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Mr. Eisenstein seems very confused

at 3:48

"but basically economic growth means that you have to find something that was once nature and make it into a good, or was once a gift relationship and make it into a service. You have to find something that people once got for free or did for themselves and for each other and then take it away and sell it back to them, somehow."

Sure, the current monetary system is unsustainable and unjust, but money per se is not a problem. His Gift Economy sounds a lot like widespread charity.

The point he is making refers to the present.

He elaborates on the point in his writings, and in some of his other youtube videos, but this is basically it:

Once we had monetized all of our natural resources, we began looking for other sources of making money. Prior to radio, people sang and shared music with one another outside after super. Once music could be recorded and broadcast, that tradition was lost. When I was a kid, we all played outside together; everyone watched out for each other, and it was free. Nowadays, kids play alone inside with video games, which costs money, or in organized sports leagues that happen in distant locations. Parents have to buy uniforms, equipment, and gasoline to drive their kids back and forth to events; all of which costs money. What was once free, now costs money.

"Money and the turning of the age"

I heard this few years back, it's taken from his writings. I think we could find a lot of common ground with these "new age" types.

http://bit.ly/moWB0K

Conversation or the counterfeit version?

"I'm only adding it to start a conversation I believe is worth having."

It may be a good idea to rethink the following:

"I know, the economic concepts Dr. Paul espouses have a proven, historical context; yet, somehow "sound money" was manipulated to a point that everyone abandoned it, believing our current system would be better!"

That is hardly the case, the Legal Banking Monopoly Fraud Business has been a very well kept secret that the super majority of people haven't the faintest clue as to what it is, who invented it, who produces it, and who maintains it.

Those who profit from it can be found, easily, by following that Fraud Money to the source, but very few people are looking in that direction.

That is why this is a vital topic for discussion, leading toward effective remedies such as:

1.
End the FED
2.
End the IRS
3.
Bring the Troops Home

Joe

Pre - 1913

The historical context of "sound money" I'm referring to is the one we had BEFORE the current Federal Reserve Bank was established. If I'm not mistaken, President Andrew Jackson killed the "Second Central Bank," which preceded this one.

Somehow, the market had been manipulated to a point that there was no public outcry when the current Fed was established years later.

I am COMPLETELY on board with ending the FED CENTRAL BANK NOW! I just don't want to replace it with a system that has inherent fallibilities.

I dont understand what "inherent fallibilities"

I dont understand what "inherent fallibilities" your speaking of, if you could clarify.

As far as i know, there are no fallibilities in a free market, period. It's survival of the fittest in its truest form.

Regulation and corruption is the only way to break the system and make it fallable.

It's like the stock market, it fluctuates around a 20yr cycle, up down up down, every 20 years. Same thing in free market, a store will do well until another store competes with it. Both stores struggle to keep up but the winner comes out alive, the loser closes shop, and the winner starts doing really well, until another competitor comes in...and the cycle continues. Up Down Up Down.

Taxes and regulations are the only thing im aware of that corrupt this type of system because it takes away from the money needed to sustain itself.

However i may have overlooked something, so by all means explain...

Responsibility is individual

"Somehow, the market had been manipulated to a point that there was no public outcry when the current Fed was established years later."

If you can explain what you mean when you use the words "market" and "public outcry" then your perspective can be discussed reasonably.

I think it is very important to get past a few misconceptions concerning the power struggle as it is, rather than as it is falsely measured.

Joe

" 1. End the FED 2. End the

"
1.
End the FED
2.
End the IRS
3.
Bring the Troops Home
"

Not necessarily in that order.

"The United States can pay any debt it has because we can always print money to do that." — Alan Greenspan

Cyril's picture

+1 Yes, and all three items required for sure !

Yes, and all three items required for sure !

Whatever the order is.

Nothing costs more than WAR, in LIVES AND MONEY.

The ugly truth:

a) UNDECLARED WARS = 1000s deaths of innocent people EACH DAY + Millions $$$ BURNT per day as well, on the tax payer's back; see (b)

b) IRS = T H E F T, legalized by crooks in suits and speaking in Congress, BETRAYAL of The People

c) Fed = the 100 year old INFAMY which enabled BOTH (a) and (b) and HUNDREDS of other crimes against LIFE, Freedom, and property.

ONGOING DAILY.

Because when you start to COUNTERFEIT money, you deny its natural demand/supply value and it allows you to manipulate the exchanges, and pick and choose the conflict of interests on the markets, that best suit your own agenda ; e.g. :

http://www.cfr.org/about/corporate/roster.html

That is, the PEAK of contempt for Humanity and human lives, seen as a gameboard of the game you play in your elite clubs.

Only the corrupt don't want to admit this SCAM against Humanity and human compassion, and only the idiots can't read and learn about it.

For Liberty.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius