Christine Lagarde - Stabilizing Inflation & Regulating AI for the Global Economy | The Daily Show

[@tonysilke]

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

[@Nernst96]

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

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[@PhilipDunk]

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[@BattNW]

When was the last time a news channel had such an informed discussion about real issues? I swear that this is more insightful than any news network.... Crazy. Thank you Comedy Central.

[@Djamonja]

Imagine if people actually educated themselves on these issues instead of expecting the news to do it.

[@mikaelcronholm]

It's interesting that in America you have to go to a comedy show to get an intelligent discussion about serious issues. What's up with that?

[@idontknowhowtoplaylol280]

you mean misinformed? She said gas prices went up because russian are evil, but in reality it was because Poland sued Russians and forced them to unbound gas price from oli price, that was crazy because it allowed market to speculate with gas price and that is why prices go crazy. That lying Hag knows that well yet lying in your face.

[@thinakaransaminathen2876]

Guys, “Inflation is always and everywhere a monetary phenomenon” ~ Milton Friedman (1994). All thats happening is the side effect of their printing, the consequence on the other hand is the dilution of USD. When the reserve currency prints it dilutes the value and with war increases the cost of buying $ from America for other countries. So most of the world deals in $ which gives America he power to be in crazy debt since everyone will buy the reserve currency for trade. Indonesia has to buy USD to pay Vietnam coz they trust the reserve currency rather than their trade partner. So more and more countries are going away from USD to currency swap, and china dealing in Yuan. So all this might weaken the trade usage like how it happened to the english empire and all that debt will create a lot of depression. JApan bought the Rockefeller Centre and then deflation for 15 years. their interest rate was -10 basis point, same thing happening here. printing is like borrowing from credit card, eventually the interest rate will be the whole paycheque.

[@swordfishtrombone]

@@Djamonja Not everybody has the time, nor the capabilities to do so.

[@jjsc4396]

What a straightforward, direct, clear, non-dissembling, honest dialogue. Utterly, totally, comprehensively absent from mainstream media.

[@TheFailingHumanExperieme-ge4ov]

Lagarde is corrupt and unqualified. However, the MSM promotes her as some wise sage because she has grey hair.

[@Usapropaganda-t7h]

Doesn’t mean it’s honest tho.

[@Usapropaganda-t7h]

@@TheFailingHumanExperieme-ge4ovthank you! People are easily manipulated.

[@rolfaalto]

@@TheFailingHumanExperieme-ge4ov she's certainly qualified -- unless you are a raging misogynist. Don't know any evidence w.r.t. 'corrupt', but you comment demonstrates that you are an unserious person.

[@micade2518]

@@TheFailingHumanExperieme-ge4ov Pathetic "comment"!!!

[@Pacifissimus]

Hosting Christine Lagarde on TV is a big issue - wow! As a German I just can say: What a fantastic talk on The Daily Show. Please go on like that ....

[@mikehagmaier3949]

Jon is the only late night host who is intelligent and sincere enough to engage in a conversation like this. Wish that he was the host every night!

[@masterchinese28]

It's so refreshing to hear an intelligent and respectful conversation mixed with bits of humor. We need more of this. Thank you.

[@unorodriguez3368]

Very interesting is that Lagarde says it's her goal to achieve 2% inflation. This literally means she works hard so your 1000 toay is worth 550 in 30 years time.

[@masterchinese28]

@@unorodriguez3368 Work hard today and invest in something that is worth thousands of dollars in 30 years. Prices and wages go up over time too. The 2% is a manageable amount to plan and adjust. If you want your 1000 to be worth 550 next year, go to Argentina or Turkey. You'll gladly welcome 2% after visiting places where the wages are left in the dust and businesses and citizens can't plan for the future with any certainty.

[@agentw2264]

but how did John miss the opportunity to bring up that Christine Lagarde was convicted. She was found guilty of criminal charges over massive government payouts to Sarkozy.

[@maximilianbeyer5642]

​@@unorodriguez3368a big reason for that 2% ist that statistics are never perfect, and you want a bit if a buffer from deflation. Because deflation is basically the worst killer for an economy you can imagine, as it incentives saving over spending and thus kills demand

[@btcberg3615]

I would have liked to hear about her criminal conviction

[@wesmahan4757]

Gawd, I effing love intelligent late night dialogue like this. Thank you Jonathan Stewart.

[@missJazz911]

Same!!!! This tickles my brain on so many levels!!

[@AnimefortheLazyman]

IKR? i feel like my IQ just went up 2 pts…like inflation

[@damianwozniak3798]

OH NO !!! 😆😆😆 Who made money on "war inflation" all around the world and globalization ? 🤨🤔😆

[@anabusinesstips]

While traditional media opt for comedians and celebrities to share funny stores and gossip, Jon invites the decision-makers that truly impact our lives, educating the audience. What a insightful conversation! Thank you Jon and please don't stop!💫

[@MNkno]

One of my customers asked where I got my news about events in America, and I said "The Daily Show". It's true, and it's accurate. "Going boldly where no [major media company] has gone before..." And a laugh gets the truth home more safely than a screaming mob of demonstrators...

