THE HARD BRUTAL TRUTH!
The hard brutal truth is not always what we want to hear! But it needs to be said. All of our “forced on to the people” economic system is based on clean-cut DEBT, and without constantly continuing issuance of debt, the whole thing falls apart. The stinking system of ‘fractional reserve banking’ gives commercial banks anywhere in the world a license to literally create money out of thin air – and then charge interest on the money? they created. Fractional reserve banking is the cause of spiraling debt.
Of course all of this is just, paper debts and make-believe obligations. The money we all owed to the bankers by the government never existed in the first place. It’s just part of the stinking scam by which the bankers enslave the whole world, which is the real essence of banking; to hold nations and people perpetually in debt-servitude or indentured service, with the government bribed to not take action to ameliorate the situation!
“This is the very essence of the banking industry; to make us all, whether we be nations or individuals, slaves to debt!”
A biggest public campaign has started to abolish? fractional reserve system. Visit POSITIVE MONEY website and support the campaign.
And some people are really narrow-minded, as they buy the bullshit from their capitalist corrupt governments and actually believe that if socialism was introduced in the US or any other capitalistic controlled nation, it would mean less freedom or democracy? This is pure BULL! If the people REALLY owns the entire nation and all things belonging to it, where is the less freedom or democracy in that? Compared to that: a fat EGOISTIC Psychopath owns everything and you slave only for him?
The infernal stupid capitalism today has been forced on the people and depends upon waste and consumption and that people consuming up the resources of the world rather than using them responsibly. Goods are produced that are deliberately non-durable, non-mend able, non-up datable, with planned obsolescence – an appalling waste. The car industry alone wastes enormous amounts of raw materials. And we are all put in DEBT, so we have to work to be able to buy all useless Chinese plastic shit, forced upon us with the help of stupid commercials, running every five min, in the TV, Computer, Phone or Radio.
In this video, we focus on the essential views on money and banking system. Money as debt is presented in a fast paced and very entertaining way. Mixed with animated feature by artist & video-maker Paul Grignon. This video explains today’s magical perverse DEBT-money system in terms that are easy to understand.