"The Onion" promotes sound money, Damon Vrabel on the Debt of Nations

[nixbondi]

Mate you just don't get it. We want money to be valueless. The trick is who controls it(issues it). If it is valueless then it is un-controlable. Get it? Its power should come from law not nature, that way we the people(GOV) can keep it in our power and use it for our own benifit without debt. Stop falling for their old tricks. Go read some economic history for petes sake.

[SilverLadyBug999]

Joe :) you are just so wonderfully intelligent. I have placed a link to this video into my (Sound Money by The Fiat Lizards) video. Your explanation shows both academic & emotional intelligence, especially towards the end. Respect :)

[Rickdeckard2020]

Gold is valuable, sure, as is a car, steak and penecilin, but gold backed / "sound" money is a decoy a red herring leanding into a trap (out of the frying pan into the fire). Most of the money is not paper but credit/debt by private banks lending, we need to avoid paying usury to have money we need, gold is almost a garantee people dont understand the money racket which is not a function of what its made of. Cant explain but look into it or keep it on the back burner as a maybe

[27boof]

Great vid! Thx  :)

[TreachMarkets]

I think you found the rallying cry for a new monetary system: "Real things for real things!"

[Walshyinoz]

you make some great points, however your voice is so overwhelmingly nauseating that I could only watch about a minute of this video before I started getting a nose-bleed. I think you need to work on your delivery...

[asuka20]

not to sound so dumb. but ur dumb, think about it. just think. money system is flawed, but also perfect.

[wildpett]

The Onion article is cool, a satirical magazine hitting the nail on the head, I think that the awareness of the fact the the CORRUPT and FRAUDULENT FED is printing phony money backed by nothing but lies, war and the biggest killing machine ever is spreading like wildfire (which btw will translate into higher prices for gold / silver)

[SamuraiCommando]

The illusion ending wont bring anything good to the average consumer slaves. None have the means or cash to buy PMs. Until they jump in the boat with us we will be talking about this subject while you are filming from a retirement home. Have you seen the newest video from HSDENTfinancial? He explains some deflation issues. Cash is disappearing forced or not.  People are paying debts or foreclosing. We are going to see a saturation point. No cash, I say watch casino financials.

[SamuraiCommando]

@SamuraiCommando Casinos are discretionary spending at its purest form. A good friend works in a casino and she says in the last month or 2 she has seen spending drop 50%+. TIPS way down for employees to the point where they are considering quitting. While I do enjoy your videos about silver and sound money we need to get back to what is happening now. What are the signs and the trend we should be watching as metals investors and supporters of sound money.

[mskittie30]

Hey future.Did ya happen do see the sharp spike in todays silver price?.It was skyrocketing and then suddenly tanked...check it out.Whatta ya think of that?

[CTOL1]

Hey Joe, I see you have a sack of Basmati Rice, love that stuff, what did that cost? I think the last time I bought it was $14.00+ ? Where did you buy it?

BTW thanks for all your videos, if I fail to learn something from you it usually means you elucidated on a topic I am already familiar with LOL.

I did learn something ;>)

[hamletundone]

they put Jefferson on the $2. Lincoln on the $5...it's not an accident..it is spitting in the face of these men...

[cosmicguerilla1]

thats right they are all the same , all out to rob us.

[truenotion]

I see sovereignty being lost at all levels in the US. Local and self-governed is disappearing. Villages, towns and cities are having most of their budgets go to State mandates, expenditures and debt. And in turn the States are losing their independence to the Federal Government for the same reason. It's true, at the highest levels indebtedness is being created so we lose our sovereignty when we are forced to pay it.

[tabcan]

How old is your phone that it still makes a "ringing" sound? Just kidding...if it still works, there's no need to replace it. It would just be another "consumerism" purchase. But I bet our government would like that...buying things just for the sake of buying. Great video.

[STOPPUCKNOW]

great vid

[RightBrainSane]

true i hadn't thought about that... in order for the standard of living of nations like china and india to increase there has to be a decrease somewhere else. cause and effect. yep learn't something again.

[seadog92023]

@silverfuturist

What do you think about buying proof silver eagles?

