The Money Masters

[fabijo]

Well, this is a very long documentary, but just within the first few minutes, you'll get the point. It was made a while ago, but they talked about the end of money back then. We have a debt-based banking system. At one point, the interest built up will be more than the money that can be made. This is the end, my friend.

http://video.google.com/videoplay?docid=-515319560256183936&ei=eVvvSLjEA5ycrALCwYDlDg

 

[fabijo]

I think the biggest lesson I just learned from this is that because of fractional reserve banking, loaning out at a rate of 6% with a 10:1 fractional reserve system, the profit is not 6%, but 60%! Wow! How I'd like a piece of that pie.

 

[KevinD]

I think the biggest lesson I just learned from this is that because of fractional reserve banking, loaning out at a rate of 6% with a 10:1 fractional reserve system, the profit is not 6%, but 60%! Wow! How I'd like a piece of that pie.

Welcome!

 

[EmoDx]

Thanks for the video post! The education was well worth the three hour history lesson.