Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "" video.
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📉 The video discusses the impact of a gold-backed trading currency on the economic and political freedom of the BRICS nations, and challenges mainstream reports on China's deflation.
00:00
Discussion on the potential impact of a gold-backed trading currency on the economic and political freedom of the BRICS nations
Challenging mainstream reports on China's deflation and providing alternative perspectives based on personal connections in Hong Kong and China
🌐 The speaker discusses the potential of BRICS countries and the importance of economic freedom.
03:32
The speaker is skeptical about the idea that BRICS countries will become great places to live or have strong economies.
They emphasize the importance of economic freedom over political freedom in a free society.
📚 The video discusses the book 'The War on Gold' by Anthony C. Sutton and its connection to economic and political ideas in totalitarian societies.
07:19
The book discusses the discipline of gold and its relationship to economic and political ideas in totalitarian societies.
The Nazi state and its proposed program of world domination declared war on gold as a final stage.
⚒ The video discusses the use of gold in Soviet socialism and its impact on the economy and military power of the USSR.
10:32
Stalin recognized the contribution of the California Gold Rush to American industrial development and introduced a similar gold mechanism to advance Soviet socialism.
The Soviet Union confirmed its faith in gold for external use by issuing the first gold coin since 1923, using it to purchase technology and food to overcome internal deficiencies.
Gold is seen as a double-edged weapon by the Soviets, used to build a totalitarian society internally and advance Soviet-style imperialism externally.
💰 The video discusses the current status of gold, silver, Dow futures, NASDAQ 100 futures, S&P futures, and currency exchange rates.
14:03
Gold is testing the 2000 level and is just below at $1,997
Silver is slightly up at $23.05, with Dow futures down 25 points
The dollar has rebounded against the Yen due to weak economic data from Japan and less hawkish comments from the Bank of Japan Governor
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