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TOP 10 Lies Being Told About the U.S. Economy - Danielle DiMartino Booth 

ITM TRADING, INC.
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Join Danielle DiMartino Booth, CEO and Chief Strategist at QI Research, as she explores how the mainstream and financial media are persuading Americans that their economic hardships are merely figments of their imagination. Emphasizing the importance of recognizing manipulation, through the media's narrative.
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📖 CHAPTERS:
00:00 Danielle DiMartino Booth
01:18 Gaslighting
02:51 American Economic Anxiety
03:43 Declining Job Prospects
05:31 Inflation Takes Many Forms
08:31 Inflation Concerns Sliding
09:43 Household Charge-Offs
12:38 No Job, No Financing, No Home
15:35 Stretched Borrowers Worse Post Pandemic
16:28 Labor Market Recession Underway
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#economy #gold #DanielleDiMartinoBooth

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21 июл 2024

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Комментарии : 190   
@jayak3768
@jayak3768 Месяц назад
Calling out media's disingenuous reporting and hypocritical behavior is a very honorable thing to do.
@XtremePC
@XtremePC Месяц назад
Your children are absolutely right - everyone should know what gaslighting is - one of the main tools of the narcissist
@edwardmclaughlin7935
@edwardmclaughlin7935 Месяц назад
Truth. Those working in the MSM have pretty much given up on objective reporting - they are now mere lickspittles. Use of the term 'gaslighting' is a powerful and accurate way to describe precisely the game being played since what they have been doing to us since March 2020. More than just the untruths we had come to expect prior to this period, we must now stay alert to this more sinister psychological effect being wrought. We must ask ourselves, why and to what end are such widespread practices being carried-on? Here in the UK it's the same thing. What with all the warring that's going on, on top of the dire economic situation, people are resorting to a sort of blinkering-up; discussion is of anything but these matters. But I think silently and in isolation, people know that what is coming is not good. We all know that the chances of things getting better, are zero, despite the back-slapping and the encouraging tones set by those in the media bubble. We literally have the street receipts to refute all of their claims. It's heartening though, to know that there are those really in the know who are with us and 'on it' so to speak. Thank you for speaking out.
@lenac2284
@lenac2284 Месяц назад
Their lying to the public has been going on a LOT longer than that.
@aarondelao717
@aarondelao717 Месяц назад
If you want to know where the term gaslighting came from, watch the movie Gaslight from 1944 with Ingrid Bergman and c Charles Boyer. Great movie.
@commonsense6967
@commonsense6967 Месяц назад
Yup, that's where the term originally came from.
@retiredbees
@retiredbees Месяц назад
Excellent!
@BryanRezendez
@BryanRezendez Месяц назад
My wife works for Farmers Brothers Coffee company. Today they laid off the entire weekend shift. Coffee is a pretty stable industry.
@joechan8549
@joechan8549 Месяц назад
There are 10 Millions jobs waiting
@joeysocks5718
@joeysocks5718 Месяц назад
I LOVE Danielle, always dropping the truth bombs, and NOT gaslighting 👍🏼👍🏼
@Tigornable
@Tigornable Месяц назад
When people are talking about inflation, they are NOT talking year to year. They are talking pre-COVID to present. These mainstream media people like parsing words and give a bunch of "word salad". At the end of the day, people were paying on average pre-COVID $25k for a car and $275k for a home. NOW $55k for a car and $475-500k for a home (excluding all the other items that went up with the 4 year period). That's why people are upset 😠.
@UNDERDOG18UNDERDOG18
@UNDERDOG18UNDERDOG18 Месяц назад
I would never spend $55k on a depreciating asset (car) and I am a millionaire.
@tgoatley
@tgoatley Месяц назад
Bravo Daniella thank you! A well respected, highly educated and intelligent person speaking/telling the truth. You’re added to my list of honest supporters and winners!
@TheSnerggly
@TheSnerggly Месяц назад
Yeah thousands of us tech workers who are unemployed for over 6 months are imagining that the job market is bad. Thank you Danielle for staying on top of this. The media and the government lies to all of us in an election year.
@mahatmadoo2566
@mahatmadoo2566 Месяц назад
Malignant narcissistic sociopaths suck.
@MartymcFly-zz2pg
@MartymcFly-zz2pg Месяц назад
Every single boomer
@dudewhathappenedtomycountr9099
@dudewhathappenedtomycountr9099 Месяц назад
WHERE ARE THE JOBS????? The only jobs listed are for traveling nurses, tons of these ads. Why is that even still a thing? THERE ARE NO JOB OPENINGS BEING ADVERTISED. How is the economy fine?
