The U.S. economy relies on ongoing credit and debt generation for sustenance. The Federal Reserve is expected to increase the money supply, leading to further debt accumulation for the average American. Meanwhile, foreign nations continue to desire the U.S. dollar, despite their own economies facing significant challenges, some even worse than that of the U.S. This situation raises concerns about who will ultimately bear the consequences of these economic dynamics.

Major indexes booked their worst yearly performance since 2008 thanks to drivers like the recession, war, hiked interest rate and inflation which so far doesn’t seem to be easing off, so I’m left wondering what 2023 has in store for us investors, I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy or do I wait?

Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.

How is this documentary not blocked? You are spitting facts and yet you are still alive. I love this channel. Big up guys.

The root cause of all the problems we have now is what happened on December 23th 1913. Minimalism started as some "cult"-like behavior but it is actually a very smart thing to do. Stay out of debt as much as you can. 2008 was never resolved and what's waiting for us ain't pretty.

Finally this documentary has answer my question. My wife and I are both nurses working 45hours weekly yet standard of living is poor.

how are there not thousands of films screaming this from the roof!!!!!

Finally a lecture in economy that is not presented in jibberish.

The best message here is, find out what's going on for yourself and empower yourself. Not just in finance, but in education, healthcare and international systems. Don't trust corrupt governments. They don't serve our interests. It's a big club and we're not in it !

On August 15, 1971 I was 8 days from age 17. I had $1,000 in the bank , saved since I was born . I worked as a paper boy at age 13, and had a few jobs as well as a landscaping business where my friends and I mowed 50 lawns every two weeks , did gutters and snow in fall and winter . The $1,000 I had in the bank would have bought exactly 28.5 Troy ounces of pure gold , worth $57,000 today at $2,000/ an ounce . That explains it all .

Printing money doesn't help ordinary people, it just increases the price of everything and reduces the buying power of your money.

This should be MANDATORY to watch this video for American students in ALL school

The number of children that an average family can afford, plan to bear, and really have, should be used as an important national index of economic situation.

And then the government / IRS has the audacity to tell me I'm fucking wrong.

Creating funds via loans is as good as it gets, Al Capone would have loved this gig

Money is never worthless, currency is worthless.

Our money is not worthless, but it is worth less.

I've been working about 20 years now. My hours have gotten longer and my income has gone up three fold, my standard of living has dropped to less than what it was 15 years ago. We live *well* within our budget with everything thankfully paid off, never take vacations, buy store brand food and repair everything ourselves. But it's getting worse. I don't want all the hard work I've done through my life to be taken away due to a select few bankers in the FED.

12 years later, still kicking the can down the road 😔

There are a lot of people out here blaming capitalism for many of the worlds woes but I truly believe that it was the removal of the gold standard that broke this system. Without gold they took a system that only could achieve relatively slow growth yet stable growth to one that was unlimited and fast. They back up money with money and if that money isn't worth anything except our collective acceptance of it's value, it's bogus. They basically took something tangable and made it make belief because, now they could make up and back any decision they wanted to make. They made a real thing in to something mythical and made it almost to a religion, church of the dollar. Who are they? Bankers and politicians - remember, they are the true enemy.

4:00 The U.S. dollar was chosen as the world's reserve currency, but countries started asking for physical gold from U.S., so much so that Nixon called a halt to it 6:49 U.S. and Nixon stopped backing the U.S. dollar with gold in 1971 7:55 Without gold backing, we have fiat currency 9:19 Some countries devalue their currency so that they can be more desirable trading partners 11:23 When the government needs money, the Federal reserve prints it. The government sells bonds to raise money from people, countries, and institutions, which it promises to pay back with interest, which forces Fed. Reserve to later print more money 13:49 Since 1971, U.S. has trade deficit, meaning we buy more from other countries than they buy from us 16:40 By printing more and more money, the value of dollar decreases (inflation) 18:00 After U.S. dollar stopped being backed by gold and inflation rose, wives had to get jobs too, then inflation rose again and people were unable to save, then inflation rose again and people are in debt to get by

Funny how Muammar Gaddafi tried to make a gold backed African Dinar to be Africas one currency but for some odd reason Gaddafi had to go.

