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| #1 - Posted 15 December 2008, 11:24 PM | |
 Location: United States, New York Join date: December 2008 Member #: 1787 Posts: 32  | Zeitgeist II Addendum |
Post IP: 69.119.40.1*   | |
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| #2 - Posted 16 December 2008, 2:29 PM | |
 Location: United States Join date: February 2008 Member #: 336 Posts: 1984 | RE: Zeitgeist II Addendum I enjoyed watching parts of Zeitgeist I & II out of curiosity, but however when they start talking about banking they seem to dive off the deep end. Though they make some good points about the dangers of central banks they also often make statements about the nature of money and fractional reserve banking that make it seem like these things are black magic or some deep secret. I'll never understand that portion of the population that are so reactionary and terrified of fiat money...it's like they have read just enough finance and economics to understand some things, but then never looked around them to see that economies do operate under fiat money, nor do they ever consider drawbacks of gold/precious metal standards. |
Post IP: 206.252.74.4* | |
| #3 - Posted 16 December 2008, 4:39 PM | |
Location: Dominican Republic Join date: September 2008 Member #: 1313 Posts: 303 | RE: Zeitgeist II Addendum Quote: Manhattanite previously said: I enjoyed watching parts of Zeitgeist I & II out of curiosity, but however when they start talking about banking they seem to dive off the deep end. Though they make some good points about the dangers of central banks they also often make statements about the nature of money and fractional reserve banking that make it seem like these things are black magic or some deep secret. I'll never understand that portion of the population that are so reactionary and terrified of fiat money...it's like they have read just enough finance and economics to understand some things, but then never looked around them to see that economies do operate under fiat money, nor do they ever consider drawbacks of gold/precious metal standards. PREACH BROTHER CANDY< PREACH!!!! Edited on 12/16/2008 5:06 PM by Dominicanation. |
Post IP: 98.221.161.15* | |
| #4 - Posted 16 December 2008, 9:03 PM | |
Location: United States, New York Join date: December 2008 Member #: 1787 Posts: 32 |  RE: Zeitgeist II AddendumQuote: Dominicanation previously said: Quote: Manhattanite previously said: I enjoyed watching parts of Zeitgeist I & II out of curiosity, but however when they start talking about banking they seem to dive off the deep end. Though they make some good points about the dangers of central banks they also often make statements about the nature of money and fractional reserve banking that make it seem like these things are black magic or some deep secret. I'll never understand that portion of the population that are so reactionary and terrified of fiat money...it's like they have read just enough finance and economics to understand some things, but then never looked around them to see that economies do operate under fiat money, nor do they ever consider drawbacks of gold/precious metal standards. PREACH BROTHER CANDY< PREACH!!!! lol wth |
Post IP: 69.119.40.1* | |
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