"Change is Coming That Hasn't Happened In 100 Years" (w/Mike Maloney)

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Ken McElroy

Ken McElroy

Күн бұрын

Ken McElroy talks with Mike Mahoney, where they explore the potential downfall of the US dollar's dominance as the world's reserve currency. They cover the historical events and modern geopolitical shifts that are leading to a major global financial upheaval.
Mike will be at limitless, you can get your tickets here limitlessexpo.com/
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ABOUT KEN:
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
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#kenmcelroy #realestate #realestateinvesting #USdollar #globalreservecurrency #currencycollapse #financialcrisis #BrettonWoods #goldstandard #fiatcurrency #inflation #debt #globaleconomy #monetarypolicy #currencycycle #dollarization #worldtrade #centralbanks #oiltrade #economichistory #currencywars #financialsystem #USeconomy #globaleconomyshift #monetarydominance #internationaltrade #economicpowershift #financialdominance #globaltrade #currencydominance #economicpolicy #monetaryabuse #financialstability #geopoliticaleconomy #currencyvaluation #dollardominance #financialapocalypse #currencytransition #historicaleconomy #economicprivilege #economiccalamity #financialstrategy #economictransition

Пікірлер: 430
@KenMcElroy
@KenMcElroy 29 күн бұрын
Mike will be at limitless, you can get your tickets here limitlessexpo.com/
@johnpollard744
@johnpollard744 29 күн бұрын
When Biden kicked Russia out of swift and seized their central bank assests that was the final death blow for the dollar. Notice how quickly so many countries around the world rallied toward a non dollar system. It is coming but it takes time to organize.
@tonyb6847
@tonyb6847 28 күн бұрын
Hey Ken Can you make a video on Rehabbing how to get a loan to fix the proprerty while providing the down payment. I watched your BRRRR video but I don’t really understand it well. I believe it would help many of us if you made a video. By the way I really like your videos.
@rrandd0
@rrandd0 13 күн бұрын
I can understand people being bearish with these conditions. However, it is not reasonable for most people to sit on the sidelines while your cash position debases by 10% or more per year..What is the best way for me to avoid inflation eating up my cash reserve of about 200k while investing it?
@AntagonisticAsian
@AntagonisticAsian 13 күн бұрын
Inflation can create an illusion of growth. Investors should be cautious with their exposure. Consult an experienced financial advisor if you can't manage these conditions.
@game46632
@game46632 13 күн бұрын
The economy and stocks are two different things these days, but i agree, I think it's brilliant to have a portfolio advisor for investing! The market's instability makes DIY risky. You don't need to find the next NVDA to succeed in investing. I've turned 330k into $25k in quarterly dividends using a fiduciary, a major milestone.
@Shirleypos
@Shirleypos 13 күн бұрын
i'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
@game46632
@game46632 13 күн бұрын
"Kristin Amber Landis" is the advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
@Shirleypos
@Shirleypos 13 күн бұрын
Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info
@RickWatson-xu6gw
@RickWatson-xu6gw 13 күн бұрын
Since a dollar crisis could unleash carnage on the stock market leading to economic downturns. We need to be prepared for potential market volatility. how can I secure my $600K stock portfolio against declining?
@benitabussell5053
@benitabussell5053 13 күн бұрын
Seek out stocks with a history of steady, increasing dividends over years or decades, especially those that haven't cut dividends during recessions. Consulting a certified market strategist can provide valuable guidance.
@A_francis
@A_francis 13 күн бұрын
De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I. We've made over 80% capital growth minus dividends.
@RickWatson-xu6gw
@RickWatson-xu6gw 13 күн бұрын
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
@A_francis
@A_francis 13 күн бұрын
*Sharon Lynne Hart* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
@afridgetoofar1818
@afridgetoofar1818 11 күн бұрын
You all are absolute scammers 😂
@ElizabethKing-qu2ob
@ElizabethKing-qu2ob 13 күн бұрын
With Banks at the risk of failing it could be an indication of an economic Recession which could be devastating .I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
@CharlotteLangley-sn6hi
@CharlotteLangley-sn6hi 13 күн бұрын
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
@ErinWarner-zc9jy
@ErinWarner-zc9jy 13 күн бұрын
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
@AndersonCallaway
@AndersonCallaway 13 күн бұрын
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
@ErinWarner-zc9jy
@ErinWarner-zc9jy 13 күн бұрын
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
@scottjuarez9549
@scottjuarez9549 13 күн бұрын
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
@scottwolf497
@scottwolf497 29 күн бұрын
It's already started and can't be stopped.
