The US dollar will never be in danger, because the US now controls most the oil in the world. Its a joke saying teh Iraq war cost the US too much money.
Again.
The world will not run out of oil. There is more oil under the North Iraq desert than has been traken out of the earth sins they drilled the first oil well. They just play with oil supply and demand to gain power through manipulation of the world economy
Consider this: a person making, say $50,000.00 per year in 2008 only has the effective purchasing power of $9,030.69 in 1970 dollars; so, in other words, a person who makes about $24.00 dollars per hour in 2008 only has the purchasing power of $4.34 per hour in 1970 dollars. Now, when you consider the same $50,000.00 today compared to the purchasing power of 1913, then that 50K only has the purchasing power of $2,304.22 in 1913 dollars...Ron Paul Hits It On The Head!
Stagflation is usually high NOMINAL growth, along with high inflation. When you substract the inflation rate from the NOMINAL growth figures, you get real growth. So if you have nominal growth of 10% and inflation of 10%, you get zero real growth and the economy is going nowhere. If the nominal growth isn't high, you have very negative real growth and an inflationary recession or depression, not stagflation. The important point is we are going to have an inflationary recession or depression.
Kuwait was drilling at angles under Iraq and effectively stealing Iraq's oil.
Cheney lied to Saudi Arabia that Iraq had tanks and munitions lined up on its border.
This so called "finishing" of which we will see what unfurls, is not based on what you believe sir. Saddam, before the nazi usa governments ritual sacrifice of the folks in those towers back in 2001, announced that he was upset at how he was being treated by various regimes abroad and decided to trade his oil in Euros.
Im a muslim and even i say go to war with the iranian shia fanatics!....It will be great fun watching all three of the most violent sadistic nations killing each other..Israel, Iran, USA!
See the New York Investing meetup's web site (shown in the video) to get the notes from the presentations from our most recent meeting on November 14th. To find them, look on the left side of the web page and click on the word File. You will see presentations on "Investing Like It's 1979" and "How to Profit From the Falling Dollar". Some of this material, but not all should be appearing on You Tube soon.
High point of US dollar vs Euro: 1,20 euro per dollar in 2000. Low point : less than 0,70 right today. Total: more than 70% price increase of everything americans import from Europe. Same thing for Oil: the price shock is hard in Europe, but 70% harder in the US. In the end: little growth, lots of inflation. And credit rates jumping pushing people into the streets.
Thanks for the information, this is a useful video. Hm. Of all the uses for YouTube, this has to be the most important - distribution of information. Again, thanks. Subscribed.
Thanks for your support. The truth about the economy and what are the best investing choices are rarely found in the mass media. The Wall Street spin machine makes sure Wall Street makes money and the indivual investor is lucky if he gets what's left over.
Yes he says first optimists hope for high growth and high inflation, while stagflation is what you just defined. But he then says he is expecting low growth and high inflation, coming back to what stagflation is
The video says high inflation and high economic growth. Perhaps it would have been clearer if it said high inflation and high nominal economic growth. When stagflation is bandied about the media this is what they are referring to. We are likely to wind up with high inflation and low or even negative nominal economic growth.
Quiet the antithesis, this is not suggesting hoarding. This is suggesting that you get out of the falling U.S dollar and into assets that will increase in value, such as gold, silver and oil. A collapsing currency is not what caused the Great Depression. It is the big problem in the U.S. today however.
You realize what you are sudgesting is the investors equivelent of hording behavior. Something or great grand parents did during the great depression.
Go to the New York Investing meetup website and click on FILE. You will see the notes from my presentations. You will find more investment ideas there.
Please join the group (it's free) so you can get frequent updates.
I've been saying sort of the same thing. I have been telling my family that oil and other commodities are showing our real value, not just the phony figures come out of the GAO.
Oil price, among other things, is where we are being taxed. Wars aren't free.
bummer.... although he never touches on the fact that a weak US$ will bring alot of foriegn investment, especially from europe who can afford twice the amount of reasources on the $ instead of the Euro
trist - believe we did touch on that in other episodes, but you are correct and it's been happening already with foreigners buying up many of our best assets
You got to have faith. Dr.Paul was a hit on Leno last night and Hillary was a flop at the past debate. Things could turn around but if they don't--there's always Asia. Jim Rogers set up shop there....
