Printing of Money is a double edge sword. The Money buys less and you get in a higher tax bracket. To maintain the same income level, you need to get a raise. That puts you into a higher income bracket and you will pay a greater percentage of your income into taxes. In effect the high income Tax brackets are pushed down.
@bctruck I was using a screwy converter at the time and it split the channels . I think you're listening to it thru 1 channel you need left and right speakers. This vid was made in late 2008 . A l ot of vids I made after converting the audio tracks were way too loud. I cant fix it because it's a lost cause old video. yu need left and right speakers playing. I was using "any video converter" at the time.
@BZentinela This stuff is like looped compositions from many different composers that I got off of sound recorder with no names attached. I do use alot of remixed atrium carceri yen pox.. try some of those names
From Thin Air>More Dollars Are Printed>More Inflation + more debt= Prices soar, dollar is devalued. It is obvious that Ben Bernanke relies on his own guilt and lies. Audit the Fed, now or never. Stubborn and corrupt leaders will always stick to their own ignorance rather than supporting the well being of human kind.
Be prepared for the unexpected.
This will be way worse than the Great Depression of 1930s, on a global scale.
@rezek71 lemme guess you got 1 right or left speaker right? Anyway, this is a older vid and when I was using vista I found major issues screwed up audio on moviemaker. You can hear what he says if you have both channels (LR) for this vid.
@Antoniowish Hahaha! Exactly, these people think they must buy gold and silver but it won't really make much of a difference. And where the fuck are they going to get the money to buy gold? They can barely afford to pay the fuckin' rent! And by the time hyperinflation occurs in America, the price of bread will be 2000ounces of gold, whereas most people will only have a few ounces. Might as well put that gold up your ass, because it will be just as worthless as paper money. You cannot eat gold.
1) Firstly: Where the fuck are people supposed to get money to buy gold? Did you not perhaps notice the fact that almost every citizen of an urban city has to go work to earn fiat money, and this money is used to pay expenses and purchase necessities required for survival? So by the time hyperinflation strikes you, the gold will be no more worthless than the fiat currency. And honestly, how many people can afford gold?
@twistedwest1 Hahaha, typical middle-class cunt. My father's Ducati costed more than your house, check my videos - you mightlearn something, it's called "capitalism", you fuckin' unemployed college dropout. Fuck off back to elementary school, perhaps then you might get a stable job in a country which is about to go through hyperinflation.
@twistedwest1 For your information South Africa is the leading exporter of diamonds, gold, coal and copper. Get your facts straight you retarded cocksucking shemale.
2) Secondly: Who can afford to buy gold? Maybe 10% of the population? The rest have to use their income to buy food and pay expenses. The money leftover won't even get a gram of gold, far less than the one in your mother's wedding ring. Even if people purchase a stockpile of gold bars, it would have to be exchanged back into money again, or you'd have to exchange it directly for whatever you want to buy.
3) Thirdly: And let's suppose your gold bars are considered so valuable that you msut give all of them just to purchase one cheap item. Would you be willing to trade in all your gold bars just for one loaf of bread? I guess the survival instinct will make the decision on your behalf. No shop will accept gold as a valid payment for a loaf of bread - you'd have to go to the blackmarket for that kind of barter transaction.
@twistedwest1 Hahaha, you call me an "idiot" and yet you can't even spell the word properly? Wow, you're yet another self-proclaimed working-class faggot who is struggling to pay the rent, so now he's taking out his frustrations on YouTube.
@twistedwest1 No, go ask your mother to suck your dick, because that's the usual part-time work she does - other than being a prostitute and sweeping the floor at the local grocery shop.I feel sorry for abortion-survivors like you, but at least I live a happy life riding my 09 GSX-R600, something you will never touch in your pathetic lifetime. Maybe your parents can save up their minimum wages to buy you one. ;-)
@twistedwest1 Hahahaha! Fuck you retarded midget. So you got 100 gold coins and the price of a loaf of bread will be 2000 gold coins. Inflation will still get you in the end.
@twistedwest1 Hahaha, you mean you got $10 worth of gold-plated microscopic coins? Hahaha, typical middle-class milf. Fuck you broke ignorant negro. I don't have a bank account. I keep my money as physical cash in my safe. I'm currently spending my money on aluminium bars, gold bars, laptops, cellphones, petrol, and cheap brand-new scooters, and then keeping them just in case inflation occurs here in South Africa. And I already have an 09 GSX-R600, which costed more than your house.
what the hell are you talking about??? lol get a life you randomy commented on me saying shit i dont even know about.lol what a idoit and you called me poor lol kid grow up what indicated i was poor what a joke hahahahahaha you poot ass south african. calling me a nigger was very ignorant.theres nothing that sais im black and even if i was you need to grow up wow i never knew south africans were really that racist.you also told me information about you life which i do not wish to know get a life
@twistedwest1 Hahaha, get a fuckin' vocabulary you 8th Grade midget. I guess it's a typical symptom of college dropouts, hence they are able to call me an "idoit". Your grammar skills really fascinate me. No wonder your mother works as a security guard at McDonald's. I suppose milfs like her have no better way of paying off your school fees. I suspect you're one of those crack-induced kids who gets high with his abusive parents. I ride my dad's Ducati 1098, unlike you.
@twistedwest1 I already do have a life. It's called "being a university student". Unfortunately, for you, you're the product of a broken home shooting up amphetamines with your parents. And hell I see you even took the time to reply to something for which you have no knowledge of the subject at hand. I was talking about this video and hyperinflation, dumb cock. Oh by the way, you're ugly like the back of my nuts.
@twistedwest1 You asked me what the hell I'm talking about. It pertains to the statement you made, claiming to own stacks of silver bars and gold coins. And then I said "So you got 100 gold coins and the price of a loaf of bread will be 2000 gold coins!" I was REPLYING to your comment!
