Dollar collapse is unavoidable...this is why. EXCELLENT MUST SEE!!
Posted October 7th, 2008 by GiveMeLiberty
output
It will collapse like a house of cards.
Bookmark/Search this post with:
Saturday Evening bump
___________________________________________________
A perfect God is not made imperfect by imperfect people.
Video is correct
This is why Ben B said he would "drop money from helicopters..."
The only way to get money into the economy is to "loan it in..."
credit cards loans of any kind etc.
It is how the folks who run the show....run the show.
If you control the currency you control everything...everything.
Then you control the media....they do.
You control the political system...they do
They control us if you let them.
It is just a few individuals.
They are terrified of being discovered.
We are the process of discovering them now.
Spread the word....the truth is their worst enemy.
Excellent!
The average person today lives better than the robber barons (billionaires) of 1900. It's called technological progress. It is what happens when people are free to think and innovate and have a culture that encourages innovation.
Things would be different with a gold standard. Instead of steady inflation of 3% per year, there would be steady deflation of 3% per year. Sounds like bizarro world but in many ways it is much preferred.
"Progress"
The average American in the 1900s was a hell of a lot freer than they are today. We might have more convenience and comfort thanks to technology, but it doesn't mean we're entirely better off than they were.
bizarro...
bizarro world! I bet we have a lot of Adult Swim fans on DP... :O)
There is a big problem with that video.
It completely ignores revenue from taxation. Doh!
Sure we need to abolish the fed, but we also need to balance the budget.
http://uk.youtube.com/wat...
http://www.freedom-force....
http://lpuk.blogspot.com/
I disagree... this vid is excellent.
The "revenues from taxation" are just a means of keeping some of that debt circulating long-term -- the US Government is continuously going further and further into debt.
Besides, the video is not trying to explain 100% of how our government operates, but rather to give a brief, concise overview of how the fiat money system underlying the so called "dollar" actually functions.
If it can be faulted, it is that it NEVER mentions "gold" -- and thus one is left with the somewhat fatalistic impression that there is no alternative to a fiat money system (or at best that the alternatives -- whatever they might be -- are completely absent and left unexplained).
But, I much prefer this to the "money as debt" video -- because (even though this one lacks any mention of gold) at least it does NOT propose some idiotic socialistic agenda.
I'm with you on the "Money As Debt" video.
But unfortunately this one is just as bad. It is an excerpt from Zeitgeist Addendum and it perpetuates the myth that "The interest is never created and can never be paid off." Haven't you seen Edward G. Griffin's review of Zeitgeist Addendum?
http://uk.youtube.com/wat...
Would you trade your liberty for a flying car?
http://www.youtube.com/wa...
Zeitgeist part 3: http://www2.b3ta.com/mind...
Send me all of you 'debt notes'....
I cannot comprehend the overnight collapse of the US Dollar.
No matter what people say the Dollar is backed by some commodity or service.
In fact all value is assessed by 'agreement'.
Tickets to a superbowl game are given a value by agreement. If they were too expensive, people wouldn't buy them.
Has the value of a Dollar gone down?
Yes and No.
In 1968 you could buy a gallon of fuel for 33 cents. Or a nice car for $3,500. Today those things cost ten times more than 1968.
But today you can buy a super computer that couldn't even be imagined in 1968 for a few hundred dollars. In 1968 a computer that could do what a pc does today would have cost millions of dollars.
I can sit at my $4,000 computer and earn tens of thousands or even hundreds of thousands of dollars in 6-8 hours. I don't have to commute or deal with any of the other issues associated with owning a business.
That paradigm didn't even exist in 1968. There was no internet.
For the dollar to collapse, every other fiat currency would have to collapse. Most of the 6 billion people on planet earth have never used silver or gold as a means of exchange.
What makes anyone think that suddenly that's the only way you'll be able to buy or sell in the near future?
How does a population that grows every second, intend to use a commodity with a fixed supply as a means of currency?
~~~~~~~~~~~~~
World's Greatest Business
http://www.gbemembers.com...
