How Inflation Precipitates Societal Collapse

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Academy of Ideas

Academy of Ideas

Жыл бұрын

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Пікірлер: 2 600
@academyofideas
@academyofideas Жыл бұрын
Knowledge is Power. Become a Supporting Member and access 69 videos available only to members! - academyofideas.com/members
@AUMINER1
@AUMINER1 Жыл бұрын
biden says inflation is a great thing really, and we need much more of it
@star_duck
@star_duck Жыл бұрын
Nice
@gravity00x
@gravity00x Жыл бұрын
nice
@AGTheOSHAViolationsCounter
@AGTheOSHAViolationsCounter Жыл бұрын
Nice
@whykoks
@whykoks Жыл бұрын
Bitcoin
@NicholasBall130
@NicholasBall130 Ай бұрын
The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 2nd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
@StocksWolf752
@StocksWolf752 Ай бұрын
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
@EleanorBaker474
@EleanorBaker474 Ай бұрын
Very true, you can be passively involved in the markets and still amass wealth-gains using an investment advisor. I first dabbled in stocks late 2019, just before the pandemic, and that same year gained over 150% with no prior investing experience, basically all I was doing was following directions of my advisor. We are working on a retirement ballpark of $3m and I’m certain my goal isn’t farfetched after subsequent investments and tremendous returns so far.
@StacieBMui
@StacieBMui Ай бұрын
Could you kindly elaborate on the advisor's background and qualifications?
@EleanorBaker474
@EleanorBaker474 Ай бұрын
The advisor that guides me is Sonya lee Mitchell, most likely the internet is where to find her basic info, just search her name. She's established.
@crystalcassandra5597
@crystalcassandra5597 Ай бұрын
I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.
@raynoldgrey
@raynoldgrey Жыл бұрын
Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.
@danieljackson87
@danieljackson87 Жыл бұрын
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.
@danieljackson87
@danieljackson87 Жыл бұрын
@Davies McCamey I encountered Ruth Loralann Brennan through a CNBC interview, and I emailed her. She is guiding me. Since then, she has given me chances to buy and sell the stocks in which I'm interested. You can hunt her up online if you require care supervision.
@andrewlogan7737
@andrewlogan7737 Жыл бұрын
@@danieljackson87 Insightful... I was curious after reading what you shared, so I Googled her name. I came across her webpage.
@Dubbadizzo86
@Dubbadizzo86 Жыл бұрын
It not only affects their cost of living, but affects the value of their savings too. If you have 10k in the bank, that may buy you more now than that same 10k in the future after inflation. It literally is an invisible tax on the people.
@dont_hit_trees
@dont_hit_trees Жыл бұрын
Uhh, you appear to be old enough to have lived through the 80’s. Inflation was 2-3x higher than it is now. Somehow you survived.
@farticlesofconflatulation
@farticlesofconflatulation Жыл бұрын
“Paper is poverty, it is only the ghost of money, and not money itself.” -Thomas Jefferson
@sammyd7857
@sammyd7857 Жыл бұрын
Just like licences are turning people into ghosts
@Elazar40
@Elazar40 Жыл бұрын
Currency is printed... MONEY is minted. Whereas currency is a conveyance of a claim upon value, MONEY is THE VALUE. Only with true MONEY, may a value-for-value exchange be made. For decades now, what is called MONEY and DOLLARS are neither.
@druidmechanics
@druidmechanics Жыл бұрын
From Jefferson to Carrington, 1788: "There are rumours that the Austrian army is obliged to retire a little; that the Spanish squadron is gone to South America; that the English have excited a rebellion there, and some others equally unauthorized. I do not mention them in my letter to Mr. Jay, because they are unauthenticated. The bankruptcies in London have recommenced with new force. There is no saying where this fire will end. Perhaps in the general conflagration of all their paper. If not now, it must ere long. With only 20 millions of coin, & three or four hundred million of circulating paper, public & private, nothing is necessary but a general panic, produced either by failure, invasion or any other cause, and the whole residuary fabric vanishes into air & shews that paper is poverty, that it is only the ghost of money, & not money itself. 100 years ago they had 20. odd millions of coin. Since that they have brought in from Holland by borrowing 40. millions more. Yet they have but 20 millions left, and they talk of being rich and of having the balance of trade in their favor. Paul Jones is invited into the Empress’s service with the rank of rear-admiral, & to have a separate command. I wish it corresponded with the views of Congress to give him that rank from the taking of the Serapis. I look to this officer as our great future dependence on the sea, where alone we should think of ever having a force. He is young enough to see the day when we shall be more populous than the whole British dominions and able to fight them ship to ship. We should procure him then every possible opportunity of acquiring experience."
@jRex918
@jRex918 Жыл бұрын
Thomas Jefferson knew all this stuff 200 years ago. And yet the people of today have no clue.
@Nestoras_Zogopoulos
@Nestoras_Zogopoulos 8 ай бұрын
@@Elazar40 so you're just gonna ignore how the gold standard collapsed huh.
@MRCHUPA
@MRCHUPA Жыл бұрын
It’s so terrible watching history like this play out in real time. It doesn’t matter what party is in power, they both agree that money printing is a policy to uphold, and while they all continue to grain incredible wealth and power, us working people are left steadily growing poorer and more dependent on them for the crumbs they throw us. It’s very disheartening. I can’t imagine the level of greed and corruption these people embody.
@swnorcraft7971
@swnorcraft7971 Жыл бұрын
It is time for the masses to unite, first in agreement on the problem......then to agree on what to do about it.....and finally to act! Since the control of the monetary system is out of our hands, we need to tell them to keep their Dollar and we will create our own currency and take control of it's value into our hands and out of theirs..............
@vaibhavsingh4200
@vaibhavsingh4200 Жыл бұрын
It's same in every nation, and when you read economy books they say inflation is good for economy. In India govt maintains an inflation rate of 4-6% currently it is above 7%. It means govt doesn't want inflation to go below 4%. Our money is being devalued every year, because this is govt policy.
@GAMLAPATTE
@GAMLAPATTE Жыл бұрын
We are letting them do it. We'll, YOU are letting them do it, if you want government. The only way out is to let go of the idea of having rulers.
@davideldred.campingwilder6481
@davideldred.campingwilder6481 Жыл бұрын
The same level of greed and corruption we all enjoy. Let's face it, we are like consuming parasites eating the host (Mother Earth). It's the Government's job to wipe us out.
@brynleytalbot778
@brynleytalbot778 Жыл бұрын
Listen to these ideas channels and you find why situations reoccur. Three percent of the population think up new ways of doing things and prosper handsomely whilst ninety seven percent of the population work for them. Within that larger percentage there are vast differences in pay and those who judge themselves to be of greater value and push recompenses upwards at every opportunity thereby creating inflation. At the bottom of that large percentage crumbs are thrown with derisory rises creating pockets of poverty and those earning simply to exist in order to serve the marginally better off who’ve taken out value they don’t merit. There will always be rich and poor who deserve such positions, however indifferent or callous that sounds. It’s the mass in between who define our governments to perpetuate their position and valuations of their often dubious contributions to prosperity. Was it, and is it now, the exponential growth of a middle that’s the cause of every civilisation collapsing? Recall that Rome eventually had no work due to the vast slave population so the dole became the norm and debauchery and depravity followed, bringing the civilisation to its end. As our populations increase and the West outsources dirty tasks to slavery it turns a blind eye to, for instance China and India, is it repeating the mistakes of the Roman Empire? It’s not just money printing that brought the Empire down. The East may be rising to dominate the world as the West sinks under its neo liberalism.
@iyziejane
@iyziejane Жыл бұрын
Inflation is slavery, bankers print money while most people work for it. I used to press economists about why inflation is inevitable, but never found one who knew (or would admit) the big picture. This is because inflation is a mechanism of enslavement, and the economists I spoke to were themselves enslaved. It's all very obvious to those who pursue the question to its conclusion, but most people remained chained since birth watching shadows on the wall.
@chrismay2298
@chrismay2298 Жыл бұрын
They LOVE their enslavement.
