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Crash Course: Chapter 8 – The Fed & Money Creation by Chris Martenson

Chapter 8 (The Fed Money Creation): Chapter 7 explained money creation via money loaned into existence by banks, on the local level. Chapter 8 explains money creation by the Federal Reserve, where we learn that it is manufactured out of thin air. Perpetual expansion is a requirement of modern banking. The banking system MUST continually expand, because that is how it was designed. By understanding the requirement for continual expansion we will be in a better position to make informed decisions about what is likely to transpire and take meaningful actions to enhance our prospects.

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Duration : 0:7:23

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Crash Course: Chapter 7 – Money Creation by Chris Martenson

Crash Course Chapter 7 (money Creation): Understanding how money is created provides a foundation for appreciating the implications of our massive levels of debt, because it tells us how that debt came into being. As John Kenneth Galbraith once said, “The process by which money is created is so simple, the mind is repelled.” Dr. Martenson walks us through this simple process of fractional reserve banking.

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Duration : 0:4:20

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Crash Course: Chapter 12 – Debt (1 of 2) by Chris Martenson

Chapter 12 (Debt – Part 1 of 2): Dr. Martenson explains how, since debt is a claim on future money, it is therefore a claim on future human labor. To put it simply, debt is future consumption taken today. Key Concept 7 is introduced, that “ever-growing debts implicitly assume that the future is going to be larger than the present.” Dr. Martenson challenges this assumption, and what it means for us if that condition of growth is not met.

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Duration : 0:6:8

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Crash Course: Chapter 6 – What is Money? by Chris Martenson

Chapter 6 (What is Money?): What is a dollar? Sure, it allows us to buy things like food, cars, and iPods; yet, most of us don’t really understand money beyond that. Dr. Martenson not only provides an understandable definition, but also explains what gives our green pieces of paper value, and what dangers any currency must face.

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Duration : 0:6:17

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Taterz2007 – 570m Cash Made In 10 Days + Pking With Friends. How To Make RuneScape JiggaBills.

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Honours for this video (2)
#32 – Top Favourited (Today) – Gaming
#74 – Top Rated (Today) – Gaming

Ever since I got the big drop in this video, I always wanted to make a video about it or have it involved somewhere, Originally I was going to do a ‘Road to Elysian Sigil’ video, showing all the sigils i missed before getting lucky myself. But yeah this was a bit more fun I think.

Btw, if you have any debate about the dates of the pictures or whether they are mine, feel free to come to #clanuw on IRC and i will gladly show u ANY picture.

Reason for my lucky drops 76k’ing: As my closer friends know, a few months ago i got DDOSED for full bandos and an ags in Bounty Hunter, give Vegetakid credit ;D… So my drop pot was high, and I think its fair to say i more than recouperated that loss.

Enough blabber, enjoy the vid.

Runescape is the properly of JaGeX, this video has no intention of profiting/gaining anything commercially. The music by Creed and Linking Park is legally purchased, and hopefully will be seen as free advertising. Good Day :)

Duration : 0:8:56

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Crash Course: Chapter 12 – Debt by Chris Martenson

Chapter 12 (Debt): Dr. Martenson explains how, since debt is a claim on future money, it is therefore a claim on future human labor. To put it simply, debt is future consumption taken today. Key Concept 7 is introduced, that “ever-growing debts implicitly assume that the future is going to be larger than the present.” Dr. Martenson challenges this assumption, and what it means for us if that condition of growth is not met.

http://www.chrismartenson.com

Duration : 0:12:33

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