Renaissance 2.0: Lesson 2 - Revisiting Economics 101 - Debt

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Uploaded by on Mar 21, 2010

(link to lesson 3: http://www.youtube.com/watch?v=a2VDC8UQ3c8)

Lesson 2 - Revisiting Economics 101 - Debt: Imperial Power and Control discusses the power of debt-based money, emboded in the bond market, and its ability to exert total top-down power and control over the empire. You will learn how our system is not a free market and how neoclassical economics misses so many key points.

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Uploader Comments (councilonsper)

  • You have done a great job on these videos. You have correctly identified the flaws of neoclassical economics. If there is one thing I would change , it would be to integrate derivatives into your discussion. The "over the counter" derivatives market has an estimated size of about $596 trillion. By contrast, the value of the world's financial assets—including all stock, bonds, and bank deposits—was pegged at $167 trillion last year by McKinsey.

  • Hi seminar7, in the bond market model I layout here, derivatives were just the newest form of debt instrument used by the financial elites to keep leveraging the system so it could keep expanding. And they now give the ownership class total power and control, i.e. JPM Chase controls the US government given its derivatives position.

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  • 80,000 people never made it from Lesson 1 to Lesson 2...

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  • So the reason for wars dont need to be terrorism etc, but to keep this system going.

  • BEN BERNANKE didn't like this video

  • Get rid of your fiat debt dollars and buy silver or gold. All of these revolutions in North Africa are useless. They are going after the puppets and ignoring the true rulers, the central banks.

  • Do you think the bond market is possible to crash? Would it even be in the interest of any of the large players to crash it? To lets say force a sort of new version of SDR currency to back the world economy, reset debt/trade deficits and perhaps even avoid the obvious scam of having printed and inserted vast amounts of dollars into the system?

  • It doesn't have to be this way! People, RESISTANCE IS VICTORY.

  • Respond to this video...Compounding Interest and ownership 

  • Foreign = International jew

  • extremely good job in detailing the problems with supply side economics and those who attempt to use neoclassical economics to justify it

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