Money & Banking, what do you know about it?

[Powerdon]

Here's two movies that talks about the side of Banking they don't tell you! And it talks about the history of Banking and Money! About Fiat Money!

FIAT MONEY (the money that's in your Pocket!)
"Fiat Money is, Money that a government has declared to be legal tender, despite the fact that it has no intrinsic value and is not backed by reserves. Historically, most currencies were based on physical commodities such as gold or silver, but fiat money is based solely on faith."

And how DEBT is nessasary for the economy to be stable. Plus it gets into much more info! TWO MOVIES this time!

Money As Debt (2006)
http://www.megaupload.com/?d=WPSCWF28

Finance & Monetary History (2002)
http://www.megaupload.com/?d=HOUPRM06

Both are worth a watch!

[iglindac]

that was very informative.
where do you get this from?

[Powerdon]

Man, "the unknown" is my thing!!! I have tons of vids from many sources. I'm just really interested in thinking and ideas that contrast, which you may find out is the way it really is!

Much of this is very basic! But kept from you, because it needs your ignorance to be successful.

[ApollosWorld]

I am subscribing to this thread. I don't have time to view them but sounds very interesting.

From the description you gave I know what they are talking about but not how it all began.

Thanks again.

[shyaam]

a must watch by all.....how our government is ran.:wall: