The global economy is a pyramid scheme | End of the Road (full documentary)

[@markomarjanovic8348]

To all my US friends, Serbia went through the Hyperinflation, let me paint a picture of what to expect if that was to happen. You receive a pay check at 9AM, lets say $1000. A loaf of bread is $10. By the time you finish work that day, that same bread is already $50. I kid you not. Litterary like that. If you have a place on the countryside where you can be as self sufficient as you can, that is the best bet. If you dont, think of the ways where you can make your self as self sustainable as possible. Just to survive. Another thing, if you dont have your own place, this is a serious issue. At least most of us own our own homes in Serbia, i cant possibly imagine what would mean if you need to pay a rent every month. Its not possible. You got to think about that now, just so that you can survive. All the best from across the pond.

[@bubbajones4522]

I witnessed this in Venezuela. That's why I own silver and gold.

[@Novastar.SaberCombat]

The bottom line is very straightforward and simple: if you ain't rich, then *you are NOTHING.* Absolutely meaningless; worthless; a nothing-burger. And it's best if you recognize and acknowledge that you're part of the 99%, not the 1%. If you were part of the one percent, you would NOT be here on KZbin. 😂

[@kenlen8029]

@@Novastar.SaberCombat Thanks for letting everyone know how you feel about yourself and them.

[@thalisbn]

​@@Novastar.SaberCombatYes, we are important as a group (just like rich people are when they band together)! You just have to be brave enough to demand change or suffer in situations you don't like. But I'm sure there are thousands of other outraged people who will fight for change.

[@Bloodroot5]

​You forget we feed these billionaires their meals everyday. We turn on the computers in the morning. They need us. Many kings have had their food tampered with. The guards watch the castle walls. The guards allow the kings to live. We have more control than you want to admit. ​@@Novastar.SaberCombat

[@lonesom]

In the 1950's, a person pumping gas for a living could afford to buy a HOUSE!!!

[@AlexandreBroering]

the world has doubled its population from 1970 to 2022

[@Leland-du1xf]

yeah....and a house was a few grand. inflation was still not rampant, still had gold standard, post war economy, took two decades to get the gold then theyve bled middle america for the next 40 yrs till its gone...nothing left to steal

[@danachuka]

World Population in 1950 = 2.56 Billion World Population now = 8.2 billion Divide 8.2/2.56 = 3.2x. So population is now 3.2x what it was in 1950

[@lonesom]

@@Leland-du1xf Bitcoin will reimburse that and stop the theft.

[@speedwagon7562]

… I don’t think so…

[@marcdc6809]

Nixon calling people who want their gold 'the speculators', that's comedy gold.

[@BollySports24]

😂😂😂😂😂 Don’t know what he’s thinking

[@cheaplaughkennedy2318]

😂👌

[@federalreservewolflegend3523]

I just posted that cuz 30 seconds in is my favorite quote of all time to show criminal activity. WHAT speculators, Mr. Nixon? WHERE do these bad guys live? Can't we just send out the military or goon squads like we do for EVERYTHING? Are they as big as Russia or China? WHY refuse to surrender to 1.5 billion in China, but you surrendered the nation's currency itself to a little group of maybe 3000 short men tied to ANOTHER nation I am not "allowed" to even mention? Pure gold

[@AfriscopeTV]

PROJECTION!

[@edwardallan197]

Those who control language can manufacture reality. Until actual reality overtakes.

[@DonDestiny-n1q]

This is the single most important video on KZbin

[@fastestRaceIst]

yet u donw any bitcoin, shame on you

[@slapshotbigmac822]

When the last fish is caught, the last tree is cut , and the last river poisoned. Only then will we realize , we can’t eat money 💵💵💵

[@taiteakopyte1504]

Exactly. What is money in abundance compared to absence of resources and products?....

[@robertedge6902]

Without money today’s society collapses. You can worry about the last fish,tree, or the purity of the river but the failure of sound money spells the death of us all. Money can destroy us or heal us. Money is the strength or weakness of our world. It is the exchange of our labor. Without it we return to a primitive state.

[@MCSantani]

We also cant eat gold…

[@0Turbox]

You are probably the first who can't get your hands on these things.

[@0Turbox]

@@MCSantani Sure, but the one with more fish as he can eat, will share with the one who has the gold.

[@jeffreymarshall4572]

We’ve been AVERAGING nearly $2 trillion annual deficits since 2008. This is debt Ponzi scheme madness!

[@sixfigureskibum]

Ron reagan created deficit spending. Bush sr put it on steroids. Real information

[@legatilegions8055]

what`? do you even know how the economy works, becuase the makers of this documentary dont

[@nicklll4477]

@@legatilegions8055 and I bet you don't know how the economy works either without the govt telling you fake numbers otherwise.

[@danielhutchinson6604]

@@nicklll4477 So work it out for yourselves? Fiat Currency needs some type of support, so they sold T-Notes as a form of security. That worked for 30 years. That system was replaced by military threats in the early 2000's. Now the military threats no longer seem to be working? The Dollar is a Zombie.

[@garybacher236]

We a going another trillion in debt every 90 days

[@RobbieNixon-d1w]

The high inflation is a significant reason why most retirees have sleepless nights. The increase in prices of everyday items puts them at risk of running out of money. As prices rise, the amount of money retirees can withdraw from their retirement savings also increases.

[@Ji-Min-j7b]

Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.

[@PatrickLloyd-]

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

[@PhilipDunk]

@@PatrickLloyd- any recommendations for advisory service in regards to building my portfolio? I don't really know where to start

[@PatrickLloyd-]

I've stuck with SOPHIE LYNN CARRABUS since the pandemic, and her performance has been consistently impressive. She’s quite known in her field with over two decades of experience, simply look her up.

[@PhilipDunk]

Benevolence, this reference seems valid.. Just inputted her full name on my browser and found her site without sweat, 15 years of experience is certainly striking! very much appreciate it

[@nyreggie-isb23]

The worst part is the people working hardest are getting the least remuneration for their efforts and then shamed in the media for not taking more hours, more work despite the poverty wages. 40% of people in work need state support. That’s a reflection of greed not poor work ethics by working people. This is being done by design, by greed.

[@face2lune]

If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you, prevent inflation from eroding your savings, build generational wealth, and cultivate good habits and financial knowledge, you must be in the market.

[@coolben854]

I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate and stocks.

[@mnthunder]

I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?

[@nyreggie-isb23]

I've always delegated my investment decisions to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.

[@mnthunder]

I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

[@kriskringle3164]

I saw a bum on the side of the road with a cardboard sign that said, 'dont give me cash, it's Fiat currency'. 😂

[@GG-mr9iz]

That so called bum is probably smarter than 95% of the total world population 🌎

[@AugustusOmega]

it has inflated beyond your ability to control up to 98% in the last 100 years,,,and we work for it? sweat for it, toil for it and each year they freely print more and more of it diluting its value. What a cucks instrument of deceit

[@unofficialmar]

he rather have some crypto

[@yeetboi268]

Is USD truly a fiat currency? It's backed by US military supremacy.

[@BobbyHickey]

A bum? People like you have no idea how close you are to becoming a bum. Shame on you.

[@TCBBB22]

In 2008 I was in school working part time waiting tables. I really felt the recession nobody was going out to eat. Today's economy seems even worse.

[@metodinedev4983]

Today is the exact opposite - everybody spends lots of money, but not their own money, cuz it's all loans

[@mccoyji]

Dunno abooot that, restaurants are packed AF!!! Doom Spending by Boomers, who know the jig is up? 🤔🤔

[@katrinaumana2127]

I'd rather cook our food at home our 3 kids help cook. We even make our own pizza so 😊 we save money & are safe at home.

[@sophiasometimes9818]

@@mccoyjicredit cards

[@teachweb69]

Or sometimes I think that people are swapping their spending from holidays and more expensive. Big ticket items to things like meals. In my hometown it seems like hardly anybody goes on a family holiday outside the UK anymore. It's just become so expensive to go everywhere.​@@mccoyji

[@LolkeDijkstra]

We all remember Libya's Gold Dinar and what happened to Gadafi and Libya.

