Federal Reserve’s New Plan to Fix Inflation Examined: It Makes No Sense

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ClearValue Tax

ClearValue Tax

13 күн бұрын

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Пікірлер: 1 700
@loum5143
@loum5143 11 күн бұрын
To me this whole thing is a scam. You can't tell me these people are that clueless. They are causing pain on purpose.
@tawella-bs7hn
@tawella-bs7hn 11 күн бұрын
Say it again 💯
@widehotep9257
@widehotep9257 11 күн бұрын
Fed is powerless. They control only one rate (fed funds rate). The fed funds rate has been stable for most of the year. Meanwhile, 30 yr fixed rate mortgage rates have surged and bounced all over.
@melissagualco2132
@melissagualco2132 11 күн бұрын
Because our higher everything is paying for these wars
@DanMaul-ip1is
@DanMaul-ip1is 11 күн бұрын
They are playing chicken with the country’s money. They are just playing with the economy for the elections. They are controlled by the DNC
@gb8641
@gb8641 11 күн бұрын
The scam part is that they can cook the books however they want to say inflation is doing whatever. They have zero credibility.
@brzzesasuke
@brzzesasuke 11 күн бұрын
I make 87k a year and it feels like I make 35k back in 2017. This economy is fkd. Thanks Powell
@itshadouken
@itshadouken 11 күн бұрын
You can thank Trump for giving rich tax cuts that is costing the rest of us billions
@widehotep9257
@widehotep9257 11 күн бұрын
I need to remind myself all the time that prices have tripled on most things since the late 90's. Houses, gasoline, home insurance, etc.
@gpnulife
@gpnulife 11 күн бұрын
I make more than that and feel the sting!
@QuanHoang2x01
@QuanHoang2x01 11 күн бұрын
Nah it’s Bidenomics
@oshitomaha
@oshitomaha 11 күн бұрын
Where do you live? Perhaps you need to check your budget buddy.
@2318lewis
@2318lewis 11 күн бұрын
Home prices doubled, interest rates doubled food energy and insurance doubled, and you want the consumer to be happy?!!!
@melissagualco2132
@melissagualco2132 11 күн бұрын
I agree
@ggr1847
@ggr1847 10 күн бұрын
To be fair, keeping interest rate high is the most significant thing the fed can do to combat the high price of things at this point.
@realLetsGoBrandon45
@realLetsGoBrandon45 10 күн бұрын
@@ggr1847to be fair, their policies got us here in the first place and the majority of the people implementing the policies are incompetent
@erikaxchristine
@erikaxchristine 9 күн бұрын
They can kiss our a**es.
@miguelagonzalez7332
@miguelagonzalez7332 9 күн бұрын
He is in lala land!
@markjoslin9912
@markjoslin9912 11 күн бұрын
Why aren’t Americans not feeling good about the economy? Go to the grocery store or gas station.
@grimaffiliations3671
@grimaffiliations3671 11 күн бұрын
they are feeling good according to the polls tho
@leekelodev
@leekelodev 11 күн бұрын
Those two areas are fine since they remove them from the inflation report. Everything is puffy clouds and unicorns.
@matdallas100
@matdallas100 11 күн бұрын
I’m feeling pretty good about the economy but that’s just me . I’m glad he’s not telling people how they should feel unlike some politicians tell me I should feel bad about the economy
@neiltrice2546
@neiltrice2546 11 күн бұрын
Right like this dude doesn’t even shop for his own groceries and fill is own gas tank haha
@kingpinz333
@kingpinz333 11 күн бұрын
@@leekelodevand by polls you mean turds coming out of their mouths
@yahdood6015
@yahdood6015 11 күн бұрын
Aaaaand the economic gaslighting continues
@elizabethkeith7283
@elizabethkeith7283 11 күн бұрын
Perfect assessment!
@amrice62
@amrice62 11 күн бұрын
Totally agree with you
@matthewm9261
@matthewm9261 11 күн бұрын
Wish he'd mention the loss of the petrodollar
@WELVAS.
@WELVAS. 11 күн бұрын
Until demand goes down and Americans slow their spending from current levels, they are gonna keep rates high. Demand is still high for services.
@italianmiltyfriedman6264
@italianmiltyfriedman6264 11 күн бұрын
@@elizabethkeith7283 just repeating buzzphrase from fox news.
@adrianmoreno8064
@adrianmoreno8064 11 күн бұрын
Our kids are basically screwed in their economic future!
@Matt-iz8wf
@Matt-iz8wf 11 күн бұрын
You are too!
@S888A-KenObi
@S888A-KenObi 11 күн бұрын
Yeah but they may die poor, but we will LIVE poor for two decades after this house of cards falls.
