thanks great to be here all right david graber which came first debt or money and how do you define the well if you define money really broadly i suppose in a certain sense it's always been around as one of those things that you know wasn't really invented at all any more than say music or clothing is you know money is just a way of saying twelve of these are worth two of those it's a way of measuring proportional values i guess you could say dead on the other hand is when you take a promise and turn it into money when you take a promise i can be precisely quantified and because it can be turned into money turned into mathematics you can transfer it from one person to another normally if i make a promise to someone else i can't actually you know you can't sell my promise to a third party that's what makes debt so special it's impersonal it's detached from any actual human relations so in that sense money had to come first but the odd thing is that we're used to thing the money is coins and that didn't come first at all in fact cash isn't really a late comer money can actually origin

for tonight's conversations with great minds i'm joined by dr david graber i should graber teaches anthropology at goldsmiths university of london and has written a dozen books that examined issues of culture politics economics and history and is a regular contributor to some of the country's leading magazines and harper's the nation and the new left review in two thousand and six he delivered the melon kosky memorial lecture at the london school of economics an annual talk that honors outstanding anthropologists who have fundamentally shaped the study of culture and this past spring he was honored by the anthropology department a u.c. berkeley his latest book debt the first five thousand years chronicles how the concepts of debt and credit of defined human history and what this means for our current credit crisis and the future of our economy and i doubt our culture from new york times has described him as a scholar whose books and articles are used in college classrooms around the world and an anarchist who is a card carrying member of the industrial workers of the world. and of quote i could

for this edition of the kaiser report with me max kaiser and stacey armor and we thank my guest david graber if you want to send me an e-mail please do kaiser report at r t t v dot are you until next time this is max keiser saying by all. the. headlines are telling you russia city of god a slob poll says an emotional goodbye victims of wednesday's plane crash that killed almost all of the local ice hockey team. thousands of people streaming into the stadium where a locomotive jaroslav all played i'm sean thomas in jaroslaw as a city mourns and grieves the loss of their starch. the u.s. prepares to remember september eleventh the day that unleashed the war on terror now feared by some to have been an even bigger threat to the world. and egypt declares a state of alert after a crowd storm the israeli embassy in cairo and reached by the killing of five egyptian border guards last month. just after two pm here in the russian capital and you're watching r.t. the families and fans of russia's local motif ice hockey team gather at the home stadium where the players who died in wednesday's plane cra

for this edition of the kaiser report with me max kaiser and stacey harmer our thank my guest david graber if you want to send me an e-mail please do so at kaiser report at r t t v dot are you until next time this is max keiser saying bio . it. russian city of jaroslava pays its last respects to the victims of wednesday's plane crash that killed nearly the entire local ice hockey team these are live pictures you're looking at right now from the moment aerial service. thousand so wait in the rain to get their chance to pay their last respects on sean thomas. and we have all of the details of a city and a nation in mourning. the u.s. prepares to remember september eleventh a day that unleashed the war on terror now feared by some to be an even bigger threat to global security. than a crowd of egyptian storms the israeli embassy in cairo enraged by the killing of five egyptian border guards last month. ten am in moscow i'm at treasure good to have you with us here on r t our top story families and fans of russia's lokomotiv ice hockey team gathered at the home stadium where the players who di

and they took paper instead of gold the whole history of gold as we learned from our show with david graber he said that gold always comes back into use as a currency because it's used to pay soldiers so america is trying to tell us a society that in fact in this case they don't want call the soldiers didn't want gold they wanted cash they wanted u.s. dollars. but again you know the article mentions and points out this is from the financial times that could offer was unique libya was unique in that there are some true bank actually held their gold in their country unlike chavez they point out so a lot of this is another theme we're talking about all the time is that many of these nations around the world including germany china and chavez were were holding their gold in america and whether or not all i ever get back much of ours was two hundred tons of gold shit back to venezuela one hundred tons of the bank of england undertones held by banks like j.p. morgan and if he actually delivered the call j.p. morgan once again stock price zero so let's stay with libya here tony blair's libya polic

