Personal Internet Banking

Banking 18: Big Picture Discussion

August 12th, 2009

Pros and Cons of various banking systems. More on gold.

Duration : 0:14:8


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25 Responses to “Banking 18: Big Picture Discussion”

  1. Comment by krug24

    Dissolve the …
    Dissolve the monetary police state of legal tender laws, federal counter-fitting prosecutions, taxes & regulations etc. related to maintaining monetary hegemony and suppressing true free market banking.
    So called economists of the contemporary kind should be calling for a halt to these political interferences in money, banking and credit markets.
    Talk is cheap. More people wake up to the unsound, corrupted, dangerous nature of today’s money and banking and want change.

  2. Comment by jackuy12345

    really? we will …
    really? we will just see about taht

  3. Comment by ussernameunavailable

    nah, every specie …
    nah, every specie changes on the border of collision

  4. Comment by jackuy12345

    naw human is …
    naw human is smartest animal but is also most selfish, so we r doomed XD

  5. Comment by ussernameunavailable

    lol, thats what …
    lol, thats what humans get for the mutation (evolution maybe XD) of viruses and stuff XD

  6. Comment by Sconz32

    More videos on …
    More videos on finance and business, please :)

  7. Comment by jackuy12345

    listen ppl!! swine …
    listen ppl!! swine flu is attacking!!!!!! this is waht human gets for destroying the nature

  8. Comment by ViraIVideos

    Moon rocks lol :D

    Moon rocks lol :D
    You should have said, INTRINSICALLY it’s no different, so people get the right idea lol :D

  9. Comment by vinmpatel

    Thanks for the …
    Thanks for the videos…very educational!!

  10. Comment by hiphopsocnroc

    Ture!

    But gold …
    Ture!

    But gold esp. silver has really not been talked up that much. And really buying something “valuable” (WATER, FOOD, GAS, AMMO, GUNS, SILVER AND GOLD ETC..) does no harm what so ever! In fact it does you good, it is a hedge fund.

    SO BUT LOW AND HOLD LONG IF YOU CAN AFFORD TOO. PEACE [-_-]

  11. Comment by FranceParisian

    I will check them …
    I will check them out after I watch all Khan’s series on Banking!
    Can you tell me a jest or your opinion above the people you mentioned above please

  12. Comment by FranceParisian

    Sal, try to get …
    Sal, try to get some perspective from the following people.
    Peter Schiff
    Gerald Celente
    Jim Rogers
    And readers please reply and do refer me please to other people with the same category or character as these three mentioned above! Reply directly from this message so that it will alert me on my e-mail
    Thanks
    Goodluck to the world economy and Peace

  13. Comment by FranceParisian

    Look up for Gerald …
    Look up for Gerald Celente
    His the man too

  14. Comment by hiphopsocnroc

    LOOK UP PETER SCHIFF
    LOOK UP PETER SCHIFF

  15. Comment by hiphopsocnroc

    LOOK UP PETER SCHIFF
    LOOK UP PETER SCHIFF

  16. Comment by hiphopsocnroc

    LOOK UP PETER SCHIFF
    LOOK UP PETER SCHIFF

  17. Comment by jgposner

    Yes the US …
    Yes the US government is screwing us by printing too much money. However, they are screwing the rest of the world even more so in the end it is a net positive for us. lol cry lol cry

  18. Comment by jgposner

    Why did you put the …
    Why did you put the 1980’s price of gold into today’s dollars? Seriously, I’m not trying to make a point. I really just want to know. I know in 1913 gold was set to $20 per ounce, what is that in today’s dollars? For that matter, anyone can answer this but please make sure you are 100% correct.

  19. Comment by dipoogle

    Money is a medium …
    Money is a medium of exchange and it can’t evaporate. To destroy it, you have to burn it/dump it etc. My question is - when so many people are losing so much money across the world, where is it flowing to. It should flow somewhere, unless someone destroys it.

  20. Comment by khanacademy

    I used 1980 because …
    I used 1980 because that was the last time everyone was talking about buying gold like they are now. I actually have no bias towards gold. I just want people to be fairly warned about buying into an et class when it is being talked up the most.

  21. Comment by siggyboss

    Sal, you used the …
    Sal, you used the worst case scenario for buying gold: the peak in 1980.

  22. Comment by MisterRothstein

    Sal - great videos! …
    Sal - great videos!

    In this one you seem to be drawing the evolution of banking as if ‘we’ have decided its path. In reality, this is untrue. The bankers together with the politicians have decided the path, based on which would offer them both the most personal gain.

    If the market (ie. the people) had been free to decide the path, it would be very different. What’s more, your inflexible gold argument wouldn’t stick, because there’d be competing currencies.

    But on the whole I love your vids!

  23. Comment by carracer481

    Wow dude wake up, …
    Wow dude wake up, there has been a 3,000 % decrease in the value of our currency sense the feds inception, mostly after the gold standard was abolished. It’s no conspiracy just facts. That’s why our dollar is only worth four cents now and the Chinese have been calling for a new global currency to replace the dollar. WAKE UP!

  24. Comment by TheEvilDetector

    The downside that …
    The downside that paper money can be manipulated is not just a downside to mention casually. It is a huge downside.

  25. Comment by aeiouandxyz

    Amen to that.
    Amen to that.