The monetary system is the biggest scam in the history of mankind

[conspirator]

A recommended documentary:
The capitalist conspiracy

http://www.youtube.com/watch?v=lqDXPPLCftg

[EST]

1. Would you like to share your thoughts?

Downloading videos and watching online stuff is not too ealy with dialup.

[conspirator]

3. I didn't post any comment because this documentary leaves no words to be said

It's the best on the subject. One could call it the conspiracy bible.
I thought everybody had broadband these days.
It explains how money printing and credit are in private hands.
"Federal Reserve" is a deceptive name, because it is not controlled by the state.

[pokercat999]

27. This is Amerika, our broadband coverage is behind

even the Baltic State of Estonia! Our government measures broadband availability by zip code and if even one household in the ZIP CODE receives broadband the zip code is listed as everyone receiving broadband. Please don't get me started...paying $70 per month for sub-par satellite reception oh yeah plus the $500 bucks or so for the equipment and installation.

[Mythsaje]

2. Personally I think it's revealed religion...

But this one runs a close second.

[kimmerspixelated]

4. I don't have dialup either-not yet,

but when I read your title, I immediately thought about the fact that the IRS-tax system is also a bag of baloney. There are supposed to be absolute legal ways out of paying income taxes, although it is a pain in the butt to do it. I think a lot of people would be totally surprised at the true origins of the money and credit systems AND the IRS!!!

[PBass]

8. There may be tax loopholes, but there is no substance to the claims that

paying taxes isn't based in legality. Paying taxes is legally mandated (sorry, having trouble writing a coherent sentence today).

Google 'debunking Libertarianism' or variations on those words for more specific information.

Yes, you do have to pay taxes.

[Jed Dilligan]

14. What if you use local currency for all your income

and purchases?

[TreasonousBastard]

5. I'm on dialup, too, and...

don't do videos about stuff I studied in college years ago. I read books and articles.

Anyway, anyone who has ever studied economics knows all monetary systems are inherently unstable. Perhaps you could give us a brief synopsis of any new revelations this particular rant may contain.

Paying particular attention to realistic alternatives, of course.

Would I be close if I guess there's something in there about a gold standard? Would I also be close if I guess there's no mention of how to avoid restricting economic growth and investment and squeezing the money supply with gold like the last time we were on that standard?

[EST]

6. Most .people have trouble grasping the notion that the only way

a complex economy can run is with a series of IOUs; trackable IOUs that represent some share of common effort and can be bartered-even when they are only numbers with a private institution guaranteeing them.

[conspirator]

11. Yes I agree to maintain our complex economy we need to have "gods" printing our money

and playing with our destiny.
These few families who buy governments and control the faith of nations are the ones who decided the war on Iraq, and they
will decide every war that will happen in the next decades too.
I don't say abolish the monetary system that support this complex economy, I say abolish the economy altogether.
Let's go back to self sufficient local economies and exchanges goods for goods, or goods for gold.

[conspirator]

10. So you only worry about economic growth and investment. Screw the wage slaves right?

How many of us benefit from the so called economic growth?
Sure with "economic growth" you can buy a new DVD player, maybe a new car, and a lot of stuff
that you really don't need. But you still cannot afford to buy a house or have free time.
They don't mention gold, only reducing government, decentralization and devise some sort of trackable currency.

[Telly Savalas]

21. So the DVD player is consumerist excess that we don't need

but YouTube is OK?

[TreasonousBastard]

28. But, the primary economic problem is...

allocating limited resources to satisfy the wants of the population.

So, here we have those "wage slaves," the point being that they have to have some work for those wages. Whether their wages are reasonable or not is another question down the road.

Every human born must be fed, housed, and clothed from the moment of its birth. That means for an expanding population we have to grow or make all thse things and find a way to allocate them, perhaps even fairly allocate them. We have to find work for this expanding population, or relegate them to being hunter-gatherers on a planet of rapidly decreasing things to hunt or gather.

So, yes economic expansion is absolutely necessary to prevent the starvation of massive numbers of the population, and a monetary system is necessary for that expansion.

Perhaps that is not the plan for an ideal world, but it has been the plan for this one for at least 15,000 years of known history.

[conspirator]

31. Will we be able to expand forever and forever? Is the earth unlimited? n/t

[JanMichael]

35. To some people yes they think that which is I believe highly...

...destructive and selfish.

[TreasonousBastard]

36. Of course it isn't, and a lot of people are saying Malthus...

was right after all.

Problem is, what are the options?

Reducing the human population is a no-brainer, but just how do we do that, and without skewing the population even more toward the elderly? The Chinese are the only ones seriously addressing the problem with their one child rule, but that isn't working as well as they'd hoped.

The Green Revolution made a fool out of Malthus when agriculture took great strides and we were able to feed many more. Then, medicine took off and we were able to better heal, extend life expectancy, and reduce infant mortality. Curiously, technology took off right about then, and we were able to employ and entertain all these people.

So, now we are at the brink of exhausting Earth's resources. We know the problem, we just don't have the answer.

[wuushew]

39. Socialism

the ratio of working to non-working is not as important as the total amount of money and resources available in any given society. Until the vast wealth of the corporations, the rich and churches is gone I am not going to worry about it.

Look at Japan, they have already reached the demographic transition and they in many ways have a better functioning society than we do. Money spent on medical care doesn't just evaporate. The expenditures ripple throughout the economy in form of nursing salaries, medical R&D and other services.

