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Johnroberts, that is when the fed should have been raising interest rates to kill this inflation. Inflation will come back even more next year. God bless you
Yea ever since the fed was allowed to even exist, further destroyed after we went off the gold standard. Every person and entity that works for the "FED" is the main cause of all the woes and income gaps. Before the Fed there was no inflation!! period, let that sink in.
Why do we feel poorer? Maybe because the gaslighting government keeps telling us inflation is 21% while we pay 100% more for our groceries at the store! And 100% more for fuel depending on which part of the country you're in.
Gas is in the $2.70s near me and lidl/ aldi have decent prices on groceries. My problem is housing, rent doubled in the past few years, and a small starter home runs 400k+
why Inflation is far more harmful to individuals in the state than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.
It has never been simpler to grasp how to expand your wealth than it is right now, thanks to the availability of competent portfolio advisors that can help you experience and learn about a market with a wide range of assets. I think it's impossible to predict how changing dollar values will affect assets.
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.
Thank you so much! This is exactly what I needed right now. I wrote her an email and am waiting for her reply. Hopefully, she responds soon. I plan to start the year on a strong financial note.
One of big problems is two neighbors can have identical homes.. but one guy is paying $1,600 per month because he bought in 2011 but his younger neighbor bought in 2023 and its paying $3,100 per month. Even if these two neighbors have the same income (in reality the older guy with the cheaper mortgages probably makes more) and you ask them about the economy, I bet you will get different answers.
@@Marriage1stGod based on your username I would guess you're a person of faith, and a particular faith at that. I wonder if your Creator calls you to compassion and intelligence? Or is your faith more of a "everyone's on their own and tough luck for the poor and downtrodden?" Because the economic problems were having right now have everything to do with a handful of greedy people who have stepped over the lives of millions over the last two centuries to generate the wealth disparity that exists. I would wager that a camel has a better chance of passing through the eye of a needle than that those people who have led us to this place would see heaven. And if a moral appeal to your conscience doesn't push back on your "so what" then we can talk the calculus of economics. What do you think the first and second derivatives of these indicators he's talking about in the video mean when integrated over time?
In today's economy, the value of a million dollars has diminished significantly. Factors such as inflation have eroded its purchasing power, making it insufficient for a comfortable retirement for many individuals. The discussion emphasizes that for a secure financial future, especially when considering long-term factors like inflation, individuals may need to aim for a financial goal higher than a million dollars.Considering the diminishing value of traditional currencies, it's time to diversify and look into crypto trading! With the potential for high returns and a hedge against inflation, cryptocurrencies would be the key to securing your financial future. Dive into the world of crypto and stay ahead of the curve,I've personally benefited from following Leasie Aiken's trading tactics, amassing 23 bitcoins in a short seven weeks period of day trading , which speaks volumes about her expertise in the market.
my rent has doubled since 2020, my food bill is at least 50% higher. My wages while working never kept up, I saved every penny and invested it, but every year I had less to invest. I was encouraged to retire at age 60, and while not fully ready I knew what they had done to others and prepared. I taught my self option trading and invested in cef, bdc, reits, covered call funds etc. Honestly doing much better than when I was working a job but I feel more self employed than retired. There doesn't appear to be anyone in washington that's on our side. We are on our own
@@zinzayzinzay3085 It's not about caring about an individual it's about caring about a nation. The democrats want to tear down and destroy the United States to grind it to dust to end its existence on the world stage in favor of the countries that actually represent. To be fair a good chunk of the republicans are in on this, But at least there are some republicans that are standing up and saying no I'm trying their best to take our country back and return us to prosperity in some small form
If wages don’t keep up inflation and you have to lock up your income in some investing account that just makes you even poorer because that money is still locked up and you can’t use it. Lmao
I see more homelessness in my city. It was once a booming city and now homelessness has been rising. Rent here is increasing faster and affecting the people with fix income. Some might have to work an additional job pay for their bills. Prices of everything is going up while our wages are not keeping up with the price.
Sounds like investors are getting all the money while labor is not getting any stronger. Have incomes kept up since the 70s? I believe that's the issue your not seeing. Purchasing power of the proletariat has shrunk, to the point where here in Canada we can't buy a house. These investors don't care about the country. They don't care that the average person is getting poorer. We are not used to this level of poverty coming, we are not used to the poverty other countries see. We are going to see that soon. Thanks for hearing me bud.
Wall Street is propped up by the printing press and while main street is told to just "work harder." Been this way for decades, but now it's coming to a head.
@@stanford2444Government doesn't build anything. They hire contractors in the private sector using tax money from the, you guessed it, the private sector. The government basically coordinates (if that) and takes a big commission (taxes).
