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History of paper currency Part 1 of 2

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Uploaded by on Jan 24, 2009

Byron Dale shows us how the paper currency has changed over the period of over 100 years, and in the process switched our money from an evidence of wealth to an evidence of debt. Then Byron Dale explains a solution to the crisis in our monetary system.

Part 2 http://www.youtube.com/watch?v=LdVTQXA7M68

If you want to know more, please visit out webpage at
http://www.wealthmoney.org

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Education

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Uploader Comments (TheByronDaleChannel)

  • this is AWSOME information.... each video and book I read fills in more and more of the missing gaps ion my understanding of money!

  • @LadyNemesis2007 Would you ever consider reading Byron's new book Modern Money Secrets?

Top Comments

  • Not only was JFK killed, but Lincoln also after not bowing to the demands of the Bankers and Reagan was also shot after mentioning going back to the Gold standard.

  • with the ron paul bill right, i signed that one.

    i really want it to pass. but i think its taboo in our congress to vote againsrt the FED.

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All Comments (25)

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  • @Lupinpanzer they have great value because they are rare and precious metals from the earth, plus we use silver for tons of products, it's actually rarer then gold. Paper money is all but rare. After the 2007-2008 crisis we tripled the money supply when compared to the past 200 years.

  • @20Proff got any links so i can begin that 5 hours a day for 3 months? I'll start now before getting a mortage

  • fiat money is the work of the devil. gold and silver is the work of God.

  • Why on earth would you ever pay a credit card or mortgage off. You can no longer claim to be a moral person if you do. The money never existed. The bank didn't work for it, why should you? Scare tactics like, you'll never get a loan and theyll foreclose are complete BULLSHIT. If you take some time like 5 hours a day for 3 months, you will know how to beat them or at least stifle any legal proceedings until you are dead. This is all really easy. If you do pay them, you are an accomplice to fraud

  • This is classic Economics and Physics Teaching. You still haven't heard anything of how the Paper Currency Came to be.

  • So essentially, The more FED Notes You are sitting on, the more debt you posses, before 1913 The USA;s standard was Gold Cert... no more... it;s the "federal reserve note" Is " Debt Certificate." Then who's the Joke on...???Who's holding all the unconstitutional consequences! Who gets stuck with the bag?the short end of the stick...///

  • Hayek = Nobel Keynes = Nothing

  • Always love how people say that money has no value when not backed by a gold or silver standard. What gives gold or silver its value? Essentially both are relatively useless metals that we give value too because of their rarity. Paper money is the same thing

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