I always laugh when I see kids who probably don’t pay debt, don’t own a home, and haven’t really paid taxes, just laugh about how much deep shit we are in!!!
So you laugh at someone laughing? That's a weird reaction. I'd be sad and worried because they spread this nonsense to others like a virus and they will vote.
@@lights473 you think these kids will care about what we say right now? They will understand when they get older and have nothing. I can’t control it any better than you can. I just sit back and watch the movie!!!
When he laughed at Milton Friedman he lost all credibility. This is why I don't hire kids right out of college. I regard them as a high maintenance hire.
This is a rapidly increasing trend. Especially in smaller more nimble companies. This type of thing is why there is so much turnover in the fortune 500. Anyone who still requires a generic degree is not only behind, but likely limiting their pool to include the worst candidates.
whenever it's actually worse to be "college educated" than just hiring someone out of highschool and teaching the ropes... lmao what a joke but that's the reality now.
@@FallenSlayer13 It may be a good thing. We might defund the education department and let colleges compete for enrollment instead of subsidizing them. As it stands they don't feel they need to compete.
Yeah my grand father owned his own maintenance shop and would not hire any college kid past a two year degree. Once a 4 year degree or higher they would not listen.
I don’t think I would want to hire anyone under 35. My husband does concrete and they can’t keep anyone to work even with great pay. the only guy that does a good job that they hired is almost 50. He seas taught work ethic unlike these 20 year olds. The job is extremely hard on the body too and even at his age he can out do the young ones.
"Learn to be humble or else watch in horror as life does it for you." a co-worker said this to me 25 years ago. I was 19 years old back then and after all these years, it is accurate what he said 100% of the time
I own a music store. In 1989 a Zildjian 22" Ride cymbal would sell for about $129.00. In 2020 that cymbal sold for about $229.00. Today that cymbal sells for $329.00. So it took 31 years to increase in price a $100 dollars and increase by another $100 in the last 3 1/2 years. That's inflation.
So what you're saying is, a cymbal that used to sell for $130 is still being bought, but at over twice the price? That seems to give me a conclusion that may be different from what others are thinking.
@@Magneticitist Once the cymbal doubled from the 2020 price of $230 to today's price of $330 they stopped selling. Oak drumsticks that sold in 2020 for $12 a pr are now $21 a pr. The inflation is killing the business. Maybe, I should have said price. Selling it is 2 different things. The moral of the story it. When the gas shot up over $4 a gallon younger buyers stopped buying and then the prices started to increase.
He was actually incredibly respectful regardless of how wrong he was on some of the issues he brought up. Not sure if you watched the same video everyone else did lol
With very serious faces talking nonsense. You can not get inflation down as the root of the thing is - limited resources, and some resources happen to be limited e.g. Landmass; you just can't get cheap housing in Hong Kong or South Korea; you just can not have ever increasing population and give everything to everyone - except the new slavery AKA "own nothing and be happy"...
Obviously this kid is not up on any history, more indoctrinated than educated, and prob thinks that being arrogant, smug and interrupting the real teacher here Mr. Kirk is more than adequate in compensating for a total lack of Introspection and WISDOM.
A college kid Laughing and Being smug who has never held down a job ,paid any taxes or payed a Mortgage etc and Most likely still Lives at his Parents House Thinking that they are experts on the economy and the World just shows you how screwed up they are!
This guy is the perfect example of the freshman who just got thru his first Econ 101 class and thinks he knows it all. I would love to see how he plans to "fix" the economy.
I don't know how Charlie keeps his cool... Definitely one of the top conservative personalities out there for sure... Keeping your cool with these little arrogant bastards is definitely a talent as well.
He's right. All corporations, private companies, national gov't, local gov't have debt and always will have. Almost no debt is ever repaid in modern society. Find one that doesn't and let me know.
@@WooShin-s2b Government debt gets partially repaid through bonds and notes to offset amounts to ensure that the accumulated debt does not surpass the debt ceiling, and the organizations Governments are indebted to are perfectly fine with this, because in the long run they receive more from the government than if the debt was all repaid. It's no different from standard individual debt. Banks want us to not be able to repay debt on schedule or defer amounts, because the amount owed increases through monthly interest or in the case of national debt, annual interest. The only way to spite this is to make purchases debt free and privately. This is a core reason why a cashless society is an anti-consumer society.
The company who puts the product on the shelf is taxed, then before you buy the products its taxed again. Then your paycheck which was taxed was also taxed before the business or customer paid you the money. They pay the tax on your money so you can pay another tax on your own money. We are taxed multiple times for the same product People ask.. Why is gas, cost of living so high? Or why can't I afford a house? Why do two people need to work when back then it only took 1? And they think its minimal wages, some pointless war, climate change, some CEO/Corporation not paying more taxes or a virus. No.. Its our bloated government bleeding us to death with taxes. You know whats even worse? The taxes we pay are just for show. The government does not need to tax us.. They print money. The printing of money is the true tax we are paying. A child born in the USA is already over six figures in debt and they cant speak a single word.
@@bobshanery5152my only question is why are we not doing anything about this? Remember what happened over taxes on tea? That's the only cure to this and we'll never do it. They know this and so do we. It's pathetic when you really think about it. We bitch and complain and then go to a different video.
there's a solution....unite the entire country together and have everyone stop payng income taxes......it's one thing to talk about it, it's another to do something about it..... it defintiely should happen.....I have no problem paying my state income tax...i know what my state of montana is doing with that money.....The fed is more of an organized crime network and we have no idea what they are doing nor do they listen to us anymore.
@@jelly7310the tea on tax. The stamp tax act. Then disarmament. That latter part was the actual last straw for the war of independence. It had been building for years.
He at least did understand inflation as a monetary policy concept and not greedy corporations raising prices. The fact that he laughed about Milton Friedman is ironic given Friedman’s position as a monetarist.
"Greedy Corporations" I dare say, it was the uninformed population that gave it to them. When your currency is backed by nothing, it will tend to do this
Why doesn't he go to conservative campuses? The top 1% in IQ, 1400 SAT min, 3.75 GPA HS ~$130K/yr, first job ever. Most State colleges are paid (state funding) based on graduations, They lower standards to get paid. They don't have mandatory flunking. When I went to university, At the end of sophomore year, 25% are sent letters of denial to the junior class.
