@FrankiePoker your complaining about anti-semetic propaganda, when the very machine your typing on, the very screen, the very chair, table, roof, floor.. the very food u consume, the very clothing u wear... is the principle idea of this film Money = debt.. oh btw, the financial crisis now, occured due to sovereign debt of 170% in Greece and so on, Japan has 250%, the interests of that debt is $10,000 per second, is that a lie, propaganda ? if so, moody is a idiot. ..
President Cristina Grappo U.S. Mint Signature Legacy Holds True 1st World American History Recognition @ The Pentagon CIA White House, Inside The Official United States Supreme Court, In Addition To Bank of America Capitol Hill, Establishing & Safeguarding The American Economy More Than #1 Heads of State Within The Globe In God We Trust!
Thank you for this video. That quote by Sir Joseph Stamp ought to be on billboards everywhere in the US. If you can raise money to do that, do it by all means. I would donate if you put up a donation box.
@jukuro9898 I, regretably, must agree...with so much fiat money in production coupled together with the extensive unemployment already in existance only spells the inevitable financial collapse of almost every single known financial institution...if not now, very soon. This was all foolhardy and the peoples of our world willingly and ignorantly saught to take a bite of the illusionary apple. We now pay the price....and, I think, the only way to go from here is a global Resource Based Economy...
This is better than Zeitgeist. Zeitgeist is nothing but raw conspiracy theories being sold to the public as Truth. The worst one of them all is the attack on Christianity. There is no correlation between Egyptian beliefs and Christianity!
@MONOPOLY35 Its off topic, but look up monotheistic sun worship of Pharaoh Akhenaten. Egypt had a 17 year run in Monotheism. That was about 200 years before the Moses story. Coincidence of time and place is too close to think that Judaism would not be affected by the Monotheism in Egypt. Christianity in the early years was also directly influenced various pagan cults and developed differently in different cities. The final version was constructed at Nicea in 323. That is 323 after the fact.
@MONOPOLY35 Of course Islam is an off-shoot from Christianity, so their version of history is even more distorted. Judaism, Christianity and Islam all have Abraham as the common father so they are all linked. Earliest Hebrew writings date to 800 BC. Moses and Pharaoh Akhenaten date back to 1500 BC. That means that the Hebrew scripts are out of date. The Egyptian hieroglyphs are a more accurate source of history.
Money itself isn't a problem, the question is, who is in control of it and what is it used for? That's why we need to institute a social credit policy to replace or augment commercial banking. Commercial banking needs to be regulated to facilitate a value adding incentive to society to favor productive domestic investment. Bring back Glass-Steagall!
excellent movie, we dont need money, to all the people who think we do, what will you do when all resources are plundered an sold, all species extinct, trees are ash, all that will be left will be people an there money... we need to go back to basics... and we will one way or another...
Thanks for posting. It is a very accurate and good explanation of how modern monetary systems work. I agree with everything, except the conclusion that it is a bad thing. As you correctly mentioned, a gold or silver based system can be cornered and manipulated. The current system allows for continued growth and naturally limits inflation because at no given time is there enough money to actually pay the outstanding interest + principle.
@tsafa1 You can limit inflation by limiting the new debt at any time. Of course this leads to recession. That is the part that people do not understand. Recession is NOT the the problem... it is the cure. The only flaw in this system is that govt can borrow as much money as it wants without collateral. Govt does not every really have to pay back anything. They can just borrow to pay back the interest indefinitely. A balanced budget law would correct this.
@tsafa1 An important consideration is that the end goal of an economy is not to support its currency. The currency is just a tool to facilitate growth and prosperity. This requires people working and being productive. A person that buys a house with a 30 year mortgage is now committed to the rat-wheel for the next 30 years. I on the other hand saved up an bought my house for cash. I only work part time now. That is good for me personally, but bad for the economy overall.
You most be a day trader or a bank owner. borrow to pay back interest which increase principle+interest=debt. as a person i cant do that so why should a govt do it. also if you default on a loan and not pay it back then the loaner can come collect collateral put up for the loan. you cant burn both ends of the candle stick.
