Still's new vid Secret of Oz corrects some fundamental issues that were part of Money Masters. They should be viewed as completely separate works IMO.
Yes I completely agree. I think the solution would also have to include ridding the system from the welfare state programs and world police foreign policy.
The problem is the state and banksters would never allow such a radical change.Secondly the CHINESE will be pissed off because the dollar bonds they havekeeping America alive economicly as a bankrupt if they called in even have of the trillilions they owe them. Would want a lot of American real estate to cover the debts. Anyway America is a fucked TITANIC that will take the rest of us down with it. This will be when not if,
The problem is the state and banksters would never allow such a radical change.Secondly the CHINESE will be pissed off because the dollar bonds they havekeeping America alive economicly as a bankrupt if they called in even have of the trillilions they owe them. Would want a lot of American real estate to cover the debts. Anyway America is a fucked TITANIC that will take the rest of us down with it. This will be when not if . THE SO CALLED reserves will never cover the
@nbm34 - This will not stop the treasury from honoring the debt (trade deficits) that we have, whomever we have them with. In fact, at this points....tariffs would be implemented. In fact this is the largest exporters fears, that the U.S. will implement tariffs...it will raise the value of their currencies on the market and make exporting much more expensive. Debt free money is the only way to stop paying interest (surcharge) on the creation and usage of currency. Until we do this........
expect more debt. An iron clad amendment to the constitution requiring a balanced budget, or even locked down campaign finance reform via constitutional amendment won't solve our political-societal problems. The private central banks are in control of the quantity of the money supply and can by law, do as they like with it, and this is the root of all the nations financial woes. The M0, M1, M2, MZM statistical money aggregates show this as well, as if quantitative easing......
wasn't enough to prove who truly controls the money supply: the Bank of International Settlements and all the Central Banks control it. Period. Argue this all you like, but all our treasury does is stamp coins, nothing else. But, also know this, coinage is debt free. This is they only function of a treasury...DEBT FREE money production, and it always will be. The purpose, to allow money to be a servant, not a master.
@cilcannonvryce With respect you are still in the dinasaur age of money. In FACT MONEY has now escaped the means of production and now exists as a entity beyond its original function from the industrial revolutions. We are in a post industrial age of peak oil and technological unemployment, and growing populations. These three main mega political dynamics. MEAN THIS IS THE END OF MONEY AND CAPITALISM as you know it,
We will be writing our own scripts soon in self survival co-ops.
@nbm34 You might be right about that. There is the Ithaca HOURS, and a few other local currencies. I am writing about this in my book. I interviewed the creator of the Ithaca local currency Paul Glover....
Anyway. Dinosaur age. Hmm. No. The treasury mints coin and still produced U.S. notes at scheduled intervals. So how am I in the dinosaur age? But I understand your position about it being outmoded, the system that is. Bill Still and debt free money people like me are your friends. :)
"MEAN THIS IS THE END OF MONEY AND CAPITALISM as you know it,"
I hope this is the end of anarcho-capitalism. There is a fine line between anarchy and liberty. Article 1 Section 8 is very clear about Congress duty to 'coin' or 'create' money. This means by whatever decree, or fiat necessary, and then regulate it appropriately. And if what you say is true about money....I would certainly need an answer to why the BEP prints FRN's for the Federal Reserve every minute of everyday.
I completely agree with you.
debtcc 1 month ago
Still's new vid Secret of Oz corrects some fundamental issues that were part of Money Masters. They should be viewed as completely separate works IMO.
etzel33 10 months ago
The government will screw it up somehow. Look at their track record. They are good at one thing. Hiding the truth.
DrReaper 1 year ago
interesting... tell me what you think about this vid about debt-free money please
watch?v=nNumEm2NzQA
btw what is the AMI stance on reserve requirements?
alby711 2 years ago
My apologies.
I missed your comment.
Totally agree with those MoneyMasters guys.
Except for the pen.
That drives me crazy.
ALL banks would operate on a full-reserve basis.
What do you think?
