Age of Easy Money (full documentary) | FRONTLINE

[@frontline]

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[@khunopie9159]

We love Frontline bro!

[@zeusvalentine3638]

every comment on your video is a fake comment to invest in crypto

[@ttacking_you]

​@@zeusvalentine3638there's something to be said for their choice of demography targeting?¯⁠\⁠_⁠(⁠ツ⁠)⁠_⁠/⁠¯

[@fire_fly_007]

next time plz atleast introduce the topic properly. What the fuck is this abotu?

[@MarkGardner-iw4bn]

Financial crisis​@khunopie9159 What's the time Is Powell ready to risk recession this is the question

[@TheDoctorsGaming101]

I can’t believe nobody is talking about how incredible it is they have a whole 2 hour documentary already out just a few days after all these banks failed. I bet they were working on this before all that happened (I’m not sure I just started watching right now), but even if that’s the case the fact they were able to rush to include the stuff about the banks failing is incredible. Everyone who worked on this deserves a raise😂

[@mallikarjunhiremath525]

Almost all documentary by FL

[@calilinda8397]

Bank failure most likely scripted… they already knew 🤫

[@Ti5qu4ntum]

It was predictable.

[@jonathanbeatrice8317]

@@Ti5qu4ntum Probably started this documentary when Liz Warren warned us this was going to happen again in 2018. Plenty of time to compile B Roll footage and conduct interviews from like minded people in the profession.

[@JohnColtrane2000]

it's built on interviews and reporting from an earlier frontline, from last year. that one was only about an hour and seemed quite preliminary -- seems Jacoby had a chance since then to finish his doc.

[@CamdenVanderlaan]

The BIGGEST LIE You've Been Told About Money is that it doesn't grow on TREES!! 🤣

[@BrigetteWaltershield]

Diversification is the key. My portfolio is well diversified with the help of a financial adviser. This helps me make more than +400% monthly on my investments.

[@BrigetteWaltershield]

I've experimented with a few over the past years, but I've stuck with ‘’Nicole Anastasia Plumlee” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

[@user-fp2ze9zw3i]

😂😂😂

[@RebeccaPerry-ur9up]

That it brings happiness..... Because I've seen a lot more poor people happy stories than rich people good stories, it's very rare

[@realtalk2046]

W script

[@kibundle]

In 2008 I worked for the law firm that brought down Lehman Brothers. I so wish I had a time machine to see exactly what that meant at the time. The next year, I lost: my savings (I worked my lifetime for that), my tiny home, my job through downsizing, and my boyfriend left. Hundreds of people at my firm lost their jobs. I had a nervous breakdown. I took out my remaining money and put it into a credit union. The life I thought I was going to have in retirement went down the drain. I found out I am stronger than I could ever imagine.

[@FlyDreamRememberSky]

Don’t give up hope. I lost everything too. The future you will regain and have loyal people.

[@HumbleAstronaut]

Good for you. Keep pushing! I've had to restart my life multiple times over now. But you definitely find out what you're made of and how strong you are, especially in this greedy world. People forget time is more expensive than money. Dont waste it

[@nhanmaivan4078]

😅Mmmmmmmmmmm😅mmm😅 mình 😅😅😅😅

[@kunmwas9437]

That's why I hope time traveling machines will be available soon 🤞🏾

[@vectoralphaSec]

So how are you now compared to then? You have more money now?

[@AndreaRoberto-wm3th]

In the early 1990s, when I bought my first home in Miami, first mortgages often came with rates of 8 to 9% and 9% to 10%, which was quite common. It's important to consider that we may never return to 3% rates. If sellers are compelled to sell, home prices may need to decrease, leading to lower valuations. I believe many others share this line of thinking.

[@Markscott412]

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

[@Williamjame444]

Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

[@jackwillison177]

I’ve been worried sick about the current state of my portfolio, who is your advisor?

[@Williamjame444]

Melissa Elise Robinson is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@jackwillison177]

I just checked her out and I have sent her an email. I hope she gets back to me soon

[@BobB-w4q]

As a recently retired U.S. government employee who spent 18.5 years as a federal bank examiner with a capital markets "subject matter" area, then 10.5 years as a financial analyst for the same agency, I consider this documentary the best summary of existing problems I have seen in such a brief package. Anyone who thinks our current economy is sound needs to stop listening to current government assurances.

[@ofainc001]

This documentary help us to understand the past, and what to expect to happen in the next few years.

[@williamcrawford2208]

Justice will be served only when the unaffected are as outraged as those who are

[@Reasonable6]

James Madison - 'If tyranny and oppression come to this land, it will be in the guise of fighting a foreign enemy.'

[@practicalpolitics1119]

@@Reasonable6huh?

[@tigeraudio]

@@practicalpolitics1119 George is my friend duiieee.....Don’t vote.

[@Mrshuster]

It’s amazing really. We have a financial crisis, caused by greedy, reckless financial institutions. Congress passes legislation requiring those institutions to be less greedy and reckless. The institutions then lobby to have those restrictions removed, usually in the name of “remaining competitive”. This leads to another financial crisis. It’s completely predictable, and we have been doing this dance since the Great Depression almost 100 years ago.

[@Peterl4290]

Agree; the rules should be applicable to all banks - big or small. First; very few meaningful laws are passed and then this cycle of doing-undoing seems to support deregulation risking the economy and the faith in banks.

[@sabastinenoah]

I believe using an investing advisor is a terrific idea. In the midst of the 2008 financial crisis, I was literally experiencing horrible dreams before I spoke with an advisor. In conclusion, I was able to increase my initial investment from $320k to almost $2.5 million in 2011 with the aid of my advisor, and I later bought my first investment property.

[@larrypaul-cw9nk]

Well, I've been researching advisors lately because the market news I've been seeing hasn't been that positive. Who is the individual who helped you, and is he or she still around?

[@sabastinenoah]

Her name is Annette Christine Conte can't divulge much. Most likely, the internet should have her basic info, you can research if you like

[@larrypaul-cw9nk]

I looked up her profile online since I was curious. I saw her website, her credentials, and how tight she came across. At first, I thought this was overblown nonsense.

[@olefella7561]

The fact that we get free documentaries on KZbin by FRONTLINE PBS is truly a gift. 👏👏👏 May I also remind you the fact that our Native American population in our motherland, the Continent of America before the European Colonizers arrived, was around 15 millions, while the European population in their motherland, the Continent of Europe was around 25 millions. Today, Native American population is 15 million, while the European population, in the Continents of America + Europe, is a staggering TWO BILLION! A shocking sad truth. 😔 In my humble opinion, it's about time to decolonize the Colonized lands, and return it to rightful owners Native American people. Notorious global cardinal crimes the Christian West has committed, and benefited a great deals, such as Slavery & Colonialism had long been over, why on earth is notorious Colonization still lingering on, may I ask? 😔

[@DrCruel]

This gift is from rich Democrats who want to make sure we think a certain way.

[@Prima10ne]

i mean PBS is all free

[@larryp3641]

It's completely BS. Inflation comes from printing money and giving it to the wealthy.. Ukraine is just another way to launder tax payer dollars. Frontline is propaganda

[@meanstavrakas1044]

Gift? You mean we get to eat propaganda from the same Bankers who have been raping our Nation & People of all of our wealth is a "Gift"?

[@onyxstonex9420]

*sign

[@SandraBurgess9]

So True! However many here should know there’s never financial freedom, it’s never-ending, you always have to thrive to get more and there are no shortcuts to wealth but there are ways to go about it. Fellow wealthy ones don’t tell the poor/middle class they need the knowledge of finance coaches/tutors for optimal growth.

[@SandraBurgess9]

EIizabeth Greenhunts

[@EleanorZeus1]

Good I got here. Big Thanks

[@BrianPetterson6]

Kudos

[@DK3CHAMP]

You have to say this Frontline documentary is probably the most impeccable timing for a documentary in a very long time.

[@rokerdude215]

I was just thinking ... what timing ... "they warned us"

[@cynthiasutch9139]

Almost as if they knew in advance exactly what was coming, and exactly when.

[@joeb134]

@@cynthiasutch9139 ffs man

[@ReligionAndMaterialismDebunked]

XD I'm glad this documentary is early on attacking the so-called Federal Reserve. Haha. One guy said the market is like little children, if you take away any of their candy, they throw a tantrum. One lady even brought up "dopamine hit" (which neuroscientist Andrew Huberman says doesn't exist, it's just an incorrect phrase). Two-party puppet system, Trump included, especially him, another puppet (with all those bankruptcies, cheating construction workers, kept most of his jobs in China and Mexico against his promise of America having more jobs alongside his campaign gear Made in China, etc.). Almost no one is trying to end the so-called Federal Reserve bank. The Founding Fathers fought that foreign private money institution, kicked them out of America, and when they came back in the 1900s, they made debt notes. Quantitative easing, like I've mentioned recently. That encourages more risky spending, hurts savers, and makes more inflation.

[@suziecollector5293]

@@joeb134 😊😊

[@davidthecardcollector]

This is one of those documentaries you watch years after the fact but we are right in the middle of it.

[@aldin5930]

Who didn't see it coming. You underdamp a control system and you'll get an overshoot on your setpoint (2% inflation). The question always was "when" not "how". At least mortgages are safe (for now).

