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Federal Reserve’s New Plan to Fix Inflation Examined: It Makes No Sense 

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13 июн 2024

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Комментарии : 1,6 тыс.   
@loum5143
@loum5143 6 дней назад
To me this whole thing is a scam. You can't tell me these people are that clueless. They are causing pain on purpose.
@tawella-bs7hn
@tawella-bs7hn 6 дней назад
Say it again 💯
@widehotep9257
@widehotep9257 6 дней назад
Fed is powerless. They control only one rate (fed funds rate). The fed funds rate has been stable for most of the year. Meanwhile, 30 yr fixed rate mortgage rates have surged and bounced all over.
@melissagualco2132
@melissagualco2132 6 дней назад
Because our higher everything is paying for these wars
@DanMaul-ip1is
@DanMaul-ip1is 6 дней назад
They are playing chicken with the country’s money. They are just playing with the economy for the elections. They are controlled by the DNC
@gb8641
@gb8641 6 дней назад
The scam part is that they can cook the books however they want to say inflation is doing whatever. They have zero credibility.
@brzzesasuke
@brzzesasuke 6 дней назад
I make 87k a year and it feels like I make 35k back in 2017. This economy is fkd. Thanks Powell
@itshadouken
@itshadouken 6 дней назад
You can thank Trump for giving rich tax cuts that is costing the rest of us billions
@widehotep9257
@widehotep9257 6 дней назад
I need to remind myself all the time that prices have tripled on most things since the late 90's. Houses, gasoline, home insurance, etc.
@gpnulife
@gpnulife 6 дней назад
I make more than that and feel the sting!
@QuanHoang2x01
@QuanHoang2x01 6 дней назад
Nah it’s Bidenomics
@oshitomaha
@oshitomaha 6 дней назад
Where do you live? Perhaps you need to check your budget buddy.
@2318lewis
@2318lewis 6 дней назад
Home prices doubled, interest rates doubled food energy and insurance doubled, and you want the consumer to be happy?!!!
@melissagualco2132
@melissagualco2132 6 дней назад
I agree
@ggr1847
@ggr1847 5 дней назад
To be fair, keeping interest rate high is the most significant thing the fed can do to combat the high price of things at this point.
@realLetsGoBrandon45
@realLetsGoBrandon45 5 дней назад
@@ggr1847to be fair, their policies got us here in the first place and the majority of the people implementing the policies are incompetent
@erikaxchristine
@erikaxchristine 4 дня назад
They can kiss our a**es.
@miguelagonzalez7332
@miguelagonzalez7332 4 дня назад
He is in lala land!
@markjoslin9912
@markjoslin9912 6 дней назад
Why aren’t Americans not feeling good about the economy? Go to the grocery store or gas station.
@grimaffiliations3671
@grimaffiliations3671 6 дней назад
they are feeling good according to the polls tho
@leekelodev
@leekelodev 6 дней назад
Those two areas are fine since they remove them from the inflation report. Everything is puffy clouds and unicorns.
@matdallas100
@matdallas100 6 дней назад
I’m feeling pretty good about the economy but that’s just me . I’m glad he’s not telling people how they should feel unlike some politicians tell me I should feel bad about the economy
@neiltrice2546
@neiltrice2546 6 дней назад
Right like this dude doesn’t even shop for his own groceries and fill is own gas tank haha
@kingpinz333
@kingpinz333 6 дней назад
@@leekelodevand by polls you mean turds coming out of their mouths
@yahdood6015
@yahdood6015 6 дней назад
Aaaaand the economic gaslighting continues
@elizabethkeith7283
@elizabethkeith7283 6 дней назад
Perfect assessment!
@amrice62
@amrice62 6 дней назад
Totally agree with you
@matthewm9261
@matthewm9261 6 дней назад
Wish he'd mention the loss of the petrodollar
@WELVAS.
@WELVAS. 6 дней назад
Until demand goes down and Americans slow their spending from current levels, they are gonna keep rates high. Demand is still high for services.
@italianmiltyfriedman6264
@italianmiltyfriedman6264 6 дней назад
@@elizabethkeith7283 just repeating buzzphrase from fox news.
@adrianmoreno8064
@adrianmoreno8064 6 дней назад
Our kids are basically screwed in their economic future!
@Matt-iz8wf
@Matt-iz8wf 6 дней назад
You are too!
