Brilliant video. Great economics channel to sub is maneco64

Counterproductive administrative restrictions applied to fuel production in the USA - in order to satisfy their own zealous version of net zero - has greatly added to their nearly 10% inflation rate.

What is Vimar and how is it spelled? This is the first I have heard of it and when spelled like that, it doesn't bring up anything that looks like what you were talking about in the search. Thanks. Great video as always!

John Law ,, invented quantitive easing

@@soapsuds5770 I guess you mean Weimar.

These past few days of ECONOMIC INSTABILITY, INFLATION and RECESSION watching my portfolio decline is very disheartening. Holding doesn't really profit much. Any idea on how to earn better in the market?

@@edwardpreston2098 •A very good technical analysis and understanding the market price action makes trading easier and less confusing. As a beginner, I strongly recommend a professional for your analysis, she is Ms Milly Millz…

Because Henry VIII didn't cause a mess when he ransacked the monasteries. All leaders are human, have faults, and make mistakes.

*Crypto trading* is quite profitable I'll always pick Short term trading over Holding cause I have made a lot of profit from trading.. it is also surprising as I also trade with Ms Milly Millz on a short term basis.....I advice you seek the help of an expert to avoid the trauma of too much losses..

@@edwardpreston2098 Instability is quite common in markets and has been for a VERY long time. In Germany during the Weimar Republic, people brought wheel barrows full of money just to buy some bread. Be grateful the situation isn't worse. One piece of advice: Do NOT sell when the stock market is low unless you own stock in a company that is about to go bankrupt.

Totally agree. He's a lovely chap to listen to via podcasts when I'm driving. Wish I could have the man round for dinner.

So human? He wanted the jab to be compulsory. Moreover all those freebies are what drove inflation high, including the jab. Ironic.

ahh I get you --- sarcasm... nice one... but sadly a lot of the thich c@nts that follow him won't get that... because they are fkin thick as sh1t

Inflation is from one place and one place only, it is from "government" working with central Banks to Print money and distribute this cash through so-called quantitative easing, the present Government spending schemes will cause more Inflation

He is NOT a genius - studied? YES - articulate? CERTAINLY - but NOT a genius. This post, though very good infotainment, misses the point. The FIAT monetary system has served its purpose and will now be disposed of quietly only to be replaced by a system that exercises even more control over a population already enthral to the debt based paper money system.

William Rees Mogg made the same point when inflation went away with the Cold War's end.

There are some lectures by Milton Friedman on inflation (obviously with a more America-centric theme) which you can watch on KZfaq. I don't know if Milton Friedman is a 'public intellectual' but he explains inflation pretty well and it's along the same kind of lines as Dr. Starkey. Well worth watching whether you agree with Friedman or not.

TIK has some interesting things to say on the subject too.

@@sillypuppy5940 Great back catalogue! I'm reading "Hitlers National Socialism", the book you can see on the shelf behind Lewis's left shoulder, at the moment. I'm glad he has branched into delivering Real Economics 101 and not stuck to tanks! LOL!!!

@@stevewatson6839 A tank only gets you so far 😉

I think a huge number of people do understand.

The motivated overthrew the Romanovs, the Stuarts, the Capets, etc. Our revolution need be no different.

Plenty of actual anti-vaxers and conspiracy theorists out there

Because they specifically do not teach PPE in state schools. They take us for the fools they educated us to be.

@@jwadaow They understand the effect, they don't understand the cause.

I've just been watching an episode of 'Coversations that Matter' on YT - about the sequence of invisible catastrophic threats which we are presented with. Always invisible and unverifiable by the ordinary person.

More than one million dead here in the US...all caused by anti-vaxers

@@elkpaz560 Will check it out.

Yes & the wealthy get richer, the poor get poorer. How anyone can say this isn't about greed when this is happening, grand theft in broad daylight, is beyond me.

Yep. Blindingly obvious to anyone with a brain from almost day 1. Makes you wonder.

