Economic Update: The Myth of Black Buying Power

[@jackdolphy8965]

Fabulous to see Jared Ball here!!! Thank you Professor Wolf for hosting him. Definitely have him back soon. 🙏🏼

[@presterjohn1697]

I wonder if Jared Ball would publish a Myth of Chinese Buying Power. The Chinese are vigorously developing businesses and practicing co-operative economics with other Chinese nationals worldwide. I wonder what kind of reception his book would have there.

[@cheri238]

Thank you Professor Richard Wolff and Professor Jared A. Ball.

[@rogerdorsey7823]

GREED DOES NOT AND IS NOT WILLING TO FACE REALITY AND RESPONSABILITY.

[@normadenemurphy7454]

Good to hear and see Dr Ball on your show. Thanks

[@Chengtan-rx9po]

Thanks for the live broadcast prof Wolff & Dr Ball

[@Marxist2]

As usual, Prof. Wolff I'm glad you tackled with such an important issue & I thank you for having such an amazing guest as Professor Jared A. Ball.

[@jordonbriggs1]

I’m glad I can feel like I’m not alone in my thinking that the myth of buying power for black people is not a path to equality. The media messaging is everywhere and it’s heavy. Thank you Dr Ball and Richard Wolff

[@Kinghercules]

Complete BS! This is one of the reasons I stopped listen to that MF. So we can't use our money to support our ppl but the Asians and Latinos can!!! That's complete BS!!! How many Black grocery stores in your city compared to the Latinos and Asian grocery stores???

[@paulomilan515]

I am so tired of hearing my people say we can keep our money in the community without critically examining why it's not happening.

[@paulomilan515]

​@onceagain6184no it can't because the same conditions do not exist now. The 60's economy is long gone.

[@Kinghercules]

@@paulomilan515 We know why its happening. Thats why Amos Wilson wrote Blue Print for Black Power and Black on Black Violence. Combind those with Wade Nobles Island of Memes and apply the ideology and shit will get solved. But the main reason is that too many of us are worried about how white ppl feel and what they think.

[@paulomilan515]

@@Kinghercules We have no choice but to worry about what they feel and how they think we are totally dependent on them. We don't have our own currency, we don't have control of any ports, our neighborhoods are divided by them, the reason every one else owns businesses in our neighborhood because of monopolization of the convience stores. When we do own a store the supplies are hard to secure. They make the laws often without us in mind. I can go on and on and on

[@tynettaballinger7530]

Racism in America is insidious. By saying a social program will help a minority group, the majority will allow politicians to eliminate the program but in Europe, they understand the program benefits them mostly and will not allow politicians to get away with it. If the 90% in this country could unite, we could have one of the greatest countries in history.

[@authenticallysuperficial9874]

Your 90% don't have the right to murder, thieve, and enslave the 10%.

[@jaymarcase9737]

Unite to do what? Continue the exploitative foreign policy of the USA. That chapter is ending.

[@crescentprincekronos2518]

​@@jaymarcase9737 You'll have to forgive his lack of knowledge about how exactly we get our standard of living. He probably believes somewhat in American exceptionalism rather than the truth of American economic and military coercion.

[@jaymarcase9737]

@@crescentprincekronos2518 facts.

[@snapshotsreviews4967]

News flash America is a cartoon and nothing makes sense

[@mpilonkambule6013]

Very happy to see Dr. Ball joining Prof. Wolf. I hope this symbiosis will continue. You both are doing great work educating us!

[@presterjohn1697]

Maybe Dr. Ball could write, The Myth of Chinese Spending Power and see how it goes over in China. They're vigorously developing businesses and practicing co-operative economics with one other.

[@AnActualDinosaur]

Loved the conversation with Dr. Ball. Short, but full of intesting ideas.

[@willrouse82]

Dr. Ball!

[@shawniquamcadams]

Please bring Dr. Ball ❤❤❤❤

[@leroitiaks]

Jared! Excellent guess, Sir!

