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?

increased losses for portfolios this quarter are predicted by market drops, skyrocketing inflation, a major interest rate hike by the Fed, andI rising treasury rates. How can I profit from the volatile market right now? I'm still considering whether to sell my million dollar bond and stock account.

Economists and business leaders are voicing concerns at the start of 2023 that the year could be a difficult one. JPMorgan Chase & Co. Chief Executive Jamie Dimon said that the Federal Reserve may need to raise interest rates to 6% to fight inflation, higher than the peak level between 5% and 5.5% in 2023 that most Fed officials penciled in after their December meeting. Although I read an article of people that grossed profits up to $500k during this crash, what are the best stocks to buy/short now or put on a watchlist.

The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse is near.

If this is gonna be a revival of the 70s, at least give us back classic rock.

I’m surprised to see a comment section so educational and polite without it being so toxic What a breath of fresh air

Inflation at 8.5% is manipulated inflation number. Real inflation is 16%.How is it different from the 1970s.

How can you cover this topic and at no point compared the public and private debt now versus at the end of '60 and '70!?! Who wrote the text for this clip? Is just a brief description of what is going on with absolutely no thinking or questioning. Can the rates be increased, what would be the consequences, etc.

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.

Awesome! your potential seems timeless.* Understanding your financial needs and chalking out a plan remains the smart way to prepare for the unexpected. 11yrs in investing space and extremely pleased with the decision I made.The good news is - it’s not too late, I'll suggest you find a mentor or someone with experience guide you especially in this recession.

6:45 "The Fed says it stays committed to its long held stance that today's inflation is temporary". Apparently this video was made in July 2021, it would be interesting to hear what the people in this video have to say now in June 2022.

At least it is easier to own a house in 1970s

Inflation also directly depends on people's beliefs and expectation on inflation. If more news channels talk about inflation, more people will assume that we are heading in for high inflation periods, more they will act accordingly and will contribute to actual inflation

Finding this video 1 year later is very sobering

1970s US did not have large scale cheap manufacturing setup outside.

When you watch this a year later and inflation is 9.1%.🤦

...Being born in California in the year 1957 is where I experienced the 1970s Stagflation. I remember those dark days. I moved out of my parents home to go to college - worked at night and went to college in the day. Split the rent with my buddy. I was okay as a young single guy but I knew my parents were going through a lot with my younger sisters and brothers. I am glad I was not a burden to them and helped out where I could.

The CPI back then also included energy and food prices. They changed how inflation is reported back in the 80s. True inflation this year is at about 7-8% if you count energy and food as they use to. True inflation is well over 5% this year. The government just cooks the numbers for political reasons in modern times.

Inflation is rampant! Been here done that back in Jimmy Carter times right before Reagan.

Raise interest rates! We see it in housing, where an whole generation will never be able to own a home unless their parents pay for it.

My real worry is the cost of housing. I am still confused about how housing costs are even integrated in calculating the inflation index. It seems not at all, at least I cant explain, how housing, be it sales prices or rental prices, has seen exponential increases in just the last 10 years, but allegedly inflation hasnt changed at all up until recently. It just doesnt make any sense that probably the single biggest factor in everyone's regular expenses has increased dramatically, but it doesnt show up in inflation. Where I live, a european city about 600000 citizens, prices have probably doubled over the last 10 years. Obviously income hasnt. Yet, we are told inflation was somewhere lower than 1% each year. It seems absolutely rigged, especially considering that today about 33% of the median income goes to housing costs!

As recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be - and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $850k at the age of 60

In Britain inflation peaked at just over 30% 😮 in 1975. We had the same situation in the mid-to-late 70s where wages were spiralling upwards to keep pace with rising prices so the higher wages did not increase spending power in real terms. Unemployment rose steadily and sharply from the mid-70s onwards as stagflation gripped our economy too. Inflation had come down a bit but was still high at the end of the 70s but it was one of the biggest achievements of Mrs Thatcher's earliest governments to bring it back down and under control in the 80s with a monetarist economic doctrine to restrict the money supply and make the pound sound again. That was accomplished at a terrible cost. Unemployment soared as the world's economies fell into a deep,damaging recession,and more than 3 million people here were out of work by December 1981. The recovery was long,slow and painful. Though we had pockets of affluence,mostly in the south and the better-off parts around the west and centre-west of London,I would argue that the economy did not start to pick up again properly until the later half of 1986 in the south,1987 onwards in the Midlands and later,generally much later,than that in the north and the other regions. And when it did it was underpinned by too much borrowing.

Wall street journal videos are so good

Old documentary. Inflation rate is already at 6.9% of December 2021 and is predicted to reach 8% in 2022.

I remember savings and loan companies set up in parking lots in Tucson AZ. These were portable buildings with big signs reading "We pay 7% interest." The idea that the building could be gone on a flatbed truck in the morning didn't appeal to me.