Now I see a lot of restaurants and businesses starting to fail. The consumer cannot afford all the inflated items and are spending using credit cards. Eventually the cards get maxed out and the businesses will be hit. If inflation keeps outpacing wages there will be a crises. If enough debt gets unpaid and businesses fail, there will be a strain on the economy.
I have to disagree with that one word “feel” poorer… The reality is we ARE poorer because those who are rich and can invest in the stock market, real estate etc are profiting off of others misfortune.. Such as the land grab after the Hawaiian fires and recently the areas affected by hurricanes Helena and Milton.. Why there isn’t laws against such theft is beyond me .. Just to mention one in a very long list of unfair business and economic affairs in this country
Think of it like Germany's propaganda machine . Telling the people their country is winning ..................as they see Russian tanks going down the main street of town .
Covid was a curveball, in addition to this channel listen Dave Ramsey. He says what goes on in your home is more important than what is going on outside, continue to be smart with your money
Over the long run, wages can’t increase more than inflation, because wages are a cost of producing goods and services, and the price of goods and services must always be higher than the cost.
@@thetapheonix Henry Ford increased worker wages in the short term, he didn't increase it repeatedly over the long run. And, Ford never let his per unit costs exceed his per unit price. While Ford nominally decreased the prices of his base models, he simultaneously decreased production numbers of base models and introduced "upscaled" models (at significant price increases) to more than cover the revenue loss. Finally, a lot of Ford's workers never got the promised pay increases, because they failed to satisfy a number of conditions that involved interfering in workers' personal lives, such as banning alcohol and not allowing workers to rent rooms in their homes to borders.
When the inflation is cooling then why is cost of car insurance still high , cost of eggs still high ? Data is all manipulated but average person feels it !!
It’s the rate of inflation that is cooling or slowing down. All the inflation we’ve seen up to this point is already done and will not go away. Keep in mind this literally all exploded in the last four years…if you catch my drift.
For prices to come down we would need the opposite of Inflation which is Deflation but this is something politicians fear more than the plaque due to bad experience in the past.
Inflation is off the chart and government is keep lying, which doesn’t helps. Right now, we are family of five. My wife and I both have two jobs (Pretty decent jobs) yet, we are still living paycheck-to-Paycheck
Three words: Adjusted for inflation I’ve never had to look for the cheap meats in the grocery store until Biden caused record inflation. We’ll be eating ramen if Kamala is elected.
Nope worse. We'll be eating ramen from a rich man's left over. President Trump for the common people's president. God bless America and president Donald J Trump and his family.
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income. I am a Data Scientist, but currently looking at the stock market to fuel my retirement goal of $4M. My only concern is the recent market crash. Do I stay 100% cash and wait for a bull market, or go ahead and invest anyway?
Agreed. I'm quite lucky to have been exposed to finance at an early age. I started a full-time job at 19, purchased my first home at 28. Moving forward, I got laid off at 36 amid the COVID-outbreak and immediately consulted an advisor. As of today, I'm just about 10% shy of $1m after significant investments.
@@havarez1234 I've worked in real estate for 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, but I need a different plan now. Mind if I look up the professional guiding you, please?
Personally, I take guidance from a well-spoken advisor, ''Sophia Verdekal O'neal.'' She's quite known in her field of work with over two decades of experience.
Thanks for the lead! Just searched Sophia by her full name on the internet, spotted her consulting page, and was able to schedule a call session no sweat. She is very professional.
The government numbers is a tale of two stories and these numbers are always being realistically reset in the following months. Hmmmm??? Increased government spending is inflation. For years, the Fed has not gone after government spending and Congress has not had a budget!!! Really?!
I remember when Jesus said, "blessed are the investors, for anyone not savvy enough to invest in funds driven by companies whose practices destroy the Earth and crush the labor class and the poor, don't deserve to inherit the Earth." I'm not a Christian so I might have the quote slightly wrong. I do seem to remember something in there about having zero compassion for those that are struggling and to look with disdain on those who aren't "smart enough" to stop being poor.
@@bobicus People with money are isolated from reality, particularly the ruling class. JFK noted it himself. He lived through the depression but only learned about it in university, because he lived on family compound. If you have money, life is different for you. You get a better justice system, doors are open to you. The people with the money rule the people without, and are ok when those without incur horrible suffering because the rich are in an "Ivory Tower". The issue is, you have no idea what that story is or the implications behind it that we have now.
Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?
This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
Sophia Irene Powell is the coach that guides me, She has years of financial market experience, you can use something else but for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
For me as a middle class white collar worker the reason is very simple. In 2024 everything costs significantly more than it did before the pandemic. And neither my salary nor my wife's salary was increased at an equivalent amount to counteract the increased cost of everything. I did get cost of living increases (of up to 2.5% each year) however my wife got even less.
@@kingdomross8974Yes however we had double digit % losses in 2022 and that combined with everything being significantly more expensive it seems the increase in retirement is a wash at best.
worker comp , malpractice, home insurance, food, travel, gas, health care COST are all out of control... and rising. Profit margin is much less even for the rich.