[@kidadel8]

Dr. Ball, thank you for your work in critiquing and dispelling these bourgeois notions of freedom that has taken over our thinking around Black liberation. I fight against these ideas everyday as an organizer.

[@presterjohn1697]

But wait the Chinese are doing everything Jared Ball recommends against and they've lifted millions of people out of poverty. Corporate expansion and co-operative economics worldwide on steroids.

[@RochusMr]

Dr. Ball drops the truth on something very important

[@courtlaw1]

Thanks!

[@abelayele3130]

Very happy to see this collaboration. This is wonderful

[@loisk6186]

“Counter insurgency propaganda” - yes. important ideas. Great guest. Great interview.

[@jerrellhoggard6599]

Black wealth is one half of one percent

[@teastrainer3604]

Almost every television commercial targets the poorest segment of society. It's virtue signaling by advertisers and nothing else.

[@Rusyn1910]

@@teastrainer3604in the last 15 years it’s to make: Black and brown bodies seen. Give resources (paycheck) to black and brown bodies. Diversity. Inclusion. Equity. BLM and their Intersectional Allies put pressure on advertising companies to do so. So all those black and brown bodies you see on commercials was in large part them.

[@Egalitarianism_Secularism]

With 13% of the population??? What’s wrong with yall??? What’s the problem???? You live in modernity. No one else gets 12 years to DECIDE what they’d like to do with life. School is a luxury. Unstressed kids are a luxury.

[@DrJaylenPayne]

That's cause white folk had a BIG HEADSTART and other races get grants to open businesses in our black communities while we get denied business loans and other capital. I ain't mad, my ancestors were slaves so I feel like we doin good for ourselves considering most people hate black people 😂Is what it is 🤷🏿‍♂️somebody had to be the last in this Race stuff. I do often wonder what would have happened if my slave ancestors had gotten their promised 40 acres and a mile from the Govt

[@MsTy2908]

​@@Egalitarianism_Secularism13 percent not including the malotos, and other black "subcategories " ? Right😂 most people are checking other,.. so I wouldn't be surprised if the real diaspora isn't accounting 10% now

[@BryanHagerla]

hit a home run with this one - great to meet Prof Ball

[@eugene9446]

Great content. Insightful guest!

[@vivalaleta]

Love this guest. A very valuable conversation. Thanks.

[@nholth]

I work to preserve historic bridges and encourage maintainance of existing bridges and what you say makes perfect sense because time and time again we see bridges being left to rot and then be demolished and replaced when they can and should have been maintained for a longer service life or in the case of historic bridges preserveing their cultural value. Capitalism is as such now helping to destroy the transportation heritage that had enabled this country to prosper under capitalism. Its sad.

[@TheErikaShow]

Wow. Your job sounds very frustrating, but somebody has got to do something. Now if only there we like 20,000 of you….we might get somewhere! Thank you for your work👍🏾

[@airaliteextinct5458]

Very productive 👍🏿 👍🏿

[@terryconley5580]

Thank you Prof. Wolff and Dr.Ball #StopCopNation ‼️

[@treeztop]

Ball and Wolff together. This is beautiful.

[@theresapelham1918]

Phenomenal .....

[@merovingian688]

Buy power? Having to spend your money instead of saving and investing is power?

[@jonathanwallace6667]

It's not power

[@presterjohn1697]

@@jonathanwallace6667 Chinese investing must be pretty powerful. Jared Ball celebrate them often. He's just not that into YOU investing. You won't see Jared Ball peddling "A Myth of Chinese Buying Power" in China. They would laugh him out of the country.

[@kipwonder2233]

Fascinating discussion. Professor Ball is spot on with the concept of an ideological counterinsurgency via messaging. We see this in the consistent description of Russia's war in Ukraine as being "unprovoked". We see this in the constant framing of Xi Jinping as "authoritarian". We see this in the requirement that every discussion of Israel/Palestine start with an interrogation "Do you denounce the horrible acts of Hamas???" The messaging is coordinated globally. It is all pervasive. It is...creepy...honestly. Reminds me of the George Orwell quote from 1984: "The past was alterable. The past never had been altered. Oceania was at war with Eastasia. Oceania had always been at war with Eastasia."

[@Dorian_sapiens]

I love the points you're making, and I agree that Dr. Ball's insights into the propaganda war being waged against us are some of the most important things he brings to the table. I just have to point out the irony of using George Orwell to make the point, since Orwell was an active participant in that war. Knowing what we know about Orwell, it's hard not to read his work as a sly confession that he believed no one would ever notice.

[@bertbaker7067]

Well said.

[@kipwonder2233]

​@@Dorian_sapiens Well...I know Orwell fought in the Spanish Civil War. Much of his writing was a thinly veiled critique of the propaganda associated with...that war specifically but also...war in general. Although, I don't believe that's the point you're making.

[@Dorian_sapiens]

@@kipwonder2233 Orwell collaborated with the Information Research Department, which wikipedia describes as "a secret propaganda organisation of the British state under the Foreign Office." One of the things he did for that organization was give them a list of communists and suspected communists. One of the names on his list was Paul Robeson, whom he described as "very anti-white". You can read about this in the wikipedia article called "Orwell's List". Another thing I highly recommend reading is fellow science fiction author Isaac Asimov's review of _1984._ It gives some great insights into the social and political context around the writing of both _1984_ and _Animal Farm._

[@Dorian_sapiens]

@@kipwonder2233 Orwell collaborated with the Information Research Department, which wikipedia describes as "a secret propaganda organisation of the British state under the Foreign Office." One of the things he did for that organization was give them a list of communists and suspected communists. You can read about this in the wikipedia article called "Orwell's List". One of the names on his list was Paul Robeson, and I'll leave it to you to go and see the quite racist way Orwell described him. Another thing I highly recommend reading is fellow science fiction author Isaac Asimov's review of _1984._ It gives some great insights into the propagandistic function of both _1984_ and _Animal Farm,_ in light of the social and political contexts in which they were published.

[@JG-dy2hk]

This was a terrific dialogue!

[@TimedTim]

10k views and 100 likes? Push that button people!

[@denyce2288]

Great show!

[@bukikkimuzzas254]

Wow finally !

[@empresssk]

This was sooooooooo good! Dr. Ball is brilliant.

[@StevenPhelps-sr8co]

Very few podcast networks like this one on open dialogue, without Deflecting and avoidance not hurting it's sponsorships . Hearing a different topics from the wealthy to consumers diversity based on the economy is explicable contents. Awesome!

[@MelissaHobbs-qm8wi]

The cost of living seems to be increasing every year, making it harder to keep up.

[@LeahLewis-ny9iu]

Indeed, it's becoming quite challenging to manage expenses.

[@WhitneyRoss-dj4rf]

I've actually managed to stay ahead of the curve. I'm even contemplating early retirement

[@ChloeCarter-kd7gz]

@@WhitneyRoss-dj4rf Impressive! How did you achieve that?

[@WhitneyRoss-dj4rf]

@@ChloeCarter-kd7gz That's where experts like Wendy Joyce Woods come in. Her predictions and guidance have been instrumental for many speculator during these turbulent times.

[@EricaWaters-lr6zw]

Wendy Joyce Woods? I've heard her insight and calls across forex, stocks, and crypto have been the best in the last five years.

[@suzanneharris8339]

The segment on the bridge/infrastruction problems really struck home for me. For almost a decade, the board of directors in my condo refused to raise association fees because too many owners claimed they were living on fixed incomes & couldn't afford an increase. "Deferred maintenence" on the 3 story, 90 unit structure was the way forward. Enough deterioration during that 10 years caused so many problems, we nearly lost our insurance overage. The solution was to raise owner's fees drastically & borrow several hundred thousand dollars. Capitalism at its finest. 👇 😡 👊

[@empresssk]

Deferred maintenance is the entire strategy of our gov & businesses alike since the 60s/70s. We fundamentally refuse to maintain what we create with any level of sensibility or logic. From transportation to healthcare to education to whatever else. It’s the great consequence to greedy capitalism.

