How Money Became Worthless | End Of The Road (2014) | Full Film

[@Aarrenrhonda3]

High prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.

[@Peterl4290]

It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of investing in the stock market and potentially grow your retirement savings over time.

[@larrypaul-cw9nk]

Considering the increased complexity since the 2008 crash and COVID, I suggest diversifying your financial portfolio. I hired an advisor and successfully grew my portfolio by over $150K during this turbulent market using defensive strategies that protect and profit from market fluctuations.

[@jerrycampbell-ut9yf]

That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

[@larrypaul-cw9nk]

Google Annette Christine Conte and do your own research. She has portfolio management down to a science

[@jerrycampbell-ut9yf]

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

[@tonysilke]

So how exactly can we guard against the coming financial reset Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $110k stock portfolio.

[@Nernst96]

Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.

[@PatrickLloyd-]

I agree, having the right plan is priceless. My portfolio is well-suited for any market and recently doubled since early last year. My CFP and I are aiming for a seven-figure goal, which might take another year to achieve.

[@PhilipDunk]

@@PatrickLloyd- Who is this person guiding you and how can i reach he/she?

[@PatrickLloyd-]

I'm very cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "Sharon Ann Meny" I've worked with her for some time and highly recommend her. Check if she meets your criteria.

[@PhilipDunk]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@CameronFussner]

Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

[@JohnsonAshley-sy3lx]

Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin ,While also continuously learning from mistakes and improving

[@CharlesArthur-fq5sx]

Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, and save for retirement.

[@williamDonaldson432]

After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks.

[@foreverlaura-fq4eu]

@@williamDonaldson432 Market behaviour can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?

[@williamDonaldson432]

The decision on when to pick an Adviser is a very personal one. I take guidance from Annette Marie Holt to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

[@hannagarcia2614]

Great video! I really have a question. For someone with less than $5,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach?

[@elizabethella2249]

My advice: for newbies to grow financially this year, invest. Saving is good, but investing elevates your finances. Why newbie make huge losses on trade is because investing without proper guidance can lead to mistakes and losses. that will stop you from trading, this has been one of the biggest problem to new traders, I've learned this from my own experience.

[@Roger_Gibson]

I agreed, investing without proper guidance can lead to mistakes and losses. last year. I did so many mistakes but also learned so much from it, If you're new to investing or don't have much time, it's best to get advice from an expert.

[@tonybailey89-z2h]

Nice. those who work with expert typically earn more than those who go it alone.

[@lisamiller8566]

Wow! who is this expert guiding you? As a beginner what do I need to do? How can I start, If you know any please share.

[@Roger_Gibson]

As a beginner, it's essential for you to have a mentor to keep you accountable. Myself, I'm guided by Daniel Adams Bailey. for years and highly recommend him I focus on him. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@nicolasbenson009]

To attain upper-class wealth, a wise individual recognizes that building financial success requires smart investments, strategic tax planning, and informed decision-making. Although the stock market offers growth potential, effectively seizing these opportunities demands both skill and expertise.

[@SandraDave.]

Stock investments can offer great potential, but it's essential to approach them with caution. I recommend consulting a financial advisor who can help you determine the optimal times to buy and sell.

[@tatianastarcic]

Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

[@JohnSmith060]

How can I reach this advisor of yours? because I'm seeking for a more effective investment approach on my savings

[@tatianastarcic]

My CFA ’Sophia Maurine Lanting’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@BellamyGriffin19]

I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.

[@LorenMcClaflin]

It’s important, for context, to realize that this film is 10 years old, when interviewees are making references to “recent” events.

[@zaberfang]

Still affects the present.

[@gullybull5568]

This is spot on. The jews are behind the deflation and inflation and MANIPULATION of ALL. !!!!!😂😂😂😂😂

[@BKG-ACADEMY]

I also reliazed since i already seen this video 10years ago

[@BKG-ACADEMY]

Channel like Monocomy, Best Documentary also uploading the same video

[@bertanelson8062]

More like 14 years old now.

[@NotMarkKnopfler]

Gold is not going up in value. Your _currency_ is going down in value.

[@allseeingotto2912]

Which makes gold go up in value

[@urpgag2]

Period. all the rest is pie in the sky.

[@jb-vz4wb]

It is possible that part of gold's rise in price is due to demand, and a premium for having properties like being a store of value not directly tied to the value of money. Gold does not have to go up or down depending on the value of money in the short term

[@dabbbles]

@@allseeingotto2912 One day all you 'experts' will realise that 'value' and 'price' are two ENTIRELY different things. And that they are NOT interchangeable

[@dabbbles]

@@allseeingotto2912 You mean "go up in PRICE". Anything that has no USE has no VALUE. You can't eat gold; nor even use it to wipe your arse. Where's the 'value'??

[@samanthadonaldson2246]

I am so happy I made productive decisions about my finances that changed forever. I'm a single mother living in Vancouver Canada, bought my first house in October and hoping to retire soon if things keep going smoothly for me

[@HexaBoxabl]

Everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.

[@MagarethWoods]

I’m looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you thing I should be buying?

[@samanthadonaldson2246]

Kate Mellon Bruce is not just my family’s financial advisor, she’s a licensed and FINRA agent who other families in the US employs her services

[@samanthadonaldson2246]

She's active on face book @

[@samanthadonaldson2246]

Kate Mellon Bruce

[@Riggsnic_co]

Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

[@kevinmarten]

Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment

[@JacquelinePerrira]

Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.

[@Jamessmith-12]

Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.

[@kevinmarten]

I'm pleased I found this conversation. If you're comfortable with it, could you share how I can get in touch with the advisor you rely on for your investments?

[@Jamessmith-12]

'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@dhab146]

Great video being 10 years old, hard to buy gold at almost $2800 an oz. Silver over $30 now. BRICS will end the US dollar dominance. Deficit, Inflation and unemployment will soar and chaos will ensue. Welcome to the year 2025-2026. Hope you made preparations for the worse case scenario because it’s coming for all of us!

[@Micfri300]

Brics won't last. They will betray one another.

[@clover1475]

Taking the US dollar off the gold standard was a terrible mistake 😞

[@crappymccrappen4897]

Takeing the US dollar off the gold standard was calcuated.

[@StoneRiderM3]

And all u can do is comment about it 🤡🤙

[@gszd55]

Temporary, lol

[@dragonflydreamer7658]

You people have no Idea what is was like when they broke the dollar and we went broke. Gas lines no food no work over night. I live through just pray you arnt here when it happens again. They made a deal with the devil and created the petrol dollar.

[@wind.del.change]

its was a deliberate act and now they will pretend to restore it.

[@VancouverStacker]

_The average price of gold in 2014 was $1,266.06 per oz. Fast forward 10 years to today and gold is now $2,778.38 per oz._

[@danielhutchinson6604]

So who is able to purchase Gold? The average American appears to be unable to accumulate any disposable income.

