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

  Рет қаралды 450,464

wocomoDOCS

wocomoDOCS

Күн бұрын

Пікірлер: 2 300
@FedrickWhite-jo2ed
@FedrickWhite-jo2ed 23 сағат бұрын
You ever think about how the global economy feels like a giant pyramid scheme? The people at the top just keep benefiting while everyone else struggles to keep the base intact.
@Adam-dm8wg
@Adam-dm8wg 23 сағат бұрын
That’s an interesting take. I mean, it’s true that wealth often funnels upward. Look at how billionaires get wealthier during recessions while the average person fights to stay afloat.
@ArianaFelicia-cw7oq
@ArianaFelicia-cw7oq 23 сағат бұрын
Yeah, but isn’t that just how the system is structured? The “trickle-down” idea never really trickled much, but we’re all still participants in this game.
@BrysonMoore-g8p
@BrysonMoore-g8p 23 сағат бұрын
That’s why it’s so important to have a solid financial plan. Honestly, working with someone like Joseph Nick Cahill has completely changed my perspective on navigating this system. He helped me make sense of the chaos and find stability in an unpredictable economy.
@FredricoTammmaso
@FredricoTammmaso 23 сағат бұрын
Same here! Joseph gave me clarity when I didn’t know where to start after selling my house. He laid out an investment strategy that’s been working well for me. I’d say his advice feels like having a cheat code for dealing with this so-called pyramid scheme.
@BrysonMoore-g8p
@BrysonMoore-g8p 23 сағат бұрын
Agreed. And for anyone looking for a trustworthy advisor, just Google his name. His clients, including us, are proof of his expertise. Definitely worth reaching out if you’re feeling lost or unsure about the economy.
@LolkeDijkstra
@LolkeDijkstra 2 күн бұрын
We all remember Libya's Gold Dinar and what happened to Gadafi and Libya.
@zeissiez
@zeissiez 2 күн бұрын
And Saddam too
@pololikikuju
@pololikikuju Күн бұрын
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
@synth1002 Күн бұрын
now we have fentanyl backed dollar in the u.s., deserved :))
@leprechaun7667
@leprechaun7667 Күн бұрын
Grey hats
@PlacidSolar
@PlacidSolar Күн бұрын
The money changers
@mitesh8utube
@mitesh8utube 2 күн бұрын
I get it. Super rich are innocent. It's everybody else's fault.
@jonnyincognito899
@jonnyincognito899 2 күн бұрын
...and responsibility to pay for it all.
@truckercowboyed2638
@truckercowboyed2638 2 күн бұрын
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
@mitesh8utube 2 күн бұрын
@@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
@truckercowboyed2638 2 күн бұрын
The rich didn't cause us to go off gold or cause inflation the government did
@RustyShackleford-u4r
@RustyShackleford-u4r 2 күн бұрын
@@truckercowboyed2638 get rich or die trying...isn't that a rap lyric? 😁 That's the system we are in though, print or die.
@kriskringle3164
@kriskringle3164 2 күн бұрын
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
@GG-mr9iz 2 күн бұрын
That so called bum is probably smarter than 95% of the total world population 🌎
@AugustusOmega
@AugustusOmega 2 күн бұрын
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
@unofficialmar Күн бұрын
he rather have some crypto
@yeetboi268
@yeetboi268 Күн бұрын
Is USD truly a fiat currency? It's backed by US military supremacy.
@BobbyHickey
@BobbyHickey Күн бұрын
A bum? People like you have no idea how close you are to becoming a bum. Shame on you.
@GlennRobert-ix6dj
@GlennRobert-ix6dj 2 күн бұрын
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
@reidwallace4258 2 күн бұрын
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
@tdkz72 2 күн бұрын
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.
@Bill-g7d
@Bill-g7d 2 күн бұрын
@@tdkz72 It means anything with intrinsic value goes up in value. When a lot prices are going up doesn’t mean the items are worth more it means the dollar is worth less.
@valerieprice1745
@valerieprice1745 2 күн бұрын
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
@NorthStarPNW 2 күн бұрын
​@@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.
@lonesom
@lonesom 2 күн бұрын
In the 1950's, a person pumping gas for a living could afford to buy a HOUSE!!!
@AlexandreBroering
@AlexandreBroering Күн бұрын
the world has doubled its population from 1970 to 2022
@Leland-du1xf
@Leland-du1xf 19 сағат бұрын
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
@danachuka 14 сағат бұрын
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
@lonesom 14 сағат бұрын
@@Leland-du1xf Bitcoin will reimburse that and stop the theft.
@speedwagon7562
@speedwagon7562 4 сағат бұрын
… I don’t tink so…
@jamesscott479
@jamesscott479 2 күн бұрын
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
@lega78 Күн бұрын
True that.
@jose280714
@jose280714 Күн бұрын
yeah... ,my 600-lb pound life ... says it all! Check mate! =)
@adammorra3813
@adammorra3813 Күн бұрын
@@jose280714ozempic will save us
@KevinTheStallion637
@KevinTheStallion637 Күн бұрын
No it’s not… we haven’t even begun to tap into cheap labor pools of other countries.
@mymediatube460
@mymediatube460 Күн бұрын
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.
@marcdc6809
@marcdc6809 2 күн бұрын
Nixon calling people who want their gold 'the speculators', that's comedy gold.
@BollyGee247
@BollyGee247 2 күн бұрын
😂😂😂😂😂 Don’t know what he’s thinking
@cheaplaughkennedy2318
@cheaplaughkennedy2318 2 күн бұрын
😂👌
@federalreservewolflegend3523
@federalreservewolflegend3523 2 күн бұрын
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
@AfriscopeTV 2 күн бұрын
PROJECTION!
@edwardallan197
@edwardallan197 2 күн бұрын
Those who control language can manufacture reality. Until actual reality overtakes.
