@KidDunker312 No, Obama was not the best person for the job. Ron Paul was and still is. Another thing, not being racist but being real here, many black folks voted for Obama for the simple fact that he is black. Obviously not all black folks but many.
@L33thalLee That's simply not true. Everybody has different values and therefore will vote for different people for president. I know people that refuse to vote for somebody that was never in the military But i don't know anybody who would vote for somebody, simply because of the color of their skin.
I JUST RETURN FROM THE HILTON IN MYRTLE BEACH, S.C. TO HEAR RON PAUL.
WHAT A POWERFUL SPEAKER & A BRILLIANT MAN. RON SPOKE FOR 30 MIN. W/NO NOTES.HE WILL DESTROY OBAMA IN A DEBATE!
THE CONVENTION CENTER WAS PACKED! THE CROWD WAS ON FIRE! DR. PAUL HAS THE CURE FOR APATHY!
I AM SO INSPIRED TO WORK FOR RON!
WE NEED BOOT ON THE GROUND FOR RON. GO TO HIS WEBSITE & START MAKING PHONE CALLS, DONATE $ EVEN IF IT'S 5 BUCKS, BUT MOST IMPORTANTLY BECOME A DELEGATE!
@grimygrime Gold always has been the world reserve currency we've just been told otherwise for a very long time its what banks have always used to back up currency and give it real value to stop over-inflation.....at least thats how the world except america does it. The Federal Reserve holds no gold in its banks so all you have is WORTHLESS paper money as your notes have no real value your money is debt with potential imminent bankruptcy built into it
I went to England around 2008 and handed in 120 bucks and got back something like 59 pounds. Of course that was when the pound was trading at near historic high since under the gold standard it traded at 4 dollars to the pound! it was at nearly 2 dollars to the pound. Now the pound is about 1.41. The dollar is also worth a lot when you're not in Europe...it's very strong in South America, Australia, and Asia. And much more closer to the Euro and Pound now. Just pick a better time to go.
hes talkin about going to europe and that our currency is worthless?? well , maybe in 07 or 08, but not anymore, the euro is toilet paper , and now the US is the safe haven!
@idmji89 The dollar is toilet paper as well. Don't forget the US has been printing money out of thin air for quite some time. Europe just started and still has a long way to go before they even reach the amount of money as the US has done. Also look at the national debt of the US and compare it to the debt of Europe. Also look at the trade balance. Europe is way more productive in producing goods then the US.
@Michiel1972 Twenty years ago, I kept telling my friends that a country is only as wealthy as the amount of goods and services it provides. They kept telling me we were moving to a "paper moving" economy. Well, the chickens have come home to roost. We have plenty of paper, but it isn't moving very well. Why< because we don't make anything here any more
@Bunnies4wool go to my youtube channel and check out my favourites there are some great videos about the monetairy system en economics. Ecspecially the lecture by Mike Maloney is great. Also watch "Zeitgeist: Addendum" and "Money As Debt" I, II and III. Saw you are already familiar with The Secret of Oz. Keynes was a fool! For example "The broken window fallacy" shows what a fool Keynes was.
@Michiel1972 who are you gonna believe? The markets or some stats??? I think the market is the best decider. Thats the context i meant. How could we possibly know what the reality is? We can't possibly have every detail and every objective standpoint....since the end of the gold standard the currency is backed by nothing but the sentiment of the markets. THe market decides the value of the currency. THis was done for the "betterment of trade" implemented in the 70s.
@idmji89 It's not about what you believe. Believing is what you do in church. It's about what you know. And I know that the US has a huge trade deficit and extreme debt on which also rent has to be paid. The US govement is devaluing the dollar to about zero. All the pensionfund money and banksavings will be worth zero in a few years. Besides, history has shown time and time again what happens if you print money out of thin air.
@toodle171 Yeah but look at the other choice. It was Obama or John McCain(aka Mr. NDAA) and Sarah Palin. You're delusional if you think they would have been any better. Obama was at least a convincing liar.
@themaniusedtob The Gold Standard doesn't prevent that. Instead of deflation and inflation you have devaluation. Different words same principle. Instead of having the value of currency decided by a market it's decided by congress....who can just pass a law that says ok, the dollar is not worth this much gold. for instance with gold skyrocketing in prices..countries would be devaluing currency right(making their currencies worth less in order to maintain viable exports).
@themaniusedtob This is my main contention with the gold standard not only is it archaic, but it does not prevent the very issues people think are caused by fiat currency. When the world has been on the gold standard we have had inflation, depressions, recessions, credit bubbles and market failure. The history of the world is of bouncing between hard currency and soft currency as political winds shift. 100 years ago people were shouting for a softer currency now harder, just cycles.
@themaniusedtob The only thing that will prevent economic speculation is a citizenry that finds economic theory more interesting than skyrim or internet porn. Not the gold standard not ron paul. people want one off solutions so they can go back to skyrim and porn. Sorry...you want a currency that isn't subjected to political pressures then you have to be actively engaged in the process to avoid that. The gold standard is manipulated. And the dollar was WAY worse than the pound under gold.
@stealthfighter077 Yellow rocks? Your pretty little iPhone, iPod, Laptop/desktop, tablet, TV.. anything electrical you can think of uses gold.. and other rare metals.. and they are running out of it. Look up "unsustainable resource" and "supply and demand" and you will figure out why people like gold I hope..
@morjan11 I'm just saying the world would be better without all these gadgets to keep us distracted from the real problems. Indians said that the white man had a fascination for these things. Consumerism is only bad in the long run. I wonder why idiots get into debt for these things, I really do.
@stealthfighter077 100% agree with you. Unfortunately to fit into modern society many of us are without choice. For one example, there is no source of free journalism or unbiased information without the internet :(
What a sad thing society has become. Depressing.
I often wish I was born around the 1880 - 1900's =[
i like how the republicans seem to think europe is fucked cuz of its socialist model yet most of europe is fine greece portugal is fucked cuz they spend money they didnt have not cuz the model is faulty. but i guess its true that americans are stupid and cant look up a fact for them selves.
Recommended Films: "Freedom to Fascism", "The Obama Deception", "The Secret of Oz", and "Don't Tread On Me".
Please don't forget to share them. It will help everyone get up to speed as to what is at stake, what's behind it, and most importantly, how to fix it for good. Peace!
RON PAUL 2012! Please Cut and Paste this EVERYWHERE!
@kingneddy I agree with your comment I think most people got caught up in obamas "change" speeches... In the end its true if anyone cares about the dollars value they would vote for Ron Paul so thumbs up to ya
@kingneddy Maybe he has a better understanding of economic history and knows the gold standard is no guarantee against economic speculation, depression, inflation, credit bubbles or market failure. The only difference between fiat and gold standard is instead of the fed inflating currency by print press, congress devalues currency by legislation.
Hate never brings about good things, and making a comment about labeling Chris a Monkey is very rascist and hateful and not cool. As for your coment at the end of him being a clown yes that very accurate as thats how the man earns his living it's his job to be and hes very good at it. It's your freedom in American to excerise free speech at least till it's stripped from us by the nwo. In the end though in the final conflict good will prevail over evil. I hope someday you come to embrass love
@steelermia more than you idiot. do a little research on fiat currency and fractional banking-something you won't see on espn or fox news. football fans talking about politics-wow.
@jimdc75 this monkey talking about the U.S. dollar is worthless when he's living in some mansion somewhere, driving fancy cars using those same dollars .. not too 'worthless' there huh chris rock ? .. he's a clown
@jimdc75 'being a football fan' doesn't equate to not being knowledgeable about the world around you .. you obtuse fuck .. and as I said .. that dollar mr. rock is using sure as hell isn't showing it's 'uselessness' to him when he goes and buys his mansion is it ? .. the almighty dollar still rules in the U.S.A.
