one further point - the fed has nevr failed to lend the govermnet money and it never will - so in essence the goverment is in debt for no reason - ie instead of borrowing money and collecting taxes to pay it back - the goverment could create its own money again - the fed was set up to prevent problems in the economy - they obviously fail - the arguement was goverment would print to much - but the fed has never failed to lend -and why would they - they have nothing to lose
everyone should watch all of zeitgeist addendum and zeitgeist moving forward - and not just this small clip - also as for money matters alone - watch money masters and the secret of oz.
This is not true.... The greenback was in fact a FIAT CURRENCY.... The Civil War needed the money, so the north wanted to implement a currency like the one we have today. Those that killed lincoln killed him for wanting to do this, because these conspirators wanted to maintain the current monetary systems of the times. And for the record lincoln didn't care about slavery, nor did he want to free the slaves. If you want to argue this, do your own research first... Then get back...
the greenback is the same as the system as the one today. the founding fathers wanted GOLD and SILVER as legal tender! lincoln was assassinated because a radical group did it on the basis that he. silenced any news paper or critics that criticized the war, and things like him suspending ha bis corpus and putting Americans in jail with no trail. you guys have been reading too many public school history books! next you're gonna tell me he freed the slaves b/c it was the right thing to do? haha
@deshaebeasley Thomas Jefferson wanted to make two amendments to the Constitution. 1. He wanted to strip Congress' ability to borrow money and 2. He wanted The Federal government to create a national debt free currency. If you believe Gold Backing to work please look at the Economics of American history from 1873-1890. Lastly Lincoln's greenback system is absolutely nothing like the system we have today. The system we have today is the banks control the currency and it is debt based. cont
@deshaebeasley It is not about what backs your money, but who controls the quantity. Gold is always controlled by the banking elite/the rich elite because of how valuable it is. Rome's economy flourished from the use of Copper and Brass not gold. England flourished from the use of tally sticks, pieces of wood, not Gold. America flourished from the use of Paper Currency and at times Silver but never Gold. Gold currency, or any currency controlled by another, leads to destruction.
@deshaebeasley However a sovereign nation, with it's own national currency controlled by the representatives of Congress, with the checks and balances system laid out in the constitution is the best way. Money is only money because people accept it as such. Gold lead to the economic collapse of Rome, Gold lead to the economic collapse of England, Gold lead us to the Revolution, Gold lead us to the war of 1812, and Gold choked our economy form 1873-the late 1890's.
@deshaebeasley The difference between Lincoln's greenbacks and the monetary system we have now is that our money come's from the FED where as Lincoln's comes from the treasury at the behest of Congress. The FED loans us money that we must pay back with interest, Lincoln's greenbacks were created debt free. The only thing they have in common is they are paper and have green backs. All across the world the banking elite have used Gold and even at times Silver to grab hold of a countries economy.
@deshaebeasley Here is how Benjamin Franklin, Thomas Jefferson, and Abraham Lincoln wanted our money system to work. 1. The President decides what our currency is, whether that be copper, paper, sticks, whatever as long as it cannot be counter-fitted easily because counter-fitting ruins economies as the past has shown us. 2. Congress decides on the quantity of this currency depending on what the market needs whether that is deflation or liquidity. 3. The treasury meets these demands. cont
@deshaebeasley 4. Lastly, State banks, modeled after the Bank of North Carolina, distributes this money to the people. That is the proper and best banking system as history shows us. That is the system that lead to Rome's economic prosperity, That is the system that lead to England's prosperity from the 12th century, and that is the system that made the Colonies in America flourish economically. We must be ever vigilant however that these "Gold bug" banker/rich elite do not weasel our reps cont
@deshaebeasley We must be vigilant that they do not weasel our representatives into establishing a debt based currency controlled by a private elite. That is what gets us into these situations. Let me say again. IT DOES NOT MATTER WHAT YOUR CURRENCY IS OR WHAT BACKS IT. ALL THAT MATTERS IS WHO CONTROLS THE QUANTITY. THE PRIVATE ELITE VS THE NATIONS CITIZENS BY WAY OF THEIR REPRESENTATIVES. Gold ultimately leads to control from a private elite. Better paper which our country controls. End.
