Federal Reserve in Serious Trouble: "Inflation Projection Has Fallen Apart"

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ClearValue Tax

ClearValue Tax

Күн бұрын

Пікірлер: 2 200
@RecklessG1
@RecklessG1 7 сағат бұрын
I don't understand how inflation keeps going back up.... I mean we're only printing a trillion dollars every 100 days. This truly is a riddle.
@joshuacampbell91
@joshuacampbell91 7 сағат бұрын
A real Scooby Doo mystery to be sure
@JefferyStewart-g9u
@JefferyStewart-g9u 7 сағат бұрын
​@@joshuacampbell91No mystery. It's plain and simple price gouging with no corporations being punished for it.
@cfwin1776
@cfwin1776 6 сағат бұрын
The more green backs they print, the higher inflation we will get. My dog Scooby is getting less snacks because of inflation.
@mitchellness9920
@mitchellness9920 6 сағат бұрын
people keep spending getting more in debt
@bookkeepingtipswithty
@bookkeepingtipswithty 6 сағат бұрын
That debt is an asset on their balance sheet because it is borrowed to the banks. The banks then borrow it to any idiot that will take a loan out, so in the end, it is consumer debt that pays the interest. yes, printing money indirectly causes debt, but it's the dodo's maxing out their credit cards and mortgages that are directly causing it and paying for it.
@mikeg1032
@mikeg1032 8 сағат бұрын
Give them all salaries of $50,000 before taxes and see how fast they fix the government 😡😡😡
@napfreedom2153
@napfreedom2153 8 сағат бұрын
Right 😂😂😂😂😂 50K before taxes. Moves would happen then.
@mammydammy
@mammydammy 8 сағат бұрын
I love this comment👏
@Roninbuilt
@Roninbuilt 8 сағат бұрын
FED is a private bank. NOT part of the government.
@Curiousinternetperaon
@Curiousinternetperaon 8 сағат бұрын
You think they care about that “salary” 😂😂 that’s not where the money is
@adhdude2854
@adhdude2854 8 сағат бұрын
I'd vote for this
@midnightrider5797
@midnightrider5797 8 сағат бұрын
The federal reserve is not in serious trouble! People are in serious trouble. This shit runs downhill.
@skyskiler1350
@skyskiler1350 7 сағат бұрын
Perfectly said
@MORRILL_MUSIC
@MORRILL_MUSIC 7 сағат бұрын
My crypto is in trouble
@autumnlynn
@autumnlynn 7 сағат бұрын
@@MORRILL_MUSIC My thoughts exactly lol.
@helloitsmehb
@helloitsmehb 7 сағат бұрын
@@MORRILL_MUSIC That’s because you just bought your crypto
@Gerardo032002
@Gerardo032002 7 сағат бұрын
We all are in real trouble...
@Jakesmusings
@Jakesmusings 3 сағат бұрын
These idiots call it inflation; the rest of us call it corporate greed!
@flavius3896
@flavius3896 6 сағат бұрын
"Inflation is down to 2%" means that the inflated prices that have been increasing for 5 years are compounding another 2% more each year. No prices have gone down and none ever will.
@dawnfire82
@dawnfire82 4 сағат бұрын
Well, yeah. That's how inflation works.
@TristanMorrow
@TristanMorrow 2 сағат бұрын
Target is 4% fwiw
@gridtac2911
@gridtac2911 2 сағат бұрын
​@@TristanMorrow that's a lie. Target is as high as they can get it without causing a rebellion
@BenHeckHacks
@BenHeckHacks 7 сағат бұрын
Fed "Inflation is "2.7%" Insurance companies: (shifts decimal point right)
@joseeduardo4327
@joseeduardo4327 6 сағат бұрын
Look at data for storms and accidents/fatalities
@wtfdoino605
@wtfdoino605 6 сағат бұрын
Willy-nilly debt creation leads to willy-nilly claim denials. It is all AAA, right.
@jarcadipane2849
@jarcadipane2849 5 сағат бұрын
@@wtfdoino605 Government is borrowing a trillion every 100 days. THERE is NO WAY we only have 2.7% inflation unless you're adding that number to the number we got every month this year!
@wtfdoino605
@wtfdoino605 5 сағат бұрын
@@jarcadipane2849 Did you mean to @ someone else? I am just saying debt is being created without suitable assurance.
@kraven4444
@kraven4444 5 сағат бұрын
meanwhile the dollar loses 5% a year, but yeah we're aiming for 2%. lol.. I hope they shut them down.
@irsmun
@irsmun 8 сағат бұрын
Inflation is cumulative. As long as we have positive numbers, no matter how small, prices are going up. (or rather your dollar is going down)
@dustin9258
@dustin9258 7 сағат бұрын
This is what too many people don’t get. It’s misleading when they say “Inflation going down”. What they mean is “The dollar is being devalued at a slower rate than it was last year”.
@Andocus1213
@Andocus1213 7 сағат бұрын
Then do not keep the dollar for anything other than 3-6 months of expenses. Would you rather have deflation?
@orhanmekic9292
@orhanmekic9292 7 сағат бұрын
You can forget deflation. All they want is 2%. But then again FED is flying blind.
@postmodernmining
@postmodernmining 7 сағат бұрын
And its also a rate of acceleration, not speed.
@tannerdavisr
@tannerdavisr 7 сағат бұрын
Okay... But a deflationary period would mean even harder times for people because jobs would be dropped left and right. Especially if it meant going back to pre-pandemic levels of costs.
@Luneytoon
@Luneytoon 7 сағат бұрын
They really said “the public isn’t complaining about inflation as much as we thought, so we can increase it”
@anjijack5392
@anjijack5392 7 сағат бұрын
It's what happens when it's been smoke and mirrors that they've presented to the people for the past few years. We've been led down a primrose path. 😢
@samuraitadpole5459
@samuraitadpole5459 7 сағат бұрын
This is why educating yourself on what the elites are doing is important
@LAS495
@LAS495 6 сағат бұрын
Those of us on a fixed income are certainly worried. When you’re disabled, you can’t just run out and get a job.
