You make the point very clearly that the dollar dose not follow the gold standard. So why use it to compare inflation. A better way of doing this would be compare how much things cost like a can of Coke a big Mac things that people actually bye. Gold has gone up in price because of a lake of confidence in central banks ability to pay there debt! Yes inflation is a problem the world over but gold is not a good comparison.
want to help crash JP Morgan? Then become an agent for a German bank expanding worldwide over Feb/Mar 2011. Just click on my name and visit my channel to find out more about selling Gold Kinebar and Silver Bullion. Free sign up. Free support. Free website. Loads of information on my channel. Check it out
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I suggest you read up on Ron Paul's other policies. Sure, he has some great policies that he always talks about so much publicly, but his other policies are nasty. He wants to get rid of welfare programs like medicare, unemployment, and pretty much all government safety nets. He wants to deregulate Wall Street and banks, which is what caused the 2008 crash in the first place. And much much more.
You're a fool. Allow me to educate you. You can't get something for nothing... The U.S is BROKE and has to BORROW 3BILLION per day just to stay afloat. The entitlement of medicare, and unemployment benefits is UNSUSTAINABLE and yes, will have to be cut to balance the HUGE National debt... Hopefully for you China keeps loaning the US money so you can eat.
Have you ever pondered what happens to people that lose their job and can't get any money? THEY STOP SPENDING. Therefor, the economy gets worse. In FACT, government spending on unemployment has a fantastic multiplier effect. For every dollar that we spend INVESTING into unemployment generates a 1.90 in economic output. Unemployments stimulates the economy, this is a FACT. Without it, the economy would just get worse and worse.
What we need to focus on is our defense budget. THAT is what's unsustainable. Things like social security ARE sustainable. We actually had a 2.7 trillion dollar SURPLUS in our SS budget, until the government stepped in and spent it on the war and such. I suggest you do your research before you call me a fool.
The only thing dollar bears keep pretending is that the dollar is plunging. Truthfully, it isn't. It is only down very slightly over the past 5 years vs all major currencies.
A little inflation is a good sign. A little deflation is also a good sign. No inflation or deflation is the best case scenario. Too much of either can ruin an economy, unless the economy grows as fast as the currency inflates.
The heck you idiots think why their are so many advertisement offering Gold for Cash. Gold keeps it value consistantly while the dollars are dropping by inflating more money into the system. Blame the Terroist and Blame George Bush for not finding a better way to resolve the problems of 911.. blah blah BYE
Great video! More mechanics on explaining inflation in a succinct video. For more info on the US monetary system, search "Why we are in so much debt" on YouTube.
Also to note. He keeps referencing public debt as one of if not the only cause of inflation. Please not that right now Japan has a dept to GDP ratio significantly larger than the USA's. Regardless of this Japan is facing major deflation and the Yen is getting continually strong versus other world currencies. Believe it or not Japan is trying to curb this deflation. This video isn't news. It isn't even that informative or helpful. All it says is you should have invested in gold. Hindsight = 20/20
So wait... he is valuing the dollar and solely the dollar against gold and only gold? Isn't it a much better explanation that gold has simply gotten more valuable and thus would have been a good investment? I mean hell if all of the sudden we discovered gold was much more plentiful and accessible than previously thought then all of that gold you bought with your 8000 could suddenly be worth significantly less. This is not how currency works. This is how investing in gold works. Such garbage.
What you mean is not that the value U.S dollar has droped, but the value of the Federal Reserve note is dropping. A Federal Reserve is not a Dollar, only a promise to pay a dollar. A silver Dollar is a dollar, not a bank note, nor a promise, but a dollar! You can get more than one FRN for a Silver Dollar. You can still get one Silver Dollar for a Silver Dollar. The value for the Silver Dollar has not droped. Now they both can't be Dollars!
Federal Reserve note is not money, it's a bank note
time to drop this monetary system. and start using the scientific method on everything its time to wake up and look forward with out our technology being held back with FAKE MONEY and see that there is NO REAL SCARCITY just MAN MADE SCARCITY. This man made scarcity is just to validate the monetary system. look past this illusion. Move to a resource based economy. No classicism, everyone's life will be improved even if you are the richest man in the monetary system right now, all life is better
Euro flying from 1.55+ to 1.20- doesn't make it reliable yet, regretfully... 60 - 20
So it should be sth like 1.40 I think. Ger & NL export a lot, good for them while low but not for a European continent in total. Big players should just stop those gambling games against allies ! and friends ? :-/
Thats the price USA have to pay for been the POLICE OF THE WORLD... Inflation, terrorist, suicide, unemployment, fear etc... But the big problem is that what USA do affect a lot of countries. I hate that really, why here in Venezuela we have to live with fear because of the dollar is the dollar increase we cant import stuff. Thats why I support China as the next World economy, they are going to beat USA without playing in a war of fear against the world.
If this the case, why is the dollar not worth 25 cents Canadian. What is holding it together? This video was valid twenty-five years ago, but there is something really strange going on because the laws of economics are being defied.
One theory may be that the lenders don't want to lose 75%...it wouldn't hurt my feelings if they did.
i thing i have to thank you for all of us learning a differant way to understand our world economic....i think every one rich or poor should know more about what is realygoing on..so pls kept making these video and thanks also to internet and you tube so we all can share these information
There was an unpleasant, unfair (political) show to bring it down by UK and USA.
Europe will respond to that, just follow your Nasdaq, currency etc. from now on, we can do the same... You seriously pissed off some ppl here big time !
i found a new company where you can start collecting gold and silver bullion coins, and make money helping others start collecting with you. save your self your friends and family. want to know more email me at gowen3 hotmail put in the headline( help me ) build wealth collect wealth preserve wealth
Nobody needs to believe any of this--it's a totally personal option. This is the actual situation, laid out clearly and concisely with no hyperbole. It is the absolute, undiluted truth. We're approaching a situation similar to that in Germany in the early 1920's. We're in a period of financial illness, and we'll make it through to the next stage of life. Or we won't. Nature doesn't care one way or the other. I do. Gold.
