Dollar vs. Gold Standard (KeepVid.com Edition)

[reverb478]

This is the most eye-opening video ever because its so very true. It should be required viewing for each and every American citizen. To sum up this video would be say: "Our gov't is screwing us and theres not a whole lot one can do about it." They print currency like its going out of style and they do this to cover their own reckless expenditures!

RON PAUL 2012!

[FrustratedKitten]

@MrBigandtastie

Can't tell if trolling.

Or if just really, really, really, really, really, really, dumb.

[SEETHETRUTHb42LATE]

They shall cast their silver into the streets, and their gold shall be [discarded] like an unclean thing or rubbish;Ezekiel 7:19 (Amplified Bible)

[helpAmerica1]

Nixon refused to give up gold to get oil, this created the 70's stand off

gold today should be $156,000 per ounce, gold is therefore useless ...case your wondering, there is not enough gold in the world to cover the real wealth of the world.

[420nub]

good information

[TheNewDemoman]

Wow, this is bad......... 1,200=55,000, thats some serious inflation

[etellurian]

Purpose also gives gold value. Some have made one set of rings for life. These rings are NOT for sale ... ever unfortunately some do not know this.

Thought gives gold value too.

Peace,

E-T

[caltrop69]

I think, at least in part, the reason gold is not shooting through the roof is due to "gold snobs."

How many of you have actually tried to trade physical gold?

You'll wind up discussing the "collectibility" of a particular gold coin with some scuzzy Renaissance-Fayre snob. "Spot" is almost impossible. You'll have to do HOURS of research regarding specific coins, just to talk with this know-it-all.

If you want to be completely owned, trade physical gold. You'll be taken like the mark you are.

[etellurian]

Digital visible currency can move at the speed of light and sound. We-com virtual wallets can move money anywhere light and sound travel even in zero gravity. Perhaps a holiday on the moon is not so far off.

Interactive billboards will offer charity new ways to assure the poor get the help they need.

Peace,

E-T

[CRAPCANNONS]

Who are these people blowing this off?

[pyroteque]

Hey, um, when he speaks of the Bill of Rights, it shows th Declaration of Independence.

[pyroteque]

I meant Constitution, not the Bill of Rights.

[luke19631963]

Here is another illustration as to how gold, and silver, holds it value. Back in Roman times a once ounce roman gold coin would buy one nice toga, a hand crafted belt, and a pair of sandels. Today once ounce of gold will but one well tailored suit, a hand crafted belt and a nice pair of shoes.

[gilbygil11]

your comment is nonsensical

[luke19631963]

No it isn't, it shows how Gold holds its value over time. The same thing cannot be said for any fiat currency.

[9tee]

The world economy has evolved to far into complexity... we can only go back to the gold standard if there is a international total economy structure brake-down. Starting from hunter-gatherer / agrarian level. The observation that it was de-volutionary to go off that gold standard is obviously true...unfortunately it is obvious that humans can rarely go back towards simplicity. .. the mass-mind is "Pandora's box" ... basically... we are in for rough times... the strong can survive the reaction.

[luke19631963]

That is what the greedy bankers who profit off of fiat money want you to believe. It would be easy to go back onto a gold/siler standard. All is would take is for congress to abolish the Fed as they have the power to do and then just go back on the gold/silver standard. Ulimately all the fiat money is part of a larger agenda, a one world govt with a one world currancy.

[64030mo]

This ideo is very revealing! Thank you very much. Why can't the U.S. go back to the gold standard before 1971?!

[christo930]

Can someone answer this.

How can the economy expand when the dollar is anchored to a rare metal that we may not be able to mine as fast as we grow? It seems to me that this would cause massive deflation if the amount of metal is not increasing, yet our productivity is.

Say we found a new gigantic reserve of oil in the US and we wanted to sell it, but there wasn't enough gold in the world for people to buy all oil? We would then HAVE to spend our gold to sell more oil. Is there a better way.

[mudwhistle]

The point is we wouldn't be using IOUs anymore. The dollar can be backed by whatever items of intrinsic value available as far as I'm concerned (Silver or other precious metals). Hell, I'd even go back to beaver pelts.

