This Hasn't Happened Since the Great Depression

Рет қаралды 97,145

Күн бұрын

Get an exclusive report on the security of your bank and a free consultation from a McAlvany advisor.
Visit mcalvany.com/heresy
For most of human history, the money supply's average growth rate was around one and a half percent. This is because money was gold. For thousands of years. And so, if you wanted more money, you would either just sell something to get money or you would have to go dig it out of the ground. You might think, "Why would everybody not just dig money out of the ground?
That is because it costs money to do that. So, you will not do that if it takes you more than a dollar to get a dollar's worth of gold out of the ground. Because of this, the growth rate in the total supply of gold was stable over time, around one and a half percent. But with the invention of fiat currency, this game changed.
Suddenly, the money supply could expand at record paces without anything forcing it to contract again. But something is happening today that has not happened since the Great Depression. The money supply is contracting again, and it is shrinking faster than it has shrunk since the Great Depression. So why is the money supply contracting so quickly today?
What are the consequences of this? And most importantly, what will the Fed's response to these consequences be?
Timecodes
0:00 Introduction
3:05 How Money Used to Work
5:32 The Great Depression
9:00 How Money Works Today
10:26 Where is the Money Going
13:03 Consequences
15:56 Policy Response
My Courses:
Join Heresy Financial University and Learn how to Grow and Protect your Wealth
heresyfinancial.teachable.com...
My New Book: Why We Need the Fed (blank gag book) a.co/d/a7caB8Y
My Recommended Affiliate Partners:
Miles Franklin Precious Metals (tell them I sent you) www.milesfranklin.com/contact/
Monetary Metals monetary-metals.com/heresy-fi...
Vaulted vaulted.blbvux.net/2rXX47
OneGold (Code Heresy1x) bit.ly/3mS6dNo
iTrustCapital (Get $100 of BTC) itrust.capital/heresy
Swan Bitcoin (Get $10 of BTC) bit.ly/swnhrsy
Ledger bit.ly/ldgrwlt
TradingView bit.ly/tvchrts
GroundFloor groundfloor-finance.sjv.io/mg...
Fundrise fundrise.sjv.io/Ygg2NO
All my socials are @HeresyFinancial
Twitter: / heresyfinancial
Insta: / heresyfinancial
TikTok: / heresyfinancial
Reddit: / heresyfinancial
Rumble: rumble.com/c/HeresyFinancial
I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.
#GreatDepression #TheFed #Delfation #USDollar

Пікірлер: 407

@johnlennon232 Жыл бұрын

I would say TAKE ADVANTAGE OF THE RECISSION! Recessions are an unavoidable part of the economic cycle; all you can do is prepare for them and plan accordingly. I graduated into a slump (2009). My first job after graduating from college was as an aerial acrobat on cruise ships. Today, I work as a VP for a global corporation, own three rental properties, invest in stocks and businesses, run my own company, and have increased my net worth by $500k in the last four years.

@alexyoung3126 Жыл бұрын

Thats commendable dear. You should consider imploring the services of a Financial Advisor so you don't get ripped off in the market. They provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.

@joesphcu8975 Жыл бұрын

I completely agree with you; they can have a positive impact on an individual's portfolio. I started with a trust Financial Advi-ser named “Helene Claire Johnson'. She is verifiable, and her approach is transparent, allowing me full ownership and control of my portfolio while charging very low fees in comparison to my portfolio earnings.

@stephaniestella213 Жыл бұрын

Oh nice! Helene really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her. Thank you!!!

@thetruthisoutthereyt Жыл бұрын

@@stephaniestella213 how do you pick your targets?

@jasonmoss-qk8oh Жыл бұрын

scam thread

@joeyk19801 Жыл бұрын

I never want to hear "the Fed didn't learn their lesson" ever again. Stop thinking the Fed is inept or "making mistakes"... They know EXACTLY what they're doing. EXACTLY

@certifiedhoarder Жыл бұрын

Yeah, enslaving the nation from within, on schedule.

@michaelnienaber8263 Жыл бұрын

Correct

@jvz28az Жыл бұрын

Obama said he wanted to transform the nation. It started with him and his policies and has continued with Biden.