[@defunddemocrats2470]

@ Aldin😳 mortgages are outrageous right now

[@JoeyT414]

This is years after the fact. We've had easy money fpr 2 decades

[@LD-tn6ff]

@@aldin5930 I don't think it's accurate to believe that over 15 years of prior low rates would suddenly and randomly at a moments notice yield out of control inflation. Interest rates would have a gradual impact on inflation, and in fact, they only mentioned these low interest rates as a means of showing that they, along with FED stimulus packages/bailouts ONLY went on to serve the rich, whereas the middle class workers saw between zero and negative improvement. There's a variety of factors determining inflation right now. And ya...housing is an absolute disaster. (I find that generally, the only people who enjoy the fact that housing prices are grossly overinflated, are generally the ones who own a home, and like the thought of seeing their personal assets increase in value.). It still doesn't change the fact that housing is more unattainable for working people than virtually ever before, and that prices have skyrocketed at a rate far beyond the market.

[@kipincharge2833]

THE THIEVE'S HAVE GOT THEIR GOODS THIS ROUND🤫 it's time for the next round😛 the wealth income gap says it all🤫PURE THEFT🤬

[@Football__Junkie]

Frontline does their best work in financial docs. The old credit card docs, the 2008 docs, the fallout from the GFC docs, the retirement gamble. Great work.

[@steveperreira5850]

Yes they do good work on finance. I wish they would stay out of politics because they are so biased as a liberal Democrats, they can’t help themselves. But on finance they have the connections to reveal the truth and they did a great job here and I am thankful for that. Good job front line!

[@6789uiop]

They were epic in the early 80's! Including Maria Bartiromo in this was telling, however.

[@kenbranaugh8251]

Don't praise the media . They're the ones causing the problem.

[@mr.g937]

@@steveperreira5850 Wake up sheep

[@isabellaharper1454]

I am eternally grateful to Almighty God for using DROKOH No KZbin to get to me when I thought it was all over but today am free from genital herpes

[@lukefisherDD]

The US economy's influence on the global economy means that its instability has far-reaching consequences. In such times, safe-haven assets like those with strong FA and cryptocurrencies offer protection. Investors must prioritize asset protection, diversification, and balanced portfolios to weather market fluctuations.

[@MiaDavis001]

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000

[@JanAlston-kd6yl]

Mind if I ask you to recommend this particular coach you using their service?

[@MiaDavis001]

NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@KevinEvans-mq4ob]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@Fall4What]

Scam

[@carlosaldas5690]

Great documentary, after listening to the all financial experts discuss the issues I realized that none of these financial geniuses manufactured nor created any new product to benefit society, they just move money around.

[@phoenixhenson3689]

right except its fake and worthless!

[@y.r.9401]

...And collect fees!

[@u-know-this]

That's not their job and if they did the public would not like it when the systemic risk hits

[@gregleavitt1255]

Sad that their silver bullet, their "only" bullet, is playing around with interest rates ala "Pay no attention to the man behind the curtain" (The Great and Powerful Oz). Chimps could do this, just give them a green or red button to push and a little treat for their efforts. The real problem was too easy to see years ago when they dropped rates through the floor and held their fingers on the jugular for way too long. Where we're at was created and preventable by them. Incremental increases along the way would have been the prudent play. But here we are with the obligatory "sky's falling" fear-based cliffhanger scenario.... 👎👎

[@oldones59]

Drop the BS banal rhetoric.

[@nicpollifrone8634]

Phenomenal, informative, non-partisan, independent, well-sourced documentary. This is what good journalism should be.

[@farrukhali9663]

Amazing documentary. Every American needs to see this.

[@dawsondanny990]

The average person has never been so poor. Millions of families are struggling financially as living expenses hit the highest levels in more than four decades. Over 60% of our country lives paycheck to paycheck and about 40% earns poverty wages. Even after working all their lives, more than a quarter of older people have no savings and many believe they will never be able to retire in dignity, while around 55% of elderly people try to survive on an income of less than 25,000 a year.

[@belljoe]

Biden is worst thing that happened to us

[@rannyorton]

TRUMP 2024

[@tradekings5433]

A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@rannyorton]

How can I participate in this?

[@tradekings5433]

Julia Hope Marble is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@AddilynTuffin]

Federal Reserve Chair Jerome Powell reiterated to lawmakers on Thursday that the central bank expects to raise interest rates one or two more times this year, but at a slower pace to avoid tipping the economy into recession, I'm still at a crossroads deciding if to liquidate my $138k stock portfolio, what’s the best way to take advantage of the market?

[@albacus2400BC]

Chose quality stocks and follow them up. If you're not one for such complexities, seek a Financial advisor to guide you

[@kaylawood9053]

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%.

[@ericmendels]

I need a guide so i can salvage my port-folio and come up with better strategies. How can one reach this advisor?

[@ericmendels]

She actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing

[@ReneeCaraway]

Reading about how y'all are worried about your "portfolios" makes me want to throw up. What about those of us who were already living paycheck to paycheck even before the stupid response to what was essentially a bad cold or flu? I'm a 53 year old hairstylist and make $40k a year. I have no "portfolio", no savings. The salon I worked at for the past six and a half years went out of business five months ago because it never fully recovered from the COVID lockdowns. Thankfully, I found a job at another salon within a week. But just know, there's plenty of us who will never have to worry about our "portfolios". We're too busy worrying about how we're going to buy food after we pay our bills and buy gas to get to our jobs.

[@Brokennbutnotdone]

Stability is being brought about by the economy's struggles with uncertainty, world events, and the fallout from pandemics. To stabilise the economy and spur growth, all sectors must respond quickly to rising inflation, slow growth, and trade interruptions.

[@HBgoesnuts]

These days things are weird. Inflation is making the US dollar less valuable, but it is still growing in value when compared to other currencies, gold, and real estate. Because they believe it to be safer, people are gravitating towards the dollar. My $420,000 in retirement assets are in danger of depreciating due to excessive inflation. We have nowhere else to put our money.

[@HalleBBB]

Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.

[@CoryBooker-l1z]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@HalleBBB]

My CFA ’ CELIA KATHLEEN MARTEL, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@CoryBooker-l1z]

Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.

[@broheim23]

This episode of Frontline should be nominated for (and win) a Peabody. James Jacoby and his team have produced a journalistic tour de force that should be required viewing in every public school in America. What we see here is EXACTLY what journalism is supposed to be: asking the hard questions and speaking truth to power. My hat is off to the very talented team at Frontline. This episode is a stellar example of investigative journalism.

[@Emily-jc5eu]

Absolutely agreed.

[@roshondaburks942]

👏👏👏 agreed

[@jannichi6431]

Well said...maybe Houston ISD did? Big boys don't like knowledge.

[@ilikecontent2327]

Agreed! 👏👏👏👏👏

[@vytallicaq.6881]

He is STILL not asking the most IMPORTANT questions. Like WHY do we allow THE FED to issue OUR CURRENCY? WHY do we allow the stockholders of THE FED to get RICHER while the hard-working tax payers get POORER? It's the tax payers who pay the interest on those bonds the FED buys from the Treasury. Why pay for government spending with BONDS when we could BYPASS THE FED? We could pay for everything interest-free, with dollars issued directly from THE TREASURY. Federal Reserve notes should be replaced with TREASURY NOTES. That would keep the owners of THE FED from leeching wealth from the people who ACTUALLY GENERATE the wealth. THE WORKING TAXPAYERS. The Treasury should loan these Treasury notes to the private regional banks and make THEM pay interest on those dollars. They should also require them to provide mortgages for STARTER homes at ZERO % interest to first-time home buyers. (As long as they are a good credit risk.) The same for basic cars. They could let the banks charge whatever interest they want for luxury homes, cars and everything else. That would make the economy EXPLODE HIGHER THAN EVER BEFORE. The production of starter homes would explode, and everything associated with home ownership. Furniture, appliances, and everything sold at home supply stores like Home Depot would experience a MASSIVE boom in sales, production, and employment. THAT'S the kind of STIMULUS we need! Not passing out checks to people who never PRODUCED anything!

[@JoseJames-spen]

There's a book called Hidden Time Wealth, and it talks about how using some secret techniques, you can overcome procrastination and accomplish anything in life. It's not just a bunch of empty promises; it's the real deal.

[@helicocktor]

Then how come you're here?

[@poliojones4093]

Frontline continues to bring some of the best investigative journalism this county has to offer. I can’t appreciate these enough.

[@danielhutchinson6604]

Look up their endowment, pretty impressive...... Then look at the list of Contributors. They will not accuse any of those Folks of being Greedy. They overlook what they are paid to overlook. But it looks so professional........Right?

[@hyperboreanmustache]

time to talk about the jews, though

[@HOPCOUNT]

@@danielhutchinson6604 They are not going to bite the corporate hands that feeds them.

[@danielhutchinson6604]

@@HOPCOUNT Exactumundo!

[@jakebredthauer5100]

The Fed was started off badly in 1913.

[@BrisLS1]

This was possibly the best video ever produced by PBS. It came within 48 hours of a bank failure, and included that to cap off the 2 hour documentary. Productivity in journalism has got to be at an all time high.

[@nz6241]

Agreed great recap of past decades regarding the FED and banking industry.

[@nellosnook4454]

1. The very last spoken words in this video are the most instructive: 2. “This is a political problem.” 3. I totally agree. 4. I know which one of the two political ideologies I voted for in 2020. 5. Which one did you vote for?