[christo930]

I think the best backing to the dollar would be KW hours. Besides food, energy is the most needed "thing" in existence. If the economy collapsed, what would you rather have food/energy or gold? We can do without gold and food is not rare enough, but energy is needed by everyone on earth. I don't know how it would work (that is, what store of energy would be used), but it seems much more valuable than Gold. Energy will never be so cheap to not have any value.

[mudwhistle]

Good thought, but energy has no intrinsic value. I'm reminded of that everytime I walk outside and get burned...literally ( I'm fair skinned ). Energy is so abundant it wouldn't carry the same weight as a precious metal. We have wind, water, and solar readily available to us. Those who profit from energy consumption would lead you to beleieve that you have to use fossil fuels to power everything. I'm getting some land and getting "off the grid" ASAP.

[christo930]

We are a very long way from using solar energy as a main source and it most likely won't be PV. PV is the most expensive energy electricity their is, especially in an inflationary economy (paying for tommorows energy in todays dollars). To a LARGE degree, energy already is the backing of dollars and euros. The dollar is backed by the US economy which runs on energy. The KWH is a great store of wealth

Solar is an enormous amount of low temp energy. A hot bath won't light a cigar, but a match will

[CouldNotBeMore]

christo930--its because of all the money Israel is suckin out of the taxpayers, Israel is the biggest welfare fraud to leach off the country in history ,they have destroyed the govt with the AIPAC lobby chasing all the politicians to corrupt them

[WarDogLRS]

Thx for helping out to get people woke up to there Federal Reserve and it gets worst folks.

[TrueConservative123]

If you want to stop our fiat currency, the Federal Reserve, and Abolish the IRS by following the U.S. Constitution then vote Chuck Baldwin for President.

Baldwin08(dot)com or ConstitutionParty(dot)com

[Carlitos1010]

Gold is money, it always has been and it will be for a very long time.

[RicarteRiveradotcom]

Made favorite. Excellent information, thank you for helping people discover the truth

[Jay1life]

good stuff

[denekawa]

Hey DrRon. I'd love to accept your invite but You Tube won't give me access to friend requests or mail. This is my only method of replying. Sorry for the inconvenience and keep on making great videos. Can you say subtly banned? Peace!

[menderfire9]

Interesting, the government doesn't need to raise taxes, all they have to do is see to it that more paper money is printed? It's embarrassing to admit it but I'm slow, I don't get the tax connection. Can somebody help me here?

[frzngds]

@menderfire9

By tax, I think he means burden - especially

on people's savings and for people on a fixed income.

Here's another interesting video on Inflation.

v=AC1S0zH61rk

[Droog578]

How hard an item is to acquire effects value. If i have say ten baseball cards of greg maddux and there were only 100 on the planet the would be worth more based on the difficulty of obtaining them. But say Topps prints 9000 more of that exact same card. My ten would be less rare and the price would fall.

Incredibly overly simplified analogy but it seemed to make sense to a friend when i tried to explain this all to him.

I hope it made as much sense as it did to him.

Simply put supply and demand

[Piscivorus]

Taxes do nothing but provide Congress with a guaranteed source of revenue which they use as collateral to borrow unlimited sums of money from the Fed.

[freedomsillusion]

Thank you for sharing! Very informational!

[Snowflake70]

I agree.

[boobitti]

Obama and Clinton belongs to CFR, so both are owned. THE only hope is Ron Paul, I guess,.,

[saffrongirl]

I be live it. I'll past it on.

Thanks was a eye opener.

saffrongirl

[YouTubReptilian]

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[APB187]

Its simple instead of having the money lose value and worry about conversions the gold standard creates a constant commodity value at all times

[Piscivorus]

Ya, it's called price control and it comes straight out of the communist handbook. ;(

[kosurge11]

we need the Gold Standard!

[superjump01]

Gold is at 850 dollars an ounce right now. What happens when gold falls back down to it's historical average of 350 dollars an ounce the dollar will lose over half of it's value. In 79 gold was 700 an ounce just 2 years later it fell to 300. In 1999 it fell to 250. It took over 25 years before it would be worth 700 hundred again. That kind of fluctuation is even worse then the current rate of inflation.

[GinsingSullivan]

A great documentary, on YouTube, that explains this really well is "Money, Banking and the Federal Reserve" by the Ludwig Von Mises Institute.

[YouTubReptilian]

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[StephenKuma]

damn...i have a sore head.

i wanna understand this so baad!

[YouTubReptilian]

Go to the first link on About This Video to check out the second part of this three part series.......