@S888A-KenObi
@S888A-KenObi 6 дней назад
Yeah but they may die poor, but we will LIVE poor for two decades after this house of cards falls.
@supersonic118boi8
@supersonic118boi8 6 дней назад
Yeah most people throughout human history live in poverty so most likely not just our children but our childrens children
@bobbyricky7595
@bobbyricky7595 6 дней назад
@@gyrate3 34+ trillion in debt says otherwise
@mcnutterfudgn
@mcnutterfudgn 6 дней назад
Nah. Invest and stop spending!
@lucyg7887
@lucyg7887 6 дней назад
As an accountant, I have seen this mess brewing for years. He didn’t answer any questions with solid answers. Election year anyone?!
@douglasryle6499
@douglasryle6499 6 дней назад
Bingo!
@wfpogun
@wfpogun 6 дней назад
Correct but unfortunately the dem and rep parties are both the same.
@dawnfire82
@dawnfire82 2 дня назад
@@wfpogun Yeah, bc there's no difference between Trump policies and Biden policies. 😆
@draghn
@draghn День назад
@@dawnfire82 Exactly! We need to get rid of both and get some new "blood" in. We've tried both.
@user-mb4wh2xf5c
@user-mb4wh2xf5c 6 дней назад
I was at the grocery store today and just looked at a 12 pack of Coke and it was $9.99 that is an 80% increase over just a few years ago,my gas utility company just informed me they are going to increase rates 10.25% and my electric utility increased over 17% with 2 rate hikes in the last 2 years..inflation for most of what we buy is over 15% and NOT 3.2%...that 3.2% is a lie.
@jeffgo5742
@jeffgo5742 6 дней назад
But if you buy 4 you’ll get them for 7.99 which is still crazy.
@supersaiyaman11589
@supersaiyaman11589 6 дней назад
as far as soft drinks i would stop buying 12 packs and start buying 2 letter sodas and cut back if u had to i am not paying 10 dollars for sades.
@taffyalusa4642
@taffyalusa4642 6 дней назад
Ween off soda
@prettyyoungthingpyt5015
@prettyyoungthingpyt5015 6 дней назад
And they keep lying about inflation is easing, prices going down! All lies..
@SouIworld
@SouIworld 6 дней назад
Just to be clear.. you understand if Powell drop rates Inflation will be much worse, right?
@DavidJ245
@DavidJ245 6 дней назад
Their go to plan: “We have no plan”
@hdhd7402
@hdhd7402 6 дней назад
🤣😂😅
@JelinaSehmik
@JelinaSehmik 6 дней назад
😂😂
@acornsucks2111
@acornsucks2111 6 дней назад
Its not their job.
@blahblahblah-uw4uf
@blahblahblah-uw4uf 6 дней назад
“print more money”
@MBarberfan4life
@MBarberfan4life 6 дней назад
"We're going to fight inflation by printing more money!"
@SammerSO
@SammerSO 6 дней назад
It’s a clown show.
@MjV-jd2lo
@MjV-jd2lo 6 дней назад
Do dooo doo doo doooo dooo
@oleotoleo3414
@oleotoleo3414 6 дней назад
Clowns that play experts who try to lie and not getting caught
@sevartt9046
@sevartt9046 6 дней назад
​@@oleotoleo3414They're actually criminals that like to play dumb to avoid getting in trouble. Just like the "experts" during "covid".
@John-fr4hu
@John-fr4hu 6 дней назад
Powell is so full of shit, everything is up except wages 🤡
@zmack1830
@zmack1830 6 дней назад
I heard his real problem is constipation !!
@Bea_B
@Bea_B 6 дней назад
​@@zmack1830😂😂😂
@i_i8924
@i_i8924 5 дней назад
"Just as planned" -Corporations
@dr_flunks
@dr_flunks 5 дней назад
which means he's succeeding. why would we want wages up? companies exist to make profit, not pay wages.
@zmack1830
@zmack1830 3 дня назад
@@Bea_B 😂lol
@DJMilez
@DJMilez 6 дней назад
If only my “confidence” can pay my bills and taxes we’d be onto something
@dustinholt7308
@dustinholt7308 6 дней назад
It’s gonna be scary times when the fantasy ends
@heinzyketchupy4175
@heinzyketchupy4175 6 дней назад
Dude we are so fucked
@Android-Zen
@Android-Zen 6 дней назад
We’ve been fucked since Trump printed $9trillion during record low interest rates.
