Gold & US Dollar | Money & Monetary System | Bretton Woods | World Currency System | Documentary
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- Опубліковано 13 чер 2024
- End Of The Road: How Money Became Worthless - Wall Street is being occupied. Europe is collapsing in on itself. Around the world, people are consumed by fear and anger, and one question is on everyone's lips: Is the financial crisis over, or are we headed towards economic disaster? End of the Road is a documentary that chronicles the global financial collapse.
End Of The Road: How Money Became Worthless (2012)
Director: Tim Delmastro
Writers: Jason Spencer, Tim Delmastro
Stars: Adam Fergusson, G. Edward Griffin, Mike Maloney
Genre: Documentary
Country: Australia
Language: English
Release Date: 18 August 2012 (USA)
Also Known As: Χρήμα χωρίς αξία
Filming Locations: USA
Storyline: Wall Street is being occupied. Europe is collapsing in on itself. Around the world, people are consumed by fear and anger, and one question is on everyone's lips: Is the financial crisis over, or are we headed towards economic disaster? End of the Road is a documentary that chronicles the global financial collapse. Told in an entertaining and easy to follow style, the film tells the story of how the world came to be in such a state, from the seeds sown after WW2, to the current troubles facing us today, and to the possible future that may await us all. Some of the world's top economic minds share the hidden tale behind the mishandling of the world's finances, give insight into how bad policy and a flawed monetary system joined together to create a catastrophe, as well as sharing their own personal advice on how the average person can best prepare for their financial future.
Review: "Some people apparently wrote some negative reviews about this documentary. They mention that the documentary is about propaganda from "neo-cons" and "gold dealers". This is a lie, the documentary interviews people who understand the situation and many of the people interviewed predicted economic events, because they understood the reasons.
The left wing propagandists writing these negative reviews do not like these facts because they are critical of big government and central planning.
The documentary contains some great information and is highly recommended if you want to learn more about the real economy. 8/10" Written by dbb79 on IMDb.com
"It was interesting. Currency is so abstract and this and the '08 free fall illustrates just how convoluted it's become. I'm not sure 'ponzi scheme' is the best analogy for the global finance situation we're in. A single investment scheme and world markets regulated or controlled by governments are very different beasts. Every recession or depression brings inflation. Only time will tell how much. I'm skeptical about the insistence that gold is still the most real money. I'm no expert but it seems we've moved too far beyond that. I just wonder with the CEO of a gold selling website going on and on about it, that there's a conflict of interest and they may be inflating things to drum up gold sales. If I had money to save I might consider some gold just in case, to diversify. But if you have a gold bar and the economy completely tanks, I don't think there's much good that bar will do. It's not going to buy food." Written by miko-526-390895 on IMDb.com
Also Known As (AKA)
(original title) End of the Road: How Money Became Worthless
Greece Χρήμα χωρίς αξία
UK End of the Road: How Money Became Worthless
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#monetary #dollar #gold
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The stock market is a complex system that is influenced by a variety of factors, including economic indicators, political events, and global trends. The relationship between policies and the stock market can be complex and multifaceted, and it can take time for the full effects of policies to be reflected in market trends. Therefore, it is possible that policies implemented in the past may have a "lagged effect" on the stock market, as their full impact may not be felt until later on
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
@@hermanramos7092 Impressive can you share more info?
@@hermanramos7092 She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
The effect of US Treasury Notes being unloaded by Banks as they attempt to accumulate cash to support the ability to survive demands from Employers, who need cash to pay Employees, appears to have been one effect of the Silicon Valley Bank events.
The ability of the US Treasury to sell more of the Notes that support the Federal Reserve Note, seem to be struggling to find supporters?
But I am sure the Fiat Dollar will endure.........Right?
I am 30 and I have no knowledge of the basics of money at all. Watching this, it gave me an understanding on why my country is affected when the US economy is crumbling. Now it's giving me ways on how to avoid financial ruin and urge me to learn more about finances. Thanks 👍
can i ask?
Your efforts will make you better!
"There is no nation on this planet that uses money; we all use currency. There will come a day where everybody knows the difference."
That’s why when you are born you are forced into a birth certificate system that the country can bank on. Your certificate is in all capital letters as in you are a new born corporation. You do not enter school or leave the country, Bank or do much of anything in life with out that corporate certificate. So yes you are government currency for future dollars from the second you breath, your first breath.