'Suspend temporarily' 😂

Thank you so much for this. Years from the world will give thanks to you for opening it to a whole new area of financial stability.Thank you.

This needs to be shown to every highschool student in the country

This is the best documentary I have ever seen on this topic.

Watched this video 3 times already and I enjoy it every time

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

How this even came to be is just mind blowing

In the first 4 minutes and 45 seconds, all my suspicions from the past several years have become clearer than ever.

The real problem with debt is : those who make them can't be charged, they can go to infinity. While I, a student with student debt would go to jail if I simply ignored my debts.

Holy shit that means that the average human is doomed and we cant stop it

Absolutely the best documentary on this subject, very well put together and very easy to understand

Fascinating documentary that is well done with a simple explanation to what is now unfolding in our economy. I would estimate 90% of the population have "deer in the headlights" viewpoint and refuse to recognize what we are now facing.

Financial Education yang Sangat2 Bermanfaat. Saya sangat Berharap Banyak Orang Indonesia🇲🇨 yang menonton ini.

This is one of the best things I have ever watched on the internet. Thank for creating this masterpiece!

Fifty trillion dollars in debt and rising .... The dollar has been worthless for over twenty years ....

I remember when Cokes were a nickel. You could eat lunch for fifty cents or less. Those were the days, the 1950s.

This is going to be The Greatest Weslth Transfer in human history

We all know it will happen, but nobody knows when ... that's the blessing!

The US lost its superpower status in 1971 when President Nixon temporarily suspended the convertibility of the U.S. dollar to gold, effectively ending the Bretton Woods system. The US is no longer able to keep its commitment to exchange gold and the US dollar at a fixed rate of $35 per ounce. It was financially exhausted by spending on the Space program, the Great Society program, and the Vietnam War. A nation's power is based on its economic strength. The last time the US had a positive trade balance was in 1975, according to the U.S. Trade Balance report for 1970-2023. The US is now the world's largest debtor, reflected in its net international investment position (NIIP) of -$14.3 trillion, while China (including Hong Kong) is the world's largest creditor with a NIIP of $4.3 trillion. The last time the US had a positive NIIP was in 1988. A superpower does not borrow money from other countries to fund its military. The US national debt is more than $31 trillion, with 38% of it held by foreign entities. The US also has $38 trillion in unfunded Medicare liabilities and $17 trillion in unfunded Social Security liabilities. The US dollar is the dominant reserve currency, backed by its perceived strength, allowing the US to print unlimited dollars as long as the world maintains trust in it. The US dollar is the backbone of US power, and any actions that undermine confidence in the currency threaten to destabilize its position of dominance. Each unilateral sanction imposed by the US risk damaging the stability and credibility of the US dollar, leading to dire consequences for the nation's power and influence. The US is the only country actively undermining the strength of the US dollar. The freezing of Russia's $300 billion currency reserve by Western governments may lead countries to reconsider investing their funds in US Treasury bonds and finding ways to reduce their use of the US dollar. A significant portion of US dollars is held outside the US, estimated at 60-70% of all US dollars in circulation, due to its status as the dominant reserve currency and wide use in international trade and finance. The one trillion dollar trade deficit of the US is a consequence of being the reserve currency, as a strong dollar makes it difficult for US businesses to export goods and services while simultaneously making it easier for other countries to sell to the US. Countries are expending resources and labor making goods and shipping them to the US in exchange for green pieces of paper. The US is sending back mostly empty containers. The US budget deficit is $1.38 trillion in 2022 which must be paid for by selling more Treasury bonds. The interest on this debt is greater than the military budget. To pay the interest on its debt, the government sells more Treasury bonds, leading to a cycle of increasing debt. The US printing of dollars has been exporting inflation in other countries for decades, but will eventually increase US inflation. Raising interest rates to fight inflation decreases consumer and business spending, increases the trade deficit, and higher interest payments on government debt. Other countries will respond to the US raising of interest rate by raising their interest rate, risking global recession. The Plaza Accord addressed this issue in the past, but it will be challenging to implement such measures now. A well-run country collects taxes to fund essential services and infrastructure. In the US political system, wealthy corporations and individuals can lobby for tax breaks. The shortfall in funding for the US government has reached $31 trillion. Instead of collecting taxes from wealthy corporations and individuals, the government pays interest to them. Banks hold Treasury bonds for their safety, liquidity, regulatory compliance, and potential profitability. When interest rates on Treasury bonds rise sharply, the decrease in bond values reduces liquidity and makes it harder for banks to raise cash quickly. This causes depositors to lose confidence, triggering a bank run. In response to the current bank run, the government is issuing Treasury bonds to raise funds to compensate depositors for any lost funds. There are $19 trillion in deposits in US banks. The estimated unrealized loss on US banks' financial assets is $1.94 trillion, while the total size of their equity is $2.1 trillion. SVB had taken a $15 billion loss, while their capital is $16 billion. Around 2,315 of the 4,800 banks are currently sitting on assets worth less than their liabilities. It's a systemic issue. A similar issue is being played out with risker Mortgage-Backed Securities (MBS) valued at $12 trillion. The new Bank Term Funding Program (BTFP) help prevents discounted bondholders from taking losses when they have to sell them urgently. The BTFP accepts discounted bonds at face value to be used as pledges for loans to inject more money into the economy. Risking more inflation. It's a Ponzi scheme. Ponzi scheme cannot taper. We reached the can and there is no more road.

