This is 💯. And in all seriousness, Trump could potentially rally the support unlike others have done to actually not just expose the hypocrisy of this system but tie it to real world "now" issues everyday Americans are facing so they can truly see the manipulation of this private, unregulated cult that has been a poison to this country since it's inception.
@@FunStuff-zc3ps some will refuse to realize it even after it happens. Reduced federal budget? "Oh no !! We're all gonna die!". Corrupt politicians and Bureaucrats brought to Court? "Oh no!! Lawfare, We're all gonna die !". Big pharma being held accountable? " Oh no!! Fascist in the White House, We're all gonna die!"
You don’t understand how the economy works. You can’t just say poof and lower interest rates. Jerome has been doing this for a long time and while slow to initially act on inflation this time around, is trying to make sure cutting too much too early doesn’t have adverse effects (because it can). Inflation can be sticky, and consumers are spending at records amounts still. This is the opposite of what needs to happen. Interests rates need to come down slower than what Trump is pushing or in 4 years once he’s out of office the next person is going to get blamed for financial instabilities he created even though it would only have shown face at the beginning of their next term.
@syntaxs. "Consumers are spending at record amounts" I've often heard that as an excuse for not lowering rates. But I've never seen the statistics that account for the fact that if inflation has created a 15% increase of all goods, then the spending 15% should be adjusted by at least 15% lower. It's not like we're buying more stuff, it's just that the stuff is more expensive. Why aren't purchases adjusted for inflation when making these decisions or reporting in the economy? The Fed could print and extra $10 for every one in existence and inflation would skyrocket. To counter that, the Fed raises interest rates. They use stats to report record spending to justify increasing rates. Politicians use the numbers to pretend the economy is doing better. "Look, Ford made record sales this year. What a great job I did!" Well, if they charged 15% more per vehicle but sold 30% fewer cars, did they really do better? What was their margin? What was the cost of goods per vehicle? The only way to stop inflation is to stop printing money. That's it. Interest rates have only a secondary or tertiary effect. It's a cheesy way to have big commercial investor companies and other nations buy our money to prop up our debt. Just stop going into debt and you'll fix the problem at its root.
Stupidity of the American people is truly amazing. The working class expects billionairs to help them get a better life? What do they know about working? You know how much a billion is? Lets say someone works 45 years And they work 60 hours a week during 48 weeks per year. Thats about 130.000 hours of work. That means they should make at least 7.500 Dollars per hour to get a Billion. And these Billionairs are there for the working class? Sure....
Stupidity of the American people is truly amazing. The working class expects billionairs to help them get a better life? What do they know about working? You know how much a billion is? Lets say someone works 45 years And they work 60 hours a week during 48 weeks per year. Thats about 130.000 hours of work. That means they should make at least 7.500 Dollars per hour to get a Billion. And these Billionairs are there for the working class? Sure....
Do you honestly believe that just reelecting President Trump is going to fix everything? Until we get him enough real conservatives in Congress that will fully support him, all we're going to have is another deal like we had I'm 2020, when all Biden had to do is sign executive orders that repealed everything President Trump did via executive order because worms like McConnell, Graham, Collins, Murkowski, Cornyn, Ryan, Boehner, Romney, and many more RINO"s helped block almost every Trump agenda item.
We shouldn’t get lower rates. We should also not be paying $100k for a normal suv. Lower rates means people borrow more. Higher rates they can’t borrow so the houses, entertainment, etc will have to lower the prices. Why in the 80s you could have one income a house and be fine as a family… now you have two and can’t afford anything without debt….
@@DavidRoos-h5o you're not wrong. People just want the value of their assets to go up. It's greed. What happened in the 80s was the result of deflation, The FED actually doing its job with Volcker at the helm and crushing inflation.
@@DavidRoos-h5oI’m 37 left home (poverty raised) with nothing not even clothes or an education, my point is I’ve had I dunno around 30 vehicles and have never had a loan to get one never! I currently drive a Chrysler 300 I also have a Chevy 2500hd extended cab with a contractor cap for my painting business and my has a bmw and a Toyota Camry! You only need debt if you’re not content with a brand new car
Credit card interest rates must be regulated. They charge merchants percentages and buyers interest if they don't pay the balance. It is a double hit that only one side sees. Why can they charge more than what is applied to our deposits? It should be the same, at least. Or take it out and bring cash again or just money wallets.
