Comments by "Joe Swanson" (@joeswanson733) on "Heresy Financial" channel.

  1. We have essentially reached the limits of debt based monetary system
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  2. we have to look at the great depression. the GFC is a walk in the park compared to this. also there are no coincidences. everything happens for a reason. nothing just happens out of thin air.
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  3. you know if the government did not do decades of deficit spending... this might not even happen.. who would've figured.
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  4. we only have 4000 banks left... so that's 1/5 of current banks.
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  5.  @kcculp6430  from what i understand is they can print paper and automatically that has "value" and they can buy real stuff with it so its highway robbery...
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  6. well the only thing we need now to top off the GD is food lines, corpses rotting on the streets and hooverville shacks.
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  7. you know if you expand and then it has to contract... i think it would be better off with a fixed money supply. i just feel like let's cut through the chase. but i have heard it before prices declining over time, which leads to hoarding money, which means lack of spending/investment, which means high unemployment and economic recessions. well we're going to experience all this eventually so again let's just cut through the chase.
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  8. we're in trouble.
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  9. fuel, food, water, ammo, medicine. things you can't live without
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  10. actually short selling can be very risky and the person doing short selling could lose more money than the person jsut doing traditional buy low sell high. so it should be allowed.
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  11.  @GeoffBosco  everything is about cycles. Now assets that can be denominated in any currency, Heresy said gold, real estate these withstand the passage of time and cycles. Stocks bonds and cash are ....at your discretion
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  12. i agree. stocks because of appreciation over time with companies that produce goods and services that are the underlying value for those stocks, real estate and gold are the best long term safe money
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  13. it's designed to be this way. they don't tell you jack sh-t. keep you in the dark and f you over later.
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  14. inflation your currency is losing purchasing power
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  15.  @cyberft  that would just drive up your currency value if countries have to compete for your currency to settle for global trade. i for one have always wanted a fixed money supply. because if we go through the same economic cycles with either a floating or fixed money supply than might as well just go with a fixed money supply you don't have to go through so much bs.
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  16. 5 percent is what we should have maintained right after 2008
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  17. "I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls the British money supply controls the British Empire, and I control the British money supply." - mayor rothschild 1815
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  18. basically as many have said china achieved in just 40 years what it took the west 200 years to achieve but at the same time... you condensed all of that in such a short period of time without building adequate safety nets and infrastructure to support that growth.... so it will be interesting to see china in another 100-200 years.
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  19. Matthew 21:12-13,Mark 11:15-18 NIV Jesus at the Temple - Jesus entered the temple courts and drove out all who were buying and selling there. He overturned the tables of the money.
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  20.  @puesbien  or as obama said okie doke
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  21. forget robinhood you will get fleeced.
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  22. if the sky was falling they would still say it was ok. you cant believe what these satanists say
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  23. CBDCs here we come.
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  24. you weren't the only one fooled. people before you and after you are fooled.d we need an option to opt out
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  25. That won't ever change
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  26. if you want to rely on congress to do anything... you will probably see pigs fly before then
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  27. Corporatism
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  28. fantastic content. you give the fed that much power... don't be surprised if they gonna lord over you with your money
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  29. One somewhat “tricky” point about the Fed balance sheet is that although currency in circulation is a liability for the Fed when it prints additional money (increasing the liability amount of currency in circulation) and then uses that money to buy additional securities, the purchased securities are assets on the Fed balance sheet.
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  30. we've been screwed since 2008... it just takes years for it to catch up
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  31.  @cheeseman417  going by history we're destined to decline regardless. you think china didn't go through this sh-t over and over with each passing dynasty
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  32. oh please the government knows much more than it's letting on. jimmy carter was the last president that ever told us remotely close to whats really going on
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  33.  @chargermopar  i said food that covers meat. i said fuel that covers diesel. oil and parts thats if you have machinery that you need to use.
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  34. ... how can we have more than the us military budget set aside for ukraine... wouldn't that be doubling our military expenditures?
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  35. the last time we could've maybe kept this under wraps was 1992....
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  36. answer: no one.
