GOLD vs PAPER
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Very accurate, straight to the point, and coves the subject fully. BRAVO
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labor vs the means of production---somehow we have been tied into a corrupt system of exploitation by those who possess the means of production and exploit labor
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thats today... tomorrow those dollars will be in circulation.
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Great video.
This is exactly why some highly paid celebrities have declined to be paid in USD. They would rather be paid in Euros.
USD is crap... its in a perpetual decline in value.
If I ever worked in the US I would demand payment in gold coins.
For all I know google could be printing all the money they pay their employees with. Can't do that with gold tho...
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Good videos.
You talk about a depression coming but then you talk of the dollar becoming worthless. A depression is the result of a contraction of money - and therefor, a rise in the value of a dollar. Historically, yes the dollar is falling but right now, we are in a money contraction.
All those bailout billions are sitting in the FEd or in banks - not in the circulating money pool.
The USDX is complicated, I thinks more than total dollars printed.
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btu value...hahhahha...love it good work
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thats why you get a good food supply and things you need first........then take your some of your remaining mony for metals so you don't lsoe purchasing power......
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Charlie - I look for you everyday - where you at man
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Well? Where are you!
(just talkin' so you get another rating and comment!)
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Hey!
Where have you been brother! I have been missing my daily crabbydogtrix fix!
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Ermm... ok. I thought the topic was gold/silver and the use of currency or fiat money for goods and services. Ok, self sufficiency and localized feudal culture it is then.
You ask if I want to go back to a very localized feudal culture. Yes. I would rather have a sustainable local economy rather than Walmarts on every block and the elimination of local businesses. I would rather have the money I spend go to a local farmer or business owner, knowing that the money I spend will stay ...
medulalumosa9 2 years ago 3
Great explanation! To back it up, the paper money from the Confederate South became worthless after the Civil War. However, the gold they find in Egyptian tombs...buried 1000s of years ago is priceless. I'll place my bets on gold and silver over paper money any day.
fal2grace 2 years ago 3