
Portuguese: 
Independentemente da sua opinião de quanto regulamento ou intervenção do quanto o governo deve ter
nos mercados e no capitalismo em geral, eu acho que é interessante dar uma olhada em vários ciclos
Isso já aconteceu nos Estados Unidos, tanto do ponto de vista económico, como também de uma regulamentação
ponto de vista. E se nós começarmos no 1800 ' s atrasado e no 1800 ' s atrasado que tivemos a Guerra Civil, nós temos
tinha reconstrução. Você realmente tem uma crise — tipo de uma depressão após a Guerra Civil, mas, então
Depois dessa depressão no final de 1800, os Estados Unidos vem rugindo volta e ele se tornar um
grande nação industrializada. E faça parte do que industrializando processo tem alguns colegas que se tornam
muito, muito, muito ricos. Você tem Cornelius Vanderbilt - sua riqueza era o trilho e os vapores
-- John d. Rockefeller, conhecido por algumas pessoas como o homem mais rico da história. E que podem ou não

Spanish: 
Independiente de su opinión de cuanto regulación o intervención el gobierno debe tener
en los mercados y en el capitalismo generalmente, pienso que es interesante de ver los ciclos diferentes
que han ocurrido en los Estados Unidos, ambos de un punto de vista economica y de un punto de vista regulador.
Y si empecemos en los fines de los 1800s, ya tuvimos la Guerra Civil y
ya tuvimos la Reconstrucción. En realidad, tenías un crisis -- como un tipo de depresión después de la Guerra Civil, pero
después de eso depresión al fines de 1800s, el Estados Unidos fue resucitado y se convirtió en una
país industrializado muy importante. Y parte de eso proceso industrializado, tenías unos hombres que se hizo
muy, muy, muy ricos. Tenías Cornelius Vanderbilt -- su riqueza era en los trenes y barcos de vapor.
-- John D. Rockefeller, conocen de unos como el hombre más rico de la historia. Y eso puede o no puede

Dutch: 
Los van je mening over hoeveel regelgeving of tussenkomst de regering zou moeten geven
in markten en kapitalisme in het algemeen, vind ik het interessant om te kijken naar de diverse cycli
die zijn voorgekomen in de Verenigde Staten, zowel uit economisch als uit oogpunt van regulering.
En als we in de late 19e eeuw beginnen, toen hadden we de Amerikaanse burgeroorlog en de wederopbouw.
Er is zelfs een crisis -- een soort depressie na de Burgeroorlog, maar toen
na die depressie aan het eind van de 19e eeuw, kwam de Verenigde Staten terug en werd een
grote geïndustrialiseerde natie. En als onderdeel van dat industrialisatieproces waren er mannen die
heel, heel, heel rijk werden. Er was Cornelius Vanderbilt -- zijn rijkdom kwam uit het spoor en de stoomboten
-- John D. Rockefeller, door sommige mensen de rijkste man uit de geschiedenis genoemd. En los van of dat echt zo was,

English: 
Regardless of your opinion
of how much regulation
or how much intervention
the government should have in markets,
in capitalism generally,
I think it's interesting to take a look
at the various cycles that have happened
in the United States,
both from an economic point of view
and also from a regulatory point of view.
If we start in the late 1800s,
in the late 1800s so
we've had the Civil War,
we've had Reconstruction.
You actually have a crisis,
kind of a depression after the Civil War,
but then after that depression,
at the end of the 1800s,
the United States comes roaring back.
It becomes a major industrialized nation.
And part of that industrializing process,
you have some gentlemen who become
very, very, very wealthy.
You have Cornelius Vanderbilt.
His wealth was in the rail
and in the steamboats.
John D. Rockefeller known by some people
as the wealthiest man in history.
That may or may not be the case,
but he was definitely the wealthiest man
in American history.

Chinese: 
針對政府介入市場經濟和資本主義經濟，你可能有自己的見解
我們可以回顧一下美國歷史上不同的經濟時期
同時從經濟學和政府管理的角度來分析這一問題
讓我們從19世紀後期開始看起，當時發生了南北戰爭，戰後進行了大規模經濟重建
人們在南北戰爭後會經曆沮喪情緒，或者危機感
但在悲痛之後的19世紀末，美國經濟飛速發展，並成爲世界工業大國
在美國工業化發展的過程中，有些人變得極爲富有
比如鐵路和航運大亨考尼列斯·範德比爾特
以及著名的全球首富約翰·洛克菲勒

Chinese: 
针对政府干预市场经济和资本主义经济，你可能有自己的见解
我们可以回顾一下美国历史上不同的经济时期
同时从经济学和政府管理的角度来分析这一问题
让我们从19世纪后期开始看起，当时发生了南北战争，战后进行了大规模经济重建
人们在南北战争后会经历沮丧情绪，或者危机感
但在悲痛之后的19世纪末，美国经济飞速发展，并成为世界工业大国
在美国工业化发展的过程中，有些人变得极为富有
比如铁路和航运大亨考尼列斯·范德比尔特
以及著名的全球首富约翰·洛克菲勒

Czech: 
Bez ohledu na to, na kolik by
měla vláda v kapitalistických státech
regulovat tržní hospodářství
nebo do jeho fungování zasahovat
Myslím, že je zajímavé, podívat se
na tržní cykly
v USA.
Zaměříme se na ekonomii
i na regulaci trhu.
Pokud začneme přelomem 18. a 19. století,
jsme v období po Občanské válce
v takzvaném období rekonstrukce.
Je to vlastně doba krize,
ekonomického propadu po válce,
Po tomto propadu ale
právě okolo roku 1800
roste ekonomický vliv USA
Jsou průmyslovou velmocí.
V rámci průmyslového rozvoje
se několika mužům podařilo
královsky zbohatnout.
Jedním z nich je Cornelius Vanderbilt.
Zbohatl na železnici a parolodích.
John D. Rockefeller je pro některé lidi
nejbohatším člověkem vůbec.
Nevíme, jestli je to opravdu tak,
ale určitě byl nejbohatším
Američanem v historii.
Když připočtete inflaci,

Burmese: 
လူမျိုး၊ဘာသာ၊ကျား၊မ မခွဲခြားဘဲ များပြားတဲ့စည်းမျဉ်းဥပဒေတွေပေါ်မှာ သင့်ရဲ့အမြင် ၊ သို့မဟုတ် ယေဘုယျအားဖြင့် အရင်းအနှီးနှင့် စျေးကွက်မှာ အစိုးရရဲ့ ကြားဝင်မှု့ ဘယ်လောက်များများ ရှိသင့်သလဲ
ကျွန်တော်ထင်တယ် ဒါက အမျိုးမျိုးသော စက်ဝိုင်းသံသရာလိုပဲ စိတ်ဝင်စားဖို့ကောင်းပါတယ်၊
ဒါဟာ အမေရိကန် ပြည်ထောင်စုမှာ ဖြစ်ပွားခဲ့တယ်၊ စီးပွားရေးဆိုင်ရာ အမြင် နှင့် စည်းမျဉ်းဥပဒေဆိုင်ရာ အမြင် နှစ်ခုစလုံးပဲ ဖြစ်တယ်
ကျွန်တော်တို့ ၁၈၀၀ ပြည့်နှစ်နောက်ပိုင်းမှ စတင်ခဲ့လျှင်၊ ၁၈၀၀ ပြည့်နှစ်နောက်ပိုင်းမှာ ကျွန်တော်တို့ဆီမှာ ပြည်တွင်းစစ်ဖြစ်ပွားခဲ့တယ်၊
ကျွန်တော်တို့ ပြန်လည်တည်ဆောက်ခဲ့ရတယ်၊ သင်ဟာ အမှန်တကယ်ပဲ စိတ်ဓတ်ကျဆင်းတဲ့ အကျပ်အတည်းမျိုး ရှိခဲ့တယ်၊ ဒါပေမဲ့
၁၈၀၀ပြည့်နှစ် အကုန်ပိုင်းမှာ စိတ်ဓတ်ကျဆင်းမှု့ ပြီးနောက်၊ အမေရိကန်ပြည်ထောင်စုဟာ နောက်တစ်ဖန်ပြန်လာခဲ့တယ်၊
အဓိကစက်မှု့လုပ်ငန်းလုပ်ကိုင်တဲ့ နိုင်ငံဖြစ်လာတယ်၊ ဒီစက်မှု့လုပ်ငန်းတွေရဲ့ အစိတ်အပိုင်းတွေဟာ အချို့သောလူကြီးလူကောင်းတွေရှိတယ်၊ သူတို့ဟာ အလွန့်အလွန် ကြွယ်ဝချမ်းသာလာတယ်
သင့်မှာ ကော်နဲလ်လီးယပ်စ် ဗန်ဒါဘဲလ် ဆိုတဲ့သူဟာ သူ့ရဲ့ကြွယ်ဝချမ်းသာမှု့ဟာ မီးရထားလမ်းနှင့် စတင်းလှေ လုပ်ငန်းတွေဖြစ်တယ်
ဂျွန် ဒီ ရော့ကဲလ်ဖဲလား ဆိုတဲ့သူကို အချို့သောလူတွေက သမိုင်းမှာ အချမ်းသာဆုံးပုဂ္ဂိုလ် လို့သိရှိခဲ့တယ်၊ဒါက ဖြစ်နိုင်တယ် သို့မဟုတ် မဖြစ်နိုင်ဘူး ပြောသောလည်း၊ သူဟာ အမေရိကန်သမိုင်းမှာ တိတိကျကျ အချမ်းသာဆုံး လူပုဂ္ဂိုလ်ဖြစ်တယ်၊အချို့သော စာရင်းတွေအရ ဒေါ်လာ ၁.၅ ဘီလျံရှိလိမ့်မယ်လို့ ပြောကြတယ်

