Money as Debt - Fractional Reserve Banking part 4 of 5

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Information Money as Debt - Fractional Reserve Banking part 4 of 5

Title	:	Money as Debt - Fractional Reserve Banking part 4 of 5
Lasting	:	9.31
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Gold & Silver are money, all fiat currencies are debt Can gold & silver be money again? You be the judge, but I'll tell you that I use it as money today and I am not in fear of inflation, fees or demonetization such as happened in India in 2016 and that which is happening all over the globe It has happened here in the US more than once in the past 80 years Checkout my rebuttal video and the links in the description youtube/B4kaS_v3MsI
Comment from : Yasin Ahmad

The concept of FMC (Financing through Money Creation), which is actually how MOST money is created, is easily understood given the following example We only need a single bank that represents the aggregate banking system This story does not start, but ends, with a saver making a deposit It starts with a borrower, Investor A, approaching the bank for a loan - in the form of money, not goods If the bank considers the credit risk of Investor A acceptable, it will enter into a loan contract When the loan is entered into the bank’s books as a new asset, a matching deposit is simultaneously entered as a new liability The bank has created new purchasing power, money, through lending Both the loan and the deposit are in the name of Investor A, which means that this transaction involves no intermediation of loanable funds whatsoever Investor A now uses this new deposit to acquire a newly produced machine from Investor B, by transferring the new money in his account to the account of Investor B, in exchange for the machine We assume for simplicity that Investor B leaves these funds as a deposit in the banking system At this moment, Investor B becomes a saver But what we want to emphasize is that Investor B’s saving is a result, not a proximate cause, of the loan, and of the investment
Comment from : Frank Tygart

Thank you for this Always wanted clarification of my perceptions and you have done thatcheers
Comment from : mirimar69

This is where you go wrong "Yes, let's rely on the government to solve all our problems" When you classify the government properly you understand how insane that is Government is a group of individuals who claim a monopoly on the right to initiate force within a given geographic location I appreciate you explaining fractional reserve banking to me, but please keep your ignorant and dangerous reliance on the government to yourself It's not going to help What we need is total decentralization of money and currency production that allows for proper competition between lenders and a system that anyone could begin lending in Anyone should be able to start a bank Bitcoin will allow this Just watch
Comment from : Makeshift

Great job on this And the quotesscary
Comment from : 51MontyPython

"Money" is a commodity that provides a means of equitable xchange during transactions In other words, it allows buyers and sellers to place a tangible value on something ethereal, namely how much effort it took to produce products or services Austrian economic theory combined with non debt backed "money" would b 1st step Forget Keynes
Comment from : mdlafayette

Nope It's the Rothchilds There are only 3 countries left where the Rothchilds do not own or control the central bank Iran, North Korea and Cuba Libya and Sudan was crossed off the Rothchilds list just recently Guess where the next wars will take place
Comment from : DarkcowboyDK

You are thinking in a way that money is created and distributed in a different way that love should also be distributed equally which is obscene just as distributing money equally as you are saying Just because you make a beautiful video doesn't mean your idea of money distribution is correct, young man We should aim for a exponential growth of our economy not a sustainable economy where no one has enough money for anything as you suggest You even forgot what is inflation You aren't smart
Comment from : surangasa

And it's also necessary The Gov does this through bonds and other practices to help follow the principle of keynesian economics The guy in the video is way too cynical about it It feels like the whole "ILLUMINATI" nonsense you constantly hear about
Comment from : ButtHurtStallion

Um Canada's central bank, the Bank of Canada is owned by the Government of Canada It was created in a private entity in 1934, but in 1938 became a Crown Corporation run by the government of Canada Technically, the Royal Family own the bank, but it's Parliament who runs it
Comment from : TheShal

@rightsideofhistory If you listen carefully, your literal interpretation of what is being said in this video is not correct The video says to *counter* deflation, the government would in effect, increase the money supply You're saying the same thing as the video, it is simply using more real world terminology to get the point accross
Comment from : FIXIT

The writers of this video series didn't really understand what inflation & deflation are At least not how they are portraying it in the video (1:40) Deflation is NOT the "phenominon" of lower wages and falling prices It is the *circulating money supply being shrunk* (dollars in existence - being shredded or destroyed) Movement on prices is *incidental* to deflation Inflation is expanding the money supply (printing), deflation is shrinking the money supply (shredding)
Comment from : rightsideofhistory