القرآن - .. Now cast your rod! "But when he saw the rod writhing as though it were a serpent, he turned his back in retreat and did not even look behind. "O Moses, have no fear. Messengers have no fear in My presence .. Except he who has committed some wrong. But if he substitutes good in place of evil, I am Most Forgiving, Most Compassionate Indeed a Captalist system has done wonders in past like that staff of Moses but to exorcise the Devil of American society, This very staff Now will have to yeild Truth and the Acceptance of its Loss ..
I was born and raised in the Soviet Union. My parents had an average soviet income. Nothing special. But I had a lucky childhood, good high school and free of charge university education of which many americans could not even dream. When I hear modern american polititions talking about "Evil Soviet Russia" and "Danger of Communism and Socialism", I realize that these stupids never lived in a society where money and profit were not so important. And yes, you need to a big extent a planned economy, because otherwise it would be a greedy chaos. Many europeen countries nowdays are like "Soviet Union" of my childhood with all their modern social systems. For example UK National Health Service of which americans can't even dream. Its free of charge. Or almost free high education in Germany. And I never needed a car, cause in my big city in Soviet Union we had a perfect and cheap public transport and subway. So neither I nor my parents "suffered" because we couldn't buy a car. But we had a three-room apartment that the state gave us forever free of charge. If we improved a little bit the economic system of the Soviet Union and if there wouldn't be a cold war, it would be a way better system than a modern day USA mad house.
I have been looking for just this Russian! Who tells us about the good things that happened in the Soviet Union. For us in India the Soviet Union was a beacon of hope!
@@rajagopalanlakshminarayanan millions of russians and others who lived in USSR, miss it, it had it faults, but it had a really good things too, like medicare & education it was available FOR EVERY SINGLE citizen, even if you lived in a rural village near arctic ocean!
I agree. The rich can't live lavish lifestyles anymore, but everyone great and small all have food, housing, education, and medical care. It's greed and selfishness in a country with such wealth for all of these basic needs to be met.
Prof Wolf you're a real one thank you for what you do, sticking your neck out for the sake of illuminating us stuck in the darkness. Thank you again and keep killing them with the facts.
Some of us must pay with our lives. Death is dealt to those who spread the truth about what the US government does to ensure that the wealthy individuals and Corporate entities retain and increase their wealth.
YOUR NARAYGANJ IS THE DUNDEE OR STICK PARTY OF ENGLAND WHOSE MAIN WORK IS TO HIT THE NORTHERN IRELAND PEOPLE ALL THE TIME AND YOU ARE DOING THIS HITTING GAME IN BANGLADESH...HAMZA OF VABKI IS A DIRTY BRITISH MAN WHO PLAYED A GAME IN THE ROTTERDAM OF DHAKA
I'm 40 and it never has and never will. When the SCOTUS allowed Citizens United to pass and named corporations people I knew it was over. When they say they represent people I always tell myself that corporations are people so they're not lying.
YOUR NARAYGANJ IS THE DUNDEE OR STICK PARTY OF ENGLAND WHOSE MAIN WORK IS TO HIT THE NORTHERN IRELAND PEOPLE ALL THE TIME AND YOU ARE DOING THIS HITTING GAME IN BANGLADESH...HAMZA OF VABKI IS A DIRTY BRITISH MAN WHO PLAYED A GAME IN THE ROTTERDAM OF DHAKA
Sharp observation and been courageous to speak out. Hope voices like this can wake up the country to seriously think of reforming the system for the U.S. The masses of poor people need to be look after.
@@judithalltop3953On paper, US had the 3rd parties since 1800s, BUT no surprise, 2 main parties always join to stop them.. 3rd parties need electolion changes, such as 1) ranked choice voting 2) proportional representation voting etc. See websites & videos for both.
YOUR NARAYGANJ IS THE DUNDEE OR STICK PARTY OF ENGLAND WHOSE MAIN WORK IS TO HIT THE NORTHERN IRELAND PEOPLE ALL THE TIME AND YOU ARE DOING THIS HITTING GAME IN BANGLADESH...HAMZA OF VABKI IS A DIRTY BRITISH MAN WHO PLAYED A GAME IN THE ROTTERDAM OF DHAKA
@@robyenney951 I don't actually speak Spanish Rob.... and Im not taking the time to translate it. Also... Who cares really? The democrats have brought in so many illegals it's really to late to do anything about it. Just have to deal with it... work around it so to speak...
The state is nothing but an instrument of oppression of one class by another - no less so in a democratic republic than in a monarchy. ~Friedrich Engels
We need to share this information all over the world people are waking up but what is happening in our country we are letting those mega businesses govern us
Dear Professor WoIff, when I listen to you I find an advanced vision of the status of people in the USA. Especially when it comes to the psychological side and the effect of the system on our well being. Given your experience in this area I was wondering if something can be done to change things that at least help our kids navigate this world without so much trauma . Thank you
Nice content! Few years back i was assistant to a wealthy pen artist and within the short period i worked with him i observed that he had quite a chunk of investment everywhere, stocks, crypto, dividend investing to name a few, so he had revenues coming in from all angles. And in a year his worth doubled. With this i learned that the rich stay rich by investing.
i agree with this but the problem now is getting to make the right investments, Lots of people tend to lose their money while investing thereby making them lose interest and also end up discouraging other individuals around them.