"The Number one reason people lose money is the FEAR of losing money." Sir John Templeton
"Committed To The Eradication Of Poverty Among Patriots"
you're confusing things.
it's silly to talk about computing power as it relates to the dollar. of course once government gets out of the way, people will innovate and we will have technological progress which would benefit all except that government is stealing most of the value of the progress through taxation and inflation. comparing computers to dollars makes no sense.
re: gold and silver as fixed supply...they're not. the global population is growing at around 1.5% per year...and the amount of gold pulled out of the ground is growing at about 1.5% per year. quite a coincidence.
to answer your question: all that needs to happen is for the dollar to float against a gold standard. if we have a thousand ounces of gold and 1000dollars, gold is $1/ounce. Once politicians start inflating, the price of gold goes up. if they deflate, the price falls. it limits what stupid crap they can pull because in an open society, people would just sell dollars for golds whenever government looked like it was going to get up to its old tricks. "Hey, let's have a war!" = goodbye dollar, hello gold. when politicians talk about it not being workable, what they're saying is that they won't be able to try to accrue all the power in the world to themselves without "free" money and the press to print it.
don't buy into the bullshit.
all of the currencies of the world are undergoing competitive devaluations...except for this last bit the other day ago, where they are undergoing coordinated devaluations.
bottom line: gold outperforms stocks, currencies, real estate, everything. When doing your comparison, please don;t look at gold vs. stocks since 1929. 1929 was the depths of the crash and gold was fixed in price until 1971. Compare gold against anything since 1971. Gold wins.
you need to think about what
you need to think about what you just said daddy!
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
SIERRAHPBT, Help me see it differently
I agree with the content of the video. I just don't see how the developed countries will ever use anything other than a fiat currency.
Look at prison populations. They have enclosed economies. And in many prisons the economy is very sophisticated.
They sure as hell aren't using gold or silver. In fact in some prisons they just get a 'digital' credit to their accounts.
Values are negotiated and agreed upon.
Is it possible/probable that the regime would coin a new currency? Sure. But it still wouldn't be backed by anything other than the faith in America.
~~~~~~~~~~~~~
World's Greatest Business
http://www.gbemembers.com...
"The Number one reason people lose money is the FEAR of losing money." Sir John Templeton
"Committed To The Eradication Of Poverty Among Patriots"
Actually, what underlies the dollar is the ability to TAX...
And what underlies THAT is the use of force to seize the hard assets (property) of the residents within the country -- and thus compel them to labor on behalf of the government (turning over a portion of wages/profits) in a form of indentured servitude to prevent that seizure.
Your missing one of the points....
We owe other countries a lot of money. Who owes us money? The dollar will become insolvent because the supply is limitless therefore the value will decrease.
Do you think Platinum would cost so much if there was an abundance of it?
___________________________________________________
A perfect God is not made imperfect by imperfect people.
GiveMeLiberty, we can pay or balance that debt with commodities
The collapse of the empire will bring us back to reality. All these managed trade agreements and bullshit ag products being imported while we pay farmers to let land go fallow, will vaporize.
We have exportable stuff that other countries want and need. We also have real assets here that other countries want to own.
We're not some broke ass backward economy that has nothing of value.
The way I see it we just need to consitently, persistently mount a campaign to remove the traitors from our House and Senate.
Once we send sober citizen politicians to Washington we can start stripping these unlawful measures from our judiciary bowels.
~~~~~~~~~~~~~
World's Greatest Business
http://www.gbemembers.com...
"The Number one reason people lose money is the FEAR of losing money." Sir John Templeton
"Committed To The Eradication Of Poverty Among Patriots"
Yes, I do agree with you
That this country has some value, mostly in its natural reasources. But at first there will be much great pain as the world decouples itself from the dollar.
Just curious, what is the business you have? I went to the website but the video wouldn't load.
___________________________________________________
A perfect God is not made imperfect by imperfect people.
Good Point.
Step one is to abolish the fed. Step two is establishing a commodity backed currency.
"Being an old farm boy myself, chickens coming home to roost never did make me sad; they've always made me glad." - Malcolm X.
http://uk.youtube.com/wat...
http://www.freedom-force....
http://lpuk.blogspot.com/
Bumpity bump bump
Chuck Baldwin '08- Ron Paul FOREVER!
Please add Chuck's Facebook: http://www.new.facebook.c...
And his Myspace: http://www.myspace.com/ch...
bump again
___________________________________________________
A perfect God is not made imperfect by imperfect people.
Bumping so everyone can see and understand....
___________________________________________________
A perfect God is not made imperfect by imperfect people.
