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Fall Of Empires: Rome vs USA (Hidden Secrets Of Money Ep 9)

Fall Of Empires: Rome vs USA (Hidden Secrets Of Money Ep 9)


Right now the world economy stands at an alarming precipice, but would it surprise you to learn that the events of today are nothing new Give me the next few minutes and I’ll show you that there are Cycles to history that can not only allow you to see the future but to make preparations for the very predictable outcomes You’re about to discover that huge financial gyrations inflation loss of personal freedom and Out-of-control government are all things that we have been warned about for centuries and are the direct Consequences of the monetary system itself. In fact most world history is determined by monetary history So what lessons can we take from the past to help us navigate the perfect economic storm that awaits us Debasing a nation’s currency supply to pay for public works and war is a pattern that just repeats and repeats Throughout history and it’s a pattern that always ends badly in this double episode We are going to create a timeline to show the similarities between ancient Rome and the United States today Just like the USA Rome started out as a republic after Overthrowing a monarchy. So let’s begin with their early economy in around 500 BC In the early days of the Roman Republic for the first 178 years there’s no evidence of big inflation They were using gold and silver coinage mostly as their currency small denominations were made out of copper and bronze Then Hannibal of Carthage Starts to harass Rome in something called the second Punic War and to pay for this war they did deficit spending by taking the coins that they took in in taxes melting them down and Adding cheap and abundant base metals such as copper so that they could mint more coins. This caused a big inflation and The inflation was one of the factors that brought the Roman Republic down to a dictatorship the Roman Empire Most of Rome’s gold and silver was stored in vaults under the floor of their Treasury Which was also known as the temple of Saturn if you visit Rome go to the forum in the center of the city where you can still find the ruins of the temple today and Here’s something I found really interesting The US Treasury in Washington DC has almost exactly the same design So now let’s start filling in our timeline of events to keep track of the major similarities between Rome and the USA We just learned that the early Roman Republic enjoyed a long period of practically no inflation Because they used sound money pure gold and silver Interestingly the United States started on the same path from the late 1700s to the early 1900s prices were very stable Thanks to laws that mandated the use of gold and silver as money and our people were not robbed by inflation But in both instances it was the ongoing debasement of the money for war spending and Public Works that led to economic chaos Tell us the parallels between Rome and What’s happening in the United States today? Well, they obviously two very different societies, but there are some broad parallels Rome was a republic They made sure they had two people each year. Who were the the rulers the consuls? They always changed because the Romans were worried. They’d had a monarchy before very unpopular They overthrew it so they didn’t want anyone getting too much – too many powers What did in Rome no surprise? excessive taxation and debasing the money when you look at the coinage it started out being an exact measure of copper for the Cistercian and silver for the denarii and By the time it was all over worth. Absolutely Nothing with perhaps a wash of silver to make it look like the original thing, which is exactly what we’re doing now So this patterns repeat themselves? They always repeat themselves The Romans were the first culture to understand that a currency maintains its value because of its rarity Julius Paulus once said this device being officially promulgated Circulates and maintains its purchasing power not so much from its substance as from its quantity Even still the Romans never stopped churning out more currency just like the USA Today and the ancient Greeks before them But in their race to debase the Romans came up with some new twists of their own The first of these twists was coin clipping Whenever a Roman would enter a government building, they’d simply clipped the edge off of their gold or silver coin they would save up all of those clippings melt them down and mint more coins expanding the currency supply and when that wasn’t enough they developed the art of revaluation where you just take a coin and you stamp a new value on it you got 1/100 That simple The move away from precious metals to Something less than precious metals and the Roman Empire famously clipped their coins This was a debasement of the currency. There wasn’t a paper currency, but it was a debasement of the currency in the US There’s a very interesting phenomenon going on where they’re not clipping coins But when you go to the supermarket you find that the portions of the items at the supermarket on sale are shrinking, you know The servings on various other consumer products are getting smaller and smaller, but this price is the same So it’s very similar to that old Roman coin clipping trick from 2,000 years ago It’s it’s another form of currency debasement, but it’s hidden through cardboard and marketing and fancy presentation But the people are nevertheless having their currency to baste So why should you care about this the quality of a society is directly proportional to the quality of its money Stable money leads to stable prices which leads to a stable society whereas debasement of the currency leads to the demise of empires The major reason for Rome’s ongoing currency debasement was to pay for their ever-expanding empire and never-ending Wars The precious metals content of their coinage fell further and further until it had next to no Connection with the pure gold and silver that had initially provided them with a stable economy Cut to today and we see the same pattern up until the outbreak of World War one the United States had very high levels of precious metals in its coinage and Treasury notes were backed by gold at a one-to-one ratio From there the USA debased its currency more and more to pay for World War 2 the Korean War and then the Vietnam War until Finally the link between gold and the US dollar was severed completely For those new to the series, let’s revisit The pivotal event that has managed to sneak under the radar of modern historians as nothing more than a side note Even though it will have repercussions for generations to come. It was an unprecedented act of global debasement by a Wanna be Emperor that would make any Roman ruler. Hang his head in shame Most people think that President Nixon’s criminal activities were limited to Wiretapping and spying on the competition, but his greatest crime came on, August 15th 1971 when he severed the last ties between the dollar and gold when he ended the Bretton Woods system. I Have directed secretary Connally to suspend temporarily the convertibility of the dollar into gold or other reserve assets Except in amounts and conditions determined to be in the interest of monetary stability and in the best interest of the United States The Bretton Woods system tied all of the world’s currencies to gold through the US dollar but instead of running out and hanging the guy when he took as the world off of gold the world just yawned and Accepted that we were now on a fiat currency system that we were now on this infinitely Expanding system that we no longer had money we had currency Money should be a fixed measure of value. It’s like 5,280 feet in a mile or 12 inches in a foot I gave the example Imagine trying to build a house a twenty five hundred square feet if the foot changed each day It was 12 inches one day 10 the next 20 the next very hard to do if that’s changing Well the center or the clock The the 60 minutes in an hour imagine if they floated the clock So it’s 60 minutes an hour one day 30 the next 90 The next you shouldn’t have to have had just rivers futures to figure out how many hours you’re working. You’re baking a cake I love this example And it says that bake the batter for 45 minutes then you have to figure out is that inflation adjusted minutes? Is it a California minute a Nevada minute just