Compared with the Euro, the C$ isn't worth much. 1 C$ only buys 0.726 Euros, nothing to brag about! Mainstream media keep telling us the Canadian Dollar is strong, it isn't, it's just slightly less weak than the much weakened US Dollar.
Love it! Love your channel. May I if I could suggest Ron Paul? Freedom for our country and our people! Always. The fact that you would post this..well you rock!
I think this is an excellent video gentlemen. Keep up the good work. I am interested in good investments for LOW cost. essential what can the average low-middle income person do? Example: If you could invest ONLY 25 USD every week where would you put it? If you want to help people THAT is the way.
"why don't they just stop printing money?" UH, how do you just print money without something to back it up. Paper is what they are printing and what will we do 'when the chickens come home to roost'?.
Compared with the Euro, the C$ isn't worth much. 1 C$ only buys 0.726 Euros, nothing to brag about! Mainstream media keep telling us the Canadian Dollar is strong, it isn't, it's just slightly less weak than the much weakened US Dollar.
Good thing my brain, hands and feet still work. Gotta brush up on my gardening and learn to at least fish.
The major aspect here however is to reconnect with your neighbors. If you band together and discuss these issues, survival will be assured. As well, remove the writing 'depression' from these prophesies. What you will get is what you will give, and the first adjustment to make is your attitudes.
there a non adjustable problem is peoples desire have it now rather than saving for it , inducing interest rates to rise and hence inflation a vicious circle so if credit is limited with more regulation to responsible savers reducing this problem , because of low wages there need to be a low inserts way for people to gain access too affordable housing with
Can you guys look into the Chinese market? Specifically, how likely is it the US will pressure China to revalue their yuan currency and also how USA's likely future recession will impact on China and the global commodities boom?
China will have to revalue the yuan upward because the its psuedo-dollar peg is causing out of control inflation there. It will not be as a result of U.S. pressure.
The US dollar will never be in danger, because the US now controls most the oil in the world. Its a joke saying teh Iraq war cost the US too much money.
Again.
The world will not run out of oil. There is more oil under the North Iraq desert than has been traken out of the earth sins they drilled the first oil well. They just play with oil supply and demand to gain power through manipulation of the world economy
jagg1951 1 year ago
vlog make more financial videos please. i'm sure the lady is nice and all but i subscribed because i like your financial vids
shakaama 2 years ago
1) "THE OBAMA DECEPTION" LOOK IT UP 2) ZEiTGEiST - THE MOVIE 3)NORTH AMERICAN UNION & RFID Chip TRUTH! Must SEE
some serious shit!!!
casper18nyc 2 years ago
what is Adrian brody doing here?
Mediterraneanblue9 2 years ago
lets have sex
lets hookup! 16
bbista 3 years ago
what a bunch of crap
Allornon 3 years ago
Consider this: a person making, say $50,000.00 per year in 2008 only has the effective purchasing power of $9,030.69 in 1970 dollars; so, in other words, a person who makes about $24.00 dollars per hour in 2008 only has the purchasing power of $4.34 per hour in 1970 dollars. Now, when you consider the same $50,000.00 today compared to the purchasing power of 1913, then that 50K only has the purchasing power of $2,304.22 in 1913 dollars...Ron Paul Hits It On The Head!
republicae 3 years ago 2
WAKE-UP PEOPLE... and hear the TRUTH!!!
The Assassination of...
New York Governor Eliot Spitzer
youtube . com/watch?v=GMo7T9t0Gzk
statesRcountries 3 years ago
I thougt stagflation was low growth and high inflation... (5:10)
edsanville 3 years ago
Stagflation is usually high NOMINAL growth, along with high inflation. When you substract the inflation rate from the NOMINAL growth figures, you get real growth. So if you have nominal growth of 10% and inflation of 10%, you get zero real growth and the economy is going nowhere. If the nominal growth isn't high, you have very negative real growth and an inflationary recession or depression, not stagflation. The important point is we are going to have an inflationary recession or depression.
NYInvestingMeetup 3 years ago
Oh, OK, that makes sense. Thank you!
edsanville 3 years ago
they have pronounced chemical ali as guilty and should hang.
i only hope there is a better quality video of the hanging than the one with saddam.
that one was terrible.
and for gods sake get some decent sound on it !
Russelbrother7777 3 years ago
This here is about our decreasing dollar and our rising inflation, not about Iraq. Could you please stick to the subject.
donjabroni 3 years ago
well,the US didnt start the war on Iraq.
the war started with the civil rights violations within Iraq by Saddam.