@certifiedhoarder Жыл бұрын

@@jvz28az harry dexter white wrote the charters for the world bank and IMF while loyal to stalin, as a US treasury assistant secretary. It didnt start under obama. It started under satan.

@Okie93 Жыл бұрын

I just realized that all problems we have had over the past 100 years has been due to the Federal Reserve. Not just financial problems, but every single cultural problem is supported by this debt based system

@cfroi08 Жыл бұрын

People are waking up to this especially in our state. No coincidence the LGBTQ movement didn't gain traction until Occupy Wall Street. We need to follow Texas and get a gold/silver depository.

@ryanborder189 Жыл бұрын

Spot on-inc wokism and war-they could not be funded without it!

@randyjones3050 Жыл бұрын

Correct. Without external restraints humans will engage in every conceivable sort of debauchery. Most of the cultural insanity we have experienced with increasing frequency over the past few decades was all enabled by our debt based monetary system and access to easy money and easy credit. Hard money requires a culture that encourages responsible personal behaviour, stable families, savings, and capital accumulation to invest for the future. Debt based fiat systems require the exact opposite values...borrow as much money to get ahead and live only in the present. As one example, it is no coincidence that women were forced out of the home and into the workforce at about the same time that the United States went off of the gold standard. The two things are linked.

@ryanborder189 Жыл бұрын

@@randyjones3050 100% correct!

@patricktrussell7465 Жыл бұрын

And , their tainted money controls the social in the society .

@landonchurch1 Жыл бұрын

Since there's no way they don't know this, they are doing this on purpose!

@cg1811 Жыл бұрын

Ofcourse

@johnsmithe4656 Жыл бұрын

Yes, they want to force a recession, or get close to a recession, because that brings inflation down -- ripping the band-aid off, as Benjamin Cowen says. It's actually logical. We are not experiencing deflation at all right now, we're still experiencing high inflation. That's why. Inflation is slowing, and that's called disinflation. Let's not confuse disinflation and deflation. The Fed DOES NOT want deflation. If we get into low inflation or deflation, the money printer gets turned back on, QE is in full effect, and the market comes roaring back. What's really weird about this particular 'recession' is the historically low unemployment numbers. We've never experienced THAT before, and yet Heresy didn't even mention it. Kind of weird. There are a LOT of indicators worth looking at. If you focus on only a few then you can create whatever narrative you want without having to explain away the counter-indicators. Comparing our current economics to the midst of the Great Depression is labored.... There are too many differences to make it a good one-to-one comparison. I will say though, that it's a very simple narrative, good for click bait.

@marksommers6089 Жыл бұрын

The creators of the FED. RES. , E. MANDELL HOUSE, And his pals, formulated this at a secret meeting on Jekyl Island - They said, from now on, " Economic Depressions will be Scientifically Engineered " -- The Ultimate " Long Con" ........

@IT_Farhan Жыл бұрын

And they should be doing it, burst the bubble

@landonchurch1 Жыл бұрын

It's not a huge secret that this will lead to CBDC!

@roseroland1998 Жыл бұрын

Major indexes booked their worst yearly performance since 2008 thanks to drivers like the recession, war, hiked interest rate and inflation which so far doesn’t seem to be easing off, so I’m left wondering what 2023 has in store for us investors, I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy or do I wait?

@lisaollie4594 Жыл бұрын

It’s a good time to buy in on the market, so seize the opportunity to purchase stocks on sales. I would say have a mentor. Not sure where you will get an experience one, but if your knowledge of the market is limited, it seems like a good bet.

@louisairvin3052 Жыл бұрын

@thelastunicorn1987 My portfolio is down over 15% just last month alone and It’s been that way for the best part of 2022 and I really could use professional help, I’m close to retirement. How long have you worked with an investment adviser before and could recommend any?

@louisairvin3052 Жыл бұрын

@thelastunicorn1987 oh! i never take this advises online seriously, but i checked Kaitlin up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response.

@1Skeptik1 11 ай бұрын

Over the past 50 years, inflation averaged 4.75 % year over year (I'm 72 and lived it). There is your benchmark or break-even rate and Biden's budget projected over the next 10 years tells us to expect no change. That means the price of commodities doubles every eleven years. I play the residential real estate game and do very well. It is a hands-on business and often a pain in the butt but it is lucrative if you know what you are doing. Cheers!

