My final word of the night is that there was one time in this nations history where they paid off the entire national debt and it was on Jan. 8, 1835. And they had a big party and celebrated the tremendous accomplishment. This was followed by years of crippling recession :P lol
Of course that's just one of a zillion things Byron's wrong about but I don't blame him for I subscribe to the theory his mother dropped him on his head as a child.
Oh and that Byron Dale you quoted @ 8:53 was wrong about GM they did in fact borrowed their way out of debt. Of which they paid back with interest. I'm not saying they didn't screw all the workers they layed off in the process but anyone who says its impossible to spend and or borrow your way out of debt doesn't live in reality. When infact the great majority of funding for business comes not from the profits of a business but from loans in the form of stocks and bank loans.
Aside from propaganda wordings like "weakening the dollar" ((which sounds damn near unpatriotic)) The less valueable a dollar is would actually make US goods cheaper and make Exports rise. If the value of foreign currencies were to rise their exports would fall and other countries exports would see an increase ceteris paribus or all things equal.
ButDrDissent if the government creates more money and expands the money supply it hurts the people with the wealth making their savings less valuable with inflation and helps the people with debt making their debt less in real dollars thanks to inflation the most as a result of the depression and we know that's not in line with republican ideals.
Its the same exact concept as when the US brought up the idea of adopting the silver standard alongside the gold standard. The majority of the populous knew it was a sense thing and strongly supported it. Those opposed were those who already held wealth and that wealth would hold less value when the silver standard was adopted.
Right on Mr Still. But since when does the Congress care about the Constitution?
How can the people take the issuance of money from the banksters?
How can we destroy the banksters?
Sad there isn't 20 million hits.
stophypocrisy 5 months ago
My final word of the night is that there was one time in this nations history where they paid off the entire national debt and it was on Jan. 8, 1835. And they had a big party and celebrated the tremendous accomplishment. This was followed by years of crippling recession :P lol
ViolentKisses87 7 months ago
Of course that's just one of a zillion things Byron's wrong about but I don't blame him for I subscribe to the theory his mother dropped him on his head as a child.
ViolentKisses87 7 months ago
Oh and that Byron Dale you quoted @ 8:53 was wrong about GM they did in fact borrowed their way out of debt. Of which they paid back with interest. I'm not saying they didn't screw all the workers they layed off in the process but anyone who says its impossible to spend and or borrow your way out of debt doesn't live in reality. When infact the great majority of funding for business comes not from the profits of a business but from loans in the form of stocks and bank loans.
ViolentKisses87 7 months ago
Aside from propaganda wordings like "weakening the dollar" ((which sounds damn near unpatriotic)) The less valueable a dollar is would actually make US goods cheaper and make Exports rise. If the value of foreign currencies were to rise their exports would fall and other countries exports would see an increase ceteris paribus or all things equal.
ViolentKisses87 7 months ago
ButDrDissent if the government creates more money and expands the money supply it hurts the people with the wealth making their savings less valuable with inflation and helps the people with debt making their debt less in real dollars thanks to inflation the most as a result of the depression and we know that's not in line with republican ideals.
ViolentKisses87 7 months ago
Its the same exact concept as when the US brought up the idea of adopting the silver standard alongside the gold standard. The majority of the populous knew it was a sense thing and strongly supported it. Those opposed were those who already held wealth and that wealth would hold less value when the silver standard was adopted.
ViolentKisses87 7 months ago
Holy shit i didn't know this guy was vlogging on YT, Thanks Doc.
idontbelieveinDeath 7 months ago
Fail
YAMATO11111100 7 months ago
Dr D, SHAME ON YOU!!!! You really think the average american has the intellect to understand what Bill Still is saying? GTFO!
hahaha,
Seriously, he's right, but sadly, american's are too stupid to put "two and two" together and start electing some smart politicians...
J...
jdouglasfisher 7 months ago