Perpetual Debt

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
1,144
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on May 3, 2009

Paul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created. It is an entertaining way to get the message out. The Cowichan Citizens Coalition and its "Duncan Initiative" received high praise from those who previewed it. I recommend it as a painless but hard-hitting educational tool and encourage the widest distribution and use by all groups concerned with the present unsustainable monetary system in Canada and the United States.

Link to this comment:

Share to:

Uploader Comments (criticalmindseed)

  • King Peter rules a country, Petoria. one of his tasks is to supply all the money they need for trade. All the money in Petoria was created by Peter and payed back to him by the people. One day he decided to make them pay back the money he supplied + a bit extra.

    If all the money in this country is money he had lent them then where will the people get the extra from?

Video Responses

This video is a response to In defense of freedom
see all

All Comments (5)

Sign In or Sign Up now to post a comment!
  • Long-term Elimination and Prevention Technique for Inflation and Unemployment

    In an ideal situation, where and when Real Gross Domestic Necessity Goods (RGDNG) such as Food and Agriculture is the unit of account, demand and supply of neces...sity goods (food and agriculture) is directly proportional to Real Gross Domestic Product (GDP). Thus, Real Gross Domestic Necessity Goods (RGDNG) prevents inflation and unemployment.

  • An intrinsic, limited and scare non-necessity commodity such as gold, silver nor fiat money, as the unit of account, and non-globalization of macroeconomics is to blame for financial crisis. Food and Agriculture, as the unit of account, is the long-term solution for financial crisis, with complement to rules under the Rome Declaration on World Food Security.

  • Great video, thanks.

  • bummer...I was hoping that this would be simple enough for my family to watch it, but they'll tune right out the minute they hear the word Percentages...I know them all too well. If anyone knows of a video that explains in such simple format that a very ADD child-like mind would be able to understand, let me know. :)

  • money is such a simple concept...its amazing how much the system has distorted our view

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more