@BrokenMaddie because this dumb negro is talking about 'THE ECONOMY' .. what are you watching ? .. 'this is what they're not telling you about the ECONOMY' .. trying to say that the dollar can't get you anything these days .. as if he and the rest of us have some 'serious problems' with that dollar when that 'worthless dollar' he's using is working pretty well for him and will continue to do so .. this is more fearmongering propaganda masked as 'comedy'
@steelermia If only that were true. We would be rid of ignorant fucks like you in only a generation or so and the world might just get a chance to heal. Keep on fucking that sheep Jeb.
@steelermia Hey man, please collect as much dollars as you can the next years! Do not buy any gold or silver, do not invest in anything else besides US $.
I'd love to see what happens to you, if you still have a computer to communicate with us in a few years.
@TWSceptic brainwashed .. how many people are going around collecting gold and silver in a panicked frenzy because the dollar is 'losing value' ? .. I'm sure chris rock has a vault behind his house full of it :sarcasm: .. I'll stick to investing in real estate
chris rock is a fucking fool, but not even close to the lack of intelligence that ron paul poses. chris rock's joke doesnt even make sense. the people in britian didn't accept US currency (they do)? the british pound is only accepted in britain while the USD is accepted everywhere. gold is worthless and has no intrinsic value you ron paul looney motherfuckers.
@maneto1978 what the fuck does any of this have to do with the constitution? if youre a ron paul end the fed fanboy, the constitution allows the federal reserve as long as it is under congress's jurisdiction, which it is.
@maneto1978 The feds totally illegal. Lincoln was killed for it, jfk was killed for it, ron paul will not live to complete a 4 year term. But either way, to support it is to support the current system which seems to be working out great
@IncoherentCommenter You're joking, right? Gold is worthless? An ounce of gold is worth $1600.00 American Dollars. By simple definition, gold is worth more than dollars - pound for pound, gold is king. Take a look at what's going on at the top of the economic food chain. Top billionaire investors are protecting their wealth by selling dollars for gold. How stupid would it be to use something valuable to buy something worthless? A tanking dollar won't affect gold.
@ShadowXII Yes, in the world burning scenario, gold is revealed to have no intrinsic survival value. But, quite obviously, that is not a scenario that any politician whose task is to facilitate governmental stability will consider - because, when that happens, there are no more political answers and the question is moot. However, this video is referencing the value of the US dollar in the present system. Practically worthless within the present system while gold retains value.
@ShadowXII Besides - you can use the appeal to "Mad Max" to justify just about anything. Why go to school? When the world burns, there'll be no schools. Why get a job? When the world burns... Why pay for an internet connection through an electronic transfer so that I can comment on value-less gold and the American dollar? When the world burns... See where I'm going here? It's both a convenient way to sidestep the present issue and a non-answer.
@avonjbellamy "However, this video is referencing the value of the US dollar in the present system. Practically worthless within the present system while gold retains value." hahaha. nope.
Did gold become more valuable or did the dollar become diluted? My vote? Diluted. We're not "printing" any new gold but we're printing dollars like they're going out of style - which, they are. The cost of a loaf of bread now is about 2$. Back then you could buy 40 loaves with that same dollar. You could still buy 40 now with the same amount of gold meaning gold has not lost value.
@IncoherentCommenter Here's an experiment. Take a US dollar and see how much gold you can purchase with it. Then, take a regular Liberty Head gold dollar which is a coin from the 1800's containing about .05 ounce (one twentieth of an ounce) of gold. Just for the weight of the coin alone (if you melted it down and redeemed the gold) you would get about 80 US dollars. In 1849 that gold coin was worth one US dollar - now it's worth 80.
@avonjbellamy okay? no one is arguing that the dollar has not lost value against gold. youre the one arguing that the dollar is worthless because it loses value due to inflation. i am arguing that the dollar does have value because the government says so. if you believe that the government is headed by reptilian scum that secretly hoard gold, then maybe the market has severely mis-priced gold.
@IncoherentCommenter Maybe not "worthless" but definitely "worth less". And far less. 80 times less. The dollar has value because we all agree on it, so we're willing to take "x" dollars for "y" items.But, it takes more dollars to get the same items than it once did and the more that happens the less people are willing to accept them. Eventually, it's a bigger problem to accept them than to ask for something else. Then they are worthless - no matter what a government says...
@avonjbellamy the more money it takes to buy something, the less people are willing to accept the money? looks like india is about to collapse because the INR is worth .02 US dollars. read a book.
@IncoherentCommenter What I described quite simply is the human reaction to hyperinflation - hyperinflation being the cycle of out of control money printing (in a paper currency based society) which eventually erodes the value of the money within that specific economy. It's not a comparison between two economies (like India and the US) - rather, it is purely a measurement of the relative purchasing power of the functional or internal currency within a single economy.
@avonjbellamy hyperinflation is a measurement of the relative purchasing power of the functional (or internal, lol what?) currency within a single economy. you act like youre explaining definitions to me when clearly you dont even know what position youre supposed to be defending. have a good day.
I believe you have the misunderstanding. When I mentioned a symptom of currency devaluation, you made a comparison between India and the US - as if their value in relation to one another has anything to do with that issue. It doesn't. To clarify, the currency of an economy (say India's INR) is it's "functional" or "internal" currency.The purchasing power of any currency is not measured by comparison with another currency but by comparison with its own past purchasing power.
Thus, it is ridiculous to scoff at the idea of consumer rejection of hyperinflated currencies while attempting to use a comparison of two separate currencies as proof. Especially when currency rejection has been shown historically, time and again, to be a consequence of hyperinflation. So, my position is that the USD is devalued by inflation and, if we continue along this path (history shows), hyperinflation is soon to follow - which then leads to a worthless US dollar.
@avonjbellamy hyperinflation cannot happen in america. period. inflation could get pretty high, but no where near hyperinflation levels. do you just not know what hyperinflation is? you write with the syntax of an economics textbook, yet you have nothing to say. i compared the INR and USD based on what you said, obviously not because it was right. a consistent increase in the money supply is in no way an indicator of hyperinflation.
@IncoherentCommenter It's not like hyperinflation is a complex concept. Simply, when inflation (unchecked currency printing) gets out of control (50% or more per month), you are in a hyperinflationary economy. A symptom of it is when the people within an economy don't trust their currency enough to invest in it - they begin to dump it into disposable goods as soon as they get it. It's most often associated with wars and economic or social upheaval.
Can you not see that the statement "hyperinflation cannot happen in america. period." is simply a belief? It's not fact and all of history belies it. We are printing new money (unchecked) to cover debt for foreign wars, social programs, banking malfeasance, untenable medical policies, etc. We are now a debtor nation and our currency has been devalued by 8,000% since 1849. No - this is not hyperinflation. But which present policies will keep us from the point of no return?
You're mounting ad hominem attacks against me but you've never actually explained how my words are incorrect or untrue. What am I not getting about the historical path to hyperinflation (and where we are on it) and how will our government avoid it aside from simply ceasing the printing of our currency to wallpaper over all of the debt inducing behavior in which they continue to engage? Say anything that does not involve "they just will and you'll never understand, stupid".
Obviously. It means "to the man"- and it's basically a personal attack.It's attacking a person's character rather than answering the argument. Most people do it when they have absolutely nothing of value to say and they have no concrete facts to back their assertions.I have been explaining definitions to you, mainly because you've shown an almost complete inability to comprehend relatively simple concepts.But, somehow, I'm clueless. Is Bizarro World comforting for you?
@IncoherentCommenter Here are a couple. "read a book" - attacking my level of knowledge while selectively distorting my assertion. "chris rock is a fucking fool..." - speaks for itself.In defense of what Rock said, in 2009, many friends traveling abroad told me that merchants did not want to accept their US dollars - not just in Europe but even in Ghana where the cedi and the dollar were nearly equal in exchange. Comedy is about caricature - but he wasn't far off the mark.
@IncoherentCommenter LOL! I wasn't going to do an exhaustive search. Two was enough to support the assertion. However, it's possible that you don't perceive statements like these as personal attacks on the people you're leveling them against - as opposed to proof or disproof of an argument. We're presenting ideas, here. You think I'm an idiot, you may be right. Show me why and you might help me. Enlighten me.
