I came to the conclusion a few years ago that the reason the Fed Reserve and the banks and Wall Street have been able to control every aspect of our society without any real resistance is because of our horrendous education system, especially in regards to teaching mathematics. So I decided to do something about it, teach math.

I have a lot of strictly math videos out but I thought you guys would specially appreciate this one. It’s all about interest rates, exponential growth, compound interest, devaluation of fiat currencies, and how ridiculous our current economic system is and how it favors money lenders. In short:

“How Interest Rates Affect Our Society”

The first thing we do is look at the compound interest rate formula and solve two simple problems 2:18, then we create a table and graph it and look at how different rates of interest including inflation play out over 100 years and how fiat currencies gets devalued 15:57, and finally we talk about what all this means including how in the limit the banks and Wall Street will own everything 55:41 [if you want to skip the math and get to the interpretation then 55:41 is where you want to start].

The main concept that I’m trying to get across in the video is the approach to analysing capitalism referred to as Differential accumulation. If you haven’t heard of this I highly recommend reading the following article: “Differential Accumulation” by Shimshon Bichler and Jonathan Nitzan.

Other than that, hope you enjoy, and comments and feedback are always greatly appreciated.

Peace