Money as Debt II Promises Unleashed (1 of 8)
Quick and easy way to accumlate silver silversnowball.com Click for full playlist: www.youtube.com Bailouts, stimulus packages, debt piled upon debt, where will it all end? How did we get into a situation where there has never been more material wealth & productivity and yet everyone is in debt to bankers? And now, all of a sudden, the bankers have no money and we the taxpayers, have to rescue them by going even further into debt! Money as Debt II Explores the baffling, fraudulent and destructive arithmetic of the money system that holds us hostage to a forever growing DEBT…and how we might evolve beyond it into a new era. www.moneyasdebt.net
@LostCivilization I agree in part. The biggest issue at hand IMO is ridding ourselves of the Federal Reserve (a private run corporation) and eliminating fractional reserve lending. For a broader view of the problems with the current fiat money supply and why a gold-backed money supply isn’t the answer, look at a documentary called “The Secret of Oz” which is also on youtube.
WHAT RELIGION GOES AGAINST ALL THIS, AND FORBADE ALL THIS? YOU MIGHT BE SURPRISED.
@delyparker777 We just need to get rid of that bank for anything to work.
@zenithsage, we may not agree about gold but silver may be another solution or even Lincoln Greenbacks etc. ANYTHING but Federal Reserve NOTES or “dollars.” The International Banksters hate people buying hard assets so I buy junk silver. That’s another way to destroy the vampire sucking this nation dry. The Secret of Oz gives the solutions. Exposing these morons is half the battle, the more, the better. They CANNOT win if enough of us know what they are doing and who they are!
@delyparker777 You are right, but how can we topple people that high from power?
@zenithsage, I agree but who has the MOST greed?! The International Banksters who control and operate the Federal Reserve, Wall Street, The IMF and the World Bank!
“All problems, depressions, wars, disasters, assassinations, all of them were planned, caused, instigated, and implemented by the International Bankers and their attempt to establish a central bank in every country in the world, which they have now done, thanks to corrupt politicians who have been bought and paid for. This is all you need to know about the history of the world.”- John Fitzgerald Kennedy
@delyparker777 Also, the Venus project will never happen in a society filled with greed.
@delyparker777 Gold isn’t a solution, it will just cause more problems. Gold is not abundant and as the population grows, no one will have gold except the rich because it is finite.
The greatest power Monsanto has is that of the wind. There is no solution. As much as I do not like it, debt is here to stay. I rather have debt dollars than nothing. At least I can still eat.
@zenithsage, sorry but you’re mistaken. The BEST asset will be FOOD, and Non-hybrid, Non-GMO seeds, water, water filter, guns, ammo and finally gold and silver. ALL paper currencies will be DEVALUED by 2/3 which means you get 1 new currency for every 3. That’s EXACTLY what happened to Argentina. The currency will become WORTHLESS! The Weimar Republic is happening all over again! Watch The Money Masters and The Secret of Oz for the SOLUTIONS!
@Fike2308 Ron Paul’s plan is a failure. Any economist worth his salt will tell you gold is useless form of money. The only people who will have the money will be the banks and you will have none. At least debt dollars are worth something even if it is next to nothing. It is better having that then absolutely nothing if they change to a gold standard.
@LostCivilization Well I wouldnt call RP a clown But I would call him a shoeshine boy for the elites…being groomed for the top job for the Nau
@nameofthepen
I make comments to correct the errors of others, I don’t care about subscribers.
If you say something stupid, I’ll be glad to correct you as well.
@jimmyrtle – I was embarrassed on your behalf to see you leave such a stupid comment. But when I looked at your channel, and saw your only subscriber was george4title, suddenly it all made sense. LMAO!
@maradona2
” If all debts were paid off, there would be no money. As debt is money and money is debt, ”
The $20s in my wallet aren’t debt.
@LostCivilization
“and do 100 or more iterations”
You would see that total loans were less than total deposits.
” you are thinking in terms of 1 bank only”
Nope. All deposits across all banks are larger than all loans.
Each loan in fully funded. Each deposit can fund a smaller loan.
Each loan is created out of a deposit
@jimmyrtle “Loans are less than deposits, not more.”
If you go thru Modern Money Mechanics and do 100 or more iterations of the loan process, you will see that assuming a 1:10 fractional ratio (meaning $1 on hold for every $10 on deposit) or using your 1:9 analogy ($1 on hold for every $9 loaned out), you are thinking in terms of 1 bank only.
Think in terms of cascading loans at a multitude of banks and you will see that up to 10x the initial loan amount can be created out of thin air.
@jimmyrtle “Ron paul may be a “clown”" Is a clown.”
This is your opinion, not fact.
@Totalreformer If all debts were paid off, there would be no money. As debt is money and money is debt, since it’s created by debt and used to pay debt which is impossible to do since the interest grows larger and faster than the principal being loaned out (Principal = Interest)
@zignationer
I like it! =) Trip hop.
If all money in circle, would be used to pay of our debt, we would still not be debt free. Cause the world bank and IMF are used to in-debt country’s which in-debts peoples. And banks own the real estate market and has taken the opportunity to really own your house/apartment into a big loan, making you trustful as the price rises, until the bubble collapse as all other bubbles.
Debt grows and swallows your house value, while the Gov. use taxes to pay off the banks saving them instead of you.
@tehuan1, please keep in mind that this is NOT the United States of America..it does NOT represent we the “little people”. The FEDERAL RESERVE and Wall Street are the REAL POWERS BEHIND GOVT. The Money Masters helps you understand this. Our Constitition has been hijacked and we are fighting to get our Constitution back!
@professornuclearbomb “They still can. The 1:1 ratio means if I deposit $100 dollars in the bank, the bank can make a loan”
“1:1 non-fractional” means banks cannot loan, they must retain $1 in reserves for every $1 in deposits.
” via putting the extra figures into your account, a loan to you for $100. What was $100 became $200″
If you’re talking about fractional reserve banking, the bank can only loan $90 and now the money supply is $190, not $200.
@jimmyrtle They still can. The 1:1 ratio means if I deposit $100 dollars in the bank, the bank can make a loan, via putting the extra figures into your account, a loan to you for $100. What was $100 became $200.
United States of America is the core of financial criminals…!