The Great Surge of Everything Is Coming...Be Prepared
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- Опубліковано 1 жов 2024
- What country do you think has had the fastest growing stock market in the world over the last12 months?
Is it the united states? Well thats a good guess, as the stock market has seen gains of more than 50% in the last 12 months, which is about 41% more than normal.
How about china? Well, the shanghai composite index has done well, growing by over 25% in the last 12 months, which is about 20% higher than its normal year.
Or what about Japan? Well, they’ve seen their stock market grow by about 50% over the last 12 months, which is about 45% higher than normal.
Yet...despite all of these countries having record amounts of growth in their own stock markets, they all pale in comparison to that of zimbabwe.
You see, if you had invested in the Zimbabwe Industrial index 12 months ago, you would have seen a return, of an astounding 481%.
As you can see, zimbabwe is crushing its competition, and maybe this might be signalling that something disturbing is happenings with every stock market around the world
Well, you see...just over a decade ago, zimbabwe was going through one of the worst episodes of hyperinflation in history. This was when they had a peak inflation of 89.7 sextillion percent per year. And that was just a smidge high to say the very least.
So, the country adopted new currency standards by 2009, and then soon after, zimbabwe actually had a fairly fast growing economy. For the next 4 years, it averaged 15% GDP growth per year, which was then followed by a much slower but steady growth rate of about 3% per year up until 2018.
But then in 2019, Zimbabwe entered a recession after a drought and ensuing famine hit the country, followed by the government attempting to reform its currency once again. And so the country was in an economic panic. So, it decided to use a tactic that it thought would help keep asset prices afloat, and prevent a complete economic collapse. It decided to print more money. In fact, by january of 2020, 70% of zimbabwe’s dollars had been created within the previous 12 months.
This injection of currency did help keep zimbabwe’s markets afloat, but what it really did was devalue the currency itself.
And just a few months later, the pandemic hit. This forced zimbabwe to create even more currency to prevent the collapse of its economy, and as of today, more than 93% of all dollars in zimbabwe, were created within the last 24 months.
And so, what this really did was devalue the currency in zimbabwe, which artificially sent prices of everything to insanely high levels.
So, in fact, the reason why zimbabwe’s stock market has sky rocketed in the last year has not bene because the companies or the economy has been doing well, but its because the government chose to artificially devalue its own currency, in order to prevent a market collapse. So in a sense, the gains seen Zimbabwe’s stock market are really just from increasing the money supply.
But I wonder where they got this idea from.
Its October 19th, 1987, Wall Street is seeing the stock market crash at a level not seen since the first days of the great depression. The market drops 20% in a single day, and the population becomes worried that this could be the start of a new great depression.
But Alan Greenspan, the head of the federal reserve, had an idea. Instead of letting the banks and investors fail, he decided to indirectly bail out some of these banks, by injecting liquidity and currency into the markets.
The was called the greenspan put.
Essentially for the first time, what he did was bail out the banks and provide investor confidence, by increasing the money supply in the markets. Sound familiar?
Now, in 1987, this ended up stopped the panic on wall street, and even though it would take 2 years before the stock market recovered from this single day of trading, an economic collapse did not happen and the banks did not fail.
But, unknowingly, what this also did was signal to the banks and population, that any sort of downturn in an economy or market was bad, and that we should only see perpetual growth forever.
So over the next decade, banks started taking more risks, investors started using margin a lot more, and many average every day people began investing into the stock market.
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A few GIANT things. This is all predicated on inflation. And the US's status as a reserve currency has prevented a lot of the potential downfalls of their currency practices, JPOW just came out and said as long as people believe the US dollar is stable, everything should be fine. Which is...a little worrisome. And as we are seeing now, the US Dollar as a reserve currency is rapidly losing confidence. And the printing of money doesnt help. Thats what this video is about.
2nd channel: ua-cam.com/channels/rCZjtBkH4jsWQP7vq-7SUg.html
"The FedR has been knowingly devaluing their own currency for the past 13yrs".... Maybe so but they can afford to print when you consider that despite this the DXY (Dollar currency index) has been trending consistently upwards for the past 13 years.. since March 2008.
"We are witnessing the erosion of the US dollar in a similar way to what we have seen in Zimbabwe" - No, No we aren't. In fact the opposite as my comment above.
You're not the first to predict weakening/failing of USD. it's still a necessary tool as all commodities are traded using dollars.
Can u do a video on the uk economy and is it rising as an American I am interested
Essentially all countries are printing money. There is no immediate threat of replacing the USD by some other currency.
"if there's one thing we can learn from history, its that we never learn from history"
-some random guy
This random guy talks too much 😂😂😂
It was Georg Hegel
@@nialldoyle8206 thank you. I never knew that
"History never repeats itself but man always does"
@Alex Jay have you heard of inflation? have you ever learned about how inflation happens? have you ever learned about the always negative way it ends?
I’ve always wanted to be a billionaire. Soon I’ll get the chance to be a trillionaire.
Did you buy bitcoin too?..😆
when hyperinflation happens, everyone can be trillionaire...
U will be on the street. Trust me
@@bradj6000 not me i own a motorhome and if you can't move in one hour you own to much,now is not a good time to own to much,leaving is all i want to do,this empire of dirt has lost its allure
@@bradj6000 - Brad J shilling for rubles again joined UA-cam one week ago! He changed his name of course and created another new account. Hip Hip Hooray for the foreign 😈 troll! How’s the borscht tasting? 😂
In Germany, it led to a guy with a funny mustache getting into power.
Dude was always flailing his arms up and speaking incoherently
@@hondafanboy1856 like AOC
My dads mustache wasn't that funny
I've almost forgotten about it. Thanks for the reminder, Vlad. I'll be back in no time. I do have some unfinished business to attend to before I leave.
Hope he returns.
"The candle that burns twice as bright burns half as long" we've burned rather bright.
“My candle’s burning at both ends
it will not last the night.
But ah my foes and oh my friends
It makes a lovely light.”
