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Money As Debt (1 of 5)



Uploaded by: compelled2283
Video Description:
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.


Tags for this video: as debt federal monetary money reserve system

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As to the Economic ... ( 1 month ago by EarthaKit2)
As to the Economic Collapse of Argentina, well, there's your answer. It happened to them, and they survived. Yeah, many died, but the majority survived.
THe problem is tghe World Bank. Didn't Argentina set up it's own bank?
Because Gold is ... ( 1 month ago by edingsteve1)
Because Gold is durable, scarce but not too rare and hard and beautiful! That's the main reason! Platinum for example is extremely durable and durable, but way too scarce to be used as currency. In the jail they use cigarettes as mean of exchanges. Money is just as tool of exchange, real wealth is in the product we get, not in money itself!
I don't get this. I ... ( 1 month ago by purenirvana)
I don't get this. I thought this part of the video was where the scam was (using deposits to create loans in the first place). Is the scam in fact the fractional reserve process itself (ie creating more and more loans from one deposit and therefore charging more interest on those loans and then getting more profit than charging interest on just one loan?
You're looking at ... ( 1 month ago by EarthaKit2)
You're looking at gold from the eyes of a "civilization" which isn't very civilized.
Tribals are never as greedy for gold, as Europeans (who inherited their currency value from the Sumerians-not to mention the 12 & 60 time counts).
Gold may be scarce, but the extracting of it poisons the environment permanently, since arsenic is used, after which nothing grows. And the runoff goes into rivers and into the ground. Eat the pollution, white man!
racist ( 1 month ago by tsdon656565656)
racist
Array ( 1 month ago by EarthaKit2)
Ha,hahahah.
Anyway, how can I be a racist if I am of 3 races, Indigeous of the "New World" - African and European. What is your premise for calling me a racist? It's a word whose shock value on people has worn out - it's passe - it's been overused, and no longer has the effect it used to have. And I don't
care what you call me. I reject it, the term "racist" and send the energy vibration of the word back to YOU!
I prefer using the ... ( 1 month ago by shitassedshitmaster)
I prefer using the word prejudiced
So true 1:12 people ... ( 1 month ago by AplG7Rocks)
So true 1:12 people make things more complicated than they are when all that's needed is common sense and an educated open mind.
I agree. Guys if ... ( 1 month ago by MelodicNightmare)
I agree. Guys if you want details on how this works, check out my vids on Modern Money Mechanics.
I am sure that some ... ( 1 month ago by omulki)
I am sure that some americ@ns comprehend this.
Three to five at least.
This is another ... ( 1 month ago by Irishboy61)
This is another scam. Why don't they teach about the FED? We are all up shits creek!
whoa ( 4 weeks ago by semconnection)
whoa
maybe 10 ( 3 weeks ago by zealousdesigner)
maybe 10
That IS the ... ( 3 weeks ago by zealousdesigner)
That IS the fractional reserve system. It's a fraudulent system that only has worked for 40-45% of the times it has been tried, and the only reason it worked is because the people were responsible and they paid off their debts, instead of being realized as irresponsible and refused the loan in the first place. It is the system that holds this country down..
I think I read on ... ( 3 weeks ago by purenirvana)
I think I read on here somewhere that banks can create as much money as we can borrow. I guess this is an accurate comment.
really good video. ... ( 3 weeks ago by justiakas)
really good video. as earth has limited resources, the financial system of today leads the mankind to self-destruction. i never realised that most of the money we use is generated by debt.
So what is a bank ... ( 2 weeks ago by purenirvana)
So what is a bank run then? I originally thought that the banks loaned out 90% of your deposit. However, I've since learned that all your deposit is in fact still there in the bank instead of it being loaned out and new money is created on top of that. Therefore, all depositors deposits are still safe as none of it has been loaned out. Can anyone help explain this?
This film scares ... ( 2 weeks ago by DonJohnSilver1)
This film scares the hell out of me! How can the Goverment say, they did not know what would happen? All this was known before! I dont trust my Bank any more from now!!
stop work , stop ... ( 1 week ago by philokiko)
stop work , stop pay tax , stop consumer and open a new bank
what you deposited ... ( 1 week ago by griffjam)
what you deposited was created from another's deposit and their's from another
A "run on the banks ... ( 1 week ago by nathanhouseman)
A "run on the banks" is where bank customers line up to withdraw their money and find out that the bank doesn't have it.
Every bank loan issued is NEWLY CREATED MONEY. They write them at a ratio of 9 to 1 against their own deposits with the central bank (the Fed) 1$ deposited by a commercial bank with the CENTRAL BANK gives them power to create 9$ in new money (loans) They also create loans against customer dep
osits at 90% $100 customer deposit, $90 additional new money created
This is why I use a ... ( 1 week ago by loqutor)
This is why I use a Credit Union instead of a Bank.
JEWISH BANKING ... ( 3 days ago by jradetzky)
JEWISH BANKING CONSPIRACY
Google Stormfront ( 1 day ago by stuka1488)
Google Stormfront



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