German small video on the planned Euro-currency treaty

[Skybird]

Originally Posted by gimpy117

why is this being allowed to happen?: because we are sorry worried about money that we will give up all our freedoms just to have it.

The fallacy is that money is not creating value by itself, it needs to be a repüresentation of material value for which it just is a counting unit. But we have created a fictional theory on m oney that thinks that money is already a precious asset in itself. But it isn'T. As long as there is less real value than money, as long as we allow money biubbles over fictional, non-existent real assets being created and initiating snowballing process, we will continue to run into a dead end like a column of lemmings.

We may like it or not, and we may suffer from it or not, personally - but the deletion of fictional, theoretical "value" is a necessary and needed correction to a system that has run amok and is totally on the loose. We need to return to an understanding of "value" that bases on real, physical value, no interest rates of interest rates of fictional investements into speculations over assumptions on future ammou7nts of abstract stock "values".

I fear the path to that will be such that most of us will economically and financially suffer from it, and dearly.

[Skybird]

For the record, I stumbled over the video in a small article on a website almost unknown, but over the cause of this day, the content of it has reached the mainstream media outlets like Die Welt as well. They write that they had confronted all parties in the Bundestag with the claims and quotes in it. The Socialists refused to comment alltogether. Greens said they were adressing the questions raised, but did not say how. The Merkelians (former conservative party CDU) said it all is just misleading and meaningless.

In other words: no party in the Bundestag was able to counter the claims raised, nor was any party especially enthusiastic over being approached on this issue. It seems they hate to be reminded of certain implications.

They all should get fired immediately. For factual incompetence, misleading and betrayal of the public, failure to meet their parliamentary and constitutional duties, high treason, and irresponsible behaviour.

The Merkelians (former conservative party CDU) said it all is just misleading and meaningless.

True enough, I am surprised they even commented on the claims in the video. The one major difference between the proposed possible treaty and the existing one it may eventually replace is that they have changed a 5 into a 7.
Shocking stuff.