Was inserting the loud and distracting music in the background (or should I say the foreground, since it was louder than the dialogue) really necessary? It was very annoying, and didn't serve any purpose...
hmmm . . . the second comment posted to this thread by jinjin16 five months ago expressed the same sentiments.
Since this was the first video I'd ever produced, it was something of an experiment in my own learning. While I certainly didn't intend for my meager creative effort to annoy anyone . . . whether the music serves any purpose or not, is debatable. Except for Ron Paul's passing mention of it, I assumed the original clip would otherwise receive little attention from the public.
While I may not agree, gospelnous is the only one making sense. Everyone else is ranting one dimensionally sided single argument. Many people don't understand the need of one but can anyone give me reasons on why one is better? It's simple, no debt=no money
The Depression is part linked with a fall of new loans, since it's part of the monetary theory of creating more money. Before it was in play there was no limits. Please read -all- the facts before forming an opinion. I think it is fair.
Thanks, Trentacus. Whether you agree with my views or not, I appreciate the fact that you're thinking for yourself. I'd like to address a couple of misimpressions though.
First, 'debt' and 'money' are not synonymous (the same thing). 'Money' or 'currency' is a representation of 'value'. Contrastingly, responsible economics can effectively utilize 'debt' to facilitate production.
Richard C. Cook has posed alternatives to current improprieties in recent discussions of C.H. Douglas.
Yes dsvet, that's a great suggestion for students interested in contrasting an 'alternative' background and view to 'traditional' Economics.
In fact, I'd strongly recommend taking the time to visit and familiarize one's self with the Mises Institute's online library. It represents a vast storehouse of material and resources on the subject.
As far as 'the lie' goes . . . I'd challenge Mr. Greenspan's views about how, or why, inflation occurs. Examining the historical record of the relationship (see my, "A Crisis in American Leadership Part 3") between the (central) bank and our government, you'll notice its power to regulate the money supply was granted in reaction to the financial problems the bankers' themselves, devised. This travesty though, only compounded the role of U.S. involvement in WWI, the Great Depression, and WWII.
at 2:00 Greenspan says: its the government that print the money!! NO its not! liar! its the central bank. He said so to make you believe that the central bank is OWN BY THE GOV. witch is not true! ITS A PRIVATE INSTITUTION. It makes is own rule and is has no oversight by anyone. Greenspan is such a crook new world order scum!
I appreciate your comment because you've zeroed in on 'the lie'. Mr. Greenspan is not however, lying in answer to the question, 'Why do we need a central bank?' in saying that fiat money is printed by our government (it is) but, at the central bank's authorization to do so.
When the Federal Reserve (U.S. central bank) was created in 1913, our government not only gave them the power to 'create' money, it also introduced taxation to repay the interest we're charged when we borrow it from them.
Yeah i know the gov gave them power to print the curency trough the federal reserve act of 1913. Everyone need to know this its so important. And also the fact that the gov had already the power to print it without the interest. THIS IS economic 101 and should be teach in every school so people may one day realize the scam the feds are up to. VOTE RON PAUL 2008 FOR THE END OF THE FEDERAL RESERVE.
yep and to all who hate Bush and think hes the worst , well the worst was Wilson . That guy gave us the Federal Reserve and the IRS , and he himself said he had unwittingly ruined America . We have no choice but to change this crap or we will fall , anyone seen the value of a dollar lately ? CMON PEOPLE ! Ron Paul was the only one close and everyone thinks Obama is the savior , OH MY ! We're doomed !
The central bank is a creation of government, it was brought into existence through an act of government, it's board members are appointed by the government, etc.
The Central Bank, like all government institutions, socializes losses and privatizes profits for politically connected interests.
You're right to say that it's technically private and serves private interests, but to be perfectly clear... the FED is a creation of government, not the market.
they ALL need to be in jail for TREASON! we dont need interest on our system of exchange [money]! Money was design to facilitate the transfer of goods not to enslave population with a interest rate!
