dying dollar to be replaced ( Max Keiser ) devaluation inflation

[raspberrybaggio]

Stacey is so hot !

[1XMarksSpot]

Ron Paul 2012! The only honest and constitutional presidential candidate! Research his consistent voting record and decide for yourself.

Ron Paul 2012!

Campaign for Liberty

website

[deadrepublicantv]

Have you been watching the silver and gold prices? Have you seen gas prices? Have you watched the food prices?!?? ITS HAPPENING NOW!!!

[deadrepublicantv]

Kinda sounds like the Norm McDonald of finance LOL!

[kentucy9999]

Who's gonna collect the debt?............The creditors are buying more notes than ever. They're coming through the window to buy them. One more question. Again. Who is gonna collect the debt? Canada?

[themredweirdoshow]

As usual with this old "end of the world" baloney, it's all just a scam for greedy goons selling worthless gold, silver and "survival" seeds. The US dollar has been "dead" since the Fed was created. But the world keeps letting the US print more and more Monopoly money, so it only amounts to a little "inflation" - at least for us.

[casienwhey]

Louisiana purchase was early 1800's check your history books.

[Ebdan88]

Everybody Talks about Death of Dollar !!? How about What American's Wants?

Not the Polotishens, not the Banskters, not the wall Streets... The American people

What do they Want. Have anyone asked the American people?

[Research0digo]

Merci Mssr Chabot

[duck24x]

Men, men! Calm down! Please lay down your swords and stare at the hot (and super-smart) chick!

[paulhasarrived]

When will you admit you are wrong sir, The American people are far stronger than you. I find it amuseing that people like you are excited at the thought of the U.S. collapse. Have you ever met an American? We won't allow that to happen like your country did. Are they trying. Yes. But they will not succeed. We will overcome with innovation and technology. America will rebound and be stronger than ever. When it does, I would like a video apology from all you haters.

[united4life7777777]

@paulhasarrived

You seem smart so answer these questions:

Is the Federal Reserve System part of the U.S government? Do you know how many millions of dollars it takes the U.S to borrow to function daily? and last but not least do you know where all this money the U.S borrows comes from?

[toeg1]

the dollar will stay where it is for the next few years. It can't fall too much more. In fact, it is up from this video date.

[Learkins]

Ya, well it's down now! And look at the long term change in the dollar. In late '01 early '02 it was at about 120, and now it's at 76? Pay attention and turn off the lying MSM. The dollar is swirling in the toilet and is about to go to the sewer!! Have fun Mr. Maggoo!!

[mrfellowship]

when will it really drop 50%,this should happen overnight shouldnt IT or will it continue to slide bit by bit?

[Learkins]

Look at GOLD. In '01 '02 it was below $300 and is now over $1100, these are truths, not speculation. WAKE UP!!! The dollar and gold have undertaken huge changes and so will your lifesyle. Good luck with that.

[toeg1]

Oooooh Lerk,

I'm shaking. Just like when gold was as high in the early 1980s (w/inflation). Oh wait, you mean this happened before?? 30 years ago??

Oh, I better forget history because that blows your theory right out of the water.

Yeah, the aliens are on their way, the dollar is toilet paper now, and all the billionaires are paupers because their money's in dollars.

Nice try brainless.

[united4life7777777]

@toeg1

Login FAIL. If you want to go and use the "history" card then lets take it further. Where is the Roman Empire today? Where is the British Empire today?

Are you so arrogant that you believe America and it's currency will rule the world for ever? This is not about nations anyways. The bankers are the ones that control everything including the central bank and the U.S government it self.

[toeg1]

@united4life7777777

You need to read my posts again. As long as China holds $2 trillion and Japan holds $1 trillion, they will keep the US economy afloat is much as possible. They will also divest themselves of the dollar as quickly as possible, but that will take years. THEN, the US economy will collapse, not before. The Chinese aren't stupid. If we collapse today, their $2 trillion will be worth $0.

[fuzzywzhe]

@toeg1 "The Chinese aren't stupid. If we collapse today, their $2 trillion will be worth $0. "

What people like you don't understand is that China would still have an economy, and an infrastructure.

The US wouldn't have anything at all. You keep thinking that a trillion dollars or so is a lot of money to the Chinese. It's not.

[toeg1]

@fuzzywzhe

Apparently, what people like you don't understand is that any successful economist never shoots himself in the foot. I never said China would cease to exist. Of course they have the rest of their economy. But it would be stupid of them to force a US collapse. Get real. The Chinese know how to use their US dollars wisely. The fact that you can't see that doesn't mean they're blind.