Great history lesson. Quiet unsettling. I do recommend a great book from Michael Maloney on the subject: Guide to Investing Gold or Silver. A Rich Dad's Advisor series. Great motivator to start buying Silver... and Gold if you can afford it. Not such an easy task unless you are sitting on a lot of cash... but there are ways. Would lover to post your videos on my website if you don't mind.
To all of you who liked this video. 97,5% of the voting viewers did. The video claims that inflation from 2004 to 2008 was 44% (to see that you need to both know both subtaction and divition of numbers). The official estimate is14% for this period, about 1/3 of the claims made in this video. Inflation of 44% would imply that prices on goods and services in USA would on avarage almost double. Does anyone really believe that took place between 2004 and 2008?
@jahege Sadly, yes people will believe that after they watch this video. This video seems to promote more fear mongering than real news, but what doesn't these days.
this might be a stupid idea, but when our government needs money, why don't they print counterfiet and use it on the other countries instead of actually putting it into circulation, our economy wouldn't change, but the other countries would, i think that idea has its ups and downs.
the federal reserve has to stop printing money because there is to much in circulation. if there was less in circulation, we would have a greater percentage of the circulation and prices would adjust to that
everyone stock up on your gold and get ready for this new world order, the elite are gonna get rid of the dollar and introduce a new currency, the amero, which is why the dollar is dropping value so fuck the ilumianti
Used to be, the government would split money to make sure everyone had their fair share; now, the government splits our money because celebrities are bored of being "billionaires" and now want to be "trillionaires," I think...
There were wars when the whole world was on the gold standard. The gold standard won't eliminate wars, but it will help force congress and the government to be fiscally responsible.
It may help the federal government and Wall Street to be more fiscally responsible for a while; well, until people that wants to see the numbers for their salaries to continuing going up. They will find a way through the use of technology, even if we go back on some kind of Gold standard. They may update the Gold standard to a modern Gold standard and be very secretly discrete with increase the amount of Gold in circulation.
I think we will print our way back to a manufacturing economy.
The beauty of the gold standard is there isn't inflation, so there's no need for salaries to keep going up, in fact they can't keep going up, and they shouldn't. In order to have some new program, like rebuild new orleans or prescriptions for senions, it will require a tax increase. And those taxes will have to be paid in gold. People won't want tax increases, so there won't be all these new programs.
Dont let people scare you about the dollar all other currancys are based on the dollar. Lots of gold salesmen are trying to scare you into buying their gold at high prices thats all.
The truth is that official inflation is an outright lie. Gold is the true measure of inflation and its rampant. Inflation is the hidden tax of debt based money that has enslaved the world and given banks massive power. The Bank simply uses your loan contract to create a deposit and then demand u pay it back WITH interest.
Its time to wake up to the Fraud and the Tax that debt based money is.
the dollar value is worth alot in the world in japan its about 6yen 6 yen is 1 us dollar becaues of so called world market the dollar wount really have big fall back on infaltion but when inflation gets so high then it will drop but world makert can mess with it to keep its value.
the world market is to compucated and corrupted that the dollar i really cant see falling.
The usa can't go back to a gold standard for 3 main reasons;
a) There isn't enough gold in the world to underpin ALL the trade in goods, commodities, insurance, business deals & loans that occur on planet Earth. Even 20x more gold wouldn't be enough!
b) The usa has NO GOLD. It's even issuing IOUs for gold that hasn't been mined yet. G**gle "deep reserves gold" for more details.
c) usa's economy has died & the $ is being dumped. Now isn't a good time to do something dumb like go back to gold.
i don't understand how its not making money and is 'just a hedge against inflation'... can you please explain? suppose for example i bought an ounce of gold for $1000 and then the price for an ounce of gold shot up to $5000 and then i sold that same ounce, wouldn't i have made a $4000 profit? also i live in australia so.. i'd be buying and selling in aussie dollars... let me know if you can!
Here's a question no one has answered for me. Feel free to reply with opinions.
If we have inflation why do taxes continue to rise? (I really know the answer) If a car cost $10,000 and next year inflation goes up and the car now cost 12,000 wouldn't the government already be making more in taxes just due to inflation? So why raise taxes if inflation takes care of government by giving the more tax money in the 2nd yr. The year the car cost 12,000.??? Please chime in.
What are you even responding too? I've made many comments on here and I have no clue what you're talking about. It might be the "cuz" or the Spanish that I don't speak. Or perhaps it's the "againsta" that I don't understand or last but not least it could also be the "neever" I don't get. If you really want to communicate with me and share your ideas please come back with cleaner English.
What was bullshit that is about the Economy is right now the stock market and other agencies are plummeting, alot of stores that i go are filed bankruptcy, like Circuit City, Pharmacy stores, resturants, etc. some were 50% off from the original price, homes are filed with repossesion, claimed, etc.the bollars were ok back then, until in 2008, prices started to drop like hell, and i dunno what might happen to all of the places around the US, when will we have military funding for weaponry or what
(PLEASE DO NOT BE OFFENDED BY MY COMMENT IF YOU ARE OFFENDED EASILY DO NOT CONTINUE READ ON AND I DID NOT INTENTIONALLY TRY TO OFFEND ANYONE.
Part of the reason Hitler didn't like the jews os because when they went into a depression, since the jews saved up alot of money, they did not want to share with the economy. You said in the video when you save up money it would get nearly halved. Hmm......
I'm not offended. But then should we not save our money and be wise with it? I want to save for a house. I don't want a bank loan. But I also want a really small house:) Should I not save my dollars instead of taking a loan and then next thing you know, I've lost my job or something big happens and I can't make the payments. I think it wise for a man to save his money. But Hitler was also a mad man so.... yeah. Tell me what you think.
Saving your money is bad. "Saving" implies it rotting in a bank or for that matter under your bed, constantly losing it's value. Invest your money in something safe to increase the amount of your money by just enough to beat inflation. That way you do not "lose" any money (but in number terms it will look like you gained money). If you're lucky, you may beat inflation by a large amount, which would you mean you really did gain worth.