I'm in a weird place right now. I've been an advocate of eliminating the Federal Reserve for a while, but I started to realize I didn't really know how we could work without it. I'm trying to see someone with a pro-Fed argument, so I can see if there's any merit to it. Apparently even Alan Greenspan doesn't have one.. can anyone point me in the right direction? Thanks.
Ron Paul's proposed legislation (Federal Reserve Board Abolition Act) is a simple dismantling within a year's time. Although the practical logistics of doing this are mind boggling, the nation would be taking a significant step in reestablishing its Constitutional integrity.
Perhaps to safeguard the legacy of his own role to the Fed, in less than 3 1/2 minutes, Mr. Greenspan offers valuable insight into the problems central banking is facing . . . all to mankind's detriment.
Sadly, we're at the point that the cost of liquidating corporate holdings is exacted by a comparable loss in human (American) value.
I've never heard so much sh1t spouted from one individual.
evilzzzable 2 weeks ago
Ayn Rand would be ashamed of this monster, if she lived to see his reign as the Central Bank chairman.
A free-market Central Bank Chairman is the equivalent of an Atheist Pope. A total contradiction in terms.
KyleSkullz 2 weeks ago
stupid distracting music!!!!
Deveran 3 months ago
USA greed caused the problems, simple.
stevencowley1980 4 months ago
When you push up short term rates, longer term rates drop...
TheCameo86 1 year ago
Why would anyone believe a word out of that reptiles mouth???? The music is too loud. Sorry.
NWOisherenow 1 year ago
I like the loud and distracting music in tne background! Greenspan has nothing truthful to say anyway! Who is the artist playing the music?
rogerlk53 1 year ago
hmmm. Interesting.
Demontechnology 2 years ago
The music could have been a bit quieter, but it definitely added to the vid to have it there in the first place.
hannigaholic 3 years ago
i think the music fit perfectly, and i could hear the dialogue fine.
KritikalDimensions 3 years ago
Was inserting the loud and distracting music in the background (or should I say the foreground, since it was louder than the dialogue) really necessary? It was very annoying, and didn't serve any purpose...
JonDavidson 3 years ago 9
hmmm . . . the second comment posted to this thread by jinjin16 five months ago expressed the same sentiments.
Since this was the first video I'd ever produced, it was something of an experiment in my own learning. While I certainly didn't intend for my meager creative effort to annoy anyone . . . whether the music serves any purpose or not, is debatable. Except for Ron Paul's passing mention of it, I assumed the original clip would otherwise receive little attention from the public.
gospelnous 3 years ago
While I may not agree, gospelnous is the only one making sense. Everyone else is ranting one dimensionally sided single argument. Many people don't understand the need of one but can anyone give me reasons on why one is better? It's simple, no debt=no money
The Depression is part linked with a fall of new loans, since it's part of the monetary theory of creating more money. Before it was in play there was no limits. Please read -all- the facts before forming an opinion. I think it is fair.
Trentacus 3 years ago
Thanks, Trentacus. Whether you agree with my views or not, I appreciate the fact that you're thinking for yourself. I'd like to address a couple of misimpressions though.
First, 'debt' and 'money' are not synonymous (the same thing). 'Money' or 'currency' is a representation of 'value'. Contrastingly, responsible economics can effectively utilize 'debt' to facilitate production.
Richard C. Cook has posed alternatives to current improprieties in recent discussions of C.H. Douglas.
gospelnous 3 years ago
I guess you could read Murray Rothbard's What has Govt done to our money. It's available free online in pdf.
dsvet 3 years ago
Yes dsvet, that's a great suggestion for students interested in contrasting an 'alternative' background and view to 'traditional' Economics.
