Money as Debt - Fractional Reserve Banking part 5 of 5

Money as Debt - Fractional Reserve Banking

Do you know where money comes from? How it's created? How it's Valued?

Did you know that Money is Created out of Debt and how that works?
A great way to teach your children the value of money is this very interesting and educational animated... video. It is... an engaging animated production that everyone should see.

Video set consists of 5 videos totalling 42 minutes.
Click here for Auto Playlist to watch the entire series
http://www.youtube.com/watch?v=csHJqfLBk2M&feature=PlayList&p=D94A93E...

What is "Injecting Liquidity"?
Do Deficits matter?
Where is the US Dollar going with this war spending and Debt?

See more: Paul Grignon's 47-minute animated presentation of "Money as Debt"

"Deficits mean future tax increases, pure and simple.

Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers."
- Congressman Ron Paul

"The abandonment of the gold standard made it possible for the welfare statisticians to use the banking system as a means to an unlimited expansion of credit... In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value... Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statisticians' antagonism toward the gold standard."
---Alan Greenspan

Category:

Education

Tags:

• Money as Debt
• Fractional Reserve
• Banking
• monetary system
• federal reserve
• money
• borrowing
• lending
• mortgages
• lender
• borrower
• Inflation
• debt
• Greenspan
• Stock Market
• US Dollar
• Bernanke
• House of Cards
• debt as money
• yirmaster

[contactmohitg]

It is an eye opening video series. I was always finding it difficult to understand why economy growth calculated based on consumption, why not the value nation generate. Alas.... Greed is in the root of Financial industry...

World need a reset button. But it won't be easy...

[ehswan]

I think that the last vestiges of honest money disappeared in my country in 1965 when silver was removed from our coinage.

In 1964 a quarter bought a gallon of gas. That same quarter will still buy a gallon of gas and then some. That is honest money in that it does not lose buying power.

i