Bank Crisis & Inflation: The Biggest Scam In The History Of Mankind - Hidden Secrets of Money Ep 4
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- Опубликовано: 4 июн 2024
- Bonus Presentation here: www.hiddensecretsofmoney.com Who owns the Federal Reserve? How does the Federal Reserve work? You are about to learn one of the biggest secrets in the history of the world... it's a secret that has huge effects for everyone who lives on this planet. Most people can feel deep down that something isn't quite right with the world economy, but few know what it is.
Gone are the days where a family can survive on just one paycheck... every day it seems that things are more and more out of control, yet only one in a million understand why. You are about to discover the system that is ultimately responsible for most of the inequality in our world today.
The powers that be DO NOT want you to know about this, as this system is what has kept them at the top of the financial food-chain for the last 100 years.
Learning this will change your life, because it will change the choices that you make. If enough people learn it, it will change the world... because it will change the system .
For this is the biggest Hidden Secret Of Money.
Never in human history have so many been plundered by so few, and it's all accomplished through this... The Biggest Scam In The History Of Mankind.
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This is Episode 4 of a series - here is the complete playlist: ruclips.net/video/DyV0OfU3-FU/видео.html Thank you for sharing and clicking the thumbs up. M.
This is amazing information thank you
Will watch the whole series
Best series. Please continue making these
Still they make us cheer for the law inforcements and warheroes who's work is basically to serve that system and even expand it.
Mohammed Khadaffi was aleader of one of the 3 countries in the world that (still) didn't have a system run by these guys, together with Iraq and North Korea. After he was killed, the first thing "the freedom fighters" of Libia did was errect a central bank.
...just some light stuff to think about for this evening.
2023 👍🏿
Who is here in 2024?
Right here! Been watching this video off and on for the last 10 years.
@@AwakeThroughTheIllusionone of my favorite and most shared videos.
Here before the loaf of bread will cost $50
Need to understand this so I can explain to others
@@harshdunya watch it 10 times at least. It takes a while to grasp. I can’t even count how many times I’ve watched it and still am learning.
I just want my money to keep outgrowing the inflation rate. That’s why I'm looking for companies now to invest my $120k savings. Just don't know strategies to employ to make significant gains
Chose quality stocks and follow them up. If you're not one for such complexities, hire a wealth manager to grow your money. I use the latter. Pulled in more than $46k in the last two months alone.
Having an investment advisor is the best way to go about the stock market right now. I used to depend on RUclips videos but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
I wouldn’t mind getting in touch with your advisor. In few years I will retire and my portfolio will definitely need some management.
*Jennifer Leigh Hickman* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
The banking situation is a reminder that Fed hikes are having an effect, even if the economy has held up so far,” It’s precisely at times like these that investors need to be on guard against the next certainty. First SVB, then signature bank and now first republic bank, these are all the signs of yet another 2008 market crash 2.0
My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.
Sincerely it's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.
Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.
@@jeffery_Automotive Please can you leave the info of your investment advisor here? I’m in dire need for one
I personally work with 'Julie Anne Hoover’’ she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
Despite utilizing the correct strategies and possessing the right assets, there can still be variations in the investment returns among different investors. It is important to acknowledge that experience plays a crucial role in investment success. Personally, I realized the significance of this and sought the guidance of a market analyst, which enabled me to substantially grow my account to nearly a million. I strategically withdrew my profits just before the market correction, and now I am taking advantage of the buying opportunities once again
@@rogerwheelers4322 I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them?
@@FabioOdelega876 My advisor is Colleen Janie Towe, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@@rogerwheelers4322 thank you for this tip , I must say, Colleen appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
Who is here in 2021? The scam is amplified...strap in folks. Thanks for sharing this video.
I am! Hello Mike, this is an amazing educational presentation. Thank you so much. I'm gonna share it a lot. But one question! I 4 episodes you haven't talk about cryptocurrencies unless you do in the following episodes. If you haven't in this big documentary, how come?!
U welcome
Well explained, Mike. Thanks.
Hey, I didn’t get that boom and the currency is created like how if banks exchange iou with fed and gets an iou (cheque) then how the physical currency is created. Can u please explain!
Still mad as hell... still dropping the link to whoever will listen.
As my father used to say, "A lawyer, politician, and a banker can steal more money with a briefcase than any crook ever did with a gun."
No. Its a lawyer, doctor, or priest.
I just stole this for my face book page !!
You may find the quote in Puzo's The Godfather. Your father may got that quote from that book.
@@gevorgienoff sums up why we have become the America we are. The greed is the disease disguised as ambition.
@@ramona5304 Nation has nothing to do with greed. Its the mankind. Once you get a power, you get anything you want. Good or evil. It's in your hands.
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.
The FED knows. They aren't committed to attacking inflation. They are going to continue to inflate, stocks and commodities will continue to go up with everything else. You can't just sit on cash waiting for a crash, get your money working for you, start buying in slowly and then gradually increase the pace of buying as the prices continue to drop.
In my opinion, now is not the moment to rely on hearsay. Every individual, regardless of their level of experience as an investor, requires guidance at some stage.
@@hunter-bourke21 It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $850k.
@@andrew.alonzo Please tell me how can I connect to your advisor. My funds are being murdered by inflation, therefore I'm looking for a more profitable investing strategy to put my portfolio to work.
@@rebecca_burns14 My advisor is “Julia Ann Finnicum”. I've been working with her for a very long time. You could still check out others on the internet. She's an independent financial advisor, so her decisions have been really spectacular.
It's all about: power, control and greed. This is why financial literacy isn't taught in schools.
word
I second that, word.
+Ace Johnson I am from a "third world" country and it is being taught in every single school. Which part of the world you live in?
***** US America
+Someone Somewhere they don't teach it here in the U.S. Geese. I wonder why
We keep getting comments from people saying 'oh, an inheritance cap will fix this'. No it won't. You are talking about attaching band-aids to a terminally ill patient. The root cause of most of our problems today is the monetary system itself. Stop treating the symptoms - let's find a cure for the disease.
