Inflation: Last Week Tonight with John Oliver (HBO) 

I would get money management just in case. You’re only 55. I think the average life execting in the US is 77.5 years, but many people live well into their 80s so that $1 million has to last you all of that and the unforeseen. $1m is a great start though. Good for you!

I’m quite lucky exposed to personal finance at early age, started job 19, purchased first home 28. Going forward, got laid-off at 36 just after covid-outbreak, and at once hired an advisor with grit to help stay afloat. As of today, my portfolio has yielded over 300%, summing up $836k. Stay motivated friends

this is huge! your advsor must be grade A, mind sharing more info pleas? in dire need of proper asset allocation

Can't divulge much, I delegate my excesses to someone of great expertise ''Jennifer Leigh Hickman'' preferably you can look her up on the web, her qualifications speak for itself.

*Jennifer Leigh Hickman* She's been able to gain some reputation with over a decade of experience, so it shouldn't be a hassle to find basic information on the web.

He bought all 3

Second I heard about the frog I was like "he's gonna buy it .. no.. wait ... He's buying all three!"

45 seconds in and I know there will be furry content

that's all too obvious for anyone who watches the show

He'd be mad not to. It's a collectable!

Oh man 😂😂😂

@@banhammer3904 Whereabouts are you? Next of kin are usually not on the hook for debts of the deceased, at least in Canada. Unless collection agencies can lie and pressure them into taking them on.

If anyone retirement plan can handle $150/month increase of expenditure, the plan never went through stress test. It’s called poor planning. She needs to hire a better financial advisor.

​@@freedomlife3623dude, some people are just poor. And sone choose to retire early due to health issues. Alot of the honeless people in the us fall into that category, because the us just haven't figured out something called empathy yet.

This has gotten funnier and more prescient lately. 😂 👍🏾

we shouldn't act on every forecast. It is best you speak with a market expert before making any investment decisions.

You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.

Hello thanks for your response, I'm curious to give this a try. Please who is your advisor and how do I get in touch?

Well, I chose Amber Dawn Brummit as my advisor after her interview on CNBC In 2020. She is SEC regulated with offices in the US and quite frankly a genius with portfolio diversification.

I just found her webpage and read through her educational background and qualifications, which were all very impressive. So I scheduled a call with her.

"Honey, why can't you go back to being an accountant? I know covid made you rethink your life, but making frog statues? Who on Earth is going to buy that? Food prices are soaring and we need money!" Yeah. Who's laughing now, spouse of unspecified gender? Not you, that's for sure.

Well, yes he was able to sell the statues for a good price. But if the frog-statue-demand increases, John is the real winner - he could charge outrageous prices. "You want a statue? I have a thousend people on the list. Highest offer so far S 1 Mio…"

@@vituperation Spouse of unspecified gender 😭

Hooray for John Oliver! Americans now know more about giant frog statues than they do about America legalizing "Marihuana" to stop the Holocaust. Another brilliant episode from this award-winning shitshow. Watch the 1942 USDA video *Hemp for Victory* because it was hidden from your parents and grandparents so that all of you could be brainwashed with drug war lies and propaganda.

@UCWPhreFgsrndTOaWJYA3O7w Oh, my condolences!

Every Furniture store...forever: Going out of business sale! Since 1984.... ***insert tacky jingle***

And, depending on the item, it could be a number of errors that aren’t to create a false sense of urgency. If a truck never got delivered to the store, if the item is floating around not being purchased, if an item is stolen, if an item is returned it will take some time for the system to update, the system just getting the wrong number from whoever sends the product. I can tell you refrigerated or frozen food was especially bad where I worked because the coolers were so filled with product we couldn’t get to the back, having to cancel that part of someone’s order. So we did have those mozzarella sticks, but because we canceled them being unable to reach the area, the system assumed we were out and that 6 turns to 0 inaccurately. All of these problems I’ve listed, I have personally dealt with. I’m sure you’re right, but it can be more than just trying to induce FOMO.

Every day I learn something new. And often more dystopian.

That specific site actually now displays the giant and large statues as out of stock and back in stock in exactly one year. So not sure that was actually fake.

@@isuperninja8926 It is really hard to tell these days. Prior to the 2020-2021 supply chain disruptions,, I saw these all the time and just assumed more would be available in a week or two because of just-in-time supply chains. However, small businesses and Etsy-type retailers really do tend to have limited supplies and are much more vulnerable to disruptions. Maybe it's the cynic in me, but I think the more prominently they advertise that, the less likely it is to be an impending shortage.

🏛💺💀😷

My favorite was the statue in the garden, it looked like it belonged!

When were the studies published?

@@waldothewalrus294 Corporations and businesses punishing us for the pandemic.

The entire frog analogy was about price gouging

@@NateMims No, it was discussing Prices soley on Supply and Demand, not on Price Gouging, which is Companies raising prices regardless of supply or demand.

But it also illustrated how companies are allowed to gouge...if not for a false demand, they wouldn't be able to inflate the price

We have twice the amount of currency in circulation now than we did two years ago. Let that sink in.

Guillotines would solve a lot of these problems...

@@sebione3576 do you have a citation for that?

