Our kids will be wonderful liars! "I love you Mom & Dad." "No, I didn't pick the cheapest present they had. I thought you'd love bath soaps." "it's a really great retirement home, they're highly rated, and they'll never steal from you." Aleksandr Solzhenitsyn is somewhere having a good chuckle. Coincidentally, I wonder what he'd think od Americans getting accurate news from Russia.
"The Bretton woods is was not a true gold standard." - It always catches my ear when I hear this type of argument. This is the fall back position of every economist. Not that I agree or disagree with him in this particular case, its just the same argument format over and over. The argument goes like this, 'Yes that is an example of the policy Id like to implement but it didn't go far enough and that's why we didn't get the we would get if we implemented that policy now'. Agree?
@eliasmouawad Please stop with this kind of thing. He is the president and a guy like us and Im sure he has his hands full every day. Why dont you help us?We need new good ideas and its ok to be wrong but its not ok to be hateful. Maybe you have some good idea. This is a very exiting time to live in and we have a new guy that seems to want to help us ordinary people.Change things by helping.
FFS will these people please stop talking about restoring the gold standard fucks sake! YOU WOULD NEED TO RE VALUE GOLD TO SOMETHING LIKE A MILLION AN OUNCE! will these cunts please shut the fuck up!
We absolutely need to go back to a gold backed paper currency or we are toast. Paper is worthless since it can be created at will. Gold can not be created it is reasonably scarce and never truly gets used up like oil. I have no issue with using the US paper dollars around the world but at what value.
I would like to hear Mr Keiser s opinion on money based on infrastructure and also money based on GNP shares like in short history of the future book and other possibility's. Thanks for posting..
yes stacy there was a greek flag at the attempted storming of the dail, i saw one again at the protest 2 days ago. gonna try and find a shop that sells greek or icelandic flags and bring them to protest next tues
Check out youtube market analyst " thepracticalinvestor". Tony nailed this drop a month back and has updated his analysis today to provide and even scarier view over the next 3-4 weeks. If you are in equities long GET THE HELL OUT NOW.
A gold standard is not necessary, nor will it solve all of our problems overnight.
The key lies in the availability of money to the people in order to conduct trade in a fair and balanced method. A fiat currency backed by nothing can be balanced by the government, providing that the people are monitoring their government.
But anyway, the whole END THE FED movement is all about gold standard, and my wishes are the same. I'll march to the tune.
NOW here's an irony at 12:40 we are told that the UN respects human rights and that it is Blue hat days from May 22nd to 23rd.
Has the UN forgot about all the stories that have come out about their own soldiers rapping young women???
Hello? how dare they celebrate the Blue hats with this type of video,it's nothing more than a slap in the face of all the women that have been raped by the UN !
There already is a fractional gold reserve model. It's the gold ETF's and COMEX/LBMA futures contracts that have more claims than there is physical precious metals in existence. As long as no one takes delivery and believes tungsten is as good as gold, no one is the wiser. Fractional gold reserves is the basis of modern day fractional reserve, fiat currency, central banking.
I keep saying IF YOU WANT YOUR FREEDOM & DON'T WANT TO BE A SLAVE, HAVE PHYSICAL GOLD AND SILVER IN YOUR HANDS!
The reason why people oppose a gold standard is more moronic and reflective of how stupid and dumbed down the common man is. They think because they don't own any gold and/or silver they would be POOR in a gold standard system. That's how stupid people are. A market commodity standard means money is redeemable in a market commodity and the worth is in control of the markets not private or gov't interests. You have to be incredibly stupid to understand the common man.
@harveybirdmannequin I understand what you're saying, but I still don't see any commodity as a viable currency, long term. Gold/silver are mined, right? To get more, we have to keep digging ever deeper into the earth. That just doesn't square with my idea of sustainability. In my view, oil and military force are what backs our money right now, and we see how that's turning out, don't we?
It's not that Au&Ag mining is environmentally damaging or unsustainable. It's that a market commodity standard will always be finite while human ingenuity and labour (as long as civilization exists) is infinite. That's the root problem (implications can't be explained in length here).
Market commodity = a store of value as voted by market confidence. Not necessarily Au&Ag. The aim is to take the authority of issuance and valuation of money away from private and gov't interests.
@harveybirdmannequin Yeah, the comments section is very limited. The only creatures on earth who value gold, silver, oil etc; are us. Wouldn't it be better if we pegged our currencies to our population level? After all, we're the only ones who value money, as well. I'm not suggesting that you get a million dollars when you turn 21. I'm saying that if there's a fixed amount of "money", based on the number of people who use it, it could be managed.