2nd part: The purpose of currency is to store symbolic value in an easily exchangeable medium to create the common trust necessary to facilitate trade and wealth storage.All currencies are maintained by human trust.We all have faith that the denominations of our currency will allow us to purchase the real things we need for survival. However, hyperinflation has been shown historically, to shake that faith.
3rd Part: Imagine that our currency is hot, extra strong black coffee. One cup has a certain level of potency which we exchange for goods and services based on that potency. Everyone recognizes that potency and charges "x" Cups for "y" amount of goods and services based on it. Now. What happens when someone decides we need more Cups in the monetary system but we don't have actual coffee to make them? They add water to the supply.
Part 4: Initially, it's hardly noticeable and trade goes on as usual but, over time, more and more water gets added and people start to realize that what they've got is half a Cup of coffee and the rest is water - so, prices "normalize" or adjust to the new reality. Now, the items that used to cost one Cup cost two. Government keeps running up debt, doesn't have any new coffee to add to the system - so, in goes more water.
Part 5: Eventually, the Coffee System has Cups that are more water than coffee. There is a certain psychological threshold where the people in this system will begin to realize that their Cups have no more coffee in them and they will lose their faith in Cups and refuse to accept them as legal tender - despite what the government is telling them.
Part 6: This usually happens when it now takes an astronomical amount of Cups to buy simple items like a loaf of bread and the currency is losing value so rapidly that using it is like throwing away money. If your currency takes 50 units to buy bread today and it took 25 units to buy the same loaf of bread just yesterday, who wants to get stuck with trying to buy that same loaf tomorrow for 100 units?
Part 7: This has happened so many times throughout history it's hard to count them. A few examples: Germany 1923, Hungary 45-46, Austria 22, Argentina 75-81 (currency reform 92), Soviet Union 21-22, during the Revolutionary and Civil Wars with "continental currency", the confederate dollar and the Union "greenback"...Look them up.
Part 8: Funny story about Germany during their currency devaluation was that someone went to buy a loaf of bread with a wheelbarrow full of cash and when they came out of the store to bring in the money for the bread someone had stolen the wheelbarrow - and left the cash.
@avonjbellamy Buy oil. Fill your basement with barrels and barrels of oil. Fresh water, plant seeds - stuff that people will fight and die to get their hands on.
I'm relatively rich IRL due to inheritance, and I've been told to buy gold before... but I just don't see how it's a good investment.
@ShadowXII Agreed, if everything goes completely to pure sh!t, you'd better have the real life sustaining valuable things. And don't forget weapons to protect them. But, history tells us that this wouldn't be the first time a paper fiat currency has failed. And when they fail, before all sanity is lost, people are more inclined to fall back on gold and silver because those historically have been associated with things of value for thousands of years of human history.
To be honest, the Mad Maxx scenario is not so far fetched as I may have believed years ago. I see many variables in place that could cause The Perfect Sh!t Storm. The world is more artificially connected and sustained than at any time in human history and it wouldn't take too many variables to fail simultaneously to sink the unsinkable Titanic world economy. Your investment plan has merit, my friend. I think this is a "both - and" situation as opposed to an "either or".
@morraar Yes and then receive your dues, since we are all the same americans have a large bill to pay. Karma is a motherfucker, sorry to say but America will crash and burn.
@NasseerBoss erm why....its cost the goverment more, and people just steal it none of your coins have been precious metals, real precious metal in centuries. For a reason. Why not have 0.1 cent dollars compared to 1.8 dollar dollars (which is based on mostly tin). I mean if inflation is your problem thy should just stop making moeny full stop. I don't know your reasoning.
@NasseerBoss Meh. The Gold Standard would be a workable idea if there was enough gold to go around. Unfortunately, there isn't. Also, it would inspire anti-competitive behaviour, which would mean the rate of progress invariably slow - look at the lack of innovation in communist countries.
@NasseerBoss too late... other smart investors have already started investing in Gold, but the gov started some sneaky moves to "confiscate" all gold. Do a google search.
Give it a decade or less, and there will be no gold.
Oh! btw... the smart chip has already been established in countries like the UAE as a test... so that no more cash or paper is used... so it seems all of these conspiracy theories about it are true.
@janusha national sovereignty of of all nations systematically ,this is all about a 1 world government and depopulation and deindustrialization it always has been ,that is what all these groups do,bilderburg,trilateral,CFR, all the round table groups ,NGO's non profit tax exempt foundations ,
@janusha &trade ,they want to have a 1 world currency based off of sdr's and carbon ,the whole goal of this is deindustrialization and depopulation ,they are deliberatly collapsing the western economies,thats the goal to turn the west into the 3rd world,we are in serious trouble, watch endgame:blueprint for global enslavement on here,and the rest of the jones documentaries ,read the trilateral commission and CFR white papers,there is an agenda they have been working on for decades to end all
@janusha germany,then they will move to the UK and US ,they want a 1 world government & 1 world currecncy, italy may be the the last chance to stop this,if the italians overthrow the monti government,that was not even elected but have taken over in a financial coup, the US is a tyranical police state that is just going to get even worse ,they are planning it now,the bank are going to be used by the super elites to take over the world,install a world central bank,& a carbon tax &carbon credit cap
@janusha i think you missed the point of my posts, i just meant that they are next on the list of countries to be imploded by the banks, like italy and greece, look at italy ,they just had there country taken over in a coup,a non elected leader,mario monti,the bilderberg,trilateral commission,goldman saks technocrat was put in charge,he is going to rob them blind and steal everything, and when they finish striping italy and greece they will move on to spain,then the rest of euorpe,ending with
DAMMIT BLACKOUT ALL CELEBS WHO DONT GOT BALLS TO USE THEIR CELEBRITY STATUS TO SUPPORT RON PAUL OR LET THEM SAY WHY THEY DONT SUPPORT HIM AT THE LEAST SO WE KNOW ;)
DONT WATCH THEIR STUFF EVEN IF ITS FOR FREE
THEY MADE ENUFF BUCKS OFF US THOSE STINKIN CELEBS AND NOW THEYRE SILENT?
if he says the dollar is not worth anything because of the economy then i wonder how many times he has been out of country...the pound was always worth more than the dollar( as long as i remember)..but again he is a comedian so he might be Just joking !!!!
Point is... Most americans are unaware that their dollar aint worth shit anymore. Because in america, a dollar is still a dollar. While over here, we can now buy american products at bargain prices because our currencies go a long way against the dollar these days. This is good and bad. Its good for american export that sell more stuff and stimulate their economy so they can hire more people. But anything you buy from Europe. Such as fuel and cars WILL be more expensive.
madness, they may be the only hope the world has left im afraid,if they do not overthrow the government there and soon ,the elites,the globalist will get their world government im afraid ,there was a quiet financial coup, and now there needs to a LOUD violent coup,a revolution ,spain should be worried portugal should be worried, they should all be converging on italy now, to get the goldman saks mob who took control of the country out,or they will rob italy blind,then move on to rape the rest o
@bulletproof2353 Violence breeds violence, hate breeds hate, inequality breeds inequality; Money sets us up for in-equivalency as well as nationalism... We need a peaceful revolution, a Juggernaut that cannot be stopped, and will not degrade itself in to in-dignified violence. We need to find a common law once again, we need to root ourselves in the science which has brought us to this situation in the first place. We are confused as little children, but scientists aren't.
All the money isnt gone... Well... some of it is. Around 15 trillion dollars in fiscal values disappeared in the financial mess. Money that didnt actually exist outside computer screens. Sending E-mails to eachothers for decades, increasing fiscal values without control and without actually making a product.
Point is. There is still money in USA. But its in the hands of the upper 1% that owns 95% of america. You need to declare martial law, rise and slay them. Problem solved.
Spain should be worried ? Sure... It sucks for SOME people in Spain. however american media is full of European and Asian failures so you dont have to feel so bad about your own position. You like to think Greece will explode and die. Well even if it does. Its only 10 million people.