What has happened in history that brings countries out of
HYDROMAN
finacial depression? WAR !!! BIG WAR!! Your sons and daughters will be asked to sacrifice for the good of the Country (the puppetmasters)
I'm sure they'll be asked,
I'm sure they'll be asked, but most young people hate the New World Order more than their parents.
SUPPORT OUR FOUNDERS' AMERICA
Support the Constitution of the United States
I hope that your are rite!
HYDROMAN
Trust me...the older the
Trust me...the older the voter, the more easily gulled by the Status Quo. The young hate what America has become already.
SUPPORT OUR FOUNDERS' AMERICA
Support the Constitution of the United States
Son's and Daughter's
It's more likely they will be "told" and not "asked".
I'm Not Doin' No Fightin'
Maybe robots can do the fighting and we can watch on pay-per-view?
_____________________________________
Ask yourself this, always - "What have I done for the R3VOLUTION today?"
bring back the greenback!
debt free baby
This deserves a bump
___________________________________________________
A perfect God is not made imperfect by imperfect people.
EXCELLENT VIDEO! AND, DON'T YOU SEE? What is
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." Benjamin Franklin
---
collapsing is the QUANTITY of the dollars, in my opinion! The U.S. dollar has already been inflated as much as it can be and it is now collapsing (becoming less available), in my opinion. Money is debt, this video says. Now, people cannot borrow that means the people cannot create money, in my opinion. The inflation is now over and now deflation has began, in my opinion.
"...first by inflation, then by deflation, the banks...will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered..." -- Thomas Jefferson
So a $700,000,000,000 bailout is "deflationary"?
What on earth are you smoking?
http://uk.youtube.com/wat...
http://www.freedom-force....
http://lpuk.blogspot.com/
they are going to borrow the money
They had to issue a bond. I don't know the terms, but appearently they are more favorable than the current stock market. so people pulled out of the stock market, and invested in the new bonds.
that has been quite deflationary over the last few days.
the bailout, once implemented, may most likely be inflationary.
And when those bonds mature?
You think people will keep re-investing ever larger sums into infinity?
That simply cannot happen. The ponzi scheme will fail.
The only way you could see deflation is if central banks refused to bail out the big private banks.
Lehman brothers collapsing was deflationary, as it wiped out alot of "chequebook money". But so far, there have been more bailouts, nationalisations, buy-outs, mergers and consolidations than failures.
"Being an old farm boy myself, chickens coming home to roost never did make me sad; they've always made me glad." - Malcolm X.
http://uk.youtube.com/wat...
http://www.freedom-force....
http://lpuk.blogspot.com/
Unless the Federal Reserve
Unless the Federal Reserve inflates the money supply at a higher rate than the deflating money supply.
---------------------------------------
Do you know someone who cares a lot about Israel? Send them this link that explains why Ron Paul's message is better for Israel, America, and the world. www.AmericansForIsrael.co...
not QUANTITY greed.. the
not QUANTITY greed.. the dollar its self is COLLAPSING! the dollar is a peice of paper back by NOTHING! silver and gold is money and tangible.. has been money since the beginning of time and will be for thousands of years after the dollar is gone! i need to get a 2 x 4 and beat this into your brain! the DOLLAR WILL BE WORTHLESS! I WOULD HAVE TO MANY OF THEM! 2.029 TRILLION IN DOLLARS ADDED TO THE MARKET SINCE SEPT 14TH BY THE FED.. ... YOUR DOLLARS ARE BECOMING WORTHLESS!
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
I posted this earlier. (You already commented, too.)
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." Benjamin Franklin
---
http://www.dailypaul.com/...
This post is just to connect the two threads.
Philosophically avoidable if
the Federal Reserve were abolished (and I believe it's instrument of antique usury)
What's really collapsing?
the US dollar (Gold & Silver; per the constitution) or the FRN's
perfect
this was the best part of Zeitgeist- now I can forward without blushing.
Live Free or Diebold
from Zeitgeist: Addendum
FYI, this clip is from the new film Zeitgeist: Addendum.
I have major problems with some of the crap in that film, but this clip is from the first half, which is awesome.
Yes, this video is excellent
this is exactly how money is created today......Money out of thin air....
___________________________________________________
A perfect God is not made imperfect by imperfect people.
Digg link
http://digg.com/business_...
bump
...just watched the first 30 seconds and realized I'll need peace and quiet to absorb it, which I won't get until a bit later. Looks interesting.