Fast Effects of MASSIVE HYPERINFLATION!

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Uploaded by on Jun 18, 2011

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Education

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Uploader Comments (silverguru)

  • Ok, so let me get this right.... You want us to use our 'worthless' paper/fiat notes to buy your 'valuable' silver???

    Who is missing what?

    Either paper/fiat notes are worthless and we cannot buy your silver or the notes are valuable and you should admit you're just another bunch of scam artists.

  • @Raynes79 All fiat currencies in the history of the world eventually go to their intrinsic value -- zero- gold and silver have worked for 5000 years, no paper currency has lasted nearly that long. Does it cost more now for an ounce of gold or silver than in 2003?

  • @Raynes79 Ask someone that has been through a hyperinflation if they wish they had bought anything before the currency completely collapsed. Right now the US $ is off 95% not 100% the trend is clear -- do what you wish-- did you know we do not sell bullion so you cannot buy from us?

Top Comments

  • @swtaxclients in 1920 a one ounce $20 gold coin would buy a fine hunting rifle with a value of $20.00. Now in 2011, that same $20 one ounce gold coin, with a value of $1500, would buy a fine hunting rifle with a value of $1500!

    The value of gold and silver remains constant. The money printing (inflation) decreases the buying power of the money.

    If the dollar collapses, it will take trillions and trillions of dollars to buy a fine hunting rifle, or, you could trade an ounce of gold for one.

  • serves them right for having a can of coke for breakfast :P

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All Comments (107)

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  • We need a system where people work for and receive what they want instead of getting money. You don't work you receive nothing. You work you live good and retire to being taken care of. Too many people either wana be in controll or get things for nothing. If we dump the monetary system we would get rid of the I'm rich and you are poor mindset. You either work or look for someplace else to live. And that would apply to everyone including all thoes fat lazy bastards running things.

  • this is hypnotically unreal

  • Swap all those bills with the dollars, that's what our future look like.

  • i know but i'm just not Mrs Bear Grylls...I wanna hunting man to date lol..a tarzan type

  • @watchman001 The government is always slow to react. By the time it does something like that the people who are smart enough to be in gold or silver right now will have diversified into other things. The government cannot outlaw everything. There are many unintended consequences of such things.

  • @salsaby1103 You can't eat paper either. Food and water is one of the most important things. You should have a basic understanding of farming, hunting, gather and storing. If you need to do so by yourself then you can. Learning how to purify water or get it from the ground is also good. You will be able to buy more food with gold and silver than with paper.

  • @Raynes79 The government forces you to buy with paper. He wants the paper so he can buy even more silver. His savings is in gold and silver. It is why we buy things with paper for our businesses. We do this so we can get even more paper. He is turning the paper into gold or silver. See when we have high or hyperinflation the paper would be worthless but the gold or silver not. Even if the government had a trillion dollar silver coin it will still be worth its silver content.

  • Thanks for showing a correlation between the can of Coke and the amount of Zimbabwe currency you'd have to have to buy it. I have many of those notes and find this whole story very interesting.

  • @Raynes79 not everyone is ready to live off the land as admirable as it is, most people couldnt even grow a carrot if their life depended on it, they are used to trading energy in paper. if you think about it, we have been getting off lightly using paper as a means of exchange for hard labour, either way, these metals are gifts from the earth and they are to be treated with respect and reverence, alongside other essentials on this planet, like water, animals, plants, trees, foods, minerals, etc.

  • wikipedia Hyperinflation :- (pictures) Sweeping up the banknotes from the street after the Hungarian pengő was replaced in 1946

    Germany, 1923: banknotes had lost so much value that they were used as wallpaper.

    The 100 million b.-pengő note was the highest denomination of banknote ever issued, worth 1020 or 100 quintillion Hungarian pengő (1946).

    A 500 billion Yugoslav dinar banknote circa 1993, the largest nominal value ever officially printed in Yugoslavia, the final result of hyperinflation.

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