Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder

Very true, you can be passively involved in the markets and still amass wealth-gains using an investment advisor. I first dabbled in stocks late 2019, just before the pandemic, and that same year gained over 150% with no prior investing experience, basically all I was doing was following directions of my advisor. We are working on a retirement ballpark of $3m and I’m certain my goal isn’t farfetched after subsequent investments and tremendous returns so far.

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.

Sonya lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip.

It really does. 22 years later and Shrek is still bringing the goods.

Riot?

@@Charity4Chokora oui

@@ince55ant .... Butt Socks 😂😂😂😂😂 That is an epic name, is the socks to the butt, or the butt so saggy it looks like a sock?

It does feel like some heinous foreshadowing

We hear the same sentiments in Australia. But isn't this situation really just a function of the average American believing the BS they are fed, and voting accordingly for "small government", lower tax, and sitting idly by while the oligarchy controls government policy? Isn't this simply the result of sheer apathy on behalf of the American people? For example, the Occupy Movement fizzled out in just a few weeks. You'll never get a fair go unless you demand. Get off your asses America, and fight. Otherwise you'll be slaves, and you'll deserve it.

Next thing you'll be wanting us to lead by example, and we all know what that leads to.

"How would that help my chances at re-election?!"

Your comment is a straw man. No one is saying people need to be paid less. The cure for inflation is for the Fed to stop creating money. Which they have done. Which is why inflation is finally down.

Didn't ya hear? Cuz ya got that there covid money (once) so to not die

Because in those 2 last years you didnt acquired enough political power to change the rules, and now you shall pay the price of still being poor

You clearly aren’t taking that medicine. lol.

Because we are now paying for the boomers lifestyle, past and present. It is a pyramid scheme of global proportions.

How dare you question the people who make millions sending a few emails a day and just say the right things to the right people not bringing any functionality to anything anywhere. Take your medicine and respect the only thing that seems to matter anymore....status

Also the relief checks where the money was spent on what? Rent, energy, food? these aren't optional luxuries. The rich talking heads seem incapable of telling the difference between discretionary & non-discretionary expense & it shows. Because it doesn't occur to them that not spending money to live isn't an option people have unless they own enough verdant land to be self-sufficient & live in a commune or something.

Riot?

holding interest rate so low for so long allowed the wealthy to print pore then any stimulus or the 4 trillion, that the fed dump in the market trying to hold it up at a unsustainable height.

It's the $1.9 trillion that democrats overspent on. It was 6x the GDP gap. Grow up and learn math

@@jordanslingluff287 ok, so where did that money go? who has that money now and how is it driving prices up in 2023? Did you learn what asset accumulation is while you were learning math?

While shoving billions in bail out money into yet another corrupt, incompetent banks gullet...

Riot?

No Jon is just changing the subject to keep you mad. It was the $1.9 trillion stimulus that caused inflation. It was 6x the GDP gap

65% of working people ARE poor people. The corporations keep everyone poor with slave wages and then they look down on poor (and therefore lazy) people. Its quite a racket they have going on.

@@jordanslingluff287 please give me a general location so we know who's neighborhood too burn to the ground. You are for tyrannical rule, and that is a death sentence as far as I'm concerned.

Because the American economy runs on poverty.

The American economy runs on poverty, or at least the constant threat of it. Americans like their goods cheap and their services plentiful and the two of them, together, require a sprawling labor force willing to work tough jobs at crummy wages. On the right, the barest glimmer of worker power is treated as a policy emergency, and the whip of poverty, not the lure of higher wages, is the appropriate response.

Saying the quiet part out loud

Indeed

Instead of admitting they messed up. We have seniors working far past what's healthy. 6 states passed child labor enabling laws. If this is the course of our country I will not continue living in a 3rd world country. Working until I die was a given, but I refuse to have kids while our economic model only works for the top 1%.

@@charlespanache7047 i mean, as a european we aren’t much better economically rn… we’re just much better in everything else haha

Yep, and the right-wing will just blame the left because that's what their spoon feeders tell them to do

every recession I've been through in my life of 35 years has been "records profits seen despite recession" including the "great recession" fuck man. my generation never stood a chance.. these rich boomers want the 19th century so badly.