I was 2 years old... I remember my dad arguing constantly with the TV.
HE SAID IT WAS STUPID , AND A LIE to discard a gold or silver standard.
He was right
You don’t actually develop your memory until after three years.
@@josehawking5293 😂😂😂
He was actually very wrong, and doesn't understand what gave gold its value in the first place... prior to, its demand for payment of taxes by the rulers under the threat it wasn’t paid they would be in prison, and tortured... prior to that it was but a worthless, be it a pretty soft rock. AND WHAT gives modern money its value, the demand for payment of taxes by the leaders to the risk of imprisonment if you don't.
You need to read Professor Stephanie Kelton The Deficit Myth and also watch Modern Money Professor Randal L Wray.
@@josehawking5293 I remember learning that fact when I was 1 1/2
Considering the current value of the USD to gold terms today, it sure has gone down by an average of 4%“ Gold will be around, gold will be money when the dollar and the euro and the yuan and the ringgit are mere memories.” - Richard Russell. So, in as much as I am a strong bull on the dollar, I'm glad to have sold off at premium.
Under the gold standard, a free banking system stands as the protector of an economy’s stability and balanced growth. When gold is accepted as the medium of exchange by most or all nations, an unhampered free international gold standard serves to foster a world-wide division of labor and the broadest international trade.
@Tom, a sell really? Despite the recent decline on the market cap of assets and currencies, I remain a strong bull on the economy. I believe after a decline comes a boom. This is why have a mentor is prominent when getting involved. Having faced my bad share of the market, I mean losing almost half a million worth holdings, I’ve been able to rebuild with the help of Yvonne Annette Lively, she’s the reason behind my abundance podcast.
@@maryalchester Yvonne Annette Lively with Morgan Stanley? Was she recently on a fin podcast?
@@mvanwie Yes! Was on one with Tate. Crazy how she keeps soaring with the roi. Any idea on her charge? I mean Yvonne Annette Lively
@@maryalchester thanks Mary.
Thank you for an excellent documentary to make me well understand what's going on about our monetary system and the importance of GOLD as A Real Money.
Thsnk you a lot for the great documentary. I think this video should be watched by millions of people.
😳
"If you can't hold it, you don't own it."
1000%
This can even include the NAME on your birth certificate...
Tangible
@@enigmathegrayman2953 Physical
Here, *hold my beer* and oh! Don't even think of drinking it!
Jim Bakker non-fungible tokens available on the blockchain.
"This Is Certainly Not The First Time I Have Watched This Wealth Of Knowledge, I Doubt If It Will Be My Last, Because I Learn More Each & Every Time I Watch It" Thank You
Jim Bakker non-fungible tokens available on the blockchain.
Simply the best documentary on real value of Gold, much respect to Peter Schiff and all the team at the Euro Pacific Capitals for making responsible investments!
Play this more often please! Best video yet!!!!
This is the first time I've seen a documentary that fully explains this. This was very well put together
Look history it’s all over
DO you understand what gave gold its value in the first place... prior to, its demand for payment of taxes by the rulers under the threat it wasn’t paid they would be in prison, and tortured... prior to that it was but a worthless, be it a pretty soft rock. AND WHAT gives modern money its value, the demand for payment of taxes by the leaders to the risk of imprisonment if you don't.
You need to read Professor Stephanie Kelton The Deficit Myth and also watch Modern Money Professor Randal L Wray.
Very informative . Even an ordinary guy with just basic education understand the professionals who hv explained it so superbly.
Een documentaire zoals dit hier gericht tegen de EU zou binnen de maand van UA-cam gehaald worden,dat zegt alles over de vrijheid van spreken hier! Maar het enige verschil is dat de USA vrije wapendracht toelaat,en hier de burgers geen wapens mogen bezitten,!
Dat en dat alleen, is het verschil!!!!!
This documentary is Gold ❤️
DO you understand what gave gold its value in the first place... prior to, its demand for payment of taxes by the rulers under the threat it wasn’t paid they would be in prison, and tortured... prior to that it was but a worthless, be it a pretty soft rock. AND WHAT gives modern money its value, the demand for payment of taxes by the leaders to the risk of imprisonment if you don't.