@supersonic118boi8
@supersonic118boi8 11 күн бұрын
Yeah most people throughout human history live in poverty so most likely not just our children but our childrens children
@bobbyricky7595
@bobbyricky7595 11 күн бұрын
@@gyrate98 34+ trillion in debt says otherwise
@mcnutterfudgn
@mcnutterfudgn 11 күн бұрын
Nah. Invest and stop spending!
@lucyg7887
@lucyg7887 11 күн бұрын
As an accountant, I have seen this mess brewing for years. He didn’t answer any questions with solid answers. Election year anyone?!
@douglasryle6499
@douglasryle6499 11 күн бұрын
Bingo!
@wfpogun
@wfpogun 11 күн бұрын
Correct but unfortunately the dem and rep parties are both the same.
@dawnfire82
@dawnfire82 7 күн бұрын
@@wfpogun Yeah, bc there's no difference between Trump policies and Biden policies. 😆
@draghn
@draghn 6 күн бұрын
@@dawnfire82 Exactly! We need to get rid of both and get some new "blood" in. We've tried both.
@Gingerbread456
@Gingerbread456 11 күн бұрын
Everyone who is in congress should be put on trial. this is absolutely insane.
@garysmith7760
@garysmith7760 9 күн бұрын
Yes! Criminals!!!
@DavidJ245
@DavidJ245 11 күн бұрын
Their go to plan: “We have no plan”
@hdhd7402
@hdhd7402 11 күн бұрын
🤣😂😅
@JelinaSehmik
@JelinaSehmik 11 күн бұрын
😂😂
@acornsucks2111
@acornsucks2111 11 күн бұрын
Its not their job.
@blahblahblah-uw4uf
@blahblahblah-uw4uf 11 күн бұрын
“print more money”
@MBarberfan4life
@MBarberfan4life 11 күн бұрын
"We're going to fight inflation by printing more money!"
@user-mb4wh2xf5c
@user-mb4wh2xf5c 11 күн бұрын
I was at the grocery store today and just looked at a 12 pack of Coke and it was $9.99 that is an 80% increase over just a few years ago,my gas utility company just informed me they are going to increase rates 10.25% and my electric utility increased over 17% with 2 rate hikes in the last 2 years..inflation for most of what we buy is over 15% and NOT 3.2%...that 3.2% is a lie.
@jeffgo5742
@jeffgo5742 11 күн бұрын
But if you buy 4 you’ll get them for 7.99 which is still crazy.
@supersaiyaman11589
@supersaiyaman11589 11 күн бұрын
as far as soft drinks i would stop buying 12 packs and start buying 2 letter sodas and cut back if u had to i am not paying 10 dollars for sades.
@taffyalusa4642
@taffyalusa4642 11 күн бұрын
Ween off soda
@prettyyoungthingpyt5015
@prettyyoungthingpyt5015 11 күн бұрын
And they keep lying about inflation is easing, prices going down! All lies..
@SouIworld
@SouIworld 11 күн бұрын
Just to be clear.. you understand if Powell drop rates Inflation will be much worse, right?
@DJMilez
@DJMilez 11 күн бұрын
If only my “confidence” can pay my bills and taxes we’d be onto something
@John-fr4hu
@John-fr4hu 11 күн бұрын
Powell is so full of shit, everything is up except wages 🤡
@zmack1830
@zmack1830 11 күн бұрын
I heard his real problem is constipation !!
@Bea_B
@Bea_B 10 күн бұрын
​@@zmack1830😂😂😂
@i_i8924
@i_i8924 10 күн бұрын
"Just as planned" -Corporations
@dr_flunks
@dr_flunks 9 күн бұрын
which means he's succeeding. why would we want wages up? companies exist to make profit, not pay wages.
@zmack1830
@zmack1830 8 күн бұрын
@@Bea_B 😂lol
@dustinholt7308
@dustinholt7308 11 күн бұрын
It’s gonna be scary times when the fantasy ends
@SammerSO
@SammerSO 11 күн бұрын
It’s a clown show.
@MjV-jd2lo
@MjV-jd2lo 11 күн бұрын
Do dooo doo doo doooo dooo
@oleotoleo3414
@oleotoleo3414 11 күн бұрын
Clowns that play experts who try to lie and not getting caught
@sevartt9046
@sevartt9046 11 күн бұрын
​@@oleotoleo3414They're actually criminals that like to play dumb to avoid getting in trouble. Just like the "experts" during "covid".
