Dein Geld wird immer weniger wert - Geld heute ist nicht mehr als Papier
In diesem Video erfährst du die schockierende Wahrheit über den Goldstandard. Wir gehen darauf ein, warum der Goldstandard abgeschafft wurde, warum dein Vermögen in Gefahr ist, wie Gold dich retten könnte und wie ein Goldstandard heute aussehen könnte. Zudem behandeln wir wie wahrscheinlich eine Rückkehr zu Goldgedeckten Währungen ist.
Wenn du dich für Gold, Edelmetalle, Inflation, Finanzschutz & Vermögenssicherung interessierst, ist dieses Video Pflicht! Teile deine Meinung zum Goldstandard in den Kommentaren – und vergiss nicht, das Video zu liken und mit deinen Freunden zu teilen. Dieses Video stellt keine Anlageberatung dar, sondern meine persönliche Meinung auf Basis intensiver Recherchen.
Gliederung: 00:00 Papiergeld ist Wertlos/98% wertverlust 00:52 was ist ein Goldstandard 02:22 die Abschaffung des Goldstandards (warum kein Goldstandard mehr) 03:45 die Ära des Fiat - Gelds 05:30 Vor uns Nachteile von Fiat-/Papiergeld 06:55 wird es eine Rückkehr zum Goldstandard geben? 08:22 diese Schlüsse solltest du ziehen 09:52 Outro
00:00Imagine waking up one morning and finding that all your savings have lost 98% of their value overnight.
00:08Sounds like a nightmare? But that's already reality.
00:12Because that is exactly what has happened to the US dollar since 1970.
00:16And the same story is happening with virtually every currency in the world.
00:21What if I told you that this is no coincidence,
00:23but the direct result of one of the most consequential economic policy decisions of the 20th century.
00:28So welcome back.
00:31Today we talk about the gold standard and how its abolition changed our monetary system forever.
00:35I will show you in the next few minutes why this story is not only relevant for economic experts,
00:41but has a direct impact on your assets.
00:44Today more than ever.
00:45If you are interested in precious metals or financial education in general,
00:49Feel free to leave one on this channel.
00:51Part 1. What is a gold standard?
00:54Let's start with the foundation. What exactly is a gold standard?
00:58Essentially, the gold standard is a monetary system in which a country's currency is directly pegged to gold.
01:04Imagine that for every banknote in your pocket there is a corresponding gold equivalent somewhere in the vaults of the central bank.
01:11Under this system, every citizen could exchange his paper currency for physical gold at a fixed rate at any time.
01:17Never more paper money may be issued than is actually backed by gold.
01:22This creates a crucial feature.
01:24Trust.
01:25When you know that your money is backed by something real, valuable and limited,
01:30This gives you a security that goes far beyond the evil promises of a government.
01:35The classical gold standard began in 1871 when Germany introduced the Reichsmark as a strictly gold-backed currency.
01:42By 1900, virtually all major economic powers worldwide had followed suit.
01:46In the USA, the gold standard was officially established by the Gold Standard Act of 1900.
01:52Why was this system so popular?
01:54Very easy.
01:55It created stability.
01:57The money supply could not be increased arbitrarily because it was tied to the physical quantities of gold.
02:02This prevented excessive inflation and ensured price stability over long periods.
02:08A fascinating example.
02:09A high-quality men's suit costs about the same amount of gold today as it did a century ago.
02:15But in dollar terms, the price has multiplied.
02:18Measured in gold, it remained surprisingly constant.
02:20Part 2. The abolition of the gold standard.
02:24But what happened to this seemingly perfect system?
02:27Why did we give up?
02:29The history of abolition began with the First World War.
02:32To finance the immense costs of the war, many countries temporarily suspended the gold standard.
02:37They needed the freedom to print more money than they could back up their gold reserves.
02:41The next blow came during the Great Depression that began in 1929.
02:46The rigid rules of the gold standard made it difficult for governments to respond flexibly to the crisis.
02:51Great Britain therefore left the system as early as 1931.
02:54But the truly dramatic turning point came in 1933, when US President Franklin D. Roosevelt banned private gold ownership for US citizens.
03:04Yes, you heard right.
03:06Americans were actually banned from owning gold.
03:09With the so-called Executive Order 6102, citizens had to hand over their money.
03:14This is punishable by up to 10 years in prison.
03:16From 1934 to 1971, a modified gold standard remained in place, but only for international transactions between states.
03:24And then, on August 15, 1971, President Nixon completely suspended the gold convertibility of the dollar.
03:32An event that went down in history as the Nixon Shock.
03:35This decision marked the final end of the gold standard and the beginning of a new era.
03:41The era of fiat money.
03:43Part 3. The era of fiat money.
03:45What exactly is fiat money?
03:48The term comes from the Latin fiat for “Let it be.”
03:51And that describes it quite well.
03:53It is money that does not derive its value from any intrinsic value or link to gold or silver,
03:58but solely by government regulation.
04:01It is declared legal tender by decree.
04:04In other words, your money is only worth something today because governments say it is.
04:10It is not backed by gold or any other real value.
04:13It's basically just printed paper.
04:16Or even more abstractly, digital numbers on a screen.
