🎯 Key Takeaways for quick navigation: 00:02 🏦 Money creation: Most money is created by banks through loans and digital entries, not physically printed by the government. 05:07 💼 Federal Reserve Ownership: The Federal Reserve is owned by other banks in the US, making it a system controlled by major financial institutions. 07:26 🤔 Banks not acting in your best interest: Banks prioritize profits over customer interests, so it's essential to be cautious and make informed financial decisions. 08:50 💰 Bank treatment based on wealth: Wealthier individuals receive better banking terms and services compared to those with limited assets. 09:46 🏦 Banks for parking money, not investing: Banks should be viewed as places to manage money, and better investment opportunities lie in stocks rather than traditional bank accounts. Made with HARPA AI 👍 Upvote to improve video surfing
At this moment, things appear to be odd. Inflation is reducing the value of the US dollar, but it is strengthening in comparison to other currencies and commodities like real estate and gold. People are switching to the dollar because they believe it is safer. I worry that the rising cost of living may cause the value of my retirement savings to decline.
Safest approach i feel to go about it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
'Laurelyn Gross Pohlmeier' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
there's a book called whispers of manifestation on borlest , and it talks about how using some secret tehniques you can attract almost everything in life it's not some bullshit law of attraction, it's the real deal
I skipped school and started to work for the government as soon as i could. That way i could get an easy and higher loan for my first house to buy at 21 years old. My friends were studying for years and got thousands of study debt. When they finally got done with the study at 27 years old they had to pay off a big amount of money. When they are around 30 years old they can't buy a house because house prices are so high now they can't loan enough money so they are forced to rent. While i bought my 4th house now at 26 years old and sold the other 3 with a big profit life is so easy now because of this skip school and work for government method. After i sell this house with profit i just buy back a smaller house half the price. Now i can use 50% of my last house that i sold to buy real estate (garages or other things to rent out) Because of those choices i can stop working my job for years sooner than my friends or just work 2 to 3 times a week and live a easy life and have so much more time to enjoy life or hobbies. The 8 years that they studied extra i could invest a nice amount of money in stocks and real estate. Not saying studies are not smart but financially its much easier to skip school in my opinion. :p
Respect if this is true but sounds pretty fishy.. if at 21 you got a lend from a bank to buy a house and at 26 years old you own 4 houses? Unless you have a high tier job close to being in politics in the gov how have you paid off your debt along with 3 other properties? Thats alot of money for a span of 5 years
@@playlist-gt5ji no my fourth house i bought now. I sold every house before buying a new one. Now im at house 4. I stepped up to a bigger house every time when prices got up so i sold it with profit to buy a bigger and newer one. (And moved to a little cheaper area every time and waited for prices to rise)
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Trading is the real investment. The process of trading can be complicated when you have limited knowledge. However, with the right strategy and setups, you can be successful. That's the whole point of investing
Banks are selling mortgages. People always say it's a good option to buy at discount, but with the market turmoil and everything at stake in present economy, I'm thinking of buying stable coin to hedge against inflation, or is it all right saving over 350k ?
There are options that spread across multiple banks. I use a non-beginner broker that protest up to 3 million dollars and provide 4.58% returns on cash, it's always a good idea to consider working with an advisor for financial planning
Investing in stocks can be a wise decision, especially if you have a dependable trading system that can lead to successful outcomes. Personally, I've been working with a financial advisor for about a year now. Starting with less than $200K and I'm now just $19,000 away from making half a million in profit.
Carol Vivian Constable 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..
When you put your money in the bank, you are the lender, the bank is the borrower, and it gives you less than 1% of interest. Meanwhile the bank is going to lend you or another person for 7%+ of interests for the same money you just put in ( essencially using other people's money aka OPM to do business). Pay Attention that is NOT 6% extra profit, that is 600% extra profit and they have this so well oiled up that they can do this 17 times in a fiscal year, 12 in a recession. Almost sounds like a racket isn't it?