Exactly. It's a game for them now. Make the quarterly report one nickle bigger at a vast cost to human lives. One huge thing that got missed was the guy saying about how people got too much money with the stimulus checks & that's what causes inflation. That gives a peek into their thought process. If one of their core beliefs is people having money is bad for the economy, then that is the smoking gun motivation for why they always do everything they can to keep the working class wages down. Simply, poverty for us = money for them. There's your Great and Powerful Oz behind the curtain of unrestrained capitalism.

Raise the minimum wage = higher cost of labor=higher cost of goods=higher cost of living=The reason they give every 4 years for why you must vote for them to raise the minimum wage. It's an endless vote generating ponzi scheme. All they have to do is figure out a new minimum wage that will inflate things to that uncomfortable point by the next election cycle, and trust that most people don't pay attention long enough to realize they've ended up where they started.

You know what fixes that??? Taxes. Everything over 3% gets swept up by the IRS and put into the coffers of the Fed to provide some infrastructure investment and low wage relief.

Or not increasing prices to maintain record profits.

Yeah funny except that employees have never had so much power before in history. Companies were hiring like crazy during the past decade when money was cheap and times were good. The avg American wealth was recently much higher than ever. So you whine about corp profits but pretend that people are being paid a pittance. That isn't true.

That's quite a flattery!

Because the American economy runs on poverty.

Talking about we "got more money than we'd ever gotten before." Those stimulus packages were barely $600! They need to calm down!

It's definitely inflation

🧠"Capitalism is like a dog in heat, we need to put a leash on it or it will f... everything". Elon Musk Just kidding . It was Jesus.🤪

@@TerriblyNice_Not Over 50% of "inflation" is just corporations raising prices more because they don't want to lose already record-breaking profits, so.

@@EingefrorenesEisen. ... so... it's still inflation... caused by corporate greed.

Riot?

Same here mate. (UK) We've also just had our civil liberties bracket down graded globally to "Authoritarian Hostile" civics People dont like throwing the F word around, but I struggle to tell the difference between our suited parasites and the Jackbooted thugs of t5he 30's n 40's.... The only difference is they are using economic violence to oppress us rather than a cudgel

Calvinism is alive and well, I see.

Same shit in America.

Has your government let you leave your house yet???

​@@ctwwtc8761 dude yes are you joking ?😂😂

There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts.

My retirement plan is to die on the job

Omg! You bots are garbage!!!

the market's okay and you're going to be okay. all these people in this clip are mainly trying to protect the market because that is where most of their money is.

SCAMBOTS!😂

Correct. Our corporate leaders treat worker solidarity, not continued poverty, as intolerable.

Pain is inevitable but suffering is optional

I'm gonna be leaving then, I'm just going to get killed by cops if I protest anyway.

Welcome to the world since living things exist.

@@hdjwkrbrnflfnfbrjrmd exactly

It's literally the DSM definition of hoarding disorder.

Riot?

It's worse than that mate. they are hoarding wealth a MILLION families could live on over multiple lifetimes... if u tried to break it up into slices of a cake, we wouldnt even have visible crumbs... the lowest in society end up owing cake. Sometimes I regret my economics degree. It hasnt made me happy.

@@RHCole Except it's very orderly and their nails are manicured

Thanks comrade

That's insane mate

You’re not better off than ever before after receiving $750 from the government? Should have spent that money more wisely. But for real some bitch in this video actually said that.

File an amended return for 2021 to claim the stimulus money you DIDN’T get ($2K if you haven’t received the 2nd or 3rd payments). It’s called the Recovery Rebate Credit.

Right on the nose, in the words of George Carlin, "there's a club and you ain't in it" Carpentry is starting to look like a better and better hobby to pick up next to some light blacksmithing.

Its not that hard to think about. Money is created when money is loaned out from banks and the bank collects interest. Before the banks got to borrow the money for basically free, so they were incentivized to loan put as much as they could. They loaned out too much causing high inflation. The solution is to raise interest rates so that less money is loaned out causing money growth to slow to a more standard inflation rate.

@@MrKG204 No, you seem to have a hard time understanding that this spell of high inflation was caused by surging energy prices, not interest rates. Energy is used to produce pretty much any good that is consumed, hence prices go up along with it. Some people really need to put aside the Central Bank Kool-Aid.