[@zeissiez]

And Saddam too

[@pololikikuju]

what most really can't see is WHO is really DOING this and WHO is "they"... And that's the reason why all of this is happening to us. Do you know who "they" are? Starts with a j - vvs

[@synth1002]

now we have fentanyl backed dollar in the u.s., deserved :))

[@leprechaun7667]

Grey hats

[@PlacidSolar]

The money changers

[@EdeWiemann]

In Germany my grandma was born in 1908 explained me one thing, I will never forget. It was 1979 and I was a child. She said:"There is one thing about money I have to explain to you". She showed me a 1 Trillion Reichsmark from 1924 in one hand. And I was very impressed and told her, that she is unbelieveable rich. No, she said, but it is to difficult to understand at your age. But there is one thing which you should never forget. If you switch the TV on and and anyone speaks about trillions of Deutsche Mark, you need this. She opened her second hand. This was the first time a saw an ounce of gold. Thanks grandma❤

[@GlennRobert-ix6dj]

Parents bought their home in 1958 for $ 12,000 . Sold it for $ 360,000 in 2021 . Now on Zillow for $ 474,700. Same house . Dollar is buying less until it will not buy anything- Soooooon !

[@reidwallace4258]

Sure that doesn't have anything to do with 50 years of realestate being propped up explicitly so that an entire generation could retire more easily? This isn't caused by the fuckin fiat currancy, its been caused by decades of NIMBY bullshit, stupid as shit zoning laws, and wage stagnation, all fueled by realestate investment. A gold standard wouldn't have changed sweet fuck all about the housing market, its fucked because we don't build enough homes of the kind people can actually afford, thus renters are forced to pay insane rents, justifying releastate investment groups buying up housing to turn into rental units. Those same investment groups own the companies that buy land and build houses, and control city governments to decide what gets built where, and will NEVER allow enough homes to be built to devalue their holdings.

[@tdkz72]

Yes, the reset is inevitable ..... not a matter of if but rather when. I have no idea what that means, but we will soon find out.

[@valerieprice1745]

When you consider the age of the house, you realize it's much worse than anybody understands. On top of that, men earned higher wages in the 1970s than they do now. Our neighbor made $17 per hour, driving delivery truck for Lay's potato chips in 1973. Now, those same drivers make little more than that.

[@NorthStarPNW]

​@@valerieprice1745 Are you saying that old houses are worse than new? Old houses have better locations, views, lot sizes, construction materials and techniques. If they've been maintained and updated, they're far better than the slap-dash homes built today.

[@ey67]

Just print more useless paper. Problem solved by wall street casinos.

[@jamesscott479]

We took advantage of so many small countries. Cheap labor for so many years. It's coming back to bite us now. We got lazy and fat.

[@lega78]

True that.

[@jose280714]

yeah... ,my 600-lb pound life ... says it all! Check mate! =)

[@adammorra3813]

@@jose280714ozempic will save us

[@KevinTheStallion637]

No it’s not… we haven’t even begun to tap into cheap labor pools of other countries.

[@mymediatube460]

Cheap labor, blood money to force third-world countries into submission, charging exorbitant fees for visa appointments that last only a few minutes, only to deny them, even when all requirements are met. And that is just the surface.

[@goldengriffon]

Announcing they would no longer honor the conversion of dollars into gold was essentially a declaration of theft of all the world's gold. At that very moment, other countries should have launched battle fleets to the US coast, demanding at gunpoint the gold be loaded on ship for safe recovery to its owners' countries.

[@nurburgringkid]

But it didn't happen because the US had the strongest navy and air force in the world, hence the fiat money.

[@JohnHall]

Just...dumb...[Insert Billy Madison quote here]

[@Books-j9m]

​@@JohnHallplz tell me , what did he say

[@Books-j9m]

Great comment.

[@danieltoledo9383]

Spain sent a naval escort with their demand of gold.

[@edgarromerogarcia]

¡Gracias!

[@mitesh8utube]

I get it. Super rich are innocent. It's everybody else's fault.

[@jonnyincognito899]

...and responsibility to pay for it all.

[@truckercowboyed2638]

Well personal responsibility is lost in this country we're told to hate the rich...but are you willing to put in effort to become rich yourself??

[@mitesh8utube]

@@truckercowboyed2638 Are you saying choice is between becoming rich myself and exploit others or don't become rich and get exploited? BTW, I can guarantee you that I alone have studied more and worked harder than All super rich of America combined. I'm willing to prove it. Working hard or being great at what you do doesn't make money.

[@truckercowboyed2638]

The rich didn't cause us to go off gold or cause inflation the government did

[@RustyShackleford-u4r]

@@truckercowboyed2638 get rich or die trying...isn't that a rap lyric? 😁 That's the system we are in though, print or die.

[@rubyvolt]

This tells you how we got to where we are. May humanity learn that “money” can NEVER be controlled by a few. This will be removed soon.

[@dodisblues]

The privileged minority, endowed with wealth, power, and health, exercise control over the masses. Their passing may result in widespread turmoil, yet it holds no significance to them, as they have already attained all they desire. Their indifference stems from their acquisition of everything.

[@rubyvolt]

@@dodisblues Monopoly. The "game" that brainwashed generations into thinking that is how it is supposed to be.

[@Forest-k8u]

👌as we ascend into another golden age, decentralised finance will begin to restore power back to the people. Invest in the right digital assets, get as many cold storage wallets/&accounts on each network as you can in preparation. Each one will allow you to become your own bank. Of course buy physical gold/silver too, but research the cryptos that are solving these problems we face, buy what you can and have patience, the switch is coming soon✌️🧙🏽‍♂️🦅👽💫❤️

[@Anees-]

​@Forest-k8u😉♥️

[@RandoRaf]

@Forest-k8u Agreed! i have began this myself. Keep nothing in USD. Move all money into assets.

[@markwriter2698]

In the early sixties an average house cost 11k. Today, a new truck can cost 80k. That’s from a devalued dollar. Our money is becoming worthless.

[@JahRootsRadio]

Can’t even get a good nights sleep in that $80k truck but it comes with heated seats so…🤣

[@clonehunterz]

and said house is now worth 1million. i could get a truck for that :]

[@marthajones7236]

Strike " becoming ".

[@smolceo]

It‘s not becoming worthless, I study business and all you need to do is save your money. The banks are affected by inflation and therefore nominal interest rates increases. In the shortrun prices may rise due to sticky wage and sticky price but on the long run if you had saved your money in the banks and not hold it in cash it would also grow. Therefore the real value of the dollar hasn‘t changed. Example if you could buy a pizza with 5 bucks back then. In 10 years it costs now 10 bucks. If you had saved your money before 10 years the compounding interest rates on that money would have made you richer/wealthier than you were back then and therefore you can afford the 10 bucks pizza now. Value hasn‘t changed really. Easy you just have to trust the government. And the government also won‘t fail to deliver. The ponzi scheme will go on forever

[@dracula293]

⁠@@smolceoyou are naive if your solution is “just trust the government”

[@jasonbrunch9124]

Im only 15mins into this documentary and its finally making sense of concepts ive struggled with for a while now. Great watch so far!

[@tiffanygoss9380]

Except this video doesn’t explain why yellow shiny rocks are valuable…I mean rocks/paper…neither create value

[@neilo4493]

@@tiffanygoss9380 Difficult to mine, needs proof of work to create and trade for. I’d say it’s not the very best option in 2025 tho..

[@JimmyEscajeda]

This documentary makes clear the reason world governments actually want to decrease their citizens populations by finding unique ways of slowing population growth or even mass poisoning etc. Think about it. Makes sense doesn’t it?

[@MegaShirra]

@@tiffanygoss9380 Gold is a scarce finite resource which gives it value. Have you tried googling "why is gold valuable"? or "why was paper money invented"? if nothing had value, then you'd have...nothing. No one would have anything, we'd all be sitting twiddling our thumbs because nothing has value, we'd have nothing to buy food but no one is making food anyway because it has no value lmao.

[@khunden]

to think it came out 12 years ago

[@mikeklement7223]

As of November 2024, the U.S. national debt is $36 trillion, crazy what another decade has done since this film was made.

[@bopndop2347]

Can you explain to me how that debt negatively affects the US? Can you explain to me how national debt can be equated to household debt?

[@nttilley]

Inflation

[@curtissill1389]

That is not our debt, it's the amount of money that the banks have not paid back. As they (government cartel) have been bankrupt after each CEO (President) acting as our government and can't be sued , they want us to pay it. SORRY that is not how this works. Now DT is going to try the same thing, this time White House Inc at the helm, they received $700 trillion to disburse to us, has he mentioned anything about this???

[@AndrewOkus]

Thank the Democrats.

[@jackgrimes-wl8fb]

@@bopndop2347 If a club (golf club, hiking club etc.) with 50 members is in debt, every member of that club owes 1/50th of that debt. If the club takes on more debt, each member will owe 1/50th of the extra debt - and so on, until the club becomes bankrupt, and is dissolved.

