The History of Paper Money - Lies - Extra History

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Information The History of Paper Money - Lies - Extra History

Title	:	The History of Paper Money - Lies - Extra History
Lasting	:	30.23
Date of publication	:
Views	:	371 rb

Haha 15
Comment from : Brian Henrichs

Well! These thoughts on inflation were correct, albeit either prophetic or aged badly
Comment from : Jayden Liberty

17:13 IF the FED is a lender of last resortbrHOW is it possible that the FED makes a profit?brbrI'll waitbrbr22:00 FIAT money because we all agreebrNope FIAT money is imposed by threat of imprisionmentbrIt is not a matter or "agreeing" it is a matter of violent coercionbrbr22:35brThe US agreed to protect the house of Saad militarilyas long as they sold oil in dollarsbrIs not that there is a "petro-dolar" , It was a "military-dollar"brThe US guarded the shipping lanes (Ormuz) for the crude tankers for decades And provided military umbrella to the Saudis Some dude called Saddam tried to call this as a bluff remember how that played out?brbrThe Saudis had to pay for all safety IN DOLLARS and the only way they could get dollars was by selling oil in dollarsbrThe dollar is backed in the world stage by carriers, bombers and missiles Just as the dollar is backed by guns and treasury agents inside the US FIAT money has no backing other than coercion and violence
Comment from : ricardo kowalski

I was wondering if this topic could be addressed: what controls inflation (the scourge of Millennials) if not gold?
Comment from : Jessica Bresler

As I've said before, the modern Great Leader People are either running charities, and now channels like this too
Comment from : Т1000 Youtube

Bartered my brownie for a lunchables back in the late 80s
Comment from : Derek Y

One would be most appreciative if existed 60 of these episodes There is a feeling of six simply not being enough to quench the thirst
Comment from : Prince Nameless

Can anyone tell me why fractional reserve banking does not result in the kind of hyperinflation you see, when countries start printing money to pay their national debt? How does fractional reserve banking inot/i cause the same devaluation feedback loop?
Comment from : David Schaftenaar

Anyone know if John Law is the origin of "Johnny Law"?
Comment from : Raven Metheney

well the money in China is now yuan
Comment from : Kyojuro Regoku

23:10 that’s why America kill Gaddafi and Saddam Hussein
Comment from : Avus -kW2f

One thing I don't get: in an economic system running on fiat currency, is there any meaning to banks being fractional reserve vs full reserve? That student from your example can get his loan, and by taking on the debt will be expanding the total amount of "money" by the sum of his debt So?
Comment from : Edna

"The sweet embrace of unconsciousness"brHonestly, I love that line
Comment from : jestermon101

Here in 2021 to report that Iran and Venezuela allow other currencies than dollars to purchase their oil; The bottom hasn't dropped out of the dollar, so we're almost certainly a fiat currency
Comment from : Wesley Holland, Jr