[@Ozymandias1]

You'd have done better buying bitcoin back then, one bitcoin was priced at $320 back then, now it costs. $71,940, a nearly 225x increase!

[@jonyngvesyland5461]

2.2x inflation. ~0.45x spending power. finance must be stabilized.

[@podunkest]

Is that supposed to be impressive? Gold is good for it's stability but there are far faster ways to grow your wealth than Gold. If you're a prepper, sure, gold your heart out but if you actually wanna make money I'd not recommend gold being your only or your primary investment if you're working with a smaller amount of money and want to grow it.

[@Kit_Mundo]

​@@danielhutchinson6604check out how much central banks are buying gold the last 3-4 years

[@amenemhurt8817]

At 32:16 consequences of hyperinflation: retirees will have to get jobs! Well, it's happening now even though we're not in hyperinflation economy yet! Scary😯

[@danielhutchinson6604]

The reasons to cling to Capital as a measure of Value, could be coming to an end? Massive starvation that is created by Capitalism, seems to be adequate reason to abandon that Social System? Fluctuations of economic events that drive Humans from their Homes, or offer reasons for adding to Carbon output to enrich a few Folks, could just fail to justify it's existence? The two largest Communist Nations are at the directors Table now. BRICS is assembling an effective Trade Union to represent the economic effects of World Trade. The G-7 Guys appear to own around 20% of available resources, and without Colonial Tribute, they may just default? Humans now have the ability to reach world agreement, Kids in Kabul have Smart Phones. The Oligarchs appear to have lost their grip?

[@busterbiloxi3833]

@@danielhutchinson6604 Holodomor 1932-1933. Moscow Bolshevik Terror created starvation and you work for Moscow.

[@DEEPAKKUMAR-ch6cb]

Thanks for this informative documentary!!

[@busterbiloxi3833]

Mumbai hacker?

[@Vile_Entity_3545]

Prices went up across the board from 40% to up to 150% on services, food and other items. It doesn’t matter if the interest rate goes back down to 2%, those goods and services still cost the same and are not going back down to the pre pandemic prices. Basically we all got poorer overnight by a big amount and will stay that poor for the foreseeable future.

[@F15CEAGLE1]

Right.

[@BeatInTheStreets]

America is a real piece of work.

[@ekinteko]

Best comment here!

[@skibee421]

@@ekinteko IYO

[@davidjoefield9408]

Nothing last forever, Everything that has a beginning has an end..

[@larryharvey7709]

Gold lasts forever.

[@danielhutchinson6604]

@@larryharvey7709 Capitalism as a social system is only 6,000 years old. A relatively short time in Human development terms.

[@MsFallenPrime]

@@larryharvey7709 Neither gold lasts forever and at the same time can be made almost infinite of, too. 🙂

[@busterbiloxi3833]

That's deep!

[@markvolker1145]

Ron Paul just announced he will be joining the Trump Administration! THEY are going to take out the FED RESERVE!! Vote vote vote!!!!

[@JamesHarazes-d3m]

Appreciate your continued dedication to helping average folks try to build wealth and not get rekt in the process, I love your confidence so keep shrugging off the naysayers. Your experience is clear and I look forward to your pragmatic and bullish viewpoints in a world that’s increasingly easy to get caught up in the constant negativity and bearish sentiment.... Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Evelyn Infurna, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@SaraMonger21]

The market has gone berserk! whether you're a newbie or a veteran trader, everyone needs a sort of coach at some point to thrive forward.

[@ElizabethJoyce-t2j]

I appreciate the professionalism and dedication of the team behind Evelyn’s trade signal service.

[@George_Allan]

Evelyn goes deeper than just looking at surface-level trends. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective on the market..

[@Carlynnjudith]

The clarity and precision in Evelyn market predictions are astounding. I'm so grateful to have found her reviews here on KZbin as well.

[@RobertLawrence-r4u]

The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.

[@basspig]

When does taxation become theft? The answer is always.

[@busterbiloxi3833]

How will roads, schools, tunnels, bridges and hospitals be built? How about the US military that defends America? You are a communist infiltrator!

[@danielhutchinson6604]

When does currency Value die? the answer is soon.....

[@thatbeme]

Lack of education makes bigfoot a topic..

[@HarryBuxley]

Not true. In an ideal situation the tax you pay would give you something you something back that is close to the value of what you paid minus some % for the people who implement the thing of value (say; roads). Tax has historically been good for the population , even going back to the ancient empires where tax was essentially protection money that ensured you would not be invaded and have your land taken from you. Paying the tax in that time actually gave you something more of value than the tax paid (not being killed), that's why people did it. "Taxiation is theft" is a dumb reductive phrase. In the modern day, taxation is coerced and arguably not good value. If you want to argue that tax is coereced then say that, not that is if "theft", which is a concept enabled by the rule of law in the first place, which was in turn only ever enabled by people enforcing the rule of law and who were able to do that by taxing and coercing the population that theft was considered a crime in. In other words, theft as concept was enabled by tax, whether that tax be monetary or social commitments.

[@basspig]

@@HarryBuxley Taxation will ALWAYS fail because it is guaranteed income for tyrants to expand their power and control over the slaves. Interestingly, the federal government lets the people drive because it realizes that a mobile population earns more income, which is taxable. If it weren't for taxes, we wouldn't need to commute long distances to work for "high" wages to pay the property taxes. Government should never be in charge of education. 100 years ago, people home schooled. We had books like "Hill's Manual of Social and Business Forms" which taught all the important subjects and the knowledge one needed to run a small business and earn a living. Government run schools turn into a nightmare of teacher unions and leftist politicized ideology taught to the poor kids. Any action that is coerced for the purpose of transferring your wealth to another party, is armed robbery. It's no different than "protection money" and the Mafia. Thousands of people over the years have found out that if they don't pay the tax, the government will initiate the use of force against them.

[@LeviRobinson270]

Creating another source of income in these difficult times is the best thing to do not only does it guarantee returns, it also helps you plan and save for future expenses I hope everyone who reads this will be successful in life

[@Rose_j101]

Assets that can make one successful in life

[@Rose_j101]

I. Forex 2.Stocks 3.Shares

[@Rose_j101]

forex is profitable and lucrative investment online

[@MrsWhite390]

​@@Rose_j101You are right.

[@MrsWhite390]

But I don't know why people remain poor due to ignorance

[@Bfhrhe]

*I'm glad you made this video* it reminds me of my transformation from a nobody to good home, $89k biweekly and a good daughter full of love..

[@BellaGurl-sg1ti]

My advice to everyone is that saving is great but investment is the key to be successful imagine investing $15,000 and received $472,700.

[@CarolineGeolyn]

Hello, I'm a Doctor from Scotland, how do you make such amount? I'm a born Christian but sometimes I feel so down of myself because of low finance but I still believe in God.

[@Bfhrhe]

Making touch with financial advisors like *Janice Isaac Owen* who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times.

[@SadeeK-l5i]

Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!

