Added: 4 years ago
From: miltownkid
Views: 5,677
Sort by time | Sort by thread (beta)

Link to this comment:

Share to:

All Comments (90)

Sign In or Sign Up now to post a comment!
  • I acutly think teh NZ$ is going up because of teh US and other currency's going down cos where stable and your not so thanks!

    btw awesome vid

    250land guilders stay teh same (1~0.01) but that could change if teh US keeps failing to distance its self from ancient Rome

  • hi, i noticed you reference Dr. Lawrence Wilson in the information of this video.  Do you do his hair mineral analysis and nutritional balancing program?

  • The Federal Reserve needs to be abolished! When you print any money backed by nothing, inflation creates a burden on the people of the country and lowers the standard of living by making your money worth less. We need the gold standard!

  • lets smoke crack together. We will give the crack man the money that is not worth it anymore.

  • you need an action shot like in the other video

  • Q: If Johnny had 5 joints and smoked 3, how high did he get??

  • so what youre saying here is kinda like... money is a product, and that the more money there is, the more value it has, and the less the opposite.... ok...

  • Close. The more money there is the LESS value it has. The less money there is the MORE value it has.

    When there's a lot of money, it's not so "special" so you need more of it to buy things. When there's less money, it's more "special" and you can buy things with less money.

    It's a little confusing, but once you get it, you get it. :)

  • @miltownkid @predator6565 so sort of like diamonds. since there aren't many, its worth alot. if there was a lot of diamonds, they wouldnt be worth as much, sort of like a pebble in my driveway...right?

  • I know what you are saying, but I have enough faith in the government that they wouldn't simply print more money to pay off their dept. It is a well known fact that printing money will rampantly drive up inflation. To support this, i would like to cite that the inflation in 2008 was 1.1% I simply find it hard to believe that many of the world's best economists would advise the fed would allow this to happen.

  • Because the fed is a private corporation only worried about its own advancement. They print up money and lend it to the federal Government at interest. They print a lot to raise inflation (among other things they do) so there financial recession and they can buy other banks, property, etc for pennies on the dollar. Then they reduce the amount they print so things seem normal again. And the cycle goes on. The federal government does NOT control the money supply.

  • Ok. They don't just print money. New money creation happens through the fed, yes. But it isn't through printing it. The mints print money in order to take old bills out. They also need to keep up with the new money being created. Money doesn't just come out of nowhere. They don't print without there already being currency to back it up. In the case of banks, that money was made through loans, etc. That can then be printed. Also, the fed gov't has a huge influence on the actions of the fed.

  • Yeah, they don't actually "print" the money that they create. But they still create it none the less. When you say the mint takes out old bills I'm assuming you mean to destroy them because they are worn out. That money doesn't just disappear. If I go to the bank with $1000 in old bills to deposit it, and the banks sends those bills to be destroyed that money doesn't come out the the money supply because i still have the $1000 credit in my account

  • @WPM1414

    mos money is electronic and basically all of it is an IOU

  • The reason that the US dollar is falling is because we are losing it, literally, it is going out of the country or out of circulation. People are not paying their bills, men are too focused on getting high and getting laid, women are trying to be like paris hilton, overall buying crap they dont need, the country is run by gangsters and frat boys. Then the government borrows money from other countries(china) and wastes that as well, money is worthless, it is only a tool take care of your families

  • They need to get the heck away from a fiat or BS backed currency and go back to backing it with gold and silver.

    I guess I should start building my army of armed robots just in case the shit hits the fan.

  • you got a portret of a slave owner in your background

  • US GOV does not print money. that's one of the biggest national lies of all time. the us gov requests money from the federal reserve

    that's right the gov has no power to issue money, and the federal reserve is owned privately by the rothschilds in britain.

    supply and demand is a cover up for the truth

    you want to know whats really going on you tube these videos

    1. Secret Rulers of the World

    2. wake up to the NWO

    3. origins of evil

    4. Money, Banking & The Federal Reserve

  • your concept of supply and demand is wrong.supply and demand are independent of each other.just because something is in high supply doesnt mean demand will decrease.if there is a surplus supply then price will decline until supply meets demand or equilibrium.and monetary supply and exchange rates are not correlated.rates are decided based on real factors ie production output, efficiency, employment in addition to monetary growth.but your def right about fiscal policy dragging down the dollar.