[@empowerman1]

Great guest and discussion of an overlooked issue that if not resolved will further degrade US. Kudos for you having Dr. Ball, a brilliant and unsung scholar like many other Africans in America.

[@saul2007t]

A great and enlightening interview. 👍

[@mattesparza2072]

Damn Dr.Ball really got a fucking roll there, dude’s spitting fire 🔥🔥 The idea of media as a weapon of counter insurgency, as physiological waefare, is something many of us understand intuitively. Dr.Ball just put it perfectly, as Professor Wolf perfectly described the state of doom at the conditions of the declining US empire.

[@empresssk]

Such a nice buildup to a truth b💥mb. He scratched a deeeeep itch that’s intellectually tormented me for years.

[@greendesertgoddess]

Great listening!

[@deemich1815]

Important topic. Great coverage. Keep it up 👍

[@jaiyabyrd4177]

🔥 This is such an outstanding conversation. Thank You for pointing out the reality of this propaganda. Great Show

[@jamesnadell1998]

From workers to consumers. We'll put Dr Wolf

[@poppysunsettlingstories]

Excellent. So good to see Dr Ball getting to speak here. Serendipity baby!

[@smurfmama2020]

No one ever mentions that capitalism actually gives people PTSD. Erich Fromm eluded to capitalism/ mental illness authoritarianism and or capitalism. One must groom and prime their children to participate and conform to a capitalist economy. Especially middle class progressives who once rebelled as hippies decided to participate in commodifying their children by sending them to universities and competing for slots in those schools. There’s little to no room for self expression, self exploration, time to relax and thrive. This is a highly abhorrent system. There’s no community to fall back on. Not to mention it encourages very toxic people like narcissists and sociopaths to show their true colors with no shame. Which makes any hope of community, family, extended family absolutely impossible.

[@yahyaraz4617]

Well said!

[@empresssk]

Excellent topic!! You summed this up nicely. Never thought about it as PTSD but it is very clear everyone is miserable because of this system.

[@greenvelvet]

Professor wolf please talk about the insane overreaction by businesses in California about the $20 minimum wage. They're claiming that they're going to have to raise prices on customers cut staff and close business

[@mikolowiskamikolowiska4993]

Do you have a business?

[@Lanceswizzle]

That's what is happening. When the cost of doing business rises, the cost of the product or service rise. What don't you people understand about basic math?

[@luizamorim1626]

Prof Jared A. Ball reminds me a little of the great Malcolm X. He's got the charisma!

[@wilmars9146]

MALCOLM X was much more than " charisma ".

[@mrmopbisminnesota9036]

200 years of free SLAVE labor is not free market Capitalism.

[@idontlikesand1346]

🔥🔥🔥

[@tonybarnes2473]

Been watching Wolf for years Excellent content.

[@tony538]

I'm a trucking company owner, i been every where in a america, i would give the infrastructure in america an F, from louisiana to mississippi to indiana and on and on, tolls are very expensive for example 76 from pittsburgh to philadelphia is 375$, indiana i80 it's 90 ml for 54$ it's total peace of garbage hwy but it's revenue for the state, indiana needs to start over with their hwys, 59 hwy in texas is third world hwy and it's a major hwy my advice never drive on it, every one is after the working man, i got pulled over being in the wrong st in brooklyn, 2300$ tickets and 750 $ attorney to protect my license, I'm trying to sale my business and move out of america, you can have it

[@empresssk]

Our highways are a disaster. It was never a good idea. I don’t blame you for tapping out.

[@garyz92]

Professor Wolf Tukwila is pronounced - Tuck Will Ah I live in Seattle, Tukwila is a very interesting ,and ethnically diverse city. Good to hear the minimum wage has set a record as highest in the country.

[@charleskesner1302]

WOW, Jared Ball was fascinating. Thanks

[@AdventuresnTyland]

We can do group economics and politics…. They go hand in hand

[@howardfox6660]

Great. Thank you

[@OneLovePeace]

Thank you!

