This clip is taken from the awesome video called The Money Masters. Please view the entire video on google to understand what is going on monetarily. You can also purchase the DVD from www.themoneymasters.com which I wholeheartedly recommend. I chose this clip to show Ron Paul supporters how to fix the monetary system. We can not go on the gold standard again because we no longer have gold. The Money Masters DVD has now been shipped to all US Senators, Congressmen, Supreme Court Justices and Cabinet-level Executive branch officials, including a copy of the Monetary Reform Act (575 copies in all). If you would like to read the Monetary Reform Act, please visit the above site. Let’s all follow up on our representatives to make sure they have viewed it, and ask why they have not supported Ron Paul yet.
Debt Amount Settlement
Find ways to relief debt and settle for less!
17-Apr-2010
How to Abolish the Federal Reserve
Category : Debt Free
‘The Money Masters” is amazing.
@TheRogueMonk thank you.
We need to create a monetary system that is backed by the products it is used to create interest free. Such as you build a house for 100000. The 100000 includes labor and material. The house can not be replaced until it is paid for. Say it is built to last 100 yrs. The home then is paid for at 83. 33 a month for 1200 months. When it is paid off the money can then be reloaned to build a new one. If you eat an apple it must be replaced and so on.
@TheRogueMonk Please read the info at the top. Thanks for watching!
where is hte rest of the video?
Ron Paul seemed to know more than people gave him credit for. The Fed will strip America till none can see daylight through the debt. Obama is just speeding up the process.
Why not make the money supply in gold and silver plus other metals ONLY? This way we don’t have to depend on the government should they decide to go on a power trip like the Federal Reserve has shown us. Competing privately minted metal coinage is the only way to ensure our rights are not stolen from us. CASH IS TRASH because cash is just a promise and holds NO INHERENT VALUE! What if America gets taken over by war? Then our cash we hold becomes WORTHLESS!
@Totallegacy SORRY ABOUT THE DUPLICATES _ Still learning. . :,)
@Totallegacy
Like the dog wimpering on the porch. Why? Cause he’s sitting on a sharp nail. Then why don’t he move? Cause, it don’t hurt that bad!!!! It’s much easier to BLOG, BLOG, BLOG (BLAB, BLAB, BLAB) about it and feel I have done my part then to acutally STAND UP and make my beliefs and actions known. I am one of the SILENT MAJORITY.
@Totallegacy
I heard once, WAKE UP! AMERICA! BTW: Whose got the gonads to stand up and lead us timid ones to seeing this in reality? Not ME! I ashamed to say (this is honesty).
I heard once, WAKE UP! AMERICA! BTW: Whose got the gonads to stand up and lead us timid ones to seeing this in reality? Not ME! I ashamed to say (this is honesty).
Like the dog wimpering on the porch. Why? Cause he’s sitting on a sharp nail. Then why don’t he move? Cause, it don’t hurt that bad!!!! It’s much easier to BLOG, BLOG, BLOG (BLAB, BLAB, BLAB) about it and feel I have done my part then to acutally STAND UP and make my beliefs and actions known. I am one of the SILENT MAJORITY.
I heard once, WAKE UP! AMERICA! BTW: Whose got the gonads to stand up and lead us timid ones to seeing this in reality? Not ME! I ashamed to say (this is honesty).
Like the dog wimpering on the porch. Why? Cause he’s sitting on a sharp nail. Then why don’t he move? Cause, it don’t hurt that bad!!!! It’s much easier to BLOG, BLOG, BLOG (BLAB, BLAB, BLAB) about it and feel I have done my part then to acutally STAND UP and make my beliefs and actions known. I am one of the SILENT MAJORITY.
So. . , Lincoln was assassinated. Is this guy still alive? We are a Sovereign Nation, Aren’t we? We should print our own notes not borrow from our Grandchildren’s Children. Enforcement is a combination of , as stated participants’ faith and the US strength of presence in the world.
A debt-free money system can be one of two things: hyperinflation or a rationed money system
“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. ”
Thomas Jefferson
Another thing, who knows how much gold the U. S. has? The FED may have sold it all off, for all we know. Fort Knox has never been audited. Maybe that’s the real reason Nixon got us off the gold standard–we don’t have the gold reserves. And there’s a LOT of phony gold in the world–on paper, not in reality. If you’ve got paper gold, you should be doing all you can to get it converted to physical gold. Paper gold is full of fraud just like Fractional Reserve Lending. Racketeering rules the world.
Obama and Bernanke are obviously trying all they can to create inflation in order to reduce the national debt–at the expense of the middle class, basically. The middle class in America is basically toast.
Look up Hyman Minsky and learn about the Boom, Bust Cycle, or watch the three part video titled “Steve Keen on debt and the economy. ” I’ve also got it among the videos I’ve favorited. Click on my name to go to my channel and click on “see all” under the favorites. It’s there also, along with some other good stuff worth watching.
No, printing dollars out of thin air in the trillions will lead to inflation, probably after the dollar collapses. The value of the dollar has fallen 99% since the creation of the FED. The present scenario is not inflation, at least, not yet, except in some areas of the economy–fuel for instance. We are now in a deflationary period. The banks were given the reserves but are not lending, and lendees are not asking for more debt. Obama is pushing the banks to lend, but nobody wants the debt.
The Fractional Reserve Lending system has become much worse that 10 to 1. It’s gone upwards of 50 to 1, and after Greenspan allowed “sweeps” into the banking system, reserves have basically become a fairy tale altogether.
Supposedly, the government gets a rebate on the interest payed to the Fed minus the Fed’s costs of operation. The real danger in the Fed is its secrecy. We have no idea what it is doing with our credit and who it is helping out and what kinds of insider deals are going on. It’s a racket. The Fed has to be shut down, plain and simple. No equivocations, no trying to make it work. JUST SHUT THE D%#N THING DOWN!
Ron Paul does not want to go back to the gold standard. He wants competing currencies backed by an assortment of commodities. The guy’s been at this for thirty, forty years. He’s heard all the arguments. He’s not going to slip on such obvious pitfalls.
i had a chance to listen to whole video but i heard some criticism in that just printing notes would be inflationary. The other thing is that as the reserves requirements go up what would the banks charge?
we are dealing with ivy league people here. they use their intelligence find new ways to keep the country in debt. wars, disasters and so on. the people have no representation in either the US treasury or the Federal reserve. . . concerned citizens should be allowed to question and review data
if there is no way to change the fed then i have to agree. . . abolishing the fed is the only way left. Ivy league staff are only good if they use their intelligence to reveal the true facts and work to improve financial conditions; when they do otherwise it is to the detriment of the country as a whole. When the President gets taken for a ride the whole country gets taken
Why are people blindy marching towards Ron Paul,Because you have seen a video or 2 saying hes for monetary reform?Well have you ever stopped to think that there is limited gold and silver in the world. What the people need is to rid corrupt political figures from every government. And I’m talking almost everyone currently in government, look into their bloodlines and you will be amazed. Most presidential candidates are BLOOD related, or have some affiliation with their bloodline through marriage