
Portuguese: 
Tenho uma pergunta simples à qual ninguém parece capaz de responder. Alguns não respondem.
Onde está o dinheiro?
Olá, o meu nome é Jo Roderick, e apesar de não ser economista,
interesso-me por assuntos mundiais.
Nesta primeira parte da série sobre dinheiro, estou investigando a questão
que não parece incomodar muita gente.
Tenho perguntado isto há décadas.
Até ao movimento de cryptocurrency e blockchain, isto ficou sem resposta.
Eu sou uma pessoa prática, preto e branco.
Os problemas dos assuntos mundiais e, em especial, o Banco Mundial,
não fazem sentido para mim. Os bancos centrais também desafiam a lógica.
são como o elástico, flexível e extensível até que um pagamento falhe.
Dizem-mos para não nos preocuparmos com essas coisas e, em seguida, batem-nos na cabeça como se fôssemos crianças.
Enquanto alguns podem ser carneiros, nós não somos crianças,

English: 
I have a simple question that no one seems able to answer. Some WON'T answer.
Where is the money?
Hi, my name is Jo Roderick, and while I'm not an economist,
I take a passing interest in world affairs.
In this first part of the money series, I am looking at the question
that doesn't seem to bother enough people.
I've been asking this for decades.
Until the cryptocurrency and blockchain movement, it remained unanswered.
I'm a practical, black and white sort of human.
The shenanigans of world affairs, and more importantly the World Bank,
make no sense to me. Central banks also defy all logic.
They are like rubber bands, pliant and stretchy until you miss a payment.
We are told not to worry about these things, and then patted on the head as if we were children.
While some might be sheeple, we are not kids.

English: 
I have a simple question that no one seems
able to answer. Some WON'T answer.
Where is the money?
Hi, my name is Jo Roderick, and while I'm
not an economist,
I take a passing interest in world affairs.
In this first part of the money series, I
am looking at the question
that doesn't seem to bother enough people.
I've been asking this for decades.
Until the cryptocurrency and blockchain movement,
it remained unanswered.
I'm a practical, black and white sort of human.
The shenanigans of world affairs, and more
importantly the World Bank,
make no sense to me. Central banks also defy all logic.
They are like rubber bands, pliant and stretchy
until you miss a payment.
We are told not to worry about these things,
and then patted on the head as if we were children.
While some might be sheeple, we are not kids.

English: 
We are adults and we need to be present and accountable.
I might be a tad dyslexic, but I can do basic maths,
and something definitely does not add up.
We need to take heed, or we will be the sole
recipients of the challenges up ahead.
It's not way off in the distant future because
the mess has arrived.
The trouble caused by those in power will
have to be dealt with by us: the little people.
I'll break it down into simple, easy-to-understand
basics.
If you have more of an outlay of funds than
you have income, you are in the red zone.
We call this debt.
Simple, right? We are told not to live beyond
our means.
Stop shopping until you drop, and put your
hard-earnt cash in the bank!
That wasn't too hard to grasp.
What baffles me is how an entire
country ends up in debt.
Seriously, exactly how does a country go bang?
"Oh dear! So sorry, but we can't pay you."
How does this happen?
The common folk pay tax, they buy things,
there is trade happening, and well ...
the rest is dull.

Portuguese: 
somos adultos e devemos ser responsáveis.
Posso ser um pouco disléxico, mas sei as bases da matemática,
e algo está definitivamente errado na conta.
Precisamos ter cuidado, ou seremos os únicos recipientes dos desafios no futuro.
Não num futuro distante, porque a desordem já chegou.
Os problemas causados por aqueles no poder terá de ser resolvido por nós: as pessoas comuns.
Vou  explicar em noções simpes, básicas, e fáceis de compreeder.
Se desembolar mais fundos do que tem de rendimento, está na zona vermelha.
Nós chamamos a isto dívida.
Simples, certo? Dizem-nos para não gastar além dos nossos meios.
Pare de fazer compras até cair, e ponha o seu dinheiro no banco!
Isto não é muito difícil de entender.
O que me faz confusão é como um país inteiro acaba em dívida.
A sério, exactamente como é que um país se arruina?
"Oh! Desculpe, mas não lhe podemos pagar." Como acontece isto?
O povo paga impostos, compram coisas, o comércio existe, e bem...
o resto é maçador.

