The Biggest Scam in the History of Mankind
 

I already knew a lot of this but it's a really informative clear video that demonstrates just how fucked our system is.

Brief synopsis ?

It's complicated and requires using brain cells.

Vaccines right up there too :2 cents:

On another note dont buy facebook ads :)

money is iou's and we are suckers for accepting it

I dunno, I didn't click on the video but from the screen shot I think I've seen it already.

Then I forgive you for not including one.

Thanks. It really would have been too much effort.

Derp

Derp derp.

:1orglaugh:1orglaugh:1orglaugh:thumbsup

I make $ all day long with FB ads. Just don't buy LIKES. :2 cents:

I just wanted to give this an upvote.. If that is possible.

I was expecting tulip bulb scam :)

Sooner or later the whole thing collapses worse than the Soviet Union........ IT WILL HAPPEN (but it may take a long time). Paper is just paper and unless its backed by precious metals, there is nothing to stop the abuse. Most people will watch and understand this and do precisely nothing. Anyone with less than 10% of their liquid cash in gold or silver is taking a big risk IMO.

Let me guess...it's about scumbags who make money from other people's money, without having to work for it....

Then playcoins would rescue the world :thumbsup

Say it aint so...:upsidedow

http://topdocumentaryfilms.com/stealing-a-nation/

in the event of a proper collapse you would be no better off. you can't eat gold or silver either.

I got this in my inbox today ... About banking but from a very different angle ...

How banks really create money: http://seekingalpha.com/article/2600...-to-make-loans

Why Do Banks Want Our Deposits -- Hint It's Not To Make Loans

I never considered this angle ...

lol, dumb ass comment, next its cem trails

Cool, can I still get the Sparknotes?

Is this about bitcoin. I dont want to watch unless its about bitcoin.

In the event of a proper collapse you would be MUCH better of with at least 10% of your liquid cash in gold and silver. You obviously don't have a financial education. Not being able to eat gold and silver is hardly a good reason not to own it.

A lot of you wont remember the 1970's. Not long after the USD was taken off the gold standard, it went up over 2400% (24 fold gain) in a 4 year period. It went from $35 per ounce to $840 per ounce.

I was expecting this pic:

https://macedoniandimension.files.wo...ious-books.jpg

Religion

Aka it requires for half hour worth of brainwashing.

Banking can be explained with one paragraph. Some bullshit requires a lot more writing.

Please explain banking in one paragraph.

Okay, but this paragraph doesn't count yet. Fractional reserve banking:

Following rules are for demonstrative purposes, as those vary from country to country (currency). The rules are that the bank has to have 20 % reserve. The banking goes like this: regular bank gets 100 units (currency) worth of deposits. According to rules it can lend 80 units, 20 must be in reserve. Bank lends 80 units for some of it's customer. The situation is now that the bank ows 100 units for the depositor(s) and the lender ows 80 units for the bank. 100 units has become to 180 units, aka money has been created. Central banks money creation differs from this as those can literally create the money from thin air. For regular banks the process goes as described, whether it gets the money from depositors or central banks.

What if a gallon of milk costs $800?

:thumbsup

Captain, this is complex economics. It would take an age to explain so the average mainstream dude isn't going to get it unless they have an education in finance or economics but the basic thing is this:

Paper has an intrinsic value of zero.
Milk and gold are both commodities with limited supply.

In order for milk to reach $800 a gallon, then unless you are talking about a massive change in demand/supply then I can only assume you are suggesting massive inflation.

Assuming supply/demand equation is unchanged then the chances are inflation would re-rate the price of both soft and hard commodities.... food, precious metals, oil etc etc. So $800 a gallon milk would automatically mean gold/silver priced vastly higher than it currently is. Hundreds of examples throughout history......

Take a look at a $100 bill and ask yourself why it allows you to buy things. Where does the value come from? And what is the difference between $100 bill and a piece of paper of exactly the same size.

Gold/silver have been money for thousands of years, paper has been money (in the US) for less than 200 yrs. Technically $$$ is not money, its currency and the only thing that keeps it that way is confidence.

By the way, I strongly recommend for anyone who wants to understand this scam to watch this video and the others in the series. It explains the situation very, very clearly in an easy to understand way.

Complex? What is this complex? :upsidedow

My question assumes the opposite of what you are assuming. Tainted food supplies are happening more and more, weather is killing farms, Monsanto et al is creating inedible foods, private companies are buying water rights country-by-country, yada, yada...my question points to the scenario of what if mainstream food distribution shrinks or is corrupted rapidly. What if the only potable water available is 5-10$ a gallon.

These thoughts came to me as US, Japan and others failed to come to a TPP agreement in Australia this week. To me, paper tastes just as crappy as gold. Gold is probably more difficult to pass than paper unless its parchment. Me, I am learning organic greenhouse farming. The entire financial system is pretty wobbly except for the scam artists the video presents and it was reported by scientists at the UN this week that this year was the hottest year in 800,000.

BTW, I am not arguing with you. I think the video is dead on. Mainstream dudes who do not have a background in philosophy, literature and the arts often have difficulty here. ;)

Well that's another issue, it can happen. Overall, there are many in the food/agri industry who believe that the global food supply is fragile. Growing populations as well as due to the fact that Agriculture isn't what was it once was and no-one wants to go into farming will no doubt contribute.

I'm sure we're likely to see supply shocks in the next couple decades especially if war accelerates in key regions.... but absent of that, if governments continue their QE and expansionary strategies we probably will still see some kind of inflation in the future.

However, at the moment the western world in particular is leaning toward deflation....

Gold has no value in a proper collapse. If you want to invest in something for a proper collapse, buy guns. This is coming from someone who is pro gun control too

You are better off just investing in property though as an inflation hedge, as it'll continue to generate income either way.

But then you mention deflation... which could happen... but that'd be bad for gold too.

Is it a coincidence that the brokest and least successful are the ones that feel the need to educate the rest of people the most? With a youtube video no less..

Property is a reasonable inflation hedge and no-one would suggest you not to own it but its not a substitute for currency. Gold is and has always been the only decent substitute which is why 10% of liquid cash (not total assets) held in the form of precious metals is a smart move.

If you have deflation your cash buys you more and if you have inflation, the gold rises to hedge against the loss of purchasing power of your cash and does a great job of compensating you.

Yep, looting and taking portable assets off the preppers ...

I'll be heading to the pharmacy first to get my prescriptions filled for 10 years ...

I should get some guns so you guys don't steal my solar panels to charge your tablets.