you're an idiot. we live on a finite resource planet. there will not be assets forever. there will not be growth forever. infinite growth on finite resource planet cannot continue forever.
Firstly, the dollar was not created by debt, it became a debt based currency by the removal of the gold standard, and the euro is the only true debt based currency because it requries people to continue to brough ect. like u sed. however with any luck it will collapse and we have a few hard years, then we return to normal (like all the other times we have had moneu troubles)
The central bankers connived the "concession" from the US with the First and Second Banks of the USA, for two twenty year periods (charters lasted 20 years each), Many of the presidents were smart and tough enough to fight the international bankers (Lincoln was very likely killed by them as he fought them, JFK also fought them, and met a similar fate). Andrew Jackson fought them, but was lucky that the assassin's gun misfired in the attempt.
I think you are right but the collapse will happen because its planned to happen - a long time ago no doubt - but planned it was. There is an agenda in play as there always has been, but the unknowns are simple to see - whose agenda and what is it? We'll find out soon enough and we can speculate all we like. For all we know the world economy could be circling the drain for quite a while yet.
@Ladyboyloverxxx2 as long as you don't have a shitload of Euros you should be fine, they are actually like 1 +1/25% of what a US dollar is worth, one Euro= $1.25 or something to that effect
@Ladyboyloverxxx2 Look at the rich people like Donald Trump, the Waltons, Warren Buffett, Bill Gates, etc. They are putting their money in Land, Gold and Silver.
Because nobody is making any more of those, there is a limited amount to be held, they never lose value, they always appreciate, and the rich are always the same rich, because they always had and will have those assets.
@Ladyboyloverxxx2 I would go with Russians thees days :). But honestly system like it was present in zeitgeist is the only normal solution if not soon it will start war and that is that. If we want this to continue it must be destroyed everything from time to time and restarted... And for some reasons I think global distribution economy is by far more correct than this one...
Realistically, it will have to be global in order for there to be any kind of change. Most of the world is awake, its just the stupid America keeps electing dictator after dictator.
What clearly happens in this fiat Ponzi scheme is that the eventually bust out is delayed by controlling inflation. It takes a really long time for it to completely bust out. Then the criminals start it all over again with a new currency. What to do? Become debt free and try to minimize your exposure to banks.
The government has gotten away with it via the hidden tax inflation the sheeple don't see it and the government does all this and nobody knows; the government says inflation is good and it is very little so not to worry my sheeple..the super rich have meetings every year and laugh at the sheeple.
The Eu has one currancy but not one goverment it are all goverments with a supreme co-operating goverment now that the EU hade its first crisis in this co-oerating system problems surfaced the biggest one is that we have the commen currancy but not a commen treasurary or absolute Goverment now we hade to create an artificial treassurary all the crisis did was bring the EU closer together economically and sytimatically it is just a grow pain ofcours the people are still devidid united in difranc
His voice is so gloomy, perhaps another victim of real estate bubble and gradual development of hatred toward banking and capitalism, which will indirectly turned op into communist.
I don't know...age old institutions and hundred of years of research and experiments can't be trust but suddenly your genius critiques and questioning bank practices should be consider? come on now....just admit you are wrong and try to do something right for a chance!
What he doesn't tell you is that if interest rate = inflation then the value of the loan can be found. He also doesn't take into account that economies run off of commodities as well and there value is ever increasing thus allowing a decrease in the value of the dollar and an increase in the value that is present in the economy. IE If all you own is silver than if a dollar collapse happens your debt value has now decreased. so you owe less without introducing more money.
Furthermore the idea that interest is something we do not need is proof of major ignorance regarding the economy. Interest is the price anyone must pay for obtaining wealth in a short term to pay off in longer term. This isn't a 'ponzi scheme' at all. No one in their right mind will lent out money for free. The problem isn't interest or banks or even fiat money. The problem is a lack of discipline in the government and the people voting them in office.
@TheDeadbeatHero erm not rain on your parade...but ron paul wants less regulation which is what got us in this economic turmoil. don't be fooled by republicans, theyre all the same.
@ByronMH What got us into this mess is too much economic regulation. The Federal Reserve set the artificial interest rate at zero, then the government told banks that they needed to ease on their restrictions on mortgages, which created a housing bubble. Booms and busts are created artificially.
What a load of crap! Ask scammers like this why they are willing to take your well earned money (which they tell you is evil) and give you in return yellow rocks. Could it be that they simply want to scam you out of your evil dollars. It is no coincidence that this video is accompanied by gold investment advertisements.
And the answer to your question is because they can take the dollar (paper with ink on it) and use it to buy more gold rocks to prepare for when the paper with the ink falls even lower. I have been doing so since 2008 with handsome profits I might add.
But keep living in your fog of economic ignorance, fine by me.
@Aphoresis Being religious as your channel indicates you should know better than LIE. I am sure like minded right wing teahadists would believe you but I doubt that you know what :truth: really is.
Surprise Surprise : U.S. jobless claims rise sharply to 6-week high
CNBC January 12, 2012 by sunmars
WASHINGTON, Jan 12 (Reuters) - The number of Americans applying for first-time jobless benefits rose last week, a report showed on Thursday, reversing a recent decline and suggesting the labor market remains brittle. Unemployment claims jumped to 399,000 in the first week of 2012, the highest in six weeks....
In all this game, the devil is the victim, is the scapegoat, will be acused of everything cause the GOD don’t want any rivals. Conclusion: live at the full in the freedom of GOD (praying in a right form,following the INSTRUCTIONS in the Bible - keeping the 10 commandments - including keeping the Saturday as the 7th day etc.) instead of in the incapacity and limited power of devil cause he is just a temporary puppet. Jesus Christ is our savior and our hope!
A couple of things wrong with the video: First off, banks only create about 60% of the total money, the FED creates about 40% though printing and other ways.
Second, the FED regulates how much money banks can loan. for example banks might only be able to loan out 4x of their total "Real" money.
Because of this banks try to stay as close as possible to the loan limit so they can receive as much money in interest as they can.
This is NOT true because dept can also be payed back with items. Im not saying that the currencies can't collapse but if they do its due to completely different reasons.
To see the SOLUTION one first has to qualify, identify & prove the systemic manipulation & faults within the current monetary system going right back to money creation conception its self.
To see the ONLY SOLUTION is to see MATHEMATICALLY PERFECTED ECONOMY a 43 year " PROOF " of solution that no one can deny.
Why haven't you heard about MPE?
1) It removes all banks without cost.
2) No one can disprove it.
Do your self a favor & see my MPE playslists to be truly informed & empowered folks
1) FIRST CRIME is a bank ALLEGEDLY loans us money only as if it was theirs to loan out in the beginning but its not WHY? Because the bank gives up NO CONSIDERATION of their own in any phony loan to one of us thus FALSIFYING A DEBT to themselves STEALING PRINCIPAL.
2) SECOND CRIME is charged INTEREST that TERMINALLY depletes the monetary circulation that only ever consist of some principal at most which guarantees the banks consolidation & dispossession of our property & wealth public & private.
