1971: The year humanity became enslaved 

hmm, interesting so what do we do with bad people?

Coming from the guy who wrote _The Republic_ , it comes off rather hollow.

@@pola_behr we admire them

@@pola_behr Historically, all civilizations executived criminals. Cruel but effective. And merchants, money lenders, all who don't follow the law or stretch it too much, got the bad ending. Now, if you have a million laws with a million loopholes, all smart criminals don't get what they deserve. How many people at least went to jail for the 2008 crash?

Laws, no matter who they serve, are an act of power play. Flaunting power is something that humanity, at its core, very much despises. Greed and jealousy fuel those who find a way around the law in the chase for more power (especially under Capitalism where the lure of money is too strong even for the most righteous among us). Why do you think there is so much controversy surrounding police and gun laws? Simple: people don't want to be told what to do and threatened to do so by those in uniforms. Having equal terms of power allows citizens to defy this notion for their own gain.

Nothing more permanent than a "temporary" government program.

@@creapyalbinofish I wanted to comment your exact response. 🤭🤭

*2 more weeks*

Just like this PLAN-demic. Two more week to flatten the curve. Fvck's sake. 😑😑 Once politicians start dying they immediately start respecting the citizens. Remember "When governments fear the people, there is liberty. When the people fear the government, there is tyranny." - Thomas Jefferson, or was it Sun Tzu, not sure. 🤔🤔

The schools had temp bungalows and yet those things are still around

Is this a criticism? The currency he's suggesting is immune from the problem stated in this video.

@@olddriver1402 Crypto is the largest ponzi scheme ever created

@@peppersteakpie4986 ah yes, a ponzi that IS currency of a country, Very truly

@@peppersteakpie4986 How is it a Ponzi scheme? You clearly don't understand what you're talking about.

@@olddriver1402 I'm not asking you to believe me but I hope you realise that it is by its very design made to make you think that it is actually real. Decentralisation is a lie and all crypto is based on hype. Just have a look at Reddit for example at the rampant shilling of coins like it's a get rich quick scheme and that's because it is. Crypto is backed by nothing and only when the illusion of crypto is shattered will people realise they've been had. It honestly is plagued with all the problems of fiat currency with much of these coins operating no different than your classic wall street scams. I hope you do try to at least consider what I am saying because I was into crypto at one point but I see through the lie. It is designed to make you emotionally and ideologically invested. Crypto will still go up 10,000% Thats how good of a Ponzi it is and trust me most people won't see it until they are left holding a bag of coins no one will buy

Now the big sharks finnally achieved the perfect enslave community where we are all against each other in search of the better job or job position and we are all so close to being poor that we can't fight for better conditions, the majority doesnt even have time to see the rat hole were we are at.

Been in Northern New Jersey for all 32 years of my life, Sussex County! The community feel was wayyyy tighter back in the 90s, but people still try to stay involved locally. It's been improving for the last two or so years. 🤙🏻

@@wildernessrick9278 what world are you living in nothing has improved over the past two years, it has gotten worse.

I can relate, my parents tell me of what they did and bought when they arrived in Canada and ya they worked hard but actually achieved something and were able to enjoy it. No way I could afford to do what they did now.

@@liamliam5341 We make our own realities, friend. I'm living in the reality where I'm invested in my community, I volunteer time on occasion to one of many, *many* local farms, we go to live music events, make friends and connections with people in our community. I also started a trade apprenticeship 3 years ago, so things have been rapidly improving and escalating, it's been a blessing. I guess my point is if you think things are so bad and have only gotten dramatically worse, just ask yourself what you have done or have been doing to make things BETTER. Peace, my friend. Times are hard. So we must be solid. ✊🏻

It's a shitty fucking video through and through lol

That's the beauty of this channel, it teaches you that everything is a scam then it tries to "scam" you. People who are paying attention won't fall for it.

@@liamlowery5485 i said that

a guy needs to make cash somehow!

@@empyrealreveries Some these videos be mad expensive to produce 😂

why would that ever be said

I like the way you said that not every man with a gun will rob a bank but every bank robs the world

@@basiclemur7823 Because bankers have been robbing the world for decades. It’s not a riddle.

