@MonkeyMagic88 Dont worry brother!! no one knows the Holl truth anyway!? What is really important is that people are hopefully getting smarter everyday. As S.rocki Fellow :-) said our biggest mistakes was giving YOU the Internet. Now are people smart enough to use it in GENERALL!? I dont think so....:-(
@MrAnonymous2012 Man, that idea is not cool. Anyways, what you said has already happened in low-income neighborhoods for the past two generations. It happened in the form of gangbanging. BEING POOR SUCKS.
"The bankers own the earth. Take it away from them, but leave them the power to create money, they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money."
"lenin was certainly right, there is no more positive, subtle or surer means of destroying the existing basis of society than to debauch the currency.
by a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of the citizens.
the process engages all of the hidden forces of economics on the side of destruction, and does it in a manner that not one man in a million can diagnose."
Shame on Celente for giving Rick Perry any credit at all. You can't agree with a liar because he's just telling you what he thinks you want to hear. You can't agree with lies because he'll change them. Like people agreed with George W. Bush's "no nation-building", a lot of good agreeing with him did!
Imprison the FED, end ties with Israel, bring our armies home, bring back the gold standard, end the IRS, and kick out the Kenyan president. It's time to get our country back from the Illuminati, Elites', Corporate Media, and the British Monarchy. All 44 Presidents of the U.S.A. are related in the same bloodline. DO YOUR RESEARCH and get prepared for a Revolution. FREEDOM isn't FREE.
I don´t understand the Americans and their system. They elect a president in 2008 but prevent him from doing what´s necessary to do the so called "CHANGE" by voting on the republicans to outnumber the democrats. WTF??? Are these people dumb??? No wonder you got into this mess. In Britain whoever wins the election gets to do whatever it´s necessary to do the real change needed to solve the country´s problems. Your system doesn´t work. FACT!!!
@Euclides287 Every day, we watch the news and see the talking heads go on and on about the same stuff: Obama is spending too much; Bush spent too much—we’ll stop spending over here, and use the money from over there to fund this project over here.” It’s the same argument, and unfortunately, it’s a huge distraction. Yes, Bush spent like a drunken sailor—Obama is continuing the spending.
@Euclides287 Broadening the definition, we can typically say that there are two sides of Economic Policies: Liberal and Conservative. Using the current definitions of the day, ‘liberal’ would refer to a government spending more, and ‘conservative’ would refer to a government spending less.
You're at home & a plumber knocks on your door. He tells you he can vastly improve your plumbing by adding a device that dramatically increases the pressure in your pipes. Although your plumbing is fine, he promises his device will make your plumbing much better, so you agree to install the device after signing the "fine print". He installs the device & soon thereafter the pressure blows out every pipe in your house. Because you signed the fine print you have no legal recourse & he made a bundle
Where does it end?? Why are we...as a country, just sitting idly by as these POS elitists continue to rein hell down upon us?? When does the "" taking back our country"" take place?? Why haven't we began the process of bringing these scum of the earth to justice??? Does anyone have the answer??
@59dominic trust me, it's gonna take ALLOT of people to take these scum down. I mean millions of americans are gonna have to wake up and make a HUGE protest. thats what I think.
13:23 NO NO NO Alex its not just offshore foreign banks MATE . ITS ALL BANKS home & abroad GOT IT. When are you you going to tell it how it really is ?
@FreedomsReigning The regulator of fraud is the fed YES & all your local banks perpetrate the fraud by a theft of circulation .Its one thing to address the regulator of fraud but to ignore the thief & its process that actually robs you is ILLOGICAL ,IGNORANT & most defiantly retarded sir.
Its second grade math & all of you zombies think they just print money out of thin air ,,, NO NO NO thats what they want you to believe , its a piss poor excuse that Alex here actually promotes to hide the fact that YES , We the people are the true creditors & YES we the people create all money via our promissory obligations to each other,they don't want you to know all banks intervene on our commerce by fraud, if you did like Henry Ford said there would be a revolution by tomorrow morning .
@chotaboy66 You sound like an Obama sycophant that thinks money comes from a bank. You honestly think money is something that Obama can just print and give you? Do you understand that fiat money is forced on the public through the threat of government violence, and to take another person labor through the threat of violence is slavery. Are you a self aware slave, or the parasite that enables them?
I'll kill every one of these counterfeiters if I get the chance.
@FreedomsReigning Fiat is a un equal representation of our production which is merely evidence of our promissory obligations to each other.Fiat its self is not the problem for todays fiat is a consequence of a forced banking obfuscation of our very own promissory obligations to each other which makes fiat a unequal representation of our production where principal is stolen on conception before the fraudulent exchange then again after by charged interest that never was created into circulation..
@chotaboy66 Many of the Founding Fathers were strong supporters of a currency that was backed by gold and silver, and not a paper money, mainly because they saw the horrors what artificially inflating or deflating the currency can do to a nation. The Founding Fathers understood fiat money and inflation because they lived through it themselves.
@chotaboy66 Inflation destroyed the Massachusetts Bay colony in the 1730s, when the state devalued their fiat currency by 66%; they offered 1 new ‘dollar’ for every 3 old ‘dollars.’ They promised that the money would be redeemed in gold after 5 years, but they broke it, which resulted in poverty. This happened throughout America too; by the 1750s, Connecticut inflated their prices by 800%, the Carolinas by 900%, Massachusetts 1000%, and Rhode Island by 2300%!
@chotaboy66 When they finally deflated their fiat money, depression became widespread. When Massachusetts returned to a commodity-backed system while Rhode Island stayed on its fiat money, Newport lost its trade to Boston. The Revolutionary War was paid with inflation as well. At the beginning of the war (1775), the total money supply (the Continentals) was $12 million—by 1779, the money supply rose 5000%!
@chotaboy66 The Continentals went from being redeemed for 1 dollar in gold in 1775, to 25 cents in gold in 1777, to less than a penny in 1779. Incidentally, this is where the term “not worth a Continental” originated.
George Washington wrote that: “A wagon load of money will scarcely purchase a wagon load of provisions.”
This is the same thing that happened in the Weimar Republic—wheelbarrows full of money to buy a loaf of bread.
@chotaboy66 This destroyed the middle class, caused massive economic and social instability, and led the way for a sociopath taking over the country and starting a world war. This leads us to the obvious lesson that fiat money is the direct cause of inflation, and the amount that we lose in the purchasing power of our dollar is the same amount that was taken from us and transferred to the government without us even realizing it!
@chotaboy66 The beauty of money backed by a commodity like gold and silver is that it can’t be counterfeited, and therefore can’t be artificially inflated to pay for the economic wet dreams of the politicians.
@chotaboy66 This is the reason that Keynes wrote (in his book The Economic Consequences of Peace, 1919): “Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method, they not only confiscate, but they confiscate arbitrarily and while the process impoverishes many, it actually enriches some
@chotaboy66 cont'd ... as the inflation proceeds and the real value of the currency fluctuates wildly and from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth getting degenerates into a gamble and a lottery. Lenin was right. There is no subtler, no surer means of overturning the existing basis of a society than to debauch the currency.
@chotaboy66 The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose."
This is the exact reason that the Founders gave the responsibility to Congress to COIN money, not to print fraudulent paper money. Here’s what some of theme had to say at the Constitutional Convention concerning fiat money:
@chotaboy66 George Washington: “They may pass a law to issue paper money, but 20 laws will not make the people receive it. Paper money is founded upon fraud and knavery.”
James Wilson: It will have the most salutary influence on the credit of the United States to remove the possibility of paper money.”
John Langdon warned that he would reject the entire plan of a federation if the government had the right to issue fiat money.’
@chotaboy66 George Mason said he had a ‘moral hatred’ against paper money.
Thomas Paine (not a delegate) wrote that fiat money was a counterfeit to the state, and that he hated legal tender laws, which FORCE people to accept the counterfeit. He said, speaking of legislators, “The punishment of a member who should move for such a law [legal tender laws] ought to be death.”
@chotaboy66 The result was a Constitution that gave the power to the Congress to COIN money, and prohibit specifically the states from issuing bills of credit (fiat money). Sound money backed by precious metal reigned free, and the results were economic prosperity. The Pennsylvania Gazette stated that since the Constitution removed the possibility of paper money, their trade increased 50%. The US exports jumped from $19 million to $93 from 1791 to 1801.
@chotaboy66 By 1802 THE DEFICIT VANISHED, and the country experienced a surplus almost as large as the Government’s spending!
George Washington wrote in 1789:
“We may one day become a great commercial and flourishing nation. But if in the pursuit of the means we should unfortunately stumble again on unfunded paper money or similar species of fraud, we shall assuredly give a fatal stab to our national credit in its infancy."
@chotaboy66 It is clear that this country’s Founders wanted a sound monetary policy, one backed by gold, to be the only kind of monetary policy for the country, because they, themselves lived through the horrors of inflation. Unfortunately, greed has a way of corrupting even the best men, and this is what led to depressions, wars, and our current economic situation.