[@nellosnook4454]

@Skippy 1. I don’t disagree with anything you’ve said. 2. But political ideologies and the democratic process are primary. 3. Assuming we have ballot & tallying integrity, We The People vote for our political leadership. 4. Who in turn, set policies & appoint department heads. 5. It isn’t about perfection. 6. It’s about preference. 7. I prefer the political ideology that best provides a more prosperous & secure standard of life for the most people. 8. When our political leadership fails in these critical areas, we must hold them accountable. 9. It’s the only way to remedy the situation & change course. 10. Apathy gets us nowhere.

[@dingdongditch1000]

Props to that Fed member who voted against Bernanke 8 times in a row. He saw through the lies of the QE plans and history will prove he was right.

[@yinzthrone8703]

His contrarian viewpoint is a major focus in the book Lords of Easy Money by Chris Leonard.

[@bianconerointheus6692]

I actually thing QE had a logic if applied for a few quarters. The fact that they didn’t take a U turn by Q2-Q3 2021 it was IMHO the biggest mistake.

[@JenniferDavis7630]

Curious about top investors' millionaire-making strategies, I'm eager to grow my $295,000 nest egg. Investing in stocks could provide attractive returns through capital appreciation and dividend yields. But timing is crucial - should I invest now or wait for improved market conditions?

[@EthanBrown_23]

You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.

[@Angelinacortez495]

Most people minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.

[@danieltaylor--65]

You seem to know the market better than we do, so that makes great sense. Who is the guide?

[@Angelinacortez495]

'Laurelyn Gross Pohlmeier' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@debbygradley25]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@edoziengwu]

It's a blessing that we get to watch this for free.

[@Hydroxica]

@@odriivaiilliianx if this video is a lesson, take out a cheap loan and make a "premium" service that offers "premium videos" that competes with PBS. does it add value? is it truly better than PBS? spend enough on marketing and convince people otherwise regardless of the facts to pump up your business. otherwise, no.

[@corporateamerica4530]

it would be a blessing if it did not exist at all, if it was not a thing that would be a blessing

[@stephenkutney9626]

You pay as part of your taxes.

[@KamalasNotLikeUs]

This isn’t free. Not at all. Nothing is free. Including us.

[@Raymondcraw1967RaymondCrawley]

I’m not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.

[@BrewerVera]

The market is volatile at this time, hence i will suggest you get yourself an inv-advisor/coach that can provide you with entry and exit points on the financial assets you focus on.

[@johnlennon232]

I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders

[@williamyejun8508]

Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

[@williamyejun8508]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@peoplesperson8]

I’ve been watching frontline documentaries for a number of years now but this is truly one of the best I’ve seen 👏

[@criSOME1]

They’re terrible, it’s just that they no longer can deny the facts. But they will sugar coat it like it this doc.

[@chelseacraft4669]

If you wanna believe the lie that they are promulgating… that the Fed isn’t actually the same thing as the banks.

[@Lilybee931]

These things aren't taught. Often times one learns them the hard way. With a good investment plan that ensures a steady income without any doubts, I am prepared for a well organized retirement. I started investing 3 years ago and so far, I am making a good yield on my dividend. Great job.

[@Lilybee931]

I invested in some stocks myself using pure speculation. Long story short, I blew my account and lost it all. Jonas Herman, a licensed fiduciary is the brain behind my success. I've gotten into a plethora of assets with $31k spread across stocks (options and futures) for the short term and Roth IRA, index funds, and ETFs, for the long term. Now with over 181k in roi, I sit back and just reinvest at intervals while I handle my other career and family.

[@Pathston]

To me, investing is not worth it and I know that's the same mindset holding me back from taking a step forward in my finance. I guess I'm just scared since I'm green to it.

[@Baptisizm]

I'm in my late 50’s and I want to get started but I'm thinking that it might be too late. Can he help me?

[@Lilybee931]

Hermanw jonas that’s his gmail okay

[@Baptisizm]

Thank you for this lead. I mailed him. Did my due diligence on him before we scheduled a chat. Also, brilliant resume I must say! I intend on getting started right away.

[@alexyoung3126]

We experienced the peak of our era, and now it is gone. Recession is tanking everything including 401K. My retirement equities portfolio of $750K is in the reds. I keep losing because of inflation. This world will fall to the corrupt rulers in the same way that Rome did. I'm sorry if you're thinking about retiring and you're worried that your pension won't be enough to meet the rising cost of living. Horrible foreign policies everywhere, bad regulatory policy, bad fiscal policy, and bad energy policy.

[@bobbymainz1160]

For retirees and those close to retirement, I believe it's particularly challenging. All those years of labor only to lose it all to a problem you weren't responsible for, my regrets to everyone retiring during this time.

[@jameswood9772]

After the pandemic, things became extremely difficult, which is precisely when I sought a consultant's counsel. I've been investing on my own for nearly 3 years and have built up a stagnant reserve of $280K to $570K in just over 24 months.

[@lawerencemiller9720]

I’m in dire need of guidance so i can salvage my portfolio due to the massive dips and come up with better strategies. How can I reach this advisor?

[@jameswood9772]

renowned for her proficiency and expertise in the financial market, “Lisa Angeliquel Abel” my financial advisor, holds a broad understanding of portfolio diversification and is recognized as an authority in this domain.

[@lawerencemiller9720]

I discovered her, reached out via email, and arranged a call, anticipating her response. My goal is to end 2023 and start 2024 on a positive financial trajectory.

[@darrenhall9015]

Amazing documentary. I've lived through all of this yet never fully understood what was happening and why. Exceptional journalism. This should be shown at High Schools and Universities.

[@vytallicaq.6881]

The Money Masters. THAT video should be shown to students and PBS viewers. It shows the actual SOLUTION to this mess. This video doesn't.

[@jercasgav]

The schools are rigged for the ordinary person to keep them in servitude. It is no mistake economics and financial prowess is NOT taught in public school. Instead they brainwash a lot of ideology mostly with some of the 3R's.

[@vancewow2930]

This documentary is so good! Right questions, crisp answers, no-nonsense editing, amazing work you guys!

[@AstaKristjan]

I have over $200k ready to be invested, however I am having trouble trying to find out what investments would be best during this present economy. Heard index funds and ETFs provide diversified stock market exposure while spreading risk. How true?

[@Erinmills98]

very true, there are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist

[@veniceblackwood2931]

A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve steadily from $350k to approx. $720k as of today.

[@alexanderfinlay9639]

mind sharing info of the professional guiding you please? truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor >

[@veniceblackwood2931]

Not to blow her trumpet, but '' Kristin Amy Rose '' is exceptional in navigating tough markets. She has been planner ever since we met in London global economy conference. she's verifiable , so you could just search her and book an apointment. good luck!

[@hamzahaffi9464]

Kindly share a little

[@rannyorton]

Thanks for the video. I finally established a way to increase my net income per month. My 2024 goal is to pay off the house by Sept 2024 (8 years total into a 30 year @ 4%). I have no debt other than mortgage. My 401k, HSA, IRA and emergency funds get maxed out. The mortgage is my last piece of debt left. I don't have any school loan or CC debt. I've made a lot of sacrifices over the years. I'm almost at the debt free finish line.

[@smithlenn]

TRUMP2024

[@latanyaconlontl5849]

I began my investment journey at the age of 38, primarily through hard work and dedication. Now at the age of 40, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.

[@smithlenn]

I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same.

[@latanyaconlontl5849]

was guided tho..Julia Hope Marble. walked me through the ropes majestically i'ts my ultimate pleasure.

[@dawsondanny990]

I'm definitely gonna check her out. Do yo have any idea if she manages family fund?

[@chluv1]

This is a fantastic, comprehensive, and sobering account of the state of the financial markets - kudos to the Frontline team. This episode is nearly two hours - time well spent.

[@scottdorsey8220]

Sobering, but understated. We're in for a calamity. This puts a nice face on it all.

[@tobiahrex]

As a Silicon Valley Software Engineer, I couldn't stop watching this doc. The entire time I was doing a background-inventory of all these seemingly-random observations in my personal and professional life that I remember thinking "hmm that seems weird" then forgetting quickly thereafter. Now suddenly this doc has connected all those seemingly random dots into such an intuitive and terrifying mental picture that I now realize has woken me up from my sleep-walking slumber. The truth in this demands immediate action from the viewer. WoW. Really incredible.

[@birarakisarap]

SVB was used to have greatest tech team behind and I felt sorry to see some great programmers suffers because of financial C levels did some terrible decisions. I hope you are ok and well, on your job.

[@6789uiop]

QE... "It's almost like alchemy" R Fischer, Dallas Fed Pres. I suspect the QE proponents are not MMT fans because much of the QE went to securities folks, not folks in need.

[@hugodaniel8975]

@@6789uiop are you lgbtq

[@TehNarrator]

CNN, CNBC,FOX, etc. They know exactly what's happening and could have produced this documentary long ago .....but first they would have to WANT to do it at least a tiny itty bitty bit

[@scottdorsey8220]

@@TehNarrator They're nudging the public to prepare for a calamity. It's long overdue.

[@Draish-l2b]

🌹I think the retirement crisis will get even worse. A lot of people can't save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won't have a house to retire with either

[@CharlieLavoie-hu9dr]

Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.