Furthermore,his invasion of Kuwait in 1990.
this war w as a war which noone had the guts to finish except the U.S
even arab counties privately thank the U.S for what thy have done in Iraq.
so dont attack the U.S my friend.
Russelbrother7777 3 years ago
Kuwait was drilling at angles under Iraq and effectively stealing Iraq's oil.
Cheney lied to Saudi Arabia that Iraq had tanks and munitions lined up on its border.
This so called "finishing" of which we will see what unfurls, is not based on what you believe sir. Saddam, before the nazi usa governments ritual sacrifice of the folks in those towers back in 2001, announced that he was upset at how he was being treated by various regimes abroad and decided to trade his oil in Euros.
RESEARCH
wreckerpecker 3 years ago
i dont know about all this.
maybe true maybe not.
either way,iraq is now free.
and the country is better off now than under saddam.
Russelbrother7777 3 years ago
Iraq is now free? Maybe we should all pack up and vacation in Iraq. Perhaps theres a nice desert resort somewhere?
danpt2000 3 years ago
it is free from saddam's rule.
and on the way eventually towards democracy.
as for summer resorts,well,all in due time.
Russelbrother7777 3 years ago
so what should we do?
buy what?
Russelbrother7777 3 years ago
Buy A DOG...They are loyal to the end......LOL
BUY BUY AMERICA!
THE WORLD WILL NOT MISS YOUR ENDLESS WAR MONGERING!
IsraeliTerrorism 3 years ago
ok.i buy a dog,to start a war.
well it sounds good.
the way out of the recession,is to have another war !
well,the obvious answer must surely be a war against Iran.
Russelbrother7777 3 years ago
Im a muslim and even i say go to war with the iranian shia fanatics!....It will be great fun watching all three of the most violent sadistic nations killing each other..Israel, Iran, USA!
GO AMERICA!....GO BUSH!....LOL
IsraeliTerrorism 3 years ago
well its either us or the chinese take your pick.
and believe me the chinese wont be so nice !
at least when we fight wars we are decent about out killing.
ok,we killed poor sadam,but we at least put him on youtube !
i wonder if chemical ali's hanging will get a better picture and some decent sound !
Russelbrother7777 3 years ago
carpet bombing is not what i would call decent. Nore is killing 1.5 million iraqis (most of whom were children) with sanctions on medical aid.
IsraeliTerrorism 3 years ago
That was the UN! Not USA.
Veralto 3 years ago
it all sounds a bit doom and gloom.
at the end of the day,even if america has a recession,it will recover.
the low interest rates are responsible in reducing the impact of the recession.
i dont think advocating high interest rates to save the dollar is smart to be honest.
Russelbrother7777 3 years ago
this is more than a general recession this is the biggest bubble in history. the bust is going to be big
spanishaustralian 3 years ago
Daryl is right about the media in this country. They are misleading the American and selling us all out. They are traitors.
070469blueboy 4 years ago 2
Payoff the house, down size, buy tangibles, stuff you can eat or use for the next few or more years.
Support and vote for the presidential candidate who understands and has been predicting this for years, Ron Paul
InTheSticks1881 4 years ago 6
The only presidential candidate talking about the problems of a falling dollar is Ron Paul. Check him out.
gsuitter 4 years ago 4
See the New York Investing meetup's web site (shown in the video) to get the notes from the presentations from our most recent meeting on November 14th. To find them, look on the left side of the web page and click on the word File. You will see presentations on "Investing Like It's 1979" and "How to Profit From the Falling Dollar". Some of this material, but not all should be appearing on You Tube soon.
NYInvestingMeetup 4 years ago
High point of US dollar vs Euro: 1,20 euro per dollar in 2000. Low point : less than 0,70 right today. Total: more than 70% price increase of everything americans import from Europe. Same thing for Oil: the price shock is hard in Europe, but 70% harder in the US. In the end: little growth, lots of inflation. And credit rates jumping pushing people into the streets.
chti78 4 years ago
Thanks for the information, this is a useful video. Hm. Of all the uses for YouTube, this has to be the most important - distribution of information. Again, thanks. Subscribed.
Cerebrocaust 4 years ago
To Cerebrocaust:
Thanks for your support. The truth about the economy and what are the best investing choices are rarely found in the mass media. The Wall Street spin machine makes sure Wall Street makes money and the indivual investor is lucky if he gets what's left over.