@Pritish Appadoo let's assume what you say is true, and it probably is to some degree. You didn't refute any part of the logic I laid out. I've taken economic courses, I've been following housing prices as I'm trying to buy a house, and the #1 cause in that industry and a lot of other industries is the monetary policies of the fed. And its well known that the fed really has 1 tool to fight inflation, and that is to raise interest rates Or just keep attacking me and saying that I'm wrong without discrediting my argument

It doesn’t quite work like that. Raising interest rates doesn’t directly increase costs, it increases the cost of borrowing money. That affects some goods like cars but it shouldn’t change most of your other purchases unless you regularly let things ride on credit. Other than that, it mostly affects some long-term savings stuff that I don’t think most people are complaining about since that would require having savings. The thinking is that by making credit cost more, you can tamp down on how much spending people are doing. In reality, people who need to buy things on credit are sadly still going to have to do so and make ends meet, while the others who have too much money don’t really care. It only slows a small percentage of consumers (the shrinking middle class) from making large purchases.

@@Kyle_P it does affect every day itens because you might not buy them through credit but they are produced through credit. Think of agricultural credit to produce meat in a chicken farm or a trucking company that delivers good and it is a small regional operation, mostly funded through life saving and a small inheritance. In that sense a higher interest rate is a form to reduce consumption while making the 2% richer. There were always different solutions that were not written on ortodox school of economics such as subsidizing energy, mostly gas and diesel. And before you say that it is too expensive and can't be done, ethanol is subsidized in order to appease voters in the corn belt. The issue has always been neoliberalism. Their playbook was and is not made for the working class. Without taxes on the wealthiest individuals and corporations. Without unions and without social policies they can regress society to late XIX standards. Workers being forced/coerced to work way above the 8 hours... Done! Workers not having rights... Done! Gig economy supporting more people... Done! Pay gap between women and man... Done! Children working at jobs like adults. It is on the way.

damn! I should get this on a t-shirt

A-freaking-men!

"The Leisure Class" (is a good book from the 30s)

​@@merbst *1899 book

I'll take what would a jealous psycopath say for 1000 alex

Yeah, it's weird. All the cheap stuff is now as expensive as the good stuff Because some companies got together and decided to use lower quality ingredients, put less in the package and charge more We are being price gouged It's profiteering lol

Riot?

government need to step in and break these monopoly's apart.

@@promethaus5116 the problem is ..the monopoly's own the government. IMO..in our economic system..nobody should have over a billion dollars in wealth...notice i said wealth...that includes all assets. Over the past 40+ years we've seen this massive trickle up ...money has been stripped from the working class and sucked up by the wealthy. Enough is enough

You'd think Congress would be looking into THAT but, nope. Much more important for them to be solely focused on Hunter Biden's junk.

Like, where's their "medicine"?

@@the_garniiics medicine? what medicine? they get to drink the scotch from the top shelf and light cigars by burning $100 bills... they don't need to take medicine because they know they can price gauge regular people because of the near monopolies these companies have in their respective industries. and if not nation monopolies, at least regional monopolies. ever see 2 internet companies compete in the same neighborhood? no. because they don't. they drew lines with each other on who gets which neighborhoods

OIl drives the prices as it is the 1st charge in the supply change. Taxing their windfall profits makes them cut prices and reduce inflation while also supplementing revenue and preventing stock buy backs.

With the record low people they have employed as well

Got to keep those margins. They calculate everything with margins which is totally absurd. Net cash is what really maters to most of us.

Rich People: So nothing can be done, understood.

Inflation is higher right now, but cutting greed/profits instead of kicking the lower and middle class right in the face would be the better option for controlling it.

Maybe we just eat them?

You make is sound so simple. Because it is.

@@KnightsWithoutATable Only if you don't want poor unwashed masses to look down upon

I used my $1,200 to fashion some bootstraps!

I threw mine in my bank account, because sitting on money for when I inevitably lose my job is all I know how to do at this point.

@@kamikeserpentail3778 f*ck that is too real. Same here :(

The other side? What's that? Are you talking Democrats or republicans? Because repulicants do NOT represent working class Americans, dude. Don't be a dupe. Also, fox news has more viewers than all other news networks combined. The Republicans control the Senate right now lol But no, they have no say

​@@ironspaghett The other side is called capitalism, oh noodly one.

Riot?

What? Late stage capitalism allows elites to broadcast their message via propaganda machines? Ye.s yes they do.

100%

Capitalism literally requires infinite growth in order to sustain itself, and for people to keep spending money they don't have. And when they do exactly that, we're told they need to be restrained with lower wages and more layoffs. The worst part is, there's so many American voters listening to this crap and nodding in agreement. "Hm, yes, we're getting paid too much. The only way groceries will get cheaper is if more of my neighbors get pay cuts or get fired. But not me, though. It'll have to be others. I need my money."

