The Day the Dollar sets

[kja5]

Man the guy at the end of the video is a DICK! "Maybe we can get away with this indefinitely" ....what?

"its human nature"

To take advantage of your fellow man because your gun is bigger than his?

[jpkm123]

@kja5 I think you're spectacularly misjudging his tone.

[vasiliosrigos]

God warns in proverbs

The rich shall rule and the borrower shall become slaves to the lender;Bye bye miss american pie drove my chevy to the levi but the levi was dry them good ole boys were drinking whiskey and rye singing this will be the day that I die, this will be the day that I die.

Only Jesus saves

a servant

[andyeza]

10:16 So True!

[Finnbar01]

Absolutely. Class act the way he said 'yes'.

[VinceP1974]

The last line said it all.

WHen I look at our politicians, especially the Democrats, I get dismayed.

[M3minusGrowth]

The US Federal Reserve Bank and other Central Banks world-wide are creating excessive aggregate money supply with very little economic growth. The price of goods are not going UP your purchasing power of you dollar is going down. It is caused by too many dollars in circulation and with very little economic growth. We are going to see stagflation in 2009 and most likely a depression in 2010 if Bernarke does not slow down aggregate money supply or M3 and equal it with economic growth.

[anottakenusername]

Please help me. I'm a 19yr old who read books like "Rich Dad Poor Dad" and am hungry for financial education and in search of a mentor to help me learn how to be rich. I need to learn as much as possible about money because from what I have already learned I have great reason to believe the U.S. middle class is about to be wiped out and I would rather be one of the rich rather than one of the poor. I promise to help teach others once I know how to create wealth myself. Please help.

[icfnord]

>> Please help.

If you want to learn the truth about economics. Follow the Austrian school.

[kja5]

"I would rather be one of the rich rather than one of the poor."

Step 1: Move in with your parents and live for free

Step 2: Work full time

Step 3: Save 80% of your income and buy precious metals

Step 4: Sell them when everyone else is desperate for something with real value

[M3minusGrowth]

The US Federal Reserve Bank only knows how to fix economic bubbles with more bubbles. After the Tech Bubble there should have been a recession in order to remove access dollars from the economy. But no we pumped the economy with low interest rates and digital dollars to create the Housing Bubble, and what is Ben Bernanke doing now? He is creating another bubble by keeping interest rates low and flood the market with excessive amounts of aggregate money supply or M3.

[M3minusGrowth]

At the moment our Corporate Central Bank (FED) is creating a inflationary economy by flooding the economy with aggregate money supply (M3) with our economic growth is at recessionary lows near 2%. M3 is above 15% growth and the economy is at a 2% growth. 15-2=13% INFLATION. Using the Rule of 72, 72/13=5.5 years before consumer goods double in price unless the economy starts growing at a 13% to match M3 growth.

[mgilbo1]

Remember folks, EVERY currency ever printed in the history of our world has FAILED. So no matter where you live, no matter what you use for money, will eventually come to its end. Laugh at one today, become what you laughed at tomorrow.

[7boon]

And every person who has ever live has died. What's your point?

[mgilbo1]

Point is, America is not the only country in trouble with its currency. ALL currencies are in trouble if you take history as a reference.

[coronillo1]

Yes and not other currencies are not so hard pressed as the dollar. But you are right: The only sure value now is Gold. It has been so for the last 6000 years.

[7boon]

Fewer and fewer US tourists have been coming to Canada lately. Their cash doesn't buy as much now.

But it's been good for those who go south.

The full documentary is at watch?v=AuPgdZeAFjA

[Epic878787]

Americans can go to China to build their railroads.

[DOLLARCRASH1984]

Very soon the wheelbarrel will be worht more then the "money" thats inside.

HAAHAHAAHAHAHAAaaaaaaAAHAHAAAA­AAA

U.S. PetroDollar

1974 - 2008/9

REST IN PISS

[unauth17]

anybody knows how one could find the whole of these interviews? thanks!

[agfigueroaa]

Here in Germany, Germans are laughting at the US Dollar.

[ArchaicRevivalx2012]

Let us in on the joke.

[sessions200]

go to stockcharts dot com and change the period to a 3 year chart. Then enter either $USD or $ONE:$XEU or $ONE:$GOLD. See that downward sloping line? That's your purchasing power.

Get it? BWAHAHAHAHAHAHA

[ArchaicRevivalx2012]

My ass going broke it funny. Thanks for your morbid humor.