2000 gold for a loaf of bread wow south africans are retarted. there will always be food and ppl will grow it. 2000 for a loaf of bread are you a idiot that will never happen you need to look at past economic collapses gold had always retained its value and there will always be ppl willing to buy like ppl in other countries or ppl who have supplies and have food so they are willing to sell there supplies for gold. look at history
@twistedwest1 Excuse me Sir! Please don't call me retarded, because I could say the same about you! Hyperinflation means the overall RISE IN THE LEVEL OF PRICES OF GOODS/SERVICES, typically 50 times more than normal inflation. When the prices increase, each unit of account buys less items (a loss of value). Whether the unit of account (currency) is gold, silver, cattle, chicken, cocaine, it doesn't matter! Their value will decrease too. Gresham's law, my friend!
@twistedwest1 Hello again, Sir! Firstly, "retarded" is not spelt "retarted". Secondly, suppose we live in some post-industrialized world, after severe hyperinflation, effectively plunging us back into the Stone Age again. You got 1000-ounces of gold in your broken home. I am the only supplier of bread. You want to buy bread from me? First thing I'll say is, "Hello. Give me 1000-ounces of gold. Thank you. Fuck you." It leads to a barter economy - people charging higher prices to take advantage!
@twistedwest1 Sir, I understand your point. But it poses a few flaws. Yes, I've looked at history. If you walk down memory lane you'll see a world before the wheel was invented. A world where the only forms of money were commodity money which kept their value (gold, silver, pepper, salt, precious metals, etc). During this time the gold standard ruled - inflation/hyperinflation was virtually impossible. So, do you want to re-live history again? And end up in barter transactions?
@twistedwest1 Sir, it's me, the Psycho again. The total amount of gold that has ever been mined has been estimated at around 142 000 metric tons. Assuming a gold price of US$1,000 per ounce, or $32,500 per kilogram, the total value of all the gold ever mined would be around $4.5 trillion. This is less than the value of circulating money in the U.S. alone, where more than $8.3 trillion is in circulation. Why? Because the world economy has grown so rapidly. We're in a lose-lose situation.
@twistedwest1 Oh, a return to the gold standard, and end to fractional reserve banking, would result in a significant increase in the current value of gold, which may limit its use in current applications. Example, instead of $1,000 per ounce, the ratio can be defined as $2,000 per ounce effectively raising the value of gold to $9 trillion.
@twistedwest1 To shock you ever further, a gold standard leads to deflation whenever an economy using the gold standard grows faster than the gold supply. When an economy grows faster than its money supply, the same money must be used to execute a larger volume of transactions. The only ways of achieving this are for the money to circulate faster or to lower the cost of the transactions. If deflation drives costs down, the real value of each unit of money goes up. Deflation+inflation=no solution
@mrsevans1000 The cost of groceries has doubled each month? It's because you've got a low-paying job sweeping the floor at McDonal's. It's called "minimum wage", faggot. Obviously food is expensive for you. I got wealthy parents already, I live in a nice house in Plattekloof, an affluent suburb in Cape Town. I got an 09 GSX-R600 and I get pocket money each month - don't need a job, everything in South Africa is cheap and people get paid a lot. Prepare for hyperinflation in your corrupted nation.
@dreamthinker79 Exactly. Gold and silver are just about the same as paper money. Think of them as "rare" paper money. Gold is no different to having a piece of paper that says "GOLD" on it. Even if you have 5000 tons of gold, do you think your local grocery store will accept that shit for a loaf of bread? And when you want to buy fuel, how the fuck are you going to transport gold? Even during hyperinflation, the price of gold gets worthless - nobody wants it, because they can't eat it. fuck u;-)
@beswick1111 i find it very ironic that you say the only real money is gold and silver, yet you don't even have the "money" to buy gold or silver. And, honestly, does your local shop accept gold/silver as legal tender when you're buying food? Didn't think so. Gold, silver and a handful of people will survive in a world destroyed by hyperinflation and a nuclear holocaust. Hyperinflation is like the "reboot" button of the world economy - makes way for a new currency.
the world will try to sell their dollars back, and the usa wont be abled to give back any worth... the dollar will drown. but this time, the world will understand, what happens and the oil standard wont be worth any dollar anymore. the dollar is already dead.
your saving are worthless but also your debts become worthless, so if u have a mortgage, and u owe $100,000 on it and next week u owe $1,000,000 on it, than u can tell the banks to eat shit right?
but remember...the bank ownwers,the rich and powerfull have something you and i don't have....and that is a government to watch their backs and protect them from the evil terrorists(thats us and every middle class americans) and they will get their $1.000.000 plus tax from our ass.remember those bankers have something call "the fine print" at the end of every single document you and i sign,in other words they will come after you,me and all the criminals(poor people).
yea yeah, I have video I'm working on maybe not the next vid about why I think why this runaway spending is deliberate .. It's boring topic many boring hours of video research stay tuned.
@breedofthe45 Lmfao. These humans never cease to amaze me. When I become the Federal Reserve chairman. I will print more money to fuck up the economy, so that me and my homies can sit on the porch drinking 40s all day just to jizz on a hoe or two, while the middle-class die from starvation because they're eating worthless paper money around my chrome Escalade. Take note that the suicide rate has skyrocketed at the same rate as inflation.
@breedofthe45 Fuck you. It's because of ignorant working-class milfs like you who take out loans and use credit cards - and at the end you struggle to pay your debt and all the money is used up for expenses. It's the people who went to university and eventually get professional careers which earns them a decent income to sustain life and buy luxuries. You, however, don't have this. So you're not a millionaire, and never will be - deal with it.