@chotaboy66 One of the arguments against a Monetary System backed by Gold is the charge that there isn’t enough gold in the world to be used as money, but that’s nonsense. The very nature of money is NOT wealth in itself, rather, it is the MEASUREMENT of wealth. The best kind of money is a money that has intrinsic value, is versatile, and is somewhat scarce, because that fits into the notion of Supply and Demand.
@chotaboy66 Gold fits this criteria, and isn’t that scarce—there is still lots of gold to mine; it has been estimated that only 45% of the gold mined in the world since the discovery of the U.S. is in government/bank stockpiles—the rest is in private hoards and in jewelry/ornaments.
@chotaboy66 Furthermore, gold can not be counterfeited, like paper money, and gold currencies, historically speaking, has been the only currency that did not bankrupt its own nation until the governments started debasing the coins with substitutes to gold, which is why virtually ALL of the Founding Fathers were for a gold currency against a fiat money printed by a Central Bank.
@chotaboy66 If the supply of gold in relation to supply of goods is so small that 1 full oz of gold would be too valuable to measure, then we would use 1/10 oz coins instead. The amount of gold doesn’t hurt its ability to be used as money, it just affects the quantity that you would use to measure how much something is worth.
@chotaboy66 The Constitution denies the Congress the bower to print money, but it does allow them to borrow money—if only there were some kind of Private Centralized Bank in America, then the government could borrow from them and get around the Constitution! This is exactly what happened with the 1st Central Bank of America [the Bank of North America] (1781-83), the 2nd Central Bank of America [the First Bank of the US] (1791-1811), and the 3rd: the Federal Reserve (1913).
@chotaboy66 The main idea behind the current Central Bank, the Federal Reserve, is the 4th kind of money mentioned earlier: Fractional Money. The idea is that people deposit their money into banks, and the banks take that money and lend it to others.
The theory behind banking is that not everyone will want their money at the same time, and so lending person A’s money to person B is fine, because person A can have person C’s money when he wants his money back.
@chotaboy66 But the main flaw in this idea is that the deposits are not available for lending. Period. We’re all told that our money is in the bank, and we can get it at any time we want, but we’re not getting our money, we’re getting someone else’s money—they just lent ours out to someone else!
This leads to Fractional Reserve Banking. Banks only kept about 15% of what was deposited—the rest was lent out to others.
@chotaboy66 Depositors were given receipts for their deposits, but the bank issued out loans with 85% of the deposits, and the new borrowers of that money were given new receipts for the same money! This resulted in the existence of twice as many receipts as there was money! The Bank, out of Fractional Reserve Magic, was able to create brand new money.
@chotaboy66 This can only go on for so long, because eventually, when people wake up and realize that their money that they deposited isn’t really safe, they all run to the bank and demand their money, which as we know from It’s A Wonderful Life, ends in mass depression and poverty.
“A sound banker…is not one who foresees danger and avoids it, but one who, when he is ruined, is ruined in a conventional and orthodox way along with his fellows, so that no one can readily blame him. It is necessarily part of the business of a banker to maintain appearances, and to confess a conventional respectability, which is more than human. Life-long practices of this kind make them the most romantic and the least realistic of men.”
@chotaboy66 What is the Monetary Policy of the United States currently? The answer is that America is a nation that funds its money on bonds, which is essentially debt. Our money comes from our own debt. We are a nation with fiat money and the Federal Reserve is practicing Fractional Reserve Banking. But to truly understand the idiocy that is American Monetary Policy, we must learn exactly how the magic is done.
@chotaboy66 It is important to remember that the Federal Reserve System is not Federal. It is a private banking cartel that the U.S. Government is restricted from conducting a full audit.
@chotaboy66 There are videos online showing Bernanke refusing to answer questions regarding bail out money at Congressional Testimony and he has every right to do so because the U.S Gov is restricted from knowing what happened to the bailout money, and other kinds of transactions, including transactions WITH FOREIGN GOVERNMENTS.
@chotaboy66 The Federal Reserve is an Unconstitutional institution. The Congress and the Congress alone has the authority to coin money. The Constitution does NOT say that the Congress could create a bank through the legislative process and divert the money-making process to them, and therefore, through the 10th Amendment, the Congress is not allowed to do so…but that didn’t stop them.
@chotaboy66 Thanks to President Wilson (and the bankers who met at Jeckyll Island almost 100 years ago this year and planned the system), we are now stuck with a monetary system backed by nothing but U.S. government debt.
@chotaboy66 The way money is made is ridiculously complicated, as it is reclassified as new terms, and newly printed money is printed—That’s the plan: it’s supposed to be confusing because that way people will give up and continue to go about their lives not really caring to know how their money is being sucked dry from their bank accounts.
First, the Government has no money. They can obtain it two different ways: tax the people, or print up bonds or treasury notes to sell to the people.
@chotaboy66 The Government has other debt too, but the bonds make up most of it. Either way, the Government has no money. So (1) The Government gives the Federal Reserve the bonds and treasury notes that people don’t buy, and in exchange, the Fed gives the government a Federal Reserve Check.
@chotaboy66 Meanwhile, the bond and treasury notes are re-classified in the Fed as a “Securities Asset” because it’s assumed that the government will make good on the promise to pay the Fed back the money it just borrowed from them. (2) The Government now has a Federal Reserve Check. This is money used to pay government expenses. They endorse it and send the money to Federal Reserve Banks, where the check now is classified as a Government Deposit.
@chotaboy66 (3) As a Government Deposit, the money is used to pay many expenses, and so it is re-classified as Government Checks.
(4) Government Checks are given to Government employees, who deposit these checks in their own Commercial Banks (Citizens, Bank of America, etc.)
(5) This is where it gets fraudulent (more than it already is, anyway). The deposited checks are liabilities to the bank because they are liable to pay it back to the depositors.
@chotaboy66 But, as long as they remain in the bank, they’re considered assets, and so the books ‘balance out.’ (If you did this in your private business or tax filings, you'd be thrown in prison for the rest of your life).
(6) The so-called assets (which are nothing more than deposits which are really liabilities), are now re-classified as Bank Reserves. The banks are permitted by the Fed to only hold on to 10% of these reserves, and they’re allowed to lend out the other 90%as new bank loans.
@chotaboy66 This is a double claim on the same money that was originally deposited as Government Checks. So, to prevent a double-claim on this money, they just print new money out of thin air for the exact purpose of off-setting the double claim. And better yet, the banks are allowed to collect interest on this new money from their customers, and considering it cost them diddly-squat to make the money, that isn’t bad (unless you have a moral conscience).
@solarDeviant New money is NOT printed out of thin air,To loan money that money has to exist FIRST.No money ever existed until one of us signs a promissory note which has the only lawful consideration of value backed by ones labor & property value in question HARDLY THIN AIR. OUR promissory obligations creates all NEW money,only its stolen on conception then exchanged & published into an unequal representation of our production which is the evidence of our promissory obligations to each other.
@chotaboy66 (7) When the second wave of fiat money moves into the economy, it goes right back to the banks. The previous process (steps 5-6) are repeated, but this time with a twist. The loans of last week are now deposits this week, which are reclassified as ‘reserves’, and again, 90% of that is defined as Excess Reserves, and that means that the bank, in order to prevent a double-claim against the same money, prints NEW money out of thin air.
@chotaboy66 Thus, 90% of the original 90% is brand-new money, and this happens again…and again…and again…approximately 28 times for the same money to become deposits, loans, then deposits again, etc.
@chotaboy66 (8) All of this adds up to: Bank Fiat Money is about 9 times the National Debt that started the entire process when they asked the Fed for some money. Adding the Original Debt, that makes the Total Fiat Money equivalent to 10X the National Debt…this is where the term “ghost dollars” comes from—for every 1 dollar that exists, 9 ‘ghost dollars’ exist.
@chotaboy66 (9) This means that Inflation is about 9-10 times the National Debt, meaning OUR TAXES ARE 9-10 times THE NATIONAL DEBT. Without realizing it, through inflation, our taxes are through the roof due to inflation. This becomes especially scary when you realize that because our monetary system is based on debt, the money supply goes up the deeper into debt we become.
@chotaboy66 When we pay off our debt, then the money supply goes down, and prices collapse (in reality, they ‘reset’ to what the Free Market and the laws of Supply and Demand want). This is cause of boom and bust cycles. In essence, if we didn’t have debt, then we wouldn’t have money.
@solarDeviant What we are suffering is continuous Circulatory deflation via the obfuscation of our promissory obligations to each other where the banks steal circulation by fraud & we also suffer the manifestation of price inflation which is primarily caused by charged interest that was never created into circulation thus business & commerce has to rise its prices in order to keep their profit margins & still make good on their own interest payments on their own purported loans to banks .