[@StephSmith-j8t]

You are absolutely right, we also have lot's of expert, real ones with certificate and firms IDS out there waiting for investors to invest and experience the best of trade.

[@This.Island.Earth68]

Money is not becoming worthless. *Fiat currency* is becoming *worth less* Gold, which is real money and has been for millennia, continues to rise against global currencies supported - ultimately - by public confidence. Once that confidence evaporates, watch out 😮

[@danielhutchinson6604]

20 years ago I recall Putin suggesting a return to a Gold Standard Currency. Most folks assumed it was a pipe dream at the time. Last Week among the Nations who own a majority of resources available on this Planet, joined in an effort to determine Trade Valuations as Currency will be Valued by that Group of Traders. Putin was the host of that meeting. The USA lost the Reserve Currency Status of all but about 20% of available resources, last week. Will the remaining amount of available resources be sufficient to provide an appearance of superiority that can dictate terms to the Trade Flow of Goods that have been arriving at US Ports for decades? The references to the "Supply Chain" seem to be a polite reference to the Colonies that have sustained the US Economy? The Colonies appear to have joined a Trade Union? They can negotiate prices using the strength of Collective Bargaining. The US Colonial Empire seems to have ended?

[@TheUnojoe2]

That’s how commodity values are… if they retain functional economic value, they can be converted to other commodities or services. The fluidity of those conversions comes under attack when a “great power” has lost confidence from its consumer/user base. The underlying currencies operating are TRUST in the commodity (like USD or gold) and trust in the exchange system functionality (banks, exchanges, convertibility, etc) aspects of safety in participating in market activities… US Consumer confidence undermined by housing market manipulation. Insider trading and regulatory tantrums undermine stocks AND crypto, Asset freezing undermines international operators… All these activities lead to market participants seeking better options. I believe the digital currencies were not as ready as projected, after the 2020 situation… and the people resisted a bit more than anticipated. There will continue to be a push in the digital currency direction…and that may lead to further tantrums, BUT the delays implementing such “solutions” leave opportunity for potential undermining systems to fill the availability (BRICS). The question I have, is digital currency going to serve to fracture or minimize the circulating fiat, or use one of the component parts to “replace” fiat with programmable market manipulated money? How can the trust in market functional flow be restored without destroying the planet as “proof of the need for a green revolution to use digital currency”?

[@Newlinjim]

It’s not the public’s lack of confidence that’s actually the lynchpin but other governments. The ‘freeze and seize’ policy of the U.S. has forced those not as established ‘Reserve’ nations to keep their reserves in gold.

[@dabbbles]

'Public confidence' is a fickle, EASILY-MANIPULATED thing.(as ALL the evidence demonstrates endlessly!) One prime example is the absolutely stupid advocacy of gold. Gold has NO USE, and therefore NO VALUE. ALL it has is 'public confidence' (which is RIGHTFULLY waning! in legitimacy). 'God' also exists solely due to ''public confidence', as was also the case with a Flat Earth and a host of other fantasies.

[@dabbbles]

PS and the absurd argument that 'gold has been real money' which supposedly bestows some sort of legitimacy should firstly be compared to smallpox (and gonorrhoea for eg!) which has been around for MUCH longer and which can be PROVEN in their entity.

[@austinbar]

The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?

[@rogerwheelers4322]

Gold and Silver are often seen as a safe-haven asset that can protect against inflation and economic uncertainty. But like any investment, it carries risks. To determine if gold is the right investment option for you, an investment advisor can help you weigh the potential benefits and risks of investing in gold. They can also help you create a well-diversified portfolio that includes gold as part of a broader investment strategy. An investment advisor can help you decide how much of your portfolio should be allocated to gold and select other investments that can complement your gold holdings.

[@joshbarney114]

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 a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.

[@FabioOdelega876]

Great gains there! mind sharing details of your advisor please? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time.

[@joshbarney114]

‘’Marisa Michelle Litwinsky’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@FabioOdelega876]

Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.

[@DerraKormino]

America is presently besieged by the hydra-headed evil combo of inflation and recession. The worst aspect about this crisis is that consumers are piling up credit card debt. Credit card debt increased by 20% in April alone, while interest rates have doubled in a year. Inflation is so severe that customers are essentially going into debt to buy basic essentials. The collapse has certainly begun.

[@JaneAnna-j6x]

Every day, we face a new challenge. It has become the new normal. We felt it was a catastrophe at first, but now we know it's a new normal to which we must adjust. This year will be a year of great economic suffering across the country. What initiatives can we take to earn additional revenue during the period of quantitative adjustment? I can't afford for my hard-earned $200k to fall to dust.

[@maiadazz]

More reason I enjoy my day to day market decisions is that i'm being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to

[@amoreauMike-t6z]

Can you provide me the name of this coach? I've been researching advisers because I really need some guidance.

[@maiadazz]

Her name is Melissa Terri Swayne can't divulge much. Most likely, the internet should have her basic info, you can research if you like

[@EmmanuelleNatty]

Thank you very much. I just checked her out and wrote her an email. I'm hoping she responds soon. I've been thinking about doing this for a long time, and I've already procrastinated enough.

[@ppatidar07]

Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to Seren Wintersun, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

[@ppatidar07]

SHE IS ON TELE GRAM.

[@ppatidar07]

@Serenwintersun

[@Conniemaher]

In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Seren’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.

[@79AdventureBaby]

Always backup your trading with a good strategy.

[@seandavis8930]

Nice, I was just hodling before I found Wintersun. In my opinion she is the very best out there.

[@belinda888]

Thank you for sharing - I enjoyed this documentary and learned so much.

[@danielhutchinson6604]

There is a lot more to learn.

[@barjasyaser9246]

Now, I Just realized that the secret to making a million is saving for better trades. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money trading.. I Traded with 10k in Crypto and made about $146k,but guess what? I put it all back and traded again and now I am rounding up close to a million

[@barjasyaser9246]

Thank you John Zevr Crypto

[@annaetore]

How do y'all even make so much from crypto trading?

[@annaetore]

Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular advisor to whom you have used their services?

[@barjasyaser9246]

I will mention and recommend John Zevr crypto.

[@barjasyaser9246]

I'm thrilled at the prospect of learning from a coach like John Zevr

[@Sylvan_dB]

The story started at least as far back as 1913 with the Federal Reserve Act. There was a major burp in 1933 with Executive Order 6102 banning private gold ownership and in 1934 when the dollar was devalued about 75% in terms of gold (~$20/oz to $35/oz). The Nixon step in 1971 was just the last straw. In 1971, stamps cost 6 cents... in 1863 was 3 cents... a 100% increase in 108-years, followed by a 733% increase over the next 40-years. --Simon Black, 2011

[@mikehardwicke23]

Everyone ignorant of the fiat ponzi must watch this film.

[@Amarblr2004]

We need a different system of economics

[@timoshala8928]

We just need someone in office who understands economics, like Xavier Milei, the problem is, the very people who profit from this situation are in charge, and, half of the population want socialists in power.

