Couple of things 1. Ive been learning about this stuff for the last 2-3 years ever since the pandemic but I'm always learning due to the very complicated nature of it. So cut me some slack if I misinterpret something or just correct me in the comments so we can all learn. 2. I feel like it's obvious, but take this as education only, don't invest your hard earned money exactly as is outlined in this video. Everyone has to and should do their own research on every single investment they make. Everyone also has different risk appetites which changes their bag of investments. Please learn something new from this video but don't take it as strict financial advice. 3. If you are interested in learning more from a paid course, I learned most of why I should invest like this from the one in the link in the description from Heresy Financial. Thanks for watching!
"This is the greatest wealth transfer in the History of man kind !" Americans LOVE to use this hyperbolic sentence ! I have never heard the Brits, the Germans, the French, the Russians, the Chinese, the Japanese... use this sentence. Countries that have a real history don't use this sentence. I'm a history professor and I can tell you that as soon as I hear someone saying "this the biggest, greatest... in the History of humanity" I can tell for sure that guy simply doesn't know shit about History !... though he pretend to... It is by far the best disqualifying sentence you can hear. 😅
I'm 64 and have been an investor and followed macro topics for decades. This video is an excellent description of the Feds control efforts, inflation and money creation. Well done!
Thanks! It was a project me and a few other buddies worked on together, one of them used to be an analyst at a hedge fund. We did our best. Appriciate the support.
Banks create more money then the fed … that’s a whole nother video … as long as you’ve been invested you’ve been keeping up & enjoying the ride … only the people who retired during the Nasdaqs 16yr drought got shafted during this entire 98% devaluation in $USD 🖨️
Blindside ,what about conclusions? They promote continued nonsense extrapolated on continued gaming of money markets without considering the consequences of a complete bust in collapse which is evidently already turned since March of 2024 as predicted in 2019 by reasonable economists that were not paid by the Biden Administration or Obama foreign actors and Banks.
Conclusion, wait for the crash and buy metals then some web3 crypto projects and some assets like land, make and sell some food and be independent from governments. Wish everyone luck
How do you there's gonna be a crash & not hyperinflation? I mean....I think crash, hyperinflation are both possible. It's seems like the mostly likely thing is that the Fed is going to print (QE) continue on massive extraordinary level.
@@sebb *Nice video, but technically the trouble started December 23, 1913 with the formation of the Federal Reserve Bank (a bank that never keeps money in reserve and is no more part of the federal govt then Federal Express) then it went from bad to worse when Nixon took the U.S. dollar off the gold standard and a few years later the U.S. dollar became the "PetroDollar", a world reserve currency back by oil and all OPEC Nations (primary oil producing countries). But after the 2000 "DotCom" market crash, Saddam Hussein noticed the U.S. economy was in a bubble and announced he would only accept Euros for Iraqi oil and for the first time the U.S. dollar's status as the world reserve currency was challenged. There was now blood in the water.* *The U.S. govt promptly orchestrated a war, had Saddam killed and their new puppet govt's first order of business was to accept only U.S.D. for oil again.* *The B.R.I.C.S. nations began to leverage the U.S. housing market and with the support of Barney Frank and other demoncraps forcing banksters to lower lending requirements so that even the "poor & minorities" could get a home. They enticed the banks with govt insurance and low interest rates guaranteeing those risky loans against default. The banksters now stood to 10x their profits by tapping into a subpar credit market. The bubble was reinflated with the housing market.* *Finally, now your video picks up there and covers events until today.*
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
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. I just scheduled a caII.
Great video! One thing - 08 wasn't primarily low income, low quality borrowers. That was part of it and the only red flag that would've caused trouble. But the main problem was over leveraged investors, which always show up as high quality borrowers. They're what made a problem into a crash.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I also heard news of a guy that made $250k from about $110k since the crash and I would really love to know how to go about this.
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
What he doesn't tell you that in 2008 backing crisis Abu Dhabi stepped in and bought 10% of each bank in the US. That's what kept them solvent. 80% of the wealth in the world is in oil, it's not in cars it's not in tech, it's oil.
Wrong. The real wealth in the world is BANKING.. an oil well is nice... a money printer is nicer. They can literally just create a trillion dollars out of thin air.. can't do that with oil.
@@senatedocument2646 actually he is right. that may of saved the system somewhat but notional derivatives tanked the system. Central banking saved things more than anything with printing cash, all their programs including Q.E., cash for clunkers...Central banking is the absolute worst system there is: debt based monetary system. now fractional reserve rarely exist.
Yes. Big big bailouts back then. Our government did nothing , never has, never will. Greed, power, sellouts to country. A few corporations, and probably just one, are controlling the crash to gain wealth. When economies crash wealth is gained.
I agree with this video that this all about about a massive wealth transfer.. but I disagree how. I mean if you really want to see a MASSIVE wealth transfer what better way than to get everyone positioned for inflation- and then you cause DEFLATION. If I sell you an asset for a dollar (because you think it's going to inflate) and then I cause deflation now I get to buy that asset back from you for 25 cents.. A big reason why I think this is very possible is because the FED can cause deflation wherever it wants and it could do it very easily by running down their balance sheet and fully stoping treasury purchases. And if they do cause deflation they get to turn the money printer back on eventually and use that money to buy up highly discounted assets.
@@jonathantaylor6926, With the advent of the Federal Reserve inflation has been a constant. While there are economic factors that can organically impact inflation, those tend to resolve over time. Inflation that result from the Federal Reserve monetary system are not resolvable, there is no way to balance debt with what is owed to the Federal Reserve. The can only create the appearance of lowering inflation, however, there are no tools available to the Fed that can reduce or eliminate inflation.
@@jonathantaylor6926 How can the Fed cause deflation when they have to cover all this debt? The US Goverment had there infinite money glish and made the best out of it but if your avarage joe relises he is being exploited via Inflation then people abandone the currency and rush to gold assets etc. You can create money out of nothing but you cant create acctual real wealth out of nothing.
Now is all clear: when they give to much money for free to people that do not produce it ends badly and banks take advantage on this situation. It’s a game!
@@flibbernodgets7018because their is no end in learning ,don't be shadow minded ,no one knows it all,even the best of learned still learn,a wise person will listen and lean from a fool,why a fool thinks he knows it all,good luck
I cannot express enough how valuable videos like these are. I've been reading lots of books on this subject (lords of easy money, bitcoin standard, too big too fail, lords of finance, changing world order, etc.) and it can still be pretty complicated, so learning the info from someone I've grown up watching makes it much simpler. TH-cam is seriously deprived of informational content because everyone only cares about views and short attention span tricks, so fr thank you.
agreed, I've started reading Broken money by Lyn Alden. There just isn't any good info on youtube anymore. 5 years ago you could search for a topic and get hours of lecture videos, now you barely find any relevant videos. I did found a very good youtuber for long term trading. If you're interested I can tell you, but I don't want to advertise, because I gain nothing from it and it's spam.
Glad you enjoyed it man, happy to be able to share what ive learned these past few years and make it useful for you too. Its a very complicated space and I feel dumb sometimes when I don't understand new info in this space right away so don't feel bad lol.
