Dollar Collapse and Money as Debt - Part One

[taskmaster83]

this is just a collection of half truths and misleading information.

[endlessmountain]

@taskmaster83 Expand on this why exactly half is truth and what it is misleading using facts using universal laws because I would love it if you were the all knowing god and knew all this information, but until you show that to be the case Im going to presume you have not done as much if any research on the matter. I do look forward to be proven wrong if you give tangible evidence

[Frimbleglim]

I really hope this video is not serious. Money as Debt makes some good points and I agree with almost every point Paul Grignon makes (The exception being his apparent faith in "virtual" or "electronic money" ). He does not however endorse a gold standard and rightly so.

Also, no American body is in control of the world economy. Indeed no organisation can make this claim which really is the reason there is a problem.

[coolestdude80]

Geico commercial

[Apeiron242]

Gold/silver won't help either. Keep watching that series, or watch it's origin: The Money Masters. Both explain why commodity back currencies are just as dangerous as debt backed.

[patbarkley]

I love the false claim about Bear Stearns.

[drutter]

This is a classic!

[emmy1cat]

Not just print money, but the world Reserve Currency. We don't have to convert to any other currency, yet. So we can inflate the shit out of the money and still buy at a decent price, for now. China is working diligently to create agreements to buy directly without the Reserve Currency. Once demand for dollars falls, the floor will look like up to us all.

[kellylynn9999]

Well....the difference is...people need to know that it's not a Federal agency...to wake up to the lies.

And Obama's handlers are running the show not Obama....basically Wall street!

[endlessmountain]

@kellylynn9999 it means nothing for one to know this as what is more important is how this affects the currency that they are holding.

Yes Obama's handlers are running the show, and thus the Fed has power and maybe one of them. Whatever you want to call them means crap. Its what they do and how they are affected in the culture that is meaningful. What is affected know is QE2 and all of this excess fiat digital notes

[mphello]

@endlessmountain "Whatever you want to call them means crap"

THANK YOU! THANK YOU! I have had SO many fights with idiots who absolutely INSIST that I recognize the existence of "the New World Order" or "the Illuminati". (Sadly, these same idiots, who refuse to clearly define who exactly is a member of this "officially" defined NWO, deny the proven fact of anthropogenic global warming and peak fossil fuels.) All that matters are FUNCTIONAL definitions: i.e. effects.

[mphello]

@mphello Who the oppressor and who the oppressed are can change with time.

Sure, most of the time, the greatest oppressors are the Wall Street Bankers. But, many other times, the oppressors are the voters, who vote for Demopublicans who keep marijuana illegal, or keep gays from marrying, or launch multi-million-dollar tax-wasting investigations if a politicians commits adultery.

Or it's those who keep business-as-usual with re: to the environment and overpopulation.

[kellylynn9999]

I disagree...The Fed is not a government agency and people need to know that!

They are a private central bank POSING as a government agency!

A lil cartoon explaining a fiat currency system would be nice!

[endlessmountain]

@kellylynn9999 the label on a gov't agency means crap. The government lets them do it, so whats the difference to the common person? If Obama is the one deciding whom the fed chairman is and thus thats been the case, its a governmental agency in reality although not official.

That cartoon can be found using a youtube search "money as debt"

[vijabe]

@endlessmountain The Fed is a PRIVATE BANK. The president may appoint the Fed Chairman, but the President nor US Govt have ANY power over the Fed. The Fed does what it pleases and rips off the American people and it is BLATANTLY UNCONSTITUTIONAL. The REAL reason JFK was assassinated is b/c he signed Executive Order 11110, stripping the Fed of any and all money creating authority and put it squarely back in the hands of the American People. They shot him dead and kept their power.

[endlessmountain]

@vijabe You have proven they are government with your statement which is very true.

If you want to say which government this is it would be the new world order, which I call the current world order (or TPTB). They have power within' the world governments. if the world governments can't stop them, then this makes the fed the government.

