Fed Chair Powell delivers remarks on the economic outlook at Stanford Business School - 4/3/24
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- เผยแพร่เมื่อ 2 เม.ย. 2024
- Federal Reserve Chairman Jerome Powell delivers keynote remarks on the U.S. economic outlook at Stanford Business School’s inaugural Business, Government, and Society Forum on Wednesday. Courtesy: Stanford Graduate School of Business
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Fed Chair Powell delivers remarks on the economic outlook at Stanford Business School - 4/3/24
First off, the belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?
Although the market is currently volatile, aren't the current valuations a result of the Federal Reserve's monetary policy and low interest rates? Therefore, my recommendation is that you consult a financial advisor who can give you entry and exit points for the shares or ETF that you are interested in.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my portfolio comprising of plummeting stocks that were recommended by certain financial TH-camrs, quite devastating!
not their fault, the stock market seems to be more of a casino for gamblers now than a place for investors. even if you were averaging down on ailing companies, its your duty to properly research, buying the dip does not guarantee a rebound
Such uncertainty is the reason I don't base my conviction on rumors or a ''hearsay'' I have my day-to-day investing decisions being guided by an invt-advisor, seeing that their skillset is built around long and short term, both employing profit-oriented strategies and providing hedge against inevitable downtrends, coupled with exclusive analysis, it's near-impossible to not outperform. I've realized over $600k from $235k capital, since late 2019 just before the pandemic to date.
Awesome.. Please I would love to know or get in touch with your investment advisor. I could really use such expertise in growing my portfolio now that the entire markets is uncertain
Can't tell much, I have my portfolio overseen by NY-based wealth advisor . .‘ monica mary strigle’ . . sh has her basic info noticeable on the internet, so it's only right you research.
monica mary strigle is hot topic among finance elites in New York, California and DC. Browse, you'd find deets.
How could the interviewer not ask a single question about the national debt?
It doesn't matter.
It’s irrelevant. Money = debt. Debt = money. No debt = no money. Every dollar in circulation is owed to someone by someone. The very creation of a dollar is the creation of that dollar owed.
He commented on national debt towards the end of his 60 Minute interview held last month. You can watch it on their channel.
Or money supply related to it!
@@willrose5424 totally wrong. It looms huge.. it’s the number one reason they’ll be forced to cut long before inflation is anywhere near 2%
I really appreciate Jerome Powell.
After experimenting with stocks since late 2021, I've shifted to 100% S&P 500. Still regretting not doing so from the start. Now i am Considering a return to individual stocks in 2024, but uncertain about safely investing close to 300k in the market.
Everyone needs a Margin of Safety in their portfolios and just remember, It's time in the market versus timing the market.
De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I. We've made over 80% capital growth minus dividends.
this is all new to me, where do I find a fiduciary, can you recommend any?
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.
PRINT MORE MONEY, MY BITCOIN NEEDS TO MOON🎉🎉🎉🎉🎉
Fr 😂😂😂
Jerome Powell is extremely incompetent. Thanks
GUIDED THE COUNTRY deeper into DEBT.
One thing I admire about Powell is his ability to communicate but I wish he would admit he was wrong when he said inflation was transitory.
Powell should just say he will
Cut rates to help the economy
Cut rates to help Biden get re-elected and to keep his job
Higher rates, stop inflation now.
What about corporate greedflation? Many giant corporations have seen record profits yet claim they need To charge ridiculous prices because of genuine inflation.
Inflation exists, but realistically you don't want deflation either.
The key is to manage inflation and reign it in. However a lot of corporations are seizing the perception of inflation in the public discourse to jack up prices way more than necessary.
The proof is in the earnings reports.
Hawkish or dovish?
Agreed!
@@Hillary4SupremeRuler This asinine idea that deflation is bad just kills me. While we were on the Gold standard all we had was deflation. Thank goodness we had deflation during the Great Depression- a mitigation factor to the crisis.