Its the interest that TERMINALLY depletes circulation that only ever consists of some principal at most. No money or todays misrepresentation ever comes into existence until WE sign & issue our very own promissory obligations FIRST which only issues principal into circulation from the outset of one of our promissory obligations upon the sale SO not only is the interest stolen the principal is stolen also where any government has to re borrow all the stolen money back to re inflate circulation.
With respect to the interest & the math this holds some truth BUT please let me correct your assumptions .
1) Money is not created out of thin air ? its created when one of us walks into a bank & signs & issues a promissory obligation YES folks we create money on conception & the banks falsify a debt to themselves thus printing a secondary issuance thats not equal to the first issuance .
2) If we create money on its conception its NOT A PONZI SCHEME rather THEFT & A MONEY LAUNDERING RACKET.
this is part of a long term plan of problem-reaction-solution. nearly 100 years ago, they devised a system to gain control of the american people through debt, knowing eventually this system would collapse. when it does, people will freak out, they will come along with a global monetary system to settle people's fears,but granting even more control
"Why can't they just print more money to pay off the debt?"
Oh they are,and this causes inflation,remember those 20% rise in gas/electric bills this year in the UK? Well your gonna get rises in 2012 2013 2014 2015, and on your food and all other expenses.How long can you keep your head above water?
@Black99Fox I question whether the money that's being "printed" is actually being accounted for in the supply. I'm not saying that's necessarily a good thing, but the value of money is based more on perception/world events than it is on some abstract and incorrect measure of the money supply. It's like having gold backed currency where there's not enough gold to cover circulation. If no one knows that, then there's no consequent effect.
@Enigma758 When you run out of money can you just print it ? No . Because it wouldnt be worth anything. Same concept. Money has to have a tangible asset behind it to make it have value. We (the US) owes more money than we have. Or can ever pay for that matter.
@scdefion But if nobody is the wiser, how can it make a difference. Let's say that the gov't secretly and electronically erases the debt from a large bank and it's kept secret. The bank happily goes on it's merry way, no one else is aware of anything different, so I don't see a negative impact. I hear about the concept of tangible assets, but I really don't understand why it should matter if the gov't has the "power" to forgive debt and no one else knows about it.
@Enigma758 just because you don't see a negative impact shouldn't be a basis for assuming one doesn't exist. i suggest you remember that money is treated as a commodity in currency trades between countries,businesses and individuals. the quantity of units in circulation (which would include those you seek to erase) are a parameter used to determine their 'value'. how would you then determine the value of a dollar if the quantity was in question?
@IntuitiveLeap I'm not suggesting that secretive debt forgiveness is necessarily a good thing, I'm just questioning the effect of it. I keep hearing that the value of money is based on the money supply, just like the "supply and demand" principle of real goods and services. On the surface, that seems plausible and even if true, how could that ever be accurately measured? I believe the value of money is based mostly on perception and world events, not unmeasurable quantities.
@scdefion So say the Gov't prints money to pay the debt and hides the fact (note: I'm not saying this is a good thing). Who's counting all the dollars in the world and saying that the value of the dollar should decrease due to that? My point is that money is an abstract concept and is based mostly on perception/world events, not based on some count of dollars circulating that is effectively unknowable.
@Enigma758 Youre right about it being an abstract concept . But unfortunately somebody is counting . Everytime money is printed the dollar goes down. World events do steer to a degree.
@Enigma758 we can but causes inflation. the problem is that for every dollar put in the bank the bank can loan out ten dollars. nine are out thin air. They system only stay afloat when people take out loans. if no debt there is no currency.
This video is soooooo wrong. How can people actually believe this? Has anyone actually studied the facts?
First, this would mean that the assets of the FED and other central banks would increase always faster than their liabilities, which is obviously wrong.
Second, the reason for this is that the interest paid by the borrower (or the "profit" of the central banks) goes to the federal governement. This is a (small?) transfer to the government, but nothing that will crash the system!
You say that because you don't know who owns the banks. One clue: the daughter of who proposed the FED married with the only soon of Rockefeller, whose fortune was around 600 billion dollars. David Rockefeller, the only alive grandson, is now a banker. We can't know who owns the banks, because the law doesn't permit it, but what I gave you is an excellent clue.
I understand if you don't believe it, you're supposed to do that.
@areinsch wow wake up, so youre saying the 700billion for the tarp didnt end up being 23trillion? and how come ben bernake wont say where the money is going?
@79dan Of course you are right: the interest payment goes to the fed. But the question is what happens with this money. A small amount of it is used to pay for administration fees and other small items. The rest is profit, which is paid to the federal government each year. My point is that there is always enough money out to pay off all debt (theoretically) in contrast to what is claimed in the video.
@now4liberty you think when the dollar crashes the chinese will accept a world currency? and concidering they practically own america in bonds anyway they gonna cash it up soon enough
@topeak good question! Every major world economy will have to get in it or they will be left out, just like how the US dollar is the required reserve currency of the world. China’s cash in is part of what will bring our crash so they are trying to time it right. China is very smart and they are trying to be the world power and hold their economic power because that’s stronger than military power. They have to play their cards right politically and economically to build their status.
@blacktjack101 Yeah right, do you realize 'the almighty' is just another human creation, just like fiat money and debt based money? Of course you don't, you've been brainwashed.
Gold and silver are NOT always safe. 1) They are fairly easy to manipulate the supply of. That's not to say that they aren't usually good ways to protect your purchasing power, because they are. The problem come with the second part... 2) when a nation's currency begins to fail the government may confiscate the gold and silver accumulated by the public - this happened in the United States in 1933.
@Phenolisothiocyanate That's why the government has to be minimized to having it's only fundamental tasks. The Constitution restraints the government from confiscating gold/silver because the gov doesn't have the authority to do that.
@Clutch3Ball Yes, restoring the Constitution is a good solution to point #2. It won't, however, entirely prevent point #1 which refers to the manipulation of gold price/supply.
@Phenolisothiocyanate Good, so we got the soluting to point #2. The Constitution and a small gov't. Now, in order to further prevent the manipulation of the gold/silver price and supply (point #1), what would be a good solution? I'm thinking of a very limited regulated free market.
@Clutch3Ball This is actually a really tough problem. It's very difficult to prevent parties external to the United States from manipulating the gold prices since gold is very hard to track the movement of. Since there isn't any gold in Fort Knox a return to a gold standard is silly to begin with. A fiat currency is just fine as long as you can keep the politicians from screwing it up. Gold is fine as long as you can keep the bankers from screwing it up... hmm...
Ok theres something that doesnt make sense. Who are these private central banks? If this is such a grand scheme which stands mathematically proven, how come you havent filed a case against these banks at the supreme court? The more I watch this view the less sense it makes.
@saxenas1988 Its hard to track through the maze of holding companies, but most ownership points back to the Rockefeller family and the Rothschild in Europe.
The standard was set when Napoleon marched on Waterloo. Nathan Rothschild went around London saying Napoleon won. The London stock exchange crashed, and Nathan Rothschild bought up much of it for 5-10 % of normal value.
