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Erm.. They're actually Aussies but the humour is pretty similar to British humour. In fact this reminds me a lot of Bird and Fortune's financial crisis. If you haven't seen it check it out. It's hilarious!
@LaraDing I realized they were Ausssies later on...in Canadian history believe it or not they taught us that Aussies were Brittish convicts sent floating to Australia!
@lucy9359 The first convict fleet was sent from Britain to Australia in 1778, two years after the lost the American colonies. Britain needed another country to continue produce goods and maintain it's status. I think convict transportation went on for around a hundred years. During this time the local inhabitants suffered terribly. Eventually the 'British' settled into farming and mining and by the 20th century people were emigrating to Australia from all over the world.
@LaraDing Kevin Rudd eventually apologised to the Aboriginal peoples for what British colonisation had done to their culture and communities. As far as I am aware, they still don't get much of a look-in in society.
@LaraDing thanks interesting to know about a fellow Western Country....what is the population of Australia then as it seems to have a great deal more moral decay in it than Canada as of yet...not that the moral atmosphere isn't declining in Canada as well it has been going down hill the past decade here....
@lucy9359 I think there is moral decay everywhere. It's just that some people are more open to talking about it. I do get the feeling that Canada is a pretty cool place though.
@LaraDing it is still safe here and people are very laid back and trusting but Toronto, & Montreal are getting rough...Vancouver's east side is laiden with drug addicts however as is the Canadian mind set they are nicer than in other Countries...as dumb as that sounds in this Country culturally speaking it is how it is...to bad the populations from other Countries who mostly imigrate to Toronto didn't realize that! Where I live you can leave your purse in your car if you like!
@lucy9359 Standard British practice at the time was to build colonies and cultivate new lands with prison labour, it just went on in longer in Oz than it did in the US and Canada, probably because our gold rush was the last really big one.
Discover the few simple changes to banking that would reduce debt, poverty and economic instability and that would ensure that the reckless behaviour of banks could never threaten the global economy again.
Join the campaign for real reforms to banking at positivemoney
STUMBLEUPON SERVES BETTER THEN RAY-WILLIAM-JOHNSON. HE REVIEW THOSE VIDEOS WHICH EVERYONE ALREADY KNOW ABOUT . BUT STUMBLEUPON FINDS U THE REAL HIDDEN GEMS.
RWJ IS GOOD BUT PEOPLE SHOULD KNOW WHO'S THE BOSS
HEY STUMBLERS COPY-PASTE THIS COMMENT LIKE VEVO-HATERS DID WITH VEVO
@gabigowriel What's the best way to rob a bank?------Own one!
My friends, when I went to Washington I went into your money-house and I had some young men with me, but none of us took any money out of that house. At the same time, when your Great Father's people come into my country, they go into my money-house and take money out.
---Long Mandan - Sioux
Tired of the so-called elites! Psychologists say that 1% of people are psychopaths.Enough said!
Well Zeigheist the movie was alot of made up false information. How can i expect the sequels to be any better? How can you promise it's bang on when its history is demonstrably weak? I've never heard of the american dream..... will check it out.
hehe I always asked myself: If every country in the EU has got its own debt sooooo... how do they get all the money from the dotations? now I got my answer FROM NOWHERE! xD
Before u generalize, the problem isnt with moderate torah following jews, rather satanic zionist jews who believe the rest of the world are gentiles who are to serve them in this life
goldmans sachs, lehman brothers, citi group rotshchild are all jewish scum banks that robbed and cause this global collapse, those are wicked jewish ppl that hitler hated cause of their dominate, learn - the protocol of zion
Money creation does not work like that. They have no idea. The real creation as in the fractional reserve system is so absurd we will be rolling if that is explained these two.
This video is spreading a key piece of misinformation: That banks lend out money they have borrowed. The fact is that bank simply create the money they lend out by a click on the keyboard. This is what is called fractional reserve banking. Check out the video "Money from debt" for a fun introduction to how mone actually is created.
Oh..... remember.... I'm just one of the "retard who doesn't get it"..... So keep listening to the crazy child lost in a world of bullshit as he runs around the room screaming about alien reptilians who live in the hollow earth taking over the economy. Obviously a true enlightened genius.
everything is working towards making the banks richer. and to what ends, they dont pay our pensions or make new roads. the fat cats are too rich already.
These guys are a breath of fresh air after only being exposed to the preachy assholes at the Daily show for so long. Their class and ways with words bring me an odd type of tranquility. Colbert report is still funny thou.
@etniks69 They're making a joke of a perception people hold. This isn't part of some global conspiracy, they had a point to make, made it, got a laugh. It's not very complex. They've done plenty of jokes which point out the crazyness you talk of, get a grip.
Perhaps you find it a "joke" the calamity befalling on the US and the world today, with people losing their homes and their jobs while scumbags like these are being "funny" about this mess.
You sound like you're having a ball, as detached from the carnage that is and will become much worse as we go on into long night of these worst depression in the history of man.
@etniks69 Seriously dood. You are miles off the mark. Just go watch 1-2 more of these guys videos. This isn't some propaganda team at work but just political satire. Something that doesn't exist in the US apart from TheOnion. Get the fuck over yourself and gain some perspective.
@etniks69 See where this goes..... He's so deluded that he believes I'm an agent working for "them", you know, the people who made these comedians make this clip because it keeps us enslaved....
@MrVicist Checkout Poe's Law :-) "It is impossible to make a parody of a fundamentalist". etniks is right, the money is just leverage and bullshit, but he's just so wrapped up in knowing the "truth" that he has lost the plot.
One thing I find funny is the CommBank kids school program history which is stuck in peoples heads. Some people still think "I banked with you for 14 years, doesn't that mean you should give me a loan??" or "If I put money in a bank account it grows!"