[@Pacifissimus]

Hosting Christine Lagarde on TV is a big issue - wow! As a German I just can say: What a fantastic talk on The Daily Show. Please go on like that ....

[@robertmarmaduke186]

LaGärde represents PRIVATE globalist bankers preparing to _destroy life as you know it._

[@Louis-Channl]

You're right! I loved the interview with Lina Khan, FTC Director. And as a French citizen myself, I wish C.Lagarde was our President at some point. A very intelligent woman. Thanks, Jon

[@romainesenior3935]

While being respectfully silly as usual😂

[@harryrabbit2870]

Wow, what an interesting person. She's also a great communicator. Plus, hats-off to the Daily Show for bringing her on. A+, Daily Show.

[@janefreeman995]

She's been at the apex of European / global economics for decades.

[@dthomas9230]

@@janefreeman995 I'm an American in Europe and see the differences between an informed society with top-scoring countries on the Press Freedom Index and a misinformed, ignorant, violent society with a Press Freedom Index score of 55th place...aka America. But, gun profits and prison profits soar when the state approves killing their citizens.

[@julianmurphy6276]

yeah, fyi this woman was: minister of commerce, minister of agriculture, minister of finances under 2 different french presidents from 2005 to 2011, then leaves the government to become the general director of the international monetary fund, and finally in 2019 she became the director of the european central bank. didnt like her when she was in government but damm that woman has been places

[@janefreeman995]

​@@julianmurphy6276national synchronized swimmer, too 😊

[@Pacifissimus]

Hosting Christine Lagarde on TV is a big issue - wow! As a German I just can say: What a fantastic talk on The Daily Show. Please go on like that ....

[@Gatasma]

As a finance guy, i cant believe John had Christine F****ing Lagarde on the Show!! Shes literally like the second most important person in the world right now!!!

[@user-ne9ev4lf8t]

Second most important? Why and based on what?

[@digiay]

Not only that... she rarely speaks publicly, I think. Seeing her on american late night shows speak more words than I have ever heard her in europe is strange.

[@frenchie3167]

and as a French guy, I wish she would not be, but rather in jail, where she belongs.

[@billhanna2148]

@@user-ne9ev4lf8t who is MOST important??

[@bobbykim3336]

@@billhanna2148 Joe Biden

[@philipjose77]

Bravo Daily Show, an 18 minute segment without interruptions and ad breaks. Well done.

[@from8970]

John Stewart Finally and educated discussion about the economy that none of the main stream news outlets appear to be able to do. John Stewart thank you for inviting Christine Legarde on your show. I think I’m going to have to tune in e erynight here rather than watching traditional news. Bravo 🎉🎉🎉

[@bewareofthecow]

Is this a joke? They DOUBLED the ENTIRE monetary supply... but she just fails to mention that part?

[@debrajenkins9211]

A born commander of communication.

[@TerryJo.]

0 seconds ago ~ "JON" just saying 😉

[@edwardmeradith2419]

I liked the conversation- just challenging enough, but accessible 💙🍀

[@SnootchieBootchies]

@@bewareofthecow You think Europe doubled their monetary supply in response to the pandemic? Where do you get your information?

[@Nazlairdie]

This is why I missed Jon Stewart, more of this type of interview & time frame for these interviews please, this is so more informative than most news sites which is insane.

[@Heidi-s7n]

Only the smartest people can explain concepts in such a simple and straightforward way that anyone can understand them. She demonstrates this brilliantly. So much respect for Christine Lagarde. I could listen to her for hours.

[@etienne8110]

"i m taking money from the poors to give it to my rich Friend.". Yeah, simple and clear indeed.

[@TheJubess]

@@etienne8110 You heard that? Where?

[@hvglaser]

She pretty much brushed off legitimate criticism of the monetary system and told workers to work harder for better wages while handing out gifts to the wealthiest. She is protecting a predatory system that is at the heart of the rising inequality we’re seeing. She also worked at IMF, one of the most predatory and destructive organisations that has ruined the economy of many developing countries.

[@hvglaser]

@@TheJubessthis is literally what quantitative easing is.

[@wholebodysneeze]

@@hvglaser all true, but she's charistmatic and appears smarter than me, so I trust her implicitly and will continue to consume diligently, ignoring any of the signs of a fractured world on the edge of the abyss

[@lovesmusic0845]

This was one of the best interviews/discussions I’ve seen in a long time. Substantive, informative, funny but so much more enlightening than hours of news shows currently on air. Jon always asks intelligent questions that facilitate conversations with meaningful responses.

[@billhanna2148]

I just wish he would let her FINISH speaking 😡🤬 he interrupts everyone and is a detriment to his own shows

[@lovesmusic0845]

@@billhanna2148 I know it’s a common problem with late night hosts.

[@BroccoliDwarf]

Lagarde is a brilliant communicator - and is an excellent example of the difference between politics (and fiscal policies) in the EU and in the US.

