it's the inflation stupid !

[v19d]

Maybe the Fed should of bought 700 Billion to 1 Trillion in gold instead in 2007

[jiimy21]

his friend is basically saying that hookers & pot cost $ 20 a night for the time of your life.

Silver exports plunge! Possible rare metal export ban. China is getting ready, are you?

[TheRetiredtrucker]

wonder if it's too late to go back to a gold standard? just asking

[MillyVanillification]

@TheRetiredtrucker There isn't enough gold in the world vaults (approx. around 26.000 tons) to compensate for the amount of paper money in the system. All worldwide gold is 0,8 trillion Euros (1.15 trillion USD) in value or 1.8% of the worlds GDP of 2007. This train has left the station in the 1960s. The USD has been devaluated 300 fold against gold since 1800. Your USD is around 0.3 cents worth in a gold-standard world of today.

[CoinsFreedom]

Also a meeting took place in Bolivia solidifying 9 Latin American countries move to trade credits with the new "Sucre" by eliminating the dollar in 2010.

[pomnew]

Great info. Thanks for posting.

[limitedgovt999]

How does the currency swap, which he mentions at the end of the video, cause the dollar to appreciate? He says that foreign central banks were buying assets with the money swapped with the Fed. Isn't buying assets the the same as shorting the dollar?

[doctorofghetto]

A "stalemate" among currencies? Sounds like a form of stagflation...

[smashsamus]

lol "stagflation", is that a real word?

[doctorofghetto]

No. Stagflation is as real as deflation and inflation. Google Video search Zeitgeist documentries for a good overview of what I just mention.

[stagflation2010]

Yes, stagflation is a real word.

[smashsamus]

hmmm.. I was thinkin u got "stag" from stagnant.