@bearb888
@bearb888 Месяц назад
Gaslighting!!?? So very true DDB. Here in Alberta (even though we are supposedly the most prosperous province in canada), I will share a story. Recently my truck broke down and I had to have it hauled home. During the trip, chatting with the tow truck driver, he said that he has seen repo's of vehicles triple in the last year. He has to have the sheriff attend each repo with him. Are we being gaslighted here, even in Alberta - you bet!
@Shibafan
@Shibafan Месяц назад
One of the top economists we have. Thank you 🙏Danielle.
@iantownsend7753
@iantownsend7753 Месяц назад
Thank you Daniella for setting the record straight . I ,m a big believer in the term , " lived experience". There is nothing worse when your suffering and you then get told , " ahhh what's your problem ", we have never had it so good" ,. It kind of sets me off .
@ronmcadams7650
@ronmcadams7650 Месяц назад
Danielle is correct. Prices at the stores are not falling. Just not rising quit as fast as they were. Point is, they are still rising. Smart lady and pretty too
@c-burgpatriot2321
@c-burgpatriot2321 Месяц назад
I 100% agree with the gaslighting notion and have posted on social media numerous times to the fact. I would love to see DDMB brought on as an economic advisor to future President Trump, as she is as smart as they get!
@GingerPeacenik
@GingerPeacenik Месяц назад
I have a buddy who lost his career of 35 years to AI. He's a hard worker, intelligent, totally dependable, a wife and three kids, but he's also over 50. He's applied for nearly every job that he can find an advertisement for; those related to his former career, plus retail, hotel staff, flight attendant, bus driver, you name it. IF he gets a reply, it's almost always "you're overqualified".
@ugoturco8423
@ugoturco8423 Месяц назад
Good! Needed to be reminded to be aware of the noisy obstructions of main stream media .
@1111OOOOI
@1111OOOOI Месяц назад
Economic gaslighting is exactly right
@sewnsew6770
@sewnsew6770 Месяц назад
If you work in tech and you personally see the layoffs in your office and know they have months of severance And you know it’s tough landing another job
@danielhutchinson6604
@danielhutchinson6604 Месяц назад
All industries appear to be facing some slim pickings. The Cash to pay Workers seems to be hard to find?
@Myscentsei
@Myscentsei Месяц назад
Unemployment check collection is low. Unemployed without collecting is extremely high. App gigs are even higher.
@wanderingquestions7501
@wanderingquestions7501 Месяц назад
It’s basically being controller thru propaganda. It’s becoming more and more prevalent in our media. Once one recognizes it one realizing it is everywhere in the USA
@davidborras8602
@davidborras8602 Месяц назад
Gast lite is a nice of saying lied to
@roccoforte6889
@roccoforte6889 Месяц назад
Indeed the vocab used by paid out financial presstitutes !
@lauragraves2948
@lauragraves2948 Месяц назад
Well it’s even further than being lied to, it’s deeper than that. Being lied to so much that they are literally altering your perception of reality and making you question yourself. It’s like a complete mental distortion after so much constant lying. It’s abuse.
@HoneyBadger80886
@HoneyBadger80886 Месяц назад
Re Teenagers... and gaslighting. Most excellent observation. Persistent and skewed. Chaos-merry-go-round. I ty for teaching them well. Brava !
@paulaballetdancer4432
@paulaballetdancer4432 Месяц назад
Thank you! Your presentation was so reassuring and comforting. 🌱
@user-bz8dv3lx5x
@user-bz8dv3lx5x Месяц назад
My company just defaulted "extend and pretend" owned by Private equity. leveraged the company to the gills to acquire competitions etc Bit over a billion in debt.... and I am sure nothing in the bank. Read the credit report after the selected default and extending out maturity a year. 50 million revolver only 5 million left. Small/medium business are screwed.
@stevestojanovich3105
@stevestojanovich3105 Месяц назад
The unemployment rate @3.5% does NOT INCLUDE SHORT TERM AND LONG TERM UNEMPLOYED. The REAL RATE IS OVER 20%. That's gaslighting.
@kane7346
@kane7346 Месяц назад
No one really talks about 2019 and the economy. Glad Danielle brought it up. The repo market was getting cash dumped into it bc the banka were losing cash. Kind of wild to understand how that was happening pre pandemic.
@margator1036
@margator1036 Месяц назад
A big bifurcation is happening and no gaslighting can disguise what those at the lower end of the economy are experiencing, a 40 to 50% reduction in their purchasing power. Those at the top gained significant wealth. A tale of two Americas.
