posted on Feb, 20 2011 @ 10:38 AM
reply to post by snowspirit
Actually if they properly taught a financial education course, banks wouldn't exist. People wouldn't participate in the nonsense, they wouldn't
succumb to the obvious scam that is credit/debt/interest/banking and investments.
If they teach it in schools it will be a modified curriculum that promotes and supports banks/consumption. It won't explain in detail how the FED
works, who owns it and why it gets to print free money. It won't explain how its board isn't elected by the people it prints money FOR.
It won't explain how the only money in existence, the money the FED orders to be print, is then given with interest to the government, which if it
payed back would still be in the hole from the interest.
But that money doesn't exist because it wasn't printed. So they have to print the money to pay the interest off the previous money printed that was
(takes deep breath)
but wait they are in the hole still because the money they printed to pay the interest on the previously printed money to pay the interest on the
previous previous printed money doesn't exist so they have to print it....
they wont teach this....
instead they will teach this:
Hey put your savings and retirement into an investment account that will gain interest over time. The best investment accounts show an ROI of about 2%
so the more of your hard earned money you give to us to invest the more you get back!
So then everyone starts participating in a investments that allow these "mega-corps" to grow up around them and spill oil in their backyard, while
fracking in their front yard....
really...its just best not to perpetuate this machine anymore lol....the school systems are part of it. The education will be biased and based on
promoting this system because the education system is part of the problem.
edit on 20-2-2011 by Sly1one because: (no reason given)