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How Inflation Precipitates Societal Collapse 

Academy of Ideas
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9 окт 2022

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Комментарии : 2,6 тыс.   
@academyofideas
@academyofideas Год назад
Knowledge is Power. Become a Supporting Member and access 69 videos available only to members! - academyofideas.com/members
@AUMINER1
@AUMINER1 Год назад
biden says inflation is a great thing really, and we need much more of it
@star_duck
@star_duck Год назад
Nice
@gravity00x
@gravity00x Год назад
nice
@AGTheOSHAViolationsCounter
@AGTheOSHAViolationsCounter Год назад
Nice
@whykoks
@whykoks Год назад
Bitcoin
@NicholasBall130
@NicholasBall130 2 месяца назад
The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 2nd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
@StocksWolf752
@StocksWolf752 2 месяца назад
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
@EleanorBaker474
@EleanorBaker474 2 месяца назад
Very true, you can be passively involved in the markets and still amass wealth-gains using an investment advisor. I first dabbled in stocks late 2019, just before the pandemic, and that same year gained over 150% with no prior investing experience, basically all I was doing was following directions of my advisor. We are working on a retirement ballpark of $3m and I’m certain my goal isn’t farfetched after subsequent investments and tremendous returns so far.
@StacieBMui
@StacieBMui 2 месяца назад
Could you kindly elaborate on the advisor's background and qualifications?
@EleanorBaker474
@EleanorBaker474 2 месяца назад
The advisor that guides me is Sonya lee Mitchell, most likely the internet is where to find her basic info, just search her name. She's established.
@crystalcassandra5597
@crystalcassandra5597 2 месяца назад
I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.
@iyziejane
@iyziejane Год назад
Inflation is slavery, bankers print money while most people work for it. I used to press economists about why inflation is inevitable, but never found one who knew (or would admit) the big picture. This is because inflation is a mechanism of enslavement, and the economists I spoke to were themselves enslaved. It's all very obvious to those who pursue the question to its conclusion, but most people remained chained since birth watching shadows on the wall.
@chrismay2298
@chrismay2298 Год назад
They LOVE their enslavement.
@lightinthedarkness5606
@lightinthedarkness5606 Год назад
Exactly
@Nasherize
@Nasherize Год назад
Austrian economists like Mises + Hayek have made this case, quite extensively. Sounds like you were talking to Keynesians and Monetarists
@elinope4745
@elinope4745 Год назад
Imagine a growing multigenerational family on a homestead. As the family grows they must compete for limited resources more or they must become more efficient. Imagine many of these family homesteads with growing families for many generations based on unsustainable levels of efficiency. That is the ground situation, if anyone truly at fault is alive today, they are very old.
@oldmanfromscenetwentyfour8164
Banks don't print money, the Government does.
@raynoldgrey
@raynoldgrey Год назад
Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.
@danieljackson87
@danieljackson87 Год назад
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.
@danieljackson87
@danieljackson87 Год назад
@Davies McCamey I encountered Ruth Loralann Brennan through a CNBC interview, and I emailed her. She is guiding me. Since then, she has given me chances to buy and sell the stocks in which I'm interested. You can hunt her up online if you require care supervision.
@andrewlogan7737
@andrewlogan7737 Год назад
@@danieljackson87 Insightful... I was curious after reading what you shared, so I Googled her name. I came across her webpage.
@Dubbadizzo86
@Dubbadizzo86 Год назад
It not only affects their cost of living, but affects the value of their savings too. If you have 10k in the bank, that may buy you more now than that same 10k in the future after inflation. It literally is an invisible tax on the people.
@dont_hit_trees
@dont_hit_trees Год назад
Uhh, you appear to be old enough to have lived through the 80’s. Inflation was 2-3x higher than it is now. Somehow you survived.
@painandsuffer
@painandsuffer Год назад
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...." Thomas Jefferson
@sizzlinbacon21able
@sizzlinbacon21able Год назад
It's Thomas Jefferson's way of saying, "You will own nothing and be unhappy." Contrary to the WEF and Klaus Schwab saying "You will own nothing and be happy." The Founding Fathers were prophets.
@ashleeallen8875
@ashleeallen8875 Год назад
“Ever allow” is what gets me. Who really made that choice for us? Not us!
@sizzlinbacon21able
@sizzlinbacon21able Год назад
@@ashleeallen8875 Yep, but now it you try to prevent it, you're thrown in jail. The government has a monopoly on violence and will not hesitate to use it against you if you step out of line.
@solomongrundy1467
@solomongrundy1467 Год назад
@@ashleeallen8875 Our dark overlords made that choice.
@GuinessOriginal
@GuinessOriginal Год назад
And yet everyone who says they need a gun to protect themselves from a tyrannical government do nothing
@farticlesofconflatulation
@farticlesofconflatulation Год назад
“Paper is poverty, it is only the ghost of money, and not money itself.” -Thomas Jefferson
@sammyd7857
@sammyd7857 Год назад
Just like licences are turning people into ghosts
@Elazar40
@Elazar40 Год назад
Currency is printed... MONEY is minted. Whereas currency is a conveyance of a claim upon value, MONEY is THE VALUE. Only with true MONEY, may a value-for-value exchange be made. For decades now, what is called MONEY and DOLLARS are neither.
@druidmechanics
@druidmechanics Год назад
From Jefferson to Carrington, 1788: "There are rumours that the Austrian army is obliged to retire a little; that the Spanish squadron is gone to South America; that the English have excited a rebellion there, and some others equally unauthorized. I do not mention them in my letter to Mr. Jay, because they are unauthenticated. The bankruptcies in London have recommenced with new force. There is no saying where this fire will end. Perhaps in the general conflagration of all their paper. If not now, it must ere long. With only 20 millions of coin, & three or four hundred million of circulating paper, public & private, nothing is necessary but a general panic, produced either by failure, invasion or any other cause, and the whole residuary fabric vanishes into air & shews that paper is poverty, that it is only the ghost of money, & not money itself. 100 years ago they had 20. odd millions of coin. Since that they have brought in from Holland by borrowing 40. millions more. Yet they have but 20 millions left, and they talk of being rich and of having the balance of trade in their favor. Paul Jones is invited into the Empress’s service with the rank of rear-admiral, & to have a separate command. I wish it corresponded with the views of Congress to give him that rank from the taking of the Serapis. I look to this officer as our great future dependence on the sea, where alone we should think of ever having a force. He is young enough to see the day when we shall be more populous than the whole British dominions and able to fight them ship to ship. We should procure him then every possible opportunity of acquiring experience."
@jRex918
@jRex918 Год назад
Thomas Jefferson knew all this stuff 200 years ago. And yet the people of today have no clue.
@Nestoras_Zogopoulos
@Nestoras_Zogopoulos 9 месяцев назад
@@Elazar40 so you're just gonna ignore how the gold standard collapsed huh.
@MRCHUPA
@MRCHUPA Год назад
It’s so terrible watching history like this play out in real time. It doesn’t matter what party is in power, they both agree that money printing is a policy to uphold, and while they all continue to grain incredible wealth and power, us working people are left steadily growing poorer and more dependent on them for the crumbs they throw us. It’s very disheartening. I can’t imagine the level of greed and corruption these people embody.
@swnorcraft7971
@swnorcraft7971 Год назад
It is time for the masses to unite, first in agreement on the problem......then to agree on what to do about it.....and finally to act! Since the control of the monetary system is out of our hands, we need to tell them to keep their Dollar and we will create our own currency and take control of it's value into our hands and out of theirs..............
