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For our nation to issue its own currency and cease using the federal reserve or central bank model.

This video showcased to me the non-sense that some people can come up with using very pure and positive motivation: the motivation for our developed nations to get back on track and create new jobs and new opportunities. I commend the speaker of the video for his outside the box thinking but there are a whole lot of reasons why his ideas will surely never materialize in the US or UK. The biggest of which reasons would be because our currencies are printed by a central bank which automatically ensures our countries owe interests on the debts we accumulate. This system of debt-based fiat currency sponsors the current economy of stock market trading derivatives and the like. This top-down approach severely discourages financial innovation like this from the bottom up which is (from what I gather) the speaker is suggesting. Also both the UK and US Parliament/Congress respectively are far too corrupt to have funds appropriately go to such an idea because they have too many special interests to appease and fund first.


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    Feb 7 2013: do you happen to know ron paul's proposal, the freedom of currency act?
    • Feb 8 2013: No.
      I will look into it. Thanks for it.
      I do have a certain respect for him, though I find it extremely difficult to now believe anything that comes from a politicians mouth.
      I have become very cynical, I guess. When I was young I wanted to be a Saint or a Sinner and
      I wound up a Cynic.
      I say things, blurt them really and then cringe later. I am neither intelligent nor smart and all is a challenge.

      Gonna Google it now. OH, no. Gonna ixquick it now. They say they don't track or record your internet searches.

      By the way, have you noticed or experienced that more videos, stories and such that are inquisitive, searching and probing for the truth are nowhere to be found anymore on the internet?

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