Where Does Money Come From? – Hidden Secrets Of Money Ep 5 – Mike Maloney

Where Does Money Come From? – Hidden Secrets Of Money Ep 5 – Mike Maloney

This episode is brought to you by the
new GoldSilver Vault App Get it for free at HiddenSecretsOfMoney.com The entire world is facing a debt
driven disaster the scale of which has never been seen before in human history.
The situation is now so severe that we’re left with only two options: default on our debt, or inflate it away.
You can already hear people blaming the free markets and even money itself for our problems and to me this is just
tragic because we don’t have free markets any more and we certainly don’t use real money,
This is the real reason for our problems: Our money itself has been corrupted. It’s not just an issue of economics, this
affects your freedom. When this crisis hits people will be
screaming for the government to do something, when it was the government who caused the
problems in the first place. Many societies have faced this dilemma in
the past and we can learn what the outcome might be simply by studying what they did and
comparing it to what we’re doing today. So while I was in Germany I decided to
stop by one of my favorite museums and take you on a kind of crash course
on the history of real money, how it evolved, and the twin dangers that
arise When Money Is Corrupted. I’m here at the Bundesbank Money Museum in Germany and this is one of the best
museums I have ever seen. Right at the very
beginning of the museum you walk in and it starts
with barter, you know originally the first form of currency
was livestock… the problem with livestock though like
for instance this cow, if I traded this cow to you for
something and somebody else wants to trade you something else that has a much lower value you can’t make
change! A system that relies on barter is very
inefficient because you not only suffer from the problems of divisibility you also rely on the hope that you’ll
find someone who has a good or service that you need who wants something that you have at the
same place and at the same time. In economics this
is called the Coincidence Of Wants. Now add the fact that most goods have a
shelf life before they perish and you can see why barter systems held
mankind back for so long. So what was it that solved the
Coincidence Of Wants and propelled us out of the Stone Age and into space? It was
the invention of money. Money is not evil, it is a magnificent
tool that allows us to trade our specialized skills and to store our economic energy.
Without it we be struggling to feed ourselves each
day and our average life span would still be thirty.
In episode one we learned that real money has to fulfill certain properties in order to function. But twenty six
hundred years after its emergence people still confuse money with currency…
even the so-called experts. So they’ve got here some of the things about what money is, the first
example here is ‘Money is whatever goes’ So, ‘in earlier
cultures commodities such as cattle stones or medals were used as money.
Buyers took the value of the goods on trust when making their
purchase. Today too, money is a question of confidence.’ So, the currency today isn’t money today we’re
using currency… that’s the only reason it has any
purchasing power whatsoever, it’s because yesterday your experience was
that it purchased something so you have faith
that it’s going to purchase something tomorrow, otherwise it has no value. ‘Whatever form
it takes reliable money has two characteristics:
It is genuine, and it is stable. People can rely on its
value.’ Well you know what fiat currency around the
planet has maintained its value? They all fall in value so right away you can
see the difference, they’re talking about currency here and when they say it’s genuineÉI mean what
is genuine? A counterfeiter, somebody that’s running
their own printing press in their basement is making genuine notes as far as he’s
concernedÉthey’re genuine counterfeits! These things that just come off a
printing press well yeah, it’s a genuine lie from a central bank or government that you’ve
got something that’s going to store value for you because it doesn’t over long periods of time…
it loses value. ‘Gold banknotes and electronic money (meaning electronic currency) may be
stored, divided up or transported. As its
material value has declined over time, its genuineness has had to be beyond question.’ Well this one
says that it’s got to maintain its value and right here they’re contradicting the the next one. The one thing here, gold is the only thing that they’re
talking about that has not lost its value. ‘In the past rare goods
were used as money. Today central banks must ensure that the
supply of money is restricted.’ Well what are they doing
all over the planet today? They’re lifting all restrictions on how
much currency they are creating… they’re flooding the planet with currency.
The next display shows the usual museum pieces that are described as commodity
money cowry shells, representative axes, cocoa
beans and the like. While these worked better than barter
none of them were actually money because they all had a weakness, one or
more properties of money that they couldn’t fulfill. Therefore they are commodity CURRENCIES not
MONEY. Some of these were widely used right up
until the beginning of the 20th century and there’s some stuff here that I
haven’t seen beforeÉ Here’s something very interesting, this brick of tea, its value is in the intrinsic, it’s in the commodity
that you’re using, it’s the tea. But this one has a certain fungibility
to it, each unit would have the same value and you can make change. You can
snap these things apart into units of six, it’s portable it’s
not that heavy, this one fulfills quite a few functions and money… I would not imagine that is that durable,
and probably doesn’t wear that well. And now we come to the emergence of real
money. Here we have little pieces of metal, just little
pieces that have been broken off bars or something that was cast, other
little blobs of metal. They were traded as a currency you
know they had purchasing power they had an intrinsic value but they still weren’t fungible which
means interchangeable… every one of them has a different value,
you can see that some of them have a higher silver
content, some of them have a higher gold content. These are called electrum, a mixture
of gold and silver, naturally-occurring. What you notice is
that this is from the 7th century BC and then between the seventh and the
sixth century were talking about somewhere between 680 and 630 BC the