makes life infinitely complicated So when you have a fixed measure When you go to the market you assume if you’re getting 16 ounces of liquid, it’s 16 not 13, not 18 Just makes a con which is the source of wealth people doing things with each other infinitely easier It is very odd That we’ve established a situation where what people do is scramble to borrow liabilities certainly I guess the most attractive Liability in the world or put a different way the most attractive free-trading lie on the planet is the US dollar We joke an investment conferences It’s the worst currency in the world, except all the others if you’re gonna trade it in a lie, it better be a liquid lie What the United States dollar has going for it is the most liquid lie in the world I mean if you think about the advantage that we have now, yes, it’s It’s a horrible thing to do morally but what we do is amazing. It’s amazing that we can get away with this we print a lie a dream on a piece of paper and we ship it to Brazil and they send us coffee and we ship the same lie to Germany and they send us a Mercedes and we ship the same Y to Japan and they shipped us a stereo It’s actually a pretty cool deal I mean, I feel bad about it in the sense, but it’s it’s grandly amusing and a sort of a cosmic sense You just need to understand that somehow some time some way. There’s going to be a reckoning The dollars involved a worldwide as a major currency, so it’s one half of everything we do and It has no definition. I used to get a charge out of asking Bernanke and Greenspan had define a dollar and you know They can’t define a dollar they you know in the old days It was a weight the weight of silver a weight of gold and and that’s what it was supposed to be according to the Constitution Well, dr. McCracken not being an economist, can you explain to me briefly how in the world do you determine? What a value of a dollar is in relation to a French franc for instance If you can’t convert that dollar into gold what standard do you have? What is it worth at all? You determine that’s going to be determined in the marketplace just as really largely it has already So what is this going to do then to for instance the speculator in gold. How is this going to affect him? Is that price going to drop arise the? The official price of gold of course has not been changed That was not that was not a part of this program at all nor is that contemplated? Well, maybe they should have contemplated what was likely to happen because for anyone who had studied history the outcome was perfectly clear Rather than help the economy Nixon’s actions made things a lot worse and the public started feeling the effects of inflation much more acutely It was hard for savers to keep their heads above water unless they had saved in the ultimate stores of value gold and silver Just as it had always done throughout history Gold once again accounted for the expanding fiat currency supply by rising in price to cover that supply Gold had done this as recently as 1934 when the USA’s debasement really started heating up and gold was revalued from 20 dollars and 67 cents an ounce to $35 an ounce Now the process began again as the public bid the price up from $35 an ounce in 1971 climbing all the way to 850 dollars an ounce in 1980 Easily accounting for the massive quantities of currency the USA had conjured out of thin air now that Nixon had removed all restrictions Gold had once again held an out of control currency to answer Getting back to the Julius Paulus quote about the value of a currency being decided by the quantity rather than the content one of the biggest economic Hurdles that mankind repeatedly trips on is that we have never been able to control the quantity of currency And this is one of the reasons why gold has always been the ultimate money. It can’t be printed and it keeps us in check Today, I think cryptocurrencies are a very exciting development and have tremendous possibilities the bottom line is that governments have a long history of trying to cheat gold either through the basement or manipulation of the markets but here’s the thing in the end gold always wins and That brings us back to the Romans who went through many cycles of currency debasement for war spending Then inflation being felt by the public then revaluation of the currency then more debasement for deficit spending on war resulting in even more inflation being felt by the public the cycle repeated again and again Those who were able to hold gold outside the official system maintained their purchasing power those who did not Suffered greatly in two 70 AD Emperor aurelion took power and had the now worthless official coinage recalled and minted again To contain a small amount of silver just 5% this Act brought a new vitality to Rome But unfortunately, it was short-lived as government after government gave in to the temptation of spending beyond their means Eventually wars were funded by levying huge taxes on businesses and the rich This only had the effect of closing down many essential businesses. The more meddling the government did with the economy the worse things became The government started confiscating private property by force to fill their empty state coffers Rome was sliding into ruin and That brings us to Emperor Diocletian His actions are the first recorded example of the following hidden secret of money wage and price controls do not work He came to power as inflation was surging but his decisive actions only added fuel to the fire So because the economy was getting worse and worse Diocletian created a whole bunch of great government solutions. He created a bunch of works projects he hired he hired a bunch of the homeless and People that were unemployed made them soldiers and government employees and this caused deficit spending to just go out of control an inflation raged into what is known as the first documented hyperinflation So to get inflation under control in 301 ad Diocletian issued his infamous edict of prices this was a massive volume of a List of all of the wages and the prices people could charge for goods and services And it was all enforced under the penalty of death So what happened was instead of risking your life to sell something at a profit so that you could stay in business People just closed up shop Instead of doing a job that was listed in the book. That was below a living wage People quit their chosen career and tried to pursue a job that wasn’t listed in the book The result of this was the Diocletian came out with a law that said every son had to go into his father’s business under the penalty of death When governments start meddling with an economy. The result is always the same Prices become distorted. This is a huge danger because prices act as a signal for an economy They indicate to producers and buyers where true value lies The outcome is always economic turmoil shortages and black markets We’ve seen what happened to gold when Nixon started his economic interference so now let’s go back and see what happened when Diocletian started his Jumbo-sized meddling with the economy We know when Diocletian created the Edict of crisis that the price of gold was fifty thousand Denarii per pound and then we also know From transaction receipts around fifty years later. The price of gold has risen to 1 billion two hundred million denarii pound That’s a forty-two thousand four hundred percent Hyperinflation over a 50-year period that would be similar to if gold was $35 an ounce 50 years ago today One ounce of gold would be about a million and a half dollars. Another analogy that I can make is If an average family car was about two thousand dollars fifty years ago Today it would be selling for eighty five million dollars Just imagine 85 million on the windshield of a car at a car lot That’s the type of inflation these poor people suffered through Well weigh wage and price controls Appends an economy gives more power to the government What are price controls? Prices are supposed to convey information. That’s what markets are about knowledge and information So a price will tell you something is dear Oh get out and produce more The price is low. It may be a producer of producing too many of it. So it’s a way of conveyance of information so you devote your efforts to something that people want not what a bureaucrat dictates so when governments trashed the money and Your prices nominal prices are going up The government