How to fix a crumbling monetary system

yes I agree, that fractional reserve system is enslaveing all of humanity by having us exchange true value such as life for nothing as in valueless papper money, when 1h of a persons life is not worth the cost of a fast food meal, you know we are in serious trouble.Watch the Money Masters and Money is debt and you will get a clear picture of what is running our governments and economy.

Money Masters, great... and truthful documentary film!

Oh no! The "cash reserve" was the worst thing ever invented. You don't just "throw" money at people. That doesn't do anything "long term" for the economy. We have a "chain" of events happening in our economy. That is what life is. Things get bad, (sometimes they feel very bad), and then things eventually do get good. Also remember, making it through the bad times helps you appreciate the good times that much more.

gee...aliens visitning the earth and influerncing us....with ideas like Hellyers you know there is something alien involved! The civil service is the problem. Of the top ten (the largest) investment funds in north america, the largest is OSSTF-the ontario teachers secondary school federation, closely followed by OMERS-the ontairo municiple employees and then the Quebec municiple employees......the amount of `money` in the stock market that is held by civil servants, employees of crown corpoations and workers in `protected` industries is HUGE! BAnk service fees, auto insurance, electricity, natural gas, dentists, your phone-all these things just keep going up in cost. They decide what they feel like charging you-its nothing to do with competition and they have that flood of money that has to be put someplace and is distorting the stock market-there is so much civil service money flooding into investment houses they have to be inventive in finding places to put it......and when their invetions collapse we are on the hook to bail them out!

Our problem is an unholy alliance of civil servants, greedy monopolies and polticians who need civil servants to get elected! That 40 plus percentage of people who dont vote have hung us out to dry financially and allowed civil servants to destroy our economy and money system!

"nothing but trouble"...you have made some great points. You sound as though you don't like Mr. Harper and the conservatives. My question to you is, if that is true, who would you elect that could do any better? (Hey, I might elect you.) If you go liberal or ndp, we are just getting more socialistic, which is a huge mistake.

Lisa, shut up, you are a moron.

Completely agree with Tysons Mom. The Federal Reserve is a private bank and responsible for all the wars and assassinations carried out.....even that of Abraham Lincoln.
See Money Masters...It will open your eyes!!

Same to you "Ilya."

How can you fix a money system that doesn't even exisit? Why you ask. Paper money is useless, it has no value, backed by nothing, and our economy and monetary system exists on debt. Without debt we have no money. Then on top of all that, we are charged usury for something that has no value. Erase debt, no money, no economy. The Federal Reserve system established in 1913 creates inflation, hence more debt and look into the term, "The mandrake system". If we all were to become more knowledegable into this monster, we would demand its destruction.

Read all the above and------no one knows, everyone is an idiot except zzzzzbest. My theory is to wait for the world to collapse, then, then, I'll buy the world. ha,ha, he,he, he. I'll be rich, rich ! How did I do Obama???? I hope I didn't reveal too much.

zzzbest........you are a typical brainwashed american, no idea what you are tallking about ....aliens oh yes they exist...some call them republicans...I call them hate/fear mongers

Yes we need a total overhaul of the money system but no one seems smart enough to challage the system quo. If they really want to do what's right the north american continet.U.S. Canada, Mexico need to put real value back in all of our currencies by converting our collective debt into a new currency called the NAC (north american currency) our present debt ridden no value current currency would be changed into one new gold back NAC valued at present world valuation. I am surprised that the present world debt holders don't realise they are really holding no value paper, but when they do the last depression of the 30's will look like a picnic so get your own house in order.

Money does not have to be backed by gold it shoudl be backed by faith, labour and production. The problem with the federal reserve is that it creates fiat money as interest bearing debt. This is different that government issued debt free credit, spend into existence to create jobs and infrastructure that will last a hundred years. Gold is not reasonable, going back to a gold barter system/backed currency would create a plutocracy. Whoever controls the gold will control everything!

Is he on to something? Or would such a policy shift simply mean more inflation sooner?

actually such a policy shift would not result in inflation it would result in your dollars being able to buy more.

If you tighten up the lending practices the over all prices of homes (for example) would come back down to a normal level.

With people being so payment driven they look at how much they can afford for a mortgage per month and with interest rates at an all time low and so much available money the overall price of the home CAN go up and has. If you tighten up the lending practices and raised interest rates there will be less money available and the amount you could spend per payment would go up way to much so the overall price of the home would have to come down (for the payments to go down) to necessitate the interest rise and lack of available money.

so why would there be inflation????

They might be brainwashed Americans, however their dollar remains higher than the Canadian "Loonie", even when they are Trillons in debt and still printing money on a wholesale basis.
Perhaps our so called Government doesn't really know what the hell they are doing!!!

I fully agree with the statements put forth by Mr. Hellyer. I see a definite trend of the Bankers , et al, who have been manipulating the Economic Climate for some time now. As soon as they begin to recognise that the country is becoming Mired in Massive DEBT they suddenly declare a Recession, thinking , sadly correctly so, that the Lemming Investors will suddenly Jump Off the Cliff and pull all their investments out of the Market, effectively putting the brakes on the Economy!. That is one way of keeping the money at home but It seems we have a hard time Thinking for Ourselves these days. Is anyone capable of putting a Sensible Cap on Foreign Investment and flagrant spending? What happened to our Financial Reserves and why can`t we act accordingly when faced with the fact that our Debt FAR EXCEEDS our capability to repay it?. It is not making me feel too confident in our Monetary System. Time for an Overhaul?

They may be "brainwashed Americans" however their dollar remains higher in value than our Canadian Loonie. They are trillons in debt and continue to print money on a wholesale basis. Just makes one wonder if our so called Government knows what the hell they are doing!!!!

Wanna know how we got into this mess and how to get out of it, watch this documentary. It's called The Money Masters.
http://video.google.com/videoplay?docid=-515319560256183936#

I would like to know why these very basic and important issues have never been covered in the media. The article is 100% correct in my opinion, and it boggles my mind how much coverage the media gives to nonsense, where necessary and likely effective reform theories are absolutely ignored. How much of the public even knows where their money comes from? Now ask how much of the public knows about the personal life of Angelina Jolie? Boggles my mind!!