*Having a hedge fund manage your portfolio is still one of the most guaranteed way to make enough profits in the forex market. When you can't trade due to emotions and lack of discipline then it's best you allow professional to manage your portfolio and that's why I will always recommend Bullhedgefund to amateur traders before they loose their whole money in this crazy market*
an interesting little fact: most "digital money" bank reserves are actually text files--yes like in Notepad, not actually digital data. Why? Well, it doesn't matter what year it is in the real world, it is always 1942 in Washington, DC.
I disagree with the Fed independence point. All central banks are at their government's orders today. In the BCE it is quite clear already, but for the Fed it is more evident as months go by that, if they were ever independent, they are not today. In others words, they will never hurt the US Treasury, if it comes to it, they will back off and buy as much bonds as it is necessary. Politicians know this and keep on spending like drunken sailors, increasing debt ceilings as needed. The central banks pretend to fix the inflation mess they have created. Their fix means stressing the productive sector of the economy, which is supposed to take the bulk of the adjustment. But governments are not required to adjust themselves, in fact they waste money even faster, which is fuel for inflation that the private sector will have to offset with an even bigger effort or suffering on their side.
They are not controlled by anyone in congress. They can’t even audit them. How is that not independent? At the moment anyone calling for an audit of the Federal Reserve can be surveilled by the FBI because they can consider them extremists. Not lying. Wish I was but it’s on their list. How could wanting the Fed audited extreme? It’s all done to get the world banking families richer by charging interest on money they force governments to borrow.
Banks don't create money. They borrow it from the Fed which is why the federal interest rate is significant. A bank's interest rate it gives to a borrower will ALWAYS be higher than the rate the bank got from the Fed because they need to make some profit to pay for the physical building they are in, their website, all their employees, and anything else they have to pay for.
The fact that we have a central bank controlling all interest rates for everyone is way too much power in one place. No market, no competition, etc The entire economy should not depend on ONE bank setting an a ONE metric, the interest rate.
@@WhydoIsuddenlyhaveahandle While I agree with you fundamentally, that not the correct causation. The Fed is a subsidizing entity. It's a lender of last resort. One of a central bank's main purpose is to be an always available lender at a set rate. The fed doesn't "control" interest rates per se, it just sets a minimum and all the banks leech off it to resell that money to you at a higher rate. Which the negative effects mainly exist in reducing investment and savings, increasing consumption, and careless spending of future money on bad investments that are only profitable because of a subsidized rate on the debt they are taking on. It's stealing from the future to build zombie companies and capital today.
Fiscal policy and monetary policy are different but they are very much connected. The way the Federal Reserve typically creates new money is by buying Treasury securities. This lowers interest rates for the federal government to borrow and enables greater spending than would be possible with a sound monetary system. The unique thing about money is that it isn't consumed when it's used. It isn't like wheat or oil. It just transfers hands and can then be spent again. As long as the money is sufficiently divisible, any quantity of money is sufficient. The notion that deflation is per se bad is another myth.
While the federal reserve doesn't give money to the federal government, the federal government's massive borrowing to fund defecit spending can significantly affect the market. This essentially forces the hand of the federal reserve to respond via money creation, or interest rates will skyrocket due to supply & demand. Money creation over the growth rate for goods and services then leads to inflation. The government got to spend its money before inflation, and the inflation has lead to a devaluation of savings...
The best way to comprehend inflation is to imagine a balance scale. On one side is all the things that are available to be purchased (cars, food, hotel stays, maids, plumbers, anything). On the other is all the US dollars in existence (both digital and physical). At any given moment both sides are always equal to each other. Every dollar is worth an equal portion of the stuff side. Inflation is when you cut the pile into a larger number of portions by adding more dollars, each dollar becomes a smaller share of the pile. Deflation is when the opposite happens. The amount of stuff on the one side is constantly changing as some things are purchased or otherwise cease to be available and other things are created or otherwise become available. The Fed tries to guess the net change and change the amount of dollars on the other side accordingly. They favor creating dollars a little faster than the rate of growth of the stuff side since the way the government calculates whether the economy is healthy favors mild inflation. High inflation like we recently experienced is because they added dollars a lot faster than the economy added stuff. Some people have figured out to use inflation to make money. You buy something expensive on credit at a low interest rate and then sell it for a big enough profit a couple years later that allows you to pay off the loan and have more left over than you've put in to servicing the loan. You don't have to be good at speculative investments to do this if inflation is higher than your loan's interest rate. People who prefer to save their money prefer deflation as saved money becomes more valuable in that environment.
The FED creates debt not money, according to the US Constitution only GOLD and SILVER is money. The FED act of 1913 did not, nor can over-write the US Constitution.
This guy is a nitwit, he has no clue about money. Learn from Mises' Human Action: actual money supply is meaningless for the speed of an economy; the important thing is whether the growth in money supply is natural from loans for production processes or money supply growth by fiat.
Very few Americans are actually fiscally literate. If more were, we'd be in a better place as a country.
I'd like to think so, but I don't have that much faith in most persons cognitive abilities regarding other aspects of their life.