[@Adrian_dozr]

100% agreed on the difference part. she is a stabile genius, but never would say so, lol.

[@marsenault9683]

🤣 Legarde is literally ushering in Central Bank Digital Currencies that are programmable....wow

[@marsenault9683]

@@Adrian_dozr as she pushes in the CBDC's...amazing. Its fine, idaf as I am 100% invested into the new rails the ECB has said they're going to use. You'll be on a UBI while the "crypto bro's" the left makes fun of get massively wealthy off the new rails switch over to enslave the people cheerleading it

[@Zorbino88]

When Jon was talking about "poor people need better lobbyists" I was screaming at my screen, "UNIONS!!" I'm a 10+ year Teamster, unions are the only way workers can secure their rights and compensation at the table, otherwise non-represented labor gets exploited, and then fired.

[@kingdom_builder11]

You're right, but I also think his point was...is there an alternative?

[@craven5328]

Not only poor people...with AI, as they said, white collar jobs are more at risk, and white collar workers might start to realize they need unions too.

[@sanyaolaleye8710]

Yet ur guys vote republican.

[@JackThor]

Not union, are lobbyist is literally our representative.

[@rpgsheep]

@@sanyaolaleye8710 b/c the church lobby is threatening eternal damnation if we don't get in line to support corporate fat cats

[@sylvestersmith7651]

Its takes a comedy channel to bring us high caliber helpful content. Thank you comedy central, hope more will follow.

[@nicksmith1415]

Christine's English is better than a lot of people who use it as a first/only language

[@tvmay2]

Europeans respect education and being multi-lingual is more common

[@gorgthesalty]

Europeans tend to be multilingual. I can speak/understand/read 3, understand/read another 2-3, and read a further 1-2. And so can most of the people in my area. We can also pick up TV programmes from other countries (in other languages), which helps keep up the fluency. US simply cannot do this, the distance to another language to you is mostly very far. Exception is Spanish down in southern US. Oh, but you could benefit from having mandatory high school Spanish in the south, mandatory French or German in the north, with an additional elective. The fact no foreign language is added to educational curriculum does hurt the US population. Kids would pick it up quick.

[@timtowers7997]

Trump for a start.

[@dee_dee_place]

Both of her Parents were teachers. Her Father taught English. She has a Master's degree in English, labor law, & social law.

[@nicksmith1415]

@@gorgthesalty I am Welsh

[@Iamworthit58]

Wow this was amazing. How on earth did you get Mrs Lagarde twice on your show? I have learned more about economics in 1/2 hour then I have in 40 years. Thank you Mr Stewart very interesting interview.

[@kimmyers3389]

How brilliant is Christine Lagarde-and how privileged I am to listen to this discussion!! Well done, Daily Show-I am humbled by the vast knowledge between she and Jon, and only wish that everyone was listening to this! Why is this not on main stream media?!

[@JustaStonr420]

I really appreciate that actual economics has made it back into the spotlight. I've been screaming this for the last 6 months now

[@dthomas9230]

Jon covered another economics perspective with former treasury secretary Larry Summers with the same aplomb.

[@TheJubess]

I thought heard something.... It was you!

[@SaoirseÓTuathail]

"actual economics". Oh how tidy the narrative is becoming that our inflation issues were down to COVID borrowing, the war in Ukraine which caused a host of inflammatory economic factors and the links between the war and rises in the energy markets. It's so convenient how those persistent insanely low interest rates and borrowing practices ubiquitous pre-2020 didn't make the cut. Pre covid we had almost no inflation, low unemployment, bananas low interest rates and growth. Four things that had never happened simultaneously in the history of economics. I believe Buffett called it economic paradise or fantasy at the time. The price of natural gas and crude oil returned to their pre-war prices by the winter of the same year it started and played a minimal role in global inflation bar providing energy companies the perfect narrative for rampant price gauging. COVID borrowing was impactful but the necessity and the size of the borrowing is another conversation altogether. You'll never guess what all that 0% finance you could get on almost anything for 5 years pre-covid could have contributed to.... a decrease in the tangible value of money via inflation? Even the mighty Jon can't break through an inflation narrative being solidified now so that no one will remember those 0% finance days, that time when borrowing money was basically free. An odd omission from the inflation conversation. Akin to the omission of water from the conversation on Russia's invasion of Ukraine.

[@Praetor_Fenix420]

Christine Lagarde just said it, you are a prophet, Jon!!!

[@Doodelz02]

Oh pooh. I totally mis-understood then. I was positive she was completely sating that Jon was solely responsible for the pandemic 😊😜

[@SnowflakeHenri1]

​@@Doodelz02 lol 😂😅

[@Praetor_Fenix420]

@@Doodelz02 Both could be true.

[@michaeljohnangel6359]

I could listen to Christine Lagarde and Jon Stewart for hours. Why don't we have more like this available-informative AND entertaining!!!! Thanks, guys!

[@havefaith4358]

As if she's narrating a book to you online! So calm and down to Earth.