@johnc3525
@johnc3525 6 сағат бұрын
Half of the country is actually now pretty happy about high inflation because their Dear Leader said he's going to put tariffs on the whole world and he can't guarantee anything.
@BlackSuperman643
@BlackSuperman643 6 сағат бұрын
🤯
@mrshaw9201
@mrshaw9201 5 сағат бұрын
"...another good year..." - the mental gymnastics here are truly unbelievable.
@jarcadipane2849
@jarcadipane2849 4 сағат бұрын
Sure, it's a good year for Powell if you're worth over $200 M
@m.woodsrobinson9244
@m.woodsrobinson9244 2 сағат бұрын
​@@jarcadipane2849 💯
@cresbery3304
@cresbery3304 6 сағат бұрын
Worst days are coming a head. Bad managements and wrong economy policies.
@getonwithit.2847
@getonwithit.2847 7 сағат бұрын
And congress had the nerves to put in a pay raise request in the recent bill ......
@hi2ca2fl11
@hi2ca2fl11 7 сағат бұрын
40% increase!
@bradyshannon8452
@bradyshannon8452 7 сағат бұрын
What if: The raises are based upon actual inflation, and not the cooked numbers? If so, things could get very scary soon..
@bradhaines3142
@bradhaines3142 7 сағат бұрын
there should be a way to lock their raises to scale with the poverty line. so if the bottom gets a raise, they get a raise. if the poor get poorer, they get poorer. would change the way they work so much
@getonwithit.2847
@getonwithit.2847 7 сағат бұрын
@@bradhaines3142 100%. They definitely would buck the fuck up and start working for us as intended.
@hollowpointdaze7363
@hollowpointdaze7363 7 сағат бұрын
The haves and the have nots, I wish I could vote myself a nice raise
@vilesleepy1221
@vilesleepy1221 8 сағат бұрын
Powell is the master of speaking nonsense and making it sound intelligent
@non-gmo
@non-gmo 8 сағат бұрын
He really doesn't sound intelligent
@davidgarcia7916
@davidgarcia7916 8 сағат бұрын
Thank you. I was trying to find a way to word it without using profanity. Anyway fuck him.
@dick7305
@dick7305 8 сағат бұрын
Doesn’t sound all that intelligent to me. “Word salad” comes to mind.
@uniani01
@uniani01 8 сағат бұрын
Just another jackass like Garland
@consistenc51
@consistenc51 8 сағат бұрын
I would have gone for Kamala Harris as the master of the word salad lol
@erickilcullen6187
@erickilcullen6187 8 сағат бұрын
The same FED that said inflation was transitory….
@Iamwhosfate
@Iamwhosfate 6 сағат бұрын
And anyone who believed that has a hole in their head and doesn’t understand anything. Inflation is cumulative and only gets worse. Prices are not going up, our money is worthless
@jarcadipane2849
@jarcadipane2849 4 сағат бұрын
Fed and Treasury Secretary who WAS a Fed Chair at one point! Tell me this isn't intentional !
@m.woodsrobinson9244
@m.woodsrobinson9244 2 сағат бұрын
​@@Iamwhosfate 💯
@kimberbergstrom2166
@kimberbergstrom2166 6 сағат бұрын
Hey Brian, you're doing an awesome job thank you.. how's it coming with that job interview? We the people are all behind you in hopes that you get that job! 🙂♥️
@hardtofindagood
@hardtofindagood 6 сағат бұрын
They think this economy and labor market is in good shape. How out of touch are these people
@DJSerpent
@DJSerpent 5 сағат бұрын
They aren't out of touch, they know lol They just can't do shit, because doing anything would mean they just all quit and dissolve the fed.
@kimilsungthefirst6840
@kimilsungthefirst6840 2 сағат бұрын
The economy is great for the rich, that's all that the economic metrics used by the Fed measure. The stock market went up over 30% this year. That's amazing for the Capitalist class, and that's who this country is run for.
@LV9_x
@LV9_x 2 сағат бұрын
American BUSINESS is doing well, they have continually moved 50 trillion over the last 50 years, estimates can be way higher, but this was based on the Rand organization's paper. In America when they say America is doing well, it means Business, which is the primary beneficiary of American wealth. Every other group, which includes the one you and I are in, is considered a special interest. Black, White, Native American, LGTBQ, ect. we are all part of the non American Business interest group, and as such if we aren't doing well, it doesn't matter.
@LV9_x
@LV9_x 2 сағат бұрын
A healthy example of this is incoming wealth projections for businesses have incorporated a soon to be figured out bail out. They have black in their ledger based off of American government bailing them out. This extra income allows them to take riskier loans and choices, because they are considered "Too Big to fail".
@OptimusPrime-x9x
@OptimusPrime-x9x 7 сағат бұрын
The Federal Reserve isn’t in trouble. Who’s in trouble as usual is the average American being negatively impacted by forces beyond their control. More taxes with different names like inflation and tariffs.
@i_like_beer-o2f
@i_like_beer-o2f 5 сағат бұрын
Most of life is determined by factors outside your control. That's just how it is. Be glad you were born in America and not Sudan.
@jarcadipane2849
@jarcadipane2849 4 сағат бұрын
They cannot be 'that' stupid. It must be intentional..
@123v-gt8tm
@123v-gt8tm 3 сағат бұрын
​@@jarcadipane2849 No 💩 genius 😂😂😂😂😂
@tonytoloczko5243
@tonytoloczko5243 3 сағат бұрын
I agree100%😅
@maristelamembreno5279
@maristelamembreno5279 2 сағат бұрын
This is only the beginning. Talk to me mid next year.
@michaelpeebles3490
@michaelpeebles3490 8 сағат бұрын
"It has fallen apart" Finally something true from Jerome's lips...