Exactly. Political, not just economic.

Whelp at least this doesn't affect me.

I loathe those type of people and hope you at least get an employee discpunt at said store.

People like this are so entitled and up their own ass. It takes 5 seconds of brain power to take a step back and realize that no ordinary employee of any company has any control or say over price inflation. Hell, the grocery stores are beholden to their own corporate entities and to whatever each individual company, that shelves each product, charges for said product. I worked in retail for years and would just bluntly tell people that I don’t make the prices, if you have a problem, call the corporate office of whatever the company of the item it is that you’re mad at. Retail and management have no control over price fluctuation or pricing in general. It’s like that classic line of Ego from Ratatouille, “Perspective, fresh out I take it?”

I would have told her "Pardon me, I just work here, I don't own the place".

@Miraj never had a job like this before so I ought not speak on things I don't know, but I suspect that whether or not this is successful depends on how good your manager is. Some managers, I have heard, will really just leave employees to deal with it

@@thomasr7129 they don't care...

May not be the cause but it’s definitely the biggest player in my opinion.

@@alexesjohnson4229The biggest player IS the cause. John got this wrong. Guess he has to suck corporate dick like everyone else.

It's not helping but corperations have always been greedy, that didn't suddenly change in the last few years. The government decided it would be a good idea to force the economy to stop producing and consume more, printed money out of thin air and threw it at people who weren't allowed to earn it and then raised taxes on those same people to pay for their daft spending. Anger at corporations is just a shield governments around the world are using to avoid being forced out in favour of people who recognise "you might theoretically run into someone who might be sick" is not an acceptable excuse for taking your human rights away for 3 years.

Boycott loblaws

Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.

can you recommend a trusted fellow i can reach out to? I think that is the right thing to do.

Her name is “Sonya lee Mitchell” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

I'm pleased with the advisor's prompt and knowledgeable assistance. Her professionalism instills confidence. Looking forward to further discussions.

Wall Street kinda the problem

wait, what? These people probably can't calculate. I mean i have an 80l tank (21 gallons) and when i drive to a gas station where fuel costs 2€ per litre i know i'll be getting half a tank for 80€, and a full tank is 160€ worth of fuel. How can anyone be suprised about the price per amount AFTER filling up?

Every year, a few gas stations are busted by state Department of Agriculture's Weights and Measures Program. Those "cops" have busted airline baggage check in scales too.

@@zwidawurzn9423 I'm not surprised. There's some dumb mf's running around this country. Good luck getting anywhere then back to the station on $20, such as the tiktoc guy's vid lol.

That is truly truly amazing. Stay strong!

Genius has its limits. Stupidity on the other hand, has none.

I would love to see an interview with who ever it is.

HBO's Accounting & Finance departments: "When the show finally shuts down, the resale value for this 💩💩💩 will go through the roof!"

They signed off on an inevitable lawsuit episode. I don't think they're going to care about 3 frog statues.

@@Marijuanifornia Not everyone cares about your absolute favorite thing. We're also honestly fatigued from hearing potheads drone interminably about how weed can and will do literally everything. It's basically a religion with you guys at this point and it stinks. If anyone on this planet could acquire a modicum of chill I would expect it to be you. And yes I understand the difference between pot you smoke and hemp for fibers. See also: stopped caring because you people can't shut up.

Yo what's that black box? We don't talk about the black box... Aww... come on. It's Last Week Tonight's production expenses... Oh... Well... Sorry I asked. Don't be, it's your turn up next to negotiate with them.

Concentrate on two main objectives. First, keep yourself safe by knowing when to sell stocks in order to limit losses and maximize gains. Second, get ready to benefit from market changes. I advise consulting a CFP or other professional for advice.

Yes, I have been in touch with a CFP ever since the outbreak. With an initial starting reserve of $80k, my adviser chooses the entry and exit commands for my portfolio, which has grown to approximately $350k.

My portfolio growth has been stagnant since the 2020. I wouldn't mind consulting the advisor who guides you, I really want to grow my retirement fund since I could retire in 3 years.

I started out with an FA named *Sharon Louise Count* Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI.

Think about the giga profits they'll earn when they resell.

I've thought about this too! 😂 "It's a WHAT COSTUME?" 😂 😂 😂

You should see what they spent of Perry Mason lol

At some point, they'll probably refer to the giant, non-sense purchases for a joke as an "Oliver" or a "John Oliver"

Just created a demand for those frogs and previously owned by John, they can sell them high

I can see that.

That just sounds like another day on a tv show, living the dream lol

Right totally wish I had that gig

as an art department tech I can assure the reaction was much more stressed than that. I felt stressed just watching that knowing how complex it likely was to figure out

"you want regular water or sparkling" - that tech

Very correct; the bear market has contributed significantly to the growth of my investment. I was able to quickly increase my portfolio from $180K to $472K. Essentially, I was just doing as my financial advisor instructed. You're good to go as long as you get competent assistance.

@@lowcostfresh2266 Would it be okay if I asked you to recommend this specific advisor or company that you used their services? Seems you've figured it all out.

@@TomD226 I won't pretend to know everything, though. Her name is Laurel Dell Sroufe but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.