[@akuaboateng3030]

UN WEEK, baby. That is why we have her time here in NYC

[@optimistinmyprime]

Jon, thank you for not giving up on this conversation with every guest in the economics orbit.

[@nancy2u2]

Jon is the best. He informs, iformes, educates and does it all with humor. Please Jon do not leave us, we need you!

[@dee_dee_place]

Ms. Lagarde is one smart Woman. I like that she doesn't sugar coat anything. She tells it exactly the way it is & why. I really enjoyed this segment. Thank you.

[@jakebesaw]

Me too. She did very well and I feel she’s just simply being herself

[@MsTyrie]

Her frankness is reassuring.

[@Merit_Liege]

even said the quite part pretty loud @7:27

[@ianbentryn8115]

What an intelligent, funny woman! Very informed, speaking with humility and compassion!

[@PsychoGallagher]

​@@MsTyrie Even her frenchness is reassuring!

[@Thomas83KO]

That was one of the most valuable interviews here on the daily show! Thanks John Stewart, thanks Christine Lagarde

[@adobophoto]

What a great interview. It's amazing to watch something, laugh and actually learn some really important things. Way more educational and informative than most things on the news networks these days. Thanks Jon. We've missed you and we're glad you're back on here.

[@Kin-28-8]

The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents.inflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?

[@Theodorebarba]

Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.

[@Helen_white1]

Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advisor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.

[@berniceburgos-]

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[@Helen_white1]

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[@Thompson-e7h]

Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

[@MojoMachin3]

This is awesome. I don't think I have ever seen a head of a central bank on a late night talk show. Kudos to Madame Lagarde. She is my kind of lady. A woman with style, substance and intelligence.

[@dannyarroway4187]

Christine Lagarde is brilliant! And Jon, boy were you right back in 2009! How prescient!

[@unorodriguez3368]

Lagarde is a thief, she wants you to loose half your money in 3 decades. This is the effect of 2% of inflation over time. She is a brilliant thief. Pure evil indeed.

[@SleazyDonny]

Christine Lagarde is center-right to right in France, which demonstrates how the right in America has become extreme and completely lost its way.

[@KG-rn8cy]

Yeah, Bernie Sanders would be slightly left of Centre in Australia and we are a conservative country. In the US he's a communist...

[@craven5328]

Yup, 100%.

[@FPAlpha]

Yeah, for US politics she's on the left.

[@_rohit97]

lol not like France is living up to its French dream😂 EU is headed faster towards 3rd world status compared to the USA. #loonyleft policies which don’t work! On the other hand countries like China and India are embracing capitalism to bring about much more prosperity to its people. All this MMT is a hogwash and it ruins the economy over the long run.

[@mr78K]

America was never anywhere near the left at any point. It just wasn't so blatantly rigged toward the rich before.

[@tafsirdiallo]

Mme Lagarde. Well done to the daily show on inviting such a monument.

[@davet3588]

She's a banking ghoul preying on the most vulnerable populations in the world. Jon should have torn her a new one in the back half of this interview

[@Jonziebal]

Amazing. Thanks to both Jon and Christine to bring intelligent, human, critical AND super respectful discussion into the world we live in today.

[@joedassin6432]

What a fantastic guest she was... Who said an economist has to be boring? Great show...

[@Hailstormand]

You know, this is the first time (online) that I actually enjoy and learn something from a talk about economy.

[@Pacifissimus]

Hosting Christine Lagarde on TV is a big issue - wow! As a German I just can say: What a fantastic talk on The Daily Show. Please go on like that ....

[@rollingmancave4547]

those checks were a drop in the bucket! Corporations and businesses got several trillion!

[@collinoly]

Yeah but then those businesses charge each other more. Which is why it’s been worse for people than companies. Anytime you add money to an economy you’re going to create inflation. But this created inflation was necessary to prevent people from loosing everything.

[@bjdefilippo447]

And unfortunately, some of the poorest feel that the economy is worse now because they aren't getting the checks, and are blaming Dems, even thought the the economy as a whole is much better now, and the problem is big business price gauging and underpaying workers.

[@davet3588]

This woman is a ghoul that would feed her own mother to the shredder if it meant she and her ludicrously wealthy friends got more money. She told people that labor should have to fight for better conditions instead of cutting back tax breaks. I can't tell if jon was holding back or if she was genuinely better at arguing

[@LMB237]

I’m so proud … thank you The Daily Show! 🇮🇹🇩🇪🇪🇺 & Comedy Central, thank you Jonathan Stewart.

[@cvilsack1]

This was one of the best interviews with a top financial figure in the world. She is super smart, humble, and can deliver her message very well. Well done, John!

[@GarthCelestine-s3q]

John Stewart is the best interviewer on television.. Shame shame shame on all the other news organizations that fail terribly to get to the nitty grtty of the important information on any topics and does it seriously but still has a incredible since of humor.. Kudos John and comedy central

[@jawstrock2215]

Poor people's lobbyist are called "UNIONS"

[@dee_dee_place]

That is exactly what I was thinking. Although UNIONS, at their inception, were terrific for the workers now, however, they can be as bad as the corporate lobbyists. I think the worst thing to happen to workers was the passing of the "at-will" employment law. Workers are no longer respected for what they bring to the corporate table, & they are not compensated appropriately for their contributions.