[@kortyEdna825]

The US economy cannot survive without continuous credit and debt creation. The FED will print more money and the average American will go just that much further in debt. Meanwhile, foreigners lust for the greenback. Their economies are in worse condition than the US... if that's even possible. Someone is going to be left holding the bag...

[@GurinderKaurHehar-xy09]

Gold might crash in a liquidity crunch, but many precious metal holders are prepared for this and unlikely to be forced sellers. The paper market would tank and possibly collapse. Hearing from an experienced investor who has overcome adversity is motivating. It can be scary when your portfolio turns red, but if you've invested in strong companies, stick to your goals and continue growing them

[@carssimplified2195]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

[@Justinmeyer1000]

impressive gains! how can I get your advisor please, if you don’t mind me asking? I could really use a help as of now

[@carssimplified2195]

My fiduciary is ‘’Aileen Gertrude Tippy’’ Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@Justinmeyer1000]

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

[@Sisyphus_Must_Game.-tf3bq]

The lesson to learn from this is, currency is not wealth. Wealth is wealth. Get a land, start farming.

[@cameronfateweaver2206]

Ah yes, the white person's strategy - take land that's not yours and farm it. Total nonsense.

[@level70elf]

get a land start farming okay boss right ahead

[@anonymous_bot_bot]

They want to stop this too. We got lucky and bought some land in Eastern Europe and doing stuff we could never afford to do in the UK. This is still a gamble, they can hit us with rules and taxes. But its a gamble we were lucky to be in a position to take. WEF controls eastern Europe, if people decide to prosper here in big numbers they will come and mess it all up.

[@Sisyphus_Must_Game.-tf3bq]

@@anonymous_bot_bot maybe this is why Russia is so hell bent on keeping NATO out of Ukraine.

[@rodrigovanucio979]

Yes!

[@bundleofperceptions1397]

December 23, 1913 was a much more important date in economic history, and was directly responsible for what happened on August 15th 1971. The 2008 "crash" was the largest bank heist in world history, the crimes were disguised as an economic meltdown.

[@bopndop2347]

The shame is that none of those banksters and friends have to ever worry about what they are going to eat that night

[@devinfreeman4540]

Bingo, it all ties back to the 🧃

[@annonymoushuman25]

Probably why a certain german hated juice

[@hilpha]

@@bopndop2347 I personally know a parent of my kid's classmate who's in his 50s and he retired soon after the collapse of Lehman Brothers (he was a banker there up to the date of its demise). He has paid off multiple homes and vacation homes in multiple cities in Asia and does nothing nowadays but hit the gym and play golf with his banker buddies everyday, while I work my ass off to stay afloat.

[@annonymoushuman25]

@@bundleofperceptions1397 yes bc the fed regulations or lack thereof allowed the entire world to be turned into their own private casinos

[@Richard-zg9kp]

You will own nothing and be happy..

[@essential.technology]

And sleep at Walmart's parking lots 😅

[@wagyu_killer]

nomad life vanlife cheap

[@waltdill927]

@@essential.technology I prefer graveyards

[@lavoieeric]

You will own nothing and finish begging in the street , I don't know how that could makes me happy.

[@EEKmusic]

like owning things made you happy in the first place. thats the trick.

[@Hotoska]

The American economy is basically some dude pointing a gun to your head telling you his paper is very valuable and that you should use it.

[@daryn8638]

So-called parents, so-called Teachers, so-called Authorities simply tell innocent & helpless children what life is, even though they all have it wrong & refuse to stop, even when told to stop.

[@cw5948]

Most economies use fiat currencies.

[@MarthaTorres-gu7vd]

Fiat is global now buddy. Communist China started this fiat scam.

[@daryn8638]

It is all a scam that spans the entire globe. A scam that you and the majority are too harmed and worse to end for an actual reasonable way of life.

[@didididiah]

This too is coming to an end with Brics adding new members. They are nearing half the world population. If or when they stop trading in dollars. It's Game over.

[@ShannonHoughton-p3x]

The decline in manufacturing jobs in the US over the past decade has been a huge factor. As companies moved production overseas, the US economy lost millions of well-paying jobs

[@celiaferreira2028]

It's like it bit it's tail. You tax high. They move over seas. Now that $ circulates in their economies. Imagine with AI into this scheme?

[@blumenbeet92]

But Service Jobs are so much better, they are not paid well, but you can ask for a tip

[@Tactical_DZ]

The entire U.S. population should watch this video.

[@flinch622]

And note that the Fed abandoning M3 in 2005 was the mother of all red flags. And with that, the old Misery Index that helped bury Carters re-election is no more - no data left to recreate a number.

[@MrJoeDone]

they need proper macroeconomic education first to understand all the misinformation and framing tricks used in this video

[@eveblot4195]

and take away that the billionaires funding this video want us to go back to a gold standard so they can have even more control over us.

[@Holden-McGroin]

@@MrJoeDone Please elaborate.

[@leeturnbull2082]

Also watch Zietgiest about modern money mechanics

[@Tajmaj]

I thought was a newer documentary lol its 12 years old!!!! craziness.

[@elizabeth555johnson]

Exactly. This documentary didn’t predict anything and therefore is garbage.

[@michaeldob9526]

Peter Shiff has been predicting a global collapse for 2 decades.

[@wladwlad6367]

​@@elizabeth555johnsonIf economists had access to the truth, they could make fortunes, not just participate in discussions."

[@Ser3456]

@@elizabeth555johnsonDid documentary make any claim that its predictions will happen in 12 years?

[@toastman8382]

@@elizabeth555johnson Yeah, especially when they talked about increasing inflation, it's totaly non-existent... smh

[@ClarkeGriffiny7]

Stability is a result of our economy's struggles with uncertainty, housing issues, foreclosures, global volatility, and the pandemic's consequences. To restore stability and promote growth, all sectors must respond quickly to concerns about growing inflation, slow growth, and trade disruptions.

[@sharonwinson-m8g]

Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.

[@RaymondKeen.]

Having an investment advisor is currently the best way to approach the stock market. I was going alone, but it wasn't working. I've been working with an advisor for a while now, and last year, I achieved over 85% capital growth minus dividends

[@SandraDave.]

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?

[@RaymondKeen.]

Finding financial advisors like Lisa Grace Myer who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@Hectorkante]

I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

[@LeCheeseMaster]

At 6:23 the debt is shown as $14.2T. Now it's at $36.3T. I wonder how much longer the charade will go on for.

[@markkraakman1427]

Its amazing how they can let it go without collapsing

[@garrymcdougall9481]

You forget that people are OWED that amount and stand to gain.

[@georgythomas8451]

​​@@garrymcdougall9481That debt is not owed to the people. The people owe to the lenders - which are mainly other countries, billionaires and big investors who buy the Dollar Bonds issued by the US govt. When they say the Govt. Owes the money, it means you the citizen owes it to the lenders. You are the borrower

[@West2East4]

It's actually $42T+ on 1/11/2025

[@duewhit310]

Once everybody is addicted to gambling, a wizard turns them into donkeys. They are rounded up into crates and shipped out to countries the US is indebted to.

[@mani4263]

What an eye-opening documentary. Thanks for sharing.

[@garrymcdougall9481]

It wad rubbish from start to finish.

[@In3xorable]

They didn't name the responsible party.

[@DaytonLee-c1k]

I watched entire documentary and I can tell you that this document is right mostly; however, gold is not the savior in financial world. My parents are Vietnamese and we lived through Vietnam war with a very harsh life after US abandoned South Vietnam. 1 kg of gold back then can't even buy a bag of rice. It would be the same if you are in a desert and very thirsty. No matter how much gold you have, you can't even buy any water in a desert.

[@margok904]

True,You are very wise person.🙏

[@clonehunterz]

go long on water is what youre saying, got it :D

[@jackgrimes-wl8fb]

@@clonehunterz 🤣

[@danielpye7738]

In practical terms you are correct. What is gold worth when it’s as stagnant as water and doesn’t quench a thirst. I always regarded land as the real currency. And because governments control a lot of it the value of course has rocketed worldwide. It can attach an array of taxation against it.

[@MuzzieB]

What is the real worth of a bag of rice? -It is worth whatever someone is willing to pay, whether that be a kilogram of gold or more.

[@NancyFranciss]

Man, this documentary really hits hard! The global economy as a pyramid scheme? I mean, I’ve saved up $157k in my emergency fund and finally feel ready to dip my toes into investing-but now I’m wondering if I’m just feeding into the beast. Anyone else feel like they need a cheat sheet for this whole game? 😅

[@claireNymans]

Interesting take, but hey, don’t let this doc scare you off! I was in the same boat a few years ago, and trust me, having a financial advisor made all the difference. They helped me sort through the noise and create a solid strategy. Maybe that could give you the headstart you're looking for?