As far as JFK. I thought it was Lee Harvey Oswald. (im kidding of course) and am stating that it was the '63 current world order gettin' him most likely

[vijabe]

@endlessmountain OK, you're splitting hairs and arguing semantics. I meant that they are not a U.S. governmental agency. I will readily agree that they are a - or part of a - govt unto themselves. More aptly, the money arm (or one of them) of the NWO/Current World Order, what have you. Regardless what we call them, we're all f*cked. Cheers -

[rockerme4u]

@kellylynn9999 You win this conversation hands down. Because they are called the FED most think it is Federal, to the US. It is not. It is the same as some bogus mint company using the word "MInt" that many believe the product is of the US mint.

The FED is the average citizens worst nightmare, they do not know it. They rob savers stealing the value of money by printing. A hidden tax.

The FED is For and By the Central Bankers of the world. Not even of the US.

I suggest reading Zero Hedge.

[Apeiron242]

kellylynn9999,

The video "Money as Debt" video does that. Though the animation is not as cute as the Xtranormal stuff.

[kellylynn9999]

Not true...the government doesn't print the money. The Federal Reserve prints the money.....they are a private bank!

[endlessmountain]

@kellylynn9999 although its not "official" the fed is a government agency, that is irreleveant because they are in bed with Obama and thus they are as much of the government as Goldman Sachs. In fact, more so to the point that the US government is the Feds little b!tch because they have been given the power.

The whole point however is to introduce that money is created out of thin air.

[uploadJ]

Gerald Celente? His record is not stellar either (some 'misses', not hits) in his past too ... (IOW, do the research on him or any other so-called 'wise man') ...

.

[travelmate4udiddits]

dsglop's channel talks nothing but crap against this vid, peter schiff, ron paul and all truthers everybody should visit him and false flag him since he doesn't accept comments and talks so much crap !

[endlessmountain]

@travelmate4udiddits I will not false flag him, but I did check his channel out and he is only asleep. He believes the crap the boom tube MSM gives us

[endlessmountain]

@travelmate4udiddits I commented on one of his videos and he replied with

dsglop (uploader) @endlessmountain I've watched a couple of your vids. They really make laugh hard. First, your mannerisms make you look and sound retarded. Second, you are a truther. And third, you told some story about being abducted by aliens. visionvictory and peter schiff were already doing a good job, but thanks for making your camp look like a joke

[travelmate4udiddits]

@endlessmountain I know... I have dealt with this ignorant moron already, I should just leave him be, however, he really knows how to drive a guy mad ! lol grrrrr ... good luck to you. p.s no point trying to discuss anything with him since he just blocks all comments that he can't dispute.

[superdiza]

There is another youtube version for money as debt with better video quality, link there.

cool video :)

[MrThefutureisnow]

Is 30% interest on a credit card considered Usury. When did the punishment for usury is death get changed I wonder. Did the Vatican say it's ok or something. Boy have times changed...what's next? Will pedophile priests get bonuses from the Pope just like Goldman Sachs and other bankers get rewarded for their transgressions? One of these days crime won't pay I hope...one of these days...

[xadam2dudex]

don't blame the government blame the FED who really runs the US economy and banking system.. they have more power than the president and congress combined.. they determine the money policy of the banking system they were the ones that controlled the people that caused the collapse of the financial system.. they bleed the economy dry why do u think republicans want a debt economy ? the banks make trillions off the government in interest..US's biggest product = debt, not manufacturing

[smunp]

Totally agree with this

[LuqmanNaq]

The federal reserve is a private bank... just incase people got confused by the comments from the boxman.

[pensword5]

How bad is the job market when Stephen Hawking is reduced to doing voice-overs?

[miniccc]

ooooo

[silversoul7]

How could you promote Money As Debt and not get its central premise? It specifically repudiates the goldbugs. Gold and Silver are not important, and it isn't the government that creates most of the money. It's private banks that create it through fractional reserve banking, just as they did under the gold standard. You have some serious comprehension problems.