[@Rony-azad]

we do not need anythıng just being leaved alone,

[@davidguthrie5941]

An hour long gold commercial. 😂😂😂

[@Micfri300]

And is that a bad thing? Safest investment out there.

[@PastorFank]

*I had problem comprehending trading in general. I tried watching other KZbin trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to Follow*

[@GOODLUCKrufus-d8b]

I've been making a lot of looses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?

[@Candysamuel-s7y]

Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies

[@MelissaDebbieCunningham]

I will advise you should stop trading on your own if you keep losing.

[@MelissaDebbieCunningham]

If you can, then get a professional to trade for you i think that way your assets are more secure

[@MelissaDebbieCunningham]

I'd recommend JUDY, ARIANNA her profit is great even when there's a dip

[@revalesq]

Great film. Thanks 👍🏿

[@PhilipWong55]

The US lost its superpower status in 1971 when President Nixon suspended the convertibility of the U.S. dollar to gold, effectively ending the Bretton Woods system. The United States was financially exhausted by spending on the Space program, the Great Society program, and the Vietnam War. In 1971, it could no longer keep its Bretton Woods commitment to exchange gold and the US dollar at a fixed rate of $35 per ounce. The last time the US had a positive trade balance was in 1975. The US has basically been bankrupt since 1975. The U.S. is the world's largest debtor, with a NIIP (Net International Investment Position) of -$16 trillion. China (including Hong Kong) is the largest creditor, with a NIIP of $4.3 trillion, followed by Japan, Germany, and Taiwan. The U.S. last had a positive NIIP in 1988 and a trade surplus in 1975. The U.S. debt grows by about $5-7 billion daily, and the trade deficit averages $2-3 billion per day. The US national debt is more than $35 trillion, with 22% of it held by foreign entities. The US also has $40 trillion in unfunded Medicare liabilities and $26 trillion in unfunded Social Security liabilities. The US dollar is the dominant reserve currency, backed by its perceived strength, allowing the US to print unlimited dollars as long as the world maintains trust in it. The US dollar is the backbone of US power, and any actions that undermine confidence in the currency threaten to destabilize its position of dominance. Each unilateral sanction imposed by the US risks damaging the stability and credibility of the US dollar, leading to dire consequences for the nation's power and influence. The US is the only country actively undermining the strength of the US dollar. The freezing of Russia's $300 billion currency reserve by Western governments may lead countries to reconsider investing their funds in US Treasury bonds and finding ways to reduce their use of the US dollar. A significant portion of US dollars is held outside the US, estimated at 60-70% of all US dollars in circulation, due to its status as the dominant reserve currency and wide use in international trade and finance. The US's one trillion dollar trade deficit is a consequence of being the reserve currency, as a strong dollar makes it difficult for US businesses to export goods and services while simultaneously making it easier for other countries to sell to the US. Countries are expending resources and labor making goods and shipping them to the US in exchange for green pieces of paper. The US is sending back mostly empty containers. The US budget deficit is $1.7 trillion in 2023 which must be paid for by selling more Treasury bonds. The interest on this debt is twice our military budget. The government sells more Treasury bonds to pay the interest on its debt, leading to a cycle of increasing debt. The US printing of dollars has been exporting inflation in other countries for decades, but will eventually increase US inflation. Raising interest rates to fight inflation decreases consumer and business spending, increases the trade deficit, and increases interest payments on government debt. Other countries will respond to the US's rising interest rate by raising their interest rate, risking a global recession. The Plaza Accord addressed this issue in the past, but it will be challenging to implement such measures now. A well-run country collects taxes to fund essential services and infrastructure. In the US political system, wealthy corporations and individuals can lobby for tax breaks. The shortfall in funding for the US government has reached $35 trillion. Instead of collecting taxes from wealthy corporations and individuals, the government pays them interest. The top 10% of earners (36%) and corporations (9%) together contribute 45% of total federal revenue. Banks hold Treasury bonds for their safety, liquidity, regulatory compliance, and potential profitability. When interest rates on Treasury bonds rise sharply, the decrease in existing bond values reduces liquidity and makes it harder for banks to raise cash quickly. This causes depositors to lose confidence, triggering a bank run. In response to the current bank run, the government is issuing Treasury bonds to raise funds to compensate depositors for any lost funds. There are $19 trillion in deposits in US banks. The estimated unrealized loss on US banks' financial assets is $1.94 trillion, while the total size of their equity is $2.1 trillion. SVB had a $15 billion loss, while their capital is $16 billion. Around 2,315 of the 4,800 banks are currently on assets worth less than their liabilities. It's a systemic issue. A similar issue is being played out with risker Mortgage-Backed Securities (MBS) valued at $12 trillion. The new Bank Term Funding Program (BTFP) helps prevent discounted bondholders from taking losses when they must urgently sell them. The BTFP accepts discounted bonds at face value to be used as pledges for loans to inject more money into the economy. Risking more inflation. It's a Ponzi scheme. Ponzi scheme cannot taper. We reached the can and there is no more road.

[@danielhutchinson6604]

At one time China Investors held 18% of long term US Treasury Securities. Now Japan has more than China, but both of them are unloading. The recent BRICS Conference included two Communist Nations. If the appearance of Debt being a tool to manipulate Economy, China and Japan now notice their growing power. If the two communal Governments now decide Capital is not a valid form of determining Value, how will the USA resist? The efforts to create an image of stability by allowing Banks to invest in Bonds, instead of retaining liquidity, has been demonstrated by almost a half dozen Banks. They went toes up. The problem is the US Currency has no support any longer. Putin announced the Physical Currency desire, about 20 years ago as the US began to fail to support the currency. The Emperor has no Clothes. Economics now appear to have employed a new Teacher? We live in interesting times.

[@danielhutchinson6604]

The $19 trillion in US Banks is Fiat Dollars. Wiemar Germans had a lot of Deutschmarks too. Remember how that turned out?

[@Barabus-yx2cn]

You are correct. But, we underestimate the reach of this Ponzi scheme. We are not yet at the end. There is one more chapter. This corrupt and desperate govt is now going to manufacture a crisis that will give them green lights to ram interest rates back to zero again. It's their only out. 52% of current govt deficit is in rapidly maturing 10year treasuries. Another 20% in 30 year bonds. If this govt has to refinance all this debt at 4-6% the economy will crumble and they will default. So...they jam the rates back down and us the treasury to print massive amounts of cash to finance the great reset. It is THEN that we will see rapid, out of control double digit inflation due to this hyper liquidity. You better be long real estate, silver and gold when this happens. The USD will become virtually worthless.

