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

100 Comments

  • GoldSilver (w/ Mike Maloney)

    October 31, 2018

    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.

    Reply
  • alyosha pearce

    November 3, 2019

    So I’m only 3mins in And I get the sneaky feeling by the end of this video you’re gonna to be telling me that I should be buying gold. This is a bit of a propaganda film here? I’ll keep an open mind but I’m pretty sure I know where this is going.

    Reply
  • alyosha pearce

    November 3, 2019

    Okay few more minutes later into this. you can’t compare the variable value of things to the fixed scientific quantification of measurement. Sometimes a crop produces more yield then the year previous. And prices have to be adjusted to reflect that. And then the market decides whether they’re willing to pay the price of that adjustment. You choose to shop at Amazon for all your goods knowing full well that this is a zero sum game where you will ultimately lose everything. But that doesn’t stop you because the convenience of today is to irresistible.

    Reply
  • Earth Travel

    November 3, 2019

    This was just epic. Thank you! So do you think America is going to repeat Roman history? What could be the solution? Maybe what you said after the 24th minute?

    Reply
  • alyosha pearce

    November 3, 2019

    Just to keep things in perspective you are aware that in the same way that you can’t eat currency or money you also can’t eat gold it’s not very life sustaining. So gold is a bit of a lie in itself. And you can increase mining and techniques for extracting more gold so there’s not really an exact limit predetermined amount of gold the still vast qualities of it in the ground. Nowhere near as much as other minerals but they’re still more of it in the ground so it’s not fixed or static really any more so than money or currency is. And it’s individuals to choose to shop and pay for things they may reduce the size of the bar of chocolate with a clever marketing campaign it is the consumer ultimately that falls for the trick. No one is forcing anyone to buy anything ever. So back to my Amazon analogy it’s just that most people are lazy and go for convenience over the best sustainable option.

    Reply
  • alyosha pearce

    November 3, 2019

    All hail the new king King Trump yeah that’s a good idea just make Trump the king and all the problems of the world will be fixed I don’t think so. I mean this is actually a ridiculous video. Autumn doesn’t work spring doesn’t work summer doesn’t work because all of them have to come to an end and move onto the next season. That’s not an argument for not having spring autumn and summer and winter. It’s just a realisation that things are cyclical that’s all. It’s not as if Nixon made a decision at one point and then tried to fix it someone else made that decision life is always been about adjustments. I mean what’s the point in washing your clothes when they just get dirty again that’s not a reason not to wash your clothes this video was fucking annoying to say the least.

    Reply
  • Private Manuel

    November 3, 2019

    3245: today class we will learn about the 2 most powerful empires that ever existed, Rome and the United States of America, we will start on how they begin and how they crumbled

    Reply
  • Tavoi Aiono

    November 3, 2019

    U.S economy is based on murder, lies, deceit, war, blood, more lies, more murders and the overwhelming stupidity of its citizens.

    Reply
  • Tavoi Aiono

    November 4, 2019

    Why do we put up with governments, I think its time we do away with governments and religions. Too many rats and snakes that is infesting the place. The people need to audit the government and redevelop a new system that caters for the people.

    Reply
  • Donald Trump

    November 5, 2019

    This is complete BS

    Reply
  • Myrna McLaren

    November 5, 2019

    Virtual Money ie, bit coins… makeing your own money? Place whatever value you want. Essentially money is printed as much as we want to. "Government" controlled. No value is why this generation is so careless and have no economic sense. This current (on his way out president) came into office "rich". He manipulates paper… MONEY…

    Reply
  • Joseph Jones

    November 6, 2019

    We really are a selfish and stupid race of beings that has no idea of what free will really is….. No clue at all, and this is where zero point energy comes into place

    Reply
  • Martin Screeton

    November 6, 2019

    These would be great educational videos IF Only they did not push a political agenda of anti-government libertarianism… which is an Idea 'if adopted in its entirety' would have every senior citizen living under bridge huddled around a 55 gallon drum barrel fire for warmth…