@zoeytank2921 Жыл бұрын

Inflation and Recession are dilapidating. Quite sad what's happening in the market. Although, even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. The market circumstances are driving me insane, my portfolio has lost almost $13K this month alone, my earnings are tanking. I'd appreciate some financial advice from anyone who knows more going forward.

@champhallier8468 Жыл бұрын

That's true, I'm thinking of investing in stocks or digital assets to grow my money for the first time, but I lack the in-depth knowledge and mental toughness to deal with these recurring market conditions. please any advice or pointer on how to outperform the market producing good returns.

@graceocean8323 Жыл бұрын

Only a good FA will be enough to guide you through the current market volatility. I've been speaking with an advisor for a while now, primarily because I don't have the necessary expertise or stamina to handle these recurrent market conditions. The fact that I made over $220K during this downturn proved that there is more to the market than the typical person is aware of. The greatest course of action right now is to have an investing consultant, especially for people who are nearing retirement.

@mcginnnavraj4201 Жыл бұрын

@@graceocean8323 We’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?

@graceocean8323 Жыл бұрын

@@mcginnnavraj4201 My Financial Advisor is JEANNE LYNN WOLF. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.

@mcginnnavraj4201 Жыл бұрын

@@graceocean8323 She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.

@brettweyman9435 Жыл бұрын

I have worked in real estate private equity most of my career, and the Markets Group in the Federal Reserve Bank of New York during my graduate studies. Currently a consultant trying to prepare for the disruption to professional services caused by AI. I've been following you on KZfaq for ~2 years now and I wanted to tell you and those reading the comments that your videos are a WEALTH of appropriate and correct information. You are consistently over the target and provide incredible background. Even though I consider my career to be advanced in the realm of capital markets, I also learn a lot from your videos. I have yet to visit your website, but will certainly dive deeper into your content. You are doing people an incredible service by educating them on macro issues and considerations for their financial planning. Investments as well. Wanted to share. Cheers!

@archmdc370 Жыл бұрын

What a wonderful edifying post @B W. I agree, Joe's videos have taught me so much.

@ZC965Tt Жыл бұрын

Is all your knowledge learned on KZfaq this is awesome, I think it's important that a person can do a good job consistently, it's simply too comfortable

@KingDavid-jj7tk Жыл бұрын

A number of the most eminent market experts have been expressing their views on the severity of the impending economic downturn and the extent to which equities might plummet. This is because the economy is heading towards a recession and inflation is persistently above the Federal Reserve's 2% target. As I'm aiming to create a portfolio worth no less than $850,000 before I turn 60, I would appreciate any advice on potential investments.

@thatchinaboi1 Жыл бұрын

M2 money supply is the amount of DOMESTIC currency in circulation. Not the total money supply. Remember, The US Dollar is a global currency. There is the entire Euro Dollar Market that is outside of M2 calculations.

@christianlibertarian5488 Жыл бұрын

Very pertinent. I have yet to see any discussion of the effect of the international dollar holdings on either US or international economic activity. There is plenty of historical info. on what happens in the US, but that was a different world. I am speculating that the national catastrophes we are seeing in places like Sri Lanka and Pakistan are related to it, but I don't know exactly how.

@thatchinaboi1 Жыл бұрын

@@meiko_kaji How do you know? Those figures are not published.

@user-vz8ym5st3p Жыл бұрын

The Great Depression was caused by a controlled demolition of the economy by the Federal Reserve Bank. Their goal was to take control of smaller, community banks. The Bank of Phoenix became the NATIONAL Bank of Phoenix. This consolidated the central bank's power over the economy of the US. The present situation is not a controlled demolition. This is the result of BRICS rejecting the fiat currency set up by the central bank in 1971 when Nixon took the dollar off the gold standard. Massive inflation was the result, but low debt with the Federal Govt allowed the treasury to borrow our way out of it, temporarily. That temporary "fix" is now collapsing in on itself. We have nowhere to go, except into a greater depression.

@HTub-bo2yl Жыл бұрын

Brics have not had that effect yet. They wish.

