Watch with clarity as easy money (literally made by fiat, or ’cause I say so) created by the fed coupled with fractional reserve banking (leverage) that caused the collapse of this bubble and every other one since the existence of the private central bank . . . . can anyone logically defend the actions of the fed?
Support HR 1207 and S 604
Remember, the fed controls the money supply, and charges interest to do so . . . think about the implications of this.
2 reasons this should upset you
1) Since all money comes from the fed and the fed always lends money at interest, money is by definition debt. You are a slave to money. Ponder this.
2) If all debt in the economy were paid off, how much money would there be? Zip, zilch, zero….that sounds sustainable, right?
Duration : 0:7:32
[youtube KlDXVnLEWaE]
Jct: Start with a …
Jct: Start with a pile of money without telling how it got there, then shuffle credits without explaining where the credits cames from and make it look like banks are intermediaries lending out their depositors funds, rather than new credits like a casino bank issues new chips. The rest might be okay but why bother when the basic premise misses the instability in the 1/(s-i) interest-bearing bank accounts.
This is a great …
This is a great video series — thanks for posting it.
OurBraveNewWorld
Too true. I know of …
Too true. I know of people who lost millions. And one who is sueing one bank for some one billion for misrepresentation. Sore losers. But they have my sympathy. There but for the grace of God I could have fallen. Not for a billion, since I am no billionaire. Not yet anyway.