I have seen these comparisons many times. I buy the notion that if one held silver rather than fiat dollars that the purchasing power would be much better today! Where I get confused is the number of ounces required to buy a given item and the suggestion that silver is still significantly undervalued. Based on the video, the number of ounces needed to buy several items is less today than back in 1964.
Since the video is suggesting that silver represents a purchasing constant compared to fiat money. To maintain the constant value, shouldn’t the number of ounces required to purchase an item be nearly the same today as in 1964? Since it requires less today, then why does this not suggest that silver is overvalued?
Thanks, I really like your videos. I have watch the entire series and have told many people about them.
You make a good point, but I think there are two things to consider.
The thing is, many of these things SHOULD cost less using honest money because existing stocks of durable goods have been built up and production processes are likely improved (might not be true for gasoline admittedly).
The other aspect is that gold and silver prices are the leading indicators for monetary inflation even if price inflation has not caught up, so even these comparisons are just a snapshot of prices in a market that has no basis in real value. As long as the electronic money is all tied up in foreign reserves and treasuries and derivatives, prices of houses and medicine and gasoline won’t increase on par with the monetary inflation. This is the problem with using the dollar at all for measuring value (because it really has none).
“Treasury has a lot of silver on hand, and it can be, and it will be used used to keep the price of silver in line with its value in our present silver coin.”
Sounds to me like LBJ was promising that the gov would suppress the price of silver by selling the people’s silver stockpile onto the open market. With evidence like that I can’t believe that people refuse to believe that the current pricing is nonsense and wholeheartedly accept that we are operating in a free market.
First he was over thrown much like the Anglo Americans did with the color revolutions and the Arab Spring then the took care of him…
On 9 November 1970, two weeks short of what would have been his 80th birthday, Charles de Gaulle died suddenly, despite enjoying very robust health his entire life (except for a prostate operation a few years earlier). He had been watching the evening news on television and playing Solitaire around 7.40 pm when he suddenly pointed to his neck and said “I feel a pain right here” before collapsing. His wife called the doctor and the local priest, but by the time they arrived he had died from a ruptured blood vessel.
I wonder if Andrew Brietbart’s last words were the same?
Brilliant video! I knew most of this already, but the presentation is brilliant. Immediately showed it to my mother and scared the crap out of her, she’s 70. No I don’t live with her, the one problem of living <2 hrs from her, she just shows up. The one outlier the education numbers….two words "Student loans" unlimited and freely handed out by the government. I'm surprised the number was not higher.
smfh… it’s disappointing to hear people spit that shit to kids when they don’t understand that our dollar value blows. and it’s a no wonder how some people today become so disenfranchised with the idea of ‘making it’ and just give up and ride on the coattails of socialized handouts.
i can imagine the thoughts rolling around in their head right now:
‘those people over there are on welfare and those other people in suits get away with stealing billions of dollars and never go to jail, and the few people i do know who are working, barely get by… so why the hell am i beating my head into the wall trying to make it? i know… fuck this shit, i’ll just do a whole buncha’ nothin’ and collect money too! i mean, i can’t find a job and the govt. is handing money out, so why the hell not?’
it’s a no wonder how some people have no savings, especially the youth, and just spend whatever money they get as quick as they obtain/earn it.
it’s a no wonder why some of them have such a distrust and disbelief in the system and authority and look to use and abuse it like others do.
it’s a no wonder why some people turn to drugs and video games to numb their mind to ease along their apathy to this economic circle jerk and debt-slave servitude.
i’ll just stop there for now, as i’m gearing up for an info dump on a post later on down the road.
thank you chris, for your effort in putting these numbers together for people to actually see not only the loss of the purchasing power of our dollar for everyone, but that also offers a perspective on the difficulty that is present for some of younger generations to come into their own and gain a foothold in the ‘game of life’, compared to some of the milestones that older generations were able to achieve in the past.
Small point but these numbers would be slightly more amazing if the official .720 ounces of silver per dollar were used. The .715 number is used to account for wear.
Thanks Chris, great information as usual. More and more everyday people are waking up. In my experience, the “smart ones” remain clueless.
Great job. Now do the 1913 comparison with Gold it is even more showing that a person in 1913 making an average wage had a better standard of living than we do today.
Hey Chris,
Just wanted to take a moment out of my life to thank you for all the life changing decisions/events that have occurred because of the information you've brought to the forefront when I discovered you, DTOM, & the SOL academy.
I shunned the psychopaths in my life, closed my facebook, took every hour of free time to see the academy and read A LOT (a first for me), learned that I have a deep innate thirst for knowledge and teaching, jumped head first on topics I would have NEVER taken an interest in if not for waking up (finance, economics, politics, psychology, to name a few), and view everything in a completely different, but forward thinking and more intricate way.
