Saving our Economy by Destroying the Dollar - moMoneyTV.com

[dudess4rent]

wow. sleazy...

[gunnota]

Investing on India is better than Japan....

India is a growing...

[madlam83]

iran will take care of india

[leebee39]

obama is a liar

[FaithfulAndTrue1]

Wow don't we just have Israel give back all the money we lent them?

[robbyhawes]

are you kidding me america is rich!!!!??? 45 trillion in debt does not make america rich! and you state where else would they have gotten 850 billion dollars! The Fed makes it up out of thin air!! this depression will be worse than the Great Depression. Hang on we are in for a wild ride

[FaithfulAndTrue1]

U.S.A can always manifest destiny towards Canada... "Either you ride with us, or collide with us... It's as simple as that for me and my niggas!" -Tupac Shakur.

[ViciousJones]

RIP Tupac

[AllStarDeal79]

well its more like 10 trillion dollars but other than that its still a hell of a lot of money and its not going to be as bad as the great depression but the worst recession since the depression.

[BMWpower335i]

banks going out of business, jobs being laid off? doesnt this remind you of a certain event in 1929?

[Egyptian2k9]

Nop , 1929 crash was bigger than this and if it happens we have to see a big amount of people laid...

[BMWpower335i]

i know... but the trends are similiar. its just happening at a slower pace.

[Egyptian2k9]

Dont forget at 1929 , usa were'nt rich like today , i wonder where they would have gotten 700 billion if they were in 1929...

[dcm05002]

The u.s. was the biggest creditor nation in the world in 1929. we had the most productivity and savings of any other country. We simply could afford to bail ourselves out during the great depression. We have over 50 trillion dollars in foreign debt including all the associated assets, and 70% of our GDP now is on consumption. paper isn't money. products are money, products have value. this country is on a financial precipice and about to fall off. the bond market is next.. hyperinfaltion

[nilesriver2]

Your right, only I think it will be worse. The fiat monetary system is why we will fall. On top of the system failures, we lie and hide the true numbers from the other countries who try to use the fiat system with us. Look up... M3 monetary aggregate, fiat monetary system. you can't have a system based on confidence when the people running it are thugs.

[tuktukktotam]

How can they help economy by lowering dollar value ? Market value will go higher as a direct consequence of dollar devalue and so will anything else . They bail their banks instead of helping general population .They are criminals

[nbm34]

Who picks up the bill when they make rights off

????????????????? does it show in reduced share prices?????

[Skidmark75]

why is it these New York boneheads cant understand that when you run a current account deficit the dollar has to fall until the current account becomes balanced.

[NYInvestingMeetup]

Probably because we prefer to deal with reality instead of the B.S. the media feeds the public. If you look at a chart of the U.S. dollar and the trade deficit since 2002, you will see the dollar went down and the trade deficit went up contrary to economic theory. When theory and reality disagree, we go with reality, apparently you prefer theory. Lots of luck in making money with that approach.

[Toneloc2008]

Here comes the amero to $ave the economy, only way to compete with the european union, is to create the north american one.

[bobdiver7]

If the Amero is instituted for what would be the North American Union - a merging of the United States, Mexico & Canada - you will also see the complete destruction as the United States as we know it. Our country and Constitution will soon be a thing of the past. As is what happened with the European Union and the Euro. Each country's constition is overriden by the European Union's constition in many cases. It completely eliminates each country's sovereignty. Is that something you really want?

[midntrdr]

Rollover. Was it just a movie with Kris Kristoferson in it? or is it what the financial market wants everyone to do while they keep laughing all the way to the bank? Don't most people want a kiss while they are getting screwed?

[zafaryab]

So do you guys think that the dollar was deliberately weakened so they can "sell" us a new economic "union" between Mexico, Canada and the US as well as a new currency?

[marxbitesall]

The Fed is an evil cartel devised by banking's largest competitors to evade competiton by govt sanction at taxpayer expense - and just in time to finance a century of wars taxpayers pay $2.20 principle and interest for every new dollar printed from nothing.

It did NOT cure the socalled business cycle that was always created by banks anyway, and gave us the Great Depression to boot.

[NYInvestingMeetup]

Wait awhile and you will soon be seeing Great Depression II.

[lilnev2000]

When the government doesn't have fiscal responsibility and the Federal Reserve sets policy that allows these big banks to take increased risks, you get this current economic situation. I talk about these issues on my blog over at Zacks and on my youtube page. Check it out sometime. Great interview

[NYInvestingMeetup]

Glad you liked the video. You should join the New York Investing meetup if you don't already belong. We are in agreement about the current state of affairs. See web site in video.

[maxij23]

lol

[dsfgjsbdfgd]

Wonderful and insightful comments, thank you!

