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No man should ever have the right to create money for free that another man has to work for. Every man should refuse to work for and hold a money that another man can create for free, thereby diluting them and stealing from them. All roads lead to Bitcoin. That is now inevitable. This corrupt and evil fiat monetary system, whereby some can create money out of thin air, for free to the cost, detriment and impoverishment of others, will be destroyed. That is why Bitcoin was born. Bitcoin is gunpowder. Adopt it and record your wealth on its immutable and incorruptible ledger; or become its victim.

Gelukkig zit ie nu op een functie waar goed kunnen liegen een voorwaarde is. Goed engels spreken is nu ook bijzaak.

someone told me about RW and his explanations of money and money creation.

Smart

What Keen ignores in his figures (9:50) is the fact that government debt becomes private debt because all of the cost of borrowing to fund deficit spending by government becomes the tax obligation (including any interest) for the private sector when the treasury securities that funded the borrowing actually mature. It does Not happen the other way around since private debtors cannot tax the government to pay off their debts because there is no law that allows them to do so..

Keen makes plenty of economic predictions most of which have not come to reality but are wildly off. As a sample of how limited Keen's understanding of the money system in the economy is he now regularly puts up a chart in support of his MMT beliefs which shows the increased deficit spending and a corresponding increase in private sector surplus. It is supposed to show that surplus is provided by government deficit spending. His chart his grossly misleading because it supposes that government deficits which are in fact funded by borrowing in every case create mandatory future debt obligation that future taxes paid by the private sector is created at the same time as the government deficit spending. All it does is demonstrate to those who understand the money system that he is short of good observation. When confronted with this knowledge his response is it is correct because his Minsky software he made himself shows it. No independent facts supplied to support his statement and no admission that he is or could be wrong.

Silent Weapons for Quiet Wars - if you haven't read that document yet, make sure you do ASAP. It's extremely revealing. It's an energy sucking system - slavery on all kinds of levels. Communism disguised as capitalism. All fraudulent - criminal - to the deepest core.

Sounds like a fraud to me that will lead to the situation we are in now, which is elites making all the calls to control.

Very interesting from around 10 min

Links gedrocht.

The most brilliant commentary on how money works you will ever here.

I also believe that C. H. Douglas was aware of the money creation theory although it's promotors may seem to be unsure about the fractional or the ex nihilo theory

Surprised that the German bank allow him to tape the process

23:45 I'm shocked that Porf Richard Werner actually agrees with the idea of creating money out of nothing.

Richard Werner is a legend.

Rutte over vrije pers en democratie . Welke Rutte zat daar , Rutte heeft een gespleten , dus verschillende persoonlijkheden . Lachwekkend 😅

🤮

Heb jij, Kees Dorresteijn, er wel eens over nagedacht, dat jij een indirect aandeel hebt in een collectieve misdaad als dierenleedeter!? Lekker die BBQ aan joh, kan jou het schelen! Ik luister niet naar een psycho die zich die horror niet kan interesseren. Ik hoorde het laatst op de radio..Shame on you!!!🤬🤬🤬

Heel die VVD kliek is corrupt net als de smerige D666 kliek ...al die vuile Landveraders dienen opgepakt te worden en voor een vuurpeloton gezet te worden

Die experts hebben dus duidelijk de BALLEN VERSTAND van zaken.

Liar, liar.

stinkt naar de misdaad...

"Money is a belief system"

"a small group of people".....

This is misleading and wrong ... He just sounds intellectual and confident but he doesn't actually seem to have an idea of what he is talking about...

This is misleading and wrong ... He just sounds intellectual and confident but he doesn't actually seem to have an idea of what he is talking about...

Kkkkkkk rutte and the truth...

Hij kan niet eens Engels die lul dat standaard Engels van die Nederlanders

Ze hebben hem bij ze ballen. Wat die al die kinderen aan heeft gedaan daar kan hij niet onderuit komen.

Mr. Bullshit. Grootse leugenaar van heel deze aardbol.

It’s corrupt like the people who run it .

Rutte ownd the tv zenders

As I understand it 1. „How is new money created?“ And 2. „How is creation of new money limited, so banks do not create too much credit that will go into unproductive use?“ Are two separate questions. The technical way to create new money is as Werner showed ex-nihilo, out of nothing by the commercial banks, and in that process they are not limited by their reserves per se. They do not check if there are existing reserves they can lend out, they create the deposit themselves. But still there are rules in place (basel3) that demand capital requirements and the commercial banks have to follow these. I would be very interested to hear more on that. I doubt the only reason these rules are in place is because lawmakers believe the wrong theory of money creation. It seems like even though technically commercial banks do not require reserves in the money creation process, it is these rules that make them limit their lending. It does seem these rules are in place to put a limit on new money creation, not out of technical necessity, but as a management tool. banks would create even more loans used for unproductive asset purchase and would be totally unchecked in the creation of new money as long as some borrower is found. To prevent that, rules like basel3 were put in place. So in the end, banks are artificially “constraint”. What do you think? Where can I learn about this exact topic?

Moet echt lachen als ik dit terug kijk....

Freemason..... RAT!

The lying Dutchman

Ook hier staat Pinokkio weer te liegen.

Praat gewoon Nederlands hij is notabene een Nederlander en dat is dan een vertegenwoordiger van nederland Gemiste kans met dat boeren engels

LS. Rutte als hij niets zegt dan LIEGT HIJ NOG!!!Hij noemt oa de Nederlandse pers. Als er nu iets in Nederland oneerlijk is dan is het mede onze pers.Bang voor hun baantje!!!!!! Hij is een "brisant politicus" Geeft nooit een antwoord , en komt er steeds mee weg .

Rutte is een hofnar! Heeft geen idee dat armoede is gecreerd door de vvd.misselijke mensen zijn dit 🤢🤢🤢

What happens if they pay my IOU in cash?

If banks do create money "out of nothing" what justifies the charging of compound interest? (to the tune of several times the initial loan) Also, where does the money to pay back the interest come from?, as it was not issued into the economy at the time the loan was issued.

Technically money is not created "out of nothing", money is created out of someone's future labor, be it an individual or a group such as citizens of a nation.

"the majority of the money is created by the banks" Would this money be under license from the nations central bank?

I get the feeling Professor Werner is being very careful on how he explains money creation so as to avoid a red dot appearing on his well shaped forehead. For example, I have not heard him explain how taxation, at all levels, fits into this money creation scheme.

Michael fum

bouwend Nederland in de vorm van de (6)uild (6)ack (6)etter ? Er is nog zoveel meer aan de hand! Kalush | 1 Leider | Bitcoin | Hitler's speer | Huizen delen? | Kampen? | ruclips.net/video/R3lQeCprams/видео.html)

Brilliant explanation. How about the deposits what’s being done by those?

preciess (6)uild (6)ack (6)etter , like a phoenix that rises from the ashes of niet! , Het kan trouwens nog gekker: Poetins geheime talent | C19 cijfers | Chemtrails | Grafeen | Abortussen | ruclips.net/video/AvkyOY_KrYs/видео.html)

ok dat was echt cringe! , nog meer agenda's! Censuur 2.0 | Nederland zinkt | SBS666 | Out of Box | Synagoge van Satan ruclips.net/video/ZNdKFrlNTCM/видео.html)