What you say is so true ... "once your eyes are open, you can never close them again" - EVER.
The magnitude of all the changes that I've made in my life because of the SOL academy are so huge that I can't even begin to put a word on it. It's like a golden seed of life, love & truth, planted in my mind that is making me realize what does matter, what is real, and what I want be at the end of the day to myself, loved ones, and the world.
Hope you're having a well-deserved and wonderful time with your family. A toast to you, the individuals in our group, and all the great and positive things to come despite such times.
Peace.
- Irving A.
Sons of Liberty Academy Testimonial
You really need to sign up at the Sons Of Liberty Academy! I have been researching, as Chris has, for the last 5 years and have found out many things that have really changed my way of thinking! After signing up with Chris I have learned a lot more and he has vilified that which I have already learned!
Check it out!
He will BLOW your mind and secure your future! Chris Duane ROCKS!!!
-Dennis S.
Sons of Liberty Academy Testimonial
I just finished the 10 modules of the Sons of Liberty Academy. I have never been so educated and aware, in such a short time.
I now have a game plan and see my role more clearly. It all makes sense.
It is very important to understand what is going on in our world and how to fight against it most effectively.
45 hours of video is a lot of information (I spend 3 weeks day and night, going through the course).
I would look for information on my own and it would take me a lot of time but to have it done and just to be able to build on that is great.
I do appreciate it to be free otherwise I would not be able to take it.
Thanks;
Raj
Sons Of Liberty Academy Testimonial
I just wanted to drop you a note and thank you. I've been studying the Academy, about to start module 5.
The information I've observed to this point has opened my mind to new ideas, and also reaffirmed some beliefs I've always had. I feel a tremendous sense of confidence now, the fear is subsiding, and I'm excited to complete the Academy and find the direction I can take with my future, as well as my friends and family.
As Bill Hicks said, the next revolution will be a revolution of ideas. I'm glad to be a part of this program.
Many thanks,
Michael
Naples, Florida
Sons of Liberty Academy Tesimonial
"Silver Shield,
The Sons of Liberty Academy is really fantastic! I highly recommend the Academy and the hard work and dedication to the truth that Silver Shield has put forth for defenders of Freedom and Liberty.
The betrayal of the Tea Party loyalist is becoming evident. A rebellion is brewing day by day, and the Power Elite have every right to be very worried.
Awaken People don't be fooled again! Join the Academy.."
-Ray
Sons Of Liberty Academy Testimonial
My only regret is that I did not have this knowledge 20 years ago. The Sons of Liberty Academy is truly life changing.
If anyone is on the fence about joining the Academy, I will tell them they are doing themselves, their family and the country a injustice by not taking it.
Don’t let the money stand in the way, the course is invaluable and will pay for it self many times over with the finance info within the course.
I have two masters degrees and the Sons of Liberty Academy has been of greater benefit than all the “formal” education I have received.
Thanks Chris! You are a true Patriot and hero! -Randy H.
Sons of Liberty Academy Testimonial
"I am very excited about what I've learned so far! I have 3 more modules to complete. I've gone through a few of them twice, especially when there is history discussed. I find that very interesting. I am going to run through the entire Academy again, and review all the additional materials linked below the videos. There is so, so much information. Thank you for your hard work putting this together.
I am spreading the word."
- Michael L.
Sons of Liberty Academy Testimonial
"I have just finished watching Module Six and continue to be amazed at the deception perpetrated on the American people.
I applaud your work and thank you sincerely for these eye-opening truths you have laid out.
I never had an interest in politics or our monetary system because it seemed too confusing, however, the simple way it is taught in the Academy has far surpassed any education I have received in my 35 years on this earth."
- Sean A.
Sons of Liberty Academy Testimonial
"In just a few short months, I've gone from being a skeptic to being a believer.
I'm a born-again Christian, a veteran, and a patriot, but I'm also a realist.
I now prep and am protecting my assets.
DTOM has played a big part in my new education.
Heck, I love the T-shirts, too!
Thanks for doing a great job. Now I Get It!!!!"
Harry S.
Thank you for giving me the wisdom of awareness.
I have been sharing it with others, but there are so many more to reach. I am not afraid of the changes we will soon see, but confident that I am prepared to handle them. We are building a strong group here in my area and have shared your website with several key people of influence here.
Thank God I found you and took the time to go through the Academy. At the risk of sounding overly dramatic, my life will never be the same, and for that I am very grateful.
I have seen these comparisons many times. I buy the notion that if one held silver rather than fiat dollars that the purchasing power would be much better today! Where I get confused is the number of ounces required to buy a given item and the suggestion that silver is still significantly undervalued. Based on the video, the number of ounces needed to buy several items is less today than back in 1964.