    Reply
  • Judd Biggs

    November 7, 2019

    I think Jesse Ventura has an interesting idea of how to fix money and taxes… Have a sales tax and no other taxes. Better still, might be for the government to print money to pay for all governing, as the only tax, with no other. We then could have a true democracy with a constitutional limit on the amount of money the government can print. … Inflation would be the only tax, and there would never be tax forms to fill. There would be no debt and no debt burden. The cost of governing would go way down, and everyone could prosper. Hillary Clinton said '"without the rich, everyone would be poor" That statement is just so wrong on so many levels, it hurts to think about it.
    We have inflation because of money making out of thin air. The problem with this is that the money creation is done as a debt, to pay for debt. It is done at the back end, instead of the front end. Front end money printing can pay up front, like paying it forward. No more deficit spending.

    Reply
  • Howard Watson

    November 7, 2019

    China want to remove dollars out of the chart they want to lunch there crypto currencies dollar will not worth a dime if it drops .

    Reply
  • Keith Kennedy

    November 7, 2019

    Same thing goin on in Canadian currency too , not just the good old USA

    Reply
  • Isaac M. Armijo

    November 7, 2019

    My brothers and sisters, most of us are living a righteous life, but even the most righteous umong us is in need if repentence. All have sinned
    and have fallen short of The Glory of The Lord. Join me in repentence and let us echknowledge our sinful ways, then The Lord will hear our prayers. Don't let your sins be the separation between you and The Lord Your God, even now he is ready to forgive. It is he a lone who offers salvation in the forgiveness of sins through The Messiah Yeshua who was given as a ransom for the atonement of the sins of all the people of the world.

    Luke 24:46-49
    telling them, “Here is what it says: the Messiah is to suffer and to rise from the dead on the third day;and in his name repentance leading to forgiveness of sins is to be proclaimed to people from all nations, starting with Yerushalayim. You are witnesses of these things. Now I am sending forth upon you what my Father promised, so stay here in the city until you have been equipped with power from above.”

    2 Chronicles 7:13-14
    If I shut up the sky, so that there is no rain; or if I order locusts to devour the land; or if I send an epidemic of sickness among my people;then, if my people, who bear my name, will humble themselves, pray, seek my face and turn from their evil ways, I will hear from heaven, forgive their sin and heal their land.

    proverbs 8:13
    Whoever conceals their sins does not prosper,
    but the one who confesses them finds mercy.

    Matthew 3:7-8
    If you have really turned from your sins to God, produce fruit that will prove it! –

    Luke 17:3-4
    Watch yourselves! If your brother sins, rebuke him; and if he repents, forgive him.Also, if seven times in one day he sins against you, and seven times he comes to you and says, ‘I repent,’ you are to forgive him.” –

    Isaiah 30:15
    For this is what Adonai Elohim, the Holy One of Isra’el, says: “Returning and resting is what will save you; calmness and confidence will make you strong — but you want none of this!

    Acts 3:18-20
    This is how God fulfilled what he had announced in advance, when he spoke through all the prophets, namely, that his Messiah was to die.“Therefore, repent and turn to God, so that your sins may be erased;so that times of refreshing may come from the Lord’s presence; and he may send the Messiah appointed in advance for you, that is, Yeshua.

    Romans 2:5-10,12-13
    But by your stubbornness, by your unrepentant heart, you are storing up anger for yourself on the Day of Anger, when God’s righteous judgment will be revealed;for he will pay back each one according to his deeds. To those who seek glory, honor and immortality by perseverance in doing good, he will pay back eternal life. But to those who are self-seeking, who disobey the truth and obey evil, he will pay back wrath and anger. Yes, he will pay back misery and anguish to every human being who does evil, to the Jew first, then to the Gentile;but glory and honor and shalom to everyone who keeps doing what is right, to the Jew first, then to the Gentile.All who have sinned outside the framework of Torah will die outside the framework of Torah; and all who have sinned within the framework of Torah will be judged by Torah. For it is not merely the hearers of Torah whom God considers righteous; rather, it is the doers of what Torah says who will be made righteous in God’s sight.

    Matthew 3:8
    If you have really turned from your sins to God, produce fruit that will prove it.