@MB031
@MB031 11 күн бұрын
Economy is so great and strong that people can't afford living ! 😀
@hsingholee1058
@hsingholee1058 2 күн бұрын
😢
@rwandajc92
@rwandajc92 11 күн бұрын
I just got s message this morning from my dispatcher that the trucking company I was working is closing, going bankrupt that he saved my number if goes somewhere else he can call me. Now Im picking up the last load from Yuma AZ to Chicago IL then bring the truck back to the yard after 8 years working for the company. There’s nothing good about this economy, I don’t know where Powell gets the data from😢
@roland1912
@roland1912 11 күн бұрын
He's worth over $40 million dollars. All his friends are multimillionaires and multi-billionaires, the people who sign his paycheck are multimillionaires and multi-billionaires... it's a case of the people in power are beyond reproach, that it doesn't matter where their data comes from because they don't care.
@DJSolistica
@DJSolistica 11 күн бұрын
The reason that the trucking company you worked for is going bankrupt may not be related at all, there's so much missing context to determining to blame for that.
@VictoryXR
@VictoryXR 11 күн бұрын
@@DJSolisticaright, so many companies shutting down and hundreds of thousands of mass layoffs are happening all over the country but, sure, yeah… it’s just THAT guy’s company. 🙃
@lcrtz3611
@lcrtz3611 11 күн бұрын
Im from yuma too 😂
@anonyghost7422
@anonyghost7422 11 күн бұрын
The elites speak as if the entire country is living in the same neighborhood. Out of touch politicians (and yes, the feds play these games too). Best of luck to you in finding another job. Stay up
@heinzyketchupy4175
@heinzyketchupy4175 11 күн бұрын
Dude we are so fucked
@Android-Zen
@Android-Zen 11 күн бұрын
We’ve been fucked since Trump printed $9trillion during record low interest rates.
@Identify_As_Right
@Identify_As_Right 11 күн бұрын
​@@Android-Zen actually since 1923 when they turned that printing machine on.
@heinzyketchupy4175
@heinzyketchupy4175 11 күн бұрын
@@Identify_As_Right exactly. 🤦🏻‍♂️
@hushmoney2058
@hushmoney2058 11 күн бұрын
@@Android-Zen Your Funny ...
@wdiv
@wdiv 11 күн бұрын
@@Identify_As_Rightcorrect +10000
@JamesDandyTTR
@JamesDandyTTR 11 күн бұрын
Nothing from this government makes sense now-a-days
@tacosanloresno
@tacosanloresno 11 күн бұрын
“Stupidity, fear, and greed rule the world” Albert Einstein
@aprilsunshine7565
@aprilsunshine7565 11 күн бұрын
Exactly!💣💥💸💸💸😑
@isaacbarret3454
@isaacbarret3454 11 күн бұрын
Defund this government!
@RedProg
@RedProg 11 күн бұрын
" Don't worry , be happy"...J Powell
@nellybelly623
@nellybelly623 11 күн бұрын
@@isaacbarret3454and the media!
@VRGamingTherapy
@VRGamingTherapy 11 күн бұрын
Help the American people? That was never on the government's agenda.
@donvergon2158
@donvergon2158 11 күн бұрын
its about helping foreign nations in the old world
@dereksbooks
@dereksbooks 11 күн бұрын
The government mandate is to TAKE, never to GIVE. They technically have nothing of their own to give.
@KSWKREW
@KSWKREW 10 күн бұрын
They have to say that to keep the sheep in line.
@dr_flunks
@dr_flunks 9 күн бұрын
100% it's to stay in power.
@blessedmamags7796
@blessedmamags7796 11 күн бұрын
WOW out of touch with real people 😢. Groceries have doubled. Insurance has doubled. Housing has doubled.
@dokkaebi757
@dokkaebi757 8 күн бұрын
they aren't out of touch, they are purposely causing damage.
@cljerjr31
@cljerjr31 11 күн бұрын
word salad by the Fed
@13kingofbattle47
@13kingofbattle47 11 күн бұрын
And to the regular Americans just eat cake
@jonathanlampkin6673
@jonathanlampkin6673 11 күн бұрын
Powell thinks we are all idiots.
@DJSolistica
@DJSolistica 11 күн бұрын
Most people are.
@aaront936
@aaront936 11 күн бұрын
If you want rate cuts you are.
@jasonlarsen5594
@jasonlarsen5594 11 күн бұрын
from these responses, most people are idiots
@jigthepuff4540
@jigthepuff4540 11 күн бұрын
They are in control and nothing we can do about it.
@droyal104
@droyal104 11 күн бұрын
Yes we can pray to God of heaven and earth.
@sundippatel1796
@sundippatel1796 11 күн бұрын
This guy needs to spend some time with everyday people since he has” no idea” why they don’t agree with him. He’s seems all corporate driven , not paying attention to everyday workers . SMH
@DJSolistica
@DJSolistica 11 күн бұрын
It's almost like the vast majority of Americans are employed by those corporations.