@YaHuWaHservant " We must be vigilant that they do not weasel our representatives into establishing a debt based currency controlled by a private elite. " - the fed issues money -and thats a Private bank that lends to other banks and goverments every dollar that exist is thiers - its debt created from loans and they charge interest on it and this interest doesnt exist in the money supply--goverment borrows federal reserve notes at interest instead of printing notes - too late for vigilance
@MrIzzyDizzy Too late to be vigilant now yes, but when we create a new system we must be vigilant of outside forces coming in to destroy our sovereignty. Ignorance and Apathy are the invitation letters men write to tyranny. IT is because of our lack of vigilance in the past, that we are now in this mess.
@YaHuWaHservant i agree to some degree thats true - definetly as it relates to money as debt - instead of asset -if you ever watched the rest of the movie - the new system advocated rids us of both money and markets altogether
@MrIzzyDizzy I do not agree with the solution Zeitgeist proposes. Currency is all well and good. Necessary for a nation to build itself, increase it's standard of living, and for the common people to see that their needs are met. However the prosperity that a currency offers, compared to trading goods/services, is that it is highly susceptible form outside influences. As long as we teach our children the gift that is currency, then we should be able to secure it for as long as we can.
@deshaebeasley currency is only good for exchange - and is subject to control - abundance cancels a need to exchange and you cant control an individual who has free access to his needs
2:40 is reason why he was assasinatted, wich brought out our current money system. these fucks been going around the world for a least 500 yrs, purpose initially to control the world a very slow and tedious process
one further point - the fed has nevr failed to lend the govermnet money and it never will - so in essence the goverment is in debt for no reason - ie instead of borrowing money and collecting taxes to pay it back - the goverment could create its own money again - the fed was set up to prevent problems in the economy - they obviously fail - the arguement was goverment would print to much - but the fed has never failed to lend -and why would they - they have nothing to lose
MrIzzyDizzy 3 months ago
everyone should watch all of zeitgeist addendum and zeitgeist moving forward - and not just this small clip - also as for money matters alone - watch money masters and the secret of oz.
MrIzzyDizzy 3 months ago
Your absoultly right deshaebeasley.... Good job on stating the facts!
ucicelestine 10 months ago
This is not true.... The greenback was in fact a FIAT CURRENCY.... The Civil War needed the money, so the north wanted to implement a currency like the one we have today. Those that killed lincoln killed him for wanting to do this, because these conspirators wanted to maintain the current monetary systems of the times. And for the record lincoln didn't care about slavery, nor did he want to free the slaves. If you want to argue this, do your own research first... Then get back...
ucicelestine 10 months ago
WHICH ZEITGEIST IS THIS FROM>?
snafuedem 1 year ago
the greenback is the same as the system as the one today. the founding fathers wanted GOLD and SILVER as legal tender! lincoln was assassinated because a radical group did it on the basis that he. silenced any news paper or critics that criticized the war, and things like him suspending ha bis corpus and putting Americans in jail with no trail. you guys have been reading too many public school history books! next you're gonna tell me he freed the slaves b/c it was the right thing to do? haha
deshaebeasley 1 year ago
@deshaebeasley Thomas Jefferson wanted to make two amendments to the Constitution. 1. He wanted to strip Congress' ability to borrow money and 2. He wanted The Federal government to create a national debt free currency. If you believe Gold Backing to work please look at the Economics of American history from 1873-1890. Lastly Lincoln's greenback system is absolutely nothing like the system we have today. The system we have today is the banks control the currency and it is debt based. cont
YaHuWaHservant 7 months ago
@deshaebeasley It is not about what backs your money, but who controls the quantity. Gold is always controlled by the banking elite/the rich elite because of how valuable it is. Rome's economy flourished from the use of Copper and Brass not gold. England flourished from the use of tally sticks, pieces of wood, not Gold. America flourished from the use of Paper Currency and at times Silver but never Gold. Gold currency, or any currency controlled by another, leads to destruction.
