Comments by "Matthew Nirenberg" (@matthewnirenberg) on ""THIS EVENT COULD HAPEN AT ANY MINUTE!" (Peter Schiff On The Coming Fall Of The US Empire)" video.

  1. When you look at not just the interest rates but also the exchange rate, the national debt, the inflation and the cost of living and the stagnation of wages, we're actually much worse off than people were during the great depression. The govt just don't want to admit they screwed up because they're to narcissistic and would rather act like everything is normal.
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  2.  @ddake9810  You're still choosing to ignore the truth that the economy is completely stuffed and you still want to blame the "youth" as if they're to blame - its those who are 50+ who caused the shit-show, who pushed the commie welfare crap and socialist crap as teachers and politicians. I have zero debt (always avoided it and never had it), have lived on a tight budget since I was 6yrs old (that's when my education in finance, savings and investments began as per family tradition that goes back centuries in Italy) and rely on no one other than myself. I've worked for basically nothing and only got a good wage when I was able to be self-employed. I will most definitely tell you about high prices - the cost of living has tripled since 2020 - yeah the same food items I've always eaten have tripled in cost. That's solely thanks to the govt, all the climate taxes and the ""2020 thing" has caused shipping to be expensive and cause shortages" BS that the govt keep lying about along with the govt forever letting the utility companies continuously increase the "service charges". The govt do this because it means more GST for the govt - the govt love high prices. I only eat at home unless invited to an event, my phone is 8yrs old and I've never just bought products for the sake of it. The people who pushed the prices so high are 100% the govt. People pay the high prices because they have zero choice. You either buy whats available or you go without. Want to grow food? Guess what - most people don't have backyards and are very limited as to what they can grow. Unless you have a farm you won't be having any animals/livestock of any kind due to lack of space and govt regulations. You claim that people are impatient - nope, people still have to eat - the basics have tripled in cost whilst wages continue to remain stagnant as they've been for the last 20yrs! As for your comments about houses - yes the prices are insane but the govt love that as it means they get more in Stamp Duty, GST, Capital Gains and Council Rates. During the "2020 thing" more houses were sold than ever before, the buyers were all foreign investors. Locals have been priced out for the last decade. Sadly building more is NOT the solution as that only results in the loss of farmland as the cities infinitely sprawl onto prime farmland - they never expand into the desert-like crappy farmland, and more foreign investors. The only solution is to ban foreigners from owning homes and only letting citizens own homes - this is why Europe is still affordable for citizens. House prices by law can't reduce. The under-quoting laws go as far as making it illegal for anyone to sell a property for anything less than the current average market value. This was done intentionally by the govt as all they care about is tax revenue, they never look at the long term picture. The only way house prices could reduce would be if for many years (5-10) every house sold for 5-10% less than they're worth - this would push prices down but would still result in govt investigations as to why the properties sold for less than they're worth and owners could be hit with penalties. Also, its 100% illegal to build your own house yourself, the govt requires you to use licenced builders for all of it. DIY has been long banned. Think I'm full of shit, come to Australia and see it for yourself. Its also the same in Canada, New Zealand and the UK.
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  3. If you listen to the UN, the WEF, etc. They plan on mass global depopulation. Remember you are the carbon they want to reduce. Also note that the UN are champions of "World Hunger" as they claim it makes people productive.
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  4. 1 - because he doesn't put all his "eggs" in the one basket. He can see opportunities to make some money quickly and so he does 2 - Devolution is actually a real thing. If things regress (i.e. devolve) then that's absolute proof that things were bad and unworkable. Evolution only occurs when the change is highly efficient, beneficial and well proven Will people go back to trading in gold and silver? Absolutely. Only fools and morons think otherwise. There is nothing else on this planet that is as valuable as gold and silver can't be artificially made and they aren't highly abundant and thus they are valuable. Everyone knows what they're worth and everyone knows that over thousands of years, whilst currencies have come and gone, gold and silver have remained a constant. Look at Venezuela, Cuba, etc. everything has three prices - Bolivars / Gold / Silver. They literally will shave gold and silver to get the correct amount to buy the things they need and want because the money is so worthless. If you back a currency by gold or silver you can't just add to it. The problem was when the USA left the gold standard so they could "print more money". When you have a currency backed by bullion, the only way to adjust the amount in circulation is to reprice the bullion, you can't just "print more money". If you think Bitcoin is the solution, tell me, what's going to happen when the internet or power are gone? How will you use bitcoin? You can't as it won't function. At least with gold and silver you can carry pieces, shavings, etc. of it and trade it for goods and services. Bullion is real money and doesn't need anything else in order to work. If you think Bitcoin can't be added to, double-spent or otherwise manipulated, unfortunately you're misled. It most definitely can, all you need to do is to control 51% of the mining (this is easy for a govt as they can force their citizens to a different MainNet) - then you can manipulate the blockchain however you like as you have enough controlled consensus to approve the otherwise illegal changes. Bitcoin and all crypto can't be married to bullion - all crypto is tied to energy due to the need for crypto mining. In the long run, the time proven solution (bullion) will win out and society will start afresh. Personally I would be ensuring I have some bullion safely locked away and I would be slowly building up sufficient supplies of shelf-stable foods and products/tools that I know I'll need and that will last before things get worse.
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  5. It has zero value - its 100% dependent on energy (power) and the centrally controlled internet, it requires insane amounts of data to be recorded forever in order to function and is easily controlled by controlling the mining. Whilst privacy coins are untraceable they have the same problems as normal crypto. If you think blockchain is the solution and will last, look what the govts have done to privacy coins and crypto - delisted from exchanges, illegal to possess/have/own/use, on-ramping and off-ramping to all exchanges has been banned by most western banks along with PayPal and most credit cards, mandatory govt id registration of wallets, use of hardware wallets banned (on-chain crypto only), just to mention a few things the west has done. How long until the govts force ISP's to block all crypto at the protocol level? How long until govts forcibly shut down any exchange that supports crypto? How long until govts make the possession, use or acceptance of crypto illegal? How long until govts do what Australia did and tax crypto so heavily that its literally not worth having? I have a bad feeling that when WEB4 launches (the internet that is 100% govt ID regulated and controlled), it won't support any unauthorised protocols or transmissions and thus won't support crypto. The result would be all the crypto servers being shut down! I've said for ages that whilst the "how blockchain works" is good to know, blockchain as we currently know it has too many issues resulting in it being worthless as the problems far outweigh the solutions. The only way for blockchain to have value and for crypto to thrive is to decouple it all from the internet, for blockchains to be lightweight and self-pruning and to be designed solely around anonymity.
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