Where does money come from? (Money As Debt part 2)

September 29, 2009 · By admin

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What you don’t know won’t hurt you… …or will it? Money As Debt. Part 2 of 5. Animation by Paul Grignon. Narrated by Bob Bossin. www.moneyasdebt.net

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18 Responses

UglyFacet

February 13th, 2008 at 11:24 pm
1

Know what you’re spending!
Money = Slavery
gjkmn99

March 12th, 2008 at 11:46 pm
2

Hey does anyone have any questions you would like to ask a Arthur J. Rolnick,
Senior Vice President of the Minneapolis Federal Reserve, and Associate
Economist with the Federal Open Market Committee. He is giving any open forum at a local university and i am trying to get questions together. Message me if you have any, i plan to make a video of the event.
spacepirate777

March 18th, 2008 at 5:19 pm
3

I HAVE A GREAT IDEA!

Every time you receive a letter advertising a credit card or loan, use the included prepaid envelope to send them a letter advising the reader that he/she should watch “Money as Debt”. Indicate Youtube, Google Video and Guba(dot)com. This will get the employees at the banks educated about who they are actually working for, and the bank is paying the postage! We can start bombarding them with letters in this manner.
heinj98

March 30th, 2008 at 9:37 pm
4

I have to think about that one, but the question that “If the people realized the bank was loaning them air to get a mortgage on their house and charging them interest on that air, do you think the people would revolt?” would seem like a reasonable one.
Maggz11

May 24th, 2008 at 4:39 pm
5

spacepirate777, LETS DO IT!! booyah!
Ugluk1000

May 27th, 2008 at 6:02 pm
6

Banks are not ‘bad’ though. The banking system here is portrayed as bad just because this loaded word ‘debt’ is thrown in to make the whole system look broke. Without the banking system, the world would be a very very undeveloped place.

It literally is a case of what you don’t know won’t hurt you. If everyone was ignorant of the way banks work, then they’d work perfectly and life would be great. On the other hand if everyone was perfectly educated then in times of unrest runs of the bank =
msaasha

June 23rd, 2008 at 7:00 pm
7

How do they get to charge us to much in fees?
conceitarturo

July 3rd, 2008 at 11:21 am
8

what about the exponential growth suggested by the logic of this whole thing? it’s basically just a way to keep everyone franatically producing and requesting for crap they dont need, a way to keep the whole planet eternally in anguish. That’s not enough? how about this instead: The fact a few bankers really control the world.This concept reveals we’re effectively still living in a feudal system.
Herebebears

July 21st, 2008 at 7:38 am
9

Damn! I want to open a bank!
Chanbang18

September 13th, 2008 at 10:22 pm
10

6:39 looks like joey from friends on the right
Capnwabbit

October 9th, 2008 at 4:24 am
11

That’s the dumbest justification I ever hoid.
nikorichie

October 15th, 2008 at 7:48 pm
12

LOL – I see Mitt Romney at 5:02
GorterPoss

March 22nd, 2009 at 9:24 pm
13

Is this a Marxist conspiracy theory or is it legit? Quick, someone reply to my comment before I lose faith in the banking system.
pissysteve

March 29th, 2009 at 2:22 pm
14

watch?v=vitSBqhWjfc
geezzerboy

March 29th, 2009 at 8:57 pm
15

It’s all true. The 13 Colonies printed their own money in the early 1700′s, in defiance of the Bank of England. The Brits then started creating taxes THAT COULD ONLY BE PAID with Bank of England money. But of course you couldn’t exchange Colonial notes for B of E notes.
Thus the Revolution.
The Union won the Civil War with money it printed itself.
Lincoln was killed and the Bankers slowly reestablished the Bank of American now called the Federal Reserve.
It’s all in the real history books.
scattt

April 4th, 2009 at 1:30 pm
16

I’d say it’s more in line with Austrian economics, like what Peter Schiff espouses. Quite the opposite of Marxism. Youtube “Peter Schiff was right”.
warbuff1

August 19th, 2009 at 2:43 am
17

It’s totally legit man, I know it sounds ridiculously fraudulent and many of us didn’t even know until late, but yeah they (banks) make interest on imaginary $100,000 with only $1,111 of real money. Watch “money, banking and the federal reserve” by misesmedia.
windsofsolaris

September 14th, 2009 at 3:09 pm
18

this is a great vid, expcept for the conspiracy b u l l s h i t towards the end, but keep in mind that any monetary system is based on two things trust and the value of x. his reccomendations at the end are good ideas, but at the end of the day they too rely on the parties to TRUST each other.