No wonder Forbes claimed Sri Mulyani as one of the world’s most powerful women in 2021. She clearly and confidently pinpoint Indonesia’s strong positions amid this global challenging situation. We Indonesians are so proud and so grateful to have her as our finance minister.
Excellent participation of Indonesian Finance Minister Mrs. Sri Mulyani Indrawati, clear and deep opinions of the current problems facing the world, also very notable the participation of IMF Managing Director Kristalina Georgieva self critic on the IMF role. Thanks for having these spaces available to the world public.
I like the comments of the Indonesian finance minister. How did they all react when Sri Mulyani talked about the economy, their faces were so serious. 👏🏼👏🏼👏🏼
Indeed, we can read the over all attitude of the Indonesian Minister as against those of the so-called advanced economies in this discourse. Behind the explanation of those from the West, it was obvious that they tried to corner the discussion with vested interests!
Another "next level genius" project would be allocating those excess Indonesia natural resources, like geo-thermal and active volcanoes for mining digital assets in a more sustainable method. Find orcaHashing for Indonesia Maju! 🇮🇩🇮🇩🇮🇩
Secara Ekonomi US saat ini sdh terjungkal.. Inflasi 8,5% tdk pernah sejak 1981... Bond dan Surat Utang yg dikeluarkan pemerintah US telah di kuasai Cina... Semoga US sadar .. Mimpinya sebagai negara pemimpin dunia dmana smua tunduk pada US hrs di eliminir. Yg penting tdk boleh sombong, krn sombong adalah awal kejatuhan sebuah bangsa.. Hrs saling bekerjasama sebagai bangsa.
@@Itsmesmileyface Jangan lupa, dulu Mujahideen mu di Afghanistan juga dibantu oleh Amerika untuk mengalahkan Uni Sovyet :D bahkan Indonesia pun dibantu Amerika dalam mengalahkan Komunis (PKI) :D dan jangan lupa, bahwa masuknya Timor Leste ke Indonesia pun dulunya karena Amerika takut kalau TimLes akan jatuh ke tangan Komunis :D Jadi, di Dunia ini tidak ada HITAM atau PUTIH; Amerika melakukan banyak kesalahan, tapi seharusnya kau belajar dari kesalahan2 mereka; bukan membenci mereka :D Dan sesekali kau pergi ke desa2 .. dimana ada pertanian kayak Coklat, Kopi, dll .. petani2 kita dibantu untuk bisa melakukan budidaya yang baik itu dananya kebanyakan dari AusAID, USAID, dll .. jadi gunakanlah otakmu, karena itu pemberian allahmu; bagaimana kau menghadapi dipengadilan hari akhir, jika otak yagn diberikan allah secara gratis saja tidak pernah kau pakai?
Anjer sri mulyani, peserta lain kyk mahasiswa yg lagi dikasih sama ibu dosen sri, another level.. pengetahuannya, tata bahasanya, speechless gw.. sehat² ya ibu
Indonesia is one of the countries on this earth that has a political strategy called "free and active"... Indonesia not build aliance with rich country only, but we build with all country in the world, we know many countries on our planet have disparities but we know that all countries have similarities in matters of welfare of their people Indonesia for all 🇮🇩🇮🇩🇮🇩🇮🇩
Another "welfare" project that empowering society as a whole would be allocating those excess Indonesia natural resources, like geo-thermal and active volcanoes for mining digital assets in a more sustainable method. Find orcaHashing for Indonesia Maju! 🇮🇩🇮🇩🇮🇩
Powell helped to create the high inflation we have today and now the US is exporting that inflation around the world. This will lead to a global economic crisis.
Guy, you're clueless, this inflation is because of the pandemic, supply chain, and now the war. For the last 5 months, groceries stories haven't been stocking to normal capacity. So, now those products are high in demand... and cost went up, did you see how many ships were just waiting for days to unload outside the ports?
@@winterskiU If they pay you in dollar which is worthless for goods, they are robbing rest of world (because they printed 80% of all money in 2022, soon they will burn dollar like in Venezuela)
The US didn't create the debt based financial system that is a house of cards. However they, as the reserve currency creator and supplier, and creator of the fiat system, have stacked the house of cards bigger and higher than is sustainable. It is just a matter of time, magnified by covid and conflicts, that will bring it all crashing down on those of us not prepared. I.e. 99.9% of the population. Covid and Ukraine may be catalysts (and scapegoats) but not the reasons for the upcoming reset.
We are already starting to be a strong finance country..thank you so much for FM Sri Mulyani that have been driving Indonesia to be a better finance country in the world now.💕
Harusnya semua partai di Indonesia meninggalkan ego politiknya dan bersatu mengusung ibu Sri Mulyani menjadi presiden demi kebangkitan Indonesia dimasa datang !!!!