[fuzzywzhe]

@toeg1 "Of course they have the rest of their economy. But it would be stupid of them to force a US collapse."

China isn't trying to force a US collapse.

A US collapse is unpreventable regardless of what China does.

"The Chinese know how to use their US dollars wisely."

Yeah, they do. They've cornered the rare earth metals market, and are rapidly accumulating gold and silver.

[JosiahsBackpack]

Yep, just invested a little in gold a silver. Got tied of seeing my savings dwindle instead of increase.

[freebirth777]

same thing but with gold :)

[Learkins]

The dollar can't fall too much more, based on what? Your hopes? Magic? Oh, too big to fail? I'm confused, explain your basis for this statement please.

[toeg1]

Lerk,

billionaires don't become rich just to be able to turn their money into toilet paper. 65% of ALL transactions worldwide are done in dollars. China has over $1 trillion. Do you really think they'd love to see the dollar become worthless?

World trading chaos would ensue and the leaders know this. Things will change, but not in one day or one year. It will take four years or so. But keep to your fairy tale because you don't know reality.

[REDDAWN2010]

@toeg1 dollar will be dead ZERO within 2 years. Set up a paypal acct. with me and I'll bet you $500

[toeg1]

reddawn done deal

[toeg1]

@REDDAWN2010

TICK .... TICK .... TICK..... One year down and one to go. I don't see this supposed collapse coming. I sure hope you still have that paypal account. I might need that $500 you will owe me. Unless, of course, you want to welch on your bet.

[fuzzywzhe]

@toeg1 "TICK .... TICK .... TICK..... One year down and one to go. I don't see this supposed collapse coming. "

I happens within 2 years. US Federal tax revenue / National debt is now under 16% - this means that the absolute maximum interest rate the Federal Reserve can give is about 5% - that would consume 1/3rd of all tax revenue.

[chucktube90]

hot chick in picture

[nutier]

Awesome video ! Thank you for sharing .

nutier

[claymoreman90]

the chinks will move the sweatshops to america

[scabinack1]

Well China has no choice atm. Who else are they going to sell their crap to?

As long as there's a demand stateside for their sweatshop-produced garbage - then the bond financing will continue.

But once Asia graduates and doesn't need America any more - it will tossed onto the dung heap of history.

But for now it's stable.

[xaviqaz]

But China politicans don´t have to face elections, so they can manage people´s pain and anger better

[sidewinderlrms]

That chick is entirely bangable. Oh yeah, and the guy makes sense too.

[thienmodel]

please they need to go door to door china restaurant and business u will be suprise what usici will find out they come here for students visa but work for cash and bring that cash home to spend in china stupid us immigration law they are kill us dollars by days.......... china are most hate and when they kill u no they kill the whole 9 yards family zone the yare evil fucker on earth,,,,,,,,,,,

[thienmodel]

china and russia behind the mana base close more troop will die in afghanistan if that base close so keep buy fucking china made kill yor country kill your soldiers stupid america are we i'm not buy  no damn china made stop their fucking trade

[thienmodel]

please stop buy china made stop the chinese visa student they do not come for study the y will come and work and bring  money

[nate6474]

the dollar is going down and it will be gone soon because there is nothing backing it. when it is gone the bills will be gone!!!! beacuse the people that work at the place were the bills are from will not go to work because they are not getting payed and the items that you owe on is yours becuase of the 9 tenths of the law that says you own it. so buy things on cedit and you will not have to pay for it later. the amero is comeing soon!!!!

NWO is maken it happen

[Chicagodogs0]

I think in late October. On a Monday (for what ever reason) the dollar starts to fall and by that Friday, a substantial amount of the dollars value is gone. The government declares a bank holiday for maybe up to a week to usher in a new currency. Lets say the "Amero", and backs it by some commodity. They then create an exchange rate (so many dollars for so many Ameros). The exchange rate is where the banksters will make evan more money and keep us in debt for life!

[RonRepublican]

"Give me control of a nation's money and I care not who makes her laws." Mayer Amschel Rothschild

[wrinkles1931]

Max Keiser and Peter Schiff are blow-hards...all thier intrest lies in foriegn economies and de-valuation of the dollar...they are in a sense...traitors

Europe (especially Russia) is in worse shape than America. In fact, Russia just approved the largest stimlus package in world history....on an economy 1/4 the size of the US. The oil markest have collapsed....The middle east is collapsing, China is laying off millions at a time. This is not going to play out the way these Blow Hards say....

