"How COVID-era monetary policy changed everything" Everyone who has to trade labor for money got fucked,but on the other hand all the billionares and elites who own stuff got richer at unprecedented rate.
We no longer practice capitalism, we switched to corporatism. In a capitalist society as described by Adam Smith, the guy who invented capitalism, businesses would complete for our custom with better goods at cheaper prices. Profits weren't the main goal but a happy side effect. Once we abandoned that concept of businesses competing for our custom and switched to competing to maximize profits, we ceased to be a capitalist society. Now under corporate rule we get shoddy goods, planned obsolescence (premeditated vandalism), and higher prices. Profit is the only goal now and at any cost to the well-being of the nation itself and its citizens. They'll charge us whatever they damn well please and we'll buy it because we have no choice. We lost the plot decades ago, covid just gave corporations an excuse to gouge us even further.
“It is not from the benevolence of the butcher, brewer or baker that we expect our dinner, but from their regard for their own interest” -Adam Smith Profit Motive has ALWAYS been the core tenet of capitalism.
@MorseAttack Yes on an individual level that is the driving force behind one person running their business which is why he makes mention of it but the other more fundamental core tenet of competition with better goods at lower prices was thrown out the window. Legislation in favor of labor, thrown out the window. We cherry picked his works into an aberration of his intended system. If we listened to all he had to say, he was talking about bringing the quality of life up for all citizens on a national level through the generation of overall distibuted wealth, not consolidation of wealth to the top. Not winner take all profit maximization. That was something to be specifically guarded against "Those nations in which we see the highest profits are those heading fastest to ruin." -also Adam Smith. The book is called The Wealth of Nations not The Wealth of a Few Individuals. Where he went wrong was that he expected that people had already read his previous works on morality, works he himself considered more important to his overall philosophy. A mistake we all still make by ignoring his other books which were meant to be read together. Marx was a huge fan of Adam Smith for a reason. Capitalism if done the way it was meant would have been more beneficial to socialist goals than socialism.
You're the one who's cherry picking mate. It was always about being profitable. The competition you're talking about can be done in one of two ways, either by making a better product or by selling at a lower price than your competition.
It also pushed more people into the online shopping option, so demand wasn't constrained by mobility or the ability to "go shopping." It further eroded main street capitalism & aided large scale direct to consumer supply chains. Eg: You buy your shoes directly from Nike or Adidas & the local shoe store is marginalized & eventually closed.
After COVID, there has been a significant shift in the economic models, from demand-constrained to supply-constrained. This is the impact of supply chains and manufacturers having to operate under disruptions caused by shortages of materials, labor, and transportation.
More than 80% of newly-built single-family homes sold in 2019/2022 belonged to an HOA. during the 2004 housing boom-home prices were significantly inflated, leaving people unable to sell later because they owed more on the house than it was worth. I know several people who bought during that time, thinking it was a good investment, but it wasn’t until the COVID housing boom that prices finally returned to those original levels.
To balance out your real estate holdings, I suggest investing in equities. If you're cautious, even the worst recessions can present fantastic buying opportunities. Additionally, volatility can produce fantastic short-term purchase and sell opportunities. This is not financial advise, but you should buy immediately away because money isn't king right now!
You're right. I was able to diversify my 450K portfolio across markets with the aid of an investment coach, and I was able to use high dividend yield stocks, ETFs, and bonds to generate a little over $830K in net profit.
Would you mind providing details on the advisor who helped you? saving for a pension through a corporate program since the age of 18. I hit greater tax along the road, so I increased my company pension with a SIPP (tax benefits). I'm now 50 and would love to expand my finances more aggressively; there are a few automobiles I still want to drive and a few mega-vacations that I still want to take.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Melissa Terri Swayne for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you for this tip. It was easy to find your coach on the web. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
I recall one of the debates of the time was the over-reliance on monetary policy (when all you have is a hammer...), and the very anti-capitalist control over the price of money, instead of letting market forces dictate. Let's not forget the vast majority of funds went directly to businesses under the guise of maintaining supply of labor, which were then pocketed by business. They constrained supply was the velocity of money, limited mostly to surging stocks (a k shaped recovery). Look up the Danish Economic Cure, which addressed the same problems of today through taxation (the other side of monetary policy).
Don't worry! I am sure Trump will fix this by raising the price of all goods by 20% with Tariffs and by cutting the taxes for the people you're giving an additional 20% for the same or worse products! Thanks Trump!