    Reply
  • Gospel Bearer

    November 8, 2019

    I would love for someone to come over to my channel to tell me why this video should be thumbed down objectively speaking…

    Reply
  • Terry Herrera

    November 9, 2019

    Trump could !
    “THEY” won’t let him !!😞

    Reply
  • Jun

    November 9, 2019

    NO ONE CAN BUY AND SALE
    WITHOUT MARK OF THE BEAST
    WE OUR
    NOW
    IN THE LAST DAYSS
    THE REVIVING OF THE WOUNDED BEAST

    WHO is THE WEALTHIEST NATION
    OF THE WORLD
    BEING INVADE AND COLONIZE by the western power
    TAKEN OUT HIS GOLD AND ROB HIS GOLD
    Even king solomon fetched a gold in
    The land of Gold
    Even the world bank recognize this nation the wealthiest of gold deposit .. even the former president of america😁😁😁😁😁😁😁😁😁😁

    Reply
  • Trace zach daniels

    November 9, 2019

    SO SHWEEEETTT…much love Tee with LIONS NAMED LEO.[the music worldwide}

    us help us all always and expose evil always .

    Reply
  • Alexis Winter

    November 9, 2019

    Dotard is like Nixon, he breaks something that wasn't broke, then makes it worse by thinking he can fix it.

    Reply
  • Amanuel Temesgen

    November 9, 2019

    Facebook Libra could save the US and it's allies from economic collapse as an alternative like Gold. Zuckerberg is an underrated Hero.

    Reply
  • Elliott

    November 10, 2019

    Fiat currency is far better than gold IMO… Imagine we capture an astroid in the near future (highly probable… Mining $$$).
    Now we suddenly have quadrillions if not quintillions of dollars of gold entering our economy (more than we have in the entire world right now being circulated) all in the hands of whatever private company does this. How is that better than dollars?
    Idk if not having gold backed dollars is such a doomsday scenario… We've been living in the same world that Rome occupied yet we're still here

    Reply
  • Norman Graham

    November 10, 2019

    Here is where you are wrong, if you are trying to spread fear against the USD. There are several world currencies, and each is compared against the others. The thing that debases a currency is "expansion of the money supply". However, by percentage, the USA is not as bad as other countries. Weird, as bad as we are, and we are horrible, other countries are worse. A good natural inflation would be half a percent a year, but there should be inflation.

    Reply
  • wayne Last

    November 10, 2019

    So are you telling me that our top financial and government people did not know what they were doing in the early 1970s? And since then ?

    Reply
  • Bel Diman

    November 10, 2019

    Mike: The reality is, weather we like it or not that, that without debasement there are simply not enough funds to build the neccessary infrastructure, maintain the military and create economic activities to the whole society, especially in a situation with ever increasing population. Yes it would be possible in a stagnated homogenous society, with a stable population where ressources are never a problem. But when population is growing, when there are external military threats, you cannot cope with the incoming expenses without a temporary monetary debasement.

    Reply
  • Edmund Dantes

    November 10, 2019

    Mogambo Guru

    Reply
  • Tom Zeman

    November 10, 2019

    Bacon $2500.00/ lb.

    Reply
  • Majin Mist

    November 11, 2019

    With every golden age their is a dark age…….

    Reply
  • Patricia Ray

    November 11, 2019

    No they just think they are fooling people by making the package smaller unless food in it. People are not as stupid as the government thinks they are, but the people of the country cannot do nothing about it. It's all about the government and their corruption. And the Republican Party

    Reply
  • Scarlet Gonzales

    November 11, 2019

    That's because the Government are there to get themselves rich they are prostitutes that take payoffs and the hell with everyone else. The federal Reserve is the big Pimp and the tax payers we get fucked.WE have to demand to print our own money and people need to stop depending on the Government to fix your life stop being lazy, Socialism is definitely not the answer unless you are a marxist professor college indoctrinated moron. The government is nothing but a mafia only care that the system stays in place and the voters like douche bags keep on voting for the same trained liars. We need to start holding and demanding for the political whores to serve fewer terms and stop getting payoffs from lobbyist and even foreign country's, also investing in America no matter the cost and worry about out future not some foreign leach.You notice that people like AOC go in there broke and come out multi millionaires ??? Even Bernie who never held a real job ! serving the people right! then you have people making comments how all society.countries fail well we have only been a super power 422 yrs. The  Ottoman Empire    1299- 1922  Roman Empire 1200 yrs.  and you millennial want to throw in the towel ? wow your Marxist professor has taught you well or is it CNN , go smoke your pot and watch the Kardashians  soon with that attitude you will be speaking Chinese.Whats wrong with that? Ask Taiwan .

