It's truly insane! Goldman Sachs, continually receiving more un-collateralized fiat money, are the principle financiers of both Romney's AND Obama's campaigns. Both leading candidates for the Presidency are financed by the very banks being bailed out, at the people's expense.
One thing is for sure, whether or not Obama or Romney wins, they won't do a thing to stop this fraud and rape of the average saver, retiree, and all who live on fixed incomes. So, why are they front runners????
@Daydream2142 LOL, same thing I said, just finished watching it (Wed Feb, 8, 2012, 12:20P EST)....had to make the Like Button take it deep on this one ;)
The EU has one currancy but not one goverment it are all goverments with a supreme co-operating goverment now that the EU hade its first crisis in this co-operating system problems surfaced the biggest one is that we have the commen currancy but not a commen treasurary or absolute Goverment now we hade to create an artificial treassurary all the crisis did was bring the EU closer together economically and sytimatically it is just a grow pain ofcours the people are stil devidid united in difrance
dear friends, I fully agree with you, because it is more acceptable in 2012 that capitalism like communism are no longer able to give us some answers, as it is unacceptable that those who have a lot of money to the Caymans or Switzerland HELPED to governments and is so many peopl who would be president of any country in the world: the rich produce nothing but money for themselves! VIVA FOREVER AND DEFEND THE IDEAS OF THE PEOPLE, JESUS WAS BORN IN A STABLE (W ZUCCOTTI PARK)ciao
@optionsupdate: What? Gold or paper as reserve to back up the dollar? Pleeease, gold and paper are soooo 20th century. The banksters now uses high-tech "virtual gold": digits on computer screens! That's right. Digital gold is weightless, easy to transfer and store, and the banksters can churn out an infinite number (QE1, QE2, ad nauseum). Since it's not real, the only thing backing it up is our ignorance and stupidity.
RP never said paper money was bad, only if NOT BACKED UP BY REAL MONEY, which is what makes the paper real money...I wish people would listen to him instead of cherry picking partial comments dang.
@preparadox: Bill took issue with RP saying that only silver and gold can be money. Bill doesn't agree with that and goes on to say why. There was no mention of RP saying "paper money was bad".
Bill Still is awesome. As much as I like Paul, I think Still is smarter on monetary history and systems in general. We need to move forward. I do not believe a return to the Gold Standard would fix the USA or the world. Lincoln saved the union with debt-free Greenbacks and was assassinated for it.
"Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it becomes, marked: 'Account overdrawn.'"
private central bank vs public central bank = a false argument pushed by Bill Still the masonic shill. The REAL problem is FIAT money
"...when you see that in order to produce, you need to obtain permission from men who produce nothing – when you see that money is flowing to those who deal, not in goods, but in favors – when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you – when you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed."
While entertaining, this bank restructuring discussion ignores the other elephant in the room; government deficit spending. You can not fix one without fixing the other.
Still wants the government to issue money at will and have no interests to pay which opens the door to awful hyper inflation. To which he'll reply "the government needs only to control the quantity". When confronted with the fact that government never acts the way people planned to, he will simply repeat the same but with a psychotic tone.
@StrafingMoose and why would the government risk losing their popularity by doing something like cause hyperinflation? With no private central bank holding a gun to their head, they have much more freedom on decisions like that.
@pigeonpsycho Actually, the one holding the gun is the government. This is what lobbyists buy: the use of the gun. And why would they cause hyperinflation ? Because they mostly are clueless nitwits wiki.mises.org/wiki/Inflation_in_the_Weimar_Republic
...This Covenant says that the person accepting the Bribe to carry out whatever unscrupulous, immoral, or tyrannical act, will be protected by the network of moneychangers and others who have also entered into the same COVENANT. There are penalties associated with the Covenant. There are elected officials, judges, business people, academics/scholars, scientists, union bosses, and others who have all agreed through COVENANT to carry out the moneychangers' plans to centralize power. ...
I also want to state, that the moneychangers could only be successful in accomplishing their control over these institutions by preying on the lust that men (and women) have for power and gain. They do this through the following:
1.) Bribary
2.) Covet-means
For those unscrupulous and immoral enough to take advantage of by Bribary, they pay people off in one form or another. For those smart enough to demand protection in taking a bribe, they offer protection through making a COVENANT...
...6.) It is the RESPONSIBILITY of the People to monitor and verify that their elected representatives: a.) DO NOT ENACT POLICY that is outside the powers that are "few and defined", and b.) overstep the Rights that the People loaned to them.
I would enjoy any comments concerning this information
...(correction/addition to #5)... the Government did NOT have the Right given it by the People to turn the power to create and govern the money supply OVER TO A PRIVATE "FOR PROFIT" ENTITY...
3.) That they LOAN their Rights to the Government
4.) Whatever Rights the Government takes upon itself above and beyond the Rights that the People have to LOAN the Government, is TYRANNY
5.) Recognizing that the Government did NOT have the Right given it by the People to turn the power to create and govern the money supply, nor did the People have the Right to do that in the first place. THIS WAS AN ACT OF TYRANNY!!!...
...They moneychangers have secured for themselves the media so they control the information that the People see. They have successfully rewritten history (especially American History and polluted the character of our Founders) through the purchase and control of scholastic/academic publishing and training. This is an incredible feat! HOW HAVE THEY DONE IT ON A GLOBAL SCALE?!!
It's simple... the People did not take the responsibility of educating themselves on:
...it was the People's elected Representatives that gave power to the Private MoneyChangers - is it not? What did the People done to stop it? Nothing... and why did they not stop it? At least TWO REASONS:
1.) They were ignorant of sound money policy - and -
2.) They did not accept their responsibility to monitor the policies and actions of their government.
WHO'S FAULT IS THAT? Is it the fault of the moneychangers? NO!! It is the PEOPLE'S FAULT. Consider the following...
...THAT THEY ALL COULD UNDERSTAND! Remember that the responsibilities of the Federal Government are "Few and DEFINED".
I believe our biggest problem concerning our Monetary System is the fact that the masses of the People DO NOT UNDERSTAND SOUND MONETARY POLICY. The hard cold fact, is that the People of the United States HAVE LET THIS HAPPEN. In a FREE society it is the People's responsibility to monitor the policies put forth by our Government. In the case of Private Central Banks...
Could there be another answer? There are some compelling arguments here. I believe that there's one crucial argument that has been left out.
Remember, that the decentralization of power during the rule of the Articles of Confederation left the country in near ruin. We couldn't defend ourselves, nor could we maintain economic stability. This problem was not ONLY due to the Bankers. It was also due to the fact that the People didn't have a defined and agreed upon system of monetary policy...
@georgemargaris Still doesnt understand the fundamental problem. concentrated power leads to corruption, always, always has, always will.
Paul recognizes this as did the founding fathers. solution is to decentralisation of power, as much as possible. the only way to fight tyranny is too put the power in the hands of as many people as possible. spread it out.
I like Still but i think is missing the final piece of the puzzle, he doesn't recognise that concentrated power leads to tyranny
@neuronaut23 there is no left and right there is only freedom. u can use that sound bite if u want
max thinks big gov has the answer, so he wants to hand control from the mega banks back to the mega government, people in both, same problems with both.
freedom is the only answer and max and paul want that. methods differ, keiser will change his mind i think
The government already does creat money, via the FED ("wmh1982"). You'd rather have the banks control money, than a peoples govrnmnt?
Debt-free govrnmnt controlled money will put the scumbag polititians back working for us, rather than the priesthood of debt-based money. Take the banks out of the money creation process, & you destroy thier web of debt that is killing our planet. The Constitution must be a amended to OUTLAW govrnmnt barrowing.
