It's pretty obvious at this point that the game is to destroy what we have to create a NWO, steal more from the people and keep there big lies going, but... the people know what is up and there sociopath mentality isn't going to work anymore, it's going to get VERY interesting, don't you think? Great Video!
THEIR ARE TWO WAYS TO GET RICH SUE A CORPORATE HITLER OR WIN THE LOTTERY, BEST ADVICE I HEARD IN COLLEGE AT CHICO STATE. OTHER WAYS, NOT IT'S BUY GOLD & SILVER, LIVE BELOW YOUR MEANS, MARY RICH, BUY A HOME FOR CASH
The monetary system is purposefully broken in both Europe and America, they are flogging a dead donkey pretending that they are 'fixing' a problem that they created themselves by creating money out of thin air that will need to be paid back with interest by the hard working people via taxes. Money that is backed by nothing is destined to fail every time.
I am a Free Man. I am neither a slave nor an Asset for any Man or Government. I will not be used as such, and any attempt to subjugate me will be met with the utmost anger and righteous fury that only a truly free man can still feel.
In short, if you come to oppress me, you’d better come damn hard.
Capitalism offers more things to believe in than any system that has ever come before. Nearly every faith, from Christianity and Buddhism to Islam and Marxism, promises to raise the poor and the oppressed. But only capitalism delivers what these ideologies and religions profess. Capitalism lifts the poor and helps them live their dreams.
@econogate sure but sadly the monopoly capitalism we have had has been detrimental to ppl in 3rd world bcoz our prosoerity was at their cost. Capitalism without monopoly could work. The same elites who created communism has a tight grip on capitalism making it just as suffocating as communism.
"Great nations rise and fall. The people go from bondage to spiritual truth, to great courage, from courage to liberty, from liberty to abundance, from abundance to selfishness, from selfishness to complacency, from complacency to apathy, from apathy to dependence, from dependence back again to bondage."
Like fiat money always goes to zero you can not stop the societies cycle of destruction.
Thanks thus, like the dollar going to zero you must be ready for each of those events it may not happen in our life time but we must teach our family members the truth of reality and to be ready for it so that it does not disrupt your life.
About wealth redistribution: it certainly does not make everyone poor; it makes the elite more elite and the poor more poor. The USSR was not a society where everyone had the same wealth; the political and military leaders of the country enjoyed great wealth at the expense of everyone else. There is no real example of wealth redistribution upon which you can base your assertion, but let me challenge you: the best economic years (50's and 60's) had the super rich taxed at over 90%.
"Money ... is the nerve center of the economic system. If, therefore, the state is able to gain unquestioned control over the unit of all accounts, the state will then be in a position to dominate the entire economic system, and the whole society."
i guess milton friedman was great... some people think hitler was great too. following milton friedman's ideas led to giant corporations that take all our money to their home offices and foreign countries. so our "free market money" ends up in the free market and far from our hands and pockets. 30 years of friedman's lunacy, started by reagan, has led us right here where we are!!! do you actually like where we are?
@thornepalmer listen to this vid and you will get an idea of what basically is wrong about your analysis. Friedman and the Austrians scare the crap out of people who fear freedom and accept the socialist nanny state. Equating Milton Friedman with Hitler probably sounds cool on some nitwit level.
@pretorious700 we need to get back to fdr type policies. tariffs to discourage moving jobs to china and inspire more hiring within. this guy suggests that the markets decide what to pay us? it's not ok for people in america to make a dollar a day. this vid doesn't explain anything but raises more questions. jobs started moving out of the us with the friedman inspired deregulation. this guy's ideas are only for the super rich and will screw the rest of us. again... tell me what i'm missing.
