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GOLD VS DOLLAR

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http://digg.com/business_finan... The value of the dollar is dropping like a rock and this video is to show how this is affecting the prices of everything from gas to milk. This is the first of several videos to show what is really happening to the ecomy of the United States and why this country is in a lot of trouble financially.

Channel: News & Politics
Uploaded: April 4, 2008 at 10:08 pm
Author: therealweeklynews

Length: 05:20
Rating: 4.78
Views: 398991

Tags: banks  bonds  crisis  depression  devaluation  dollar  economy  federal  gold  interest  loans  recession  reserve  stocks  vs  

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Video Comments

Zuco13 (October 9, 2008 at 11:05 pm)
how can they bring it back into the currency?
oldhipp13 (October 9, 2008 at 9:48 pm)
wow.. omfg, according to this, my car would have only cost me $87 (lein sale vehicle i bought for $400).. what a RIP lol
mickdick87 (October 9, 2008 at 4:41 am)
the FED is a corrupt independent privately owned bank that just prints up money when ever they want ELIMINATE THE FED GO BACK TO GOLD FFFFFFFIIIIIIIXXXXXXX AMERICA!!!!!!!!!
TheHolySpirit (October 8, 2008 at 10:30 pm)
Didn't this happen during the Great Depression when people decided to invest in gold rather than keep their money in US Currency? The government simply took it back from the investors in the form of a compulsory purchase. If the system you depend on is completely corrupt in the first place you can't beat it.
RyanB2112 (October 8, 2008 at 2:34 am)
Personally, I wish we could go back on the gold standard. Unfortunately, we're pretty much screwed for that.
Skaffaaah (October 7, 2008 at 4:08 pm)
to 9tengo. Atleast he points out problems, so more people can think of a way to fix it
takasito (October 7, 2008 at 4:06 pm)
currency fixed to gold means no foreign exchange all fixed regardless the inflation.
TaigaSibirskaya (October 7, 2008 at 3:07 pm)
didn't the jews in nazi germany have lots of gold, then the nazis confiscated all their possessions?
Redshift21 (October 7, 2008 at 11:34 am)
very interesting
cbsketchpad (October 7, 2008 at 6:55 am)
:( oh my

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