@markwriter2698
@markwriter2698 Күн бұрын
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
@JahRootsRadio 22 сағат бұрын
Can’t even get a good nights sleep in that $80k truck but it comes with heated seats so…🤣
@clonehunterz
@clonehunterz 15 сағат бұрын
and said house is now worth 1million. i could get a truck for that :]
@jasonbrunch9124
@jasonbrunch9124 2 күн бұрын
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
@tiffanygoss9380 Күн бұрын
Except this video doesn’t explain why yellow shiny rocks are valuable…I mean rocks/paper…neither create value
@neilo4493
@neilo4493 Күн бұрын
@@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
@JimmyEscajeda Күн бұрын
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
@MegaShirra 17 сағат бұрын
@@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
@khunden 14 сағат бұрын
to think it came out 12 years ago
@jeffreymarshall4572
@jeffreymarshall4572 2 күн бұрын
We’ve been AVERAGING nearly $2 trillion annual deficits since 2008. This is debt Ponzi scheme madness!
@sixfigureskibum
@sixfigureskibum 2 күн бұрын
Ron reagan created deficit spending. Bush sr put it on steroids. Real information
@legatilegions8055
@legatilegions8055 2 күн бұрын
what`? do you even know how the economy works, becuase the makers of this documentary dont
@nicklll4477
@nicklll4477 2 күн бұрын
@@legatilegions8055 and I bet you don't know how the economy works either without the govt telling you fake numbers otherwise.
@danielhutchinson6604
@danielhutchinson6604 2 күн бұрын
@@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
@garybacher236 2 күн бұрын
We a going another trillion in debt every 90 days
@rubyvolt
@rubyvolt 2 күн бұрын
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
@dodisblues Күн бұрын
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
@rubyvolt Күн бұрын
@@dodisblues Monopoly. The "game" that brainwashed generations into thinking that is how it is supposed to be.
@Forest-k8u
@Forest-k8u Күн бұрын
👌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-
@Anees- 3 сағат бұрын
​@Forest-k8u😉♥️
@TCBBB22
@TCBBB22 2 күн бұрын
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
@metodinedev4983 2 күн бұрын
Today is the exact opposite - everybody spends lots of money, but not theur own money, cuz it's all loans
@mccoyji
@mccoyji 2 күн бұрын
Dunno abooot that, restaurants are packed AF!!! Doom Spending by Boomers, who know the jig is up? 🤔🤔
@katrinaumana2127
@katrinaumana2127 2 күн бұрын
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
@sophiasometimes9818 2 күн бұрын
@@mccoyjicredit cards
@teachweb69
@teachweb69 2 күн бұрын
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
@DaytonLee-c1k
@DaytonLee-c1k Күн бұрын
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
@margok904 20 сағат бұрын
True,You are very wise person.🙏
@clonehunterz
@clonehunterz 15 сағат бұрын
go long on water is what youre saying, got it :D
@jackgrimes-wl8fb
@jackgrimes-wl8fb 13 сағат бұрын
@@clonehunterz 🤣
@danielpye7738
@danielpye7738 10 сағат бұрын
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
@MuzzieB 7 сағат бұрын
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.
@nomiz1987
@nomiz1987 Күн бұрын
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
@dezignateddriva 20 сағат бұрын
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
@dezignateddriva 20 сағат бұрын
i'm leaving that typo in there, but it doesnt diminish my viewpoint.
@claudiosantana3320
@claudiosantana3320 5 сағат бұрын
U mean indoctrinated into accepting monetarism or interventionism 😂, its just a scam. Free trade its where is at
@Richard-zg9kp
@Richard-zg9kp 2 күн бұрын
You will own nothing and be happy..
@essential.technology
@essential.technology 2 күн бұрын
And sleep at Walmart's parking lots 😅
@wagyu_killer
@wagyu_killer 2 күн бұрын
nomad life vanlife cheap
@waltdill927
@waltdill927 2 күн бұрын
@@essential.technology I prefer graveyards
@lavoieeric
@lavoieeric 2 күн бұрын
You will own nothing and finish begging in the street , I don't know how that could makes me happy.
@EEKmusic
@EEKmusic Күн бұрын
like owning things made you happy in the first place. thats the trick.
@t60njw
@t60njw 2 күн бұрын
They should be showing this in schools!!!
@libsrthecause
@libsrthecause 2 күн бұрын
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
@unofficialmar Күн бұрын
& then teachers lose their jobs
@michelleelsom6827
@michelleelsom6827 Күн бұрын
Probably the last thing governments want folks educated on
@TheLettersJ
@TheLettersJ Күн бұрын
​@@unofficialmar 😂 yup, teachers have to keep teaching kids to go into debt pursuing a college degree because you're a loser otherwise.
@IB4UUB4ME
@IB4UUB4ME Күн бұрын
Exactly
@lJUSTwanaCOMMENT
@lJUSTwanaCOMMENT 2 күн бұрын
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
@SIMARJEETMEHTA 2 күн бұрын
And in another 20 years. you'll be dead and gone before anything actually happens.
@ethanniedorowski116
@ethanniedorowski116 2 күн бұрын
To much money is bad the rich are just doing everyone a favor
@barrywayne569
@barrywayne569 2 күн бұрын
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
@billgates-qi9st 2 күн бұрын
Yep, same here.
@realworkoutsforrealpeople5041
@realworkoutsforrealpeople5041 2 күн бұрын
Same same.
@mistahsleepy
@mistahsleepy 2 күн бұрын
Gold is $2,800 today. $1800 when the documentary aired 10+ years ago.
@theliftexpert
@theliftexpert 2 күн бұрын
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
@VeritatisQ 2 күн бұрын
​@@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
@waltdill927 2 күн бұрын
@@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
@garybulwinkle82 2 күн бұрын
@@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
@GetRoasted1 2 күн бұрын
@@theliftexpert BTC was $400 10 years ago it’s now $93k
@mikeklement7223
@mikeklement7223 2 күн бұрын
As of November 2024, the U.S. national debt is $36 trillion, crazy what another decade has done since this film was made.