    Reply
  • David Strickland

    November 12, 2019

    Funny how the whole world is ran by a bunch of freaking pretty rocks. Gold, silver, diamonds.

    Reply
  • Angela Homeniek

    November 12, 2019

    TRuMP Will WIN

    Reply
  • RICH82AIRBORNE

    November 12, 2019

    this is all rothschild propaganda

    Reply
  • Charles Peterson

    November 12, 2019

    Gold is worthless, you can't eat it,wear it,or put it in your fuel tank. Oil is the new gold. Black gold Texas tea

    Reply
  • Gaming with Jaxon

    November 12, 2019

    I think is funny how the government works they could stop poverty but decide not to do anything about it money is nothing but numbers just make money and give it to the poor stop being greedy if Jesus was here that’s exactly what he would do he would make unlimited free credit cards and give it to the people.

    Reply
  • Joseph Daigle

    November 12, 2019

    In a constantly changing world, it is very possible to do the same thing over and over expecting different results, not always so idiotic.Why do we idolize Einstein? How smart is a man who used his genius to create the most destructive force the world has ever known?

    Reply
  • jone camara

    November 12, 2019

    hello I greet you in god name how are you I wan you to help us  we don have food to eat we wan to buy food god knows everything about me I wan your help in sake of god ::can you help me in sake of god because we don have any help am always struggling my   family to have food but I don have any help from people I wan you to help me 250 Dollar  that will help me to buy many food for my family and it will enough for us

    Reply
  • Beast Mode

    November 12, 2019

    America is coming to its breaking point looking at this time line lol…. not funny but look at us in 2019 homeless is the norm, college students can't find jobs in debt. Gold,sliver and the dollar only has value because we give it value for structure but to ignorant to realize our mistakes…

    Reply
  • Steve Ball

    November 13, 2019

    Hahaha love the stupid glasses

    Reply
  • Hoodoo Man

    November 13, 2019

    A fiat currency is a sure sign of a Republic in decline. We should be constitutionally bound to use gold and silver to back up our currency. All currency should be redeemable in Gold and Silver. As it is now we are just pretending that paper is money. When in reality it is just paper. Silly humans.

    Reply
  • WOLFY

    November 14, 2019

    buy lead now

    Reply
  • Robert Pratt

    November 14, 2019

    Public works = bad. Got it.
    We should still be throwing our crap out of second storey windows into the street.

    Let's ignore the accumulation of most 'money' by very few people…../.

    Reply
  • BUILD THE WALL

    November 14, 2019

    ANY SOCIETY THAT LOOKS AT KIM KARDASHIAN'S BEHIND THIS MANY YEARS IS A DEMENTED SOCIETY AND DOES NOT DESERVE TO LIVE..

    Reply
  • Faithful Black Sheep

    November 15, 2019

    It crashes every seven years that means it'll crash again in September 2021. this is because no one observes the Shimitah in Torah: The 7th year Sabbat of the land.

    Reply
  • /V I G G E R

    November 15, 2019

    The more money you print, the more it gets devalued. So keep printing more dollars…

    Reply
  • Muhammad Khan

    November 15, 2019

    Bitcoin 🤔❤🤔 THE ULTIMATE SOLUTION
    1 USD = 1 Satoshi

    Reply
  • skidfrog

    November 16, 2019

    In Gibbons "Fall of Rome" book I always remember he mentioned that a single "measure" of grain cost 2 sesterces at the dawn of Rome….. but that by the fall of Rome the same measure cost 2 million sesterces. Obviously no-one could carry such a load of coins around……so credit recorded on tablets became the way of balancing the books……..and the only way to reset would be to destroy all records of loans ( such as burning the entire city if possible )

    Reply
  • Guemly. Joseph.