@MrPatrick1414
@MrPatrick1414 Месяц назад
In the early 80s when interest rates rose over 15%, wages also rose to keep pace and there was less debt in the system. Today wages are stagnant and consumer debt is through the roof...even a single percent increase is close to unmanageable
@sbain844
@sbain844 Месяц назад
Deflation is not coming, Danielle should stop listening to Lacy Hunt on that point. Stagflation is coming first, and it only gets worse after that.
@BenBass00
@BenBass00 Месяц назад
Where should she go to listen to you?
@mr.g1758
@mr.g1758 Месяц назад
At some point a debt collapse will ensue. That's when the depression/deflation will come.
@sbain844
@sbain844 Месяц назад
@@mr.g1758 Nope, the recession (which may well already be here) is front run by supply side contraction. The government/Fed will print and spend to infinity to delay any debt crisis, and ultimately they will inflate govt debt away (which means inflating middle class pensions away). Inflation can always be blamed on 'greedy' capitalists rather than accepting any blame for incompetence or corruption...
@mr.g1758
@mr.g1758 Месяц назад
@@sbain844 I understand your idea but interest on debt was $450 billion three years ago. It's $1 trillion now. In three more years one half of our debt matures and it will reprice from 1% to 5%, which will add another $700 billion to the tab. It's rising faster than they can service, and will be the largest budget item by then. They will try inflating it for a while but compound interest will outstrip our ability to keep kicking the can down the road. It's going to be ugly and take years to recover.
@sbain844
@sbain844 Месяц назад
@@mr.g1758 You're on the right track, and I agree that the debt will become impossible to service. However, you seem to think that this will lead government to do the responsible thing and cut spending to get the budget deficit (and debt accumulation) under control. I believe that we are already far beyond the point of no return on that. It's really just a matter of how the government will default on its debt. It could simply refuse to pay, or it could nominally pay by printing new money (accepting the sky high inflation that would follow). Inflation erodes the value of bonds - these are not like commercial loans with variable interest rates, they have fixed rates (called coupons). You may have heard of rising yields on long bonds, but those yields do not rise because of rising bond 'coupons', they rise indirectly via the value of the bond falling. This is always how governments get rid off their debts when they get out of control. If they do the right thing and cut the deficit, you will be right and a deflationary recession will follow - but don't bet on that happening.
@yomaiiraa
@yomaiiraa Месяц назад
I've been doing this for almost a year nw, can't thank u enough man
@mktwatcher
@mktwatcher Месяц назад
Very interesting Video DDM. Thank you for sharing
@Tony-lb5eg
@Tony-lb5eg Месяц назад
Thank you Daniel for the time you spend for the people ,really needed 🙏🙏🙏
@sewnsew6770
@sewnsew6770 Месяц назад
If you have a grocery bill and rent and auto insurance you know things are terrible
@13calpal
@13calpal Месяц назад
I love your database approach towards explaining the status quo. Your book was phenomenal, I don’t know if you’ve got anything else in the works, but I’m excited to hear if anything else is coming along!
@user-wz7fo7bt2o
@user-wz7fo7bt2o Месяц назад
Superb content Thank you from West Texas
@judithwake2757
@judithwake2757 Месяц назад
We are in recession according to it's original deffinition.
@sewnsew6770
@sewnsew6770 Месяц назад
Movie stars Ingrid Bergman
@moro836
@moro836 Месяц назад
This is amazing. Great success up to this point. Am looking forward to 0 risk of gas fees when testing.
@bijayvlog283
@bijayvlog283 Месяц назад
When you think you know everything about cryptocurrencies, UNIMANTIC PROTOCOL comes along and says, 'Watch how it's done, baby!
@kingdang855
@kingdang855 Месяц назад
Great content
@stephenpittman4291
@stephenpittman4291 Месяц назад
Seniors on SSA retirement are screwed… how are all the lucky few gonna cope tripping over the 70 to 90 year olds squatting on the sidewalks… oh, wait, they don’t need to exit their gated enclaves - there’s a gig service for all their needs
@tomsoltess6636
@tomsoltess6636 Месяц назад
Welcome to the great awakening. We have been living in a lie all our lives.
@nadie2795
@nadie2795 Месяц назад
Gaslighting? Oh yeah... the Fed, Treasury, etc., are not political.
@goldensilver793
@goldensilver793 Месяц назад
Thank you Danielle...
@kamalhurree6480
@kamalhurree6480 Месяц назад
Thanks for educating me Danielle. I’ve heard the term being used a lot recently, but never quite understood its actual Meaning.
