He actually testified in Parliament (about why it had lost respect in the Colonies) in 1766, "o a concurrence of causes: the restraints lately laid on their trade, by which the bringing of foreign gold and silver into the Colonies was prevented; the prohibition of making paper money among themselves, and then demanding a new and heavy tax by stamps; taking away, at the same time, trials by juries, and refusing to receive and hear their humble petitions."
@americaneseia because the government doesnt issue money it handed that power to the private banking cartel via the Federal Reserve System act in 1913. The government itself is perpetually in debt and much of our tax dollars are used to pay off the interest that the government owes. In addition, the Fed can issue more money into the system thereby inflating money supply and thus devaluing each dollar's purchase power.
It is both surprising and sad to see that people take information from Youtube videos at face value and believe it. This video is crap. Complete crap. May be you guys should read up a little, a little Macro Economic doesn't kill anyone.
no money , no government , no insane control structures like we have today , a system that meets the needs of everybody on this planet and maintains sustainability not by hindered by asking the question "can we afford it?" , but by simply doing it because it's the right thing to do
that's what The Venus Project is about , join TZM and let all work together to save ourselves from ourselves......
This is a great doc. Best finance decision I ever made was to open a separate account and deposit into it every month 1/12 of the total of all my house, personal and car insurance bills + 100 a month for Holidays and Xmas. I've never had to go into credit card debt to cover anything since 2000 & I've often told the bank to put my credit limit back down or I'll leave them. It's my small, nerdy way of screwing them out of the interest they want from me.
@finnstralian No thats called financial prudence.Using your credit card to pay for every small thing is dumb, and then people complain why they have huge credit card debt.
when we were young, we learnt subjects which are not that applicable to the real working world. i'd love to "teach" these useful videos as a "subject" after shool hours for my kids in future.
Banker's should decide who get the money and who doesn't. Their job is to invest the money to the guy who pays most interest (aka the best investment for the society - they study this)
If they don't do just that, they can pay less to the guy who keeps the money in the bank, and he takes his money away.
This isn't slavery by any more than farmers can enslave us cause they produce all the food.
We can whenever take the money out of a private bank.
@Keyguya You wish you could. If we all tried to take out our money off the private banks, the vast majority of us would end up not getting any back, for the bank would simply NOT HAVE IT.
You are the one with the fundamental flaw: not paying attention.
@Blindcrow2008 Yes, that is true. It is a fractional reserve system. The system is quite dumb really. Biggest problem is the FIAT. At shadowstats there are counters at how much bank credit there is. Fractional reserve system would not be problematic if it wasn't for the govt monopoly.
Anyway, this video is really bad. Whoever came up with inflation being better tax than real taxes is really, really dumb. This video takes the wrong direction making flawed system even more flawed.
HOW ABOUT THIS WE GO TO THE BANK YES WE AND THE BANK CREATE NEW MONEY WE GET £10.000.Say AND THE BANK GETS £10.000 SAY .ALL AT THE SAME TIME ON THE SAME DAY..NO ONE OWES..NO ONE..WE ALL GOT OUR MONEY..AS WE CREATED IT.SO THE old WAYS OF BANKING OUT OF Dated.ALL BANKS AM going uder.UK GOVERNMENTS AT TO BUY ALL THERES AND EU AND USA ....AM LIKE GREASE BANKRUPT NEARLY..ITS GOING TO BE A BIG WW3 THATS Y THERE WARS SOMETIMES TO START NEW WORLD ORDERS AND THE ANWER HERE WITH US
dsglop's channel talks nothing but crap against this vid, peter schiff, ron paul and all truthers everybody should visit him and false flag him since he doesn't accept comments and talks so much crap !
Global governments are riddled with the banker stuggies & allies we would need a global clear & clean out of all parties to be rid of this user age, so prepare thy self is what I think for its no far off noo.