I think the major challenges investors face may range from controlling impulsiveness to the frail of compulsion. Most newbies and would-be investors often undermine and most often neglect the importance of technical analysis with regards to investing. Technical analysis overly predicts the movement of asset prices regardless of what is happening in the wider or broader market. Essentially, the process involves studying the paths of a particular asset movement in the past so as to establish a sustainable pattern that can be used to predict future movements or better still get an investment advisor who'd guide you and help you manage your portfolio just like my boss back then, He was working with an IA Fxbrusher and i would bet he still does. I can boldly recommend her because i've witnessed her performance first hand. She's the real deal.
Im a hotel housekeeper and I also pay more taxes. And my feet and back are punished on a daily bases. I work to keep my mother fed since her foodstamps were cut off from Covid relief
Hoarders and bullies cannot stand being called what they are, and that’s what the hoarders that ‘don’t want to pay for YOU’ are being called out on. They’ve worked very hard to compartmentalize their greed into places they can justify themselves to their god. The poors make them feel bad.
@@breft3416 To clarify... when I pay university to train me to be a physician I cant expect others to compensate for that training? When my husband farmer pays (up frontl for all the supplies to grow food... he cant expect others to compensate for the crops grown?
@@kellelane9307 what you're pointing out misses the real point here, that capitalism is about keeping the majority enslaved & indebted to a small group at the top, capitalism is a failed system and anyone who supports it supports the exploitation of the majority of humanity. This has to be changed into a fairer system.
I buy from King Arthur Baking Company..... 100% employee owned. It only makes sense. I remember when monopolies were not legal, but they are today. Even my Medicare Program gives me extra money "If" I buy from Walmart.... they recommend "healthy food from Walmart like Spam and Pork & Beans".
Kinda hard to give up now as a Millennial when someone from an older generation who has studied this stuff his whole life says it's eminently possible.
The moral/ethical aspects of our current socio-economic paradigm is an issue that seems to be ignored or denied by our "deciders" in business and government. "A chain is only as strong as its weakest link". The disregard for a huge swath of Americans only diminishes the viability of the paradigm itself, and exposes the duplicity of its overlords. America has become something different than what it has historically said it was.That slow but steady erosion of noble first principles has broken the interlinked chain that we once called democracy.
Civilization is a way of living together characterized by the use of hierarchical systems that render control of the resources everyone needs into a very few hands. What you are describing is a consequence of how we do civilization. All civilization uses hierarchy as a means to organize society. This creates a motivation for greed within the community. This greed motive to gain power within a hierarchy allows greed to flourish. When greed flourishes in any society, the community is in danger of being subject to the will of the greedy. So entire nations get set up to serve the interests of greedy individuals. The USA is a clear example of this. Individual interests are different than national interests. So as this process of filtering the greediest to the top continues within a society the national interests are set to the side in order to serve the private interests of the rich. This is why civilizations constantly fall apart or are forced to reorganize themselves... and the entire process starts over with a new set of authoritarians setting up a different hierarchy. Civilized people are trained in the acceptance of authority. This is a major weakness in the system.
But we never called it democracy...and that "historically said" as well as the "first principles" reference require considerably more clarification. Of course, you might be appealing to the ephemeral "what everybody knows" when the real state of knowledge is that "nobody knows".
@@blogintonblakley2708 not all civilizations. And not that others were all that much fun. Some were wiped out by disease, natural phenomena or e.g., Spaniards, British and French. Currently, it's a simple matter of unregulated capitalism.
Workers must be put first. Unfortunately look what is happening. Worker cooperatives should be encouraged to spread a more economic equality that would help society.
Another great example is the unity and cohesiveness of America during WWII. The idea of a common purpose strengthened the whole societal "mechanism" in pursuit of a noble goal. Today we are the the diametric opposite of that era. "Greed is good and every man for himself". The inequities and divisions that resulted from that paradigm shift is everywhere to be seen in contemporary America. Unless we can retrieve a new-found reverence for the common good, the general welfare of the nation, America will continue on its national downward spiral.
The Values of greed and selfishness are instilled into the American population via commercial advertising on TV, radio, the Internet; through our educational systems; and in every way it's drilled into us not to care about our neighbors, just get what we need, the hell with everyone else. This and the fiction that everyone has a chance to BECOME a member of the ruling 1% if they just work hard enough keeps approximately 99% of our working age population struggling quietly to get rich That is HOW our wealthy ruling class maintains control over their slaves.
Property taxes went up in America since 2019 from my experience and Blackstone has similar findings. My Bill 2019 per half $900.00 present taxes $2200.00. There is dead and available property everywhere.
I wish everyone watched this. I wish my friends and family watched this. It feels like I'm living amongst a bunch of capitalism addicts, like they are junkies hanging on to 1 more day of this mess before they get clean of the propaganda. It is gross, and I feel bad for them
To stay strong before the Outer world, it is possible to ignore inner problems for some time only. This country is Big enough, bigger than the ‘isms’ so people awake.