Ron Paul wont talk to him. Bill Still already told that story. Paul believes in gold backed money, not debt-free, backed by the good faith of government money.
@conan0869 Paul has a point, gov controlled money has been tried since 1971. Tying money something physical is the only way banks can be kept in check.
The American government has'nt printed it's own money supply since the Federal Reserve Act was passed in 1913. It's fine to have silver & gold back some of the money supply, ( it doesnt matter what backs it really)but the government must be forbidden to barrow. That would take the banks out of government & return it to the people, where it is supposed to be. Lincoln won the Civil War without barrowing 1 cent from the banks. He used debt-free government printed Greenbacks.
@conan0869 yeah I was implying the gov was in bed with the banks/federal reserve. about the gov, yeah okay, forbid them from lending the taxes they take in should be more than adequate 4 what they do. i like Still but i think he is flawed. gov has had control of a portion of the money supply ie borrowing since 4ever & it still manages 2 screw up so i think he is wrong here. he says gold can be manipulated, i disagree, someone wants to cash in their note and the bank says no, game over 4 bank
@independence4wales I agree with you about gold. An ounce of gold bought a beautiful suit 100 yrs. ago, just like it does today. Whatever happens with monetary reform, (if anything), I think has to happen on a state & maybe even county level. These big banks are just to entreanched @ the federal level. No.Dakota found thier way around it a long time ago without printing its own money supply.The interest the N.Dakota State bank charges on loans is thier main source of revenue.
@wmh1982 i agree, Still wants to remove power over the currency from one group of people in banking and put it in the hands of another group of people in government. the issue will be same. put the power in the hands of as many people as possible, its the only way.
The world economy is doomed to spiral downwards until we do 2 things: outlaw government borrowing; 2. outlaw fractional reserve lending. Banks should only be allowed to lend out money they actually have and nations do not have to run up a "National Debt". Remember: It's not what backs the money, it's who controls its quantity.
Still and Ellen Brown are MMT (chartalism) fanatics. The last thing I want is Congress printing money at whim. Continentals and Greenbacks both hyperinflation episodes. Commodity based money (ex. precious metals) force discipline. I agree with the fraud of fractional reserve lending. BTW R. Paul wants choice in currency thereby Gresham's Law will prevail.
The whole video clip is excellent, though I particularly appreciate what Bill Still says. Still, the whole is definitely appreciable.
And as some people already posted, it'ld be great to have someone like Bill Still running for the US presidency. Bill Still and Ralph Nader, if Ralph is not running with his last running mate for VP anyway. But even if either of them ran for the presidency in 2012, then I doubt that enough citizens have woken up enough to vote for a third party.
@chorakemotorcycles "Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values." (think Federal Reserve Act -1913)
@c....s "Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it becomes, marked: 'Account overdrawn.'"
private central bank vs public central bank = a false argument pushed by Bill Still the masonic shill.
@TheHorsenation if someone has made a decision without logic, it makes it very difficult to change their mind with logic re Still. Still's idea is the same as the idea of the federal reserve ie concentrating the power of issuing currency to a few people. that will always lead to corruption. gold standard is the only way to eliminate corrruption in the money supply. have a platinum supply if you want but money has to be tied to something finite and physical. its not rocket science.
not quite. Still's idea could and should be executed like creating a new force ie. executive, legislative, judicative and monetative. monetative should be implememnted transparently.
if you have a gold standard - but the country has no gold - how to you make a currency??? get in debt bying up gold or steal it from the private people with confiscation??? you see gold standard is ridiculous, also the gold market can be controlled by the bankers - as it was in the past.
The continuing turmoil on the markets, and inability of Irish and European government austerity measures to deal with the crisis shows the utter futility of the present course of action and mindset. The proposals below are practical and innovative and would remove the private banking debt burden off the backs of Irish taxpayers and the unemployed and disabled and onto the backs of the private bankers and central bankers. You can view the alternative proposals at goodwillbank (dot com)
@TitusTheMaximus Karl Menger helped develop the law of marginal utility and the subjective theory of value. The advocacy for sound money predated that. The Austrian school is just an extension of the classical school.
Hitler had a way of dealing with parasites like Bernanke...and it worked: Germany became the most productive nation on earth in the 1930s....in terms of DOMESTIC PEACETIME goods.
You have to have at least partially backed money or else the politicians will still steal your money through inflation and give it to their buddies to pay for boondoggles. Politicians are all corrupt , if you gave them the printing press it wouldn't change much.
Thats why they went to rape and occupy Libya with their love partner-Al Qaeda,Gaddafi had ZERO debt,and his plan for the Gold Dinar was a death knell to the bastard immoral financial Oligarchs-
Lol, the jailing of the Amish is actually a legal oxymoron.
I do hope Cameron is listening to this, it is all about who controls the money. Tax's & benefits should also be decentralized & made local, local communities would a) be more efficient & answerable & b) know local needs better thereby avoiding blanket cuts to services which were a contributing factor to the riots & the levels of poverty & in the UK. Everything needs to be taken down by more than a few notches to find solutions.
Obama is such a cool nice guy. Listen to the jackas* Obitc* say: "I shall damn you" in reverse speech. Forward speech he states "we make things happen".
@juujuuuujj We lost our way through easy living, apathy and greed. The banks took advantage of this by cultivating, selling and promoting irresponsible monetary policy, to both, the government and the people. But elastic bands will only stretch so far. We have now spawned a genie so devastating, so overpowering and immoral we cannot hope to return it to its bottle, and yet, even now, we continue to feed it.
I've been following Bill Still for some time now. I was wondering when Max was going to have him on the show. Bill is not a gold std supporter, he's an Anti-Fed, Pro debt free money issue. He advocates that money should be a debt free utility used by the people to transact business, not created by banks to speculate and leverage the market until it's virtually worthless. Like a computer needs a firewall, the people and their money need to be insulated from the chaos of the speculating banks.
@cobra60six Fiat currency is debt-free, but it can only be imposed with legal tender laws. Fiat currencies always collapse. The average life-expectancy of a fiat currency is 27-years. A medium of exchange and storehouse of value can't be intrinsically worthless.
It's not a gold standard that Ron Paul is after. He wants to legalize the Constittuion for a change by allowing private mintage. Money is a product. They is no reason that the state should have a monopoly.
I think Adoboli is a patsy. I work at a convenience store and there is no way the company would be blind sighted if I stole as little as $200, no matter how cleverly I attempted. How am I to believe that one trader can steal billions from a bank through trades without the bank getting smart to it much earlier. I don't buy it at all.
@joshtheobjectivist Your dead right, it's a charade and they're all in on it. Adoboli just happened to be the one they nominated to take the fall when it all went to shit. In fact Adoboli is probably the least guilty.
@DickOPlenty Yes, but that is referring to a prohibition on the states. They'll throw that back at you. It's better to point out that the term "dollar" was mentioned twice in original Constitution. The term "dollar" was a weight of silver (3711/4) grains.
Also, Article I, Section 8 gives Congress power to "COIN money..." , not print paper. It also refers to standards of "Weights and Measures."
See "Is Ron Paul wrong on money and Constitution?" on YouTube for explanation.
Where is Bill Still getting his information from? Has he read the US Constitution? It clearly says in there in Article 1 Section 10.1 which forbids the States from making anything but gold or silver a legal tender. I guess in reality anything could be money, but obviously paying debts in Federal Reserve Notes is unconstitutional.
@jamezbond78 That is a prohibition on the states. They'll claim that it's not a prohibition on federal government.