emergence of true money. Here we’ve got four coins, the large one is a one-third stater coin, and the other three are one-sixth stater coins. Each unit is interchangeable,
it’s now a unit of account you can take so many of these in trade
for so many have loaves of bread and you don’t have to break out your
little scale and weigh them any longer. With the little chunks of metal you had
to weigh every transaction that was going on and you
had to weigh whatever your payment was and then take a guess as to what the purity
was. Here you have some standards that were
set by mints and guaranteed by those mints. These are a unit of account, they’re
fungible, every one of them is interchangeable, their portable, they’re durable, in
your pocket over long periods of time, they’re divisible you can make change. You
can see there’s a one-third stater and one sixth staters. And they’re a store in value
over long periods of time. These still have purchasing power today 2,600 years after they were made. Another thing that I find really
interesting is that between maybe 680 BC in the year 300 BC cultures all around the world, they all gravitated toward gold and silver coinage
as money. The entire world sort of decided
altogether that gold and silver were money. Why?
Because the free markets keep on selecting gold and silver as money
because of the properties that they have. So now we get to the room of real money.
This is a vault door and this is where they’ve got all the
great examples of the real gold and silver coins so come on in and join me. So here we get to the first display, here’s
gold and silver, what they’re using to make money and here we have some very
early representations of gold and silver coins. And, I love these displays, they start
with coins in Lydia so these coins go back to the very first minting of true coinage. So here we have…
starting the 6th century BC, and then it goes up to the 3rd century
and then from the 5th to the 11th century and
the 13th to the 15th century and these displays just go on and on
with the history of real money, gold and silver. And here
seventeenth and eighteenth century, here we come to the 19th century and now we’re all the way up to the 20th
century here. And here we come to our first example
government issued fiat currency this is a from China this is
from 1375 and what’s interesting is I have a chart that compares the value have the paper
currency in China compared to silver, and there was a hyper
inflation of this currency it wasn’t backed by anything, it wasn’t
backed by taxes it wasn’t backed by anything. The Treasury they could just print this and so this
went into hyper-inflation because the government was just running
its budget by just doing deficit spending by printing. And then I’m gonna skip to sum of the
colonial currency. This is the United States and each one of
these currencies is printed by a different state, we’ve
got Maryland South Carolina, North Carolina,
Connecticut, New York, this one here is particularly
interesting it’s printed in the fourteenth year of the reign of King George the third, it’s dated March 25th 1776 so this is just a few months before
the declaration of independence. it says here ‘Tis death to counterfeit’ This was printed just before we started coming out with the
continental dollar which went into hyper-inflation because
of pure deficit spending on the Revolutionary War. And so…this is the wall where real money gets corrupted. This is where
it all turns to paper which sometimes is backed by
something but it can be a lie, they can print more than they have of the stuff to back it. As we learned in Episode 2 one of the
first things the country does at the outbreak of war is to suspend redemption
rights so that their currency is no longer
redeemable in gold. This is exactly what Germany did before
World War one. After losing the war they suffered
through one of the worst hyper inflations on record when they were burdened with massive
reparation payments to France and the Allies. These heavy penalties stifled the German
economy and brought it to a standstill leaving the country with the same two
choices all indebted nations have faced throughout history: Default on their debt or inflate it
away Defaulting was not a viable option as
they were completely impoverished, weakened, and surrounded by armed forces
ready to take their land. Since the currency was no longer tied to
gold it was decided to light up the printing presses and inflate their way
out, paying the debts with new currency
created out of thin air. This had drastic consequences, check out
some other this Weimar currency. The display starts with one mark that
actually purchased something, but soon the notes rise to the thousands,
then the millions, then the billions, and finally the
trillions. It’s mind-blowing. You’ll notice that I’m
laughing a little bit as we move through the museum but I’m not laughing at the people, I’m
laughing at the stupidity of central banks, and of governments, and how we never seem
to learn from history. OK, and this is an example of different currencies used during the
hyper-inflation and they call some of it inflation money
and emergency money. This is interesting, they
figured the way out of hyper-inflation was to print more! So, ‘In 1923 the value of money fell by
fifty percent or more per day.’ That means prices are doubling every day,
it’s falling by fifty percent. ‘Nearly everyone spent their money as
quickly as possible on bread, shares and other safe assets.’ Well
I don’t consider shares safe assets, actually the stock market
did not keep up with the inflation. ‘However, this rapid circulation only
served to stoke inflation even further.’ That’s
the function of velocity of money it’s just a when velocity picks up it’s just like expanding the
quantity, it has the same effect. ‘At the end, even 144
printing companies working for the Reichsbank could not keep
up with the demand for banknotes. Emergency money issued by cities, local
authorities, as well as banks and other enterprises started being
circulated.’ So everybody was issuing currency to add
to the currency that the government was printing like crazy! ‘Although bank notes
with face values of trillions of marks were issued the vast demand for moneyÉ’ That’s not correct! ‘The vast demand for CURRENCY
led to a paper shortage. Printers used anything that could be found
including wool wood and silk.’ So so here’s some examples
of wood, wool and silk currencies over here. So this is a great example of how
even here, in a museum of what they call ‘money’…