No, poor ppl just need to work harder, and manage their money smarter... says the RICH... yea i got cut off COVID EBT and i am PHYSICALLY LEGITAMATELY disabled and doNT get ANY assistance.. and they have denied me since 2013 even though I worked had a mortgage. 2008 ruined thAt... it is what it is.. THey are so blinded by their own GrEEd. Self rightousness. Thank you. Love your commentaries
On your SNAPS AND FOOD IN SECURITY. I have questions for you Sir Wolff. This was a very good article. First do think they had to lower the snap benefits so we could help out all of the immigrants coming to our Country. Do we have to divide our tax money up in order to help out more people? First our health care is horrific! When an immigrant comes to America . If they have a catastrophic Health Emergency we should take care of them. But we shouldn't be treating them and their families for colds and flu and stuff that is non-lethal unless we're doing it first for American Citizens. How's your FREE HEALTH CARE GOING? When immigrants crossing the border come over into the United States for health care all of it is FREE! There's no deductible! It's absolutely free and we're paying for it with our tax money. Now that's not fair. They don't have to pay anything. There having heart bypasses and other serious medical procedures and guess who's paying for it! You are! And guess who's not getting the benefits of government sponsored health care! Americans aren't. We spent right now 18.8 Billion dollars on free health care for immigrants crossing over into our country. That doesn't include the cost of food stamps and snap benefits. This also raises our national deficit and causes inflation.
While we are going over all these numbers on "Food Insecurities " Let's find out how many of the people who are receiving food stamps are selling them for drugs? Which is probably why they are poor to begin with !! Remember the most important thing you can teach your kids is. "JUST SAY NO TO DRUGS"
Great pep talk Prof. Wolf. Your historical explanation of the labor movement in the U.S. is what citizens need to hear because there are millions of Americans who don't know about FDR and the New Deal.
Sir Wolff; Here's a little bit of interesting information on the railways! Are train derailments up ? Are they down? There is a report out there that the AAR has submitted a safety alert notice. Your seeing this on some Reddit threads but basically its a bunch of metal kinda stacked on railroad tracks secured with some straps and stuff like that and this appeared on the railroad thread and also appeared on some of the prepper threads saying you know is this sabotage? What is causing all these train derailments! Yes there has always been train derailments but have they increased significantly? Are Train derailments up or down? We conflicting information from people. What's actually causing those train derailments. Is this maintenance issues? Is this sabotage? First of all the total number of train derailments is down or at least flatlined for the last number of years but train miles traveled is also down significantly! So with train miles down the rate of train derailments per train traveled mile is actually up. It's been up 5 out of the last seven years. It's going up. So if your a train the chances of you getting derailed on any given mile is up significantly from prior years. So is there an issue? I don't really care if there's less trains and then total less derailments. The simple fact is the likelihood of your train being derailed is going up. That is important! If you get rid of half the cars on the road and car accidents decrease by 25%. That means you've increased by 50 percent the chance of each car having an accident. That's not good news. So we have less trains out there. Even miles traveled by car derailments are up. So it's not just like well there's less trains but the trains are longer and so they're more susceptible to being derailed but overall cars themselves have less of a chance per mile to be derailed. Actually that's going up as well. So these are very interesting numbers. It seems there's more derailments than in the past. And more safety issues than in the past. What causes train derailments. Twenty three percent are caused by track failures. The percentage of derailments caused by track issues has actually been decreasing for the past twenty years. What has been increasing has been equipment failure. This is increasing every year. That could be maintenence issues of the train cars themselves. Twenty four percent of train derailments in the last number of years have been human error and that is increasing 36 percent, equipment failure increasing every year 23 percent track failures and that is decreasing every year.
I wonder if Profesor Wolf would believe a secure currency (gold? Silver? Bassket of commodities?) would help protect Social Security and minimum wage. Right now these benefits can be minimized through inflation.
i would say the problems of infrastructure (eg rail) arent due to problems with the political parties .. they're due to the fundamentals of the USA political/economic system (from which those parties emerged and dominate)
Regardless of the political system adopted Government's responsibility is " To Make People's Lives Better " ! If they couldn't we the people remove the incompetent, greedy and immoral politicians with our ballots! ! ! Is America Running Out of Young Presidential Candidates?
Absolutely correct. In China dynasties, her collapses r no foods, no one gov would survive without caaring of her people, d livelihoods. Common Americans hv been rather obedient, naive n loyal ones, allowing both political parties kepts manupulating d commoners since 90s, when USA economy starts deteriorating, from 45% of world economy to now ard 25%..
I'm sure making the poor people suffer and going hungry is the whole point! I mean could you imagine if the homeless people could go to the doctor when they were sick! That would make sixty percent of our current law makers furious!
We need to go deeper... we need to eliminate the financial assumptions that keep us all enslaved. We need to do MUCH better than fight over fiat "money."