I don't keep money in the banks, except enough to pay for bank drafts of my truck payment, bills etc. Right now no bills are do. So I have .35 in one account and .01 in another account. I buy silver and gold. More silver though. So how should I invest it with intelligence? I don't believe in paper investments i.e stocks, and things of that sort. What would you suggest? Thanks for the comment
There is a major problem with your argument. The price of gold fluctuations do to supply and demand.The rise in the price of gold vs the dollar is not due to inflation but because of the economics of supply and demand
While inflation occurs its at a much lower rate than this video would make you think.The real problem that we must watch for is hyperinflation (like Germany after WW1). Few people except drug dealers keep most of their money in cash so regular inflation won't be a problem for them
We live in a time of some of the worst price fixing in commodities history. Then this rubber band snaps back on all the people that are asleep a lot of them will lose everything. This will happen so fast people wont even be able to react. It is just a matter of time.
@brockunc : The price of gold fluctuates according to who has the most of it at any given time. As of 1980, that's Switzerland. And they stole most(maybe all)of it from various peoples and nations. Nixon had many friends in the Mafia who held secret Swiss bank accounts. It's common knowledge.
GET OFF YOUR BUTT AND CALL YOUR REPRESENTIVES, DEMAND THEY SUPPORT HR 1207 NOW OR WE WILL VOTE THEM OUT OF OFFICE!!
The time is NOW to free our nation and the generations to come from being plantations slaves for the private banking cartel -which currently rules our nation!!
I just don't understand.Our Government invades countries and steals natural resources from everyone but they fuck us the hardest.We should be walking around saying "Guess what we just nuked the entire Arab region and we now have enough money to cure cancer,send all of our kids to college,and retire with full benefits at age 45.Oh well the whole world hates us because of the greedy businessmen that own our government but it's ok we're slaves with nowhere else to go.
where was the debate? did u tape it or something? was it on cnn? if so, post it so we can see the faces of when the reporters find out their making less than they get paid >:(
Funny as hell.....For the last 6 months, my local bank now wants a secondary signature on the withdraw slip and my ID card for withdrawing a few hundred US dollars.
No wonder why our government, by 2010, want all workers to have direct deposit instead of check-to-cash payment. The U.S. Government want to make people "creditized" their values, but do not want to recontruct our U.S. currency.
The Chinese are good savers while the Americans all live on debt, therefore the solution is for the US to sell its treasury bonds to the Chinese. Now consider the possible ramifications of that?
A bit confuse and hoping someone can help the ignorant. So what is the benefit of purchasing gold and silver? Searched through the comments and some one said "remember you are not making money you are storing capital. "
When you buy them and save it, you are storing the value of the dollar you used to purchase it. So when inflation happens (the value of the dollar drops) since you didn't have dollars but raw material, you are generally safe from the inflation, so if you cash in the material after an inflation, you are getting more currency in return.
wait a second.. your other video was so proud to tell us that the price of gold stayed at 21$ an oz for some 80 years so now you are saying some inflations is good?
I like paying the same for gas & bread for years... rasies at work should come from increased profits not due to inflation..
how do you eliminate money? there has been money in some form or another even going back to ancient cultures. to some it was shells, beeds, arrow heads, pottery...but to most it was gold and other precious metals. money is derived from the desire to exchange goods. if you are talking about a socialist utopia where everyone shares resources...it doesn't work. money wins.
Your video is very accurate! Federal Reserve is a private bank, which is allowed to create money out of thin air as economist Mike Darda said on the CBS News with Katie Couric on 12/16/08. Paul Volcker said on the PBS program The Accent of Money on 1/13/09 the dollars value is based on confidence, its just a confidence game.
The gold standard was gotten rid of to base currencies on Gross production per capita. Inflation wouldn't do a thing. It's unemployment that is bad since there is less production per capita. More money printed will cause things to stabilize. But there may be ajustment problems at first. It depends on if they dump all the money at once or dole it out over time.
RON PAUL 2012! Save the Dollar! Save America! Save the World!!!
N8Revolution 4 months ago
@N8Revolution ron paul is the antichrist, hes a HUGE hoax and set up to everyone, just like alex jones, david icke, and all those type of poeple.
ovechkin100 3 months ago
RON PAUL 2012! Save the Dollar! Save America! Save the World!
N8Revolution 4 months ago
update... $23,355.00 today......is there a "For Sale" sign out the front of Fort Knox yet ?
would be a good place for paintball, all those empty rooms
sorry to sad to be serious :(
leel66 6 months ago
You make the point very clearly that the dollar dose not follow the gold standard. So why use it to compare inflation. A better way of doing this would be compare how much things cost like a can of Coke a big Mac things that people actually bye. Gold has gone up in price because of a lake of confidence in central banks ability to pay there debt! Yes inflation is a problem the world over but gold is not a good comparison.
hardfishs 9 months ago
Great video you speak the truth! To think think gold now is almost at 1500$ an oz! I don't see any drop in gold and silver any time soon.
93FordGt 9 months ago
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They shall cast their silver into the streets, and their gold shall be [discarded] like an unclean thing or rubbish;Ezekiel 7:19 (Amplified Bible)
SEETHETRUTHb42LATE 10 months ago
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want to help crash JP Morgan? Then become an agent for a German bank expanding worldwide over Feb/Mar 2011. Just click on my name and visit my channel to find out more about selling Gold Kinebar and Silver Bullion. Free sign up. Free support. Free website. Loads of information on my channel. Check it out
I look forward to working with you.