Why is that? Because his ideals don’t align with yours? Yes he’s interrupting a bit and seems eager to have this debate other than that he hasn’t been too much or in need of violence to occur which I stand against. Everyone has the right to voice their opinions in debates and the world .
Sometimes I wish kids like this could go on a field trip type of day with someone who actually runs a company or something like that, and allow them to spit some knowledge about life. This kid doesn’t get it
@@drewcrank6929he won’t “get it” until he enters the real world and fails. Unfortunately he will then see his own failure as caused by capitalism and vote for socialists.
Defund Congress in any 3 month term when there is deficit growth and prohibit congressional raises in any 3 month term when there is debt growth. Apply the same rules including jail time to Congress for insider trading as are applied to private sector businesses and individuals. I'm also inclined to apply the same rules to congrefspersons profiting from their books and speeches as are applied to criminals profiting from their crimes, but that's probably going overboard.
Thank you for bringing up the fact that NO bank C.E.O.s went to prison after 2008. my home was one of the many stolen. That is not something a poor person can recover from.
Someone stole your house? More like you purchased a house with money you didn't have hoping the house price would increase and you would make money. Instead the house price went down and you didn't want to continue repaying your borrowed money. You walked away, no one stole anything.
@@quintinnunn1392 English isn't my first language so please correct me if I'm wrong but I think his statement was correct. Inflation is going down, as the original commenter said, from 5% to 3%. That is a decrease in inflation. If the prices would be going down it would be deflation. So to say that inflation is going down is a correct statement.
@@mark7s980 yeah it absolutely can be misleading but I don't think there is a better way of expressing it. I also had more of a problem with the other person who said the kid doesn't know what the words mean, when the kid didn't even say anything wrong.
When he said Federal Reserve, I was dang that's based. Then he talked more and I'm like, on second thought. Charlie also won't mention the Federal Reserve is illegal and it was never our choice to implement it.
This was one of my favorite conversations. You two actually conversed without just speaking over each other the whole time. Seek to understand not to prove your point and some good can come of it.
Everyone listening just got smarter for hearing it. I wish all conversations about politics between citizens could be this enlightened. Congrats to them both!!
Bought my house for $228,000 in 1987. Got divorced in 1999 and had to refi to give her half. (She never worked but gets half of everything. Fine) Next refi was 2001 to lower interest. It's not paid off because a home equity loan is at the same interest. Last appraisal, $1.7 mil. Go figure.(Daughter says sell it. California is too dangerous now)
Congrats on being a millionaire man! Sorry you got screwed by our Justice system though. Personally I'd wait until interest rates went down to at least 3% (right now since I'm getting quoted at 7% with a fucking 760 credit score that might not be any time soon). Once they went down though, I'd hire someone to do a full soul-less modern style remodel, sell move to texas and get a nice house with alot of land for like 750k-950k, liquidate the rest, then invest in vanguard + S&P stock brokerage + divide 200k into Nvidia and maybe another tech stock, but I'm a 21 year old college student still living with my parents so what do I know lol
@@jayavionharris Brother, Trump could make it better again but Harris will make it worse. Her comments have leaned Socialist. Anywhere other than California is a win. Oh boy am I shopping but not on the super Red states. I enjoy a mix and interesting debates.
@@jayavionharris I'm not not worried at 62 I've retired 3xs with either full pension or golden handshake. Money in Isle of Man and Camen. I only get taxed $10,000 or more to bring it back
When I was young, I didn’t understand the importance of states rights… 50 elections for a law vs national laws. Now that I’m an adult… I’m so glad when I was young I didn’t have a voice. The point is, 99.999999% of people think and say asinine stuff in their 20s. I sure did.
This is why the voting age should be 25-30 years of age. Your brain doesnt even finish developing until your 25. The last 5-7 years of brain development is where the prefrontal cortex is developed and matured, it controlls how we process moment-to-moment input from our surroundings, compare that input to past experiences, and then react to them ad so much more. "Stress signalling pathways that impair prefrontal cortex structure and function" Nat Rev Neurosci - Author The prefrontal cortex (PFC) intelligently regulates our thoughts, actions and emotions through extensive connections with other brain regions (BOX 1). It creates a “mental sketch pad” (to use a phrase coined by Alan Baddeley) through networks of neurons that can maintain information in the absence of environmental stimulation1. Neuroscientists such as Patricia Goldman-Rakic referred to this process as working memory: the ability to keep in mind an event that has just occurred, or bring to mind information from long-term storage, and use this representational knowledge to regulate behaviour, thought and emotion2. The PFC is able to protect these fragile representations from the interference of external or internal distractions, and is key for inhibiting inappropriate actions and promoting task-relevant operations (so-called ‘top-down’ regulation)3-6. PFC operations allow the flexible regulation of behaviour to enable us to properly respond to a changing environment - for example, the ability to shift attentional set to new dimensions and to alter decision making as reward contingencies shift7,8. The PFC also monitors errors, giving us the insight that we are incorrect and need to shift strategies9. All of these abilities depend on proper PFC neuronal network connections, which are highly sensitive to their neurochemical environment. This is why these kids are so easily manipulated and pressured into believing the craziest things without question and follow along like sheep to the slaughter house.
idk, because i feel like we should abandon the caveman logic of currency being tied to "worthless" rocks that only have value because theyre shiny, it should be tied to fuel or energy, something "practical"
@nuhrii3449 you do realiz3 precious metals like gold and platinum are commonly used for highly complex electrons and a few other things that the "worthless rocks" as you say are used in as well. They are a precious commodity. We did the petro scam dollar thing and how did thar work out for us in the long run.
because they wanted it much higher by now, they wanted everything to be much worse than it is by now, division, crime, poverty, immigration, everything. And they expected Trump to be gone on J13.
I'd actually gives props to this kid for having reasoning to back his arguments and conceding to Charlie's. 95% of kids who challenge Charlie or copy + pasting their arguments from some media source.
Watching these makes me sure they don't have debate teams on colleges anymore. When I was in college (early 80s) we learned to debate, not only what we believed, but learned to argue against what we believe. Was a great exercise.