@DirectCore ...who said im broke?...oohh i see, you are one of those students who ask for a student loan, and now you gonna spend the rest of your life paying it, so you need to realese some steam,....feel better asshole?...or do you need me to loan you a few dollars so you can learn to be a liberal communist bastard at campus?
@breedofthe45 Nope. My parents pay for my university fees. Try another way to make yourself appear like an ignorant cock-smoker. Oh, and my dad's 09 Ducati 1098 costed more than your house, bitch. Surely that means I don't need to be taking loans to pay university fees (that's like spare change to my parents). I study civil engineering, unlike you. Maybe you should ask your father to loan you his huge dick up your ass, maybe that way you can learn how to appreciate internal cumbustion.
@DirectCore oooh no wonder.....another mama's boy...go to bed kid, and turn the light off, your parents work hard for that money, maybe one day you will know whats that like. We get it ok! Richie Rich..your parents have money..wow!!!...you got unicorns and your own Burger King in your living room, a Pony in your own personal bathroom and a lot of toys...we hear ya!...relax, one day you should see hairs growing in wierd parts of your body and soon you will grow up to be a complete asshole.
@beswick1111 You say we must buy gold and silver? Can you please explain who the fuck is stupid enough to sell gold or silver to your sorry ass? Since the people who already own the gold won't want to sell it, because they're keeping it as protection for the bumpy ride of inflation. Naturally, people do not want to sell gold, no more than you would if you owned some already. Unfortunately, you don't have gold. You'll be among the first to die of starvation. You are a joke on two legs.
@beswick1111 And I noticed a disturbing fact about you: u want to buy gold; exactly how do you propose to pull off this stunt? Hmm, let's see - you want to walk into a building and buy gold using your paper money? Oh fuck. Then you discover a Cuban dude with a cigar already pre-packed the idea that gold is essentially "priceless" in this situation, and he refuses to accept your worthless pile of Benjamins. Kid, all I can say is: buy a Bible, drink cyanide, and have a safe trip to the afterlife.
In our faith-based economy, the value of the dollar is not tied to any real, solid thing. The dollar is fiat money, supported by nothing more than the faith that those that accept it in payment have in it, the belief that they can, in turn, exchange it for the good and services that they want to purchase.The problem looming on the American horizon is that those holding a huge portion of dollars, including nations like China, are beginning to lose faith and are starting to convert their dollars.
@cbr6864 Hello CBR, are you that faggot who walks into a grocery store and buys the only meal you'll ever have for the day, and then you pay it with a $20 bill because you "believe" that the piece of paper can get the goods/services according to the face value? Money is the Mark of the Beast. You're confusing "faith" with "monetary policy". If I wrote $50 on a piece of paper, would you believe it's real money? The government is controlling you with money, that's why you work to earn it.
If the masses only knew what money (debt) really was. If they only knew that they operate in debt based monetary system where you can never pay a debt because there is no real money, only debt notes. Therefore you can only offset one debt with another; basically passing the debt to someone else. It's a loose-loose situation for the people and win-win for the banksters.
@vme02 Clap, clap, clap. Ben Bernanke read this forum and laughed to see the ignorant comment you bestowed. Basically, you're an oxymoron on two legs. You say that debt is a loose-loose situation for civilians, but a win-win situation for the bank. Er, last time I checked it was the Fed that was making money out of money. You're the idiot who CHOOSES to keep money. If you don't like money, then why do u bother keeping money in the first place? Another ignorant sheep suffers for his own actions.
@DirectCore I guess ignorance really is bliss, talk to me when you have educated yourself on money. Judging from the exorbitant number of comments you've left on this post; you are nothing more than an ignorant fool trying to get attention. Maybe you should move out of mommy's basement, but then again, that is the best place for a troll. Enjoy, your ignorance isn't worth the time of day.
P.S. Real men ride 1000's not 600's ;-) have a great day ;-)
Excellent; I've been making comparisons of the enormous increase of the U.S. money supply to what the Weimar Republic did after WWI, (trying to pay the reparations demanded by Britain and France) and what happened to Germany as a result.
where just seeing the result of generations of punitiveness out of man kind. Dog eat dog. Big Money $2,000,000,000,000 + $8,000,000,000 + $510,000,000,000 = 3rd. world order. cattle Scott (BUG)
This list could go on forever, the INFO is out there on items you need, look it up!!!! And screw anyone who says you are crazy. Better to have and not need, than to need and not have.
@kelgregler Fuck you middle-class unemployed cunt. You can't even afford half an ounce of gold yet you're giving us tips on how to conquer hyperinflation? Those who will survive are the ones who have physical assets, not fiat currency. Fuck off you kindergarten cocksucker.
@dmix09 Sorry about that dude. First thing's first, close your bank account, keep your wealth in paper money, and then use the money to buy things that store value (gold, food, petrol, vehicles, etc.)
@dmix09 Is $7 a lot of money? I mean, I can't really tell what's cheap there in the USA, because of the exchange rate. Here in South Africa a kilogram of Gouda cheese is about R50. That's about R4.99 per 100g. If somebody earns minimum wages of R1000 per month, the cheese is "affordable". But if somebody earns $1000 per month in the USA, surely the cheese must be cheaper there, right?
1000 lol unless your a bum i can find 1000 from picking up coins from a steet. unless you live in the the streets noone makes that little i now in south africa you guys dont need much money becouse its cheap to live there.get your facts straight a nigga from the ghetto can atleast make 10000 us a month if he works.
well it works like this: if you owe $100,000 now (say on a house, student loan, etc...)if there is hyperinflation then $100,000 is not nearly as valuable.....when it is less valuable, it is much easier to pay off.....im not talking about barrowing money from a bank...im talking about how the cost of everything goes way up, incuding salaries...but your debt is not going up...if you have a mortgage at 6% and the inflation rate is 30% you are in great shape - its bad if you have $ in the bank
This doesn't mean America is bound to be heading into hyperinflation, but there is a certain danger.