Fact is... USA has 50 million people living off foodstamps. Living beneath the international standards for poverty. 50 million... Thats more than the entire population of Spain.
i really feel the pain of italy, and i am sickened by it and what is being purposed there, like putting advertising on the famous landmarks ,i have been there, and that is just insane,and really tacky ,and really scary ,there is going to massive civil unrest there really really soon,really violent unrest, much worse than greece, there needs to be, they may be happy berlesconi is gone,but it will be short lived,there have already been protest against monti, i hope the italians can stop this madn
globalist banker economist technocrat from goldman saks whit a member of bilderberg and the trilateral commission,italy is the worlds 7th largest economy,it "too big to fail,too big to bail" as they say , you watch as they collapse all the countries 1 by one ,ending with germany no the the 3 rd largest i think, second to china but only recently
and they are incrementalist about it ,they will chip away little by little the soverignty and economies of the world and slowly consolidate everything,into a corporate fascist state , we are all in big big trouble, there banks and corporations and elites have stolen this country blind with their "complex financial instruments"like "derrivatives" and "credit default swaps" italy is in serious trouble and so is the rest of euorpe,this guy moonti they installed is a dictator a financial one, he is
currencies,and install a 1 world fascist government and 1 currency,that is the goal of the people in charge,they just took over greece and italy in a financial coup,and dont think for minute that it wasnt planned all along ,just like the UK not signing on to the euro,that was not a coincidence either,the only smart ones were switzerland,for keeping the franc,and iceland for not taking the bailout ,they have trying to implement their plan for a world government for decades&they are very patient
@janusha i agree with garkglitch about leaving too ,if i could afford i would and also dont speak another fluent language, but i think that a currency should not be based on gold either ,it should be based on production and gdp,the country should have to be able to produce and export goods and services to back the money they print ,now the euro is going to collapse too, but just remember it has all been done by design there is an angle american globalist elite that want to collapse all the cu
When Ron Paul is voted into office in 2012, I would like to throw the biggest party in the world for the day millions of our black brothers are released from prison for minor drug offenses. For way to long these men have had the governments boot at the back of thier necks to keep the man down. No MORE! Ron Paul 2012!!!
Vote Ron Paul 2012;trust me...I'm Black.
WestcoastMusicals 1 day ago
Unfortunately, Chris Rock will VOTE for Obama because of the color of his skin, and not because of the content of his character.
MatthewRider1 2 days ago
@MatthewRider1 People voted for Obama because he was the best person for the job.
KidDunker312 1 day ago
@KidDunker312 No, Obama was not the best person for the job. Ron Paul was and still is. Another thing, not being racist but being real here, many black folks voted for Obama for the simple fact that he is black. Obviously not all black folks but many.
L33thalLee 9 hours ago
@L33thalLee That's simply not true. Everybody has different values and therefore will vote for different people for president. I know people that refuse to vote for somebody that was never in the military But i don't know anybody who would vote for somebody, simply because of the color of their skin.
KidDunker312 1 hour ago
Look At that fuckin Illuminati Eye logo down to the right,,man can they fuckin lay of we got the message wtf yall
01MrCriminal 3 days ago
Viva la reVolution!
s14duma 1 week ago
The U.S. dollar, is indeed, becoming WORTHLESS. The U.S. dollar will collapse by 2016.
SubSlaveCD 1 week ago 4
This has been flagged as spam show
I JUST RETURN FROM THE HILTON IN MYRTLE BEACH, S.C. TO HEAR RON PAUL.
WHAT A POWERFUL SPEAKER & A BRILLIANT MAN. RON SPOKE FOR 30 MIN. W/NO NOTES.HE WILL DESTROY OBAMA IN A DEBATE!
THE CONVENTION CENTER WAS PACKED! THE CROWD WAS ON FIRE! DR. PAUL HAS THE CURE FOR APATHY!
I AM SO INSPIRED TO WORK FOR RON!
WE NEED BOOT ON THE GROUND FOR RON. GO TO HIS WEBSITE & START MAKING PHONE CALLS, DONATE $ EVEN IF IT'S 5 BUCKS, BUT MOST IMPORTANTLY BECOME A DELEGATE!
DO SOMETHING!
THIS IS OUR LAST CHANCE!
mkmason2002 1 week ago
Gold is the new world reserve currency.
grimygrime 1 week ago
@grimygrime Gold always has been the world reserve currency we've just been told otherwise for a very long time its what banks have always used to back up currency and give it real value to stop over-inflation.....at least thats how the world except america does it. The Federal Reserve holds no gold in its banks so all you have is WORTHLESS paper money as your notes have no real value your money is debt with potential imminent bankruptcy built into it
lewcy1 1 week ago
I went to England around 2008 and handed in 120 bucks and got back something like 59 pounds. Of course that was when the pound was trading at near historic high since under the gold standard it traded at 4 dollars to the pound! it was at nearly 2 dollars to the pound. Now the pound is about 1.41. The dollar is also worth a lot when you're not in Europe...it's very strong in South America, Australia, and Asia. And much more closer to the Euro and Pound now. Just pick a better time to go.
Twistednerver 1 week ago
I LOVE CHRIS ROCK. THE FIRST AMERICAN PRESIDENT( IN A MOVIE)
bilal1001 1 week ago
worldwide flow
ManosOceano 1 week ago
dollar is worthless.... ha ha.
ephidapoon 1 week ago
ron paul 2012!!
12NiBer12 1 week ago
Paul/Nader 2012!!!
Libertymuser 2 weeks ago
haha!
WolfClan76 2 weeks ago
ha ha Dave didn't want to talk about the economy.
BSOG3 2 weeks ago 2
It's SOOOOOOO funny.......until it isn't
History ALWAYS repeats itself
luvUtube247 2 weeks ago
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rolandholland82 2 weeks ago
the contempt on chris rocks face when this shill tries to change the subject away from how shit the american economy is.
sinistergnr 2 weeks ago
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TheGeneLightShow 2 weeks ago
hes talkin about going to europe and that our currency is worthless?? well , maybe in 07 or 08, but not anymore, the euro is toilet paper , and now the US is the safe haven!
idmji89 2 weeks ago
@idmji89 The dollar is toilet paper as well. Don't forget the US has been printing money out of thin air for quite some time. Europe just started and still has a long way to go before they even reach the amount of money as the US has done. Also look at the national debt of the US and compare it to the debt of Europe. Also look at the trade balance. Europe is way more productive in producing goods then the US.
Michiel1972 2 weeks ago
@Michiel1972 Twenty years ago, I kept telling my friends that a country is only as wealthy as the amount of goods and services it provides. They kept telling me we were moving to a "paper moving" economy. Well, the chickens have come home to roost. We have plenty of paper, but it isn't moving very well. Why< because we don't make anything here any more
Bunnies4wool 2 weeks ago
@Bunnies4wool go to my youtube channel and check out my favourites there are some great videos about the monetairy system en economics. Ecspecially the lecture by Mike Maloney is great. Also watch "Zeitgeist: Addendum" and "Money As Debt" I, II and III. Saw you are already familiar with The Secret of Oz. Keynes was a fool! For example "The broken window fallacy" shows what a fool Keynes was.
Michiel1972 2 weeks ago
@Michiel1972 who are you gonna believe? The markets or some stats??? I think the market is the best decider. Thats the context i meant. How could we possibly know what the reality is? We can't possibly have every detail and every objective standpoint....since the end of the gold standard the currency is backed by nothing but the sentiment of the markets. THe market decides the value of the currency. THis was done for the "betterment of trade" implemented in the 70s.
idmji89 2 weeks ago
@idmji89 It's not about what you believe. Believing is what you do in church. It's about what you know. And I know that the US has a huge trade deficit and extreme debt on which also rent has to be paid. The US govement is devaluing the dollar to about zero. All the pensionfund money and banksavings will be worth zero in a few years. Besides, history has shown time and time again what happens if you print money out of thin air.
Michiel1972 2 weeks ago
@Michiel1972 very true.
idmji89 2 weeks ago
Ron Paul 2012 and go look at my political channel.
