Ive stumbled across your channel and in less then 2 hours you taught me more about economics then my 3 year business class 😂 happy to be here before you blow up. Your research and presentation 2nd to none.
Only last week I started going over my old economics lectures (specifically economic forces leading up to WWII and Bretton Woods) as a catch up and you post this video. Amazing stuff again. Easily the best small crypto channel atm, the way you look at economic history and the present macro, brings a brilliant context to your analysis. I hope one day you have millions of subscribers
I have seen this before. A guy finds a crypto, starts a channel, goes hard and tells everyone to buy it. 4y later, the price moons. They vanish. No more videos.
Fantastic video! I did thoroughly enjoyed it, thanks heaps Miko. While Kaspa is the ultimate monetary technology it is important to explain people what has been going on with their money throughout the last hundred years and why keeping fiat is riskier than switching to a peer-to-peer PoW permissionless electronic currency system. Looking forward to watching Part 2.
thank you for compiling all this information and sharing your opinion, I believe everyone should spend some time to actually understand the economic history of this world to forsee where we are heading in the near future, hopefully we will birth a new great era around 2030
Speaking of WW1 and world reserve currencies, it doesn't take much research to learn the reason why Great Britian had a huge problem with Germany and why they had to destroy Germany in WW2. The German economy was growing into the strongest economy in Europe and could have become the world's reserve currency if they had been left alone to continue growing at a rapid industrialized rate. Even the US felt threatened by this and is the main reason the US joined the war despite what "history" has to say about it. Germany never wanted war.. They tried to avoid WW2 but Great Britian wouldn't stand for this. Everything they teach us about WW2 is a lie... As they say "History is written by the victors".... We're supposed to believe that WW2 was all about a specific people that I can't even speak about without the risk of violating YT rules. It was about money and global power and per usual. Banks in Germany were waging financial war on Germany for years and that's why Germany had a domestic problem with the people we're not allowed to speak of because they controlled the banks.
The problem with your theory is that not every person of the people that can't be named were the heads or owners of banks. So when Germany needed a scapegoat they conveniently used not just the ones in power but the all of these people. The most telling fact is that when at the most critical point in the war, instead of using this huge "undesirable" workforce they instead chose to murder those that might have tipped the war in their favor if they'd only allowed them to work towards the war effort. They were so lost in ignorant hatred that they would rather lose the war than allow those people to live - most of which had nothing to do with their banking crisis at all. Maybe the banks were controlled by some of those people and maybe the banks were waging financial war, but what Germany chose to do about it at least contributed to and may have caused them to lose the war and defined Germanys everlasting shame.
The debt/gdp ratio is a relative factor and not an absolute one. If fiat of other major economies have worse debt/gdp than US (China at 287%, Japan 263%) then USD still wins. Imagine if overnight, everyone in the world gets 3 zeros added in the bank account and every service is now 1000x - will your purchasing power decrease? No, it will cost 1000x more but your purchasing power remains the same. As long the multiple by which USD loses value due to money printing is less as compared other fiat - USD will still continue to maintain its dominance.
8:24. Does an increase in population not cause prices to drop? If population doubles while the money supply is unchanged, then the same money supply has to satisfy tvixe as many people. Companies can’t raise the prices, just because of an increase in demand, because the money supply is not enough for that. The same amont of money has to satisfy more people, so each unit gets more purchasing power. So the increqse in population should have caused deflation, but because of money creation, there came inflation. Or?
Two questions.. What do you mean that the wages are lowering over time since the 70s? Because the wages are actually increasing. Do you mean something else like wages divided by GDP? Also, what do you mean the economic revolution is coming in the form of AI? Thanks for the vid.
Wow. Just Wow. I have never been interested in money or being rich. But BTC & Kaspa have transformed me and opened my eyes. It seems to me Kaspa doesn't just solve the trilema. It also offers us a solution to saving the global economy and a potential to have a ready made solution for mankind as we spiral out of world debt. Thank you brother for this masterpiece. I salute you. ❤
So if the USD fully collapsed all assets will be revalued eventually. But all assets will hyperinflate before. So that means even things like gold and ailver will be way overvalued. What do you buy?