You need more ammo. Search YouTube for 'Is Ron Paul wrong on money and the Constitution." It explains what is meant by the term "dollar" and what 'coin money and regulate the value thereof" means. The video also explains "Standards of Weights and Measures."
You are right, but Article I, Section 10 isn't how you defend the position.
if they print dollars to unwind their debt then my america is screwed i think inflation is gonna get out of hand.they will certainly have to raise rates or the inflation will run wild!
Thanks for putting Bill Still on Max! Money is a public utility and the people should be in control of its creation. All money is currently created by banks. Rather we should let every sovereign country create its own money. When the economy grows, new money needs to be created to represent the new goods and services. That growth in the money supply should be shared by the people and used for infrastructure. Target zero inflation/deflation.
One problem with this monitary model this gentleman has is that as long as you have paper money there will always be some duche to print it and scam it every which way but loose. So sorry but gold can't be printed you have to dig it up and that's the only way to keep people straight, if you want more, earn it or steal it but don't steal mine kuz il kill yah!
Bill Still's got it... wake up, we need a monetary reform. the source of the value of money can't be gold... gold is not money. why not go back to the bronze age? she or he who understands this, has the right vision for the future. money is mankind's greatest invention, a most valuable thing in life.
@AlbertoVeronese It's not money? Exactly where has fiat currency been picked when legal tender laws are absent? Gold and silver have been monies for thousands of years. It is paper currency that is the anomaly. The average life expectancy of a fiat currency is 27-years. It is it a sound system, why do they always collapse?
Gold and silver have been picked by more industrialized people when a free market exists. Paper has to be forced on a people with legal tender laws.
@AlbertoVeronese fuck you shut your pie hole, please put your head back up yer ass, you no brain stupid piece of money pushin' shill! It's the neck of people like you that I would (in person) strangle to death in front of a crowd. Then dance on your corpse.
@zxslipperz007 I liked money masters, but I think Still has a few misconceptions about fiar currency and precious metal money. It was very good on the whole though.
If you get a chance, check out "Money, Banking, and the Federal Reserve" on YouTube. It's 45-minutes long. It's a slightly different interpretation though both want to end the Federal Reserve system.
Who stole the gold in fort knox? That gold belongs to the american people. The irony is the people are all asleep. They just say let's just go along to get along. They are just concerned of their personal lives and not the welfare of the nation as a whole. They're all so caught up with the pleasures and pain of daily life that they forget the real issues. Their argument is the system is too big, we can not beat it, so they just quit. Well, I guess Max is right, the people deserve it.
@rvrola I agree with your sentiments, tho not sure about the gold belonging to the people. I'm kind of torn because I'm kind of happy it's all gone so that the undeserving population can't have it no matter how much they cry. It also makes going to a gold standard that much harder, so no easy way out of their own mess. The little that is left will have to go to settling our debts during a default, so that's kewl too.
Who owns the vast majority of Gold bullion?..........Unelected oligarchs and international financiers, who of course control the governments of the world.......They manipulate the both the money markets and the politicians.....We are just the pawns they move on the global chessboard.
With all due respect, and I will qualify this by stating I like Mr. Still, and his theories and position. He makes sense he and I have discussed this personally, but there is a parse of words and terms here. He speaks of "Money" which is a loose term.
the Constitution says at Art 1 sec 10, " No State shall...; make any Thing but gold and silver Coin a Tender in Payment of Debts;..." anything else used as "money" cannot constitutionally settle Debt. thus you may volunteer to remain a fiat debtor
Think he considers gold and silver unnecessary to back a currency.
Cause when fractional reserve banking becomes illegal and the quantity of a currency kept in the right hands, hands that are accountable and who serve the intrest of the country instead of the intrest of a few, like he suggests.
Then it doesnt really matter anymore if that currency is backed by gold and/or silver.
@Clausewitzz Agreed, fractional reserve is folly for all but the bank, but a closed system needs a substantive backing or someone will hoard us into scarcity. Money facilitates a transaction, not all transactions are debt. substance G&S or wheat, oil, chickens, labor creates a value which can settle a debt. If I accidentally break you arm, and cannot say "oops here's $", I can give you value by doing your chores till you heal or give you food till you can work again. substance not fiat
@DanielShaysRebellion There doesn't have to be a monopoly issuer. There used to be a free market in money back in the 19th century until the 1860's. Private mintage was common. Let the people decide their favored medium of exchange. Money is a product that the market can produce. Money is just a commodity with monetary functions. It should be treated no differently than coffee or tea. There is nothing magical about it.
@joepeeler34 Agreed! case in point the "liberty dollars" and the monopolists persecution of them as competitive exchange mediums {media} silver = public money vs. Fed reserve notes=private credit. Fed express out competes USPS which is also pseudo-private or pseudo-public I cant keep that one straight.
Funny you mention 1860's that's when public/private became all muddied up and the monopoly men subverted the constitutions with volunteerism to private contracts cloaked as public interests.
@DanielShaysRebellion monopoly men subverted the constitutions with volunteerism to private contracts cloaked as public interests. - can you give an example?
@independence4wales The example here is, the Fed notes {FRN's} are private credit. we the People do ordain a constitution to provide restrictions on public employees ie: Govnt. and we the People are the "good faith and credit of America" and as creditors are due the returns on investments and use of our stuff.....
Contracts are superior to constitutions, they are specifically singled out/exempt fro constitutional obligations/restrictions.
private contracts require volunteerism. both parties to
@DanielShaysRebellion contracts must agree to terms to be valid contract.....private FRN's are private contract so try to not use private credit and only public constitutional money/notes/script/coins/currency.......
technically we are volunteering to use FRN's, though no adequate supply of public money {beyond coins} exists.
Title 26 is not codified as positive law,..... it is private law and thus also voluntary though you better understand all your contracts, and be honorable with them
@Clausewitzz Agreed, fractional reserve is folly for all but the bank, but a closed system needs a substantive backing or someone will hoard us into scarcity. Money facilitates a transaction, not all transactions are debt. substance G&S or wheat, oil, chickens, labor creates a value which can settle a debt. If I accidentally break you arm, and cannot say "oops here's $", I can give you value by doing your chores till you heal or give you food till you can work again. substance not fiat
@Clausewitzz Agreed, fractional reserve is folly for all but the bank, but a closed system needs a substantive backing or someone will hoard us into scarcity. Money facilitates a transaction, not all transactions are debt. substance G&S or wheat, oil, chickens, labor creates a value which can settle a debt. If I accidentally break you arm, and cannot say "oops here's money", I can give you value by doing your chores till you heal or give you food till you can work again. substance not fiat
@DanielShaysRebellion Wouldn't it be better to argue why and not what was written? Should we treat the Const as a bible written by gods? States should be more open to what they accept as payment from its citizens, even a cow if that's all someone has, and they should not make or coin their own money in any fashion to settle their own debts. As an aside, it is more important to me that we are debating these things and less important what is written.
@jgbloyd I'll debate, not argue. I agree that is best. As a project manager I see that we have fallen off our charter {the constitutions} States cant coin money, that the feds job to make commerce regular between them, Yes? Payment does not always settle a debt, and the State should not take cows and chickens et cetera because then they justify taking barns and paying farmers {of their choice} to handle what the State cannot. Rule of law/constitutions cannot be vague, biblical? NO, Charter Yes
@DanielShaysRebellion Wait, you're kewl with the State accepting gold but not other things? You think gold is not so important? If you don't think the State should take anything of real value, then why go to gold? Might as well keep paying the State in fiat paper, no?
@DanielShaysRebellion Wait, you're kewl with the State accepting gold but not other things? You think gold is not so important? If you don't think the State should take anything of real value, then why go to gold? Might as well keep paying the State in fiat paper, no?
