If all these banks are buying gold, what happens if they dump it on the market? The gold price would shoot down, demoralizing anyone holding gold.
It's a possibility that has to be considered. Banks want people to have faith in fiat currency, not gold. After all they can just create fiat currency out of thin air, they cannot do the same with gold.
It is in their interests to damage people's confidence is gold.
I don't believe so, sure while their current holdings of gold, its value would drop in the short term, everyone would realize its value would rise again against the every inflating nature of fiat currency. Secondly I believe this would create a tremendous buying opportunity for those with half a brain cell in their head.
For myself I do not buy gold and silver for short term gain but instead for the long term, I consider it the cornerstone of my retirement savings.
First they flood the market with easy money (which resulted in over building the real estate market); then they retract the money supply, (which was done this time via the rules of TARP & Basel II, etc).
When the money supply is retracted, corporations cannot fund their manufacturing. Thus, they have to lay off
Once everyone is in bankruptcy, (with 20 million vacant homes), these same bankers come in and swoop up all the assets for pennies on the dollar!
I have a practical dilemma - Max, you can answer if you want. I have just started saving and would like to buy as much gold as possible. But I would also like to own my first home soon. So, given the exclusive needs:
(a) need for value retention of my savings (i.e. gold) vs
(b) practical need (i.e. home purchase - I would need to do mortgage)
what should I do? What are the pro/cons? Is there a suggested sequence (eg hop into gold now, let greenback devalue and then jump into housing)? Thoughts
I think in eco 101 I learned that the 10-year Treasury Note sets the Prime Interest Rate from which all other interest rates are set. and the interest on the 10-year note is set by its supply and demand, the "collateral" ability to repay the rating and many other things. so the 10-year (which is now at about 2.5%) set's the prime rate.
"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance."
- James Madison
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
How do you grow your GDP when there is a finite amount of gold? Even more important why gold? If you think gold is special you don't know your Periodic Table.
@dewpanic you don't grow your GDP with a finite amount of gold, nor should you. Growth is wrong and dangerous. Sustainable economic activity with a sustainable money supply is the answer. The production of goods and production of money should be matched, so that fluctuations happen but are not destabilizing. THEN finally we deal with population. Population should never grow so fast that goods or money are in short supply. NEVER.
establishing currency based on anything would devastate the usa and cripple it perpetual expansion and conquests... great for the world shitty for the states when your averaging a spending of 500-1 trillion a year on the military you need a paper currency...
The derivatives bubble needs to be processed into junk and scrapped - not into gold.
In fact right now the nations of the world are mortgaging the wealth of future generations to tramsmute the derivatives bubble into physical wealth for the financiers. The whole thing is daft. I wonder will humans ever wake up and see what is happening.
The greatest injustice in the world today is this idea of economy.
Economy is the social science of controlling people, societies, groups towards productive ends.
If it's simply for providing basic needs, well the Native Americans got along just fine with Nature and never went hungry or sick.
Technology exists today that would make the idea of economy obsolete. Near limitless energy to power machines. Push a button get whatever you want. The idea of economy would be stupid in that society.
@harveybirdmannequin no technology exists today nor is likely to exist soon for limitless energy powering machines, or power created by those machines. All pure science-fiction nutter-talk.
The problem with such a standard is this, the limited supply of that standard would mean as the population ever increases the value of the metal constantly goes up, and therefore prices go down, so therefore the reverse of what is happening today would happen, you would hold your gold for a few decades, and now the gold is artificially much more valuable than it should be, it is not sustainable.
What you pointed out is exactly what is ignored by the "Austrians". They never address the fact that gold is finite while human invention and innovation is limitless. So yes there is constant deflation and very compelling incentive to hoard gold. Once a single party own the majority of gold they control everything. It's also an artificial, self-imposed limit to economic progress.
This is one of the major reasons for establishing all 3 American central banks.
@harveybirdmannequin agreed on all points. But normally people fit into 1or2 camps, it would be assumptive of me to believe that you are in support of fiat currency, so I will ask do you believe that fiat is the only way to go?
If managed properly, the current monetary system can for the most part work. Obviously in its current state, it's not working because of the corrupt people running the system.
Webster Tarpley is the only one I feel that has put forth a legitimate plan.
Fiat currencies without debt attached can work like Lincoln's Greenbacks. Fiat currencies in control of the people will corrupt just like people and gov't do.
