Corrupt Banking System 05/05

This highly informative and easy to understand film covers just about everything that isn't taught in school regarding the corrupt banking system. It explains how these institutions get away with robbing the unsuspecting public by creating monetary policies designed to enslave society, while keeping the system in a perpetual state of rising debt.
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Additional keywords (tags):
tyrranyofsouls tyrannyofsouls

Category:

News & Politics

Tags:

• banks
• atm
• credit
• card
• bankruptcy
• international

[yuwy]

@OpenYourMindQuaid because the initial money from the central bank was loaned to the bank. This loan of 1111.12 was a deposit into the private bank which allows the bank to lend out 9 times the amount (9:1 ratio) so the bank lends out 10000 now.

[OpenYourMindQuaid]

Extremely well done video.

The only question/concern I have is how $1111.12 initially turned into $10,000 before multiplying 10 times to $100,000.

This seems to violate the reserve requirement ratio, in which the $1111.12 would require ~$111 of reserve, leaving $1000 of extendable credit that could be multiplied to $11,111.20 after percolating through the system.

The only way I can reconcile this is by assuming that the $1,111.12 is itself a reserve by accounting definition.

Is this correct?

[hablerz]

@VideoCentrealChannel You pay the interest on the debt through your high taxes, the money you have IS debt. You also lose money in a stealth tax through inflation every year.

In England the interest on the national debt is equal to each man woman and child paying 3000 pounds per year , thats just the interest.

You can imagine the entire Human race as hamsters running ever faster on the little wheel trying to get ahead but always failing.

[SiegeHunter]

Thanks for the video. It nice to change but the system has been over for 300 years and unless something really terrible happen that make the system fail, the system will just keep going on and on. With the current rate of new discovery of resources like those deep sea oil drilling and exploit new source of energy (fusion D+D), renewable energy( solar, wind, water), recycle of resources and initiative to regenerate the woods, the exponential growth will be able to sustained for years to come.

[Will224000]

...God bless you essentialminz for uploading this video... this has been the simplest explanation yet... I am going to download this and copy to dvd and pass it out on the street...

...who made this, you?...who is the narrator ?...

[VideoCentrealChannel]

Me and my family are in no debt and we plan on keeping it that way.

But i ask myself, are we still victims of this system?

[poosungee]

hmmmmm... this a deep form of hegemony we have gotten ourselves into.

[wajkner]

great movie. cant belive what im seeing. been watching a few clips and read a few texts about this phenomenon before but i never really understood it until now. the earth could use a good reset.

[DarkwingScooter]

What is also neglected is that society can be viewed as an connected web of mutual serfdom, whether the slave master is a powerful warlord or a banker.

What is preferable is to be a slave to a just master (i.e. a system of laws designed to safeguard the public good) than to a arbitrary dictator, as long as you remain aware your serfdom you are okay.

You cannot avoid being a slave one way or another though. What is much more troubling is the miscalculation of the value of natural public goods.

[DarkwingScooter]

I am also astounded at the lack of comments to this since it neatly summarises the reasons for the collapse that followed soon after.

Some things not considered: The assumption is that value is continually created (in addition to energy inputs) by ingenuity and rising population. This is supposed to be precipitated by the debt created and also to fund the rising debt as well. Bubbles will inflate when the value created is less than the money created.