@rogerstone1842 Жыл бұрын

I'm wondering if folks who went through the 2008 financial crisis had it easier than me right now. The market conditions these days are really causing me a lot of stress, with my portfolio taking some big hits over the past few months and my profits dwindling. I'm worried that this could put a wrench in my retirement plans. what's the best way to take advantage of this bear market?

@lucyAngletont Жыл бұрын

The market always goes up , Keep investing and you will be fine.

@RandyPelletier Жыл бұрын

I grew to a 7 figure well-diversified portfolio. I only buy quality firms, anticipate to hold them regardless of what happens, pay up but not too much, keep track, sell only when necessary, and be ready to course correct. also ignore the forecasts and market views which are at best entertaining but completely useless. ever grateful to Trisha Jean Webb my F.A... she is super helpful to a lot of beginners out there.

@rogerstone1842 Жыл бұрын

@@RandyPelletier Did a quick web search, she is very impressive , left a mail after going through her resume.

@MatrixUSA Жыл бұрын

@@lucyAngletont Except not in your LIFETIME !!

@jeffrucks4477 Жыл бұрын

Short answer,no it wasn't easier then.

@danmcnerney7886 Жыл бұрын

They print up not only the money. It is the congressional IOU bonds also. Defaulting is no more spending.

@audioman205 Жыл бұрын

What a clear and thorough explanation.

@chrismcaulay7805 Жыл бұрын

there is a 3rd option... We can cut the budget 10-20%, and pay down the debt. I mean the government will never let that happen, but it would work. If we did that we could be paying back 1 Trillion dollars per year...

@Avarua59 Жыл бұрын

Besides default that is really the only other solution.

@itshardmakinganamefo Жыл бұрын

Janet, Joe, and Jerome told me everything is ok though 😢

@Jeff__M Жыл бұрын

I like ice cream! 🍨

@joeswanson733 Жыл бұрын

if the sky was falling they would still say it was ok. you cant believe what these satanists say

@tryan7 Жыл бұрын

@@Jeff__M Especially rocky road. 😮😅

@Jeff__M Жыл бұрын

@@tryan7 very. Very. Rocky road lol

@jeulihonodel7626 Жыл бұрын

Huey duty and luey

@mattjenkins682 Жыл бұрын

Thanks for covering this, Joe! I've been waiting for a good video talking about the M2 money supply shrinking.

@ZC965Tt Жыл бұрын

Can you share for me?

@Schneiw Жыл бұрын

Maybe they need to spend less. Defund everything....

@Bradleyschaeffer376 Жыл бұрын

It is important for beginners in trading and investing to understand that success in these fields requires more than just technical analysis. Emotional maturity and self-discipline are equally important, as they enable traders to make rational decisions even during periods of market volatility. This means that consistently investing over a long period of time is generally more effective than trying to time the market by buying and selling based on short-term market fluctuations. Learning is crucial for success in trading and investing. Keeping up with current trends and strategies can help traders stay ahead of the curve and make informed decisions. I'm glad to hear that Gregory Thomas Patchak insights and strategies have been helpful to most of us. Remember, success in trading and investing takes time and effort,but with dedication and discipline, it is achievable.

@MichealTanner141 Жыл бұрын

Riding the market wave entails understanding the market volatility, Gregory Thomas Patchak has been doing an awesome job reviewing the charts, enabling me to capitalize on the volatility via day trading.

@AmandaRae757 Жыл бұрын

It's remarkable to have faith in someone who can consistently deliver profits under any circumstances, and they never disappoint. I trust Gregory Patchak implicitly, and since trading with him, it's been nothing but victories...

@SierraLeighanne Жыл бұрын

Gregory Thomas Patchak is an expert and a guru in describing the trade terms to the newbie, and with my portfolio growing firmly with his simple trade guide, therefore | hold no reservation in recommending him as a mentor.

@greyballer1671 Жыл бұрын

I am not an economist of any sort and that was an excellent explination! Thank you!

@ckquarter Жыл бұрын

Unlike some people here on the KZfaq I think this guy knows what he is talking about. Like his use of charts.

@c.san.8751 Жыл бұрын

"Unlike some people" - explain. This guy has made a few videos with mistakes just like everyone else.

@johncottrell7901 Жыл бұрын

@@c.san.8751 Because "charts". 😂 Made up facts to sell gold. 🙄

@c.san.8751 Жыл бұрын

@@johncottrell7901 He doesn't sell gold. Charts? Man you have some serious issues. Good luck.