Why didn't you mention the fact that the IRS has no legal authority to force people to pay income tax? In 1913 the IRS law wasn't ratified, it didn't get enough of the states to ratify it. No one in the U.S is legally bound to pay income tax.
Baz Metse Maybe because they have many many guns to force you regardless if legal or not. Just because many laws are unconstitutional based on the original intent of laws, against freedoms and rights of individuals, and the fact Law enforcement officers are not lawyers, never went to law school, do not know the law themselves any better than you or I, does not mean they won't arrest you for anything they desire and haul your ass to jail and lock you up because if resist many of their buddies are going to kick and bludgeon you to a pulp! Is law of power, who is more powerful, you as an individual or the many in government with bigger guns, many jails, etc. Is that fear they have over us they makes us been over and take it however they want to give it! and the majority of the people are too afraid to band together to ever do anything about it.
Mike Clarke That might be how you see it and maybe that's why it is like it is because many others feel like you, but I don't feel like that at all and all you have to do to know what you speak of is voluntary complacency and isn't a fact is to look back at the french revolution and how impervious to the law the people were when they finally had had enough. No amount of big guns etc did any of the elites and rulers any good whatsoever and everyone would do well to remember these facts. Peace.
Cure for disease is "the venus project",watch,learn and share.
Hallo Mike, what about Bitcoin ? Bitcoin supporters think exactly the same as you. Please answer, I am very curious that do you think about Bitcoin. Regards.
I remember first watching this for the first time and I still come back to it. The entire series is brilliantly done and I believe should be a requirement for any finance class in both high school and college.
They did know in the school but "nah"
Schools are controlled by them. So won't happen.
It won't be, because the very system depends on the scam.
Right, apparently I already watched this but 2nd time here I come!
As I have commented in this person's other videos - what he says is scaremongering, all within his conspiracy theory, then finally is a thinly veiled advert for his own marketing platform. And, notice, it was posted NINE YEARS ago! Ignore it.
A perfect storm is brewing in the United States. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones.
Investing in stocks can be a wise decision, especially if you have a dependable trading system that can lead to successful outcomes. Personally, I've been working with a financial advisor for about a year now. Starting with less than $200K and I'm now just $19,000 away from making half a million in profit.
@@martingiavarini I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same. Is there any chance you could recommend who you work with?
my advisor is ‘’Catherine Morrison Evans ’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon. Thanks
1.2 million views! Thank you all so much for sharing this important video.
The bank makes a profit when the fed pays them interest on the reserves held at the fed? At 21:15
I don’t understand what does this mean?
Mike please explain it to me
10 years later and still, none of this is common knowledge. Most americans have no clue that loans and mortgages are where cash comes from. They think the Treasury just prints it sometimes.
Thank you to everyone who is sharing this video. This is how we make a difference.
Very well put Mike, I'm from the uk but the same rings true. This fraud knows no national boundaries.
ugotownedk Cryptocurrencies like Bitcoin is the subversive solution regardless of how stupid are the people.
ugotownedk Here is a very important follow up to this video: Mike Maloney's Forum For A Monetary Solution - Bitcoin? Gold? Silver? Good luck!
How long before the collapse Mike?
The answer is the ECB...watch Episode 5, we filmed the first half of the episode inside it and showed their explanation of how currency is created. Which is exactly the same as we show it in this video.
With inflation running at a four-decade high, the Recession is now the ‘most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won’t be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?
True, the idea of a portfolio-coach used to sound generic, but a new study by investopedia actually found that demand for portfolio-coaches sky-rocketed by over 41.8% since the pandemic and based on firsthand encounters, I can say for certain their skillsets are topnotch, I've raised over $700k from an initially stagnant reserve of $150K all within 14months.
@@Oly_laura I will be retiring in two years and I have a goal of doing that with $1M. How can I reach out to your guide?
@@hermanramos7092 The advisor I use is actually quite known, you might have heard of her, Catherine Morrison Evans, she's been featured on several platforms including CNBC and Bloomberg, you can search her name.
@@Oly_laura Thanks for the contributions, I just skimmed through Catherine Morrison Evans webpage, interesting stuff, wrote her an email.
go away spammer
Bitcoin brought me here in 2019! I never understood when people say, "the rich becoming richer while the poor becoming poorer" until I watched this video. Mind blown!
Nano Mechs bitcoin is gambling asset, not currency
The bank makes a profit when the fed pays them interest on the reserves held at the fed?
I don’t understand what does this mean?
At 21:15
Someone please explain
The bank makes a profit when the fed pays them interest on the reserves held at the fed?
I don’t understand what does this mean?
At 21:15
Someone please explain
imicca Wrong. You need to watch again Ep. 1
@@camelnut7014 he explained that when people put money in the banks, the banks have to keep a certain amount like 10% or 3% in reserve. that reserve amount is on deposit with the fed and the banks get a nominal interest on that from the fed.
They say that money doesn't grow on trees, but the truth is that the modern banking system creates currency far faster than trees can grow...
This statement may sound nice but the saying comes from the fact that there are billions of trees and money isn't that easily acquired
How is it that our government gives loans to immigrants before an American citizen. Is this illegal
Or is it a sham. We that played our fair share of taxes gets nothing in return.
GoldSilver (w/ Mike Maloney) thanks for education Mr.
This video got ONE MAJOR Fundamental WRONG. @12:56
The video CLAIMS you need to borrow another dollar to pay the borrowed dollar back with interest. This is simply not true when it was backed by gold, printing money used to be able to catch up with ACTUAL resources available ON HAND. Another example, is before currency, with emargo, if I had to give 4 loaves of bread for a borrowed shoe plus interest, I would create 2 more loaves of bread to pay back the interest of the shoe. I didn't have to borrow another shoe, I simply added VALUE into the world by making more loaves of bread through my sweat and materials used.
I understand there is a minor devalue of the currency of bread from this example, but the point is the shoe itself did not decrease in value, it acted as a different currency, but not one you had to borrow more of to pay back.
In conclusion this video is WRONG on that fundamental.
