Watch this and understand what is happening to the world.

Dude thats fucking like 6 videos, how about some damn cliff notes eh? I don't got 10000 hours of my life to spend on politics and bullshit shit about shit.
 
I watched the first video. I didn't really believe any of it. They don't give any sources in the video and it just really seems made up. I checked out the website and it has a list of references.

The references are awful.

Every website I looked at looked like it was designed in 1995. This doesn't necessarily mean they're bad but most legit sources are going to have a decently designed webpage.

Some of the websites had sections about 9/11 conspiracies. Come on. Really? Really?

Not a single .edu source. I would guess that if this was for real at least 1 professor at a college would have written something about it.

Wikipedia and answers.com were popular sources.

A lot of the information cited wasn't in the source material.

Some of the references were hosted on the moneyasdebt.net site. You can't cite yourself as an outside source.

Check for yourself.

http://paulgrignon.netfirms.com/MoneyasDebt/references.htm

You just need to settle down, remove the tinfoil hat, and think about what it would actually take for one of these huge scams to actually work.
 
Believe it or not, as discusting as it is, that IS how the banking system works today.

I would be glad to explain aspects that you doubt, but saying you don't believe any of it is rediculous, because Part 1 was basically an introduction to the evolution of the banking system, which is well documented, and not disputed.

Yes, some of the sources are hosted at smaller websites, but the relavent content of those I have looked at is credible. I found one word doc that was hosted on their own site as a reference, but it is also hosted elsewhere. And if the first video doesn't mention the fact that the true nature of the banking and monetary systems are not taught in academia, it is mentioned in the latter ones.

I'm sorry you feel that by discussing the possibility of 911 conspiracies, a source loses all credibility. Recently the Japanese Parliament has been questioning the official story in public:

http://www.911video.de/ex/jap111.htm

.

.

.

.

I really would like to hear a specific point you have issue with.

It might make more since if you actually watch the rest of the video.

 
...Those were only used to cite quotes that were used in the movie. They are all legit.

And for those of you complaining that you don't have less than an hour to watch a 5 part youtube video explaining the central power of the world and how it controls and exploits you, just go back to the couch, tune back in to the Janis Dickenson Modeling Agency or ESPN, because it would certainly be a better use of your time. Ignorance is bliss (for at least a little while longer).
 
im not sure what the problem with this is, i mean there giving non existant money . So what, and which part has the shit about 9/11?
 
They start talking about the problems involved in this system in minute 3 of part 3.

I don't believe they don't talk about 911 at all in this video, one of the references had information about it, and backflip wanted to use that as a reason to discredit the unrelated content presented in this video.
 
Questions raised in part 4:

"So the first question is… why do governments choose to borrow money from private banks at interest when government could create all the interest free money it needs itself?

And the second big question is: why create money as debt at all? Why not create money that circulates permanently and doesn’t have to be perpetually re-borrowed at interest in order to exist?

The third question is: How can a money system that can only function with perpetually accelerating growth be used to build a sustainable economy? Isn’t it logical that perpetually accelerating growth and sustainability are incompatible?

And finally: What is it about our current system that makes it totally dependent on perpetual growth? What needs to be changed to allow the creation of a sustainable economy?"

For the current system to continue, debt must continue to increase according to the exponential function. It can never be collectively paid off because more debt must be created to finance the interest on the original debt. The system will eventually crash, and the banks will collect all the real value of the world in our collective bankrupcy. We are indentured servants.

“Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal—that there is no human relation between master and slave.” —Leo Tolstoy



“I am afraid that the ordinary citizen will not like to be told that banks can and do create money

...And they who control the credit of the nation direct the policy of Governments and hold in the hollow of their hands the destiny of the people”

~Reginald McKenna, past Chairman of the Board, Midlands Bank of England

“The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented.

Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough money to buy it back again...

Take this great power away from them and all great fortunes like mine will disappear, and they ought to disappear, for then this would be a better and happier world to live in. But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit’.”