Why else do you think big corporations have been mounting a decades-long "divide and conquer" campaign against the working class?

Yes!

That’s exactly what I was saying.

You'll have to get rid of the Evangelicals christian they vote for God a.k.a any lying Republican con that panders " woke, indoctrination, CRT fearmongering lies 101. Until you get rid of them Republican cons will always be in charge same as corrupt Democrats like Sinema and Manchin.

you all have a RIGHT TO ANY SELF DEFENSE, i'm not kidding. They kill us every day with poisoned water and food and over ten amiercans PER DAY are murdered by the Blue Klux Klan (but the press hides 99% of it). Hell, there's like 20 MASS SHOOTINGS per day, but the govt / Press hide most of it from us, and even fake the stats umpteen ways. EX: what's their Fine Print on mass shootings? "If200 ppl are shot but only 3 die, that's NOT a mass shooting"!!! (They say 4 or MORE must die, to count as a mass shooting! Whew! Mass Shootings just went way down!)

You can't keep people in their terrible jobs voting for candidates out of terror that their tenuous existence will be disrupted if you can't threaten them with financial destitution.

Careful. U sound like a socialist (in a channel full of liberals and neoliberals and moderate conservatives).

How does higher interest rates maintain corporate profits? Lmao the stock market is DROPPING because of higher interest rates! Companies want LOWER rates so they can keep borrowing and taking on more debt!

@@jsegovia I have to be honest. There are times I wish I was a conservative. you folks see the world so simply. One thing can cause a myriad of effects in MAGA world. I will give you credit for not saying Wokeness is the problem. In reality interest rates can have an effect, but we have had rising interest rates up till this quarter and profits were up. The reasons for the stock market to be down can vary, and various factors can cause it. Some reasons could be based on economic indicators such as rising interest rates, high inflation, or a recession. Political uncertainty, natural disasters, or a crisis in a specific industry could also cause it. Keep in mind the highest interest rate in US history was in 1980 and was 21.5%. 6% does not sound so bad now does it? Also for those with money in savings it's a bonus because now you actually get a return on savings.

@@jsegovia Yep, we live in a debt based economy right now. We need higher interest rates as well as less government spending to keep inflation under control. Yes, there are other factors to consider and we all learn about these factors in econ 101 but we're living in some pretty precarious times. Never in our history have we been as dependent on debt as we are now.

Lol. This sounds about right. Notice how it was your high school English teacher that showed you the clips, and not your high school Econ teacher. This is probably because Jon Stewart knows nothing about economics. The clip above proves this.

Yea I invested mine in the market’s, I’m worth billions now!🤪

😂😂😂😂so funny…and now I’m sad 😢. Thanks for the temporary respite…❤

Never say never

I think a major problem was giving people making $300 a week, for example, an extra $600 a week on top of regular unemployment during the pandemic. Why would you go back to work when you could make an extra $500 a week, based on Nevada's unemployment setup, by NOT working. It was not "The Great Resignation" when 60-70% of people on unemployment were making more than they were while working. I knew this was coming a few years ago when the government started handing out unemployment checks like candy. I know of a college student who put away $15,000 in 9 months while on unemployment, and also an acquaintance who was working part-time, but since he was making a few hundred dollars less a week, also got the $600 a week for over a year. The economy got way out of sorts because the government, mostly ran by lawyers. who create nothing, don't understand how to run a business that isn't a law firm. Paying people to not work causes major financial problems that most people in this comments section do not seem to understand.

Please

Riot?

Yes!

Cue the music and send in the clowns. It's the same old song.

"lets make laws to prevent the single trans student in the state from playing boys sports, then complain about how the elites have abandoned us"

@@Charity4Chokora mostly peaceful

@Phil Stones 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?

@Phil Stones Thank you so much for this tip! Finding your coach was a breeze and I was really impressed with all the research I did on her credentials before scheduling a call. It's clear from her résumé that she's extremely knowledgeable and skilled, and I'm so excited to have the chance to talk to her!

You have $401k worth of stocks? 🤔

Stock prices are falling? Have you not seen the Nasdaq? The fact that I lost 200k on a short position on the SPY500 is enough to say that stock prices are NOT falling..... not yet............

You get no sympathy here - most people can’t even afford stocks…

The fact that these rich people are referring to greater unemployment as “medicine” that we need, is fucking infuriating.