True 'Dat! Since the two main political parties have successfully consolidated power in DC., we have lived under a crony-capitalist economy. It sux!........for everyone, especially those without a lobbyist...........
the problem is LAW can't work - everything that is wrong with this global crisis is our concepts of justice - justice creates how we can all behave and if bad guys want to create laws - are those laws right? if you make a law that says you can't grow food - is that right or wrong? We as humans have a right to life yet our laws give us nothing but the right to die - you can't fix an economic system without fixing justice and there is a much healthier way other then LAWS
Another way to say this is that free market capitalism is natural and is based on supply and demand. There is no shortage of people who think they are smarter than nature in economics, and yes, we have NEVER been allowed to actually see the free market at work.
God is smarter than all the economists in the world combined times infinity.
Today we don't have capitalism or free markets, we have a rigged casino where the mega rich go to gamble the lives of billions.
Everything is corrupt to the core, all the banking institutions are operating in complete fraud.... that is why we have somany problems, but people care about sutpid shit like dancing with the stars, THEY HAVE YOU ALL CONFUSED AND DUMBED DOWN/DISTRACTED so that they can EXTRACT as much wealth from you as possible.
@eduardoobregon Thats just wrong, the free market would actually keep pollution in check and food prices would also be stable.
If had debt free money, there would be no huge fluctuations in food prices/gas prices.
We need to peg exchange rates to hard assets like gold/silver, interest rates should be based on real demand, not what people "think would be a good interest rate".
We need a computer to automatically make decisions for us, because left to our own devices we would make wrong choices
@Dre4dwolf ok, I agree with all you say but please explain how would it keep pollution in check if its in cocacola's best interest to maximize polluted water directly or inderectly in order to sell bottled water? same goes for using oil as an energy source. why would alternative energies be used if supply would meet and surpase demand? if there's no profit it's not done. what about the cancer industry? is it in their best interest to find a cure? you also havent addresed hunger.
@Dre4dwolf all we can do is level the playing fields? I disagree, there's so many things we could do! including removing the "free market" itself. I meant renewable and clean energy sources. It is scientifically proven we could power the world many times over without a drop of oil or gas, it's just not profitable. Look into geothermal. Oil would be the best to build those infrastructures but we don't NEED it. Anyway, once the are up and running no oil is needed, otherwise what would be the point
@eduardoobregon We don't have a free market, fool. And that is exactly why alternative energy hasn't taken off. Government subsidies and regulation make it impossible to compete with the Energy Establishment. All our lawmakers are bought and paid for by special interests, yet we, the American people, never hold them accountable, because then we'd all lose our own pet projects and handouts--be they wars, subsidies, tax-breaks, gay-marriage, abortion, welfare, or whatever.
@Shaehl well these so called evil governments are put there by the corporations at the top of the ''free market'' game, it's a natural result of such a fucked system. Your lawmakers are bought and paid because of money which brings us back to why it's the problem here, sorry. Anyway I hear one of the owners of facebook is buying an island to have no government and a free market, that should show us how foolish it is. watch?v=T0Ty9jFRtOw
@eduardoobregon If everyone cared about the earth, we would of converted all the deserts into solar farms with miles and miles of mirrors to generate endless power for decades with proper maintenance and care.
Its the only real practical solution, wind is not viable.... its just not cost effective and requires too much infrastructure, but a tower in the middle of a desert with mirrors? thats easy to build, theres no excuse really.
@Dre4dwolf In the free market if a problem is not profitable it's not delt with, if it is, it's sustained. I'm not sure about the costs of wind energy but we would have to find out if the cost are relative to the actual resources being used. In any case I'm sure there's places where it is.
This is great!! It will surely wake a lot of people up! The free market is peaceful.
One thing, though: If you're a free-market fan, do you think justice, defense, and common law could be solved by the free market rather than a monopoly on these things called "government?"
I would love to hear your answer! Have an awesome day!
Why do we need interest rates in the first place? If a loan is nothing more than a promise to pay you back, why should there be a price attached to that? If I want to purchase a car for 30k, why do I need to go through a middle man who I need to pay anywhere from 5-25% interest?
@BlacksAreBeautiful Well how about the fact that during the time that you loan the money, the person that is loaning you the money can't use it to make money in other kinds of trade on which he could be making a profit. This means that without an intrest rate he would lose money. Now why would anyone loan you money if it's going to cost them money.