[@CharlotteJacobsons]

You’re both right-this whole investing thing is overwhelming! I’ve been sitting on my own savings, thinking about getting an advisor, but I have no clue where to even find one. Any tips? Recommendations? Help a fellow confused investor out!

[@claireNymans]

There are a handful of CFAs out there. I’ve experimented with a few over the years, but I’ve stuck with Linda Aretha Reeves for some time now, and her performance has been consistently impressive. She’s well-known in her field-look her up!

[@NancyFranciss]

Just looked up Linda Aretha Reeves, and wow, she seems like exactly what I needed to finally take control of my investments. Thanks for the recommendation!

[@SilvesterMiles-y4j]

I remember watching Linda Aretha Reeves at the Bloomberg Finance Summit a few years back-her presentation was brilliant! Definitely someone who knows her stuff. Good luck, folks!

[@wiggidymig1335]

Did i juat watch an infomercial for gold disguised as a documentary? Yes.

[@baddestjoanna-michellesmit5578]

😂

[@張君好]

Yes, you are correct. But, it won't hurt to put a small portion of your wealth in gold just in case they are right😁

[@viceverse11]

Gold and Silver always return to the forefront. It’s been a 5000 year old truth.

[@Amazonian11]

Technically, yes, but also technically, it is a documentary that is based on true things.

[@kidsgrove-spider8405]

I heard gold has gone up and the rich have bought most of the gold. Silver us going to go up to

[@PatTube99]

Not one person said to END THE FED. The problem is the Federal Reserve

[@jaegerschtulmann]

exactly!

[@strawdemindset]

How so? The fed prints money based on orders from the government treasury

[@Angry-Books]

They probably didn’t mention it because it’s likely impossible. The Federal Reserve and the government are interlaced so deeply that you can’t end one without the other. They say buy gold because it’s the only practical thing an individual can do as of now. That’s just my two cents, excuse me three cents (inflation).

[@whyalwaysme2522]

I said it.

[@MomentswithDavid]

It’s Congress

[@t60njw]

They should be showing this in schools!!!

[@libsrthecause]

lol! That's right, but that requires the federal government be out of our schools and elimination of the education department! Just listen to the masses when that is suggested. The school is where they indicate our youths so they will never allow that and thus never see this or Milton!

[@unofficialmar]

& then teachers lose their jobs

[@michelleelsom6827]

Probably the last thing governments want folks educated on

[@TheLettersJaye]

​@@unofficialmar 😂 yup, teachers have to keep teaching kids to go into debt pursuing a college degree because you're a loser otherwise.

[@IB4UUB4ME]

Exactly

[@kevinc8955]

It’s actually ingenious. It makes it to where a) nobody will ever attack us directly because then nobody gets paid back and b) nobody will ever cut off the loans to us.

[@lJUSTwanaCOMMENT]

The title is funny because I've been saying exactly that for over 20 years. Only difference is, now no one thinks i'm crazy.

[@SIMARJEETMEHTA]

And in another 20 years. you'll be dead and gone before anything actually happens.

[@ethanniedorowski116]

To much money is bad the rich are just doing everyone a favor

[@barrywayne569]

You’re not crazy but, if you didn’t financially benefit from the knowledge you like to be so proud and self proclamation, then in someway, you are crazy and foolish. so I hope you financially benefited extremely well from all of your insight. Again, if you did not then your insight is useless, even if you’re correct.

[@billgates-qi9st]

Yep, same here.

[@realworkoutsforrealpeople5041]

Same same.

[@FishingFettish]

I am just glad that people in general are starting to understand what's really going on

[@MrJoeDone]

you think so? I don't see many comments here, that understand the tricks used here in this video for misinformation and false framing

[@zackcarty4790]

I swear it seems that it's difficult to discern whats going on, but I think the wealthy are getting us poor to pay for our death, which will get u somewhere u wouldn't want to be... unless this is it, which is really depressing. I saw my wife go into heaven with a smile on her face, right after I had seen the most ghastly look on her face ever! Something happens, I dont know what. I SAW her on a brown furry blanket with a cherub on each corner with her looking down smiling. She looked as beautiful as ever and now, since I had the wreck I FEEL her on my right side. I guess she is now my right hand gal!

[@henrlima87]

Not that it will do us any good, but, hey! at least people understand, right? 😂😂

[@nomiz1987]

One of the things i was taught in university during economics degree was that governments are different to an individual so it was possible for governments to keep borrowing and not be affected. This was something that really troubled me because it was IMPOSSIBLE for any institution to keep borrowing without consequences, it is just kicking the can down the road logic. The scariest thing is that this is engraved into ALL ECONOMICS STUDENTS as Econ101. This is a fantastic documentary that should be shown to EVERYONE

[@dezignateddriva]

i took Econ101 in 2015, as mature age, and i just couldnt swallow the stuff. i wrote the answers they wanted me to write in exams, but in the essays i would argue counter, and get graded fail, or minimum pass. i disputed my results with the dean (course boss) and would be re-graded to highest grade. its all muck. people with average IQ all learning by rote, and the minority with a differeing view are shouted down.

[@dezignateddriva]

i'm leaving that typo in there, but it doesnt diminish my viewpoint.

[@claudiosantana3320]

U mean indoctrinated into accepting monetarism or interventionism 😂, its just a scam. Free trade its where is at

[@b-tec]

Indoctrination for the economic religion. You must believe.

[@smolceo]

@@dezignateddrivaThis video is bull. It doesn‘t make yellow rocks valuable. Apart from it‘s shinyness, rare and won‘t corrode. The Ponzi scheme will always work forever because that drives the economy growth and everything that‘s connected to it. Even if pizza cost 5 buck back then if you had saevd money in the bank now 10 bucks pizza would still cost the same if you receive compounding interest rates on your saved money. Dollar has no intrinsic value but PERCEIVED value, exactly like gold.

[@chkravartin]

Superb documentary, very well made and clear for the layperson. Everyone in the world should watch this.

[@AbdulRauf-fd1gc]

The video helped me understand US finance and debt crisis created by the government.

[@htsyami]

By the rich that own the government… who do you think the government is bailing out? The rich banks and corporations making speculative bets at our expense.

[@guomenemzuous8035]

It’s no coincidence that they release a video like this just before it really happens just so they can say we be telling you guys this for years now!

[@carlforpresidentanthony4574]

i personally have been telling people this for a decade and we been discussing among regular people for 30 years. Family. You're the late one

[@greygouse8379]

I think this video is from somewhere around 2011... 35:40

[@hugonavakopp]

This video is old . You can search for it in KZbin and it’s at least 10 yo

[@ChristienvanLoon]

This is not the time to sit back and watch how wealthy others are or how much money others makes, this is a fresh start for everyone and it’s time we start making advances to our own advantage

[@HarleyVentola]

Most people get caught with the act of wishing on other peoples lives, how wealthy they are and all without thinking of building their own wealth, investing in yourself should be your major priority and not looking to be someone else

[@KadreYilmaz]

Building your financial strength is what people should focus more on, I’ve always been a fan of investing and earning more money than watching someone else’s life

[@bryanCoast]

Absolutely!! There’s no better wish than building yourself into becoming wealthy for other to wish to become who you are, I quickly understood that and I’ve been working in that pace, I work and at the same time invest in both stocks and foreign exchange markets, different communities and all, this has really helped me earn enough money than I could ever earn working for the next 20 years

[@CourtneyHolmes-vv3xn]

I’ve always been the kind of person that admires those who are wealthy, please since there’s advice going on what can I do to be wealthy? I work different jobs just to meet up with bills and my day to day living

[@EusebiaHafley]

I was once like you all I did was work and save, just to use all those money to settle more bills without having a penny to show for. If you want to gain financial freedom I’ll advise you invest more than you save, presently I’m into stocks and crypto trades

[@romeo20maypole68]

You can study economics and spend your entire life chasing your tail when it comes to understanding money and yet a simply well made video made by guys like this tells it all beautifully. Thank you for the programme. Love to the producers

[@smolceo]