@ripster9713
@ripster9713 11 күн бұрын
@@DJSolistica (and are poor)
@joefunk76
@joefunk76 11 күн бұрын
He’s worth over $100m. It’s all academic to him. Unaffordability of housing or anything else is not something he will ever reckon with.
@zm5513
@zm5513 11 күн бұрын
So sorry to hear that
@DJSolistica
@DJSolistica 11 күн бұрын
@@joefunk76 Jerome Powell is not worth over 100m.
@sliphere011
@sliphere011 11 күн бұрын
"banking system has been solid".... how many banks have failed in the last 2 years?
@kimcissell1905
@kimcissell1905 11 күн бұрын
Hyperinflation , depression , collapse 😮😮
@prolific1518
@prolific1518 11 күн бұрын
​@@gyrate98 nope that's the outcome of this. Losing reserve currency status will cause the next down turn to be the last. Buckle up
@nano.joe.4851
@nano.joe.4851 11 күн бұрын
he’s just a puppet for the shareholders of the Federal Reserve. They all need to be thrown in prison.
@koolkitties8552
@koolkitties8552 10 күн бұрын
One trillion in interest per year on 34 trillion debt
@MBarberfan4life
@MBarberfan4life 10 күн бұрын
That's an equivocation of the term "shareholders".
@akivalu
@akivalu 11 күн бұрын
He doesn't know why Americans are pissed????!!!!!! 🤣🤣🤣🤣
@PlagueGuy
@PlagueGuy 11 күн бұрын
I wish I could cherry pick only the good data that makes me look good at my job like the fed does.
@heinzyketchupy4175
@heinzyketchupy4175 11 күн бұрын
People are forgetting people are having less kids, means less money for the future for productivity, so where the hell are they gonna find the money
@annjames1837
@annjames1837 11 күн бұрын
You forgot about Biden's Newcomers 😅
@grimaffiliations3671
@grimaffiliations3671 11 күн бұрын
taxes dont fund government
@supersaiyaman11589
@supersaiyaman11589 11 күн бұрын
@@grimaffiliations3671 if taxes dont fund government how do you think roads get paid for the answer is the gas tax for example.
@MuscularOrphan
@MuscularOrphan 11 күн бұрын
@@grimaffiliations3671it funds the big banks when they crash e.g 2008 housing crisis
@johndsouza842
@johndsouza842 11 күн бұрын
Immigration!!!! Why do u think they opened the border?!?
@BarrettGreg
@BarrettGreg 11 күн бұрын
Its maddening listening to this guy just bald face lie. If he is not lying he needs to be removed from his position.
@brunnjon
@brunnjon 11 күн бұрын
The pain couldn't possibly be because the cost of housing has doubled in 5 years
@leohsiang1204
@leohsiang1204 11 күн бұрын
Brian, hear me out. If I'm the President of the U.S., I would appoint you the Chairman of the Federal Reserve instead of this clown
@melissagualco2132
@melissagualco2132 11 күн бұрын
I second that
@user-hu8ib7vm5d
@user-hu8ib7vm5d 11 күн бұрын
Ditto!
@Originalroyalguard
@Originalroyalguard 11 күн бұрын
I don't know that any one man can fix the weight of all this debt and inflation. The system has to fail to reset. Something like 2008 or worse.
@grimaffiliations3671
@grimaffiliations3671 11 күн бұрын
@@Originalroyalguard not really
@922apocalypse
@922apocalypse 11 күн бұрын
I will vote for you if you run man
@420AzSmoker
@420AzSmoker 11 күн бұрын
They're playing a dangerous game
@Ret17
@Ret17 11 күн бұрын
To be honest, he should say "its an election year, I want to keep my job and my overlords told me to cut the interest rate before the election"
@NYyazoofan
@NYyazoofan 11 күн бұрын
"Inflation is transitory" - Treasury Secretary Janet Yellen in 2021.
@sshobbies276
@sshobbies276 11 күн бұрын
Brian, thank you so much for investing your time to share with us. Thank you!!
@Theonetruegod-hw2ei
@Theonetruegod-hw2ei 11 күн бұрын
He is a liar and when will you stop falling for his lies?
@AllOut305
@AllOut305 11 күн бұрын
He gets compensated insanely by youtube truth me
@Evertraveller
@Evertraveller 11 күн бұрын
"DATA " The new magic word.
@ProdigyRE
@ProdigyRE 11 күн бұрын
I’ve delt with more homeowners behind on their mortgage these last three months on a regular. I haven’t delt with this many in nearly 14 years. There’s a storm brewing
@kingpinz333
@kingpinz333 11 күн бұрын
If we keep letting them do this to us it’s not going to get better. Tea Party anyone ?