Banks charging low interests to wealthy isn't some shady back door conspiracy. It's simple wholesale discount. If you purchase one item you pay the MSRP. If you purchase 1000 of it you get discounted price.
Such great advise, wise I knew all this as a youngster.. Been saying for many years to my family and friends; banks are a business and one is in business to make profit !!
Other than borrowing with interest from private financiers like Fed Reserve Banks, World Bank, IMF, or stealing resources of another country, what’s a better and fair way to fund all the activities of one’s own nation?
When my business was going bad my banker was always busy for my calls , then my profit raised and suddenly he had a lot of helping products for my business…
@@tonysnow5461 the Titanic didnt sink due to the collision with an iceberg. They sank it on purpose. Why? Because most of the rich families that were against creating the Federal reserve, were on the Titanic. The Morgan family and it's allies remained on the port right before the Titanic departed.
I always have been interested to visit United States of America I hope one day I can meet some one from there and get invited to meet that beautiful country, greetings from Mozambique!
Don't come here, we aren't friendly to tourists and we don't like outsiders and there's a good chance you'll just be bored. Nothing to do but spend money.
Don't listen to the others. There's plenty of places to go with plenty of culture. Just do some research on what part of the U.S. you're going to first. Hope you can make it soon!
Very nicely done presentation on a complex topic. Put people in debt and consequences for not paying off the debt and you enslave them most of their working life
And by owning shares of Golman Sachs (and a few others), you can be assured that if they do screw up royaly, they'll be bailed out so your investment is safe...
00:05 All money is debt 01:26 The government borrows money from the Federal Reserve and creates money out of ink and paper. 02:38 Banks create 95% of money digitally 03:57 The money that banks and the government have to pay back is more than the amount of money that exists in the system, making it impossible to pay off the debt. 05:13 The US created a central bank after a financial crisis to restore public faith in the banking system. 06:47 Banks are not there to act in your best interest. 08:17 Banks charge less to wealthy customers 09:32 Money today doesn't hold any intrinsic value, so stop treating banks as investment tools and look at them as institutions to manage your money.
Very comprehensible explanation I've seen so far, you get entangled once you try to make sense of the relationship between finance and economy. Also explaining how banks create money ex-nihilo, explaining fractional reserve system although I've found recent explanation showing that banks treat differently loans and credit to customers money. And finally how all money is DEBT. However it doesn't mention how this breaks havoc in the economy.
Thank you for this video. At 5:42, since you mentioned that Bank runs out of cash, why not Bank prints their own money themselves since you mentioned they can create money out of thin air?
Let's put it this way: 1. Physical money is printed by the Fed using ink and paper. I mean out of thin air. 2. Then, the banks technically print it again out of thin air when they lend out 90% of the deposits so as as to receive more than what they lent out(interest). The deposited money does not belong to them. It belongs to the clients, yet they take it, give to someone else so as to receive some extra money for the second person. That's literally printing money out of thin air. Such a flawed system!
6:56 There are a dozen regional reserve banks, and they are required to keep 6% of their capital in the regional reserve bank. Uh...they ARE the regional reserve bank! The regional reserve banks are required to keep 6% in themselves? Is this a spot where a script needed proofreading, or am I not understanding?
The private banks are supposed to deposit 6% of their money to the reserve Bank and will be given the shares of the shares of the reserve Bank in return
The Feds has unleashed chaos! every day we encounter novel challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $280,000 savings vanish after putting in so much effort to accumulate them.
Although the market is currently volatile, aren't the current valuations a result of the Federal Reserve's monetary policy and low interest rates? Therefore, my recommendation is that you consult a financial advisor who can give you entry and exit points for the shares that you are interested in.
I've sold a property in Michigan and I’m considering investing the proceeds in stocks. With the current market optimism, I'm unsure if it's the right time to buy stocks and how long it will take for a full market recovery. I'm also puzzled by how some are making substantial gains of over $320k within months in the same market.
While market opportunities exist, it's essential to avoid blind commitments . To grasp the factors influencing your financial growth, I recommend consulting a professional.
