Richard Wolff: Fed Rate Hikes Are "Body Blow" to Workers Reeling from Pandemic, Growing Inequality 

People believe their currency has the worth it does because they have no other option. Even in a hyper-inflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

You are right! I diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.3m in net profit across high dividend yield stocks, ETF and bonds during this red season.

How can I reach out to this coach? because I'm seeking for a more effective investment approach How good is this person at portfolio diversification, particularly with regard to digital assets?

My advisor is ‘’Catherine Morrison Evans’’ 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. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

Both systems have massive flaws. If you think socialism is flawless then ask anyone from Venezuela or read about the Ukraine famine and see for yourself. Wal Street and the Fed are garbage but so is giving all the power to the government to push a socialist agenda that it’s been proven time and time again that it doesn’t work

♥️♥️♥️

Chandigarh and Amy Goodman !!! You

Love your sarcasm... hilarious.

I think you mean victims of social capitalism.

@@orlandoselles7926 Or corruption.

Just another part of the great wealth distribution that is underway as the professor explained.

That says it all. No one in government is working for the people.

@@pennyarmstrong4327 it's hard to trust anyone nowadays.

Agree with you

Dude is hilarious, in a good way, the first time I'm listening to him speak. He's like a mellow version of Jim Cramer. I wish my professors in university taught like him.

@12:35 Watch as The Wolff, with his allotted "...minute and a half" puts The American Problem in historical perspective in less than a minute. Good job, Hermano Lobo, good job

He hasnt a clue

He is the Neil Tyson of Economics. For that reason you will never see him on the Main Stream.

Yup, if you look back to the TV show, All in the Family, Archie Bunker owned his home, owned his car, and put a kid through college...what was his job? He was a forklift driver down on the docks...

@@42Mrgreenman All in the Family!! :) what a show... PS I didn't know Archie owned a car. I thought living in Queens he and The Dingbat always used the subway.

I'll suggest you find a mentor or someone with experience guide you especially in this recession. especially for your 401K, IRA and portfolio diversification.

I agree, that's the more reason I prefer my day to day invt decisions being guided by a init-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a init-coach for over 2years+ and I've netted over 2.8million.

@@hermanramos7092 I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think your Inv-coach could guide me with portfolio-restructuring..

@@lipglosskitten2610 I've shuffled through a few advisors but “Catherine Morrison Evans” remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself..

@@hermanramos7092 Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted Catherine’s full name into my browser, and her website came up first in search results. She looks flawless.

Absolutely. What was the point of 1776?

seems very similar to how the system works. Except it's the top 10% setting legislation for the bottom 90%

Is it inhumane to tie housing, food, water, and healthcare, the things we need to survive, to income? Same people who set prices set our pay, and their profits depend on setting prices high and keeping payroll (overhead) low. What did we expect from a system like that? As the safety net privatizes further and there's no more debt to rack up, fewer and fewer people will have anything to lose.

@@insomniac2007 they addressed that tho; 'bootstraps'

@@johnpettigrew83 The point of 1776 was to set up a system to enslave black people and commit genocide against the Native Americans.

Because we handed our monetary policy over to the big banks since 1908.

Genius! 👍👍

It should be technically possible to cut out the middle institution and have everyone borrow directly at insider rates.

29.99%

@@jmitterii2 we didn't the crap that fills our government did

commies usually do

You know wolf is a clown right?

You’re watching Democracy Now!

Well put sir

The precarious proletariat - Noam Chomsky. Hard to get people to change the system when they are living paycheck to paycheck and finding it impossible to save

@@sousa9682 When people protest, the police will just mow us down...unless everybody has an AR-15...

@@sousa9682 we are spending all our energy to stay afloat with none left over to reach the shore!

Car less days .... odd's and even's ...... special exemptions .. it worked then, but the numbers, today, would make it very hard to enforce, especially in Western countries. 'we have all witnessed the enforcement procedures of China upon it's citizens . Right or wrong, could these events un-fold near you. We do indeed live in some strange times. ' oh well ..... time for a snooze.

Get a remote job and leave the US, and if that country you go to is bad go to another... If we had VR gloves and remote control robot hands then the number of remote jobs can increase as well...

Wolff specifically mentions Nixon's solution to that.

@@rickb3650 Yes, arrest them. Arrest businessmen, coming from a Republican President.