Vietnamese: 
Bất kể ý kiến ​​của bạn về bao nhiêu chính phủ nên điều chỉnh hoặc can thiệp
thị trường và chủ nghĩa tư bản nói chung, tôi nghĩ rằng đó là thú vị để tập trung sự chú ý vào đa dạng
Chu kỳ Mỹ. Chúng ta nhìn vào chúng từ một quan điểm kinh tế mà còn từ một quy định
quan điểm. Nếu chúng ta bắt đầu suy nghĩ trong những năm cuối thế kỷ 19, chơi với cuộc nội chiến và
và thời gian của việc tái phát triển (tái thiết). Chúng tôi đã sở hữu cuộc khủng hoảng - sụp đổ kinh tế sau khi cuộc nội chiến. Tuy nhiên, sau đó
sau khi sụt giảm vào cuối thế kỷ 19, Hoa Kỳ trả lại rất tuyệt vời trở lại và trở thành chính
các quốc gia công nghiệp hóa. Một phần của quá trình công nghiệp là những người đàn ông đã trở thành
rất, rất, rất phong phú. Nó là cần thiết Cornelius Vanderbilt - tài sản của ông bắt nguồn từ các tuyến đường sắt và tàu hơi nước.
JOHN D. Rockerfeller, xem xét một số là người giàu nhất trong lịch sử. Dù sao

Portuguese: 
ser o caso, mas ele definitivamente era o homem mais rico da história americana - algumas contas vão dizer que ele tinha
1,5 bilhões de dólares — você pode dizer "Ei, bem! Eu conheço pessoas que têm mais de 1,5 bilhões de dólares."
Mas se você inflação ajustada a quantidade de dinheiro que John D Rockefeller tem
na virada do século
e vem a 400 bilhões de
600 bilhões de dólares para
Isso é muito mais do que alguém que conhecemos na atualidade
Você tem Andrew Carnegie no negócio aço
seu patrimônio líquido, se você olhar para a base de valor presente é de aproximadamente 300 bilhões
Você tem pessoas como J.P.Morgan
E, embora seu patrimônio também enorme quantidade enorme
Mas onde seus poderes em realmente, desde que ele era o tipo de um controle do mundo financeiro
naquele tempo
Seu poder financeiro foi tremenda talvez mais
que tipo de poder que estes senhores que exercem
a quantidade de energia que ele e seus sócios controlados através de suas várias explorações
Alguns disseram que era atingiu o montante de riqueza e
todos os Estados Unidos ao oeste do mississippi

Spanish: 
ser el caso, pero él claramente fue el hombre más rico de la historia estadounidense. Unas cuentas podría decir que él tenía
1.5 billones de dólares -- tú podrías decir "Pues Hey! Yo sé personas que tienen más de 1.5 billones de dólares"
Pero si usted inflación ajusta la cantidad de dinero John D Rockefeller ha
a comienzos del siglo
y sale a 400 billones a
600 billones de dólares para
Esto es mucho más que nadie que conocemos en la actualidad
Tienes Andrew Carnegie en el negocio de acero
su patrimonio neto, si nos fijamos en la base de valor actual es de aproximadamente 300 billones
Tienes gente como J.P.Morgan
Y aunque su patrimonio también enorme cantidad enorme
Pero donde sus poderes en realidad, ya que era el tipo de un control en el mundo financiero
en ese momento
Su poder financiero fue tremenda tal vez más
que el tipo de alimentación que estos señores a esgrimir que
la cantidad de energía que él y sus colaboradores se controlan a través de sus diversas participaciones
Algunos han dicho que se asciende a la cantidad de riqueza y
todos los Estados Unidos al oeste del mississippi

Dutch: 
hij was in ieder geval de rijkste man uit de Amerikaanse geschiedenis -- Sommige mensen zeggen dat hij
1,5 miljard dollar had -- je denkt misschien "Ja zeg! Ik ken mensen die meer dan 1,5 miljard dollar hebben."
Maar als u inflatie de hoeveelheid geld aangepast dat John D Rockefeller
aan het begin van de eeuw
en komt uit op 400 miljard aan
600 miljard dollar dus
Dit is een veel meer dan iemand die wij weten van huidige tijde
U hebt Andrew Carnegie in de stalen business
zijn netto waard als je op basis van de huidige waarde kijkt is ongeveer 300 miljard
Je hebt mensen zoals J.P.Morgan
En hoewel zijn netto waarde ook enorme enorm veel
Maar waar zijn bevoegdheden echt in, omdat hij was dat soort van een in controle van de financiële wereld
op dat moment
Zijn financiële macht was geweldig misschien meer
dan het type van de macht die deze heren te hanteren die
het bedrag van de macht die hij en zijn medewerkers gecontroleerd door middel van hun verschillende bedrijven
Sommigen hebben gezegd was bedroeg het bedrag van rijkdom en
alle van de VS ten westen van de mississippi

Czech: 
měl 1, 5 miliardy dolarů
Možná si říkáte, počkat, znám lidi,
co mají víc než 1, 5 miliardy dolarů.
Když ale počítáte s inflací,
měl Rockefeller na přelomu století
asi 400 miliard dolarů.
možná až 600 miliard dolarů.
Byl mnohem bohatší než dnešní bohatí.
Dalším člověkem byl Andrew Carnegie
ocelářský magnát.
Hrubý odhad jeho jmění odpovídá dnešním
300 miliardám dolarů.
Dále jsou tu lidé jako J. P. Morgan.
I když i on byl velice bohatý,
jeho největší síla spočívala v....
v možnosti ovládat tehdejší finanční svět.
Jeho finanční vliv byl prostě obrovský.
Snad ještě víc než druh moci, kterou měli
znamenala moc, kterou on a jeho partneři
získali prostřednictvím různých holdingů.
Říká se, že tak nahromadili majetek
po celých USA na západ od Mississippi.
Byli to velmi mocní a velmi bohatí muži.
Měli takovou moc a bohatství,
které je od té doby nepředstavitelné.
Je na vás, co si o těch lidech myslíte.