Kevin J Duffy
workinbullionwithme 11 months ago
The relative worth of $20.00 from the year I was born, 1970 to 2009:
$110.00 using the Consumer Price Index
$90.20 using the GDP deflator
$116.00 using the value of consumer bundle
$114.00 using the unskilled wage
$133.00 using the Production Worker Compensation
$181.00 using the nominal GDP per capita
$272.00 using the relative share of GDP
KenMacMillan 1 year ago
This is a very accurate summary of what are economy has come to today, and its absolutely mind blowing. please watch this video i enjoyed it
nathan263499 1 year ago
You can sign up for free, No monthly fees & no time limits to buy GOLD. Sign up 10 people who buy $1,000 in GOLD, YOU GET 5,000 EUROS!! It's REAL!! h t t p : //bit.lyeeyzAL
abrooklynnigga 1 year ago
THE DOLLAR HAS NO VALUE EXCEPT FOR EXECPTION, ALRIGHT? GOOD YEAH BABYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY
tk291100 1 year ago
Ron Paul REVOLUTION 2012... Only we can Save America...
Alldaysteve1 1 year ago
@Alldaysteve1
I suggest you read up on Ron Paul's other policies. Sure, he has some great policies that he always talks about so much publicly, but his other policies are nasty. He wants to get rid of welfare programs like medicare, unemployment, and pretty much all government safety nets. He wants to deregulate Wall Street and banks, which is what caused the 2008 crash in the first place. And much much more.
Don't be fooled by his face value policies.
EliteKiller07 1 year ago
@EliteKiller07
You're a fool. Allow me to educate you. You can't get something for nothing... The U.S is BROKE and has to BORROW 3BILLION per day just to stay afloat. The entitlement of medicare, and unemployment benefits is UNSUSTAINABLE and yes, will have to be cut to balance the HUGE National debt... Hopefully for you China keeps loaning the US money so you can eat.
Alldaysteve1 1 year ago
@Alldaysteve1
Yes, they are sustainable.
Have you ever pondered what happens to people that lose their job and can't get any money? THEY STOP SPENDING. Therefor, the economy gets worse. In FACT, government spending on unemployment has a fantastic multiplier effect. For every dollar that we spend INVESTING into unemployment generates a 1.90 in economic output. Unemployments stimulates the economy, this is a FACT. Without it, the economy would just get worse and worse.
EliteKiller07 1 year ago
@Alldaysteve1
What we need to focus on is our defense budget. THAT is what's unsustainable. Things like social security ARE sustainable. We actually had a 2.7 trillion dollar SURPLUS in our SS budget, until the government stepped in and spent it on the war and such. I suggest you do your research before you call me a fool.
EliteKiller07 1 year ago
The only thing dollar bears keep pretending is that the dollar is plunging. Truthfully, it isn't. It is only down very slightly over the past 5 years vs all major currencies.
1dgg9h4dr6ppp8 1 year ago
A little inflation is a good sign. A little deflation is also a good sign. No inflation or deflation is the best case scenario. Too much of either can ruin an economy, unless the economy grows as fast as the currency inflates.
redarrowhead2 1 year ago
This one is easier to understand. Thanks!
NewVahan2 1 year ago
its like having a real g/f rather than a sex doll.
licksuck 1 year ago
Gold is real, money is fake? simple.
licksuck 1 year ago
The heck you idiots think why their are so many advertisement offering Gold for Cash. Gold keeps it value consistantly while the dollars are dropping by inflating more money into the system. Blame the Terroist and Blame George Bush for not finding a better way to resolve the problems of 911.. blah blah BYE
licksuck 1 year ago
yes the war ON TERROR IS THE MAIN problem the Russians went to war in afghanistan and the war broke their country's economy
salmer666 1 year ago
Another short great video that makes it plain...
Romello4u 1 year ago
Comment removed
ssgkillsuall 1 year ago
In january 2011 at a price of 1400USD instead of 930$
it would be a lot more than 6000$
racenemo 1 year ago
Great video! More mechanics on explaining inflation in a succinct video. For more info on the US monetary system, search "Why we are in so much debt" on YouTube.
69vmac 1 year ago
DOLLAR VALUE DROPPING
Sept-17-2010 INFORMATIVE INFO
GOVERNMENT MORTGAGE RELIEF
1-800-270-2928
88888FORCE 1 year ago
Also to note. He keeps referencing public debt as one of if not the only cause of inflation. Please not that right now Japan has a dept to GDP ratio significantly larger than the USA's. Regardless of this Japan is facing major deflation and the Yen is getting continually strong versus other world currencies. Believe it or not Japan is trying to curb this deflation. This video isn't news. It isn't even that informative or helpful. All it says is you should have invested in gold. Hindsight = 20/20
TheDJEON 1 year ago
So wait... he is valuing the dollar and solely the dollar against gold and only gold? Isn't it a much better explanation that gold has simply gotten more valuable and thus would have been a good investment? I mean hell if all of the sudden we discovered gold was much more plentiful and accessible than previously thought then all of that gold you bought with your 8000 could suddenly be worth significantly less. This is not how currency works. This is how investing in gold works. Such garbage.
TheDJEON 1 year ago
What you mean is not that the value U.S dollar has droped, but the value of the Federal Reserve note is dropping. A Federal Reserve is not a Dollar, only a promise to pay a dollar. A silver Dollar is a dollar, not a bank note, nor a promise, but a dollar! You can get more than one FRN for a Silver Dollar. You can still get one Silver Dollar for a Silver Dollar. The value for the Silver Dollar has not droped. Now they both can't be Dollars!
Federal Reserve note is not money, it's a bank note
turiluna 1 year ago
@turiluna
Not that is the real truth!!!
southernreign1 1 year ago
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time to drop this monetary system. and start using the scientific method on everything its time to wake up and look forward with out our technology being held back with FAKE MONEY and see that there is NO REAL SCARCITY just MAN MADE SCARCITY. This man made scarcity is just to validate the monetary system. look past this illusion. Move to a resource based economy. No classicism, everyone's life will be improved even if you are the richest man in the monetary system right now, all life is better
killerokam 1 year ago
@alan78456able
Hi, thanks for your reply.
Euro flying from 1.55+ to 1.20- doesn't make it reliable yet, regretfully... 60 - 20
So it should be sth like 1.40 I think. Ger & NL export a lot, good for them while low but not for a European continent in total. Big players should just stop those gambling games against allies ! and friends ? :-/
RockTheOcean4me 1 year ago
i am concerned that the big wigs will flood the market with gold.....and drive down it's value against the dollar.....what do you think?