I live in Texas water and electricity are roughly 450 a month combined and my grocery bill is close to 1,000 a month regardless of who becomes president shit is only going to get worse before it gets better and who knows how long that will take but on a side note thank you for all the content it is very helpful
Like you said government want inflation, but they have problem it is not easy to create it without c-19 or similar events, look what happened with inflation in 2020, if you will not buy goods and services at higher prices you will not have inflation, if you not take credit from bank or buy a house you will not have inflation and they know this, look at Japan or China. Whole world is going in to deflationary period and this is big trouble for debt economics, because in deflation it is much harder to pay debt without cutting spending.
I like this narrative and it is the way it should work...but deflation will never happen as long as we have a fiat currency that can be printed into infinity. We have seen a lot of countries in Latin America and Africa print their way into everlasting disaster and crushing poverty for most workers... incredibly, the higher the hyperinflation the harder it is to dislocate those regimes, in many cases because people get ever more dependent on government subsidies and handouts as their wages purchasing power erodes under inflation. Legit businesses also become harder to sustain as power-hungry governments make it all but impossible to get ahead without their involvement. Sad...but it is how it works. I think if we keep heading down this road we will end up where many other third world countries found themselves...with widespread wage poverty, hyperinflation, hyper-dependence on government, and a severely diminished currency brought on by mismanagement. Unfortunately businesses hate deflation...it is their kryptonite...so they will ally themselves with the politicians pushing for higher inflation (as we have seen lately)...it is a short-sighted move, but was done in the past and will be done in the future many times. If we ever see deflation is because the currency creators are not creating enough money or adding extra zeroes and handing it out like tic-tacs...could happen, but I wouldn't count on it.
This is what happens when people spend free $$. If you bought a new TV or went on vacation with your stimulus instead of investing you are losing $$ now. We need to accept that the economy needs to shrink. Then things will balance out. Stocks can't always go up. We need a buying opportunity.
During the last 4-5 years the increase in self employment such as share drivers and other self employed workers that came out of the pandemic don’t qualify for unemployment therefore report as lower and there wages didn’t keep up so that’s why a lot of people are going thru it too . Small business is getting hit left and right
Despite your findings, not everyone can invest all at the same time. A large segment of the population, providers still have to put food on the table to feed their familes, put gas in their tanks to go to work, pay for heat and electricity, most mortgage payments are over $2k, pay for insurances etc etc etc...Who cares about investments when there are financial obligations? What you are asking from majority of the Americans who don't have the means to invest is to squeeze water out of a rock? We are not like the investor.
Teach your kids 🤷🏽♀️. Adults who chose this route have already made their choice and like you said due to the familial obligations it’s virtually impossible to pivot but instilling this knowledge into your kids will be a game changer.
There is a great video on John Kennedy vs Janet Yellen over all this borrowing especially since interest rates are lower so why not borrow more debt and spend even more. Yellen was confused.
*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you..prevent inflation.*
I started investing in crypto and def earlier this year and it's the best decision I've ever made. My portfolio is now worth almost a million and I've realized that if a cryptocurrency hits the news, you're probably pretty late to the game. The idea is to get in on blue chips early before they go public. There are a lot of life-changing opportunities in the market that you should make the most of.
Hello, I am very interested. As you know, there are tons of investments out there and without in-depth knowledge, I can't decide which is best. Can you elaborate on how you invest and earn?
The same goes for me, I do a wide range of investments with the help of my financial advisor. I advise you to find a professional to help you plan and improve your management skills. By the way, working with Michael Wayne was a great experience.
A great video even though a lot of the commenters are just focused on / imagining political angles. I almost lost my mind on him not mentioning the debt interest as the obvious reason for why this year's deficit being bigger than before the massive deficits if 2020 and 2021...then he focused the rest of viseo on it. Big kudos
Most of the corporations in the US haven't changed their pricing. Why would they when it's time to make record profits. Auto industries are one of the worst when it comes to price gouging. Naive individuals still fall for their lies. Bring the Chinese auto makers into the US. Show to Ford, GM, VW, Stellantis, Toyota, Honda, and Hyundai what happens when you lose trust.
I read and article that the fed is pumping in alot of cash into the market, buying several million in equities monthly. That might artificially support the market growth we are seeing?
Thanks for the information!! All we need is the right advice on how to invest in crypto and we will be set for life, I made over a million dollars from trading this year regardless of the market conditions. All you need a good mentor to keep you accountable and an unwavering mindset.
Investors are going to need to worry a LOT more when the normal people can't afford to get a home. That's the fear I have for investor class. They don't care that the average person are loosing their homes. I am concerned they will turn violent and start burning things down because the investors keep finessing wealth away from the middle class. Are you familiar with the pareto distribution? What happens when the investors have all the money? French Revolution situation comes onto the table. Please factor in French Revolts in your thoughts. I mean, YEAH it's hell but its a possibility that we all need to work together to avoid.