First it's refreshing to see more women in this powerful debate and very proud to see one asian woman from Indonesia. But I would love to see more of people with color.
I loved the emphasis on global cooperation and the need to make sure that standards of living are not effected negatively during the process of improving economies. Thank you all for sharing.
🇯🇵 Honestly I appreciate you and your content < Technical Analysis is good but I find It truly baffling that major crypto youtubers just look mostly at pure T.A and completely ignore the bigger narrative of why BTC is pumps/pumped and why the future outlook will be even rosier than it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps,narrowly avoiding a long-term bear market. More emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the market. I have made over 3.5 BTC from day trading with Damien Stanislav insights and charts. His been one step ahead of other analysis..Stick with ETH/BTC...
Surprisingly India’s economic progress was discussed, India being the second most populous country nearing a 3 trillion dollar economy and the 2022 growth projected by IMF at 8.2%. Shows the oriental and colonial mindset that how can it happen in India
The solution for the global crisis is based on correction of many factors which can be summerized as following: 1. Long term economic macroplans are not observed as before. 2. Fisical and monetry policies are diluted by too much precautionary attitudes. 3. Fast electronic money transfers are making bank deposits less stable. 4. Long term investments and big corporate project investents are decentralized by fake ads for small scale scattered projects that have faster rate of return on short terms. 5. Money laundering around the globe that diregard transparant financial reports.
So what's the alternative, life on the world spirals out of control, civil unrest & everything that's taken decades to build is ruined??? Are you insane?
Bayangkan se-powerful apa Indonesia ketika Ibu Sri Mulyani bersatu dan Berkerja sama dengan Ibu Karen Agustiawan, Susi Pudjiastuti dan Siti Fadilah Supari di dalam Kabinet 🙏🙏
I think the Fed should begin rapid balance sheet reduction first, before raising any Fed interest rates. The current inflation is mainly due to the Ukraine war, Covid-19 disruption, deglobalization, and QE, which cannot be solved via interest rates. Raising the interest rates will only let ordinary people suffer more, especially with the increase in the mortgage/rent payment. For ordinary people, the effect of double the mortgage/rent payment is much higher than double the energy & food bill. People can go through the unavoidable increase in their energy & food bills, but why should the Fed add a much heavier layer of higher mortgage/rent to them quickly before they can go through the higher bills first? The rapid expansion Fed balance sheet via the QE program is unhealthy, and it mainly creates inflation and helps the people in the financial world, while the interest rate affects the living cost of every ordinary people. I think the Fed should start the rapid balance sheet reduction first, while raising the interest rates only after the reduction is finished, and give some time to the ordinary people to let them have enough income to pay for their monthly bills. Recently, lots of investment banks and financial institutions urge a quicker increase of the Fed rates, which will only benefit themselves but not the general public, as the investment banks have already purchased lots of derivatives against the well-informed rates rise. The quicker raising rates make the financial cost and holding time value premium of the hedging derivatives lower, and the higher rates let the banks earn much higher interest payments after these hedgings. While ordinary people have not done any hedging. Originally, the bankers should not earn so much profit from these hedgings. But if the rates are raised much higher and quicker, the bankers can get big profits from the lower cost derivatives, and also enjoy higher interest payments from their fixed-income securities holdings after this profit, while they also earn the money from the loss which Fed made during the selling of their holdings with a lower price after its rates rise. Rates up first -> bonds price down -> later Fed reduce balance sheet with a lower price -> public Fed lost money to private bankers -> BAD. Reduce balance sheet first with a normal price before rates up -> public Fed does not lose -> raise the rates after balance sheet reduction -> GOOD. After transferring so much wealth from the public into the private bankers via a quick hudge rates rise, If the balance sheet is still not reduced, a recession will come as every ordinary people are suffering from the rapid huge rates disruption without hedging, and Fed will just see the increase and later reduce the rates, as well as, create an even bigger unhealthy balance sheet! What is more, in order to maintain the US dollar hegemony, both reducing the Fed balance sheet and keeping the Fed rates stable are very important, as no one wants to hold a volatile and massive expansion thing. In history, the last several rate hike cycles have never brought the US equity market down. Please compare the full chart of SP500 and federal funds rate! How could the raising rates reduce the price of assets? If the fed reduce the balance sheet without raising rates, the house price will go down, and the monthly mortgage payment will be steady. People will find an easier life. If the fed raise the rates without reducing its balance sheet, the house price will still be super high, and the people have to pay much higher mortgage. People are suffering!