[knoxrox167]

it basically says that americas economy (thanks to the federal reserve) is going to hell faster than ever.

[GentillyTerrace70122]

Great video and great economics lesson! Most people don't realize when Dubya began his term, the US had a $5 trillion surplus and now we have a $3 trillion deficit...no wonder gas costs so much...the dollar ain't worth squat...the country's "credit cards' are maxed out!! I hope the next president who ever that is will listen to Ron Paul and his economic way of thinking.

[superjump01]

THERE WAS NEVER a 5 TRILLION surplus. when he took office there was a 5 billion debt. There hasn't been a surplus in over 30 years

[ProgressiveModerator]

Yes the 5 trillion surplus was exaggerated. Bush inherited from Clinton a fiscal surplus of $127 billion. In his first year he turned that into a deficit of $158 billion. In his second year, he ran a deficit of over $400 billion-a swing to the worse of over $600 billion in only two years.

[superjump01]

Thats a much more reasonable assessment then "5 Trillion" surplus. But I have heard from several sources that this was only Clintons operating budget, but I could vary well be wrong. I do Remember that a lot of people got screwed over during the Clinton administration. Such as Ludacris tax hikes for High income people and Massive budget cuts for the military.

[IIRonPaulI]

Fact!

[YouTubReptilian]

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[phreshrulesyou]

7vWfl34Xc7k

the truth can hurt.

[vedynicechaifaiveh]

624787! Look it up!

[YouTubReptilian]

Everyone's reposting this video.

[Felix1085]

Ron Paul is right once again.

[WalksOnClouds]

From our Declaration of Independence...

"...that whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government"

How long will we stand for our government's destructive ways?

[WalksOnClouds]

This is why gold is going up in price; the dollar is falling through the floor.

How much gold do you think our country would have to "buy" to bring itself up to back its money. I suppose that'd actually be impossible wouldn't it?

What a sad thing our politicians are not held accountable for violating the Constitution. From Nagel in LA to Bush in DC, these people need to answer for their trespasses of our liberties.

[YouTubReptilian]

Hope this video keeps spreading like wildfire. Everyone must know this right now. Cannot wait for next episodes

[Goobyusa]

A lot of people are buying up gold and silver today, anticipating another great depression. How do you see things panning out for them? Do you think the Fed will somehow find a way to bring down the value of gold/silver?

[celestialbing]

On June 4, 1963, John F. Kennedy signed a virtually unknown Presidential decree, Executive Order 11110, a mere four months before his assassination on November 22, 1963. This decree returned to the U.S. Federal government the Constitutional right to create and "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury."

[NeoArawak]

YWhy you cant stop the video? There is no video bar

[chefsanders70]

zeitgeist! see the movie, think things out

[pete1900000]

I have question.

US government had print more money because the government spent too much money, ie infrastructure, war and education etc.

The core value of capitalism is pro-growth, so make more stuff, sell more stuff and buy more stuff is the way to make the economy grow.

With that, I think the dollar can not maintain the same value.

Can you explain to me, am my opinion wrong?

[milliradian]

Capitalism = seeking profit. It's not about profit, is about power, in my opinion.

[DirgeRequiem]

If we switched to a gold standard the price of gold would almost double in price.

[TerranKyra]

Because the money you'd be buying it with has left the gold standard in the first place and lost its value, correct. A return to the gold standard isn't something you can just implement overnight at this point, but certainly we need to find a way to stop the debt trend that's creating this illusion of wealth while the middle class and poor suffer for it.

[milliradian]

Private Voluntary Barter Currency. Just don't tell the Fed, they get angry when "you" deflate the value of their own private currency.

[NanaHall55]

This is definitely one of the most clearly stated, concise videos about the "gold standard". It's just terrific! Even a 5th grader could understand this one. Nice job! I will save as a favorite but wish I had a DVD I could share with those not on the Internet.

[schell939]

I'm with you brother!

[milliradian]

They didn't tell me any of this in school :(

[TerranKyra]

That's cause the people who approve the school curriculum are the same people that are fucking us by destroying the currency. They want you just smart enough to run the machine, but dumb enough to passively accept shittier jobs, shittier pay, the end of overtime and pension.

[WalksOnClouds]

Exactly...dumb them down, feed them entertainment and distorted truth and they become lazy, happy slaves of the government.