[@abelayele3130]

Go Prof Wolf 7 Prof Ball/BPM

[@anneclarke1598]

Great Interview with Jared .Learned loads thank you for great show

[@rubennordberg8133]

Great work Prof! Pleasure as always! ❤✊️

[@ernstthalmann4306]

It's always been psychological warfare against working folk. To make us give up. Never surrender!!!

[@lisaflores8801]

Dr Ball!!!

[@bungkusi2432]

London bridge is faalii down, faalii down. Wait, this is not London

[@BryanHagerla]

IRRATIONALITY of market-based capitalism; love it!

[@mikolowiskamikolowiska4993]

Where had socialism ever worked

[@vivalaleta]

I think the system sees a police state coming.

[@empresssk]

Sees it coming? They’re the ones creating it. That’s what this discussion tried to highlight.

[@vivalaleta]

@@empresssk True that. I expressed my thought poorly. Thanks.

[@mudpiemudpie785]

The politicians seem fine with taxing the middle class.

[@andrefarmer7948]

Hoorayyy!!

[@WarrenHolly]

New Sub. Xcited to be here 🙏🏾

[@vivalaleta]

Copy City singular? I've seen a map showing plans or current builds for them in almost every state. There's three planned in mine.

[@rashidbelike9430]

California based Lawyer Antonio Moore needs to be on here because its his research that showed Black Wealth is non existant!

[@LKonandupward]

Thank you. Hopeful Antonio will be invited.

[@PressEntertainmentLLC]

Black buying power meaning a customer,a indentured servant or a slave to material goods ..,Who makes these goods and materials,who profit from these pridcuts and materials the customer or the producer?????

[@allonesame6467]

Thank you

[@rcmrcm3370]

❤❤❤

[@loisk6186]

I hate being called a consumer. Especially as related to healthcare. It’s demeaning. It is presumptuous. It makes you complicit in the abuse powerful corporate and political entities are perpetrating on you.

[@LaLasta]

YES! 🔥🙌🏽❤

[@vanbraxton8422]

Why,why Richard of all people you known the Answer, WAR, WAR, & More WAR. Thats where the money goes😮😢

[@batgirlp5561]

Tax the rich and make them pay their fair share, close their tax loopholes.

[@iondowman273]

c10:00 The United States (and the Anglophone West following suit) is run like a corporation - a corporation whose management is milking the plant that produces the goods. To increase profits short term, you skimp on maintenance, work the machinery until it busts. If you time it right, you will have moved on and up, and the poor schmuck who takes over will be saddled with the costs (a) of repairing the damage when the plant falls over, or (b) recreating the maintenance and preventive maintenance programmes, more than likely, from scratch. Just by the way, more than 40 years ago I worked for a US based international corporation. One thing that was very notable: its strict adherence to regular preventive maintenance and to that other oft neglected programme: internal training and professional development. In many respects, this was an outfit that commanded respect, and of which to this day, I have fond memories.

[@timothytibbits7942]

Corporations are very concerned about balancing their budget. Not only that but they are very concerned about being in the black. How can you say the government is run like a corporation?

[@iondowman273]

@@timothytibbits7942 For a start, that governments should be run in a businesslike manner does NOT mean governments should be run like a business (or a corporation). In fact if a government is running a financial surplus (a profit), it is taking money out of the economy; if running a deficit, it is putting money into the economy. Of course, go too far either way you damage the economy. The 'balancing the budget' principle can cover all manner corporate virtues, sure. But it can also mask all manner of sins, such as what I have been describing. Some corporate top executives may simply be parasites, feeding off corporate largesse (salary, benefits and bonuses) by looking good (reducing expenditure, or increasing output), whilst actually damaging the corporate body (e.g. milking, or even thrashing, the capital assets). And I'm not even talking about predator businesses - corporate raiders and suchlike. It can be a 'small' thing. About 40 years ago in this country, a prominent manufacturing company lost a lucrative oversea account by short-weighting a major component of the product it was selling at the time. This saved money on raw materials, but when the customer (a hotel chain) eventually noticed, they at once terminated the business. If that customer chose to let others know of the fraud, and/or sought compensation, the net cost overall must have cost the manufacturer huge. Just for the sake of skimping a few bucks. This sort of nonsense happens ALL THE TIME.