[FinancialTraffic]

The heap is not changing.

It has changed...

[TimothyBragan]

Nothing has inherent value.

Not gold, not silver, not basmati rice.

I'm aware that it was a simplification.

Just felt like pointing that out.

[kevink040]

@TimothyBragan

go without eating for 2 days then tell me rice has no "Inherent value". Sheeeesh!

[TimothyBragan]

@TimothyBragan

DISREGARD, I SUCK MONKEYBALLS

[gibbo675]

@TimothyBragan I think I would prefer the rice if it is all the same!

[Ranger4564]

Are you investing in commodities or are you hoarding food for the eventual collapse? O.o - eyes bag of rice in the background -

Yeah, Damon Vrabel is quite good to listen to... I like a lot of what he has to say.

[endlessmountain]

Very good video and the amount of people today whom have woke up to how our money creation is designed got higher again today. However, its going to take a lot more to wake up for the change I am expecting and many others here are expecting to move into a higher gear.

[InspireImages]

"I should have took the Blue Pill" - The Matrix

[GuildF40]

imagine being paid in silver & gold ........ may make working more appealing lol

[NAVYGOLDEIGHTFOUR]

Well done, The Onion understands satire. Appreciate you finding it and posting.

[dgmoocher]

LOL Good point! That's funny....Andrew Jackson did fight the fiat fiasco.

[Awildwildworld]

Can you please maybe do a video on your thoughts on the opposite of gold and silver prices further appreciating? I don't think you address that often.. that possibility, where the gov't or JUDASES bring the price down vastly .the gov't currently values an ounce of gold at like $47 per ounce or something, so the government's rhetoric doesn't at all, have a high value of it's price. I don't know if you've also seen this video posted by this guy on here he is suggesting a possible huge collapse in

[Awildwildworld]

@Awildwildworld price.

the vulcan report listed by connectingthedots

[Awildwildworld]

@Awildwildworld The Vulcan Report (66) - A Golden Opportunity ?.mp4

I believe that both GOLD & SILVER prices will utterly and completely collapse (bot...

[Ranger4564]

@Awildwildworld

v=n8-dijZUxTM

[Awildwildworld]

@Awildwildworld I assume, you must have some small worries ? as I do and others whom have put a great deal of money into silver and gold and worry about what "they" have up their sleeve to shake the price and people out of their positions.

[chaseef]

Great vid. New Martin Armstrong essays out today, if you haven't seen em yet.

[TheReallitycheck]

There are many parts to this post and I enjoyed all of them. Thanks

[realrasher]

Your communications skills are improving every video... Don't let the MSM hire you away.

Keep doing what you're doing and thank you!

[alalelalex]

Corporations are also a government creation. The fiat money system can also be seen as the people's fault, because they supported the aggressive action of the state by voting and paying taxes (real voting). The slave labor of china's central planned economy may provide cheap products on the USA market, but it prevented the entrepreneurship in the lower classes of china. In the long run this is actually a disadvantage for the USA. This system mainly benefits a select group of exporters in china..

[Darkcloudent]

This is great brain food, I always learn something. All this information is incredible and by this not being in the public's ear it keeps the masses enslaved in the capitalist mind & in debt.

[micidragan]

@quaffly What happens when you run out of cash to pay for the debt?

[return135]

i disagree silverfuturist, todays problems from the "corporations" are problems created by the state and are indistinguishable from each-other. after all, modern day corporations are state charters and not apart of the free market.

[Frenchynadeau]

If you haven't already, you should watch Damon's video series called Renaissance 2.0. Nothing he says will be earth shattering to you or the people who subscribe to your channel but the way he presents it helped me understand that we cannot try to convert the "unenlightened" without going back and starting the conversation where we can all agree on a basic FACT: All money is created from debt. From there, a real conversation about the theories on how to solve the problems can be had.

[silverfuturist]

@Frenchynadeau I have not watched it, I am watching right now. One of the best youtube series I have ever seen!

I highly recommend what Frenchynadeau is talking about for all my subscribers.

[conan0869]

@Frenchynadeau Well said. Vrabel broke my heart when he left the game. His work is enlightening. Bill Still's work is also brilliant.