There is in fact a deflation starting in parts of the EU. But the countries belonging to the EU threw ridiculous amounts of money at the banks as well. It's not just spending money now, it was the carefree loaning both on a macroeconomic (international trade [debt]) and on a microeconomic scale (piggybacking, credit frenzies) who caused both the crisis and the devaluation of the dollar.
The drop in the exchange rates the Rep used is partly caused by the fact that America is in debt with the whole world.
I don't mean individual people, but the whole US economy. If you import but don't export as much, you are building up foreign debt.
If you keep printing money, these debts lose value, but so does the domestic money supply.
Germany did that after WW1: The absurd reparation demands in the Versailles treaty "forced" the gov't to inflate the money supply, leading to hyperinflation.
inflation = devalue of money...thus...student loan debt? credit card debt? high mortgage?...Inflation is great for you....if you have $300,000 sitting in the bank its bad for you....so for many people in debt itnflation is fantastic!
Inflation is great for the havenots... Yeah, but how will you pay your food, gas and power bills? If you barely had X credits to fill up your car, what makes you think you will have 1'000'000*X to do so in a year from now?
If you had to finance your daily expenses with borrowed money before, you won't be able to borrow money from any bank IN the inflation (if it's hyperinflation, that is).
They did try to stop prices from raising, it's called price controls. Every time it has been done it did not work as people only saw shortages and black markets.
I know not everyone believes this so I feel sorry for you.
Euro is fiat also. I assume gold and silver/storeable food are the way to go. The definition of currency is paper receipt for a commodity in reserve. We don't have currency in U.S. , we have bills of credit :(
A good thing that I see is more people are aware of the Federal reserve thanx to vids like zeitgeist AJones gwgirrith.. I'll be making a vid on the federal reserve soon .. Bernanke's recent ild threat in the senate hearing bears more focus that people really need to see
Stop the Jewish World Order
redcorona14 10 months ago
this is the true global warming, this is what is most terrifying for the world and america
tacticalmastermind 10 months ago
Printing of Money is a double edge sword. The Money buys less and you get in a higher tax bracket. To maintain the same income level, you need to get a raise. That puts you into a higher income bracket and you will pay a greater percentage of your income into taxes. In effect the high income Tax brackets are pushed down.
captkirkconnell 11 months ago
I really wanted to watch this video,but the music is ten times louder than the spoken words. Any way you could eliminate the music?
bctruck 1 year ago
@bctruck I was using a screwy converter at the time and it split the channels . I think you're listening to it thru 1 channel you need left and right speakers. This vid was made in late 2008 . A l ot of vids I made after converting the audio tracks were way too loud. I cant fix it because it's a lost cause old video. yu need left and right speakers playing. I was using "any video converter" at the time.
hijackednation 1 year ago
Can somebody tell the background music name?
BZentinela 1 year ago
@BZentinela This stuff is like looped compositions from many different composers that I got off of sound recorder with no names attached. I do use alot of remixed atrium carceri yen pox.. try some of those names
hijackednation 1 year ago
Hyper Inflation:
From Thin Air>More Dollars Are Printed>More Inflation + more debt= Prices soar, dollar is devalued. It is obvious that Ben Bernanke relies on his own guilt and lies. Audit the Fed, now or never. Stubborn and corrupt leaders will always stick to their own ignorance rather than supporting the well being of human kind.
Be prepared for the unexpected.
This will be way worse than the Great Depression of 1930s, on a global scale.
Gonji 1 year ago
Food prices soaring...welcome to Zimbabwe.
Gonji 1 year ago
What's with the stupid background sounds? why would you sound it so loud that you cannot hear the video? Thanks! ;(
rezek71 1 year ago
@rezek71 lemme guess you got 1 right or left speaker right? Anyway, this is a older vid and when I was using vista I found major issues screwed up audio on moviemaker. You can hear what he says if you have both channels (LR) for this vid.
hijackednation 1 year ago
your gold and silver won;t mean anything,,,,you will have to give one of your gold bars for a loaf of bread
Antoniowish 1 year ago
@Antoniowish Keynesian economics gone horribly wrong!
DirectCore 1 year ago
@Antoniowish Hahaha! Exactly, these people think they must buy gold and silver but it won't really make much of a difference. And where the fuck are they going to get the money to buy gold? They can barely afford to pay the fuckin' rent! And by the time hyperinflation occurs in America, the price of bread will be 2000ounces of gold, whereas most people will only have a few ounces. Might as well put that gold up your ass, because it will be just as worthless as paper money. You cannot eat gold.
DirectCore 1 year ago
@Antoniowish
1) Firstly: Where the fuck are people supposed to get money to buy gold? Did you not perhaps notice the fact that almost every citizen of an urban city has to go work to earn fiat money, and this money is used to pay expenses and purchase necessities required for survival? So by the time hyperinflation strikes you, the gold will be no more worthless than the fiat currency. And honestly, how many people can afford gold?
DirectCore 1 year ago
hahaha more gold than south africans can afford you poor shit
twistedwest1 1 year ago
@twistedwest1 Hahaha, typical middle-class cunt. My father's Ducati costed more than your house, check my videos - you mightlearn something, it's called "capitalism", you fuckin' unemployed college dropout. Fuck off back to elementary school, perhaps then you might get a stable job in a country which is about to go through hyperinflation.
DirectCore 1 year ago
@twistedwest1 For your information South Africa is the leading exporter of diamonds, gold, coal and copper. Get your facts straight you retarded cocksucking shemale.