I went to the University of Colorado Boulder 20 years ago. Lived in Boulder for 20 years. With no hesitation I can say that, even as liberal as a place like Boulder and CU are, were students nearly this smug and indoctrinated as this. It is so true that the irony of the so-called "information age" is that it has given rise and validity to the uniformed opinion.
Misinformed. Edward Bernays was the master. Worked for the government and corporations. Same as politicians these days. Was the father of consumerism and created the term public relations/marketing
The current state of the economy? THE PITS. Just 65 years ago, the annual budget for the USA was less than $100 billion, Inflation was low and most sole breadwinners could afford housing. Today, we are adding to the debt by $1 TRILLION every 105 days and that's with an approved budget more than 50X that 1959 spending plan. Government is irresponsible.
I don't care what economics degree a person has, until they've managed a family or even bought groceries for a family of 3 or more, I refuse to listen to them. Like grandpa used to say, this kid is still wet behind the ears.
You wouldn’t listen to them then anyways 😂 you would listen to trump lying to you and cry communism when the govt wants to stop price gauging to help you raising your family 😂
@@sneakytacos773 nope, I listen to my bottom. It tells me everything I need to know about who's policies benefits me and my family the best. Unlike you, if Joe Biden' s policies were better than Trump's and my bottom line was better under him , I would vote for Joe. You hate Trump because Joy and Whoopie told you to and that's all that matters to you. You probably fit in the category of never managing bills and not having a clue what a bottom line is.
@@jelly7310 Joe isn’t running for office. Have you been living under a rock? Do you know why your bottom line didn’t improve? Because of inflation outside of a president’s control. Do you know who Jerome Powell is? I bet not. Did you know Trump’s taxes didn’t benefit your bottom line if you make less than $114k? Did you know trump tax benefitted the top 1% 3x as much as the bottom 60%? Did you know trump’s tariffs will only raise inflation? Did you know trump promising to cut taxes and lower inflation at the same time is quite literally impossible?
sneakytacos773. It's not price gouging that's the issue. Otherwise that would reflect only on certain products not everything. Better to look at cause and effect of demand. For example tell me why china, Japan, south korea, had considerably less Inflation the last 5 years.. hint: they didn't deal with mass immigration like some European countries. Or north American.
I love watching Milton Friedman on TH-cam addressing the same ill informed arguments (a little knowledge is a dangerous thing) from the same kind of college kids back in the 70’s with so much grace, patience, class, intellect, charisma, humor and FACTS. He didn’t belittle them or talk down to them. He schooled them properly. A lot like what Mr Kirk is doing right here. I’m learning a lot too. Thank you, Mr Kirk.
Honestly refreshing to see a student ask real questions regarding policy and not let their anti trump emotions go out of control. Good conversation Charlie!
Yeah I don't know what all of these people in comments are saying about him being insufferable. Kid was respectful, didn't let Charlie walk all over him, agreed with some things and disagreed with others without being a jerk. One of the best conversations I've seen on the channel. Most of the time the college students don't know anything.
I will give this young man credit. He came informed he stated his believe and he did it with respect. He has a bright future ahead as long as he keeps a opened mind
Charlie: "....debt crisis, the likes [of which] we have never seen." Wow, you got that right! Before now, the only time in American history that the national debt to GDP ratio has been over 100% was in 1945 when it was 105% due to the existential necessity of accumulated deficit spending during the war years. Today it is approaching 125%! The crisis Charlie referred to is looming. In the post-war years, we fairly quickly paid down the national debt through national economic growth. Partially, the post-war economic boom was the result of the fact that our international economic competitors, Japan, Germany, Britain, and Europe had their industrial infrastructure wrecked in the war. If you wanted cars, TVs or refrigerators, there was only one option, American-made. Today is vastly different. The majority of consumer goods are now manufactured in China due to low wage rates there. We're spending more now on interest payments on the national debt than on national defense. Entitlement programs like Social Security and Medicare will go broke in less than a decade. Members of Congress, with the exception of Senator Rand Paul, who hold the purse strings, lack the political courage to confront the looming crisis. So, Washington fiddles, while the fire is starting to burn. Congress knows that there are only four ways to tackle the debt crisis, raise taxes dramatically, cut overspending on Federal programs, renege on Federal Treasury debt instruments like bonds and notes, or print money and inflate our way out of it with increaingly more wortless dollars. All four mean political suicide for Congress and the President. Raising taxes will shut down national economic growth and create a seriously deep recession, reducing tax revenues, and making the crisis worse. Cutting spending is political death. Reneging on the debt would trigger a worldwide fiscal and economic crisis, possibly a global depression. Inflating by printing wortless dollars will destroy our currency and cause another domestic Great Depression. There's no easy way out. The time for paying the piper is coming.
No down payment isn't really a selling point. Yes, you can qualify for a house easier, but you're still on the hook for what would have been a down payment. Its just financed now, which is a way worse deal.
If it wasn't for our ranch/farm we couldn't help others in our area who are suffering for food. Our food pantry at the church was robbed. I used to raise hogs and am considering doing it again for sausage and bacon. Not worried about the grain we can grow our own, but I have never seen it so bad right now. Seniors and low-income people do not stand a chance. If things don't change we are all headed to the poor house.
Ooh my goodness what a smarty pants. Where does he think he knows show much when he hasn’t paid for a house or managed money for a family. It’s just flat sickening how they go to college and think they’re smarter than others. Charlie I love how you put them in their place. Good Job 🙏🏻❤️
I don't think people understand that when you say 2022 inflation was at 9% and now its only 2.9%, so therefore its amazing right now is absolutely wrong. Inflation compounds. That means that over the Biden term inflation if probably closer to an average of 20%.
@@philipwyman3325 oh god… you do know trump appointed him first, right? And you do know the president can’t control Powell’s decisions once he’s appointed, the fact you tried to blame Biden AGAIN is embarrassing. I wasn’t even trying to blame trump. I was merely pointing out that Powell is the blame for inflation, not Biden nor Trump. Childish man.
ya... I bought my house in 2011 and have been pleasantly surprised that it's been going up in price... but have to remind myself.. EVERYTHING is going up in price.
