Money as Debt 5 of 5
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Uploader Comments (dan3719)
Top Comments
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It is truly sad that there barely is over 2000 viewers to this most important message ever...
1 year ago 14
All Comments (39)
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@badpanda84 You are somewhat correct. The problem is that when some people start to borrow money to purchase things such as housing at very inflated prices, then everyone else is forced to borrow to purchase at those very high prices too, or else just be homeless.
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It's funny because when I was applying for a student overdraft I asked the person dealing with my account where the money will come from.
He denied that the bank creates money (credit) from nothing. ''we don't do that here'
He had to leave the room and to ask his 'superior' for advice. who then came into the meeting room and asked 'have you seen zeitgeist'
This world is screwed.
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Thanks to the makers for a clear and provocative documentary and for finding a soothing, listenable voice - letting sensational, distubring facts and good ideas speak for themselves. How refreshingly unAmerican.
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@FunnyValentine314 People have choices -- they choose out of the own free will to buy stuff on credit now -- instead of living within there means. ( which is what most responsible people should do)
No one forces you to buy the latest TV or computer game ( or whatever crap you spend you money on)... Its not the banks fault that some people what things now and cant learn to save.
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@badpanda84 "free will?" Did you not watch the video? People are forced to borrow money because the money that the average person makes cannot catch up to the taxes and interest that comes with buying goods and services.
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This is what I've been preaching about since the 5th grade! No really... The 5th grade!!! But not as articulate as this guy...
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can this series be bought somewhere as DVD?
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@dan3719 "If everybody was aware of what was going on they couldn't do what they are doing."
WRONG -- remember for the banks to do what they are doing it requires people to borrow money.
And remeber that banks don't force people to borrow money.. People borrow money from the own free will.
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Very good!
All this makes me so sad.
spankbutt123 2 years ago 4
Good, your supposed to be angry. Now go out and find out more. This is all we have to do to stop them, get informed. Then they can't fool us anymore. If everybody was aware of what was going on they couldn't do what they are doing.
dan3719 2 years ago 9