@@profwasabi4020 well yeah i understand that, but in what context would tat be said

@@basiclemur7823 I remember the quote but not the context. It’s in the show Mr. Robot.

It has to collapse, as anything this predatory and artificial must. Not to worry... When hyper-inflation hits--and it will--they'll just put us on Fed Coin (digital currency), attach it to a social credit score, and we'll embark on yet another beast system, cashless and even more sinister than the last.🎉

What do you think is the most important book about the history of economics and our monetary system?

​@@TheChangeYTthe creature from Jekyll island

They're plan was years in the making the good thing is now people can start to see it

@@westsidesagittarius3103the veil over the evil and corruption in the world is falling away: humanity is awakening and building a new way…🤷‍♂️

with these people nothing is coincidence

@@angelobowie6880: I'm afraid you're right.

Lol I thought the same thing!

@@dimitrishow_D : Brilliant minds think alike.

@@jacksquat4140 like at the wef , lol....maybe we should join haha

And when the inequality is so great that all but the Rich have nothing to eat, we eat the Rich 🖤💜💙💚💙💜🖤 Dinner's coming early! Much love!!

That and the unwitting gatekeeping fueled by the sometimes chestpuffing fatalism of those who fancy themselves 'right-wingers and conservatives' and the 'age old family derived' fatalism of 'global south' migrants* spread around who are borderline choiceless in being complacent which yet again contributes to unwititng gatekeeping for the upper echelons. *offspring of Salvadoran migrants here

@@endTHEhegemony_Today You can try. This time the rich are creating robots. Obedient autonomous machines that will crush all the dirty poor.

The government is full of lizard people; psychopaths.

narcissists

What’s your panacea?

@@chadleybartimusdisney-brow3011 there is none.

its his sponsor

He writes with such normal words and then all of a sudden, boom, he casually drops the word panacea

@@feetusgaming779 lol "maybe if I mock his correct use of a common word I can show how stupid he is" derp derp

Yup , the petrodollar its a good take ... also how the US intimidate other central banks into buying its currency or devaluating just like happened in the 90's crash in Asia

Seems like it was a natural occurence. The US had all the gold, and held debt over the UK and basically everyone else who mattered. No one could have said no, even if they wanted too

Look up Peter Zeihan. He is a geopolitical expert who talks extensively about Breton Woods and it’s impact on global markets. He’s written several books but there are tons of his interviews floating around RU-vid.

I would recommend watching Jake's We are Always At War documentry then.

Can you link source for info? For whatever reason what I've seen said is that there are only 2.2 trillion dollars in circulation.

And it's freaking global

its greed

@@pauly1053 Its our government printing more money to inflate away national debt.

@@pauly1053 It's investing.... unlike crypto which is really stupid greed.

My house I paid 625K for in 2000 is now worth 2.2 million. That is good investing !

🔥 🔥 i had to find a seat after this one

You do realize that it's China doing the standoff, right? Threading to invade other countries, committing genocide and ethnic cleansing... The list goes on.

@@angrydragon4574 you do realize the US does this too right? In the past and actively.

MSM and the government are not delusional. They know exactly what's going on. It's all part of the plan.

The revolution that massively increased the ability of people to read and write? Maybe if the U.S. didn't put sanctions on Venezuela while also funding guerilla fighters in neighboring countries it would be better off. Your parents were probably among the wealthy that benefited from the massive poverty and cheap labor that was dissolving the country in the first place. People act like these massive upheavals just happened completely randomly as opposed to being the result of decades of apartheid and colonial rule.

@@angrydragon4574 the US literally only stopped its invasion of Afghanistan. It assists or outright commits war crimes in Yemen, funds terrorist in Syria, exploded a general in Iran(a country we are not at war with), attempted to establish a puppet government with Juan Guaido(and likely assisted in disabling the Venezuelan power grid), I mean I could go on. The biggest terrorist nation on earth is the U.S.A.

Yup, we're all pretty much fvcked.

It's not just americans, it's the whole world.

It’s pretty obvious the government is fucking us, but the people that are thanking Jake are probably unaware how they are fucking us.

Lol

What are you gonna do with this information?

Show him a inflation calculator, 18k in 1972 is the equivalent to 130k in 2023.

The quality is pretty mediocre to be honest...