@Relaxed1ne No I'm just an accountant. I study how systems work in order to beat them. Same mentality as a thief. I saved up for about 10 years before I bought my house. That is the choice... save for 10 years and buy a house for cash... or borrow the money from the bank and work for 30 years. If you do it my way and save for the first 10 years to buy a house, the next 20 years is easy saving and investing. If you borrow, you will only have a broken old house at the end of 30 years.
lol fucking retards!!! money is freedom. I made $15,000 with my Internet business, and the money o made gave me the freedom to visit Paris and buy nice clothes, lack of money is slavary, i love money, I always figure out how to make it and the people who claim to hate money are all fucking retards a slave to an outdated ideology !!!!!! :)
@sexlessparents your typical of a person that cant see past your little bubble of illusion...all, people like you need, is your fun and toys... its people like you that the beast wants...thoughtless, content slaves...the beast will take care of you, but it will attack people like us, who care about the loss of freedom..why do you think they make gun laws? its because they want to win the fight that is to come, when they decide to deal with the problem americans that dont go along...youll be safe
@longfootbuddy really all socialists are mentally ill, they always think somebody is after them. i can begin to understand your fucked up way of thinking, i am just going to live my life, meet some girls, make some money. whatever haha u have a nice day and chill the eff out please
This video is just what I was looking for. It draws together all the essential points about the concept of money and its functions. I've been struggling to understand the shift from value to debt and back again, but this video has just summed it up in a matter of an hour. Thanks for sharing it.
The problem with the banks is that they are lending to those who can't pay it back, there is nothing wrong with creating more money! (what's wrong with having more money?) inflation, more money creates inflation, but wages go up as well, inflation in itself is not a bad thing either. Why would you lend money without a deposit is what's appaling, that's what's wrong. Without loans businesses wouldn't be able to finance expansion, simple as that, is the government going to lend? No then who? lol
His whole argument is based on the fact that the banks can create an unlimited amount of lending money. That is not true, has anyone every asked where the banks hold thier money? Well they bank with the federal reserve which itself has an interest rate that it passes on to the bank; just like any one of the depositors. If the federal reserve want's the banks to stop lending money it will just raise it's own interest rates, what's the problem?
The federal reserve bank raises the interest rate that the banks use to bank with the federal reserve. It become more costily for the banks to borrow from the federal reserve thus they can't lend it to the customers, simple as that. If the interest rate is 8% I'm going to think twice before borrowing, the Government prints billions of dollars as well into the society, which creates inflation but wages rise as well, only when you start lending without a deposit is when things break down!
The federal reserve bank raises the interest rate that the banks use to bank with the federal reserve. It become more costily for the banks to borrow from the federal reserve thus they can't lend it to the customers, simple as that. If the interest rate is 8% I'm going to think twice before borrowing, the Government prints billions of dollars as well into the society, which creates inflation but wages rise as well, only when you start lending without a deposit is when things break down!
The federal reserve bank raises the interest rate that the banks use to bank with the federal reserve. It become more costily for the banks to borrow from the federal reserve thus they can't lend it to the customers, simple as that. If the interest rate is 8% I'm going to think twice before borrowing, the Government prints billions of dollars as well into the society, which creates inflation but wages rise as well, only when you start lending without a deposit is when things break down!
Economic Dictatorship as long as entire society remains utterly reliant on bank credit bankers will be in the position to say who gets the money and who doesnt.
Very clever indoctination towards Statistism (read socialism). Proportedly we should let the government control the economy because they are always good and look out for the average person. BULLSHIT! Next it states that democracy is just a surreptitious form of dictatorship. CRAP! Lots of info is being ignored here - don't be conned! Do more research.
@BrandonMacfarlaneTV it's not bullshit, do some research and alleviate your ignorance before your spread it to others. Then again asking you to find the truth on this matter would require you accept the fact that you don't know, which I can tell is a challenge. The biggest problem for a society is not what we don't know, but what we think we know for certain, that just isn't so.
Clap, clap, never expected to find this. My interest in economics is peaked, Thanks for the upload.
kinkykane0607 5 months ago
i loved this documentary, thank you for posting it
8moem 6 months ago
I really wish non of this stuff had anti semetic propoganda in it. It undermines the technical message which is very valuable.
FrankiePoker 6 months ago
@FrankiePoker your complaining about anti-semetic propaganda, when the very machine your typing on, the very screen, the very chair, table, roof, floor.. the very food u consume, the very clothing u wear... is the principle idea of this film Money = debt.. oh btw, the financial crisis now, occured due to sovereign debt of 170% in Greece and so on, Japan has 250%, the interests of that debt is $10,000 per second, is that a lie, propaganda ? if so, moody is a idiot. ..
teddythebenny 6 months ago
This has been flagged as spam show
President Cristina Grappo U.S. Mint Signature Legacy Holds True 1st World American History Recognition @ The Pentagon CIA White House, Inside The Official United States Supreme Court, In Addition To Bank of America Capitol Hill, Establishing & Safeguarding The American Economy More Than #1 Heads of State Within The Globe In God We Trust!
