This one never gets old. I’ve watched it a dozen times at least. “The Fed has been wrong about every major economic development in the past 20 years.” “Is this an episode of the Twilight Zone?” “Is this some kind of nightmare?” TH-cam gold. Should be required viewing for every person on the planet.
@@SmashBrosBrawl Whoever thinks this video is a good explanation of QE and what the Federal Reserve does to stabilize its economy is an idiot. Go take an economics class
@@jamesd.salehi4752 Amen and I laughed my head off. Yip!!! the same applies in 2020 and we are in a very big mess and welcome to the depression of 2020 and my girlfriend son just lost his job. We will have soup lines in the next few years. We are in for a major, major change.
This is one of the all-time great videos on TH-cam....a Hall of Famer. GREAT job on this. I LOVE how you nail "the Goldman Sachs" over and over, and very rightly so.
The Ben Bernank... love it;) I wish the video creator had continued to make more videos that followed along with each Fed induced economic blunder. Could’a had quite the series
It shouldn't be required for anyone. It's humorous, but that's it. I'm guessing not one person involved with the video has even heard of Triffin, much less understands how the Triffin Paradox and the US drastically cutting the deficit under Clinton played a major role in the trade of derivatives. This simplistic horse crap appeals to the uneducated and should not be put in schools as "education"...
Administrator - Crazy, ehh? Time flies, and here we are again, except this time we have “the Jay Powell” doing “the quantitative easing” on steroids and meth at the same time.
if you only knew then what we know now. People were right. Fed lied about not doing QE. People think the economy is screwed because of the virus when in reality , there are things way worse than that.
Finally some useful information put in layman's terms that can actually educate people instead of creating straw man arguments that just want to denounce another party. A breath of fresh air!
““Our difficulties were evident in an animated TH-cam video featuring two creatures of indeterminate species hilariously but wholly inaccurately explaining “the quantitative easing.” The video went viral, and by mid-December it had logged 3.5 million views.” Chpt21
I commend the author for simplicity and clarity. Another great video is WHY WE ARE IN SO MUCH DEBT. It goes to the root cause by explaining how the monetary system enriches and empowers Wall Street by stealing our individual prosperity.
“The William Dudley “ ha let me get this straight the guy in charge of selling the treasuries to the Goldman Sac used to be a partner at the Goldman Sacs?!!
I favorited this back when it was around 500,000 views. Everything is absolutely true in this video. Beware those who try to debunk it with complication. Facts are very easy things to comprehend, they will try to convince you that you are never smart enough to understand the very obvious.
11 years later; seeing the collusion between media, pharma and government, it makes a lot of sense. It's depressing but it's good to better know your enemy as well.
Yeah... I want to feel nostalgia from this 10+ year old video, but that nostalgia is outweighed by the fact that the video's message has held up so well. :/
I have a dear friend from Argentina, a country which basically could not have had more incompetent monetary policy, from the ill-fated dollar peg, hyper-inflation in the 80s. Yet despite it all, the country moves forward. My friend calls it "riding the bike." I don't doubt the kind of damage that could be caused if Ron Paul got his way and ended the FED. But at the same time, the economy is resilient enough to adapt to this highly improbable scenario. Life goes on my friend. C'est la vie.
Putting it into the mouths of two perfectly static cartoon characters and disguising it as a conversation sure made this monologue more entertaining and credible.
It has been 9 years since I saw this youtube. Today it occurred to me that in 2008 "Debt" was generally seen as the villain. In 2020 "Debt" has now been broadly cast as the hero as people around the world seem to have gone beyond patience and into a passion for QE. Had to just see if this TH-cam was still accessible. What we are going to see now will make the past look very moderate.
@@djmars1983 the whole so called recovery was completely artificial and due to central banks creating money. If it was healthy interest rates would have been at normal rates years ago. Worse new problems like too many companies buying back stock will be compounded as they borrowed money to buyback stock.