@cockyhemi-123
@cockyhemi-123 29 күн бұрын
Sky net has taken over planet earth.
@GurpreetSingh-me4ue
@GurpreetSingh-me4ue 26 күн бұрын
Don't worry bro time gets mosquitoes quit.
@HolaStallvito
@HolaStallvito 29 күн бұрын
Wow. Been following both for years! Love to see the collaboration!
@lochvast1180
@lochvast1180 29 күн бұрын
Is this what Putin was saying in his interview with Carlson when he said we dont understand what we are doing to our currency?
@yells2k
@yells2k 29 күн бұрын
Putin wins when you believe anything he says. I would triple check anything that comes out of Putin’s mouth.
@kalebwhite3210o
@kalebwhite3210o 29 күн бұрын
As a person of the UnitedStates. It's time for us regular people to take back control of our government, by any means necessary. Congress needs term limits. We must force them out. We must force change now. If we don't, we are factually fucked. New world order is not the way you are going to want to live. Stop it now, before they go too far for us to resist. Once the fists are clenched, it's going to be so hard to get out again...
@michaelgrant1336
@michaelgrant1336 28 күн бұрын
to do this we have to have a Convention of states as provided by Article 5 of the constitution to amend the constitution for term limits, balanced budgets, unethical trading by congress, authority over bureaucracies...
@bunsguns8222
@bunsguns8222 28 күн бұрын
If only we could get everyone to understand this and vote out all incumbents. People's loyalty to their party is gonna cause us all to go down with the ship.
@DCC72
@DCC72 27 күн бұрын
You need to run for office and speak plainly to the people.
@DCC72
@DCC72 27 күн бұрын
Everyone: I still struggle to get the take away here. What does RE investor Ken suggest that we do? How does this help me?
@djdj-qx3hb
@djdj-qx3hb 27 күн бұрын
Look up France in 1789
@nextlife2230
@nextlife2230 29 күн бұрын
2 of my favorites! Ken for real estate. Mike for gold. Great video gentlemen!
@BlueWaterSTAX
@BlueWaterSTAX 29 күн бұрын
Well done gentleman. Excellent discussion. Thanks
@Goldsilver
@Goldsilver 27 күн бұрын
Thanks so much for having me. See you soon.
@superstar5123
@superstar5123 26 күн бұрын
your work ethic is at Sisyphean levels Mike! You are truly a great man deserved of respect. Stay happy and healthy
@MenofHighValue
@MenofHighValue 13 күн бұрын
i love the abrupt ending lmao. "Great seeing you, Mike". Mike is such a legend! Thank you for all you do
@42phaedrus
@42phaedrus 10 күн бұрын
When I first understood this many years ago I thought, as Ken and Mike still do, that the you can protect yourself against currency collapse by owning physical gold & silver. Then I came to the realization that a currency collapse would inevitably mean reverting for some time to a subsistence and barter economy in which gold & silver would be worthless (no demand=no value). The answer is to have a supply of the commodities that people need for survival: water, food, shelter, energy. Those things will ensure your survival and can be used in barter. Once you have that in place, real estate with facilities in a sparsely populated area would probably be the next wise investment in your own future. Then link up and collaborate on an equal footing with others that have done the same.
@Kingromstar
@Kingromstar 29 күн бұрын
Finally someone explained it to me so I could understand it.
@thomasanderson2551
@thomasanderson2551 29 күн бұрын
Mike is such a cool dude. Always explains things in nice and easy layman's terms.
@user-lb8bg6kj9m
@user-lb8bg6kj9m 29 күн бұрын
Nice, easy... but never right.
@TheSwissViking
@TheSwissViking 29 күн бұрын
Mike is a super smart dude. He's been on my radar for a few years and who convinced me to start buying precious metals. Loved that there was a Mark Dice clip in here also. Great video with great people!
@briancutsinger
@briancutsinger 29 күн бұрын
Great McElroy!
@caroledoerr6872
@caroledoerr6872 28 күн бұрын
Power corrupts and absolute power corrupts absolutely.