@vaibhavsingh4200
@vaibhavsingh4200 Год назад
It's same in every nation, and when you read economy books they say inflation is good for economy. In India govt maintains an inflation rate of 4-6% currently it is above 7%. It means govt doesn't want inflation to go below 4%. Our money is being devalued every year, because this is govt policy.
@GAMLAPATTE
@GAMLAPATTE Год назад
We are letting them do it. We'll, YOU are letting them do it, if you want government. The only way out is to let go of the idea of having rulers.
@davideldred.campingwilder6481
The same level of greed and corruption we all enjoy. Let's face it, we are like consuming parasites eating the host (Mother Earth). It's the Government's job to wipe us out.
@brynleytalbot778
@brynleytalbot778 Год назад
Listen to these ideas channels and you find why situations reoccur. Three percent of the population think up new ways of doing things and prosper handsomely whilst ninety seven percent of the population work for them. Within that larger percentage there are vast differences in pay and those who judge themselves to be of greater value and push recompenses upwards at every opportunity thereby creating inflation. At the bottom of that large percentage crumbs are thrown with derisory rises creating pockets of poverty and those earning simply to exist in order to serve the marginally better off who’ve taken out value they don’t merit. There will always be rich and poor who deserve such positions, however indifferent or callous that sounds. It’s the mass in between who define our governments to perpetuate their position and valuations of their often dubious contributions to prosperity. Was it, and is it now, the exponential growth of a middle that’s the cause of every civilisation collapsing? Recall that Rome eventually had no work due to the vast slave population so the dole became the norm and debauchery and depravity followed, bringing the civilisation to its end. As our populations increase and the West outsources dirty tasks to slavery it turns a blind eye to, for instance China and India, is it repeating the mistakes of the Roman Empire? It’s not just money printing that brought the Empire down. The East may be rising to dominate the world as the West sinks under its neo liberalism.
@Carson272
@Carson272 Год назад
It is gone, we lived through the zenith of our time. These bourgeoisie individuals in tandem with the corrupt govt. will take down this country like what happened to Rome. My condolences to anyone approaching retirement, you may have concerns over whether your pension pot will stretch to cover the rising cost of living, bad regulatory policies, bad energy policies and insane fiscal policies
@Carson272
@Carson272 Год назад
@Annabella Butler I can relate to your current dilemma first hand, well I began with EMILY CLAIRE SERVICES who is a fiduciary financial advisor and my gains were quite guaranteed. In similar situations, I will always recommend hiring such an expert to guide you through the unpredictable market and simply provide you with indicators and tactics for determining when to join and exit the market
@Carson272
@Carson272 Год назад
@Annabella Butler I engage in different kinds of prolific investments such as launchpad IDOS, Crypto, Stock & NFTs through MRs. EMILY CLAIRE SERVICES, proper planning and management of a widely known investment professional like her; I've acquired 117k$ as a return so far working with her.
@Carson272
@Carson272 Год назад
@Annabella Butler even at retirement I've lots of investment with Ms Emily Claire Services;made over $132,400, in coins and property. put your money if you're ever going to escape the 'rat race"
@Carson272
@Carson272 Год назад
@Annabella Butler You can look her up online she's renowned and has quite a following you wouldn't have a hard time finding her
@Carson272
@Carson272 Год назад
put EMILY CLAIRE SERVICES in your favourite search engine
@mikewallis2987
@mikewallis2987 Год назад
It's not a blunder..It's highly intentional.
@wood_stone_iron
@wood_stone_iron Год назад
"Zu vill own not ting, and zu vill be hoppy." - Cotton Swab of the World Exploitation Forum
@kody1654
@kody1654 Год назад
You overestimate the intelligence of humanity.
@OneTribe.Community
@OneTribe.Community Год назад
@@kody1654 quite the contrary… if more were aware that these principles of economics & cycles of civilization can and are being manipulated to further control, then we wouldn’t be so foolish to confuse a conspiracy for random chaos, corruption or incompetence.
@justincosby2258
@justincosby2258 Год назад
Its both. Some leaders knew, and some are simply too stupid. I think it was always going to take a clueless ignorant fool to break the debt based system and thats what we have now. But it was always inevitable after leaving the gold standard.
@mikewallis2987
@mikewallis2987 Год назад
@@kody1654 Who says it's human intelligence at play? Well, That's hubris for you.
@justsomeguy2943
@justsomeguy2943 Год назад
THIS, is just another reason why history matters. EXCELLENT work!
@maximilianomadrigal6661
@maximilianomadrigal6661 Год назад
Zambia inflation, Hungary inflation, those countries still exist, Germany had terrible inflation and that didn't collapse, at worst you can say it lead the Nazis to power. This is the dumbest video it has literally killed my brain cells.
@stevenyee1055
@stevenyee1055 Год назад
Yup, else we're doomed to repeat it..
@cagneybillingsley2165
@cagneybillingsley2165 Год назад
the inflation problem has been solved by bitcoin. why won't normies adopt it?
@DeFiSiYT
@DeFiSiYT Год назад
@@cagneybillingsley2165 Better than Bitcoin are the new Web3/DeFi projects such as Drip Network, Animal Farm and another that is launching soon, BankX. Putting the power back into the hands of the people!
@wojohowitz5432
@wojohowitz5432 Год назад
Yes History matters, but zoom in and understand that even though the economies burned to the ground many times, the E'lites and select $#itbags profited immensely each time. The poor and middle class always perish and suffer the most. Its being done again, deliberately, because it worked so well for the E'lites in the past. The largest transfer of wealth IN HISTORY is playing out right now.
@Bombadil-ez9ns
@Bombadil-ez9ns Год назад
We've been hearing "kicking the can farther down the road" for decades. We couldn't do it forever. This was always inevitable. We're probably living through the last efforts to delay the consequences of our prosperity.
@nil981
@nil981 Год назад
Prosperity is an illusion.
@dreamingacacia
@dreamingacacia Год назад
only abundance can save us.
@jimyoung9262
@jimyoung9262 Год назад
If by "we" you mean the criminals in charge of the State, then I agree.
@julian_hesse
@julian_hesse Год назад
As long as the road does not end you can continue to kick the can… What do you want to say?
@everybody21990
@everybody21990 Год назад
Actually, "they" knew this from the onset. Melissa Ciummei has said the fiat system can only mathematically last until 2028. It would explain the infamous slogan for 2030 "You will own nothing and be happy". The catch is, neither will they if we don't submit to their dystopian digital ID and currency.
@carter3294
@carter3294 Год назад
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.
@floxydorathy6611
@floxydorathy6611 Год назад
@Bill If you are not conversant with the markets, your best bet is to get you some kind of advise or assistance from a consultant/investing coach. It might sound basic or generic, but getting in touch with a consultant was how I was able to stay afloat the market and raise my portfolio to about 65% since Jan. For me, its the most ideal way to jump into the market these days.
@corrySledd
@corrySledd Год назад
@@floxydorathy6611 please who is the consultant that assist you with your investment and if you don't mind, how do i get in touch with them?
@floxydorathy6611
@floxydorathy6611 Год назад
@@corrySledd
@corrySledd
@corrySledd Год назад
@@floxydorathy6611 Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@AUniqueHandleName444
@AUniqueHandleName444 Год назад
@Kees Jan No one can survive alone. We all have to rely on others. It's simply a matter of what form that reliance takes. If you can band together and buy property, keep your expenses low, and come to each other's aid in mutual defense, you will be much better off than you would otherwise be. The most basic form of this is the nuclear family. The specialization of labor between the one keeping the home and providing meals from cheap ingredients alone is quite enormous.
@MadnSad
@MadnSad Год назад
As an economist I haven’t read or heard a statement on inflation as profound and moving as this.
