Money is Broken!! The Truth About Our Financial System!
ฝัง
- เผยแพร่เมื่อ 22 พ.ค. 2024
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📺 Essential Videos 📺
Financial System Is Rigged 👉 • The Financial System I...
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Lyn Alden Broken Money: www.amazon.com/Broken-Money-F...
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- TIMESTAMPS -
0:00 Intro
0:37 Broken Money
4:51 What Is Money?
9:29 Commodity Money
15:04 Banking System
19:05 Fractional Reserves
23:18 How To Get Ahead
27:02 Outro
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Crypto #Money #Bitcoin
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This is the education bankers don't allow
Broken Money is an excellent book. Lyn Alden’s interviews and talks are also amazing and I highly recommend all.
Once you learn about the fiat trick, fractional reserve banking, inflation…ur compelled to get out….
Underrated comment 👌🏼
Get out yes but - Where to go?
Simple - We must restore sound Constitutional money as the only escape from fiat currency and from the dreaded Orwellian CBDC.
Hypothecation
Gold@@Roylamx
Dude are you trying to win the Nobel prize, you got my vote
Lyn Alden deserves to share it with him imo
The Nobel peace prize has been tarnished so badly I’d call
It a insulting to get awarded one.
Lyn's book should be on every high school's 'must read' list.
The producing on these videos are just amazing! Thankyou for the effort the Coin Bureau team put into them
Wow, this video really opened my eyes to the flaws in our financial system! It's crazy to think about how much power banks and governments have over our money. We definitely need more transparency and accountability. Time for a change! 💰💡
I love this book. Almost through with it.
My mind was blown again and again as I read through
To my understanding at 21:36 it should say in 1933 and not: in the seventies. In 1971 US Dollar gold convertibility was "temporarily" suspended for foreign cental banks. Or in other words, after Bretton Woods in 1944 when US Dollar was voted world reserve currency, being as good as gold, and up until 1971, only foreign central banks could redeem it for gold. Most other currencies that were actually on a gold standard, abandoned their gold convertibility in the WWI aftermath.
In 1933 US citizens were ordered to sell their gold possessions at 20 dollars per troy ounce. Then gold price was raised to 35 per ounce, so devaluing the USD by over 40% in a matter of months.
So basically no currency anywhere in the world was anymore redeemable for gold by ordinary people well before WWII had begun.
In the middle of this book now... a must read!
Loved the office !
Banking systems will collapse
Yes I think so too. I think there’ll be an unstoppable domino effect by the end of this decade.
You are THE best. Thank you for your hard work
My copy just arrived a few days ago. I'm already 100 pages in. Lynn is amazing.
Broken Money is a fantastic book. Been trying to encourage others to read it but without much success. A bitesize summary like this is ideal, thanks Guy! ❤
No one will read it. Just save yourself the time. The only thing that will save us from this wicked system is its collapse. When it happens, you will have a small window to reinvent your reality. Don’t waste it.
Amazing video. Gold bless Lyn.
Awesome content and simple explanation. Thanks Guy & Team.
Double entry bookkeeping was invented by Croatian called Benedikt Kotruljevic. Pretty certain it doesn't qualify as "Italy". But (as many other innovations) it was probably quickly accepted, spread, possibly improved and very vocally branded as "Italian". As it is case today with many other smaller and bigger states.
Posts like this are exactly the reason I subscribed to this channel. I hope Guy and his crew can do another show in London this year.
Excellent presentation. Profound information made easy to understand. Your promotions are entertaining! Thanks
Quality Work. Thank you!
great book!
Thanks for everything coin bureau freaks!
Exactly!!! Currency is not Money 😊 Bitcoin is Money because it is fungible and it's issuance is capped at a Fixed Amount. It is backed by proof of work and the Network Effect 😊
Lol I love the deals page promotion. Hilarious.
Thanks for all the info I've been watching for over a year now I recommend you to everyone
That's great content … The way you describe is tremendous!
ha, the first twelve minutes of this video are an entirely accurate synopsis of why shitcoins don't work.
you mean like pepe, shiba , floki and the rest?
@@adiintel1 To me, anything that isn't Bitcoin is a shitcoin. They are all ponzi schemes just like normal fiat currency. Yes, there are certain use-cases for certain ones and yes, you can get rich off of them if you are near the top of the pyramid. But I don't play those games. Bitcoin is the closest thing to "real money" humankind has ever known.
@@adiintel1 Anything that isn't Bitcoin is a shitcoin.
This is one of the few crypto related channels on TH-cam that seems genuine and the one I trust! Great job!
thank you!
I love you Coin Bureau!
Lyn! Great to see the streams cross
Convinced Guy is nuts with his commercials, but love them..
This is brilliant, thanks a lot for this
Thanks - I can see that the book is on Audible
Love this! Thank you!
I appreciate you. Thanks 😃
great content brother
Shared. Great Video!!
Lead the way coin bureau!
Always great to watch your team work in action. You have taught me a lot in the field of finance and money system. Thanks so much for your input. I spread the word as Much as I can about our broken financial system.