@mpf5381
@mpf5381 Күн бұрын
Elon and Vivek!!!!
@bopndop2347
@bopndop2347 Күн бұрын
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
@nttilley Күн бұрын
Inflation
@curtissill1389
@curtissill1389 Күн бұрын
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
@AndrewOkus 16 сағат бұрын
Thank the Democrats.
@patallen229
@patallen229 2 күн бұрын
The rich wont pay for their wars and protection 😂 now these banks want the poor to pay 😂
@waltdill927
@waltdill927 2 күн бұрын
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
@WhoIsHereIn2025 2 күн бұрын
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
@egoless4762 2 күн бұрын
Sorry but I don't find that funny
@Phil-n7c
@Phil-n7c 2 күн бұрын
@@WhoIsHereIn2025 So there's no such thing as morality just raw power
@waltdill927
@waltdill927 2 күн бұрын
@@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?
@bundleofperceptions1397
@bundleofperceptions1397 2 күн бұрын
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
@bopndop2347 Күн бұрын
The shame is that none of those banksters and friends have to ever worry about what they are going to eat that night
@devinfreeman4540
@devinfreeman4540 Күн бұрын
Bingo, it all ties back to the 🧃
@annonymoushuman25
@annonymoushuman25 Күн бұрын
Probably why a certain german hated juice
@hilpha
@hilpha 18 сағат бұрын
@@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
@annonymoushuman25 11 сағат бұрын
@@bundleofperceptions1397 yes bc the fed regulations or lack thereof allowed the entire world to be turned into their own private casinos
@AbdulRauf-fd1gc
@AbdulRauf-fd1gc 2 күн бұрын
The video helped me understand US finance and debt crisis created by the government.
@htsyami
@htsyami Күн бұрын
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.
@LenaRoss-i9e
@LenaRoss-i9e Күн бұрын
Wow this channel 👏 I was looking for a real insight about this system but truly you’ve made a understandable and a great content
@mani4263
@mani4263 Күн бұрын
What an eye-opening documentary. Thanks for sharing.
@raghavendra1988
@raghavendra1988 2 күн бұрын
It takes lot of hardwork to educate yourselves but its worth it
@RM-lk1so
@RM-lk1so 2 күн бұрын
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
@ethanniedorowski116 2 күн бұрын
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
@GlennRobert-ix6dj Күн бұрын
Gold is money everything else is credit-J P Morgan
@raghavendra1988
@raghavendra1988 Күн бұрын
@GlennRobert-ix6dj partially true but brain is more valuable than gold what's your take
@GlennRobert-ix6dj
@GlennRobert-ix6dj 15 сағат бұрын
@@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 .
@KungPowEnterFist
@KungPowEnterFist 2 күн бұрын
This is a paid commercial advertisement for Gold that was ironically paid for in US Dollars.
@waltertodd4479
@waltertodd4479 2 күн бұрын
Just like the CCP does.
@stevenmontplaisir3541
@stevenmontplaisir3541 2 күн бұрын
Advertisement for sane policies in other words ?
@markdlt2989
@markdlt2989 2 күн бұрын
Exactly. If gold is tied to the dollar in value, keep making the value of gold higher thereby making value of money less?
@waltdill927
@waltdill927 2 күн бұрын
@@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
@kintex6441 2 күн бұрын
​@@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.
@lightsome93
@lightsome93 2 күн бұрын
You cannot print a currency endlessly on top of nothing in reserve. That is it.
@barbossajacksparrow9481
@barbossajacksparrow9481 2 күн бұрын
Yes you can
@lightsome93
@lightsome93 2 күн бұрын
@ technically yes because they are 😭.
@AlaGamesMobile
@AlaGamesMobile 2 күн бұрын
Theoretically you’re right, but unfortunately that is not what the us 🇺🇸 government doing
@lightsome93
@lightsome93 2 күн бұрын
@ I mean ever since Nixon took us off the gold standard the monetary train left the station toward crazy town.
@gezin82
@gezin82 2 күн бұрын
So we need a fixed supply of currency like Bitcoin
@edwardallan197
@edwardallan197 2 күн бұрын
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
@kavaking Күн бұрын
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.
@Passionate_Potato
@Passionate_Potato 2 күн бұрын
Spending money on the people is not a ponzi scheme. Government spending on social services is not the problem. The problem is the government spending more than it makes. Stop cutting taxes for the rich. Stop spending for endless wars. Stop giving out corporate hand outs and supporting corporations who just spend money on stock buy backs. This system needs more spending on social services, less given to private industry and to cut unnecessary spending like the military industrial complex.
@reidwallace4258
@reidwallace4258 2 күн бұрын
You are 200% right, but your in a comments section full of gold bugs and people that don't know how taxes work, so don't expect to change any minds here.
@rafalklepinski7372
@rafalklepinski7372 2 күн бұрын
Imagine if Apple paid their income tax in the US instead of Ireland. So many corporate loopholes it's clearly for the benefit of a select few. In Canada the sum of tax revenue from all the giant corporate oligopolies is only $88B. Contrasted with $212B income tax from workers. The feds give corps billions in hand outs to lure them here and we never see any return on that. Majority of tax revenue is burned on a bloated bureaucracy, with 1 bureaucrat for every 7 people. Over $92B is spent here on federal bureaucrats alone! That's the entire income from corporate taxes. This leaves any social benefits to be paid for with new debt. This system is guaranteed to self-destruct, they all know it but as long as they're "on the take" it will never change.
@i_like_beer-o2f
@i_like_beer-o2f 2 күн бұрын
Lol you have no idea what you're talking about. Social welfare spending is bankrupting us because we have too many old people. We can't afford to increase it. Even if we raised taxes.
@DarlyaFaroeste
@DarlyaFaroeste 2 күн бұрын
Socialism? Well you should know USA hates socialism because it becomes communism.