JimmyV29 1 year ago
Thats the price USA have to pay for been the POLICE OF THE WORLD... Inflation, terrorist, suicide, unemployment, fear etc... But the big problem is that what USA do affect a lot of countries. I hate that really, why here in Venezuela we have to live with fear because of the dollar is the dollar increase we cant import stuff. Thats why I support China as the next World economy, they are going to beat USA without playing in a war of fear against the world.
America Rocks, USA SUCKS! Good luck.
angelmperez1 1 year ago
If this the case, why is the dollar not worth 25 cents Canadian. What is holding it together? This video was valid twenty-five years ago, but there is something really strange going on because the laws of economics are being defied.
One theory may be that the lenders don't want to lose 75%...it wouldn't hurt my feelings if they did.
caninechezmo 1 year ago
i thing i have to thank you for all of us learning a differant way to understand our world economic....i think every one rich or poor should know more about what is realygoing on..so pls kept making these video and thanks also to internet and you tube so we all can share these information
Serge..from canada
3742serge 1 year ago
Our Euro is only worth 1.22 now, that is unfair.
There was an unpleasant, unfair (political) show to bring it down by UK and USA.
Europe will respond to that, just follow your Nasdaq, currency etc. from now on, we can do the same... You seriously pissed off some ppl here big time !
RockTheOcean4me 1 year ago
SOUND LIKE THE 401K PLAN
arphaxad1000 1 year ago
This guy is very good!!! :-) Check out my channel also... it is Golden!
toddsilverngold 1 year ago
i found a new company where you can start collecting gold and silver bullion coins, and make money helping others start collecting with you. save your self your friends and family. want to know more email me at gowen3 hotmail put in the headline( help me ) build wealth collect wealth preserve wealth
easymoney383 1 year ago
cool i
easymoney383 1 year ago
Nobody needs to believe any of this--it's a totally personal option. This is the actual situation, laid out clearly and concisely with no hyperbole. It is the absolute, undiluted truth. We're approaching a situation similar to that in Germany in the early 1920's. We're in a period of financial illness, and we'll make it through to the next stage of life. Or we won't. Nature doesn't care one way or the other. I do. Gold.
buzzclick500 1 year ago
Great history lesson. Quiet unsettling. I do recommend a great book from Michael Maloney on the subject: Guide to Investing Gold or Silver. A Rich Dad's Advisor series. Great motivator to start buying Silver... and Gold if you can afford it. Not such an easy task unless you are sitting on a lot of cash... but there are ways. Would lover to post your videos on my website if you don't mind.
FreeGoldorSilverTV 1 year ago
GOLD IS REAL MONEY ! THAT IS IT !!
letnamsiew 1 year ago
To all of you who liked this video. 97,5% of the voting viewers did. The video claims that inflation from 2004 to 2008 was 44% (to see that you need to both know both subtaction and divition of numbers). The official estimate is14% for this period, about 1/3 of the claims made in this video. Inflation of 44% would imply that prices on goods and services in USA would on avarage almost double. Does anyone really believe that took place between 2004 and 2008?
jahege 1 year ago
@jahege Sadly, yes people will believe that after they watch this video. This video seems to promote more fear mongering than real news, but what doesn't these days.
JoshMcRay 1 year ago
this might be a stupid idea, but when our government needs money, why don't they print counterfiet and use it on the other countries instead of actually putting it into circulation, our economy wouldn't change, but the other countries would, i think that idea has its ups and downs.
VinRobz 1 year ago
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BRD 2010 - schlimmer als bei Stalin!
Heutzutage wird das eigene Volk subtil und hinterfotzig vernichtet und zerstört.
-Unterwanderung mit Millionen Muslimen und Arabern
-Volkspsychiatrisierung
-Verfolgung politisch Andersdenkender
-permanente Polizei-Schikane
-Geldsklaverei
-Zerstörung von Gemeinschaft,Ehe und Familie
-Tausende Bürger verschwinden
Gehts schlimmer ?
DerAdler2 1 year ago
I am very informed by your videos. Thank you very much.
overpowerradio 1 year ago
Canada got out of that problem.
EmotionalKing 1 year ago
sell alaska to the russians, texas to the chiness , california to the french, washinton to the saudies,
mickyboy200768 1 year ago
invest in the pound and euro and then oh look tourists and we are saved
markjoachen 1 year ago
this is the only way to eliminate all entitlements...reset!!
go2thebeach 1 year ago
EXCELLENT!
mkmason2002 1 year ago
damn it! what the hell do we have to do, to make this stop happening?
chanel6548 1 year ago
the federal reserve has to stop printing money because there is to much in circulation. if there was less in circulation, we would have a greater percentage of the circulation and prices would adjust to that
TheRetard1030 1 year ago
@TheRetard
The fed won't stop printing. They have the guns. End of story.
When it gets bad, they'll print...and hand it out to their cronies and families.
Human nature is very predicable.
Voting won't help. Guns beats paper.
threebobs 1 year ago
heres another look at the euro / dollar problem:
watch?v=FgBMcft81es
sonotnews 2 years ago
Gold (physical)will go to 50.000 $/oz!!!
DerAdler2 2 years ago
TIME'$ "Man of The Year" Award? Big Ben Bernie?
How About THE PONZI PERSON OF THE DECADE?
The Big Ben Bernie Buck$ Bubble is Bound to Burst: BIG-TIME!
HYPER-INFLATION Cometh: Zimbabwe $tyle $oon... Thanks Ben!
GOT GOLD?? Better yet, Scarce SILVER!!!
GOLD/SILVER RATIO is TOP HEAVY!
Load up on Bullion before the Big Ben Bernie Bubble Burst$!!!
Trade Paper FED "Notes" for Real Money & Goods- ASAP!!
Silver $tock? Chart SLW vs "Paper" SLV ETF!
Edumacate Friends on Real Constitutional Money ASAP!!