[endlessmountain]

I have done so in many other videos that its all about ASSETS that are REAL.

You want to talk about problems, you did not research my dollar collapse videos to well it seems.

The money as debt explains how money is created, that is the important thing.

[herbs814]

Widespread private ownership and usage of silver and gold as currency serves to limit the power of the money-debasers. Money as Debt specifically recommends local currencies, perhaps backed by silver, gold, or other commodities.

[whahas]

Money doesn't need to be backed by anything besides the faith of the people using it.

Anything can be used as money so long as people will accept it as payment.

So long as it is practical to use, you can use it for calculations (to compare stuff) and keeps its value (in relevance to what you can buy with it).

Money shouldn't be centralized, I agree on that.

You'll also want to prevent the storing of money.

Why?

Because it reduces the quantity.

Although, of course, that would make the money....

[whahas]

....make the money worth more, so people might buy more (deflation).

Banks hate deflation, because if people earn the same, it's easier for them to default on their debts!

Which would reduce the money supply which makes money worth even more. Could be problematic.

Did I mentioned that interest should be forbidden?

It used to be forbidden (as stated in Money as Debt I too).

In my opinion this are only starting points, because laws can change and we need a system that will last for generations.

[herbs814]

Unless money is based on tangible assets in finite quantities (not paper and ink and phony numbers), the faith of the people is vulnerable to abuse.

[simplewhimsy]

I thought that was immensely cute. Brightened up my morning. :)

[Shocksink]

Gerald Celente....says the exact the same thing

[Rizky06]

That's Annoying, Yet Insightful!

[amiterisu]

These look fun to make,I've tried 3D before,I hope this is easy X).

[Hopefl1]

Pretty cool Derek.

[truthseekr4life]

very cute, and informative. love it.

[QuestionsAtoZ]

That was pretty cool, EM! :)

[hyper666brown]

haha five stars

[POSSUMTOHIDE]

Good video!

[slobomotion]

Cute and scary.

[NowisEvollovetion]

It is NOT the truth that we are in this terrible mess due to the inflationary practices of the GOV.

And that as GOLD is not there to act as an anchor, to prevent the printing of excessive paper money, that we are NOW in the shit.

The ROOT of the problem is in the creation of money with DEBT ALREADY ATTACHED TO IT (by the central bankers)

The INTEREST on the DEBT which is continually growing, IS THE REAL PROBLEM.

As so much money is required to service the DEBT, NOTHING REMAINS.

[NowisEvollovetion]

By the end of 2009, and into 2010 the world economy will be in complete collapse.

There is simply not enough money to both service the existing debt, and run the economy and industry.

Due to the compounding nature of debt, it will eventually in time, simply suck everything of value from within the system.

LEADING TO TOTAL SYSTEMIC FAILURE.

[whahas]

Or, as Thomas Edison put it, befóre the crash of 1929:

If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good, makes the bill good, also. The difference between the bond and the bill is the bond lets money brokers collect twice the amount of the bond and an additional 20%, whereas the currency pays nobody but those who contribute directly in some useful way.

[whahas]

It is absurd to say that our country can issue $30 million in bonds and not $30 million in currency. Both are promises to pay, but one promise fattens the usurers and the other helps the people. * Thomas Edison, The New York Times, December 6, 1921

[clearasvodka]

Very cool. Never too early to start teaching kiddies the truth. :)

[endlessmountain]

Its better to tech them truth then to avoid the truth

[roztox]

LOL...Great way to convey the truth...

Weatherman inspired?

xtranormal looks like loads of creative fun and games...

Is it wrong to say, she was hot :)

Love and light...Shine on as ever...

[endlessmountain]

Yes he inspired me and its not wrong to say she is hot. Heck, why do you think I picked her (HEHE)

[ragged07]

did you make this? how cool!

[endlessmountain]

Yeah, its fun to do.

[quicktripgas]

LMAO! Awesome