James Robertson - It's Our Money Anyway

James Robertson talks frankly about democratising our money supply. Money as debt is not sustainable.

Category:

News & Politics

Tags:

• James
• Robertson
• Renegade
• Economist
• Monetary
• Reform
• New
• Economics
• Foundation
• money
• supply

[yawnballsscratch]

Why doesn't he spell out the "impossible contract", that is with 95% of "money" being created as debt by private banks, repayable at interest, there is an absolute requirement for exponential new debt to service the existing as the banks only create the principal of the loans and NOT the interest. The general money supply is ALWAYS constricted therefore, and dependent on new debt inflows.

Bubbles are absolutely inevitable, & absolutely predictable because they are REQUIRED under the system.

[rapidset]

all savers withdraw the lot and teach the banks whos boss

[welngtn4]

bravo

[sustaincain]

Land Tax! Bring back Disraeli! Its so very invigorating isn't it! But sadly you know I think its day may have passed.

INCOME FROM LAND is already taxed. So isn't this just a question of setting LEVELS of taxation (although the basic coup d'etat of the landowners depicted in RE's Docu #1 is VERY worth knowing!)

FIAT MONEY vs The right to explode population.

There's our basic challenge: who gets to create money or children and under what conditions.

Slimy bin Liner has 52 siblings?

[sustaincain]

@dkleitsch You raise an important point: the market value of land an its relation to cost of using land. Rents would go up as the owners felt the pinch and the serfs had more in their pocket. There is a futile-redistribution argument there BUT the landless peasant folks (FKN News uses ruder terminology) would be nearer to being able to buy their own little plot.

[TreachMarkets]

I'm with you on your criticism of the banks, but as far as your land tax scheme? We have this thing called private property, don't know if you've heard of it. How about free money? Anyone can create any asset-based currency that they want, as long as it's redeemable for a set quantity of a hard asset. And outlaw fractional reserve, it's counterfeiting.

[skeight976]

money as debt is not sustainable

this should be a common fact. studied at grade schools

[dsyd2]

Government did not make the land, but government does not have the right to *keep* the land tax revenue any more than anyone else. That is why the revenue should be distributed as a citizen's dividend to everyone. Then, government taxing the landowners to compensate those who are forcefully isolated from the land is no different from police making a thief pay restitution for stealing.

[fergus247]

The government didnt make the land either, it didmt make the people living on the land. It owns niether and have no moral right to threaten people living on the land, claiming x amount of money under threat. Government is just another bunch of individuals.

[HurricaneHeidi]

Excellent video - very well explained. I am an American citizen, and we suffer from the same situation. I am now advocating a citizens' civil disobedience campaign because our Congress is in the banking lobby's pocket. I believe the Civil Disobedience should consist of boycotting the Federal Reserve banking system in protest of these unconscionable billion dollar bailouts.

Let's take back our wealth!

watch?v=GJMQCcFFzak

[theGreatMistake]

You are right when you say that without work there is no value. However, you are still wrong about land value tax being redistribution. Consider that I own all the land and you do all the work. I can make you pay whatever I want to use my land, since without it you cannot work, even though it is your work that gives value to my land. In a community the value of land is a surplus value that is created by the work of the community as a whole. this value is thus perfect to use as government revenue

[mailbox0009]

@ dkleitsch

This change will require that people change consciousness. We need to wake up to reality that we are one people, we are in reality a collective. Only in unconsciousness are we separate. The universe is abundant - all poverty is man made, the current structures are built on unconsciousness. Have a little bit of love for your fellow human beings.