Keep up, we are stronger together.
Brilliant explanation
Great vid once again👊🏼🇬🇧
Excellent, thanks team
I have not read the book, but the most important aspect of money was not mentioned....that is, that money transfers title...fiat does not. Because of debt based fiat, all property has a lien against it because all property has been pledged as collateral for the debt. Therefore, no one can own any property and property has fiat (fake) certificates of titles, not true alldoial titles.
Love the new intro!
AMAZING INTRO
I absolutely ❤ ur cornbread plug! Awesome commercial 🙏🤣😁
You forgot to tell us which person realized that no one came to get the gold, and started trading with other people's gold. It was a man from germany his last name starts with an R.
Who?
Brilliant
Beaches were the first Gold Mines.
Excellent book. Please read it. It took me six months so I could digest it properly
Takeaways?
That's the best Alex Becker impression I've ever seen 😂😂😂😂
Great content!
Thank you!
The paper money 18:45, my grandma has some of those notes back home, those are romanian denominations.
Love the videos!! Have you ever thought about a print publication? 🤔
Ah, guy at his best. Great vid.
Facts
Fun Fact: Hawala is an Arabic word that literally means “exchange”
Not true, im arabic myself…hawala doesnt mean exchange, it literally translates to “sending money”
You are the best
moving might not be an option/ viable but can use the other means to make money and be profitable - awesome education here. well delivered and explained
Thx Guy
"And we're walking, we're walking."
Great video
Groovy!
Excellent
Great video !
Every person in the world should watch this video and wake the fuck up.
Amazing
Thanks for the nice video. I do have to disagree however with Lyn that money is a ledger. Perhaps the best synopsis of money was written by William Stanley Jevons in 1875 called "Money and the Mechanisms of Exchange" (a free download by the way). An excellent read even if it is dated. In that book Jevons puts forth the 4 phases that are needed for sound money to form. The Phase 1 is decorative, people must want the item for its decoration like with gold, silver, and many assets like rare paintings, rare hockey cards, rare sculptures, and rare classics cars for example. Phase 2 is a store of value which rare paintings, hockey cards, classic cars, gold, and silver all fit into. Phase 3 is a transactional currency which is not possible for a rare painting, classic car, or hockey card because those are not divisible. But gold and silver are divisible, as is Bitcoin. And Phase 4 in case your interested is a unit of account. Once an item passes thru all 4 phases, it is sound money. Note that fiat currencies are not sound money because they all start out at Phase 3 without passing thru Phase 1 and 2. As such all fiat currencies fail.
Those 7 metrics are great!
Great
6:47 That's a Watchtower Society painting if ever I saw one lmao
Lyn is great. You could also take smt from Rothbart and Graeber to broaden things.
My word, Mr Motivator has let himself go.
Best promo vid yet. Well done Guy and the team 😂😁👍
i like this
3:30 - 😂3:46 - 🤣I'm dead. I'm freaking dead
The reason fiat currencies have value is because you have to pay your taxes in those currencies, because having to pay your taxes in those currencies automatically creates a demand for them.
People give value to currency. If people feel that there is value in any currency people will choose that particular currency.
Lens flare got stuck on stock footages. I suggest cleaning the editor with fiber cloth🤧
Nice
Guy Sensei !😲last week, you promised an in-depth video about Bitcoin Runes would air in the same week but you never released it 😞
Coming soon! 💯
Also, there is money of account and money of exchange.
Surprised you haven’t been trying to get out of GB 🇬🇧
🔔
Nice video. I don't know however if you should continue to do Schwarzenegger and Michael Jackson clips...
Bitcoin smashes every single one of those metrics. Its the perfect reserve currency.
Don’t say gold doesn’t “rust”
Wow
I'll never understand how people can pretend bitcoin will create less inequality, when over 99% of the world population currently don't own *any* bitcoin while a handful owns billions worth of it
Not everyone is equal and we need to stop pretending we all are, is it right and fair no, is it the way it is yes.
Equality is not the main idea behind Bitcoin, the idea is that you don’t have to trust a third party to freely interact with whomever you want
Because Bitcoin is Deflationary and over time as it distributes it's value is democratised between all it's holders/users.
Omg no
Fun fact and great that Hawala is still in very much practice, bullions everyday 😅😅
Better watch Hidden Secrets of Money by Moke Maloney (:
Mike Maloney? Pretty much ahead of everyone else by about three months during the pandemic together with Dr John Campbell. He has also has interviewed Lyn a few times ;-)
@@rookie_ Oh yeah, Mike not Moke XDD
I'm glad to see the light hearted acting is back. 😅
The Medici Family invented double book keeping.
Luca Pacioli
@@pawkie2 the Italian mathematician?
6:17 WTF is that???
So money is a valuable substance like gold or real estate and currency is like a shadow - paper money?💴
❤
Mike Maloney Explained it Well
On His HIDDEN SECRETS OF MONEY Series
Very interesting talk, one of the best on this subject. I have a question though: why would the most powerful people default on their trillions of dollars of debt if the money supply continues to contract ?