How Money went Bad: A History of Money (Very brief and very incomplete)

Yep. This doesn't even get into all the rediculous fees for electronically transferring money. ...or how messed up the stock market is...

Category:

Howto & Style

Tags:

• Jaimie
• Mantzel
• money
• making
• discarding
• purchasing
• power
• economy
• economics
• compound
• interest
• bank
• banks
• corporate
• bail
• out
• outs
• corporations
• rip
• off
• yt:stretch=16:9

[stoyashot]

Jaimie, I like the fact you are addressing a problem that seems to be really strange and negative. But we should not expect the worse of people although some might make us feel this way. Im only 18 years old so I dont know a lot but thinking bad about one another isnt going to help. You must be aware that youth is watching your videos and they already get the impression we are living in a strange bad world, please dont make us feel worse about the world and ourselves.

[JMEMantzel]

@stoyashot Sorry about making you feel bad. The fact is, though, that we are left with this problem. Ignoring it won't make it go away. Burying your head in the sand is an easy way to deal with this kind of thing in the short term, but helps to perpetuate the problem in the long term.

It is up to us. ....every individual to do what we can to make it more difficult for "sheisty man" to operate. A bit of resistance from everyone sure adds up quick.

[adddtd]

Awesome video Jaimie. Have you heard of the Zeitgeist Movement? They are all about how the whole economic system is horrible for the human race and the planet. Their latest movie Zeitgeist: Moving Forward (the whole thing is on YouTube) covers the money system from a similar point of view as you. If you wanted to skip right to that part, it starts at 42:17.

[mrcrazyawesomeguy]

Hey Jaimie. Here in Denmark Our bank transfers are done within a day, so i'f you need more evidens that the american bank system is Toying around with your money, There it is ;)

[TheHolySpirit]

Oh, and check out Bitcoin if you want a new way of transferring funds anywhere on the planet without a bank taking huge transfer fees.

[TheHolySpirit]

Haha.. this story seems kinda familiar right now!!! :D

The money coming into the limbo area is going to stop really soon! The day that happens isn't going to be a fun day if you've got money in the bank.  See Zimbabwe in 2008, Or Argentina, or Turkey or Weimar Germany in the 1920s for details. Can you spell H-y-p-e-r-i-n-f-l-a-t-i-o-n?

[scientrophic]

Your voice-acting is very funny. I laughed heartily. I started listening to Atlas Shrugged on tape at work to see what all the fuss is about, and one of the characters goes on a 20-minute tirade about the inherent morality of money as a unit of exchange between human beings who would otherwise negotiate with weapons, and that money motivates people to technological achievement because human beings are lazy by default. You are obviously a contradiction of these ideas. Those ideologues...

[jeffery19677]

@masonkim7 If you didn't call stoyashot names, he would probably be more likely to listen to your argument. Name calling is for people who don't have a legitimate argument.

[jeffery19677]

@JMEMantzel Yeah, but stoyashot does make a good point. Another thing. "sheisty man" was government. Kings and such... The modern banker is heavily regulated and only does what the government allows. "Predatory Lending practices" were REQUIRED by the community investment act. You are blending government and fiat currency into one big glob. Money has its place, and there are bad guys doing business everywhere. Wow, this is the first time I disagreed with you...You are still cool. :-)

[pinkydaslayer]

Why not just say "jew" instead of scheisty/bank man?

[masonkim7]

@stoyashot you weak sheep. instead of being a pussy and trying to not feel 'bad' try to face the problem at hand.

[osolodo]

So true

But I think of the economy as the matrix.

It uses me

And I use it*

*honestly, at least I tell my family that my interest rates are extortionate.

[MrDeverill]

So do you only deal in physical cash Jamie?