Corrupt Banking System - How Money is Created?
That is right Fools, it is quiz time!
The reason for todays quiz is help fight the constant stream of misinformation on the US Depression. If you are investing going forward it might help to know a little about the US Depression, right?
So lets take 5-10 minutes to demonstrate our knowledge on the US Depression to ourselves and the world! WE ARE FOOLS, but we know what the Great Depression was about! Right?
The following quiz was created by Vox Day, who has run a series of questions on the Depression.
Post your score on the comments. Don't lie, I am watching you from your webcam. j/k...OR AM I! no, j/k...BUT MAYBE NOT! no, seriously post your score, we won't laugh...or maybe we will!
Now that we feel dumb lets take ten minutes to get smarter!
The following video can help you answer the following questions:
1. Why are the biggest buildings in any US cities banks?
2. Why is there a bank every half mile in the US instead of some other productive business?
3. Why does Ron Paul wants to end the Central Banking system and return to some form of gold standard?
4. Why does Mish Shedlock wants to end fractionial reserve lending? He says it is fraud...why?
5. How is money created?
Ten minutes to answer these questions: Part 2 How is money created?
FYI - This video has been seen 200k times with a 5 star rating. Now who says economics is boring?