@johnr7365
@johnr7365 2 күн бұрын
When the corporate rate was cut from 28% to 20% the place I worked gave all of that extra money to his workers in a bonus at the end of the year. Tens of thousands for each employee.
@L8rCloud
@L8rCloud 2 күн бұрын
HILARIOUS…. This documentary was first released in 2012 12 years ago
@jonnyincognito899
@jonnyincognito899 2 күн бұрын
...and needed more than ever to educate people.
@danielhutchinson6604
@danielhutchinson6604 2 күн бұрын
Those of us who understood the effects that the US Spending from the 1060's was difficult to support, seemed to notice. No government will admit they failed at any economic project.
@lucientjinasjoe1578
@lucientjinasjoe1578 2 күн бұрын
And in 12 years how many trillion ad up. Someday, somewhere someone will face the truth 😢
@nickcicione8455
@nickcicione8455 2 күн бұрын
I figured it was that old because I was waiting til the end for the fix of this mess, Bitcoin!
@jerryosullivan6088
@jerryosullivan6088 Күн бұрын
Don't worry the dollar is titanic
@pharenecloristin
@pharenecloristin 2 күн бұрын
An updated documentary that discusses Bitcoin in addition would be great
@doogcat
@doogcat 2 күн бұрын
Did you see the part where he was discussing Ponzi scam?
@pharenecloristin
@pharenecloristin 2 күн бұрын
@ yes I did. What am I missing.
@davidbaumgardner8374
@davidbaumgardner8374 2 күн бұрын
I'll take imaginary things with value for $500 Alex
@c-r3187
@c-r3187 Күн бұрын
Seems like there is more faith and support in Bitcoin, so much so that Blackrock is rushing to buy it all up. 😂
@sergeyrar
@sergeyrar Күн бұрын
One bitcoin is worth $100K - is just a symptom of how worthless the $ has become
@FlorianPierre-ch4sf
@FlorianPierre-ch4sf Күн бұрын
Exceptional video!🔥 I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??
@LincolnCooper-f2p
@LincolnCooper-f2p Күн бұрын
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.
@AdolfSzymon
@AdolfSzymon Күн бұрын
Investing in crypto without professional guidance? I laugh at you, as you'll likely remain stagnant or suffer significant losses that could prevent you from trading further. This is a major issue for many new investors
@charlesrichard5598
@charlesrichard5598 Күн бұрын
I recommend that all beginners find an expert trader to guide them or, even better, to help them trade, just like Expert Mrs. Janet. She does an excellent job.
@Rosshark
@Rosshark Күн бұрын
I'm shocked you mentioned and recommended this wonderful woman Janet, I must say she's very good and her trading program has been insightful, I'm most honored to have been part and a full-time beneficiary of her strategic signals
@jayali525
@jayali525 Күн бұрын
You don't need to be shock because I'm also a huge beneficial of expert Janet. Expert Janet is a world wide cryptocurrency trader and investor expert, The whole world is really talking about her good work
@theAmateurInvestorstory
@theAmateurInvestorstory Күн бұрын
It really takes lot of hardwork to educate yourselves but its worth it. great video
@romeo20maypole68
@romeo20maypole68 Күн бұрын
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
@lukemullins1801
@lukemullins1801 2 күн бұрын
Awesome explanation and really well done doc, cant believe i didnt hear about this before 😢
@danielhutchinson6604
@danielhutchinson6604 2 күн бұрын
Does any Government ever announce their failures?
@JeffButterworth-z5v
@JeffButterworth-z5v 2 күн бұрын
I'm sure all the big kibbitzers know this but don't know how to teach much.
@danielhutchinson6604
@danielhutchinson6604 2 күн бұрын
@@JeffButterworth-z5v The Government assures us that the Currency is OK. They did in 1970 as well. People just forget what the Government promised at one time. History appears to be a Class that was slept through?
@Elyon-f7q
@Elyon-f7q 2 күн бұрын
And all of you let them get away with it!
@Letnothinggotowaste
@Letnothinggotowaste 2 күн бұрын
All of "us"...
@Elyon-f7q
@Elyon-f7q 2 күн бұрын
@ I’m NOT a UNITED STATES CITIZEN. I nationalized myself. United States citizens are Stateless; study the Unconditional 14th Amendment. Nationality is the Order of the Day.
@Nahuatl22
@Nahuatl22 2 күн бұрын
You included. What have you done?
@douglasbullet6456
@douglasbullet6456 2 күн бұрын
All? I wasn't even born when this happened
@Elyon-f7q
@Elyon-f7q 2 күн бұрын
@@Nahuatl22 Nationalized myself! And I got rid of the BIRTH CERTIFICATE, SSN, DRIVERS LICENSE, BANK ACCOUNTS, etc.
@shahid_saiyed
@shahid_saiyed 22 сағат бұрын
wealth, politics and power should not be in the hands of few
@nickmatina6058
@nickmatina6058 3 сағат бұрын
very well done, accurate, informative. you have my sub.
@PerpetualMan22
@PerpetualMan22 2 күн бұрын
The US dollar is only worth 5% of its value in 1900 , and as this video explains it is only going to accelerate ....
@KrisPBacon-ts6vp
@KrisPBacon-ts6vp 3 күн бұрын
This is 2010 and inflation has become far far worse in 2024. When will the world wake up
@shameermulji
@shameermulji 2 күн бұрын
They won't. Too many people get their education from TV
@Ruddermeister
@Ruddermeister 2 күн бұрын
Go tell them. It's too complicated as they're just not interested in educating themselves.
@sabvrao
@sabvrao 2 күн бұрын
The question is - what should those who are aware about this ( people like us, from different countries and professions) actually do ?
@becantonopoulos2604
@becantonopoulos2604 2 күн бұрын
When everything goes “bang”!😮😮
@Soundsaboutright42
@Soundsaboutright42 Күн бұрын
​@@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.