Chinese: 
虽然这一观点有待论证，但洛克菲勒绝对是美国历史上的首富
有的数据称洛克菲勒资产达15亿美元，对此你可能会说：“我还认识资产过15亿的人呢！”
但如果你通货膨胀调整后的金额,约翰D洛克菲勒已
在接下来的世纪
到4000亿年,出来
6000亿美元,这样
这是一个很多超过任何我们知道目前的时代
你有安德鲁·卡内基钢铁业务
他的净资产如果你看看现值约为3000亿年基础
你有人们喜欢摩根
尽管他的净值也巨大的巨量
但他的力量真的,因为他是一种控制金融世界
当时
他的金融力量是巨大的甚至更多
比类型的力量,这些先生们来行使,
能量的量,他和他的同事通过他们的各种控股控制
有些人说的是达的财富数量和
所有的美国密西西比以西

Chinese: 
雖然這一觀點有待論證，但洛克菲勒絕對是美國歷史上的首富
有的數據稱洛克菲勒資産達15億美元，對此你可能會說：“我還認識資産過15億的人呢！”
但如果你通貨膨脹調整後的金額,約翰D洛克菲勒已
在接下來的世紀
到4000億年,出來
6000億美元,這樣
這是一個很多超過任何我們知道目前的時代
你有安德魯·卡內基鋼鐵業務
他的淨資産如果你看看現值約爲3000億年基礎
你有人們喜歡摩根
盡管他的淨值也巨大的巨量
但他的力量真的,因爲他是一種控制金融世界
當時
他的金融力量是巨大的甚至更多
比類型的力量,這些先生們來行使,
能量的量,他和他的同事通過他們的各種控股控制
有些人說的是達的財富數量和
所有的美國密西西比以西

Burmese: 
သင်ပြောရမယ်၊ ဟေး...၊ ကျွန်တော်သိတဲ့လူတွေက ဒေါ်လာ ၁.၅ ဘီလျံထက်ပိုမိုပြီး ရှိကြတယ်
ငွေကြေးနှင့် စျေးနှုန်းများကို တန်ဖိုးတက်အောင် လုပ်ဆောင်ခဲ့တဲ့သူကတော့ ရာစုနှစ်အကူးအပြောင်းမှာ ရှိခဲ့တဲ့ ဂျွန် ဒီ ရော့ကဲလ်ဖဲလား ပဲဖြစ်တယ်
ဒေါ်လာ ဘီလျံ ၄၀၀ ကနေ ၆၀၀ အထိထွက်ပေါ်လာခဲ့တယ်
လက်ရှိအချိန်မှာကျွန်တော်တို့သိတဲ့ သူတွေထဲမှာ အတော်များများပိုမိုခဲ့တယ်
အင်ဒရှုး ကာနဲဂျီးဟာ စတီးလုပ်ငန်းလုပ်ကိုင်ပြီးတော့၊ သူ့ရဲ့အသားတင် ကြွယ်ဝချမ်းသာမှု့ဟာ လက်ရှိတန်ဖိုးအခြေခံအားဖြင့် ဒေါ်လာဘီလျံ ၃၀၀ နီးပါးရှိတယ်
လူတွေကြိုက်နှစ်သက်တဲ့ ဂျေပီ မော်ဂန်
သူရဲ့အသားတင် ကြွယ်ဝမှု့က ကြီးမားတဲ့ပမာဏရှိတယ်
အမှန်တကယ် သူ့ရဲ့ စွမ်းအားတွေက ဘဏ္ဏာရေးကမ္ဘာကို ထိန်းချုပ်ထားတယ်
ဒီအချိန်မှာ
သူ့ရဲ့ ဘဏ္ဏာရေးဆိုင်ရာ အင်အားဟာ အလွန်ကြီးမားများပြားတဲ့ အတိုင်းအတာ ဖြစ်နိုင်တယ်၊
ဒီလူကြီးလူကောင်းတွေရဲ့ ကြွယ်ဝချမ်းသာမှု့ အင်အားထက်ကို ပိုမိုတယ်
သူ့ရဲ့စွမ်းအားပမာဏဟာ သူ့နဲ့ ပတ်သက်တဲ့ အမျိုးမျိုးသော ကုမ္ပဏီရှယ်ရာ၊ ပိုင်ဆိုင်မှု့၊မြေ စတဲ့ဟာတွေကို ထိန်းချုပ်ထားခဲ့တယ်
အချို့က ပြောကြတယ် မစ်စစ်စပီ အနောက်ဘက်ခြမ်း ယူအက်စ်တစ်ခုလုံးရဲ့ပမာဏနီးပါးရှိတယ်

Vietnamese: 
chắc chắn là người giàu nhất trong lịch sử nước Mỹ. Một số báo cáo cho biết rằng ông
1,5 tỉ USD. Bạn có thể nói, "Cái gì? Biết những người có hơn 1,5 tỷ USD."
Nhưng! Nếu số tiền upravíš tiền thuộc sở hữu của John D. Rockefeller, ảnh hưởng của lạm phát
vào thời điểm chuyển giao thế kỷ,
do đó, ông cung cấp cho 400 tỷ để
$ 600.000.000.000 ... Vì vậy,
Nó thực sự là nhiều hơn so với bất cứ ai (từ những người chúng ta biết) hiện đang sở hữu.
Đó là Andrew Carnegie kinh doanh trong ngành công nghiệp thép,
sau đó giá trị thực của công ty được ước tính khoảng $ 300.000.000.000.
Họ là những người đàn ông như JP Morgan.
Mặc dù tài sản của ông là vô cùng lớn,
nên sức mạnh thực sự của nó nằm ở sự kiện rằng ông có thể kiểm soát tại thời điểm đó
thế giới tài chính.
Sức mạnh tài chính của mình có lẽ là lớn hơn
hơn so với loại lực lượng đã có những quý ông.
Ông và đối tác kinh doanh của mình có sức mạnh để kiểm soát thông qua cổ phần đa dạng của họ.
Người ta có thể nói rằng số lượng của cải đã được thực hiện
toàn bộ Hoa Kỳ về phía tây sông Mississippi.

English: 
If you inflation-adjust
so some accounts will say
he had 1.5 billion dollars.
You might say, "Wait, I know of people
"who have more than 1.5 billion dollars."
If you inflation-adjust
the amount of money
that John D. Rockefeller had at the turn
of the century it comes out to 400 billion
to 600 billion dollars.
This is a lot more than
anyone that we know
of in present times.
You have Andrew Carnegie
in the steel business.
His net worth, if you look at
it in a present value basis,
is approximately 300 billion.
You have people like JP Morgan.
Although is net worth
also huge, huge amount,
but where his power was really ....
Since he was in control of the
financial world at that time,
his financial power was tremendous.
Maybe more than the type of power
that these gentleman could wield.
The amount of power that
him and his associates
controlled through their various holdings,
some have said amounted
to the amount of wealth

Burmese: 
ဒါဟာ အလွန်ကြီးမားများပြားတဲ့ အင်အားဖြစ်တယ်၊ အလွန်ချမ်းသာကြွယ်ဝတဲ့ ပုဂ္ဂိုလ်ပဲ၊
ချမ်းသာကြွယ်ဝမှု့ နှင့် အင်အားအမျိုးအစားကို ကျွန်တော်တို့ အမှန်တကယ် မမြင်နိုင်ဘူး၊
ဒီလူတွေအားလုံးရဲ့အချို့သော level ပေါ်မှာ ဒီလူတွေရဲ့အထင်အမြင်ဟာ ဘာလဲဆိုတာ သင်ဆုံးဖြတ်နိုင်တယ်
သေချာတာကတော့ သူတို့ဟာ ကောင်းတဲ့စွန့်ဦးတီထွင်လုပ်ငန်းရှင်များဖြစ်ကြတယ်
သေချာတာကတော့ သူတို့ဟာ ခက်ခက်ခဲခဲ အလုပ်လုပ်ခဲ့ကြရတယ်၊သေချာတာကတော့ သူတို့ဟာ နည်းလမ်းသစ်၊အကြံဉာဏ်သစ် တွေကို သူတို့ရဲ့လမ်းကြောင်းပေါ်မှာ စတင်ပြီးလုပ်ခဲ့ကြရတယ်
သူတို့ဟာ ပြန်ပြီးတော့သိခဲ့ကြတယ်၊ သင်သိပါတယ်၊ဒါက အေဆိုတာကို
ဒါကဖြစ်ရမယ်၊ မာ့စ်ကဲ့သို့ တစ်စုံတစ်ယောက်ဆီကို လောင်စာတွေ ဘာကြောင့်ပေးခဲ့လိမ့်မလဲလို့၊ အဲဒီလိုပဲ လူတွေကို ကြည့်ရလိမ့်မယ်၊ပြောရင်းနဲ့ပဲ ကြည့်ပါ၊
ဒီလူတွေဟာ များပြားတဲ့ စွမ်းအားရှိကြတယ်၊အလုပ်သမားတွေဟာ သူတို့ကိုယှဉ်ဖို့ အင်အားမရှိကြဘူး
အချို့သော အလုပ်သမားတွေနဲ့ အချို့သော ကုမ္ပဏီတွေဟာ
ဒါကို အမှန်တကယ်ပြောဖို့ ခက်ခဲတယ်၊ သူတို့ဟာ လွတ်လပ်တဲ့လူသားတွေဖြစ်တယ်ဆိုတာ
သူတို့ဟာ ကြေးကျွန်အလုပ်သမားတွေလုနီးပါးဖြစ်ကြတယ်၊သူတို့ ဝင်းကြီးထဲမှာ နေတယ်၊ သူတို့မှာ အခွင့်အရေးတွေမရှိကြဘူး
လူတွေဟာ အချို့သောအဖွဲ့အစည်းများအတွက် အလုပ်လုပ်ရင်း သေဆုံးကုန်ကြတယ်
ဒီနေရာမှာ သင်ဆုံးဖြတ်နိုင်တယ်၊ ဒီလူတွေဟာ အလွန့်အလွန် ကြီးမားတဲ့ ကြွယ်ဝချမ်းသာမှု့၊ အလွန်ကြီးမားတဲ့ စွမ်းအားတယ် အမှန်တကယ်ဖြစ်တယ်ဆိုတာ၊
၁၉၀၀ ပြည့်နှစ် အစောပိုင်းကို သင်လျင်မြန်စွာ ရှေ့သို့သွားမယ်