Powell didn't experience inflation in '75. He comes from money, went to Princeton, and a law doctorate from Georgetown. I was in 5th thru senior HS during the 70's inflation BS and lined up to get gas, saw price freezes by Nixon and how Jimmy Carter told US to wear a sweater if we couldn't afford the heating oil. The recession of '82 under Reagan which stopped the stagflation, and the resulting collapse in oil prices used to pull the nation back up with cheap energy. The normal state of money, real money, is deflationary. Inflation calculated as we did in the 70's would be north of 17% now not 7.5 as reported by the CPI (CP lie). Put US back on the gold standard. This generation will take a huge hit, but our kids will be better off. Time to pay the piper. NOT THE FED !!! END THE FED THEY HAVE NOT GIVEN US 0% INFLATION AND FULL EMPLOYMENT LIKE IN THEIR CHARTER

bought my first home in 1979 at 13% interest rate. Home was 80,000. CC rate was 24%.

Needed this. Tons of knowledge

I just love how much people are consciously woken up and talking about investing.

Pain incurred during "temporary" situations can have "permanent" damage

Very good and funny videos bring a great sense of entertainment!

Inflation isn't even the dominant risk of the inflation narrative. I'm typing this 3 months later, and inflation has gotten worse, and stuck around longer than anticipated. The REAL risk is the monetary policy tool that effectively combats inflation, being interest rates. The economy is more inflated than any time in history, mortgage delinquencies are up for homes under 350,000 to highest levels in a decade, while new mortgage issuance for homes over 350k is at peak levels. Equities also extremely overvalued due to overleveraged corporations. Long story short, our economy can't handle a spike in interest rates that would actually even combat persistent inflation. Oh and, no one wants to work anymore, oh and Washington wants to raise taxes. The ingredients are in the pot, they just haven't turned the heat on yet.

The big difference between 1980 and now is that now the US federal debt is roughly four times the size in relation to the economy than it was in 1980. This means that when the Federal Reserve raises interest rates to control inflation, the effect on the US budget deficit is much higher than it was then. If the Fed loses control of inflation the US government will have a severe budget crisis. At that point we will enter a monetary regime known as fiscal dominance. The Fed is playing with fire right now - let’s hope we don’t all get burned.

Comparing inflation now to the 70s with respect to disposable income, is like comparing apples to oranges. How much of the average paycheck went toward rent/mortgage, healthcare, and education back then versus now? CPI doesn't capture these things. So why get worked up over drops in the bucket when disposable income is more affected by taxes, housing, and healthcare?

So much was said in this video yet nothing was said at all. 7:56 minutes of “we don’t know”

I remember as a kid in the mid 70's my parents got rid of our dogs. I can see why now as then prices were so high we couldnt afford to feed them. Sad that we are heading that way again...maybe even to a 1930s type depression through 2025.

Here are almost a year from when this video was made and we are experiencing run away inflation!!

oh my god put some EQ on your video interviews please

This didn’t age well

inflation is not calculated the same now as it was back in the 70s so that 5% is not equivalent to the measurement in the 70s

Great video

Savings account earning 0.2% is not actively fighting inflation. Begin to invest!

How was inflation calculated back in the 1960's. How is inflation calculated in 2021.

We have not had 2% inflation for 15 years because the deflation is not being factored in, hence bubbles that pop.

Watching this in late april 2022 and laughing.

Plz make videos with the aspect ratio 20:9

Thanks to grandpa Joe everything reeks inflation, good thing is people are getting to know cash/fiat is pretty much stone age at this point, it is designated to fail eventually, 3 BEST and surprisingly easy ways to double or hold your funds in 2021; Real Estate, Gold, Who can guess the 3rd??

The difference is you earn zero interest from savings these days, unlike the 70's.

This hasn't aged well.

7:38 OMG they were going to wait until late 2023 to start hiking 🙀 It will be very interesting to see how the pundits look when they are all calling for interest rates to drop back in early 2024 (as of July 2023)... Seems like higher for longer may need to occur to keep this under control

This is yet another reason that central banking needs to be eliminated. The way inflation was measured in the past is nothing like the suppressed number we have now.

So it's proably correct to say that we are not going to get official inflation like the 1970s, but this statement although likely true is missing one thing. CPI was measured differently then as it is now. If you take the CPI formula of the 1970s and use it today, then inflation today 2021, would be much much higher and maybe will exceed the 1970s using the old, more true formula.

how we doing now with this transient inflation?

how can you print so much money?

so when are interests on saving account going up?

11 months ago they said this inflation is normal… I wonder what would they say now that gas price has raised over 300% in two years

Well, this didnt age well

Maybe inflation causing fail in cash back,subsidi usually bank ,financial monetering in back so in inflation condition bisa dibalik in front. For example house,home credit,pick up car for farmer,peternak maybe geting ceshback in front ,free paying in front.

