Ben i too agree gold is not the answer. Ron Pauls free market money how about that? i like that idea. allowing the market to creat money when ever it wants. compete with any currency it wants. the markets money. if the banks ant lending let other money spring up and compet. if the big boys try and hoard all the money allow the market to reintroduce new currencies. gold, silver, copper a local currency anything the market wants. give the market total control of money creation. what you think?
What do you think about an energy backed currency, Bill?
If the quantity of money was determined by energy use rather than a group of men working in the shadows we would have real transparency in the monetary system and most likely a much more stable currency.
The 1st commodity money as livestock like cows for instance. Look up where the word pecuniary comes from. It is latin for "money, wealth in cattle". Cows as money proved to be wrong b/c they were perishable and being eaten. This would be the same problem for oil b/c once it is consumed it is extinguished and no longer in existence. Money should not be easily destroyed. Renewable energy on the other hand is constantly being created unless you have no wind or sun.
For monetary reform (1) & (2) are not sustainable solutions. Credit notes, such as the Colonial Scrip, have the potential; however, (1 inflation caused by corrupt politicians and (2 the U.S. is beyond the point of credit issuance. The debt, public and private, is too great
A snowball rolling down hill gains mass and velocity. Likewise out debt with compounding interest becomes larger & velocity of money increases
This boils down to whether or not one believes in elected government. I believe in it. Yes the snowball is rolling, and we will soon be forced to abandon its debt-money system, just as Galileo abandoned the Earth-centered universe theory. If you aren't going to trust yourself (via your elected government) to hold the money power, who will you entrust it to?
I really enjoyed your movies Bill, but Jesus isn't on the earth anymore and I don't see anyone else who is honest enough to control the money supply. I really see your system creating a socialist country where the government can spend as much as it wants, and the end result will eventually be hyper-inflation.
I do agree that your system is better than than the debt based system we have now, as the current system only benefits the bankers and those who have access to the debt first though.
Very funny joke at the end (about the smallest legal tender of Gold).
I'm glad you're still around, that Money Masters video looked really dated. Hope you're in good health.
hatchedarea 1 year ago
The great Bill Still. Send him some gold.
Casar1973 1 year ago
great explanation. thnx.
rigoletto68 1 year ago 3
I am glad I found
this channel
1RoaringMonk 2 years ago
Keep it up.
I saw one of your old films from the VHS days; - The Money Masters.
Great film in which you lay out the problems with the monetary system and the likelyhood of the problems we are now facing.
BarringtonDailey 2 years ago 4
Ben i too agree gold is not the answer. Ron Pauls free market money how about that? i like that idea. allowing the market to creat money when ever it wants. compete with any currency it wants. the markets money. if the banks ant lending let other money spring up and compet. if the big boys try and hoard all the money allow the market to reintroduce new currencies. gold, silver, copper a local currency anything the market wants. give the market total control of money creation. what you think?
spanishaustralian 2 years ago
I'm sorry not ben i ment Bill. my apologise Sir.
spanishaustralian 2 years ago
basically legalising the competition of money
spanishaustralian 2 years ago
What do you think about an energy backed currency, Bill?
If the quantity of money was determined by energy use rather than a group of men working in the shadows we would have real transparency in the monetary system and most likely a much more stable currency.
Antimatter60 2 years ago
The 1st commodity money as livestock like cows for instance. Look up where the word pecuniary comes from. It is latin for "money, wealth in cattle". Cows as money proved to be wrong b/c they were perishable and being eaten. This would be the same problem for oil b/c once it is consumed it is extinguished and no longer in existence. Money should not be easily destroyed. Renewable energy on the other hand is constantly being created unless you have no wind or sun.
high5flyer 1 year ago
i wish i had gold coins . will you accept my wifes gold wedding ring for a roll of toilet paper and a can of spam? thanks bill.
35slave 2 years ago
Five Stars from Mississippi*****
Always look forward to your reports!
Lord Bless you and yours for a safe and prosperous 2010 in spite of it all!
ABETRMAN 2 years ago
Happy New Year Bill. Keep up the good work and thank you.
sayntfuu 2 years ago
For monetary reform (1) & (2) are not sustainable solutions. Credit notes, such as the Colonial Scrip, have the potential; however, (1 inflation caused by corrupt politicians and (2 the U.S. is beyond the point of credit issuance. The debt, public and private, is too great
A snowball rolling down hill gains mass and velocity. Likewise out debt with compounding interest becomes larger & velocity of money increases
The system will change, but first currency crisis
Happy New Year
iknownothingnow 2 years ago
This boils down to whether or not one believes in elected government. I believe in it. Yes the snowball is rolling, and we will soon be forced to abandon its debt-money system, just as Galileo abandoned the Earth-centered universe theory. If you aren't going to trust yourself (via your elected government) to hold the money power, who will you entrust it to?
bstill3 2 years ago
Good point. Edward Murrow said "A Nation Of Sheep Will Beget A Government Of Wolves".
Vidoes like yours are helping to educate.
iknownothingnow 2 years ago
Bill do you see anything wrong with free market money? my post previous check it out. God bless you Sir.
spanishaustralian 2 years ago
Great vid.. thank you and
Happy New Year!
VidKingz 2 years ago
Great video Mr. Still, I`ve seen your ``The Money Masters`` before and immensely enjoyed it. Thanks for all the great work.
frugalite 2 years ago
I really enjoyed your movies Bill, but Jesus isn't on the earth anymore and I don't see anyone else who is honest enough to control the money supply. I really see your system creating a socialist country where the government can spend as much as it wants, and the end result will eventually be hyper-inflation.
I do agree that your system is better than than the debt based system we have now, as the current system only benefits the bankers and those who have access to the debt first though.
lcoscare 2 years ago
Good Lord. It's called a "Republic", not socialism. People vote on the stuff that's most important to them.
bstill3 2 years ago
Great job Bill... Happy New Year...
BourneAccident 2 years ago
lol @ bullionists. u rock bill
phospheneca 2 years ago 2
you go bill! and thanks for the signed DVD.
-martin
misformarty 2 years ago
His movie, The Secret of Oz is the best explaination of our economic problems and their solution that I have ever heard.
Long live the Benjamin Franklin banking system!
iamgabrielf 2 years ago
Comment removed
iamgabrielf 2 years ago
Happy New Year Bill
nprbiz 2 years ago
keep kicking ass
theneedledrop 2 years ago
The second part, SR 9, will be up in a few hours.
bstill3 2 years ago
Great as usual. Happy New Year !
drewsick 2 years ago