@@pyros4333 There were probably usury laws in the Roman Empire days. But in the USA there is no Federal law. Each state sets its own rules on Usury. DeFi is the answer. If you need a personal loan, and PayDay wants 25% to give you one, there will be someone, somewhere in the world that will give you a 5% loan of crypto. A smart contract will protect both parties. DeFi will remove all the intermediaries. Banks will need to be more competitive.
The French economist Maurice Allais commented that the global economy is beig sustained by pyramids of debt piled upon other pyramids of debt. Since 2008 the fragility of this house of cards has increased.
And economists only seem to care about that (some of them, at least) when the economy is doing poorly. Not at any time when we might have the chance to fix some things.
Money, currency, should flow, not be shored up doing nothing or just making money from money, it produces nothing, other than profits which, unless invested back into the thing it drew them from will eventually strangle its own money supply. Also, the more money in circulation the more it devalues, things aren’t getting more expensive, your money is worth less.
The money printed in 2008 did create inflation,gold doubled in price that’s inflation meaning it now takes twice as much to buy gold .paper money always has been and always will be a i.o.u for gold.
The dollar does not hold its value because it isn't backed by anything. Fiat currency is bad and will not hold its value against other currencies that are backed by an asset.
I’m 50 and smirked as I clicked on this video to watch a kid, but now I’m so impressed! Bottom line, if you’re in a position to invest then you can ride inflation, but make sure you avoid TAXES by using ROTH and other protective means.
@@davidcloyd1296 So if contributions will be taxed higher now, doesn't that make a traditional IRA better until things even out? Or are taxes low right now?
*Nice video, but technically the trouble started December 23, 1913 with the formation of the Federal Reserve Bank (a bank that never keeps money in reserve and is no more part of the federal govt then Federal Express) then it went from bad to worse when Nixon took the U.S. dollar off the gold standard and a few years later the U.S. dollar became the "PetroDollar", a world reserve currency back by oil and all OPEC Nations (primary oil producing countries). But after the 2000 "DotCom" market crash, Saddam Hussein noticed the U.S. economy was in a bubble and announced he would only accept Euros for Iraqi oil and for the first time the U.S. dollar's status as the world reserve currency was challenged. There was now blood in the water.* *The U.S. govt promptly orchestrated a war, had Saddam killed and their new puppet govt's first order of business was to accept only U.S.D. for oil again.* *The B.R.I.C.S. nations began to leverage the U.S. housing market and with the support of Barney Frank and other demoncraps forcing banksters to lower lending requirements so that even the "poor & minorities" could get a home. They enticed the banksters with govt insurance guaranteeing those risky loans against default. The banksters now stood to 10x their profits by tapping into a subpar credit market. The bubble was reinflated with the housing market.* *Slowly, quietly, the U.S.D. is being dumped as the world reaerve currency. Especially since Russia invaded Ukraine.* *Finally, now your video picks up there and covers events until today.*
Buy a small place. Rent out the rooms you're not sleeping in. Get a side hustle Now you have 3-4 sources of income. Pay it down as fast as you can. When you get your debt to equity at an easily manageable level. Do it again. Interest rates are meaningless. Inflation rates are meaningless. Take action on real world assets.
Anyone that says interest rates are meaningless, immediate throw their opinion in the trash lol. Even if you pay cash for everything, interest rates impact the value of money from the top down. Stocks, bonds, housing prices, business growth, savings rates, fuel and food prices etc. the least informed statement in the finance guru world. Very clear you don’t understand the interconnectivity of money and the world. Hell, other countries interest rates impact us. And as this impacts the price of goods, it has an influence on global politics. It’s all intertwined and a giant cog in the machine that’s why the so many people focus on it.
You forgot most important one: Invest in the US Stock Market! Don’t speculate, though. Only invest in great companies that are the leaders in their respective fields, like Apple, Nvidia, Microsoft, Chipotle, Nucor, Home Depot or Lowe’s, etc.
I'm so tired of hearing people telling me about what they're going to tell me instead of just simply telling me when they do that they're wasting my time and I turn them off
My outlook on money changed when I realized someone making $300,000 can retire broke & someone making $80,000 can retire a multi-millionaire. With the current market movement, you have $60k to invest. Where are you investing it?
I find it more productive and safe to buy growth/blue-chip stocks rather than etfs. It's advisable to work with a fiduciary advisor for well-diversified portfolios instead of relying solely on speculations.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Sophia Irene Powell for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I am holding a cash position right now, of about 300k. I know a dip is supposed to be the buying opportunity, so whats the best stocks to dive into, in this recession?
The market isn’t a rollercoaster if you know how to navigate it. There are opportunities to profit, even now. If you're not market-savvy, consider buying and holding strong companies with good earnings, or consult advisors about ETFs and actively managed funds.
Pretty simple you're losing about 15 to 20% of your buying power a year in cash. You should have 33% physical holdings gold silver art guns ext... I put a another 3rd of it and something safe typically vacant property very little cost to hold and another 33 percent in more volatile investments following world trends right now it's food and energy and military industrial complex.
So instead of free market the government decides how to manipulate all the markets. And they continually change the rules so we never know whats coming. Like a 6 year old deciding the rules on a monopoly game. Wtf.
Well yeah, that's what centralized banking systems do and why the American Founding Fathers warned us about them. America is on its 3rd centralized banking system by the way, this one began in 1913 and took off like a madman in the 70s.
Thank you sooo much. I learned and understood everything you were saying without having to look up words and acronyms. You are a brilliant young man and I look forward to learning more from you. Thank you so very much for sharing. I am on the verge of turning 60 I have no retirement I was not taught anything about money much less finances, much much less like non existent anything about our government finances..... I have been trying to educate myself and you have put what I have cleaned so far into One cohesive course.... ❤❤❤❤❤
FEDS are printing money, But the exchange rate with other countries like EURO , CAD GBP, always return to the average rate Does that means that all countries follow US policy of printing money with the same rate? Even some countries have worse inflation than US
yeah they are all in on the scam Japan send cars. China manufactures err thang, French send champagne, UK send insurance. German luxury cars, all for printed dollars. As long as everyone needs dollars to buy oil or do business internationally there's always more demand for dollars relative to every other fiat and the fed can keep printing and essentialy prop up the house of cards that is the global economy. The problem is inflation has consequences. Stagflation is worse.
31:32 Countries are moving away from the dollar. They're setting up their own systems. (Blockchain/CBDC). The future is distributed ledgers, between different countries there needs to be trustless protocols. (XRP) That's what digital assets provide. That's going to be the new system where countries can interact with each other without worrying about currency manipulation or sanctions, a fair system, a level playing field.
XRP is completely centralized, and thus 100 % trust-based. No countries will invest in a currency that a single business owns 50 % of, AND has control over who can spend (full censorship).
Absolutely amazing understanding and insight from a guy this young. I wish I had half his brain power and responsibleness when I was his age. I would definitely have been a multi multi-millionaire.
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money or you could hire a financial expert.
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and I return at least $30k ROI, and this does not include capital gain.
'Carol Vivian Constable, 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.
as long as we have privet central bank controlling our economy, bank will do the same thing again and again and gov will have save them to keep the country stable and people will suffer.
Didnt want to like the video because you're so young.......yet this was fantastic, in depth, unique charts I haven't seen anywhere, and reasonable projection/advice
Wouldnt it make sense to be on the right side of the equasion and also amount debt in form of buying real estate and land on credit? I miss the perspective on how inflation could benefit you if you hold debt in form of a real estate loan. Or did he say that and i didnt get it?
