False Currency, Real Control (The Housing Bubble)

[mike1234L]

Did Bernanke really "spend" 200 billion dollars? Or did he inject 200 billion into the financial system to prevent deflation after the financial crisis? Didn't Milton Friedman and Anna Schwartz's Monetary History of the United States show the problems with a rapid contraction of the money supply? What? Wy no mention of this? His predictions of inflation haven't borne out either...there are probably nuggets of truth to what he is saying but I'm not sure the main thesis is correct.

[LYRICALMESSIAH760]

End The Fed.

[standinginnothing]

thank you, very interesting, learned something

[TreachMarkets]

Great analysis. Peter Schiff has explained this stuff too, but I think maybe he goes too fast and some people don't get it.

[empbac]

Some good points here. I like what you said about the purpose and working of bonds.

[clunk1212]

END THE FED

[faszika]

your head is glowing Stef :)

[zorinandrey]

How exactly do hive off the profit? and how come is government responsible for that? I could not understand.

[kangalanatolian]

If I buy somthing that is worthless but making money temporarily, I would have to make a LOT of money quickly. Yet you already said that the rate from these loans was really quite low.

People default on the loans, so they lose the house and you rent to them or someone like them for less, but not a total loss.

Ron Paul rules. You make some sense but don't sell Ron Paul short.

END THE FED. GOLD IS MONEY

[utubehayter]

Try reading Rothbard and Lew Rockwell.

Don't bring up Ron Paul without understanding what he is talking about. Its people like you that have put Stef in opposition to Dr. Paul, when there needs to be little.

[WSMinarai]

Economics, oh dear God, thankyou. My brain was starting to leak out of my ears to get away from the tedium of philosophy

[bbburton]

I was with you until you said the US was not justified in bombing Japan. That I take issue with. War is rarely justified, and never relished by the ones fighting it. Invading Japan would have been tragic for those who would have had to fight there. I'm not glad about bombing Japan, but I would have been mush less pleased had more American soldiers lost their lives trying to occupy Japan through military invasion.

[AzraelsJudgement]

Japan wanted to surrender before we bombed them. We also bombed civilians and what happened to be the 2 most christian cities in japan.

[bbburton]

This is a first. I've never heard about a surrender plea before. Where did you get this information? I'd like to read something about this.

[AzraelsJudgement]

Just research history outside public school textbooks.

[utubehayter]

also note that there was no third bomb made to "continue the bombing" ... why not? Because the Truman knew Japan was about to surrender and he wanted to get the bombs in -before Japan could surrender.

[AzraelsJudgement]

Good catch

[lastnymleft]

Sorry, but AzraelsJudgement is correct. You have bought into a myth deliberately created by Rockefeller foundations. Japan had been trying to surrender for months prior, but the US wouldn't let them. The first bombing was not for Japan's benefit, it was for Russia's, as a signal to them that the US was the new world boss. The second bomb was more for technical reasons, as a live test of new technology.

ncesa. org/html/hiroshima. html

+ book:

"The Decision to Use the Atomic Bomb" Gar Alperovitz

[utubehayter]

Even if you did not know the intimate details of the times - just observe the time difference between dropping of the two bombs. If you were going to obliterate an entire city - hundreds of thousands of people - and then repeat it - would you do it within 3 days and then stop? Obviously you will wait for a response if you were waiting for a surrender. So why did it take only a gap of 24 hours to drop the second bomb - in a time when it took days for messages to travel across continents?

[kangalanatolian]

It did NOT take days for messages to travel anywhere in WW2.

They simply did not surrender, and without an understanding of what happened, they were not sure what to do. The second bomb proved it was part of the WAR.

The public mindset was survival WAR. There was no understanding of complete destruction of life on the planet or long term consequences.  It is not reasonable to judge the past by todays standards.

Stefan: How in the world could the US justify bombing Japan today? earth calling...

[utubehayter]

Really? Talk to some WW2 vets. Who told you what they were up to? its funny that you claim that they assumed that it was part of WAR after the second but not the first bomb. Do tell what if they had not figured out even after the second bomb? Was there a third bomb waiting? Surprisingly the scientists of the manhattan project knew exactly how many bombs it would take to convince Japan to surrender - EXACTLY TWO.

You think nobody knew what a nuclear bomb did.. right? What about Los Alamos?

[utubehayter]

Why the 3 day bombing and then halt of the bombing? If 3 days was an appropriate time difference, why was there not 3rd a bomb dropped on 11th Aug?

Lets see - when did the bombs leave New Mexico labs? When did they reach the bomber base in the island Tinian? When were they loaded into the bombers and dropped? If you look at the supply chain, it is pretty clear that the bombs would have been dropped anyway. Truman wanted a name in history and he got it.