@lightinthedarkness5606
@lightinthedarkness5606 Жыл бұрын
Exactly
@Nasherize
@Nasherize Жыл бұрын
Austrian economists like Mises + Hayek have made this case, quite extensively. Sounds like you were talking to Keynesians and Monetarists
@elinope4745
@elinope4745 Жыл бұрын
Imagine a growing multigenerational family on a homestead. As the family grows they must compete for limited resources more or they must become more efficient. Imagine many of these family homesteads with growing families for many generations based on unsustainable levels of efficiency. That is the ground situation, if anyone truly at fault is alive today, they are very old.
@oldmanfromscenetwentyfour8164
@oldmanfromscenetwentyfour8164 Жыл бұрын
Banks don't print money, the Government does.
@painandsuffer
@painandsuffer Жыл бұрын
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...." Thomas Jefferson
@sizzlinbacon21able
@sizzlinbacon21able Жыл бұрын
It's Thomas Jefferson's way of saying, "You will own nothing and be unhappy." Contrary to the WEF and Klaus Schwab saying "You will own nothing and be happy." The Founding Fathers were prophets.
@ashleeallen8875
@ashleeallen8875 Жыл бұрын
“Ever allow” is what gets me. Who really made that choice for us? Not us!
@sizzlinbacon21able
@sizzlinbacon21able Жыл бұрын
@@ashleeallen8875 Yep, but now it you try to prevent it, you're thrown in jail. The government has a monopoly on violence and will not hesitate to use it against you if you step out of line.
@solomongrundy1467
@solomongrundy1467 Жыл бұрын
@@ashleeallen8875 Our dark overlords made that choice.
@GuinessOriginal
@GuinessOriginal Жыл бұрын
And yet everyone who says they need a gun to protect themselves from a tyrannical government do nothing
@Carson272
@Carson272 Жыл бұрын
It is gone, we lived through the zenith of our time. These bourgeoisie individuals in tandem with the corrupt govt. will take down this country like what happened to Rome. My condolences to anyone approaching retirement, you may have concerns over whether your pension pot will stretch to cover the rising cost of living, bad regulatory policies, bad energy policies and insane fiscal policies
@Carson272
@Carson272 Жыл бұрын
@Annabella Butler I can relate to your current dilemma first hand, well I began with EMILY CLAIRE SERVICES who is a fiduciary financial advisor and my gains were quite guaranteed. In similar situations, I will always recommend hiring such an expert to guide you through the unpredictable market and simply provide you with indicators and tactics for determining when to join and exit the market
@Carson272
@Carson272 Жыл бұрын
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@Carson272
@Carson272 Жыл бұрын
@Annabella Butler even at retirement I've lots of investment with Ms Emily Claire Services;made over $132,400, in coins and property. put your money if you're ever going to escape the 'rat race"
@Carson272
@Carson272 Жыл бұрын
@Annabella Butler You can look her up online she's renowned and has quite a following you wouldn't have a hard time finding her
@Carson272
@Carson272 Жыл бұрын
put EMILY CLAIRE SERVICES in your favourite search engine
@mikewallis2987
@mikewallis2987 Жыл бұрын
It's not a blunder..It's highly intentional.
@wood_stone_iron
@wood_stone_iron Жыл бұрын
"Zu vill own not ting, and zu vill be hoppy." - Cotton Swab of the World Exploitation Forum
@kody1654
@kody1654 Жыл бұрын
You overestimate the intelligence of humanity.
@OneTribe.Community
@OneTribe.Community Жыл бұрын
@@kody1654 quite the contrary… if more were aware that these principles of economics & cycles of civilization can and are being manipulated to further control, then we wouldn’t be so foolish to confuse a conspiracy for random chaos, corruption or incompetence.
@justincosby2258
@justincosby2258 Жыл бұрын
Its both. Some leaders knew, and some are simply too stupid. I think it was always going to take a clueless ignorant fool to break the debt based system and thats what we have now. But it was always inevitable after leaving the gold standard.
@mikewallis2987
@mikewallis2987 Жыл бұрын
@@kody1654 Who says it's human intelligence at play? Well, That's hubris for you.
@justsomeguy2943
@justsomeguy2943 Жыл бұрын
THIS, is just another reason why history matters. EXCELLENT work!
@maximilianomadrigal6661
@maximilianomadrigal6661 Жыл бұрын
Zambia inflation, Hungary inflation, those countries still exist, Germany had terrible inflation and that didn't collapse, at worst you can say it lead the Nazis to power. This is the dumbest video it has literally killed my brain cells.
@stevenyee1055
@stevenyee1055 Жыл бұрын
Yup, else we're doomed to repeat it..
@cagneybillingsley2165
@cagneybillingsley2165 Жыл бұрын
the inflation problem has been solved by bitcoin. why won't normies adopt it?
@DeFiSiYT
@DeFiSiYT Жыл бұрын
@@cagneybillingsley2165 Better than Bitcoin are the new Web3/DeFi projects such as Drip Network, Animal Farm and another that is launching soon, BankX. Putting the power back into the hands of the people!
@wojohowitz5432
@wojohowitz5432 Жыл бұрын
Yes History matters, but zoom in and understand that even though the economies burned to the ground many times, the E'lites and select $#itbags profited immensely each time. The poor and middle class always perish and suffer the most. Its being done again, deliberately, because it worked so well for the E'lites in the past. The largest transfer of wealth IN HISTORY is playing out right now.
@Bombadil-ez9ns
@Bombadil-ez9ns Жыл бұрын
We've been hearing "kicking the can farther down the road" for decades. We couldn't do it forever. This was always inevitable. We're probably living through the last efforts to delay the consequences of our prosperity.
@nil981
@nil981 Жыл бұрын
Prosperity is an illusion.
@dreamingacacia
@dreamingacacia Жыл бұрын
only abundance can save us.
@jimyoung9262
@jimyoung9262 Жыл бұрын
If by "we" you mean the criminals in charge of the State, then I agree.
@julian_hesse
@julian_hesse Жыл бұрын
As long as the road does not end you can continue to kick the can… What do you want to say?
@everybody21990
@everybody21990 Жыл бұрын
Actually, "they" knew this from the onset. Melissa Ciummei has said the fiat system can only mathematically last until 2028. It would explain the infamous slogan for 2030 "You will own nothing and be happy". The catch is, neither will they if we don't submit to their dystopian digital ID and currency.
@carter3294
@carter3294 Жыл бұрын
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.
@floxydorathy6611
@floxydorathy6611 Жыл бұрын
@Bill If you are not conversant with the markets, your best bet is to get you some kind of advise or assistance from a consultant/investing coach. It might sound basic or generic, but getting in touch with a consultant was how I was able to stay afloat the market and raise my portfolio to about 65% since Jan. For me, its the most ideal way to jump into the market these days.
@kurttSchuster
@kurttSchuster Жыл бұрын
@@floxydorathy6611 please who is the consultant that assist you with your investment and if you don't mind, how do i get in touch with them?
@floxydorathy6611
@floxydorathy6611 Жыл бұрын
@@kurttSchuster
@kurttSchuster
@kurttSchuster Жыл бұрын
@@floxydorathy6611 Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@AUniqueHandleName444
@AUniqueHandleName444 Жыл бұрын
@Kees Jan No one can survive alone. We all have to rely on others. It's simply a matter of what form that reliance takes. If you can band together and buy property, keep your expenses low, and come to each other's aid in mutual defense, you will be much better off than you would otherwise be. The most basic form of this is the nuclear family. The specialization of labor between the one keeping the home and providing meals from cheap ingredients alone is quite enormous.
@TheLuminousOne
@TheLuminousOne Жыл бұрын
It's almost as if the powers of this world want our world to collapse. All goodness and wisdom seems to be lost in this age. Times are wicked as they are terrifying.
@alrinaleroux9229
@alrinaleroux9229 Жыл бұрын
It is indeed an intentional collapse. Satan and his cohorts are behind it, and they are ruthless. Deceived people are their instruments. ("Our struggle is not against flesh and blood ..." -- Ephesians 6.) With regard to "terrifying" times, Jesus told us in Matthew 24, "You will be hearing of wars and rumors of wars. *See that you are not frightened* , *for those things must take place* , but that is not yet the end. For nation will rise against nation, and kingdom against kingdom, and in various places there will be famines and earthquakes. But all these things are merely the beginning of birth pangs." We need to be able to function, so we need to resist fear and trust in God (the God of the Bible, the only true God). It might be a good idea to regard it as an adventure (like David did when he ran to meet Goliath). Wishing you all the best!