  • the value of the pound is also falling, and when it levels out with the euro yen and dolllar, there u go, N>W>O(h shit)

    1 world currency etc......

  • thanks your a good teacher i was able to comprehend the situation a little better. I remember bein at school and someone saying overprinting of money was one of the main reasons.

  • I am buying food, water and major supplies aswell! But the dollar & euro will worthless so it's a good idea to have some gold & silver coins ready.

  • glad I found you, subscribed, good video!

    Best thing everyone can do - get out of all debt as fast as you can.

  • the usa dollar is getting rape IM SWITCHING TO EUROOOOOOOOOOOOOOOOOO.........­...

  • Don't wast your time buy SILVER or GOLD!!!!!!

  • SILVER or GOLD? man u crazy if the economie go down silver and gold will go down 2 .... buy food ,water filter. swords ,guns, black sweater shirt, black pants , black boots , black mask and go crazy on the streets and if someone comes near u blow there brains out dude what u do whit SILVER or GOLD when everybody will be starving start eating SILVER or GOLD? u will shit

    '

  • Does anybody remember when a bottle of soda cost 99cents, but now almost every where I go is 1.25-1.48. Face it U.S is falling, every great empire has to come down eventually.

  • Yes, but inflation is happening everywhere, not just the US. And the rate of inflation, although not very cool, isn't CRAZY. The US is still (and will be for some time) an "economic powerhouse."

  • bankruptcy and starting to foreclose their properties, and as for the Europeans, who thought at the time investing on US manufactured goods was a good idea, are seeing that the dollar is decreasing 2%+ every month are now not investing on anything that is produced by the US Government, so as a result the US is in a trillion dollar debt that they can't pay back and the people are facing bankruptcy. Comment 3 SRY

  • It's all good man. Thanks for sharing. I think it's important that this kind of information get out there. A lot of people don't understand how this stuff works.

  • Comment 2: and banks made loans at a really low % rate to anyone regardless of credit but banks made people sign documents that their property is collateral if they don't pay back the loan, so people would borrow $500,000 and buy themselves new cars, homes, vacations, etc..., AND THE BANKS made a stealthy approach by offering more time to the people to pay back the loan, they knew the % rates would go up and people would never be able to pay back the bank's money, so people are now going into

  • The reason is because the Bush administration have lent out money to foreign countries, I.E. Europe, and made new laws about lending out money which made anyone eligible to have a loan (regardless of credit) and so the US Mint started printing these fake notes to the bank, *the banks requested money for a low rate from the gov't and the banks lent out money to civilians but the gov't didn't lend out money from their pockets they lent out new printed money which has no value* Comment 1 of 2

  • did you put that George Washington pic in the background there on purpose for this vid or has it been there always

  • It's always been there. It's my moms (and now it's mine I guess...)

  • It would be better if you did it with gold then with other currencies as they do the same thing. (Print more money)

    Gold is fixed and is horded as money it is not used that much in via permanent consumption like silver.

    Finally research Dollar collapse and martial law. Also watch the video "Money as Debt".

  • Cool. I'll check that out when I get home from work. And... Yeah, basing it off of gold would make more sense now that I think about it... Maybe I'll do a follow up with gold. I know all currencies are inflating, but I think it says a lot that the US is doing it at a rate much faster than the rest of the world.

  • That is true all currencies inflate as they are not backed by gold anymore. We need to get back to that so people can save without banks and government robing us through inflation. The whole system is corrupt so we must change it. Dr. Ron Paul he has been trying for 30 years now. But just in case I and his supporters can't change it consider saving in gold. Gold keeps its buying power. Example my home cost 26lb of gold today as did 10/15/30 years ago. ;)

  • Printing money out of thin air....no backing by gold. If you had $200k in the bank in 2001, you were raped of more than half of it due to devaluation & inflation. Yes america...you've been robbed! Great video.