@jgbloyd I'll debate, not argue. I agree that is best. As a project manager I see that we have fallen off our charter {the constitutions} States cant coin money, that the feds job to make commerce regular between them, Yes? Payment does not always settle a debt, and the State should not take cows and chickens et cetera because then they justify taking barns and paying farmers of their choice to handle what the State cannot. Rule of law/constitutions cannot be vague, biblical? NO, Charter Yes
I think Bill is making 2 mistakes. 1) a treasury controlled quantity does not guarantee discipline in printing and 2) a gold standard does not automatically allow continued fractional reserve system. That depends on what rules are actually implemented with the system. The benefit with gold backing without fractional reserves is that imposes that discipline. And to give some leeway it might not be fixed gold price but a variable band of M3 where POG automatically moves with quantity.
Bill still is right about one thing: What matters is who creates money. That is why we can't have paper currency. Paper currency is always created by a central authoriy that will eventually be corrupted. Gold, silver, platinum, and palladium cannot be created by anyone and therefor that is what we should use. It's pretty simple.
Bill Still is awesome, I've learned soooo much from him!!!!
nsakic 3 days ago
It's truly insane! Goldman Sachs, continually receiving more un-collateralized fiat money, are the principle financiers of both Romney's AND Obama's campaigns. Both leading candidates for the Presidency are financed by the very banks being bailed out, at the people's expense.
One thing is for sure, whether or not Obama or Romney wins, they won't do a thing to stop this fraud and rape of the average saver, retiree, and all who live on fixed incomes. So, why are they front runners????
TroddinSod 5 days ago
*****5stars*****
lights21002003 5 days ago
Bill Still?? holy shit. I can't believe I missed this episode.
Daydream2142 2 weeks ago 6
@Daydream2142 LOL, same thing I said, just finished watching it (Wed Feb, 8, 2012, 12:20P EST)....had to make the Like Button take it deep on this one ;)
tygerk 2 weeks ago
The EU has one currancy but not one goverment it are all goverments with a supreme co-operating goverment now that the EU hade its first crisis in this co-operating system problems surfaced the biggest one is that we have the commen currancy but not a commen treasurary or absolute Goverment now we hade to create an artificial treassurary all the crisis did was bring the EU closer together economically and sytimatically it is just a grow pain ofcours the people are stil devidid united in difrance
MrTimothytim 3 weeks ago
@MrTimothytim: WTF, dude? What r u ranting about?
RogueReplicant 6 days ago
@RogueReplicant lol the cause of the delay of the EU solution
MrTimothytim 4 days ago
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dear friends, I fully agree with you, because it is more acceptable in 2012 that capitalism like communism are no longer able to give us some answers, as it is unacceptable that those who have a lot of money to the Caymans or Switzerland HELPED to governments and is so many peopl who would be president of any country in the world: the rich produce nothing but money for themselves! VIVA FOREVER AND DEFEND THE IDEAS OF THE PEOPLE, JESUS WAS BORN IN A STABLE (W ZUCCOTTI PARK)ciao
zioband 1 month ago
Comment removed
zioband 1 month ago
If its a Federal Reserve, and we have fiat money what do they have in reserve? Ink and paper?
optionsupdate 1 month ago
@optionsupdate: What? Gold or paper as reserve to back up the dollar? Pleeease, gold and paper are soooo 20th century. The banksters now uses high-tech "virtual gold": digits on computer screens! That's right. Digital gold is weightless, easy to transfer and store, and the banksters can churn out an infinite number (QE1, QE2, ad nauseum). Since it's not real, the only thing backing it up is our ignorance and stupidity.
RogueReplicant 6 days ago
@RogueReplicant what is the average lifespan of a fiat money system, and how long has gol d/silver been recognised as store of wealth
optionsupdate 6 days ago
do the globalists want to end the fed so they can introduce world government and a world bank?
optionsupdate 1 month ago
The bank of China is currently leveraged 1200 to 1.
pretorious700 1 month ago
all you who play in these games are baby killers.
debtbully31 1 month ago
RP never said paper money was bad, only if NOT BACKED UP BY REAL MONEY, which is what makes the paper real money...I wish people would listen to him instead of cherry picking partial comments dang.
preparadox 1 month ago
@preparadox: Bill took issue with RP saying that only silver and gold can be money. Bill doesn't agree with that and goes on to say why. There was no mention of RP saying "paper money was bad".
RogueReplicant 6 days ago
Bill Still is the only money guy I've heard in years that has any common sense whatsoever.
Di0genesus 1 month ago
This is all part of the plan for 1 world currency!!!
TriggaTap 1 month ago
When i think gold standard, i just think about gold backing the paper.... but now there is only paper... gold standard is great.
hearv888 1 month ago
Max Keiser is actually in favor of a Gold standard. I would love to see his arguments for a Gold standard vs bill still's debt free money
To me it seems more logical with Bill Still's "Debt free money"
cesarG222 2 months ago
and here we are, three months after this video and the Euro is getting bailed out....what a surprise...
MrGiggity890 2 months ago
Bill Still is awesome. As much as I like Paul, I think Still is smarter on monetary history and systems in general. We need to move forward. I do not believe a return to the Gold Standard would fix the USA or the world. Lincoln saved the union with debt-free Greenbacks and was assassinated for it.
getenlightened 2 months ago
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Sure Bill, Congress will be SOOO much more responsible with the money-printing press, and I'm a talking unicorn.
MoneyIsSilver 2 months ago
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"Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it becomes, marked: 'Account overdrawn.'"
private central bank vs public central bank = a false argument pushed by Bill Still the masonic shill. The REAL problem is FIAT money
MoneyIsSilver 2 months ago
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"...when you see that in order to produce, you need to obtain permission from men who produce nothing – when you see that money is flowing to those who deal, not in goods, but in favors – when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you – when you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed."
MoneyIsSilver 2 months ago
Moral of the story.
Keep Banker off Wall Street.
Salvysahagun 3 months ago
While entertaining, this bank restructuring discussion ignores the other elephant in the room; government deficit spending. You can not fix one without fixing the other.
WhiskeyJim59 3 months ago
@WhiskeyJim59 The deficit is caused because we borrow more than we take in as a government.
So, eliminating government borrowing would fix 1/2 the problem.
The other half is to both cut spending and raise taxes (doesn't need to be much) on those that can afford it.
Nanya 3 months ago
The greatest crimes of the Americans
Search For
"THE GREAT DISASTERS"
eliasmouawad 3 months ago
Bill is a legend
pigeonpsycho 3 months ago
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tr75out 4 months ago
Bill Still is right on the money.. HUGE thumbs up! every kid should be learning about this ludicrous system
tr75out 4 months ago 16
@tr75out don't you love the guy.
johnbarkand 4 days ago
Still wants the government to issue money at will and have no interests to pay which opens the door to awful hyper inflation. To which he'll reply "the government needs only to control the quantity". When confronted with the fact that government never acts the way people planned to, he will simply repeat the same but with a psychotic tone.
StrafingMoose 4 months ago
@StrafingMoose and why would the government risk losing their popularity by doing something like cause hyperinflation? With no private central bank holding a gun to their head, they have much more freedom on decisions like that.
pigeonpsycho 3 months ago
@pigeonpsycho Actually, the one holding the gun is the government. This is what lobbyists buy: the use of the gun. And why would they cause hyperinflation ? Because they mostly are clueless nitwits wiki.mises.org/wiki/Inflation_in_the_Weimar_Republic
StrafingMoose 3 months ago
@StrafingMoose But the fed controls the flow, they can call in the debts. They're clueless nitwits because their employers want them that way.
pigeonpsycho 3 months ago
At 13:40 , wow...
unholysaint666 4 months ago
A negative interest money system creates paradise on earth:
youtube.com/watch?v=7kk6fplyLTI
Adriaan1950 4 months ago
Imagine american traders decided to take only mexican peso...