Packaging is about 15% of grocery cost.

Then again, North American bulk buying results in a massive amounts of waste as stuff goes bad before the average family is able to fully use it. Its one of the reasons why the US and Canada top the global ranking of food waste.

@@MrAronymous part of that I’ve read is significantly contributed to by the unique restaurant culture of the US (and Canada, probably). Portions, destroying trashed food, criminalizing dumpster diving, refusing to donate excess, it’s all apart of our abundance culture. We have so much to go around and we actively prevent sharing fairly.

Thanks you!

Excellent point, I never thought of that.

This should be a meme

“I am good at business!” Is what i would expect Trump would say after a bankruptcy or Oliver buying 3 frog statues...

@@NankitaBR It should, especially against all the crypto bros

Line goes up means genius at business... regardless of whether or not you made the line go up.

*John suggesting that Powell **_"lead an army of economists into Luhansk... [although], historically, that hasn't been the Fed's role..."_** ... is what I can't stop thinking about... & personally speaking, I'm here for it...!!!"* 18:57 *(LOL)* 🤣😂🤣

😢

How do you get around the problem of having a address for your license?

Yes. Most "Inflation" increases is just businesses ripping off consumers.

Yeah, John dismissing corporate greed was a little disheartening. Like yeah John cooperations *have* always been greedy, but after Covid they have had opportunities to lie and manipulate their way into make more money than EVER before.

Yeah its disheartening and I'm too depressed to think a way out, I'm too overwhelmed and worked to think the way out, and unfortunately that's the plan for people in my situation, I am the blood in the machine

Amen on that. I’ll not be surprise that they will have billion profits out of billion of people around the world.

No kidding. This is exactly what has been happening in the PC graphics card business for years now. Prices are so high you used to be able to build an entire gaming system for the price of a single current-generation graphics card. And don't forget about the scalpers, who buy cards only to resell them for even more insane prices - because people want the latest stuff.

Pretty much, yeah

And to force HBO to make giant donations for essentially no reason

In order to be allowed to purchase all three, he should have at least got the definition of inflation right... I mean, if he doesn't even know what inflation is, why is he talking for 20 minutes about it?

@@phoenixnoire2435 What did he get about inflation wrong? It is caused in part by scarcity of goods.

@@jlev1028 no. That is absolutely not inflation. Inflation is when the overall money supply is increased (when they print more money). Now you have the same amount of dollars, but it takes more of them to pay for things. That's why they call it inflation. You can solve it overnight by destroying a portion of the money supply. But corporate shill pseudoliberal Jon Oliver is never going to tell you to eat the rich. What he was talking about was other financial phenomena such as supply and demand, which also have an impact on prices, but are very much different from inflation.

@@angelastewart3256 Right, I've been in constant touch with a fiinancial-analyst since covid . You know these days it's really easy to buy into trending stock`s, but the task is determining when to buy or sell . My advisorr decides entry and exit commands on my portfoliio, I've accrued over $550k from an initially stagnant reserve of $150K

@@kaylawood9053 Please can you leave the info of your investment advisor here? I’m in dire need for one

In order to save money you have to cash app me all your money please

lol this is the dumbest thing I have ever read. This is like community theater

you are not alone. Gym membership + car camping is the reality for a lot more "working professionals" and "multiple income stream" workers than people realize.

@@randallcauley9484 The number of youtube channels devoted to that have multiplied.

Like you did I am sure they will appreciate how hard you try to provide for them when they grow older.

I can only imagine how it feels from the parent side. My family situation was similar when I was a child. Unfortunately the cost of starting a family is too prohibitive right now :-( Wishing the best for you and yours

bro forgot to join the middle class before reproducing 💀

@@rickroma that’s a funny joke but I don’t think you realize what qualifies as middle class, majority of “middle class” Americans are actually considered lower class lol we think it’s normal for middle class to equate to simply surviving.

I know, right?

same

I'm kinda going through the same thing I usually spend a certain amount but the pass year I've been spending 100$ extra every week and kinda feel like that lady when my daughter see me calculating and putting things back its frustrating because I never had this problem

Go read the wikipedia article on the subprime mortgage crisis. Find who's responsible, and check the "Early Life" section. You'll start to notice a pattern, and you'll know who was responsible for the 2008 recession.

@@nobody-iw3ey No single person is responsible for it, multiple are, among other entities.

@@zCrabOG Which is why it should raise suspicion that so many of said people are Jewish.

And I bet there wasn't a mechanic for people catching on and the trick getting less effective each time you did it...

Did you just explain SimCity to the Internet

@@lewiscopland4568 An extremely small section of a tiny part of an infintessimal slice of the internet. I'm not very popular.

The market is volatile at this time, hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/etf you focus on.

How can one get a decent investment advisor? I wouldn’t mind getting in touch with yours. In few years I will retire and my portfolio will definitely need some management.

Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.

to hurt you more houses used to cost less than a car...

This is the true build-up. This is the build that leads to a climax that leads to a denouement, and then resolution. Classic story structure. Thank you Jay M for sharing.

@@MrDbate Except we are not living in a story. Things could get better or worse but either way it will not make sense for our narrative driven brains.

