Money As Debt II

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Information Money As Debt II

Title	:	Money As Debt II
Lasting	:	1.16.46
Date of publication	:
Views	:	29 rb

I appreciate the work and time that went into this though I found it to be harder to follow than Part 1 and I don't feel I really got anything new out of it It does bring up digital currency, provides some additional history, but the ultimate underlying problem in Part 1 and Part 2 is the same and I felt Part 1 was easier to understand
Comment from : Bee Benson

Yes, digital money can do all that, BUT it is also the most potent surveillance system thinkable, and there is no guarantee that a CBDC system will be designed for the benefit of all It can be as easily flawed the same way as the current system, if vested interests (mainly billionaires and banks) have a say in its creation I am not against CBDC's per se, but this has huge dangers, too
Comment from : wmjahn

34:15
Comment from : TheDarkEnigma

THANK YOU GUYS This video series changed my life much more than anything I learned in high school or even university
Comment from : cramsa

1:06:42 welcome to Bitcoin!
Comment from : Roy Piper

Banks are the real roots of white supremacy they have nothing so they must keep creating out of nothing or their scheme would fall whites know they can't do anything about the banks it's their fake foundation
Comment from : Relaxing ambient sounds

This is so terrifying the system is so evilmaybe even satanic
Comment from : Jacky Lee Whye Chun

4:20 also other commercial lenders not just commercial banks
Comment from : Kenneth The Great

The extra interest the banks earn eventually become bank depositor's interest, bank staff's salaries, and bank stock holder's dividends So the cycle will and do complete itself and it is not a dead end loop as you have described
Comment from : gg

In today's world more money is made from existing capital than from producing anything of physical value In other words, people like Jeff Bezos, Bill Gates and Warren Buffett make more money from the money they have than all the rest of us can make from producing goods and services, even though those people don't really produce anything of tangible, physical value The don't "work" in the sense that most people consider labor Yet they are applauded for their "ingenuity", "leadership" "work ethic", and are generally believed to be more intelligent than the panhandler begging on the street corner who is often viewed as a "lazy bum" who "takes advantage of the system" and "doesn't contribute to society" Ironically those people who have find themselves down on their luck, those people who labor everyday know all too well that if (people like) Bezos, Buffett, and Gates didn't "take advantage of the system"! brIn fact, "taking advantage of the system" was something that the DJ Trump actually said made him smarter than the average American, who doesn't have the ability (money, wealth, assets) to qualify for the breaks and incentives The rules are different when you have the money!
Comment from : Bobby Brown

“Ignorance is not a virtue”brBarack Obama
Comment from : Levón Léllore

Okay, so we mast venture out in space asap to 7ncrease our supply of real world goodsbrbrFund Space missions to save our money system!
Comment from : Kon Rad

sounds like i need to start a bank! also are you saying 2 banks can give each other unlimited amounts of money from thin air?
Comment from : weazol

Ｍe on this side like 6 years and still working toward freedombr：０：
Comment from : Suikutle龜 - 台文外交龜 - Tâigí Taiwanese Diplomat

1:06:45 He predicts Cryptocurrency as the ideal form of money Amazing
Comment from : M L Blanc

That's why the bank pays us interest?!!! When is the last time you put money in the banK? The bank doesn't pay us interest It charges us FEES!
Comment from : Norma Mimosa

Silvio Gesell?
Comment from : Erich Gamba

Bitcoin is the solution!
Comment from : Fernando DaVinci

Bitcoin is the greatest invention in the last 300 years!
Comment from : John Chak

“Banking was conceived in iniquity and was born in sin The Bankers own the earth Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits” br Sir Josiah Stamp br(1880-1941) President of the Bank of England in the 1920's, the second richest man in Britain brSpeaking at the Commencement Address of the University of Texas in 1927 brRef: The Legalized Crime of Banking (1958) by Silas W Adams
Comment from : YOUNGM MULLAH

I don't agree with the comparison with money printing This is because the person who borrowed money to buy the car will have to pay it back to the bank It allows people to get things when they need them and have less consumption power in the future to pay off the debt The problem seems to be that the system hinges upon people not defaulting
Comment from : InomaGep

I am guessing James Corbett has renewed our interest in these videos wwwcorbettreportcom/interview-1604-john-titus-on-central-bank-digital-currencies/
Comment from : john galt

Well-researched work, clearly explained for all to understand So applicable to our present issues Amazing set of three videos, Money as Debt 1, 11, 111
Comment from : Aura Borealis