Private bankers have done business that way ever since, promoting wars and debts: buying opportunities.
@saxenas1988 "If this is such a grand scheme ... how come you havent filed a case against these banks at the supreme court?" Among the assets the banksters have purchased is *your* gov't. Watch YT "Creature from Jekyll Island" by Griffin (watch?v=lu_VqX6J93k). It'll start making sense then. And once it clicks in your head, you'll get *very* angry. Which is why we have a brand new law passed by Congress repealing Posse Comitatus. Be *very* concerned. Vote Ron Paul... if we even get the chance.
@saxenas1988 After you watch the "Creature" vid, I recommend this interview with Paul Craig Roberts... watch?v=Ie5LVcmObI8. Since his interview in 2010, Obama has formed his star chamber, FAA has cleared air space restrictions on use of UAV in the US, the Fed's are enacting global surveillance of all financial transactions, and as I said, Congress has REPEALED Posse Comitatus... It doesn't take a rocket scientist to see what the Feds are doing and it has nothing to do with terrorists.
Check out my video response. Today the Governor of the Bank of England publicly gave tthe biggest warning ever to British banks to prepare themselves for a sudden collapse of the Euro... (not a 'possible' collapse but a sudden collapse).
The Governor of BoE has never before stated that U.K banks should prepare for a 'sudden' collapse. Journalists are taking seriously Mervin King's warning, and I expect within a week all the finance world will be repeating the message- The Euro Is Collapsing.
The people in Europe didn't want the euro - listen to the people - the euro is stupid - before the euro each land would have its ups and downs, if things were slow you could go to another land were things were better. The euro and braking down of border controls in Europe stripped the people of Europe of there protection mechanism
@austpom333 I still dont understand why you are opposed to the Euro? Hasnt it made our lives much easier. I cross borders without even noticing. No more useless controls, no more exchanging currency, trade between our nations has become much easier. Perhaps having a Neuro and Seuro would make it easier to adapt monetary policies according to the northern and southern economies needs... but I disagree that the Euro is stupid. Nationalism is stupid- no need to patriotic about your own country.
@AudiROCKS There is no problem with universal currency, but for it to work the currency must have value beyond what governments say it does.Gold and silver have real value.pieces of paper or coins that the governments use to pay for more than the sum of their parts do not.As long as there is fake money then the government can print however much they want and thus reduce its value.The government cannot create wealth, it only takes it either through taxes or inflation only business creates wealth.
@TeenageCapitalist Most currencies today are based on fiat money. I dont think there is any country that still operates with the gold standard. Of course backing a currency with gold would make the value of a currency more 'legitimate' but in order for universal currency to work, I dont think you need to back the value of currency with a valuable commodity. That saying, a universal currency for the world will never work, only similar economic regions can adapt a single currency.
@TeenageCapitalist a good way of putting it: if you take a $100 federal reserve note and tear it into tiny peices, it becomes worthless. however, if you take a piece of gold and break it into tiny pieces, those pieces still have value.
@AudiROCKS because like the US federal reserve note, the Euro is printed from thin air by a central bank. as long as a central bank has the authority to issue money that is printed out of thin air, the central bank will have control of much more than just the issuing of currency. "Give me control over a nations currency, and I care not who makes its laws.”
The argument that one needs to print more money to pay existing debt is completely wrong. Why? Take one person, how can he repay any debt he has? He can produce something and sell it on the market. Does this require more money on the market? No. But perhaps some would argue otherwise. But keeping the money supply frozen in an economy will produce deflation, they might say, and that's bad. Well, suppose even that it is bad, it doesn't stop people from making money and repaying their debts.
Interest paid by the government to the Federal Reserve is annually rebated back to the government, less the cost of operations of the Federal Reserve. The interest debt forever built into the system occurs because money is only created when the banks finally make loans from the reserve created out of thin air by the Federal Reserve.
Although right now they mathematically guaranteed to collapse because if interest rates even go to 7% the government will have trillion dollar interest payments. There are other videos shoeing that. As for from the beginning, I disagree. You can make a debt based currency work. Milton Friedman said as long as you have an expansion of the money supply at a steady 3-5% per year to grow with the economy. Obviously governments are too irresponsible to be given this task and we need a gold standard
If they are - and I quote from your video - "mathematically guaranteed to collapse", can you give us the formula that will calculate the time frame of this collapse? I don't necessarily disagree, but I suggest you choose your words carefully.
I like your vids on the econ..they are spot on and well done..
feedback: enunciate and slow down alittle.. you are listing alot of good detail, very fast, and you slide your words abit making it difficult to capture (hear/understand)...tonality baby!
@scdefion are you serious? adding value to our currency's a terrible idea, then we can't print money out of thin air and fund irrational wars and costly government programs... that we actually don't have the money for
@sgthobbes2 Didnt say anything about adding value to currency. Geat rid of the paper dollar period or make it redeemable for gold or silver on demand , like it used to be . Of course you cant print money out of thin air , thats what got us where we are now. Spending more money than we have and then printing money that doesnt exsist to cover debt and interest. No more government programs and no more wars except in self defense.
@scdefion Those without the money to buy silver or gold should consider saving real copper pennies I believe pre 1984, or nickels both of which are presious metals and have industeral use, your best bet is to stock up on food, runaway inflation is coming, buy farm land if possible and by all means pay off your debts, within 5 years possibly 2 the US economy and of corse the dollar will colapse, the Euro won't make it beyond 2012, prepare!
@scdefion Good man, most people have no idea that their world is about to implode, you sound informed and perpared, just one more thing invest in home defense (Im sure you have) you'll need it.
I agree gold can be valuable, the same way ammo and food can be, but it is not "real" money, there is no "real" money, money is a fabrication. Imo the gold=real money is a red herring that distracts people away from core understandings;
Who creates and what its initially used for it important
Fractional Res racket can exist with gold thats how the racket began in the first place
Production and access to it matters, its pointless to have gold as standard is you live as a neofeudal serf or in GD
@scdefion understand what you are saying but in my circle drugs arent really a commodity or currency. Maybe anti-biotic , antiseptics or the like but illict drugs , no .
@minero1986 I dont have to try eating it. I have multiple years of food stored and a very thriving garden thank you. Plus I have my own water supply too.
I think Stefan Molyneaux said it best in reference to social security, "... is an insult to Ponzi schemes, because Ponzi schemes are at least voluntary!."
@737124 because people in the gold business know that people will sell off their gold in exchange for Federal Reserve Notes. they know that gold has actual value and federal reserve notes do not.
this system based on usury was introduced in the old testament and the newly created moneychangers were told by their Amon-Re high priesthood masters (program developers) to make a DEBT JUBILEE for their sheeple every 50 years (Book of Leviticus) because they knew very well that their birth child ponzi scheme needs to be reset in order for the sustainability of their pyramid of power based on a structure of "conceptual -->ideological --> legislative-->executive-->judicial power branches".