[@MrSeadawg123]

You left out several very very important details. That being the creation of the Petrodollar. You can track our increasing imports and exports exactly with the creation of the petrodollar. And under Reagan. We quickly transitioned to a Debt Based economy. Continued under Bush. Then with Clinton and NAFTA put the nail in our manufacturing. It was not just about getting cheap labor. It was about gaining control over countries with trade agreements and weaponizing our monetary system. To control or have influence over these other countries. Remember we were still the main exporter for the world. There was no reason for that to change. The only reason it changed. Was the creation of the petrodollar. Also as you see our exports decline. You will see our national debt increase. Almost exactly with our export loses. I hope you look at this. Because if you do not. You will have a distorted perception of reality.

[@danielhutchinson6604]

When the Treasury began to test the acceptance of Fiat Currency, they apparently sent spokesmen out to promote the idea in 1970, while I was studying Economics at Berkley. The Treasury people at that time proposed that they would sell Treasury Notes that would insure some form of support for the Dollar. They did not have the audacity to propose a program that had no visible support. They apparently presented some illusion that they had sold equal amounts of Treasury Securities to the World, for 30 years. The fact that up to that point the owners of Chase Bank were also prominent White House Advisors, and seem to remain among the group who are consulted to solve economic issues until today. Kissinger and Associates are among the group of Rockefeller Toadies who provide information, as their Benefactors who now own the largest Bank available, were also responsible for building the World Trade center. Sure the idea that the building that Nelson Rockefeller constructed in 1969, may just be a target of opportunity. My thoughts in that morning of 2001 was that some disgruntled ex-Rockefeller Employee may have flown a Piper Cub into a prominent Rockefeller building, then the news of 2 large Airliners doing the damage, made me question the relationship of Nelson R to a pile of conspiracy theories that had been building up, since the former Vice President assured us that the CIA would never interfere with Domestic affairs. Sure it sounds like Peewee Herman connecting the Dots, but I assume the 50 Children of the Rockefeller Bros, attending the best Universities need a lot of money, made me question how they would be provided with enough Platinum Cards to finance their educational opportunities? Jamie Diamon as head of Chase, at times appears to be a Dolt. But He is Boss of the Biggest Bank, and apparently was promoted with consent of David Rockefeller, who was advising Presidents in the 1950's. The advice we get from Chase is to dominate Ukraine and drain Russian Treasury so we can have access to Russian resources to enrich American economic efforts to be the Worlds Biggest, or something like that. The lame excuses that are coming from the last 5 Administrations appear to indicate the USA wants to dominate World Trade? Last Week the resources of the Planet, perhaps the owners of the majority of those resources, declared that they were going to set the Prices for Goods sold to fill the ships that arrive at US Ports. Even the idea of stability made the Seal fall off Yellens Podium. I feel you overlooked a few things?

[@henryairconcepts2999]

You cant fill up a hole by digging another hole

[@adchalet]

A movie by and for goldbugs.

[@zaberfang]

Yet still, the movie had a point.

[@Newlinjim]

This video was filmed 14yrs ago. Pull up a gold chart.

[@Micfri300]

Donkey.

[@diegocorrea1491]

Excellent video but Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

[@ՄարիՀակոբյան-պ1ք]

You're correct!! I make a lot of money without relying on the government, Investing in stocks and digital currencies is beneficial at this moment.

[@user-yf6mn6kx8u]

Job will pay your bills, business make you rich but investment build and wealth long term, the future is coming.

[@Mzefirov]

Life is easier when the cash keeps popping in, thanks to jeffery kathryn services. Glad she's getting the recognition she deserves

[@AyeshMohammad-do3wd]

​@@MzefirovWow! Kind of in shock you mentioned expert, Jeffrey Kathryn What a coincidence!!

[@AyeshMohammad-do3wd]

Thank you Lord Jesus for bringing expert Kathryn into my life and my family, $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!

[@rubyvolt]

Realize that a central bank can buy gold, real estate, stocks and whatever they want with dollars. CLICKED into existence.

[@TheUnojoe2]

Which becomes an increasingly likely scenario, the further we move away from market functionality. Self fulfilling? Maybe. Self preserving? Seems to be a main aim. Functional solution for a system no longer trusted? No. Can it be avoided? Yes. Has that been used to *manipulate commodity pricing “favorably “ to insiders? Yes, many times. … Hence the predicament of lost trust.

[@Newlinjim]

The dollars can be clicked into existence but not the supply.

[@rubyvolt]

@@Newlinjim that does not compute. The whole system is nearly digital now. ]Well over 95% of all transactions are with plastic or NSA approved monitoring device.

[@Newlinjim]

@@rubyvolt the reference was to the gold supply.

[@busterbiloxi3833]

Jealous, much?

[@DanWhe]

Savings went down not just because of inflation, the massive increase in consumerism and the infection of product obsolescence has driven inflation.

[@DesertJungleMan]

Energy is the price and currency, NOT Gold. You can’t print energy, it is conserved by nature and governed by the laws of physics. When we use energy as the currency, we account for everything, even nature’s transactions that happen between all creatures. This will allow us to cut the BS and stop destroying nature since the price is very clear and accountable. Electrification is happening to almost all means of production. Electricity is converging to be the most used form of energy; priced watt is the only possible currency choice for the world ahead and will be the new economic system for the future.. think about it.

[@DEEPAKKUMAR-ch6cb]

That's a great perspective!! Tell me more about it

[@life42theuniverse]

The ultimate source of the Watt is the Sun. Its’ strength varies in time and latitude.

[@DesertJungleMan]

@@life42theuniverse Sun energy is the ultimate economy size of earth, every day is a new economic cycle for production and harvesting

[@DesertJungleMan]

@@DEEPAKKUMAR-ch6cb ready to answer a specific question

[@danielhutchinson6604]

The use of Currency to purchase resources to manipulate Energy, is facing some difficult decisions. The USA is in a pretty deep Debt hole. The rest of the G-7 seem to be equally in debt. We do need to begin some alternative methods of conservation of energy. Transportation does need to face some difficult choices. Our foolish use of water and energy have left us no choices.

[@Grace-o4n5i]

Informative and Interesting ✌️

[@lmf3880]

They probably stole all that gold. You know who I'm taking about.

[@danielhutchinson6604]

China found some in Tibet. Russia has plenty, as does South Africa and Brazil. India seems to have picked up a lot. The reality of the majority of Americans as well as Europeans incomes being small, results in their inability to buy Gold. So the project appears to be pointless for most Humans. Capitalism itself could be abandoned.

[@parvish6960]

Annh, wrong answer. ​@@danielhutchinson6604

[@kevinbey6516]

Facts

[@GuzzarAwan]

Juice u mean

[@bdavis7928]

The juice

[@terryparish7133]

Very good information

[@RaikeJansen]

Why should I buy gold if, in the end, the government WILL confiscate it under the threat of imprisonment?

[@skratchmyass]

How are they going to know you have it?

[@ekinteko]

Bullets made of gold 😂😂😂

[@allseeingotto2912]

Indeed , if they know you have it you are in danger

[@00vTv00]

USA cartel knows it is broke, they are using the wealth of individuals to buy gold with their own money. In essence, the government will go after all those who bought private gold and confiscate it to save the falling Ponzi US .gov., the will also make it impossible to cross borders with physical gold, like they have already done with bullion, except for US eagles, for now.