this is the Bundesbank, one of the world’s great central banks,
(if you can call any central bank great)Éthey don’t
understand the difference between money and currency! They’re calling all of this
‘money’ and it has nothing to do with money,
it was a promise to pay money at one point, and then it was a broken promise. People have
faith in these government created currencies and it allows governments to basically rob their own people. The
government erased the debts that they had left over from
World War one by just hyper inflating the currency and basically that transfers all the
wealth of the middle class to the government. The government
inflated away the debts but they also inflated away the prosperity of their entire population. When we were in Germany we got a chance
to shoot in front of the Bundestag, which used to be called the Reichstag, and
it felt… it’s very very significant in that…out of monetary crisis
you very often see the political landscape
change dramatically. It’s the middle class of a country
that defines the country with their vote they’re the largest sector of any country, about
70 percent. And a currency crisis like a
hyperinflation wipes out and impoverishes the middle
class, and they become filled with fear, and it’s very easy for somebody to come in and prey on
that fear… and dictators arise out of hyper-inflation, and this is one of my
greatest fears as far as the United States goes. I think that we all have to be very very careful and very watchful for
what happens in the future. A few years ago I was interviewing
Congressman Ron Paul and he said ‘I think that there’s going
to be a financial collapse before they come around to thinking seriously about
monetary policy but the real thing we have to worry
about is not the loss of our wealth, it’s the rise
of a dictator, it’s the loss of our freedom.’ What’s
interesting is that the rise of Hitler, there were two times where he played on
the public’s fear, he could never have come to power had there not been a hyper inflation
back in 1923. Just one week before the end of that
hyper-inflation that’s when Hitler made his first big
public appearance. Playing to the public fear Hitler and
his storm troopers took over a beer hall
called the BurgerBraukeller that seats around 3,000 people and he
took the stage by gunpoint, and to this literally captive audience he gave a speech that would change the
world. Because of the hyperinflation the audience had been recently
impoverished, their wealth had been stolen by the government running the printing
presses, and so they’re all scared. He offers them a scapegoat and tells
them he’s got the way out. He became very popular after that and the
very next day the people that we’re listening to him
followed him in an attempt to overthrow the government. He was arrested, tried and convicted of
high treason, and served time. While he was in jail he
was provided with a private secretary, Rudolf Hess and he
actually wrote about half ‘Mein Kampf’ while serving time. But once the economy started to recover Hitler lost that leverage, that power, he
could no longer play on the fear of the public, once the economic situation had changed.
By the middle of the Roaring Twenties he had become a joke. The Nazi Party had
gone to less than two percent of the vote, then along came the Great
Depression, and Hitler seized this opportunity again.
He was the first politician to actually campaign by aircraft hitting multiple
cities in a single day and the Nazi Party went from two percent
of the vote to the second largest party in Germany. So playing on the public’s fear Hitler
was able to take away the rights and Germans,
all these guaranteed rights in Weimar Constitution private property rights, the right to
assemble, public assembly, the right to privacy in the mail, the
telephone system, he’d just took away all their rights and
seized power. So this is some of the things that
we have to be concerned about and be very mindful of… Economic crisis very often leads to the
rise of a dictator. Yeah the fact that this was just seventy
to eighty years ago, basically there are still people alive
today that experienced this, but enough of them have died off to
where the warnings fall on deaf ears. Berlin is
a great example of another massive danger to individual freedom that
economic crisis can bring: the swing from capitalism to
collectivism. After world war two the city was
basically divided in half the West being capitalist and the East
communist. Germany was reunified in 1990 but even
this short period of separation showed the vastly different levels of prosperity
that the two systems achieved. So this is the famous Checkpoint Charlie
and what’s interesting is how quickly an
economy can heal. Just twenty years ago you would have
seen a tremendous difference between the East and the West you’d have one side that has tall buildings and is much
more industrialized and new and then one side that was that’s
very old and gray. It was one of the best examples of what a state-run society does to an
economy. How the more the public relies on
government, the worse the general economy gets. What happens you know in capitalism you
have the greatest disparity between the poorest and the richest
individuals and there’s a backlash against that and
you see this happening in waves and cycles, this cycle that goes from capitalism to collectivism. Here, the example, I mean you had this line
going right through a city and one side of the city that was very poor
and the other side prosperous by comparison. Now when
we go toward collectivism, they want to eliminate this great disparity between the poorest
in the richest individuals, but what happens is it that they don’t raise
the standard of living for the poor up here, they drag the whole economy down
so that everybody ends up living down here… except for the people that are in
running the government. Collectivism is a danger because we’ve
proven time and time again that it doesn’t work. The evidence is in. If you look at
history it’s clear that maximum prosperity can only be achieved through individual freedom, free markets and
sound money. You’d think that we would learn from history, but
I’m going to show you a few more displays from the museum that prove conclusively we haven’t. And this is where we are
today, this is a sheet of Fifty Euro notes
and these just come out at printing press bam bam bam bam bam just like those notes did! and the entire world today is
sort ofÉ every central bank across the planet is
