this prediction is made much easier since we know that the amero currency is on the way that will unify the US Mexican and Canadian currency like the euro did for europe, eventually we will have a single world currency.
My view since I found out about the central banking system is simple and predictable.
The dollar will crash within the next 5 years, and since 70% of world trade is done in dollars there will be major bankruptcies throughout the world and the owners of the fed are going to buy up corporations banks etc. at pennies on the dollar just like they did during the great depression. during such events wealth is transferred not lost.
As the war gobbles up hundreds of billions of dollars, and the economy tanks, could life get any better than this? I sure hope so. Thanks for the short course on the Fed.
Thanks for that. He cleared up one thing. Apparently the Fed straight out bought a whole lot of that mortgage debt with fiat money. I had tried to find out, but it's next to impossible. I am surprised that even he (ranking member of the Financial Services Committee) was able to discover it.
ron paul!
fasted227 4 years ago
this prediction is made much easier since we know that the amero currency is on the way that will unify the US Mexican and Canadian currency like the euro did for europe, eventually we will have a single world currency.
4reel5 4 years ago
wow
reibroker 4 years ago
Nice analysis.
My view since I found out about the central banking system is simple and predictable.
The dollar will crash within the next 5 years, and since 70% of world trade is done in dollars there will be major bankruptcies throughout the world and the owners of the fed are going to buy up corporations banks etc. at pennies on the dollar just like they did during the great depression. during such events wealth is transferred not lost.
4reel5 4 years ago
As the war gobbles up hundreds of billions of dollars, and the economy tanks, could life get any better than this? I sure hope so. Thanks for the short course on the Fed.
bbburton 4 years ago
Yes Ron Paul is great. Also Jive when are you running for office?
StorminNormin1977 4 years ago
Very awesome, there is barely any talk from any of the presidential candidates about the fed. Ron Paul, of course, is the exception.
soulmantim 4 years ago
Tiny Bubbles...
In the wine...
Makes me feel happy...
Makes me feel fine...
soulmantim 4 years ago
But bubbles are so much fun, Jive! Who doesnt like bubbles?
Snowball99 4 years ago
Bubbles pop. Money drops. The poor flops.
Maybe if the fed used plastic bubbles (fiscal responsibility), they don't pop as easy.
soulmantim 4 years ago
great video! Ron paul was on cnbc talking about this
lojpre 4 years ago
Did anyone grab it? (CNBC)
JiveDadson 4 years ago
x_vPUqPTims and qocjt-58o6I
lojpre 4 years ago
Thanks for that. He cleared up one thing. Apparently the Fed straight out bought a whole lot of that mortgage debt with fiat money. I had tried to find out, but it's next to impossible. I am surprised that even he (ranking member of the Financial Services Committee) was able to discover it.
JiveDadson 4 years ago
So it sounds like at least some of that money is a 100% pure bailout.
JiveDadson 4 years ago
i agree, it's very bad
lojpre 4 years ago
The links to the CNBC Ron Paul interview are in the description section now.
JiveDadson 4 years ago
well, former ranking member anyway, but yes
lojpre 4 years ago
Did I oopsie?
JiveDadson 4 years ago
by no means (i'm just a pedantic little recluse who needs to show up to our meetup)
lojpre 4 years ago
it looks like he now is the ranking member at least on the subcommittee on domestic and international monetary policy, trade and technology
lojpre 4 years ago
Great post, really appreciated your effort to explain this...Ron Paul 2008! The inflation tax is very real.
KIDiotequeA 4 years ago
Booya! Tell 'em Professor Jive!
BoruJudasDedrich 4 years ago
Love the Music Jive, very cool.
lokir 4 years ago
"I'm Forever Blowing Bubbles" - The original 1918 version was in waltz time.
JiveDadson 4 years ago
well done,peace
eddietru 4 years ago
The Lawrence Welk Show! A one-a and a two-a.
:)
VonHelton 4 years ago