@johncottrell7901 Жыл бұрын

@@c.san.8751 LOL, apparently you missed the two minute long ad for Mcalvany Precious Metals in the beginning of the video... You know, the company that's paying for him to make content that suckers rubes into buying their products, OR all of his affiliate links for OTHER precious metal products. Charts: correlation does not equal causation, and that's what this video is. Besides being flat out wrong on his revisionist history on the origin of the Great Depression.

@sargepent9815 Жыл бұрын

"I believe that banking institutions are more dangerous to our liberties than standing armies," Thomas Jefferson

@ZC965Tt Жыл бұрын

No money means we can't do anything, why is there such a thing as a bank, because we need a safe place to protect our money

@iangreer4585 Жыл бұрын

We really need the Washington Administration again. He, Jefferson, Madison, and Hamilton would absolutely know how to deal with this situation. I honestly doubt that Jefferson and Hamilton would even argue as much when they see how bad things are nowadays

@jellyd.9925 Жыл бұрын

I love the slight changes you have made with your videos and clip art. Good video :)

@Hollowsmith418 Жыл бұрын

I began investing during a period of higher inflation, and while it seemed daunting at first, I learned to navigate it by consulting with Joseph Sullivan Anderson, an investment analyst, who devised a strategy to shift my fixed-income investments that wouldn't provide sufficient returns to a diverse portfolio that would provide higher returns.

@Madisynmueller Жыл бұрын

With the current inflation rate of 4.3%, I really need to find more productive ways to put my stagnant savings to work. I looked up Joseph Sullivan Anderson on the internet, and his credentials appear to be solid. I'll get in touch with him.

@leonardo54465 Жыл бұрын

I believe I read about this analyst in a business journal, he has a good reputation and good insight when it comes to amassing returns from economic swings.

@FlorianWerfel324 Жыл бұрын

I wish I had started investing earlier in my life. Seeing the compound interest at work is amazing, and it has made me realize the power of investing through Mr Joseph Sullivan Anderson a financial professional. I have amassed about 150k

@Hollowsmith418 Жыл бұрын

It's a good thing I'm not the only one who feels this way. It's encouraging to know that Mr. Joseph has had an impact on people other than myself.

@xXUnKowNDeiTyXx Жыл бұрын

This downturn is going to end up being worse than The Great Depression. I'm going to call it The Great Regression

@kenyonbissett3512 Жыл бұрын

Or the Great Regression Depression, lol. 😢

@Mozzarella_Cheese_Addict Жыл бұрын

The Great Depression 2: Electric Boogaloo Or "The Big Sad"

@joejoe5511 Жыл бұрын

Thanks for the video Joe!

@darrenhampton4892 Жыл бұрын

Great report, insight into the future, thank you.

@jhps1000 Жыл бұрын

Simply, thank you!

@gooradn6945 Жыл бұрын

Thank you for this video. It’s the most clear and insightful explanation of what’s happening right now in the economy that I have ever seen.

@HeresyFinancial Жыл бұрын

Thank you so much 🙏

@silverback7783 Жыл бұрын

I am putting you heresy financial onto my prayer list.

@stevehensonuk Жыл бұрын

Fantastic work - Thanks!

@HeresyFinancial Жыл бұрын

Thank you so much

@DogHonest Жыл бұрын

Thank you so much for explaining this

@jbwentworthe6082 Жыл бұрын

Joe - glad you are here and would enjoy a little less technical fan fare.

@Yoouna1852 Жыл бұрын

Wow, and thanks for sharing that info!!

@jason-sk9oi Жыл бұрын

Excellent summary 👌 End the Fed. 💸

@TronSAHeroXYZ Жыл бұрын

That's right. And I paid my cc debt off from negative to zero. Then deleted the cc account with no more purchases. Some how I owe WellsFargo $4.26 cents. I got a negative credit report because I refuse to pay $4.26 for nothing. No purchases were made. I zeroed out my cc debt. This is bullsht.

@jmcmob608 Жыл бұрын

Thank you very much...

@vincenzo1244 Жыл бұрын

That you! Fantastic summary. Best regards.

