buy silver and gold while you can still afford it. you could buy an ounce of silver for roughly ten dollars when this video was made now it will cost you around forty-three dollars an ounce. you could buy an ounce of gold for roughly eight hundred dollars an ounce now you'll have to pay around eighteen hundred dollars an ounce. also you can't stamp a twenty on a one ounce coin and buy something worth twenty ounces. that's real money!
Ahhhhhhh ... the days we used to use sea shells and sticks of wood as currency! There is also quantitive easing, even more perilous. Whatever happens ... Be Cosmic ...
You have no clue what you're talking about. I work for a big investment bank and pull million dollar bonuses. If my job was this simple it would never work. Learn some calculus.
BANKS RULE. We are taking all the money. We deserve it.
What is your recommended solution for the problem?
One thing I feel that more people should do is to think of a solution, rather than just complain about a problem. I'm not saying you're complaining. I actually thank you for this information presented. Your ending message is that you want people to do more research on th subject. That's great, but the research doesn't mean anything if there is no solution.
You seem like a nice guy... but a doomsayer, someone who believes there is a pie only so big, and that's it. The truth is, the pie gets bigger everyday. There is plenty of blame to go around, not just the government. People need to take personal responsibilty for their actions. Greed from all sides is to blame for the mess we are in, and just like water, people will seek their own level, and a balance will be found over time.
You Sir need to brush up on Fiat money and fractional reserve lending. The system does exacatly what I demonstrated. Created paper (Money Printing and fractional reserve Lending)creates claims on really assets. The Pie actually gets smaller and smaller for those that do not understand the system or have the ability to partake in it.
Jonah7057 is 100% correct, the central banks in your case the FED have been hoodwinking you guys for years and years and years. Wake up!, educate yourselves. I'm not a US citizen, but I do know that under the old system of years ago (and I'm not sure if the same is true today), you were guaranteed your currency by way of an equivalent amount of gold in 'Fort Knox'. Does Fort Knox still exist?.
Do some research, and learn how you have all become slaves to banks & government.
thats the best video on youtube. I have been asking this question for years now maybe you can answer it. If the money is being borrowed at interest is coming from only one bank. Then where does the money come from to pay the interest?
The system is a Ponzi scheme. Being a Ponzi scheme there is not enough money to pay the interest. Thus more money and debt must be created to keep the scheme going. It runs into problems when loans cannot be created which we are witnessing now. Thus all the Government debt creation by the trillions. the sad part is all this debt results in liabilities that ultimately cannot be paid. The paper holders then use their legal claims to seep the winnings off the table.
@jonah70757 I am a joke? That's it? That's your answer? I am sorry that my Facts are getting in the way of your truth. But your math does not add up. You have no good explanation for any my 5 points I posted earlier. The reason is that, your math is inaccurate and half ass. Instead of you admitting that you never thought about these point I made like a Gentleman. You shunt shame and dismiss it as "I am a joke." The fact is you are the real joke sir! You should stop talking about Economics!
The amazing thing is the fact that a large amount of Americans are blind to the fact that by being in debt to "those" who lend the U.S. the money, actually specifies a silent ownership of American Citizens. We are slaves of debt.
Very true. And we are now at the time where most foreign Gov are not going to be willing finance this ponzi scheme any longer. That is when we get to monetization of debt hyperinflation and final collapse. almost there
Local currency is the future of money, either that or bartering. We still can use dollars to buy stuff that is sold outside of our town , like airfare ext.
Everybody needs to start looking at the BIG picture, Most of our states are close to shutting down because there is no money to keep things running if the Govt helps them out tack on another trillion or so . but I don't think it will matter in the end because we have no industry in this country any more so we cant make the money off trade that we need to pay some of this shit back
true pinkfleuds the big picture is very sobering and we all know from history that printing money and issuing debt always ends very very very badly..for the Nation involved and its people...sometimes I wish i was a blissful Sheeple
Time of Jacbs trouble is coming, Ephriam and Manasseh are going into a, T-Bill Type of BONDAGE. Maybe the USA will issue a tax to pay foreign countries, instead of Social Security just add in Foreign Security.