I think other generations has gone through something similar. Grow up.

@@paisano-mf2yx "Other generations?" .... Name them.

(Begins sharpening guillotine)

Oil companies do not directly set prices. They sell at whatever the futures exchange settles at.

@@theBear89451 There are only a few major oil companies. They collude to keep prices high. Also,it is mostly the same companies controlling the crude market, owning the refineries, and the gas stations. Exxonmobil, BP, Chevron, Shell. They profit all the way up and down the market ladder.

@@theBear89451 And the futures markets are necessarily impacted by the decision to artificially stifle supply...

There is no shortage of *any* products. There's a shortage of need to actually charge the real value of their goods and services, instead of whatever highway robbery they can get away with.

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

@@hermanramos7092 Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with this person

@@hermanramos7092 I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.

When you live on $12,000 a year because your disabled informed decisions ha! Groceries cost a third of my monthly income and it should not be this way.

It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

I'll suggest you create a diversification strategy because building a good financial-portfolio has been more complex since covid. Recently my colleague advised me to hire an advisor, surprisingly I have accrued over $120K under the guidance of my coach during this crash. She figured out Defensive strategies to protect my portfolio and make profit from this roller coaster market.

@@stephaniestella213 Having a coach is key in a volatile market, My advisor is " *Ingrid Cecilia Raad* " You can easily look her up, she has years of financial market experience.

invest in resthomes haha

@@stephaniestella213 I'd look for a fiduciary financial advisors. I wouldn't trust a financial advisor without that.

Cat food is high here in the USA too and hard to get for wet cat food but my cat doesn't seem to like it anymore like you said they must have changed the ingredients or something.

That is terrible that they changed the ingredients (probably to inferior ones). Cats are kind of picky about their food. If you go and change it on them, they look at you like "you really want to die don't you?"

I am living in Turkey and our inflation is at least 100% a year. Trust me, Europeans have it good, just like they always have. Life has become hell for most of the world in the last years and Europe and the US were mostly protected from the massive fallout of everything: the US printing money, the war in Ukraine and the coronavirus pandemic and broken supply chains.

DM is überraschend günstig im Moment

If you start applying Venezuelan and Argentinian policies to your country. Don't be surprised that you get Venezuelan and Argentinian news on your country and on the TV. What would you think it was going to happen with that amount of money printing? You became worst than Maduro or Fernandez

wait what. are you serious?

It is just a psychological trick to spur purchasing. American sheeple will put up with just about any dishonesty. We have been well trained to accept that we don't have the information necessary to make rational decisions.

Canada as well. And, you may not believe this, but at 41 years old, and a politics junkie, this is the first time I've heard that a country DOES do this.

We don't have that either in Canada, most people learn to calculate their local sales tax when learning the basics as a child. Of course there are people who are unwilling or incapable of calculating the tax and just wait until they get to the cashier.

With just the slightest amount of empathy for companies in this instance, making unique product labels for each state, county, and even some cities, with differing tax rates would be a logistical nightmare.

Wait.

Nice bot.

Not sure I agree. Inflation hits across the board but hits the rich more than the poor. At least as long as wage growth somewhat keeps up. Meanwhile during a recession people get laid off and often can't find new work. I would know I was without steady employment during the 2007 recession, I had to worm hours all over the lace to make rent and usually solved my food purchases with going back home and having dinner at my parents home.

If you have cash, I-bonds are earning 9.26% at the moment

@Jake Farmers You...definitely work for a financial advisor and get paid commissions.

Honestly I needed to see that. I really hope the inflation doesn't get worse because spending money on frivolous things is starting to become morally painful.

Go buy some groceries.

Give it time, something will bring you down

Hey! Did you know God is three in one!? The Father, The Son, and The Holy Spirit! Bless him! Jesus died for our sins, rose from the dead, and gives salvation to everyone who has faith in him! True faith in Jesus will have you bear good fruit and *drastically* change for the better! Have a blessed day, everyone!! ❤

Your worries (yes, anxiety), depression, suicidal thoughts, EVERYTHING will melt away and be NO MORE when you lean on God and put your trust in him! When I have physical pain, I literally pray and the Lord quells it, that I am healed!! Know that there is power in the name Jesus Christ! His name casts out demons and heals! People are bothered by his name. The world hates the truth and wants to continue living sinfully! God's children are set apart (holy) and righteous.

It's HBO. The place is 85% cocaine.

@@armchairgravy8224 In the 80s HBO was 85% cocaine. Meth, molly, fentanyl and fentanyl laced heroin have shrunk cocaine's market share.

@@youdontknowmebut tell that to Nintendo

Ok but are they keeping their cocaine in a jar? Come on that's not smart, what if they drop the jar and their dog goes and licks up all the cocaine like the addict it is?

"Little" yeah ok

Because it's get up and do what you got to do or be a homeless loser. Those are your options.

