It feels that Dalio is just more advanced in his thinking than Summers. Much more pragmatic and simple, which is a sign of greater wisdom. Team Dalio 💯
@adamgrimsley29003 жыл бұрын
Dalio is irrelevant, it's whether his view has more evidence
@MI-df8fr3 жыл бұрын
I think summers is much more confident in his remarks
@avarmauk3 жыл бұрын
An example of theory vs practical knowledge.
@robertburton80553 жыл бұрын
When you’ve got a Harvard economist and one of the most successful hedge fund managers in the world with an amazing breadth of economic knowledge and experience having a disagreement on the outlook you had best believe the people running the fed don’t agree either. It’s not about agreeing with either one because who the fuck are we??? What you should recognize is that 2 brilliant minds in the same field can’t even agree on the probable outcomes and to me that’s a sign that we are in for some ROUGH days ahead because if they don’t know what’s coming or what the proper reaction is neither do the people with the power to pull the actual levers that dictate fiscal policy.
@Danster823 жыл бұрын
"Its not clear which way to go" because you are trying to tweak a system that is fundamentally broken and requires the political will to change at a fundamental level.
@golden99983 жыл бұрын
Ray Dalio has a great thought process and explains it really well. Larry Summers was so annoy to listen to I had to fast forward through his parts
@damarcoreed13673 жыл бұрын
She had the longest opening question I’ve ever heard
@sonjarose223 жыл бұрын
🤣🤣🤣
@kongxiong60053 жыл бұрын
I'm on Ray dalio's side. Already put 1/3 of my currency into precious metals.
@LS-uw5cc3 жыл бұрын
Thanks and much respect and appreciation to Ray Dalio for always saying the difficult reality and deep truths. Enlightening as always.
@jaredcrenshaw11153 жыл бұрын
Ray is an actual investor. The Larry dude is a talking head professor.
@danielhutchinson66043 жыл бұрын
Devaluing the Dollar seems to be an advantage for sellers. Do we have enough products to satisfy demand?
@ThePorschefan3 жыл бұрын
Yeah, it's a good thing for exporters but America has a trade deficit (imports more than what it exports) and is the largest importer in the world. A devaluation of the dollar should be a nightmare, at least in theory Price increases in everything and interest rate hikes to prevent a sell-off of treasuries, would crush the consumers!
@danielhutchinson66043 жыл бұрын
@@ThePorschefan the inflation that the overheated western states are now living with, should stimulate food prices into next year..... What are the plans to refill the contents of Lake Mead? Who is going to provide rent money after parents feed their children? The "Economy" is an intangible item, people are a lot easier to understand. What kind of solution does the "Economy" offer, to the children and cattle who seem to see no relief?
@jamesoneil97573 жыл бұрын
Just what I want to hear from a Harvard economist, a tortured metaphor of caution with an indecipherable solution.
@PiGum3 жыл бұрын
There may be no solution. We may need a correction to reset valuations.
@irszgatti3 жыл бұрын
A debt jubilee, of which only the upper crust will be privy, because they need hosts in which to leech.
@jongbongkim43863 жыл бұрын
Here's the solution in FED's mind. Just keep manipulating the market or public sentiment with jaw boning, fake data and propaganda until they can't. It's the only solution, not overt inflating debt away nor bravely deflating it off.
@brainwashington13323 жыл бұрын
Say what? 😅
@Manuescrax3 жыл бұрын
Why that old man set that example about that car having an accident when Ray's son died some months ago in one? I am not even going to label that but it seems that having a big brain doesn't necessarily come with having a big heart. Lots of love Ray 💞 I think you have both
@timedone85023 жыл бұрын
If he didn’t know about Ray’s son accident, it’s hardly his fault..
@bleacherz75033 жыл бұрын
Ray should hv taken a year off
@richardpvancouver75203 жыл бұрын
I agree .hopefully he didn't know .or he's a real moron!
@antonramli3 жыл бұрын
The old guy you were referring to is 66 yo while Ray is 71 yo. Lol
@tongchen12263 жыл бұрын
@@antonramli LOL Ray does look younger for some reason.