@benofhumble
@benofhumble 7 сағат бұрын
This is why the guy needs to be on a teleprompter. He destroyed the market
@LordRykard9376
@LordRykard9376 7 сағат бұрын
@@benofhumble This has been 50 years in the making. The trillions printed in the last couple years were the last gasp of a system thats on its way out. It needs to collapse. It will be painful but we will get through it.
@BrisLS1
@BrisLS1 7 сағат бұрын
@@benofhumble Better yet, don't have these pressers, just set the rates, go home, and let people just deal.
@captaincouldverc
@captaincouldverc 8 сағат бұрын
Ofcourse is worse. When energy, housing and food were removed from the metric, the metric will factually bare a false result.
@TreeofLife-r3d
@TreeofLife-r3d 7 сағат бұрын
Exactly 💯
@anjijack5392
@anjijack5392 7 сағат бұрын
💯🎯👏🏻😉
@zf436
@zf436 2 сағат бұрын
and education and health care and transportation and insurance and pest control etc etc etc
@Setofsixty
@Setofsixty 6 сағат бұрын
If this guy was Pinochle his nose would be 10 foot long 😂
@rohitkothari3890
@rohitkothari3890 2 сағат бұрын
Next the govt will say: Market bloodbath is Transitory 😂
@omarvaldez00
@omarvaldez00 8 сағат бұрын
"Another good year" This guy is way out of touch with the american people.
@gamingwitchutuu429
@gamingwitchutuu429 8 сағат бұрын
Who!! The ones in debt or the ones who can spend daddy money
@KpR333
@KpR333 7 сағат бұрын
All the ones buying new cars and buying houses. Armenians in SoCal are doing just fine😅
@zanderion
@zanderion 7 сағат бұрын
I think he meant Nancy Pelosi
@melissaheredia1917
@melissaheredia1917 7 сағат бұрын
Would you rather face a recession?
@omarvaldez00
@omarvaldez00 6 сағат бұрын
@melissaheredia1917 Yes, we need some type of correction. If you look at the numbers, it seems like we are already in a recession.
@fass1977
@fass1977 7 сағат бұрын
He said we’re expecting another good year????? 😂 I guess he thought he was asked about his family’s economy.
@Micfri300
@Micfri300 7 сағат бұрын
Powell will soon find out what a strong economy the us is when countries abroad are in recession. I really don't know what drug powell is smoking to be so upbeat.
@i_like_beer-o2f
@i_like_beer-o2f 6 сағат бұрын
This year has been great. Stock market boomed, low unemployment, solid GDP growth. My personal finances have improved a lot
@Nothingspecial604
@Nothingspecial604 5 сағат бұрын
@@i_like_beer-o2fglad YOU’RE okay here man. Don’t support the “representation”.
@cometasporelcielo
@cometasporelcielo 5 сағат бұрын
stocks are up about 20% over last year. The investor class had a banger year.
@i_like_beer-o2f
@i_like_beer-o2f 3 сағат бұрын
@@Nothingspecial604 median income and median net worth are also at all time highs. The average American is doing fine, and definitely better than any other country. People just love to complain. Americans also like to waste their money on dumb BS they don't need and then whine that they're poor.
@Vansmackable
@Vansmackable 7 сағат бұрын
I don’t watch these press conferences…don’t watch any of the financial channels…I just come here for a quick synopsis which cuts through all the BS on what’s REALLY going on.
@cometasporelcielo
@cometasporelcielo 5 сағат бұрын
yeah you'd be better off if you'd go to the actual sources rather than the opinion.
@RoadTripTravel
@RoadTripTravel 5 сағат бұрын
Ron Paul had it right...we need to "End the FED" Stop printing money out of thin air!
@Texanfirst727
@Texanfirst727 5 сағат бұрын
Inflation has been stalled 3 months ago and he still is lowering interest rates. Powell needs to be fired.
@CrystalKat
@CrystalKat 8 сағат бұрын
It’s like the Federal Reserve didn’t want us to believe our lying eyes…. We all know that inflation is a lot worse than what they’re saying and we also know that unemployment is on the uptick. Low unemployment is actually bad when inflation is high. It actually means that people are working multiple jobs because they can't afford to live with just one. Wages are down and prices are up.
@FortyGritSandpaper
@FortyGritSandpaper 7 сағат бұрын
Its a slave game under nuanced pretenses. Nothing more.
@Micfri300
@Micfri300 7 сағат бұрын
The federal reserve is severely incompetent because the uk canada and the eurozone who are the us major trading countries who they sell exports to are either cutting rates desperately or in a recession.
@jogmas12
@jogmas12 6 сағат бұрын
“You can’t hide, your lying eyes….” 👀 “fed chairs seem to find out early.. how to tank the market with just a few words…”
@Kathleen67.
@Kathleen67. 6 сағат бұрын
All by design
@miv366
@miv366 6 сағат бұрын
And yet we want to cut taxes for the rich. Say “trickle down economics” few more times
@mvoutour
@mvoutour 8 сағат бұрын
The only reason they are cutting is to help the govt service it's own debt.
@ThePorkchop1787
@ThePorkchop1787 7 сағат бұрын
Then why would they lower the amount of cuts compared to what they planned?
@BrisLS1
@BrisLS1 7 сағат бұрын
Yep, they sat him down about that one, I bet he gave them a sarcastic, "thanks team" for that.
@keekeemyfirstcat8410
@keekeemyfirstcat8410 6 сағат бұрын
The cuts of interest could have been to help Biden or Harris to get elected.
@Ohh695
@Ohh695 6 сағат бұрын
@@keekeemyfirstcat8410look how that turned out
@user-vs3nt8ch2q
@user-vs3nt8ch2q 6 сағат бұрын
bingo
@kevinali3700
@kevinali3700 7 сағат бұрын
The FED has been dragging this out now for going on almost 4 years with the shenanigans and we knew all along all that transitory crap was a bunch of BS!!!