Do you have any books that you recomend, just in general regarding this subject for someone that has already read a couple books about Sound money and Crypto?
This is a good video but 8:20 there is no such thing as "demand driven inflation". Inflation is always, ALWAYS driven by quantity of money (and money velocity), which is exemplified by Milton Friedman's equation of exchange. To put it in normal terms, if Boomers were being paid out so much that they consumed more, the people who were actually paying them out would have considerably LESS money to spend (that is, if the money supply actually were fixed) and it would even out on the price side of overall goods. But the money supply wasn't fixed. The great inflation was driven by the gold reserves no longer matching the dollar supply, and that was where this boom in wages came from in the first place. Just because the wage force expands, with a fixed supply, that would just mean less jobs and more unemployment. More people would normally cause DEFLATION because there's the same amount of money to go around for more people. It was all (effectively) printing. Always has been.
it's an important distinction because you seem to be saying increased consumer demand will always lead to inflation, not so. The grave mistake US made was not pegging the dollar to gold before it was "officially" admitted by Nixon. The peg had already gone long before, due to some corruption somewhere in the banking system.
Perhaps it would be better to say that the population increase caused a "Supply driven deflation in wages". But the same principal applies - wages would have fallen in real terms vs goods and services
You are giving the Fed too much credit by saying they are well-intentioned. Don't forget they are all ex-bankers and often get even more comfortable banking positions after they retire from the Fed.
Babe wake up, Plan K dropped another banger.
Im a simple man
See a Plan K video - like the video, add to watchlist, and buy more KAS
💯💯💯
Imagine this being one of the most important and directly impactful content in life, and 99% of people are unaware of it.
So you mean 1 out of 100 knows what is happening...? Maybe 1 in 1000.
Criminally underrated channel.
I'm glad I happened to stumble upon one of your videos.
Ive stumbled across your channel and in less then 2 hours you taught me more about economics then my 3 year business class 😂 happy to be here before you blow up. Your research and presentation 2nd to none.
Everyone needs to watch this
Only last week I started going over my old economics lectures (specifically economic forces leading up to WWII and Bretton Woods) as a catch up and you post this video. Amazing stuff again. Easily the best small crypto channel atm, the way you look at economic history and the present macro, brings a brilliant context to your analysis. I hope one day you have millions of subscribers
I have seen this before. A guy finds a crypto, starts a channel, goes hard and tells everyone to buy it.
4y later, the price moons. They vanish. No more videos.
The best 45 minutes of education I have had in a long while. Helping me make sense of the crazy world. Excellent -Thank you
Miko! From the bottom of my heart, thank you so much for what you are doing! the most unusual content on UA-cam!
Simply outstanding
I was about to write a comment outstanding. But you’ve already done that.
Absolute legend for putting together these videos. True knowledge. Cheers.
Up there with "The Creature From Jekyll Island"...Looking forward to the next episodes!
Dam I have to work in 10 min and I just saw this video dropped. Boss I’ll be late today.
Mate, your videos are INSANE!
Super interesting! Thanks for the video
Astonishing! One of the best videos I’ve seen in years
This is really well done! Bravo!Thanks for putting it out there.
Appreciate your service
Thought provoking! Well done! An exceptional work!
Wow, that was simply brilliant! Thank you for putting that together, all the essential info with no waffle!
Kaspa is hidden brilliant!! Let's go! Stay patient! 😎✌️
Never been so convicted on a play! KAS is legit don’t care what anyone says
I love your videos! I love it! I hope to see part 2 soon!
Fantastic video! I did thoroughly enjoyed it, thanks heaps Miko.
While Kaspa is the ultimate monetary technology it is important to explain people what has been going on with their money throughout the last hundred years and why keeping fiat is riskier than switching to a peer-to-peer PoW permissionless electronic currency system.