@solarDeviant There is no free market so long as the banks obfuscate our very own promissory obligations to each other? When WE pay off our own purported loans the circulation that consists only of principal is stolen causing mass circulatory deflation & national debt for the interest we pay also depletes circulation at a ever increasing rate faster than any national debt injection.When one pays off a loan + interest another defaults in the chain for there is never enough money in circulation
@solarDeviant There is no loan to begin with from bank. A borrower is really the obligor who creates principal ONLY & its the obligors responsibility to PAY DOWN & retire the creation out of circulation over time to defeat circulatory inflation only the bank doesnt retire the obligors payments claiming its the creditor by fraud causing the opposite endless circulatory deflation stealing principal on conception prior the exchange then again after by charged interest that was never ever created.
@chotaboy66 This system is unsustainable, as we can see from other countries and their economic situations. Countries in Europe are experiencing the same economic hardships due to their fiat money, and countries like India, Iran, and China are actually starting to hoard tons and tons of gold and at the same time, they’re not buying as much of our debt as they used to, while they dump billions in euros and dollars.
@chotaboy66 The argument that China needs us as badly as we need them is nonsense if they have tons and tons of gold in their vaults.
This is America’s Monetary System in a nutshell.
The Government can be ‘fiscally conservative’ or ‘fiscally liberal’ in its spending in both a Commodity-Backed Monetary System and in a Fiat-Fractional Reserve System. It’s the Monetary Policy that makes all of the difference.
@solarDeviant You fail to see the obfuscation of our promissory obligations whether its represented by fiat, gold or whatever,if one divides the gold on hand by the number of people.In the case of the U.S, reported monetary reserves are $80b, divided by a 300m population = $266 per capita to do all your business & saving etc.A return to the gold standard CAN be artificially deflated as long as the represented property exceeds $266 per head ,Which IS a case of PERPETUAL, MONUMENTAL DEFLATION .
@solarDeviant Fractional multiplication is a Fictional expansion thats secondary to the obligors creation.It multiplies down eventually NOT UP the only way banks can continue expansion is if one of us walks into a bank & signs a promissory note which is a Financial Instrument,liability,principal Deposited in a Bank backed by the property value in question.A gold standard I might add gave birth to fractional expansion simply because there is not enough gold to represent all the property value.
@chotaboy66 With a Fiat Currency, the Government can literally spend money on anything it wants, which is what America is doing: troops in over 100 countries, constant wars, welfare spending like crazy, jobs for literally digging ditches, phony ‘stimulus packages’ that don’t do anything but worsen the situation, bank bailout after bank bailout. And they do this by printing new money and the taxpayer never sees it—they don’t even realize that they’re getting taxed 10 times our National Debt.
@chotaboy66 With a Commodity-Backed Currency, however, politicians are forced to be fiscally sane. You can’t have your troops in over 100 countries ‘spreading democracy’ without paying for it, and you can’t pass fake spending programs without paying for it—and the only way to pay for it with a Commodity-Backed Currency is by directly taxing the people. And if the people saw how much this cost, they would throw every last one those elected officials out on the street.
@solarDeviant 99% of Taxs is a direct consequence of unnecessary national debt yes.A currency in circulation that is not equal to all property value & not equal to all debt obligation simply results in fluctuations in circulation which is the evidence or theft of circulation & thus purposed manipulation of all property.Most Tax is essentially a result of the root cause of failure by a obfuscation of our promissory obligations to each other where the circulation is stolen by fraud then laundered
10:28 Bonds are bought with the evidence of our promissory obligations to each other where a theft of circulation is occurring as I write by the banking obfuscation of our promissory obligations to each other.This printed money is NOT CREATED OUT OF THIN AIR,its stolen from circulation GROUND FLOOR first by stealing principal on conception via our own purported loans to a bank then again after the fraudulent exchange by charged interest which depletes circulation that only consists of principal.
@chotaboy66 In 1913, the European bankers extended their operations to the US via the creation of the Federal Reserve System, the US version of the Bank of England’s central bank. The Federal Reserve System, a consortium of private European and American banks, would issue the same debt-based money in America as had the Bank of England in Britain and the bankers would continue their power and influence in America as they had in England and Europe.
@chotaboy66 In the 21st century, America’s run at the table of fortune is coming to an end as did England’s one century before. In 1970, America’s balance of trade went negative (as did England’s in the 1870s) and again like England, its military budget would consume more and more of its national wealth.
@chotaboy66 Bucky maintained that mistakes are an integral part of learning (see Fuller’s Mistake Mystique, see ( flighttogenius . com / mm_ebook . pdf), Fuller maintained that the universe evolves by mistakes, learning ever more as it does so—and that includes mankind—no matter how dissociated our minds think we are from the originating phenomena of life.
Wall street is a consequence of a corrupt monetary system where we have hedge funds & trusts who steal OUR wealth via a obfuscation of our very own promissory obligations to each other at all local banks .These Trusts manipulate prices of company's with the money they have stolen from us.To invest in any company its only a TRUE investment on the initial float ,the rest is mere side bets that unnaturally manipulate a company's true value only resulting in unearned profit at someone else's loss.
@chotaboy66 No paper money system has ever lasted, all have ended in failure and disaster and this present system will end the same way—no matter what efforts are exerted on the behalf of paper money.
@chotaboy66 It was the bankers of the west that invented this game of charades where credit and debt masquerade as money. It is a charade that has lasted three hundred years. All games end, however, and this game is ending now, gratis of the universe whose intelligent hand Buckminster Fuller saw everywhere, even in our mistakes.
5:40 Its because none of you can prove mathematically perfected economy incorrect none of you will even mention it let alone even try to disprove proof of solution rather all you guys evade the solution Hm One has to ask one self why you like many others evade irrefutable proof of solution. EAT YOUR OWN WORDS JONES. When are you going to wake up to reality bud, if you don't you & all your troop of economic truthers WILL have mud on your face .GO ahead Ignore logic & 2nd grade math at your demise
@chotaboy66 Capitalism is the description of the wholesale introduction of credit into the world of commerce. Prior to the introduction of the Bank of England’s debt-based money, the words "banker" and "capitalism" did not even exist. The previous description of banking was "money-lending", an avocation made possible by the charging of interest on the lending of gold.
@chotaboy66 The utterly brilliant ascent of the money-lenders was made possible by their pact with government, first with King William of England, wherein private bankers would be allowed to issue public currency on which they could charge interest just as they had previously with gold—and government could then spend whatever it wished of the public’s money, usually on war.
@chotaboy66 The advantages are obvious, at least to the bankers and governments. Over time, however, the credit based "money" turns into debt on which compounding interest is levied. In this system, time is the enemy as time compounds debts as well as the amount of paper money causing a continual debasing of previously issued currency.
@chotaboy66 The ultimate seduction of credit lies in its ability to deceive the debtor into believing that it is real money he or she has. It is not. Credit and debt are two sides of the same coin, albeit a coin of highly dubious origin.
@chotaboy66 The two-sided coin of credit and debt was substituted for gold and silver in an arrangement that served bankers and government, not producers and savers; and, much to the chagrin of the Bilderbergers and their bankers, the rest of the world, sic producers and savers, are now beginning to catch on to this increasingly obvious truth.
@chotaboy66 The recent rapid rise in the price of oil is a reflection of the intention of oil producers to no longer automatically trade their limited supply of oil for an unlimited and continually devaluing supply of paper money. The current volatility in the price of gold and silver is a reflection of the death throes of the Bilderberger’s regime of paper money.
Its not a ponzi scheme GERALD ,For crying out loud when will you guys stop confusing people with shit that isn't true . By definition a ponzi scheme one has to invest their own money in oder to gain from the ponzi scheme .Um is any of you haven't noticed all banks DON'T invest their own money THEY STEAL IT, its not their money ITS OURS , Banks give up NO LAWFUL CONSIDERATION OF VALUE in any purported loan WE DO.Why do you advocates of truth LIE? all one has to do is look up a simple definition.
You know all the money they print is not out of thin air its really evidence of OUR promissory obligations to each other.To loan any money that money had to exist first? Well no money ever existed until one of us signs a promissory note,any national debt only represents a sum that has already been laundered out of circulation over the years via a banking obfuscation of our very own promissory obligations to each other where they steal circulation by FRAUD thus laundering it via interbank lending
@chotaboy66 To really understand this and to be able to sufficiently define “Monetary Policy”, it is important to define the 4 kinds of money: Commodity money (money back by gold in most cases), receipt money (money that can be redeemed on demand in full value in terms of gold or silver by the receipt-holder), fiat money (money not backed by gold or silver and is deemed legal tender by decree) and fractional money (which is how we function today along with fiat, and will be addressed later).
@chotaboy66 There are basically 2 different ways to answer the question of how money is created and regulated: 1) a government body; 2) a central bank. The U.S. Constitution clearly states that one of the Congress’ obligations is “To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures.”
keep in mind, that without trillion $ printing 50 Mill. americans incl. all gov. workers have not one cent in their pockets. This means civil war... so Celente !, do you really recommend stopping the FED print job ? Its a terrible dilemma because china will flood the world with its $ bonds before they are devalued. A Hyperinflation is unavoidable. The result will be the destruction of this tiny rest of democracy and hopefully no WW3
@throttlejockey77 Well he says we should educate ourselves about the issues, then try to elect mayors, senators etc. that represent the people, not the corporate interest. I know there is not any magic solution, we as a people must resist, and not buy into this whole scheme
Obama certainly lived up to his "Change you can believe in" campaign slave slogan.