[@Brielle77-p4h]

I completely agree; I am 59 years old, recently retired, and have approximately $975,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!(Alvarez Harry Flectcher) is a Blessing to me

[@KimKoskinen]

Talking of been successful I think I'm blessed if not I wouldn't have met someone who is as spectacular Mr Alvarez

[@KyleighBouchard]

You don't have to be surprised, That's exactly his name( Alvarez Harry) so many people have recommended highly about him I'm huge beneficiary of his platform from Brisbane Australia 🇦🇺

[@TeresaFroster]

What' supprises me about him mostly is he gives his clients access to his trading site whereby they can monitor their on

[@Evelyn-gv8jy]

I'm 54 I and my spouse are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for*

[@captmcloven2137]

My wife and I are right there with you. Top it off, she lost her job at a well known mortgage company last Tuesday. The company laid off half of the work force due to higher interest rates. "less people buying and refinancing homes". We are having to rebudget on a monthly bases. Unlike the higher powers to be, if you know what I mean, we just can't add zeros to our paychecks. I have faith in God to pull us all through, but it is going to be hard.

[@djack915]

To top it all off nutballs in politics get pensions and great healthcare 😢

[@Alpacabowl98]

all that budget talk is BS. budgeting is not the answer, it's a sacrifice. it's a lowering quality of life. not the answer! Do you run away and hide in a hole like a rat when you see the word 'learn'? Let's put it to the test. Learn about the many different kinds of financial markets. (You don't need money to trade. this is false. companies will give you money to trade, you need to find them.) Then Learn "how to read/trade Price Action." EVERYTHING you need to know is on youtube. there are many ways to trade, there is no one way, so find your way. Learning this is a journey. It will take minimum 12 months to learn. Plot your trades on a graph. this will guide you. When you're doing things right and your close to success you be able to visualize this. It looks like this, "Higher Highs and Higher Lows." Your progress is a trend. When your progress is on an uptrend you are heading in the right direction.

[@MrScratch69]

​@@captmcloven2137where I live every day in my occupation I see more and more houses, cars and campers with for sale signs on them in people's yards. I know people that have been getting overtime for years that suddenly have it cut off. I think this November will be very telling as to the condition of this economy. I hope I'm wrong but historically companies make cuts at the end of the fiscal year.

[@AnimalFarm341]

That’s the goal, unfortunately

[@oliviazuniga4677]

Its amazing how these politicians can say with a straight face that they did what was best for the people. Shameless

[@MS-st1zb]

I thought big money salaries attracted the best and the brightest. We are always getting duped by theses ilk.

[@andrewcampbell3100]

What's best for the people isn't best for the Masters.

[@lvl99dh]

I will note that the Fed guy who goes on and on about how they're saving costs from the working class (demonstrably untrue) is not an elected politician and is acting more as a PR spokesperson for the Fed

[@oliviazuniga4677]

@@MS-st1zb all upper leadership positions in every industry do not like to go against the grind. There are a bunch of sheep following whatever the CEO/CFO establishes even when they can see the BS. Leadership is so over-rated, we push our young kids to believe it is a position of power but the reality is most leaders are just sheep unwillingly to stand for what is right - proven every time we have a melt down in every industry.

[@manictiger]

If you're anti gun, you're part of the problem.

[@bennettbullock9690]

Disturbing on many levels, but for me what hit home was tech, a field which I have worked in for about 16 years and have just - happily - left. What really was tragic about tech was its financialization. So many companies more concerned with either an IPO or an inflation of their stock price than they were with creating value and solving problems. It led to all kinds of toxicity on the small scale, and lots of wasted money and talent on the large scale. But now I have come to understand that the reason tech has become like this is that it's a place to park cheap money.

[@edubogota1]

The decisons in the central bank, have placed asia in rebelion against the united states, this was a decision made by the fed and a huge mistake done by the fed.The consequences? we have not seen it. This looks like a reste in the american economy is imminent.

[@timsteinkamp2245]

I have to agree. Like they said, too much money. 31 trillion I guess. I wonder if we were to put a new currency into the world for 8 billion people how much would we need to borrow? $1000 per person would be 8 trillion. Yes / no?

[@bennettbullock9690]

@@timsteinkamp2245 I guess so. But why would we need to do this?

[@bennettbullock9690]

@@Chasm9 Evil is the root of all evil, I think. Money is just the conduit.

[@TheJonnyEnglish]

Get into something with substance like art

[@Clorisluta]

Transfer of wealth usually occur during inflation and market crash at times like this. So for me,this is time for aggressive investment. The more stocks drop, the more I buy. I'm just focused on making better investments and earning more as recession fear increases.

[@ShukriVikas]

Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

[@SheilaAnnerego]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@catherinerea3569]

How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

[@SheilaAnnerego]

Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@RomeoSfait]

Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.{

[@sarawilliam696]

Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.

[@Justinmeyer1000]

Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival

[@wj2791]

Interest rate will continue to go up to about 8% to tame the inflation. However, it is not going to work. Time will get bad for the all working people. AI will reduce the people needed to get the job done. Stock market can crash down 30-50% and move sideway for about 10-15 years.

[@janvaneck4088]

I have just taken some savings cash and purchased new production machinery from a manufacturer in Austria, then some additional machinery from a manufacturer in Taiwan. Starting with a 7,200 sq ft building I will set up a new manufacturing plant. For a starting investment below $50,000 I anticipate it will be earning well into the eight figures after market penetration. My view is that investment in new plant, while obviously incurring lots of risk, has the potential for outsize rewards. More wealth has been created in manufacturing than in anything else. Look at Carnegie. Look at Hewlett-Packard. Look at Ford.

[@why67152]

Buy land! Oh that's right the gov will take it by 2035 or before. Gold! Nope.The gold recall of 1933 and they will as soon as emergency powers are more and more. Continuity of government! It is in writing and has been on the books for years... All land, mineral, food and water and also covers your money and any other assets. In 1929 10,000 banks on a FRIDAY closed their doors and did not re-open! On the following MONDAY all safe deposits were raided by the banks/AKA government. Gold, silver, jewelry, cash and anything else that may have been in those boxes all were taken/AKA stolen!! None of this is speculation it is ALL FACT!! And all those who want to sit around and DO NOTHING like watching T.V. or staring at your phone will guarantee history repeating itself. MONEY AND POWER IS THE ROOT OF ALL EVIL!!! I NEVER WANT TO COME BACK HERE!!!!!!!

[@jrm2383]

Almost every post on this video is a leading question towards some financial advisor recommendation. Who are these clowns?

[@richardhedd3080]

As usual it’s the working class who will pay the price for the reckless greed of the rich.

[@timgriffin3368]

I Always say the War, no matter What our differences should not be amongst the whites, blacks, browns, gay, straights, Christians, jews, BUT RATHER Those that Have (those 5% that call the shots) VS Those Rest of Us! We get together, We'll WIN!!!

[@alexlopez5800]

As always... Ironic because the wealthy need working class/middle class to even preserve their wealthy status

[@emilyanthony1721]

There was always socialism for the rich

[@Rays_Bad_Decisions]

Of course that's the Dixie Democrat way! The only way to solve inflation is by raising interest rates on loans that the working poor actually need to survive :) They are exporting their debt slavery from the ghetto to rest of the country. Hope you got some food storage

[@tracyday6710]

@@Rays_Bad_Decisions please read a book. your ignorance is an embarrassment.

[@allympili3437]

Some group of economists have projected that both the U.S and parts of Europe could slip into a recession for a portion of 2023. A global recession, define as a contraction in annual global per capita income, is more rare because china and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.

[@Ashleycorrie8494]

My major concern now is how can we generate more revenue during quantitative times? I can’t afford to see all my savings crumble to dust.

[@Bradleyschaeffer376]

It’s a delicate economical season, so you can do nothing or little on your own. Hence, I will suggest you get yourself a financial advisor that can provide you with valuable financial information and assistance.

[@GaryWinstonBrown]

That’s why I always make it a point to speak with a financial advisor before choosing any investments. Apparently , I’ve been using one since the pandemic, using profits oriented tactics and minimizing risks as a buffer against inevitable downtrends.

[@GaryWinstonBrown]

In addition they have valuable access to insider knowledge and analysis, making failure virtually impossible for them. I’ve made over $1.5million passively working with Gregory Thomas Patchak, my advisor for over three years now.

[@RandalHebert]

__ Your advisor really seem to know this stuff. I found his online-page when I made a google search of his full names online, read through his resume, educational background and qualifications, it was really impressive. I left him a note and booked a call session with him..

[@Bridget-l7p]

I've been regretting not investing in stocks all this time, but I'm still grateful for having kept my money in the money market. With around $200k maturing soon, I'm planning to invest in the stock market. As a newbie looking to safely grow my money, what stocks should I consider?

[@DavidLucas-so8rr]

Consider exploring energy stocks, as they are poised to be significant beneficiaries of advancements in AI and data centers. Additionally, practicing Dollar Cost Averaging (DCA) into a reputable ETF could be beneficial. It's crucial to prioritize patience and maintain a long-term perspective. Most importantly, seek financial advice to make informed buying and selling decisions.

[@Bako-b8j]

Often people underestimate the value of counseling until their own emotions become overwhelming. A few summers ago, after a long divorce, I needed a huge push to keep my business going. I searched for licensed advisors and discovered one with the greatest qualifications. Despite inflation, she has helped increase my reserve from $275k to $750k.

[@RobertBrown..]

You appear to know the market better than we do, so that makes great sense. Who is the coach?

[@Bako-b8j]

"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.

[@trazzpalmer3199]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@derrickholfman2]

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

[@Rachadrian]

Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .

[@Pconradsmith]

@@Rachadrian Exactly ! That's my major concern and what lucrative investment can one venture into with the current rise in economic downturn

[@Greghilton-oc2nx]

I have been investing in stocks for over 10 years now and I have made a lot of money. My portfolio has grown exponentially and I can't thank stocks and “Vivian Carol Gioia” enough for such an amazing way to make money!

[@Greghilton-oc2nx]

@@Pconradsmith Most likely, you can find her basic information online; you are welcome to do further study.

[@Pconradsmith]

@@Dantursi1 please how can i find the lady you mentioned'?

[@emiliorosa9896]

Thank you Frontline for amazing information and always getting the truth out there very professional journalism

[@randallsmerna384]

And yet, true to form, Americans would rather fight each other than unite to fight the real threats waging real war against this country....

[@meinbherpieg4723]

@@randallsmerna384 Too many conflicting incentives and savings accounts to risk destroying your retirement fund for the middle class to actually push back against the system. We are too dependent on the matrix.

[@bobbymainz1160]

With Market tumbling, Inflation Soaring, Is the stock market actually getting better or could this be the regular new year market manipulation to entice new investors? I'm currently sitting on $500k inheritance and just wondering what better assets than stocks to invest in right now

[@alexyoung3126]

You need a certified financial planner straight up! personally, I would invest in etf and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment

[@jameswood9772]

No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.

[@chris-pj7rk]

Amazing! I hope it's okay to inquire if you're still collaborating with the same fiduciary and how I can get in touch with them?

[@jameswood9772]

The decision on when to pick an Adviser is a very personal one. I take guidance from ''Melissa Maureen Ward'' to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

[@chris-pj7rk]

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

[@ชนากานต์เรืองพรหม]

Thank you for recommending Sarah Jennine Davis on one of your videos. I reached out to her and investing with her has been amazing.

[@anilhettiarachci8467]

Wow, congratulations on your impressive investment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!

[@SenghuorVAN]

Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my portfolio and plan my retirement

[@ชนากานต์เรืองพรหม]

​@@SenghuorVANShe's Sarah Jennine Davis

[@Andrewpaul-w6n]

​@@ชนากานต์เรืองพรหมHow do I access her ? I really need this

[@ชนากานต์เรืองพรหม]

+156

[@johnaaron37]

I was in the fortunate position to save all of my stimulus checks, and paid off my old traffic fines, got my license back after almost two decades, and bought a vehicle. Then I started making deliveries. I had been unemployed for several years beforehand.

[@jw4302]

Good decision man. My best friend hasn't had his license for over 10 years because of multiple DUIs. He spent all his stimulus money on guns and ammo. I told him he was a fool.

[@QueenSorrow5150]

Live, learn, adjust, then move. Always get needs, budget, enjoy life don't let life run you.

[@cheryls3224]

Sensible decisions clearly show the benefit of stimulus.

[@SnappyWasHere]

But that was stimulus from an elected government that wanted to help those in need. All the fed messing around was not part of that and only enriched the top.

[@u-know-this]

That is actually what any educated person should do. If u receive free money that is going to everyone you should know inflation is coming so reduce your exposure

[@crypticallegory]

At the end of the meal, the bill always comes due. Why is it always those who filled their bellies the most, who end up paying the least?

[@niojackson938]

Wouldn't even be right if it was the other way around my guy 🙄

[@ShamileII]

What a fantastic documentary! Oh man....a bad trip down memory lane to start. Having gone through the financial crisis with my aluminum manufacturing and construction services company was brutal. Where we are today is right at the beginning of another 2008. I have done nothing but prepare since we came out of the last one in 2013. Seeing SVB bank collapse and 3 major construction projects we were going to do get cancelled, just had me thinking....this is it! Financially retired and no debt will allow me to sleep well at night....don't think I'll be able to say the same for the unprepared. Thanks PBS....your documentary lines up perfectly with our own business history. Great job presenting what's coming.

[@dingbario]

The age of easy money 07:24 Ch 1 an emergency measure 16:00 Ch 2 volatility and anger 19:40 Ch 3 a radical policy 23:43 ch 4 dangerously addicted 28:53 ch 5 who owns the stock 34:46 ch 6 a missed opportunity 38:29 ch 7 the fed blinked 41:31 ch 8 a giant bloodsucker 50:32 ch 9 a source of instability 1:01:30 ch 11 moral hazard 1:06:30 ch 12 orgy of speculation 1:16:21 ch 13 economics 101 1:23:33 ch 14 a different world 1:28:46 ch 14 things are gonna get harder 1:38:01 ch 16 the tide goes out

[@pratikdagu]

I have not seen more informed,interesting documentary like this in a long time. Much better than most tv shows!! Great work! The guy who is interviewing all these people was asking tough questions! If someone from non finance watches it they will get some idea of how the money flows,it is that good!

[@invisiblepinkunicorn7626]

I’m one of these people who has no clue about money, but knows about health care. I think my take away so far is just how annoying it is that the very wealthy took full advantage of the pandemic-and made a shit ton of money-when the government wanted to try to help the working class. 🙄 We saw the bad side, people died alone, in the worst way 😢

[@user-dl4rr5qs8y]

The downfall of Silicon Valley Bank has caused significant damage to the worldwide financial markets. As a result, investors are scrambling to revise their projections for interest rate increases and hastily selling off bank stocks across the board. As someone who has invested 200k in stocks, I find myself at a pivotal moment, wondering whether it's wise to cash out my depreciating portfolio. What strategies should I adopt to make the most of this bearish market?

[@drewkramer3795]

The recent events with SVB make it unlikely for the market to make significant gains soon, so it's wise to manage expectations and prepare for a potentially long recovery period. It's recommended to avoid making significant investment decisions until the economic environment stabilizes in areas of concern. It's best to exercise caution and avoid engaging with the current turbulence

[@olgageorgsen9654]

A steadfast commitment to reputable companies requires either holding steady during market downturns or increasing investments during such times. This strategy is based on the fundamental belief that well-managed enterprises will eventually rebound with renewed strength. On the other hand, investors seeking long-term profits through stock appreciation should seek guidance from a FA to identify opportune entry and exit points. My own experience during the pandemic highlights the value of working with an investment advisor, which resulted in a significant gain of $530k in just 8 months.

[@user-dl4rr5qs8y]

please can you leave the info of your investment advisor here? I’m in dire need for one.

[@drewkramer3795]

My advisor is YUVAL ERIC BROKMAN., a renowned figure in his line of work. I recommend researching his credentials further. he has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@drewkramer3795]

google his name.

[@nerdstrangler4804]

Really great documentary on the dangers of easy money. The problem is most the people who understand the financial system cheer the fed on. Wallstreet only cares about asset prices next week, politicians only care about the economy up until the next election cycle. Nobody cares about negative consequences as long as they are more than 5 years out except the average joe, but the systems have been designed to be so convoluted and so complex the average joe has no shot of understanding them.

[@noel7777noel]

I have a retirement savings account I can not touch until I'm 65yrs old, so I can not cause a run on a bank. How about those 20 investors put a bid on my foreclosured house, the very first day, sight unseen and cash in their checking accounts. One over asking price. A run on real estate. Now I'm stuck in the rent trap. Driving a 20yr old truck. And a great career. My daughter just graduated college, with a top career choice. And the local real estate is out of her paycheck's reach. She is also stuck in the rent trap. She found the cheapest rental property, with a higher college degree. A oxymoron. You would think, after a top college career choice, the biggest home to buy would be waiting for her. The biggest American dream. I'm sorry. Now where did those 20 investors come from with cash in their checking accounts? Investors are not helping. Their "profits" are a verb. I have a retirement savings account and I don't call it "building wealth". "Building wealth" is clearly stating something different than a retirement savings account. "Profits" is clearly being said as a verb. "Passive Income" is clearly being said to avoid work.

[@Commievn]

You are both right and wrong. The Fed priority is still raising interest rate to reduce inflations, but they also bailout SVB, Signature and other banks too. Bailout cost inflation by printing more money. It's a vicious cycle of raising interest rate then bailout big banks, then raising interest rate higher, to bailout bigger banks. The End Time is that the interest rate will become so high (more than 7%) that by the end of 2030. The U.S could pay $1.200 - 1.4 Trillion in interest rate EACH YEAR! In comparison, the current U.S defense budget is $800 billions. That is why millennials and Gen Z are getting more depressed, they understand that hard time is coming and they will pay for the sins of boomers.

[@backrack01]

​​@@Commievn I feel gen z and millennials have or will get sucked in the same greedy system and if they are depressed it's only because they don't have the knowledge or forth right to jump in and participate. I'm just pessimistic though. Maybe by the time my little girl gets out of school, and those gen zs and millennials that are in those same ceo seats and government that they will have changed things, but I'm not holding my breath.

[@adamwoodie4029]

Ha so everyone is sad and depressed because they can't get rich.. cry babies... Sounds like your real problem is you love money just as much as the rich.. you are the same as those sinful boomers 😂

[@Commievn]

@@backrack01 The system has become too big to reverse. It is similar to the U.S Gun culture. While rest of the world is becoming more peaceful or at least less destructive by violent protests, this is thanks to stricter arm control and educations. U.S cannot do that, the ship has sailed long ago, there are more guns than people in the U.S and multiple pro-gun institutions has established and are increasing. The pro is nobody would try to f*ck with Americans. But the con is outweighing the pros now. Too many gang violents, mass-shooting, and the worst is possibility of total collapse of social order. The French is protesting because of pension reform, however, it is still under control, cause the masses don't have guns. What will happen when U.S cuts spending on social security, welfare, healthcare, and other federal programs (to keep Americans happy) because they can no longer borrow more debts? During civil right movements, people didn't have as many guns as we have now. Jan. 6th would be like a kindergarten event to what could happen in the future when the dollars no longer the world reserve.