The problem with today, is the United States is printing more money than there is currently value, as it is no longer backed by anything solid other than a few numbers coming back, but they are printing more money then they are receiving back, and well way over the projected GDP.
@@rex-atom I understand your reasoning because i thought the same but then I noticed that he was probably trying to stay in the same idea of how we work now, but i could be wrong.
Recession is often the result of external factors, and it appears that the United States is losing its grip as a federal reserve currency.
With a decreasing ability to control inflation and a reduction in stock and oil trading, it seems that a new multilateral world order is on the horizon.
It's important to keep in mind that investing is a zero-sum game with both good and bad days. However, by spending and investing wisely and diversifying your holdings, you can minimise risks and maximise gains. Hiring a knowledgeable investment advisor with a wide range of options can help you achieve this and leave little room for regrets.
I personally worked with an investment advisor to diversify my $401k portfolio across multiple markets, resulting in over $980k in net profit from high dividend yielding stocks.
With the right guidance, you too can make informed investment decisions and achieve your financial goals.
@@marcelrobert9569 Would you mind recommending a specialist with a variety of investment options? This is extremely rare, and I eagerly await your response.
@@charlotteflair1043 She is Julie Anne Hoover, my consultant. Since then, she has devoted section and leave attention to safeguards that I have been keeping an eye out for. You can locate information about the chief online, on the off chance that you're interested. I made no regrets about substantially adhering to their exchange strategy.
Recession always occurs when the mafia aka the government prints money then later has to rise the rates in order to control inflation
it's a problem that governments creates and try to fix, but it's impossible.
Thanks to Mike, two years ago I pulled all cash from the banks I had invested in and bought gold and silver. I have kept sufficient cash (vaulted for safety) in the event of a sudden crash. Having retired, I had no debt. 😀Today, with banks failing and the monetary system starting to crash, I can only thank Mike for keeping me safe. I can never thank you enough, Mike.
The ‘monetary system crashing ’ never happened. My money is still sitting in a bank. This video is the biggest price of bs ever
Your assets might be SAFE, but are not likely to be growing. As I have commented in this person's other videos - what he says is scaremongering, all within his conspiracy theory, then finally is a thinly veiled advert for his own marketing platform. And, notice, it was posted NINE YEARS ago! Ignore it.
@@notabrick7307 You are correct: As I have commented in this person's other videos - what he says is scaremongering, all within his conspiracy theory, then finally is a thinly veiled advert for his own marketing platform. And, notice, it was posted NINE YEARS ago! Indeed, we should all ignore it.
@@notabrick7307So the whole part about how money is created out of thin air by the Fed and how our system will never function unless there is some debt - all of that was false?
@@davidwhyman1189
Oooookay.
Is the federal reserve a private bank?
Does the FR write checks out of nothing?
Slavery was never Abolished, It was only extended to include all the colors.
i.e.,the 14th amendment
Thank the corporations and with the help of Woodrow wilson creating the most unconstitutional bank known to mankind
involuntary servitude is illegal in the US!! However, if you volunteer to be the slave...well. and that's how they do it.
@@withwingsaseagleeyes You no longer HAVE a Bill of Rights thanks to 9/11. The U.S government did 9/11 so they can pass a bill during the caos that can over ride the 5th amendments in the bill of rights. So you see..........the only thing you American have is "ILLUSION".
@@tavoiaiono7885
Can you link me to the law please? i tried looking but wasn't a clear search thanks
to date, 3k bankers have disliked this video. Keep sharing.
That's all. Seems low. Keep sharing. Need to up the ante. Let them know we are getting wise to their game!
@@franbatista9062: Shut up, BIGOT and EDUCATE and INFORM your willfully ignorant, intellectually lazy self!! That's a bigot's stereotype - you know ZERO about Jews!!! Until and unless you go to EVERY single banker as specifically ASK them what their religion is, keep your ignorant mouth SHUT and stop propagating LIES!!
@@janishart5128 lmao someone can't take a joke
@generik: 😘🥱😴 And BTW, bright boy, it's spelled "psycho"!!! Too bad you skipped school so often!!!
The bank makes a profit when the fed pays them interest on the reserves held at the fed?
I don’t understand what does this mean?
At 21:15
Someone please explain
I wish I knew this when I was younger. Knowing our government, this will never change. Better to be educated than blind. Thank you.
Learning from Hidden secrets of money series is better than getting a business degree at a woke college
No, it isn’t
@@notabrick7307yes it is.
Thank you everyone who is sharing this video - we are closing in on 2 million views thanks to you. Amazing work, keep it up!
GoldSilver (w/ Mike Maloney) thank you for your education! My husband is afraid of these concepts. I would like to participate in the new platform. I have some ideas!
Interesting but a real solution and serious fix is needed and only Christ will be able to successfully accomplish this. Until then the economy will continue in boom stagnation,helping some.while other must live impoverished. Sin and man rejection of the leadership of God as caused this. In the beginning god sad creation was good very good but Adams disobedience caused what is happen today.God has life abundant life,eternal life to give in a New heaven and a new earth.Sorry I can,t fixed this present broken system,but christ can save you wash you make you in right standing with God to prepare for the resurrection and endless paradise .l in my father's house are many mansions .if it were not so I would have told you.I go to prepare a place place for you.And if I go and prepare a place for you, I will come again, and receive you unto myself. That where I am there he maybe also.john142-3
The bank makes a profit when the fed pays them interest on the reserves held at the fed?
I don’t understand what does this mean?
Mike or anybody please someone explain it to me
It’s at 21:15
30,000 likes, 2.6 million minds opened to The Biggest Scam In The History Of Mankind. 878 folks suffering from Stockholm Syndrome.
878 folks have an understanding of finance and know that a balance sheet balances.
Asdfasdf Adsfasdfdfsa too bad for your made up name, cause you don't wanna be hustled :) but what reminded me is right on! These God damn idiots will take line items from a balance sheet and income statement and write it up like each number is... Evil and has agenda, and ..... Unconstitutional. The fact is .... every dollar belongs to a balance sheet of an individual or an organization. Every dollar is in balance, there are no made up numbers!