@MrVicist New money is created through debt. It's very simple. To expand (inflate) the money supply (and lowering interest rates) the Fed buys government bonds either from the treasury or the open market. Regardless, the government gets the money and spends it into the economy. Then the money supply is expanded again through corporate banks at a 9-1 ratio (10% reserve ratio on most loans).
so now , the money for the house goes cash to you , the bank profit is the APR , so how possible is it loaning 50 times higher than what it have if it pays for the full price in cash ?
In the Reserve Banking System retail banks are allowed to lend up to 9 times their actual depositor's money, if they follow the law.
Bear Sterns bank had lent 34 times its capital base when it went bankrupt in 2008. But there are cases with Goldman Sachs that have lent up to 333 times their real cash.
BANKS LEND MONEY THEY DON'T HAVE as part of this fraudulent system, and never create the money to pay the interest, so someone is always short to pay his/her debts.
@etniks69 Thanks for the references , I watched Zeitgeist and I am familiar with the term of creating money from thin air, but I want to understand here what it means on the ground, like if they lend money more than they have , the only way possible is that they print money to do that , which doesn't happen , the other alternative is that they ask the FED for printing money for it , or they tell the FED lend me 10 billions of $ as long as I have not less than 1 billions of depositor's money ?
@mryellow123 um not really I am not buying everything in Zietgist , but , yes there is something fishy going on , yes there are greedy elite that trying to make personal profit above the public interest, its nothing new its happening since dawn of man , the thing is , u can't anymore claim democratic system is good when u bail out banks with trillions of dollars while corps ships jobs overseas and banks kick man out of his house because he lost his job for someone in china
@xexooo Yeah "systems" come and go, the religion of free-market forces didn't work out so well. True things are falling apart, true there are people with some control over events which effect their businesses, true the underlying system relies on people at the top being corruptable, which they almost always are.
At the end of the day it isn't some alien overlord conspiracy, there is no "them" to seek out as the "enemy", there is only us and the stupid choices we all make.
@xexooo Then we have people like etniks69, so caught up in a mind-virus of fear that they can't even look at comedy anymore without seeing reptilian overlord controllers attempting to wash their brain.
Many wish to look for "the Illuminati", "them", "skull and bones" etc. This is nothing short of pretending it's the "fault" of someone else.
Who is pushing for Coal Seam Gas? We are. Want cheap energy/fuel?
OK let me try to explain. 97% of the money in circulation ONLY exists in COMPUTERS. Only 3 to 5% of money is actually printed.
When you get a bank loan, they open an account and deposit the money. That's it. They didn't print anything, they only made a computer entry and you have the money in the account. You spend it mostly with checks and credit cards, not cash.
Email me so I can send you all the links to explain it. ETNIKS at gmail
@etniks69 Explain to you what? Something which was in no way, shape, or form, the point of this video?
It's pretty simple mate..... This video is called comedy. It contains satire. You missed this because you were too busy looking for accurate financial information in a comedy skit.
I'm sure these guys would tell the joke you want them to tell, given the chance. This video has a different punchline to the one you want. No conspiracy, just not the joke you wanted.
@etniks69 yes thats true , after I thought about it , most money are not printed , when the gov bail out banks with trillion dollars , those money are digital , because when the people pay the taxes they pay them digitally , if you followed back all of this money in the end , they should represent the taxes the individuals and corps paid , and the more tax you pay means you have larger income or larger business
Where did the FED get those TRILLIONS of dollars to bail out US and European banks? OUT OF NOTHING.
THEY JUST CREATED THEM OUT OF THIN AIR. The FED has NO MONEY, they just make it up as they go as part of this sick FRACTIONAL RESERVE BANKING GAME. They punch keys in a computer
IT HAS TO END.
We need new GREENBACKS Lincoln Style, Interest-FREE created by the treasury, And Demand all private banks FUND 100% ALL LOANS.
STOP "LEVERAGING" . NO MORE LENDING MONEY THEY DON'T HAVE.
@etniks69 Actually the muslims in the past before they were introduced to western banking system had interesting concept , if you go to someone and borrowed money for your business , he doesn't charge you interest but he share part of the profit with you , and he share your lose too , if the borrower lost 30% the money you can have only 70% of your money back , and if he gained profit you share some of that with him , and this actually make no room for inflation
@xexooo Apply for loan-eg 100.Bank checks wat CASH you withdraw each week/month-eg 10%(the rest u swipe with payment card)They get you to sign a promise to pay(with interest) then CREATE 100(in computer digits)+tap those figures into your account.The 10% CASH is borrowed from the central bank(at national interest rate eg 1%)Ur bank pays that but adds it to your loan!!(Ur bank always charges more than the national rate)Now you start payin back what DID NOT EXHIST until you lent it! =A Debt Slave!
That really isn't the half of the ridiculousness. If anyone is interested and wisesh to be truly appalled look up a video called 'Money as debt', on the fractional reserve system and then never sleep again. One copy here oguCNqCE0Kc
@MultiParsley 100% on the money ( if u will forgive the pun ) . I do not believe that most people have fully grasped FRACTIONAL RESERVE BANKING . I also have reservations about the people who run the system, their organisations , and their marketing / media releases.
Thing is ,he didn't mention fractional banking system... I give you 1 $ and based on that you can lend 10 or more , depending on the ratio set by the law.
Our monetary system is based on credit or debt, and without constantly continuing issuance of debt, the whole thing falls apart. Our system of ‘fractional reserve banking’ gives commercial banks a licence to literally create money out of thin air. Fractional reserve banking is the cause of spiralling debt.
The biggest public campaign has started to abolish fractional reserve system. Visit the POSITIVE MONEY website and support the campaign...and spread the word!
Our monetary system is based on credit or debt, and without constantly continuing issuance of debt, the whole thing falls apart. Our system of ‘fractional reserve banking’ gives commercial banks a licence to literally create money out of thin air – and then charge interest on the money they created. Fractional reserve banking is the cause of spiralling debt.
A biggest public campaign has started to abolish fractional reserve system. Visit POSITIVE MONEY website and support the campaign.
