::::Suggestion for the Worlds Eco-No-Mix Cri$i$::::
We know money is debt or has debt attached to it, right ? right, so we also know the banksters create it out of thin air (& really thick minds I might add) with their fractional reserve banking. So why not just reverse engineer the Money Mechanics & create good breathing quality thin air out of all the worlds debt, at least we can all then BREATHE AGAIN
If governments don't want to take charge, the people must. The system requires people to borrow money to work, so we all need to stop using credit where ever we can. It's a scam, so don't feed the scammers.
@park3r7 "The system requires people to borrow money to work, so we all need to stop using credit where ever we can"
LOL that is the issuse.. consumers aren't going to stop using credit -- they want credit. and these so called "scamers" are providing a service that consumers want
Remember banks dont force consumers to take out loans and credit card -- conusmers out of there own free will want credit..
That's an old banker's lie to confuse people into thinking that they need to borrow it from them at interest. Credit issued for productive purposes will yield an increase in the physical economy. So, a sovereign government issues credit through a regulated banking system (Glass-Steagall) and then when that credit is monetized, it is used to pay people's wages/salaries/dividends that are the result of normal market activity. No debt expenditure is incurred and a physical net yield is the result.
Ron Paul is pretty much our last hope. He is the only candidate that talks about these problems with our monetary system.
No other candidate believes in the need for REAL money. I haven't heard any other candidates even mention monetary policy. He is also the only candidate that wants to put an end to the Federal Reserve system.
Without the truth, there can be no real morality, justice, equality, success, freedom, love, security, peace, spirituality or even survival. If you are seeking the truth, search "Truth Contest" in Google, then open The Present on the homepage and read what it says.
We have seen the corruption from big businesses and the governments. They betrayed us, they censor us, they hurt us. We're done with it, and you should be too!! If you want to be part of the movement to bring back freedom and happiness, and for the people to rule the governments then please go here:
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Banking is legalized robbery. If it was monitored by an HONEST Government then maybe it would work, but corruption always sets in. Some say that Banking is also one BIG legalized Ponzi Scheme.
America is long bankrupt & foreign countries dictate them. The US is by far & away not the only broke country. I believe the collapse will happen within 3 years.
@Romans1014Preach That's another one of government's little un-truths. America is not broke. It appears to be because at street level, the dollar has lost 80% of its value since 1960. Plus, all of the wealth is being siphoned off by those who know how to manipulate and exploit the system for their own wealth addiction. If the government can print money out of thin air, then why don't they just print what they need for their purposes and leave ours alone? Ask your political candidates that ???
@AceOfHeart2012 You are wrong. America is BROKE ! You are only living off the Chinese, Japanese, Saudis, Germans etc. that bought your debt & will KILL you off. You are beholding to those nations & contrary to what you are being told you are not a free nation anymore. Also you have virtually no industry anymore. You are DOOMED ! You will pay a heavy price & indeed already are.
By the way the Govt is BROKE, because they represent the BROKE American people. Only the Illuminati are ALIVE & WELL.
@Romans1014Preach OK. Coming from a Christer it's not surprising that that would be your posture. Enjoy your fear based paradigm. Truth. THERE IS NO GOVERNMENT. It's a figment of your imagination. That's what those who live in a fear based paradigm don't yet grasp. There is no money. There is no debt. There is no spoon.
@AceOfHeart2012 Really ? You have no idea what REAL fear is ! When you die you will find out.
Now as to your NO Govt comment. Are you insane ? You are under their control !!!! Try telling that to the David Koresh ! Do yourself a favour & read 1984. Your other comments are laughable. Are you on dope or something ? Some people will never get it !
@Romans1014Preach How can it be that we are in Debt to nations rather than people that hold the money are and preventing it from being circulated. We don't need money from China, we can print our own money. We don't need money printed from China. The U.S has more resources than china why would we borrow from them. China is communist their economy is going to crumble if they don't open to a free market. The U.S.A being in debt to other countries is a cop out and a scape goat.
@apolllos7 Anyone can print money. It has been done before. The problem being is that it becomes worthless & hyper-inflation eventually kicks in. It is a temporary solution but becomes a long term catastrophe !
The WEST has borrowded, borrowed & then borrowed some more. The cycle will end in DISASTER !
The USA is the WORST of the lot though. It is a ticking BOMB & it will eventually explode in everyone's face. No pun intended.
@apolllos7 It is getting bad also in Germany. They have just announced a 20% increase in gas heating prices for October. They are very nice about warning people. They do not have to worry though as the bankiticians are covered by disasters like this. The proletariat, or scum as they probably refer to us as, are hit for six. That is a cricketing term. In the US you probably would say you are hit out of the ball park.
That's an old banker's lie to confuse people into thinking that they need to borrow it from them at interest. Credit issued for productive purposes will yield an increase in the physical economy. So, a sovereign government issues credit through a regulated banking system (Glass-Steagall) and then when that credit is monetized, it is used to pay people's wages/salaries/dividends that are the result of normal market activity. No debt expenditure is incurred and a physical net yield is the result.
@TheJoker7682 You are talking semantics. If you lend money to someone, do you want to be paid back ? I have been done in many times. No banks can work like that. Yes at first they have free money but then they must make it work for them. It is not that hard really. The real problem is when banks go in right over their heads & then things turn real nasty. The banks were de-regulated at the end of the nineties, remember. Who REALLY de-regulated them & WHY ?
@apolllos7 "The U.S has more resources than china why would we borrow from them. China is communist their economy is going to crumble if they don't open to a free market"
LOL firslt a) you living in the past --china isnt commujnist any more -- and they have open to a free market like 20 years ago.
and b) China has alot more resources than the US -- for a start they have no shortage of labour ( given that 20% of the worlds population lives in china)
@Romans1014Preach man everybody picks on the leader ,america is not broke and is not weak if we take an island country madagascar for ex and all the world fights america for that island US is going to win that battle without a doubt ,america will default on it;s debt like greece and nobody can do anything about it ,yes it will be hard times for americans but for everybody else as well ,i'm not from US but i understand that unfortunately US has taken tha planet hostage and we can't do anything
@io007a The US is not the only BROKE country. Look at Greece, they were offered money from everywhere & then had the cheek not to disclose the full extent of their borrowings to the EU. It had to come out eventually. Everybody has forgotten what happened in Iceland which was 1 big Ponzi scheme. Wait till Spain and/or Italy get the begging bowls out. Then it will get really nasty. Spain has a 46% unemploymet rate for thouse under 21 ! Anyway we shall see how it all pans out.
I have a very basic question I'm hoping someone can answer. If the principle of a loan is created as new money when someone borrows from a bank (with none of the bank's actual money being lent out), then how does the bank suffer when the borrower defaults on the loan? I know there are negative consequences for the bank, as this is why so many banks went into trouble during the mortgage crisis, but I don't understand exactly why, as the only thing that happens is the new money is not destroyed.
@PrettyLittleHorses I suppose they suffer because they cannot count on the money you were "returning" them. So they can't carry on loaning to others. They would be actually far form starving... they just would be able to work as banx anymore.
im 16 years old and after watching this i feel trapped and with no control over my money and my potential. can one of you guys please tell me any steps i can take to change this cruel destiny?
@Blackart3D Unfortunately, as long as you reside in a money based economy, there's not much you can do outside of simply playing along with the current money game. Relating to this good video, that means expending your future labor for promise notes (debt/money coins and notes), and then exchanging those promise notes for a house, food and clothing. So in a money system, just become educated and and try to get as much promise notes as you want/need.
@Blackart3D The whole money system is stable (in the sense that running in circles and counting to infinity is stable), problems only occur when man made laws and regulations are broken combined with capitalist interests (which really is just greed for more profit-2009 GFC). Because there are no inbuilt ethics in capitalism, or banking, ethics have to be imposed. It'll make sense when you answer 'why doesn't a multibillion $ company spend a 1/2billion to build a sustainable free food factory?'
Those kids at the beginning are so cute that they think adults save their money. I just wish I could be there when their little hopes are crushed under the weight of a tyrannical banking system designed to enslave the masses. What am I talking about? By the time they grow up, we will all have been replaced by machines.
