How do governments make money? | CNBC Explains
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- เผยแพร่เมื่อ 14 มี.ค. 2021
- The pandemic is making governments cash poor as they deal with the biggest economic shock since the 1930s. CNBC's Silvia Amaro looks at where governments get their money from and why you could soon be paying more taxes.
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#CNBC #Economy #Tax
"Make Money" is incorrect.
Collect Money is.
Well, technically, governments can "make" money as well
@@JoaoPedro-gc8mw of course, but that's not their "business model".
That is the problem...😂
The richest minority only collecting money and not investing in innovation , new industries to generate wealth..😁
And sovereign government of the world wasting too much money .. taxes money on it's sovereign defence to protect their elites that is milking it's own people in an in sustainable way..😋
I mean unsustainable way...aww man..😅
@Scott Daniel I don't like gold or Cripto currency.. infact I don't like any units that store wealth as digits hoardings..😁 to be frank I hate the idea of hard central currency that can be stored and use as reserve for wealthy nations sovereignty and elites few that holds extreme wealth and abusing it.. I like liquid single currency that is issue by our single reserve bank and carefully planned for by our single governing structure on behalf of our species of humanity social structure..
Not independent sovereign government monopoly..😋
So we basically paying a subscription fee
Or is paying subscription fees paying taxes????????????????
The internet has created more impact in our life, financially, socially and otherwise, for the betterment of our lives.
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@@michealcliff4994 You are right my friend, a lot of people are ignorant to understand that Bitcoin is the future, in fact, i think is one of the best thing that has ever happened to our generation.
Bitcoin is rising like wide fire 🔥
Trading has not been going well with me, I have invested a lot of time and failed, I trade on my own but each time i keep losing money.
*No 1: Don't Only Hope On Government's Responds On security Matter's And Economy growth,*
*No 2: As An Individual You Should Be Safeguarded And Also Look For Different Self Business And Trade Not Only Waiting on Betterment of Stock market activities,*
*No 3: Most Important Always Save The Little You Can And Think Of What To Do With It When It Become Good For Capital,*
*Because Government Have Failed Us In Aspect Of Security, Economics Activities And Other Trading Systems.*
After a successful investment you have nothing to worry about whether the rise and fall of economy or anything won't affect you make your future brighter by making good investment
@@juankeith9355 Exactly that's true if you have a good investor you have nothing to Worry about
Currently the rich stay rich by spending like the poor and investing while the poor stay poor by spending like the rich yet not investing like the rich
Wise words that's just the fact and also what is happening day by day
I'm just so Lucky to have Dr Benjamin as my investor he really understand all methods of Bitcion
It requires money to make money. this is the best secret I have ever discovered we don't make money, we EARn and MULTIPLY money
Please I really need to get this, how do i reach Mr Michael
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Trading without a professional like expert Micheal Smith is like gambling with your money
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Success is dependent on the action or steps you take to achieve it. Show me a man who doesn't have an investment and I will tell you how soon he'll go broke. Investment is building a safe haven for the future: with the right choice of investment that has at least 1% minimum risk and with an Expert guidance, profit and interest should be 💯 guaranteed.
I agree with you 💯... I had a senior colleague at work who was doing well but never had an investment. Unfortunately he lost his job and went from living a comfortable life to hardship. There would had been something to fall back on if he had an investment
So I agree with you 💯
@@julianamatthew4355 This makes so much sense, just like he said, for someone to invest, the person should be consider an appropriate choice of investment with limited risk level. I encourage anyone to do same with the help of an expert.
Speaking of investing, forex trading is the best business in the world right now with the ever raising amount of bitcoin. I know a couple of friends who makes a lot of money weekly trading the financial market
For anyone building for posterity I think crypto is the next gold but the problem is scammers are everywhere.
The long term are doing well while the short term trade requires precision in its execution but gosh, they do amazing when you're on the right side
Trading is very profitable with the of a seasoned broker managing your trading account
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Tax and death the only two sure things in this world 😂
Lol
John green
and China denying Tiananmen Massacre
@@youcantalwaysgetwhatyouwan6687 not just China even I deny that
@@dioc8699
I know but you're not China
Answer: Milking citizens !
CNBC International
true but in India , there is no tax for the poor. Is that the case in your country too or does everyone have to pay tax ?
@@futurephilanthropistneil4813 whatever you buy anywhere in the world be it goods or services is taxed(price includes all) , unless you grow your own food.
You are a classic case of illiterate person.
@@ManOfSteel1 I am talking about "income" tax here
@@futurephilanthropistneil4813 yeah, 18% central GST and 18% state GST on products which poor will also buy...