    November 17, 2019

    Keke.

    Reply
  • Kiyingi Rogers

    November 18, 2019

    God has judged Nations and leaders on how they treat the Nation of Israel, in history, all the Nations, leaders and empires that rejected Israel, God rejected them and they collapsed but the one that embraced Israel, the Almighty God blessed them.
    The ones cursed
    USSR
    NAZI GERMANY
    BRITISH EMPIRE
    OTTO MAN EMPIRE
    GREECE EMPIRE
    ROME
    SPANISH EMPIRE

    the ones blessed
    OTTO MAN EMPIRE
    ALEXANDER THE GREAT REIGN
    USA
    CORITHIANS
    EMPEROR ATAXUSES

    Reply
  • Sung Cha

    November 18, 2019

    The new money, Bitcoin and Gold

    Reply
  • Truth Be Told

    November 18, 2019

    Brilliant stuff…should be required viewing in all US classrooms and households.Why ? because it's not a documentary it's a prediction.

    Reply
  • Rob Van Gessel

    November 19, 2019

    There's the flipside to the "consequences of taxing business" you cited here: consolidated wealth in the absence of regulation, resulting in monopolies of the sort we had throughout the 19th century, when there was no consumer protection, workers' rights, or environmental protection measures against the onslaught of modern industrialism. I didn't hear you get into that comparatively modern ingredient of laissez-faire capitalism! The biggest threat we have now – unlike any other in human history – is acclerated climate change due to unfettered industry over roughly the last 200 years – and public complacency to warnings of data from the scientific community, propagated by the corporations (much the way cigarette companies denied cancer-causing factors in smoking for decades, to keep those sales rocketing!). The radical shifts we're seeing unfold around the planet from manmade causes like destruction of the rainforests, relentless fossil fuels in the atmosphere, and dying marine life from industrial waste will inflict more on our economic existence than anything else. Hand a deregulated global market to the oligarchs (e.g., Trump's friends in Russia), and it'll perpetuate. The surest way for a society to commit suicide is by ignoring scientists.

    Reply
  • Rob Van Gessel

    November 19, 2019

    Here's the history I believe you deliberately sidetrack, and what did NOT exist in the Roman Republic, the age of the robber barons. https://www.youtube.com/watch?v=W4c9jhzoV44

    Reply
  • mark demell

    November 20, 2019

    Nothing new under the sun.

    Reply
  • John Ford

    November 20, 2019

    Yes, but there were still down turns of economic panics in the18 hundreds. How do they relate to stable gold and silver backed money?

    Reply
  • Jimy Gomes

    November 21, 2019

    That Nixon guy!! 😑

    Reply
  • Anthony Tobin

    November 21, 2019

    Nuclear Annihilation, I stopped watching at 0:34, because that has not been warned to us for hundreds of years, Nuclear Annihilation.

    Reply
  • Check AC

    November 21, 2019

    America will absolutely fall, it’s only a matter of time

    Reply
  • KEA

    November 21, 2019

    In the meantime…Warren for President!
    She'll fight for fairness!
    Like, if you agree!

    Reply
  • John Wolf

    November 23, 2019

    Nixon was just another Socialist muppet.
    Who knew?
    Looks as if every damn bastard in charge of anything at all has to be the same damn thing…. doing the same damn thing, over and over and over… forever.
    Humanity is an evolutionary dead-end.

    Reply
  • Salty man Reviews

    November 23, 2019

    This is how boomers ruined the country and the world

    Reply
  • Ryan Cotten

    November 23, 2019

    This guy says same thing about the Dollar as a joke at conferences as some joke about Capitalism lol – "its the worst economic system in the world except all the others" – funny how you don't have the same standard for Capitalism as you do the Dollar/fiat currency. Maybe someday Austrians/Ancaps will realize both are incompatible and unsustainable lies

    Reply
  • Backed by Gold

    November 24, 2019

    Countries of the world needs to ditch that petrodollars and drop all those treasury bonds for global peace and real wealth ownership.
    The whole world will be peaceful and all the people in the world will be able to enjoy what is rightfully theirs.
    Countries should prospers from their own resources & produces for real sustainable growth and not from oil that does that does not belongs to them.
    Join the BRICS countries led by Russia to ditch that dammed petrodollars and drop all those treasury bonds and backed by the gold & the silver for the betterment of the world!
    The BRICS countries will start the balls rolling in that direction!

