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Film Synopsis:
THRIVE is an unconventional documentary that lifts the veil on what's REALLY going on in our world by following the money upstream — uncovering the global consolidation of power in nearly every aspect of our lives. Weaving together breakthroughs in science, consciousness and activism, THRIVE offers real solutions, empowering us with unprecedented and bold strategies for reclaiming our lives and our future.
@mrblack61 research the definition of the word “debt”. Banks cannot create money without the will of the debtor to repay the amount created. There would be NO banks if there was no money because there would be NO DEBT.
@chotaboy66 With respect, your making something that is very simple appear complicated. No consideration could be termed as ‘nothing’.
@venuecam Thats not strictly true as i understand it. Banks can create money in 3 ways:-
Extending credit (making a loan to you and me)
Issuing and overdraft.
Purchasing an asset. (which requires no debtor)
@mrblack61 On the contrary it couldn’t be any simpler than ABC , banks give up NOTHING of their own is any ALLEGED loan to one of us ?,
A) Banks give up NO CONSIDERATION ,, WE do proving we create money on conception & WE are the true creditors
B) All banks steal & launder the principal by confusing our own promissory obligations we have to each other falsifying a debt to the bank
C) Interest charged to us terminally depletes circulation that only ever consists of some principal at most:)
@mrblack61 Actually there is no loan from any bank rather a theft of circulation if the bank gives up NO CONSIDERATION in any ALLEGED loan to one of us,reality is the banks don’t create money WE do by issuing the first thing that has the only consideration of value which is a promissory obligation or note & the true creditor is one who gives up the property in any ALLEGED loan WHO is denied the interest ?. No money EVER comes into existence until one of us issues our own promissory notes FIRST.
Hey if you want to get bogged down in half truths and capitals who am i to argue! 🙂
Im not sure why you are so anti Bill Still etal, I had a look at ‘Mathematically Perfected Economy 1/5’. All the reformers are singing from the same hymn sheet. soo why the hostility?
@mrblack61 Extending credit (making a loan): Pledging future earnings of debtor based on labor.
Issuing overdraft: See “Extending credit” (one and the same).
Purchasing asset: An asset is a form of capital or security. It is no way a form of “money”.
Explain again how banks “create money” without any of those debunked explanations…
@mrblack61 book keep ledgering and derivatives are a far cry from simple. Next time you visit Wall Street, please, ask someone to explain derivatives “simply”. I dare you.
@venuecam debunked!? :D. Tell you what, why dont you read ‘Where does money come from’ (google 1908506075). The foreword is written by Charles Goodhart (you might want to google him too).
Its hard enough to get people to engage in the subject anyway without presenting it in your confusing manner.
@venuecam At its core money creation is simple!
“The process by which banks create money is so simple that the mind is repelled.” John Kenneth Galbraith.
As for derivatives! I have enough of that BS every time i boot up my MT4 thanks! 🙂
@mrblack61 Thanks for the quote, which in itself justifies the absurdity of the claim that banks create “money”. If you mean they create a form of payment, then yes they do. It’s called DEBT!. Banks create DEBT, not money 😀
Please find out about “USUARY” and INTEREST on principal. That’ll shed some more light on how DEBT, sorry “money” (by banks) is created 😀
Eh! no it doesnt! xD.He states that “banks create money” and that the process is “so simple that mind is repelled”. is your mind being repelled?
Money,(our current unit of exchange) can only exist (be created) under our present system as an interest bearing debt,atm one cannot exist without the other.
Usury is the application of interest! fair or unfair.
Anyways,i think we might be wasting eachothers time here eh :),so at this point,im gona wish you all the best.
gl
@Kinlywarlock
A lot of people think that way haha, society so far has been one that tries to cling onto things, its why old people generally lose touch with technology and the like, because they’re comfortable with what they know. Not surprised your parents feel that way, its been drilled into them for how many decades? So at the moment I’m placing my hope in the generation of today, because they’re going to be exposed to the failure that is this system as it collapses.
where can i watch the full interview?
@Kinlywarlock Well said! Money has absolutely NO value (neither does anything that we label as value) True value is air, water, food, & the ability to reason, imo. But ppl r still asleep today, sadly enuff. The saying from ur grands/parents/family is still being told to all & yet when one wakes up & asks questions as to why it has to be so, they r ridiculed, ignored, or stamped as an imbecile. As for family not caring, just (if u have any) teaching ur kids about the important things in life;).
pay off your house what a joke
lol these people have sucked the life out of society all there lives look at him what a creep
Your comment is ignorant.
Did u know the site is not working!!!