The FED is a crime against the people and should never have been established but the corrupt Senator Nelson W. Aldrich who at the instruction of the bankers got the Federal Reserve Act passed on Christmas eve in 1913 when only a few members of congress were present to vote in the bill
How do we recover the national wealth looted in the form of heavy loans? A loan of say Rs 500 million is sanctioned on the name of industry. Rs 350 million are thrown abroad in forex account & Rs 150 million are invested in the industry. After a few yrs when forex account has jumped to double & industry has returned the invested amount with desired profit bankruptcy is declared. The industry is confiscated & auctioned for a meager amount. The same story is again repeated by the new industrialist
Google - ing anything can be complete fabrications...please by all means look on the internet..but check out some literature as well on modern money mechanics and read it carefully. Dont forget about real books.
You put too much stock in books my friend. Books just like websites can be produced by complete hacks that only wish to spin lies or they wish to make a quick buck and fail to do their research. Anywhere you look there can be fabrications, and mistake. Do not stand too high up on your pedestal of books. In the end it is the mind of the reader that will protect them self from falsehood and trickery.
mozes540 do your research as well, thats exactly what woodrow wilson meant to say. He sold us into slavery like an ignorant fool. We as an American people are quite literally owned by a few people. And President Wilson also died a very lonely, sad, and depressed man.
No one can explain to me, and please do so if you can, why we need to pay a private banking cartel to produce our currency? (At a great cost.)
"e system we have is the one that works"
Yeah, works to make the world banking cartels rich and keep the average person in debt for life. Yeah that works real well.
When the dollar was tied to gold it fluctuated $1.56 in the 40 years it was. Go look into how the dollar has been on a steady decline since the Federal Reserve Act was rushed into law.
300 Billion to AIG no questions asked. GM needed 30 billion .........no soup for you... file bankruptcy an dlay off your workers sell your plants and assets.
Please everyone, spread the news of how much our dollar is really worth and how the banking system works. Go on other youtube videos and spread the news by getting people to watch these videos. We all must be informed of this fraud!!!
'Money As Debt' is, in my opinion, one of the ten BEST, MOST EXCELLENT videos on youtube. Paul Grignon should be given a major award, but its inlikely to happen since the bankers own Hollywood and many award commissions.
this little group of videos should be shown in all the high schools in the country.. but so little is being taught in schools now it'll never happen..
none of this would be even imaginable if there was no greeeeeed and burning lust for power over other humans and nature practiced by a minority of people, they have all the power and all the money and they want to keep it that way
The power structure within the corporate and monetary establishment do certainly want to preserve the "status quo". And resist any change that could potentially jeopardize their power and control.
I really liked your channel and this video. If you need any help getting this video exposed I use a site called tubeviews (dot) net It has really helped like 20 of my main videos get to the top in position.
There is software im using to send atleast 30,000 text message a day advertising my online business...it is amazing. I think they have free demos to try as well.
autotextsender (dot) com and autotextmailer (dot) com
THIS WORKS! Its amazing.. THANK YOU SO MUCH DUDE!!!!!!
This comment has received too many negative votesshow
what took this creep 30 minutes to explain can be told just. like this.. if u dont produce u shouldnt have money. money should be the represantaion equal to the good or labor.. the labor that creats a service or a good.. i figure that out when i was like 9 or 10. so i knew there was a problem when i see people that dont work have it all if they dont produce they are living off someone else.. think about waht im saying before u wright to me.. why are things the way they are.. its simple./
I WISH TO EXPRESS great admiration, and deep thanks for the most educational and important vids on the nature and history of debt, yet seen on the tube.
It is clear why these things have never been explained or taught to us in school and higher education. We need to put this information to good use.
If you don't vote, then you are the one who is the fool, because you are letting others choose for you.
The video is heavy on making the bankers all look like evil slavemasters, but light on describing the steps needed to change things without creating total chaos.
The quote from Wilson : "I am a most unhappy man...." is a lie. See here:
en. wikiquote. org/ wiki/ Woodrow_Wilson
Thus the whole video's veracity is thrown into question.
Also there are too many quotes - waste of time.
Katalupt 6 months ago
@Katalupt Whether or not Wilson said it, the comment itself is wholly true. If Wilson didn't regret it then he was even more ignorant than Bush Jnr.
BOZ11 6 months ago
He actually testified in Parliament (about why it had lost respect in the Colonies) in 1766, "o a concurrence of causes: the restraints lately laid on their trade, by which the bringing of foreign gold and silver into the Colonies was prevented; the prohibition of making paper money among themselves, and then demanding a new and heavy tax by stamps; taking away, at the same time, trials by juries, and refusing to receive and hear their humble petitions."
someonespadre 6 months ago
The Benjamin Franklin quote appears to be mis-attributed.
someonespadre 6 months ago
Inflation is another form of taxation; if most of the public could understand this simple concept it would be tremendously helpful.
someonespadre 6 months ago
yer stepping on the carrots
Almosteasi 7 months ago
some weird contradictions... for instance, why tax at all if government can just make money?
americaneseia 8 months ago
@americaneseia because the government doesnt issue money it handed that power to the private banking cartel via the Federal Reserve System act in 1913. The government itself is perpetually in debt and much of our tax dollars are used to pay off the interest that the government owes. In addition, the Fed can issue more money into the system thereby inflating money supply and thus devaluing each dollar's purchase power.
dsmetaxas 7 months ago
Comment removed
dsmetaxas 7 months ago
The reason this isn't taught is because nobody would believe that Banks create money
through the process of giving somebody a loan. Start a bank, and you are licensed to create money.
Money is imaginary and has NO basis on anything substantial or concrete.
Blastbarnacle 9 months ago
It is both surprising and sad to see that people take information from Youtube videos at face value and believe it. This video is crap. Complete crap. May be you guys should read up a little, a little Macro Economic doesn't kill anyone.
SandipDev 11 months ago
@SandipDev Please explain what you think is crap I'm just trying to understand.
orionstarman 11 months ago
no money , no government , no insane control structures like we have today , a system that meets the needs of everybody on this planet and maintains sustainability not by hindered by asking the question "can we afford it?" , but by simply doing it because it's the right thing to do
that's what The Venus Project is about , join TZM and let all work together to save ourselves from ourselves......
watch?v=4Z9WVZddH9w
iamLI3 11 months ago
This has been flagged as spam show
Срочно нужны деньги?
Кредит 17%. М МО. Без справок и поручителей. Консалтинг 25%. Другие варианты. (495)2200660 2200660@mail.ru
tiblon1 1 year ago
I have heard it claimed by the Federal Reserve that they return 85% of the interest they take in to the government. Is this a fact?
barbh1 1 year ago
This is a great doc. Best finance decision I ever made was to open a separate account and deposit into it every month 1/12 of the total of all my house, personal and car insurance bills + 100 a month for Holidays and Xmas. I've never had to go into credit card debt to cover anything since 2000 & I've often told the bank to put my credit limit back down or I'll leave them. It's my small, nerdy way of screwing them out of the interest they want from me.
finnstralian 1 year ago 2
@finnstralian No thats called financial prudence.Using your credit card to pay for every small thing is dumb, and then people complain why they have huge credit card debt.
SandipDev 11 months ago
@SandipDev you mean it was a prudent decision?
finnstralian 11 months ago
@finnstralian Yes I do. :)
SandipDev 11 months ago
when we were young, we learnt subjects which are not that applicable to the real working world. i'd love to "teach" these useful videos as a "subject" after shool hours for my kids in future.
Vod77 1 year ago
nehorázne zavádzanie a manipulácia!
polyneikos 1 year ago
This video has fundamental flaw.
Banker's should decide who get the money and who doesn't. Their job is to invest the money to the guy who pays most interest (aka the best investment for the society - they study this)
If they don't do just that, they can pay less to the guy who keeps the money in the bank, and he takes his money away.
This isn't slavery by any more than farmers can enslave us cause they produce all the food.
We can whenever take the money out of a private bank.
Keyguya 1 year ago
@Keyguya You wish you could. If we all tried to take out our money off the private banks, the vast majority of us would end up not getting any back, for the bank would simply NOT HAVE IT.
You are the one with the fundamental flaw: not paying attention.
