Thanks

I had a few CC;s back in the 80's. I have not used any since and have not had any loans either. I remember that when i cut my last one in half that I had a credit score of over 800. So after 40 years of not using the system, Am I considered no credit history or old history? How does that work?

everyone’s so young in the comments i feel old 😭

Now I currently have a plan with a good friend I have. He moved to Texas 3 years ago and our mutual plan at the moment is that I will move over to the USA and we will live together. Now I live in Ireland so I’m not sure if it’s a good idea to live that far away from my parents. Now I have another good friend as well in Virginia who said he would 100% be willing to move in with us. Should I keep with this plan as I know that we will be best friends forever and that nothing could change that?

The U.S. economy relies on ongoing credit and debt generation for sustenance. The Federal Reserve is expected to increase the money supply, leading to further debt accumulation for the average American. Meanwhile, foreign nations continue to desire the U.S. dollar, despite their own economies facing significant challenges, some even worse than that of the U.S. This situation raises concerns about who will ultimately bear the consequences of these economic dynamics.

great vid i luv freetaxusa and it's free for most people!

You do not pick your healthcare. YOUR EMPLOYER GETS TO CHOOSE.YOU ARE OUT OF LUCK IF YOU WANT TO PICK YOUR HEALT INSURANCE.

Banks create bank credit out of nothing but a licence from the government to do so - against their customer's collateral, [NOT by their customers depositing more money - about 97% of the 'money' in the financial system is bank credit denominated in State currency]. Banks borrow from the money market in order to service their customer creditor's demand for immediate payment and arbitrage their borrowing and lending rates to secure a profit. Over 90% of the deposits in their customers accounts are created by the banks themselves, out of nothing. The general public and SME's, that employ most of the population, simply do not have sufficient savings to fuel bank lending through depositing part of their earnings in a bank, in fact employed and employers rely on bank credit to function in a consumer economy. The total salary and wage bill p.a., in the UK, is around £1.3 trillion it generates around £8 trillion in transactions. the total transactions p.a. recorded by the computers at the BoE is around £300 trillion, those transactions involve the creation and transfer of bank credit. Bank solvency is predicated on collateral retaining its value, and money market interest levels, the borrowing rate. Reserves levels are set by the central bank from which the banks have to purchase government bonds to create those bank reserves. The explanation given above is a travesty of the truth about how the financial system works. Its an invention of clueless academic economists, no banker believes it, they operate on the modus operandi pronounced by Reginald McKenna (C20th director of the BoE), he asserted that ,’ I am afraid the ordinary citizen will not like to be told that the banks can and do create money and they who control the credit of the nation direct the policy of governments and hold in the hollow of their hand the destiny of the people.’ The only part of the population that is of interest to the finance sector is that with assets which can act as collateral for loans, which allows them to create bank credit out of nothing, and make a profit from arbitraging interest rates.

Great analysis, thank you! A bit off-topic, but I wanted to ask: I have a okx wallet with usd, and I have the seed phrase: (proof inner hobby bounce blouse able donate virtual luggage cart morning ticket).What's the best way to send them to Binance?

wait.... some people don't know what a magnetic tape is? HUUUH?

Thanks bro

Thanks bro, so many people when asked about credit card overcomplicate things or gives vague answers, some even dodges the question cuz of ridiculous reasons like being ageist, or postulating, or underestimating the value of learning early. I'm over here 20 years old, but these stuff can be taught to 15 year olds, giving them 5 whole years to build up proper credit and actually getting ahead

its so cheap because they use forced labor

What about Wells Fargo

15, is it normal?

thanks this is helpful.

It's not helpful mentally

Thanks, I'm 22 and am getting my first credit card!

Well explained!!! Thank you 🙏

I’m 41 and just starting to look into Roth IRAs. I’ve heard they’re great for retirement, but I’m unsure how to start. Inflation’s not helping either-it’s making me feel like I’m way behind.

Sad that someone on the other end of all this consumerism is suffering in horrible working conditions.

0:25 This is incorrect. Banks _do not_ lend out depositors money. Deposits _do not_ create loans. There's a great article on the subject by Professor Richard J Murphy on Tax Research Org called _'Banks don’t lend out depositors’ money'_

Hi , if anyone can help I would appreciate it. I’m very confused on paying off your CC. if you have $1000 limit and you spend $300. Should you pay off those $300 on due date or should you not pay it all off ? Some people say don’t pay it all off and to just pay ( in this case ) $270 ? Or to just pay the minimum amount? I’m very confused on that too

Don't ever let Temu application to be installed on your phone 😮 Temu withdraw money aut of your account and spying in to your data as they did, they will scam your account whenever your time is due 😢

Thanks

I don't really have a choice when I get to move out since I have to move out at 18

❤❤❤

this is wrong

should I open an IRA savings? How to invest ur IRA instead of letting it sit there

thanks!

It's insane arithmetic to sum up 10k of deposit with 9k of debt and conclude that we have 19k in economic... Let's imagine we don't have a bank in the equation: I've just lent 10k to my friend. He can use 10k money (just like credit) while I have his liability to return them (just like a deposit). Do we have 20k in total now?

19

Extremely helpful thank you very, very much. Easy on the eye as well 😊

Good vid :D

Indeed

Great! Thank you!

Its 16

16

So the Federal Reserve is running a Ponzi scheme that puts our nation continuously in debt, got it.

Can you install it on your iPhone and use it to enter ? Also does it get activated when you buy it or with your first enter ? Thanks .

I can’t trust any video anymore. Are you an ai.

Oniichan have you enjoyed the trip.

Are discover credit cards visa or Mastercards?

sounds good until we pay taxes to collect our funds

This is really needed yea I’m struggling with financial

Man, I hate the government, but I guess I have to file taxes so I don't go to jail.

3 things that helped me and literally changed my life 1. I stopped watching porn 2. I read the book called ‘25 Money Secrets From Donald Trump’ 3. Stop drinking

People joke about Discover, but it is top notch if you pay attention to rewards and adjust your card appropriately.

Jpan is awesome 👌 city specially for anime fan🥰🥰

What happens if you apply for a credit card, get approved, then you later change your mind after you’ve already been approved? Would this affect your score negatively?