This is common economics knowledge; you obviously have little to none, much like Bush's and Obama's advisors didn't. PLEASE get a clue and learn what the hell you're talking about [including doing a little research] before getting on here and making an ass out of yourself with this bamma shit you're trying to pull; trying to discredit economic experts who actually know what the hell they're talking about, and aren't tied to the Government and told what to say in order to keep the sheeple calm.
@JohnHam conspiracy schmonspiracy; haven't you listened to what professional economists/trenders have been saying [like Peter Schiff, Gerald Celente, Jim Rogers, and Marc Faber] about our current economic situation? These are men who have been right in the past about predictions of economic downturns, and things Peter Schiff were predicting would happen during this time period are actually happening.
@JohnHam Many economics majors will also tell you that the dollar's purchasing power is down a ton, and that the spending and debt increase rate problems of the government have not been solved. The creation of tons of paper currency out of thin air by the Fed into the current money supply adds to inflation. This is a fact. And this is what has been happening to prop up the stock markets. That is fact; not conspiracy.
The basis is that the dollar through devaluation [aka its "purchasing power"] has lost 95 percent of its value since the establishment of the Federal Reserve in 1913. The process of devaluation [might want to look that word up; you're clearly not familiar with it] is still continuing, much of it the result of the Fed printing more and more money to pay off interest on the debts the Govt. has already compiled. All professional economists are saying the same thing.
Study basic economics. Quantitative easing. QE2. QE3 is coming. Get a clue. And while you're at it, get a proper haircut, shave and non-geeky glasses.
A lot of people are slamming you. I'll go one step further. I blame your parents or mentors too. You really went through a lot of effort to show your ignorance. Listen to the people posting on your video. In a way, they're (and I'm) trying to teach you something. You have two choices: Prepare for the worst and hope for the best or keep your head in the sand and try showing people you know more than them. If they're wrong, so what? What if they're right? Answer that one smart ass.
tyler you need to start studying if you did you'd know it's exactly true what they're saying ,but your just another fake american with his head up his ass who can't see the truth
The video is an attempt to use fear mongering to get people to invest in gold and silver. Inflation.us is a stock pump and dump scam. I did some searching and found the evidence someone has already put together. watch?v=gR2nx9I8f5k Do a google search for "Jonathan Lebed" and "Pump and dump"
You're wrong, the U.S. Treasury won't print out billions of dollars, it will be the Fed doing the printing. And it won't be billions, it will be many, many trillions. Then the value of our dollar will drop and we'll have to depend on gold, silver and seeds. But just get silver because it will gain the most value. Screw the seeds and the gold.
Oh my God. Your being so ignorant! I'm 13 years old and I KNOW that this is a possibility. When I clicked this I thought you had some reasonable suggestions about the video and what you might do if (that if has a 70% chance of becoming a will/when) this actually happens.
Really, this is all not that far fetched. Just take a look at the economy and how it is doing today. Trillions in debt, cuting of revenues, and removing of civil rights of the common people (martial law being enacted in states claiming a fiscal emergency), the idea of what you saw in that video suddenly becomes clear.
Do some research. Look into what the state senators are doing to the working class. Look at what the government is cutting. Educate yourself.
And where are all the people who caused this mess? Sitting nice and high behind their reinforced gates and fences, sticking on a stockpile of resources that, being well informed of this happening since they created it, have accumulated much in advance.
With the dollar being reduced so much due to hyper inflation vs lack of goods, the only valuable assets will return to what they have always been, gold and silver. Cash will be useless.
Food items become scarce as trucks are no longer able to import (same with planes). Demand reaches higher, eventually becoming to much for stores to handle as goods eventually sell out. National panic and disorder. Mass starvation ensues as poverty skyrockets.
Result: Take a guess. You think people will just shrug their shoulders and say "oh well"? No way. Looting, crime, vandalitions, riots... The whole nine yards.
Everything in North America relies on our trucking industry. Trucks run on gas made from oil. Oil prices skyrocket, trucks have to pay more for fuel, so companies charge more for goods. Basic supply and demand is assaulted by rising prices from everything to food to aftershave. Government, already in a recession, prints more money without being able to account for it, which means hyper inflation happens. Cost of living increases without a raise in wages.. cont
Yes, and enlightened 19 yr olds have always known how to save the world!! Hey, Mr Know it all, please explain what QE 1, and 2 and 3 are?? We have been in a depression since 12/ 2008. otherwise we woul dnot have Quantitative Easing!! Dumb ass!!
This is already happening. The government is already shutting down essential services. States are going bankrupt. Infrastructure is not being maintained. Its not a bad idea to have seeds and food saved. If gas prices go up (which they are) things will cost more (which is happening as we speak).
If anything happens to the oil supply everything will stop. Believe it or not, everything is oil. From the food we eat to the clothing we wear, its all oil.
Dude have you even graduated high school yet? And you think you "know" about the world? Stick with your Doritos, Cheetos, CoD and WoW while mommy and daddy keep your internet fees current. In a few years, you'll crack out of that "idiot" shell and see the world as it really is.
These are videos made by the "intelligently ignorant" to make themselves feel better about a situation. The "intelligently ignorant" make themselves "dumb on purpose."
Herbert Spencer said it best:
“There is a principle which is a bar against all information, which is proof against all arguments and which cannot fail to keep a man in everlasting ignorance — that principle is contempt prior to investigation.”
Money is actually worthless right now and has been since our currency stopped being backed by gold and once people relize money is worthless that video you thought was so amusing will become real. Its only a matter of time.
Oh and just wondering but are you jewish? Jews run the banks , media and government and the do not have americans best interest at heart. Jews can and will make hyperinflation a reality. Go to federal reserve website and look up the bank presidents. They are all Jews.
Why don't you try doing even a tiny bit of research before you run around calling people idiots? Look at the numbers and see how frighteningly close this country is to Greece, if only by the statistics. Your chopped up smartass rantings just make you look like a teenager with far too much time on his hands.
your video was made on july 15 2010...today is jan 15 2011.... 6 mo. later ...i am wondering if you still feel that our country is in good shape....not much time left to prepare....good luck and may God bless
So dud, you got your comments below, have you done any planing yet. We sure would like a follow up video starting with the statement "I was stupid for making fun of the mess the country is in"
You are quite possibly this most uniformed douche I have come across in a while. The fact that you have no grasp of economics is not surprising considering your age and obvious modern American public school education. Let me know how that works out for you.
lol wat a retard. i know the reason and so does the government. lol he will be one of those dudes u see on the movies. you know, the one in the movie where d world is ending and their are signs all around and losers like him come out with some cornball explanation on how it all cant be true, because he cant see past his self indulged arrogance where he thinks he is smarter. cause if this was gonna happen he thinking" how come i dont see it? it cant be true im way smarter". they always die...smh
REguardless of what you think about the Inflation.us video, this stuff CAN and DOES obviously happen here. That video was just a small town in MASS..but imagine the ENTIRE COUNTRY falling to its knees? I admit this vid is a little hyped, but if you dont put a shock/scare in people (especiall americans) they will lay on their fat asses eating McDonalds, and continue bowling every thursday to care..
So how much research have you done on this? Do you think since this is America it could "never" happen here. Hyperinflation is a very real horror that could happen. Do you have any idea how much debt this country is in? Do you know how much debt we are projected to have by 2015? If China and our major creditors lose hope in our dollar (which is happening) we are screwed. Go get macro economics 101 and make a video once you learn something.
DUDE THIS IS REAL! LOOK IN YOUR BIBLE IN REVELATIONS... HISTORY REPEATS ITSELF REGARDLESS WON'T YOU RATHER BE SAFE THEN SORRY? ...THE GREAT DEPRESSION... UMMM 'NOUGH SAID... BUY SOME DAMN WATER AND BUY SOME DAMN NON-PERISHABLES SO YOU WON'T BE THAT MAD MAN KILLING YOUR NEIGHBOR FOR THE FOOD HE STORED!