Yes, at first the massive increase in reserves meant banks now had the means to lend more. The "zero rates" meant borrowing large amounts was affordable. And if house prices went up, with all that money zooming into housing it's a no brainer, the collateral was also there to secure the lending. (Until inflation made its way into the "real" economy which would force the Fed to raise rates. And QE could no longer be sustained and QT would be needed to undo the QE.) That said the Fed's balance sheet it is thought is highly unlikely to go much below $4.5 - $5 trillion. The slowing down of QT seems to point to this.
My concern is if I was running things and I wanted it all what I would do is get everyone positioned for inflation..... and then cause massive deflation. Then I buy back the assets I sold you for a dollar, for 20 cents. And causing deflation couldn't be easier. The FED could do that tomorrow by just not rolling over their maturing bonds.. they can make the 10 year UST hit 6% no problem if thats what they want.
I was hoping to learn something new, but it's good to know I'm on the right path. I have no experience in finance but started getting nervous back in 2008 so i read up on how the rich protected their money during the Civil war and Weimar when their currency collapsed. Solid video
Few comments: 1) People say stocks are inflated but one thing to remember is that by owning a stock you own a tiny piece of the whole business, or future cash flows. You are buying a stock because you believe the value will go up. Stocks are usually priced on a future earnings basis. P/E ratios for S&P 500 right now are actually about at its average for the past 40 years. So yes, prices are high but that's because companies are earning more profit than ever. That's a good thing. 2) The government can pay off its debts from tax increases (which is going to have to happen because...math). The USA, despite what many people think, actually taxes our economy very little. Our Tax Revenue-to-GDP ratio (how much of our economic production do we tax) is only 26%. The average advanced economy (europe, japan, australia, etc) is at 34%. The USA has a deficit of around $1.8 Trillion. So if we brought our tax-to-GDP ratio up to 32% (still below average) then we would have a balanced budget. Then in 5 years a massive amount of our debt then would be paid down (since most of our debt is in 5 or 10 year bonds). Then our interest payments will be lower and we can lower taxes again. Nobody likes higher taxes (believe me). And it doesn't have to be income. Could be a national sales tax of 5% or excise taxes or corporate taxes or some combination. 3) A HUGE amount of the government's spending are Social Security and Medicare. These are just laws. They aren't enshrined in the constitution. Which means they can change. No politician wants to touch them but they may have to at some point. But as baby boomers die (sorry to be morbid) the costs of these entitlements will go down. We can then change some of these laws to lower government expenses Point is...there are lots of ways for the government to manage its debt, expenses, and revenues. This isn't all on the Fed. In fact, the Fed probably won't do much of anything to solve these issues. Expect taxes to go up. So to me the real big financial advice is to invest as much as you can in tax advantaged accounts to save money in the future when taxes do go up.
The issue with raising taxes is that they are already high and people are sick of them. They don't have as much room as you think. If they do try, some people will try harder to find loopholes to decrease their burden, or leave the country and go somewhere tax friendly (Especially rich people, who pay the most tax btw) or just not pay anymore.
60% of world currency reserve is in USD. Why should you divide the s&p 500 with the fed balance sheet ( or the m2)? It makes no sense to me. The m2 is greater than only that what the us economy stands for
You should get your SIE, Series 7 and 66 licenses so you don't get in trouble with SEC for giving securities advice. FINRA and SEC determines whether this is financial advice and if you're getting any type of compensation through TH-cam. Been following you for years, glad to see your interest in financial markets. Keep learning and sharing. More power to you.
or... they stop spending more than they take in and inflation erodes slowly as production grows. Sure balancing the gov't budget causes a ~5% hit to the GDP, but it's a one-time correction and we mive on. In practical terms, just return to 2019 (5 years ago) budget levels.
The Department of Education is administered by the United States secretary of education. It has 4,400 employees - the smallest staff of the Cabinet agencies[5] - and an annual budget of $68 billion.[6] The President's 2023 Budget request is for $88.3 billion . More power to the States
I’d rather stack cash right now than buy things at ATH. In a high yield savings ur money is safe and slowly growing until a better buying opportunity comes… Not saying it will drop any time soon I just think it’s not a good buying opportunity if you didn’t start buying earlier.
Yeah I mean if you want to see a massive wealth transfer what better way than to get everyone positioned for inflation... and then you cause deflation. What a lot of people do not seem to understand is the real money in made during recessions when liquidity is low, fear is high and assets are on a major sale. You don't make money by buying Nvida after its market cap went up by a trillion dollars in a year.. thats when you sell it, not buy it.
No one has 'chosen' anything in regards to XRP. Every partnership announced by Ripple were tiny tests that went nowhere, and were not repeated, or lead anywhere.
Yes I have learned myself on fiat printing of money and inflation. No one else will teach you , yes half way through and a good video, hyperinflation is the only way forward IMO
Thank you so much for this video. Completely humbled by your knowledge and understanding at your age, compared to my more advanced years. I appreciate you sharing this!!!
So, instead of spending all that money to just pay off some mortgages, they just gave it straight to the banks, and the people STILL owed that money. Yeah, that makes sense.
I started learning about money/investing back in 2017. After developing my own theories and strategies, I was able to walk out of covid with a 40x on my account. All the information in this video is very applicable/good information. I quite enjoyed it
@@johnclancy2551 But you can't know which shitcoin will 1000x and which one will go to 0. As for bitcoin and ethereum, I am invested but highly doubt it will even 20x from now on. In my opinion building a tech startup is the fastest way up because you also have a lot of things under your control. But hey I'm still a noob so I might be wrong
This video is just through investing which is money making more money for you. You can still 1000x but you need a business or super high paying job. You just have to work extra hard.
I’m not giving Wall Street any of my money. I’m going to pay my house off early and stack cash after. People do get rich with this type of thing but they also lose everything. I would be the one who loses everything. 10 years from now I’ll own my house I really won’t care at that point any $12 an hour job will pay for everything I would need. Part time. Gambling on Wall Street, ain’t nobody got time for that.
If you have a low rate why pay it off early? Why not buy bonds paying a higher yield than your mortgage rate? And that way you still get to deduct mortgage interest.
@@jonathantaylor6926 I have a savings account with a 4% return and I have a bunch of money in there already. I’m good with that. The obvious answer is if I pay my house off in 10 years I will have saved over $250,000 in interest payments. Even if I put the extra mortgage payment into “investments”it would be no where near the amount that I would save from paying off my house. The bank will never get that money from me. That’s a win in my book. I can still keep working after and easily save $60,000 a year. I can do all the investing I want then. But I won’t. I’ll just buy more property. I will never give up any of my money on stocks or bonds. Even though it does work for some.
@@jonathantaylor6926 bonds are just a tool to allow government to make more debt and making the spiral go deeper. Most of people doesn't realize how much their house really cost after including interest over 20-30 year mortgage. Even with a 3% interest rate the cost just doubles.... I'm agree with investing but it should only be 15% of your cash. I don't believe in gold... In the moment we reach other planets gold will be no longer special.
interesting video but REIT, OIL, crypto go up only in certain phase of the econ cycle. The biggest thing with his model is that its projected gain mostly relies on crypto's past performance.
Why doesn't the fed just reduce the amount of money banks can loan on deposits and treasury notes. Instead of 5x the holdings, reduce it to 3 x the holdings and and reduce cash production by 40%?