This video can make anyone appreciate why govt should not bailout big biz. Messes with what I have learned should happen when biz does badly. They should cease or change. Not get bandaids to go on doing it again. I.e. housing issue: are we not so close to 2008 again?
This was a comment on the mercantilist system of the time, where high profits were artificially created by state protectionist policies that distorted markets. (Kind of like what Trump wants to do)
you're making a demand-constained economy sound like a good thing. in reality that means our society can produce all these nice goods, but those who determine how wealth is distributed (companies that pay wages, government through taxation and the central bank through interest rates) collectively decide that the average worker/consumer should only be able to afford an artificially small fraction of those goods. that's first of all inefficient, and secondly unfair, because it's those same workers that actually produce the goods. also, we see clearly that it's a really bad idea to try to bring down demand after supply shortage we've seen during covid. those countries in europe that allowed wages to rise and fought inflation with price controls now have the highest economic growth, while those that tried to bring wages down and didn't implement price controls are now in recession.
Don't believe most of it, but thanks for trying. Here is my theory: businesses constantly assess what we will pay and how much we can pay to wrench out every red cent possible. They long have figured out how to thwart supply, i.e. walmart warehouses so they control the price by underbidding competitors.
you're not wrong there, but there can be more than one cause/reason/truth. the reality is a complex convoluted thing and its important to understand the many aspects to get a grasp of how they act together in the big picture
So have you done any research on this topic? Or you just assume that your random experiences in life are enough to just dismiss all the accepted wisdom? Do you know what subjective value theory is? Or you just arrogantly rocking from the top of the dome cuz you’re too ignorant to understand how much there is you don’t know? Ie dunning Kruger?
In a competitive environment, your competition will out-price you if you do this. With supply chains struggling, every one increases price, but those who have the capacity to supply will follow their competitors price increases, because they can.
All small and middle business werent saved as they thought they would they were caught in a net and arent able to pay of those loans and get aquired by big companies for the lowest possible price...
This is a great video, explaining inflation and unemployment and growth through the concept of supply-constrained vs demand-constrained makes those phenomena more intuitive and understandable
Demand is high, supply is low. So prices can increase without worry that competition will out-price you. Its pretty much the central theme of this video….
How do you know who is a bot? Are you even reeeeeeeeeeeeeeeeeeeeeeel ? Am I ? I my goshyshoy... Please select the bicycles in these picture for me.🚲🚲🐒🐘🐕🦺🍌🌶🍒🛴🚲🚔🛶🚡🛫🚲
But doesn't this prove exactly why basic income and good social security is a necessity for a developed economy? Demand shortage is either because your product isn't needed or obsolete, or just bad, I guess. OR.... The simplest answer why you have demand shortage... People just don't have any money to spend. How can you profit from sales if nobody comes to buy your stuff? And in the case of cars, which, newly bought, cost over 1/5th of a very decent house... Something like 35k euros/dollars, I don't know exact prices, but like who is gonna buy a new car at that price when we (normal folks) earn like 2100-2500 euro/dollar in first world countries? When we gotta take care of kids, buy a house and actually, you know, live? Idk bro I think this economist just proved why we need basic income with that explanation.
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
This supposed explanation doesnt make any sense... It ignores all the real causes, mainly speculation in the financial markets, and builds this imaginary story about pretend car makers... There are hundreds of real stories and actual data about the subprime mortgage crisis, yet he resorts to these false analogies and dumb metaphores.
*I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much money on stook market but now making around $18k to $21k every week trading different stocks and cryptos*
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
Where do you get that the FED works towards full employment as a goal?? Instead, the FED has raised interest rates to increase unemployment throughout history. Prior to very recent years,, its optimal unemployment rate was around 7%.
It's almost like they updated the metrics they use. How dare they try to do a better job! The audacity It's called a Dual Mandate. European countries have three competing mandates. Do you understand what the word competing means? It means you can't do all of them at once.
let me simplify and explain this in a few sentences. What he meant was when interest rates goes to 0% and you have money printing happening disguised by wired names (e.g. Tarp, Cares act, American rescue plan). Make sure you have a plan to dump your useless dollars to buy assets.
So if I understand this correctly, President Biden's fiscal policy did work. It just didn't have the time to stabilize after the initial disruption. Right?