English: 
We are adults and we need to be present and accountable.
I might be a tad dyslexic, but I can do basic maths,
and something definitely does not add up.
We need to take heed, or we will be the sole recipients of the challenges up ahead.
It's not way off in the distant future because the mess has arrived.
The trouble caused by those in power will have to be dealt with by us: the little people.
I'll break it down into simple, easy-to-understand basics.
If you have more of an outlay of funds than you have income, you are in the red zone.
We call this debt.
Simple, right? We are told not to live beyond our means.
Stop shopping until you drop, and put your hard-earnt cash in the bank!
That wasn't too hard to grasp.
What baffles me is how an entire country ends up in debt.
Seriously, exactly how does a country go bang?
"Oh dear! So sorry, but we can't pay you." How does this happen?
The common folk pay tax, they buy things, there is trade happening, and well ...
the rest is dull.

English: 
We could simply write it all off against the
fact that that particular country has gone
out on a shopping spree, and hasn't earnt
enough money to pay the bills.
Actually, this is pretty much what happens.
The country defaults on its payments and 
sinks into greater debt.
Okay, we understand that much ....
Going back to my buying and selling model,
Country A has spent a fortune on Country B's products.
As a result, Country A is now bankrupt.
With this simple equation, we expect that
Country B holds all the cash!
This is where things become a little grey,
and I don't like grey.
It's an excuse to hide the truth.
The trouble is that when we peer into Country
B's coffers, we see that Mister Money Bags
is also broke or only just breaking even.
Almost all countries are in now debt. How
on earth can that be? Where is the cash?
If money has been earnt, and spent, 
someone must hold all the 'zeroes'.
Yet everyone is 'broke' and piling up the
debt. From individuals, to entire countries:

English: 
We could simply write it all off against the fact that that particular country has gone
out on a shopping spree, and hasn't earnt enough money to pay the bills.
Actually, this is pretty much what happens.
The country defaults on its payments and sinks into greater debt.
Okay, we understand that much ....
Going back to my buying and selling model, Country A has spent a fortune on Country B's products.
As a result, Country A is now bankrupt.
With this simple equation, we expect that Country B holds all the cash!
This is where things become a little grey, and I don't like grey.
It's an excuse to hide the truth.
The trouble is that when we peer into Country B's coffers, we see that Mister Money Bags
is also broke or only just breaking even.
Almost all countries are in now debt. How on earth can that be? Where is the cash?
If money has been earnt, and spent, someone must hold all the 'zeroes'.
Yet everyone is 'broke' and piling up the debt. From individuals, to entire countries:

Portuguese: 
podemos simplesmente contrabalançar tudo contra o facto de que determinado país tem 
feito demasiadas compras e não ganhou dinheiro suficiente para pagar a conta.
Na verdade, isso é realmente o que acontece.
O país falha nos seus pagamentos e afunda-se em mais dívida.
Okay, entendemos tudo isto ....
Voltando ao meu modelo de compra e venda, o país A gastou uma fortuna nos produtos do país B.
Em resultado, o país A faliu.
Com esta simples equação, supomos que o país B possui todo o dinheiro!
Este é o lugar onde as coisas se tornam um pouco confusas, e eu não gosto de confusão.
É uma desculpa para ocultar a verdade.
O problema é que quando  espreitamos os cofres do país B, vemos que o senhor Ricaço
também faliu ou apenas sonrevive.
Quase todos os países estão agora em dívida. Como pode isto ser? Onde está o dinheiro?
Se o dinheiro foi ganho e gasto, alguém deve possuir todos os "zeros".
Mas todos estão sem fundos e acumulando dívidas. Desde pessoas a países inteiros:

Portuguese: 
o mundo está falido.
Terá o Banco Mundial o dinheiro? Estará ele mantendo-nos reféns?
Aonde é que o Banco Mundial obtem todo o seu dinheiro?
Afinal, ele dá empréstimos a nações a torto e a direito.
Talvez seja mais perto da verdade que os governos estão simplesmente imprimindo notas ás dúzias.
Se você e eu imprimirmos algumas novas notas, chama-se falsificação.
Quando os bancos centrais fazer isso, no entanto, está tudo bem. É para ajudar a economia.
Certo, enfraquecer o valor de uma moeda fiduciária é sempre uma óptima maneira de resolver desafios financeiros.
Quase tão eficaz como varrer o pó para debaixo do tapete.
As despesas governamentais têm crescido em alarmante taxa exponencial
resultando em crescente demanda fiscal.
De alguma forma, estas contas têm de ser pagas. Os funcionários públicos não vai trabalhar de graça,
Assim algumas notas extra escorregam para o sistema para lhes pagar.
Ninguém vai notar; certo? Suborno e corrupção rapidamente cuidam do equilíbrio
do dinheiro dos contribuintes já desperdiçado.
O Tio Bob, do Zimbábue é o mais famoso exemplo de como