Since the video is suggesting that silver represents a purchasing constant compared to fiat money. To maintain the constant value, shouldn’t the number of ounces required to purchase an item be nearly the same today as in 1964? Since it requires less today, then why does this not suggest that silver is overvalued?
Thanks, I really like your videos. I have watch the entire series and have told many people about them.
You make a good point, but I think there are two things to consider.
The thing is, many of these things SHOULD cost less using honest money because existing stocks of durable goods have been built up and production processes are likely improved (might not be true for gasoline admittedly).
The other aspect is that gold and silver prices are the leading indicators for monetary inflation even if price inflation has not caught up, so even these comparisons are just a snapshot of prices in a market that has no basis in real value. As long as the electronic money is all tied up in foreign reserves and treasuries and derivatives, prices of houses and medicine and gasoline won’t increase on par with the monetary inflation. This is the problem with using the dollar at all for measuring value (because it really has none).
“Treasury has a lot of silver on hand, and it can be, and it will be used used to keep the price of silver in line with its value in our present silver coin.”
Sounds to me like LBJ was promising that the gov would suppress the price of silver by selling the people’s silver stockpile onto the open market. With evidence like that I can’t believe that people refuse to believe that the current pricing is nonsense and wholeheartedly accept that we are operating in a free market.
Chris, this is one of your best productions ever. Very direct and concise.
Thank you.
Peace, MPB
Thank you.
It seems all of these latest ones are the “best” ones, so I am resonating with more people.
I can´t avoid connecting the attempts to murder De Gaulle in the sixties with his “dangerous” thinking.
Great video. Worth every single word.
First he was over thrown much like the Anglo Americans did with the color revolutions and the Arab Spring then the took care of him…
On 9 November 1970, two weeks short of what would have been his 80th birthday, Charles de Gaulle died suddenly, despite enjoying very robust health his entire life (except for a prostate operation a few years earlier). He had been watching the evening news on television and playing Solitaire around 7.40 pm when he suddenly pointed to his neck and said “I feel a pain right here” before collapsing. His wife called the doctor and the local priest, but by the time they arrived he had died from a ruptured blood vessel.
I wonder if Andrew Brietbart’s last words were the same?
Brilliant video! I knew most of this already, but the presentation is brilliant. Immediately showed it to my mother and scared the crap out of her, she’s 70. No I don’t live with her, the one problem of living <2 hrs from her, she just shows up. The one outlier the education numbers….two words "Student loans" unlimited and freely handed out by the government. I'm surprised the number was not higher.
and the rhetoric i continue to hear being thrown at the youth:
‘hey kids, suck it up! knuckle down and pull your boot straps up. just work harder! get a second and third job and you’ll be fine.
‘what’s that? you can’t find a job? start your own business then!
‘what the hell are so mad about? quit whining and go out and do something with yourself, you entitled, lazy brat.
‘when I was your age, ad nauseam’…
and then for the rare case that you have a youth bustin’ their ass in life, you got shit like this that takes place.
http://www.khou.com/news/local/Honor-Student-Jailed-for-Absences-153847275.html
smfh… it’s disappointing to hear people spit that shit to kids when they don’t understand that our dollar value blows. and it’s a no wonder how some people today become so disenfranchised with the idea of ‘making it’ and just give up and ride on the coattails of socialized handouts.
i can imagine the thoughts rolling around in their head right now:
‘those people over there are on welfare and those other people in suits get away with stealing billions of dollars and never go to jail, and the few people i do know who are working, barely get by… so why the hell am i beating my head into the wall trying to make it? i know… fuck this shit, i’ll just do a whole buncha’ nothin’ and collect money too! i mean, i can’t find a job and the govt. is handing money out, so why the hell not?’
it’s a no wonder how some people have no savings, especially the youth, and just spend whatever money they get as quick as they obtain/earn it.
it’s a no wonder why some of them have such a distrust and disbelief in the system and authority and look to use and abuse it like others do.
it’s a no wonder why some people turn to drugs and video games to numb their mind to ease along their apathy to this economic circle jerk and debt-slave servitude.
i’ll just stop there for now, as i’m gearing up for an info dump on a post later on down the road.
thank you chris, for your effort in putting these numbers together for people to actually see not only the loss of the purchasing power of our dollar for everyone, but that also offers a perspective on the difficulty that is present for some of younger generations to come into their own and gain a foothold in the ‘game of life’, compared to some of the milestones that older generations were able to achieve in the past.
Small point but these numbers would be slightly more amazing if the official .720 ounces of silver per dollar were used. The .715 number is used to account for wear.
Thanks Chris, great information as usual. More and more everyday people are waking up. In my experience, the “smart ones” remain clueless.
Great job. Now do the 1913 comparison with Gold it is even more showing that a person in 1913 making an average wage had a better standard of living than we do today.