zeitgeist Addendum

http://video.google.com/videoplay?docid ... 7695921912
check it out, less then 10 minutes of it is about religion from the 2 hours so dont freak out.
its proposes a great idea that i truly believe in.
please take and look and tell me what you think




their venus project does sound weird, so i dont have a opinion on that because i dont know enough about it.
But everything else about the movie is incredible

[crait]

I heard a lot about this movie.
Like, AIDS was made by the government. Now that here's a link, I'll watch some of it..

[crait]

I can't watch this movie.
It didn't talk about religion. The first 10 minutes talked about how the government creates money out of thin air and the video is trying to sound technical when I just summarized the first 10 minutes in 1 sentence.
The video is trying to pursue me that creating money is wrong for the government to do but that is untrue. Whenever deflation in the economy occurs, creating money is a necessity. Inflation is needed sometimes.
I hate the fact that they're trying to sound smarter than they are by making the screen look like a computer or DOS box whenever the syntax that is typed in is jargon and makes no sense.

C:/$10,000,000

WTF is that?

they say we shouldnt create money out of thin air, did you even listen?
they are talking about how the country could never be debt free because of the system where there is more debt then there is money.
So they say get rid of that system...

and it doesnt even talk about AIDS lol, if you want that stuff watch the original zeitgeist

[crait]

If we can't be debt free, doesn't that mean we're not making money out of thin air?
And did you not read my last post? Sometimes inflation is a necessity to stabilize the economy.

And oh, I didn't know there was more than one Zeitgeist movie.

well it is the most watched video on the internet of ALL TIME...
so your one of the few who doesnt agree with it
those who understand the federal reserves know how horrible it is, everyone wants to get rid of it.

Andrew jackson warned that when there is a national bank, it wont be the people who owns the country, its the banks who will and thats why he worked so hard to get rid of it.
But unfortunately people are to fat and happy and are ignorant on the subject of the federal reserves.

They do create money out of thin air, its just that when the government gets money from the federal reserves(which is government doesnt own believe it or not) the federal reserves requires that you pay a interest, thats way it allows them to create more money.
They had nothing to back the money up like gold and silver, therefor they can never make enough money to pay back the federal reserves which decreases the value of the dollar and causes inflation

[crait]

I'm sure the Numa Numa guy had more.
And you're saying that the government creates money out of thin air and you're saying we're in debt because their source of money.
That is a paradox.
You told me already they buy bonds from the Federal Reserves but you're saying they get the money out of thin air.


The movie was talking in circles and now, so are you.

ok crait keep believing that....
those who understand know exactly, im pretty sure que can explain much better then me

anyway. how is it a paradox, its creating money out of thin air, how much simpler does it get?
there is nothing that backs the money up
here listen to ron paul explain it, he does a great job

http://www.youtube.com/watch?v=ji_G0MqAqq8

[crait]

It's not creating money if you take it from someone.
It's not creating money if you are in debt.
If you could create money out of thin air, why don't we just do that to get out of debt?

because if you create more money, you go more in debt lol.
did you even listen to Dr. Paul?

[ace]

Just because you create more money doesn't mean you go more in debt. It just means your money has less value, and you will have to pay more money, out of the more money you created.

Say I have 2 dollars. I owe someone 1 dollar. I create 2 dollars on my computer. I now have 4 dollars, but due to the decrease in how valuable the money is (how much gold it is worth), that means I now owe that same person 2 dollars. I have 4 dollars now, so I still owe the person 50% of the money I have, like I did before i created money.

So yea, that's how I understand it at least, or at least I think that's how it works.

All of you explaining this are missing the most important point.

Which is that debt is paid with interest and currently there is more debt thanks to interest than there is money in circulation.

If every dollar in the world was collected and handed over to The Federal Reserve right now it still would not cover the national debt.


That is the problem.

Just because you create more money doesn't mean you go more in debt. It just means your money has less value, and you will have to pay more money, out of the more money you created.

Say I have 2 dollars. I owe someone 1 dollar. I create 2 dollars on my computer. I now have 4 dollars, but due to the decrease in how valuable the money is (how much gold it is worth), that means I now owe that same person 2 dollars. I have 4 dollars now, so I still owe the person 50% of the money I have, like I did before i created money.

So yea, that's how I understand it at least, or at least I think that's how it works.

Here's what you're not getting though. The Federal Reserve has NOTHING to do with the US Federal Government. They are a 3rd party organization given the power to print our nation's money by the Federal REserve Act of 1913. They're a group of private bankers who have come together to regulate everything that goes on in this country. Their decisions determine what interest rates we get, whether we have jobs or not, etc.

When they print money and give it to the government, they CHARGE INTEREST for the use of that money. Your yearly income tax goes towards paying the interest on the money the government borrows to cover its costs. So any time they create money, give it to the government, and/or put it out into circulation, there is interest attached to it. THAT'S where the debt comes from.

It used to be that the American Dollar was backed by gold in Fort Knox. A "reserve note" was a piece of paper telling one how much gold they had in the bank (and this was back in England when blacksmiths used to house people's gold as a service.) Now, it's said that there isn't even any gold there anymore because it was sold. So that which was backing our money is no longer there, making the bills in your pocket as worthless as the paper you put in your printer.

There's a great (if not a bit long) documentary called The Money Masters that anyone wanting to understand this whole thing better really ought to check out.