- Edna St Vincent Milay
We've been burning the candle at both ends AND in the middle!!!
Just start a bonfire, add wood later.
It's like the winner of a game of monopoly wanting to keep on playing.
lol
Real life and current story. Company A has a huge client base, turns a good profit, has a long history of selling great products but is currently cash poor. Startup company B has only a history of making losses BUT the US government pumped billions into their shares anyway and drawing down upon this Company B is cash rich. Company B buys a large portion of Company A but only after demanding Company A stops selling its own products and must instead push Company B products through the huge reseller channel... Company B products are utter garbage and are the reason why the company each and every year makes larger and larger LOSSES. But never mind that, their shares have gone up immensely. Capital funnelled into defunct companies which is being used to destroy other companies. This scares the jesus out of me.
@@TheBelrick im off topic but new cars are built cheaper. the cvt is cheaper to produce and isnt as good as the old auto trans.
but car price goes up
I mean, this fella has been talking about bubbles for the last 4 years... Guess what though, if you have been spouting that for 10 years and it happens once, that's still an accuracy of 10%, if i get a 30% gain every year for 9 years and lose 50% if the market crashes, I'll still earn more than sitting on my ass waiting for that event to occur. Here's the math (1.3^9)/2= 5. That's still 5 x what i started with
The way to win a game of monopoly is to be totally ruthless.
The banker can print more money to prolong the game but eventually there is still only one winner.
The Silver Lining: With toilet paper almost non- existent during a total financial collapse, all those dollars will suddenly gain a new, more practical use.
Noooooooooooooooooo..... Australian bills are plastic. Eooooowwwwwww.
Careful. You never know where that money has been
Those will be John Wayne bills, they're rough tough an won't take SHIT off of nobody
@@markcarli8259 According to the RBA, you can at least shred those polymer banknotes and recycle them into products such as compost bins and plumbing fittings. Maybe post-collapse we can have composting toilets made from Australian banknotes and won’t notice the smell of our unwiped posteriors.
@@diracflux Good, very good.
As a Zimbabwean I'm impressed with the depth with which this video has been researched and subsequently made.
This guy's good, stick around. Thanks to a video i saw of his last year at the start of the pandemic i was able to mentally get ready for what was coming.
@J. J. Buy Bitcoin haha.
you are happy that your country got mocked ,scarcism ?
@@derbytm3488, it was not mocked. How can anyone learn if cause and affects cannot be honestly measured? Don't be delusional.
@J. J. crisis/inflation could probably not happen as this is speculative but still good, however the last time we had a collapse ordinary citizens simply left the country hence i think we could see another exodus
Corona crushes the economic but the stocks goes upp like crazy. Yea sure, everything is good.
My investment: some land, a greenhouse, solar cells and guns :p
These are solid investments.
Wise, but not enough, that's like saying ok do that to me, I guess I'll have accept it and go back to living like my great great grandfathers did, oh well walways me, mmm
OR you could continue to imagine more you can do
get gold and silver to trade with smart locals like you
No Slavering, half starved Rottweilers?
They'll come for your land! You'll own nothing and you'll be happy
You are forgetting a very important piece of info. "You will own nothing and you will be happy"-The Great Reset 2021-2025. Coming soon
you wont be able to feed yourself and your family :)
That's sound a comunist lema, I never expected to hear that from western .....
@@Alberto.LIS.Morais
Hahaha I'm quoting them. You do understand that, right?
@@KaitoSchmidtOfficiial
Hahaha GOD provides for me and my family
EVIL PEOPLE!
“Where we are going, we don’t need roads”
Top film 👌
Back to the Libertarian Utopia :D
Heeee haaaaa, maybe canoes.
ua-cam.com/video/G3AfIvJBcGo/v-deo.html
True. We need shovels. Lots of shovels. 🙄
"90% of my viewers aren't subscribers"
Well thanks for calling me out there Jack.
Me too
Yo también!
most of us aren't subscribers, but we are stalkers
🙋♂️😅
Looking at the numbers, less than 1 in 5 of your subscribers comes back to look at your vids.
In short - inflation produced by printing, causes asset values to increase - thereby making the growing national debt look smaller in comparison.
US national debt equivalent to $90,000 per head.
Um the "national debt" is a scam. The federal reserve isn't a part of the government and is a private bank with no oversight. Simply, they are loan sharks. The gov goes to the federal reserve and hands them a porky budget and asks for a loan. The interest on the loan is the debt. Since the unconstitutional adoption, the fed with help from cronies in Washington, has conducted the largest wealth transfer in history. Before, people traded in gold, silver or barter. Paper script was backed by gold or silver but its all gone, sucked up and in return we carry an IOU as legal tender. So go to the mirror and say this to yourself "I'm a debt slave with no wealth or power. I'm the feds bitch."
@@MRtwoTricks as with all things in any system, the game will come to an end someday
@@jimseah7089 no doubt. Natural order for all things to decay. Sad but hey, in a 1000 years, archeologist will find our lasting contribution...red tape
@Bill Leonard biden aint coming for your guns but instead many grifters throughout the years have lied to you in order to get donations and sell merchandise, get views on their videos. its all childish nonsense to people who haven't been indoctrinated
I'm from South Africa. I just subscribed merely because in the world of economics and markets, I'm really dumb and know very little.
So are we as well. Its good you have an inquisitive mind. Keep it up.
Same. If there is a fall to come, it will be good to have the right information to know when to brace for the impact.
Better educate ourselves.
same, I'm learning economics at school and it is kind of interesting so I am watching more of it on UA-cam
Ditto..
I think there is a lot more going on than just this.
@ jason yes their is , read the Holy Bible
@@cvetkojovcevski645 what does that have to do with anything?
@@jasonmighty3328 well you said you think there is something alot worse then just this , and i said read the Bible . your life
Yh but you are being so unspecific it's ridiculous. I'm assuming you're referring to Revelations. You being so unspecific I'm assuming you're a troll trying to incite bible mongering.
