Real Economic Talk: Oil, Gold, War and Presidency (from Ketchikan, AK)

I've been talking with people in Ketchikan, Alaska about the economy. Here's my interview with local business owner Justin Carro, owners of Carro Flag Enterprises about oil, gold, war and the presidency.

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[jehnubis]

Hey, Dem...I say you move on to the next man....Stop hangin around this guy, Dem. This guy is a total douche, he supports NAFTA, the North American Union, globalism, and the "Amero!" He supports the government printing "trillions of dollars." I can't believe he said that its OK, for the "federal reserve" to print trillions of dollars. He backs that up by saying, "we have always done it in the past."

You know more than this guy Dem!

[DEMCAD]

I interviewed him, because he's a businessman. My interviews took place on one day. He's a nice guy, but I don't agree with him on everything. In fact, I maybe interviewing a lot of people that I don't agree with.

[veritasfiles]

I'm gonna guess that the little guy is about 5'7" and Reginald is something like 6'3" or 6'4". I wonder if you'll tell us?

[DEMCAD]

I'm only 6'2", but my boots make me look taller.

[freightmaster2]

This guy is a traitor to America! NAFTA and the NAU are why we are in this mess. This guy wants to throw in the towel and throw out the Constitution !!!!!!! Steer clear of people like this!

[out2gtme]

Oil is not as stable as the dollar even, unless you bury the Gold and loose the map, it ain't going anywhere. one day there will be no oil !

[LarryMReed]

He was making a good aurgument until the oil instead of gold comment. While the dollar was hooked to Gold it held it's value much better when we went off the Gold standard the value of the dollat has steadily declined while Gold has climbed.

[seks03]

good video, I like to see what others regular people are thinking

[christo930]

If we are going to anchor the dollar to anything like that it should be the KWH, not oil. You can convert oil into KWHs and you can convert NG into KWHs. So you have the big 3 (oil gas and electricity) being represented as Kilowatt hours (KWHs). Gold is really useless, as to where energy is the driving force in the modern world. We can live without gold, but you can't live without energy (well, you could but not the way we have set up our world). So it's best to use KWHs.

[Erbstank]

2009 + 5 yrs is 2014 not 2013, and not getting simple math right is not an encouraging start for any argument. .. sorry

[TheConstitutionMan]

Oil, Gold, Silver, Other forms of minerals have all been debated for use of currency backing. All have various pluses and minuses. Gold, I think, is not the best commodity to use. But I'm not in a position to set the standard.

[1989kirby]

he seemed smart until that. Gold has been steadily increasing for a century. Demcad should have argued more.

[1989kirby]

i like to measure wealth in ''man power''.  or the ability to create or mine or do something.

Gold and dollars are just representations of man power.

[simplewhimsy]

See, this is a sign of good journalism. You're not trying to censor views or to trot out your own opinion, but just show the local flavors. This is why I enjoy watching your stuff. :) You leave it up to your viewers, and I really respect that.

[elgringote3]

seemed like he had his stuff together till the hyperinflation question. Gold is the standard