Hello Professor I'm Polish American from Washington DC area I would like to suggest in America to open 3 years Advance trade school for all technical profession and we have to emphasize on science and Tech and trade North liberal arts not something which is unusable pretty much in the today Global world but okay and science engineering we have to do like 3 years technical school and the 5 years technical technical not just finished high school and don't go to college without any pretty much basic science
Perhaps one way to rationalize spending is some kind of contribution to democracy index. I think keeping people well condition with fun , culture and all basic necessities probably make large contributions. Helping Ukraine fight off Russian invasion? Not sure how big that index would be.
The analogy to 1930's ignores the status of globalization and the international competition. American people still maintain the highest income not because they are better educated or skilled, but because they are provided with a social system. American worker productivity is at best the same as an Asian worker's. If there is no other reason, an American worker would have been paid the same rate as a Chinese worker or a Vietnamese worker, no matter how American workers unite to fight. Therefore, there must be other important factors which this analysis has failed to include, rendering it incomplete.
We collectively choose this system every moment we allow it to continue, and deserve every single wretched thing it subjects us to. We've earned the rapidly approaching horrors of the petrol-dollar's collapse. I hope Americans are ready to watch our children starve the way we did to so many others.
When we put flesh and blood over corporate power, ownership, and control?... it would be good for the actual people...unfortunately our system doesn't allow such an approach Duh!
Just give me a break, people in America don’t have enough food, such a joke. Look at the world and see who is REALLY hungry, but it’s DEFINITELY not the people in the US.
![Global Capitalism: Capitalism Turns to the Authoritarian State [July 2023]](/img/1.gif)
"The cost of keeping rich people rich is becoming unbearable in this declining capitalist system" Spot on Proff Wolff! 🎯
😊
القرآن -
.. Now cast your rod! "But when he saw the rod writhing as though it were a serpent, he turned his back in retreat and did not even look behind. "O Moses, have no fear. Messengers have no fear in My presence
.. Except he who has committed some wrong. But if he substitutes good in place of evil, I am Most Forgiving, Most Compassionate
Indeed a Captalist system has done wonders in past like that staff of Moses but to exorcise the Devil of American society, This very staff Now will have to yeild Truth and the Acceptance of its Loss ..
Doctor Richard wolf you are one of the brilliant minds who is still with us today. Thank you .
Thank you!prof Wolff! You are the one who telling us the truth of USA!👍👍👍❤️❤️❤️
I was born and raised in the Soviet Union. My parents had an average soviet income. Nothing special. But I had a lucky childhood, good high school and free of charge university education of which many americans could not even dream.
When I hear modern american polititions talking about "Evil Soviet Russia" and "Danger of Communism and Socialism", I realize that these stupids never lived in a society where money and profit were not so important.
And yes, you need to a big extent a planned economy, because otherwise it would be a greedy chaos.
Many europeen countries nowdays are like "Soviet Union" of my childhood with all their modern social systems.
For example UK National Health Service of which americans can't even dream. Its free of charge. Or almost free high education in Germany.
And I never needed a car, cause in my big city in Soviet Union we had a perfect and cheap public transport and subway.
So neither I nor my parents "suffered" because we couldn't buy a car. But we had a three-room apartment that the state gave us forever free of charge.
If we improved a little bit the economic system of the Soviet Union and if there wouldn't be a cold war, it would be a way better system than a modern day USA mad house.
Thank you for this perspective
I have been looking for just this Russian! Who tells us about the good things that happened in the Soviet Union.
For us in India the Soviet Union was a beacon of hope!
@@rajagopalanlakshminarayanan millions of russians and others who lived in USSR, miss it, it had it faults, but it had a really good things too, like medicare & education it was available FOR EVERY SINGLE citizen, even if you lived in a rural village near arctic ocean!
@@rajagopalanlakshminarayanan Why didn't you join him in Russia ?
I agree. The rich can't live lavish lifestyles anymore, but everyone great and small all have food, housing, education, and medical care. It's greed and selfishness in a country with such wealth for all of these basic needs to be met.
Thank-you Mr. Wolff for educating us, and speaking the TRUTH 👍🕊️💕
But he didn't and doesn't...
This guy is a socialist liar. What are you talking about?
@@grizzlycharizard0017 and you know this how?
We love your show wollf , please continue this way 👍
Truly important video. People need this history. It DOES reinvigorate. It does motivate. Change is possible.
The government doesn’t really “give us” anything. We payed into it. It is not entitlement, but an earned benefit.
Prof Wolf you're a real one thank you for what you do, sticking your neck out for the sake of illuminating us stuck in the darkness. Thank you again and keep killing them with the facts.
Yes he is a "real" one...only the "what" remains to be determined.
We have never in the history of this country put people before politics it doesn't happen here! Politics always wins over the people!
Only exception was New Deal,
from 1930s to 1960s.
It costs me as a single person about $100 a week at the grocery store to eat properly. Nothing fancy and not processed crap!
Then why are food stamps only $200 per month?
Detailed and logical explanation. I heard about the Cost of Capital but there is also a cost of keeping rich people rich. Wow!
Some of us must pay with our lives. Death is dealt to those who spread the truth about what the US government does to ensure that the wealthy individuals and Corporate entities retain and increase their wealth.
YOUR NARAYGANJ IS THE DUNDEE OR STICK PARTY OF ENGLAND WHOSE MAIN WORK IS TO HIT THE NORTHERN IRELAND PEOPLE ALL THE TIME AND YOU ARE DOING THIS HITTING GAME IN BANGLADESH...HAMZA OF VABKI IS A DIRTY BRITISH MAN WHO PLAYED A GAME IN THE ROTTERDAM OF DHAKA
Thank you so much Professor for speaking much truth with such clarity, it's so appreciated 🙏
"When We Put People First in US Politics"?!? I am 66 yrs old and our government has NEVER put people first in my life time.
I'm 40 and it never has and never will. When the SCOTUS allowed Citizens United to pass and named corporations people I knew it was over. When they say they represent people I always tell myself that corporations are people so they're not lying.
NEVER in my lifetime either, and I'm 75 years old!!
US was started by English American Protestant capitalists
in late 1700s- always pro private profit!!
New Deal , 1930s to 60s, unfortunately, only.
Thank you sir for your good important work.
When we put People first we thrive and do better, because people don't feel like Their Country has abandoned them.
The country has abandoned them.
Who is "The Country"?
@@jgalt308 And to that I add... "which" country 🤔
That's socialism.
@@jgalt308 exactly. It's not a country. Putting people first is absurd. Owners own, workers serve. Class structure is order in society.
I wish we had Wolff at our high profile politicians' public appearances. His pertinent questions would spread great awareness.
YOUR NARAYGANJ IS THE DUNDEE OR STICK PARTY OF ENGLAND WHOSE MAIN WORK IS TO HIT THE NORTHERN IRELAND PEOPLE ALL THE TIME AND YOU ARE DOING THIS HITTING GAME IN BANGLADESH...HAMZA OF VABKI IS A DIRTY BRITISH MAN WHO PLAYED A GAME IN THE ROTTERDAM OF DHAKA
Thank❤🌹🙏 you, dear professor Wolff!
Sharp observation and been courageous to speak out. Hope voices like this can wake up the country to seriously think of reforming the system for the U.S. The masses of poor people need to be look after.
At minimum, all countries can use
1) ranked choice voting
2) proportional representation voting
3) outlaw private lobbying in politics
etc.
See relevant websites & videos on all 3.
Put people first that is BEAUTIFUL dream that will never will happens!
Spot on!
Always necessary and great stuff professor 👏
Thank you Professor for another thought provoking update
Great, thanks.
Common sense party is what we need.
If ONLY we had the right to choose a party that TRULY represents the will of the people... God help us take BACK our Country 🙏🙏🙏!!!
@@judithalltop3953On paper, US had the 3rd parties since 1800s, BUT no surprise, 2
main parties always join to stop them..
3rd parties need electolion changes, such as
1) ranked choice voting
2) proportional representation voting etc.
See websites & videos for both.
Thanks
thanks prof wolff for providing a little glimmer of hope in this segment with a very important history lesson
YOUR NARAYGANJ IS THE DUNDEE OR STICK PARTY OF ENGLAND WHOSE MAIN WORK IS TO HIT THE NORTHERN IRELAND PEOPLE ALL THE TIME AND YOU ARE DOING THIS HITTING GAME IN BANGLADESH...HAMZA OF VABKI IS A DIRTY BRITISH MAN WHO PLAYED A GAME IN THE ROTTERDAM OF DHAKA
Well said.
Thanks for dropping some knowledge
Usually, people are expected to clean up after themselves...or at least
that used to be the case.
Hello from rural Kansas🇺🇸
U$ doesn't need a new political party, it needs a new political system. Until that happens it will be big business as usual.
Agreed. The new one will be gamed the same way unfortunately.
Siempre aprendo un poquito 😃 más con el profesor.saludos desde Chile.
Estamos en Estados Unidos.. Aprender English..
@@robyenney951 Now California is one of the poorest states.... because we brought in so many that speak Mexican...
@@robyenney951 I don't actually speak Spanish Rob.... and Im not taking the time to translate it. Also... Who cares really? The democrats have brought in so many illegals it's really to late to do anything about it. Just have to deal with it... work around it so to speak...
@@robyenney951 Where are you? In England???
@@robyenney951 I am in California..
The state is nothing but an instrument of oppression of one class by another - no less so in a democratic republic than in a monarchy.
~Friedrich Engels
Thank you doc!!
Shared. Mahalo & Aloha.💜✌️
Interesting indeed. Thanks for posting for us.
We need to share this information all over the world people are waking up but what is happening in our country we are letting those mega businesses govern us
Dear Professor WoIff, when I listen to you I find an advanced vision of the status of people in the USA. Especially when it comes to the psychological side and the effect of the system on our well being. Given your experience in this area I was wondering if something can be done to change things that at least help our kids navigate this world without so much trauma . Thank you
Your the best.
