Please elaborate on your post. Your post, as it stands, is not an "intentionally illogical fallacy", but a "stupid, uninformed opinion".

no. banks can loan out up to 90% of their assets. it's called fractional-reserve banking. furthermore, your post does not make any sense. how come for every 1 dollar you make some one can get out of the bank 9???

If you want to hear more, Google "The money masters"

Funny little video, its a shame Grignon (creator) didn't finishing learning about money and banking before he wasted his time making this film

Great little video. Its increased my faith in Islamic Banking because Islam offers a alternative banking system, always pegged against Gold and held to strict Shariah accountability. At least look into it and compare yourself before passing judgement.

banks can only loan out 90% above their assets, the only bad thing about this is for every dollar i make someone else right out of the banks is getting 9 dollars, so these rich people or institutions are getting 9 times the spending power to invest than i have, its like buying cable tv and letting someone else keep it safe and only they can whacth it

you can find the full video of this "Money as Debt" on google videos... it's about an hour long and REALLY worth watching. i'm not sure why this little 8 minutes of it is on here.

ne1 want to chat?

I totally agree, koskovs.

STOP THE NEW WORLD ORDER!!!!!!!!! If anything happens in 2012, it will be because of the H.A.A.R.P. This device can cause earthquakes, hurricanes, tornadoes, cyclones and many other disasters. Katrina was man made, the cyclone in burma was man made, the tsunami was man made and even the earthquake in china (may 2008). The government is trying to kill us off as part of their NEW WORLD ORDER! We must all unite against the zionists and kill them first! Fight the power and keep democracy alive

Or perhaps just because he want's all to get interest for this topic, it is pretty real and scary, don't you think? A little spam on a topic this important i don't see as any problem :)

Don't repeat videos which have been already posted, waste of space and a waste of sperm = you. This is a part of a 5 piece series posted here by the people who made it. Don't try and get your 15 minutes of fame, cun*s like u cause Youtube to be spammed.

The Global Village has made banking possible around the world from one country to the other. It may be for having one's bills or legally inherited amounts released or for some commercial purpose. But in case of withdrawal the banks impose fees and instead of deducting it from the available funds in the account they maintain, with the consent of their client, they urge him/her to send the fee from some external source. If the client is unable to pay the fee they just freeze/close the account WHY?

Remember that the original fiat money is not destroyed by the payment of the debts. So when the banks need some work done (some wealth) they have to pay somebody to do it. Those people will essentially be paying their debts in kind, thus both the interest and principal can be paid in full in theory. All that is needed is for the bank to accept delays in payment. If you say that the banks must be responsible for losing out like that if the total debt is too high then it should work out fine.

money sucks ass

In time, the magnitude of the BaaaAAAAA...

Caution: You are dangerously close to liberal hippie bullshit. Most people are fine until it's not what everyone else thinks or isn't PC.

If children are not raised to trust and love humanity, they grow up to have no qualms with cheating their fellow man. The solution? Simple. Children need to be encouraged to talk about their feelings openly and freely. Finding it easy to be duplicitous comes from the belief that other people are also out to get as much as they can and give the least possible. When people know that they can trust each other, the natural tendency for humans is to be kind,honest and generous. Break the chain.

You're thinking of usury, not inflation.

The original video is called "Money as Debt" By Paul Grignon. Search it on Google video if you want to watch the entire video without interruption.

i love this video series, its so nicely put together, thought out, and well explained

wow, you're either dumb or functionally illiterate. I think the concept and word you are looking for is INTEREST in BOTH CASES (Jesus and Mohammad), not INFLATION. They both operated under systems where money could not be "created" by a Central Bank in order to create what we call inflation. Charging interest is allowed neither in Judaism nor in Islam (although people have found clever ways to get around these proscriptions...like lending money to we heathens and infidels).

they never talk about ron paul on canadian news just they talk about hilary obama and some romney guy

Welcome to the wonderful world of banking. Trillions created unearned, by people at the federal reserve branches typing big numbers into their keyboard. Money is a river. not a lake. It swirls down the drain when it is repaid, or defaulted, or shrunk by inflation. OK geniuses, what should Ron Paul do, now that the Bush crime family has stopped pumping new money to housing? You will not be happy to learn, Ron has no choice but start pumping it SOMEwhere. Please listen to Michael Hudson.

Robert Rubin, Policy adviser to Obama...is one of the most powerful bankers in the US... Yay!