Covid spending, supply chain issues and tariffs from 2018-2023 caused a lot of our inflation. But would help if the rich tax rates were where they should be!!!
Sir, What is your recommended remedy for national debt? Symptoms are easy to identify, cures much more difficult--any ideas? One cost not tabled is for several years The USA continues funding the war in Ukraine with 100s of billions--a proxy war yes, not saying worth it, or not, just yey another unexpected expense.
We are undoubtedly feeling the pressure of rising costs, with inflation climbing 15% each quarter. It's essential that Trump’s economic strategies and a more effective energy policy are implemented to combat this issue.
Yes, inflation is high. People buy what they want and what they need and still complain. Christmas is coming up, people is going to spend money like they crazy. Greed and overpricing is killing people.
Apply for a Market Briefs Pro content demo: briefs.co/pro/jaspreet
WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS!
There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through TH-cam comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
"Beginning" to lose trust? I lost trust back when they were saying that inflation was "transitory".
Johnroberts, that is when the fed should have been raising interest rates to kill this inflation. Inflation will come back even more next year. God bless you
Now losing trust? How about 20+ years ago? The lies just got too big to hide/ignore.
Yea ever since the fed was allowed to even exist, further destroyed after we went off the gold standard. Every person and entity that works for the "FED" is the main cause of all the woes and income gaps. Before the Fed there was no inflation!! period, let that sink in.
I lost trust in our government when they chose to lockdown and put millions out of work
I lost trust after they changed the definition of a recession right after we entered one.
Why do we feel poorer? Maybe because the gaslighting government keeps telling us inflation is 21% while we pay 100% more for our groceries at the store! And 100% more for fuel depending on which part of the country you're in.
Yea like the book. 1984. They say one thing but it's another
Shop better. My monthly groceries went from 750 to 900. You just don't track them properly
Just got a gallon of milk. $3.50 at Walmart. Gas $2.75, eggs $3. Biggest expenses is really the mortgage.
Gas is in the $2.70s near me and lidl/ aldi have decent prices on groceries. My problem is housing, rent doubled in the past few years, and a small starter home runs 400k+
People weren’t tracking their groceries Three years ago?
How else are they able to tell how much they’ve gone up - comparatively?
why Inflation is far more harmful to individuals in the state than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.
It has never been simpler to grasp how to expand your wealth than it is right now, thanks to the availability of competent portfolio advisors that can help you experience and learn about a market with a wide range of assets. I think it's impossible to predict how changing dollar values will affect assets.
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.
That's quite impressive! Can you share more information about your financial advisor?
Melissa Terri Swayne is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you so much! This is exactly what I needed right now. I wrote her an email and am waiting for her reply. Hopefully, she responds soon. I plan to start the year on a strong financial note.
They’re giving raises then laying off those that they gave raises to.
The good news: You're getting a 100% pay raise.
The bad news: Your hours are getting cut by 100%.
All they do is lie
Since birth 1776
The Party has been doing that since Lenin, Stalin, Mao, Castro.
One of big problems is two neighbors can have identical homes.. but one guy is paying $1,600 per month because he bought in 2011 but his younger neighbor bought in 2023 and its paying $3,100 per month. Even if these two neighbors have the same income (in reality the older guy with the cheaper mortgages probably makes more) and you ask them about the economy, I bet you will get different answers.
So what?
That's why when you snooze you lose. Many are saying it will be cheaper few years ago, but many missed the boat of good deals and prosperity.
@@Marriage1stGod based on your username I would guess you're a person of faith, and a particular faith at that. I wonder if your Creator calls you to compassion and intelligence? Or is your faith more of a "everyone's on their own and tough luck for the poor and downtrodden?" Because the economic problems were having right now have everything to do with a handful of greedy people who have stepped over the lives of millions over the last two centuries to generate the wealth disparity that exists. I would wager that a camel has a better chance of passing through the eye of a needle than that those people who have led us to this place would see heaven. And if a moral appeal to your conscience doesn't push back on your "so what" then we can talk the calculus of economics. What do you think the first and second derivatives of these indicators he's talking about in the video mean when integrated over time?
I'll bet they both will say the economy is bad. And it is.
@@j.l.salayao8055yah, all those idiots who weren’t born early enough. 🥴🥴🥴
In today's economy, the value of a million dollars has diminished significantly. Factors such as inflation have eroded its purchasing power, making it insufficient for a comfortable retirement for many individuals. The discussion emphasizes that for a secure financial future, especially when considering long-term factors like inflation, individuals may need to aim for a financial goal higher than a million dollars.Considering the diminishing value of traditional currencies, it's time to diversify and look into crypto trading! With the potential for high returns and a hedge against inflation, cryptocurrencies would be the key to securing your financial future. Dive into the world of crypto and stay ahead of the curve,I've personally benefited from following Leasie Aiken's trading tactics, amassing 23 bitcoins in a short seven weeks period of day trading , which speaks volumes about her expertise in the market.