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  37. 1.) media is full of sh-t. they never educated us. just to scare us or influence us to either jump off a ledge or to do their bidding 2.) as you said the treasury under federal law or constitutional mandate has to pay all debts before paying anything else 3.) governments do not want to cede power and they will fight tooth and nail to keep or expand their power 4.) if they (in this case biden or whomever is in control of the money) truly are suicidal then they will just hasten their currency losing reserve status that much faster. instead of being around for another 50 years... they'll probably lose it in the next 10 years. because i've read that to uproot the usd from the global monetary system is much more complicated than we imagine as the us was so smart to entrench itself as the global currency system that to uproot them would cost a lot of money and time basically make it an opportunity cost that other countries don't want to deal with but if push comes to shove other countries will have no choice but to consider alternatives... this is not something the us government should ever play with. 5.) if there's 3 things you know will never stop being paid is the federal government employees soldiers and retirees will get their money. because if you don't pay them... then it's going to be heads on pikes.
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  38.  @Lonovavir  well this is the epitome of government misdirection gaslighting and psychological operations we have seen them pull on the peasants in recorded history
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  39. our entire system is based on paying interest... nothing else
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  40.  @edd542  people don't like people that make predictions for some reason... well might as well hate on the weather man. since his job is to predict the weather.
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  41. well it wasn't going to last forever regardless. being reserve currency is actually terrible. way too much burden.
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  42. let's repeat after me children... cash is trash.
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  43. the global elite are above money.... they are the ones that write the tickets...
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  44. the more the us does this eventually people will take the chance pay the higher cost to decouple from the USD and go to brics ... people say oh that can't happen... you poke hte bear enough times people will leave.
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  45. keep in mind here the us is run like the mafia. the us has the biggest protection racket in the history of rackets... the us can just go to japan and persuade them ... to buy more tbills if push comes to shove or something bad happens.
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  46. that's what they're doing trying to manipulate people into pulling theier money out and putting them in the top 5. how else do you think the cbdc thing will come to fruition.
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  47. it was never meant for you to collect for years on end after you retire. actually if you look at the history of SSI it was set at an age at the time where most would croak before they got a chance to collect. if FDR knew people wouuld live as long as they do now he would have set it at 100
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  48. it's all mindset. people are still tying gold or bitcoin value or worth in relation to dollars. without seeing the bigger picture and that is we should view bitcoin or gold as its own entitty entirely independent of dollars or any currency. essentially we would need to reprice everything in gold. like 1 car = 1 gold oz. 1 house = 5 gold oz etc. because this whole mindset is basically ingrained into peopels minds. oh this is xyz dollars. taht's xyz dolllars. gold can get you xyz dollars etc.
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  49. QE on steroids.
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  50. i think the us showing it's weaponizing its' use of the dollar in plain open sight now against you know who has caused a lot of wake up calls for other countries that wonder when will it be my turn. maybe that might have something to do with it. who knows. not exactly a smart move on the federal governments part.
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  51. governments are addicted to control.
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  52.  @cyberft  Fixed supply money leads to prices declining over time, which leads to hoarding money, which means lack of spending/investment, which means high unemployment and economic recessions. well let's see we go through the same sh-t with either floating or fixed money supply... i'll still take fixed money supply. and no it would not put a cap on human progress and that's what they want you to think such as the magical 2% inflation figure they keep shoving down our throats
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  53. folks how do you feel about just having banks where they just hold your money (for a small fee) for you and not lend out money...
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  54. YouTube is getting weird when commenters are schooling the video maker.
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  55. the easiest thing for the us to do is just declare bankruptcy wipe out all debt and do a hard reset but that's if they were being genuine and well sane.
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  56. why do you think everyone is saying yeah im going to avoid dolllars as much as possible. the stuff you're giving me is literally toilet paper.
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  57. well then wouldn't it be time to clean house?
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  58. mandatory means that there are already laws on the books that forced governmenet to spend program on xyz... can be amdned or removed by congress but with congress being congress chance of that happening is slim.
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  59.  @peterbenton2897  so basically our entire system of government is a charade and that we the people are too dumb to stop it. that about sums it up ? basically we got played again and again.
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  60.  @sprinkle61  the housing issue is multiple facet issue. You have zoning laws. Relying on building firms to build the housing. Antiquated building technology. Investors buying more than one property. Corporations buying more than one property. Population density never matching up with supply on hand or never building enough to match population growth. Stagnating wages. Currency devaluation etc.
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  61. why else do you folks think the world is dumping the dollar. would you want to keep loaning to someone that you know not only can't pay back but doesnt' even bother paying back on top of asking for bigger loan amounts... it's a death spiral.