~Sir Josiah Stamp Director, Bank of England 1928-1941

(reputed to be the 2nd richest man in Britain at the time)
 
If you watch these videos you will also understand why Ron Paul's goal to eliminate the Federal Reserve is so important (and also why it is so unlikely to happen unless people wake the fuck up and take back what is theirs.)
 
I honestly can't wait for you americans to get your election over with so Ron can lose and fade away into the political backbench, I hate going through documentarys and columns online that end with "what Ron Paul will do."
 
Firstly, the video mentions nothing about Ron Paul, that is my own connection.

Secondly, if you believe that the results of the American presidential race will not affect you, you are severely misinformed. What country do you live in?

You're right, we concerned Americans should just go elect a Bush clone and let him go economically and militarily rape your home nation for the benefit of the multinational corporations that we have effectively become mercinaries for.

...and although its a longshot, I wouldn't count him out yet.

He just won 2nd place in Nevada.

Now back to the topic at hand?
 
We don't even do anything in this country anymore besides flipping burgers and tossing financial paper at eachother.

This fractional reserve banking system tumbles, and America has no significant industry to fall back on because we have already outsourced it.

There are big problems in the finance industy showing up, on a scale you probably cannot understand.

Basically there is $100 trillion dollars in debt that is "insured" by entities that are being shown to not have the assets to cover a default scenario. The risk involved on these debts skyrockets, and hence the value plummets. It all depends on if the monoline insurance entities are actually solvent or not. Its not looking good.

I'm seriously considering shorting the market and holding long. If this scenario plays out there isn't going to be a quick rebound.
 
Firstly please don't put words in my mouth.

Second I live in Canada and I know that your election is almost as important as our own.

Thirdly Ron Paul has such revolutionary ideas that i'm sure that even he doesn't know how to implement them without fucking up the economy.

You're right, you should elect a nutcase to run your country, the one you have now is working so damn well.
 
Grow out of your add and watch the videos, The video explains the answer to your next question. How lazy are you that you can't spend 50 minutes watching a doco?
 
Yea, a commodity backed currency is so fucking revolutionary, I don't think anyone in the world has ever seen or heard of such a thing, let alone know how to implement it. ...Yup, a government not borrowing its money from a private cartel is rediculous. Yea, bankers collecting tribute on $100,000 for ever $1000 they have makes perfect sense. Also, our economy will continue to grow according to the exponential function until forever. Obviously Ron Paul is a nutcase for not recognizing the truth of my previous statements, and is so similar to Bush that, as president, he is destined to follow right in his footsteps.

You are out of your league.

Come back and talk to me after you educate yourself

...or STFU.
 
I love how the only resistance against the movie is not laid against the content of the video, but because .gov and .edu websites are not pushing this. I WONDER WHY?

You disagree with their analysis? Discuss.

I don't believe the possible solutions they presented toward the end are flawless, infact they brush off the idea of a commodity backed currency, while I think that it could work (not neccisarily gold though).

But their analysis of the nature of the modern banking system and the problems inherit within are right on.
 
And you know this how?

As I recall last time we had a "discussion", you had a very difficult time finding any concrete analysis or data to base your (or rather, what some backwater YouTube site tells you) conclusions off of. As I also recall, when you actually managed to get a decent source, you couldn't properly interpret the data that was available.

You're a bright kid, but you need to understand how the proper process of research works. I think it's safe to say that you're either still in high school, or have received a grossly sub par college education.

You need to calm down and keep it under your hat, or at least until someone that actually has a background in banking or economics supports a similar stance.
 
wow. now, im not great with politics but it seems like its in favor of the upper classes. like they make money off of your debt is crazy. or how they started out with $1111.12 dollars and the real money fake money ratio allows them to give some one fake money, and they get richer. huh...
 
I will ignore your ad hominem in an attempt to keep the discussion on track. In any case..

Do you really want me to independently verify every claim that this moive has made? I would prefer that you point out specific issues you have....

Do you doubt that a bank can collect interest on 100 times their initial capital?

Do you doubt that our current economy is dependant on debt creation?

Do you doubt that interest + principle is increasing faster than principle?

Do you doubt the system is reliant on growth according to the exponential function?

Do you doubt that despite this the growth is limited by finite resources?