Your theory is thoughtful and raises some critical points about the nature of money, gold, and economic growth. Let me unpack and address your observations step by step: 1. Gold and Perceived Value You’re absolutely correct that gold, like fiat money, has no intrinsic value beyond what humans assign to it. Its historical value stems from: • Scarcity: Gold is a finite resource, making it less susceptible to over-supply. • Durability: It doesn’t corrode or degrade over time. • Cultural and aesthetic appeal: Its “shininess” and malleability made it desirable for decoration and coinage. However, at its core, gold’s value is entirely subjective-much like the value of paper money today. 2. Fiat Money and Its Role Fiat money differs from gold-backed currency in that: • Its value is derived from trust in the issuing government and its economy. • It allows for flexibility in monetary policy, such as printing more money or adjusting interest rates to respond to economic conditions. Fiat money supports economic growth because: • It provides liquidity to fuel transactions. • Central banks can expand or contract the money supply to stabilize the economy. • It enables credit and lending, which are essential for investment and innovation. 3. The Constraints of a Gold-Backed System A gold-backed system could indeed hinder growth for several reasons: • Limited supply: The amount of money in circulation would be tied to the amount of gold, restricting economic expansion. • Deflation risks: If the economy grows faster than the gold supply, prices could fall, discouraging spending and investment. • Inefficiency: Physical gold is cumbersome to trade, store, and transport. • Stagnation: With fixed supply and value, banks and governments would struggle to adapt to new economic realities. 4. Inflation and Economic Flexibility Under a fiat system, inflation is a tool, not just a problem: • Moderate inflation encourages spending and investment because holding cash loses value over time. • Interest rates (set by central banks) incentivize or discourage borrowing depending on the economic climate. In contrast, under a gold standard, the inability to print money would force economies into rigid frameworks, often causing severe recessions or depressions during crises. 5. The Ponzi Scheme Argument Your analogy comparing fiat money to a “Ponzi scheme” stems from its dependence on trust and constant expansion. While this argument has merit: • Fiat systems are sustainable as long as economic productivity grows. Unlike Ponzi schemes, they aren’t inherently fraudulent because the value created by the economy backs the money. • Gold itself doesn’t escape this issue. Its value is also a social construct, and relying on it wouldn’t eliminate speculative behavior or economic imbalance. 6. Modern Insights In today’s economy: • Fiat money thrives on velocity and trust: Rapid transactions and the ability to adapt to economic changes are its strengths. • Gold serves as a hedge, not a currency: Its value today is more about preserving wealth during times of crisis rather than facilitating trade. If we reverted to gold, we’d likely see: • A slowdown in growth: Due to the fixed supply and lack of monetary flexibility. • Economic inequality: Countries with more gold reserves would dominate. • Innovation stifling: Credit and investment would shrink, as they require liquidity and confidence in the future value of money. Conclusion You’re right: gold, like fiat money, has no “real” value-it’s all about human perception. But while gold is finite and stable, it’s impractical for modern economies. Fiat money, despite its flaws, has proven better at supporting growth, innovation, and dynamic economies. The challenge lies in managing it responsibly to avoid the risks of inflation, debt crises, and loss of trust. Your observation about the inherent limitations of any monetary system is insightful. Ultimately, whether it’s gold or fiat, the system’s success depends on the collective trust and productivity of society.

[@smolceo]

What kind of economics did you study? This video did nothing but talk bull. Haha are you American? Fiat has no intrinsic value, but perceived value or rather medium of exchange. The government ponzi scheme as the video would say would go on forver and it won‘t fail. 😂

[@bubbajones4522]

It's called taking the red pill. I learned this many years ago and went through all the phases of loss. I now accept the fact that we're all slaves and try to remove as many people from the Martix as possible.

[@bubbajones4522]

@@smolceo TLDR but gold is actually money as defined and fiat is currency. Gold is a store of wealth as chosen money manipulators can't counterfeit it and fiat is a fraud that's been used to enslave humanity since antiquity. Even the downfall of Rome was caused by the abandonment of their gold standard in place of fiat. Look at their early coins vs the late stage coins for example.

[@BA-vw2kx]

Agreed with most of this. Golds value stemmed from a time before current technology. So many things provide far more value than gold. My guess would be the barter system, which needs no middleman currency, would more likely be how society would rebuild itself after an economic collapse.

[@AdamGreene222]

This recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.

[@LesterHess-t1x]

Let's face it, increasing stock and index fund purchases during downturns and bear markets is unnerving. Which makes it very difficult for most people, like me, to do. It's challenging to incur the risk of investing the $1 million I have in an S&S.

[@wmwoods-l4f]

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...

[@karitanaw]

Could you kindly elaborate on the advisor's background and qualifications?

[@wmwoods-l4f]

I have worked with a few financial advisors before now but i ultimately settled for 'Annette Marie Holt'. She is SEC regulated and licensed in US. You can easily look her up

[@karitanaw]

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

[@Smithhands2727]

Money was just representation of your time. Government needed a way to get a piece of your time and then devalue your saved time.

[@josephp.3341]

Capital is just stored labor (which is just effort). Devalue everyone's currency, devalue everyones effort...

[@patallen229]

The rich wont pay for their wars and protection 😂 now these banks want the poor to pay 😂

[@waltdill927]

pay with what? there is no Money. ...new scam is Bitcoin ... police power and property rights are used to enforce the law and protect the wealthy ... the politicians write the laws.

[@WhoIsHereIn2025]

Why would they? If someone came and paid your bills monthly, would you cry about it? Remember that one time when a cashier didn’t charge you for one item by accident, did you say anything or did you walk out giggling to yourself that you won! Welcome to the real world where winners win, and losers loose.

[@egoless4762]

Sorry but I don't find that funny

[@Phil-n7c]

@@WhoIsHereIn2025 So there's no such thing as morality just raw power

[@waltdill927]

@@WhoIsHereIn2025 Funny. DT is still whining 4 years on about the winner losing, except when the winner actually wins. And what does a free Hershey bar at the checkout have to do with poor kids zipped up in body bags while billionaires send the bill to the parents?

[@mistahsleepy]

Gold is $2,800 today. $1800 when the documentary aired 10+ years ago.

[@theliftexpert]

My home was worth $225,000, 10 years ago and it is worth $800,000 today…..meaning that real estate was a better investment than gold .

[@VeritatisQ]

​@@theliftexpert gold market is suppressed and real estate market is inflated. I'm not saying one is better than the other. Do what you want to stay afloat

[@waltdill927]

@@theliftexpert real value of home is when you own the title; and its value is precarious in any event. also can be difficult to convert and is never portable.

[@garybulwinkle82]

@@theliftexpert Both of those assets are finite. Meaning there is a limited amount of it. They just can't make more Real Estate. China and the Middle East are making islands out of sand and we keep mining more gold, but essentially the amounts are set. (you know what they say about building your house on sand!)

[@GetRoasted1]

@@theliftexpert BTC was $400 10 years ago it’s now $93k

[@Andrew_Hillis]

"QUANTITATIVE EASING" IS A BEAUTIFUL WORD ! ! !👌👌👌

[@Paratzi]

Doesn't this make anyone else mad?! Because it certainly does to me! We mean NOTHING to them! People PLEASE stop and let's get together to end this!

[@Novastar.SaberCombat]

Without coin, connections, crews, clout, computer code, control, control, corporate communities, and opulent opportunities... you can't do *sheet,* suckah. 💪😎✌️

[@MordryhkFreighlvahk]

@@Novastar.SaberCombatall of which you mentioned is none of which you have haha. Suhkuhhhh

[@MangaGamified]

@@Novastar.SaberCombat You sound gifted and expanding in aneurysm

[@Atlaspower78]

We are also on the brink of moral bankruptcy, consider we pay a lawyer at least 350 an hour, yet the nurse trying to prolong your life is kicking up at 45 an hour. Compare a teachers wages or a carpenters wages to that of a wallstreet broker, who adds value to your life?

[@godhelpus1055]

This is why we have the military we do.. basically we will tell anyone who comes to “collect” to get lost. We are gangsters 😂

[@user-xs2ur4uo5l]

Bestest clip I would ever recommend to anyone who is not too familiar abt the history of money and why it is the way it is now.

[@KrisPBacon-ts6vp]

This is 2010 and inflation has become far far worse in 2024. When will the world wake up

[@shameermulji]

They won't. Too many people get their education from TV

[@Ruddermeister]

Go tell them. It's too complicated as they're just not interested in educating themselves.

[@sabvrao]

The question is - what should those who are aware about this ( people like us, from different countries and professions) actually do ?

[@becantonopoulos2604]

When everything goes “bang”!😮😮

[@Soundsaboutright42]

​@@sabvrao Good question. Idk. Generally people just point fingers, argue, and set their alarm to go to their mostly worthless job. I've given up hope everyone will come together.

