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Originally Posted by Jinn
As valid or invalid as this video may be, I cannot watch something made by the same raving lunatic that made the first one. He would have to be practically foaming-at-the-mouth crazy to outright lie with as much regularity as he did in the first. An arguable stretch of the imagination is to believe he doesn't feel that he's lying, but then I'd have to conclude that he's an undereducated simpleton who jumps large logical gaps to arrive at this points. I imagine that this video is the same "the sky is falling" mentality, with a little bit of 'secret society', 'us vs them' and new-world economics thrown in.
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That aside; you obviously did watch the first one, right? The third chapter of the first one dealt with the monetary system. So the explanation of a fractional banking system, reserve notes not backed by anything, and dollars with automatic debt attached from the moment its printed is BS? If the explanation was true it would mean the American population is in a never ending state of perpetual debt with the current monetary system and by design would never be able to satisfy the debt because the very notes (now in the form of simple electronic credits) used to pay the debt also have debt. The FDIC is not insuring in gold, but reserve notes correct? The way this guy explains it he does sound like a lunatic because it would truely mean there is secret societies and us vs them. As far as new world; his history must also be shakey because he states the Central Bank belonging the the King of England was one of the primary reason the colonists revolted, making it not so new. "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. "--Henry Ford
Im not saying you are wrong but to express him to be a mouth foaming raving lunatic liar with such clarity promotes it to be you are the person with the answers. In regards to his explanation about our banking system- its all bullshit?