The problem is who defines quantities like GDP and Inflation. The government is not always honest with these figures and could massage them to help their cause.
the government cannot pay the interest on treasury bonds owned by global investors without borrowing more money from the fed. the fed prints this money... and lends it to the government. buy gold. USA is screwed.
But low interest rates create a pro-business environment that allows people to get cheap debt and more businesses to make money. The Federal Reserve was correctly playing its role as an independent institution and that's that.
And the President should be powerful enough to replace the Federal reserve. This is a constitutional law issue. There is not a fourth branch of government.
Let private entity and banks print all the money on behalf of public. They can definitely do no harm. They will never save their own friends and definitely will not throw pubic under the bus
Ron Paul has been saying end the fed for decades now. It’s always been talked about!! It’s just that people didn’t listened to him or took him seriously.
THIS IS WHY WE NEED THE FED... Trump before the election : The Fed shouldn't have cut, it's political. Trump after the election : The Fed needs to bring the rate down to zero.
Are you aware of how many boom and busts they have created? Do you understand that they are the primary factor to the Great Depression, and the bubble of the roaring 20s right before? It’s not about putting the fed into the hands of government, it’s about getting rid of the powers over money all together. #EndTheFed is about completely abolishing them, and changing our banking system. There have been a lot of better systems proposed.
Are you aware of how many boom and busts they have created? Do you understand that they are the primary factor to the Great Depression, and the bubble of the roaring 20s right before? It’s not about putting the fed into the hands of government, it’s about getting rid of the powers over money all together. #EndTheFed is about completely abolishing them, and changing our banking system. There have been a lot of better systems proposed.
Are you aware of how many boom and busts they have created? Do you understand that they are the primary factor to the Great Depression, and the bubble of the roaring 20s right before? It’s not about putting the fed into the hands of government, it’s about getting rid of the powers over money all together. #EndTheFed is about completely abolishing them, and changing our banking system. There have been a lot of better systems proposed.
Are you aware of how many boom and busts they have created? Do you understand that they are the primary factor to the Great Depression, and the bubble of the roaring 20s right before? It’s not about putting the fed into the hands of government, it’s about getting rid of the powers over money all together. #EndTheFed is about completely abolishing them, and changing our banking system. There have been a lot of better systems proposed.
careful about opening pandora's box.. Because you might find out how indebt the FED is. and It might scare you. . Or you might find out how much money they have.. And It might appall you because then you will know where all the money is. Either way it is great for drama.
Why would you fire someone for supply chain issues? Accountability is important but firing people for things outside of their control doesn’t make good business. This isn’t reality TV #theapprentice
Andrew it would be multiple choices like how much should the Corporate Tax Rate be 5, 10, 15 20 25%, How much should the Military Budget be cut 5, 10, 15, 20, 25%, How much Foreign Aid should we give 5 mil 10 mil. How much Tariff should we place on X country
FOMC is “related” to the government via Congressional oversight. The problem is that over the last 4 years the Congress has been either weak or divided and provided no oversight. So, a group of highly educated experts at the FOMC showed up late to the party and then tightened too aggressively and then were late to leave … all without effective oversight. In lieu of that set of late and draconian measures, I wonder if the economy would have just self-corrected without all the theatrics and guessing?
The Constitution dictates that the power of the purse is under the control of the Legislative Branch. The Fed is an extension of that power. They addressed that in this segment.
Wrong. Powell has faced several Congress inquiries. Where the accused No Limit applied but sticking with the dual mandate? Did she encourage him to ignore it? Maybe the missing part was the pandemic emergency roadmap
All banks have invested in nvidia and handfull of stocks very heavily. What of those companies unable to perform or any outside companies manage to manufacture the same products in less price the end user will go to them not the banks recemondation. Interest rate shouldn't be down until those borrowers pay the full interest which they had benefit during zero interest. Tax payers must get their benefits
That's rich! Mike Lee, the senator who worked tirelessly behind the scenes to overturn a free and fair election is saying we now need to uphold the constitution? What about 4 years ago Mikey?