She's mostly on Telegrams, using the user name
LeasieAiken
Leasie Aiken is among the best traders on the internet and I'll keep saying it every time.
This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.
Leasie Aiken knows her stuff! Her advice have been invaluable to my trading journey. Definitely worth giving a shot!
my rent has doubled since 2020, my food bill is at least 50% higher. My wages while working never kept up, I saved every penny and invested it, but every year I had less to invest. I was encouraged to retire at age 60, and while not fully ready I knew what they had done to others and prepared. I taught my self option trading and invested in cef, bdc, reits, covered call funds etc. Honestly doing much better than when I was working a job but I feel more self employed than retired. There doesn't appear to be anyone in washington that's on our side. We are on our own
remember all this tomorrow when you vote! one side wants to bring back prosperity, the other wants to give all our money away!
@@HighmageDerin Comrades, The Party knows what is best for us peasants.
Trump 2024!
@@HighmageDerinyour a fool if you think either side cares about you 😂
@@zinzayzinzay3085 It's not about caring about an individual it's about caring about a nation. The democrats want to tear down and destroy the United States to grind it to dust to end its existence on the world stage in favor of the countries that actually represent. To be fair a good chunk of the republicans are in on this, But at least there are some republicans that are standing up and saying no I'm trying their best to take our country back and return us to prosperity in some small form
We don’t feel poorer, we are poorer. We may be making more money than ever but the value of that money is declining faster than we are making it.
The future will be simple. 'It'll be 'The Haves and The Have Nots'!
The few haves
well for some, others will start building communities outside of the government scope to as much as they can.
the elites are desperately trying to bring back Feudalism!
marx predicted this so long ago he was dang near a prophet
You are correct Jaspreet. The biggest scam is that housing is not part of the CPE index.
This is becoming a winner takes all economy.
If investing in the stock market is the only way to keep up with inflation, then I would say fundamental capitalism is broken.
Fundamental socialism
Wages should keep ahead of inflation, so yeah its all fubared now. Thats what creates a middle class.
If wages don’t keep up inflation and you have to lock up your income in some investing account that just makes you even poorer because that money is still locked up and you can’t use it. Lmao
We love you Jaspreet
For honest videos
Vote trump
@ am 100% percent support President Trump
I see more homelessness in my city. It was once a booming city and now homelessness has been rising. Rent here is increasing faster and affecting the people with fix income. Some might have to work an additional job pay for their bills. Prices of everything is going up while our wages are not keeping up with the price.
Sounds like investors are getting all the money while labor is not getting any stronger.
Have incomes kept up since the 70s? I believe that's the issue your not seeing. Purchasing power of the proletariat has shrunk, to the point where here in Canada we can't buy a house. These investors don't care about the country. They don't care that the average person is getting poorer. We are not used to this level of poverty coming, we are not used to the poverty other countries see. We are going to see that soon.
Thanks for hearing me bud.
Wall Street is propped up by the printing press and while main street is told to just "work harder." Been this way for decades, but now it's coming to a head.
💯
We need land use and code reform along with easier permits to build more housing especially in California
and then limit Blackrock and similar corps along with somehow limiting housing barons to not buy them all up.
Government spending does NOT stimulate the economy, in REAL terms. Government can only take. It does not create value, at all.
When did Apple build a road?
In fact more government digits devalue it.
@@stanford2444 Since when can you claim a road as A asset????
@@stanford2444 That is basically all the government should do. Build roads and shut up.
@@stanford2444Government doesn't build anything. They hire contractors in the private sector using tax money from the, you guessed it, the private sector. The government basically coordinates (if that) and takes a big commission (taxes).
Now I see a lot of restaurants and businesses starting to fail. The consumer cannot afford all the inflated items and are spending using credit cards. Eventually the cards get maxed out and the businesses will be hit. If inflation keeps outpacing wages there will be a crises. If enough debt gets unpaid and businesses fail, there will be a strain on the economy.
I’m seeing businesses fail, then it reopens with a new one. Like a japanese restaurant later becomes a Indian restuaurant.
I have to disagree with that one word “feel” poorer… The reality is we ARE poorer because those who are rich and can invest in the stock market, real estate etc are profiting off of others misfortune.. Such as the land grab after the Hawaiian fires and recently the areas affected by hurricanes Helena and Milton.. Why there isn’t laws against such theft is beyond me .. Just to mention one in a very long list of unfair business and economic affairs in this country
The stock market is artificially propped up. Our financial system has reset everywhere but there. There's no value to be found. It too needs to reset.