To compare with the one most like the USA,is UK,we are if you count all the debt now and future liabilities about £2 trilion in debt($3 trillion),UK assets total about $30 trillion,unfortuantely for us $4 trillion of UK money is invested in the USA,the largest of any foriegn country,if your economy collapses we lose our mullah!
Unfortunately The English people host the Parasitic world system that plagues the world today.The English people are slaves and owned by the system which has enslaved the entire western world. England my friend is the true "Head of the Snake" not Iran. Many Canadians just woke up this past week to the sad reality that they are really a Province of the Anglo-Dutch Oligarchy arn't a Soverign Nation. Americans still have not woken up to that fact. Check out The Anti Terrorist under my Favorites.
I have an idea for you footie lets all stop paying our debt and taxes and lets find out what happens. Your car will be towed, you will be forclosed and out on the strrret, and if you need to be moved a Sheriff wil gladly escort you. If your Governments reneg on debt The International Bankers wil require something, like water, roadways, natural resources etc. You are a Rothschild brainwashed sheeple. WAKE UP!
@jonah70757 A Can of Coke in 1920's equaled .10 cents Weekly Income was $100. Today a Can of Coke cost $1.00 Weekly income is $1,000. There is no value lost because what ever value was lost thru printing was offset by the same amount in supply of dollar increase in your pocket!
Population in the US in 1920 was about 140 million today we are over 320 million.
Money printed today is offset by Credit contraction In Revolving and Household debt.
@jonah70757 To fully understand the concept lets simplify it. Let's say there is only is only 1 gold piece earth, 1 person producing 1 unit. result 1 unit of output = 1 gold piece. Now let's increase population by 100% to 2 people producing 2 units. How much is each unit worth now? .5 pieces of gold a 50% reduction in value. No let's say their efficiency increases output by 100% to 4 units. Each unit now is .25 gold a 75% loss in value. U are rewarded for producing less! This is why FIAT works!
The truth is the USA is not bankrupt,however it is pretty damn close.If you take all USA wealth including all the property value in the USA,the USA is still about $20 trillion in the black,however that is if you include every asset of the USA,at home and abroad.
Footie...you are incorrect Sir...If EVERYBODY liquidated all their assets and ALL aggreed to pay off the debt and any obligations the US has...we would be short. unfortunately..This is all due to the Fractional Reserve System the FED RSRV requires of ALL banks to function under as well as the interest that is charged. Your like my father, he's 64 and gets it, but doesn't want to really accept it. In ALL MONETARISM the citizens will always be in debt,it's mathematics and slavery. Best Thoughts
footie...If we are weakened? I think we are weakened which means we are in trouble! I think major conflict is around the corner...learn to pray....psalm 91 comes to mind
Fractional reserve banking,means WERE IN A LOT OF TROUBLE!
Agreed its a ponzy sceme just like bob chapman said at the international forecaster . com and steve quayle. com
and global research. ca and prison planet . com
Its a riggen game and were just pawns on thier grand chessboard . The money masters will continue until we learn and act and overcome. Pretty good presentation man,thank you. Ever see america in disstress . com? Or 4 rie . com?
Congress could through the treasury create money backed by gold that would have zero interest. But it's a good ole boys club and they don't give a fuck about us. We are being manipulated and scammed on a mass scale. Federal Reserve Fiat Money=debt=slavery.
Great video, the use of the word "money" is mis-leading, we do not have money we only have debt just like you said. We really should stop repeating the statement that we have to pay it back, only if we are stupid enough to continue to do so. Change the sytem non-cooperation, taker back your Gov.
"Money Masters" Yt
"America For Sale" YT
"Money As Debt" YT
"War Made Easy" YT
Eliminate the Federal Reserve, throw out all the liars in the Congress and the Senate.
Exactly! nobody wants to believe there is any responsibity on them by there elected officials in their name racking up piles of debt. If Martial law is declared American Citizens may just findthemselves in work camps!
