Revisiting Economics 101

[BillBoard]

Finally some clear thinking about the subject matter of money and government. There are more videos on youtube if you like the above three.

Not a bad beginning, what is your take on the videos?

[ThePythonicCow]

Re: Revisiting Economics 101

Finally some clear thinking about the subject matter of money and government. There are more videos on youtube if you like the above three.

Not a bad beginning, what is your take on the videos?

Welcome to the Vrabel fan club!

Damon Vrabel posted these in March 2010. The entire series is available on his web site at Renaissance 2.0. One portion was been posted earlier on iTulip at Damon Vrabel.

I've commented at more length on Damon's analysis in some other posts in the last week or two, so won't repeat myself here, except to say that I agree that the power structure controlling our media, government and corporations is as Damon describes it in this video.

[flintlock]

Re: Revisiting Economics 101

I'd be interested to hear if Vrabel has any ideas about how to "fix" this system.

[ThePythonicCow]

Re: Revisiting Economics 101

I'd be interested to hear if Vrabel has any ideas about how to "fix" this system.

Yes - check out the final videos in his series Renaissance 2.0.

It probably helps to start at the beginning of that series however. Unless one understands how he's looking at the overall structure and dynamics of our global economic/financial/political system, jumping straight to the "answer" is about as useful as my trying to explain to my mechanically clueless ex-mother-in-law how to fix her car.

Roughly, four things have to happen.

1. Individuals must regain their spiritual and psychological strength, turn off their TV, disconnect from the matrix and minimize serving or supporting the institutions (major media, ivy league schools, big law and accounting firms, major corporations, most military and many law enforcement agencies, intelligence agencies, ...) of the global financial megalopoly.
2. Communities and local governments must be converted from being agents of the Big Guys back to serving local interests under local control of free thinking people.
3. Sovereign nations must free themselves from the control of that global financial megalopoly, including restoring the use of sovereign currency rather than money issued as debt to the global financial megalopoly. Debt-issued money is the primary means of control used by the global financial megalopoly.
4. The global financial megalopoly needs to be dismantled, which can be done once our governments and other institutions answer to a free and well informed people rather than to that global financial megalopoly. Liquidate and dismantle the purveyors of debt-issued currency.

It won't be easy and it won't be quick. Some quite intelligent people with massive resources have spent the last century at least building this global financial megalopoly. We have our work cut out for us.