Inflation, Europe's energy crisis, and the Fed with Richard Wolff | The Chris Hedges Report

[@Richardcarlett]

Today's inflation is a result of corporate avarice, not only problems with the supply chain. We know that the money obtained by the higher prices isn't being transmitted along the supply chain since businesses are reporting record profits. More pricing result in increased revenue for businesses, which stays with them and goes into their pockets. We can rule out supply-related inflation because of this. If your stocks are extremely weak, now is an excellent opportunity to take a battered 401k and convert it to a Roth. Then, your Roth will be tax-free, and you will just have to pay taxes on the substantially reduced current values.

[@HarrietBemish]

Precisely! The current scenario should be our primary concern; many people are making millions from the downturn in the market, but this kind of information isn't reported in the press

[@theresahv]

You are right! I diversified my $500K portfolio across various market with the guidance of an investment coach, I have been able to generate a little bit above $1m in net profit across high dividend yield stocks, ETF and equity during this red season in the market But the truth is that you cannot do that without a tested trading strategy

[@philipr1759]

@@theresahv My portfolio has been in the gutter for the entire year, so I started researching new ways to profit in the market, but everything I tried just seemed to miss the mark. Please let us know the name of your financial advisor.

[@theresahv]

@@philipr1759 It was run by Julie Anne Hoover, who I learned about and got in touch with thanks to a CNBC interview. Since then, it has served as the point of entry and departure for the games we have emphasized. A search on the internet can be done if tracking is necessary.

[@philipr1759]

@@theresahv I just copied and pasted Julie’s whole name into my browser, and her website appeared right away. You've saved me several hours of arduous research, therefore I appreciate it.

[@Riggsnic_co]

Some 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, defined 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.

[@hermanramos7092]

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

[@lipglosskitten2610]

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

[@bob.weaver72]

Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns

[@hermanramos7092]

@@bob.weaver72 How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?

[@bob.weaver72]

@@hermanramos7092 Big Credits to ''Catherine Morrison Evans'' she has a web presence, so you can simply search for, there are some others but it might be difficult to get them, but Catherine has been a good guide through the year.

[@Raymondjohn2]

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.

[@bob.weaver72]

I can’t focus on the long run when I should be retiring in 3years, you see I’ve got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?

[@martingiavarini]

There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts

[@hermanramos7092]

I agree, my profit has been consistent no matter the market situation, I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from an investment adviser that was recommended by a popular economist on a subreddit, long story short, its been 2years now and I’ve gained over $850k following guidance from my investment adviser.

[@bob.weaver72]

I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you

[@hermanramos7092]

Definitely! All of this happened in less than a year after Catherine Morrison Evans told me what to do. I started with less than $100,000, and now I'm about 17,000 short of having a quarter million dollars.

[@cheri238]

Mr. Chis Hedges and Professor Richard Wolff together, exposes the vain, flippant, obscene, unscrupulous, dishonesty, as is in the contradictory that is government. There is always an inexhaustible supply of knowledge , brilliance of mind, thoughtful, and dang, they tell the truth. That is what is so refreshing. Thank you both always.❤️💯

[@rogersmith7396]

They are talking about human nature. The seven deadly sins. Our grandparents knew all too well about this. Later generations are too busy pushing buttons on their phones to learn.

[@marywest6844]

I have heard the quote. You cannot put an old head on young shoulders.

[@Aikidoman06]

No, they are clowns pushing a narrative

[@cheri238]

@@Aikidoman06 Have you ever kissed a frog and it turned into a prince or a princess? Reality check, these are two men I have great admiration for because of their intelligence and explaining truths simply to our American people so one may grow up, if possibly one day . Now arguably we may agree to disagree which accordingly is fine by me . I also would like to respond by sending you a Happy Holidays Greetings for 2022. Thank you for bringing your attention to my words though. 🎄🎅🎄

[@Aikidoman06]

@@cheri238 thank you that was very civil and happy holidays to you and yours. These guys have an agenda to push Marxist nonsense. Wolff has been wrong as many times as he’s made predictions. Chris is guys as media guy. The American system goes through corrections from time to time. Generally it’s bad policy at home such as we are experiencing now, or issues abroad. They neglected to mention that capo has raised more of the world out of poverty than any other mechanism. They also ignore that Marxism has caused more poverty and death than any economic system ever.

