The Biggest Scam In History

Facebooktwittergoogle_plusredditpinterestlinkedinmail
This entry was posted in Business / Economics, Politics / World News. Bookmark the permalink.
  • jadan

    This is a fairly accurate description of the private banking system, but it is completely wrong about the nature of money. Money doesn’t have any “intrinsic value”, nor is it a “store of value”. Money is simply a measure of value and by our Constitution, it is the duty of Congress to regulate the value of money. The Congress enabled the biggest scam in history when it refused its duty to regulate the value of money and turned it over to a cabal of banksters. The video is also completely wrong about fiat money. It was fiat money that helped the colonies prosper when they had no gold or silver, and it was fiat money that won the Revolution. The Continental financed the Revolution. The British destroyed this currency through a massive counterfeiting operation that dumped boatloads of Continentals into the market. This is why the Congress is specifically directed to “provide for the punishment of counterfeiting…”

  • Me

    Wow, what a eye opener! Well presented in a simple yet detailed
    manner. For someone that has tried to read Modern Money Mechanics and
    tried to watch Money Masters, I must say this has been the best
    explanation yet. I am definitely sharing this..

  • gozounlimited

    Federal Income Tax on Personal Labor is Unconstitutional …. http://www.youtube.com/watch?v=OCPLOGftFuw

  • chasfa1122

    The creators of this video should stroll down the path toward understanding what money really is, how it is actually created, by whom it should be created, and why the current system does not serve public purpose and how it could be made to do so marked by Joseph Huber at sovereignmoney and by Mr. Zarlenga at the American Monetary Institute. The real truth and nothing but the truth is there to absorb. Give it a whirl.

  • waste

    @jadan they creators of this video still believe in the money as gold phanatasy, thats why even in the beginning you can see them say that the bond is actually stealing wealth from future generations, through higher taxation. because they believe that money has an intrinsic value.

    the biggest scam not of history but of the last 40 years where the monetarists ruled the earth, is when the state abolished its right to pay for its deficits by issuing currency and entered this whole debt business. So now the state issues debt which has interest which is bought by the banks by money they create out of thin air. So in reality by abolishing its right of sovereign credit and giving this right to the banks, the state goes into perpetual debt, for which debt must pay interest.

    The bothering fact for those gold loonies, is that after 1930 no one is so crazy as to go back to a golden rule. Not even the monetarists.

  • waste

    @jadan they creators of this video still believe in the money as gold phanatasy, thats why even in the beginning you can see them say that the bond is actually stealing wealth from future generations, through higher taxation. because they believe that money has an intrinsic value.

    the biggest scam not of history but of the last 40 years where the monetarists ruled the earth, is when the state abolished its right to pay for its deficits by issuing currency and entered this whole debt business. So now the state issues debt which has interest which is bought by the banks by money they create out of thin air. So in reality by abolishing its right of sovereign credit and giving this right to the banks, the state goes into perpetual debt, for which debt must pay interest.

    The bothering fact for those gold loonies, is that after 1930 no one is so crazy as to go back to a golden rule. Not even the monetarists.