With Weekly 68k consistently. To anyone reading this keep pushing and believing
*Having a hedge fund manage your portfolio is still one of the most guaranteed way to make enough profits in the forex market. When you can't trade due to emotions and lack of discipline then it's best you allow professional to manage your portfolio and that's why I will always recommend Bullhedgefund to amateur traders before they loose their whole money in this crazy market*
Definitely hedgfunds have more liquidity and techs that guarantees the consistency. This is actually my 3rd year working with the Bullhedgefund comp.
How can I get to them?
an interesting little fact: most "digital money" bank reserves are actually text files--yes like in Notepad, not actually digital data. Why? Well, it doesn't matter what year it is in the real world, it is always 1942 in Washington, DC.
I disagree with the Fed independence point. All central banks are at their government's orders today. In the BCE it is quite clear already, but for the Fed it is more evident as months go by that, if they were ever independent, they are not today.
In others words, they will never hurt the US Treasury, if it comes to it, they will back off and buy as much bonds as it is necessary.
Politicians know this and keep on spending like drunken sailors, increasing debt ceilings as needed.
The central banks pretend to fix the inflation mess they have created. Their fix means stressing the productive sector of the economy, which is supposed to take the bulk of the adjustment. But governments are not required to adjust themselves, in fact they waste money even faster, which is fuel for inflation that the private sector will have to offset with an even bigger effort or suffering on their side.
They are not controlled by anyone in congress. They can’t even audit them. How is that not independent? At the moment anyone calling for an audit of the Federal Reserve can be surveilled by the FBI because they can consider them extremists. Not lying. Wish I was but it’s on their list. How could wanting the Fed audited extreme? It’s all done to get the world banking families richer by charging interest on money they force governments to borrow.
Banks don't create money. They borrow it from the Fed which is why the federal interest rate is significant. A bank's interest rate it gives to a borrower will ALWAYS be higher than the rate the bank got from the Fed because they need to make some profit to pay for the physical building they are in, their website, all their employees, and anything else they have to pay for.
The fact that we have a central bank controlling all interest rates for everyone is way too much power in one place. No market, no competition, etc
The entire economy should not depend on ONE bank setting an a ONE metric, the interest rate.
@@WhydoIsuddenlyhaveahandle While I agree with you fundamentally, that not the correct causation. The Fed is a subsidizing entity. It's a lender of last resort. One of a central bank's main purpose is to be an always available lender at a set rate. The fed doesn't "control" interest rates per se, it just sets a minimum and all the banks leech off it to resell that money to you at a higher rate.
Which the negative effects mainly exist in reducing investment and savings, increasing consumption, and careless spending of future money on bad investments that are only profitable because of a subsidized rate on the debt they are taking on. It's stealing from the future to build zombie companies and capital today.
Fiscal policy and monetary policy are different but they are very much connected. The way the Federal Reserve typically creates new money is by buying Treasury securities. This lowers interest rates for the federal government to borrow and enables greater spending than would be possible with a sound monetary system.
The unique thing about money is that it isn't consumed when it's used. It isn't like wheat or oil. It just transfers hands and can then be spent again. As long as the money is sufficiently divisible, any quantity of money is sufficient. The notion that deflation is per se bad is another myth.
While the federal reserve doesn't give money to the federal government, the federal government's massive borrowing to fund defecit spending can significantly affect the market.
This essentially forces the hand of the federal reserve to respond via money creation, or interest rates will skyrocket due to supply & demand.
Money creation over the growth rate for goods and services then leads to inflation. The government got to spend its money before inflation, and the inflation has lead to a devaluation of savings...
The best way to comprehend inflation is to imagine a balance scale. On one side is all the things that are available to be purchased (cars, food, hotel stays, maids, plumbers, anything). On the other is all the US dollars in existence (both digital and physical). At any given moment both sides are always equal to each other. Every dollar is worth an equal portion of the stuff side. Inflation is when you cut the pile into a larger number of portions by adding more dollars, each dollar becomes a smaller share of the pile. Deflation is when the opposite happens.
The amount of stuff on the one side is constantly changing as some things are purchased or otherwise cease to be available and other things are created or otherwise become available. The Fed tries to guess the net change and change the amount of dollars on the other side accordingly. They favor creating dollars a little faster than the rate of growth of the stuff side since the way the government calculates whether the economy is healthy favors mild inflation. High inflation like we recently experienced is because they added dollars a lot faster than the economy added stuff.
Some people have figured out to use inflation to make money. You buy something expensive on credit at a low interest rate and then sell it for a big enough profit a couple years later that allows you to pay off the loan and have more left over than you've put in to servicing the loan. You don't have to be good at speculative investments to do this if inflation is higher than your loan's interest rate. People who prefer to save their money prefer deflation as saved money becomes more valuable in that environment.
The FED creates debt not money, according to the US Constitution only GOLD and SILVER is money. The FED act of 1913 did not, nor can over-write the US Constitution.
Sounds like a lot of bureaucratic spending and fuzzy math.
This guy is a nitwit, he has no clue about money.
Learn from Mises' Human Action: actual money supply is meaningless for the speed of an economy; the important thing is whether the growth in money supply is natural from loans for production processes or money supply growth by fiat.
Honestly this is a shitty explanation in my opinion. Commercial banks create most of the money supply by issuing new loans.
This guy does not understand basic economics