The BS composition itself in terms of liquidity & approaching maturities have to be taken into account. The Fed holds more MBS then all aggregate dealers combined. Flooding the market with offloaded MBS won't bring the housing market down, it would collapse it, all together. Not a solution. Hedging derivative positions at a bank, if say, you're practicing delta hedging & monitoring for gamma, would have a higher funding cost with an increased benchmark RFR, so I'm not sure how that's a cheaper option for the bank. In fact, the rate hikes they are anticipating ( not calling for ),.are extrapolated from the bond market. Rising rates is not a unidemonsial phenomena. Pushing the FFR up too high, too fast hits shortest maturities, most immediately. Granted, the curve has already shifted up in anticipation of the rate hikes, but had there been no anticipation of rate hikes & solely QT, once you did hike, you'd have much higher volatility in prices across asset classes, as liquidity has been pulled from the system & also threaten an extended inverted yield curve. Increasing rates in isolation doesn't help a bank if the curve inverts, regardless of the level.of rates. So in terms of rates, the level, rate of change of those levels & the shape of the yield curve have to all be considered together in terms of issuing policy. If rising rates were the sole function of increasing valuations on banks, I would expect those P/Es to be higher now, than 2019, since we've pushed ~+2 5%, from being nearly zero bound for a decade. But those P/Es are not. Mortgage rates had to rise to offset excess demand relative to supply. Pulling liquidity out of the market, would cause a rise in these rates anyway, it's the same approach Volker took in the 80s. These rates took off sharply & mortgage applications are down 40% YoY. Eventually, when supply increases In tandem with waning demand, housing prices fall, as sellers now compete w increased qty of sellers, relative to a smaller pool of willing buyers. Rates also need go rise to slow money velocity. This is the primary driver to control for. Rates are essentially the price of money. By trying to keep the price essentially "free", money velocity would not decline fast enough, relative to a BS runoff in isolation. All it would achieve is prolonging sustained hgh levels of inflation, which hurts "ordinary" people much more than it does those who own more relative wealth. Low yields/longer sustained high level of inflaton > decreasing liquidity > unattractive investment > BAD.
Really clear and great comment, you should be pay for this short analysis. Its only hypocrisy, they don't care about how ordinary people suffer and live.
western countries care about the Ukrainian people but don't care about Palestine, for us the Indonesian people really admire Russia, a strong country against all who don't understand
@@lbcthinkingoutloud3427 then why did the British help Ukraine? and why western countries don't care about humanity towards Palestine, western countries bring humanity but that's a lie
your comment is out of context. It's a economic matter, not a political one they are talking about..Not political..I hope you can be smarter if you comment next time!!
The problem with energy is long term government meddling in the energy industry. How is it a shock that when governments demonize traditional energy forms they refrain from investing in new supply. This is a government created issue.
You’re are close, more like the greed of America Oil and Gas companies keeping this for not happening. But Elon the disruptor is now showing the people the way out. America Oil and Gas companies knew this was coming for over 15 years but kept their Senator buddies in power to fight this. While China is trying to beat the US in developing this market. But Elon is genuine he put together a whole ecosystem. Wait until the release of the phone that will have his battery and solar technology behind it.
@@Kemet3.0 lol the energy companies are pushing global warming. The greens are their useful idiots. Why do you think reliable forms of energy like nuclear and coal are being ditched for wind and solar?. It's because of natural gas. It's the only energy form that can back up wind and solar. Big oil and gas benefit the most from the green agenda. Big oil uses the government to destroy energy sources that compete with oil and gas
Great debate, good questions and very informative, all participants was excellent!!! Well done Sara ❤❤❤ Looking forward for the next interesting debate 🎉
Our inflation is caused by elitist would never feel the impact of their policy or decisions on a personal level. Inflation is not primarily being caused by supply chains. This people think we are all stupid. None of them actually care about a single regular person.
Nice to see someone mention their mistakes on inflation & how they act like 8 year olds around 102.. Even though i think some of the consequences are intentional
Oh my God. We have FED chairman, European Central Bank President, IMF managing Chairman, and our (proudly present srikandi) ministry of finance. I've never felt this proud of my country before 😊
I think Mrs Sri Mulyani has misquoted when she says Indonesia's exports have been rising up, Since Foreign debt is up to more than $ 400 billion, the impact of the Covid pandemic then followed by Political economic decisions that seemingly come closer to China's interest, Indonesia's currently trade balance is in the worst deficit in history
She's kind of mean to people with tightening tax in Indonesia, but she's excellent at controlling the monetary. Our minister is a genius. Proud of her!
