Is The Fed Getting 'Abolished'? Economist Explains 'End The Fed' Movement | Carola Binder

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David Lin

David Lin

Күн бұрын

Carola Binder, Associate Professor of Economics at Haverford College, discusses her inflation outlook, prediction for number of Fed rate cuts this year, and the origins "End The Fed" movement, which was detailed in her book "Shock Values: Prices and Inflation in American Democracy."
*This video was recorded on July 5, 2024
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0:00 - Intro
1:15 - Inflation outlook
7:00 - Inflation measurements
8:40 - 2% inflation target
11:45 - Price controls
13:55 - How many rate cuts this year?
14:30 - Central bank independence
18:36 - Monetary vs. fiscal policies
21:45 - 'End The Fed' movement
23:45 - Gold standard
26:20 - Fed's dual mandate
#economy #federalreserve #inflation

Пікірлер: 168
@victorsperandeo3609
@victorsperandeo3609 17 күн бұрын
With respect professor -your Keynesian education is worthless
@ryanmarosy2940
@ryanmarosy2940 17 күн бұрын
No more Fed reserve no more wars. They fund both sides
@DSD7733
@DSD7733 16 күн бұрын
Fed lost control long ago
@martinallen7528
@martinallen7528 17 күн бұрын
Sounds like propaganda to me
@wojak86
@wojak86 17 күн бұрын
exactly! #EndtheFed
@Phila80
@Phila80 17 күн бұрын
Yep, this woman is delusional.
@benjamin593
@benjamin593 17 күн бұрын
It's because she's using Keynesian economic theories instead of Austrian school methods. She certainly has a grasp of Fed historic policy though, because she treads their waters. Sadly her presuppositions are in contradistinction to reality.
@victief3177
@victief3177 16 күн бұрын
Maybe she is waiting for a job offer from the fed with her "critics" like everything could have been worse...
@jcgoogle1808
@jcgoogle1808 16 күн бұрын
18:33 Great questions,.. horrible answer. In fact it's shockinglyignorant for an economist to think this. Up to this point she was ok,.. but 1. The Fed doesn't print money. 2. The Fed doesn't putagun to the government's head and force them to steal from tax payers and deficit spend. Monetary policy follows fiscal policy. Monetary policy can only react to fiscal abuse. It doesn't lead it. The Fed didn't and doesn't force this insanecorrupt senileolejoeBribem admin and the demcorats (or any admin) tosteal from tax payers and unnecessarily and unprecedentedly continue to spend 50% more in 2021, 22, 23, 24,.. years after the pandemic is over than was spent the year before it started,.. while we're not even in a recession,.... (so we're told,.. in fact they say the economy is the best in history),.. or a WW to justify this unprecedented criminal fiscal deficit spending. All of this fiscal abuse is absolutely just to try to buy votes. Just look at the US government receipts and spending since 2019 and the current situation. This admin has been deficit spending 6 to 10% of GDP and getting 1 to 2% GDP growth,... giving us an entrenched sticky 4% inflation rate,.... all while the Fed is doing everything it can tofight inflation. If we "ended the Fed",.. prices would be over 30% higher. That $7 trillion (about 33% of M2) on the Fed's balance sheet would be out in the real economy diluting the value of the dollar by over 30%. We don't need to "end the Fed",... we need to end the governmentstealing from tax payers and the demcorats especially using tax payer money as its own personal campaign finance slush fund. Among other wastes and fraud in government spending,.. we need a balanced budget amendment that,.. limits deficits to say 3% of GDP in times of recession when GDP growth is negative and when the GDP growth is positive,... a deficit of 0%. People who say we need to end the Fed areclueless. The Fed doesn't run the budgets and spending.
@joshmccombs2365
@joshmccombs2365 16 күн бұрын
How can you trust anything when the source makes up the numbers lol😂
@benjamin593
@benjamin593 17 күн бұрын
She's so stuck in Keynesian theory that she can't see the forest for the trees.
@vallmak
@vallmak 16 күн бұрын
You have no idea what you're talking about.
@goldismoney5899
@goldismoney5899 16 күн бұрын
@@vallmak She is ignorant like you.
@prolific1518
@prolific1518 16 күн бұрын
​@@vallmak seriously anybody that's a professor is instantly labeled "Keynesian" and insulted. It really shows a lack of critical thought and intelligence.