@mikeautry2271
@mikeautry2271 5 сағат бұрын
Inflation is 28%...2.7% is bull..everything in America is 28%.
@KidCity1985
@KidCity1985 5 сағат бұрын
Not rent
@83drika
@83drika 4 сағат бұрын
nope
@dawnfire82
@dawnfire82 4 сағат бұрын
That's not at all how it works. Inflation is measured incrementally over time. If it were 28%, that would mean prices were 28% higher than (say) at this time last year. They're not.
@f1pro910
@f1pro910 3 сағат бұрын
@@dawnfire82it is higher than last year. Did you check milk, bread price compared to last year? It is more than 28%
@michaelwachendorf2096
@michaelwachendorf2096 3 сағат бұрын
Projected to jump again soon. If it jumps another 30 percent you're looking at a housing market bubble in the near future. People will have to live off of credit cards and that will cause the crash they been stalling
@Siclone23
@Siclone23 5 сағат бұрын
It's like the band playing on the Titanic as it is sinking
@oldninjarider
@oldninjarider 7 сағат бұрын
Stop printing money. This has been caused by reckless spending and huge deficits.
@MichaelORourkeProd
@MichaelORourkeProd 5 сағат бұрын
As far as I’m concerned they can cut 75% of all government agencies and 90% of all federal employees. And those that are left can work out of plywood huts. 🎉
@julitakamaki4386
@julitakamaki4386 4 сағат бұрын
The US government needs to stop giving tax payer money to parasitic nations.
@funnyfacez74
@funnyfacez74 4 сағат бұрын
Exactly! Trump printing enormous amounts of money during his last year of presidency in 2020 for PPP Loans (Millions forgiven), Stimulus Checks, AND unemployment boosts was ridiculous!
@kyle6781
@kyle6781 4 сағат бұрын
That's why we elected trump because any Democrat would print trillions more for ukraine and for hand outs... if you know, you know we dodged a apocalypse with kamala losing
@FreeMTrider
@FreeMTrider 3 сағат бұрын
@@funnyfacez74 tRump signed an executive order in 2018 in the amount of $28 billion (I have also read it increased to $60 billion due to no new markets) agricultural subsidy after his tariffs killed the soybean and grain markets in China. They moved on and now get these products from Brazil and other countries. It's not coming back.
@consistenc51
@consistenc51 7 сағат бұрын
I really wonder if Powell goes home at night and gets tired of his own bs
@ColonelBuzzsaw
@ColonelBuzzsaw 7 сағат бұрын
My guess is that he thinks he has done a great job on any day that the citizens have NOT begun building a gallows on the front lawn of the federal reserve.
@123v-gt8tm
@123v-gt8tm 3 сағат бұрын
He goes home and counts his money at your expense 🤑💰😂😂😂😂
@Cresendiz
@Cresendiz 7 сағат бұрын
The inflation rate they give is a carefully cooked number.
@jogmas12
@jogmas12 6 сағат бұрын
Cooked books
@DonnieBC
@DonnieBC 5 сағат бұрын
all the information is public.
@bduncan9724
@bduncan9724 4 сағат бұрын
​@@DonnieBC ahhh so when has anything ever been truthful. The data released is simply controlled and thus follows their narrative
@DharaUsul
@DharaUsul 7 сағат бұрын
I told yall, everyone please save your money because everything will go up next year. I knew this was going to happen.
@MatthewSmith-uf6tr
@MatthewSmith-uf6tr 4 сағат бұрын
If it’s going up, why would you bother saving
@An-Engineered-Journey
@An-Engineered-Journey 3 сағат бұрын
Why save? So your bank account can be worth less next year than today? Saving is the last thing you should be doing. You should be investing instead to outpace inflation.
@tomglpn
@tomglpn 2 сағат бұрын
There needs to be zero cuts the next two years
@krnxemb
@krnxemb 8 сағат бұрын
Big corporations are hiring overseas foreign workers in all areas including creative and engineerings. No wonder we can’t get jobs.
@northwestjuggernaut
@northwestjuggernaut 7 сағат бұрын
Customer service, IT, sales, manufacturing. America will not survive
@Joe-nx7nj
@Joe-nx7nj 7 сағат бұрын
You mean these google certs aren't going to get me a job?
@helloitsmehb
@helloitsmehb 7 сағат бұрын
If they are more qualified then yes
@vv-cv6ud
@vv-cv6ud 7 сағат бұрын
@@Joe-nx7njnope you will be replaced sooner or later
@Johanthegnarler
@Johanthegnarler 7 сағат бұрын
No 😂, likely not. Speaking as someone who hires engineers. ​@@Joe-nx7nj
@zeusmaryusep
@zeusmaryusep 7 сағат бұрын
They have to cut interest to lessen the interest paid to the $36+ trillion US govt debt. The cut is not for the benefit of average working americans.
@TimHudson-i1w
@TimHudson-i1w 4 сағат бұрын
And Trump want to remove the debt limit. We are in trouble!
@fandomcheergurl1006
@fandomcheergurl1006 3 сағат бұрын
@@TimHudson-i1w Trump handed them a strong, healthy economy. Biden and cronies füuk it up. Stupid comment stop watching CNN.
@nicolaburgio-ferrara5584
@nicolaburgio-ferrara5584 8 сағат бұрын
Love when the spokesperson says "it's slowing down but it's not declining" and then seconds later "gradually declining but we don't have that kind of precision" lol okay. "The economy is in a really good place right now". "I expect another good year next year". These people.
@ksegg_ffs
@ksegg_ffs 2 сағат бұрын
When the house is on fire and spreading into the neighborhood, it gets harder to lie about it.
@drokhalis3338
@drokhalis3338 2 сағат бұрын
Did Powell forget to take his Xanax/adder-all cocktail before the meeting? Why is he verbally stumbling??