@leeroach3381
@leeroach3381 28 күн бұрын
Very helpful Thank you for sharing
@timorourke9230
@timorourke9230 29 күн бұрын
It was a 10 oz bar Mike...Not a hundred oz.
@donniebaer1992
@donniebaer1992 16 күн бұрын
He did another video with a 100 oz bar
@mike2959
@mike2959 27 күн бұрын
There’s so many KZbin videos and clips from the early ‘80 about nobody can afford a home. The American dream is dead. Interest rates were 17%, the dollar is a joke. I’m only 52, but for 52 years everyone says the same thing. Over and over. The oil embargo was on the news so much, interest rates, just never stops.
@pftittl
@pftittl 24 күн бұрын
Truth! Doom sells. Scaring people SELLS
@Notme-tq4xs
@Notme-tq4xs 13 күн бұрын
Funny, it's all still working. And there is no replacement for the dollar anyway.
@simonbrunet5605
@simonbrunet5605 29 күн бұрын
People are dumb but this woman was the queen of them.
@petereastwood7868
@petereastwood7868 29 күн бұрын
And, she took a Hershey bar! It isn’t even good chocolate!
@marcel_367
@marcel_367 29 күн бұрын
Superb collaboration, two legends :)
@davidrobinson1201
@davidrobinson1201 29 күн бұрын
Agreed
@tomdonovan4842
@tomdonovan4842 26 күн бұрын
Again, excellent knowledgeable experience guest great review thank you
@mcrider95466
@mcrider95466 29 күн бұрын
it was a 10 ounce bar Mike.
@sophiec3592
@sophiec3592 27 күн бұрын
This reminds of my Ray Delio book too, both good read.
@eprofessio
@eprofessio 29 күн бұрын
I like Ken.
@metalmike570
@metalmike570 29 күн бұрын
Where's Barbi today? You know Mrs. McElroy.
@spike22227
@spike22227 29 күн бұрын
Mark Dice😂 His man on the street videos are always great
@johnnyb33good21
@johnnyb33good21 28 күн бұрын
Mark dice is great. He needs to do more of those videos
@hashimsalim2665
@hashimsalim2665 29 күн бұрын
very good.
@TwitchRadio
@TwitchRadio 28 күн бұрын
😂, candy or silver... just imagine all the candy bars you could have gotten with that😂
@BenjaminMcLeod815
@BenjaminMcLeod815 15 күн бұрын
It's so obvious that things are not improving. I'm looking at high-yield dividend stocks. Selling 200k worth of equities is stupid without reinvesting it. I might turn to cash soon if I don't invest it. Any particulars? (Buying bonds or CDs is not for me)
@sheltonPston
@sheltonPston 15 күн бұрын
The economy and stocks are two different things these days
@Notme-tq4xs
@Notme-tq4xs 13 күн бұрын
@@sheltonPston Somebody always says this. probably since the 1800's
@MarkSenatori
@MarkSenatori 29 күн бұрын
I love this discussion. I think it's in our nature to worry about a storing value. I think the best store of value is anything people really want/need. The problem is that can change over time and unexpectedly influenced by geopolitics or even things like climate change, but it will likely be unknown. What holds value today might not tomorrow, and that's really what we're worrying about as we prepare for an unpredictable future.
@steve5976
@steve5976 29 күн бұрын
On a long enough timeline the survival rate for everyone drops to zero
@jeannettebrewer3007
@jeannettebrewer3007 27 күн бұрын
Gold has always been a source of value..fiat currencies come and go..FACT!!
@kahvac
@kahvac 29 күн бұрын
Ken or Mike ? ........... I know this much both speak the TRUTH !
@metalmike570
@metalmike570 29 күн бұрын
Ken Norton or MIke Tyson?
@carefulconsumer8682
@carefulconsumer8682 29 күн бұрын
Did you listen to the recent interview of Jamie Dimon? He said all currencies will continue losing value and there is only one way to preserve wealth....gold. The host quickly changed the topic since they do not like to hear that. He also called gold a "currency." BTW, great Mark Dice video clip! That is a CLASSIC!
@TortolaBeachBum
@TortolaBeachBum 29 күн бұрын
🏆
@Maci-Laci
@Maci-Laci 27 күн бұрын
How you bring gold from A country to B country? How you sell ? How you send it for someone. The gold prijs almost same than 10 year before. Gold is not solution.
