Money - Past, Present and Future

[cedi1985]

whats the sense telling us all this when none of us listening to your commentary will be alive to make this kind of money. "but all in all"

earths resources would not be sufficient enough to maintain such a massive population to cultivate such mass wealth. if we make it out of this century i dont think we will survive the next.

[97drumzilla]

@cedi1985 That's pretty negative.

[tfdata]

By the year 2019 the income on average will be over 100 000 dollars, it has to be it.

[pgguy3]

would be interesting to see the salaries in ounces of gold. (1970 i think gold was like $30/oz so say 100 ounces per year, 2008 gold was say $1000/oz, so about 27 ounces per year)

[sizzlot]

Wouldn't the gold salary stay the same? Gold can't be 'printed', so it doesn't inflate. An average salary of 1oz gold per week should remain the same over time, shouldn't it?

[moofph]

...1 million-trillion is 1 quintillion.

[jetztisfeierabend]

great work with the numbers

[doc7474]

Great presentation, Derek. I think this should get people more aware of the problems we have with debt and inflation, gives more perspective when you see the numbers out there like that.

[pulsescan72]

Another grid vid. keep it up.

peace

[danratsnapnames]

there are two types of lies, bold face, and statistics! what was the increase per year.. averages tend to cause false numbers, expecially when its over short term. break it down to a per month from 1967 to 2009, i'll bet its a little different.

[drutter]

Great presentation! You did a lot of work to make this happen. Thanks!

[MimiZ914]

Derek: any predictions on what small business/self employment, will do in the future, (trends, etc.)

THanks

[JohnnyStorm2007]

Great video Derek, you made this video interesting, informing and just plain fun to watch. 5/5.

[NibiruMagick2012]

fun with numbers... Great video

[mansson111]

ah rich get richer and poor get poorer. Nice to see tradition is alive and well. Just did not expect government to take our money in the form of stimulus as well as giving themselves bigger rises.

[vdubs4life1964]

A brand new 1969 Camaro SS 427ci cost around $3,000.. Decked out...

What does a comparable Camaro go for today? Something like $42,000... I think..

[noise59]

will everything be more expensive?

[TheMetalPerson]

If we keep growing our energy production by a "healthy" 7% per year, we'll be producing the entire output of the sun in around 500 years. Its been a while since I've done the math so that could be off by a few hundreds, but i'm pretty sure the order of magnitude is correct. 500 years of coal? Maybe if 7% growth wasn't considered healthy we could make it last 500 years... but in order for this current economic model to work, we need to grow our production at unsustainable rates.

[BGBurch]

Worth thinking about - glad I won't be around, Ha!

[slobomotion]

This is such a good channel. I continue to really enjoy my subscription. I look at the ads, too -- a lot of them are quite interesting here in France! I usually share these widely. Thank you.

[ozwasp]

Lol.... Can't wait to be a billionaire

[brendandylanmaloney]

I dont think this pattern will be part of the new world. People should check out dolores cannon and patricia cori ,they are amazing ! They explain creation,earth changes,2012,aliens,volunteers­,etc. it is metaphysical in nature.

[sonnybrakes]

We may have already reach peak-ink. I ask myself, whatever happened to all of the wealth that was created by my forefathers. You would think that maybe Christopher Columbus (no relation) might have died with a few bucks on deposit somewhere. What would have happened to that money?

[KarlBrkr]

Good video Derek.

Yep we are screwed. That's why we are saving in Gold & Silver.

Thanks

[DjetGlea]

I wonder what the price of gold will be when the averge person is makeing 1 billion dollars a year in 2400? I figure only about 30million dollars an ounce. But if the world population is 100 billion it could be much higher then that.

[abuokab]

hahahahahaha

[DjetGlea]

Maybe we can do a couple of 10-1 reverse splits on the Dollar. That will keep the very large denominations away. And also help hide the inflation>

[odin422]

hahahaha wow and wow.

[czargwar]

you should have used medians and not means

[Crazycardfreak]

Yep, future is definitely bleak

[sonav1]

get real man you lost your way

[AR15Truther]

sorry too much floride, didn't understand any of it...

dude! my taco bell burrito was tiny today, what gives?

J/K fav'd

[PestControl02]

that was awesome!

[xXU2BerXx]

LOL, vociti; and the bank may offer us a low interest A.R.M. for that wholesome loaf of rye,lol!!!

Get your wheelbarrow's ready ;-)

[vociti]

So even though we are all going to make more, a loaf of bread will cost 10,000 dollars. But at least my bank account is going to look BIG.

[solojam]

yep false sense of wealth, exactly what wallstreet & gov wants

[Hendo1974]

In 18 months to 2 years from now! In the future, Revolution in USA, if NWO creates a lose-lose situation, we end up like a Max Max World, scary!If the Truth Movement wins, the military has to stand by them and not oppose them!

[DavidAKZ]

So the currency has to be devalued ?

[Qualitatively]

Thank you!