IAFairMail 2 years ago
everyone stock up on your gold and get ready for this new world order, the elite are gonna get rid of the dollar and introduce a new currency, the amero, which is why the dollar is dropping value so fuck the ilumianti
PLANBpenguin 2 years ago
did anyone else notice the inflation thing pop up for a split second some where between 2:21 and 2:23
ItachiCosplay 2 years ago
wow.
p2pjoe 2 years ago
GOOD STUFF!!!!!!!!
kdwjunior33 2 years ago
Used to be, the government would split money to make sure everyone had their fair share; now, the government splits our money because celebrities are bored of being "billionaires" and now want to be "trillionaires," I think...
alasanof 2 years ago
The answer is SIMPLE.
1) We go back on the gold standard.
2) The government is NOT allowed to borrow money, unless a state of war has been formally delcared.
GrowlinWillie 2 years ago
No, one reason we want to go back on the gold standard is for countries to follow, so we can completely eliminate wars in the world.
Danotto9797 2 years ago
There were wars when the whole world was on the gold standard. The gold standard won't eliminate wars, but it will help force congress and the government to be fiscally responsible.
GrowlinWillie 2 years ago
It may help the federal government and Wall Street to be more fiscally responsible for a while; well, until people that wants to see the numbers for their salaries to continuing going up. They will find a way through the use of technology, even if we go back on some kind of Gold standard. They may update the Gold standard to a modern Gold standard and be very secretly discrete with increase the amount of Gold in circulation.
I think we will print our way back to a manufacturing economy.
kevin10987 1 year ago
The beauty of the gold standard is there isn't inflation, so there's no need for salaries to keep going up, in fact they can't keep going up, and they shouldn't. In order to have some new program, like rebuild new orleans or prescriptions for senions, it will require a tax increase. And those taxes will have to be paid in gold. People won't want tax increases, so there won't be all these new programs.
GrowlinWillie 1 year ago
This has been flagged as spam show
Dont let people scare you about the dollar all other currancys are based on the dollar. Lots of gold salesmen are trying to scare you into buying their gold at high prices thats all.
IWashMyOwnBrain 2 years ago
youtube disabled your video response..section......???...HUMMMM...322
322skull 2 years ago
The truth is that official inflation is an outright lie. Gold is the true measure of inflation and its rampant. Inflation is the hidden tax of debt based money that has enslaved the world and given banks massive power. The Bank simply uses your loan contract to create a deposit and then demand u pay it back WITH interest.
Its time to wake up to the Fraud and the Tax that debt based money is.
wazza33racer 2 years ago
no u suck like a prostitute so swallow that
shaniquagarrett 2 years ago
The same inflation exist on monies borrowed. This means that if I borrow $100k today, in reality it is only $60k in 5 years.
nathandayton 2 years ago
what is pretty dam wierd
the dollar ranks 3rd in the world
1st euro
2nd pound
3rd dollar
the dollar value is worth alot in the world in japan its about 6yen 6 yen is 1 us dollar becaues of so called world market the dollar wount really have big fall back on infaltion but when inflation gets so high then it will drop but world makert can mess with it to keep its value.
the world market is to compucated and corrupted that the dollar i really cant see falling.
RealPhilosopher 2 years ago
The pound is the most valuable.
chazmercer 2 years ago
plz realaized that i post that 2 weeks ago so the ound could have out run the euro
RealPhilosopher 2 years ago
popularity does not measure value
shaniquagarrett 2 years ago
GOLD/ Silver is the Central Banks Kryptonite!! They hate when you buy it and yes they know when you do! So what you going to do Superman?
buzzz121 2 years ago
Napoleon was wrong, it should be "Gold gold gold!"
darkhorni 2 years ago
>.>' Who the fuck came up with inflation in the first place?
johnt20 2 years ago
support
llVIU 2 years ago
time to buy gold
shedininja001 2 years ago
Wrong! Time to buy Palladium!! Think outside the box.
buzzz121 2 years ago
it can only mean one thing
motormonkeyNL 2 years ago
This is from 08, where does the value of the dollar stand now?
Yoetah 2 years ago
testing.1.2.3
seizure0 2 years ago
I am lucky to have the Swedish crown!
beginmaster 2 years ago
Wow such an eye opener!
PrincetonWashington 2 years ago
the USA is a tool of the NWO. It is no longer sovereign
WHEREtheFUNK 2 years ago
Same for PLN (Polish Złoty)
pbgamestudios 2 years ago
The usa can't go back to a gold standard for 3 main reasons;
a) There isn't enough gold in the world to underpin ALL the trade in goods, commodities, insurance, business deals & loans that occur on planet Earth. Even 20x more gold wouldn't be enough!
b) The usa has NO GOLD. It's even issuing IOUs for gold that hasn't been mined yet. G**gle "deep reserves gold" for more details.
c) usa's economy has died & the $ is being dumped. Now isn't a good time to do something dumb like go back to gold.
flangelet 2 years ago
you are absolutely right
ooi123456 2 years ago
well the dollar is still higher than the euro.
DMDevote 2 years ago
Is it?
Are you sure?
flangelet 2 years ago
yup
DMDevote 2 years ago
I am from Germany... buying Gold and Silver
SalseroArgentino 2 years ago
i don't understand how its not making money and is 'just a hedge against inflation'... can you please explain? suppose for example i bought an ounce of gold for $1000 and then the price for an ounce of gold shot up to $5000 and then i sold that same ounce, wouldn't i have made a $4000 profit? also i live in australia so.. i'd be buying and selling in aussie dollars... let me know if you can!
DaveC86 2 years ago
you would have more dollars, but the buying power of each dollar is less. so the value of your money has remained the same.
FarangBalls 2 years ago
Money is like damned baseball cards. Run on the banks and bring them down!
BankRampage 2 years ago
gold is a commodity subject to manipulation just like any other commodity.
also the dollar dropping in value is a 2-edged sword to the world. So don't get your panties in a wad over that.
scared money is the only thing that looses value.
sealz101 2 years ago
I love how this guy says "video" its hilarious
WestPictures 2 years ago
Here's a question no one has answered for me. Feel free to reply with opinions.