[@margaretf6147]

@@dee_dee_placeUnions help places that don’t have unions. They are forced to meet what unions do elsewhere to avoid unions coming in.

[@irisbjones]

Exactly. The corporate office isn't working "at will" just the serfs...

[@dan_hitchman007]

They have mostly been crushed thanks to Reagan and Thatcher.

[@Ikkeligeglad]

@@dan_hitchman007 Exactly, they ruined the unions and the middel class

[@melissamay7778]

She is brilliant this was brilliant. Talk about explanations that make sense. They were great together

[@unorodriguez3368]

Did you get that her target of 2% inflation means your 1000$ today will be worth 550$ in 30 years time? She thinks it's her job to half your savings, she's brilliant in her evilness. As a human being she's worse than worthless.

[@joshramnarain]

Bravo Christine. She is remarkably brilliant at explaining the economics levers and gives a glimpse of hope

[@lornafw]

Hope for who exactly??

[@davet3588]

She said in the back half of the interview that labor should have to fight for better conditions. She's a center right capital centric ghoul

[@unorodriguez3368]

As long as we applaud people who work hard to steal our money there's no hope at all. Lagarde clearly states she aims for 2% inflation, this means your 1000$ today will be worth about half in three decades!

[@lornawheelaghan4923]

@@unorodriguez3368 Exactly -- these people are so incredible at marketning themselves that they have created the illusion that they represent the interests of the majority while in fact doing the opposite. I thought Jon Stewart was a bit smarter.

[@wittywolk]

​​@@unorodriguez3368 show me a reviewed paper which shows that an economy without inflation or with deflation is better for the people than an economy with inflation. I'll wait. We need inflation so people will invest and spend their money instead of hoarding it in their bank accounts, and that creates the need for the work to be done aka jobs.

[@spiveym]

I've been following Christine Lagarde's career off and on for years, and she is a rock star. This is a major Get by TDS. Her and Janet Yellin are two of the smartest people in finance.

[@mongolmcphee7791]

Really? We're you following it in 2007 when she favoured Bernard Tepai and was later convicted for so doing?

[@WestonScally7614]

A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge my portfolio against inflation, Inflation is a money-eater so i'm worried about my savings around $200k

[@sting_grayl]

Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.

[@SaintYvess]

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[@Redwood4040]

I've been thinking about switching but have been hesitant. Could you recommend your financial advisor? I'd appreciate some assistance.

[@SaintYvess]

*Victoria Louisa Saylor* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@JordanReam8186]

I’ve just looked up her full name on my browser and found her webpage, very much appreciate this

[@richardengelhardt582]

She's one of the best and brightest of today's global finance managers.

[@mikaelcronholm]

That's why she has that job... as a European, I am grateful.

[@TheOli4D]

Is that why she got convicted and found guilty over criminal charges?

[@unorodriguez3368]

She is brilliant indeed, she openly states that she wants to eliminate half your savings in 3 decades and people think that's great. With 2% of inflation your 1000$ today you will have a value of only 550$ in 30 years time

[@mikaelcronholm]

@@unorodriguez3368Same answer to the same statement: You clearly don't have a degree in economics... Look, it has always been like that and we have done fine. The value of money has dropped for hundreds of years. Inflation rate of 2% is arbitrary, sure, but it is a suitable aim point. If you knew better, you would understand that 2% inflation is in fact a SAFETY margin against what is called deflation. If you think inflation is bad, deflation is a MONSTER. I suggest you study some economics before you jump to conclusions

[@biomem9054]

@@TheOli4D From an article in The Guardian Dec 2016: "The verdict came as a surprise as even the public prosecutor had admitted the evidence against Lagarde was “weak” during a five-day trial last week. Jean-Claude Marin told the court Lagarde’s actions fell into the category of politics and not criminality and called for her to be acquitted."

[@wlcoston]

Love these smart conversations (and the smart jokes)

[@lauradawson7737]

Thank you Jon Stewart for shaking down the pay, stuckness!!! Unions, negotiation.

[@PeterC3400]

I did not expect to enjoy that discussion as much as I did. She's a wonderful and witty guest.

[@cindymaceda2999]

Jon Stewart sure does his homework ! Mano a Mano with Christine Lagarde. Touché ! 😅

[@shawnnewell4541]

Fantastic interview, Jon! I love it when Christine is on.

[@krnstc]

What an interesting and intelligent interview!! Thank you so much Jon Stewart!

[@JaneESeymour]

Thank you Jon Stewart for bringing this super smart, super articulate power-house to your show.

[@TheOli4D]

She's such a powerhouse, she even got convicted. Found guilty of criminal charges. But let's just ingnore that, right? Kinda spoils the mood ;)

[@Cancoillotteman]

@@TheOli4D Corruption runs so deep in this environment that by now she's weirdly one of the "least worse", but I agree she's getting way too much praise considering the things she's done.