The ecology standard which I coined is the true standard.
Max pointed out the obvious link between ecology and economy. So I said well the obvious standard then is the ecology standard. The amount of currency issued and economic progress will be limited by natural resources and human activity that is sustainable with current technology by the ecology.
You could go about it many ways. One way is to peg the currency to essential ecological resources like water, energy, food, human habitat space, etc.
@harveybirdmannequin you didnt quite answer the question. can I infer that you dont believe that fiat is the only way? If so thats good. people need to open their eyes to more solutions instead of the two that are normally put forth.
I thought I did answer the question. Fiat currency is not the only way to go. In fact fiat currency is a misnomer for the current monetary system, it's not fiat it is a "debt standard" currency. Go to the MaxKeiserTV YouTube channel I posted something there.
By bringing up the true standard, the ecology standard, I hinted that there isn't only one possible standard.
@harveybirdmannequin Establishing central banks is an absolute guarantee that a single party (governing elite) will control everything. If currencies are uncontrolled and competing, people can take their assets to whatever investment or commodity is safest and protect themselves from exploitation by fiat monopoly. There is no limit to enterprise and investment if people are free to choose.
Exactly so it's stupid to say you want a gold standard. That's doomed to fail. You want a commodity standard or a "free for all" standard. The problem with having a whole variety of commodities backing a standard is that you're essentially bartering and storing wealth in various commodities.
It also makes it incredible difficult to enforce contract law and to reach a mutually agreed upon currency for international or even local trade.
You are arguing for control of economies no matter what is the standard -- fiat, greenbacks, gold, ecology, whatever. I think you miss the major point that as long as a monopoly elite -- bankers, government, party bosses, globalists, whomever -- controls everything, tyranny will inevitably result since absolute power really does corrupt absolutely as history shows through all ages.
I'm going to call you an idiot because you are. You obviously missed the point and are buying into some hippie nonsense fairy tale idea for a currency.
If everyone issued their own currency or decided for themselves what would back the currency, it's no different than barter.
Contract law could not possibly be enforced. If a contract was written in a specific currency then that currency no longer exists because it was weeded out through competition, why have faith in any currencies?
@harveybirdmannequin Weak arguments lead to name calling, but don't make your argument stronger, nor persuade thinking people. You are so hung up in your belief system that we must have central controllers that you fail to even imagine the unlimited creativity, enterprise, and problem-solving capabilities of free people. We know from experience that elite control leads to eventual bankruptcy due to monopoly excesses. You need to think and research to learn to think outside the status quo.
I'm just going to dismiss ytgv3fc7 and his incredibly moronic arguments. I swear to God those "Austrians/free market types" are idiots of the highest calibre.
The idea of "free issuance" of currency is completely CONTRADICTORY to the definition of currency. Currency is a commonly agreed upon unit of exchange. Think about that.
Free issuance also destroys another function of currency and that is store of wealth. Your wealth could disappear overnight with the "free" currency.
@harveybirdmannequin the solution is having a commodity standard bartering and storing wealth. It's not a problem, it's a solution. It's the smartest kind of money possible.
@harveybirdmannequin human invention is incredibly limited, very much finite, and this is NOT a failing of the Austrians. You are failing.
The only failing of the Austrians is to dismiss decentralized socialism.
No single party will own gold if we all used gold as money. It's fractional reserve which leverages capitalism quickly into this position. By holding & seeing real gold money people will not participate in the capitalist games of the bankster fraudsters.
@d3adp001 values of money do not change with the population. Utility of goods and money decreases as populations increase, and this is very, very different than goods vs money alone, which is the important math. It is highly sustainable because the truth is that a constantly growing population is not close to sustainable in all possible futures. Epic fail on humanity. 7 billion is too many, 9 is too many, 16 is genocide by starvation for the planet.
@ytgv3fc7 and therefore you would agree with the NWO plan to drop 80% of the population
If you dont understand that the value of a limited resource which is needed by a society increases in demand ergo value with an increase in population, then there is no point in talking to you because you dont understand how life works.
As far as reducing the population, you can start with yourself, do the earth a favor.
@d3adp001 You're jumping to conclusions. 80% is too many. There's such a thing as too much depopulation! The sensible limit is enough people to have more babies in the face of too much disease or natural disasters but not so many babies we're all running into each other, warring over food and territory at every turn like we are now. Probably the 5 billion level is stable, and with brief fluctuations up to 8 billion the species will survive but suffer greatly.