[libertarian4322]

Our financial markets shouldn't be held hostage to the whims of the Federal Reserve.

Support sound fiscal policy, vote for RON PAUL for President in 2008!

[Justliquor]

It's amazing how the media tries to paint talk of the Amero and the Mexico to Canada super highway as paranoid talk. Especially since All three nations have been holding publicized meetings in Canada and Mexico on the Amero for the past three years and the initial pre-plan meetings for the highway have also been held. It smells like more cooperation on there part. Hmmm, Liberal media helping Conservative government? They are all controlled by the same vermin.

[blue46gt]

If Ron Paul gets elected, he will dismantle the Fed and restore the US dollar's value by returning it to the gold standard. No more printing of excess money.

Lets save our economy and our savings and get Ron Paul in office.

[jkentc]

Ditto the NAU and Amero comments, and the planned destruction of the dollar. Go to the Ron Paul site, or do a youtube search on ron paul federal reserve. By nature I am not political, but this man is the genuine article.

[K1NGofNYC]

i guess it's about that time huh. i'll just use some packs of smokes for money, like in prison. they're always worth a lot and somebody will always need to smoke and you'd be suprised what pple would do for a single smoke. =D Ash tray anyone?

[delosincopicos]

good video. thanks vlogolution.

[Eriksz]

"US Dollar, you going down bitch"...

Your economy is being messed up by design, get ready for an influx of Mexicans, a merging of USA Mexico and Canada, a destruction of the middle class and the outsourcing of all your jobs. If you like cleaning dishes and being paid minimum wage, enjoy. :)

[sirbadman]

You;re right its by design. When the US dollar sinks more suddenly the solution will be sold to the public in the form of the north american union and the amero. Then America will have way more Mexicans.

[maxij23]

Do you like writing nonsense bullshit?

[JoeShmoe65]

My thoughts exactly! Buy Gold or Euros.  That's what I say anyway.

[tearmocean]

First step: The rate of increase of the average price level in Germany is as high as 13 years ago.

[Universe888]

I still can't believe that our Canadian dollar is now worth more than the US dollar. This is terrible, because our economy is somewhat based on the US economy (including shipping, etc.), and thus OUR economy is going to plummet too. This is ridiculous! We HAVE to do something. I don't know WHAT to do, but first, we've got to get mad. We've got to say, "I'm a human being, GOD DAMMIT! MY LIFE HAS VALUE!"

[EnoughWithReligion]

Universe888: Your life has value. As a consumer. That's it. Our standard of living in Canada and the US will be dragged down by mass immigrations from Latin America. Not just Mexico. All of Latin America. People who can't read or write their own language, let alone English. And it won't just happen here. It's going to happen to Europe too. Billions of poor people are still more profitable than millions of middle class.

[maxij23]

man... you have no idea about what you are talking about.

[EnoughWithReligion]

maxij23: Since you don't live in the States or Canada, YOU don't have any idea what you're talking about. Our country is flooded with uneducated poor from Latin American countries. They're sucking the life out of both countries with demanding health care and welfare. I'm not being racist, just practical. And if you don't live here, STFU!

[maxij23]

by the way. Im German. And I can still saying that you have no idea about what you are talking about.

[FromBoomTown]

Yes, close the borders, sure, deport them, if you want, so poor Americans can have jobs, but still, Mexico is cheaper than the U.S. and companies are going there and to China. Fixing the Fed will increase the value of hte dollar, so things won't be as expensive. I know investors are switching out of the depreciating dollar.

[marxbitesall]

man - u r ignorant

repeat after me - govt loves me, govt loves me..

To govt U R a mere production unit to be bled for all ur worth - that's it - to think otherwise is sheer idiocy

Ron Paul 2008!!!

[FromBoomTown]

Man...you have no idea what you're talking about. Did you not listen to the fucking video? The FED is lying and should be dismantled. Countries are switching off the dollar, some are switching to the Euro. You're anger on a rampage.

[xxunidentifydude]

who cares?

[bluepenguin4]

I cant wait until the Danish Kroner is worth more than our dollar. Last i checked 1 USD got about 6 Danish Kroners,... That was 5 months ago.

[mre2u2]

Canadian dollar already is.. Australian dollar catching up fast :-( PAY THE DAMN DEBT AND STOP PUTTING US MORE THAN 9 *TRILLION* IN THE HOLE... (and GROWING!) {This is just the OFFICIAL debt figure}

[mcnag]

I thought that denmark also participated in the turning to euro's ?

[ryan1558]

i am happy some one has a video about the Economy good for u

[hltds]

interesting interview. good job alex.lool keep the good work.

[soullfire]

A timely post and warning about the weakness of this low volume rally as well the destructive nature of the latest rate cuts.

[whaler3232]

They should talk about how the Federal reserve is not part of the US gov't but is really just a private bank.