creating currency like crazy right now, toÉI i think we’re going into deflation
so they’re trying to stave off deflation right now, by printing their way out of it. So here we’ve got some examples of
the technology that governments around the world are
putting into their counterfeit currency so that the public can’t counterfeit the currency that the
governments are now counterfeiting. So you’ve got all these holograms and
watermarks and different threads and different types of the paper, and then here’s this big old printing
plate where they pop these things out a mile a minute, and right now they are hyper inflating
the base money around the world – the paper money. We’re going into a
deflation of the credit money – that voodoo hocus-pocus
currency that the banks just type into the computers, that’s starting to collapse where this stuff is expanding. So we learned in episode 4 that modern
currency creation is a complete scam, but a whole lot of people had trouble
believing that it could be true. The European Central Bank has this
awesome display that shows you exactly how it’s done and it’s basically the same as our episode 4, so here’s a quick recap
thanks to the ECB. Basically the central bank and the Treasury swap IOUs, the central bank
writes a check and the Treasury issues a Treasury bond which is an IOU and that creates currency, and then somebody is paid, it gets deposited into a
bank account and a thousand marks – they withhold
10 percent so right here they’re already telling you that his bank account is a lie, he
deposited 1000 in it, they only withhold 100
in case he wants some of that and then they loan out 900 which then she buys something from this guy he
deposits the nine hundred they borrow ninety percent of that and
leave just 10 percent on deposit for him and the result is that it expands,
every 1000 ends up creating 10,000, or every one dollar creates ten
dollars. You know they’ve got the result here –
it’s all sort of a voodoo hocus-pocus scheme. One of the great things that I’ve
noticed here is that throughout the museum they keep on proving the point that even though this is the Bundesbank
museum… they prove the point that
fiat currencies that come off of a printing press, eventually go to zero, that they’re really
worthless. This says’The ideal goal of all monetary
systems was to ensure that money is trustworthy
and kept in short supply. Metal-based currencies restrict the
money supply because metal deposits are naturally limited. However, during the industrial revolution in the
nineteenth century the rapidly growing economy needed a
means of payment which could adapt flexibly to
this growth.’ BALONEY! You can have a fixed currency
supply and when you have economic growth it means that
the currency gains in purchasing power. ‘In the 20th century uncovered currencies
(meaning un-backed currencies) have been the norm. In
principle the money stock could grow unchecked.
This is why central banks must ensure that the money stock is in line with
economic growth.’ Yeah, right! So here we’ve got my buddy Milton. Actually Milton was a sort of semi-free
market economist, he won the Nobel Prize, so he’s considered the Dean of the Chicago
School of monetary thought, which are ‘Monetarists’ – they believe that we should have a Federal Reserve and it should
expand and contract we currency supply to achieve a stable prices. One of the
problems with Keynesians and Monetarists and so on is that they
think you should expand it and contract it but they never contract it! They just, you know Keynesian: You’re
supposed to spend when the economy is bad the government’s supposed to spend and
stimulate and then withdraw currency from
circulation to keep us from going into a bubble caused by the expansion of credit and
the spending that they did during the bad portion in the economy so
they take this rubber band and they stretch it
and is supposed to come back, but they never do that, they just keep on
stretching it to infinity! And here we are right now, where we are in the world is that that
rubber band is about to snap with every currency on the planet. And so
I’m in instability, and deflation, inflation let
me see maybe I’ll cause a hyperinflation… Uh! It just went off the inflation scale I
guess I did cause a hyper-inflation… oops! And now the whole thing is
collapsing! I this game of inflation and deflation
has never worked, right now we’re on the precipice of the
whole system collapsing and just like the game, our monetary system will reset. This is
where the twin dangers we learned about may rear their ugly heads so it’s up to all of us to learn from
history. I mentioned earlier that it was the invention of money that allowed
humans to prosper and rise out of the Stone Age, but money is
only part of the equation. What use is money if you don’t have
freedom? So what’s going to happen? Will we
default or inflate our way out of the mess we’re
in? Since 2005 I’ve been stating publicly and I also wrote in my book that I believe
we’re headed toward a series of events involving a short term deflation, followed by a big inflation or
hyperinflation. If you really want to learn how this
inflation might affect you and your family join me at HiddenSecretsOfMoney.com
for this episode’s exclusive presentation, It’s a special video that shows where I
believe we are on this economic roller coaster ride and how I think it’ll play out. So for
now what can you do? 1 – share this video on social media and
subscribe to our YouTube channel. 2 – Educate yourself by watching the rest of
this series, and 3 – Take action to protect yourself and your
family. Learn what you can do at HiddenSecretsOfMoney.com
I’ll see you there. Should I buy half million or a million? Let me see how much, this is not gonna
travel well in the suitcase…but it would be good to have a million euros wouldn’t it? Tough decision, so okay I’m gonna buy a quarter million Euros so here’s 50 Euros for your
quarter-million and uhhÉ. yeah, and I get change back! It’s about 8 euros to buy a quarter million Euros. OK Okay and what’s interesting is these are
going to eventually be in here. And it won’t be too long before these end up like this. Oh, and we get some a chocolate gold coins!
Danke. So that’s our tour of one of the best
monetary museums I’ve seen so far, but what amazes me is that they still just don’t get it! This episode was brought to you by the
new GoldSilver Vault App Get the latest silver and gold prices, news,
videos, and track your holdings using the virtual vault feature all in the palm of your hand. Get it for
free at HiddenSecretsOfMoney.com