@DxModel219
@DxModel219 Год назад
inflation can be exported. as the US raises rates or reducing liquidity , foreign countries that can’t afford a recession must reduce rates… this increases the value of the US dollar and destroys the foreign currency.
@kingkoi6542
@kingkoi6542 Год назад
@@DxModel219 just look at Libya
@MrInternetInfinity
@MrInternetInfinity Год назад
Inflation is a simple form of theft. Always love these vids!
@Papagiorgio153
@Papagiorgio153 Год назад
Taxation on savings
@rileybazan9747
@rileybazan9747 Год назад
@@JoshuaRockyLizardi not really, if someone worked to provide those things you need to live, they should be compensated.
@GameFuMaster
@GameFuMaster Год назад
@@Papagiorgio153 you going to complain to nature about your food growing moldy too? Inflation is a necessity when dealing with a medium to represent value. Your house will crumble, your car will rust, your food will spoil. Stagnation mostly doesn't exist (save for some resources), and deflation is the worse than inflation.
@Papagiorgio153
@Papagiorgio153 Год назад
@@GameFuMaster Yeah, thats why money was originally backed by things like gold, not food and wood genius. I never said inflation wasn't necessary for a functioning economy, but when you have tender that is backed by nothing but a central bankers promise, it leads to things like hyperinflation, corruption, and disparity.
@GameFuMaster
@GameFuMaster Год назад
@@Papagiorgio153 then why label it as a "taxation on savings", when it's really a reflection of real life. And being backed by gold might have worked long ago, but gold is a relatively limited resource, which also has real world uses, i.e. electronics; which will lead to deflation.
@shingnosis
@shingnosis Год назад
Printing money is a choice between facing hardships now or later. Individually many of us prefer to face our hardships head on, but as a collective we invariably choose to let tomorrow worry about itself. This holds true for many things about humanity and society.
@malibudolphin3109
@malibudolphin3109 Год назад
Do more research Your claim of inevitable hardships are not necessarily inevitable when you stick to being a republic and a capitalist Society which frees people from poverty and hardships more than any other system
@klausineliebtpeter
@klausineliebtpeter Год назад
and the natural law of making problems worse/sum up with avoiding them applies too. ive found that whatever deficites you have, you will face them eventually in everything you do. you can choose to overcome them or quit and you will just face them down the road in another form.
@fender4473
@fender4473 Год назад
So that’s why credit cards are so enticing
@alrinaleroux9229
@alrinaleroux9229 Год назад
Because of apathy and inertia (laziness, cowardice), hoping someone else would solve the problems on our behalf? I think "invariably" is taking it a bit far -- there could be an exception (with God's help -- that is the God of the Bible, the only true God).
@troutwalker475
@troutwalker475 Год назад
This is true. COVID is a great example of this idea - most people I know who denied the severity and refused the “vaccine” are practical, hardworking and responsible. They were done with COVId before it started you can say. Sadly, the rest of society, particularly boomers, ruined it for the rest of us, prolonged the ordeal for two years, allowed governments around the world to take advantage of others, vilified individuals for not following their status quo, all of which leads into this inflationary period we have today. To make matters worse, left-wing liberals don’t see to understand or care for monetary policy, so do yourself and everyone a favor and don’t vote democrat moving forward.
@terrythompson7535
@terrythompson7535 Год назад
The avarice of psychopaths and sociopaths is insatiable.. it's like a black hole that even light cannot escape.. and destroys even the brightest stars..
@rabbitcreative
@rabbitcreative Год назад
> destroys even the brightest stars.. It's easier to destroy than to create.
@chrisshipley8703
@chrisshipley8703 Год назад
The sheep will get the slaughter they deserve if they don't wake
@TheLuminousOne
@TheLuminousOne Год назад
It's almost as if the powers of this world want our world to collapse. All goodness and wisdom seems to be lost in this age. Times are wicked as they are terrifying.
@alrinaleroux9229
@alrinaleroux9229 Год назад
It is indeed an intentional collapse. Satan and his cohorts are behind it, and they are ruthless. Deceived people are their instruments. ("Our struggle is not against flesh and blood ..." -- Ephesians 6.) With regard to "terrifying" times, Jesus told us in Matthew 24, "You will be hearing of wars and rumors of wars. *See that you are not frightened* , *for those things must take place* , but that is not yet the end. For nation will rise against nation, and kingdom against kingdom, and in various places there will be famines and earthquakes. But all these things are merely the beginning of birth pangs." We need to be able to function, so we need to resist fear and trust in God (the God of the Bible, the only true God). It might be a good idea to regard it as an adventure (like David did when he ran to meet Goliath). Wishing you all the best!
@pokegurl123456
@pokegurl123456 Год назад
They do, this is all intentional.
@CameronRoses
@CameronRoses Год назад
They do. Satan is pulling all their strings because Satan hates mankind and wants to destroy it. Jesus is coming very, very soon. All that is happening is exactly how Jesus said it would happen.
@elisteele574
@elisteele574 Год назад
it's almost like money is literally just an idea and we could use a different idea to base our society on. Or we could just keep using money and stay under the heel of those with all of it.
@sherpashane1240
@sherpashane1240 Год назад
In collapsing the economy globally, is when the new world order will be able to take over.. It's all planned, it's all intentional. Look up agenda 21 and you'll see that China is listed as the beginning of all our problems with the virus, Or something similar. It's all intentional.
@stardestroyer6272
@stardestroyer6272 Год назад
When the video starts with "Using the example of ancient Rome " you know it's time to buckle up...
@debraallen63
@debraallen63 Год назад
"All roads lead to Rome" ...... There's a reason why people say that. We're in the final Roman Empire now.
@alrinaleroux9229
@alrinaleroux9229 Год назад
@@debraallen63 We're in the time of the feet and toes of clay and iron, as King Nebuchadnezzar (the greatest king of all time) saw in his prophetic dream, described and laid out by God's prophet Daniel in the Book of Daniel (chapter 2 -- I quote from verses 31-45): “You, O king, were looking and behold, there was a single great statue; that statue, which was large and of extraordinary splendor, was standing in front of you, and its appearance was awesome. The head of that statue was made of fine gold, its breast and its arms of silver, its belly and its thighs of bronze, its legs of iron, its feet partly of iron and partly of clay. You continued looking until a stone was cut out without hands, and it struck the statue on its feet of iron and clay and crushed them. Then the iron, the clay, the bronze, the silver and the gold were crushed all at the same time and became like chaff from the summer threshing floors; and the wind carried them away so that not a trace of them was found. But the stone that struck the statue became a great mountain and filled the whole earth. “This was the dream; now we will tell its interpretation before the king. You, O king, are the king of kings, to whom the God of heaven has given the kingdom, the power, the strength and the glory; and wherever the sons of men dwell, or the beasts of the field, or the birds of the sky, He has given them into your hand and has caused you to rule over them all. You are the head of gold. "After you there will arise another kingdom inferior to you, then another third kingdom of bronze, which will rule over all the earth. "Then there will be a fourth kingdom as strong as iron; inasmuch as iron crushes and shatters all things, so, like iron that breaks in pieces, it will crush and break all these in pieces. In that you saw the feet and toes, partly of potter’s clay and partly of iron, it will be a divided kingdom; but it will have in it the toughness of iron, inasmuch as you saw the iron mixed with common clay. As the toes of the feet were partly of iron and partly of pottery, so some of the kingdom will be strong and part of it will be brittle. And in that you saw the iron mixed with common clay, they will combine with one another in the seed of men; but they will not adhere to one another, even as iron does not combine with pottery. "In the days of those kings the God of heaven will set up a kingdom which will never be destroyed, and that kingdom will not be left for another people; it will crush and put an end to all these kingdoms, but it will itself endure forever. Inasmuch as you saw that a stone was cut out of the mountain without hands and that it crushed the iron, the bronze, the clay, the silver and the gold, the great God has made known to the king what will take place in the future; so the dream is true and its interpretation is trustworthy.” (from the *New American Standard Bible* , 1995 edition)
@sams88888
@sams88888 Год назад
@@alrinaleroux9229 interesting verse, thanks for sharing
@alrinaleroux9229
@alrinaleroux9229 Год назад
@@sams88888 Thank you Varun!