Blindcrow2008 1 year ago
@Blindcrow2008 Yes, that is true. It is a fractional reserve system. The system is quite dumb really. Biggest problem is the FIAT. At shadowstats there are counters at how much bank credit there is. Fractional reserve system would not be problematic if it wasn't for the govt monopoly.
Anyway, this video is really bad. Whoever came up with inflation being better tax than real taxes is really, really dumb. This video takes the wrong direction making flawed system even more flawed.
Keyguya 1 year ago
This has been flagged as spam show
HOW ABOUT THIS WE GO TO THE BANK YES WE AND THE BANK CREATE NEW MONEY WE GET £10.000.Say AND THE BANK GETS £10.000 SAY .ALL AT THE SAME TIME ON THE SAME DAY..NO ONE OWES..NO ONE..WE ALL GOT OUR MONEY..AS WE CREATED IT.SO THE old WAYS OF BANKING OUT OF Dated.ALL BANKS AM going uder.UK GOVERNMENTS AT TO BUY ALL THERES AND EU AND USA ....AM LIKE GREASE BANKRUPT NEARLY..ITS GOING TO BE A BIG WW3 THATS Y THERE WARS SOMETIMES TO START NEW WORLD ORDERS AND THE ANWER HERE WITH US
UTubePressOnline 1 year ago
dsglop's channel talks nothing but crap against this vid, peter schiff, ron paul and all truthers everybody should visit him and false flag him since he doesn't accept comments and talks so much crap !
travelmate4udiddits 1 year ago
Global governments are riddled with the banker stuggies & allies we would need a global clear & clean out of all parties to be rid of this user age, so prepare thy self is what I think for its no far off noo.
fuelban 1 year ago
this shit's fucked up.
I prefer watching ppl getting hurt
Hichemcj 2 years ago
@Hichemcj you just did!
charnel8 1 year ago
The FED is a crime against the people and should never have been established but the corrupt Senator Nelson W. Aldrich who at the instruction of the bankers got the Federal Reserve Act passed on Christmas eve in 1913 when only a few members of congress were present to vote in the bill
xadam2dudex 2 years ago
This has been flagged as spam show
How do we recover the national wealth looted in the form of heavy loans? A loan of say Rs 500 million is sanctioned on the name of industry. Rs 350 million are thrown abroad in forex account & Rs 150 million are invested in the industry. After a few yrs when forex account has jumped to double & industry has returned the invested amount with desired profit bankruptcy is declared. The industry is confiscated & auctioned for a meager amount. The same story is again repeated by the new industrialist
yahoovisitor 2 years ago
Google - ing anything can be complete fabrications...please by all means look on the internet..but check out some literature as well on modern money mechanics and read it carefully. Dont forget about real books.
cod2maz3 2 years ago
@cod2maz3
You put too much stock in books my friend. Books just like websites can be produced by complete hacks that only wish to spin lies or they wish to make a quick buck and fail to do their research. Anywhere you look there can be fabrications, and mistake. Do not stand too high up on your pedestal of books. In the end it is the mind of the reader that will protect them self from falsehood and trickery.
pubcat5 2 years ago 4
It's my understanding that an animator wrote this video. My question is, how does he know so much about economics?
theboombody 2 years ago
basic education
Trangalanga 1 year ago
mozes540 do your research as well, thats exactly what woodrow wilson meant to say. He sold us into slavery like an ignorant fool. We as an American people are quite literally owned by a few people. And President Wilson also died a very lonely, sad, and depressed man.
Jadeintune 2 years ago 3
This is exactly what Zeitgeist 1 and 2 went over.
camreeno360 2 years ago
Comment removed
Mozes540 2 years ago
Like it or not it is the system we have and the system we have is the one that works. Or we'll have to make it work.
ryanhoyt931 2 years ago
No one can explain to me, and please do so if you can, why we need to pay a private banking cartel to produce our currency? (At a great cost.)
"e system we have is the one that works"
Yeah, works to make the world banking cartels rich and keep the average person in debt for life. Yeah that works real well.