Looking forward to watching Part 2.
Let’s get this series started !! 🎉🔥🔥
Great video, as usual. I can't wait to discover what's next!
This was an amazing video, thank you Plan K ✅
Don't forget that by the mid 90's Gen X was staring to come of age and the muh... 4-year degree scam was in full swing.
this made me anxious
What lets hope111 said. This channel rocks. Just now able to buy kaspa. Ill wait this out 20 years.
Bro sick video 🔥 drop part 2 asap
Best Kaspa content out 💯🫡✊
great bro
can't wait for the next one
it was great
Great video will be awaiting the next in the series.
Супер канал по Каспа і не тільки, комент для просування каналу!
Great video! I am very apprehensive that this is just Part 1... what the hell happens next! 😬😂
Very educational, thank you!
Thank you
deep video
Super interesting thanks for sharing
thank you for compiling all this information and sharing your opinion, I believe everyone should spend some time to actually understand the economic history of this world to forsee where we are heading in the near future, hopefully we will birth a new great era around 2030
nightmare fuel
Дякую друже. Завжди слідкую за твоїми новинами ! Так тримати !!!
Excellent
Speaking of WW1 and world reserve currencies, it doesn't take much research to learn the reason why Great Britian had a huge problem with Germany and why they had to destroy Germany in WW2. The German economy was growing into the strongest economy in Europe and could have become the world's reserve currency if they had been left alone to continue growing at a rapid industrialized rate.
Even the US felt threatened by this and is the main reason the US joined the war despite what "history" has to say about it. Germany never wanted war.. They tried to avoid WW2 but Great Britian wouldn't stand for this. Everything they teach us about WW2 is a lie... As they say "History is written by the victors"....
We're supposed to believe that WW2 was all about a specific people that I can't even speak about without the risk of violating YT rules. It was about money and global power and per usual.
Banks in Germany were waging financial war on Germany for years and that's why Germany had a domestic problem with the people we're not allowed to speak of because they controlled the banks.
As an german u speaking facts. My grandparents born in 1925 and they told the same
Correct, you can watch the excellent history documentary videos by the channel "Zoomer Historian" to find out as much.
The problem with your theory is that not every person of the people that can't be named were the heads or owners of banks. So when Germany needed a scapegoat they conveniently used not just the ones in power but the all of these people. The most telling fact is that when at the most critical point in the war, instead of using this huge "undesirable" workforce they instead chose to murder those that might have tipped the war in their favor if they'd only allowed them to work towards the war effort.
They were so lost in ignorant hatred that they would rather lose the war than allow those people to live - most of which had nothing to do with their banking crisis at all.
Maybe the banks were controlled by some of those people and maybe the banks were waging financial war, but what Germany chose to do about it at least contributed to and may have caused them to lose the war and defined Germanys everlasting shame.
@@DavLegit 👈🏼🤡
Not a theory.. Recorded fact.
Your public-school education is showing.
Nice job bro!
Kaspa 💎🔥👑
Great content! Keep it up.
Always awesome uploads your the Ray Dalio of the crypto space..💯💯💯
Great video! Very informative. Looking forward to watching part 2
Its out already check my channel page
Yezzirr...Kas 🚀
very very good
Great vid!
Damn this was a damn good video.
Let's not get it wrong, FED is not our friend
They are the enemy in fact. Quite obviously.
Bro, leave your caspa wallet in the description of the video, I would like to thank you for the great content!
The debt/gdp ratio is a relative factor and not an absolute one. If fiat of other major economies have worse debt/gdp than US (China at 287%, Japan 263%) then USD still wins.
Imagine if overnight, everyone in the world gets 3 zeros added in the bank account and every service is now 1000x - will your purchasing power decrease? No, it will cost 1000x more but your purchasing power remains the same. As long the multiple by which USD loses value due to money printing is less as compared other fiat - USD will still continue to maintain its dominance.
