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What Happened to The End of The Road: How Money Became Worthless
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Instant Karma |
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I'm not sure what you guys are talking about. Their website works just fine on my computer. Looks like an interesting film. I might even buy a copy.
Quoting: JerryGraff67 5774281 It was down yesterday. Looked like their account was disabled. I watched the video. The main point was that the current monetary system is a Ponzi scheme. It requires exponentially increasing debt to avoid collapsing. This results in perpetual inflation. Paying off the debt, as many conservatives advocate, would completely collapse the money supply. The answer is to abandon the debt-based system and forgive most of the debt. Governments would print their own currency free of debt or obligation to the banks. The video talked a lot about going back to a gold standard. I think that's where they're wrong. The system was still a Ponzi scheme even when the reserves were partially backed by gold. The gold acted as a brake, but it was never a sustainable system because it is debt-based.
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