The bailouts are the greatest theft in the history of mankind! Giving the banks the money that they never had! This cheap money that they create never existed and now we have to pay the bill for it, because they couldn't take a profit. It's almost unbelievable. MANKIND, UPRISE!
good video. but i wouldn't say mathematically guaranteed to collapse. if banks borrowing from the central bank were completely independent from each other, and defaulted with a certain frequency, then it could exist forever without collapsing, but just with a guaranteed rate of bankruptcy. it's the money system plus the mutual dependency of reserve banks together that guarantee the collapse.
And now let´s start with solutions: Study Silvio Gesell (Wörgl example), study complementary regional currency that works without an interest-of-interest-money-system, study Margrit Kennedy, build up your region! Stop buying from supermarkets, buy from farmers and things pruduced in the region. Encourage regional independancy. See that your region produces their own shoes and clothes again ... then we have already won and hungered them out. We don´t need them.
We have to establish a barter system that is as big, or bigger than Ebay with a specific method of operations and guidelines, etc. One that has not even been invented yet. 25 years ago I called the idea "Inter-Flea" An internal Flea market entirely based on trade and barter of goods and services or what could be offered that was needed or desired. Feel free to steal this idea and run with it. Take the name too. I am not smart enough OR young enough to make it happen. We have Power in Numbers!!~
We have a lot of problems, some of them are about the functions of the central banks, but this is not one of them. We have interest payments because the money (capital and other inputs of production) earn a positive return. Money has a real time value. If there was a ponzi scheme as such, then central banks (or the corporate elite) would always push for higher interest rates. In reality there is not such a pattern.
Don't listen to this crap! As long there are assets and new produced assets the FED can continue to create paper money!
kimwang007 1 day ago
@kimwang007
you're an idiot. we live on a finite resource planet. there will not be assets forever. there will not be growth forever. infinite growth on finite resource planet cannot continue forever.
idiot.
seanincali1 1 day ago
Firstly, the dollar was not created by debt, it became a debt based currency by the removal of the gold standard, and the euro is the only true debt based currency because it requries people to continue to brough ect. like u sed. however with any luck it will collapse and we have a few hard years, then we return to normal (like all the other times we have had moneu troubles)
Phyiogambit 1 day ago
The central bankers connived the "concession" from the US with the First and Second Banks of the USA, for two twenty year periods (charters lasted 20 years each), Many of the presidents were smart and tough enough to fight the international bankers (Lincoln was very likely killed by them as he fought them, JFK also fought them, and met a similar fate). Andrew Jackson fought them, but was lucky that the assassin's gun misfired in the attempt.
Obama is coin operated, fully an owned puppet.
rmondave 1 week ago
Do you miss the home you were building?
32937isready 2 weeks ago
I think you are right but the collapse will happen because its planned to happen - a long time ago no doubt - but planned it was. There is an agenda in play as there always has been, but the unknowns are simple to see - whose agenda and what is it? We'll find out soon enough and we can speculate all we like. For all we know the world economy could be circling the drain for quite a while yet.
jeffbro2 2 weeks ago
Since 1932 for the USD.
ListWritingMachine 2 weeks ago
Comment removed
777Gagarin 3 weeks ago
When this happens, It will lead to ACTA and then finally NDAA.
3lademast3r 3 weeks ago
Yea we are all screwed.
Growapair4once 3 weeks ago
I'm holding on to some Euro,should I sell it or keep it in the hopes that it will go up?...does anyone know?
Ladyboyloverxxx2 3 weeks ago
@Ladyboyloverxxx2 as long as you don't have a shitload of Euros you should be fine, they are actually like 1 +1/25% of what a US dollar is worth, one Euro= $1.25 or something to that effect
SyrinxPriestOf 3 weeks ago
@Ladyboyloverxxx2 Look at the rich people like Donald Trump, the Waltons, Warren Buffett, Bill Gates, etc. They are putting their money in Land, Gold and Silver.
Because nobody is making any more of those, there is a limited amount to be held, they never lose value, they always appreciate, and the rich are always the same rich, because they always had and will have those assets.
Ramiromasters 3 weeks ago
@Ladyboyloverxxx2 I would go with Russians thees days :). But honestly system like it was present in zeitgeist is the only normal solution if not soon it will start war and that is that. If we want this to continue it must be destroyed everything from time to time and restarted... And for some reasons I think global distribution economy is by far more correct than this one...
tramvaj12 2 days ago
Realistically, it will have to be global in order for there to be any kind of change. Most of the world is awake, its just the stupid America keeps electing dictator after dictator.
CntthnkO15 3 weeks ago
@Xxkitty0o /watch?v=EIVgSuuUTwQ
marauder15 3 weeks ago
@Xxkitty0o it is from an anime series The Ghost in shell, the music is
/watch?v=EIVgSuuUTwQ
Have fun
marauder15 3 weeks ago
What clearly happens in this fiat Ponzi scheme is that the eventually bust out is delayed by controlling inflation. It takes a really long time for it to completely bust out. Then the criminals start it all over again with a new currency. What to do? Become debt free and try to minimize your exposure to banks.
BourneAccident 1 month ago
The government has gotten away with it via the hidden tax inflation the sheeple don't see it and the government does all this and nobody knows; the government says inflation is good and it is very little so not to worry my sheeple..the super rich have meetings every year and laugh at the sheeple.
JohnnyBGood11 1 month ago
The Eu has one currancy but not one goverment it are all goverments with a supreme co-operating goverment now that the EU hade its first crisis in this co-oerating system problems surfaced the biggest one is that we have the commen currancy but not a commen treasurary or absolute Goverment now we hade to create an artificial treassurary all the crisis did was bring the EU closer together economically and sytimatically it is just a grow pain ofcours the people are still devidid united in difranc
MrTimothytim 1 month ago
Long live the POUND STERLING <3
DaleWF10 1 month ago
video of the century!
saeedj79 1 month ago
I like how you can talk about these things without taking a clear side; we need more people who can do this. You guys are a dying breed.
GallowsComedian 1 month ago
His voice is so gloomy, perhaps another victim of real estate bubble and gradual development of hatred toward banking and capitalism, which will indirectly turned op into communist.
UnitedPebbles 1 month ago
I don't know...age old institutions and hundred of years of research and experiments can't be trust but suddenly your genius critiques and questioning bank practices should be consider? come on now....just admit you are wrong and try to do something right for a chance!
UnitedPebbles 1 month ago
This has been flagged as spam show
I know when dollar is going to fall down. It Will happen when American people check what is real money of theirs investments.
vvikulin 1 month ago
This has been flagged as spam show
What he doesn't tell you is that if interest rate = inflation then the value of the loan can be found. He also doesn't take into account that economies run off of commodities as well and there value is ever increasing thus allowing a decrease in the value of the dollar and an increase in the value that is present in the economy. IE If all you own is silver than if a dollar collapse happens your debt value has now decreased. so you owe less without introducing more money.
KevinMozley 1 month ago
Furthermore the idea that interest is something we do not need is proof of major ignorance regarding the economy. Interest is the price anyone must pay for obtaining wealth in a short term to pay off in longer term. This isn't a 'ponzi scheme' at all. No one in their right mind will lent out money for free. The problem isn't interest or banks or even fiat money. The problem is a lack of discipline in the government and the people voting them in office.