@detectiveofmoneypolitics
@detectiveofmoneypolitics Месяц назад
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
@ALF-wh6in
@ALF-wh6in Месяц назад
Christ it's called being lied to
@HEOEvgeny
@HEOEvgeny Месяц назад
Thank you for your wisdom and insights
@bibizanon
@bibizanon Месяц назад
Many thanks for this ??
@caroledoerr6872
@caroledoerr6872 Месяц назад
There are 4 generations alive today. When people say the economy is good, I say you have to ask "Whose economy!"
@orangepill1225
@orangepill1225 Месяц назад
You are a legend, please replace our politicians with your intelligence
@jorgeantoniochaimbravo1650
@jorgeantoniochaimbravo1650 Месяц назад
Hello from Cuernavaca, Mex
@saddle8bag
@saddle8bag Месяц назад
We used to call it "misleading you" "fooling you" or "pulling one over on you." "Gaslighting ewe" is a way to cook sheep. Silly words made up by college professors with a paper to publish.
@ForrestGunt
@ForrestGunt Месяц назад
It was made popular in 1939 with the release of the film "Gas Light".
@danielhutchinson6604
@danielhutchinson6604 Месяц назад
"Leading You down the Garden Path." We could list the terms used to define ho easy it is to redirect People. They get paid pretty well to keep the wicks trimmed. Politics provides a quarter of most Media revenue. $15+ billion dollar Electoral Industries seem to distribute cash? If you are caught seeking answers, they can throw you on the Crap House.
@UNDERDOG18UNDERDOG18
@UNDERDOG18UNDERDOG18 Месяц назад
Nope. It’s a movie!
@danielhutchinson6604
@danielhutchinson6604 Месяц назад
@@UNDERDOG18UNDERDOG18 Pass the Popcorn?
@theoldguy9329
@theoldguy9329 Месяц назад
Infòrmative, thank you. I wonder what he unemployment rate is in all the tent cities -- I suspect they don't count, especially in an election year. Those area goid indicator of a failec /failing economy
@Stonewaller
@Stonewaller Месяц назад
It’s abusive. The system is narcissistic as presented. To the point it’s called “the IRS”. Spell that out. The irs. Theirs. Abusive.
@brianb6957
@brianb6957 Месяц назад
F the IRS.
@gregcapella5941
@gregcapella5941 Месяц назад
THANKS
@SYNERSTAR
@SYNERSTAR Месяц назад
... how many jobs did the Briben admin add to the public sector... I million...? There's sumpn' goin on, and it ain't the economy
@MrPatrick1414
@MrPatrick1414 Месяц назад
The US has a printed economy and stock market. If not for FED liquidity it would all crumble
@margator1036
@margator1036 Месяц назад
Prices rose 20-30 % 2 years in a row. Wages not any where near that much. For those at the bottom who live pay check to pay check they bear the full effect of those increases. Food, rent , energy, insurance and tansportation the highest increases. Inflation a stealth tax on everyone.
@pollywollydo
@pollywollydo Месяц назад
“ The Graun”. 😹😹😹😹😹 regards from Olde England 🏴󠁧󠁢󠁥󠁮󠁧󠁿🇺🇸🏴󠁧󠁢󠁥󠁮󠁧󠁿
@KL-nj9oe
@KL-nj9oe Месяц назад
Make felonies great again!
@frankdattilo1836
@frankdattilo1836 Месяц назад
Informative
@SmokyPemberton-te5oq
@SmokyPemberton-te5oq Месяц назад
You are radiant, as usual.
@istvanpraha
@istvanpraha Месяц назад
I own individual stocks and had almost no growth this year (ok there was a little growth but WAY behind the indexes). Talking utilities, big food, some pharma.
@wastedwhiteboy2462
@wastedwhiteboy2462 Месяц назад
The jus don't want us to know who controls this crash.
@brianb6957
@brianb6957 Месяц назад
End the system. End the insanity.
@Life_with_Darnell
@Life_with_Darnell Месяц назад
You think the bond market will crash?
@Joel-sw1lj
@Joel-sw1lj Месяц назад
Thx
@donaldwright6191
@donaldwright6191 Месяц назад
Precious metals are the original antithesis of any paper currency. A percentage calculation between the price of yesterday and the price of today tells a very sobering truth.
@wanderingquestions7501
@wanderingquestions7501 Месяц назад
It’s about strip-mining wealth out of the people and passing that up to the top; leaving people only enough to continue consuming.
