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Top Comments
All Comments (661)
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Finally, a video explaining the debt crisis without any dumb ass conspiracy in it.
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Rather than just monitoring the movements of the stock market, dissecting the root causes of the ongoing financial crisis requires a close look at developments in the interbank market as well as the credit market. The impact of incredibly complicated transactions among professional participants in these two markets has spread beyond U.S. borders to wreak havoc on foreign exchange and stock markets around the globe while amplifying a credit crisis.
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is this essentially what happened in the UK too?
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It's called fractional reserve banking..... google it
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Yeah, a person can't, but a large firm can.
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FiatBurner 1 month ago
A central bank that manipulates interest rates and controls the money supply is not capitalism. Do not blame capitalism because we do not have capitalism. We have corporatism: a merger between big corporations/banks and big government.
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Anikah Tennyson 1 month ago
Capitalism = Risking private capital, creating private profit and private loss.
Corporatism = Borrowing public capital, creating private profit and public loss.
End the Fed!
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