responses. Oh, they’re greedy speculators or merchants or whatever and so USA You can’t charge as much or what? That means is you get a black market and you hurt the production of the thing the idea that government can substitute For people interacting among themselves is preposterous This pattern of failed price controls is something we see throughout history and across the globe Skip forward over 1,500 years and governments still hadn’t learned their lesson during the chaos of the French Revolution the government Issued a set of wage and price controls known as the law of maximum also imposed under the penalty of death It’s worth noting that when wage and price controls are implemented Government always tries to deflect attention away from the problems that it has created Itself by shifting the focus to businesses who are labeled as greedy hoarders or priced gougers In reality most are just average people trying to keep their business afloat Doing their best to deal with the unstable supply and demand curve Created by government meddling and France was no exception to this blame game During the law of maximum many innocent people were executed food shortages developed and black markets ruled until finally fifteen months later The Act was repealed because it didn’t work and all the stored up energy of government manipulation was unleashed at once Leading to a further period of chaos and inflation for France I agree with steve forbes the idea of wage and price controls is absolutely preposterous Now we’ll skip forward another 200 years and government was added again Many people don’t realize that Nixon’s speech from 1971 also included the announcement of a 90 day wage and price freeze The United States was suffering from big inflation. Thanks to deficit spending for the Vietnam War silver had been taken out of circulation in 1965 reducing our coinage to worthless flex of base metal and the paper currency supply had been expanded greatly Did that sound familiar? Just like Diocletian Nixon’s team of economic boffins thought they could curb inflation by fixing wages and prices The time has come for decisive action action that will break the vicious circle of spiraling prices and costs. I am today ordering a freeze on all Prices and wages throughout the United States for a period of 90 days Working together we will break the back of inflation You’d think that these people would learn from history, but they don’t To get an idea of how out of touch the men with their hands on the economic levers were Listen to what Nixon’s adviser had to say about the duration of the controls would it be your anticipation that it would take more than 90 days to break the back of inflation as the president put it tonight that There would have to be a further extension of an actual wage price freeze. I Would not know I wouldn’t I don’t think one can say that It will necessarily take longer where we’re sailing to some extent and an uncharted see here, but this This I think is is a reasonable estimate of the time that’s going to be required Dan Rather President Nixon is expected to speak for about 15 minutes on his new economic policies The president’s address tonight comes against a background of the following facts among others record high gold prices and rapidly increasing cost of living figures for most Americans the wholesale price index rose by 2.1 percent during the month of May The index of industrial commodities in the last three months has risen at an annual rate of fifteen point nine percent The worst since the Korean War twenty years ago All of that part of the general background of the president’s remarks tonight Every American family is confronted with a real and pressing problem of higher prices And I have decided that the time has come to take strong and effective action to deal with that problem Effective immediately therefore I am ordering a freeze on prices This freeze will hold prices at levels. No higher than those charged during the first eight days of June It will cover all prices paid by consumers What was our effort how were dad signs saying? What kind of an idiot would do the same thing over and over expecting it expect different results each time? And it’s the same pattern. It’s happened to prepend li cycle after cycle after cycle after cycle for thousands of years country borrows itself into bankruptcy It creates more money to try to pay its debt prices go up people rebel the whole system falls apart And I’m scared about it Country’s collapse over this they go to war about this kind of thing rebellion in the street Overthrows a government the whole nine yards there is nothing to be gained from inflation and everything to lose and we’re going to lose everything Around the world people don’t seem to realize that government intervention always makes things worse It’s the government manipulating things whenever you manipulate something and try and control it over here And and not allow the free markets to balance everything all by themselves Something comes squirting out way over here that you just don’t expect for instance the dot-com bubble popped in 2000 Alan Greenspan lowered interest rates to try and get the stock markets back up again, and he accidentally created a real estate bubble That’s now devastating the world Beck during World War 1 they inflated the currency supply tremendously The Federal Reserve was born just at the beginning of World War one we added to the currency supply by adding bonds to our back our currency along with gold then there was this big It’s called the Depression of 1921. It’s the single greatest Deflation that the US has ever seen it’s bigger than the Great Depression the contraction of the currency Supply was huge. The reason nobody knows about the depression of 1921 they’re they only know of the stock market crash of 29 and the Great Depression is Because the government did not rush in to save us the Federal Reserve didn’t try to suddenly lower interest rates down to zero They didn’t manipulate the free markets. They let the free markets work. It was horrible for a year. There were bankruptcies and foreclosures People lost homes and things like that but the bankruptcies and the businesses that that folded there were new businesses that were more efficient that grew up to take their place and when a home gets foreclosed on it gets resold to somebody else and yes, it was horrible, but the people that were leveraged out are the people that weren’t in full control of their finances or the Inefficient businesses that were just hanging on by a thread anyway, yeah, they went under but because the government didn’t rush in to save us and the Federal Reserve didn’t try and manipulate the economy the free markets healed at All and in 18 months was a memory In fact, 10 years later. Nobody could even remember the memory it was gone Mark Twain is often quoted as saying history doesn’t repeat But it sure does rhyme and as you’ve seen from this episode that sure rings true the wage and price controls we will probably end up trying this in the United States sometime in the future and you know They tried it during Diocletian. It didn’t work. It destroys the economy and eventually they have to repeal the Act They tried it during the French Revolution. It didn’t work It ruins the economy and they have to repeal it Nixon tried it it didn’t work It ruined the economy and they had to repeal it. It’s not gonna work the next time they try it This stuff just keeps on happening Over and over and over again and part of it is caused by the four-year election cycle all of the Politicians are worried about what’s going to happen on their watch and they push all the problems forward to them to the next administration They really don’t care what’s going to happen out in the future. They care what’s happening. You know how they’re remembered So I’m expecting this to happen in the United States sometime right now I’m expecting a deflation, but when we get to big inflation or hyperinflation You can pretty much count on the fact that they’re going to make the same stupid mistakes Because politicians do not read monetary history This is just the beginning of the similarities between ancient Rome and the USA in the next episode we’re going to focus on some more amazing events that are echoing throughout history to today and We’ll see what the future holds for the United States if we continue down the same path so many societies have gone before You