@j.j.oliphant9794 Жыл бұрын

This is a great explanation thank you!

@michaeleinhaus3726 11 ай бұрын

Great job. Clear and explanatory

@modelfxaustralia8963 Жыл бұрын

Clear and concise, thanks

@JVerstry Жыл бұрын

Great explanation !!!

@jasonpatton9008 Жыл бұрын

Dang, now that was a great vid Joe. Appreciate it.

@b4ph0m3tdk9 Жыл бұрын

So well explained!

@outrunninginflation4081 Жыл бұрын

Great content well delivered 👍👏

@JohnHollandEsq Жыл бұрын

The Creature From Jeckyll Island in a nutshell....well done. Love the historical breakdowns and contextual comparisons! Keep up the great work sir.

@lewis809 Жыл бұрын

Fascinating and well explained. Will be interesting to see how markets respond in the longer term. I should imagine all businesses (whether good or bad) will be affected by the M2 winter.

@adr3ns Жыл бұрын

The difference between the great depression & the one coming is in the past more people could grow a crop...

@thetruthisoutthereyt Жыл бұрын

Ohhhhhh, yessssss, like my grandfather’s family, who all went back to the farm.

@VictoriousGardenosaurus Жыл бұрын

Thanks Professor J

@animalblack8482 Жыл бұрын

Fantastic analysis Joe thxu 👍. I have not heard of this approach to focus only on the government and systemically important banks. Will be very interesting to see how this plays out

@painebrent Жыл бұрын

This is the most accurate information to date. Well done.

@HeresyFinancial Жыл бұрын

Thank you Brent

@jackbuck6653 Жыл бұрын

Thank you…..Easy to understand the way you explain.

@HeresyFinancial Жыл бұрын

Thanks for watching

@pauldunshea2114 Жыл бұрын

Great presentation 🏁

@fitting7u Жыл бұрын

Excellent educational video. Thank you 👍

@HeresyFinancial Жыл бұрын

Thanks Mark

@davidgardner4787 Жыл бұрын

Great video thanks.

@HeresyFinancial Жыл бұрын

Thanks David

@betty123ism Жыл бұрын

Great explanations and very interesting facts! I had never heard of the 1920 depression before.

@BatmanBoss Жыл бұрын

Thanks buddy

@colemarsh13 Жыл бұрын

Fantastic information 👌🏻 ❤🎉

@mrbb.business7281 Жыл бұрын

Very informative, had to watch twice to absorb everything. I am pretty sure 5% interest rates is Normal in a modern day Fiat system. We (people under ~50 years) are just not used to it, that's all.

@GriffithCapitalGroup Жыл бұрын

Bro, your videos are amazing. 🙏

@HeresyFinancial Жыл бұрын

Thanks for always watching Ryan

@ronnbesselievre9189 10 ай бұрын

Well done.

@OnTeamHumanity 11 ай бұрын

Excellent analysis. Would love to hear what you think "buckle up" means from a financial perspective.

@lateralus6512 Жыл бұрын

Problem - Reaction - Solution. They create a crisis, force a reaction, then offer their solution, which in this case is Central Bank Digital Currency.

@slumy8195 Жыл бұрын

same rothschild plans for 300 years and going.

@postscript5549 Жыл бұрын

I've said this before, but you are a good teacher.

@videogarage9221 Жыл бұрын

This is an excellent video. Period.

@hufficag Жыл бұрын

It's good it's shrinking. Maybe we can get back to normal, 2019 or 2011 levels.

@hopetruth8762 Жыл бұрын

If the Fed does Lazer focused bailouts of some banks and with the U.S. Government, does that mean the $ supply will increase to the point prices quite dropping?

@shangulable Жыл бұрын

you'er giving me free real valuable education. thx

@JohnDoe-ef3wo Жыл бұрын

These videos are indispensable

@arturskirdin4971 4 ай бұрын

This is one of the best videos on KZfaq that I saw

@BobtheUserName Жыл бұрын

So it looks like we’re all going to die! Thanks for watching. Have a great day!

@c.san.8751 Жыл бұрын

Only sleeping sheep like you. Natural selection. Truth hurts doesn't it.

