THE CRIME OF THE CANADIAN BANKING SYSTEM: Bill Abram (part 1

Uploaded by: Yoryevrah
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Over the past 4 years, the Canadian people have paid $137.4 billion in interest on money borrowed from private banks whereas the Bank of Canada could legally print the public's money into existence rather than borrowing it at interest. "They've paid out this huge sum because our government has failed to abide by the law." Abram, a retired high school teacher and activist on Vancouver Island, B.C., explicates the trick of fractional reserve banking (part 1 of a series; snowshoefilms yoryevrah

Tags for this video: Abram bank banking Bill canada commentar debt federal fractional money reserve snowshoefilms Vancouver yoryevrah

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If you want to use ... ( 1 month ago by morknmindl)

If you want to use their money system, you play the game with their money system. That is how they get away with applying direct taxes provincially and ferderally. If you don't want to pay income tax do not trade with their cash. Easier said than done. Why do you think direct deposit and cashless (debit cards) systems are being developed?

Not only do they ... ( 1 month ago by jackson32)

Not only do they lend out this money at interest, but because of fractional reserve banking they can loan out 10 times as much as they have in reserve (really 10 times as much as they created out of thin air). So if the interest rate is 5%, they pocket 5% x 10 = 50% of the money they just created out of nothing. This is a huge scam and hands a huge amount of power to whoever controls it. Also the bank of canada is always talking about fighting inflation, meanwhile they are the ones behind it!!

Buy Canadian and ... ( 1 month ago by hitgong)

Buy Canadian and American made products. The job you save may be your own!

Wow, a high school ... ( 4 weeks ago by Turnip713)

Wow, a high school teacher who's a socialist, never seen that before! Clearly with his minimal GPA that was required to become a teacher he is the ultimate authority on banking.

Big theft of Canada ... ( 3 weeks ago by antonKASA2007)

Big theft of Canada is happening from the so called Canadian elite and burocracy who are the most lazy and dumb and idots people put there in charge with that purpose, working for the outsiders, the thiefs and making Canada the most lazy,dumb,homeless and poorest country, destroying it totally.

Canada is ocupyed ... ( 3 weeks ago by antonKASA2007)

Canada is ocupyed not by armies and wars but by economy and politicians,the worst evil Canadians who are the traitor that sold Canada

Usa is in biggest ... ( 3 weeks ago by antonKASA2007)

Usa is in biggest dept and it is destroyed more from the enemies inside and outside Usa but still American have guns and live better than Canadians who are all dumped as garbage

Your a fool! Good ... ( 3 weeks ago by jacofan)

Your a fool! Good luck in your non-existent future,fool! Ever do any research on the topic in which you choose to mock fool!? I thought not. Now before you make another comment on something you know nothing about, go read and research. If your able to understand what your reading and find out what a FOOL you have been, you can come back to youtube and let the other fools, who have been dumbed down by fluoride, in on your findings. Or prove that myself and this teacher are wrong in our RESEARCH!

my last comment was ... ( 3 weeks ago by jacofan)

my last comment was for that "Turnip713" ass, just so you all know...I try to reply but youtube always sends me to the front of the list.

Wow, you really ... ( 3 weeks ago by Turnip713)

Wow, you really need a thesaurus! And, no, I'm not going to waste my time research the delusions of a paranoid schizophrenic, oddly enough, I have a life to attend to. I've been good in the past and done my reasearch on the variouse crack pot theories that pop up on the net, and every single time they turn out to be just that, crack pot theories by people who have no lives (or jobs) and never really figured out how to control that overactive imagination, and so sorry,

Always nice to see ... ( 3 weeks ago by Turnip713)

Always nice to see such level headed civility in objective debates. Good work jocofan, keep up the good work!

all developed ... ( 3 weeks ago by shelgreg63)

all developed nations pull off this scam. NWO is coming. I'm sure Turnip for brains will be first in line to get chipped.

Yes, be sure to buy ... ( 3 weeks ago by Turnip713)

Yes, be sure to buy your tin foil hat while quantitys last!

after paying taxes ... ( 3 weeks ago by shelgreg63)

after paying taxes I cant afford one. I'll have to make my own. Sucks being a slave

Yes, your so ... ( 2 weeks ago by jacofan)

Yes, your so welcome...whatever. did your research have you?

It's jAcofan BTW... ... ( 2 weeks ago by jacofan)

It's jAcofan BTW...I can see what I'm dealing with and so I will not reply to your comments again. I can see your afraid of debate and that is why I won't bother with you again. Come back with some proof or intelligent argument and we shall spar. Do not try to discredit or belittle me 'cause without intelligent debate, you just look like a immature fool. Your afraid of research and probably paid to make these stupid comments. Go back to your video games...lol..FOOL..LMAO

I don't play video ... ( 2 weeks ago by Turnip713)

I don't play video games, I never have. I don't know where that came from either.

Hummmm.."Wow, a ... ( 2 weeks ago by jacofan)

Hummmm.."Wow, a high school teacher who's a socialist, never seen that before! Clearly with his minimal GPA that was required to become a teacher he is the ultimate authority on banking"
SO..what did you mean by that quote? Maybe I'm misreading you. Sure sounds like an insult to this man and his information....????

I take it you ... ( 2 weeks ago by fthrcast)

I take it you didn't recently teach in Quebec , as they believe that money has always just been printed or created out of thin air. hahahahha

jacofan - click a ... ( 2 weeks ago by fthrcast)

jacofan - click a name , and send them a message.

After taxes , I can ... ( 2 weeks ago by fthrcast)

After taxes , I can no longer create money out of thin air. Bonds hahahaha
These are boring lies created to enlighten us all as to the laborious inner workings ( figures included ) of making money. In Quebec , it grows on trees and is created out of thin air. Dollars are thrown into the St. Lawrence and Quebecors chase them in a birchbark canoe.

Quit bullshitting , ... ( 2 weeks ago by fthrcast)

Quit bullshitting , it's boring.

been there ...done ... ( 2 weeks ago by jacofan)

been there ...done that...was I bothering you? Just curious..
peace

man these canadians ... ( 1 day ago by godbluffvdgg)

man these canadians are off the chain. I can't believe how much this guy is yelling. I thought we americans were violent but you guys are crazy. calm down dude you're going to have an anyerism

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