@Identify_As_Right
@Identify_As_Right 6 дней назад
​@@Android-Zen actually since 1923 when they turned that printing machine on.
@heinzyketchupy4175
@heinzyketchupy4175 6 дней назад
@@Identify_As_Right exactly. 🤦🏻‍♂️
@hushmoney2058
@hushmoney2058 6 дней назад
@@Android-Zen Your Funny ...
@wdiv
@wdiv 6 дней назад
@@Identify_As_Rightcorrect +10000
@rwandajc92
@rwandajc92 6 дней назад
I just got s message this morning from my dispatcher that the trucking company I was working is closing, going bankrupt that he saved my number if goes somewhere else he can call me. Now Im picking up the last load from Yuma AZ to Chicago IL then bring the truck back to the yard after 8 years working for the company. There’s nothing good about this economy, I don’t know where Powell gets the data from😢
@roland1912
@roland1912 6 дней назад
He's worth over $40 million dollars. All his friends are multimillionaires and multi-billionaires, the people who sign his paycheck are multimillionaires and multi-billionaires... it's a case of the people in power are beyond reproach, that it doesn't matter where their data comes from because they don't care.
@DJSolistica
@DJSolistica 6 дней назад
The reason that the trucking company you worked for is going bankrupt may not be related at all, there's so much missing context to determining to blame for that.
@VictoryXR
@VictoryXR 6 дней назад
@@DJSolisticaright, so many companies shutting down and hundreds of thousands of mass layoffs are happening all over the country but, sure, yeah… it’s just THAT guy’s company. 🙃
@lcrtz3611
@lcrtz3611 6 дней назад
Im from yuma too 😂
@anonyghost7422
@anonyghost7422 6 дней назад
The elites speak as if the entire country is living in the same neighborhood. Out of touch politicians (and yes, the feds play these games too). Best of luck to you in finding another job. Stay up
@MB031
@MB031 6 дней назад
Economy is so great and strong that people can't afford living ! 😀
@JamesDandyTTR
@JamesDandyTTR 6 дней назад
Nothing from this government makes sense now-a-days
@tacosanloresno
@tacosanloresno 6 дней назад
“Stupidity, fear, and greed rule the world” Albert Einstein
@aprilsunshine7565
@aprilsunshine7565 6 дней назад
Exactly!💣💥💸💸💸😑
@isaacbarret3454
@isaacbarret3454 6 дней назад
Defund this government!
@RedProg
@RedProg 6 дней назад
" Don't worry , be happy"...J Powell
@nellybelly623
@nellybelly623 6 дней назад
@@isaacbarret3454and the media!
@Gingerbread456
@Gingerbread456 6 дней назад
Everyone who is in congress should be put on trial. this is absolutely insane.
@garysmith7760
@garysmith7760 4 дня назад
Yes! Criminals!!!
@VRGamingTherapy
@VRGamingTherapy 6 дней назад
Help the American people? That was never on the government's agenda.
@donvergon2158
@donvergon2158 6 дней назад
its about helping foreign nations in the old world
@dereksbooks
@dereksbooks 6 дней назад
The government mandate is to TAKE, never to GIVE. They technically have nothing of their own to give.
@KSWKREW
@KSWKREW 6 дней назад
They have to say that to keep the sheep in line.
@dr_flunks
@dr_flunks 5 дней назад
100% it's to stay in power.
@blessedmamags7796
@blessedmamags7796 6 дней назад
WOW out of touch with real people 😢. Groceries have doubled. Insurance has doubled. Housing has doubled.
@dokkaebi757
@dokkaebi757 3 дня назад
they aren't out of touch, they are purposely causing damage.
@sliphere011
@sliphere011 6 дней назад
"banking system has been solid".... how many banks have failed in the last 2 years?
@13kingofbattle47
@13kingofbattle47 6 дней назад
And to the regular Americans just eat cake
@sundippatel1796
@sundippatel1796 6 дней назад
This guy needs to spend some time with everyday people since he has” no idea” why they don’t agree with him. He’s seems all corporate driven , not paying attention to everyday workers . SMH
@DJSolistica
@DJSolistica 6 дней назад
It's almost like the vast majority of Americans are employed by those corporations.
@ripster9713
@ripster9713 6 дней назад
@@DJSolistica (and are poor)
@joefunk76
@joefunk76 6 дней назад
He’s worth over $100m. It’s all academic to him. Unaffordability of housing or anything else is not something he will ever reckon with.
@zm5513
@zm5513 6 дней назад
So sorry to hear that
@DJSolistica
@DJSolistica 6 дней назад
@@joefunk76 Jerome Powell is not worth over 100m.
@jonathanlampkin6673
@jonathanlampkin6673 6 дней назад
Powell thinks we are all idiots.
@DJSolistica
@DJSolistica 6 дней назад
Most people are.
@aaront936
@aaront936 6 дней назад
If you want rate cuts you are.
@jasonlarsen5594
@jasonlarsen5594 6 дней назад
from these responses, most people are idiots
@jigthepuff4540
@jigthepuff4540 6 дней назад
They are in control and nothing we can do about it.
@droyal104
@droyal104 6 дней назад
Yes we can pray to God of heaven and earth.
@cljerjr31
@cljerjr31 6 дней назад
word salad by the Fed
@kimcissell1905
@kimcissell1905 6 дней назад
Hyperinflation , depression , collapse 😮😮
@prolific1518
@prolific1518 6 дней назад
​@@gyrate3 nope that's the outcome of this. Losing reserve currency status will cause the next down turn to be the last. Buckle up
@BarrettGreg
@BarrettGreg 6 дней назад
Its maddening listening to this guy just bald face lie. If he is not lying he needs to be removed from his position.
@akivalu
@akivalu 6 дней назад
He doesn't know why Americans are pissed????!!!!!! 🤣🤣🤣🤣
@heinzyketchupy4175
@heinzyketchupy4175 6 дней назад
People are forgetting people are having less kids, means less money for the future for productivity, so where the hell are they gonna find the money
@annjames1837
@annjames1837 6 дней назад
You forgot about Biden's Newcomers 😅
@grimaffiliations3671
@grimaffiliations3671 6 дней назад
taxes dont fund government
@supersaiyaman11589
@supersaiyaman11589 6 дней назад
@@grimaffiliations3671 if taxes dont fund government how do you think roads get paid for the answer is the gas tax for example.
@MuscularOrphan
@MuscularOrphan 6 дней назад
@@grimaffiliations3671it funds the big banks when they crash e.g 2008 housing crisis
@johndsouza842
@johndsouza842 6 дней назад
Immigration!!!! Why do u think they opened the border?!?
@PlagueGuy
@PlagueGuy 6 дней назад
I wish I could cherry pick only the good data that makes me look good at my job like the fed does.
@NYyazoofan
@NYyazoofan 6 дней назад
"Inflation is transitory" - Treasury Secretary Janet Yellen in 2021.
@betsyburns1825
@betsyburns1825 6 дней назад
Banks--in trouble Housing costs--up Economy--up
@TheOneTrueNoName
@TheOneTrueNoName 6 дней назад
"Consumer's in pretty good shape"
@HH-ru4bj
@HH-ru4bj 5 дней назад
I think they mean the consumers they care about, which are the ones they see at wine parties and the stores in their closed off section of the city. Everyone else is as invisible to them, as those silver spoons are to us.
@TheOneTrueNoName
@TheOneTrueNoName 5 дней назад
@@HH-ru4bj 💯
@user-eg2jr8dt1j
@user-eg2jr8dt1j 4 дня назад
Leftists and godless thugs (same thing) lie about everything, why would you expect otherwise?
@hungp.8191
@hungp.8191 6 дней назад
Fed: Well, let's ignore the data and go with gut feelings. Also, my pronouns are "I've been wrong for years..."
@sshobbies276
@sshobbies276 6 дней назад
Brian, thank you so much for investing your time to share with us. Thank you!!
@Theonetruegod-hw2ei
@Theonetruegod-hw2ei 6 дней назад
He is a liar and when will you stop falling for his lies?
@AllOut305
@AllOut305 6 дней назад
He gets compensated insanely by youtube truth me
@Evertraveller
@Evertraveller 6 дней назад
"DATA " The new magic word.
@nano.joe.4851
@nano.joe.4851 6 дней назад
he’s just a puppet for the shareholders of the Federal Reserve. They all need to be thrown in prison.
@koolkitties8552
@koolkitties8552 5 дней назад
One trillion in interest per year on 34 trillion debt
@MBarberfan4life
@MBarberfan4life 5 дней назад
That's an equivocation of the term "shareholders".