Capitalists fear the steady state future because the political control of wealth will be more problematic than in the easy times of economic expansion. Hopefully people will choose socialism over neo-feudalism.

[Joe Chi Minh]

7. Truly fascinating. Two points I would make though: The narrator's references

to religion as the target of the atheistic humanism these Masters of the Universe favour, seem to suggest, if only by omission, that his interest in religion is perhaps in terms of little, if anything, more than social control; invaluable as the latter has historically been, it becomes more and more clear, in forfending against the chaos and anomie created in recent decades by aggressive atheistic licence.

Also, there is Big Government and Big Government. All but the left-wing progressives in America evidently regard the welfare states of the Scandinavian countries, for example, as Big Government and wholly undesirable; when clearly the run-away Big Government of the unprincipled national pillagers of the right wing, with their own very exclusive form of Socialism are the nation's and the people's enemy.

Moreover, making government more local is a bad, bad idea. It's enough that we should have potential empire-builders in central government without outsourcing some of the pillaging of the tax-payers to local level. Devolving welfare-state assets, including taxation, to local government also inevitaby leads to inequalities between the public amenities available to the poorer communities and those available to the richer ones.

Otherwise, a great video clip. Thanks for the post.

[conspirator]

13. Making government local is bad idea? In that case the US shouldn't have become

independent from England. Wasn't the Queen government good enough for you? Why did you need a local government in the US?
Of course there are poor and rich regions, that's why things are centralized. Because the rich regions dominated militarily and economically the poor ones, which became dependent. That domination is not necessarily a good thing.

[Joe Chi Minh]

17. If you think you're better off in the your Republic than we are, or Canada

or Australia or New Zealand, with our constitutional monarchy - unless you have pots of money - wait till you get stricken with a serious illness. But in any case, I think comparing a virtual continent like the US with its own States and towns, both as satellites, the former of Britain and the latter of the whole country as a nation, is just foolish.

As for your your second point:

"Of course there are poor and rich regions, that's why things are centralized. Because the rich regions dominated militarily and economically the poor ones, which became dependent. That domination is not necessarily a good thing."

That is precisely the point I was making.

[Rick Myers]

9. Excellent!!! That is amaing...

I figure that must have been done around 1976, and every word rings true today!!!

[CK_John]

12. Money is just a concept. Just like an odometer in a car, when it gets too high, it rolls back to 0.

[blues90]

15. The film zeitgeist spells this out pretty well .

[IChing]

24. agreed

[BeHereNow]

26. What IChing said...I sent the link to my daughter

I want her and her friends to understand the world they are facing.
BHN

[Raskolnik]

16. Bigger than One Hour Martinizing?

Holy crap!

[BeHereNow]

18. NWO from the mouths of the elites-

Hey conspirator,
Thanks for posting that.
I think this is a good companion piece for it.
Hope you don't mind my tagging it to your thread.
http://www.youtube.com/watch?v=lkKbE9qCzQo&mode=related&search=

Are you, by chance, familiar with Antony Sutton's work?

BHN

[BeHereNow]

19. Link to "Trilaterals over Washington" by Antony Sutton

Contains a online link to the text.
A must read.
http://www.inteldaily.com/?c=171&a=1423

BHN

Site intro:
"The Trilateral Commission was founded in 1973 by New York banker David Rockefeller,
then Chairman of Chase Manhattan Bank, and Harvard University academic Zbignieuw Brzezinski,
later to become National Security Assistant to President Jimmy Carter.
What it is depends on one's viewpoint. According to the Trilateral Commission itself:
The Trilateral Commission was formed in 1973 by private citizens of
Western Europe, Japan and North America to foster closer cooperation
among these three regions on common problems. It seeks to improve public
understanding of such problems, to support proposals for handling them
jointly, and to nurture habits and practices
of working together among these regions.
However, in populist political circles the Trilateral Commission
is a transparent device to achieve New World Order, which sound
suspiciously like other dictatorial "World Orders." From this viewpoint Trilaterals
are enemies of freedom and intent on gaining a monopoly of world political
power for their own benefit."

[conspirator]

33. I didn't know about Sutton. thanks n/t

[BeHereNow]

38. Enjoy... with a stiff drink.

AS was labeled a conspiracy nut which basically means
he was too close to the truth.
Funny, how all he tried to warn us of is now coming to pass...
BHN

[Swamp Rat]

20. Obey

[BeHereNow]

22. You'll appreciate this Swampy...

http://www.youtube.com/watch?v=XB90Y_6mo5M

LOL!
BHN

[Swamp Rat]

29. LOL!

Sinister but cute. :D

[Lex]

23. Minutes and seconds and years are just a man-made construct too.

nt

[TheBaldyMan]

25. Can I have all your evil ca$h , I accept USD, Euros,Krugerrands & Sterling.

Don't be scammed any more - just let me take all that imaginary specie off your hands.

[LeftishBrit]

32. I'd like a share of the imaginary money too!!!

[Telly Savalas]

34. At the very least, donations to DU shouldn't be made with mandate currency

It would be much more convenient for everybody involved if we all went to Skinner's place and gave him a dozen eggs or mowed his lawn or something.

[Karenina]

30. Kick for Sunday viewing!

:kick:

[shance]

37. Interesting. Thanks.

n/t