[@GillerHeston]

We are already in the big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.

[@rogerwheelers4322]

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

[@joshbarney114]

You are right! I diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.3m in net profit across high dividend yield stocks, ETF and bonds during this red season.

[@FabioOdelega876]

@@joshbarney114 I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them? It Intrigues me to keep learning

[@joshbarney114]

@@FabioOdelega876 My Financial adviser is ‘’Colleen Janie Towe’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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.

[@FabioOdelega876]

@@joshbarney114 Insightful...I curiously looked up her name on the internet and I found her site, She seems proficient considering her resume, thanks for sharing.

[@andrew.alonzo]

The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[@Believer292]

Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?

[@james.atkins88]

Well I recommend you make a diversification plan because it's been harder to build a good stocksportfolio since COVID. My colleague suggested I hire a brokerage Adviser, and I've actually made over $150k with their help during last market Upheavel. They used defensive strategies to protect my portfolio and make profits despite the ups and downs.

[@rebecca_burns14]

@@james.atkins88 Would you be open to sharing details about the advisor who provided assistance to you?

[@hunter-bourke21]

After conducting an online search of her name, her website quickly surfaced, piquing my curiosity. The initial impression is positive and I intend to arrange a call with her. I'll make sure to provide you with updates on how it goes. Thank you.

[@darnellcapriccioso]

BRICS seeks to create a new currency, considering gold's historical role as a store of value and medium of exchange. However, the functionality and acceptance of a gold-backed currency in the current global financial system are uncertain. Creating a new currency requires careful consideration of economic, political, and logistical factors.

[@richardhudson1243]

The discussions and proposals surrounding BRICS nations' potential use of gold are intriguing. People choose to buy gold for various reasons, such as its historical role as a store of value and medium of exchange, its potential as a hedge against inflation or currency devaluation, and its relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolios due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance, and financial situation before deciding.

[@tatianastarcic]

I find gold investment reliable and aim to buy more to recover losses. Silver is also a good investment but differs from my collectibles. Clear investment goals and education are crucial. I work with Laurel Dell Sroufe, a SEC-regulated financial consultant. Starting with modest investments, I accumulated nearly $799k over time.

[@maiadazz]

@@tatianastarcic How can i reach her, because I’m seeking for a more effective investment approach on my saving.

[@tatianastarcic]

@@maiadazz Laurel Dell Sroufe maintains an online presence that can be easily found through a simple search of her name on the internet.

[@casienwhey]

I'm conservative and don't agree with a lot of the views expressed but have to say how impressed I was with this interview. Both the host and guest were intelligent and well-spoken. I really liked the format in which Chris would ask a question and then let his guest answer uninterrupted without doing a lot of "uh-hms" or "rights." He just listened politely and let him speak. I wish all interviews were done this well. Great job to both participants.

[@helengarrett6378]

So if you understand, truly comprehend what was said, why are you conservative? What's conservative policy?

[@gfscfinance8866]

I am not sure what conservatism has to do with this. I would recommend all of us to avoid these labels....

[@thomaswayne1852]

Well articulated, my friend. I happen to agree with both the interviewer and the guest. That said, I quite appreciate your civility and sentiment. We should be able to disagree and debate politely, as you've demonstrated here. Best wishes.

[@pogworth]

@@helengarrett6378Surely you know the chief criticisms of your own economic views and can “steelman” the best opposing arguments. Doesn’t mean you hold those views, only that you can understand them thoroughly and are still satisfied your own are superior.

[@briandinicola1509]

I share your view. Now Chris should interview someone who can defend the Ludwig von Mises point of view in the same manner.

[@bcadams75]

This nation needs more of you both!

[@rioyoman]

The whole world!

