Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: AaronM on May 24, 2011, 08:02:03 PM



Title: bounty for video refutation of Fed video
Post by: AaronM on May 24, 2011, 08:02:03 PM
I'm pledging 5 BTC to the best refutation of this video (when it comes out).

http://stlouisfed.org/education_resources/videocontest.cfm (http://stlouisfed.org/education_resources/videocontest.cfm)

"The St. Louis Fed is sponsoring a YouTube video contest. We want your original video that explains the concept of central bank independence. What does independence mean for a nation's central bank? Let us know through your video creation! (See the links below for additional information on this topic.)"

Would anyone else be interested?


Title: Re: bounty for video refutation of Fed video
Post by: evoorhees on May 24, 2011, 08:07:31 PM
You want a refutation in the form of a video or short essay or what?

I love the built-in rhetoric of the Fed's contest. It's not a video to argue why central banks are important (because we all know society can't exist without them!), but rather why "independence" of the central bank is important.

If you need a written refutation, I'll happily provide one for 5 btc


Title: Re: bounty for video refutation of Fed video
Post by: AaronM on May 24, 2011, 08:09:41 PM
Sorry, I actually meant a video refutation using Youtube's "Video Reply" option.  I think that would get the largest audience.


Title: Re: bounty for video refutation of Fed video
Post by: PLATO on May 24, 2011, 08:21:36 PM
Please talk about the BIS and how they're above the law


Title: Re: bounty for video refutation of Fed video
Post by: Basiley on May 25, 2011, 03:43:17 AM
actually im imagined naked policeman dancing/singing Elvis song in bathroom, after im reading "Fed video" topic title.
nvm, probably too much coffee and BTC mining ;)


Title: Re: bounty for video refutation of Fed video
Post by: kiba on May 25, 2011, 03:45:58 AM
This is a waste of money. Invest your BTC into bitcoin instead.


Title: Re: bounty for video refutation of Fed video
Post by: Distribution on May 25, 2011, 03:51:21 AM
I love that the prize is a savings bond, when they could've just printed the cash.


Title: Re: bounty for video refutation of Fed video
Post by: evoorhees on May 25, 2011, 06:48:52 PM
I love that the prize is a savings bond, when they could've just printed the cash.

ie - a promise to print the cash later =)


Title: Re: bounty for video refutation of Fed video
Post by: nextnonce on May 25, 2011, 08:33:57 PM
I love that the prize is a savings bond, when they could've just printed the cash.

ie - a promise to print the cash later =)

Meanwhile, they can print 10x its value (http://en.wikipedia.org/wiki/Money_creation#Money_multiplier) for even more lending.  Weeee!


Title: Re: bounty for video refutation of Fed video
Post by: SlaveInDebt on May 25, 2011, 10:25:29 PM
I love that the prize is a savings bond, when they could've just printed the cash.

ie - a promise to print the cash later =)

Meanwhile, they can print 10x its value (http://en.wikipedia.org/wiki/Money_creation#Money_multiplier) for even more lending.  Weeee!

They wont even print 90% of that loaned money, just digitally transfer it around. Much cheaper that way.
Video gave me heartburn :-\ Independence with a private bank  ::)