@d3adp001 if you think your concept of limited resources makes sense, you're lying to yourself and everyone you talk to. everyone.
I truly understand.
The way life works is that if you have too many people, they will be killed by each other, including starvation as 2 people can't share the same 1-serving meal and be fully fed. Do the world a favor, YOU be first. I'll help. It's my DUTY to my planet.
Fuck you asshole. EVERYONE has to go first who insists the other must be. YOU FIRST.
@ytgv3fc7 You obiviously dont have the memory to remember who said what when, or the basics from economics, so to make this short and sweet, you standed first, and therefore can g first, per your own suggestion, if you can remember back that far.
Your a fucking idiot, and truely a waste of skin and time.
its only one small state in Malaysia not the whole country. probably not more than 1 or 2% of the population.
does not really amount to a hill of beans as far as gold demand goes given their low purchaing power. Maybe if it spreads to a few million people, then it might make a difference. Nevertheless, its interesting to see some people are waking up to the idea,
Not going to happen! What's the portion of the people own gold and those those who don't? It's like you breakdown the current system replace it with a system which will put majority of the people in the world into another world which is much worse and chaotic.
the trust you can have in a real free market in the other human is as much as in any carnivore in the wild ; it's going to eat :)
to protect the individual you have the option of spreading the burden by regulating the market, which at the end leads to herding and farming as we discovered.
Money is a medium/mechanism for measuring the trading value of HUMAN Time Energy and Attention (T.E.A.) Gold is just another medium to represent Human TEA. It's our TEA that we're trading in, we can use rocks for money if we choose. This idea that scarcity = precious is delusional. For humans our time, energy & attention are what's precious to us. This is what we're waking up to. Metals are not precious, our TEA is our LIFE. LIFE is precious. What is really sacred to us is emerging.
An Individual that 'prints' their own currency would be locked up, but it's ok for a Central Bankster to do it...I smell a rat! Gold is the money of kings. Silver is the money of gentlemen. Barter is the money of peasants. Debt is the money of slaves.
@Repomex01 I'm sticking with barter! lol No desire to rule anyone other than me. Definitely do not like the facade of civility one finds with gentlemen and ladies, and slaves deserve nothing. Peasants? Usually the only ones who have a clue in how to actually do anything useful at all. After all the gold and silver crowd are thieves, and slaves don't matter at all.
our leaders have made sure that china wont have to fight us. and when china controls the money flow they can force sterilization programs on the third world nations in exchange for chinese trade. im not so sure they will go with gold standard since they have invested so heavily into carbon credit. they want the price of a loaf of bread to be based upon the amount of CO2 that was needed to create it. The price of CO2 is in turn based upon the number of tankers bringing ice to the south pole.
@RenegadeTimes I don't know if it were planned or is it the sin of greed in all of our culture... 2 years start screaming "mine mine mine" We should have beat it out of them... but instead the baby-boomer became the most selfish greedy class of people in all history. Greed always looks like a plan
@btigtime2 I agree big ~ I am part of "that " generation and they HAVE gone full speed- ahead-greed. I didn't buy into it. More money than their parents and grandparents ..less common sense and critical thinking skills. They thought books and media had all the answers...they just plain stopped " thinking. " Even raising their children, they didn't teach right and wrong. They simply made everything "right " for them.
a fiat currency issued by congress based on a basket of solid commodities weighted to manage the strength and consisting of gold, silver, lithium, uranium etc.
@diogeneslaertius666 see i dont get it max, you understand how all of this shit works and you know the western worlds production economy has been Surgically transplanted to the third world systematically over a century or more and you know Why and yet you persist in arguing things from a standpoint which not only is encapsulated by that context but also is pessimistic about the fate of the US despite your knowledge of what happens when the US goes down.
cheers to Max keiser
Zaraleo77 1 year ago
If all these banks are buying gold, what happens if they dump it on the market? The gold price would shoot down, demoralizing anyone holding gold.
It's a possibility that has to be considered. Banks want people to have faith in fiat currency, not gold. After all they can just create fiat currency out of thin air, they cannot do the same with gold.
It is in their interests to damage people's confidence is gold.