@halfcabking
@halfcabking 8 сағат бұрын
im in shock of how many things they are doing before turning over power
@RecklessG1
@RecklessG1 7 сағат бұрын
Really??? You ain't seen nothing yet!
@MORRILL_MUSIC
@MORRILL_MUSIC 7 сағат бұрын
Completely intentional
@barnabasbucao87
@barnabasbucao87 7 сағат бұрын
Powell isn’t out. Hopefully he resigns but he’s not turning over anything.
@bradhaines3142
@bradhaines3142 7 сағат бұрын
fed is like supreme court, there until they die or decide to leave
@theblockchaintrapper8181
@theblockchaintrapper8181 7 сағат бұрын
Why hasnt his wig got knocked off yet but Trump gets grazed🤔 Gtfoh!😅 I guess they're working they way up from healthcare CEOs now. Then workin all the way up to government efficiency (DOGE) 😂
@kyrielarenta7373
@kyrielarenta7373 7 сағат бұрын
<a href="#" class="seekto" data-time="307">5:07</a> “ let me find these numbers” he’s so full of it 😂😂
@sameagletheregal8526
@sameagletheregal8526 7 сағат бұрын
"Let me make up those numbers."
@Dennis-eo3bn
@Dennis-eo3bn 6 сағат бұрын
haha, he almost got me on that one
@deryaner35
@deryaner35 7 сағат бұрын
I think I am tired of the Federal Reserve manipulating what affects the American people while they do not seem to be living in the same world we are. Inflation continues to rise and the interest rate is not helping the people.
@cometasporelcielo
@cometasporelcielo 5 сағат бұрын
uh, the whole point of managing the federal funds rate is to help curb inflation. but i guess they should've done nothing in 2008.
@randomone4832
@randomone4832 4 сағат бұрын
I thought this was Biden’s fault?
@leonardfuqua7197
@leonardfuqua7197 2 сағат бұрын
The end is nearer than you think! We're in the final hour.
@beccascraps8141
@beccascraps8141 7 сағат бұрын
Incidentally, with the impending tariffs , inflation is going to skyrocket. “Another good year?!” What planet is this guy living on?
@mattsparks5957
@mattsparks5957 4 сағат бұрын
Yeah, inflation is up because of the tariffs Biden implemented in May of 2024
@jarcadipane2849
@jarcadipane2849 4 сағат бұрын
I think that it is possible, however, I think that the tariffs will actually spur greater investment in the US and an increase in employment. As long as this is done at a managed rate, we should have more products and services to choose from here and hopefully with an appropriately tax break, net costs should be lower...
@nFWAYGo
@nFWAYGo 8 сағат бұрын
We all knew inflation was much worse. Lol but hey let’s give all the politicians pay raise for sucking in their jobs
@BrianButterworth-s4z
@BrianButterworth-s4z 7 сағат бұрын
Fed isn't government. It is a private bank our congress let steal from us.
@DonnieBC
@DonnieBC 5 сағат бұрын
Inflation is an average and is not meant to represent any single individual consumer.
@css9885
@css9885 8 сағат бұрын
We are all in trouble. Life to get even more expensive soon.
@agungshafari8355
@agungshafari8355 8 сағат бұрын
The great melt up
@vitaliyv1849
@vitaliyv1849 8 сағат бұрын
💯
@SpaceCredits
@SpaceCredits 7 сағат бұрын
Intentionally done
@ronaldhernandez6866
@ronaldhernandez6866 7 сағат бұрын
I thought Trump was going to fix inflation. Trump, the liar!
@malgosiak790
@malgosiak790 7 сағат бұрын
He's not president yet is he? Lol​@@ronaldhernandez6866
@luckielefty7715
@luckielefty7715 7 сағат бұрын
Raise your hand if you already knew everything that was going to happen because Brian already told you what was going to happen 🙋🏾‍♀️. Powell < Brian
@mooncoos
@mooncoos 5 сағат бұрын
The Reserve should be thoroughly investigated.
2 сағат бұрын
Can't
@johnmore7089
@johnmore7089 7 сағат бұрын
Funny. Soon as Trump comes in it's fallen apart. How is there inflation when the economy is shit
@robertadams1558
@robertadams1558 2 сағат бұрын
That was the plan blame the economy on him
@griffinarcher2911
@griffinarcher2911 8 сағат бұрын
How can they ask the same question 4 times and still not get an answer. He's so slippery
@edcooper4301
@edcooper4301 4 сағат бұрын
As is all of our current government
@fandomcheergurl1006
@fandomcheergurl1006 3 сағат бұрын
Powell is cut from the same fabric as Kamala all talk and no answers, incompetent and unqualified
@skyskiler1350
@skyskiler1350 7 сағат бұрын
Powell is too old for this job. We need the next generation in there.
@jonathantaylor6926
@jonathantaylor6926 6 сағат бұрын
Na the boomers own this cluster.
@evefam4984
@evefam4984 4 сағат бұрын
@@jonathantaylor6926this one and pretty much every other department.
@S1n1st3r0n3
@S1n1st3r0n3 7 сағат бұрын
I used to pay $3.50 for a carton of 18 eggs. Gradually the price went up to $7. Yesterday I paid $7 for 12 egg pack. Even the rotisserie chickens have gone up from $5 to $9.
@vv-cv6ud
@vv-cv6ud 7 сағат бұрын
So what’s your point ?
@johnc3525
@johnc3525 6 сағат бұрын
Egg prices were affected by bird flu. Kroger was caught red handed admitting they raised prices above inflation.
@bobb7918
@bobb7918 6 сағат бұрын
I’ve noticed that too but inflation is low 😂
@cristiannegru8038
@cristiannegru8038 6 сағат бұрын
Must be your state. Here in Oklahoma it's $3.50 for a dozen eggs and chicken is still 5 at Sam's and Costco
@2cartalkers
@2cartalkers 6 сағат бұрын
Geez, it's simple, QUIT EATING!