@betsyburns1825
@betsyburns1825 11 күн бұрын
Banks--in trouble Housing costs--up Economy--up
@TheOneTrueNoName
@TheOneTrueNoName 10 күн бұрын
"Consumer's in pretty good shape"
@HH-ru4bj
@HH-ru4bj 10 күн бұрын
I think they mean the consumers they care about, which are the ones they see at wine parties and the stores in their closed off section of the city. Everyone else is as invisible to them, as those silver spoons are to us.
@TheOneTrueNoName
@TheOneTrueNoName 10 күн бұрын
@@HH-ru4bj 💯
@user-eg2jr8dt1j
@user-eg2jr8dt1j 9 күн бұрын
Leftists and godless thugs (same thing) lie about everything, why would you expect otherwise?
@drippy_pics9086
@drippy_pics9086 2 күн бұрын
mike jackson’s - they don’t care about us is how they see us like poor roaches
@MarbleForkBand
@MarbleForkBand 11 күн бұрын
I make $25 too much to qualify for food stamps. I have been disabled for 20 years. Never had an issue with paying my bills. Not any more. 😥
@user-vp7ys9mv9q
@user-vp7ys9mv9q 11 күн бұрын
2 working adults in California with “not that lowpay job” barely can afford rent, food and gas.
@debbiewedoe2564
@debbiewedoe2564 11 күн бұрын
Homeless and low income families need help. Can’t afford housing or FOOD.
@keltingr2612
@keltingr2612 10 күн бұрын
Universal Basic Income. They will have you begging for it
@garyleung5760
@garyleung5760 11 күн бұрын
100k salary is low income now.
@hushmoney2058
@hushmoney2058 11 күн бұрын
80k you will starve ...
@rival121
@rival121 11 күн бұрын
60K, homeless. I mean houseless, I mean house insecure. Oh whatever you want to call it without getting cancelled!!
@mlo356
@mlo356 11 күн бұрын
Either he doesn't realize we are talking about the American economy or he believes we are idiots. Either way, not good.
@DJSolistica
@DJSolistica 11 күн бұрын
Most people are idiots.
@jaaaakert
@jaaaakert 11 күн бұрын
Inflation on necessities (Food, Transportation, Housing, Utilities, etc) is up much higher than whatever they are using to calculate the official inflation numbers. That is where the disconnect lies.
@Illninnio
@Illninnio 11 күн бұрын
Unemployment has to be higher than 4 percent considering people who don’t report being unemployed
@sirenmuscle
@sirenmuscle 11 күн бұрын
People are just plain pissed off..that simple.
@Medicine91
@Medicine91 11 күн бұрын
The economy is the crapper. The federal government is running deficits at over 6% of GDP and we have 2% GDP growth. That’s a fiscal stimulus of over 4% of GDP. If the economy was thriving, they would balance the budget.
@jonathantaylor6926
@jonathantaylor6926 11 күн бұрын
@@gyrate98 Found the Biden voter lol
@bwhite9993
@bwhite9993 11 күн бұрын
There is no way only the fed can fix inflation. Too many pieces in play: 1.) Corp greed causing inflation 2.) People who don't stop spending even though they don't have it. (this would force companies to lower prices) 3.) Govt spending like there is no tomorrow. Personally its about time this economy reward savers. Too many people think that 0% is the norm...it shouldn't be.
@sebastianlucas704
@sebastianlucas704 11 күн бұрын
Corporations aren't causing inflation. Their profit margins are at historic lows. Business are shutting down all over, even Costco and Walmart are having trouble.
@prolific1518
@prolific1518 11 күн бұрын
​@@sebastianlucas704 you're ignorant to the facts. Walmart and Costco margins are at all time highs.
@johnnyBrwn
@johnnyBrwn 11 күн бұрын
Exactly. Damn dude, you're brilliant. I'm leaning more from you than school .
@user-kj5fh2bo9z
@user-kj5fh2bo9z 11 күн бұрын
The government does not want savers. The government wants spenders.
@sebastianlucas704
@sebastianlucas704 11 күн бұрын
@@prolific1518 No they aren't, I know this, because I read their reports. Walmart reported a 2% profit margin for 2023. Don't tell me you're one of those people, that think revenue=profit?
@Centexgem
@Centexgem 11 күн бұрын
This year my homeowners insurance up 21%, my medical insurance up 27%. These were notices in May. My auto insurance renews in July. Holding my breath.