  • Inflation. The "hidden" tax. I want more people to understand that state and federal taxes isn't the only way "Uncle Sam" gets his $.

  • All i know is the australian economy is kicking ass. 5 years ago we were 0.5 of an american Dollar now we are pretty much 1 for 1.

  • That might have more to do with the US dollar sucking than the Australian dollar kicking ass. ;) Although, Australia keeping their currency strong while the US dollar falls is pretty ass kicking. :)

  • u learn all this in Economics 101.

    very well explained......

    this is why the govt. wants you to be less educated so u dont understand whats going on.

    thanks author for putting a bit of knowlege on the net!!!

  • No problem. I plan on continuing with stuff like this. Thanks for enjoying it. :) And it sure does feel like the government wants people to eb less educated... but I think it just might be the crappy school systems we have here. A more educated public is good for everyone.

  • Thats well explained. I live in Australia and so far its about to meet at $1. But it depends on if its still going to rise and how fast is what i would like to know.

  • Yeah MTK the dollar has fallen every where. Before in Bosnia(where im from) like 100$ use to be 250 Bosnian Money now 100$ is 130BM.

  • Hmm.. I spotted some problems with your video (LOL, I study economics). Low Supply does not equate to High demand. Supply and demands are different concepts. If the supply is low, and the demand doesn't change, then the price will increase. And vice-versa.

    Price is a function of both supply and demand.

  • But you did a pretty sweet job explaining the money supply to a normal crowd. I couldn't have done better without dropping jargon. LOL.

    Perhaps what is most interesting to me is that you mentioned the fact that the US govt stopped publishing M3 information. M3 is a result of a debt-based economy.

    Each time America prints more money, other countries have to 'support' the dollar value - i.e. other countries are forced to deflate (which is not good)

  • Yeah, that crossed my mind, but I thought it was a good way to make things simple. Demand only changes if it changes. :) The scarcity of something makes it seem like the demand has changed, when actually it was the decrease in supply (like with the Nintendo Wii.)

  • Great, getting more people aware of the Austrian approach to economics and the money supply

  • oh, and the subprime crisis, is complicated, but the initial problem is, that american banks has been granting loans to consumers, that the consumers could not afford, meaning that the banks is in shortage of money...

    Thanks to Miltownkid for this video, and all the other videos, keep up the good work! Also i think the avarage american should know about theese problems in the american economy. I think alot of people dont know this kind of shit! SCARY!

  • Exactly! It really bothers me how uninformed the average person is about economics and things like this. I mean... how can a person vote effectively and not understand the inner workings of... well, I think you know what I'm saying. My goal isn't to get anyone to think like me, I hope I just get more people to think. :)

  • Also remember that because of the so called subprime crisis, the ammount of european/asian investors is falling, meaning that a smaller ammount of dollars is bought, not helping the huge supply at all. Obviously the goverment knows that the 100 billion dollars loan for the consumers will create more inflation, but it is a desperate try, to get the americans to spend more money, and therefore "kickstart" the economy. This will not solve the initial problem = To much goverment spending!

  • "THE" Canada lol

  • The Fed just announced it would be granting $100 billion to U.S. banks to loan out to consumers, yet again inflating the money supply and devaluing the $ further. They do this to put a band-aid on a severed artery. Eventually the patient WILL bleed to death. My own theory, which is backed by nothing but history, is that the Fed will purposely bankrupt the U.S. and throw you all into a depression in order to make joining with Mexico and using the new Amero, your only hope out of the depression

  • Interesting. Thanks for sharing. I need to do more reading on this Amero... I think combining forces with Mexico is... perhaps somewhat inevitable. I mean, in our life time minorities are going to be the new... majorities.

  • if your getting you resources from Weinkapedea or how ever you spell it, your information is probably false data because that web site is ordinary people like me and you post up thing on what they THINK the answer is for anything like birds they give fake info.

  • No. You're wrong. Wikipedia lists their source for information, follow the source. The graph is from federalreserve dot gov. What you're thinking of is people that ONLY use Wikipedia as a source for information and don't bother checking the facts.