@leohsiang1204
@leohsiang1204 6 дней назад
Brian, hear me out. If I'm the President of the U.S., I would appoint you the Chairman of the Federal Reserve instead of this clown
@melissagualco2132
@melissagualco2132 6 дней назад
I second that
@user-hu8ib7vm5d
@user-hu8ib7vm5d 6 дней назад
Ditto!
@Originalroyalguard
@Originalroyalguard 6 дней назад
I don't know that any one man can fix the weight of all this debt and inflation. The system has to fail to reset. Something like 2008 or worse.
@grimaffiliations3671
@grimaffiliations3671 6 дней назад
@@Originalroyalguard not really
@922apocalypse
@922apocalypse 6 дней назад
I will vote for you if you run man
@brunnjon
@brunnjon 6 дней назад
The pain couldn't possibly be because the cost of housing has doubled in 5 years
@debbiewedoe2564
@debbiewedoe2564 6 дней назад
Homeless and low income families need help. Can’t afford housing or FOOD.
@keltingr2612
@keltingr2612 5 дней назад
Universal Basic Income. They will have you begging for it
@MarbleForkBand
@MarbleForkBand 6 дней назад
I make $25 too much to qualify for food stamps. I have been disabled for 20 years. Never had an issue with paying my bills. Not any more. 😥
@Illninnio
@Illninnio 6 дней назад
Unemployment has to be higher than 4 percent considering people who don’t report being unemployed
@420AzSmoker
@420AzSmoker 6 дней назад
They're playing a dangerous game
@user-vp7ys9mv9q
@user-vp7ys9mv9q 6 дней назад
2 working adults in California with “not that lowpay job” barely can afford rent, food and gas.
@Ret17
@Ret17 6 дней назад
To be honest, he should say "its an election year, I want to keep my job and my overlords told me to cut the interest rate before the election"
@garyleung5760
@garyleung5760 6 дней назад
100k salary is low income now.
@hushmoney2058
@hushmoney2058 6 дней назад
80k you will starve ...
@rival121
@rival121 6 дней назад
60K, homeless. I mean houseless, I mean house insecure. Oh whatever you want to call it without getting cancelled!!
@laughoutlos
@laughoutlos 6 дней назад
Yea why aren’t people happier with the economy ? Geee idk maybe it’s cuz you have to save up for 3 months to go to Wendy’s
@mlo356
@mlo356 6 дней назад
Either he doesn't realize we are talking about the American economy or he believes we are idiots. Either way, not good.
@DJSolistica
@DJSolistica 6 дней назад
Most people are idiots.
@bwhite9993
@bwhite9993 6 дней назад
There is no way only the fed can fix inflation. Too many pieces in play: 1.) Corp greed causing inflation 2.) People who don't stop spending even though they don't have it. (this would force companies to lower prices) 3.) Govt spending like there is no tomorrow. Personally its about time this economy reward savers. Too many people think that 0% is the norm...it shouldn't be.
@sebastianlucas704
@sebastianlucas704 6 дней назад
Corporations aren't causing inflation. Their profit margins are at historic lows. Business are shutting down all over, even Costco and Walmart are having trouble.
@prolific1518
@prolific1518 6 дней назад
​@@sebastianlucas704 you're ignorant to the facts. Walmart and Costco margins are at all time highs.
@johnnyBrwn
@johnnyBrwn 6 дней назад
Exactly. Damn dude, you're brilliant. I'm leaning more from you than school .
@user-kj5fh2bo9z
@user-kj5fh2bo9z 6 дней назад
The government does not want savers. The government wants spenders.
@sebastianlucas704
@sebastianlucas704 6 дней назад
@@prolific1518 No they aren't, I know this, because I read their reports. Walmart reported a 2% profit margin for 2023. Don't tell me you're one of those people, that think revenue=profit?
@wildwaning9427
@wildwaning9427 6 дней назад
"We can't tell ppl what to think or how to feel but our data shows..." Such statements reflects a more glaring issue of those who've been repeating the same narrative for so long they've gaslighted themselves--an issue of morality.
@kingpinz333
@kingpinz333 6 дней назад
If we keep letting them do this to us it’s not going to get better. Tea Party anyone ?
@keithwolf4815
@keithwolf4815 6 дней назад
"We are doing everything we can." This government is really mentally ill!!!!!!!!!!!!!!!!
@ShowMeWhatINeedToKnow
@ShowMeWhatINeedToKnow 6 дней назад
Federal Reserve isn't a government entity.
@MBarberfan4life
@MBarberfan4life 5 дней назад
@@ShowMeWhatINeedToKnow actually, it partly is. Partly public, partly private.
@ShowMeWhatINeedToKnow
@ShowMeWhatINeedToKnow 5 дней назад
@@MBarberfan4life Actually, that's a lie. Public entities don't have private share holders.
@sirenmuscle
@sirenmuscle 6 дней назад
People are just plain pissed off..that simple.
@ProdigyRE
@ProdigyRE 6 дней назад
I’ve delt with more homeowners behind on their mortgage these last three months on a regular. I haven’t delt with this many in nearly 14 years. There’s a storm brewing
@qdood
@qdood 6 дней назад
Hope everyone has a great weekend
@aprilsunshine7565
@aprilsunshine7565 6 дней назад
Thanks!! And same to u my friend!😎
@BecamePneuma
@BecamePneuma 6 дней назад
Buy Bitcoin
@qdood
@qdood 6 дней назад
@@BecamePneuma I don't buy Bitcoin way too volatile but I do short it and borrow it. Has paid off quite well.
@BecamePneuma
@BecamePneuma 6 дней назад
@@qdood So you prefer infinite printing dollar paper bills instead? Interesting.
@droyal104
@droyal104 6 дней назад
Happy Flag Day to You All Too!! 🇺🇲🇺🇲
@Centexgem
@Centexgem 6 дней назад
This year my homeowners insurance up 21%, my medical insurance up 27%. These were notices in May. My auto insurance renews in July. Holding my breath.
@medicatedforyoursafety9349
@medicatedforyoursafety9349 4 дня назад
I wouldn’t. 😢 same boat here
@jaaaakert
@jaaaakert 6 дней назад
Inflation on necessities (Food, Transportation, Housing, Utilities, etc) is up much higher than whatever they are using to calculate the official inflation numbers. That is where the disconnect lies.
@Medicine91
@Medicine91 6 дней назад
The economy is the crapper. The federal government is running deficits at over 6% of GDP and we have 2% GDP growth. That’s a fiscal stimulus of over 4% of GDP. If the economy was thriving, they would balance the budget.
@jonathantaylor6926
@jonathantaylor6926 6 дней назад
@@gyrate3 Found the Biden voter lol
@DM-op9tp
@DM-op9tp 6 дней назад
Brian we the people of the United States would like to know if the federal reserve can be held accountable for printing to much money.
@markme4
@markme4 6 дней назад
o
@MrJwyne
@MrJwyne 6 дней назад
Consult with an attorney.
@o0GrayMatters0o
@o0GrayMatters0o 6 дней назад
*too
@LovelyBeachCoast-us1ec
@LovelyBeachCoast-us1ec 6 дней назад
@DM- op9tp all I know is that they can’t be prosecuted 😭
@nellybelly623
@nellybelly623 6 дней назад
The answer is no.
@unebonnevie
@unebonnevie 6 дней назад
"In the meantime it will be painful for people..." Same damn statement two years ago!
@user-ic6xf
@user-ic6xf 6 дней назад
End the Fed! The free market should determine interest rates, not the central planners at the Federal Reserve.
@pamelamehl5668
@pamelamehl5668 5 дней назад
Gotta get the dollar asset based not fiat.
@acornsucks2111
@acornsucks2111 6 дней назад
They cannot cut rates and fight inflation at the same time. The spending of congress is the most important aspect that you seldom mention.
@RoIIingStoned
@RoIIingStoned 5 дней назад
He mentioned it almost exclusively in the "Paying higher taxes" video recently.
@hermeskino711
@hermeskino711 6 дней назад
Another thing I noticed is that JPow said that "nobody is talking about rate hikes" when Kashkari keeps talking about how rate hikes is not out of the question. Somebody is lying here
@stephenloy3535
@stephenloy3535 6 дней назад
it makes no sense because they are lying
@damonlawrence3700
@damonlawrence3700 6 дней назад
It’s obvious Powell is clueless. The people who got us in this mess shouldn’t be the ones to get us out of it
@Siclone23
@Siclone23 6 дней назад
He's not clueless he's lying through his teeth
@jubz727
@jubz727 6 дней назад
Thanks Bryan for your hard work and for keeping us informed and up to date
@Roger-fv9pw
@Roger-fv9pw 6 дней назад
CALIFORNIA is doing now lay offs
@RoganBits
@RoganBits 6 дней назад
My bank just changed the balance requirement for checking accounts to $500.