All institutions are necessary to uphold and strengthen in order to build!! What a fool’s errand! All institutions need to self correct or be corrected. Or deleted. Thats it thats all It will be done with or without your duly noted support or lack there of
I think we should return the Fed to single mandate (pre-1977) of price(s) stability. The Dual Mandates are at cross purposes. Full employment is inflationary. Low inflation requires some level of unemployment. One can have one but not both.
I agree fully. Either way though, we need independence. The idea of government / congress having a say on federal policy would be absolutely catastrophic in my opinion. Never mind leaving it to public opinion...
!!! From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family....
I Just withdrew my profits week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills...
Her name rings a bell; I've encountered it multiple times, usually associated with stories of her trading achievements. She deserves a lot of credit...
Essential to question the unaccountability model. The SF Fed Gov was directly responsible for the cascading failing of three banks due to her inability to supervise those entities. Yet she has never been held accountable. POTUS should have oversight in representation of the electorate.
instead of ending the Fed, perhaps we should constrain the Fed's ability to grow the money supply faster than GDP growth.
The problem is who defines quantities like GDP and Inflation. The government is not always honest with these figures and could massage them to help their cause.
@@stephenadams2397 thats true.
the government cannot pay the interest on treasury bonds owned by global investors without borrowing more money from the fed. the fed prints this money... and lends it to the government.
buy gold. USA is screwed.
But low interest rates create a pro-business environment that allows people to get cheap debt and more businesses to make money.
The Federal Reserve was correctly playing its role as an independent institution and that's that.
@@user-hf2dr7sh4y In a free market there is no role for a central bank and that's that.
A thorough audit of the Federal Reserve would be a good first step.
Once the fed went to a "dual mandate" and off the gold standard, that was the beginning of the end.
You need a powerful Fed. The Fed needs to be so independent that they can take the unpopular decision for the good of the country.
100% correct
What does the Fed do?
And the President should be powerful enough to replace the Federal reserve. This is a constitutional law issue. There is not a fourth branch of government.
Let private entity and banks print all the money on behalf of public. They can definitely do no harm. They will never save their own friends and definitely will not throw pubic under the bus
@@prodcdebeatz7205 STFU MAGAt go and read a middle school civics book.
Ron Paul has been saying end the fed for decades now. It’s always been talked about!! It’s just that people didn’t listened to him or took him seriously.
how about separate money from government?
"courage"....really...that word used to ean something
It does now more than ever if you voted for trump.
THIS IS WHY WE NEED THE FED...
Trump before the election : The Fed shouldn't have cut, it's political.
Trump after the election : The Fed needs to bring the rate down to zero.
Are you aware of how many boom and busts they have created? Do you understand that they are the primary factor to the Great Depression, and the bubble of the roaring 20s right before? It’s not about putting the fed into the hands of government, it’s about getting rid of the powers over money all together. #EndTheFed is about completely abolishing them, and changing our banking system. There have been a lot of better systems proposed.
Are you aware of how many boom and busts they have created? Do you understand that they are the primary factor to the Great Depression, and the bubble of the roaring 20s right before? It’s not about putting the fed into the hands of government, it’s about getting rid of the powers over money all together. #EndTheFed is about completely abolishing them, and changing our banking system. There have been a lot of better systems proposed.
Are you aware of how many boom and busts they have created? Do you understand that they are the primary factor to the Great Depression, and the bubble of the roaring 20s right before? It’s not about putting the fed into the hands of government, it’s about getting rid of the powers over money all together. #EndTheFed is about completely abolishing them, and changing our banking system. There have been a lot of better systems proposed.
Are you aware of how many boom and busts they have created? Do you understand that they are the primary factor to the Great Depression, and the bubble of the roaring 20s right before? It’s not about putting the fed into the hands of government, it’s about getting rid of the powers over money all together. #EndTheFed is about completely abolishing them, and changing our banking system. There have been a lot of better systems proposed.
The FED has a 2% inflation target. A gold/ silver standard has a 0% inflation target. No more hidden tax effecting the poorest the most. Eyes open.
careful about opening pandora's box.. Because you might find out how indebt the FED is. and It might scare you. . Or you might find out how much money they have.. And It might appall you because then you will know where all the money is. Either way it is great for drama.
"END THE FED" means no central bank, not under government control hahahaha
Nice to hear from our next Fed chair.