You need to read Professor Stephanie Kelton The Deficit Myth and also watch Modern Money Professor Randal L Wray.
Excellent play on words!
Well, what did we learn 10 years later.....We printed even more money to fight the "pandemic" !!!!!
After a horrendous 2022, shell-stunned financial backers have misfortunes to recover and a lot to consider, as an expansion report and a pile of different information did close to nothing to change assumptions that the Central bank would probably keep climbing interest rates regardless of whether the economy dials back, And that implies more red ink for portfolios for the principal quarter of year 2023. How might I benefit from the ongoing unstable market, I'm currently at a junction choosing if to exchange my $250k security/stock portfolio.
Centre around two key targets. In the first place, remain safeguarded by realising when to offer stocks to cut misfortunes and catch benefits. Second, get ready to benefit when the market turns around. I suggest you look for the direction a representative or monetary consultant.
In-fact, ever since coronavirus I've been in regular conversation with financial examiners. Nowadays, buying moving stocks is quite easy; the trick is knowing when to buy and when to sell. The section and leave orders for my portfolio are made by my counsel. accumulated more than $550,000 from a $150,000 savings that was initially stale.
@@lucid480 She is Julie Anne Hoover my consultant. Since then, she has devoted section and leave attention to safeguards that I have been keeping an eye out for. You can locate information about the chief online, on the off chance that you're interested. I made no regrets about substantially adhering to their exchange strategy.
@@marcelrobert9569 This recommendation comes just in time because I'm literally grasping for straws right now! I looked her up on the internet and made plans to call her.
Solid - Gold, Silver, Copper, ( Platinum/premium ).
Liquid - Oil’s & lubricants (A/kinds ).
Detergent - washers (A/kinds ).
Cleaner A (body/life form - external )
Cleaner B ( body/ life form - internal )
Cleaner C ( N/L/S ) surface / space 25% Future investment
Radiant - Aerosol, perfume, smell.
Extra’s - ultra antique ( prior 1989 ). All spectrums ( oposite to your country of origin . Example ( oposite team t-shirt from home 🏠 team ) .
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." Henry Ford
Wondering why these CEO are telling people this🤔
These guys don’t either.
Yes if you did understand how it works you would be furious... poverty, sickness, homelessness, unemployment are ALL political choices. You really need to read the Deficit Myth by Professor Stephanie Kelton and educate yourself on Modern Money by Professor Randal L Wray, Professor William Mitchell just to name a few.
CONGRATULATIONS ON FINDING A RANDOM QUOTE ON THE INTERNET!!!!!!!!!!! EXCEPT HENRY FORD SUCH A STATEMENT!!!!!!!!!!!!!!! :D :D
@@pamelakrause9311 EXCEPT THAT IS FACTUALLY WRONG!!!!!!!!!!!! ALSO FACTUALLY MISLEADING!!!!!!!!!! SINCE THE SOVIET UNION HAD 100% EMPLOYMENT, AS MANDATED BY LAW, ONLY PROBLEM, IS THAT THEIR EMPLOYEES WERE ONLY 50% AS EFFICIENT AS AMERICAN EMPLOYEES!!!!!!!! NOT TO MENTION THAT THERE WAS ALSO A LOT OF ABSENTEE EMPLOYEES DUE TO THE FACT, THAT IT WAS BASICALLY IMPOSSIBLE TO FIRE WORKERS (DUE TO THE LAW, MANDATING EMPLOYMENT - WITH UPTO 50%-80% OF EMPLOYEES BEING ABSENT - WHICH, SINCE, IF YOU ARE GOING TO GET PAID WHETHER OR NOT YOU SHOW UP FOR WORK, YOU MIGHT AS WELL NOT SHOW UP, AND STILL GET PAID)!!!!!!!!!!!!!! NOT TO MENTION THAT CAPITAL INVESTMENT WAS BASICALLY NON-EXISTENT, DUE TO THE LACK OF PRIVATE OWNERSHIP (AND THE CENTRALLY PLANNED ECONOMY), AND ALSO DUE TO THE LACK OF PRICE SIGNALS TO INDICATE TO BUSINESSES WHAT CONSUMERS ACTUALLY WANT, WHICH DIRECTLY LED TO CONSTANT SHORTAGES OF ESSENTIAL GOODS, AND SURPLUS GOODS, WHICH NO ONE WANTED TO BUY!!!!!!!!!!!!! NOT TO MENTION GOVERNMENT QUOTAS, FOR PRODUCTION, (WHICH AFTER THE FACTORY """"MANAGERS"""" REALISED THEIR BONUSES WERE TIED TO MEETING QUOTAS, IMMEDIATELY STARTED GAMING THE SYSTEM TO """"ONLY"""" GO JUST OVER THE QUOTA AMOUNT - OR IF IT WAS NOT ACHIEVABLE - TO GO FAR BELOW IT, TO GET THE QUOTA AMOUNT REDUCED - THIS WAS DONE BY THE MANAGERS, SINCE THEY WOULD ALSO BE THINKING OF THE FOLLOWING YEAR, AND EVERY SUBSEQUENT YEAR BONUS!!!!!!! :D :D
