The Money Masters (Part 20 of 22)

[SeniorJohnQPublic]

Would monetary control under our US Treasury Department work for the long term? I think the solution proposed is way too simplistic and it ignores the fact the US does not live in isolation with the rest of the world.

[mcufre]

This guy presenting the documentary is totally the reincarnation of Lincoln, did anyone notice that? They are dead similar(pun intended). Now I gotta say this is the most reasonable solution to financial tribulation, and ironically exactly the same that is explained in the last chapters of the Protocols of the Elders of Zion (whatever one's opinion of that text is notwithstanding). It's clear the media won't foment it because it is controlled by the same conspiring bankers.

[Fersomling]

Aren't most slaves content to be slaves? Think about it...

[jhi1947]

This "SOLUTION" does not make sense! Sorry.

[gizcas]

JFK warned us about secret societies and the american peoples freedom being taken away. On June 4th 1963 JFK signed Executive order 11110 allowing 4.3 billion dollarsof UNITED STATES NOTES not FEDERAL RESERVE NOTES to be circulated. All backed by silver and gold, meaning we would not have to pay anymore interest to the federal reserve. 5 months later JFK was killed. This beast is more powerful than we think.. WAKE UP PEOPLE AND DO YOUR RESEARCH

[automatik3000]

You gotta remember the last time someone (Lincoln) tried to circumvent the international bankers and print his own debt free currency, they shot his head off... they even tried to set up our enemies on our borders to rush in on us during the Civil War so they could finish us off... So show me the politician that is willing to take a bullet to the head by abolishing the FED... the one with kids too... it all sounds good... but you left out the gangsta shyt... and you know they'll take it there

[mcufre]

@automatik3000 The solution is clear, what you talk about is EXACTLY the reason why it isn't being implemented. People have been taught that going against the banking international powers means ostracism or even death, and through generations, they have learned the lesson. The only way left, besides remaining slaves, is to fight fire with fire I'd say.

[automatik3000]

What are we gonna do about the International bankers when they begin to finance our enemies to come upon our land after we go after the FED? What you think, that they would just lie down and take it? Yo its gonna take more than just changing some laws... or exposing some people..... its gonna take some heart... because once we leave from under the umbrella.... all the rain is gonna come down upon us.... So you can't talk revolution without being ready to do some extra work....

[mcufre]

@automatik3000 That's a good point also and shows you are informed on the banker's modus operandi. Whenever throughout history bankers saw the situation turning against their interests they did exactly that, finance their enemies' enemies to bring them back in track and even get profits off the spoils. So to revolt against the bankers' paradigm a nation would have to be ready to wage a very grim war, but such is the price for true freedom.

[automatik3000]

@mcufre 100% agree...grim is probably an understatement though...you'd probably have to rename the other 2 world wars when this one gets started.. like you said.. they've been doing this for generations.. they're gonna do whatever it takes to maintain what they've got...but never say never.. if you can get enough people to get completely pissed off about all of this is, we might have something here.. Me personally, I think you haven't done your job as a politician if the FED aint gunnin for you

[mcufre]

@automatik3000 I myself gave up trying to stir a response in people, I know for certain that when there's food and energy shortages and some form of martial law implemented people will then revolt. This is because as long as folks have the little alms government gives them to hang on to, they won't sacrifice that little comfort in exchange for some sort of abstract idealistic struggle. Folks, and I include myself, turn very materialistic and apathetic when they find a comfortable spot in life.

[MultiMarie66]

WELL THEY CANNOT KILL EVERY CONGRESSMAN THAT STANDS UP AND DEMANDS AUDITING THE FED!! AFTER FOR OR FIVE OF THEM ARE MYSTERIOUSLY KILLED SOMEONE MIGHT START NOTICING! IT IS TIME TO ELECT OFFICIALS WITH A BACK-BONE AND STOP ALLOWING THEM TO AWAY WITH DOING WHAT THEY WANT INSTEAD OF DOING WHAT WE DEMAND (NOT ASK) THEM TO DO!

