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View Full Version : The Empty ATM: free market, independent currency




Promontorium
01-14-2011, 07:19 PM
I think this is a must watch for anyone interested in a real-world instance of monetary independence, (the kind Ron Paul often espouses). Years ago Argentina followed America and the IMF's financial advice and caused their monetary system to collapse. Private citizens created a true free market using a self-made currency, and helped the entire nation.


http://www.pbs.org/wnet/wideangle/episodes/the-empty-atm/video-full-episode/670/

hazek
01-14-2011, 09:26 PM
Sorry, this video is not available.

erm?

Kludge
01-14-2011, 09:29 PM
erm?

Probably only for US IP addresses for copyright purposes.

Weird, btw -- opening music is one of my favorite songs.

hazek
01-14-2011, 09:33 PM
damn I want to see!

It's not this is it?:


http://www.youtube.com/watch?v=rH6_i8zuffs

Kludge
01-14-2011, 09:34 PM
Hm. I now get the error that the video is unavailable. Maybe it's a bandwidth problem??

Edit: I don't think that's the same video. I clicked off it for a minute while I did something else and can't view the vid in the OP now, either.

Edit2: Now I can view it again...

Edit3: They seem to use some of the same clips, but I don't think they're the same vid.

Edit4: Song, btw, is called Libertango.

Promontorium
01-15-2011, 06:52 AM
I wondered if there'd be an international problem. I'm sorry.

It's a PBS episode of a series called Wide Angle. I really like the series, each episode is a documentary on an international issue. It tends to focus on politics, and what people in those countries are doing to try to fix problems.

The navigation is odd at PBS, each segment of the documentary is broken up, but they play in sucession.

Travlyr
01-15-2011, 09:42 AM
Good video. Argentina's collapse demonstrates that it was not a failure of Democracy, or their Constitution, or the free-market. The cause of their suffering is the central bank's counterfeit money. People bought into it and it worked for a while just like it currently does around most of the world.

The "Barter Club's" solution works at the onset, but it is just as dangerous as the central bank because the power to print money is too great to not abuse.

When the collapse happens worldwide, the answer is sovereign property ownership & honest money. People who have read Murray Rothbard's "The Mystery of Banking (http://mises.org/Books/mysteryofbanking.pdf)", Ron Paul's "Gold, Peace, and Prosperity" (http://mises.org/resources/3150) will have a leg up on those less prepared.

Travlyr
01-15-2011, 01:20 PM
http://www.youtube.com/watch?v=rH6_i8zuffs

Wow. I just watched this series. The death, destruction and poverty brought to Argentina by the IMF is astounding! And it is soon coming to a state near you. The Argentineans correctly call the IMF the International Misery Fund. Yet, even today it appears that they are trying to cure economic problems using the political system. I hope they win, yet I wish they would embrace honest money and sovereign title to property as those are the true wealth creators.