hmm "Dollars and Sense" Produced in 1975 by The John Birch Society
|love's out of d Question (OP)|
User ID: 1134101
10/23/2010 02:11 PM
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comments under the video:
"Can't believe they knew all that﻿ in the 70s and couldn't avoid﻿ it now. This shows how media can direct people's attention away to worthless stuff!!!"
"This video is correct. Most people out﻿ in Youtube look﻿ at the increase of credit as an increase in dollars in circulation. Truth is, there has not been an increase in dollars in circulation. There has been an increase in credit/debt. The problem is, if banks can't lend, and if people are unwilling to borrow, creating credit is useless. This is what is going on now. Dont expect inflation any time soon."
"This is very interesting﻿ in the face of the current occurances. They already saw it coming back in the days. I wasn't even born when this film was recorded. The IMF already took over. It is changing huge amount of US treasuries and other countrie's bonds to SDRs every day. I guess not even 1%﻿ of the western population can imagine what that means. They aren't even aware of it and they aren't interested either. Not even my fellow students who study economics. It's a shame."
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|Related Topic: Society (General Interest)|