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Latest comments made on this video:
By: ZSa7NBuA. on 22 May 12, 12:11:51
This is the first Kha nAcademy video am seeing and I hope there not all this poor. There's no difference between paper money and gold??? Intrinsic value, no counterparty? risk. An ounce of gold will always be an ounce of gold. The same cannot be said of fiat. Never has, never will. In the words of JP Morgan, gold is money, everything else is credit.
By: UmTheMuse. on 18 May 12, 20:26:08
It's very uselessness is part of why it used to be used as the international standard. If people were using goats or whatever, that's a barter economy. There would be no standard. For example, how much is a goat? worth? Well, if it's alive, somebody might want it for milk. I wouldn't, because I don't care for goat milk. If it's dead, it might be worth a different amount, depending on who feels like having goat meat. Now that gold has intrinsic value, it is worth different amounts.
By: nokkont. on 19 Apr 12, 19:37:47
Gays? check out how to become popular Russian invention /watch?v=Y-pztzYMasA&feature=g-upl&context=G2f02875AUAAAAAAAAAA
By: noorelahi1997. on 18 Apr 12, 17:28:09
You? sir are an A**hole
By: DerShermanator. on 15 Apr 12, 18:17:29
Seriously? He's a retired hedge fund manager. I think he knows more about the banking system than some guy who read a couple? pamphlets.
By: iknama. on 13 Apr 12, 16:51:07
I lost interest when he? said there was a pool of savings... He obviously doesn't understand the fractional reserve system. There is no such thing as reserves or savings... just numbers in a computer. I would suggest a careful read of Modern Money Mechanics and End the Fed
By: cullisonjt. on 08 Apr 12, 14:28:35
khanacademy,? you "have" to do work for gold no matter what the circumstances but not the same could not be said about paper. A good question in a fee market system why is there only one "private" Fed? Who always wins? Banks win in up and down times. Its a cartel. The simple fact that they are "private" and in control of the money supply with no competition should raise your eyebrow. Legalize competing currencies. Like you siad the colonies did it.
By: Bouncertt. on 05 Apr 12, 16:22:42
good point! scientists even started using for treating cancer (gold nanoparticels)?
By: Gelitifa. on 05 Apr 12, 08:38:49
Thank you very much for sharing. I will follow your videos for? sure. I really find your videos very interesting but I have something to say regarding your comment on gold not being useful apart from being pretty. Gold is actually very important in electronics because of its good conductivity and general resistance to oxidation and corrosion in other environments (including resistance to non-chlorinated acids) has led to its widespread industrial use.
By: MultiHappyballs. on 01 Apr 12, 20:20:01
Wonder how you feel about gold as compared to? the dollar today?
By: Nautilus1972. on 01 Apr 12, 09:53:22
"It is well enough that people of the nation do? not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -Henry Ford
By: Nautilus1972. on 01 Apr 12, 09:53:18
"If? Americans ever allow banks to control the issue of their currency, first by inflation and then by deflation, the banks will deprive the people of all property until their children will wake up homeless" - Thomas Jefferson "Give me control of a nation's money and I care not who makes her laws." - Mayer Amschel Rothschild
By: Nautilus1972. on 01 Apr 12, 09:52:52
And remember that they lend out much more than? that. Wall street derivatives allow people to bet on markets falling, the people who have the power to collapse those markets are their biggest investors. Increase money supply = boom. Decrease money supply = recession. All recessions are deliberately caused by the big banks. This is basic economics.
By: Nautilus1972. on 01 Apr 12, 09:49:43
Because it is unconstitutional for a cadre of private banks, such as the Federal Reserve, to control money supply. They lend every dollar printed at interest to the Government - they are not 'Federal' in the slightest. This is why the loan made to the government in 1933 can never be paid off and partly the reason why? the country is 15T in debt. It's a scam that will be 100 years old next year. Research 'money as debt' and wake up.
By: HandsOffLibya. on 31 Mar 12, 00:41:06
gold IS more valuable than paper and always will be. Paper currencies always fail in the long-run no matter how much they buy in? the present.
By: debluecat. on 28 Mar 12, 02:55:06
Khan,? I admire what you have done so far. How kind you are.
By: Aaronandfabs. on 27 Mar 12, 19:17:31
4:00? hahaha he said dig :3
By: delindaiamajyc34Rg. on 03 Mar 12, 12:13:16
Succee? to Invite 1 friend to jion IPHONE4 Lucky Draw,more draw code you get!NOT MISS! I8QZBI accuc.info
By: TheTidalforce. on 03 Mar 12, 09:58:14
*very deep voice* let me just draw it. ?
By: Edbrad. on 27 Feb 12, 16:26:20
- " Its sole value is not in being "pretty." " - It may have uses, but its main reason for being valued highly IS because its pretty.?
By: Edbrad. on 27 Feb 12, 16:25:46
- How isnt? it an asset?
By: StopTheMorons. on 25 Feb 12, 02:37:57
It touched a nerve for me and I can see? by the comments for many others as well when he said gold is valued because it's "pretty".
By: yaqubali. on 23 Feb 12, 23:18:46
the fractional banking simply means if a bank has 100 dollars they can? loan out 1000 dollars creating 900$ out of thin air... that's simply wrong
By: earlrhee. on 23 Feb 12, 22:29:40
Not necessarily. It usually serves? as a buffer against deflation.
By: QCREIGN. on 21 Feb 12, 04:26:18
That is incorrect about gold. Gold is a superconductive metal. It has electronic and industrial applications. Not to mention it has been a store of value for thousands of years.?