  • shrey aradhye

    January 13, 2019

    Then came the bitcoin

  • Rman Hoss

    January 16, 2019

    At the end of the day whatever currency is held most by the rich, may it be gold or other, will be the currency instead of the dollar. Which will be ditched!

  • No Name

    January 27, 2019

    Great job Mike. The truth is what fights evil and eventually will overcome. It is impossible to wrap your head around the level of cover-up it took to hide all of this from the people. You sir are a Patriot.

  • Patrick Nintemann

    January 27, 2019

    What Coin is that in the Thumbnail?

  • geisha denino

    January 28, 2019

    xrp to the moon

  • Bob F

    January 31, 2019

    Money is created on the printing press. But wealth is created in your mind.

  • Christoph Rydzewski

    February 1, 2019

    so everything is effected by money even in the last days that beast system in which wont work. or is this just another one that failed as they always will. even in chip form it will cause chaos. looks like live life the best let money not tear us apart. greed is the issue and warning by the old

  • muffinman1

    February 4, 2019

    its 2019 and petrodollar war is beginning to rumble.

  • braddeicide

    February 12, 2019

    So all the US government needs to do is print a few trillion dollar notes and their debt is paid off (don't forget to blame the fallout on the previous administration)

  • Australian Patriot

    February 14, 2019

    As Australia's vast amount's of natural resources are raped by the 'World Zionist Government' .Voting is rigged fools !Generational Australians who built Australia and fought in two world wars fighting and dying for the freedoms of other peoples countries, by sacrificing hundreds of thousands of our beautiful Australian 'Men'.  Now those Australian families are being exterminated generationally and replaced by mainly foreign third world moronic breeders . Who better fit the world zionist corporates plans for better Modern Pavlovian Helotism.! What makes the best slave ? The one who thinks they are free !

  • Cunn Brown

    February 15, 2019

    Currency should have 50% stockholder value whosoever possesses the dollar bill can get 50cent coin from any bank the other half of the dollar is the banks-

  • Cunn Brown

    February 15, 2019

    Banks should pay double wages get rid of the IRS.

  • Diddle Le Le

    February 16, 2019


  • Investidor Universal

    February 16, 2019

    muito bom video oportunidades que gostamos http://www.seunegociomilionario.com/id14M01J24/

  • Shivam Gupta

    February 22, 2019

    16:09 He predicted the 2016 elections. damn!!

  • Titus

    February 25, 2019

    Please read the book J.,.,e.,.w.,i.,.s,.,h Domination of Weimar Germany by Eckart Verlag, and The Myth of German Villainy by Benton Bradberry, and Mein Kampf, and Gottfried Feder's work. Check out Brian Ruhe and Brother Nathanael Kapner's youtube channel's. Why is the world in such turmoil, when the supposed 'most evil man to ever exist' has been defeated? Was it all a lie? Do the research. Why is the focus always on the National Socialists, and not the J.,e.,.,w.,i.,.s,.,h Bolsheviks (even Putin admitted the Bolshevik leadership was j.,.,e.,.,w.,i.,.,s.,.h) who murdered tens of millions of White Christian Russians, and Ukrainians? What about Eisenhower's concentration camps which killed up to 2 million Germans AFTER the war? Again, please do the research.

    Also, what is with the spelling errors? Is that part of some secret communication?

  • Marco Layne Crapanzano

    March 1, 2019

    This video it's literally gold

  • Paul Charles

    March 7, 2019

    Money is the means of wealth EXTRACTION from the many to the few. The media is used to sell propaganda promising citizens wealth and freedom whilst this is happening and they are being walked into debt peonage and slavery. The propoganda keeps them compliant, mesmerised and docile!!

  • Paul Charles

    March 7, 2019

    Shame I didn't see this 6 years ago!!

  • Nayan Mipun

    March 12, 2019

    Essentially the barter system exist even today

  • Nayan Mipun

    March 12, 2019

    However the interesting thing about currency money that is cash weather is it in digital or physical form is that it is more stable than any other economic value such is your land maybe zero or maybe trillions of dollars but however the currency is table within a certain limit it is not sway on that upper and lower limit so investing in banks savings does make sense as much as other investments matter

  • Nayan Mipun

    March 12, 2019

    Is currency should be backed by something tangible, well how do you exactly know that even gold will be valued gold may be gold may not valued too, maybe the barter system in technology is the only real value thing

  • Ritesh Mahajan

    March 24, 2019

    Sir please all episode in tranlate in hindi

  • Hotmanden

    April 3, 2019

    Thank you Mike! You're making millions of people aware of this scam we live in today. I will be forever grateful for what you've done. I'm now ready for whats coming all because of the information you gave me. Again thank you Mike!!!