Spanish: 
Así que éstas son muy poderosas, enormemente
hombre rico. El tipo de alimentación y ricos que realmente no hemos visto desde
Y usted puede decidir lo que piensas de estas personas
En cierto nivel, todas estas personas fueron, que estoy seguro de que eran buenos empresarios,
Estoy seguro de que eran de duro trabajo, estoy seguro que se innovaron en su propio camino
Pero también se saben para, entonces, usted sabe, esto es un
Esto podría ser por eso habría dado combustible a alguien como Marx sería mirar gente como este y decir
Mira, estas personas tienen tanto poder, trabajo no tiene ningún poder en comparación con ellos,
Algunos de los empleados y algunas de estas empresas,
es difícil de decir realmente que son independientes de los seres humanos,
son casi como labores de esclavo, viven en el campus, no tienen derechos
Personas están muriendo mientras trabajaban para algunas de estas organizaciones
Para que puedas decidir dónde llegará, pero la realidad es que estas personas eran
enorme enorme inmensamente ricos enormemente potente
Ahora usted rápido avance a principios de los 1900

Portuguese: 
Então estes são extremamente poderosos, extremamente
homem rico. O tipo de poder e rico, que na verdade não vimos desde
E você pode decidir o que você acha que essas pessoas
Em algum nível, todas essas pessoas foram, que tenho certeza de que eles eram bons empresários,
Tenho certeza de que eles eram hard-working, tenho certeza de que eles eram inovou em sua própria maneira
Mas eles também foram conhecer para, naquela época, você sabe, este é um
Isto pode ser porque teria dado combustível para alguém como Marx iria olhar para pessoas como este e dizer
Olha, essas pessoas têm tanto poder, trabalho não tem nenhum poder comparando a eles,
Alguns dos funcionários e algumas dessas empresas,
é difícil realmente dizer que eles são os seres humanos independentes,
eles são quase como trabalho escravo, eles vivem no campus, eles não têm direitos
As pessoas estão morrendo enquanto eles estavam trabalhando para algumas destas organizações
Para que você possa decidir onde você vai, mas a realidade é que essas pessoas eram
imensamente imensamente imensamente rico extremamente poderoso
Agora você rápido transmitir ao início de 1900

Vietnamese: 
Vì vậy, đây là cực kỳ mạnh mẽ, và cực kỳ
những người đàn ông giàu có. Đây là loại điện / điện và sự giàu có mà chúng ta thực sự có từ bao giờ được thấy trước đây.
Và bạn cũng có thể chiêm ngưỡng những gì họ giống như những người này
di chuyển ở mức độ như vậy? Tôi nghĩ rằng họ doanh tốt.
Tôi chắc rằng bạn làm việc chăm chỉ, họ đã tiến bộ theo cách riêng của họ!
Nhưng họ cũng đã biết, nhưng biết những gì có thể
đã cho lực lượng lái xe / lập luận cần một người như Marx. Ông nói: "Hãy nhìn xem,
những người có quyền lực rất nhiều, nhưng các công nhân không hai ít hơn! "
Một số của các nhân viên và các công ty,
Thật khó để nói rằng, bạn thực sự cảm thấy rằng họ không có khả năng của con người,
họ gần như là lao động nô lệ, họ sống trong vùng xa xôi của thị trấn và không có quyền.
Người đã chết trong khi họ đang làm việc cho một người nào đó từ các tổ chức này.
Bạn cũng có thể chiêm ngưỡng trên mà bên bạn được, nhưng thực tế là những người này
rất rất rất giàu và rất mạnh mẽ.
Bây giờ nếu di chuyển vào đầu thế kỷ 20

Dutch: 
Zodat deze enorm krachtige, enorm zijn
rijke man. Het soort macht en rijke dat we eigenlijk niet hebben gezien sinds
En u kunt beslissen wat je denkt van deze mensen
Op een bepaald niveau waren al deze mensen, dat ik weet zeker dat ze waren goede ondernemers,
Ik weet zeker dat ze waren hardwerkende, ik weet zeker dat ze werden vernieuwd op hun eigen manier
Maar ze werden ook weten voor rug toen, weet je, dit is een
Dit zou kunnen zijn waarom zou brandstof hebben gegeven aan iemand zoals Marx zou kijken naar mensen als dit en zeggen
Kijk, deze mensen hebben zoveel macht, arbeid heeft geen macht vergelijken
Sommige van de werknemers en een aantal van deze bedrijven,
het is moeilijk om echt zeggen dat ze onafhankelijke menselijke wezens zijn,
ze zijn bijna als slaaf arbeid, ze leven op de campus, ze hebben geen rechten
Mensen sterven terwijl ze voor sommige van deze organisaties werkten
Zodat u waar je wil beslissen kunt, maar de realiteit is dat deze mensen waren
enorm enorm enorm rijk enorm krachtige
Nu doorsturen u snel naar het begin 1900

Chinese: 
所以这些是非常强大的,巨大的
富有的人。这个类型的权力和富裕,我们不得不以来所未见
你可以决定你认为这些人
在某种程度上,所有这些人,我肯定他们是好的企业家,
我肯定他们是勤劳的,我敢肯定他们创新以他们自己的方式
但他们也知道,那时,你知道,这是一个
这可能是为什么给燃料有人像马克思会看看这样的人,说
看,这些人有这么大的威力,劳工没有权力对他们进行比较。
一些员工,其中一些公司,
很难真正说他们是独立的人类。
他们几乎像奴隶劳工,他们住在校园,他们没有任何权利
人们正在死去而他们为了其中的一些组织
所以你可以决定你将会在哪里,但事实是这些人
非常非常非常富有的非常强大
现在你快进到1900年初

English: 
in all of the United States
West of the Mississippi.
These are hugely powerful,
hugely wealthy men.
The type of power and wealth that we
actually have not seen since.
You can decide what you
think of these people.
On some level all of these people,
I'm sure they were good entrepreneurs.
I'm sure they were hard working,
I'm sure they innovated
in their own way but they were also known
for back then that this might be why it
would have given fuel to someone like Marx
who would look at people
like this and say,
"Look, these people have so much power.
"Labor has no power compared to them.
"Some of the employees in some of these
"companies, it's hard to
really say that they are
"independent human beings.
"They're almost like slave labor.
"They live on the campus.
They have no rights.
"People are dying while they're working
"for some of these organizations."
So you can decide where you will,
but the reality is that these people
were hugely, hugely, hugely
wealthy, hugely powerful.
Now you fast forward to the early 1900s

Czech: 
Do jisté míry byli určitě
všichni dobří podnikatelé
Jsem přesvědčen, že pracovali tvrdě.
Byli vynalézaví, ale vědělo se,
už tenkrát, že možná právě proto
by byli vodou na mlýn lidí jako Marx
který by při pohledu na takové lidi řekl
Podívejte, oni mají takovou moc,
dělník je proti nim bezmocný.
Někteří zaměstnanci těchto továren
jsou sotva opravdu
nezávislé lidské bytosti.
Jsou to skoro otroci.
Bydlí v továrnách,
nemají žádná práva
Umírají v práci pro ty velké firmy.
Pracují skoro tak tvrdě jako otroci
Žijí v továrnách,
nemají žádná práva.
Ti lidé umírají při práci
pro velké korporace.
Můžeš věřit, čemu chceš,
ale je fakt, že průmyslníci
byli nesmírně, nesmírně, nesmírně
bohatí, nesmírně mocní.
Nyní se rychle přesuneme na začátek 20. století.
Budou ti trochu protivní
tihle...!
Hádej, v jakém společenském zřízení
mohou takoví lidé prosperovat.
Tedy Roosevelt se stal prezidentem 
v roce 1901.