@peterchung71513 жыл бұрын
Always so enlightening listening to Ray :)
@jeremiahp3 жыл бұрын
For those of you scoffing at Dalio's comment about rent declining: As of May 2021, here are ten cities where average one-bedroom rents are decreasing 1.San Francisco Rents have decreased 45% 2. Chesapeake, Virginia Rents have decreased 29.4% 3. Manhattan Rent have decreased 27.3% 4. Long Beach, California Rents have decreased 27% 5. Colorado Springs, Colorado Rents have decreased 24.6% 6. Seattle Rents have decreased 18.9% 7. San Jose, California Rents have decreased 16.2% 8. Los Angeles Rents have decreased 16.0% 9. Jersey City, New Jersey Rents have decreased 15.5% 10. San Antonio, Texas Rents have decreased 15.4%
@TomTom-du5qv3 жыл бұрын
Are rents declining to pre-pandemic levels though?
@MH-01013 жыл бұрын
1- bedroom rents are up nationally 5.2% as of the end of May. Would anyone like to guess when most people sign new leases?
@iwasjustintrance3 жыл бұрын
Source? And compared to when?
@attilaann24583 жыл бұрын
Decreased rent corresponding to decreased demand as people flee the increased crime of big blue cities while gaining the ability to work any where.
@MH-01012 жыл бұрын
JP, your comment and Dalio's comment have aged exceedingly poorly.
@matt_byrne3 жыл бұрын
Crazy to hear Ray actually say the words that he thinks we're forming a bubble. It's not surprising, but this is a milestone in recognizing that we could have some serious trouble ahead.
@postscript1233 жыл бұрын
It's not the first time he's said it. Look him up on KZbin. He does a great interview with yahoo finance. He's also put out his recommendation for the average person on how to position your portfolio for the upcoming crash.
@robert55073 жыл бұрын
He has another video saying it's individual stocks that are in a bubble not the market as a whole.
@aorolecall3 жыл бұрын
Honestly the big mistake by the federal reserve has been propping up the 'broad market' of corporate bonds in order to appear as if they are neutral. If a corporation's product is out of demand due to a crisis for which they didn't prepare for, they should have been left alone to wither and die, or private investors could make loans at higher yields to them if they choose. Even if painful and extremely damaging to economies to lose our airlines (which also ship cargo), all that malinvestment could have gone toward safer (for passengers), cleaner (for environment) means of shipping or travel. Broad market support in the short term helps, in the long term hurts because politicians are not economists and do not understand what to do to use what the fed makes available to shore America up for the future of a declining, aging population that will have less arable land and declining water. See megadrought in the west.
@danielhutchinson66043 жыл бұрын
@@aorolecall I was predicting the Economy might not survive Covid last year. The lingering effects of a population that had time to inspect their priorities, has come home to roost in Wall Street. If Traders lay an egg and overlook inflation, Global Warming, and the desire of parents to provide a future for their children, they do deserve the fate that overconfident traders felt in 1929.....
@citizen82793 жыл бұрын
@@aorolecall You missed the workers in all the industries you wanted to leave and let them die: horeca, tourism, aviaindustry, small shops, coffeshops, hotels, motels, amusement, cinema, etc. The fed is supporting aggregate demand and subsidies the companies who are hiring people, they support the labor market.
@williehawkings23683 жыл бұрын
Fact is, hyperinflation here is imminent, people need to get financially prepared for what's coming, good thing is people are getting to know cash/fiat is pretty much stone age at this point, it is designated to fail eventually, 3 BEST and surprisingly easy ways to double or hold your funds in 2021; Real Estate, Gold, Who can guess the 3rd??
@tomlogan6123 жыл бұрын
Obviously has to be stock trading for me though, made my first half a million through it as a newbie after I met a professional from a reputable firm, retiring next year with absolutely no fears
@carysalazar53743 жыл бұрын
@@tomlogan612 Congrats in advance on your retirement, that's impressive big bucks, personally tried doing that on my own with no luck for sometime now .Who is this professional you worked with please and how does it work?