Dude, or should I say sheepude!!! You can count on the government (good luck) or shut up and listen. Thanks to the insights of inflation nation and others who can see what is really going on. Smart people are protecting their families and preparing for what is likely happening to this great country of ours. When the shit hits the fan and you find yourself dying of hunger, don’t come to my door begging for food, I’ll shoot your ass!!! You are way off base on this one!
yeah this entire thing is to scare people. why just last week i thought about putting a hugh chunk of my money on buying one gold coin from Ebay. not a bunch but just one weighning one ounce im close to broke with only a few thousand dollars. . im not going to do that i had finally came to my senses after peruseing the selections. give me a break. if the NIA is for real were all doomed. i think there full of crap.
You will remember making this vid when you're trying to keep warm under a cardboard box. You're too young to know what you are talking about. You're basiclly ignoring all the clear signs around you.
@silencetraitors all you have to look @ are these black friday sales. people goin nuts to save pennies. now imagine when you thirsty and your hungry, you will kill your neighbor for something to eat. this idiot on this vid would be 1 of the first ones to kill and be killed.
oh my god, ive never been so impressed with someones blatant naivety.
This shit is very real, and stupid cunts like you are part of the problem, you have no points as to why this won't happen, yet there are stacks of evidence as to why this might happen, and countless sections in history where it has already happened.
You're so funny dude, that must be why you have to edit the shit out of your videos to make you the slightest bit interesting... you must have really struggled.
@flamingoisfun - do you know what the function of the 'national inflation association' is? to sell worthless penny stocks to gullible idiots; you don't believe me, watch this video: v=sDxUjMOKROU
@sfiorare are you going to answer my question? or refer me to a video that (albeit interesting) has nothing to do with what I have written. Because the NIA is supposedly corrupt that means that there is no chance of this sort of thing happening? no.
@sfiorare I'm on no bandwagon, I knew and learnt about this stuff way before I discovered the NIA, now fuck off if you don't have any relevant arguments.
@flamingoisfun - your denial and assertion, "I knew and learnt about this stuff" are truly funny; tell me what you think you "learnt" and where you "learnt' it
@sfiorare why does that matter, the point is that I didn't learn economics from NIA, so your point is... pointless. I'm bored of you anyway, troll someone else.
If people believe you they will believe anything!!!!!!! Now go back to your video game and stop trying to think I can see were it is hurting your brain.
Hmmm... the economy looks pretty bad, jobs look bad/unemployment extremely high,
food prices are rising... you also see that china is dumping the USD for short term, housing foreclosures... what part of this do you think is so funny?
"people really will belive anything if it has line graphs" its ironic that u belive all this false recovery crap. the govt uses line graphs on pussys like you to make sure you dont lose hope in the dollar (the only reason we havent already collapsed). it took us 40+ to get to 1 trillion $ in debt. we did that in the last few months and the defecit is growing exponentially, u think the US govt will sack up and default on our debt or print our way out?
Obviously we won't know till it all goes down, but what he's saying is that we are dependent on grocery stores for food. Since those stores are not stocked locally, if energy costs stopped truckers the shelves would be bare in 72 hours. The vid was a demo of how fast this would happen. With seeds you could grow food locally +value. If our currency loses value through hyper-inflation only precious metals would retain the necessary purchasing power to help you buy goods and services from others.
This has happened in other countries. What makes you so sure it could not happen here? Plenty of people in the superdome wish they had stored up a couple cases of water a few years ago. I do not see any harm in storing enough canned goods to last 6 months to feed my family. If something does go down, be it flood, nuke or any natural disaster, little dickles, know it all fuck heads, like you, will be the first ones banging on my door asking for something to eat! Just my opinion....
Tyler, the USD will fail because the FED keeps printing more of it for all the bailouts and defecits. When prices start to rise they than impose max prices which makes it impossible to trade legally (as nobody wants to sell at official price). This has happened many times in history, too bad you got your "education" from the state.
@PJCelis - how much did you think when you wrote, "too bad you got your "education" from the state"; because when questioned, you were forced to admit you went to state schools; but of course, your fuzzy emotional excuse for the difference seemed to suggest that you educated yourself; most likely meaning that you did so poorly in school that you were naive and fell for internet propaganda and disinformation; you say you think; it appears that your thoughts are extremely shallow and unsound
@sfiorare: I graduated top of my class and had my fair share of Keynesian and neoclassical bullshit along the way. I than went to work for a US strategy consulting firm where I saw FED corporatism in practice. So if I stress the difference between schooling/degrees and actually being logically consistent, it's because there are inherent methodological and incentive problems underlying our monetary policy and education system. If yo refute what I said below, we can start discussing economics.
@VisualBrownies Look at the post history. Sfiorare kept asking for credentials before starting the debate. I'm the one saying credentials don't mean anything, only the logic of the argument does. I'll check again at a later point to see if either of you want to discuss monetary economics, I won't be defending the legitimacy of the debate anymore, nor will I respond to ad hominem attacks regarding perception of what I previously said on state education.
@PJCelis "I went to state schools all my life, but never let my schooling interfere with my education" -That is just about one of the best quotes I ever heard my friend.
@BradNC/PJCelis "never let my schooling interfere with my education" - notice how schooling, education and income are directly related: "In 1999, average annual earnings ranged from $18,900 for high school dropouts to $25,900 for high school graduates, $45,400 for college graduates and $99,300 for the holders of professional degrees."
@sfiorare You just get more and more pathetic with each comment lol. I've been around many wealthy people and I've been around plenty of poor people and can say wealth may buy many things but class is not one of them. Neither does it buy decency, happiness, common sense or a solid charicter. It's a pathetic and shallow individual how ever that judges one by material wealth. Well educated people have been responsable for as many calamities as they have positive contributions so what's your point?
We are $13 Trillion dollars in debt. Manufacturing jobs have left this country. Fractional reserve banking is distorting the dollar. The war on terror is a FAIL. The war on drugs is a FAIL. Legalize Marijuana and tax it. Those are the only seeds you will need to save!
@PhishHeadTed - which country has gdp greater than the usa? you can tell someone that's a sucker for internet propaganda by the way they demonize fractional reserve requirements; now hurry up and go buy poland springs bottled water, non-perishable food, gold coins and non-hybrid seeds, all marked up to ten times the normal price because it's a survival emergency, right?
@sfiorare LOL! I'm not buying in to the Doomsday hype. I believe this country is on the verge of relaxing it's outdated laws on Marijuana/Hemp control. Marijuana trade is one thing, but the Hemp industry is another. Clothing, Food, Fuel, Textiles, Building Material, ETC. Not to mention the needless prosecution of low-level "criminals". A renewed economy is just around the corner, and the Fed can continue their policies.I'll be using the Poland Springs to water my plants.
@sfiorare Like I said, the Hemp industry will generate plenty of jobs and products. It can definitely positively add to the economy. Meanwhile,the fed can continue their policies. Like misappropriating funds to cronie oversea bank executives. No one will notice as long as we shut the propaganda machine down and cease the doomsday myth. I'm on your side!
@sfiorare A private individual that prints money is a counterfieter. Why is counterfiet illegal? It depreciates the value of the currency. The job of government is to regulate and control the currency. That is the whole reason we have a treasury. So what is the Federal Reserve? The Federal Reserve prints money and it is not a public institution. The Fed with fiat dollar backed by prints money with little restriction these days. How is that less detrimental than a counterfieter?
@sfiorare is it not the purpose of the Federal Reserve to manage the nation's money supply via monitary policy? The Federal Reserve has more control over this nation's currency than the Department of the Treasury does which in itself makes the Federal Reserve unConstitutional. So once again I'll ask you how is it that the Federal Reserve is any less detrimental than some shade tree counterfieter? Again please prove to me how public debt principals should be any different from private principal?