[@tumon1000]

Who’s says you have any?

[@johannakamstra-schickendan7380]

Great film hope more and more people will see it and open their eyes about what’s going on, I noticed more and more uneasy people around me but THEY DO NOT UNDERSTAND WHY. Educate yourself it’s all out there, books interviews ect.

[@Tipping-Point88]

I'm 49 and earn about £2M ($2.5M) per year and save about 30% in HYSA's. I've been reading a lot of articles mentioning how w0rthless 'cash savings' are in this current unstable economy. D0 you suggest I invst in real estate, stocks or Gold?

[@RobbStonee]

You should obviously consult a professional. However you have multiple options. 5% CD/Bond rates very low risk or buy equities and purchase puts for insurance Either way you win.

[@Chaser-o9h]

The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020 amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.

[@ashey-l3y]

I could really use the expertise of this advsors

[@Chaser-o9h]

Her name is ‘Marissa Lynn Babula’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@Armstrong741]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@peterschmidt1453]

Nobody foresaw zero interest rate policy, coordinated devaluation / currency printing between the major central banks has kept this going for 10 more years since this movie. Weaponising the Dollar against Russia seems to be the final straw, this resulted in the BRICS forming a new trading and monetary block outside of the USD and SWIFT, this will hurt eventually. 2025 may well be the end?.

[@DavidLockett-x4b]

There is more to life than making money.

[@huawei755]

No money No life

[@danielhutchinson6604]

Humans survived for thousands of years before Sumerians created Coins. The use of Capital to define Value, is a relatively short period in human existence, Capital as a measure of value has lasted 6,000 years. We may now see that social system end. It is only as good as the belief it creates. Humans like to eat.

[@danielhutchinson6604]

@@huawei755 Your assumption is not correct. As long as Empathy exists, Humans will help other Humans. do you care to debate my assumption?

[@huawei755]

@@danielhutchinson6604 Empathy doesn't exist in a Capitalist system. No money - you starve. Try to explain your humanist theory to a starving child in Africa instead. No money No life

[@oioier098hen]

You can live without money but it won't be enjoyable, you need money to live life to the full or at least make life worth living. We all need money for housing, medical, food, etc. Empathy isn't a currency and if nobody has any money, empathy isn't going to put that roof over your head or fix that broken bone etc.

[@SUPERPAIN]

Ever since the gold standard dropped, the price of the dollar is now determined by the market supply and demand and the faith of the government. And it’s getting worth less and less until it’s worth practically nothing.

[@TheUnojoe2]

Gold backed gains it foothold, then it switched to “energy” (oil) then we moved away from the oil dollar to a much uglier thing, and now we are being moved toward “data-backed dollar” based in actuality of data quality and quantity…in making the market move in the desired direction. It’s a new thing that is not well understood, and has a lot of kinks to be worked out.

[@TheUnojoe2]

Mostly the USD has been a faith based system for a while now. There has been (seemingly intentional) undermining of the faith in the dollar to “help” move the market toward the digital dollar system adoption.

[@danielhutchinson6604]

@@TheUnojoe2 The US Military has enforced Dollar supremacy for 20 years, after Treasury stopped supporting it. Even Digital Dollars need some support to prove a Value. Treasury sold their securities for 30 years in support of the Fiat Dollar. That worked as long as the Colonial system functioned to deliver buyers to purchase T-Notes. After the Saudi Guys abandoned the Fiat Currency, the system seems hollow? Are you easily misled, or are you attempting to mislead the conversation?

[@wealthyspaces1131]

I know where I was on that day-I was a kid and My Mum said OMG!! I thought something devastatin g had happened but she explained about the dollar off the gold standard. The meant nothing to me. Two weeks later she gave me a gold charm bracelet - she said as longas you have this you will always have money!!! This lesson combined with Michael Maloneys book came together timely to realise the truth about the financial system.

[@danielhutchinson6604]

Jim Rickards Death of Money, is another revealing Book. The discussions we had after class in 1970, led to discussions of how Capital could be manipulated. Now Humans who live in Nations where resources are more abundant that money, have begun to assemble groups to challenge the value of Currency with no physical support. That is the core of the BRICS Trade Association. We do need to maintain a clear opinion of Currency and the application of that currency? Understanding how the various currencies are manipulated, seems to help to make the conversation become clear.

[@faredhassan847]

Not diversifying foreign reserve will be an epic disaster for nations, especially the smaller ones

[@firmbutton6485]

I find this argument “fiat is not backed by anything” (same argument against bitcoin by the way), it’s backed by a whole ecosystem.

[@Caught_On_Camera_]

Like gold BTC is mined n there is a limit to it making it valuable

[@danielhutchinson6604]

@@Caught_On_Camera_ Electric demand has forced Miners from several Communities. Like Gold Miners at last Chance Gulch, the supplies are limited. Like US Trading facilities, the cost of doing business faces limitations. Will capitalism survive?

[@Caught_On_Camera_]

@@danielhutchinson6604 capitalism will only survive if we lived in a fair balanced world but we don't cause those who have money have an unfair advantage of using their capital to gain more capital which drives us closer and closer to the limitations whilst leaving the poor way behind

[@JeenDoe]

you find it what?

[@mistermac4]

EXACTLY what led to the fall of the Roman empire

[@65moonwalk]

The higher gold spot price ,the more the paper system erodes

[@danielhutchinson6604]

Value is now defined by resources. BRICS and Associates own the majority. They are now defining Economics.

[@vykis92]

I dont eat or fuck gold but my income increase 3 times in the last 10 years so god bless American economy

[@danielhutchinson6604]

@@vykis92 The Average American simply sinks farther into Debt. Your good fortune is an exception as the general economy deflates. The desire to continue to pour funds into the aggressive behavior of NATO, is bleeding western nations dry, while Asian Economy appears to prosper. You may need to look around as people become unable to buy gas and insurance to get to work? Paychecks do not appear to cover expenses from one paycheck to the next for around 65% of workers. Employees are becoming difficult to locate as the cost of housing exceeds the needs of Americans to cover expenses. You might need to consider your words more carefully?

[@timkunkel5431]

Nixon always get the blame (which is fine), but no one mentions FDR who made ownership of gold illegal, and LBJ who removed silver from the people's currency. This process has been generationally incremental, and no single person is to blame.

[@Robert-dn4yp]

Here comes Bitcoin and Crypto Currency.And I believe the United States is headed for a financial crisis. Worse than the Great Depression 😢

[@markvolker1145]

Ron Paul, the Fed slayer just announced that he will join the Trump administration! They are going to take down the FED!! VOTE VOTE VOTE!!!