[kulza23]

Gary North is saying that the Fed is actually deflating. What do you make of that?

[MaverickCentricity]

If the Fed deflates, they the national debt would become unservicable. They will inflate in order to continue servicing debt. That's my opinion.

[UnhealthySalad]

No, the Federal Reserve is throwing money left and right. It's the other banks that don't want to lend money, which causes a deflation, i.e. a contraction of money/credit. If the Fed were to do nothing, we'd be headed toward another great depression, because the market wants to deflate (look up the phrase "downward" or "deflationary spiral"). The Federal Reserve is trying to fight this with inflation.

[jackson32]

Gary North is wrong about a lot of things. Saying that the FED was not inflating is ridiculous, these people are way to greedy for that. He said to sell gold 3 times in the past 2 years, each time when it was at it's lowest price. He says the establishment is "terrified" by the fact that more people are learning about what is going on through the internet. That's bullshit, the masses are fed lies by the controlled media, brainwashed, and incapable of rational thought. He's also a bad writer.

[thorsmitersaw]

they are inflating credit not "actual" (obviously the greenback is not real money... :-P) paper money... so far as I understand.

[ShiekYerbooty]

Down with the Federal Reserve, Down with fiat currency, work your ass off for monopoly money

[ilcailtbidlnns]

I was almost there in understanding of what has happened-This video put it all in perspective for me. It is funny that the media and papers keep saying "recession" hiding their lies and still trying to promote their agenda. When it all comes down, the lies will be seen and the public (middle class) will fill the street like 1776. I hope this does not happen, but all Americans must know their Declaration of Independence and place to uphold the values of The U.S. We will rebuild with no wallstreet

[TheBigHo111]

Well I have a PhD, and your completely WRONG...

Just kidding. Great video. A couple of questions;

Do you think this would be a time to consolidate wealth among elites? To buy up property for pennies, then wait for the economy to surge upward again? (like the great depression)

Maybe change the political philosophy of the U.S. from democratic to another "less" diplomatic philosophy? One that is controlled by the aggregated wealth?

CONT...

[TheBigHo111]

One last one...

If the economy really crashes, what do think of the U.S. possibly splitting into regions or back to individual states with no federal government? Just curious of your opinion.

Nothing seems impossible right now.

Much love, TheBigHo111

[qtronman]

So you're saying that companies that profit from war are essentially driving war? That economic forces are responsible for war.

[AzraelsJudgement]

Great video. The Federal Reserve is on the top of my most hated list.

[Lucidtomr]

I knew the Fed has some involvement, but didn't know the exact cause... The war had some part in it too I know. Thanx for the vid

[rockmx8]

They're going to scrap the dollar for the Amero soon it seems as well...

[AzraelsJudgement]

Yah as he said the Iraq war is the way to plunder the treasury.

[TheBigHo111]

Thanks for sending this to me. I'm already subscribed, but I might have missed this. Thanks again. TheBigHo111

[kulza23]

What about government itself?

[AzraelsJudgement]

Hey theres alot of room at the top!

[JiayoJames]

5*

Really awesome stuff... will be interesting/scary to see how accurate your predictions are

[willyswear]

What about the $300 everyone is going to get that should really turn all this around. At least that is what Bush is saying and he is never wrong.

[VCADD]

I'm blind,BLIND!

Sorry,couldnt resist the shiny head thing, and since I'm at it,the horror.....THE HORROR!

Sorry,the truth is I see better than ever,THANKS.

[TruthHidden]

Government currency of any margin is bad enough. Fiat currency controlled by oligarchy backed private corporate banks is a new low of tyrannical derangement. It is yet another nausiating development in the United States, and then the world from the 20th century. False economic controlled abstract constructs are lovely examples of the paradigms that need to be shattered to initiate logic back into personal economic decisions.

[D4Shawn]

So how do people (with enough money to care) secure their existing wealth? Have any suggestions? Should everybody be investing in gold and silver? How will the collapse of the dollar affect foreign currencies (in specific and in general)? Is there anything you are doing personally to secure your future? Inquiring minds want to know (and so do I)!

[qtronman]

Check out a libertarian finance guy named Peter Schiff. (He recommends buying up foreign assets to protect your ass.) He's got a bunch of videos on YouTube about this exact topic.

[TheUnworthy]

I like the inclusion of the word 'anal' in the video's tags. Seems appropriate when discussing The Fed.

[onlywhenprovoked]

the fed reserve is sucking us dry

its time to take our money out of the hands of this private corporation that smells a little too much like enron

[iamjackscolin]

I sure feel like I'm broke all the time.