Money is Broken!! The Truth About Our Financial System!
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- Опубликовано: 14 июн 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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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.
Broken Money is an excellent book. Lyn Alden’s interviews and talks are also amazing and I highly recommend all.
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
This is the education bankers don't allow
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
In the middle of this book now... a must read!
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.
Nixon 😡
Loved the office !
You are THE best. Thank you for your hard work
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.
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.
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.
Quality Work. Thank you!
Amazing video. Gold bless Lyn.
Excellent presentation. Profound information made easy to understand. Your promotions are entertaining! Thanks
great book!
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.
I love you Coin Bureau!
My copy just arrived a few days ago. I'm already 100 pages in. Lynn is amazing.
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
Excellent, thanks team
Love this! Thank you!
This is brilliant, thanks a lot for this
Shared. Great Video!!
Thanks for everything coin bureau freaks!
Thanks - I can see that the book is on Audible
Brilliant explanation
Lyn! Great to see the streams cross
This is one of the few crypto related channels on RUclips that seems genuine and the one I trust! Great job!
thank you!
Convinced Guy is nuts with his commercials, but love them..
I appreciate you. Thanks 😃
great content brother
That's great content … The way you describe is tremendous!
Great vid once again👊🏼🇬🇧
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.
Great content!
That's the best Alex Becker impression I've ever seen 😂😂😂😂
Thank you!
Love the new intro!
Great video
Lead the way coin bureau!
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?
You are the best
I absolutely ❤ ur cornbread plug! Awesome commercial 🙏🤣😁
Brilliant
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”
"And we're walking, we're walking."
Thx Guy
Love the videos!! Have you ever thought about a print publication? 🤔
Great video !
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.
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 😊
Excellent
Amazing
Excellent book. Please read it. It took me six months so I could digest it properly
Takeaways?
AMAZING INTRO
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
Banking systems will collapse
Yes I think so too. I think there’ll be an unstoppable domino effect by the end of this decade.
Yes and no. Either this year or next year CBDC will be "installed" and present currencies will be terminated, i.e. illegal to be used. You own nothing..........
Groovy!
Facts
Great
The paper money 18:45, my grandma has some of those notes back home, those are romanian denominations.
Ah, guy at his best. Great vid.
Those 7 metrics are great!
Nice
Bitcoin smashes every single one of those metrics. Its the perfect reserve currency.
i like this
Lyn is great. You could also take smt from Rothbart and Graeber to broaden things.
Beaches were the first Gold Mines.
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! 💯
6:47 That's a Watchtower Society painting if ever I saw one lmao
My word, Mr Motivator has let himself go.
Best promo vid yet. Well done Guy and the team 😂😁👍
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.
Lens flare got stuck on stock footages. I suggest cleaning the editor with fiber cloth🤧
3:30 - 😂3:46 - 🤣I'm dead. I'm freaking dead
Wow
6:17 WTF is that???
Also, there is money of account and money of exchange.
Nice video. I don't know however if you should continue to do Schwarzenegger and Michael Jackson clips...
Surprised you haven’t been trying to get out of GB 🇬🇧
People give value to currency. If people feel that there is value in any currency people will choose that particular currency.
I'm glad to see the light hearted acting is back. 😅
Sea shells are quite abundant ? So how they kept its supply under control.
wheres the link for game theory please
No. The answer is not to move to a country that uses the US Dollar. The US Dollar is doomed and doomsday is coming.
Such a joke that he says that
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
Every person in the world should watch this video and wake the fuck up.
Get Bitcoin at all cost. Even by selling all your altcoins.
❤
wow
Omg no
So money is a valuable substance like gold or real estate and currency is like a shadow - paper money?💴
🔔
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 ?
The Medici Family invented double book keeping.
Luca Pacioli
@@pawkie2 the Italian mathematician?
blilliant spot 😂