Always loved Steve Forbes. Finally, someone with "gravitas" is speaking about the absurdities of the IMF. Thank you, Mr. Forbes, for, well, for being Steve Forbes
5 minutes is not enough time to educate the public on this issue, beyond just a few talking points we might parrot to our representatives. Stay keen my fellow Americans, we are in turbulent times with mighty adversaries. If this is an issue we ought to pursue, I'd like to see sources the public can consume to be better informed and get arguments for and against. For what it's worth, I appreciate at least bringing this to our attention.
@91GT347 You should be able to articulate what our interests are and how these institutions either do or don't further those interests. Perhaps the problem isn't the institutions. Perhaps the problem is unaligned interests. Our security and economic interests are often at odds. Often, people want short-term or narrow-minded economic benefits while sacrificing our security interests. Sometimes, people believe that economic relationships with our adversaries are good for security. Sometimes, it isn't, particularly when we are enemies for ideological reasons.
Begin with well established assets, then gradually explore smaller projects that show promise. Thorough research is essential for those just starting out
Focus on your goals. Angelika Helga Ortiz recommends that beginners use strategies like dollar cost averaging into stable assets while studying market trends
Timing is crucial, and as Angelika Helga suggests, it's often wise to make purchases during market downturns, prioritize acquiring solid assets, and explore options that allow you to generate passive income while your invest
The key to less taxes is …….. less government. Any time you tax the rich they will pass those taxes on to the customers who buy their goods and services. Therefore, you and I pay the tax increase. Do you really not see that ???? Seriously.
We live in a country of capitalism. If you are rich you will write off as much as possible to maintain your wealth as opposed to giving it away. Government and military spending overhaul and downsizing is what we really need. Fraud waste and abuse at its peek
@@shawnvictorharriman5759 We've been reducing military spending for 30 years while our adversaries keep increasing theirs. What could possibly go wrong?
@@shawnvictorharriman5759 I agree and disagree at the same time. We need to reduce military spending, by reducing waste, and overpayment. Definitely reduce government size, but not military size.
Elon Musk is learning to walk the farm on two feet. Sadly, he seems to want to continue the policy of enriching our adversaries for his own financial gain and short term business interests without regard for America's strategic security.
That's absolutely the case, you hear about Russian oligarchs all the time being corrupt we have more corrupt oligarchs in this country than any country. And Steve Forbes is one of them.
Thank you, Steve, when in the wide, wide world of sports will people realize that the only way to keep the US on an even keel is to treat government like a business?
The IMF (international Monetary Fund) should be banned or at least ran out of the U.S. It is a multi-nation organization that is funded, in part, by U.S. tax payer dollars. It is headquartered in Washington D.C. The IMF is not serving American interest and is a detriment to the U.S. maintaining the American dollar as the World’s benchmark currency.
The world is constantly hating on the US now matter how much charity we give. So, we should definitely withdraw our funding from all of these organizations and walk away from them. With the exception of the UN. The US gains far too much from being a veto member of the UN and having the UN building in NY, within easy access reach of the CIA. We should simply reduce our payment to the UN to a bare member to maintain our veto status. We should also deduct the cost of having the UN in NY from our financial commitment to the UN.
I don't know that another form of currency regulation is ultimately the solution to what's happening now, but 99% of what Forbes says here is basic economic theory that everyone should know, at least at a fundamental level. The idea that prosperity creates inflation requires a very narrow definition of inflation. Prosperity creates growth. Growth leads to increased population. And the money supply has to increase to match the GDP increases and growing distribution base. That's not inflation. That's the same basis as the rising price of gold in a gold-standard currency. Currency boards aren't suppliers of currency like the Fed, but they have the ability to manipulate the exchange value of currency in similar fashion. And like any regulatory agency, it only works in practice as long as the members aren't in it for themselves.
