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Egalitarian Thug

(12,448 posts)
32. Conversations like this is why I come into this group. A couple of thing to help you cope.
Fri Feb 15, 2013, 01:38 PM
Feb 2013

First, I haven't seen the new Zeitgeist, I watched several versions of the first one as it was being produced and the financial parts are essentially correct. The parts about the Masons, Illuminati, etc., can be debated.

Here is a book you should definitely read, Debt: The First 5,000 Years by anthropologist David Graeber. It is enormously useful in explaining how all this came about. In addition to verifying everything you've recently learned, it brought to light some a couple of things I never realized, but are irrefutable since he has actually done the research to verify them.

First a bit of background, I didn't go into economics but was fascinated by it in college and took essentially all of the classes the econ majors did and I did very well in them. The career path I did choose was in IT and I concentrated on financials and accounting, so I have a pretty good understanding of how money works. The first thing I learned from Graeber's book is that the whole reason for money, the very foundation upon which all of this is built, that all of us has been taught going back to the very beginning of economics is a flat-out lie. In the first chapter, usually the first page, of every economics textbook has something along the lines of, "Money was initially created to ease the difficulties in transactions in a barter economy". Problem is, not one has ever existed anywhere at any time. The barter economy is a myth, an erroneous theory made up to explain the origins of currency long after the fact.

Once you wrap your head around the fact that money and the entirety of economics exist only because we all agree that they do, the rest gets easier and, since the whole thing is the creation of human imagination, solutions become possible. The key is to get enough people to understand that first part, that this exists for no other reason than we say so.

Can somebody please save me from Zeitgeist? [View all] napoleon_in_rags Feb 2013 OP
Bookmarking for when I want to have a nervous breakdown n/t Duer 157099 Feb 2013 #1
Lol! I'm currently treating my own with a glass of win and John Lennon Therapy: napoleon_in_rags Feb 2013 #2
Money is created as debt... Sekhmets Daughter Feb 2013 #3
Its BLOWING MY MIND. napoleon_in_rags Feb 2013 #5
Well, that's what the mortgage crunch was all about.... Sekhmets Daughter Feb 2013 #6
You're supposed be calming me down, but what I'm hearing is - its true!!! napoleon_in_rags Feb 2013 #7
I do apologize, most sincerely.... Sekhmets Daughter Feb 2013 #9
Oh, it was you! Thank you so much. But answer me one question: napoleon_in_rags Feb 2013 #10
I've known about this for years... Sekhmets Daughter Feb 2013 #12
But what reforms? napoleon_in_rags Feb 2013 #14
The debt can be paid down by raising revenue and cutting spending... Sekhmets Daughter Feb 2013 #18
If you' re writing this from a comfy chair in front of a nice desk truedelphi Feb 2013 #37
I was SHOCKED at the answers to Elizabeth Warren today. napoleon_in_rags Feb 2013 #38
I'm not an economist, and... RevStPatrick Feb 2013 #4
But you sound so non-chalant about it! napoleon_in_rags Feb 2013 #8
I'm non-chalant about it because... RevStPatrick Feb 2013 #15
Like? napoleon_in_rags Feb 2013 #16
Global climate change? RevStPatrick Feb 2013 #17
I think you can download this for free and it may help you feel more confident. JDPriestly Feb 2013 #26
I'm reading it, but it keeps implying that the government creates money. napoleon_in_rags Feb 2013 #27
Well it is... sendero Feb 2013 #28
Well, money is debt at its heart Warpy Feb 2013 #11
I'm with you on that. napoleon_in_rags Feb 2013 #13
I've watched all the Zeitgeist flicks, and Kymatica which preceded it. This is CT, but interesting. freshwest Feb 2013 #23
I think there's reason in your optimism. napoleon_in_rags Feb 2013 #24
I wanna make one more comment on this great reply. napoleon_in_rags Feb 2013 #25
This conversation has been so good, I had to get some hearts my own damned self MrMickeysMom Feb 2013 #19
Thanks for commenting. napoleon_in_rags Feb 2013 #20
Precisely why I left banks behind in 1978. I worked in banks for 10 years. mbperrin Feb 2013 #21
Man, I'm glad we have teachers like you in our educational system. napoleon_in_rags Feb 2013 #22
Good conversation by all 2naSalit Feb 2013 #29
That's a good post, I struggle with that question a lot. napoleon_in_rags Feb 2013 #30
If answerd already Mattias Feb 2013 #31
Thinking about the stories behind it all... napoleon_in_rags Feb 2013 #33
Conversations like this is why I come into this group. A couple of thing to help you cope. Egalitarian Thug Feb 2013 #32
Will check it out: napoleon_in_rags Feb 2013 #34
When previous cultures have reached the point we are at in the past, Egalitarian Thug Feb 2013 #35
Its in the Bible! napoleon_in_rags Feb 2013 #36
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