How the hell did they get away with this? The world sure has been sleeping

I don't know when this was made but....... I've been hard at work trying to educate everyone I know, on this very SUBJECT. And most are totally shocked to understand what's actually going on with the dollar!!!!!

Who's here cuz of ZEDUCATION?

This shit is fucking terrifying

UNSUSTAINABLE!! But just like an addict does not choose to get clean until they hit the rock bottom, our addiction to our fiat system will be no different. There will have to be a catastrophic economic event before we go back to the reality of a precious metal-based monetary system. We older folks are just hoping we can make it to the end of our life (retirement) before the collapse.

I've been trying to educate people as to the difference between money and currency. Not an easy task. A few weeks ago, visiting my lady friend, a artist friend of hers, found out I like silver. She ask if I would look at some silver ( she didn't know what she had ) and what it might be worth. Looking in the bag I liked to stain myself. Morgan and Peace dollars and Liberty halves. At the time, silver was around $30.00. She was hoping to get $300.00 out of it. It was worth just north of $1000.00. Needless to say, she was very happy as she needed $500 for an art shows entrance fee. I bought half of what she had. Now my point. ( Bout time ) My friend saw me counting out 5 $100.00 bills in exchange for a hand full of change. You could see it in her eyes. This is what her eyes said. " Are you crazy ?" Pure ignorance on her part. Didn't have a clue. Unfortunately, that's where the vast majority of the population is. They need to see this 10 times. Also Mike Maloneys " Hidden Secrets of Money " series should be taught in every HS in the nation.

With gold you could’ve bought the same value of goods 200 years ago, with fiat you buy less and with Bitcoin you will buy even more!

Finding something to strive for and fight for, regardless of the circumstances, is crucial. Once you set the right goal, decision-making becomes easy and enjoyable. I'm also grateful for starting investments in my early 30s, moving from an average lifestyle to earning over 34k monthly. Diversifying my portfolio with savings accounts, stocks, bonds, and high-yield dividend funds has been key. Having a financial advisor like Samuel Peter Descovich has been invaluable. Working with a professional can help prepare for financial struggles. Don't let fear hold you back from realizing your dreams!

the problem is also that you can't trust anyone when it comes about money.. and those guys sell gold. That's the world we live in

Greatly appreciate the work involved in the making of this documentary. Well done and very enlightening!

I’m 30 years old and I know in my life time I’m going to see this scam fall apart. I’m definitely putting my money in gold and silver but also tools and guns and ammunition. And other valuable items Great video

The last key phrase says it all "Get out of currency, buy money"

manusia terjebak derita dalam sistem yang ia bangun sendiri.mari kembali ke gua.ketika hidup masih sangat sederhana.....derita itu nyata oleh hasratnya yang tak terbendung,semoga semua tetap selamat,damai bagi seluruh kehidupan.