@pokegurl123456
@pokegurl123456 Жыл бұрын
They do, this is all intentional.
@CameronRoses
@CameronRoses Жыл бұрын
They do. Satan is pulling all their strings because Satan hates mankind and wants to destroy it. Jesus is coming very, very soon. All that is happening is exactly how Jesus said it would happen.
@elisteele574
@elisteele574 Жыл бұрын
it's almost like money is literally just an idea and we could use a different idea to base our society on. Or we could just keep using money and stay under the heel of those with all of it.
@sherpashane1240
@sherpashane1240 Жыл бұрын
In collapsing the economy globally, is when the new world order will be able to take over.. It's all planned, it's all intentional. Look up agenda 21 and you'll see that China is listed as the beginning of all our problems with the virus, Or something similar. It's all intentional.
@shingnosis
@shingnosis Жыл бұрын
Printing money is a choice between facing hardships now or later. Individually many of us prefer to face our hardships head on, but as a collective we invariably choose to let tomorrow worry about itself. This holds true for many things about humanity and society.
@malibudolphin3109
@malibudolphin3109 Жыл бұрын
Do more research Your claim of inevitable hardships are not necessarily inevitable when you stick to being a republic and a capitalist Society which frees people from poverty and hardships more than any other system
@klausineliebtpeter
@klausineliebtpeter Жыл бұрын
and the natural law of making problems worse/sum up with avoiding them applies too. ive found that whatever deficites you have, you will face them eventually in everything you do. you can choose to overcome them or quit and you will just face them down the road in another form.
@fender4473
@fender4473 Жыл бұрын
So that’s why credit cards are so enticing
@alrinaleroux9229
@alrinaleroux9229 Жыл бұрын
Because of apathy and inertia (laziness, cowardice), hoping someone else would solve the problems on our behalf? I think "invariably" is taking it a bit far -- there could be an exception (with God's help -- that is the God of the Bible, the only true God).
@troutwalker475
@troutwalker475 Жыл бұрын
This is true. COVID is a great example of this idea - most people I know who denied the severity and refused the “vaccine” are practical, hardworking and responsible. They were done with COVId before it started you can say. Sadly, the rest of society, particularly boomers, ruined it for the rest of us, prolonged the ordeal for two years, allowed governments around the world to take advantage of others, vilified individuals for not following their status quo, all of which leads into this inflationary period we have today. To make matters worse, left-wing liberals don’t see to understand or care for monetary policy, so do yourself and everyone a favor and don’t vote democrat moving forward.
@MrInternetInfinity
@MrInternetInfinity Жыл бұрын
Inflation is a simple form of theft. Always love these vids!
@Papagiorgio153
@Papagiorgio153 Жыл бұрын
Taxation on savings
@rileybazan9747
@rileybazan9747 Жыл бұрын
@@JoshuaRockyLizardi not really, if someone worked to provide those things you need to live, they should be compensated.
@GameFuMaster
@GameFuMaster Жыл бұрын
@@Papagiorgio153 you going to complain to nature about your food growing moldy too? Inflation is a necessity when dealing with a medium to represent value. Your house will crumble, your car will rust, your food will spoil. Stagnation mostly doesn't exist (save for some resources), and deflation is the worse than inflation.
@Papagiorgio153
@Papagiorgio153 Жыл бұрын
@@GameFuMaster Yeah, thats why money was originally backed by things like gold, not food and wood genius. I never said inflation wasn't necessary for a functioning economy, but when you have tender that is backed by nothing but a central bankers promise, it leads to things like hyperinflation, corruption, and disparity.
@GameFuMaster
@GameFuMaster Жыл бұрын
@@Papagiorgio153 then why label it as a "taxation on savings", when it's really a reflection of real life. And being backed by gold might have worked long ago, but gold is a relatively limited resource, which also has real world uses, i.e. electronics; which will lead to deflation.
@Userfifteen
@Userfifteen Жыл бұрын
From philosophy to economics, this channel has given me much to think about
@Ryanowning
@Ryanowning Жыл бұрын
No it doesn't. It ignores 1500 years of history in order to make the dumbest take possible. 2% inflation rates are STRONGLY desirably for economies for damn good reasons, but sure, lets ignore the over 200 economies that all gravitate to 2% inflation because economies are subject to evolution; weaker economies die off and stronger ones prevail.
@halburd1
@halburd1 Жыл бұрын
yet he ignored the bible which wrote about this exact time 2 and 3 thousand years ago! yet he ignores it. it is NOt a financial blunder. it is being done on purpose! all described in the bible!
@razzberry1262
@razzberry1262 Жыл бұрын
@@Ryanowning The economies that have been gravitating toward the "2%" inflation are currently where we are at. Inflation is highly desirable for "Government Spending" because it cheapens debts. However, it requires constant growth, where Free Market capitalism does not require such continual upward tragectory. There is nothing in the universe that says the govt must spend anything or stimulate anything, except the people who want to bypass the market and get cash directly from the tax coffers. And the 2% bench mark is less than 100 years old. And 150 years ago we still believed in the Labour Theory if Value. All horse shit. Keynesianism, Neo Keynesianism, and MMT all need to die off. Markets are about the choices of the people, not equations, graphs and "balancing".
@Ryanowning
@Ryanowning Жыл бұрын
@@razzberry1262 Other way around. 2% inflation is a gentle nod to spend money instead of hoarding it. As for equations, graphs, and balancing being not as great as the mighty, if extraordinarily retarded, people I need only refer to how inexplicably stupid our species is to rebuke you. We require those equations, graphs, and balances to prevent collapse. There is literally no other way because our species is ridiculously stupid.
@roughhabit6496
@roughhabit6496 Жыл бұрын
@ Razzberry I agree with you wholeheartedly but I think Keynes gets a bad rap. He did after all say that debt should be repaid in good times and that profiteering was the result of inflation and not the cause.
@MadnSad
@MadnSad Жыл бұрын
As an economist I haven’t read or heard a statement on inflation as profound and moving as this.
@DxModel219
@DxModel219 Жыл бұрын
inflation can be exported. as the US raises rates or reducing liquidity , foreign countries that can’t afford a recession must reduce rates… this increases the value of the US dollar and destroys the foreign currency.
@kingkoi6542
@kingkoi6542 Жыл бұрын
@@DxModel219 just look at Libya
@stardestroyer6272
@stardestroyer6272 Жыл бұрын
When the video starts with "Using the example of ancient Rome " you know it's time to buckle up...
@debraallen63
@debraallen63 Жыл бұрын
"All roads lead to Rome" ...... There's a reason why people say that. We're in the final Roman Empire now.
@alrinaleroux9229
@alrinaleroux9229 Жыл бұрын
@@debraallen63 We're in the time of the feet and toes of clay and iron, as King Nebuchadnezzar (the greatest king of all time) saw in his prophetic dream, described and laid out by God's prophet Daniel in the Book of Daniel (chapter 2 -- I quote from verses 31-45): “You, O king, were looking and behold, there was a single great statue; that statue, which was large and of extraordinary splendor, was standing in front of you, and its appearance was awesome. The head of that statue was made of fine gold, its breast and its arms of silver, its belly and its thighs of bronze, its legs of iron, its feet partly of iron and partly of clay. You continued looking until a stone was cut out without hands, and it struck the statue on its feet of iron and clay and crushed them. Then the iron, the clay, the bronze, the silver and the gold were crushed all at the same time and became like chaff from the summer threshing floors; and the wind carried them away so that not a trace of them was found. But the stone that struck the statue became a great mountain and filled the whole earth. “This was the dream; now we will tell its interpretation before the king. You, O king, are the king of kings, to whom the God of heaven has given the kingdom, the power, the strength and the glory; and wherever the sons of men dwell, or the beasts of the field, or the birds of the sky, He has given them into your hand and has caused you to rule over them all. You are the head of gold. "After you there will arise another kingdom inferior to you, then another third kingdom of bronze, which will rule over all the earth. "Then there will be a fourth kingdom as strong as iron; inasmuch as iron crushes and shatters all things, so, like iron that breaks in pieces, it will crush and break all these in pieces. In that you saw the feet and toes, partly of potter’s clay and partly of iron, it will be a divided kingdom; but it will have in it the toughness of iron, inasmuch as you saw the iron mixed with common clay. As the toes of the feet were partly of iron and partly of pottery, so some of the kingdom will be strong and part of it will be brittle. And in that you saw the iron mixed with common clay, they will combine with one another in the seed of men; but they will not adhere to one another, even as iron does not combine with pottery. "In the days of those kings the God of heaven will set up a kingdom which will never be destroyed, and that kingdom will not be left for another people; it will crush and put an end to all these kingdoms, but it will itself endure forever. Inasmuch as you saw that a stone was cut out of the mountain without hands and that it crushed the iron, the bronze, the clay, the silver and the gold, the great God has made known to the king what will take place in the future; so the dream is true and its interpretation is trustworthy.” (from the *New American Standard Bible* , 1995 edition)
@sams88888
@sams88888 Жыл бұрын
@@alrinaleroux9229 interesting verse, thanks for sharing
@alrinaleroux9229
@alrinaleroux9229 Жыл бұрын
@@sams88888 Thank you Varun!