Jct: Too bad they further the Big Lie that banks lend out their depositors' savings when in reality, they lend out new credits. That's how the reserve ratio money multiplier works. "The banks, of course, do not lend out their depositors' funds. Each and every time a bank makes a loan, new credit is created, brand new money." Graham Towers, Governor of the Bank of Canada, 1939.
It's simple... banks charge you money that simply doesn't exist. Which is why I invest in 99.9% pure gold bullion and gold coins... I know my money is always safe.
The thing is that letting the market sort itself out works perfectly fine unless Brian, as the government, gives him the $700,000,000,000 - government intervention prevents restabilisation and innovation within the existing (and changing) market.
@schizoidchimp Brute has it right here. Inflation is the pumping of money into the system. The symptom of inflation is price increases. Banks like to talk about deflation because they hold assets that have worthless value in the real market and have been bid up because of virtually low interest rates to insane prices. To keep prices high so they dont go bankrupt they pump money into the system by keeping rates at 0%. With current money supply gold should be at $3000/oz. Who is holding the gold??
Great. By the way, the true source and substance of wealth is not money - that's just superstition. Wealth is energy - the ability to do useful work - serving human need. The economic crisis is due to the disproportionate amount of energy wasted on supporting those who perform the relatively trivial work of dishing out the money - mostly to themselves - and they can't even get that right :-)
When you take out a loan, a bank gives you money it does not have. Therefore if you fall behind in payments take them to court and argue two things: 1. They never had the money to lend you in the first place. 2. According to the US Constitution, only gold and silver coin may be used as money, so the money they lent you was illegal in the first place.
Don't call mom coz then were all fucked, just give him the 700bn dollars and wait for them to get tired of playing or for the mother to die of old age. The real problem will not die of old age unfortunately :(
They say ignorance is a bliss, but how many centuries can that last huh? I mean cmon'!... Teach your children how the economy really works, the federal bank that prints your money is as federal as Federal Express, it has nothing to do with your government. Search for Zeitgeist Addendum on the internet and watch it, or if you don't have time, search for "Money - History's Biggest Scam".
it just seems crazy unless there not alowed to prit coin or they can print thesame.usa must print loads so why would anyone borrow of them and they shower every country in paper dollars so they can control them.say someone grassed osama up tomorow (lets pretend hes really wanted ) do u think usa care if his price is 25 mil or 25 bil why would they its paper they just made surley that dosnt affect inflation .seems to me that its a way of stealing resources from poor countrys but i no expert brian
cant watch vid now stops every sec but i dont get why goverment printing coin makes inflation go up yea it would if they gave everyone a bit but they dont it all goes into to the rich accs.and why would say the uk owe china/us money when they will just print it why dont the uk just print what they need to borrow from them.like us gives egypt 1.3 bil a year but they can just print it then they have control over them why dont egypt print 1.3 themselves cant make inflation go up coz theyd have anyw
I think the majority of the people here are failing to see this as the SKIT it was and spiraling off into fact, which I could care less about, jsut the humor of the skit.
Good video however some key factual errors. Banks do not lend money. Certainly not depositors money (which legally they can not lend out).They crate the ILLUSION of lending money by changing your application form into a promissory note. Lots mor down the rabbot hole. Money as Debt videos 1 and 2 are a good start.....
@marcodipolo quite correct . Banks MAY write promisory notes that are secured by 10% of deposits held. They may write promisory notes to another bank......which in turn , repays by means of a promisory note.
It has also been asked why the gold standard was abandoned. Quite simply put, there was not enough money for war repairations ( our biggest single business ? ) . This suited Certain Institutions right down to the ground !
People don't seem to understand that debt only creates more debt. The banks get richer and richer while the econemy gets poorer and poorer which in turn creates what we call a recession.
In a world where there's a set amount of money and where borrowing money creates a dept (the interest attached to borrowing that amount), where does that money needed to pay that interest come from? Answer: It simply doesn't exist.
@savelove21 first look up article 10 section one of the us constitution, then look up executive order 11110. Private Central banks create the problems mostly, US didn't have one b4 1913 why do we need one now.
And how do we fight against this......since it is destroying economies....which are based on the little people. I suppose we stop putting money in their banks?
@Dylsauce its all supposed to look like a joke, comedic and stupid. Satirical humor. The unfortunate thing about satirical humor is that it pokes fun of something thats true...dammit :)
@vly22 your wrong the central banks lend banks money and they have to pay it back,it is quite simple.But because of the lack of being able to look into it without the internet there would not be angry peoplelining up to destroy them,I say being it on.
Finance is the high art of passing money from hand to hand until it completely disappears.
hamnose 3 weeks ago
Hello, Are you an entrepreneur who needs investment into your business? or are you looking to invest in a business?, click on our channel and watch our videos to find out how you can do this. Don't forget to subscribe.
Buymyinvention 3 weeks ago
these guys are funny I love English humour!
lucy9359 3 weeks ago
@lucy9359
Erm.. They're actually Aussies but the humour is pretty similar to British humour. In fact this reminds me a lot of Bird and Fortune's financial crisis. If you haven't seen it check it out. It's hilarious!
LaraDing 3 weeks ago
@LaraDing I realized they were Ausssies later on...in Canadian history believe it or not they taught us that Aussies were Brittish convicts sent floating to Australia!
lucy9359 3 weeks ago
@lucy9359 The first convict fleet was sent from Britain to Australia in 1778, two years after the lost the American colonies. Britain needed another country to continue produce goods and maintain it's status. I think convict transportation went on for around a hundred years. During this time the local inhabitants suffered terribly. Eventually the 'British' settled into farming and mining and by the 20th century people were emigrating to Australia from all over the world.
LaraDing 3 weeks ago
@LaraDing Kevin Rudd eventually apologised to the Aboriginal peoples for what British colonisation had done to their culture and communities. As far as I am aware, they still don't get much of a look-in in society.
