|
|
|
|
Title: THE CRIME OF THE CANADIAN BANKING SYSTEM: Bill Abram (part 1
Added: Dec 4, 2007
Author: Yoryevrah
Duration: 10:37
Description:
Over the past 4 years, the Canadian people have paid $137.4 billion in interest on money borrowed from private banks whereas the Bank of Canada could legally print the public's money into existence rather than borrowing it at interest. "They've paid out this huge sum because our government has failed to abide by the law." Abram, a retired high school teacher and activist on Vancouver Island, B.C., explicates the trick of fractional reserve banking (part 1 of a series; snowshoefilms yoryevrah
Related Videos:
Videos related to 'THE CRIME OF THE CANADIAN BANKING SYSTEM: Bill Abram (part 1'
Channel: News
Tags: bill abram fractional reserve banking bank canada vancouver money debt snowshoefilms yoryevrah federal commentar
bill abram fractional reserve banking bank canada vancouver money debt snowshoefilms yoryevrah federal commentar
Youtube Comments: 435
ktown1389 Says:
Feb 10, 2012 - The government, an entity just like any other business or person, must finance their spending. The Bank of Canada will create bonds (govt debt) which is purchased by banks & foreign investors all around the world that enable our government to run our deficits. Moreover, the central bank (Bank of Canada) cant just print money & hand it back to itself. Increasing the money supply by "legally printing it" will fuel massive inflation in the price of consumer goods & assets. You cant fool the market
ktown1389 Says:
Feb 10, 2012 - Foreign investors who support our over-spending and consumption will not give us their money for free. If you dont like the amount of interest we pay then we should stop spending borrowed money and running multi-billion dollar deficits every year. To think that you can just print money to spend without consequence is ludacris. That consequence is inflation and the increase in prices for consumers that will always follow to restore the balance between prices and the money supply
oxjhan9 Says:
Feb 11, 2012 - whats totally unacceptable is that justice is a masochist system that supports monetary slavery, oppressive discriminative stigma, status and rights inequalities ,unnatural distribution of power,wealth and opportunity and even denial of true land ownership, therefore justice supports all the fundamental causes of crimes and distresses it hypocritically condemns - justice is a double cross
oxjhan9 Says:
Feb 11, 2012 - Justice is the criminal, the crime maker, and freedom thief, and always has been, its the unseen evil force that operates behind the mask of good, by wich oppression and greed occur from socially engineered intolerance fear-mongering and disgust propaganda all under the guise of morality, that results in societal agitation and its fucking mentally ill thirst for vengeance and punishment
luvmyctd Says:
Feb 11, 2012 - Keep up the fight and don't be afraid of what the ignorant think ... some may actually do some research and find the truth. Sooner or later they will ALL know the truth when it finally affects their life directly. Cheers.
Avery7098 Says:
Feb 24, 2012 - Good point.
JohnnyHorton Says:
Feb 25, 2012 - Mr. Bill Abram you are certainly not your "average" teacher. This presentation is fantastic. I'll bet your sharper students thought you were great. Thank you.
millicentbistander Says:
Mar 9, 2012 - Bill Abram... I love you.
Spudst3r Says:
Mar 14, 2012 - Is this the same argument as the movie Money as Debt?
MrEttolruf Says:
Mar 16, 2012 - beleive me. they fear us more then we fear them. but we live in a time where people are truly seeing signs of the end and everyones grabbing for what they can no longer regarding scrupples. no coincident rap and hiphop became big. filth gangster glorifying girl violating selfabsorbed garbage like a growing big percentage of the people these days. we live with outdated rules and ideas that eventually be our doing. the question is when the poor truly errupt because enough have died?
swassontelus Says:
Mar 27, 2012 - ha ha
swassontelus Says:
Mar 27, 2012 - Paper money was created when the club was deemed illegal in order to obtain food. If you still don't understand, See 2001 A Space Odessy (Act 1). ha ha. Somehow, we humans got domesticated. Don't worry so much. Chill and enjoy the current system. Remember, if inflation and debt was eliminated...you favourite poutine would now cost $45 per plate.
cwlithium Says:
Mar 28, 2012 - Hyper Inflation?
wilby1414 Says:
Mar 29, 2012 - Well Done -- It was Trudeau that first allowed this to happen.NOW Harper is the puppet of the US Monetary System and the Illuminati -- Satanist.This should be stopped immediately but it won't be.Harper new he was going to win the election because he made a deal with the money people via Bush. Harper is now a USA puppet -- he can not do anything on his own -- he has no power what so ever! If he ever tried to expell the money people he and his family will be killed Again well done on the video
weldrene Says:
Mar 30, 2012 - YEP
btwimblack Says:
Apr 14, 2012 - The producers and the produce -nots. Corporate welfare are thieves.FED is crookBrits Emtitlements bush/obamaBanks feesWalmart bank servicesSlavery!Lawyers too are vital yet produce no value
btwimblack Says:
Apr 14, 2012 - We might need 007. CLINTON, HILLARY CLINTONin the chicago tradition
jrb1170 Says:
Apr 19, 2012 - Knowing what you know is a burden, however one you need to bear. It's a message that can't be lost!
jlarsena Says:
Apr 20, 2012 - I will inform as many people as I can, even if I'm ridiculed, laughed at, opposed, whatever. I know the truth ( or most of it) and will not shut up. I will fight the NWO till my last breath or they're defeated.
baergy Says:
May 4, 2012 - Mr Abram, you are doing yourself and everyone else a terrible disservice by propagating a false explanation of money and banking. I would suggest a few months of READING to actually understand MONEY and BANKING before you spend the time and effort to spread fallacious theories of money and banking. My remarks are so very sincere, sir. Please reconsider what you are doing ! ! !
se7ensnakes Says:
May 14, 2012 - Mr Abram is dead on. it is you that have no clue what is going on. Do the banks in Canada practice FRACTIONAL RESERVE BANKING? Do banks merely credit accounts and collect interest on it? Do Canada have money aggregates, and if so where does the extra money come from? and the most important question is........can the banks expand and contract the money supply by the use of credit?
baergy Says:
May 15, 2012 - 1.No ! 2.No ! 3. Not an understandable question ! 4. No ! So now, what does that mean ??? I have answered your questions. How does this rectify Mr. Abrams incomplete and erroneous understanding of money and banking?? Please do some other research yourself if you would like to become better educated in the diabolical scam that is the "world banking system"
se7ensnakes Says:
May 15, 2012 - Well yes thats the problem your ability to understand. You dont understand the question because you dont know how to answer it. Please lend the truth behind fractional reserve banking. Or account credited as legal tender or what the money aggregates are.......the space here is too small for an educational lesson of that magnitude.
Devranderya Says:
May 28, 2012 - TURKEY injure the human rightsTurkey have a concentration camp in near of Ankara.Rich turks keep this camp in secret.The offerings will kidnap to the concentration camp and suffer there for sadisfaction of rich turks.The offerings will tortured and scream loud but the turks havn`t pity.In turkish wood flow every day blood of humans until they`re die.












albertannationalist Says:
Feb 10, 2012 - Helpful hint: "printing the people's money" is basically code for "robbing everybody through inflation". This to fight the "evil" of, what exactly....governments having to pay the price for financing programs with money that they didn't themselves have but instead had to borrow from others? Not sure how this is exactly progress.