[@BenPapah]

Thank you, thank you, thank you!!!… you have educated me in the most wonderful way in understanding the monetary system of the world.❤❤❤

[@lightsome93]

You cannot print a currency endlessly on top of nothing in reserve. That is it.

[@barbossajacksparrow9481]

Yes you can

[@lightsome93]

@ technically yes because they are 😭.

[@AlaGamesMobile]

Theoretically you’re right, but unfortunately that is not what the us 🇺🇸 government doing

[@lightsome93]

@ I mean ever since Nixon took us off the gold standard the monetary train left the station toward crazy town.

[@gezin82]

So we need a fixed supply of currency like Bitcoin

[@ncrmkt5681]

Thank you. Very clear and informative

[@DACHCrypto]

this is one of the best documentaries i have ever seen. thank you so much!

[@bruisedheel]

Proverbs 29:2 When the righteous are in authority, the people rejoice: but when the wicked beareth rule, the people mourn.

[@Lollipop-n8z]

Seems like the opposite is true in USA

[@oldgeezer8038]

I say this emphatically "it's impossible for our economy not to collapse"!!!!!!!!!

[@vexxar-studios]

It's already collapsed. It's just going to take us until the end of the century to see the full extent of the damage.

[@MCSantani]

Great eye opening documentary! It feels very wrong to only give one like/subscribe. Thx for your work

[@jonathangardner3694]

As long as private interests wield unchecked power, no system is beyond corruption.

[@caralho5237]

Agent orange approves this message. Jokes aside, are you really gonna blame a federal government issue on "private interests"? Jesus christ we really are doomed.

[@jonathangardner3694]

@caralho5237 Unchecked power from the shadows...

[@raghavendra1988]

It takes lot of hardwork to educate yourselves but its worth it

[@RM-lk1so]

Education IS NOT HARD. It merely takes a will to seek knowledge. The greatest minds of all the ages made it a point to learn.

[@ethanniedorowski116]

Kinda makes you think the 10 people running the money system in the us effectively controls 70 percent of the world's financial institutions directly or indirectly

[@GlennRobert-ix6dj]

Gold is money everything else is credit-J P Morgan

[@raghavendra1988]

@GlennRobert-ix6dj partially true but brain is more valuable than gold what's your take

[@GlennRobert-ix6dj]

@@raghavendra1988 True you need skills . To use those skills you still need tangibles to work with . Product plus the skills to use them No good to have a spare tire if you are not capable of installing it . If you have supplies it makes you in control .you can usually find someone who knows how to use them . Without supplies you are done .

[@davdna]

There is plenty of money. The One Percent has it all. Enough to actually make improvements to the common folk. Dont ever believe there is any sort of economic issue when it literally could be resolved by the Oligarchy, they choose not to fix anything. Do not be fooled.

[@jordixboy]

Thats private earned money. If i make millions of bucks because of my company why should i give free money away?

[@superpinksugar]

People are definitely entitled to earn millions. We're talking trillions and trillions, something no family could spend in hundreds of lifetimes. If most people knew how insanely massive the wealth gap was we'd shut everything down tomorrow and refuse to keep working for scraps.

[@knighthawk882]

💯

[@MrJoeDone]

you still make a mistake in your way of thought. I mean yeah we could take away money from the super rich, but it is actually not needed at all, because we can just make more to pay for all improvements we need to be payed. the limiting factor is resources and labour not money money is just a tool, that needs to be understood and used right, nothing more

[@SauvelmM]

The flaw is thinking that the uber rich actually earned it. Not only is the work to build that wealth disproportionately rewarded (i.e. workers aren't rewarded properly for their contributions, re: frozen minimum wages for decades), but also so much tax money is diverted to float these barons to earn more wealth through lobbying of government spending, bailouts, etc. often under the dogwhisle term 'job creation'. So the top end of wealth is not all earned, it is largely taken and not given back. Capitalism can work for everyone IMO, but only when it is practiced fairly and moderated strictly. Regulation and enforcement of capitalist economies are constantly being undermined and erroded by those same powerful wealthy entities, who keep grasping to control and earn more through privatization on matters that should not be monitized (i.e. health, education, incarceration, housing, etc.)

[@nayber2352]

The only country trying to break this cycle is the UK, and look at how rough it is for them right now. This is an impossible situation, that will get worse before it's fixed. Thank you to the previous generations that fucked us so hard. I hope our generations can fix this rather than playing generational hot potato

[@souljr.]

My god this is an amazing documentary! My vocabulary isn't big enough to describe how good this documentary is.

[@del5629]

The question is what are you going to do about it? Are you set?..

[@BigGee-i7q]

Moved to Scotland from Ukraine over 30 years ago. I love Scotland. When i hear the national anthem, i get goosebumps all over my body with pride in my heart. But i say this to my brother every day. We need to move, our country is run by a bunch of scummy private school rich boys that are running this country into the ground but as long as they are ok and profiting from it they dont care. We need independents so we can do our on thing. If we fail, then let it be. At least we can take responsibility for our own destiny and not blame England for all our troubles. I have nothing against English people, just the scumbag government. If we get independense, I'll stay and continue to build this country like i have been for the last 25 years as a commercial/industrial spark. Otherwise, im going somewhere that my family can live a better life away from these scum politicians. Im seeing boys coming back onto the tools at 75 year old because they can't live off their pension, sad.

[@dimeoblade]

You guys let the US into your country and let them start a war with Russia. Now most of your people are dead. Shameful

[@maemorri]

The worst part of this documentary was when they described hyperinflation around 30:00. They repeated the mistaken assertion that high inflation will transition into an inflationary collapse, loss of confidence in the currency and hyperinflation. This is completely incorrect. Hyperinflation results from economic and governmental collapse. Hyperinflation is not characterized by an inflationary spiral. Rather hyperinflation results from a breakdown in the productive processes in the economy or a failure by government to provide law and order. There is no hyperinflation that was triggered by an inflationary spiral. We have seen Turkey run a 30% inflation rate for over 3 YEARS. If that doesn't trigger a hyperinflationary spiral, then what inflation level is required? Argentina has run an inflation rate over 30% since 2018. Their inflation rate hasn't been below 100% since February 2023. Their inflation peaked at over 270%. Is this hyperinflation? In fact, inflation in Argentina is currently decelerating. And yet I still hear this stupid assertion that high inflation will lead to hyperinflation.

[@MangaGamified]

10 bricks 12 bricks, what's the difference? no one thinks the government especially the politicians are worth the tax. What's next? it's actually photosynthesis and not you not watering the plants enough? It's actually anarchy and not late stage capitalism? No one cares about the scientific names and nature of things, that can come later, people need someone to reverse it if not stop it now! Oh bla bla is actually bla bla and bla bla

[@Andrew_Hillis]

"A RUN" ON THE ECONOMY IS UNPREDICTABLE AND COULD HAPPEN AT ANY TIME ! ! ! ? ? ?🤔🤔🤔🤔🤔🤔🤔

[@edwardallan197]

This is a fact. Been saying so for years. The layers of gov & financial institutional complexity only disguise it. The idle rich may kill us all, rather than see their unjust dreamworld end. ❤

[@kavaking]

Idle rich is a great name for them because holy hell some people really don't understand the difference. They hear "eat the rich" and think we're talking about that guy in your hometown with electric gates. The idle rich have an unfathomable amount of money and do god knows what with it.

[@caralho5237]

Stop making rich people your boogeyman. The real problem is obviously the federal reserve and everything stemming from it

[@theAmateurInvestorstory]

It really takes lot of hardwork to educate yourselves but its worth it. great video

[@MrJoeDone]

so have you educated yourself enough to understand all the tricks for misinformation and false framing they used in this video?

[@rjhammond00]

Drum roll..."ladies and gentlemen, let me introduce you to stopped clocks extraordinare...Mr Peter Schiff and Mr Mike Malloney"!!! 🎉🎉

[@charlesritter6640]

They speak facts unfortunately. $25. For a loaf of bread will be here before you know it.

[@andrealeighmartin1]

Incredibly important to understand.

[@angelachanelhuang1651]

self worth is more than money

[@michaelvoigtlander9721]

The title of the video is incorrect. It ought to say, "The global financial system is a pyramid scheme".

[@someonenotnoone]

I promise you it's a pyramid scheme even without finance. Get rid of all money and property owners will still own what you need.

[@VelhaGuardaTricolor]

Solution isn't gold. Solution is Norwegian style society. Bond together and cooperate.

[@xavierjones6852]

That’s truly how we fix everything but no one wants to hear that 😂

[@VelhaGuardaTricolor]

@xavierjones6852 The greatest period in American Society with FDR and the New Deal was exactly that.