Chinese: 
所以這些是非常強大的,巨大的
富有的人。這個類型的權力和富裕,我們不得不以來所未見
你可以決定你認爲這些人
在某種程度上,所有這些人,我肯定他們是好的企業家,
我肯定他們是勤勞的,我敢肯定他們創新以他們自己的方式
但他們也知道,那時,你知道,這是一個
這可能是爲什麽給燃料有人像馬克思會看看這樣的人,說
看,這些人有這麽大的威力,勞工沒有權力對他們進行比較。
一些員工,其中一些公司,
很難真正說他們是獨立的人類。
他們幾乎像奴隸勞工,他們住在校園,他們沒有任何權利
人們正在死去而他們爲了其中的一些組織
所以你可以決定你將會在哪裏,但事實是這些人
非常非常非常富有的非常強大
現在你快進到1900年初

English: 
and you start having a
little bit of a backlash
against these ... I
guess the system in which
these type of people can thrive.
You have Teddy Roosevelt
comes to power in 1901.
One of the things ... He's
famous for many things,
but one of the things
he's famous for is being
a trust buster.
When he talks about trust,
a trust is really just
a large corporation.
The idea is, is that, "Look Standard Oil,
"you have essentially taken control of the
"refining and the oil industry in America.
"You have become a monopolist.
"You need to be broken up."
This is anti-competitive.
Remember, capitalism for the
capitalist sake, for capitalism sake
is maybe not that good of an idea.
What we want is competition.
What we want is innovation.
What we want is incentives.
If you control everything
and no one can compete
that's not helping anyone.
So Teddy Roosevelt, it didn't
happen during his administration
but he kind of started
the trust busting process,
and in the next administration,
in Taft's administration,
you actually have Standard
Oil being broken up.

Czech: 
Jedna z věcí ... Proslavil se mnohým
ale jednou obzvlášť. 
Tou věcí je
podpora korporací.
Když mluvil o důvěře
myslel ve skutečnosti
na velké společnosti.
Říká " Podívejte, vy ve Standard Oil,
v podstatě jste ovládli
ropné rafinerie v Americe.
Stali jste se monopolem.
"Musíte se rozdělit"
Ničíte hospodářskou soutěž.
Kapitalismus je v zájmu kapitalistů.
Monopol není v zájmu kapitalismu.
Chceme přece konkurenci.
Chceme inovace.
Chceme jsou pobídky.
Když ovládáte vše,
nemáte konkurenci,
neprospívá to nikomu.
Nestalo se to za T. Rooselvelta,
ale on odstartoval vznik korporací.
a jeho nástupce
prezident Taft
nechal Standard Oil rozdělit
Standard Oil byl tak veliký
jako Exxon Mobil,Chevron , Conoco
a zbylé větší rafinerie v USA
dohromady

Chinese: 
和你開始有一點反對這些,
我猜這個係統中,這些類型的人可以努力
和你有泰迪·羅斯福在1901年掌權
的一件事,他是著名的很多事情,
他的成就之一是著名的就是信任克星
當他談到了信任,信任是一個真正的大型企業
和這個想法是,看起來標準石油,你有一個感覺掌控
煉油在石油行業在美國,你就會成爲一個壟斷者
你會被拆分
這是反競爭的,記住,
資本主義,資本主義的緣故,也許不是,好的一個主意
我們想要的是競爭,我們要的是創新,
我們想要的是激勵
在一些控制一切,沒有人能競爭
這並不是幫助任何人。
所以泰迪·羅斯福,他,它沒有發生在他的政府
但他有點開始信任生鏽的過程
和下屆政府,在稅務管理
你真的有標準石油被拆分

Spanish: 
y empezar a tener un poco de una reacción contra ellos,
Supongo que el sistema en el que puede tratar este tipo de personas
Y tienes Teddy Roosevelt llega al poder en 1901
Y una de las cosas, es famoso por muchas cosas,
Una de las cosas por que es famoso está siendo un buster de confianza
Y cuando habla de confianza, una confianza es realmente un gran corpotation
Y la idea es que el aceite estándar de mirada, tienes un sensorial tomado el control de
el refinamiento en la industria petrolera en América, se convertirá en un monopolista
usted podrá ser desguazado
Esto es anti competitivo, recuerde,
El capitalismo, por el bien de capitalismo, tal vez no es muy bueno de una idea
Lo que queremos es competencia, lo que queremos es la innovación,
Lo que queremos es incentivo
En el control de unos todo y nadie puede competir
No ayuda a nadie.
Así que Teddy Roosevelt, él, no sucedió durante su administración
Pero empezó un poco la confianza de oxidación porcess
Y la próxima administración, en la administración tributaria
Realmente tienes standard oil ser desguazado

Portuguese: 
e você começar a ter um pouco de uma reação contra estes,
Eu acho que o sistema em que estes tipo de pessoas pode se esforçar
E você tem Teddy Roosevelt chega ao poder em 1901
E uma das coisas, ele é famoso por muitas coisas,
Uma das coisas que ele é famoso por está sendo um imbecil de confiança
E quando ele fala sobre a confiança, a confiança é realmente um grande corpotation
E a idéia é que olhar o óleo padrão, você tem um sensorial tomado o controle de
a refinação da indústria petrolífera na América, você vai se tornar uma monopolista
você vai ser dividido
Isso é anti competidor, lembre-se,
O capitalismo, por causa do capitalismo, que talvez não é boa de uma idéia
O que queremos é a concorrência, o que queremos é a inovação,
O que queremos é o incentivo
No controle de alguns tudo e ninguém podem competir
Que não está ajudando ninguém.
Então Teddy Roosevelt, ele, não aconteceu durante a sua administração
Mas ele começou meio a confiança ferrugem porcess
E a próxima administração, na administração tributária
Você realmente tem a standard oil, sendo dividido

Dutch: 
en u beginnen met een beetje van een verzet tegen deze,
Ik denk dat het systeem waarin dit soort mensen kan streven
En je hebt Teddy Roosevelt komt aan de macht in 1901
En één van de dingen, hij is beroemd om veel dingen,
Een van de dingen die hij beroemd is wordt een vertrouwen buster
En als hij over vertrouwen praat, een vertrouwensrelatie is echt een grote corpotation
En het idee is dat blik standard oil, heb je een zintuiglijke controle van genomen
de raffinage in de olie-industrie in Amerika, Word je een monopolist
u zult worden opgesplitst
Dit is anti-concurrerende, onthouden,
Kapitalisme, omwille van het kapitalisme, is misschien niet zo goed van een idee
Wat wij willen is concurrentie, innovatie, wat we willen is
Wat wij willen is stimulans
In een paar controle kunnen alles en niemand concurreren
Dat niet het helpen iemand.
Dus gebeurde Teddy Roosevelt, hij, het niet tijdens zijn regering
Maar hij begon kinda het vertrouwen roesten porcess
En de volgende regering, in de belastingdienst
Je hebt eigenlijk standard oil wordt opgesplitst