DXY will remain strong but Dollar vs any hard asset will collapse
Kaspa and bitcoin will force an end in ice
Globalization * 5:15 mark
8:24. Does an increase in population not cause prices to drop? If population doubles while the money supply is unchanged, then the same money supply has to satisfy tvixe as many people. Companies can’t raise the prices, just because of an increase in demand, because the money supply is not enough for that. The same amont of money has to satisfy more people, so each unit gets more purchasing power. So the increqse in population should have caused deflation, but because of money creation, there came inflation. Or?
a hitter.
KAS🚀🚀
💥
I want you to get together - Understanding Conspiracy's sounding - millennial kingdom - head arss
I'm playing checkere and my man is playing chess. I need notepad and watch this video like 6x.
Amazing
Two questions.. What do you mean that the wages are lowering over time since the 70s? Because the wages are actually increasing. Do you mean something else like wages divided by GDP? Also, what do you mean the economic revolution is coming in the form of AI? Thanks for the vid.
Wow. Just Wow. I have never been interested in money or being rich. But BTC & Kaspa have transformed me and opened my eyes. It seems to me Kaspa doesn't just solve the trilema. It also offers us a solution to saving the global economy and a potential to have a ready made solution for mankind as we spiral out of world debt. Thank you brother for this masterpiece. I salute you. ❤
List your kaspa address so we can donate
You are a smarty.
Bitcoin was the kaspa testnet
Kas 100u
😂
@@fairplayer7435 Bitcoin was the kaspa testnet
Kas 100u stunner and supercar
🎉🎉🎉
So if the USD fully collapsed all assets will be revalued eventually. But all assets will hyperinflate before. So that means even things like gold and ailver will be way overvalued. What do you buy?
Kaspa
@@MikoGenno Where will the buy pressure come from?
I think I’m falling in love with you, my mystery man
What are your thoughts on ethereum ?
⚫️
Do you have any books that you recomend, just in general regarding this subject for someone that has already read a couple books about Sound money and Crypto?
Bitcoin + kaspa + eth =Nexa
🤦
This is essentially a copy of Raoul Pal's "Is The American Dream Dead?" video.
This is a good video but
8:20 there is no such thing as "demand driven inflation". Inflation is always, ALWAYS driven by quantity of money (and money velocity), which is exemplified by Milton Friedman's equation of exchange. To put it in normal terms, if Boomers were being paid out so much that they consumed more, the people who were actually paying them out would have considerably LESS money to spend (that is, if the money supply actually were fixed) and it would even out on the price side of overall goods. But the money supply wasn't fixed. The great inflation was driven by the gold reserves no longer matching the dollar supply, and that was where this boom in wages came from in the first place.
Just because the wage force expands, with a fixed supply, that would just mean less jobs and more unemployment. More people would normally cause DEFLATION because there's the same amount of money to go around for more people. It was all (effectively) printing. Always has been.
it's an important distinction because you seem to be saying increased consumer demand will always lead to inflation, not so. The grave mistake US made was not pegging the dollar to gold before it was "officially" admitted by Nixon. The peg had already gone long before, due to some corruption somewhere in the banking system.
Perhaps it would be better to say that the population increase caused a "Supply driven deflation in wages". But the same principal applies - wages would have fallen in real terms vs goods and services
We know you are camel finance bro
Don't think he is a Kaspa fan
You are giving the Fed too much credit by saying they are well-intentioned. Don't forget they are all ex-bankers and often get even more comfortable banking positions after they retire from the Fed.
Please make videos on how Nexa the bitcoin 3.0 will also help Kaspa to suceed
gtfo of here w your nexa scam
🤦
Buy KASPA. You're welcome
This is a pretty long pitch for a crap coin
Thank you
Why you think Kaspa is a crap coin ? Can u elaborate ?
@@kucuksamuraybecause it cannot stand up on its own without craving affinity with btc.