@TheInflationGuy
@TheInflationGuy 16 күн бұрын
​@@prolific1518 she sounded like she knew nothing on the problems. It's not a label, this interview was awful.
@craig8031
@craig8031 17 күн бұрын
Absolutely useless interview - she sounds more like an apologist then anything else.
@jefferyedwards5003
@jefferyedwards5003 17 күн бұрын
Sounds like a Fed cheerleader talking about the end of the Fed? If you can go OFF the gold standard unilaterally, why can't you go back ON the gold standard unilaterally?
@iHaevDyslexia
@iHaevDyslexia 16 күн бұрын
Gresham's law
@prolific1518
@prolific1518 16 күн бұрын
US has no gold.
@josephdeutsch
@josephdeutsch 17 күн бұрын
10:15 why? Why is deflation bad? Why are lower prices bad?
@frankie2xx774
@frankie2xx774 17 күн бұрын
Inflation is great for us the people but the government won’t let that. Happen because with deflation the govt loses and they can’t inflate their debt away sucks for us. We have to pay the price for our governments reckless spending
@davebellamy4867
@davebellamy4867 17 күн бұрын
Bad for bankers. They go bust and can't print debt. Bad for debtors and governments and westerners are the biggest debtors.
@youtubesucks8024
@youtubesucks8024 16 күн бұрын
Deflation is the natural course of technological advancement. Technologies afford us better quality products, cheaper, and in more abundance. Inflation is artificial and has to be manufactured (i.e. printing money). Governments want inflation though, so we get inflation.
@l.a.mottern3106
@l.a.mottern3106 16 күн бұрын
Because you cannot TAX Deflation.
@prolific1518
@prolific1518 16 күн бұрын
Because it guarantees a recession. Majority of the people begging for a recession won't like the outcome.
@BPoweredLove
@BPoweredLove 17 күн бұрын
Not only was her info thoroughly incredible, as in not believable, but her monotone delivery made that difficult for me to get through. Jeez, David. I love you, bud, but what the hockey sticks was that?
@jimbobarooney2861
@jimbobarooney2861 17 күн бұрын
Centrals banks are "supposed" to counteract fiscal spending that may lead to inflation by raising rates. So you end up with high fiscal spending and high interest rates. This combination is highly inflationary. This is fiscal repression, which is all planned
@prolific1518
@prolific1518 16 күн бұрын
Bingo. We don't have a federal reserve. We have a political reserve that does what is best for the ruling class.
@jcgoogle1808
@jcgoogle1808 16 күн бұрын
Higher rates do NOT cause inflation,.. jeesuspheckingchrist. 18:33 Great questions,.. horrible answer. In fact it's shockinglyignorant for an economist to think this. Up to this point she was ok,.. but 1. The Fed doesn't print money. 2. The Fed doesn't putagun to the government's head and force them to steal from tax payers and deficit spend. Monetary policy follows fiscal policy. Monetary policy can only react to fiscal abuse. It doesn't lead it. The Fed didn't and doesn't force this insanecorrupt senileolejoeBribem admin and the demcorats (or any admin) tosteal from tax payers and unnecessarily and unprecedentedly continue to spend 50% more in 2021, 22, 23, 24,.. years after the pandemic is over than was spent the year before it started,.. while we're not even in a recession,.... (so we're told,.. in fact they say the economy is the best in history),.. or a WW to justify this unprecedented criminal fiscal deficit spending. All of this fiscal abuse is absolutely just to try to buy votes. Just look at the US government receipts and spending since 2019 and the current situation. This admin has been deficit spending 6 to 10% of GDP and getting 1 to 2% GDP growth,... giving us an entrenched sticky 4% inflation rate,.... all while the Fed is doing everything it can tofight inflation. If we "ended the Fed",.. prices would be over 30% higher. That $7 trillion (about 33% of M2) on the Fed's balance sheet would be out in the real economy diluting the value of the dollar by over 30%. We don't need to "end the Fed",... we need to end the governmentstealing from tax payers and the demcorats especially using tax payer money as its own personal campaign finance slush fund. Among other wastes and fraud in government spending,.. we need a balanced budget amendment that,.. limits deficits to say 3% of GDP in times of recession when GDP growth is negative and when the GDP growth is positive,... a deficit of 0%. People who say we need to end the Fed areclueless. The Fed doesn't run the budgets and spending.