TWSceptic 1 month ago
Ron Paul 2012!
TheDeadbeatHero 1 month ago 22
@TheDeadbeatHero erm not rain on your parade...but ron paul wants less regulation which is what got us in this economic turmoil. don't be fooled by republicans, theyre all the same.
ByronMH 1 month ago
@ByronMH What got us into this mess is too much economic regulation. The Federal Reserve set the artificial interest rate at zero, then the government told banks that they needed to ease on their restrictions on mortgages, which created a housing bubble. Booms and busts are created artificially.
TheDeadbeatHero 1 month ago
What a load of crap! Ask scammers like this why they are willing to take your well earned money (which they tell you is evil) and give you in return yellow rocks. Could it be that they simply want to scam you out of your evil dollars. It is no coincidence that this video is accompanied by gold investment advertisements.
lizardgizard2002 1 month ago
@lizardgizard2002
The ads are by Google genius (and they say so).
And the answer to your question is because they can take the dollar (paper with ink on it) and use it to buy more gold rocks to prepare for when the paper with the ink falls even lower. I have been doing so since 2008 with handsome profits I might add.
But keep living in your fog of economic ignorance, fine by me.
Aphoresis 1 month ago
@Aphoresis Being religious as your channel indicates you should know better than LIE. I am sure like minded right wing teahadists would believe you but I doubt that you know what :truth: really is.
lizardgizard2002 1 month ago
@lizardgizard2002
The only thing in my last comment were demonstrable facts.
a) the ads are by Google
b) Gold has been skyrocketing for over a decade ( Price in 1995 $386, Price in 2012 $1647)
Extremely ironic for you to be talking about lies when embracing a lifestyle of DEBT is the ultimate Lie.
Aphoresis 1 month ago
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cinder544 1 month ago
Whatever happens, an Euro will always buy more than a Dollar.
BlackTemplar43 1 month ago
In all this game, the devil is the victim, is the scapegoat, will be acused of everything cause the GOD don’t want any rivals. Conclusion: live at the full in the freedom of GOD (praying in a right form,following the INSTRUCTIONS in the Bible - keeping the 10 commandments - including keeping the Saturday as the 7th day etc.) instead of in the incapacity and limited power of devil cause he is just a temporary puppet. Jesus Christ is our savior and our hope!
diptdipt 1 month ago
A couple of things wrong with the video: First off, banks only create about 60% of the total money, the FED creates about 40% though printing and other ways.
Second, the FED regulates how much money banks can loan. for example banks might only be able to loan out 4x of their total "Real" money.
Because of this banks try to stay as close as possible to the loan limit so they can receive as much money in interest as they can.
seeheers 1 month ago
this is NOT true
secretwmp 1 month ago
This is NOT true because dept can also be payed back with items. Im not saying that the currencies can't collapse but if they do its due to completely different reasons.
Persason 1 month ago
I saw some people share other people's video on their own channel, how do I do this so I can share this video ?
beforeirene 2 months ago
you don't understand what you're talking about
if you're financially sound whether you have a gold standard or not doesn't matter one bit. the problem is financial responsibility.
OpenTheTrollGate 2 months ago
To see the SOLUTION one first has to qualify, identify & prove the systemic manipulation & faults within the current monetary system going right back to money creation conception its self.
To see the ONLY SOLUTION is to see MATHEMATICALLY PERFECTED ECONOMY a 43 year " PROOF " of solution that no one can deny.
Why haven't you heard about MPE?
1) It removes all banks without cost.
2) No one can disprove it.
Do your self a favor & see my MPE playslists to be truly informed & empowered folks
chotaboy66 2 months ago
1) FIRST CRIME is a bank ALLEGEDLY loans us money only as if it was theirs to loan out in the beginning but its not WHY? Because the bank gives up NO CONSIDERATION of their own in any phony loan to one of us thus FALSIFYING A DEBT to themselves STEALING PRINCIPAL.
2) SECOND CRIME is charged INTEREST that TERMINALLY depletes the monetary circulation that only ever consist of some principal at most which guarantees the banks consolidation & dispossession of our property & wealth public & private.
chotaboy66 2 months ago
Its the interest that TERMINALLY depletes circulation that only ever consists of some principal at most. No money or todays misrepresentation ever comes into existence until WE sign & issue our very own promissory obligations FIRST which only issues principal into circulation from the outset of one of our promissory obligations upon the sale SO not only is the interest stolen the principal is stolen also where any government has to re borrow all the stolen money back to re inflate circulation.
chotaboy66 2 months ago
With respect to the interest & the math this holds some truth BUT please let me correct your assumptions .
1) Money is not created out of thin air ? its created when one of us walks into a bank & signs & issues a promissory obligation YES folks we create money on conception & the banks falsify a debt to themselves thus printing a secondary issuance thats not equal to the first issuance .
2) If we create money on its conception its NOT A PONZI SCHEME rather THEFT & A MONEY LAUNDERING RACKET.
chotaboy66 2 months ago
this is part of a long term plan of problem-reaction-solution. nearly 100 years ago, they devised a system to gain control of the american people through debt, knowing eventually this system would collapse. when it does, people will freak out, they will come along with a global monetary system to settle people's fears,but granting even more control
37butterflyprincess 2 months ago
@37butterflyprincess true. finally someone that knows wtf is going on.
79dan 1 month ago
so....how could dollar last for more than a hundred years ?
veganbond 2 months ago
anyone else getting ads about buying gold on this page?? :O
GBYRNE123 2 months ago
Whats the song towards the end?
bushpigification 2 months ago
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"Why can't they just print more money to pay off the debt?"
Oh they are,and this causes inflation,remember those 20% rise in gas/electric bills this year in the UK? Well your gonna get rises in 2012 2013 2014 2015, and on your food and all other expenses.How long can you keep your head above water?
Black99Fox 2 months ago
@Black99Fox I question whether the money that's being "printed" is actually being accounted for in the supply. I'm not saying that's necessarily a good thing, but the value of money is based more on perception/world events than it is on some abstract and incorrect measure of the money supply. It's like having gold backed currency where there's not enough gold to cover circulation. If no one knows that, then there's no consequent effect.
Enigma758 2 months ago
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How the American government is destroying our planet earth
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"THE GREAT DISASTERS"
eliasmouawad 2 months ago
for those suckers who say it will never collapse, i ask you to walk 3 miles and increase this with 3 % every week for the next 3 years good luck:P
Outboundz 2 months ago 18
Bullshit. Your economics is also wrong.
ludwigchopin 2 months ago
Euro and the dollar will NEVER COLLAPSE NEVER DID NEVER WILL STOP SCARING PEOPLE
JamesJablonski2008 2 months ago
Why can't they just print more money to pay off the debt?