@jaym9846
@jaym9846 6 сағат бұрын
FED is government's fall guy.
@puritanbob
@puritanbob 7 сағат бұрын
Good stuff as usual, real economic analysis we won’t get from the mainstream media.
@Jupiterxice
@Jupiterxice 7 сағат бұрын
We need to get rid of the Fed Reserves. There I said it and meant it...........
@Harpazoclothing
@Harpazoclothing 7 сағат бұрын
Don’t worry, a CBDC will be their “solution.”
@amvet_gwot1969
@amvet_gwot1969 7 сағат бұрын
Congress should be paid based on the median household income in their state.
@gnjprice
@gnjprice 4 сағат бұрын
They will just raise that laugh out loud…. Until we remove government, we will always be controlled.
@jarcadipane2849
@jarcadipane2849 4 сағат бұрын
They ARE actually looking for a 40% increase right now with this new 1500 page bill ...
@amtru13
@amtru13 8 сағат бұрын
raise the interest rates to 8 percent, get it over with
@ScottDieken
@ScottDieken 8 сағат бұрын
you will look really smart when inflation takes off.
@gamingwitchutuu429
@gamingwitchutuu429 8 сағат бұрын
Shut up
@bradhaines3142
@bradhaines3142 7 сағат бұрын
@@ScottDieken no, it would just almost instantly crash the economy, then force a reset of how most businesses work
@rdee7406
@rdee7406 7 сағат бұрын
@@ScottDiekenI like inflation, I have a mortgage at 2.75%
@FlintIronstag23
@FlintIronstag23 7 сағат бұрын
@@ScottDieken In 1981 Fed chairman Paul Volker raised the Federal Funds Rate to 20% to stop the long festering inflation in the country. There was definitely some economic pain, but it did finally bring inflation down.
@LowEnd-DropC
@LowEnd-DropC 6 сағат бұрын
Inflation isn’t coming down fast enough, he should have raised .25 back in Sept. He will be lowering rates much faster next year, will be the same as back in 2008.
@edcortes5764
@edcortes5764 6 сағат бұрын
Love how he reacts with total frustration. Best analysis I've seen on utube.
@killlamas57
@killlamas57 8 сағат бұрын
The Fed should be embarrassed
@buyerbware25
@buyerbware25 7 сағат бұрын
The correct spelling is "eliminated."
@jarcadipane2849
@jarcadipane2849 4 сағат бұрын
They are getting richer and the American public is becoming poorer , day by day by day ..
@Earthdweller1958
@Earthdweller1958 7 сағат бұрын
The Fed is out of it's depth. Someone should have ask him why a new Ford F150 with a basic trim package cost $50,000+ and why most working Americans can't afford one.
@jimson11
@jimson11 6 сағат бұрын
$50,000 cars were never meant for “most working Americans.” Cars are for getting from A to B
@jonathantaylor6926
@jonathantaylor6926 6 сағат бұрын
I was talking to a guy about his excavator. Nice machine. He paid $46,000 brand new from the dealer just over 3 years ago. I recently got multiple quotes for this exact machine and its now $61,200. This is especially crazy because the dealer lots are full. There was a time you had to wait like 9 months after you ordered a machine so I sorta understood the higher prices at the time.. but the dealers now have stacks of these things yet the much higher prices remain.
@mrsc1742
@mrsc1742 5 сағат бұрын
I think that's his point. It shouldn't be 50k. The average American can't afford it.
@DawnRK3204
@DawnRK3204 4 сағат бұрын
Yeah. We need a business truck but cannot afford it, so we keep using our family van.
@1980maranda
@1980maranda 8 сағат бұрын
Get these Boomers out of office!!
@d.l4055
@d.l4055 7 сағат бұрын
It's systemic retaliation, not Boomers.
@scotteric8711
@scotteric8711 7 сағат бұрын
Don't worry, bed time is coming. Same with the oldest of Gen X.
@vladimirofsvalbard9477
@vladimirofsvalbard9477 7 сағат бұрын
@@d.l4055 Boomers are interested in maintaining their asset values at the expense of the rest of the economy. It IS age driven; such a pathetic system.
@albertgarcia8070
@albertgarcia8070 7 сағат бұрын
Such an uneducated comment. Being a boomer, gen-x or z doesn't matter. It the type of person were placing in these positions. People who are greedy, selfish, have no morals, ethics, and values. These type of people are in every generation.
@d.l4055
@d.l4055 4 сағат бұрын
@@scotteric8711 You better move out of the basement before they are.
@ransonhall4834
@ransonhall4834 6 сағат бұрын
I know this takes a lot of time to video edit. I appreciate you doing these videos. Saves me so much time!
@dannyivantv
@dannyivantv 6 сағат бұрын
Perhaps, ~3% inflation with ~4% unemployment is better compared to ~2% inflation ~5% unemployment in the eyes of the fed. Thoughts?
@ross-smithfamily6317
@ross-smithfamily6317 7 сағат бұрын
Wow!! Powell had a really difficult time answering those questions. Either he can't answer in good conscience or he intends to foster confusion or expectation of not cutting interest rates AT ALL.
@anjijack5392
@anjijack5392 7 сағат бұрын
Someone got to him a few years back. He hasn't been the same since.
@shengyang021185
@shengyang021185 8 сағат бұрын
Somehwere in America, Mario is heating up his 3D printer and taking a closer look at the data...
@briawaller2774
@briawaller2774 7 сағат бұрын
😂😂😂😂😂 love it
@misterkid
@misterkid 7 сағат бұрын
We need Bowser
@PineappledoesnotbelongonPizza2
@PineappledoesnotbelongonPizza2 5 сағат бұрын
Mario?
