Crash Course: Chapter 12 - Debt (1 of 2) by Chris Martenson

RichardRoy2 Says:

May 16, 2009 - Actually, I think it's more like a purchasing of your future income for todays use.

LAPUbutsekikMAG Says:

Aug 27, 2009 - thanks to Astronomy...he..he..he...

rowland2110 Says:

Oct 5, 2009 - The US is NOT on the gold standard.  Been creating "something out of nothing" for decades.

MrROTD Says:

May 12, 2010 - No it isn't right to accrue debt and expect the unborn to pay it.

andemad6 Says:

Jul 31, 2010 - 2:28 : 944399908743,20 dollars OR 641 mile stack ;)

27boof Says:

Jan 15, 2011 - Yeah, & they don't even use money out there, so I hear! Ha, ha! :)  Let us use our dollar bills as stepping stones to a place where money doesn't even exist...

Trickndel Says:

Feb 8, 2011 - /watch?v=4Z9WVZddH9w -- for the best alternative to this mind-blowing system.

chocolatediet11 Says:

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850Nexus Says:

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pheromoneaction Says:

Apr 12, 2011 - How much fun is this making video's .. When you have time come visit my channel!

TheHcgdietplan Says:

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therealpapsy Says:

May 3, 2011 - Bullshit, LOL

MrErspamer Says:

Jun 22, 2011 - You can call it cash flow

christo930 Says:

Sep 22, 2011 - It's amazing that we went from 9.44 trillion at the time of this video (2008) to 14T today (9/22/2011). So while it took over 200 years to get to 9.44T, it increased by 50% in a little over 3 years! Now that is speeding up!

christo930 Says:

Sep 22, 2011 - Since the total debt here is 48T and if you assume an average interest rate of 5%, in order to avoid deflation, 2,400,000,000,000 will need to be loaned into existence just in 2009 to meet the interest payments. Since the amount of debt has gone up substantially since then, we must be getting close to 4 or 5 T in new money to just to service the interest on the debt by now (9/22/01).

stocktradinginvestor Says:

Oct 20, 2011 - The euro is going bust before the dollar. The dollar is the reserve currency so internationally banks HAVE to have dollars because they can use treasury bills as collateral when lending. Once the euro goes up, there will probably be a 2nd Breton woods agreement and a currency realignment that may change the reserve currency causing the US to abandon the dollar or hyperinflate.

AngeliqueEU Says:

Nov 1, 2011 - "HAVE to have dollars"But if those dollars are have been printed out of thin air .. ???The whole money system will collapse ... question is only when?

AngeliqueEU Says:

Nov 1, 2011 - I was I think one of the last Generations to learn to save money in order to buy what you want .... In the USA this happened a Generation ealier I guess ... Also the people live on Debt ..... they 'made' us = you know the advertisements 'new kitchen' and/or car even hollidays on money we didn't have an took out a loan or on creditcard....

AngeliqueEU Says:

Nov 1, 2011 - This course is a learning experience! Really it is .. I did know something about it of earlier things I saw and/or read on the internet. But this is explained in a good and 'easy to undersand way' but it makes me feel hopeless ............Hopeless for the future to come ... the next 20 years ....

88roro11 Says:

Dec 16, 2011 - yup.. we should have money spent in to existence ( fiat currenct based on faith and good markets not debt and extortion)... on infrastructure, school, hospitals, and environmentally responsible power plants.. then taxes collected would go to maintaining and running infrastructure/ public services.. rather then pay interest on debt first.. be for putting it toward good.. out debt based economy will eat its self.. kinda like that Mayan snake that is eating its own tail

Lolznator Says:

Jan 19, 2012 - no it wouldn't...

TWSceptic Says:

Jan 25, 2012 - I must say that is a much more convincing way of looking at it than the one in the video.

JrbWheaton Says:

Feb 10, 2012 - @carlfinkleProxima Centauri here we come!

adrianwillis360 Says:

Feb 13, 2012 - No it wouldn't

tomg613 Says:

Mar 17, 2012 - A common practice of war is to devalue the currency of the enemy through counterfeiting, ie. The revolutionary war and the British. We do this to ourselves on a routine basis through borrowing and the Federal Reserve.