Presentation by Ferdinand Lips of Switzerland, chairman of Top-Gold Fund in Liechtenstein, former chief executive of Bank Lips, former managing director of Rothschild Bank AG in Zurich, and author ...
Presentation by Ferdinand Lips of Switzerland, chairman of Top-Gold Fund in Liechtenstein, former chief executive of Bank Lips, former managing director of Rothschild Bank AG in Zurich, and author of "Gold Wars."
Like to rate videos and let people know what you think?
Automatically share your ratings, favorites, and more on Facebook, Twitter, and Google Reader with YouTube Autoshare.
Autoshare makes certain YouTube activities public on the services you choose. Select only the services you are comfortable with - like Facebook, Twitter, or Google Reader - to let your friends know what you like on YouTube. You can turn Autoshare off at any time.
Like to share videos with friends?
Automatically share your ratings, favorites, and more on Facebook, Twitter, and Google Reader with YouTube Autoshare.
Autoshare makes certain YouTube activities public on the services you choose. Select only the services you are comfortable with - like Facebook, Twitter, or Google Reader - to let your friends know what you like on YouTube. You can turn Autoshare off at any time.
This video has been removed from your Favorites. (Undo)
Like to Favorite videos and let people know what you think?
Automatically share your ratings, favorites, and more on Facebook, Twitter, and Google Reader with YouTube Autoshare.
Autoshare makes certain YouTube activities public on the services you choose. Select only the services you are comfortable with - like Facebook, Twitter, or Google Reader - to let your friends know what you like on YouTube. You can turn Autoshare off at any time.
Mr. Lips passed away September 2005. He predicted the current collapse in this speech (at 4.30) "The Fed has created stock market bubbles. Right now it is creating the biggest housing bubble in history. This may lead to economic collapse."
You obviously don't know shit about economics, monetary policy or even the creation of money. You just keep saying that shit and we'll see who's the one laughing in a couple of years from now.
but not in this situation. if you have gold standard, we are gonna have depression worse than 1930's. And always remember, the main problem is not inflation or deflation, it is who control money supply. If we have gold standard, private bankers can control money supply any time it wishes because gold supply is limited, but not paper money. Congress can control money suppy and interest with paper money because it can print it, instead of private corp like fed printing it.
All these gold standard is biggest hoax in 21c. Why do you think Ron Paul or Peter Schiff is allowed to be on mainstreat tv media, which is supposedly controlled by few corps?
Wrong! Only the Fed creates money, therefore they have absolute power. If you give money creation power back to the people with a silver standard, you eliminate all the corruption in the world.
I said IF government can print money, not government print money. I know fed prints money. Remeber bi-metallic standard is good but it can cause huge deflation, if you have trade deficits. But not in government issued paper money with low low low interest. You gotta do research on New Deal and Lincoln's Greenback. Also, Ben Franklin's career as a money printer.
Autoshare makes certain YouTube activities public on the services you choose. Select only the services you are comfortable with - like Facebook, Twitter, or Google Reader - to let your friends know what you like on YouTube. You can turn Autoshare off at any time.
look up William Jennings Brian.