@Notme-tq4xs
@Notme-tq4xs 13 күн бұрын
@@Maci-Laci You carry gold on the plane. Sell anywhere. You mail it (gold gets mailed everyday).
@marcuskelly5768
@marcuskelly5768 9 күн бұрын
Gold has been and always will. Believe me moving it... You will make a plan, especially if it's costly
@jackferreira4024
@jackferreira4024 29 күн бұрын
That was a 10oz bar Mike!
@scottweier4285
@scottweier4285 16 күн бұрын
This guy gets it. Hear him
@FiscalWoofer
@FiscalWoofer 13 күн бұрын
3:06 this absolutely a world wide thing!
@biglance
@biglance 27 күн бұрын
Link to the video you reference please?
@Jahguaar
@Jahguaar 3 күн бұрын
Knowledge supports growth.
@Maurice181
@Maurice181 29 күн бұрын
A lot of truth in this...
@DaleHitchcox
@DaleHitchcox 27 күн бұрын
I’ve enjoyed your down-to-earth videos. since I discovered them a few months ago. Like everything, fiat currency has its pluses and minuses. Because this video is pro goldbugginess, a common affliction of the wealthy class, I will be more leery of your advice in the future.
@AaronHansen-iu1df
@AaronHansen-iu1df 12 күн бұрын
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.
@HighlightsSerieATIM
@HighlightsSerieATIM 12 күн бұрын
The very first time we tried, we invested $1000 and after a week, we received $7500. That really helped us a lot to pay up our bills.
@Piligarcia-zs7bo
@Piligarcia-zs7bo 12 күн бұрын
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
@mikesnoek
@mikesnoek 12 күн бұрын
Most people are retiring this year and has nothing to show for. But I assure you it's never late to get your financial life together again.. All thanks to Charlotte Grace Miller for I and my family
@jadewashington7
@jadewashington7 12 күн бұрын
I'm new at this, please how can I reach her?
@fameswap-dq5eo
@fameswap-dq5eo 12 күн бұрын
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
@mentemillonariatips
@mentemillonariatips 11 күн бұрын
Ottimo lavoro 👌🏻👌🏻
@Droprizzi
@Droprizzi 26 күн бұрын
After I shared this with my boss he fired me so now I’m just going to start my own business ☺️
@cockyhemi-123
@cockyhemi-123 29 күн бұрын
Hey Mike, Mark Dice had a 10oz bar. Not 100oz.
@chipshiner2371
@chipshiner2371 29 күн бұрын
Still 300$.
@robertsanford406
@robertsanford406 29 күн бұрын
I'm pretty sure it was a 10,000 oz. JM bar.
@claudelengyel5098
@claudelengyel5098 29 күн бұрын
100 Gramm!
@SmokyPemberton-te5oq
@SmokyPemberton-te5oq 29 күн бұрын
320 gram bar.
@markneilson1044
@markneilson1044 29 күн бұрын
Yes the guy even says who needs a 10 oz bar of silver
@rogermatheny5512
@rogermatheny5512 17 күн бұрын
So what to do ??
@darlabutler7596
@darlabutler7596 28 күн бұрын
How do we get a mcelroy silver coin?
@joo7454
@joo7454 28 күн бұрын
So Mr McClory, what exatly do the thumbnail graphs with 1929, 1949 and 2024 have anything to do with this?
@noemivillavicencio7060
@noemivillavicencio7060 27 күн бұрын
House design definitely has changed, it’s bigger, fancy and that comes with higher price. (Higher ceilings, granite countertops, larger gabinetes, bigger size tile, etc, etc)
@ryang6222
@ryang6222 29 күн бұрын
Same folks run the money game no matter who they allow to be reserve currency.
@jillrivera6074
@jillrivera6074 29 күн бұрын
Gold reclassified as a Tier 1 asset by Basel III in 2019!
@smiley8881239
@smiley8881239 29 күн бұрын
Yes Mike, the house did change, so did the number of ounces of gold in existence as well as the number of dollars in existence. They ALL changed. They did not change in the same way or at the same rate, but all have changed nonetheless.