@tomlogan6123 жыл бұрын
@@carysalazar5374 Alisan P Martin, met her at a fundraiser in Connecticut, she's been in the news when she revived Grumac company in 2018. You can look her up on the web for info on her work, PS-No promo
@johnathanphelps49593 жыл бұрын
stripping? onlyfans?? I could go on and on lol
@lynetteboyd24493 жыл бұрын
@@tomlogan612 lol small world, I was at the annual fund raiser in Stamford, CT as well, great speaker
@lulufulu48673 жыл бұрын
I assume the Qatar Economic Forum is linked to the World Economic Forum, a Private organisation run by unelected officials. Why are they restructuring the global economy? This is the responsibility of the governments WE elect. These orgs are run by private individuals
@mrunderhill39703 жыл бұрын
Could not agree more
@RolyTheHolyPaladin3 жыл бұрын
Don’t like it do something about it, otherwise stop moaning
@CosmicSeeker693 жыл бұрын
We elect???? Government's are selected, not elected. Sorry, but you are deluded. While we're doing a Reality check you best scrap any notion that either party makes any difference. The people in control aren't elected - think the 3 letter agencies and ppl in the FED. The only way to change the current system it to get out of it.
@chrissalley94683 жыл бұрын
This is going to be a nightmare
@derMcSven3 жыл бұрын
Thanks for sharing will, watch the whole thing- two great minds
@chocolatier95973 жыл бұрын
Ray is Gold
@WealthAndMoney3 жыл бұрын
I don’t know why but Summers" condescending tone, patronizing voice and harsh accent always annoyed the shit out of me.
@TheGilbalfas3 жыл бұрын
Well said dalio
@gdi10933 жыл бұрын
Damn, Larry dropped the ball here on this one.
@nielstoppenberg38393 жыл бұрын
How?
@junktex3 жыл бұрын
Both did.Inlation is much higher than any figures they quoted.
@nielstoppenberg38393 жыл бұрын
@@junktex thank you for clarifying. Are you using the CPI as measurement or another index?
@sansh77773 жыл бұрын
Only Sharma disposable income formula Has accurately predicted stock market since 2009
@bobe29333 жыл бұрын
GoodYear Tire is going to be a great one. It had a nice pullback and now it has room to run again
@richbalkissoon53223 жыл бұрын
No
@bobe29333 жыл бұрын
@@richbalkissoon5322 Yes. Watch tomorrow (Friday) Gap up time
@sharoncampbell57343 жыл бұрын
Rental prices are not going dwn at least not in NV 3 mo ago a one bed apt was 775 now its 899 to 999
@jazzladysingssings27353 жыл бұрын
My one bedroom is $1650 here in MD😢😢
@Simon-io6xr3 жыл бұрын
Too many ads - terrible audio quality
@jillkaluza8333 жыл бұрын
How do you navigate all these different opinions? Everyone thinks they are right and no one agrees.
@matthulsman7603 жыл бұрын
diversify
@RolyTheHolyPaladin3 жыл бұрын
Go with history
@CosmicSeeker693 жыл бұрын
Trust your intuition Jill
@jillkaluza8333 жыл бұрын
@@CosmicSeeker69 Thank you for the affirmation. Wish I had more experience with the markets to couple my intuition.
@jcrispy1783 жыл бұрын
Interviewer 1st question done @ 1:34
@ghl193 жыл бұрын
this conversation makes me want not to go to harvard... Peter Theil was right about universities. they are in a bubble
@lvpatfleming74653 жыл бұрын
If you are able to attend top academic college any ivy or if you prefer a smaller more interaction with professors. There are a few if you don’t know them already, they are in the US news and world report, several are more difficult to get in than Harvard. Based on applications to acceptance, Also you would miss out on the “college experience “ by not attending.
@CosmicSeeker693 жыл бұрын
@@lvpatfleming7465 you are SO Blind that's unreal. Oh, sorry, I forgot. This is my first time on Bloomberg and it's the mainstream narrative - Keynes rules - over common sense! The Ivy's only turn out brainwashed clones of MMT. That's exactly WHY we are where we are now.