If we don't, we starve to death. Good motivation

Same.

join a union? join collective actions who have practical and pragmatic changes to actual policy. vote based on policy, platform, principle. and work on these issues. You may as well. So many are asleep at the wheel and don't understand that when I was your age (1988, it's been a minute), there were all kinds of funded programs and options that specific legislators and presidents have torpedoed, underfunded, or sunk. My educator parents were about to have three kids in college - so we benefitted from the work hard-play hard scholarships, grants, loans (not yet privatized so rates were reasonable, doable), we worked while in school. I work with young adults and mentor high school seniors. What our politicians and corporations (looking at you HR and hiring managers who love to dump on GenZ) have done to drop the car on the blocks in the yard in front of the trailer home we've devised for what was once the American middle class, might cost us the experiment. So, I'm sorry its unscrupulously shrugged off. The Grift has most definitely gotten worse. Imagine what would happen if you have kids on the current course. Apply pressure. Tourniquet where indicated. Find those allies. MOST of us had a lot more help than we're admitting to, and more than we currently give. I'm sorry that's the case.

Underrated comment 🤣😂

Argentinian watching this with 7% inflation last month

I’m from Venezuela. I don’t need to say more.

So you never saw deflation until you were already a man?

Did you become a super villian? Argentinian bane?

😂

We must keep that from ever happening, simply put most quantity means less quality...

Be VERY careful with that word. You might give Rule34 ideas.

Sounds like a jammed toilet

That's the opposite of correct. Inflation happens when there's LESS of something. Did you not even watch this video, the video that you're commenting on?

@@marianparker7502 The uncertainties accompanying this present market is more reasons I have my daily investment decisions guided by a portfolio-coach seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive analysis, it's quite impossible not to outperform. Netted over $550k in return on investment, since using a coach for about 2years.

@@Robertgriffinne Do yo mind if I ask you recommend this particular coach you use their service? I have trouble knowing when to buy or sell.

@@mesutserim1595 Sure, the investment-advisor that guides me is Corinne Cecilia Heaney, she popular and has quite a following, so it shouldn't be a hassle to find her, just search her

@@Robertgriffinne Thanks, could really use the recommendation, I've been losing a shit-ton lately, I looked up Sandrine and I wrote her detailing my Fin-market goals

@@Robertgriffinne This recommendation literally came at the right time, I dipped by $11k in stocks last week alone. Its crazy! I just looked up Corinne online and researched her accreditation. She seem very proficient & I wrote her detailing my Fin-market goals. Thanks

well shit, when you put it that way, you really feel how everyone is getting screwed.

And good luck for those right-to-work states to get some bargaining with their employers.

Just depends, do you commute alot? If you drive alot, a 7 percent raise actually is not enough when you consider gas prices have raised by 40-50 percent. Just depends on where you spend your cash. But yes, generally speaking, we all got a "pay cut" while asking to do more during labor issues. It's bs man.

Holyshit the employer literally always taking gross advantage of the employees I hateeeeee reality

Yep

Shared custody aka dual citizenship.

Oy!

They had to invade US again and pretend it was "gifted"

That's right, for once the Brits lost a national treasure to another nation.

when biden says i can taste it i think about my plasma donation 0.0

Jon Stewart is such a G.

Jim Cramer's only job is to sell whatever the financial markets are pushing. And the financial markets are only ever pushing people to be bag holders. Anybody with a goddamn brain could see that Netflix was in trouble due to all of the competing streaming services, but Cokerat Cramer was out there in January telling people to "buy buy buy Netflix!" That's why there's a recurring meme amongst investors called "Inverse Cramer." If he tells you to buy, run like hell.

There are a few flaws with the debate John is making, as A LOT of the rise in inflation is coming from corporate greed. The single biggest example is gas prices, particularly how gasoline affects the overall price of products, particularly when almost all grocery products are shipped by trucks nationwide. Gas demand has always been the same and during the pandemic it actually decreased. But the oil cartel OPEC and US companies saw an opportunity to raise prices to "gain back their loses." There was no justifiable reason to raise oil prices except for corporate greed and this affected and still affects the supply chain up. Other companies like Walmart had no reason to increase prices as well, which is one of the companies that also feeds a majority of Americans and supplies them for household products. We see with companies who didn't raise their prices it did not affect them at all, and they're still making a profit, yet those that did have done so for greed to nickle and dime the every day American. You also have to realize that MANY MANY companies during the pandemic were heavily subsidized by the federal government and given millions of dollars to stay afloat, meaning that supply chain issues should not have been a thing as they were being backed financially. Instead of using that money to increase employee pay or maintain their facilities many of these CEOs instead invested their subsidized money into stock buy-backs and did not invest to improve themselves. Hence why we see the flight delays and airline issues today. So in some ways what John is telling is true, but in many other ways he is avoiding to discuss a bigger and troubling issue. He's making you think that its the common American's fault ... but it's not. None of us went to buy jet skis with the stimulus package but invested in things we were already buying or doing, and even better when deciding to upgrade on certain commodities we were wanting to do for the past 10 years. My parents were wanting to do a driveway upgrade but never had the money. Now did supply chain issues hurt the driveway business, which I'm pretty sure was hurting for business, because they were asked to work and do their regular business? No, but I'm sure they would come up with some BS to justify a price increase. Which again, greed.

@@yrazu05 fam you should've made a comment, not replied to something unrelated.