AnnoyedDragon 1 year ago
@AnnoyedDragon
I don't believe so, sure while their current holdings of gold, its value would drop in the short term, everyone would realize its value would rise again against the every inflating nature of fiat currency. Secondly I believe this would create a tremendous buying opportunity for those with half a brain cell in their head.
For myself I do not buy gold and silver for short term gain but instead for the long term, I consider it the cornerstone of my retirement savings.
bigdaddyof2008 1 year ago
Pay off all your debt. That is the way to stick it to the banks. Only purchase something with the money you have, not on credit.
bwigod4518 1 year ago
GUILLATINE ?
I prefer Texas Electric chair for them
nasafakedit 1 year ago
Gold will crash
nasafakedit 1 year ago
Here is how it works
First they flood the market with easy money (which resulted in over building the real estate market); then they retract the money supply, (which was done this time via the rules of TARP & Basel II, etc).
When the money supply is retracted, corporations cannot fund their manufacturing. Thus, they have to lay off
Once everyone is in bankruptcy, (with 20 million vacant homes), these same bankers come in and swoop up all the assets for pennies on the dollar!
sugarpuddin88 1 year ago
I have a practical dilemma - Max, you can answer if you want. I have just started saving and would like to buy as much gold as possible. But I would also like to own my first home soon. So, given the exclusive needs:
(a) need for value retention of my savings (i.e. gold) vs
(b) practical need (i.e. home purchase - I would need to do mortgage)
what should I do? What are the pro/cons? Is there a suggested sequence (eg hop into gold now, let greenback devalue and then jump into housing)? Thoughts
nappingbadger 1 year ago
I think in eco 101 I learned that the 10-year Treasury Note sets the Prime Interest Rate from which all other interest rates are set. and the interest on the 10-year note is set by its supply and demand, the "collateral" ability to repay the rating and many other things. so the 10-year (which is now at about 2.5%) set's the prime rate.
uturniaphobic 1 year ago
"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance."
- James Madison
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
- Henry Ford
Tressco 1 year ago 6
Great interview.
WOLF333999 1 year ago
How do you grow your GDP when there is a finite amount of gold? Even more important why gold? If you think gold is special you don't know your Periodic Table.
dewpanic 1 year ago
@dewpanic you don't grow your GDP with a finite amount of gold, nor should you. Growth is wrong and dangerous. Sustainable economic activity with a sustainable money supply is the answer. The production of goods and production of money should be matched, so that fluctuations happen but are not destabilizing. THEN finally we deal with population. Population should never grow so fast that goods or money are in short supply. NEVER.
ytgv3fc7 1 year ago
establishing currency based on anything would devastate the usa and cripple it perpetual expansion and conquests... great for the world shitty for the states when your averaging a spending of 500-1 trillion a year on the military you need a paper currency...
Th3Wab3 1 year ago
The derivatives bubble needs to be processed into junk and scrapped - not into gold.
In fact right now the nations of the world are mortgaging the wealth of future generations to tramsmute the derivatives bubble into physical wealth for the financiers. The whole thing is daft. I wonder will humans ever wake up and see what is happening.
Drastam 1 year ago
The greatest injustice in the world today is this idea of economy.
Economy is the social science of controlling people, societies, groups towards productive ends.
If it's simply for providing basic needs, well the Native Americans got along just fine with Nature and never went hungry or sick.
Technology exists today that would make the idea of economy obsolete. Near limitless energy to power machines. Push a button get whatever you want. The idea of economy would be stupid in that society.
harveybirdmannequin 1 year ago
@harveybirdmannequin no technology exists today nor is likely to exist soon for limitless energy powering machines, or power created by those machines. All pure science-fiction nutter-talk.
ytgv3fc7 1 year ago
The problem with such a standard is this, the limited supply of that standard would mean as the population ever increases the value of the metal constantly goes up, and therefore prices go down, so therefore the reverse of what is happening today would happen, you would hold your gold for a few decades, and now the gold is artificially much more valuable than it should be, it is not sustainable.
d3adp001 1 year ago
@d3adp001
What you pointed out is exactly what is ignored by the "Austrians". They never address the fact that gold is finite while human invention and innovation is limitless. So yes there is constant deflation and very compelling incentive to hoard gold. Once a single party own the majority of gold they control everything. It's also an artificial, self-imposed limit to economic progress.