Terrible times! 😄

Won't somebody think of the CEOs?!?

Retired? Lucky you!

@@robertroughley1923 Old, not so much!

#MeToo ;-)

Never say never

@@firstlast8258 This is one of the rare exceptions to that rule.

Indeed

Blame biden Inflation has skyrocketed since 2021

Or lose a dime.

Omg I remember hearing this on the news segment before inflation became a hot topic. I questioned it then and still question it. It’s like oh here’s people making more money, let’s Jack up prices. I mean god forbid people can actually make ends meet or start saving.

A lot of companies are raising prices because they know people will pay for it. It's funny how they can say it's inflation, but production has gone down in cost for a lot of different sectors. Many companies have realized how integral they have become to the continued function of modern society, so are milking everyone to the breaking point.

People mistakenly think inflation means equalizing the cost of life vs. hourly wage. The value of the hourly wage has only declined over the past 50 years in America. This is literally unsustainable. In my lifetime, prices have x2-x4 in all fields while min wage has yet to x2. It's basic math.

@@ME-yb2lm It's more of the same kind of crap that was going on the last time that inflation was ballooning in a BIG way ; "charge what the market " will bear" " never mind that large numbers of people will get harmed in countless ways ; the rich folks "out there" can't mount a vigorous effort to seize bigger prizes from one another until they have first cannibalized massive numbers of "lower level" folks 🤮🤮😡😡🤬🤬🤮🤮

@@ME-yb2lm yyyup, antitrust regulations have failed because companies have open access to buying politicians now.

Speak for yourself

Union power (working class power) is the only way out of this mess, and that's why they're fighting it so hard. Boycotting would be very effective, but only at a large, recognizable scale. If you want to start one or know of a link, let me know.

​@@kevincorvin4195 Starting worker co-ops instead of traditionally structured businesses is also effective.

@@kevincorvin4195 There are salting companies that can teach workers how to unionize.

You beat it by having very high progressive corporate and business taxes. Punish excessive profit rather than rewarding it.

There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

No sh*t, duh. The stock market is a predatory system that crashes every decade and steals back the savings of the middle classes.

Those who lose in any economic policy are those who are denied a voice. Working are routinely denied a voice, therefore they get blamed. It's really that simple. Everything else is babble.

It’s just rich peoples feelings

u r full of s hit fox news watching clown . while whining higher taxes in the USA would lead to people and corporations/companies leaving the USA. AT THE SAME TIME, THE CCP OD COMMUNIST CHI'NA WERE RAISING TAXES AND BUILDING UP THERE MILITARY AKA U R ANTI -AMERICAN PRO COMMIE MFER

A deeper question: why do people find ethics to be a boring topic when the lack of it is at the core of our struggles?

Because... that would be stupid? I mean, whos ethics? What is good and ethical for one is harmful to another. You people keep trying to act like everything should be fair without any regard for how the system is built and frankly, you have no room to complain. What have you done to break the wheel?

@@mattsmith1859 and what have YOU done?

@@amethystdream8251 I'm not the one asking stupid questions.

@@mattsmith1859 You very definitely *are* asking stupid questions. *"whose ethics"* You do know what an ethics board is, right? You at least googled it before you typed that comment? Or are you intentionally acting stupid? *Do you know what ethics is??* Your comment kind of implies that ethics is something of an alien, possibly fictional, concept in your life. *"what is good and ethical for one is harmful to another"* YES exactly the ethics board is there to *prevent the harm.* It's an independent group that exists to ensure that people aren't harmed for the greater good. Usually comes up in health care, perhaps most notably to check that no one is doing unethical tests on humans even if those unethical human tests would be good for research. It's not really that uncommon for large organisations to have some kind of ethics advisory board and it wouldn't be that hard to adapt the function for economists. Obviously this kind of committee is more damage reduction than damage prevention, but a little is better than nothing.

Another problem is the top do not create value I. The economy at large. You work, get a check for 100 bucks. You buy 100 dollars of food from your local grocery. That store buys 100 dollars of supplies from their supplier. That supplier buys 100 dollars of necessities for their business. That 100 dollar you made and spent created 300 dollars of value. If you hold money, or take it out of use, that 100 bucks is just 100 bucks. Someone explained this better, but money needs to be spent not sat on, and it needs to keep being spent.