@@wastedtalent1625 Agreed, I turned it off when he pretty much disregarded the advancements we've made in technology in recent decades at 02:17 lol

a total misunderstanding of the change in M1 money supply is an unforgivable mistake in this kind of video. It's propaganda at best.

@@Youeube yeah, he needs to take a break...

maybe Jake has a terminal illness and wants his work done before he goes. im just speculating.

i 2nd this

@@samrothstein8429 and i 3rd this verbatim

In the 1970s , a wave of young liberals. Bill Clinton among them, destroyed the populist Democratic Party they had inherited from the New Dealers of the 1930s. The contours of this ideological fight were complex, but the gist was: Before the 70s, the Democrats were suspicious of big business. They used anti-monopoly policies to fight oligarchy and financial manipulation. Creating competition in open markets, breaking up concentrations of private power, and protecting labor and farmer rights were understood as the essence of ensuring that our commercial society was democratic and protected from big money.

You’re welcome

And then he rapes his own video by turning it into a commercial for some product :(

Bingo. And they’re using propaganda such as social media to further delude people into believing the nonsense which keeps this circus spinning. It’s up to the people to educate themselves, but if you talk with the average person, you’ll realize how ignorant and brainwashed they really are.

The whole "GDP" nonsense is only beneficial to those who are already wealthy. They're using the wrong metrics, they need to measure the paychecks, well being and living conditions of the average person instead.

@@jokerpilled2535 It goes beyond propaganda. It requires ignorance and an abdication of critical thinking.

GDP measures amount of money, not value behind it. Less than 8% of US economy is manufacturing. Another 5% is in farming. If we sum up all the industries that actually produce anything, it maybe will be 25% of total GDP. Rest is services and financial sector. Both just move money around. There is a reason why stock market grew in 2020, despite economy being in recession. Because it has very little actual connection to production of actual value.

@ENKI LE PRINCE Your rambles are incoherent. Please make a clear statement next time

Shhhh, don't give Jake any ideas 😂

I know right! this is stuff people would charge thousands of dollars for, its insane!

There is a lot of lazy facts in here, you can tell he does the minimum required and pretty much goes over things that have been talked to death already on RU-vid

@@wastedtalent1625 you're spamming the same thing under every comment without providing any concrete examples

who is Trahan lol, thanks man

Hes made an entire video about the federal reserve

Research XRP and the characters involved. Including Peter Thiel. The aim is to apply blockchain to everything to eliminate corruption as blockchain is transparent. Don’t take my word for it tho brother, please research XRP and Peter Thiel, that should slowly show you what is planned and what is happening. Palantir too.

You can also buy gold as a saving

@@jensenpanala5456 XRP is a Ponzi scheme run by some dudes. Centralized scam coin.

The crypto bros ruined it

This

Or some kind of physical asset.

Crypto as long as the internet works

I mean technically gold there’s a lot it’s just we can’t reach it at this very moment but in the future if we can gold would be worth as much as dollar or close to worthless

Jokes on Jake, everything in his BlockFi account is credit.

Jake really is a sell out, once worked for the people now is working to line his own wealth. Smh

What's wrong with crypto?

@@Poisontooth The problem is in the name.

Yes because Jake Tran is just a fake propaganda channel

@@Poisontooth The day a general minded mathematician will calculate a solution to ECDLP. You will know.

So what can the average Joe do to combat inflation? This scheme will have to implode on its self sometime what can I do to secure a futurr

@@joestein6603 CRYPTO specifically XRP, XLM, eth. GOLD AND SILVER coins with face value if possible. And possibly NFTs👀

@@conxoraddonahue9956I'm not with the crypto hype train anymore (bought doge coin). The gold and silver look promising though

@@conxoraddonahue9956 nfts are shifty crypto can be exchanged in a few stores though and can be traded online.

@@conxoraddonahue9956 crypto is gigantic bet, just like us dollar, silver and gold is far more sure

Great intertainment but I find this video slightly bias number one the money is going to the poor they use cash so they gotta print. Number two the population has increased or the bottom is larger so of course it's gonna be costly. The better assumption is to say what revenue models financial models and ways to increase your income streams. Plus there is a lot of innovation in the outskirts it's not mainstream yet. Other than that great intertainment

Plus I hate the bias of the past because it has already happened. How we gonna go forward now what tool are available and ready for disposal

as government increased in size, it expanded regulatory agencies across all industries, requiring lawyers both on the enforcement and compliance side.