Enigma758 2 months ago
@Enigma758 When you run out of money can you just print it ? No . Because it wouldnt be worth anything. Same concept. Money has to have a tangible asset behind it to make it have value. We (the US) owes more money than we have. Or can ever pay for that matter.
scdefion 2 months ago
@scdefion But if nobody is the wiser, how can it make a difference. Let's say that the gov't secretly and electronically erases the debt from a large bank and it's kept secret. The bank happily goes on it's merry way, no one else is aware of anything different, so I don't see a negative impact. I hear about the concept of tangible assets, but I really don't understand why it should matter if the gov't has the "power" to forgive debt and no one else knows about it.
Enigma758 2 months ago
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IntuitiveLeap 2 months ago
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@Enigma758 just because you don't see a negative impact shouldn't be a basis for assuming one doesn't exist. i suggest you remember that money is treated as a commodity in currency trades between countries,businesses and individuals. the quantity of units in circulation (which would include those you seek to erase) are a parameter used to determine their 'value'. how would you then determine the value of a dollar if the quantity was in question?
IntuitiveLeap 2 months ago
@IntuitiveLeap I'm not suggesting that secretive debt forgiveness is necessarily a good thing, I'm just questioning the effect of it. I keep hearing that the value of money is based on the money supply, just like the "supply and demand" principle of real goods and services. On the surface, that seems plausible and even if true, how could that ever be accurately measured? I believe the value of money is based mostly on perception and world events, not unmeasurable quantities.
Enigma758 2 months ago
@scdefion So say the Gov't prints money to pay the debt and hides the fact (note: I'm not saying this is a good thing). Who's counting all the dollars in the world and saying that the value of the dollar should decrease due to that? My point is that money is an abstract concept and is based mostly on perception/world events, not based on some count of dollars circulating that is effectively unknowable.
Enigma758 2 months ago
@Enigma758 Youre right about it being an abstract concept . But unfortunately somebody is counting . Everytime money is printed the dollar goes down. World events do steer to a degree.
scdefion 2 months ago
@Enigma758 we can but causes inflation. the problem is that for every dollar put in the bank the bank can loan out ten dollars. nine are out thin air. They system only stay afloat when people take out loans. if no debt there is no currency.
spark300c 2 months ago
@Enigma758 because it creates even more debt..
79dan 1 month ago
bullshit video.
minero1986 2 months ago
@minero1986 the video is bullshit
JamesJablonski2008 2 months ago
as cash is created by the CB there is more debt than the actual money in circulation... such a clever trick pulled off by jews
theyhatelight 2 months ago
where can i READ (preferably form reliable sources) about this ... ???
mindauggas 2 months ago
@mindauggas publiccentralbank(dot)com
79dan 1 month ago
GOD what is that song that you use at the end?
curiositygun93 2 months ago
@curiositygun93 - The song is Origa's Inner Universe
pishposhx 2 months ago
@pishposhx thank you so much :)
curiositygun93 2 months ago
Paper money not backed by gold is destined to collapse.
EconCat88 2 months ago
it amuses me how interests were forbidden more than thousand years ago by Islam ..
samiful14 2 months ago
Can i upload This vid on My channel?
aza9825 2 months ago
the end is near, soon the euro will crash. we predicted it 5 years ago ;-)
Prohumani 2 months ago
This video is soooooo wrong. How can people actually believe this? Has anyone actually studied the facts?
First, this would mean that the assets of the FED and other central banks would increase always faster than their liabilities, which is obviously wrong.
Second, the reason for this is that the interest paid by the borrower (or the "profit" of the central banks) goes to the federal governement. This is a (small?) transfer to the government, but nothing that will crash the system!
areinsch 2 months ago
@areinsch
You say that because you don't know who owns the banks. One clue: the daughter of who proposed the FED married with the only soon of Rockefeller, whose fortune was around 600 billion dollars. David Rockefeller, the only alive grandson, is now a banker. We can't know who owns the banks, because the law doesn't permit it, but what I gave you is an excellent clue.
I understand if you don't believe it, you're supposed to do that.
slatanbonage 2 months ago
@areinsch wow wake up, so youre saying the 700billion for the tarp didnt end up being 23trillion? and how come ben bernake wont say where the money is going?
revolutionary17 2 months ago
@areinsch the interest doesn't go the the federal government. it goes to the federal reserve.
79dan 1 month ago
@79dan Of course you are right: the interest payment goes to the fed. But the question is what happens with this money. A small amount of it is used to pay for administration fees and other small items. The rest is profit, which is paid to the federal government each year. My point is that there is always enough money out to pay off all debt (theoretically) in contrast to what is claimed in the video.
areinsch 1 month ago
No more money !
No more banks !
No more politics !
No more dictators !
Love is all !
Nature Rulezz !
TheTrainer001 3 months ago
very true but IDK if it is as simple as a few ppl getting rich. The crash of the dollar is the only way to get the world to accept a 1 wold currency.
now4liberty 3 months ago
@now4liberty you think when the dollar crashes the chinese will accept a world currency? and concidering they practically own america in bonds anyway they gonna cash it up soon enough
topeak 3 months ago
@topeak good question! Every major world economy will have to get in it or they will be left out, just like how the US dollar is the required reserve currency of the world. China’s cash in is part of what will bring our crash so they are trying to time it right. China is very smart and they are trying to be the world power and hold their economic power because that’s stronger than military power. They have to play their cards right politically and economically to build their status.
now4liberty 3 months ago
@topeak they will when they are obliterated by nukes in the next world war
revolutionary17 2 months ago
please!!! subtitle your videos, thanks you!
luchoxluchoxluchox 3 months ago
You better change this video because the Euro will never fail now with king dollar backing it up.
IWashMyOwnBrain 3 months ago
There is a good reason why interest was forbidden by the Almighty.
blacktjack101 3 months ago 27
@blacktjack101 Yeah right, do you realize 'the almighty' is just another human creation, just like fiat money and debt based money? Of course you don't, you've been brainwashed.
TWSceptic 1 month ago
I hope supporting this doesn't support the Occupy movement.
MIKON8ERISBACK 3 months ago
Gold and silver are NOT always safe. 1) They are fairly easy to manipulate the supply of. That's not to say that they aren't usually good ways to protect your purchasing power, because they are. The problem come with the second part... 2) when a nation's currency begins to fail the government may confiscate the gold and silver accumulated by the public - this happened in the United States in 1933.
Phenolisothiocyanate 3 months ago
@Phenolisothiocyanate That's why the government has to be minimized to having it's only fundamental tasks. The Constitution restraints the government from confiscating gold/silver because the gov doesn't have the authority to do that.
Clutch3Ball 3 months ago
@Clutch3Ball Yes, restoring the Constitution is a good solution to point #2. It won't, however, entirely prevent point #1 which refers to the manipulation of gold price/supply.
Phenolisothiocyanate 3 months ago
@Phenolisothiocyanate Good, so we got the soluting to point #2. The Constitution and a small gov't. Now, in order to further prevent the manipulation of the gold/silver price and supply (point #1), what would be a good solution? I'm thinking of a very limited regulated free market.
Clutch3Ball 3 months ago
@Clutch3Ball This is actually a really tough problem. It's very difficult to prevent parties external to the United States from manipulating the gold prices since gold is very hard to track the movement of. Since there isn't any gold in Fort Knox a return to a gold standard is silly to begin with. A fiat currency is just fine as long as you can keep the politicians from screwing it up. Gold is fine as long as you can keep the bankers from screwing it up... hmm...