@diver618 Wish I was smart enough to answer you. I think it would involve abolishing the Fed and the IRS to put money issuance back with Congress. US Treasury takes the place of the Fed and loans money at interest (don't need the IRS) to commercial (but not investment) banks. But the catch is; Treasury's authority to issue is limited by law at 'X" dollars per person above ground, plus accrued interest. Or something like that...
@asbestosicould That's a unique idea but it would fail miserably as people would be coerced to have many children, overpopulating the world, and becoming aggressive for more resources. In fact, I'm trying to understand why we abandoned the gold standard, and so far, I think the primary reason is that gold required all parties holding gold benefit from any increase in value... something each country doesn't want for the opponents. We use GDP now, which I think makes sense - productive output.
@Ranger4564 Two things: I've heard that argument that people would just go crazy having chillun'. Remember, the money supply grows, and shrinks, right along with headcount. Of what advantage would it be to have more rugrats? I'm not advocating welfare; the money does not go directly to the child, or its parents. It is made available by Treasury, to be lent at interest to commercial (not investment!) banks, not individuals.
@Ranger4564 cont'd. The second thing is that I happen to remember a little tale of a man called Jesus overturning the money changers' tables at the Temple. The money changers took in gold and silver for "safekeeping" and issued paper iou's. Can you see where this is going?
Didn't work 2000 years ago, won't work now. People are the basis of worth, not gold.
@Ranger4564 cont'd, again- We use GDP for what? To measure the output of a 70% consumer economy? We base our worth on what we consume, and call it production? Even if that were true, it wouldn't be nearly as awful as letting a private cartel set interest rates and relying on fractional reserve to create new money.
BTW, Nixon abandoned gold in 1971 b/c it was apparent that inflation had eclipsed the $35/oz. guarantee. Look where it is now.
@asbestos; You're making multiple mistakes in reasoning. You appear to think that increased supply of currency is a bad thing... which it is, but when all available currency has been gathered by the cheating Bankers, as it regularly is, then people will want more currency even if it's almost valueless, so more children. Same for Gold by the way. Gold has no more intrinsic value than a piece of paper. It's what you tie the product to. GDP is production, so less production = lower value of $.
@Ranger4564 The main reason Gold was used I suppose is because it is in limited quantity. But that quantity is being increased every day, each year, so it's also being devalued to a lesser extent. In one period of history, people agreed to use certain sized sticks. Paper is convenient because it's light. It's not convenient because it's easily reproducible so it can be over printed. You can stop that by making sure only so many dollars are printed per $ of goods produced. It's just a rule
@Ranger4564 By the way, I would not be offended if you were proposing giving everyone money... it's actually what I advocate. Yes, I am socialistic / communistic... not the dictator part, but the communal part. Anyway, I don't think the problem is the currency, it's the system in which it's used.
@Ranger4564 I'm for the Constitutional Republic idea- which we were supposed to be. Now we live in fascistic regime. Banks and corporations must be saved at any cost. But screw the little guy, he doesn't have the cash to buy votes/influence. I think if you give away free money, it encourages bad behavior. But, all things considered, I'd rather see us get a bailout than Goldman Sachs.
@asbestosicould The difference is something I wrote about recently... trickle up vs trickle down. In effect, I'm not advocating giving money away to rich or poor, I'm advocating coming up with a socio-economic model that benefits us without dehumanizing us or making many people needlessly suffer. We have the ability to create surplus, but we're intentionally choosing not to, so that some people can make profit. I find that despicable. I also think the banks are enacting a coup.
Keiser , it's time to start Thailand - Bangkok variation , it's by the way here in Sweden we get coverage that some Red tee shorted hooligans start chaos , it's hard to believe that is so like they say after seeing kids old people , even bubo believes gets in action . To me it looks like people fighting for one freedom get out of slavery
Lets see the bankers stole Billions and Billions and ruined the lives of Millions of people and doomed as many more into an life of poverty So yeah lets chop off there heads it only seems fair.
@theabomation - Sounds cool, shame they will just serve up the usual patsies and continue on business as usual. Government and the judiciary know who pays their wages. They will do as they are told until we as a whole get a grip and wake the hell up.
We need sophisticated head-choppers for these banksters and their prostitute politicians that will make the French Revolution seem as a sunday picnic!