@@jasonmighty3328 yes about revelation ,and if you are not saved run to Christ
Quiet, just pretend and maybe it will be ok lol
Here's believing
I see no end to this game the pattern is clear and it won’t stop until we are completely destroyed inside out by these morons running everything
Unfortunately that’s the govts actual policy right now haha
This may actually be what will happen. If people don’t actually believe there will be hyper inflation, they will continue to buy things like normal. When prices increase, they will just wait to buy it until there is a discount; hence reducing demand, lowering prices, and putting inflation in check. However, who knows if that would be sustainable
The FED is not your lord and Savior, no matter how much they Brrrrrrrr......
Government logic: when shit happens print money.
and people suffer
@Hakim Habib Not entirely true. Although Federal Reserve purchases of Treasury securities does not involve printing money, the increase in Federal Reserve's holdings of Treasury securities is matched by a corresponding increase in reserve balances held by the banking system. The banking system must hold the quantity of reserve balances that the Federal Reserve creates.
@Hakim Habib Banks will never turn down buying Treasuries or lending more if they're within their corresponding reserve constraints. In short, printing money does not revive an economy, demand does. The only way that creating reserves (QE) could revive an economy (that I can think of) is if the Fed is keeping (short-term) rates too high and the cost of reserves is limiting productivity that wants to get things done but is unwilling to pay the price. In that case, creating reserves would drive the rate down and borrowers would become increasingly more willing to borrow in order to drive demand. If the rate is already near zero, creating more reserves WILL NOT HELP. The limitation at this point is purely fiscal and trying to fix fiscal policy with monetary policy is why the world finds itself where it is today.
Leftards logic
Go to Home Depot and tell me there is no inflation... Go ahead and build something, remodel your kitchen, replace your roof.... tell me what happens? lol
a 1/2" thick shet of plywood is currently at 54$ canadian where im living. FOR A SINGLE PIECE OF PLYWOOD. How do yo uexpect us to tell a homeowner that replacing their rotten roof is going to cost almost a GRAND for a 50sq foot area
Anyone bought groceries lately?
It's not inflation causing that.
Look at dollar menu at McDonald's or berger king they have 3 things and all over a dollar. It's not much but large different from 10+ years ago
Also +1 on lumber being retardedly expensive.
Love this, at around 8 minutes in I am laughing when you said, oh I forgot we aren’t allowed to have a market collapse. That was priceless.
And that is why they are going to digital money...they ran out of ink and paper !
Lol
mugabe *sobs* "you make daddy proud"
Total control. Switch off your account if you do not comply
@@jimneysweep9810 Yup, all transactions traceable, personal habits and haunts logged, any dissent punished by removal of citzen privileges, like travel, housing and eating...
@@OldNavajoTricks yes and that is those who are left from the big cull
You know it's real when the inflation is 89.7% sextillion percent
% percent?
I lived through that era. Prices of bread would change 3 or 4 times a day . it was normal for t to go up while in the que . it was bad very bad
It literally wasn't possible to get Zimbabwean money at currency exchanges because the currency was inventing new notes almost every day
I saw my country flag and had to click 🇿🇼
Me too... I saw my country's flag and had to watch
Lol I only know Zimbabwe from cricket 🏏
@@kakerake6018 visit when you get the chance
@@happyguy2k How is life in Zimbabwe?
@@fullmetaltheorist in not in zim, but was born there. But it depends, some have a good life, some struggle but generally people seem happy despite whatever circumstances
I agree with most of what is said, but near the end talking about "China having acknowledged there is a bubble and stabilizing their currency" is a big fat lie. China is in no better conditions monetarily. In fact Chinas currency is stable in any way, because they print just as much as the US, but have blocked the free exchange of the Yuan and have fixed rates.
Yeah, what will rise from this next crash isn't going to be 1 country - it will be a 1 world government, created with about/into 10 nation states.
Interesting. In the end its important to have tanglible assets like land and livestock to feed your family.
Who would've thought?! 🤣
Outside of the US jurisdiction, of course.
Prepare yourselves, it's going to get worse before it gets better. God Bless
I hope so.
"before it gets better"? How is it going to get better? Do you also believe in Santa Claus? Good luck!
@@lesterryanmd No, I don't believe in Santa, I believe in Christ...have faith.
@@lucabrasisleepswiththefish77 i here you. you got that right, god bless trump.
@Doji One Hope for the best - prepare for the worst. God Bless
Greetings from a Zim, you have no idea how that inflation was like. A lot of things happened with money that you could only experience in that economy 😂 , cash burning, ahem. This is a great video, thanks.
WELL WHAT HAPPENED BRO
@@meganmclaughlin9056 The Zim gvt had a ludicrous watered-down exchange rate, which was unrealistic compared to the real foreign currency demand. A lot of people ended up living off selling foreign currency on the black market as the gvt secretly bought forex from the black market too for things like critical imports to keep the country running. This was the primary reason for the hyperinflation as they only had to print money to get forex.
Here is a contrived example of how it happened... So let's say the official exchange rate is at 1USD : 1billionZWD today, but the street and everyone else, including gvt (secretly) at 1USD : 50billionZWD (usually based on real demand and supply). Buying and selling on the black market caused inflation to go higher (and you could profit from it), but that wasn't the actual loophole. The big loophole was a demand based on the different rates for digital settlements. EG: if one sold their USD "cash" to someone and receive their payment as a "digital" transfer (RTGS-real time gross settlement) into their account then the price would be higher, maybe like at 100bZWD. What it just meant was, one would sell their 1USD to receive 100bZWD in their account, then withdraw it from the bank or ATM the same day. Thereby literally profiting 50bZWD in the process if they could get it at a cash price elsewhere... But the initial cash that was sold would inevitably find its way up the chain, fetching more and more at a cash price until it got to the bag dispatchers 😂. These had bags full of freshly printed bills that bought for the gvt who were allegedly dispatched by the gvt to buy forex for them.