Comments (100)

  1. Hi folks, if you enjoyed these episodes…please share them and check out the Bonus features at this link: https://goldsilver.com/blog/hsom-episodes-910-bonus-features/ 45 minutes of outtakes, extra comments from guests, and 'Director's Cut' commentary from me. Thanks, and see you there.

  2. using true history mixed with lies to scare Americans into buying Gold … what a bunch of bull

  3. BRUSSELS IS NEW ROME.CHINA IS NEW WEST!WEST BANCRUPT.GO GREEN,OFF GRID,GO FARMING,PRODUCE FOOD,WATER,SECURITY.5G FAKE DIGITAL MO EY!WHAT IF EMP OR WW3 OR POWER DOWN 6 MO THS?FAKE DIGITAL IS IN CLOUDS!GONE!KEEP CASH!DO COMMANDMENTS,GOOD DEEDS,LOVE JWES,KI G YESHUA HASMOSIAGH BEN DAVID BEN YOUSEPH.FORGIVE ALL,LOVE ALL.SOME SAY GET GOLD,SILVER,BITCOIN.MOST SAY FOOD,OFF GRID,ELECTRICAL CARS,CONVERSIONS..WE ALL NOT RICH TO BUY TESLA,LIKE DRS, ENGINEERS,BUSINESSMEN.CLEAN RIVERS.STOP PLASTIC.STOP ELEPHANT AND RHINO HORN STOLEN IN AFRICA RIPP OFF BY FAR EAST!LET GENERALS CHARGE 100 000 US $..A TUSK..REPLACE TUSK WITH STRONG SIMILAR MATERIAL TO LEAST DISCOMFORT ELEPHANTS AND RHINOS,ONLY WAY FOR THEIR SURVIVAL.SEND SOUTH AFRICA PROPER PROSECUTORS,JUDGES TO HELP PRES RAMAPHOZA , AND BUSINESSMEN TO HELP HIM PRIVATIZE ESCOM AND SABC,AND PRASA,SAA..,ALL BANCRUPTING RSA..MUSLIMS MAHGDI 666 IS COMING TO RULE WORLD , PREPARE GUYS..ALL THE BEST….

  4. THIS IS THE RESULT OF DEMONS RUNNING GOVERNMENTS FOR THOUSANDS OF YEARS……. GREED AND SELF ENRICHMENT AS ALWAYS.

  5. One of the greatest deceptions ever pulled was convincing you the Roman Empire fell

  6. So why hasn't the system collapsed yet? How long will it take?

  7. Well more human being in this world…..that’s why….

  8. Is everywhere every country……lol

  9. you lost me at "public works AND war", as if they're related, even remotely. wanna know the secret curse on mankind? lean in i'll whisper it in your ear… UNCHECKED CAPITALISM

  10. Why would someone imitate that insane Roman empire purposely like Usa

  11. Rome is Edom, Edom is the end of the world. America is the daughter of Rome.

  12. I don't like human rulers I want A.I. to rule. Governments of the world's are not our friends if people get that through their thick heads the better of they will be.