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  62. all governemnts in the world are in the hole. i think the only government in the world with zero debt is Macao SAR
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  63. everything needs to be shaved off 10% across the board and that's the mandated stuff. you would need to get rid of the entire military budget altogether and kill all discretionary spending
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  64. as shown we put a lot of money or not theer will be a pandemic regardless.
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  65. seems like he's starting to get haters now. if you read the comment section
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  66. did he say all or the old rich people. because we know that you can never say ALL for anything but we can not deny there are old rich people.
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  67. well actually no. There is no federal statute mandating that a private business, a person, or an organization must accept currency or coins as payment for goods or services
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  68. you could but it wouldn't be worth much in the future
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  69. This is nothing new. If we just crunch the math in order for the company to meet certain profit margins they have to basically have money go down in a reverse funnel. Each layer gets their cut until the bottom gets whats left over...
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  70. wow before it used to be at 2%... i guess they never bothered putting money back in the fund. go figure.
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  71. actually we are seeing our purchasing power getting eroded more and more as time goes on ... just ask yourself. what can you buy with $1 anymore...
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  72. that's why they don't teach financial literacy to the commoners... i mean you saw through all of this... and you're just one person on a webcam.
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  73. we know that this will eventually happen as heresy has brought up on multiple occassions the formula the federal government is operating off of is broken, there is more outflow than inflows, they are borrowing more and more and more just to cover existing debt.... basically it may not be now but for sure in the near future because i don't see this sh-t continuing onto the 22nd century they will have to default at one point, declare bankruptcy, or scrap the usd entirely and use a new currency for a hard reboot (cbdc)
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  74. well i guess we can jsut go back to america circa 1812 where all we need to worry about is just america. that's it.
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  75. america has tried the central bank experiment 2 times before the fed both failed. kind of leads the normal person to believe if something failed before... maybe it was never meant to be.
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  76. Roman Kingdom (753–509 BC), 244 years Roman Republic (509–27 BC), 482 years and Roman Empire (27 BC–476 AD) 503 years if you factor in eastern roman empire 330 ad - 1453 ad 1123 years from start to finish 2352 years the usa if it lasts as long as the roman empire will last until 2279 ad
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  77. i figured if they were seriuos about this they would need to cut all discretionary spending this includes all military spending and all mandatory spending by 10% across the board just to be below their yearly tax receipts... O_O that's how bad the federal government is at now.
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  78. actually we never had capitalism. never did. there have always been government interference but people said the only time government interfered the least was in the 19th century so even before 1913. because big government at least what we know of big government was started by teddy roosevelt.
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  79. the us is at war with russia and we're using ukraine as a proxy... i think that has brought you up to speed.
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  80.  @brawndothethirstmutilator9848  you have to think more forward. brics is a joke now... you don't want to say they will be a joke in the next 100 years... because by then well the west will be the joke.
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  81.  @brawndothethirstmutilator9848  it's called mutual hate for one enemy... it works every single time. many alliances rely upon a common enemy
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  82.  @brawndothethirstmutilator9848  time will tell
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  83.  @headlibrarian1996  problem here is bank cds are almost always below tbill rates. people see tbills go up people yank money from the banks in masse to buy tbills basically it is engineered destruction.
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  84. well that would destroy their cbdc ambitions no? because these are obvious competitors for cbdc. or maybe they're so far behind the curve. so ignorance or stupidity take your pick.
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  85. you have to be a psycopath to be a bureaucrat...
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  86. the central bankers... always has been always will be
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  87. if your currency status can only be maintained through force than you're living on borrowed time anyhow.
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  88.  @GardenSals  im telling you the us government and the mafia operate almost 1:1 in principles and methodology and i don't like it.
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  89. oh yeah if peopel can opt out and just put it in a checking account... im pretty sure at least 50% would opt out
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  90. ukraine spending is alreayd taken out of the defense budget.
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  91. but all of this that happened, happened was under DNC watch when they had the majority... talk about the ultimate propaganda tool. oh it was my fault but im going to pin it on the other guy regardless even though we live in the digital age where it's too easy to pull up past events lol
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  92. if they can replace you... they will replace you. they don't just hire us out of the kindness of their hearts. they want something done and we're the cheapest option to do it. once they got something cheaper... than it 's out with us and in with the new. same old sh-t. the elitees are so happy as they can finally break from human labor. we have no more leverage.
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  93. billions...
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