  • Euro is just growing up u can see that around here...But that EBgames stuff is the same around here and has always been

  • lol you complain bout your money being less valuble....

    try paying the equivilant of 3 dollars for petrol (gas) or 90 dollars for a standard non make pair of jeans.

    suks to be in the uk

  • When did I complain? Or is this a response to someone else... :P I'm just trying to illuminate the subject. :)

  • Now you should teach them how to protect themselves from the falling dollar. Funny, you mention Oanda. I have an account with them as well as ODL Securities were I speculate various currencies. Granted, I do that for purposes of profit, but one could easily do it to maintain the value of their hard earned dollar.

  • I plan on doing that once I get enough dollars to start protecting. lol ;)

  • You should probably start with Oanda. They don't have any deposit requirements. You can literally open up an account with a dollar. They even accept Paypal. I recommend grabbing some info to on forex. It's definately an industry that I think is right up your alley.

  • But Assassin's Creed wasn't that bad. D:

  • i love the falling dollar. i live in london so i go to new york 2 shop every 6 mnths coz £1 gets me $2. so its real cheap 4 me in america

  • How does America's downfall make you 'love?' bcz now you can afford two shoes instead of one?

    -TonyaTko

  • Pimpin' dat Econ, baby.

  • This is all done by design MTK, so the American sheeple will bend over and accept the new " Amero " currency

  • This is what everyone kept saying on MY PAGE!

    This Amero sounds like hogwash!

    -TonyaTko

  • now you are a freaking economist?

    anyway you stil using cool caps :9

  • ahahahahaha GREAT NEWS FOR US IN IRELAND!!!!! but unlucky for the US, im sure usa will bounce back up on its feet(in some awkward way) :P

  • once you study it it becomes clearer :) read the exchange rates often to get an idea

  • lol I liked the Assassin's Creed example, that game indeed sucked... and yeah I sold it back on ebay the next day for $55

  • oh yea u move your hands up and down too much :/

  • Canada, America's hat

  • 10,000 billion dollars is 10 trillion dollars

  • eww vista it sucks dont it?

  • only if its installed on an old computer.

  • Sucks (Vista) on my new computer... I should do a video about it.

  • Yes, yes it does.

  • we're studying international trade and international finance now in my economics class. we keep talking about the dollar's value and stuff (i'm actually failing that class at the moment...)

  • GO CANADIAN DOLLAR!

  • USA ALL THE WAY USA ALL THE WAY!

    (no offense to Canada or any other country)

  • Is the canadian dollar RISING, or is the US dollar FALLING in comparison?

    -TonyaTko

  • The US dollar is falling.

  • They're both falling, as are all fiat currencies. It's just that the US dollar is falling faster.

  • Indeed. Thanks for including that.

  • Very interesting, thank you

  • BTW, what is "Assassins Creed"

    :-)

    -TonyaTko

  • Assassins creed is a video game man

  • a game

  • Awsome! Okay... well I heard it had something to do with:

    - Other countries' perception that we can pay the money back

    - The FIAT issue (no gold or silver backing it)

    - What you said (Money Supply)

    and one confusing thing I heard was: It depends on how the currency is being traded in the currency exchange (like the stock exchange)

    -TonyaTko

  • very intelligent economics!

  • Nice Ad(mired) shirt :D

  • i cannot think of a comment yet

  • interesting...yaeh assassin's creed did suck. good analogy :):)

  • so thats why where i live the houses are like 400,000 and up its rediculous

    and just for rent is like 1,700 and up

    man this sucks and thanx for the vid it helped

  • exatly i understand completly miltown and i love your videos ~!!!!!!!!!!!!!!!!!!!!!

  • Jea ich bin der erste. Ich finde die videos irgendwie geil.

  • thanks for the cool info :)

  • thanks for the cool info:)

  • I agree with you all the way. I used to be like that buy things when they came out. Very rare would I not like it but this is all completely true.

  • I agree with you all the way. I used to be like that buy things when they came out. Very rare would I not like it but this is all completely true.

  • Makes a lot of sense now. Fucking Bush should just bring back all the troops and destroy some u.s. dollars so, they can be worth more!

  • thanks for the cool info :)

  • thanks for the cool info :)

Loading...
Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more