Nov 23-2009 Vlog - Money Hoarding

Vlog

Category:

Education

Tags:

• vlog
• economy
• economics
• money
• gold
• silver
• dollar
• collapse
• resource
• based
• venus
• project
• golden
• age
• world
• peace
• enlightment
• spirituality
• spiritual
• debt

[kilo199999999]

What happened to your team. I was rooting for the Broncos too.

[endlessmountain]

They did not run the wild cat, and their weakness is QB

[drutter]

The key component to evolution is DEATH. By passing on our genes and dying, we give life, and potentially beneficial changes/mutations, to our offspring which come after us. For any beneficial change to occur in society, part of it must die.

And right now, that part is greed, central banking, the fiat system, and fear.

[endlessmountain]

awesome... thanks for the comment

[OutdoorsBlackMan]

The only reason we have bailouts is because of the government.

They collect "tax" and do what they want with it, including hoarding money to corporations that are in bed with the government.

Can you a imagine a world without tax, where the only people who can make money are those who have something to offer to other people in the marketplace?

[1mealperday]

we need some tangible assets to restart

without capital its hard to restart economy.Thats why china is telling its people to buy silver and gold. We are always at risk some way, its a matter of wise survival choices. I like my shotgun within easy reach ,but hope i never have to use it

[reptarman7]

If the dollar goes to less than 30c or there is 50% unemployment, it could be dangerous for anyone with resources. At least with food you can store it and eat it without anyone else knowing for awhile. With PMs or barter you have to make it public. Looking at Argentina or Russia there is nowhere to hide and people who try to hoard food and supplies or escape to the country end up dead. I didn't mean to come off as attacking. I'm just suffering from fatigue over the whole situation.

[reptarman7]

I agree that precious metals will help protect your purchasing power but I don't think they will perform as well as PM mining stocks for example. Also I think there is a security problem with buying and storing large quantities.

[CoinsFreedom]

Also...if gold ownership will put your family at risk...and your saying I cant eat gold...then in that scenario food ownership will put my family at risk as well.

[CoinsFreedom]

Yes...but between now and then, your gold will multiply your ability to purchase food, land, guns, shelter, supplies and or allow your mobility to greener pastures. This is for people who all ready have the essentials and have extra money. The alternative is to see the moneyt depreciate to notta.

[kswatcher]

Well said!

[leejae]

Bankers do provide a productive service. Banks allow savers to put their money in a place that should be safe and allow those, who have good ideas, to borrow money for their projects. I feel that there is a stigma against investment bankers (understandably so) but it's not fully warranted.

[leejae]

Money is just an intangible concept. So what difference would it make if dollars were backed by apples, gold, or a promise to pay? The interest could have come from the profit of selling apples, who knows. Even if we make the scenario simpler without interest/taxes the main point still stands. Before they had one apple a day. Now they can have two apples a day. Win-win scenarios exist in capitalism.

[reptarman7]

If TSHTF really happens, you will not be able to use your gold. You will have to sell it and in doing so make public the fact that you have gold. If things are really that bad you will be risking the safety of your family.

[SpringboardShop]

Amazing how most charitable contributions come from people with only a little more than they need. How does this get lost on those who have far more than they need? I cannot believe that they have lost respect for their fellow man, that they look upon others as if from a great distance. Could it be that their money buys isolation for them and that the distant, uninvolved way of looking at things is a direct result? Naaaah!