Thank You Matt, been watching since day one. It's great to be able to hear others who know what is happening. And the daily reminders of taking care of our health and bodies.
I was told in Darmstadt Germany in 1988 from old Germans who were children after WW I about them hyperinflation of their Weimar government and how they needed stacks of cash just to buy a cabbage, a basket of eggs, cheese, bread and otter food staples. One man had a paper route on which he would carry a large wicker basket on his deliveries for all the cash he would collect to be turned in. Everyone including his father would bring in their cash together at his house on Friday the his mom would shop for food immediately before the prices rose more on Saturday. Folks it’s not a stretch to think it could happen year too
At least the German beers and wine are much better than American piss water. They have a niche that Americans want to emulate and its talent and industrial efficiency. I asked a Bundeswehr Panzer tank crew to swap rations and it was totally Michelin quality food (goose pate and brochen in white wine). They have a brain washed mentality that its mandatory to be "The Good Germans".
@@royalpitamamma yes they said they would use older silver or gold coins (marks) to buy instead of the bundles of cash. The merchants would actually hide the better cabbage, Frits and other items in the back of the store for gold, silver or other tangible barber items. They would also go out to the country on trains, horse carts or long walks and trade silverware, tools, and even luxury items like furs, jewelry, crystal ware, chandeliers and pianos to trade for sacks of potatoes, beets , slabs of beef, chickens and hams. Much if it was actually illegal but when you’re starving even most polizei (police) and train conductors looked the other way or were bribed with food or silver too. It’s not just precious metals it’s barter items. These issues weren’t cured until 1934 1 year after the Nazis came to power with soup lines and industrial work for German Rearmament for WWII. Unemployment went away quickly.
@@tomcat6735 many if their foods such as beer have strict manufacturing processes and laws as well as other European countries. The German beer laws called “Rheinheitsgebot” limit exactly what goes into their beers especially grains and is far more natural than American beers. Their hot mess hall foods and MRES equivalents are also more natural tasting and packaged. No “beef crumbles” but real shredded beef in their MRES. The French army had the best tasting food of all the armies I’ve ever eaten. Russian MRES are quite nutritious and robust too.
Matt , you are bang on correct here . This may be your best and most informative video yet . Hyperinflation is a given if the US continues to print as they are currently doing . Please research what happens to their stock markets as these countries went into hyperinflation , they don’t go down as most would expect , they go parabolic ⬆️ . Excellent video , hope it wakes people up.
Argentina was a study topic in Econ class for me, they were starting to have problems as I remember even in the late 1970s and after 1980 they started printing a lot of money. It got quite bad even before 1990.
The Lawyer on my street is selling his house and getting liquid. Other people are also selling . I am confused ........should I sell now ?? People are NOT spending. There is so many RV's up for sale and now boats. WHO has the money to buy them ?? I think the FEAR factor is setting in. I have never seen anything like this . What is going to happen in months from now ???
In 1992 I obtained my Bachelor's from Florida International University and the yeat after I was dating an Argentinean-Jew Pshycologist who was working at my office. We lasted nearly 3 years dating. She invited me in a trip to Az. I then fell in ❤ with Az and never saw her after we broke up😊.
This country wont be any different from Argentina in a few years. Hope we wont get to a time where you need to spend all your money in the morning before it loses its value in the afternoon of the same day.
Argentina is making a comeback. Their inflation is actually improving even if it is slow. At least the government there has stopped digging the hole with uncontrolled spending. It is expected that inflation will get worse for a while before it gets better, but it WILL get better if they stick with the program and avoid borrowing any money from the IMF. As bad as things are there they're on the right path...which is exactly the opposite direction from the USA.
I was in Buenos Aires for 3 months last year cost of living is so cheap down there a large pizza and a 3 liter coke for $3 usd rent was $300 usd eating out at a luxury restaurant was $10-20 usd the dollar takes you very far down there
WEF is not trying to destroy Argentina. They are controlled. The US is targeted for take-down because the WEF goons cannot control the world if we remain a super-power. That's why all this is happening to us. It's a coup.
George Gammon was just in Argentina and he was bashing gold on CP last night. He claims gold and silver aren’t money and also he said nobody in Argentina wants gold or silver, they all want the dollar or pesos. I think he’s spinning a anti gold and silver narrative for some reason? Either way, his interview was pretty much just him bashing gold so I’m thinking he’s got an agenda back to some of his banking buddies. Canadian prepper asked him if gold is so worthless, why is it going up and why is China and Russia and almost every central bank in the world buying it? This question flustered him, lol, he looked like a clown. Maybe he’s in bed with Dave Ramsey the other gold and silver hater? Lol.
Good comment. But not funny at all. Thot Gammon would be a PM fan. Guess he's a sell-out to WS after all. Surely he knows the truth about g/s...wondering if he's in the bitcoin camp.
I was 12 in 1993 you probably already had your law career underway or just about underway in 1993, Clinton was president then I was not a fan of the Clinton Administration
I was 13 and I remember the LA riots from the year prior. I too hated Clinton. I wanted Ross Perot. In school I was invested in Hubba Bubba during our math class "stock market" game. I played flight simulators every second I could when I wasn't doing math or coding the computers. It was a good time to be alive. So much hope and promise. I went on to learn 3 more computer languages only to do nothing with them.