@BradNC11175 - i already gave you a perfect example of the great difference between personal and public finance, but here are some more: 1: Adjustment of income and expenditure: a government first prepares an estimate of expenditure and then means to raise that sum and the individual must adjust his expenditure to his income. 2: Budgeting: the unit for the public budget is one year but an individual needs not balance his budget during a given period.
@BradNC11175 - 3: Deficit financing: deficit financing is a peculiar privilege of government but an individual can not do it, unless he is prepared to go behind the bars. 4: Different objectives: an individual tries to maximize his satisfaction or profit from a given amount of resources but the objective of government expenditure is to maximize social benefit.
@sfiorare 1-we know how accurate government estimate of cost can be now don't we? 2- if they balanced the budget annually we wouldn't be $13.2 Trillion in debt. 3- members of government should be in prison for the job they have done. 4- to maximize social benefit? Where did you get that: Karl Marx? The Federal Reserve works for government like crack dealers for drug attics. Name me one beaurocrat who will say "no thanks we have enough money"? Bad policy and bad principals are universal.
@BradNC11175 - notice how the post office is called a 'quasi-governmental agency' by the supreme court, making your assertion that there is no such thing completely wrong, as usual; " right to deliver first-class and third-class mail. Indeed, in 2004, the U.S. Supreme Court ruled in a unanimous decision that the USPS was not a government-owned corporation, and therefore could not be sued under the Sherman Antitrust Act. - USPS. v. Flamingo Indus. (USA) Ltd., 540 U.S. 736 (2004)
@BradNC11175 Where did you get that: Karl Marx? - no, it comes from a book titled 'public finance' by c.f. bistable, professor of economics, dublin university; yes i know, you think know more about public finance than someone that's studied it for most of his life; you're like an arm-chair quarter back that never played pro ball but thinks he knows better than the super bowl qb; you're so eaten up with political rhetoric that you can't see anything but what you've been indoctrinated into
@sfiorare Perhaps you are right about me being "indoctrinated" by rhetoric. But you can't claim that you are any less guilty of that than I am. The only difference is I would question what a professor of economics would tell me. You just take it as the gospel based on what I can see. I have never heard of Dublin (in Ireland?) University nore could I care a less about it. I could say the same for C.F. Bistable. Yeah the Irish economy what a model to follow lol. What is your practical experience?
@BradNC11175 - you're so indoctrinated that you can't read the simple answers to the question of how public finance is different without saying something bigoted about ireland; just admit you are completely wrong about the quasi-govermental agency thing and don't know what you're talking about
@sfiorare bigoted againsy Ireland lol? Oh are we getting politically correct now, just when I thought you were reasonably intelligent you had to be politically correct and make me rethink that one lol. I have nothing against Ireland, I am part Irish. I'll admit that "the quasi governmental thing" is wrong about as soon as you'll wear an "I love Dick Cheney" t-shirt and confess that you don''t know a damned thing about economics. It's clear you don't because you think this madness is working lol.
@BradNC11175 - there are so many levels of idiocy in that last post of yours that it feels like i'm debating a 13 year old that thinks he knows everything; let's focus on the quasi- governmental agency issue, since you are so obviously wrong about it, why would the supreme court and other reputable info source address quasi-governmental agencies if they don't exist?
@sfiorare aside from the Supreme Court who are you refering to as "reputable sources"? Of course the Supreme Court has never reversed itself now has it and the Justices always rule unanimously do they not? With idiots like Sotomyor and possibly Kegan in the future and Stephens in the past why would anyone dispute them? Tell me any institution that the US Federal government has under it's jurisdiction where they do not possess the lion's share of the authority? "Quasi" my ass.
@sfiorare I asked you the question: who are the reputable and oh so credible sources you are referring to? The burden is upon you to produce the sources, not me. Maybe your Mic college professor lol? Perhaps you should consider The Ludwig von Mises Institute or the Cato Institute and the Soviergn Society or what about Ron Paul? Are any of them sources for reputable information on the Federal Reserve, debt and/or the economy? Or perhaps your more interested in Lenin, Roosevelt, Mao or Marx?
@sfiorare Now aint that the pot calling the kettle black lol? Your hypocracy knows no bounds sir. Of course Ron Paul and the Ludwig von Mises Institute are biased and totally wrong in your eyes. What they say go against everything your beloved college miseducation probably taught you about policy and economics. You wouldn't want to think or even by chance admit you were brainwashed by professors who know nothing more than theories based on rhetoric and nonsense for a hefty fee.
@BradNC11175 - don't you realize that mises, hayek and the like were college professors? read an article written by a couple of ron paul's former staffers, titled 'Who Wrote Ron Paul's Newsletters?' and you'll see how ron schemed with lew rockwell to pander to racists, tax cheats, nut cases, know-nothings and such; the bottom line is that if you support ron paul, you've been duped, much like the followers of pol pot, stalin and mao
@sfiorare If you beleive that there are glaring similarities between Ron Paul and Pinko collectivists like Pol Pot, Stalin & Mao than you know little of either Ron Paul or the collectivists you mentioned. I stated from the start that not all college professors are pinkos and morons. Racist? Of course Ron Paul or anything right of center appeals to racists according to the left. The charge is so over used it's nigh irrelevant. Define a tax cheat? The income taxation in this country is the scam.
@BradNC11175 - did you read the article? it was not written by anyone near the left, it was written by ron paul's former staffers (libertarians); on the other issue: pol pot, stalin and mao all demonized so-called 'elites'
@sfiorare No I have not read the article but thank you I will check it out. I have honestly been wanting to read some legitimate criticisms of Ron Paul to see what they have said. Truthfully I haven't seen many criticisms I have felt were valid. I am not saying there isn't any. The so called elites in both parties have earned their criticisms. It's demonization when the claims are not honest & credible. Criticism or elitist doesn't make him Marxist. I don't see Ron Paul plotting to rule us all.
@sfiorare You have got to be kidding me lol?! You could read and hear less "he said" and "she said" crap from National Inquirer than in your precious "Who wrote Ron Paul's new letters". There was a lot of quotation from anonymous sources. Let's assume for a second there was any validity to the charges of racism and such claimed there. We are in the land of forgivness are we not? If PrezBO can associate with bigots like Jeremiah Wright & terrorists like Bill Ayres Paul should be forgiven right?
@BradNC11175 - the undenialble fact is that ron paul's newsletters exist and they contain lots of racist materail; for example: "Order was only restored in L.A. when it came time for the blacks to pick up their welfare checks"
@sfiorare Yeah well Obama has Commie pinkos and anti Vietnam war terrorists as cabinet members who couldn't have gotten into the Armed Forces do their criminal back grounds. He also has Jerimiah Wright who has said far worse about whites than making crude jokes. If you would please tell me where this comment: "Order was only restored in L.A. when it came time for the blacks to pick up their welfare checks" came from specifically, the issue & date? Because your "enlightening write up" did not.
@BradNC11175 - 'ron paul newsletter' june 15th 1992, obtained from 'the wisconsin historical society'; you can see more in this you tube video: v=G7FwULXnM_E
@sfiorare Congratulations on your outstanding research ability. But the charge was that Ron Paul caters to "racists, tax cheats & nut jobs". I saw a video on here 2-3 years ago where Ron Paul admitted he knew little about the internet "Old dog, new trick". Ron Paul may be guilty of not better monitoring the rhetoric on his websights. But does that make him a racist? How does HE cater to racists? Can you show me an example of racism in any of his speeches or principals he has espoused himself
@BradNC11175 - it's not research, i've known and read about ron paul since 1988; ron and lew rockwell and planned the paleolibertarian strategy so that he could have deniability of the scheme; otherwise, how could people expect a man who can't exercise basic oversight for a lousy monthly newsletter to take full responsibility for the entirety of the government of the most powerful nation on earth?
