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Forum Post: Internet Teach In: Money As Debt by Paul Grignon

Posted 2 years ago on Oct. 12, 2011, 7:07 p.m. EST by quadrawack (280)
This content is user submitted and not an official statement

Hi all,

I've noticed that a lot of folks on here rant about the Federal Reserve, me being one of them. I didn't come to be against the Federal Reserve because of some catchy political platform.

I have read the Creature from Jekyll Island, I've read the Chicago Reserve Banks own pamphlet on Modern Money Mechanics, which details how fractional reserve banking works, and I have a good concept of the history of Banking in our country. However, in the spirit of the Sit in Teach ins that I've been seeing happen, I'd like to provide some resources so that interested folks can get a full education as to how our monetary system works.

Once you get it, it becomes very EASY to understand how we ended up with an unprecedented, in world history, economic crisis that we are facing in the Western world.

This video series has been recommended by folks like Catharine Austin Fitts, who was the president of a bank, economists, and professors of economics like Dr. Mathias Binswanger of Switzerland.

Money as Debt part 1 http://youtu.be/vVkFb26u9g8

Money as Debt part 2 http://youtu.be/sanOXoWl0kc

Money as Debt part 3 http://youtu.be/kTv1fo6sKmo

Money as Debt part 4 http://youtu.be/3qicabStQkc

4 Comments

4 Comments


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[-] 1 points by atki4564 (1259) from Lake Placid, FL 2 years ago

Exactly, which is why what we most immediately need is a comprehensive strategy, and related candidate, that implements all our demands at the same time, and although I'm all in favor of taking down today's ineffective and inefficient Top 10% Management System of Business & Government, there's only one way to do it – by fighting bankers as bankers ourselves at $500 apiece. Consequently, I have posted a 1-page Summary of the Strategic Legal Policies, Organizational Operating Structures, and Tactical Investment Procedures necessary to do this at:

http://getsatisfaction.com/americanselect/topics/on_strategic_legal_policy_organizational_operational_structures_tactical_investment_procedures

Join

http://finance.groups.yahoo.com/group/StrategicInternationalSystems/

if you want to be 1 of 100,000 people needed to support a Presidential Candidate – such as myself or another you'd like to draft – at AmericansElect.org in support of the above bank-focused platform.

[-] 1 points by quadrawack (280) 2 years ago

And this is the original page, where you can see the recommendations by economists at universities as to the efficacy of these videos.

http://www.moneyasdebt.net/

[-] 1 points by quadrawack (280) 2 years ago

And this is also an excellent video strictly about the Federal Reserve

http://occupywallst.org/forum/internet-teach-in-video-the-american-dream-30-minu/

[-] 1 points by quadrawack (280) 2 years ago

Seems I'm getting questions left and right about how exactly our monetary system works, and why it's central system is a terrible way to create money. So, this set of videos is an excellent introduction to Debt as money, and our fractional reserve banking system.