[@paulbatalien3254]

@@rioyoman I need y4 and the ymjlik KK King he h

[@tonywilson4713]

I'm Australian this is *NOT* and American problem its an EVERYWHERE problem. Go look at the news from Britain or Europe. We are at the end of an economic era its happened 2 times in the last century - the Great Depression and the Stagflation & Energy crisis of the 1970s. What's different this time is we should have had a reset after the 2008 GFC except we bailed out the billionaires. *14 years later we are reaping the effects of that failure.*

[@lastgooddeeds]

​@@paulbatalien3254

[@moniqueboyke5879]

Great video Chris Hedges, with professor Richard Wolff

[@velviemckenzie6473]

Nixon wage freeze without freezing the price of goods caused a great deal of harm for the working folks. Everything else continued to raise in price while wages stayed flat. If we are going to freeze wages they must freeze the price of items sold. People are tired of making less and less while businesses record record breaking profits.

[@jonathantrautman]

Thank you from the bottom of my heart to both Chris Hedges and prof Wolff, and all who make the show possible. Thank you for fighting the good fight and speaking truth to power so often as you have. You have not sold us out

[@ruthpittman4079]

I wish we could have local TRNN channels in every US community. None of us know what is going on in our own communities because we don’t have real local journalists.

[@badomaji]

That’s a big help to those who want their actions hidden. Same here - the paper got smaller and smaller with less and less local journalists. Many reprints from other print sources. You could almost see that what got through to print had gone through a gauntlet of corporate advertisers searching for anything they may find a threat to their bottom lines.

[@LTXsp]

All they do is weather and fluff pieces.

[@paulheydarian1281]

@@LTXsp They want you to become and remain a braindead, consumer drone.

[@carpediem44]

@@LTXsp... and copaganda.

[@russiatellsonlytruth373]

@@badomaji The reality is that papers relied upon advertising for much of their revenue. When advertisers spend their money elsewhere papers couldn’t make money and started radically cutting back on staff, closing bureaus, reducing the number of articles published, merging, and later ceasing operations.

[@patriotPatriot-mf1cb]

You are second to none always truthful accurate and honest

[@mauriziomoretti5392]

These two gentlemen are currently the best thinkers you have there in US. So lucid, so stringently logical and simple, and so much on the Working Class side. Keep them safe. Greetings from (the looming) Europe. Ps: and keep your few true journalists safer: Matt Taibbi, Max Blumenthal, Aaron Maté, Glenn Greenwald, Katie Harper

[@sf3testvids]

Agree, from the uk and watch these guys more than the available "left" media we have here

[@kyron42]

LOL Stephanie Kelton and Fadhel Kaboub are much better when it comes to economics. Obviously the way to deal with inflation is spending a lot of money to increase productive capacity.

[@Aikidoman06]

No sir, they have an agenda and they are so wrong it’s ridiculous.

[@finddeniro]

General Patton.." .if everybody is Thinking alike.. Then NOBODY is Thinking.."

[@Aikidoman06]

@@kyron42 it depends on what’s driving inflation

[@jaydunstan1618]

Wonderful analysis. Thank you both.

[@helengarrett6378]

I wrote about stagflation months ago. I lived through it. It was very difficult. No, it was simply awful! I was a child during rationing. I remember that too. All this makes great good sense. But our legislators aren't even considering any of this. They are in deep debt to their campaign donors not to the people who elected them. We need to change that. We have work to do. You know how to do it. Marches, letters, emails, petitions, phone calls, unions and face to face confrontations with legislators and picketing grocers, corporations, etc. ORGANIZE!

[@donklee3514]

So have I. I lost 3 quarters of my net worth to stagflation. Had to close three marginal businesses.

[@cheri238]

THANK YOU , HARRIET❤️

[@laszlonemet4425]

Reduce your needs!/footprint!

[@donklee3514]

@@laszlonemet4425 Yep, don't take on new debt and try and pay off old. Buy as little as possible. Keep it simple. 22% to 24 % mortgage interest was not a catastrophe it became an opportunity to get a great return with low risk. Even t-bills. IMHO we are heading to 12% this time unless the fed pivots early. then 22% to 24% will become a reality. Celebrate good times come on.