Nice content! Few years back i was assistant to a wealthy pen artist and within the short period i worked with him i observed that he had quite a chunk of investment everywhere, stocks, crypto, dividend investing to name a few, so he had revenues coming in from all angles. And in a year his worth doubled. With this i learned that the rich stay rich by investing.
i agree with this but the problem now is getting to make the right investments, Lots of people tend to lose their money while investing thereby making them lose interest and also end up discouraging other individuals around them.
I think the major challenges investors face may range from controlling impulsiveness to the frail of compulsion. Most newbies and would-be investors often undermine and most often neglect the importance of technical analysis with regards to investing. Technical analysis overly predicts the movement of asset prices regardless of what is happening in the wider or broader market. Essentially, the process involves studying the paths of a particular asset movement in the past so as to establish a sustainable pattern that can be used to predict future movements or better still get an investment advisor who'd guide you and help you manage your portfolio just like my boss back then, He was working with an IA Fxbrusher and i would bet he still does. I can boldly recommend her because i've witnessed her performance first hand. She's the real deal.
Inspiring! do you think you can give me advice on how to invest in a healthy way like your boss? *
She's on inst 'gram
Fxbrusher "
I am a nurse and pay more taxes than trump that is crazy 😡
Im a hotel housekeeper and I also pay more taxes. And my feet and back are punished on a daily bases. I work to keep my mother fed since her foodstamps were cut off from Covid relief
Yes on time ..
Great stuff as usual! The outlook is bleak. Will enough people rise up?
Nope. They'll continue to defend the corporations and anything that is pro people will be labeled "communist".
Yes, is there another party besides democrat and republicans, to vote for? If not, we need capable people to form a new party.
Great update.
So you find "depressing" great?
@@jgalt308 Depressing for you but good reminder for me.
@@robertliang3529 A reminder to be depressed...yeah you gotta love
Wolff he and the Mrs. really care...
@@jgalt308 u smoking that good crack bruh, sorry empirical analysis of economics scares you
Amazing
"It's Frankensteeen" 😅
ty Mel Brooks
Gracias
Start to follow your work when I was playing blues music
Waiting⏳ for the show,
Hoarders and bullies cannot stand being called what they are, and that’s what the hoarders that ‘don’t want to pay for YOU’ are being called out on. They’ve worked very hard to compartmentalize their greed into places they can justify themselves to their god. The poors make them feel bad.
Hoarders of what? Bullies in what sense? Who are these people, what are they hoarding,
who are they "bullying"?
@@jgalt308 Money and everybody they can, bub. As the professor said- the dems, the republicans and the boards of directors.
@@breft3416 What money? That stopped being real in 1933.
Are you affected by the yacht shortage? Private jet shortage? Mansion shortage?
@@breft3416 To clarify... when I pay university to train me to be a physician I cant expect others to compensate for that training? When my husband farmer pays (up frontl for all the supplies to grow food... he cant expect others to compensate for the crops grown?
@@kellelane9307 what you're pointing out misses the real point here, that capitalism is about keeping the majority enslaved & indebted to a small group at the top, capitalism is a failed system and anyone who supports it supports the exploitation of the majority of humanity. This has to be changed into a fairer system.
Great video sir. You always give us good info. You’re very wise.
I buy from King Arthur Baking Company..... 100% employee owned. It only makes sense. I remember when monopolies were not legal, but they are today. Even my Medicare Program gives me extra money "If" I buy from Walmart.... they recommend "healthy food from Walmart like Spam and Pork & Beans".
Thank you Professor Wolff
1) Public Banks
2) Nationalize the US rail system
Kinda hard to give up now as a Millennial when someone from an older generation who has studied this stuff his whole life says it's eminently possible.
The U.S CONST. CANNOT be ever rightly UNDERSTOOD without DEVOTION.
The moral/ethical aspects of our current socio-economic paradigm is an issue that seems to be ignored or denied by our "deciders" in business and government. "A chain is only as strong as its weakest link". The disregard for a huge swath of Americans only diminishes the viability of the paradigm itself, and exposes the duplicity of its overlords. America has become something different than what it has historically said it was.That slow but steady erosion of noble first principles has broken the interlinked chain that we once called democracy.
Civilization is a way of living together characterized by the use of hierarchical systems that render control of the resources everyone needs into a very few hands.
What you are describing is a consequence of how we do civilization.
All civilization uses hierarchy as a means to organize society. This creates a motivation for greed within the community. This greed motive to gain power within a hierarchy allows greed to flourish.
When greed flourishes in any society, the community is in danger of being subject to the will of the greedy.
So entire nations get set up to serve the interests of greedy individuals. The USA is a clear example of this. Individual interests are different than national interests. So as this process of filtering the greediest to the top continues within a society the national interests are set to the side in order to serve the private interests of the rich.
This is why civilizations constantly fall apart or are forced to reorganize themselves... and the entire process starts over with a new set of authoritarians setting up a different hierarchy.
Civilized people are trained in the acceptance of authority.
This is a major weakness in the system.
But we never called it democracy...and that "historically said" as well as the "first principles" reference
require considerably more clarification.
Of course, you might be appealing to the ephemeral "what everybody knows" when
the real state of knowledge is that "nobody knows".
