20 minutes?! maybe we can get a quick review? a one that consists of few sentences.

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oi the younger generation..:)
tur bija rakstiits zem video

"He explained why he himself didn’t get money:

“Why didn’t I get money?”

- “I didn’t have to! I didn’t know I could get it, no-one was asking me to get it, and my day-to-day job was trying to find out what a derivative was and how it related to gold.”

And then he listed some further reasons why the journalists and the media don’t understand money:

- Journalists are no smarter than the rest of us.

- They flock to those in power – and he said, “power” can also be expressed in terms of huge amounts of wealth, rather than a formal position.

- It’s not in the interests of those in power to speak to journalists about how money is made and its consequences.

- They are under no pressure to understand from editors (who don’t understand either).

- The audience isn’t clamouring to understand where money comes from. They might not even know that they do not know.

- They are understaffed and under pressure, which leads to fast writing. This situation doesn’t lend itself to deep thought.

- They are pack animals, there are few real contrarians.

- They have their own ideology – which is often that of the paper.

- Fear of backlash (flak)."

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Essentially the same reasons as for most of other crowd activities then? :)

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Well yeah - and even though they don't get money, they do got paid.

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Why thank you. My youthful eyes didn't notice the text underneath the video. The picture is much clearer now.

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all that darting about looking for links to pornographic sites, I shouldn't wonder

(though that alien was quite ... impressive)

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So what is money? Or who undestands it?

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answers on a postcard?

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In this case, this chap is pointing out that most journalists don't understand where money comes from: which means they don't know how, why, and by who it is introduced into circulation.
I broadly concur with the speaker in that is introduced predominately as debt by the private banking sector (largely thanks to Central Bank support) in order to cement debt relations which support a parasitic class.

A postcard-size answer? ;)

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Thanks. This debt-based money is what i'm trying to understand. Tried to read about it on Wikipedia, but i can't follow. Maybe you have a postcard-sized link to a postcard-sized article or YouTube video, which explains it better than Wiki?

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Es ieteiktu šo :"http://www.positivemoney.org/"

The main thing to understand is the link between central banks and private banks which enables these private banks to lend money (as debt) of course WHICH THEY DON'T HAVE into the economy - primarily into areas prone to speculation which are also necessities to most people (a place to live, for example).

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Paldies.

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