"Supply-shortage" does explain some of the daily goods going up but not all. Many corporations and industries, either because the goverment is supporting them or because that produc is now seen as an "asset", are just not selling or only selling at the absurd price THEY want. We see it most in the housing market where homes have become like "maket stock" so major relastate companies just hold on to it, even if it's a run down studio in the middle of a poor neighbourhood.
The answer is to use anti-trust to break up as many large corps as possible and force them to compete for business. They will keep gouging us until competition returns to the market. Just look at electric cars, the big corps don't need to change anything because they can just pay off a senator to block imports.
it’s wild how no one talks about Magnetic Aura by Takeshi Mizuki even though it completely shifts how you see things, but I guess not everyone is ready
Trump's proposed tariff plan has caused market volatility, leading to declines in tech and manufacturing stocks. With uncertainty ahead, I'm reallocating assets in my $400K portfolio, aiming to avoid losses while staying positioned for a potential market rebound.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advlsors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Sure, *Victoria Louisa Saylor* is the licensed advisor I use. Just search the name. You’ll find necessary details to work with to set up an appointment.
Great content, as always! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
The Fed operates too much in the dark. It takes time and serious investment and redundancy in our systems to get the tech we need. The FED’s data has been massively constrained to macro effects for decades. And literally every single one of the hits to the economy has been micro economic. Like this September. Spruce Pine NC is the sole location, the only source to mine, which supplies the entire world with chip processing equipment. Oh ok you can get lower quality sourced from Russia and China. Which makes chip processing slower while causing issues that raise obsoletion and heighten demand. Meaning supply constrained. Lovely. No biggie right?…. One of the two mines in Spruce Pine will take many months perhaps years to go back into operation after Hurricane Helene. Ya know… cuz climate change is a made up thing supposedly. Meanwhile we’ve put those same deniers back in DC. Here we go again, flushing the economy. Solutions: rank choice voting, otherwise they vote themselves in essentially via United citizens act which legalized the whole thing. Deliberative democracy now and ongoing which lets politicians know in detail what we expect from them. It takes a sample from every demographic and hashes out those details. Common Sense America is sort of an example using briefs and surveys. But we need lots more groups to include ways to discuss issues and hash out details between the demographics by limiting the amount of time per speaker and different grouping per session. It’s much simpler than it sounds. Look up deliberative democracy.
Read "The Creature from Jekyll Island" book and you will understand the whole picture of how this masterpiece of a system works. You will want to throw up at the end of almost every chapter.
FACT: America is a death cult in a mild Depression now. 70% + of population cannot afford anything in society and now there is rampant loss of a roof over one’s head, no healthcare, struggling to find healthy food for low prices, no social life, hard to keep up with car repairs that are too expensive, no ability to travel, etc
!!I am at the beginning of my "investment journey", planning to put 185K into dividend stocks so that I will be making up to 30% per year in dividend returns. any good stock recommendation on great performing stocks or Crypto will be appreciated.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work.. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience..
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally.. What's your take on this approach? and How can i reach her, if you don't mind me asking?
I'm retired at 38, went from Grass to Grace. This video here reminds me of my transformation from a nobody to good home, honest wife, $65k biweekly and a good daughter full of love🤍🤍
I raised 305k and Mildred Evelyn Rooney is to be thanked. I got my self my dream car a just last weekend, My journey with her started after my best friend came back from New York and saw me suffering in dept then told me about her and how to change my life through her. Mildred Evelyn Rooney is the kind of person one needs in his or her life! I got a home, a good wife, and a beautiful daughter. Note!: this is not a promotion but me trying to make a point that no matter what happens, always have faith and keep living!!
I've always wanted to be involved for a long time but the volatility in the price has been very confusing to me. Although I have watched a lot of RUclips videos about it but I still find it hard to understand
"How COVID-era monetary policy changed everything" Everyone who has to trade labor for money got fucked,but on the other hand all the billionares and elites who own stuff got richer at unprecedented rate.
History of the world.
AI will fix all...maybe.
You forgot, then made closed all the loopholes and changed the laws so you and I couldn't get rich.
History of all government trying to "fix the economy."
They make their friend rich, call it free markets.
Crony Capitalism is Socialism lite.
@@The.AI.podcasts Who owns AI?
Phone call in 2020 between CEO's like Kroger stated they wanted to milk the pandemic for profits by price gouging.
We no longer practice capitalism, we switched to corporatism. In a capitalist society as described by Adam Smith, the guy who invented capitalism, businesses would complete for our custom with better goods at cheaper prices. Profits weren't the main goal but a happy side effect. Once we abandoned that concept of businesses competing for our custom and switched to competing to maximize profits, we ceased to be a capitalist society. Now under corporate rule we get shoddy goods, planned obsolescence (premeditated vandalism), and higher prices. Profit is the only goal now and at any cost to the well-being of the nation itself and its citizens. They'll charge us whatever they damn well please and we'll buy it because we have no choice. We lost the plot decades ago, covid just gave corporations an excuse to gouge us even further.
Great comment. 100% true.
That's how The One EyedFarmers work
“It is not from the benevolence of the butcher, brewer or baker that we expect our dinner, but from their regard for their own interest”
-Adam Smith
Profit Motive has ALWAYS been the core tenet of capitalism.
@MorseAttack
Yes on an individual level that is the driving force behind one person running their business which is why he makes mention of it but the other more fundamental core tenet of competition with better goods at lower prices was thrown out the window. Legislation in favor of labor, thrown out the window. We cherry picked his works into an aberration of his intended system. If we listened to all he had to say, he was talking about bringing the quality of life up for all citizens on a national level through the generation of overall distibuted wealth, not consolidation of wealth to the top. Not winner take all profit maximization. That was something to be specifically guarded against "Those nations in which we see the highest profits are those heading fastest to ruin." -also Adam Smith. The book is called The Wealth of Nations not The Wealth of a Few Individuals. Where he went wrong was that he expected that people had already read his previous works on morality, works he himself considered more important to his overall philosophy. A mistake we all still make by ignoring his other books which were meant to be read together. Marx was a huge fan of Adam Smith for a reason. Capitalism if done the way it was meant would have been more beneficial to socialist goals than socialism.
You're the one who's cherry picking mate. It was always about being profitable. The competition you're talking about can be done in one of two ways, either by making a better product or by selling at a lower price than your competition.
It also pushed more people into the online shopping option, so demand wasn't constrained by mobility or the ability to "go shopping." It further eroded main street capitalism & aided large scale direct to consumer supply chains. Eg: You buy your shoes directly from Nike or Adidas & the local shoe store is marginalized & eventually closed.
After COVID, there has been a significant shift in the economic models, from demand-constrained to supply-constrained. This is the impact of supply chains and manufacturers having to operate under disruptions caused by shortages of materials, labor, and transportation.
Next on your list should be to explain Tariffs 😊
Sadly, the people who voted for "tariffs" are the exact people who won't be bothered to educate themselves.
Tariffs aint happening, its all about creating shock an awe for attention with dump@lsdzheeusi
Winston Churchill… “A nation cannot tariff its way to prosperity.”
@@lsdzheeusi They will also be those most affected by tariffs as the cost of imported goods goes up.
More than 80% of newly-built single-family homes sold in 2019/2022 belonged to an HOA. during the 2004 housing boom-home prices were significantly inflated, leaving people unable to sell later because they owed more on the house than it was worth. I know several people who bought during that time, thinking it was a good investment, but it wasn’t until the COVID housing boom that prices finally returned to those original levels.
To balance out your real estate holdings, I suggest investing in equities. If you're cautious, even the worst recessions can present fantastic buying opportunities. Additionally, volatility can produce fantastic short-term purchase and sell opportunities. This is not financial advise, but you should buy immediately away because money isn't king right now!
You're right. I was able to diversify my 450K portfolio across markets with the aid of an investment coach, and I was able to use high dividend yield stocks, ETFs, and bonds to generate a little over $830K in net profit.
Would you mind providing details on the advisor who helped you? saving for a pension through a corporate program since the age of 18. I hit greater tax along the road, so I increased my company pension with a SIPP (tax benefits). I'm now 50 and would love to expand my finances more aggressively; there are a few automobiles I still want to drive and a few mega-vacations that I still want to take.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Melissa Terri Swayne for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you for this tip. It was easy to find your coach on the web. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
I recall one of the debates of the time was the over-reliance on monetary policy (when all you have is a hammer...), and the very anti-capitalist control over the price of money, instead of letting market forces dictate.
Let's not forget the vast majority of funds went directly to businesses under the guise of maintaining supply of labor, which were then pocketed by business. They constrained supply was the velocity of money, limited mostly to surging stocks (a k shaped recovery).
Look up the Danish Economic Cure, which addressed the same problems of today through taxation (the other side of monetary policy).
you failed to mention war and disruption of international supply chain
Only one of those wars are real. And they disrupted the supply chain.
What about price gouging by corporations contributing to inflation? No mention!
Man, we're lucky that corporations didn't think of price gouging earlier.
@@ce2flaco The context wasn't appropriate back then.
@@ce2flacothey have. It's not anything new
Because leftism has severely damaged our economies in the West, and that's an undeniable truth. Kill your bias.
Don't worry! I am sure Trump will fix this by raising the price of all goods by 20% with Tariffs and by cutting the taxes for the people you're giving an additional 20% for the same or worse products! Thanks Trump!
This video can make anyone appreciate why govt should not bailout big biz.
Messes with what I have learned should happen when biz does badly. They should cease or change.
Not get bandaids to go on doing it again.
I.e. housing issue: are we not so close to 2008 again?
If the government doesnt bail out big businesses the void is filled by foreign companies and imports.
"Those nations in which we see the highest profits are those heading fastest to ruin."
-Adam Smith, founder of capitalism
Wealth of Nations should be mandatory reading
This was a comment on the mercantilist system of the time, where high profits were artificially created by state protectionist policies that distorted markets.
(Kind of like what Trump wants to do)
you're making a demand-constained economy sound like a good thing. in reality that means our society can produce all these nice goods, but those who determine how wealth is distributed (companies that pay wages, government through taxation and the central bank through interest rates) collectively decide that the average worker/consumer should only be able to afford an artificially small fraction of those goods.
that's first of all inefficient, and secondly unfair, because it's those same workers that actually produce the goods.
also, we see clearly that it's a really bad idea to try to bring down demand after supply shortage we've seen during covid. those countries in europe that allowed wages to rise and fought inflation with price controls now have the highest economic growth, while those that tried to bring wages down and didn't implement price controls are now in recession.
Don't believe most of it, but thanks for trying.
Here is my theory: businesses constantly assess what we will pay and how much we can pay to wrench out every red cent possible.
They long have figured out how to thwart supply, i.e. walmart warehouses so they control the price by underbidding competitors.
What don't you believe?
you're not wrong there, but there can be more than one cause/reason/truth. the reality is a complex convoluted thing and its important to understand the many aspects to get a grasp of how they act together in the big picture
So have you done any research on this topic? Or you just assume that your random experiences in life are enough to just dismiss all the accepted wisdom? Do you know what subjective value theory is?
Or you just arrogantly rocking from the top of the dome cuz you’re too ignorant to understand how much there is you don’t know? Ie dunning Kruger?
In a competitive environment, your competition will out-price you if you do this.
With supply chains struggling, every one increases price, but those who have the capacity to supply will follow their competitors price increases, because they can.
All small and middle business werent saved as they thought they would they were caught in a net and arent able to pay of those loans and get aquired by big companies for the lowest possible price...
This is a great video, explaining inflation and unemployment and growth through the concept of supply-constrained vs demand-constrained makes those phenomena more intuitive and understandable
4:08 wow this is apologetic for banks. Banks created 2008
Why did corporations decide to increase the prices?
Because they can due to a lack of competition. As goods increase prices may go down
Because it's cool. 😎
@joe-y4o5y "as goods increase" meaning the supply chain issues due to the pandemic ?
Because they could...
Demand is high, supply is low.
So prices can increase without worry that competition will out-price you.
Its pretty much the central theme of this video….
Great explanation! You’ve ignited a curiosity to dive into Economics a bit more than I have in my life thus far.
Of the currently 50 comments on this video, I believe approximately 7 of them are not bots
the amount of bots in youtube is insane these days.
How do you know who is a bot? Are you even reeeeeeeeeeeeeeeeeeeeeeel ? Am I ? I my goshyshoy... Please select the bicycles in these picture for me.🚲🚲🐒🐘🐕🦺🍌🌶🍒🛴🚲🚔🛶🚡🛫🚲
But doesn't this prove exactly why basic income and good social security is a necessity for a developed economy?
Demand shortage is either because your product isn't needed or obsolete, or just bad, I guess.
OR.... The simplest answer why you have demand shortage...
People just don't have any money to spend.
How can you profit from sales if nobody comes to buy your stuff?
And in the case of cars, which, newly bought, cost over 1/5th of a very decent house...
Something like 35k euros/dollars, I don't know exact prices, but like who is gonna buy a new car at that price when we (normal folks) earn like 2100-2500 euro/dollar in first world countries?
When we gotta take care of kids, buy a house and actually, you know, live?
Idk bro I think this economist just proved why we need basic income with that explanation.
Smart Investing Made Simple: Bitcoin as a Key to Retirement Planning
Many new tra-ders face challenges without proper guidance. I found success by learning from James Clark's expertise.
@@WinniAltieriexactly that's why I always seek Mr J Clark's guidance in all I do 😊
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?
Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
Awful take, no mention of corporate greed and rising income inequality that’s the root cause of the high cost of living.
Wild how corporations just figured out how to be greedy after 2020 when 40% of the historical money supply got printed and rates went to rock bottom.
This supposed explanation doesnt make any sense... It ignores all the real causes, mainly speculation in the financial markets, and builds this imaginary story about pretend car makers... There are hundreds of real stories and actual data about the subprime mortgage crisis, yet he resorts to these false analogies and dumb metaphores.
The problem is a system that relies on the time cost of money exceeding actual growth
Fantastic breakdown of what led us here. Thanks Joey
Please do a video on what will happen when Trump dissolves the federal reserve.
Trump will not dissolve the Fed; who do you think bank rolled his campaign?
Lol thats not happening
*I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much money on stook market but now making around $18k to $21k every week trading different stocks and cryptos*
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
You are so correct! Save, invest and spend for necessities and a few small luxuries relatives to one's total assets ratio.
Waking up every 14th of each month to $21000 it’s a blessing to I and my family… Big gratitude to Josh Olfert🙌
Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦♀️of myself because of low finance but I still believe in God
Neoclassical models are for newbs. Wake me up when analysts/consultants discuss global derivative markets.
Where do you get that the FED works towards full employment as a goal?? Instead, the FED has raised interest rates to increase unemployment throughout history. Prior to very recent years,, its optimal unemployment rate was around 7%.
It's almost like they updated the metrics they use. How dare they try to do a better job! The audacity
It's called a Dual Mandate. European countries have three competing mandates. Do you understand what the word competing means? It means you can't do all of them at once.
This youngster is talking theory so you have to forgive his noble attempt at an explanation.
let me simplify and explain this in a few sentences. What he meant was when interest rates goes to 0% and you have money printing happening disguised by wired names (e.g. Tarp, Cares act, American rescue plan). Make sure you have a plan to dump your useless dollars to buy assets.
So if I understand this correctly, President Biden's fiscal policy did work. It just didn't have the time to stabilize after the initial disruption. Right?
Nothing Biden did worked. Unless creating rising homelessness is good in your eyes.
Cool, let me know when you graduate high school.
"Supply-shortage" does explain some of the daily goods going up but not all. Many corporations and industries, either because the goverment is supporting them or because that produc is now seen as an "asset", are just not selling or only selling at the absurd price THEY want. We see it most in the housing market where homes have become like "maket stock" so major relastate companies just hold on to it, even if it's a run down studio in the middle of a poor neighbourhood.
What about that the Fed is counterfeiting and the fact of Article I, Section 8, Item 6 of The Constitution of The United States?
The answer is to use anti-trust to break up as many large corps as possible and force them to compete for business. They will keep gouging us until competition returns to the market. Just look at electric cars, the big corps don't need to change anything because they can just pay off a senator to block imports.
it’s wild how no one talks about Magnetic Aura by Takeshi Mizuki even though it completely shifts how you see things, but I guess not everyone is ready
Bot comment with bot likes
Thanks 🎉
How has the shift a demand-driven economy to a supply-constrained economy after Covid-19 economic models and policy decisions?
Fiscal vs monetary.
Trump's proposed tariff plan has caused market volatility, leading to declines in tech and manufacturing stocks. With uncertainty ahead, I'm reallocating assets in my $400K portfolio, aiming to avoid losses while staying positioned for a potential market rebound.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advlsors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
That sounds incredible! Could you let me know how I can get in touch with your advisor? I’d love to see if they could help me achieve similar results.
Sure, *Victoria Louisa Saylor* is the licensed advisor I use. Just search the name. You’ll find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
It was just the straw that broke the back, the bad policy started in 08 crisis
Great content, as always! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
The Fed operates too much in the dark. It takes time and serious investment and redundancy in our systems to get the tech we need. The FED’s data has been massively constrained to macro effects for decades. And literally every single one of the hits to the economy has been micro economic. Like this September.