ScreamingHeadAffairs 2 weeks ago
Chris, you voted for Obama....
toodle171 2 weeks ago
@toodle171 Yeah but look at the other choice. It was Obama or John McCain(aka Mr. NDAA) and Sarah Palin. You're delusional if you think they would have been any better. Obama was at least a convincing liar.
thelatestttplague 2 weeks ago
Ron Paul 2012!
Atarien6 2 weeks ago 2
Thats why I agree with the gold standard. Vote for Ron Paul!
themaniusedtob 3 weeks ago 72
@themaniusedtob Think about everything else that is wrong with Ron Paul, do NOT vote for him based on one thing (gold standard will NEVER come back).
Tsteve08 2 weeks ago
@themaniusedtob running on the wrong ticket.
MWcrazyhorse 1 week ago
@themaniusedtob The Gold Standard doesn't prevent that. Instead of deflation and inflation you have devaluation. Different words same principle. Instead of having the value of currency decided by a market it's decided by congress....who can just pass a law that says ok, the dollar is not worth this much gold. for instance with gold skyrocketing in prices..countries would be devaluing currency right(making their currencies worth less in order to maintain viable exports).
Twistednerver 1 week ago
@themaniusedtob This is my main contention with the gold standard not only is it archaic, but it does not prevent the very issues people think are caused by fiat currency. When the world has been on the gold standard we have had inflation, depressions, recessions, credit bubbles and market failure. The history of the world is of bouncing between hard currency and soft currency as political winds shift. 100 years ago people were shouting for a softer currency now harder, just cycles.
Twistednerver 1 week ago
@themaniusedtob The only thing that will prevent economic speculation is a citizenry that finds economic theory more interesting than skyrim or internet porn. Not the gold standard not ron paul. people want one off solutions so they can go back to skyrim and porn. Sorry...you want a currency that isn't subjected to political pressures then you have to be actively engaged in the process to avoid that. The gold standard is manipulated. And the dollar was WAY worse than the pound under gold.
Twistednerver 1 week ago
@themaniusedtob i don't understand what people love so much about yellow rocks
stealthfighter077 1 week ago
@stealthfighter077 Yellow rocks? Your pretty little iPhone, iPod, Laptop/desktop, tablet, TV.. anything electrical you can think of uses gold.. and other rare metals.. and they are running out of it. Look up "unsustainable resource" and "supply and demand" and you will figure out why people like gold I hope..
morjan11 3 days ago
@morjan11 I'm just saying the world would be better without all these gadgets to keep us distracted from the real problems. Indians said that the white man had a fascination for these things. Consumerism is only bad in the long run. I wonder why idiots get into debt for these things, I really do.
stealthfighter077 3 days ago
@stealthfighter077 100% agree with you. Unfortunately to fit into modern society many of us are without choice. For one example, there is no source of free journalism or unbiased information without the internet :(
What a sad thing society has become. Depressing.
I often wish I was born around the 1880 - 1900's =[
morjan11 3 days ago
@themaniusedtob There's a reason you guys gave that shit up, y'know.
Spitfirebird 1 week ago
i like how the republicans seem to think europe is fucked cuz of its socialist model yet most of europe is fine greece portugal is fucked cuz they spend money they didnt have not cuz the model is faulty. but i guess its true that americans are stupid and cant look up a fact for them selves.
101bacce 5 days ago
@themaniusedtob What happens when we run out of gold?
KidDunker312 1 day ago
chris rock is a mason
he does the pyramid symbol with his hands at the beginning of his HBO special... I forget which one
6 months after Bill Hicks death carrot top was voted best comedian (not hardly)
EmbassyTerraLibra 3 weeks ago
I took 3k to the exchange. Then I took an arrow to the knee.
gargamel6699 3 weeks ago
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Please don't forget to share them. It will help everyone get up to speed as to what is at stake, what's behind it, and most importantly, how to fix it for good. Peace!
RON PAUL 2012! Please Cut and Paste this EVERYWHERE!
1tonykirk 3 weeks ago
um....guyz.....he's a comedian. frivolity, he speaks all mirth and no matter. dont take HIM seriously.
TheSTEFSTUF 3 weeks ago
hey chris, why not support ron paul instead of the white man's puppet obabma?if your so concerned about the dollar?
kingneddy 3 weeks ago 38
@kingneddy I agree with your comment I think most people got caught up in obamas "change" speeches... In the end its true if anyone cares about the dollars value they would vote for Ron Paul so thumbs up to ya
themaniusedtob 3 weeks ago
@kingneddy Maybe he has a better understanding of economic history and knows the gold standard is no guarantee against economic speculation, depression, inflation, credit bubbles or market failure. The only difference between fiat and gold standard is instead of the fed inflating currency by print press, congress devalues currency by legislation.
Twistednerver 1 week ago
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@kingneddy The Uncle Tom President?
SmileyGarrish 1 week ago
@kingneddy well this was from 2008, he could favor ron paul by now. you never know
oiat 5 days ago
Chris Rock must feel like an idiot for support Obama now.
givemearandomnamenow 3 weeks ago
Hate never brings about good things, and making a comment about labeling Chris a Monkey is very rascist and hateful and not cool. As for your coment at the end of him being a clown yes that very accurate as thats how the man earns his living it's his job to be and hes very good at it. It's your freedom in American to excerise free speech at least till it's stripped from us by the nwo. In the end though in the final conflict good will prevail over evil. I hope someday you come to embrass love
JohannJames 4 weeks ago
Chris Rock for president!.. After Ron Paul ofc :)
29sokoli 1 month ago
Chris Rock for president!
29sokoli 1 month ago
Chris Rock for president!
29sokoli 1 month ago
wtf does this nigger know about economics .. stick to your shitty racist stand up negro
steelermia 1 month ago
@steelermia more than you , fuck you.
dopeboyhero 1 month ago
@steelermia more than you idiot. do a little research on fiat currency and fractional banking-something you won't see on espn or fox news. football fans talking about politics-wow.
jimdc75 1 month ago
@jimdc75 this monkey talking about the U.S. dollar is worthless when he's living in some mansion somewhere, driving fancy cars using those same dollars .. not too 'worthless' there huh chris rock ? .. he's a clown
steelermia 4 weeks ago
@jimdc75 'being a football fan' doesn't equate to not being knowledgeable about the world around you .. you obtuse fuck .. and as I said .. that dollar mr. rock is using sure as hell isn't showing it's 'uselessness' to him when he goes and buys his mansion is it ? .. the almighty dollar still rules in the U.S.A.
steelermia 3 weeks ago
@steelermia
the almighty Rupee still rules in India, so what?
It's still fucking worthless.
BrokenMaddie 3 weeks ago
@BrokenMaddie and Hyrule.
LostMyShadesAgain 3 weeks ago
@BrokenMaddie because this dumb negro is talking about 'THE ECONOMY' .. what are you watching ? .. 'this is what they're not telling you about the ECONOMY' .. trying to say that the dollar can't get you anything these days .. as if he and the rest of us have some 'serious problems' with that dollar when that 'worthless dollar' he's using is working pretty well for him and will continue to do so .. this is more fearmongering propaganda masked as 'comedy'
steelermia 2 weeks ago
@steelermia How's the weather down in Alabama, bet it stinks as much as your white supremacist asshole does!
RavenMad101 4 weeks ago
@RavenMad101 great response .. my life has changed after reading that .. your enlightening wisdom has forever altered my view of the world thanks
steelermia 4 weeks ago
@steelermia If only that were true. We would be rid of ignorant fucks like you in only a generation or so and the world might just get a chance to heal. Keep on fucking that sheep Jeb.
RavenMad101 4 weeks ago
@steelermia Hey man, please collect as much dollars as you can the next years! Do not buy any gold or silver, do not invest in anything else besides US $.
I'd love to see what happens to you, if you still have a computer to communicate with us in a few years.