This was an incredible piece!! Thanks for the hard work that went into this documentary!

Glad I saw this before it is taken down.

Start using alternate money for your local transactions (this helps you and small businesses that are on board). Goldbacks, silver rounds, even things like local "honey money" will help preserve your weath and keep things going. Fight for your freedom, refuse CBDC!!!

Getting a head start by beginning to invest early is the most effective way to build wealth, with investment taking precedence. I've learned from last year's experience that starting early allowed me to create a better life through early investments this time around.

This was an eye opening documentary Thanks. Love ❤ From India

"Debauchery has breakfast with wealth, has lunch with poverty, has dinner with poverty and goes to bed with shame." - Benjamin Franklin ($100)

You can also use money to build a house, buy land, build a farm, build a way to store and clean fresh water. These are all good ways to convert the crap dollar into actual wealth

I just don't believe many people even understand this world we now live in today. And it's because they've not paid any attention to anything that we've all been watching for the last 25 years. We see so many debates over so many of these various geopolitical issues today, but we still don’t see anybody asking what this is all really about? Or even asking why this is all happening? Today, it seems that nobody wants to know, let alone try to work it out, (to then understand it). Only, when we just look at everything we’ve all seen over at least these last 25 years? Surely we all must understand at least a part of it? Only it seems it's the truth, that nobody wants to hear, and that's understandable, yet they'll also deny anything that can explain all of this, and deny it, without being able to offer up anything themselves, as I'll explain. When really looking at the big picture and the cause for this, could it actually be, that all we've been watching over these last 25 years, is the US carrying out a plan they’ve put in place, knowing their economy had to collapse? Could it be, the US has known for many years now, that the only way they can avoid complete collapse, would be to force in a "single world currency"? No, why not? The US has known for many years now, their economy had to collapse, (and I believe, they’ve actually planned for it). And everything else points to it. The effect of them doing so, would see the US, overnight, become completely debt free, this explains their endless massive military overspending, it also explains China being allowed to hold so much US debt with so many US government bonds - (US debt of about $1.4 trillion). And it would see the US achieve full global financial & military control, (a very nice achievement, some fools might argue). It would become American Tyranny, (in other words), and that's no different from Nazi tyranny. How Ironic! The US dollar is the world’s reserve currency, and is/was used by many countries to sell/purchase their oil/gas/energy etc, meaning billions of dollars are kept by those countries for their energy purchasing. What that allowed the USA to do, was to print billions of US currency, without ever-showing the real rate of inflation that would always arise from such massive currency printing, but because so much US currency sits in bank vaults all over the world those dollars would/should never find their way into the actual US economy, (meaning the USA could hold their rate of inflation well below the rate It always should have been). The problem today, is, that many countries are now buying and selling their energy in other currencies, and they'll all need to dump/exchange all those dollars they’ve held for so many years, with the currency they’re going to use. When those dollars filter into the main US economy, the inflation will explode (as It can’t be hidden any more). Without a single world currency, it will see hyperinflation, with the price of a loaf of bread, (for example), skyrocketing to well over $10, Collapsing the US as we’ve never seen before, the US will be left in enormous debt for hundreds of years to come, yet with no way of creating any more debt. It will all be over. And that will see a break-up of the Union, and a complete separation of the states, much like we saw with the collapse of the USSR. This is why we’re seeing this attempt to drag Russia and China into a war, as I'll explain. The US can't force in a single world currency, with both Russia and China's nuclear threats saying get lost, so, to avoid complete collapse, sees the USA, today, needing to remove those nuclear threats, (to then force in a single world currency), or it's soon going to be, all over, and the USA will collapse just like the USSR. They nearly had it done with the collapse of the USSR, (what an unexpected bonus that was), it meant they could do it, without war! Only they messed that right up because they took their eye off one man, - Putin. After the collapse of the USSR, the CIA were bribing Yeltsin throughout the 1990s, they created pro USA oligarchs, by selling off Russian resources in illegally set up and corrupt CIA led auctions, they took it so far many