  13. I wish people would just live off the land and forget the money system all together

  14. The second pubic war was a heated sexual encounter.

  15. I can't wait until the Satanic U.S.A. has gone the way of the Goony bird.

  16. No the US started off as theives and murders. Oh and let's not forget "Enslaved Africans "

  17. MUDFLOODS! You do not have to go to Italy to go to Rome go to an American city and you can see ROMANESQUE TARTARIAN ARCHITECTURE!

  18. Did America had deficits prior to the creation of federal reserve which was created in 1914 during Wilson's presidency ?

  19. Remember no one cried for Rome. Except the Romans.

  20. With corruption and lack of honor nothing can stand for long. When the foundations crumble the buildings will fall. And the state of today, has no anchors set in bedrock. A collection of experts without common sense or critical thinking. And no site of anything that resembles a comprehensive picture. In all that we're taught and what it is that we think we know. There is no weight. Often completely wrong. And we believe we're well informed. Physics can account for 3% of what we know has to be, and there are reasons why. And reality can crumble and fail, just as easily. When you think Your smarter, and refuse fact, and inherent lies and misconceptions. Your reality, isn't. And when it's impossible to say, "I was wrong." We all lose.

  21. The Federal Reserve ie Rothschild Jewish Zionist are rapacious vampires whose greed is insatiable.

    They bleeded the US and have left us with a 20 trillion dollar deficit on the verge of societal collapse. They have bought off our politicians, media, and control out military because our politicians like Reagan, Bush, Clinton, Obama,and now, Trump are nothing but a bunch of sellout whores.

    In the last 100 years only FDR, Eisenhuer, Kennedy, Nixon, and Carter are to be called President.

  22. Lies… lies…. lies

  23. Indicates the reasons for the bank & governments collusion attempts of crippling or taking-over by regulations and legislation of cryptocurrency. A huge threat to their current economic/money/wealth system.

  24. Hahaha trump. It's obviously the sign

  25. The Apple attracted a FEW WORMS…BANKSTERS JESUITS KHAZARS ZIONISTS…..OUR WARS SAW MANY FINANCE SCHEMES , BUT FINAL CAPITULATION TO OLD WORLD SCHEMERS DELIVERED THE FED — A PRIVATE CORP THAT SPUN THE FLOSS , PRINTED THE BILLS ETC, AND ☆☆LOANED☆☆ THIS TO US AT A PROFIT..! All is debt NOW…ALL..!

  26. Great informational video that explains things in a very simple manner. Knowing the US corporation is following in the footsteps of the Romans is sweet music to my ears 😂! Means we surely have a predictable outcome and I can’t wait for that day. My popcorn is ready!

  27. Excuse me but you are ignoring a lot of other facts. Like the fact that the US dollar could not keep the pace as the global reserve currency because there was no way to match gold and silver in the increasing quantities that were being demanded and this created trade deficits and foreign currencies that would easily upset the dollar.

    Im sorry but you cant JUST compare the US to rome. Rome was never a global power. Rome never had technology or super weapons and it never had such a huge population.

    THATS why nixon removed the dollar from the bretton woods. Bretton woods failed on its own. So get your facts straight Mr!

  28. The value of something has little to do with its Quality. Ita BS to think that pure gold is more stable than a Crypto Block chain or Has Graph currency. the Bank of England wrote a paper a few years ago saying that everything we thought we know about economics & money is Wrong. and they used the USD as their example of why it was BS and this is because the USD is worthless & has been for many decades. but markets around the world have been forced to use the USD for so long as the world reserve currency means that all the leemings believe the USD is incredibly valuable. but today the "threat to the USD is" that countries no longer want to use the USD. Saddam Hussein was one man & his country was invaded & he was murdered by the US as was Gaddafi who was going to create the Gold Dinah & get rid of all US, UK & EU currencies from Africa. HRC was lobbied to have Libya invaded & Gaddafi killed by US backed Terrorists. This shows that Banksters along with the CIA & JSOC are the greatest cabal in the world. Everything in the Debt based-Corporate financial central bankster system is illegally manipulated, interest rates, (LIBOR in UK) all central bankster linked countries & their banks raise or lower interest rates or increase or decrease money supply, around the world in harmony despite each countries individual conditions. Maloney leaves out huge relevant sections on money and economics which are incredibly relevant. firstly, the US never had income tax on labor before 1913 which is when Woodrow wilson sold out the US to the international Banksters by handing them the ability to takeover the US money supply. the Corporate sector has always destroyed every sector, it has ever taken complete control of & the US has had several times when the Corporate Banksters controlled the money supply, Wndrew Jackson ran on one ticket to remove the corporate bank as the US reserve bank, he won and threw out the banksters. Abraham lincoln made the US into an economic powerhouse by producing and using interest free money, in Canada the Bank os canada was given the right to produce interest free money to fund all government activities, which it did, it built massive infrastructure, a huge navy & military, a free healthcare system, funded education & welfare, without ever creating debt and the currency never collapsed!!! why. Because there was NO DEBT. In the mid 1970's the Banksters bribed the canadian government into agreeing to only use money from corporate banks which they created from nothing, at interest!! to ensure corporate profits. today Canada is debt laden like every other corporate bankster controlled debt based economy, with Trillions being spent on un-necessary interest without ever reducing the debt. which is Fkd up. Today in all developed nations we use 97%+ digital transactions, not physical currencies, so this out dated BS debate about whether gold or paper currencies is looking back at a failed system to save the failing system of today. why not look at what has worked and learn from the giants of history: Abraham Lincoln: “The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government's greatest creative opportunity. By the adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own government. Money will cease to be the master and become the servant of humanity. Democracy will rise superior to the money power.” Liberal Leader Mackenzie King Said in 1935, Written by Louis Even on Saturday, 01 March 1958. Posted in In This Age of Plenty (book), In this age of plenty – Chapter 24