@ddprepper5227
@ddprepper5227 2 күн бұрын
Excellent report 👍👍👍👍👍💯
@PearlTremblay
@PearlTremblay 23 сағат бұрын
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time
@AlexieAuer
@AlexieAuer 23 сағат бұрын
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
@CheyanneSmitham
@CheyanneSmitham 23 сағат бұрын
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
@PearlTremblay
@PearlTremblay 23 сағат бұрын
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Mathew . A widely known crypto consultant
@DawnRempel7
@DawnRempel7 23 сағат бұрын
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...
@RoderickKuhlman57
@RoderickKuhlman57 23 сағат бұрын
I started working with Alex Mathew back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
@paulvandriel2344
@paulvandriel2344 Күн бұрын
A 55 minutes promo for the gold bullion shops. The whole thing shouts "Buy gold, now, now!" Which you should, but not at the premium prices these guys ask.
@jaybirdie.0777
@jaybirdie.0777 2 күн бұрын
I'm glad you made this video it reminds me of my transformation from a nobody to good home, $34k monthly and a good daughter full of love
@DoroBrayan
@DoroBrayan 2 күн бұрын
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.
@BogumilaGrubba-t8y
@BogumilaGrubba-t8y 2 күн бұрын
wow this awesome I'm 47 and have been looking for ways to be successful, please how??
@JoakimPaurell-z2e
@JoakimPaurell-z2e 2 күн бұрын
Thanks to Mrs. Caitlin Albrecht's time in my life, which had a profound impact on me.
@Rebel.kk8
@Rebel.kk8 2 күн бұрын
Caitlin Albrecht has really set the standard for others to follow, we love her here in the Uk 🇬🇧 as she has been really helpful and changed lots of life's.
@BreadChaser-jm9dd
@BreadChaser-jm9dd 2 күн бұрын
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!
@angelachanelhuang1651
@angelachanelhuang1651 2 күн бұрын
self worth is more than money
@michaelphillips4452
@michaelphillips4452 2 күн бұрын
Social security has nothing to do with the federal budget. In fact the government owes social security billions.
@trailerhaul8200
@trailerhaul8200 2 күн бұрын
Lol you know federal collects tax and fund the social security program right?
@nicklll4477
@nicklll4477 2 күн бұрын
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
@RM-lk1so 2 күн бұрын
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
@michaelphillips4452 2 күн бұрын
@@trailerhaul8200 They are seperate taxes. Not connected together for funding the government.
@michaelphillips4452
@michaelphillips4452 2 күн бұрын
@nicklll4477 You do not know what you think you know.
@jonathangardner3694
@jonathangardner3694 2 күн бұрын
As long as private interests wield unchecked power, no system is beyond corruption.
@Tajmaj
@Tajmaj 4 сағат бұрын
I thought was a newer documentary lol its 12 years old!!!! craziness.
@darrylloo4080
@darrylloo4080 2 күн бұрын
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
@hilpha 18 сағат бұрын
What is the alternative?
@darrylloo4080
@darrylloo4080 12 сағат бұрын
@hilpha investing.
@1_keith
@1_keith 12 сағат бұрын
@@hilphabitcoin
@dutchy1121
@dutchy1121 2 күн бұрын
Consider how old this video is (when it was made, I mean, not posted), it is amazing that we still have not seen the collapse.
@danielhutchinson6604
@danielhutchinson6604 2 күн бұрын
The backing that Treasury Provided, has been replaced by military threats. That appears to cost a lot.
@Francis-or6tk
@Francis-or6tk 2 күн бұрын
I highly doubt there will be a collapse in the next 75+ years. If all the countries that are invested in the system are going to “dollar dump”. Then they will destroy their own economy when the US experiences hyperinflation and can no longer purchase goes from them. The take away from this documentary is all the major world economies are invested in this system come hell or high water.
@markomarjanovic8348
@markomarjanovic8348 Күн бұрын
@@danielhutchinson6604 Yep, this is why the US needs to have a boogyman constantly
@souljr.
@souljr. 2 күн бұрын
My god this is an amazing documentary! My vocabulary isn't big enough to describe how good this documentary is.
@dannywchen
@dannywchen 2 күн бұрын
beautiful commentary
@abdulhasham5599
@abdulhasham5599 10 сағат бұрын
This video opened my eyes for new perspective of how money works. How to safeguard ourselves from future uncertainties and invest wisely for a better future. Thank you so much.
@ridds777
@ridds777 Сағат бұрын
It's time to bring back the gold standard and get rid of the Federal Reserve.
@stevenpiehl6199
@stevenpiehl6199 2 күн бұрын
So on our current trajectory, is there a somewhat concise method to know when things turn off like the lights sounds extremely ominous and am in full agreement with your case scenario
@Detvanliga
@Detvanliga Күн бұрын
With Bitcoin as a standard then the central banks do not need to hold it physically or deliver it physically. And the supply is 100% limited. .
@theblogfather
@theblogfather 21 сағат бұрын
Exactly. This documentary is too old lol, it needs to be updated now that the solution is here.
@HumanLinkCenter
@HumanLinkCenter 2 күн бұрын
Nixon said he defended the dollar, but in fact he defended gold outflow to the world...
@alexcarter8807
@alexcarter8807 2 күн бұрын
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
@angelachanelhuang1651 2 күн бұрын
English people complain about money debt
@marcdc6809
@marcdc6809 2 күн бұрын
@@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.
@RobinWisozk
@RobinWisozk Күн бұрын
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
@SalmaNienow-w3r
@SalmaNienow-w3r Күн бұрын
Wow congrats, do you mind sharing how you did it...
@JaredConnelly
@JaredConnelly Күн бұрын
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
@EvalynWilliamson
@EvalynWilliamson Күн бұрын
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
@RobinWisozk
@RobinWisozk Күн бұрын
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Ryan Donald Robert. A widely known crypto consultant
@Johnmark-b3p
@Johnmark-b3p Күн бұрын
I've come across this name before, is he really reliable?
@danielbuckman2727
@danielbuckman2727 2 күн бұрын
26:08 yes you can pay down your debt without collapsing this system but this country would need to start creating a vast amount of value. It's not impossible.