Think of it like Germany's propaganda machine . Telling the people their country is winning ..................as they see Russian tanks going down the main street of town .
Bahgdad Bob!
Gaslighting in America is wicked.
Covid was a curveball, in addition to this channel listen Dave Ramsey. He says what goes on in your home is more important than what is going on outside, continue to be smart with your money
Are you dumb and can’t spell? Why should people listen to you
Ground beef is 6$ a lb lol used to be 1.99
Over the long run, wages can’t increase more than inflation, because wages are a cost of producing goods and services, and the price of goods and services must always be higher than the cost.
That is not true. If it was Henry Ford would have gone out of business.
@@thetapheonix Henry Ford increased worker wages in the short term, he didn't increase it repeatedly over the long run.
And, Ford never let his per unit costs exceed his per unit price.
While Ford nominally decreased the prices of his base models, he simultaneously decreased production numbers of base models and introduced "upscaled" models (at significant price increases) to more than cover the revenue loss.
Finally, a lot of Ford's workers never got the promised pay increases, because they failed to satisfy a number of conditions that involved interfering in workers' personal lives, such as banning alcohol and not allowing workers to rent rooms in their homes to borders.
When the inflation is cooling then why is cost of car insurance still high , cost of eggs still high ? Data is all manipulated but average person feels it !!
Not increasing as quickly is not equal to going down
Because cooling inflation doesnt mean prices are coming down. It just means prices are increasing at a lower rate.
It’s the rate of inflation that is cooling or slowing down. All the inflation we’ve seen up to this point is already done and will not go away. Keep in mind this literally all exploded in the last four years…if you catch my drift.
For prices to come down we would need the opposite of Inflation which is Deflation but this is something politicians fear more than the plaque due to bad experience in the past.
They lie about the numbers.....and good sales reports for corporations on inflated prices is not a strong economy for most.
S&P down like 18% this year when priced in real money silver and gold.
Inflation is off the chart and government is keep lying, which doesn’t helps. Right now, we are family of five. My wife and I both have two jobs (Pretty decent jobs) yet, we are still living paycheck-to-Paycheck
Three words: Adjusted for inflation
I’ve never had to look for the cheap meats in the grocery store until Biden caused record inflation. We’ll be eating ramen if Kamala is elected.
Nope worse. We'll be eating ramen from a rich man's left over. President Trump for the common people's president.
God bless America and president Donald J Trump and his family.
Expensive ramen that a lot of people won’t be able to afford for their family.
People are aware of in what terrible situation we are in, but they still vote for someone who put us into that. Why!?
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income. I am a Data Scientist, but currently looking at the stock market to fuel my retirement goal of $4M. My only concern is the recent market crash. Do I stay 100% cash and wait for a bull market, or go ahead and invest anyway?
Buying the dip is actually a good investing strategy, but it is more ideal to find solutions in the specialized expertise of advisors.
Agreed. I'm quite lucky to have been exposed to finance at an early age. I started a full-time job at 19, purchased my first home at 28. Moving forward, I got laid off at 36 amid the COVID-outbreak and immediately consulted an advisor. As of today, I'm just about 10% shy of $1m after significant investments.
@@havarez1234 I've worked in real estate for 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, but I need a different plan now. Mind if I look up the professional guiding you, please?
Personally, I take guidance from a well-spoken advisor, ''Sophia Verdekal O'neal.'' She's quite known in her field of work with over two decades of experience.
Thanks for the lead! Just searched Sophia by her full name on the internet, spotted her consulting page, and was able to schedule a call session no sweat. She is very professional.
The government numbers is a tale of two stories and these numbers are always being realistically reset in the following months. Hmmmm??? Increased government spending is inflation. For years, the Fed has not gone after government spending and Congress has not had a budget!!! Really?!
Unfortunately the data doesn’t take into account the full picture
People mistake the thing that measures the thing for the thing itself.
I remember when Jesus said, "blessed are the investors, for anyone not savvy enough to invest in funds driven by companies whose practices destroy the Earth and crush the labor class and the poor, don't deserve to inherit the Earth." I'm not a Christian so I might have the quote slightly wrong. I do seem to remember something in there about having zero compassion for those that are struggling and to look with disdain on those who aren't "smart enough" to stop being poor.
I’m wondering if all the insider trading going on in our politics has anything to do with the flourishing stock market. This is eye opening.
Of course it is
Google, plunge protection team. The fed is buying all the debt.
Small time investors do not make money… It just feeds the big one…. Little fish feeds the big fish.
Good morning. Great information.
Inflation cause = Government Overspending
FINALLY someone with money is telling it how it is!
why would the people with money matter. of course they are fine. wtf are you babbling about
@@bobicus People with money are isolated from reality, particularly the ruling class. JFK noted it himself. He lived through the depression but only learned about it in university, because he lived on family compound.