The fact that a student with an economics major laughed at Milton Friedman should tell you how indoctrinated he is
And even though he's an economics major I bet he still believes that communism is superior to capitialism.
why?
They don't teach milton friedman in economics courses(except in rare cases). I only heard of him due to a based policies professor.
@@PoolKid75 Brother most economists PHDs nowadays are malthuzian....one of the most debunked economics theory in history of man....
Yep. Milton Friedman is hated in today's US universities.
That kid is insufferably smug.
His vast experience gives him street cred. 😂
That aside he seemed quite knowledgeable. It's rare to see people who lean conservative publicly challenge each other like this. Healthy for growth
As opposed to Charlie Kirk who is presumably not smug? He has a sign that says “prove me wrong” behind them and does this all day everyday lol
Smug is a very tame way of describing it. But yes you're correct.
@@Yerdone92
I suppose but its his show. I find it more confidence then being smug.
I always laugh when I see kids who probably don’t pay debt, don’t own a home, and haven’t really paid taxes, just laugh about how much deep shit we are in!!!
So you laugh at someone laughing? That's a weird reaction. I'd be sad and worried because they spread this nonsense to others like a virus and they will vote.
Especially when they are having their loans being paid by daddy or us!
@@lights473 why stress about what we cannot control, so we laugh
@@lights473 you think these kids will care about what we say right now? They will understand when they get older and have nothing. I can’t control it any better than you can. I just sit back and watch the movie!!!
And this kid is definitely one you gotta laugh at 😂
When he laughed at Milton Friedman he lost all credibility. This is why I don't hire kids right out of college. I regard them as a high maintenance hire.
This is a rapidly increasing trend. Especially in smaller more nimble companies. This type of thing is why there is so much turnover in the fortune 500. Anyone who still requires a generic degree is not only behind, but likely limiting their pool to include the worst candidates.
whenever it's actually worse to be "college educated" than just hiring someone out of highschool and teaching the ropes... lmao what a joke but that's the reality now.
@@FallenSlayer13 It may be a good thing. We might defund the education department and let colleges compete for enrollment instead of subsidizing them. As it stands they don't feel they need to compete.
Yeah my grand father owned his own maintenance shop and would not hire any college kid past a two year degree. Once a 4 year degree or higher they would not listen.
I don’t think I would want to hire anyone under 35. My husband does concrete and they can’t keep anyone to work even with great pay. the only guy that does a good job that they hired is almost 50. He seas taught work ethic unlike these 20 year olds. The job is extremely hard on the body too and even at his age he can out do the young ones.
"Learn to be humble or else watch in horror as life does it for you."
a co-worker said this to me 25 years ago. I was 19 years old back then and after all these years, it is accurate what he said 100% of the time
I own a music store. In 1989 a Zildjian 22" Ride cymbal would sell for about $129.00. In 2020 that cymbal sold for about $229.00. Today that cymbal sells for $329.00. So it took 31 years to increase in price a $100 dollars and increase by another $100 in the last 3 1/2 years. That's inflation.
So what you're saying is, a cymbal that used to sell for $130 is still being bought, but at over twice the price? That seems to give me a conclusion that may be different from what others are thinking.
Damn, man. That’s insane. And, insanely depressing.
@@Magneticitist Once the cymbal doubled from the 2020 price of $230 to today's price of $330 they stopped selling. Oak drumsticks that sold in 2020 for $12 a pr are now $21 a pr. The inflation is killing the business. Maybe, I should have said price. Selling it is 2 different things. The moral of the story it. When the gas shot up over $4 a gallon younger buyers stopped buying and then the prices started to increase.
In 1989 ride cymbals sounded like butthole and were basically just thick metal slabs
Holy shit 130 in 1989?
That better cure cancer
The kid doesn’t let Charlie speak! And yes there’s a big difference borrowing 800 billion and 3 trillion!
Yes. 300%
Kids like this are not there to exchange intelligent ideas , they are there to try and impress all the other kids standing around them !!!!!!!!!!!!
He was actually incredibly respectful regardless of how wrong he was on some of the issues he brought up. Not sure if you watched the same video everyone else did lol
and BRICS are not a paper tiger ... in Oct the meeting more countries will sign on to the gold backed currency ...maybe up to 70...SMH
@@Lakota238 He’s extremely smug and soy
The art of being EDUCATED and STUPID at the same time.
"stupid smart"
With very serious faces talking nonsense. You can not get inflation down as the root of the thing is - limited resources, and some resources happen to be limited e.g. Landmass; you just can't get cheap housing in Hong Kong or South Korea; you just can not have ever increasing population and give everything to everyone - except the new slavery AKA "own nothing and be happy"...
Obviously this kid is not up on any history, more indoctrinated than educated, and prob thinks that being arrogant, smug and interrupting the real teacher here Mr. Kirk is more than adequate in compensating for a total lack of Introspection and WISDOM.
Dunning-kruger effect
Educated to be stupid is more like it for him and most of these "students of indoctrination to the destruction of this country".
A college kid Laughing and Being smug who has never held down a job ,paid any taxes or payed a Mortgage etc and Most likely still Lives at his Parents House Thinking that they are experts on the economy and the World just shows you how screwed up they are!
Also has not had job to support groceries . He went eating at mom's to eating in cafeteria for college students free buffet. Lol
Sounds like Karl Marx’s life story.
This guy is the perfect example of the freshman who just got thru his first Econ 101 class and thinks he knows it all. I would love to see how he plans to "fix" the economy.
Amen thought the same. 🙄
think good will hunting, bar scene
Yeah. I took a econ class "Economics for the Citizen". He didn't say anything new.... Which means he took that basic class like me. And nothing else.
And what do you know? Less than him.
@@sneakytacos773 OOH an ad Hominem attack filled with emotional malice.
I don't know how Charlie keeps his cool... Definitely one of the top conservative personalities out there for sure... Keeping your cool with these little arrogant bastards is definitely a talent as well.
your comment makes you seem arrogant. are you a bastard? can you back up your arguments?
“Arrogant bastards” made it so much funnier to read 😂
"Arrogant bastards" - can't describe better than that...
When that kid meets reality, it’s gonna sting like a b****.
