If you want to see a complete debunking of Ellen Brown and Web of Debt google "Ellen Brown's Web of Debt Is an Anti-Gold Currency, Pro-Fiat Money, Greenback, Keynesian Tract. Here, I Take It Apart, Error by Error"
I think its interesting that that video is even in the list on the right.. and that the preview image is a crotch shot of a woman in a bikini.
I think they know the extent of sexual addiction in our society and the power of pornography to narrow a man's focus to sex, forgetting about all else - No matter how important!
I wouldn't say that they are creating 'money' out of thin air. They merely monetize our private IOU promissory notes into public debt, which then functions as 'money' that can be fractionalized if deposited. Remember that you are only a fictitious US Corp. citizen if you say you are, so you don't need to act as surety for the US debt. Preferably you want to operate in commerce as a private Trustee, that can do private acceptances and thus set-off and discharge any public debt claims.
@jimmyrtle It helps if you watch the video before you slam it, She gives several well-known historical examples of government fiat currency working GREAT. So you think the system we have is working?! What color is the sky in your world? People like you have been fooled into blaming the idea of a democratic government, instead of blaming the banks that have corrupted it.
@jimmyrtle Um, just repeating a good idea and following it with "LOL" is not actually making a point. You have to give a reason it's a bad idea, otherwise you're just a troll looking to get a reaction because you have nothing else going on in your life. The rest of us are here hoping these ideas can get the world to where it should be - enjoying prosperity enabled by unprecedented technology/productivity. You really think the economy is going well? You must be an 8 yo with rich parents.
@jimmyrtle you can't fix people who enjoy being slaves to private banks either, who always mindlessly defend the status quo, who prefer allowing banks to print money by putting everyone else in debt to what the Founding Fathers and Lincoln did, following the constitution, directly creating currency to build the infrastructure or fight a war, instead of you brilliant preference - letting corrupt banks create the money and borrowing it from them.
@jimmyrtle Your denial of basic facts makes further discussion pointless. Tell us if you can any way money is created other than via fractional reserve banking and the multiplier effect. The Fed is not really part of our democratic government, it is owned by private banks. So if you think by continuing to state false made up facts that you win - then YOU WIN!
@EscapePlatosCave Money is created by fractional reserve banking, just as it has been for hundreds of years. So what? The Fed also creates money out of thin air when they purchase securities. So what?
Why would the Treasury directly creating and spending money be better?
The Fed is part of our government, created by the Congress, signed into law by the President.
It is not owned by private banks.
I win by pointing out your and Ellen's false, made up facts.
@jimmyrtle It would be better because then all money would not be created as DEBT, which you would understand if you were capable of understanding anything and had actually watched the whole video. Google any fact check site for who owns the Fed and you will see it is owned by private banks. You're just wrong, and obviously just a troll desperate for someone to talk to by making crap up. I'm DONE.
Your multi trillion dollar shortfall from GDP is caused by the fact that so much of the GDP is just made up. From Hedonics to imputations, the BLS is publishing numbers that are just meaningless and your research backs that up nicely.
In the darkest room even if there is a tiny candle that helps us wake up not only for our sake, but our children, other countries, seven generation in the planet. I have the book, excellent, but really could not finish it. This series is really helpful to grasp a little history of monetary thinking in US..the part five was choppy and not very clear to me.
I've read the book. It's been an eye-opening experience.
I've always wondered why there is such an imbalance in the world (the rich become richer and the poor always seem to have less). Also the topic of money creation and circulation had always been an blurry one and nobody had a clear explanation. This book brings a shed of light about this subjects.
I think is a good idea to have more diagrams and charts about this loans, money creation processes as a better way to understand it.
Why not abolish monetary systems? There is the one statement that states "Take away the money supply from the bankers and with the flick of a pen the banks can buy it back again"
What good is monetary reform if the bankers can just buy it back with a flick of the pen?
plus if the Banksters were willing to start wars and counterfit/sabotage to regain control of issuing money, whats to prevent them from doing the same again? Its a good bet they have some influence over the Media, Gov, CIA & army (though I bet a lot of people within would side with the people). If the all population knew about the racket and the stakes (mandatory in schools to protect next generations) it might be easier to protect it, though if Media campains against itd be hard
Oh well we couldnt possibly have communism or socialism their evil according to the US governemnt, and as we all know, the US governmnet has our best interests at heart.