Melki 4 months ago
Bill wants to take the money control away from the banks and give it to government. GOOD LUCK!
boeingdriver29 4 months ago 4
This collareral is my hide? Where's my bull horn?!
arbiforumnow 4 months ago
David Icke said that the west's gold is tungsten painted gold.
So...where's the real gold....and why are you spending
your money on something that doesn't exist?
Show me the gold.
Is that why Britain, US and France invade countries.
To steal their real gold as well as their oil?
frickadele 4 months ago
@frickadele I think you should take anything coming out of Icke's mouth with a bucket of salt.
Stealthsuit07 4 months ago
...This Covenant says that the person accepting the Bribe to carry out whatever unscrupulous, immoral, or tyrannical act, will be protected by the network of moneychangers and others who have also entered into the same COVENANT. There are penalties associated with the Covenant. There are elected officials, judges, business people, academics/scholars, scientists, union bosses, and others who have all agreed through COVENANT to carry out the moneychangers' plans to centralize power. ...
bunttheripple 4 months ago
I also want to state, that the moneychangers could only be successful in accomplishing their control over these institutions by preying on the lust that men (and women) have for power and gain. They do this through the following:
1.) Bribary
2.) Covet-means
For those unscrupulous and immoral enough to take advantage of by Bribary, they pay people off in one form or another. For those smart enough to demand protection in taking a bribe, they offer protection through making a COVENANT...
bunttheripple 4 months ago
...6.) It is the RESPONSIBILITY of the People to monitor and verify that their elected representatives: a.) DO NOT ENACT POLICY that is outside the powers that are "few and defined", and b.) overstep the Rights that the People loaned to them.
I would enjoy any comments concerning this information
bunttheripple 4 months ago
...(correction/addition to #5)... the Government did NOT have the Right given it by the People to turn the power to create and govern the money supply OVER TO A PRIVATE "FOR PROFIT" ENTITY...
bunttheripple 4 months ago
...1.) Sound Monetary Policy
2.) The Unalienable Rights of the People
3.) That they LOAN their Rights to the Government
4.) Whatever Rights the Government takes upon itself above and beyond the Rights that the People have to LOAN the Government, is TYRANNY
5.) Recognizing that the Government did NOT have the Right given it by the People to turn the power to create and govern the money supply, nor did the People have the Right to do that in the first place. THIS WAS AN ACT OF TYRANNY!!!...
bunttheripple 4 months ago
...They moneychangers have secured for themselves the media so they control the information that the People see. They have successfully rewritten history (especially American History and polluted the character of our Founders) through the purchase and control of scholastic/academic publishing and training. This is an incredible feat! HOW HAVE THEY DONE IT ON A GLOBAL SCALE?!!
It's simple... the People did not take the responsibility of educating themselves on:
bunttheripple 4 months ago
...it was the People's elected Representatives that gave power to the Private MoneyChangers - is it not? What did the People done to stop it? Nothing... and why did they not stop it? At least TWO REASONS:
1.) They were ignorant of sound money policy - and -
2.) They did not accept their responsibility to monitor the policies and actions of their government.
WHO'S FAULT IS THAT? Is it the fault of the moneychangers? NO!! It is the PEOPLE'S FAULT. Consider the following...
bunttheripple 4 months ago
...THAT THEY ALL COULD UNDERSTAND! Remember that the responsibilities of the Federal Government are "Few and DEFINED".
I believe our biggest problem concerning our Monetary System is the fact that the masses of the People DO NOT UNDERSTAND SOUND MONETARY POLICY. The hard cold fact, is that the People of the United States HAVE LET THIS HAPPEN. In a FREE society it is the People's responsibility to monitor the policies put forth by our Government. In the case of Private Central Banks...
bunttheripple 4 months ago
Could there be another answer? There are some compelling arguments here. I believe that there's one crucial argument that has been left out.
Remember, that the decentralization of power during the rule of the Articles of Confederation left the country in near ruin. We couldn't defend ourselves, nor could we maintain economic stability. This problem was not ONLY due to the Bankers. It was also due to the fact that the People didn't have a defined and agreed upon system of monetary policy...
bunttheripple 4 months ago
Imagine a discussion between Ron Paul and Bill Still....
I hope we will have the pleasure one day...
georgemargaris 4 months ago
@georgemargaris Still doesnt understand the fundamental problem. concentrated power leads to corruption, always, always has, always will.
Paul recognizes this as did the founding fathers. solution is to decentralisation of power, as much as possible. the only way to fight tyranny is too put the power in the hands of as many people as possible. spread it out.
I like Still but i think is missing the final piece of the puzzle, he doesn't recognise that concentrated power leads to tyranny
independence4wales 4 months ago
@independence4wales Of course Bill Still knows that concentrated power leads to tyranny
You have to agree that we need some kind of "government"? As small as possible, like a necessary evil.
Something very small and open.
Only bad governments need secrecy! War-Mongering ones.
People need secrecy, but NOT governments. I want to know what my government does, from A to Z. Even where the atomic weapons are stationed etc...
The whole secrecy about everything is very frightening!
georgemargaris 4 months ago
@georgemargaris JFK would agree with you as would Eisenhower. re secret society speech and military industrial complex speech. I would also agree!
independence4wales 4 months ago
All of you folks shouting out for Ron Paul do realize that Max Keiser is on the far LEFT, correct??! :-)
neuronaut23 5 months ago
@neuronaut23 there is no left and right there is only freedom. u can use that sound bite if u want
max thinks big gov has the answer, so he wants to hand control from the mega banks back to the mega government, people in both, same problems with both.
freedom is the only answer and max and paul want that. methods differ, keiser will change his mind i think
independence4wales 4 months ago
Why is it always Ron Paul people commenting on this stuff? Good lord, not Ron Paul.... Dennis Kucinich!!
If we're gonna cast aside the establishment and go towards constitutionalism again, let's move to the libertarian left, not the libertarian right!
neuronaut23 5 months ago
The government already does creat money, via the FED ("wmh1982"). You'd rather have the banks control money, than a peoples govrnmnt?
Debt-free govrnmnt controlled money will put the scumbag polititians back working for us, rather than the priesthood of debt-based money. Take the banks out of the money creation process, & you destroy thier web of debt that is killing our planet. The Constitution must be a amended to OUTLAW govrnmnt barrowing.
When you owe, . . you are owned . . . period.
conan0869 5 months ago
Ron Paul wont talk to him. Bill Still already told that story. Paul believes in gold backed money, not debt-free, backed by the good faith of government money.
conan0869 5 months ago
@conan0869 Paul has a point, gov controlled money has been tried since 1971. Tying money something physical is the only way banks can be kept in check.
independence4wales 4 months ago
@independence4wales
The American government has'nt printed it's own money supply since the Federal Reserve Act was passed in 1913. It's fine to have silver & gold back some of the money supply, ( it doesnt matter what backs it really)but the government must be forbidden to barrow. That would take the banks out of government & return it to the people, where it is supposed to be. Lincoln won the Civil War without barrowing 1 cent from the banks. He used debt-free government printed Greenbacks.
conan0869 4 months ago
@conan0869 yeah I was implying the gov was in bed with the banks/federal reserve. about the gov, yeah okay, forbid them from lending the taxes they take in should be more than adequate 4 what they do. i like Still but i think he is flawed. gov has had control of a portion of the money supply ie borrowing since 4ever & it still manages 2 screw up so i think he is wrong here. he says gold can be manipulated, i disagree, someone wants to cash in their note and the bank says no, game over 4 bank
independence4wales 4 months ago
@independence4wales I agree with you about gold. An ounce of gold bought a beautiful suit 100 yrs. ago, just like it does today. Whatever happens with monetary reform, (if anything), I think has to happen on a state & maybe even county level. These big banks are just to entreanched @ the federal level. No.Dakota found thier way around it a long time ago without printing its own money supply.The interest the N.Dakota State bank charges on loans is thier main source of revenue.
conan0869 4 months ago
@conan0869 yeah, the n.dakota state bank is interesting, i will have to read up on it, thanks for the tip
independence4wales 4 months ago
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Bill Still is absolutely the man.