Fine, roll out the tax, let's just get out of this mess sooner, rather than later.
Printer goes Brrrrrrr....😂😂
Scamming if we are being honest
lol so true. Overcharging and underdelivering
@@craigman7262 so fucking true
Nice video!! Very engaging from beginning to end. Nevertheless, businesses and investment are the easiest way to make money irrespective of which party makes it to the oval Office.
Stock are good but crypto is more profitable
@Badem Reid1111
I wanted to trade crypto but got confused with the fluctuations of price
He's obviously the best .I invested 2000USSD with him and in 7days I made profits of 9100USSD
How do I contact Mr Frank Jeffrey?
Trading crypto now will be very wise but trading without a professional is not
how government make money?
taking it from the citizens
@bou path because they are cronies propped by govt via greedy politicians.
limited the govt's power, then the People will have more power and economical freedom to be 'rich'
instead of govt printing money and diluting the purchasing powers of the people.
Comment section
Group A: angry about more taxes
Group B: making advertisement for crypto currency for their own purpose.
Please remember that even the CEO of JP Morgan said that Bitcoin is a BIG SCAM!
EDIT: But the same CEO said that the technology behind Bitcoin is interesting and valid.
C:People who compare Group A and and Group B
Group D - Trying to aware people about federal Reserve And America's biggest banks like Chase Manhattan। Bank of America and a few others...…....
@@shlomojoesteingoldbidenber5059 group E: who watches all these comments
Q:How do governments make money?
A: by taxing citizens
SIMPLE!
I have always been wondering this.
Fundamental role in our Criminal justice system
Happy tax season! May the odds be in your favor!
Knowledge of basic to advance....great work cnbc....thanks...
Tax your cost, tax your sales, tax your profit, tax your dividends, penalize your accounting faults, tax your consumption, tax after you die. Does this really need a video?
Just sucking taxes will not promise growth. What the government does with that money matters the most.
They get money through extortion
I mean taxation
most countries Governments are Doing Nothing about the Economy.
Oh yeah you gotta to be smart and and invest with the little you have, forget about Economy..
I think you are right, the Government are after there own personal interest...
I have been making a lot through forex trading which has been the main source of my income.
that has been my long time vision
@@beatricedaniels6938 can you please help me to trade forex?.
They dont. They just take it
I think debt ceiling should be implemented and put it in the constitution so they don't keep raising it. It's the generations of our children that's gonna pay the most of our overspending. Governments needs to be more innovative in generating income and not just endlessly borrow to support spending.
"stolen from you"
So the best business in the world is owning a government 🤔
In ANSWER to your last question you posed. Rather than the tired old debate, should we tax a bit more or cut services a bit or do what we always do, a bit of both. We should and we CAN do the previously unthinkable - TAX THE OFFSHORE! About 25% of the worlds wealth is hoarded in Off Shore Tax Havens ~20 Trillion US dollars! The G20 should nut up and Start taxing that. Unfortunately the G20 is 'owned' by about ~ 100 families, so we shouldn't expect the puppet politicians to turn on their masters just yet. I personally am a multi millionaire have about $6 million dollars net wealth, live in a penthouse with sea views which is plenty, I don't have offshore funds. However I am a speck of dust compared to those before mentioned 'families'. Elon Musk, I would opine is practically the only straight shooter out there. Ideally we should have a 100 of him/her in the world. He is hooked on Progress NOT power and colossal wealth for power for colossal power and wealth's sake, which are pretty vacuous values if u don't use it for PROGRESS for your fellow man.
Governments: we print money.
Selling weapons, make wars, colonising other country's assets, corruptions, charging tarrifs on other countries, make another wars, make more taxes, borrow & lending, more wars more taxes, sell more weapons, more corruptions, print more money etc. Etc.
"..by injecting billions of dollars across the board"
US: HODL MY BEER
I'm being to forced to learn economics just to compete with other players in a custom world Discord roleplay
Investing in crupto now is really cool, especially with the current rise in the market for now
You're right ma'am
But don't know why people still remain poor out of ignorance
Most people don't invest due to ignorance
People are scared of investing because of the high rate of scam in the business.
Hello I'm new to for ex and I have been making huge loses but recently i see a lot of people earning from it, please can someone please tell me what is going wrong
Mrs Sharon Gifford is legit and her methods works like magic I keep on earning every single week with her new strategy
Where do y’all find these reporters 🥴
What does the money printer say?
This is an easy one , they print it , simple .
Am I the only one who thinks the reporter ‘a voice sounds like Tricia Takanawa from Family Guy?
Governments should only have a VAT to fund everything
That would be ideal but probably not feasible they simply would not get enough to cover every expenditure and balance the budget, but i am all for it. Would be a fair way of taxing, people that have money to spend on unnecessary luxury or products would finance the governments. Its like the Saudi Arabia does it a sensible people and government to be fair.
How only this would be enough.. also it's all about corruption
Money printer goes brrrrrrrrrr
In india government increased the taxes on everything. 😪
Simply put, stealing your time and freedom
Nice video.
Taxes should be like kickstarter where you can choose where you want your taxes to go.. that way, you can vote what's important, and naturally things feel aren't worth it would have a low budget while important things will have high budget
Thamks lady
In many countries, rising taxes and borrowing money from central bank/federal reserve. In some countries, from the revenues and profit of their many big and small states enterprises. From the revenues of land and natural resources that owned by government.
Am I only the one who played at 1.25x
If you want to take down an gov, DON'T PAY TAXES !
Can't escape the taxman
Investing in cryptocurrency now is really cool, especially with current rise in the market for now.
Yes you're right ma'am
But I don't know why people still remain poor out of ignorance.Most people don't invest due to ignorance.
People are scared because of high rate of scam in the business.
Hello am new to crypto and have been making huge loss but recently I see a lot of people earning from it.
Please can someone tell me what is going wrong?.
Cryptocurrency could be an effective online currency exchange, however, buyers buy up bitcoin with the intent of investing much as the would with stock.. While bitcoin could potentially payoff, the best way to approach this investment is with caution. small investment and small step will cover more ground.
Easy....by theft. How else would they get it?
Everyone knows about taxes could have talked about public companies
Very true, Saudi Arabia, Norway and other oil rich nations scooping up huge profits from the oil revenues by owning the privately run oil company’s/ Nationalized oil company in practice even if there run like private for profit companies. They scoop up most of the extracted wealth and if private companies explore and extract on there own they license out the oil and reep in 75-80% of the profits, at least for Norways part. So no way anyone private company is able to reep the money for its own benefit and its shareholders in Norwegian territory, but there happy with that agreement because they still make huge profits even if its much less than otherwise.
Very helpful
Yeah do you trade forex?
ขอบคุณและดีใจ
Government loses money daily. National debt 28 trillion dollars. The deficit will remain at 1 trillion plus every year bc of the entitlement spending and the interest payment on the 28 trillion.
You forgot printing money
Investment is good when you invest in the right thing and at the right time, Bitcoin is cheaper now and so this is the right time to invest while you still trade on stocks❤️
I have always believed in the Stock market and other Economics activities but Is really unfair that 2020 trading and the stock market is just tricky and unbelievable which is too bad now I rather invest my money only on bitcoin and gain more profit in return.
Yes sure Bitcoin trade is great unlike the stock market and another financial market, Bitcoin has no centralized location since it operates 24hour's in different parts of the world.
Exactly that's true if you have a good investor you have nothing to worry about.
Currently the rich stay rich by spending like the poor and investing while the poor stay poor by spending like the rich yet not investing like the rich.
Wise words that's just the fact and also what is happening day by day.
If this woman can get a job in a English speaking tv channel, you can do whatever you want
This is counter productive.
If they spend more and increase taxes, we might end up with a net 0 effect.
What we should do is put money aside in the good years and don't hesitate to spend on the bad years.
Government PRINTS money first... spends it and inflates the currency... common man gets fucked... TAXES GO UP on the common man because the government PRINTED money.
The moral of the story, the common person PAYS FOR IT ALL.
Jacob was a great professional leader and he explain the whole entire investment process to me. Jacob helped me through everything I needed at the time. I would recommend him to some friends and business owners of mine. Jacob is a great employee and he deserves a lot with the bitcoinsamurai investment company. Thank you jacob for your help and I look to do more with you guys in the future
how government make money
the answert is tax and donations from other countries
It's a subscription plan for safe international borders, internal police security charges to keep you safe and public infrastructure projects and in some countries social services
Lol. They waste our money. It's a great move by the government to privatize the banks
How they govs use their money?
Beautiful people you looking good
More taxes are fine if we keep getting stimulus checks 😁
You will pay your stimulus with more taxes. Dearly.
I am in favor of a flat tax principle or only tax on consumption. This because poor people spend less and thus should be less taxed.
Great job, Silvia! Very positive and easy to listen presentation!
You can choose for one of the above gifts
Printing money n taxes
Taxes
By stealing from their people.
With Excel.
Very interesting and illustrative, thanks! The voice a little bit too nasal, tho!
This video is so misleading.
Monetary sovereign nations don’t need taxes for funding purposes.
They create new money every time they spend.
Taxes are just a drain to create space so the govt can spend into without creating inflation.
@@isawaturtle I know, but creating new money without a good production to back that up creates inflation, or rather hyperinflation. So... Half truth.
Printing money without control is what socialist always do - and they always end up destroying the economy and the people, each and every time. It seems to be OK, tho, as many seem to adore it anyway. Weird.
@@Octovisuals Thats is a load of garbage.
There is no inflation or hyperinflation unless you’re a country that is being bent over by the US.
“Printing money” is such an outdated term that refers to fixed exchange systems of which Australia and the US arent.
But hey you’re are saying that the US and Aus are socialist ????
You did well at destroying your credibility in the one post.
1) When the non govt sector net saves then the govt automatically becomes the net spender - that’s accounting fact.
2) The wealthy that own govt demand lower taxes, so more stocks of money is being saved which ruins the monetary system but you would complain that taxing is a socialist thing whilst also blaming currency creation is also socialist (how laughable)
3) Most production has been sent offshore, more money is used for financial speculation.
Will you be blaming socialists for that or capitalists ?
The masses are taught myths.that just don’t stack up.
@@isawaturtle Man, you're so ignorant...
Look at Argentina, Venezuela and many other countries. It's happening all the time, sadly.
“Printing” is just a common term to mean “creating” new money... Come on, don't be a prick.
The US is a mixed economy, as all the rest of the countries. The balance between capitalism and socialism is crucial. And sadly even the US is tending to increase the socialism, and socialism *ALWAYS* destroys wealth and creates confrontation, conlict, poverty, suffering, death. I could explain a little bit of critical history to you, but... I'm not wasting anymore of my precious time with you.
*JUST STUDY MORE.*
Investing in crypto is the only big chance of making money
For real crypto is profitable
Absolutely i was thinking on investing in Ethereum and Bitcoin
I wanted to trade Crypto but got confused by the fluctuations in price
@@erikasuarez8290 That won't bother you if you work with a professional like Expert Thompson Bruce
I heard that he strategies are really good
Simple: Ask Fed to print money, hope everyone's seen Money heist.
How do governments make money? Simple Answer "Corruption"
Banana republics: yes
There's definitely much more ways than just Taxes
like what ?
@@yosarouto government owned companies
@@iwrotethis4712 most government companies are not for profit, atleast this is the case in India
@@futurephilanthropistneil4813 For profit private companies with the Government owning the shares, is a tool I believe government’s have for income. One of the most successful is the Saudi Arabia Aramco Oil or Norways Equinor Oil. Both owned by the state but run for profits that end up in the treasury of there governments.
Wealth tax
Long live the blockchain
Taxes?
Am I listening to Gru's female cousin?
Max was here
Fake money
Taxing the poor and selling weed, how else?
Trillions *
#BanAnimalSlaughter
#PestilenceSeason
Tax religion
Thumbs Down! You took 7 minutes to say "taxes". There are other ways the governments make money such as printing and selling bonds...
When the government tax people money, its fine. But when I do it, I'm all the sudden a criminal asshole.
What nonsense !!!
The govt creates money when it spends.
Taxes are a drain.
Once a dollar is taxed then it no longer exists.
Learn how a fiat currency system works.
This video gets a F
Daylight robbery!
Get Ready For Hyper Inflation
Lol this is so inaccurate but expected from msm company. Your tax pays for very little 'services' it is mostly spent on the interest for the 'national debt' that is created by government when they issue a bond to the bond market. The 'big 5' banks buy them and add them to their assets in the account at the Bank of England. The government then has to pay the interest on the 'money' that is created from the IOU (bond) as its a promise to pay. The tax revenue collected services the interest. You tax payers are on on the hook. Low growth in the uk economy is down to the lack of smaller banks being put out of business. As in Germany, these smaller banks are in abundance and lend to the smaller companies thus a stronger economy. In uk, the larger banks only lend to the big corporations that mop up everything. You need hidden champions in your economy to allow growth to allow Research and development to be implemented. Silly'politicians'. Keep your nose out of the real economy.
They print it. Duh!!
By doing nothing really
Such a silly story. They do not make money. So sick of media misinterpretations. Spin
Malaysia govt money out of citizen. Everything tax morning to nighf. Everything is tax
stealing from people
6:51 it's a good chance we ll be paying more to the gov!??