The Secret History of Money, Banking And The Fed Unveiled !!
While we all use money, few of us realize just what we are using.
So What is Money? Where does the money come from? Where does it go? Who makes it?
The money magicians’ secrets will be unveiled in this video. We get a close look at their mirrors and smoke machines, their pulleys, cogs, and wheels that create the grand illusion called money.
A dry and boring subject? Just wait! You’ll be hooked in five minutes.
What is Money ? The force that makes the world go round—the dollars, pounds, francs, marks, bahts, ringits, kwansas, levs, biplwelles, yuans, quetzales, pa’angas, ngultrums, ouguiyas, and other 200-odd brand names that collectively make up the mysterious thing we call money.
We can trace our relationship with money from primitive man’s cowrie shells to the electronic cash card, from the markets of Timbuktu to the New York Stock Exchange.Money took a myriad forms of exchange , and has affected humanity, and continues to shape all aspects of our lives.
Money constitutes the focal point of modern world culture” and it has done so since classical times. The coinage of the first money in Lydia unleashed a revolution in commerce that transformed the Greek world.
The ancient Greeks would use money to create a commercial civilization that spread to urban design, politics, religion and intellectual pursuits.
This new social network founded on commerce and money gave rise to a new political system,one based on wealth.
The Romans created the world’s first empire organized around money promoted the use of money and organized all of its affairs around the new commodity. But Roman civilization failed in the long run ,mainly because that system of money was mismanaged.
Unlike Athens or Sardis, “Rome produced very little of anything nor did it serve as a major mercantile crossroads of commerce.” The city was simply an importer of wealth from its expanding empire, but conquest and pillage proved capable of financing the empire for only so long.
By the reign of Trajan (98 to 117), the cost of conquest had surpassed the value of riches it brought into the empire. Meanwhile, vast sums of Roman specie flowed east to pay for a never-ending stream of luxury items.
“Step by step, the imperial government took over the direct administration of the economy … Rome had become another state administered economy, an empire without money and markets.”
The classical money economy collapsed not to return for another thousand years.
For the full transcript go to https://financearmageddon.blogspot.com