The Truth About Banking And Banking Reform? Part 2 / 2

[Iusedtohavemojo]

Hi Simon.You should be a guest at Keiser report on RT.Bill Still was there couple of weeks ago. Push for it to happen.

[bankingreform]

@Iusedtohavemojo Can you give an introduction?

Thanks for suggestion. Sure we will cross paths at some point.

Simon Dixon

[edgewayround]

So what would it take to implement these reforms you speak of? I am no economist by a long shot, although do understand something needs to be done.

[bankingreform]

@edgewayround A lot of work, but more likely a collapse of the economy before we do anything that would look like the reforms we need. :-)

[edgewayround]

@bankingreform - Maybe a total global collapse is what is needed then, sounds horrible, but what else can be done before the people in position to do something pull their head out of the sand? Then we could have total reform. Lets hope it doesn't come to that. If it does, lets hope a plan is in place that will benefit all.

[nasilu]

This is why communism is the only answer. Money is just a man-made object that people are told to believe has some kind of "value". Then this oject is given as compensation for work that these people perform. These people then take the object to the store to buy goods for themselves. And the cycle repeats.

This would be solved in communism because instead of there being a man-made object used people would just work for the good of themselves and others.

[edgewayround]

@nasilu - Yes this works in theory, but as we have seen throughout history, people like to own stuff, I myself like to own stuff. I agree some things such as land would be better off leased, but communism does not work, government is good at some things and bad at others.

[TimmacTR]

Interesting. I always was interested in the system and felt that something was out of place, something like an infinite loop, a division by zero, something like that. Your explanation makes sense, but before jumping to conclusions we should analyse this system in detail.

Questions: -In your system, if you ''create'' money for free, is it exclusively for the government? If not, then how do you decide who gets the money?

- Doesn't your system cause the money to loose value? Currency loses value?

[CalicoVall]

@TimmacTR *nods* That's why I'm more in line with the Social Credit system.

[MikesMethods]

Don't know how you found me but I pretty much agree with everything on your channel. Nothing new to me. Government has unlimited spending with our current system and spent so much there is not enough money in the world to pay off our debts. We have to make more than we spend, and for a very long time, and with all the wars we're mixed up in, increasing the debt by 4 billion a day, I don't see that happening. In short, we're fucked.

[TakerSP]

I agree with your point of view! The system is going to collapse and they dont even realize!! Thas called Normalcy Bias!

[beckweth]

You had me all the way up to Democracy being the answer. We have a Republic.

[LiamE69]

Do the banks smoke crack?

I suspect they do to be honest.

[Will224000]

You casually state that the US copied the Bank of England system... It was much more subversive than that. The Revolutionary War was fought for Independence from the BoE. They wormed right back in. A failed attempt at assassination of Jackson earned us a reprieve for a short time until the Rothschilds' BoE created the Civil War to attempt to split the States. They then killed Lincoln. Our fate was sealed by then. It took until 1913 to complete the Crime.

How can 'Reform' change anything ?

[bankingreform]

Hi @Will224000

I understand,but I think every scentence could have a whole documentary created on how it happened.

I focus my energies and efforts on making change rather than pointing fingers.

It is just my style. I am more about results than getting angry about the past.

Change has to happen because the whole system will collapse, it is inevatable.

I don't feel so helpless, I am sure you think that is naive, but as an entrepreneur most think you are naive when you start anything.

[Licmycat]

Who are the official economists....don't make me go bust some noses....

[bankingreform]

@Licmycat There are loands of economists, but all economists tend to subscribe to a school of thought that no economists agree on. It has never been a science, yet we use it to run our economy with disastrous consequences. They very rarely have hands on experience, they tend to spend their life in the books.

[Licmycat]

@bankingreform Yes, I wouldn't doubt they are paid for lies from those corrupt bankers.

[bankingreform]

@Licmycat from working with many bankers I have found that to make change getting angry at banks and calling them corrupt gets you nowhere.

There are much more effective ways of manifesting change than getting angry and pointing fingers.

We need to make change and work together not just shout and moan.

Just my experience from business and creating political change.

Simon Dixon.

[Licmycat]

@bankingreform OH, yes. For some time now I've decided never to patronize any banks. For what little money I have. There will be no 'account' in my name. My comment is just a reason; "Why".

[SchralperDotCom]

make sure to check out these videos, Damon's got some great insight!

youtube.com/user/councilonsper