Great presentation, Ellen's book Web of Debt along with Michael Rowbotham's book The Grip of Death are real eye-openers and must reads for anyone serious about monetary reform.
To think your whole life has been spent in a fraudelent money system of debt-bondage!
Wake-up sheeple, wake-up time to remove the banking parasites!
Excellent presentation. Her book goes into quite a bit more detail and is worth the read.
Under the low/no interest plan, has this theory on money supply and currency been proven with math? I've seen Mike Montagne's Mathematically Perfected Economy™ and that sounds interesting. He says anyone who suggests an alternative economy needs to supply the math to show how it works. I think he'd agree with a lot of points by Ellen.
Again, great presentation, and I'm glad to see more of your work.
$10 trn purchasing power whilst producing $13trn worth of goods and services. This, I am sure, is the gap or lag that Major C.H. Douglas was referring to, and which only grows as time with the economy linked under a compounded interest bearing debt credit system. This is easy to show with double entry B-keeping, basically if you have an obligation higher than you purchasing power you have to demand from the market through your prices more credits to meet you obligation brakeven and profit margin
This is like realizing that you have been in a enoumous Ponzi scheme your whole life and didn't know it. The scheme is so woven into the fabric of life that pretty much everybody assumes that a fake reality is truth.
@lkeiger Probably because Ellen is wrong wrong wrong
and Erika is oh so right.
jimmyrtle 8 months ago
What's up with these total A holes commenting here and trying to DEBUNK what Ellen Brown has to say...????
I have researched her facts, and she is SPOT ON THE MONEY.. pardon the pun...
WAKE UP PEOPLE! GET OUT OF DEBT! DON'T DO BUSINESS WITH CRIMINALS...
Gee Whizzz... I'm glad I paid attention....
BourneAccident 1 year ago
Thanks Ellen - I shall try to tell loads of people to look at your work - it is very clear
jacobchigung 1 year ago
If you want to see a complete debunking of Ellen Brown and Web of Debt google "Ellen Brown's Web of Debt Is an Anti-Gold Currency, Pro-Fiat Money, Greenback, Keynesian Tract. Here, I Take It Apart, Error by Error"
jackson32 1 year ago
@lkeiger
I think its interesting that that video is even in the list on the right.. and that the preview image is a crotch shot of a woman in a bikini.
I think they know the extent of sexual addiction in our society and the power of pornography to narrow a man's focus to sex, forgetting about all else - No matter how important!
StopTheRobbery2 1 year ago
no wonder those bankers got Hitler ballistic
StraussBR 1 year ago
I wouldn't say that they are creating 'money' out of thin air. They merely monetize our private IOU promissory notes into public debt, which then functions as 'money' that can be fractionalized if deposited. Remember that you are only a fictitious US Corp. citizen if you say you are, so you don't need to act as surety for the US debt. Preferably you want to operate in commerce as a private Trustee, that can do private acceptances and thus set-off and discharge any public debt claims.
qui3tude 1 year ago
@qui3tude Dude, why is your channel available?
d3rk11 1 year ago
I'll show this video to my adult sons. We need to get rid off private banking
Demetrenos 1 year ago
@Demetrenos
Government banking would work much better?
You must be joking.
jimmyrtle 1 year ago
@jimmyrtle Why not? Nobody can make it worse than the big bankers. Did you miss it that Obama gave trillions to the bankers?
Did you listen how money is created?
Demetrenos 1 year ago
This has been flagged as spam show
@Demetrenos "Why not?"
LOL!
"Nobody can make it worse than the big bankers"
Government can.
"Did you miss it that Obama gave trillions to the bankers?"
When did he do that?
"Did you listen how money is created?"
