GOLD VS DOLLAR
digg.com The value of the dollar is dropping like a rock and this video is to show how this is affecting the prices of everything from gas to milk. This is the first of several videos to show what is really happening to the ecomy of the United States and why this country is in a lot of trouble financially. ————————————Copyright information: None of my videos are copyrighted, provided that you do not edit the video in any way and do not place any form of advertisement on the video. The video cannot be altered in any way from its published form. If someone wants to re-upload my video on their channel they must put a link to my channel and the original video so people can find the original source for the content. I do reserve the right to refuse the re-uploading my videos for commercial purposes. If you have any questions please contact me before downloading my video. Thank you. The Real Weekly News
DAMN YOU NIXON
@slingshot2427 A classic post from another brainwashed know it all. To bad you have it all wrong as usual.
@slingshot2427 If you dont understand that they replaced something of value with something that has NO value, then you are hopeless. I understand the economy fine. Now our money is like right next to worthless. The silver manipulation has been exposed more than once. That is a fact. You say this is an idiotic video. I say you made an idiotic comment. Learn something outside of assigned reading from your teacher and you might really learn something.
Anyone who thinks that we need to go back to the gold standard doesn’t understand why we got off of it; the brenton woods system linking currencies to gold collapsed. The US was one of the last major countries to leave the gold standard, and only did so with a monetary gun to its head. So tired of seeing these idiotic videos from people who DO NOT UNDERSTAND history or the monetary system AT ALL!
-To the author, if you are really concerned about inflation than you truly don’t understand econ
we need to get back on the gold standard
confused, but want to know more
good vid!!!
I love your videos dude. Very clear and you make a ton of sense. I’ve started to collect Gold and Silver. Let’s talk.
@rdubtheislander it’s not my video.. I was just stating that the income was lower too not only the prices.. and that it’s kind of irrelevant to compare only the prices or only the income separately .. Peace !
PS : this video is purely based on the economics .. and technological advance is quite irrelevant ..
@therealweeklynews Yes- Ill raise it a little and say 40$ a month in 1930 is roughly 2400$ a month today. Measure the value in purchasing power- although lifestyle and technology have signifigantly improved quality of life.
@rdubtheislander One gold 1 ounce coin pays 1 months rent in a decent place anywhere in the last 200 years. Im sure further back than that….Im trying to save retirement month by month
Wow I never knew the dollar rellied on precious metals…
@FizzyWodawg
Dude, could you buy a Corvette in the year 1900? Irrelevant example. Put it in a more realistic perspective given the improvement of the quality of life and the level of technological advance.
@FizzyWodawg
Dude, could you buy a Corvette in the year 1900? Irrelevant example. Put it in a more realistic perspective given the improvement of the quality of life and the level of technological advance.
@therealweeklynews… yep bail outs, tarp and the economic stimulus are just patches they’re not solving the actual problem and just like an real band aid the glue won’t stick forever. On short term they can be effective solutions but on the long run (which they don’t care about due to the 4 year seat) everything (talking about stocks) will fall back even lower to get an average of the real value. Instead of letting companies adapt, they’re just adding more wood to the flame on the long run..
@FizzyWodawg Nice post. I think we know where each other is coming from. I just think that the inflation is killing the poor and the middle class and with the bail outs, tarp and stimulus happening, it could be the final nail in the coffin. Now we are going to have the government involved with health care and they will screw that up and it will be run like the DMV. Thanks for posting a follow up comment.
@overpowerradio You can just use my channel name and URL if you would like. Thanks for the feedback and you are more than welcome to use this video as a reference.
I did an audio presentation based on your presentation, with the same info and concepts. It’s basically a rendition where I’m able to express it the way I see what’s going on. I feel that much of what you’re talking about leads me to know that the government and the banks scammed us all. It’s terrible that we’ve been so foolish. I should be releasing the audio within a couple of days. I’ll send it to you. I would like to credit you on it. Should I say your name, and blog url, or what?
You’re not lyin about a single-income family. A lot has changed. Men are earning less than women in quite a few households that i know of, and the women are not earning enough to hold the house down….It definitely takes two in these days….and that may just be enough to one family over the hump….who has 1 or 2 kids. Start getting into 3-4 kids + and life is often a struggle.
therealweeklynews .. my bad on the misunderstanding of the date but the fact is that the economy worldwide was on a higher level than the economy in the past decade. There are dozens of reasons why it failed (one of them being the overpricing of products due to overly-free unregulated markets) … That’s why I consider the recession just the way of the economy to “self-regulate” the prices are falling more and more to the real value… Peace !
@FizzyWodawg I was not going back to 1900 on the dot. I was more referring to the gold before we went off the gold standard in Nixons days. So that was my mistake. Sure people didnt make as much back then, but now you see people not making it with both the husband and wife working where as before many families made it with just the Father working. A single income family is almost unheard of now a days.
@therealweeklynews … well if you’re name is news you should really act like a real reporter and check the numbers before you post .. in 1900 the average income for a school teacher was roughly $328/year which means $27.3/month.. source : usa [dot] usembassy [dot] de/etexts/his/e_prices1.htm (replace [dot] with “.”) … Peace !
god damn.
U really do know ur stuff
how funny. . .MOM GET ALL 500 1960 QUARTERS AND GO CASH THEM IN!!!!!