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Get Educated!

Whether or not all that economic reportage seems like it has little meaning beyond ‘the sky is falling’, or whether or not you’ve concluded that the bulk of our economic problems are down to time-proven plain-simple greed and a consumerist lifestyle, or whether or not you’re thinking, ‘All this economic-crisis stuff isn’t going to be fixed by me so why should I bother?’. or even if you are convinced of the coming of the apocalypse and have started contingency planning for life in a self-sustainable community, you owe it to yourself to get educated, and at least try to understand the very real forces that shape your life. I guarantee that even if the knowledge seems only marginally useful now, it’ll be relevant eventually; there are realities to be reckoned with, and you should at least be able to decide for yourself.

I think Grignon’s video is a well-presented and clear introduction to the fundamental concept of money, and in particular how the central banking system works as a source of credit; the quotes and the animated images do point to what he sees as likely or natural implications, and the viewer ought to decide whether or not he accepts those implications, but only after considering the question of how the system works. There are or there will be many other questions to consider, but the basic questions need to be answered first. And nowadays the ‘basics’ have expanded beyond supply & demand and the functioning of a capitalist market economy.

Categories: Perspective
  1. fab
    25 September 2008 at 11:39 pm

    Is this the 7104938th time you’ve posted this video? =D It’s good though.

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