Where were these teachers when I was in school?
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Reminder that the average American life is valued at just over $1 million and that any financial crimes over that amount should be charged the same as capital murder. This would instantly eliminate most politicians and “government officials” so it will never happen, but never forget that under the concept of time=money they are trying to kill you, and succeeding.
Very good lesson. They should teach fractional reserve banking in high school. I didn’t learn about it until I got into Ron Paul’s first presidential campaign and got into economics more. Also there is a great documentary on YouTube about it
Thomas Sowells Basic Economics should be required reading for every high school economics class
Agreed. Especially the parts about food desserts and why high crime areas have to charge more. Before the students get brainwashed into thinking it’s a racist conspiracy
The one legitimate argument for usury is that it enables bankers to earn income and offset their losses through loaning money.
However, that argument is completely negated by the fact that bankers don't charge interest to earn a little bit of money, but can, over time, own entire countries. This is one of the reasons why a certain demographic has been kicked out of so many countries before. Furthermore, fractional reserve banking and lending, allows banks to loan out 10 times more money than they actually have, and earn interest on that fake money. On top of this, the Fed prints trillions of dollars and all of our money is then devalued, giving the bankers a higher percentage of the total money.
Bankers and modern banking practices are evil. They're not honest folk trying to make an "honest" living. They're swindlers and liars.
Yea, I used to try to explain this to people but fractional reserve banking causes eyes to glaze over sadly.
It's not even that complicated of a subject. Unfortunately, a lot of people are incapable and unwilling to learn new things if it's not reinforced through school, TV, movies, and the news. They either get this glazed look on their face, as you said, or look at you like you're insane.
It's why the NPC phenomenon seems so prevalent. I refuse to believe that humans naturally have that large of a percentage population susceptible to NPC behavior. In harsh environments, they would all die and drag down their respective tribes. This is why I suspect it's caused by environmental factors (i.e. intentional poisons in the environment, and years of brainwashing propaganda), used by those in power to control the populace.
I'm on the other side, the more I observe people the more I believe that the average person is easily manipulated. Time and time again it's been shown whether in history or today how a small(er) group ahead of the curve was able to dictate millions for whatever purposes.
There's 2 sides to propaganda, 1 side is making it the other side is consuming it, and always the one making it is much smaller and very well coordinated. The certain demographic you seem to have mentioned earlier, as much as I rule16 them, has always been very good at playing this game.
There's a difference between NPC behavior, and people that have been brainwashed and don't easily entertain alternative theories and arguments, even though in many ways, it's effectively the same.
One of the reasons why people are less likely to entertain alternative arguments is that their lives are easy, and they have no reason to doubt the things they've been taught. However, that's one of the reasons why more people are getting red pilled, because the world is deteriorating into insanity, society is quickly headed toward collapse, and it's accelerating. It's becoming harder to ignore reality, and to accept the propaganda at face value. When people's lives are directly impacted by the sheer amount of lies causing deleterious effects, making their lives harder, they become more open to alternative arguments, even if they initially refused them. That's why telling the truth, even in the face of harsh backlash, is so vital, because it gives people just beginning wake up, realizing that the lies no longer make sense, an actual choice.
Furthermore, this is why the globalists control both sides of the political spectrum. Anyone that does get red pilled can be caught in false right wing traps, like the Republican party, and even news outlets like Fox, the Daily Wire, and PragerU, which prevent people from moving further right. There are quotes from globalists that admit this is true, where they enable rigorous debate between two parties, of allowable opinion and discourse, both of which they control.
You just proved my point for yourself, just because someone becomes ''red pilled'' doesn't mean he's not manipulatable. It's been like that since recorded history, a smaller group within a society leading said society, most people need some kind of leadership and guidance in life while very few are capable of being leaders proportionally.
Propaganda itself isn't necessarily a bad thing if it's for the right purpose, however, as history has shown, the best way to undo decades of delving into degeneracy and insanity as a society is not by trying to fix the already lost causes, but by raising a new, strong generation. The Chinese are aware of this, and so are the globalists, it's why they're so fixated on school curriculums, why they want your kids to go to drag shows, learn about sexual deviants as something completely natural and normal, learn revisioned history etc. because these ideas are much harder to instill into someone who's already mature and has his own formed views and values, but keep teaching a child since 7 years old that dressing up as a woman and mutilating your genitalia is normal and the child will eventually be a 30 year old who's gone even deeper into the insanity and calls you a bigot because his whole life he's been thought that these things are normal. This is why it's imperative to be 100% in tune with what your children consume both from the media and in school.