In a real world it would be Bill Still/Ron Paul 2012
Ron Paul is awesome, but Bill Still is the Father of awesome.
oblivionsdelightful 5 months ago
Get the book at Bill Still dot com is all I can say.
beltonism 5 months ago
Bill needs to read some Rothbard. In a free market, fractional banking would tend to almost nothing. And to give congress the printing press? Cmon
wmh1982 5 months ago
@wmh1982 i agree, Still wants to remove power over the currency from one group of people in banking and put it in the hands of another group of people in government. the issue will be same. put the power in the hands of as many people as possible, its the only way.
independence4wales 4 months ago
Bill Still is awesome. Great stuff.
123gwf 5 months ago
I LOVE ALYSSA OLIVER!
HelmzSea 5 months ago
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The world economy is doomed to spiral downwards until we do 2 things: outlaw government borrowing; 2. outlaw fractional reserve lending. Banks should only be allowed to lend out money they actually have and nations do not have to run up a "National Debt". Remember: It's not what backs the money, it's who controls its quantity.
marinello6 5 months ago
Still and Ellen Brown are MMT (chartalism) fanatics. The last thing I want is Congress printing money at whim. Continentals and Greenbacks both hyperinflation episodes. Commodity based money (ex. precious metals) force discipline. I agree with the fraud of fractional reserve lending. BTW R. Paul wants choice in currency thereby Gresham's Law will prevail.
elricmlbone 5 months ago
The whole video clip is excellent, though I particularly appreciate what Bill Still says. Still, the whole is definitely appreciable.
And as some people already posted, it'ld be great to have someone like Bill Still running for the US presidency. Bill Still and Ralph Nader, if Ralph is not running with his last running mate for VP anyway. But even if either of them ran for the presidency in 2012, then I doubt that enough citizens have woken up enough to vote for a third party.
mikecorbeil 5 months ago
Bill Still should be the next United States Secretary of the Treasury and Ron Paul the next President of the USA.
chorakemotorcycles 5 months ago 25
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@chorakemotorcycles "Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values." (think Federal Reserve Act -1913)
MoneyIsSilver 2 months ago
@c....s "Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it becomes, marked: 'Account overdrawn.'"
private central bank vs public central bank = a false argument pushed by Bill Still the masonic shill.
The REAL problem is FIAT money
MoneyIsSilver 2 months ago
@chorakemotorcycles Bill Still has hoodwinked you.
MoneyIsSilver 2 months ago
best guest ever.
Ron Paul apparently tries to avoid Bill and debating him on his ridiculous gold standard.
TheHorsenation 5 months ago 16
@TheHorsenation if someone has made a decision without logic, it makes it very difficult to change their mind with logic re Still. Still's idea is the same as the idea of the federal reserve ie concentrating the power of issuing currency to a few people. that will always lead to corruption. gold standard is the only way to eliminate corrruption in the money supply. have a platinum supply if you want but money has to be tied to something finite and physical. its not rocket science.
independence4wales 4 months ago
@independence4wales
not quite. Still's idea could and should be executed like creating a new force ie. executive, legislative, judicative and monetative. monetative should be implememnted transparently.
if you have a gold standard - but the country has no gold - how to you make a currency??? get in debt bying up gold or steal it from the private people with confiscation??? you see gold standard is ridiculous, also the gold market can be controlled by the bankers - as it was in the past.
TheHorsenation 4 months ago
The continuing turmoil on the markets, and inability of Irish and European government austerity measures to deal with the crisis shows the utter futility of the present course of action and mindset. The proposals below are practical and innovative and would remove the private banking debt burden off the backs of Irish taxpayers and the unemployed and disabled and onto the backs of the private bankers and central bankers. You can view the alternative proposals at goodwillbank (dot com)
meesllk 5 months ago
@TitusTheMaximus Karl Menger helped develop the law of marginal utility and the subjective theory of value. The advocacy for sound money predated that. The Austrian school is just an extension of the classical school.
joepeeler34 5 months ago
kudos to keiser for having someone on his show that isn't lock step with his views...i think still may be onto something...
rabudman 5 months ago
Hitler had a way of dealing with parasites like Bernanke...and it worked: Germany became the most productive nation on earth in the 1930s....in terms of DOMESTIC PEACETIME goods.
dasUBootVII 5 months ago
It is BUTTFACE Bernanke...not baby face
dasUBootVII 5 months ago
Max Kieser you fucking LEG END!
wardydave 5 months ago
You have to have at least partially backed money or else the politicians will still steal your money through inflation and give it to their buddies to pay for boondoggles. Politicians are all corrupt , if you gave them the printing press it wouldn't change much.
hablerz 5 months ago
Thats why they went to rape and occupy Libya with their love partner-Al Qaeda,Gaddafi had ZERO debt,and his plan for the Gold Dinar was a death knell to the bastard immoral financial Oligarchs-
jerash5 5 months ago
Lol, the jailing of the Amish is actually a legal oxymoron.
I do hope Cameron is listening to this, it is all about who controls the money. Tax's & benefits should also be decentralized & made local, local communities would a) be more efficient & answerable & b) know local needs better thereby avoiding blanket cuts to services which were a contributing factor to the riots & the levels of poverty & in the UK. Everything needs to be taken down by more than a few notches to find solutions.
Kinkspace 5 months ago
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Кто хочет заработать немного деньжат вот h t t p : / / w w w.s e o s p r i n t . n e t / ? r e f = 4 2 2 6 3 7 удаляем пробелы
кто не разобрался пишите мне в асю 572584023 ))
ValeraBlin 5 months ago
Obama is such a cool nice guy. Listen to the jackas* Obitc* say: "I shall damn you" in reverse speech. Forward speech he states "we make things happen".
staywithtruth 5 months ago
@juujuuuujj We lost our way through easy living, apathy and greed. The banks took advantage of this by cultivating, selling and promoting irresponsible monetary policy, to both, the government and the people. But elastic bands will only stretch so far. We have now spawned a genie so devastating, so overpowering and immoral we cannot hope to return it to its bottle, and yet, even now, we continue to feed it.
cobra60six 5 months ago
I've been following Bill Still for some time now. I was wondering when Max was going to have him on the show. Bill is not a gold std supporter, he's an Anti-Fed, Pro debt free money issue. He advocates that money should be a debt free utility used by the people to transact business, not created by banks to speculate and leverage the market until it's virtually worthless. Like a computer needs a firewall, the people and their money need to be insulated from the chaos of the speculating banks.
cobra60six 5 months ago
@cobra60six Fiat currency is debt-free, but it can only be imposed with legal tender laws. Fiat currencies always collapse. The average life-expectancy of a fiat currency is 27-years. A medium of exchange and storehouse of value can't be intrinsically worthless.
