SR 16 - Denninger 1-YouTube sharing.mov

[Sueezedtight]

At 7:00 minutes in, Denninger says that there is no bigger bubble to inflate.... well there were the concerted attempts to create a "carbon market" through the CAGW scare-campaign. Cap and trade or any other form of speculation concerning carbon credits would have necessitated a multi-trillion dollar exchange. Just what the debt-bankers were looking for. It almost worked until the climate-gate emails came out and took the wind out of their sails. Is there another possibility? Remains to be seen.

[dogbarker1981]

Bill, knowing that gold and silver are not the answer to solve our monetary problems are you buying these as a way to hedge against the dollars collapse? It seems silver has a lot of other uses than just a hedge against a depreciating dollar. If so do you plan on selling or trading it when a new currency or debt free money comes to existence or just before?

[bstill3]

@dogbarker1981 - I'm not rich enough for gold, but I do have some junk silver as a hedge. Not much, not enough to worry about when I should sell it. Heheheh.

[AreYouDoneSuckingYet]

The "Quarters in my pocket are not debt-backed?"

[bstill3]

@AreYouDoneSuckingYet -- That's correct. That's exactly what he said.

[ErisMonky23]

Mr Still, Hypothetical question for you. What would happen if the US just started their own debt free currency and prosecuted all the bankers and the federal reserve with no intention of paying any of the Imaginary Debt to the Fed? That seems to be the 'ethical' thing to do, since the whole system was a Scam to begin with.  Why would the Govt Pay that imaginary debt? Just negate the Fed and treat the existing dollars as if they were debt free from the get go.

[bstill3]

@ErisMonky23 - Yup, this is the Biblical "Jubilee" concept. That is certainly one way of doing it.

[gunthaarz]

If you only have a fixed sum of money in the market, wont all the money end up in the suitcases of the few who now own most all the corporations and food production? How do you make the owning class spend anything back into circulation other than on the few insane luxyry items like yachts and castles? How does money get back into the system? If I produce something new every day, should not money to represent that be made each day?

[WilhelmDrake]

@ Mr. Still

Are you farmilar with the work of Steven Zarlenga (The Lost Science of Money) or Michael Hudson (Super Imperialism)?

[bstill3]

@WilhelmDrake - Yes, Love Mike Hudison. He is in this documentary. Zarlenga I don't care for.

[WilhelmDrake]

In taking back the money power from private control to public control, we must end the fractional reserve system. Private banks must not be allowed to create any part of the money supply. We know this from history. After WWII Britain nationalized the Bank of England and supplied something like 70% (not sure) of the money supply (non debt based), private banks supplying the remainder. Today the private banks provide aprox. 95%+ of the money supply, the government supplying almonst nothing.

[Boldtalker]

Does anyone know how to contact Karl Denninger. I have a radio show and I would like to have him on my show in the next quarter.

[bstill3]

@Boldtalker . I do. You can contact me at thesecretofOz at gmail

[bstill3]

Respond to this video... I do. My email is on my website

[strolchi10]

@bstill3 There is one question on my mind about the Reform! Most films say we ode to pay of the depth even after Reform! Why? If we pay it it will get in to the hands of those who did the stealing! In there hands it will be a weapon again! You know people can be corrupted! From a moral point of view we don’t even owe them this money they never had this money the Printed it! So why would we pay it of giving this people Billions of Good Money witch they can then use against us again?

[blowbackinevitable]

Bill ,you are awesome !

Keep it up and stay strong brother.

[martialarm]

The Still "Wizard of OZ" is without a doubt the best guild to the international issue devastating America and the World today. It has insight, charm, and a truth that will rock your world.

Can you face having your World rocked? Take a peak...

[rolficus]

i think this guy is trying to give us good news about recovery strategies that the government will take via low inflation to correct the economy but you have to understand one thing that is missing here i dont think the government or fed reserve wants to fix the situation its more for a toatal melt down via hyper inflation maybe not as severe as zimbabwe but enough to create havock .the idea is to start all over again but it will only work if everyone is flat broke through hyper inflation .

[WilhelmDrake]

@rolficus

The problem isn't inflation, it's debt deflation.

[WillyT3117]

Brilliant! Bill, I love your work. I see myself as an individual foot soldier in this war. I don't have to vanquish the entire enemy army. I only have to defeat those directly opposed. I do that with your films. I'm takin' the banksters to the woodshed at the moment. We're going to win.

[MattyS54]

bill, thanks so much for your 'money masters' and 'secret of oz' docs. timeless educational pieces that brought a great deal of crucial, yet deliberately obscured, historical infos to my attention.

[magichandpuppet]

This is awesome.. thanks!