@@aoeu256 LOL most places are going to be dangerous to live soon most countries are facing societal collapse, war, etc. Maybe if you know spanish and go to Latin america maybe Argentina or Chile and know the safe neighborhoods to live in. I wouldnt live in the eastern hemisphere with the way things are going.

They are not the only two! Believe in your own voice, and search for the truth-tellers in your daily life... The good people are here, we just aren't used to coming together in that way

And don't wear.a.mask or get any more.boosters. That's.dumb.

Ain’t nothing real about America being capitalist, we’re fascist. Have been for a long time, there’s a reason the Lincoln memorial chair is made of fascistas. This guy is working for the bank, giving you the solution to the mess they made

@@amillionlittledingdongs6768 good comment. It's hidden from the thread though. My first one might be too. I didn't log out and check.

@@gmw3083 yep, your first one is blocked 🥂

Most corporations made historic profits and have paid negligible taxes since the last administration… shareholders expect an endless trend of exponential growth of profits - I mean, why would Metflix have inserts ads now even though you’re already paying for it?

@@cellonpot Yes, blame shareholders as well. The people who invest in usury are literally piggybacking off of an unfair system. It’s time people realize how devastating this is to the any form of fair trade.

Freeze cost increases 🤔

Thus the consequence of the industrial revolution. Many places are now being affected globally. It's not going to stop.

That’s just capitalism, no qualifiers

@@mr-yeah exactly the only difference now is that the rich are running out of industries and countries to exploit.

@Ronald Reagan sure! Capitalism is a very attractive swallow.

@Ronald Reagan If capitalism is so great then why have to bailout GM, Chrysler, Chase, Morgan Stanley and so many more. If the same rule of capitalism was applied to these corporate crooks as it is applied to the poor then we would have a completely different and more fair economic system but we don't. In this so called free market we have socialism for corporations and cutthroat capitalism for the poor.

Being wrong about facts is Ignorance. Believing bullshit is willful ignorance. Blindly believing bullshit because you find the narrative comforting amounts to stupidity.

about to give us the whole history of neoliberalism in 10 minutes lol

In case there's any doubt, read this: "The Top 1% of Americans Have Taken $50T From the Bottom 90% And That's Made the US Less Secure" * ... article about a study from the Rand Corporation that studied the transfer of wealth (50 trillion dollars) to the wealthy from 1975 to 2018 ... * Time Magazine 14 September 2020 ("have taken" is euphemism for "have stolen")

@Ronald Reagan dude your username is Ronald Reagan

​@@TheJonnyEnglish lmao exactly

He made us Marxists. 😳

That's capitalism. Capitalizing on others misfortunes. They've rigged the system so that the consumer has no choice or power.

he talks nonsense.

neo commie

He’s a complete whackadoodle

@@AmericaFuckYeah1776 pretty much... he despises KAPATALIZM,... while enjoying its benefits

thats how the usa survives. its a full war economy, thats how they make their money

Yet Trump never started any wars. When did progressives become the war guys?

@Ronald Reagan joined 1yr ago. It's always the young bucks \ sock accounts

@Ronald Reagan - You have the mantra: “I am an under educated conservative, down pat”.

@Ronald Reagan - The OP is an actual victim, not someone reciting a mantra. That was your "factually incorrect" lie. I would call it a factually incorrect error, but we both know better.

@Ronald Reagan - You have really soaked up the propaganda those billionaires put out on those infotainment media channels they own. Your condition gives those wealthy people everything they want, a willing subject too stupid to know he is being conned. However, you cannot beat the math (you do understand math, yes?). The wealthy pull more money out of us than the economy can support. You and the OP are both victims, but you have allowed yourself to be convinced that you are not one. That is what you get for drinking too much conservative koolaid! I will give you one thing, the left is almost as lazy and irresponsible as you are. They can't do math either.

Its a chess game between government and employers and employees are the pawns

No. He’s telling fools like you what you want to hear. Being wrong about facts is Ignorance. Believing bullshit is willful ignorance. Blindly believing bullshit because you find the narrative comforting amounts to stupidity.

yo, occasional cortex, you're clueless. the left created the fed. its been downhill ever since.

I just learned all this in my macroeconomics class

Who do you think OWNS the schools? The Americans priviatized their education system when the government allowed the 1% to purchase schools and run them as "for profit" academies. That allowed the 1% to dictate exactly WHAT was taught, WHO taught it and to WHAT STANDARD. All the while, rinsing the taxpayer and making an absolute fortune, and producing new generations of under educated debt slaves. The UK followed the same example during the mid 2000's, with the almost total "academization" of our state education institutions. The public opposed it (those who knew about it - obviously it wasn't being reported by the mainstream news because the mainstream news is owned by the SAME 1%) yet it happened anyway. What we saw was huge profits for the richest people who bought the schools, far worse condtions for governors, teachers and students, and falling exam results - leading to the creation of a new grading system which masked how bad results were getting, year on year, decade on decade. So don't get your hopes up. Until the heads of the 1% are removed, nothing is going change, and the new generations will continue to be indoctrinated into the status quo to serve their serf duties.

Inflation means zlonlsts are stealing the value of your money, it's a hidden tax on your life.

Fox will just spin those discussions as "woke". And will have 40% of the country protesting against their best interests.

@@TheVanillatech Its even worse than you state, through I suspect you imply it in your statement. In mathematics the art of teaching how to derive results is no longer taught. For example school children are taught the theorem of Pythagoras without getting them to think through how to generate such a result. Without the systematic effort needed to generate proof, children are left with no understanding of how Science works.

It’s government that own central banks. No hope for you.

Bitcoin is the people's money.

That’s not really correct. It is only quasi private and member bank shares aren’t like you owning stock in Google. These shares only entitle member banks to a tiny almost non existent return on reserves and a vote on the FOMC. Also the FED is not a for profit organization. They turn over all profits by law to the TGA or treasury general account. They also aren’t buying half of what you claim. The FED is a rotten institution but they don’t hold the purse, Congress does.

Corporations are destroying our economy. Congress needs to limit how much corporations can buy. Perhaps to 10% of their profits over 10 years time would limit them buying up the rental properties.

You mean the truth that Amazon are evil capitalists? It doesn't stop him selling his books on there does it?

So you lean more towards fascism now.

@@hughjassle5876 LMAO, I don't think going from libertarian economics to center left economics where it's mostly Wall St. and big banks that are regulated is fascism. I also don't agree with Wolff on everything; he has simply moderated my views

@@deidaraer when you're talking about a government "regulating" the economy there are only two ways for it to go; fascist, or socialist.

@Down with Corporate Amerika until you realize they pay 45% of their gross in taxes.

The days when the federal and state governments used to regulate businesses are over. I don't think Republicans and Democrats will like to have a more honest system even if one still believes in check and balances.

Nah not really private at all.

Clarity of what? Communism is the answer?

Increase the military budget, draft everyone aged 9 to 90, disengage all hostilities everywhere, expand the armed forces mission to include agriculture, education, medical, house building, infrastructure building, etc.

@@addammadd Why not just do a fed jobs program and nationalize all those industries? Just a thought....

@@addammadd why would an organization that's responsible for a plurality of global pollution, committed several genocides and murdered millions of civilians be a good choice for this project?

Jesus Christ, you leftists really do live in a fairy tale land. I can't wait till we get invaded after cutting the military budget to zero. Maybe I should enroll myself in some Mandarin classes right now.

@@addammadd Laudable goal, but why create a facscist state to do that. What you descrbed is similar to China.

These corrections and crashes are normal when asset prices have been overinflated. The key part in this is that in a 50 year period, there are 14 crashes. More periods of asset prices rising than falling during the 50 year period.

I’d much rather buy in a bear market than buy in a raging bull market. But I’m always buying

These days the best way to come into the market space is patience and seeking guidance when necessary, due to my line of work i can’t handle my portfolio so i just copy the trades of ''Theda Helene Jackson''', a FA i saw on Bloomberg business news. It’s been smooth since then. I have saved myself from all the hassle that chaotic market causes.

@@jinajung1943 i really need guidance because i want to use this avenue that everything is on discount to build a dividend yielding portfolio.

@@tariqomar1635 She is quite the genius in portfolio diversification. You can look her name up on the web as she is SEC regulated.

Been kinda bad since 2008.

There is a limit to which people will tolerate. Three missed meals is an oft quoted limit. I hope we don't get to that point because then change is driven by random processes and influencers that likely don't have the best interests of the population in mind.