@@getsmartquick _"number one the money is going to the poor they use cash so they gotta print."_ No, it's not. That is part of the myth they propagate to justify the printing, the money the poor "get" has already been taken from the poor before through taxes and inflation years before, the "welfare" is a fraud ponzi scheme.

I believe the addition of a ton of female workers played a large role into this. With most woman entering the work force, certain jobs had larger growth than others based on where the woman would chose to work.

That’s how greedy the government is smh 🤦🏿‍♂️

Because 0% of infinity is still 0.

They want us to pay taxes so we can keep working nonstop

Agreed

Good on you to know that. My hubs was an economist in DC for 40 years and most people are stunningly ignorant of how money supply works. Sadly, where my husband used to work, they decided to mostly *not even track* the breakdown in the M1, M2, M3. They don’t even care if it all goes to hell.

I agree. M1 is no longer a true valid data

^all of these are shills and glowies.

Jake "Trans"

He's a little scam artist. Put money in a made up currency because the order made up currency is bad because its... Made up. Lol

Former.

@@akshitverma2004 yo u might be on to sumn

Pause. And put out of context

Video just dropped this one could of been bad. Stfu.

Defies logic to say, "I give my consent for you to be robbed." Yet that is the basis of the cult of "democracy": the notion that a majority can give consent on behalf of a minority. That is not "consent of the governed"; it is forcible control of the governed, with the "consent" of a third party. Larken Rose, The Most Dangerous Superstition people cannot delegate rights they do not have, which makes it impossible for anyone to acquire the right to rule ("authority"). Also, people cannot alter morality, which makes the "laws" of "government" devoid of any inherent "authority." Ergo, "authority"-the right to rule-cannot logically exist. The concept itself is self-contradictory, like the concept of a "militant pacifist. Larken Rose, The Most Dangerous Superstition The men who wear black dresses and wield wooden hammers and refer to themselves as "the court" are seen as the madmen they are. Those who wear badges and uniforms, and imagine themselves to be something other than mere human beings, are not seen by the deprogrammed as noble warriors for "law and order" but as confused souls suffering from what is little more than a mental disorder. Larken Rose, The Most Dangerous Superstition Mortals cannot alter morality any more than they can alter the laws of mathematics. Their understanding of something may change, but they cannot, by decree, change the nature of the universe. Nor would anyone sane attempt to. Yet that is what every new "law" passed by politicians pretends to be: a change in what constitutes moral behavior. Larken Rose, The Most Dangerous Superstition Without the right to rule ("authority"), there is no reason to call the entity "government," and all of the politicians and their mercenaries become utterly indistinguishable from a giant organized crime syndicate, their "laws" no more valid than the threats of muggers and carjackers. And that, in reality, is what every "government" is: an illegitimate gang of thugs, thieves and murderers, masquerading as a rightful ruling body. Larken Rose, The Most Dangerous Superstition In short, if the victims of authoritarian extortion, harassment, surveillance, assault, kidnapping, and murder simply stopped assisting in their own oppression, tyranny would crumble. And if the people went a step further and forcibly resisted, tyranny would collapse even more quickly. Larken Rose, The Most Dangerous Superstition Everywhere you turn, be it the state or the church, the media or the schools, you are taught one thing above all else: the virtue of subjugating yourselves to mortals who claim to have the right to rule you. Larken Rose, The Iron Web Many have been able to recognize and oppose specific acts of tyranny by specific regimes, but very few have recognized that the underlying problem is not who sits on the throne; the problem is that there is a throne to sit on. Larken Rose, The Most Dangerous Superstition But all ʻlegal’ means is that the government told you to do it. The way people view law these days, whether something is ʻlegal’ or not depends only on who gave the order. If the people who call themselves ʻgovernment’ do it, it’s legal. If anyone else does, it’s not. But whether the order itself is good or evil, and whether anyone should obey it, has nothing to do with who gave the order. Larken Rose, The Iron Web Every person who claims to act on behalf of "authority" is demonstrating that he has accepted an utterly ridiculous lie: that his position, his badge, his office dramatically changes what behaviors are moral and what behaviors are immoral. The idea is patently insane, but is rarely recognized as such because even the victims of the enforcers share in this delusion. Larken Rose, The Most Danger ous Superstition only those who do not need to be controlled-i.e., those already trying to live moral lives-feel any obligation to obey the controllers. Meanwhile, those who pose a real threat to peaceful society feel no moral obligation to obey any "authority" anyway. Larken Rose, The Most Dangerous Superstition When enough people understand reality, tyrants can literally be ignored out of existence. They can't ever be voted out of existence. Larken Rose If, on the other hand, you value peaceful coexistence, compassion and cooperation, freedom and justice, then teach your children the principle of self ownership, teach them to respect the rights of every human being, and teach them to recognize and reject the belief in "authority" for what it is: the most irrational, self-contradictory, antihuman, evil, destructive and dangerous superstition the world has ever known. Larken Rose, The Most Dangerous Superstition