This should be exposed in educational institutions and schools to help new generation learn the basics of financial life and how to manage it.there is no word can describe my feelings after watching this prolific documentary thanks a lot for this ❤
The next generations will have much bigger problems, for example the total lack of raw materials and enviromental problems
The education system does not want you to know how the system works. Curriculums are determined by regulations provincial and state. Schools are not federally funded they but regulated by fed. . Why would they promote financial ed . As long as we are naive they can keep pulling the wool over our eyes. I took consumer ed in school as an elective but I think finance should start early ed and continue on to post secondary. Instead I had to learn about cro- magnon homosapiens man garbage with absolutely Zero relevance as if every child in the system is going to become an anthropologist.
Thank you for this upload. I'm now more informed and a little scared.
Imagine how scared the government is. Thats why 1971 happened
Sheeps are scared lions react to the situation
Buy bitcoin
@@MerkabaChild Don't react, Respond. Then you win.
Me too I understand,,✌️ And ❣️☝️
Thanks for such an informatic video.
Nice. Very informative. Thank you!
Despite the fact that I invest, I am saddened by my inability to evaluate each company's performance and determine whether or not this is the ideal time to purchase stocks. My monetary stockpile is being depleted by inflation. At this stage, I need accurate market trajectory data, but I'm not sure what to do.
Particularly in this weak market, there are several opportunities to generate excellent returns, but such intricate transactions can only be carried out by seasoned market professionals. I suggest that you look for a mentor or knowledgeable advisor, particularly in light of the current economic climate.
@@EvanQuiel4 You have a good point. I’ve actually been looking into advisors lately, I could really use some guide, but are they really that effective though?
@@EvanQuiel4 I’ve actually been looking into advisors lately, I could really use some guide, but are they really that effective though?
@@martinerJuhel1 They are excellent at what they do; I got the chance to engage with one and it was quite beneficial; I had my entire portfolio restructured. Susan Lorraine Curry is the mentor who coaches me; you've probably already come across her because she's well-known in her industry.
You need crypto!
A fantastic Documentary. 👍👍
Based on our DEBT the price of gold today should be between $15,000-$28,000 an Oz.
The definition of a dollar WAS silver. A good detail left out of this. Good video
Produced by true conspiracy theorists! 🤔
Now 1 silver dollar cost 25 dollars. What does that tell you. The dollar is worth 25 to 1.
I really enjoyed this documentary! Thank you for the knowledge, wisdom, and information on what real money or sound money is and it’s qualities. Gold and Love is the 🔑
Well analyzed as always.
this got me thinking.
keep up with this kind of video
A very good analysis.
Keep up the good work 👏
Thanks very much for the upload! 👍🏾👍🏾💰 important to watch it nowadays.
👍🏼
👍🏼
🎥🎥🎥
Nice
thank you
thank you for upload this video i have been searching how value for currency comes and i am finally able to understand it.
You're welcome!
More important knowledge to have today then ever as Pandemic has resulted in exponential govt and personal debt
Watched the whole episode with great interest! Cool, waiting for more.
Gooooold
🎬❤️
Gold used to protect people against wars, calamities etc. Today, the masses are more vulnerable than ever before.
Was this filmed in2021?
One of the most useful videos I have ever watched!
I would love an update today on this from all these insightful people.
very good explanation! new subscriber here! thanks
Great and informative video. Thanks
Thanks for watching! Check out this film as well if you haven't already: ua-cam.com/video/MZFVbkNbtgk/v-deo.html
Great doc, thanks for sharing. Very interesting!