@sfiorare I doubt you'll ever see a President Ron Paul but possibly we may see a President Rand Paul. But, perhaps the sound economic policy and foreign policy he has advocated trump what was written long ago on a "lousy monthly news letter"? I am sure that the media and the left who have "conveniently over looked" President Obama's direct & recent ties to domestic terrorists like Bill Ayers and racist nuts like Jeremiah Wright would over look a silly old news letter wouldn't they?
@BradNC11175 - rand won't ever be president either; other than age, he's no different than ron; he may even be more open about allowing private race discrimination than ron is; electing someone like david duke, haley barbour, rand or ron paul is like going backwards instead of forward
@sfiorare I beg to differ, the only reason I'd say Ron Paul probably won't ever be our president is because of his age. The man will be 80 years old by the time of the 2012 election cycle. But if he runs I will still vote for him. You have yet to prove that Ron Paul is a racist so it should be interesting to hear you TRY and prove Rand Paul is one lol. Does it make one racist to oppose beaurocratic institutions such as well fare and nationalized health care? If so I am guilty as charged.
@sfiorare I am starting to wonder myself. This has become like a high school debate. Once again you take some little excript of some post from some "lousy monthly news letter" written by a staffer and use this as an attempt to paint the man as some Neo Nazi or Klansmen. Then you say of the man's son "he may even be more open about allowing private race discrimination than ron is". At what point do you admit your full of shit with nothing to go on? Where did the David Duke comparrison come from?
@BradNC11175 - many years experience with internet debate has contributed to my noticing that it's mostly schoolboys that say "prove it" or claim they've proved something, when they hardly even have a clue what 'burden of proof' entails; you'll notice that i don't claim to have or ask for proof; i ask for info sources, you tube doesn't allow external source links; isn't it funny how rand paul's civil rights views allow for racial exclusion in privately owned, public businesses: v=MWBDWU7qES8
@sfiorare Usually in a court of "law burden of proof" is a requirement for settling a dispute. Granted this is no court room but making slanderous claims is equally as pointless here or anywhere else. I did not see in your video where Rand Paul advocated "racial exclusion in privately owned business, public businesses." I did see where he applauded the end of institutional racial exclusion but supported private business's right to choose. Pay attention next time and you might learn somthing lol
Check out a movie named "Waterborne."
Coulterr 2 months ago
I don't believe in the appocolyptic prediction, but it's good to be prepared. Did you learn nothing from Katrina?
Coulterr 2 months ago
wow I hope this kid has changed his thinking since posting this.
nibblesann 2 months ago
No basis eh? They teach Hyperinflation in Economics in every college and university idiot!
TheOccupywallstreet 2 months ago
@TheOccupywallstreet
That's right, Argentina's currency collapse was less than 10 years ago. Lots of interesting read about the consequences to be read on the Net.
youtube.com/watch?v=FeLLR3LWtv4
youtube.com/watch?v=D2QnfFO7fXM
And a video comment on hypocrisy:
watch?v=5IASIiMZzPE
N1755L 2 months ago
they do give reasons
parkinator0beta 3 months ago
QE3 is coming
82816a1 5 months ago
your all stupid believing in some stupid inflation if your all so scared then why aren't you all doing anything.
mrspamer1 6 months ago
Hi Hotty! u r being bombarded on here, But I have to say they are right, just start saving for whats coming ahead. :)
onedollarhairstylist 6 months ago
This is common economics knowledge; you obviously have little to none, much like Bush's and Obama's advisors didn't. PLEASE get a clue and learn what the hell you're talking about [including doing a little research] before getting on here and making an ass out of yourself with this bamma shit you're trying to pull; trying to discredit economic experts who actually know what the hell they're talking about, and aren't tied to the Government and told what to say in order to keep the sheeple calm.
rjky1986 6 months ago 4
@rjky1986
It's a conspiracy theory man. I bet you believe Loose Change too.
JohnHam 6 months ago
@JohnHam conspiracy schmonspiracy; haven't you listened to what professional economists/trenders have been saying [like Peter Schiff, Gerald Celente, Jim Rogers, and Marc Faber] about our current economic situation? These are men who have been right in the past about predictions of economic downturns, and things Peter Schiff were predicting would happen during this time period are actually happening.
rjky1986 6 months ago
@JohnHam Many economics majors will also tell you that the dollar's purchasing power is down a ton, and that the spending and debt increase rate problems of the government have not been solved. The creation of tons of paper currency out of thin air by the Fed into the current money supply adds to inflation. This is a fact. And this is what has been happening to prop up the stock markets. That is fact; not conspiracy.
rjky1986 6 months ago
The basis is that the dollar through devaluation [aka its "purchasing power"] has lost 95 percent of its value since the establishment of the Federal Reserve in 1913. The process of devaluation [might want to look that word up; you're clearly not familiar with it] is still continuing, much of it the result of the Fed printing more and more money to pay off interest on the debts the Govt. has already compiled. All professional economists are saying the same thing.
rjky1986 6 months ago 3
Study basic economics. Quantitative easing. QE2. QE3 is coming. Get a clue. And while you're at it, get a proper haircut, shave and non-geeky glasses.
obatomy 6 months ago 3
your going to die when the zombies come
compston210 7 months ago
WOW YOU ARE STUPID
prissweb 7 months ago 9
A lot of people are slamming you. I'll go one step further. I blame your parents or mentors too. You really went through a lot of effort to show your ignorance. Listen to the people posting on your video. In a way, they're (and I'm) trying to teach you something. You have two choices: Prepare for the worst and hope for the best or keep your head in the sand and try showing people you know more than them. If they're wrong, so what? What if they're right? Answer that one smart ass.
datsellur 7 months ago 3
@datsellur very well said; couldn't agree more.
rjky1986 6 months ago 2
no must be a retard who is fucked on drugs and shit. Going to be the first people to get his ass beat to death when it happens.
decworld 7 months ago 3
stop watching american idol.and start saving for your own bottle of water.
JORGENUNEZRAMSES33 7 months ago 8
Yes the NIA has reason to predict this. Ask your history teacher about inflation in Argentina, Zimbabwe, or the Wiemar Republic.
The "money supply" was not increased by "billions" but by trillions.
Ask your econ teacher about "inflation" and the "velocity of money."
Then ask yourself what sense it makes for people to trade work for slips of paper... because it doesn't.
jburdman7 8 months ago 4
tyler you need to start studying if you did you'd know it's exactly true what they're saying ,but your just another fake american with his head up his ass who can't see the truth
blackmagicc1 9 months ago 2
.........This thing HAS to be a jew.....
WhiteWeasel420 9 months ago
The video is an attempt to use fear mongering to get people to invest in gold and silver. Inflation.us is a stock pump and dump scam. I did some searching and found the evidence someone has already put together. watch?v=gR2nx9I8f5k Do a google search for "Jonathan Lebed" and "Pump and dump"
womeniwanttofuck 9 months ago
You're wrong, the U.S. Treasury won't print out billions of dollars, it will be the Fed doing the printing. And it won't be billions, it will be many, many trillions. Then the value of our dollar will drop and we'll have to depend on gold, silver and seeds. But just get silver because it will gain the most value. Screw the seeds and the gold.
FlipThatBond 10 months ago
Oh my God. Your being so ignorant! I'm 13 years old and I KNOW that this is a possibility. When I clicked this I thought you had some reasonable suggestions about the video and what you might do if (that if has a 70% chance of becoming a will/when) this actually happens.
I guess I was wrong.
NcoleyCP 10 months ago
Really, this is all not that far fetched. Just take a look at the economy and how it is doing today. Trillions in debt, cuting of revenues, and removing of civil rights of the common people (martial law being enacted in states claiming a fiscal emergency), the idea of what you saw in that video suddenly becomes clear.
Do some research. Look into what the state senators are doing to the working class. Look at what the government is cutting. Educate yourself.
AvalonDraconis 11 months ago
And where are all the people who caused this mess? Sitting nice and high behind their reinforced gates and fences, sticking on a stockpile of resources that, being well informed of this happening since they created it, have accumulated much in advance.