    “Once a nation parts with the control of its currency and credit, it matters not who makes that nation's laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talk of the sovereignty of Parliament and of democracy is idle and futile.”
    The Venus Project shows how the world can operate on a commodity based trade system, completely without money; click the link>> https://www.youtube.com/watch?v=5zn8MRKOskw

    Maloney is just an economist trying to justify the BS of market economics, which is totally corrupted and BS in itself. we need new thinking with better systems. for example the BRICS economies began using a commodity based trade system abot 20 years ago and have stockpiled hundreds of thousands of tons of gold to create a basket of commodities & currencies to be used as the world reserve currency to placate the small minded before moving to a crypto based system hopefully before wiping out "money" as in the venus project.

  29. the oil standard (Petrol dollar) Oil prices or converted to American dollars.

  30. except when they want the Government to bail them out.

  31. Bible says gold and silver will be useless in end tmes

    Because you can't pallet it

  32. Banking Cartel! stop dancing around it.

  33. END TIMES FOR ALL GOVERNMENT AROUND THE WORLD…..

  34. I believe this is done purposely nowadays in order to create order out of chaos…NWO

  35. Julius Paulus, an ancestor of Ron Paul

  36. There is no power on earth that can take on America under President Trump.

  37. Thats why i voted for a BUSINESSMAN! I hope he can help fix our money problems.

  38. And now we have the Global Currency Reset the greatest transition of wealth in the history of mankind

  39. Crypto currency will give to much power to who controls it able to tax multiple levels at every level receive purchases owned

  40. 24:41 the Housing crisis didn't happen because the interest rates were low!…of course low interest rates made it easy for banks to borrow money and going crazy with their leverage, but the crises happened due to financial products that didn't make any sense! like synthitic CDOs, And many other shady/illegal practices; crazy adjustable rates, no income verification…etc

  41. heh, well, that went right over my head…

  42. If u invest in gold now, when it is revalued from 1400 to 35 dollars an ounce you will have lost your shirt. Silver is cheep enough to recover some wealth

  43. First a lot of people know about the crash of 21 that was originally called the Great Depression actually there was like three of them at least before the one that we know of today as the Great Depression. Second government meddling usually makes things worse but when the Nazis did it it made things a lot better at least for Germany and eventually or maybe when you get into that

  44. But it is true with the 1921 depression that if you leave the economy alone the economy will eventually right itself but when you throw yeah when you f*** with it but don't really change anything on a huge level yeah you're right it's just going to be terrible. I love how they just gloss over how they throw in the parts about going after the rich and then it destroyed everything but they don't back that up with anything they put it in here with all this other stuff that makes so much sense and whatever

  45. What's crazy though is I was living off savings when Obama bailed the big Banks out and made the rich richer and I mean yes a lot of those from four created by George Bush but yeah it doesn't change the fact that Obama was just awful but every president basically has been awful I was making 495 an hour at my first job I got 1994 now I had to start over and I'm only making $11 an hour when if you look at the price of just milk gas and cigarettes the prices have tripled in the case of milk nearly quadrupled in the case of gasoline and well cigarettes I guess that's a Vice but still they quintuple in price yet wages of basically only doubled and I am fortunate enough to make more than the average person starting over at the job I got even though it's unskilled labor

  46. Does demorats comes too mind?

  47. This is dumb and highly biased. Why does Donald Trump have a goofy look whereas all the other presidents have a serious look.

  48. All this blubbering and babble throughout this video that's spewed, no mention at all of the Fed's and there printing money from thin air and the private bankers that owns it. To top that, to have Forbes speak on this matter, a proponent of this system, is disgusting at best!

  49. This has always been foretold. The World will soon suffer an economic collapse that it never recover. It was never meant for man to rule man. This is truly Satan's world. He's in control more than people know. He uses the same manipulations, because they work. He will use anything and everything to keep mankind blind….to the signs of God's upcoming kingdom. God always knew we wouldn't last. He set His plans into motion after Adam's sin. In the meantime, he had to allow the world to continue until it no longer could…to answer Satan's challenge. That time is almost up. The collapse will be Great and it will be Final. Seek the Truth before it is too late.

  50. Democratic communist party protest freedom of speech and guns. And called for a civil war on us. And against America. We’re in genocide . Called a racist, a white supremacy, now a fascist. I think we’re in tribulations , we’re in genocide world wide war please please help us.were not a racist or white supremacy.

