Are Bank Laws Causing Deflation? - Mike Maloney of WealthCycles.com

[eyesontheplanet]

Nicely produced videos. Congrats to the technical people. And very interesting topics.

[lauratdrummer]

You're like the best economics, finance, and world money teacher in the world! Without you I would have never cared to care about this topic, mostly because I just didn't understand how the heck the world system of money/banks, inflation, deflation, hyperinflation, precious metal thing worked. You're awesome!!

[Silverbugish]

Hi Mike. Love your vids, would you talk to us non subscribers about the cause/effect of the current silver smashdown? -Todd

[irish164321]

Thanks Mike!

[speakingpower]

Hi Mike, great video, thanks for posting!

[stretch34318]

I wouldn't call it deflationary, just not as much inflation. I would agree that fractional reserve banking accounts for about 90% of the money supply, but the fed is still printing money like crazy. Even if the banks stopped lending all together, there would still be inflation caused by the fed, just not near as much as there would if the banks were wrecklessly lending.

[ytgv3fc7]

@stretch34318 would it be recklessly lending if each FDIC-backed bank bought 20% of their assets as Treasury-debt?

What if that was a regulatory condition of being FDIC-backed?

What if this regulation actually exists already but just isn't being used?

[sinhowww]

What took you so long to post another video? I subscribed all your channels but lately you guys are not uploading much...pity :(

[TheSilverGuild]

Mike Maloney saved my life. I have heavily invested in precious metals because of Mike and it has payed of big time for me. Cheerz Mike your the man!

[7Losses]

Thanks Mike.

[whygoldandsilver]

@TheWeeklyTelegram Mate we are in Florida drinking beer with The Mogambo! Catch you soon :D Dan

[KORKONEASDOLOFONOS]

Mike Maloney, I just want to tell you something nobody even thinks to ever tell YOU this:

BUY GOLD.

;-)

[n3rdm4n]

People not quitting their job is going to push salaries down.

[TheRockToronto777]

Gold and silver are obviously a good investment but you need to know when to get out. I don't think physical gold is a good investment...have you tried to sell your gold? You 'll get 75% of the spot price if your lucky.

I see the 1980's type inflation hitting us again. Gold hit a high of $850 back then (>$2k in today's dollars), but then it dropped by 50% shortly thereafter.

Go for the ride...just make sure you jump before the ship sinks.

[Lengarces]

@TheRockToronto777 If you buy 1 ounce gold coins, you can sell them to reputable coin dealers for 3% under spot or better. Usually you pay 5% or so over spot to buy. So the total cost is about 8% which is high but if you can make 100% like many people did in the past few years it is still a good deal. What I do is I try to buy from friends that are selling and I pay them spot. Then when I sell I try to sell to a friend who is buying at spot. Cut out the middleman.

[haxidle]

@TheRockToronto777 This time round its about Fiat currency collapse .... so %50 drop unlikely, however if such a scenario did take place, it will be met with hyperinflation hence a major rebound in the price of Gold.

[favorunmerited]

@TheRockToronto777

Dude, the local dealer here (Twin Cities Gold and Silver) is paying bid, and making up its margin on the sale, because they can't keep silver, and to a lesser extent, gold, in stock. What we're looking at is not a rare earth bubble forming, but a collapse of the dollar bubble. YouTube 'The Secret of Oz' to see what we're up against.

Thumbs up to send people to bstill3's account to see 'The Secret of Oz.' His two hour video explains what got us here, and how to get out.

[kcirdrab]

This guy's got a great presentational style, bags of class

[cloudagain]

Hi Mike,

since following your channel, yes I have been investing in physical PMs and it has been rewarding... but perhaps most rewarding is that you have genuinely sparked a deep passion for learning economics, world events, and knowledge in general. as silly as this sounds, i now live a healthier lifestyle, save more money and buy less junk, and spend much more of my leisure time learning. Thanks for the eye opening inspiration!

[ytgv3fc7]

@WealthCycles I guess it's a good thing there's no regulation to force banks to buy Treasuries thereby forcing a loan to the government.

Or ... is there?

Is there such a thing as "Repression" regulation?

[MrCheckitout123]

regarding mortgage sector, long trem finaning, interest only loans, mortgage tax loop hole, mortgage programs that still to this day allow buyer to purhcase beyond thier means with littel out of pocket, all these program are straight forward lending pratices. so if the bank can use these program to support inflated values of all sectors, i can only imgaine what they have on thier book that the regulator are red flaging.

[gsmmadness]

OFF TOPIC.. CHECK SILVER PPRICE RIGHT NOW!!

[SmokinJoeTrainer]

@gsmmadness Good call, the metals earthquake is a'shakin'.

[bastardchildofmary]

Hey Mike, I think someone needs to explain the difference between ''transparent'' and ''invisible'' to the fed and the banks. lol [and the gubberment, etc.]

[vicmcc]

Mike or any one else, I see something interesting, in Mon. Base and M2 perhaps even M3, Both are increasing at rapid paces, but MB is increasing at a much faster pace then M2, by these estemates we should see a 1.98X M2 over MB which stands at 3.52 or so by 2015. Will theses final ratios come to 1 to 1 and not allow assets to deflate bc the printing of MB increases, and have the FED redeem the currency even if the banks have trillions of excess reserves?

[davincij15]

Like Peter Schiff said gas has never been the cheep priced in legal constitutional tender gold and silver. I can buy a gallon of gas for less than 10 cents.

So yes I love the deflation.

:)

[2leet2cheet]

@davincij15 ....Im sure oil was at all time lows compared to stock portfolios before the dot com bubble burst....You could say the same thing about oil being the cheapest ever in comparison to home prices before the most recent crisis....Peter Schiff is retarded...

[possetraxxx]

good banks should be transparent regardless of the consequence . Bankers caused this mess and should be behind bars with a cell mate named bubba. who cares if this system fails ? those who depend on it the most . Not people who have real skills but white collar people who need to learn real world skill thats what made us strong and it will again if we can put the money changers were they belong behind bars...

[NovusChaoMundi]

Yes or No ? Peak oil is a part of your wealth calculation as well as typical cycles?

[GermanInvestor]

and everybody who doesnt have a job also cant quit this none existing job....

[zalida100]

@GermanInvestor Yes, that probably slightly affects this number mike mentioned as well. Good point.

[BMWg84]

@KrugmanTheCharlatan

Sorry, but you are not that important. He'll hint at it, but advice his close friends before any of the major unwinding begins. We still have a way to go, so sit back and relax.

[horlacsd]

@KrugmanTheCharlatan

Mike will sell when a unit of the DOW costs 1 ounce of gold.

[skybirdbird]

@horlacsd what is a unit of dow and how to you calculate its cost?

[horlacsd]

@skybirdbird

INDEXDJX:DJI

Dow Jones Industrial AVG.

When it hits 1:1 with gold, you know stocks are in a bottom and metals are at their highest.

That's the time to get out of metals and back into stocks.

This may not happen for 2-5 years.

[skybirdbird]

@horlacsd ok... gotcha... tkx...

[jazzeffc]

I think they view: more quitting = more confidence in finding new job

And the graph shows a tiny upturn since the financial crisis, so they think more people quitting is positive. Still got a long way before it returns to pre GFC levels