PRSDNTCRISTINAGRAPPO 8 months ago
Thank you for this video. That quote by Sir Joseph Stamp ought to be on billboards everywhere in the US. If you can raise money to do that, do it by all means. I would donate if you put up a donation box.
piax00 9 months ago
its too late now, most people in the world are BLIND, blinded by their government and what they call money.
too late now, so many people....so many
something big is coming...be ready
jukuro9898 11 months ago
@jukuro9898 I, regretably, must agree...with so much fiat money in production coupled together with the extensive unemployment already in existance only spells the inevitable financial collapse of almost every single known financial institution...if not now, very soon. This was all foolhardy and the peoples of our world willingly and ignorantly saught to take a bite of the illusionary apple. We now pay the price....and, I think, the only way to go from here is a global Resource Based Economy...
mdlittle5466 10 months ago
If there was no money, nobody would be poor.
phattyBANGAbeats69 1 year ago
This is better than Zeitgeist. Zeitgeist is nothing but raw conspiracy theories being sold to the public as Truth. The worst one of them all is the attack on Christianity. There is no correlation between Egyptian beliefs and Christianity!
MONOPOLY35 1 year ago
@MONOPOLY35 Its off topic, but look up monotheistic sun worship of Pharaoh Akhenaten. Egypt had a 17 year run in Monotheism. That was about 200 years before the Moses story. Coincidence of time and place is too close to think that Judaism would not be affected by the Monotheism in Egypt. Christianity in the early years was also directly influenced various pagan cults and developed differently in different cities. The final version was constructed at Nicea in 323. That is 323 after the fact.
tsafa1 1 year ago
@MONOPOLY35 Of course Islam is an off-shoot from Christianity, so their version of history is even more distorted. Judaism, Christianity and Islam all have Abraham as the common father so they are all linked. Earliest Hebrew writings date to 800 BC. Moses and Pharaoh Akhenaten date back to 1500 BC. That means that the Hebrew scripts are out of date. The Egyptian hieroglyphs are a more accurate source of history.
tsafa1 1 year ago
Money itself isn't a problem, the question is, who is in control of it and what is it used for? That's why we need to institute a social credit policy to replace or augment commercial banking. Commercial banking needs to be regulated to facilitate a value adding incentive to society to favor productive domestic investment. Bring back Glass-Steagall!
TheJoker7682 1 year ago
excellent movie, we dont need money, to all the people who think we do, what will you do when all resources are plundered an sold, all species extinct, trees are ash, all that will be left will be people an there money... we need to go back to basics... and we will one way or another...
airanwater01 1 year ago
Very interesting. At the beginning, there was cheating.
foketesz 1 year ago
characters in video need bigger noses.
MANPORT555 1 year ago 2
Thanks for posting. It is a very accurate and good explanation of how modern monetary systems work. I agree with everything, except the conclusion that it is a bad thing. As you correctly mentioned, a gold or silver based system can be cornered and manipulated. The current system allows for continued growth and naturally limits inflation because at no given time is there enough money to actually pay the outstanding interest + principle.
tsafa1 1 year ago
This has been flagged as spam show
@tsafa1 You can limit inflation by limiting the new debt at any time. Of course this leads to recession. That is the part that people do not understand. Recession is NOT the the problem... it is the cure. The only flaw in this system is that govt can borrow as much money as it wants without collateral. Govt does not every really have to pay back anything. They can just borrow to pay back the interest indefinitely. A balanced budget law would correct this.
tsafa1 1 year ago
@tsafa1 An important consideration is that the end goal of an economy is not to support its currency. The currency is just a tool to facilitate growth and prosperity. This requires people working and being productive. A person that buys a house with a 30 year mortgage is now committed to the rat-wheel for the next 30 years. I on the other hand saved up an bought my house for cash. I only work part time now. That is good for me personally, but bad for the economy overall.
tsafa1 1 year ago
@tsafa1
You most be a day trader or a bank owner. borrow to pay back interest which increase principle+interest=debt. as a person i cant do that so why should a govt do it. also if you default on a loan and not pay it back then the loaner can come collect collateral put up for the loan. you cant burn both ends of the candle stick.
Relaxed1ne 1 year ago
@Relaxed1ne No I'm just an accountant. I study how systems work in order to beat them. Same mentality as a thief. I saved up for about 10 years before I bought my house. That is the choice... save for 10 years and buy a house for cash... or borrow the money from the bank and work for 30 years. If you do it my way and save for the first 10 years to buy a house, the next 20 years is easy saving and investing. If you borrow, you will only have a broken old house at the end of 30 years.
tsafa1 1 year ago
@tsafa1
ok. i bought my house on court house steps for tax debt. quick and easy. debt is no good.