@@theforcewithin369 deep thought

He most certainly does. He and James Jani are my inspiration with my videos on my channel!

@@theforcewithin369 it's more efficient to force people not to hurt each other than to teach them it's "wrong". "authority" is necessary to keep those who don't want to respect the rights of others, in check. and morality can very easily be altered, so you're just wrong about that one.

what your saying then is that the price of doing business made americans who actually do the real work or provide essential services, not valued as much because capitalist pigs who want to make money anyway they can with the idea of globalization initiated providing jobs to anyone where there was poverty beyond measure and thus increasing the liklihood of world peace. since the world would have many times over gone to war if people werent as well taken care of today as the might have been. and war is very costly. it costs lives bud. which i might add is precious commodity. WE DONT NEED SO MUCH STUFF> WE DONT NEED TO HAVE ALOT OF MONEY AND ABILITY TO MAKE MONEY> WE NEED PEACE AND LOVE> AND STUFF LIKE THAT> we have gotten very used to measuring the world the way it was. its not gonna go back to that. EVER AGAIN. because i would think we have learned are lessons by now. but perhaps not.

This was the longest comment I have ever seen on RU-vid

@@ribarxlittlex you've seen nothing then

@@vulblhotdiessfi yeah RU-vid ain’t my thing

Uh none of that is new. Everything you mentioned is old, and we don't have AI. We are not close to singularity. You're wrong. Science has been very disappointing. It also gifted us Communism as well as Covidphobia. Do we really need Covidphobiacs?

Well said, my man.

You literally could not have finished this video when you commented 😂

@@user-kk6ht1id5e I saw the first 38 seconds and I put aside my phone and started paying attention. that when you know ita good lool. I have been a jake fan since the early days I just know it's going to be good.Not all of them are my favourite some just hit the right spot lol

Take it with a big grain of salt! We don't have meaningful achievements post 1971? Internet, medicine, A.I., automation, renewable energy, dna sequencing and much more aren't meaningful achievements?

In the 1970s , a wave of young liberals. Bill Clinton among them, destroyed the populist Democratic Party they had inherited from the New Dealers of the 1930s. The contours of this ideological fight were complex, but the gist was: Before the 70s, the Democrats were suspicious of big business. They used anti-monopoly policies to fight oligarchy and financial manipulation. Creating competition in open markets, breaking up concentrations of private power, and protecting labor and farmer rights were understood as the essence of ensuring that our commercial society was democratic and protected from big money.

Technically, the thing with crypto is that it's decentralized (it runs off of everyone's participation in the network and doesn't rely on one person or group of people) and doesn't have policymakers determining the value. Crypto isn't fiat, but it (mostly) does not have any intrinsic value either (short of service-based cryptos IMO as those types of crypto do have their uses, like with payment processors).

@@angrydragon4574 that is bullshit crypto is just going to make it easier for elites to control the money supply

@@perniciousseizurehellio3438 You clearly don't know what crypto is, so you?

@@angrydragon4574 I know enough to understand this whole crypto shit is a way to make it a whole lot easier for the elites to control us

​@@angrydragon4574 Even if it is decentralized, a small number of wealthy people can still own most of it. You've only decentralized the creation of money, not its ownership

How sure could you be 😂 I would say I relate, but I’m just gonna say I’m another African on the subscribers’ list

I am too,welcome.