@elevatorman7945 Жыл бұрын

I love watching your videos

@anthonymarino4260 Жыл бұрын

now I understand thanks

@danmcnerney7886 Жыл бұрын

You are still good.

@hooverelondono9946 Жыл бұрын

Your insight is amaizing 🙏🏼🙏🏼🙏🏼

@dolphingirl12885 Жыл бұрын

With most homeowners refinancing their loans at rock bottom rates around 2021, if they cut rates again they will be surprised that not a lot of homeowners will be incentivized to refinance again for a similar or even higher rate after a couple years.

@BOEHHO89 Жыл бұрын

How do I know my bank is okay ,they sent me a letter telling me they're just fine ,we'll see .

@michaelallen7230 Жыл бұрын

Can you explain why the deficit increase would not be slowed down when you have other countries like China and India lowering the amount of dollars they are holding? I think China has shrunk theirs by 500 billion or so in the past 5-6 months. It seems the story we are getting from the Fed is or is going to be backwards. The shrink we are seeing at the Fed is stopping China from flooding the US market with dollars. I’m not educated like you. Could you explain?

@RWROW Жыл бұрын

I had trouble following what your discussion meant for the future. Sounded as if you are predicting a period of deflation of prices (while interest rates remain high), followed by price inflation. Would really appreciate if you provided a possible scenario for the next five years based on the content of this video. Thanks.

@barbt.9211 Жыл бұрын

Try a weegee board or a cornsteller maybe a crystal ball.

@erichoffner9602 Жыл бұрын

This is scary!

@nottalackey3587 Жыл бұрын

The "Federal" Reserve is a private corporation. They have a fiduciary duty to act in their stockholder's, not your, best interest. That is why they make so many "mistakes". All banks have to have one share but 42% is owned by Citicorp and 28% is owned by Morgan Chase. So guess who will get bailed out?

@1philliph Жыл бұрын

Great video Possibly one of the greats

@HeresyFinancial Жыл бұрын

Thank you Phillip

@joeswanson733 Жыл бұрын

you know if you expand and then it has to contract... i think it would be better off with a fixed money supply. i just feel like let's cut through the chase. but i have heard it before prices declining over time, which leads to hoarding money, which means lack of spending/investment, which means high unemployment and economic recessions. well we're going to experience all this eventually so again let's just cut through the chase.

@sprinkle61 Жыл бұрын

It seems to me that maybe hoarding money would be better than hoarding housing and having a homeless crisis, but maybe there is something I am not seeing here. Either way, it seems like we will keep the current system until it breaks catastrophically. That may not happen, no one really understands how this whole ball of yarn works, no matter how confident this or that prognosticator sounds.

@joeswanson733 Жыл бұрын

@@sprinkle61 the housing issue is multiple facet issue. You have zoning laws. Relying on building firms to build the housing. Antiquated building technology. Investors buying more than one property. Corporations buying more than one property. Population density never matching up with supply on hand or never building enough to match population growth. Stagnating wages. Currency devaluation etc.

@sprinkle61 Жыл бұрын

@@joeswanson733 Of course housing is very complicated, even the way money is created is complicated. Sometimes I think this is intentional, to keep people fighting over pronouns, instead of the actual things we all trade our limited time on this Earth for. I also hate the term 'hoarding', I prefer the more neutral term 'saving', as there is actually nothing wrong with not living paycheck to paycheck.

@jacobgonet Жыл бұрын

So what should we invest in, given this information?

@jdrollins6485 Жыл бұрын

New subscriber, liker, sharer, and bell dinger. lol Great content. Well explained. Thanks!!

@HeresyFinancial Жыл бұрын

Thank you JD 🙏

@southtexasprepper6605 Жыл бұрын

Tell the FED to eff off, it's odius debt anyway. If the FED doesn't get paid they will get paid with the resources of the nation and all of our real property, the plan all along.

@rebecaanderson1935 11 ай бұрын

We have the government we deserve, as society goes far from Christ we fall in captivity. There’s many ways of being in captivity, physically, mentally, spiritually and economically! We keep discussing all the things that are wrong in society and who is responsible for it. The problem is the lost of Christian values. And we play a role on it. It’s easier to blame the government for our problems, but is hard to look to what WE need to change.