@@ninjamaster3453 , we can't have normal rates because the debt is too high now. A 5.2% yield on the 10 yr bond would put us in default. 4% is the tipping point. That's why every time yields get over 3% they are knocked down. We'll never see even 3.5%. Ever. Guaranteed. A former Fed guy detailed it all in a very lengthy report. Those aren't my numbers, they're his. I believe his name is Fred Mishken. Might be able to find the report online if interested.
Great presentation of the history of the Fed and its actual role in the U.S. I'll gladly share this in my circle. Only one critique, I agree with Darvinisti that I would prefer human voices, and, although I don't mind animation, I would prefer it to be a little less cute. But the dialogue is fantastic and very engaging, with the characters asking real questions and providing engaging answers. Thank you, and I'll be sure to check out the rest of your series!
agree, good script, execution could be better, but ok; the message is there, now all we need are another 300 million people to actually watch this ... damn, there goes my hope ...
Pablo Malaga LOL, the video is complete bulshit but given the average intellectual capacity of people I’m not surprised so many ‘geniuses’ like it. I hope you don’t trade it coz you would have lost loads of money
+James Exactly. The Fed "pays' for the bonds it buys with a check drawn on a non-existent account/ written on money IT DOESN'T"T HAVE. That's the scary part because that's the EXACT THING which transpires. It's all just 1's and 0's and the banking system is now free to further debase our money and steal our purchasing power. They aren't literally printing money (not technically, but effectively that's the concept b/c it increases the monetary base, but necessarily the money supply---it depends on whether the banks loan out the new reserves or just sit on them and earn Fed-payed interest. Although back when this video was posted I'm not sure if the Fed was paying interest on reserves yet??......I digress...)
I emailed this video to my corporate finance professor who worked on Wall St for 20 yrs when this video was first released and I was still enrolled in business school. He never talked to me again.
its a great clip, but just to be accurate. I love deflation, but in current so-called economic system deflation increases debt:currency ratio, making it harder for population to deal with loan payments (less currency to pay more debt). So this system is constructed to force governments to have inflation. (expansion of money supply - commercial credit is collapsing, thats why they print money at 0% not allow to debt:currency ratio to increase) This system should not be called economy, but legalized theft and slavery system. Under it, governments cannot stop printing money, even if they wanted to, (or they have complete stagnation like japan in 1990-2010) without huge financial reform.
"The Ben Bernank" LOL. This is all so sad but true, how did the Fed get away with this, without any of us idiots realising or doing anything about it???!
Daniel Stewart I don't think he was saying it wasn't going to work; of course printing money will solve any debt. But his argument was whether it is a good idea or not, which is highly debatable. Let's say all student debts are wiped clean without fixing the real problem which is the school pricing itself. Are we then going to do this again in 10 years time? 20 years time? 30 years time? Why do you, or all students in debt now, get to be the lucky ones who have their debt wiped... Jill Stein is promising a magical fix for a problem that's much more complex.
Wiping out the student debt, coupled with making public college free was what Jill was proposing. The "lucky" folks who would not have to worry about being thrown into debtor's prison because of their massive student debt is actually a plus economically and morally. It's not like credit card debt where it's totally avoidable. Many jobs (especially STEM fields) require college degrees and college is ludicrously expensive. I was lucky enough to be born in a family that could afford to send me to college. What Jill was saying was that we jump to bailout the big banks when they screw up the economy but we can't do the same for our own citizens that are just trying to make a better life for themselves.
I didn't assume anything about you, I was just explaining my first comment: pejoratively dismissing a system because it is unintuitive is exactly what this video is doing, and they shouldn't. But I'm glad the issue is resolved. Here on youtube, lack of nuance is often just to save space, not because of short-sightedness.
There needs to be a sequel...we're on round 5, featuring the Janet Yellen, who received $810,000 to Give Speeches at One of the Firms in the GameStop Mess. Who does she have pictures of?
In QE3 they are buying mortgage backed securities. None of this money can hit the market until home prices rise. Why make a video explaining something you don't understand?
5 years later, we are at QE4 now. Most of the MBS they bought back then were toilet paper, underwater mortgages toxic to the banks and Fannie and Freddie holding them, and they bought them for 100%, using pu Certainly not private home ownership rates.
Quantitative easing is creating the worst bubble of all....the currency bubble of the American Dollar. This means our money, when the bubble breaks, will be worth nothing. Cents on the dollar.
The US. dollar is backed by the policy of inflation exportation and petrodollar. US. has free hand to print basically any amount of dollars - at expense of other nations that trade oil in dollar. 87% of all global transactions are made in US. dollar.
All base money (save coins) is "printed" by the government. Remember that every dollar the government creates and spends into the economy is accounted for. So when the government creates and spends $1, the government accounts for that spending as a -$1. The private sector, where the money is spent goes +$1. We refer to this as deficit spending, but that's looking at it only from the government side. From the private sector side, it could be called surplus spending, because when the government goes into deficit, the private sector gains the dollars spent. I'd be happy to explain anything you want to know. Here are a few things that may surprise you.... Taxes and bonds don't pay for government spending. They have a purpose, it's just that paying for spending isn't one of them. Banks don't loan other customers deposits (they create money out of thin air) The US government can never, ever, ever go bankrupt, well, unless it chooses to. Printing money doesn't always cause inflation. Quantitative easing doesn't add a single dollar to the US economy Ask me whatever you want. If you're interested I can help you understand, but I want you to think about what I'm going to tell you like the red pill or the blue pill. I can only show you how things really work, no bullshit conspiracy theories. -Cheers
alueshen Printing of money a.k.a the money issuence right is another way to tax you via inflationary hidden tax. In fact it will transfer wealth from ANY entity that currently possesses that currency to the inflator. Due to fact that overall mass of money becomes diluted with the "fresh money". The real sector of Economy has then to regain the lost value by hard labour and production of goods. In essence it is stealing AND forcing you (Anyone or any entity that possesses the currency) to work harder - and regain the value. That is of course ontop of the regular transparent taxes. Also transferred wealth has no "national boundaries" it has no allocation, and there is no responsibility of its usage. I suggest anyone should boycot the dollar-system while sinking ship is still afloat. But more important is to spread awareness that it is economic colonialism and imperialism that is imposed on you via dollar-system essentially making you work harder or else. It is just a substitution for traditional slavery. You work - while we steal your labour - concept. This modern slavery is absurd, people cannot understand it. Therefore its not going to end enytime soon. In Rome, they would dilute the gold coins with 10% copper then 50% then 80% to steal from population and pay for war effort. USA's scheme is the same.
This one never gets old. I’ve watched it a dozen times at least. “The Fed has been wrong about every major economic development in the past 20 years.”
“Is this an episode of the Twilight Zone?” “Is this some kind of nightmare?” TH-cam gold. Should be required viewing for every person on the planet.
woman detected
there is no "planet" earth is flat
@@dfgghdfgdgsadfsfafdaagadgadgad is this satire or no?
Its true today too.
Fed just announced massive QE. This video is still relevant in 2020
not massive, it's QE INFINITY
Hence my watching it again. Is there a word for rueful nostalgia?
Feds will always announce QE during an economic crisis you idiot, this video will always be relevant anytime something like this happens
@@tian_obia wrong, QE is a modern thing.
@@SmashBrosBrawl Whoever thinks this video is a good explanation of QE and what the Federal Reserve does to stabilize its economy is an idiot. Go take an economics class
Hello to everyone watching this on 3/15/2020.
Time is a flat circle.
Hi!......this video only makes me more libertarian.....lol
Where is the Ben Bernank when one "needs" him?!? LOL
The Ben Bernank! The William Dudley! Those were the good ole days
@@jamesd.salehi4752 Amen and I laughed my head off. Yip!!! the same applies in 2020 and we are in a very big mess and welcome to the depression of 2020 and my girlfriend son just lost his job. We will have soup lines in the next few years. We are in for a major, major change.
*fiat circle
Watching in 2020 as the Fed just announced a $700 billion quantitative easing program
I'm from the future. $700B is child's play son.
@@mineshaftrisotto ohhh man I hate to say it but Biden got elected and now that $700billion is turning into $1.9billion
@@jasonyeszkonis8364 Trillion
Nice!
Update from the future 6/10/2022: CPI% was released today....8.6%!!!
This is one of the all-time great videos on TH-cam....a Hall of Famer. GREAT job on this. I LOVE how you nail "the Goldman Sachs" over and over, and very rightly so.
"The only thing that is deflating that I can see is the Fed's credibility."
HAHAHAHA.
I was expecting other things, but this totally cracks me up.
The Ben Bernank... love it;)
I wish the video creator had continued to make more videos that followed along with each Fed induced economic blunder. Could’a had quite the series
I lost my shit at "the Ben Bernank" lol
me too
*Pokemon_Go Pokecoins* twitter.com/dailyoffers98/status/755360029943947264?v=PTUY16CkS-k?v=PTUY16CkS-k
*Pokemon Go Pokecoins* twitter.com/dailyoffers98/status/755371120212205568?v=PTUY16CkS-k?v=PTUY16CkS-k
Same
"The Ben Bernanke."
"Ron paul" I'm back benny boy.
1,150 people work for the Goldman Sachs.
And the Lehman, and the Ben Bernank.
They got the bail out
Gee, they might have to find more productive jobs.
This is one of the first TH-cam videos I remember watching.
"the only thing deflating, that I can see, is the Fed's credibility." lel
and the value of money...
AND OUR PAYCHECKS.....😠
😂
This should be required viewing for every high school student on Earth.
It shouldn't be required for anyone. It's humorous, but that's it. I'm guessing not one person involved with the video has even heard of Triffin, much less understands how the Triffin Paradox and the US drastically cutting the deficit under Clinton played a major role in the trade of derivatives. This simplistic horse crap appeals to the uneducated and should not be put in schools as "education"...
Get ready for this video to be revived
kevin robson you sir are ahead of the game
It has been resurrected.
@@quentindaniels7460 Doesn't feel like 10 years since I last watched this...
Administrator - Crazy, ehh? Time flies, and here we are again, except this time we have “the Jay Powell” doing “the quantitative easing” on steroids and meth at the same time.
@@quentindaniels7460 this video seems almost quaint now. It's concerning
Watching this in 2019, QE4 from the fed.
Also rewatching in 2019 ,this is a sinking ship
Huh, and in 2020 I was going to say this video didn't age well. 😆
if you only knew then what we know now. People were right. Fed lied about not doing QE. People think the economy is screwed because of the virus when in reality , there are things way worse than that.
Hey QE is back stronger than ever
Watching this in 2020, QE5 (the corona edition) from the fed :-)
the way they're talking is fabulous
higher than a year ago!? lmaoooo
I know I love these
buy bitcoin thank me later
what does that mean
Finally some useful information put in layman's terms that can actually educate people instead of creating straw man arguments that just want to denounce another party. A breath of fresh air!
If only people weren't so easily manipulated. This video is medicine for an ill mind.
I had to watch this again! Its still so relevant in 2021
My economics professor showed my class this video. It was funny and easy to comprehend.
Watching this in 2020, after Corona outbreak, still spot on....
"I want to bang my head against the wall"
"You shouldn't do that"
"Why not"
"The Health Care is too expensive"!!!
Dude 1.5trillion in 2020 again...
Here from the latest Patrick Boyle video (May 2024). Referenced this legendary classic.
Ben Bernanke actually references this cartoon in his memoir lol
Lol really?
Can you quote the extract?
““Our difficulties were evident in an animated TH-cam video featuring two creatures of indeterminate species hilariously but wholly inaccurately explaining “the quantitative easing.” The video went viral, and by mid-December it had logged 3.5 million views.”
Chpt21
I’d be curious to know his reasons why this is inaccurate.
@@mynameisben123 His reasons would be couched in complex bullshit.
I commend the author for simplicity and clarity. Another great video is WHY WE ARE IN SO MUCH DEBT. It goes to the root cause by explaining how the monetary system enriches and empowers Wall Street by stealing our individual prosperity.
This video still relevant in 2023
And 2024
"it means they are going to print a ton of money"
"the 'printing money' is the last refuge of failed economic empires and Banana Republics"
Hello, I am here again after hearing about Ben Bernanke winning the nobel prize in economics. I want to bang my head against a wall.
Don’t do that
I love this video. Referring to all of these institutions and effects as if they were inanimate objects is awesome.
“The William Dudley “ ha let me get this straight the guy in charge of selling the treasuries to the Goldman Sac used to be a partner at the Goldman Sacs?!!
Let's get this William Dudley on the line
The use of the definitive article ‘the’ is especially pleasing
I favorited this back when it was around 500,000 views. Everything is absolutely true in this video. Beware those who try to debunk it with complication. Facts are very easy things to comprehend, they will try to convince you that you are never smart enough to understand the very obvious.
So true! And this is getting so relevant now.
Inflation is because of quantitive easing
So Kanye is right?
I think it is about time for the algorithm to make this popular again.
Holy S*!! This is pure gold!! Funny, informative, didactic, critical, and eye opening! Keep it up! 👏
hilarious, yet the reality is sad
yoo it's been 9 years. How is life and what are you upto? What changed?
yoo it's been 3 months. How is life and what are you upto? What changed?
I'm about to build a 5 foot wingspan RC Airplane.
11 years later; seeing the collusion between media, pharma and government, it makes a lot of sense. It's depressing but it's good to better know your enemy as well.
Capitalism, capitalism never changes.
This is the best video on economics I have ever seen!
The Ben Bernanke has just been awarded the Nobel Prize in Economics
Because that awards is bullshit the gave Obama is peace
2023 checking in. Here we go again!
THEE Goldman Sachs.
The first time I watched it was today, March 26, 2023.
And I was really thinking this video was made 1 or 2 weeks ago.
Been on this ship since around 2011.
It's worse than we can even imagine.
When the west collapses it's going to be Africa tier shit.
Ahh a piece of artwork that will live on in our hearts and minds while we suffer from superflation
Yeah... I want to feel nostalgia from this 10+ year old video, but that nostalgia is outweighed by the fact that the video's message has held up so well. :/
Oh my God this is definitely the best video on TH-cam
I have a dear friend from Argentina, a country which basically could not have had more incompetent monetary policy, from the ill-fated dollar peg, hyper-inflation in the 80s. Yet despite it all, the country moves forward. My friend calls it "riding the bike." I don't doubt the kind of damage that could be caused if Ron Paul got his way and ended the FED. But at the same time, the economy is resilient enough to adapt to this highly improbable scenario. Life goes on my friend. C'est la vie.
Its Dec2024 and this video still rings true.
History isn't supposed to repeat itself this quickly.
Putting it into the mouths of two perfectly static cartoon characters and disguising it as a conversation sure made this monologue more entertaining and credible.
Sure does
Watched this back in 2010 I laughed, Now its 2020 and I'm crying!
"The people at the Goldman Sachs"
Oy v3y
How has this video aged, now 10 years later? Like fine wine, sir. Tips fedora
It has been 9 years since I saw this youtube. Today it occurred to me that in 2008 "Debt" was generally seen as the villain. In 2020 "Debt" has now been broadly cast as the hero as people around the world seem to have gone beyond patience and into a passion for QE. Had to just see if this TH-cam was still accessible. What we are going to see now will make the past look very moderate.
still relevant 9 years later....
Sometimes I go back to this video.
I think about this a lot.
"You must be shitting me."
My exact sentiments. God help us when the next "bubble" hits the fan.
Hi in 2023
Never gets old...just change some names and can fit today's reality easy
This is the best video i have ever seen on youtube.... HILARIOUS!!!
10 years later and this circus is still happening
Never thought it would last this long.
8+ years later and all this did was kick the can.
2019 recession and bubble burst.
Only because under different circumstances this time the FED actually is sabotaging the market.
@@djmars1983 the whole so called recovery was completely artificial and due to central banks creating money. If it was healthy interest rates would have been at normal rates years ago.
Worse new problems like too many companies buying back stock will be compounded as they borrowed money to buyback stock.
@@ninjamaster3453 , we can't have normal rates because the debt is too high now. A 5.2% yield on the 10 yr bond would put us in default. 4% is the tipping point. That's why every time yields get over 3% they are knocked down. We'll never see even 3.5%. Ever. Guaranteed.
A former Fed guy detailed it all in a very lengthy report. Those aren't my numbers, they're his. I believe his name is Fred Mishken. Might be able to find the report online if interested.
Close enough
yes, recessions are inherent to capitalism or ANY market-based economy
Ah, the good old days of the Internet.
And yet this video's message has unfortunately stood the test of time.
when my professor linked this video for our assignment this was not what i expected, but i appreciated it
"No, they buy the treasury bonds from the Goldman Sachs." "You must be shitting me."
Imaging doing exactly the same thing from exactly the same mistakes 12 years ago
The Bernanke just won the Nobel freaking prize in Economics... I re-posted this to my FB page in honor.
Great presentation of the history of the Fed and its actual role in the U.S. I'll gladly share this in my circle. Only one critique, I agree with Darvinisti that I would prefer human voices, and, although I don't mind animation, I would prefer it to be a little less cute. But the dialogue is fantastic and very engaging, with the characters asking real questions and providing engaging answers. Thank you, and I'll be sure to check out the rest of your series!
agree, good script, execution could be better, but ok; the message is there, now all we need are another 300 million people to actually watch this ... damn, there goes my hope ...
2:06 did anyone else hear "Right before the shit hit the fan" lol wtf am I watching
You're watching nonsense, of course...
Only a gov/bankster troll would say that
Pablo Malaga LOL, the video is complete bulshit but given the average intellectual capacity of people I’m not surprised so many ‘geniuses’ like it. I hope you don’t trade it coz you would have lost loads of money
@@mihaililiev5932 you don´t even know what money is
Pablo Malaga Do you think you know?
Every time it said "The Ben Bernanke" I laughed.
We need malekanoms back 😭
Actually, the fed doesn't even bother to print the fiat currency.
I mean, the fiat currency the fed creates is simply an electronic creation. It isn't even paper money.
+Carl Favorito The new "money" is keystrokes on a computer. Something they are probably doing tonight, in fact.
+Carl Favorito 1,000,000,000....I'm a billionaire!
+James Exactly. The Fed "pays' for the bonds it buys with a check drawn on a non-existent account/ written on money IT DOESN'T"T HAVE. That's the scary part because that's the EXACT THING which transpires. It's all just 1's and 0's and the banking system is now free to further debase our money and steal our purchasing power. They aren't literally printing money (not technically, but effectively that's the concept b/c it increases the monetary base, but necessarily the money supply---it depends on whether the banks loan out the new reserves or just sit on them and earn Fed-payed interest. Although back when this video was posted I'm not sure if the Fed was paying interest on reserves yet??......I digress...)
print equals new digital money entries or classic bill printing, both are forms of fiar currency
The conversation is hilarious... lol
"the ben bernank" I'M DYING!!!!
I emailed this video to my corporate finance professor who worked on Wall St for 20 yrs when this video was first released and I was still enrolled in business school.
He never talked to me again.
its a great clip, but just to be accurate. I love deflation, but in current so-called economic system deflation increases debt:currency ratio, making it harder for population to deal with loan payments (less currency to pay more debt). So this system is constructed to force governments to have inflation. (expansion of money supply - commercial credit is collapsing, thats why they print money at 0% not allow to debt:currency ratio to increase) This system should not be called economy, but legalized theft and slavery system. Under it, governments cannot stop printing money, even if they wanted to, (or they have complete stagnation like japan in 1990-2010) without huge financial reform.
"The Bernank" is my favorite part of the vid.
ＴＨＥ ＢＥＮ ＢＥＲＮＡＮＫＥ
Teh benbernank. LOL
oy vey
1:02 - 1:39 - the greatest moment in the TH-cam history
Watching this in Mar. 2020, another QE from the fed.
"The Ben Bernank" LOL. This is all so sad but true, how did the Fed get away with this, without any of us idiots realising or doing anything about it???!
Copy and paste for QE2 and now... ding ding, here we go again.
8 years later and this still applies today
I'm fucking crying doing this international business assignment. Thank you for this gem.
"about a year ago!!!"
beat drops*
year ago, year ago!!
Someone send this to John Oliver, he needs it.
Why does he need it? He didn't say anything about QE that was off base...
Ryan Nugraha Uh, yes he did. He was saying Jill Stein's QE plan to erase student debt wouldn't work. And that's bs.
Daniel Stewart I don't think he was saying it wasn't going to work; of course printing money will solve any debt. But his argument was whether it is a good idea or not, which is highly debatable.
Let's say all student debts are wiped clean without fixing the real problem which is the school pricing itself. Are we then going to do this again in 10 years time? 20 years time? 30 years time? Why do you, or all students in debt now, get to be the lucky ones who have their debt wiped... Jill Stein is promising a magical fix for a problem that's much more complex.
Wiping out the student debt, coupled with making public college free was what Jill was proposing. The "lucky" folks who would not have to worry about being thrown into debtor's prison because of their massive student debt is actually a plus economically and morally. It's not like credit card debt where it's totally avoidable. Many jobs (especially STEM fields) require college degrees and college is ludicrously expensive. I was lucky enough to be born in a family that could afford to send me to college. What Jill was saying was that we jump to bailout the big banks when they screw up the economy but we can't do the same for our own citizens that are just trying to make a better life for themselves.
Тrаdеrs саn’t jumр in аааnd оut оf binаrу оptiоns’ оrdеrs bу imрulsе оr rulеd by еmоtiоns--thеу should build аnd dеsign а trаding рlаan frоm thе grоund uр аааnd rееееsеаrсh еvеrу singlе аssеееt thеу think аbоut invеsting with in оrdеr tо mахimizе рrоfits аnd minimizе lоssеs. Wаtсh hеrе => twitter.com/c979290c7f17babf1/status/742671681655853056 Quаntitаtivееее Еаsing Ехрlаinеd
Always relevant
"The Ben Bernanke" always makes me legit lol everytime
“Biden announces $6 Trillion stimulus package”
3. With a 27% tax on the rich
FED - Failure and Epic Dept
ddmf FMdmfkjdm md kek l
Mzdnvkndkdjfkjg
rkgrkfkelf
“Is this an episode of the twilight zone” sameeee
I didn't assume anything about you, I was just explaining my first comment: pejoratively dismissing a system because it is unintuitive is exactly what this video is doing, and they shouldn't. But I'm glad the issue is resolved. Here on youtube, lack of nuance is often just to save space, not because of short-sightedness.
There needs to be a sequel...we're on round 5, featuring the Janet Yellen, who received $810,000 to Give Speeches at One of the Firms in the GameStop Mess. Who does she have pictures of?
In QE3 they are buying mortgage backed securities. None of this money can hit the market until home prices rise.
Why make a video explaining something you don't understand?
Is that somehow better? And more important: Is that refute the whole argument? No? So it was just a minor mistake.
5 years later, we are at QE4 now. Most of the MBS they bought back then were toilet paper, underwater mortgages toxic to the banks and Fannie and Freddie holding them, and they bought them for 100%, using pu Certainly not private home ownership rates.
what are the gold mans sacks plz someone
Bankster Balls
LoooL
Garikai Chakanetsa I's Goldman sachs
Loool
The gift that keeps on giving. Referring both this video and the Fed 's ability to keep printing more mone...I mean qualitative easing.
Holy fuck 2020 it’s happening again!
12 years later, the Ben Bernanke got the Nobel in economy
Quantitative easing is creating the worst bubble of all....the currency bubble of the American Dollar. This means our money, when the bubble breaks, will be worth nothing. Cents on the dollar.
this is the most beautiful video on the Fed I have ever seen
who's watching this now with this 1.5T bump?
Douglas Kim bruh same it literally got eaten up in hours
This is hilarious. Thanks for posting.
Nothing has changed.
Your youtube video is truly good. Good job and I am looking forwards to discovering some of your new videos as soon as I come back.
who else is watching in 2022?
how is quantitative easing legal? isnt it printing money from nothing?
The US. dollar is backed by the policy of inflation exportation and petrodollar. US. has free hand to print basically any amount of dollars - at expense of other nations that trade oil in dollar. 87% of all global transactions are made in US. dollar.
it is illegal for us plebians, but not for our overlords
+Funkin where does that printed money go to and who decides where it is assigned to?
All base money (save coins) is "printed" by the government. Remember that every dollar the government creates and spends into the economy is accounted for. So when the government creates and spends $1, the government accounts for that spending as a -$1. The private sector, where the money is spent goes +$1.
We refer to this as deficit spending, but that's looking at it only from the government side. From the private sector side, it could be called surplus spending, because when the government goes into deficit, the private sector gains the dollars spent.
I'd be happy to explain anything you want to know. Here are a few things that may surprise you....
Taxes and bonds don't pay for government spending. They have a purpose, it's just that paying for spending isn't one of them.
Banks don't loan other customers deposits (they create money out of thin air)
The US government can never, ever, ever go bankrupt, well, unless it chooses to.
Printing money doesn't always cause inflation.
Quantitative easing doesn't add a single dollar to the US economy
Ask me whatever you want. If you're interested I can help you understand, but I want you to think about what I'm going to tell you like the red pill or the blue pill. I can only show you how things really work, no bullshit conspiracy theories.
-Cheers
alueshen Printing of money a.k.a the money issuence right is another way to tax you via inflationary hidden tax. In fact it will transfer wealth from ANY entity that currently possesses that currency to the inflator. Due to fact that overall mass of money becomes diluted with the "fresh money". The real sector of Economy has then to regain the lost value by hard labour and production of goods. In essence it is stealing AND forcing you (Anyone or any entity that possesses the currency) to work harder - and regain the value. That is of course ontop of the regular transparent taxes. Also transferred wealth has no "national boundaries" it has no allocation, and there is no responsibility of its usage. I suggest anyone should boycot the dollar-system while sinking ship is still afloat. But more important is to spread awareness that it is economic colonialism and imperialism that is imposed on you via dollar-system essentially making you work harder or else. It is just a substitution for traditional slavery. You work - while we steal your labour - concept.
This modern slavery is absurd, people cannot understand it. Therefore its not going to end enytime soon.
In Rome, they would dilute the gold coins with 10% copper then 50% then 80% to steal from population and pay for war effort. USA's scheme is the same.
"....a year ago, ....a year ago, ....a year ago." I wonder, if Shmurda was inspired by this video.
I almost changed it because of the robot voices... but.... it made it better. This was a very funny video. Great job!