Phenolisothiocyanate 3 months ago
Ok theres something that doesnt make sense. Who are these private central banks? If this is such a grand scheme which stands mathematically proven, how come you havent filed a case against these banks at the supreme court? The more I watch this view the less sense it makes.
saxenas1988 3 months ago
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@saxenas1988 Its hard to track through the maze of holding companies, but most ownership points back to the Rockefeller family and the Rothschild in Europe.
The standard was set when Napoleon marched on Waterloo. Nathan Rothschild went around London saying Napoleon won. The London stock exchange crashed, and Nathan Rothschild bought up much of it for 5-10 % of normal value.
Private bankers have done business that way ever since, promoting wars and debts: buying opportunities.
Rhal95 3 months ago
@saxenas1988 "If this is such a grand scheme ... how come you havent filed a case against these banks at the supreme court?" Among the assets the banksters have purchased is *your* gov't. Watch YT "Creature from Jekyll Island" by Griffin (watch?v=lu_VqX6J93k). It'll start making sense then. And once it clicks in your head, you'll get *very* angry. Which is why we have a brand new law passed by Congress repealing Posse Comitatus. Be *very* concerned. Vote Ron Paul... if we even get the chance.
plenarchist 3 months ago
@saxenas1988 After you watch the "Creature" vid, I recommend this interview with Paul Craig Roberts... watch?v=Ie5LVcmObI8. Since his interview in 2010, Obama has formed his star chamber, FAA has cleared air space restrictions on use of UAV in the US, the Fed's are enacting global surveillance of all financial transactions, and as I said, Congress has REPEALED Posse Comitatus... It doesn't take a rocket scientist to see what the Feds are doing and it has nothing to do with terrorists.
plenarchist 3 months ago
@saxenas1988 wow really? really! why dont you go file a case against them right now, go ahead and file a suit against bernake.
revolutionary17 2 months ago
@saxenas1988 congress granted the federal reserve the right to print and issue currency in 1913. something our founding fathers warned us about.
79dan 1 month ago
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The major problem is that most people will not listen.
WDTripps 3 months ago
Check out my video response. Today the Governor of the Bank of England publicly gave tthe biggest warning ever to British banks to prepare themselves for a sudden collapse of the Euro... (not a 'possible' collapse but a sudden collapse).
The Governor of BoE has never before stated that U.K banks should prepare for a 'sudden' collapse. Journalists are taking seriously Mervin King's warning, and I expect within a week all the finance world will be repeating the message- The Euro Is Collapsing.
GlobalPrison 3 months ago
Real, The money of the future.
MrCaiolima94 3 months ago
The people in Europe didn't want the euro - listen to the people - the euro is stupid - before the euro each land would have its ups and downs, if things were slow you could go to another land were things were better. The euro and braking down of border controls in Europe stripped the people of Europe of there protection mechanism
austpom333 3 months ago
@austpom333 I still dont understand why you are opposed to the Euro? Hasnt it made our lives much easier. I cross borders without even noticing. No more useless controls, no more exchanging currency, trade between our nations has become much easier. Perhaps having a Neuro and Seuro would make it easier to adapt monetary policies according to the northern and southern economies needs... but I disagree that the Euro is stupid. Nationalism is stupid- no need to patriotic about your own country.
AudiROCKS 3 months ago
@AudiROCKS Wake up!!!!
take3dublin 3 months ago
@AudiROCKS There is no problem with universal currency, but for it to work the currency must have value beyond what governments say it does.Gold and silver have real value.pieces of paper or coins that the governments use to pay for more than the sum of their parts do not.As long as there is fake money then the government can print however much they want and thus reduce its value.The government cannot create wealth, it only takes it either through taxes or inflation only business creates wealth.
TeenageCapitalist 3 months ago
@TeenageCapitalist Most currencies today are based on fiat money. I dont think there is any country that still operates with the gold standard. Of course backing a currency with gold would make the value of a currency more 'legitimate' but in order for universal currency to work, I dont think you need to back the value of currency with a valuable commodity. That saying, a universal currency for the world will never work, only similar economic regions can adapt a single currency.
AudiROCKS 3 months ago
@TeenageCapitalist a good way of putting it: if you take a $100 federal reserve note and tear it into tiny peices, it becomes worthless. however, if you take a piece of gold and break it into tiny pieces, those pieces still have value.
79dan 1 month ago
@AudiROCKS because like the US federal reserve note, the Euro is printed from thin air by a central bank. as long as a central bank has the authority to issue money that is printed out of thin air, the central bank will have control of much more than just the issuing of currency. "Give me control over a nations currency, and I care not who makes its laws.”
Baron M.A. Rothschild
79dan 1 month ago
sounds likes nazism
burningflag43 3 months ago
The argument that one needs to print more money to pay existing debt is completely wrong. Why? Take one person, how can he repay any debt he has? He can produce something and sell it on the market. Does this require more money on the market? No. But perhaps some would argue otherwise. But keeping the money supply frozen in an economy will produce deflation, they might say, and that's bad. Well, suppose even that it is bad, it doesn't stop people from making money and repaying their debts.
Lavklumpen 3 months ago
Some regions of the country have there own legal tender.Will that help or do we all need to save food and water just to survive?
rkansas1 3 months ago
Invest in gold and silver, their price will never fall
ilovemoneyalot101 3 months ago
Your analysis is flawed. The ponzi scheme can be maintained forever. All that is required is (a) rotation, and (b) a slow replacement rate.
RobertMOdell 3 months ago
Looks like 15 banksters didn't like this video.
SilkMeadow 3 months ago
Interest paid by the government to the Federal Reserve is annually rebated back to the government, less the cost of operations of the Federal Reserve. The interest debt forever built into the system occurs because money is only created when the banks finally make loans from the reserve created out of thin air by the Federal Reserve.
tryptala 3 months ago
What's the song at the end of the video?
xlucidx 3 months ago
Although right now they mathematically guaranteed to collapse because if interest rates even go to 7% the government will have trillion dollar interest payments. There are other videos shoeing that. As for from the beginning, I disagree. You can make a debt based currency work. Milton Friedman said as long as you have an expansion of the money supply at a steady 3-5% per year to grow with the economy. Obviously governments are too irresponsible to be given this task and we need a gold standard
tommy35ss 3 months ago
If they are - and I quote from your video - "mathematically guaranteed to collapse", can you give us the formula that will calculate the time frame of this collapse? I don't necessarily disagree, but I suggest you choose your words carefully.
tonkacaptain 3 months ago
@tonkacaptain LOL! I Found a banker!
dahabestt999 3 months ago
@dahabestt999 What did he say? Please elaborate...
tonkacaptain 3 months ago
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tonkacaptain 3 months ago
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DAVID ICKE will give a lecture in Amsterdam (Netherlands) on December 10!
New information on the euro collapse, OCCUPY, Illuminati and the total finacial chaos in the world today...