LaraDing 3 weeks ago
@LaraDing thanks interesting to know about a fellow Western Country....what is the population of Australia then as it seems to have a great deal more moral decay in it than Canada as of yet...not that the moral atmosphere isn't declining in Canada as well it has been going down hill the past decade here....
lucy9359 3 weeks ago
@lucy9359 I think there is moral decay everywhere. It's just that some people are more open to talking about it. I do get the feeling that Canada is a pretty cool place though.
LaraDing 3 weeks ago
@LaraDing it is still safe here and people are very laid back and trusting but Toronto, & Montreal are getting rough...Vancouver's east side is laiden with drug addicts however as is the Canadian mind set they are nicer than in other Countries...as dumb as that sounds in this Country culturally speaking it is how it is...to bad the populations from other Countries who mostly imigrate to Toronto didn't realize that! Where I live you can leave your purse in your car if you like!
lucy9359 3 weeks ago
@lucy9359 Standard British practice at the time was to build colonies and cultivate new lands with prison labour, it just went on in longer in Oz than it did in the US and Canada, probably because our gold rush was the last really big one.
Tapecutter59 3 weeks ago
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PositiveMoneyUK 3 weeks ago
You guys are briliant! I just subbed you:)
lerch25 3 weeks ago
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STUMBLEUPON SERVES BETTER THEN RAY-WILLIAM-JOHNSON. HE REVIEW THOSE VIDEOS WHICH EVERYONE ALREADY KNOW ABOUT . BUT STUMBLEUPON FINDS U THE REAL HIDDEN GEMS.
RWJ IS GOOD BUT PEOPLE SHOULD KNOW WHO'S THE BOSS
HEY STUMBLERS COPY-PASTE THIS COMMENT LIKE VEVO-HATERS DID WITH VEVO
uditgupta21 4 weeks ago
some ships are built so the front doesn't fall off at all
metalebd 1 month ago
great job! i just learned in 3 min how the economy really works economics 101
AcadianHome 1 month ago
Pure Genius!
5650170 1 month ago
@osityan watch part 1 of Zeitgeist Addendum. It will show you the evidence.
bmatthews15 1 month ago
and who owns all the debt?
geoffroymen 1 month ago
@geoffroymen the jews!!!1!1!111
fingerspear 1 month ago
AUSTRALIA FTW
RealNewsAustralia 1 month ago
sakto gyud kaayo ang inyo explenasyon...tugma gyud!!!!
thegreatsky2011 1 month ago
Give a man a gun and he can rob a bank.Give a man a bank and he can rob the world.
---Unknown
bozolazic 1 month ago 47
@bozolazic YOU GOT THAT RIGHT... MONEY=THE BIGGEST GRAND THEFT IN HUMAN HISTORY...
should have sticked with gold ONLY...
gabigowriel 1 month ago
@gabigowriel What's the best way to rob a bank?------Own one!
My friends, when I went to Washington I went into your money-house and I had some young men with me, but none of us took any money out of that house. At the same time, when your Great Father's people come into my country, they go into my money-house and take money out.
---Long Mandan - Sioux
Tired of the so-called elites! Psychologists say that 1% of people are psychopaths.Enough said!
bozolazic 1 month ago
How accurate is this satirical explanation?
osityan 1 month ago
@osityan It's bang on, I can promise you that.
Search and watch these two documentaries for a more educational extensive explanation:
"The American Dream Film" & "Zeitgeist Addendum".
These are both great, entertaining and informative videos.
I hope you enjoy them!
x
brucegalliver 1 month ago
@brucegalliver
Well Zeigheist the movie was alot of made up false information. How can i expect the sequels to be any better? How can you promise it's bang on when its history is demonstrably weak? I've never heard of the american dream..... will check it out.
osityan 1 month ago
@osityan Correct, there were some things (especially the 9/11 nutty theories, etc) in the first Zeitgeist movie that were... well just false.
The second one is much, much better though.
rjc34 1 month ago
@osityan It actually makes it seem less worse than it is.
fingerspear 1 month ago
"So concerned are we to build a better Australia-
"You helped build a worse America."
Ya, well that was an accident Byran..."
Trololol
Phonoise 1 month ago
hehe I always asked myself: If every country in the EU has got its own debt sooooo... how do they get all the money from the dotations? now I got my answer FROM NOWHERE! xD
Anarchizer 1 month ago
i know they just explained it, but I still don't understand
Zee96969696 1 month ago
the most important question they left out was: where do i get they money to pay the interest on my loans if that money doesn't even exist?
darrenbennett44 1 month ago
@darrenbennett44 they print more money and then loan it to you...
AGAIN...
so you'll never EVER get rid of debt...
so YOU=SLAVE
MONEY SLAVE that is...
the guy that invented paper money instead of gold must have got this ideea from SATAN HIMSELF...
gabigowriel 1 month ago 3
@darrenbennett44 LOL people are just realizing this. You don't get it, you sell your life to slavery to the banks.
fingerspear 1 month ago
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Give a man a gun, he can rob a bank. Give a man a bank, and he can rob the world
kingrac7864 1 month ago
lol. very brief explanation. invisible money floating in the air is the definition of our economy. but we fucked up somewhere down the line
landerssd 1 month ago
1.33 secs says it all, wkd
eltb82 2 months ago
This pair are just awesome, and have been for years
hawktalisman 2 months ago
Before u generalize, the problem isnt with moderate torah following jews, rather satanic zionist jews who believe the rest of the world are gentiles who are to serve them in this life
alfstubedin 2 months ago
goldmans sachs, lehman brothers, citi group rotshchild are all jewish scum banks that robbed and cause this global collapse, those are wicked jewish ppl that hitler hated cause of their dominate, learn - the protocol of zion
idrismetalcore 2 months ago
@idrismetalcore What a load of bigoted clap trap
KincumberBoy 2 months ago
Comedic satire, gotta’ love it.
