Is Money at the root of our big economic and social problems? (From Enough is Enough)
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Find out more at http://www.positivemoney.org/ Taken from the documentary Enough is Enough - full documentary: https://www.youtube.com/watch?v=xQ-LYElvtEU -------------------------- SUBSCRIBE to Positive Money UK's videos: http://www.youtube.com/subscription_center?add_user=PositiveMoneyUK Like us on Facebook http://www.facebook.com/PositiveMoney Follow us on Twitter http://www.twitter.com/PositiveMoneyUK Follow us on Google+ http://www.positivemoney.org.uk/googleplus Positive Money is a not-for-profit research and campaign group. They work to raise awareness of the connections between our current monetary and banking system and the serious social, economic and ecological problems that face the UK and the world today. In particular they focus on the role of banks in creating the nation's money supply through the accounting process they use when they make loans - an aspect of banking which is poorly understood. Positive Money believe these fundamental flaws are at the root of - or a major contributor to - problems of poverty, excessive debt, growing inequality and environmental degradation. For more information, please visit: http://www.positivemoney.org/ Help us caption & translate this video! http://amara.org/v/F0Ut/
Comments
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What the banks are doing is acquiring more property, by buying promissory notes with counterfeit money. They give nothing of value and acquire promissory notes. Then in a foreclosure they get the house because the lawers "DARE" not argue the requirements for holder in due cause. The people are watching television and pay no attention to who creates their money.
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There is a way to end money and the manipulation to human consciousness. Making money better does help, but it is still not real freedom. A technonolgy driven world is real freedom. https://www.thevenusproject.com/ A book that tells us how. http://www.amazon.com/Compassionate-World-Karl-Gary/dp/1523991321/ref=sr_1_1?ie=UTF8&qid=1458439737&sr=8-1&keywords=the+compassionate+world+by+Karl+Gary
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the sollutions given at the end are so naive. "Democratic" controll by goverment, sure bro, keep dreamin.
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Fiat currency is a monumental fraud against the people, operated by monied private banking interests, sanctioned and supported by hopelessly indebted, complicit, deficit spending governments. Loan interest is little more than extortion used by those granted the power to create the loaned capital from thin air on those effectively forced to use it.
Also, positive money, a digital currency still under the control of the criminal banking cabal solves absolutely nothing. What needs to change to fix the broken money system is the removal of the power to create money from thin air granted to private interests. In digital terms that means an entirely free market independent currency such as bitcoin.
The problem is the governments of the world are little more than criminals, better dressed and better behaved than the drug cartels granted, but the essence of their existence is to run their empire, monopolise extortion, violence, power and control. They are just as terrified of independent democratic money as they are of independent democracy or independent rule of law. -
Money is not the root issue - land is.
Fix land and money will follow - tax land not labour and capital. -
Funny thing about the END THE FED guys, they dont take into account the commercial bank credit scam
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Funny thing about the END THE FED guys, they dont take into account the commercial bank credit scam
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Welcome back guys! Where have you been?
I wish this conversation was inserted into the Presidential election over here in the US.
While discussing socialized medicine is an important discussion, a more important discussion is socialized money as opposed to private money. -
Hey, - Positive money! - If this video is only 2 days old, why are some of the comments 1 year old..
Your campaign never ceases to baffle the shit out of me... What are you guys doing? -
Can someone explain me why if we all paid back our loans the system would collapse ? I don't get it
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What a stupid question hahahaha hahaa
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The Bank of England is privately owned and our government borrows from it and tells us we must pay Taxes back to those who kindly out the goodness of their reptilian black hearts loan it to us.
The game is up Taxation is Slavery and Austerity is Genocide. When enough people wake up to this scam we will have a revolution and string these bastards up. Every British government Minister since Heath in 1970 have committed TREASON and so has the Zionist Queen. Wake up British Army you are serving evil! -
Cash is produced by governments and central banks? Not in the USA. The American dollar is produced by a private enterprise.
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Carbon foot print? what has that fraud to do with this video. Just another way to rip us off as there has been no warming for 17 years
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pretty simple way to stop this. Don´t borrow money. Live within your means you greedy bastards.
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Wait, isn't only the Federal Reserve allowed to print money? I understand this concept of money being created essentially out of debt where if all the debt was paid back there would be no more money circulating (+ the interest still owed), but I don't really understand how exactly banks get this alleged power. Say I open up a bank and it grows to be as big as all the other guys (which would practically be impossible by this point, but you know, hypothetically), at what point do I get to loan out more money than what is currently in the bank supply?
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Also = more homeless people.. Yay!
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This is the most vague and cryptic pandering ever. There is no real plan, no actual initiatives, just the use of buzzwords that people without a grasp of economics will pick up on.
You do realize there are leverage requirements, correct? Banks are only allowed to be levered to a certain ratio. They cannot just lend endless amounts of money as this video suggests.
Also do you not understand how the credit markets work? If there was no system of lending money, there would be no businesses, no homes, no infrastructure, no nothing. The basic principle of lending is what allows the world to run.
Do you think cities just have a pile of money laying around when they want to build a bridge? No. They issue bonds to fund these project to benefit the public. Do you think the guy at the end of my street just had a pile of money to open up the pizza shop over there? No. He got a loan and he's using the profits from his business to pay back the lender.
I feel like you guys are children. -
Nice chemtrail at 0:06 There's always a few trillion just laying around for the continuous death sprayers.
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My understanding of one of the videos's message is that it is impossible for everybody to pay their debt because there is not enough money in existence to pay off everybodys's debt. Like, if the total amount of money in existence equalled $1,000,000.00, the total amount of debt in existence would total more, for example something like $1,500,000.00, and therefore it is impossible for everybody to pay their debt. Is this comprehension of the video correct? I also have a question regarding global economics. I assume that every country does not create their currency/money the same way the UK does, which I understand the UK's money is nearly solely created by private banks as interest bearing debt. So theoretically, could the UK citizens pay off all of their debt by acquiring the currencies of other countries and then converting them into the UK currency? Lastly, is the UK currency the euro or the pound sterling and are those two the same currency? I hope these questions make atleast a smidgen of sense! Lol! And thank you in advance for any replies!
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