Glad I listened to whole broadcast. Judy's 50 year gold backed bond is a good Idea. Judy's wrong about not enough gold in fort know to back dollar. That's why you revalue Gold to $28,000 per oz to back 40% gold to M1 money supply. It will work. Back dollar 40% gold
Anything compared to the dollar being 100% backed by nothing. . Created out of thin air , by country with debt that no one can explain how it will be financed in the future , let alone paid off . Congress transforms good people into spending junkies nearly 100% of the time.
If Judy Shelton is right, and 62% of the $42 trillion increase in household wealth went to the top 10% of income earners in the past 4 years, then the plan of President Biden to build an economy from the bottom up and middle out did not work. On a personal level, I feel the power of my parents and other relatives to get me to develop an inferiority complex, something I do not want. It is as if I am set up to ask my parents, my sister, her husband, and my nephews how to be a superior person in character and judgement. I really do not like this. A question in my mind has been this: is some group or individual determined to show I am deceptive to my parents?
What does the significant rise in the price of gold now say about monetary stability? Does it confirm that the Fed has lost control of the real value of the dollar?
What Judy proposed are sound central bank policies. But can they be implemented given the high current deficit n debt? The system is such that the first day of every first term president is to plan for re-election. Can they afford to implement such policies?
If Judy is all for zero inflation, why is she against falling prices? Can you keep the inflation at exactly zero? When the economy slows down, falling prices is not necessarily bad. Many have written about a crumbling Chinese economy in the last three decades, including famous economists. They were all proven wrong!
Consumer spending is approx 70% of the economy. When prices fall, particularly for big ticket items, consumers postpone purchases hoping for a better price. Falling price undermines the economy.
If the loss of purchasing power of dollar was determinant to size of Congressional and all government employees . ie ; achieving 2% target inflation resulting in 2% reduction of gov. Jobs across the board ( including the FED) and Congress ! The FED must be fundamentally transformed to do practically the opposite of what it has been doing since inception.
Are you economists or political commentators? Your extreme right wing bias is too distracting. Please stick to what you may actually know about because all of your political comments are absurd.
What IS right wing bias that you speak of? Making sure that our money is NOT ENDLESSLY debased/purchasing power eroded? A 2% inlation target guarantees that those who have fixed incomes as do MANY of the elderly, those whose wages do NOT go up, particularly when millions of immigrants, mostly illegal and mostly young males are brought in to compete with those mostly fixed low wages, are guaranteed to have their lives diminished materially through ANY amount of inflation. Meanwhile EVERYThing they need to purchase is going up each and every year, EVEN if and when the 2% target is accomplished. These are not Right or Left wing ideas and circumstances. 60% of our fellow citizens are NOT doing great! If that is a "right wing" issue then you might want to think that through until you see that this is a National problem. Occasionally one side of an issue is very wrong. This is one of them.
Glad I listened to whole broadcast. Judy's 50 year gold backed bond is a good Idea. Judy's wrong about not enough gold in fort know to back dollar.
That's why you revalue Gold to $28,000 per oz to back 40% gold to M1 money supply. It will work. Back dollar 40% gold
Anything compared to the dollar being 100% backed by nothing. . Created out of thin air , by country with debt that no one can explain how it will be financed in the future , let alone paid off . Congress transforms good people into spending junkies nearly 100% of the time.
Re-Valuation of Gold will not only pay off the National Debt but make many new multi millionaire’s! Get with it!!
Who is funding this channel? Let me think, Hmmmmmm. “Independent?” Spare me!
min 17.....they are NOT "ASLEEP AT THE WHEEL". They are turning the wheel deliberately in a different direction
If Judy Shelton is right, and 62% of the $42 trillion increase in household wealth went to the top 10% of income earners in the past 4 years, then the plan of President Biden to build an economy from the bottom up and middle out did not work. On a personal level, I feel the power of my parents and other relatives to get me to develop an inferiority complex, something I do not want. It is as if I am set up to ask my parents, my sister, her husband, and my nephews how to be a superior person in character and judgement. I really do not like this. A question in my mind has been this: is some group or individual determined to show I am deceptive to my parents?
You made it 4 minutes longer than I.
@ 58 if you don't address mandatory spending nothing gets fixed.
The problem with MMT is the same problem with Keynesian Economics. They give cover to politicians to spend more.
Thank you for sharing this excellent experts 🎉❤
What does the significant rise in the price of gold now say about monetary stability? Does it confirm that the Fed has lost control of the real value of the dollar?
Judy when are you debating Stephanie! That would be bigger than Tyson and Jake Paul, in my mind.
Detective of money politics following this content cheers from VK3GFS and 73s from Frank from Melbourne Australia 🇦🇺
@ ~ 30+ discussion of the gold bond: sounds promising but Trump is talking about a Bitcoin reserve.
What Judy proposed are sound central bank policies. But can they be implemented given the high current deficit n debt? The system is such that the first day of every first term president is to plan for re-election. Can they afford to implement such policies?
Amen and thanks. Indeed, it is not only deflation, but a broader repricing of capital and labor which massively redistributes wealth over generations.
That's why they didn't have any audit from 1953😂😂😂😂😂
If Judy is all for zero inflation, why is she against falling prices? Can you keep the inflation at exactly zero? When the economy slows down, falling prices is not necessarily bad. Many have written about a crumbling Chinese economy in the last three decades, including famous economists. They were all proven wrong!
Consumer spending is approx 70% of the economy. When prices fall, particularly for big ticket items, consumers postpone purchases hoping for a better price. Falling price undermines the economy.
If the loss of purchasing power of dollar was determinant to size of Congressional and all government employees . ie ; achieving 2% target inflation resulting in 2% reduction of gov. Jobs across the board ( including the FED) and Congress ! The FED must be fundamentally transformed to do practically the opposite of what it has been doing since inception.
Are you economists or political commentators? Your extreme right wing bias is too distracting. Please stick to what you may actually know about because all of your political comments are absurd.
What IS right wing bias that you speak of? Making sure that our money is NOT ENDLESSLY debased/purchasing power eroded? A 2% inlation target guarantees that those who have fixed incomes as do MANY of the elderly, those whose wages do NOT go up, particularly when millions of immigrants, mostly illegal and mostly young males are brought in to compete with those mostly fixed low wages, are guaranteed to have their lives diminished materially through ANY amount of inflation. Meanwhile EVERYThing they need to purchase is going up each and every year, EVEN if and when the 2% target is accomplished. These are not Right or Left wing ideas and circumstances. 60% of our fellow citizens are NOT doing great! If that is a "right wing" issue then you might want to think that through until you see that this is a National problem. Occasionally one side of an issue is very wrong. This is one of them.
Manufacturing in America? America must offer a more attractive pay than financiers n have shorter work hours to attract talent. Can you afford?
Hmm, no talk of bitcoin as sound money 🤔
you have to read her book 'good as gold' for that
Yeah -- my thoughts exactly. However, it'd be nice if Bitcoin acted more like sound money consistently. Hard to discuss.
Possibly someday. It will take more than bitcoins short lifespan compared to gold to establish it as sound money.
Money is a medium of exchange. Bitcoin is a poor choice as a medium of exchange because its price fluctuates to wildly.
@@lakeguy65616 Exactly right. And the same can be said about gold as well.
Mushroom secretary has no idea what you are talking about 😂😂😂😂😂😂and Powell just dreaming has knowledge like Judy Shelton 😂😂😂😂😂😂😂
Cheating is the reason 😂😂😂😂