TheSdchurch 2 months ago
Money creation does not work like that. They have no idea. The real creation as in the fractional reserve system is so absurd we will be rolling if that is explained these two.
hennomarais 2 months ago
lol
Taught77 2 months ago
Quality. :)
0ct0parr0t 2 months ago
brilliant
DeOndertoon 2 months ago
This video is spreading a key piece of misinformation: That banks lend out money they have borrowed. The fact is that bank simply create the money they lend out by a click on the keyboard. This is what is called fractional reserve banking. Check out the video "Money from debt" for a fun introduction to how mone actually is created.
spellegras 2 months ago
jews control world economy
idrismetalcore 2 months ago
@idrismetalcore Racists and racist views are really not appreciated by anyone here
lozabessa 2 months ago
@lozabessa uneducated rats and jewish paid scums are not allowed here,
idrismetalcore 2 months ago
Does anyone else think this sounds like Troll Science?
Elzebub666 3 months ago
@Elzebub666 Welcome to Clarke and Dawe.
Badmusicpeoplelove 2 months ago
the 7 people that disliked this must be bankers
fastboyslim1 3 months ago in playlist More videos from thetonkins
This monetary terrorism is coming to a grinding halt because it's not an infinite system.
FictionCautious 3 months ago
Lmfao brillient...and thats how they screw us lol...and we let them ...
satchwannad1 3 months ago
Oh..... remember.... I'm just one of the "retard who doesn't get it"..... So keep listening to the crazy child lost in a world of bullshit as he runs around the room screaming about alien reptilians who live in the hollow earth taking over the economy. Obviously a true enlightened genius.
mryellow123 3 months ago
lol
accd1d 3 months ago in playlist More videos from thetonkins
And starring the financial media as 'mum'.
Faboba 3 months ago
banks should be government owned so the profits help the people.
jarvis612 3 months ago
everything is working towards making the banks richer. and to what ends, they dont pay our pensions or make new roads. the fat cats are too rich already.
jarvis612 3 months ago
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Ron Paul 2012! End the Fed! End the QE!
danlufan 3 months ago
These guys are a breath of fresh air after only being exposed to the preachy assholes at the Daily show for so long. Their class and ways with words bring me an odd type of tranquility. Colbert report is still funny thou.
Darkonia 3 months ago
"يَمْحَقُ اللّهُ الْرِّبَا وَيُرْبِي الصَّدَقَاتِ"
Excelsoft 3 months ago
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lol. "but that money is safe with me... and then i can give it away to some random companies"
r3ntapwnag3 4 months ago in playlist Primerica
etniks69 - its a joke retard...they are mocking the system...
RogueRecordsAmerica 4 months ago
@RogueRecordsAmerica
George Carlin also "mocked the system" but he presented the truth.
These scumbags are perpetuating a lie because the system DOESN'T WORK they way they are presenting it.
It is called misinformation in order to fool you.
The retard is the one who DOESN'T GET IT.
etniks69 3 months ago
@etniks69 They're making a joke of a perception people hold. This isn't part of some global conspiracy, they had a point to make, made it, got a laugh. It's not very complex. They've done plenty of jokes which point out the crazyness you talk of, get a grip.
mryellow123 3 months ago
@mryellow123
Perhaps you find it a "joke" the calamity befalling on the US and the world today, with people losing their homes and their jobs while scumbags like these are being "funny" about this mess.
You sound like you're having a ball, as detached from the carnage that is and will become much worse as we go on into long night of these worst depression in the history of man.
You really don't have a clue.
etniks69 3 months ago
@etniks69 Seriously dood. You are miles off the mark. Just go watch 1-2 more of these guys videos. This isn't some propaganda team at work but just political satire. Something that doesn't exist in the US apart from TheOnion. Get the fuck over yourself and gain some perspective.
mryellow123 3 months ago
@mryellow123
I see you're very active around this log. One would think you have some sort of interest in propping up these two idiots.
Oh wait! is it perhaps because you're one of them? ha ha ha
Who's talking about reptilians but yourself?
You dish out SPIN as much as the video does. Are you sure you're not one of these fools? because you sure sound like them.
No wonder you're defending "them" (yourself) You're so phoney.... ha ha ha
etniks69 3 months ago
@etniks69 See where this goes..... He's so deluded that he believes I'm an agent working for "them", you know, the people who made these comedians make this clip because it keeps us enslaved....
mryellow123 3 months ago
@mryellow123 But you're so "active around this log".
MrVicist 3 months ago
@MrVicist oh I must be CIA then....... Obviously the most logical and sane conclusion.
mryellow123 3 months ago
@mryellow123 Exactly what I was thinking. Either the CIA, or John Clark.
MrVicist 3 months ago
@MrVicist and that doesn't sound stupid to you?
My statement is simple..... Yes the system doesn't work like this. BUT. That's not the fuckin point of this JOKE!
mryellow123 3 months ago
@mryellow123 Yep I was being sracastic. etniks69, on the other hand, does sound stupid to me.
If the system DID work like this, the comedy would be lost.
MrVicist 3 months ago
@MrVicist Checkout Poe's Law :-) "It is impossible to make a parody of a fundamentalist". etniks is right, the money is just leverage and bullshit, but he's just so wrapped up in knowing the "truth" that he has lost the plot.
One thing I find funny is the CommBank kids school program history which is stuck in peoples heads. Some people still think "I banked with you for 14 years, doesn't that mean you should give me a loan??" or "If I put money in a bank account it grows!"
mryellow123 3 months ago
@mryellow123 Very, very true. etniks has just chosen the wrong video on which to make his point.
MrVicist 3 months ago
@MrVicist New money is created through debt. It's very simple. To expand (inflate) the money supply (and lowering interest rates) the Fed buys government bonds either from the treasury or the open market. Regardless, the government gets the money and spends it into the economy. Then the money supply is expanded again through corporate banks at a 9-1 ratio (10% reserve ratio on most loans).
shazmodan 3 months ago
@shazmodan Yep, but why are you telling me this?
MrVicist 3 months ago
This video is a FRAUD.
It is lying about how loans actually work.
Banks lend 10 to 50 times the money they have as deposits, which means they lend out money THEY DON'T HAVE!!!
