Niall Ferguson on John Law and his Louisiana territory Ponzi scheme; bond markets support warfare in Europe; globalization accelerates with the economic invasion of the Far East.
39 Responses to “The Ascent of Money Episode 2: Bonds of War”
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Funding for THE ASCENT OF MONEY is provided by the Ewing Marion Kauffman Foundation, T.Rowe Price, The Smith Richardson Foundation, James and Merryl Tisch, and PBS. Additional funding for educational materials is provided by the Calvin K. Kazanjian Economics Foundation, Inc.Produced by THIRTEEN ©2013 Educational Broadcasting Corporation. All rights reserved.
@Brady
Bravo! Ad hominem retort. I suppose it doesn’t fit your “magical thinking” economic ideas.
Hello,
I am disappointed as I am unable to view the documentary on-line. May I ask why not?
I live in Hong Kong…and are there any video which i can watch here in Hong KOng with subtitle?
The activities of John law is intriguing. What is the real reason for boom bust cycle…not clear. Could it be a combination of fractional reserve banking based on erroneous concept of money as commodity/ a debt and charging compound interest (usury) on credit issued out of thin air.
Bond means government are bonded slave of bankers (see war bonds) and privatised central banks insured bonds are repaid. http://conscious-capitalism.blogspot.com
that John Law chap would have made a great Fed chairman ;)
Jodi Boam
I wonder why can not I watch the content does not work
cati kaplama
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This documentry is absolutly full of it. Propaganda!!!!!!
Truly, you know what the heck you are talking about. Any doubts I may have had were quickly laid to waste as I absorbed the first paragraph. Outdoor Garden Lights