@tomblack2112 lol thats funny.. Are current economic system is such that if a person finds themselves in water above thier head they would choose to drowned because noone is paying them to swim to shore. You probably get what I mean.. the politicians, people, so many stupid fuckers, the system perpetuates this false reality that money actually "does" something..it doesnt! Money is an inatimate object with no "real" value whatsoever.
also of course money is debt, when you work your wage is the debt that your boss owe you. Do you want your boss to pay you with food or something you can carry and you choose what to spend on.
getting an interest on money, or a loan, is only a problem if real goods and services are not generated with the investment of that loan. Most of the time real goods and services are generated. As long as we dont have too many defaults and not high inflation it's ok.
It's great to learn this so you don't remain ignorant of the situation but my question is what does a normal person like me do with this knowledge? Do I continue to pay off my personal debt as quickly as I can? Do I take advantage of the system by using money to make money? I mean watching this series makes one feel hopelessly trapped with no way out but does not give any answers explaining what to do.
The use of barter-like methods may date back to at least 100,000 years ago, though there is no evidence of a society or economy that relied primarily on barter.[9] Instead, non-monetary societies operated largely along the principles of gift economics. When barter did occur, it was usually between either complete strangers or potential enemies.[10] wikipedia
"This video is on point. The problem with the monetary system is that you can't avoid it at this point, as most people don't have enough cash reserves to circumvent it completely. You have to scrap it, and adopt a new system, which will get rid of the debt slavery society. Ruling elite don't want that.
BTW - if you guys are in trouble with credit or debt, call ----877-826-0587. These guys completely changed my life for $40/yr, which is amazing. Simply outstanding service."
There is a BIG difference between a bank giving you money on a "promise" and counterfiet money.
Yes it's true, you putting money in the bank is them 'promising' to pay it back to you... so you could look at it as you are leanding them money... or they are holding onto it for you. I think splitting the difference about depositing money and you loaning it to the bank is a valid point, but it's a far jump from that to justifying alot of the other points raised in this moive.
This video is excellent.The man who created it Paul Grignon, is ausome we need more people like him who inform people not scare them, and come up with solutions to real problems. ppl like alex jones, all the day is scare you and inform you but they never offer any real solutions thats why ideas like these are so great and that is what will change the world and our monetary system not rioting and fear mongering.
This is an invalid criticism.. Just because the money you deposit is loaned to someone else without decreasing your balance doesn't mean the loanee and the depositor can both spend the money. The bank keeps reserves of actual money to pay when either the loanee or the depositor makes a transaction. This just lets someone spend the money and repay it with interest instead of having it sit still in a bank vault.
@rbaradoy I and people like Ron Paul advocate competing currencies to compete with Federal Reserve notes. I think gold and silver willprobably be chosen as monies, but I think the people should be able to choose. Competition is the best disinfectant for government. They would be forced to offer us good money if they wanted us to use the government's money. If you liked this video, search YouTube for "Money, Banking, and the Federal Reserve." They offer solutions.
what do you mean "good money"? isnt all money good? Are you saying my money is bad? I just used my $5 dollar bill to get a hamburger and fries. Thats good enough
@KripDrip I mean money that can't be debased by the state. The dollar has been debased by almost 40% over the last decade. That means a saver has had 40% of his wealth/labor silently stolen by the stealth tax of inflation. Paul and hard money people don't view fiat paper currency as real money. It is forced upon us by the legal tender laws. A money is a commodity that has monetary functions. Competing currencies is what we are after. The state shouldn't have a monopoly because they abuse it.
We need to nuke 99% of americans: that 99% - the ones who defend Republicans and Democrats and their evil policies - the ones who LOVE being kicked out of their homes - the ones who LOVE working madly at bullshit unnecessary jobs round the clock - the ones who pretend to whine and complain about the rich getting richer,
but whenever a hero stands up to these injustices - like Dr Theodore Kaczynski, that gunman at the Discovery Channel, Loughner in Arizona - and take ACTION
@deskset24 ...talk like everybody else. and then these 99% of americans have the hypocritical nerve to call these hero soldier gunmen "sick" and "deranged" - that 99% of americans is to blame.
That 99% of americans needs to be nuked. This is why I have written to Obama several times asking for a full out nuclear war between USA and North Korea or Iran.
haha losiaczek85. we're in this mess because of people failing to pay back the banks as promised.
you use the term "real money" but that' incorrect. guess what, when I get a mortgage, I pay the home builder who uses it to pay employees. those employees eat dinner from my promise to pay back the bank.
there's no "real money"anywhere in that sense. let everyone stop paying back their loans and no one would eat for long.
im confused at 8:57. the counterfiet money would dilute the money supply and technically steal from those who are saving their money up, but for those who are in heavy debt, the counterfiet money would make money more plentiful and thus, debts would be easier to pay off, wouldn't it? someone please help. :)
@theboiljulia Steal (and not technically), really. Harm the savers and help the debtors, yes. To an extent. More like destroy the economy of both after a time and harm both while seeming to harm only the savers. Create a society where the counterfeiters never pay for anything and investments are made without need for long term planning and sound basis. Money can always be "printed" so why bother? This is a society of control by the banks, they pay for nada, and control all. Nice, eh?
@theboiljulia any new money created out 'thin air' and then circulated onto the market would create inflation and devalue your unit of currency. this means you would have to pay more and borrow more thus putting you in further debt. only if YOU created the counterfeit money would you benefit, but then you would be deemed a criminal as a result. only the banks are lauded for such practise.
It's worse than Gringnon makes out. The banks, by not spending as much as they earn in interest, force more indebtedness, and defaults on the the rest of the system.
All they have to do is retain earnings, then money people owe is greater than money available. So somebody has to borrow and roll over debt, or default. This is what they have been doing. Squeezing the system, only they're doing it worse, now. It's why everybody owes so much. The banks are taking our money... The banks are
@hyylo americans have enabled the government to do what its done, including government ran schools...obviously.. i went throught the brainwashing too, but it didnt work on me like it does the rest appearently
dont blame the people of the country. this has happened before. look at the roman empire, british empire and now the american empire. they all faded because of stupid government.
@hyylo What a load of shit. There is very little "evil" about the American education system, aside from their UFO denialism and animal experimentation. Formal education is just a convenient innocent scapegoat, like the Jews. It's the rightwing conservatard media, government, and everyone who eats meat (tortures animals, massive corporate welfare for meat-dairy industries), and votes for Demopubs and Republicrats who is to blame for the shithole economy. So, that WOULD be 99% Americans to blame.
@longfootbuddy not all Americans are hopelessly brainwashed, some of us have learned the truth and are learning every day, no disrespect to your comment but it urks me to see people use americans and not people they are brainwashed people everywhere, but I do understand where you are coming from... I am getting fed up with the majority of people in this country myself
@longfootbuddy In Quebec, Canada too. And as they speak french they know the truth always like 10 years after everybody LOL (ok I blast my own people but they deserve it since they step on the wagon of savage capitalist with HArpper and Charest as prime ministers!)
@longfootbuddy I'm right there with you.. I dont understand how people can be so oblivious to what is actually going on. Compared to what the media wants them to 'think' whats going on.
The bank is not creating money out of thin air, it need a deposit to make a loan. The bank must pay the deposit back and interest, so all it earns on the transaction is the difference between the interest rate of the loan and the interest rate of the deposit, PLUS the bank is taking on the risk of issuing the loan. Saying "The bank is creating money out of thin air" is misleading.
@LBFallon Yes I have seen both.They are almost right but not quite. The mechanism of banks lending money that has been deposited by others "creates" money when the loan money is then deposited again which then can be loaned again. That is how banks "create money out of thin air". It is law that you can only loan up to 90% of deposits. This means money can be multiplied by up to 9 times but no more. However, saying "banks create money out of thin air" is misleading.
@hugeboofhead Money can be multiplied 9 times, so the principal was multiplied by 9 but only the principal does really exist as real money. How this is not creating money out of thin air? I understand they need a deposit from someone first and that not more than 9 times the principle can be created, but is still creation of money out of thin air anyway. It doesnt mean they can create how much money they want to, but they create money out of thin air nevertheless.
@hugeboofhead no, the banks do make money out of thin air. How on earth do you think it starts and ends! Money doesn't grow on tree's, literally!. It's invented!