@Halfaloaf599
@Halfaloaf599 6 дней назад
Not your job to think about people as people. We are numbers. This world is insane! Get bent. Stop the price gouging then! Food, CAR INSURANCE! I am so pissed off.
@DJSolistica
@DJSolistica 6 дней назад
Food companies and insurance companies are raising their prices due to inflation. That's why the fed hiked rates, to address the inflation.
@basedblueboy8770
@basedblueboy8770 6 дней назад
The issue is not unemployment rates. The issue is employment compensation and affordability.
@jonathancarter5120
@jonathancarter5120 6 дней назад
Unemployment rates will rapidly become a massive issue as AI advancement continues over the next few years.
@Blittsplitt5
@Blittsplitt5 6 дней назад
No it won't​@@jonathancarter5120
@MBarberfan4life
@MBarberfan4life 6 дней назад
Wages always lag every other price, though. In real terms, they are starting to go up again, but not yet back to where they were prior to 2020.
@benscott6826
@benscott6826 6 дней назад
Unemployment rate is always inaccurate
@Siclone23
@Siclone23 6 дней назад
They have borrowed so much.
@HashCat84
@HashCat84 6 дней назад
basically we can not let people know that there is no rate cut in near future, not in election year
@cathytyson5177
@cathytyson5177 6 дней назад
They don’t know why people are unhappy because they don’t care and don’t ask!
@elleboyle9452
@elleboyle9452 6 дней назад
I'm still just trying to figure out who is lying and who is clueless.
@markigirl2757
@markigirl2757 4 дня назад
Clueless more like they know and don’t want to lose their secure job
@tsx3214
@tsx3214 6 дней назад
Consumer confidence number this morning was way below the expectation too.
@sagesky8318
@sagesky8318 6 дней назад
I don't see anything prices going down. Unemployment is not doing that well. Places are laying off. They never make sense.
@DJSolistica
@DJSolistica 6 дней назад
Unemployment is near historically very low levels.
@penniesfromheaven2511
@penniesfromheaven2511 6 дней назад
@@DJSolisticakeep drinking that kool aid DJ…
@DJSolistica
@DJSolistica 6 дней назад
@@penniesfromheaven2511 yawn, that all you got?
@vladimirofsvalbard9477
@vladimirofsvalbard9477 6 дней назад
@@DJSolistica Yes, because they are utilizing U-3 to calculate unemployment. If you looked into U-6; it would be more like 18%. Gig jobs and Part time jobs are the current market. The jobs being created are primarily ghost jobs being perpetuated to commit unemployment insurance fraud by large companies. You can't prove it because they use 'interview quotas' to give the illusion of the job's existence and also so they can maintain them as 'vacancies'. I'm not joking, try applying for any job. FedEx and Amazon removed their warehousing posts in Columbus, OH for the first time in 12 years. I feel really bad for young people or those fresh out of college/HS.
@user-rw6tm8hx4g
@user-rw6tm8hx4g 5 дней назад
​@@DJSolistica yeah because now people need two jobs to have the money they need 🤡 stupidfk
@jedimindgames
@jedimindgames 6 дней назад
Most of my generation got abosoltely shafted. Most of us did everything right. Got the degeree we were told to get. Got the job we were told to get with said degree. Now just as most of us were just on the cusp of being prospective homeowners the rug got pulled out from underneath us. We're stuck paying obnoxious amounts in rent even outside of cities. Saddled with tens of thousands of dollars in debt that were now paying on again( yeah yeah i know we signed the contract etc etc. Save yourselves the time.) and now many of us have been laid off for several months and still continue to struggle to find jobs. Food costs have nearly tripled, gasoline doubled, rents up 35% cpmpared to 4 years ago . Energy prices up. We have little hope to be homeonwners anymore. Hell most of us dont even want kids because its just too expensive anymore.
@colettespencer3357
@colettespencer3357 5 дней назад
Yep. The only lucky ones are those that can live at home indefinitely
@caseyjones5145
@caseyjones5145 6 дней назад
Idk why anyone acts like poor people are even thought about in these meetings. Its been obvious for years that when these people talk about the economy, WE are not part of it.