  51. Cycle after cycle? How about psyco after psyco!

  52. Money is just an idea. It derives it's value exclusively from the trust we put in it. We trust that the money we receive in a transaction will serve us later to purchase an equivalent value of goods and services. This equivalence TOTALLY depends on the culture. We value football players to the point of paying fortunes to see them kicking a ball. But we value much less the healing provided by a doctor. In another culture, the man kicking the ball is worthless. These systems of value are purely imaginary. To the point that now, money is 95% numbers in a bank's computer, with no physical existence. Printed money plays a very small role nowadays. Many transactions cannot be made in cash anymore. Scriptural money (in a bank account) can only be created with debt. The debt will always grow more than the money created because of interest. And that is why debt can never be repaid. The total amount of debt is more than all the money in the world.

  53. Rome has fallen MORALLY, as you may learn from Robert Graves books: I, Claudius and Claudius the god.
    My proud ancestor King Attila, the Hun showed his troops'abilities, he said about himself he was the Scourge of God.

  54. "Thankfully for governments men don't think" ~ Adolf Hitler

  55. All of this Mentioned in the holy book but it’s coming to a end no matter what they do just look at the history.there is away how to make the world better again but we need to get red off all the trashy Stupid greedy humans who in charge of the system and how it works and how to do that. people better wake up and look at the world on a deferent point of view and educate them selfs and stand up for there rights each human deserves to have dignity period

  56. I'm pretty sure that the people that got foreclosed on in 1921 remember that very well.

  57. Nixon said that his move was temporary. No one changed it later. Much of your info was biased. Rome fell by war as far as history shows.

  58. Not addressed is how both were built and thrived on slavery and crumbled from within by strange sexual corruption.

  59. Air in bags of product, claiming its for product protection. Bull.

  60. Did I subscribe to this crap? Nice picture of trump in your preview. Not. No one else looks like a dumbass and he is the least. Unsubscribed.

  61. Many Presidents, from Wilson through OBummer, with little exception, have been Traitorous Deep-State Swamp-Critters while many in Congress, from the late 1800s through today have been Traitorous Deep-State Swamp-Critters OR puppets controlled by the threats of the Deep-Staters.
    • Enter President Trump: a great upset to the Deep-State
    🇺🇸 Re-Elect President Trump In 2020 🇺🇸
    #QAnon @POTUS
    #WWG1WGA
    Storm Very Near Now…
    1⚡7
    🐍🐀 Deep-State Swamp-Critters Out In The Open With No Place To Hide…
    Justice To Come Swiftly⚡
    (Indictments Are Due Before New Year's Day 2020)
    Tick-Tock…
    Enjoy The Show
    🍿😎👍

  62. Reminds of modern day libs and dema-socialists wanting to tax big business and the rich for healthcare.
    Normal people: hasn't that always failed?
    Libs: But we'll do it different!
    Normal people: hasn't everyone always claimed that?
    Libs: But free healthcare!!! And other free things!!! The government will take care of us!!!
    Normal people: Sigh… just another lie wearing a different hat.

  63. 15:00 you don't say? 🤔 Then why on earth would there be millions of people in this country believing socialism and government regulation of business and markets is the solution to our problems now? History repeating itself could not be more duh! 🤦🏻‍♀️

  64. Print the lie for all the world at 10:00

  65. American in rigt track…Gold in america is Fortube 500 ..that is the world buogt product all thing from boeing, wallmart, apple, until breif whay you wear ex celvin klin,or food and beverage etc

  66. Inflation is USURY, a "kinder, gentler" word to describe what it really is, USURY.
    All of that originating from FIAT "money." A failing attempt to undo the basic
    reality of Math.
    Since we ALL know their debt is Odious and there is no way to ever pay it off by People wh do not owe it in the first place, the only, logical means is not by "reforming the FED but to REPACE it in its entirety and begin by using Real, Honest Money as is described in the US Constititon, (Gold and Silver Coin, as is described Here:
    www.ivamu.com