With the dollar being reduced so much due to hyper inflation vs lack of goods, the only valuable assets will return to what they have always been, gold and silver. Cash will be useless.
cont
AvalonDraconis 11 months ago
Food items become scarce as trucks are no longer able to import (same with planes). Demand reaches higher, eventually becoming to much for stores to handle as goods eventually sell out. National panic and disorder. Mass starvation ensues as poverty skyrockets.
Result: Take a guess. You think people will just shrug their shoulders and say "oh well"? No way. Looting, crime, vandalitions, riots... The whole nine yards.
cont
AvalonDraconis 11 months ago
Okay, basic economy 101:
Everything in North America relies on our trucking industry. Trucks run on gas made from oil. Oil prices skyrocket, trucks have to pay more for fuel, so companies charge more for goods. Basic supply and demand is assaulted by rising prices from everything to food to aftershave. Government, already in a recession, prints more money without being able to account for it, which means hyper inflation happens. Cost of living increases without a raise in wages.. cont
AvalonDraconis 11 months ago
This makes alot of sense to me
but maybe because im around the same age i guess lol
RealFutureStar33 11 months ago
Yes, and enlightened 19 yr olds have always known how to save the world!! Hey, Mr Know it all, please explain what QE 1, and 2 and 3 are?? We have been in a depression since 12/ 2008. otherwise we woul dnot have Quantitative Easing!! Dumb ass!!
savgal1211 11 months ago
This is already happening. The government is already shutting down essential services. States are going bankrupt. Infrastructure is not being maintained. Its not a bad idea to have seeds and food saved. If gas prices go up (which they are) things will cost more (which is happening as we speak).
If anything happens to the oil supply everything will stop. Believe it or not, everything is oil. From the food we eat to the clothing we wear, its all oil.
rjkerb08 11 months ago
Dude have you even graduated high school yet? And you think you "know" about the world? Stick with your Doritos, Cheetos, CoD and WoW while mommy and daddy keep your internet fees current. In a few years, you'll crack out of that "idiot" shell and see the world as it really is.
revealer007 1 year ago
This video is what I call a "self-opiated video"
These are videos made by the "intelligently ignorant" to make themselves feel better about a situation. The "intelligently ignorant" make themselves "dumb on purpose."
Herbert Spencer said it best:
“There is a principle which is a bar against all information, which is proof against all arguments and which cannot fail to keep a man in everlasting ignorance — that principle is contempt prior to investigation.”
—Herbert Spencer
revealer007 1 year ago
I hope you never reproduce..
masterofsurvival 1 year ago
Money is actually worthless right now and has been since our currency stopped being backed by gold and once people relize money is worthless that video you thought was so amusing will become real. Its only a matter of time.
Oh and just wondering but are you jewish? Jews run the banks , media and government and the do not have americans best interest at heart. Jews can and will make hyperinflation a reality. Go to federal reserve website and look up the bank presidents. They are all Jews.
JonParmesan 1 year ago
fear for profit is bullshit, sickening
seriouslycurious1 1 year ago
Is that u Barack??
texasranger1964 1 year ago
Why don't you try doing even a tiny bit of research before you run around calling people idiots? Look at the numbers and see how frighteningly close this country is to Greece, if only by the statistics. Your chopped up smartass rantings just make you look like a teenager with far too much time on his hands.
FacTheory 1 year ago
@FacTheory - comparing the united states to greece shows that it's you that is an idiot
sfiorare 1 year ago
your video was made on july 15 2010...today is jan 15 2011.... 6 mo. later ...i am wondering if you still feel that our country is in good shape....not much time left to prepare....good luck and may God bless
stutaw 1 year ago
So dud, you got your comments below, have you done any planing yet. We sure would like a follow up video starting with the statement "I was stupid for making fun of the mess the country is in"
fiveds5 1 year ago
You are quite possibly this most uniformed douche I have come across in a while. The fact that you have no grasp of economics is not surprising considering your age and obvious modern American public school education. Let me know how that works out for you.
mykindasky 1 year ago
good to see you dude, but you are a good example for a stupid american guy.
i will look at you in few years and trust me you will s+ck some dicks for a mcdonalds meal
sott81 1 year ago
@sott81 I bet you suck dicks for happy meals now.
DocWyoming 1 year ago 2
Clearly, a Public Relations specialist working for the US government.
fletcherkcjr5 1 year ago
this guy is one of millions that is in for one hell of a shock soon.
riffraff2012 1 year ago 2
Good job man. Dude actually thinking normally. Normal American guy, what can I say. Seeds. ahhaah
sov19871987 1 year ago
I think there are about thirteen and a half trillion reasons. Yeah, about that many.
BLynchCAN 1 year ago
Dude < you better do your research!! That Video is just a small example of things to come .
The Federal Reserve has already been over printing money.
Your FOOD is shipped in to you!
Dont make a video unless you know what your talking about.
tristansdew 1 year ago
well this is cool, if the wheels fall off, I'll come over to ur house and eat.
rickster348 1 year ago
so....tyler.....its been 4 months since our bet.....how are you feeling about it now?
secretsquirrell13 1 year ago
crap!!
desimhicks 1 year ago
Comment removed
desimhicks 1 year ago
@tyler
your wrong wake up and smell the coffee!!!
GS212301 1 year ago
great Vid thanks
ozeangruen 1 year ago
lol wat a retard. i know the reason and so does the government. lol he will be one of those dudes u see on the movies. you know, the one in the movie where d world is ending and their are signs all around and losers like him come out with some cornball explanation on how it all cant be true, because he cant see past his self indulged arrogance where he thinks he is smarter. cause if this was gonna happen he thinking" how come i dont see it? it cant be true im way smarter". they always die...smh
ShakaZuluGomez 1 year ago
how blind can you be?
Panbaneesha 1 year ago
@Panbaneesha (this is what public school does).
rickster348 1 year ago
This has been flagged as spam show
READ THE HISTORY OF THIS COUNTRY,
82816a1 1 year ago
Good to see someone who is so blind that they have to be a leader of sheep... keep it up Tyler!
The rest of us will be alive and well when this country collapses under its own weight, all before the 2016 elections, cya on the flipside!
scrwblll 1 year ago
READ THE HISTORY OF THIS COUNTRY, DUMBASS! Those that forget the past.....
kd7one 1 year ago
@erieeric
lol
BTek4 1 year ago
REguardless of what you think about the Inflation.us video, this stuff CAN and DOES obviously happen here. That video was just a small town in MASS..but imagine the ENTIRE COUNTRY falling to its knees? I admit this vid is a little hyped, but if you dont put a shock/scare in people (especiall americans) they will lay on their fat asses eating McDonalds, and continue bowling every thursday to care..
MotorCityPlayer 1 year ago
So how much research have you done on this? Do you think since this is America it could "never" happen here. Hyperinflation is a very real horror that could happen. Do you have any idea how much debt this country is in? Do you know how much debt we are projected to have by 2015? If China and our major creditors lose hope in our dollar (which is happening) we are screwed. Go get macro economics 101 and make a video once you learn something.
AEye86 1 year ago
DUDE THIS IS REAL! LOOK IN YOUR BIBLE IN REVELATIONS... HISTORY REPEATS ITSELF REGARDLESS WON'T YOU RATHER BE SAFE THEN SORRY? ...THE GREAT DEPRESSION... UMMM 'NOUGH SAID... BUY SOME DAMN WATER AND BUY SOME DAMN NON-PERISHABLES SO YOU WON'T BE THAT MAD MAN KILLING YOUR NEIGHBOR FOR THE FOOD HE STORED!
peacanpr 1 year ago
Best video reply EVER.
yollam 1 year ago
What an idiot.
dlmaniac 1 year ago
@dlmaniac - yes, frogguch is an idiot
sfiorare 1 year ago
@sfiorare
uh no, I meant this tylerhasablog poster was an idiot.