@@blogintonblakley2708 not all civilizations. And not that others were all that much fun. Some were wiped out by disease, natural phenomena or e.g., Spaniards, British and French. Currently, it's a simple matter of unregulated capitalism.
@@breft3416 Okay, can you name me a civilization that is/was run by a member/s of it's poorest class?
@@jgalt308 People have been calling the US a democracy from the beginning.
Please read Alexander de Tocqueville, "Democracy in America"
Workers must be put first. Unfortunately look what is happening. Worker cooperatives should be encouraged to spread a more economic equality that would help society.
We need real union activity to bring us closer to that next step which is collectivization and cooperatives
Another great example is the unity and cohesiveness of America during WWII. The idea of a common purpose strengthened the whole societal "mechanism" in pursuit of a noble goal. Today we are the the diametric opposite of that era. "Greed is good and every man for himself". The inequities and divisions that resulted from that paradigm shift is everywhere to be seen in contemporary America. Unless we can retrieve a new-found reverence for the common good, the general welfare of the nation, America will continue on its national downward spiral.
The Values of greed and selfishness are instilled into the American population via commercial advertising on TV, radio, the Internet; through our educational systems; and in every way it's drilled into us not to care about our neighbors, just get what we need, the hell with everyone else. This and the fiction that everyone has a chance to BECOME a member of the ruling 1% if they just work hard enough keeps approximately 99% of our working age population struggling quietly to get rich
That is HOW our wealthy ruling class maintains control over their slaves.
Property taxes went up in America since 2019 from my experience and Blackstone has similar findings. My Bill 2019 per half $900.00 present taxes $2200.00. There is dead and available property everywhere.
I wish everyone watched this. I wish my friends and family watched this. It feels like I'm living amongst a bunch of capitalism addicts, like they are junkies hanging on to 1 more day of this mess before they get clean of the propaganda. It is gross, and I feel bad for them
I was layed off from a Tech Company - Looking in Palm Bay, FL
3) to outlaw private lobbying in elections, etc.
4)!ranked choice voting
5) proportional representation
voting
etc.
People should not be treated like they are in a third world.
How should the people be treated who live in the third world?
Yes doctor wolf you are one of the brilliant American economics mind that I follow for many years please keep in light in US.
When even medicine is a business what do we expect?
Well, it is a "skill" of sorts...or can be...
To stay strong before the Outer world, it is possible to ignore inner problems for some time only. This country is Big enough, bigger than the ‘isms’ so people awake.
No, poor ppl just need to work harder, and manage their money smarter... says the RICH... yea i got cut off COVID EBT and i am PHYSICALLY LEGITAMATELY disabled and doNT get ANY assistance.. and they have denied me since 2013 even though I worked had a mortgage. 2008 ruined thAt... it is what it is.. THey are so blinded by their own GrEEd. Self rightousness. Thank you. Love your commentaries
On your SNAPS AND FOOD IN SECURITY. I have questions for you Sir Wolff. This was a very good article. First do think they had to lower the snap benefits so we could help out all of the immigrants coming to our Country. Do we have to divide our tax money up in order to help out more people? First our health care is horrific! When an immigrant comes to America . If they have a catastrophic Health Emergency we should take care of them. But we shouldn't be treating them and their families for colds and flu and stuff that is non-lethal unless we're doing it first for American Citizens. How's your FREE HEALTH CARE GOING? When immigrants crossing the border come over into the United States for health care all of it is FREE! There's no deductible! It's absolutely free and we're paying for it with our tax money. Now that's not fair. They don't have to pay anything. There having heart bypasses and other serious medical procedures and guess who's paying for it! You are! And guess who's not getting the benefits of government sponsored health care! Americans aren't. We spent right now 18.8 Billion dollars on free health care for immigrants crossing over into our country. That doesn't include the cost of food stamps and snap benefits. This also raises our national deficit and causes inflation.
The question very important one that US regime ought to listen
While we are going over all these numbers on "Food Insecurities "
Let's find out how many of the people who are receiving food stamps are selling them for drugs? Which is probably why they are poor to begin with !!
Remember the most important thing you can teach your kids is.
"JUST SAY NO TO DRUGS"
Please make one video on how big PBMs’ making medicine expensive in US and making it out of reach for common people.
wait you mean the Board of Directors of Alphabet Google RUclips Soup benefit?
Great pep talk Prof. Wolf. Your historical explanation of the labor movement in the U.S. is what citizens need to hear because there are millions of Americans who don't know about FDR and the New Deal.
Truth right here. It's both parties that are fairly worthless, always siding w big business over the people.
Workers of the world unite! We have nothing to lose but our chains!