@hugeboofhead no dude they do make it out of thin are its not backed by anything i worked for a bank for seven years a major one trust me is structed for them to lose on that loan to sell it to a 3rd party and get it for cheaper amainly houses and land its a game to them
@hugeboofhead bruv, u need your head checked. if a bank only has to keep 10% of deposits in reserve banks inevitably create new money in the form of a loan on money deposited as a result of a previous loan. Come on, this is the most basic film about this topic. This is at high school level. To think that banks simply earn money on the difference in interest is just infantile
Financial crisis man? What are you? An alien? The reason we are in this mess is commercial banks giving LOANS OUT OF THIN AIR. It was all over media not so long ago. Are you 5yo or something? I don't believe you are such a moron not to know this. Banks conjures money out of thin air, and when loaners don't have the REAL money to pay them back, then you have a crisis, BECAUSE BANK GAVE SEVERAL TIMES MORE MONEY PROMISES THAN IT COULD. You truly are blockhed of epic proportions.
Getting back to the gold-standard, silver-standard, or any other kind of monetary system, will not work. We had these systems before and it led to our current corrupted system, and it would happen again because of the dishonesty that the monetary system can evoke on people. It was not a coincidence that all these ''good and honest'' systems preceeded our current bad and corrupted system. It simply could not have been different in any way. It's time to move forwards and quit monetary system
We only need a monetary system because the earth resources are finite. But if we use our advanced tecnological knowledge we can produce abbundance of pretty much everything, in a way we would not need a system of changes - as the monetary system - anymore. Is not the human disonesty that leads to a corrupt monetary system ( like the fractional reserves system which creates money out of thin air), is the monetary system that flourish the human corruption at it's very foundation.
There is a better way to do it. Our governents should issue money to deal with essencial services as decided by the people. Things like infastructure, health care, courts, education, etc. No personal income taxes and a minimum tax on business. It can and should happen, period.
What a great educational video. It is so important for Americans to understand how our debt-based monetary system works, before it collapses. In addition to these videos, I found "Why we are so much in debt" on YouTube to be helpful.
This is the same thing as government Federal Reserve printing free money at any time they want. It's stealing and unfair because the public have to work hard for their money: be it a job or a business. And the government just print them like that!!!
they should play this documentary every night at 8pm on every channel so that america sees whats going on with their money, too bad the media is too busy brainwashing folks
@Kike1316, spread the word about this video and the Money Masters. A friend of mine and myself handed out around 400 fliers giving this link to this video to as many as possible. E-mail this to everybody, tell strangers complaining about the economy about this etc. BE the SOLUTION and BE the CHANGE you want to see in the world. Check out Bob Chapman's youtube channel and tell others about it too.
The money system is, from the start, just a tool to enslave the less able ones. At the end it is the enslavement of all by the lowest instinct of our world.
Peace and freedom from the "Evil" Bankster to all, (Rothschild, Rockefeller, Warberg and friends)
All you need is fiat money, no need for it to be backed by any metals. Nobody believes the money in circulation today is redeemable for gold. What we can have is debt free fiat money. Whoever controls the supply controls the value. Simple.
@draoi99, unfortunately, it does need to be backed up by either gold or silver. Otherwise, it becomes another "fiat" currency just like it is right now. That doesn't solve the problem. May I humbly suggest listening to Bob Chapman's youtube channel. He is AMAZING and can explain things alot better than I can. Bob Chapman is a GENIUS!!
@zenithsage, we may not agree about gold but silver may be another solution or even Lincoln Greenbacks etc. ANYTHING but Federal Reserve NOTES or "dollars." The International Banksters hate people buying hard assets so I buy junk silver. That's another way to destroy the vampire sucking this nation dry. The Secret of Oz gives the solutions. Exposing these morons is half the battle, the more, the better. They CANNOT win if enough of us know what they are doing and who they are!
@zenithsage, I agree but who has the MOST greed?! The International Banksters who control and operate the Federal Reserve, Wall Street, The IMF and the World Bank!
"All problems, depressions, wars, disasters, assassinations, all of them were planned, caused, instigated, and implemented by the International Bankers and their attempt to establish a central bank in every country in the world, which they have now done, thanks to corrupt politicians who have been bought and paid for. This is all you need to know about the history of the world."- John Fitzgerald Kennedy
@zenithsage, sorry but you're mistaken. The BEST asset will be FOOD, and Non-hybrid, Non-GMO seeds, water, water filter, guns, ammo and finally gold and silver. ALL paper currencies will be DEVALUED by 2/3 which means you get 1 new currency for every 3. That's EXACTLY what happened to Argentina. The currency will become WORTHLESS! The Weimar Republic is happening all over again! Watch The Money Masters and The Secret of Oz for the SOLUTIONS!
If all money in circle, would be used to pay of our debt, we would still not be debt free. Cause the world bank and IMF are used to in-debt country's which in-debts peoples. And banks own the real estate market and has taken the opportunity to really own your house/apartment into a big loan, making you trustful as the price rises, until the bubble collapse as all other bubbles.
Debt grows and swallows your house value, while the Gov. use taxes to pay off the banks saving them instead of you.
@Totalreformer If all debts were paid off, there would be no money. As debt is money and money is debt, since it's created by debt and used to pay debt which is impossible to do since the interest grows larger and faster than the principal being loaned out (Principal = Interest)
@jimmyrtle - I was embarrassed on your behalf to see you leave such a stupid comment. But when I looked at your channel, and saw your only subscriber was george4title, suddenly it all made sense. LMAO!
@tehuan1, please keep in mind that this is NOT the United States of America..it does NOT represent we the "little people". The FEDERAL RESERVE and Wall Street are the REAL POWERS BEHIND GOVT. The Money Masters helps you understand this. Our Constitition has been hijacked and we are fighting to get our Constitution back!
can someone please explain, it said that william lyon mckenzie king "nationalized the bank of canada" what does that mean? that the canadian banking system doesn't work this way? if so, how does it work then? confused.
@redpetals333 Our bank is officially owned by Canada. Our Bank of Canada is authorized to give loans at minimal to no interest to gov't and municipalities for legitimate projects. For example, our St-Laurence Seaway was constructed with Bank of Canada money at minimal interest. During that time period, Canada had minimal debts. It was only after Trudeau's finance minister (in the early 70s), Jean Chretien, decided to borrow from private banks that our debt went sky high.
change won't happen.. people will keep buying homes, cars, businesses with money they don't have and continue to agree to be a wage slave in order to participate in this monetary system. Just like the matrix movie... people don't wat their illusions to end, instead they'll fight to keep it. People aren't ready to be "unplugged". There are people who tend to spen money that they don't have and there is a market for them called bank loans.
@MrAubery, those who refuse to get out of the "Matrix" will lose EVERYTHING they have worked an entire lifetime for. It has come now to the point where you'd better get out of harms way. All paper currencies are DOOMED! Only gold/silver will survive. They are destroying the world economy on PURPOSE! Sadly, people will have to learn the hard way. I suggest listening to Bob Chapman's youtube channel and protect yourself.
@MrAubery Look up videos from Robert Menard, Winston Shrout, tpuc.org, freeman-on-the-land, etc. There are a lot of people that are choosing not to do commerce with the existing framework.
The first paragraph is Not True. An individual Most certainly CAN inflate the circulating medium and lend what he does not have. People do it ALL the time. Gt other's to buy into the Illusion of what they are. That's how dating works. Most of the time it's OUR idea of what the other is that ultimately FUNDS the relationship. Until we find out the Truth!
We are a culture that favors laziness, for we try to get the highest amount of payment for the least amount of work. That is the failure of capitalism.
@jimmyrtle, yes they do lend money out of thin air. What do you think fractional reserve banking is, derivatives, credit default swaps, etc. The entire global bankin system is a CON!! Real money is gold and silver. Paper money=toilet paper. That's why we've lost over 98% of the purchasing power of the "dollar" since 1913. Our money used to be backed up by gold and silver and now it's fiat. We have all been robbed, scammed and conned. At least I'm buying junk silver to protect myself.
@jimmyrtle, that may be true but ONLY in part. Fractional reserve banking generally gives you a ratio of 9:1, but the Federal Reserve through derivatives is doing fractional reserve 20:1, 50:1, 100:1 and sometimes 200:1 which is FRAUD!! In the documentary, Fall of the Republic, derivatives are discussed in more details and that is what is causing the global economic crisis. It also discusses credit default swaps etc. Check out Fall of the Republic for a better understanding.
