RE: When telling friends about Bitcoin...

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When telling friends about Bitcoin...

in bitcoin •  8 years ago  (edited)

Hit the nail on the head, money as debt 3 is he only video on YouTube that properly explains why we're in debt and why we have massive momentary problems. Everyone wants the easy answer of pointing to one thing and saying "that's it" but in reality it's a combination of issues.

From money lent with immediate interest attached, to double lent money, to lack of flow (trickle down bullshit economics), to the monetization of securities we create that banks make billions off, yup there's a few problems. Add them all up and you have a struggling/failing economy.

But like I said you nailed it with this video, totally worth the upvote.

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Ya I agree. That documentary totally needs 7 billion views. It was very helpful to me.