@rof8200
@rof8200 16 күн бұрын
Keynesians never take into account wealth inequality in their macro models which makes their models totally inaccurate
@jefferyvarnum351
@jefferyvarnum351 17 күн бұрын
Damn she should open up a business reading minds. She knows what the Fed was thinking
@killap3nguin
@killap3nguin 17 күн бұрын
Why are you playing a clip of bernanke he’s a clown. Completely missed the 2008 financial crisis and was largely to blame. Inflation expectations don’t cause inflation increasing the money supply does. It’s not a serious interview if you are even spending time on this.
@terranceramirez4816
@terranceramirez4816 17 күн бұрын
Exactly, saying that inflation expectations cause inflation is effectively the same as saying that you have to believe in fairies for Tinkerbell to manifest into existence.
@ampiciline
@ampiciline 17 күн бұрын
well said bro
@BPoweredLove
@BPoweredLove 17 күн бұрын
But whatever can you mean?! Bernanke won the MFing Nobel Prize in economics a couple of years ago! OBVIOUSLY he was great running the Fed and taking us right into the GFC!! We live in a clown world. All throughout 2008, he kept telling us the economy is strong, much like Jay is doing today. Then the NBER finally announced we were in a recession. When? They announced it the month after the election was over and backdated it exactly one year. UNBELIEVABLE. Jay is no better than Benny, in my estimation.
@AntonioMaurer503
@AntonioMaurer503 16 күн бұрын
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@AntonioMaurer503
@AntonioMaurer503 16 күн бұрын
She's mostly interacts on Telegrams, using the user-name...
@AntonioMaurer503
@AntonioMaurer503 16 күн бұрын
WhitneyEston.
@TariqOsman646
@TariqOsman646 16 күн бұрын
I appreciate the professionalism and dedication of the team behind Whitney's trade signal service.
@Heather53466
@Heather53466 16 күн бұрын
It was quite challenging to understand the different trends on my own until i found out about Eston. Trading made easy.
@LoriArredondo
@LoriArredondo 16 күн бұрын
What I appreciate about Whitney Eston. is her ability to tailor strategies to individual needs. She recognizes that each investor has unique goals and risk tolerances, and she adapts her advice accordingly.
@m.s.andbitcoinlife3636
@m.s.andbitcoinlife3636 17 күн бұрын
David, you need to sick to Austrian Exonomists. Not this absurd Keynesian MMTers…
@artjogo
@artjogo 17 күн бұрын
I agree but it's good to hear both sides of the isle. Furthermore, it's time to abolish this Keynesianism experiment. It's only hurting the people, the people need real money not this fake backed federal reserve note that we need to pay interest on.
@ampiciline
@ampiciline 17 күн бұрын
he dose not care ...he wants to get his views
@m.s.andbitcoinlife3636
@m.s.andbitcoinlife3636 17 күн бұрын
@@ampiciline yup
@m.s.andbitcoinlife3636
@m.s.andbitcoinlife3636 17 күн бұрын
Although, I do think if he had more credible guess consistently he would have a much big audience. Honestly, he loses complete credibility having people like this on. I am less likely to follow him because of this.
@ryanmarosy2940
@ryanmarosy2940 17 күн бұрын
Yeah David let The Keynesian and Austrian Schools do videos on this same subject…let the public decide man
@iginlacow
@iginlacow 17 күн бұрын
her saying 2% inflation is actually 0% is a big deal. I would like to see data to back up that claim, or more information on why she thinks this is correct. People want to abolish the FED because 0% interest has never been on the table. In fact, it's argued the FED exists because its impossible for them to exist without inflation. Therefore, I would like to understand why shes claiming 0% to exist, because if so, why do we need the FED?
@prolific1518
@prolific1518 16 күн бұрын
Understand the relationship between money supply, productivity, and inflation.
@l.a.mottern3106
@l.a.mottern3106 16 күн бұрын
Before we "End The Fed" someone needs to come out and tell us What would replace it. Nobody has publicly articulated that to my knowledge or satisfaction.