@jimmyrtle, I mean 9:1. Derivatives are zero sum but Goldman Sachs trades in derivatives. Goldman Sachs in one of the main stockers of the private Federal Reserve. You seem to have some knowledge on these topics, are you a listener to Max Keiser, Bob Chapman and Ron Paul and Bill Still and Von Mises Institute etc?! They are the absolute best to get further info from. I recommend listening to them. Take care!
@jimmyrtle, 9:1 means that when you deposit $1000, the Federal Reserve keeps only $100 on "reserve" and then lends out $10,000. "Helicopter Ben Bernanke" is talking about having "ZERO" reserves so we're in deep trouble and quantitive easing means printing paper money out of thin air backed by nothing. I meant stock holder of the fed. Ron paul may be a "clown" to you but at least he's trying to expose and audit the fed. The media LOVES to make him a clown. Listen to the others I suggested.
@jimmyrtle, keep in mind that the FEDERAL RESERVE banksters or the "Big 6 banks" OWN the mainstream media and they have paid off BOTH political parties. The Federal Reserve are the REAL powers behind govt. That's why they are called the Money Masters, the International bankers and the Illuminati. Let others now comment on these videos. We need more people to wake up! Take care! P.S. If you would like, you're welcome to "invite" me as a friend or subscribe to my channel.
@jimmyrtle Actually yes, money is made out of thin air. When the gov't creates a bond, the central bank then creates this money out of thin air as digital entries on the other side of the ledger.
Fractional reserve banking is the process whereby 10x or more the amount of fiat currency that was received by the bank on "loan" from its retail clients gets created as new loans to new customers.
@jimmyrtle Yes, but dont forget - High Street banks do not physically hand over their reserves/deposits!! The deposits/reserve issued to them by the Central Bank are removed completely from the money supply. However, they are then allowed to "create" money as a multiple of their reserves. Thats True Fractional Reserve THEFT - Sorry I mean "Banking".
2:39 AAAAAAND IT'S GONE.
gredangeo 3 days ago
::::Suggestion for the Worlds Eco-No-Mix Cri$i$::::
We know money is debt or has debt attached to it, right ? right, so we also know the banksters create it out of thin air (& really thick minds I might add) with their fractional reserve banking. So why not just reverse engineer the Money Mechanics & create good breathing quality thin air out of all the worlds debt, at least we can all then BREATHE AGAIN
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TheXprmnt 1 month ago
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so how are you going to not create money out of debt??? not many or take any loans? lol?
MrBigEnchilada 1 month ago in playlist Money as Debt II Promises Unleashed
Democracy is slavery, money is the means by which this takes place.
patthegrip 3 months ago
@NikDAleks But it has defininely opened its borders to free trade -- even if it is a single party state.
badpanda84 3 months ago
If governments don't want to take charge, the people must. The system requires people to borrow money to work, so we all need to stop using credit where ever we can. It's a scam, so don't feed the scammers.
park3r7 3 months ago
@park3r7 "The system requires people to borrow money to work, so we all need to stop using credit where ever we can"
LOL that is the issuse.. consumers aren't going to stop using credit -- they want credit. and these so called "scamers" are providing a service that consumers want
Remember banks dont force consumers to take out loans and credit card -- conusmers out of there own free will want credit..
badpanda84 3 months ago
That's an old banker's lie to confuse people into thinking that they need to borrow it from them at interest. Credit issued for productive purposes will yield an increase in the physical economy. So, a sovereign government issues credit through a regulated banking system (Glass-Steagall) and then when that credit is monetized, it is used to pay people's wages/salaries/dividends that are the result of normal market activity. No debt expenditure is incurred and a physical net yield is the result.
TheJoker7682 4 months ago
Ron Paul is pretty much our last hope. He is the only candidate that talks about these problems with our monetary system.
No other candidate believes in the need for REAL money. I haven't heard any other candidates even mention monetary policy. He is also the only candidate that wants to put an end to the Federal Reserve system.
justatrey 5 months ago 2
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counterfieting is not theft. please watch this video: youtube.com/watch?v=IeTybKL1pM4&feature=related
nicesocialgirl 5 months ago
If banks are unethical, would that mean folks like Warren Buffett who made his fortune in wells fargo bank is also unethical?
samann95014 5 months ago
Without the truth, there can be no real morality, justice, equality, success, freedom, love, security, peace, spirituality or even survival. If you are seeking the truth, search "Truth Contest" in Google, then open The Present on the homepage and read what it says.
DemianHermann 5 months ago
at least if the world ends it will because of america take that worthless other countries HAHAHAHAAAA
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PositiveMoneyUK 7 months ago
Good video.
Banking is legalized robbery. If it was monitored by an HONEST Government then maybe it would work, but corruption always sets in. Some say that Banking is also one BIG legalized Ponzi Scheme.
America is long bankrupt & foreign countries dictate them. The US is by far & away not the only broke country. I believe the collapse will happen within 3 years.
Romans1014Preach 7 months ago
@Romans1014Preach That's another one of government's little un-truths. America is not broke. It appears to be because at street level, the dollar has lost 80% of its value since 1960. Plus, all of the wealth is being siphoned off by those who know how to manipulate and exploit the system for their own wealth addiction. If the government can print money out of thin air, then why don't they just print what they need for their purposes and leave ours alone? Ask your political candidates that ???
AceOfHeart2012 6 months ago
@AceOfHeart2012 You are wrong. America is BROKE ! You are only living off the Chinese, Japanese, Saudis, Germans etc. that bought your debt & will KILL you off. You are beholding to those nations & contrary to what you are being told you are not a free nation anymore. Also you have virtually no industry anymore. You are DOOMED ! You will pay a heavy price & indeed already are.
By the way the Govt is BROKE, because they represent the BROKE American people. Only the Illuminati are ALIVE & WELL.
Romans1014Preach 6 months ago
@Romans1014Preach OK. Coming from a Christer it's not surprising that that would be your posture. Enjoy your fear based paradigm. Truth. THERE IS NO GOVERNMENT. It's a figment of your imagination. That's what those who live in a fear based paradigm don't yet grasp. There is no money. There is no debt. There is no spoon.
AceOfHeart2012 6 months ago
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@AceOfHeart2012 Really ? You have no idea what REAL fear is ! When you die you will find out.
Now as to your NO Govt comment. Are you insane ? You are under their control !!!! Try telling that to the David Koresh ! Do yourself a favour & read 1984. Your other comments are laughable. Are you on dope or something ? Some people will never get it !
Romans1014Preach 6 months ago
@Romans1014Preach How can it be that we are in Debt to nations rather than people that hold the money are and preventing it from being circulated. We don't need money from China, we can print our own money. We don't need money printed from China. The U.S has more resources than china why would we borrow from them. China is communist their economy is going to crumble if they don't open to a free market. The U.S.A being in debt to other countries is a cop out and a scape goat.
apolllos7 5 months ago
@apolllos7 Anyone can print money. It has been done before. The problem being is that it becomes worthless & hyper-inflation eventually kicks in. It is a temporary solution but becomes a long term catastrophe !
The WEST has borrowded, borrowed & then borrowed some more. The cycle will end in DISASTER !
The USA is the WORST of the lot though. It is a ticking BOMB & it will eventually explode in everyone's face. No pun intended.
Romans1014Preach 5 months ago
@Romans1014Preach Hyper Inflation is going on in America right now!!!
apolllos7 5 months ago
@apolllos7 It is getting bad also in Germany. They have just announced a 20% increase in gas heating prices for October. They are very nice about warning people. They do not have to worry though as the bankiticians are covered by disasters like this. The proletariat, or scum as they probably refer to us as, are hit for six. That is a cricketing term. In the US you probably would say you are hit out of the ball park.
Romans1014Preach 5 months ago
That's an old banker's lie to confuse people into thinking that they need to borrow it from them at interest. Credit issued for productive purposes will yield an increase in the physical economy. So, a sovereign government issues credit through a regulated banking system (Glass-Steagall) and then when that credit is monetized, it is used to pay people's wages/salaries/dividends that are the result of normal market activity. No debt expenditure is incurred and a physical net yield is the result.
TheJoker7682 4 months ago
@TheJoker7682 You are talking semantics. If you lend money to someone, do you want to be paid back ? I have been done in many times. No banks can work like that. Yes at first they have free money but then they must make it work for them. It is not that hard really. The real problem is when banks go in right over their heads & then things turn real nasty. The banks were de-regulated at the end of the nineties, remember. Who REALLY de-regulated them & WHY ?