And the people that wanted to help them will not be around or care anymore
That kid thinks he knows everything and no debts will have to be paid? 😂😳😂😳
He's right. All corporations, private companies, national gov't, local gov't have debt and always will have. Almost no debt is ever repaid in modern society. Find one that doesn't and let me know.
@@WooShin-s2bMakes you wonder why people are arrested for Ponzi schemes when the govt operates on borrowing from Bill to pay Bob...
He's an indoctrinated Keynesian...
@@WooShin-s2b😂 my company is private and no debit
@@WooShin-s2b Government debt gets partially repaid through bonds and notes to offset amounts to ensure that the accumulated debt does not surpass the debt ceiling, and the organizations Governments are indebted to are perfectly fine with this, because in the long run they receive more from the government than if the debt was all repaid.
It's no different from standard individual debt. Banks want us to not be able to repay debt on schedule or defer amounts, because the amount owed increases through monthly interest or in the case of national debt, annual interest.
The only way to spite this is to make purchases debt free and privately. This is a core reason why a cashless society is an anti-consumer society.
Charlie you have great patience ❤
Paycheck? Taxed. Groceries? Taxed. Gas? Taxed. Death? TAXED.
The company who puts the product on the shelf is taxed, then before you buy the products its taxed again.
Then your paycheck which was taxed was also taxed before the business or customer paid you the money. They pay the tax on your money so you can pay another tax on your own money. We are taxed multiple times for the same product
People ask.. Why is gas, cost of living so high? Or why can't I afford a house? Why do two people need to work when back then it only took 1?
And they think its minimal wages, some pointless war, climate change, some CEO/Corporation not paying more taxes or a virus.
No.. Its our bloated government bleeding us to death with taxes.
You know whats even worse? The taxes we pay are just for show. The government does not need to tax us.. They print money. The printing of money is the true tax we are paying. A child born in the USA is already over six figures in debt and they cant speak a single word.
We are all homeless once the checks bounce or are lost.
@@bobshanery5152my only question is why are we not doing anything about this? Remember what happened over taxes on tea? That's the only cure to this and we'll never do it. They know this and so do we. It's pathetic when you really think about it. We bitch and complain and then go to a different video.
there's a solution....unite the entire country together and have everyone stop payng income taxes......it's one thing to talk about it, it's another to do something about it..... it defintiely should happen.....I have no problem paying my state income tax...i know what my state of montana is doing with that money.....The fed is more of an organized crime network and we have no idea what they are doing nor do they listen to us anymore.
@@jelly7310the tea on tax. The stamp tax act. Then disarmament. That latter part was the actual last straw for the war of independence. It had been building for years.
They know EVERYTHING until they have to get out on their own.
I REALLY want to be with him when he starts house hunting and applies for a loan 😂
@@Imzadi he will be like a new born duck on that day.
We paid to create this system.
@@user-zu5do6ri6r I didn’t.
@@user-zu5do6ri6r yup. Let the university system brainwash them and then they ask us to pay for the brainwashing 🤦🏼♀️
He at least did understand inflation as a monetary policy concept and not greedy corporations raising prices. The fact that he laughed about Milton Friedman is ironic given Friedman’s position as a monetarist.
He showed how much he doesn/t know with that response. Pretty sure he is paying too much for his edjumakashun.
"Greedy Corporations"
I dare say, it was the uninformed population that gave it to them.
When your currency is backed by nothing, it will tend to do this
Greedy Banksters 👍🏻
Charlie Kirk has huge courage to go to liberal campuses and debate students. Big props.
Why doesn't he go to conservative campuses?
The top 1% in IQ, 1400 SAT min, 3.75 GPA HS
~$130K/yr, first job ever.
Most State colleges are paid (state funding) based on graduations,
They lower standards to get paid.
They don't have mandatory flunking.
When I went to university,
At the end of sophomore year, 25% are sent letters of denial to the junior class.
Refreshing to see a legitimate q/a session. We need more of this in our society.
Your patience is amazing Charlie. Letting that kid cut off your answer every time frustrated me and I am just watching it.
Worst attempt at playing devils advocate ever. Tries to question Charlie into a contradiction, and fails miserably
Man this kid has such a 🤜-able face!
Why is that? Because his ideals don’t align with yours?
Yes he’s interrupting a bit and seems eager to have this debate other than that he hasn’t been too much or in need of violence to occur which I stand against. Everyone has the right to voice their opinions in debates and the world .
@@thelastgrape7510 to be honest i wrote this at the beginning of the video. i did see that he was trying to be receptive.
That kid wasn't interested in any conversation he just wanted to hear the sound of his own voice.
Yes and with an audience as well
This kid is insufferable. Asks questions smugly without ever directly giving his own opinions.
maybe he'll become a journalist 😊😂
He’s a sophist.
You’re insecure
Sometimes I wish kids like this could go on a field trip type of day with someone who actually runs a company or something like that, and allow them to spit some knowledge about life. This kid doesn’t get it
@@drewcrank6929he won’t “get it” until he enters the real world and fails. Unfortunately he will then see his own failure as caused by capitalism and vote for socialists.
Defund Congress
Defund Congress in any 3 month term when there is deficit growth and prohibit congressional raises in any 3 month term when there is debt growth.
Apply the same rules including jail time to Congress for insider trading as are applied to private sector businesses and individuals.
I'm also inclined to apply the same rules to congrefspersons profiting from their books and speeches as are applied to criminals profiting from their crimes, but that's probably going overboard.
Thank you for bringing up the fact that NO bank C.E.O.s went to prison after 2008. my home was one of the many stolen. That is not something a poor person can recover from.
Maybe you should have made smarter decisions...
Broke boy
Someone stole your house? More like you purchased a house with money you didn't have hoping the house price would increase and you would make money. Instead the house price went down and you didn't want to continue repaying your borrowed money. You walked away, no one stole anything.
Stolen? No, you tried to steal it by not paying for it.
Tell me about it. My stock went from $22 a share to $8 a share over night.
Inflation is so high, I couldn’t even afford to die right now.
Dying is illegal. Get back to work
Fk it. Imma disappear and fade away
Saying inflation is coming down is misleading. Sure, inflation is no longer 5%, it's now 3%. Yes, it came down. But prices are still going UP by 3%.
He's a college kid. They aren't taught what these words mean. They just know they're supposed to say them
And they are never going down !