TWSceptic 3 weeks ago
@TWSceptic brainwashed .. how many people are going around collecting gold and silver in a panicked frenzy because the dollar is 'losing value' ? .. I'm sure chris rock has a vault behind his house full of it :sarcasm: .. I'll stick to investing in real estate
steelermia 3 weeks ago
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I believe that Americans are tired of all the WARS and LIES.
Ron Paul has been speaking TRUTH to POWER for 35 years.
It is time for this GREAT NATION to CHANGE COURSE!
This is OUR COUNTRY, it is our DUTY to PRY it out of the HANDS of the ESTABLISMENT, and TAKE IT BACK!
STAND UP and do the RIGHT THING...
Vote for PEACE, LIBERTY and PROSPERITY.
Vote for RON PAUL 2012
LibertyBleeds 1 month ago
London is trolling, Chris. =]
Emiilliiaaa 1 month ago
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/watch?v=yDW0av0XOyw&feature=channel_video_title
ThePeopleForRonPaul 1 month ago
"People are the same wherever you go". "There is good n bad in everyone.....". McCartney.
carlobari60 1 month ago
Lincoln was killed for opposing the interest of banks
maneto1978 1 month ago
chris rock is a fucking fool, but not even close to the lack of intelligence that ron paul poses. chris rock's joke doesnt even make sense. the people in britian didn't accept US currency (they do)? the british pound is only accepted in britain while the USD is accepted everywhere. gold is worthless and has no intrinsic value you ron paul looney motherfuckers.
IncoherentCommenter 1 month ago
@IncoherentCommenter yes the consitution is a joke. down with the poor up with corporate greed!!!
maneto1978 1 month ago
@maneto1978 what the fuck does any of this have to do with the constitution? if youre a ron paul end the fed fanboy, the constitution allows the federal reserve as long as it is under congress's jurisdiction, which it is.
IncoherentCommenter 1 month ago
@maneto1978 The feds totally illegal. Lincoln was killed for it, jfk was killed for it, ron paul will not live to complete a 4 year term. But either way, to support it is to support the current system which seems to be working out great
maneto1978 1 month ago
@maneto1978 lincoln was killed for the federal reserve? abe lincoln? the 1865 president who abolished slavery? that lincoln?
IncoherentCommenter 1 month ago
@IncoherentCommenter You're joking, right? Gold is worthless? An ounce of gold is worth $1600.00 American Dollars. By simple definition, gold is worth more than dollars - pound for pound, gold is king. Take a look at what's going on at the top of the economic food chain. Top billionaire investors are protecting their wealth by selling dollars for gold. How stupid would it be to use something valuable to buy something worthless? A tanking dollar won't affect gold.
avonjbellamy 1 month ago
@avonjbellamy When the world burns, your gold will be as valuable as construction bricks.
ShadowXII 1 month ago
@ShadowXII Yes, in the world burning scenario, gold is revealed to have no intrinsic survival value. But, quite obviously, that is not a scenario that any politician whose task is to facilitate governmental stability will consider - because, when that happens, there are no more political answers and the question is moot. However, this video is referencing the value of the US dollar in the present system. Practically worthless within the present system while gold retains value.
avonjbellamy 1 month ago 14
@ShadowXII Besides - you can use the appeal to "Mad Max" to justify just about anything. Why go to school? When the world burns, there'll be no schools. Why get a job? When the world burns... Why pay for an internet connection through an electronic transfer so that I can comment on value-less gold and the American dollar? When the world burns... See where I'm going here? It's both a convenient way to sidestep the present issue and a non-answer.
avonjbellamy 1 month ago
@avonjbellamy "However, this video is referencing the value of the US dollar in the present system. Practically worthless within the present system while gold retains value." hahaha. nope.
IncoherentCommenter 1 month ago
Did gold become more valuable or did the dollar become diluted? My vote? Diluted. We're not "printing" any new gold but we're printing dollars like they're going out of style - which, they are. The cost of a loaf of bread now is about 2$. Back then you could buy 40 loaves with that same dollar. You could still buy 40 now with the same amount of gold meaning gold has not lost value.
avonjbellamy 1 month ago
@IncoherentCommenter Here's an experiment. Take a US dollar and see how much gold you can purchase with it. Then, take a regular Liberty Head gold dollar which is a coin from the 1800's containing about .05 ounce (one twentieth of an ounce) of gold. Just for the weight of the coin alone (if you melted it down and redeemed the gold) you would get about 80 US dollars. In 1849 that gold coin was worth one US dollar - now it's worth 80.
avonjbellamy 1 month ago
@avonjbellamy okay? no one is arguing that the dollar has not lost value against gold. youre the one arguing that the dollar is worthless because it loses value due to inflation. i am arguing that the dollar does have value because the government says so. if you believe that the government is headed by reptilian scum that secretly hoard gold, then maybe the market has severely mis-priced gold.
IncoherentCommenter 1 month ago
@IncoherentCommenter Maybe not "worthless" but definitely "worth less". And far less. 80 times less. The dollar has value because we all agree on it, so we're willing to take "x" dollars for "y" items.But, it takes more dollars to get the same items than it once did and the more that happens the less people are willing to accept them. Eventually, it's a bigger problem to accept them than to ask for something else. Then they are worthless - no matter what a government says...
avonjbellamy 1 month ago
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IncoherentCommenter 1 month ago
@avonjbellamy the more money it takes to buy something, the less people are willing to accept the money? looks like india is about to collapse because the INR is worth .02 US dollars. read a book.
IncoherentCommenter 1 month ago
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avonjbellamy 1 month ago
@IncoherentCommenter What I described quite simply is the human reaction to hyperinflation - hyperinflation being the cycle of out of control money printing (in a paper currency based society) which eventually erodes the value of the money within that specific economy. It's not a comparison between two economies (like India and the US) - rather, it is purely a measurement of the relative purchasing power of the functional or internal currency within a single economy.
avonjbellamy 1 month ago
@avonjbellamy hyperinflation is a measurement of the relative purchasing power of the functional (or internal, lol what?) currency within a single economy. you act like youre explaining definitions to me when clearly you dont even know what position youre supposed to be defending. have a good day.
IncoherentCommenter 1 month ago
I believe you have the misunderstanding. When I mentioned a symptom of currency devaluation, you made a comparison between India and the US - as if their value in relation to one another has anything to do with that issue. It doesn't. To clarify, the currency of an economy (say India's INR) is it's "functional" or "internal" currency.The purchasing power of any currency is not measured by comparison with another currency but by comparison with its own past purchasing power.
avonjbellamy 1 month ago
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avonjbellamy 1 month ago
Thus, it is ridiculous to scoff at the idea of consumer rejection of hyperinflated currencies while attempting to use a comparison of two separate currencies as proof. Especially when currency rejection has been shown historically, time and again, to be a consequence of hyperinflation. So, my position is that the USD is devalued by inflation and, if we continue along this path (history shows), hyperinflation is soon to follow - which then leads to a worthless US dollar.
avonjbellamy 1 month ago
@avonjbellamy hyperinflation cannot happen in america. period. inflation could get pretty high, but no where near hyperinflation levels. do you just not know what hyperinflation is? you write with the syntax of an economics textbook, yet you have nothing to say. i compared the INR and USD based on what you said, obviously not because it was right. a consistent increase in the money supply is in no way an indicator of hyperinflation.
IncoherentCommenter 1 month ago
@IncoherentCommenter It's not like hyperinflation is a complex concept. Simply, when inflation (unchecked currency printing) gets out of control (50% or more per month), you are in a hyperinflationary economy. A symptom of it is when the people within an economy don't trust their currency enough to invest in it - they begin to dump it into disposable goods as soon as they get it. It's most often associated with wars and economic or social upheaval.
avonjbellamy 1 month ago
Can you not see that the statement "hyperinflation cannot happen in america. period." is simply a belief? It's not fact and all of history belies it. We are printing new money (unchecked) to cover debt for foreign wars, social programs, banking malfeasance, untenable medical policies, etc. We are now a debtor nation and our currency has been devalued by 8,000% since 1849. No - this is not hyperinflation. But which present policies will keep us from the point of no return?
avonjbellamy 1 month ago
You're mounting ad hominem attacks against me but you've never actually explained how my words are incorrect or untrue. What am I not getting about the historical path to hyperinflation (and where we are on it) and how will our government avoid it aside from simply ceasing the printing of our currency to wallpaper over all of the debt inducing behavior in which they continue to engage? Say anything that does not involve "they just will and you'll never understand, stupid".
avonjbellamy 1 month ago
@avonjbellamy im not reading all that shit but do you even know what ad hominem means? youre trying to explain definitions to me at this point.