Why would you fire someone for supply chain issues? Accountability is important but firing people for things outside of their control doesn’t make good business. This isn’t reality TV #theapprentice
Do you want to charge negative interest rates on senior citizens trying to get by in the last chapter of their life
joe should get a new hair piece
Andrew it would be multiple choices like how much should the Corporate Tax Rate be 5, 10, 15 20 25%, How much should the Military Budget be cut 5, 10, 15, 20, 25%, How much Foreign Aid should we give 5 mil 10 mil. How much Tariff should we place on X country
It's time for a fundamental rethink of market structure.
I am still wondering how Andrew and Joe can still work together on this show? they obviously have very different opinions on so many issues.
FOMC is “related” to the government via Congressional oversight. The problem is that over the last 4 years the Congress has been either weak or divided and provided no oversight. So, a group of highly educated experts at the FOMC showed up late to the party and then tightened too aggressively and then were late to leave … all without effective oversight. In lieu of that set of late and draconian measures, I wonder if the economy would have just self-corrected without all the theatrics and guessing?
great discussion
Came to the comments to see the bootlickers complain about how they need to be under control and not free like our constitution dictates
The Constitution dictates that the power of the purse is under the control of the Legislative Branch. The Fed is an extension of that power. They addressed that in this segment.
Central banking is a critical pillar of communism and antithetical to everything America was founded upon.
@alphabrainwave The Fed is not an extension of the power of the purse really. Monetary is entirely distinct from fiscal.
@@alphabrainwave Appointed and private; not sure how that's party of the Legislative Branch.
Wrong. Powell has faced several Congress inquiries. Where the accused No Limit applied but sticking with the dual mandate? Did she encourage him to ignore it? Maybe the missing part was the pandemic emergency roadmap
Way to have her on then barely let her talk. legacy media total garbage.
All banks have invested in nvidia and handfull of stocks very heavily. What of those companies unable to perform or any outside companies manage to manufacture the same products in less price the end user will go to them not the banks recemondation. Interest rate shouldn't be down until those borrowers pay the full interest which they had benefit during zero interest. Tax payers must get their benefits
That's rich! Mike Lee, the senator who worked tirelessly behind the scenes to overturn a free and fair election is saying we now need to uphold the constitution? What about 4 years ago Mikey?
All institutions are necessary to uphold and strengthen in order to build!!
What a fool’s errand!
All institutions need to self correct or be corrected.
Or deleted.
Thats it thats all
It will be done with or without your duly noted support or lack there of
Have a discussion at least. Shelton would have been a good alternative to Jpow.
I think we should return the Fed to single mandate (pre-1977) of price(s) stability. The Dual Mandates are at cross purposes. Full employment is inflationary. Low inflation requires some level of unemployment. One can have one but not both.
I agree fully. Either way though, we need independence. The idea of government / congress having a say on federal policy would be absolutely catastrophic in my opinion. Never mind leaving it to public opinion...
Sorkin, they are already monetizing the fiscal profligacy driving the equity bubble that pays your salary to expel hot air
Why don’t you allow an intelligent person-Judy to speak more!
Get rid of Sorkin and Liesman.
"wrong choice" based on your opinion
!!! From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family....
How please?
Heather Watson..
Yes!!! That's exactly her name ( Heather Watson): so many people have recommended highly about her and am just starting with her from Canada🇨🇦..
I Just withdrew my profits week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills...
Her name rings a bell; I've encountered it multiple times, usually associated with stories of her trading achievements. She deserves a lot of credit...
Has Elon purchased CNBC yet?
congress cannot establish a new branch of government.
Sorkin sucks. Decades long of crap questions.
Haha, so I guess we're headed for the next great financial crisis. How will people justify removing all the guardrails, can't wait 🍿🍿
You're 50 years too late.
Essential to question the unaccountability model. The SF Fed Gov was directly responsible for the cascading failing of three banks due to her inability to supervise those entities.
Yet she has never been held accountable. POTUS should have oversight in representation of the electorate.
judy shelton is a rock star! how can you argue or disagree with what she said?
i do not like judy shelton
Jajaja paving the way to hiperinflation