@medicatedforyoursafety9349
@medicatedforyoursafety9349 9 күн бұрын
I wouldn’t. 😢 same boat here
@wildwaning9427
@wildwaning9427 11 күн бұрын
"We can't tell ppl what to think or how to feel but our data shows..." Such statements reflects a more glaring issue of those who've been repeating the same narrative for so long they've gaslighted themselves--an issue of morality.
@keithwolf4815
@keithwolf4815 11 күн бұрын
"We are doing everything we can." This government is really mentally ill!!!!!!!!!!!!!!!!
@ShowMeWhatINeedToKnow
@ShowMeWhatINeedToKnow 10 күн бұрын
Federal Reserve isn't a government entity.
@MBarberfan4life
@MBarberfan4life 10 күн бұрын
@@ShowMeWhatINeedToKnow actually, it partly is. Partly public, partly private.
@ShowMeWhatINeedToKnow
@ShowMeWhatINeedToKnow 10 күн бұрын
@@MBarberfan4life Actually, that's a lie. Public entities don't have private share holders.
@damonlawrence3700
@damonlawrence3700 11 күн бұрын
It’s obvious Powell is clueless. The people who got us in this mess shouldn’t be the ones to get us out of it
@Siclone23
@Siclone23 11 күн бұрын
He's not clueless he's lying through his teeth
@laughoutlos
@laughoutlos 11 күн бұрын
Yea why aren’t people happier with the economy ? Geee idk maybe it’s cuz you have to save up for 3 months to go to Wendy’s
@hungp.8191
@hungp.8191 11 күн бұрын
Fed: Well, let's ignore the data and go with gut feelings. Also, my pronouns are "I've been wrong for years..."
@qdood
@qdood 11 күн бұрын
Hope everyone has a great weekend
@aprilsunshine7565
@aprilsunshine7565 11 күн бұрын
Thanks!! And same to u my friend!😎
@BecamePneuma
@BecamePneuma 11 күн бұрын
Buy Bitcoin
@qdood
@qdood 11 күн бұрын
@@BecamePneuma I don't buy Bitcoin way too volatile but I do short it and borrow it. Has paid off quite well.
@BecamePneuma
@BecamePneuma 11 күн бұрын
@@qdood So you prefer infinite printing dollar paper bills instead? Interesting.
@droyal104
@droyal104 11 күн бұрын
Happy Flag Day to You All Too!! 🇺🇲🇺🇲
@unebonnevie
@unebonnevie 11 күн бұрын
"In the meantime it will be painful for people..." Same damn statement two years ago!
@cathytyson5177
@cathytyson5177 11 күн бұрын
They don’t know why people are unhappy because they don’t care and don’t ask!
@DM-op9tp
@DM-op9tp 11 күн бұрын
Brian we the people of the United States would like to know if the federal reserve can be held accountable for printing to much money.
@markme4
@markme4 11 күн бұрын
o
@MrJwyne
@MrJwyne 11 күн бұрын
Consult with an attorney.
@o0GrayMatters0o
@o0GrayMatters0o 11 күн бұрын
*too
@LovelyBeachCoast-us1ec
@LovelyBeachCoast-us1ec 11 күн бұрын
@DM- op9tp all I know is that they can’t be prosecuted 😭
@nellybelly623
@nellybelly623 11 күн бұрын
The answer is no.
@HashCat84
@HashCat84 11 күн бұрын
basically we can not let people know that there is no rate cut in near future, not in election year
@lagunamusic7686
@lagunamusic7686 11 күн бұрын
My bottle of olive oil that used to cost $19 now costs $43. WTF?!? How do they not see this
@stephenloy3535
@stephenloy3535 11 күн бұрын
it makes no sense because they are lying
@hermeskino711
@hermeskino711 11 күн бұрын
Another thing I noticed is that JPow said that "nobody is talking about rate hikes" when Kashkari keeps talking about how rate hikes is not out of the question. Somebody is lying here
@user-ic6xf
@user-ic6xf 11 күн бұрын
End the Fed! The free market should determine interest rates, not the central planners at the Federal Reserve.
@pamelamehl5668
@pamelamehl5668 10 күн бұрын
Gotta get the dollar asset based not fiat.
@caseyjones5145
@caseyjones5145 11 күн бұрын
Idk why anyone acts like poor people are even thought about in these meetings. Its been obvious for years that when these people talk about the economy, WE are not part of it.
@droyal104
@droyal104 11 күн бұрын
True.
@amandarudd3017
@amandarudd3017 10 күн бұрын
FACTS
@acornsucks2111
@acornsucks2111 11 күн бұрын
They cannot cut rates and fight inflation at the same time. The spending of congress is the most important aspect that you seldom mention.
@RoIIingStoned
@RoIIingStoned 10 күн бұрын
He mentioned it almost exclusively in the "Paying higher taxes" video recently.