Now if you want to buy something without having to pay intrest then i suggest saving your money until you can buy it without needing a loan.
The failure of socialism is lack of incentive and corruption. The failure of capitalism is greed and corruption which also results in lack of incentive. Why work hard when the free market is rigged by a bunch of criminals?
The free market is nothing more than economical egoism, or, if you will, barbarism. The economy should be harshly controlled by the government. Support of the free market equates to support of hitting people on the head with a crowbar.
Let me correct you a bit: it does not matter that we use Fiat currency; what matters is WHO issues this money and HOW MUCH money is issued. That's it, no gold or silver are necessary to "back" the currency. Moreover, if we move back to the gold/silver paradigm, the gold/silver will end up in the hands of few. To better understand this, watch "Money As Debt - Part 2", or "The Secret Of Oz" - two excellent films that explain why "backing" money with metals is not the solution.
Nice post - because it's the truth. Every human being, every adult individual, has the right to engage in peaceful, honest, voluntary activities in the marketplace. Those who call themselves government have no right to interfere in this. Government's only legitimate role is punishing those who initiate force, fraud or coercion.
We can never find justice at the hands of corrupt judges. (See youtube videos) Judge To Judge On Illegal_Payments To Judges---Evil Triangle of Court Corruption---Richard Fine---Dr shirley Moore---SBX 211. Now is the time to be heard. The fight to end this title wave of corruption in our country must start with the corrupt judges. Show your support now or wait untill your fate is at the hands of corrupt judges.
Hitler would have loved this guy. Neo Darwinism at it's best. The only way to have his system is to have fascism like China. This is because in democracy the people who want more will vote in governments to give them more.
Yes, command interest rates are the camel's nose under the tent- but now the interest rate setters are well on their way to global hegemony. We have been playing checkers, they have been playing chess. Manufactured events make up a manufactured history of contrived crisis/renewal waves-the world command economy is going to be a starvation machine.
Have you ever read a book called "Web of Debt"? How about if money was backed by our Labour/energy. For example we have a community project like building a bridge or better roads and we issue money upon completion of these assets of the community. Is there anything wrong with that or is it wrong because gold or silver doesnt back up this money. Is this considered Fiat and if so is it a bad thing in this case?? Curious of your opinion. Are you a hard line Austrian School Advocate?
@charronfamilyconnect It is possible and it is better than gold based money. Government should print the money when people borrow. There may not be a need for interest. But interest is to be charged for this new money, it should be paid to the government. Government can print this interest portion ahead of time so that borrowers can earn it. Once paid back it can be destroyed. This way government won't tax others. In this system, people will borrow from other people and pay interest to them.
@silvercelli I agree. He tried to point out in another video how we, the ones that pay taxes to the IRS, are the producers that keep the system going. I disagree with that. Since the jobs have gone to China, how can we produce? All we do is sell what China produces. The US companies that outsource to China are the ones that make all the money, not us. True capitalism at work.
I don't agree with Friedman on everything but he definitely seemed to know what he was talking about 99% of the time and that's enough for me to want to investigate just about everything that he had to say.
"Money ... is the nerve center of the economic system. If, therefore, the state is able to gain unquestioned control over the unit of all accounts, the state will then be in a position to dominate the entire economic system, and the whole society."
It's pretty obvious at this point that the game is to destroy what we have to create a NWO, steal more from the people and keep there big lies going, but... the people know what is up and there sociopath mentality isn't going to work anymore, it's going to get VERY interesting, don't you think? Great Video!
irishspiritedgal 1 week ago
THEIR ARE TWO WAYS TO GET RICH SUE A CORPORATE HITLER OR WIN THE LOTTERY, BEST ADVICE I HEARD IN COLLEGE AT CHICO STATE. OTHER WAYS, NOT IT'S BUY GOLD & SILVER, LIVE BELOW YOUR MEANS, MARY RICH, BUY A HOME FOR CASH
KamikazeKoscki 1 week ago
I love your videos, just one question... why is there ufo soundbites in the background?
kushy04 3 weeks ago
Mike should run for office. He'd have my vote.
uofibud 1 month ago
Thank you. Your videos provide a great service. Every high school in America needs a teacher like you.