    Reply
  • GODrules555

    November 24, 2019

    While the modern day USA repeats the History of The Christian Roman Empire the modern day USA will "never" even have a clue, and it will also be the demise of the USA just like the last days of The Christian Roman Empire; except, one little bitty fact of truth, and that is The Human Being Species is at their "last rank" of power called "Dragon" which is Nuclear Weapons; therefore, the days of Armageddon are now numbered before eventually Armageddon itself is no longer knocking at the door because it is "the fist" straight through The Human Being Species' reality itself in that now The Human Being Species hangs in the balance of possible extinction by their own hand that is known as Armageddon. Therefore, this will be known as "The Fist" that knocks on the door of the World.

    On Christmas Day 2019 C.E. the total yearly income of the Nation called The United States Of America for its entire year of 2019 C.E. is approximately 22 Trillion dollars; yet, the debt of the Nation of The United States Of America is approximately 24 Trillion dollars, and the USA's debt keeps rising against a "stagnant" National yearly income, and that is the mathematics of a train wreck that is eventually to come. EYE 5

    Reply
  • albert mata

    November 24, 2019

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

    Reply
  • Linachris5 Jjmichael

    November 25, 2019

    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….

    Reply
  • hazeline alejandro

    November 25, 2019

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

    Reply
  • Bill Scott

    November 26, 2019

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

    Reply
  • KatariaGujjar

    November 26, 2019

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

    Reply
  • Frederika Wells

    November 26, 2019

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

    Reply
  • Frederika Wells

    November 26, 2019

    Is everywhere every country……lol

    Reply
  • zsr

    November 26, 2019

    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

    Reply
  • Count Rufus

    November 26, 2019

    Why would someone imitate that insane Roman empire purposely like Usa

    Reply
  • Tony Stark

    November 27, 2019

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

    Reply
  • Jason Olson

    November 27, 2019

    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.

    Reply
  • Jason Olson

    November 27, 2019

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

    Reply
  • Keine Ahnung

    November 27, 2019

    The second pubic war was a heated sexual encounter.

    Reply
  • Mike Angel

    November 27, 2019

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

    Reply
  • Dark Energy

    November 27, 2019

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

    Reply
  • Keith Busch

    November 28, 2019

    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!

    Reply
  • Ruth Northrop

    November 28, 2019

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

    Reply
  • Gman 49

    November 28, 2019

    Remember no one cried for Rome. Except the Romans.

    Reply
  • Gman 49

    November 28, 2019

    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.

    Reply
  • Tee

    November 28, 2019

    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.

    Reply
  • chales dor

    November 28, 2019

    Lies… lies…. lies

    Reply
  • David John

    November 29, 2019

    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.

    Reply
  • Agu mon

    November 29, 2019

    Hahaha trump. It's obviously the sign

    Reply
  • Peter Lee

    November 29, 2019

    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..!

    Reply
  • J Antione

    November 29, 2019

    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!

    Reply
  • Jr Po

    November 30, 2019

    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!

    Reply
  • Stuart Cleary

    November 30, 2019

    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.

    Reply
  • Geoff Heitzler

    November 30, 2019

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

    Reply
  • Geoff Heitzler

    November 30, 2019

    except when they want the Government to bail them out.

    Reply
  • Nemo the Fallen Angel

    November 30, 2019

    Bible says gold and silver will be useless in end tmes

    Because you can't pallet it

    Reply
  • Francisco Valiente

    November 30, 2019

    Banking Cartel! stop dancing around it.

    Reply
  • Steve Minor

    December 1, 2019

    END TIMES FOR ALL GOVERNMENT AROUND THE WORLD…..

    Reply
  • nynative137

    December 1, 2019

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

    Reply
  • Jonathan Sakks

    December 1, 2019

    Julius Paulus, an ancestor of Ron Paul

    Reply

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