You don't seem much smarter either based on your posts.
dlmaniac 1 year ago
@dlmaniac - you were wrong, tyler is correct; the nia is a scam, watch this video: v=sDxUjMOKROU
sfiorare 1 year ago
Dude, or should I say sheepude!!! You can count on the government (good luck) or shut up and listen. Thanks to the insights of inflation nation and others who can see what is really going on. Smart people are protecting their families and preparing for what is likely happening to this great country of ours. When the shit hits the fan and you find yourself dying of hunger, don’t come to my door begging for food, I’ll shoot your ass!!! You are way off base on this one!
frogguch 1 year ago
yeah this entire thing is to scare people. why just last week i thought about putting a hugh chunk of my money on buying one gold coin from Ebay. not a bunch but just one weighning one ounce im close to broke with only a few thousand dollars. . im not going to do that i had finally came to my senses after peruseing the selections. give me a break. if the NIA is for real were all doomed. i think there full of crap.
TheNecropolis20 1 year ago
@TheNecropolis20 - yes, the nia is a scam, watch this video and see the evidence: v=sDxUjMOKROU
sfiorare 1 year ago
You will remember making this vid when you're trying to keep warm under a cardboard box. You're too young to know what you are talking about. You're basiclly ignoring all the clear signs around you.
silencetraitors 1 year ago
@silencetraitors all you have to look @ are these black friday sales. people goin nuts to save pennies. now imagine when you thirsty and your hungry, you will kill your neighbor for something to eat. this idiot on this vid would be 1 of the first ones to kill and be killed.
KGCJR1 1 year ago
@KGCJR1 god its hard to find smart people on youtube . thanks for the comment . people think america is invisible.
luwis 1 year ago
oh my god, ive never been so impressed with someones blatant naivety.
This shit is very real, and stupid cunts like you are part of the problem, you have no points as to why this won't happen, yet there are stacks of evidence as to why this might happen, and countless sections in history where it has already happened.
You're so funny dude, that must be why you have to edit the shit out of your videos to make you the slightest bit interesting... you must have really struggled.
flamingoisfun 1 year ago
@flamingoisfun - y2k
sfiorare 1 year ago
@sfiorare ....is completely irrelevant
flamingoisfun 1 year ago
@flamingoisfun - you're a nut
sfiorare 1 year ago
@sfiorare care to explain how? or what y2k has to do with what i wrote?
flamingoisfun 1 year ago
@flamingoisfun - do you know what the function of the 'national inflation association' is? to sell worthless penny stocks to gullible idiots; you don't believe me, watch this video: v=sDxUjMOKROU
sfiorare 1 year ago
Comment removed
flamingoisfun 1 year ago
@sfiorare are you going to answer my question? or refer me to a video that (albeit interesting) has nothing to do with what I have written. Because the NIA is supposedly corrupt that means that there is no chance of this sort of thing happening? no.
flamingoisfun 1 year ago
@flamingoisfun - nia is taking advantage of the stupidity of ripe idiots like you that have jumped on the gloom and doom bandwagon
sfiorare 1 year ago
@sfiorare I'm on no bandwagon, I knew and learnt about this stuff way before I discovered the NIA, now fuck off if you don't have any relevant arguments.
flamingoisfun 1 year ago
@flamingoisfun - your denial and assertion, "I knew and learnt about this stuff" are truly funny; tell me what you think you "learnt" and where you "learnt' it
sfiorare 1 year ago
@sfiorare why does that matter, the point is that I didn't learn economics from NIA, so your point is... pointless. I'm bored of you anyway, troll someone else.
flamingoisfun 1 year ago
@flamingoisfun - come on, tell me where you learned, i mean 'learnt' it
sfiorare 1 year ago
@sfiorare if you are going to pick on a word for using in the wrong context, at least pick a word where I have used it in the wrong context.
now, seriously... stop trying to troll me, you're not very good at it
flamingoisfun 1 year ago
@flamingoisfun - i just want to see what your information source is
sfiorare 1 year ago
@sfiorare I'd also like to add that I don't think that the NIA are completely corrupt and that doesnt stop this person from being a dick
flamingoisfun 1 year ago
If people believe you they will believe anything!!!!!!! Now go back to your video game and stop trying to think I can see were it is hurting your brain.
fiveds5 1 year ago
@fiveds5 wrote: "I can see were it is hurting your brain." - can you really?
sfiorare 1 year ago
Hmmm... the economy looks pretty bad, jobs look bad/unemployment extremely high,
food prices are rising... you also see that china is dumping the USD for short term, housing foreclosures... what part of this do you think is so funny?
TheCandaceH 1 year ago
"people really will belive anything if it has line graphs" its ironic that u belive all this false recovery crap. the govt uses line graphs on pussys like you to make sure you dont lose hope in the dollar (the only reason we havent already collapsed). it took us 40+ to get to 1 trillion $ in debt. we did that in the last few months and the defecit is growing exponentially, u think the US govt will sack up and default on our debt or print our way out?
hockey2204 1 year ago
back to school junior.....your one of the tards who will be crying to mommy when the reality sets in.
SonsOfLibertyRiders 1 year ago
Obviously we won't know till it all goes down, but what he's saying is that we are dependent on grocery stores for food. Since those stores are not stocked locally, if energy costs stopped truckers the shelves would be bare in 72 hours. The vid was a demo of how fast this would happen. With seeds you could grow food locally +value. If our currency loses value through hyper-inflation only precious metals would retain the necessary purchasing power to help you buy goods and services from others.
drumnation2083 1 year ago
They have other video's.. MANY other video's that have explained how it is getting there month by month...
tarantula152 1 year ago
This has happened in other countries. What makes you so sure it could not happen here? Plenty of people in the superdome wish they had stored up a couple cases of water a few years ago. I do not see any harm in storing enough canned goods to last 6 months to feed my family. If something does go down, be it flood, nuke or any natural disaster, little dickles, know it all fuck heads, like you, will be the first ones banging on my door asking for something to eat! Just my opinion....
thiscreepingmalaise 1 year ago
This has been flagged as spam show
@thiscreepingmalaise - watch this video, then get back to me: v=sDxUjMOKROU
sfiorare 1 year ago
This has been flagged as spam show
@thiscreepingmalaise - watch this video, then get back to me: v=sDxUjMOKROU
sfiorare 1 year ago
austrian economics is even more archaic than keynsian economics
sfiorare 1 year ago
Tyler, the USD will fail because the FED keeps printing more of it for all the bailouts and defecits. When prices start to rise they than impose max prices which makes it impossible to trade legally (as nobody wants to sell at official price). This has happened many times in history, too bad you got your "education" from the state.
PJCelis 1 year ago
@PJCelis - where did you get your education?
sfiorare 1 year ago
@sfiorare I went to state schools all my life, but never let my schooling interfere with my education ;)
PJCelis 1 year ago
@PJCelis - i have a feeling tyler is way ahead of you in the education dept
sfiorare 1 year ago
@sfiorare You feel, I think. That's the difference between the two of us.
PJCelis 1 year ago
@PJCelis - how much did you think when you wrote, "too bad you got your "education" from the state"; because when questioned, you were forced to admit you went to state schools; but of course, your fuzzy emotional excuse for the difference seemed to suggest that you educated yourself; most likely meaning that you did so poorly in school that you were naive and fell for internet propaganda and disinformation; you say you think; it appears that your thoughts are extremely shallow and unsound
sfiorare 1 year ago
@sfiorare: I graduated top of my class and had my fair share of Keynesian and neoclassical bullshit along the way. I than went to work for a US strategy consulting firm where I saw FED corporatism in practice. So if I stress the difference between schooling/degrees and actually being logically consistent, it's because there are inherent methodological and incentive problems underlying our monetary policy and education system. If yo refute what I said below, we can start discussing economics.
PJCelis 1 year ago
@PJCelis Wow. Your dick must be huge.