***** the fact that banks can lend out 90% of money on deposits... is not magic.... all of it is explained by.... accounting. Cash flows from assets of one account into liabilities of another. Everything is tracked and accounted for, money does not grow, ever. It moves from one account into another. Read one accounting book and you will understand.
>the theory can be changed by at any moment by us.
It's accounting, it tracks every single dollar, how would you change that? You are free to make changes to GAAP (generally accepted accounting v principals), they take inputs from public/accountants/etc.
Igor Belayev Bingo!
Exactly right!
All transactions use MONEY, REAL MONEY, not Peter Pan money.
The accounting of the transfers of money DOES NOT CREATE MONEY!
No more then counting that there are six cats in a house, then adding the accounting to the cats, makes 12 cats!! Such concepts, which run amok in the minds of so many people is, if any of them actually thought about their claim, is BIZARRE.
That gave me a chuckle, true.
I watched this for the first time in April 2020 and it changed my life. I have watched this probably 50 times since then, learning more each time. Thank you for waking me up Mike
A lot of what this video states does not pass the simple test of basic fact checking--you gotta go learn beyond this.
Mike you are a legend. I am rewatching your series. It takes a bit for me to follow the scam. My friends don't seem to be worried by the big rip off. I keep it to myself until I find opportunity to share this knowledge. People are zombified.
Everytime i hear a bank getting robbed i think, "So how does it feel?"
Jesus tossed out the money changers.
On the off chance that your monetary circumstance is in desperate straits and you want an ongoing generating 138 usd per day cash online to bail you out of this situation. You may need to look bit.ly/2hF7gnF
STACY SKYLA this is so strange... I followed someones link to this vid, read and opened your link. Im a mom named stacy who lives in shreveport! Gotta be a sign to look into it
STACY SKYLA oh... But i cant pay money to get a job when i have no job. Thats just silly
It feels like...
Insurance.
Still watching in 2017, still mad as hell, still recommending this to anyone who will listen.
Still saying thanks!
I continue to do that same and share it wherever I can. Almost all disagreements about the problems we face as a society and as a species neglect the root cause of most of our problems. If the monetary system is not addressed, none of these problems can be fixed in the long term.
Nobody will listen. Even if everyone were to listen and begin to be aware, its too late. They could collapse the economy if they wanted to, and everyone will attack each other, black v white, just like they've always planned.
ancladoen1990 Share this video everywhere and like if don't have many social, at least on most VIEWED VIDEOS on RUclips pls. I started. Do you want to be a slave? Because this is Slavery. I'd rather die free than slave. Freedom in the first place.
Me too. Sadly, some won't.
this should be shown in all schools and collages every day for 10 years
I’ve been sharing this for years, snd of course I’m here for the banking crisis copy paste episode 4! I notice today you have revised with bank run! Excellent work Mike! Thanks for all you have done for my education. Fellow dyslexic.
I'm probably going to sound very condescending here, but what I find really heart breaking is how people can spend their entire lives working hard, and paying taxes, and yet never even ask the question: " what is money?" or worse yet get answers such as "it's what you use to buy things" or "it's a piece of paper with the Queens head on." both answers describe what it looks like, and how it's used, it doesn't answer what it is...
If everyone just spent 30 minutes watching this to get some degree of understanding to that very simple question, maybe, just maybe, it would make people stop and think for a second...but no, it's far more important to watch Britain's got Talent, then to think about aspects that directly affect every aspect of modern life.
Solution, watch this: ruclips.net/video/DyV0OfU3-FU/видео.html
so Mike, if hrc wins can I join your little PR colony?!!
Martin Hann the answer to what is money, is "paper"...that's all...if many can work together, people with many resources and people with little to no resources there won't have to be any panic, the main thing we need right now is a source of nonstop fresh water to start, seeds, power generators, bicycles(or something to create a spinning/generating power) ,I might have something u need and the other way around for every single person on earth...we cannot fight in arms, but we can't stand and wait to get shot point blank either, but we need to start planning bcuz we should be already had a solution planned out by now, we need intelligent beings, not just science smart but life smart people also,. good hearted people that are not scared to help the earth and people of this world, we need to put minds together now, if you have studied like I have and you know the plans as they start unfolding we cannot do this alone or with just one group, if you take this more serious than anything that's ever happened, u know what to do
It's simple money is thing we all agree has said value and we use it to barter for different things.
Ashley ASHLEYM yes, and when that piece of paper no longer has value, it'll go from being the simplest thing of "value" to the reason of world wars, murders, thieving, the poor, world wide chaos(in the making) , your enslavement,working most your life for a valued piece of paper, when there will never be a possibility of a thought of a doubt that there is no greater value in the whole earth than "life", we live for purely materials, and that's literally, yeah you might work to feed fam but everything after that you will have to realize it's for materials, and the quality of materials, instead of life and the quality of life is all that there is
Now I understan Henry Ford's quote, that there would be a revolution tomorrow if ppl understood how the banking system worked, I'm just pissed, I'll become a farmer if we don't protest tomorrow!
Bill Gates owns all the farms. He bought it using printed money from the Fed.
@@craig5261 wow this is very mind boggling so he's not supposed to use his own personal wealth how donyou certify it's all back by the printed money from the federal reserve?
Don't forget Thomas Jefferson's quote: "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property"
Fiat = Backed by debt
Debt = counter party risk
Bitcoin = no counter party risk
Gold = no counter party risk
My father used to say this wise words: if you don’t have money, you don’t have money. Don’t buy anything on credit. Just accept that you don’t have money now.
Thanks MIke. US Government teacher here. Informing my students that the FedRes is not Federal nor a Reserve. CNN informed students that the Fed is part of our Government and just about came out of my seat. Will use this vid with my class. BTW: voted for Ron Paul and love the Mises Institute learning.
Thank you and bless you! Please share this with other teachers!
You’re a hero! And I’m not even exaggerating, this education is so extremely important
You have no idea how happy that made me. Kudos to you for actually educating your students instead of indoctrinating them. We need more teachers like you.
If a politician does not talk about those who you are not allowed to critisize, he or she is useless or a traitor.