DirectCore 1 year ago
@twistedwest1 Did your mother's shaved vagina perhaps inspire today? Or was it the cumshot you left behind in your father's ass? :-)
DirectCore 1 year ago
@twistedwest1 Haha, you call me poor yet you have never even seen my life? Haha, what a deluded negro. My bike costed more than your house, bitch.
DirectCore 1 year ago
@Antoniowish
2) Secondly: Who can afford to buy gold? Maybe 10% of the population? The rest have to use their income to buy food and pay expenses. The money leftover won't even get a gram of gold, far less than the one in your mother's wedding ring. Even if people purchase a stockpile of gold bars, it would have to be exchanged back into money again, or you'd have to exchange it directly for whatever you want to buy.
DirectCore 1 year ago
@Antoniowish
3) Thirdly: And let's suppose your gold bars are considered so valuable that you msut give all of them just to purchase one cheap item. Would you be willing to trade in all your gold bars just for one loaf of bread? I guess the survival instinct will make the decision on your behalf. No shop will accept gold as a valid payment for a loaf of bread - you'd have to go to the blackmarket for that kind of barter transaction.
DirectCore 1 year ago
you are such a idoit
twistedwest1 1 year ago
@twistedwest1 Hahaha, you call me an "idiot" and yet you can't even spell the word properly? Wow, you're yet another self-proclaimed working-class faggot who is struggling to pay the rent, so now he's taking out his frustrations on YouTube.
DirectCore 1 year ago
@twistedwest1 No, go ask your mother to suck your dick, because that's the usual part-time work she does - other than being a prostitute and sweeping the floor at the local grocery shop.I feel sorry for abortion-survivors like you, but at least I live a happy life riding my 09 GSX-R600, something you will never touch in your pathetic lifetime. Maybe your parents can save up their minimum wages to buy you one. ;-)
DirectCore 1 year ago
@twistedwest1 Your mother's an "idoit". Haha.
DirectCore 1 year ago
This has been flagged as spam show
you are such a moron
twistedwest1 1 year ago
hahahahahaahahaha i dont really care since i have stacks of silver bars and coins and i have a gold coins aswell
twistedwest1 1 year ago
@twistedwest1 Hahahaha! Fuck you retarded midget. So you got 100 gold coins and the price of a loaf of bread will be 2000 gold coins. Inflation will still get you in the end.
DirectCore 1 year ago
@twistedwest1 Hahaha, you mean you got $10 worth of gold-plated microscopic coins? Hahaha, typical middle-class milf. Fuck you broke ignorant negro. I don't have a bank account. I keep my money as physical cash in my safe. I'm currently spending my money on aluminium bars, gold bars, laptops, cellphones, petrol, and cheap brand-new scooters, and then keeping them just in case inflation occurs here in South Africa. And I already have an 09 GSX-R600, which costed more than your house.
DirectCore 1 year ago
what the hell are you talking about??? lol get a life you randomy commented on me saying shit i dont even know about.lol what a idoit and you called me poor lol kid grow up what indicated i was poor what a joke hahahahahaha you poot ass south african. calling me a nigger was very ignorant.theres nothing that sais im black and even if i was you need to grow up wow i never knew south africans were really that racist.you also told me information about you life which i do not wish to know get a life
twistedwest1 1 year ago
@twistedwest1 Hahaha, get a fuckin' vocabulary you 8th Grade midget. I guess it's a typical symptom of college dropouts, hence they are able to call me an "idoit". Your grammar skills really fascinate me. No wonder your mother works as a security guard at McDonald's. I suppose milfs like her have no better way of paying off your school fees. I suspect you're one of those crack-induced kids who gets high with his abusive parents. I ride my dad's Ducati 1098, unlike you.
DirectCore 1 year ago
@twistedwest1 I already do have a life. It's called "being a university student". Unfortunately, for you, you're the product of a broken home shooting up amphetamines with your parents. And hell I see you even took the time to reply to something for which you have no knowledge of the subject at hand. I was talking about this video and hyperinflation, dumb cock. Oh by the way, you're ugly like the back of my nuts.
DirectCore 1 year ago
@twistedwest1 You asked me what the hell I'm talking about. It pertains to the statement you made, claiming to own stacks of silver bars and gold coins. And then I said "So you got 100 gold coins and the price of a loaf of bread will be 2000 gold coins!" I was REPLYING to your comment!
DirectCore 1 year ago
2000 gold for a loaf of bread wow south africans are retarted. there will always be food and ppl will grow it. 2000 for a loaf of bread are you a idiot that will never happen you need to look at past economic collapses gold had always retained its value and there will always be ppl willing to buy like ppl in other countries or ppl who have supplies and have food so they are willing to sell there supplies for gold. look at history
twistedwest1 1 year ago
@twistedwest1 Excuse me Sir! Please don't call me retarded, because I could say the same about you! Hyperinflation means the overall RISE IN THE LEVEL OF PRICES OF GOODS/SERVICES, typically 50 times more than normal inflation. When the prices increase, each unit of account buys less items (a loss of value). Whether the unit of account (currency) is gold, silver, cattle, chicken, cocaine, it doesn't matter! Their value will decrease too. Gresham's law, my friend!
DirectCore 1 year ago
@twistedwest1 Hello again, Sir! Firstly, "retarded" is not spelt "retarted". Secondly, suppose we live in some post-industrialized world, after severe hyperinflation, effectively plunging us back into the Stone Age again. You got 1000-ounces of gold in your broken home. I am the only supplier of bread. You want to buy bread from me? First thing I'll say is, "Hello. Give me 1000-ounces of gold. Thank you. Fuck you." It leads to a barter economy - people charging higher prices to take advantage!
