Bailouts, stimulus packages, debt piled upon debt, where will it all end?
How did we get into a situation where there has never been more material wealth & productivity and yet everyone is in debt to bankers?
And now, all of a sudden, the bankers have no money and we the taxpayers, have to rescue them by going even further into debt!
Money as Debt II Explores the baffling, fraudulent and destructive arithmetic of the money system that holds us hostage to a forever growing DEBT...and how w might evolve beyond it into a new era.
Tags:
federal reserve ron paul peter schiff alex jones economy hyperinflation inflation obama bush geithner bernanke greenspan campaign for liberty cnn fox news wall street stock market marc faber max keiser jim rogers cia wayne madsen new world order conspiracy depression recession bailout stimulus msnbc cnbc bloomberg russia today rand paul kudlow lou dobbs glenn beck olbermann maddow swine flu michael jackson
why did you post this movie
ReplyDeleteit's all a bunch of "incorrect information"
agreed. This video is not congruent with Austrian economics at all.
ReplyDeleteAmazing there are so many people who lost jobs and their pensions. Yet the stimuls money has been used. The city of NY agency responsible for paying all NYC employees is called "Office of Payroll Administration". I know for a FACT that they have had a problem finding other people during the mid 1990's to inform them about money they were to receive and consequently because they could not be found, the money went back in part to the city of NY. This money was the result of class action lawsuit Doctors Council vs/NYCERS and was FICA refund for those who overpaid into social security and medicare during the years of 1987-1991. With over 1000 people including myself who never got their money because OPA could not find them, I would like to hear from anyone who did not get their money. musician1_artist2@yahoo.com
ReplyDeleteI bow to you Paul Grignon, what a superb educational tool both this and Money as Debt 1 (MaD1) and how well you demonstrate what hopeless, hopeless economic & monetary systems most countries have and how same MUST be discarded if this planet is to have any viable social or ecological future for us human beings.
ReplyDeleteTonyH