What is it that you refuse to acknowledge?

Yea it sucks that we're being exploited, but being in denial of the fact won't help you.

Economists are not directly trained to recognize inherent problems with the system. Economists are historically detached from the real world implications of their field. They are trained to manipulate and profit from the system in place.

However, there are plenty of economists that agree that our surrent system is inherently unsustainable for these and many other reasons, but they are not hired by institutions to research such claims.
 
When more than one person gives you the same "ad hominem" it's a pretty good hint you need a clue. Why is it so hard for people to understand that the burden of proof is on the person making the claim? The ball doesn't travel to the other end of the court until a sound and supported argument is made. It's just like the 9/11 conspiracy threads all over again.

You have fun, but I'm not going to play your game.

Peace.
 
I was actually refering to your ad hominem against me personally, not against the video's sources, and as far as I know, you're the only one who has attacked my ability to "research" in this thread (though I'm sure someone else will chime in at this point). Certainly me having not applied academic standards to a online ns discussion sometime in the past forever discredits my positions....lol.

On the burden of proof....I believe the agrument IS sound. If you disagree you should be prepared to present a counter agrument that the agrument is NOT sound, otherwise you just look silly for posting in this thread in the first place.

(However, I realize it is often difficult to logically agrue against a logical argument.)

Thanks for your contribution to the discussion?

 
Hes not a fucking economist how do you expect him to do that?

Oh wait a minute... neither are you

Shit OK remind me again who if at all in this thread IS a credible commentator on the subject of worldwide macroeconomics?...

Im honestly stumped...
 
Great, let's not even think about or discuss topics that we are not a paid field specialist in

...fuck, I'm not a mathmatician either, but I still know Calculus

....I'm not a physicist but I know enough to believe someone who tells me that it hurts to get hit by a bus (But how do I know? I haven't been hit by one yet...)

....I'm not a horticulturist, but I still know how to plant a garden and feed myself

But no, let's all be robots and only think about things we get paid to think about.
 
Most of these guys would know a thing or two on the subject, and now they are in this thread too:

(The ones toward the bottom are ones that were not included in the movie, for anyone who actually cares to think about this).

-----------------------------------------------------------

'Since I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the United States, in the Field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they better not speak above their breath when they speak in condemnation of it.'

-- Woodrow Wilson, The New Freedom (1913)

-------------------------------------------------------------

"Each and every time a bank makes a loan (or purchases securities), new bank credit is created � new deposits � brand new money."

Graham F. Towers, Director, Bank of Canada

-------------------------------------------------------------

"The process by which banks create money is so simple the mind is repelled."

John Kenneth Galbraith, Economist

-------------------------------------------------------------

"Permit me to issue and control the money of a nation, and I care not who makes its laws."

Mayer Amschel Rothschild, International Banker

-------------------------------------------------------------

"I am afraid that the ordinary citizen

will not like to be told that banks

can and do create money

...And they who control

the credit of the nation

direct the policy of Governments

and hold in the hollow of their hands

the destiny of the people"

Reginald McKenna,

past Chairman of the Board, Midlands Bank of England

-------------------------------------------------------------

�Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess.�

Irving Fisher, economist and author

-------------------------------------------------------------

�That is what our money system is. If there were no debts in our money system, there wouldn�t be any money.�

Marriner S. Eccles, Chairman and Governor of the Federal Reserve Board

-------------------------------------------------------------

"Everyone sub-consciously knows banks do not lend money. When you draw on your savings account, the bank doesn't tell you you can't do this because it has lent the money to somebody else."

Mark Mansfield

-------------------------------------------------------------

"If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible -- but there it is."