@CosmicSeeker693 жыл бұрын
Good man, someone understands - now wean yourself off of Bloomberg and find independent channels (Maneco64 maybe)
@YusifRefae3 жыл бұрын
just fast forward whenever Larry Summers speaks to get to the good parts where Dalio spits the truth haha
@joema72843 жыл бұрын
This is what happens when you hand all the power to a private organization who's goal is to own everything = FED
@ismailibrahim53413 жыл бұрын
i believe even governments = butchers and public = cattles
@CosmicSeeker693 жыл бұрын
And who owns the FED - It's neither federal or has any reserves. Jekyll Island 1913 sealed your fate
@petekdemircioglu3 жыл бұрын
Particularly worried about particular situations
@tektrades75393 жыл бұрын
Dalio's public calls are ALWAYS wrong! Fade his suggestions always! Remember folks, last summer he said that the DOW would be at 14,000 and we would be in a major Depression right now. He called a major drop in stocks when the DOW was at the bottom!!
@Vangerok3 жыл бұрын
So gold?
@CosmicSeeker693 жыл бұрын
Belangp channel....
@samuraijrb3 жыл бұрын
Um eh umh eh unmhh most important point.
@postscript1233 жыл бұрын
The fed cannot raise rates, or they will crash the stock market. Basically what Ray is saying here. Either way, it's going to crash though. The fed just mentioning that they will likely raise rates in 2023, made everyone freak out.
@Ethan-ob1sy3 жыл бұрын
Raising rates collapses everything
@Rnankn3 жыл бұрын
Isn’t the bond market the biggest bubble? Maybe it’s time to end it
@ericsonnen52483 жыл бұрын
Terrific discussion
@mourad_weider3 жыл бұрын
Larry Summers speaking about a car accident like hitting Dalio under the belt
@IsaacWendt3 жыл бұрын
isnt there only a shortage of labour because the government is paying people to not work? I assume that will fade once we stop getting free money?
@IsaacWendt3 жыл бұрын
@Orlando Perez agree but if we are going to continue to do UBI isn't that deflationary and not inflationary?
@JeffreyDRein3 жыл бұрын
Tax increase in future puts a date on the market correction and a number for quants to crunch... Markets love certainty 😃
@ChrisVanSlykeCVS3 жыл бұрын
Dalio is correct that bonds return is negative after inflation but it's clear that he is wrong regarding demand since there has been, and still is, more then enough demand even for bonds where the coupon is negative. Seems to me people are buying bonds not to hold until expiration and guarantee an net loss but rathar as a hedge and to trade ie sell when the rates go lower.
@user-tl5yb1jy7c3 жыл бұрын
Yup. Definition of a bond bubble. Get some gold and pray.
@CosmicSeeker693 жыл бұрын
@@user-tl5yb1jy7c I did I am!
@krzysztofwlezien60433 жыл бұрын
Ray is about numbers, Larry is all about bla bla bla
@jbjergh3 жыл бұрын
= real world Vs academic.
@michaelitsol3 жыл бұрын
Dalio is all about placing his usual China marketing plugs wherever he can. What a sad way to end a career.
@user-tl5yb1jy7c3 жыл бұрын
@@michaelitsol yeah. One dying grasp at more MONEY!!!!
@kevinsworld50883 жыл бұрын
The rich man gets richer while the poor man has kids. Your choice. Live and let live.
@BigRudy533 жыл бұрын
Rent is going down? Lol obviously this dude doesnt rent.
@TechieTard3 жыл бұрын
Statistical numbers.
@jamesoneil97573 жыл бұрын
Really Larry? The 60’s, gold standard economy, is your best model for what’s happening now? Plus a rambling wooly digression and oversimplification of decades long political trends? What’s in the water at Harvard?
@s.m.2813 жыл бұрын
Totally agree. Regarding Larry's CV, it's hard to believe that he didn't count the Debt per GDP in his explanation. 40% Debt/GDP in late 60s is far behind 127% at the moment with much more to come according to Biden's policy. it really does matter.
@bradleyboyer99793 жыл бұрын
Agree completely. He sounds like Peter Schiff... overly emotional and insanely simplistic.
@ThePorschefan3 жыл бұрын
@@s.m.281 And let's not even start with household debt!
@user-tl5yb1jy7c3 жыл бұрын
@@bradleyboyer9979 buy gold. It really is that simple
@bradleyboyer99793 жыл бұрын
@@user-tl5yb1jy7c No, it's not. I've been deflation-pilled by Lacy Hunt.