@petrosmaragkos5492
@petrosmaragkos5492 Год назад
It seems obvious, however, that both governments and central monetary institutions are aware of the inevitable nature of this downward spiral. By referring to them as being inadequate or even idiotic, we are doing them a favor. It is high time we started talking about real life perpetrators.
@davidc.9933
@davidc.9933 Год назад
And guillotines
@SteviePaints
@SteviePaints Год назад
Well, i used to think they knew what they were doing, but the past two years have made me see clearly that our “leaders” are complete idiots. The emperor has no clothes.
@Userfifteen
@Userfifteen Год назад
From philosophy to economics, this channel has given me much to think about
@Ryanowning
@Ryanowning Год назад
No it doesn't. It ignores 1500 years of history in order to make the dumbest take possible. 2% inflation rates are STRONGLY desirably for economies for damn good reasons, but sure, lets ignore the over 200 economies that all gravitate to 2% inflation because economies are subject to evolution; weaker economies die off and stronger ones prevail.
@halburd1
@halburd1 Год назад
yet he ignored the bible which wrote about this exact time 2 and 3 thousand years ago! yet he ignores it. it is NOt a financial blunder. it is being done on purpose! all described in the bible!
@razzberry1262
@razzberry1262 Год назад
@@Ryanowning The economies that have been gravitating toward the "2%" inflation are currently where we are at. Inflation is highly desirable for "Government Spending" because it cheapens debts. However, it requires constant growth, where Free Market capitalism does not require such continual upward tragectory. There is nothing in the universe that says the govt must spend anything or stimulate anything, except the people who want to bypass the market and get cash directly from the tax coffers. And the 2% bench mark is less than 100 years old. And 150 years ago we still believed in the Labour Theory if Value. All horse shit. Keynesianism, Neo Keynesianism, and MMT all need to die off. Markets are about the choices of the people, not equations, graphs and "balancing".
@Ryanowning
@Ryanowning Год назад
@@razzberry1262 Other way around. 2% inflation is a gentle nod to spend money instead of hoarding it. As for equations, graphs, and balancing being not as great as the mighty, if extraordinarily retarded, people I need only refer to how inexplicably stupid our species is to rebuke you. We require those equations, graphs, and balances to prevent collapse. There is literally no other way because our species is ridiculously stupid.
@roughhabit6496
@roughhabit6496 Год назад
@ Razzberry I agree with you wholeheartedly but I think Keynes gets a bad rap. He did after all say that debt should be repaid in good times and that profiteering was the result of inflation and not the cause.
@anthonygiambattista6922
@anthonygiambattista6922 Год назад
I have tried to make this point to so many people and it usually falls on deaf ears. I, in my lifetime, have watched the monetary system be slowly but certainly debased. And look at where we are today. Sad thing is, it is only to get worse.
@jimb3093
@jimb3093 Год назад
I have a question. If one has stocks, mutual funds and cash. Any recommendations as to where to transfer it to? Some say silver, gold and real estate. I’m military retired, 50 years old. And invested in the stock market, mutual funds and opened a Roth IRA at age 20. I have been systematically investing ever since. I get great dividends now and have a nice pension. And at age 59 1/2 and I can draw off the Roth. And who knows if social security with be there. I’m thinking I’ll keep my mutual funds and Roth but the stocks are a concern. I was thinking selling them off, then again perhaps hold them for the long haul? Who the heck knows haha! It’s truly a mess we are in and eventually it will all collapse. Divorce rates, moral decline, broken families, greed, corruption, etc etc, the list goes on. We simply can’t go on……and just like Rome….we will collapse. Anyway, I’m Jim in Ohio near Cleveland. I hope this finds you well and safe. What ever will be will be. Twenty three years I did in the Army….I will survive.
@roughhabit6496
@roughhabit6496 Год назад
Lenin once said that the best way to bring down Capitalism was to debauch the currency.
@limb.dondototohasstartedso7288
20's feel like an end of era more and more everyday
@kierj9858
@kierj9858 Год назад
What? Do you mean 2000's??
@587583922
@587583922 Год назад
And it hasn’t been 3 years since the best economic numbers in decades.
@malicant123
@malicant123 Год назад
@@omniloser He means the 2020s, I would say.
@limb.dondototohasstartedso7288
@@malicant123 yeah
@gonzowarburn7045
@gonzowarburn7045 Год назад
Must be younger. 2008, that was the start of the government bailouts, hyper panic. There have always been leaks, but that's when the pipes burst, the next 12 years the basement was flooding, now (2020s) the water level is rising up to the main floor, where most people are. We like to think this whole Rooskie/Ukrop situation started this year, but those two have been going back and forth in a big way since 2014.
@TxRedMan
@TxRedMan Год назад
“Good luck everybody else!” -The Fed
@stonehartfloydfan
@stonehartfloydfan Год назад
“A great civilisation is not conquered from without until it has destroyed itself from within.” ~ Will Durant
@vee985
@vee985 Год назад
"The only thing we learn from history, is that we don't learn from history."
@Captainkirk88410
@Captainkirk88410 Год назад
Very true . Joe blow is too worried about what team won the football game and drinking his beer.
@lorianne5330
@lorianne5330 Год назад
You got that right.
@michaelbouillon1241
@michaelbouillon1241 Год назад
- Sir John Globb
@neo_aliaga
@neo_aliaga Год назад
@@Captainkirk88410 Yep lmao
@neo_aliaga
@neo_aliaga Год назад
The human race makes the same mistakes all over again. We never learn, do we? 🤦🏻‍♂
@INSANESUICIDE
@INSANESUICIDE Год назад
The difference between the mafia and a politician is that you get something in return for the protection racket, with the politician you will constantly be robbed of more and more until you have nothing left. The robber baron might have his urges satiated the politician will not.
@debraallen63
@debraallen63 Год назад
Politics Poly = Many (lots, abundance) Ticks = are blood sucking parasites.... So Politics is FULL of Blood Sucking Parasites. This is why I don't Vote.
@christinarichie6171
@christinarichie6171 Год назад
Political theatre they hold zero power. Following a script. What happened to those robber barons they just disappeared or were satiated 🤣
@debraallen63
@debraallen63 Год назад
@@christinarichie6171 Yes, actWhores for Satan following the script 👍
@julian_hesse
@julian_hesse Год назад
A robber baron satisfied that’s new to me 😄
@kevinbeck8836
@kevinbeck8836 Год назад
the Mafia is not robber barons, and extortion by the Mafia doesnt stop either
@brett4264
@brett4264 Год назад
Everyone should be required to watch this video. Well done!
@gilgamesh.....
@gilgamesh..... Год назад
Like it would matter.
@alrinaleroux9229
@alrinaleroux9229 Год назад
@@gilgamesh..... You think so? Ever heard of Svali?
@alrinaleroux9229
@alrinaleroux9229 Год назад
@@internetconnection9290 Perhaps it was a significant factor? It might very well have been. In our case also, inflation is not the sole factor, but it will probably have a significant impact.