[P38SpaceModulator]

well lets see wrinkles....they've been right for 10-15 years, 5-10 years ahead in prediction. and i moved my money to schiff and have been fine. i use my profits to causes for liberty. ending the fed is my first charge. traitors they are not. they've done more to educate the public on how to protect themselves than any MSM outlet touts or any Congressman votes to do so.

[fishingthewatershed]

Ummm, it's the "iridium p38 space modulator" (great name by the way!) What does wrinkles think will happen to the U.S. economy when China stops buying T bills? What finaces Washington D.C. when that stops? It ain't income tax, it's proven that 100% of that goes to pay for intrest on the national debt and entitlements. Either they raise intrest rates to attract investors (which makes the subprime crisis worse) or they go bankrupt. Say hi to Marvin the martian for me!

[wrinkles1931]

Yeah...and what happens when the US stops buying China's products...don't kid yourself...the Pusher needs the Junkie...worse than the Junkie needs the pusher...China will have an enormous collapse...and soon....they have lost over 100,000 companies in the last 6 months...think you know whats goin on??...you don't!

[fishingthewatershed]

You have it backwards, the borrower is slave to the lender. The junkie is slave to the pusher. How can a debt based economy compete with a production based economy? Are you going to work for $2 an hour and put a chinese laborer out of work? You made me actually laugh out loud, thanks.

[wrinkles1931]

You are another mis-informed individual.....we are not borrowers...to anyone...what have we borrowed?? You fool...to back anothers debt is insurance..but it is not borrowing...we owe them nothing...they made an investment..they have been paid interest for years...they will lose it (the interest) in thier investment...the biggest losers in all of this will be China and Russia...you idiot...you have been suckered........while thier economies crash...we will survive and re-build...

[fishingthewatershed]

So we don't really owe the Chinese the $1,000,000,000,000 that they have BORROWED to us in purchasing our T bills? What does the phrase "debtor nation" mean to you? China is in an immensely better position to weather an economic storm than we are. They have a massive labor force that will work for pennies, abundant resources, and a HUGE production based economy that sells to the ENTIRE world!! What does the U.S. have? A printing press running night and day creating "money" from nothing!

[scottvanska]

Well, Schiff thinks China will decouple from the US causing the yuan to appreciate against the dollar. The yuan probably would increase in value if that happened, but not enough to buy enough of the goods China exports to sustain their growth. He's assuming that if the Chinese had the purchasing power of American citizens, they will consume just as much. But Orientals are savers, not consumers. Just because someone can afford something doesn't mean they'll buy it.

[fishingthewatershed]

This is why Japan has such huge finacial resources, The Japanese are savers, and in fractional banking for every dollar/yen deposited the bank can lend out 9.

[fishingthewatershed]

10% of China's goods are shipped to the U.S. 90% is shipped to the rest of the world or used in China. Even if China's GDP is cut by 50% what will the U.S. GDP be cut by? How many companies have failed in the U.S. in this period of time? Don't forget that China is 4 times our size so we would only have to lose 25000 businesses to tie them. Also you should take into account that while China was still growing we were already losing thousands of businesses.

[wrinkles1931]

Wow..I'm not trying to start anything against you..but China is 4 times our size in population only...not in business....there is a difference, only 10% of the Chinese qualify as "middle class" China has infact resorted to deficet spending.....and it's economy has grow dis-proportinatly in regard to it working poulation...you will see a massive collapse of China's industrial base in the next few years....

[fishingthewatershed]

You will see a massive collapse of Americas' debt based economy first, possibly this year. This is happening as we speak. The junkie dies first, then the pusher. They have cash reserves, (pusher) we don't. (junkie) What do you think they are buying those 1.5 billion dollars worth of T bills with, promises?

You know, the ones that we have to pay back (debt). If you think they will continue buying them until the collapse of their economy then I would love for you to tell me how this will proceed.

[jgposner]

No doubt China will suffer. But in the end they will stop selling to us. I really can't tell you why they still sell to us. They are able to do so because they keep their currency artificially low compared to the dollar. The evidence points toward a deliberate plan to destroy the US dollar by a small group of financial elite reshaping world's financial system toward an eventual single world currency. Germany, Norway, Sweeden, and Switzerland will be our only hope.