@dustindavid5094 Жыл бұрын

Stanley Drunkenmiller had a good quote from a recent interview. I am paraphrasing but it was along the line of, M2 is decreasing however the overall stock of money is still remains elevated.

@chrisvolk106 Жыл бұрын

Gold standard is returning.

@thatchinaboi1 Жыл бұрын

All of this needs to be understood within the context of the EXORBITANT PRIVILEGE of the US Dollar and how it has been abused.

@DR-oy9wc Жыл бұрын

Yes, and weaponized.

@thatchinaboi1 Жыл бұрын

@@DR-oy9wc Yup. The Western Bankers are consolidating wealth and "moving" their fiat currency outside of The US in various efforts to try to maintain US Hegemony and the EXORBITANT PRIVILEGE of the US Dollar.

@thatchinaboi1 Жыл бұрын

@@DR-oy9wc The Great Depression was deliberately caused by The International Bankers calling in all of their loans within the span of weeks and shrinking the money supply in the US by 1/3. That money didn't sit and do nothing. The build up of Nazi Germany needed funding and that funding can only come from The Bankers. The same bankers or banking families who funded both sides of the war.

@JohnDoe-ef3wo Жыл бұрын

Thanks in part to Allen Dulles former head of the CIA..

@c.san.8751 Жыл бұрын

@@JohnDoe-ef3wo Most politicians and unelected government bureaucrats are communist traitors.

@ump5754 Жыл бұрын

well spoken. liked and sub'd

@HeresyFinancial Жыл бұрын

Thank you Brooke.

@FirstLast-vr7es Жыл бұрын

I feel like I'm tied up in the back of a speeding car and the driver has died of sheer incompetence. Oh, look at that! A cliff....

@dennisvazquez2140 Жыл бұрын

The United Kingdom is one advanced economy country in particular where there have been many complaints about the impact of inflation. I have heard from some sources that the total national debt for the UK is as much as 11 trillion dollars. If that is true then I don't think there is any way the UK can pay off its debt. I have heard from the same sources that British gilts have lost much of their value but are still much used for collateral. If what I have written is true then how the UK deals with these problems may offer important insights for the USA. It's interesting that so much money was destroyed in the USA during the Great Depression before the USA government had to go on a major borrowing campaign for World War II. It's also interesting that the USA experienced the destruction of money when Germany experienced hyper-inflation. I primarily operate in the cash economy and have not seen any $20 or $50 bills printed after 2017. The great majority of $20 bills I get from ATMs and use are from 2017.

@kokikoki12345 Жыл бұрын

NO FOMO

@veronicascott313 Жыл бұрын

The fact that people sell gold is confusing the value statements. Just because people fight for anything that they can sell.

@swlc5555 Жыл бұрын

For the past couple of years I've been watching various financial/economic channels and real estate channels telling about the coming disaster just on the horizon. But...nothing significant ever happens. No black swan events. The stock market goes a little up and a little down- but nothing devastating. Real estate prices remain ridiculously high from the pandemic run up. There's some layoffs, but apparently not enough to cause serious hardships for the economy in general. Apparently high credit card debt and shrinking savings- but it doesn't seem to effect the economy in any significant way. I get the feeling a year from now things will be just as they are now. I'll still be watching videos with lots of charts telling me how bad things are...but with nothing significant ever happening.

@lexnouwens1894 Жыл бұрын

And on the back of all this, similar strategies were/are used in the Eurozone, UK, Canada, Australia and New Zealand. By the time government officials believe we got this all behind us, the next crisis will knock on our door. Peak land prices in 2026 and the next crisis will follow. 2028?

@ryanhudson1252 Жыл бұрын

So I'm good buying Ag and Au?

@BossNerd Жыл бұрын

I wonder if there is a geopolitical advantage of a true default versus inflating your way out? If politicians can some how spin this situation and not take the blame for a default it would probably be better for the US in the long run. I wonder which strategy would cause the most political and economic turmoil across the world. Which strategy would leave the US in a superior position after the fact?

@johncollinsemail Жыл бұрын

What does bumpy ride mean? What actions should individuals be taking to prepare?

@darksword67 Жыл бұрын

With that kind of analysis you can not just put your bank account in no stable bank but you can actually invest in that bank and make a dividend therefore making you more money as the bank is more successful