Simple but yet entertaining and engaging..
lorriehacey 5 months ago
the best info
erikis894 5 months ago
Our kids will be wonderful liars! "I love you Mom & Dad." "No, I didn't pick the cheapest present they had. I thought you'd love bath soaps." "it's a really great retirement home, they're highly rated, and they'll never steal from you." Aleksandr Solzhenitsyn is somewhere having a good chuckle. Coincidentally, I wonder what he'd think od Americans getting accurate news from Russia.
itsanameisntit 1 year ago
"The Bretton woods is was not a true gold standard." - It always catches my ear when I hear this type of argument. This is the fall back position of every economist. Not that I agree or disagree with him in this particular case, its just the same argument format over and over. The argument goes like this, 'Yes that is an example of the policy Id like to implement but it didn't go far enough and that's why we didn't get the we would get if we implemented that policy now'. Agree?
GorgonLuvs8008135 1 year ago
Max rawks!
valmorgan 1 year ago
For being in Beijing there is no lag or delay at all. How did they get such a good connections?
birdog45 1 year ago
Episode 3 was "the" best one... All are good... BUT this episode is THE best!
packoo 1 year ago
thumbs up
yougiberishtube 1 year ago
In other words we will continue to see prices rise as they are doing now.
ThisBoyTV 1 year ago
Search For
"OBAMA MADNESS PROGRESS"
eliasmouawad 1 year ago
@eliasmouawad Please stop with this kind of thing. He is the president and a guy like us and Im sure he has his hands full every day. Why dont you help us?We need new good ideas and its ok to be wrong but its not ok to be hateful. Maybe you have some good idea. This is a very exiting time to live in and we have a new guy that seems to want to help us ordinary people.Change things by helping.
diver618 1 year ago
@diver618 He is the president AND a guy like us? Who is *us*?
jum401 1 year ago
Since GOD is being credited with creating all of what man calls the universes, MASTER
of all living & non-living things.....
The animal known as human has always been an ignorant species, easily conned,
easy to lead by the nose. I don't know about anyone else on this earth, Has
anyone ever been shown what could be legally called a notarized document,
from the Creator, what ever name you choose, in black & white, posted for the
world to see?
with
recticuli 1 year ago
Thanks for exposing Iceland & Greece fraud to their Citizens MAX is the MAN !!! need more like you Hero for Youth , The Modern day Elliot Ness
louis12346 1 year ago 3
LOL. It appears as if Mr. Kim just got back from having a molar pulled at the dentist. The right side of his face is all puffed out.
vidviewer619 1 year ago
FFS will these people please stop talking about restoring the gold standard fucks sake! YOU WOULD NEED TO RE VALUE GOLD TO SOMETHING LIKE A MILLION AN OUNCE! will these cunts please shut the fuck up!
dikkydoo1 1 year ago
Comment removed
RainstormGB 1 year ago
We absolutely need to go back to a gold backed paper currency or we are toast. Paper is worthless since it can be created at will. Gold can not be created it is reasonably scarce and never truly gets used up like oil. I have no issue with using the US paper dollars around the world but at what value.
taineasy 1 year ago
I would like to hear Mr Keiser s opinion on money based on infrastructure and also money based on GNP shares like in short history of the future book and other possibility's. Thanks for posting..
diver618 1 year ago
yes stacy there was a greek flag at the attempted storming of the dail, i saw one again at the protest 2 days ago. gonna try and find a shop that sells greek or icelandic flags and bring them to protest next tues
haulpartnett 1 year ago
Check out youtube market analyst " thepracticalinvestor". Tony nailed this drop a month back and has updated his analysis today to provide and even scarier view over the next 3-4 weeks. If you are in equities long GET THE HELL OUT NOW.
taineasy 1 year ago
GO BACK TO TALLY STICKS IMO!
jihadage 1 year ago
A gold standard is not necessary, nor will it solve all of our problems overnight.
The key lies in the availability of money to the people in order to conduct trade in a fair and balanced method. A fiat currency backed by nothing can be balanced by the government, providing that the people are monitoring their government.
But anyway, the whole END THE FED movement is all about gold standard, and my wishes are the same. I'll march to the tune.
Dyhalto10 1 year ago
NOW here's an irony at 12:40 we are told that the UN respects human rights and that it is Blue hat days from May 22nd to 23rd.
Has the UN forgot about all the stories that have come out about their own soldiers rapping young women???
Hello? how dare they celebrate the Blue hats with this type of video,it's nothing more than a slap in the face of all the women that have been raped by the UN !
connectingdots1 1 year ago 3
Great commentary on gold standard v. fiat currency.
iFreedom4ever 1 year ago 2
I'm still waiting for Max to get one of those Wall Street criminals on this show!
krislyttle 1 year ago 3
Search For
"CIA NEW FIASCO"
hilarious
eliasmouawad 1 year ago
Great show today Max. One of your best for a while.
westwaytv 1 year ago 12
There already is a fractional gold reserve model. It's the gold ETF's and COMEX/LBMA futures contracts that have more claims than there is physical precious metals in existence. As long as no one takes delivery and believes tungsten is as good as gold, no one is the wiser. Fractional gold reserves is the basis of modern day fractional reserve, fiat currency, central banking.