@gilgamesh.....
@gilgamesh..... Год назад
@@alrinaleroux9229 Of course and if you think different, you're wrong. The masses are stupid, hedonistic and lazy. They're auto-follower sheep. They get their news from daddy government when they aren't in their wage cage or watching some useless sportsball. Show most people anything actually useful or intelligent and they'll at the most say someone else needs to get on to that, but will change nothing about themselves.
@MichaelSHartman
@MichaelSHartman Год назад
@@internetconnection9290 There is an abundance of conjectures on the fall of ancient Rome, including the volcanic eruption of 536 AD. I am not disagreeing with so much as that many things stem from money. Soldiers, and law enforcement pay is one. You did difficulty in these areas I wonder what they will say about the United States in 1,500 years. Probably, don't know, and don't care.
@kenrudd6362
@kenrudd6362 Год назад
the"money" we use as it stands is nothing more than the chains around our mind keeping us obedient it's so devious it's almost admirable in its cruelty
@louisairvin3052
@louisairvin3052 Год назад
Inflation today is caused by corporate greed, not just supply chain issues. Corporations are recording record profits, so we know that the money being raised by the higher prices isn’t being passed on down the supply chain. The money raised by higher prices is stopping at the corporations and going into their pocket. That’s how we know it’s not supply related inflation. It's a good time to take a beat up 401k and do a Roth Conversion if your stocks are really beaten down. Then you'll only pay taxes on the much lower current prices, and your Roth will be tax free.
@blaquopaque
@blaquopaque Год назад
Precisely! Our main focus at the moment should be strategies to manipulate our current situation, many people are making millions from this down market, but information like this doesn't make the news.
@louisairvin3052
@louisairvin3052 Год назад
@Stanley Edwin The uncertainties that come with this current market are yet another reason why my daily investment decisions are guided by an investment advisor, as their entire skill set is built around being long and short at the same time, using to both a profit-driven strategy and removing risk as a hedge against the inevitable downtrends, coupled with proprietary insights/analysis, it is utterly impossible not to outperform. Brought in over $1.5 million in ROI, since using an investment advisor for about 2 years.
@louisairvin3052
@louisairvin3052 Год назад
My advisor is "THERESA MARY CHAMBLEE". In terms of portfolio diversity, she's a genius. You can glance her name up on the internet and verify her yourself. she has years of financial market experience.
@markperrin8098
@markperrin8098 Год назад
Obviously some idiots around here don't know what the producer price index is...
@Ryanowning
@Ryanowning Год назад
Most corporations record record LOSSES during inflation. Just look at corporations right now as an example, but you won't because holy fuck you guys dumb.
@jesusguerrero8786
@jesusguerrero8786 Год назад
I appreciate that you went with the correct definition of inflation. Higher prices are evidence of inflation.
@junglejarred6366
@junglejarred6366 Год назад
The importance of this can not be over stated. They are telling the people that the effects of inflation are inflation which can be solved by, inflation. It's madness. But the mindless herd animals believe it
@Eodbatman
@Eodbatman Год назад
I have been telling my economist brethren for years that unending inflation will be our undoing... No one listens.
@Desmondbrown73
@Desmondbrown73 Год назад
Enslaved they are mentally, just like my doctor and just like my lawyer…
@97JG
@97JG Год назад
If ever a video that needed to be seen to understand current times… this is the one. Thanks for sharing
@exodus146
@exodus146 Год назад
I really like how you structured everything. Well spoken and stayed on the subject. Thank you for the upload.
@Bhodisatvas
@Bhodisatvas Год назад
The cost of items I buy in the store has increased by 10% in recent months.
@markmurex6559
@markmurex6559 Год назад
You're lucky then.
@PolishBehemoth
@PolishBehemoth Год назад
10 percent? more like 50 % in some areas
@umiluv
@umiluv Год назад
We spent almost $20 on 36 eggs today. It’s insane. I have to buy chickens…
@jasonsellers56
@jasonsellers56 Год назад
Excellent video! Thank you for making it! The explanation starting at 4:02 is also known as *the Cantillon Effect.* It's a crime that more people don't know about it.
@notnotandrew
@notnotandrew Год назад
Picture in the vid @ 4:04 kinda sus
@animula6908
@animula6908 Год назад
Thank you. Glad to know the term.
@anonymousperson4943
@anonymousperson4943 Год назад
Thanks bruv...
@OnceTheyNamedMeiWasnt
@OnceTheyNamedMeiWasnt Год назад
I sometimes suffer from the Cantillon Effect in my left buttock. It's worst in the cold.
@mtn1793
@mtn1793 Год назад
It explains a lot about how corrupt our society really has become. All Lies and Greed!
@riversbluesyheart
@riversbluesyheart Год назад
Thank you very much for creating this content! I really appreciate and find it motivating whenever I see one of your videos. I adore how you combine words and images.
@danielwatcherofthelord1823
@danielwatcherofthelord1823 Год назад
Your videos are always so enlightened. Thank you for your work.
@thestellarator815
@thestellarator815 Год назад
Most alarming are people in modern times calling for the very societal and economic policies that shepherded or exasperated the downfall of ancient societies (which your last video very eloquently presented).
@taryn2736
@taryn2736 Год назад
People have been brainwashed and agitated into demanding exactly what the would-be technocrats want.
@wood_stone_iron
@wood_stone_iron Год назад
I guess people don't like to read history.
@trustwithin7188
@trustwithin7188 Год назад
Corruption and greed are usually behind it all
@mattolivier1835
@mattolivier1835 Год назад
Naw, just statism.
@gagahusband
@gagahusband Год назад
Naw it den darr dare say Satan he done gon deprive and deciet us all but dey Jesus gon sav us all if ye just bliev
@mattolivier1835
@mattolivier1835 Год назад
@@gagahusband Yeah, keep hitting that crack pipe.
@ffarshad77
@ffarshad77 Год назад
I've been following your videos for years and this is incredibly valuable that you pivot your talent past philosophy and into something that affects our daily lives in such a tremendous and crucial way thank you again thank you so much keep up the good work.
@ilikemaline
@ilikemaline Год назад
What a time to be alive.
@wood_stone_iron
@wood_stone_iron Год назад
at least you'll be able to tell your grandkids about it one day. Hopefully, you won't be calling it the "good old days" 🥶
@mikesteelheart
@mikesteelheart Год назад
@@wood_stone_iron LOL it takes a lot more favorable economic circumstances to bring kids and grandkids into the world...
@wood_stone_iron
@wood_stone_iron Год назад
@@mikesteelheart I wouldn't let fear prevent life
@sherpashane1240
@sherpashane1240 Год назад
I agree, and as much as it sucks, its frustrating, we are living in a massive piece of history. Not just for America, but globally. The red wave is picking up momentum and sweeping across continents. People want to live their lives, feel safe, educated correctly, be normal. Not be controlled by elites who have no care or concern for you. If the democrats retain power after the midterms you can bet It was rigged. I will be heading to a tropical island in Central America where food is fresh, and people believe family is more important than work or money.
@ilikemaline
@ilikemaline Год назад
@@wood_stone_iron yeah, I am not having kids. I don't think you realise with how much existential (and justified) dread kids are growing up today.
@kennashley953
@kennashley953 Год назад
They are doing exactly what they want to do,and are very happy about it
@bushy9780
@bushy9780 Год назад
we will own nothing and be happy. Praise Ford!