[@miamivicemastermixer]

She just said poor People need better lobbyists

[@rockscissorstone-f1i]

One of the reasons this discussion works is because it is between 2 people: one is an expert and the other is informed. Mainstream media usually has 3 guests and 1 moderator and each guest gets a minuscule amount of time to make their point. There is little back and forth for an extended period as Lagarde and Stewart had.

[@lindaswanson9328]

I have heard Christine Lagarde speak on several occasions. She is on top of her game. Very well spoken. Every time she speaks, people are educated. Thank you, Jon.

[@Godhavemercies]

Indeed. I agree Poo on haters

[@Barryislarge]

Intelligent and elegant, what a class act!

[@joeyjoejoeshabadoo6107]

Except for the criminal conviction for the mishandling of taxpayer money in 2016. I believe it was to the tune of about 400m euro? Yup, really classy

[@Barryislarge]

@joeyjoejoeshabadoo6107 guilty of negligence it seems, not a great look 😬, standard politician subcontractor dodginess, it's just a normal thing in Auz sadly... That being said, the Lagarde list was a baller move

[@joeyjoejoeshabadoo6107]

@@Barryislarge There is no doubt that she is intelligent and elegant. But she is part of the problem, not the solution. Maintain the status quo and keep the crony capitalism/crony democracy carousel spinning. Frustrating. Anyone caught in a scandal like that is only interested in protecting their self interest, not the population they work for

[@pauljohnpresado5204]

Thank you, Christine and Jon, for making us understand finance and economy.

[@siamcharm7904]

she left out a critical element by not mentioning money supply.

[@intiferino]

🤣🤣🤣like I understood they dont know what they are doing!! I guess you mean that... So much sarcasm in the comments... I am so confused

[@sten260]

she barely answered anything, just basic stuff like oh there was pandemic and war and therefor we printed a lot of money to help people out and that caused inflation. I mean everybody already knew that

[@Pacifissimus]

Hosting Christine Lagarde on TV is a big issue - wow! As a German I just can say: What a fantastic talk on The Daily Show. Please go on like that ....

[@intiferino]

@@sten260 that is what polititians do. blah blah I guess. There is no scape from inflation to us! and it is more than the 2%... jesus this woman talks about Butter and all the comments are : I love this woman... so smart! WHERE!!!!!!??????🤔🤭

[@sylvestersmith7651]

We used to laugh at comedians and listen to politicians, now we laugh at politicians and listen to comedians

[@tvmay2]

well said!

[@mus14k19]

So true!

[@ceciliajeanetterunion2756]

This comment is so underrated and it’s sad it’s true!!!!

[@eduardoandres5989]

been dddoing it like that siince my teen years, thank goodneess

[@cmh502]

That's the best statement I've heard in a long time!!

[@nehachaudhary6381]

Loved this highly informative conversation! Came to the channel today to watch the usual lampooning of election affairs but was more than delighted to watch this frank dialogue on global economic issues instead. Lagarde is so clear and insightful in all her answers! Keep it up, Jon!

[@mikea69vette65]

Worth a second watch! Christine Lagarde is brilliant

[@kingdom_builder11]

This was an amazing discussion and Jon had a brilliant line of questioning. And shout out to Cristine for being able to communicate in a way the avg person can understand.

[@biomem9054]

I wish you were right, but I respectfully suggest that the majority of people who watch TDS are of above average intelligence.

[@bradalexander3446]

@@biomem9054 You are correct. Imagine the same interview on Fox. The viewers would have changed the channel to WWF or Monster Trucks.

[@ChachouLP]

Christine*

[@kingdom_builder11]

@@biomem9054 based on what exactly? This comment section would suggest otherwise.

[@kingdom_builder11]

@@bradalexander3446 if you're in finance or economics you know practitioners of the field go out of their way to make concepts overly complex. So, I enjoyed this conversation. And fyi, the majority of people do not understand what happened over the last several years from an economics perspective.

[@laughingowl7896]

Wow. Earlier I twice watched Ari Melber interview Steve Ballmer and now I've twice John interview Christine Lagarde. I count that as an excellent day.

[@kituscattus5836]

Wonderfully informative discussion, perfectly timed for the election. Thank you for educating us! 💙

[@kleenmary7060]

Nobody does it like Jon. What a great interview!

[@HagiaFantasia]

I like Christine Lagarde, I'm learning about finance here. thanks for having her on, keep these kinds of interviews going 😊

[@DonieCoste]

Bravo Mme Lagarde❤❤❤❤❤Thank you Jon ❤❤❤❤

[@unorodriguez3368]

Bravo Lagarde? She says she wants 2% inflation, this means your 1000$ today will be worth 550% in three decades.

[@gixellia8455]

Ms. Lagarde fascinates me. Great woman 👍

[@unorodriguez3368]

This great woman wants to half your savings. It's her stated to goal to achieve 2% inflation. This literally means your 1000$ today will be worth 550$ in three decades.