I keep saying IF YOU WANT YOUR FREEDOM & DON'T WANT TO BE A SLAVE, HAVE PHYSICAL GOLD AND SILVER IN YOUR HANDS!
harveybirdmannequin 1 year ago 4
@harveybirdmannequin
The reason why people oppose a gold standard is more moronic and reflective of how stupid and dumbed down the common man is. They think because they don't own any gold and/or silver they would be POOR in a gold standard system. That's how stupid people are. A market commodity standard means money is redeemable in a market commodity and the worth is in control of the markets not private or gov't interests. You have to be incredibly stupid to understand the common man.
harveybirdmannequin 1 year ago 2
@harveybirdmannequin I understand what you're saying, but I still don't see any commodity as a viable currency, long term. Gold/silver are mined, right? To get more, we have to keep digging ever deeper into the earth. That just doesn't square with my idea of sustainability. In my view, oil and military force are what backs our money right now, and we see how that's turning out, don't we?
asbestosicould 1 year ago
@asbestosicould
It's not that Au&Ag mining is environmentally damaging or unsustainable. It's that a market commodity standard will always be finite while human ingenuity and labour (as long as civilization exists) is infinite. That's the root problem (implications can't be explained in length here).
Market commodity = a store of value as voted by market confidence. Not necessarily Au&Ag. The aim is to take the authority of issuance and valuation of money away from private and gov't interests.
harveybirdmannequin 1 year ago
@harveybirdmannequin Yeah, the comments section is very limited. The only creatures on earth who value gold, silver, oil etc; are us. Wouldn't it be better if we pegged our currencies to our population level? After all, we're the only ones who value money, as well. I'm not suggesting that you get a million dollars when you turn 21. I'm saying that if there's a fixed amount of "money", based on the number of people who use it, it could be managed.
asbestosicould 1 year ago
@asbestosicould Hey thats a good idea. Talk more about how this could work. I think thats very smart. A new idea.
diver618 1 year ago
@diver618 Wish I was smart enough to answer you. I think it would involve abolishing the Fed and the IRS to put money issuance back with Congress. US Treasury takes the place of the Fed and loans money at interest (don't need the IRS) to commercial (but not investment) banks. But the catch is; Treasury's authority to issue is limited by law at 'X" dollars per person above ground, plus accrued interest. Or something like that...
asbestosicould 1 year ago
@asbestosicould That's a unique idea but it would fail miserably as people would be coerced to have many children, overpopulating the world, and becoming aggressive for more resources. In fact, I'm trying to understand why we abandoned the gold standard, and so far, I think the primary reason is that gold required all parties holding gold benefit from any increase in value... something each country doesn't want for the opponents. We use GDP now, which I think makes sense - productive output.
Ranger4564 1 year ago
@Ranger4564 Two things: I've heard that argument that people would just go crazy having chillun'. Remember, the money supply grows, and shrinks, right along with headcount. Of what advantage would it be to have more rugrats? I'm not advocating welfare; the money does not go directly to the child, or its parents. It is made available by Treasury, to be lent at interest to commercial (not investment!) banks, not individuals.
asbestosicould 1 year ago
@Ranger4564 cont'd. The second thing is that I happen to remember a little tale of a man called Jesus overturning the money changers' tables at the Temple. The money changers took in gold and silver for "safekeeping" and issued paper iou's. Can you see where this is going?
Didn't work 2000 years ago, won't work now. People are the basis of worth, not gold.
asbestosicould 1 year ago
@Ranger4564 cont'd, again- We use GDP for what? To measure the output of a 70% consumer economy? We base our worth on what we consume, and call it production? Even if that were true, it wouldn't be nearly as awful as letting a private cartel set interest rates and relying on fractional reserve to create new money.
BTW, Nixon abandoned gold in 1971 b/c it was apparent that inflation had eclipsed the $35/oz. guarantee. Look where it is now.
asbestosicould 1 year ago
@asbestos; You're making multiple mistakes in reasoning. You appear to think that increased supply of currency is a bad thing... which it is, but when all available currency has been gathered by the cheating Bankers, as it regularly is, then people will want more currency even if it's almost valueless, so more children. Same for Gold by the way. Gold has no more intrinsic value than a piece of paper. It's what you tie the product to. GDP is production, so less production = lower value of $.