@valerierogers9609
@valerierogers9609 Год назад
Elite want collapse, control, restructure; our suffering, their gain. They've robbed rest of the wealth out of fiat paper currency system. People are largely unaware: still buying, still accumulating debt buying $$$ vehicles, going on holiday, mortgaging themselves to death so they can have a roof.
@alrinaleroux9229
@alrinaleroux9229 Год назад
But they won't escape damage. They own much property, and in the coming apocalypse they will also lose much. And in the end their dream of domination won't last. It's all for nothing. As the prophet John wrote in the Book of Revelation (chapter 6 verses 14-17): "The sky was split apart like a scroll when it is rolled up, and every mountain and island were moved out of their places. Then the kings of the earth and the great men and the commanders and the rich and the strong and every slave and free man hid themselves in the caves and among the rocks of the mountains; and they said to the mountains and to the rocks, “Fall on us and hide us from the presence of Him who sits on the throne, and from the wrath of the Lamb; for the great day of their wrath has come, and who is able to stand?”
@wood_stone_iron
@wood_stone_iron Год назад
@@alrinaleroux9229 He is the same God as in the OT. He always delivers His people from tyrants...
@alrinaleroux9229
@alrinaleroux9229 Год назад
@@wood_stone_iron True.
@contrarian8870
@contrarian8870 Год назад
"All resemblance to living persons or current events is purely coincidental"
@joeschmo9953
@joeschmo9953 Год назад
Hahahaha
@mikespilligan7840
@mikespilligan7840 Год назад
I can't begin to tell you how good this video was. To analyse the past is a crystal ball into the future. We are all still human with the same drives wants and foibles so we react the same to the same stimuli. Thanks for all this work taken to produce this.
@mook2478
@mook2478 Год назад
Damn. Perhaps one of the most timely and relevant posts today considering what's happening these days. Should be required viewing with a quiz at the end to determine who understands.
@ClassicJukeboxBand
@ClassicJukeboxBand Год назад
What most people don't understand is that our money system, all money is created as debt. Most all money is created as interest bearing debt by private banks, who own the money supply. The real problem is that since all money is created with interest owed on it, the only way you can pay off the interest is to create more money at interest, and the debt just goes up. We need to get rid of debt based money, central banks and fractional reserve banking. Private banks, and central banks, which ARE private banks create our money supply, and charge us and everybody else to use the money supply that the banks own. This is why most all nations have national debts, but no national surpluses. Nations owe their national debts to mainly the banking system. We need to create money interest free, and only make as much as we need to keep prices stable, but this will never happen as long as evil people exist, which is never.
@47nrubreddew
@47nrubreddew Год назад
😩😩😩😩Things never change.
@MisterGames
@MisterGames Год назад
As long as we have compound interest attached to debt, which can be gotten into by showing your income which is someone elses debt spent into the system, there is only one possible end... Financial wipe out and the creation of a new currency with new value to start again. Hiding from the plebs that it is the debt backed by debt system with interest attached that is the problem. We can only kick the can down the road so far. Tell people this and if they thusly stop borrowing the collapse is hastened. Those who run the system from the top know this but cannot tell the plebs. We are in a giant ponzi scheme and we all know they have but one possible end.
@earlthepearl4161
@earlthepearl4161 Год назад
Truth
@ClassicJukeboxBand
@ClassicJukeboxBand Год назад
@@MisterGames Exactly!
@tolgabozkurt460
@tolgabozkurt460 Год назад
one solution , revolution !
@nearerprefect761
@nearerprefect761 Год назад
I think if we just printed more money we could finally solve this inflation problem.
@chrismay2298
@chrismay2298 Год назад
It's not a problem. It's a feature for the ones who pull off the scam.
@Leo-mr1qz
@Leo-mr1qz Год назад
I am assuming you're trying to be facetious, because printing more money is the CAUSE of inflation.
@terryboyer1342
@terryboyer1342 Год назад
NEARER PREFECT I know! Easy right? 🤣
@ClassicJukeboxBand
@ClassicJukeboxBand Год назад
Actually, even though your comment is a joke, there is truth to what you say. The government could actually solve the problem by printing money. It has done this before. Our government could hypothetically create interest free money, and pay off the national debt, true fact. Both Andrew Jackson and Abraham Lincoln actually did create US government based, debt free money and paid down the national debt. We could in reality pay off the national debt with quarters too. US mint coins are debt free money.
@inverted_real_it_y
@inverted_real_it_y Год назад
I think some people here fail to see your joke. 😂
@johnzeuli5827
@johnzeuli5827 Год назад
Clear, concise articulation of a subject those in power want to obscure. Thank you!
@Ryanowning
@Ryanowning Год назад
Definitely not. This video reeks of ignorance and total lack of education into economics. 2% inflation is the best possible rate of inflation an economy can have. We're currently over because of fuck-ups and the retirement of the baby boomers. The US has been in this sort of situation MANY times and has always recovered back to that idyllic 2% inflation.
@Dark89Avenger
@Dark89Avenger Год назад
This is truly incredible, one of a kind content. Great job !
@Alejandracamacho357
@Alejandracamacho357 Год назад
Now with the recent economy, To get financial FREEDOM you have to be Making Money while you're asleep
@Robertgriffinne
@Robertgriffinne Год назад
People prefer to spend money on liabilities,Rather than investing in assets and be very profitable.
@instinctively_awesome8283
@instinctively_awesome8283 Год назад
You're so correct! Save, invest and spend for necessities and a few luxuries relatives to on's total assets ratio.
@marianparker7502
@marianparker7502 Год назад
Inflation is producing a slew of problems throughout the world, including food shortages, diesel and heating fuel shortages, and housing prices and financial market crash. It's all coming together, and by the end of the year, it may be a complete disaster.
@PhilipMurray251
@PhilipMurray251 Год назад
This global collapse might end up being a part of us for a very long time and due to that fact any money you keep in cash or in a low-interest account declines in value each year. unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire. Personally I hired ‘’Stephanie Priscilla Bonillo’’ a financial advisor who I copy her trades and with a good 10%-15% in ROI monthly.
@wiebeplatt4749
@wiebeplatt4749 Год назад
@@PhilipMurray251 The crazy part is that advisors are probably outperforming the market and raising good returns. I will give this a look up, lucky i stumbled on this thread.
@Truthloveliberty
@Truthloveliberty Год назад
“This is the story of the private cartel of banks known as the federal reserve and the us- i mean rome”
@debraallen63
@debraallen63 Год назад
Washington DC (formerly known as Rome Mary-Land) is Owned by the Jesuitical Roman Catholic Papacy AKA the Synagogue of Satan......the Pope came here and kissed (accepted the gift and consecrated) American soil. It's a City/State of the Vatican. Not part of the "Country" of America and it's "Laws" are only Enforceable' in the 10 square miles of DC.
@jamespeters2859
@jamespeters2859 Год назад
That was fascinating! Superbly educational.
@lencumbow
@lencumbow Год назад
One of your best. In any case, one of your most needed.
@ayetreyyy
@ayetreyyy Год назад
BRAVO!! I'm a long-time follower of your work, and also an avid student of economics. I am SO elated to see an economics-related video here, at that about the evils of inflation! BRAVO!
@wood_stone_iron
@wood_stone_iron Год назад
Yea, verily.
@jpscsa
@jpscsa Год назад
Alternative title: Plebs hate when Emperors do THIS simple trick.
@magnuskallas
@magnuskallas Год назад
One could even call it a HACK.
@PolishBehemoth
@PolishBehemoth Год назад
No. That would be a horribly stupid and unnecessary title.
@magnuskallas
@magnuskallas Год назад
@@PolishBehemoth I hope you didn't think OP really meant it...
