Former Chief White House Budget Office economist Vance Ginn discusses the impact of the Fed’s policies on inflation.
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Economists criminal fraude
Democrats government spending is ridiculously way way out of control..that's the problem!
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They just keep postponing the 2008 financial crisis. The longer they do, the worse the repercussions. Per Fed: "Must keep bubbles inflated at all costs."
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840 dirtbags arrested for attacking the U.S. Capitol on January 6, 2021 and counting. Round 'em up and lock 'em up! Traitors, losers, and terrorists – all of them.
FED need dissolution.
If you think the financial system is fixable by any means other than the reinstatement of Gold, you do not understand why we are where we are.
The pyramid scheme of currency value and human manipulation is what got us here. There is no other way out, except WW3.
The FED and Treasury Dept. will to everything "behind the scenes" to keep the Country out of a severe recession between now and the mid-terms. Rates may be up..but the money supply is STILL rising and the corporate bond markets have stabilized. The FED is NOT draining liquidity.
Only the stupid ones that voted for Biden.
Donald 2022
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These investment are only bound to make slow profit returns in the current market, I've come across a few blogs mentioning investors that generated profit of up to $450,000 in 3months and I'm eager to know what/how I can make such lucrative profit
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2:15 Exactly!
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This dude is dreaming if he thinks the fed can fight inflation, get real dude!
Many people have forgotten how good we had it when Trump was president
Fox, right media Republicans think we are all stupid. I pray GOD send me to hell If lie. Biden did not cause in America SEARCH GLOBAL economy GLOBAL inflation GLOBAL food shortage GLOBAL food prices rise GLOBAL climate migrants STATE RUN Texas power outages (or any of endless other STUPID stories the right thinks Americans will swallow.) (right wing social media repeats Fox news stories) Search headings on google image Fox news misleading graphics Fox news apologizes off air Fox news business expert arrested Fox news CIA terrorism expert arrested Fox news fake Swedish expert Fox news falsely claims Fox news misleading Fox news lies about Republicans block voting security bill Republicans block voting rights bill Republicans block (law and order party?) GOP witness tampering GOP block evidence witnesses GOP plead guilty Trump GOP abuse of power Republican GOP cruelty Convicted Republican GOP Pedophile Republican indicted Republican indicted for fraud Indictment crimes by Presidential administration Trump admits he lied Republican indicted for election tampering Republican insider trading Congress buy energy defence stocks days before Russia invaded Ukraine US fix rig elections US gerrymandering elections DeSantis gerrymanders US Voter suppression US voter fraud arrests Republican GOP cut child childrens Republican war on children Republican war on rights
Vote for Joe
Thank Keynesian economics for the 9.1% inflation. And we are just getting started. The theory is followed by democrats and the insatiable need to print money to soar their assets selfishly. Anyone that blames inflation on supply side is a follower of Keynesian economics, including your guest.
Always remember this quote: “Inflation is always and everywhere a monetary phenomenon.” – the great Milton Friedman (1963). A monetarist economics follower.
In other words: Inflation is exclusively caused from our fed excessively printing money. As well as our government giving it away for free. And we just proved this, for the third time.
If powell only had a brain and did what he's supposed to do.
Hey Neal…happy with your choice for potus?
They been to go PERIOD!!!!!!!!
The target should be a 50% DEFLATION (10% per year), not a 2% or even 0% inflation; Prices have more than doubled, really more like tripled, since Obama took office and "quantitative easing" became Fed policy. My retirement savings were easily adequate when I retired, but Obama/Trump/Biden have cut the purchasing power of that savings by 2/3 to 1/2. To fix that, the Fed MUST be more aggressive, even if a recession results. People who got free government handouts as "stimulus" need to put that money back in the US Treasury, since that's what overheated the economy. Corporations in this environment abandoned low prices/high production — and began favoring high prices/low production. Credit is too cheap, so they don't fear slower cash velocity.
LOCK TRUMP UP, LOCK TRUMP UP, LOCK TRUMP UP
Last week, Warren Buffett talked in BBC NEWS on how investors and traders can make millions. Her recommended an Expert called "Layla Claire Wondering if viewers here are familiar with she's services..?
Are you kidding, a Trump official is saying to tighten. Really, it's was Trump who ran up a debt in 4 years by 10 trillion dollars. In only 4 years. Come on man!!!!!!!!
Trump/ DeSantis 2024
No. The FED needs to be dissolved and let the market correct itself.
It doesn't matter how high the feds raise interest rates if the gov keeps printing money and spending money we dont have inflation is still going to keep going up making the raising of interest rates pointless
It's a wicked game they play only the rich can survive
Things get better while Joey sleeps. Do not disturb Joey JACK
Vance Ginn didn't come across as being that bright to begin with and then at about the 1:56 point he fully exhibited his profound ignorance by referring to our irrelevant federal deficit as a "national debt", and then this dumbed down, brainwashed young man added to his exhibition of ignorance by stating the profoundly ignorant though widely accepted reasoning for the cause for inflation – "… to much money, chasing too few goods" – while dumb-dumb Neil just sits there and allows this abortion of the truth to continue.
Somebody, ANYBODY, correct if my common sense and simple logic has failed me since it is my understanding that just because a commodity, say crude oil, becomes scarce and at the same time there is no significant cost of production involved and this essential commodity is in high demand, to me that doesn't automatically mean that Big Oil has the right to engage in this opportunistic price gouging that is resulting in massive profits while we the people are just barely getting by. To belabor the point, if this shortage of crude was accompanied with major cost of production issues, then yeah, raise prices in order to make a fair profit but by all accounts, there isn't a cost of production issue that warrants these high prices with this apparent abuse signaling a need for some sort of price controls, in my opinion.
As for referring to our federal deficit as a "national debt", (GUFFAW, GUFFAW, GUFFAW!!!) we have accrued this enormous (irrelevant) federal deficit through the process of quantitative easing (QE) which process is to electronically generate we the people monies in order to meet federal expenditures when there are insufficient funds available from our defunct federal income tax system that will never, can never be revived. The point here being that it is IMPOSSIBLE to "borrow" or "payback", for that matter, we the people electronically generated monies. I mean, DUHHHH!!!???
The entire explanatory narrative on how and why QE spending works is called Equity Spending (YouTube) or ES, not to be confused with the more politically correct, Left leaning, in my opinion, inferior MMT explanatory narrative on QE spending. P.O.O.FO.O.S.I.E.
Tight money has it’s consequences. Painted into a corner. Belt tightening means you have to suck it up. Yellin’s too corpulent.
Never trumpers are getting a large scoop of what they wanted, not just Democrats take Mitch McConnell for instance, sitting in a Larry Kudlow interview McConnell sat banging his chest about Trump's Three Justice pics, for a guy who's been in the swamp too long to mention, I'll give credit where credits due, McConnell did hold up the nominee for Justice Scalia's seat on the court. To that Thanks Mitch you did good, that doesn't negate the lifetime you spent in the Senate running up over 30 trillion in Rino waste, and you still haven't learned your lesson, today passing over 50 billion in corporate welfare subsidies going to cash bloated chip manufacturers who don't need it. Globalist free trade Senators like McConnell will become scarce in due time.
With or Without McConnell like it or not , Multinational corporate lobbyist extortion won't continue once the Boss is Back.
END THE FED. THE PEOPLE ARE FED UP.
Guys thoughts on the news report for Amazons AMZN20X
I think that's the big one this year 💚
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