So? It's still a nice gesture. I'll let you buy me coffee brother, I live in scottsdale Arizona. My favorite coffee shop is press coffee in the scottsdale quarter.
If you profit from that wealth transfer, you are robbing your neighbour, creating great economic misery for many and calling for a violent response from the multitude of the dispossessed. You will have to answer to God for not having worked out a solution that would not have put your neighbour into misery. Your riches will not save your soul, and death could come anytime.
1 Timothy 5:8 Anyone who does not provide for their relatives, and especially for their own household, has denied the faith and is worse than an unbeliever.
Hearing this leads me to question why inflation happens at all. So please share why does inflation need to happen because money is being printed and circulated in the “real world”? What events cause this to happen? Thank you
The pronted papers has no, inadequate backing real values...unlike if they are gained, produced against real saleable items like gold, other precious items etc ...i think😅😅😅😅😅
They’re tied to the auto market. I’m not sure how much but I know a large percentage is used in catalytic converters for gas and diesel vehicles. They are also used to coat certain things(industrial) for the properties they have and a smaller part in jewelry.. very different than gold and silver. Gold and silver are monetary metals but gold more strictly speaking. Silver has numerous industrial uses, too many to name. If you follow the auto market closely and can predict ups and downs you can make a little money from platinum and palladium. I don’t mess with them other than a small amount because I think it’s cool looking and very rare. I buy gold and silver for my reasons which may be right or wrong 😂 I buy cheap and buy a lot when I do. I see metals as an insurance policy instead of a way to invest. Gold and silver don’t really produce anything other than jewelry which is a luxury and they don’t make money sitting in my safe. They are insurance should the currency crash- they usually increase as they are now. I don’t even look at the dollar value I just look at it as how many ounces I have. I’m just one guy and I’m not an economist by any means. I also don’t go into debt buying metals. It’s a once a year back the truck up and load up if the price is right (cheap) kinda thing. I have many investments and retirement accounts that make money when adjusted for inflation. Sorry the response is so long! Have a good one 😎
Couple of things
1. Ive been learning about this stuff for the last 2-3 years ever since the pandemic but I'm always learning due to the very complicated nature of it. So cut me some slack if I misinterpret something or just correct me in the comments so we can all learn.
2. I feel like it's obvious, but take this as education only, don't invest your hard earned money exactly as is outlined in this video. Everyone has to and should do their own research on every single investment they make. Everyone also has different risk appetites which changes their bag of investments. Please learn something new from this video but don't take it as strict financial advice.
3. If you are interested in learning more from a paid course, I learned most of why I should invest like this from the one in the link in the description from Heresy Financial.
Thanks for watching!
silver?
GOLD IS NOT $3,300 PER OUNCE!
I see it exactly the same way. The big question is, what will the politics do, if people are suffering.
@@danielbettenworth1408 nothing as log as they dont rebell
"This is the greatest wealth transfer in the History of man kind !"
Americans LOVE to use this hyperbolic sentence ! I have never heard the Brits, the Germans, the French, the Russians, the Chinese, the Japanese... use this sentence.
Countries that have a real history don't use this sentence.
I'm a history professor and I can tell you that as soon as I hear someone saying "this the biggest, greatest... in the History of humanity" I can tell for sure that guy simply doesn't know shit about History !... though he pretend to...
It is by far the best disqualifying sentence you can hear. 😅
I'm 64 and have been an investor and followed macro topics for decades. This video is an excellent description of the Feds control efforts, inflation and money creation. Well done!
Thanks! It was a project me and a few other buddies worked on together, one of them used to be an analyst at a hedge fund. We did our best. Appriciate the support.
Banks create more money then the fed … that’s a whole nother video … as long as you’ve been invested you’ve been keeping up & enjoying the ride … only the people who retired during the Nasdaqs 16yr drought got shafted during this entire 98% devaluation in $USD 🖨️
Blindside ,what about conclusions? They promote continued nonsense extrapolated on continued gaming of money markets without considering the consequences of a complete bust in collapse which is evidently already turned since March of 2024 as predicted in 2019 by reasonable economists that were not paid by the Biden Administration or Obama foreign actors and Banks.
Conclusion, wait for the crash and buy metals then some web3 crypto projects and some assets like land, make and sell some food and be independent from governments. Wish everyone luck
Thank you for the TLDR
And buy a Honda CT110 :)
I agree besides the metals.
How do you there's gonna be a crash & not hyperinflation?
I mean....I think crash, hyperinflation are both possible.
It's seems like the mostly likely thing is that the Fed is going to print (QE) continue on massive extraordinary level.
Wouldn't Metals be a better deal to buy / have prior to a crash vs after? Also, easier to procure? What's your opinion on that? Thx.
'The Hidden Truths Of Wealth by Oliver Mercer' is a must read for everyone
Thanks for the tip, Oliver. 🙄
I actually have not read that one yet but I'll definalty check it out, thanks.
@@sebb *Nice video, but technically the trouble started December 23, 1913 with the formation of the Federal Reserve Bank (a bank that never keeps money in reserve and is no more part of the federal govt then Federal Express) then it went from bad to worse when Nixon took the U.S. dollar off the gold standard and a few years later the U.S. dollar became the "PetroDollar", a world reserve currency back by oil and all OPEC Nations (primary oil producing countries). But after the 2000 "DotCom" market crash, Saddam Hussein noticed the U.S. economy was in a bubble and announced he would only accept Euros for Iraqi oil and for the first time the U.S. dollar's status as the world reserve currency was challenged. There was now blood in the water.*
*The U.S. govt promptly orchestrated a war, had Saddam killed and their new puppet govt's first order of business was to accept only U.S.D. for oil again.*
*The B.R.I.C.S. nations began to leverage the U.S. housing market and with the support of Barney Frank and other demoncraps forcing banksters to lower lending requirements so that even the "poor & minorities" could get a home. They enticed the banks with govt insurance and low interest rates guaranteeing those risky loans against default. The banksters now stood to 10x their profits by tapping into a subpar credit market. The bubble was reinflated with the housing market.*
*Finally, now your video picks up there and covers events until today.*
@@sebbI like how open minded you are
Thanks for sharing
My 4 years of my economics class explained in less than 1 hour. Thank you, you have made me to go back to recheck my notes and some research again.
Bro really dropped 2 videos back to back and now hes going to disappear for another 8 months.
fr bro
Stop
😂
Worth it.
😂😭
This guy😂
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
Her name is. 'Lucinda Margaret Crist’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
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. I just scheduled a caII.
Great video! One thing - 08 wasn't primarily low income, low quality borrowers. That was part of it and the only red flag that would've caused trouble. But the main problem was over leveraged investors, which always show up as high quality borrowers. They're what made a problem into a crash.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I also heard news of a guy that made $250k from about $110k since the crash and I would really love to know how to go about this.
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
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.
What he doesn't tell you that in 2008 backing crisis Abu Dhabi stepped in and bought 10% of each bank in the US. That's what kept them solvent. 80% of the wealth in the world is in oil, it's not in cars it's not in tech, it's oil.
Wrong. The real wealth in the world is BANKING.. an oil well is nice... a money printer is nicer. They can literally just create a trillion dollars out of thin air.. can't do that with oil.