Romans1014Preach 4 months ago
@apolllos7 "The U.S has more resources than china why would we borrow from them. China is communist their economy is going to crumble if they don't open to a free market"
LOL firslt a) you living in the past --china isnt commujnist any more -- and they have open to a free market like 20 years ago.
and b) China has alot more resources than the US -- for a start they have no shortage of labour ( given that 20% of the worlds population lives in china)
badpanda84 3 months ago
@Romans1014Preach man everybody picks on the leader ,america is not broke and is not weak if we take an island country madagascar for ex and all the world fights america for that island US is going to win that battle without a doubt ,america will default on it;s debt like greece and nobody can do anything about it ,yes it will be hard times for americans but for everybody else as well ,i'm not from US but i understand that unfortunately US has taken tha planet hostage and we can't do anything
io007a 2 months ago
@io007a The US is not the only BROKE country. Look at Greece, they were offered money from everywhere & then had the cheek not to disclose the full extent of their borrowings to the EU. It had to come out eventually. Everybody has forgotten what happened in Iceland which was 1 big Ponzi scheme. Wait till Spain and/or Italy get the begging bowls out. Then it will get really nasty. Spain has a 46% unemploymet rate for thouse under 21 ! Anyway we shall see how it all pans out.
Romans1014Preach 2 months ago
Could you of used a worse quality? The text is a bit too easy to read.
shaunburrows 7 months ago
I have a very basic question I'm hoping someone can answer. If the principle of a loan is created as new money when someone borrows from a bank (with none of the bank's actual money being lent out), then how does the bank suffer when the borrower defaults on the loan? I know there are negative consequences for the bank, as this is why so many banks went into trouble during the mortgage crisis, but I don't understand exactly why, as the only thing that happens is the new money is not destroyed.
PrettyLittleHorses 8 months ago
@PrettyLittleHorses I suppose they suffer because they cannot count on the money you were "returning" them. So they can't carry on loaning to others. They would be actually far form starving... they just would be able to work as banx anymore.
iacopodestefani 6 months ago
im 16 years old and after watching this i feel trapped and with no control over my money and my potential. can one of you guys please tell me any steps i can take to change this cruel destiny?
Blackart3D 9 months ago
@Blackart3D Unfortunately, as long as you reside in a money based economy, there's not much you can do outside of simply playing along with the current money game. Relating to this good video, that means expending your future labor for promise notes (debt/money coins and notes), and then exchanging those promise notes for a house, food and clothing. So in a money system, just become educated and and try to get as much promise notes as you want/need.
JeanLouie1106 9 months ago
@Blackart3D The whole money system is stable (in the sense that running in circles and counting to infinity is stable), problems only occur when man made laws and regulations are broken combined with capitalist interests (which really is just greed for more profit-2009 GFC). Because there are no inbuilt ethics in capitalism, or banking, ethics have to be imposed. It'll make sense when you answer 'why doesn't a multibillion $ company spend a 1/2billion to build a sustainable free food factory?'
JeanLouie1106 9 months ago
Those kids at the beginning are so cute that they think adults save their money. I just wish I could be there when their little hopes are crushed under the weight of a tyrannical banking system designed to enslave the masses. What am I talking about? By the time they grow up, we will all have been replaced by machines.
Well so long humanity and thanx for all the fish.
tomblack2112 9 months ago
@tomblack2112 lol thats funny.. Are current economic system is such that if a person finds themselves in water above thier head they would choose to drowned because noone is paying them to swim to shore. You probably get what I mean.. the politicians, people, so many stupid fuckers, the system perpetuates this false reality that money actually "does" something..it doesnt! Money is an inatimate object with no "real" value whatsoever.
mrSnakebiteVenom 9 months ago
also of course money is debt, when you work your wage is the debt that your boss owe you. Do you want your boss to pay you with food or something you can carry and you choose what to spend on.
getting an interest on money, or a loan, is only a problem if real goods and services are not generated with the investment of that loan. Most of the time real goods and services are generated. As long as we dont have too many defaults and not high inflation it's ok.
MrBigEnchilada 9 months ago
also of course money is debt, when you work your wage is the debt that your boss owe you
MrBigEnchilada 9 months ago
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Keep up the good video work looking good. When you have time come visit my channel!
chocolatediet11 9 months ago
I didn't need to sleep anyway.... ._.''
AndyManUSA 9 months ago
Pay off your debts with the highest interest rates first.
Get a line of credit at a lower interest then your credit cards and transfer your debt over if you have too.
When interest rates shoot up (which they will eventually), your monthly loan repayment will go up too.
Don't get caught with too much debt or your %$#@ed!
Everyone's situation is different but the banks will be buying up everything once the whole country (municipalities, states, etc) goes bankrupt.
Save some cash to buy stuff too!
bigwhiffa015 9 months ago
Intence, True colors,mate
samiwistler 10 months ago
It's great to learn this so you don't remain ignorant of the situation but my question is what does a normal person like me do with this knowledge? Do I continue to pay off my personal debt as quickly as I can? Do I take advantage of the system by using money to make money? I mean watching this series makes one feel hopelessly trapped with no way out but does not give any answers explaining what to do.
jkirchman79 10 months ago
@jkirchman79 well if you think money is not worth much you can hedge against dollars.
MrBigEnchilada 9 months ago
The use of barter-like methods may date back to at least 100,000 years ago, though there is no evidence of a society or economy that relied primarily on barter.[9] Instead, non-monetary societies operated largely along the principles of gift economics. When barter did occur, it was usually between either complete strangers or potential enemies.[10] wikipedia
PurposeOnEarth 10 months ago
We help YOU get your debt paid off!
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MopDMTBARTL 10 months ago
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"This video is on point. The problem with the monetary system is that you can't avoid it at this point, as most people don't have enough cash reserves to circumvent it completely. You have to scrap it, and adopt a new system, which will get rid of the debt slavery society. Ruling elite don't want that.
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addiebauneww 10 months ago 20
There is a BIG difference between a bank giving you money on a "promise" and counterfiet money.
Yes it's true, you putting money in the bank is them 'promising' to pay it back to you... so you could look at it as you are leanding them money... or they are holding onto it for you. I think splitting the difference about depositing money and you loaning it to the bank is a valid point, but it's a far jump from that to justifying alot of the other points raised in this moive.
robdabassman 10 months ago
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check out
Making Money - Consensus
and HELP PROMO AWARNESS, we dont have long ppl
peace
ajhumour 11 months ago
This has been flagged as spam show
check out
Making Money - Consensus
and HELP PROMO AWARNESS, we dont have long ppl
peace
ajhumour 11 months ago
This video is excellent.The man who created it Paul Grignon, is ausome we need more people like him who inform people not scare them, and come up with solutions to real problems. ppl like alex jones, all the day is scare you and inform you but they never offer any real solutions thats why ideas like these are so great and that is what will change the world and our monetary system not rioting and fear mongering.
dannsmith1 11 months ago
excellent.. simply excellent.. ima download this and burn it to send to family members :) they need educated BAD
ceylous3121 11 months ago 5
The
GOOD
BAD
&UGLY
about fed reserve
The good thing is americans are peacefully enslaved
The bad thing people are at war against each other
& The ugly thing children are slowly & painfully dying from starvation.
abubakar31 11 months ago
This is an invalid criticism.. Just because the money you deposit is loaned to someone else without decreasing your balance doesn't mean the loanee and the depositor can both spend the money. The bank keeps reserves of actual money to pay when either the loanee or the depositor makes a transaction. This just lets someone spend the money and repay it with interest instead of having it sit still in a bank vault.
foundbutnotcatch 1 year ago
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foundbutnotcatch 1 year ago
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foundbutnotcatch 1 year ago
what are you going to do about it....go back to a gold system...
rbaradoy 1 year ago
@rbaradoy I and people like Ron Paul advocate competing currencies to compete with Federal Reserve notes. I think gold and silver willprobably be chosen as monies, but I think the people should be able to choose. Competition is the best disinfectant for government. They would be forced to offer us good money if they wanted us to use the government's money. If you liked this video, search YouTube for "Money, Banking, and the Federal Reserve." They offer solutions.
