Basic Hyper Inflation Knowledge US & Canadian Economy By Patryk Golda

Hyper Inflation In US (America) & Canada has potential of destroying the north american economy. Inflation is a result of printing too much money. This usually ends up with a bad recession.

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[colombo14]

you are all so stupid!!!!! they are destroying the American dollar on PURPOSE!!! the question is why??? figure that out!! they are financing the wars on monopoly money!!!!

[daveglover66]

Canadians can take heart as we begin the long process of digging out from under our individual piles of debt.Like a Blizzard suddenly upon us we have collectively realized that we must PAY THE BILL. No more "easy credit rip offs"like the war on drugs Just say no and tell someone you trust. Pay cash for things you need credit will continue to bury you. Cash is your friend and can often negotiate a better price. Remember like you grandparents don't buy what you can't afford,save up for it..Better?

[daveglover66]

Before the 1970's credit was not as readily available and this was reflected in pricing. When we didn't have access prices were based on what was available in terms of cash. Avrg home price in 1960 was equal to 4x' s annual salary now Avrg is 8x's how is that possible...interest on high debt that's how. We need to accept responcibility for our behavior we can no longer be rampant consumers eventually the bill has to be paid. But Wait "There may be something I need to want" just say no tell a pal

[daveglover66]

This crisis is not the fault of the Boomers it's the fault of easy credit and high interest rates that we all seemed fine with when we were running up the bills.

It comes down to personal responcibility. If you can't afford something you want you need to save up and pay cash for it. Credit only creates greater debt. Why pay $100 for something when you can pay $25 in several easy payments. We all know that if the price is $100 b4 credit, then after it will be more like $180 after interest.

[mcbain434444]

Its awesome that we have to pay for the retardation of the baby boomers. I think those losers should have pay it all back. I was not born when they decided to fuck everything up.

[mcbain434444]

Holy crap that black kid is hording all the money in Africa. No wonder why everyone is poor.

[DonnTarris]

Federal reserve is NOT government. Private banks are NOT government. The problem is that these organizations have been given the "right" to create the currency of nations out of nothing and then demand interest on top of paying back what was created. This is a shell game to transfer the wealth of real things. How can the planet owe what the private banks never had to give? Stop fractional reserve banking and we begin to solve the problems with money.

[BeardedClamMeister]

what happened at the end of this video?

[kobedarott]

LOL at work hard and pay it back, each person man woman and child owes the Federal Reserve $342,000 each, What happens in the next decade is total economic collapse. There is no way to pay that back and the Fed's are still printing more money. Everyone is going to die of starvation... and this just happens to be biblical.

[ytgv3fc7]

@bweazel this video and the graph at 8 min 18 sec again proves that cash is trash, absolute garbage of no value whatsoever. People will not accept cash - they will mock paper and use it for wall-paper and insulation but silver & gold will be used for buying food, homes and energy