There's been a change in staged terror attacks, a change in invading innocent countries, a change in potbellied pigs patting down American's, a change in unemployment, a change in the US dollar's purchasing power etc etc etc.
The only real recession happening Alex is your ridiculous pushed back hairline. I'd worry about fixing that crappy hair piece and go see a real hair doctor.
Celente was interviewed by Oprah? Didn't Oprah attend the Bildeberg conference last year? Isn't she an Obama supporter? Didn't she leave Chicago because Chicago is about to be Death Camp Central under Rahm Emmanuel control?
No. Sorry, I didn't mean to imply Celente is a Bildeberg. No, he's tells the truth. What I mean to say is, that it is creepy that Oprah [a known Bildeberg] is interviewing Celente [a known freedom fighter]. I want to hear that interview if it's on Youtube, and see if she ridicules him or supports him. I would guess she would have given it a giggle-flavor and painted him a kook. Or pretend to be one of us just as Perry is pretending to be.
48 hours before the Norway police were practicing a DRILL for bombs of govt buildings-the day BEFORE the bombings,The DHS puts out a video showing mainly "White people Being Terrorists" now- and what comes out?! A white man blue eyes as the prime suspect "who by himself mind you" was able to carry out a complex bombing with "tons of fertilizer' (oklahoma city anyone? and "by himself" kills over 80 people at a youth camp!?
"CIA spy" Davis was giving nuclear bomb material to Al-Qaeda
Double murder-accused US official Raymond Davis has been found in possession of top-secret CIA documents pointing to the American Task Force 373 (TF373) providing Al-Qaeda terrorists with “nuclear fissile material” and “biological agents," including a nuclear "dirty bomb."
U.S. 4-star General Wesley Clark (Ret.), explains that the Bush Administration planned to take out 7 countries in 5 years: Iraq, Syria, Lebanon, Libya, Somalia, Sudan, Iran (2007 up to 2012)
youtube. com/watch?v=4HTjt9rlN0A
youtube. com/watch?v=lpBAC9dPr-o
"Japan’s government, threatened with more HAARP attacks, pays 60 trillion yen to Feds"
I think I need to buy a Russian made AEK-971 assault rifle as well as buy a RPG-7, SVU sniper rifle, PKM machine gun, SU-74 with the silencer, and the MP-443.
We know these Washington rats are traitors and criminals and terrorists, supported by the banker scum, but where are the people who can stop this? the traitors are in control so where are all the good men and woman in law enforcement and military, FBI etc why are they hiding, Why is nothing being done about this, obviously they are owned and everything we used to believe was a lie now these traitors are showing their true colors , this shit has to stop, they have to face justice.
"In the beginning of a change, the Patriot is a scarce man, brave, hated and scorned. When his cause succeeds, however, the timid join him, for then it costs nothing to be a Patriot."
Love Gerald! Smart! These PRESSTITUTE's can't handle him!
domepaddy 5 months ago
check out lowkey obama nation part 2
support him plss.... thumbs up!
wakeupdumass 5 months ago
You won't hear the truth about Jewish Banking Mafia dominance of America from Alex or Celente !!!
MonkeyMagic88 5 months ago
@MonkeyMagic88 Dont worry brother!! no one knows the Holl truth anyway!? What is really important is that people are hopefully getting smarter everyday. As S.rocki Fellow :-) said our biggest mistakes was giving YOU the Internet. Now are people smart enough to use it in GENERALL!? I dont think so....:-(
AnglesM888 5 months ago
Celente is the best speaker!
Aurinkohirvi 5 months ago
Celente spits fire everytime
DTG16 5 months ago
Gerald is brilliant as always
JacobsSilhouette 5 months ago
Why is the audio so crappy if Alex has that expensive microphone?
sorenzo1 6 months ago
Gerald Celente is the man. he is one of the few people who has the balls to tell the American people the truth.
keverc 6 months ago
higher half the poor to kill the other half of the poor.
MrAnonymous2012 6 months ago
@MrAnonymous2012 Man, that idea is not cool. Anyways, what you said has already happened in low-income neighborhoods for the past two generations. It happened in the form of gangbanging. BEING POOR SUCKS.
MrRufinished 6 months ago
PRESSTITUTES, REPSTITUTES and PROSTITICIANS
wolfgangfaust 6 months ago
"The bankers own the earth. Take it away from them, but leave them the power to create money, they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money."
-Sir Josiah Stamp, (Director-Bank of England)
wolfgangfaust 6 months ago
"OBAMANOMICS"
"lenin was certainly right, there is no more positive, subtle or surer means of destroying the existing basis of society than to debauch the currency.
by a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of the citizens.
the process engages all of the hidden forces of economics on the side of destruction, and does it in a manner that not one man in a million can diagnose."
-john maynard keynes
wolfgangfaust 6 months ago
CENTRAL BANKS ARE EARTH CANCER
"when you or i write a check there must be
sufficient funds in our account to cover the
check, but when the federal reserve writes
a check there is no bank deposit on which
that check is drawn.
when the federal reserve writes a check,
it is creating money"
-from "putting it simply" (boston federal reserve)
wolfgangfaust 6 months ago
The impressions are killer :-D
Charmer4856 6 months ago
thats how we save a countrys econemy. print more money. lol idiots
theonewhoisntme 6 months ago
Shame on Celente for giving Rick Perry any credit at all. You can't agree with a liar because he's just telling you what he thinks you want to hear. You can't agree with lies because he'll change them. Like people agreed with George W. Bush's "no nation-building", a lot of good agreeing with him did!
StopTheMorons 6 months ago
RT is the best!
Aruthizar 6 months ago
we dont need a civil war, we out number the bankers 300million to 1...
SforSytosis 6 months ago
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Watch the entire Alex Jones Show daily at astonisher1.
astonisher1 6 months ago
Folks we are headed into a CIVIL WAR
12hkelly 6 months ago 14
Presstitutes! My new favorite word.lol
evildick68 6 months ago
Celente is the truth here.
jmjfanss 6 months ago 9
end circumcision!!
gingowitch 6 months ago
LMAO! 6:56
prguyy 6 months ago
What did Gerald say? "Nigger" slave boy Obama gone to see his Master? Wow
RacistBait 6 months ago
We're good little Council On Foreign Relations {CFR} robots, aren't we?
youtube.com/watch?v=_Tn5-uKgkWw&feature=related
robertedwardfay 6 months ago
Thumbs up for Alex's Thurston Howl impersonation! 6:55
hummarstra 6 months ago 2
GERALD FEW CAN SEE BUTT MANY ARE BLIND
12hkelly 6 months ago
Imprison the FED, end ties with Israel, bring our armies home, bring back the gold standard, end the IRS, and kick out the Kenyan president. It's time to get our country back from the Illuminati, Elites', Corporate Media, and the British Monarchy. All 44 Presidents of the U.S.A. are related in the same bloodline. DO YOUR RESEARCH and get prepared for a Revolution. FREEDOM isn't FREE.
altgeldrarities 6 months ago
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MR CELENTE = NUKES OF TRUTH EXPLODING IN OUR MINDS
platanaso1982 6 months ago
JOBS IN LIBYA START IN SEPTEMBER ALL TRADES
12hkelly 6 months ago
It's starting to look like everybody wants to be an inforwarrior now. That's change I can believe in.
FreedomsReigning 6 months ago
Alex, don't forget that when the English loafing classes laugh, it's always a 'har-de-har," sound they make.
annaesse 6 months ago
I don´t understand the Americans and their system. They elect a president in 2008 but prevent him from doing what´s necessary to do the so called "CHANGE" by voting on the republicans to outnumber the democrats. WTF??? Are these people dumb??? No wonder you got into this mess. In Britain whoever wins the election gets to do whatever it´s necessary to do the real change needed to solve the country´s problems. Your system doesn´t work. FACT!!!
Euclides287 6 months ago
@Euclides287 Every day, we watch the news and see the talking heads go on and on about the same stuff: Obama is spending too much; Bush spent too much—we’ll stop spending over here, and use the money from over there to fund this project over here.” It’s the same argument, and unfortunately, it’s a huge distraction. Yes, Bush spent like a drunken sailor—Obama is continuing the spending.
solarDeviant 6 months ago
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solarDeviant 6 months ago
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solarDeviant 6 months ago
@Euclides287 Broadening the definition, we can typically say that there are two sides of Economic Policies: Liberal and Conservative. Using the current definitions of the day, ‘liberal’ would refer to a government spending more, and ‘conservative’ would refer to a government spending less.