Russians were starving to death, and it ended with the US really believing that Russia couldn’t ever become a threat to them again. They kept Russia in a state of pandemonium through Yeltsin’s reign, believing they had sealed Russia’s fate to the toilet. When Putin came to power, the US could not work him out, but when they invaded Iraq, and Putin, (craftily as it bought him time), did not veto them, they believed they still had Russia under their control, and Putin was just a pushover like Yeltsin. - History will come to see Putin’s tactic of not vetoing the Iraq invasion, as a brilliant geopolitical move, and as “world changing”, as he completely fooled the US not to bother looking at Russia as any sort of potential threat, (and that really damaged their plans). As while the US were invading countries around the world, (with no one to stop them). Putin had quietly begun creating Russia an extremely effective military defence, and he'd upgraded all Russian weaponry to a level able to hold its own, if not beat, any nation on the planet. The US, blind to this, carried on, as they used NATO to murder Gaddafi, and as they kept Iraq destabilized, (by transferring hundreds of well known terrorist commanders, into Iraq from Guantánamo Bay), to help keep it in chaos over the next decade. They then set their sights on Syria, and were preparing for a ground invasion (as with Iraq), when out of the blue Putin vetoed that action, stopping them dead in their tracks.- The US then took a much closer look at Russia, when the US understood how they’d misread Putin, they then set out to demonize him throughout the entire world, but it still left the USA unable to use ground troops in Syria. In Ukraine, the US were at first all upbeat about Yanukovych winning the Presidency of Ukraine, because he’d shown an interest in joining the EU, and it was only when he saw the EU had added clauses he was unaware of, did he then refuse to sign to the EU, but instead, he asked Russia for a loan, and stated he was trying to work on a closer relationship with Russia, then all of this kicked off. And we're still seeing the results today. But it really is just another thing that does show Russia just how desperate the US is to force this all into a war. In Syria, the US decided to use proxy’s in the form of terrorists, they recruited, trained, armed, paid and then sent those terrorists into Syria, and they murdered people in the streets, they took over towns and cities across Syria with murder and butchery. It was all done long before we saw ISIS cross into Syria from Iraq. This is all about the USA’s attempt to force in a single world currency, and with NATO’s really treacherous and pathetic stance in all of this, it seems that if the US $ collapses then so does the Euro. Things have dramatically changed over these last 25 years, and they've changed to such an extent, that it sees us, today, becoming exactly what we fought the second world war to prevent. That’s the bottom line of what we’re all really facing. Putin knows all he needs is time, he knows he must avoid getting into a war with the USA, but never lay down to them, he knows that sooner rather than later it’s all got to start to collapse, so he’ll avoid war and let them crumble. After all, Russia had to start again, and they didn’t force it to war, (after getting an agreement that NATO would never encroach further towards Russia, they allowed it all to collapse). But the US know that’s what he’s doing, so we’ve seen them provoke and provoke Russia, they’ve non-stop encroached further and further towards Russia’s borders, using NATO’s ridiculous excuse of protecting the Baltic’s from Russian aggression. We’ve witnessed Putin, four times, seriously, and clearly warn them to stop this nonsense, and the US have purposely ignored him every time, because they don’t want compromise, they don’t want talks, and they don’t want peace, no, they must have war (to remove Russia’s nuclear threat), force in a single world currency, or they’re finished, and they will collapse. And collapse to the extent it will see a break-up of the Union and a separation of the States. This is what no one wants to admit. Yet, you only need to understand, that for all Western governments, and the mainstream media, to be following the same scripted lies? (unprecedented in history), we simply must know the reason is huge! It is! - After reading this, you can go back and look at everything that has happened leading up to now?, and you’ll now understand all of it. Things that made no sense at the time, and things you never really understood, now become very clear, and it becomes obvious exactly what the US are really doing, and you’ll now know WHY they're doing this. Only then?, well then, you’ll also realize the US will never stop, because they can’t, or they’re bankrupt to the point of complete collapse. This is what's facing us all, right now, as we speak. I mean, anyone, please do tell me I'm wrong? I'd love to be wrong! Only the problem you have now, is, you actually can't tell me I'm wrong, because this makes much more sense than anything you've ever heard coming from any of our criminal governments! But now, doesn't the whole picture become as clear as day?

