Reagan wasn't president until 1981 after an economic downturn that started in the early 70's. Reagan's "voodoo" economic policies did do a lot to enshrine the wage stagnation that started in the 1970's for the long term.
The biggest problem with the stock market is it encourages businesses to prioritize short term profits over everything else, and punishes companies for being "stagnant", as if making the same amount of profit from one year to the next is a bad thing. It's not sustainable to constantly be making more profit, but the stock market demands that from all companies. That just encourages enshittification.
Great video! It's a sad thing that in an era with so much information at our fingertips we have a huge portion of the population that are uninterested in facts.
@@MisteRRYouTuby Yes, the creators mentioned it, and you can hear it in some of the bits where the tone doesn't flow, almost like it's separate recordings
The RUclips channel Gary’s economics keeps explaining all this. It’s a good source I just let some playlist of it rock on while I did housework. It let me hear his ideas once or twice from different aspects that it began to sink in
The tricky thing is the times the economy and the stock market intersect. I'm squarely middle-class but my retirement accounts are invested in stocks/ETFs. So I simultaneously feel the effects of the real economy in my everyday life but also feel the effects of the stock market.
The stock market is kinda like collectable cards. None of it matters to most people because we dont have and cant afford the cards with real value. Short of a few cards that alway hold value the popularity, therefore price, comes and goes. Baseball, MtG, Pokémon cards dont affect the economy and jobs though but otherwise very similar.
We need to organize around social health, not individual wealth. The stock market serms to measure the wealth of the plutocracy, much like the GDP, not the health of the people.
Maybe it's a bit too complicated for this format. At least, I don't know how to explain it both quickly and simply. But maybe it would be a good idea to have a video on why services like Robinhood are about leading sheep to the slaughter house rather than about empowering small investors.
The stock market has been so distorted over the last 59 years that it barely resembles the thing it was intended to be. Today it is Nothing more than a casino !
While I understand the "savings" of using AI, it'd be far better and more trustworthy if a real human just read the script. Otherwise a fantastic summary of the Stonks
That's not why they do it. Impartial Points is part of the network of new channels project from the team of Bell from Beau of the Fifth Collumn. They use AI voice on some projects as an argument in of itself. "This info stands on its own merit" is probably the point here. Its not like the scripts are AI. Edit: if im wrong about the ties to BotFC, my bad. Edit 2: If the link exists, it's more recent. My apologies.
Glad the info is getting out there, but it's hard to describe the cognitive dissonance cause when you realize the voice is AI generated. I don't have any actual issue with it but it caused a weird reaction in me, almost like when you realize you've been tricked.
@@impartialpoints Makes sense, seemed a bit more on point and heterodoxical than you typically get with LLM generated text. Would love to hear you guys talk about what model you use at some point, because it's surprisingly good and wasn't obvious at first
![I.N "HALLUCINATION" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/n5B5q1Hwt_U/mqdefault.jpg)
5:40 Wages have stagnated since the 70s, or longer than I've been alive. Thanks, Reagan.
Reagan wasn't president until 1981 after an economic downturn that started in the early 70's. Reagan's "voodoo" economic policies did do a lot to enshrine the wage stagnation that started in the 1970's for the long term.
The biggest problem with the stock market is it encourages businesses to prioritize short term profits over everything else, and punishes companies for being "stagnant", as if making the same amount of profit from one year to the next is a bad thing. It's not sustainable to constantly be making more profit, but the stock market demands that from all companies. That just encourages enshittification.
Great video! It's a sad thing that in an era with so much information at our fingertips we have a huge portion of the population that are uninterested in facts.
Maybe report factually😮
Another great picture-book presentation on understanding the stock market & the economy. Very helpful !
More Americans need to be educated on this basic knowledge. Thank you
Finally dispelling the illusion that the Stock Market is “The end all be all” Of economic progress.
I am not an economist or a businessperson, but I figured this out during a recession in the 80s
@@acarter4865 Then you learned it far sooner than I and most of us did. We're catching up.
Thanks for this explainer. Easy to share.
Glad it was helpful!
Easy digestible content…great breakdown that every American should hear.
Thank you.
Concise and accurate. A rare and much appreciated combination.
When an AI voice is smarter than the average conservative.
Is she an A.I. voice?
@@MisteRRYouTuby Yes, the creators mentioned it, and you can hear it in some of the bits where the tone doesn't flow, almost like it's separate recordings
Excellent, keep up the good work!
Thank you for the clarity and clarification !!!
This was very informative! Thank you!
I call the stock market 'rich person gambling', most of us don't have extra money to throw at that crap...
Excellent info!!
In other words, buy stonks?
Also excellent explanation and video. Thumbs up!
The RUclips channel Gary’s economics keeps explaining all this. It’s a good source
I just let some playlist of it rock on while I did housework. It let me hear his ideas once or twice from different aspects that it began to sink in
RUclips garyseconomics
economy partially based on how much we spend on healthcare seems awful
I always feel more comfortable when the market is ho-hum trudging along.
Belle of the ranch, Expanding Horizons!!!
Love it!
The tricky thing is the times the economy and the stock market intersect. I'm squarely middle-class but my retirement accounts are invested in stocks/ETFs. So I simultaneously feel the effects of the real economy in my everyday life but also feel the effects of the stock market.
The stock market is kinda like collectable cards. None of it matters to most people because we dont have and cant afford the cards with real value. Short of a few cards that alway hold value the popularity, therefore price, comes and goes. Baseball, MtG, Pokémon cards dont affect the economy and jobs though but otherwise very similar.
Thanks!
We need to organize around social health, not individual wealth. The stock market serms to measure the wealth of the plutocracy, much like the GDP, not the health of the people.
I like to imagine a world where the average American understood these very basic concepts. Here's hoping more see this!
Maybe it's a bit too complicated for this format. At least, I don't know how to explain it both quickly and simply.
But maybe it would be a good idea to have a video on why services like Robinhood are about leading sheep to the slaughter house rather than about empowering small investors.
The stock market has been so distorted over the last 59 years that it barely resembles the thing it was intended to be.
Today it is Nothing more than a casino !
This is great. Don’t like the ai though
This was the impetus of the employees to embrace 401k’s instead of Pensions. If the Company does well, you do too. Right?
While I understand the "savings" of using AI, it'd be far better and more trustworthy if a real human just read the script. Otherwise a fantastic summary of the Stonks
That's not why they do it.
Impartial Points is part of the network of new channels project from the team of Bell from Beau of the Fifth Collumn.
They use AI voice on some projects as an argument in of itself. "This info stands on its own merit" is probably the point here.
Its not like the scripts are AI.
Edit: if im wrong about the ties to BotFC, my bad.
Edit 2: If the link exists, it's more recent. My apologies.
So everyone needs to invest in an S&P 500 Index ETF, now. When the economy crashes, we'll all become wealthy!
iuyoo Roses are red. Violets are blue.
Corporations don't really care about you.
So what if the stock market is hitting record lows. Is this good? Just saying.
Record anything is bad. 😆
@impartialpoints Hasn't the stock market been hitting record highs in the last couple years? Or is that just MSM lying to everyone?
trump thinks the market is all.
Glad the info is getting out there, but it's hard to describe the cognitive dissonance cause when you realize the voice is AI generated. I don't have any actual issue with it but it caused a weird reaction in me, almost like when you realize you've been tricked.
If it makes you feel better, it's just advanced text to speech, not a totally automated AI process.
@@impartialpoints Makes sense, seemed a bit more on point and heterodoxical than you typically get with LLM generated text. Would love to hear you guys talk about what model you use at some point, because it's surprisingly good and wasn't obvious at first