[wrinkles1931]

I think they still sell to us because we are a huge market for them..and thier business model relies heavily on US Consumption...they keep thier currency devalued to keep thier products affordable...I thinks it a given you would see some manufacturing and inter-country trade growth in the US if we were cut off of Chinese goods...it would be hard..but we could begin to do it...I'm not sure Europe is doing any better than the US...and Britian is about to implode...it's not looking good for anyone

[fishingthewatershed]

Only 10% of their economy relies on the U.S.. While our entire economy depends on them. If you don't believe me then ask yourself what the U.S. government would do if China stopped buying T bills? You should watch ALL of visionvictorys' videos. I see you commenting on them, do you even know what he talks about? Many of his views seem to be the opposite of yours. Do me a favor wrinkles1931, in your next response try not to be so insulting, name calling should be left to the mentally challenged.

[scottvanska]

I wouldn't call Keiser and Schiff traitors (though I would in the case of Jim Rogers). Schiff is just a smart investor. He urges his clients to buy foreign stocks and currency so they will profit off the massive inflation that will occur when people dump all these treasury bonds (continued...)

[scottvanska]

However, Schiff's predictions about China don't make sense. China's per capita income is less than $8,000 in US adjusted dollars. The yuan would have to more than quadruple in value to give the Chinese the purchasing power to afford all of the stuff they export abroad. But no matter how much the yuan appreciates against the dollar, the Chinese will never consume as much as they need to domestically to sustain their economic growth because Orientals aren't big consumers.

[wrinkles1931]

They won't and they can't....China is in worse shape than we are...look...a manufacturing meltdown..is worse than a consumer meltdown....the expenses of a post economic manufacturing collapse will crush China...we, on the other hand, can use the steadiness of a large service sector..to rebuild some infrastructure and manufacturing. China can't feed it's people..they will fall into complete anarchy..and the Communists will not be able to stop it this time...

[fishingthewatershed]

Oh, China's in worse shape? Average credit card debt for Americans is $9,200, when all public debt is counted, we owe $61,000,000,000,000 (trillion).

In a global collapse how are we going to feed OUR people? Who would we sell these "goods" to anyway? People won't buy our crap as it is, look at Ford, GM, and Chrysler! Drive through a town like Tacoma or Detroit, miles of deserted, rusty, crumbling warehouses. These will magically spring to life while the Chinese are asleep? Come on man! Jeeze.

[wrinkles1931]

You have a point...but our infrastucture, roads, planes, transportaion over all is far better than China..they have no logistical capability of supporting half thier population in a collapse...much like Russia..thier wealth lies in thier cities, with hundreds of millions living below poverty in country regions...it makes a big difference...

[fishingthewatershed]

Many of the serfs in China lead an agrarian lifestyle, they have no money but they have food, chickens, pigs, small plots of land, they will survive better than many Americans. After the global economic collapse, (with the U.S. crashing first) you will probably see massive starvation worldwide. Only 3% of the population in the U.S. lives on a farm. What will the "city folk" do for food when their money is worthless? Don't you think we are in for an economic collapse in the U.S.?

[ifnot4me]

Kraigthorne, you are definitely a thorn in the side of intelligent and informed people.

The Federal(yet privately owned)Reserve prints unlimited amounts of cash with no oversight. Look up the M3 Index.

It's really very simple. Criminally negligent leaders ask for money. The "Federal" Reserve prints it out of thin air and saturates the market with it. Each bill has an interest rate attached to it, so in reality each bill is a loan against Americans.

More bills = more debt.

[kraigthorne]

Wow! I have have heard some uninformed things in my life, but this takes the cake. The USA has the strongest economy and curacy in the world. Even though we are not doing as well as we were, we are still doing better than every one else.

[miniccc]

We wont be doing better for long. Especially after all the nations that have been propping us up over the years pulls out of the dollar.

[brown55061]

You are wrong. The Euro is worth 1.5 times more than the USD. Iceland was one of the richest nations per ca pita yet they bankrupted instantly.

When Russia and Iran start denominating their oil in euros/gold there will be a war because it trashes the USD. The Saudis buy US debt in T-Bills in exchange for oil which is propping up the USD. But the FED has given out promises of over 8 trillion dollars. That will cause hyperinflation in the long run. Go study the 1929 depression causes.

[xiwow]

you have doodoos for brains.. are you in the prodution team with FOX news..

do you even listen to what facts are being talked about do you know who max is..???