@conheo4
@conheo4 4 сағат бұрын
Free Luigi
@Fromhometohustle
@Fromhometohustle 7 сағат бұрын
We knew they were lying…
@lucasgaeta3403
@lucasgaeta3403 7 сағат бұрын
cuz their lips were moving
@Rick-y7r
@Rick-y7r 4 сағат бұрын
Leaving a mess for Trump
@vector006
@vector006 2 сағат бұрын
I mean Powell stated they are cutting because current rates are still restrictive... He's said repeatedly before that they are walking a fine line and dealing with lagging indicators. I think he's cutting less to ensure progress is made to move the economy forward without giving oxygen to inflation to start burning again. Once DOGE starts cutting trillions of dollars off the budget, we're in good shape imo
@mattbleiler7294
@mattbleiler7294 8 сағат бұрын
They should still be raising the rates.
@dragonofparadise
@dragonofparadise 7 сағат бұрын
If it is actually Inflation they care about, they are actually worried about the interest expense on the National Debt getting so high that they cannot pay it with massive amount of fantasy money printing.
@jarcadipane2849
@jarcadipane2849 4 сағат бұрын
Makes you think he is doing this intentionally to make the new admin experience some resistance...
@skyrob6505
@skyrob6505 8 сағат бұрын
Everything is and still is getting worse day by day and over night
@scooter06rb
@scooter06rb 8 сағат бұрын
It will get worse when tariffs kick in.
@LordRykard9376
@LordRykard9376 8 сағат бұрын
@@scooter06rb Bro would you like to pay half of the taxes you pay now? You should be begging for tariffs.
@RMwhite
@RMwhite 8 сағат бұрын
@@LordRykard9376begging for tarries? 😂 Jesus, don’t show your idiocy so flagrantly
@scooter06rb
@scooter06rb 8 сағат бұрын
@@LordRykard9376 tariffs are a tax on imports. I am not rich enough to benefit from Trump's proposed tax cuts.
@griffinarcher2911
@griffinarcher2911 8 сағат бұрын
​@@scooter06rb IF the tariffs kick in. tariffs on ME and CA are unlikely and so what will really have impact is the tariffs on China, if those are to happen
@GilbertVelasquez-r6b
@GilbertVelasquez-r6b 8 сағат бұрын
Lol I monitor inflation with the price of eggs 😂 I'm serious
@imwrongbutlisten
@imwrongbutlisten 8 сағат бұрын
Bird flu
@eriction84
@eriction84 8 сағат бұрын
​@@imwrongbutlisten More Fauci nonsense.
@TheGeorgeee13
@TheGeorgeee13 8 сағат бұрын
$32 here for 5 dozen eggs in CA
@lateralus6512
@lateralus6512 8 сағат бұрын
@@TheGeorgeee13 5 dozen? So 60 eggs? Why not just measure it per dozen (12)?
@TheGeorgeee13
@TheGeorgeee13 8 сағат бұрын
@@lateralus6512 yeah 60 eggs is 5 dozen? What are you trying to say
@dspirit2
@dspirit2 2 сағат бұрын
Rates need to be cut because our Federal deficit is too high. Our Interest payment alone this year is already over $1 TRILLION! But Powell will not mention that as the reason for cutting rates because the Federal Reserve is suppose to be independent from the government. In reality, not really.
@vitalsigns6403
@vitalsigns6403 5 сағат бұрын
He believes the FED? Thats so cute.😂
@matthewmcelyea2970
@matthewmcelyea2970 7 сағат бұрын
Powell has the Karine Jean-Pierre starter pack, constant deflection, non answers, all he is missing is the giant 6” binder. Insane how out of touch these people are. Heads need to roll!
@cometasporelcielo
@cometasporelcielo 5 сағат бұрын
planning to go luigi?
@hardlife507
@hardlife507 4 сағат бұрын
If anything from anyone needs to roll. That's the current and new administration coming in. But a Mormon like yourself doesn't understand that. The Fed is the one trying to keep things under control but Sleepy Joe and Humpty Trumpy make it hard
@matthewmcelyea2970
@matthewmcelyea2970 4 сағат бұрын
@@cometasporelcielonot at all, people in power need to look at the reality of the situation and current state that the average American is in because of their poor decisions. They can’t relate to how we are living because they are up on a mountain. Think about it. Wake up.
@TimothyMichaels
@TimothyMichaels 8 сағат бұрын
We the people are in serious trouble.
@LordRykard9376
@LordRykard9376 7 сағат бұрын
Naw we good. The system is collapsing and with Trump at the helm, we have a chance to reduce government down to levels we haven't seen since the 1870s. Is it going to be painful? Sure. But we are going to be doing very well once we get out the other side.
@cultleader3572
@cultleader3572 7 сағат бұрын
​@LordRykard9376 if we cut 100% of federal workers jobs it saves $280 billion a year. We need to cut $1.95 trillion to just balance the books 😂😂😂 we fucked
@miguelflores8631
@miguelflores8631 7 сағат бұрын
“We ThE pEoPLe” stfu that shit is cringy af
@kb1236
@kb1236 7 сағат бұрын
@@cultleader3572 They are trying to cut out a lot of the fluff too that they keep tacking on to these bills.
@colbyharrington6166
@colbyharrington6166 7 сағат бұрын
Trade has a lot to do with that 1.95 trillion deficit. Trump had been there before when the deficit was 1 trillion. Imagine those who screamed 1 trillion was bad.
@CSSZiegler
@CSSZiegler 7 сағат бұрын
It's time to abolish the Federal Reserve and replace the current fiat financial system with the Quantum Financial System
@moose7145
@moose7145 5 сағат бұрын
This is a yes or no question. Your answer? Perhaps.
@worndown8280
@worndown8280 4 сағат бұрын
Let me know when its time. I have my pitch fork, feather pillow and bucket of tar waiting.
@robertjohnson4401
@robertjohnson4401 2 сағат бұрын
The reason the Fed is insistent on lowering interest rates is the federal government is having a difficult time paying their outstanding debt service from the treasury bonds.