This is one of the greatest pieces of work I've ever seen.
Pass it on to all you know, it's time we let the cat out of the bag!
The bank makes a profit when the fed pays them interest on the reserves held at the fed? At 21:15
I don’t understand what does this mean?
Someone please explain
Thank you
a decade has passed and i still come back here to understand it.
just today a bank was posting jokes on fb, on how we should be restrained and responsible consumers.
they were super active, responding to every comment, but... once i posted this video, and asked for explanations..... total silence......
even the smaller employee at banks, are suffering from elitism and this is incredible that it keeps on going to this day.
we make so much noise about inequality and no one mentions this......
i live in a freak world....
somebody please stop the planet from spinning, i want to get off :)
this is class warfare, like Occupy Wall St.
this isn't about race, gender, or religion...
well there is a specific religion that is disproportionately responsible
either way, this is about the small group of rich people vs. literally everybody else
all rich people are in it together, they are all working towards the same goal:
keeping us divided long enough until they come up with a way to get rid of all of us
they are constantly in a race against the clock, against the movement, against humanity regaining its consciousness
they are scurrying to get all their scraps and get away before the giant has its great awakening
Buy bitcoin, it stops inflation. Everything is going down in price from the bitcoin perspective.
Mike I just want to thank you from bottom of my heart for this series i watched it so many times shared it with my friends. I will show it to my children in future (inshAllah)❤
Never in human history have so many been plundered by so few, and it's all accomplished through this... The Biggest Scam In The History Of Mankind.
The bank makes a profit when the fed pays them interest on the reserves held at the fed? At 21:15
I don’t understand what does this mean?
Mike please explain
15,000 likes! Holy Moly thank you all!
These series are timeless!
They still apply today! Thanks a lot Mike Maloney! May God bless you!
Wow this is eye opening. Thank you for the info.
so the real money is human labor.
You got it!
yes and this is why wage fixing is fraudulent. in a real free market economy it would not happen. the working class produce everything for peanuts.
Time, our sweat, skills, talent!
yes, that's why the minimum wage is 7.25 in the richest country on earth.
Leonsoeng .........understand that value is what something is worth to someone else. Human labor is worth what another will trade for to get a job done. Paper money is 'fiat' nothing more. Gold, silver, aluminum, copper, platinum and a few other metals are precious metals and become 'valued' by its scarcity. If I needed a dozen eggs and gave you a peck of green beans in exchange we are 'trading or batering' something of value to us. Human labor is usually what is used to make a 'profit' on our tradable wares. But it is just one of the 'costs' of production. You would have to figure in all that goes into production.
Your time is the most valuable currency.
Absolutely, the time in our precious lifes is the most valuable 'thing' we can own.
Your time & your skill
@@8271652 Skill can be developed but only because of time. If one is able to choose between either more time or more skill, time is always the best choice.
Time is an illusion
@Sound Money its probably a very good 1 though. Keeping him alive as long as possible to rake in his $$$$$
Thank you Mike. You taught me the hidden secrets of money. You deserve praise and applause from the whole world
I cant believe how hard this is to fully understand, had to watch this a dozen times but this is a very well explained video, thx so much
Nicki Minaj - Anaconda has 500,000,000 views. This has under 5,000,000. Only a fraction of people even give a fuck.
true dat, but they'll give a fuck eventually when they realize how much deeper into enslavement they've become..will be too late then.
+charlie guno No. They wont. They will just cry about not having enough money to pay for power to turn on the computer to watch the next "Anaconda" and drink a beer while jerking off ... this is humanity we are talking about.
+Jon Kennedy then humanity is well and truly fucked!!!
Free Inhabitant yeah, just look at the spartans, they took on hundreds of thousands of persians, lol...and an antichcrist king!!
The level of propaganda and it's sophistication combined with corporate media is completely debilitating. Can you really blame people for not wanting to know when the bomb is going to go off?
lmaoooo "This is the Federal Reserve in Wahignton D.C. It's located on Constitution St. And that is just as much of a joke as the New York Fed being located on Liberty St."
My favorite part of the video
And Andrew Jackson on the $20 is the coldest revenge they could pull. These people don't forgive nor forget.
The bank makes a profit when the fed pays them interest on the reserves held at the fed?
I don’t understand what does this mean?
At 21:15
Someone please explain
@@camelnut7014 the printed currency when held at the Fed for any bank still accumulates interest, just like your currency in your bank under certain condition can accumulate interest.
There was a sign just above "Constitution" that said "Evavuation." lol Perhaps a hint to the wise.
The kicker is... Washington D. C. isn't even a "State". Washington D. C. doesn't even have a star on our flag to represent it. How mind blowing is that? The buildings that control us all sits on foreign land that belongs to England and the Vatican. "BOOM"!, and people are so ignorant not knowing this.
Omg … I did not know any of this. THANK YOU SO MUCH. This a gold mine of information.
This video makes me want to cry on how evil our system is.
That explains why they fight Islam and demonize it in the media,God prohibits all of these moves ,if they let the Islamic teachings spread,their evil system will collapse on its own.
They actually think they can win against the creator,that is how foolish they are
You just realized that now? 😂
Realized it 3 years ago ser.
Zoran, look at the history.
Buy Bitcoin.
It is the best form of money and best longterm store of value.
It has a finite supply of 21 Million.
Nobody can create more of it.
After all these years this is still the best series i have ever seen. I have tried to tell smart people over the years to watch this series and just 1 person actually listened and it changed his life in more ways than one. Thanks Mike you are a real hero and that is no exaggeration.
Big up the Passaways crew 🥳
Fantastic video. Thank you for sharing your expertise and transparency.
Learning this will change your life, because it will change the choices that you make. If enough people learn it, it will change the world... because it will change the system.
***** The problem is interest. If banks were a none profit organization things would be a lot different.
You can not take back what the banks have stolen, however the government can do it by law and force the claim if they proclaim that the bankers have committed fraud by a retroactive law, that is actually the old law that was changed illegally.
The next banks would be maintained by the government as a none profit organization and there would be a limit to how much the bank would lend, with out interest.