Vietnamese: 
và bắt đầu có một số kháng ... uh ...
Tôi nghĩ rằng hệ thống mà trong đó loại người có thể chiến đấu
Và ở đây chúng tôi có một người tên là Teddy Roosevelt, người lên nắm quyền vào năm 1901
và một trong những điều (và ông đã nổi tiếng vì nhiều lý do) mà ông trở nên nổi tiếng,
đang phá nỗ lực của mình để lắc.
Tin tưởng thực sự là một công ty rất lớn (lưu ý màu đỏ:. Hiệp hội Hình thức chủ trương đó có sản xuất riêng của họ, kinh doanh và quyền tự chủ hành chính).
Ý tưởng là nếu nhìn vào dầu tiêu chuẩn và những người kiểm soát
ngành công nghiệp lọc dầu của Mỹ, vì vậy đi những độc quyền / doanh nghiệp mà không có cạnh tranh.
Tuy nhiên, các doanh nghiệp độc quyền sẽ bị tan vỡ,
bởi vì nó là chống cạnh tranh / cuộc thi. Nhớ
đó là những gì anh ta muốn chủ nghĩa tư bản,
sự cạnh tranh / đấu thầu. Chúng tôi muốn đổi mới / sáng tạo,
chúng tôi sáng kiến ​​/ ưu đãi.
Chỉ cần một vài kiểm tra / kiểm soát bất cứ điều gì và không ai có thể cạnh tranh với / cạnh tranh.
Điều đó không giúp bất cứ ai!
Vì vậy, Teddy Roosevelt (đã không xảy ra trong nhiệm kỳ tổng thống của ông)
bắt đầu thử nghiệm chống độc quyền.
Chính phủ sau đây (trong phần của quản lý thuế)
Standard Oil đã bị tan vỡ.

Chinese: 
和你开始有一点反对这些,
我猜这个系统中,这些类型的人可以努力
和你有泰迪·罗斯福在1901年掌权
的一件事,他是著名的很多事情,
他的成就之一是著名的就是信任克星
当他谈到了信任,信任是一个真正的大型企业
和这个想法是,看起来标准石油,你有一个感觉掌控
炼油在石油行业在美国,你就会成为一个垄断者
你会被拆分
这是反竞争的,记住,
资本主义,资本主义的缘故,也许不是,好的一个主意
我们想要的是竞争,我们要的是创新,
我们想要的是激励
在一些控制一切,没有人能竞争
这并不是帮助任何人。
所以泰迪·罗斯福,他,它没有发生在他的政府
但他有点开始信任生锈的过程
和下届政府,在税务管理
你真的有标准石油被拆分

Burmese: 
သူတို့ကို ဆန့်ကျင်တဲ့ လှုပ်ရှားမှု့ အနည်းငယ်စတင်လာမှု့ ရှိတယ်
ကျွန်တော် ဒီစနစ်ကို ခန့်မှန်းတယ် ၊အဲဒီစနစ်ထဲမှာ ဒီအမျိုးအစားလူတွေဟာ ကြီးမားတဲ့ကြိုးပမ်းမှု့ ကိုလုပ်နိုင်ကြတယ်
တက်ဒီ ရိုဆီဗဲလ်တ် ဟာ၁၉၀၁ခုနှစ်မှာ အင်အားရှိလာတယ်
ဒါတွေထဲက တစ်ခုကတော့၊ သူဟာ အတော်လေးကို ကျော်ကြားတယ်
သူ့ရဲ့ကျော်ကြားမှု့ဟာ ဆိုရင် ယုံကြည်မှု့ ရပ်တန့်တာဖြစ်တယ်
ယုံကြည်မှု့နဲ့ ပတ်သက်ပြီးပြောတဲ့အခါမှာ၊ ယုံကြည်မှု့ဟာ ကြီးမားတဲ့ ကော်ပိုရေးရှင်း တစ်ခုဖြစ်တယ်၊
အကြံဉာဏ်တစ်ခု အဲဒါကတော့ စံသတ်မှတ်ထားတဲ့ လောင်စာဆီကိုကြည့်ပါ၊ သင့်မှာ အမေရိက ရဲ့လောင်စာဆီ ကြိုချက်တဲ့ လုပ်ငန်းကို ထိန်းချုပ်ဖို့ အမြင်တစ်ခု ရှိတယ်
သင်ဟာ လက်ဝါးကြီးအုပ်တစ်ဦးတည်းချုပ်ကိုင်တဲ့ သူ ဖြစ်လာတယ်
သင်ဟာ ပြိုကွဲခဲ့လိမ့်မယ်
ဒါဟာ မျှတစွာ ယှဉ်ပြိုင်တာမဟုတ်ဘူး၊ သတိရရဲ့လား
ငွေကြေးအရင်းအနှီး၊ ငွေကြေးအရင်းအနှီး ကူညီဖို့အတွက်၊ အကြံကောင်းတစ်ခုတော့မဟုတ်ဘူး
ကျွန်တော်တို့ ဘာကို ယှဉ်ပြိုင်ချင်တာလဲ၊ ကျွန်တော်တို့ ဘယ်လို နည်းလမ်း၊အကြံဉာဏ် ကို လိုချင်တာလဲ
ကျွန်တော်တို့ ဘာကို တွန်းအားပေး စတင်ချင်လဲ
အရာအားလုံးကို အနည်းငယ်ထိန်းချုပ်တယ်၊ဘယ်သူမှ မယှဉ်ပြိုင်နိုင်ဘူး
ဒါကို ဘယ်သူ့အကူအညီမှ မဟုတ်ဘူး
ဒါကြောင့် တက်ဒီ ရိုဆီဗဲလ်တ် ဟာဆိုရင်၊ သူ့ရဲ့အုပ်ချုပ်နေစဉ် အတောအတွင်း ဒါမျိုး မဖြစ်ဘူး
သူက kinda ကို စတင်ခဲ့တယ် ၊ ယုံကြည်မှု့ သံချေးတက်တဲ့ ဖြစ်စဉ်
နောက်ထပ်စီမံခန့်ခွဲအုပ်ချုပ်မှု့မှာ၊ အခွန်ငွေ စီမံခန့်ခွဲအုပ်ချုပ်မှု့မှာ
အရည်အသွေးကောင်းတဲ့ စံချိန်မှီ လောင်စာဆီဟာ ပြန့်ကျဲစွာရှိနေတယ်

English: 
Just to get an idea of
how big Standard Oil was,
if you take Exxon Mobil, Chevron, Conoco,
and pretty much every
other major US oil company,
put them together.
I'm not saying it's the
equivalent of Standard Oil.
That's actually what standard oil was.
When Standard Oil was broken up
during Taft's administration,
it was actually broken up into
all of these corporations.
You can look into it more.
You could imagine how much power
someone like that would hold.
So the pendulum swung in one
extreme at the end of the 1800s.
Roosevelt comes in, once
again Republican President,
Very strong President.
But he said, "Look, enough is enough.
"This is too much.
"This is not in the best
interest of the American people.
"We need competition."
Then you fast forward even more.
In the 20s you have this huge boom.
Things are looking well.
Whenever there is a boom,
people look the other way.
People think, "Oh we don't
need much regulation.
"We don't need much
government intervention."
But then booms, many times,
almost always lead to busts.
Then you have the Great Crash of 29,
leads into the Great Depression.

Spanish: 
Y llegar a conseguir una idea de cuán grande standard oil fue
Si usted toma de Mobil, Exxon, Chevron, cónico y prácticamente cualquier otra importante compañía de petróleo estadounidense
ponerlos juntos, y yo no digo es el equivalente de standard oil
Eso es realmente qué standard oil era,
La standard oil fue desguazado durante la administración de impuestos
Realmente fue desguazado en todas estas corporaciones
Y usted puede mirar en lo más.
Por lo que puede imaginar cuánto poder alguien como mantendría

Burmese: 
အရည်အသွေးကောင်းတဲ့ စံချိန်မှီ လောင်စာဆီဟာ ဘယ်လောက်ကြီးမားစွာ ဖြစ်သလဲဆိုတဲ့ အကြံဉာဏ်တစ်ခု ရရှိဖို့
သင် အက်စွန်၊ မိုဘဲလ်စ်၊ ရှယ်ဗရွန် ၊ ကော်နီကယ် နှင့် အခြားသော အဓိက ယူအက်စ်က များပြားတဲ့ ရေနံကုမ္ပဏီ တွေကို ရယူခဲ့လျင်
သူတို့ကို အတူတကွထားရမယ်၊ အရည်အသွေးကောင်းတဲ့ စံချိန်မှီ လောင်စာဆီရဲ့ မျှချေလို့ မပြောဘူး
အရည်အသွေးကောင်းတဲ့ စံချိန်မှီ လောင်စာဆီဟာ အမှန်တကယ် ဘာဖြစ်လဲဆိုတာ
အခွန်ငွေ စီမံခန့်ခွဲအုပ်ချုပ်စဉ်အတောတွင်းမှာ အရည်အသွေးကောင်းတဲ့ စံချိန်မှီ လောင်စာဆီဟာ ပြန့်ကျဲစွာတည်ရှိတယ်
ဒါဟာ ဒီကော်ပိုရေးရှင်းတွေအားလုံးအတွင်းမှာ အမှန်တကယ်ပြန့်ကျဲစွာရှိနေတယ်
သင် ဒါကို ပိုပြီးတော့ ကြည့်နိုင်တယ်
ဒါကြောင့် တစ်စုံတစ်ယောက်က အင်အားဘယ်လောက်များများဆုပ်ကိုင်ထားသလဲဆိုတာကို သင်ပုံဖော်ကြည့်နိုင်တယ်