@jcgoogle1808
@jcgoogle1808 16 күн бұрын
A balanced budget amendment would help,.. but you still need the Fed. 18:33 Great questions,.. horrible answer. In fact it's shockinglyignorant for an economist to think this. Up to this point she was ok,.. but 1. The Fed doesn't print money. 2. The Fed doesn't putagun to the government's head and force them to steal from tax payers and deficit spend. Monetary policy follows fiscal policy. Monetary policy can only react to fiscal abuse. It doesn't lead it. The Fed didn't and doesn't force this insanecorrupt senileolejoeBribem admin and the demcorats (or any admin) tosteal from tax payers and unnecessarily and unprecedentedly continue to spend 50% more in 2021, 22, 23, 24,.. years after the pandemic is over than was spent the year before it started,.. while we're not even in a recession,.... (so we're told,.. in fact they say the economy is the best in history),.. or a WW to justify this unprecedented criminal fiscal deficit spending. All of this fiscal abuse is absolutely just to try to buy votes. Just look at the US government receipts and spending since 2019 and the current situation. This admin has been deficit spending 6 to 10% of GDP and getting 1 to 2% GDP growth,... giving us an entrenched sticky 4% inflation rate,.... all while the Fed is doing everything it can tofight inflation. If we "ended the Fed",.. prices would be over 30% higher. That $7 trillion (about 33% of M2) on the Fed's balance sheet would be out in the real economy diluting the value of the dollar by over 30%. We don't need to "end the Fed",... we need to end the governmentstealing from tax payers and the demcorats especially using tax payer money as its own personal campaign finance slush fund. Among other wastes and fraud in government spending,.. we need a balanced budget amendment that,.. limits deficits to say 3% of GDP in times of recession when GDP growth is negative and when the GDP growth is positive,... a deficit of 0%. People who say we need to end the Fed areclueless. The Fed doesn't run the budgets and spending.
@proenglishschool3120
@proenglishschool3120 16 күн бұрын
Sorry, gotta go arrange my sock drawer.
@igors615
@igors615 16 күн бұрын
Like your videos David! However, this lady sounded like one of the Fed speakers...
@chrishardin7183
@chrishardin7183 16 күн бұрын
How can Fed officials, who are not elected, create debt that becomes owed by all Americans?
@victief3177
@victief3177 16 күн бұрын
Ending the FED doesn't automatically mean going back to a gold standard. The gold standard was in place decades while the FEDs miss-managing money. So even if I agree going back to the gold standard is not the solution it doesn't contradict abolish the FED!
@PockellHaoVan
@PockellHaoVan 15 күн бұрын
Every new partnership announcement gets me more excited about Vematum!
@davebellamy4867
@davebellamy4867 17 күн бұрын
"There were some times when the Gold Standard worked." Duh. Yeah, like a whole century and before that it was 1000s of years of bimetallism: gold and silver effectively. Add bronze, copper and tin too.
@thriftybob
@thriftybob 16 күн бұрын
BTW: READ the Coin act of 1793, currency debasement is punishable by death. The law has never been repealed.
@Phila80
@Phila80 17 күн бұрын
Inflation coming down? This woman is delusional. Another expert. Wink wink.
@mutantryeff
@mutantryeff 16 күн бұрын
The PEOPLE have become the frogs in the Federal Reserves slow boiling pot of inflation since 1913.
@ALLworldCONSTRUCTIONLLC
@ALLworldCONSTRUCTIONLLC 16 күн бұрын
Yes, it’s called disinflation even though she didn’t use that terminology inflation is still at play, just the rate of increase has slowed
@Phila80
@Phila80 16 күн бұрын
@@ALLworldCONSTRUCTIONLLC Yes, the core inflation rate has come down. However, the core inflation rate doesn't meaure many items that contunue to be higher. Food, utilites, and rent being a few.