[@timothytibbits7942]

You make some good points but your examples seem only vaguely applicable. There may be some negative results of running the country in a businesslike financially responsible way but my prediction is that running the country in the irresponsible way they do is going to crash the greenback and our descendants will end up being poor when they could have been affluent.

[@iondowman273]

@@timothytibbits7942 From what I've been hearing, the examples I have given of corporate (mis-)behaviour are very applicable to the US 'body corporate'. Consider the nation's infrastructure as it's 'plant'. What has been happening to it? What HASN'T been happening to it? Donald Trump came up with an idea of tackling infrastructure breakdown by employing the jobless - not a bad notion, though, after being pilloried by media and political opponents, it never made it into policy. Instead, vast amounts of treasure - tax-revenue - is being poured into the military industrial complex and foreign military adventures, for no discernable national benefit, and some very discernable (even at this distance) national harm. I reckon 'milking the assets' is not so inapt a description of what is happening. Just ask the people of Michigan, Ohio, Baltimore, New York, California...

[@iondowman273]

Reading back your comment and my reply, I think we are actually in broad agreement. By 'businesslike', I mean 'responsible', with due diligence for the health and well-being of a given enterprise - of a nation as well as a private corporation.

[@eddiekulp1241]

My rent tied to income on S.S , at least its controlled . Most peoples are not

[@mikolowiskamikolowiska4993]

Why did you depend on SS. You had 40yrs to figure out out

[@moety2]

A somewhat interesting conversation. I would have liked to hear some statistics to go along the myth of black buying power.

[@meanscene914]

There is a book on this subject by the same Prof, Myth and Propaganda of Black Buying Power. The second edition was released last year i believe.

[@moety2]

@@meanscene914 thank you

[@isaacashurov365]

Well a little correction politicians don't really need to raise taxes because they already way too high it just need to be reconsidered where they spend their tax money because we constantly in the war we have some other expenses that we should never have

[@lloydglyn6831]

Thank you mr wolff i really enjoyed your study regarding china

[@gannibalof21st]

Gotta love anecdotes and conspiracy theories as people's rebuttals. Murica right. Doesn't matter that the guest has whole list of sources and references in his book, but it's all about mi daddy and what mi daddy says says. By the way, Great guest and conversation.

[@marty3456hgn]

When I can I’m gonna buy his book

[@BryanHagerla]

can you do something about high rents???? YES, you can!!!!

[@jonathanwallace6667]

Sir, since we know that wealth isn't gonna be redistributed or trickle down we need to live on written budgets, save and invest our money, start our own businesses and stop buying their (S) and start buying shares of ownership (stocks) in these companies. Yes, it is smarter to go to the discount house. Why pay more than u have to?

[@markbulmer5227]

I agree Professor Wolff, think the world is spinning towards a super nation, and empire is no longer that attractive ... physical distance is what created different people , the distance is no longer there, the synergistic outcome is going to be the better option.... the frictions to that combination will be resolved over time, I think there is a dormant intelligence in the species

[@tquannadubose8973]

Mr. Wolf your show needs to be longer.

[@portlandreviewer2143]

I think Dr. Wolff has his vacancy rate interpretation mixed up. Let’s say we’re talking about a 100 unit apartment building. 5% vacancy means 5 units, at any given moment within in a 1 year period, remains vacant. 5% vacancy is a common figure underwriters use since it’s a desirable number that says a building’s rents are priced perfectly enough so that there are always 5% units available for showing to new tenants, renovating, etc. If vacancy is high, say 10%, that means there are 5 extra vacant units- in this case 10 units remain empty at any given moment within a year, out of 100 units. In order to fill those 5, a landlord will cut the rent until the vacancy is back down to 5%. If the vacancy goes below 5%, say to 2%, that means there are fewer units that are vacant. A landlord, in this scenario, will raise rents until vacancy goes up to the expected 5%. A well performing building should always have around 5% vacancy.

