SlideShare une entreprise Scribd logo
1  sur  25
Read Learn  Marinate Wake-up
A wise man said…exact no more  that that which is appointed you.
mon·ey       1.any circulating medium of exchange, including coins, paper money, and demand deposits.
Commodity Money =Value  through Barter and Trade
Representative Money= Backed by Gold and Silver
Fiat Money=Not Backed by Reserves or  any known commodity
Credit Money= Exits in  conjunction with Fiat Money
NOTE: By design Credit Money Is ALWAYS issued in  excess of the reserve  it carries.
Let’s Assume  Money = Debt
And Interest = Entitlement
Does Money = Value?
Or is value = God, Family and Friends
Generations Generation Generate Genetic Genes We need Less Downsizing
Today we only… Buy, Sell & Trade?
I propose instead we… Plant, Grow & Sow
1791-1811 The First Bank  Of the United States Bitterly opposed by Thomas Jefferson And James Madison as an engine for  Corruption
1816-1836 The Second Bank  Of the United States Andrew Jackson denounced it  as an engine for Corruption
1816-1836 The Second Bank  Of the United States Andrew Jackson denounced it  as an engine for Corruption
1837-1862 National Banks Currency backed with treasuries.  Liquidity problems led to the  1907 panic.
1863-1913 The Free Bank Era The state regulated reserves that  were backed By gold and silver
1913 Creation of the Federal Reserve Fractional Reserve Banking No confidence Loan Defaults Bank Runs Bank Bankruptcy  2008
How much does a $100 promise to pay  equate to in fractional reserve banking?
In a fractional-reserve banking system, in the event of a  bank run , the demand depositors and note holders would attempt to withdraw more money than the bank has in reserves, causing the bank to suffer a liquidity crisis and, ultimately, to perhaps default.
 
Thanks to the sources: http://www.google.com  – Google is Smart.  http://www.sxc.hu/ http://en.wikipedia.org/wiki/History_of_central_banking_in_the_United_States http://en.wikipedia.org/wiki/History_of_money http://en.wikipedia.org/wiki/Fractional_reserve_banking http://en.wikipedia.org/wiki/Bank_run http://en.wikipedia.org/wiki/Pyramid_scam Human First!

Contenu connexe

Similaire à How we got here

US Economic Outlook 2008-11+
US Economic Outlook 2008-11+US Economic Outlook 2008-11+
US Economic Outlook 2008-11+contrarian2day
 
US Economic Outlook 2008-11+ (Updated)
US Economic Outlook 2008-11+  (Updated)US Economic Outlook 2008-11+  (Updated)
US Economic Outlook 2008-11+ (Updated)contrarian2day
 
Economic Outlook 2008
Economic Outlook 2008Economic Outlook 2008
Economic Outlook 2008DMajors
 
Ch 10 presentation
Ch 10 presentationCh 10 presentation
Ch 10 presentationkrobinette
 
Chapter 11 Economics Money and Banking
Chapter 11 Economics Money and BankingChapter 11 Economics Money and Banking
Chapter 11 Economics Money and BankingOroville High School
 
Consumer credit 2
Consumer credit 2Consumer credit 2
Consumer credit 2CiareD11
 
Retard Emails #flushyourmeds Scott A Barry #mrfaildeveloper #invalid0 #dominu...
Retard Emails #flushyourmeds Scott A Barry #mrfaildeveloper #invalid0 #dominu...Retard Emails #flushyourmeds Scott A Barry #mrfaildeveloper #invalid0 #dominu...
Retard Emails #flushyourmeds Scott A Barry #mrfaildeveloper #invalid0 #dominu...FailDeveloper
 
The Nature and Creation of Money
The Nature and Creation of MoneyThe Nature and Creation of Money
The Nature and Creation of MoneyLumen Learning
 
Ap Chapter 13 Money and Banking
Ap Chapter 13 Money and BankingAp Chapter 13 Money and Banking
Ap Chapter 13 Money and BankingMrRed
 
Unit 4 – finance and labor
Unit 4 – finance and laborUnit 4 – finance and labor
Unit 4 – finance and laborFredrick Smith
 