Robert Hemphill. Credit Manager, Federal Reserve Bank of Atlanta

-------------------------------------------------------------

�One thing to realize about our fractional reserve banking system is that, like a child�s game of musical chairs, as long as the music is playing, there are no losers.�

Andrew Gause, Monetary Historian

-------------------------------------------------------------

�The greatest shortcoming of the human race is our inability to understand the exponential function.�

Albert A. Bartlett, physicist

-------------------------------------------------------------

�Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.�

Kenneth Boulding, economist

-------------------------------------------------------------

�I have never yet had anyone who could, through the use of logic and reason, justify the Federal Government borrowing the use of its own money... I believe the time will come when people will demand that this be changed. I believe the time will come in this country when they will actually blame you and me and everyone else connected with the Congress for sitting idly by and permitting such an idiotic system to continue.�

Congressman Wright Patman

-------------------------------------------------------------

�Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal, that there is no human relation between master and slave.�

Leo (Lev)Tolstoy

-------------------------------------------------------------

�None are more enslaved than those who falsely believe they are free.�

Goethe

-------------------------------------------------------------

��The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented.

Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough money to buy it back again...

Take this great power away from them and all great fortunes like mine will disappear, and they ought to disappear, for then this would be a better and happier world to live in. But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit�.�

Sir Josiah Stamp Director, Bank of England 1928-1941

(reputed to be the 2nd richest man in Britain at the time)

Josiah Stamp

-------------------------------------------------------------

The inability of the Colonists to get power to issue their own money permanently out of the hands of George III and the international bankers was the PRIME reason for the revolutionary war."

Benjamin Franklin

-------------------------------------------------------------

Presidential Quotes on Banking

�I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world, no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.�

Woodrow Wilson

�All of the perplexities, confusion, and distress in America arises, not from the defects of the Constitution or Confederation, not from want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation.�

John Adams, Founding Father of the American Constitution

�Whoever controls the volume of money in our country is absolute master of all industry and commerce...and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.�

James A. Garfield, assassinated president of the United States

The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government�s greatest creative opportunity.�

Abraham Lincoln, assassinated president of the United States

-------------------------------------------------------------

"Once a nation parts with the control of its currency and credit, it matters not who makes the nations laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognised as its most sacred responsibility, all talk of the sovereignty of parliament and of democracy is idle and futile."

William Lyon Mackenzie King

-------------------------------------------------------------

"We are grateful to the Washington Post, the New York Times, Time magazine and other great

publications whose directors have attended our meetings and respected the promises of discretion

for almost forty years. It would have been impossible for us to develop our plan for the world if

we had been subject to the bright lights of publicity during those years. But, the world is now more

sophisticated and prepared to march towards a world-government. The supranational sovereignty

of an intellectual elite and world bankers is surely preferable to the National autodetermination

practiced in past centuries"

David Rockefeller in an address to a Trilateral Commission meeting in June of 1991

-------------------------------------------------------------

�Only the small secrets need to be protected.

The big ones are kept secret by public incredulity.�

Alternately quoted as:

"Only puny secrets need protection.

Big discoveries are protected by public incredulity."

Marshall McLuhan, media �guru�

-------------------------------------------------------------

Not in the Movie

Misc Quotes on Banking

-------------------------------------------------------------

'The world is governed by very different personages from what is imagined by those who are not behind the scenes.'

Benjamin Disraeli, first Prime Minister of England, in a novel he published in 1844 called Coningsby, the New Generation "

-------------------------------------------------------------

"Corporations have been enthroned. An era of corruption in high places will follow and the money power will endeavor to prolong its reign by working on the prejudices of the people . . until wealth is aggregated in a few hands . . . and the Republic is destroyed."

Abraham Lincoln

-------------------------------------------------------------

'The governments of the present day have to deal not merely with other governments, with emperors, kings and ministers, but also with the secret societies which have everywhere their unscrupulous agents, and can at the last moment upset all the governments plans. '

British Prime Minister Benjamin Disraeli, 1876

-------------------------------------------------------------

"In March, 1915, the J.P. Morgan interests, the steel, shipbuilding, and powder interest, and their subsidiary organizations, got together 12 men high up in the newspaper world and employed them to select the most influential newspapers in the United States and sufficient number of them to control generally the policy of the daily press....They found it was only necessary to purchase the control of 25 of the greatest papers. An agreement was reached; the policy of the papers was bought, to be paid for by the month; an editor was furnished for each paper to properly supervise and edit information regarding the questions of preparedness, militarism, financial policies, and other things of national and international nature considered vital to the interests of the purchasers."