@jubz727
@jubz727 11 күн бұрын
Thanks Bryan for your hard work and for keeping us informed and up to date
@basedblueboy8770
@basedblueboy8770 11 күн бұрын
The issue is not unemployment rates. The issue is employment compensation and affordability.
@jonathancarter5120
@jonathancarter5120 11 күн бұрын
Unemployment rates will rapidly become a massive issue as AI advancement continues over the next few years.
@Blittsplitt5
@Blittsplitt5 11 күн бұрын
No it won't​@@jonathancarter5120
@MBarberfan4life
@MBarberfan4life 11 күн бұрын
Wages always lag every other price, though. In real terms, they are starting to go up again, but not yet back to where they were prior to 2020.
@benscott6826
@benscott6826 11 күн бұрын
Unemployment rate is always inaccurate
@Siclone23
@Siclone23 11 күн бұрын
They have borrowed so much.
@jedimindgames
@jedimindgames 10 күн бұрын
Most of my generation got abosoltely shafted. Most of us did everything right. Got the degeree we were told to get. Got the job we were told to get with said degree. Now just as most of us were just on the cusp of being prospective homeowners the rug got pulled out from underneath us. We're stuck paying obnoxious amounts in rent even outside of cities. Saddled with tens of thousands of dollars in debt that were now paying on again( yeah yeah i know we signed the contract etc etc. Save yourselves the time.) and now many of us have been laid off for several months and still continue to struggle to find jobs. Food costs have nearly tripled, gasoline doubled, rents up 35% cpmpared to 4 years ago . Energy prices up. We have little hope to be homeonwners anymore. Hell most of us dont even want kids because its just too expensive anymore.
@colettespencer3357
@colettespencer3357 10 күн бұрын
Yep. The only lucky ones are those that can live at home indefinitely
@melindachristisourhope6255
@melindachristisourhope6255 11 күн бұрын
That Powell man is something else...
@sagesky8318
@sagesky8318 11 күн бұрын
I don't see anything prices going down. Unemployment is not doing that well. Places are laying off. They never make sense.
@DJSolistica
@DJSolistica 11 күн бұрын
Unemployment is near historically very low levels.
@penniesfromheaven2511
@penniesfromheaven2511 11 күн бұрын
@@DJSolisticakeep drinking that kool aid DJ…
@DJSolistica
@DJSolistica 11 күн бұрын
@@penniesfromheaven2511 yawn, that all you got?
@vladimirofsvalbard9477
@vladimirofsvalbard9477 11 күн бұрын
@@DJSolistica Yes, because they are utilizing U-3 to calculate unemployment. If you looked into U-6; it would be more like 18%. Gig jobs and Part time jobs are the current market. The jobs being created are primarily ghost jobs being perpetuated to commit unemployment insurance fraud by large companies. You can't prove it because they use 'interview quotas' to give the illusion of the job's existence and also so they can maintain them as 'vacancies'. I'm not joking, try applying for any job. FedEx and Amazon removed their warehousing posts in Columbus, OH for the first time in 12 years. I feel really bad for young people or those fresh out of college/HS.
@user-rw6tm8hx4g
@user-rw6tm8hx4g 10 күн бұрын
​@@DJSolistica yeah because now people need two jobs to have the money they need 🤡 stupidfk
@Halfaloaf599
@Halfaloaf599 11 күн бұрын
Not your job to think about people as people. We are numbers. This world is insane! Get bent. Stop the price gouging then! Food, CAR INSURANCE! I am so pissed off.
@DJSolistica
@DJSolistica 11 күн бұрын
Food companies and insurance companies are raising their prices due to inflation. That's why the fed hiked rates, to address the inflation.
@benscott6826
@benscott6826 11 күн бұрын
They don’t want to fix it
@ahlmost
@ahlmost 11 күн бұрын
Bru.... what is even happening at these meetings 🤦‍♂️
@orion6704
@orion6704 11 күн бұрын
Powell is full of it!
@justin9860
@justin9860 11 күн бұрын
RAISE THE DAMN RATES AND GET THIS OVER WITH.
@dad242
@dad242 11 күн бұрын
November is so close everyone plz vote these people out!!! Get off the couch and VOTE! Enough is enough!
@SayChoow
@SayChoow 10 күн бұрын
It's all rigged
@tsx3214
@tsx3214 11 күн бұрын
Consumer confidence number this morning was way below the expectation too.
@DerkuiDerkui
@DerkuiDerkui 11 күн бұрын
One way to help the Americans is to stop sending money overseas to countries that don't share the same American values.