NYInvestingMeetup 4 years ago
Nice picture in the background.
GOTHMIDNIGHTMERMAID 4 years ago
dump it! bring back the pretty girl...lol
RIGID300 4 years ago
Is it me or does it sound like he defines "stagflation" as a period of high growth???
"stagflation" is a combination of "stagnation" of the economic growth combined with high in-flation.
Zeptocomp 4 years ago
at time 05:12
Zeptocomp 4 years ago
Yes he says first optimists hope for high growth and high inflation, while stagflation is what you just defined. But he then says he is expecting low growth and high inflation, coming back to what stagflation is
chti78 4 years ago
In Reply to Zeptocomp:
The video says high inflation and high economic growth. Perhaps it would have been clearer if it said high inflation and high nominal economic growth. When stagflation is bandied about the media this is what they are referring to. We are likely to wind up with high inflation and low or even negative nominal economic growth.
NYInvestingMeetup 4 years ago
The sound quality is horrible. Get a better mic or reduce compression or something.
PahaLukki 4 years ago
wow.. guy sounds like a huge fag..
"heww it affictS"
Yeshakethatass 4 years ago
It's called a New York accent.
TruthCheck 4 years ago
This has been flagged as spam show
Ha ha ha America.
Your dollar is worth less today than it was yesterday, and soon it will be worthless.
Ha ha ha America.
No more empire for you.
You can't afford it anymore.
Remember the bad old Soviet Union?
Your empire will collapse like theirs.
And the joke of it all is that Bin Laden will think he brought you down like he thought he brought the old Soviet Union down.
2 good books, Ivan's War and Gulag..
copcorona 4 years ago
maybe alan greenspan got out while the gettin was good
mankyfox 4 years ago
great video Daryl.
chris L.
cjlee41 4 years ago
Quiet the antithesis, this is not suggesting hoarding. This is suggesting that you get out of the falling U.S dollar and into assets that will increase in value, such as gold, silver and oil. A collapsing currency is not what caused the Great Depression. It is the big problem in the U.S. today however.
NYInvestingMeetup 4 years ago
Great Video
You realize what you are sudgesting is the investors equivelent of hording behavior. Something or great grand parents did during the great depression.
PaineInHead 4 years ago
Great video! but when do we see the more options to invest in besides gold to counteract the high inflation?
Aztecwrior805 4 years ago
Go to the New York Investing meetup website and click on FILE. You will see the notes from my presentations. You will find more investment ideas there.
Please join the group (it's free) so you can get frequent updates.
-Daryl Montgomery
NYInvestingMeetup 4 years ago
the dollar is being manipulated so that china will be forced to unpeg the yuan.
aboutablow2 4 years ago
Another interestin' vid, as usual thanx for sharin' and be stayed tune for mo' vids!
qualqui 4 years ago
I've been saying sort of the same thing. I have been telling my family that oil and other commodities are showing our real value, not just the phony figures come out of the GAO.
Oil price, among other things, is where we are being taxed. Wars aren't free.
bowlingballout 4 years ago
Where do these charts come from so I can look at them more closely?
zaeroq 4 years ago
watch the money masters if you havn't yet... good history lesson... RON PAUL 08... good vid btw
cloud1232006 4 years ago
bummer.... although he never touches on the fact that a weak US$ will bring alot of foriegn investment, especially from europe who can afford twice the amount of reasources on the $ instead of the Euro
tristsoldier 4 years ago
trist - believe we did touch on that in other episodes, but you are correct and it's been happening already with foreigners buying up many of our best assets
vlogolution 4 years ago
interesting and informative
martyg3469 4 years ago
interesting... thanks guys for helpping to educate and aid america, but what are we all gonna do?
jbear3333 4 years ago
jbear, ron paul does want to address these issues head-on. unfortunately, he is a major underdog for the 2008 elections - at least at so far..
vlogolution 4 years ago
You got to have faith. Dr.Paul was a hit on Leno last night and Hillary was a flop at the past debate. Things could turn around but if they don't--there's always Asia. Jim Rogers set up shop there....
bigsurjune 4 years ago
again, another good video,thank you.
jcska823 4 years ago
Compared with the Euro, the C$ isn't worth much. 1 C$ only buys 0.726 Euros, nothing to brag about! Mainstream media keep telling us the Canadian Dollar is strong, it isn't, it's just slightly less weak than the much weakened US Dollar.