![[UNCUT] The Loyal Pin ปิ่นภักดิ์ EP.15 (3/4)](http://i.ytimg.com/vi/IVwR87OH0_A/mqdefault.jpg)
No wonder Forbes claimed Sri Mulyani as one of the world’s most powerful women in 2021. She clearly and confidently pinpoint Indonesia’s strong positions amid this global challenging situation. We Indonesians are so proud and so grateful to have her as our finance minister.
Excellent participation of Indonesian Finance Minister Mrs. Sri Mulyani Indrawati, clear and deep opinions of the current problems facing the world, also very notable the participation of IMF Managing Director Kristalina Georgieva self critic on the IMF role. Thanks for having these spaces available to the world public.
He is our finance minister but not all Indonesians like him, there are still many Indonesians who are misguided
@@starfootballtv2285 He or She? Him or Her?
@@SkywalkerExpress she
Her
😝😝😝
🙏🙏🙏
@STAR FOOTBALL TV gak perlu Curhat X… n gak perlu buka kartu ..
@@FransFischMry kmu pindah negara aja KL tidak mau mengakui pemerintah yg sah
Minister Sri Mulyani I'm proud of you 😁👍 .we Indonesian🇲🇨 people always support you
Respect to the Indonesian minister Sri Muyliani. Great perspective she brought
🇲🇨🇲🇨🇲🇨
we love her so much!
he is our finance minister, but not all Indonesians like him
@@starfootballtv2285 She
@@wtcpare 🙏🙏🙏
I like the comments of the Indonesian finance minister. How did they all react when Sri Mulyani talked about the economy, their faces were so serious. 👏🏼👏🏼👏🏼
Indeed, we can read the over all attitude of the Indonesian Minister as against those of the so-called advanced economies in this discourse. Behind the explanation of those from the West, it was obvious that they tried to corner the discussion with vested interests!
7000 Trillion Rupiah debt
@@faridmuslim1561 Chill, Indonesia income is much higher than that, if we want we can pay.
@@faridmuslim1561 malu kan kmu akhirnya ...
Orang luar negeri saja mengakui kinerja pemerintah Indonesia sementara kmu hnya bisa mrnyinyir
@@starfootballtv2285 mengakui sebagai tukang utang yang baik dan terus bertambah dan nambah lagi dan teruss ...
Sri Mulyani....U r the Best..👍👏👏👏
FM Sri Mulyani provided insights based on what have really been done by her in Indonesia, and that's a great lecture!
indonesian ministry explain very clear and sharp.
God Bless Indonesia..... Sri Mulyani genius
Another "next level genius" project would be allocating those excess Indonesia natural resources, like geo-thermal and active volcanoes for mining digital assets
in a more sustainable method. Find orcaHashing for Indonesia Maju! 🇮🇩🇮🇩🇮🇩
God bless America!! 🇺🇲
Secara Ekonomi US saat ini sdh terjungkal.. Inflasi 8,5% tdk pernah sejak 1981... Bond dan Surat Utang yg dikeluarkan pemerintah US telah di kuasai Cina...
Semoga US sadar .. Mimpinya sebagai negara pemimpin dunia dmana smua tunduk pada US hrs di eliminir. Yg penting tdk boleh sombong, krn sombong adalah awal kejatuhan sebuah bangsa.. Hrs saling bekerjasama sebagai bangsa.
@@Itsmesmileyface waduh... keras ya 😆😆
@@Itsmesmileyface Jangan lupa, dulu Mujahideen mu di Afghanistan juga dibantu oleh Amerika untuk mengalahkan Uni Sovyet :D bahkan Indonesia pun dibantu Amerika dalam mengalahkan Komunis (PKI) :D dan jangan lupa, bahwa masuknya Timor Leste ke Indonesia pun dulunya karena Amerika takut kalau TimLes akan jatuh ke tangan Komunis :D
Jadi, di Dunia ini tidak ada HITAM atau PUTIH; Amerika melakukan banyak kesalahan, tapi seharusnya kau belajar dari kesalahan2 mereka; bukan membenci mereka :D
Dan sesekali kau pergi ke desa2 .. dimana ada pertanian kayak Coklat, Kopi, dll .. petani2 kita dibantu untuk bisa melakukan budidaya yang baik itu dananya kebanyakan dari AusAID, USAID, dll .. jadi gunakanlah otakmu, karena itu pemberian allahmu; bagaimana kau menghadapi dipengadilan hari akhir, jika otak yagn diberikan allah secara gratis saja tidak pernah kau pakai?
Mantap bu Sri mulyani,,, we proud of you.. No others county can interup Indonesia..
lets to be honest... mrs. Sri mulyani has more concern and absorb this discussion than orther..
she was hardworker and genius.
