The economy explained - as the government and media won't

Another video on the economy. I imagine most viewers know this already but hopefully the message will reach new people. Please help spread the word.



keywords: ecomomy recession depression stocks bonds money retirement inflation deflation dollar euro crash saving investing money

Category:

Education

Tags:

• ecomomy
• recession
• depression
• stocks
• bonds
• money
• retirement
• inflation
• deflation
• dollar
• euro
• crash
• saving
• investing

[nightvid08]

3:55 - 4:05 argument Inconsistent! If inflation robs the value of savings, it equally well softens the value of debt (assuming nominal interest rate is held fixed)

[lorax2013]

@nightvid08 I agree, it robs (discourages) savings and softens (encourages) debt - eventually creating a nation of debtors (indentured servants) as I said in the video. I don't see the inconsistency.

[chroNick546]

We need you in the government educating these stupid politicians.

[VoteLiberty]

C'mon, people! This is what Ron Paul has been saying for THIRTY YEARS, man! Why do you think we support him?!

[tickingawaytoo]

Ron Paul 2012

[cornellius01]

Debt as money has it's pros and cons; it's not all bad. A pro is its capacity to grow dynamically where there is a demand; a consequence of this is the necessity of periodic collapse. One must take the good with the bad, only economists believe exponential growth can last forever.

[SRT480]

@chroNick546 it seems inconcieveable. so it must be true

[chroNick546]

@SRT480 I've heard that some politicians thought we are still on a gold standard.

[SRT480]

@chroNick546 im sure they understand the risk or the damage it creates. however they get money either way by being a pawn and no matter what they win

[Esoparagon]

@ironmanjakarta One day people might realize that no one ought to be in charge.

[rajkeshnajahnde]

@nightvid08 EXACTLY, THATS WHY A BUNCH OF RETARDS WENT AND BOUGHT HOUSES THEY COULDN"T AFFORD AND DEFAULTED ON THEIR MORTAGE FUCK YOU

[rajkeshnajahnde]

@Eadhmonn OH THATS BRILLiANT YOU FUCKING DUMBASS , FREE TRADE ENCOURAGES COMPETITION

[Dreambro1]

@1Jinxed1 forget about gold or silver,,, those can be just as inflated as cash! Gold , silver, cash, Cattle, sheep, People. what does it all matter? trade is trade. Nowadays people are Bartaring ( if i spelled that right) to get needed services or items. You mow my yard, i wash ur windows type thing!

[Dreambro1]

@Dreambro1 ALSO, if we allow these big money people to keep soaking in all the money, and it just sat in a bank and not be able to Circulate (esp if we stayed on the gold standard) there wouldnt be enough to go around! Anyone knows that their money, when they deposit it, (and that includes the billionaires and the trillinaires) that it is being used by the bank. If it wasnt, there would still be a need to make more money. The danger would be if everyone tried to withdraw at once!