@PolishBehemoth
@PolishBehemoth Год назад
@@magnuskallas hmmm i see...
@YoungEagle444
@YoungEagle444 Год назад
I appreciate your channel and always look forward to your content. Keep up the good job 👍🏽
@jwbnscacpt
@jwbnscacpt Год назад
I can’t put into words how much I hate our government and the IRS. The only headaches I have are derived by them.
@SteviePaints
@SteviePaints Год назад
Agree. They are totally responsible for our current situation.
@OsiasArt
@OsiasArt Год назад
Topical and timely. Thank you.
@joeschmo9953
@joeschmo9953 Год назад
Timely would have been 14 years ago before the massive quantitative easing by the US Federal Reserve. But prior to the total meltdown of various world currencies is pretty timely too I suppose.
@wildernessshouter
@wildernessshouter Год назад
Excellent video! Thank you.
@Justforfun-ek7et
@Justforfun-ek7et Год назад
Thank you so much for all your hard work for these important and educational videos.
@W1NGXER0
@W1NGXER0 Год назад
Long time sub. The algorithm has unsubbed me so many times it's pathetic. But, I always check back periodically to make sure I haven't missed any new posts. Keep up the very engaging and insightful work.
@jameslewan7026
@jameslewan7026 Год назад
You Tube should be Un-algorithmed!
@W1NGXER0
@W1NGXER0 Год назад
But then I would no longer be able to call it (you do what we tell) RU-vid.
@magnuskallas
@magnuskallas Год назад
It's a bit off-topic, but since you mentioned it - I too have noticed the algorithm having some temper-tantrums :) What's scary is that it's absolutely capable of making or breaking a channel, even making you forget a channel to the point of "oh I remember liking this months ago!"
@tommasosvalduz5226
@tommasosvalduz5226 Год назад
This is something that's so simple yet so hard to realize: economic activity has little to do with money; rather, money is what emerges when economical activity takes place. It can niether be its end nor its cause. Money is just the medium for economic activity.
@davidc.9933
@davidc.9933 Год назад
Value is what is created when people create. Money has nothing to dobwith that and you should read a basic book on economics.
@jostafro4967
@jostafro4967 Год назад
I love this channel. It's been a while, but I'm glad to be back
@adenmall7596
@adenmall7596 Год назад
Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $117k stocck portfolio, what’s the best way to take advantage of this bear market?
@anniezeng4587
@anniezeng4587 Год назад
While there’s more pain to come, investors should look for stocks like Royal Philips NV and Alstom SA that have been beaten down enough that they’re a bargain or get a good portflio manager.
@selenajack2036
@selenajack2036 Год назад
agree, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k
@evitasmith6218
@evitasmith6218 Год назад
@@selenajack2036 I’m new to all this, heard it's a good time to buy and basically I've just got cash sitting duck in the bank and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up
@selenajack2036
@selenajack2036 Год назад
@@evitasmith6218 Having a coach is key in a volatile market, My advisor is “LUCY HOLDEN COYLE” You can easily look her up, she has years of financial market experience.
@kaylawood9053
@kaylawood9053 Год назад
could really use the recommendation, I've been losing a shit-ton lately, I looked up Lucy Holden Coyle and I wrote her detailing my Fin-market goals,.
@magicjoker7491
@magicjoker7491 Год назад
"What has the government done to our money?" is the best single book you can read to understand this better.
@jameslewan7026
@jameslewan7026 Год назад
Thank you for that advice! Sounds like a necessary read!
@highwayranger4878
@highwayranger4878 Год назад
Oh, the cognitive dissonance in the name of that book. The government and our money are lost with me because I know it's not my money it's government money.
@quantumfrost9467
@quantumfrost9467 Год назад
@@highwayranger4878 they didn't earn the money, stop trying to make a pseudo-intellectual argument to someone saying 'our money' when referring to the money they/we are forced to give to the government
@highwayranger4878
@highwayranger4878 Год назад
@@quantumfrost9467 you think I'm doing something? The name of the book is for sheeple that are living in cognitive dissonance everyday. Hope you find your way out of it someday.
@bushy9780
@bushy9780 Год назад
Taxation is theft.
@Fresh-qc3zn
@Fresh-qc3zn Год назад
Is the inflation not planned to bring about the intentional collapse to usher in the new system with further Government control?......if not then Governments will face the consequences of societal collapse just as the average man will.
@patrickodea6500
@patrickodea6500 Год назад
Isn't it odd that our governments continue to do this, knowing where it leads, and we are all just powerless to do anything about it.
@whiteyfisk9769
@whiteyfisk9769 Год назад
We arent powerless to do anything, we actually have all the power. Without their slaves, they are nothing. But we are too cowardly to do the dirty work that must be done, so we vote for whoever we have deluded ourselves into believing will actually literally do anything...but they never do. Our founders knew there was only one way out of tyranny
@patrickodea6500
@patrickodea6500 Год назад
@@whiteyfisk9769 The money is too powerful unless like literally everyone stands up at the same time.
@whiteyfisk9769
@whiteyfisk9769 Год назад
@@patrickodea6500 hence why they are unceasing in their attempts to divide us and keep us distracted. We dont even need everyone, we just need 10% of the adult population.
@davidc.9933
@davidc.9933 Год назад
Not odd at all. Fits the pattern. Reject centralized authority
@venicec3310
@venicec3310 Год назад
People don’t care as long as they get paid
@vickisanders7368
@vickisanders7368 Год назад
Thank you. Very informative in an entertaining presentation.
@trustwithin7188
@trustwithin7188 Год назад
Money does not grow on trees...but they do print it out of thin air!!
@Leo-mr1qz
@Leo-mr1qz Год назад
The banks are increasing credit at this point because families are trying to keep their heads above water. I go to Costco every other week, because I have a family of 5 to feed, and with buying the same exact things each time there it goes up at 20% every.single.time. It's becoming unbearable. 😫
@Kryynism
@Kryynism Год назад
Grow food.
@debraallen63
@debraallen63 Год назад
Learn to grow food and teach your children too or you'll all starve to Death in the coming food shortages. Ice age farmer.
@Leo-mr1qz
@Leo-mr1qz Год назад
@@debraallen63 Yes, I do need to plant a garden.
@markmurex6559
@markmurex6559 Год назад
"Come on man! It's only like 8.1%" -Joe Biden
@Leo-mr1qz
@Leo-mr1qz Год назад
@@markmurex6559 🤣
@waylaidsavant
@waylaidsavant Год назад
Poignant piece. Thank you
@bertrandprenat
@bertrandprenat Год назад
Brilliant content, as usual!
@2Hesiod
@2Hesiod Год назад
In the twentieth century, there were numerous hyperinflations in various counties, such as Germany in 1923, France in the 1950s, and South American countries.
@taryn2736
@taryn2736 Год назад
All deliberately caused by the 👃 Talmudic central controllers.
@davidc.9933
@davidc.9933 Год назад
And, what happened the last time it was the world's reserve currency?
@2Hesiod
@2Hesiod Год назад
@@davidc.9933 Presumably, you mean what would happen if the world's reserve currency hyperinflated? It will hyperinflate if the dollar ceases to serve as the reserve currency.
@davidc.9933
@davidc.9933 Год назад
@@2Hesiod you mean the petrodollar? That's already happening.
@2Hesiod
@2Hesiod Год назад
@@davidc.9933 I don't really think so. If the Saudis made that deal with China, they probably would regret it now as the Yen declined.
@ns3616
@ns3616 Год назад
Ludwig Von Mises, Friedrich Von Hayek, Milton Friedman, all legendary figures that spoke out about this.
