Dope Tech Episode 2

<<@UniversalYakov says : Serious question: Why not create a new coin, leave the fed system, and print a new coin worth all debt and pay off in one move?>> <<@tatianastarcic says : Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.>> <<@Aarrenrhonda3 says : Because America is currently dealing with the twin evils of recession and inflation, I believe there is a glimmer of truth. The fact that consumers are accruing credit card debt is the worst aspect of this crisis. Credit card debt increased by 20% in April alone, and interest rates have doubled in just a single year. Because inflation is so severe, people are actually taking out loans to pay for necessities. Yes, the collapse has started.>> <<@rogerjohnson833 says : WARNING ALL, ALERTING ALL > God told me directly, that the dollar collapse will happen this year in 2024. Beware of November 7th 2024, when Fed.Chairman, Jerome Powell will cut the interest rate. It will be catastrophic.>> <<@Hannahbenowitz says : I think there is an atom of truth because : America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..>> <<@PepeLepew-rm9ft says : We're not spending any money on da fence thats why there's migration 😢>> <<@edgarupwongsa6248 says : Please ask Peter when his Europac Bank customers will get back their funds (?). We are waiting since 2 years - when the bank has been dissolved. Now we're left since many months without information. Not worthy of a real business man.>> <<@Kingcream4kt says : This November elections might really take a hit on the stock market, how can I invest my 250K cash saving to capitalize on the market crisis?>> <<@LarsBergstrom-uh2eu says : The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.>> <<@michaelgabrielcube233 says : Its just like every average person taking on debt just to eat and are stuck And thats why inflation helps the us pay its debts. Kind of like Germany going hyperinflation just to pay of its debts 💀>> <<@SagittarianArrows says : US $35 trillion debt, as of 6 Aug 2024. https://youtu.be/VX3iBRyf14M?si=D15gyDrdezAroNV9 Every 100 days $1 trillion ADDED!>> <<@RandyMilmeisterRealtorProbate says : biggest debtor in the universe... haha. this was a great economics video. thanks>> <<@tuckerbugeater says : who needs walls when you have ai drones>> <<@yiyisun4607 says : 2:01- I wasn't following what the speaker was saying Printing money prevent interest rate from rising? Thats not true, it is rather the expansion of the money supply that leads to inflation. If interest rate does not come down, corporations will be forced to cut jobs or close doors. G.Edward Griffin's book - Creature from Jekyll Island explains how the fed reserve is responsible for every boom and bust cycle. A must read for anyone who wants to understand how debt and money really work.>> <<@masseysubra3165 says : I have figured out way to pay off the $35,000,000,000,000 US debt. Here is how I will do it. I will print 350,000,000,000 (35 billion) ONE hundred dollar bills. Each $100 bill will cost me 0.03 cts to print. It will cost me $10. 5 billion dollars to print 350,000,000,000 $100 dollar bills, Now I will pay the $35,000,000,000,000 lenders or debt holder and I will end up the debt of 10.5 billion dollars, this is manageable. I do not understand what seems to be the big fuss?>> <<@CopeMasterFlexx says : ANY DAY NOW click bait. 2 more weeks.>> <<@choppergirlfpv says : It defaults, and then all of it's assets save for one house, it's personal belonging, and about $2,500 in cash... basically everything that is exempt in a bankrupcy... everything other than that is liquidated and it's creditors paid off with whatever proceeds come from that.>> <<@Jorgetrader says : hes right about everything, except bitcoin.>> <<@forensicforex2197 says : The scam has been going on for so long. Will it last another 100 years?>> <<@elliotthenderson2182 says : 😂>> <<@xrpvegas5407 says : All public officials should have to post their address… I would love to surprise “Good ole” Nancy the great trader… and TRAITOR>> <<@xrpvegas5407 says : Yep we’re screwed>> <<@mojokurk1637 says : Once this happens the government loses any control they think they have . things will get bad then a revolution against the government will come>> <<@lookup912 says : Sounds good! But since this man isn't running for president... who do we vote 4....2 keep our EMERGENCY EJECT(out of the US) button available?🤣>> <<@adamvigil274 says : They are doing this on purpose>> <<@olegpetelevitch4443 says : %100 Me too ! Gold !