Well if you read the bible......if you have a brain it tells you of a world in chaos then the lawless one and his false prophet come and will sort it out ( order by chaos ) then after 3 half years he will force everyone to take the mark 666 on his hand or forehead and worship the beast (the devil ) do you not see where we are going.....convid passorts????? Then think they want a cashless society.....in the bible it says ( and no one rich or poor will be able to buy or sell unless he has the mark of the Beast.....meanwhile all born again Christians are being slaughtered....you have 7 years when he comes then think before he does come where you want to spend eternity!!!

A lot of economists don't seem to realize central banks, like the Federal Reserve, don't really print money (at least in the sense that they mean). Money is created by commercial banks, some onshore, some offshore (in the Eurodollar markets). All the Federal Reserve can do is mess around doing asset swaps: purchasing bonds, swapping them for Bank reserves. Reserves are a funny kind of money that virtually all stays within the banking/financial system and does not circulate within wider commercial markets/"the real economy". For most of the time the Fed creates money with a virtually zero velocity of circulation. The Government stimulus checks did for a while push money into a place where it could actually circulate within the real economy and in doing so added demand far beyond the capacity of the supply-side to meet it. Let's see what happens when higher prices have drained that money away. Sorry! I've gone off on one but when i read central banks have been "printing money" I get triggered haha!

Join UKIP. We are fighting back.

Inflation is a devaluation of currency.

Yes. It's not the price of things going up, more value of your money going down.

same here , money supply in excess of utlity as I put it but I'd say its planned to reduce government debt , the reader may differ on that

@@the_forbinproject2777 Forbin Project. Amazing film. Watched it on TV in the 70's and it made a big impression on me, very prescient. Look up Midjourney and DALL E 2 AI Art.. Here comes "The Voice of World Control" and I'm not looking forward ward to it..

The bastard political class in Britain are all corrupt. We need a general strike

Hi Aisla, I too watch everything Neil and David put out. They have more common sense and vision than the House of Commons.

I think you'll find the younger generation spends more time at work for little reward. Is it any coincidence that's there's more billionaires in existence nowadays? Boomers have the annoying habit of being too nostalgic about poverty along with corporal punishment for the young.

Chin up, Mr Parkinson, the resourceful will fare better than the beer-drinking sunbathers when the going gets tough. In the meantime, you may have to render unto Caesar, but you can still enjoy the the satisfaction that the food on the table comes from your own efforts.

Yeah & their kids roam in gangs causing trouble....& we pay for it all! I'm all in favour of a safety net, but these are generational career scroungers.

@@juvenalsdad4175 Thank you for your attempt at appeasement but it is marred by all the politicians remarks that the poorest need help first as regards the cost of living risis and energy bills. I have no confidence given that while I had time off work from covid I received no help whilst someone on benefits who has all their bills paid by my taxes recieved £200!!! Ask yourself who needed it most, theworking man perhaps or the benefits sunbather with no expenses. The politicians are vote chasers,after that they don't care, but thanks for trying.

There is an attitude in our country that denigrates low grade jobs. Not from me. I respect a burger flipper 1000 times more than a layabout.

The client state.

Those with commonsense said the same thing but as usual the morons in charge who are blinkered didn't think the same!🤬

Yes indeed, not many people were brave or honest enough to speak of the long term after effects of lockdowns, unemployment benefits etc and, as David explains, this is the reality we’re in. In my opinion, government policy was an overreaction.

@@mattc2094 Overreaction is a massive understatement, combined with far too many milking it for all it was worth.

@@dontuno The graft and fraud in the USA with all of the big companies, led by the airlines, grabbing tons of money when small businesses were an afterthought and got nothing, and those mom and pop stores on Main Street all closed down forever because they can’t start back up, they have no money, they lost their leases, the restaurants are closed, is truly the stinking stench of a pigsty of hungry greedy millionaires and billionaires at the trough

