Money As Debt - Fractional Reserve Banking - Cartels Robbing the Public (1/5)

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:

• banks
• bank
• fractional
• reserve
• banking
• graduation
• fox
• msnbc
• gold
• NWO
• currency
• debt
• finance
• fortune
• 500
• corporation
• cnn
• silver
• Patriot4Liberty1776
• Peter
• Schiff
• Jim
• Rogers
• Fiat

[JaysThoughts]

Actual MONEY or material Wealth is not debt. Federal Reserve notes are debt. I would just like to make that distinction. The banksters understand this distinction or they wouldn't be buying up all the actual gold money.

[Patriot4Liberty1776]

@JaysThoughts

good point Jay -- I was referring to our current debt based system.

[lennhart]

@Patriot4Liberty1776 Another strawman. The TOPIC IS THIS: 1) SS is NOT in trouble as GOPPS imply; 2) GOP proposals do NOT address your ill-thought out and vague philosophical ramblings; RATHER the GOP does NOT propose to REFUND to you SS monies withheld. Rather, Joe and McCain propose to let BIG BANKSTERS play WITH YOUR MONEY whether you like the bank or not! Address the issue! I am NOT INTERESTED in your vague, psuedo philosophical, and ill-thought out over generalizations.

[davisoneill]

Colonel Gaddafi was the greatest and, by far, the most effective humanitarian who ever lived. The Great Man Made River alone will save millions of lives (and that's why the Nato Nazis bombed it.) Gaddafi's plan for an African central bank, free of Rothschild \ Bilderberg ownership, would have freed Africa from the horror of the IMF and World Bank, and the Gold Dinar would have freed Africa from the Fractional Reserve system, thus saving millions of lives.

[IsraelNathanael]

These bastards are gonna pay for what they're doing, sometimes I get so angry watching videos like this. BUT I NEED TO KNOW! The time will come, that is a promise you can take right to the bank.

[TheAngryCanary]

@JaysThoughts

A clear way to define money is - "A physical symbol of something owed to the bearer." So a note that says, "The bearer of this gets an ounce of gold is money. The actual note is the money. So you can trade lumps of gold. Or oil. Or barter food. Or you can trade money, which is much easier physically, but people must trust the money is "good". They must have faith that it is redeemable. So our fiat currency is not actually "money". But it has value because you pay taxes with it.

[damaged01]

Resource Based Economy.

[PositiveMoneyUK]

A biggest public campaign has started to abolish fractional reserve system. Visit POSITIVE MONEY website and support the campaign.

[Omgadnowai]

@darkblood626

So true.

So exasperating. So aggravating. So despairing.

[darkblood626]

You can tread on a snake that has no fangs fang’s all you want,The problem is every one knows the government is corrupt but they won’t fight back (with the second amendment or handbags) as they are dependent on the state, every one nowadays is too lazy or stupid to take care of themselves and freedom requires independence. Even if the people responsible for out enslavement went on TV said yea where screwing you over people would just shrug it off and buy another fucking iphone.

[dudemusicspace]

@JaysThoughts You also describe 'gold money' here... the gold they buy is not coinage i.e. 'commodity' money... the dollar and sterling et al are 'fiat' money... commodity money i.e. gold coins went out a long time ago and the 'gold standard' in the UK for example went a long long time ago. Anyway out of time explaining this... money as used today is debt... due to there being no equivalent deposit for loans made and hence various artificial inflations... very clear... debt.

[dudemusicspace]

@JaysThoughts The world economy is one giant fractional reserve system and in the west loan money demands interest... if the money you speak of exists on another planet... then no... it isn't debt maybe... otherwise it is when looked at as a whole here... as there is not enough money in circulation in the world to cover all the debt in the world... money has lost any value once ascribed to it... it has become a negative equity... all world money is now debt... due to systemic failure.

[JaysThoughts]

@dudemusicspace Because that's what we have here in the US. That's why that's what I'm talking about. All money and wealth does not exist inside of a fractional reserve system. With or without the federal reserve. So all money and wealth are not debt. That monetary system propagates debt. Money ITSELF is not debt. What about that is unclear?