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DynamicWorlds
David Pakman Show
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Comments by "DynamicWorlds" (@dynamicworlds1) on "Russia Buys 25% of World's Yuan Reserves, Abandons Dollar" video.
@richard3793 you don't understand money, sorry. Even gold coins didn't derive their value from being gold, but from being what the government accepted as taxes. Please look up Debt: the First 5000 Years. We need more people who actually understand money if we want to fix this mess we find ourselves in.
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@OsmoZchannel I'm not going to say absolutely don't buy crypto, but it's a bubble/pyramid scheme. If you buy, you better be sure you're not holding it when (not if) it comes tumbling down. I don't know if it will happen next year or next century, but it will come down.
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No, we just need to finally understand how money works, retake control of our currency from the banking sector so we have sovereign money again and we'll be fine.
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@ngantnier I mean, that was a stupid answer to being too entangled in dollars for the good of their own currencies, but yes. Both the gold standard and having an international currency are bad ideas. To do both is idiotic, but they're trying to solve real problems in a world where even most economists don't understand how money works, so I can't blame them too much for making such a colossal mistake.
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