Thx🎬❤️
Well documented...thank you. Wm
this is the best documentary, on money
Guys God belss you. After watching your video, I now understand how monetary system works. Thank you
what an interesting documentary,
,,
Gold dollar--oil dollar--debt dollar--War Dollar
???
The best is use solid pure gold.. it cannot be printed, as it is solid gold.. As currency may be over prints and result in silent devalues.? L
Like during trumps term. Gold was originally, @ +_1000 $per ozs. And suddenly the next day becomes 2000$$ per ozs..
So we translate it as $$ has devalue from 1 to 2 times for gold....??? And
We've been having war dollars since WWII already
Next… digital dollar
@@bigmanrctoys8484
The Bahamas, Jamaica, and Nigeria have already introduced CBDCs. And more than 100 countries are in the exploration stage. Central bankers in Brazil, China, the euro area, India, and the United Kingdom are at the forefront.
The US is moving toward cashless payments, with a substantial increase in the use of mobile wallet apps and contactless cards. A report from the Federal Reserve Bank of San Francisco found that payments made using cash accounted for just 18% of all US payments in 2022.
The pilot will test how banks using digital dollar tokens in a common database can speed up payments. Participating banks include BNY Mellon, Citi, HSBC, Mastercard, PNC Bank, TD Bank, Truist, U.S. Bank and Wells Fargo.
i remember when a Big Mac from maccas was massive and was like 3 (AU) dollars. They are now so small and now cost over 6 bucks.
This was very insteresting to listen too. 👏🏼
Thank you...
Good job 👍
I think this is partly true/. In the old days, we don't have automobiles, colour TV, internet, mobiles, .... All these we work and pay for.
The things that cause inflations are waste, such as wars and corruptions
This documentary is so informative & educative: l now know what is ponds scheme & fiat money
What a great documentary
Yes it's very surprising. Don't really understand why youtube didn't yet remove it since zionist bankers are very influent and don't want this kind of documentary available.
Excellent Documentary
Many thanks!
Thanks to the team behind that documentary. I am fully illiterate on finance. But, that docu starts waking me up. Keep up the good work!!!
Why gold?
Thanks a lot for this
Welcome!
Loved this documentary!
are u famous or sum?
WHEN YOU ARE GOLD BUSINESS,YOU CAN'T GET PERFECT VIEW OF WHAT'S MONEY/PURPOSE
There's no strong state on this Earth without economic standard as i believe in economic state.
Thanks.
It is amazing to learn about how to make Money and spend them it doesn't matter
I still don't understand them anyway. But thank you
It's very educational to learn about them.
Gold is money and has a real value! US Dollar is currency and has an artificial value enforced by the US Policies and wars around the globe.
Awesome
It might not be cash thee, governments must be exchanging much more. This is another amazing documentary I get to see, thank God.
Lovely & frightening at once get into hard monies everybody 🤗💪🤗
💪👍
That sip of oil that got wasted at 17:12 hurt me a lot.
我是加密货币的忠实粉丝和投资者，我非常喜欢他
Still watching Frank G Melbourne Australia 🇦🇺
Impressive
Now we are in 2022. Wow look at this inflation. If it was dangerous times in 2012.
Imagine today!
without a moral government
we need a gold standard
with physical gold coins
Buy Bitcoin
@@PA-yy8vu The majority of Bitcoin could well be criminals. 🤷🏻♂️
One said buying gold can protect you from the government.
Those of you are not rich enough to buy gold, buy silver, aluminum or copper, these metals have tremendous value in terms of utility and can be resold after the collapse
It makes no difference to just know this because nobody can do anything about it.
Unreal doc
Very good documentary
Glad you enjoyed it
Agree, cool stuff and informative
thx
good doc
YOU KNOW WHY THIS HAPPENED????
because we have embraced secularism! We made godless ppl our leaders. And the worst thing is to give power to someone who believes there is no power above him. It’s the morality issues. There is no point of being moral if accountability won’t exist.
We need to return back to reality that this life is not a paradise where all your wish come true. It’s a test! Lack of faith in paradise leads to worldly greed.
you are doing a great service to the world
thank you.