It’s all a hoax.
solarDeviant 6 months ago
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solarDeviant 6 months ago
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solarDeviant 6 months ago
You're at home & a plumber knocks on your door. He tells you he can vastly improve your plumbing by adding a device that dramatically increases the pressure in your pipes. Although your plumbing is fine, he promises his device will make your plumbing much better, so you agree to install the device after signing the "fine print". He installs the device & soon thereafter the pressure blows out every pipe in your house. Because you signed the fine print you have no legal recourse & he made a bundle
christophercredit 6 months ago
Debt Collapse... some interesting intel on youtube "Debt Collapse - $20,000 Gold - Mike Maloney"
leddywood 6 months ago
you can always print money!!! lol you would be dumb if you bliv it
LibraryofAlexandry 6 months ago
Where does it end?? Why are we...as a country, just sitting idly by as these POS elitists continue to rein hell down upon us?? When does the "" taking back our country"" take place?? Why haven't we began the process of bringing these scum of the earth to justice??? Does anyone have the answer??
59dominic 6 months ago
@59dominic "The world is a dangerous place to live;
not because of the people who are evil,
but because of the people who don't do anything about it."
- Albert Einstein
solarDeviant 6 months ago
@59dominic trust me, it's gonna take ALLOT of people to take these scum down. I mean millions of americans are gonna have to wake up and make a HUGE protest. thats what I think.
frogjelly2 5 months ago
put the words [ THE 44TH PUSS STAIN ]] IN to any seach engine
``` for the truth about SCUM BAMMASS
HoodwinkedbyanAngel 6 months ago
13:23 NO NO NO Alex its not just offshore foreign banks MATE . ITS ALL BANKS home & abroad GOT IT. When are you you going to tell it how it really is ?
chotaboy66 6 months ago
@chotaboy66 Notice how he rags of the Fed? You are officially retarded.
FreedomsReigning 6 months ago
@FreedomsReigning The regulator of fraud is the fed YES & all your local banks perpetrate the fraud by a theft of circulation .Its one thing to address the regulator of fraud but to ignore the thief & its process that actually robs you is ILLOGICAL ,IGNORANT & most defiantly retarded sir.
chotaboy66 6 months ago
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@chotaboy66 "Alex its not just offshore foreign banks MATE ."
Again. You're a fucking a retard.
FreedomsReigning 6 months ago
Its second grade math & all of you zombies think they just print money out of thin air ,,, NO NO NO thats what they want you to believe , its a piss poor excuse that Alex here actually promotes to hide the fact that YES , We the people are the true creditors & YES we the people create all money via our promissory obligations to each other,they don't want you to know all banks intervene on our commerce by fraud, if you did like Henry Ford said there would be a revolution by tomorrow morning .
chotaboy66 6 months ago
@chotaboy66 You sound like an Obama sycophant that thinks money comes from a bank. You honestly think money is something that Obama can just print and give you? Do you understand that fiat money is forced on the public through the threat of government violence, and to take another person labor through the threat of violence is slavery. Are you a self aware slave, or the parasite that enables them?
I'll kill every one of these counterfeiters if I get the chance.
FreedomsReigning 6 months ago
@FreedomsReigning Fiat is a un equal representation of our production which is merely evidence of our promissory obligations to each other.Fiat its self is not the problem for todays fiat is a consequence of a forced banking obfuscation of our very own promissory obligations to each other which makes fiat a unequal representation of our production where principal is stolen on conception before the fraudulent exchange then again after by charged interest that never was created into circulation..
chotaboy66 6 months ago
@chotaboy66 Fiat money is an unequal representation "0".
FreedomsReigning 6 months ago
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@chotaboy66 @chotaboy66 "Alex its not just offshore foreign banks MATE ."
Again. You're a fucking a retard.
FreedomsReigning 6 months ago
@chotaboy66 Many of the Founding Fathers were strong supporters of a currency that was backed by gold and silver, and not a paper money, mainly because they saw the horrors what artificially inflating or deflating the currency can do to a nation. The Founding Fathers understood fiat money and inflation because they lived through it themselves.
solarDeviant 6 months ago
@chotaboy66 Inflation destroyed the Massachusetts Bay colony in the 1730s, when the state devalued their fiat currency by 66%; they offered 1 new ‘dollar’ for every 3 old ‘dollars.’ They promised that the money would be redeemed in gold after 5 years, but they broke it, which resulted in poverty. This happened throughout America too; by the 1750s, Connecticut inflated their prices by 800%, the Carolinas by 900%, Massachusetts 1000%, and Rhode Island by 2300%!
solarDeviant 6 months ago
@chotaboy66 When they finally deflated their fiat money, depression became widespread. When Massachusetts returned to a commodity-backed system while Rhode Island stayed on its fiat money, Newport lost its trade to Boston. The Revolutionary War was paid with inflation as well. At the beginning of the war (1775), the total money supply (the Continentals) was $12 million—by 1779, the money supply rose 5000%!
solarDeviant 6 months ago
@chotaboy66 The Continentals went from being redeemed for 1 dollar in gold in 1775, to 25 cents in gold in 1777, to less than a penny in 1779. Incidentally, this is where the term “not worth a Continental” originated.
George Washington wrote that: “A wagon load of money will scarcely purchase a wagon load of provisions.”
This is the same thing that happened in the Weimar Republic—wheelbarrows full of money to buy a loaf of bread.
solarDeviant 6 months ago
@chotaboy66 This destroyed the middle class, caused massive economic and social instability, and led the way for a sociopath taking over the country and starting a world war. This leads us to the obvious lesson that fiat money is the direct cause of inflation, and the amount that we lose in the purchasing power of our dollar is the same amount that was taken from us and transferred to the government without us even realizing it!
solarDeviant 6 months ago
@chotaboy66 Inflation is therefore, a hidden tax, and it hurts the middle class and the poor class the most.
The solution proposed by Socialists and Keynesian economists is simple: “Print More Money and disburse it to the underprivileged!”
This leads to even higher inflation, and worse depressions, which leads to printing new money as the so-called ‘solution.’
solarDeviant 6 months ago
@chotaboy66 The beauty of money backed by a commodity like gold and silver is that it can’t be counterfeited, and therefore can’t be artificially inflated to pay for the economic wet dreams of the politicians.
solarDeviant 6 months ago
@chotaboy66 This is the reason that Keynes wrote (in his book The Economic Consequences of Peace, 1919): “Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method, they not only confiscate, but they confiscate arbitrarily and while the process impoverishes many, it actually enriches some
solarDeviant 6 months ago
@chotaboy66 cont'd ... as the inflation proceeds and the real value of the currency fluctuates wildly and from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth getting degenerates into a gamble and a lottery. Lenin was right. There is no subtler, no surer means of overturning the existing basis of a society than to debauch the currency.
solarDeviant 6 months ago
@chotaboy66 The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose."
This is the exact reason that the Founders gave the responsibility to Congress to COIN money, not to print fraudulent paper money. Here’s what some of theme had to say at the Constitutional Convention concerning fiat money:
solarDeviant 6 months ago
@chotaboy66 George Washington: “They may pass a law to issue paper money, but 20 laws will not make the people receive it. Paper money is founded upon fraud and knavery.”
James Wilson: It will have the most salutary influence on the credit of the United States to remove the possibility of paper money.”
John Langdon warned that he would reject the entire plan of a federation if the government had the right to issue fiat money.’
solarDeviant 6 months ago
@chotaboy66 George Mason said he had a ‘moral hatred’ against paper money.
Thomas Paine (not a delegate) wrote that fiat money was a counterfeit to the state, and that he hated legal tender laws, which FORCE people to accept the counterfeit. He said, speaking of legislators, “The punishment of a member who should move for such a law [legal tender laws] ought to be death.”
solarDeviant 6 months ago
@chotaboy66 The result was a Constitution that gave the power to the Congress to COIN money, and prohibit specifically the states from issuing bills of credit (fiat money). Sound money backed by precious metal reigned free, and the results were economic prosperity. The Pennsylvania Gazette stated that since the Constitution removed the possibility of paper money, their trade increased 50%. The US exports jumped from $19 million to $93 from 1791 to 1801.
solarDeviant 6 months ago
@chotaboy66 By 1802 THE DEFICIT VANISHED, and the country experienced a surplus almost as large as the Government’s spending!