[@looneyburgmusic]

The only way the world can ever go back on the Gold Standard is if private investor speculating is totally banned

[@charlesrobitaille9360]

Gold backed dollar did not stop the great depression! No matter what system there's always risks! No heaven on earth

[@ekinteko]

The Great Depression was actually a correction. Due to incompetence and corruption, the USA was cheating. They made more promises than they could deliver. The Gold Standard caused that to crash, but doing so actually protected the people. If the USD was fiat back then, there wouldn't have been a recession. People would not have known. And the problem would have gotten much worse and worse. Eventually the whole thing collapses. As they say; every lie incurs a debt to the truth. The longer and greater the lie, the stronger and larger the debt. It is straight 2x2=4 logic. The more our systems stray away from the truth, the more damage we will ultimately incur on ourselves. Or perhaps most of those who caused the damage may die before then, leaving our offspring to suffer instead. The sins of the mother, being paid by the blood of the sons.

[@thetruth9210]

all these people are still saying the same thing a decade later

[@mikeharkness3911]

If the BRICS organization threatens the dollar's reserve currency status by providing an alternative at some point that may trigger the dump the dollar panic.

[@danielhutchinson6604]

The use of currency to measure value now is impaled on the horns of dilemma. The Capitalist system faces a challenge to the exchange of currency for essential items. The Commies seem to have presented the Capitalists with a problem, they may not be able to afford to confront? Capitalists really hate it when that happens..... It has provoked some interesting conversations. We discussed the downfall of Capitalism after Economics Class in 1970. How far have we progressed since then?

[@ekinteko]

Before that panic happens, the elites will anticipate it in advance. And it won't happen. We will likely have some big global distraction. Otherwise we might see the USA join into an active war. Maybe a combination of things.

[@MarkyGoldstein]

Gold is also just a stone

[@courtcomposer]

🎉No money in the world is backed by gold.

[@retrospecative2454]

It's only backed by debt

[@oneofmany1087]

BRICS

[@TheUnojoe2]

There are a few “fiat” contracts backed by gold. But what good can that do if the system of trust is not solid…in a contract and the other party(s)? The market really does require trust that has drastically been undermined in recent history. I “trust” the banks to take my stuff if their boss/algorithm tells them to. I “trust” the government representatives will take my stuff if they over spend or are found wanting. But I don’t trust most of the market functionality to act responsibly when they have been entrusted *without effective accountability and *real repercussions. That’s why the housing market was manipulated in 2008. That led to the theft of the majority of private retirement accounts, without sufficient repercussions. Now we have a complete erosion of trust in governance from the “world currency base” backers… It’s a strong indicator for digital currency to “replace” (functionally) many of the underlying operations of the fiat, while the fiat may or may not remain in majority circulation.

[@danielhutchinson6604]

Putin suggested a re- introduction of Gold Backed Currency 20 years ago. The BRICS Guys have had time to accumulate Gold. India yesterday imported 100 tons of Gold. The use of Capital to define Value, now faces a challenge.

[@libertyordeath8351]

Totally Depressing, but True!

[@meganbliss]

Can't eat gold.

[@muktahmutabai9074]

Can't eat bucks either

[@raydemos1181]

that is why the uSA is better off that most countries since we have agriculture and oil and gas in this country, instead of he who has the gold makes the rules it is he who has the food that makes the rules

[@MiS_4n_THr0_pic_NiH_il.i5t]

But you can trade it for food because it has intrinsic value, always has and likely always will. People really like shiny things!

[@pohyeech]

Dollar is backed by nothing and neither is gold. It is just a piece of rock that a bunch of people think has value, ...no different than tulips.

[@danielhutchinson6604]

@@raydemos1181 Nickle is something that has become short on supplies recently. So the USA, now is becoming unable to process industrial Food output as Stainless Steel becomes expensive. Eve North Bay is shutting down..... Russia and Indonesia are #1 & #2. they both had trade representatives at this years BRICS Summit. US Agriculture is running low on Water, and fertilizer is produced in Russia. Russia has cheaper Gas and they can deliver. So the European Nations who now support the US GDP, may not last in our plans? I see they chop the U off for Your USA comments as well as mine. Censors are so cruel.....

[@hisoverlorduponhigh90]

Nixon was getting bad advice.

[@davidbaker5561]

This documentary is misleading. 97% of our money is in fact created by private banks in the process of making loans. The new money appears as deposits in bank accounts, but to all intensive purposes it is money. This is what is destroying the value of our money. As the vast majority of bank loans are extended for purchase of assets, it is the price of assets which inflate the most. This benefits those who own the most assets, ie the wealthiest in society. That’s why the vast majority of citizens feel & are poorer, whilst the wealthiest are getting richer.

[@MiS_4n_THr0_pic_NiH_il.i5t]

Your are forgetting the part where for all intents and purposes yes that "new" money is in the bank account, but the bank also has a "new" liability on the ledger worth that same amount, so it is net zero money creation. Fed money creation on the other hand is from thin air with no real world economic activity or asset to back it up, one keystroke and *poof* a trillion dollars now just exists with no labor expended, no assets bought or sold or material goods needed, just the full faith and credit of the government issuing it. That is one reason for the devaluing of the currency.

[@davidbaker5561]

@@MiS_4n_THr0_pic_NiH_il.i5t In the case of private banks, the new money is spent into the economy, so increases prices (causes inflation) the liability is not taken out of the economy until the loan is paid back. In the mean time asset prices increase, so more & more money is lent against those assets, meaning the money created by private banks just keeps on increasing, therefore reducing the value of our money.

[@davidbaker5561]

@@MiS_4n_THr0_pic_NiH_il.i5t In the case of private banks, the new money created is spent immediately into the economy increasing asset prices. The liability has no effect until the loan is repaid. In the meantime asset prices continue to increase, banks lend more & more money against them & so increase prices further, devaluing our money.

[@BradleyT2p2]

​@@MiS_4n_THr0_pic_NiH_il.i5t In double entry accounting, both sides zero out at the end of a loan however there was interest charged. To pay the interest, you must trade goods or labor. The loan originator (banksters) benefits from making up numbers out of thin air that require your labor to equal out. They literally made up some numbers and produced nothing - you were the productivity. Commercial banks create money via loans.

[@danielhutchinson6604]

@@MiS_4n_THr0_pic_NiH_il.i5t The US Congress created a major problem when they allowed Banks to buy Bonds. It seemed innocent at first, but when selling Bonds in a Hurry became difficult, we saw a half dozen Banks fail. Resources that are owned by Nations who no longer believe in Fiat Currency, challenge the Value of Fiat Currency. That appears to drown the idea of increasing value by adding Usury? the largest Religious Group on the planet forbids Usury. They appear to own resources. So the concept of usury as it applies to Moslem Nations, does not appear promising? Moslems are beginning to see the power their resources have.

[@timoshala8928]

Ladies and gentlemen, we've been screwed royally.

[@derrick9635]

Marry the class above you , its the only way out.

[@danielhutchinson6604]

A no Class method......

