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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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Comments for this video on YouTube
conspiracy theory ... ( 3 weeks ago by antwake)
conspiracy theory all the way!
What parts of this ... ( 3 weeks ago by GreatSport)
What parts of this movie are incorrect? Could someone please explain - simple saying so doesn't make it so. Thank you!
No, it's not, ... ( 3 weeks ago by tdk1234567890)
No, it's not, because it is all happening in front of our noses and you can check it all for yourself.
But I guess you never really use your brain independently? ;-)
"the human plan... ... ( 3 weeks ago by jeffcaldwell2)
"the human plan... please read if you want to better humanity" type it in on googl and read it, i have a plan to change the monetary system and im pretty sure it will work.
Ok benmc, so why is ... ( 3 weeks ago by wetalmorker)
Ok benmc, so why is it then that when your classmates wind up in journalism, they only tell half-truths? Are they just the stupid ones who don't get the baccalaureate degree? Stupid fuckin' economists you are, teaching each other pure bullshit! BTW, by the time you graduate, your education is useless, you know. Better start educating yourself! Now!
It's ok if you hate me, I don't care. Just stop believing in "fractional reserve banking", and I'll be happy. It's a good first step.
Here's what I wanna ... ( 3 weeks ago by wetalmorker)
Here's what I wanna know: Who is moderating this forum? Comments get deleted! We know who you work for, stupid. We only want to know more about you, so we can kill you, just like your handlers will do when they have no more use for you!
You have a small chance of redeeming yourselves, but the window is closing fast! Good Luck!
try reading The ... ( 3 weeks ago by mimartech)
try reading The Creature of Jekyll Island - G. Edward Griffin. Exposure of The fake criminal Fed Reserve was a key aspect of the Ron Paul campaign. BTW Jekyll Island was owned by JP Morgan - where the private "Federal Reserve" ponzi scheme was created. Sadly, despite a rich historical record - dumb Americans refuse to read, investigate and understand the Constitution - resorting to the now tried and true cop out known as "it's a conspiracy theory.
I also encourage ... ( 3 weeks ago by mimartech)
I also encourage all to check out the you tube series titled The Economic Collapse of Argentina. This economic implosion of a first world nation - is a snapshot of whats occurring today in America. Again, if one does not understand their history [like prior attempts by folks like JP Morgan and Prescott Bush in the 30's] to take over the US and model it after fascist Italy...Wow the Bush crew and JP Morgan are in the middle of todays economic implosion] we are destined for a repeat.
Excellent video; ... ( 3 weeks ago by Aetila)
Excellent video; well in line with what's going on around us! (Total Monetary Collapse)
Ron Paul and only a ... ( 3 weeks ago by Etrade79)
Ron Paul and only a few others have it right.
starting buying some GLD, good people.
I say, start ... ( 2 weeks ago by NinZine)
I say, start getting self sustained. :)
Beautifully fucking ... ( 2 weeks ago by epiphany55)
Beautifully fucking succinct eh?
guess what...the ... ( 1 week ago by basiclifej)
guess what...the first chairman of the Federal Reserve Bank of New York is Pierre Jay... memeber the secret society skull and bones!!!!!
This video leaves ... ( 1 week ago by exxxxxxxx)
This video leaves out some truths. Banks create demand deposits at will, sure, but when that money is actually 'spent' the money has to come from the banks own finite stock of central bank issued money. Dont believe everything in this video.
What do you mean by ... ( 1 week ago by chrispyt77)
What do you mean by 'spent'?
Do you mean - 'withdrawn from accounts'?
When people withdraw from their accounts en masse then the banks can't pay. That's the ridiclousness of the situtation. They don't actually have the money. It's a confidence game.
Array ( 1 week ago by chrispyt77)
Hear hear.
It's the most important book you'll ever read.
(that's if you care to stop being anally raped by your taxation vampire govt - if you're happy with long hours, no free time 'cept beer and ball on saturday bend over and take it, dummies)
But still, the vid ... ( 1 week ago by EarthaKit2)
But still, the vid doesn't answer the origin of why gold is used. After all, still used the metal could have been copper, or tin (even lighter to carry.
You have to connect the dots. It goes farther back in time, more than Medieval times or ROman times.
As to the Economic ... ( 1 week 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 week 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 week 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 week 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 ( 6 days ago by tsdon656565656)
racist
Array ( 6 days 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!
So true 1:12 people ... ( 4 days 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.



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