From which country are you? South africa?

we are here with you

how are you certain that you one of the few africans that enjoy his content? how do you come to such a conclusion 😭

Thank you, someone who realised this

Underrated comment. Thank you for digging deeper.

This was done in complicity with the people who control the media. Control the media, control the flow of information. And when you do that, you can start selling narratives that people will have a hard time disproving. The internet changed all that.

So he's a politician lol?

@@Lssjg702 im confused

@@Lssjg702 no, he isn’t. Lol

@@Lssjg702 I’m so confused as to what made u say this, nothing I said pertains to the description/definition of a politician.

@@nancy0ls what's your definition of a politician?

Could you explain the essence of it, please?

Exactly! The FED did not print the increase in M1 as he stated in the video.

It wasn't printed, but the reason for the redefinition was to allow those funds to be more liquid in conjunction with the reserve requirements being reduced to 0%. If banks don't need to back loans with any reserves, why slow down the rate at which people can spend their savings? In effect, it does constitute a large increase in M2 circulating money supply.

Savings accounts were reclassified to effectively be checking accounts, moving a massive amount of money from M2 to M1 category (80% of the spike shown). So the total money supply didn't actually go up that much

Don’t listen to this gold standard BS. A fixed dollar is too limited to keep up with economic trends.

funny thing about economics is that there’s no science to it, it’s all completely made up bullshit lolol

@@eldenfindley186 Are you ready for The Great Misery? Better be.

@@eldenfindley186 his economics professors would be extremely disappointed

Is it really that weird that banks lend money to people using money of people who deposit money in the bank? Afaik it's called fractional reserve banking and was in use in 17th century.

Biggest mistake I've made financially was not being born 20 years earlier to be honest

At this point, I think we'd just take it. You should see the way so many people make excuses for corporate pillaging from our pockets. It's sometimes hard for me to believe, and it gets to the point where you start believing you're the lunatic for pointing out the gains of the elites at our expense. Yes, there really are people wgo defend these institutionalized systems knowing full well that we're losing most of what we had simply because the other alternatives are worse. God help us.

there *should* be riots for this

There should be ARMED INSURRECTION for this. Worldwide.

You must be new if you’re feeding into this fear mongering. Don’t spent your first bonus in once place & stick to cole haan shoes until you’re a senior. Also, stfu

@@alexanderbankowski5617 Gee youre clueless. You cant even understand lay concepts. Go back and read Rich Dad Poor Dad and call yourself a finance professional. Child.

It was technically illegal to take off the gold standard as one was already written into the law of the land, the US Constitution. Another problem was that all the economy was also shipped to China at the same time.

@@angrydragon4574 That doesn't apply outside of the USA. Countries went off the gold standard in the great depression to stop deflation. Plus this graph of wages vs productivity does not apply outside of america either.

@@angrydragon4574 "It was technically illegal to take off the gold standard as one was already written into the law of the land, the US Constitution." What part of the constitution?

Britain hadn't been on the gold standard sine WW1

@@abum4595 in this video humanity= the US if he's from the US i will say that am not actually surprised. The United States can be very self-centered we won WW2 we invented (insert thing invented outside the US) we are the most free etc

Good. No discrimination.

@@dimamatat5548 the discrimination is your assets

The worst kind of slavery is the kind where a slave thinks it's free

you think only one race was enslaved or what

Larry Fink. Blackrock.

No, they are engineering the collapse because cryptocurrency will give them unprecedented levels of tracking and control, while insulating them from the wealth depreciation of the dollar through the transition.

No. Let’s not talk about conspiracy. Rich people have an already huge Cashflow and every sector where you can invest is oversaturated. Crypto offers high volatility and therefore high rewards. Until the average revenue diverges to the mean, people will keep investing. And the only ones with metal money are the rich.

@@nevisysbryd7450 Correct, 2008 was engineered so will this next one

@@Chaddeusthundercock Of course Chad Thunderc*cl< would be based enough to understand.

It's not very impressive tech, especially because its not used to improve our lives and instead it's all decreasing quality of life to the point that it is literally giving people cancer. You should try looking into things beyond the surface data and memes.