Thanks.
joebhed 2 years ago
@joebhed I watched The Money Masters nearly two years ago and that pen still haunts me.
The Monetary Systems needs to change world wide (although if the US changed it would probably have a domino effect).
anyway great vids keep up the good work el.
elstonieo 2 years ago
Yes I completely agree. I think the solution would also have to include ridding the system from the welfare state programs and world police foreign policy.
alby711 2 years ago
@joebhed
I agree
Money should based on Demurrge (Like worgl) , a holding tax for Money. Problem is people forget the purpose of money , a medium of exchange.
shrit110 5 months ago
The problem is the state and banksters would never allow such a radical change.Secondly the CHINESE will be pissed off because the dollar bonds they havekeeping America alive economicly as a bankrupt if they called in even have of the trillilions they owe them. Would want a lot of American real estate to cover the debts. Anyway America is a fucked TITANIC that will take the rest of us down with it. This will be when not if,
nbm34 1 year ago
The problem is the state and banksters would never allow such a radical change.Secondly the CHINESE will be pissed off because the dollar bonds they havekeeping America alive economicly as a bankrupt if they called in even have of the trillilions they owe them. Would want a lot of American real estate to cover the debts. Anyway America is a fucked TITANIC that will take the rest of us down with it. This will be when not if . THE SO CALLED reserves will never cover the
shit when it hits the fan.
nbm34 1 year ago
@nbm34 - This will not stop the treasury from honoring the debt (trade deficits) that we have, whomever we have them with. In fact, at this points....tariffs would be implemented. In fact this is the largest exporters fears, that the U.S. will implement tariffs...it will raise the value of their currencies on the market and make exporting much more expensive. Debt free money is the only way to stop paying interest (surcharge) on the creation and usage of currency. Until we do this........
cilcannonvryce 4 months ago
expect more debt. An iron clad amendment to the constitution requiring a balanced budget, or even locked down campaign finance reform via constitutional amendment won't solve our political-societal problems. The private central banks are in control of the quantity of the money supply and can by law, do as they like with it, and this is the root of all the nations financial woes. The M0, M1, M2, MZM statistical money aggregates show this as well, as if quantitative easing......
cilcannonvryce 4 months ago
wasn't enough to prove who truly controls the money supply: the Bank of International Settlements and all the Central Banks control it. Period. Argue this all you like, but all our treasury does is stamp coins, nothing else. But, also know this, coinage is debt free. This is they only function of a treasury...DEBT FREE money production, and it always will be. The purpose, to allow money to be a servant, not a master.
cilcannonvryce 4 months ago
@cilcannonvryce With respect you are still in the dinasaur age of money. In FACT MONEY has now escaped the means of production and now exists as a entity beyond its original function from the industrial revolutions. We are in a post industrial age of peak oil and technological unemployment, and growing populations. These three main mega political dynamics. MEAN THIS IS THE END OF MONEY AND CAPITALISM as you know it,
We will be writing our own scripts soon in self survival co-ops.
nbm34 1 month ago
@nbm34 You might be right about that. There is the Ithaca HOURS, and a few other local currencies. I am writing about this in my book. I interviewed the creator of the Ithaca local currency Paul Glover....
Anyway. Dinosaur age. Hmm. No. The treasury mints coin and still produced U.S. notes at scheduled intervals. So how am I in the dinosaur age? But I understand your position about it being outmoded, the system that is. Bill Still and debt free money people like me are your friends. :)
cilcannonvryce 1 month ago
This has been flagged as spam show
"MEAN THIS IS THE END OF MONEY AND CAPITALISM as you know it,"
I hope this is the end of anarcho-capitalism. There is a fine line between anarchy and liberty. Article 1 Section 8 is very clear about Congress duty to 'coin' or 'create' money. This means by whatever decree, or fiat necessary, and then regulate it appropriately. And if what you say is true about money....I would certainly need an answer to why the BEP prints FRN's for the Federal Reserve every minute of everyday.
cilcannonvryce 1 month ago