This eventually caused the inflation rate to jump the following day or even within a few hours because the gvt wouldn't stop printing money. At some point the rate would be like official - 1USD : 50billionZWD to 1USD : 500billionZWD, literally the following day.
@@emmanuelmahuni8163 ahh..... then what's the price of normal smartphone there, i think 100trillion zwd😸
@@motionpictures7649 no, things changed in 2009 when the multi-currency was allowed. So as the video said, the ZWD was deprecated. And yes, iPhone was actually waaay above trillions 🤣, quads even. it's complicated 🤦🏽♂️😂
today I hear iPhone 11 is at 215,640ZWD
@@emmanuelmahuni8163 How is the electricity situation now in zim?in harare and rural areas?
The poor are about to get screwed even harder. Again.
Bro, if this bubble pops the poor will be literally fucking everyone, not even the rich will survive this one. Gonna be mad max out there.
@@ajl8975 idk man, i don't think they'll let it get that bad.. if anything it'll be in spurts over a span of a few years. Think 2010 with a decrease in the economy over the span of a decade to self correct
@@HectorHernandez-ec3nd you’re making two dangerous assumptions: that it will be within the government’s powers to control the crisis, and that if it is within the government’s power to control, that they will be competent enough to control it well. I have strong doubts about both of these assumptions.
Poor people get food stamps and subsidized housing, the middle class are about to get screwed even harder.
481% is a Wednesday in the crypto market. Those are rookie numbers
My man! 😎
Greetings from Zimbabwe 🇿🇼
sounds like it sucks there kid
does it suck so hard or what
Greetings from the Divided Soviet States of America
take care, dude
You spelled Rhodesia wrong.
I remember watching videos like this over THIRTY YEARS AGO!! Buy an extra can of beans... 😂
Well thats just the thing, a total collapse of everything will eventually happen. No one knows exactly when but it will happen, it's a certainty.
@@lukekrause5005 Sources? "Trust me bro"
@@kenkrak4649 lol , sources are history . Socrate guessed things that happened nowaday . How ? Story repeat itself over and over again . Maybe im wrong . I honestly hope i am . But last time that such thing happened a guy with a funky stache tried to take over the world . Remember the great depression? It cannot always go up .
@@kenkrak4649 please be bait.
@@kenkrak4649 because bad things eventually happen to everyone everywhere that being said it could be 1000 years from now and since I'm not well versed in economics I won't make predictions of when
I’m out of the stock market and FINE with it. I am moving into commodities like precious metals and physical goods. Be fearful when others are greedy.
They still move the account electronically so when the system goes down, there's no proof you bought anything. Even the gold commercials don't usually sell you bullion to keep in your home, they sell you electronic certificates.
Silver is not worth it. I made a heavy loss on the sale of silver coins.
@@towaritch WHY DID YOU SELL ITS LONG TERM WEALTH TO KEEP UP WITH INFALTION
40% of all Printed U S money in history was printed in the last 10 months.
Nothing was printed. Not one dollar. You got your deposits electronically.
@@nebojsa1976 shut up it’s a metaphor
@@airhead3333 lol
The only different between the US and Zimbabwe is that US Gov need to pay back the so call "Federal Reserve ( Privately owned company by a few families)" for all those printing IOU.
Ayo, is that my country Zimbabwe on the thumbnail?
Nice :)
Thank you in advance for your Zimbabwe 2008 AA bond notes. It’s about to change the entirety of the world! 13 million tons of Gold above ground, 132 metric tons below.
Biggest transition of wealth coming soon for those that invested . One world digital currency in transition . IMF CREATING ANOTHER LAYER OF MONEY THAT WILL BE CONNECTED WITH CRYPTO , which one ? ,Only few will know !
Greetings from Zimbabwe. This is well researched video but bear in mind Zim is an outlier. There's a lot of factors that went into creating our situation that you will never find in the West
1:09 i hope that footage isnt recent cus my dudes be usin windows vista :(
I watched this video because it says "be prepared" in the title. Did I miss the part where you explained how to be prepared? What to do? Any insight?
F•O•R••• A•N•Y••• C•R•Y•P•T•O••• I•N•V•E•S•T•P•E•N•T
+•1•7•7•8•7•7•0•2•8•3•3•
•• W•H•A•T•S•A•P•P
We're in for a hell of a ride. Buckle up, buckos !
Agenda 2030..... By 2029...people will realize ....
@@Denver10215 no they won’t! Those asleep now will be asleep then.
Honestly thinking about everything that will unfold is pretty fucking scary but oh well what can one do against Nero burning Rome
@Carlo Monte how's it gonna start in your opinion
I’ve been calling this financial asset inflation. If you don’t index or allocate to financial risk assets you will become poorer everyday
Gold and land
Truth be told we as investors have all had to go higher on the risk curve to maintain a reasonable return on investment when real fixed income returns are negative. Much depends on your time horizon and whether you can stand the losses of the next downturn before you need to cash out, kind of like roulette.
everyone is poorer everyday cause the world sucks worse every day .your one of those special kind of fools yeah.much love big fool.
@@harrydost8557 truth be told your a fool to invest in these days,when bubble bursts your worth nothing,and just as broke as me who had a good time and invested nothing.poor people will steal your wife when bubble bursts shit for brains.your just fodder fool.
@@harrydost8557 HARRY TOAST.
Revelation 6:5-6 Then I looked and saw a black horse, and its rider held in his hand a pair of scales. And I heard what sounded like a voice from among the four living creatures, saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not harm the oil and wine.”
Please seek Yeshu/Jesus...we are living in the Last Days.
What does don't harm the oil and wine mean?
Glad I don't buy wheat--gluten free. And I use dollarydoos (not denari), so I'm good.
@@리주민 It means that the Elites will still have their luxuries while the majority starves due to inflation.
😐
Shortly speaking Zimbabwe's economy is very similar to that of the US.