Look at the Rebel Capitalist trip to Argentina and trying to use metals to get by down there. People are making all sorts of assumptions about how things will be but I doubt many have much of an idea. Some will guess correctly.
Look how many Seniors out their working after retirement When you mention anger, I understand that. What in the world can we do to rebel that this is going on. The middle class is losing with inflation. But why isn’t something being done. When you mentioned last nite about when you make $196,000 per month to be doing well in Tennessee. That must have been a person that is rich… We are getting buried out here with expenses. I guess if we alive and breathing we should be grateful!
Yes there's debt but the U.S. dollar remains strong. I think the next world reserve currency will be set by the next world war victor. Thanks Mr. Matt! 👍
@@JoesIceCreamCone Purchasing power is down because of inflation but the U.S. Dollar Index (DXY) is holding up quite well against other influential currencies.
I work in NJ. Not too far from NYC. We did ok during Covid. But now we’re having dry spells. Some days are fine. Other days we’re doing busy work to keep busy. The work is automotive wholesale.
Thank You Matt, been watching since day one. It's great to be able to hear others who know what is happening. And the daily reminders of taking care of our health and bodies.
Thanks, Matt, another insightful video
I was told in Darmstadt Germany in 1988 from old Germans who were children after WW I about them hyperinflation of their Weimar government and how they needed stacks of cash just to buy a cabbage, a basket of eggs, cheese, bread and otter food staples. One man had a paper route on which he would carry a large wicker basket on his deliveries for all the cash he would collect to be turned in. Everyone including his father would bring in their cash together at his house on Friday the his mom would shop for food immediately before the prices rose more on Saturday. Folks it’s not a stretch to think it could happen year too
Did no one have gold or even silver?
At least the German beers and wine are much better than American piss water. They have a niche that Americans want to emulate and its talent and industrial efficiency. I asked a Bundeswehr Panzer tank crew to swap rations and it was totally Michelin quality food (goose pate and brochen in white wine). They have a brain washed mentality that its mandatory to be "The Good Germans".
@@royalpitamamma yes they said they would use older silver or gold coins (marks) to buy instead of the bundles of cash. The merchants would actually hide the better cabbage, Frits and other items in the back of the store for gold, silver or other tangible barber items. They would also go out to the country on trains, horse carts or long walks and trade silverware, tools, and even luxury items like furs, jewelry, crystal ware, chandeliers and pianos to trade for sacks of potatoes, beets , slabs of beef, chickens and hams. Much if it was actually illegal but when you’re starving even most polizei (police) and train conductors looked the other way or were bribed with food or silver too. It’s not just precious metals it’s barter items. These issues weren’t cured until 1934 1 year after the Nazis came to power with soup lines and industrial work for German Rearmament for WWII. Unemployment went away quickly.
@@tomcat6735 many if their foods such as beer have strict manufacturing processes and laws as well as other European countries. The German beer laws called “Rheinheitsgebot” limit exactly what goes into their beers especially grains and is far more natural than American beers. Their hot mess hall foods and MRES equivalents are also more natural tasting and packaged. No “beef crumbles” but real shredded beef in their MRES. The French army had the best tasting food of all the armies I’ve ever eaten. Russian MRES are quite nutritious and robust too.
Evening . You look. Rested BLESS
We need a REAL PRESIDENT
TRUMP 2024❤️❤️
HELL YES WE DO!!!!!
God bless you 🙏 ❤️
Matt Thank you
So now is a great time to buy a house? It is if inflation is about to take off. I think not.
So inflation isn’t just transitory 🤔😆
Liars
Inflation is the horse out of the barn , it’s not going back as they print to oblivion
@@nightrod2237 Exactly
Never has been and never will be
@@wolverine9079 you need educated
Just got my car insurance renewal policy: my uninsured MOTORIST part of the policy went up about 50%.
You do you....we'll be here
Why are there so many legal firms advertising on TV. Are we all on the verge of being sue happy or what.
Hope all is well for everyone ❤😢
You too.
Matt , you are bang on correct here . This may be your best and most informative video yet . Hyperinflation is a given if the US continues to print as they are currently doing . Please research what happens to their stock markets as these countries went into hyperinflation , they don’t go down as most would expect , they go parabolic ⬆️ . Excellent video , hope it wakes people up.
My 2 cents Stock Market will rise by 15% till The election then Fall
Argentina was a study topic in Econ class for me, they were starting to have problems as I remember even in the late 1970s and after 1980 they started printing a lot of money. It got quite bad even before 1990.
Great show Matt, thanks!
The Lawyer on my street is selling his house and getting liquid. Other people are also selling . I am confused ........should I sell now ?? People are NOT spending. There is so many RV's up for sale and now boats. WHO has the money to buy them ?? I think the FEAR factor is setting in. I have never seen anything like this . What is going to happen in months from now ???