Private banks charge interest on money they don't have, but "create" out of thin air when we sign a loan.
This is FRAUD, but politicians have allowed it and the courts enforce this FRAUD.
WAKE UP!! Let's end FRACTIONAL RESERVE BANKING.
THIS VIDEO PERPETUATES A LIE.
etniks69 4 months ago
@etniks69 lol @ you being dumb
mryellow123 3 months ago
@mryellow123
I see your powers of persuasion at work.
etniks69 3 months ago
@etniks69 I don't get it , now I want to buy a house , and you want to sell your house , I ask the bank X for loan,
Me : please give me some money for a house
Bank X : well , is your credit score high enough ? Aka are you trustworthy to pay back ?
Me : well yes I am
Bank X : well her you go , lets contact etniks69
etniks69 : I need 250K for it cash and now:
Bank X : here you go , we own it now , Xexoo , we will allow you to live in the house and its in your name as long as you pay
xexooo 3 months ago
@xexooo
I understand when you say "I don't get it", because it took me a long time of learning about it until I finally got it.
NOT EASY TO EXPLAIN IT IN 500 CHARACTERS.
Please google MONEY AS DEBT to watch the 47 minute video where it's explained in detail.
Also google MONEY MASTERS for even more detail.
Google ZEITGEIST Addendum and you have another tip.
WE HAVE TO END FRACTIONAL RESERVE BANKING and force banks to lend 100% funded loans. NO MORE FRAUDULENT "LEVERAGE",.
etniks69 3 months ago
so now , the money for the house goes cash to you , the bank profit is the APR , so how possible is it loaning 50 times higher than what it have if it pays for the full price in cash ?
xexooo 3 months ago
@xexooo
In the Reserve Banking System retail banks are allowed to lend up to 9 times their actual depositor's money, if they follow the law.
Bear Sterns bank had lent 34 times its capital base when it went bankrupt in 2008. But there are cases with Goldman Sachs that have lent up to 333 times their real cash.
BANKS LEND MONEY THEY DON'T HAVE as part of this fraudulent system, and never create the money to pay the interest, so someone is always short to pay his/her debts.
It's a PONZI.
etniks69 3 months ago
@etniks69 Thanks for the references , I watched Zeitgeist and I am familiar with the term of creating money from thin air, but I want to understand here what it means on the ground, like if they lend money more than they have , the only way possible is that they print money to do that , which doesn't happen , the other alternative is that they ask the FED for printing money for it , or they tell the FED lend me 10 billions of $ as long as I have not less than 1 billions of depositor's money ?
xexooo 3 months ago
@xexooo ugh tell me he didn't cite Zeitgeist as a reason for this being the Illuminati controlling the world through jokes?
That movie is some of the worst "information" ever published and confused a lot of people with it's fear based sales technique.
mryellow123 3 months ago
@mryellow123 um not really I am not buying everything in Zietgist , but , yes there is something fishy going on , yes there are greedy elite that trying to make personal profit above the public interest, its nothing new its happening since dawn of man , the thing is , u can't anymore claim democratic system is good when u bail out banks with trillions of dollars while corps ships jobs overseas and banks kick man out of his house because he lost his job for someone in china
xexooo 3 months ago
@xexooo Yeah "systems" come and go, the religion of free-market forces didn't work out so well. True things are falling apart, true there are people with some control over events which effect their businesses, true the underlying system relies on people at the top being corruptable, which they almost always are.
At the end of the day it isn't some alien overlord conspiracy, there is no "them" to seek out as the "enemy", there is only us and the stupid choices we all make.
mryellow123 3 months ago
@xexooo Then we have people like etniks69, so caught up in a mind-virus of fear that they can't even look at comedy anymore without seeing reptilian overlord controllers attempting to wash their brain.
Many wish to look for "the Illuminati", "them", "skull and bones" etc. This is nothing short of pretending it's the "fault" of someone else.
Who is pushing for Coal Seam Gas? We are. Want cheap energy/fuel?
Who wants cheap credit?
Who is asking for unsustainable growth?
mryellow123 3 months ago
@xexooo
OK let me try to explain. 97% of the money in circulation ONLY exists in COMPUTERS. Only 3 to 5% of money is actually printed.
When you get a bank loan, they open an account and deposit the money. That's it. They didn't print anything, they only made a computer entry and you have the money in the account. You spend it mostly with checks and credit cards, not cash.
Email me so I can send you all the links to explain it. ETNIKS at gmail
etniks69 3 months ago
@etniks69 Explain to you what? Something which was in no way, shape, or form, the point of this video?
It's pretty simple mate..... This video is called comedy. It contains satire. You missed this because you were too busy looking for accurate financial information in a comedy skit.
I'm sure these guys would tell the joke you want them to tell, given the chance. This video has a different punchline to the one you want. No conspiracy, just not the joke you wanted.
Email you? Fuck no.
mryellow123 3 months ago
@etniks69 yes thats true , after I thought about it , most money are not printed , when the gov bail out banks with trillion dollars , those money are digital , because when the people pay the taxes they pay them digitally , if you followed back all of this money in the end , they should represent the taxes the individuals and corps paid , and the more tax you pay means you have larger income or larger business
xexooo 3 months ago
@xexooo
Where did the FED get those TRILLIONS of dollars to bail out US and European banks? OUT OF NOTHING.
THEY JUST CREATED THEM OUT OF THIN AIR. The FED has NO MONEY, they just make it up as they go as part of this sick FRACTIONAL RESERVE BANKING GAME. They punch keys in a computer
IT HAS TO END.
We need new GREENBACKS Lincoln Style, Interest-FREE created by the treasury, And Demand all private banks FUND 100% ALL LOANS.