Czech: 
Neříkám, že odpovídají Standard Oilu
Všechny rafinerie byly jeho součástí.
Když byl za Tafta Standard Oil rozdělen,
vznikly z něho jmenované korporace.
Můžete se zaměřit na detaily.
Představte si, jak mocná to byla korporace.
Okolo roku 1800 nastává jeden extrém.
Nastupuje Roosevelt, republikán
V úřadě je velmi silný.
Přesto řekl Dost.
To už stačí.
Tohle není v zájmu Američanů.
Potřebujeme konkurenci.
Teď poskočíme v čase,
Ve 20. letech přichází rozkvět.
Ekonomika se zdá v kondici.
V období prosperity se lidé cítí silní.
Myslí si: regulace není třeba.
Nepotřebujeme vládní zásahy do ekonomiky.
Úspěch se často obrátí do propadu.
Jako v případě krachu na burze roku 1929.
Nastává velká hospodářská krize.
Za prezidenta Hoovera vládne nespokojenost.
Uprostřed velké hospodářské krize
ho střídá Franklin Delano Roosevelt,
zůstává prezidentem do 2. světové války.

Chinese: 
和去了解大標準石油
如果你把埃克森美孚、雪佛龍、美孚的錐形和幾乎所有其他美國主要石油公司
把它們放在一起,我不是說這是相當於標準石油
這實際上是什麽標準石油,
標準石油拆分在稅務管理
它實際上是拆分爲所有的這些企業
你可以看看它更多。
所以你可以想象有多少力量將持有這樣的人

Vietnamese: 
Và nếu một phút để kiểm tra, có bao nhiêu người thực sự Standard Oil,
Vì vậy, hãy tưởng tượng sự sát nhập của Exxon, Mobil, Chevron, hình nón và rất nhiều công ty dầu mỏ lớn của Mỹ khác.
Tôi không nói rằng nó hoàn toàn bình đẳng Standard Oil ...
Vì vậy, những gì chính xác là Standard Oil?
Standard Oil đã bị hỏng tại thời điểm cơ quan thuế.
Ông đã thực sự phân mảnh trong tất cả các công ty nói trên.
Và bạn có thể nhìn vào nó sâu hơn.
Bạn có thể tưởng tượng như thế nào mạnh mẽ ông là một người đã làm

Dutch: 
En krijgen te krijgen een idee van hoe groot standard oil was
Als u Exxon, de Mobil, Chevron neemt, grote conisch en vrijwel elke andere Amerikaanse olie bedrijf
zet ze samen, en ik niet zeggen dat is een gelijkwaardig van standard oil
Dat is eigenlijk wat standaard olie was,
De standard oil was opgedeeld tijdens de belastingdienst
Het was eigenlijk onderverdeeld in alle van deze ondernemingen
En u kunt kijken naar het meer.
Dus je je hoeveel macht voorstellen kunt zou iemand als dat houden

Chinese: 
和去了解大标准石油
如果你把埃克森美孚、雪佛龙、美孚的锥形和几乎所有其他美国主要石油公司
把它们放在一起,我不是说这是相当于标准石油
这实际上是什么标准石油,
标准石油拆分在税务管理
它实际上是拆分为所有的这些企业
你可以看看它更多。
所以你可以想象有多少力量将持有这样的人

Portuguese: 
E get para obter uma idéia de quão grande standard oil foi
Se você tomar a Exxon, Mobil, Chevron, cônico e praticamente todas as outras grandes empresa de petróleo dos EUA
colocá-los juntos, e eu não dizendo que é o equivalente da standard oil
Isso é realmente o óleo padrão era,
O óleo padrão foi quebrado durante a administração tributária
Ele realmente foi dividido em todas essas corporações
E você pode olhar para ele mais.
Então você pode imaginar quanto poder alguém como que iria realizar

English: 
People are unhappy with Herbert Hoover.
FDR comes into power in kind of the heart
of the Great Depression.
He stays President until World War 2.
In his attempts to take the country
out of the Great Depression,
he has this New Deal set of programs.
Some of the New Deal
programs were essentially
to make use of all the
labor and industrial
capacity that was going unused
during the Great Depression.
It was kind of this Keynesian Philosophy
that if no one else is going to supply
the demand to use all of these factories
and use all of these
people, the government will.
There were these huge
public works projects
but there was also
regulation getting involved
here to kind of stop
some of the things that
were perceived caused
the boom and the bust.
You have the Glass Steagall Act,
which is most famous for
separating investment
banking from depository institutions.
Essentially saying the
same people who are taking
your deposits can't on the other side take
your deposits and gamble with
them in the stock market.
This is when Social Security passed,

Czech: 
Jeho pokusy vyvést zemi z krize
vedou k vyhlášení programu New Deal (Nový úděl)
Některé zakázky v rámci programu New Deal
slouží k využití pracovních sil a
kapacity průmyslu, která za krize ležela ladem.
Jednal podle keynesiánské filozofie,
pokud není jiná poptávka
po využití továren a pracovních sil
vláda se postará
Vzniklo mnoho velkých veřejných zakázek
fungovala také vládní regulace
která měla zastavit, procesy
považované za příčinu rozkvětu a krize.
Například Glass Seagalův zákon.
který se zasloužil o oddělení
investičních bank a záložen.
Jednoduše řešeno, kdo ukládá vaše peníze,
nemůže s nimi zároveň
obchodovat na burze
Bylo také schváleno sociální pojištění
poskytovalo záchrannou síť
šlo o ústupek socialistům.
Byl to vzkaz: Bohatá civilizovaná země,
nemůže nechat lidi hladovět.

English: 
once again providing a safety net,
going slightly in the Socialist direction.
Saying, "Hey look, we can't have,
if we're a civilized, rich country,
"we can't have people going
hungry in the streets.
"We can't have older people who have done
"their work, who have
contributed to society,
"now all of the sudden
that we're in the middle
"of a depression, we can't
have them starving to death.
"Or not having them at
least having a basic
"level of existence."
You have Social Security.
Safety net is coming into play.
You have Fannie Mae being created,
which the Fannie Mae narrative plays
all the way into 2008 and
continues to be a part
of the story with the
American housing situation.
What this is, is an
organization that essentially
can buy mortgages. Buying mortgages is
it's essentially lending
money to people for mortgages.
The reason why the government did this,
is the government ... This
is a separate organization
that implicitly had the
backing of the government,
which says that Fannie
Mae can borrow from people
but if for whatever
reason one day Fannie Mae

Czech: 
Naše důchodce, kteří pracovali,
ve prospěch společnosti
nesmíme najednou, uprostřed krize
nechat umřít hlady
bez základního zabezpečení
bez jakékoliv jistoty.
Máme sociální pojištění.
Do hry vstupuje záchranná síť.
Vytváří se Fannie Mae
příběh Fannie Mae se hraje
až do roku 2008, je součástí
americké bytové politiky
Jde o organizaci, která
kupuje hypotéky. Nákup hypoték je způsob
jak lidem půjčit prostředky na hypotéku
Vláda to udělala, aby
mohla... Jde o samostatnou společnost
která s podporou vlády
říká, že Fannie Mae si může půjčovat od lidí,
ale pokud z jakéhokoliv důvodu
Fannie Mae svou půjčku nesplatí, splatí
ji vláda
Na takových půjčkách vydělá.
Fannie Mae to čumožní půjčovat si peníze
na velmi nízký úrok.