This is one of the major reasons for establishing all 3 American central banks.
harveybirdmannequin 1 year ago
@harveybirdmannequin agreed on all points. But normally people fit into 1or2 camps, it would be assumptive of me to believe that you are in support of fiat currency, so I will ask do you believe that fiat is the only way to go?
d3adp001 1 year ago
@d3adp001
If managed properly, the current monetary system can for the most part work. Obviously in its current state, it's not working because of the corrupt people running the system.
Webster Tarpley is the only one I feel that has put forth a legitimate plan.
Fiat currencies without debt attached can work like Lincoln's Greenbacks. Fiat currencies in control of the people will corrupt just like people and gov't do.
The ecology standard which I coined is the true standard.
harveybirdmannequin 1 year ago
@harveybirdmannequin
Max pointed out the obvious link between ecology and economy. So I said well the obvious standard then is the ecology standard. The amount of currency issued and economic progress will be limited by natural resources and human activity that is sustainable with current technology by the ecology.
You could go about it many ways. One way is to peg the currency to essential ecological resources like water, energy, food, human habitat space, etc.
harveybirdmannequin 1 year ago
@harveybirdmannequin you didnt quite answer the question. can I infer that you dont believe that fiat is the only way? If so thats good. people need to open their eyes to more solutions instead of the two that are normally put forth.
d3adp001 1 year ago
@d3adp001
I thought I did answer the question. Fiat currency is not the only way to go. In fact fiat currency is a misnomer for the current monetary system, it's not fiat it is a "debt standard" currency. Go to the MaxKeiserTV YouTube channel I posted something there.
By bringing up the true standard, the ecology standard, I hinted that there isn't only one possible standard.
harveybirdmannequin 1 year ago
@harveybirdmannequin I figuered as much, but I dont like to assume what others think. It makes for trouble.
d3adp001 1 year ago
@harveybirdmannequin Establishing central banks is an absolute guarantee that a single party (governing elite) will control everything. If currencies are uncontrolled and competing, people can take their assets to whatever investment or commodity is safest and protect themselves from exploitation by fiat monopoly. There is no limit to enterprise and investment if people are free to choose.
leafwatch 1 year ago
@leafwatch
Exactly so it's stupid to say you want a gold standard. That's doomed to fail. You want a commodity standard or a "free for all" standard. The problem with having a whole variety of commodities backing a standard is that you're essentially bartering and storing wealth in various commodities.
It also makes it incredible difficult to enforce contract law and to reach a mutually agreed upon currency for international or even local trade.
So this "free for all" standard is quashed.
harveybirdmannequin 1 year ago
@harveybirdmannequin You flatter yourself that you can "quash" ideas so simply.
You are arguing for control of economies no matter what is the standard -- fiat, greenbacks, gold, ecology, whatever. I think you miss the major point that as long as a monopoly elite -- bankers, government, party bosses, globalists, whomever -- controls everything, tyranny will inevitably result since absolute power really does corrupt absolutely as history shows through all ages.
Only free choice protects.
leafwatch 1 year ago
@leafwatch
I'm going to call you an idiot because you are. You obviously missed the point and are buying into some hippie nonsense fairy tale idea for a currency.
If everyone issued their own currency or decided for themselves what would back the currency, it's no different than barter.
Contract law could not possibly be enforced. If a contract was written in a specific currency then that currency no longer exists because it was weeded out through competition, why have faith in any currencies?
harveybirdmannequin 1 year ago
@harveybirdmannequin no, leafwatch has proven you to be an idiot of the most DIRE proportions. Epic fail on you.
ytgv3fc7 1 year ago
@harveybirdmannequin Weak arguments lead to name calling, but don't make your argument stronger, nor persuade thinking people. You are so hung up in your belief system that we must have central controllers that you fail to even imagine the unlimited creativity, enterprise, and problem-solving capabilities of free people. We know from experience that elite control leads to eventual bankruptcy due to monopoly excesses. You need to think and research to learn to think outside the status quo.
leafwatch 1 year ago
@harveybirdmannequin
I'm just going to dismiss ytgv3fc7 and his incredibly moronic arguments. I swear to God those "Austrians/free market types" are idiots of the highest calibre.
The idea of "free issuance" of currency is completely CONTRADICTORY to the definition of currency. Currency is a commonly agreed upon unit of exchange. Think about that.