If we have inflation why do taxes continue to rise? (I really know the answer) If a car cost $10,000 and next year inflation goes up and the car now cost 12,000 wouldn't the government already be making more in taxes just due to inflation? So why raise taxes if inflation takes care of government by giving the more tax money in the 2nd yr. The year the car cost 12,000.??? Please chime in.
Take care.
HaggaiVS8 2 years ago
its cuz the government is wastiing money ona sensile war againsta country that neever attacked us
thezamzie 2 years ago
What are you even responding too? I've made many comments on here and I have no clue what you're talking about. It might be the "cuz" or the Spanish that I don't speak. Or perhaps it's the "againsta" that I don't understand or last but not least it could also be the "neever" I don't get. If you really want to communicate with me and share your ideas please come back with cleaner English.
HaggaiVS8 2 years ago
the Taliban attacked us plain as day on 9/11. Are you blind or just retarted? Or wait, you sip the conspiracy theory kool-aid like everyone else?
DMDevote 2 years ago
iraq didnt have nothing to do with 9/11
thezamzie 2 years ago
Aw, dude, you PMed me and I tried to PM back and here you don't allow PMs. Not interested in conversation? Just preaching?
Anyway, I was trying to PM you that I actually like most of what you have to say, especially on money & the war.
Sending PMs while not receiving PMs is a tactic worthy of a politician. lol
LeoHareMusic 2 years ago
great video...its just that we cant do anything about it. At least I know I can't, but great point!!!
NelDog420 2 years ago
Try not to become a man of success but rather to become a man of value... - Albert Einstein
spacey5ify 2 years ago
What was bullshit that is about the Economy is right now the stock market and other agencies are plummeting, alot of stores that i go are filed bankruptcy, like Circuit City, Pharmacy stores, resturants, etc. some were 50% off from the original price, homes are filed with repossesion, claimed, etc.the bollars were ok back then, until in 2008, prices started to drop like hell, and i dunno what might happen to all of the places around the US, when will we have military funding for weaponry or what
WorldToyWrestling 2 years ago
(PLEASE DO NOT BE OFFENDED BY MY COMMENT IF YOU ARE OFFENDED EASILY DO NOT CONTINUE READ ON AND I DID NOT INTENTIONALLY TRY TO OFFEND ANYONE.
Part of the reason Hitler didn't like the jews os because when they went into a depression, since the jews saved up alot of money, they did not want to share with the economy. You said in the video when you save up money it would get nearly halved. Hmm......
010arman010 2 years ago
I'm not offended. But then should we not save our money and be wise with it? I want to save for a house. I don't want a bank loan. But I also want a really small house:) Should I not save my dollars instead of taking a loan and then next thing you know, I've lost my job or something big happens and I can't make the payments. I think it wise for a man to save his money. But Hitler was also a mad man so.... yeah. Tell me what you think.
take care.
HaggaiVS8 2 years ago
Saving your money is bad. "Saving" implies it rotting in a bank or for that matter under your bed, constantly losing it's value. Invest your money in something safe to increase the amount of your money by just enough to beat inflation. That way you do not "lose" any money (but in number terms it will look like you gained money). If you're lucky, you may beat inflation by a large amount, which would you mean you really did gain worth.
Allicient 2 years ago
I don't keep money in the banks, except enough to pay for bank drafts of my truck payment, bills etc. Right now no bills are do. So I have .35 in one account and .01 in another account. I buy silver and gold. More silver though. So how should I invest it with intelligence? I don't believe in paper investments i.e stocks, and things of that sort. What would you suggest? Thanks for the comment
Take care man.
HaggaiVS8 2 years ago
Let me get this straight,
if the dollar was to raise in value again, then price of gold would dropping right?
So investing in gold is stil tricky bussiness... aint everything tricky ;d
TVAExtreme 2 years ago
yes thats why china wants to make only one currency for the world
famousfahad 2 years ago
mh so just a couple more years then before they have world domination
TVAExtreme 2 years ago
and they make are food there too =P
TheMuffinManshow 2 years ago
lol, at least you don't live in England. Were in a recession, does it get any worse?
CSM60 2 years ago
There is a major problem with your argument. The price of gold fluctuations do to supply and demand.The rise in the price of gold vs the dollar is not due to inflation but because of the economics of supply and demand
While inflation occurs its at a much lower rate than this video would make you think.The real problem that we must watch for is hyperinflation (like Germany after WW1). Few people except drug dealers keep most of their money in cash so regular inflation won't be a problem for them
brockunc 2 years ago
We live in a time of some of the worst price fixing in commodities history. Then this rubber band snaps back on all the people that are asleep a lot of them will lose everything. This will happen so fast people wont even be able to react. It is just a matter of time.
therealweeklynews 2 years ago
When you say *just a matter of time*...What time do you personally think it will happen?
xvmon1 2 years ago
Ha, rubber band did break oct-nov already..give it another 1- 1.5yrs will get worse..false rally on at the moment.
scorpiusaries 2 years ago
@brockunc : The price of gold fluctuates according to who has the most of it at any given time. As of 1980, that's Switzerland. And they stole most(maybe all)of it from various peoples and nations. Nixon had many friends in the Mafia who held secret Swiss bank accounts. It's common knowledge.
buzzclick500 1 year ago
@brockunc dddddddddddddddd
easymoney383 1 year ago
^^
greate i cant wait for the nexst vid
DDAAIIM 2 years ago
in Jan 1970 gold was $34.94 an ounce
Wow
vdubs4life1964 2 years ago
seen it good stuff..thats why im watching this..
SmokinFuckenKush 2 years ago
this is just the tip of the iceberg, watch zeitgeist movie for more detailed information. REALLY!
catch22orr 2 years ago
yhe same things happening here in the UK as well. i dont no if u call it the credit crunch in america, but thats what we call it here.
pppfan12345 2 years ago
well i work with gold and i seen nothing but the drop of the dollar
bring the gold standard back and shoot the bastards who took it out
colo4life360 2 years ago
If the US would return to the gold standard they need to BURN 95% of the dollars
racenemo 2 years ago
GET OFF YOUR BUTT AND CALL YOUR REPRESENTIVES, DEMAND THEY SUPPORT HR 1207 NOW OR WE WILL VOTE THEM OUT OF OFFICE!!