Mr. Starkey I really enjoy your excellent and thoughtful lectures on history and culture, in this case economics of the modern time. And to hear your stories about shopping for navy gear as a Randy gay chap in London was delightful. However, I don’t always align with your political outlook, and I must take exception on a couple of your assertions. I am an American not a Brit , so these could be inaccurate but here they go: 1. you lay the blame on Gordon Brown squarely for the mess Britain got itself in with Browns ill-advised economic strategy, but you fail to mention he was responding in an emergency situation to a problem that was created by the previous Prime Minister who didn’t have the backbone to stand up to the US fake war. Moreover you note, accurately, that the provision of mortgages for Americans not suitable risks to lend large amounts of money to ended up causing the near meltdown of the banking system, and suggesting that somehow the policy in the USA was automatically transmitted to Britain, as if again you had to do what the US was doing. How is that so? Perhaps you were copying a bad policy, but it wasn’t being enforced on you. I do believe Britain still has autonomy over its internal policies regarding its own finances. these ill-advised policies of Blair’s administration caused the inflation and now Mr. Gordon had to deal with. Just like Mr. Obama and Bush.. And you give a very dark warning of the Weimar republic to come if we don’t do something about their unrestrained spending, which I agree 100%. But as you know, although the economic situation was terrible in Germany after WW1, as well as the demoralization of the German people, again not largely created by the weimar republic but by the terrible debt and punishing policies after World War I visited upon the Germans that they were ineffective in managing. Moreover, although the economic situation was out of control bad, as you know you and I would be a lot safer in that era than the next, where We could dance cheek to cheek in a little cabaret, but with the rise of the brown shirts, we may find ourselves In a concentration camp acting out the play, “bent.” First we had the rise of communism and socialism to topple the royal and aristocratic families who held so much of the power and wealth all over Europe, in order to equalize power among the people, however the communist system also failed because ultimately (as we see in Russia and China) money and power is still held by a small group of oligarchs with very little for anyone else. capitalism was championed By the likes of Reagan, bush and Thatcher as the way for the economic engine to benefit the most, yet that also seems to be cracking as the very wealthiest billionaires are holding more power and leverage over the democratic government who is powerless now to do anything to regulate Their insatiable and immoral greed. So it’s been a series of experiments but we somehow just can’t get it right. Can we? You can’t give too much of it to any small group, but it always seems to go that way. The elite who attend the world economic forum don’t have our interests at stake:they are the leaders of the biggest companies, The owners of the assets and the supply chains, including land, food, energy and finances, the people with the most power and influence with heir messaging going right into our ears through our computers, Constantly surveilling us, mining our personal data so they can manipulate us better, controlling the media, and feeding the public fear messages and lies for manipulation. They create policy independent of any governing body that is supposed to be creating the policies. One feeds on the other, Government and defense, aerospace and oil companies, that create the necessity of war, and why America has been in a constant war since World War 2. any ruling system we create ultimately is corrupted by greed and desire for power, whether it is the Roman Catholic Church, the monarchy, communism or elite capitalism; they all exploit the lessers, that being us. elite capitalists are no longer the “noblesse oblige” accountable to government, but are robber barons and sexual perverts, largely doing whatever they want and calling the shots, corrupting and bribing politicians, using our own government secret service against our leaders to compromise them, trading weapons for crack cocaine to dump on the streets of Chicago all the while exhorting “just say no,” and blaming the largely black addicts for their disease, and throwing them in prison while powder cocaine users don’t go to prison. Just look at the promise of post -Apartheid South Africa: a heartbreaking reality. “Rainbow Democracy” was supposed to level the horrible inequities, and harken political and economic democracy for all its citizens. Bu the African leaders have shown themselves as corrupted as the worst Afrikaner, hey became bedmates of he British SA bankers, getting in on the grift with no interest in improving the lot of their own people. The people can vote, but they sill live in shanties and their lives remain much as when they were under Apartheid. Shameful.

Or you live in a "boom and bust" economie model

Love that

@@bestcomsystems4458 I'll read on, My heart rules my head sometimes ;)

I think he's echoing the book ' The Road to Serfdom'. the result being mostly the same.

Yes, David explains it really well. I like his example of Henry VIII’s coins, where the silver was watered down. Explains inflation very well

Hilariously if he gets the formula right, he could end up becoming more influential (and richer) on KZfaq that he ever could from mainstream media… …Unfortunately I suspect at his age he simply can’t be bothered.