[cupcupculpable]

haha great bit about aj and the 20.

[hedonist27]

How do I thumbs up more than once?? :)

[micidragan]

@hedonist27 I write 100*

[asbestosicould]

Cool! You found Damon Vrabel. Never thought I'd agree with a Harvard man, but this guy knows his s#!*!

[KMDNews]

Great video. Thank you for sharing. Much love!!

[Airave]

Nice vids always, from you! :)

[chuska8383]

Fantastic quote! I transcribed it, printed it, and put that on the wall of my cubicle.  Great video!

[davincij15]

Did you throw money down the money hole? If not the government did that for you.

[hedonist27]

@davincij15 The Onion money hole? I love that video!

[davincij15]

@hedonist27

I'm American and I take pride in giving to the government to throw money down the money hole. I am glad AIG, Goldman Sacks and all the big banks benefited from the government throwing money down the money hole. I wish they would take more to benefit the wealthy some are having a hard time putting gas in their jet you know.

[charlesfuchs]

I know huh. They put Andrew Jackson on a $20 bill and he was the one who fought Second Bank of the United States aka the FED of this decade. How ridiculous is this? Its all propaganda. However with his executive order to abolish the banks, he said to cause the depression of 6 years after 1837 but there were many factors involved. Who knows these days.... people need to understand fiat money is all paper.

[zalida100]

@ruleof3 'You need the police' - You should spend some time thinking about that one. Maybe you have already, but if not................

Ciao

[Darkcloudent]

@ruleof3 Only sheep need to be herded and slaves need masters which one are you? You need police because you are inefficient and can't be responsible enough to do for self. Those clowns in fancy uniforms could careless about you or your family. I used to work for a cop and he was the biggest asshole racist you ever met. 95% or more of them are scum.

[zalida100]

@ruleof3 Yes, indeed there are maniacs, and guess where they work.

"...Well, actually, we all need police.Maybe your solution is having a bunch of John Wayne`s running around..."

Nope. sorry. I disagree with that again. (I'm not trying to fight here), and if you really think you need them, then that's ok. Unfortunately they do too much damage to other people. That's all.

You've obviously thought about it and that's fine.

Cheers

[TheHolySpirit]

@zalida100 It's important to distinguish between a Police Peace Officer and a Police Corporate Enforcement Officer. Most people in the general public don't realise they have two very different roles (many of the newer police officers themselves don't! even realise this either!). The role they tend to spend the majority of their time doing seems to be generating Revenue in their role of Corporate Enforcement. and not being Peace Officers (as they have sworn an Oath to be)

[zalida100]

@TheHolySpirit Yep, Peace officer looking out for common law and Corporate enforcing statutes and bylaws etc

Yes, there is a difference, but they both exist in an illusiary world.

I'm sure you're happier with the peace officer type, and they should theoretically be a bit less of a pain in the ass, i suppose.

Thanks for reply.

Cheers

[micidragan]

Lets say the all people on this planet agree to reset its economic standards and we all start from zero. Which countries will be rich in a true value sense?

[goodagofilms]

There's Arsenic in the rice dude. Agenda 21..... Google it.

[TheHolySpirit]

@goodagofilms basmati rice has some of the lowest levels. ;)

I suggest trying Quinoa too. It's very tasty., easy to cook, and has a higher nutritional content than rice. On the downside it's more expensive.

[micidragan]

Favorited!



[hedge313]

Stock up on that basmati rice and beans, people! If you have not rented, "The Road" you might want to watch. They were consumed with finding food, needing ammo. they also walked upon dollars. Not a true story, but certainly shows you some things that maybe you have not yet prepared for. We all hope for the best, but prepare for the worst.

[penguinistas]

oww that hurts....(It's too close to the truth)

"The U.S. government has a technology, called a printing press (or today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at no cost."

Ben Bernanke (2002)

[anolmec]

if you think that picture of jackson on a twenty is insulting, what would you consider a Kennedy Silver Dollar????

[berryjs140]

gonna get the phone? lol great vid

[RoyMunnson]

Like the rice in the background. Great Video always good to go full circle and review why exactly PMs are important

[askmeif]

Jackson observation, good point