Just skip the Fed and print the money yourself and in-turn write an I.O.U. to yourself instead of printing bonds cause the Fed doesn't have trillions in tangable assets to back anything they do. I mean the source of all money is located in the corner in a round room.
8:33 - Key: "So, now that we understand how money is created by this Fractional Reserve Banking system, a logical, yet elusive question might come to mind. What is actually giving this newly created money value?" ... "The new money essentially steals value from the existing money supply. For the total pool of money is being increased irrespective to demand for goods and services. And as supply and demand finds equilibrium, prices rise diminishing the purchasing power of each individual dollar."
@DavidWCourtney no doubt, the key really is that as long as a private group of individuals are allowed to create money, and loan it out at interest, they will own everything in society, including YOU!
Just skip the Fed and print the money yourself and in-turn write an I.O.U. to yourself instead of printing bonds cause the Fed doesn't have trillions in tangable assets to back anything they do. I mean the source of all money is located in the corner in a round room.
orange70383 2 months ago
This has been flagged as spam show
The root of all evil..
PiercedEar 3 months ago
Great video Thanks !
crunch7077 10 months ago
Super video :-) Thanks for sharing :-)
lara8550able 10 months ago
8:33 - Key: "So, now that we understand how money is created by this Fractional Reserve Banking system, a logical, yet elusive question might come to mind. What is actually giving this newly created money value?" ... "The new money essentially steals value from the existing money supply. For the total pool of money is being increased irrespective to demand for goods and services. And as supply and demand finds equilibrium, prices rise diminishing the purchasing power of each individual dollar."
DavidWCourtney 1 year ago
@DavidWCourtney no doubt, the key really is that as long as a private group of individuals are allowed to create money, and loan it out at interest, they will own everything in society, including YOU!
MrLovethyneighbor 1 year ago 3
@MrLovethyneighbor its called social security!
oddsource 11 months ago