U.S. Congressman Oscar Callaway, 1917

-------------------------------------------------------------

'The real menace of our republic is this invisible government which like a giant octopus sprawls its slimy length over city, state and nation. Like the octopus of real life, it operates under cover of a self created screen....At the head of this octopus are the Rockefeller Standard Oil interests and a small group of powerful banking houses generally referred to as international bankers. The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes. They practically control both political parties.'

New York City Mayor John F. Hylan, 1922

-------------------------------------------------------------

'From the days of Sparticus, Wieskhopf, Karl Marx, Trotsky, Rosa Luxemberg, and Emma Goldman, this world conspiracy has been steadily growing. This conspiracy played a definite recognizable role in the tragedy of the French revolution. It has been the mainspring of every subversive movement during the 19th century. And now at last this band of extraordinary personalities from the underworld of the great cities of Europe and America have gripped the Russian people by the hair of their head and have become the undisputed masters of that enormous empire.'

Winston Churchill, stated to the London Press, in 1922

-------------------------------------------------------------

'The government of the Western nations, whether monarchical or republican, had passed into the invisible hands of a plutocracy, international in power and grasp. It was, I venture to suggest, this semi-occult power which....pushed the mass of the American people into the cauldron of World War I.'

British military historian Major General J.F.C. Fuller, 1941

-------------------------------------------------------------

"For a long time I felt that FDR had developed many thoughts and ideas that were his own to benefit this country, the United States. But, he didn't. Most of his thoughts, his political ammunition, as it were, were carefully manufactured for him in advanced by the Council on Foreign Relations -- One World Money group. Brilliantly, with great gusto, like a fine piece of artillery, he exploded that prepared "ammunition" in the middle of an unsuspecting target, the American people, and thus paid off and returned his internationalist political support.

"The UN is but a long--range, international banking apparatus clearly set up for financial and economic profit by a small group of powerful One--World revolutionaries, hungry for profit and power.

"The depression was the calculated 'shearing' of the public by the World Money powers, triggered by the planned sudden shortage of supply of call money in the New York money market....The One World Government leaders and their ever close bankers have now acquired full control of the money and credit machinery of the U.S. via the creation of the privately owned Federal Reserve Bank."

Curtis Dall, FDR's son-in-law as quoted in his book, My Exploited Father-in-Law

-------------------------------------------------------------

'A definite factor in getting a lie believed is the size of the lie. The broad mass of the people, in the simplicity of their hearts, more easily fall victim to a big lie than to a small one.'

Adolf Hitler

-------------------------------------------------------------

'And it seems to me perfectly in the cards that there will be within the next generation or so a pharmacological method of making people love their servitude, and producing � a kind of painless concentration camp for entire societies, so that people will in fact have their liberties taken away from them but will rather enjoy it, because they will be distracted from any desire to rebel by propaganda, brainwashing, or brainwashing enhanced by pharmacological methods.'

Aldous Huxley, 1959

-------------------------------------------------------------

'I know the secret of making the average American believe anything I want him to. Just let me control television.... You put something on the television and it becomes reality. If the world outside the TV set contradicts the images, people start trying to change the world to make it like the TV set images.....'

Hal Becker, media 'expert' and management consultant, the Futures Group, in an interview in 1981

-------------------------------------------------------------

"Our job is to give people not what they want, but what we decide they ought to have."

Richard Salant, former President of CBS News

-------------------------------------------------------------

"The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements, arrived at in frequent private meetings and conferences. The apex of the system was the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the worlds' central banks which were themselves private corporations. The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups."

Tragedy and Hope: A History of The World in Our Time (Macmillan Company, 1966) Professor Carroll Quigley of Georgetown University, highly esteemed by his former student, former US President, Bill Clinton

-------------------------------------------------------------

"There is a small circle of men who control the world's finance. "Each member, before initiation, knows its religion to be reward for friends and extermination of enemies. Once a man is within the magic circle...punishment for disloyalty is sure and terrible, and in no corner of the Earth can he escape it, nor can any power on Earth protect him from it.

" The magic circle is "at the receiving end of the greatest information bureau in the world.""