DirectCore 1 year ago
@twistedwest1 Sir, I understand your point. But it poses a few flaws. Yes, I've looked at history. If you walk down memory lane you'll see a world before the wheel was invented. A world where the only forms of money were commodity money which kept their value (gold, silver, pepper, salt, precious metals, etc). During this time the gold standard ruled - inflation/hyperinflation was virtually impossible. So, do you want to re-live history again? And end up in barter transactions?
DirectCore 1 year ago
@twistedwest1 Sir, it's me, the Psycho again. The total amount of gold that has ever been mined has been estimated at around 142 000 metric tons. Assuming a gold price of US$1,000 per ounce, or $32,500 per kilogram, the total value of all the gold ever mined would be around $4.5 trillion. This is less than the value of circulating money in the U.S. alone, where more than $8.3 trillion is in circulation. Why? Because the world economy has grown so rapidly. We're in a lose-lose situation.
DirectCore 1 year ago
@twistedwest1 Oh, a return to the gold standard, and end to fractional reserve banking, would result in a significant increase in the current value of gold, which may limit its use in current applications. Example, instead of $1,000 per ounce, the ratio can be defined as $2,000 per ounce effectively raising the value of gold to $9 trillion.
DirectCore 1 year ago
@twistedwest1 To shock you ever further, a gold standard leads to deflation whenever an economy using the gold standard grows faster than the gold supply. When an economy grows faster than its money supply, the same money must be used to execute a larger volume of transactions. The only ways of achieving this are for the money to circulate faster or to lower the cost of the transactions. If deflation drives costs down, the real value of each unit of money goes up. Deflation+inflation=no solution
DirectCore 1 year ago
I'm Ben Bernanke, Spencer, and I need your teeth for the Federal Reserve.
flamegod7 2 years ago
The "asswipe" picture here can still purchase you some bread and butter. (As long as people are told that it's "legal tender")
Nguli34689 2 years ago
The cost of the groceries I buy each month has doubled in the last couple years even though I'm buying basically the same things.
mrsevans1000 2 years ago 4
@mrsevans1000 The cost of groceries has doubled each month? It's because you've got a low-paying job sweeping the floor at McDonal's. It's called "minimum wage", faggot. Obviously food is expensive for you. I got wealthy parents already, I live in a nice house in Plattekloof, an affluent suburb in Cape Town. I got an 09 GSX-R600 and I get pocket money each month - don't need a job, everything in South Africa is cheap and people get paid a lot. Prepare for hyperinflation in your corrupted nation.
DirectCore 1 year ago
@mrsevans1000 Fuck you unemployed bitch.
DirectCore 1 year ago
paper , any paper is NOT MONEY, its CURRENCY< the only real MONEY is GOLD AND SILVER!!!!!!!
beswick1111 2 years ago 4
Yeah! You type in capital letters on the youtube comments. That'll show them!
JurkoffJay 2 years ago
get an education before possting
dreamthinker79 2 years ago
"money" is just a medium of exchange. either dollar, or gold
dreamthinker79 2 years ago
@dreamthinker79 Exactly. Gold and silver are just about the same as paper money. Think of them as "rare" paper money. Gold is no different to having a piece of paper that says "GOLD" on it. Even if you have 5000 tons of gold, do you think your local grocery store will accept that shit for a loaf of bread? And when you want to buy fuel, how the fuck are you going to transport gold? Even during hyperinflation, the price of gold gets worthless - nobody wants it, because they can't eat it. fuck u;-)
DirectCore 1 year ago
@beswick1111 i find it very ironic that you say the only real money is gold and silver, yet you don't even have the "money" to buy gold or silver. And, honestly, does your local shop accept gold/silver as legal tender when you're buying food? Didn't think so. Gold, silver and a handful of people will survive in a world destroyed by hyperinflation and a nuclear holocaust. Hyperinflation is like the "reboot" button of the world economy - makes way for a new currency.
DirectCore 1 year ago
the world will try to sell their dollars back, and the usa wont be abled to give back any worth... the dollar will drown. but this time, the world will understand, what happens and the oil standard wont be worth any dollar anymore. the dollar is already dead.
sunriseger 2 years ago
your saving are worthless but also your debts become worthless, so if u have a mortgage, and u owe $100,000 on it and next week u owe $1,000,000 on it, than u can tell the banks to eat shit right?
its not like they will come after u right?
beswick1111 2 years ago
ja,ja,ja..thats funny...
but remember...the bank ownwers,the rich and powerfull have something you and i don't have....and that is a government to watch their backs and protect them from the evil terrorists(thats us and every middle class americans) and they will get their $1.000.000 plus tax from our ass.remember those bankers have something call "the fine print" at the end of every single document you and i sign,in other words they will come after you,me and all the criminals(poor people).
breedofthe45 2 years ago
yea yeah, I have video I'm working on maybe not the next vid about why I think why this runaway spending is deliberate .. It's boring topic many boring hours of video research stay tuned.
hijackednation 2 years ago
dude,your work is great and not boring.
keep the great work dude!
can't wait to see the next one!
breedofthe45 2 years ago
@breedofthe45 Fuck you middle-class hermaphrodite.
DirectCore 1 year ago
@breedofthe45 Lmfao. These humans never cease to amaze me. When I become the Federal Reserve chairman. I will print more money to fuck up the economy, so that me and my homies can sit on the porch drinking 40s all day just to jizz on a hoe or two, while the middle-class die from starvation because they're eating worthless paper money around my chrome Escalade. Take note that the suicide rate has skyrocketed at the same rate as inflation.
DirectCore 1 year ago
@breedofthe45 Fuck you. It's because of ignorant working-class milfs like you who take out loans and use credit cards - and at the end you struggle to pay your debt and all the money is used up for expenses. It's the people who went to university and eventually get professional careers which earns them a decent income to sustain life and buy luxuries. You, however, don't have this. So you're not a millionaire, and never will be - deal with it.
