Title | : | Money As Debt 1 of 5 - Money As Debt Part 1 Full HQ Video |
Lasting | : | 9.46 |
Date of publication | : | |
Views | : | 27 rb |
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You can chortle at money problems -- when you Go Google Caul Cash Code Comment from : Evil Mona |
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THEY HAVE STARTED TO REMOVE PROFILES CONTAINING THIS VIDEO MAKE SURE TO TAKE COPIES AND SPREAD IT OVER THE INTERNET FREE SPACE SO PEOPLE CAN SEE IT!!!! Comment from : soulbeatification |
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wow! learned so much will share Comment from : ashiabridges |
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amazing piece of analysis! Comment from : Meng Wu |
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@nmssis
You have a major misconception Currently money is neither issued or created by the government but by private central banks
The constitution gives the government power to COIN money It was understood by the Founding Fathers that meant the money had to be hard money (gold, silver, or other valuable metals) that is limited- unlike paper That means the government's ability to tax, spend and borrow is self limiting
You need to go back and spend more time studying history Comment from : Sam Walker |
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@nmssis
There is a big difference you don't get The government doesn't issue or create money today Private Central banks do
Look at the Constitution, there's a reason the government is given the power to COIN money and that money has to be a valuable memo It makes spending, taxation, and debt self limiting
You need to learn a little more about history before spouting off Comment from : Sam Walker |
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This film quotes Leo Trotskya known Communist that went back to Russia, with the funding from US Bankers, to overthrow the Czar
Fucken kiddin me? Comment from : nmssis |
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ok just got done watching the full version
The first 2/3 of the film breaks it down well BUT the solution the film suggests is that of more control and enforcement of the government
Think what you will folks but would any of you, in a sane mind give an acoholic another bottle of booze the very SAME DAY he/she came out of rehab? That's what the film suggestslet the gov't regulate themselves and by all of us living under communism
Be careful on the last 1/3 of the film Comment from : nmssis |
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fiat currency-
F ound
I n
A
T rashcan
"how far can we ask ordinary people, farmers and fishermen and teachers and nurses to shoulder the responsibility of failed private banks?"
-Icelandic President Grimsson
Comment from : wolfgangfaust |
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@macroman52 That would be ridiculous, when he could trade it for Silver or Gold Comment from : Nid Styles |
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@MichaelFromTheUK
Michael, please send me your worthless fiat money, imediately You don't have to burn it or throw it away Comment from : michael macrossan |
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The goldsmith's tale is not very accurate as history Bills of exchange issued by all types of merchants were probably just as important The vid obscures the fact that a "good" bank can eventually repay all its depositors if they wait for the loans made by the banker to mature Individual bankers only ever lend money/deposits LENT to them It is the system as a whole (what is lent to one person is deposited into another bank) that multiples the money supply Comment from : michael macrossan |
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great stuff spread the word Comment from : roppokai1 |
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@RassistenRassurgence-Exactly, why do you think we have an (apparently) unbreakable bond with Israel? Which President you think is going to abolish the Fed? None, they seen what happened to JFK over E 11110 and his non-compliance with Operation Northwoods Rothchild's and JP Morgan destroyed this country 97 years ago Comment from : SirMar Cerrone |
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I have been screaming about this for a decade now, this is where politics start If you aren't aware of this you surely can't have an educated discussion on economics or react to partisan rhetoric regarding national debt (R)'s love to use spending as a wedge issue, yet an understanding of our treasonous ass backwards monetary system will dispel that 30 year old fallacy!! An even better movie is Money Masters, long but waay more thorough Comment from : SirMar Cerrone |
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Wow, this video is a real eye-opener! I'm stunned I knew paper money are empty to a certain extent, but I never saw the big picture of just how empty money is Astounding, truly amazing Comment from : mindvolution |
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Thanks for the up Comment from : TussinProductions |
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