@@yrazu05 That was a long, thought out, comment, but completely wrong. John is correct. As John points out, your comment does not understand how time works. Corporations have always tried to maximize profit. It you were correct, we would have had high inflation for the past 100 years.

Now it makes sense why $70 billion worth of US Tax Payer wealth is sent to prolong/exacerbate the war in Ukrainie enriching the coffers of the US/UK military industrial complex not to mention the $300 billion of US Tax Payer wealth being donated to US chip manufacturers while Pelosis profit from insider trading on NVIDIA Chip stock. Thanks to political hacks like John Oliver and other late night clowns, truths always get buried while distracting and brainwashing their young and dumb audience, as usual.....

I figured that if they ate less of that, they would be smaller.

You should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.

A lot of folks downplay the role of advisors until being burnt by their own emotions. I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.

My advisor is *Sharon Louise Count* she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field.

VOO and chill.

You laugh, but the Therians and Otherkin are next in line for getting their rights mainstreamed

7:15, I was hoping for reggie :/

Well what would you expect from America's second favorite Zazu?

Now it makes sense why $70 billion worth of US Tax Payer wealth is sent to prolong/exacerbate the war in Ukrainie enriching the coffers of the US/UK military industrial complex not to mention the $300 billion of US Tax Payer wealth being donated to US chip manufacturers while Pelosis profit from insider trading on NVIDIA Chip stock. Thanks to political hacks like John Oliver and other late night clowns, truths always get buried while distracting and brainwashing their young and dumb audience, as usual....

I'm going to need you to tell me the difference between these two pictures...

Wait, he didn't say that?

"But the bigger fish in the pond here is..."

I heard the same!

Thank you for my heartiest chuckle of the morning!

My local grocery store was not selling the 32oz a few days ago. I think it may be a slow transition wherein all varities are slowly transitioning. Powerade has already followed suit, so the smaller size 28oz is on sale for 99 cents again like the old size used to be.

It's the thirst mutilator. It's got electrolytes.

I think they have been making both bottles for years, they may/may not be phasing out the older bigger 32 oz style, idk. Whether or not he was right about the Gatorade example, his point still stands. I swear the beef patties on a Wendy's burger are getting smaller, in addition to everything else that is 100% going down by weight/volume. We don't have to argue about it when the listed net weight is literally reduced.

I don’t drink Gatorade I only drink brawndo it’s got what plants crave

Hey! Did you know God is three in one!? The Father, The Son, and The Holy Spirit! Bless him! Jesus died for our sins, rose from the dead, and gives salvation to everyone who has faith in him! True faith in Jesus will have you bear good fruit and *drastically* change for the better! Have a blessed day, everyone!! ❤

You can go to food pantry’s no questions asked

If you have a garden you can plant some vegetables there: it's a great investment in both money and health. And you can live without softdrinks and alcoholic beverages... water is healthy and cheap.... And you can dry clothes using the sun, just hang them outside: no electricity cost, 100% cheap..

@@arzigogolato8944 Yeah I’m sure they never thought about cutting out alcohol and soda 😒🙄 and that would save them what 50 bucks?

They may want to tell him it might be for a few years, and get worse.

50 bucks is huge money for people in needs. Also it only have good consequences, as soft drinks are horrible for health.

Its funny and they know that meeting the expectations of fans gives us a quick shot of endorphin for being able to predict something. Which keeps us coming back for more.

Yes, & forget how he blamed everything on trump when he was POTUS and when its time to blame Biden hes like 🥱🙄😒🤐 Sleepy Joe adminstration is worst POTUS ever. Letting Russia even think of starting a war on ukraine, letting Europe get Completely surrendered to Russian Fuel and energy, and not seeing it before biden screaming i will wipe Fossil fuels usage from the planet. Well here we are. Stupid biden office and the voters who let him in. Middle class in American cant even buy petrol to go to work and here thry are playing lets do this lets do that, no fuckin result.

It's not so much "agree" as it is voters ever having power again....

Do you actually remember a time when the majority opinion actually counted? It sure doesn't count now.

@@Opinionsrnotfacts574 democrats have won the majority of votes my entire life minus 2004 Bush re-election. 6-3 Republican picked scotus.

@@jaya1000 72% prefer abortion access on demand yet 6 old men in SCROTUS get to tell the country what to do

The new featherless biped ... Diogenes is quaking

Hope you're doing okay!!

Much better thanks.

How though can a business pay higher wages and NOT raise prices to some degree though? All businesses need to make a profit.

@@LokiDWolf They need to make "a" profit not an "gigantic f*ckload of money" type of profit. US Americans have the tendencies to act that businesses would shout down if they wouldn't make billions every year in profits (this of course only includes the biggest ones). We should attack the margins because they get higher and this is also because all political decisions tend to be in their interest because the US is more of an oligarchy than an democracy

@@LokiDWolf Businesses are making record profits. They could simply pay people a fair, living wage and make slightly less profit, but still billions of profit a year.

@@whetlarper I didn't realize all of the businesses are already making infinite profit and have plenty of room to just pay employees more and make no other changes. As the video said, they did not suddenly get greedy. They were like that the whole time. So even if they were making record profits (some are but plenty are struggling), they could still use higher wages as a reason to raise prices in order to maintain that profit level. And with more money in people's pockets from those higher wages, demand would be able to keep up.