Thomas Lawson, Everybody's Magazine "Frenzied Finance" 1904

-------------------------------------------------------------

"Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. Our minds are molded, our tastes are formed, our ideas suggested, largely by men we have never heard of."

Walter Bernays Propaganda 1928

-------------------------------------------------------------

" I think the subject which will be of most importance politically is mass psychology....Various results will soon be arrived at: that the influence of home is obstructive....although this science will be diligently studied, it will be rigidly confined to the governing class. The populace will not be allowed to know how its convictions were generated. When the technique has been perfected, every government that has been in charge of education for a generation will be able to control its subjects securely without the need of armies or policemen....Educational propaganda, with government help, could achieve this result in a generation. There are, however, two powerful forces opposed to such a policy: one is religion; the other is nationalism....A scientific world society cannot be stable unless there is a world government."

Bertrand Russell 1958

 
Alright then genious since we've gotten so far. Wish to propose an alternate economic model to competetive market economy moderated by the institution of the bank?

And have we forgotten that banks are businesses too and need to remain competetive and to keep your money safe. Is it seriosuly such a mystery to you that theres been no reform in this system? Its been the modern Keynesian macroeconomic theory thats kept us floating since after the depression.

So some people lose out. Thats why its called a competetive market. Right now its not me or anyone else with half a common sense seeking a good education and self-sustaining livlihood thats going down the drain.

Change comes with time. If it ain't broke don't fix it.

I don't even watch these trash videos.
 
If you would have watched the video instead of coming in here and shooting your mouth off without having any idea of the topic of discussion, you would know that THE VIDEO MENTIONS SERVERAL POSSIBLE SOLUTIONS.

Banks being competative in making money off people IS WHY WE ARE HAVING A MORGAGE CRISIS. Creative financial schemes that inflate their earnings while providing no benefit to society has fucked them!

It IS broke! We are on the verge of a financial collapse because of this bullshit. Have you looked at the market this weekend? EVERYONE WORLDWIDE IS LOSING

 
Hate to burst your doomsday bubble but the same thing happened in 1991.. oh and 1982... and many times before that... Its called recession and expansion, perfectly natural business cycle.

Economists have known the solution to this for years. Government wide fiscal policy to create spending incentives: tax cuts or increased government spending and bankwide monetary policy which keeps inflation in check by injecting money into the economy in various forms and lowering intrest rates. These policies steady the business cycle and help reverse the effect of recession when it INEVITABLY happens. Look i'm flustered here this is basic first year econimics you gotta realize that banks are not the enemy they exist in order to ASSIST the economy not benefit grossly or take advantage of it.

Ugh I'm done. Theres no common sense here anymore.
 
Please don't try to pass all of this off after you watched a video thats less than 1 hour long. You have no clue if this is real or not. Everything you have told off is based of 1 video. Your not an expert, you know nothing of how this really works. You can't interept any of this video, your just repeating what it told you. I'm not disagreeing or agreeing with any of your facts because I don't know much about banking or economics or anything like that because I've never studied it, just like you have never even thought about this stuff before you stumbled upon this video, go do some homework on the subject and then come back with more sources than some video you found. Your not a credible source
 
Let me tell you why we are so severely fucked this time. We are going into a recession, and we have a credit bubble.

For the first time in history, on Friday, a bond insurer has been downgraded. That means the bonds they insured are now worth 90% less on the market. They were the 2nd biggest bond insurer in the country. This has NEVER happened before. Other insurers are being reevaluated.

You think lowering interest rates keeps inflation in check?!? What do you think happens when interest rates go down? More people take out loans. More debt. More money in the economy. More devalueation of the dollar.
 
I didn't start researching economics yesterday, and the sum of my knowledge is far greater than this movie contains. Read the above post about bond insurance and the morgage crisis.

I've been in this game for a while now, and I'm currently making a shit ton of money off people like this guy who didn't know the extent of the problems we're facing in this credit cruch.

flash_video_placeholder.png
 
BILLIONAIRE investor George Soros said the world was facing the worst financial crisis since World War II and that the US was threatened with recession.