@agritech802
@agritech802 2 күн бұрын
You're completely wrong about Gold. The ability for a country to produce energy and food are what will back a currency and America has both. Forget about Gold
@gmichia
@gmichia 2 күн бұрын
That’s nonsense. It’s back by guns and missile. Take that away. The currency instantly collapsed.
@samirunlu9900
@samirunlu9900 2 күн бұрын
Energy has many forms, it’s not simply electricity ⚡️. It’s like the energy you just put in making a comment, and this is simply replacing now by computing power/energy. Looking at food 🍲 then yeah that’s the only real currency, and if more and more people are being born then the harder food will become to maintain. Soo replacing your energy sources in military with drones so that you don’t need to feed them soldiers. And replacing the workforce employees with automatic fabrication is key to were things is going. Still a country needs military force to keep other countries at bay and the still need humans energy to build this fully functioning system that has a lesser need of actual humans around. Today they still kinda need humans modern slaves around to produce foods and products till they aren’t needed anymore. They alreadhave everyone’s land and there businesses, houses, hotels, forests and farmlands, media like news and newspapers, information in colleges and universities are already under control. Now it’s finding a way to decline human population but in way that doesn’t make a lot of trouble, so that the remanded of these will be (if there are regular citizens leftovers?) easily controlled. Then it would be just the rich and poor but the “gods” and there subjects.
@DanielEdwards-
@DanielEdwards- Күн бұрын
Gold is just a means of currency. Energy isn’t a currency.
@colonelsanders2566
@colonelsanders2566 Күн бұрын
So we should stock oil now, and sell it to the goverment
@Halfpastlife
@Halfpastlife 22 сағат бұрын
Gold is real money and in the near future people will shift their current from paper to gold because people getting aware of that bankers exploiting with interest rate and those paper only one material that can be used for become debt because you cant debt someones who use gold in their daily life due to size and amount of gold itself. As a result it is not sustainable to go further make some groups rich.
@oldgeezer8038
@oldgeezer8038 2 күн бұрын
I see this emphatically "it's impossible for our economy not to collapse"!!!!!!!!!
@mydressmemos
@mydressmemos 2 күн бұрын
The economy is struggling with uncertainties, global fluctuations, and the lingering effects of the pandemic, leading to instability. Rising inflation, slow growth, and trade disruptions require immediate action from all sectors to restore stability and promote growth.
@winifred-k9e
@winifred-k9e 2 күн бұрын
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
@DerraKormino
@DerraKormino 2 күн бұрын
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
@JacobsErick-u8r
@JacobsErick-u8r 2 күн бұрын
Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
@DerraKormino
@DerraKormino 2 күн бұрын
Melissa Terri Swayne is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@LUCIASMITH-d1z
@LUCIASMITH-d1z 2 күн бұрын
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
@htsyami
@htsyami Күн бұрын
Money has always been “worthless”… it’s just an agreed upon medium of exchange. Even alternatives like gold, sliver or bitcoin is worthless. You can’t eat or drink those things. All that matters is we collectively agree to use some medium of exchange for it to hold value. We really need to evolve past this notion that “money” inherently has value. The same way we evolved past barter to money in the first place.
@anthonynorris1016
@anthonynorris1016 10 сағат бұрын
When I was a boy of 14 my father was so ignorant I could hardly stand to have the old man around...now that I have reached 21 it is truly amazing how much he has learned in the past seven years...
@Richard-zg9kp
@Richard-zg9kp 2 күн бұрын
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.
@BellaGurl-sg1ti
@BellaGurl-sg1ti 2 күн бұрын
I'm retired at 47, This video here reminds me of my transformation from a nobody to having over 65,000 biweekly profit, a honest partner and a good daughter full of love ❤
@GabrielGodstime
@GabrielGodstime 2 күн бұрын
I can still remember the exact feeling on my biggest payday in the market. Imagine taking home $407k just from 12k initial deposit. For the newbies I'll encourage anyone to embrace copytrade as the best approach especially when you're a newbie
@MonicaJuliana-r4p
@MonicaJuliana-r4p 2 күн бұрын
🙏*12k to 407k is significant increase. My first copytrade wasn't profitable. Please share who you copytrade *
@GratfyMoore
@GratfyMoore 2 күн бұрын
I'm highly inspired. Please spill some sugar about the bi-weekly stuff you mentioned
@BellaGurl-sg1ti
@BellaGurl-sg1ti 2 күн бұрын
I only copytrade one manager
@BellaGurl-sg1ti
@BellaGurl-sg1ti 2 күн бұрын
"He's mostly on the telegrams with his ID Below
@sailingmohican2767
@sailingmohican2767 2 күн бұрын
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.
@seanhewitt603
@seanhewitt603 2 күн бұрын
7:15 The US dollar "abandoning" the ties to gold's value allowed the gold reserves to be PRIVATIZED...right?, I mean, why else would they loosen the restrictions around who can stockpile gold.
@Robischek
@Robischek 11 сағат бұрын
We went from 3trillion to 30trillion since this documentary from 2012. I don't see any issue with pushing to higher grade called quatrillion, quintillion, sextillion in the future. The road we kick the can down has basically no end whatsoever. The system is fine as it is. Rule #1, do not save money in form of a fiat currency. You're welcome.
@somnuknordbotn2657
@somnuknordbotn2657 2 күн бұрын
The hell on this earth is the PAPER currency that just printing out of thin air.
@Rustyrailhead
@Rustyrailhead 2 күн бұрын
Bitcoin is nothing
@bwoodlandave
@bwoodlandave 2 күн бұрын
Zeitgeist Addendum 😮😢 a great watch on KZbin
@TheBookofTruth-fn1bh
@TheBookofTruth-fn1bh 2 күн бұрын
@@Rustyrailhead 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
@waltdill927 2 күн бұрын
now Elon and X . it achieves the same results.