[@JMoroccoMisterBoy]

Tks. much.

[@tminusmat]

Taxes r not used for spending

[@MrDXRamirez]

Well, all I see is that in the past people never worked machines bearing value ( i.e., AI, EVs, Cell Phones, Video Gaming, Trucks, Cars, Ships, Bridges, Tunnels, Buildings, Cities, Land, Water, Air, etc.), people made value by working and whatever machines and tools they used were just that, tools. Tools and machines were not capital investments when modern infrastructure projects were built. Only when technology shrank them from the size of windmills to the size of a digital microchip processor did tools become investments for speculation. Everyone is divided as a manager or a worker not only because it was seen as better than being socially divided into masters and feudal slaves or serfs but more so because the technology and machinery was getting smaller in size and more specialized that it accommodated more people be involved in employment than a small limited population of slaves or serfs doing all the work. Now that technology and machinery has become smaller and more portable it made work lighter and less skilled. The smaller the technology the less skilled the workforce became to the point that nobody knows how to fix a door or a leak and only knows how to repeat a task and never go outside of the boundaries of their particular task never mind make a decision!

[@Jasmin.M-hz5ty]

Recently i have see on youtube video named,living from paycheck to paycheck.So i would like to ask few questions,1.What problems company and owner have if they keep employees on paycheck to paycheck.2.What it should be done to make bouth owner of company and his employees happy.

[@africarib]

An employee living paycheck to paycheck is more dependent on keeping that job and being subject to having few options overall. It's very expensive to replace employees so the longer you can keep them in one place where they will statistically be underpaid is nothing but a positive for the company. Labor is the highest expense for most companies. That's why so much energy is spent keeping costs down there. It's the quickest way to positively affect your overall profitability.

[@ithajean]

Mind blowing truism

[@philipzaccheus8398]

Informative information for knowledge seekers listening is an important asset. Continue listening for the leading narratives noting whose interests these belong. Collecting information for better understanding knowledge learning TO OWNING OWN good knowledge for the better knowledge satisfying own knowledge lasting conclusions.

[@PressEntertainmentLLC]

Inflation, Government aid and subsidies will a thing of the past .....To be dependent be it currency. Employment,food or government opinion is to be a slave/indentured servant, with white currency for white banking structures

[@philipzaccheus8398]

Informative information for knowledge seekers listening is an important asset. Continue listening for better understanding knowledge for learning Owning Own better knowledge learned from collected informative narratives for lasting satisfying knowledge conclusions.

[@rogermeadows5419]

Professor I love you but when it comes to the federal government they don't pay for things with taxes. Congress has sovereignty over Sovereign coin and currency. They legislate new money into existence out of thin air and give the banks the authority to do the same. what you're saying applies to State and local government because they don't use their own currency because they are not sovereign countries they have to depend instead on the currency put forth by Congress to tax that back

[@crescentprincekronos2518]

Like always with discussions, there are things i agree with and there are things i don't agree with. Overall, good discussion.

[@KandyGTV]

Interesting video, especially because Mr. Wolf has expressed in the past that he doesn't believe in reparations for ADOS 🤔

[@meanscene914]

None of this has to do with ADOS. Can you explain where you see the contradiction ?

[@joemadison5527]

11:30 but don’t a higher minimum wage causes inflation? Thank you.

[@dustyroadscomedy9215]

Hardly, the amount of money we print just to give to foreign nations will make your head spin, not to mention our defense budget. If the government were really concerned about inflation, they'd cut down on spending (and printing). People making more money doesn't cause inflation, because working class people spend money, which circulates. Rich people tend to hoard money, which causes some issues..

[@b-rainwash410]

👨🏼‍🎓👩‍💻👨‍🏫