English: 
the world is bankrupt.
Is the World Bank holding the cash? Are they
holding us hostage?
Where does the World Bank get all its money?
After all, they willy-nilly give out loans to nations.
Perhaps closer to the truth is that governments
are simply printing out banknotes by the dozen.
If you and I print up a few crispy new banknotes, it's called counterfeiting.
When central banks do this, however,
it's okay. It's to help the economy.
Sure, weakening the value of a fiat currency is
always a great way to fix financial challenges.
Almost as effective as sweeping the dirt
right under the rug.
Government expenditure has grown at
an alarming exponential rate
resulting in ever-increasing fiscal demand.
Somehow, these bills must be paid.
Public officials won't work for free,
so a few extra banknotes are slipped
into the system to pay them.
No one will ever notice; right? Bribery and
corruption swiftly takes care of the balance
of the tax money not already squandered.
Uncle Bob from Zimbabwe is the most 
renowned example of how

English: 
the world is bankrupt.
Is the World Bank holding the cash? Are they holding us hostage?
Where does the World Bank get all its money?
After all, they willy-nilly give out loans to nations.
Perhaps closer to the truth is that governments are simply printing out banknotes by the dozen.
If you and I print up a few crispy new banknotes, it's called counterfeiting.
When central banks do this, however, it's okay. It's to help the economy.
Sure, weakening the value of a fiat currency is always a great way to fix financial challenges.
Almost as effective as sweeping the dirt right under the rug.
Government expenditure has grown at an alarming exponential rate
resulting in ever-increasing fiscal demand.
Somehow, these bills must be paid. Public officials won't work for free,
so a few extra banknotes are slipped into the system to pay them.
No one will ever notice; right? Bribery and corruption swiftly takes care of the balance
of the tax money not already squandered.
Uncle Bob from Zimbabwe is the most renowned example of how

English: 
you cannot keep printing money to pay the bills.
The Zimbabwean dollar is now literally worth
less than the paper it's printed on.
It's so bad that Mugabe is encouraging everyone
to use South African rands.
I think he missed the memo informing everyone
of how weak our currency is.
Over time, while we sat by and tut-tuted,
we have become ensnared
in this dreadful web of deceit and subornation.
Now we are subjected to this financial mess.
Don't despair because it's up to us
to change this trajectory.
Let's face it; government has created the
problem, and they are yet to fix it.
We will have to repair what the
authorities have broken.
In the next segment, I am going to discuss
the modern version of slavery.
Yes, folks ... it's alive and well. You can
set yourself free once you recognise it.
Subscribe now, and get future updates to this
monetary miniseries.
If you enjoyed this video, please give it
a thumbs-up.
Do you have any questions or want to 
contribute to the discussion?
Please leave a comment below.

Portuguese: 
não se pode continuar a imprimir dinheiro para pagar as contas.
O dólar do Zimbabué vale agora literalmente menos do que o papel em que é impresso.
Está tão mau que Mugabe encoraja todas as pessoas a usarem rands Sul-Africanos.
Penso que ele não leu o memorando informando todos quão fraca é a nossa moeda.
Ao longo do tempo, enquanto ficamos sentados inactivos, fomos enredados
nesta terrível teia de fraude e suborno.
Agora estamos submetidos a esta desordem financeira.
Não desespere porque cabe-nos a nós mudar esta trajectória.
Vamos enfrentá-la; o governo criou o problema, e continua sem o resolver.
Teremos que reparar o dano que as autoridades causaram.
No próximo segmento, irei discutir a versão moderna de escravidão.
Sim, gente... ela está viva e bem. Pode livrar-se dela quando a reconhecer.
Inscreva-se agora, e receba as futuras actualizações desta mini série monetária.
Se gostou deste vídeo, por favor apoie-o.
Tem alguma pergunta ou deseja contribuir para a discussão?
Por favor, deixe um comentário abaixo.

English: 
you cannot keep printing money to pay the bills.
The Zimbabwean dollar is now literally worth less than the paper it's printed on.
It's so bad that Mugabe is encouraging everyone to use South African rands.
I think he missed the memo informing everyone of how weak our currency is.
Over time, while we sat by and tut-tuted, we have become ensnared
in this dreadful web of deceit and subornation.
Now we are subjected to this financial mess.
Don't despair because it's up to us to change this trajectory.
Let's face it; government has created the problem, and they are yet to fix it.
We will have to repair what the authorities have broken.
In the next segment, I am going to discuss the modern version of slavery.
Yes, folks ... it's alive and well. You can set yourself free once you recognise it.
Subscribe now, and get future updates to this monetary miniseries.
If you enjoyed this video, please give it a thumbs-up.
Do you have any questions or want to contribute to the discussion?
Please leave a comment below.
