Nicholas Leippe wrote: > It boils down to two problems: > 1) Privately owned central banks loan debt-based currency to nations. > (Private banks can wield control over it's debtors. Don't be daft > and brush this off as "conspiracy theory"--there's no theory to it, it > is fact.) > 2) Fractional reserve banking allows banks to control the money supply. > (Thus they can facilitate transfers of wealth to them--the rich get richer) > > There are very specific, factual examples of this in the documentary, > relevant > to us today.
I will be watching this little documentary a bit later (and I'll keep my salt shaker handy in case). What's interesting is that the solution is spun as being "socialist" or "anti-free-market." I mean the government's involvement with anything is wrong. Interesting that Libertarians call for a return to the gold standard, which would have the effect of nationalizing the national reserve (not necessarily a bad thing) and require explicit government control over the price of gold. /* PLUG: http://plug.org, #utah on irc.freenode.net Unsubscribe: http://plug.org/mailman/options/plug Don't fear the penguin. */
