Hypothecation Is the Source of Our Slavery

Glenn Beck and David Buckner outline hypothecation and rehypothecation in the following video. This practice is the reason that the world’s debt is actually $1.5 quadrillion (or $1500 trillion) dollars.

The most common reaction to this information: “I can’t comprehend that figure”. So the question is simple: if our debt is so much that we cannot comprehend it, how can we hope to ever pay it off? The answer is also simple: we cannot pay it off and this is the classic definition of indentured servitude otherwise known as slavery.

David DeGerolamo

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