[bstill3]

@tonyopmoc - I know Damon. He's very good. You need to see my film, "The Secret of Oz".

[WhereEaglesDareWWII]

You ROCK Bill !!! Thank you so much for all you have done... God Bless !

[CodeWarriorx0539]

Population growth HAS to be dampened by low or NO population increase and credit can be granted on a resource count of the Earth and measured efficiency that new technology has brought to the market. Efficiency is an overall improvement of living standards and the amount of thinker vs do'ers in a society... The more the robots assist and take over and the better we make the robots the MORE credit can be put in a society....

[jeepndesert]

we can cancel the debt owed to the fed itself. our system won't collapse from people not buying bonds because the fed can just buy their own bonds, which ultimately means they loan free money to banks and put the tax payer on the hook for it. that debt can be cancelled and should be cancelled should treasury regain control to issue the currency.

[jeepndesert]

an inflation rate of 0% is ideal. however, if inflation is kept in a tight range and isn't excessive, it can create economic benefits with a debt-free commodity-free currency (dfcfc). it can create problems for banks and those with loans, though adjustable rate loans and refinancing would help that problem with dfcfc. the key is to prevent deflation since it is the most destructive, and deflation is easy to prevent with a dfcfc.

[SexyMelon]

Brilliant interview, stellar job.

[BlackNapkins86]

Where is part 2

[bstill3]

@BlackNapkins86 - I'm making it. Hold on. It's not like I have a big production studio with assistants and all behind me.

[BlackNapkins86]

@bstill3 No worries. <3

Keep up the great work!

[john2knj]

@bstill3 Thanks for making this. I got the link here from Karl's website. Looking forward to part 2 and Karl's comments regarding Ron Paul (Ron Paul 2012!).

[IshanMishra18]

Great Job Bill.... I am 25 years old. I live in India. I loved your documentary "The money masters". It was a moment of awakening for me. I sat through the entire 3 and a half hours and was riveted to it the whole time.

It is a shame that most of the people pretending to be against the rothschild/ illuminati/ nwo are disinformation moles planted by the elitists. I think you are the true hero trying to awaken the masses. What were you doing all these years ? (between the two documentaries)

[TheHorsenation]

a good 4th of July report.

Can't wait to see the Ron Paul part about the Gold Standard.

Is a Gold+Silver Standard also bad in the end, and a good FIAT system the best solution?

What about monetary systems that forbid interest, but [somehow] devalue money over time to encourage lending. Systems like this have been in place at various small economies, and seemed to work good until the got banned (Wörgl, Austria) I'm sure you've heard about these too. Can anyone who has actually a clue respond?

[bstill3]

@TheHorsenation - Yes, I have heard of this system and about a dozen more. They all work. There are probably a hundred different paths. Anything that decentralizes the money power and puts that power into the hands of the people is a good thing. I'm trying to get behind solutions which I think are sustainable long term. I'm not the final authority however. That's why I leave it open for other solutions -- just not commodity backed money.

[jeepndesert]

@TheHorsenation you basically pay 1% each month to hold the certificates, which increases the velocity. the interest serves as a tax. the certificates are backed by the national currency and sit in a bank drawing interest. with a national currency, you can create the same effect by just printing and spending the money into circulation at a rate that causes an annual 12% inflation rate.

[FreedomAtRisk]

thanks Bill Still... looking forward to part 2... need to know more about my KD is such a gold bear

[iknownothingnow]

Excellent video Bill. I respect Karl as I have watched him for about a year.

I have tried to change my congressman’s views about debt based money. Not worked yet.

Please keep up your work as this is the most important social issue of our time. If this were resolved, most of the other social issues would be resolved. And all it is takes is for the political leaders, that are unfortunately paid by the corrupt bankers, to change.

[davematherly]

@largo2001

Is there a cognitive problem here, or did you refuse to hear what he said?

[davematherly]

@largo2001

What?

He said if it went from $1 to $5 we would call it hyper.

You wouldn't? A 5X increase?

He didn't say if it went from today's $3.15 to $5.

Although that would be BAD ENOUGH.

???

[jonvssocrates]

I think you're spot on.

Go online at websites where businesses are sold. Look at the average multiple the REAL brink and mortar small companies sell for. That should be the multiple the stock market sells at. 2x-5x. Not 20x.

[iamgabrielf]

Mr. Still, more and more big economic players are coming along. I recently heard Bob Chapman from the International Forecaster agree that the money supply is contracting, and predict deflation. This is opposed to his view that hyperinflation was more likely. Although he's always predicted both deflation and hyperinflation, he first expected inflation. He's come around. Your work is gaining traction around the world. Congratulations.

[zeusvalentine]

I love both of your guys.

damn you make sense Denninger!