@waldo1967
@waldo1967 8 сағат бұрын
Yet my bank cut my savings rate by .25% yesterday. Makes me wonder if this was their plan all along.🤔
@the_freedom_movement
@the_freedom_movement 8 сағат бұрын
Yeah, webull has been cutting their apr by .25 as well.. I don't like it!
@BlackFreemen
@BlackFreemen 7 сағат бұрын
Same with Robinhood. They lowered my APY to 4.75%
@RealMTBAddict
@RealMTBAddict 7 сағат бұрын
Get a mutual fund. I get 12% return.
@TreeofLife-r3d
@TreeofLife-r3d 7 сағат бұрын
Of course it was
@beckiwildeman600
@beckiwildeman600 6 сағат бұрын
Most all of Congress are related to the Bankers.
@midnightexpress1567
@midnightexpress1567 7 сағат бұрын
It's all a scam. They will never admit it. End of story
@bruceforshay4972
@bruceforshay4972 8 сағат бұрын
Great show - employment was off by, what 1.5-1.9% (in the wrong direction) and inflation was off all this time. The books are sitting next to some Crisco.
@the_freedom_movement
@the_freedom_movement 8 сағат бұрын
The books are about to be cooked, lol
@krunchyapples
@krunchyapples 6 сағат бұрын
If their mouths are open they are lying
@elvo6217
@elvo6217 2 сағат бұрын
I heard different answers out of him then you implied.. i hear the direction is right over all and the progress has been good for the total year but right now its slowing down and they are just being cautious. Their projection is still that it will further improve deflation But all i heard you saying is that he said inflation will go up .
@YupMhhhm
@YupMhhhm 3 сағат бұрын
They aren’t stupid, they are lying to you. Since when has anything to do with money also included honesty.
@m.woodsrobinson9244
@m.woodsrobinson9244 2 сағат бұрын
💯
@vincentnnyc
@vincentnnyc 8 сағат бұрын
no wonder the stonk market drops 1000+ points yesterday
@sunnyside9273
@sunnyside9273 7 сағат бұрын
Profit taking & repositioning is all
@TimHudson-i1w
@TimHudson-i1w 4 сағат бұрын
It should be around 15K. It is so inflated.
@IndigoValley92
@IndigoValley92 8 сағат бұрын
Powell is incompetent to answer
@innaminute523
@innaminute523 8 сағат бұрын
They're cutting rates to help the big debtors.
@jasona5806
@jasona5806 8 сағат бұрын
commercial real estate and the Gov
@gamingwitchutuu429
@gamingwitchutuu429 8 сағат бұрын
@@jasona5806no! The people
@skyskiler1350
@skyskiler1350 7 сағат бұрын
Bingo! Thry are working to keep the wherehouses from going under.
@casadoroger
@casadoroger 5 сағат бұрын
Thanks for breaking everything down so thoroughly. Your content is excellent.
@snail415
@snail415 2 сағат бұрын
And people wonder why all the sudden there are ‘drones’ flying over Jersey. “Look over there! Aliens wanna finally clean that joint up! Meanwhile, we’re gonna prepare our bunkers…”
@deborah5578
@deborah5578 8 сағат бұрын
he should be fired
@Demonico4
@Demonico4 8 сағат бұрын
Absolutely not, Powell has been doing a good job.
@bansheezs
@bansheezs 7 сағат бұрын
anyone who said transitory inflation in this position should have been fired long ago.
@ForeverDownByLaw
@ForeverDownByLaw 2 сағат бұрын
Can't be.
@IIIIthruXII
@IIIIthruXII 8 сағат бұрын
You have people struggling on bills of all sorts with no help but yet this govt can be all relaxed knowing things are getting worst
@schan9547
@schan9547 6 сағат бұрын
The more we suffer the greater profits they rake in. Sky high energy bills and property taxes. Tariffs are taxes; plus more taxes due on higher prices. Trump wasn't lying when he said this will be the most prosperous time in American history. Prosperous for the elite.
@MisterBlinkBlanco
@MisterBlinkBlanco 7 сағат бұрын
<a href="#" class="seekto" data-time="80">1:20</a> Gotta stay triple masked up in 2024.
@paulherbert5548
@paulherbert5548 2 сағат бұрын
Red Badge of Courage.
@beachbumLifestyle
@beachbumLifestyle 7 сағат бұрын
Black Friday and Christmas is why 😂 after Christmas you will see inflation go down
@chrisjpritchard
@chrisjpritchard 3 сағат бұрын
I'm a lone wolf analyst, and I was saying all along that back door public cash injections are preventing real rates from coming down. In fact it was well known that manufacturers have made price increments because they know the public had extra cash in their pockets because of the cuts . So its a vicious circle as manufacturers design new cash margin for profit either by removing items in boxes , shrinking the boxes , or hiding the items in the box with more air. I projected Dixie, back in 2022, at 114-118 when all the dust has settled and US 30Year yield topping out at about 7%. I still maintain that view meaning I saw common knowledge history being re-baked.
@chuckchan4127
@chuckchan4127 8 сағат бұрын
Be straight with me: are we at risk of entering a Depression?
@deadman1367
@deadman1367 7 сағат бұрын
the best question
@paulherbert5548
@paulherbert5548 2 сағат бұрын
No. worse. Hyperinflation.
@ForeverDownByLaw
@ForeverDownByLaw 2 сағат бұрын
No.
@kcloveonaleash
@kcloveonaleash 8 сағат бұрын
Word salad- Jerome is a master at it
@rob4147
@rob4147 8 сағат бұрын
JPOW messaging is all over the place... revising the job report by almost 1 million each time makes it really hard to trust anything he has to say.
@joshuaableiter4545
@joshuaableiter4545 4 сағат бұрын
Right now the Federal reserve is hagrid from Harry Potter saying, "I shouldn't have told you that..."
@soswalter
@soswalter 5 сағат бұрын
Yesterday's NAMBLA meeting must have been canceled for Powell to be answering so many questions
@paulc9739
@paulc9739 2 сағат бұрын
NAMBLA?
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