Basics of Money: Seeing Through Deceptions
Basics of Money: Seeing Through DeceptionsBasics of Money: Seeing Through Deceptions
Basics of Money: Seeing Through DeceptionsAsad Zaman
 
Evolution of Banking Services.pptx
Evolution of Banking Services.pptxEvolution of Banking Services.pptx
Evolution of Banking Services.pptxAnkitMundra16
 
Understanding OPM as an alternate finance Model.DCUBE CONSULTING.BizMastermin...
Understanding OPM as an alternate finance Model.DCUBE CONSULTING.BizMastermin...Understanding OPM as an alternate finance Model.DCUBE CONSULTING.BizMastermin...
Understanding OPM as an alternate finance Model.DCUBE CONSULTING.BizMastermin...Ayobamidele Kalejaiye
 
The Legalities Of All Capital Letters Names (Your Drivers License)
The Legalities Of All Capital Letters Names (Your Drivers License)The Legalities Of All Capital Letters Names (Your Drivers License)
The Legalities Of All Capital Letters Names (Your Drivers License)legalinfo
 
537 Legal Questions About The Income Tax Code
537 Legal Questions About The Income Tax Code537 Legal Questions About The Income Tax Code
537 Legal Questions About The Income Tax Codelegalservices
 

Similaire à How we got here (20)

3623_1393865469.ppt
3623_1393865469.ppt3623_1393865469.ppt
3623_1393865469.ppt
 
US Economic Outlook 2008-11+
US Economic Outlook 2008-11+US Economic Outlook 2008-11+
US Economic Outlook 2008-11+
 
US Economic Outlook 2008-11+ (Updated)
US Economic Outlook 2008-11+  (Updated)US Economic Outlook 2008-11+  (Updated)
US Economic Outlook 2008-11+ (Updated)
 
Economic Outlook 2008
Economic Outlook 2008Economic Outlook 2008
Economic Outlook 2008
 
Unit 4
Unit 4Unit 4
Unit 4
 
Ch 10 presentation
Ch 10 presentationCh 10 presentation
Ch 10 presentation
 
Chapter 11 Economics Money and Banking
Chapter 11 Economics Money and BankingChapter 11 Economics Money and Banking
Chapter 11 Economics Money and Banking
 
Consumer credit 2
Consumer credit 2Consumer credit 2
Consumer credit 2
 
Unit 6 – finance
Unit 6 – financeUnit 6 – finance
Unit 6 – finance
 
Retard Emails #flushyourmeds Scott A Barry #mrfaildeveloper #invalid0 #dominu...
Retard Emails #flushyourmeds Scott A Barry #mrfaildeveloper #invalid0 #dominu...Retard Emails #flushyourmeds Scott A Barry #mrfaildeveloper #invalid0 #dominu...
Retard Emails #flushyourmeds Scott A Barry #mrfaildeveloper #invalid0 #dominu...
 
The Nature and Creation of Money
The Nature and Creation of MoneyThe Nature and Creation of Money
The Nature and Creation of Money
 
Ap Chapter 13 Money and Banking
Ap Chapter 13 Money and BankingAp Chapter 13 Money and Banking
Ap Chapter 13 Money and Banking
 
Unit 4 – finance and labor
Unit 4 – finance and laborUnit 4 – finance and labor
Unit 4 – finance and labor
 
Basics of Money: Seeing Through Deceptions
Basics of Money: Seeing Through DeceptionsBasics of Money: Seeing Through Deceptions
Basics of Money: Seeing Through Deceptions
 
Evolution of Banking Services.pptx
Evolution of Banking Services.pptxEvolution of Banking Services.pptx
Evolution of Banking Services.pptx
 
OUR MONEY.ppt
OUR MONEY.pptOUR MONEY.ppt
OUR MONEY.ppt
 
Money Power (Part 2)
Money Power (Part 2)Money Power (Part 2)
Money Power (Part 2)
 
Understanding OPM as an alternate finance Model.DCUBE CONSULTING.BizMastermin...
Understanding OPM as an alternate finance Model.DCUBE CONSULTING.BizMastermin...Understanding OPM as an alternate finance Model.DCUBE CONSULTING.BizMastermin...
Understanding OPM as an alternate finance Model.DCUBE CONSULTING.BizMastermin...
 