@Cassander314
@Cassander314 16 күн бұрын
Seize collateral assets from LBOs, starting with the largest appraised values, until the debt is resolved, auctioning them off at their actual prices (that which someone will pay) will drop the debt to nothing
@TheDavidLinReport
@TheDavidLinReport 17 күн бұрын
Do you think the Fed should be "abolished"? Comment your thoughts below and don't forget to subscribe FOLLOW CAROLA BINDER: Twitter (@cconces): x.com/cconces Shock Values: press.uchicago.edu/ucp/books/book/chicago/S/bo215190546.html Carola's research: www.brookings.edu/people/carola-binder/
@jcgoogle1808
@jcgoogle1808 16 күн бұрын
There's good deflation and bad deflation. Productivity driven deflation is good. Negative economic growth driven deflation is bad. 18:33 Great questions,.. horrible answer. In fact it's shockinglyignorant for an economist to think this. Up to this point she was ok,.. but 1. The Fed doesn't print money. 2. The Fed doesn't putagun to the government's head and force them to steal from tax payers and deficit spend. Monetary policy follows fiscal policy. Monetary policy can only react to fiscal abuse. It doesn't lead it. The Fed didn't and doesn't force this insanecorrupt senileolejoeBribem admin and the demcorats (or any admin) tosteal from tax payers and unnecessarily and unprecedentedly continue to spend 50% more in 2021, 22, 23, 24,.. years after the pandemic is over than was spent the year before it started,.. while we're not even in a recession,.... (so we're told,.. in fact they say the economy is the best in history),.. or a WW to justify this unprecedented criminal fiscal deficit spending. All of this fiscal abuse is absolutely just to try to buy votes. Just look at the US government receipts and spending since 2019 and the current situation. This admin has been deficit spending 6 to 10% of GDP and getting 1 to 2% GDP growth,... giving us an entrenched sticky 4% inflation rate,.... all while the Fed is doing everything it can tofight inflation. If we "ended the Fed",.. prices would be over 30% higher. That $7 trillion (about 33% of M2) on the Fed's balance sheet would be out in the real economy diluting the value of the dollar by over 30%. We don't need to "end the Fed",... we need to end the governmentstealing from tax payers and the demcorats especially using tax payer money as its own personal campaign finance slush fund. Among other wastes and fraud in government spending,.. we need a balanced budget amendment that,.. limits deficits to say 3% of GDP in times of recession when GDP growth is negative and when the GDP growth is positive,... a deficit of 0%. People who say we need to end the Fed areclueless. The Fed doesn't run the budgets and spending.
@trevordowney6425
@trevordowney6425 16 күн бұрын
Massie's wife mysteriously died too. So sad. He's one of the very few good American congressmen. Our government is evil.
@wojak86
@wojak86 17 күн бұрын
Sounds like these two work for the Fed
@DoanKimNganNhung
@DoanKimNganNhung 15 күн бұрын
Do you think Vematum will pump before XRP?
@esthefanyhernandez7751
@esthefanyhernandez7751 17 күн бұрын
I’m one bad interview away from unfollowing
@pdmorrill1383
@pdmorrill1383 17 күн бұрын
Sorry for the 'type-o' "and they'd control the world."
@user-we9hx5ex1v
@user-we9hx5ex1v 16 күн бұрын
Some stuff in this Old MacDonald Farm should be understood opposite, independent is in dependent, monetary system have military like structure
@BangTamCb7
@BangTamCb7 15 күн бұрын
I only invest in presales, biggest returns. That is why I love Vematum. The key is to get in early guys.
@EnricaThuHuong
@EnricaThuHuong 15 күн бұрын
My top picks for bull run are DOT, FIL, and SOL. And best ICO to invest is Vematum, huge potential.
@pdel303
@pdel303 16 күн бұрын
What's that BonJovi song "inflation hurts, and Fed's to blame, they give gold, a bad name" ( profuse apologies to the songwriter )
@robertbender73
@robertbender73 16 күн бұрын
Start small with gold standard. Require 20% gold backing for the dollar and slowly increase reserve with GDP improvement
@davidneidich5989
@davidneidich5989 16 күн бұрын
Do you know what PhD stands for? Piled higher and Deeper. The Fed, Universities, and Guvment is full of them🤣🤣
@DanellKieuOanh
@DanellKieuOanh 15 күн бұрын
Clearing out all my Alts going into BTC and Vematum only, maybe a little BNB and SOL
@ampiciline
@ampiciline 17 күн бұрын
David please bring back Jason Shapiro ....we don't need these joker economists ( MMT )
@JohnLin-kg5eu
@JohnLin-kg5eu 16 күн бұрын
FIAT money enables you to print and spend "free" money until the system collapses....QED
@AwtaMadik
@AwtaMadik 16 күн бұрын
You should of asked Janet Yellen Jr what's up with all these revisions by the Bureau of Labor Statistics on their reports.
@jakec.4356
@jakec.4356 16 күн бұрын
More academic experts… great!!! … what goes next?
@69pepe420
@69pepe420 17 күн бұрын
gold, silver, and BITCOIN!
@1p4g
@1p4g 17 күн бұрын
Bitcoin is the ultimate fiat, it makes nothing, it's backed by nothing, and it.ll soon go away like a popcorn fart, "Puff and its gone"
@Cassander314
@Cassander314 16 күн бұрын
We need to shut down the exchanging of stock
@countdown2xstacy
@countdown2xstacy 16 күн бұрын
Inflation is still way up. I saw a 15oz can of Progresso soup for $5.19 and a 48oz Breyers ice cream for $8.99 in Bridgeport CT. That’s insane !