Relaxed1ne 1 year ago
lol fucking retards!!! money is freedom. I made $15,000 with my Internet business, and the money o made gave me the freedom to visit Paris and buy nice clothes, lack of money is slavary, i love money, I always figure out how to make it and the people who claim to hate money are all fucking retards a slave to an outdated ideology !!!!!! :)
sexlessparents 1 year ago
@sexlessparents your typical of a person that cant see past your little bubble of illusion...all, people like you need, is your fun and toys... its people like you that the beast wants...thoughtless, content slaves...the beast will take care of you, but it will attack people like us, who care about the loss of freedom..why do you think they make gun laws? its because they want to win the fight that is to come, when they decide to deal with the problem americans that dont go along...youll be safe
longfootbuddy 1 year ago
@longfootbuddy really all socialists are mentally ill, they always think somebody is after them. i can begin to understand your fucked up way of thinking, i am just going to live my life, meet some girls, make some money. whatever haha u have a nice day and chill the eff out please
sexlessparents 1 year ago
@sexlessparents ok cool guy
longfootbuddy 1 year ago
This video is just what I was looking for. It draws together all the essential points about the concept of money and its functions. I've been struggling to understand the shift from value to debt and back again, but this video has just summed it up in a matter of an hour. Thanks for sharing it.
lafloret 1 year ago
thanks for the college course that great university called life
lahism7 1 year ago
Great videos!
W0NDIN 1 year ago
The problem with the banks is that they are lending to those who can't pay it back, there is nothing wrong with creating more money! (what's wrong with having more money?) inflation, more money creates inflation, but wages go up as well, inflation in itself is not a bad thing either. Why would you lend money without a deposit is what's appaling, that's what's wrong. Without loans businesses wouldn't be able to finance expansion, simple as that, is the government going to lend? No then who? lol
Shapkin1502 1 year ago
His whole argument is based on the fact that the banks can create an unlimited amount of lending money. That is not true, has anyone every asked where the banks hold thier money? Well they bank with the federal reserve which itself has an interest rate that it passes on to the bank; just like any one of the depositors. If the federal reserve want's the banks to stop lending money it will just raise it's own interest rates, what's the problem?
Shapkin1502 1 year ago
This has been flagged as spam show
The federal reserve bank raises the interest rate that the banks use to bank with the federal reserve. It become more costily for the banks to borrow from the federal reserve thus they can't lend it to the customers, simple as that. If the interest rate is 8% I'm going to think twice before borrowing, the Government prints billions of dollars as well into the society, which creates inflation but wages rise as well, only when you start lending without a deposit is when things break down!
Shapkin1502 1 year ago
The federal reserve bank raises the interest rate that the banks use to bank with the federal reserve. It become more costily for the banks to borrow from the federal reserve thus they can't lend it to the customers, simple as that. If the interest rate is 8% I'm going to think twice before borrowing, the Government prints billions of dollars as well into the society, which creates inflation but wages rise as well, only when you start lending without a deposit is when things break down!
Shapkin1502 1 year ago
The federal reserve bank raises the interest rate that the banks use to bank with the federal reserve. It become more costily for the banks to borrow from the federal reserve thus they can't lend it to the customers, simple as that. If the interest rate is 8% I'm going to think twice before borrowing, the Government prints billions of dollars as well into the society, which creates inflation but wages rise as well, only when you start lending without a deposit is when things break down!
Shapkin1502 1 year ago
You know people who hated bankers were once called nazis...
saftydance2 1 year ago
Economic Dictatorship as long as entire society remains utterly reliant on bank credit bankers will be in the position to say who gets the money and who doesnt.
serpentscientist 1 year ago
Very clever indoctination towards Statistism (read socialism). Proportedly we should let the government control the economy because they are always good and look out for the average person. BULLSHIT! Next it states that democracy is just a surreptitious form of dictatorship. CRAP! Lots of info is being ignored here - don't be conned! Do more research.
beyo5 1 year ago
This has been flagged as spam show
dont support it..so much of it is bullshit go to my channel to see why
GOD BLESS U ALL
BrandonMacfarlaneTV 2 years ago
will you fuck off BrandonMacdickTV? You've commented on every video of this. we get your point, we just don't agree with it.
Sixu83 2 years ago 8
@BrandonMacfarlaneTV it's not bullshit, do some research and alleviate your ignorance before your spread it to others. Then again asking you to find the truth on this matter would require you accept the fact that you don't know, which I can tell is a challenge. The biggest problem for a society is not what we don't know, but what we think we know for certain, that just isn't so.
StoyanK2 1 year ago
support Zeitgeist ;)
akuukis 2 years ago 2
You did a good thing posting this video.
omgkatkat 2 years ago 29