joepeeler34 1 year ago
what do you mean "good money"? isnt all money good? Are you saying my money is bad? I just used my $5 dollar bill to get a hamburger and fries. Thats good enough
KripDrip 8 months ago
@KripDrip I mean money that can't be debased by the state. The dollar has been debased by almost 40% over the last decade. That means a saver has had 40% of his wealth/labor silently stolen by the stealth tax of inflation. Paul and hard money people don't view fiat paper currency as real money. It is forced upon us by the legal tender laws. A money is a commodity that has monetary functions. Competing currencies is what we are after. The state shouldn't have a monopoly because they abuse it.
joepeeler34 8 months ago
Type PRIZE before youtube and hit ente
CyanideBreath 1 year ago
We need to nuke 99% of americans: that 99% - the ones who defend Republicans and Democrats and their evil policies - the ones who LOVE being kicked out of their homes - the ones who LOVE working madly at bullshit unnecessary jobs round the clock - the ones who pretend to whine and complain about the rich getting richer,
but whenever a hero stands up to these injustices - like Dr Theodore Kaczynski, that gunman at the Discovery Channel, Loughner in Arizona - and take ACTION
and are NOT all ...
deskset24 1 year ago
@deskset24 ...talk like everybody else. and then these 99% of americans have the hypocritical nerve to call these hero soldier gunmen "sick" and "deranged" - that 99% of americans is to blame.
That 99% of americans needs to be nuked. This is why I have written to Obama several times asking for a full out nuclear war between USA and North Korea or Iran.
deskset24 1 year ago
haha losiaczek85. we're in this mess because of people failing to pay back the banks as promised.
you use the term "real money" but that' incorrect. guess what, when I get a mortgage, I pay the home builder who uses it to pay employees. those employees eat dinner from my promise to pay back the bank.
there's no "real money"anywhere in that sense. let everyone stop paying back their loans and no one would eat for long.
juxtapos99 1 year ago
Please Check out
Making Money - Consensus
It tells this MONEY MANKING process in the form of SONG.
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Peace
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tiblon1 1 year ago
im confused at 8:57. the counterfiet money would dilute the money supply and technically steal from those who are saving their money up, but for those who are in heavy debt, the counterfiet money would make money more plentiful and thus, debts would be easier to pay off, wouldn't it? someone please help. :)
theboiljulia 1 year ago
@theboiljulia you're beyond help
dave997 1 year ago
@theboiljulia Steal (and not technically), really. Harm the savers and help the debtors, yes. To an extent. More like destroy the economy of both after a time and harm both while seeming to harm only the savers. Create a society where the counterfeiters never pay for anything and investments are made without need for long term planning and sound basis. Money can always be "printed" so why bother? This is a society of control by the banks, they pay for nada, and control all. Nice, eh?
dr88ought 1 year ago
@dr88ought ok, yeah, nice speech. doesn't really help me though. cheers though anyway mate. :)
theboiljulia 1 year ago
@theboiljulia any new money created out 'thin air' and then circulated onto the market would create inflation and devalue your unit of currency. this means you would have to pay more and borrow more thus putting you in further debt. only if YOU created the counterfeit money would you benefit, but then you would be deemed a criminal as a result. only the banks are lauded for such practise.
mousehead2000 1 year ago
It's worse than Gringnon makes out. The banks, by not spending as much as they earn in interest, force more indebtedness, and defaults on the the rest of the system.
All they have to do is retain earnings, then money people owe is greater than money available. So somebody has to borrow and roll over debt, or default. This is what they have been doing. Squeezing the system, only they're doing it worse, now. It's why everybody owes so much. The banks are taking our money... The banks are
tak
gregorycgs 1 year ago
americans dont want to know, they are blissfully ignorant, and as long as they can watch numbers grow, and buy what they want, theyr happy
longfootbuddy 1 year ago 36
@longfootbuddy
dont blame the americans. blame the government and evil education system that does not teach the truth about the federal reserve.
hyylo 1 year ago
@hyylo americans have enabled the government to do what its done, including government ran schools...obviously.. i went throught the brainwashing too, but it didnt work on me like it does the rest appearently
longfootbuddy 1 year ago
@longfootbuddy
dont blame the people of the country. this has happened before. look at the roman empire, british empire and now the american empire. they all faded because of stupid government.
hyylo 1 year ago
@hyylo and the stupid people allowing it to happen
longfootbuddy 1 year ago
@hyylo What a load of shit. There is very little "evil" about the American education system, aside from their UFO denialism and animal experimentation. Formal education is just a convenient innocent scapegoat, like the Jews. It's the rightwing conservatard media, government, and everyone who eats meat (tortures animals, massive corporate welfare for meat-dairy industries), and votes for Demopubs and Republicrats who is to blame for the shithole economy. So, that WOULD be 99% Americans to blame.
deskset24 1 year ago
@longfootbuddy
man you are stupid everybody in this world wants to have money for buying stuff they want. How about you?
automats1 11 months ago
@automats1 they have you buy your tiny balls
longfootbuddy 11 months ago
@longfootbuddy not all Americans are hopelessly brainwashed, some of us have learned the truth and are learning every day, no disrespect to your comment but it urks me to see people use americans and not people they are brainwashed people everywhere, but I do understand where you are coming from... I am getting fed up with the majority of people in this country myself
UndergroundGemz 11 months ago 22
@UndergroundGemz And let's just remind ourselves that this isn't just some isolated problem in America...
TheMedievalNerd 10 months ago
@longfootbuddy In Quebec, Canada too. And as they speak french they know the truth always like 10 years after everybody LOL (ok I blast my own people but they deserve it since they step on the wagon of savage capitalist with HArpper and Charest as prime ministers!)
Ezuip 10 months ago
@longfootbuddy I'm right there with you.. I dont understand how people can be so oblivious to what is actually going on. Compared to what the media wants them to 'think' whats going on.
hookjlife 8 months ago
@longfootbuddy How do you not include the rest of the world??? America is not alone in this.
wentafew 4 months ago
@wentafew i know, but im american.. dont worry, all these boundaries will disappear when the nwo fully comes
longfootbuddy 4 months ago
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badpanda84 3 months ago
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je24t2 1 year ago
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je24t2 1 year ago
if you want this video to pass through the critics filter, you'll probably need to remove the silver adverts....
HumbleLife 1 year ago
subscribe to me for a subscribe back!
alexkwilliams 1 year ago
The bank is not creating money out of thin air, it need a deposit to make a loan. The bank must pay the deposit back and interest, so all it earns on the transaction is the difference between the interest rate of the loan and the interest rate of the deposit, PLUS the bank is taking on the risk of issuing the loan. Saying "The bank is creating money out of thin air" is misleading.
hugeboofhead 1 year ago
@hugeboofhead
This is banking in theory, but its not how it functions today. I think you didnt see the first movie. Highly recommend it.
LBFallon 1 year ago
@LBFallon Yes I have seen both.They are almost right but not quite. The mechanism of banks lending money that has been deposited by others "creates" money when the loan money is then deposited again which then can be loaned again. That is how banks "create money out of thin air". It is law that you can only loan up to 90% of deposits. This means money can be multiplied by up to 9 times but no more. However, saying "banks create money out of thin air" is misleading.
hugeboofhead 1 year ago
@hugeboofhead but isnt the act of multiplying the amount being held to give out as a loan the fulfilment of "banks create money out of thin air"?
bad4ever2001 1 year ago
@bad4ever2001 The banks should have a certain reserve but often they have none
Auraruth8 1 year ago
@hugeboofhead Money can be multiplied 9 times, so the principal was multiplied by 9 but only the principal does really exist as real money. How this is not creating money out of thin air? I understand they need a deposit from someone first and that not more than 9 times the principle can be created, but is still creation of money out of thin air anyway. It doesnt mean they can create how much money they want to, but they create money out of thin air nevertheless.
LBFallon 2 months ago
@hugeboofhead no, the banks do make money out of thin air. How on earth do you think it starts and ends! Money doesn't grow on tree's, literally!. It's invented!