@joostonline5146
@joostonline5146 28 күн бұрын
Ken & Mike (dollar up) vs Dalio & Schiff (dollar down)
@Slide61
@Slide61 27 күн бұрын
We enjoy the reserve currency status. We were granted that due to the dominance of our industrial base - primarily. While previous reserve currencies held that status for hundreds of years the US will likely lose it in 100 years. We didn't just abuse the privilege of the reserve currency we destroyed the justification for having it by voluntary destroying our robust industrial base. How can you be a super power and dominant the world economically if you can't make anything?
@RichardNixon1971
@RichardNixon1971 29 күн бұрын
It was a 10 ounce silver bar or a Hershey chocolate bar king size ,not a 100 ounce silver bar,but still crazy . $300 dollar bar vr $5 dollar bar and most people took the $5 dollar bar.
@frankthetank8552
@frankthetank8552 11 күн бұрын
Watching Mike change in looks way faster then his predictions. His grandchildren might see what he says come to fruition
@scottweier4285
@scottweier4285 16 күн бұрын
This guy nails the value of money. What changed the value of gold, the homes or the dollar?
@NikNik-zr1zx
@NikNik-zr1zx 29 күн бұрын
Who is we? You must be referring to the 1% that have enjoyed the dominance of the US dollar.
@bunsguns8222
@bunsguns8222 28 күн бұрын
No, the 99% have enjoyed this benefit too, that's why we've been such big consumers. Things are about to get even worse.
@yorsan2240
@yorsan2240 27 күн бұрын
​@bunsguns8222 some people getting debt like free cookies have used the system but have ended up enslaved over it ,the 1% is who really enjoy the dollar out of thin air scam, they do it with every other currency as well so their stronghold on the global market will still be there
@maplenook
@maplenook 27 күн бұрын
Every American benefited!
@CliveBirse
@CliveBirse 19 күн бұрын
Mike is absolutely right, Since China was able to successfully mediate a reunification of Iran and Saudi Arabia along with other Arab states, the US is no longer able to create the kind of divisions, in other words sow the seeds of discord that they are experts at sowing so as to be able to exploit countries in that region. If I was Saudi Arabia, all sales of oil to them would have to be conducted in the Rial or the Yuan. Obviously if they are buying stuff from the US it would have to be in dollars. My point is: the dollar should only be used as an absolute last resort.
@ThomasChai05
@ThomasChai05 19 күн бұрын
Exploring BRICS' stance on gold sparks interest, driven by its historical value, inflation hedging, and portfolio diversification. While gold offers advantages, prudent consideration of risks and alignment with individual financial goals are crucial for potential investors.
@mikegarvey17
@mikegarvey17 19 күн бұрын
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with *Gertrude Margaret Quinto* a financial consultant regulated by the SEC, and started small, but eventually accumulated almost $1 million.
@mariaguerrero08
@mariaguerrero08 19 күн бұрын
@@mikegarvey17My partner’s been considering going the same route, could you share more info please on the advisor that guides you.
@mikegarvey17
@mikegarvey17 19 күн бұрын
*Gertrude Margaret Quinto* maintains an online presence. just make a simple search for her name online.
@Grace.milburn
@Grace.milburn 19 күн бұрын
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
@rathelmmc3194
@rathelmmc3194 29 күн бұрын
For someone who's supposedly studied money I'm not for certain how he got something wrong in the first couple of minutes. If the government borrows a trillion and promises to pay back 2 trillion in 30 years they don't have to print up another trillion. The government has time through taxation to pay that extra trillion. The money supply could even shrink in that intervening 30 years and they can still meet their debt obligation. It's like if you own real estate and you borrow a million dollars and promise to pay back two. You don't need to borrow two million to pay it back, you use the cashflows to pay it over time. Secondly if the dollar is going up against other fiats that means it will remain the reserve currency for the foreseeable future. What killed the Pound from being the reserve was that it was going down against the dollar and the British economy wasn't large enough to have the outstanding currency to maintain itself as the world reserve. The US dollar has a tremendous capacity to expand and shrink as the world needs dollars along with the US central bank willing to work with other central banks in currency swaps and other means to maintain necessary liquidity. With that said I do disagree with the US government's decision to confiscate Russian reserves and knocking Russia out of Swift. Weaponizing the dollar does not create global stability, but maybe the US government isn't concerned with that anymore.
