140 Years Of Monetary History In 10 Minutes
 | BWG
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140 Years Of Monetary History In 10 Minutes | BWG

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Visit: http://HiddenSecretsOfMoney.com & http://GoldSilver.com This week’s video is a flashback to Episode 2. We received many comments from you on the blog … .

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42 thoughts on “140 Years Of Monetary History In 10 Minutes | BWG

  1. Wow, we seem awfully close to this scenario. Inflation has started, money printers are working non stop all over the world. Hyperinflation and then fiat currency collapse. I guess crypto might be the next step, since it is independent from gold and a decentralized entity.

  2. 7 years old and still one of Mike's best videos thanks for all your hard work Mike. You and a very few people (Peter Schiff, Mises institute) were warning us decades before the mainstream.

  3. it would be great if this video was shown in all high schools across the country.

    sadly, 1. it will never happen and 2. its to late for this round.

    so the younger generations will learn these lesson the hard way, by bitter experience.

  4. Stop paying taxes, instead fund your militias and regulate them well..! They will protect you from tax collectors…and communists.! Until we are a Republic again and gold and silver are the only money.! Militias are Constitutional as is the 2nd Amendment,and,(tyranny ) is not.!

  5. France president realised other countries havent got enough gold to back up dollars….hmmm for other countries to trade too while US was printing money for others…debt was there but they also got gold…..hahah

  6. Thats exactly is a plan for balance 3 too how europe had to imports consumer goods and food from UsA thus gold flowing in US and dollar demand increasing making US global….this time systems changes while Aus away from world…could be the potential while India could be supplier too…hence Aus need investments too if in future……

  7. Backing currency by gold wont work for long….as population increases while gold is limited resource moreover the time it takes to mine it and investment needed considering banking systems or loan and interest….makes debt economy where total credit is impacted causing investors to not invest due to less demand.

    Something to think about

  8. World has repeated same monetary systems from Athens to Romans to Jews to Dutch to England bank to FED USA…..may be first few can be let go their mistakes but others did not analyze before creating system? Means they dont agree past mistakes in present to improve. While past happened from present only. So making present too meaningless of future. Why do future planning then? Something to think about…..past and present should be analyzed for better future.

  9. The Money Changers film suggest a move to the gold standard would be in the favor of the central and world banks being they are private and hold most of the worlds gold due the vast amounts of national debts. Interesting view.

  10. 🤔 BASICLY THE US DOLLER DID DIE IN 1971 .
    FROM THAT DAY IN 1971 NIXON TOOK AMERICA OF THE GOLD STANDARD AND UP TILL TODAY HAVE JUST BEEN A LONG SLOW DEATH FOT THE US DOLLER, BUT THE MUSIC IS JUST ABOUT TO STOP AND THIS TIME THERE WONT BE A CHAIR FOR THE US DOLLER IT IS SOON GAME OVER.

  11. DAMN ACCURATE Mr. Maloney! 7 years later it has come to fruition!

    Bitcoin and Gold will be the new standard in the coming decade. Thank you Mike for raising the awareness. Bless you.

  12. Don't let this man fool you that there is some sort of magic trick going on…paper money is a mechanism same as gold standard was.
    If you live from paycheck to paycheck you are profiting from the current system because it allows the current economic expansion and affordability of goods and services.
    This video for whatever reason (perhaps to start you up on byuing gold) alludes you towards the assumption that gold has some intrinsic value…well, if you're hungry in a forest or a deserted island then the trillion tons of gold that you have on you has a zero freakin value..because it will not buy you a drop of water neither a crumb of bread nor will it get you any clothing…it's just a pile of metal scrap.
    The gold (weighted, valuated and minted) has a value that is attributed to it via market mechanisms
    AND THE SAME GOES FOR A PEACE OF PAPER that we would nowadays call paper money.
    Gold is a commodity and currently on Earth it is a finite resource all of which did make the use of gold in the modern fianancial system out dated!!! (it most certainly tho suits the purpose of storing value than paper money does due to inherent inflation). Paper money is used within the market mechanisms as a currency of exchange (if you're using it as storage of value then you're crazy for sure as you're losing value, unless your country just invented the 7th industrial revolution and your currency will grow 100x in value over the next decades)
    However, using gold for a normal day-2-day exchanges is pretty much the same as using horses in the era of the automobile…sure if you have a horse and you run out of food then you can eat your horse if it's a "you or it" situation…you can't eat your car – I guess that counts as an argument, but how many times has that type of situation actually occured…???
    Same goes for gold vs paper money argument. Having the ability of exchanging gold for your money in any branch of any banking society will never help you with nothing (and it is unattainable, physically imposible too!)
    And, btw, you can just buy gold for money on the open market if you are so inclined (because you're preparing for the next crash, or whatever).
    It will only serve you if you have lots of money and you want to have something that is more shock proof then a currency in the case the whole thing breaks down in sucha a manner that people must resort to trade items for items – sure, pile up commodities, minerals, grains, paintings and property. (that is what all rich people do to some extend).
    If you live from paycheck to paycheck you are profiting from the current system of monetary mechanisms because it allows the current economic expansion and affordability of goods and services. Also loans and mortgages. It's got downfalls no doubt but what doesn't? Even the heavenly bodies are flawed and everything eventually breaks down. Gold standard has ended simply because it was an unatainable model for modern economic output. (same as a horse is)…there is no grand scheme with the masterminds planning on eating your children behind it – it used to be stone tools, salt, metals and now it's paper money (which is mostly plastic and digital)…humans have been doing this tens/hundreds of thousands of years and will continue doing this forever as it is in our nature to trade and to share. It will not all come to a complete halt just because you think it is about time, 😛
    If you've got plenty of money I am sure you are not here reading this…also, I am sure you already either know how to or have people working for you who know how to best store that value into the future and secure it against market volatilities and most unpredictable forces. (such as massive demographic changes, the age of the machines and so on..however nobody knows what the future holds…look at the Habsburg family and their fortunes ,lmao, poof! the most powerful family on Earth back in the day and all they had was gone in a number of years…same can happen at any time to anyone and no matter what you investment portfolio holds there are events nothing can protect you or your wealth against – after all we live in a universe with particular sets of rules and everything is headed towards entropy )

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