STOP "LEVERAGING" . NO MORE LENDING MONEY THEY DON'T HAVE.
etniks69 3 months ago
@etniks69 Actually the muslims in the past before they were introduced to western banking system had interesting concept , if you go to someone and borrowed money for your business , he doesn't charge you interest but he share part of the profit with you , and he share your lose too , if the borrower lost 30% the money you can have only 70% of your money back , and if he gained profit you share some of that with him , and this actually make no room for inflation
xexooo 3 months ago
@xexooo Apply for loan-eg 100.Bank checks wat CASH you withdraw each week/month-eg 10%(the rest u swipe with payment card)They get you to sign a promise to pay(with interest) then CREATE 100(in computer digits)+tap those figures into your account.The 10% CASH is borrowed from the central bank(at national interest rate eg 1%)Ur bank pays that but adds it to your loan!!(Ur bank always charges more than the national rate)Now you start payin back what DID NOT EXHIST until you lent it! =A Debt Slave!
Slave2PaperWithInkOn 1 month ago
THis is funny!
jmitterii2 4 months ago
wtf?
Kumari117 4 months ago
That really isn't the half of the ridiculousness. If anyone is interested and wisesh to be truly appalled look up a video called 'Money as debt', on the fractional reserve system and then never sleep again. One copy here oguCNqCE0Kc
MultiParsley 4 months ago
@MultiParsley 100% on the money ( if u will forgive the pun ) . I do not believe that most people have fully grasped FRACTIONAL RESERVE BANKING . I also have reservations about the people who run the system, their organisations , and their marketing / media releases.
tasman763 4 months ago
@MultiParsley ... Seen that and I second your recommendation ...
mrwhispers 4 months ago
Thing is ,he didn't mention fractional banking system... I give you 1 $ and based on that you can lend 10 or more , depending on the ratio set by the law.
climenttp 5 months ago
@climenttp which is only 2% in Europe...
Vlakpage 4 months ago
hahahah "we stick the hydraulics under that" !!!!
chrisvilavelha 5 months ago
Muuuuum...Brian wont let me play with his stuff....
michaelivingstone 5 months ago
This has been flagged as spam show
Our monetary system is based on credit or debt, and without constantly continuing issuance of debt, the whole thing falls apart. Our system of ‘fractional reserve banking’ gives commercial banks a licence to literally create money out of thin air. Fractional reserve banking is the cause of spiralling debt.
The biggest public campaign has started to abolish fractional reserve system. Visit the POSITIVE MONEY website and support the campaign...and spread the word!
PositiveMoneyUK 5 months ago
The next Treasury Secretary!
keggs1961 5 months ago
I rather dig a hole in my backyard at keep my money there.
ragnarok1326 5 months ago
banks were originally intended to look after your money but now,
its to rob every bit they can and create as much profit they can at the cost of whoever.
baretings1 5 months ago
The "Banker" is a fast talker...very slick!
EarthaKit2 5 months ago
True.
Seiku 5 months ago
this guy is a real comedian huh
Ramsez 5 months ago
Most economists are market economists. Mwuahaha!
bougatses 5 months ago
It's funny because it's true.
SCLARK2112 5 months ago
Well done
Zendout1 6 months ago
build better australia and worse america ; Legend
danykurniawan12345 6 months ago 7
1:28 genius! lol
Markitos203 6 months ago 2
This has been flagged as spam show
Our monetary system is based on credit or debt, and without constantly continuing issuance of debt, the whole thing falls apart. Our system of ‘fractional reserve banking’ gives commercial banks a licence to literally create money out of thin air – and then charge interest on the money they created. Fractional reserve banking is the cause of spiralling debt.
A biggest public campaign has started to abolish fractional reserve system. Visit POSITIVE MONEY website and support the campaign.
PositiveMoneyUK 7 months ago
Jct: Too bad they further the Big Lie that banks lend out their depositors' savings when in reality, they lend out new credits. That's how the reserve ratio money multiplier works. "The banks, of course, do not lend out their depositors' funds. Each and every time a bank makes a loan, new credit is created, brand new money." Graham Towers, Governor of the Bank of Canada, 1939.
kingofthepaupers 7 months ago
It's simple... banks charge you money that simply doesn't exist. Which is why I invest in 99.9% pure gold bullion and gold coins... I know my money is always safe.
lank05 7 months ago
The thing is that letting the market sort itself out works perfectly fine unless Brian, as the government, gives him the $700,000,000,000 - government intervention prevents restabilisation and innovation within the existing (and changing) market.
Otherwise a sound and amusing piece.
WiggaMachiavelli 7 months ago
@BrutePUNKROCK my definition of inflation is correct. you're just stating a process that will lead to inflation.
I don't even understand what you're trying to say in the 2nd paragraph, but link me an article describing that view and I will read it.
schizoidchimp 7 months ago
@schizoidchimp Brute has it right here. Inflation is the pumping of money into the system. The symptom of inflation is price increases. Banks like to talk about deflation because they hold assets that have worthless value in the real market and have been bid up because of virtually low interest rates to insane prices. To keep prices high so they dont go bankrupt they pump money into the system by keeping rates at 0%. With current money supply gold should be at $3000/oz. Who is holding the gold??
vincentca2004 5 months ago
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History is repeating itself Again and Again and Again and Again!!
master2030 7 months ago
Great. By the way, the true source and substance of wealth is not money - that's just superstition. Wealth is energy - the ability to do useful work - serving human need. The economic crisis is due to the disproportionate amount of energy wasted on supporting those who perform the relatively trivial work of dishing out the money - mostly to themselves - and they can't even get that right :-)
BINKIE2000 7 months ago
When you take out a loan, a bank gives you money it does not have. Therefore if you fall behind in payments take them to court and argue two things: 1. They never had the money to lend you in the first place. 2. According to the US Constitution, only gold and silver coin may be used as money, so the money they lent you was illegal in the first place.
ThamelasStormrage 8 months ago
"- but shouldnt people be able to afford the things they buy?
- you dont need to afford the things you buy brian. you need to afford the interest in the money you need to borrow in order to afford things"
whoa dude
Prysewhert 8 months ago
many thanks for this video!