Thank you for this video. 👍
My pleasure!
ive watched this video 2 x im trying to wrap my mind around it but it does make sense
Yeah we are screwed basically
"We shall have world government whether or not we like it. The only question is whether World government will be achieved by conquest or consent" James Warburg
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered." Thomas Jefferson
You wrote that?
@@josehawking5293 read the quote genius lmao
@@josehawking5293 They're both quotes from very famous people. The first one by James Warburg was from a 1950 Senate Foreign Relations Committee. A young Senator by the name of John F. Kennedy was present! James Warburg was the son of Paul Warburg the 1st chairman of the Federal Reserve....We've been sold down the river for well over a hundred years now....
There are only 2 currency' that haven't been reset....The U.S. dollar & the British pound, but get ready for the "Great Reset"
The U.N. had "Agenda 2021"....DONE! They have an "Agenda 2030", "Agenda 2040", & an "Agenda 2050"
I'm 70 years old & probably won't see it, but my kids will! There are only 3 countries that don't have a Rothschild central bank
Cuba, Iran, & North Korea...I did write this!
TELL THAT TO THE NATIONAL BANKS CONTROLLED BY GOVERNMENTS THAT PRINTED THEIR OWN CURRENCY AND CREATED HYPERINFLATION IN THEIR OWN COUNTRY AND SUBSEQUENTLY DESTROYED THEIR ENTIRE COUNTRY!!!!!!!!!!! FOR EXAMPLE, ZIMBABWE, AND VENEZUELA!!!!!!!!!!!!!!!!!!!!! :D :D
ALSO, THE FEDERAL RESERVE PRINTS MONEY, AND IT IS OWNED BY THE MEMBERSHIP SYSTEM, WHEREBY, MOST, IF NOT ALL, BANKS IN AMERICA OWN THE FEDERAL RESERVE, AND SUBSUEQNTLY BY DEFINITION, THOSE BANKS ARE MOSTLY PUBLIC CORPORATIONS, AND THEREBY OWNED BY THE PUBLIC, SINCE ANYONE CAN BUY SHARES IN THE PUBLIC STOCK EXCHANGE SYSTEM!!!!!!!!!!!!!!! :D :D
ALSO, THE CONCEPT OF CORPORATIONS WERE FIRST INVENTED IN THE 1790'S WHICH IS AROUND THE TIME THAT AMERICA GAINED INDEPENDANCE ANDF FORMED THE COUNTRY OF AMERICA!!!!!!!!!!! IT IS DOUBTFUL THAT ANYONE FROM SUCH A TIME PERIOD COULD POSSIBLY FORSEE WHAT/ AND/OR HOW CORPORATIONS COULD AND/OR WOULD BE USED AS/LIKE IN THE FUTURE!!!!!!!!!!! THEREFORE THE COMMENT IS IRRELEVANT!!!!!!! ESPECIALLY SINCE MOST BANKS IN AMERICA, ARE STRUCTURED IN THE FORM OF A CORPORATION!!!!!!!!!!!!! USUALLY AS A C-CORP TYPE!!!!!!!!!!!! C STANDS FOR SUBCHAPTER C!!!!!!!!!!!!! :D :D
NOT TO MENTION THAT THE """"SUBJECTIVE THEORY OF VALUE"""" DID NOT GET RE-DISCOVERED UNTIL THE 1870'S, AND EXPANDED UPON (IN THE FORM OF THE THEORY OF MARGINAL UTILITY, AND POSSIBLY OTHER THEORIES)!!!!!!!! IN WHAT IS NOW REFERRED TO AS THE SUBJECTIVIST REVOLUTION!!!!!!!!!!! BEFORE THEN, EVERYONE USED THE, NOW PROVEN, FAC TUALLY-WRONG THEORY KNOWNM AS """"THE LABOUR THEORY OF VALUE""""!!!!!!!!!!!!!!!!! (SIDE NOTE - THIS IS ALSO THE THEORY THAT KARL MARX USED IN THE THEORY OF MARXISM, THEREBY MAKING THE FUNDAMENTAL ECONMOMIC PILLAR/ARGUMENT OF MARXISM/SOCIALISM/COMMUNISM FACTUALLY WRONG!!!!!!!!!!! WHICH SUBSEQUENTLY MAKES EVERY SINGLE MARXIST/SOCIALIST/COMMUNIST A FOLLOWER OF PSEUDO-SCIENCE, AND THUS, A SCIENCE-DENIER!!!!!!!!!!!)!!!!!!!!!! :D :D
ALSO, I WILL LET YOU IN ON A LITTLE SECRET!!!!!!!!!!!!!!! MONEY/CURRENCY NEVER HAD ANY VALUE TO BEGIN WITH!!!!!!!!!!!!!! GOLD NEVER HAD ANY VALUE TO BEGIN WITH!!!!!!!!!!!!!!! GOLD HAS ALWAYS BEEN WORTHLESS!!!!!!!!!!!!!!!! GOLD WAS, FOR MOST OF HUMAN HISTORY, SEEN AS VALUABLE, ONLY DUE TO THE QUALITIES, OF BEING DURABLE (LONG LASTING - WHICH IS GOOD FOR A MEDIUM OF EXCHANGE), SCARCE (WHICH IS GOOD FOR CREATING ARBITRARILY PERCEIVED VALUE DUE TO SCARCITY - WHICH SUBSEQUENTLY ALLOWS FOR THE REGULATION OF IT TO BE EASIER), AND MALLEABILITY, WHICH SUBSEQUENTLY ALLOWS FOR THE SHAPING AND UNIFORMITY/QUANITY PER UNIT OF CURRENCY (OR IN OTHER WORDS - THE SAME SIZE PER EACH COIN PRODUCED)!!!!!!!!!!!! :D :D