“The situation is much more serious than any other financial crisis since the end of World War Two,” Mr Soros was quoted as saying in an interview with the Austrian newspaper, Standard.

He said that politics had been guided by some basic misunderstandings over the past few years, stemming from something which he called “market fundamentalism” - the belief that financial markets tended to act as a balance.

“This is the wrong idea,” he said. “We really do have a serious financial crisis now.”


Asked whether he thought the US was headed for a recession, he said: “Yes, this is a threat in the United States.”

He added that he was surprised at how little understanding there had been on how recession was also a threat to Europe.

European shares fell nearly 6 per cent on Monday - their biggest one-day slide since the September 11, 2001 attacks in the US - as fears of a US recession and more write-downs in the financial sector sparked a broad-based sell-off.

http://www.news.com.au/adelaidenow/story/0,22606,23090323-913,00.html
 
In cases like these, it's best to look at economists reports, analyst reports, world bank, IMF etc..
 
yo icepointa why dont u chill bro if u think its true then go with it and dont worry about informing others. just be content...

you cant change peoples minds...
 
...The World Bank specializes in getting third world countries into more and more debt. You have to understand that these bankers do not have your own best interests at heart. Publiuc analysts lie to you so that they can make money off your mistakes.

Look what abraham lincoln said:

"The government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest.”

President, Abraham Lincoln

He ended up getting assasinated...The good ones never seem to live long enough to do anything about it.
 
Inevidable implosion:

"This is not the middle...the initial plunge has not really even begun...and the authorities are trying very hard to postpone that until late 2008. It currently takes US consumers requesting the commercial banks to manufacture 11 Billion dollars of new money/debt every day to sustain the world as you currently comprehend it...

But the current actions are evidence that 11 billion dollars a day of new money/debt is not enough...

Interest rates have been collapsing in the USA and the world for 25 years...They will have to continue to collapse forever to postpone forever the reaching of maximum potential and implosion of the USA and world system to oblivion...

Unfortunately yields can't collapse below zero

I buy a used car for $1000 and sell it to you for $3000 my yield is $2000

If I bought a used car for $1000 and could only get $900 my yield would be negative $100

or below zero...

What if I need $2000 per month to run my life...and again I buy a used car for $1000 and sell it to you for $3000 my yield is $2000...

Lets say I can only sell it for $1500? I need to sell 4 cars to obtain $2000

What if I can only sell it for $1001....Then I need to sell 2000 cars in a month...I need massive volume.

So then very low yield rates require massive volume to sustain them...

Lets say I'm a commercial bank...and I basically have an unlimited amount of money to lend out to consumers but they will only request me to manufacture money in significant quantities when rates collapse below 1% or below zero...

Below zero my yield is negative or zero profit...and below 1% requires massive volume and if there is not enough volume then there will also be zero profit.

That is what is going to take place...

Stage 1 is inflation of debt and the destruction of savings

Stage 2 is the deflation of debt and the destruction of equity

Stage 3 is the bankruptcy of the banks, collapse of the division of labor/economy, and the consolidation of power.

The beginning of stage two is called a recession...If you all can't escape...then you will collapse into a depression or enter stage 3.

After 63 years US consumers are maxed out...Their ability to refinance old debts at lower and lower rates is ending...I don't see how the USA or world can escape this recession...

From 1944 to 2000 or 56 years US consumers requested commercial banks to manufacture 25 Trillion dollars...from 2000 to 2008 or 8 years US consumers requested commercial banks to manufacture 25 Trillion dollars more.

To escape US consumers would need request commercial banks to manufacture 25 Trillion dollars in far less than 8 years...

At the average growth rate of the total money supply of the USA around 8% per year since 1944 US consumers would need to request another 25 Trillion dollars to be manufactured in the next 5 years. After that 2 to 3 years...Ultimately at some point nanoseconds...fractions of nanoseconds...



(exponential growth to infinity)

In 1944 the household debt to income ratio was below 50%...by the early 1970's it was around 55%...by 2000 it was 80%

Now it's around 120-130%.