[@BVT323]

The worst day in history right there in the opening scene

[@laurawilliams713]

Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️

[@parkereric6397]

I'm 37 and have been looking for ways to be successful, please how??

[@laurawilliams713]

Sure, the investment-advisor that guides me is..

[@laurawilliams713]

Mrs Kathy lien

[@CharlesDLuckey]

Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!

[@kathyfrederick7172]

😱Sounds familiar, I have heard her name on several occasions.. and both her success stories in the wall Street journal!

[@firmbutton6485]

Some great points made. 17m 25m too. We have bitcoin now. Would love to see this remade.

[@danielhutchinson6604]

Even the digital dollars need a form of support.

[@The_Conspiracy_Analyst]

"muh money is worthless" Ok give me all yours then

[@huawei755]

☝️This

[@kristinningiorarinsson733]

What has gotten countries and the world eventually economic depression and hyperinflation?

[@Damncars456]

I am an active Navy captain and have been investing for a few years. I have reached a point where I could benefit from financial advice to improve my $160,000 portfolio, which seems to be stagnant, and to maximize the return on my investments.

[@DreamweaverShade-h9p]

You didn't provide detailed information about your portfolio makeup. However, I recommend seeking guidance from a financial advisor for a well-informed portfolio restructuring.

[@MakeamericaGreatagain-h7j]

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 fiduciary financial advisor to guide you, that’s what works for my wife and I. It's been 6 years now and we've grown our portfolio to $1m.

[@Tsunaniis-j5l]

Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and i am interested in investing in stocks.

[@MakeamericaGreatagain-h7j]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Elise Robinson for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@PhoenixReborn-v6v]

She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

[@occidelindaest]

One word... Wallstreet

[@richardsu9640]

In Indonesia we call it “GALI LUBANG TUTUP LUBANG”. This process is processed by Looses

[@mohamedrafrafi790]

We are doomed

[@graywz]

"time to get off currency and onto money" real money, either gold or bitcoin. For sure.

[@Micfri300]

Bitcoin isn't real money.

[@Robert-dn4yp]

It's happening now in 2024

[@laszlocsorba5753]

Juz ruin the world. Henry Ford: lnternational Jew

[@peterdauda3351]

In England we call it Quantitative Easing.

[@Paul-e9x4h]

Relaksasi dalam lalu lintas keuangan terkadang menghasilkan nilai yang paling ekstreem pada periode periode tertentu sama halnya dengan intensitas curah hujan . Namun format format manajemen keuangan pre entif masih banyak yang bisa dipakai untuk merebalancing

[@danielhutchinson6604]

The USA now is faced with the fact that they consumed their domestic supplies of resources. They do not enjoy the fact that respect is due to other Nations. We all need to understand that Capitalism is a mere social system. Humans can live without it.

[@etienned.840]

Since I bought my first gold coin, its price increased FIVE fold ...

[@F15CEAGLE1]

Can't eat it or take it with you.

[@etienned.840]

@F15CEAGLE1 I suggest you read FerFAL's books.

[@lejitthewastelandprince8550]

I would even go as far as saying people are waking up but feel what can we do?

[@ekinteko]

As they say; every lie incurs a debt to the truth. The longer and greater the lie, the stronger and larger the debt. It is straight 2x2=4 logic. The more our systems stray away from the truth or reality, the more damage we will ultimately incur on ourselves. Or perhaps most of those who caused the damage may die before then, leaving our offspring to suffer instead. The sins of the mother, being paid by the blood of the sons.

[@keepcalmandenjoythedecline]

This worked out for that Maloony guy. The whole ad is just like a documentary for his business. 😉 Loved the "The Office (US)" outro at the end. Somewhere in the middle, the editing was a bit weird, and I noticed a very obvious bad cut. I give it 80%. 👍😄

[@keepcalmandenjoythedecline]

*worked out great

[@deebois5541]

This video was good until the ending!! To trust that the government will end up doing the right thing when ish hits the fan. I don't trust them at all!!!

[@matakitaki1]

This stuff isn't so relative today as economic theory develops. Govts should have the right to print free money and not loan, that is the purpose of Govt. The issue is the loan not the currency, sure your economy backs value regardless if loaned or printed.

[@TruckStopLayby]

and now for BRICS...

[@marcom2248]

Gold always holds the same value. The FIAT money loses its value constantly. That's called inflation.

[@briseboy]

I still save some. Just against the FACT that gold is not even worth filling your cavities any more.

[@TheFoxOfThredneedleStreet]

We've taken energy from the fututre. Even those who were to be born tommow are here today. We have sped up our existence and so also our demise. All at once we were until we are not. Next comes the lul. Where only a few will exist for a long time until the balance returns.

[@bummers]

US need to learn from Singapore gov on how to charge S$100k+ for a license to own a car for 10 years, and how to have 99yr public housing apartment lease resell for S$1m+. We always have budget surplus. Oh, and did I mention our profitable public transport?

[@danielhutchinson6604]

Capital needs the majority of Humans to believe in it. That belief is fading.

[@TheMountainClimbBoardGame]

Correction at 18:15 "because of introducing feminism in the 70s the wife went to work"

[@danielhutchinson6604]

Now we send the Kids back to the Coal Breakers?

[@Smoresthecat-t4r]

High school education wasn’t good in school I tried hard barely past .. I’m retired 44 body is torn up for hard labor jobs .. there are only two classes of people working class and capitalist..me and wife have multiple homes and retirement accounts..having a net worth of over a million is living tight I know ..minus food clothing, my monthly bills are only 1500 … my monthly pay 2300.. my net worth exploded in the last 5 years ..

[@space.youtube]

23:34 Guy blames "welfare, medical benefits, more state control and regulation (really lol) and more money being created and pumped into the society", but no mention of corporate welfare, military spending and foreign aid to vassal states so they can fight the proxy wars needed to maintain global hegemony? Not sure he's being completely honest when he blames those who are being exploited instead of those doing the exploiting? 🤔 Also, interesting how well represented fintech is in this documentary? It's like asking the fox with the full belly what happened to all the chickens, and what should be done about it.

[@bossdog1480]

Think of the money supply like a seesaw. On one side you have pensions, unemployment, and government spending in general. On the other side you have businesses, and workers paying tax. As long as business can generate income and pay taxes and workers can remain employed and pay taxes the seesaw can remain balanced. Once the government spends more than it takes in you have the problem we have now. Not balancing the budget and printing money is NOT the answer.

[@danielhutchinson6604]

The ability to purchase resources that enable industrial production and feed a positive GDP, now are challenged by the Nations with the most resources. Not a SeeSaw, a branch on the side of a financial cliff, with a Coyote holding the stick.

[@panos695]

Seems like propaganda documentary for buying gold.

[@DavidStanleymusic]

when gold is high enough and it will be very high then stability will be resumed

[@DougDeYoung-gt4id]

Same shit different decade. It's a record that has reached its end and skips back a little and plays the last verse again. The last note is the bank note 😂