"The Illusion of Money" by Matthew Scott 9-7-2021
Matthew Scott: The Illusion of Money
Palisades Gold Radio: Sep 7, 2021
Tom welcomes a new guest to the show, Matthew Scott. Matthew explains why he wrote a children's book to explain the concept of money. The book is called "The Illusion of Money" but it should instead be called the "Illusion of Currency".
Eventually, faith is lost in every currency and its value disappears
Children consider banks to be like piggy banks that store money for clients. Most adults think banks make their money with loans via the difference between borrowers and savers. At university, you learn another story about fractional reserve banking and multiplying deposits via reserve ratios.
However, the real way money is created is via loans generated out of thin air issued by central banks. It's new "money" that never existed before that moment. Those closest to the banking system can take advantage of the system and use it to slowly extract wealth from society.
Today, much of the money is created from the housing markets which are in bubbles once again.
Matthew explains his balloon model anecdote for the economy and how banks and politicians manipulate the economic system.
This process creates opportunity but brings along with it numerous issues. He is planning a second children's book on the smoke and mirror illusion of politics.
Time Stamp References:
0:00 – Introduction
0:33 - The Illusion of Money
5:15 - Principals of Money
7:45 - Kickstarter Release
8:50 - Money Creation
12:48 - Distortions & Inequality
15:49 - Lessons in the Book
18:25 - Balloon Economic Model
23:04 - Austrian Thought
25:15 - Wall Street Silver
27:30 - Illusion of Politics
31:12 - Wrap Up
Talking Points From This Episode - Educating children on how fiat functions and how banks create money. - Balloon model for the economy. - The Wall Street Silver movement. - Smoke and mirrors in politics.
KTFA:
Clare: Under the Patronage of Prime Minister Ali Faleh Al-Zaidi, Iraq’s Permanent Mission to the United Nations Hosts Roundtable for Representatives of U.S. and Iraqi Banks
Under the patronage and in the presence of Prime Minister Ali Faleh Al-Zaidi, Iraq’s Permanent Mission to the United Nations in New York hosted a roundtable for representatives of a number of U.S. banks and financial institutions, as well as officials and specialists in economic and financial affairs and representatives of Iraqi banks.
In his remarks, the Prime Minister affirmed that Iraq is entering a new phase of economic transformation and financial and banking reform.
MilitiaMan & Crew: The Truth About the Port of Fall & UN Speech: Iraqi Dinar Update
9-25-2026
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.
Follow MM on X == https://x.com/Slashn
Iraqi Dinar Strengthens Against Us Dollar Following Prime Minister's Us Visit
Ahmed Mohammed At a Glance
The Iraqi dinar has strengthened against the US dollar, with 100 US dollars trading at 157,000 dinars.
Iraqi Prime Minister Ali Faleh Al-Zaidi met with US financial institutions, banks, and President Donald Trump in New York and Washington.
Good Morning Dinar Recaps,
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KTFA
Friday Night Video
FRANK26…8-25-26….Z PUBLIC ANNOUNCEMENT
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
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From the Fed’s entrenched influence to the bold integration of blockchain technology, Ring’s insights paint a vivid picture of an industry at a crossroads—one where constitutional freedoms, customer protection, and innovative digital assets intersect.
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The conversation shed light on critical issues such as a predicted bond market correction, soaring national debt servicing costs, potential currency shifts, and persistent inflationary pressures that continue to be influenced by global energy dynamics.
Bruce’s Big Call Dinar Intel Thursday Night 9-25-26
Transcribed By WiserNow Emailed To Recaps (INTEL ONLY)
Welcome, everybody, to the big call tonight. It is Thursday, September 24. You're listening to the big call. Thanks for tuning in, everybody. We're looking forward to having a really good call tonight. I'm excited. I hope you get excited,
Now let's get into the Intel segment and see where we stand today. Today is Thursday, the 24th of September. We have basically six days left in the month. It takes us through Next Wednesday, we have heard that we are on track for us to receive our notifications, and it looks like this.
Good Afternoon Dinar Recaps,
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The Federal Reserve is moving to establish the regulatory framework for payment stablecoins, bringing digital dollar infrastructure closer to the regulated banking system.
How Did Swift Become A Bargaining Chip In Washington's Hands?
Information/Baghdad... Expert and strategic analyst Qasim Qasir confirmed on Thursday that the US administration continues its policy of economic blackmail and systematic financial piracy against countries and peoples who reject its policies of hegemony and arrogance. He pointed out that Washington has transformed the global financial system, the SWIFT system, and the dollar into tools of war and pressure to punish anyone who opposes its dictates and dubious agendas.
Ariel: Do you Know What was Just Announced?
9-25-2026
Do You Know What Was Just Announced?
Translation: This is Iraq’s official invite to American banks to plug directly into its financial system, which ends the isolation that kept the dinar suppressed and unlocks foreign capital inflows that can only settle at a market-reflective rate.
Friday Coffee with MarkZ. 09/25/2026
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
MZ: The Un meetings and Zaidi being in the US is bringing us a lot of news.
GP Q: Currency Watch as of 24th September 2026
9-24-2026
Currency Watch — 24 September 2026
Facts only.
Settlement rails ≠ a revaluation.
Europe — Pontes is live
On 21 September the Eurosystem switched on Pontes:
wholesale trades in tokenised assets can now settle in central-bank money, not just bank deposits or stablecoins.
Emailed to Recaps~Thank you David
Reset Intelligence: Iraq Invites America's Banks.
By Reset Intelligence | @EXIT_FIAT
Iraq's Prime Minister told a table of American banks why Iraq's banks have been weak: too little connection to the world's banks, American banks above all. Then he asked them in.
The same day, the US handed Iraq its diplomatic post at Baghdad's airport. Soldiers out, bankers invited.
Good Morning Dinar Recaps,
IRAN RESET WATCH: TEHRAN OFFERS 7-DAY PATH TO REOPEN HORMUZ AND RESTART PEACE TALKS
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Catherine Brock Yahoo Personal Finance
The price of gold can be quoted in multiple forms because the precious metal is traded in different ways. The two main gold prices that investors should know about are spot prices and gold futures prices.
The Spot Price
The spot price of gold is the current market price per ounce for physical gold as a raw material, sometimes called spot gold. Gold ETFs that are backed by physical gold assets generally track the gold spot price.
Rob Cunningham: The Truth Protocol Wins
9-23-2026
THE TRUTH PROTOCOL WINS
When global leaders adopt absolute, exacting, neutral and non-negotiable standards of truth, the world does not need one blockchain, one currency, one corporation or one nation to control the future.
The STANDARD wins – not any one protocol or blockchain.
KTFA
Thursday Night Video
FRANK26….9-24-26…..LET’S GET IT ON
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Good Afternoon Dinar Recaps,
GLOBAL BOND RESET WATCH: U.S. 30-YEAR YIELD HITS 22-YEAR HIGH AS GLOBAL DEBT MARKETS COME UNDER PRESSURE
Rising long-term borrowing costs in the United States and other major economies are putting renewed pressure on government debt, inflation expectations and the financial system built around global bonds.
TNT:
Tishwash: Iraqi Dinar Strengthens Against US Dollar Following Prime Minister's US Visit
At a Glance
The Iraqi dinar has strengthened against the US dollar, with 100 US dollars trading at 157,000 dinars.
Iraqi Prime Minister Ali Faleh Al-Zaidi met with US financial institutions, banks, and President Donald Trump in New York and Washington.
Oil exports have rebounded near normal levels to 4.5 million barrels daily, bolstered by stabilizing financial conditions