[@KimKoskinen]

*Thanks for the continuous update! I am super excited about how my stock is going so far, making over $50k months is amazing*

[@KimKoskinen]

Thanks to Mr Alvarez Harry Flectcher's time in my life, which had a profound impact on me

[@Jocov187]

Wow 😲I know this Man mentioned here . He's really good with and on his job. He's helped a couple of families and individuals' finances

[@TeresaFroster]

You don't have to be surprised, That's exactly her name( Alvarez Harry) so many people have recommended highly about him I'm huge beneficiary of his platform from Brisbane Australia 🇦🇺

[@HaileyTremblay-by4vj]

It only gets better. Alvarez Harry is spreading like wildfire here in Canada 🇨🇦What i see is a Great Wonderful opportunity for life changes I think he deserves an honor

[@CharlieLavoie-hu9dr]

INSTAGRAM

[@JudgeDreddz]

This is hands down the most terrifyingly infuriating thing I’ve seen, we need to hold the CEOs bankers and politicians accountable

[@okgroomer1966]

That will only happen when America stops fighting over red and blue. They're BOTH crooks except for possibly a handful who retained their integrity. It was Dodd/Frank that allowed them to hide billions in unrealized losses. The government is in on the con.

[@jasonmarch1983]

CEO are doing there fiduciary duty. It is illegal for them to not use or invest capital in the most beneficial manner for it's shareholders and always has been. The issue here is world governments getting out of hand with debt with money that is based on and backed with debt.

[@bobkrogh1670]

@@jasonmarch1983 How some could watch the video and not understand what you stated is odd. The angry mob wants to hate and refuses to look in the mirror. They elected the government and now do not want to take responsibility. The citizens need to vote for politicians that are fiscally responsible and understand how painful the process will be but not holding my breath.

[@jasonmarch1983]

@@bobkrogh1670 it is all sides, and all government. it is impossible to solve now. There has never been any country to return from over 100% debt to GDP ratio without a mix of major population growth, major productivity growth, major inflation. We need to find someone to manage us through this and guide us and the world through a major currency devaluation or reset. Currently government spending is equal to 100 percent of the 4tril of tax revenue only counting soc sec medicare military and interest. And it's only going up as we our refinancing our debt at higher rates.

[@thejquinn]

@@bobkrogh1670 Pretty hard to be fiscally responsible if you take PAC money, and hold no real principles.......

[@dennisholliday2454]

I LOVE FRONTLINE..I'm an addict. Always so informative and with complex in-depth issues explained for the layman

[@corytillery2629]

America as a whole needs to see this so we can understand how we got here and what needs to be done to fix it.

[@kizzle2092]

Jfk and Abraham Lincoln got assassinated for trying to fix this. This is how our system is built to work and won't ever be fixed until we get rid of the central bank and fiat currency

[@wrathofgrothendieck]

They should play it repeat on the emergency frequency for a month. Or it should be required viewing in order to get your tax return.

[@justinhenry8995]

the government is the problem here..this is big government/big spending run amok..get used to it

[@yntrome8414]

It's Corporate Greed. We are not allowed to say it because corporations don't like it.

[@yntrome8414]

@@justinhenry8995 government bought and paid for by corporations and the ultra rich.

[@albacus2400BC]

Everything seems strange right now. Although inflation is depreciating the US dollar, it is becoming more valuable when compared to other currencies and assets like gold and real estate. I'm concerned that my $900K retirement savings could decrease due to the rising cost of living.

[@LuvmeRos]

There are strategies capable of delivering consistent gains irrespective of economic or market conditions, but these are typically implemented by seasoned investment experts or financial advisors.

[@alicegomez7232]

You're right! In light of individual experience working with a financial adviser, I presently have over $1m in a very much enhanced portfolio that has encountered dramatic development, you also need to be knowledgeable, persistent, and have strong hands to support your investment

[@CrystalJoy-32]

Hope you don't mind if I ask you to recommend this particular professional you use their service?

[@alicegomez7232]

I've stuck with the popularly ‘’Monica Shawn Marti” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, I agree with her.

[@DennisJack-km8ho]

Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.

[@davidogden9829]

These documentaries carry so much emotion and power. I appreciate their balance of objectivity between the experts and the people.

[@alexr3526]

True that.. plus it kinda affects everyone.. I'd love to understand the reasoning for the feds or banks to do what they do.... their analysis so to speak.. how did they get to the conclusion the best thing would be to lower interest rates, just to give a sample.. Do you know?

[@lawerencemiller9720]

In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.

[@alexyoung3126]

If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.

[@jessicamoore3093]

That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?

[@jessicamoore3093]

Thanks for sharing this. I curiously searched for her full name and her website came up top search. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

[@ρρσ-κ2ν]

​@@alexyoung3126 second this but make sure they are fiduciary or you run the risk of them not completely working for you 🩷

[@ofainc001]

To play safe and preserve, buy US treasury. Two years maturity has 5% rate at least. Go back to the market when the cloud and dust is all cleared.

[@rayhahne7606]

Very well done! I was so enthralled, I watched it twice. It is most amazing how little the rest of our media questions what is going on - it really is a grand experiment in economics and monetary policy.

[@Bebrun13]

It's just BS. The fed prints money for the themselves and their friends. The media is owned by the rich. That is why there is no questions. I was so pissed off the day of the first bailout because I knew this was all going to happen way back then.

[@brwils3378]

No, it’s just the plebs in charge n Joe experience, but less send 10 Billion every month to Ukraine and pay 12 Billion for illegals housing along with possible Trillions spent on this Isreali Middle East conflict coming up! But we got half these American dimwits that have no idea what’s going on and will vote for Joe even harder. Not to mention the bs green new deal! 😤😡

[@lukeasacher]

Learn Austrian Econ. Only gold and silver are money.

[@WereNeverDuplicated]

It is refreshing to observe, and also to have -bottom line- discussions. Arguing, and trying to change other's rarely solves anything. Observing situations, thinking of ways to effectively bring forth positive change, then so doing it, is really helpful for all of the people involved in any situation. PBS has always been special to the people. We 💜 you. May God Always Bless You.

[@jackiebetz9017]

I applaud 👏 the reporter who skillfully interviewed and asked the difficult yet true questions 👏👏👏 Excellent job and documentary, as ALWAYS 👏👏👏

[@Rays_Bad_Decisions]

Then how come the only way to stop inflation is to raise interest rates on the working poor that actually need loans??? Why were we deflationary under Trump's last 6 months?? What about Biden printing Trillions and stopping domestic energy production our main export??? This is just a big whitewash wakey wakey the Dixie Democrats hate you

[@N3ur0m4nc3r]

Can questions be true... or false ?

[@Rays_Bad_Decisions]

@@N3ur0m4nc3r "household balance sheets are in a great place". Household saving and debt is the worst in recorded history. We were deflationary in Trump's last 6months 90% of all money was printed in Bidens first 6 months. This documentary is just propoganda

[@vytallicaq.6881]

He is STILL not asking the most IMPORTANT questions. Like WHY do we allow THE FED to issue OUR CURRENCY? WHY do we allow the stockholders of THE FED to get RICHER while the hard-working tax payers get POORER? It's the tax payers who pay the interest on those bonds the FED buys from the Treasury. Why pay for government spending with BONDS when we could BYPASS THE FED? We could pay for everything interest-free, with dollars issued directly from THE TREASURY. Federal Reserve notes should be replaced with TREASURY NOTES. That would keep the owners of THE FED from leeching wealth from the people who ACTUALLY GENERATE the wealth. THE WORKING TAXPAYERS. The Treasury should loan these Treasury notes to the private regional banks and make THEM pay interest on those dollars. They should also require them to provide mortgages for STARTER homes at ZERO % interest to first-time home buyers. (As long as they are a good credit risk.) The same for basic cars. They could let the banks charge whatever interest they want for luxury homes, cars and everything else. That would make the economy EXPLODE HIGHER THAN EVER BEFORE. The production of starter homes would explode, and everything associated with home ownership. Furniture, appliances, and everything sold at home supply stores like Home Depot would experience a MASSIVE boom in sales, production, and employment. THAT'S the kind of STIMULUS we need! Not passing out checks to people who never PRODUCED anything!

[@isabelcanas3121]

This Documentary should be mandatory to watch at all schools here in America.

[@Todd4America]

They'll have to sandwich it in between drag queen story hour and porn in the library

[@CMare-pt7ei]

They are only teaching sexual things to children

[@kellymcgowan3547]

This is most honest PBS report I have seen in decades. Thank you

[@Riggsnic_co]

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

[@JacquelinePerrira]

I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.

[@kevinmarten]

45% of Americans do not invest in the stock market because of lack of guidance. Every year you don't invest, you are falling behind. I’m hitting numbers in the stock market I used to dream of… Going from $50k to $600k in my portfolio is surreal all thanks to insights from my financial advisor.

[@Jamessmith-12]

Your adviser must be really good, I hope it's okay to inquire if you're still collaborating with the same adviser and how I can get in touch with them?