That's why Warren Buffet bought aggressively Occidental Petroleum shares.
@@senatedocument2646 actually he is right. that may of saved the system somewhat but notional derivatives tanked the system. Central banking saved things more than anything with printing cash, all their programs including Q.E., cash for clunkers...Central banking is the absolute worst system there is: debt based monetary system. now fractional reserve rarely exist.
Im, Not True.
Yes. Big big bailouts back then. Our government did nothing , never has, never will. Greed, power, sellouts to country. A few corporations, and probably just one, are controlling the crash to gain wealth. When economies crash wealth is gained.
People can clown this video all you want, but he is speaking facts. EVERYONE SHOULD DO THEIR OWN RESEARCH, and invest accordingly
I agree with this video that this all about about a massive wealth transfer.. but I disagree how. I mean if you really want to see a MASSIVE wealth transfer what better way than to get everyone positioned for inflation- and then you cause DEFLATION. If I sell you an asset for a dollar (because you think it's going to inflate) and then I cause deflation now I get to buy that asset back from you for 25 cents.. A big reason why I think this is very possible is because the FED can cause deflation wherever it wants and it could do it very easily by running down their balance sheet and fully stoping treasury purchases. And if they do cause deflation they get to turn the money printer back on eventually and use that money to buy up highly discounted assets.
@@jonathantaylor6926, With the advent of the Federal Reserve inflation has been a constant. While there are economic factors that can organically impact inflation, those tend to resolve over time. Inflation that result from the Federal Reserve monetary system are not resolvable, there is no way to balance debt with what is owed to the Federal Reserve.
The can only create the appearance of lowering inflation, however, there are no tools available to the Fed that can reduce or eliminate inflation.
@@jonathantaylor6926 How can the Fed cause deflation when they have to cover all this debt? The US Goverment had there infinite money glish and made the best out of it but if your avarage joe relises he is being exploited via Inflation then people abandone the currency and rush to gold assets etc. You can create money out of nothing but you cant create acctual real wealth out of nothing.
INVEST WHAT?????? 98 % OF HUMANITY HAS NOTHING!!!!!! AND THE PONZI SCHEME IS TO BREAK THE WALLETS OF THE STRAGLERS!
goes without saying
Now is all clear: when they give to much money for free to people that do not produce it ends badly and banks take advantage on this situation. It’s a game!
You know your shit man!!!!! I’m a macro economist with 30 years of experience and this is gold!!!
Why would you need to watch this then?
@@flibbernodgets7018because their is no end in learning ,don't be shadow minded ,no one knows it all,even the best of learned still learn,a wise person will listen and lean from a fool,why a fool thinks he knows it all,good luck
Jajajjaja yeahhh right....
It’s for the rest of us to see it bc he’s not a production company 🙄
Buy assets now. Allow inflation to inflate the “value” of said asset. Check.
Beat Inflation. Buy Art
For Sale. “Blow Art “. by Hunter Bidenn
$500,000. all sales will be kept confidential
just bought a house i can barely afford... NAILED IT! lol.
What are some other assets besides homes? Bonds don't seem like a good idea. Can't afford to invest in stocks beyond a few dozen bucks every month.
@@littlestbroccolismall plots of land you just have to pay taxes
I cannot express enough how valuable videos like these are. I've been reading lots of books on this subject (lords of easy money, bitcoin standard, too big too fail, lords of finance, changing world order, etc.) and it can still be pretty complicated, so learning the info from someone I've grown up watching makes it much simpler. TH-cam is seriously deprived of informational content because everyone only cares about views and short attention span tricks, so fr thank you.
agreed, I've started reading Broken money by Lyn Alden. There just isn't any good info on youtube anymore. 5 years ago you could search for a topic and get hours of lecture videos, now you barely find any relevant videos. I did found a very good youtuber for long term trading. If you're interested I can tell you, but I don't want to advertise, because I gain nothing from it and it's spam.
Glad you enjoyed it man, happy to be able to share what ive learned these past few years and make it useful for you too. Its a very complicated space and I feel dumb sometimes when I don't understand new info in this space right away so don't feel bad lol.
@@SeppeDeVos-md7jk I'm interested who is it?
What I like about this channel is the variety of videos. Educational, interviews, "How To", projects, & so on.
Thats what im doing for!
My whole financial economics class and economics degree in 40mins !! This was greatful explained .👏👏
Glad you enjoyed it!
Reminder there’s a reason why usury is forbidden. Entire stack of cards based on usury.
Underated comment. I was thinking about this a lot.
Usury laws only apply to citizens.
Bank credit cards are allowed to charge 24%.
But who invented usury
@@pyros4333
There were probably usury laws in the Roman Empire days.
But in the USA there is no Federal law.
Each state sets its own rules on Usury.
DeFi is the answer. If you need a personal loan, and PayDay wants 25% to give you one,
there will be someone, somewhere in the world that will give you a 5% loan of crypto.
A smart contract will protect both parties.
DeFi will remove all the intermediaries. Banks will need to be more competitive.
@@pyros4333 Now your cooking with gas. "Few" know the answer. They are masters of deception.
The French economist Maurice Allais commented that the global economy is beig sustained by pyramids of debt piled upon other pyramids of debt. Since 2008 the fragility of this house of cards has
increased.
And economists only seem to care about that (some of them, at least) when the economy is doing poorly. Not at any time when we might have the chance to fix some things.
Genuinely stoked you dropped this. The note pad is out 📝
Fr fr he did it nice
Jesus is coming back soon! all of this is just preparation for the Antichrist to pop on the scene as the one world leader
Glad you enjoyed it brother.
Money, currency, should flow, not be shored up doing nothing or just making money from money, it produces nothing, other than profits which, unless invested back into the thing it drew them from will eventually strangle its own money supply.
Also, the more money in circulation the more it devalues, things aren’t getting more expensive, your money is worth less.
Incredible video Sebb, hats off to you.
The money printed in 2008 did create inflation,gold doubled in price that’s inflation meaning it now takes twice as much to buy gold .paper money always has been and always will be a i.o.u for gold.
The dollar does not hold its value because it isn't backed by anything. Fiat currency is bad and will not hold its value against other currencies that are backed by an asset.
I’m 50 and smirked as I clicked on this video to watch a kid, but now I’m so impressed! Bottom line, if you’re in a position to invest then you can ride inflation, but make sure you avoid TAXES by using ROTH and other protective means.
The goberment is broke !! Taxes can always be changed 👎
How do you avoid taxes using Roth?
@@TheLettersJaye A Roth is money used that's already been taxed so for now the gains aren't taxable
@@TheLettersJaye what?!? All Roth withdrawal is tax free. All $ put into Roth is taxed. So you gotta do what’s best for you.
@@davidcloyd1296 So if contributions will be taxed higher now, doesn't that make a traditional IRA better until things even out? Or are taxes low right now?
Simplified Formula:
Government = Inflation
Basically, inflation is the stealth tax that makes rich people richer.
More like Private central banks.
@@mikethomas6120 yup. And we aren’t even allowed to know who they are! Reeks of Ponzi Scheme
If the system was run properly the government wouldn’t be in debt it can’t pay back.
