1. The definition of DEBT in this video is simplistic as if it is just the
same as personal debt. It's not.
2. Thomas Jefferson did not understand macroeconomics or the utility of
banks. His written words on this subject should not be taken seriously. A
national banks seemed to him more useful for New England than for Virginia.
He saw prosperity as a zero sum game so if New England benefited from a
well regulated banking system that must be at Virginia expense.
3. The only thing worse than a central bank is NO central bank.
"If the American people ever allow private banks to control the issue of
their currency, first by inflation, then by deflation, the banks and
corporations that will grow up around them will deprive the people of all
property until their children wake up homeless on the continent their
Fathers conquered…I believe that banking institutions are more dangerous
to our liberties than standing armies… The issuing power should be taken
from the banks and restored to the people, to whom it properly belongs."
~Thomas Jefferson
Congress overwhelmingly approved another 100 year charter for the federal
reserve, A private banking cartel that allowed the United States to go
bankrupt. The federal reserve was introduced in 1913 by deceit and fraud.
When 2013 comes rolling around be prepared for either, the main stream news
not reporting on the federal reserve or, reporting that the federal reserve
has been great, and efficient. We as citizens owe everything to the federal
reserve literally. Do not believe their lies. The international bankers
usurped everyone.
You might say interest creates a need for money printing to prevent
deflation… but I would say that if people stopped printing, eventually
the interest would fall to a low level on its own, creating a more secure
price level that might fall infinitismally slowly… A predictable price
level that reduces growth to a sustainable level and growth becomes
entirely driven by innovation.
Woodrow Wilson also wrote , in private to a friend " I have ruined my
country " . I have seen economic professors state that the FED is part of
the executive branch of government , and NOT a private cartel . Maybe they
are in denial , or maybe scared , or maybe lacking historical fact . I do
not know. Either way , I believe it may be time for a change ( I am tired
of kids going to school hungry ) . The Icelandic Solution anyone ?
@Forefatherrabbi this is very true, Thomas Jefferson said that a central
bank is horrible. i don't know the exact quote so sorry about not being
specific. but the federal reserve caused the Great Depression. you should
read "creature from Jekyll island." very good book.
So what we need to do is replace the Fed, replace the dollar with a new
dollar backed by gold, reset the system by voiding all internal debt, and
start new. If you are a banker or presently wealthy, you wouldn't like this
idea. People could be given a month or two to exchange their old dollars,
up to say $100,000, and we all could restart this game of poker with a more
or less even amount of chips.
I agree with the views on Fed and money printing, but please do not confuse
interest rates and money creation! A 5% interest rate lent to someone means
he pays back 105% yes, BUT that 5% is not created, it is merely removed
from the economy, which is deflationary. low interest too is deflationary,
but because more people borrow it appears to be inflationary, as more money
that would be in the bank is lent out.
Every single Chairman of the Federal Reserve has been from a very
privileged minority group that you can not mention. The fact that a
minority group that represents only 2% of the population of America has
headed the Privately owned Central Bank….should wake Americans up.
However, since the same minority that controls the FED also owns 95% of all
the media in America…you will never hear the true facts about the "Owners
of America". Americans are debt slaves on a human farm.
First off, I support ending the Fed and going to a gold standard 100%
reserve banking system. But whoever wrote this video, the Federal Reserve
does not "loan the money it prints at interest".
there is a rally against the federal reserve on November 22nd across the
nation at all the branches, spread the word and help end the fed. search
Facebook for "16 Trillion Dollar Secret Bailout. No Media. END the FED"
HOW THE HELL DO YOU GET RID OF THIS INSTITUTION WHEN EVERY KEY FIGURE IS ON
THE TAKE?
Less than 9 thousand views but people prefer to watch gangnam We are
doomed, screw the zionist mafia
1. The definition of DEBT in this video is simplistic as if it is just the
same as personal debt. It's not.
2. Thomas Jefferson did not understand macroeconomics or the utility of
banks. His written words on this subject should not be taken seriously. A
national banks seemed to him more useful for New England than for Virginia.
He saw prosperity as a zero sum game so if New England benefited from a
well regulated banking system that must be at Virginia expense.