Agree !!
Anjer sri mulyani, peserta lain kyk mahasiswa yg lagi dikasih sama ibu dosen sri, another level.. pengetahuannya, tata bahasanya, speechless gw.. sehat² ya ibu
Rek naon sia didie
diakan pernah punya ajabtan di world bank. jelaslaa pengetahuanya luas
The difference between technocrat and politicians do shine, right?
@@gilangario24 sia sia sia...maneh teh kudu diajar adab jeng sopan santun..
garoblog wkwk
Great Salute to Indonesia finance minister
Brilliant speech
Others look jealous on her
Western countries dominating mentality
Indonesia is one of the countries on this earth that has a political strategy called "free and active"...
Indonesia not build aliance with rich country only, but we build with all country in the world,
we know many countries on our planet have disparities but we know that all countries have similarities in matters of welfare of their people
Indonesia for all 🇮🇩🇮🇩🇮🇩🇮🇩
Another "welfare" project that empowering society as a whole would be allocating those excess Indonesia natural resources, like geo-thermal and active volcanoes for mining digital assets
in a more sustainable method. Find orcaHashing for Indonesia Maju! 🇮🇩🇮🇩🇮🇩
Urra...
Indonesia is great country in global economy...Bu Sri Mulyani is so smart
Well said FM Sri Mulyani 🙌🙌🙌🙌🙌🙌🙌
Sri Mulyani brain is 🔥🔥🔥, no wonder even World Bank association chose her to be their director, proud of you our minister
Bangga Indonesia punya menteri keuangan macam Sri Muliyani.
😊👍🇮🇩
Powell helped to create the high inflation we have today and now the US is exporting that inflation around the world. This will lead to a global economic crisis.
The rest of the world isn't innocent in this. We did our fair share of printing as well.
Guy, you're clueless, this inflation is because of the pandemic, supply chain, and now the war. For the last 5 months, groceries stories haven't been stocking to normal capacity.
So, now those products are high in demand... and cost went up, did you see how many ships were just waiting for days to unload outside the ports?
@@winterskiU If they pay you in dollar which is worthless for goods, they are robbing rest of world (because they printed 80% of all money in 2022, soon they will burn dollar like in Venezuela)
All pre planned. Make no mistake. Incoming doom for the sound asleep normie masses
The US didn't create the debt based financial system that is a house of cards. However they, as the reserve currency creator and supplier, and creator of the fiat system, have stacked the house of cards bigger and higher than is sustainable. It is just a matter of time, magnified by covid and conflicts, that will bring it all crashing down on those of us not prepared. I.e. 99.9% of the population.
Covid and Ukraine may be catalysts (and scapegoats) but not the reasons for the upcoming reset.
Dang, double jabs to American Chairman from Sri Mulyani. Impressive.
Excelent overview from Indonesia finance Minister Sri Mulyani Indrawati...
I'm watching from Lombok.
Proud of you Ibu menteri kerenn
Ternyata orang Indonesia punya banyak orang hebat seperti ibu Sri Mulyani 😍😍
Semoga ibu Sri Mulyani sehat selalu. Indonesia butuh org hebat seperti ibu. 🙏🏼
We are already starting to be a strong finance country..thank you so much for FM Sri Mulyani that have been driving Indonesia to be a better finance country in the world now.💕
very interesting to hear these opinions. thanks for having this interview.
Harusnya semua partai di Indonesia meninggalkan ego politiknya dan bersatu mengusung ibu Sri Mulyani menjadi presiden demi kebangkitan Indonesia dimasa datang !!!!
Ibu Sri Mulyani 🙏🏻 We proud of you, Ibu 🙏🏻Love Indonesia ❤️
I like Ms Mulyani of Indonesia but more to Sarah 😍🥰🥰🥰🥰
Thanks for having ms. Sri Mulyani. Her opinion is needed in this situation.
SRI MULYANI SO GENIUS
Salam hormat buat ibu sri mulyani
Excellent , Sara what a great interview on the IMF and the look ahead!!!
Minister Sri Mulyani. You are our heroine 👏👏👍
First it's refreshing to see more women in this powerful debate and very proud to see one asian woman from Indonesia. But I would love to see more of people with color.
Skin color can't change the economy
You can't have it because the money and the economy are controlled by the White West (US, IMF, World Bank, The Fed, etc).
Human are not crayon.
Sri Mulyani for the next president!
I loved the emphasis on global cooperation and the need to make sure that standards of living are not effected negatively during the process of improving economies. Thank you all for sharing.