You see the problem is not economics it is the law and the way it is enforced.
The bank makes a profit when the fed pays them interest on the reserves held at the fed? At 21:15
I don’t understand what does this mean?
Mike please explain
This series is a great re-watch during these current times. Just popped a bag of popcorn. Tell me more Mike.
I usually watch all videos 1.25x playback speed but this video series I left it on 1:1 and will probably revisit these videos in the near future!
@@SoloUpOkay Yes and yes, me too. I've watched #7 3 times since mid March. Maybe I'm just a slow learner but I get something new each time. And now I can explain it almost as well as Mike (I wish).
I got a headache🥶
Lmao.
Yes mike do tell us more. 🍿
The bank makes a profit when the fed pays them interest on the reserves held at the fed?
I don’t understand what does this mean?
At 21:15
Someone please explain
Incredibly well made. Thank you very much.
Great video...liked and subscribed. keep rockin
Thank you all so much, we just hit 4 million views. Please share this video and help us get to 5 million.
+Mike Maloney Let's make it happen bois 5 million is what we are after right now. share this video on popular pages and tell your friends and family about it.
+Clark Kent ... Oh amazing.. let me ask you a question. When Federal reserve receive the tax or debt paid by the government.
Do the FR destroy the paper notes of the principle and interest return from the gov ?
Or do they keep the interest and destroy the principle notes return ?
(a) If the FR keeps the interest paid by the gov then this note will be spent or deposit in someplace right mean it will goes back to the economy right ?
(b) If the principle and interest notes is destroy together than what do the FR earn ?
So please do your math. Correct me if i am wrong.
+Mike Maloney So much to think about here. Don't know where to even start. Any books suggestions?
+Max Tan you have misunderstood the concept. the FR is owned by banks as stockholders, the money isn't destroyed it simply goes to the banks. the 'imaginary' cheques/bonds are backed by the banks to an extent so they get the interest but since debt is only serviced and not repaid, there's no principle repayment
Great work .Sir!
Wow, this video just changed my life. I'm probably going to download the video in case it ever gets deleted,
how are you gonna download it ? I want to download it too. Will it work for an android?
Ace wolf use "RUclips downloader" its free and works a treat. I've used it for years.
Savefrom(dot)net is better.
almost atheist just like everything in life u have to leave some stuff and take some. i mean they can say whatever they want but nothing is ever 100% when theres only one point of view talking. u say it changed ur life but tell me what are u doing different now?
Absolutely brilliant,never knew things were so complicated and corrupt.
Love how this is explained 👏🏼
1776 x 1000 views - phenomenal to see so many folks sharing this important video. Thank you.
facebook.com/photo.php?fbid=10153903332245010&set=a.10153292020790010.1073741827.785460009&type=3&theater I was inspired to create a poster/meme based on the video.
facebook.com/photo.php?fbid=10153908082435010&set=a.10153292020790010.1073741827.785460009&type=3&theater and this one.
facebook.com/photo.php?fbid=10153896958125010&set=a.10153292020790010.1073741827.785460009&type=3&theater and this, getting carried away from the shock of the system.
facebook.com/photo.php?fbid=10153922556715010&set=a.10153292020790010.1073741827.785460009&type=3&theater and one more.
no sir, thank YOU :)
What i've learnt from this video: the banking system is controlling the world, not the government.
yes ur rite.....bankers run the whole world by dividing humans..
peoples? chutiya ..
The banking system = ROTHSCHILDS
+ Don Killuminati - The Satanic Black magician Bastards The Rothchild who manipulate energy (money). Its all about Control
They are only able to do so through massive government privilege and government banning us from using other money.
Definitely one of the most important videos I've ever seen. Worth watching a few times.
Thank you
this was absolutely mind-blowing
This video needs to go viral and be televised on national TV every night during primetime until people get it.
People are controlled by system why?
The Cyclical Consumption is the current economy all over the World. It is making the scarcity problems of the earth finite resources to deteriorate day by day. Current Monetary System is legalised theft. Real money is Gold and Silver. Scarcity gives the money more value. Real money won't lose it's value. When Governments stay away from Gold & Silver then very easy to transfer the wealth / resources to upper class the Rich (Corporatocracy) Elite. When the Governments are printing out more new fiat currency with reserve banks, our old currency is losing its purchasing power everyday. They are printing millions of currency everyday. All governments and laws are existing right now to transfer wealth to upper class the rich elite. The USA Government & other Governments are in many countries, bailed the investment banks & financial institutions in 2008 against the majority of the people. There is no democracy in any countries. Because of the Money System based on profits motive only above all else even humans lives and well-being. So, we do not have freedom to protect our values with the money so on. The violence, bankruptcy & all the negativities are build into the Monetary System of our society. All are owned (including ourselves) by Reserve Bank. Which is private cartel the corporation. So, in legal system, we are legally considered as chattel the properties. They make money in the capital markets with our birth certificates. They do not consider us as Humans. That's the truth. We are at the invisible war with the Elites (Corporatocracies). We have to fight for our Freedom. Resource Based Economy is the Solution. We have to declare the earth resources as the heritage of all the people of this world. So everyone has access to it. Please have your research about zeitgeist movement then you know the truth more.
If you love anyone for reasons then you love the reasons but not that person. Love all serve all. We can not separate anything from everything means all are different but the oneness. All depend on each other. All are connected. Focus on what is focusing on so you only. Real thing can not be threatened by anything. Whatever you accumulated; is not you. So whatever you call as “my” my body; my mind etc. Nothing to worry just be in stillness. Very happy and very sad produce chemicals in our brain so stressful without balance. True happiness is sharing and living harmony with everything. Only time truly you are okay when you are okay with everything then everything is okay but it doesn’t mean everything will stay the same but everything is changing. Enjoy life as much as possible and as much as you can. Believe in fiction but know facts. don’t believe in facts. Seriously BT
I am a state legislator, this is so very true. I would love to go back to real currency!
God save the republic 🇺🇸
if you've been in the political structure of this nation then I'd recommend you look into making it so that all people on earth have control of their own lands meaning where their people came from their indigenous to. That would get rid of the parasites on top of all of us.
