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I know that this blog is about making money with HYIPs, but have you ever wondered what the real nature of money is? I have been researching this subject on and off for quite a while now and I’ve learned a lot of information that honestly changed my entire world view. I’ve watched just about every video I could find on the internet dealing with this subject, read numerous books about economics, and in my journey came across this informative video that you see below. All I can say is that what you think about money will change after watching this video. I will post other videos as time goes on, but for now this is the first in a series of videos to come. A description of the video follows underneath it. Enjoy!
Paul Grignon’s 47-minute animated presentation of “Money as Debt” tells in very simple and effective graphic terms what money is and how it is being created. It is an entertaining way to get the message out. The Cowichan Citizens Coalition and its “Duncan Initiative” received high praise from those who previewed it. I recommend it as a painless but hard-hitting educational tool and encourage the widest distribution and use by all groups concerned with the present unsustainable monetary system in Canada and the United States
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Welcome in the real world Alan, scarrying isn’t it?
And the worst of it, it’s the fact that the end of this buble is coming, thanks to the bank hedge funds who abused of this advantage.
You remember 1929? When people were in panic, wanted their cash money from the banks? It could happen again, and again, the bank can’t cover our deposits so a lot of people will be ruined as the banks will be in bankruptcy.
The true US capitalism in action.
You can link this video to why E-gold is being so tightly watched and also why the Feds want to close this ingenious currency since it’s really backed by gold and not fiat currency.
That’s exactly right Jude, the Federal Reserve cannot just magically create gold ex nihilo as they do with the funny money known as “federal reserve notes” (aka greenbacks). Another reason is that banks just can’t earn interest from e-gold deposits, meaning they can’t inflate e-gold by the use of the fraudulent practice of fractional reserve banking.
Excellent video! Thanks!
I would say there are too many rich and powerful people that won’t let e-gold get very big without their hands in the pie.
For anyone who likes to read, The creature from jekyll island
http://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/0912986212
It’s really a sad fact that most people know nothing about money and more importantly, they don’t even want to know. That will only change when the whole system fails.
I had run across this article on the “liberty dollar” quite a while ago as a constitional alternate currency that big brother was trying to shut down.
http://www.americanfreepress.net/html/federal_reserve_fears_honest_c.html
By the way, it is a great video, Thanks.
great video, Thanks.