I know how money is created. Better than Ellen.
jimmyrtle 1 year ago 4
@jimmyrtle It helps if you watch the video before you slam it, She gives several well-known historical examples of government fiat currency working GREAT. So you think the system we have is working?! What color is the sky in your world? People like you have been fooled into blaming the idea of a democratic government, instead of blaming the banks that have corrupted it.
EscapePlatosCave 8 months ago
@EscapePlatosCave I don't need to see examples of fiat currency.
Our system works better than her recommendation would.
She wants the government to print money to pay for low income housing or "green energy"
Great idea. LOL!
jimmyrtle 8 months ago
@jimmyrtle Um, just repeating a good idea and following it with "LOL" is not actually making a point. You have to give a reason it's a bad idea, otherwise you're just a troll looking to get a reaction because you have nothing else going on in your life. The rest of us are here hoping these ideas can get the world to where it should be - enjoying prosperity enabled by unprecedented technology/productivity. You really think the economy is going well? You must be an 8 yo with rich parents.
EscapePlatosCave 8 months ago
@EscapePlatosCave
Printing money in order to waste it on liberal boondoggles is a good idea?
You can't fix stupid.
jimmyrtle 8 months ago
@jimmyrtle you can't fix people who enjoy being slaves to private banks either, who always mindlessly defend the status quo, who prefer allowing banks to print money by putting everyone else in debt to what the Founding Fathers and Lincoln did, following the constitution, directly creating currency to build the infrastructure or fight a war, instead of you brilliant preference - letting corrupt banks create the money and borrowing it from them.
EscapePlatosCave 8 months ago
@EscapePlatosCave I'm not a slave to private banks, are you?
Banks can't pring money and they can't put everyone else in debt.
You don't think the Fed follows the Constitution?
What do you think the Fed does with their earnings?
jimmyrtle 8 months ago
@jimmyrtle Your denial of basic facts makes further discussion pointless. Tell us if you can any way money is created other than via fractional reserve banking and the multiplier effect. The Fed is not really part of our democratic government, it is owned by private banks. So if you think by continuing to state false made up facts that you win - then YOU WIN!
EscapePlatosCave 8 months ago
@EscapePlatosCave Money is created by fractional reserve banking, just as it has been for hundreds of years. So what? The Fed also creates money out of thin air when they purchase securities. So what?
Why would the Treasury directly creating and spending money be better?
The Fed is part of our government, created by the Congress, signed into law by the President.
It is not owned by private banks.
I win by pointing out your and Ellen's false, made up facts.
jimmyrtle 8 months ago
@jimmyrtle It would be better because then all money would not be created as DEBT, which you would understand if you were capable of understanding anything and had actually watched the whole video. Google any fact check site for who owns the Fed and you will see it is owned by private banks. You're just wrong, and obviously just a troll desperate for someone to talk to by making crap up. I'm DONE.
EscapePlatosCave 8 months ago
@EscapePlatosCave "It would be better because then all money would not be created as DEBT"
The government doesn't pay interest on newly created money, so why would the government benefit?
"Google any fact check site for who owns the Fed and you will see it is owned by private banks"
Find out how much the private banks received from the Fed last year and compare it to how much the Treasury received from the Fed last year.
"I'm DONE"
No kidding. I blame the public schools.
jimmyrtle 8 months ago
Your multi trillion dollar shortfall from GDP is caused by the fact that so much of the GDP is just made up. From Hedonics to imputations, the BLS is publishing numbers that are just meaningless and your research backs that up nicely.
christo930 1 year ago
she is awsome
but she would get killed her plane would go down
or a car crash or suicide
the people she talks about are very powerful
and i learned many moon ago that its one big happy con job
now i really feel sorry for the grunt on the front line
winner502 2 years ago
Montana and North Dakota are the only 2 states that are fiscally sound at this juncture.
high5flyer 2 years ago 3
@lkeiger
Obviously that includes you!
