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The Global Debt / Financial Crisis Explained... CAUSE AND SOLUTION!

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Published on Mar 5, 2011

Here are 5 simple questions we should all be asking:

1. Why are virtually all nations (both their public and private sectors) in HUGE amounts of debt?

2. Why is inflation a constant in the economy?

3. Why do economic recessions / depressions occur periodically? What is the ROOT CAUSE of mass bankruptcy including our current "Global Financial Crisis"?

4. How can we expect continual exponential economic growth (say ~3%) to occur forever? Aren't our available resources on this planet finite?

5. Most important, what can be done to fix this mess? How can we (collectively) get out of debt and STAY out of debt? Can we reduce inflation and make the economy more stable?

This video is a collation of "The Money Masters", "Zeitgeist", "Zeitgeist Addendum", "Zeitgeist Moving Forward", "Money As Debt" & "Money As Debt II: Promises Unleashed".

Answers to the above questions are contained in this video. The underlying causes of our economic problems are explained. Most countries loan their money from a central bank similar to the US Federal Reserve and allow private banks to lend out 10 times more money than they have in reserve (called "fractional reserve" banking). All money is created from debt. Collectively, we can NEVER repay off our debts to the banks. This is impossible. "Why is that?" Well, due to the INTEREST charged, total debt grows at a faster rate than total money - resulting in perpetual debt. We have become debt slaves due to this corrupt, fraudulent, unstable monetary system. Debt collapse (bankruptcy) of people, companies & countries are inevitable. Periodic recessions and widespread unemployment are the end result.

A practical, non-radical solution is offered to repay public debt and to abolish fractional reserve banking. Debt free money has been successfully employed many times in the past in the US and Europe and is desperately needed again worldwide.

Monetary / financial reform is arguably the most critical and urgent of all issues we face today. Please educate others and SHARE this video. Together we must take action and end the madness of a debt based economy.

For further details on the history of central banks and the proposed Monetary Reform Act go to:
http://www.themoneymasters.com/

To provide a clear explanation of why we are all slaves to this banking system, watch "Money As Debt". If possible this movie and its sequel "Promises Unleased" should be distributed and viewed in schools, etc. - or alternatively THIS video. :)

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