Like I said, there's a difference between being manipulated, and being able to be manipulated, and NPC behavior. They're not the same thing, even though they sometimes appear the same thing.
As to the rest, I absolutely agree. Yuri Bezmenov (a former Soviet KGB operative who defected to the U.S.) gave several interviews and warnings to the West that communists were infiltrating Western countries and institutions, the most vital of which, were schools. He said that communists could completely subvert a country in 15 years, because that's how long it takes to indoctrinate a new generation through subverted schools.
Reminds me of a college history teacher I had at a junior college. It being history he would go on and on and on about the economic policy that led to the great depression. Actually one of the few classes I actually liked going to even though he generally just talked the whole time. I'll just say you were never fed the book-approved opinions in that class. We also didn't have smartphones back then.
I hope this guy doesn't get cancelled. That says "university" on it and he just outed some very unapproved things.
Hmm (marks as potential teacher we shouldn't purge from education along with those that sneak in lessons about tax codes to students)
Shall we preemptively mourn his upcoming suicide? Or will he die of climate anxiety instead?
Telling the truth doesn't mean that people will kill you for it, if there's nothing you can really do to stop them anyway.
A lot of things that are true but he's, like, all over the place
Also: Is he black enough to not get cancelled over this?
That didn't help Kanye.
To be fair Kayne went 100% gas powered oven, that's way harder to ignore than a guy pointing out how the banking con works
Is that first part true, that they get ten times from the Federal Window?
They have a 10% reserve requirement in the US. So, if they get 10 dollars deposited, they can loan $100. Whether they get it from the feds or wherever varies and this guys explanation is slightly simplified, but as a general rule $10 of cash is $100 of working money for the bank.
No, of course it's not true. u/ApexVeritas & u/ccpneveragain are BOTH wrong.
...
They did away with 10% reserve requirements back when Covid started. Depending on the depositor account it could be 1% or 0%. That includes your checking account, by the way.
It's called fractional reserve banking and lending. The banks, from the Fed down, can loan out 9 or 10 times (can't remember the exact number) of money than they actually have. The banks can then earn interest on that fake money.
Yes, it's true.
Speaking of China and Russia, how much foreign aid do they give to Israel?
None? That tells me all I need to know.
>Treasury yield
>6-7%
The system is already leaking diarrhea down its pants from just 4.75%. Banks and governments would shit themselves to death from a 7% yield. It's why the Fed was "encouraged" to keep rates at 0% for so long because the Treasury doesn't get enough tax receipts to pay for all the gibs and war.
I had a class like this. It had a BS name about Computers in it, so I took it.
Same. One of my computer classes spent like 3 months on teaching us stocks, taxes, and using excel for complex math for both of those.
Even gave us a small chunk of free money to lose to taxes, then lose on the market, then lose on more taxes when we cashed out. Great way to teach kids how the government fucks you before you even have a job to learn the hard way.
Yeah, that was my class.
He didn't mentioned that the money the banks got was also printed, and so was the money that was lent out by the banks. The level of inflation, you'd think would be much more astronomical than what it actually seems to reflect in the market.
Though his comments about Black Rock is off. Black Rock and Vangaurd have been some of the largest investment banks since before 9/11. 9/11 doesn't really have anything to do with either of them having massive amounts of influence. Also, they tend not to own these specific assets, but obligations, debts, insurances, and other financial products tied to those things. Owning assets sucks because they'd have to actually take care of those assets, or even protect them. Having a financial product that represents them in some way is much better.
Crypto production won't ever be directly controlled, since cash is already digital and serves that purpose. Normies have already been conditioned with authoritarian personalities, and newer generations have no inclination to reverse this trend. Crypto trading is already mostly controlled by the establishment, lumping it with other regulated commodities as an inflation/wealth hedge. The best we can hope for is that the crypto-bubble pop has shaken much of the dead-weight speculative asset trading. Maybe Monero will have a trickling uptake in utilitarian usage, which was necessarily delayed by the 2015-2022 crypto status quo.