Czech: 
který se blíží úroku pro americkou vládu
Fannie mae pak peníze dál půjčuje
stále s nízkým úrokem lidem, kteří si kupují domy.
Jde vastně o dotovaný nákup domů.
Nejde ani o pravé vlastnictví domů
jde o dotované půjčování domů
Chci aby bylo jasné, že, kdyby všichni
měli větší šanci půjčit si dům,
praděpodobně by se zvýšila
cena domů.
Ve skutečnosti nejde o dotované půjčování domů
ale to je jiná otázka.
Vláda se zkrátka angažuje.
Pokouší se o jakési inženýrství.
Brání trhu, aby se vydal valstní cestou.
Narušuje fungování trhu.
Jde o narušení, protože
narušuje fungování konkurence.
Kdyby se někdo chtěl zachovat jako Fannie Mae
ale neměl by vládní podporu
neobstál by v konkurenci, protože
by si nemohl tak levně půjčit peníze.
Ještě jednou skočíme v čase.
jsme v období Lyndona Johnsona
Jistě že jsme pár prezidentů přeskočili.
Za prezidenta Johnsona

English: 
can't pay back its loans, the
government will back it up.
It will make good on those loans.
What that allowed Fannie
Mae to do is to borrow money
at very low interest rates,
essentially close to the
rate that the US government
could borrow at and then loan that money
at very low interest rates to
people who want to buy houses.
So essentially subsidized home ownership.
I should say not home ownership.
Subsidized home borrowing.
I want to make that
clear because if everyone
now has more borrowing
power to buy a home,
then most likely that will just increase
the price of houses.
So it's really not
subsidizing home borrowing
but that's a whole other topic.
Once again the government
is getting involved.
Here they're trying to do a
little bit of engineering.
Once again this goes against
letting the market do its thing.
This is a distortion in the market.
It's a distortion because once again
it's anti-competitive.
If someone else wanted
to do what Fannie Mae
did but didn't have the
backing of the government
it wouldn't be able to
compete because it wouldn't
be able to borrow money as cheaply.

Czech: 
existuje takzvaná Great Society,
která kromě jiného
přídělového systému, boje s chudobou, zdravotní péče,
znovu říká Společnost potřebuje
základní úroveň podpory pro lidi
Nebudu říkat, na čí jsem straně.
ale zjevně jsme svědky příklonu
k lepíšmu zabezpečení.
a pokusům o vytvoření rovných podmínek
můžeme diskutovat o tom, zda
jsou ty pokusy úspěšné nebo ne.
Další věc nesouvisí s naším tématem
ale když se mluví o
T. Rooseveltovi a F.D. Rooseveltovi
vznikne otázka
Byli spolu příbuzní?
Ukázalo se, že byli bratranci z 5. kolena
Co je ještě zajímavější, Eleanor Rooseveltová
Manželka F. D. Roosevelta
byla neteří T. Roosevelta.
Všichni Roosevelltoi spolu měli
oprayvdu blízké vztahy.

English: 
You keep fast forwarding.
You get to Lyndon
Johnson's Administration.
Obviously there were
other people in between.
You get to Lyndon Johnson's administration
and you have the Great Society.
The Great Society, amongst other things,
food stamps, war on
poverty, Medicare, Medicaid,
so once again saying, "Hey society needs
"to have some base level
of support for people."
I'm not going to take
sides one way or the other
but the pendulum was definitely swinging
in the direction of
more social safety nets
and more attempts to make kind of a level
playing field and you can debate whether
they were successful or not.
The other thing,
and this is completely unrelated
to what this conversation
is about but whenever someone learns about
Teddy Roosevelt and Franklin Roosevelt
in the same video it begs the question,
"Were they related in some way?"
It does turn out they were fifth cousins.
Even more interesting, Eleanor Roosevelt,
who was Franklin Roosevelt's wife,
was Teddy Roosevelt's niece.
There actually was a
pretty close relationship
between all of these Roosevelt's.

English: 
Another interesting thing,
I just found this on the Internet,
Teddy Roosevelt was
also the first President
to ride in the open in an automobile.
It's funny to see the
secret service agents
over here riding bicycles to keep up.
Anyway, complete tangent.
So you had, just to review where we are.
End of 1800s you have what some people
have called, if they want to
be insulting of these people,
the robber barrons.
They have concentrated
a huge amount of wealth.
Then the pendulum starts swinging back
with Teddy Roosevelt, Franklin
Roosevelt and then Lyndon Johnson.
Then you fast forward even through the 70s
you still have kind of a fairly heavy
regulation of many industries in the US.
Jimmy Carter, who was
considered quite liberal,
you have to give him, if
you are anti-regulation,
give him some credit.
He actually deregulated
the airline industry
and frankly that's why it's
hard ... that's why airline
tickets are actually fairly inexpensive
if you look at them on an
inflation-adjusted basis.
Then the pendulum swings
back again into less

English: 
government, less regulation
under Ronald Reagan.
This is Ronald Reagan here.
He is kind of most known
amongst other things,
I mean, some people think that he brought
communism to the brink but he also was big
on less government.
From the story of the 1900s until then
was kind of more and more regulation,
more safety nets, more government,
and then Ronald Reagan comes
with less government and lower taxes,
although he spent a ton on the military,
and the military is government.
What's interesting is in
this period during the 80s
you start having an economic boom.
You could debate whether
it's due to Ronald Reagan,
or maybe it was due to things that
were completely out of his control.
Maybe it was due to
automation and information
technology starts becoming big and he
has nothing to do with
that but regardless to say,
you do start having an
economic boom in the 80s.
Then the 90s it starts to
accelerate under Bill Clinton.
The interesting thing that
you see is when things
are good the temptation
for government to regulate

English: 
goes down and under Bill Clinton,
who is a democratic, considered liberal,
you have Welfare Reform,
which does undo a lot of ...
I guess it takes a more
conservative take on welfare.
It makes it harder to have welfare
for longer periods of time.
You also have the repeal
of Glass Steagall,
so the repeal of Glass Steagall.
So even though Bill Clinton
was considered liberal,
maybe he would blame
these things on having
a republican congress,
who forced him into it,
or whatever else.
The reality is it did happen
under his administration.
The government stepping
out of welfare a little bit
and allowing to or kind of
a deregulation of banks.
Allowing for investment banking
and commercial banking to
start getting comingled again.
Then you keep forwarding through the Bush
Administration once George W. Bush,
I could put his dad in here in between.
Actually he was forced to raise taxes

English: 
so I can't really include him in the
conversation of less government,
and he would claim he
was forced to do that
because of democrats.
All the way through all
of these presidencies,
while things were kind
of on this upward march,
you had this constant
stream of deregulation
and all the way until you get to 2008.
You have a major, major financial crisis.
Who knows, now sitting in 2011,
where that pendulum will swing back,
but there is a sense that maybe all
of this went too far
and probably the worst
signs of this is this
whole idea that emerged
during the 2008 crisis of Too Big To Fail.
Which is kind of the worst
of Capitalism and Socialism.
It's kind of like corporate welfare.
It's like, not only are you
not giving benefit to those
who want to innovate or do well,
you have these huge entities that control
so much wealth, that control
so much of the economy,

English: 
and they get there by taking huge amounts
of risks and as soon
as they do incompetent
stupid things that put all of us at risk,
the government comes in to bail them out
because essentially they are
holding the economy hostage.
If the government does
not bail these characters
out they might take the
entire economy with them.
My sense is that they tried to scare
the government a little
bit more to have the
government believe that
so they do get bailed.
Regardless to say, it does
leave kind of a moment in time
where society, or at
least American society,
really the world,
has to question how much
regulation is appropriate?
How much control over the financial system
should private institutions
be allowed to have?
Fannie Mae is an interesting one.
Because once again it's
a government sponsored
institution that was pseudo-private.
It was kind of the worst of both worlds.
Once again it's still being propped up
by the government and
it's a major distortion.
It's a major distortion
market but to some degree the

English: 
government is afraid of
letting it completely falter
now because it would probably tank
the economy to some degree.
Anyway, hopefully you
found that interesting.
I just wanted to give you some perspective
on the swinging of the pendulum between
government regulation and
more kind of capitalism
without regulation that we've
seen in the United States
over roughly the last 100 or so years.