Couldn't have said it better myself. YOu should make this known to all americans instead of us all hearing about this nonsense with smear campaigns. It isn't just the democrats or the republicans, it's the federal reserve and the nonsense they have been doing for a long long time. We need to go back to the Washington days and match our money with reality. Thanks. Cheers!!!!!! I'LL EMAIL THIS TO AS MANY PEOPLE I KNOW.
buy silver and gold while you can still afford it. you could buy an ounce of silver for roughly ten dollars when this video was made now it will cost you around forty-three dollars an ounce. you could buy an ounce of gold for roughly eight hundred dollars an ounce now you'll have to pay around eighteen hundred dollars an ounce. also you can't stamp a twenty on a one ounce coin and buy something worth twenty ounces. that's real money!
lucifuehrer 5 months ago
Glad you're back... was getting worried that the jackboots took you away.
JP5466 5 months ago
@JP5466 Oh wait a minute, this is from 2008.
JP5466 5 months ago
We The People of the United Debt of America
ArcaneGnosis 8 months ago
Great video, faved and shared.
inspirediam 1 year ago
Ahhhhhhh ... the days we used to use sea shells and sticks of wood as currency! There is also quantitive easing, even more perilous. Whatever happens ... Be Cosmic ...
cosmicordering1 1 year ago
You have no clue what you're talking about. I work for a big investment bank and pull million dollar bonuses. If my job was this simple it would never work. Learn some calculus.
BANKS RULE. We are taking all the money. We deserve it.
HomleandSecurity 1 year ago
What is your recommended solution for the problem?
One thing I feel that more people should do is to think of a solution, rather than just complain about a problem. I'm not saying you're complaining. I actually thank you for this information presented. Your ending message is that you want people to do more research on th subject. That's great, but the research doesn't mean anything if there is no solution.
Cliff1132 1 year ago
man you look just like Vin Diesel. and thanks for the video.
liquidus2172 1 year ago
Mr, Rogers is that you?
snitchboy12 2 years ago
You seem like a nice guy... but a doomsayer, someone who believes there is a pie only so big, and that's it. The truth is, the pie gets bigger everyday. There is plenty of blame to go around, not just the government. People need to take personal responsibilty for their actions. Greed from all sides is to blame for the mess we are in, and just like water, people will seek their own level, and a balance will be found over time.
davidivanhawks 2 years ago
You Sir need to brush up on Fiat money and fractional reserve lending. The system does exacatly what I demonstrated. Created paper (Money Printing and fractional reserve Lending)creates claims on really assets. The Pie actually gets smaller and smaller for those that do not understand the system or have the ability to partake in it.
jonah70757 2 years ago 2
@davidivanhawks ,
Jonah7057 is 100% correct, the central banks in your case the FED have been hoodwinking you guys for years and years and years. Wake up!, educate yourselves. I'm not a US citizen, but I do know that under the old system of years ago (and I'm not sure if the same is true today), you were guaranteed your currency by way of an equivalent amount of gold in 'Fort Knox'. Does Fort Knox still exist?.
Do some research, and learn how you have all become slaves to banks & government.
mikelsok 11 months ago
we are so fucking screwed!!! I think I'm going to get drunk now
antnotforwar 2 years ago 4
Many americans have not thought much about their "money" because most americans are igorant.
The truth is beginning to wake them the fuck up.
TheEmpireIsDead 2 years ago 4
Excellent.
DLMFILMS 2 years ago
thats the best video on youtube. I have been asking this question for years now maybe you can answer it. If the money is being borrowed at interest is coming from only one bank. Then where does the money come from to pay the interest?
mic2damgood 2 years ago
The system is a Ponzi scheme. Being a Ponzi scheme there is not enough money to pay the interest. Thus more money and debt must be created to keep the scheme going. It runs into problems when loans cannot be created which we are witnessing now. Thus all the Government debt creation by the trillions. the sad part is all this debt results in liabilities that ultimately cannot be paid. The paper holders then use their legal claims to seep the winnings off the table.
jonah70757 2 years ago
@jonah70757 You think it is a Ponzi Scheme because U do not understand FIAT. You left out some very important facts!
1. Population Growth equals increased production.
2. Production is Infinite thru Efficiency.
3. Currency is not Wealth, it Expresses wealth.
4. Currency can not be limited in supply since Population and Efficiency is growing output exponentialy
5. The economy is based on growth for these reasons. If we deflated GDP would stop at ZERO! UR looking at the tree not the Forest!