Free issuance also destroys another function of currency and that is store of wealth. Your wealth could disappear overnight with the "free" currency.
harveybirdmannequin 1 year ago
@harveybirdmannequin the solution is having a commodity standard bartering and storing wealth. It's not a problem, it's a solution. It's the smartest kind of money possible.
ytgv3fc7 1 year ago
@harveybirdmannequin human invention is incredibly limited, very much finite, and this is NOT a failing of the Austrians. You are failing.
The only failing of the Austrians is to dismiss decentralized socialism.
No single party will own gold if we all used gold as money. It's fractional reserve which leverages capitalism quickly into this position. By holding & seeing real gold money people will not participate in the capitalist games of the bankster fraudsters.
ytgv3fc7 1 year ago
@d3adp001 values of money do not change with the population. Utility of goods and money decreases as populations increase, and this is very, very different than goods vs money alone, which is the important math. It is highly sustainable because the truth is that a constantly growing population is not close to sustainable in all possible futures. Epic fail on humanity. 7 billion is too many, 9 is too many, 16 is genocide by starvation for the planet.
ytgv3fc7 1 year ago
@ytgv3fc7 and therefore you would agree with the NWO plan to drop 80% of the population
If you dont understand that the value of a limited resource which is needed by a society increases in demand ergo value with an increase in population, then there is no point in talking to you because you dont understand how life works.
As far as reducing the population, you can start with yourself, do the earth a favor.
d3adp001 1 year ago
@d3adp001 You're jumping to conclusions. 80% is too many. There's such a thing as too much depopulation! The sensible limit is enough people to have more babies in the face of too much disease or natural disasters but not so many babies we're all running into each other, warring over food and territory at every turn like we are now. Probably the 5 billion level is stable, and with brief fluctuations up to 8 billion the species will survive but suffer greatly.
ytgv3fc7 1 year ago
@d3adp001 if you think your concept of limited resources makes sense, you're lying to yourself and everyone you talk to. everyone.
I truly understand.
The way life works is that if you have too many people, they will be killed by each other, including starvation as 2 people can't share the same 1-serving meal and be fully fed. Do the world a favor, YOU be first. I'll help. It's my DUTY to my planet.
Fuck you asshole. EVERYONE has to go first who insists the other must be. YOU FIRST.
ytgv3fc7 1 year ago
@ytgv3fc7 You obiviously dont have the memory to remember who said what when, or the basics from economics, so to make this short and sweet, you standed first, and therefore can g first, per your own suggestion, if you can remember back that far.
Your a fucking idiot, and truely a waste of skin and time.
d3adp001 1 year ago
enjoyed this interview very much.. thanks
Eraser7622 1 year ago
Alrighty then...
dbmdsv 1 year ago
What about Malaysia, Max?
Did not they already go to a gold and silver backed currency with the dinar and dirham?
Why aren't people flocking to snatch up the Malaysian currency? Why hasn't their currency boomed to the upside?
I would be buying the gold dinar and silver dirham just for collector's purposes alone. They do look really sweet.
harveybirdmannequin 1 year ago
@harveybirdmannequin
its only one small state in Malaysia not the whole country. probably not more than 1 or 2% of the population.
does not really amount to a hill of beans as far as gold demand goes given their low purchaing power. Maybe if it spreads to a few million people, then it might make a difference. Nevertheless, its interesting to see some people are waking up to the idea,
orangedac 1 year ago
Where is stacy??
kryogenikz 1 year ago
Not going to happen! What's the portion of the people own gold and those those who don't? It's like you breakdown the current system replace it with a system which will put majority of the people in the world into another world which is much worse and chaotic.
overseachininadoll 1 year ago
watch and see if they go back to the gold standard, AND THEN FIX THE PRICE !!! OF GOLD % SILVER JUST LIKE THEY DID IN THE THIRTY'S.
reginald58 1 year ago 2
very informative interview
robran53 1 year ago
the trust you can have in a real free market in the other human is as much as in any carnivore in the wild ; it's going to eat :)
to protect the individual you have the option of spreading the burden by regulating the market, which at the end leads to herding and farming as we discovered.
Doenietmeermee 1 year ago
when the sole thing what can hold the system together is trust, how can it be that we even are able to talk about this free market nonsense
Doenietmeermee 1 year ago
Truthful and insightful. Thanks to the both of you ~
RenegadeTimes 1 year ago
John's Youtube channel is smartknowledgeu
TheSilverbullet99 1 year ago
i will establish your sound money inside your ass.
