Why does the USA borrow if it can print the world’s money? Take a deep dive into the history of Monetary Theory.
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In 1971, Nixon dropped a financial bomb more powerful than any nuke – ending the gold standard forever. This video explores how money evolved from rice to gold to pure debt, why the US debt is unique compared to other countries and how the dollar became the world’s game money. Why does the US government need to borrow money if it can create it? Is USA $36 trillion debt heading for collapse or is this just how modern money works? I explore both perspectives through a simple board game analogy anyone can understand..

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Time Stamps:
0:00 – Intro
1:00 – The US becomes the Monopoly banker
2:00 – The $36 trillion debt paradox
3:00 – Money origins: Rice as the first currency
4:00 – Labor theory of value and food wealth
5:30 – Problems with rice money and rise of gold
7:00 – How natural prices emerge (two-tank analogy)
8:30 – Inflation/deflation: winners and losers
11:30 – Wörgl’s experiment and MV=PQ
13:00 – Venice’s crisis and forced loans
14:30 – Birth of debt-based money
16:00 – Goldsmiths and fractional reserve banking
18:00 – Credit collapse and chains of debt
19:30 – Central banking and financial stability
21:00 – Wartime monetary expansion
22:30 – Bretton Woods and dollar dominance
24:00 – Nixon’s decision and the fiat era
25:30 – The three-tier monetary world
27:00 – Modern implications: debt vs. growth
28:30 – Conclusion: The future of money

keywords:
How do Treasury bond yields and Federal Reserve policies impact the debt crisis?
What does this mean for inflation and global trade in 2025?
Can the U.S. sustain this debt, or are we on the brink of a financial reset?
Economics 101 – ECON101
Bond Crisis

Concerns linger about the rising national debt, with 22 cents of every rand servicing interest payments. While the infrastructure allocation in Budget 3.0 has been praised, many are questioning whether the promised projects will ever be delivered. CEO of the Black Business Council, Kganki Matabane, spoke to #eNCA #DStv403

Featuring:
Chris Goodman, University of South Carolina (Moderator)
Fred Blavin, Urban Institute
Kelsey Chalmers, Lown Institute
Noam Levey, KFF Health News
Matthew Rae, KFF

On May 15, 2025, the Lown Institute convened policymakers, hospitals, patient advocates, researchers, and other experts on medical debt for a one-day, in-person conference. The discussion focused on the scope of the problem, key drivers, and emerging challenges and opportunities to address medical debt with a new administration.

Learn more about the event: https://lowninstitute.org/register-the-state-of-medical-debt-in-the-u-s/

Download our dataset: https://lowninstitute.org/projects/hospital-billing-and-collection-practices-a-national-data-set/#

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Your ex just filed for bankruptcy. Here’s how to protect yourself if you still own property together.
 
#reesebaker #debtconsolidation #debtconsolidationlawyer #lawyer #debtpayoff #attorney #bankruptcy #personalfinance

Join us for “Pioneering Tomorrow: AI Applications in Life Sciences—Transforming Healthcare, Counselling, and ESG for a Smarter, Healthier and Sustainable Future,” a groundbreaking talk by Paul Fraley. This session will delve into the cutting-edge applications of Artificial Intelligence in healthcare, counselling, and Environmental, Social, and Governance (ESG) sectors. Paul Fraley, with his extensive experience in digital healthcare and AI, will explore how AI technologies are revolutionizing patient care, enhancing decision-making in healthcare settings, and fostering sustainable practices across these critical fields. Through real-world examples and insights, attendees will gain a deeper understanding of AI’s transformative potential and its role in shaping a more sustainable future.

Speaker: Mr Paul Fraley, AI Expert and Technology Innovator
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Disclaimer:
This channel’s information should not be construed or relied on as professional advice for any specific fact or circumstance. This channel and its content are designed for entertainment and information purposes only. The content available is created to provide a general overview of a topic and is not a substitute for professional services. Always seek the advice of a finance or legal professional who will consider your circumstances. Opinions expressed are solely my own. Only publicly available information has been used.

A major investment has been made to improve the financial health and literacy of vulnerable Barbadian families.

The Barbados Public Workers Co-op Credit Union Limited presented sponsorship of $12,000 to the Ministry of People Empowerment and Elder Affairs’ One Family Programme.

