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The value of the dollar is dropping like a rock and this video is to show how this is affecting the prices of everything from gas to milk. This is the first of seve...
The value of the dollar is dropping like a rock and this video is to show how this is affecting the prices of everything from gas to milk. This is the first of several videos to show what is really happening to the ecomy of the United States and why this country is in a lot of trouble financially.
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good video. the standard of living is better today than it has ever been, you work less time to earn a pound of butter now than you did 20 years ago. who cares if the butter cost more dollars now. i just saw a warren buffet interview and he doesn't like to have too much cash because of the continuous devaluation of currency.
I've used the gallon of gas example for years. I carry a silver dollar with me, it will buy 10 cups of coffee, 20 postage stamps, just like it did in 1964. BUT, I didn't care for the cheap shot at President Nixon. Nixon had no choice, the French sent a ship here to pick up our gold. Why didn't you mention FDR, who STOLE everyone's gold?
Nice post, but a cheap shot? I dont think so. I didnt say something like he was a wife beater or something like he didnt love his family. I called it how it was. He was one of the worst presidents ever. A cheap shot is saying that someones kid is ugly or their wife is a hag. I was not a huge FDR guy either. Even though most people seem to think he was so great. I cant mention everything. This is a short 5 minute video.
ha ha your gold? They held "green backs" - meaning they held tickets for gold and they just wanted to get what was theirs... When bank is issuing more gold certificates than it holds gold sometimes bank runs happen - it's good for customers because it pressurises banks NOT to inflate gold certificates and STEAL gold from its customers. You are completely right about that craphead FDR - rotten communist though :-)
I agree. saying the Dow or Gold is going up because the numbers go up is like saying Milk is going up because it costs more. Anything dollar based is going to look like its "going up" because it takes more dollars to buy them. Better buy some of that gold and silver that keeps "going up" because its not going up, your dollars are going down.
Correct!...70 years you could walk into the suit shop and get a brand new, top of the line suit, best one in the store. That suit would have cost you $40 70 years ago, or 1 ounce of gold valued at $40 an ounce...Fast forward to today and you pay $1100 for that top shelf suit or 1 ounce of gold....haha + tax
Well said. Every state run media cheerleader wants to make gold loook as if its another asset bubble, but really its rapid price increase is a dollar bubble.
To this very day I have never sold one single ounce of gold or traded commodities using my videos. The selling of gold had nothing to do with this video. If the truth is scary, that is not my problem. If you want something that is not scary watch some cartoons. If a car was going to kill you would you rather have someone say (hey a car is coming) or would you rather they pushed you out of the way?
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your gold?
They held "green backs" - meaning they held tickets for gold and they just wanted to get what was theirs...
When bank is issuing more gold certificates than it holds gold sometimes bank runs happen - it's good for customers because it pressurises banks NOT to inflate gold certificates and STEAL gold from its customers.
You are completely right about that craphead FDR - rotten communist though :-)
Better buy some of that gold and silver that keeps "going up" because its not going up, your dollars are going down.