@terrythompson7535
@terrythompson7535 Жыл бұрын
The avarice of psychopaths and sociopaths is insatiable.. it's like a black hole that even light cannot escape.. and destroys even the brightest stars..
@rabbitcreative
@rabbitcreative Жыл бұрын
> destroys even the brightest stars.. It's easier to destroy than to create.
@chrisshipley8703
@chrisshipley8703 Жыл бұрын
The sheep will get the slaughter they deserve if they don't wake
@anthonygiambattista6922
@anthonygiambattista6922 Жыл бұрын
I have tried to make this point to so many people and it usually falls on deaf ears. I, in my lifetime, have watched the monetary system be slowly but certainly debased. And look at where we are today. Sad thing is, it is only to get worse.
@jimb3093
@jimb3093 Жыл бұрын
I have a question. If one has stocks, mutual funds and cash. Any recommendations as to where to transfer it to? Some say silver, gold and real estate. I’m military retired, 50 years old. And invested in the stock market, mutual funds and opened a Roth IRA at age 20. I have been systematically investing ever since. I get great dividends now and have a nice pension. And at age 59 1/2 and I can draw off the Roth. And who knows if social security with be there. I’m thinking I’ll keep my mutual funds and Roth but the stocks are a concern. I was thinking selling them off, then again perhaps hold them for the long haul? Who the heck knows haha! It’s truly a mess we are in and eventually it will all collapse. Divorce rates, moral decline, broken families, greed, corruption, etc etc, the list goes on. We simply can’t go on……and just like Rome….we will collapse. Anyway, I’m Jim in Ohio near Cleveland. I hope this finds you well and safe. What ever will be will be. Twenty three years I did in the Army….I will survive.
@roughhabit6496
@roughhabit6496 Жыл бұрын
Lenin once said that the best way to bring down Capitalism was to debauch the currency.
@vee985
@vee985 Жыл бұрын
"The only thing we learn from history, is that we don't learn from history."
@Captainkirk88410
@Captainkirk88410 Жыл бұрын
Very true . Joe blow is too worried about what team won the football game and drinking his beer.
@lorianne5330
@lorianne5330 Жыл бұрын
You got that right.
@michaelbouillon1241
@michaelbouillon1241 Жыл бұрын
- Sir John Globb
@neo_aliaga
@neo_aliaga Жыл бұрын
@@Captainkirk88410 Yep lmao
@neo_aliaga
@neo_aliaga Жыл бұрын
The human race makes the same mistakes all over again. We never learn, do we? 🤦🏻‍♂
@petrosmaragkos5492
@petrosmaragkos5492 Жыл бұрын
It seems obvious, however, that both governments and central monetary institutions are aware of the inevitable nature of this downward spiral. By referring to them as being inadequate or even idiotic, we are doing them a favor. It is high time we started talking about real life perpetrators.
@davidc.9933
@davidc.9933 Жыл бұрын
And guillotines
@SteviePaints
@SteviePaints Жыл бұрын
Well, i used to think they knew what they were doing, but the past two years have made me see clearly that our “leaders” are complete idiots. The emperor has no clothes.
@limb.dondototohasstartedso7288
@limb.dondototohasstartedso7288 Жыл бұрын
20's feel like an end of era more and more everyday
@kierj9858
@kierj9858 Жыл бұрын
What? Do you mean 2000's??
@587583922
@587583922 Жыл бұрын
And it hasn’t been 3 years since the best economic numbers in decades.
@malicant123
@malicant123 Жыл бұрын
@@omniloser He means the 2020s, I would say.
@limb.dondototohasstartedso7288
@limb.dondototohasstartedso7288 Жыл бұрын
@@malicant123 yeah
@gonzowarburn7045
@gonzowarburn7045 Жыл бұрын
Must be younger. 2008, that was the start of the government bailouts, hyper panic. There have always been leaks, but that's when the pipes burst, the next 12 years the basement was flooding, now (2020s) the water level is rising up to the main floor, where most people are. We like to think this whole Rooskie/Ukrop situation started this year, but those two have been going back and forth in a big way since 2014.
@louisairvin3052
@louisairvin3052 Жыл бұрын
Inflation today is caused by corporate greed, not just supply chain issues. Corporations are recording record profits, so we know that the money being raised by the higher prices isn’t being passed on down the supply chain. The money raised by higher prices is stopping at the corporations and going into their pocket. That’s how we know it’s not supply related inflation. It's a good time to take a beat up 401k and do a Roth Conversion if your stocks are really beaten down. Then you'll only pay taxes on the much lower current prices, and your Roth will be tax free.
@blaquopaque
@blaquopaque Жыл бұрын
Precisely! Our main focus at the moment should be strategies to manipulate our current situation, many people are making millions from this down market, but information like this doesn't make the news.
@louisairvin3052
@louisairvin3052 Жыл бұрын
@Stanley Edwin The uncertainties that come with this current market are yet another reason why my daily investment decisions are guided by an investment advisor, as their entire skill set is built around being long and short at the same time, using to both a profit-driven strategy and removing risk as a hedge against the inevitable downtrends, coupled with proprietary insights/analysis, it is utterly impossible not to outperform. Brought in over $1.5 million in ROI, since using an investment advisor for about 2 years.
@louisairvin3052
@louisairvin3052 Жыл бұрын
My advisor is "THERESA MARY CHAMBLEE". In terms of portfolio diversity, she's a genius. You can glance her name up on the internet and verify her yourself. she has years of financial market experience.
@markperrin8098
@markperrin8098 Жыл бұрын
Obviously some idiots around here don't know what the producer price index is...
@Ryanowning
@Ryanowning Жыл бұрын
Most corporations record record LOSSES during inflation. Just look at corporations right now as an example, but you won't because holy fuck you guys dumb.
@stonehartfloydfan
@stonehartfloydfan Жыл бұрын
“A great civilisation is not conquered from without until it has destroyed itself from within.” ~ Will Durant
@TxRedMan
@TxRedMan Жыл бұрын
“Good luck everybody else!” -The Fed
@brett4264
@brett4264 Жыл бұрын
Everyone should be required to watch this video. Well done!
@gilgamesh.....
@gilgamesh..... Жыл бұрын
Like it would matter.
@alrinaleroux9229
@alrinaleroux9229 Жыл бұрын
@@gilgamesh..... You think so? Ever heard of Svali?
@alrinaleroux9229
@alrinaleroux9229 Жыл бұрын
@@internetconnection9290 Perhaps it was a significant factor? It might very well have been. In our case also, inflation is not the sole factor, but it will probably have a significant impact.
@gilgamesh.....
@gilgamesh..... Жыл бұрын
@@alrinaleroux9229 Of course and if you think different, you're wrong. The masses are stupid, hedonistic and lazy. They're auto-follower sheep. They get their news from daddy government when they aren't in their wage cage or watching some useless sportsball. Show most people anything actually useful or intelligent and they'll at the most say someone else needs to get on to that, but will change nothing about themselves.
@MichaelSHartman
@MichaelSHartman Жыл бұрын
@@internetconnection9290 There is an abundance of conjectures on the fall of ancient Rome, including the volcanic eruption of 536 AD. I am not disagreeing with so much as that many things stem from money. Soldiers, and law enforcement pay is one. You did difficulty in these areas I wonder what they will say about the United States in 1,500 years. Probably, don't know, and don't care.
