The Myth of the Free Market - Money, Interest and Power!

A video to send to those who think the free market produced all the recent economic catastrophes...

...and happy new year to all my listeners and subscribers, thanks so much for all your support of Freedomain Radio! :)

Http://www.freedomainradio.com

Category:

Education

Tags:

• interest
• money
• economics
• financial
• meltdown
• banking
• mortgage
• loan
• unemployment
• bailout
• catastrophe
• Barak
• Obama
• Ron
• Paul

[chotaboy66]

What garbage stef you cant even logically qualify money creation? ,now if you could you would know there is & never has been a free market so long as the banks you advocate obfuscate our promissory obligations we have to each other? not to a thief /bank who gives up no consideration thus controlling money by forcing a falsified debt to themselves,Yes we have no choice to volunteer interest that cause's price inflation & TERMINALLY depletes circulation that only consists of some principal at most

[TheOmegaeyes]

25 people that watched this video are happy to be slaves to the monetary system. Bow to your masters, Bank of America, Wells Fargo, JP Morgon & Chase Citigroup.

[tehatemachine]

@MGGoblin It's not anarchy, it's what the founding fathers wanted. And Ronald Regan was one of the best damn presidents we had. He was the only one who had the balls to stand up to the federal reserve. Which is the main currency regulator EVERYONE hates.

[tehatemachine]

@Hasshasser well that's the thing, and libertarians also acknowledge that you do need a government but must be limited in power. Somalia barely even had one.

[Hasshasser]

Researching the system you're proposing led me to societies in the past where Governments couldn't rule anymore, so that people had to organize themselves & installed local currencies.One of the most recent examples was Somalia. they could get rid of their governmental structures & there were no Market restrictions in the beginning.After a short while, clans took control over this situation, in a Mafia kind of way.Mafia itself is a traditional example from Sicily on the aftermath of free Markets

[MGGoblin]

@Satarack Ok. I am attacking FREE-MARKET ideology, not you. I have no problem with you my friend, In fact I enjoy this conversation. There is no such thing as a totally de-regulated market, and de-regulation was one of the key political projects pushed by Milton Friedman and realized by Ronald Reagan and Margaret Thatcher. The right wing anarchocapitalist project GOT US ALL into this. Derivatives were illegal until the free-market fanatics made them legal.

[truevoice08]

@Satarack I don't know what you're talking about. You are either deeply confused or deliberately misrepresenting the free market position. Though I think I've made my point clear. The status quo is a heavily regulated economy and that more regulations only empower the State and its corporate friends, contrary to popular superstition. Best luck to you in understanding how the world works. Stefbot channel is an excellent resource for that purpose.

[Satarack]

@MGGoblin Why are you trying to pin de-regulation on me? I'm saying we need banking regulation, and that the repeal of regulation on banks is what led to all this mess. Like I said, you really don't seem to understand what I'm saying.