@SayChoow
@SayChoow 10 күн бұрын
Oh you're gonna love this. Bidet just signed to fund Ukraine (his pockets) for the next 10 years❤
@dr_flunks
@dr_flunks 9 күн бұрын
Israel is better at american values than america is. ukraine has more balls than 50 million liberal progressive millenials.
@markigirl2757
@markigirl2757 9 күн бұрын
Better grow ur own food and make ur own clothes and make sure u only buy from local farmers for meat then
@PissonZionists
@PissonZionists 11 күн бұрын
They need to be fired both people in the department of labor and the federal reserve- they failed and American people suffer
@mrtreezz8251
@mrtreezz8251 11 күн бұрын
I'll reduce my standard of living as soon as the FED and Govt officials do
@Roger-fv9pw
@Roger-fv9pw 11 күн бұрын
CALIFORNIA is doing now lay offs
@elleboyle9452
@elleboyle9452 11 күн бұрын
I'm still just trying to figure out who is lying and who is clueless.
@markigirl2757
@markigirl2757 9 күн бұрын
Clueless more like they know and don’t want to lose their secure job
@txp158
@txp158 11 күн бұрын
The cure for inflation is that the government stops spending or the Fed keeps raising the national interest rate until everything breaks apart. There is no other choice.
@Siclone23
@Siclone23 11 күн бұрын
They should pay back the interest with their payroll paychecks.
@Aliens-Are-Our-Friends2027
@Aliens-Are-Our-Friends2027 9 күн бұрын
$150 billion to Ukraine instead of $200 to every American
@BigD4Real.
@BigD4Real. 11 күн бұрын
Could you talk about how the petrodollar just ended and how that could have an effect on inflation?
@crazydragun1
@crazydragun1 11 күн бұрын
Seems like an exact parallel to animal farm.
@adant4815
@adant4815 11 күн бұрын
Am I the only one who thinks that they should've done another rate hike to end this. It looks like they are dragging this out as long as possible 😭 things are still expensive.
@Kevinw4040
@Kevinw4040 11 күн бұрын
There’s just no way for Powell to get rates down unless Biden stops spending money like drunken sailors.
@RoganBits
@RoganBits 11 күн бұрын
My bank just changed the balance requirement for checking accounts to $500.
@barrybarry8564
@barrybarry8564 11 күн бұрын
Raise the rates to 10% already muahahaha
@MBarberfan4life
@MBarberfan4life 11 күн бұрын
Volcker would have done that already, along with unlimited QT.
@MBarberfan4life
@MBarberfan4life 11 күн бұрын
​@@dissident112I didn't say QE. I said he would have reversed the QE: QT. QT
@MBarberfan4life
@MBarberfan4life 11 күн бұрын
​@dissident112 there is no free market in the bond market: it's rigged. That's the issue. Until then, discretionary monetary policy is just silly
@barneycasting8331
@barneycasting8331 10 күн бұрын
No one talks about the generosity of the American people! We Ukrainians love Americans, they are paying all our bills.
@quanghong9337
@quanghong9337 11 күн бұрын
I own restaurants our food cost is high and businesses are down 35%
@Gibby-pn6yx
@Gibby-pn6yx 11 күн бұрын
CUTTING INTEREST RATES WILL MAKE INFLATION WORST, THEY NEED TO RAISE RATES TO BRING DOWN INFLATION
@Bjamin9891
@Bjamin9891 11 күн бұрын
Exactly. Should have let banks fail in 08 should have let the market not the government figure out covid now it’s incredibly bad
@DonYuJuana
@DonYuJuana 11 күн бұрын
They're doing this to sabotage the next presidential administration. It's intentional.
@AlexBond-qy1ip
@AlexBond-qy1ip 11 күн бұрын
Caps lock ON it's shouting 🤬 You're rude!!! Language!!
@itshadouken
@itshadouken 11 күн бұрын
Higher rates will also increase inflation because it will cause banks to collapse, bailouts to be issued and it will reduce GDP growth. There’s really NOTHING the Fed can do to sustainably reduce inflation. We need GDP growth and reduced government spending
@jenniferadkins6154
@jenniferadkins6154 11 күн бұрын
OK, biden lover
@ripsirwin1
@ripsirwin1 11 күн бұрын
People need to go to prison
@vladimirofsvalbard9477
@vladimirofsvalbard9477 11 күн бұрын
Start with Trump, Biden, The FED, and anybody that shut down the economy in 2020.
@age_of_reason
@age_of_reason 11 күн бұрын
They will cut before the election yet they say politics don't affect their decisions. 🤣
@colinsmith2821
@colinsmith2821 9 күн бұрын
Makes no sense to lower interest rates.
@rinzin_la
@rinzin_la 11 күн бұрын
Thanks for keeping us updated 🙏🏼🙏🏼
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