[@helengarrett6378]

All of the advice in the comments below are just plain stupid. I already am poor. My working class family for three generations strugbled to get a leg up in this rich country. You see, this is a rich country for the privileged not for the huge number of salaried workers who can never make ends meet and are guaranteed to stay that way. Why, you ask? Well because the purpose of every single business in a capitalist system is to make profit. The more profit the better. Salaries are always going to be held down to make the employer more profit. It's the system. Most people cannot beat the system. You need money to make money. We live in an advanced kind of economic serfdom. We'll, actually, we live in an entirely feudal system in a way. Some are privileged and live lives we cannot conceive except that we see it on television. They are the employers, the 1%. If someone is born into a class where opportunity is available to start a business or gain a skill it is possible to live above the poverty or near poverty line. But that isn't for everyone. How many brilliant people never had a chance to advance? I know quite a few. Those of us who had no financial and class headstart can compete with every other similarly unendowed person for a very few scholarships. It's not possible for every person to pull themselves up by their bootstraps. So there is a guaranteed class that always is at bottom and can't get out if the class to which we we're born. And there are a whole lot if us. Oh, how about the middle class? Yep, there is one but it's shrinking. The system wobbles. Every so often there is a bubble, a recession, an inflation or a war that pulls the rug from beneath the middle class. Each generation after the end of WWII has been less secure and fewer people have been able to participate in the "American Dream." The middle class is not only not growing it is diminishing. Those of us who did all the right things and still at the end of our life live in abject poverty, barely eating and paying high rents to wealthy corporate elites don't appreciate throwaway comments not backed by facts. In fact, it makes us want to organize to change system.

[@cev12]

What a great combination: Chris Hedges and Richard Wolff

[@testtest2609]

What?!!!! This is blowing my mind. I'm having an overdose lol. 😂

[@marw1920]

TRNN hypocrisy .. while they promote Hedges for profit, they ban and censor his best authored work. When Hedges quotes are contextualized in comment, admins delete them. This is not shadow banning but verified censorship on TRNN"s part. “History has amply demonstrated where this will end up. The continued exploitation by an unchecked elite, and the rising levels of poverty and insecurity, will unleash a legitimate rage among the desperate .. They will seek not reform but destruction of a system that has betrayed them.” - Chris Hedges

[@Aikidoman06]

Like dumb and dumber

[@Aikidoman06]

@@Tom-ct1rr there’s a global shift that’s being ignored and your right. The YS and Mexico will have a strong financial future. China is starting to implode; the real estate market is in free fall, the currency is grossly over valued, Covid lock downs and a lack of a working vaccine is about to devastate their very inadequate healthcare system. The riots are the beginning of the end of Xi and his one man show. He’s killed the messenger so many times no one will tell him what’s actually happening with the country. And Wolff wants to taut China as a world power and example of what the US should do? What an idiot

[@a.d.3606]

Two old, straight, white men yapping to each other. This somehow is a great combination?

[@POLISHAMERICANLEGIONS]

I am Polish American us and polish Patriot 35 years in Washington DC and I do agree with you 100% professor

[@reverenceforall]

We need more people like these two gentlemen.

[@paulheydarian1281]

Why?🤔

[@eaglewing1415]

Wolff has no clue. To follow him is misguided and foolish. He is wrong on inflation.

[@jameshines9253]

Lol

[@claudenobles779]

Chris .... Your gaslighting is cowardly... Humans will be clod sarving

[@badgerden7080]

Because they are two men who educate people about the gigantic fleecing that the elites are doing to the common man. Anyone who thinks we aren't getting robbed is insane. They are playing us like fiddles.

[@SuperDflower]

Come on people, you’ve gotta like these videos. He only has 47 likes. This is criminal. This man is a national treasure

[@adamhbrennan]

Over 1k less than an hour later…

[@raynchk]

@the proof is out there I think we ARE in serious trouble

[@cheri238]

HALLELUJAH, I am listening and all of you are also. Thank you. HAPPY HOLIDAYS 2022.🌲⛄️🌲❤️ Pass it on.THANKS

[@RussCR5187]

@the proof is out there In my opinion, voting doesn't work any more. ‘‘I don’t care who does the electing as long as I get to do the nominating" -- William "Boss" Tweed, corrupt NYC politician (who eventually died in jail). And that's exactly what's happening. In both of the major parties.