Gold, silver, Bitcoin!

I think this was produced by that news guy in Iraq who said all was well as the tanks rolled behind him.

US graduating Medical doctor debt has doubled every 8 years in the US for the last 30-40 years. its only recently slowed down because congress cannot increase the federal debt limit fast enough. yet somehow this was during a period of only 2-3% inflation. yeah.... pretty much the same with houses. MD's debt works well since there are basically zero gov subsidies or support, they know youll pay the price since youre guaranteed to make 250-500k as a dr. whats real is that the fed's way of measuring inflation shrinks the real rate by 1/2 to 1/3rd when "inflation is only 2%" that means its like 5% and still not that big of a deal but now when "inflation is slightly higher at 6%", that means its jumped from 5% to almost 15-20%.... and thats why everyones tlaking about it. btw inorder for education to double every 8 years inflation has to be about 12%. open ur eyes

2:20 History is full of examples when that is not the case. The latest is Venezuela. Ot happened quick

Denand and supply is the subject

The easy money policies of the 60s and 70s were minuscule by today’s standards. Due to multiple and audacious rounds of Quantitative Easing coupled with thirteen or more years of zero- and negative-interest policies, along with a logarithmic increase in the money supply, we are in uncharted territory. Corporate finance, commercial real estate, and shadow banking are all precipitously leveraged. The regulatory environment is toothless and risk management is a relic of past generations. Equities, bonds, and real estate are profoundly inflated. The Fed must unwind its astronomical balance sheet to reduce self-inflicted inflation and that will require Volcker-era tough love along with a dose of rarely encountered moral rectitude.

Coming back? I did not notice it left.

I feel like there's a better way to phrase this

the answer is: YES!

Let us hope all this theory is correct. Unfortunately one thing is sure: several countries around the world have the same or stronger policy measures that are here used to justify inflation stagflation but are not experiencing it. Caution is requintes and a deeper international comparison.

* laughs in Argentina *

Someone from Fed of the 1970s should have written a manual to instruct the younger generations how to handle the issue that is happening again in 2022. We need a Paul Volcker who is not afraid to do the ugly but right thing to lead us back into normality to the extent of putting his own reputation on the line. Most of the Americans aren't very smart even though they like acting so.

Supply chains are a mess and people don’t want to get back to work because it pays more to do nothing. The only way to fight inflation is by being more productive which isn’t happening.

Have been going on for a long time under the cover of shrinkflation

This was the rise of neoliberalism, inflation is scary man

* laughs in Argentina * * laughs in Venezuela *

Make this video comparison again now as of 7/30/2022 prices for many things have increased since this video was made.

KEEPING MONITOR THE MANIPULATOR

It time to buy some more

Feds money printers goes brrrrr 🖨️💵💵💵

I ever listening in Amerika easy geting credit may be in inflation condition bank can bringing creditor cash back free paying in front. Because in one year time creditur was got much money

This did not age well

Prices did not “roar back” with the economy, prices roared back because of the Federal Reserve massive increase in dollars in the economy keeping interest rates below real inflation rates. The 8 trillion dollar Federal Balance sheet is double what it was a year ago and is equal to about a third of the entire U.S. GDP. Too many dollars chasing the same amount of goods with decreased productivity. That’s a recipe for disaster.

5% inflation. LOL This video did NOT age well. Sitting at 8.5% April 2022. 1970s here we come...

Inflation is already here. They need to raise rates, except they also need to pay the massive debt they have. Higher rates, more to pay. Hence, they will rather let inflation run hot.

Its june 2022... inflation is at 8.6%.. not 5% as this video indicated.

I cant believe this information is free. This topic would taken me a whole day worth of research. This information was presented in 8 minutes. Absolutely amazing content thank you so much!

All historical patterns show that following pandemics or epidemiological crisis, there has always been inflation ... So we will have some inflation for at least 5 years ...

This is incredibly besides the point but the Treasury Secretary couldn’t find a nice enough room to provide a background for her virtual meeting?

I would challenge Federal reverse to make a gold price down. I will buy physical gold.

''its not happening'' while as today its happening.

#LearnMMT

Need to bump up rates now to slow inflation.

this clip didn't age well :D

As Inflation runs up, I’ll be buying more Bitcoin 😎

**You're Enough by Carpenters starts playing**

The main reason for inflation in the 1970s was the oil tension caused by the Middle East war.The current inflation is due to a large number of money printing. In addition, due to the epidemic, only China can provide a large number of goods, and China's currency has not depreciated with the dollar

Looks like the 1970s to me

Raise interest rates to 5 or 6%

People drive giant pickups to the grocery store, don't even open their Amazon packages and the dumpsters are full of sealed Hello Fresh boxes.....and the same people complain about inflation?

what makes you think ordinary people will just sit down and accept to struggle this time like people did in 1970s?