I'm 3 time trump voter and 2bh this is my main policy disagreement. The fed finally hikes 10 years too late and he's calling to pressure him. The whole point of making the fed immune to political pressure is so they can make the right decision even if it's politically unpopular. Sucks that it's happening under trumps term but it is a necessity that's been neglected for too long. He won on inflation, let the fed fight it for once
It doesn't work like that. I mean it probably will, but I don't know if you remember 2008 and how many people died bc of this Crysis? Best estimates talking around 500k upwards worldwide. Bc this will happen again if the biggest economy in the world tumbles into a recession, which will come if you really want to bring down inflation and stay with those rates. He should probably try the growth part he talks about, but therefore you need accessible credit for smaller companies, bc the big ones get cheap credit regardless of the Fed funds rate.
@@hatecrew23so what happens then? they just never raise rates? never let the prices fall? because if the fed cuts rates to try to stay out of a crisis, even if it works, it will just make everything more expensive until it eventually does crash even worse
Wrong. No body should be independent. Their autonomy is to the detriment of their country. Has to be checks and balances. They need a complete restructuring or they need to be dissolved. Return to the gold standard...
@@DavidE-dm5un first of all it’s not the soldiers it’s the billions and billions we spend on tanks, ammo, jets, etc and make an excuse when we have enough to give it to a country that we end up fighting in ten years
Hey Pat, what are you talking about? The government’s job is not to meddle in monetary policy but to control the fiscal policy. That’s a basic economics principle. The Federal Reserve has the full right to dictate the interest rates autonomously in order to create a sustainable economic growth and make a soft landing. I have never seen anyone close to Powell besides “Alan Greenspan” who achieved this feat of controlling the inflation without overheating or causing a recession in the US economy. You’re talking a lot of rubbish these days.
Well complaining is what separates the wealthy from the poor. Maybe try reading and learning from the wealthy to get your foot in the door. I sure did when I heard trump say on the debate stage in 2016 "I'm smart for not paying taxes". To date I'm 63 books in. It's definitely paid off once you learn the difference between assets and liabilities.
@@nopers369Trump was the only President in History WHO dont Visit Germany, because He knew that Merkel didnt gave a Shit about what the Clown wanted or Said. He IS so afraid of strong personalitys.
6% interest doesn't sound bad, if it was one time on the total amount but it's not, it's calculated every month, for every 100 you borrow you're going to pay $280, think about that, that 250,000 house you're going to pay $750,000, the truth they hide
Great analysis, thank you! I have a quick question: 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 should I go about transferring them to Binance?
We should be raising interest rates, not lowering them. We should be saving money not borrowing it. Low interest rates is the reason our money is in the state that is atm. Why is everyone so illiterate when it comes to economics.
I voted for Trump, and I’m thrilled that he is our next president. I’m also very pleased with the people he’s hiring to get the job done. However, I understand how lowering rates can affect our economy. Before he puts pressure on the Fed, he needs to review the overall condition of the economy. Only then should he suggest what actions should be taken. Otherwise, we might face more inflation, and all the progress made so far could be in vain.
Tell me you don't understand monetary policies without telling me ... Interest rates are kept at a level for a reason, not because the ignorant president wants them to be high or low...
Disagree. I think Trump & Elon understand interest rates better than that. Yes, a high IR is bad for debt, but IRs are basically a measure of the value of time. Higher IRs are not necessarily a bad thing. In fact, our IRs have been far too low for too long, and that's why we're so overleveraged. I think he will do the smart thing and keep them low enough to stave off disaster, but NOT so low they encourage excessive borrowing.
In the next podcast Why you guys don’t invite Jeff Snider from Eurodollar University (you tube channel) & George Gammon form Rebel Capitals (you tube channel) and they will really explain how the all system work
The fed wants lower rates cause it allows for fast cash into thw stsyem when lets say i buy a house on credit well sure im in debt but that money has to be to be created so the banks will print it while you have to pay it off so interest rates that are high enough to correspond with this horrible economy will pressure everyone from everywhere to borrow and create cash into the now
This is not how how the economy works. You can’t just say poof and lower interest rates. Jerome has been doing this for a long time and while slow to initially act on inflation this time around, is trying to make sure cutting too much too early doesn’t have adverse effects (because it can). Inflation can be sticky, and consumers are spending at records amounts still. This is the opposite of what needs to happen. Interests rates need to come down slower than what Trump is pushing or in 4 years once he’s out of office the next person is going to get blamed for financial instabilities he created even though it would have started at the beginning of their next term. Elon has 0 incentive to have interests rates low except that people will buy more of his junk cars and he can pay less for it. Just because a billionaire says it doesn’t make it true for you. Please stop the backwards narrative.
Do you have any of your own opinions. You really hang in every word from President Trump. Maybe go back to being a somewhat normal show. Like before you were on the payroll. Or I give you too much credit and you really don’t understand how they set the interest rates
When I first read The Secret Doctrine of Wealth, I realized how stuck I was in the system. It’s crazy how much it changed my perspective.
Credit card interest rates are ridiculous
should be capped at 10% for ever.
❤
Ridiculously criminal rates
Thank nancy pelosie for them!!
Only if you run a balance
Abolish the FED go back to gold standard
It's been done.
@@RoseMarieComtois no. No it hasn't.
A basket of goods for the new standard, to include gold, silver, top American made crypto, energy, etc
This is 💯. And in all seriousness, Trump could potentially rally the support unlike others have done to actually not just expose the hypocrisy of this system but tie it to real world "now" issues everyday Americans are facing so they can truly see the manipulation of this private, unregulated cult that has been a poison to this country since it's inception.
We should be ending the federal reserve they have failed at all of their mandates.
It's American..stand up.
The AVENGERS 🔥
🦅 Brooklyn NY
Protect that man/protect Trump with everything we have.
The pressure needs to be on cutting government spending and regulation . Interest rates were kept artificiality low for too long.
Good!
Trump's reelection will benefit all Americans. Some just don't realize it yet. 🇺🇲
Correction: Some don't WANT to realize it yet.
@@FunStuff-zc3ps some will refuse to realize it even after it happens. Reduced federal budget? "Oh no !! We're all gonna die!". Corrupt politicians and Bureaucrats brought to Court? "Oh no!! Lawfare, We're all gonna die !". Big pharma being held accountable? " Oh no!! Fascist in the White House, We're all gonna die!"
You don’t understand how the economy works. You can’t just say poof and lower interest rates. Jerome has been doing this for a long time and while slow to initially act on inflation this time around, is trying to make sure cutting too much too early doesn’t have adverse effects (because it can). Inflation can be sticky, and consumers are spending at records amounts still. This is the opposite of what needs to happen. Interests rates need to come down slower than what Trump is pushing or in 4 years once he’s out of office the next person is going to get blamed for financial instabilities he created even though it would only have shown face at the beginning of their next term.
@syntaxs. "Consumers are spending at record amounts" I've often heard that as an excuse for not lowering rates. But I've never seen the statistics that account for the fact that if inflation has created a 15% increase of all goods, then the spending 15% should be adjusted by at least 15% lower. It's not like we're buying more stuff, it's just that the stuff is more expensive. Why aren't purchases adjusted for inflation when making these decisions or reporting in the economy? The Fed could print and extra $10 for every one in existence and inflation would skyrocket. To counter that, the Fed raises interest rates. They use stats to report record spending to justify increasing rates. Politicians use the numbers to pretend the economy is doing better. "Look, Ford made record sales this year. What a great job I did!" Well, if they charged 15% more per vehicle but sold 30% fewer cars, did they really do better? What was their margin? What was the cost of goods per vehicle? The only way to stop inflation is to stop printing money. That's it. Interest rates have only a secondary or tertiary effect. It's a cheesy way to have big commercial investor companies and other nations buy our money to prop up our debt. Just stop going into debt and you'll fix the problem at its root.
Stupidity of the American people is truly amazing.
The working class expects billionairs to help them get a better life?
What do they know about working?
You know how much a billion is?
Lets say someone works 45 years
And they work 60 hours a week during 48 weeks per year. Thats about 130.000 hours of work.
That means they should make at least 7.500 Dollars per hour to get a Billion.
And these Billionairs are there for the working class?
Sure....
I'm so glad.......
The problem isn't interestrates.
IT'S TIME......
EVERYTHING THAT HAS A BEGINNING
HAS AN END
change is a must and the excess rules and over taxation is done. People have spoken and we need to continue to be heard.
Stupidity of the American people is truly amazing.
The working class expects billionairs to help them get a better life?
What do they know about working?
You know how much a billion is?
Lets say someone works 45 years
And they work 60 hours a week during 48 weeks per year. Thats about 130.000 hours of work.
That means they should make at least 7.500 Dollars per hour to get a Billion.
And these Billionairs are there for the working class?
Sure....
Do you honestly believe that just reelecting President Trump is going to fix everything?
Until we get him enough real conservatives in Congress that will fully support him, all we're going to have is another deal like we had I'm 2020, when all Biden had to do is sign executive orders that repealed everything President Trump did via executive order because worms like McConnell, Graham, Collins, Murkowski, Cornyn, Ryan, Boehner, Romney, and many more RINO"s helped block almost every Trump agenda item.
We need this for Auto Loans as well!
We shouldn’t get lower rates. We should also not be paying $100k for a normal suv. Lower rates means people borrow more. Higher rates they can’t borrow so the houses, entertainment, etc will have to lower the prices. Why in the 80s you could have one income a house and be fine as a family… now you have two and can’t afford anything without debt….
😂😂😂
@@jcl644 how am I wrong?? The average person does not buy a car based on the value… they buy it based on if they are approved and the monthly payments
This goes for houses and everything else also
@@DavidRoos-h5o you're not wrong. People just want the value of their assets to go up. It's greed. What happened in the 80s was the result of deflation, The FED actually doing its job with Volcker at the helm and crushing inflation.
@@DavidRoos-h5oI’m 37 left home (poverty raised) with nothing not even clothes or an education, my point is I’ve had I dunno around 30 vehicles and have never had a loan to get one never! I currently drive a Chrysler 300 I also have a Chevy 2500hd extended cab with a contractor cap for my painting business and my has a bmw and a Toyota Camry! You only need debt if you’re not content with a brand new car
I'm here for it😮
Can’t wait!
for?
@ haha😜
Lowering interest rates causes inflation look it up.
@ There are a million things that cause inflation. You can’t just pick one out of the sky.
Credit card interest rates must be regulated. They charge merchants percentages and buyers interest if they don't pay the balance. It is a double hit that only one side sees. Why can they charge more than what is applied to our deposits? It should be the same, at least. Or take it out and bring cash again or just money wallets.
Don’t use credit cards
Powell is a bum
how
Powell is an impressive man
I believe that is very accurate...
I'm 3 time trump voter and 2bh this is my main policy disagreement. The fed finally hikes 10 years too late and he's calling to pressure him. The whole point of making the fed immune to political pressure is so they can make the right decision even if it's politically unpopular. Sucks that it's happening under trumps term but it is a necessity that's been neglected for too long. He won on inflation, let the fed fight it for once
It doesn't work like that. I mean it probably will, but I don't know if you remember 2008 and how many people died bc of this Crysis? Best estimates talking around 500k upwards worldwide. Bc this will happen again if the biggest economy in the world tumbles into a recession, which will come if you really want to bring down inflation and stay with those rates. He should probably try the growth part he talks about, but therefore you need accessible credit for smaller companies, bc the big ones get cheap credit regardless of the Fed funds rate.
😂😂 dont be naive thinking fed is independent. On paper only my fren
THE FED IS GONE...FINISHED.
THE FED NEVER EXISTED FOR WE THE PEOPLE.
ALL TRUTH WILL BE DIVULGED SHORTLY.
@@hatecrew23so what happens then? they just never raise rates? never let the prices fall?
because if the fed cuts rates to try to stay out of a crisis, even if it works, it will just make everything more expensive until it eventually does crash even worse
Wrong. No body should be independent. Their autonomy is to the detriment of their country. Has to be checks and balances. They need a complete restructuring or they need to be dissolved. Return to the gold standard...
Cut the Military and CIA budgets!!!!
Exactly military spend money on over priced item because companies are greed it’s hurting America
Why military
@@DavidE-dm5un If the USA didn't cause wars all over the world they could happily survive with a much smaller military.
@@DavidE-dm5un first of all it’s not the soldiers it’s the billions and billions we spend on tanks, ammo, jets, etc and make an excuse when we have enough to give it to a country that we end up fighting in ten years
@ so you want to under equip our troops?
I cannot wait until 1/20/2025, MAGA!
Hey Pat, what are you talking about? The government’s job is not to meddle in monetary policy but to control the fiscal policy. That’s a basic economics principle. The Federal Reserve has the full right to dictate the interest rates autonomously in order to create a sustainable economic growth and make a soft landing. I have never seen anyone close to Powell besides “Alan Greenspan” who achieved this feat of controlling the inflation without overheating or causing a recession in the US economy. You’re talking a lot of rubbish these days.
Lowwr rates alone are not good. It just increases the prices and fuels even more inflation. The FED, love em or hate em, is doing the right thing.
0 interest rates is a tax on the poor because rich people use cheap money to buy everything.
This leads to inflation due to prices doubling, tripling
Exactly. And prob also make inflation higher and prices go up. Not good for the economy in the long run for anyone.
You forgot to say that business will flourish? And then inflation will go down.
@@cezargarcia6651exactly, just like in his 1st term
Well complaining is what separates the wealthy from the poor. Maybe try reading and learning from the wealthy to get your foot in the door. I sure did when I heard trump say on the debate stage in 2016 "I'm smart for not paying taxes". To date I'm 63 books in. It's definitely paid off once you learn the difference between assets and liabilities.
@@raymondkassay3610You're so full of shit that I can't stand it. You sound like Trump .
Drop the interest rates, and impose a bunch of tariffs on foreign imports, let’s see what happens to inflation lol
Get it done or get gone.
I still remember him holding the money printer like a mini gun, with the machine gun face
Our President and his team, will change for the Best of USA and the World. Protect Our President and his Brilliant Team. At all cost. 👍👍👍
The best for the world ???????? Surely a joke.
@@treefrog1956only joke here is you buddy 🤡
If you dont like it… you’re welcome to leave our country and move to Iran or China ✌️✌️
@@treefrog1956 No actually. There's a reason Trump has more awards from other countries than any other president.
@@nopers369 Countries try to flatter him but he's a bully and he'll crap on the rest of the world.
@@nopers369Trump was the only President in History WHO dont Visit Germany, because He knew that Merkel didnt gave a Shit about what the Clown wanted or Said. He IS so afraid of strong personalitys.
We can all hope…
He was.so smug!! Jeromes days are numbered
6% interest doesn't sound bad, if it was one time on the total amount but it's not, it's calculated every month, for every 100 you borrow you're going to pay $280, think about that, that 250,000 house you're going to pay $750,000, the truth they hide
Powell is only in our way
how??
What year will the National Debt blow beyond control ???....🤔🤔🤔
I hope that never happens 😕 it's sad 😔
Great analysis, thank you! I have a quick question: 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 should I go about transferring them to Binance?
Jerome needs to go
Lmao this is like predicting the sun will rise tomorrow. We are already in a down rate cycle and cuts will certainly come.
They need to go after Czech Fiala ,save a Europ
Why Q2 PBD?
Can’t wait
Interesting. Look forward to Q2 2025.
We should be raising interest rates, not lowering them. We should be saving money not borrowing it. Low interest rates is the reason our money is in the state that is atm. Why is everyone so illiterate when it comes to economics.
Rates are coming down because spending is going up...
Rates down send house prices up plain and simple nobody wins until all can at least afford a roof over their heads
How the S&P would look like, 60+ or -?
Give him the pressure now, it's been destroying the country
Maybe try taking macro 101
I voted for Trump, and I’m thrilled that he is our next president. I’m also very pleased with the people he’s hiring to get the job done. However, I understand how lowering rates can affect our economy. Before he puts pressure on the Fed, he needs to review the overall condition of the economy. Only then should he suggest what actions should be taken. Otherwise, we might face more inflation, and all the progress made so far could be in vain.
Finally…..
Return the power over money to the treasury!
Jerome Powell doesn't know as much about finance and interest rates than my 8-year-old daughter
I sure hope Canada follows suit with interest rates, and we get rid of JT who is the same to Canada as Biden was to USA.
Powell needs to go like last year
Powell's another been though tons as well as his family 😊
?