Here2ownU 1 month ago
"The government is supposed to do" whatever the margin at an election decides. Get a grip!
alectraproject 2 months ago
@alectraproject You really need to take a government 101 class. Look up: representative republic.
Checks and balances
Seperation of powers
Tyranny of the masses
Some basics to set you straight on the role of government.
Here2ownU 1 month ago
I subscribed right when you introduced Milton Friedman as a great economist. Definitely my favorite economist ever, love these videos as well.
ImhoffInstruments 2 months ago
The monetary system is purposefully broken in both Europe and America, they are flogging a dead donkey pretending that they are 'fixing' a problem that they created themselves by creating money out of thin air that will need to be paid back with interest by the hard working people via taxes. Money that is backed by nothing is destined to fail every time.
WhistlingTube 3 months ago
This has been flagged as spam show
I am a Free Man. I am neither a slave nor an Asset for any Man or Government. I will not be used as such, and any attempt to subjugate me will be met with the utmost anger and righteous fury that only a truly free man can still feel.
In short, if you come to oppress me, you’d better come damn hard.
hamblin31 4 months ago
Capitalism offers more things to believe in than any system that has ever come before. Nearly every faith, from Christianity and Buddhism to Islam and Marxism, promises to raise the poor and the oppressed. But only capitalism delivers what these ideologies and religions profess. Capitalism lifts the poor and helps them live their dreams.
econogate 5 months ago
@econogate sure but sadly the monopoly capitalism we have had has been detrimental to ppl in 3rd world bcoz our prosoerity was at their cost. Capitalism without monopoly could work. The same elites who created communism has a tight grip on capitalism making it just as suffocating as communism.
Badwolf182 3 months ago
Mercadolivre e ebay
seba40th 5 months ago
Não gosto desse cara, adimiro
seba40th 5 months ago
"Great nations rise and fall. The people go from bondage to spiritual truth, to great courage, from courage to liberty, from liberty to abundance, from abundance to selfishness, from selfishness to complacency, from complacency to apathy, from apathy to dependence, from dependence back again to bondage."
Like fiat money always goes to zero you can not stop the societies cycle of destruction.
davincij15 5 months ago
@davincij15 Well said.
WhistlingTube 3 months ago
@WhistlingTube
Thanks thus, like the dollar going to zero you must be ready for each of those events it may not happen in our life time but we must teach our family members the truth of reality and to be ready for it so that it does not disrupt your life.
davincij15 3 months ago
yes
frazierbeyb 5 months ago
About wealth redistribution: it certainly does not make everyone poor; it makes the elite more elite and the poor more poor. The USSR was not a society where everyone had the same wealth; the political and military leaders of the country enjoyed great wealth at the expense of everyone else. There is no real example of wealth redistribution upon which you can base your assertion, but let me challenge you: the best economic years (50's and 60's) had the super rich taxed at over 90%.
k98killer 5 months ago
Great report!
mig189189189 5 months ago
This has been flagged as spam show
"Money ... is the nerve center of the economic system. If, therefore, the state is able to gain unquestioned control over the unit of all accounts, the state will then be in a position to dominate the entire economic system, and the whole society."