In 2008 18 trillion taxpayers dollars was given to banks, friends of the politicians, which in turn converted it into 150 trillion dollars derivatives with the resale value of 0, and sold it to the federal reserve bank, thus defrauding the American taxpayers for generations to come, assuring poverty, homelessness, and millions of deaths of desperation: suicides, ODs, alcoholic liver disease.
Nice video, keep on the good work!. with the current increase inThe price of BTC and Eth now is the best time to trade! My trade with Expert Ethan as being a forever life changing for me.
Crypto is the new gold. Now is the best time to invest.
@Cupid Star
That won't bother you if you trade with a professional like Mr Ethan Chloe.
He has really made a good name for himself
I got sir Ethan Chloe info, how good is he ?.
@@kelvinsmith1106
Expert Ethan Chloe has been managing my trade for months and I keep making profits every week, I made $10,130 last week.
As always, great video, very insightful and informative. Outside of 'sell everything' what steps can we take to prepare for this bubble's popping?
Just hope the bubble is full of laughing gas. Inhale deep as it deflates. Laugh yourself all the way to the bank as you pull all your money out and purchase worthless assets like bitcoin because everyone else will be doing the same or similar. As bitcoin goes up from the demand start buying up forclosed land assets etc.Grow food and feed people. They will be hungry.
We're cruisin' for a bruisin'.
Classical setup, but one of the most over hyped I've ever seen. My gut says these fragile social structure will fail by not responding correctly to natural disasters, even medium sized ones.
You completely ignored that the USD is the default currency of the world, and there is almost unlimited demand for US debt. Also with interest rates at zero, they can print money without any impact....
Printing money and devaluing your currency (vs gold, commodities, land) messes up economic growth. Since the early 2000's, the US has grown very slowly and median incomes have stagnated. In contrast, between 1981-2001, the Fed kept rates much higher and the real economy did very well.
There is a reason why the currencies used to be tied to gold. Money needs to mean something. If the Fed can create a trillion dollars out of thin air, does that means a trillion dollars worth of food was just created as well? Or a trillion dollars of oil was just found? No. It just means the price of everything will go up faster than it would have had the trillion paper dollars not been circulated in the economy.
If printing money has no impact, why doesn't the government allow all US citizens to print their own money?
When other countries don't trust US and the dollar, then the dollar will disappear as reserve money and a other or some other currencies will take the place.
Yes but actually no
There's no "unlimited" demand for US debt. No one is buying treasuries anymore except the Fed, which is why they're printing money to buy treasuries in the first place. They didn't need to print money to buy treasuries before because other countries brought them, now other countries are refusing to buy because they see that the treasuries are bad investments at 0% interest rates. Which is why the Fed keeps trying to raise interest rates, but also keeps retreating as soon as the market starts crashing. A market crash will mean that no one will invest in US stocks any more, all that outflow of cash will cause hyperinflation and make treasuries an even worst investment and accelerate the collapse.
lol that is some delusion mate. try following Asia based news outlet for a change. The sentiment around USD is changing rapidly, not in the direction that you believe.
People were starving in zimbabwe, and now they have growth doesn't mean they on the up.....481% of crap is just making more crap.
At the end of every video, it's like: wtf was the point again?
Just wild doom and gloom speculation...
Couldn't agree more. None of it's actionable. Just paranoia building.
Don't be stupid. If you've got sense you'll put your money in a house or similar asset etc, inflation has and will continue regardless of this video. He's making a very real point if you think he's just theorising you're a fool.
Yes you should put you're money into an investment XD What does that have to do with being a fool?
Pro tip: I was recruited by a private intelligence firm after I applied at the DIA and the NSA- the first thing I learned about real economic trend, currency macro is everything. There are hidden market indicators in petrol dollars and the correlation to historical levels of the franc.
You shouldn’t always trade currencies , but currency trades should always dictate your other moves.
Thanks
Great video, I just wish more media outlets would report this truth, but alas that would break the unspoken code.
I’m subscribed and I very much enjoy your videos. And the music. Who doesn’t like a well played Cello.
Just discovered your channel today and subscribed. I really like your last 2 videos. You remind me of Mike Maloney's hidden secrets of money series. I was surprised to see your script in the description box and I liked it very much, but wondered why it cut off half way thru the video. Could you please add the entire script? I find it easier to watch up top and follow the script on bottom, than following captions. Best regards from Tom in Missouri 🙂
Most people invested in the markets are already extremely wealthy so the average joes who aren’t bear the brunt of inflation on consumer goods while the rich profit off the rising stocks caused by the dollar printing
Including the fact that 99% of the printed money goes to the ultra wealthy that they use to leverage even harder with.
Us currency right now: go woke go broke.
As a zimbo myself it always interested me to learn about my country's economics which is one of the reasons why I clicked on this video. I feel like Zimbabwe is never talked about and always forgotten about. nice video keep up the the awesome videos!🇿🇼🇿🇼
"Zimbo" :)
Thanks a lot Jack for teaching us the economics in a simple language. Love your videos
I've been watching this happen for the past 30 years. Just about everything has tripled in price (food, gas, housing etc) yet the average wage has only gone up by about 10%. Doesn't take an advanced math or economics degree to see what that will cause. The governments and banks gov't care though because their wages always seem to rise equally with inflation. Those who create the problems always seem to be protected from the problems they create while the rest of us are left to pick up the pieces. I've been wishing for interest rate tro rise to 6-7% for a long time but no one who has the power to do so has the fortitude to do it as the average person will ONLY see the extra cost of borrowing and nothing else.
Its all just monopoly money at this point.
Always has been
Actually Monopoly money is less printed and worth more
Zimbabwe here we come!!!!
🙌🙌🙌🙌
Don't forget about Venezuela
Great Video on the historical context... I would love to see a video on HOW to prepare.
Today, April 13th, CPI rose .6%, it was more than expected mostly driven by higher fuel costs. Get ready, stuff is about to get more expensive my mid summer.
Can anyone give some insight on China's angle with their recent move to change their currency to a digital currency? Are they going in for the kill?