[@khunmikeon858]

Up to 3k 21 hours later 👍

[@tZydeco]

Loves me some Mr. Hedges and Dr Wolff That said, Chris Hedges' microphone is excellent. I wish all my favorite media sources used the same.

[@gauravpawar7146]

I highly revere Richard and Chris duo very much.

[@KingOFuh]

Thank you for keeping the volume so LOW. I understand. Someone may actually HEAR this wisdom and we can't have THAT, now can we?

[@jocosus3]

Two of my favorite human beings

[@fredk9999]

Really glad I rediscovered Chris Hedges. Like your topic choices and selection of guests. You always teach us a lot

[@jupitercyclops6521]

The one market that touches almost all markets is fuel prices. The cei could raise the price of yohois 10× and it wouldn't cause inflation. Price of Gass goes up & it affects everyone in 1 way or another

[@peterjol]

I was buying a house and living ok on £60 a week 45 years ago...and the ONLY reason I have ever needed or fought for any more money is inflation. A lifetime of having to fight for more money just to try and keep up with inflation...never actually getting anywhere...like a dog chasing it's tale.

[@arizonanative7409]

I feel that. Most of us can relate!

[@peterjenner5431]

That's right I worked so hard when I was younger when we were getting $2 an hour

[@oregonsbragia]

I wish I could buy a house.

[@cosmicmusicreynolds3266]

control prices

[@nochepatada]

Workers: you're sending Prof Wolff? Marcellus Wallace: feel better? Workers: hell yeah, that's all you had to say!

[@Liberty-rn4wy]

He's got your ration cards for you.

[@nochepatada]

@@Liberty-rn4wy shouldn't you and Steve Bannon be doing some mindfulness breathing exercises? Mindfulness? Is that another way of saying you're a "bottom?"

[@joe197301]

Always looking forward to listen to the both of your opinions on this decline

[@Papawcanner]

What my daddy always said , “son the system is based on theft” .

[@paulheydarian1281]

Slavery (theft of labor) was outlawed, so the ownership class had to resort to more creative methods.

[@CourtTV.]

@@paulheydarian1281 it wasn't outlawed. Indentured servitude wasn't either. After whites were indentured servants a 9 to five became the latest form of indentured servicetry.

[@marywest6844]

@@mischevious There must be some way to think outside the box, people being boxed into. ? I can understand how people are roped into following a particular system, but piece by piece I would try and cut costs, increase income.

[@Aikidoman06]

Your father was a fool. Probably a looser who never achieved anything and blamed it on “the man.”

[@rupertbaresall4047]

And my grandfather used to say "everything is a business model."

[@christopherjordan2890]

The best channel on KZbin! If only the news was this good at their job!

[@thomaskirkpatrick1134]

Wolff is Wonderful!! Chris is Crucial!

[@Aikidoman06]

Both are wrong

[@danielwest2186]

Chris Your speeches are as crystal clear and flowing as a rare unpolluted waterfall in Yellowstone.

[@matthewspears3786]

Michael Hudson is another great resource. In the early 70s he very accurately described the Financial Colonialism of the US, to the point that CIA agents read it to learn what to do better. Financialism has made the US deindustrialize as it's been more profitable for major corporations to outsource and play with debt. He now says we're in the late stages of financialism; every society based on it, including Ancient Greece, eventually collapses because it requires an endless new supply of new victims. Russia committed the unpardonable sin of standing up for its own interest.

[@richardgraham7055]

GFW Hegel, The Philosophy of History, “What experience and history teaches us is that people and governments have never learned anything from history, or acted on principles deduced from it.” Franklin Delano Roosevelt (FDR), 1936: ‘We had to struggle with the old enemies of peace - business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering.’ "Financialism" is used to create and excuse the various Ponzi financial bubbles. This parallels the US claim of superiority, of the 'indispensable nation'. Any mixed government-private business economy, like Europe, is an existential enemy of these claims. Franklin Delano Roosevelt (FDR), 1936: "They had begun to consider the Government of the United States as a mere appendage to their own affairs. We know now that Government by organized money is just as dangerous as Government by organized mob. Never before in all our history have these forces been so united against one candidate as they stand today. They are unanimous in their hate for me - and I welcome their hatred."