SIDE NOTE - COWRIE SHELLS WERE ACTUALLY THE MOST WIDELY USED FORM OF CURRENCY THROUGHOUT WORLD HISTORY!!!!!!!!!! THESE CAN BE FOUND ON BEACHES!!!!!!!!! :D :D
@@Tommydat1952💘💘💘
I have been working in Europe and in last 10 years the cash money is vanishing day by day especially during Coronavirus we never touched money. All shopping is paid by the tap of Bank Card or online and its seemingly the credit score we worked for. Sweden n Norway finished their paper currency all together since 2018.
End cash you end freedom's.
CBDC's incoming
Yeah, cbdcs Inc indeed. We're fucked.
@@denistrethewy7288as we learned here, end of gold was end of freedom
Soon owning 1oz gold would be a dream for some
As the US economy is shrinking, the trust for USD is also shrinking. Many countries like Rusia and China have already been making moves to move out from the US fiat system. And worst Saudi Arabia would likewise tend to move out. As we all know, the use of USD for foreign trade has been stabilized because of the agreement between the US and Saudi Arabia to use USD for trading oil, and many countries have followed because they need petroleum. And I think it's time to go back to gold standard.
🎬❤️
Oil is more important than gold.
@@bongdiego8837 yes oil is important but oil are being depleted day by day on the other hand gold aren't they just transfer from one person to another or from one shape to another and all can be recycled and recovered very suitable to use as a currency and history have proven it
Yes, but what to do whit gold except to storing value. When shit starts to collapse, water, food and for some extent oil Will be the most searched resources. Yeah u could have some rich guys adding gold to their portfólios in the hope that this Will be just another transition in the markets.
We like update all saudi arabia has request all to pay by yuan for oil and gas transcations, no mre usa$$$??. Now
Seeking yr permission Sir, to download this video & cut it into various important topics presented here?
history repeated itself . it's better to return gold reserve before printed paper bills to prevent hyperinflation.god bless america
Tedx talk Resetting the financial system is an interesting talk.
That's why China is dumping USD to exchange gold, mines, commodities, and other assets
Thank God I realized it much sooner and invested my paper money for actual gold, the one that we get to keep. I don't trust the banks with my gold either. I store it myself in case any global economic crisis hits us anytime soon, I'll be ready
Gold will always be valuable because the public accepts it and it is scarce. Although people can dig out more gold, the total amount of gold remains unchanged. The U.S. dollar is experiencing depreciation because it can be printed infinitely. Now cryptocurrency has become a future trend. Cryptocurrency refers to the characteristics of gold and determines the issuance of currency through technology. It does not rely on the issuance of legal currency institutions. Under the control of the central bank. It is equivalent to delegating the power of currency to the hands of all participants in the blockchain cryptocurrency system. It is not endorsed by one institution, but by all participants and people all over the world.
At the nation-state level, wealth isn't "money" but either one of two things: the sum of your physical and intellectual capital OR the sum of your military strength (so you can take the former from someone else).