@Treasurybondss
@Treasurybondss 17 күн бұрын
So true
@LaiThuThao
@LaiThuThao 15 күн бұрын
I believe Vematum token will go 100x after launch on Binance
@trevordowney6425
@trevordowney6425 16 күн бұрын
"The labor market is still strong" uh, ok...
@perthjc
@perthjc 16 күн бұрын
I stopped counting at 56 x 'Um's'
@Sparta1993
@Sparta1993 17 күн бұрын
Careful. Historically speaking, people get whacked for trying that.
@goldilocksminer8393
@goldilocksminer8393 15 күн бұрын
2% inflation is price stability? Oh.
@wavymcfly
@wavymcfly 17 күн бұрын
Should’ve interviewed Ron Paul for the END THE FED movement details. We started back in 2007 when these kids were still frosting their hair.
@Matt-ru5rw
@Matt-ru5rw 17 күн бұрын
Ron loves his government welfare. Him and his stupid kid are both frauds cause they love their government checks.
@Userhfdryjjgddf
@Userhfdryjjgddf 17 күн бұрын
Oh sorry listened a few more. This lady is a mouthpiece for someone in power. Is she truly trying to tell us they are counting inflation more accurate now??? Ive heard it all now
@davebellamy4867
@davebellamy4867 17 күн бұрын
Even Professor Hanke said in one of these interviews that the inflation numbers were accurate. I nearly fell off my chair. Professors are recipients of government largesse and generally totally embedded into the system and sold into it. So what would we expect from them?
@Dan16673
@Dan16673 16 күн бұрын
She doesn't seem to understand the limitless credit since the 70s amhas created a monster
@gmanlive5764
@gmanlive5764 16 күн бұрын
Deflation would be great! The nation needs deflation 30-50 percent deflation
@vallmak
@vallmak 16 күн бұрын
deflation is self-reinforcing. it would cause a depression.
@jcgoogle1808
@jcgoogle1808 16 күн бұрын
There's good deflation and bad deflation. Productivity driven deflation is good. Negative economic growth driven deflation is bad. 18:33 Great questions,.. horrible answer. In fact it's shockinglyignorant for an economist to think this. Up to this point she was ok,.. but 1. The Fed doesn't print money. 2. The Fed doesn't putagun to the government's head and force them to steal from tax payers and deficit spend. Monetary policy follows fiscal policy. Monetary policy can only react to fiscal abuse. It doesn't lead it. The Fed didn't and doesn't force this insanecorrupt senileolejoeBribem admin and the demcorats (or any admin) tosteal from tax payers and unnecessarily and unprecedentedly continue to spend 50% more in 2021, 22, 23, 24,.. years after the pandemic is over than was spent the year before it started,.. while we're not even in a recession,.... (so we're told,.. in fact they say the economy is the best in history),.. or a WW to justify this unprecedented criminal fiscal deficit spending. All of this fiscal abuse is absolutely just to try to buy votes. Just look at the US government receipts and spending since 2019 and the current situation. This admin has been deficit spending 6 to 10% of GDP and getting 1 to 2% GDP growth,... giving us an entrenched sticky 4% inflation rate,.... all while the Fed is doing everything it can tofight inflation. If we "ended the Fed",.. prices would be over 30% higher. That $7 trillion (about 33% of M2) on the Fed's balance sheet would be out in the real economy diluting the value of the dollar by over 30%. We don't need to "end the Fed",... we need to end the governmentstealing from tax payers and the demcorats especially using tax payer money as its own personal campaign finance slush fund. Among other wastes and fraud in government spending,.. we need a balanced budget amendment that,.. limits deficits to say 3% of GDP in times of recession when GDP growth is negative and when the GDP growth is positive,... a deficit of 0%. People who say we need to end the Fed areclueless. The Fed doesn't run the budgets and spending.
@NgoHaManNhi
@NgoHaManNhi 15 күн бұрын
The FOMO is real with Vematum - get in before it takes off!
@goldismoney5899
@goldismoney5899 16 күн бұрын
1 min 30 seconds....Done. She doesn't even have inflation right. Typical "economist". END THE FED. Gold is money.