These technologies already was there, just was improved, your point is invalid

Oh really? Mobile phones? Are they really new? What is a mobile phone? A few gadgets sewn into one. It's a phone, a small computer, a camera (ok like 10+ cameras nowadays), a music player, a radio/TV, etc. None of its functions are new or never seen before, it's just a tool for convenience and an improvement upon what already existed, not a revolution. Besides, the phones themselves, even if you consider them revolutionary, have not seen any actual innovations over the last decade - only higher quality, worse batteries, more (and better) cameras, more RAM, et cetera. The internet itself has not changed, it was merely explored better, made publically available and commercialised to hell. The computers are largely the same as the 90's ones in concept, they are just more powerful and user-oriented.

Mobile phones, computers and the internet are military tech, payed for with public funds. Socialism is responsible for the tech you mentioned.

Machines listening to ur every word in your hand and in your home !

If you have money and home and job security then sure. But you could lose your job or if you are a landlord your tenant. Then what? Your mortgages are unpaid.

Probably....it has become a solid resource to hedge a bet against the dollar

yeah and why do you think crypto got REALLY popular at the same time the feds started the brrr machine.

@@Matanumi but now it's nothing but a gambling tool where rich people know how to manipulate the game. Bubbles after bubbles after bubbles with no progress

Exactly

Everything started going bad after the world ditched gold standards though, many of the middle class have since then gotten squeezed into poverty, even in uk iv felt it, as we see virtually everyone working full time to gather as much gbp, but that too keeps becoming worth less and less. While we see the elites keep on buying up more property and double their wealth over and over. Ceos went from earning 20x the average to 200x the average House prices in the 80s required 8,000 hours of average salary labour to buy, now require 16,000 One other effect i’ve noticed are families are falling apart, it’s the marriage rates keep falling, divorces rising, and online dating shows us women chasing and competing for fewer and fewer guys. You can tell me you cant see the connection but families are just another statistic that started dropping around the 70s and it just kept getting worse at the same pace average people became poorer. even entertainment is getting worse, the quality we used to have has been diluted down, you have to dig for hours to find talent these days, good music is buried beneath pop sensations like beiber, or actors are type casted until we are sick to death of watching ryan playing ryan in every movie he’s in. Everything has been diluted and funnelled, success concentrated to only the top 1%, we have a very wealthy at the top, and 80% people left struggling. The loss of the gold standard and the amount of fiat currency printed has certainly left a scar on the life for average people. If you cannot feel those connections i dunno what to tell you, 50s 60s were clearly an anomaly the elite didnt seem to like and they are plummeting us back into some feudal system.

@@CloudWalkBeta That's not exactly true. The gold standard was controlled by bankers who used "fractional lending" to essentially print more money out of thin air. This craziness started long before 1971, and included our periods on the gold standard. We were way better off when dollars were silver notes. We were way better off when money wasn't backed by anything at all - provided the power of "creating" money wasn't given to those bankers. Check out The Money Masters by Bill Still (made in 1996 I believe). It's not a 10 minute youtube video though, it's about 3.5 hours long. Secrets of Oz by the same guy is shorter (only about 1.5 hours) but its not as in depth. I don't think he gets some of the details 100%, but it's a hell of a lot more in depth.

@@notsure7874 that'll be fine! I will give it a go! Thank you for your recommendation! If I am wrong I need to admit that & continue learning & appreciate the help THAT GUY offered me!

@@CloudWalkBeta Most of it's pretty spot on, but the gold standard isn't the answer or exactly when it all went to shit. It seems to be (I thought it was for a long time), but the bankers still win with a gold standard. They even advocated for a gold standard for a good while. Silver was plentiful, and didn't afford them the control over money that gold did. They opposed silver notes.

It would just happen again at a later date.

@@stillnotchill2560 Maybe? But it'd still be worth the shot

@@stillnotchill2560 Rinse and repeat with the time machine 😉✌️

Or so you think...

@@agentc7020 it's the hydra, cut one head off, two grow back, you have to go for the heart

😂

you have 1K subs without content???

me too

What the heck dude. You work n save till you can buy a cheap car with cash and live in rent and there you go your debt free.

