The Greenback

Abraham Lincoln wanted to go to a fairer system with something called "The Greenback". It was shot down by foreign powers and he was assassinated.

Category:

Education

Tags:

• corruption
• world banks
• slavery
• monetary system
• revolution
• Abraham Lincoln
• greed
• power
• zeitgeistmovement

[MrIzzyDizzy]

@deshaebeasley currency is only good for exchange - and is subject to control - abundance cancels a need to exchange and you cant control an individual who has free access to his needs

[YaHuWaHservant]

@MrIzzyDizzy I do not agree with the solution Zeitgeist proposes. Currency is all well and good. Necessary for a nation to build itself, increase it's standard of living, and for the common people to see that their needs are met. However the prosperity that a currency offers, compared to trading goods/services, is that it is highly susceptible form outside influences. As long as we teach our children the gift that is currency, then we should be able to secure it for as long as we can.

[MrIzzyDizzy]

@YaHuWaHservant i agree to some degree thats true - definetly as it relates to money as debt - instead of asset -if you ever watched the rest of the movie - the new system advocated rids us of both money and markets altogether

[YaHuWaHservant]

@MrIzzyDizzy Too late to be vigilant now yes, but when we create a new system we must be vigilant of outside forces coming in to destroy our sovereignty. Ignorance and Apathy are the invitation letters men write to tyranny. IT is because of our lack of vigilance in the past, that we are now in this mess.

[MrIzzyDizzy]

one further point - the fed has nevr failed to lend the govermnet money and it never will - so in essence the goverment is in debt for no reason - ie instead of borrowing money and collecting taxes to pay it back - the goverment could create its own money again - the fed was set up to prevent problems in the economy - they obviously fail - the arguement was goverment would print to much - but the fed has never failed to lend -and why would they - they have nothing to lose

[MrIzzyDizzy]

everyone should watch all of zeitgeist addendum and zeitgeist moving forward - and not just this small clip - also as for money matters alone - watch money masters and the secret of oz.

[MrIzzyDizzy]

@YaHuWaHservant " We must be vigilant that they do not weasel our representatives into establishing a debt based currency controlled by a private elite. " - the fed issues money -and thats a Private bank that lends to other banks and goverments every dollar that exist is thiers - its debt created from loans and they charge interest on it and this interest doesnt exist in the money supply--goverment borrows federal reserve notes at interest instead of printing notes - too late for vigilance

[YaHuWaHservant]

@deshaebeasley We must be vigilant that they do not weasel our representatives into establishing a debt based currency controlled by a private elite. That is what gets us into these situations. Let me say again. IT DOES NOT MATTER WHAT YOUR CURRENCY IS OR WHAT BACKS IT. ALL THAT MATTERS IS WHO CONTROLS THE QUANTITY. THE PRIVATE ELITE VS THE NATIONS CITIZENS BY WAY OF THEIR REPRESENTATIVES. Gold ultimately leads to control from a private elite. Better paper which our country controls. End.

[YaHuWaHservant]

@deshaebeasley 4. Lastly, State banks, modeled after the Bank of North Carolina, distributes this money to the people. That is the proper and best banking system as history shows us. That is the system that lead to Rome's economic prosperity, That is the system that lead to England's prosperity from the 12th century, and that is the system that made the Colonies in America flourish economically. We must be ever vigilant however that these "Gold bug" banker/rich elite do not weasel our reps cont

[YaHuWaHservant]

@deshaebeasley Here is how Benjamin Franklin, Thomas Jefferson, and Abraham Lincoln wanted our money system to work. 1. The President decides what our currency is, whether that be copper, paper, sticks, whatever as long as it cannot be counter-fitted easily because counter-fitting ruins economies as the past has shown us. 2. Congress decides on the quantity of this currency depending on what the market needs whether that is deflation or liquidity. 3. The treasury meets these demands. cont