@@bestcomsystems4458 You know what you are talking about.......hahahahaha jeepers man you should be in charge then hahahahaha. Yawn x195

Yeah me too, the only criticism is when he said the governments central bank? and did'nt explain how the very private central bank print money...

I agree, however, would like to point out the fact that the technology to produce petrol from coal exists, which is as cheap to produce as oil, as does plant based fuel tech. Just because oil runs out, it does not mean we grind to a halt, however, the same cannot be said for "green" energy, as only so much cobalt and lithium exist on earth, and unless we get the tech to produce more, we screwed in that direction.

Good and informative post but you may not be aware that Mr Starkey was very much one of your normie dross who fell for the C scam, indeed he wanted the needle to be made compulsory for all.

@@krisfraser6181 I followed him throughout the pandemic - he seemed very much in the vein of former supreme court justice lord Sumpton that it had all gone way to far. I think you might be confusing Starkey with Andrew Neil who went off throthing at the mouth on vaccine passports and compulsory vaccinations.

@@zoidberg444 listen to the Triggernometry episode David Starkey - I won't bow down to the Mob from 58 minutes to 69 minutes. As for Andrew Neil, I wouldn't waste my time.

there is no such thing as a "Trickle Down" Economy. only a Bubbling Up Economy ! everything from the Bottom rising to the Top ! a gigantic Pyramid Scheme ! and that includes Pensions !

The folk behind the curtain have the long term goals that allow this.

Until I found out he is pro compulsory c19 vax. Sorry Dave, I can't do that.... Unsubbed.

@@wolfiestreet6899 evidence please

@@benny532017 Triggernometry interview, start at around 58 minutes.

@@wolfiestreet6899 thanks - great precise reference! Wow that really hasn't aged well. Goes to show that even someone who can look clearly at history can be overwhelmed in the 'fog of war' I wonder if he still agrees with what he said now

A great bullshitter

What on earth makes you think that? Money supply may well be, now and historically, the chief cause. But not the definition. The clue is in the name. Prices _inflate_ , and governments _debase_ the currency (and it was that which governments used to do, for they never used to be able to print money as it was literally composed of precious metals).

@@rocketpig1914 I remember the real definition, before they changed the meaning of the word around 2013. All electronic documents can be and are changed as time passes. Inflation is called that because adding currency and credit into the economy is like pumping air into a balloon.

@@markvoelker6620 i was hoping you'd provide a bit more evidence

Irresponsible and unregulated lending doesn’t just affect the individuals who borrow irresponsibly it can also have far reaching repercussions financially for the many who are sensible with their finances as well. The banking and financial sectors are always on a winner due to controlling lending and owning debt,and it seems we still haven’t learnt from the crash in 2008.

Far, far too many & our supreme idiot president is going to spend us into a complete financial depression. If he, Harris & Pelosi dropped dead today, it would be a blessing.

80% OF All US Dollars In Existence Have Been Printed In Just The Past Two Years

Most big businesses/banks are just too big to fail so much that their collapse would further push the Domino effect, every bailout by the government is designed to prop up the Domino from falling even further

@@54032Zepol "Most big businesses/banks are just too big to fail ..." That is just a lie. Don't peddle other people's bullshit.

@@stevewatson6839 it's true look it up because your ignorance is showing

End the Fed.

They won't fall to what they were though.They never do. Stop falling for crap.

he gave the US as an example where despite being energy independent there is still inflation due to quantitative easing / printing money.

Mine too. Wonder what his reply would be now.

He explained that even though the USA is self sufficient in oil gas and food, they've got equally high inflation

@@freehand2090 Any inflation in the US that is caused by increased oil and gas prices is because that both of those items (and numerous others) are internationally traded commodities. If there is a World-wide shortage of any of those commodities there is a corresponding increase in its price.

I think of the British people as a herd of tax cattle - guided and prodded by the MSM. Fed their values by their betters.

Starkey was one of those who took it all in. Is now trying to rewrite his own recent history. The man called for those who refused the magic potion to be made second class citizens. Inconvenient facts which he tries to sweep under the carpet.

Good suggestion 👍🏼

How about 'suggestion' rather than criticism?

@@wolfiestreet6899 Fair point.