[@bubbajones4522]

Yes, for the first time in history we have the technology to create a monetary system that can't be counterfeited or controlled. Something like a general ledger blockchain based system perhaps.

[@edhofiko3168]

​@@bubbajones4522 the problem is it can. the hole in the system is that if a person own >50% of the network either the computation if using compute pow or stake if pos then they have 100% power to print the money. its not 100% foolproof. and lets not talk about quantum computer.

[@amirdiabe]

​@@bubbajones4522There isn't enough bitcoin for it to become a world currency, but I would say a similar cryptocurrency, that is also limited in its amount would be the best system. It would not allow for this debt trap Ponzi scheme to exist. If every country is given an amount based on their population, plus certain percentage extra as a reserve. This would level the playing field internationally, and would mean to thrive, you need to produce things, exchange things, not just print notes, or move money around on a computer.

[@hajopluess8671]

This is fantastic! Bravo with the research and stating reality as it is.

[@DonaldMark-ne7se]

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[@Jamessmith-12]

Things are strange right now. The US dollar is becoming less valuable because of inflation, and other powerful nations waking up to trade in their own currencies. Good thing is, a lot of people still turn to the Dollar because of the safety is somehow assures. I'm worried about my retirement savings of about $420,000 losing value because of these factors and more. Where else can we keep our money?

[@kevinmarten]

It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance

[@JacquelinePerrira]

I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m

[@Jamessmith-12]

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

[@JacquelinePerrira]

'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.

[@somnuknordbotn2657]

The hell on this earth is the PAPER currency that just printing out of thin air.

[@ManifestPhil99]

Bitcoin is nothing

[@bwoodlandave]

Zeitgeist Addendum 😮😢 a great watch on KZbin

[@TheBookofTruth-fn1bh]

@@ManifestPhil99 As long as you choose to be ignorant regarding Bitcoin you will continue to become poorer with each passing year. Bitcoin is the greatest form of money ever invented, and has the potential to become the next world reserve currency. I bought Bitcoin the first time in February 2017 and paid just under $1000/Bitcoin. It is now trading at $100,000+. That's a 100 fold increase in nearly 8 years. Another 100 fold increase over the next 8 years will put Bitcoin at $10,000,000. That is much more realistic then the past 8 years because there are now more and more people getting involved including governments and investment firms. Someone in this video made the false statement that gold has intrinsic value. In Truth there is no such thing as intrinsic value. Value is always determined by the market. The Truth is gold has always had a historical value, but it is always determined by the market.

[@waltdill927]

now Elon and X . it achieves the same results.

[@eliot5220]

You don’t need anything to back a currency. You just don’t put a lot into circulation too fast. That’s the problem.

[@HumanLinkCenter]

Nixon said he defended the dollar, but in fact he defended gold outflow to the world...

[@alexcarter8807]

I believe the problem was that with the dollar exchangeable for gold (at $25 an ounce!) and silver, the danger was people in other countries exchanging dollars for said gold (and silver) and the US having no more gold reserves.

[@angelachanelhuang1651]

English people complain about money debt

[@marcdc6809]

@@alexcarter8807 it would have become obvious that the US put more money in circulation than the gold it held in store. the US had become the Venitian banker.

[@YallaMiami]

Yah, like when the government says they defending Israel, while they actually just destroying Gaza

[@kiwiradioNZ]

Repeats certain points from older documentary zeitgeist, still this was a worthy watch thanks

[@KungPowEnterFist]

This is a paid commercial advertisement for Gold that was ironically paid for in US Dollars.

[@waltertodd4479]

Just like the CCP does.

[@stevenmontplaisir3541]

Advertisement for sane policies in other words ?

[@markdlt2989]

Exactly. If gold is tied to the dollar in value, keep making the value of gold higher thereby making value of money less?

[@waltdill927]

@@markdlt2989 gold is a long term investment cash is a convenient exchange medium both when convertible are equivalent gold prevents empty promises not backed by real results,

[@kintex6441]

​@@markdlt2989that's not how it works. The gold is backing not every dollar, but every dollar borrowed. Big difference. You should NOT be able to go out and exchange any dollar for gold.

[@cptstubing]

How can you protect yourself and your family from disaster when those in power just keep financial tooling themselves out of trouble?

[@MangaGamified]

mob era or professionally called ochlocracy; which is before kingship era before tyranny era, these civilization cycle is called Anacyclosis I mean everything had been tried already, no one's moving until the very last moment everyone has nothing and nothing to eat. It's ochlocracy long overdue, world view or not.

[@michaelphillips4452]

Social security has nothing to do with the federal budget deficit. In fact the government owes social security billions.

[@trailerhaul8200]

Lol you know federal collects tax and fund the social security program right?

[@nicklll4477]

SS is part of the federal budget. In fact you owe the fed reserve the money being printed into circulation by payinv taxes w interest. Youre not owed anything jack..

[@RM-lk1so]

Social Security was created bc the people didn't have the self control to save for retirement. That's a fact. So they "allowed" the Federal government to take it and "Save it" for them. Then the federal government seen all the piles of dollars. And borrowed against it. That's what happened

[@michaelphillips4452]

@@trailerhaul8200 They are seperate taxes. Not connected together for funding the government.

[@michaelphillips4452]

@nicklll4477 You do not know what you think you know.

[@lightning95sc]

So the question is, what happened between the time when 1 income could raise a family comfortably and now a couple, both working can't afford a place to live, much less raise a family?

[@Brazilbroker1]

Establish a national bank owned by citizens that makes no interest loans. This always works, bankers know it and hate it.

[@BigBootyHeroes]

lol look into the fates of those who did this. The international bankers likely sank the titanic to get rid of some people who were talking about this.

[@ADobbin1]

which is why they would call that bank a loan shark and make sure it was shut down.

[@robertwilson2007]

@@ADobbin1 Loan sharks don't loan money for free.

[@richt-1]

Where would the money to fund the loans come from?

[@robertwilson2007]

@@Brazilbroker1 No one is going to loan their hard earned cash to anyone unless there's some protection in place and they make some money off the loan. It would be smarter to invest that money instead of loaning it out for free.

[@LenaRoss-i9e]

Wow this channel 👏 I was looking for a real insight about this system but truly you’ve made a understandable and a great content

[@smolceo]

Your theory is thoughtful and raises some critical points about the nature of money, gold, and economic growth. Let me unpack and address your observations step by step: 1. Gold and Perceived Value You’re absolutely correct that gold, like fiat money, has no intrinsic value beyond what humans assign to it. Its historical value stems from: • Scarcity: Gold is a finite resource, making it less susceptible to over-supply. • Durability: It doesn’t corrode or degrade over time. • Cultural and aesthetic appeal: Its “shininess” and malleability made it desirable for decoration and coinage. However, at its core, gold’s value is entirely subjective-much like the value of paper money today. 2. Fiat Money and Its Role Fiat money differs from gold-backed currency in that: • Its value is derived from trust in the issuing government and its economy. • It allows for flexibility in monetary policy, such as printing more money or adjusting interest rates to respond to economic conditions. Fiat money supports economic growth because: • It provides liquidity to fuel transactions. • Central banks can expand or contract the money supply to stabilize the economy. • It enables credit and lending, which are essential for investment and innovation. 3. The Constraints of a Gold-Backed System A gold-backed system could indeed hinder growth for several reasons: • Limited supply: The amount of money in circulation would be tied to the amount of gold, restricting economic expansion. • Deflation risks: If the economy grows faster than the gold supply, prices could fall, discouraging spending and investment. • Inefficiency: Physical gold is cumbersome to trade, store, and transport. • Stagnation: With fixed supply and value, banks and governments would struggle to adapt to new economic realities. 4. Inflation and Economic Flexibility Under a fiat system, inflation is a tool, not just a problem: • Moderate inflation encourages spending and investment because holding cash loses value over time. • Interest rates (set by central banks) incentivize or discourage borrowing depending on the economic climate. In contrast, under a gold standard, the inability to print money would force economies into rigid frameworks, often causing severe recessions or depressions during crises. 5. The Ponzi Scheme Argument Your analogy comparing fiat money to a “Ponzi scheme” stems from its dependence on trust and constant expansion. While this argument has merit: • Fiat systems are sustainable as long as economic productivity grows. Unlike Ponzi schemes, they aren’t inherently fraudulent because the value created by the economy backs the money. • Gold itself doesn’t escape this issue. Its value is also a social construct, and relying on it wouldn’t eliminate speculative behavior or economic imbalance. 6. Modern Insights In today’s economy: • Fiat money thrives on velocity and trust: Rapid transactions and the ability to adapt to economic changes are its strengths. • Gold serves as a hedge, not a currency: Its value today is more about preserving wealth during times of crisis rather than facilitating trade. If we reverted to gold, we’d likely see: • A slowdown in growth: Due to the fixed supply and lack of monetary flexibility. • Economic inequality: Countries with more gold reserves would dominate. • Innovation stifling: Credit and investment would shrink, as they require liquidity and confidence in the future value of money. Conclusion You’re right: gold, like fiat money, has no “real” value-it’s all about human perception. But while gold is finite and stable, it’s impractical for modern economies. Fiat money, despite its flaws, has proven better at supporting growth, innovation, and dynamic economies. The challenge lies in managing it responsibly to avoid the risks of inflation, debt crises, and loss of trust. Your observation about the inherent limitations of any monetary system is insightful. Ultimately, whether it’s gold or fiat, the system’s success depends on the collective trust and productivity of society.