@eliot5220
@eliot5220 2 күн бұрын
You don’t need anything to back a currency. You just don’t put a lot into circulation too fast. That’s the problem.
@specialfred453
@specialfred453 Күн бұрын
This documentary is a complete waste of time. It focuses on how our money isn't backed by gold, as if that matters, but ignores the fact that income inequality, corporate consolidation, the Friedman doctrine, shareholder primacy, deregulation, and tax cuts for the wealthy are the real causes of the problems we find ourselves in. Perfectly ordinary corporate greed. It did start in the 1970's, but not for the reasons they say
@matmc4750
@matmc4750 Күн бұрын
Tell me you don't know how to make money without telling me.
@theblogfather
@theblogfather 21 сағат бұрын
I agree, its a shill documentary for gold, hence why peter schiff is in it. If this was an honest documentary they wouldve had a section about Bitcoin which solves literally EVERY SINGLE ONE of the problems of fiat currency.
@harmonylovelace3765
@harmonylovelace3765 Күн бұрын
How many of these guys are precious metal brokers? I recognize one for sure. Just curious
@ShaylaSchaefer-j8k
@ShaylaSchaefer-j8k 2 сағат бұрын
Excellent content! What’s your perspective on Step Finance’s positioning in the market?
@markomarjanovic8348
@markomarjanovic8348 Күн бұрын
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.
@raghavendra1988
@raghavendra1988 2 күн бұрын
If you print dollars without accountability it bdcomes scrap waste
@troycambo
@troycambo 2 күн бұрын
so why is it still the strongest most accepted currency worldwide? A: bc it's backed by oil and the US war machine.
@RM-lk1so
@RM-lk1so 2 күн бұрын
That's inflation
@PonziZombieKiller
@PonziZombieKiller 2 күн бұрын
It's gunna crash like a mofo now... Oringeman knows Bankruptcy very well... 😮
@angelachanelhuang1651
@angelachanelhuang1651 2 күн бұрын
Americans complain about debt
@animes-ao4006
@animes-ao4006 Күн бұрын
THIS IS EXACTLY WHAT I WAS THINKING!! NOW MORE THAN EVER, WE NEED TO WAKE UP
@sonnygunz9207
@sonnygunz9207 5 сағат бұрын
I wish everyone could watch and understand this video.
@Mark_zist_Anonoymous
@Mark_zist_Anonoymous Күн бұрын
I remember watching this when it came out, and at the time, I took it at face value when I was younger and what I didn't notice is why don't they talk about the greed of wallstreet, inflation is the cost of goods going up but if businesses are making record profits and if government doesn't raise the prices business does then it seems to me that these guys were leaving out the most important part of the system. Corporate greed/American Oligarchy.
@hjooy
@hjooy 2 күн бұрын
Well, the documentary is from 2012. Today, 12 year later... Nothing changed.
@NorthStarPNW
@NorthStarPNW 2 күн бұрын
Well... it's gotten worse.
@mpf5381
@mpf5381 Күн бұрын
Yes something changed. The problem has compounded...
@BertusVerbrugge
@BertusVerbrugge Күн бұрын
Bitcoin happened
@theblogfather
@theblogfather 21 сағат бұрын
The solution is here and it is called Bitcoin.
@cheaplaughkennedy2318
@cheaplaughkennedy2318 2 күн бұрын
Since 2008 , any GDP growth has largely been driven by debt , and entirely by debt over the last 4-5 years! It doesn’t matter whether stocks hit 50,000 or 100,000 , it is all based on “monopoly money…………it isn’t real.
@owenbenson7650
@owenbenson7650 2 күн бұрын
Gold does not solve the problem of bad money policy. These guys are nuts!
@theblogfather
@theblogfather 21 сағат бұрын
Bitcoin does.
@careycraig4360
@careycraig4360 Күн бұрын
EXCELLENT PRESENTATION!!🙂👌
@genaironvilla9226
@genaironvilla9226 2 күн бұрын
Why do these analysts leave out the biggest contributors to inflation: the wealthy assetholders who pump up the prices of housing, goods and services with their piles of fiat money, who keep wages low, create unemployment etc. so that the middle class and poor get poorer. Where is their responsibility in the social contract? Why are they not held accountable for their share in this economic decline?
@boomconstruction4907
@boomconstruction4907 2 күн бұрын
I've heard deflation is an equal bad. I believe going back to the original sustainable efforts of pioneering cities. Cities used to be created on the idea of substainability which is why they were built on rivers and around farmable land. If each city looked at ways to support its people, like growing needed food, mining building materials, pumping its own oil, sustainable lumber practices etc, instead of everybody being so dependent upon globalization to get anything needed in life, regardless of economic stability we would be close to our necessity items. Perhaps this is why the 20s roared. We supplied, we built, we didn't depend. Is it possible? I'm not a mathematician, but every plant and animal makes multiples of itself. Ex. 1 corn kernel x one season equals a few bushels of corn. 1 pinetree mature = 100+ pinecone. Etc the point is necessity items are largely easily reproducible.
@davehendricks4824
@davehendricks4824 2 күн бұрын
One corn kernel doesn’t equal bushels of corn. It equals one ear. Follow true facts.
@boomconstruction4907
@boomconstruction4907 2 күн бұрын
@davehendricks4824 apologies for incorrect terminologies. The point stands that alot of necessity items are self replicating, and having the power to control the supply in the hands of corporate interest has seemed alot more harmful for the substainability of people's goods than when towns did a better job supplying their own. We owned the supply chains that have since the industrial revolution moved away. I personally would rather my city taxes went toward substaining food supply and raw goods, than to continue maintaining the falling apart infilstructior. These investments it seems to me always benefit the top sector and widen a gap between the lower sector.
@davehendricks4824
@davehendricks4824 2 күн бұрын
@ I gotcha!
@shaikthegangsta
@shaikthegangsta 2 күн бұрын
Will the stocks we own become worthless too?... Only gold, silver will be the valuable stock?
