Comments by "alex smith" (@alexsmith-ob3lu) on "" video.

  1. Since the First Industrial Revolution, Britain money system is run by private banks who make profit by charging high interest. Before the creation of the "Federal Reserve Bank" (bloated interest debts), America financed wars, transportation and infrastructure by units of Gold or Silver. It was only during the Civil War, that you had Abraham Lincoln drop the Gold Standard, and temporarily replace Gold with "Units of Labor". Workers, managers and soldiers were paid on how their productive labor performance in the factory or out on the battlefield. On top of that, the Union had 95% of America Industrial base, whereas the South had less than 5% of heavy industry.
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  2. The Union used its vast material wealth (manpower and industrial) to defeat the Confederacy, not big buck$.
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  3.  @bullhead900  But it takes good manpower, commercial business, and strong industry to create the money needed.
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