Before 100% consumers are basically forced to request more and more money to be manufactured...Beyond 100% consumers are forced to request less and less money to be manufactured. So there really is no way for US consumers to request the required amount of new money needed to susatin the continued inflation greater than previous inflation of the USA and global system.

So then the USA will begin to inflate less than previous inflation.

or Deflate.

As far as I can tell it will still take years to get to any middle that we are headed to.

Deflation is yucky and everyone is going to fight it like all the other times...What they all don't know is that this recession is inescapeable but they will continue trying to until they all realize it's game over and give up...That process can easily take quite sometime.

Consumers request the 600 year old institution of compound interest banking to manufacture debt...called US dollars...

Debt backing debt...There is no way to ever pay it off and the debt supply must continually inflate by the required amount to overpower debt deflation...

The greater the debt supply inflates the greater the debt deflationary potential...

Eventually this ability to postpone the natural cleansing process reaches maximum potential...Where an infinte amount of debt inflation is required to overpower infinte debt deflationary potential...

There currently is enough debt deflationary potential built up over the past 60 years to annihilate existance as you currently are enjoying it like blowing out a candle...

Consumers have a finite ability to request commercial banks to request the required amount of debt inflation to overpower debt deflation...

Hyperinflation...Is the creation of monetary units outside of the commercial banking system to subsidize consumers ability to request commercial banks to manufacture debt...

Basically how the system is structured Consumers would have to receive emergency implosion prevention checks to expand their income to sustain consumption...The more you input the greater the input next time around...The space inbetween infusions get shorter and shorter or for ever greater amounts or both since at some point it becomes impossible to account...

The system operates so fast that by the time you figure out how much you need you need more than what you need...

Compound interest commercial banking is 99% accounting...Having the required amount of medium of exchange units at the right place at the right time...

At some point it becomes impossible technically and logistically to accomplish this...

The above is meaningless to most of you since you have invested almost no time into comprehending how the system functions...

You don't care where your income comes from or how it is created into existance...All you care about is getting your hands on it...

It is why fish can be caught...



And you have all been caught first by birth into the cherished delusion already in operation then with social engineering and peer pressure into accepting it...

You believe you are in a good system run badly, but it is a bad system run good unfortunately...Actually it's an evil system...100% doomed to inevitable implosion...Which the socially engineered drone collective is 100% oblivious of...Like buddy who wrote the article at the link...Until of course the logical conclusion of the compound interest equation is reached...


It is an open conspiracy... You are just ignorant of the part you play within it is all..."

 
The sky is falling, the sky is falling.....run

Nothing like another college know it all pontificating about the eminant demise of western civilization. Time to take off the tin foil hat and look around....life is pretty fucking good. Our nation is kicking ass with great jobs, oppurtunity, freedoms and the chance for any dumbfuck to become a success if they only work hard.

I have just closed on my second home...own my own business and have our cars paid for, and we still ski every powder day! Life is awsome over on my side of the fence, as it is for nearly all of my friends...

none of us have family money, we all found niches in this awsome market economy that allowed us to succeed.

The current state of affairs is just a bump in the road...look at past trends and you will see that these events will hit us for no more than 5 to 6% of a slow down. If you keep out of debt (I hope you did not max those student loans out) life will be fine. Go out and buy some homes NOW cause it is a good time to have money.

With 98% of our nations mortages being paid on time, we are doing pretty dam good...

Take your left wing bullshit doom and gloom somewhere else
 
Past trends? How far are you looking back? Less than one human lifetime?

Look back a little further and you'll see that the party doesn't last forever. Not for the same people anyways. Of course collapse won't happen in one day. Unless we are very unfortunate.

Hopefully the fed lets people feel a little pain now instead of propping it up again and making it worse down the road.

I hope you don't have variable rate mortgages on your homes!
 
Hope you nukka's parent's done went n diversified their bonds, fools

Wu Tang Financial keeps you strong when they droppin long
 
Watch this clip starting at minute 1:30. Ron Paul talks to Fed chairman Bernanke about credit "createing" capital from nothing, and the inflationary effects. They both understand how this system works, and they don't like eachother very much because of that. Ron Paul gets elected and Bernanke and his cronies get cut off.

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