Money as Debt -5of5- Problem Solving

WHAT IS MONEY?Money as Debt is an exhaustive video about money emission or "Seignorage".Seignorage is a fraud perpetrated to the detriment of the sovereign state. The public is unaware of this fraud. Because of it the welfare of a country and the hard-earned wealth of the people are greatly undermined.This (il)legal abstraction of money happens through public taxation (Taxes/Vat).Public taxation serves the sole purpose of draining the financial resources of the population and pay the money back to the Central sovereign Banker who is indeed the actual and only owner of the currency.This currency has been created out of nothing. The Banking currency is directly created out of our promises to pay. Loans and mortgages are exactly that. The printing of banknotes instead requires only a minimal investment by the Central Bank. Just enough to cover the cost of ink, paper and printing.Everyone should watch to find out answers to questions like:What is MONEY?What are the Seignorage, the Inflaction and the Public Debt?What is payed with our taxes?Good watchin'...Back to beginning:http://www.youtube.com/watch?v=2OFwx5...

Technorati: bank banking central debt economy federal fractional inflaction monetary money public reserve seignorage system taxes video youtube