So now we can't blame anyone but ourselves? That's just great. Thanks

Thank God for knowledge. This was very informative. It's well made and worth the watch. Thank you for sharing this with us.

This was made in 2012, I looked it up in IMDb. I really wish it was listed by the title, (not the posted date…)

when u realize that this documentary was done at least 10 years ago when national us debt was around 12 - 14 trillion. now it is 34+ T and the inflation and interest rates are a much higher... it is human nature to dismiss possibilities of the occurrence of certain events if they haven't happened somewhere in their lifetime...

I have learn so much form the presentation. Thank you so very much.

Work hard, balance life, live well. Stop focusing on jealous pursuits!

We haven't had real money for over 5 decades now.

Whoever thinks his money is worthless: Send it to me.

This is insane...

Good luck America, thanks for the music

36:15 Brilliant metaphor: "Everybody has tethered their ships to the Titanic of currencies, and so we're all going to go down."

Ths topic should be taught in every schools

That was an amazing commercial for gold!

I've tried to explain exactly this to all my friends and family between 2009-2012 but of course everybody back then called you "conssspiracy theorisst"

100 tumbs up for educational merits........should be taught in each school and shown repeatedly in every serious channel.

Constant buying of physical gold and silverI is the way to go, I live 30 minutes from Perth mint!

This documentary seems to be missing basic modern macroeconomics.

Explain to me what good would it be for me to go out and buy gold and silver? I can't pay my rent in gold bars, I can't take gold coins and pay for my gas and groceries with them. Everything I need to pay for I pay for in dollars. This seems like a commercial for dealers in gold and silver.

Oh applesauce! We can always just print more money 💰. 😶

you chenel dokumentery very very good. real no fake fake... respect broh

as long as the middle class existed and held the majority of the wealth which allows them to healthily consume, then the economy is good, it's getting bad now because a majority of the wealth is ever being concentrated in the hands of few......

Good advice. The only bad thing is the government keeps track of who owns precious metals to be able to confiscate in harsh times. Suggestion: buy in the black market.

BRICS making their own currency cannot have come at a better time.

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

Wonderful video. More people need to wake up and be aware of HOW the system is harming most everyday people. Most everyone can tell there's a problem, but the energy directed into solving it isn't focused to productive ends- instead, due to ignorance, it's dispersed into meaningless political and social disputes that are a fancy distraction from the truth

not having kids is the best decision i did in my life! i will soon be dead and nothing to worry when this explodes!

WOW I kinda had a clue but not at this level- thank-you!!

Money has always been worthless because money is imaginary.

Eleven years ago, when this was made, they had no idea that what comes after FIAT is Central Bank Digital Currencies. CBDC's are the gateway to a dystopian future with forms of Social Credit Score systems controlling what you can and can't do. My own Government Treasurer has said we will be fully compliant with CBDC's by 2028-30.

I would love to see a documentary outlining how exactly to spend or use gold bars if/when the economy fails. On a local level, I can’t imagine we could buy necessities with it.

The last 2 spoken sentences of this documentary, were the most significant and by far the most meaningful and powerful sentences in this video! They speak to a much greater meaning!! - ".....Find out what's going on for yourself, empower yourself!"

what a great documentary

Very depressing and realistic. Criminals never win, except in the USA.

[I read somewhere that] Ancient Rome began using pure gold coins as currency. At some point they added in base metal, more and more. By the time they were finished the gold content became so minuscule that the State refused to accept the coins as payment for taxes.

歴史は繰り返すなので　歴史から教訓を引き出せる　この度は逃げ道は２つある❤❤❤

We are awaiting this great day to come!

It's interesting that this documentary was first published in 2012... here we are 11 years later... I'm curious how many more decades this will go on for.

And people still killing for this worthless piece of paper