It's remarkable, but considering my portfolio's current poor performance, I really do need their help. Could you please provide me with a way to contact your advisor ?
Scam Alert ! Scam Alert !! Scam Alert !!! Don't look for a financial advisor "Scam Artist" in the comments under a You Tube video related to finance! Scam Alert ! Scam Alert !! Scam Alert !!!
Thanks for sharing such valuable information! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). How can I transfer them to Binance?
There are basic universal laws of gravity that dictate the value of a currency.. a currency actually IS based on a few types of wealth. The value of money isn't just created out of nowhere..
the most abundant resource in the history of the planet is money. there is infinity money, it is not rare or scarce. the problem for most people is they are conditioned to be poor.
9:55 "If you want to keep ur money in a bank, try buying in their stock." There is a catch: Institutions disappear and new ones are born when the economy goes down. Banks are no different. Everyone who still had their money in Washington Mutual Bank stocks in 2008, or Home Savings Bank in the late 90's, saw those "indestructable" banks get destroyed. I'm no stock trader, but it is hard to imagine investing in what you don't at least slightly believe in. I use the bank for business, but I don't believe in any single one of them.
Thanks for the forecast! 📊 Need some advice: 🙏 I only have these words 🤔. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What should I do with this? 🤷♂️
1-Own stock from the bank you deposit your money in.! This video is not explaining money but the corrupt bank system of today. Money is the countability of an unfinished barder or trade, Also know as a note of dept. The real way of creating money is by exchanging your time for the benefits of someone else. Anyone can write money but it won’t be recognize by a lot of people.. Let’s make videos on how to get out of the corrupt system and value work and exchange for one another
I am from Miami United State🇺🇸, The difference Mrs Lucy Mary Liam makes in my life is second to none it's definitely a life changing kindness. I really appreciate her effort in my life.
Seeing my broker talked on TH-cam, This was exactly how I got the recommendation about her for the past years. Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in July 2024
Her good strategies of making large amount weekly profits for her clients are totally outstanding. Investing my $1500 with doubt and withdrawing $12,300 with happiness. I ❤️ you Lucy.
Awesome video. Finally watched it out. That's why I don't use banks. Spot on. Other people in the video commenting in the future and haven't even watched the video (this video is amazing) lol.
I always had this question.... If schools are there to prepare you for work, then why don't businesses pay for it ???? Businesses pay for staff training, and school is just basic training.
How dare you to ask for "like" and subscribe before one has seen the full content? This is like asking to sign a papper without readding it. Do you get that?
Just remember, banks are a corporation and you are a loving man or woman with a living soul. It is illegal for a corporation to create a contract with a man or woman. So once you get that loan be sure to request the documents proving it a legal contract. They will not be able to do this and you will then not be obligated to pay it back. Discharge debt.
It's sad that most people will be contented to complain about social injustice in the comments rather than start a revolution and commit on getting rid of it. Well, at least there is no civil war.
Money is a claim on goods and services, money that does not exist yet is a claim on future goods and services. It is an obligation to perform activity to receive money to pay money. Therefore money that does not exist is debt bondage by a debtor to a creditor. Voluntary servitude to another.
What about self worth? I see people consuming they skipped college and dropped out of high school. Then they claim they bought their first house a few years later. Idk about you but in todays economy this isn’t possible. The minimum wage to live here is $19 to pay all your bills and leave you with money for food and insurance. Jobs typically hire around $13 for low wage jobs. Either you have to start out with connections working for your uncle or you’re already at a bad start working 2 jobs to live comfortably. You could take up an apprenticeship or something. I really don’t understand where people claim all their friends went to college for 8 years and graduated with high amounts of debt. You can go to a technical school and enroll in a transfer program to a 4 year institution. Get paid to go to college and stay at your parents. You’ll make around 12 k a year as a student this way from grants and scholarships. That is if you completed high school with decent grades.
