I Want The Earth Plus 5 Percent

John "KingofthePauper" Turmel writes:


"Great series of videos. Only one small mistake."


"Part 2: 5:15 Voorhis mistake of thinking banks lend out 900% of the deposit in new money when it's 90% over and over again up to 900%. The error is thinking he collected $45 and paid out $3 to the first depositor but he actually paid out $3 to each of the other depositors totalling $30, not $3. But that's a minor erorr that does not detract from being ritght on everything else." 


Here are the links to the 5 parts of this video "I Want The Earth Plus 5 Percent"

Part 1/5 http://www.youtube.com/watch?v=no0Y0RVrWFM 

Part 2/5 http://www.youtube.com/watch?v=XkdMIr_Pv9U 

Part 3/5 http://www.youtube.com/watch?v=XBF4DpIkTSQ 

Part 4/5 http://www.youtube.com/watch?v=sF_bpO6mSHU 

Part 5/5 http://www.youtube.com/watch?v=8mpQGx1BRnI