[kr3ml]

I think many americans take it almost as an instult when they hear that the dollar is going to collapse, so they dont even care about the explanation and just plug thier ears...

[KingDrudge]

Damn are you dead on. I remember one time a Korean kid in my school paid for his tuition IN FULL with the South Korean Won.

You should have seen the shock on people's faces. It was like how dare this forigner not use American dollars. The Korean kid said in clear English "The dollar has lost 10% of its value against the Won over the last 5 years, so why would I use a currency that is losing its value."

This was 4 years ago. From that day forward I knew where this country is headed.

[DanMorin007]

Peter has such a great analogy with the Eater and the food producers.

[apfdf]

Outstanding video this needs more play.

[julebuggy]

I was vacationing in Hungary last year to visit family and they won't take dollars anywhere I went. Only Forint and Euros.

[KingDrudge]

LOLOL, thats just like the Taj Mahal.....NO DOLLARS....ONLY RUPEE, EUROS, POUND AND YEN

[justgetsome]

Peter is amazing!

[InTheSticks1881]

"You are making assumptions about our political leaders that are a stretch." Vote Ron Paul

[KingDrudge]

Roach had me on the floor laughing with that statement.

The fact that Obama can become president ought to tell you about not only the wisdom of the American political class, but also the American people.

Given where this economy is headed, the last thing we need is someone who was a "community orgaziner" running things. With that said, McCain and Billary are just as unqualified.

I TRULY FEAR FOR THIS COUNTRY.

[InTheSticks1881]

Yes, we should all be afraid, very afraid. Not only are we brain-dead, but the economy is failing as a result. Another depression could be a call the Greater Depression and with our prosperity with gone, so will go our 'freedoms'. Once convinced by the evidence one should buy the only insurance that can feed and protect you family. If I were single, I would consider Brazil.

[KingDrudge]

Brazil is getting wealthier, not many people realize that the Brazillian Real was up 22% last year against the dollar compared to the Euro which was up only 11%.

No wonder Tom Brady's girlfriend, Giselle Budchen who is that model from Brazil didnt want to get paid in dollars.

Personally, I would move to Singapore or South Korea. Singapore is the Switzerland of Asia and SK is a mini-me version of China.....with cleaner air.

[InTheSticks1881]

Your choices are likely better, yet Brazil is still affordable and produces it's own fuel. Peak Oil is upon us. The down side would be existing poverty, corruption and crime. Didn't care for Rio, but other than that, I felt an American could fit in. Consider the culture thing. Perhaps I was swayed by the fact that I have good friends there to help. BTW, the women are friendly...

[KingDrudge]

Oh yeah, I hear Rio for all its nice beaches is like NYC pre-Guiliani.

What's the website for Patriot Radio, I'd be interested in hearing their commentary if like Peter Schiff, they tell the blunt truth.

[InTheSticks1881]

Oh yeah, these guys are brutally honest and have a deep understanding of how and why we are in some seriously deep do-do.

I would go up to the You Tube search engine and plug in 'Patriot Radio, February 21', or simply 'Patriot Radio', and then select 'date' as the priority, this will get you to the most recent show. They'll post another show tonight .

[InTheSticks1881]

If you'd enjoy a daily dose of 'doom and gloom', look up on You Tube 'Patriot Radio'. The show is posted daily and like a pot of coffee will keep you on your toes. These guys have been around along time. They provide the latest bad news on the economy and if not too sobering, they'll do it with a sense of humor.

[novawolverine]

Singapore is a great place to move to. SK is alright too despite them not liking immigrants very much in general unlike Singapore which is made up of immigrants.

But another place that is living beyond their means relatively and paying dividends for it is Australia. You wouldn't need to learn a new language there either.

[agfigueroaa]

Brazil is much better than the US.

GIRLS are amazing and friendly!

[zdon25]

NO STUCK UP'S?

[agfigueroaa]

Brazil is much better than the US.

GIRLS are amazing and friendly!

[99cachorro]

I totaly agree, I married one!

[picapauengracado]

Plus they don't speak English! :P

[agfigueroaa]

I was in Australia in Dec. 07. Amazing beaches, the Gold Coast is great. The best women, and the better than that, they speak English.

[truthsabre7]

Peter Schiff best guy on Fax Biz.

[captdoug]

Ron Paul 2008