@robrawlings44023 жыл бұрын
Summers is intolerable
@bradleyboyer99793 жыл бұрын
THANK YOU!
@TJYTSx3 жыл бұрын
Anyone else short on everything?
@erichale65573 жыл бұрын
Not physical gold and silver.
@CosmicSeeker693 жыл бұрын
@@erichale6557 😉
@Joelegolvan3 жыл бұрын
Rental prices are not going down…
@JuliusG733 жыл бұрын
Eviction moratorium ending, it is inevitable. Maybe a 30 day extension but landlords get fed up and make up reasons for the eviction to go forward (unruly tenant, threats against life etc)
@bleacherz75033 жыл бұрын
Larry has it right
@Rnankn3 жыл бұрын
The labour-market dichotomy is no longer appropriate for understanding the macro context. While it doesn’t have a human constituency, the earth system will make itself known if it is ignored. Climate and zero-carbon need to be a third pillar of global economic policy. The US has to reduce carbon consumption by 10x to 13x within a decade. That means rising prices of everything, with massive redistribution. Living standards will decline unless a shift from growth to wellbeing is implemented. However, industrial and energy restructuring are unavoidable, while the impact on the financial sector should not be disorderly. Agriculture and transportation need to be rethought immediately. Delaying increases costs, reduces effectiveness, and speeds transition time. There is no better opportunity for structural economic change than a moment of juncture, such as now.
@danielhutchinson66043 жыл бұрын
That line seems to be ignored by the investor class, till they get hungry....
@WhySilverWhyNow3 жыл бұрын
Yes it’s called the wealth effect
@Jorghee3163 жыл бұрын
buy this man a mic man
@AlexA-kp3lp3 жыл бұрын
Interesting discussion between a practitioner and theorist. Ray sounds so much better and more practical whereas Lawrence vague (cautious) ...lots of words and posturing... Ray boom.. down to the point... I'd definitely would rather speak to Ray than Lawrence
@oscarneyranazarrett94443 жыл бұрын
Look at the Sahm Rule, if we are between the 70s (Ray) and 80s (Larry) we will have a double dip
@westcoastsunsation3 жыл бұрын
Why is dalio saying rental prices going down? What planet does he lives on?
@randomdude73843 жыл бұрын
Based, Ray and Larry totgether
@eddiegill3 жыл бұрын
Are there real entities buying $30 trillion in US government bonds?
@GloriousHeavenlyCourt3 жыл бұрын
War will end soon. Start investing now. Get rich later.
@bradleyboyer99793 жыл бұрын
Wow, I never realized how unimpressive Larry Summers is.
@liquidaludwig55403 жыл бұрын
then you should learn more about Larry
@bradleyboyer99793 жыл бұрын
@@liquidaludwig5540 Ha! Good one.
@Brian-tc7ii3 жыл бұрын
Time for something new. Fed is focused on CBDCs, unfortunately. I could see a combo of monthly UBI + Negative rates. Example : 2k/mo that will decrease daily until it 0 at end of the month. So spend spend spend to get the economy moving. Once a balance is found the will lower/ remove UBI and raise rates. 🤷♂️
@anthonyd43173 жыл бұрын
Political unrest after ubi removed tho
@JohnnyKool-JK3 жыл бұрын
These financial people make billions, create no products and are taxed at a long-term Capitol tax rate on profit. Working people are taxed at the highest. It should be reversed.
@NeilRulz073 жыл бұрын
If I had a million dollars and a shot of whiskey for every time someone said err....ehh.....ahhh....ummmm....I would be rich and tipsy
@newyorkcityvideos13 жыл бұрын
I love money. 🙂
@sscalercourtney54863 жыл бұрын
If an adult over 40 doesn't realize by now that no one knows the future of the stock market and the economy period, than they are going to be forever disappointed in their expectations. How come no one in Economics or even the political talking heads never mention the wage deflation brought on by the end of Economic Communism around 1990? The former Economic Communist nations added perhaps as many as 1.5 billion new low wage workers to the Capitalist work force. That many new low wage workers in such a short time has never, afaik, ever happened in the history of Capitalism. Yet no one ever talks about it? Why don't they?
