Interview 928 – James Corbett Discusses Voluntary Solutions to Ending the Fed
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via the Greening Out Podcast:
The Greening Out Podcast chats to James Corbett about his new documentary Century of Enslavement: A History of The Federal Reserve. We get into the history of the Fed and central banking, economics, alternate currencies, the new world order, global governance, voluntaryism and a little bit of Scottish Independence.
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James, please read!
I really think a serious trap is being set here, the gold trap.
Libertarians think gold is the answer to our monetary problems. I think gold-deification is another tool of the money power. After all, who owns gold? The rich, and you know the golden rule…
The real answer is more along the lines of interest free credit and the complimentary currencies you have covered. There is a fantastic argument to be made that usury itself is actually the tool of the elite bankers. Margrit Kennedy found that compound interest works as a wealth distribution mechanism, with the bottom 90% paying interest on everything to the top 10%, and even the top 1% paying interest to the top 0.01 percent and so on.
I think “ending the fed” is not the crux of the issue… soon the FED will be ended with the fall of the American empire and the great currency reset…replaced by gold. The real argument is how we can have an interest free monetary system, that is not backed by gold. As Bill Still says, it’s not what backs the currency, it’s who controls the quantity.
Anti-usury stances are unfortunately often associated with fascism. This is a strawman argument. Rather than write a selfishly long post, the following is a great blog about debunking Austrian economics:
http://realcurrencies.wordpress.com/2014/08/20/the-brics-bank-next-stop-on-the-road-to-world-currency/
I hope anti-usury arguments at least help to inform your opinion on the nature of money and what a society might look like without it.