3:57 that's not true. A dollar can be spent more than once. Pretty funny how you're supposedly teaching us about money, when you yourself don't even understand it.
so acctually banks dont really take your money and lend it to someone else they just let your money in the bank and when someone else takes a debt then they just creat new money buy saying they payed for example 100 dollar to their bankaccount
Investing in alternate income streams should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
Everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.
Join The Intelligent Investing Academy: intelligentinvestingacademy.com
Use the coupon code "INVESTNOW" to get a 40% discount.
At 17 years old they'll let you commit to 200k in student loans but won't give you a 20k business loan. Think about that for a second.
agree but would you lend your money to a random 17 years old kid to start a business ?
@@yanlinnaing5654 Doesn't matter. If you have good credit and stable job, banks will lend to you.
@@CreativeCashflow1 Its a 17 year old kid....he doesn't have a job, he is going to college. I wouldn't loan the 17 year old money either.
If you can know this, it is enough or half way to outsmart them.
Tru
🎯 Key Takeaways for quick navigation:
00:02 🏦 Money creation: Most money is created by banks through loans and digital entries, not physically printed by the government.
05:07 💼 Federal Reserve Ownership: The Federal Reserve is owned by other banks in the US, making it a system controlled by major financial institutions.
07:26 🤔 Banks not acting in your best interest: Banks prioritize profits over customer interests, so it's essential to be cautious and make informed financial decisions.
08:50 💰 Bank treatment based on wealth: Wealthier individuals receive better banking terms and services compared to those with limited assets.
09:46 🏦 Banks for parking money, not investing: Banks should be viewed as places to manage money, and better investment opportunities lie in stocks rather than traditional bank accounts.
Made with HARPA AI 👍 Upvote to improve video surfing
Thank your for the summary😃
Thank you for the summary. It saved me a bunch of time since most of it I already knew.
🥂🍾
At this moment, things appear to be odd. Inflation is reducing the value of the US dollar, but it is strengthening in comparison to other currencies and commodities like real estate and gold. People are switching to the dollar because they believe it is safer. I worry that the rising cost of living may cause the value of my retirement savings to decline.
Safest approach i feel to go about it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
You seem to know the market better than we do, so that makes great sense. Who is the guide?
'Laurelyn Gross Pohlmeier' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
there's a book called whispers of manifestation on borlest , and it talks about how using some secret tehniques you can attract almost everything in life it's not some bullshit law of attraction, it's the real deal
Not falling for it
Hogwash.
"Some secret tecniques you can attract almost everything in life." So basically the law of attraction. 🤷♂️
It is BS. Christians call that "praying". I'm sure folks in Gaza, Israel, Sudan, would love for that insane policy to be true...
I skipped school and started to work for the government as soon as i could. That way i could get an easy and higher loan for my first house to buy at 21 years old. My friends were studying for years and got thousands of study debt. When they finally got done with the study at 27 years old they had to pay off a big amount of money. When they are around 30 years old they can't buy a house because house prices are so high now they can't loan enough money so they are forced to rent. While i bought my 4th house now at 26 years old and sold the other 3 with a big profit life is so easy now because of this skip school and work for government method. After i sell this house with profit i just buy back a smaller house half the price. Now i can use 50% of my last house that i sold to buy real estate (garages or other things to rent out) Because of those choices i can stop working my job for years sooner than my friends or just work 2 to 3 times a week and live a easy life and have so much more time to enjoy life or hobbies. The 8 years that they studied extra i could invest a nice amount of money in stocks and real estate. Not saying studies are not smart but financially its much easier to skip school in my opinion. :p
Respect if this is true but sounds pretty fishy.. if at 21 you got a lend from a bank to buy a house and at 26 years old you own 4 houses? Unless you have a high tier job close to being in politics in the gov how have you paid off your debt along with 3 other properties? Thats alot of money for a span of 5 years
@@playlist-gt5ji no my fourth house i bought now. I sold every house before buying a new one. Now im at house 4. I stepped up to a bigger house every time when prices got up so i sold it with profit to buy a bigger and newer one. (And moved to a little cheaper area every time and waited for prices to rise)
@@noel_r8 you renovate homes so they are worth more or just let time do its job of increasing value?