The Legalities Of All Capital Letters Names (Your Drivers License)
The Legalities Of All Capital Letters Names (Your Drivers License)The Legalities Of All Capital Letters Names (Your Drivers License)
The Legalities Of All Capital Letters Names (Your Drivers License)
 
537 Legal Questions About The Income Tax Code
537 Legal Questions About The Income Tax Code537 Legal Questions About The Income Tax Code
537 Legal Questions About The Income Tax Code
 

Dernier

Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170Sonam Pathan
 
Financial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptxFinancial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptxsimon978302
 
House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHenry Tapper
 
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证rjrjkk
 
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170Sonam Pathan
 
The Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasThe Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasCherylouCamus
 
Vp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsAppVp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsAppmiss dipika
 
Tenets of Physiocracy History of Economic
Tenets of Physiocracy History of EconomicTenets of Physiocracy History of Economic
Tenets of Physiocracy History of Economiccinemoviesu
 
The Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarThe Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarHarsh Kumar
 
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...Amil baba
 
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...Amil baba
 
Bladex 1Q24 Earning Results Presentation
Bladex 1Q24 Earning Results PresentationBladex 1Q24 Earning Results Presentation
Bladex 1Q24 Earning Results PresentationBladex
 
government_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfgovernment_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfshaunmashale756
 
Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Devarsh Vakil
 
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.pptAnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.pptPriyankaSharma89719
 
The AES Investment Code - the go-to counsel for the most well-informed, wise...
The AES Investment Code -  the go-to counsel for the most well-informed, wise...The AES Investment Code -  the go-to counsel for the most well-informed, wise...
The AES Investment Code - the go-to counsel for the most well-informed, wise...AES International
 
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》rnrncn29
 
NCDC and NAFED presentation by Paras .pptx
NCDC and NAFED presentation by Paras .pptxNCDC and NAFED presentation by Paras .pptx
NCDC and NAFED presentation by Paras .pptxnaikparas90
 
Financial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.pptFinancial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.ppttadegebreyesus
 
PMFBY , Pradhan Mantri Fasal bima yojna
PMFBY , Pradhan Mantri  Fasal bima yojnaPMFBY , Pradhan Mantri  Fasal bima yojna
PMFBY , Pradhan Mantri Fasal bima yojnaDharmendra Kumar
 

Dernier (20)

Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
 
Financial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptxFinancial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptx
 
House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview document
 
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证
原版1:1复刻温哥华岛大学毕业证Vancouver毕业证留信学历认证
 
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
 
The Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasThe Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng Pilipinas
 
Vp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsAppVp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsApp
 
Tenets of Physiocracy History of Economic
Tenets of Physiocracy History of EconomicTenets of Physiocracy History of Economic
Tenets of Physiocracy History of Economic
 
The Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarThe Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh Kumar
 
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
 
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...
 
Bladex 1Q24 Earning Results Presentation
Bladex 1Q24 Earning Results PresentationBladex 1Q24 Earning Results Presentation
Bladex 1Q24 Earning Results Presentation
 
government_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfgovernment_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdf
 
Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024
 
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.pptAnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
 
The AES Investment Code - the go-to counsel for the most well-informed, wise...
The AES Investment Code -  the go-to counsel for the most well-informed, wise...The AES Investment Code -  the go-to counsel for the most well-informed, wise...
The AES Investment Code - the go-to counsel for the most well-informed, wise...
 
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
 
NCDC and NAFED presentation by Paras .pptx
NCDC and NAFED presentation by Paras .pptxNCDC and NAFED presentation by Paras .pptx
NCDC and NAFED presentation by Paras .pptx
 
Financial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.pptFinancial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.ppt
 
PMFBY , Pradhan Mantri Fasal bima yojna
PMFBY , Pradhan Mantri  Fasal bima yojnaPMFBY , Pradhan Mantri  Fasal bima yojna
PMFBY , Pradhan Mantri Fasal bima yojna
 

How we got here