If You Don't Understand Bonds, You Don't Understand Money

Author: Fred - Money Historian (YouTube Channel)

What the lack of respect for the truth will do to you...

The video builds up a thesis that people don't understand bonds. The reason they don't understand is given late in the video. So I jipped it there. But by all means, watch it all.

This isn't a fault of the author of the video, but in order to save time, and can get to the point; which is that the people are uninformed because the news media and educational system doesn't tell you what you need to know.

But if you don't know, then it really is your own fault. It has been known for the longest time that these institutions are biased, and that bias isn't in YOUR FAVOR.

When it all goes down, the public is going to blame SOMEBODY, and the odds are that the blame will go where it doesn't belong, and that somebody innocent will become the scapegoat. That's the way of the world.

Therefore, when the SHTF, try to step out the line of fire. Know what I mean, Vern?