  • Rod Man

    April 3, 2019

    They are not spreading the wealth.

  • Scott Johnson

    April 6, 2019

    If we get a dictator, it will be a progressive socialist who will take us full communist like Chavez. Obama laied the seeds.

  • Julian Diaz

    April 10, 2019

    According to Gresham's law "bad money drives out good money", so it's only natural that people will spend the bad money and store the good one, that's why the nonsense of "buying coffee with BTC" is not likely to happen. People in western countries with stable currencies don't get Bitcoin, it is not a payment system… It's a way to escape our shitty currencies and our abusive governments…

  • spytrdr

    April 13, 2019

    Dear Mike, it's the real and invisible (to the general public) dictators that you should fear… The hidden hands you so aptly describe in your video "The Federal Reserve. Biggest scam in the history of manking"…

  • Morrison Teague

    April 16, 2019

    You forgot tell the audience that Capitalism is the reason why we are in our present situation.  These greedy bankers and the US Government have created the greatest scam of all, the Federal Reserves.   Capitalism allows these bankers to take from Peter to pay Paul.   This Ponzi scheme will eventually end badly for most Americans.

  • Kyle

    May 5, 2019

    What the west did to Germany was reprehensible yet they are portrayed as this great evil. The globalist elites led by Rothschilds and Rockefeller controlled the narrative and wrote the history books.

  • Bella Lugosi

    May 7, 2019

    Thank you for telling it as it was (and still is!) and for not demonising the German people!!! Love from Germany. 🙂


    May 14, 2019

    As another mentioned below indeed we are so used to work with paper currencies that we are taught to think that this is actually money, this is wjat we should thrive for. So to many, talks about decentralization and investing in gold or silver sound like an effort to escape the system, to be an outlaw. But actually this series shows how governments wants us to feel and think that way, and we should all educate ourselves and invest in our own future!

  • Micheline Burgett

    May 15, 2019

    Money is evil even I like it. People kill someone because they have money to buy guns. We gets Countries have many wars because some Powerful rich Countries do that to go to steal their Oil , Gold , etc… Money is Evil but money can be bless , too when someone isnt selfish , cares about humanities . That is good money .

  • Micheline Burgett

    May 15, 2019

    Why can't Government just print money for every American to buy house , a car , or Airplanes or boats without worry about being poor . We don't need to be poor or owe anybody ,they can just print enough money , so each Americans can become Millionaire or Billionaires . Why do we have that Debt . I study Macro Economics 201 but really , I don't owe anybody money in the World , the World owes me money .

  • Micheline Burgett

    May 15, 2019

    If I had that Machine for Printing money , I will print money for each human in the World. I just need papers .

  • Micheline Burgett

    May 15, 2019

    I think these rich people have the Machines for Printing money by Midnight when we are sleeping . I am 54 years old , I have been trying everything to get rich , I am still living in Government house when I call my self that I am Economist and I understand Finance !!!??? Hahaha ! No , Policy Makers watch any cent I , invested , tough to be black in America , Certainly Virginia , but I won't give up , that is why I went to school for Business Accounting Major and read a lot of Finance books . I will make it , some in where , in some what . Thank Michael Maloney . God bless , Sir .

  • Max Towers

    May 15, 2019


  • Mike G

    May 16, 2019

    can someone hep? im looking for his video where he explains currency creation from the debt banking system…its kind of cartoonish and shows the debt stacking really tall over time…


    May 21, 2019

    Bitcoin is a question of confidence

  • Fábio Michel dos Santos

    May 27, 2019

    The prophecy of Revelation 13:16-17 will be fulfilled. The Bible does not err.

  • donavon

    June 13, 2019

    Lucky what saving the USA is because our dollar is the petrodollar

  • 525 People Waiting For A Video!!!

    June 13, 2019

    Over 1 million inmates use trade everyday

  • 525 People Waiting For A Video!!!

    June 13, 2019

    8euros will buy you 1/4million euros

  • wilyoustay

    June 22, 2019

    Mike what is your thought in bitcoin?

  • Shafiqe Akhtar

    June 29, 2019

    Great video and informative.. I never seen…thank you

  • Pat Rick

    July 5, 2019

    The best explainer online on this topic

  • sipho mthiyane

    July 8, 2019

    It reminds me of Zimbabwe's 1 trillion dollar note

  • MGTOW Gopnik

    July 8, 2019

    Still a great video, one of my favourites

    All still relevant today, more so to be honest.

  • Odd World

    July 11, 2019

    it is not the intire world that decides to use gold or silver but merely a small group of ppl ,who seem to gain the most of it

  • yshk viswanatham

    July 14, 2019

    Gold and silver when i will come to usA then you may provide it then response sheet if you provide then no problem if no letter it should be keep and hide at flight centers . Now i request it is cash account for gold silver hide at you when comes then released to me it will be reach it.

  • yshk viswanatham

    July 14, 2019

    I have so many oppertunities created i say any how first i will be honour by aUSA then after do other things in positively going .

  • Eddie Gonzalez

    July 22, 2019

    It's so weird: Germany went through financial hell after the two wars, and still, there it is, at the head of the world economy. Then, is inflation So evil after all? I think greed is worse: Deutsche Bank!