Because as your own house goes up in price, so do other houses?
Amazing 🤩
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Trading is the real investment. The process of trading can be complicated when you have limited knowledge. However, with the right strategy and setups, you can be successful. That's the whole point of investing
Trading success always depends on applying the right trade signals to your trade
I'm new to investing and would like some expert advice on the best strategies and resources for beginners.
Trading without any guide is so risky, you need to get a good mentor to guide your trades.
It is good to seek expert guidance before venturing into trading to avoid losses
Banks are selling mortgages. People always say it's a good option to buy at discount, but with the market turmoil and everything at stake in present economy, I'm thinking of buying stable coin to hedge against inflation, or is it all right saving over 350k ?
There are options that spread across multiple banks. I use a non-beginner broker that protest up to 3 million dollars and provide 4.58% returns on cash, it's always a good idea to consider working with an advisor for financial planning
Investing in stocks can be a wise decision, especially if you have a dependable trading system that can lead to successful outcomes. Personally, I've been working with a financial advisor for about a year now. Starting with less than $200K and I'm now just $19,000 away from making half a million in profit.
Mind if I ask you to recommend this particular coach you using their service?
Carol Vivian Constable 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..
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
When you put your money in the bank, you are the lender, the bank is the borrower, and it gives you less than 1% of interest. Meanwhile the bank is going to lend you or another person for 7%+ of interests for the same money you just put in ( essencially using other people's money aka OPM to do business). Pay Attention that is NOT 6% extra profit, that is 600% extra profit and they have this so well oiled up that they can do this 17 times in a fiscal year, 12 in a recession. Almost sounds like a racket isn't it?
So should we feeding into the banking system after this knowledge?
You are free to lend your money to anyone, at any interest rate.
the 90% that the bank is allowed to lend represent how much the US dollar has lost its value since the gold standard was abolished.
Banks charging low interests to wealthy isn't some shady back door conspiracy. It's simple wholesale discount. If you purchase one item you pay the MSRP. If you purchase 1000 of it you get discounted price.
This^
No one can convince to buy anything I don't need or I didn't go looking for. I tell salesman NO! WITH EASE.
Such great advise, wise I knew all this as a youngster.. Been saying for many years to my family and friends; banks are a business and one is in business to make profit !!
Wow, for real? How were you able to figure all of this at such a young age.
@@numbahone1434 read my comment again...
I am in finance for 5 years and doesn't know that side of banks until now. Thanks for the info.
Other than borrowing with interest from private financiers like Fed Reserve Banks, World Bank, IMF, or stealing resources of another country, what’s a better and fair way to fund all the activities of one’s own nation?
When my business was going bad my banker was always busy for my calls , then my profit raised and suddenly he had a lot of helping products for my business…
Insightful for starter who wants to understand money!
This is why I laugh when people say Bitcoin is a scam 😂
The FED was created in 1913.
Titanic sank in 1912.
Coincidence? 😏
What is the relevance can you explain please?
@@tonysnow5461 the Titanic didnt sink due to the collision with an iceberg. They sank it on purpose. Why? Because most of the rich families that were against creating the Federal reserve, were on the Titanic. The Morgan family and it's allies remained on the port right before the Titanic departed.
@@aitorrodriguez6888 🤔🤔🤔 make you wonder
@@tonysnow5461some on board were apposed to the creation of the fed.
What are you implying?
I always have been interested to visit United States of America I hope one day I can meet some one from there and get invited to meet that beautiful country, greetings from Mozambique!
You dont wanna go there, I heard its better to be in cuba or venezuela.
Don't come here, we aren't friendly to tourists and we don't like outsiders and there's a good chance you'll just be bored. Nothing to do but spend money.
Don't listen to the others. There's plenty of places to go with plenty of culture. Just do some research on what part of the U.S. you're going to first. Hope you can make it soon!