*Nice video, but technically the trouble started December 23, 1913 with the formation of the Federal Reserve Bank (a bank that never keeps money in reserve and is no more part of the federal govt then Federal Express) then it went from bad to worse when Nixon took the U.S. dollar off the gold standard and a few years later the U.S. dollar became the "PetroDollar", a world reserve currency back by oil and all OPEC Nations (primary oil producing countries). But after the 2000 "DotCom" market crash, Saddam Hussein noticed the U.S. economy was in a bubble and announced he would only accept Euros for Iraqi oil and for the first time the U.S. dollar's status as the world reserve currency was challenged. There was now blood in the water.*
*The U.S. govt promptly orchestrated a war, had Saddam killed and their new puppet govt's first order of business was to accept only U.S.D. for oil again.*
*The B.R.I.C.S. nations began to leverage the U.S. housing market and with the support of Barney Frank and other demoncraps forcing banksters to lower lending requirements so that even the "poor & minorities" could get a home. They enticed the banksters with govt insurance guaranteeing those risky loans against default. The banksters now stood to 10x their profits by tapping into a subpar credit market. The bubble was reinflated with the housing market.*
*Slowly, quietly, the U.S.D. is being dumped as the world reaerve currency. Especially since Russia invaded Ukraine.*
*Finally, now your video picks up there and covers events until today.*
Buy a small place. Rent out the rooms you're not sleeping in.
Get a side hustle
Now you have 3-4 sources of income.
Pay it down as fast as you can.
When you get your debt to equity at an easily manageable level.
Do it again.
Interest rates are meaningless.
Inflation rates are meaningless.
Take action on real world assets.
That's what I do. Nice to have a cushion and safety net if a job doesn't pan out.
Until the gov increases property tax to 50% LOL
Anyone that says interest rates are meaningless, immediate throw their opinion in the trash lol. Even if you pay cash for everything, interest rates impact the value of money from the top down. Stocks, bonds, housing prices, business growth, savings rates, fuel and food prices etc. the least informed statement in the finance guru world. Very clear you don’t understand the interconnectivity of money and the world. Hell, other countries interest rates impact us. And as this impacts the price of goods, it has an influence on global politics. It’s all intertwined and a giant cog in the machine that’s why the so many people focus on it.
mine pi coin and you do all that stuff lol
You forgot most important one:
Invest in the US Stock Market!
Don’t speculate, though. Only invest in great companies that are the leaders in their respective fields, like Apple, Nvidia, Microsoft, Chipotle, Nucor, Home Depot or Lowe’s, etc.
I'm so tired of hearing people telling me about what they're going to tell me instead of just simply telling me when they do that they're wasting my time and I turn them off
That sweet youtube watch time and ad revenue is why they waste your time
Exactly. 💯
@@AIGeneratedthat’s why everyone’s goin to TikTok - ain’t nobody got time for that lol
I get it but patience is being unknowingly learned on the back end which is invaluable
And stupid background music which makes it harder to listen 🤦
My outlook on money changed when I realized someone making $300,000 can retire broke & someone making $80,000 can retire a multi-millionaire. With the current market movement, you have $60k to invest. Where are you investing it?
I find it more productive and safe to buy growth/blue-chip stocks rather than etfs. It's advisable to work with a fiduciary advisor for well-diversified portfolios instead of relying solely on speculations.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Sophia Irene Powell for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
I am holding a cash position right now, of about 300k. I know a dip is supposed to be the buying opportunity, so whats the best stocks to dive into, in this recession?
The market isn’t a rollercoaster if you know how to navigate it. There are opportunities to profit, even now. If you're not market-savvy, consider buying and holding strong companies with good earnings, or consult advisors about ETFs and actively managed funds.
pls how can I reach this expert, there's bloodbath on my porfolio and I need someone to help me with it
*Marissa Lynn Babula* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
@@Tipping-Point88beware such “expert” scams!
Pretty simple you're losing about 15 to 20% of your buying power a year in cash. You should have 33% physical holdings gold silver art guns ext... I put a another 3rd of it and something safe typically vacant property very little cost to hold and another 33 percent in more volatile investments following world trends right now it's food and energy and military industrial complex.
I have studied economics ,one of the most complete explanations I have seen so far.Great video !
So instead of free market the government decides how to manipulate all the markets. And they continually change the rules so we never know whats coming. Like a 6 year old deciding the rules on a monopoly game. Wtf.
Why else do you tjonk Keynes is so well loved
Cynicism, the wisdom of the half-wit.
Well yeah, that's what centralized banking systems do and why the American Founding Fathers warned us about them. America is on its 3rd centralized banking system by the way, this one began in 1913 and took off like a madman in the 70s.
@@David_Lloyd-JonesOH here we got the weasel bankers son in the chat everybody
Who said anything about rules? The financial sector of the government has “policies” which they aren’t even bound to. They’re really just suggestions.
One of the best summaries I've ever seen. PHD level economics lesson. Good job. I will follow you and watch your videos.
Thanks for your calm and level-headed explanation, great visuals too!
Thank you sooo much. I learned and understood everything you were saying without having to look up words and acronyms. You are a brilliant young man and I look forward to learning more from you. Thank you so very much for sharing. I am on the verge of turning 60 I have no retirement I was not taught anything about money much less finances, much much less like non existent anything about our government finances..... I have been trying to educate myself and you have put what I have cleaned so far into One cohesive course.... ❤❤❤❤❤
FEDS are printing money,
But the exchange rate with other countries like EURO , CAD GBP, always return to the average rate
Does that means that all countries follow US policy of printing money with the same rate?
Even some countries have worse inflation than US
Yes coz everything is pegged to the dollar
@@caniblmolstr452 so, other countries are also printing
Was is the key word, thanks to Comrade Biden, we lost the Petrodollar! We now have 37 Nations against our dollar!@@caniblmolstr452
yeah they are all in on the scam Japan send cars. China manufactures err thang, French send champagne, UK send insurance. German luxury cars, all for printed dollars. As long as everyone needs dollars to buy oil or do business internationally there's always more demand for dollars relative to every other fiat and the fed can keep printing and essentialy prop up the house of cards that is the global economy. The problem is inflation has consequences. Stagflation is worse.
Smart young well-spoken man. Thank You for the well digested information.
31:32 Countries are moving away from the dollar. They're setting up their own systems. (Blockchain/CBDC). The future is distributed ledgers, between different countries there needs to be trustless protocols. (XRP) That's what digital assets provide. That's going to be the new system where countries can interact with each other without worrying about currency manipulation or sanctions, a fair system, a level playing field.
XRP is completely centralized, and thus 100 % trust-based. No countries will invest in a currency that a single business owns 50 % of, AND has control over who can spend (full censorship).
@@sprinkle61you don’t know what you’re talking about lol
Should I use XRP as a stable coin. I use ETH mostly because It goes against BTC but XRP might work also.
The powerful people are going to have a very hard time letting that happen. But yes I agree a level playing field is the goal.
A fair system lol.
This one probably is still believing in the tooth fairy.
This video exposes the whole machine of our financial background perfectly
absolutely amazing video, hope to see more like it in the future!
One of the best videos I have ever seen regarding contemporary state of finance.
This whole video is a summary of everything I've learned in the last 6 months. Very well presented.
Absolutely amazing understanding and insight from a guy this young. I wish I had half his brain power and responsibleness when I was his age. I would definitely have been a multi multi-millionaire.
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money or you could hire a financial expert.
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and I return at least $30k ROI, and this does not include capital gain.
Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.
'Carol Vivian Constable, 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.
Finally!! A explanation I can understand!
Economics isn't my thing haha. Thank you!! Have subscribed
I tired to simplify it as much as possible but yes it's very complicated and there is still so much I have to learn.
Loved the video Sebb, you put a lot of research and information into this video
as long as we have privet central bank controlling our economy, bank will do the same thing again and again and gov will have save them to keep the country stable and people will suffer.
This is a masterpiece. Best summary I've seen!!!
True!
Didnt want to like the video because you're so young.......yet this was fantastic, in depth, unique charts I haven't seen anywhere, and reasonable projection/advice
This was the first video i watched of yours, and you just got a new subscriber! Great stuff!! I love the diversication including gold and crypto.
I like this guy’s delivery
Wouldnt it make sense to be on the right side of the equasion and also amount debt in form of buying real estate and land on credit? I miss the perspective on how inflation could benefit you if you hold debt in form of a real estate loan. Or did he say that and i didnt get it?
Great video man! Could listen on this for hours tbh! Ty!
Just like that, he explained why housing is so high, because of the inflation on assets such as housing.
Yes, at first the massive increase in reserves meant banks now had the means to lend more. The "zero rates" meant borrowing large amounts was affordable. And if house prices went up, with all that money zooming into housing it's a no brainer, the collateral was also there to secure the lending. (Until inflation made its way into the "real" economy which would force the Fed to raise rates. And QE could no longer be sustained and QT would be needed to undo the QE.) That said the Fed's balance sheet it is thought is highly unlikely to go much below $4.5 - $5 trillion. The slowing down of QT seems to point to this.
The best crash course in economics. I had been wary of the US dollars since the Lehman Brothers in 2008. Scary. Once bitten, twice shy.
Man you are my Idol, I promise in the matter of 4 years, I will meet with you and it will be two millionaires meeting.
It will happen bro, just believe in God 🙏
This video is amazing, thank you!
Infinitely more useful information ive ever learned in my shitty useless econ class in college
My concern is if I was running things and I wanted it all what I would do is get everyone positioned for inflation..... and then cause massive deflation. Then I buy back the assets I sold you for a dollar, for 20 cents. And causing deflation couldn't be easier. The FED could do that tomorrow by just not rolling over their maturing bonds.. they can make the 10 year UST hit 6% no problem if thats what they want.
Hey, we need more videos like these....just don't DISAPPEAR 🙏
Bro dropped 2 vids back to back. He's about to go ghost for 8 months
Yeah its going to be a while.. 😂
@@Sechmaditrading 😂😂True
I was hoping to learn something new, but it's good to know I'm on the right path. I have no experience in finance but started getting nervous back in 2008 so i read up on how the rich protected their money during the Civil war and Weimar when their currency collapsed. Solid video
Few comments:
1) People say stocks are inflated but one thing to remember is that by owning a stock you own a tiny piece of the whole business, or future cash flows. You are buying a stock because you believe the value will go up. Stocks are usually priced on a future earnings basis. P/E ratios for S&P 500 right now are actually about at its average for the past 40 years. So yes, prices are high but that's because companies are earning more profit than ever. That's a good thing.
2) The government can pay off its debts from tax increases (which is going to have to happen because...math). The USA, despite what many people think, actually taxes our economy very little. Our Tax Revenue-to-GDP ratio (how much of our economic production do we tax) is only 26%. The average advanced economy (europe, japan, australia, etc) is at 34%. The USA has a deficit of around $1.8 Trillion. So if we brought our tax-to-GDP ratio up to 32% (still below average) then we would have a balanced budget. Then in 5 years a massive amount of our debt then would be paid down (since most of our debt is in 5 or 10 year bonds). Then our interest payments will be lower and we can lower taxes again. Nobody likes higher taxes (believe me). And it doesn't have to be income. Could be a national sales tax of 5% or excise taxes or corporate taxes or some combination.
3) A HUGE amount of the government's spending are Social Security and Medicare. These are just laws. They aren't enshrined in the constitution. Which means they can change. No politician wants to touch them but they may have to at some point. But as baby boomers die (sorry to be morbid) the costs of these entitlements will go down. We can then change some of these laws to lower government expenses
Point is...there are lots of ways for the government to manage its debt, expenses, and revenues. This isn't all on the Fed. In fact, the Fed probably won't do much of anything to solve these issues. Expect taxes to go up. So to me the real big financial advice is to invest as much as you can in tax advantaged accounts to save money in the future when taxes do go up.
The issue with raising taxes is that they are already high and people are sick of them. They don't have as much room as you think.
If they do try, some people will try harder to find loopholes to decrease their burden, or leave the country and go somewhere tax friendly (Especially rich people, who pay the most tax btw) or just not pay anymore.
There r 2 economies 1. Financial economy 2. Consumer economy. QE doent result in consumer inflation if the printed money went into #1
Bro dropped a real gem 💎 Really Appreciate your work!
60% of world currency reserve is in USD. Why should you divide the s&p 500 with the fed balance sheet ( or the m2)? It makes no sense to me. The m2 is greater than only that what the us economy stands for
You should get your SIE, Series 7 and 66 licenses so you don't get in trouble with SEC for giving securities advice. FINRA and SEC determines whether this is financial advice and if you're getting any type of compensation through TH-cam. Been following you for years, glad to see your interest in financial markets. Keep learning and sharing. More power to you.
This is a history lesson not advice.
Bro, this was wonderful. Amazing work man. I love this.
28:40 How to invest for inflation.
The first 28 munutes is what this TH-camr learned over the last three years, with wierd Muzak noise.
Thank you, I was looking for this.
or... they stop spending more than they take in and inflation erodes slowly as production grows. Sure balancing the gov't budget causes a ~5% hit to the GDP, but it's a one-time correction and we mive on. In practical terms, just return to 2019 (5 years ago) budget levels.
The Department of Education is administered by the United States secretary of education. It has 4,400 employees - the smallest staff of the Cabinet agencies[5] - and an annual budget of $68 billion.[6] The President's 2023 Budget request is for $88.3 billion .
More power to the States
I’d rather stack cash right now than buy things at ATH. In a high yield savings ur money is safe and slowly growing until a better buying opportunity comes… Not saying it will drop any time soon I just think it’s not a good buying opportunity if you didn’t start buying earlier.
Yeah I mean if you want to see a massive wealth transfer what better way than to get everyone positioned for inflation... and then you cause deflation. What a lot of people do not seem to understand is the real money in made during recessions when liquidity is low, fear is high and assets are on a major sale. You don't make money by buying Nvida after its market cap went up by a trillion dollars in a year.. thats when you sell it, not buy it.
Unless if the currency deprreciates....😢
@@Realhumanitey bitcoin going to 0 shush
Brilliant! Thanks for this
The backbone of the New Financial System has been chosen: Its XRP and the new ISO-20022 standards compliant coins. XDC, HBAR, XLM, QUANT, CASPER.
No one has 'chosen' anything in regards to XRP. Every partnership announced by Ripple were tiny tests that went nowhere, and were not repeated, or lead anywhere.
@@sprinkle61reeducate yourself!
Hbar, take some alts their ecosystem such as hsuite, sauce and grelf for fun. Watch them spike to the moon by time
Pepe will be the new World Reserve Currency.
Wrong again.
Yes I have learned myself on fiat printing of money and inflation. No one else will teach you , yes half way through and a good video, hyperinflation is the only way forward IMO
What happens when BRICS goes fully in effect and these countries are selling their bonds
this had some sauce bro💪 I liked the history lesson. it really put it in to perspective and all the charts you used. 12/10 video bro.
Thanks!
Thank you very much! Wish you more love, health and money brother!
Good luck to you brother.
Thank you so much for this video. Completely humbled by your knowledge and understanding at your age, compared to my more advanced years. I appreciate you sharing this!!!
Legend video man cheers from New Zealand 🍻
Great video Seb. Im gonna have to watch it again though. Thanks.
DEBT IS THE CREATION OF MONEY
Only way it is created out of thin air, get ready for the 1930’s all over again. All good if no debt and in cash though
Impressive video.. You are right on the money!!!
So, instead of spending all that money to just pay off some mortgages, they just gave it straight to the banks, and the people STILL owed that money. Yeah, that makes sense.
You can thank republicans
@pawlieblog7967 no, we normally dont claim Bush jr. Any more than we would claim Biden if we were democrats.
@@pawlieblog7967 International banking cartel. They are the inventors of this illegal usury. Obama obeyed them.
@@pawlieblog7967The reason we are in a debt bubble is because of Democrats!
I started learning about money/investing back in 2017. After developing my own theories and strategies, I was able to walk out of covid with a 40x on my account.
All the information in this video is very applicable/good information. I quite enjoyed it
Where should a person who knows nothing start?
@@whyjustwhy1602 read everything you can online, join some forums to listen and learn etc
10x my wealth in the next 10 years means that I will have something like 200k in 10 years. I need to at least 1000x my wealth
Crypto
@@johnclancy2551 But you can't know which shitcoin will 1000x and which one will go to 0. As for bitcoin and ethereum, I am invested but highly doubt it will even 20x from now on. In my opinion building a tech startup is the fastest way up because you also have a lot of things under your control. But hey I'm still a noob so I might be wrong
That’s gambling😂
This video is just through investing which is money making more money for you.
You can still 1000x but you need a business or super high paying job. You just have to work extra hard.
Look into junior mining companies. KOD will do 300% in the next 12 months. BRES will do 10x in the next 3 years
ADMA is up 360% for the year. That's more than double what NVDA has done, and it is only at 17.56 with a lot of growth for the future.
I’m not giving Wall Street any of my money. I’m going to pay my house off early and stack cash after. People do get rich with this type of thing but they also lose everything. I would be the one who loses everything. 10 years from now I’ll own my house I really won’t care at that point any $12 an hour job will pay for everything I would need. Part time. Gambling on Wall Street, ain’t nobody got time for that.
If you have a low rate why pay it off early? Why not buy bonds paying a higher yield than your mortgage rate? And that way you still get to deduct mortgage interest.
@@jonathantaylor6926 I have a savings account with a 4% return and I have a bunch of money in there already. I’m good with that. The obvious answer is if I pay my house off in 10 years I will have saved over $250,000 in interest payments. Even if I put the extra mortgage payment into “investments”it would be no where near the amount that I would save from paying off my house. The bank will never get that money from me. That’s a win in my book. I can still keep working after and easily save $60,000 a year. I can do all the investing I want then. But I won’t. I’ll just buy more property. I will never give up any of my money on stocks or bonds. Even though it does work for some.
@@jonathantaylor6926 bonds are just a tool to allow government to make more debt and making the spiral go deeper. Most of people doesn't realize how much their house really cost after including interest over 20-30 year mortgage. Even with a 3% interest rate the cost just doubles.... I'm agree with investing but it should only be 15% of your cash. I don't believe in gold... In the moment we reach other planets gold will be no longer special.
interesting video but REIT, OIL, crypto go up only in certain phase of the econ cycle. The biggest thing with his model is that its projected gain mostly relies on crypto's past performance.
The Interstellar music scrambles your brain so you cant understand the words, you hear them, but zero comprehension. Gotcha!
😂
@@MsMelody lovely channel
@@alexanderlevitch6221 THANK YOU!! Hoping to get some new content going soon.
Since you are sarcastic, what’s your channel that you are helping people with?
Your gettingn old
Why doesn't the fed just reduce the amount of money banks can loan on deposits and treasury notes. Instead of 5x the holdings, reduce it to 3 x the holdings and and reduce cash production by 40%?
How can i buy you a coffe
he doesn't need coffee brother, he can buy a whole coffee shop
So? It's still a nice gesture. I'll let you buy me coffee brother, I live in scottsdale Arizona. My favorite coffee shop is press coffee in the scottsdale quarter.
@@sebb I think he was joking, but yeah it's a nice gesture.
@@sebbI’m in Scottsdale I’ll try it!
@@retrac3147 you'll try yo buy him a coffee? Doesn't seems hard to achieve.
This is what I’m talking about
Way to give back
Love it
What books do you recommend to learn more about this?
Check description.
Great JOB explaining the history of the SCAM
If you profit from that wealth transfer, you are robbing your neighbour, creating great economic misery for many and calling for a violent response from the multitude of the dispossessed. You will have to answer to God for not having worked out a solution that would not have put your neighbour into misery. Your riches will not save your soul, and death could come anytime.
1 Timothy 5:8 Anyone who does not provide for their relatives, and especially for their own household, has denied the faith and is worse than an unbeliever.
The LOVE of Money is the root of all Evil. Not money itself.
blah blah blah. all from the books of fiction, written by men for men
Whom is the government borrowing from? Other countries? Foreign banks?
Hearing this leads me to question why inflation happens at all. So please share why does inflation need to happen because money is being printed and circulated in the “real world”? What events cause this to happen? Thank you
The pronted papers has no, inadequate backing real values...unlike if they are gained, produced against real saleable items like gold, other precious items etc ...i think😅😅😅😅😅
That is not a simple answer, friend.
So who are we paying interest to on our debt?
great video, nice research🔥
❤Any advice for someone older. Does your inflation hedge model work for shorter length of time?
How about palladium or platinum?
They’re tied to the auto market. I’m not sure how much but I know a large percentage is used in catalytic converters for gas and diesel vehicles. They are also used to coat certain things(industrial) for the properties they have and a smaller part in jewelry.. very different than gold and silver. Gold and silver are monetary metals but gold more strictly speaking. Silver has numerous industrial uses, too many to name. If you follow the auto market closely and can predict ups and downs you can make a little money from platinum and palladium. I don’t mess with them other than a small amount because I think it’s cool looking and very rare. I buy gold and silver for my reasons which may be right or wrong 😂 I buy cheap and buy a lot when I do. I see metals as an insurance policy instead of a way to invest. Gold and silver don’t really produce anything other than jewelry which is a luxury and they don’t make money sitting in my safe. They are insurance should the currency crash- they usually increase as they are now. I don’t even look at the dollar value I just look at it as how many ounces I have. I’m just one guy and I’m not an economist by any means. I also don’t go into debt buying metals. It’s a once a year back the truck up and load up if the price is right (cheap) kinda thing. I have many investments and retirement accounts that make money when adjusted for inflation. Sorry the response is so long! Have a good one 😎
Both of them has fallen, as demand is weaker.
I feel like Bitcoin is being marketed as a replacement for Gold.
Do you think this narrative will play out? Or do you think that can coexist?