IncoherentCommenter 1 month ago
Obviously. It means "to the man"- and it's basically a personal attack.It's attacking a person's character rather than answering the argument. Most people do it when they have absolutely nothing of value to say and they have no concrete facts to back their assertions.I have been explaining definitions to you, mainly because you've shown an almost complete inability to comprehend relatively simple concepts.But, somehow, I'm clueless. Is Bizarro World comforting for you?
avonjbellamy 1 month ago
@avonjbellamy cite my ad hominem attacks please.
IncoherentCommenter 1 month ago
@IncoherentCommenter Here are a couple. "read a book" - attacking my level of knowledge while selectively distorting my assertion. "chris rock is a fucking fool..." - speaks for itself.In defense of what Rock said, in 2009, many friends traveling abroad told me that merchants did not want to accept their US dollars - not just in Europe but even in Ghana where the cedi and the dollar were nearly equal in exchange. Comedy is about caricature - but he wasn't far off the mark.
avonjbellamy 1 month ago
@avonjbellamy are you by any chance a statistician, because that is flawless sampling.
IncoherentCommenter 1 month ago
@IncoherentCommenter LOL! I wasn't going to do an exhaustive search. Two was enough to support the assertion. However, it's possible that you don't perceive statements like these as personal attacks on the people you're leveling them against - as opposed to proof or disproof of an argument. We're presenting ideas, here. You think I'm an idiot, you may be right. Show me why and you might help me. Enlighten me.
avonjbellamy 1 month ago
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2nd part: The purpose of currency is to store symbolic value in an easily exchangeable medium to create the common trust necessary to facilitate trade and wealth storage.All currencies are maintained by human trust.We all have faith that the denominations of our currency will allow us to purchase the real things we need for survival. However, hyperinflation has been shown historically, to shake that faith.
avonjbellamy 1 month ago
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3rd Part: Imagine that our currency is hot, extra strong black coffee. One cup has a certain level of potency which we exchange for goods and services based on that potency. Everyone recognizes that potency and charges "x" Cups for "y" amount of goods and services based on it. Now. What happens when someone decides we need more Cups in the monetary system but we don't have actual coffee to make them? They add water to the supply.
avonjbellamy 1 month ago
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Part 4: Initially, it's hardly noticeable and trade goes on as usual but, over time, more and more water gets added and people start to realize that what they've got is half a Cup of coffee and the rest is water - so, prices "normalize" or adjust to the new reality. Now, the items that used to cost one Cup cost two. Government keeps running up debt, doesn't have any new coffee to add to the system - so, in goes more water.
avonjbellamy 1 month ago
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Part 5: Eventually, the Coffee System has Cups that are more water than coffee. There is a certain psychological threshold where the people in this system will begin to realize that their Cups have no more coffee in them and they will lose their faith in Cups and refuse to accept them as legal tender - despite what the government is telling them.
avonjbellamy 1 month ago
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Part 6: This usually happens when it now takes an astronomical amount of Cups to buy simple items like a loaf of bread and the currency is losing value so rapidly that using it is like throwing away money. If your currency takes 50 units to buy bread today and it took 25 units to buy the same loaf of bread just yesterday, who wants to get stuck with trying to buy that same loaf tomorrow for 100 units?
avonjbellamy 1 month ago
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Part 7: This has happened so many times throughout history it's hard to count them. A few examples: Germany 1923, Hungary 45-46, Austria 22, Argentina 75-81 (currency reform 92), Soviet Union 21-22, during the Revolutionary and Civil Wars with "continental currency", the confederate dollar and the Union "greenback"...Look them up.
avonjbellamy 1 month ago
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Part 8: Funny story about Germany during their currency devaluation was that someone went to buy a loaf of bread with a wheelbarrow full of cash and when they came out of the store to bring in the money for the bread someone had stolen the wheelbarrow - and left the cash.
avonjbellamy 1 month ago
@avonjbellamy Buy oil. Fill your basement with barrels and barrels of oil. Fresh water, plant seeds - stuff that people will fight and die to get their hands on.
I'm relatively rich IRL due to inheritance, and I've been told to buy gold before... but I just don't see how it's a good investment.
ShadowXII 1 month ago
@ShadowXII Agreed, if everything goes completely to pure sh!t, you'd better have the real life sustaining valuable things. And don't forget weapons to protect them. But, history tells us that this wouldn't be the first time a paper fiat currency has failed. And when they fail, before all sanity is lost, people are more inclined to fall back on gold and silver because those historically have been associated with things of value for thousands of years of human history.
avonjbellamy 1 month ago
@avonjbellamy I guess my way works if the world goes Mad Maxx.. but yeah, you have a good point.
ShadowXII 1 month ago
To be honest, the Mad Maxx scenario is not so far fetched as I may have believed years ago. I see many variables in place that could cause The Perfect Sh!t Storm. The world is more artificially connected and sustained than at any time in human history and it wouldn't take too many variables to fail simultaneously to sink the unsinkable Titanic world economy. Your investment plan has merit, my friend. I think this is a "both - and" situation as opposed to an "either or".
avonjbellamy 1 month ago
another typical nigger story... cut the entitlement programs and we're off...
XxDigitalAsylumxX 3 weeks ago
@XxDigitalAsylumxX Another typical American...
animator297 3 weeks ago
1 GBP - British Pound = 1.54905 USD - US Dollar... not that bad...?
AHundredButterflies 1 month ago
Ron Paul - !
tdubz87 1 month ago 53
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TheEndTimesAreHere 1 month ago
@thesortvokter that was my attempt at sarcasm. I am with Ron Paul in believing we should end all foreign occupations and stop policing the world.
morraar 1 month ago
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SUPPORT DR. 'SIR' RON PAUL 2012
WELFARISM: GIVE JACK A FISH, HE WON'T GO HUNGRY TODAY
FREEDOM: TEACH JACK TO FISH, HE WILL NEVER GO HUNGRY!
#UNOCCUPY BIG GOVT.AND THE FED
FIGHT MEDIA BLACKOUT SPREAD RON'S 'WHAT IF' AND 'IMAGINE' SPEECH ON IPAD,IPOD
CHECK VIDEOS ON NIGEL FARAGE TAKING EU GOVT. TO TASK
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WRITE ON DOLLAR BILLS : IN RON WE TRUST ! END THE FED OR FEED THE END
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ashwadhwani 1 month ago
People are not the same, so we should bomb them.
morraar 1 month ago
@morraar Yes and then receive your dues, since we are all the same americans have a large bill to pay. Karma is a motherfucker, sorry to say but America will crash and burn.
Thesortvokter 1 month ago
I love that the ad for this video is about investing in silver.
Eliz279009 1 month ago
0:28 Dave's visualizing strippers!
saqibq 1 month ago
1:07 thats what she said
tubeyoukonto 1 month ago
Banks have fucked us with paper money , thumbs up if you want the GOLD and SILVER coints back!
NasseerBoss 1 month ago 52
@NasseerBoss erm why....its cost the goverment more, and people just steal it none of your coins have been precious metals, real precious metal in centuries. For a reason. Why not have 0.1 cent dollars compared to 1.8 dollar dollars (which is based on mostly tin). I mean if inflation is your problem thy should just stop making moeny full stop. I don't know your reasoning.
danesesse 1 month ago
@NasseerBoss yes and bring that german cross thingy... ohh and the next president should be Austriac
TheMagnificentPony 1 month ago
@NasseerBoss Meh. The Gold Standard would be a workable idea if there was enough gold to go around. Unfortunately, there isn't. Also, it would inspire anti-competitive behaviour, which would mean the rate of progress invariably slow - look at the lack of innovation in communist countries.
amstarism 1 month ago
@NasseerBoss too late... other smart investors have already started investing in Gold, but the gov started some sneaky moves to "confiscate" all gold. Do a google search.