#AcknowledgeTheFraud
❤athlete
Close the fed
But he’s already lowering rates?
He Also predicted Jake Paul will be president 😂!
So, all the dirtbags are going to pile on.
Tell me you don't understand monetary policies without telling me ...
Interest rates are kept at a level for a reason, not because the ignorant president wants them to be high or low...
He should fire powel he has the right to do so
he does not
What kind of kickbacks is Jerome Powell getting? Don't the banks have enough money?
Imagine OUR TAX DOLLARS Working for US! MAGAAAABABY
Trudeau better step down!
They will not lower interest rates.
Disagree. I think Trump & Elon understand interest rates better than that. Yes, a high IR is bad for debt, but IRs are basically a measure of the value of time. Higher IRs are not necessarily a bad thing. In fact, our IRs have been far too low for too long, and that's why we're so overleveraged. I think he will do the smart thing and keep them low enough to stave off disaster, but NOT so low they encourage excessive borrowing.
The scarface music is ominous.
What ever the country's problems are Trump is not the answer.
In the next podcast
Why you guys don’t invite Jeff Snider from Eurodollar University (you tube channel) & George Gammon form Rebel Capitals (you tube channel) and they will really explain how the all system work
NCSWIC ✊️
Forgot about tulsi
Careful... You keep those interest rates too low and inflation will come and bite you in the A**...
💯
Start printing our money per constitution period no interest when the goverment needs to operate
Nobody cares about us, don't fool yourself.
WTF is that music or chanting in the background.
Powell's moves are more or less fine. His speeches though, tank the markets EVERY FRIGGIN TIME. the guy is a damn clown.
How can a POTUS put pressure on the Fed? I thought the Fed was pretty much independent
It is, this guy doesn’t know what he’s talking about.
Fools...
The destruction of empire without firing a single shot.
The fed wants lower rates cause it allows for fast cash into thw stsyem when lets say i buy a house on credit well sure im in debt but that money has to be to be created so the banks will print it while you have to pay it off so interest rates that are high enough to correspond with this horrible economy will pressure everyone from everywhere to borrow and create cash into the now
Hopefully your right but doubt it. Empty promises as usual.
Why did folk like biden?just askin
🤞
Powell is going to be gone soon 🤣🤣🤣
he’s staying to 2026
This is not how how the economy works. You can’t just say poof and lower interest rates. Jerome has been doing this for a long time and while slow to initially act on inflation this time around, is trying to make sure cutting too much too early doesn’t have adverse effects (because it can).
Inflation can be sticky, and consumers are spending at records amounts still. This is the opposite of what needs to happen. Interests rates need to come down slower than what Trump is pushing or in 4 years once he’s out of office the next person is going to get blamed for financial instabilities he created even though it would have started at the beginning of their next term.
Elon has 0 incentive to have interests rates low except that people will buy more of his junk cars and he can pay less for it. Just because a billionaire says it doesn’t make it true for you. Please stop the backwards narrative.
Mafia style
Do you have any of your own opinions. You really hang in every word from President Trump. Maybe go back to being a somewhat normal show. Like before you were on the payroll. Or I give you too much credit and you really don’t understand how they set the interest rates
And I hope Jerome tells Trump to take a hike. Let the fed do it's job
Mark this one down. No way in a billion years this will happen.
Trump has the White House, the Senate, the house, the Supreme Court, and the popular vote. Mark this down Democratic sore losing troll. 😂😂😂
This will age like milk…. “Mark this one down” 😂😂😂
JP won't give 2 smoking sh*ts about public "pressure"
It's a private company, Trump has no say, congress has no say. C'mon man
Trump put pressure on Powell before. He can do it again.
Watch and learn...
That's the problem!!
@@HH-le1viyou ppl run on hopes and dreams
@@angryapricot4601 no that's what happened. Reality is not your opinion
president musk will make many changes
Nice try. Divide and rule. Democrat strategy
Just because Obama was actually the President instead of Joey, doesn't mean Musk will be Prez instead of Trump. Trump is Alpha Male No. One... Cope 😅❤
@@sheilaseeber2007wow!! that koolaide must be pretty dam sweet😂😂😂😂
Powells needs to go move his job to the worst place in the country
Pat you are full bootlicker of trump