Still Report #44 - Paul Hellyer - Bill Still.mov

Former Canadian Defense Minister Paul Hellyer spoke in favor of monetary reform at the Pubic Banking Institute's Conference in Philadelphia on April 27-28. Mr. Hellyer discussed how Canada quickly recovered from the Great Depression in 1939 when the Bank of Canada started issuing money without debt -- in the public interest.

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  News & Politics

[SnrRedneckRampage]

Great work Bill. I think a missing link might be money supply. If you have sound money (non fiat), no federal debt, limit capital reserve, and limit government spending to what they tax, the money supply seems very inflexible. I would suggest that monetary policy should target stable prices, not inflation, controlled by the money supply and capital reserves. If real-time price data is available (i.e. MIT's Billion Price Project), why not? Lots of potential social/economic benefits. Thoughts?

[bstill3]

Well, I just disagree with your biases going in. You say "sound money". What is that? I want sound money too -- money, the quantity of which produces economic stability. Trying to target metrics to stable prices seems like adding a very huge layer of complexity and opening the door to overly-complex math and thereby manipulation of the data.

[eraser642]

Ok well that tears it that is the exact motive i was looking for to not ever pay my debts.EVER.Until the system that is corrupt and a fraud is fixed.Paul Hellyer stated it that the entire world banking system is a fraud,which makes my loans,all of them,both student and mortgage,a fraud,no real money was ever put toward my loans which makes them broken, breached.Bill what do you have to say about that.

[eraser642]

Im never paying my fraudulent debt ever.I go and get a Degree get into debt with student loans and there isn't a single employer that will take me right out of college.Pffft!Never gonna see a dime of what they never put up.Sorry thats how its going to play believe that!!!The lenders made the rules and they can then financially die by them.

[sonicspring]

That was great. Thank you. So refreshing to see. To think that such huge reforms, that benefit people so much could be done in a year or less! We need to seriously inform our politicians and kick ass on this. Why burn people's lives by the million for the myth that austerity is the only way?

[terrygand]

The problem is, most people do not have a clue about `fractional reserve lending `, until this changes, "on it goes` . Folks only learn when they are robbed by, `over taxation` or, Inflation.

I believe that the debts in Europe are unpayable. I expect ( more demands for Fiscal control,`Debt sharing`,{ Germany doesn`t want that} then Inflation, Greece,Spain,Port`l etc,leaves Euro Zone ),this will fail, then before collapse, the `usual` War. Here we go again !  We never learn...thanks..Abe

[solojam]

we had a 100 years of privately owned wealthy class thrive, its time for the people to thrive for 100 years, end the private banking cartel around the world and put the power of coining money back into the hands of the people!

[Meta Holly]

The Solution for the global economic meltdown:

ALL SOVEREIGN GOVERNMENTS SHOULD CREATE DEBT FREE MONEY, AND GIVE SOME OF IT DIRECTLY TO CITIZENS.

[AlpineMusicSchool]

Good job.

[mom2dd]

This is the best video I've seen in a long time. So glad to hear his words and happy to spread this video. Thank you from Calgary!

[SnrRedneckRampage]

Sound money, meaning sovereign debt free money.

In the model you describe, how do you define "economic stability" or measure such?