I 'll say this the central banking system is a system that works, naturally it has been all around the world be it western or eastern nations, and in many civiizations. EVERYBODY GETS THE PIECE OF THE PIE, keep it in the back of your mind, we're in this together. Debt mainly has increased due to funding of wars by Bush, n all those wars, now the government and politicians want to just get OFF THAT DEBT of their back, how freaking convenient, think bout it ?
This is a "joke". We had fiat money since 1933. Can anyone tell me what American money is backed by since it is not gold? I can give you one clue "OUR LABOR", the small people create the labor and the CEO, Wall STreet, Top executives, steal the profit. At the end of the week you get a check (a promise to pay) but you are not paid with real money, it money with no extrinsic value. Your labor is paid with debt. Thats why America is still in DEBT. Wake up people we are getting robbed.
@kephas10yf You think that's nonsense? How about the printing of paper and the idea it is meant to hold some kind of value is nonsense. Everything taught in universities now is an extention of a fallacy. Economists are being taught to keep it up.
all international trade should be bartered that way it cant be unfairly taxed, inflation is bad outside the EU across the board, i would like to see this addressed by the media lies
Who wants to work for fake money anymore. I dont ! Stop the fake counterfeit Government money and bring back real gold and silver. Its got intrinsic value. Thats fair money. the rest of it is SATANS Money.
I think it's collagen that she needs to quit. If you compare the dollar against the botox futures you will see that collagen has had a sharp increase in value. This is called the Maria Bartiromo effect. It is a true arbitrage in the US markets.
You could do that if you have a world currency. You would in effect be levelling out the differences between those with a lot of money and those with little money. Otherwise you would just be debasing your country's own currency, which is happening today in Zimbabve and it doesn't look very nice.
Because to be able to pay off the principle you would have to stop consuming, and no body wants that because it lowers you living standard. Stopping consumption can only be achieved if people have less money, which happens when the economy goes down. And no president will ever win an election promising to let the economy go down.
the IMF is leeching this country into oblivion... We will be like the fall of the Russians. You can say goodbye to maine, michigan... they'll go to Canada
Newmexico, arizona and south texas to the Mexicans
President Wilson (Only President with a PHD) gave us the Fed in 1913. Benanke also went to Princeton. It seems that Princeton does not know much about economics.
President Wilson was tricked into passing the Federal Reserve Act and later said: "I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men."
The question is not what does Bernanke not know, but what does he know and not tell the people. The federal reserve has a agenda that does not include your interests.
I agree.. it's not that Bernanke is ignorant or stupid when it comes to economics. He knows what he doing, the federal reserve knows what they are doing... The problem is it's not in the people's best interest, nothing done by the elite ever is.
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I 'll say this the central banking system is a system that works, naturally it has been all around the world be it western or eastern nations, and in many civiizations. EVERYBODY GETS THE PIECE OF THE PIE, keep it in the back of your mind, we're in this together. Debt mainly has increased due to funding of wars by Bush, n all those wars, now the government and politicians want to just get OFF THAT DEBT of their back, how freaking convenient, think bout it ?
xxxx3248 1 month ago
Mr. Exxon won;t tell where the oil is because it is corporate secrets
MsH1h1h1h1 6 months ago
Fabri Fibra's song called Spara al Diavolo...just reminds me of the Fed....if you understand Italian...check it out!!
ronpauleducates 9 months ago
--- 1 $ from 1913 (and they did not have Inflation)
in 2010 is worth 39 $ today plus inflation.
aviomaster 1 year ago
JSargent8458 -- Dollar in 1913 was backed by Gold.
But Goverment can not fight WAR if Dollar gets backed by Gold there is simply not enough dollars to fund it.
That is why They went FIAT .
aviomaster 1 year ago
Love Jim, although he's an idiot
Borneomann 1 year ago
This is a "joke". We had fiat money since 1933. Can anyone tell me what American money is backed by since it is not gold? I can give you one clue "OUR LABOR", the small people create the labor and the CEO, Wall STreet, Top executives, steal the profit. At the end of the week you get a check (a promise to pay) but you are not paid with real money, it money with no extrinsic value. Your labor is paid with debt. Thats why America is still in DEBT. Wake up people we are getting robbed.