If you have money, life is different for you. You get a better justice system, doors are open to you.
The people with the money rule the people without, and are ok when those without incur horrible suffering because the rich are in an "Ivory Tower". The issue is, you have no idea what that story is or the implications behind it that we have now.
Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?
investors like you should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
Sophia Irene Powell is the coach that guides me, She has years of financial market experience, you can use something else but for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing
Yeah rent went up. And now health insurance, guarantee car insurance will too.
In in June, auto insurance went up 25% across the board nationwide. For some, depending on state,it rose as high as 40% more. 😡
The awesome view of the Detroit River! 😎
It's about control and who is going to take it. When something bad happens look at who wins. Chances are they did it.
Discipline and sacrifice are the two keys to any form of meaningful success.
For me as a middle class white collar worker the reason is very simple. In 2024 everything costs significantly more than it did before the pandemic. And neither my salary nor my wife's salary was increased at an equivalent amount to counteract the increased cost of everything. I did get cost of living increases (of up to 2.5% each year) however my wife got even less.
What about your retirement accounts did they go up too?
@@kingdomross8974Yes however we had double digit % losses in 2022 and that combined with everything being significantly more expensive it seems the increase in retirement is a wash at best.
worker comp , malpractice, home insurance, food, travel, gas, health care COST are all out of control... and rising. Profit margin is much less even for the rich.
Thank you
I live in Texas water and electricity are roughly 450 a month combined and my grocery bill is close to 1,000 a month regardless of who becomes president shit is only going to get worse before it gets better and who knows how long that will take but on a side note thank you for all the content it is very helpful
Like you said government want inflation, but they have problem it is not easy to create it without c-19 or similar events, look what happened with inflation in 2020, if you will not buy goods and services at higher prices you will not have inflation, if you not take credit from bank or buy a house you will not have inflation and they know this, look at Japan or China. Whole world is going in to deflationary period and this is big trouble for debt economics, because in deflation it is much harder to pay debt without cutting spending.
I like this narrative and it is the way it should work...but deflation will never happen as long as we have a fiat currency that can be printed into infinity. We have seen a lot of countries in Latin America and Africa print their way into everlasting disaster and crushing poverty for most workers... incredibly, the higher the hyperinflation the harder it is to dislocate those regimes, in many cases because people get ever more dependent on government subsidies and handouts as their wages purchasing power erodes under inflation. Legit businesses also become harder to sustain as power-hungry governments make it all but impossible to get ahead without their involvement.
Sad...but it is how it works. I think if we keep heading down this road we will end up where many other third world countries found themselves...with widespread wage poverty, hyperinflation, hyper-dependence on government, and a severely diminished currency brought on by mismanagement. Unfortunately businesses hate deflation...it is their kryptonite...so they will ally themselves with the politicians pushing for higher inflation (as we have seen lately)...it is a short-sighted move, but was done in the past and will be done in the future many times.
If we ever see deflation is because the currency creators are not creating enough money or adding extra zeroes and handing it out like tic-tacs...could happen, but I wouldn't count on it.
Thank you.
This is what happens when people spend free $$. If you bought a new TV or went on vacation with your stimulus instead of investing you are losing $$ now. We need to accept that the economy needs to shrink. Then things will balance out. Stocks can't always go up. We need a buying opportunity.
During the last 4-5 years the increase in self employment such as share drivers and other self employed workers that came out of the pandemic don’t qualify for unemployment therefore report as lower and there wages didn’t keep up so that’s why a lot of people are going thru it too . Small business is getting hit left and right
XAI91L is still extremely undervalued
very promising
It is funny that not everyone knows about XAI
When the world knows this, we already x50 🚀
Coinbase, OKX and Binance will list XAI very soon. We do not have much time left
Much better than all those shits altcoin with no utilities
Despite your findings, not everyone can invest all at the same time. A large segment of the population, providers still have to put food on the table to feed their familes, put gas in their tanks to go to work, pay for heat and electricity, most mortgage payments are over $2k, pay for insurances etc etc etc...Who cares about investments when there are financial obligations? What you are asking from majority of the Americans who don't have the means to invest is to squeeze water out of a rock? We are not like the investor.
Teach your kids 🤷🏽♀️. Adults who chose this route have already made their choice and like you said due to the familial obligations it’s virtually impossible to pivot but instilling this knowledge into your kids will be a game changer.
You don't sayyyy... Their job is to LIE
Could it be economic numbers are being embellished to prop-up a certain candidate?
There is a great video on John Kennedy vs Janet Yellen over all this borrowing especially since interest rates are lower so why not borrow more debt and spend even more. Yellen was confused.
*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you..prevent inflation.*
I started investing in crypto and def earlier this year and it's the best decision I've ever made. My portfolio is now worth almost a million and I've realized that if a cryptocurrency hits the news, you're probably pretty late to the game. The idea is to get in on blue chips early before they go public. There are a lot of life-changing opportunities in the market that you should make the most of.