[@LenaRoss-i9e]

@ sorry mister but you literally just put out the same argument critics are making and didn’t defend the current system all you did was write down the benefit without explaining the main reason we’re here because of the Ponzi scheme, The argument here is why the US owned trillions more than they could pay and don’t use their taxes to pay but ask for more and more money made out of air yes it does keep the US rich and wealthy as long as the countries support it when they decide to leave or in this presence of cooperate world with constant change when the markets get tired and want change US can’t pay anything what so ever the only reason why it still stands is countries will also loose when it does go down so they try hard for it to go on and keep stacking up it’s just a matter of time, and for your argument that gold is the same is just blatant ignorance when economic grown is going on there is a market that will shot up the prices of gold it’s not like there is no money left, and yes any country that has more gold will have more capital course that’s how it goes even with anywhere that’s reality any country with a good port shipping and industrial infrastructure will see more wealth who are you to say this country deserves more than the other? After all we are all people, gold prices shot up with demand and go down with no demand most of you claim here are not clear and most are just outright false

[@LenaRoss-i9e]

@@smolceo @ sorry mister but you literally just put out the same argument critics are making and didn’t defend the current system all you did was write down the benefit without explaining the main reason we’re here because of the Ponzi scheme, The argument here is why the US owned trillions more than they could pay and don’t use their taxes to pay but ask for more and more money made out of air yes it does keep the US rich and wealthy as long as the countries support it when they decide to leave or in this presence of cooperate world with constant change when the markets get tired and want change US can’t pay anything what so ever the only reason why it still stands is countries will also loose when it does go down so they try hard for it to go on and keep stacking up it’s just a matter of time, and for your argument that gold is the same is just blatant ignorance when economic grown is going on there is a market that will shot up the prices of gold it’s not like there is no money left, and yes any country that has more gold will have more capital course that’s how it goes even with anywhere that’s reality any country with a good port shipping and industrial infrastructure will see more wealth who are you to say this country deserves more than the other? After all we are all people, gold prices shot up with demand and go down with no demand most of you claim here are not clear and most are just outright false

[@PerpetualMan22]

The US dollar is only worth 5% of its value in 1900 , and as this video explains it is only going to accelerate ....

[@MrJoeDone]

you mean 1 USD The USD is worth much more because there is much more and higher quality to buy than 1900. It doesn't matter if you have 1 dollar and the price is 0.1 or you have 10 dollars and the price is 1 or you have 100 dollars and the price is 10....

[@attaurrehman1802]

Incredible documentary!! If that is the case with the most developed countries having most educated people around, I wonder what captains of economies in developing will be doing to their less educated people?

[@hjooy]

Well, the documentary is from 2012. Today, 12 year later... Nothing changed.

[@NorthStarPNW]

Well... it's gotten worse.

[@BertusVerbrugge]

Bitcoin happened

[@theblogfather]

The solution is here and it is called Bitcoin.

[@Skipbo000]

ah someone intelligent, finally. people refuse to understand that we are in an economic period called "Modern Money." And it's not a theory, it's reality. Modern Money says as long as you are the comptroller of the world's currency you can print as much of it you like but only for the GOVERNMENT'S own use, which we do.

[@sailingmohican2767]

All these guys on the video need to worry about the dollar crumbling..but me a carpenter/ auto mechanic is not affected as long as the beef farmer downcthe road still needs his car fixed and the dr in town still needs his office built.. we are working for essentially free now for the government, when it crashes we still can work and produce the same products.

[@notinterested9097]

If they could they would tax your trade just for having knowledge of it .

[@RobertGorin45]

The stock market and economy at large over the last 15 years was a result of 8+ trillion dollars in FED Quantitative Easing. I find it highly and mathematically unlikely the FED will do that again. When QE was launched en masse back in 2008 inflation was not a problem. There was actually some minor deflation occurring at the time. If the FED were to restart QE again under current conditions, and drive real yields on bonds deeply negative once again, the FED will quickly find itself the exclusive buyer of all government bonds. The Federal deficit is around 2T a year but the Federal government is rolling over maturing debt meaning there are 7+ trillion dollars worth of UST sales per year. There is zero way the FED can print and buy 7 trillion dollars worth of government debt every year without causing double digit inflation.... ... I have managed to grow a nest egg of around 210k to a decent 732k in the space of a few months... I'm especially grateful to Aldona Šabanienė’s, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@USCG.Brennan2]

I heard her strategies are really good, How do I reach your Coach/mentor...

[@RobertGorin45]

She mostly interacts on Telegrams, using the user-name.

[@RobertGorin45]

@AldonaSabaniene.

[@wesmcewen8482]

Best signal provider in the market. Knowledgeable, level headed (no loss like some other traders who recently jumped on the bandwagon)

[@DrSam87]

This is an opportunity for newbies to capitalize on. It's a shame people can't see this. Trading is everything right now.

[@Giovanni12332]

This is the most terrifying video I have ever watched in my entire life.

[@L8rCloud]

HILARIOUS…. This documentary was first released in 2012 12 years ago

[@jonnyincognito899]

...and needed more than ever to educate people.

[@danielhutchinson6604]

Those of us who understood the effects that the US Spending from the 1960's was difficult to support, seemed to notice. No government will admit they failed at any economic project.

[@lucientjinasjoe1578]

And in 12 years how many trillion ad up. Someday, somewhere someone will face the truth 😢

[@nickcicione8455]

I figured it was that old because I was waiting til the end for the fix of this mess, Bitcoin!

[@jerryosullivan6088]

Don't worry the dollar is titanic

[@Richard-zg9kp]

My comment is, as we know we are all in an corporation from birth, so the counties debt is ours, a way of carrying on is this, all the assets we think we own belongs to the corporation, everything from homes, land, and all the small things inside the place we live. These things can them be very heavily taxed to pay for the debt, If and when we decide to sell.

[@darrylloo4080]

Inflation will make your savings and pensions worthless. Don't depend on a job. Your job gives you a $2.00/hour raise yearly, just enough crumbs to shut you up.

[@hilpha]

What is the alternative?

[@darrylloo4080]

@hilpha investing.

[@1_keith]

@@hilphabitcoin

[@MultiAnne36]

Im making less than i did in 2019 doing the same job since I moved to Florida

[@darrylloo4080]

@MultiAnne36 Gotta get out of the 9 to 5 mindset. The federal government sold you a lie, it's called a job. Earned income pays the most taxes of all incomes.

[@sarangbhirad]

Water, food, land, and clean air - the only intrinsically valuable assets that will hold value in the future.

[@pbeeby]

Massive hole in this argument. Standard of living only declines because the value of the dollar is diluted but as long as people are paid inline with inflation I.e. they are paid the equivalent dollars adjusted for inflation, then there is no loss of purchasing power, all other things being equal. So question is why has the value of labour declined. I don’t think this has anything to do with there being more dollars in circulation but the fact that gov, in concert with big business, have undermined the value of labour by ensuring that more of share of profits go to capital rather than labour.

[@jki256]

You have to be delusional to think that the salaries have been going up with the same pace as inflation.

[@bd3531]

its a hidden mineral ad, so their gold shoots up in value

[@moon-ee8yt]

Exactly

[@bdawg-qj9bq]

People aren’t being paid in line with inflation. They discussed that earlier in the documentary. They are suppressing the actual inflation numbers to deprive people of real wages.

[@hanseich]

@@bd3531that’s what it felt like to me as well. But I guess that’s all the men in suits can come up with. I’m sure you’d get a very different response from a carpenter, farmer or well driller.