[@BernieHolland-w4l]

@@richardgraham7055 Bring back Glass-Steagall

[@marleybot9848]

Plus Hudson worked for a big bank and knows the dirty details.

[@dylannaenzo9737]

Michael Hudson is the GOAT.

[@matthewspears3786]

@@ultravistasg Wolfe says some good things, but yeah I feel he tries too hard and oversimplifies in a way that feels like he's talking down to people. Michael Hudson just tries to explain without as much ego.

[@TheEricrya]

Thank you for this!

[@glengrant3884]

WOLFF IS BOSS!! THANKS👍REGARDS FROM AUSTRALIA!!🤍💙❤💥

[@berthitaricher8174]

Plain and simple, reasons for inflation well explained, even more condensed: inflation= greed

[@Krill_all_health_insuranceCEOs]

Almost always does

[@Krill_all_health_insuranceCEOs]

@brucewilds7102 you are exactly wrong. Links to follow

[@Krill_all_health_insuranceCEOs]

@brucewilds7102 kzbin.info/www/bejne/jXukonWJqZV7nMU Please feel free to share any objections or comments but only after you've watched it all the way through

[@viperswhip]

greed, corruption, incompetence, and idiocy. I have always thought this and have no education on this matter.

[@vogue43]

Leftist clap-trap for idiots is all that was.

[@vitamind6355]

Thank you. First time I’ve understood where inflation stems from and how Hit ler came to power and the propensity of us (the voting public) to look for a similarly opportunistic politician to ‘save’ us.

[@paulmentzer7658]

By the time Hitler was even close to power, Inflation had been defeated for over five years. In fact Hitler resorted to Inflation to get the German economy out of the deflation tied in with the Great Depression.

[@nolitetebastardescarborund9761]

USAmericans are hero worshipers, waiting for the messiah. I was appalled at the reaction among my "lefty" friends at Obama's candidacy. He was going to " save" us. Trump was awful, but imagine what Hillary would have been. OMG!

[@finddeniro]

Subsided Children..Hit ler did too...to support Army.. Quite a Mixed bag of Challenges..

[@finddeniro]

Glenn Beck had talk about George Soros people Told him the Ship has Sailed.. BRICS . Economic Block .. USA may have to go it ALONE.. Inflation. Fuel Prices..Housing..Medical..Education.The Stars are Crossing..

[@Mike-B.]

Very important interview, excellent discussion!

[@julieannmyers8714]

Thank you, Chris & Richard!

[@JosephDuvernay]

Mr. Chris Hedges and his guests, as here, and thank You heroes! surely as any looker, thinker - of all the falderal from unfortunate media the public, the people are subjected to looking upon, along with little if at all equal, mostly unequal government - are to be appreciated!

[@GrandmaCathy]

Two if my favorites in one interview!! Merry Christmas to me!!

[@bascogolfer5210]

Great interview. Great journalist and Great economist. Thank you

[@iller3]

A lot of it is also *Artificial* _Scarcity_ ...created in exactly the same way they manufacture "consent"

[@donaldstraub2170]

Excellent interview!

[@mp7161]

Thank you for the interview

[@jakethemistakeRulez]

Chris Hedges is a great interviewer. He facilitates and doesn't really try to talk over the other person or take control of the conversation too much.

[@DiarmuidNZ]

That was excellent chaps: much appreciated.

[@jvs333]

Mr. Hedges you along with Jeffery Sachs, Scott Ritter, Col Douglas MacGregor, Brian Berletic, Richard Wolfe, Alex Krainer, Martin Jacques, and a couple others are the most educational informative you tube channels. Never a disappointment thank you

[@Meowbay]

Don't forget the Grayzone. Max Blumenthal and Aaron Maté are among the most extensive journalists this planet has ever known. Also, Matt Taibbi needs to be mentioned.

[@jvs333]

@@Meowbay yes that’s why I said “and others”.

[@easypeasy2991]

Always learning something from these two… thanks!