In fact, I'd strongly recommend taking the time to visit and familiarize one's self with the Mises Institute's online library. It represents a vast storehouse of material and resources on the subject.
gospelnous 3 years ago
As far as 'the lie' goes . . . I'd challenge Mr. Greenspan's views about how, or why, inflation occurs. Examining the historical record of the relationship (see my, "A Crisis in American Leadership Part 3") between the (central) bank and our government, you'll notice its power to regulate the money supply was granted in reaction to the financial problems the bankers' themselves, devised. This travesty though, only compounded the role of U.S. involvement in WWI, the Great Depression, and WWII.
gospelnous 3 years ago
yea , the ONLY thing that ever creates inflation is the over printing of money . PERIOD
The Fed is a sham , VOTE RON PAUL !
5ptCALVIN 3 years ago
at 2:00 Greenspan says: its the government that print the money!! NO its not! liar! its the central bank. He said so to make you believe that the central bank is OWN BY THE GOV. witch is not true! ITS A PRIVATE INSTITUTION. It makes is own rule and is has no oversight by anyone. Greenspan is such a crook new world order scum!
ENJOYOURMATRIXX 3 years ago 3
I appreciate your comment because you've zeroed in on 'the lie'. Mr. Greenspan is not however, lying in answer to the question, 'Why do we need a central bank?' in saying that fiat money is printed by our government (it is) but, at the central bank's authorization to do so.
When the Federal Reserve (U.S. central bank) was created in 1913, our government not only gave them the power to 'create' money, it also introduced taxation to repay the interest we're charged when we borrow it from them.
gospelnous 3 years ago
Yeah i know the gov gave them power to print the curency trough the federal reserve act of 1913. Everyone need to know this its so important. And also the fact that the gov had already the power to print it without the interest. THIS IS economic 101 and should be teach in every school so people may one day realize the scam the feds are up to. VOTE RON PAUL 2008 FOR THE END OF THE FEDERAL RESERVE.
ENJOYOURMATRIXX 3 years ago
yep and to all who hate Bush and think hes the worst , well the worst was Wilson . That guy gave us the Federal Reserve and the IRS , and he himself said he had unwittingly ruined America . We have no choice but to change this crap or we will fall , anyone seen the value of a dollar lately ? CMON PEOPLE ! Ron Paul was the only one close and everyone thinks Obama is the savior , OH MY ! We're doomed !
5ptCALVIN 3 years ago
@ENJOYOURMATRIXX
Semantics...
The central bank is a creation of government, it was brought into existence through an act of government, it's board members are appointed by the government, etc.
The Central Bank, like all government institutions, socializes losses and privatizes profits for politically connected interests.
You're right to say that it's technically private and serves private interests, but to be perfectly clear... the FED is a creation of government, not the market.
KyleSkullz 2 weeks ago
they ALL need to be in jail for TREASON! we dont need interest on our system of exchange [money]! Money was design to facilitate the transfer of goods not to enslave population with a interest rate!
ENJOYOURMATRIXX 3 years ago
I'm in a weird place right now. I've been an advocate of eliminating the Federal Reserve for a while, but I started to realize I didn't really know how we could work without it. I'm trying to see someone with a pro-Fed argument, so I can see if there's any merit to it. Apparently even Alan Greenspan doesn't have one.. can anyone point me in the right direction? Thanks.
forgiste 3 years ago
Ron Paul's proposed legislation (Federal Reserve Board Abolition Act) is a simple dismantling within a year's time. Although the practical logistics of doing this are mind boggling, the nation would be taking a significant step in reestablishing its Constitutional integrity.
gospelnous 3 years ago
the music is annoying
jinjin16 3 years ago
perhaps you're not a big banjo fan . . .
gospelnous 3 years ago
no sorry my man i am not. just hard to hear content. good video tough. cheers
jinjin16 3 years ago
well said
testph 3 years ago
Perhaps to safeguard the legacy of his own role to the Fed, in less than 3 1/2 minutes, Mr. Greenspan offers valuable insight into the problems central banking is facing . . . all to mankind's detriment.
Sadly, we're at the point that the cost of liquidating corporate holdings is exacted by a comparable loss in human (American) value.
gospelnous 3 years ago
good interview
SicStylee 3 years ago