  • Fabrice Manzo

    July 22, 2019

    Bitcoin brought me to this place! ⚡

  • Jeet

    July 24, 2019

    What he has found would have been impossible to know in many peoples' lifetime. I wonder who is the person who talked about the fractional reserve system and creating money out of thin air FOR THE FIRST TIME.

  • h k

    July 26, 2019

    Thank you so much!! Should an excellent series. Your talent explaining topics of finance, currency, trade, etc…is wonderful.

  • Graham Burbage

    July 27, 2019

    Where are we now 5 years on

  • Ujjwal Anand

    July 30, 2019

    I have actually thought that US might become a dictatorship

  • Manny A

    July 31, 2019

    So gold and silver will save us during economic crisis?

  • AdventuresWithDwayne

    August 1, 2019

    quick…chop the money into smaller pieces and use it to buy things!

  • Islamic video Collections

    August 4, 2019

    I love this information. It's happen again because nobody bother to know about money! Knowledge about money is very important.

  • Llanero Solitario

    August 8, 2019

    This is the traditional explanation of how money and currency should work, but is wrong. He advocates a currency that is backed by something be it gold, silver or any other means of value. The point is that gold for example is believed to store value, but tell me how. Perhaps if you put it to use such as in jewelry or artifacts but not sitting in a bank's vault. In that case any other useless 'thing' would do. There is no problem printing and creating money as needed to make an economy run. The main purpose is to satisfy ALL people's needs. Both money and currency are just the vehicle, the means to fulfill society's goals.

  • Dylan Crosby

    August 10, 2019

    More people need to wake up to this.

  • mutsa ushewokunze

    August 12, 2019

    Should look at Zimbabwe for a recent example of hyper-inflation makes Weimar looks like a walk in the park.

  • Abdellah Berhil

    August 12, 2019

    Hi mike!
    I am currently in Dubai. The price rate of gold is less than in your website,. Which one you suggest to buy from and when is the best time to buy ? Gold or silver ?

    Thanks in advance

  • Milko Ansah-Johnson

    August 15, 2019

    China has proven you & other capitalists wrong by raising the living standards of the poor, as opposed to your view that collectivism drags down the rich. Capitalism has failed demonstrably but some of you remain optimistic although the fundamentals show it is unsustainable.

  • Tony Blair

    August 16, 2019

    How people can accept this is the big Phenomena
    Are people on drugs with stupidity

  • laxmi s

    August 19, 2019

    Must watch

  • solomon sesay

    August 25, 2019


  • Regular Fambam

    August 25, 2019

    Love how you just laugh throughout the museum. The stupidity on the history of currency is overwhelmingly hilarious

  • shockabra dakind

    August 25, 2019

    It's all by design!

  • chameleonquest

    August 29, 2019

    I love when he laughs. It's like he can't even describe it all with a straight face. lol

  • Henry B

    August 31, 2019

    Good videos in general. However, simply branding all alternative systems as "collectivism" and "bad" is not helpful to bring about change. One thing you seem to avoid in all these videos is the sheer brutal level of deceit and manipulation in power of the system that we are under, yes capitalism! So how can you change this? By making the market more free? How do you really think we got to this level of disparity of wealth and power? You acknowledge (subtly) that power abuse lies behind this problem, yet fail to see that when markets were arguably more free, the violence, control and manipulation of that "most successful" band of vagabonds then became the ruling elite and were behind the evolvement of the idea of government and law to protect their power not to limit it. Now you miss this point and make a case that we should have a more free market? To that same end? How will you ensure the same disparity does not ensue?
    You also should consider (as Paulo Freire pointed out) that no revolution that the world has seen has ever been a Marxist revolution as the people were not behind the uprisings, it was another aspect of the Bourgeoisie that took power.
    Notwithstanding that the western social elites/ banking powers arguably funded these so called Marxist revolutions for nefarious purposes (moving into more complex territory here but the paper trail does reveal this as it does for funding the Nazi's in the second world war), which raises questions of a global social experiment or to create a cohesive international enemy to foment and maintain power in the Capitalist countries (the same could be argued for the so called communist countries). You argue that there is less prosperity in these systems. but what you can only mean is that there might be a few more tiers of rich feeding off the energies of the poor in a capitalist system and thus more choice for a few more people.
    Marx envisaged a far more democratic and fair system evolving from the initial "revolution of the downtrodden" to a more free and balanced and creative society and thus his ideas have not all all been explored fully and thus he his dismissed unfairly in his idea of a better way for people to live together.
    My living in a free capitalist society has never felt good for me, the relatively comfortable times were marred with the stresses of being a target for thieves (as we all should know crime is rife in our economy and as relative poverty increases crime rises in proportion). My less comfortable times (politically caused in the main) revealing that the so called choices available to me are no more than pipe dreams being waved in front of my nose irritatingly!
    In the end both systems that we now experience are dysfunctional and a new way of living together must be created based on true forms of equality.

