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hhaassaann134 (November 30, 1999 at 12:00 am)
i hope this does not imply that in the end the stakeholders, i.e.the people can only repay private banks in gold
briandrews15 (November 30, 1999 at 12:00 am)
Technically you could argue the national debt is a good thing. So long as people&governments take loans they can afford to make payments, we get to spend much more than we currently have.
Eventually it all comes down though because of interest. The money supply is the principal on the nations total loans, principal+interest are owed back. This is why foreclosures and defaults and poor pockets of society are inevitable.
We depend on credit.
briandrews15 (November 30, 1999 at 12:00 am)
you're wrong about one thing.
If everyone (including the government) paid off their debts, there wouldn't be any money left at all. All money comes from banks monetizing loans upon their conception and when it gets paid back it cancels out and they are left with the interest as profit. Deposits can typically be lent out times 10 their amount creating more new money.
ConcernedCitizen9 (November 30, 1999 at 12:00 am)
A very typical response, and I appreciate it.
I have cited evidence for my theory. Care to expand yourself?
We need more of this
vinivillam (November 30, 1999 at 12:00 am)
What a rubbish video. To say that all tax we goes to paying back debt is complete nonsense. Its meant to mislead.
leonvoltaire (November 30, 1999 at 12:00 am)
Ok, i have tupelo and here is where my research has ended:
The Rothschilds and the Rockefellers
They are Knights of Malta and GERMANS{originaly}WORKING FOR THE VATICAN!
Where has your great research led to?
SwampShuck (November 30, 1999 at 12:00 am)
I would be interested in seeing your detailed rebuttal. Thank you
zupf (November 30, 1999 at 12:00 am)
Let's see your rebuttal video. I'll watch it.
Tupelo781 (November 30, 1999 at 12:00 am)
This presentation is factually incorrect, alarmist, and misleading. The video is a waste of time from the viewpoint of an audience educated in banking & economics. Do your own homework. YouTube is great for fun videos, but is a bad place to seek the "truth" about our system.
libraStrong (November 30, 1999 at 12:00 am)
If we want change we have to make change, the government was made by us for us. We need to run the CFR out of our country!!! It has corrupted our government and what America stands for. We need to let go and let GOD!! Let go of Hate, let go of FIAT currency, stay out of CFR ran courts. If we stop the CFR cannot continue, that is why they are giving you FIAT currency in May. When asked what do we want we say Accountability. There is no statue of limitation on Human Rights violations. |