DirectCore 1 year ago
@DirectCore ...who said im broke?...oohh i see, you are one of those students who ask for a student loan, and now you gonna spend the rest of your life paying it, so you need to realese some steam,....feel better asshole?...or do you need me to loan you a few dollars so you can learn to be a liberal communist bastard at campus?
breedofthe45 1 year ago
@breedofthe45 Nope. My parents pay for my university fees. Try another way to make yourself appear like an ignorant cock-smoker. Oh, and my dad's 09 Ducati 1098 costed more than your house, bitch. Surely that means I don't need to be taking loans to pay university fees (that's like spare change to my parents). I study civil engineering, unlike you. Maybe you should ask your father to loan you his huge dick up your ass, maybe that way you can learn how to appreciate internal cumbustion.
DirectCore 1 year ago
@DirectCore oooh no wonder.....another mama's boy...go to bed kid, and turn the light off, your parents work hard for that money, maybe one day you will know whats that like. We get it ok! Richie Rich..your parents have money..wow!!!...you got unicorns and your own Burger King in your living room, a Pony in your own personal bathroom and a lot of toys...we hear ya!...relax, one day you should see hairs growing in wierd parts of your body and soon you will grow up to be a complete asshole.
breedofthe45 1 year ago
their not even printing it anymore, its all numbers on a screen,lol
buy gold and silver folks or youll be sorry
beswick1111 2 years ago
by food too !
stonerj0e 2 years ago
@beswick1111 You say we must buy gold and silver? Can you please explain who the fuck is stupid enough to sell gold or silver to your sorry ass? Since the people who already own the gold won't want to sell it, because they're keeping it as protection for the bumpy ride of inflation. Naturally, people do not want to sell gold, no more than you would if you owned some already. Unfortunately, you don't have gold. You'll be among the first to die of starvation. You are a joke on two legs.
DirectCore 1 year ago
@beswick1111 And I noticed a disturbing fact about you: u want to buy gold; exactly how do you propose to pull off this stunt? Hmm, let's see - you want to walk into a building and buy gold using your paper money? Oh fuck. Then you discover a Cuban dude with a cigar already pre-packed the idea that gold is essentially "priceless" in this situation, and he refuses to accept your worthless pile of Benjamins. Kid, all I can say is: buy a Bible, drink cyanide, and have a safe trip to the afterlife.
DirectCore 1 year ago
See, us Hoosiers know what were talking about.
AlexJordan09 2 years ago
you idiots
skollenb 2 years ago
you idiots i hate hyberinflation
skollenb 2 years ago
sept. 25 the audit the fed vote goes down
deletethefed 2 years ago
In our faith-based economy, the value of the dollar is not tied to any real, solid thing. The dollar is fiat money, supported by nothing more than the faith that those that accept it in payment have in it, the belief that they can, in turn, exchange it for the good and services that they want to purchase.The problem looming on the American horizon is that those holding a huge portion of dollars, including nations like China, are beginning to lose faith and are starting to convert their dollars.
cbr6864 2 years ago 3
@cbr6864 Hello CBR, are you that faggot who walks into a grocery store and buys the only meal you'll ever have for the day, and then you pay it with a $20 bill because you "believe" that the piece of paper can get the goods/services according to the face value? Money is the Mark of the Beast. You're confusing "faith" with "monetary policy". If I wrote $50 on a piece of paper, would you believe it's real money? The government is controlling you with money, that's why you work to earn it.
DirectCore 1 year ago
@DirectCore oh look at that another asshole on you tube what a shock
cbr6864 1 year ago
If the masses only knew what money (debt) really was. If they only knew that they operate in debt based monetary system where you can never pay a debt because there is no real money, only debt notes. Therefore you can only offset one debt with another; basically passing the debt to someone else. It's a loose-loose situation for the people and win-win for the banksters.
vme02 2 years ago
@vme02 Clap, clap, clap. Ben Bernanke read this forum and laughed to see the ignorant comment you bestowed. Basically, you're an oxymoron on two legs. You say that debt is a loose-loose situation for civilians, but a win-win situation for the bank. Er, last time I checked it was the Fed that was making money out of money. You're the idiot who CHOOSES to keep money. If you don't like money, then why do u bother keeping money in the first place? Another ignorant sheep suffers for his own actions.
DirectCore 1 year ago
@DirectCore I guess ignorance really is bliss, talk to me when you have educated yourself on money. Judging from the exorbitant number of comments you've left on this post; you are nothing more than an ignorant fool trying to get attention. Maybe you should move out of mommy's basement, but then again, that is the best place for a troll. Enjoy, your ignorance isn't worth the time of day.
P.S. Real men ride 1000's not 600's ;-) have a great day ;-)
vme02 1 year ago
Excellent; I've been making comparisons of the enormous increase of the U.S. money supply to what the Weimar Republic did after WWI, (trying to pay the reparations demanded by Britain and France) and what happened to Germany as a result.
1ProfessorXavier 2 years ago 3
where just seeing the result of generations of punitiveness out of man kind. Dog eat dog. Big Money $2,000,000,000,000 + $8,000,000,000 + $510,000,000,000 = 3rd. world order. cattle Scott (BUG)
believersunderground 2 years ago
Buy non-perishable food now.
Buy a Food Dehydrator and a vacuum sealer
Buy water filtration devices and tablets
Buy a cold weather sleeping bag
Buy a four season tent
This list could go on forever, the INFO is out there on items you need, look it up!!!! And screw anyone who says you are crazy. Better to have and not need, than to need and not have.
kelgregler 2 years ago 13
@kelgregler As a general rule of thumb:
1. the "stuff" that money can buy is what will protect you against inflation.
2. but money will not protect you.