The whole video move around one statement ""money doesn't make you rich,it is the debt that makes you rich""🤑
Thank you for this eye-opening analysis many don't know.
Very nicely done presentation on a complex topic. Put people in debt and consequences for not paying off the debt and you enslave them most of their working life
And by owning shares of Golman Sachs (and a few others), you can be assured that if they do screw up royaly, they'll be bailed out so your investment is safe...
Hi is investing in shares any good with banks
00:05 All money is debt
01:26 The government borrows money from the Federal Reserve and creates money out of ink and paper.
02:38 Banks create 95% of money digitally
03:57 The money that banks and the government have to pay back is more than the amount of money that exists in the system, making it impossible to pay off the debt.
05:13 The US created a central bank after a financial crisis to restore public faith in the banking system.
06:47 Banks are not there to act in your best interest.
08:17 Banks charge less to wealthy customers
09:32 Money today doesn't hold any intrinsic value, so stop treating banks as investment tools and look at them as institutions to manage your money.
Did you know, banker is the enemy of humanity
Thanks~~~~< for watching_and don't forget••• to hit the like>watsap
➕ ① = ⑧ = ⑦ = ⑧ = ③ = ① = ③ = ② = ⑨ = ④ = ⑤..📲...
Very comprehensible explanation I've seen so far, you get entangled once you try to make sense of the relationship between finance and economy. Also explaining how banks create money ex-nihilo, explaining fractional reserve system although I've found recent explanation showing that banks treat differently loans and credit to customers money.
And finally how all money is DEBT.
However it doesn't mention how this breaks havoc in the economy.
But the so-called developed countries' banks pay only 0.001% interests (or even less!)
That's actually illegal!!! Banks can not loan Depository money!!!
Thank you for this video. At 5:42, since you mentioned that Bank runs out of cash, why not Bank prints their own money themselves since you mentioned they can create money out of thin air?
they do it through the Fed. But legally only the Fed is allowed to print USD.
@@moetocafe 💯🤔
I think by printing more will cause more problem due to inflation.
@@moetocafe Correct
Let's put it this way:
1. Physical money is printed by the Fed using ink and paper. I mean out of thin air.
2. Then, the banks technically print it again out of thin air when they lend out 90% of the deposits so as as to receive more than what they lent out(interest). The deposited money does not belong to them. It belongs to the clients, yet they take it, give to someone else so as to receive some extra money for the second person. That's literally printing money out of thin air.
Such a flawed system!
Thanks for the video
It's 0 fractional reserve now (after 2020), bank can lead as much as they want if the risk seems right.
6:56 There are a dozen regional reserve banks, and they are required to keep 6% of their capital in the regional reserve bank. Uh...they ARE the regional reserve bank! The regional reserve banks are required to keep 6% in themselves? Is this a spot where a script needed proofreading, or am I not understanding?
The private banks are supposed to deposit 6% of their money to the reserve Bank and will be given the shares of the shares of the reserve Bank in return
The Feds has unleashed chaos! every day we encounter novel challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $280,000 savings vanish after putting in so much effort to accumulate them.
Although the market is currently volatile, aren't the current valuations a result of the Federal Reserve's monetary policy and low interest rates? Therefore, my recommendation is that you consult a financial advisor who can give you entry and exit points for the shares that you are interested in.
thanks you answered all the questions i had in mind.... because i was wondering about that fix deposit rate
I've sold a property in Michigan and I’m considering investing the proceeds in stocks. With the current market optimism, I'm unsure if it's the right time to buy stocks and how long it will take for a full market recovery. I'm also puzzled by how some are making substantial gains of over $320k within months in the same market.
While market opportunities exist, it's essential to avoid blind commitments . To grasp the factors influencing your financial growth, I recommend consulting a professional.
It's remarkable, but considering my portfolio's current poor performance, I really do need their help. Could you please provide me with a way to contact your advisor ?
Yes, i just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. Thank you
I love the market here. I just bought a home in Detroit.