- Tupac
hameed 6 months ago
i guess milton friedman was great... some people think hitler was great too. following milton friedman's ideas led to giant corporations that take all our money to their home offices and foreign countries. so our "free market money" ends up in the free market and far from our hands and pockets. 30 years of friedman's lunacy, started by reagan, has led us right here where we are!!! do you actually like where we are?
thornepalmer 6 months ago
@thornepalmer hard to know where to start with your ignorant misapprehension of what has really happened.
pretorious700 5 months ago
@pretorious700 start at the beginning. if i really have this wrong, enlighten me.
thornepalmer 5 months ago
@thornepalmer listen to this vid and you will get an idea of what basically is wrong about your analysis. Friedman and the Austrians scare the crap out of people who fear freedom and accept the socialist nanny state. Equating Milton Friedman with Hitler probably sounds cool on some nitwit level.
pretorious700 5 months ago
@pretorious700 we need to get back to fdr type policies. tariffs to discourage moving jobs to china and inspire more hiring within. this guy suggests that the markets decide what to pay us? it's not ok for people in america to make a dollar a day. this vid doesn't explain anything but raises more questions. jobs started moving out of the us with the friedman inspired deregulation. this guy's ideas are only for the super rich and will screw the rest of us. again... tell me what i'm missing.
thornepalmer 5 months ago
This has been flagged as spam show
So very well said. Kudos.
I would very much like to mirror your splendid clip on my channel if you are ok with that?
RebelRadius 6 months ago
The great lie is that there should be a government. /watch?v=709fnec7eJ8
Dysentery7885 6 months ago
True 'Dat! Since the two main political parties have successfully consolidated power in DC., we have lived under a crony-capitalist economy. It sux!........for everyone, especially those without a lobbyist...........
luke55664 6 months ago
the problem is LAW can't work - everything that is wrong with this global crisis is our concepts of justice - justice creates how we can all behave and if bad guys want to create laws - are those laws right? if you make a law that says you can't grow food - is that right or wrong? We as humans have a right to life yet our laws give us nothing but the right to die - you can't fix an economic system without fixing justice and there is a much healthier way other then LAWS
Judy101101 6 months ago
free markets? what about no freedom at all? this joke will end soon, prepare yourselves for some major changes
venji8 9 months ago
Another way to say this is that free market capitalism is natural and is based on supply and demand. There is no shortage of people who think they are smarter than nature in economics, and yes, we have NEVER been allowed to actually see the free market at work.
God is smarter than all the economists in the world combined times infinity.
partsproduction 9 months ago
Today we don't have capitalism or free markets, we have a rigged casino where the mega rich go to gamble the lives of billions.
Everything is corrupt to the core, all the banking institutions are operating in complete fraud.... that is why we have somany problems, but people care about sutpid shit like dancing with the stars, THEY HAVE YOU ALL CONFUSED AND DUMBED DOWN/DISTRACTED so that they can EXTRACT as much wealth from you as possible.
Dre4dwolf 9 months ago
the free market will kill us anyway, through pollution and hunger.
eduardoobregon 10 months ago
@eduardoobregon Thats just wrong, the free market would actually keep pollution in check and food prices would also be stable.
If had debt free money, there would be no huge fluctuations in food prices/gas prices.
We need to peg exchange rates to hard assets like gold/silver, interest rates should be based on real demand, not what people "think would be a good interest rate".
We need a computer to automatically make decisions for us, because left to our own devices we would make wrong choices
Dre4dwolf 9 months ago
@Dre4dwolf ok, I agree with all you say but please explain how would it keep pollution in check if its in cocacola's best interest to maximize polluted water directly or inderectly in order to sell bottled water? same goes for using oil as an energy source. why would alternative energies be used if supply would meet and surpase demand? if there's no profit it's not done. what about the cancer industry? is it in their best interest to find a cure? you also havent addresed hunger.
eduardoobregon 9 months ago
@eduardoobregon The world is not a perfect place, and never will be, all we can do is level the playing fields.
Alternative fuels are not a solution, because really all energy will come from
Oil, Nuclear, Natural Gas, Solar, Wind (realisticly).
In order for Wind power, we need OIL to make the turbines, to keep them functional.
For Solar, we need Oil and other materials that are wasteful to produce.
The best thing we have is Solar Reflection energy generation, but when its cloudy ? what then?
