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A Corrosive Money System | Zeitgeist: Addendum (Part I)

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Published on Oct 26, 2011

Zeitgeist: Addendum (2008)
Part One states that money is the most corrosive societal tradition and explains the monetary system and its policies in the United States through the fractional reserve banking system as illustrated in the book, "Modern Money Mechanics". In clarifying, Part One explains how money creation as an exchange between the government and the central bank (Federal Reserve in the U.S.), creates a perpetual cycle of interest and inflation, summarizing that money and debt are necessarily correlated and increasing. [cited from Wiki]

See part 2 - The Economic Hitman http://www.youtube.com/watch?v=uuC1ft...

http://www.thezeitgeistmovement.com/

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