It's not a gold standard that Ron Paul is after. He wants to legalize the Constittuion for a change by allowing private mintage. Money is a product. They is no reason that the state should have a monopoly.
joepeeler34 5 months ago
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cobra60six 5 months ago
I think Adoboli is a patsy. I work at a convenience store and there is no way the company would be blind sighted if I stole as little as $200, no matter how cleverly I attempted. How am I to believe that one trader can steal billions from a bank through trades without the bank getting smart to it much earlier. I don't buy it at all.
joshtheobjectivist 5 months ago
@joshtheobjectivist Your dead right, it's a charade and they're all in on it. Adoboli just happened to be the one they nominated to take the fall when it all went to shit. In fact Adoboli is probably the least guilty.
cobra60six 5 months ago
@DJTmaq how is he wrong not saying he isn't but if your statement is this easy to make it should be very easy to back up!
Strange0ne 5 months ago
Great guest, and great episode.
The idea of money and banking as a utility for the benefit of the people, as opposed to a tool to enslave people... how the hell did we forget that?
juujuuuujj 5 months ago
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cobra60six 5 months ago
I think I"m in Love with Stacy and I love the clownish behavior at the beginning of the show it's my favorite part actually.
bob1234619 5 months ago
max and stacy should dispense with the clownish behavior, especially at the beginning. it's off-putting. just stick to the facts
DickOPlenty 5 months ago
why digging holes for gold, burying it in other holes, then build banks over them? why can't we just build banks right on top of the first holes?
AlbertoVeronese 5 months ago
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Hi, I don't want any radically dogmatic person to reply to me.
1.Why are republicans against Obama's petitions so much?
2.What has Obama done to make Republicans so pissed?
3.What are the Republicans' bills that are better than Obama's?
4.What is the best way to fix this problem (InYourOpinion)?
5.Why should I vote for Obama or Ron Paul (Or any other Republican)?
I'm doing a research, please share your opinion humbly. Private Message me instead of replying here due to the limit.
JetsuSeal 5 months ago
We should all be allowed to "legally" print US dollars and pay our debts.
melodyintrance 5 months ago
U.S. constitution article 1 section 10 "No State shall....make any Thing but gold and silver Coin a Tender in Payment of Debts"
DickOPlenty 5 months ago
@DickOPlenty Yes, but that is referring to a prohibition on the states. They'll throw that back at you. It's better to point out that the term "dollar" was mentioned twice in original Constitution. The term "dollar" was a weight of silver (3711/4) grains.
Also, Article I, Section 8 gives Congress power to "COIN money..." , not print paper. It also refers to standards of "Weights and Measures."
See "Is Ron Paul wrong on money and Constitution?" on YouTube for explanation.
joepeeler34 5 months ago
я как никогда не покупал, так и не собираюсь покупать эту макулатуру)))
0HAIK 5 months ago
"babyface bernanke" lol
DickOPlenty 5 months ago
Bill Still is a legend
ThirdRomeAquilo 5 months ago
financial fiery death? when will they not be able to print another dollar and what if the banks default?
rohleks 5 months ago
Where is Bill Still getting his information from? Has he read the US Constitution? It clearly says in there in Article 1 Section 10.1 which forbids the States from making anything but gold or silver a legal tender. I guess in reality anything could be money, but obviously paying debts in Federal Reserve Notes is unconstitutional.
jamezbond78 5 months ago
@jamezbond78 That is a prohibition on the states. They'll claim that it's not a prohibition on federal government.
You need more ammo. Search YouTube for 'Is Ron Paul wrong on money and the Constitution." It explains what is meant by the term "dollar" and what 'coin money and regulate the value thereof" means. The video also explains "Standards of Weights and Measures."
You are right, but Article I, Section 10 isn't how you defend the position.
joepeeler34 5 months ago
if they print dollars to unwind their debt then my america is screwed i think inflation is gonna get out of hand.they will certainly have to raise rates or the inflation will run wild!
toppgunn2232 5 months ago
Friend Bill Still on Facebook. The man deserves our support!
poppanolan 5 months ago
Thanks for putting Bill Still on Max! Money is a public utility and the people should be in control of its creation. All money is currently created by banks. Rather we should let every sovereign country create its own money. When the economy grows, new money needs to be created to represent the new goods and services. That growth in the money supply should be shared by the people and used for infrastructure. Target zero inflation/deflation.
ChristopherMarlowe 5 months ago
This was a good interview
uwmbigb 5 months ago
Bill Still is fantastic. He needs an appointment with President Paul in 2012 ;)
StayKurdish 5 months ago 9
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@StayKurdish
Bill Still should be the next United States Secretary of the Treasury and Ron Paul the next President of the USA.
chorakemotorcycles 5 months ago
He's wrong babout Ron Paul.
DJTmaq 5 months ago
One problem with this monitary model this gentleman has is that as long as you have paper money there will always be some duche to print it and scam it every which way but loose. So sorry but gold can't be printed you have to dig it up and that's the only way to keep people straight, if you want more, earn it or steal it but don't steal mine kuz il kill yah!
shauntnichols 5 months ago
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Next HUGE moneybomb for Ron Paul will be on OCT 19th
BLACKTHISOUT . COM
qwerty94376 5 months ago
Bill Still's got it... wake up, we need a monetary reform. the source of the value of money can't be gold... gold is not money. why not go back to the bronze age? she or he who understands this, has the right vision for the future. money is mankind's greatest invention, a most valuable thing in life.
AlbertoVeronese 5 months ago
@AlbertoVeronese It's not money? Exactly where has fiat currency been picked when legal tender laws are absent? Gold and silver have been monies for thousands of years. It is paper currency that is the anomaly. The average life expectancy of a fiat currency is 27-years. It is it a sound system, why do they always collapse?
Gold and silver have been picked by more industrialized people when a free market exists. Paper has to be forced on a people with legal tender laws.
joepeeler34 5 months ago
@AlbertoVeronese fuck you shut your pie hole, please put your head back up yer ass, you no brain stupid piece of money pushin' shill! It's the neck of people like you that I would (in person) strangle to death in front of a crowd. Then dance on your corpse.
shauntnichols 5 months ago
hmm ill have to watch the secret of oz, the money masters was good stuff. more people should quit this nfl football crap and watch it
zxslipperz007 5 months ago
@zxslipperz007 I liked money masters, but I think Still has a few misconceptions about fiar currency and precious metal money. It was very good on the whole though.
If you get a chance, check out "Money, Banking, and the Federal Reserve" on YouTube. It's 45-minutes long. It's a slightly different interpretation though both want to end the Federal Reserve system.
joepeeler34 5 months ago
Who stole the gold in fort knox? That gold belongs to the american people. The irony is the people are all asleep. They just say let's just go along to get along. They are just concerned of their personal lives and not the welfare of the nation as a whole. They're all so caught up with the pleasures and pain of daily life that they forget the real issues. Their argument is the system is too big, we can not beat it, so they just quit. Well, I guess Max is right, the people deserve it.
rvrola 5 months ago
@rvrola I agree with your sentiments, tho not sure about the gold belonging to the people. I'm kind of torn because I'm kind of happy it's all gone so that the undeserving population can't have it no matter how much they cry. It also makes going to a gold standard that much harder, so no easy way out of their own mess. The little that is left will have to go to settling our debts during a default, so that's kewl too.
jgbloyd 5 months ago
Who owns the vast majority of Gold bullion?..........Unelected oligarchs and international financiers, who of course control the governments of the world.......They manipulate the both the money markets and the politicians.....We are just the pawns they move on the global chessboard.
movement26 5 months ago
With all due respect, and I will qualify this by stating I like Mr. Still, and his theories and position. He makes sense he and I have discussed this personally, but there is a parse of words and terms here. He speaks of "Money" which is a loose term.
the Constitution says at Art 1 sec 10, " No State shall...; make any Thing but gold and silver Coin a Tender in Payment of Debts;..." anything else used as "money" cannot constitutionally settle Debt. thus you may volunteer to remain a fiat debtor
DanielShaysRebellion 5 months ago
@DanielShaysRebellion
Think he considers gold and silver unnecessary to back a currency.