@adenmall7596
@adenmall7596 Жыл бұрын
Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $117k stocck portfolio, what’s the best way to take advantage of this bear market?
@anniezeng4587
@anniezeng4587 Жыл бұрын
While there’s more pain to come, investors should look for stocks like Royal Philips NV and Alstom SA that have been beaten down enough that they’re a bargain or get a good portflio manager.
@selenajack2036
@selenajack2036 Жыл бұрын
agree, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k
@evitasmith6218
@evitasmith6218 Жыл бұрын
@@selenajack2036 I’m new to all this, heard it's a good time to buy and basically I've just got cash sitting duck in the bank and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up
@selenajack2036
@selenajack2036 Жыл бұрын
@@evitasmith6218 Having a coach is key in a volatile market, My advisor is “LUCY HOLDEN COYLE” You can easily look her up, she has years of financial market experience.
@kaylawood9053
@kaylawood9053 Жыл бұрын
could really use the recommendation, I've been losing a shit-ton lately, I looked up Lucy Holden Coyle and I wrote her detailing my Fin-market goals,.
@kenrudd6362
@kenrudd6362 Жыл бұрын
the"money" we use as it stands is nothing more than the chains around our mind keeping us obedient it's so devious it's almost admirable in its cruelty
@INSANESUICIDE
@INSANESUICIDE Жыл бұрын
The difference between the mafia and a politician is that you get something in return for the protection racket, with the politician you will constantly be robbed of more and more until you have nothing left. The robber baron might have his urges satiated the politician will not.
@debraallen63
@debraallen63 Жыл бұрын
Politics Poly = Many (lots, abundance) Ticks = are blood sucking parasites.... So Politics is FULL of Blood Sucking Parasites. This is why I don't Vote.
@christinarichie6171
@christinarichie6171 Жыл бұрын
Political theatre they hold zero power. Following a script. What happened to those robber barons they just disappeared or were satiated 🤣
@debraallen63
@debraallen63 Жыл бұрын
@@christinarichie6171 Yes, actWhores for Satan following the script 👍
@julian_hesse
@julian_hesse Жыл бұрын
A robber baron satisfied that’s new to me 😄
@kevinbeck8836
@kevinbeck8836 Жыл бұрын
the Mafia is not robber barons, and extortion by the Mafia doesnt stop either
@checkforme234
@checkforme234 Жыл бұрын
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy. The fin-Market;s have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $250k is down to $192k any recommendation;s to scale up my return;s during this crash will be highly appreciated.
@kimyoung8414
@kimyoung8414 Жыл бұрын
You have to get a financial-advisor to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings.
@erichkraetz2622
@erichkraetz2622 Жыл бұрын
I agree, my proffit have been quite consistent, regardless of market situation, I got in early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from a brokerage-adviser. I found her on a CNBc interview where she was featured and reached out to her afterwards. long story short, its been two years now and I’ve gained over $850k following guidance from my inveestment adviser.
@joesphcu8975
@joesphcu8975 Жыл бұрын
@@erichkraetz2622 Please can you leave the info of your invstment adviser here? I overheard someone talking about how a couple made $200k during this red season. I need such luck lol
@erichkraetz2622
@erichkraetz2622 Жыл бұрын
@@joesphcu8975 INGRID CECILIA RAAD is the brokerage-adviser. She has been of great help and her tutelage has brought me to a higher understanding of proffit generation. You can look up her name on the net for her page and reach out. Understands the job perfectly.
@jordanm2984
@jordanm2984 Жыл бұрын
Lol look at two bots in the replies 'talk' to each other in a script to promote a name.
@ilikemaline
@ilikemaline Жыл бұрын
What a time to be alive.
@wood_stone_iron
@wood_stone_iron Жыл бұрын
at least you'll be able to tell your grandkids about it one day. Hopefully, you won't be calling it the "good old days" 🥶
@mikesteelheart
@mikesteelheart Жыл бұрын
@@wood_stone_iron LOL it takes a lot more favorable economic circumstances to bring kids and grandkids into the world...
@wood_stone_iron
@wood_stone_iron Жыл бұрын
@@mikesteelheart I wouldn't let fear prevent life
@sherpashane1240
@sherpashane1240 Жыл бұрын
I agree, and as much as it sucks, its frustrating, we are living in a massive piece of history. Not just for America, but globally. The red wave is picking up momentum and sweeping across continents. People want to live their lives, feel safe, educated correctly, be normal. Not be controlled by elites who have no care or concern for you. If the democrats retain power after the midterms you can bet It was rigged. I will be heading to a tropical island in Central America where food is fresh, and people believe family is more important than work or money.
@ilikemaline
@ilikemaline Жыл бұрын
@@wood_stone_iron yeah, I am not having kids. I don't think you realise with how much existential (and justified) dread kids are growing up today.
@kennashley953
@kennashley953 Жыл бұрын
They are doing exactly what they want to do,and are very happy about it
@bushy9780
@bushy9780 Жыл бұрын
we will own nothing and be happy. Praise Ford!
@valerierogers9609
@valerierogers9609 Жыл бұрын
Elite want collapse, control, restructure; our suffering, their gain. They've robbed rest of the wealth out of fiat paper currency system. People are largely unaware: still buying, still accumulating debt buying $$$ vehicles, going on holiday, mortgaging themselves to death so they can have a roof.
@alrinaleroux9229
@alrinaleroux9229 Жыл бұрын
But they won't escape damage. They own much property, and in the coming apocalypse they will also lose much. And in the end their dream of domination won't last. It's all for nothing. As the prophet John wrote in the Book of Revelation (chapter 6 verses 14-17): "The sky was split apart like a scroll when it is rolled up, and every mountain and island were moved out of their places. Then the kings of the earth and the great men and the commanders and the rich and the strong and every slave and free man hid themselves in the caves and among the rocks of the mountains; and they said to the mountains and to the rocks, “Fall on us and hide us from the presence of Him who sits on the throne, and from the wrath of the Lamb; for the great day of their wrath has come, and who is able to stand?”
@wood_stone_iron
@wood_stone_iron Жыл бұрын
@@alrinaleroux9229 He is the same God as in the OT. He always delivers His people from tyrants...
@alrinaleroux9229
@alrinaleroux9229 Жыл бұрын
@@wood_stone_iron True.
@jasonsellers56
@jasonsellers56 Жыл бұрын
Excellent video! Thank you for making it! The explanation starting at <a href="#" class="seekto" data-time="242">4:02</a> is also known as *the Cantillon Effect.* It's a crime that more people don't know about it.
@notnotandrew
@notnotandrew Жыл бұрын
Picture in the vid @ 4:04 kinda sus
@animula6908
@animula6908 Жыл бұрын
Thank you. Glad to know the term.
@anonymousperson4943
@anonymousperson4943 Жыл бұрын
Thanks bruv...
@OnceTheyNamedMeiWasnt
@OnceTheyNamedMeiWasnt Жыл бұрын
I sometimes suffer from the Cantillon Effect in my left buttock. It's worst in the cold.
@mtn1793
@mtn1793 Жыл бұрын
It explains a lot about how corrupt our society really has become. All Lies and Greed!
@97JG
@97JG Жыл бұрын
If ever a video that needed to be seen to understand current times… this is the one. Thanks for sharing
@exodus146
@exodus146 Жыл бұрын
I really like how you structured everything. Well spoken and stayed on the subject. Thank you for the upload.
@Eodbatman
@Eodbatman Жыл бұрын
I have been telling my economist brethren for years that unending inflation will be our undoing... No one listens.
@Desmondbrown73
@Desmondbrown73 Жыл бұрын
Enslaved they are mentally, just like my doctor and just like my lawyer…
@thestellarator815
@thestellarator815 Жыл бұрын
Most alarming are people in modern times calling for the very societal and economic policies that shepherded or exasperated the downfall of ancient societies (which your last video very eloquently presented).
@taryn2736
@taryn2736 Жыл бұрын
People have been brainwashed and agitated into demanding exactly what the would-be technocrats want.
@wood_stone_iron
@wood_stone_iron Жыл бұрын
I guess people don't like to read history.