TP: It is easier to enforce conformity with a digital currency. Liquid assets and economic opportunities of and for dissenters can be instantly frozen from a central source.
@@daybeau7819 Yes. Makes sense. How do you think this will affect the U.S. dollar.....will it remain reserve currency? Thus is all so new and hard to understand
@@tp6299 China is toying with the idea of crypto having an expiration date, so it cannot be saved for long and must be spent.
I have a 50 trillion dollar Zimbabwe note, hey it worth about 50.00 on ebay. I bought it several years ago for about 3or 4 dollars. Wish I bought about a hundred.
I've got Zimbabwe dollar notes from before the crash. Wonder how much that's worth now?
@@roz5307 look on ebay
I swear to God, anything the government intervenes in turns out to be a disaster.
thats just because the government is made up of people, half of whom don't understand history, politics, economics, laws, language or critical thinking...
yeah but mainly because corporations, banks, and financila firms own and tell the govenment what to do for their benefit.... governments that protect and serve the citizenry are doing well and very stable ( denmark and New Zealand for example)
@@oarguello Don’t get me wrong, I would rather live in the US compared to NZ and Denmark. I just wish the US Government would limit their intervention into areas where they are incompetent.
I think the US government knows exactly what they are doing. They have been coming up with stimulus packages that do anything except stimulate the economy. It's mostly crap that goes to ridiculous things in our country or other countries. In our country it's working for our downfall in a myriad of ways. Plus, they plan on doing a few more of these impotent stimulus bills. So the money can be laundered back into the hands of the corrupt politicians. This will run the US into the ground while causing a great increase in inflation. They are working hard to make us like China so they can achieve one world order. After the population is reduced to about 500,000 million, elites will live high and openly indulge in their pedophilia and child sacrifices. I sure hope to God and Jesus that this does not happen.
where is the other channel talking about crpto u mentioned?
As a economics student going through a depression which I would call a complete apathy to the current system. I also own a 100 trillion dollar Zimbabwean bill.
Wow, what a time to be an economic student! Don't get better real life scenarios that's happening right now.
Im a Zimbabwe trillionaire too
Stock markets have ceased to reliably represent either actual value or actual assets.
Repeating the same action and expecting different results is madness.
It's the snake eating its tail, which is the way the elite recycles economies, using one country before going to the next.
First we had direct goods trade (cattle for wood), then we had golden coin. After that, we invented copper and silver coin. Then we invented printed money. After it, we dont even "want to have" physical, but rather it be on our bank account. Then, totally, virtual, worthless currency. Am I the only one seeing where this is going?
It's definitely not to go buy bitcoin
All currency is worth exactly what people believe it's worth. It matters not the look or delivery of it. Even gold is mostly worthless except for looking pretty and use in a few electronics. Bullets, caffeine, and alcohol. Those are the only things of real value.
🤨 2020: Anyone that says Covid-19 Passports would ever be mandated is a Conspiracy Theorist and their dangerous information must be stopped
2021: Anyone that says Covid-19 Passports should not be used is a Conspiracy Theorist and their dangerous information must be stopped
2022: Anyone not having their Papers is a conspiracy theorist and must be stopped...? 🤔🤔
@@wolfpack4128 bullets, caffeine and alcohol. Lol, you got your priorities! I would suggest housing, food, water, and of course bullets which symbolize the firearms to use them as well. Caffeine and alcohol is worthless except as trading commodity, unless you’re some kind of addict I guess.
@@wolfpack4128 thats not even true
Soon we'll be following in Zimbabwe's footsteps.
We already are!
Zimbabwe got the idea from US
It wont be as bad as Zimbabwe. America still produces quite a bit and has good infrastructure. Americans have wealth that is not not tied to the dollar.
That said, it will get messy. This decade will go down as one of the worst for America
@@bobcruz2826 ... Look around pal.. ITS A WORLD DEPRESSION !
@@bobcruz2826 y'know that stock traders routinely buy stocks because "X went down, therefore it must eventually go up"
And it continues to go down.
My point is that just because something is going up doesn't necessarily mean it will go down.
There is no absolute equilibrium, just relative equilibrium.
Propping up the economy means businesses like fishing that you want to die like coal mining did, can stay alive. The market needs to experience hard times so the distinction can be made between good business and bad business. Though it doesn't help when we bail out the banks that failed.
You think coal mining “died”? Haha. In the USA Coal will provide the electricity for 40% of the coming flood of EV’s.
@@jrwstl02 I'm not American though. Most countries have finished mining coal. Mine has. Though it is still a part of steel manufacture I think. I don't disagree that a lot of green washing occurs.
A little doom and gloom like always but great prospective. I personally appreciate the views on both extremes since reality is probably somewhere in the middle. Been around for a little while and this is nothing new. Sometimes I think we like scaring ourselves. A few years back we were all going to die from a nuclear war.
What would life be without conflict
Hit the nail on the coffin. Didn't the Mayan calendar say we would all die in 2012? Sure inflation and climate change is changing today's landscape but that doesn't mean we are heading towards a full-blown disaster. This guy has great facts and the topic surely got him the viewership.
money printing only hurt L053R countries.... not uncle Sam.
the FED can just print money until the end of time, because:
AMERICA IS THE GREATEST COUNTRY IN THE WORLD
debt is only a problem when you have to EARN money, not when you can PRINT them.
So we are just gonna have a great depression bigger than the great depression
I think Peter Schiff has been saying this for quite a while now!
The depression to end all depressions
Love your channel! A lot of people don’t understand economics or how the government issue currency and how that affects our daily lives! It’s certainly not taught in schools. Maybe universities, but not in high school. You have to learn for yourself if you want to understand what’s going on.
After watching this, I salute Satoshi👍 He saw something, none could realise
That anyone can create an imaginary currency, not just governments? Over 10,000 cryptos and more on the way, I'm sure that will work out great long term!