Cause when fractional reserve banking becomes illegal and the quantity of a currency kept in the right hands, hands that are accountable and who serve the intrest of the country instead of the intrest of a few, like he suggests.
Then it doesnt really matter anymore if that currency is backed by gold and/or silver.
Clausewitzz 5 months ago
@Clausewitzz Agreed, fractional reserve is folly for all but the bank, but a closed system needs a substantive backing or someone will hoard us into scarcity. Money facilitates a transaction, not all transactions are debt. substance G&S or wheat, oil, chickens, labor creates a value which can settle a debt. If I accidentally break you arm, and cannot say "oops here's $", I can give you value by doing your chores till you heal or give you food till you can work again. substance not fiat
DanielShaysRebellion 5 months ago
@DanielShaysRebellion There doesn't have to be a monopoly issuer. There used to be a free market in money back in the 19th century until the 1860's. Private mintage was common. Let the people decide their favored medium of exchange. Money is a product that the market can produce. Money is just a commodity with monetary functions. It should be treated no differently than coffee or tea. There is nothing magical about it.
joepeeler34 5 months ago
@joepeeler34 Agreed! case in point the "liberty dollars" and the monopolists persecution of them as competitive exchange mediums {media} silver = public money vs. Fed reserve notes=private credit. Fed express out competes USPS which is also pseudo-private or pseudo-public I cant keep that one straight.
Funny you mention 1860's that's when public/private became all muddied up and the monopoly men subverted the constitutions with volunteerism to private contracts cloaked as public interests.
DanielShaysRebellion 5 months ago
@DanielShaysRebellion monopoly men subverted the constitutions with volunteerism to private contracts cloaked as public interests. - can you give an example?
independence4wales 4 months ago
@independence4wales The example here is, the Fed notes {FRN's} are private credit. we the People do ordain a constitution to provide restrictions on public employees ie: Govnt. and we the People are the "good faith and credit of America" and as creditors are due the returns on investments and use of our stuff.....
Contracts are superior to constitutions, they are specifically singled out/exempt fro constitutional obligations/restrictions.
private contracts require volunteerism. both parties to
DanielShaysRebellion 4 months ago
@DanielShaysRebellion contracts must agree to terms to be valid contract.....private FRN's are private contract so try to not use private credit and only public constitutional money/notes/script/coins/currency.......
technically we are volunteering to use FRN's, though no adequate supply of public money {beyond coins} exists.
Title 26 is not codified as positive law,..... it is private law and thus also voluntary though you better understand all your contracts, and be honorable with them
pax
DanielShaysRebellion 4 months ago
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@Clausewitzz Agreed, fractional reserve is folly for all but the bank, but a closed system needs a substantive backing or someone will hoard us into scarcity. Money facilitates a transaction, not all transactions are debt. substance G&S or wheat, oil, chickens, labor creates a value which can settle a debt. If I accidentally break you arm, and cannot say "oops here's $", I can give you value by doing your chores till you heal or give you food till you can work again. substance not fiat
DanielShaysRebellion 5 months ago
@Clausewitzz Agreed, fractional reserve is folly for all but the bank, but a closed system needs a substantive backing or someone will hoard us into scarcity. Money facilitates a transaction, not all transactions are debt. substance G&S or wheat, oil, chickens, labor creates a value which can settle a debt. If I accidentally break you arm, and cannot say "oops here's money", I can give you value by doing your chores till you heal or give you food till you can work again. substance not fiat
DanielShaysRebellion 5 months ago
@DanielShaysRebellion Wouldn't it be better to argue why and not what was written? Should we treat the Const as a bible written by gods? States should be more open to what they accept as payment from its citizens, even a cow if that's all someone has, and they should not make or coin their own money in any fashion to settle their own debts. As an aside, it is more important to me that we are debating these things and less important what is written.
jgbloyd 5 months ago
@jgbloyd I'll debate, not argue. I agree that is best. As a project manager I see that we have fallen off our charter {the constitutions} States cant coin money, that the feds job to make commerce regular between them, Yes? Payment does not always settle a debt, and the State should not take cows and chickens et cetera because then they justify taking barns and paying farmers {of their choice} to handle what the State cannot. Rule of law/constitutions cannot be vague, biblical? NO, Charter Yes
DanielShaysRebellion 5 months ago
@DanielShaysRebellion Wait, you're kewl with the State accepting gold but not other things? You think gold is not so important? If you don't think the State should take anything of real value, then why go to gold? Might as well keep paying the State in fiat paper, no?
jgbloyd 5 months ago
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@DanielShaysRebellion Wait, you're kewl with the State accepting gold but not other things? You think gold is not so important? If you don't think the State should take anything of real value, then why go to gold? Might as well keep paying the State in fiat paper, no?
jgbloyd 5 months ago
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@jgbloyd I'll debate, not argue. I agree that is best. As a project manager I see that we have fallen off our charter {the constitutions} States cant coin money, that the feds job to make commerce regular between them, Yes? Payment does not always settle a debt, and the State should not take cows and chickens et cetera because then they justify taking barns and paying farmers of their choice to handle what the State cannot. Rule of law/constitutions cannot be vague, biblical? NO, Charter Yes
DanielShaysRebellion 5 months ago
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The series that have warned Western citizens
Search For
"BUSH OBAMA DESTROYED US ARMY"
eliasmouawad 5 months ago
WHOO BILL STILL ON RT, I've been waiting ages for this.
HWGuyEG 5 months ago
Thanks Max, LMAO.
Garyscott7 5 months ago
I think Bill is making 2 mistakes. 1) a treasury controlled quantity does not guarantee discipline in printing and 2) a gold standard does not automatically allow continued fractional reserve system. That depends on what rules are actually implemented with the system. The benefit with gold backing without fractional reserves is that imposes that discipline. And to give some leeway it might not be fixed gold price but a variable band of M3 where POG automatically moves with quantity.
PeaknikMicki 5 months ago
Bill still is right about one thing: What matters is who creates money. That is why we can't have paper currency. Paper currency is always created by a central authoriy that will eventually be corrupted. Gold, silver, platinum, and palladium cannot be created by anyone and therefor that is what we should use. It's pretty simple.
Dziaji 5 months ago
Art I sect 8 of the Constitution says Congress may coin money. Art I sect 10 says states may only accept gold & silver in payment of debts.
faulconandsnowjob 5 months ago
Ben Bernanke will grace the new billion dollar bill
faulconandsnowjob 5 months ago
Cool Hwip
minimop90 5 months ago
Where are the falling bankers??
Yes, Max!
5147848amp 5 months ago
one ought to share this with everone they know.
ConstitutionBenFrank 5 months ago
stacy the babe..
chadberry75 5 months ago
Obama 9-9-11 speech on the American Jobs Act. He states: "We make things happen". In reverse heard is: "I shall damn you".
staywithtruth 5 months ago
Bill Still has uncovered the crime of the century. Monetary reform dwarfs everything else.
sozfan1 5 months ago 35
@sozfan1 Bill Still didn't uncover this. The Austrian school economists have been warning for hundreds of years about fiat money and central banking.
joepeeler34 5 months ago
@joepeeler34 interestingly, austrians are quick to identify the problem with fractional reserve lending but fall short of solutions
sozfan1 5 months ago