@danielwatcherofthelord1823
@danielwatcherofthelord1823 Жыл бұрын
Your videos are always so enlightened. Thank you for your work.
@ffarshad77
@ffarshad77 Жыл бұрын
I've been following your videos for years and this is incredibly valuable that you pivot your talent past philosophy and into something that affects our daily lives in such a tremendous and crucial way thank you again thank you so much keep up the good work.
@jesusguerrero8786
@jesusguerrero8786 Жыл бұрын
I appreciate that you went with the correct definition of inflation. Higher prices are evidence of inflation.
@junglejarred6366
@junglejarred6366 Жыл бұрын
The importance of this can not be over stated. They are telling the people that the effects of inflation are inflation which can be solved by, inflation. It's madness. But the mindless herd animals believe it
@contrarian8870
@contrarian8870 Жыл бұрын
"All resemblance to living persons or current events is purely coincidental"
@joeschmo9953
@joeschmo9953 Жыл бұрын
Hahahaha
@mikespilligan7840
@mikespilligan7840 Жыл бұрын
I can't begin to tell you how good this video was. To analyse the past is a crystal ball into the future. We are all still human with the same drives wants and foibles so we react the same to the same stimuli. Thanks for all this work taken to produce this.
@riversbluesyheart
@riversbluesyheart Жыл бұрын
Thank you very much for creating this content! I really appreciate and find it motivating whenever I see one of your videos. I adore how you combine words and images.
@trustwithin7188
@trustwithin7188 Жыл бұрын
Corruption and greed are usually behind it all
@mattolivier1835
@mattolivier1835 Жыл бұрын
Naw, just statism.
@gagahusband
@gagahusband Жыл бұрын
Naw it den darr dare say Satan he done gon deprive and deciet us all but dey Jesus gon sav us all if ye just bliev
@mattolivier1835
@mattolivier1835 Жыл бұрын
@@gagahusband Yeah, keep hitting that crack pipe.
@ClassicJukeboxBand
@ClassicJukeboxBand Жыл бұрын
What most people don't understand is that our money system, all money is created as debt. Most all money is created as interest bearing debt by private banks, who own the money supply. The real problem is that since all money is created with interest owed on it, the only way you can pay off the interest is to create more money at interest, and the debt just goes up. We need to get rid of debt based money, central banks and fractional reserve banking. Private banks, and central banks, which ARE private banks create our money supply, and charge us and everybody else to use the money supply that the banks own. This is why most all nations have national debts, but no national surpluses. Nations owe their national debts to mainly the banking system. We need to create money interest free, and only make as much as we need to keep prices stable, but this will never happen as long as evil people exist, which is never.
@47nrubreddew
@47nrubreddew Жыл бұрын
😩😩😩😩Things never change.
@MisterGames
@MisterGames Жыл бұрын
As long as we have compound interest attached to debt, which can be gotten into by showing your income which is someone elses debt spent into the system, there is only one possible end... Financial wipe out and the creation of a new currency with new value to start again. Hiding from the plebs that it is the debt backed by debt system with interest attached that is the problem. We can only kick the can down the road so far. Tell people this and if they thusly stop borrowing the collapse is hastened. Those who run the system from the top know this but cannot tell the plebs. We are in a giant ponzi scheme and we all know they have but one possible end.
@earlthepearl4161
@earlthepearl4161 Жыл бұрын
Truth
@ClassicJukeboxBand
@ClassicJukeboxBand Жыл бұрын
@@MisterGames Exactly!
@tolgabozkurt460
@tolgabozkurt460 Жыл бұрын
one solution , revolution !
@jwbnscacpt
@jwbnscacpt Жыл бұрын
I can’t put into words how much I hate our government and the IRS. The only headaches I have are derived by them.
@SteviePaints
@SteviePaints Жыл бұрын
Agree. They are totally responsible for our current situation.
@johnzeuli5827
@johnzeuli5827 Жыл бұрын
Clear, concise articulation of a subject those in power want to obscure. Thank you!
@Ryanowning
@Ryanowning Жыл бұрын
Definitely not. This video reeks of ignorance and total lack of education into economics. 2% inflation is the best possible rate of inflation an economy can have. We're currently over because of fuck-ups and the retirement of the baby boomers. The US has been in this sort of situation MANY times and has always recovered back to that idyllic 2% inflation.
@Bhodisatvas
@Bhodisatvas Жыл бұрын
The cost of items I buy in the store has increased by 10% in recent months.
@markmurex6559
@markmurex6559 Жыл бұрын
You're lucky then.
@PolishBehemoth
@PolishBehemoth Жыл бұрын
10 percent? more like 50 % in some areas
@umiluv
@umiluv Жыл бұрын
We spent almost $20 on 36 eggs today. It’s insane. I have to buy chickens…
@Alejandracamacho357
@Alejandracamacho357 Жыл бұрын
Now with the recent economy, To get financial FREEDOM you have to be Making Money while you're asleep
@Robertgriffinne
@Robertgriffinne Жыл бұрын
People prefer to spend money on liabilities,Rather than investing in assets and be very profitable.
@instinctively_awesome8283
@instinctively_awesome8283 Жыл бұрын
You're so correct! Save, invest and spend for necessities and a few luxuries relatives to on's total assets ratio.
@marianparker7502
@marianparker7502 Жыл бұрын
Inflation is producing a slew of problems throughout the world, including food shortages, diesel and heating fuel shortages, and housing prices and financial market crash. It's all coming together, and by the end of the year, it may be a complete disaster.
@PhilipMurray251
@PhilipMurray251 Жыл бұрын
This global collapse might end up being a part of us for a very long time and due to that fact any money you keep in cash or in a low-interest account declines in value each year. unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire. Personally I hired ‘’Stephanie Priscilla Bonillo’’ a financial advisor who I copy her trades and with a good 10%-15% in ROI monthly.
@wiebeplatt4749
@wiebeplatt4749 Жыл бұрын
@@PhilipMurray251 The crazy part is that advisors are probably outperforming the market and raising good returns. I will give this a look up, lucky i stumbled on this thread.
@Dark89Avenger
@Dark89Avenger Жыл бұрын
This is truly incredible, one of a kind content. Great job !
@lencumbow
@lencumbow Жыл бұрын
One of your best. In any case, one of your most needed.
@nearerprefect761
@nearerprefect761 Жыл бұрын
I think if we just printed more money we could finally solve this inflation problem.
@chrismay2298
@chrismay2298 Жыл бұрын
It's not a problem. It's a feature for the ones who pull off the scam.
@Leo-mr1qz
@Leo-mr1qz Жыл бұрын
I am assuming you're trying to be facetious, because printing more money is the CAUSE of inflation.
@terryboyer1342
@terryboyer1342 Жыл бұрын
NEARER PREFECT I know! Easy right? 🤣
@ClassicJukeboxBand
@ClassicJukeboxBand Жыл бұрын
Actually, even though your comment is a joke, there is truth to what you say. The government could actually solve the problem by printing money. It has done this before. Our government could hypothetically create interest free money, and pay off the national debt, true fact. Both Andrew Jackson and Abraham Lincoln actually did create US government based, debt free money and paid down the national debt. We could in reality pay off the national debt with quarters too. US mint coins are debt free money.
@inverted_real_it_y
@inverted_real_it_y Жыл бұрын
I think some people here fail to see your joke. 😂
@magicjoker7491
@magicjoker7491 Жыл бұрын
"What has the government done to our money?" is the best single book you can read to understand this better.
@jameslewan7026
@jameslewan7026 Жыл бұрын
Thank you for that advice! Sounds like a necessary read!
@highwayranger4878
@highwayranger4878 Жыл бұрын
Oh, the cognitive dissonance in the name of that book. The government and our money are lost with me because I know it's not my money it's government money.
@quantumfrost9467
@quantumfrost9467 Жыл бұрын
@@highwayranger4878 they didn't earn the money, stop trying to make a pseudo-intellectual argument to someone saying 'our money' when referring to the money they/we are forced to give to the government
@highwayranger4878
@highwayranger4878 Жыл бұрын
@@quantumfrost9467 you think I'm doing something? The name of the book is for sheeple that are living in cognitive dissonance everyday. Hope you find your way out of it someday.
@bushy9780
@bushy9780 Жыл бұрын
Taxation is theft.