Minethis1 11 months ago
@Minethis1 You are a real joke. Go get a job with the IMF
jonah70757 11 months ago
@jonah70757 I am a joke? That's it? That's your answer? I am sorry that my Facts are getting in the way of your truth. But your math does not add up. You have no good explanation for any my 5 points I posted earlier. The reason is that, your math is inaccurate and half ass. Instead of you admitting that you never thought about these point I made like a Gentleman. You shunt shame and dismiss it as "I am a joke." The fact is you are the real joke sir! You should stop talking about Economics!
Minethis1 11 months ago
The amazing thing is the fact that a large amount of Americans are blind to the fact that by being in debt to "those" who lend the U.S. the money, actually specifies a silent ownership of American Citizens. We are slaves of debt.
gnotheseuton 3 years ago
Very true. And we are now at the time where most foreign Gov are not going to be willing finance this ponzi scheme any longer. That is when we get to monetization of debt hyperinflation and final collapse. almost there
jonah70757 3 years ago
Local currency is the future of money, either that or bartering. We still can use dollars to buy stuff that is sold outside of our town , like airfare ext.
tony232cool 3 years ago
Everybody needs to start looking at the BIG picture, Most of our states are close to shutting down because there is no money to keep things running if the Govt helps them out tack on another trillion or so . but I don't think it will matter in the end because we have no industry in this country any more so we cant make the money off trade that we need to pay some of this shit back
pinkfleuds 3 years ago
true pinkfleuds the big picture is very sobering and we all know from history that printing money and issuing debt always ends very very very badly..for the Nation involved and its people...sometimes I wish i was a blissful Sheeple
jonah70757 3 years ago
I trust that gold and silver are shiny, pretty, indestructible, have always had inherent value, and always will.
I trust that the U.S. dollar is a piece of toilet paper that the U.S. has used to pyramid-scheme itself into deluded wealth.
I'll take door #1, Monty.
UseSumLogic 3 years ago 3
google and youtube manipulate their ratings and views. I don't even pay attention to that.
andrewbnkjv 3 years ago
you forgot grab a beer.
andrewbnkjv 3 years ago
Time of Jacbs trouble is coming, Ephriam and Manasseh are going into a, T-Bill Type of BONDAGE. Maybe the USA will issue a tax to pay foreign countries, instead of Social Security just add in Foreign Security.
markbizzaro 3 years ago
Thanks for sharing. Too bad only 2400 views of your video. The apathy is deafening.
theclaw195 3 years ago
To compare with the one most like the USA,is UK,we are if you count all the debt now and future liabilities about £2 trilion in debt($3 trillion),UK assets total about $30 trillion,unfortuantely for us $4 trillion of UK money is invested in the USA,the largest of any foriegn country,if your economy collapses we lose our mullah!
eplfootiefan 3 years ago
Unfortunately The English people host the Parasitic world system that plagues the world today.The English people are slaves and owned by the system which has enslaved the entire western world. England my friend is the true "Head of the Snake" not Iran. Many Canadians just woke up this past week to the sad reality that they are really a Province of the Anglo-Dutch Oligarchy arn't a Soverign Nation. Americans still have not woken up to that fact. Check out The Anti Terrorist under my Favorites.
jonah70757 3 years ago
I have an idea for you footie lets all stop paying our debt and taxes and lets find out what happens. Your car will be towed, you will be forclosed and out on the strrret, and if you need to be moved a Sheriff wil gladly escort you. If your Governments reneg on debt The International Bankers wil require something, like water, roadways, natural resources etc. You are a Rothschild brainwashed sheeple. WAKE UP!
jonah70757 2 years ago
@jonah70757 A Can of Coke in 1920's equaled .10 cents Weekly Income was $100. Today a Can of Coke cost $1.00 Weekly income is $1,000. There is no value lost because what ever value was lost thru printing was offset by the same amount in supply of dollar increase in your pocket!
Population in the US in 1920 was about 140 million today we are over 320 million.
Money printed today is offset by Credit contraction In Revolving and Household debt.
You do not understand the FIAT currency.