@@cat143143 Inflation and deflation are not inherently good or bad. There are potential benefits and drawbacks to both. The only thing we can say with certainty is that too much of either one is bad. It's a balancing act.
Deflation wasn't a "mitigation factor". It made the economic crisis of the Great Depression worse. It might seems a great thing when prices fall very low. What happens when prices fall so low business couldn't make a profit or lose money? Businesses have to lay off workers or cut work hours to stay alive. When many people are unemployed, can't get hired due to hiring freezes, or employers reduce their wages, who has money to buy things and keep a roof over their heads?
Disappointed in the softball questions from Stanford! Arguably the most powerful person in the world (he who controls the US Dollar), and there wasn't one meaningful question. Standards of 'higher education' going down the drain. Shameful.
Powell always gets softballs.
@@JohnReynolds-ni5lv Precisely why this system is in-part doomed to fail. If we cannot hold those who are responsible and accountable for answering tough questions from a global audience, then what merit does this system hold? Answer: Zero.
I was a Tesla fanatic since Elon and friends made an electric car go 300 miles in 2004. Since then thought of Tesla as a car company but after seeing V12 it's a tech company.
The media needs to watch the vids.
Thank you for creating and sharing.
Do not forget "Transitory inflation"
What about corporate greedflation? Many giant corporations have seen record profits yet claim they need To charge ridiculous prices because of genuine inflation.
Inflation exists, but realistically you don't want deflation either.
The key is to manage inflation and reign it in. However a lot of corporations are seizing in the perception of inflation in the public discourse to jack up prices way more than necessary.
The proof is in the earnings reports.
@Hillary4SupremeRuler speak for yourself 🤓 🖕
I dont know if im listening to chatgpt or Powell
People have short memories. The Fed failed to keep price stability which is one of their mandates. Then, they minimized inflation by saying it was transitory when most average people knew it would not be. This follows them changing their own policy to say that they would allow inflation to run higher following periods of lower inflation so one might assume that they were accepting of inflation when it first started. Obviously, it got out of control. Why would anyone trust them now to "fix" this without seriously breaking something? And, for anyone saying they are doing a good job right now has not spoken to people on the bottom. People on the bottom are really hurting right now and we're starting to see proof of that given our homeless rates.
Outlook is uncertain, say it all
“transparent” and “accountability” . Wow, sounds like something Blockchain could help out with.
Can’t believe those words even came out of his mouth 👏🏼
It’s best they hide what’s needed instead of transparency. Chaos can easily show-up with transparency and fed will not have enough chance to fix it.
Are you talking about the FedNow digital dollar?
@@Hillary4SupremeRuler for sure they meant the Chinese blockchain currency, Renminbi, because FedNow is not available yet! None of today's cryptos are efficient or viable as currencies but speculation. 🤣
Fed is indeed incredibly transparent on its monetary policies, they tell you their every move, intention, and decision making mechanism.
Much respect for Mr Powell but… maybe the Fed could do a little more prep work on these public statements. It came off as rambling. Personally I prefer hearing Janet explain things… concise and to the point.
Janet’s PhD in economics probably allows her to explain better
@@rayanthonycharles4528Powell is the first Fed chief with no formal economics background. No doubt he’s smart but I worry he won’t be able to call bullsht if the Fed board members go off into the weeds. I don’t trust them case in point leaving the rate too low for too long, and expecting rapid change upon finally starting to raise rates. That’s not supported by any sane economic models.
it’s amazing how powell never said one useful thing
That’s government
If it is acceptable and considered reality to calculate/manipulate real inflation by excluding energy and food….lets just exclude more things to bring inflation down to 2%.
you have to exclude energy, it is special and controlled by other guys not US
I asked that question 20 years ago, when I learned energy and food is excluded from the number. I can think of reasons why excluding that may give you more representation how food and energy influences cost of goods and housing without volatility of of these two commodities, but I would rather see true inflation to understand appropriate pricing in the market for just about anything.
Energy, food and rents.
@lazyGrayF0x I would rather see true inflation as well. Any conversation that is had about inflation “excluding” anything is pointless at the least, an illusion of the truth at most, neither is helpful in understanding.