@thoughtcriminal-k5l
@thoughtcriminal-k5l 22 сағат бұрын
NO, the stock you own will go up to a million dollars, but so will a loaf of bread. The whole point is to print trillions of dollars out of thin air to steal from everyone who works for dollars.
@michaelvoigtlander9721
@michaelvoigtlander9721 2 күн бұрын
The title of the video is incorrect. It ought to say, "The global financial system is a pyramid scheme".
@someonenotnoone
@someonenotnoone Күн бұрын
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.
@MrGeorge01
@MrGeorge01 18 сағат бұрын
A very educational and true video. Thank you.
@pbeeby
@pbeeby 5 сағат бұрын
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.
@CoachCaine23
@CoachCaine23 2 күн бұрын
It's a matter when... 2025~2030 perilous times
@Griimnak
@Griimnak 2 күн бұрын
8:30 dude damn, it just hit me that this is basically happening with crypto currency right?
@TheBookofTruth-fn1bh
@TheBookofTruth-fn1bh 2 күн бұрын
Exactly what is happening with crypto currencies? What's your point?
@Griimnak
@Griimnak 2 күн бұрын
5:50 This kinda seems nuts. They essentially trapped you, forcing you into dealing with dollars
@marcostexeira9106
@marcostexeira9106 Күн бұрын
It doesn’t matter at what part of the world you are or time in history, there are no guarantees. Enjoy times of peace and hope for no war at home.
@stevebeschakis9775
@stevebeschakis9775 2 күн бұрын
If commodities like gold derive their value from scarcity, how do we distinguish commodities from crypto currency, whose supply is also fixed? Also, "documentaries" are almost invariably descriptive in nature. This one started out descriptive--and therefore credible, imo--but became normative, moving from a description of historical facts and current events, to suddenly suggesting what individuals ought to do. This is a bit of a red flag to me. I'm not suggesting that buying gold isn't a prudent course of action; I just got the feeling I was watching an ad.
@Ozjockey111
@Ozjockey111 2 күн бұрын
this is an OLD video
@alexcarter8807
@alexcarter8807 2 күн бұрын
I was pretty sure I'd seen this years ago, thanks.
@GeorgeKarayannis
@GeorgeKarayannis 2 күн бұрын
and?
@L8rCloud
@L8rCloud 2 күн бұрын
@@GeorgeKarayannis …and…..??? You must be one of the ‘smart ones’ that wear those red hats. 😂
@AlaGamesMobile
@AlaGamesMobile 2 күн бұрын
Still evergreen video, still relatable in present time
@Ruddermeister
@Ruddermeister 2 күн бұрын
So?
@petersuvara
@petersuvara 2 күн бұрын
Complete nonsense. The premise of this entire video is based on a simple fallacy, that the USA does not produce anything to pay back the bonds it sells. Last time I looked, the USA budget generated just a few trillion dollars…. Please research economics before believing this video.
@singhpunjabi7863
@singhpunjabi7863 Күн бұрын
The thing is most of US consumer household stuff is coming from china, almost 70-80% merchandise in walmart is produced in china, apart from food and weapons , Us doesnt produce much for the world to consume, china does.. while US economy is producing billions, the interest and govt. Decifit grows in trillions, it is so unsustainable..that is the point of whole video
@yourinluck
@yourinluck 2 күн бұрын
Government always steps in with policy after disaster 😂 never before
@RoyVickers-s8d
@RoyVickers-s8d 2 күн бұрын
You worry to much lol🥵 Don't worry, Trump will make America GREAT again! 🥴🤣
@Ruddermeister
@Ruddermeister 2 күн бұрын
​@@RoyVickers-s8dsure...if pigs could fly lol.
@ElyWaves.
@ElyWaves. 9 сағат бұрын
Bitcoin is an alternative to gold. This video is an advertisement for gold. Bitcoin is better than gold in nearly every mutable way. It’s the best money ever created. Own both but if you haven’t, research Bitcoin. You won’t regret it (unless you’re Peter Schiff & missed the boat big time)
@parkermeng
@parkermeng 2 күн бұрын
Amazing documentary. Thank you very much!!
“Everyone Who Can Exit The UK Is Leaving” - Konstantin Kisin
17:13
Chris Williamson
Рет қаралды 529 М.
The Great Reset and The Rise of Bitcoin | The Mother Cryptocoin
1:17:48
HORIZON - Future Tech Infotainment
Рет қаралды 33 М.
Каха и дочка
00:28
К-Media
Рет қаралды 3,4 МЛН
UFC 310 : Рахмонов VS Мачадо Гэрри
05:00
Setanta Sports UFC
Рет қаралды 1,2 МЛН
coco在求救? #小丑 #天使 #shorts
00:29
好人小丑
Рет қаралды 120 МЛН
Chain Game Strong ⛓️
00:21
Anwar Jibawi
Рет қаралды 41 МЛН
Rate Cut Uncertainty in 2025 DiMartino Booth with Bloomberg Surveillance
8:13
Danielle DiMartino Booth
Рет қаралды 8 М.
“The Government Is Lying!” - Why America Has Gone INSANE | Nick Freitas
2:03:51
Money, Power and Wall Street, Part One (full documentary) | FRONTLINE
53:19
FRONTLINE PBS | Official
Рет қаралды 6 МЛН
It's Bigger than Diddy
1:57:42
F.D Signifier
Рет қаралды 2,4 МЛН
Inside OpenAI's Turbulent Year
14:05
ColdFusion
Рет қаралды 239 М.
Cryptopia | AWARD WINNING DOC | Digital Cash | Web 3.0 | Bitcoin
1:26:34
Economy in Transition | Future of Finance
1:08:27
HORIZON - Future Tech Infotainment
Рет қаралды 25 М.
The Retirement Gamble (full documentary) | FRONTLINE
53:18
FRONTLINE PBS | Official
Рет қаралды 9 МЛН
Каха и дочка
00:28
К-Media
Рет қаралды 3,4 МЛН