When did we vote these Lords of Easy Money to steal fruits of our labor?
strong women Sri Mulyani
Paling uuuakeh seng komen wong Indonesia,,, mantab🇮🇩🇮🇩🇮🇩
🇯🇵 Honestly I appreciate you and your content < Technical Analysis is good but I find It truly baffling that major crypto youtubers just look mostly at pure T.A and completely ignore the bigger narrative of why BTC is pumps/pumped and why the future outlook will be even rosier than it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps,narrowly avoiding a long-term bear market. More emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the market. I have made over 3.5 BTC from day trading with Damien Stanislav insights and charts. His been one step ahead of other analysis..Stick with ETH/BTC...
You re absolutely right
Looking at the bullish moves top crypto assets has been having since last year, I'd call it a very big win for hodlers of btc.
Though 2022 is set for much bigger gains as predicted by analysts
Trading is serious business that is both technical and demanding, major reason I just employ the use of signals from trade expert Walden Carlin.
I prefer trading assets which has provided me a far bigger pay gain than I initially imagined, although am still far from being an expert traders.
Mrs. Sri Mulyani explained base on the data and she spoke clearly and understandably.
Surprisingly India’s economic progress was discussed, India being the second most populous country nearing a 3 trillion dollar economy and the 2022 growth projected by IMF at 8.2%. Shows the oriental and colonial mindset that how can it happen in India
India is a poor country, very poor.
Time stamp?
Probably next year considering India would be G20 president after Indonesia's presidency
The solution for the global crisis is based on correction of many factors which can be summerized as following:
1. Long term economic macroplans are not observed as before.
2. Fisical and monetry policies are diluted by too much precautionary attitudes.
3. Fast electronic money transfers are making bank deposits less stable.
4. Long term investments and big corporate project investents are decentralized by fake ads for small
scale scattered projects that have faster rate of return on short terms.
5. Money laundering around the globe that diregard transparant financial reports.
It was just a mere glimpse, few suggestions without empirical data analysis involving graphs and tables.
It was just a mere glimpse, suggestions without imperial data analysis involving graphs and refrential tables.
Fantastic chairing by Sara Eisen 👏👏👏
When will sanity take the lead, and they realize never ending growth is not sustainable
So what's the alternative, life on the world spirals out of control, civil unrest & everything that's taken decades to build is ruined??? Are you insane?
Exactly why Maltus was correct and humans became extinct long ago. The constraint on the Cobb Douglass production function is technology for a reason.
@@chordia919 nah, technology can always be imagined/advanced....that variable should be limitless, population count is a major factor
We are very proud to have Mrs. Sri Mulyani
We support FM Sri Mulyani 👍
One notable point is that the women seemed more sensitive to global well being.
We proud to have you Mss Sri Mulyani♥️
Bayangkan se-powerful apa Indonesia ketika Ibu Sri Mulyani bersatu dan Berkerja sama dengan Ibu Karen Agustiawan, Susi Pudjiastuti dan Siti Fadilah Supari di dalam Kabinet 🙏🙏
Proud of you Ibu Sri Mulyani 👍🏻👏🏻
Maju terus Sri.... Menteri ekonomi dari negara new emerging forces (nefo)... Ada bung karno dalam jiwa mu Sri
Fortunately, Indonesia has a lovely master of economics as our finances minister, Ibu Sri Mulyani
Semangat ibu Sri,biar Indonesia makin maju ya ibu
So proud for what she has done for indonesia.
I think the Fed should begin rapid balance sheet reduction first, before raising any Fed interest rates.
The current inflation is mainly due to the Ukraine war, Covid-19 disruption, deglobalization, and QE, which cannot be solved via interest rates.
Raising the interest rates will only let ordinary people suffer more, especially with the increase in the mortgage/rent payment.
For ordinary people, the effect of double the mortgage/rent payment is much higher than double the energy & food bill. People can go through the unavoidable increase in their energy & food bills, but why should the Fed add a much heavier layer of higher mortgage/rent to them quickly before they can go through the higher bills first?
The rapid expansion Fed balance sheet via the QE program is unhealthy, and it mainly creates inflation and helps the people in the financial world, while the interest rate affects the living cost of every ordinary people.
I think the Fed should start the rapid balance sheet reduction first, while raising the interest rates only after the reduction is finished, and give some time to the ordinary people to let them have enough income to pay for their monthly bills.
Recently, lots of investment banks and financial institutions urge a quicker increase of the Fed rates, which will only benefit themselves but not the general public, as the investment banks have already purchased lots of derivatives against the well-informed rates rise. The quicker raising rates make the financial cost and holding time value premium of the hedging derivatives lower, and the higher rates let the banks earn much higher interest payments after these hedgings. While ordinary people have not done any hedging.