IMF role is to achieve stability and solve liquidity crisis and not solvency crisis. Most countries that seeks IMF aid have solvency crisis ie too much debt and not enough repayment capacity. IMF should not lend money to these countries at all in the first place. IMF lent money to south korea is the right case where country had the assets to repay the debt but due to unforeseen circumstances faced liquidity issues. Similarly is Indonesia in 1998, India in 1991, Brazil in 1994,2001. These are right examples. Poor examples include lending money to Africa, Pakistan where they face solvency crisis. So these prescription will not solve the problem. These countries require restructuring which IMF does not need to provide and does not have the expertise either. But these countries want money desperately. So they do prescribe to austerity to get the money. The real solution for these countries is debt waivers or write off, increase exports or reduce imports which these countries are unwilling to do. So is IMF the problem or the countries which are getting money from IMF so as to not reduce its imports?
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Absolutely spot on Steven ………
Always loved Steve Forbes. Finally, someone with "gravitas" is speaking about the absurdities of the IMF. Thank you, Mr. Forbes, for, well, for being Steve Forbes
Finally. Thank you sir
People are compromised and don't know it.
I agree 100%
When Steve posts, I sit up and listen
He's rich for a reason...👂
Immense harm to economies. Immense harm to human beings, to we the people.
Absolutely
Shut them down
True. it should be shutdown so that these countries dont have avenue to borrow and thus reduce their imports
They are all American ideas so why shut them down?
IMF, UN and World Bank.
Not the UN, we gain too much from being a veto member. We simply need to pay only the bare minimum to maintain that status and not one cent more.
Dead on
Truth
NATO
Ditto, ditto, ditto.
They need to be SHUT DOWN!
Steve the big thinker respect
True
Nailed it
YES amen.
FIMP! Shut it down!
Needs to abolish the IMF
We can't "abolish it since it's not a US program. We can remove the US from it, which we should.
Western Central Bank
IMF is killing African countries economy, thanks very much MR Forbes for addressing this issue
5 minutes is not enough time to educate the public on this issue, beyond just a few talking points we might parrot to our representatives. Stay keen my fellow Americans, we are in turbulent times with mighty adversaries. If this is an issue we ought to pursue, I'd like to see sources the public can consume to be better informed and get arguments for and against. For what it's worth, I appreciate at least bringing this to our attention.
There are no arguments for it, that's in our best interest. As with every global/multi-national government organization.
@91GT347
You should be able to articulate what our interests are and how these institutions either do or don't further those interests.
Perhaps the problem isn't the institutions. Perhaps the problem is unaligned interests. Our security and economic interests are often at odds. Often, people want short-term or narrow-minded economic benefits while sacrificing our security interests. Sometimes, people believe that economic relationships with our adversaries are good for security. Sometimes, it isn't, particularly when we are enemies for ideological reasons.
As someone just starting out, I'm looking for guidance on how to make a solid profit. Any advice would be greatly appreciated
Begin with well established assets, then gradually explore smaller projects that show promise. Thorough research is essential for those just starting out
Focus on your goals. Angelika Helga Ortiz recommends that beginners use strategies like dollar cost averaging into stable assets while studying market trends
When I collaborated with Angelika, her initial advice was to understand the market thoroughly before creating a portfolio with dependable assets
Timing is crucial, and as Angelika Helga suggests, it's often wise to make purchases during market downturns, prioritize acquiring solid assets, and explore options that allow you to generate passive income while your invest
how can she be consulted?
Thanks 🙏
Totally agree. Why should we give USA taxpayer money to failed nations?
Yeah I guess we should just keep spending it in our own failed nation huh
You give it to failed states Alabama West Virginia Kentucky Mississippi Missouri Louisiana
@@noddy2583 You forgot California, Oregon and Washington.
@ That is wrong as well. Let them fail and maybe the people will vote in better politicians
listen.. try harder to understand how things actually work before saying stupid things like this.
I love these clips from Steve Forbes
IMF = Democrat economic policies
YOU ARE RIGHT, HOPE ALL THE WORLD LEADERS WILL LEARN FROM THE MISTAKES OF OTHERS AND QUICKLY DO AWAY WITH IMF AND THEIR BAD POLICIES.
Finally, a strategy that makes sense and that will spur growth and stability
The key to less taxes is …….. less government. Any time you tax the rich they will pass those taxes on to the customers who buy their goods and services. Therefore, you and I pay the tax increase. Do you really not see that ???? Seriously.
We live in a country of capitalism. If you are rich you will write off as much as possible to maintain your wealth as opposed to giving it away. Government and military spending overhaul and downsizing is what we really need. Fraud waste and abuse at its peek
@@shawnvictorharriman5759
We've been reducing military spending for 30 years while our adversaries keep increasing theirs. What could possibly go wrong?
What a dumb thing to say.
Get a clue
@@shawnvictorharriman5759 I agree and disagree at the same time. We need to reduce military spending, by reducing waste, and overpayment. Definitely reduce government size, but not military size.
Except for the rich are no longer republican business owners providing goods and services , they’re the non-profit creating democrats.
Argentina owes $42.9 billion to the IMF. Pakistan owes $7 billion. Egypt owes the. $11 billion. Ukraine owes them $9 billion. Ecuador owes them $7 billion.
All I hear is cutting OUR taxes funding foreign nations. 👍
Thank you from Portugal
Which is why MOST of the nations of this world is starving,and deplorably poor!!
Nobody ever mentions our own oligarchs.
Not all oligrachs are robbers or sociopaths like Soros and sons.
Elon Musk is learning to walk the farm on two feet. Sadly, he seems to want to continue the policy of enriching our adversaries for his own financial gain and short term business interests without regard for America's strategic security.
That's absolutely the case, you hear about Russian oligarchs all the time being corrupt we have more corrupt oligarchs in this country than any country. And Steve Forbes is one of them.
Yes Sir.....letsget it 😊done
Been hearing about the bad things they do for decades
The IMF must go 🗣️
The IMF the FED the IRS
MAGA
@gregarmstrong9334 Especially the IRS that shit is a Scam 🗣️
Shut it down
WEF too.
At first I thought we were going to discuss the Impossible Mission Foundation
😂😂😂
Thank you
So it's all about control which is all about corruption. Got it.
As is every global organization. UN, NATO, WHO, ect, ect.
WOW .... IMF needs Steve Forbes as CEO
🙏🏻
Yes as soon as possible
The IMF screwed Ireland
Thank you, Steve, when in the wide, wide world of sports will people realize that the only way to keep the US on an even keel is to treat government like a business?
Trump
REPEAL the federal reserve bank act, outlaw all interest charging. Even the bible says interest and kingships are evil.
International monetary fund is fully corrupt...
Can he "torch"...CON-lawyer acting PM Kier Starmer??? PLEASEEEEEEE...!!! PRETTY PLEASEEEE!!!
That is why it is known as
International Mafia Fund
The IMF (international Monetary Fund) should be banned or at least ran out of the U.S.
It is a multi-nation organization that is funded, in part, by U.S. tax payer dollars. It is headquartered in Washington D.C.
The IMF is not serving American interest and is a detriment to the U.S. maintaining the American dollar as the World’s benchmark currency.
Why only now?
There is some logical point of view in this
And the FED while we are at it too.
AAH!! The clinton administration...THAT sums it ALL up!!
The best money created is Goldbacks
Flat taxes makes all the sense in the world. The IRS could be greatly scaled back.
Do you raise a poor person’s tax rate to 40% or lower a wealthy person’s tax rate to 15%?
The IMF needs to GO !!
Steve you need to join Trump and serve the Country you love and MAGA
All 3 letter agencies need dealt with
From Japan, we really want to leave from the organization, our tax moneys do not go !
"A simple flat tax" should always pay benefits, or at least have that as it's implemented goal, or be altogether removed from being a mandatory tax.
Add the federal reserve to it to, and the world economic form
For the elite
Yes, evaporate the IMF!
Shouldn't use the word" torch "out of empathy to Californians who've lost their homes.
Money laundering 101
Agreed
God Jesus Christ Be Glorified in the Victory....Hallelujah🎉🎉🎉🎉🎉🎉🎉🎉.......Hosanna in the Highest......Hallelujah 🙌 i🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉
WHERES KAMALA NOW HUH ?
Agree
ACCOUNTABILITY
Trump and Conservatives should also work to bring a permanent end to the Federal Reserve.
You leave the Impossible Mission Force alone
The world is constantly hating on the US now matter how much charity we give. So, we should definitely withdraw our funding from all of these organizations and walk away from them. With the exception of the UN. The US gains far too much from being a veto member of the UN and having the UN building in NY, within easy access reach of the CIA. We should simply reduce our payment to the UN to a bare member to maintain our veto status. We should also deduct the cost of having the UN in NY from our financial commitment to the UN.
Yes. Just walk away and allow China and Russia to fill the vacancy. What could possibly go wrong?
How come you do not mention federal reserve 😊
Indeed ... Thank you Mr Forbes, for explaining the importance of eliminating the IMF, which trump has been silent about for past 8yrs.
❤🎉❤🎉❤🎉❤🎉❤🎉804
Sounds like what happens in the book "The New Confessions of an Economic Hitman ".
Trump will do it (he already picked good cabinet members)
The antithesis to IMF is Bitcoin.
Truth
Quacks is right.
Flat tax..really Steve...
Yeah…. Absolutely REALLY, get your wallet out💥🫵🤡
Even though DT and the new administration are sure to begin to clean up fjb horror show, should we still consider cvl wr?
Stay frosty 🥶 💥🫵💯
😂 when a billionaire wants something shut down it because they want in on the scam. 😂
They are not doing to help you (the poor) out.😂
💥🫵🤡
Good luck
❤
Leave NATO
They are still trying to bleed patients. Seen it.
😂RICH PEOPLE PROBLEMS!😂
🤖
I don't know that another form of currency regulation is ultimately the solution to what's happening now, but 99% of what Forbes says here is basic economic theory that everyone should know, at least at a fundamental level. The idea that prosperity creates inflation requires a very narrow definition of inflation. Prosperity creates growth. Growth leads to increased population. And the money supply has to increase to match the GDP increases and growing distribution base. That's not inflation. That's the same basis as the rising price of gold in a gold-standard currency. Currency boards aren't suppliers of currency like the Fed, but they have the ability to manipulate the exchange value of currency in similar fashion. And like any regulatory agency, it only works in practice as long as the members aren't in it for themselves.
Nice info. Ty....shame that youtube played a porn commercial immediately after.
Hopefully you have shared this with Trump?
Who am I to argue, go ahead if he is able. Seems the IMF is a holdover from the past.
🇺🇸/👁️\🇷🇺
IMF role is to achieve stability and solve liquidity crisis and not solvency crisis. Most countries that seeks IMF aid have solvency crisis ie too much debt and not enough repayment capacity. IMF should not lend money to these countries at all in the first place. IMF lent money to south korea is the right case where country had the assets to repay the debt but due to unforeseen circumstances faced liquidity issues. Similarly is Indonesia in 1998, India in 1991, Brazil in 1994,2001. These are right examples. Poor examples include lending money to Africa, Pakistan where they face solvency crisis. So these prescription will not solve the problem. These countries require restructuring which IMF does not need to provide and does not have the expertise either. But these countries want money desperately. So they do prescribe to austerity to get the money. The real solution for these countries is debt waivers or write off, increase exports or reduce imports which these countries are unwilling to do. So is IMF the problem or the countries which are getting money from IMF so as to not reduce its imports?
It's almost as if the Soviets were right Capitalism after all.
It’s not Capitalism. It’s Usury.
My Dad supported the 'Flat Tax'. I'm totally ignorant on the issues of Finance.
I really appreciate your efforts! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). What's the best way to send them to Binance?
👍
So this is the dude that owns the Forbes?
International Mob Financiers