SAFE 0+, or how to conjure 185 billion out of a budget hole

ireneuszlara.blogspot.com 6 days ago

About the elite of Kaczyński – Glapinski, Nawrocki, Błaszczak, Suski, Kowalski and the full character gallery – I have already written a lot. They appeal to God, but his teachings are viewed as decoration alternatively than a commitment. In practice, they build something like a political sect: the faithful are to believe, not think, and fight anyone who asks questions.
It always seemed to me that in order to manipulate the masses so effectively, it would take extraordinary cunning and intelligence. That you gotta thoroughly weave a web of lies so no 1 can see through this facade of stupidity. I was wrong. I'm fine.

I walk by the tv and hear the triumphant voice of Nawrocki:

I found a loose 185 billion with Glapinski. We'll do SAFE 0+. And we can buy equipment from Trump.

Until I sat down. Revelation of Nawrolski and Glapinski.

Because there's no specified thing as "loose public money". Not in thousands, not in millions – and surely not in the amount $185 billion. all public gold has a destiny: health, schools, police, military, infrastructure, pensions, energy, administration.
If individual truly had found 185 billion “in bulk”, it would have been the first specified case since the Phoenicians invented money about 3 1000 years ago.
So I'm waiting for an explanation.

And that's erstwhile Glapiński starts talking.
Quiet. Insecure. With a characteristic ‘yyyy’ in all second sentence.
You have to... uh... with the government... uh... make the right... to... uh... let me... uh... aid the safety of the state.

Wait.
Did they just propose that the money lies in National Bank of Poland?

If so, we are dealing not with economics, but with fraud.
Because the National Bank of Poland cannot finance the government. This is prohibited by the Constitution of Poland (Article 220(2)) and the Act on NBP.

The central bank has another tasks: to guarantee the stableness of money, to control inflation, to manage abroad exchange reserves and to guarantee the stableness of the banking system.
In short:
NBP is simply a bank and a state bank.
It besides manages abroad exchange reserves, valuable cigarettes, and precious metals. NBP collects and manages Polish abroad exchange reserves to guarantee the financial safety of the country.
It takes action with reserves in situations of economical disaster or war.

To sum up: NBP reserves you can aid the government after the Constitution changes, but even if it were possible to remove the Polish nation from the reserves it has a black hr in the event of war or collapse of economy and mass unemployment.

After the change of constitution, I remind you. Only if our currency does not collapse then, and our debt will be met by Greek syndrome.

Without changing the NBP Constitution, he is not an ATM of the government.

But wait. Yes. the central bank may have a profit. And the bill says clearly:
95% of the profit goes to the state budget.

There's only 1 small thing.

To give $185 billion, you gotta make a profit first.

And the National Bank of Poland under the direction of Adam Glapiński has had precisely the other situation for respective years.
Loss.
• 2022 – minus PLN 16.9 billion
• 2023 – minus PLN 20.8 billion
• 2024 – minus PLN 13.3 billion
• 2025 – forecast about PLN 30 billion
In total, this represents nearly PLN 100 billion in losses.
So it is hard to find 185 billion in a place that sinks in the negative.

But there's 1 more thing.
Question to the “Patriots”
Finally, there is 1 key question. If Glapiński and Nawrocki so efficiently “find” billions, where were they erstwhile Mariusz Błaszczak took out giant loans?
• In Korea at 6.5% (100 billion PLN).
• In the USA, 7% (PLN 200 billion).

Where was the “patriot” of Glapiński? Why didn't he then pull billions out of the drawer to spare us billions of interest to pay off our children and grandchildren?

There would be no interest.

There would be no long-term debt.

There would be no bill to pay the next generation.

But then no “loose billions” were mentioned.


Read Entire Article