The time is NOW to free our nation and the generations to come from being plantations slaves for the private banking cartel -which currently rules our nation!!
END THE FED!!!!
SilverWealth23 2 years ago
Good video, I already knew about this from prior research, but you did a good job of introducing the public to a serious issue.
fuckreg 2 years ago
I just don't understand.Our Government invades countries and steals natural resources from everyone but they fuck us the hardest.We should be walking around saying "Guess what we just nuked the entire Arab region and we now have enough money to cure cancer,send all of our kids to college,and retire with full benefits at age 45.Oh well the whole world hates us because of the greedy businessmen that own our government but it's ok we're slaves with nowhere else to go.
defendant420 2 years ago
hmmmmmm
Inflation in a nutshell
flyingmkyman 2 years ago
good video
chrisnissan350z 2 years ago
simple. end the fed. restore the issuance of currency to the treasury where it rightfully, and constitutionally belongs.
dcm05002 2 years ago
i agree but you actually would be making making by investing in precious metals, not just hedging against inflation...
donniebrasco24 2 years ago
where was the debate? did u tape it or something? was it on cnn? if so, post it so we can see the faces of when the reporters find out their making less than they get paid >:(
bubsy385 2 years ago
cnn is lik the biggest brainwash news show out there they tell you totally false information and make America seem innocint even thouh they arnt
mastermclovin0 2 years ago
Thats funny considering CNN is one of the Most liberal news networks in America
thebluemaggot 2 years ago
therealweeklynews-
what r we on if were not on a gold standard
hi392 2 years ago
The good will of the government.
Literally
geassfan112 2 years ago
support
Jack879455 2 years ago
WTF Why cant i vote on comments!?!?!?!
RMAworld 2 years ago
it's the channel's decision. The point is to get people to actually write comments rather than just rate in order to get dicussions going.
Bobalithmiss1 2 years ago
Funny as hell.....For the last 6 months, my local bank now wants a secondary signature on the withdraw slip and my ID card for withdrawing a few hundred US dollars.
No wonder why our government, by 2010, want all workers to have direct deposit instead of check-to-cash payment. The U.S. Government want to make people "creditized" their values, but do not want to recontruct our U.S. currency.
doctorofghetto 2 years ago
ahhhh, the world is going crazy
shoutforme 2 years ago
The Chinese are good savers while the Americans all live on debt, therefore the solution is for the US to sell its treasury bonds to the Chinese. Now consider the possible ramifications of that?
peterpedant 2 years ago
whoa
luiszero1990 2 years ago
This would be a very good video to show in an economy class in school!
Rubberman202 2 years ago
TRUEEEEE
Vineweaver 2 years ago
great video!
Lecan93 2 years ago
amazing
u r simply amazing
everything i thought i knew and wondered aout the economy is answered
u r amaing
julsdoc67 2 years ago
0:45 to 1:24
Explains inflation PERFECTLY.
moss257 2 years ago
Truth o.O
silversobe 2 years ago
A bit confuse and hoping someone can help the ignorant. So what is the benefit of purchasing gold and silver? Searched through the comments and some one said "remember you are not making money you are storing capital. "
what exactly does that mean?
Bonehimer 2 years ago
When you buy them and save it, you are storing the value of the dollar you used to purchase it. So when inflation happens (the value of the dollar drops) since you didn't have dollars but raw material, you are generally safe from the inflation, so if you cash in the material after an inflation, you are getting more currency in return.
Brewhahh 2 years ago
aah, I see. Thanks a lot.
Bonehimer 2 years ago
wait a second.. your other video was so proud to tell us that the price of gold stayed at 21$ an oz for some 80 years so now you are saying some inflations is good?
I like paying the same for gas & bread for years... rasies at work should come from increased profits not due to inflation..
cds052 2 years ago
when did you experience paying the same for gas and bread? i would like it too though.
DonPaulPro 2 years ago
what if we eliminate money from this silly games of life? anyone? support me-
ThRaShErScAn 2 years ago
how do you eliminate money? there has been money in some form or another even going back to ancient cultures. to some it was shells, beeds, arrow heads, pottery...but to most it was gold and other precious metals. money is derived from the desire to exchange goods. if you are talking about a socialist utopia where everyone shares resources...it doesn't work. money wins.
mayt7 2 years ago
good video!
imaginator 2 years ago
The best explanation of inflation I have seen.
MattC455 2 years ago
That was a very good film . What do you think about the idea of switching from a bank to a credit union ?
haamerfest 2 years ago
Yeah... I don't think making copies of 1,5,10,20,50,and 100 Dollar bills is the best idea.
Ortega2Productions 2 years ago
Your video is very accurate! Federal Reserve is a private bank, which is allowed to create money out of thin air as economist Mike Darda said on the CBS News with Katie Couric on 12/16/08. Paul Volcker said on the PBS program The Accent of Money on 1/13/09 the dollars value is based on confidence, its just a confidence game.
AInero 2 years ago
"The gold standard was gotten rid of to base currencies on Gross production per capita."
America = 70% consumption and only 30% production.
"More money printed will cause things to stabilize"
Wrong.
EmpireStrikesOut 2 years ago
Investing in gold was a good idea - but the question is what does a dollar buy in the street.
Housing got cheaper, gas got cheaper again, schools do cost nearly the same.
Remember Gold in 1980 ?!
ising8288 2 years ago
diggggggggg
omgimgfut 2 years ago
The gold standard was gotten rid of to base currencies on Gross production per capita. Inflation wouldn't do a thing. It's unemployment that is bad since there is less production per capita. More money printed will cause things to stabilize. But there may be ajustment problems at first. It depends on if they dump all the money at once or dole it out over time.
wallstreetfox3 2 years ago