Scam Alert ! Scam Alert !! Scam Alert !!! Don't look for a financial advisor "Scam Artist" in the comments under a You Tube video related to finance! Scam Alert ! Scam Alert !! Scam Alert !!!
Thanks for sharing such valuable information! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). How can I transfer them to Binance?
Sooo does anyone know the name of one of the 6 banks' stoxks 👀 👁
There are basic universal laws of gravity that dictate the value of a currency.. a currency actually IS based on a few types of wealth.
The value of money isn't just created out of nowhere..
Yes it is. USA dollar is backed by nothing.
Awesome financial lesson💯👌
Thanks~~~~< for watching_and don't forget••• to hit the like>watsap
➕ ① = ⑧ = ⑦ = ⑧ = ③ = ① = ③ = ② = ⑨ = ④ = ⑤..📲...
it is my understanding that since Chovid, banks no longer have to keep 10%.
10% of nothing is nothing. Money was, is, and will always be fake.
I am my own bank 🏦 👍
a new subscriber is here❤❤
you make me feel good with your session ,so teach me another session ,God bless you
Okay this guy knows what hes talking about. He left out a ton of information but this connexted things for me.
THE BEST INFO
Thank you. I needed to hear that
Back again with another one 🔥🔥this content is excellent 👌, i cant believe its for free, thank you very much
the most abundant resource in the history of the planet is money. there is infinity money, it is not rare or scarce. the problem for most people is they are conditioned to be poor.
Good point about 90 %
That’s why gold standart is the best way to balance money
9:55 "If you want to keep ur money in a bank, try buying in their stock."
There is a catch: Institutions disappear and new ones are born when the economy goes down.
Banks are no different. Everyone who still had their money in Washington Mutual Bank stocks in 2008, or Home Savings Bank in the late 90's, saw those "indestructable" banks get destroyed.
I'm no stock trader, but it is hard to imagine investing in what you don't at least slightly believe in. I use the bank for business, but I don't believe in any single one of them.
Thanks for this valuble and informative episode Proactive thinker straight to the point and concise keep the gems coming
how often are dividends paid? monthly?
Every 3 months
Thank you for your sharing
Thanks for the forecast! 📊 Need some advice: 🙏 I only have these words 🤔. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What should I do with this? 🤷♂️
0:33 man has a floating head
😂😂😂😂
He’s using ai to animate this 😢
Thank you very much.
step 1: walk into bank
step 2: hand teller a note that says "put the money in a bag"
step 3: profit.
1-Own stock from the bank you deposit your money in.!
This video is not explaining money but the corrupt bank system of today.
Money is the countability of an unfinished barder or trade, Also know as a note of dept.
The real way of creating money is by exchanging your time for the benefits of someone else.
Anyone can write money but it won’t be recognize by a lot of people..
Let’s make videos on how to get out of the corrupt system and value work and exchange for one another
I'm glad I was introduced to forex trading and got the best teacher and mentor who helped me understand the financial market I'm grateful to Mrs Liam🙏
I am from Miami United State🇺🇸, The difference Mrs Lucy Mary Liam makes in my life is second to none it's definitely a life changing kindness. I really appreciate her effort in my life.
I invested $2,000 and the trade in one month making close to $20,000. I wonder where she got her analysis.
Seeing my broker talked on TH-cam, This was exactly how I got the recommendation about her for the past years. Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in July 2024
I'm from Brazil 🇧🇷 I and two other of my friends tried her immediately we testified her performing wonders.
Her good strategies of making large amount weekly profits for her clients are totally outstanding. Investing my $1500 with doubt and withdrawing $12,300 with happiness. I ❤️ you Lucy.
This video is so precious.
This video opened my eyes again
Thank you
Awesome video. Finally watched it out. That's why I don't use banks. Spot on. Other people in the video commenting in the future and haven't even watched the video (this video is amazing) lol.
If you don't use banks, what do you do then? Where do you store your money?