[waterchildtera]

@MultiMarie66 thats why they ran the debt up to 212 trillion

so it can never be payed back

they think check mate

but we can jail them for counterfeiting !

tie their actions up in court for there life's

[syanen]

BRAND NEW CONGRESS THIS NOVEMBER everyone!!!!!!

[Msbea345]

@syanen

Republicans support banks.....

[syanen]

@Msbea345 - so do "american" citizens.

[trishden]

hear! hear! End the Fed!

[deancole3]

whn are you americans gonna waste the money changes! only u guys can do it!

[Fike2308]

There's another good series about this: Phenonmenon: The Lost Archives was a show which lasted one season and had a total of 14 episodes. One of those episodes dealt with the Federal Reserve and the other episodes are also interesting but about different subject.....check the series out here on youtube!!!

[tanyaradic]

Taxpayers pay for sports arenas and then people pay to go there and " cheer" and spend more money. You expect the people to care about the Fed?

[skeletonmom]

Crap on banks and gov-everyone start barter and trading....yeah, I know the gov made it illegal...but, should that stop us?

They cant jail us all...without a revolt...

[msungs]

Stop the Federal Reserve. This is the biggest threat to our nation. We have a culture to in love with it's sports, tv, ipod, and pop culture. You are becoming a slave from the cradle to the grave....an economic slave. Stop this evil cartel of International bankers. Contact your Senator and Congressperson. The Federal Reserve is as "Federal" as Federal Express.

[RenewalOfAllThings]

We need a revolution. Period. Its not just the banks, its the financial leeches (lazy, entitled Americans) that rely on the Fed and complete the full circle of enslavement. The enablers (banks) need to be hung out to dry along with the leeches (lazy). Take back the money that is owed to us (interest) and make these rich bankster families dirt poor as a result. Exile them, execute them - it doesn't matter. Leave them a root or foot in the door and they come right back after world money.

[xshoreLS1]

I think people are too stuborn and selfish to want to change the system. Younger generations are too swept up with more superficial issues such as image, mp3 players, and anything marketing can create a need for through creating insecurity

[ev1lcupcak3]

@xshoreLS1 well 19 people agree with you so far...thats 20 of us

[TheCashistrash]

Keep it simple. United states Prints own currency and exchanges it one for one for the current federal reserve notes that are in circulation. Return all the shitty notes back to the federal reserve bank and make it illegal to use currency other than that printed by the united states government. The United States gets rid of all debt and is able to lower taxes for everyone yippie. Only problem is central bankers are bunch of crooks and are like roaches they always come back.

[KommanderWill]

We don't need to socialize the gains from land values. Here is a better idea. It is true infrastructure spending boosts the value of the land around it. Of course the government always is the one embarking on this,essentially giving out a subsidy to those landowners. In a free economy, we could expect adjoining landowners to invest in the surrounding infrastructure. Your point about infrastructure makes sense, but you come up with the wrong solution.

Also, the value in land comes from...

[KommanderWill]

...development. Raw land is cheap, especially if it cannot be used as farmland.

The non-aggression principle holds that it is always

[KommanderWill]

immoral to initiate aggression for any reason. Thus, taxation is theft. Theft is the unwanted taking of property, often with force. Try not paying taxes, see what happens. The government will initiate force against you.

Private banks don't steal from us. They are the benefactors of government oppression. In a free society, banking would be legitimate. In a socialized monetary system, the government steals, and the banks benefit from the theft, but the banks are not the ones collecting the...

[KommanderWill]

...taxes and enforcing legal tender and banking laws.

Anyways, what is your definition of theft?

[KommanderWill]

Assumed 5% inflation is rarely the case, monetary expansion is quite arbitrary.

You are completely wrong. By DEFINITION, an increase in the money supply is caused by policy. Adjusting the discount rate, printing up new dollars, adjusting the reserve requirements, etc, determines monetary policy. The money supply can never increase simply because of an increase in the price of anything. The argument that land prices determine the money supply is ridiculous.