@jameslewan7026
@jameslewan7026 Год назад
And we did not listen apparently
@mikebane2866
@mikebane2866 Год назад
Weird because they literally are the philosophical foundation of the dominant economic philosophy of neoliberalism which has been our our economic system for the past 40 years.
@sneeringimperialist6667
@sneeringimperialist6667 Год назад
The worst part of inflation is that those who owe large sums of money now owe less real value than those who wisely saved their money. Leading to wealth distribution that favors non productive members of society.
@dollydiddums7889
@dollydiddums7889 Год назад
As always, well explained . It's sad that the only ones viewing this are the ones who already know 🤔 Excellent presentation 👍
@henrychinaski716
@henrychinaski716 Год назад
What a presentation, sir! This kind of video, despite its rather depressing subject, I can watch every day. Can't wait to see more of your work. Thank you!
@stiinkbug5827
@stiinkbug5827 Год назад
Bitcoin is immune to inflation and untraceable..... time to switch over
@ghoxxalla
@ghoxxalla Год назад
Politicians and their consequences have been a disaster for the human race.
@michaelb4546
@michaelb4546 Год назад
Scary to know this is where we are heading. The only issue is we are doing it a a faster rate due to the technological innovation of our money.
@Ryanowning
@Ryanowning Год назад
Not really. America has been in this state of inflation several times already and managed to cut inflation down to 2% which is the golden standard for economies. Other than that, this video is a diatribe to total ignorance for economics.
@michaelb4546
@michaelb4546 Год назад
@@Ryanowning I obviously hope we avoid this fate. But I see little tolerance of pain in our current environment. We shall see
@Ryanowning
@Ryanowning Год назад
@@michaelb4546 Bitching about current circumstances and moaning about the end of the world just because the economy is hiccupping is the most American tradition we have. Just read old writings on the economy and relax; this has happened around ten to fifteen times in our history depending on your criteria.
@user-pc7ef5sb6x
@user-pc7ef5sb6x Год назад
@@Ryanowning yet they continue to print more money. CPI rising every month to no end. increasing interest rates are not guaranteed to stop inflation.
@Ryanowning
@Ryanowning Год назад
@@user-pc7ef5sb6x The rising CPI can't tell you whether the Fed is printing money or not. All it can tell you is that the number of goods per dollar is dropping; it just so happens that the baby boomers world wide are retiring, liquidating their assets, and leaving unfillable labor positions in their wake.
@blahblahoink
@blahblahoink Год назад
Great as usual. Thanks.
@NorthernKurtis
@NorthernKurtis Год назад
Fantastic work by academy of ideas 💡 As always 👏
@CopyWhoTV
@CopyWhoTV Год назад
Wisdom and parallels that cannot be denied. Excellent video, as always.
@anthonykerr2806
@anthonykerr2806 Год назад
Very well put together. The Zeitgeist Movement opened me to this train of thought. Our values don't highlight sustainability, nature in general, or working together with the street, town, state, country or so on over given the amount of population in monetary inequality. We tend to not see how we divide one another through the known human differences let alone how nationalism and/or religion (despite promoting "good") actually promote a divide. The money inequality exacerbates the biases and violence that are present....cascading....and somehow people don't realize how little time they have as a result of systematic money inequality. To hear a notion that a century ago technicians and scientists alike were thinking by the 1950's we could easily lessen the general public's avg. work week to 20 hours.....this throws people off as to how that could make sense. But it totally makes sense. Technology and automation have already and continue to make it so people don't have to work as much....money and cut throat business ethics (that actually promote everyone to be more psychopathic....not just CEO's) have slowed down this process known as ephemeralization.
@djkiddrocks1241
@djkiddrocks1241 Год назад
Some of, if not the best content on RU-vid. Valuable concise, and easy to understand information that people need to be aware of. If we are to try and fix, or make realistic changes to our society foe the better, we need to understand the basics and underlying truths about how a society functions. I'm a believer that if enough people wake up to the fact that our enemy is not each other, but in fact those that wish to control divide, and enslave us we can go Bug's life on these grasshoppers!
@aimhigh3701
@aimhigh3701 Год назад
It all comes down to people who aren’t prepared to make sacrifices. The solution to inflation is very hard times... but of course no one wants hard times... they just want the illusion of prosperity to continue for as long as possible...
@suzanneway724
@suzanneway724 Год назад
Not hard times for the wealthy
@xA18kND1x
@xA18kND1x Год назад
Dumb af
@cactusray3368
@cactusray3368 Год назад
Bread and circuses for all.
@whiteyfisk9769
@whiteyfisk9769 Год назад
Yes...the working poor not wanting to sacrifice are the ones to blame as always. Youre a deluded fool.
@aimhigh3701
@aimhigh3701 Год назад
@@whiteyfisk9769 I was actually referring to the wealthy.
@matthewgilfus1640
@matthewgilfus1640 Год назад
Those who do not study history are doomed to repeat it. Those who DO study history are condemned to sit idly by while history repeats.
@GSD-
@GSD- Год назад
Excellent and accurate Misesian analysis of inflation. Videos like this are few and far between on RU-vid.
@GeorgWilde
@GeorgWilde Год назад
State predation, that's the correct term for fiat inflation and taxation. By the way, the real purposse of taxes today is to forcibly keep up criculation of the currency in the economy. It basically says that certain percentage of every transaction has to be converted into fiat (if it is not already in fiat) and then transferred to the states account. And as state is the ultimate decision maker, they can decide on conversion rate whenever you would deal in other currency. Everyone is also forced to have accounting done in fiat for the state employees to audit.
@TheA8lee
@TheA8lee Год назад
Another highly insightful video.
@stevenrichardson4659
@stevenrichardson4659 Год назад
This is precisely why the new global digital currency will be introduced soon imo.This currency will be so manipulated by the creators,that what you say or do or type or are filmed doing,will determine how you live,and your access to this currency.
@whiteyfisk9769
@whiteyfisk9769 Год назад
And the only way to make sure almost everyone accepts that central banking digital coin, they have to make paper fiat currency completely worthless.
@GodEmperorOfDune747
@GodEmperorOfDune747 Год назад
And why aren't Americans doing something to stop this from happening? Apathy, fear, and cowardice.
@alrinaleroux9229
@alrinaleroux9229 Год назад
Fascinating. Thank you for your good work, I intend to share this!
@aslkdjfzxcv9779
@aslkdjfzxcv9779 Год назад
excellent. cant wait for the end.
@allanmoorhead6546
@allanmoorhead6546 Год назад
This is a great introduction to the origin and working of inflation and it's destructive effects.
@Exposetheluciferianagenda
@Exposetheluciferianagenda Год назад
I’m so grateful for these videos.
@andrewthompson5242
@andrewthompson5242 Год назад
It's a form of abuse when someone steals from you and convinces you it's for your own good, or the good of society, and that there's something wrong with you for having a problem with it.
@triconcert
@triconcert 10 месяцев назад
I learn something new everyday with your podcast. Food for thought
@sundaywhiterabbit7679
@sundaywhiterabbit7679 Год назад
This is the best content on RU-vid. ❤️For all the hard work. Thank you!
@DiscipleOfHeavyMeta1
@DiscipleOfHeavyMeta1 Год назад
This Winter is gonna be a bad one, mark my words, ladies and gentlemen.
@thatguy-kv8re
@thatguy-kv8re Год назад
Next one will be worse
@GeorgesSegundo
@GeorgesSegundo Год назад
What a great video brother, this is pure gold, and helps to prepare and profit from future calamity. Thank you so much.
@jojoorelse550
@jojoorelse550 Год назад
Excellent video.
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