VisualBrownies 1 year ago
@VisualBrownies Look at the post history. Sfiorare kept asking for credentials before starting the debate. I'm the one saying credentials don't mean anything, only the logic of the argument does. I'll check again at a later point to see if either of you want to discuss monetary economics, I won't be defending the legitimacy of the debate anymore, nor will I respond to ad hominem attacks regarding perception of what I previously said on state education.
PJCelis 1 year ago
@PJCelis So your dick isn't very big?
VisualBrownies 1 year ago
@PJCelis - the motivation behind all of this is a scheme to profit from gold and gain political power
sfiorare 1 year ago
@sfiorare Could you please elaborate. What scheme, why gold, who wants the power.
PJCelis 1 year ago
This has been flagged as spam show
@PJCelis - what planet do you live on?
sfiorare 1 year ago
@PJCelis "I went to state schools all my life, but never let my schooling interfere with my education" -That is just about one of the best quotes I ever heard my friend.
BradNC11175 1 year ago
@BradNC/PJCelis "never let my schooling interfere with my education" - notice how schooling, education and income are directly related: "In 1999, average annual earnings ranged from $18,900 for high school dropouts to $25,900 for high school graduates, $45,400 for college graduates and $99,300 for the holders of professional degrees."
sfiorare 1 year ago
@sfiorare You just get more and more pathetic with each comment lol. I've been around many wealthy people and I've been around plenty of poor people and can say wealth may buy many things but class is not one of them. Neither does it buy decency, happiness, common sense or a solid charicter. It's a pathetic and shallow individual how ever that judges one by material wealth. Well educated people have been responsable for as many calamities as they have positive contributions so what's your point?
BradNC11175 1 year ago
Happened in Argentina back in the 90's. Educate yourself....It could yes, very well could happen here. always good to be prepared, just in case.
audrapriscilla 1 year ago
@audrapriscilla - so you want to compare argentina to the usa? what a joke
sfiorare 1 year ago
We are $13 Trillion dollars in debt. Manufacturing jobs have left this country. Fractional reserve banking is distorting the dollar. The war on terror is a FAIL. The war on drugs is a FAIL. Legalize Marijuana and tax it. Those are the only seeds you will need to save!
PhishHeadTed 1 year ago
@PhishHeadTed - which country has gdp greater than the usa? you can tell someone that's a sucker for internet propaganda by the way they demonize fractional reserve requirements; now hurry up and go buy poland springs bottled water, non-perishable food, gold coins and non-hybrid seeds, all marked up to ten times the normal price because it's a survival emergency, right?
sfiorare 1 year ago
@sfiorare LOL! I'm not buying in to the Doomsday hype. I believe this country is on the verge of relaxing it's outdated laws on Marijuana/Hemp control. Marijuana trade is one thing, but the Hemp industry is another. Clothing, Food, Fuel, Textiles, Building Material, ETC. Not to mention the needless prosecution of low-level "criminals". A renewed economy is just around the corner, and the Fed can continue their policies.I'll be using the Poland Springs to water my plants.
PhishHeadTed 1 year ago
@PhishHeadTed - sure you will
sfiorare 1 year ago
@sfiorare Like I said, the Hemp industry will generate plenty of jobs and products. It can definitely positively add to the economy. Meanwhile,the fed can continue their policies. Like misappropriating funds to cronie oversea bank executives. No one will notice as long as we shut the propaganda machine down and cease the doomsday myth. I'm on your side!
PhishHeadTed 1 year ago
@PhishHeadTed - i'm not opposed to hemp, but i am opposed to propaganda and misinformation
sfiorare 1 year ago
@sfiorare A private individual that prints money is a counterfieter. Why is counterfiet illegal? It depreciates the value of the currency. The job of government is to regulate and control the currency. That is the whole reason we have a treasury. So what is the Federal Reserve? The Federal Reserve prints money and it is not a public institution. The Fed with fiat dollar backed by prints money with little restriction these days. How is that less detrimental than a counterfieter?
BradNC11175 1 year ago
@BradNC11175 - you're 100% wrong the fed has no authority to print money and it does not do so, only the us treasury dept can print currency;
sfiorare 1 year ago
@sfiorare is it not the purpose of the Federal Reserve to manage the nation's money supply via monitary policy? The Federal Reserve has more control over this nation's currency than the Department of the Treasury does which in itself makes the Federal Reserve unConstitutional. So once again I'll ask you how is it that the Federal Reserve is any less detrimental than some shade tree counterfieter? Again please prove to me how public debt principals should be any different from private principal?
BradNC11175 1 year ago
@BradNC11175 - i already gave you a perfect example of the great difference between personal and public finance, but here are some more: 1: Adjustment of income and expenditure: a government first prepares an estimate of expenditure and then means to raise that sum and the individual must adjust his expenditure to his income. 2: Budgeting: the unit for the public budget is one year but an individual needs not balance his budget during a given period.
sfiorare 1 year ago
@BradNC11175 - 3: Deficit financing: deficit financing is a peculiar privilege of government but an individual can not do it, unless he is prepared to go behind the bars. 4: Different objectives: an individual tries to maximize his satisfaction or profit from a given amount of resources but the objective of government expenditure is to maximize social benefit.
sfiorare 1 year ago
@sfiorare 1-we know how accurate government estimate of cost can be now don't we? 2- if they balanced the budget annually we wouldn't be $13.2 Trillion in debt. 3- members of government should be in prison for the job they have done. 4- to maximize social benefit? Where did you get that: Karl Marx? The Federal Reserve works for government like crack dealers for drug attics. Name me one beaurocrat who will say "no thanks we have enough money"? Bad policy and bad principals are universal.
BradNC11175 1 year ago
@BradNC11175 - notice how the post office is called a 'quasi-governmental agency' by the supreme court, making your assertion that there is no such thing completely wrong, as usual; " right to deliver first-class and third-class mail. Indeed, in 2004, the U.S. Supreme Court ruled in a unanimous decision that the USPS was not a government-owned corporation, and therefore could not be sued under the Sherman Antitrust Act. - USPS. v. Flamingo Indus. (USA) Ltd., 540 U.S. 736 (2004)
sfiorare 1 year ago
@BradNC11175 Where did you get that: Karl Marx? - no, it comes from a book titled 'public finance' by c.f. bistable, professor of economics, dublin university; yes i know, you think know more about public finance than someone that's studied it for most of his life; you're like an arm-chair quarter back that never played pro ball but thinks he knows better than the super bowl qb; you're so eaten up with political rhetoric that you can't see anything but what you've been indoctrinated into
sfiorare 1 year ago
@sfiorare Perhaps you are right about me being "indoctrinated" by rhetoric. But you can't claim that you are any less guilty of that than I am. The only difference is I would question what a professor of economics would tell me. You just take it as the gospel based on what I can see. I have never heard of Dublin (in Ireland?) University nore could I care a less about it. I could say the same for C.F. Bistable. Yeah the Irish economy what a model to follow lol. What is your practical experience?
BradNC11175 1 year ago
@BradNC11175 - you're so indoctrinated that you can't read the simple answers to the question of how public finance is different without saying something bigoted about ireland; just admit you are completely wrong about the quasi-govermental agency thing and don't know what you're talking about
sfiorare 1 year ago
@sfiorare bigoted againsy Ireland lol? Oh are we getting politically correct now, just when I thought you were reasonably intelligent you had to be politically correct and make me rethink that one lol. I have nothing against Ireland, I am part Irish. I'll admit that "the quasi governmental thing" is wrong about as soon as you'll wear an "I love Dick Cheney" t-shirt and confess that you don''t know a damned thing about economics. It's clear you don't because you think this madness is working lol.
