1 Dollar a Gallon- The real price of Gas

[BeantownJim]

well done!

[Mrjosheboy]

i have a one dollar coin

[totallyunderpowered]

You do realize that in citing historical information about the value of gold, in US dollars, when the dollar was still on the gold standard, is as circular an argument as you could make.

The value of gold has always fluctuated. Historically, it would even vary from place to place. That's the whole point of a market.

The rest of this nonsense about the value of things being measured the weight of the metals they are composed of...my God man...have you ever read a book on economics?

[purr80002]

Additionally, where is the other thing of real value going? Land does not depreciate. Buildings yes, but not land. Land is not the dirt. Land is the right to do something with that dirt, and (with a few exceptions, such as not cutting water/sewer/power lines) the right to do what you like with anything in that plot from the core of the planet to the reaches of the sky. How many of us can profess to own land? Give this comment a thumbs up if you own land, free and clear, no lean, no mortgage.

[purr80002]

I have wondered about the comparative value of things. The values I would like given a better comparison are the values of various salaries as compared to what you could purchase for (for instance) an hour's worth of work, and how this comparison has changed through the years. Can we afford less food for an hour's work than our predecessors? Wasn't the gold standard supposed to be the unit of measure by which the average layman like myself could compare these questions with ease?

[theporksicle]

lol I guess nobody made much as a gold trader between 1833 and 1930. 

[lights21002003]

*****5stars*****

[Headleyful]

I think you did an excellent job explaining the truth. I also think people know that the simplest way to understand what is going on, is to pay attention to the fundamental rule of life. It says that generally, life only offers halves. One cannot expect to take out more than what was put in. The United States has tricked itself in to a dark side of reality. The good side is that people are waking up, finally.

[Patriotgal1]

Excellent, simple economics lesson. It's a shame that it isn't a "public service commercial", on TV every night! But- That would  lead to an informed, very MAD, populace!

[FREEAMERICANOW69]

easy to understand and straight to the point.

5/5 stars.

[KLisaLisa]

Read Ron Paul's End the Fed! The Fed is killing the dollar!

[Rayven10]

@KLisaLisa Actually, the Fed isn't killing the dollar because we don't have "dollars" anymore. Only promissory notes called "Federal Reserve Notes". The dollar is doing just fine - if we would only bring it back, and back it with tangible hard assets.

[GmanX101]

We seroiusly need to help our country right now before it collapses.

[davidnightingale]

Great vid. The debt money creation scam, lending book keeping money created out of thin air is at the root of the problem. Easy to do when money is just numbers on a computer. The banksters can still run scams even when on a gold standard. Promisary notes we call cash and fractional reserve system.

[robertdjwizard]

Smart very smart video.

[CravingGod]

video was very well done. Good job.

[Ba101]

Good video thanks

To kearn more about the price of oil: Lindsey Williams Interview in July -- and the other videos with him.

[almartin77]

Down with the Federal Reserve and the IRS.

[fupasack2]

you should watch the very boring yet informative documentary called money masters-how bankers gained control of america. it is the absolute BEST video ever made on the face of the planet! it is pure genious!

then watch the creators discuss with alex jones on his show. they say that having money backed by gold is NOT GOOD. for many reasons. just WATCH

[Ba101]

Thats the way to get them to watch it. Tell them its boring.

Crucial information it contains! -- madam yoda, lol.

[fupasack2]

obviously your just a dumbass and shouldnt be permitted to speak.

[Ba101]

Projecting again, I suppose.

[fupasack2]

what the fuck are you talking about nerd!

[fupasack2]

awsome video! but i still have not come to the a conclusion on what would be the absolute best currency. one backed by gold? or one backed by the economy but IS NOT BORROWED from a PRIVATE company like the FED. if we actually created our own money that would take away the pointless debt creating system we have of borrowing. it would also mean that the people who are in control of how much money is printed are then ELECTABLE.

[Ba101]

I don't think we need to debate what the bast currency is right now. We need to get the word out that we are drowning first. Get out of the water then plot the course home.

[RunFlip]

u no what would be funnny iff you came 1 million air in us and you came to england you would only have 500 houndred thousand siners 10 dollars is only 5 pounds in england

[launchpadmcquak]

The writing's on the wall. A $300 billion housing bailout bill passing makes the $30 billion bailout of Bear Stearns look like chump change. Included in that bill is IRS reporting of ALL credit card transactions. Get out of the dollar (electronic or otherwise) and get some gold!

[dieforddie]

Paul seems to be over most voters heads.

'Lolz Obama is gunna be on mtv tonight u gonna watch???'

[Lash090909]

wow......... I never thought of it that way, but it makes so much sense!

[todaystomsawyer]

It's going to take so long to get back to the good old days of gold and silver, but it still has to be done. I think the only way to do it, though, is if we hit rock bottom to awaken the sheeple. This concept isn't even that hard to understand, but people just keep their head firmly planted in the sand!

[ThunderZone9]

thank you for help spreading this information. I don't know why people can't understand this stuff

[InTheSticks1881]

Understanding why price inflation truly occurs is today, perhaps the most important idea to get across.

[mindlessautomaton]

So the idea is to spend all of our remaining money to try and re-back our dollar with gold and just go more bankrupt because our dollar is worth less than the gold you back it with?

[rapzeh2]

@ mindlessautomaton

why spend money all your money ? and on what ?

we don't need to buy the gold again , just back up the dollar whit it and prices will stop going up (actually the dollar will stop going down)

its as simple as that

[mindlessautomaton]

What I'm asking is how are we supposed to get this money to buy the gold to back the dollar again? Previously we were spending more money on the gold than what it ended up being worth (similar to the penny).

[rapzeh2]

you don't need to buy the gold

[mindlessautomaton]

what are you talking about? Where does the gold come from then? It's not like we've got an unlimited supply of gold to back our money up.

[bma5610]

You don't need to have an equivalent amount of gold to back up every single reserve note issued by the government. Like any bank, you only need a certain percentage of that amount on hand - just enough to allow people who want to "cash in" their notes to do so (like when somebody withdraws money from a bank account - banks wouldn't exist if they had to keep the sum total of everybody's deposits on hand at all times - they buy bonds and notes with the rest to earn revenue).

[VoteLiberty]

Great job. This is how easy it is to understand economics, and there is NO NEED to go to college to learn. You can learn in five minutes from a frickin YouTube video! Just think about how many poor saps are forced to learn the economic philosophies of others, rather than something this simple! No WONDER most people turn away from economics! That's why the establishment makes it so unappealing!

[traveltowealth247]

Thanks greatt info please do more when you can

[SMichaelG2]

Andrew Jackson totally wiped out the National Debt by eliminating what the Federal Reserve does today. The FED is a government-sanctioned counterfeiting operation ... Ron Paul for president!

[SCUZ06]

BEWARE THE NWO!

 Vote Ron Paul!!

[madmod72]

500000*

[rockondon]

lets use gold mother fuckers

[myspacecomments]

please see - Dollar in Danger- The Greatest Threat to America for an in depth explanation of the true issue facing america. national healthcare is not possible when we currently owe $53 trillion in debt- Democrats are insane to have this agenda and need to get there heads out of the sand republicans also we can NOT continue to occupy 130 countries and finance war!

[teshuah]

Trying to spread it around! Very well put together!

[americanswan]

Good video. I am going to spread it around.

[maggiebott]

This is by far the easiest way to explain our current dilemma and why Ron Paul wants to eliminate the federal reserve.

[RonnieJamesreamer]

Governments love fiat currency.! Nice video.