[@miamivicemastermixer]

She said that poor people need better lobbyists....

[@bradalexander3446]

@@unorodriguez3368 Nonsense. 2% inflation is the standard that every central bank in the world uses. Listen to the interview again and do some research if you don't believe her.

[@williamhornabrook8081]

Ooh the French economics lady! Always an interesting perspective to hear.

[@AP-yx1mm]

@@RasAlHaqAnd smart...

[@SamanthaHAgastin]

Insightful. Having a prestigious guest like Lagarde and making entertaining such complex and impactful topics... chapeau Monsieur! C.Lagarde for President in France 🇫🇷 🎉

[@clivestainlesssteelwomble7665]

A superb pairing ... and you can tell they respect each other because they both give out humour and share ideas.

[@The_R-n-I_Guy]

Other than NPR and PBS. Comedy shows are the best place for actual news. The Daily Show, Colbert, Meyers, and Oliver are my go to news

[@cagedgreed]

What a catch! I really hoped for the question, "Both the American and Canadian governments say that food corporations are engaged in price gouging. Is our perception of inflation accurate, or is it skewed by corporate malfeasance?"

[@ggjohnson5754]

Yes

[@JordanManfrey]

Half of Private equity is fueled by retirement accounts and a large generation is hitting retirement age, which means that any opportunity to extract from active laborers with less accumulated shareholder voting power is taken. The shareholder class is now much more powerful and almost fully distinct from the labor class. A class which performs no material labor, executes no real innovation, adds no real value post-IPO. A parasite class.

[@yurielcundangan9090]

Gotta love Stewart Man

[@dbrentski4800]

Everyone should watch this. Christine Lagarde was excellent and highly informative.

[@MF-qf7bs]

I have to say, I've never found a more enjoyable, informative, intellectual conversation. Thank you to the Daily Show for having Ms. ECB President Christine Lagarde on the show. Appreciated the questions, the candidness. the laughs, all of it. Great work, great show. Thank you!

[@satoriasimov9169]

Wow didn’t expect Stewart x lagarde collab

[@ChrisTeague]

That interview was the pinnacle and it should be the expectation of how information is exchanged.

[@pigsandapples]

So many superlatives apply to this show and this channel in general. Thanks and please keep going.

[@freshname]

How did you even get her?? It's Christine Lagarde. Is your booker a magician or what?

[@personnelente]

Madame Lagarde is one of the most capable financial officers in the world. And Stewart constantly amazes with the depth, and breadth, of his knowledge and understanding. Great interview.

[@Omni0404]

It must be challenging for her to dumb everything down for us. She's clearly remarkably intelligent.

[@mikaelcronholm]

I don't think she dumbed it down. It is not as complicated as many people think.

[@shittymcrvids3119]

@@mikaelcronholmRight, you can explain these things in either complicated or simple terms

[@mikaelcronholm]

@shittymcrvids3119 Sometimes, it is simple. Remember the huge increase in oil prices in 2008? Everyone panicked. Not me. Because supply and demand were not significantly changed. The reason was that large institutions smelled the rat alreacdy in February. In the fall, markets crashed. Meanwhile, the big players had quietly moved out of financial markets and parked their money... in oil. All they needed was a spread between sales and purchase price, never mind the level, while the cargo was in transit. After the crash, they divested the oil and went bargain hunting. Same year steel went up. China had shut down their plants to clean the air before the Olympics and we're at the same time buying huge amounts of steel to build. Both oil and steel dropped dramatically. Hence, it wasn't complicated at all. People just thought it was.

[@unorodriguez3368]

Do you understand that 2% on inflation means your 1000$ today will be worth only 550$ in just 30 years? She plays us for fools.

[@Omni0404]

@@unorodriguez3368 Are you keeping your money in your mattress? Interest exists. Or other investments.

[@g.strauss1813]

What a challenging and informative conversation. Thank you both, Jon and Christine Lagarde.

[@fatimaa3006]

This was so much fun.

[@GabyHarrison]

Merci Madame! et aussi - merci Jon for inviting her. A testament to adult conversation about real topics with clarity and a sense of humor. It is possible.

[@docbrian2573]

Outstanding! This was an incredibly insightful discussion. If our presidential candidates could articulate their views with the clarity and intelligence displayed by Christine Lagarde, it would elevate the quality of our elections and foster more meaningful public discourse.

[@GreyTapez]

That is an amazing jacket, Madam. 👏 Great interview!

[@belindared3389]

Yuck don't like the jacket 😅😅😅

[@ZENmud]

She is a member of one of France's wealthiest families. I'm thrilled that she represents the best of France, when she could have been living on her yacht near Monte Carlo (à la Melania)... she is brilliant. 🎉

[@uhar2411]

Chanel jacket and Dior earrings.....this jacket might be around 7.000€ in price.... she is simply rich.

[@knoll9812]

​@@ZENmudparents were teachers not mega rich.

[@knoll9812]

​@@uhar2411rich with style.

