Most people spend more than 30 mins researching a food processor. You think we could spend at least that learning out our monetary system. It lays out the facts of it, no spooky conspiracies theories are suggested to scare anyone. Yes, the people who made it are into precious metals, so what. Don't buy any and don't visit their website. Enough of the distractions...what about our monetary system? Good? Bad? Do you think we will ever pay off 17 Trillion? Who do we owe it to? Who lent it to us and where did it come from?
If I watched every video or read every article in every link someone posts online, I would never get anything done. I gave it 10 minutes more than it deserved. It has all the BS components of typical propaganda with the sensationalized account of the rather mundane workings of the Fed and Treasury, the hyperbolic rhetoric ("the biggest scam in the history of mankind" - really?), the promise to let the chosen viewer in on a secret that has somehow escaped everyone outside of the fringes of the internet, etc. On the other hand, I will spend at least 30 mins researching an appliance as that's worth my time.
And of course it matters that they're gold hucksters as it speaks directly to their credibility in this matter. They're not experts, they haven't stumbled on some dark secret, they're just selling shit.
As for the monetary system, yeah, I'm fine with it. It's not perfect, but it's better than tying our economy to a shiny rock. And, it's not as if we and everyone else didn't try that before and have to abandon it. It didn't prevent the regular booms and bust cycles prior going off the gold standard, just as our pre-Fed days were not exactly peaches and cream either. Hell, we actually had a pretty good run between the Great Depression and the Great Recession. We had some of the biggest economic expansions in our nation's history, made all the more impressive by the fact that we were no longer being fueled on cheap and abundant land to grab (sorry Indians).
And as for the debt. Yeah, we can pay it off. We just need to learn to be reasonable people and compromise with a mix of revenue generation and entitlements and spending cuts. We were getting there in the 90s until we blew it all on war and tax cuts. Another economic boom can help make a lot of hay towards paying down the debt if we can just pull our heads out of our derriers. Our problems have more to do with politics and just being general dumbasses than the Fed.
I really don't mean for this to sound as pugnacious as I'm sure it's coming off as, but I just have such a low tolerance for conspiratorial stuff. It's so freaking easy to make anything complicated sound like a conspiracy.