[dudekid159]

yea

[expatflame]

Sadly people don't want to hear this

[HiIiIiIiIiIiIiIiIH]

lol..

[minigothvampire]

money........so green.

[andy3625]

money is not green it can b different colors i have a red dollar bill from another country

[minigothvampire]

i didnt know that.thats cool i thought money was just green...

[healy61]

Its so much gold coins. The printed money is backed by gold and silver, so they can only print as much as the gold and silver that are in reserve. Prior to the 70's I believe, it said gold or silver certificate right on the bill. so you could go to the bank and redeem it for gold or silver in that denomination.

[expatflame]

The US dollar is not backed by anything. Go look it up for yourself, "The Fed" is a private bank that prints money as they please.

[marxbitesall]

Correctomundo!!

And every dollar printed from thin air costs taxpayers $2.20 principle and interest in new debt.

The Fed was created by the worlds largest competitors as a govt sanctioned monopoly cartel to guarantee them profits and no competition, like every other industry regulated to enrich the elites on working class backs.

[ArchaicShadow]

The U.S is over 9,000,000,000,000 dollars in debt...

[glocc1999]

thats a lot of money

[andyzdbest123456789]

££££££££££££zdbest

[sirbadman]

Awesome stuff with the charts and the graphs. Good info. Low volume on an uptrend is concerning - to anyone that knows technical analysis. Just one tip though, is it possible to use a different setting/location? I dont like the white walls/living room thing & the way you have framed the shot is rather flat/2 dimensional.

[guitarrox]

yes very intresting

[smileyousee]

wow interesting.. so true

[jcska823]

Thanks for posting,we are in serious trouble.

[Vosslar]

Very well put together. NIce job!

[robrobbins]

Was this some kind of subtle joke?

[RufioJJ]

I love how the background never changes!! even for the serious videos. actually I didnt even know you guys did laerning/serious videos nicce though. very informative-and you should do a vid on hedge funds-I want to know more about that

[vlogolution]

thanks for the kind words RufioJJ! and btw, we did do one on hedge funds! here's the url: youtube. com/watch?v=U0arVLHhC0k

[RufioJJ]

thanks I will be watchin this soon. from paris hilton to money talk-what a broad spectrem! hahaha its actually quite humorous.

[eye8one2]

watch?v=45fBXa7fC0s Check this out

[deathjoker666]

the greedy bastards in office is the root to all the money problems.

[chenchumaruchan]

Muy buen video.

Y por otra parte que guapa es "Vianna".

Felicidades por tener este espacio en Youtube.

[vidmakr]

Can't see gold being used as a monetary standard since our currency is not backed by gold anymore.

[CarbonProductions]

well were not gonan last long. soon were gonna in a different goverment. economy will be raising. we're gonna be fucked soon.

[oblivion292]

if its not backed by gold, what is is backed by?

[vidmakr]

Nothing..it's not even backed by our government. The dollar is printed, distributed and controlled by private enterprise. "The Fed"

[enigxxx]

I need a stiff drink, if I can still afford it. Pass the bottle... !!! ***** Hans:-(

[dreygore]

Thank you for the update. Very informative!

[orki1960]

once, again, our gov't goes the wrong route by supporting the rich and crapping on the little guy. I sometimes wonder if we will do the french thing and revolt against our gov't, they probably wouldn't even notice, he he he.

[eye8one2]

Great vid, keep them coming, people need to be educated and informed. The money masters are planning the demise of the middle class, debt as money is on a course to create a global depression, all for the benefit of those who takeover the collateral that is offered to secure credit for worthless material and amusing and entertaining gadgets. People need to focus on essentials not luxuries and junk.

[mypetals]

you are absolutely correct...right on!

[ksp62562]

Nice video. I keep hearing scare rumers that we might go credit cards- period!

[qualqui]

very interestin' vid, keep posted for more cool info'! thanx for sharin'!

[ATaleOf3Kitties]

Great video!

[KavernKitty]

so , as i pull my gold crowns....

[AnyeongF91]

lol...this would be interesting...people using gold coins again... HAha mario anyone?

[xDarkxKnightx]

-has the strange feeling that along with the use of gold coins there will also be the use of many strange mushrooms-

[nE1canC1]

great video!!

[navtel]

unfortunately yes.. i don't think it is my pc but i will live through it.. i enjoy your vids, info and knowledge.. keep up the good work..

what is up with silver prices?

[navtel]

you need a better sound proof kind of room.. there is too much echo.. i enjoy your video but the echo drives me nuts.

[vlogolution]

are you sure you're still hearing echo navtel?? compared to the past it sounds almost perfect with minimal reverb. we just spent another few hundred on wireless clip-on lapel mics.

[ViciousJones]

should work on sound and delivery. good info though