Sir Wolff; Here's a little bit of interesting information on the railways! Are train derailments up ? Are they down? There is a report out there that the AAR has submitted a safety alert notice. Your seeing this on some Reddit threads but basically its a bunch of metal kinda stacked on railroad tracks secured with some straps and stuff like that and this appeared on the railroad thread and also appeared on some of the prepper threads saying you know is this sabotage? What is causing all these train derailments! Yes there has always been train derailments but have they increased significantly? Are Train derailments up or down? We conflicting information from people. What's actually causing those train derailments. Is this maintenance issues? Is this sabotage? First of all the total number of train derailments is down or at least flatlined for the last number of years but train miles traveled is also down significantly! So with train miles down the rate of train derailments per train traveled mile is actually up. It's been up 5 out of the last seven years. It's going up. So if your a train the chances of you getting derailed on any given mile is up significantly from prior years. So is there an issue? I don't really care if there's less trains and then total less derailments. The simple fact is the likelihood of your train being derailed is going up. That is important! If you get rid of half the cars on the road and car accidents decrease by 25%. That means you've increased by 50 percent the chance of each car having an accident. That's not good news. So we have less trains out there. Even miles traveled by car derailments are up. So it's not just like well there's less trains but the trains are longer and so they're more susceptible to being derailed but overall cars themselves have less of a chance per mile to be derailed. Actually that's going up as well. So these are very interesting numbers. It seems there's more derailments than in the past. And more safety issues than in the past. What causes train derailments. Twenty three percent are caused by track failures. The percentage of derailments caused by track issues has actually been decreasing for the past twenty years. What has been increasing has been equipment failure. This is increasing every year. That could be maintenence issues of the train cars themselves. Twenty four percent of train derailments in the last number of years have been human error and that is increasing 36 percent, equipment failure increasing every year 23 percent track failures and that is decreasing every year.
FDIC Protected saving from bank failures.
I wonder if Profesor Wolf would believe a secure currency (gold? Silver? Bassket of commodities?) would help protect Social Security and minimum wage. Right now these benefits can be minimized through inflation.
Nothing will change. Both parties are captured by corporations. Both parties benefit by nothing changing.
@YTCensors In the US, the two parties are the two sides of the same coin. So, we can't change the part and we can't change the plan.
They almost made it 1/4 of the way to Akron before fucking up again and spilling the “cleaned” up spill that was being trucked out.
i would say the problems of infrastructure (eg rail) arent due to problems with the political parties .. they're due to the fundamentals of the USA political/economic system (from which those parties emerged and dominate)
Population and paranoia of the political power is the problem
Regardless of the political system adopted Government's responsibility is " To Make People's Lives Better " !
If they couldn't we the people remove the incompetent, greedy and immoral politicians with our ballots! ! !
Is America Running Out of Young Presidential Candidates?
Absolutely correct. In China dynasties, her collapses r no foods, no one gov would survive without caaring of her people, d livelihoods. Common Americans hv been rather obedient, naive n loyal ones, allowing both political parties kepts manupulating d commoners since 90s, when USA economy starts deteriorating, from 45% of world economy to now ard 25%..
“The cost of keeping rich people rich”
🎯🎯🎯
Thank you! 🌎✊🗽🌹 We can do it!
Share buybacks should be illegal
I'm sure making the poor people suffer and going hungry is the whole point! I mean could you imagine if the homeless people could go to the doctor when they were sick! That would make sixty percent of our current law makers furious!
We need to go deeper... we need to eliminate the financial assumptions that keep us all enslaved.
We need to do MUCH better than fight over fiat "money."
#The3Tacks #GiletsJaunes #RiC
The acknowledgment that it is fiat, is the first step.
Can you see my other comments on this video?
Hello Professor I'm Polish American from Washington DC area I would like to suggest in America to open 3 years Advance trade school for all technical profession and we have to emphasize on science and Tech and trade North liberal arts not something which is unusable pretty much in the today Global world but okay and science engineering we have to do like 3 years technical school and the 5 years technical technical not just finished high school and don't go to college without any pretty much basic science
Perhaps one way to rationalize spending is some kind of contribution to democracy index. I think keeping people well condition with fun , culture and all basic necessities probably make large contributions. Helping Ukraine fight off Russian invasion? Not sure how big that index would be.
Thank you very much Prof. Wolff , educational indeed ! 👍🏻✌🏻🙏🤚🏻👏😁❤️.
The analogy to 1930's ignores the status of globalization and the international competition. American people still maintain the highest income not because they are better educated or skilled, but because they are provided with a social system. American worker productivity is at best the same as an Asian worker's. If there is no other reason, an American worker would have been paid the same rate as a Chinese worker or a Vietnamese worker, no matter how American workers unite to fight. Therefore, there must be other important factors which this analysis has failed to include, rendering it incomplete.
We collectively choose this system every moment we allow it to continue, and deserve every single wretched thing it subjects us to.
We've earned the rapidly approaching horrors of the petrol-dollar's collapse.
I hope Americans are ready to watch our children starve the way we did to so many others.
We have physical proof that lives become prosperous when put first--CHINA HAS DONE JUST THAT.
When we put flesh and blood over corporate power, ownership, and control?... it would be good for the actual people...unfortunately our system doesn't allow such an approach Duh!
Just give me a break, people in America don’t have enough food, such a joke. Look at the world and see who is REALLY hungry, but it’s DEFINITELY not the people in the US.
16:00 -And Americans had a leader they could respect. Joe Biden is no Franklin Roosevelt.
Amen we have to change if we want this to work