Monday, May 21, 2012

Victoria Grant explains the scourge of private central banking

Some of you may have seen this? Some of you may not have?
I just can't pass it by.

If you leave a comment. And I hope you do. Don't waste any time on "her parents wrote it." Or anything along that line.
Twelve year old children are completely capable of understanding concepts such as the one this girl explains, if they have involved, concerned and aware parents.
 If children have parents, who think there "parenting" consists of providing cable television and video games, so real true parenting can be avoided, then this little gals understanding a rather simplistic concept will seem an impossibility.

How involved are her parents in making her aware of the role debt enslavement and banking will inevitably play in her life?? As was covered in the Toronto Star this past week-end......

Very. I have nothing but respect and admiration for them.

An A student, Victoria spent weeks preparing it. “She is friendly and bubbly, but also very determined, hard-working and disciplined,” says her mother, Marcia, a principal at Guelph’s Resurrection Christian Academy. Banking has been dinner table conversation at the Grant household for some time. Zane has a bee in his bonnet about private banks, profits and national debt and has been sharing with the family.
He sees it as an ethical issue. “Money drives wars,” he says. “Bankers provide the money . . . Why aren’t we taking the money that is used for war and giving it to people who actually need it.”
So when Victoria needed a topic for a speech competition organized by the Association of Christian Schools International, she chose banking.
“It doesn’t sound right,” Victoria says, “that the government, like, has been borrowing from private banks and putting us into debt.”
Indeed, the Grant family, including brothers Joshua, 8, and Ethan, 5, troop down to the basement after their 5:30 dinner a few times a week, write on a white board, share new ideas and learn new words. For a while they were working on fractional reserve lending, where banks hold only a fraction of customers’ deposits in reserve.
They watched videos on the history of banking in Canada. They played a game to illustrate how  banks fail. Using silver coins he buys for the kids every month, Grant played the banker, accepting coins each child deposited.
Then his wife asked for a loan and got it. The kids asked to withdraw their money and, voilĂ  — no cash in the bank.
It isn’t all economics talk in the Grant household. Victoria did competitive gymnastics and now plays soccer. They go camping in the summer. Friday night they were at Cirque du Soleil. Victoria likes to design clothes and watch TV shows including A.N.T. Farm and Good Luck Charlie.
More recently, they’ve been talking values, says Grant. “I started asking how you determine if something has value, how much is a house worth, or clothes. What is of ultimate value in our lives?”
Why this style of parenting? “I want to make sure they can learn how to think critically,” he says. “I want them to question. Obviously my daughter is influenced by my opinions, but there’s going to come a time when she’s going to say, ‘Dad, I don’t agree with you.’ I want her to think it through herself.”


  1. What a brilliant talk! What a brilliant girl!!

    Its telling that a child can grasp and convey the simplicity of it. We adults always expect things to be complicated. I think that is because the usual way to lie to us is to complicate everything and tells us repeatedly that things are never simple in this world. Things are never simple when it comes to lies and liars.

    1. Didn't she do a great job?!!
      In 6 minutes!!
      I had heard Ellen Brown talk about her last week. Bookmarked it, but, just didn't get around to posting it..

      "I think that is because the usual way to lie to us is to complicate everything and tells us repeatedly that things are never simple in this world. Things are never simple when it comes to lies and liars."

      I couldn't agree more!
      Was thinking the same thing as I listened to her twice.
      It is really that simple, but your right, the waters are always muddied to make everything more difficult to discern.

  2. we need more kids like this! thank you for sharing,

    1. And more parents like hers!
      thanks for stopping by njt!

  3. It took 6 pages of Google search to find this page which gives, on the face of it anyway, a clear indication of how much of her performance came from her and how much from her parents. The answer is not surprising; this is what should happen in a family, and applause is certainly due to all parties.

    Now, with apologies for changing the subject from economics, what has my attention is a self-avowed Christian who says “I want to make sure they can learn how to think critically, ... I want them to question". If only every religious person could say the same!!!

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  5. The use of video in this blog post made more appealing to many people. Surely this will benefit them as much as it had benefited me.

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