Wednesday, 16 October 2013

The History of money or "The biggest scam in the history of mankind"

This is a good economics 101 lesson on the monetary system in the US and how we have a debt fuelled economy and why the debt ceiling must rise.

The interesting observation is the "stock owners" of the US federal reserve (whoever they may be....see previous post).

This is a 30 minute episode but for any non-economists out there it is interesting viewing.

There is a "gold and silver matters" issue so it is important to know where the presenter is coming from but there are also some great quotes.

We are all slaves to the bankers - aren't we?

Watch this and become "1 in a million" who, according to Keynes understands how banking works.

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