When the dollar was tied to gold it fluctuated $1.56 in the 40 years it was. Go look into how the dollar has been on a steady decline since the Federal Reserve Act was rushed into law.
weneedhelp 2 years ago 3
300 Billion to AIG no questions asked. GM needed 30 billion .........no soup for you... file bankruptcy an dlay off your workers sell your plants and assets.
enkelin32 2 years ago
This has been flagged as spam show
Please everyone, spread the news of how much our dollar is really worth and how the banking system works. Go on other youtube videos and spread the news by getting people to watch these videos. We all must be informed of this fraud!!!
NWAsMostWanted 2 years ago
This has been flagged as spam show
Nice try. Keep it up check out esteembpo + com for social media marketing. xcvxc
jeraldmcginnis 2 years ago
Everyone, please google a lot of the facts and quotations used in these videos, lots of them are complete fabrications.
beatmaster8000 2 years ago
'Money As Debt' is, in my opinion, one of the ten BEST, MOST EXCELLENT videos on youtube. Paul Grignon should be given a major award, but its inlikely to happen since the bankers own Hollywood and many award commissions.
LeCommensale 2 years ago 7
this little group of videos should be shown in all the high schools in the country.. but so little is being taught in schools now it'll never happen..
victor2cutube 2 years ago
Looney Tunes.
jscottupton 2 years ago
none of this would be even imaginable if there was no greeeeeed and burning lust for power over other humans and nature practiced by a minority of people, they have all the power and all the money and they want to keep it that way
stjepko357 2 years ago 2
The power structure within the corporate and monetary establishment do certainly want to preserve the "status quo". And resist any change that could potentially jeopardize their power and control.
HarveyRex23 2 years ago
we need jesus!
ramboministry2256 2 years ago
i agree
stjepko357 2 years ago
This has been flagged as spam show
I really liked your channel and this video. If you need any help getting this video exposed I use a site called tubeviews (dot) net It has really helped like 20 of my main videos get to the top in position.
There is software im using to send atleast 30,000 text message a day advertising my online business...it is amazing. I think they have free demos to try as well.
autotextsender (dot) com and autotextmailer (dot) com
THIS WORKS! Its amazing.. THANK YOU SO MUCH DUDE!!!!!!
Vainktesh 3 years ago
This comment has received too many negative votes show
YOu had till the extra terrestrial presence. get the fuck out of here...LOL explain yourself U sound like a nut.PEace
Audi100 3 years ago
This comment has received too many negative votes show
what took this creep 30 minutes to explain can be told just. like this.. if u dont produce u shouldnt have money. money should be the represantaion equal to the good or labor.. the labor that creats a service or a good.. i figure that out when i was like 9 or 10. so i knew there was a problem when i see people that dont work have it all if they dont produce they are living off someone else.. think about waht im saying before u wright to me.. why are things the way they are.. its simple./
carlos22rb 3 years ago
We should federalize the Federal Reserve.
vanostranII 3 years ago 7
@vanostranII - What would that do? Peace!
Lingerfoot 1 year ago
I WISH TO EXPRESS great admiration, and deep thanks for the most educational and important vids on the nature and history of debt, yet seen on the tube.
It is clear why these things have never been explained or taught to us in school and higher education. We need to put this information to good use.
nbm34 3 years ago 29
@nbm34 Absolutely
OBZRV82 1 year ago
This is the most informative video I have ever seen.
I think I learned more about Finance in the last 40 min than in 4 years of college.
essayant2 3 years ago 40
I could not agree with u more. But where from here only Ron Paul had the right finacal views and he is out.
POPSmaroon 3 years ago 6
ugh, fuck the federal government; buncha sick corrupt scumbags
sumrandomaccount420 3 years ago 3
Yea, why dont you wote them of then? Obiously you didnt have any problem putting in the office.
globalglobal 3 years ago
maybe because i dont vote, you ignorant fool! now be gone.
sumrandomaccount420 3 years ago
If you don't vote, then you are the one who is the fool, because you are letting others choose for you.
The video is heavy on making the bankers all look like evil slavemasters, but light on describing the steps needed to change things without creating total chaos.
d041173c 3 years ago
maybe i dont vote because im not over 18, but i'm still well informed and more mature the the average teenager so good game trying to insult me
sumrandomaccount420 3 years ago 3