@@aaronsacks470 Letting poor people starve so the middle and upper class can save a few bucks is psychotic.

I agree with the 1st 1/2 of your statement but not the 2nd. Companies that pay no tax for a certain year make headlines but the reality is they're carrying forward a loss from a previous year, something completely reasonable and available to all of us.

Even retaining their profit margin would have seen prices go up. Profit margin = total cost to consumer - input (for argument sake) if input goes up, profit margin goes down. If prices remained the same, profit margins would have fallen. One must increase cost to consumer to maintain profit margin. You have to increase cost to consumer a LOT to get a higher profit margin while inputs are going up in price.

Agreed, but the bigger problem is the lack of unions and collective bargaining. Many jobs on the supply side are just fucking awful and they pay too little. Watch John's video on the trucking industry and you'll see what's going on. If people don't want to work these painfully necessary jobs due to pitiful compensation, the GDP suffers and things grind to a halt. Then you have a stagnating GDP at the same time as inflation. Stagflation.

@@Zt3v3 pretty sure many of this companies that had "loss" can tough it off better than the struggling american, we are talking about people who couldn't buy a new yacht (another) or summer house in another foreing beach, no mom-and pops, they will be ok, they won't lose their style of life, they won't lose their livelihood, let them take the hit, why the working class has to pay for it?, they can just be a bit less *rich* for a while...

Ain't that the truth. My neighbour has a taxi business, and before covid he had three specially equipped taxis (the big vans with wheelchair lifts). After covid hit, he had to sell two of the vans just to be able to eat. Our government dished out money to struggling businesses, but he got absolutely nothing, because he hadn't made a big enough loss. Meanwhile the absolutely thriving construction business a few streets down got $100k.

You love that he spends money on dumb stuff while most of the country can’t afford basic necessities?

@@firstlast8258 yes! I love that!

I will always wonder and suddenly feel aghast of the thought of where TF is he searching for getting those items listed?

@@bongoblast9831 🤡🖕

for the tax write off right

He bought a NEW car so F HIM! it's a Red Bull rant we can live without.

It’s literally the world’s most-profitable industry. That’s why we’ll never really address global warming

Yay

I think You nailed it. It's just about getting the Money back that they burned durig Covid.

They blocking the supply of a lot of goods so every greedy tycoon can raise prices

It really is quite sad, I'm sure they had no choice other than laying off the people that made them their money... Because companies no longer have any respect/obligations for their employees. Just look at Walmart, or Bezos. Their employees are on food stamps, or are peeing in soda bottles... Corporations really can't regulate themselves. Some business owners do right by their employees, but when profits over caring about your employees is mandated, it's not surprising that basically no one has a pension, or health insurance, or job security... All the while record profits for many companies...

Irony; he gets them approved. That's how news sell in the country.

He also paid off millions of dollars in hospital bills. Remember he is better then Oprah now.

alternately, they're replicas made by the prop department for much cheaper

the ultimate tax write-offs

Show production costs are usually _very_ high. These kinds of segments are _relatively_ cheap. Same with the donation-related ones. So while it may look like he's just throwing big money around (including at worthy charities) - at the end of the day it's made up for (or more) by the savings on segment production cost vs episode budget, while also being good entertainment. That makes HBO happy. Good money and quality attention goes to worthy charities, which makes most others happy for wholesome reasons instead of _always_ riding a schadenfreude train.

Yes, they're quite brilliant.

It’s nice he actually breaks things down for people. The more informed people, the better!

@@couragekarnga8735 brillant

@@lukaslambs5780 lmfao. You need to learn some economics. This is just bad.

@@gerbs96 Come on... it's only missing like 90% of the story. A for effort.

I can't tell if you're being serious or not and that's really freaky. lol

I also can’t tell if this is real or not

Gotta do what ya gotta do

i cant imagine being just 20 dollars short on a house payment ( how much can you possibly make from recycling ). I feel like housing is one of those things where you hit a point where its just unafforable and you cant save yourself with a single paycheck, penny scrimping, or begging on the street or in your case searching for cash. At best its delaying the inevitable which in the case of housing luckily already has some built in delays in terms of laws preventing immediate eviction. If i found myself strugging to make rent i think the best bet would be to stop paying as soon as possible and start saving for your future potentially homelessness because any money going to rent / mortgage is a lossed cause.

I've been there. My dad used to let me from school on may 6 when we lived in a mostly mexican neighborhood. We would spend most the school day collecting cans. We would go to Wendy's for frostys afterward.

Exactly-the entire auto industry is on hold-from the factories to the dealers to the customers-because the manufacturers can't get computer chips. That has nothing to do with corporate greed, Putin's war, or Biden's stimuli.

Gas

Why are they cutting you off? Are the suppliers doing this US, foreign, or both do it?

I'm in international imports. The supply chain is by far the biggest factor of inflation in my opinion. We've been hitting delays at every step of the supply chain process, from raw materials shortages to factory shutdowns to shipping container shortages to port congestion to railyard congestion to trucker shortages. If your job gives you any visibility whatsoever on the supply chain as a whole, you know. Drives me crazy when people blame Biden for it, like what's he supposed to do about the entire global supply chain being completely fucked?