YaHuWaHservant 7 months ago
@deshaebeasley However a sovereign nation, with it's own national currency controlled by the representatives of Congress, with the checks and balances system laid out in the constitution is the best way. Money is only money because people accept it as such. Gold lead to the economic collapse of Rome, Gold lead to the economic collapse of England, Gold lead us to the Revolution, Gold lead us to the war of 1812, and Gold choked our economy form 1873-the late 1890's.
YaHuWaHservant 7 months ago
@deshaebeasley The difference between Lincoln's greenbacks and the monetary system we have now is that our money come's from the FED where as Lincoln's comes from the treasury at the behest of Congress. The FED loans us money that we must pay back with interest, Lincoln's greenbacks were created debt free. The only thing they have in common is they are paper and have green backs. All across the world the banking elite have used Gold and even at times Silver to grab hold of a countries economy.
YaHuWaHservant 7 months ago
@deshaebeasley Here is how Benjamin Franklin, Thomas Jefferson, and Abraham Lincoln wanted our money system to work. 1. The President decides what our currency is, whether that be copper, paper, sticks, whatever as long as it cannot be counter-fitted easily because counter-fitting ruins economies as the past has shown us. 2. Congress decides on the quantity of this currency depending on what the market needs whether that is deflation or liquidity. 3. The treasury meets these demands. cont
YaHuWaHservant 7 months ago
@deshaebeasley 4. Lastly, State banks, modeled after the Bank of North Carolina, distributes this money to the people. That is the proper and best banking system as history shows us. That is the system that lead to Rome's economic prosperity, That is the system that lead to England's prosperity from the 12th century, and that is the system that made the Colonies in America flourish economically. We must be ever vigilant however that these "Gold bug" banker/rich elite do not weasel our reps cont
YaHuWaHservant 7 months ago
@deshaebeasley We must be vigilant that they do not weasel our representatives into establishing a debt based currency controlled by a private elite. That is what gets us into these situations. Let me say again. IT DOES NOT MATTER WHAT YOUR CURRENCY IS OR WHAT BACKS IT. ALL THAT MATTERS IS WHO CONTROLS THE QUANTITY. THE PRIVATE ELITE VS THE NATIONS CITIZENS BY WAY OF THEIR REPRESENTATIVES. Gold ultimately leads to control from a private elite. Better paper which our country controls. End.
YaHuWaHservant 7 months ago
Comment removed
MrIzzyDizzy 3 months ago
@YaHuWaHservant " We must be vigilant that they do not weasel our representatives into establishing a debt based currency controlled by a private elite. " - the fed issues money -and thats a Private bank that lends to other banks and goverments every dollar that exist is thiers - its debt created from loans and they charge interest on it and this interest doesnt exist in the money supply--goverment borrows federal reserve notes at interest instead of printing notes - too late for vigilance
MrIzzyDizzy 3 months ago
@MrIzzyDizzy Too late to be vigilant now yes, but when we create a new system we must be vigilant of outside forces coming in to destroy our sovereignty. Ignorance and Apathy are the invitation letters men write to tyranny. IT is because of our lack of vigilance in the past, that we are now in this mess.
YaHuWaHservant 3 months ago
@YaHuWaHservant i agree to some degree thats true - definetly as it relates to money as debt - instead of asset -if you ever watched the rest of the movie - the new system advocated rids us of both money and markets altogether
MrIzzyDizzy 3 months ago
@MrIzzyDizzy I do not agree with the solution Zeitgeist proposes. Currency is all well and good. Necessary for a nation to build itself, increase it's standard of living, and for the common people to see that their needs are met. However the prosperity that a currency offers, compared to trading goods/services, is that it is highly susceptible form outside influences. As long as we teach our children the gift that is currency, then we should be able to secure it for as long as we can.
YaHuWaHservant 3 months ago
@deshaebeasley currency is only good for exchange - and is subject to control - abundance cancels a need to exchange and you cant control an individual who has free access to his needs
MrIzzyDizzy 3 months ago
2:40 is reason why he was assasinatted, wich brought out our current money system. these fucks been going around the world for a least 500 yrs, purpose initially to control the world a very slow and tedious process
Sexymetroman 2 years ago