  • SoCal Surfer

    September 7, 2019

    1:37 XD I like how the cow shakes his head in disagreement with the exchange like I'm not worth a fish dammit

  • Bruno Adduci

    September 16, 2019

    Amazing Mike Maloney!
    Can't resist to visit the Museum and play with "Stability Machine"

  • Say Say's Kitchen

    September 16, 2019

    so even the museum has it wrong, it says money but means currency?

  • gunj sube

    September 19, 2019

    I am from Nepal 🙂 You have reached every corners….Hats Off to your wonderful work 🙂

  • Andy Chu

    September 27, 2019

    “… but the real thing we have to worry about is not the lost of wealth, but the rise of a dictator.” 16:42 well, that’s just prophetic!

  • Going Free

    September 28, 2019

    @GoldSilver (w/ Mike Maloney) Scape Goat? He turns the people against the globalist bankers who stabbed them in the back. Mike, you know which group currently runs the international finical system.

  • Sul Bar

    October 2, 2019

    Hi Mike Maloney, First of all thanks for explaining the corruption system, everything makes sense, but as you said the central banks are not stupid its the government that are stupid, central bank wanted this system to be built and the mission for them is to cause corruption and to destroy humanity and take the control over all the countries and governments. I wish you could understand the system of Dajjal and what Quran says about the interest than you could see the bigger picture…. .

  • Allen Brewington

    October 3, 2019

    Excellent series. It is very sad that some politicians know all of this and do nothing to stop it and other politicians actually do not know about this. The older I get the more fascinated I am with history because it truly does repeat itself in all aspects of life. Learn from the past and don't suffer avoidable mistakes.

  • BluePanther3000

    October 6, 2019

    16:00 You should understand the truth for Hitler's rise to power:

  • Tim Smith

    October 10, 2019

    They call currency money as a method of propaganda. To confuse people on purpose

  • Lost In Saigon

    October 14, 2019

    Woah…..should I laugh or cry?!

  • Alexander Aquino

    October 20, 2019


  • Bullion Bully B-Clay

    October 20, 2019

    Central banks are brilliant we are the ones who are dumb for letting them con us. Bankers do it purposely to collect all the money at the end of the game. We are close to the end of the game.

  • dcbee z

    October 22, 2019

    Dollar Notes are just another form of a "Bond" transaction.

  • Rhoda Mtupa

    October 23, 2019

    The Federals knows what they are doing brother, you cannot lough at them.
    In fact they are not willing to bring the country into stable condition as we all may think.

  • Clint Richardson

    October 23, 2019

    For every new country they get to use the US Dollar extends the life of this system. This system makes the people of the nation the enemy.

  • Abhinav Gautam

    October 23, 2019

    Amazing.. Thank you, so much for this.. Onto Episode 6!!

  • Tyler1989

    October 25, 2019

    Can’t believe it’s been almost 6 years since these videos were posted! I was in my mid 20’s when I first found these videos. Changed my life for the better! Thanks Mike

  • DjAli gon

    October 30, 2019

    You can use Salt, Sugar, Dates, Barley , Rice as money if their is shortage of gold and silver.

  • Francisco Gonzalez

    October 30, 2019

    Thanks Mike, I've been in your camp for some years now, and you've made so much of it easier to discern.Timing an economic collapse is nearly as difficult as timing an earthquake… But at least with earthquakes, everyone knows the big one is coming…

  • Tawhîd Allâh - Ahlusunna59

    November 1, 2019

    French language please

  • Tavoi Aiono

    November 4, 2019

    Look, if money is involved. There is absolutely NO TRUSTING MAN!!! We must do away with the monetary system all together.

  • Jesse Smith-Garcia

    November 8, 2019

    I like the animation in these videos, really nice quality!

  • Merle Anderson

    November 9, 2019

    Inflate inflate inflate inflate inflate it away baby it's way too f**** late bastards inflated it away!

  • DJ Wadholm

    November 20, 2019

    OK – here is my take away: Gold/Silver performs better than currency over a medium to long term period of time however, neither of these are investments. Gold and Silver do not provide a good return on investment over the long term but act as a hedge against inflation. Your return on equity investments in businesses, real estate or other cash flow producing assets will outperform inflation but keep some of your dry powder (cash reserves) in money as opposed to currency.

  • Justin Russell

    November 24, 2019

    I thought he said “gooder”….I was thinking “what the….”

  • Justin Russell

    November 24, 2019

    This does go to show that paying more for fractional silver or gold isnt really necessary. Some of have said “what will you do, chop a coin in half? Yes, that is exactly what they did. In the long term that is not the best solution, but it is absolutely a reasonable short term answer.

    We will likely never go back to this gold and silver exchange for services and goods. The gold and silver that I personally stack will more than likely be used to exchange over to whatever new currency is implemented after the dollar collapses

  • Justin Russell

    November 24, 2019

    In the event of massive economic collapse in the US, the government will likely seize any gold or silver that we have stacked anyway. Its sad, but true. They dont have to go house to house, they just have to seize control of goods and services and you will not be able to “hide” your gold and silver and use it to purchase such things without them knowing that you have it. If you have your own food, water etc….it still wont matter because your gold or silver will have essentially been crippled for any beneficial use.


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