Give it a decade or less, and there will be no gold.
Oh! btw... the smart chip has already been established in countries like the UAE as a test... so that no more cash or paper is used... so it seems all of these conspiracy theories about it are true.
MrHardCash 1 month ago
@NasseerBoss Lol your funny.
cen0322 1 month ago
@NasseerBoss
I don't think there's enough gold to cover that.
juarezrt 1 month ago
Chris is No 1
rubivittoro 1 month ago
living in Mexico isn't so bad, they take it pretty well here.
MichiLiebe 1 month ago
I am now accepting worthless dollars! I'll take those worthless dollars off your hands. :)
DarklingX 2 months ago
@janusha national sovereignty of of all nations systematically ,this is all about a 1 world government and depopulation and deindustrialization it always has been ,that is what all these groups do,bilderburg,trilateral,CFR, all the round table groups ,NGO's non profit tax exempt foundations ,
bulletproof2353 2 months ago
@janusha &trade ,they want to have a 1 world currency based off of sdr's and carbon ,the whole goal of this is deindustrialization and depopulation ,they are deliberatly collapsing the western economies,thats the goal to turn the west into the 3rd world,we are in serious trouble, watch endgame:blueprint for global enslavement on here,and the rest of the jones documentaries ,read the trilateral commission and CFR white papers,there is an agenda they have been working on for decades to end all
bulletproof2353 2 months ago
@janusha germany,then they will move to the UK and US ,they want a 1 world government & 1 world currecncy, italy may be the the last chance to stop this,if the italians overthrow the monti government,that was not even elected but have taken over in a financial coup, the US is a tyranical police state that is just going to get even worse ,they are planning it now,the bank are going to be used by the super elites to take over the world,install a world central bank,& a carbon tax &carbon credit cap
bulletproof2353 2 months ago
@janusha i think you missed the point of my posts, i just meant that they are next on the list of countries to be imploded by the banks, like italy and greece, look at italy ,they just had there country taken over in a coup,a non elected leader,mario monti,the bilderberg,trilateral commission,goldman saks technocrat was put in charge,he is going to rob them blind and steal everything, and when they finish striping italy and greece they will move on to spain,then the rest of euorpe,ending with
bulletproof2353 2 months ago
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CELEBRITY BLACKOUT !!!
DAMMIT BLACKOUT ALL CELEBS WHO DONT GOT BALLS TO USE THEIR CELEBRITY STATUS TO SUPPORT RON PAUL OR LET THEM SAY WHY THEY DONT SUPPORT HIM AT THE LEAST SO WE KNOW ;)
DONT WATCH THEIR STUFF EVEN IF ITS FOR FREE
THEY MADE ENUFF BUCKS OFF US THOSE STINKIN CELEBS AND NOW THEYRE SILENT?
END THE FED OR FEED THE END :(
RON WINS HEARTS NOT JUST VOTES
ashwadhwani 2 months ago
if he says the dollar is not worth anything because of the economy then i wonder how many times he has been out of country...the pound was always worth more than the dollar( as long as i remember)..but again he is a comedian so he might be Just joking !!!!
abhylash83 2 months ago
@abhylash83
Point is... Most americans are unaware that their dollar aint worth shit anymore. Because in america, a dollar is still a dollar. While over here, we can now buy american products at bargain prices because our currencies go a long way against the dollar these days. This is good and bad. Its good for american export that sell more stuff and stimulate their economy so they can hire more people. But anything you buy from Europe. Such as fuel and cars WILL be more expensive.
Janusha 2 months ago
madness, they may be the only hope the world has left im afraid,if they do not overthrow the government there and soon ,the elites,the globalist will get their world government im afraid ,there was a quiet financial coup, and now there needs to a LOUD violent coup,a revolution ,spain should be worried portugal should be worried, they should all be converging on italy now, to get the goldman saks mob who took control of the country out,or they will rob italy blind,then move on to rape the rest o
bulletproof2353 2 months ago
@bulletproof2353 Violence breeds violence, hate breeds hate, inequality breeds inequality; Money sets us up for in-equivalency as well as nationalism... We need a peaceful revolution, a Juggernaut that cannot be stopped, and will not degrade itself in to in-dignified violence. We need to find a common law once again, we need to root ourselves in the science which has brought us to this situation in the first place. We are confused as little children, but scientists aren't.
sessomaru888 2 months ago
@sessomaru888
All the money isnt gone... Well... some of it is. Around 15 trillion dollars in fiscal values disappeared in the financial mess. Money that didnt actually exist outside computer screens. Sending E-mails to eachothers for decades, increasing fiscal values without control and without actually making a product.
Point is. There is still money in USA. But its in the hands of the upper 1% that owns 95% of america. You need to declare martial law, rise and slay them. Problem solved.
Janusha 2 months ago
@bulletproof2353
Spain should be worried ? Sure... It sucks for SOME people in Spain. however american media is full of European and Asian failures so you dont have to feel so bad about your own position. You like to think Greece will explode and die. Well even if it does. Its only 10 million people.
Fact is... USA has 50 million people living off foodstamps. Living beneath the international standards for poverty. 50 million... Thats more than the entire population of Spain.
Janusha 2 months ago
i really feel the pain of italy, and i am sickened by it and what is being purposed there, like putting advertising on the famous landmarks ,i have been there, and that is just insane,and really tacky ,and really scary ,there is going to massive civil unrest there really really soon,really violent unrest, much worse than greece, there needs to be, they may be happy berlesconi is gone,but it will be short lived,there have already been protest against monti, i hope the italians can stop this madn
bulletproof2353 2 months ago
globalist banker economist technocrat from goldman saks whit a member of bilderberg and the trilateral commission,italy is the worlds 7th largest economy,it "too big to fail,too big to bail" as they say , you watch as they collapse all the countries 1 by one ,ending with germany no the the 3 rd largest i think, second to china but only recently
bulletproof2353 2 months ago
and they are incrementalist about it ,they will chip away little by little the soverignty and economies of the world and slowly consolidate everything,into a corporate fascist state , we are all in big big trouble, there banks and corporations and elites have stolen this country blind with their "complex financial instruments"like "derrivatives" and "credit default swaps" italy is in serious trouble and so is the rest of euorpe,this guy moonti they installed is a dictator a financial one, he is
bulletproof2353 2 months ago
currencies,and install a 1 world fascist government and 1 currency,that is the goal of the people in charge,they just took over greece and italy in a financial coup,and dont think for minute that it wasnt planned all along ,just like the UK not signing on to the euro,that was not a coincidence either,the only smart ones were switzerland,for keeping the franc,and iceland for not taking the bailout ,they have trying to implement their plan for a world government for decades&they are very patient
bulletproof2353 2 months ago
@janusha i agree with garkglitch about leaving too ,if i could afford i would and also dont speak another fluent language, but i think that a currency should not be based on gold either ,it should be based on production and gdp,the country should have to be able to produce and export goods and services to back the money they print ,now the euro is going to collapse too, but just remember it has all been done by design there is an angle american globalist elite that want to collapse all the cu
bulletproof2353 2 months ago
It does seem that way since the last decade it's been tumbling.
tycoonpratik 2 months ago
I know a guy from the Middle East who told me the same thing about the American dollar.
SAMRAM29 2 months ago
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When Ron Paul is voted into office in 2012, I would like to throw the biggest party in the world for the day millions of our black brothers are released from prison for minor drug offenses. For way to long these men have had the governments boot at the back of thier necks to keep the man down. No MORE! Ron Paul 2012!!!
tigeroll 2 months ago
i forgot what's Dave's second name
2paczfan 2 months ago