@@quintinnunn1392
English isn't my first language so please correct me if I'm wrong but I think his statement was correct.
Inflation is going down, as the original commenter said, from 5% to 3%. That is a decrease in inflation.
If the prices would be going down it would be deflation.
So to say that inflation is going down is a correct statement.
@@hikey7955 it's correct, but misleading. People equate a drop in inflation with a drop of prices.
@@mark7s980 yeah it absolutely can be misleading but I don't think there is a better way of expressing it.
I also had more of a problem with the other person who said the kid doesn't know what the words mean, when the kid didn't even say anything wrong.
"I used to be very against the federal reserve as well" !?!?!? What the fck did he learn to make him no longer against the fed?
Indoctrination
Probably was "taught" MMT. I had a friend who truly believed that and argued vigorously for it for about five years. Now he never brings it up
Also, what's 'used to be'? The kid's like 22. Was he against the fed in high school?
“I used to be against _____” says the 20 year old. 🙄 lol
When he said Federal Reserve, I was dang that's based. Then he talked more and I'm like, on second thought.
Charlie also won't mention the Federal Reserve is illegal and it was never our choice to implement it.
Hold up this kid prob hasn't drank or smoked a cig yet.
You’re mad he knew more at his age than you do at twice his age.
That was last quarter man. He finished fall semester of college. He's smarter now.
Trump 2024!
Anarchy 2024!
I could not tolerate watching this entire video. That kid is such a pain.
I thought he was pliable, to an extent. He really is smart, hopefully Kirk had some sway in his thinking.
@@bobbiescales3949can’t believe he would wear a ye shirt a trump supporter then shit on trump smh
Idc if it is funny ye was running don’t diss peoples beliefs blatantly 😊
☹️😡😡😡*
Too smart for you huh
That was a good conversation to watch. Stufent said what he had to say and Charlie said what he had to say without any aggression involved.
The kid is smart but not that smart.
He is in the process of being indoctrinated.
@@tukek88 come on guys itll get better
The problem is he doesn't know how not smart he is.
He think he’s smarter than he really is, and that is a problem.
@@tukek88 yes just because the professors in universities don’t teach Charlie Kirk economics, he’s indoctrinated 😂
This was one of my favorite conversations. You two actually conversed without just speaking over each other the whole time. Seek to understand not to prove your point and some good can come of it.
If you’re wondering what happens when you never tell a child he’s wrong, and that he needs to shush… here you go.
Everyone listening just got smarter for hearing it. I wish all conversations about politics between citizens could be this enlightened. Congrats to them both!!
Bought my house for $228,000 in 1987. Got divorced in 1999 and had to refi to give her half. (She never worked but gets half of everything. Fine) Next refi was 2001 to lower interest. It's not paid off because a home equity loan is at the same interest. Last appraisal, $1.7 mil. Go figure.(Daughter says sell it. California is too dangerous now)
Congrats on being a millionaire man! Sorry you got screwed by our Justice system though. Personally I'd wait until interest rates went down to at least 3% (right now since I'm getting quoted at 7% with a fucking 760 credit score that might not be any time soon). Once they went down though, I'd hire someone to do a full soul-less modern style remodel, sell move to texas and get a nice house with alot of land for like 750k-950k, liquidate the rest, then invest in vanguard + S&P stock brokerage + divide 200k into Nvidia and maybe another tech stock, but I'm a 21 year old college student still living with my parents so what do I know lol
@@jayavionharris Brother, Trump could make it better again but Harris will make it worse. Her comments have leaned Socialist. Anywhere other than California is a win. Oh boy am I shopping but not on the super Red states. I enjoy a mix and interesting debates.
@@jayavionharris I'm not not worried at 62 I've retired 3xs with either full pension or golden handshake. Money in Isle of Man and Camen. I only get taxed $10,000 or more to bring it back
Dang what's your new property tax...
@@EroticOnion23 same prop 13 until I sell. New owner gets hosed
God bless you Charlie Kirk to talk with & deal with these kids! Truth in love- you do it well!🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
When I was young, I didn’t understand the importance of states rights… 50 elections for a law vs national laws. Now that I’m an adult… I’m so glad when I was young I didn’t have a voice. The point is, 99.999999% of people think and say asinine stuff in their 20s. I sure did.
We all did. I’m 33 and I still look back even 4-5 years ago and think “wtf was I thinking”
well too bad, state rights have been irrelevant ever since the civil war and trampled further by the obama administration
This is why the voting age should be 25-30 years of age. Your brain doesnt even finish developing until your 25. The last 5-7 years of brain development is where the prefrontal cortex is developed and matured, it controlls how we process moment-to-moment input from our surroundings, compare that input to past experiences, and then react to them ad so much more.
"Stress signalling pathways that impair prefrontal cortex structure and function"
Nat Rev Neurosci - Author
The prefrontal cortex (PFC) intelligently regulates our thoughts, actions and emotions through extensive connections with other brain regions (BOX 1). It creates a “mental sketch pad” (to use a phrase coined by Alan Baddeley) through networks of neurons that can maintain information in the absence of environmental stimulation1. Neuroscientists such as Patricia Goldman-Rakic referred to this process as working memory: the ability to keep in mind an event that has just occurred, or bring to mind information from long-term storage, and use this representational knowledge to regulate behaviour, thought and emotion2. The PFC is able to protect these fragile representations from the interference of external or internal distractions, and is key for inhibiting inappropriate actions and promoting task-relevant operations (so-called ‘top-down’ regulation)3-6. PFC operations allow the flexible regulation of behaviour to enable us to properly respond to a changing environment - for example, the ability to shift attentional set to new dimensions and to alter decision making as reward contingencies shift7,8. The PFC also monitors errors, giving us the insight that we are incorrect and need to shift strategies9. All of these abilities depend on proper PFC neuronal network connections, which are highly sensitive to their neurochemical environment.
This is why these kids are so easily manipulated and pressured into believing the craziest things without question and follow along like sheep to the slaughter house.
We the people paid billions of dollars for 7 or 8 electric car chargers..... What happened to the rest of the $$$$$??????
Out the window to the pockets of those that get that 10%
Most of that money is probably for cleaning it, too…
@@J0n4THANOS good one! Stand against Marxism!