  67. Hey don't distract people they are doing a lot of research about who's new Brad Pitt's love is!!!

  68. Can you do a show on gold back crypto I think the best of both worlds would love to know your thoughts

  69. I have high Hopes in Donald Trump, cose thats the big difference hes not politician hes a bussines Men.👏

  70. Jewish sorcery, serpent seed

  71. Good thing we're not a democracy and a constitutional representative republic

  72. Excellent Vid.  EVERYONE should view this!

  73. “Ye are of your father the devil, and the lusts of your father it is your will to do. He was a murderer from the beginning, and standeth not in the truth, because there is no truth in him. When he speaketh a lie, he speaketh of his own: for he is a liar, and the father thereof. But because I say the truth, ye believe me not. Which of you convicteth me of sin? If I say truth, why do ye not believe me? He that is of God heareth the words of God: for this cause ye hear them not, because ye are not of God.”
    ‭‭John‬ ‭8:44-47‬ ‭ASV‬‬
    The European or White man, woman, and child often get offended when they hear other nation of people, especially the Negro nation call them the devil (deceiver) that’s spoken of in the Bible. Let take a look at their history since leaving Europe and landing on the shores of this land they call America. First, they presented themselves to the aboriginal people on the land as friends or godly people, even Christians. Shortly thereafter, they began to plan their demise, murder them and still their land. Oh, by the way, these Europeans Christian murdered millions of aboriginal people and stole their land and its resources. In addition, this same Christian nation alone with other Confederate nations decide that stealing another nation of people and bring them to the stolen land as slaves was also the Christian thing to do. These Europeans were so cunning that they brought these stolen people to the land, denied them their history, language, and their God. This godly nation sold them as a product, beat them, hung them in trees, worked them free of wages, raped their men, women, and children, and miseducated and denied them knowledge of self. They even went as far as rewriting their Holy Bible and giving them a Negro Bible to control their behavior toward the slave master. This great nation of people also introduced these conquered people to their European Jesus. I could go on, but I will let the Bible speak.“Beware of false prophets, who come to you in sheep’s clothing, but inwardly are ravening wolves. By their fruits ye shall know them. Do men gather grapes of thorns, or figs of thistles? Even so every good tree bringeth forth good fruit; but the corrupt tree bringeth forth evil fruit. A good tree cannot bring forth evil fruit, neither can a corrupt tree bring forth good fruit. Every tree that bringeth not forth good fruit is hewn down, and cast into the fire. Therefore by their fruits ye shall know them. Not every one that saith unto me, Lord, Lord, shall enter into the kingdom of heaven; but he that doeth the will of my Father who is in heaven. Many will say to me in that day, Lord, Lord, did we not prophesy by thy name, and by thy name cast out demons, and by thy name do many mighty works? And then will I profess unto them, I never knew you: depart from me, ye that work iniquity. Every one therefore that heareth these words of mine, and doeth them, shall be likened unto a wise man, who built his house upon the rock: and the rain descended, and the floods came, and the winds blew, and beat upon that house; and it fell not: for it was founded upon the rock. And every one that heareth these words of mine, and doeth them not, shall be likened unto a foolish man, who built his house upon the sand: and the rain descended, and the floods came, and the winds blew, and smote upon that house; and it fell: and great was the fall thereof.”
    ‭‭Matthew‬ ‭7:15-27‬ ‭ASV‬‬
    “Be not deceived; God is not mocked: for whatsoever a man soweth, that shall he also reap. For he that soweth to his flesh shall of the flesh reap corruption; but he that soweth to the Spirit shall of the Spirit reap life everlasting.”
    ‭‭Galatians‬ ‭6:7-8‬ ‭KJVA‬‬

  74. I have been saying this for ever! US is Rome. With all its good and bad. And its gonna end the same way. Leaving behind a dark age.

  75. My question is what happened to our Gold that was backing up our currency?

  76. How about if we have more than two parties like Democrats and republican? This is like a dictatorship to my understanding..
    We should have a reform to our constitution.
    It's time, even we're already late..

  77. There is NO WAY OUT…..US will bow to Chinese and other gold backed countries, You better hope Jesus return before that.

  78. "A Republic if you can keep it" Benjamin Franklin 1787.
    My question to all my fellow human beings is. Where will the next Republic take place before it is hijacked by Satanic worshipers after the populace becomes too complacent? Or is it already to late for us all?

  79. Forbes is a charlatan otherwise there would be article after article in his publications teaching America what has been washed out of her consciousness. When Forbes speaks I fast forward ty

  80. You can't be so gullible as to believe these men didn't know exactly what would happen considering the fact that these fucking vultures never expeirience inflation because their wages keep up with inflation you can't possibly not know that these are plots against workers ,schemes, every step" in every kingdom in world history.DURR.

  81. Mouthpieces alowed to talk,it doesn't matter if money is in coconuts or hot dogs.A morgage charges twice so my point is no matter the type of payments they charge twice.If you still dont see it,let me enlighten you.A home in 1970 that cost 25.000 now costs 500.000 and to payoff with a 30 year morgage is 1 Million.You wont hear this mentioned much.

  82. Edom = Grecian Romans #Caucasoid

  83. Bankers houses ,do they get bombed

  84. 60 yr old Club Kids

  85. Edict of Prices must have been Obama's play book.

  86. you need to do a video on digital cash payments

  87. not debacement do to public works debasement do to the greedy top end of an econamy the rulers and the owners

  88. the only good thang about a sysrme not bases on gold is that if all the countys in all the world would sell and buy product everyware for the same amount. leveles of knowlage and work would have a corasponding amount of pay for each diffrent levele of work. no form of work be under poverty. ther would be no need for infalation or deflation inflasoin and deflason is only a thing do to are interatoions with other countrys and gold is the same in that. in the end a world econamy based on work and need that dose not chage will win unlike rome thay did not have the abilaty to recycal all that is thowen away witch will aventualy bring down cost as the natuel resorses are gone or to expencinve to obtane a eclibreum will happen in recycleing. things will ware out be recyceled back in to producs to consume agine creating a set price for goods seme gose with food we have made ways to redoce lose in food or extrem flucuations in the amounts of food produce except in the way of natuel disaster we have meny newrr sistume to grow that are impeded on only becouse of the cost we have created in them

  89. This is incredibly oversimplified. Any other classicists stumble upon this and find it somewhat appalling but mostly laughable?

  90. I guess Forbes is a fan of the metric system?

  91. I told you I was a snake before you let me in!

  92. If confederacy one none of this would have happened

  93. Another example of American fuckup

  94. 10:11, Better than Alchemy. We don't need to stinkin' alchemists!

  95. It's not about religion, race, or politics. It's about greed and evil within not mentioned or found.

  96. What I've learned from this series is that it's not currency debasement that destroys societies but WAR. War causes governments to spend more than they earn and eventually go into debts. And to pay them back, they start churning out more currency and destroy the economy.

    So the lesson here is: DON'T GO TO WAR.

  97. Portions are shrinking. That is soooooo true.

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