@powerup032
@powerup032 17 күн бұрын
So according to her printing a ton of money wasn’t the reason for inflation, and it was due to supply issues. If it was strictly only from supply issues why doesn’t the fed just print more money until every debt is paid? I’d like to know what does she think the consequences were to printing a lot of money in the last few years or are we going to pretend that didn’t happen… this is the problem with current monetary policy, they ignore or downplay inconvenient factors.
@jimmylabb5868
@jimmylabb5868 15 күн бұрын
She's delusional no one can destroy or manipulate the Kosher monetary system!
@trevordowney6425
@trevordowney6425 16 күн бұрын
Don't believe in the gold standard but believe in fiat... ok...
@deanchristie3829
@deanchristie3829 14 күн бұрын
Great...end the FED...and give the keys to the printing press to Nancy Pelosi? Not. Which member of Congress then? None. Can't end the FED. Otherwise, who is there to blame? Nobody seems to be blaming the spend thrifts. Are we not allowed to critise Congress?
@Cassander314
@Cassander314 16 күн бұрын
You just need the presidents power of sanction and seizure
@1q3er5
@1q3er5 16 күн бұрын
is she reading her answers off google?
@LuongThanhThanhHuyen
@LuongThanhThanhHuyen 15 күн бұрын
Vematum keeps popping up in my crypto circles. Seems like a rising star!
@adtiamzon3663
@adtiamzon3663 16 күн бұрын
Out of touch wiith REALITY Central Bank Policymakers!!! Indeed. The 🇺🇲 US Federal Reserve 's TWO Per Cent INFLATION TARGET based on prepared FED's DATA, however, relevant, correct, and reliable that data gathered is!!
@iginlacow
@iginlacow 17 күн бұрын
You cannot get a bigger FED shiller than this gal lmaooooooooooa. wild
@user-ds7rf8kd1o
@user-ds7rf8kd1o 16 күн бұрын
sadly.. but.. the banksters.. the Fed..Have you sailed..???
@Anamericanhomestead
@Anamericanhomestead 17 күн бұрын
READ a history book PROFESSOR. A return to a gold and silver standard from FIAT has happened many many times throughout history. The only thing holding you back from this acceptance is your cognitive dissonance.
@kimberlyd317
@kimberlyd317 16 күн бұрын
Expects that have every sentence riddled with ummms are hard to listen to.
@tsiwt
@tsiwt 16 күн бұрын
A professor that says “emm” “uhhh” is so unprofessional
@jaysouth3330
@jaysouth3330 17 күн бұрын
Why do we need to have 2% inflation, annually? Anyone?
@mikedriver6560
@mikedriver6560 16 күн бұрын
I have a hard time with a speaker that says "uhm", so much. Have you had a job outside of a college? "Uhm ..."
@hamzael5969
@hamzael5969 16 күн бұрын
Focus on your children and chickens instead
@esthefanyhernandez7751
@esthefanyhernandez7751 17 күн бұрын
She said “hmmm” 10,756 times 💀 David! Please, do better
@1q3er5
@1q3er5 16 күн бұрын
bruh she has her own book... take her seriously !
@Mr_Hundredaire
@Mr_Hundredaire 17 күн бұрын
She doesn't want to tell the truth, or can't
@AV24274
@AV24274 16 күн бұрын
Shes a plant
@jjwatt5126
@jjwatt5126 17 күн бұрын
Great interview
@ogfoundation
@ogfoundation 17 күн бұрын
Wise woman w/5 kids and a flock of chickens!
@davebellamy4867
@davebellamy4867 17 күн бұрын
Errr, nope.😂🤣
@crossclimb1504
@crossclimb1504 16 күн бұрын
Not your best guest, David.
@kiyoshitakeda452
@kiyoshitakeda452 17 күн бұрын
Good guest. Thank you both.
@goldilocksminer8393
@goldilocksminer8393 15 күн бұрын
I cant watch this bs.
@Willfully_Ignorant
@Willfully_Ignorant 16 күн бұрын
This woman has the personality of a cardboard box.
@vandydandy2697
@vandydandy2697 17 күн бұрын
How anyone didn’t lock in a low rate shocks me. Did they never look at a historical rate map? They all made most of their money post 2009 and thought that was normal.
@hobarttobor686
@hobarttobor686 17 күн бұрын
owners equivalent rent? no such thing...
@m.s.andbitcoinlife3636
@m.s.andbitcoinlife3636 17 күн бұрын
David, you need to sick to Austrian Exonomists. Not this absurd Keynesian MMTers…
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