BradNC11175 1 year ago
@BradNC11175 - there are so many levels of idiocy in that last post of yours that it feels like i'm debating a 13 year old that thinks he knows everything; let's focus on the quasi- governmental agency issue, since you are so obviously wrong about it, why would the supreme court and other reputable info source address quasi-governmental agencies if they don't exist?
sfiorare 1 year ago
@sfiorare aside from the Supreme Court who are you refering to as "reputable sources"? Of course the Supreme Court has never reversed itself now has it and the Justices always rule unanimously do they not? With idiots like Sotomyor and possibly Kegan in the future and Stephens in the past why would anyone dispute them? Tell me any institution that the US Federal government has under it's jurisdiction where they do not possess the lion's share of the authority? "Quasi" my ass.
BradNC11175 1 year ago
This has been flagged as spam show
@BradNC11175 - what grade are you in?
sfiorare 1 year ago
@BradNC11175 - so, according to you, you are the only reputable info source, what grade are you in?
sfiorare 1 year ago
@sfiorare I asked you the question: who are the reputable and oh so credible sources you are referring to? The burden is upon you to produce the sources, not me. Maybe your Mic college professor lol? Perhaps you should consider The Ludwig von Mises Institute or the Cato Institute and the Soviergn Society or what about Ron Paul? Are any of them sources for reputable information on the Federal Reserve, debt and/or the economy? Or perhaps your more interested in Lenin, Roosevelt, Mao or Marx?
BradNC11175 1 year ago
@BradNC11175 - are you really so naive that you don't know that ron paul and the mises institute are the epitome of a biased info source?
sfiorare 1 year ago
@sfiorare Now aint that the pot calling the kettle black lol? Your hypocracy knows no bounds sir. Of course Ron Paul and the Ludwig von Mises Institute are biased and totally wrong in your eyes. What they say go against everything your beloved college miseducation probably taught you about policy and economics. You wouldn't want to think or even by chance admit you were brainwashed by professors who know nothing more than theories based on rhetoric and nonsense for a hefty fee.
BradNC11175 1 year ago
@BradNC11175 - don't you realize that mises, hayek and the like were college professors? read an article written by a couple of ron paul's former staffers, titled 'Who Wrote Ron Paul's Newsletters?' and you'll see how ron schemed with lew rockwell to pander to racists, tax cheats, nut cases, know-nothings and such; the bottom line is that if you support ron paul, you've been duped, much like the followers of pol pot, stalin and mao
sfiorare 1 year ago
@sfiorare If you beleive that there are glaring similarities between Ron Paul and Pinko collectivists like Pol Pot, Stalin & Mao than you know little of either Ron Paul or the collectivists you mentioned. I stated from the start that not all college professors are pinkos and morons. Racist? Of course Ron Paul or anything right of center appeals to racists according to the left. The charge is so over used it's nigh irrelevant. Define a tax cheat? The income taxation in this country is the scam.
BradNC11175 1 year ago
@BradNC11175 - did you read the article? it was not written by anyone near the left, it was written by ron paul's former staffers (libertarians); on the other issue: pol pot, stalin and mao all demonized so-called 'elites'
sfiorare 1 year ago
@sfiorare No I have not read the article but thank you I will check it out. I have honestly been wanting to read some legitimate criticisms of Ron Paul to see what they have said. Truthfully I haven't seen many criticisms I have felt were valid. I am not saying there isn't any. The so called elites in both parties have earned their criticisms. It's demonization when the claims are not honest & credible. Criticism or elitist doesn't make him Marxist. I don't see Ron Paul plotting to rule us all.
BradNC11175 1 year ago
@sfiorare You have got to be kidding me lol?! You could read and hear less "he said" and "she said" crap from National Inquirer than in your precious "Who wrote Ron Paul's new letters". There was a lot of quotation from anonymous sources. Let's assume for a second there was any validity to the charges of racism and such claimed there. We are in the land of forgivness are we not? If PrezBO can associate with bigots like Jeremiah Wright & terrorists like Bill Ayres Paul should be forgiven right?
BradNC11175 1 year ago
@BradNC11175 - the undenialble fact is that ron paul's newsletters exist and they contain lots of racist materail; for example: "Order was only restored in L.A. when it came time for the blacks to pick up their welfare checks"
sfiorare 1 year ago
@sfiorare Yeah well Obama has Commie pinkos and anti Vietnam war terrorists as cabinet members who couldn't have gotten into the Armed Forces do their criminal back grounds. He also has Jerimiah Wright who has said far worse about whites than making crude jokes. If you would please tell me where this comment: "Order was only restored in L.A. when it came time for the blacks to pick up their welfare checks" came from specifically, the issue & date? Because your "enlightening write up" did not.
BradNC11175 1 year ago
@BradNC11175 - 'ron paul newsletter' june 15th 1992, obtained from 'the wisconsin historical society'; you can see more in this you tube video: v=G7FwULXnM_E
sfiorare 1 year ago
@sfiorare Congratulations on your outstanding research ability. But the charge was that Ron Paul caters to "racists, tax cheats & nut jobs". I saw a video on here 2-3 years ago where Ron Paul admitted he knew little about the internet "Old dog, new trick". Ron Paul may be guilty of not better monitoring the rhetoric on his websights. But does that make him a racist? How does HE cater to racists? Can you show me an example of racism in any of his speeches or principals he has espoused himself
BradNC11175 1 year ago
@BradNC11175 - it's not research, i've known and read about ron paul since 1988; ron and lew rockwell and planned the paleolibertarian strategy so that he could have deniability of the scheme; otherwise, how could people expect a man who can't exercise basic oversight for a lousy monthly newsletter to take full responsibility for the entirety of the government of the most powerful nation on earth?
sfiorare 1 year ago
@sfiorare I doubt you'll ever see a President Ron Paul but possibly we may see a President Rand Paul. But, perhaps the sound economic policy and foreign policy he has advocated trump what was written long ago on a "lousy monthly news letter"? I am sure that the media and the left who have "conveniently over looked" President Obama's direct & recent ties to domestic terrorists like Bill Ayers and racist nuts like Jeremiah Wright would over look a silly old news letter wouldn't they?
BradNC11175 1 year ago
@BradNC11175 - rand won't ever be president either; other than age, he's no different than ron; he may even be more open about allowing private race discrimination than ron is; electing someone like david duke, haley barbour, rand or ron paul is like going backwards instead of forward
sfiorare 1 year ago
@sfiorare I beg to differ, the only reason I'd say Ron Paul probably won't ever be our president is because of his age. The man will be 80 years old by the time of the 2012 election cycle. But if he runs I will still vote for him. You have yet to prove that Ron Paul is a racist so it should be interesting to hear you TRY and prove Rand Paul is one lol. Does it make one racist to oppose beaurocratic institutions such as well fare and nationalized health care? If so I am guilty as charged.
BradNC11175 1 year ago
@BradNC11175 - "prove"; is that a joke, what grade are you in?
sfiorare 1 year ago
@sfiorare I am starting to wonder myself. This has become like a high school debate. Once again you take some little excript of some post from some "lousy monthly news letter" written by a staffer and use this as an attempt to paint the man as some Neo Nazi or Klansmen. Then you say of the man's son "he may even be more open about allowing private race discrimination than ron is". At what point do you admit your full of shit with nothing to go on? Where did the David Duke comparrison come from?
BradNC11175 1 year ago
@BradNC11175 - many years experience with internet debate has contributed to my noticing that it's mostly schoolboys that say "prove it" or claim they've proved something, when they hardly even have a clue what 'burden of proof' entails; you'll notice that i don't claim to have or ask for proof; i ask for info sources, you tube doesn't allow external source links; isn't it funny how rand paul's civil rights views allow for racial exclusion in privately owned, public businesses: v=MWBDWU7qES8
sfiorare 1 year ago
@sfiorare Usually in a court of "law burden of proof" is a requirement for settling a dispute. Granted this is no court room but making slanderous claims is equally as pointless here or anywhere else. I did not see in your video where Rand Paul advocated "racial exclusion in privately owned business, public businesses." I did see where he applauded the end of institutional racial exclusion but supported private business's right to choose. Pay attention next time and you might learn somthing lol
BradNC11175 1 year ago