Money as Debt - Fractional Reserve Banking part 1 of 5

Money as Debt - Fractional Reserve Banking

Paul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created. It is an entertaining way to get the message out. The Cowichan Citizens Coalition and its "Duncan Initiative" received high praise from those who previewed it. I recommend it as a painless but hard-hitting educational tool and encourage the widest distribution and use by all groups concerned with the present unsustainable monetary system in the United States.
http://www.moneyasdebt.net/

This highly informative and easy to understand film covers what money is, how is has been dealt with in the past and how our current Fractional reserve banking system works. 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.

Category:

Education

Tags:

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

[truthiness66]

@N3wW0rld The video asserts that banks are lending with money supplied by the Fed. Bank lending is governed by the Basel Accords that tie lending to bank capital. Fed lending is overnight for liquidity purposes, not lending (exception was the TARP). If banks tried to lend these Fed Funds it would also create an asset/liability mismatch. As to "authoritative sources" there are various FDIC and Fed publications on the topic, google the Basel Accords and see macroeconomics books

[N3wW0rld]

@truthiness66 Why don't you state what is untrue and this video? Also, could you please recommend the 'authorative sources'?

[truthiness66]

This clever series is a misleading scam by someone ill-informed and playing to people's prejudices. There are many problems with the Fed but this individual is not addressing them correctly. A conspiracy theory built on half truths to add to people's fears. This is not what libertarians and those looking for government boogie men want to hear, but it is the truth. There are many other authoritative sources available if your want to know the whole truth instead of this compilation of half truths.

[brentpal]

@foxxxy723 not unless the goal was to get a global melt down in order to push a one world currency thus eventually a one world government

[TheBahram203]

@foxxxy723 WE THE PEOPLE create bubbles and put OURSELVES into trouble, the banks didn't force people to get mortgages back in 2008 , did they ? the brokers and banks didn't FORCE us to buy stock on margin in the 1920s, did they ? People's GREED creates bubbles, the federal reserve's job is to prevent that, but people are still greedy!! PLUS like I said in my comment before, you can not run deficits for so long without a money supply! A gold supply runs out, but a money supply does not !

[foxxxy723]

@TheBahram203 but no bubbles would be artificially created to put us in the mess in the first place

[TheBahram203]

without this kind of system, if we run a 500 billion trade deficit for 10 years which we have been, the country would be wiped out of money.

[linagee]

Youtube search for "what is bitcoin" and you too can be a part of taking down fractional reserve banking!

[randomdude10010]

This is such a fallacy as to how money is multiplied. Today it is connected to the reserve amount, and that dictates how much a deposit can be multiplied. I don't have enough space here to explain, but if you message me I will explain it for you.

[EagleTalonZ]

Don't forget! Today is Ron Paul's money 'bomb'!!! Go to w w w(dot)ronpaul2012(dot)com and donate! Also, if you purchase campaign items in the store it does go towards the donation amount. Join the r3VOLution and let's save this nation!! END THE FED!!!