@douglasgalorenzo67643 жыл бұрын
Larry Summers taking a shot at LBJ....he's got a lot fing balls.
@viktor_mx57313 жыл бұрын
Be careful with this, the SP500 is almost completing the cycle of 144, ($ 4,320 / 360 °) = 12, and therefore, 12 x 12 is equivalent to 144, and there are also 12 5-minute candles missing to reach noon, and likewise it is equivalent to 144. In summary, it seems that time and price are coinciding perfectly for an imminent turn in the trend. Let's see what happens according to William Gann.
@mourad_weider3 жыл бұрын
the clash of the titans
@thitachan34403 жыл бұрын
I believed in Ray
@markgrooms55923 жыл бұрын
A Stagflation Hangover followed by Long Term Deflation .
@hengleekai77883 жыл бұрын
USA use to have unique way of suppressing inflation by transferring the wealth to top 1% thus it will only inflated top 1% asset. Thus when stimulus was for helping the bottom 99% things might get out of hand!
@globaldj7193 жыл бұрын
Rental prices going down a lot?? They have a saying in MBA school "Pin the tail on the economist" LOL. Sorry Ray
@960john3 жыл бұрын
commercial rents
@alannamichellepaulino8429 Жыл бұрын
Presiden banco suiso
@davisutton13 жыл бұрын
A bit of hate for Summers it seems. I'm not sure what he did to deserve it. Is it anti-intellectualism? Summers seems to me to be one of the better thinkers on the unfolding situation, Dalio too.
@markingay10453 жыл бұрын
I hates money involves to blocked and blockings to hides,hiding and hidden the true and truths accountability ,transparency and transparent documents information files.
@goof2603 жыл бұрын
?
@NeilRulz073 жыл бұрын
@@goof260 ignore it. It's a confused robot 🤖🤖 beep boop
@maureenberendonk46623 жыл бұрын
These two need to be tried for treason
@markingay10453 жыл бұрын
How to get it back my principles with my dignity and my integrity to win and winning to get it back my justice if these people and these company’s involves and involvements behind the scenes if the money involves to covering up and blockings to controls and controlling the true and truth accountability and transparency to hides, hiding and hidden behinds the scenes..
@SilverSun2163 жыл бұрын
Watching the bond market tell these inflationistas to get bent has been the second most satisfying thing... after making bank on ZROZ and TLT.
@jamesoneil97573 жыл бұрын
Ray says a lot of money around, so the money is worth less. Okay, got it. He’s really got his theory of the case nailed down and explained succinctly. I wish he’d venture a solution, but he’s being a bit cagey. I think he’s predicting some serious pain to come.
@jaredcrenshaw11153 жыл бұрын
True. He's worth over $20 billion in U.S. dollars. He can't say what he really thinks, which is that dollars are going to crash.
@LS-uw5cc3 жыл бұрын
Dalio's value is worth more than mere money. His principles and trustworthiness is priceless.
@user-tl5yb1jy7c3 жыл бұрын
Read his book free on his website but everyone can be wrong prognosticating. There is no likely solution to a declining us and rising china in his view.
@mooredarcy21653 жыл бұрын
Nice content! This video got me.... LoL Every other thing sounded alien to me...I feel like I'm missing out on a lot. Help anybody??
@Ilme-AALIM3 жыл бұрын
You have to start to learn
@robley45813 жыл бұрын
How?🤔🤔
@mooredarcy21653 жыл бұрын
@@Ilme-AALIM Yeah, how? This is an uncharted terrain for me,and information out there is overwhelming.
@Ilme-AALIM3 жыл бұрын
@@mooredarcy2165 LoL when you say overwhelming information, you make it sound like conventional school. How to learn is to have someone, an expert if you will to trade for you, while they're at it you'll learn.
@Ilme-AALIM3 жыл бұрын
Phillip Bolton is your man. He's good and kind too!
@angusm94193 жыл бұрын
"...rising interest rates." LS Not going to happen. US can't afford higher rates than zero. AM
@Phl3xable3 жыл бұрын
They might not have a choice.
@angusm94193 жыл бұрын
@@Phl3xable rampant inflation/destroy the value of the dollar will "inflate the debt away." No?