3. The only thing worse than a central bank is NO central bank.
THE CONTRACT WAS FOR 100 YEARS……TIME IS UP….WHAT ARE THEY GONNA DO
NOW!………
"If the American people ever allow private banks to control the issue of
their currency, first by inflation, then by deflation, the banks and
corporations that will grow up around them will deprive the people of all
property until their children wake up homeless on the continent their
Fathers conquered…I believe that banking institutions are more dangerous
to our liberties than standing armies… The issuing power should be taken
from the banks and restored to the people, to whom it properly belongs."
~Thomas Jefferson
Congress overwhelmingly approved another 100 year charter for the federal
reserve, A private banking cartel that allowed the United States to go
bankrupt. The federal reserve was introduced in 1913 by deceit and fraud.
When 2013 comes rolling around be prepared for either, the main stream news
not reporting on the federal reserve or, reporting that the federal reserve
has been great, and efficient. We as citizens owe everything to the federal
reserve literally. Do not believe their lies. The international bankers
usurped everyone.
This makes me very angry
#federalreserve #centralbanking #usdollar #goldstandard
what is it that you're having trouble with?
Not sure if true, now i must look up
Makes sense, but please explain canada's central bank.
It's all about "usury"; money loaned at interest. This is a wrong system.
FUCK Fed Reserve, END CENTRAL BANKING
I just lobe the fact that I've got an advert fora credit card under this
video!
And you would have to be an idiot to believe everything people post in the
Youtube comments too.
You might say interest creates a need for money printing to prevent
deflation… but I would say that if people stopped printing, eventually
the interest would fall to a low level on its own, creating a more secure
price level that might fall infinitismally slowly… A predictable price
level that reduces growth to a sustainable level and growth becomes
entirely driven by innovation.
Woodrow Wilson also wrote , in private to a friend " I have ruined my
country " . I have seen economic professors state that the FED is part of
the executive branch of government , and NOT a private cartel . Maybe they
are in denial , or maybe scared , or maybe lacking historical fact . I do
not know. Either way , I believe it may be time for a change ( I am tired
of kids going to school hungry ) . The Icelandic Solution anyone ?
@Forefatherrabbi this is very true, Thomas Jefferson said that a central
bank is horrible. i don't know the exact quote so sorry about not being
specific. but the federal reserve caused the Great Depression. you should
read "creature from Jekyll island." very good book.
The truth hurts!!
Although Jews play a major role in the worldwide oligarchy, there is no
proof that J.P. Morgan or Rockefeller were Jews or crypto Jews…
So what we need to do is replace the Fed, replace the dollar with a new
dollar backed by gold, reset the system by voiding all internal debt, and
start new. If you are a banker or presently wealthy, you wouldn't like this
idea. People could be given a month or two to exchange their old dollars,
up to say $100,000, and we all could restart this game of poker with a more
or less even amount of chips.
How can I find out the were run prior to fractioanl reserve banking?
I agree with the views on Fed and money printing, but please do not confuse
interest rates and money creation! A 5% interest rate lent to someone means
he pays back 105% yes, BUT that 5% is not created, it is merely removed
from the economy, which is deflationary. low interest too is deflationary,
but because more people borrow it appears to be inflationary, as more money
that would be in the bank is lent out.
Every single Chairman of the Federal Reserve has been from a very
privileged minority group that you can not mention. The fact that a
minority group that represents only 2% of the population of America has
headed the Privately owned Central Bank….should wake Americans up.
However, since the same minority that controls the FED also owns 95% of all
the media in America…you will never hear the true facts about the "Owners
of America". Americans are debt slaves on a human farm.
First off, I support ending the Fed and going to a gold standard 100%
reserve banking system. But whoever wrote this video, the Federal Reserve
does not "loan the money it prints at interest".
if our founding fathers even Lincoln was against the banks then I'm against
them too
there is a rally against the federal reserve on November 22nd across the
nation at all the branches, spread the word and help end the fed. search
Facebook for "16 Trillion Dollar Secret Bailout. No Media. END the FED"
4:00 The four families mentioned are All JEWISH. They now own the Federal
Reserve. ExposingChristianity,com
1907 False Flag!
the conspiracy is that the fed loans money. do your research before you
believe what you hear!
you really have to be an idiot to believe the misinformation in this video