George Washington wrote in 1789:
“We may one day become a great commercial and flourishing nation. But if in the pursuit of the means we should unfortunately stumble again on unfunded paper money or similar species of fraud, we shall assuredly give a fatal stab to our national credit in its infancy."
solarDeviant 6 months ago
@chotaboy66 It is clear that this country’s Founders wanted a sound monetary policy, one backed by gold, to be the only kind of monetary policy for the country, because they, themselves lived through the horrors of inflation. Unfortunately, greed has a way of corrupting even the best men, and this is what led to depressions, wars, and our current economic situation.
solarDeviant 6 months ago
@chotaboy66 One of the arguments against a Monetary System backed by Gold is the charge that there isn’t enough gold in the world to be used as money, but that’s nonsense. The very nature of money is NOT wealth in itself, rather, it is the MEASUREMENT of wealth. The best kind of money is a money that has intrinsic value, is versatile, and is somewhat scarce, because that fits into the notion of Supply and Demand.
solarDeviant 6 months ago
@chotaboy66 Gold fits this criteria, and isn’t that scarce—there is still lots of gold to mine; it has been estimated that only 45% of the gold mined in the world since the discovery of the U.S. is in government/bank stockpiles—the rest is in private hoards and in jewelry/ornaments.
solarDeviant 6 months ago
@chotaboy66 Furthermore, gold can not be counterfeited, like paper money, and gold currencies, historically speaking, has been the only currency that did not bankrupt its own nation until the governments started debasing the coins with substitutes to gold, which is why virtually ALL of the Founding Fathers were for a gold currency against a fiat money printed by a Central Bank.
solarDeviant 6 months ago
@chotaboy66 If the supply of gold in relation to supply of goods is so small that 1 full oz of gold would be too valuable to measure, then we would use 1/10 oz coins instead. The amount of gold doesn’t hurt its ability to be used as money, it just affects the quantity that you would use to measure how much something is worth.
solarDeviant 6 months ago
@chotaboy66 The Constitution denies the Congress the bower to print money, but it does allow them to borrow money—if only there were some kind of Private Centralized Bank in America, then the government could borrow from them and get around the Constitution! This is exactly what happened with the 1st Central Bank of America [the Bank of North America] (1781-83), the 2nd Central Bank of America [the First Bank of the US] (1791-1811), and the 3rd: the Federal Reserve (1913).
solarDeviant 6 months ago
@chotaboy66 The main idea behind the current Central Bank, the Federal Reserve, is the 4th kind of money mentioned earlier: Fractional Money. The idea is that people deposit their money into banks, and the banks take that money and lend it to others.
The theory behind banking is that not everyone will want their money at the same time, and so lending person A’s money to person B is fine, because person A can have person C’s money when he wants his money back.
solarDeviant 6 months ago
@chotaboy66 But the main flaw in this idea is that the deposits are not available for lending. Period. We’re all told that our money is in the bank, and we can get it at any time we want, but we’re not getting our money, we’re getting someone else’s money—they just lent ours out to someone else!
This leads to Fractional Reserve Banking. Banks only kept about 15% of what was deposited—the rest was lent out to others.
solarDeviant 6 months ago
@chotaboy66 Depositors were given receipts for their deposits, but the bank issued out loans with 85% of the deposits, and the new borrowers of that money were given new receipts for the same money! This resulted in the existence of twice as many receipts as there was money! The Bank, out of Fractional Reserve Magic, was able to create brand new money.
solarDeviant 6 months ago
@chotaboy66 This can only go on for so long, because eventually, when people wake up and realize that their money that they deposited isn’t really safe, they all run to the bank and demand their money, which as we know from It’s A Wonderful Life, ends in mass depression and poverty.
solarDeviant 6 months ago
@chotaboy66 As John Keynes said:
“A sound banker…is not one who foresees danger and avoids it, but one who, when he is ruined, is ruined in a conventional and orthodox way along with his fellows, so that no one can readily blame him. It is necessarily part of the business of a banker to maintain appearances, and to confess a conventional respectability, which is more than human. Life-long practices of this kind make them the most romantic and the least realistic of men.”
solarDeviant 6 months ago
@chotaboy66 What is the Monetary Policy of the United States currently? The answer is that America is a nation that funds its money on bonds, which is essentially debt. Our money comes from our own debt. We are a nation with fiat money and the Federal Reserve is practicing Fractional Reserve Banking. But to truly understand the idiocy that is American Monetary Policy, we must learn exactly how the magic is done.
solarDeviant 6 months ago
@chotaboy66 It is important to remember that the Federal Reserve System is not Federal. It is a private banking cartel that the U.S. Government is restricted from conducting a full audit.
solarDeviant 6 months ago
@chotaboy66 There are videos online showing Bernanke refusing to answer questions regarding bail out money at Congressional Testimony and he has every right to do so because the U.S Gov is restricted from knowing what happened to the bailout money, and other kinds of transactions, including transactions WITH FOREIGN GOVERNMENTS.
solarDeviant 6 months ago
@chotaboy66 The Federal Reserve is an Unconstitutional institution. The Congress and the Congress alone has the authority to coin money. The Constitution does NOT say that the Congress could create a bank through the legislative process and divert the money-making process to them, and therefore, through the 10th Amendment, the Congress is not allowed to do so…but that didn’t stop them.
solarDeviant 6 months ago
@chotaboy66 Thanks to President Wilson (and the bankers who met at Jeckyll Island almost 100 years ago this year and planned the system), we are now stuck with a monetary system backed by nothing but U.S. government debt.
solarDeviant 6 months ago
@chotaboy66 The way money is made is ridiculously complicated, as it is reclassified as new terms, and newly printed money is printed—That’s the plan: it’s supposed to be confusing because that way people will give up and continue to go about their lives not really caring to know how their money is being sucked dry from their bank accounts.
First, the Government has no money. They can obtain it two different ways: tax the people, or print up bonds or treasury notes to sell to the people.
solarDeviant 6 months ago
@chotaboy66 The Government has other debt too, but the bonds make up most of it. Either way, the Government has no money. So (1) The Government gives the Federal Reserve the bonds and treasury notes that people don’t buy, and in exchange, the Fed gives the government a Federal Reserve Check.
solarDeviant 6 months ago
@chotaboy66 Meanwhile, the bond and treasury notes are re-classified in the Fed as a “Securities Asset” because it’s assumed that the government will make good on the promise to pay the Fed back the money it just borrowed from them. (2) The Government now has a Federal Reserve Check. This is money used to pay government expenses. They endorse it and send the money to Federal Reserve Banks, where the check now is classified as a Government Deposit.
solarDeviant 6 months ago
@chotaboy66 (3) As a Government Deposit, the money is used to pay many expenses, and so it is re-classified as Government Checks.
(4) Government Checks are given to Government employees, who deposit these checks in their own Commercial Banks (Citizens, Bank of America, etc.)
(5) This is where it gets fraudulent (more than it already is, anyway). The deposited checks are liabilities to the bank because they are liable to pay it back to the depositors.
solarDeviant 6 months ago
@chotaboy66 But, as long as they remain in the bank, they’re considered assets, and so the books ‘balance out.’ (If you did this in your private business or tax filings, you'd be thrown in prison for the rest of your life).
(6) The so-called assets (which are nothing more than deposits which are really liabilities), are now re-classified as Bank Reserves. The banks are permitted by the Fed to only hold on to 10% of these reserves, and they’re allowed to lend out the other 90%as new bank loans.
solarDeviant 6 months ago
@chotaboy66 This is a double claim on the same money that was originally deposited as Government Checks. So, to prevent a double-claim on this money, they just print new money out of thin air for the exact purpose of off-setting the double claim. And better yet, the banks are allowed to collect interest on this new money from their customers, and considering it cost them diddly-squat to make the money, that isn’t bad (unless you have a moral conscience).
solarDeviant 6 months ago
@solarDeviant New money is NOT printed out of thin air,To loan money that money has to exist FIRST.No money ever existed until one of us signs a promissory note which has the only lawful consideration of value backed by ones labor & property value in question HARDLY THIN AIR. OUR promissory obligations creates all NEW money,only its stolen on conception then exchanged & published into an unequal representation of our production which is the evidence of our promissory obligations to each other.
chotaboy66 6 months ago
@chotaboy66 (7) When the second wave of fiat money moves into the economy, it goes right back to the banks. The previous process (steps 5-6) are repeated, but this time with a twist. The loans of last week are now deposits this week, which are reclassified as ‘reserves’, and again, 90% of that is defined as Excess Reserves, and that means that the bank, in order to prevent a double-claim against the same money, prints NEW money out of thin air.
solarDeviant 6 months ago
@chotaboy66 Thus, 90% of the original 90% is brand-new money, and this happens again…and again…and again…approximately 28 times for the same money to become deposits, loans, then deposits again, etc.
solarDeviant 6 months ago
@chotaboy66 (8) All of this adds up to: Bank Fiat Money is about 9 times the National Debt that started the entire process when they asked the Fed for some money. Adding the Original Debt, that makes the Total Fiat Money equivalent to 10X the National Debt…this is where the term “ghost dollars” comes from—for every 1 dollar that exists, 9 ‘ghost dollars’ exist.
solarDeviant 6 months ago
@chotaboy66 (9) This means that Inflation is about 9-10 times the National Debt, meaning OUR TAXES ARE 9-10 times THE NATIONAL DEBT. Without realizing it, through inflation, our taxes are through the roof due to inflation. This becomes especially scary when you realize that because our monetary system is based on debt, the money supply goes up the deeper into debt we become.
solarDeviant 6 months ago
@chotaboy66 When we pay off our debt, then the money supply goes down, and prices collapse (in reality, they ‘reset’ to what the Free Market and the laws of Supply and Demand want). This is cause of boom and bust cycles. In essence, if we didn’t have debt, then we wouldn’t have money.
solarDeviant 6 months ago
@solarDeviant What we are suffering is continuous Circulatory deflation via the obfuscation of our promissory obligations to each other where the banks steal circulation by fraud & we also suffer the manifestation of price inflation which is primarily caused by charged interest that was never created into circulation thus business & commerce has to rise its prices in order to keep their profit margins & still make good on their own interest payments on their own purported loans to banks .