Ta4oPleven 9 months ago
You're looking after my money? I think it's better off in my sofa!
I just got charge $5.00 to take out a $20 bill! WOW! Can we revert to paper checks. These banks are getting away with highway robbery!
CALICOTV301 10 months ago 27
@CALICOTV301 The goal of the bank is to RESET your account.
3goldy 6 months ago 9
LMAO hahaha "You help build a worst economy, but that was an accident" haha
Things will sort themselves out, that's what America does lol
CALICOTV301 10 months ago
Comment removed
CALICOTV301 10 months ago
Don't call mom coz then were all fucked, just give him the 700bn dollars and wait for them to get tired of playing or for the mother to die of old age. The real problem will not die of old age unfortunately :(
mgwash13 10 months ago
They say ignorance is a bliss, but how many centuries can that last huh? I mean cmon'!... Teach your children how the economy really works, the federal bank that prints your money is as federal as Federal Express, it has nothing to do with your government. Search for Zeitgeist Addendum on the internet and watch it, or if you don't have time, search for "Money - History's Biggest Scam".
dyablohunter 11 months ago 4
THIS IS FUCKING BRILLIANT! Hahaha!
This shit's got to go - Jaque Fresco
brucegalliver 11 months ago 2
Brilliant!
missjohn316 11 months ago
lol fucking funny.
SkateHigh91 11 months ago 2
MUUUUMM!!
DCdabest 11 months ago 2
it just seems crazy unless there not alowed to prit coin or they can print thesame.usa must print loads so why would anyone borrow of them and they shower every country in paper dollars so they can control them.say someone grassed osama up tomorow (lets pretend hes really wanted ) do u think usa care if his price is 25 mil or 25 bil why would they its paper they just made surley that dosnt affect inflation .seems to me that its a way of stealing resources from poor countrys but i no expert brian
MrGimmedloot 11 months ago
cant watch vid now stops every sec but i dont get why goverment printing coin makes inflation go up yea it would if they gave everyone a bit but they dont it all goes into to the rich accs.and why would say the uk owe china/us money when they will just print it why dont the uk just print what they need to borrow from them.like us gives egypt 1.3 bil a year but they can just print it then they have control over them why dont egypt print 1.3 themselves cant make inflation go up coz theyd have anyw
MrGimmedloot 11 months ago
I think the majority of the people here are failing to see this as the SKIT it was and spiraling off into fact, which I could care less about, jsut the humor of the skit.
Popularitycontestant 11 months ago
@Popularitycontestant you sure will be plenty popular with an attitude like that.
ecclesiasticous 9 months ago
@Popularitycontestant
It's political satire; it's meant to provoke serious thought in an entertaining way.
WiggaMachiavelli 7 months ago
Good video however some key factual errors. Banks do not lend money. Certainly not depositors money (which legally they can not lend out).They crate the ILLUSION of lending money by changing your application form into a promissory note. Lots mor down the rabbot hole. Money as Debt videos 1 and 2 are a good start.....
marcodipolo 1 year ago
@marcodipolo quite correct . Banks MAY write promisory notes that are secured by 10% of deposits held. They may write promisory notes to another bank......which in turn , repays by means of a promisory note.
It has also been asked why the gold standard was abandoned. Quite simply put, there was not enough money for war repairations ( our biggest single business ? ) . This suited Certain Institutions right down to the ground !
tasman763 11 months ago
I love this video.
People don't seem to understand that debt only creates more debt. The banks get richer and richer while the econemy gets poorer and poorer which in turn creates what we call a recession.
In a world where there's a set amount of money and where borrowing money creates a dept (the interest attached to borrowing that amount), where does that money needed to pay that interest come from? Answer: It simply doesn't exist.
lank05 1 year ago
Bloody fantastic, 2 and a half minutes worth more than an hour from some economist hyped up on the crisis hoping to flog a few more books.
just look at the like to dislike ratio, Ive never seen it that good!
Darean51 1 year ago
Fucking banks....do without them.
GanEdenAustralia 1 year ago
Well that was an accident brian, hahahaah
dylanroo 1 year ago
Sry article 1 section ten
Xsteppin 1 year ago
@savelove21 first look up article 10 section one of the us constitution, then look up executive order 11110. Private Central banks create the problems mostly, US didn't have one b4 1913 why do we need one now.
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criseldaprangehkg 1 year ago
That was awesome.
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bnmvghjfyghjtyj 1 year ago
mum! brian wont let me play with his stuff.....it's the only money i've got....you're in for it
imnotftw 1 year ago
And how do we fight against this......since it is destroying economies....which are based on the little people. I suppose we stop putting money in their banks?
savelove21 1 year ago
I'm laughing when I should start crying xD :'(
Kraneloran 1 year ago 3
Why does he say Brian so much?
Dylsauce 1 year ago
@Dylsauce hahahahahahahha brian ... brian xD
Hiiiphop 1 year ago
@Dylsauce its all supposed to look like a joke, comedic and stupid. Satirical humor. The unfortunate thing about satirical humor is that it pokes fun of something thats true...dammit :)
KausheelKumar 1 year ago
it's funny how this is how it actually works mom being the bought off governments
garrethdavis 1 year ago
lmao these guys are hilarious
ryancrazy1 1 year ago
He needs money to buy a fucking wig !
passingc 1 year ago
very good
RANDYROMEN1981 1 year ago
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angelinahollidas1 1 year ago
Wrong. Banks lend no ones dollars. They lend the Central bank's money.
vly22 1 year ago
@vly22 Which are created out of nowhere... quite a business that is.
wainerkorven 1 year ago
@vly22 your wrong the central banks lend banks money and they have to pay it back,it is quite simple.But because of the lack of being able to look into it without the internet there would not be angry peoplelining up to destroy them,I say being it on.
RussMaxable 1 year ago
Hahaha.
WokSz 1 year ago
Comment removed
StuPedassle711 1 year ago 110
@StuPedassle711 Nice!!!
fabianl123fly 1 year ago