Great changes in history aren't lead by a good many, but by a great few.
high5flyer 2 years ago
In the darkest room even if there is a tiny candle that helps us wake up not only for our sake, but our children, other countries, seven generation in the planet. I have the book, excellent, but really could not finish it. This series is really helpful to grasp a little history of monetary thinking in US..the part five was choppy and not very clear to me.
00iam 2 years ago
2611 to 504996..
you are right on - america is asleep and no one cares......
they will one day when the wake up one morning and there is no banking system, and they have lost everything!
cds162 2 years ago 3
do you have a link !! ;-)
DavidAKZ 2 years ago
Very interesting observation.
newculture 2 years ago
do you know what Comprehensive Annual Financial Reports (CAFRs) are?
ParapaDrifter 2 years ago
Fine presentation. Good work Ellen!
ehswan 2 years ago
I've read the book. It's been an eye-opening experience.
I've always wondered why there is such an imbalance in the world (the rich become richer and the poor always seem to have less). Also the topic of money creation and circulation had always been an blurry one and nobody had a clear explanation. This book brings a shed of light about this subjects.
I think is a good idea to have more diagrams and charts about this loans, money creation processes as a better way to understand it.
kakarott829 2 years ago 4
Why not abolish monetary systems? There is the one statement that states "Take away the money supply from the bankers and with the flick of a pen the banks can buy it back again"
What good is monetary reform if the bankers can just buy it back with a flick of the pen?
FSJMayFest2009 2 years ago
plus if the Banksters were willing to start wars and counterfit/sabotage to regain control of issuing money, whats to prevent them from doing the same again? Its a good bet they have some influence over the Media, Gov, CIA & army (though I bet a lot of people within would side with the people). If the all population knew about the racket and the stakes (mandatory in schools to protect next generations) it might be easier to protect it, though if Media campains against itd be hard
Rickdeckard2020 2 years ago
Oh well we couldnt possibly have communism or socialism their evil according to the US governemnt, and as we all know, the US governmnet has our best interests at heart.
Bladeofblackness 2 years ago
Great presentation, Ellen's book Web of Debt along with Michael Rowbotham's book The Grip of Death are real eye-openers and must reads for anyone serious about monetary reform.
To think your whole life has been spent in a fraudelent money system of debt-bondage!
Wake-up sheeple, wake-up time to remove the banking parasites!
marlhay 2 years ago 2
Excellent presentation. Her book goes into quite a bit more detail and is worth the read.
Under the low/no interest plan, has this theory on money supply and currency been proven with math? I've seen Mike Montagne's Mathematically Perfected Economy™ and that sounds interesting. He says anyone who suggests an alternative economy needs to supply the math to show how it works. I think he'd agree with a lot of points by Ellen.
Again, great presentation, and I'm glad to see more of your work.
WheresTheInterest 2 years ago
I thought the gold standard was necessary to impose discipline upon politicians. She changed my mind.
If productivity is greater than money supply, we can print until we reach equilibrium. She's brilliant!
I wonder if she has anything to say about why interest rates were illegal in medieval Europe. Did they know something we've forgotten?
iamgabrielf 2 years ago 2
She is American!!! Yeah!!!
personaly, I think the more money people have the more we will create.
We do have to keep our recources in mind...
dax313xab 3 years ago
$10 trn purchasing power whilst producing $13trn worth of goods and services. This, I am sure, is the gap or lag that Major C.H. Douglas was referring to, and which only grows as time with the economy linked under a compounded interest bearing debt credit system. This is easy to show with double entry B-keeping, basically if you have an obligation higher than you purchasing power you have to demand from the market through your prices more credits to meet you obligation brakeven and profit margin
toastedpiano 3 years ago
State banking sounds like a good idea
tetranoob 3 years ago 3
This is like realizing that you have been in a enoumous Ponzi scheme your whole life and didn't know it. The scheme is so woven into the fabric of life that pretty much everybody assumes that a fake reality is truth.
valhala56 3 years ago 16
Welcome to the Twilight Zone...
chtyrice 3 years ago
Yes, then we start looking and we wake up to see the truth!
JuneRoca 2 years ago