TheAtheistworld 1 year ago
Yes, Max Keiser again exposese the Illuminati Zionist Bankers that causing this economic meltdown! All done deliberately!
Hendo1974 1 year ago
Re: Sound money
There is no need for a gold standard. The economists in 1939 had this all worked out. Check out "A Program for Monetary Refomr" (1939).
Also look into The American Monetary Act, a proposal that Kucinich is indicating he will sponsor soon.
I'll bet gold is coming because it is so emotionally satisfying but it won't work.
PS. Love the show!
zthustra 1 year ago
Money is a medium/mechanism for measuring the trading value of HUMAN Time Energy and Attention (T.E.A.) Gold is just another medium to represent Human TEA. It's our TEA that we're trading in, we can use rocks for money if we choose. This idea that scarcity = precious is delusional. For humans our time, energy & attention are what's precious to us. This is what we're waking up to. Metals are not precious, our TEA is our LIFE. LIFE is precious. What is really sacred to us is emerging.
professormaxtrinity 1 year ago
An Individual that 'prints' their own currency would be locked up, but it's ok for a Central Bankster to do it...I smell a rat! Gold is the money of kings. Silver is the money of gentlemen. Barter is the money of peasants. Debt is the money of slaves.
campeona5 1 year ago 4
@campeona5 "Gold is the money of kings. Silver is the money of gentlemen. Barter is the money of peasants. Debt is the money of slaves".
Very Well Put..
Repomex01 1 year ago 2
@Repomex01 I'm sticking with barter! lol No desire to rule anyone other than me. Definitely do not like the facade of civility one finds with gentlemen and ladies, and slaves deserve nothing. Peasants? Usually the only ones who have a clue in how to actually do anything useful at all. After all the gold and silver crowd are thieves, and slaves don't matter at all.
wingsuitfreak 1 year ago
our leaders have made sure that china wont have to fight us. and when china controls the money flow they can force sterilization programs on the third world nations in exchange for chinese trade. im not so sure they will go with gold standard since they have invested so heavily into carbon credit. they want the price of a loaf of bread to be based upon the amount of CO2 that was needed to create it. The price of CO2 is in turn based upon the number of tankers bringing ice to the south pole.
opaz79 1 year ago
China could take us any time they are ready. Our leaders have really betrayed us all
btigtime2 1 year ago
@btigtime2 Absolutely big ~ NAFTA and a host of other agreements have sold the American people totally out. A plan with many decades behind it !
RenegadeTimes 1 year ago
@RenegadeTimes I don't know if it were planned or is it the sin of greed in all of our culture... 2 years start screaming "mine mine mine" We should have beat it out of them... but instead the baby-boomer became the most selfish greedy class of people in all history. Greed always looks like a plan
btigtime2 1 year ago
@btigtime2 I agree big ~ I am part of "that " generation and they HAVE gone full speed- ahead-greed. I didn't buy into it. More money than their parents and grandparents ..less common sense and critical thinking skills. They thought books and media had all the answers...they just plain stopped " thinking. " Even raising their children, they didn't teach right and wrong. They simply made everything "right " for them.
Unconscious replaced instinct. Perfect replaced reality.
Stupid !
RenegadeTimes 1 year ago
Breadheads suck ...
mushroomagicman 1 year ago
it's time to switch to pressed Latinum DS9
Ferengi market rules, lol
LastReplaySC 1 year ago
a fiat currency issued by congress based on a basket of solid commodities weighted to manage the strength and consisting of gold, silver, lithium, uranium etc.
diogeneslaertius666 1 year ago
@diogeneslaertius666 see i dont get it max, you understand how all of this shit works and you know the western worlds production economy has been Surgically transplanted to the third world systematically over a century or more and you know Why and yet you persist in arguing things from a standpoint which not only is encapsulated by that context but also is pessimistic about the fate of the US despite your knowledge of what happens when the US goes down.
and i dont mean economics.
diogeneslaertius666 1 year ago
@diogeneslaertius666 fuck it w/e AGM is real too right, fuckin so tired of burying heroes
diogeneslaertius666 1 year ago
Good interview.
TheReallitycheck 1 year ago