>> <<@sirus312 says : To anyone listening! Don’t worry about this, worry when we see other countries go down first and the U.S. lose their dominance militarily. Whoever controls the military controls the world! And can make up whatever numbers they want>> <<@joeswanson733 says : at this point don't even bother putting a date on any prediction they can keep kicking the can down the road until it just explodes. so just get ready anyways. because like a volcano it can just erupt with no warning.>> <<@Rowdy1965 says : It’s always better>> <<@1234thelance says : You do know lol😂debit is how this works.. think about it stop pushing bull ****>> <<@mfmanuele says : There's a reason millions of people are crossing our border to come here.I'm sorry but people aren't leaving America.There's nowhere else to go.That argument is asinine.>> <<@kevino6670 says : We can only hope that it crashes All the way to zero!>> <<@99sentcoins says : 😂 The United States Federal Government Dissolved in 1933. Bankruptcy !!!!!! It operates in name only. The president signs a declaration of war every year to stay in power. It amazes me at how much Americans dont know about Reality. The American dollar is backed by Saudi oil.......or should I saw, WAS. Now lets see trump fix it. 🤣🤣🤣>> <<@dera6347 says : Form at least the last 20 years on Youtube, there has always been someone saying doom and gloom is just around the corner, and that doom and gloom never happens. These people will sometimes even admit the claim has been many times before but this time it is different, and again not a thing happens. All kinds of claims such as, The dollar is about to collapse, The US government is about to turn against you and invade you homes, And so on. These claims have always been present on You tube, even since I have been using it. Year after year of these claims, and it never ever happens. And he we are again, with yet another person doing the same thing, and most likely not a thing is going to happen. Why is it so hard to accept the official numbers? They are very good. Perhaps you do not like the numbers simply because you do not like the leader the numbers are occurring under. According to the Numbers the American economy is just fine and will continue to be so. One false prediction = false prophet.>> <<@matsforsberg6287 says : It is 20 years of chaos theory we see the pattern falling in place all over the world. By BRICS>> <<@matsforsberg6287 says : Impact theory + Chaos theory is the BRICS game>> <<@matsforsberg6287 says : They have 5 months according to Nostradamus>> <<@truthreigns3465 says : Dude can’t renounce the word or letter I without stuttering it.>> <<@Zameer_Baloch_Official says : USA’s days are over now, China should lead the world now.>> <<@AnyWayMusicLife says : Thanks a lot....Very educational for me....Greetings from the other side of the pond....Sweden/Bosnia>> <<@brandondepper7310 says : No economist has the balls to say it. The only way to reduce the debt quickly and permanently is to drastically reduce the size of the government at all levels.>> <<@Carlos-wz7vm says : 0:27 "We have a $32.7 Trillion National Debt" !! How old is this video??? Extremely disappointing to have such an old video reposted.>> <<@user-gn8lz5zh5l says : Peter, how are they are going to flee the country with their metals and gold bars? Bitcoin is the only solution.>> <<@Tetsu-p3g says : As recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be — and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement>> <<@The_Quiet_Room_Study_Music says : Peter Schiff is a moron and EVERY call that he makes is WRONG!! Why are people still listening to him at all?>> <<@davidman59 says : Corruption in government, religion, insurance, corporations, can only be stopped by the people who physically supply service or products essential for life need to step out of the system. "You received free give free." "All those who buy and sell worship the beast and it's image." The "havenots", should not conflict with others who have not. Just address the ones, "that have", who are pointing the finger at the desperate.>> <<@davidman59 says : I think the monetary system is near its end. People that worry about what they have try to get more wealth to offset their losses. This in turn makes it harder for those who have less or nearly nothing at all. Then when they retire from working the majority of their lives, then they get drugged up and their assets (if any), are taken away. Blessed be Elijah the prophet who has come to set matters straight.>> <<@areechonpasuwan1592 says : Why worry about interest payment? The US can always add more printers to print money out of thin air. It's business as usual.>> <<@chud8you629 says : Two weeks later and still hasnt collapsed 🤔>> <<@jeffee1933 says : We live in a clown world. Good luck everyone and may the odds be ever in your favour.>>