[TerranKyra]

I wouldn't say happy slaves, but obviously not pissed off enough to do something about it. People seem to have taken on this "suck it up" mentality because they believe that life is supposed to be hard and its something we all have to deal with. They believe that, being strong is not complaining. Did you know fluoride makes people complacent? Many major cities fluoridate their water and they expect us to believe it's for healthier teeth? ...

[WalksOnClouds]

Not pissed off enough...yet.

But that's why they're trying to take away guns. It's not about safety, its about control.

Oops, I better be careful. I don't want to be labeled a domestic terrorist and have all my rights taken away!

I better go drink some water & calm down.

[TerranKyra]

Or get a Vaccine with mercury in it. (A mind suppressant....along with aspartame.)

[WalksOnClouds]

We're the same way, no vaccines for our kids. Every year we used to get sick from receiving flu shots. Since stopping, our family hasn't gotten sick...AT ALL. That's probably whats causing all the autism as well. I'm just real suspect of the whole vaccination program as well.

[TerranKyra]

Maybe that's why the dentist makes you rinse with fluoride right before telling you to come back and give him money every 6 months.

[bappi11]

great video

[JoeyPencils]

good job

[look2leap4]

Great Job.

[smirenger]

5☆5☆5☆5☆5☆tars from: smi-ren-ger!

[KenMacMillan]

This is a problem that everyone knows about & nobody wants to admit to. See it on MSNBC here...

watch?v=OS2fI2p9iVs

[kjgear]

Thanks for the video.

Nice delivery without sounding preachy.

*thumbs up*

[jonomir]

Amen. I love this video. Very nicely explained.

[fckuvrymch]

EXCELLENT.

Thank you.

[iTellYouNoLie]

run that shit son.

[KevCal510]

great video

[laetrille]

This is all very true but the media manipulated American public will never see how helpful the gold standard could be because most people dont know about the gold standard. Ignorance and arrogance at its purest form.

[greenbean1984]

great video. says it perfectly.

[YouTubReptilian]

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[jldrbjr]

I liked the video. Well done.

[brentvannmorgan]

great video breaks it down very well.

[eye8one2]

Excellent vid, shame most are to ignorant to realize they're being enslaved to debt as $. Along w/debasing $ via fiat currency scam, the money masters or global power elite have seen to debasing our drinking water (fluoride), food chain (mad cow, artificial sweeteners etc) as well as debased our collective spirit, promoting materialism/ignorance, lust for amusement/entertainment in lieu of freedom & liberty. Thru the ignorance of the majority, they bind us all to the elites charade.

[Beatleha]

Executive Branch Dream Team = Dr. Ron Paul, Jesse Ventura, Mike Gravel, Dennis Kucinich, Cynthia McKinney, Robert Wexler, Marci Karput, Ralph Nadar, Russell Means, Peter Schiff. Bob Barr

[YouTubReptilian]

Will they all unite to save the U.S. Constitution???

[Beatleha]

If we spread the word.... who knows?

[DRp350]

there is nothing we can do about it. Becauuse most of us will fight for actions in Tibet than look into our own nation, and those fat cats on capitol hill are going to run it as far as possible, mabye forever.

[djdestroyer]

i miss the gold standard... soft money is weak

[ruscho]

cmon, spread the word, share the video!

[prophetmtd]

All Ron Paul people are educated on whats going on so all of us MUST RUN FOR Office we can take over both Parties

[Robert697]

I wish I could, but the slime media would dig up my past from 18 years ago, and use it against me. Then I'd be nowhere but under a bus, with my innocent family up under there with me. It's sad that slimeballs like McCain and Clinton are so powerful, they can pay big bucks to sweep their Everest-sized crap under a rug without even a blink of an eye.

[Boscovius]

Volunteer to be appointed as a Precinct Captain in your precinct. It's the lowest level of representative you can aspire to. Trust me, no one is going to look into your past at that level. But you will get to vote for your party chair, and that is real influence. I've been trying to get everyone to do this. I've done it myself and will be sworn in next week.

[Robert697]

Congrats on the appointment. I'll look into it. Thanks!

[Unclepooplug]

Excellent video if more people see it they might just pull their heads out of their asses.

[YouTubReptilian]

Thanks, I'm posting on my channel ASAP. Most important vid on the internet.......