[quote]skaz05 wrote:
[quote]dnlcdstn wrote:
and it’s not like this movie is shedding light on some secret cabal of a few sinister men (and “teh jooz”) that control the world, since such a cabal doesn’t exist anyways; that always seems like the narrative for any Alex Jones type conspiracy theorist.
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This would be discrediting the movie since it centers around this main point.
Also, I took accounting in college and it never really discussed fractional reserve banking and the benefits or problems associated with it.
I’m not arguing with you because I simply don’t know enough about economics (although I took econ in college as well), but I don’t see how depressions just happen. It seems like a 800 billion dollar bailout is exactly what the fed reserve would want. [/quote]
Yeah, you’re not going to learn about how the banking system works by taking an accounting class. If you’re still in school, you might want to look into econ classes titled “public finance” or “economics of money and banking”. I took several econ classes in banking and public finance in college and it’s not as easy a subject to understand as movies like this pretend it to be, it requires lots of study and lots of reading. The Federal Reserve and the banking system in the U.S. are very intricate and complex entities that simply can’t be summed up in a couple hours of video.
Recessions are a normal part of any economic cycle. A depression is simply a severe recession. Anyone who took a macro econ course should be familiar with the variables that contribute to economic recessions, but it should also be noted that these things simply can’t be summed up in a couple hours of video.
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There is not quantitative difference between a recession and a depression. At least not logically. Example, the Great Depression was actually 3 recessions close together. Almost all of them can be linked to the New Deal, and the printing of money after Great Britain had devalued their own currency.
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Seems to me that the bottom line here for many people that use these kinds of videos as their source of information about these types of issues, is that there is a handful of jews and ultra-wealthy families that “control the world”. This simply isn’t true, and it isn’t even worth debating why. Anyone that believes that the entire world is controlled by a few jews and ultra-wealthy families would probably believe anything anyway.[/quote]
Eh, I think people take it too far, however there are some wealthy families (some happen to be Jewish, which Jewish is spelled with a capital J, but they do not control the whole world) that do control large portions of business movements around the world. I actually know two Jewish brothers that attempted to (did it and then were caught) control the silver market. Successfully capturing 3/4ths of the silver market, then of course had it taken away by the government.