@@vadimnesen8060 Cheap car = shit loads of problems and breakdowns. You'd probably have had 100,000 miles clocked on that thing.

@@derchiongster8068 not always. Gotta get something reliable. Corolla, camry, cicic,accord, parts are cheap if somethin breaks. No one saying its easy but its doable.

You haven't seen his Monsanto video yet if you think this is his best video.

@@coolman6139 I’ll be sure to watch it next

@@coolman6139 where is the Monsanto video? I couldn't find it.

@@titan2984 you have to join the channel to gain access to it.

For real...gold standard has gigantic problems. Falling rate of profit is far more important, neoliberalism, trickle down, wealth consolidation, debt peonage...

Look at description u have everything there

@@nemanjacvjetkovic5583 thanks! For those that missed it like me: ru-vid.com?event=video_description&redir_token=QUFFLUhqa2tHdV91MW0wajQ1ZFFrWFBDM19reGNGZkliZ3xBQ3Jtc0tuNXo3bjQ3ZnVsNFpjQzNqVHBTbFUxT3VYdmtYN1VmREtjYmdLUk9ybnA5c2JiVmtCcFh2N3hYTmJaS1l3SkptUEg2aTBxMEpTRV9YTDJGZ0prVmFXaldkRE02b0xkam45c0lDWkF2bkhlUXZGN3pJaw&q=https%3A%2F%2Fbit.ly%2F31wixh4&v=XFShD7xGIe0&html_redirect=1

Those were likely shenanigans due in large part to fractional reserve banking.

Gold standards do not work. This RU-vidr failed to point out the Bretton woods capital controls that ended, which put power back in the hands of corporations.

100% of dollars were created by the government and its agent, commerical banks. The hysteria makes no sense considering economies run on spending, gold standard or not.

That's my worry. Is crypto really an "outsider".

Gold is.

@DELORM Isn't this the same guy who helped the elites send over America's economy to China? You don't take down socialists by building them up, you let them burn their own houses down.

@DELORM reagan himself was the very thing he wanted to destroy

There's no "repeat" when it's just ongoing....

Think about this - in the 60s you could pay off your house in under 6 years, or less if you wanted to work extra. Nowadays you have to work two jobs just to qualify for a renting agreement. The idea I have is that we should go back to the purchasing power and wages of the 1960s (with total adjustments for inflation and NOT the cooked books standards they use) and set that as a minimum standard for employees in the US. But I don't think we're going to be able to do this unless we can somehow get a majority to agree... But that's looking like it's not going to happen.

@@angrydragon4574 too many folks both rich and poor will oppose this

The FBI agent is starting to get scared for his money now.

This whole video is a scam to get us into crypto

@@vulcans2658 Crypto isn't a scam, it's just something that has gained monetary value independent from any countries currency.

And some all the way in Mozambique

Crazy I was ab to make a similar comment. Only 2:57 in

@@jeremiasmanhique3831 southern African bro 💪🏼 I'm from South Africa 🇿🇦🇿🇦

@@paddaboi_ Mozambique here bro, azishe

What country? Bangladesh?

Bangladesh

He's not selling a product, he IS the product. Jake Tran is a film company named after the person who makes the films, and his profit directive is presumed to be to make enough money to finance his creative endeavors and grow his channel. Nothing wrong with that.

Thanks, I was worried that the Fed got a upgraded printer.

Isn't the savings account from all the money being printed, covid loans and stimulus checks

Well, it wasn't yet published in a proper documentary or it wasn't put bluntly in some of the basic news articles that this guy usually butchers and steals from.

@@victorespino5650 That doesn't matter. Looking at the spike in the M1 stock doesn't tell anything about that because the spike is due to a redefinition.

I think the same as you, all those crypto and nfts financial bubbles are going to burst someday. And as always ordinary citizens will have to pay for them.

Its also potentially the future backbone of the world economy.

Pfp checks out

Dankline

Good point, they’re all puppets

Misinformed you on a subject he doesn't understand.

@@krisdavis602 ?

Just take time and do research. If only Google comes to your mind then you will get nowhere. Scrap the web, audiobook, articles, and whatever you find relevant. Finally, connect the dots and structure it. Voila