DirectCore 1 year ago
Comment removed
DirectCore 1 year ago
@kelgregler Fuck you middle-class unemployed cunt. You can't even afford half an ounce of gold yet you're giving us tips on how to conquer hyperinflation? Those who will survive are the ones who have physical assets, not fiat currency. Fuck off you kindergarten cocksucker.
DirectCore 1 year ago
i'll probably have to live off of canned beans everyday if i dorm! =(
why did this have to happen now!!? just as soon as i have to worry about paying college expenses! someone help me, i think i'm gonna cry!
dmix09 2 years ago
@dmix09 Sorry about that dude. First thing's first, close your bank account, keep your wealth in paper money, and then use the money to buy things that store value (gold, food, petrol, vehicles, etc.)
DirectCore 1 year ago
I can barely afford cheese anymore!!
$7-$8 for 8oz of Mozerella!!!
I can't make pizza and Lasagna anymore! = (
dmix09 2 years ago
wow where are you buying cheese? at sams club you can get 5 lbs for under ten dollars and that last quite a while
deletethefed 2 years ago
lol yea i know i have a membership. sams club is really really far from me though, so i'll have to stock up next time i go lol =)
dmix09 2 years ago
@dmix09 Is $7 a lot of money? I mean, I can't really tell what's cheap there in the USA, because of the exchange rate. Here in South Africa a kilogram of Gouda cheese is about R50. That's about R4.99 per 100g. If somebody earns minimum wages of R1000 per month, the cheese is "affordable". But if somebody earns $1000 per month in the USA, surely the cheese must be cheaper there, right?
DirectCore 1 year ago
1000 lol unless your a bum i can find 1000 from picking up coins from a steet. unless you live in the the streets noone makes that little i now in south africa you guys dont need much money becouse its cheap to live there.get your facts straight a nigga from the ghetto can atleast make 10000 us a month if he works.
twistedwest1 1 year ago
This all happened because Nixon took us off the gold standard. Every single fiat currency in history has collapsed. It is a fact.
IT WILL HAPPEN. There is absolutely nothing we can do to change it now.
PatriotReport 2 years ago 2
Wait a minute; we went off the gold standard in 1924! The gov't bought up the gold at $24 an ounce.
In 1965, LBJ took ud off the silver standard(remember silver certificates?)
Our currency at the time being guaranteed by silver reserves...
The advent of "Federal Reserve Notes" enabled the gov''t to print money as they saw fit, though there was nothing backing them up.
1ProfessorXavier 2 years ago
nixon only undid what kennedy signed executive order 11110. printing silver certificatesprior to that all bills were fiat.
deletemepleez 2 years ago
the Federal Reserve Will Alway's be Rich!!!!
triumphelf 2 years ago
The US is broke, argue all you want, its broke
managarm1349 2 years ago 3
well it works like this: if you owe $100,000 now (say on a house, student loan, etc...)if there is hyperinflation then $100,000 is not nearly as valuable.....when it is less valuable, it is much easier to pay off.....im not talking about barrowing money from a bank...im talking about how the cost of everything goes way up, incuding salaries...but your debt is not going up...if you have a mortgage at 6% and the inflation rate is 30% you are in great shape - its bad if you have $ in the bank
planrpoe 2 years ago
This doesn't mean America is bound to be heading into hyperinflation, but there is a certain danger.
There is in fact a deflation starting in parts of the EU. But the countries belonging to the EU threw ridiculous amounts of money at the banks as well. It's not just spending money now, it was the carefree loaning both on a macroeconomic (international trade [debt]) and on a microeconomic scale (piggybacking, credit frenzies) who caused both the crisis and the devaluation of the dollar.
Nadeldrucker 2 years ago
The drop in the exchange rates the Rep used is partly caused by the fact that America is in debt with the whole world.
I don't mean individual people, but the whole US economy. If you import but don't export as much, you are building up foreign debt.
If you keep printing money, these debts lose value, but so does the domestic money supply.
Germany did that after WW1: The absurd reparation demands in the Versailles treaty "forced" the gov't to inflate the money supply, leading to hyperinflation.
Nadeldrucker 2 years ago
inflation = devalue of money...thus...student loan debt? credit card debt? high mortgage?...Inflation is great for you....if you have $300,000 sitting in the bank its bad for you....so for many people in debt itnflation is fantastic!
planrpoe 2 years ago
Inflation is great for the havenots... Yeah, but how will you pay your food, gas and power bills? If you barely had X credits to fill up your car, what makes you think you will have 1'000'000*X to do so in a year from now?
If you had to finance your daily expenses with borrowed money before, you won't be able to borrow money from any bank IN the inflation (if it's hyperinflation, that is).
Nadeldrucker 2 years ago 4
you idiots for hyperinflation
skollenb 2 years ago
Either do not print extra money or print and and do not raise prices.
Next.
Anothercoilgun 2 years ago
No government has ever stopped printing money.
They did try to stop prices from raising, it's called price controls. Every time it has been done it did not work as people only saw shortages and black markets.
I know not everyone believes this so I feel sorry for you.
davincij15 2 years ago 3
They will print extra money en prices wil raise.
Change your dollars for euro's, gold or whatever that keeps his value before its to late.
assignatus 2 years ago
Euro is fiat also. I assume gold and silver/storeable food are the way to go. The definition of currency is paper receipt for a commodity in reserve. We don't have currency in U.S. , we have bills of credit :(
Theywontchipme 2 years ago
A good thing that I see is more people are aware of the Federal reserve thanx to vids like zeitgeist AJones gwgirrith.. I'll be making a vid on the federal reserve soon .. Bernanke's recent ild threat in the senate hearing bears more focus that people really need to see
hijackednation 2 years ago
@Theywontchipme Fiat is the car my mother drives.
DirectCore 1 year ago