[ifnot4me]

The USA has the strongest economy? Every day the value of our dollar falls as the "Federal"(yet private)Reserve prints out more money without having to declare it in the now defunct M3 index. Do you even know what that was? We are on the precipice of total financial collapse and you still think we're doing okay? Where the hell do you get your financial information from? The Teletubbies?

Do some research on these guys. Congressman Tim Ryan, Ron Paul and Mike Gravel. Also Gerald Celente.

[fishingthewatershed]

Hey Kraig, I checked out your site and you seem like a nice guy. I used to believe like you did until a few years ago when I started to really study world economics. Youtube is a great place to learn about what is happening in the world finacial markets and it is full of info on the Fed, creation of money, the slow loss of freedom in the U.S., proof of a coming depression, etc... You seem like a patriotic American, study a little and I know you will get it! Good luck!

[uea978]

many thx for the upload

[Joeys48]

kraigthorne wrote:

Wow! I have have heard some uninformed things in my life, but this takes the cake. The USA has the strongest economy and curacy in the world. Even though we are not doing as well as we were, we are still doing better than every one else.

That's really funny! The dollar is the strongest currency in the world? LOL

[rh7onda7]

a little silver, a little gold every month

[banjorol]

going to devalue? The dollar has been devaluing since 1913(creation of the the Fed through the Federal Reserve Act.)

[marcchabotyt]

if you listen again to what Max said, he linkened it to the sudden currencies devalution of the asian crisis of 1998; not a long a slow devaluation like you just wrote

[banjorol]

I am aware of what he said, but he fails to also mention, as most people do, what I said about the slow devaluing.

[zLOSTNOMOREz]

@banjorol true.

[lahlou911]

what happened in vietnam, stays in america

[scarletwool]

Interesting video. Looks like you're betting the US dollar will be replaced by the Amero. Are they already minting the Amero somewhere in preparation? I'd suspect they'd have to be getting this coinage ready, especially if the dollar is knowingly being engineered downward.

[SilverRain5]

Jerry Seinfeld, anyone?

[pulpBleacher]

youtube is hardly the setting for intelligent discussion, but this might help.

devaluing a currency make it, our exports less expensive to foreigners. In turn makes it more expensive for domestic consumers. This re-action is supposed to help increase our exports,decrease imports thereby decreasing national debt. Debt does not remain the same but in the US case this theory will not work since we donot make anything we want to buy and we are broke anyway. Devaluation may have worked in 2001. con't

[MelodicNightmare]

This is irrelevant. Our government debt is neccessary for any US currency to exist. That's how it's put into circulation. So it won't matter if you can export, it is impossible to pay the US debt off.

[therealcaptobvious]

it would matter if you could export. It would matter A LOT. We're in a $800 billion deficit, and paying lots on that deficit. $800 billion could afford A LOT of mortgages and bonds to back credit.

Debt actually reduces the value of our currency because the feds have to print.

Our debt is only "necessary" because our government overspent and is in HUGE deficits.

[maximumvalues]

since the american economy is 70% consumption and mostly of foreign goods and commodities priced in USD$... the devaluation of the dollar will crush America before America can hope to transform into an exporter again. The productions jobs have been sent away and continue to be sent away... doomed dollar equals doomed America.

[therealcaptobvious]

pulpBleacher, you're right. You didn't make an intellegent contribution to the discussion.

Republicans were really pushing the idea that China would be returning the sentiment of buying AMerican goods when instead they, like Japan bought their stuff from Australia instead. China is keeping their currency lower than ours on purpose, your theory doesn't work.

See, I don't get bipartisan apologists like yourself. We paid them 4 times what corporate america did. they should be working for us.

[hnsbro]

I'm still waiting for Max's prediction that the comex will bust to come true. He seems to have a gift for grandiose predictions.

[taineasy]

In a Dec 09, 2008 Forbes article Frank Beck says that a devaluation of the US dollar will actually correct the current financial mess. Asset values will rise substantialy with debt remaining the same. Anyone know how this works?

[browbill]

If America goes into financial collapse, they will cause most of the other large world economies to implode. It will be a global depresion, with most of the world trade routes disrupted.

[maximumvalues]

yep, the world has been living off of Fat Americans over consuming and underproducing. buying things they cant afford and now everyone will suffer and suffer dearly if they did not see this coming and prepared.

[ZedAlfa273]

The end of Empire America.

This may be a good thing.

[myrmo1]

well what is the alternative to the US dollar.. what is your solution to preserving wealth or, even making wealth? commodities??

[maximumvalues]

toilet paper