Originally, the bankers should not earn so much profit from these hedgings. But if the rates are raised much higher and quicker, the bankers can get big profits from the lower cost derivatives, and also enjoy higher interest payments from their fixed-income securities holdings after this profit, while they also earn the money from the loss which Fed made during the selling of their holdings with a lower price after its rates rise.
Rates up first -> bonds price down -> later Fed reduce balance sheet with a lower price -> public Fed lost money to private bankers -> BAD.
Reduce balance sheet first with a normal price before rates up -> public Fed does not lose -> raise the rates after balance sheet reduction -> GOOD.
After transferring so much wealth from the public into the private bankers via a quick hudge rates rise, If the balance sheet is still not reduced, a recession will come as every ordinary people are suffering from the rapid huge rates disruption without hedging, and Fed will just see the increase and later reduce the rates, as well as, create an even bigger unhealthy balance sheet!
What is more, in order to maintain the US dollar hegemony, both reducing the Fed balance sheet and keeping the Fed rates stable are very important, as no one wants to hold a volatile and massive expansion thing.
In history, the last several rate hike cycles have never brought the US equity market down. Please compare the full chart of SP500 and federal funds rate! How could the raising rates reduce the price of assets?
If the fed reduce the balance sheet without raising rates, the house price will go down, and the monthly mortgage payment will be steady. People will find an easier life.
If the fed raise the rates without reducing its balance sheet, the house price will still be super high, and the people have to pay much higher mortgage. People are suffering!
Ukraine was just e couple months ago. Has 0 to do with the inflation we feel now, that war effects are coming next.
The BS composition itself in terms of liquidity & approaching maturities have to be taken into account. The Fed holds more MBS then all aggregate dealers combined. Flooding the market with offloaded MBS won't bring the housing market down, it would collapse it, all together. Not a solution.
Hedging derivative positions at a bank, if say, you're practicing delta hedging & monitoring for gamma, would have a higher funding cost with an increased benchmark RFR, so I'm not sure how that's a cheaper option for the bank. In fact, the rate hikes they are anticipating ( not calling for ),.are extrapolated from the bond market. Rising rates is not a unidemonsial phenomena. Pushing the FFR up too high, too fast hits shortest maturities, most immediately. Granted, the curve has already shifted up in anticipation of the rate hikes, but had there been no anticipation of rate hikes & solely QT, once you did hike, you'd have much higher volatility in prices across asset classes, as liquidity has been pulled from the system & also threaten an extended inverted yield curve. Increasing rates in isolation doesn't help a bank if the curve inverts, regardless of the level.of rates. So in terms of rates, the level, rate of change of those levels & the shape of the yield curve have to all be considered together in terms of issuing policy. If rising rates were the sole function of increasing valuations on banks, I would expect those P/Es to be higher now, than 2019, since we've pushed ~+2
5%, from being nearly zero bound for a decade. But those P/Es are not.
Mortgage rates had to rise to offset excess demand relative to supply. Pulling liquidity out of the market, would cause a rise in these rates anyway, it's the same approach Volker took in the 80s. These rates took off sharply & mortgage applications are down 40% YoY. Eventually, when supply increases In tandem with waning demand, housing prices fall, as sellers now compete w increased qty of sellers, relative to a smaller pool of willing buyers. Rates also need go rise to slow money velocity. This is the primary driver to control for. Rates are essentially the price of money. By trying to keep the price essentially "free", money velocity would not decline fast enough, relative to a BS runoff in isolation. All it would achieve is prolonging sustained hgh levels of inflation, which hurts "ordinary" people much more than it does those who own more relative wealth. Low yields/longer sustained high level of inflaton > decreasing liquidity > unattractive investment > BAD.
Really clear and great comment, you should be pay for this short analysis. Its only hypocrisy, they don't care about how ordinary people suffer and live.
Why house price will increase if fed raise rates before b/s reduction ? The resuld would be house price decline and higher mortgage payment.
Mantap ! Ibu Sri M !!!
western countries care about the Ukrainian people but don't care about Palestine, for us the Indonesian people really admire Russia, a strong country against all who don't understand
Very true I live in England and can see the British very positive attitude to refugees from Ukraine than others .Subconscious racism
@@lbcthinkingoutloud3427 then why did the British help Ukraine? and why western countries don't care about humanity towards Palestine, western countries bring humanity but that's a lie
your comment is out of context. It's a economic matter, not a political one they are talking about..Not political..I hope you can be smarter if you comment next time!!