Ranger4564 1 year ago
@Ranger4564 The main reason Gold was used I suppose is because it is in limited quantity. But that quantity is being increased every day, each year, so it's also being devalued to a lesser extent. In one period of history, people agreed to use certain sized sticks. Paper is convenient because it's light. It's not convenient because it's easily reproducible so it can be over printed. You can stop that by making sure only so many dollars are printed per $ of goods produced. It's just a rule
Ranger4564 1 year ago
@Ranger4564 Here, check this out also. search for measuringworth uscompare on google.
Ranger4564 1 year ago
@Ranger4564 By the way, I would not be offended if you were proposing giving everyone money... it's actually what I advocate. Yes, I am socialistic / communistic... not the dictator part, but the communal part. Anyway, I don't think the problem is the currency, it's the system in which it's used.
Ranger4564 1 year ago
@Ranger4564 I'm for the Constitutional Republic idea- which we were supposed to be. Now we live in fascistic regime. Banks and corporations must be saved at any cost. But screw the little guy, he doesn't have the cash to buy votes/influence. I think if you give away free money, it encourages bad behavior. But, all things considered, I'd rather see us get a bailout than Goldman Sachs.
asbestosicould 1 year ago
@asbestosicould The difference is something I wrote about recently... trickle up vs trickle down. In effect, I'm not advocating giving money away to rich or poor, I'm advocating coming up with a socio-economic model that benefits us without dehumanizing us or making many people needlessly suffer. We have the ability to create surplus, but we're intentionally choosing not to, so that some people can make profit. I find that despicable. I also think the banks are enacting a coup.
Ranger4564 1 year ago
Who wants to be a citizen in this corrupt system?
Check the Freeman movement.
Iseeyoursoul 1 year ago
Good job Max!!
BMWg84 1 year ago
"DING-DING-DING-DING-DING" - *LOOOOOL*
RT rocks so totally!!
Tressco 1 year ago
Forth Reich... Brilliant!!
RUfistinme 1 year ago 3
Keiser , it's time to start Thailand - Bangkok variation , it's by the way here in Sweden we get coverage that some Red tee shorted hooligans start chaos , it's hard to believe that is so like they say after seeing kids old people , even bubo believes gets in action . To me it looks like people fighting for one freedom get out of slavery
Vidas666 1 year ago
Dr.Kang Lee,is lying....
shnozzel12 1 year ago
very insightful
godseyeview 1 year ago 2
Lets see the bankers stole Billions and Billions and ruined the lives of Millions of people and doomed as many more into an life of poverty So yeah lets chop off there heads it only seems fair.
theabomation 1 year ago
@theabomation - Sounds cool, shame they will just serve up the usual patsies and continue on business as usual. Government and the judiciary know who pays their wages. They will do as they are told until we as a whole get a grip and wake the hell up.
28318511 1 year ago
Off with their heads!
usergently 1 year ago
@usergently Yes a good ole head lopping!!! I'd buy pay-per view for that!! OFF WITH THEIR HEADS!!!
RUfistinme 1 year ago
Max is obviously a sophisticated Finance professional. He has a Statist - Collectivist streak though. Some Mises would make him more tolerable.
Ksabrs45 1 year ago
excellent show as usual max and stacy
monoxygen2012 1 year ago 6
Comment removed
goldandsilverinvest 1 year ago 4
There has also been protests in Ireland. RT have given it coverage also.
CredoCatholicJournal 1 year ago
About time the cabal of accountants,PWC and others,were arrested.
Nice to see the repoting of rioting in Thailand is a class struggle as it always is,yet RT is the only one to report that story.
justjacqueline2004 1 year ago 3
Fantastic Guest! Its refreshing that someone addressed the idea of money backed by NOTHING.... someone has to!
AlterEgoTrip 1 year ago 5
We need sophisticated head-choppers for these banksters and their prostitute politicians that will make the French Revolution seem as a sunday picnic!
Hendo1974 1 year ago 2
Solid show.
dabruin2 1 year ago 4
The best show on RT!
SvrchovaneCechy 1 year ago 15
Very funny/scary.
foolproofman 1 year ago
nice video come to se my video
fumezenorm 1 year ago
Pause at start... This is going to be good. Merkel made a move I KNOW Max won´t ignore.
CheeezMaster 1 year ago
I find that reserch scarry...
Dont worry parent! if you children are psychopats thats ok they will make perfect bankers!
ZerqTM 1 year ago
@ZerqTM you got that right, its the same down here in aust
thefairlysimple1 1 year ago
hit them hard chavez!!!!
revozuela 1 year ago
@revozuela fuck chavez
CheeezMaster 1 year ago
thanks max :)
donkey69donkey69 1 year ago 3
1st! fuck yeah!
Englandareshit 1 year ago