Perpetual Debt: Bank of Canada & why we should use it instead of wall st.

This is how we could improve Canada's financial situation. We have our own publicly owned central bank and laws in place allowing us to borrow money from it interest free! loans for infrastructure, public works and the general betterment of our country. The money printed as a result of the use of this central bank would represent real value! currently 95% of our money represents debt.......how is debt something of value? isnt money supposed to represent tangible assets? This is so simple yet they complicate the system so that we blindly accept their debt enslavement.

Check out my website for more info on the Canadian money system: http://www.criticalthoughts.info

Category:

News & Politics

Tags:

• money
• Canada
• debt
• bank
• monetary
• federal
• reserve
• fraud
• central
• inflation
• interest
• foreclosure
• system

[irongiant20012001]

Great video - It's the best I've seen for explaining everything in a nutshell - As for comments, people respond better to a more "colourful" voice and showing your face a few times when you talk will make people connect with and believe the information more. Other than that, good job. Perhaps making a video on NAFTA would be good as well - we keep losing more and more Canadian companies to the U.S. !

[jamesrgauthier]

No comments, not many views in almost 3 years??? Something is wrong here...

[artz139]

we're headed the same way argentina went

[dirteafairyprincess]

wow in a nut shell...to pay that much in interest on a loan that was smaller...by that degree. now i understand comments about major banking having a strangle hold on the world economy...the r name. the worry about africa having its own bank, getting rid of an african leader

[VaudevilleRant]

@ElJulioso Basically, Canada's version of the United States Federal Reserve is nothing more than the Fractional Reserve Banking System itself. To truly know and understand the "Fractional Reserve Banking System" is to understand "the exact mechanism by which private banks profit by lending money to the government". So the short, concise, exact answer to your question is: Fractional Reserve Banking. (Just google that term, or wiki it and you'll have your answer more clearly)

[Psy0psAgent]

Under the law they can monitor anyone, he says. Well they for sure monitor and harass me and have done so for more than 5 yrs. I have evidence of crimes that they know I have been investigating and they ignore it and have actively taken an enemy stance. They are more than just 'monitoring', they are actively complicit in treason and war crimes. So not only are there those that are under the influence. There are active agents here and full in control of the police.

[hplaserjet2001]

Part 2: ...However, take this great power away from them, and all the great fortunes like mine disappear, and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create money and control credit." -Sir Josiah Stamp, Director, Bank of England, 1920s [reputed to be the 2nd wealthiest man in England at the time]

[hplaserjet2001]

Part 1: "The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create money and control credit, and with the flick of the pen they will create enough deposits to buy it all back again... -Sir Josiah Stamp, Director, Bank of England, 1920s

[hplaserjet2001]

"What we've had for the last 10 to 15 years is unlimited attitude, we can make money, we can do anything we like, we just have tons of time to do what we want without regarding regulation or regarding the basics of how you run your business." -Evelyn De Rothschild, Banker, CNBC interview

[hplaserjet2001]

"Once a nation parts with the control of its currency and credit, it matters not who makes that nation's laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talk of the sovereignty of Parliament and of democracy is idle and futile." -William Lyon Mackenzie King, 10th Prime Minister of Canada, Illuminati insider