chotaboy66 6 months ago
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chotaboy66 6 months ago
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@solarDeviant There is no free market so long as the banks obfuscate our very own promissory obligations to each other? When WE pay off our own purported loans the circulation that consists only of principal is stolen causing mass circulatory deflation & national debt for the interest we pay also depletes circulation at a ever increasing rate faster than any national debt injection.When one pays off a loan + interest another defaults in the chain for there is never enough money in circulation
chotaboy66 6 months ago
@solarDeviant There is no loan to begin with from bank. A borrower is really the obligor who creates principal ONLY & its the obligors responsibility to PAY DOWN & retire the creation out of circulation over time to defeat circulatory inflation only the bank doesnt retire the obligors payments claiming its the creditor by fraud causing the opposite endless circulatory deflation stealing principal on conception prior the exchange then again after by charged interest that was never ever created.
chotaboy66 6 months ago
@chotaboy66 This system is unsustainable, as we can see from other countries and their economic situations. Countries in Europe are experiencing the same economic hardships due to their fiat money, and countries like India, Iran, and China are actually starting to hoard tons and tons of gold and at the same time, they’re not buying as much of our debt as they used to, while they dump billions in euros and dollars.
solarDeviant 6 months ago
@chotaboy66 The argument that China needs us as badly as we need them is nonsense if they have tons and tons of gold in their vaults.
This is America’s Monetary System in a nutshell.
The Government can be ‘fiscally conservative’ or ‘fiscally liberal’ in its spending in both a Commodity-Backed Monetary System and in a Fiat-Fractional Reserve System. It’s the Monetary Policy that makes all of the difference.
solarDeviant 6 months ago
@solarDeviant You fail to see the obfuscation of our promissory obligations whether its represented by fiat, gold or whatever,if one divides the gold on hand by the number of people.In the case of the U.S, reported monetary reserves are $80b, divided by a 300m population = $266 per capita to do all your business & saving etc.A return to the gold standard CAN be artificially deflated as long as the represented property exceeds $266 per head ,Which IS a case of PERPETUAL, MONUMENTAL DEFLATION .
chotaboy66 6 months ago
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@solarDeviant Fractional multiplication is a Fictional expansion thats secondary to the obligors creation.It multiplies down eventually NOT UP the only way banks can continue expansion is if one of us walks into a bank & signs a promissory note which is a Financial Instrument,liability,principal Deposited in a Bank backed by the property value in question.A gold standard I might add gave birth to fractional expansion simply because there is not enough gold to represent all the property value.
chotaboy66 6 months ago
@chotaboy66 With a Fiat Currency, the Government can literally spend money on anything it wants, which is what America is doing: troops in over 100 countries, constant wars, welfare spending like crazy, jobs for literally digging ditches, phony ‘stimulus packages’ that don’t do anything but worsen the situation, bank bailout after bank bailout. And they do this by printing new money and the taxpayer never sees it—they don’t even realize that they’re getting taxed 10 times our National Debt.
solarDeviant 6 months ago
@chotaboy66 With a Commodity-Backed Currency, however, politicians are forced to be fiscally sane. You can’t have your troops in over 100 countries ‘spreading democracy’ without paying for it, and you can’t pass fake spending programs without paying for it—and the only way to pay for it with a Commodity-Backed Currency is by directly taxing the people. And if the people saw how much this cost, they would throw every last one those elected officials out on the street.
solarDeviant 6 months ago
@solarDeviant 99% of Taxs is a direct consequence of unnecessary national debt yes.A currency in circulation that is not equal to all property value & not equal to all debt obligation simply results in fluctuations in circulation which is the evidence or theft of circulation & thus purposed manipulation of all property.Most Tax is essentially a result of the root cause of failure by a obfuscation of our promissory obligations to each other where the circulation is stolen by fraud then laundered
chotaboy66 6 months ago
10:28 Bonds are bought with the evidence of our promissory obligations to each other where a theft of circulation is occurring as I write by the banking obfuscation of our promissory obligations to each other.This printed money is NOT CREATED OUT OF THIN AIR,its stolen from circulation GROUND FLOOR first by stealing principal on conception via our own purported loans to a bank then again after the fraudulent exchange by charged interest which depletes circulation that only consists of principal.
chotaboy66 6 months ago
@chotaboy66 In 1913, the European bankers extended their operations to the US via the creation of the Federal Reserve System, the US version of the Bank of England’s central bank. The Federal Reserve System, a consortium of private European and American banks, would issue the same debt-based money in America as had the Bank of England in Britain and the bankers would continue their power and influence in America as they had in England and Europe.
solarDeviant 6 months ago
@chotaboy66 In the 21st century, America’s run at the table of fortune is coming to an end as did England’s one century before. In 1970, America’s balance of trade went negative (as did England’s in the 1870s) and again like England, its military budget would consume more and more of its national wealth.
solarDeviant 6 months ago
@chotaboy66 Bucky maintained that mistakes are an integral part of learning (see Fuller’s Mistake Mystique, see ( flighttogenius . com / mm_ebook . pdf), Fuller maintained that the universe evolves by mistakes, learning ever more as it does so—and that includes mankind—no matter how dissociated our minds think we are from the originating phenomena of life.
solarDeviant 6 months ago
@chotaboy66 LEARNING IS HAPPENING
It is a lesson the bankers and the Bilderbergers will soon understand.
POWER IS NO MORE CONTROL THAN CREDIT IS MONEY.
solarDeviant 6 months ago
healthnews33.blogspot.com - because health is important for ALL of us !(please share with you friends, loads of cures for ''uncurable'' diseases)
barry0033 6 months ago
Wall street is a consequence of a corrupt monetary system where we have hedge funds & trusts who steal OUR wealth via a obfuscation of our very own promissory obligations to each other at all local banks .These Trusts manipulate prices of company's with the money they have stolen from us.To invest in any company its only a TRUE investment on the initial float ,the rest is mere side bets that unnaturally manipulate a company's true value only resulting in unearned profit at someone else's loss.
chotaboy66 6 months ago
@chotaboy66 No paper money system has ever lasted, all have ended in failure and disaster and this present system will end the same way—no matter what efforts are exerted on the behalf of paper money.
solarDeviant 6 months ago
@chotaboy66 It was the bankers of the west that invented this game of charades where credit and debt masquerade as money. It is a charade that has lasted three hundred years. All games end, however, and this game is ending now, gratis of the universe whose intelligent hand Buckminster Fuller saw everywhere, even in our mistakes.
solarDeviant 6 months ago
5:40 Its because none of you can prove mathematically perfected economy incorrect none of you will even mention it let alone even try to disprove proof of solution rather all you guys evade the solution Hm One has to ask one self why you like many others evade irrefutable proof of solution. EAT YOUR OWN WORDS JONES. When are you going to wake up to reality bud, if you don't you & all your troop of economic truthers WILL have mud on your face .GO ahead Ignore logic & 2nd grade math at your demise
chotaboy66 6 months ago
@chotaboy66 Capitalism is the description of the wholesale introduction of credit into the world of commerce. Prior to the introduction of the Bank of England’s debt-based money, the words "banker" and "capitalism" did not even exist. The previous description of banking was "money-lending", an avocation made possible by the charging of interest on the lending of gold.
solarDeviant 6 months ago
@chotaboy66 The utterly brilliant ascent of the money-lenders was made possible by their pact with government, first with King William of England, wherein private bankers would be allowed to issue public currency on which they could charge interest just as they had previously with gold—and government could then spend whatever it wished of the public’s money, usually on war.
solarDeviant 6 months ago
@chotaboy66 The advantages are obvious, at least to the bankers and governments. Over time, however, the credit based "money" turns into debt on which compounding interest is levied. In this system, time is the enemy as time compounds debts as well as the amount of paper money causing a continual debasing of previously issued currency.
solarDeviant 6 months ago
@chotaboy66 The ultimate seduction of credit lies in its ability to deceive the debtor into believing that it is real money he or she has. It is not. Credit and debt are two sides of the same coin, albeit a coin of highly dubious origin.
solarDeviant 6 months ago
@chotaboy66 The two-sided coin of credit and debt was substituted for gold and silver in an arrangement that served bankers and government, not producers and savers; and, much to the chagrin of the Bilderbergers and their bankers, the rest of the world, sic producers and savers, are now beginning to catch on to this increasingly obvious truth.
solarDeviant 6 months ago
@chotaboy66 The recent rapid rise in the price of oil is a reflection of the intention of oil producers to no longer automatically trade their limited supply of oil for an unlimited and continually devaluing supply of paper money. The current volatility in the price of gold and silver is a reflection of the death throes of the Bilderberger’s regime of paper money.
solarDeviant 6 months ago
Hahaha!
f41scum 6 months ago
Its not a ponzi scheme GERALD ,For crying out loud when will you guys stop confusing people with shit that isn't true . By definition a ponzi scheme one has to invest their own money in oder to gain from the ponzi scheme .Um is any of you haven't noticed all banks DON'T invest their own money THEY STEAL IT, its not their money ITS OURS , Banks give up NO LAWFUL CONSIDERATION OF VALUE in any purported loan WE DO.Why do you advocates of truth LIE? all one has to do is look up a simple definition.