@droyal104
@droyal104 6 дней назад
True.
@amandarudd3017
@amandarudd3017 5 дней назад
FACTS
@melindachristisourhope6255
@melindachristisourhope6255 6 дней назад
That Powell man is something else...
@ahlmost
@ahlmost 6 дней назад
Bru.... what is even happening at these meetings 🤦‍♂️
@crazydragun1
@crazydragun1 6 дней назад
Seems like an exact parallel to animal farm.
@lagunamusic7686
@lagunamusic7686 6 дней назад
My bottle of olive oil that used to cost $19 now costs $43. WTF?!? How do they not see this
@orion6704
@orion6704 6 дней назад
Powell is full of it!
@benscott6826
@benscott6826 6 дней назад
They don’t want to fix it
@mrtreezz8251
@mrtreezz8251 6 дней назад
I'll reduce my standard of living as soon as the FED and Govt officials do
@PissonZionists
@PissonZionists 6 дней назад
They need to be fired both people in the department of labor and the federal reserve- they failed and American people suffer
@BigD4Real.
@BigD4Real. 6 дней назад
Could you talk about how the petrodollar just ended and how that could have an effect on inflation?
@rinzin_la
@rinzin_la 6 дней назад
Thanks for keeping us updated 🙏🏼🙏🏼
@barrybarry8564
@barrybarry8564 6 дней назад
Raise the rates to 10% already muahahaha
@MBarberfan4life
@MBarberfan4life 6 дней назад
Volcker would have done that already, along with unlimited QT.
@MBarberfan4life
@MBarberfan4life 6 дней назад
​@@dissident112I didn't say QE. I said he would have reversed the QE: QT. QT
@MBarberfan4life
@MBarberfan4life 6 дней назад
​@dissident112 there is no free market in the bond market: it's rigged. That's the issue. Until then, discretionary monetary policy is just silly
@dad242
@dad242 6 дней назад
November is so close everyone plz vote these people out!!! Get off the couch and VOTE! Enough is enough!
@SayChoow
@SayChoow 5 дней назад
It's all rigged
@quanghong9337
@quanghong9337 6 дней назад
I own restaurants our food cost is high and businesses are down 35%
@FutureUnit
@FutureUnit 6 дней назад
Republic First Bank in April, 2024: *FAILS* FAU EXPERT in May, 2024: “ALMOST 300 BANKS ARE AT HIGHER RISK OF FAILURE” Powell in June, 2024: “Banks are doing great, solid, well capitalized...”
@wheredidthetimego8087
@wheredidthetimego8087 6 дней назад
Thanks for all your hard work for us Brian!
@darealreckless3618
@darealreckless3618 6 дней назад
I wish my bank account looked like Powells I wouldn't care about barely getting by either 😅
@Kevinw4040
@Kevinw4040 6 дней назад
There’s just no way for Powell to get rates down unless Biden stops spending money like drunken sailors.
@angieng71
@angieng71 6 дней назад
So fed is no more "data dependant" but changed to "confidence dependant"?
@TheOneTrueNoName
@TheOneTrueNoName 6 дней назад
That's freaking crazy
@vaughnmilburn6966
@vaughnmilburn6966 5 дней назад
Thank you, brian, for the update.
@ripsirwin1
@ripsirwin1 6 дней назад
People need to go to prison
@vladimirofsvalbard9477
@vladimirofsvalbard9477 6 дней назад
Start with Trump, Biden, The FED, and anybody that shut down the economy in 2020.
@txp158
@txp158 6 дней назад
The cure for inflation is that the government stops spending or the Fed keeps raising the national interest rate until everything breaks apart. There is no other choice.
@Siclone23
@Siclone23 6 дней назад
They should pay back the interest with their payroll paychecks.
@1776redline
@1776redline 6 дней назад
Thank you for this video!
@ItsBrightOne
@ItsBrightOne 6 дней назад
Perfect timing. Thanks for sharing.
@rosebloom2518
@rosebloom2518 6 дней назад
Happy Friday Brian! Have a wonderful weekend!☀️🌺
@qdood
@qdood 6 дней назад
🍪
@rosebloom2518
@rosebloom2518 6 дней назад
@@qdood 😄👍
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