@petekdemircioglu2 жыл бұрын
💚💜💚💜💚😘😘😘
@rayaveonline22743 жыл бұрын
Summers is stuck to the textbook definition of inflation, which is a 1 type only of inflation. The fact he is not even accounting other type of inflations, like Dalio does, is making this whole conversation meaningless and intellectually boring.
@bleacherz75033 жыл бұрын
Ray just can’t stay away from the camera
@Clubrat3 жыл бұрын
Yeah ask the billionaires how they want the economy to be shaped. Nice job
@audreystowers3 жыл бұрын
Jeez that was painful. These 2 guys trying to carefully pick their words so as not to say just tooo much. Or be toooo negative. Uhhh. Ummmm. Just tell it like it is.
@Pax_Et_Veritas3 жыл бұрын
Arithmetic is not hard, it’s racist
@pabs52703 жыл бұрын
Larry / Bill Gates - close your eyes. Can you tell the difference?
@alfred15353 жыл бұрын
Voice sounds like it's coming out of the grave
@portfedh3 жыл бұрын
Hahahaha
@ianbrazier39933 жыл бұрын
How did this mainstream Bullshit get on my feed this is the worse trash talk I have ever heard .
@lynnybee8883 жыл бұрын
I refuse to listen to Larry Summers, part of the problem.
@slipknnnot3 жыл бұрын
Creepy
@TheBeav303 жыл бұрын
Both are wrong deflation is going to be the problem… debt is money and our country/businesses are insolvent. What happens when debt can’t be paid money/asset disappear which is highly deflationary. We shut down the services/production of our economy yet gave people more money and increased demand. More money chasing fewer goods and got a meager 5% on the CPI. When the stimulus runs out and people return to their job that pays them less what will happen the answer is deflation
@krzysztofwlezien60433 жыл бұрын
More money is chasing fewer goods ...means deflation? Make up your mind what means what 😉 If people come back to work they will have less money? ...and more if they stay home doing nothing 😁. Is it a new definition of US capitalism?
@JosefJochemPodcast3 жыл бұрын
I can't believe that any individual or group of individuals thinks they can figure out how to "solve" the global economy. This stuff is far more complicated than any economist or group thereof could understand let alone effectively manage. All this interventionism on the part of central banks is profoundly stupid. How about no one gets to print money ever and we let the market decide what interest rates should be because no one can figure out how to centrally plan a globalized economy. Sometimes the hardest thing for bureaucrats and economists to do is to do nothing and just let there be short term pain. If only we had a currency that no one could manipulate, would allow for true market interest rates (not the bullshit 0% set by the fed), and could be taken into personal custody so it couldn't be monopolized. Oh wait we do. It's return is over 100,000% since its inception. Trust math. Don't trust central bankers.
@mobilecivilian61243 жыл бұрын
Bureaucratic fools
@user-tl5yb1jy7c3 жыл бұрын
WhaT is your opinion on the topic of inflation?
@miguelangelsamlee5283 жыл бұрын
Invest more in China
@goldreserve3 жыл бұрын
They have dementia? They can't complete a sentence without 'uh', 'um'. Interviewer: Welcome to this 8th session restructuring uh University professor: Arithmetic uh Dalio: There are different kinds of inflation um
@festivetosho73763 жыл бұрын
Summers is pure professor - full of serious-sounding but in the end meaningless, technical terminology; nothing you can hold him to. Dalio talks like a practitioner. He's got #SITG.
@patrick61103 жыл бұрын
Dalio has been out of it for years and Summers has never been in. What to say of a guy who left the top job at Goldman Sachs right when the firm was starting to make him dirt rich for a civil servant position and is now a professor with no skin in the game.
@belindavanderwesthuizen56043 жыл бұрын
talking real rubbish. XRP is our new monetary system backed by gold
@michaelrandazzo99933 жыл бұрын
Hey dalio home prices are going up in inflation terms. So are rents! Rants are not going down. Do you know what the hell's coming out of your mouth!
@onestopcop20773 жыл бұрын
The disagreeable jewel correspondingly signal because move problematically curve modulo a forgetful cyclone. smart, tall slice