04:20The consequences of this change were profound.
04:23First.
04:24Monetary policy became significantly more flexible.
04:27Central banks can now expand or decrease the money supply at will without being constrained by gold reserves.
04:33Not necessarily a good thing, if you ask me.
04:35Secondly.
04:37Government debt exploded.
04:39Without the discipline of the gold standard, governments could print unlimited amounts of money to finance their spending.
04:45The US national debt rose from about $40 million in 1971 to over $34 trillion today.
04:53So an increase of more than 85 times.
04:56Third.
04:58And perhaps most importantly.
04:59Continuous inflation became the norm.
05:02Under the gold standard there were periods of inflation and deflation.
05:06But in the long term, prices remained stable.
05:08Since the abolition of the gold standard, we have experienced permanent monetary devaluation.
05:13Ask your grandparents how much a loaf of bread, a house or a car cost when they were young.
05:17The answer will shock you.
05:19Not because things were so cheap back then, but because our money has lost purchasing power dramatically since then.
05:25It is worth almost nothing and has lost almost 98% of its purchasing power.
05:29Part 4. Advantages and disadvantages of the fiat money system
05:32Proponents of fiat money argue that it offers the following advantages.
05:37It enables a flexible response to economic crises.
05:40During the 2008 financial crisis and the 2019 Covid pandemic, central banks were able to massively expand the money supply to prevent economic collapse.
05:50However, this is also the biggest disadvantage in the long term.
05:53It promotes economic growth because the money supply can grow with the economy rather than being limited by the limited amount of gold.
06:00It facilitates international trade through flexible exchange rates that can adapt to changing economic conditions.
06:07But this flexibility comes with a high price.
06:10Inflation continually erodes the purchasing power of your money.
06:14What is worth 100 euros today may only have a purchasing power of 40 euros in 20 years.
06:19National debt rose immeasurably because governments are no longer constrained by gold limits.
06:25These debts will ultimately be passed on to future generations.
06:28And at some point there will be a big bang.
06:31We are getting closer and closer to that.
06:33Currency volatility is increasing.
06:35Without the stability of gold, currencies fluctuate dramatically, making planning security difficult.
06:40Most seriously, fiat money shifts power from citizens to central banks and governments.
06:46They alone decide on the money supply and thus indirectly on the value of your savings.
06:51And all this without you having any say.
06:53Part 5. A Return to the Gold Standard
06:56Could there be a return to the gold standard?
06:59This question is becoming increasingly relevant in the current times of massive monetary expansion and inflation.
07:05Some economists and political movements actually advocate a return.
07:10They argue that a new gold standard would curb inflation,
07:14would force governments to exercise fiscal discipline,
07:16would create a stable monetary system,
07:19would decentralize power and shift it back from the state to the citizens.
07:22However, there are also counterarguments.
07:25The global gold supply grows by only about 1.5% per year,
07:28which could potentially have a deflationary effect in the event of economic growth.
07:32Adapting to economic shocks would be much more difficult
07:35and the transition from the current system would be extremely complex and potentially destabilizing.
07:41Interestingly, there are signs
07:43that gold could experience a renaissance as an internationally recognized measure of value.
07:47In particular, the BRICS countries, i.e. Brazil, Russia, India, China and South Africa,
07:53have signaled interest in gold-backed transactions.
07:57Russia has specifically proposed
07:59To use gold as a medium for trade settlements within the BRICS.
08:03This could be the beginning of a gradual return to gold-backed currency.
08:07Not necessarily to a complete gold standard like before,
08:09but possibly a hybrid form.
08:11What does this mean for investors?
08:14What does this mean specifically for you as an investor?
08:17What conclusions should you draw from this story?
08:19Of course, it should be said again here,
08:21that this is just my personal opinion and not investment advice.
08:25But let’s get to the points.
08:261. In a fiat money system, inflation is not an anomaly.
08:30It is a feature of the system.
08:32It is wanted.
08:33The money in your account is continually losing value.
08:36A 2% inflation rate, often described as healthy by central banks,
08:41halves the purchasing power of your money in about 35 years.
08:442. Physical gold offers protection against systemic monetary devaluation.
08:49While no investment is perfect, gold has retained its value for thousands of years.
08:53It is no coincidence that central banks themselves in recent years
08:56have massively increased their gold reserves.
08:593. Diversification is crucial.
09:02The smartest investors spread their assets across different asset classes.
09:06And physical gold often plays a central role as a hedge
09:09against currency risks and inflation.
09:124. Education is the best defense.
09:15The better you understand the mechanisms of our monetary system,
09:18the better you can protect yourself and your assets.
09:21So why don't you leave a free subscription to this channel?
09:24The history of the gold standard is more than a chapter in economics books.
09:28It is the story of how fundamental changes in the monetary system
09:31have a direct impact on each of us.
09:34What do you think? Was the abolition of the gold standard a necessary step
09:38for a more flexible, modern economy
09:39or the beginning of a dangerous era of monetary devaluation?
09:43Share your opinion in the comments.
09:45I read every single one of them.
09:48If you have learned something, please share the knowledge with your friends,
09:51to inform them.
09:52Oh and one more thing.
09:53YouTube thinks this video will help you a lot.
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