00:00This is not even my opinion. The dollar is going to zero is a concept that's been around for a very
00:05long time. In fact, Warren Buffett's lifelong business partner, Charlie Munger, just recently
00:10said this about the dollar. The safe assumption for an investor is that over the next hundred
00:15years, the currency is going to zero. That's crazy. How does that make any sense? How is the
00:20dollar going to go to zero? This is not a Rick and Morty episode where there's a magical button
00:24that will change a one to a zero, collapsing the whole civilization. As long as we have faith in
00:29the dollar being worth $1, it'll always be worth $1. But that's not exactly true. And I found data
00:36that looks as far back as the 1600s to prove it. And here's exactly what happened. The value of the
00:42dollar has plummeted in the last 400 years, specifically in the year 1913, which is when
00:48we created the Federal Reserve and the central banking system.
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