50 years of JIT inventory (including heavy off-shoring) caught off-guard by a global pandemic.

they will immediately approve if they see the fly

Amazing

Foarte tare

Amazing 👏

@Nathan Pipper sorry, I don’t follow manipulative people or deities

The problem with saying it was multiple factors ‘going wrong’ and that ‘No one person/group is at fault’, is that it minimizes the substantial evidence that part of the issue is choices made by people and companies to take advantage of all of the other issues to increase their profits. We are not in the situation due to a single factor, but at least one of the factors is morally reprehensible and preventing it could have lessened the devastation.

@@alyssastickels1324 "At least one of the factors is morally reprehensible". If you're talking about the invasion of Ukraine, then I agree completely. But there wasn't much we could do to prevent that one. If you're talking about companies trying to make money, then I disagree completely. The idea that companies should try their best to make as much money as possible, and that in doing so they will boost the economy and make things better for everyone, has been a cornerstone of our culture for a very long time. Whether you agree with it or not is one thing, but calling following that idea morally reprehensible is a bit of a reach.

@@driftwisp2797 and how has that worked out for us? Allowing companies to make as much money as possible?

@@driftwisp2797 Not anymore it isn’t. The cornerstone has become a slowly-tightening noose.

@@driftwisp2797 Only it's not boosting the economy or making things better for everyone... Corporations are making record profits. It just hasn't been trickling down to the workers. But somehow, executive compensation is *outpacing* inflation. What did that Republican guy call it? A regressive tax on the middle class?

+

Trillions of dollars just made out of thin air.

I haven't really heard anyone blame rising wages for inflation. We have Inflation because our government has a massive spending problem. Nearly 2/3 of all bills in circulation right now have been printed since the start of the pandemic. You can't do that and not expect insane levels of inflation.

Almost like the host doesn't have the best interest of lil' guy at heart. Sorta like he's a rich dude, paided by richer dudes, to tell poor people what to think....

Now it makes sense why $70 billion worth of US Tax Payer wealth is sent to prolong/exacerbate the war in Ukrainie enriching the coffers of the US/UK military industrial complex not to mention the $300 billion of US Tax Payer wealth being donated to US chip manufacturers while Pelosis profit from insider trading on NVIDIA Chip stock. Thanks to political hacks like John Oliver and other late night clowns, truths always get buried while distracting and brainwashing their young and dumb audience, as usual.

oooh! That's old school. US is notorious for very rarely exercising these muscles. Note: the recent moves by feds on a few of these instances in an economy with whole industries swimming in this ALWAYS brings some lobbied pro-corporate goons out threatening to CUT the agency's funding. Happening now. Enforcement and prosecution (and improving criminal and civil penalties for the Operator CEOs and managers, not just fines for the "company") are a serious issue. Support.

True, but people need things. Money and goods have to circulate. The real problem is that citizens are going to be the ones who inevitably get the short end of the stick, because the one link in the chain of the inflationary cycle that takes the longest to adjust to the changing markets is... wages. Most of the time we only get one chance in a blue moon to ask for a decent raise, and if inflation jumps up drastically afterwards you're SOL. But if we'd maybe paid our employees well enough _to begin with_ we might not have been seeing the massive supply issues that we were seeing across the country. Major trucking and warehouse shortages were all over the place, but nobody was racing to pick up the slack because the jobs pay too little and they have godawful working conditions. So on that front, you're absolutely 100% right that we're not putting enough value on people here. The price of paying people more will cause prices to increase, yes, but at the end of the day we're more likely to see a gainful recovery from it that actually solves the core problem we have, which is supply issues and productivity. We're deep in the shit because the Fed tried to fill in the gaps using pure monetary policy, but they can't just pull all of that lost GDP out of their hat like it's a magic trick! Yet that's all they know to do. All they have is a hammer and everything looks like a nail to them.

Amen Comrade

Well, specifically an unequal society would value things over people

Why use the derogatory term "things", when the term "standard of living" is more accurate?

@@theBear89451 Objects are objects. "Things" in reference to objects is not derogatory in any way, shape, or form.

If possible you should have this link played in a 30 minute meeting. Bet everyone would prefer this version.

Can I recommend some other channels: Perun for getting a better understanding of the Russian/Ukraine conflict Beau of the Fifth Column for sensible views on US politics Just Have a Think for some of the best coverage on the topic of climate change asianometry for great insights into especially Asian companies, most of it in computing.

We had repo failures in September of 2019, good think that "pandemic" relief package was passed. You are probably adequate with math.. Each US citizen could get up to $1,200, and there are 330 million Americans. What's the MAXIMUM amount that US citizens got out of the $5 TRILLION relief package?

@@tashumbriamiller Definitely. Most of the speakers are dead inside. 😂

Fuzzy Ya while they gave up dollars to businesses they tossed a nickel to poor people so they wouldn’t revolt. It’s all about bread and circuses. Haha things ever get bad enough the government might provide a free Netflix or something along with free phones. And Obama may have gave away phones but it was so the nsa could learn more about everyone.