[KommanderWill]

2.

Theft is theft, whether brought on by government or private individuals. If a criminal robs you, but then pays a homeless man with your money, does that mean you weren't actually robbed? Of course not, but that is exactly what you are claiming. And the "benefit of society" is about as vague a notion as one could imagine.

Taxing capital gains on land would only

[KommanderWill]

3.

...increase tax revenues a little. Capital gains on land are already taxed partially, taxing them 100% would only lead to a small increase in revenues, nothing near what is required to fund your dream state. Taxing the value of land occurs regularly in the US at local levels. They are called property taxes and are very oppressive. Property taxes typically barely pay for basic local services and education.

Now tell me this, why do you have such little faith in other tax systems?

[KommanderWill]

4.

The free market is responsible for the high standards of living in developed nations, the free market enriches nations, which socialism cripples them. The basic truth is that prices are signals that allocate resources to their most efficient uses in a free market. Socialism has no pricing mechanism, which is the root of its failures. That is why socalized economies develop shortages. Keep in mind fiat currency is nothing more than socialized money.

Please define theft for me.

[KommanderWill]

PT1.

Infrastructure spending if financed almost exclusively by the government. In a free society, a firm may be able to get landowners to help finance infrastructure that would benefit them.

Monetary expansion does not lead to over-lending primarily on mortages. Mortgages were traditionally quite safe investments. Monetary expansion usually goes into capital markets, read up on Hayekian triangles for more info.

The reason raw land prices tend to increase over time is because...

[KommanderWill]

PT2.

..the supply of raw land is more or less fixed and the demand continually grows with an expanding population.

Our tax system does tax income and inheritances, so any increased value from land that is realized will be taxed.

Government is not necessary for anything. Government operate outside the market and rely on violence. Education, infrastructure, health care, defense, etc can all be provided on the free market better than a socialist system.

Define theft for me.

[KommanderWill]

PT3.

First off, taxes on increased land values could not come close to covering our current budget. And if you managed to have such a tax, it would be circumvented, after all, who is to valuate the land?

The current tax system is complex indeed. However, the subsidation of landowners at the expense of non-land owners is totally insignificant to the distribution of wealth.

2 questions, where do you get your 14 year number from, and how is taxation not theft?

[KommanderWill]

Addressing both posts:

Austrian economics never dispute the fact that recessions never occurred before the fed. They do point out that bank failures and such(often caused by the gov) gave us recessions, but that these recessions were over within months. They do, however, dispute the claim that the Fed improves the situation at all.

Austrian economists blast other economic theories regularly, just the others rarely respond.

[KommanderWill]

Addressing both posts by swedish, part 2:

I disagree with your point about ever increasing land values. Populations with negative or even population growths should not experience this problem. As land can be used more efficient, raw land vprices would drop. Also, development on land is where real property draws most of its value, and real property values can drop(ie the housing market).

All taxation is theft. All government is supported by violence. There is no legitimate or free tax system.

[KommanderWill]

No...

In fact, Mises, the arguably the greatest figure in Austrian economics, was jewish and fled during that time.

Hitler was a product of an expansive monetary policy. Austria's hyperinflation was caused by the government trying to monetize all its finances and debts. They didn't tax or borrow, they simply printed up more money. This hyperinflation led to economic disaster and Hitlers rise to powers. Mises and Austrian Economists are famous for their opposition to central banks.

[KommanderWill]

thats exactly why these videos are wack.

Austrian economics explains the process much better, without having to resort to hate and racism.

[Caty25cat]

WE Ned to wake up!! Start THINKING!! Stop SLAVERY!! We are the slaves of those BANKERS!!

[KommanderWill]

We are slaves to government.

[johnny15400]

every one needs to send this video to they local congressmen and Senators.

[fthrcast]

johnny15400 : did you notice that all of these videos have no comments on them to speak of. That should tell you something in itself - that those who are gaining it , don't want to say anything at all.