The capitalist system will destroy itself by its own greed and stupidity.

There is no dollar demise. After China starts really collapsing it will be evident to all that the world’s safest reserve currency will always be the dollar and petrodollar because it will be the safest best as globalization fails.

House of Cards

GOVT DEBT is the thing that can destroy us if not stopped

@@Morningdovecamp 💯% on the mark .. 99% of congress support buying USD with criminal T bonds.. a debt on us civvies

You're really put this very well in terms of articulating your thought. What you write is is pretty much my Mantra through life . Thank you for that

🎶 IT'S THE AMERICAN WAY🎵

The Bank of North Dakota is still standing strong.

It’s called the Federal Reserve. And although it’s here, it ain’t ours. We borrow from it, heavily. Do you mean a granddaddy of all banks? Thee one who started this whole, ‘I’ll hold your money for you here. Promise to take good care of it’. The banks are federally insured by the government. FDIC, federal deposit insurance. It’s there so the banks cannot have any oopsies regarding your money. If something happened and the bank went bankrupt, the gov’t is responsible for your accounts.

@@hoosierbaddy3052 What happens when the Government no longer exists?

There used to be. The post office used to also serve as a non profit bank. They didn't have financial problems when they served as banks too.

If you're still wearing a.mask, you are.a.mess

By you perhaps. People like me who actually run businesses rather than on relying on the comforts of academia like Mr Wolff, can spot BS when we hear it.

Capitalism.

Simple. It’s a way to circumvent the constitution’s prohibition of the government printing money.

@@tktimber418 : Actually, the Constitution says, in Article 1 Section 8, that "Only Congress shall mint coin [create the currency]." Which Constitution did you read? Because it wasn't the one that the Constitutional Congress wrote...

You are confusing the Federal Reserve with the World Bank. The Fed is a branch of the US Treasury Department. The World Bank is a consortium of private banks. The Fed was created by Congress in 1913, so we own it, just like we own the National Parks. Congress creates the currency every time they pass an appropriations bill. They instruct the Treasury to disburse those funds. Treasury, in turn, tells the Fed to cash the government's check. So just like you need a bank in order to cash your paycheck, the government needs a bank to cash its checks. Learn Modern Monetary Theory (MMT). It explains how the monetary system works.

.On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal port-folio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my port-folio this red season. I’ve made over $150k since then.

@David cho who is this individual guiding you? I lost over $9000 just last week, so I’m in dire need of a financial-planner.

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

We take to the streets and seize power like they did in Sri Lanka.

I think his point is not that it's the best economic policy possible to combat inflation - as he said we could debate the policy itself. But just the sheer shock that a republican would be willing to endorse a policy that is in essence bad for business (via price freezes), and that it actually worked to bring prices down. In contrast to today's democratic administration which is unwilling to even do something similar.

All religious organizations should be required to pay: federal, state, County and property taxes. They should be required to do bookkeeping. What do they spend their money on: lawyers, lobbyists, campaign donations, life insurance, building insurance, travel, vacations, building and maintenance, payments for lawsuits--pedophile priests and their accomplices, stock markets, advertising, vehicles-food and shelter for themselves, health costs for themselves, retirement, landscaping, and such?

everything Wall street et al do seems to cover that need and deflect attention from it. Where's katie porter to have a long look?

Frank, ultimately that is the only solution: since implosion of Soviet Union employers increasingly treated workers with contempt, because an alternative model no longer in place to temper their greed. Corporate Capitalism is beyond saving, even if another FDR were to show up; look what they did to Jeremy Corbyn :(

@@williamshafer3199 Don't know who Jeremy Corbyn was but Biden tried to push through some moderate reforms and couldn't even get them through.

@@frank124c Corbyn was leader of UK Labour at last election, got sabotaged by Zionists; he wanted to better protect British workers from effective pay reductions; Murdoch etc made sure he didn't get elected; GOP gerrymandered electorates etc make it near impossible for fair reforms in USA

@@williamshafer3199 The same thing happened to Bernie Sanders. He wanted to make reforms, but the democrats gave us Biden even though Sanders was more popular. Sanders has the potential to be a modern day FDR but the Democrats are too crooked to nominate him.