Rainy809 1 year ago 3
@vitanovagypsy and how much did the average worker get paid back then? Inflation is only really bad when it gets too far ahead of wages.
gr4tuitou5 1 year ago
@vitanovagypsy I saw a 1907 2.5 dollar peice, $1300 bucks.
overtaxed79 1 year ago
Bring back Money with natural value! If Money can't be exchanged for something made by our creator than its not worth anything.
overtaxed79 1 year ago
why don't they start by saying that this jim rogers is an austrian economist, that would put in context all the non sense his talking?
kephas10yf 1 year ago
@kephas10yf You think that's nonsense? How about the printing of paper and the idea it is meant to hold some kind of value is nonsense. Everything taught in universities now is an extention of a fallacy. Economists are being taught to keep it up.
ralliart2000 1 year ago
all international trade should be bartered that way it cant be unfairly taxed, inflation is bad outside the EU across the board, i would like to see this addressed by the media lies
mexxxking 2 years ago
be a bitch sweety
abuahmed680 2 years ago
500 abarth ss the best ever
culocacatoslabbrato 2 years ago
ryanshaunkelly 2 years ago
The chosen the superior
Extortion blackmail bribery
By deception ye shall wage war
AIPAC's Israel-first dual-nationals
2-3% of the U.S. population controls
For-profit NotFederal NoReserve scam
ryanshaunkelly 2 years ago
That boy made alot of money!
lucasindustriesinc 2 years ago
Who wants to work for fake money anymore. I dont ! Stop the fake counterfeit Government money and bring back real gold and silver. Its got intrinsic value. Thats fair money. the rest of it is SATANS Money.
Easydollars 2 years ago
@Easydollars I asked my boss to be paid in Gold.
overtaxed79 1 year ago
botox? i bet Maria is natural as a cow fart - i mean that in a good way
desirefirst 2 years ago 2
"why can't we print enough money to cover all the debt in the world. give every one a clean start. I'm all for it!"
You already have: it's called Monopoly. Great game, and the money in it has the same value. Plenty of it has already been printed. Just use that.
RawMeatRocks 2 years ago 6
@RawMeatRocks because is not a matter of credit as much as it is goods. Our bonds are purchased with goods sold to the public and the goverment
biga87718 1 year ago
I think it's collagen that she needs to quit. If you compare the dollar against the botox futures you will see that collagen has had a sharp increase in value. This is called the Maria Bartiromo effect. It is a true arbitrage in the US markets.
BourneAccident 3 years ago
she needs to lay off the botox...
AJMAN2304 3 years ago
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why can't we print enough money to cover all the debt in the world. give every one a clean start. I'm all for it!
dellwon 3 years ago
You could do that if you have a world currency. You would in effect be levelling out the differences between those with a lot of money and those with little money. Otherwise you would just be debasing your country's own currency, which is happening today in Zimbabve and it doesn't look very nice.
oeriksson00 2 years ago
wow you are truely an idiot -.- Post WWI german... THATS what will happen, 1.2million Doichmarks = $1 american dollar. End of story
gamerguy314 2 years ago
why usa is in great debt ?????
why usa only pays interest and never pays the principle
joechanrealestate 3 years ago
Because to be able to pay off the principle you would have to stop consuming, and no body wants that because it lowers you living standard. Stopping consumption can only be achieved if people have less money, which happens when the economy goes down. And no president will ever win an election promising to let the economy go down.
oeriksson00 2 years ago 2
Thanks for posting this video. So true... Deflation. Bring back the greenbacks. Say NO to Gold Standard.
GodBlesstheWorld2008 3 years ago
The oil is in Alaska..
Search Lindsey Williams - The Energy Non-Crisis
At least two oil fields as large as or larger than the largest in the world - Saudi Arabia
JSargent8458 3 years ago 3
@JSargent8458 Now the old oil wells which have gone dry are now refilling!
LordoftheKaty 1 year ago
the IMF is leeching this country into oblivion... We will be like the fall of the Russians. You can say goodbye to maine, michigan... they'll go to Canada
Newmexico, arizona and south texas to the Mexicans
ParapaDrifter 3 years ago
I'm from Minneapolis, and if MN goes to Canada, I really would'nt care.
smit1807 3 years ago
Fiat Currency or Fake Money?!? It's the same thing!!!!!!!! Fiat currency=Fake money! Drop the dollar, buy gold and silver
madcatzy 3 years ago
President Wilson (Only President with a PHD) gave us the Fed in 1913. Benanke also went to Princeton. It seems that Princeton does not know much about economics.
truthsabre7 3 years ago
President Wilson was tricked into passing the Federal Reserve Act and later said: "I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men."
Youanden 3 years ago 11
The question is not what does Bernanke not know, but what does he know and not tell the people. The federal reserve has a agenda that does not include your interests.
2resist 3 years ago 2
I agree.. it's not that Bernanke is ignorant or stupid when it comes to economics. He knows what he doing, the federal reserve knows what they are doing... The problem is it's not in the people's best interest, nothing done by the elite ever is.
gnomit 3 years ago 3
Maria is always trying to rally for the elite. If she doesn't, she'll probably get fired, or at least reprimanded.
nextdimensions 3 years ago