The governor of Korea’s central bank has warned against lowering interest rates… saying ballooning household debt poses a major threat to the economy. Ji Myung-kil reports. Mounting household…
A video looking at way you can’t simply print money to pay off debt. And what has happened when countries have tried to! And for that matter why a country ha…
Video Rating: 4 / 5
Lulz thanks for mentioning Humgary. I feel proud of my country.
Governments don’t print money; they borrow it.
What if you printed a crap load of money in your garage but you didn’t tell
anyone and just spent it yourself?
Peso argentino, Argentina’s currency, is about to get into zimbawean
currency situation. Inflation’s already making the 100 pesos, the highest
denomination bill, literally worth nothing as we the argentain use it in
everyday life as 10 dollars or so.
The goverment’s printing money like crazy to pay off their bills with USA
and such, situation’s pretty sad here.
What if you were an American at the time and you moved to Hungary with one
American cent? Would you be the richest person in Hungary?
What happened to the 2 dollar bill?…
Dude you make great videos
i learned more from this video than from my economics class for a year
So if a country with hyperinflation would burns like 99% of the banknotes,
would the banknotes be worth more?
So, if I destroyed a dollar bill by, say, burning it for example, would I
raise the value of everyone else’s dollar bills, even if it would be only a
VERY insignificant amount?
This entertaining documentary film explores the history of banking, the
selling out of the prosperity of Canada, the clearance sale of Canadian
businesses and the political liquidation of public infrastructures to the
multi-national corporate oligarchy. How has this led to the biggest
economic crash / recession / depression in Canadian history? Could it have
something to do with our politicians listening to international bankers and
corporations instead of the people Canada? How does the Canadian banking
system really work? How does the central Bank of Canada compare with the
American Federal Reserve?
This movie presents these issues that affect every Canadian from the
perspective of and delivered by concerned youth in a astute and colourful
manner. This is a serious journalism piece that asks the tough questions
directly to such politicians. Oh Canada Movie – Our Bought And Sold Out
Land – Full
What if you hold on to that 100 trillion ZBD bill and then when the
exchange is normal again you have your money, can anyone verify that?
Ugh, I am happy that I don’t live in America, no one from China could knock
in to my door and say: Hello sir, from tomorow your ass belongs to me.
What if you just printed money in secret, then gave it to another country?
Nobody would think to account for inflation because a very small amount of
people would know. Would this work?
WY: One tenth..
Me: Ok, ok it can’t be that bad.
WY: …of a US Penny.
Me: 0_o
so IN THEORY according to this video, and according to economics, if the
USA stops printing money and we burn every single form of currency in the
country, except for a single dollar bill ($1), we can then pay off our debt
to China, our debts in general, other countries debts, and even launch 100
spaceships, because there will be less quantity of the US dollar so its
value would increase around the world.
8:00 Oh God, I have banknotes worth 8000000000000000000000000000000000
pengő-s
I know this is maybe stupid – BUT WHY THE GOVERNMENT FORBIDS PEOPLE TO RACK
UP THE PRICES AND THEN GIVE EVERYONE MORE MONEY? Can you prevent inflation
that way ?
What’s striking to me… When Zimbabwe’s Fiat currency collapsed, Zimbabwe
started using another Fiat currency, the U.S. Dollar, as well as a few
others. Wonder how that will turn out
But money really does grow on trees… Paper is received from wood and is
used to make notes
Hahaha, just kidding, good job with all your videos so far!
Actually the USA print money to pay off debts…
Solution for Zimbabwe, each person has a device with a screen, with real
time update.
6:14 – Fact: Zimbabweans also use the South African rand, Botswana pula and
the Australian dollar.
so what if those leafs are coca leafs?
In Islam you are not allowed to accept money that has no intrinsic value,
and only the gold dinar and silver dirham were accepted as currency, things
like paper money would otherwise make you end up like Zimbabwe.
knight@asceticism.puckered” rel=”nofollow”>.…
thanks!…