Well here it is the grand finale (ok, more of a wrap up really) of Money as Debt.

I found it most informative and easy to understand and hope you have also.

If you have not seen the other videos in this series them Click the link to see Money as Debt Episode 1.

Well here we are, only a few days before the end of the year, how will you spend your last few days?

Anyway here is Money as Debt part 4 of 5. We are almost at the end of the videos and my blogs about them.

In this video we will find out what usury is and why it was frowned upon. Also the author also suggests his ideas on how to fix the system. These ideas sound great but (maybe I’m just cynical) I find it hard to believe that people would trust the government that much or that those who govern could be trusted… “Absolute power corrupts absolutely”.

Would love to hear your thoughts on it.

Enjoy

Money as debt here it is, the third instalment.

I found this episode to be rather negative and not giving any grounds for creating money any other way than through debt. But it is still very educational and gives a good understanding of our money system and asks some provocative questions.

In this video you will learn –

1. What would happen to our economy if all debt was paid off?
2.How it is that the people who create the real wealth in the world are in debt to the bankers.
3. Where we get the money to pay of the interest that is created by our loan?

Watch this video closely and you will see that our current government are making headlines by doing some of these things.

Are we really headed for a meltdown, can the government spent and borrow its way out? Should we be scared, worried or see it as and opportunity?

It’s our choice.

Lyndon

Money as Debt Episode 2 is now here as promised. I got some great feedback on the last one and thought I would share some of it with you…

The money as debt is a good easy to understand way to explain monetary policy. Bit more interesting than some of my textbooks; though hardly comprehensive and seems to give it such a negative slant. Cam

The slant may be negative… But is it true and what’s the positive side? I would love to hear your thoughts.

In this video you will find out…

1. How the bank can take $1111.12 and conjure up around $100,000.00 to charge you and I interest on.
2. What the Fractional Reserve Requirement is.
3. Do the banks really use deposited money as loan money like people think?
4. How banks lend money they do not have.

Here’s Money as Debt Episode 2

Stay tuned for episode 3 of Money as Debt next Monday.

Money as Debt By Paul Grignon is the name of a video a friend of mine sent me the other day. It was forty-seven minutes long so it took me a while to get around to watching it but when I did, it was really worth taking the time out to view.

The video is an animated presentation how our banking system came to be and how it evolved into the huge money making business it is today. Also explaining what money is and how it is created. It truly is eye opening to find out how the banks create money from nothing (then charge us exorbitant fees,) now that the International Gold Standard has been removed.

Now, knowing you are busy and taking that much time out of your day is a big chunk, so I have done you a favor.

This is the first of 5 blogs that will contain this video broken up into bite size pieces of less than 10 mins each. You will be able to view a new episode every Monday for the next 5 weeks.

Weather you agree with how the banks do this or you think it just one big conspiracy; it is an eye opening video. Click the play button below and enjoy the story of the Goldsmith.

It’s a bit slow to start so persist with it for a moment.

Money as Debt episode 1

Keep an eye out next monday for the next episode of Money as Debt.