Magic,mistic and unknown Satoshi...do you believe in this fairy tale?😁
@@gordo3582 It’s actually REAL FREEDOM! Creating your OWN WEALTH. Peer to Peer. It’s actually genius. It’s now time for fiat to DIE.
@@gordo3582 if only we had crystal balls, then we could retire now very comfortably maybe. Argo Blockchain plc's shares went up something like 6000 % or more in 1 year since beginning of 2020. Year low 3.42p year high 312.50p. They are involved in bitcoin mining, whatever that means, I'm not quite sure
@@gordo3582 whether you believe in crypto or not long term, sounds like youre missing out on the easiest money short term! 😭 but as they say, ignorance is bliss.
A quote from the Book - This Time it's Different : "Perhaps more than anything else, failure to recognize that precariousness and fickleness of confidence - especially in the cases in which LARGE short term debts need to be rolled over continuously - is the KEY FACTOR that gives rise to the This-Time-it's-Different syndrome. Highly indebted governments, banks and corporations can seem to be merrily rolling along for an extended period of time when BANG! - confidence collapses, Lenders Disappear, and a CRISIS HITS."
This is what a Junkie goes through on a daily, if not near hourly basis. If they can't find their SMACK their health starts to go down hill fast. They find it, they get 'better" but it lasts for a shorter & shorter time frame, which means to get to & experience the same HIGH, they need just a little bit more. Eventually they FLAT LINE.
Can the bubble burst? Let us think: A “market bubble bursting” means that the fiat currencies violently go up in value against market assets. But does that make any sense in an inflationary world where the currencies are rapidly losing value due to over printing? Most likely not. In other words, in an inflationary environment, there is no real bubble. It’s simply a case of asset inflation. Conclusion: a “market bubble bursting” is a very unlikely event for the very simple reason that in reality it’s not a “bubble,” but asset inflation produced by overprinting.
what is the song you use at the end of your video?? 👀 Thanks for the hard work!
You didn't mention anything about Zimbabwe persecuting all the white farmers and kicking them out...
This should be obvious, but don't keep large amounts of your net worth in dollars right now. If a collapse happens you would fare much better if you have money tied up in tangible assets like Gold, Silver, Real Estate etc.
they are going to drop the hammer on us peasants you will own nothing
@@bodhixxx1 Truer words never spoken!
@@rickgriffin1429 keep your AR on your person during these times
The value of everything will go to zero if there is an economic collapse. lol. Everyone uses the dollar as a proxy for value. There's nothing else you can use as a general means of payment in the United States.
And it's easier to say the dollar's value is falling, but against what? It's higher against both the Yen and the Euro. .
@@bodhixxx1 what is AR?
Alibaba is facing huge political risks. The fine was just the beginning of another wave of crack down on alibaba from the Chinese government, and a lot more suppress is coming soon. U.S. institutional investors have already dumped over 100 million shares of BABA since late last year! Stay away from this high risk stock!
Didn't know Zimbabwe had a stock market
When everyone makes the money printers go brrr, everything cost more
I have to say, I love your videos. It's great to listen to someone else put there who likes to talk about macro economics and the continued devaluation of the US currency. I try and explain this to people and their eyes cross. This is why, even though as a disabled combat vet uncle Sam pays us very little, I try every month to buy at least 50 bucks in silver while I make sure my wife diversifies her 401k as much as possible. I wish you would do a video explaining the creation on the BRICS alliance and its threat to the American economy. I don't think even 1% of Americans understand the untapped power that can and soon will be wielded by this group. In my opinion anyway.
But they burned one hundred dollars !!
Where is that other video? I can never find links in the description below :,(
same
ua-cam.com/video/lGd0UZdSWDc/v-deo.html
X out the comment section and go to Description page, then scroll down & you will see listing of the recommended links.
Not particular sure hyperinflation exists in this day and age . I come from Africa and comparing zimbabwe which is a third world banana republic to the USA doesn't make sense.
The erosion of the dollar has been spoken about for years every time the fed prints money . We haven't really seen this take place . I think the antethesis to inflation is innovation . That's the deflationary enzyme that balances or justifies the causal effect of printing. The US dollar is the reserve currency of the world and there's a huge demand for it . Most African countries or all that are in debt pay their debt in US dollars . I don't see a demand shortage.. the US dollar will hold its value regardless of its printing cycles
Saying Zimbabwe GDP growth is bigger than the US is like saying a lemonade stand is making more profits per drink than McDonalds does.
It's a crash where the prices go up.
USA, world's largest importer of consumer goods. US dollar, current world reserve currency, how in the world can the world afford to have the US Tank???? Come on man!!!!!!
That's what we're counting on, says the federal reserve...
The SEC has made an attack upon crypto currency already. The international banking cartel will NOT allow crypto to succeed, unless they can control it. Keep an eye out for those efforts.
A reset by any definition, that benefits all people, will have to be based on a greater mutual understanding. Those individuals who have simply lived, are the very perceptions needed in moving forward in an economic world where all benefit. Those individuals with the most influence thus far have to understand the reality of all those they profess to be helping. The larger reality at this point is that there are those at the bottom of economic definition who understand the reality of there own existence as well as understanding the reality of the creators of it. I have worked for over forty years without buying into the definitions of these systems for the greater assurance of my personal benefit. A simple understanding within my own reality, that a majority may be able to grasp is, money, simply put, is a tool. By this simple definition the true value of a tool for all people is understood. A valuable tool works for you. If you are working for the tool, it is not a tool that supports your value and you are merely the slave of a bad tool.
The multitude currently are in the final phase of being judged by that which needed a bail out. In this, if you have not needed a bailout by these systems, you get to make a concise clarification that is a process of things being set in appropriate order. Those who needed bailing out, do not, and never should be the judge of others who have not needed bailing out.