@@frank124c that was real ugly sabotage of Sanders, also in 2016 when they engineered Clinton as candidate, Bernie may well have beaten Trump, but your Donkey Party would rather let Orangutang in than have Sanders in White House

Or admit that the whole system is just a walking zombie at this point

1) That's a very vague statement. The only significant buying it stops is at the top; the buying of assets and the borrowing by big businesses and equities, which actually ties to your 3 and 4. Higher interest rates mostly hurts the poor who have debt or need to borrow. It's like very unsuccessful chemo; attacks everything together but mostly the innocent and vulnerable. It's a bad and temporary solution for reducing the flow of the fed without dealing with the actual systemic problems that Richard Wolff and others like him have been talking about for years. 2) Would you say raising wages would be a good way to increase productivity? How about progressive taxes for public projects? How about regulations to reduce speculative activities and administrative positions, and direct production? The good ways to fight this inflation are price caps on giant price-gouging industries like big oil and big tech, progressive taxes and strong regulations. Your 4 suggestions are not the only ways, they do not include the actual meaningful solutions with historical precedence to back them.

There is another way .. raise taxes.

@@biometronome7010 Of course it's vague; I can't write a book in a comment. Sigh. But you are right. Price gouging is a big issue, too. So are the huge salaries of CFO's. I forgot to suggest a cap on them too. 2) is needed but simple wage increase won't do the trick. Huge potential bonuses might. Progressive taxes... interesting one. It could reduce hoarding by the rich.

@@michaelhalbherr3683 Yup. Don't give them any bad ideas, however. They might just do it! LOL!

No, inflation is a balance between the amount of money you have in hand and the amount of resources out in the marketplace that you want to buy. You can have a wheelbarrow full of money but if there's no food or water where you are, you will suffer from inflation. Learn Modern Monetary Theory (MMT). It explains how the monetary system works.

That's a symptom, not a cause. Lack of adequate resource or supply (as Susan says above) makes the money literally worth less, makes cost rise. Supply chain issues are the reason for the ressession, and our supply chain was fucked by COVID. So if supply is low or scarce, business owners and real estate owners decide individually to raise prices on their goods and services as a means of securing personal security, personal resources. Landlord sees a downturn coming perhaps or they've lost money elsewhere or the neighborhood is gentrifying and cost of living is rising as result...doesn't matter. Rent goes up. Same house, nothing changed, suddenly the rent is higher. Did the landlord CAUSE inflation? No. But he contributes to it. His tenant suffers, but they, a worker, have only their individual belt to tighten. Ultimately it falls on the worker.

@@susanmercurio1060 thank you Susan.

@@matttriano Thanks Matt, Good points.

@@bubs4635 yes, indeed, why must we have oppression, has any society figured this out? Seems like the closest we have got is democratic socialist societies.

Not everyone wants to be married. It's okay if people don't marry. Incels crying because nobody wants to marry them isn't a real issue. If all you do is hate women online, no wonder there's no women lining up to marry.

@@user-zy4wv7yx1z If that were true you wouldn't be calling my house 30 times a day Lucas. Get off your butt and fix it.

@@user-zy4wv7yx1z Dinner and a walk in the park. And no, I don't care what anybody thinks. My position is clear.

@@rigil5477 Bro you need to take your meds, you seem hella unstable. Maybe that's why nobody wants to marry you?

Get your passport. Simple as that!!!

@Ronald Reagan I surely hope they're lies.... nothing lost...if they're not lies, a catastrophic collapse

I believe that was about the time when Nixon made a deal with Saudi Arabia which sent gas prices from $2 a barrel to $40 a barrel. It changed America forever. All inflation is based on oil prices.

@@dianemitchell1717 : Not exactly. Which is why I am going to encourage you to study Modern Monetary Theory (MMT). It is an empirical study of how our monetary system works. I can explain what inflation is, but the experts can do a much better job than I can. Stephanie Kelton and Pavlina Tcherneva have some great videos on RU-vid about it.

RENT FREEZE NOW !!!!!!!!!!

I will add, stop the massive apartment buildings' constructions that resemble German ghettos.

@@orlandoselles7926 yes build communities,apartment owned by corporations,need rent to own,buildings belong to the people that live there

@@awilliams4957 thanks. Rent to own in apartment buildings is no a good idea. Your restricted: pay association fees, you live like canned sardies, put up with other unwelcome tenants, etc. I rent, but I rather pay a house. The government must control the housing market to provide access to anyone who like to own property. Only military personnel enjoy this accessibility and the wealthy.

