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Transcript for David Icke - What is money

Time Content
00:00 → 00:03

DAVID ICKE Radical Truth: Knowledge & Revolution

00:03 → 00:07

CNN, bla bla bla...[??], bla, bla, bla.. STOP. Question:

00:07 → 00:09

What is money?

00:09 → 00:11

humm..

00:11 → 00:13

What is money?

00:13 → 00:19

Money is a non existent theoretical force

00:19 → 00:23

but has never, does not and will never exist

00:23 → 00:27

except in theory on computer screens

00:27 → 00:31

People die and starve,

00:31 → 00:36

Because them don't have enough digits on a computer screen.

00:36 → 00:40

It is incredible and it is extraordinary, and it is grotesque

00:40 → 00:42

but unfortunately it is true.

00:42 → 00:45

People ask: "What is money?"

00:45 → 00:46

Well...bla bla

00:46 → 00:48

How is money created? That is another big question.

00:48 → 00:50

What's goodness! NOooo

00:50 → 00:56

It is private banks lending non existent money called credit

00:56 → 00:59

What is CREDIT? bizzzzz...That is your credit!

00:59 → 01:00

That is it!

01:00 → 01:03

When we go into a bank and you want borrow U$ 15.000 dollars

01:03 → 01:05

The bank doesn't print any money

01:05 → 01:08

it doesn't movie any precious metal anywhere

01:08 → 01:11

It types into your account U$ 15.000 dollars

01:11 → 01:15

and from that moment you start owning it

01:15 → 01:19

not only U$15.000 dollars but the interest on the U$15.000 dollars

01:19 → 01:21

and if you can not pay that back [??] for your own

01:21 → 01:25

because the bank system has no worry [??] you loose your job

01:25 → 01:28

so, you can pay them back. They get your wealth if it does exist.

01:28 → 01:31

your home, your car, your business, your land

01:31 → 01:36

Speaker of the century, this is why [??] the wealth of the world

01:36 → 01:39

into the hand of the few.

01:39 → 01:41

What is a [??] economic boom?

01:41 → 01:45

It is when there is a lots of units of "exchange" money in circulation

01:45 → 01:48

creating lots of economic activity

01:48 → 01:52

which causes [??] confidence in the economic situation

01:52 → 01:56

in those times they get more and more in debt, cause they are so confident

01:56 → 01:59

or they can have a bigger house, a bigger car, two vacations

01:59 → 02:01

and all the rest of it.

02:01 → 02:05

And the banking system control [??] people and

02:05 → 02:08

[??] by the same people