@jamespeters2859
@jamespeters2859 Жыл бұрын
That was fascinating! Superbly educational.
@mook2478
@mook2478 Жыл бұрын
Damn. Perhaps one of the most timely and relevant posts today considering what's happening these days. Should be required viewing with a quiz at the end to determine who understands.
@Fresh-qc3zn
@Fresh-qc3zn Жыл бұрын
Is the inflation not planned to bring about the intentional collapse to usher in the new system with further Government control?......if not then Governments will face the consequences of societal collapse just as the average man will.
@ns3616
@ns3616 Жыл бұрын
Ludwig Von Mises, Friedrich Von Hayek, Milton Friedman, all legendary figures that spoke out about this.
@jameslewan7026
@jameslewan7026 Жыл бұрын
And we did not listen apparently
@mikebane2866
@mikebane2866 Жыл бұрын
Weird because they literally are the philosophical foundation of the dominant economic philosophy of neoliberalism which has been our our economic system for the past 40 years.
@patrickodea6500
@patrickodea6500 Жыл бұрын
Isn't it odd that our governments continue to do this, knowing where it leads, and we are all just powerless to do anything about it.
@whiteyfisk9769
@whiteyfisk9769 Жыл бұрын
We arent powerless to do anything, we actually have all the power. Without their slaves, they are nothing. But we are too cowardly to do the dirty work that must be done, so we vote for whoever we have deluded ourselves into believing will actually literally do anything...but they never do. Our founders knew there was only one way out of tyranny
@patrickodea6500
@patrickodea6500 Жыл бұрын
@@whiteyfisk9769 The money is too powerful unless like literally everyone stands up at the same time.
@whiteyfisk9769
@whiteyfisk9769 Жыл бұрын
@@patrickodea6500 hence why they are unceasing in their attempts to divide us and keep us distracted. We dont even need everyone, we just need 10% of the adult population.
@davidc.9933
@davidc.9933 Жыл бұрын
Not odd at all. Fits the pattern. Reject centralized authority
@venicec3310
@venicec3310 Жыл бұрын
People don’t care as long as they get paid
@stevenrichardson4659
@stevenrichardson4659 Жыл бұрын
This is precisely why the new global digital currency will be introduced soon imo.This currency will be so manipulated by the creators,that what you say or do or type or are filmed doing,will determine how you live,and your access to this currency.
@whiteyfisk9769
@whiteyfisk9769 Жыл бұрын
And the only way to make sure almost everyone accepts that central banking digital coin, they have to make paper fiat currency completely worthless.
@GodEmperorOfDune747
@GodEmperorOfDune747 Жыл бұрын
And why aren't Americans doing something to stop this from happening? Apathy, fear, and cowardice.
@2Hesiod
@2Hesiod Жыл бұрын
In the twentieth century, there were numerous hyperinflations in various counties, such as Germany in 1923, France in the 1950s, and South American countries.
@taryn2736
@taryn2736 Жыл бұрын
All deliberately caused by the 👃 Talmudic central controllers.
@davidc.9933
@davidc.9933 Жыл бұрын
And, what happened the last time it was the world's reserve currency?
@2Hesiod
@2Hesiod Жыл бұрын
@@davidc.9933 Presumably, you mean what would happen if the world's reserve currency hyperinflated? It will hyperinflate if the dollar ceases to serve as the reserve currency.
@davidc.9933
@davidc.9933 Жыл бұрын
@@2Hesiod you mean the petrodollar? That's already happening.
@2Hesiod
@2Hesiod Жыл бұрын
@@davidc.9933 I don't really think so. If the Saudis made that deal with China, they probably would regret it now as the Yen declined.
@OsiasArt
@OsiasArt Жыл бұрын
Topical and timely. Thank you.
@joeschmo9953
@joeschmo9953 Жыл бұрын
Timely would have been 14 years ago before the massive quantitative easing by the US Federal Reserve. But prior to the total meltdown of various world currencies is pretty timely too I suppose.
@bertrandprenat
@bertrandprenat Жыл бұрын
Brilliant content, as usual!
@Justforfun-ek7et
@Justforfun-ek7et Жыл бұрын
Thank you so much for all your hard work for these important and educational videos.
@ayetreyyy
@ayetreyyy Жыл бұрын
BRAVO!! I'm a long-time follower of your work, and also an avid student of economics. I am SO elated to see an economics-related video here, at that about the evils of inflation! BRAVO!
@wood_stone_iron
@wood_stone_iron Жыл бұрын
Yea, verily.
@tommasosvalduz5226
@tommasosvalduz5226 Жыл бұрын
This is something that's so simple yet so hard to realize: economic activity has little to do with money; rather, money is what emerges when economical activity takes place. It can niether be its end nor its cause. Money is just the medium for economic activity.
@davidc.9933
@davidc.9933 Жыл бұрын
Value is what is created when people create. Money has nothing to dobwith that and you should read a basic book on economics.
@michaelb4546
@michaelb4546 Жыл бұрын
Scary to know this is where we are heading. The only issue is we are doing it a a faster rate due to the technological innovation of our money.
@Ryanowning
@Ryanowning Жыл бұрын
Not really. America has been in this state of inflation several times already and managed to cut inflation down to 2% which is the golden standard for economies. Other than that, this video is a diatribe to total ignorance for economics.
@michaelb4546
@michaelb4546 Жыл бұрын
@@Ryanowning I obviously hope we avoid this fate. But I see little tolerance of pain in our current environment. We shall see
@Ryanowning
@Ryanowning Жыл бұрын
@@michaelb4546 Bitching about current circumstances and moaning about the end of the world just because the economy is hiccupping is the most American tradition we have. Just read old writings on the economy and relax; this has happened around ten to fifteen times in our history depending on your criteria.
@user-pc7ef5sb6x
@user-pc7ef5sb6x Жыл бұрын
@@Ryanowning yet they continue to print more money. CPI rising every month to no end. increasing interest rates are not guaranteed to stop inflation.
@Ryanowning
@Ryanowning Жыл бұрын
@@user-pc7ef5sb6x The rising CPI can't tell you whether the Fed is printing money or not. All it can tell you is that the number of goods per dollar is dropping; it just so happens that the baby boomers world wide are retiring, liquidating their assets, and leaving unfillable labor positions in their wake.
@YoungEagle444
@YoungEagle444 Жыл бұрын
I appreciate your channel and always look forward to your content. Keep up the good job 👍🏽
@Leo-mr1qz
@Leo-mr1qz Жыл бұрын
The banks are increasing credit at this point because families are trying to keep their heads above water. I go to Costco every other week, because I have a family of 5 to feed, and with buying the same exact things each time there it goes up at 20% every.single.time. It's becoming unbearable. 😫
@Kryynism
@Kryynism Жыл бұрын
Grow food.
@debraallen63
@debraallen63 Жыл бұрын
Learn to grow food and teach your children too or you'll all starve to Death in the coming food shortages. Ice age farmer.
@Leo-mr1qz
@Leo-mr1qz Жыл бұрын
@@debraallen63 Yes, I do need to plant a garden.
@markmurex6559
@markmurex6559 Жыл бұрын
"Come on man! It's only like 8.1%" -Joe Biden
@Leo-mr1qz
@Leo-mr1qz Жыл бұрын
@@markmurex6559 🤣
@Truthloveliberty
@Truthloveliberty Жыл бұрын
“This is the story of the private cartel of banks known as the federal reserve and the us- i mean rome”
@debraallen63
@debraallen63 Жыл бұрын
Washington DC (formerly known as Rome Mary-Land) is Owned by the Jesuitical Roman Catholic Papacy AKA the Synagogue of Satan......the Pope came here and kissed (accepted the gift and consecrated) American soil. It's a City/State of the Vatican. Not part of the "Country" of America and it's "Laws" are only Enforceable' in the 10 square miles of DC.
@jostafro4967
@jostafro4967 Жыл бұрын
I love this channel. It's been a while, but I'm glad to be back
@dollydiddums7889
@dollydiddums7889 Жыл бұрын
As always, well explained . It's sad that the only ones viewing this are the ones who already know 🤔 Excellent presentation 👍
@aimhigh3701
@aimhigh3701 Жыл бұрын
It all comes down to people who aren’t prepared to make sacrifices. The solution to inflation is very hard times... but of course no one wants hard times... they just want the illusion of prosperity to continue for as long as possible...