[@kevinmarten]

She goes by ‘Carol Vivian Constable’’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did

[@Jamessmith-12]

Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.

[@glennnel3570]

An outstanding presentation - Very well done. A big thank you to PBS and the whole production crew for making such topical content available and easy to understand. Initiallly I thought that watching it for an hour and fifty three minutes would be tedious in places but one would would be hard pressed to edit even two minutes from this excellent video.

[@glennnel3570]

@@Hilavaflow Two points to be made in my reply: Firstly, the reporter's mandate is not to comment on the risk management, or lack thereof, of the average American retirement savings. The subject is Easy Money at the federal level, not risk-reward evaluation at the personal level. Secondly, retirement saving plans are managed either by inexperienced individuals who often react irrationally, to their detriment, or by seasoned professional managers of group accounts who have educated insight into the vagaries of stock and debt markets. Grandmother's 401k or IRA should be heavily weighted towards short/medium term CIDs, annuities and their ilk, which are currently showing superlative income streams, and, if already acquired, will continue to do so regardless of future equities volatility.

[@nellosnook4454]

1. The very last spoken words in this video are the most instructive: 2. “This is a political problem.” 3. I totally agree. 4. I know which one of the two political ideologies I voted for in 2020. 5. Which one did you vote for?

[@samho9318]

​@Glenn Nel Your point of view pretty interesting and I definitely take note for future reference. Thank you !

[@userzed]

​@@Hilavaflow one of the interviewees mentions this exact point. the question is can the Fed continue to create money and bail out all market participants......while the political establishment remains on a perpetual deadlock.

[@alexr3526]

Woth all due respect... This documentary does not exactly explains why Cali banks went down, not enough deposits? had to sell off treasure bonds?.. why there are not the NY banks asking for help?... how did the bank mismanaged their funds? Is bank going to restruct customers having the ability to have access to theor own funds? As it has happened in other world areas Another point Besides the 3 to 4 % increase on unemployment which PBS already had reported the feds from misrepresenting statistical data.. means what? Am I going to loose my job? loose my car? mu house? because interest rates are going up? Are they backing people's hard earn money or if the banck declares bankruptcy we all loose our savings? Is this "save up" going to cause other banks to request funds from the FEDS Should i remove all my money from my bank? Yeah... this doc is all good... years after this issue has been solved... But this happened 2 days ago and what is the advise for the regular person? If you could answer please let me know.. Thanks

[@SW20FL]

Bravo! This documentary needs to be shared and shared and shared. I've had many discussions about events, but *almost always* the discussions come to a brick wall because of a lack of understanding of the financial system. I would argue that *most of the problems* we face today (inequality, fight for higher wage, advocating for socialism, homelessness, opioid epidemic, rising price, a distaste for wealthy people, you name it) are a direct result of the monetary policy since 2008...this really started with Alan Greenspan black Monday 1987, but exploded after 2008. Yes, we've had these problems in the past, but *not to this extent*

[@JezebelIsHongry]

1987 But yes…our current everything bubble started with the 1987 Greenspan Put. And the Achilles heel of the current fed is that they don’t know 30% of the labor force participate in the gig economy. Powell wasn’t even sure what that was when asked last week by a Congress person.

[@elongatedpikachu4029]

Could it be argued that all this nonsense started when the US went off the gold standard in 1971?

[@freddybenelli9100]

@@elongatedpikachu4029 Going off the gold standard was a symptom of the problems that had been in place since Breton-Woods in 1946. If you want to go down a monetary history rabbit hole, look up Eurodollar University with Jeff Snider and Erik Townsend Tl;dr facilitating global trade is complicated, and international banking entities attempting to facilitate this system end up accidentally building exceedingly complex and fragile systems.

[@SW20FL]

@@JezebelIsHongry Ahh shoot. You are correct. Brain fart today. Just corrected.

[@SW20FL]

@@elongatedpikachu4029 Yes. I would agree that was the true beginning. What a short sighted decision. 52 years is a long time, but still short enough for one to experience the who thing from start to where we are at in their lifetime.

[@tylerkeller8869]

I LOOOOOVE FRONTLINE!!!!! THANK YOU SO MUCH PBS AND IT'S DONORS!

[@Rays_Bad_Decisions]

We were deflationary in Trump's last 6 months. 90% of all money was created in Bidens first 6 months. Biden stopped domestic energy production our largest exports They are destroying the dollar and the economy for the great reset and digital currency. "You will own nothing and be happy" The Dixie Democrats hate you. It should be obvious at this point

[@jaynesaysz]

you are human which is the brilliance. live, love, learn, hate, discover, judge, and be thankful you are a person who chooses to watch things such as this that drives you to make what may be anti popular comments. you're doing it right.

[@aquicktake]

Absolutely brilliant reporting as expected from Frontline. Timely, pertinent, and impactful.

[@Katwoman4318]

The floor is dropping from under us! My interpretation. Yikes!

[@tuckerbugeater]

@@Katwoman4318 propaganda

[@Avogadros_number]

@@andred3299 your far right bias just doesn’t like to be presented with facts

[@nellosnook4454]

1. The very last spoken words in this video are the most instructive: 2. “This is a political problem.” 3. I totally agree. 4. I know which one of the two political ideologies I voted for in 2020. 5. Which one did you vote for?

[@nellosnook4454]

@@andred3299 1. Political ideologies and the democratic process are primary. 2. Assuming we have ballot & tallying integrity, We The People vote for our political leadership. 3. Who in turn, set policies & appoint department heads. 4. It isn’t about perfection. 5. It’s about preference. 6. I prefer the political ideology that best provides a more prosperous & secure standard of life for the most people. 7. When our political leadership fails in these critical areas, we must hold them accountable. 8. It’s the only way to remedy the situation & change course. 9. Apathy gets us nowhere.

[@alexcarter8807]

I live in Silicon Valley and I'd not touch a bank with Silicon Valley in the name with a 10-foot pole. That name just screams "scam" to me, being familiar with the ethics of this place, which are close to nonexistent. I make less than $20k a year and a lot of people here make less than I do. It's a poor area with a few rich people.

[@richardrandomk]

Very fair and unbiased work. You kept asking the question when you didn't get a real answer, proper journalism. Other people have said it should be mandatory viewing in schools, I agree and I mean around the globe. Well done.

[@Howlingatthemoon6536]

I definitely agree with you about mandatory viewing.😊

[@BEAUTIFULDIANAFRANCIS]

In recent weeks, lnvestors have become concerned that Nvidia has simply come too far, too fast, and they are wondering whether the hectic pace of AI adoption could continue. Nvidia answered that question with a resounding "yes," but given the stock's parabolic gains, blockbuster results simply weren't enough.I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas..

[@ChrisDERUNNER]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience

[@LeslieWagenheim]

Reason I decided to work closely with an brokerage-adviser ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.

[@OliverTilney]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@OliverTilney]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing

[@Michelle_Sanders561]

Looks like we have someone that gets it. Own it don’t trade it. 🖤💚

[@stevenjuan259]

I started buying some more stocks at the beginning of the year, but nothing big. Why am I treating this so harshly? Despite others in my sector earning six figures apiece, I'm driven to become the first person in my polygamous family to reach a million dollars. I am well aware of the costs associated with working more to get more money.

[@josephlee4001]

The top experts, however, have access to confidential information and data that is not made available to the broader public. Being knowledgeable enough to use them successfully is quite another. Big returns, not changing stochastics, are the key. Rewards and risks must be balanced. To reach your aim, pick the right size and turn your edge as often as necessary.

[@nathanjane7729]

In light of the significant decreases, I'm in need of advice on how to rebuild my portfolio and develop more successful tactics. Where can I find this teacher?

[@emilysmith5287]

my advisor is "jackson sten marsh" , is a highly respected financial consultant in the industry. For further information or to connect with him, a simple online search with his name will suffice. I wish you every success in your endeavors

[@expertjacksonwilliams7368]

my coach is "Jackson sten marsh". is highly qualified and experienced in the financial market.

[@onwugharablessing8264]

He has an impressive profession and impressive qualifications, so I can see why he is so busy. I thus quickly copied Jackson full name and entered it into my browser.

[@solomeo1794]

When people understand the underlying reality of our economy, they understand we've been living in a dream that's about to become an inflationary nightmare.

[@alicewright4322]

it was always a nightmare for poor people - trying to live off the land then dying of cancer from the major industries contaminating the land. when the people who have been getting free money also have to hunt and butcher their own food, they will die. the people whose lives were terrible, it will hardly change a bit, they know how to grow their own food and survive.

[@MellonCollie_28]

@@alicewright4322 Yup... as a socially marginalized person (black trans-woman) the realization of how things are run doesn't affect me in the slightest. I am glad to constantly go through harrowing storms bc these "nightmares" have no impact on my current reality. Ugh!

[@Dan-qp1el]

After watching this i don't feel well.

[@NickBorey]

Your can live and love. Independently on economics. That's the main reason.