@@tachobrenner in my house, where it belongs... FYI, can't save what u don't have lol
How do you paid for your phone service if you don't use banks unless your parents do lol.
Shouldn't you be in school boy? Damn.. these kids on youtube comments
My country pays 10% interest..Nepal
So should I deposit in bank?
Absolutely
yes
I always had this question....
If schools are there to prepare you for work, then why don't businesses pay for it ????
Businesses pay for staff training, and school is just basic training.
Thank you for the information
At a Doctorate of Commerce level one understands that the true wealth of any organization IS it's happy, able, willing workers !!
🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉
This is why Bitcoin will continue rising.
🤣🤣🤣🤣🤣🤣
How dare you to ask for "like" and subscribe before one has seen the full content?
This is like asking to sign a papper without readding it. Do you get that?
Thanks! 🤩
This method of creating money is wht some entrepreneurs do and know and yes everyone can do it. Especially when u know of hjr...and yes its lawful
Thank you for this!
It’s because I am and we all are FED
Just remember, banks are a corporation and you are a loving man or woman with a living soul. It is illegal for a corporation to create a contract with a man or woman. So once you get that loan be sure to request the documents proving it a legal contract. They will not be able to do this and you will then not be obligated to pay it back. Discharge debt.
?
@@joaocarvalho1979 a corporate entity can’t make a contract with a person. It has to be corporation and corporation or person and person.
It's sad that most people will be contented to complain about social injustice in the comments rather than start a revolution and commit on getting rid of it. Well, at least there is no civil war.
Great content sir.
Money is a claim on goods and services, money that does not exist yet is a claim on future goods and services. It is an obligation to perform activity to receive money to pay money. Therefore money that does not exist is debt bondage by a debtor to a creditor. Voluntary servitude to another.
Good info
The fact that nobody talks about the book whispers of manifestation on borlest speaks volumes about how people are stuck in a trance
good work
But are those other 90% taken from the 10% of other people like in a pyramid system or literally generated?
Government can also borrow money from the people, in the form of government bonds.
Nice 😊
What about self worth? I see people consuming they skipped college and dropped out of high school. Then they claim they bought their first house a few years later. Idk about you but in todays economy this isn’t possible. The minimum wage to live here is $19 to pay all your bills and leave you with money for food and insurance. Jobs typically hire around $13 for low wage jobs. Either you have to start out with connections working for your uncle or you’re already at a bad start working 2 jobs to live comfortably. You could take up an apprenticeship or something. I really don’t understand where people claim all their friends went to college for 8 years and graduated with high amounts of debt. You can go to a technical school and enroll in a transfer program to a 4 year institution. Get paid to go to college and stay at your parents. You’ll make around 12 k a year as a student this way from grants and scholarships. That is if you completed high school with decent grades.
I may be wrong but I think Only seven people met in Jekyll Island to create the FED.
From Nick Hunt; Economics 101 at Jefferson Junior College, Hillsboro, MO 1979= banks hold fractional reserve notes- dollars, not real money.
How are national banks authorized to print money? Who gives them the authority?
Thanks but what do you want me to do, create my own bank :) ? That's how the world works.
3:57 that's not true. A dollar can be spent more than once. Pretty funny how you're supposedly teaching us about money, when you yourself don't even understand it.
By the way, where is number 2?
Most intelligent channel on TH-cam ,
The channel which understands the entire monetory system
so acctually banks dont really take your money and lend it to someone else they just let your money in the bank and when someone else takes a debt then they just creat new money buy saying they payed for example 100 dollar to their bankaccount
leverage
They get upset when you come to withdraw all of your Money. You may not get it all back right away, but they have to give it to you.
Investing in alternate income streams should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
Everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.
Cryptocurrency investment, but you will need a professional guide on that.
Facebook 👇
Evelyn C. Sanders
@Agent_evelyn_fx
Quote: “the government is borrowing money just like you”
Correction: the government is stealing money from me.
Bank intrest rates suck
Modern money mechanics, you're welcome.