Topic: Fractional reserve Youtube propaganda - page 2. (Read 2094 times)
Fiaters gonna fiat.
The arguments from the video are sound.
Sound - if you missed what has gone on in the world the last 100 years with regard to the value of money, recessions and the like.
How is this propaganda for fractional reserve?
It paints a false picture of the positives and negatives of using a debt based system as apposed to one backed by real value. They claim history shows people have lived a better way of life under the debt based system which is a generalization I believe to be false. They don't take technological advances into account for an example. Also they insist if you need a loan you'd also need a creditor and insurer and large fees to conduct business. This video basically praises the failing system we have right now as the best way to operate a thriving economy which we all know is false and it hurts my head watching it.
a lot of bs gets spread around. just make sure we all comment on these things and tell the truth. we cant be hostile or angry either or we come off as a bunch of a-holes hehe. we gotta be nice and explain things concisely. 
How is this propaganda for fractional reserve?
The arguments from the video are sound.
Like a broken bell.
They lack to include the things the people working on rebuilding will not be able to build or do.
Think, I break your legs and then a lot of people get to work in fixing them: nurses, surgeons, RX technicians, ...
Why not?
The arguments from the video are sound.
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