@suzanneway724
@suzanneway724 Жыл бұрын
Not hard times for the wealthy
@xA18kND1x
@xA18kND1x Жыл бұрын
Dumb af
@cactusray3368
@cactusray3368 Жыл бұрын
Bread and circuses for all.
@whiteyfisk9769
@whiteyfisk9769 Жыл бұрын
Yes...the working poor not wanting to sacrifice are the ones to blame as always. Youre a deluded fool.
@aimhigh3701
@aimhigh3701 Жыл бұрын
@@whiteyfisk9769 I was actually referring to the wealthy.
@Exposetheluciferianagenda
@Exposetheluciferianagenda Жыл бұрын
I’m so grateful for these videos.
@vickisanders7368
@vickisanders7368 Жыл бұрын
Thank you. Very informative in an entertaining presentation.
@shaulkramer7425
@shaulkramer7425 Жыл бұрын
100% spot on.
@trustwithin7188
@trustwithin7188 Жыл бұрын
Money does not grow on trees...but they do print it out of thin air!!
@W1NGXER0
@W1NGXER0 Жыл бұрын
Long time sub. The algorithm has unsubbed me so many times it's pathetic. But, I always check back periodically to make sure I haven't missed any new posts. Keep up the very engaging and insightful work.
@jameslewan7026
@jameslewan7026 Жыл бұрын
You Tube should be Un-algorithmed!
@W1NGXER0
@W1NGXER0 Жыл бұрын
But then I would no longer be able to call it (you do what we tell) KZfaq.
@magnuskallas
@magnuskallas Жыл бұрын
It's a bit off-topic, but since you mentioned it - I too have noticed the algorithm having some temper-tantrums :) What's scary is that it's absolutely capable of making or breaking a channel, even making you forget a channel to the point of "oh I remember liking this months ago!"
@wildernessshouter
@wildernessshouter Жыл бұрын
Excellent video! Thank you.
@ghoxxalla
@ghoxxalla Жыл бұрын
Politicians and their consequences have been a disaster for the human race.
@TheA8lee
@TheA8lee Жыл бұрын
Another highly insightful video.
@kevinjames5884
@kevinjames5884 Жыл бұрын
THE FOMC IS OVER - Still no change on the market. We are already in the big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the Stock/Crypto market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
@rudypage5821
@rudypage5821 Жыл бұрын
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you, prevent inflation from eroding your savings, build generational wealth, and cultivate good habits and financial knowledge, you must be in the market.
@juliabetty7646
@juliabetty7646 Жыл бұрын
Most people believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimum access to other currencies or gold/silver coins.
@lucyameliaflynn4768
@lucyameliaflynn4768 Жыл бұрын
You are right! I diversified my $400K portfolio across various market with the aid of an investment coach, Josef Dennis. I have been able to accumulate a little bit above $1.2m in net profit across high dividend yield stocks, ETF and bonds during this red season.
@lucyameliaflynn4768
@lucyameliaflynn4768 Жыл бұрын
TELE
@lucyameliaflynn4768
@lucyameliaflynn4768 Жыл бұрын
GRAM
@waylaidsavant
@waylaidsavant Жыл бұрын
Poignant piece. Thank you
@dickritchie2596
@dickritchie2596 Жыл бұрын
How uplifting. Now I feel confident about the future. 👍🏻🌞
@NorthernKurtis
@NorthernKurtis Жыл бұрын
Fantastic work by academy of ideas 💡 As always 👏
@donkeedic4451
@donkeedic4451 Жыл бұрын
"We're all in this together" - Yes they are
@abhayvaidya8416
@abhayvaidya8416 Жыл бұрын
They?
@donkeedic4451
@donkeedic4451 Жыл бұрын
@@abhayvaidya8416 all countries
@DiscipleOfHeavyMeta1
@DiscipleOfHeavyMeta1 Жыл бұрын
This Winter is gonna be a bad one, mark my words, ladies and gentlemen.
@thatguy-kv8re
@thatguy-kv8re Жыл бұрын
Next one will be worse
@blahblahoink
@blahblahoink Жыл бұрын
Great as usual. Thanks.
@tacitustoday3571
@tacitustoday3571 Жыл бұрын
Over the last 20 years inflation in western stock market shares and real estate have been far, far beyond intrinsic value ( in Sydney 500% property price inflation in 21 years. prime real estate has doubled in the last three years). Only recently inflation in food and energy has taken off.
@siyaindagulag.
@siyaindagulag. Жыл бұрын
1977 Leichhardt property sold for 27 k 2022 same (unimproved) 1.7 mil. by now, the math seems moot.
@markmurex6559
@markmurex6559 Жыл бұрын
I'm 41 and still can't afford a house.
@scifirealism5943
@scifirealism5943 Жыл бұрын
How is there not 80% homelessness everywhere?
@blakeward7982
@blakeward7982 Жыл бұрын
Inflation is essentially the scouring of the primary means to ascertain value. The worth of any good given or service provided between people becomes obscure, the value of which can only be knowable if you have prior experience with said object or individual. A medium of exchange is required for dense urban development as people require a default method for trusting one another.
@anthonykerr2806
@anthonykerr2806 Жыл бұрын
Very well put together. The Zeitgeist Movement opened me to this train of thought. Our values don't highlight sustainability, nature in general, or working together with the street, town, state, country or so on over given the amount of population in monetary inequality. We tend to not see how we divide one another through the known human differences let alone how nationalism and/or religion (despite promoting "good") actually promote a divide. The money inequality exacerbates the biases and violence that are present....cascading....and somehow people don't realize how little time they have as a result of systematic money inequality. To hear a notion that a century ago technicians and scientists alike were thinking by the 1950's we could easily lessen the general public's avg. work week to 20 hours.....this throws people off as to how that could make sense. But it totally makes sense. Technology and automation have already and continue to make it so people don't have to work as much....money and cut throat business ethics (that actually promote everyone to be more psychopathic....not just CEO's) have slowed down this process known as ephemeralization.
@sneeringimperialist6667
@sneeringimperialist6667 Жыл бұрын
The worst part of inflation is that those who owe large sums of money now owe less real value than those who wisely saved their money. Leading to wealth distribution that favors non productive members of society.
@CopyWhoTV
@CopyWhoTV Жыл бұрын
Wisdom and parallels that cannot be denied. Excellent video, as always.
@GeorgWilde
@GeorgWilde Жыл бұрын
State predation, that's the correct term for fiat inflation and taxation. By the way, the real purposse of taxes today is to forcibly keep up criculation of the currency in the economy. It basically says that certain percentage of every transaction has to be converted into fiat (if it is not already in fiat) and then transferred to the states account. And as state is the ultimate decision maker, they can decide on conversion rate whenever you would deal in other currency. Everyone is also forced to have accounting done in fiat for the state employees to audit.
@robotstobor3388
@robotstobor3388 Жыл бұрын
that was an excellent presentation. it is truly shocking to watch your video and realise the parallels of the current era
@djkiddrocks1241
@djkiddrocks1241 Жыл бұрын
Some of, if not the best content on KZfaq. Valuable concise, and easy to understand information that people need to be aware of. If we are to try and fix, or make realistic changes to our society foe the better, we need to understand the basics and underlying truths about how a society functions. I'm a believer that if enough people wake up to the fact that our enemy is not each other, but in fact those that wish to control divide, and enslave us we can go Bug's life on these grasshoppers!
@henrychinaski716
@henrychinaski716 Жыл бұрын
What a presentation, sir! This kind of video, despite its rather depressing subject, I can watch every day. Can't wait to see more of your work. Thank you!
@stiinkbug5827
@stiinkbug5827 Жыл бұрын
Bitcoin is immune to inflation and untraceable..... time to switch over
@allanmoorhead6546
@allanmoorhead6546 Жыл бұрын
This is a great introduction to the origin and working of inflation and it's destructive effects.
@alrinaleroux9229
@alrinaleroux9229 Жыл бұрын
Fascinating. Thank you for your good work, I intend to share this!
@aslkdjfzxcv9779
@aslkdjfzxcv9779 Жыл бұрын
excellent. cant wait for the end.
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