You're not. The middle class in the 80s owned about 15-18% of the wealth. Today, they own about 7%. Inflation is caused by manufacturers moving over sea, and shipping issues related to the pandemic.

Yes there is. Because the Fed didn't just send you a check.

@@dannykumite The 4 SCOTUS picks nixon got for screwing Humphry just the way reagan screwed Carter and got 4 more SCOTUS seats and DOJ picks to push libertarian state's rights and tear apart the '60s civil rights progress. 8 Justices from stolen elections, then 5 more from POTUSes that lost the popular vote and in W's case lost the EC vote two.

​@DanielTheSexiest a check people got 2 years ago makes no difference today

If white collar crime was enforced than blacks would no longer be the 'criminal underclass.'

What politicians are saying is that they prefer poverty over worker solidarity.

and then we're the ones who pay the bill when giant corporations over leverage themselves and go broke. eventually this is how you wind up with some French Revolution shit. there is an undercurrent of sheer rage brewing

Speak for yourself

I think that was Jaffar in Aladdin whom you quoted said the golden rule.

I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value

wheres the rest of your scam comment chain

“Portfolio” 😂

He is liberal hack. Corporate greed existed during the Trump presidency and we didn't have 6% inflation Notice jon didn't talk about that

Yeah

You British?

I'm gonna clean my guns which I get on credit because I'm too poor to purchase them so then I'll default after the war is over. Or I'll call up my equally poor friend who invested enough in firearms to borrow some of his/hers. I mean I've got like 15 options to brandish a fire arm legally but can't get a decent paying job that supplies health insurance or any other benefit. So is this how we go down?

Revolution meaning, what, exactly? Last I checked, killing in the name of political change is called terrorism.

Lololollolllol

I'd like to take their money stacks and stuff their faces with it.

Revolution? With the Police, in many cities outfitted with Military gear, I don’t think it will end well for you….

Riot?

Lmfao 🤣

@@Charity4Chokora "Gopher ?" (O'brother) 😉 In France, we already have begun. ✊

Well he has to cover for the fact the stimulus democrats did was $1.9 trillion. 6x times what was necessary

Yeah dude thanks for being there. 😆 you could run for president and win. actually get something done, but apple tv is where you'll make your stand. 👍nice

Fox news: 😢 Greed is good if your rich. greed is bad if you're poor.

You goddamned communist! 😅

Speak for yourself

@@scifirealism5943 Faux entertainment

You are wrong

@@IndexInvestingWithCole depends on whether or not you trust the EPI analysis : www.epi.org/blog/corporate-profits-have-contributed-disproportionately-to-inflation-how-should-policymakers-respond/ I mean people don't get raises, prices go up, but somehow, companies still manage to increase their profits substantially. So either people pandemic savings are getting siphoned, or if they have none, they are taking up higher consumer debt than usual. Either way it is not sustainable.

@@IndexInvestingWithCole You are a bot account.

@@Meurth you are

@@IndexInvestingWithCole You just said "You are wrong" without a single argument or reason. Dumbdumb

Riot

Why look at the most obvious culprit? That would be too easy and logical.

@@bovinityleak2066 Now you can understand why the GOP wants to destroy education.

How dare a company make a profit, the nerve if these people The money should go transsexuals and felons

@@ctwwtc8761 You had to write about trans people, you just couldn't help yourself. Completely off topic, but that's not going to stop you. Admit it, you're afraid you might be attracted to one some day.

Naw. The elites need to be sacrificed.

Or maybe we should sacrifice them

French Revolution, yeah! Like to skip the Reign of Terror portion if at all possible.

It's class warfare, we need to start calling it what it is.

@@anthonyesposito7 Yea, this country is in desperate need of some class solidarity.

You didn't get the two other federal checks? California issued some of it's own ... from federal money of course. Which came to $3200 not counting any state ones. and it says more than 476 million payments went out. So will round it to 480 though it was likely more. Math says about $1,536,000,000,000 went out. To make it easier to read that is $1.5 Trillion. Yes that did have some impact on top of other issues related to lockdowns much which could have been avoided.

@@ronpetersen2317 The Pentagon LOSES over $6 trillion dollars a year. $1.5 T is chump change.

@@ronpetersen2317 Florida only got 2 months I think out of the whole 2 years?

@@ronpetersen2317 Hey buddy, there are only an estimated 331 million people in the US. The millions of payments number you have probably counted the different rounds of checks. That would be right around a trillion. And that's about a year of the military budget. It's big, but it's not something that would overshadow all other factors, especially since the effect largely kept money in the same place it would have been.