The 2 usually go hand in hand. The highest IQ nations tend to have the strongest militaries, only way for the low IQ nations to be strong is to buy from the high IQ nations...
The inflation reduces all purchasing power, especially the military since it's such an energy intensive endeavor. Add to that military salaries being decimated by inflation. Eventually most of the military just disappears due to falling apart. 80% just move on to civilian life to make a living. Just like happened in Rome.
YOU FACTUALY WRONG!!!!!!!!!!!!!! THAT ENTIRE STATEMENT WAS PROVEN FAC TUALLY WRONG WITH THE INVENTION/DISCOVER OF CAPITALISM!!!!!!!!!!!!!!! WHICH SUBSEQUENTLY PROVED THAT THE WORLD IS NOT A FIXED-SUM-GAME, BUT IS, IN FACT, A POSITIVE-SUM-GAME!!!!!! THEREFORE, ACQUIRING WEALTH DOES NOT NECSSITATE, AS A PREREQUISITE, THE TAKING/STEALING OF SOMEONE ELSE'S WEALTH!!!!!! SINCE WEALTH, IN AND OF ITSELF, CAN BE CREATED!!!!!!!! :D :D
@@philfortner1805 DELUSIONAL!!!!!!!!! FACTUALLY WRONG!!!!!!!!!!!!! :D :D
The US government "can" pay the debt plus interest. That is because the Treasury department can print the money and the debt is in dollars. The only problem is how much the dollars worth? Fiat money means the dollar is not backed by gold. In reality, the dollar is backed by its status as a world currency. That means as long as the supply of goods from around the world can meet the demand, the dollar is safe. International trade is in dollar and therefore countries around the world happily accept interest payments in US dollars. In other words, US is the world Bank, producing nothing but services.
It lost that privilege when it imposed unilateral sanctions on a coequal
I dislike it when people say, “Money only has value because we all believe that it does,” because that simply is not true. You can believe anything you want (that money has value or that it does not have value), but that doesn’t change the fact that it has real value that everyone understands and agrees on-and the amount of money that each bill is worth is printed in ink on it’s pretty little face (well, technically-speaking, it’s printed on all 8 corners of its double-sided, horizontally-shaped body if we’re talking about U.S. currency) 😁
Amazinngg
Thanks.
Fire
Silver is being eliminated from coins Copper is a huge substitute Copper core is the Sacagawea in 2000
Yes
I am always nervous about the economy. I try not to spend. Those in the driver's seat don't deserve my consumerism. They have not taken care of me at all.
God is leader and hero, sovereign central authority
"End of the Road" is an eye-opening documentary that delves into the complex world of global financial collapse. It's a thought-provoking journey through the history and potential future of our economic landscape. Thank you for presenting valuable insights from experts, challenging the status quo, and encouraging us to think critically about our financial future.
This documentary was made in 2012...since then It became worse. We printed so much money during the " pandemic" and they have to balls to say : Inflation come from Ukraine and employee shortage (meaning pay increase). We are sheeps.....
@@raoulheryIn the UK, they were trying to say that it was Putin's fault that energy prices increased - when they began to increase 6 months before that war. But most people are sheep, so they just believe it.
The bigger the lie....the more they believe !!!!@@johnboylan3832
"Afraid something bad might happen" 26th December 2020.. Just wait like, oh I don't know.. say, two months? Shieeet.
The issue is seen by the example of the Hunt Brothers in the early 80's. They simply change the rules.
Cool video/
You could link currencies to value as long as the value is tangible, energy or goods equated by the energy used to create the goods, e,g energy of a human, valuing work output directly. Plus we could then value clean energy higher than fossil fuel energy and as such help save the planet at the same time
I'd love to see the 2024 versiom of this documentary.
Time to start saving to buy gold and silver
World trade should be in Digital Gold instead of Dollar. And all trade deficits should be paid in physical Gold on timely basis. (i.e. yearly or quarterly basis)
XRP
Wrong, let's take about bitcoin for example. 10 year ago bitcoin was $ 0.40 per coin, which every American could own million of coin. Now you see, bitcoin value are in Mar, which not much folk are able to touch. Imagine if it become the world currency, do you think the outcome is better for people like you and me than our current condition?
I cant wait the day bitcoin will shine