@@Mukololon Yes, they bring political issues to economic meetings
So you only care about Palestinian but not ukrainian? Oh the irony
Proud of you Bu Sri Mulyani 👍🏾
Love you Sri Mulyani, on behalf of Southeastasia
Sri mulyani is so cool
country of provocateurs / provocations, slanderers & sources of slander this is the real king usa of america and england
Bunch of crooks. And the debate moderator lady is great at asking pointless easy questions
And you’re a genius? Lol
mantull (great!) bu minister Sri Mulyani, world will count on us. Hail Indonesia! Merdeka 🌻🌻🕊
Ekonomi dan politik kayak Amerika China ambruk satu ambruk semua.
Indonesia cari jalan berbeda tapi tidak menjatuhkan orang lain.
Indonesia so proud
sri mulyani menjadi salah satu contoh di hidup saya
The problem with energy is long term government meddling in the energy industry. How is it a shock that when governments demonize traditional energy forms they refrain from investing in new supply. This is a government created issue.
You’re are close, more like the greed of America Oil and Gas companies keeping this for not happening.
But Elon the disruptor is now showing the people the way out.
America Oil and Gas companies knew this was coming for over 15 years but kept their Senator buddies in power to fight this. While China is trying to beat the US in developing this market.
But Elon is genuine he put together a whole ecosystem. Wait until the release of the phone that will have his battery and solar technology behind it.
@@Kemet3.0 lol the energy companies are pushing global warming. The greens are their useful idiots. Why do you think reliable forms of energy like nuclear and coal are being ditched for wind and solar?. It's because of natural gas. It's the only energy form that can back up wind and solar. Big oil and gas benefit the most from the green agenda. Big oil uses the government to destroy energy sources that compete with oil and gas
Bayangkan ketika Ibu Sri Mulyani bersatu dan Berkerja sama dengan Ibu Karen Agustiawan, Susi Pudjiastuti dan Siti Fadilah Supari di dalam Kabinet 🙏🙏
Great debate, good questions and very informative, all participants was excellent!!!
Well done Sara ❤❤❤
Looking forward for the next interesting debate 🎉
Mrs Sri Mulyani Indrawati is a world class minister. I am proud of you.
Well Speech Minister of Finance from Indonesia without Intervention - Collusion
Sri Mulyani 🥰💯
Aku bangga dgn NKRI ,negara kesatuan republik indonesia ,kereen ...luar biasa
Bu srimulyani is the best finance minister in Indonesia,,
The point is recover together no countries left behind..together stronger..
Ibu Mentri ku...sehat-sehat selalu. Amin
Indonesia will be the great country in the short coming time.. Thanks to bu Sri Mulyani, you are the best ever
Our inflation is caused by elitist would never feel the impact of their policy or decisions on a personal level. Inflation is not primarily being caused by supply chains. This people think we are all stupid. None of them actually care about a single regular person.
Yass
We proud of you Mrs. Sri Mulyani
Nice to see someone mention their mistakes on inflation & how they act like 8 year olds around 102.. Even though i think some of the consequences are intentional
Sri Mulyani on fire 🔥🔥🔥
Oh my God. We have FED chairman, European Central Bank President, IMF managing Chairman, and our (proudly present srikandi) ministry of finance. I've never felt this proud of my country before 😊
Indonesia bangga Bu srimulyani ❤️👍
Love Sri Mulyani from Depok
"Why are you not sounding hawkish like J Powell in terms of tackling inflation?"
Lagarde: " Because I'm not a hawk 😎 🚬 🎤"
Lagard only lies from 10 years hahahaaha EU is just a joke
Is Lagarde still not locked up?? 🤮🤮🤮🤮🤮🤮
I think Mrs Sri Mulyani has misquoted when she says Indonesia's exports have been rising up, Since Foreign debt is up to more than $ 400 billion, the impact of the Covid pandemic then followed by Political economic decisions that seemingly come closer to China's interest, Indonesia's currently trade balance is in the worst deficit in history
Great..i'm proud of you Bu Sri Mulyani..
Some Warnings for IMF and World Bank
1. gold is a currency not paper money or us dollars.
2. stop bank interest
3. give some of the wealth to the poor
Sara Eisen 🔥
Proud of Bu Sri Mulyani
Mbok Sri...... Aku bangga padamu mbok e. Semangat
When having women is more important than competence in such important positions
Monetary Policy cannot solve issues with supply shocks such as oil etc.
Hopefully foreign countries choose Mrs. Srimulyani to be the head of the UN IMF.. The Unitary State of the Republic of Indonesia must fly
She's kind of mean to people with tightening tax in Indonesia, but she's excellent at controlling the monetary. Our minister is a genius. Proud of her!
proud fo you bu Sri Mulyani.
Sri Mulyani is amazing