Audio -
Podcast: Play in new window | Download
Audio -
Podcast: Play in new window | Download
`Loans make deposits`.
Loans pump out credit tokens, that rain back down on banks as deposits.
Audio -
18:22 min.
Podcast: Play in new window | Download
on Gnostic Media (Podcast Audio) with Jan Irvin.
The is the `more` under the YouTube video.
One of the factions that controls nearly every moment of our lives is hardly understood by the large majority of the population. To gain an understanding of today’s topic deepens our understanding of the world and how it works and exactly what we can do to effect change when and where needed.
Our deepening investigation into the freedom of consciousness cannot go without a deeper understanding of what we all use for exchange or trade – money.
Exactly how we define the word ‘money’ defines our very society and affects nearly every facet of our lives. It also tells us exactly what we can expect from our political representatives. All we need is to understand the language of money.
Beginning today in this detailed two part series we begin to look into the fundamental concepts of money: What is money and how is it defined? What is the history of money? How does it tie to religion, government and private business? What is the difference between credit and money? What is FIAT money? Is there a difference between private versus nationalized banks and how they operate? And why is any of this important to YOU? And how could it possibly affect YOUR life?
Stephen Zarlenga is the founder of the American Monetary Institute (AMI) – the leading American monetary think tank for monetary history, theory and reform. An economic historian and author, Zarlenga provides us the clearest picture of how money and monetary systems work in his incredible 2002 tome The Lost Science of Money, and he’s also the author of the American Monetary Act, submitted to congress by Dennis Kucinich in March of this year.
http://www.monetary.orgMore from Gnostic Media at:
http://www.gnosticmedia.com
Basically, these two interviews (total time – 2hrs 45mins), saves you the time of reading lots of big fat books about `money`.
I have downloaded the videos, ripped the sound off them and uploaded it to my normal Audio site.
Part 1. –
Pt.2 –
I regretted putting up the first Gary scratch video ….. and now feel obliged to put up his next one.
Basically, I thought it would be funny and that would be the end of it; but hitting Gary is like hitting the tar baby (for people who had a deprived childhood).
Gary is not compatible with the OTP pub; but on many subjects his rebellious mind does come up with some interesting angles.
On the search for what is actually going on in the economic world, I cannot imagine that the possible moments of clarity, could ever outweigh his predilection for just making stuff up.
If we ever get round to thinking about what could replace what we have now, he could be valuable there….maybe. Or, if things go so out of control, that understanding is no longer of any use.
As I write this, I am half persuading myself, that knowing what is happening now is probably of not much use, as the future will be so different ……….. but, I am not going to give in yet.
Gary’s desperation to be right first time, must surely, be a bad way of approaching any problem. I will maintain, that going through the basics, is still the best way to earn a respectable opinion.
It may all turn out to be for nothing as events turn the basics over, but it must be better than just making it up as you go along …… mustn’t it~!?