Hello, I am very interested. As you know, there are tons of investments out there and without in-depth knowledge, I can't decide which is best. Can you elaborate on how you invest and earn?
The same goes for me, I do a wide range of investments with the help of my financial advisor. I advise you to find a professional to help you plan and improve your management skills. By the way, working with Michael Wayne was a great experience.
Hello how do you make such monthly?? sometimes I feel so down🤦🏽 of myself because of low finance but I still believe in God
Narcissists rule our country
HF high frequency trading is very interesting. Algorithms do the work.
U should have added, money printing helps investors and speculators not normal people
A great video even though a lot of the commenters are just focused on / imagining political angles. I almost lost my mind on him not mentioning the debt interest as the obvious reason for why this year's deficit being bigger than before the massive deficits if 2020 and 2021...then he focused the rest of viseo on it. Big kudos
Exactly. The 'economy' is not the same as your experience if you are not investing.
lol cuz the numbers are fake and manipulated. we spend most our money on essentials which they don’t include in their numbers
My income hasn't increased in two years but my rent went up by 10 percent and food prices are crazy.
Most of the corporations in the US haven't changed their pricing.
Why would they when it's time to make record profits.
Auto industries are one of the worst when it comes to price gouging.
Naive individuals still fall for their lies.
Bring the Chinese auto makers into the US.
Show to Ford, GM, VW, Stellantis, Toyota, Honda, and Hyundai what happens when you lose trust.
Because let's see food and other things have gotten more expensive
I like how you keeps it real....
It's not the only thing they are lying about
the tradewar causes inflation also.
Considering the growing population and the downsizing, low unemployment and low employment can both be true.
We can blame people, but the real issue here is 90% of people don’t invest routine
That's cuz you're not paid enough money to be able to invest
We feel poorer because we are.
Our Government is beyond out of touch
I read and article that the fed is pumping in alot of cash into the market, buying several million in equities monthly. That might artificially support the market growth we are seeing?
Thanks for the information!! All we need is the right advice on how to invest in crypto and we will be set for life, I made over a million dollars from trading this year regardless of the market conditions. All you need a good mentor to keep you accountable and an unwavering mindset.
Hello! How please? I need your help, I really need to gain my losses back, I've tried a lot of ways in the past.
Her platform is really reliable and secured, I joined her discord not quite ago, best decision ever!
😱She sounds familiar, I have heard her names on several testimonies.. And both her success stories helping families succeed, she's widely known.
After i raised upto 125k trading with her , I bought a new house here in the states also paid for my son's surgery (Kelvin) glory to God.
She's my family personal Broker and also a Broker to many families here in the United States, she is a licensed Broker.
Starting?
Investors are going to need to worry a LOT more when the normal people can't afford to get a home.
That's the fear I have for investor class. They don't care that the average person are loosing their homes. I am concerned they will turn violent and start burning things down because the investors keep finessing wealth away from the middle class.
Are you familiar with the pareto distribution? What happens when the investors have all the money? French Revolution situation comes onto the table. Please factor in French Revolts in your thoughts. I mean, YEAH it's hell but its a possibility that we all need to work together to avoid.
what they weren't admitting to was where the wage growth was happening...
Earners are earning the ones on fixed incomes or low are are not
Covid spending, supply chain issues and tariffs from 2018-2023 caused a lot of our inflation. But would help if the rich tax rates were where they should be!!!
No one wants your shitty communism. Maybe Europe is more your speed lil guy 😊
you mean the job growth they reported as 113k but revised down to 12k? those jobs?
Policies need to made to divert investments into small cap stocks to improve real employment growth
War machines and drug companies. Commodities, agriculture, metals all needed
We need Bill Foster from 'falling down' in this world
Let’s not forget all the debt the US owes other countries. 😂
Because we are….
becoz of short term memory due to social media, income equality
Sir, What is your recommended remedy for national debt? Symptoms are easy to identify, cures much more difficult--any ideas? One cost not tabled is for several years The USA continues funding the war in Ukraine with 100s of billions--a proxy war yes, not saying worth it, or not, just yey another unexpected expense.
Yes!!!
Stock market is winning! 🎉
It's election year too
There will always be the haves and have nots
We are undoubtedly feeling the pressure of rising costs, with inflation climbing 15% each quarter. It's essential that Trump’s economic strategies and a more effective energy policy are implemented to combat this issue.
Yes, inflation is high. People buy what they want and what they need and still complain. Christmas is coming up, people is going to spend money like they crazy. Greed and overpricing is killing people.
Jaspreet for president
We have a K recovery, the worst case scenario.
Trump 2024
He’s what caused inflation.. Covid. He didn’t know what he was doing !