Federal Reserve by Discovery Channel

Federal Reserve by Discovery Channel (Portuguese)

Category:

Education

Tags:

• gold
• mine
• nugget
• reffining
• bullion
• coin
• money
• ouro
• garimpo
• bar
• ingot

[luvcheney1]

@trvth1s The purchasing power of gold & silver, and money backed by gold & silver, stable from 1660-1910, over a period of industrialization, growth, and rising living standards. There were hyperinflations only with temporary unbacked currencies during wartimes. There were panics and crashes, for sure, but they were of smaller swings, until after creation of the Fed. Fed created stock bubble & crash, Great Dep, because was largest. They inflated, couldnt defend $20.66 gold price.

[RingstedHedge]

@trvth1s factor out, houses, furniture and cars, inflation is 8-10%.

[trvth1s]

@BrandonJohnMorris no you are incorrect. Grocery prices flunctuate and sometimes go up and down depending on supply and demand, same goes for gasoline [went up mostly because of fear of iranian war]

the fact is, annual inflation of $ is consistently around 3%. Gold isnt very consistent.

chart the $ against gold? what do you even mean by that? gold has always been worth more but $ is more stable thus no worth mentioning economy, and no prestigious economist on earth, consider the flawed GS viable

[BrandonJohnMorris]

@trvth1s You sir are an idiot. Inflation at 3% ? When was the last time you bought your own groceries or bought a gallon of gasoline... You must be using the old CPI calculation, and shitty economy, you mean a higher purchasing power was shitty? Are you crazy?

Inflation right now is approx. 9-12%. The value of the dollar has not been stable, it has lost 96% of its value since 1913, in terms of real purchasing power... Chart the USD against Gold and you will see that GOLD wins every time

[trvth1s]

@luvcheney1 you are incorrect. The value of the dollar has been more stable then that of gold. US dollar inflation is VERY predictable, around 3% inflation per year.

gold inflation/deflation is very high and much more spontaneious. During the gold standard there were years where inflation hit 15% and deflation hit 15% then other years it just dropped to 2%.

this is VERY VERY bad for markets thats why there were so many panics and shitty economy back in the day

[luvcheney1]

@trvth1s Gold`s value comes from the beliefs of people, over 1000`s and 1000`s of years. It value varies, but so does the dollar`s. Gold is holding it`s value, and the dollar isnt. This is one of the attributes of money, and the dollar isnt fullfilling that important attribute.

[luvcheney1]

@TheJabics Resources have little to do with it. Hong Kong, Japan have little resources, yet have very advanced economies. Your post makes far better sense if you substitute goods and services for the word resources.

[sn0m0ns]

@bilderbergresistance War=Money and I love how they finance both sides too! I love my country but despise my government. I just found out last year that the Federal Reserve Bank is owned by PRIVATE BANKERS! I also love how every dollar that is printed is LOANED to us by the Fed!!

Revolution is inevitable! Keep informing people there is more mindless sheep then of the informed.. TELL EVERYONE! YOUR GOVERNMENT IS A FRAUD & THE FEDS PROFIT FROM THE BLOODSHED OF YOUR NEIGHBOR!

[TheFlyingScotsman01]

@mitchell6489 or shove them in your mothers pussy also