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Zietgeist Addendum: The money supply

by Phnx
1 replies
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This one concentrates on fractional reserve banking and why it's designed to fail (the bankers still win). Concentrates on the Fed but it applies equally to all Western banking systems that use fractional reserve. Starts getting into it around the 5 minute mark.

If you wanna know what they'll be doing with your $700 billion (really trillion) it makes good viewing. It's 2 hours though so be warned.

If anyone is in danger of losing their home there is an interesting court case whereby a foreclosure was challenged and the contract nulled. That's worth trying if your back is against the wall.

  • Profile picture of the author Mal Keenan
    Watched it. Very interesting.

    I don't think the 'Resource Economy' solution espoused in the film would work unless there is a significant shift in human values first.

    The institutions we have today are a reflection of our core values, beliefs, state of conciousness. They couldn't exist otherwise.

    I can't imagine people in todays society working for the good of their fellow man or woman without monetary payment. Can you?

    Doesn't mean it can't happen in the future though.
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