HARD MONEY FULL-FEATURE-US Dollar Inflation Explained - Why Fiat is failing after 50 yrs w/ Ron Paul

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  • čas přidán 25. 06. 2024
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Komentáře • 24

  • @rentonrealestate
    @rentonrealestate Před 2 lety +3

    22 trillion those were the days

  • @markvandenberg4606
    @markvandenberg4606 Před 2 lety +3

    Thought-provoking video. The relationship to the debasement of culture around 20:20 is interesting, and should remind us of the fact that, ultimately, we cannot sustain a capitalist system without a proper cultural foundation. These things are happening because we have been decadent, and want to have our cake and eat it too. A people who wish to substitute a consumerist lifestyle for one of delayed gratification and investments in the future will not be able to maintain a capitalist economy. I firmly believe we’re seeing the evidence of this materialize before our eyes right now.

  • @jeevs4187
    @jeevs4187 Před 2 lety +7

    The funny thing is this: suspend TEMPORARILY ... which when heard from politicians it only means permanent

    • @BasicEconomics
      @BasicEconomics  Před 2 lety +4

      Milton Friedman famously said "There is nothing more permanent than a temporary government program"

  • @FrederickHenriquez
    @FrederickHenriquez Před 2 lety +4

    I think they are going into the digital dollar way sooner than later

    • @BasicEconomics
      @BasicEconomics  Před 2 lety +1

      a digital dollar CBDC (Central Bank Digital Currency) is being developed sadly unlike bitcoin it can be copied and inflated endlessly by the Fed, it also will have the added feature of being able to track your every purchase your every movement, government taxes and fines will be collected instantly without consent.

    • @FrederickHenriquez
      @FrederickHenriquez Před 2 lety +1

      @@BasicEconomics that is unfortunately true, however you will more than likely have 18 month of free money when they decide to implement it to “get rich or die trying”. They’ll have to give free money for people to spread the “how good is it” before it’s not that good. Mark the calendar if it’s your desire.

    • @Imajinayogadva
      @Imajinayogadva Před 2 lety

      @@FrederickHenriquez for what day lol

    • @FrederickHenriquez
      @FrederickHenriquez Před 2 lety

      @@Imajinayogadva hahaha true

  • @MrDanielfff777
    @MrDanielfff777 Před 2 lety

    This is interesting...

  • @kingawesome7922
    @kingawesome7922 Před 2 lety +2

    Bitcoin it is