Renegade Rants Episode 9: Economic Discrimination

in #dlive • 6 years ago (edited)

Thumbnail

What gives some people the right to create money out of thin air while everyone else has to slave away? The media distracts us with stories of racial, sexual, and religious discrimination but the most damaging form of discrimination is economic because it affects nearly everyone. In this video, I expand upon this idea.

See Renegade Rants Episode 1 & 2 for more details on the actual mechanics of money creation:
Renegade Rants Episode 1
Renegade Rants Episode 2

My video is at DLive

logo

Thanks for reading everyone! Please upvote, follow, and resteem to support this work. As always, comments are welcome.

#dlive-video #freedom #politics #education
6 years ago in #dlive by
$19.77
  • Past Payouts $19.77, 0.00 TRX
  • - Author $15.63, 0.00 TRX
  • - Curators $4.14, 0.00 TRX
190 votes
Reply 6
Sort:  
  • Trending
    • [-]
     6 years ago 

    $0.02
    • Past Payouts $0.02, 0.00 TRX
    • - Author $0.02, 0.00 TRX
    • - Curators $0.01, 0.00 TRX
    1 vote
    Reply
    [-]
     6 years ago 

    Nice video! I have wondered about this stuff before and I have found some of the answers! Once upon a time Canada's central bank lent money to the provinces and municipalities at no interest...

    $0.00
      Reply
      [-]
       6 years ago 

      IMHO the biggest problem in this area is not letting insolvent banks to bust. As you said in order to make money banks have to lend money. When you "have" to grow your earnings every year it is very easy to start lending money to insolvent customers and when you know, that there's always will be tax payers money to save you, you lend to less and less solvent clients as time passes... And you do that with ease...
      What central banks do is beyond insane... The next recession is around the corner. There will be a lot of fireworks! I wonder how will cryptos performance will look like, when bonds and stocks will be in freefall simultaneously. Interesting times...

      $0.02
      • Past Payouts $0.02, 0.00 TRX
      • - Author $0.02, 0.00 TRX
      • - Curators $0.00, 0.00 TRX
      2 votes
      Reply
      [-]
       6 years ago 

      I think cryptos might actually fall with stocks and bonds for a time but eventually there will be some sort of catalyst that will cause people to pour into them. It could be something like capital controls or bail ins.

      $0.00
        Reply
        [-]
         6 years ago 

        Curated for #informationwar (by @wakeupnd)

        • Our purpose is to encourage posts discussing Information War, Propaganda, Disinformation and other false narratives. We currently have over 7,500 Steem Power and 20+ people following the curation trail to support our mission.

        • Join our discord and chat with 200+ fellow Informationwar Activists.

        • Connect with fellow Informationwar writers in our Roll Call! InformationWar - Contributing Writers/Supporters: Roll Call Pt 8

        Ways you can help the @informationwar

        • Upvote this comment.
        • Delegate Steem Power. 25 SP 50 SP 100 SP
        • Join the curation trail here.
        • Tutorials on all ways to support us and useful resources here
        [-]
         6 years ago 

        In today's time everyone needs money.

        Coin Marketplace

        STEEM 0.27
        TRX 0.11
        JST 0.032
        BTC 64579.45
        ETH 3101.05
        USDT 1.00
        SBD 3.83