Understanding Money and Inflation Part 1 (1 of 4)
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Money is NOT created by the government. It is created by private corporations.
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@hexzerg There isn't enough physical gold in existence to represent the global economy. I think it's high time we abandon the ways of Mr. Smith. It's time for me to grab my hammer and my sickle.
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@xXXBOBLOBLAWXXx The FR is not one bank. 'Money Masters' is a trashy conspiracist video that looks and sounds every bit the fraud that it is. Lee Harvey Oswald killed JFK. I agree with you 100% about Ron Paul in '12.
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But regardless, griping about the Fed or who killed Kennedy or lizard people isn't going to help anyone. Read Karl Marx if you want an accurate description of capitalism and how this is all going to end.
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cont'td... Which has led to the situation we're currently in, which is that a large portion of the workforce is considered superfluous. Our nation has only survived since the 1970s by creating bubble after bubble in one sector of the economy after another. At long last we had nothing left but our homes, and when that bubble burst the financial system crumbled with it. There is nothing left but to either radically re-think capitalism, or accept a permanently elevated level of unemployment.
@topographicoceans11 Countries need to go back to a gold standard. This statist kenyesian view of endless inflation to help economies grow is a bunch of nonsense!
hexzerg 1 year ago 6
Holy crap alex trebek?! gonna school me on money? ill take awesome for 100 please!
MochizMuM 1 year ago 3