Ah, Robert Newman's Salvador Dali Magic Checkbook prediction. I agree.

Non-stewardship belief-systems are indeed like a cancer on our world as you assert. I don't think the Earth's higher life-forms will survive our era unless humans realign themselves meticulously and solidly as fact-based planetary stewards. Fantasy based activism breaks that and can make it impossible. It's like the toddler who breaks his toy in hopes it will make his parents will get him another one.

and we need to eat insects and get vaccinated. i hear greta is doing a playboy shoot. onwards and upwards, comrades. lmfao.

How dare you! 🤣 Yeah, that's what we need; more advice from a child.

Greta Thunberg? How old are you?

With their 7.25 an hr? Lol

For that, you need to stop the banks from being greedy. Not all are treaded equally.

Co ops are the future. ✌️

@@ComradeHB yes. You work towards it. Are you still at 7.25 an hour. Do you think you ll keep that pay for the rest of your life

@@orlandoselles7926 yes. Banks need to be held accountable. People can form banks as well

listen to some of his previous podcasts: democracy at work

HIs solution is what Nixon did in the 1971, where he made it illegal for companies to raise prices during recession.

fwiw, we have a very strong leather/wood working culture, a decent but terrifying gun culture, we have the capacity and arguably the need to engage in wildly ambitious projects to prepare ourselves for the effects of climate change and to save our teetering agricultural system. And of course America continues to be popular for tourism and entertainment worldwide. The people in charge of this country have access to supposedly the smartest people, the most experienced professionals, yet they fail (or refuse?) to envision or craft a safe path through this wave of disasters. Our priorities are all incorrect; the highest paying jobs are the most worthless. Their skill is extracting wealth out of us, the people. Our government has a military, it has proven itself to possess the legal mandate to enforce dramatic shifts of wealth, set prices, declare emergencies, and if necessary, exert deadly force. (As seen against BLM, or individuals like Tamir Rice) The solution is a cultural shift of the left. To acknowledge that our traditional avenues of electoral politics are useful to many extents, but limited, we cannot get the job done with this alone. How can the left grow its teeth back, what are our mechanisms to pressure the wealthy and elite puppets? I think every community will have a different answer. Some people make cartoons like The Owl House, in which the main characters experience the good and bad side of institutional learning (and they use this word EXPLICITLY lololol). Everyone can contribute in a different way. We can change each others minds in ridiculously long RU-vid comments (if I'm lucky!).. I know a few folks who think the right choice is to take up arms and to train. It's not for me, I think, but I see the use of that. Because the Right wing is absolutely training, they think it's a fucking game...... So. I think that the question is for you, @Patrik Norsten, because every person comes with a different set of skills, and access to different doors and resources. Different knowledge and perspectives. What are you capable of doing, you alone? What are you capable of doing with trusted friends? Alongside your neighbors? Or coworkers? How bout your Tuesday evening book club? Lol. .. My point is, there are more of us than there are of them. And we are the ones making this society run in the end. If we are all on the same page we can get more done, together, instead of accidentally bumping elbows and sometimes fighting each other. We can focus on fighting the evils of our society but it takes a lot of digging down deep and helping each other help each other

times keep getting tougher too.

he is the bs. lol.

I run a small business. It's hilarious that he thinks I'm in charge of pricing, and NOT the average consumer. If I price too low, my supply is gone overnight. If I price too high, they simply go to competition. Which results in my business going under. The government is literally the only "business" that's allowed to raise prices(taxes) and force their customers(citizens) to pay under threat of violence. It's frightening that some adults still don't understand the basics of economics when it comes to daily business operations.

@@crazyjack2019 I'm sorry. The average consumer is in charge of your prices?

@@matttriano - Yes, consumers vote with their wallets

@@crazyjack2019 The prices are generally set by an oligopoly (normally 3 or 4 of them) of wholesalers but it depends where the choke point is.

peak energy, global warming, the covid pandemic. how much of this bs have you swallowed?

No he wouldn't. I like Wolff sometimes, but there's no possible way he's winning as a 3rd party candidate in 2024. Zero. Unless you mean 2022 in the mid terms? But even then.