[@Lindsaybkk]

Jon Stewart is the best interviewer Informative and helpful as always Great information, great questions 👍

[@ritanefer]

Excellent. John Stewart I love how informed and smart your humor is. Bravo!

[@j-lt29]

Impressionné par Mme Lagarde ! Et par son anglais. Kudos to the two. At least we know that inflation was not just a Harris-Biden (as some guy keeps saying) thing but a global problem.

[@aormelodicrock1460]

This dude is amazing! He is all about helping others and getting to the truth. Never try to outwit him because he is way smarter than you are. Thank you for what you do Mr. Stewart.

[@ovh992]

An incredibly smart and well spoken woman! 👏👏🏼👏🏿👏🏻

[@dukeallen432]

Person.

[@david-olivierpham3364]

She is a role model for every women. Always underestimated, always over delivered and stayed human and on the side of the people.

[@DKonigsbach]

This highlights a distinction between European economists and American economists. Ms. Lagarde described that both labor and capital are components of the economy and both deserve to be rewarded. American economists, who primarily follow the teachings of Milton Friedman and the Chicago School of Economics, regard labor as at most a necessary evil and a drain on the economy, and say only capital inherently deserves to be rewarded.

[@sten260]

nobody deserves any reward, you get whatever market gives you. There's no old farts deciding how much laborers should get and how much the owners of capital gets. For every job there is different market price and if you pick a job with low market price then that's what you get, you cannot change the market price just because you don't like it. Your only options are to find another jo that has higher price or accept the low wage. Besides having low wages is a great opportunity to start your own business because labor is cheap you can do a lot of hiring, so maybe try that instead.

[@GoneSurfing-g8e]

​​@@sten260when a company makes profits, I can assure you that the way those profits will be shared is indeed decided by a congregation of old farts... The decision to put money towards shares buybacks or salaries does not rely on "the market", it is in the hands of said old farts. If it wasn't the case, companies would all share profits the same way. Now you should also consider that "markets" are not a force of nature, they are man made and, as such, there is no such thing as a "free market" that would fix the price of everything. Markets are all manipulated by humans, especially since the financial industry has taken control of capitalism and all but destroyed competition rules in favor of whatever makes the most return.

[@davidevans6514]

Lagarde is not an economist. She is a politician and a bureaucrat.

[@user-ih5ut1vw8b]

​​@@sten260And then you cause an economic bubble that leads to an inevitable crisis such as in 1929 and 2007. I know that libertarians aren't very bright when it comes to finance (in contrast with what they actually manifest), but historic events should be common knowledge. Those who don't learn from their mistakes are doomed to repeat them.

[@sten260]

@@user-ih5ut1vw8b how would that cause bubble?

[@lisathornhill4177]

This woman is top notch. Unbelievably, great to have her on the show

[@ianjdovey7603]

Jon great interview! Christine bravo to you. You are a great communicator and the one of the reasons why I believe Europe and European citizens are far better off.

[@BlakeElliott35]

She’s impressive. This was such a breath of fresh air.

[@libiroli]

Christine is FABULOUS! She pushes back against Jon's tirades with wit and charm, and stays in full control of the interview. I'm stunned (she is beautiful too). As for Jon, a better line of questioning toward a central banker is criticism of quantitative easing. Unlike lowering interest rates (which does benefit labor), QE mostly goes to the top 10% who own all assets. Inequality has skyrocketed since QE became a key policy tool in 2008, and the central bankers (however charming) are to blame.

[@SB-wd6op]

And what would you have had them do differently?

[@ggjohnson5754]

​@@SB-wd6opnot have QE?

[@libiroli]

​@@SB-wd6op The world is more digital now. It's possible to "print" money so it ripples more evenly through society. Even something crude like a reverse Treasury Direct would be more effective than QE, which is a very indirect policy tool. But this is all just a stopgap. A better solution to make capitalism more equitable is introducing a HARD policy target besides jobs growth and stable inflation. The gold/silver standard was flawed, but created an important link between the real world and the money world. This link limited growth and created problems, but it kept labor and capital on more equal footing. Would love to hear other ideas!

[@janefreeman995]

Central banking is also notorious for predatory banking... there must be regulatory oversight.

[@takibigames]

@@SB-wd6op The world is more digital now. Central banks can "print" and distribute money more evenly through society. (Even something crude like a reverse Treasury Direct would be more effective than QE, imo.) But I think your bigger question is how can central banks make capitalism more equitable. And I think they need another HARD policy target besides job growth and stable prices. The gold/silver standard was flawed, but it created an important link between the real world and the money world. This link slowed growth and created many problems, but it kept labor and capital on more equal footing. We need an improved version of that, imo.

[@coreywall1977]

I respect her.

[@intiferino]

why?

[@coreywall1977]

@@intiferino because I know more about the global economy than the average human.

[@angelaoehley7931]

Love the show with Jon & his Hosts. Easy to follow discussions with humor. 💙

[@minaly1982]

She explains things so clearly. This was so informative.