The funds will directly support the delivery of comprehensive financial counselling and management sessions to eligible families under the One Family Programme.

Starting from June, the credit union’s trained financial wellness partners will work with the target families, covering topics including budgeting, saving, debt management, and setting achievable financial goals.

Minister of People Empowerment and Elder Affairs, Kirk Humphrey, says the programme welcomes the credit union as a partner in the ongoing effort to promote financial literacy and empower at-risk Barbadian families with essential money management skills.

Meanwhile, the credit union’s Chief Marketing and Customer Experience Officer, Gail Niles-Best, says the sponsorship forms part of the company’s long-standing commitment to strengthening communities through education and financial empowerment.

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National Debt Relief Review: See how it works, who qualifies, and whether it’s the right solution for your debt.
???? Get National Debt Relief ? https://bit.ly/3GRfLaR
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National Debt Relief Review: See how it works, who qualifies, and whether it’s the right solution for your debt.

Timestamp Sections:
00:00 Intro
00:49 About National Debt Relief
01:13 How It Works
01:53 Credit Scores
02:16 Cost
02:42 Negotiation
03:03 Final Thoughts
03:37 Outro

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National Debt Relief: How It Works
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National Debt Relief helps individuals negotiate and settle unsecured debts like credit cards, medical bills, and personal loans. The process starts with a free consultation, where a representative evaluates a person’s financial situation. If eligible, the client deposits money monthly into a dedicated account, which is later used for lump-sum settlements with creditors. While this can lower the total debt owed, the process typically takes two to four years and requires consistent payments to succeed.

————————————————
Pros and Cons of National Debt Relief
————————————————

The biggest advantage of National Debt Relief is the potential to reduce overall debt and simplify payments into a single deposit. This can make budgeting easier and provide financial relief. However, drawbacks include credit score damage due to paused payments, fees ranging from 15% to 25% of the enrolled debt, and no guarantee that all creditors will settle. Additionally, forgiven debt might be taxable, and legal actions from creditors remain a possibility.

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Alternatives to Consider
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Besides debt settlement, options like debt consolidation loans, DIY negotiations, and even bankruptcy exist. A consolidation loan can preserve a credit score but requires a good financial standing, while self-negotiation saves on fees but demands time and skill. Bankruptcy can offer a fresh start but has long-term credit consequences. Before enrolling in any program, it’s crucial to evaluate fees, timeline, impact on credit, and tax implications to make an informed decision.

Hope you enjoyed my National Debt Relief Review | Is It Legit or Just Another Debt Scam? Video.

A report from Axios indicates ongoing discussions within the Department of Education about the intensity and timeline for pursuing borrowers struggling to make payments. The U.S. Department of Education has identified that over 5 million borrowers are already in default, facing potential wage and tax refund garnishments if they fail to resume payments.

In New York State alone, 2.5 million borrowers owe an average of $39,000 each.

A student loan expert speaking to CBS6 offered advice.
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WRGB is a NY based station and a CBS Television affiliate owned and operated by Sinclair Broadcast Group. Sinclair Broadcast Group, Inc. is one of the largest and most diversified television broadcasting companies in the country today. Sinclair owns and operates, programs or provides sales services to 163 television stations in 77 markets, after pending transactions. Sinclair’s television group reaches approximately 38.7% of US television households and includes FOX, ABC, MyTV, CW, CBS, NBC, Univision and Azteca affiliates.

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????You should consider debt counselling if you are: Struggling to afford your monthly debt repayments? Feeling overwhelmed by creditors? Debt counselling might be the solution you need! In this video, I break down why debt counselling is a smart choice for South Africans who are drowning in debt.

???? What You’ll Learn in This Video:
? What is debt counselling?
? How it protects you from creditors & legal action
? How it reduces your monthly payments & interest rates
? How it helps you become debt-free!

? Take Control of Your Finances Today!
? If you’re in debt and need help, don’t wait until it’s too late.

Debt counselling is a legal and structured way to regain financial freedom.

???? Got questions about debt counselling? Drop them in the comments below!

???? Don’t forget to LIKE ????, SUBSCRIBE ????, and SHARE this video with someone who might need help!

Email: jacques@debtwipe.co.za
Website: debtwipe.co.za
WhatsApp: 073 285 4196