Beautiful presentation, thank you very much Ray. I think it might have had a little more depth on productivity growth and the Symmetry between supply-side and demand side efficiency growth. Especially with regards to the deleveraging phase. Looking forward to your next book!
the financial system is horrible,created by secret societies to rule the world by making everyone poor.
the fact that is not mentioned in the video is that regular banks prints most of the new money and have an unfair advantage to regular people lending money that lend only the money they have.
1. All Governments print money, issue debt, & tax. Every product & service is FREE 24/7/365. 2. Business print share, issue debt, some make profit. 3. People rent or borrow for a home, car. That's how the Economy & (Money system) work! doh!
At first I thought “oh no, another nameless voice-over video that’s going to try to get me to buy gold by scaring me about the evil Fed and government debt.” But this video is basically right. The problem is that few academic economists understand it and no politicians do.
Forex Trendy – Best Trend Scanner How to find out which pair and time frame is best to trade?
"Which Forex pair and time frame is best to trade" is the frequently asked question and I want do give you the DEFINITE ANSWER in this email.
Are you expecting that I am going to say something like EUR/USD on 5-minute time frame or GBP/USD on daily…? No, it is not so simple, but SIMPLE ENOUGH we can figure it out!
The "PROBLEM" is that markets change over time. If GBP/USD was a well trending currency pair a few years ago, today it is another one.
I actually want to let you know about a SPECIAL TOOL that I use to find the BEST TRENDING PAIRS among all the Forex pairs.
The software scans 34 Forex pairs on all time frames from minute to monthly. This way you pick the best trending pair and time frame at the current time.
The system is running on our powerful computers, so you have nothing to download and install. Just join in and start using it within a FEW MINUTES! Get it on the link below:
Why is government is split up into 'central government and 'central bank'? The central bank is a private for profit organisation. Not owned by the government at all.
It's a simple explanation and leaves out one of the biggest factors in the economy: psychology. If the economy were that simple economists would be better able to predict what will happen next.
Let me tell you when I will borrow money on such terms: NEVER!! We have a borrowing system here in my country that is based on partnership. If I borrow money to make a business, the lender shares in my profits. The lender however also shares on my loses. This system of credit means I have to repay no matter what happens to my business. The bank always win whereas in the other case, it is people friendly. There is more to it. This is how much of what I understand it.
Although the Central Bank is a private bank essentially and are in bed with the Government. The system can be manipulated.and printing money is basically 'fraud' at a state level.
Moral is, live well within you means and you should also invest in Gold.
He just described a ponzi scheme. There is only enough money to pay the original debt, not the interest.
The people with the most money do not return it into the system. More credit is given to make up for the money that has been taken out of the economy. Finally there is a person that cannot repay the debt, no problem his collateral is collected by the lender. The lender gets something of true value for the credit that they gave out of thin air.
Beautiful presentation, thank you very much Ray. I think it might have had a little more depth on productivity growth and the Symmetry between supply-side and demand side efficiency growth. Especially with regards to the deleveraging phase. Looking forward to your next book!
Really nice video.
the financial system is horrible,created by secret societies to rule the world by making everyone poor.
the fact that is not mentioned in the video is that regular banks prints most of the new money and
have an unfair advantage to regular people lending money that lend only the money they have.
3:14 Central Bank does not control ANYTHING.
Great video and animation dude!!
I love the illustrations, beautiful work done with great wisdom.
i love this video…….. very informative!!!!!!!!!!!!!!
1. All Governments print money, issue debt, & tax. Every product & service is FREE 24/7/365. 2. Business print share, issue debt, some make profit. 3. People rent or borrow for a home, car. That's how the Economy & (Money system) work! doh!
At first I thought “oh no, another nameless voice-over video that’s going to try to get me to buy gold by scaring me about the evil Fed and government debt.” But this video is basically right. The problem is that few academic economists understand it and no politicians do.
This is brilliant.. THANKS!
Why haven't we found better system/model. We have all these great mathematicians and economists.
the perfect solution would be if you can't afford to have something with your own money then don't get it with credit !!
Amazing video…
The US central bank cannot print money, only the treasury department can do that. Stop lying to people
Went to downvote this for lack of understanding of our monetary system.. realized I've already watched this and had already downvoted haha.
Islamic financial system is the best which has no interest. The only religion in the world which considers interest as a grave sin
Forex Trendy – Best Trend Scanner
How to find out which pair and time frame is best to trade?
"Which Forex pair and time frame is best to trade" is the frequently asked question and I want do give you the DEFINITE ANSWER in this email.
Are you expecting that I am going to say something like EUR/USD on 5-minute time frame or GBP/USD on daily…? No, it is not so simple, but SIMPLE ENOUGH we can figure it out!
The "PROBLEM" is that markets change over time. If GBP/USD was a well trending currency pair a few years ago, today it is another one.
I actually want to let you know about a SPECIAL TOOL that I use to find the BEST TRENDING PAIRS among all the Forex pairs.
==> https://youtu.be/EBiJuboP_mQ
The software scans 34 Forex pairs on all time frames from minute to monthly. This way you pick the best trending pair and time frame at the current time.
The system is running on our powerful computers, so you have nothing to download and install. Just join in and start using it within a FEW MINUTES! Get it on the link below:
==>https://youtu.be/EBiJuboP_mQ
Why is government is split up into 'central government and 'central bank'? The central bank is a private for profit organisation. Not owned by the government at all.
Beautifully explained. Thanks
It's a simple explanation and leaves out one of the biggest factors in the economy: psychology. If the economy were that simple economists would be better able to predict what will happen next.
Let me tell you when I will borrow money on such terms: NEVER!!
We have a borrowing system here in my country that is based on partnership. If I borrow money to make a business, the lender shares in my profits. The lender however also shares on my loses.
This system of credit means I have to repay no matter what happens to my business. The bank always win whereas in the other case, it is people friendly. There is more to it. This is how much of what I understand it.
Great animation, they should show this in schools
Although the Central Bank is a private bank essentially and are in bed with the Government. The system can be manipulated.and printing money is basically 'fraud' at a state level.
Moral is, live well within you means and you should also invest in Gold.
Credit is not created out of thin air. The fact that banks do not have to detain large amount of money in order to give credit is outrageous!
The animation on this video is amazing :O
This is explained from a rich persons perspective
If every single person in this planet gave out 1% of what they earned to charity/needy there won't ever be any economic problems
Beautiful and informative presentation
He just described a ponzi scheme. There is only enough money to pay the original debt, not the interest.
The people with the most money do not return it into the system. More credit is given to make up for the money that has been taken out of the economy. Finally there is a person that cannot repay the debt, no problem his collateral is collected by the lender. The lender gets something of true value for the credit that they gave out of thin air.
excellent presenatation
An amazing video, I learned so much. Thank you.