Video..."Money as Debt"

[stefan segal]

This is a reality changing 47 minute video. It is assumed by each of us that we understand money...our money...world money, but this video walks us through the evolution of what we assume is tokens depicting value and how we are all enslaved and heartily ripped off by our acceptance of these tokens.

This is well worth the time to see it to the end. It is presented for mass comsumption...meaning comprehensive to most tenth graders, but don't allow a sense of superiority to cheat you from the message presented...see it to the end.

Stefan

http://video.google.com/videoplay?docid=-9050474362583451279

[moonman]

I caught the first ten minutes then skipped to the end. Actually I was expecting the usual conspiracy freak fare. This isn't quite that and the sentiments and opinons at the end are spot on, eh.

[disrupter]

currency is about ease & granular liquidity of exchange.

If it has any accepted value at all it acts as a sort of storage of theorized potential.

The fact that people would accept a theoretical potential in exchange for goods & services represents a powerful paradigm notion.

In a sense it is like a game of 'chicken' seeing how when & where people are compelled to cash out of it.

But if the managers of currency are reasonably able to keep sufficient desire-tension in the holding of currency, in the theoretical potential it acts as then people gain a certain confidence/trust in it. If currency gets far removed from other, more traditional stores of presumed wealth it can be more risky.

It is a delicate notion, easily crushed, crumpled & destroyed. Managers forget this fact at their peril, becoming sucked into their own somewhat fragile, illusitory creation.

It makes me think of having two electric poles & trying to manage a constant small arc between them, neither allowing them too close & shorting or too far to stop all current flow.

And sometimes doing it with tools that are rubbery at best & not rigid or firm.

sounds like a 'fun' job, for somebody else.

[stefan segal]

What I find most gauling, is that our government and trusted leaders have designed a selfdestructing poison pill that robs all while elevating those select few who through and by design profit exponentially from the process.

That value produced cannot balance interest without destruction of one's resources, coupled with limitless human character traits of greed and power (control), is, by its application, a crime against humanity and ecology.

I am outraged by being born into a rat-run that by design I am to either strive to disadvantage my fellows or join them in their evergrowing poverty when the pace becomes too fast for old bones to run.

Stefan