HumbleLife 1 year ago
@hugeboofhead no dude they do make it out of thin are its not backed by anything i worked for a bank for seven years a major one trust me is structed for them to lose on that loan to sell it to a 3rd party and get it for cheaper amainly houses and land its a game to them
clone1eighty7 1 year ago
@hugeboofhead bruv, u need your head checked. if a bank only has to keep 10% of deposits in reserve banks inevitably create new money in the form of a loan on money deposited as a result of a previous loan. Come on, this is the most basic film about this topic. This is at high school level. To think that banks simply earn money on the difference in interest is just infantile
Jjholdtight 1 year ago
@hugeboofhead "Saying "The bank is creating money out of thin air" is misleading"
Exactly! But it does make it easier to curse the bankers.
Every loan is fully funded.
Money is created out of previous deposits, not thin air.
Unless you're talking about the Federal Reserve.
patbarkley 1 year ago
@patbarkley
Financial crisis man? What are you? An alien? The reason we are in this mess is commercial banks giving LOANS OUT OF THIN AIR. It was all over media not so long ago. Are you 5yo or something? I don't believe you are such a moron not to know this. Banks conjures money out of thin air, and when loaners don't have the REAL money to pay them back, then you have a crisis, BECAUSE BANK GAVE SEVERAL TIMES MORE MONEY PROMISES THAN IT COULD. You truly are blockhed of epic proportions.
Losiaczek85 1 year ago
@Losiaczek85 "The reason we are in this mess is commercial banks giving LOANS OUT OF THIN AIR"
The reason we are in this mess is commercial banks giving LOANS OUT OF PREVIOUS DEPOSITS.
" Banks conjures money out of thin air, and when loaners don't have REAL money to pay them back, then you have a crisis"
If banks could greate money out of thin air, they wouldn't care if they got paid back.
"BECAUSE BANK GAVE SEVERAL TIMES MORE MONEY PROMISES THAN IT COULD"
Why the limit on thin air money?
patbarkley 1 year ago
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Getting back to the gold-standard, silver-standard, or any other kind of monetary system, will not work. We had these systems before and it led to our current corrupted system, and it would happen again because of the dishonesty that the monetary system can evoke on people. It was not a coincidence that all these ''good and honest'' systems preceeded our current bad and corrupted system. It simply could not have been different in any way. It's time to move forwards and quit monetary system
LBFallon 1 year ago
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LBFallon 1 year ago
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LBFallon 1 year ago
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LBFallon 1 year ago
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LBFallon 1 year ago
We only need a monetary system because the earth resources are finite. But if we use our advanced tecnological knowledge we can produce abbundance of pretty much everything, in a way we would not need a system of changes - as the monetary system - anymore. Is not the human disonesty that leads to a corrupt monetary system ( like the fractional reserves system which creates money out of thin air), is the monetary system that flourish the human corruption at it's very foundation.
LBFallon 1 year ago
There is a better way to do it. Our governents should issue money to deal with essencial services as decided by the people. Things like infastructure, health care, courts, education, etc. No personal income taxes and a minimum tax on business. It can and should happen, period.
Canmanpeg 1 year ago
What a great educational video. It is so important for Americans to understand how our debt-based monetary system works, before it collapses. In addition to these videos, I found "Why we are so much in debt" on YouTube to be helpful.
69vmac 1 year ago
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when this system doesn't existed, we doesn't have a economy, technology etc ...... think people
Northstrar1 1 year ago
This is the same thing as government Federal Reserve printing free money at any time they want. It's stealing and unfair because the public have to work hard for their money: be it a job or a business. And the government just print them like that!!!
kuvtsisnyiamkoj 1 year ago
they should play this documentary every night at 8pm on every channel so that america sees whats going on with their money, too bad the media is too busy brainwashing folks
Kike1316 1 year ago
@Kike1316, spread the word about this video and the Money Masters. A friend of mine and myself handed out around 400 fliers giving this link to this video to as many as possible. E-mail this to everybody, tell strangers complaining about the economy about this etc. BE the SOLUTION and BE the CHANGE you want to see in the world. Check out Bob Chapman's youtube channel and tell others about it too.
delyparker777 1 year ago
@Kike1316 Ha as good of an idea that is, that also could be considered a form of brainwashing...and propaganda. lol
JaydeeVonJ 1 year ago
@Kike1316 agreed. Nothing on TV benefits anyone except the pigs who own the media.
BeyondNeptune 1 year ago 2
The money system is, from the start, just a tool to enslave the less able ones. At the end it is the enslavement of all by the lowest instinct of our world.
Peace and freedom from the "Evil" Bankster to all, (Rothschild, Rockefeller, Warberg and friends)
theIAMwithin 1 year ago
All you need is fiat money, no need for it to be backed by any metals. Nobody believes the money in circulation today is redeemable for gold. What we can have is debt free fiat money. Whoever controls the supply controls the value. Simple.
draoi99 1 year ago
@draoi99, unfortunately, it does need to be backed up by either gold or silver. Otherwise, it becomes another "fiat" currency just like it is right now. That doesn't solve the problem. May I humbly suggest listening to Bob Chapman's youtube channel. He is AMAZING and can explain things alot better than I can. Bob Chapman is a GENIUS!!
delyparker777 1 year ago
WHAT RELIGION GOES AGAINST ALL THIS, AND FORBADE ALL THIS? YOU MIGHT BE SURPRISED.
supermankhan 1 year ago
@zenithsage, we may not agree about gold but silver may be another solution or even Lincoln Greenbacks etc. ANYTHING but Federal Reserve NOTES or "dollars." The International Banksters hate people buying hard assets so I buy junk silver. That's another way to destroy the vampire sucking this nation dry. The Secret of Oz gives the solutions. Exposing these morons is half the battle, the more, the better. They CANNOT win if enough of us know what they are doing and who they are!
delyparker777 1 year ago
@zenithsage, I agree but who has the MOST greed?! The International Banksters who control and operate the Federal Reserve, Wall Street, The IMF and the World Bank!
delyparker777 1 year ago
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"All problems, depressions, wars, disasters, assassinations, all of them were planned, caused, instigated, and implemented by the International Bankers and their attempt to establish a central bank in every country in the world, which they have now done, thanks to corrupt politicians who have been bought and paid for. This is all you need to know about the history of the world."- John Fitzgerald Kennedy
delyparker777 1 year ago
@zenithsage, sorry but you're mistaken. The BEST asset will be FOOD, and Non-hybrid, Non-GMO seeds, water, water filter, guns, ammo and finally gold and silver. ALL paper currencies will be DEVALUED by 2/3 which means you get 1 new currency for every 3. That's EXACTLY what happened to Argentina. The currency will become WORTHLESS! The Weimar Republic is happening all over again! Watch The Money Masters and The Secret of Oz for the SOLUTIONS!
delyparker777 1 year ago
If all money in circle, would be used to pay of our debt, we would still not be debt free. Cause the world bank and IMF are used to in-debt country's which in-debts peoples. And banks own the real estate market and has taken the opportunity to really own your house/apartment into a big loan, making you trustful as the price rises, until the bubble collapse as all other bubbles.
Debt grows and swallows your house value, while the Gov. use taxes to pay off the banks saving them instead of you.
Totalreformer 1 year ago
@Totalreformer If all debts were paid off, there would be no money. As debt is money and money is debt, since it's created by debt and used to pay debt which is impossible to do since the interest grows larger and faster than the principal being loaned out (Principal = Interest)
maradona2 1 year ago
@maradona2
" If all debts were paid off, there would be no money. As debt is money and money is debt, "
The $20s in my wallet aren't debt.
jimmyrtle 1 year ago
@jimmyrtle - I was embarrassed on your behalf to see you leave such a stupid comment. But when I looked at your channel, and saw your only subscriber was george4title, suddenly it all made sense. LMAO!
nameofthepen 1 year ago
@nameofthepen
I make comments to correct the errors of others, I don't care about subscribers.
If you say something stupid, I'll be glad to correct you as well.
jimmyrtle 1 year ago
United States of America is the core of financial criminals...!
tehuan1 1 year ago
@tehuan1, please keep in mind that this is NOT the United States of America..it does NOT represent we the "little people". The FEDERAL RESERVE and Wall Street are the REAL POWERS BEHIND GOVT. The Money Masters helps you understand this. Our Constitition has been hijacked and we are fighting to get our Constitution back!
delyparker777 1 year ago
the music in this video is so weird
zignationer 1 year ago
@zignationer
I like it! =) Trip hop.