Dre4dwolf 9 months ago
@Dre4dwolf all we can do is level the playing fields? I disagree, there's so many things we could do! including removing the "free market" itself. I meant renewable and clean energy sources. It is scientifically proven we could power the world many times over without a drop of oil or gas, it's just not profitable. Look into geothermal. Oil would be the best to build those infrastructures but we don't NEED it. Anyway, once the are up and running no oil is needed, otherwise what would be the point
eduardoobregon 9 months ago
@eduardoobregon We don't have a free market, fool. And that is exactly why alternative energy hasn't taken off. Government subsidies and regulation make it impossible to compete with the Energy Establishment. All our lawmakers are bought and paid for by special interests, yet we, the American people, never hold them accountable, because then we'd all lose our own pet projects and handouts--be they wars, subsidies, tax-breaks, gay-marriage, abortion, welfare, or whatever.
Shaehl 6 months ago
@Shaehl well these so called evil governments are put there by the corporations at the top of the ''free market'' game, it's a natural result of such a fucked system. Your lawmakers are bought and paid because of money which brings us back to why it's the problem here, sorry. Anyway I hear one of the owners of facebook is buying an island to have no government and a free market, that should show us how foolish it is. watch?v=T0Ty9jFRtOw
eduardoobregon 6 months ago
@eduardoobregon If everyone cared about the earth, we would of converted all the deserts into solar farms with miles and miles of mirrors to generate endless power for decades with proper maintenance and care.
Its the only real practical solution, wind is not viable.... its just not cost effective and requires too much infrastructure, but a tower in the middle of a desert with mirrors? thats easy to build, theres no excuse really.
Dre4dwolf 9 months ago
@Dre4dwolf In the free market if a problem is not profitable it's not delt with, if it is, it's sustained. I'm not sure about the costs of wind energy but we would have to find out if the cost are relative to the actual resources being used. In any case I'm sure there's places where it is.
eduardoobregon 9 months ago
ye so true, we the people are onto it
bullsnutsoz 10 months ago
This is great!! It will surely wake a lot of people up! The free market is peaceful.
One thing, though: If you're a free-market fan, do you think justice, defense, and common law could be solved by the free market rather than a monopoly on these things called "government?"
I would love to hear your answer! Have an awesome day!
SanieClaws 1 year ago
Why do we need interest rates in the first place? If a loan is nothing more than a promise to pay you back, why should there be a price attached to that? If I want to purchase a car for 30k, why do I need to go through a middle man who I need to pay anywhere from 5-25% interest?
BlacksAreBeautiful 1 year ago
@BlacksAreBeautiful Well how about the fact that during the time that you loan the money, the person that is loaning you the money can't use it to make money in other kinds of trade on which he could be making a profit. This means that without an intrest rate he would lose money. Now why would anyone loan you money if it's going to cost them money.
Now if you want to buy something without having to pay intrest then i suggest saving your money until you can buy it without needing a loan.
Bule1976 1 year ago
The failure of socialism is lack of incentive and corruption. The failure of capitalism is greed and corruption which also results in lack of incentive. Why work hard when the free market is rigged by a bunch of criminals?
rockthecityatnight 1 year ago
Nice job, great video. Thank you.
I would love to see a video about your opinion of Ron Paul and the policies he defends.
truefictions 1 year ago 3
@truefictions Do a search for 'Ron Paul Mike Maloney' and you'll find a great clip from 2008 when Mike interviewed Ron Paul, it is EXCELLENT.
WealthCycles 1 year ago 9
You kick ass, that was an unbelievably great clip explaining in perfect english and context how our govt is fucking up the economy.
mmaaxx1198 1 year ago
Very clear language and message! Great work!!
aburgheim 1 year ago
Ron Paul 2012 knows more about the economy than any other candidate....
Must have a sound currency. Mike's the man!
Those that don't agree is great!!... Cause there has to be a poor class in the future.
JojozDad209 1 year ago
Wonderfully spoken...looks of great information and truth in here. Where is the Geithner and Bernake when you need them in on this conference?
AccuracyMarked 1 year ago
The free market is nothing more than economical egoism, or, if you will, barbarism. The economy should be harshly controlled by the government. Support of the free market equates to support of hitting people on the head with a crowbar.