The gas and fuel prices excluded and electricity costs, natural gas costs,water costs and actual taxes? Tons of other factors involved in the actual inflation and real wages are not high enough yet.
The pandemic did significantly impact supply, but using cars as an example the supply issues have shored up completely. The main problem now is that automakers don’t want to deflate their prices because they are making record profits. With that the entire market shifted including used cars because their value is correlated to the new car market.
The same applies to housing market with new builds. Supplies shored up and cost of materials skyrocketed, now along with demand drag and external force the market is remaining in crazy values.
The fed along with government need to address targeted problems instead of blanket adjustments of the interest rates. The way we calculate inflation is already highly flawed and doesn’t account at all for cost of property and only uses part of rent increases. So what are doing here rent values, and mortgage values are anywhere up 50% of people’s income and trying to maintain rent at 20% of income is impossible today. I make around 100k a year and there is not a single place that I can find that is less than 1300 a month.
why he says " I think" lot of times, not done the market network enough??
I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Given Janet Yellen and the SSA reports, Social Security WILL be short in approximately 9 years which means that SS recipients will get approx. 23% lower benefits. She also predicted a slow down in the economy which will further negatively impact SS. Eventually, they will have to do something about SS and that will be something along the lines of very high taxes, higher retirement age, and/or lower and lower benefits. Illegal immigration will further impact SS because we are already seeing wage suppression given their increased employment in the private sector. Otherwise, we would still have a very tight labor market which would put upward pressure on wages.
FED dollar is trash. They devalue your hardwork.
No, that's your congress person voting on spending and less taxation.
There is no shortage of labour, there is shortage of CHEAP labour so businesses continue make a fortune and pay less or no taxes. Globalization was not to benefit of people but to benefit big businesses to make a fortune and pay least or no taxes!! These remarks sound very professional and they are same people (accept faces have changed) who recklessly gambled money in derivatives, sub prime mortages that creates collapse in 2007-2008.
Okay Mr. Socialist - tell that to all of our payrolls that have doubled within 1 year.
Indeed, ur opinion but that’s how we describe capitalism so far, keeping passing debts and responsibilities to younger ASAP, tragic turth today, i guess:(
@@Beatthemarkettoday Yet, Socialism has always failed - name me one country where it has succeeded.
meanwhile a small kiwi is $5
EACH!
wtf?
I cannot image that Mr. Powell still has this job. He is just terrible at what he is doing.
He is adept at uttering shameless lies to the public, and he precisely undertakes this mission when coming to the job. How many of these 3 million jobs actually offer a livable wage, clown? Increasing interest rates not only reduces the inflation of products and services, but also screws over the average American's purchasing power and borrowing ability.
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
the fed need to tell the truth and honor what he say where is he getting these numbers? he's looking out for wall streets only.
Unless it's voting time 🤓 🖕
How about asking him some real questions like- "when is the US dollar going to collapse completely".. Give us a timeline so we can go all in on gold and bitcoin..
Go ahead, put all your money in gold and btc ha ha ha
@@Lochamp it was a rhetorical question dummy
Jerome is an exceptional Fed Chair, embodying integrity, data-driven decision-making, methodical approaches, and unwavering commitment to the Fed's dual mandates of price stability and full employment. Can't ask for a better one. Hindsight's always 20/20, and we've got a whole lot of armchair experts in the backseat here! 🚗😄
he is the one who created this mess
@@pilot41186 hindsight's always 20/20; you are an exceptional armchair expert in the backseat! 🚗😄
Transitory
What about corporate greedflation? Many giant corporations have seen record profits yet claim they need To charge ridiculous prices because of genuine inflation.
Inflation exists, but realistically you don't want deflation either.
The key is to manage inflation and reign it in. However a lot of corporations are seizing in the perception of inflation in the public discourse to jack up prices way more than necessary.
The proof is in the earnings reports.
@@Hillary4SupremeRuler the Fed has no control over corporate greedflation! Its two mandates are price stability and maximum employment. They have 3 tools - controlling the interest rates and QE/QT policies.
Lmao. Immigration solved all your problems? Even if that thesis was true, you want to reap the benefits of their labor but you won't give them legal status and are fine with employers' illegal hiring of them? 😂
Time to DISSOLVE ALL BORDERS. Merge all central banks and issue a global digital dollar that you access by scanning your fingerprint at every POS.
One World Order
@Hillary4SupremeRuler hmmm user name checks out
Aside from the racist assumption that all immigration is illegal, right?
@HardcoreGamer101508 oh, sry I forgot, USA can't produce enough STEM graduates to meet their needs so yes, they import these workers from countries who can 😂😂😂
too long. Someone summarize it for me. Do I leverage my house on SPY calls or PUTS?
Please advise.
I guess America has reduced everything important to personal profit and loss measured in paper money.
@@aman101112 get a sense of humor bud.
@@GuoSlice 😀
Best one I’ve heard in a while. I wouldn’t bet my house either way. However, I do see a reason to be bullish until Election Day.
Lmao. It's tempting man but I'm so old school that I just am staying away from all the pumped up markets across the board but the traditional IRA dcaing
Trade your dollars for BTC. Global adoption is currently underway, inflation and manipulation is not an option.
😂😂😂😂😂😂. And to think alot of sheep believe all this, maybe tell the Biden administration to quit spending,
How about we stop or at least acknowlege and attemtp to rein in corporate "Greed-Flation" as one of if not the main driving factor? The pattern just repeats at every opportunity while the working class suffers.
Companies would like nothing more than to lower prices. Prices go up because operating cost goes up. Operating costs go up because raw material prices rise. Raw materials prices rise because more dollars are being brought into the market by the fed. There is no such thing as greedflation. Inflation is an increase of the money supply!!!!! ---FULL STOP
hularious lighting
Please do something about out of control rent it’s hard to see my friends evicted at our apartment complex #realpage
We need corporate reforms on giant investment firms gobbling up SFH and hoarding them
Perma bull Powell. Let that stock market keep ripping my man! Great job.
only one mandate ,happy govt.
Severely incompetent. Not sure which planet Powell is on.
Very reassuring talk by the Fed Chairman. The Fed under Powell is truly transparent, steadfast and responsive, and is a true pillar of strength for the US nation and economy.
Who still believes this guy?
You should read a book once in a while and stop the brain damage social media is causing you.
@Lochamp speak for yourself 🤓 🖕
Thanks to smartphones one can watch such dribble while on bog!
Wow hes really talking about lowering rates this year? Humanity is done for
Powell has done a marvelous job helping the rich democrat
Let this sink in: 9 out of the 10 poorest and least educated states over the past 50+ years have been run by Republicans! How will they fight against China & Russia? Thoughts and prayers?
Two wings of the same dying bird 🤓 🖕
GOLD,PLATINUM AND PALLADIUM REAL ASSETS🌕🌕🌎🌕📈📈💓❤❤❤💓
How deftly Powell avoids talking about out of control debt supported federal spending as a reasons for growth.
What about corporate greedflation? Many giant corporations have seen record profits yet claim they need To charge ridiculous prices because of genuine inflation.
Inflation exists, but realistically you don't want deflation either.
The key is to manage inflation and reign it in. However a lot of corporations are seizing in the perception of inflation in the public discourse to jack up prices way more than necessary.
The proof is in the earnings reports.
@@Hillary4SupremeRuler show me when corporations have not be greedy. Greedflation does not explain inflation. It is out of control federal spending. We are aggressively borrowing from the future. Any interest rate shock can make the US economy vulnerable.
Yep. Like it wasn’t even there.
If we never had the fed to screw things up - we would not need the fed to try and fix things. We are FED up
Hindsight's always 20/20 and you are an exceptional armchair expert in the backseat! 🚗😄
@@TanSpaceX I am not talking about any decisions. I am saying if we did not have the Fed we might have a chance at true capitalism.
@@littlebitmckee8234 what do you mean by "true" capitalism, where does it exist, and why haven't you moved there?🤣
What makes you such a mean person or keyboard warrior. You obviously don’t read… I said “a chance”. You are not someone I enjoy conversing with. I hope you don’t have a wife - who would have to endure your crap 24/7. NPD?
As I always said on minute 21, immigration is the most important part of the economy growth in the USA so there for this illegal immigration issue that we have today had been going on for hundreds of years in the USA, and it’s what’s make this country so powerful, specially illegal immigration. So let’s be grateful that we have illegal coming over.😊
Since Biden took office, there seem to have been more unfavorable results in America. I am really worried about the current bank crisis/interest rates, these are all the signs of yet another 2008 market crash 2.0 , so my question is do I still save in the United States dollar or is this a good time to buy gold?
It’s always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I’d say you’re better off staying away from stocks fr awhile or better still reach out to an adviser for guidance.
True, a lot of folks overlook the role ofasset managers until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $550k so far.
This is exactly how i wish to get my finances coordinated ahead of retirement. Can I get access to your advisor?
SONYA LEE MITCHELL is the manager I use. Just research the name. You'd find necessary details to set up an appointment.
It's good you make your own research. and make sure whoever you work with is licensed n verifiable with a repute, this Sonya looks the part but i'd do my due diligence. I set up a call, thanks.
Last 3 years have been the worst I have ever lived. The outlook is bleek
A lot of mixed remarks and pov here!
Fed and government policies are very slowly draining our long-term prosperity.
Would you listen to a mechanic who never fixes your car .. no. So why would you listen to Powell.
Drop rate now , PK
Is anyone seeing inflation come down??? I haven’t seen a thing drop in price!
Inflation coming done just means prices go up slower than before. You need deflation for prices to drop, which is a complete fantasy at this point.
THIS WHOLE SHOW IS WAS A JOKE.
How much money is created by individuals and groups today that is earmarked for deceitful information?
What pct of the infinitely growing money supply is spent on that?
Both no longer relevant no matter the advertisements.
Thank you for the content!! All we need is the right advice on how to invest in crypto and we will be set for life, making $25,000 weekly profit regardless of the market conditions
Same here, I believe the Bitcoin ETFs approval will be life changing opportunity for us, with my current portfolio of $150,000 made from my investments with my personal investment advisor I totally agree with you
YES!! That's exactly her name (Mrs Brisa Richardson) I watched her interview on CNN news and so many people recommended highly about her she is an expert and I'm just starting with her from Australia 🇦🇺
I am a long term investor, I withdrew my profit of $61,000 during xmas period last year
She is my family's personal broker and also to many other families here in the United States, she is a licensed broker
This sounds so good and I would like to be a party to it, is there any way I can reach her?
can anybody speaks from the heart and not scripted not AI would be much better.
Mission creep such as DE&I as well as Equity Audits of the banks that the Fed mandates???
Pretty Dovish I'd say
Anybody can remember when rates were zero and made rent go up
He's controlled! Blah blah blah.
J Powell turned out to be a good Fed leader
Powell: the arsonist and fire fighter
cut and paste speech
6:04 followed by a cough after saying transparency, cough cough ,, annd sticking to our knitting/knighting @ 6:15
How many dislikes did this prodcast get?
Greattt
How many died, got disabled, early retired because of health issues among those employed in the last 3 years? How is this affected unemployment/employment data?
Us is envy of the world ? 😂😂 us still have homeless people
Well for me I’m favored financially with Bitcoin ETFs approval, Thank you buddy.$18,000 weekly profit regardless of how bad it gets on the economy.
Easy money goes away quickly too
No
Same here, I believe the Bitcoin ETFs approval will be life changing opportunity for us, with my current portfolio made from my investments with my personal financial advisor 1 totally agree with you
I’m a long term investor, I withdrew my profits of over £61,000 during the Covid-19 pandemic.
This sounds so good and I would like to be a party to this, is there any way I can speak with her?
Fantastic guy
Why does he just read the same statement all the time. It's fine, I guess, on fed day, but while addressing this group? Can't the government, or in this case an unelected banking cabal, ever just be real with us?
Terrible
GDP does not happyness index .matters. mortgages as a percent of GDP and density of population are also wrong. It is the land valuation based on colonial valuation needs to be based on utility value based on fsi for collaterals affects guarantees again influence margins which has a bearing on interest rates. As long as you follow British colonial valuation continue all inequality,wealth,powerity will result in rich becoming rich,richer,richest and por becoming poorer,poorest. Fed Mac and fed maa has to give an insured ,bankable mortgage meaning same space, space value,space insurance,same home loan amount,same emi.. monthlyortgsgr and utilities cannot be more than 20 percent of income ,make more disposable income to spend... After carona spacial segregation and shelter is right and one nation 9ne housing policy with 33 year dwelling rights is future if monetary policy and fiscal policy about...writer is co author of Dravidian model of eradicating shelterness universally.
Intinya apa
The process of trading can be difficult when you have limited knowledge.... However, with the right strategy,knowledge and setups, you can be successful. That's the whole point of investing.I got into the market with 10k and I’m up with 68k in a short period of time . I was able to build a business from my returns
How can one start,most times people don't know where to start when it comes to crypto.
But it would be great if you can provide proper guidance on steps to follow please
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week....
Kindly search her on google Elissa Dawn Sharon
Quamvis cogitationes nihil pendant, sub eorum pondere facile collabi possunt.
The us economy is a joke, be realistic guy.
Population increase ? All the commodities are going up now as real inflation is persistent and rising...it is not a "demand thing".
What about corporate greedflation? Many giant corporations have seen record profits yet claim they need To charge ridiculous prices because of genuine inflation.
Inflation exists, but realistically you don't want deflation either.
The key is to manage inflation and reign it in. However a lot of corporations are seizing in the perception of inflation in the public discourse to jack up prices way more than necessary.
The proof is in the earnings reports.
In the 70s they had this problem but they didn’t have the looming 34 trillion in debt so the type monetary policy back then was able to fix it now kaboom
📈📉📈📉📈📉📈📉📈📉📈📉📈
This deserves 10 million dislikes 👎🏽
this guy is fake , and do not care about poor peoples
Unless it's voting time 🤓 🖕
Partisans will say he is lying but by every major objective economic measure, the economy is booming. Biden 2024!
Ga bsa bahasa enggres🗿
Hawkish, btc goes to 57
Bahasa sunda
He kumaha cenah ngomongke naon ,jadi na iye btc kamana,arek nanjak dei ataia ngagolonjong ,,kumaha atuh kumaha
Bitcoin will dump
to 55k soon(((
That's fine, I'll buy the dip again and again and again
In your dream
@@semuadarikamar5732 certainly in my dreams too 😂😂
So what? Who cares
Super interesting esp his take on the illegal immigration's impact on the GDP growth.
Why is crypto crashing again? I'm not buying that anymore.
You’re silly lol the epic bull run is around the corner and you’re crying. Crypto is crashing for a reason. It’s because these institutions and whales want you out. I will never stop buying crypto
Few things don't add up! If companies are finding it difficult to find human resources, why are companies firing so many people across the board?
Probably a stealth switch to cheaper labour doing away with good paid jobs with working rights and moving to victorian type employment with poor wages working conditions and minimum workers rights. They have to compete with China somehow but can't make it to obvious
All of their profits they are taking in in record numbers go towards golden parachutes, executive salaries, and stock buybacks
Even after the feds bail them out they reward their shareholders and don't worry about providing the backbone of their companies (worker bees) with livable wages
The people that are getting fired are generally highly skilled and it’s usually because of a money losing initiative being cut, and they are finding jobs pretty quickly due to the high demand, so even though there are job cuts those aren’t lasting long enough nor accumulating so demand remains above supply
This is hilarious
📈📉📈📉📈📉📈📉📈📉📈📉📈