@arsewind
@arsewind 23 күн бұрын
Mike, the only thing I disagree with, is when you said "goods and services don't change". Or really just not taking observing specific goods and services effect. This last inflationary bump cant not all be blamed on the debt. Its mostly people not figuring out how to work. People must come to work and pitch in with their goods and services or they will drag down the value of the dollar. Not everybody with in a society can sit home and consume. that will cut supply of course. Cutting supply even more is we now got larger businesses allowed to buy up consolidate smaller businesses, fixing the market pricing in that way. I mean like on a small micro scale so the feds never ever jack with them for doing it. This dominant trend is lowering the supply of just all the stuff live with, put in our home, play, work, or food what ever. I think you know what I am saying here, that's causing the more inflation than anything including "public debt" Higher interest rates will not calm this current inflation . Small businesses producing more goodies is the only hope for fast recovery. Agile faster smarter thinking small businesses have to borrow to build the infrastructures to produce our favorite goods and services, if that cost more to do from higher interest? well ? its not making things cost less.. higher interest will = more inflation this time. To see what I am really talking about. Look at goods and services on a grass roots roots level.. All high reader publications will have their motives to maximize their interest. Instead of only looking at those commercial publications, instead, partition more time to look at where the tangible production of goods are located, how do things get built, supplied, stocked and delivered. and you will be fascinated. If we restore our productivity, (and define productivity properly), then and our dollar will dominate more than it is now all currency is primarily supported by the goods and services of its actual country..
@user-xk4vt9ye8j
@user-xk4vt9ye8j 27 күн бұрын
The Cloward-Piven strategy in action.
@uroszecevic1389
@uroszecevic1389 26 күн бұрын
Hbar lover 🚀🚀
@brianrobertson7012
@brianrobertson7012 27 күн бұрын
Right now we mine out more then enough gold in North America to set the dollar to 0.1% the price of gold .
@Educationsupport
@Educationsupport 28 күн бұрын
The United States can't tax the use of its money across the world, except through inflation. Assets are key to maintaining value. Could be a piano, a piece of art, a house, stock, gold, silver, palladium. As fiat returns to America, assets will inflate while the value of fiat deflates.
@user-yh7uw3ou1m
@user-yh7uw3ou1m 28 күн бұрын
The giver of the silver said it is a 10oz silver bar, not 100oz.
@mtnmann72
@mtnmann72 27 күн бұрын
That was 10 oz bar but still crazy what people value or just don’t know.
@jimeditorial
@jimeditorial 8 күн бұрын
On a macro scale, the problem is the ability of money to make money....financialization. create proper incentives for investment in the goods producing economy and disincentives for financialization and inflation will abate
@eldarguseynov6822
@eldarguseynov6822 24 күн бұрын
It is well know truth, but what is the advice smart guys? If I outside the us, where should I keep my money to save them from the inflation. Sp500 is too connected to us market and the risk mentioned in the video will drop the costs of all the us stocks.
@MrMscience
@MrMscience 27 күн бұрын
So what is the best thing for people to do that have all of their money in their 401k?
@lauraallisonn
@lauraallisonn 29 күн бұрын
They raise interest rates, but then continue their obscene overspending and money printing. Such a mess
@Rocko1II
@Rocko1II 29 күн бұрын
Go look at the history of Gold prices. It isn't stable abd it fluctuates...i need that explained...if Gold is this store of value why does it's value drop 50% routinely?
@patgallagher6814
@patgallagher6814 27 күн бұрын
In answer to your question, in brief, ' bank manipulation ' tell me when gold has ever gone bust ? " If you don't know gold, you don't know history," Investing is your call as it's your fiat money you'd be risking.
@Rocko1II
@Rocko1II 25 күн бұрын
@@patgallagher6814 that isn't an answer. According to gold bugs gold only holds value or increases relative to Fiat currency but a quick look at Gold prices charted over time shows that to be false. The only thing gold protects against and hedges after Against is hyper inflation that while it happens is extremely rare. Gold routinely drops 25-50%... So? What's the point?
@Picklemedia
@Picklemedia 26 күн бұрын
@4:20 sorry Mike that was a 10 oz bar
@user-pr4oq4mm7p
@user-pr4oq4mm7p 14 күн бұрын
It seems like: some tried covering up, while may get failed, or it will be. @-@
@priscillaferguson267
@priscillaferguson267 28 күн бұрын
GO BRICS+Alliance 👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼
@BeelP.