Doctors and Dentists are doing the same here. The local pharmacist who has been a fixture here so ld his business. He said he is getting out.
Thanks for sharing
In 1992 I obtained my Bachelor's from Florida International University and the yeat after I was dating an Argentinean-Jew Pshycologist who was working at my office. We lasted nearly 3 years dating. She invited me in a trip to Az. I then fell in ❤ with Az and never saw her after we broke up😊.
Well, that is an interesting way to spell
Psychologist. Maybe that is why she
'broke up' with you.
This country wont be any different from Argentina in a few years. Hope we wont get to a time where you need to spend all your money in the morning before it loses its value in the afternoon of the same day.
It'll be the worst economy in the world in a few years
Argentina is making a comeback. Their inflation is actually improving even if it is slow. At least the government there has stopped digging the hole with uncontrolled spending. It is expected that inflation will get worse for a while before it gets better, but it WILL get better if they stick with the program and avoid borrowing any money from the IMF. As bad as things are there they're on the right path...which is exactly the opposite direction from the USA.
Thank you Ox
I was in Buenos Aires for 3 months last year cost of living is so cheap down there a large pizza and a 3 liter coke for $3 usd rent was $300 usd eating out at a luxury restaurant was $10-20 usd the dollar takes you very far down there
How's the crime and weather.
WEF is not trying to destroy Argentina. They are controlled. The US is targeted for take-down because the WEF goons cannot control the world if we remain a super-power. That's why all this is happening to us. It's a coup.
Business is very good. I get many new clients a day. Corrections
God bless you. Just retired 25 years. Stay safe.
and yes! inflation will keep going like a sprint race
You know we will be in deep Kimchi when they bring back the $500/$1000 bills. We used to have the $5000/$100000/$1000000 bills.
Thanks Matt for another great video!
The hundred dollar bill will be the hundred trillion dollar bill soon.
George Gammon was just in Argentina and he was bashing gold on CP last night. He claims gold and silver aren’t money and also he said nobody in Argentina wants gold or silver, they all want the dollar or pesos. I think he’s spinning a anti gold and silver narrative for some reason? Either way, his interview was pretty much just him bashing gold so I’m thinking he’s got an agenda back to some of his banking buddies. Canadian prepper asked him if gold is so worthless, why is it going up and why is China and Russia and almost every central bank in the world buying it? This question flustered him, lol, he looked like a clown. Maybe he’s in bed with Dave Ramsey the other gold and silver hater? Lol.
Good comment. But not funny at all. Thot Gammon would be a PM fan. Guess he's a sell-out to WS after all. Surely he knows the truth about g/s...wondering if he's in the bitcoin camp.
I was 12 in 1993 you probably already had your law career underway or just about underway in 1993, Clinton was president then I was not a fan of the Clinton Administration
I admire you.
Clinton's are worth $350M. How did they accumulate such vast wealth as politicians? They stole it from you and me.
I was 13 and I remember the LA riots from the year prior. I too hated Clinton. I wanted Ross Perot. In school I was invested in Hubba Bubba during our math class "stock market" game. I played flight simulators every second I could when I wasn't doing math or coding the computers. It was a good time to be alive. So much hope and promise. I went on to learn 3 more computer languages only to do nothing with them.
We have hope a promise soon to come TRUMP 🙏🏼 is coming back to the white house!!
I played a lot of street fighter 2 games in the 90's and I still do today
👌🌎🏆✊🇧🇷
Look at the Rebel Capitalist trip to Argentina and trying to use metals to get by down there.
People are making all sorts of assumptions about how things will be but I doubt many have much of an idea.
Some will guess correctly.
Ox talks 👍
Look how many Seniors out their working after retirement When you mention anger, I understand that. What in the world can we do to rebel that this is going on. The middle class is losing with inflation. But why isn’t something being done. When you mentioned last nite about when you make $196,000 per month to be doing well in Tennessee. That must have been a person that is rich… We are getting buried out here with expenses. I guess if we alive and breathing we should be grateful!
Yes there's debt but the U.S. dollar remains strong. I think the next world reserve currency will be set by the next world war victor. Thanks Mr. Matt! 👍
Yep. Either China, Russia or India. We'll be their little B's.
The dollar is the best 💩 in punch bowl. It’s lost 25% of its value.
@@JoesIceCreamCone Purchasing power is down because of inflation but the U.S. Dollar Index (DXY) is holding up quite well against other influential currencies.
I work in NJ. Not too far from NYC. We did ok during Covid. But now we’re having dry spells. Some days are fine. Other days we’re doing busy work to keep busy. The work is automotive wholesale.
I own a small business and so far so good I have a nitch business .. I drive a lot so was nice gas went down a few Pennies..
TRUMP RULES 2024 !!!!
trump and the WHO
wrong. thanx for playing
Yes go Trump. He's much better than a old sloppy Joe who keeps screwing things up.
Wouldn't it be something if the Dollar Collapsed on Juneteenth 🎉🎉🎉
Un subscribed no regrets.
Because he is correct and it does feel good , don’t let the door hit you
Gosh what an awful thumbnail. Who cares if you have 200$