Back to the Basics 101 well said
Vote another Kennedy in office.
You mean swap from a worthless hollow paper currency to real money
Patrick Mcghee
I mean trade in commodities, like our founding fathers originally intended. If this is done it stops or evil banking schemes from happening.
The best educational video Ive ever watch. Will share it amd a must.
One of the single greatest videos I've EVER seen! 😉 Thank you SO much Mr. Mike Maloney! 💙🙏
I feel like my head is growing bigger and bigger watching this series😅😅
One of the best thing discovered on youtube ever ❤❤❤🇳🇵
Please all spread this to all your families and friends. ALL have to understand this!
the fraudulent mechanisms of banks are understood. For more please read Michael Tellingers "The ubuntu principe"
I see quite clear, that this world is addicted to money, which is man made bullshit, to enslave the whole world, and destroying the whole eco system trough its poison :-(
this episode is just amaaazing ! thank you so much
Every few months or so 😁
This is my favourite episode 😆💖
More dots connect every time I watch this series 🤔
Thank you Mike! Hope you're well x ☺️🤗💖
MINDBLOWING! This is by far the best video I've seen about the enslaving monetary system. Now it's up to us people to spread the word all around the world and break free from the enslavement of mankind.
Thank you.
Just remember everybody, that "money" is only a means of exchange; nothing more or less. Ancient Rome used salt as a form of "money" or "currency." That's where the word, "salary" or term "earned his salt" came from. It is whatever humanity decides it to be; NOT a bunch of cockroach international banksters who own the central bank. For those who don't know who the International Banksters are, please watch "The Money Masters." It is totally mind blowing and gives you hidden American history along with "Century of Enslavement: History of the Federal Reserve."
delyparker777 but that was acient times. they didn't have internet or got nearly as close as we are now to it
ToxicRnR teg
Its up to us so buy some bitcoin
Last year my son bought his first fixer-upper house and had to pay 100,000 over asking because this is what the market was dictating. Now their variable rate mortgage went up 4% while house values are declining. The bank says; don't worry, we will just increase your amortization. As a family, they have a combined income of 170 a year and they are now stretched to make ends meet, gas, groceries, heating, maintenance, daycare have all increased with inflation. This is becoming a common story and it is simply tyrannical that our system has come to this point while the banks and Wall St. are making obscene profits year after year. Money is meant to be used as a means of exchange, not as a means of enslavement.
It is slavery pure and simple.
$170k is the average income one person needs in 2023 to maintain an average lifestyle. I added up all household expenses to see how much it would total to. In a high cost of living area it would be more just to maintain an average lifestyle. It is crazy that most people can’t afford housing anymore. Most people aren’t making anywhere near 170k. I can’t afford housing. I can’t ever own a home. I can’t afford basic needs. I can’t pay off my student loans. I can’t save to replace my vehicle. What is the point of going to work if you never have anything?
Such a great video. Excellent job.
Excelente vídeo! Valiosa información! Muchas gracias 🙏🏼
I watched like 4 times and had to do some separate research on the side to put everything in context and I think I finally get 95% of it. Whoa 😳 mind blowing 🤯
The bank makes a profit when the fed pays them interest on the reserves held at the fed?
I don’t understand what does this mean?
At 21:15
Could you please explain since you did research
@@camelnut7014 Primary banks hold some of their currency reserves at the Fed. The Fed pays interest for those Reserves.
5% to go. Hahaha.
Watch "The man who fought the bank".
That is the ultimate red pill.
@@itssteve6018 The Fed is nothing more than a group of private banks....its all a huge scam.....
Stealing has always been one of man's greatest past times. The only problem is that thieves hate it when others steal from them. It is the honesty of others that the thief depends on for his sustainance.
It is easier to steal now because people are getting more and more ignorant.
In passed times people knew how to spell pass times.
Steal from anyone in jail and you will get your head kicked in!!!!
Stealing is man’s oldest sin. Adam took what belonged to God, and the consequences was been sent away from the presence of God. Later "Thou shall not steal" was codified in the Law of Moses to Israel. Jews loved money, even turned God's Temple into a money market, that Jesus wiped them out, they hated Jesus for it. They want Jesus to head their conquest for control, which he denied but they found partners who loved money too, to help build the world's false banking system through usury and slavery. But what has beginning also has an end. Many are waking up, from being just consumers to embracing our collective destiny as children of the living God, and heirs together with Christ.
Best illustrations and explanations I’ve seen so far. ❤
Amazing video. Thanks! 🙏🏼
Hi folks, next stop - 4 million views. Thanks for sharing.
Thanks Mr. Maloney, Excellent teaching video of our Fiat Debt based Dollars.
Thank you Mr. Maloney for creating this episode, I have shared this with the majority of my friends and family. My family is hesitant to watch your videos because they willfully don't want to know the truth. I have showed this to my friends and they tell me, " Thank you Brian for showing me this, you opened my eyes". Mr. Maloney I thank you from the bottom of my heart for exposing this truth about our current monetary system. I am doing everything in my power to share this video with everyone I meet. Thank you & God bless. You have changed my life because you put out this information. I'm in college right now, and during my Macro Economics class, I expose lies in our textbooks because of you & I tell people about your RUclips series. Thank you for making your series Easy to understand and interesting to listen to. I appreciate you for doing this.
Sincerely,
Brian Concepcion
Aaron Gonzalez I'll be a sophomore in college this fall, and I refuse to take an economics class because all the lies and unnecessary complications annoy me that much. This video is teaches economics in a basic way, yet schools saturate lies on top of lies making something that can be very simple purposefully complicated.
