So, I thought I should watch the 2nd Zeitgeist film (above) again before I re-watched #3. Before I became completely engrossed, I managed to take a few notes. Here's what stood out:
- Only 3% of the money supply exists as physical currency
- In 1913 (before the Federal Reserve was created) $1 was equal in value to $21.60 2007 dollars. That's a 96% devaluation.
- Money owed will always outweigh the money present due to the interest created.
- In a monetary system, you cannot run a fair and ethical business and still beat the competition. Putting all of us in direct competition for resources makes it impossible.
-Other thoughts: In a monetary system, Money = Debt. Politicians cannot solve our problems because they are not the problem. They are a products of the broken system. Technology is (an has always been) the answer. The public has never been well informed as to technological advancements and many of us may not realize the fantastic technology available to us today. Also, why does Texaco hold battery patents for electric cars?
- Also, the entire part about economic hit men...dear sweet hologram. The greatest story ever told was the one told to the American people about how America is a champion for freedom and democracy...and we ALL bought it hook, line, etc.
I'll leave you with this final thought from Jacque Fresco: "Laws attempt to solve problems we do not know how to solve."
Look for the Zeitgeist: Moving Forward review (sometime) today.
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