Spruce Pine NC is the sole location, the only source to mine, which supplies the entire world with chip processing equipment.
Oh ok you can get lower quality sourced from Russia and China. Which makes chip processing slower while causing issues that raise obsoletion and heighten demand. Meaning supply constrained. Lovely.
No biggie right?…. One of the two mines in Spruce Pine will take many months perhaps years to go back into operation after Hurricane Helene.
Ya know… cuz climate change is a made up thing supposedly. Meanwhile we’ve put those same deniers back in DC. Here we go again, flushing the economy.
Solutions: rank choice voting, otherwise they vote themselves in essentially via United citizens act which legalized the whole thing. Deliberative democracy now and ongoing which lets politicians know in detail what we expect from them. It takes a sample from every demographic and hashes out those details. Common Sense America is sort of an example using briefs and surveys. But we need lots more groups to include ways to discuss issues and hash out details between the demographics by limiting the amount of time per speaker and different grouping per session. It’s much simpler than it sounds. Look up deliberative democracy.
We are aware of it. Duh.
so you are saying hold off on buying a new car right now?
Was he born in 2004?
Yes. Why? 😶
Square cube law of economics lol
interesting
very "meh" explanation
Don’t blame Covid lmao
Read "The Creature from Jekyll Island" book and you will understand the whole picture of how this masterpiece of a system works. You will want to throw up at the end of almost every chapter.
And then you will also understand the true goals of the "Fed."
5:40 That check was the idea of democrats in the house. Not trump.
Jobs to everybody is solution
No 👎 job for you! 😡
Lots of free money. Shutdown the economy. Then surprise, the prices go up! Who would have guessed?
FACT: America is a death cult in a mild Depression now. 70% + of population cannot afford anything in society and now there is rampant loss of a roof over one’s head, no healthcare, struggling to find healthy food for low prices, no social life, hard to keep up with car repairs that are too expensive, no ability to travel, etc
!!I am at the beginning of my "investment journey", planning to put 185K into dividend stocks so that I will be making up to 30% per year in dividend returns. any good stock recommendation on great performing stocks or Crypto will be appreciated.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of
information can be a big hurdle. I've been
making more than $200k passively by just
investing through an advisor, and I don't have
to do much work.. Inflation or no inflation, my
finances remain secure. So I really don't blame
people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience..
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally.. What's your take on this approach? and How can i reach her, if you don't mind me asking?
So basically, we need a hard reset.
not saying this isn’t interesting, but books like Magnetic Aura by Takeshi Mizuki make this look like child’s play
Bitcoin is essential
imagine trusting this kind of content but never exploring books like Magnetic Aura by Takeshi Mizuki, no wonder people stay in the same cycles
most people stay stuck because they avoid books like Magnetic Aura by Takeshi Mizuki, which actually show you how to break through
crazy how much people rely on surface-level ideas when Magnetic Aura by Takeshi Mizuki exists, but I guess not everyone is ready for deeper truths
nerds
I'm retired at 38, went from Grass to Grace. This video here reminds me of my transformation from a nobody to good home, honest wife, $65k biweekly and a good daughter full of love🤍🤍
I'm highly inspired.
Please spill some sugar about the bi-weekly stuff you mentioned.
Big thanks to Mrs MILDRED EVELYN ROONEY
She's a licensed broker here in the states 🇺🇸 and finance advisor.
I raised 305k and Mildred Evelyn Rooney is to be thanked. I got my self my dream car a just last weekend, My journey with her started after my best friend came back from New York and saw me suffering in dept then told me about her and how to change my life through her. Mildred Evelyn Rooney is the kind of person one needs in his or her life! I got a home, a good wife, and a beautiful daughter. Note!: this is not a promotion but me trying to make a point that no matter what happens, always have faith and keep living!!
I've always wanted to be involved for a long time but the volatility in the price has been very confusing to me. Although I have watched a lot of RUclips videos about it but I still find it hard to understand
most people stay stuck because they avoid books like Magnetic Aura by Takeshi Mizuki, which actually show you how to break through
Oops, another account made the exact same comment! Your little spam show broke 🤭
most people stay stuck because they avoid books like Magnetic Aura by Takeshi Mizuki, which actually show you how to break through