Totalreformer 1 year ago
can someone please explain, it said that william lyon mckenzie king "nationalized the bank of canada" what does that mean? that the canadian banking system doesn't work this way? if so, how does it work then? confused.
redpetals333 1 year ago
@redpetals333 Our bank is officially owned by Canada. Our Bank of Canada is authorized to give loans at minimal to no interest to gov't and municipalities for legitimate projects. For example, our St-Laurence Seaway was constructed with Bank of Canada money at minimal interest. During that time period, Canada had minimal debts. It was only after Trudeau's finance minister (in the early 70s), Jean Chretien, decided to borrow from private banks that our debt went sky high.
LostCivilization 1 year ago
change won't happen.. people will keep buying homes, cars, businesses with money they don't have and continue to agree to be a wage slave in order to participate in this monetary system. Just like the matrix movie... people don't wat their illusions to end, instead they'll fight to keep it. People aren't ready to be "unplugged". There are people who tend to spen money that they don't have and there is a market for them called bank loans.
MrAubery 1 year ago
@MrAubery, those who refuse to get out of the "Matrix" will lose EVERYTHING they have worked an entire lifetime for. It has come now to the point where you'd better get out of harms way. All paper currencies are DOOMED! Only gold/silver will survive. They are destroying the world economy on PURPOSE! Sadly, people will have to learn the hard way. I suggest listening to Bob Chapman's youtube channel and protect yourself.
delyparker777 1 year ago
@MrAubery Look up videos from Robert Menard, Winston Shrout, tpuc.org, freeman-on-the-land, etc. There are a lot of people that are choosing not to do commerce with the existing framework.
LostCivilization 1 year ago
The first paragraph is Not True. An individual Most certainly CAN inflate the circulating medium and lend what he does not have. People do it ALL the time. Gt other's to buy into the Illusion of what they are. That's how dating works. Most of the time it's OUR idea of what the other is that ultimately FUNDS the relationship. Until we find out the Truth!
Clintouminou17 1 year ago
If printing money paper in your own basement is a crime. Then someone else is already breaking the law.
sushi81 1 year ago
We are a culture that favors laziness, for we try to get the highest amount of payment for the least amount of work. That is the failure of capitalism.
professornuclearbomb 1 year ago
Banks don't create money out of thin air.
Lending a portion of deposits is not counterfeiting.
These videos always make me laugh.
So many errors, so little time.
jimmyrtle 1 year ago
@jimmyrtle, yes they do lend money out of thin air. What do you think fractional reserve banking is, derivatives, credit default swaps, etc. The entire global bankin system is a CON!! Real money is gold and silver. Paper money=toilet paper. That's why we've lost over 98% of the purchasing power of the "dollar" since 1913. Our money used to be backed up by gold and silver and now it's fiat. We have all been robbed, scammed and conned. At least I'm buying junk silver to protect myself.
delyparker777 1 year ago
@delyparker777
They don't lend money out of thin air. They lend a portion of deposits.
If they could lend money out of thin air, they wouldn't need deposits.
jimmyrtle 1 year ago
@jimmyrtle, that may be true but ONLY in part. Fractional reserve banking generally gives you a ratio of 9:1, but the Federal Reserve through derivatives is doing fractional reserve 20:1, 50:1, 100:1 and sometimes 200:1 which is FRAUD!! In the documentary, Fall of the Republic, derivatives are discussed in more details and that is what is causing the global economic crisis. It also discusses credit default swaps etc. Check out Fall of the Republic for a better understanding.
delyparker777 1 year ago
@delyparker777
You mean a ratio of 9:10.
The Federal Reserve doesn't trade derivatives.
Derivatives are zero sum, FYI.
jimmyrtle 1 year ago
@jimmyrtle, I mean 9:1. Derivatives are zero sum but Goldman Sachs trades in derivatives. Goldman Sachs in one of the main stockers of the private Federal Reserve. You seem to have some knowledge on these topics, are you a listener to Max Keiser, Bob Chapman and Ron Paul and Bill Still and Von Mises Institute etc?! They are the absolute best to get further info from. I recommend listening to them. Take care!
delyparker777 1 year ago
@delyparker777 You mean 9:1 but you are mistaken.
A $10 deposit allows a bank to loan $9.
What is a "stocker of the Federal Reserve"?
Ron Paul is a clown. Glad I could help.
jimmyrtle 1 year ago
@jimmyrtle, 9:1 means that when you deposit $1000, the Federal Reserve keeps only $100 on "reserve" and then lends out $10,000. "Helicopter Ben Bernanke" is talking about having "ZERO" reserves so we're in deep trouble and quantitive easing means printing paper money out of thin air backed by nothing. I meant stock holder of the fed. Ron paul may be a "clown" to you but at least he's trying to expose and audit the fed. The media LOVES to make him a clown. Listen to the others I suggested.
delyparker777 1 year ago
@delyparker777
"9:1 means that when you deposit $1000, the Federal Reserve keeps only $100 on "reserve""
You don't get to deposit money at the Federal Reserve. You deposit $1000 at your local bank, they reserve $100 and loan $900, like I said.
"and then lends out $10,000"
No, loans are $900, like I said.
" "Helicopter Ben Bernanke" is talking about having "ZERO" reserves"
When? Where?
"quantitive easing means printing paper money out of thin air backed by nothing"
Finally got 1 right
jimmyrtle 1 year ago
@jimmyrtle jimmy, please read Modern Money Mechanics and do the math.
LostCivilization 1 year ago
@LostCivilization
I've done the math, that's why I mock those who can't.
jimmyrtle 1 year ago
@delyparker777 " I meant stock holder of the fed"
Until the crisis, Goldman was not a bank. Couldn't own shares of the Fed. Sorry.
"Ron paul may be a "clown""
Is a clown.
jimmyrtle 1 year ago
@jimmyrtle "Ron paul may be a "clown"" Is a clown."
This is your opinion, not fact.
LostCivilization 1 year ago
@LostCivilization Well I wouldnt call RP a clown But I would call him a shoeshine boy for the elites...being groomed for the top job for the Nau
acts131 1 year ago
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jimmyrtle 1 year ago
@jimmyrtle, keep in mind that the FEDERAL RESERVE banksters or the "Big 6 banks" OWN the mainstream media and they have paid off BOTH political parties. The Federal Reserve are the REAL powers behind govt. That's why they are called the Money Masters, the International bankers and the Illuminati. Let others now comment on these videos. We need more people to wake up! Take care! P.S. If you would like, you're welcome to "invite" me as a friend or subscribe to my channel.
delyparker777 1 year ago
@delyparker777
"The Federal Reserve are the REAL powers behind govt. That's why they are called the Money Masters, the International bankers and the Illuminati"
LOL! Pass the doobie.
jimmyrtle 1 year ago
@jimmyrtle, you don't have to insult people. OK. Believe what you want. Have a nice day!
delyparker777 1 year ago
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@delyparker777
They don't lend money out of thin air. They lend a portion of deposits.
If they could lend money out of thin air, they wouldn't need deposits.
jimmyrtle 1 year ago
@jimmyrtle Actually yes, money is made out of thin air. When the gov't creates a bond, the central bank then creates this money out of thin air as digital entries on the other side of the ledger.
Fractional reserve banking is the process whereby 10x or more the amount of fiat currency that was received by the bank on "loan" from its retail clients gets created as new loans to new customers.
LostCivilization 1 year ago
@LostCivilization "Actually yes, money is made out of thin air"
Only a central bank can create money out of thin air. The bank up the street does not.
"When the gov't creates a bond, the central bank then creates this money"
Not really. The government sells bonds all the time without the central bank getting involved.
"Fractional reserve banking is the process ..."
Correct, banks "create" loans from deposits, not from thin air.
jimmyrtle 1 year ago
@jimmyrtle Yes, but dont forget - High Street banks do not physically hand over their reserves/deposits!! The deposits/reserve issued to them by the Central Bank are removed completely from the money supply. However, they are then allowed to "create" money as a multiple of their reserves. Thats True Fractional Reserve THEFT - Sorry I mean "Banking".
only4u1000 1 year ago
@only4u1000 "High Street banks do not physically hand over their reserves/deposits!! "
Not sure what you mean by "hand over". Reserves can he held as vault cash or at the Fed.
"The deposits/reserve issued to them by the Central Bank are removed completely from the money supply"
When the Fed buys securities, that money is added to the money supply, not removed.
"However, they are then allowed to "create" money as a multiple of their re