@ktipbomb I just finished up my economics class last week. I told so much truth in that class i kept quiet towards the end of the semester because my grade or (GPA) in the class was suffering. I skipped class the first week of classes, and I hated the class because the textbook made things so complicated to understand. Because I have been watching Mike Maloneys channel for a year now, I exposed in my class the difference between "money & "currency" . I regret not showing the class the truth about the "federal" reserve. I whole heartedly regret not saying that because my grade was suffering in that class because I hated it & my dad forced me to take classes in the summer. I saw a lot of the lies in the textbook, and I would point them out to my friends, they would be amazed that I could show them it. I thank God every single day that we have Mike Maloney on this Earth to explain this to us in a very easy fun interesting way. I got a C+ in my economics class tho LOL, but, I'm still the smartest kid in that class because I learned (TRUE ECONOMICS!!) From The man Mike Maloney. God Bless You Mike! @mikemaloney
Mike! Big fan here and fellow American. One question please?
I'm 25 and relatively ill-funded. What is the biggest thing I can do to get on the winning side of this monetary exchange before it occurs? I aim to buy as much silver as I can afford.
can u add some of the Indian languages in subtitle section ,Especially language's like Hindi ,Tamil etc will help a lot .India is being a country of huge population they do need awareness on this.
+vic ky You can do it if you have some spare time: support.google.com/youtube/answer/6054623?hl=en
+Mike Maloney Sure mike i will . Thnx for ur reply...... KEEP INSPIRING US
+vic ky It's a great idea! You're doing your country and the world a service. thanks.
+Sumanth Chowdary The Bank of England was supposedly Nationalised too, but that does NOT alter the original Letters of Incorporation Bank of England Act 1694. Read the BOE bank notes - They say "The Governor and Company of the Bank of England". What do you imagine they mean by that? ReMember banks pay for government -GOVERNMENT NEVER PAYS FOR BANKS
It's another Shell Game -
+Sumanth Chowdary If the goverment is in aliance with the financial system, the system letit be public or private is still corrupt,I invite you to investigate the BILDERBERG GROUP AND THE ROTHSCHILD FAMILY.
we watch these videos in real estate class and wow this is such an eye opener. Learning so much through these videos!
Well done, this is by far the best presentation of how this beast matrix works! Very well done with the graphics and images to get the points across
It's been 6 years since I watched it in the first place, and it is still keeping me aware of those scams.
This was the most informative video ever created I absolutely revere it
+ alueshen how so? Can you come with facts and not assumptions?
Theres a funny one called "The collapse of the American dream explained in animation" It doesn't go as far into detail as this video does, but, it does a damn good job of explaining it! Plus, it's funny in a sad sort of way....
Fuck the fed...btw...it should be destroyed
Indeed.....extremely well done.......I was so ignorant of the banking system, it was only a few years back that I learned about fractional reserve banking......but you can certainly see why the "powers that be" want to keep us ignorant about how the banking system works.....If people knew how the system worked, we wouldnt be in quite the mess we are today.......and the Fed Reserve would have been given the heave long ago.....
So it's even worse than what the video depicts
Awesome video Mike and great to watch it again after the bank failures in recent days. Funny how those safe government bonds have now become the toxic assets that cause banks to become insolvent!. They should have put their excess deposits into gold.
I am very interested and also invested into insurance/financial companies and Fractional Reserve Lending makes me love this business model even more! I thought they mostly use the deposit money for short/mid term bonds with higher interest rates than giving to the depositor, but damn this way of creating money out of thin air is insane! I wonder if the insurance industry makes similar tricks and what are they called.
It's not exaggeration to say this is one of the most important videos ever created.
NOOOOOOOOOOOOOO, this is the most stupid video ever created. nobody can do anything, the government has the power.
1.5 million views, 18,000 likes...countless eyes opened to the biggest scam in the history of mankind. Thank you all so much.
Well Done Sir 👏
We THANK YOU! you are men of God, who bring awareness
Thank YOU, sir. Im 19 living in the Netherlands and you, my sir, have my full attention. Im learning so much thanks to you. Im planning on going to buy my first physical gold in a few months.
8.6 million now
@@gorkemtuncer5154 same here, but what about digital and sovereign gold.
Wonderful! Well presented clear , concise and informative above all correct, thanks I have waited all my life for this information yet I didn't know what it was I was waiting for. Thank you again I can't thank you enough.
I have limited resource for investment I'm afraid thanks for taking the time to message me though
@@MIKEMALONEY603 I have no spare money to invest I'm sorry thanks for the offer though
Great JOB... PLEASE DO MORE.
so basically, the government is just a 16yo girl with a credit card, who goes on a shopping spree without thinking about tomorrow?
I first came across this in early 2016 and I’ve watched it probably 20 times since then. Each time I watch it it blows me away how this is more of a prophecy than an explanation
Wow! This is the best presentation of this system. Should be taught like this in ALL schools!!!
Thank you
I hope more people will share this video with others. It is informative and educational for all to benefit from. Thank you.
Why? What difference will it make? Knowing the fundamental flaws in a system doesn’t change the fact it has been an integral component in providing the highest living standards in human history.
This should be mandatory viewing in schools, along with “Money masters - How international bankers gained control of america”
People don’t realize The Federal Reserve Isn’t Federal And There Are No Reserves
@@AlbionTarkhan but if enough people know and fight we can actually easily change it (which they have done in anerica once in the past) look it up iddd you vw
April 2020 - more relevant than ever- share !!
Welcome to 2023. How long will this continue?
Until most people become smart enough to understand this
until an authentic revolution happens
Until the Federal Government stops pruning the Money Tree and giving it to those who don't put anything back; you know the lazy ones.
That's how rich are going richer & poor are going poor-er.
And forgot the corruption.
can Crypto stop inflation?(picked from comment section, though i don't have explanation of working of it)
Btw, this is most easy explanatory video of current financial system.
Fun fact- now some govt. Also IOU gold bonds.
Banskter is the correct word for it.
The fractional reserve example is incorrect. If you deposit $100, the guy said assuming a 10% reserve requirement the bank keeps $10 as the reserve and loans out $90. Wrong.
If we are talking $100 in federal reserve notes, the bank deposits the full $100 in its reserves in its reserve vault or its reserve account at the Federal Reserve. The $100 increase in its reserves allows the bank to loan out an additional $1,000.
If it's a $100 check, the check is sent to the federal reserve and deposited in the bank's reserve account and once again, the bank can now lend out $1,000.