chotaboy66 6 months ago
You know all the money they print is not out of thin air its really evidence of OUR promissory obligations to each other.To loan any money that money had to exist first? Well no money ever existed until one of us signs a promissory note,any national debt only represents a sum that has already been laundered out of circulation over the years via a banking obfuscation of our very own promissory obligations to each other where they steal circulation by FRAUD thus laundering it via interbank lending
chotaboy66 6 months ago
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@chotaboy66 To really understand this and to be able to sufficiently define “Monetary Policy”, it is important to define the 4 kinds of money: Commodity money (money back by gold in most cases), receipt money (money that can be redeemed on demand in full value in terms of gold or silver by the receipt-holder), fiat money (money not backed by gold or silver and is deemed legal tender by decree) and fractional money (which is how we function today along with fiat, and will be addressed later).
solarDeviant 6 months ago
@chotaboy66 There are basically 2 different ways to answer the question of how money is created and regulated: 1) a government body; 2) a central bank. The U.S. Constitution clearly states that one of the Congress’ obligations is “To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures.”
solarDeviant 6 months ago
keep in mind, that without trillion $ printing 50 Mill. americans incl. all gov. workers have not one cent in their pockets. This means civil war... so Celente !, do you really recommend stopping the FED print job ? Its a terrible dilemma because china will flood the world with its $ bonds before they are devalued. A Hyperinflation is unavoidable. The result will be the destruction of this tiny rest of democracy and hopefully no WW3
quantengott 6 months ago
@throttlejockey77 Well he says we should educate ourselves about the issues, then try to elect mayors, senators etc. that represent the people, not the corporate interest. I know there is not any magic solution, we as a people must resist, and not buy into this whole scheme
fearlessftw 6 months ago
Gold is going up because Libyas gold reserves were looted.
k12rising 6 months ago
Soon, you'll see these murdering traitorous pimps...
wearing halo's around their heads and the mindless
people will really bow down when they see that!
What else is a red carpet but a halo on the ground?
It's all about imagine and poor people...
going googoo gaagaa over people...
who have more money than they do.
If you're mega rich or mega powerful...
you Must be better than me!
No...you must be one dirty mother fucker.
frickadele 6 months ago
Real news
TheStartrekkid 6 months ago
I for one thank Celente, Peter Schiff, AJ, and myself for looking at this whole horrible movie with a critical eye.
I need to go grind some corn.
DougWardBlammo 6 months ago
I wanna shit on Greenspan's face, fucking half dead old man zombie
Freedomcostmoney 6 months ago
Obama certainly lived up to his "Change you can believe in" campaign slave slogan.
There's been a change in staged terror attacks, a change in invading innocent countries, a change in potbellied pigs patting down American's, a change in unemployment, a change in the US dollar's purchasing power etc etc etc.
Change has definitely happened!!
Freedomcostmoney 6 months ago
The only real recession happening Alex is your ridiculous pushed back hairline. I'd worry about fixing that crappy hair piece and go see a real hair doctor.
Freedomcostmoney 6 months ago
But when does the economy going to collapse...i hear that shit for years now.....
Hit the ceiling allready
Negotiatorr 6 months ago
because its something else
shawnbergstrom 6 months ago
do you think its bad guy worship or something else
shawnbergstrom 6 months ago
alex jones is a fake messiah all of your guests are fake
shawnbergstrom 6 months ago
Celente was interviewed by Oprah? Didn't Oprah attend the Bildeberg conference last year? Isn't she an Obama supporter? Didn't she leave Chicago because Chicago is about to be Death Camp Central under Rahm Emmanuel control?
aliensoul 6 months ago
@aliensoul why are you posting stuff trying to creat propaganda A
shawnbergstrom 6 months ago
@shawnbergstrom
No. Sorry, I didn't mean to imply Celente is a Bildeberg. No, he's tells the truth. What I mean to say is, that it is creepy that Oprah [a known Bildeberg] is interviewing Celente [a known freedom fighter]. I want to hear that interview if it's on Youtube, and see if she ridicules him or supports him. I would guess she would have given it a giggle-flavor and painted him a kook. Or pretend to be one of us just as Perry is pretending to be.
aliensoul 6 months ago
@aliensoul why are you posting stuff trying to create propaganda A
shawnbergstrom 6 months ago
Pentagon Deploying More 20,000 Troops In U.S. To Prepare For Economic Collapse Civil Unrest
youtube. com/watch?v=lXHmBYkNHQg
___
Clown's Message on Debt Agreement
youtube. com/watch?v=y82n1vSM4v0
USFullOfLies 6 months ago
48 hours before the Norway police were practicing a DRILL for bombs of govt buildings-the day BEFORE the bombings,The DHS puts out a video showing mainly "White people Being Terrorists" now- and what comes out?! A white man blue eyes as the prime suspect "who by himself mind you" was able to carry out a complex bombing with "tons of fertilizer' (oklahoma city anyone? and "by himself" kills over 80 people at a youth camp!?
by BUFFALOCALZONE
/comment?lc=HGpkwKZ7bvX4La1Fhj6yjVjZnNgZ4omFUoR9aQTIkWk
USFullOfLies 6 months ago
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U.S. Invasion of Libya Set for October
infowars. com/u-s-invasion-of-libya-set-for-october/
youtube. com/watch?v=35ndI5Z0C2A
BREAKING NEWS: GADDAFI HAS THREATENED TO ATTACK EUROPE IF NATO DOESNT RETREAT
bbc.co. uk/news/world-africa-13997322
youtube. com/watch?v=i7hqcdWYRJk
No Fly Zone Over Fort Calhoun Nuclear Plant Due to “Hazards”
ncrenegade. com/editorial/no-fly-zone-over-fort-calhoun-nuclear-plant-due-to-hazards/
USFullOfLies 6 months ago
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WEBSTER TARPLEY - PAKISTAN IS THE ROAD TO WW3 (1/6)
youtube. com/watch?v=qqKKGfeZucI
China Issues Ultimatum to United States
youtube. com/watch?v=dIpFapqOWoA
Congress Vote On Declaration Of World War 3
blog.alexanderhiggins. com/2011/05/15/congress-vote-declaration-world-war-3-endless-war-borders-clear-enemies-22785/
The site was recently got hacked.
Get yourself prepared.
USFullOfLies 6 months ago
WIKILEAKS: Al Qaeda to unleash 'nuclear hellstorm' if Osama killed...
news.ninemsn.com. au/world/8241119/capturing-bin-laden-would-unleash-hell
WWIII
USFullOfLies 6 months ago
"CIA spy" Davis was giving nuclear bomb material to Al-Qaeda
Double murder-accused US official Raymond Davis has been found in possession of top-secret CIA documents pointing to the American Task Force 373 (TF373) providing Al-Qaeda terrorists with “nuclear fissile material” and “biological agents," including a nuclear "dirty bomb."
in.news.yahoo. com/cia-spy-davis-giving-nuclear-bomb-material-al-20110219-224833-452.html
USFullOfLies 6 months ago
U.S. 4-star General Wesley Clark (Ret.), explains that the Bush Administration planned to take out 7 countries in 5 years: Iraq, Syria, Lebanon, Libya, Somalia, Sudan, Iran (2007 up to 2012)
youtube. com/watch?v=4HTjt9rlN0A
youtube. com/watch?v=lpBAC9dPr-o
"Japan’s government, threatened with more HAARP attacks, pays 60 trillion yen to Feds"
eclinik.wordpress. com/vital-issues/ben-fulford/japan’s-government-threatened-with-more-haarp-attacks-pays-60-trillion-yen-to-feds/
USFullOfLies 6 months ago
Uncle Tom Obama vists his masters he is getting his new orders!
JohnnyBGood11 6 months ago
celente has some huevos muy grandes!
katkal3 6 months ago
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I think I need to buy a Russian made AEK-971 assault rifle as well as buy a RPG-7, SVU sniper rifle, PKM machine gun, SU-74 with the silencer, and the MP-443.
From Russia with love.
Hellu235Sing 6 months ago
the bullets,banks and bombs club
katkal3 6 months ago
We know these Washington rats are traitors and criminals and terrorists, supported by the banker scum, but where are the people who can stop this? the traitors are in control so where are all the good men and woman in law enforcement and military, FBI etc why are they hiding, Why is nothing being done about this, obviously they are owned and everything we used to believe was a lie now these traitors are showing their true colors , this shit has to stop, they have to face justice.
austr8lia 6 months ago
Greenspan, another one of these Goblin Zionists in charge of America's finance.
SHEEPLEwhisperer 6 months ago
"In the beginning of a change, the Patriot is a scarce man, brave, hated and scorned. When his cause succeeds, however, the timid join him, for then it costs nothing to be a Patriot."
Mark Twain quoted by Mr Nick Scott.
chidoriown7 6 months ago