Minethis1 11 months ago
@jonah70757 To fully understand the concept lets simplify it. Let's say there is only is only 1 gold piece earth, 1 person producing 1 unit. result 1 unit of output = 1 gold piece. Now let's increase population by 100% to 2 people producing 2 units. How much is each unit worth now? .5 pieces of gold a 50% reduction in value. No let's say their efficiency increases output by 100% to 4 units. Each unit now is .25 gold a 75% loss in value. U are rewarded for producing less! This is why FIAT works!
Minethis1 11 months ago
The truth is the USA is not bankrupt,however it is pretty damn close.If you take all USA wealth including all the property value in the USA,the USA is still about $20 trillion in the black,however that is if you include every asset of the USA,at home and abroad.
eplfootiefan 3 years ago
Footie...you are incorrect Sir...If EVERYBODY liquidated all their assets and ALL aggreed to pay off the debt and any obligations the US has...we would be short. unfortunately..This is all due to the Fractional Reserve System the FED RSRV requires of ALL banks to function under as well as the interest that is charged. Your like my father, he's 64 and gets it, but doesn't want to really accept it. In ALL MONETARISM the citizens will always be in debt,it's mathematics and slavery. Best Thoughts
setag54321 3 years ago
The West needs to be careful,China & Russia,are not our friends,if we weaken they could attack,no joking.
eplfootiefan 3 years ago
footie...If we are weakened? I think we are weakened which means we are in trouble! I think major conflict is around the corner...learn to pray....psalm 91 comes to mind
jonah70757 3 years ago
Fractional reserve banking,means WERE IN A LOT OF TROUBLE!
Agreed its a ponzy sceme just like bob chapman said at the international forecaster . com and steve quayle. com
and global research. ca and prison planet . com
Its a riggen game and were just pawns on thier grand chessboard . The money masters will continue until we learn and act and overcome. Pretty good presentation man,thank you. Ever see america in disstress . com? Or 4 rie . com?
Might be worth a look see.
Godspeed.
WeCanAllGetAllong 3 years ago
what do you think will happen? riots, school close, banks close, grocery stores close, i want to know!
yz250thatownsyou 3 years ago
Congress could through the treasury create money backed by gold that would have zero interest. But it's a good ole boys club and they don't give a fuck about us. We are being manipulated and scammed on a mass scale. Federal Reserve Fiat Money=debt=slavery.
teewillis1981 3 years ago
Great video, the use of the word "money" is mis-leading, we do not have money we only have debt just like you said. We really should stop repeating the statement that we have to pay it back, only if we are stupid enough to continue to do so. Change the sytem non-cooperation, taker back your Gov.
"Money Masters" Yt
"America For Sale" YT
"Money As Debt" YT
"War Made Easy" YT
Eliminate the Federal Reserve, throw out all the liars in the Congress and the Senate.
Dem's & Rep's all the same!
ngonea 3 years ago
Perhas those T-Bills will be paid back with another 'bank holiday'. They might take that (fiat $) from me, but they're not getting my real money.
tyronebiggums3 3 years ago
You said what happens next ? Then you take a look at Germany during WWII, and then you start examining FEMA.
That's the part, where no one is going to believe you, despite the fact, that proof is public domain.
-Civilian Inmate Labor Program
-Endgame Plan ( Homeland Security )
allymetoo 3 years ago
Exactly! nobody wants to believe there is any responsibity on them by there elected officials in their name racking up piles of debt. If Martial law is declared American Citizens may just findthemselves in work camps!
jonah70757 3 years ago
Couldn't have said it better myself. YOu should make this known to all americans instead of us all hearing about this nonsense with smear campaigns. It isn't just the democrats or the republicans, it's the federal reserve and the nonsense they have been doing for a long long time. We need to go back to the Washington days and match our money with reality. Thanks. Cheers!!!!!! I'LL EMAIL THIS TO AS MANY PEOPLE I KNOW.
bonkysmom 3 years ago
Did you listen to Jesse Ventura's speech here on youtube? He was awesome.
jonah70757 3 years ago
Well done. Govt creates money out of nothing, that puts people in debt forever.
truthsabre7 3 years ago 3