Although I think this is mostly a good video, I also think that a few things you mentioned were a bit misleading or wrong:
1. You didn't mention that one reason the federal reserve kept printing money was because after the 2008 recession was because it wanted to try to keep and maintain inflation around 2%, it wasn't just to keep investors and markets happy. This is also seen in countries like Japan, who have increased their money supply far more than the US over the years in order to have a low, stable inflation rate (or prevent deflation in Japan's case)
2. Yes printing all that money devalued the currency, but since inflation was quite low and other countries were adopting similar policies, the US dollar has remained a fairly strong currency in the international market. Comparing the rises in the US stock market to that in Zimbabwe is very misleading. In 2020, the one in Zimbabwe was caused by printing way too much money with no counterbalance and having a ridiculous inflation rate as you said. However, the one in the US was mainly caused by people having lots of savings with not much else to spend it on since most places were closed, combined with low interest rates since it made saving it in a bank pointless. There was also the fact that quantitative easing meant that some (financial) institutions had lots of cash to invest with. Yes there were other things as well, but it was mostly due to demand, not the Federal reserve devaluing the currency and artificially inflating the stock market like what happened in Zimbabwe. Blaming it all on inflation and money printing and ignoring the market forces of demand and supply is a big mistake.
3. I agree that it's not certain whether there's a bubble in the stock market right now. Although many stocks/stock indexes are very high or overvalued at the moment since most are not making a profit or producing anything right now as the economy hasn't fully reopened yet, I don't see the stock market collapsing in the near future. This is not because of money printing, but because economic growth in the US is predicted to be around 6% for the next few years, with low interest rates, and there is a lot of investor confidence. It may not increase as dramatically as we saw in 2020 but I don't think the market will collapse.
4. (Hyper)inflation has led to the collapse of nations and economies in the past, but saying that the inflation experienced in developed countries today will bring about that sort of collapse is just silly.
5. I don't think the US dollar is going to lose its status as the world's reserve currency any time soon. The US is still the world's biggest economy (by real GDP), and the US dollar is still the main currency used for international trade and commodities (notably oil). I believe the potential of a reserve currency is denoted by its stability and how useful/used it is internationally, not how strong it is compared to other countries' currencies. As countries such as China and Japan (as you mentioned) grow bigger and become more interconnected it's not surprising that the US dollar might not be able to maintain its dominance forever; but I can't see it losing its status soon, especially with its economy and influence coming back after the pandemic.
This is my personal opinion of events in the video, I don't expect everyone to agree with this. But I think this video was too focused on the perception of the economy through the stock market and on inflation/devaluation, to the point where it started to ignore other economic factors.
bitcoin will never be a currency. it will go to 0. the question is only when, not if. most likely when governments create their own digital currency similar to what China is doing right now -then bitcoin will become obsolete.
Sigh.....people already know Bitcoin isn’t going to be a currency....it’s too inefficient.....it’s a store of value like gold.....stable coins like Tether are gonna be the “currency” of the crypto market. You should seriously research crypto, lots of opportunities to make money. Just saying.
Ur ignorant. Government digital currency is controlled and monitored by governments. Bitcoin etc are defi
What a great time to be alive 😊
Here is a couple of real examples. My neighbor lady had her roof replaced 7 years ago, cost $6,712. The same company just quoted me $21,500 for the same job. That is partly because of material shortages due to the pandemic. That same lady has spent a small fortune putting in a greenhouse and raised bed veggie gardens. She is either crazy, or crazy like a fox. She said we could have enough of what she grows to survive. I'm thinking maybe I get a couple pigs, some chickens, and a few rabbit traps.
@@lareemcra347 That lady isn't crazy at all because she sees what lies ahead, the biggest economic crash of all time followed by hyperinflation supply shortages and mass starvation !
@@lareemcra347 Will governments allow people to be independent enough to grow their own crops and raise their own farms? I think it is better to invest into food(s) that store a few years and replace as you eat it. If one has that, then working on a side project, as you mention is a good back-up plan.
@@ziontrumpet3343 I really think the only way the globalists can go wrong is to push too hard and trigger some kind of real resistance. If they just ease on into it the boomers and even a few my age (79) could live to see the cancer that is Ca. and NY spread across America with AOC as the leader (Harris has flamed out, not crazy enough). The younger generations have been groomed for it and with most all of every kind of media, Hollywood, pro sports, law enforcement, SCOTUS, Twitter and FB, late nighters like Colbert and the like, all pushing their brave new world it's about all they have to look at. A few states may try to secede if the transition to socialism gets too fast but they will likely fail. The left is organized, dedicated, and well funded. The right is the opposite of that. It will be like shooting fish in a barrel.
@@lareemcra347 That is not going to happen unless the US changes its political system. Once a Republican gets elected or they control either the House/Senate, these full-blown socialist ideas will be halted. Yes inflation is here for the time being and we need to alter our approaches due to climate change. However, I believe this video and message is very overblown.
*Looks at 1000+% gains from investing into march 2020 lows in crypto*
481%? that's funny money
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Tell him you were directed by me,,,
I’m telling you right now, the Zimbabwe 2008 AA Bonds are going to revalue big time as part of the Global currency reset, NOT the great reset, big difference. Watch Vietnam as well. 32% GDP over the past two years. Things are not as they seem. Countries are bailing out of the US dollar for a reason. The Gold standard is upon us.
^
@@ziontrumpet3343 ?
I’m pretty sure I’ve seen a video like this every year for the past several years...
You're right - same as end of the world videos - but this is different. Many countries have virtually halted their economies for over a year and have printed enormous amounts of money to give to people who are sitting indoors doing nothing. There's no way this can't cause a huge problem.
10 years for me......
I thought the covid lockdown would have done it; but the central banks never sleep. They always have some new tricks. I see this now not at a one time big implosion, but a slow erosion, decades long of the West into poverty. Eventually all the average people around the world, will live on a relative equal level. This should provoke neutral response if you live outside the West, and should give you something to think about if you live in US or Europe...
@@alexp.2897 You're overreacting dude, I doubt that'll ever happen. So put your tin foil hat back down.
@@lawbringer9857 ROME fell
When the bubble bursts, I will own the world. This is rather exciting
everything will crash