Mike Maloney on Credit-Based Money, Feudalism, and Financial Enslavement
You can follow us at: twitter.com twitter.com As the US heads into the presidential primary in south carolina, the most recent republican debate featured Newt Gingrich defending his moral values -- his marriage - , Mitt Romney defending his tax returns, and Rick Santorum defending his sweater vests, is there anyone is is actually making real sense in terms of dollars and cents? Is the lack of concentration and debate on the money issue, and the issue of the federal reserve system, of central banking and of fiat money helping to turn cash into trash? We'll talk to Mike Maloney, founder of www.goldsilver.com about the path the US is now on, and whether or not that path is sustainable. We will also discuss the latest republican internecine conflict over capitalism and whether the debate is giving capitalism a bad name. After all, the leading contender is a millionaire with a 15 percent tax rate. Is this the kind of capitalism that is causing people to equate capitalism with inequality? What about the people fighting for real capitalism, the kind the really rewards hard work and punishes failure? The kind that doesn't subsidize the rich and big business? We will ask Mike Maloney, author of Rich Dad's Advisors, a guide to investing in gold and silver, about this as well, and we will also speak with him about the precious metals space and how to protect yourself from currency debasement. And also, we talk about megaupload. The FBI shut it down yesterday. It is one of the ...
View Count: 302 Date: January 20, 2012
louis12346 January 21, 2012
Teacher Lauren is the best ,gold bug, & Ron Paul supporter , she probably owns a glock too
troybr79 January 21, 2012
Has Mike Maloney given his opinion on the PAGE yet? I"d be interested on his take
heckler73 January 21, 2012
@socustrocus I just watched his vid; it doesn't say much... It appears to be mostly an advertisement to buy gold. Yet, his logic of Monetary operations is flawed (which goes back to my original comment from earlier). Coupled with his ignorance (wilfull
jc2004x January 21, 2012
@RTProducer Could it be either based on a previous year growth or a 5 year trend? I guess that's more what I am getting at... 2013's fiat currency printing could be based off 2008-2012's economy.
zentonil January 21, 2012
@NathanHaleLives Show me the link to this post then. You're being ridiculous, trying to tell me what I wrote.
NathanHaleLives January 21, 2012
@zentonil Oh yeah you do. Keep copying and pasting away their troll. :)
jc2004x January 21, 2012
@RTProducer if you are talking about the removed comment... I removed it because I worded it wrong.. I re-worded and re-posted shortly after
NathanHaleLives January 21, 2012
@RTProducer You like to bait people dont you? lol You call my argument "bullshit" and dont expect a response? Again, you are wrong about the Fed. I'm thinking you used the wikipedia. This case tells it all: Lewis v. United States, 680 F.2d 1239 (1982).
zentonil January 21, 2012
@RTProducer Demetri, I think Nathan changed behaviour so quickly because he was responding to a comment of yours which you signed your name under. I don't think he realizes that it's been you the whole time.
zentonil January 21, 2012
@NathanHaleLives You're obviously not well in the head. I have never posted on Brother John's account. I haven't watched one of his videos for at least 6 months.
NathanHaleLives January 21, 2012
@zentonil Dude, you wrote that exact same thing over at Brother John's youtube. Do you seriously copy and paste your own diatribes? WOW!
RTProducer January 21, 2012
@jc2004x ah, ok I see what you are saying. Let me leave the commodity backing aside as a means of balancing payments and just focus on the GDP question. I would say no, because no one know what GDP is first of all so you can't accurately gage what the
RTProducer January 21, 2012
@jc2004x someone keeps flagging your comments. I don't know which one you are talking about. On a side note, i have noticed that people get flagged a lot on this page for comments that clearly should not be flagged. I'm not sure why this happens, but y
RTProducer January 21, 2012
@NathanHaleLives first of all, you went from being respectful, to all of a sudden getting really nasty, which I find pathetic. Second, the federal reserve is a public-private partnership. I really don't see what you can't understand about that. It's the b
zentonil January 21, 2012
@NathanHaleLives Socialism *DOES* create oligarchy. Bureaucracies always lead to states of oligarchy. It is the collusion between the powers of the Federal Reserve, politicians, and financiers which has allowed for this massive corruption. The FED *IS*
NathanHaleLives January 21, 2012
@RTProducer "The fed is a front company" lol That's is all I need to hear that it is an incorporated entity outside of the government. It is not a "public" entity and you are incorrect. Is "partnership" a nice way to smooth out the argument? Now you call
zentonil January 21, 2012
@NathanHaleLives You're entirely confused. The Glass Steagal Act was passed in 1932 to curb speculation by separating investment banks from commercial banks. If you're talking about Glass Steagal being repealed, that happened in 1999 under the Clinton
1977Melville January 21, 2012
I think Burnett is crazy for going to CNN.
NathanHaleLives January 21, 2012
@RTProducer I couldnt agree more, I am just pointing out certain criticisms of Mike Maloney that appear as hype, which I think can be dangerous for investors. I've seen Max Kieser give Mike a look of incredulity when he would spout off the $1000 silver
heckler73 January 21, 2012
@NathanHaleLives I'm sorry, but I don't see how MMT is gold-standard minus the FED. Can you expand on that, please? Commodity Standards imply a cap on money creation that is extraneous to actual "demand" for liquidity. That only creates boundaries whic
NathanHaleLives January 21, 2012
@heckler73 Harrison wont discuss it because he is a free market proponent in the Austrian school. it is an odd combination because he appears to be asking for the government to control monetary supply which Von Mises would not agree with at all. Von Mises
NathanHaleLives January 21, 2012
@bluesphere22 it can peg its money to gold and have a people's government print it. You can stop spending money on wars meant for profiteering and senseless destruction so that private corporate "government contractors" like Bechtel and Haliburton cannot
NathanHaleLives January 21, 2012
@heckler73 I would agree on the ethical and moral aspects of MMT. Not everyone can be a millionaire so we have to accept the reality that there will be people without money. If private enterprise wield ALL the power (the Fed, Goldman Sachs) then we get th
NathanHaleLives January 21, 2012
@heckler73 yeah he has. lol And I agree, he needs to "get hip" on that Skype action yo!!!!! I am going to add you, you have your head on straight over there.
NathanHaleLives January 21, 2012
@heckler73 Heckler, he is arguing through a monetary lens of deregulation and trying demonize the linkage between commodities as the primary undercurrent of Endo and Exo options. He is missing the point entirely of what pegging money to GDP is about. T