@BeelP. 27 күн бұрын
The currency of the country that supplies the world with the most of what the world needs will by nature tend to be in greatest demand. Guess who the largest trading nation currently? Only its unconvertibility at the capital account deters it's adoption as the de facto reserve currency.
@TheXplicitSyrian
@TheXplicitSyrian 27 күн бұрын
Sup dawg
@FiscalWoofer
@FiscalWoofer 13 күн бұрын
The way de dollarisation happens is it has to become too expensive for everyone?
@meh5meh
@meh5meh 11 күн бұрын
4:16 >>> That wasnt just "some guy". That was THE Mark Dice. You probably don't know of him because KZbin hides him from the search/related video algorithm.
@mike2959
@mike2959 27 күн бұрын
And you guys also said social security would be gone by 1994, that’s on KZbin as well.
@letsdanceonhere
@letsdanceonhere 22 күн бұрын
I get the whole fiat currency concern but gold is only valuable as long people say it is and that could change no matter how long it's held value.
@donniebaer1992
@donniebaer1992 16 күн бұрын
Mike for Treasurer
@deeprose8598
@deeprose8598 25 күн бұрын
I was going to buy a house this year, but stopped, the feeling wasn’t good…
@andrewmitchell7592
@andrewmitchell7592 29 күн бұрын
😢
@Bobbyrealtalk369
@Bobbyrealtalk369 16 күн бұрын
No crash
@rokph1067
@rokph1067 29 күн бұрын
👍
@davidkrempasky7086
@davidkrempasky7086 28 күн бұрын
Over the past year, the debt has increased by nearly $8.5 billion per day, a pace that poses significant risks to the nation's economic stability. As of March 18, 2024, the total national debt stands at $34,551,363,248,839.89How much money is printed each day? The Bureau of Engraving and Printing produces 38 million notes a day with a face value of approximately $541 million.
@Mark5ive5
@Mark5ive5 12 күн бұрын
Part of the reason people take the candy has to be suspicion that the bar is some other worthless metal.
@bighoss8793
@bighoss8793 29 күн бұрын
They probably thought silver bar was fake.
@RealityTrailers
@RealityTrailers 29 күн бұрын
At some point, a certain number of people who've been investing over the years in silver and/or gold will become very wealthy. At some point, and for only a brief amount of time, sivler will be traded for real estate, maybe 100 ozs of silver for one $300k to $500k property.
@cockyhemi-123
@cockyhemi-123 29 күн бұрын
Yep. And when someone does that, they better demand an allodial title/land patent so they own that property outright. No property taxes.
@user-lb8bg6kj9m
@user-lb8bg6kj9m 29 күн бұрын
Nobody would be dumb enough to trade a bar of silver for a home.
@bunsguns8222
@bunsguns8222 28 күн бұрын
There's a guy in NY, tranx i think is the name. He's handed out gold on the street and a ton of people pass him by.
@mikey6214
@mikey6214 26 күн бұрын
My parents townhouse cost about 571 ounces of gold back in 1970 Today it would only cost 121 ounces of gold. Canadian EH!
@robinsk5644
@robinsk5644 26 күн бұрын
You can preserve your wealth, but can you preserve your soul?
@ShockNAwww
@ShockNAwww 29 күн бұрын
Wasn't 100oz bar...
@robertnickson8781
@robertnickson8781 28 күн бұрын
So what will happen to the last country holding dollars 💵.
@echoeversky
@echoeversky 27 күн бұрын
*sideeye to the T10Y3M*
@plumberjoe80
@plumberjoe80 26 күн бұрын
I wonder how many people will have to give their lives to cancel this debt we have no intention of ever settling up on.
@markneilson1044
@markneilson1044 29 күн бұрын
That video is more then 10 years old I think most people would take the silver over the chocolate these days?
@jassa49
@jassa49 28 күн бұрын
Problem is democracy can be bribed and person of interest is placed in position and by that it can be miss used and with time it lost its worth
@Lazlazor
@Lazlazor 19 күн бұрын
4:21 100oz silver bar? No grandpa, that's a 10oz'er.. you may want to put your spectacles on to see that gramps
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