CameltoeLove 4 years ago
Love it! Love your channel. May I if I could suggest Ron Paul? Freedom for our country and our people! Always. The fact that you would post this..well you rock!
Escagedo3rd 4 years ago 2
The Aussie and the US Dollar at this time suits me just fine i can afford to buy stuff from DAZ Productions for my Art
3DDodger 4 years ago
Interesting.
SINSOFTMW 4 years ago
meh I kinda hate bush for this =.= its not that bad I guess Ill just go live in Canada :D
killing1234 4 years ago
HAHA!! This video reminds me of the song I get money by 50 cent! lolz!
9524459 4 years ago
get monney
river3782 4 years ago
Get rid of the IRS, End the Federal Reserve!
Ron Paul!
Woodchuckk 4 years ago 3
I think this is an excellent video gentlemen. Keep up the good work. I am interested in good investments for LOW cost. essential what can the average low-middle income person do? Example: If you could invest ONLY 25 USD every week where would you put it? If you want to help people THAT is the way.
aukxsona 4 years ago
aukxsona - we have discussed this in some past episodes, and also have another one in the works that discusses the topic again
vlogolution 4 years ago
CAN I HAVE SUM OF THIS MONEY ??
JetRanger0007 4 years ago
As a Canadian I find shopping in the US very attractive right now. And as a commercial buyer I would chose more US products.
I am going visit the US several times in the next 6 months.
onemon22 4 years ago
Thank you, hopefully that will translate into more jobs.
aukxsona 4 years ago
"why don't they just stop printing money?" UH, how do you just print money without something to back it up. Paper is what they are printing and what will we do 'when the chickens come home to roost'?.
robertantonnyc 4 years ago
interesting
smileyousee 4 years ago
the Canadian dollar is owning the american dollar!
macosxlepord 4 years ago
Ya it is! And I don't like to buy stuff in Canada anymore because they rip us off. Lower the prices here or else I will import stuff!
Ch0coDK 4 years ago
Compared with the Euro, the C$ isn't worth much. 1 C$ only buys 0.726 Euros, nothing to brag about! Mainstream media keep telling us the Canadian Dollar is strong, it isn't, it's just slightly less weak than the much weakened US Dollar.
CameltoeLove 4 years ago
it increases the ability of an counties economy to create realistic jobs not to make mo money quickly
bigeyedgoldfish 4 years ago
the aus dollar is up to over 90% of the value of the U.S dollar which is un heard of..
djsashlabs 4 years ago
Good thing my brain, hands and feet still work. Gotta brush up on my gardening and learn to at least fish.
The major aspect here however is to reconnect with your neighbors. If you band together and discuss these issues, survival will be assured. As well, remove the writing 'depression' from these prophesies. What you will get is what you will give, and the first adjustment to make is your attitudes.
I love you too and have no fears anytime.
wreckerpecker 4 years ago
get a better sound system. use one of your dollars
ONIDOSBOURNE 4 years ago
there a non adjustable problem is peoples desire have it now rather than saving for it , inducing interest rates to rise and hence inflation a vicious circle so if credit is limited with more regulation to responsible savers reducing this problem , because of low wages there need to be a low inserts way for people to gain access too affordable housing with
bigeyedgoldfish 4 years ago
Can you guys look into the Chinese market? Specifically, how likely is it the US will pressure China to revalue their yuan currency and also how USA's likely future recession will impact on China and the global commodities boom?
sirbadman 4 years ago
hey sirbadman - we just released an issue on China a few days back - youtube. com/watch?v=dbHxbOvjYis
vlogolution 4 years ago
Cheers, wow you guys are too good.
sirbadman 4 years ago
To sirbadman:
China will have to revalue the yuan upward because the its psuedo-dollar peg is causing out of control inflation there. It will not be as a result of U.S. pressure.
Montgod 4 years ago
Love the charts. Daryl is awesome for having the guts to say these things.
sirbadman 4 years ago
i'd love to see a link to the transcript, i missed a few words. =D
jorezzi 4 years ago 2
I'd like to see transcripts also for a different reason some computers I'm on don't have sound.
jeffsadowski 4 years ago
interesting...
gardevoir94 4 years ago
Excellent, INSIGHT VIEW !!!
jessemac13 4 years ago
cool
:)
jaselovett 4 years ago
well insightful!
watthahellyadoinzz 4 years ago
Hopefully new leadership can and will make a change.
Time2Relax 4 years ago
intresting
elite354 4 years ago