[@nexpro6118]

I agree with you. With that said though. I will say that since I was able to purchase a new home in late 2017, that starting in 2021 and then exploding higher in 2022(the massive value rise in homes) that my homes value went up by, 52% in just 5 years. It made it to where I was able to take out, 85k cash in the extra value on my home and pay off all of my debt(excluding my home) which has saved me, 1200 bucks and that's even with my mortgage payment going up by, 687 bucks with taking out that 85k. Now, I can save my family even more money every month now for when the raining day times come. Fortunately, I make 6 figures for myself and my family and with our only bill(besides food and gas and health insurance) being our mortgage payment, I can now set aside, 75% of my take home pay each month. I'd say within the next 5 years, the financial markets will tank and all hell will break loose again. Luckily, I would have been able to save so much in those next 5 years that it won't impact my family at all. Thank God. As it's a man's duty and responsibility to take care of his family. I'm not saying that woman can't do the same. I'm just saying that how can a man call himself a real man if he can't take care of his family.

[@scottjohno.7335]

Thank you for sharing your thoughtful content... for putting it out there with the passion that many of us need and strive for. I'm starting to listen to you almost every morning. Your voice and words are calming, clarifying, uplifting and motivating. It feels real and genuine. I am grateful to have your channel as a source for having a better relationship with myself and the world around me?

[@brightscott596]

The power for creating a better future is contained in the present moment, You create a good future by creating a good present. The key to financial freedom and great wealth is a person's ability to convert earned income into passive income to build generational wealth ,this trick has never failed.

[@jesdelighted7458]

Easy way to build wealth for the next all generation is to consistently invest in trade, and watch them grow?

[@johnsonmercy8810]

Some people are really ignorant of the profitability in Trading. and that has been the major issues limiting their investment?

[@TongriangJames]

Purchasing Bitcoin doesn't always assures winning, the ability to make profit off your capital is what makes you win... Stop relying on the market price to make profit. Choose trading

[@George-gs3um]

trad-ing with mrs Debra Barton , over time will yeild more returns than doing it all at once. Finding a certified advisor who can educate you on how market has been advised if you're just starter. I'm referring all individuals to trade with mrs debra barton,?

[@KLifeSkills]

**Suggested Comments:** "It's great to see such a detailed documentary that helps us better understand the effects of monetary policy on the U.S. economy. Issues like inflation, recession, and the disparity between Wall Street and Main Street are really stories worth thinking about. Thanks to FRONTLINE for providing a comprehensive look at ‘Age of Easy Money.’ It's time we learn from the lessons of economics to make smarter financial decisions! 👏👏

[@davidharpersongs]

Crazy good. What a gift to have this kind of reporting in 2023.

[@heva2337]

This was well done. Understanding for those not familiar with too much technicality.

[@erlingwalter5888]

what amaze me is how quick they were in build and edit everything in just a few days jajajajaja i imagine they were already working in a piece and then, after what happened last week, they used part of it for this jajajajajaja, Still, amazing :)

[@rufuskit9447]

Those not familiar, like democrats?

[@Rays_Bad_Decisions]

We were deflationary in Trump's last 6 months... 90% of all money was created in Bidens first 6 months... This is just a fascist whitewash to protect the Dixie Democrats and keep the uneducated poor people down..

[@vvcv__00]

@@rufuskit9447 STFU already republican, I highly doubt you know what to invest in while rates are hiking.

[@DR-sv8ke]

​@@PaulG.369 And what's their big plan?

[@williamfriel7755]

Excellent summary of how and why we are where we are. Everyone interested in finance and economics should watch this.

[@fritztopher]

Biden spend 2 trillion then blames Putin

[@brutonano9521]

Agreed.

[@aaronmichaels807]

This was a very comprehensive documentary, very detailed, very well put together, only PBS can do such balanced material with character.

[@companyoflosers]

its only an age of easy money for those who already have it. For most of us the days of working your ass off and getting rich, are over. Now its all about who you know and what you can convince them to do for you.

[@Guppusmaximus]

It's ALWAYS been about who you know and favors. The problem here is we still present gambling (the market), which is swayed by supposed prediction (info or misinfo / whispers), as the "economy" AND we have a government constantly diluting our "currency" by printing off I.O.U.'s like coupons from the internet.

[@helicoptersinvolcano]

It's never really been about just working your ass off to get ahead. What's more important is the value of your work. 10 guys loading boxes into a truck may be working very hard, but one guy using a forklift and getting done in 1/2 the time is adding more value.

[@SisyphusJP]

Free money went to the top, the equity and real estate Hodlers. Wage workers got screwed…..

[@TheAngryPatriot]

Im not buying that, everyone is having a meltdown like this hasnt happened before

[@Ethan_Coble]

Probably one of the best economic documentaries I've seen to date. It's unfortunate that the middle and lower class are going to always be the ones stuck footing the bill. My generation, graduating college right now, are going to be stuck cleaning up the mess that's been made.

[@DRKBRANDON01]

lower class never 'foots the bill', they pay very little to nothing in income tax.

[@Todd4America]

@@DRKBRANDON01 liar

[@HevaNaisdey]

Every previous generation has a mess they had to clean up.

[@XrpIambo]

​@@DRKBRANDON01 They pay, regardless of what it's called. In this case, they pay via inflation tax.

[@chriscrowley7813]

Everyone will pay who's living. Government is the number 1 cause of death.

[@Rochelletrem]

The news media are currently being inundated with economic meltdown news. It takes a lot to look past the sea of ​​headlines and focus on what's important: No matter how low stock prices fall, they keep rising. I completely ignore all news and continue to invest. I recently set aside $40,000 to invest in the market as we anticipate a collapse. Do you have any suggestions?

[@jeffery_Automotive]

The market will continue to fall, so I recommend you do a fundamental and technical analysis of the stocks of the companies you want to buy and their data forecasts for the next few years. Better yet, you could have an investment advisor help you restructure your entire portfolio and balance the bad apples you're holding. This strategy has worked for me so far, saved me a lot of stress, and is also very time efficient.

[@theresahv]

I completely agree, which is why I prefer to delegate daily decision-making to an investment adviser. It is difficult for them to underperform given their specialized knowledge and research, as well as the fact that every one of their abilities is geared toward utilizing risk for its asymmetrical potential, and mitigating risk of capital loss. I've been working with an investment advisėr for over two years, and have made over a quarter million dollar. It's really beneficial.

[@berkrix4312]

@@theresahv I'm glad I stumbled across this discussion. If you don't mind, could you tell me how to reach this investment adviser who helps you with your investments?

[@theresahv]

My financial consultant is Julie Anne Hoover whom I reached out to after finding her on a CNBC interview where she was the guest speaker. She's provided entry and exit points for the stocks I primarily focus o

[@berkrix4312]

@@theresahv Thank you. I just checked her out on the web browser, She seems really proficient. I'll follow up with an email. Thanks for the lead.

[@HaAuthor]

"This is exactly the content I was looking for; it’s so helpful!"

[@dennisshongi199]

Another PBS Frontline masterpiece. Thank you!

[@Rays_Bad_Decisions]

We were deflationary in Trump's last 6 months... 90% of all money was created in Bidens first 6 months... This is by design to push forward the great reset and digital currency They want to destroy the middle class and adopt a Chinese style of feudalism

[@bhbluebird]

Accuracy, depth and fairness -- must be a Frontline documentary. They have real journalists and they talk to people on both sides of an issue.

[@МишаХопин]

That’s exactly what’s needed 4 things work it the way it suppose 2. But not many knew nor understand what it is we talking about 4EVER now

[@tariqtensuan9455]

Simply one of the best 2 hour documentaries about recent economics and finance!

[@vytallicaq.6881]

Check out the best one about the ENTIRE history of central banks. The Money Masters.

[@programking655]

It’s a rather stupid documentary

[@titanmvmt]

So insightful. Must watch and maybe rewatch

[@texantraveler8884]

This is one of the best documentaries I’ve seen in my entire life! Great journalism! Informative and scary at the same time. Hope it gets nominated for some award.

[@amythiel3620]

Agree

[@scottdorsey8220]

Are you ready for the calamity ahead? CBDCs are queued. Freedom will be a thing of the past.

[@alextkhou]

This was such a good documentary. Well done PBS Frontline for the informative content!

[@HOTVIVEK14DEC]

Superb... this is what we expect from a channel so big like you ... a very detailed and insightful documentary.... Love from India

[@Martins-b3n]

Thank you for recommending Rebecca Jin financials on one of your videos. I reached out to her and investing with her has been amazing.

[@MohamedAli-dx2fp]

This page is a gift. Getting such content being freely available is a rare thing these days. It is upto date and addresses the current situation of the financial markets and how we arrived here. Thanka guys

[@NorthStarPNW]

It is not really free. They don't charge but it costs a lot to produce, and we don't get this unbiased coverage anywhere else. Everyone should chip-in a few bucks to PBS.

[@M123Xoxo]

@@NorthStarPNW Everyone already does chip in a few bucks. PBS is taxpayer funded.

[@starttofinishmediaco.2520]

this is an incredible film. thanks for putting it out for free. it's genuinely scary times right now.

[@PatriotGinj]

That should be a red flag to you

[@RicardoGarcia-uw6cr]

When the mainstream media finally starts admitting some Of the truth you know they are ready to destroy the current order … the Great Reset coming to a city near you..

[@johngill2853]

It's always a scary time. You get used to it

[@Moodboard39]

Biden let's more migrant lol who going to support these people ?

[@solarman6648]

fantastic documentary. I can tell a lot of work, editing, preparation, budgeting..etc...went into this. Thank you and bravo on such a well made documentary.

[@scottdorsey8220]

A nice piece to perhaps shed some light on the shady financial industry and our economy. It can't adequately prepare us for what's coming ahead.