Be there! And spread the world.. Let all people know!
This is important and world changing!
AMSTERDAM - DECEMBER 10. 2011 - DAVID ICKE - Purity Events
Tickets/More info: purityevents.nl
PurityEventsNL 3 months ago
I like your vids on the econ..they are spot on and well done..
feedback: enunciate and slow down alittle.. you are listing alot of good detail, very fast, and you slide your words abit making it difficult to capture (hear/understand)...tonality baby!
stevenjrocker 3 months ago
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Ron Paul 2012. For a gold/silver standard
tommy35ss 3 months ago
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Who are you people going to vote for to stop this? There is only one person that will stop this. Please post to me who u think will stop this mess.
vic4rp 3 months ago
wakeup ... zombies......ffs
themusmag 3 months ago
Gold/silver = real money. Nothing else. After that it should be the barter system.
scdefion 3 months ago 14
@scdefion are you serious? adding value to our currency's a terrible idea, then we can't print money out of thin air and fund irrational wars and costly government programs... that we actually don't have the money for
jeez, austrian economist....
sgthobbes2 3 months ago
@sgthobbes2 Didnt say anything about adding value to currency. Geat rid of the paper dollar period or make it redeemable for gold or silver on demand , like it used to be . Of course you cant print money out of thin air , thats what got us where we are now. Spending more money than we have and then printing money that doesnt exsist to cover debt and interest. No more government programs and no more wars except in self defense.
scdefion 3 months ago
@scdefion my comment was sarcasm, i'm in total agreement with you xD
I came off as too serious, I think
sgthobbes2 3 months ago
@scdefion Those without the money to buy silver or gold should consider saving real copper pennies I believe pre 1984, or nickels both of which are presious metals and have industeral use, your best bet is to stock up on food, runaway inflation is coming, buy farm land if possible and by all means pay off your debts, within 5 years possibly 2 the US economy and of corse the dollar will colapse, the Euro won't make it beyond 2012, prepare!
skin5011 3 months ago
@skin5011 Good advice but I already beat you to it, been at it since 1995
scdefion 3 months ago
@scdefion Good man, most people have no idea that their world is about to implode, you sound informed and perpared, just one more thing invest in home defense (Im sure you have) you'll need it.
skin5011 3 months ago
@skin5011 Been a cop and in the military since '89 so guns and ammo arent an issue. They come to me when they need something !
scdefion 3 months ago
@scdefion Thanks for your service, my sons an Army Sargent EOD 2 tours in Iraq, Im very proud of him, and you! Stay safe and God bless.
skin5011 3 months ago
I agree gold can be valuable, the same way ammo and food can be, but it is not "real" money, there is no "real" money, money is a fabrication. Imo the gold=real money is a red herring that distracts people away from core understandings;
Who creates and what its initially used for it important
Fractional Res racket can exist with gold thats how the racket began in the first place
Production and access to it matters, its pointless to have gold as standard is you live as a neofeudal serf or in GD
Rickdeckard2020 3 months ago
@scdefion
Money represents Resources
Resources only has value if you can own it and protect it.
Hence, MILITARY POWER is the true power that back resources/money.
PurePower025 3 months ago
@scdefion Actually it should be
Gold/Silver/Drugs = Real Money
gotta remember supply and demand, drugs are in high demand and any one will do anything for it
ostrich101ful 2 months ago
@scdefion understand what you are saying but in my circle drugs arent really a commodity or currency. Maybe anti-biotic , antiseptics or the like but illict drugs , no .
scdefion 2 months ago
@scdefion try eating gold and silver
minero1986 2 months ago
@minero1986 I dont have to try eating it. I have multiple years of food stored and a very thriving garden thank you. Plus I have my own water supply too.
scdefion 2 months ago
I think Stefan Molyneaux said it best in reference to social security, "... is an insult to Ponzi schemes, because Ponzi schemes are at least voluntary!."
djb5255 3 months ago
Glad to see you making videos again!! Excellent.
cyaard 3 months ago
No Ponzi scheme could be bigger than this one! This is this biggest and will probably be the last, too.
Twitchy229 3 months ago
Thank you for spelling it out for us so clearly, we needed this.
excelldee 3 months ago
Do you think this is why there are advertisements on TV every 2 minutes asking us to 'cash our gold'
737124 3 months ago
@737124 because people in the gold business know that people will sell off their gold in exchange for Federal Reserve Notes. they know that gold has actual value and federal reserve notes do not.
79dan 1 month ago
I agree except they aren't just doing this to get richer. The plan is to force the world in a global currency.
im4stlh 3 months ago
this system based on usury was introduced in the old testament and the newly created moneychangers were told by their Amon-Re high priesthood masters (program developers) to make a DEBT JUBILEE for their sheeple every 50 years (Book of Leviticus) because they knew very well that their birth child ponzi scheme needs to be reset in order for the sustainability of their pyramid of power based on a structure of "conceptual -->ideological --> legislative-->executive-->judicial power branches".
xposelite 3 months ago
The bailouts are the greatest theft in the history of mankind! Giving the banks the money that they never had! This cheap money that they create never existed and now we have to pay the bill for it, because they couldn't take a profit. It's almost unbelievable. MANKIND, UPRISE!
Panter4 3 months ago
I wait while europe union will be collapse, because life never be good in empire.
lukassss201 3 months ago
good video. but i wouldn't say mathematically guaranteed to collapse. if banks borrowing from the central bank were completely independent from each other, and defaulted with a certain frequency, then it could exist forever without collapsing, but just with a guaranteed rate of bankruptcy. it's the money system plus the mutual dependency of reserve banks together that guarantee the collapse.
odunne2 3 months ago
AAA rating
creedstat 3 months ago
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And now let´s start with solutions: Study Silvio Gesell (Wörgl example), study complementary regional currency that works without an interest-of-interest-money-system, study Margrit Kennedy, build up your region! Stop buying from supermarkets, buy from farmers and things pruduced in the region. Encourage regional independancy. See that your region produces their own shoes and clothes again ... then we have already won and hungered them out. We don´t need them.
KarinOll 3 months ago
We have to establish a barter system that is as big, or bigger than Ebay with a specific method of operations and guidelines, etc. One that has not even been invented yet. 25 years ago I called the idea "Inter-Flea" An internal Flea market entirely based on trade and barter of goods and services or what could be offered that was needed or desired. Feel free to steal this idea and run with it. Take the name too. I am not smart enough OR young enough to make it happen. We have Power in Numbers!!~
transientdreams 3 months ago
do a video about bitcoin!
stevenwagner 3 months ago
What if I have borrowed euro from the bank?
AlexanderrrL 3 months ago
This video and others like it need to be shown on big screens at Occupy.... Everywhere.
FUTANTCOLLECTIVE 3 months ago
We have a lot of problems, some of them are about the functions of the central banks, but this is not one of them. We have interest payments because the money (capital and other inputs of production) earn a positive return. Money has a real time value. If there was a ponzi scheme as such, then central banks (or the corporate elite) would always push for higher interest rates. In reality there is not such a pattern.
vesemre 3 months ago