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Post by ramblinman on May 6, 2013 16:21:52 GMT -5
money = debt... WHAT? how does it work. well, it's so simple it will amaze you.
i posted one of these vids in another thread that was locked/moved. i assume it was locked for another reason. i don't think these vids are too controversial to post here so i am starting a new thread for anyone that is interested in how our monetary system works.
found these vids last year. enjoy.
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Post by JR on May 6, 2013 22:03:58 GMT -5
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Post by scooter12 on May 7, 2013 6:49:59 GMT -5
Debt- we are in debt til the day we die. It does not matter if you are rich or poor, the debt cycle keeps revolving. Say you buy a house, you are in debt. If you buy a scooter on credit, you are in debt. If you don't buy a house, you are renting, thus you are in debt. It is a cycle that can not be broken. Taxes are a form of indebtedness. You don't pay taxes, go to jail and do not pass Go..lol Attachments:
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Post by dragonsparks on May 8, 2013 19:03:18 GMT -5
Taxes are a form of indebtedness. You don't pay taxes, go to jail and do not pass Go..lol Read more: itistheride.boards.net/index.cgi?board=gsd&action=display&thread=1728#ixzz2SkIHxFczNot absolutely true.I personally know Hundreds YES Hundreds of people who do not pay taxes And never went to jail. All working as privet contractors and or under the table. They don't run as business. Also I have about 26 friends, who do the same thing But at the end of year call the IRS and negotiate 20 to50% of what they owe. Also if you start social security and owe IRS they cant touch it You don't have to believe me. Check it out for your self. Hate to say it but it's all a scam. Dave |
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Post by earlwb on May 13, 2013 21:50:03 GMT -5
The concept of money was invented in ancient times around 450 BC. At the time it was a way for people to pay their taxes. They would trade their produce or products and get coins that they would use to pay the tax collector with. Of course the concept took off like wildfire and everyone started using it as it is so convenient. But it was always based on something tangible at the time. But now in modern times money is a intangible product.
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Post by JR on May 15, 2013 1:49:32 GMT -5
Debt- we are in debt til the day we die. I certainly do not hope to be in debt for the rest of my life. My only debt now is for the mortgage and hopefully by the time I retire it will be paid off, or close to it. If you don't have the cash, don't buy it, you'll be a happier person. |
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Post by ramblinman on May 15, 2013 2:08:14 GMT -5
Debt- we are in debt til the day we die. I certainly do not hope to be in debt for the rest of my life. My only debt now is for the mortgage and hopefully by the time I retire it will be paid off, or close to it. If you don't have the cash, don't buy it, you'll be a happier person. well somebody (preferably many) needs to be in debt or their will be no money. |
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Post by JR on May 15, 2013 2:35:34 GMT -5
I only looked at about 15 or 20 minutes of the first video, really no big revelations to me. When I was a kid we were taught that basic kind of stuff in school. Sure people can create promises. Given any financial crises it is always best to not be in debt for the individual, history proves that. It certainly makes no sense to be in debt when you retire, if you are, you probably did not plan well for that retirement and are going to try and live off of social security, if that is the case you really need to be out of debt.
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Post by ramblinman on May 15, 2013 9:54:00 GMT -5
I only looked at about 15 or 20 minutes of the first video, really no big revelations to me. When I was a kid we were taught that basic kind of stuff in school. really? school didn't teach this to me. did you get to the part that banks create money out of thin air? if people didn't borrow then money wouldn't exist. the US alone has paid trillions in interest over the years to borrow money that doesn't exist. why should the tax payer be responsible to pay interest to private banks on money that wouldn't exist unless someone borrows. it is like banks have an endless supply of money. someone borrows and they just create it. i don't know how to explain it any better... check out the rest of it when you have time. i find it hard to believe this isn't new information for you. perhaps some of it will be new info... you should have been steaming mad when you found this info out as a kid. |
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Post by CopperDeer on May 15, 2013 13:49:22 GMT -5
Sounds fine and dandy to me, I don't pay a mortgage, never have never will, own my land outright, am "unemployed" so I don't pay taxes, and don't participate in any kind of government aid programs like welfare, disability, FEMA, etc. I try to barter with people as much as I can, unless there's a really nice scooter I want I'll have to sell something for the cash  |
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