Usually the money is wasted on studies until they show what the sponsor wants them to show.
@@J0n4THANOS
Like laundering it?
This kid is clueless. Charlie crushed him 😂❤
The best CK vid I’ve seen yet! A lot of mutual respect. Kudos to the students!
I hate the way Gen Z talks.
Charlie's so articulate smart knowledgeable and quick with come backs. This guy deserves a bigger platform of influence and possibilities
If anything, our money needs to go back to the gold standard.
That will be the largest economic crash the world will ever see. But I agree it should have never been removed.
@@itsneuman Then so be it.
It is going back to the gold standard. NESARA/GESARA
idk, because i feel like we should abandon the caveman logic of currency being tied to "worthless" rocks that only have value because theyre shiny, it should be tied to fuel or energy, something "practical"
@nuhrii3449 you do realiz3 precious metals like gold and platinum are commonly used for highly complex electrons and a few other things that the "worthless rocks" as you say are used in as well. They are a precious commodity. We did the petro scam dollar thing and how did thar work out for us in the long run.
Strongly dislike college kids 😂
Great to see two valid points of view, informed individuals, discuss a topic. We're all smarter depending on how we digest this.
Just to add, this was the most educational video i've seen in a while.
I love how the media are like “Inflation is lower than expected! It’s only 2.9%!” 😂
Hery hard to believe that there are people that still believe in MSM.
Over 10% over 2 years
@@joaopedrobaggio4475you would be surprised then..
as if prices aren't 20% higher since the Democrats have taken office
because they wanted it much higher by now, they wanted everything to be much worse than it is by now, division, crime, poverty, immigration, everything. And they expected Trump to be gone on J13.
Thank you for what you do Charlie
I'd actually gives props to this kid for having reasoning to back his arguments and conceding to Charlie's. 95% of kids who challenge Charlie or copy + pasting their arguments from some media source.
Watching these makes me sure they don't have debate teams on colleges anymore. When I was in college (early 80s) we learned to debate, not only what we believed, but learned to argue against what we believe. Was a great exercise.
They can't learn. They already know everything.
I love to listen to Charlie Kirk!
Charlie Kirk is thee most educated brother ( in Christ Jesus) at 30 years old I've ever heard. ❤
wow!!! a real and open discussion....well done to that student.
Haven’t heard any politicians talking about the debt ceiling
I enjoy listening to this man
America is a mess, what's new.
This is exactly what we need, to have open dialog to discuss our different views.
I went to the University of Colorado Boulder 20 years ago. Lived in Boulder for 20 years. With no hesitation I can say that, even as liberal as a place like Boulder and CU are, were students nearly this smug and indoctrinated as this. It is so true that the irony of the so-called "information age" is that it has given rise and validity to the uniformed opinion.
Misinformed. Edward Bernays was the master. Worked for the government and corporations. Same as politicians these days. Was the father of consumerism and created the term public relations/marketing
How was he “indoctrinated”, simply because he had a nuanced take on Trump? Wow. I think YOURE the indoctrinated one. HE was a free thinker.
Thank you!
The current state of the economy? THE PITS. Just 65 years ago, the annual budget for the USA was less than $100 billion, Inflation was low and most sole breadwinners could afford housing. Today, we are adding to the debt by $1 TRILLION every 105 days and that's with an approved budget more than 50X that 1959 spending plan. Government is irresponsible.
I enjoyed this one. Thanks for your efforts❤
I don't care what economics degree a person has, until they've managed a family or even bought groceries for a family of 3 or more, I refuse to listen to them. Like grandpa used to say, this kid is still wet behind the ears.
You wouldn’t listen to them then anyways 😂 you would listen to trump lying to you and cry communism when the govt wants to stop price gauging to help you raising your family 😂
@@sneakytacos773 nope, I listen to my bottom. It tells me everything I need to know about who's policies benefits me and my family the best. Unlike you, if Joe Biden' s policies were better than Trump's and my bottom line was better under him , I would vote for Joe. You hate Trump because Joy and Whoopie told you to and that's all that matters to you. You probably fit in the category of never managing bills and not having a clue what a bottom line is.
@@sneakytacos773Funny as the guv has done the complete opposite than help, they help everyone in the world besides Americans.
@@jelly7310 Joe isn’t running for office. Have you been living under a rock? Do you know why your bottom line didn’t improve? Because of inflation outside of a president’s control. Do you know who Jerome Powell is? I bet not. Did you know Trump’s taxes didn’t benefit your bottom line if you make less than $114k? Did you know trump tax benefitted the top 1% 3x as much as the bottom 60%? Did you know trump’s tariffs will only raise inflation? Did you know trump promising to cut taxes and lower inflation at the same time is quite literally impossible?
sneakytacos773. It's not price gouging that's the issue. Otherwise that would reflect only on certain products not everything.
Better to look at cause and effect of demand. For example tell me why china, Japan, south korea, had considerably less Inflation the last 5 years.. hint: they didn't deal with mass immigration like some European countries. Or north American.
I love watching Milton Friedman on TH-cam addressing the same ill informed arguments (a little knowledge is a dangerous thing) from the same kind of college kids back in the 70’s with so much grace, patience, class, intellect, charisma, humor and FACTS. He didn’t belittle them or talk down to them. He schooled them properly. A lot like what Mr Kirk is doing right here. I’m learning a lot too. Thank you, Mr Kirk.
Honestly refreshing to see a student ask real questions regarding policy and not let their anti trump emotions go out of control. Good conversation Charlie!
Yeah I don't know what all of these people in comments are saying about him being insufferable.
Kid was respectful, didn't let Charlie walk all over him, agreed with some things and disagreed with others without being a jerk. One of the best conversations I've seen on the channel. Most of the time the college students don't know anything.
I will give this young man credit. He came informed he stated his believe and he did it with respect.
He has a bright future ahead as long as he keeps a opened mind
Super condescending guy. I bet he’s the type that expects his girlfriend to pay half the bill.
And taxpayers to pay for his college
Whoa now buddy. Nothing wrong with expecting your date to go 50/50. Infact, that makes you smart, not condescending.
@@GotoHerebailing out the rich is better, right ? I'd rather students get help than rich people who can actually afford to pay get bailouts.
Bold of you to assume “he” has a girlfriend.
@@sean247 I was just thinking that his girlfriend is probably a blowup doll.
An economics major freshmen laughing mockingly at Milton Friedman.
Charlie your a legend 👏👏 I've learned a lot I feel I've said this before but again I'm a huge supporter of you
Imagine how liberal his parents are
Most likely. but there are exceptions. My parents, my middle sister, and I are all conservatives, but my oldest sister is a hardcore leftist.
His parents are deeeeefinitely divorced
As soon as they are confronted with the facts and truth they always interrupt and deflect.
Hey Charlie! Hows family?
Charlie is a beast! Love it!
Well, at least he was respectful... To a point.
Charlie: "....debt crisis, the likes [of which] we have never seen." Wow, you got that right! Before now, the only time in American history that the national debt to GDP ratio has been over 100% was in 1945 when it was 105% due to the existential necessity of accumulated deficit spending during the war years. Today it is approaching 125%! The crisis Charlie referred to is looming. In the post-war years, we fairly quickly paid down the national debt through national economic growth. Partially, the post-war economic boom was the result of the fact that our international economic competitors, Japan, Germany, Britain, and Europe had their industrial infrastructure wrecked in the war. If you wanted cars, TVs or refrigerators, there was only one option, American-made. Today is vastly different. The majority of consumer goods are now manufactured in China due to low wage rates there. We're spending more now on interest payments on the national debt than on national defense. Entitlement programs like Social Security and Medicare will go broke in less than a decade. Members of Congress, with the exception of Senator Rand Paul, who hold the purse strings, lack the political courage to confront the looming crisis. So, Washington fiddles, while the fire is starting to burn. Congress knows that there are only four ways to tackle the debt crisis, raise taxes dramatically, cut overspending on Federal programs, renege on Federal Treasury debt instruments like bonds and notes, or print money and inflate our way out of it with increaingly more wortless dollars. All four mean political suicide for Congress and the President. Raising taxes will shut down national economic growth and create a seriously deep recession, reducing tax revenues, and making the crisis worse. Cutting spending is political death. Reneging on the debt would trigger a worldwide fiscal and economic crisis, possibly a global depression. Inflating by printing wortless dollars will destroy our currency and cause another domestic Great Depression. There's no easy way out. The time for paying the piper is coming.
What a good interation.
Join the Military. Vets can buy a home with no down payment.
No down payment isn't really a selling point. Yes, you can qualify for a house easier, but you're still on the hook for what would have been a down payment. Its just financed now, which is a way worse deal.
@@Tuck1569 Great point to bring up. In often cases, it's not the best option for a veteran to buy their home.
Great, now that will be 5k a month no utilities or essentials included, not counting the car, family, and other extras.
Charlie speaking the truth
Says Trump is too emotional all while being emotional. Don’t cut yourself on that edge.
The Projection is crazy. Kid showed no emotion besides excitement.
Charlie is a wealth of knowledge he blows my mind.
Yet he doesn’t know all that much.
If it wasn't for our ranch/farm we couldn't help others in our area who are suffering for food. Our food pantry at the church was robbed. I used to raise hogs and am considering doing it again for sausage and bacon. Not worried about the grain we can grow our own, but I have never seen it so bad right now. Seniors and low-income people do not stand a chance. If things don't change we are all headed to the poor house.
This was a productive honest discussion. He knew enough and was honest about the data while listening.
Ooh my goodness what a smarty pants. Where does he think he knows show much when he hasn’t paid for a house or managed money for a family. It’s just flat sickening how they go to college and think they’re smarter than others. Charlie I love how you put them in their place. Good Job 🙏🏻❤️
This kid is great. He has a contrarian view, he voices his opinion in a calm and logical manner.
Two bright minds interacting.
The economy is Shriking, food is Shrinking, and the only thing that's not shrinking is the government.
Go back to school, bozo.
The kid is a legend. He is smart and confident. He will achieve so much!
I don't think people understand that when you say 2022 inflation was at 9% and now its only 2.9%, so therefore its amazing right now is absolutely wrong. Inflation compounds. That means that over the Biden term inflation if probably closer to an average of 20%.
Everyone understands that, it’s not rocket science, dimwit.
Keep quoting Biden, you should be saying during Powell’s term, and you would be if you actually knew anything about inflation.
@@sneakytacos773 What? I assume you dont know that Powell gets appointed by Biden right? You do know that right?
@@philipwyman3325 oh god… you do know trump appointed him first, right? And you do know the president can’t control Powell’s decisions once he’s appointed, the fact you tried to blame Biden AGAIN is embarrassing. I wasn’t even trying to blame trump. I was merely pointing out that Powell is the blame for inflation, not Biden nor Trump. Childish man.
@@sneakytacos773 so what your saying is it was Powell that makes the decisions for government spending and signs off on it?
I love this video. I bought my home right before COVID, and now homes like mine have at least doubled in price in my location.
ya... I bought my house in 2011 and have been pleasantly surprised that it's been going up in price... but have to remind myself.. EVERYTHING is going up in price.
That kid must have a grasshopper in his hair and he keeps trying to dig it out . I just use a comb when I have a spider in my hair !!!!!!!!!!!!!!!!
He better not play poker. It's a tell
I remember him. He was in the bar scene in Good Will Hunting.
♥️🤍💙TRUMP 2024♥️🤍💙♥️🤍💙♥️🤍💙♥️🤍💙
The kid is wrong about brics. BRICS will be successful
I saw a bumper sticker many years ago that still fits this kid and others like him..
"Hire a teenager while they still think they know everything"
I saw a serloin steak at Walmart for 51 dollars.And another for 75 .
That's normal for a good cut of meat.
In your world perhaps. You vote Democrat???@dragerdet
And fox is trying to convince you right now that harris stopping price gauging is communism. Just sayin’
@@dragerdetyou don’t care about people who can’t afford it? What a heartless
@@demondog804 I never said I don't care, I just said that's normal.
I could hear these two talk for a long time, full interview
It's really nice to see a college student with some scene!!!
I’m glad I had my G.I. Bill to help purchase my home
Paying $120,000 to go to a protest is so underrated...