for this edition of the kaiser report with me max kaiser and stacey armor and we thank my guest david graber if you want to send me an e-mail please do so at kaiser record at r t t v dot are you until next time this is mexico saying bio. the american tourists love the i hope the stadium becomes a place of mourning with hundreds of thousands including prime minister vladimir putin paying tribute to the poor three victims of wednesday's plane crash which claimed the lives of most of the team and key staff. a nation gone new security threats emerge on the eve of the terrifying about three of the nine eleven attacks ocean lege the war on terror right now feared by some to have been an even bigger threat to the world. and recent rocky relations between israel and egypt but by the train that protests there's still movies radio on the scene cairo with ambassador and almost all his star wars t.v. . news so russia and around the world this is also here with me you national thanks for joining us the home arena for yaroslavl lokomotiv ice hockey team has become the program which side for those in mourn

it for this edition of the kaiser report with me max kaiser and stacey armor our thank my guest david graber if you want to say me now please do so at kaiser report at r t t v dot are you until next time this is mexico saying bio. on. them. all. okamoto there's ice hockey stadium becomes a place of mourning with hundreds of thousands including prime minister vladimir putin paying tribute to the forty three victims of wednesday's plane crash which claimed the lives of most of the chino and he started. a nation guard's new security threats emerge on the eve of the tenth anniversary of the nine eleven attacks which unleashed they want to know right now he is by south to have been an even bigger threat to the world. and rescind the rocky relations between israel and egypt on but rather strange as protesters stormed these radio embassy in cairo down the boxes and almost all the stall for. russia under around the world this is all see with me here thanks for joining us the home arena for us that was a locomotive the ice hockey team has upon the pilgrimage site for those morning most of its players

it for this edition of the kaiser report with me max kaiser and stacey armor our thank my guest david graber if you want to send me an e-mail please do so at kaiser report at r t t v that are you it's all next on the back i was going by oh. locomotive gets louder try the stadium becomes a place of mourning for the hundred thousand including prime minister vladimir putin paying tribute to the fourth of three victims of one of the things plane crash which claimed the lives of most of the team and he starts. a nation god new security threats emerge on the eve of the tenth anniversary of the nine eleven attacks which unleashed the war on terror and now did by some to help in an even bigger threat to the world. recent rocky relations between israel and egypt have been rather strange as protesters stormed these radio and in cairo down basset hound almost all sunday. and a very warm welcome from all of us here and also this is also you with me you know should provide our thanks for joining us here us love as a rino two thousand homes stadium for the city's locomotive i hope eighteen have become a p

for this edition of the kaiser report with me max kaiser and stacey armor and i thank my guests david graber if you want to say me now please do so kaiser report at our t.v. that are you until next time this is back on the same bio. been here broadcasting live from washington d.c. coming up today on the big picture. both of. you. hello i'm john arbonne in washington d.c. and here's what's coming up tonight on the big picture in our conversations with great minds veteran war journalist and author edward g. or day joins me to talk about his latest book killing the crane comes an in-depth look inside his thirty years of reporting on some of the world's we just we will also get his take on america's current situation in afghanistan also last night the president unveiled the american jobs act before a joint session of congress so will both parties work together to pass this bill and one of the political implications of last night's speech and the internet's daily take it's the new deal versus the raw deal of president obama's speech can finally put our nation back on the right track maybe. for th

for this edition of the kaiser report with me max kaiser and stacey armor and we thank my guest david graber if you want to send me an e-mail please do so at kaiser report at r t t v dot are you it's all next on this makeover saying by all. soon which brightened if you knew me by the sun from france to pressure. these stunts on t.v. dot com. stories on our t.v. russia city of jeddah slava list made its last respects to the victims of wednesday's plane crash that killed almost all of the top local ice hockey teams. thousands of people streaming into the stadium where the locomotive goes level played on sean thomas it jaroslav all as a city mourns and grieves the loss of their stars. a nation on guard a new security threats emerge on the eve of the tenth anniversary of nine eleven as some fear that the u.s. war on terror has created more enemies than it's destroyed. plus a television set of cargo strike at new sourdough of relations as an average bob at the age of capital storms the israeli embassy forcing its staff to leave the country. just after six pm here in the russian capital this is ou