@@sethobannion3149 I was counting all the checks that went out. there were three checks while the strawmen comments are only counting one of them. I also pulled numbers and did the math on it.

We begin by coveting what we see every day.

The relief checks were cautioned from the start of covid that they might have a big effect. Supply also had a major effect. Prices jumped up because of production was shut down. Production shutting down caused shipping costs to be insane. I have a game store and heard from small game publishers how insanely high they went. It made games mostly jump up across the board. though a few companies managed to not bump things up but very few. The ones that didn't I think wasn't having things produced in China. And that isn't many. Supply and demand is a factor for sure.

Pride, wrath, sloth, gluttony and so forth certainly don't help...

Yeah spending trillions on the " inflation reduction act " didn't have any affect right ??

@@Goredbirds82 inflation is a problem which cannot be solved. Once it gains a foothold it becomes a permanent feature of the landscape. It starts with a single snowball, and as the snowball increases in size it picks up momentum until it becomes an avalanche. If you ask A why they increased their prices, A will tell you that it's because their suppliers, B and C, increased their prices. B and C, when asked, will say because D, E, and F increased prices and so on ad infinitum. You will never arrive at a satisfying explanation for who started it. Furthermore, inflation can never be truly stopped or it's effects mitigated. Prices never ever go back down. You may blame "greed" all you want but how to remedy this seemingly innate human trait? Anyone have any bright ideas? I'm all ears...

Honestly I was disappointed he was just acting goofy

@@tobiramasenju6290 Look at the networks he's pulling these clips from. He is not afraid to speak truth to anyone, even the supposed allies of the progressives.

​@@tobiramasenju6290 agree, not much was said.

@@alpsalish This is just one clip. He's back at it again and killing it.

@@Lord_Alimdor that's fine and maybe he is this was just not a great representation of that

You are incorrect

@@IndexInvestingWithCole mind explaining more?

@@Grendelful no

@@IndexInvestingWithCole Thanks for proving that whenever you braindead alt right sheep disagree with something, you don't even have single a reason to disagree.

@@IndexInvestingWithCole Fine, you are incorrect. He is perfectly correct about CEO pay. He is also completely justified in questioning the value such people bring to our society. What most people don't realize is that many company boards are comprised of other CEOs. It becomes a game of you scratch my back and I'll scratch yours. Its that positive feedback loop that gets to the crazy salary. And whats more their salary is often just the icing on the cake. Most CEOs have other revenue streams.

Capitalism ? Privatizing profits and socializing losses.🧠For centuries.

Riot?

Yes FUBAR!

@@Charity4Chokora I think a general strike would be more effective.

They are FU But they are not AR.

Correct. Our political leaders could eliminate poverty. It's within their power to do so. It's not among their priorities. If there were truly living wages or a minimum income, no one would ever work a minimum wage job, no one would ever put up with stagnant wages or living pay check to paycheck.

Imagine if a doctor would accept being a cashier. On that's right, they wouldn't! This is the *exact* type of choice and power corporations don't want all workers to have.

As opposed to a dead wage

This is why it’s important to buy stocks in these growing companies, right? What’s the alternative, just complain? I get it, but I’m gonna try and play the game even though it’s obviously rigged.

@@firstlast8258 . Not really the opposite of "liveable". I am thinking you read that as "living", but nice try.

Yes, but Congress doesn't understand the issues... and they're clowns.

So is Volodymyr Zelenskyy.... Putin doesn't find him that funny, tho.

@@Forrest-Jackson Honestly I'd love to see Jon Stewart (or maybe Al Franken) run for President. I don't normally endorse celebrities running for office, but I'd make an exception for either as they are both politically savvy and have the qualities I think we need in a President.

​@@shocktrauma85 Stewart would never run. It's not his aspiration.

@@choo9266 ?

Speak for yourself

@@firstlast8258 Read the comment before replying bro

@@Meurth - Perhaps "bro" is rich and just salty that no matter how much money they threw at TicketDisaster, they couldn't bag front row seats. Now daughter dearest is having an existential crisis because, "THIRD ROW!? THIRD!???"

Gawd bless Murica

When elites tank the economy, we bail them out. When they cause inflation pain on everything including themselves, we blame the workers.

Speak for yourself

@@firstlast8258 Do you feel attacked? Are you even a business owner?

Think of the shareholders /s