@simoncabral1004
@simoncabral1004 Месяц назад
I find you to be more interesting when your speaking alone as opposed to being interviewed…I learnt more…about you and realised I had heard the term gaslighting so many times but hadn’t bothered to look up exactly what it meant…although had a rough idea…
@peterfischer4019
@peterfischer4019 Месяц назад
The term gas lighting comes from a 1944 movie called "Gaslight". Starting Ingrid Bergman. Good movie
@user-lp8zm9cj5t
@user-lp8zm9cj5t Месяц назад
The pay check cannot keep up with the rise of inflation. 😢
@droidgunner3840
@droidgunner3840 Месяц назад
Economy is flourishing
@caroledoerr6872
@caroledoerr6872 Месяц назад
If inflation was measured with the same items measured in the CPI in the 1980's, there would be less gaslighting. The CPI does include food, fuel and rents--everything that is increasing for the people--not the corporations or the wealthy. Also what the FED measures has a "lag effect!"
@BBookman713
@BBookman713 Месяц назад
We are technically in a recession and the government redefined the terms of a recession. This is the most ultimate form of gaslighting.
@Medicus-z7p
@Medicus-z7p Месяц назад
The Majority of people dont care......yet.
@friendsforever5012
@friendsforever5012 Месяц назад
Over one million bankruptcies last year.
@droidgunner3840
@droidgunner3840 Месяц назад
The event is doing well not great just well
@erikbusenbark4865
@erikbusenbark4865 Месяц назад
It's 1984!
@superstar5123
@superstar5123 Месяц назад
paper fiat currencies are the issue! paper is poverty
@robmcgriff
@robmcgriff Месяц назад
Would
@802Leith
@802Leith Месяц назад
But the inlayed house peices have plumped loan to value stemming foreclosures its BS
@bablirana9043
@bablirana9043 Месяц назад
Interesting, but this video forgot to mention the most powerful project - UNIMANTIC PROTOCOL
@jimdrums4life499
@jimdrums4life499 Месяц назад
Hmmm, NE Ohio hete- there are NO single family housing rentals available in the $1600- $2000/mo range- so its either $2500 for a super nice house or luve in the slums. Another microcosm of the destruction of the middle class?
@DarlaPenados-rp1ss
@DarlaPenados-rp1ss Месяц назад
100% your kids are right
@markusfrey4256
@markusfrey4256 Месяц назад
...it's about pointing at the fake thief you should look at so the real one can rob you.
@barrywagoner5191
@barrywagoner5191 Месяц назад
I call BS. No way she was unfamiliar with gaslighting until recently
@blumaxx1
@blumaxx1 Месяц назад
Rise in Inflation,, Is over 25% I'm not sure where you come up with these numbers but I suggest you re-evaluate your value system we people that are paying the price know the cost of inflation,,, Or you're pulling these numbers out of your ass Just like the government does
@garysbraccia4980
@garysbraccia4980 Месяц назад
Our government lies to us ???? No really ?😂
@bonniegettingthrumyday2866
@bonniegettingthrumyday2866 Месяц назад
Demons leading demons- we know who got the Ukrainian billion$
@scottbradley5760
@scottbradley5760 Месяц назад
Plenty of job's but they don't pay a living wage.
@Casey-qm1nd
@Casey-qm1nd Месяц назад
Easy money over an extended period has conditioned people to be weak. Slight pain feels like the end of the world if you don't have a backbone. The loss of purchasing power sucks. However, government funded media and news articles that are sponsored by banks will make the pain seem a multitude worse. Why do they do this? Because it is in the governments/banks best interests for rates to be cut. Who's expense does this come at? The middle class and the poor. Danielle also uses financial gaslighting too. She makes it seem like the sky is falling. If you think this is pain, you haven't seen nothing yet. Americans have had it so easy for so long that they don't even know what pain means. CPI and the ever changing basket/weighting of goods/services is another form of financial gaslighting that understates real inflation.
@BernardPorter-cw7ff
@BernardPorter-cw7ff Месяц назад
The Guardian is well-known for that practice here in the UK. Sponsored by guess who?
@philtaylor1672
@philtaylor1672 Месяц назад
The more stupidity is repeated the more it has the sense of wisdom.
@Popnpoff
@Popnpoff Месяц назад
✨️🇺🇸✌️
@istvanpraha
@istvanpraha Месяц назад
uh oh, she pulled out the huge glasses
@pj_ytmt-123
@pj_ytmt-123 Месяц назад
Oooh recommend video from another channel relevant to the topic GOT CENSORED.
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