FredericBayer 1 year ago
Let me correct you a bit: it does not matter that we use Fiat currency; what matters is WHO issues this money and HOW MUCH money is issued. That's it, no gold or silver are necessary to "back" the currency. Moreover, if we move back to the gold/silver paradigm, the gold/silver will end up in the hands of few. To better understand this, watch "Money As Debt - Part 2", or "The Secret Of Oz" - two excellent films that explain why "backing" money with metals is not the solution.
johnnyone9 1 year ago
Nice post - because it's the truth. Every human being, every adult individual, has the right to engage in peaceful, honest, voluntary activities in the marketplace. Those who call themselves government have no right to interfere in this. Government's only legitimate role is punishing those who initiate force, fraud or coercion.
WreakingHavoc1 1 year ago
"Government should be a referee and not a player"
Great quote!!
RebelRadius 1 year ago
Regulated is NOT "free".
Watch: "Money as Debt" here no YouTube!
yakyakyak69 1 year ago
We can never find justice at the hands of corrupt judges. (See youtube videos) Judge To Judge On Illegal_Payments To Judges---Evil Triangle of Court Corruption---Richard Fine---Dr shirley Moore---SBX 211. Now is the time to be heard. The fight to end this title wave of corruption in our country must start with the corrupt judges. Show your support now or wait untill your fate is at the hands of corrupt judges.
danielcooper1000 1 year ago
Hitler would have loved this guy. Neo Darwinism at it's best. The only way to have his system is to have fascism like China. This is because in democracy the people who want more will vote in governments to give them more.
movieklump 1 year ago
Music to my ears; my very soul shouts, "Exactly!"
nameofthepen 1 year ago
Yes, command interest rates are the camel's nose under the tent- but now the interest rate setters are well on their way to global hegemony. We have been playing checkers, they have been playing chess. Manufactured events make up a manufactured history of contrived crisis/renewal waves-the world command economy is going to be a starvation machine.
hozayamz 1 year ago
Have you ever read a book called "Web of Debt"? How about if money was backed by our Labour/energy. For example we have a community project like building a bridge or better roads and we issue money upon completion of these assets of the community. Is there anything wrong with that or is it wrong because gold or silver doesnt back up this money. Is this considered Fiat and if so is it a bad thing in this case?? Curious of your opinion. Are you a hard line Austrian School Advocate?
charronfamilyconnect 1 year ago
@charronfamilyconnect It is possible and it is better than gold based money. Government should print the money when people borrow. There may not be a need for interest. But interest is to be charged for this new money, it should be paid to the government. Government can print this interest portion ahead of time so that borrowers can earn it. Once paid back it can be destroyed. This way government won't tax others. In this system, people will borrow from other people and pay interest to them.
goody1boo 1 year ago
@silvercelli I agree. He tried to point out in another video how we, the ones that pay taxes to the IRS, are the producers that keep the system going. I disagree with that. Since the jobs have gone to China, how can we produce? All we do is sell what China produces. The US companies that outsource to China are the ones that make all the money, not us. True capitalism at work.
psxwarrior 1 year ago
This has been flagged as spam show
Ron Paul 2012
goldcurrent1 1 year ago 4
@goldcurrent1 never trust a mason
TurboGC8 1 year ago
@goldcurrent1 Ron Paul is a politician. Politician=player. He's no better than the rest of them.
Clear the house and start over. With some good respectful citizens. Who can't be corrupted.
I know, this sounds out of this world. Is that what this world has come to?
a2zhandi 1 year ago
I don't agree with Friedman on everything but he definitely seemed to know what he was talking about 99% of the time and that's enough for me to want to investigate just about everything that he had to say.
Thank you for this video :)
UserNumber112358 1 year ago
"Money ... is the nerve center of the economic system. If, therefore, the state is able to gain unquestioned control over the unit of all accounts, the state will then be in a position to dominate the entire economic system, and the whole society."
- Murray N. Rothbard
TimothyBragan 1 year ago