[@cheri238]

ABSOLUTELY 💯

[@TodaTruth]

I can listen 🎧 hours 😊

[@cheri238]

@@TodaTruth Good for you!💞

[@livondiramerian6999]

Inflation means that the economy isn't working in the right way because it's based on greed. Greed creates injustice but greed eventually destroys the greedy, so it's better not to be greedy for the sake of all humanity & the environment.

[@jimcarrington6744]

Remember when Eisenhower was president & we taxed the wealthiest? Remember when Americans valued equality, honesty & respect? 40+ years of trickle down economics by both red & blue, has brought us close to extinction. Lobbyists belong in prison. Our elderly & disabled should be housed immediately & SSI tripled. No other method tested, improves the economy better than raising SSI. ALL of our troubles come from trickle down economics. We MUST give to the poor & take from the wealthy, or we are all doomed.

[@livondiramerian6999]

Marvelous, they should be placed in rehabilitation centers.

[@Aikidoman06]

No. The inflation we are experiencing in the US is a direct result of bad Biden policy.

[@jimcarrington6744]

@@Aikidoman06 I would ask for details or an explanation, but I know better. Just pull your head out, kiddo!

[@Aikidoman06]

@@jimcarrington6744 Covid supply chain issues are hardly a part of the current US inflation, but a part nevertheless. Biden kick started inflation on day one by shutting down oil exploration on all federal lands and costal waters, this accounts for a significant portion. To follow that Biden and his congress pushed two multi trillion dollar bills through that are 90% blind spending bills with little to no effect on either Covid recover and inflation reduction. The last being the most laughable of all- 13 trillion dollars to reduce inflation- it actually contributes to inflation. Open borders is causing more government spending which is being diverted from dozens of programs and intuitions to hide the spending, and its taking low and unskilled jobs while pushing wages down. So if that wasn’t bad enough Biden decide to buy gas from Russia paying a premium, and then Venezuela. He then sold US oil to China at a loss, and the icing on the cake he go a page from Obama’s book and raided the strategic oil reserve to push pff egg ices down - all of which is government spending and driving inflation. There’s more, but you get the point.

[@MrDbroto]

Japan does have inflation. Don’t let the stagnation of salaries, the dropping salaries for new hires, and the push to hiring part time labor at lower pay rates fool you! There have been 10,000s of items whose prices went up 5-20% over the last few months. Japan is not an economic island-goods are exported and imported. The 15% drop of the yen and the inflation overseas guarantees increased costs. And it’s happening

[@tjaaw]

my two favorite minds together, awesome.

[@falsificationism]

Unrelatedly: Rick Wolff looking fit and youthful as hell in this discussion. Really looks like he's been eating more veggies and working out a little. 🥦💪🏽

[@lukeolson5177]

It's all the CrossFit and HGH that he does

[@falsificationism]

@@lukeolson5177 When Rick steps onto that Olympic platform for power cleans the entire weight room cries WOOOOOOLLLLFFFFFF 🤣

[@falsificationism]

Spry. That's the word I'm thinking of. Spry Wolff.

[@novorossian2279]

The willful non-understanding of Russia's cogent reasons for its current military operation in Ukraine have created an endless black tunnel down which the Europeans in particular have entered and continue to travel down. This tunnel is leading ever closer to the economic collapse of these European economies, a collapse it appears they are unlikely to emerge from for at least a generation. Meanwhile, Russia is building toward next year when it is expected it will begin to achieve economic growth once more having recovered in robust fashion from all the western attempts to destroy it economically. This while resolving forever the thorny question of NATO on its doorstep.

[@rogersmith7396]

Putins psychotic ego is no justification for killing Ukrainians to divert attention from his kleptocracy.

[@troutstalker4744]

A big thump up for this 2 fine gentlemen. Very educational.

[@staceycolangelo8940]

8:30 I AM THAT PERSON! During pandemic, people wanted to save money and instead of buying new Vespas, that started fixing old ones and even thought out service department went BOOM, parts suppliers were inconsistent, and a lot of people had to wait a long time… These people would constantly call us, badger us and show up at our office asking when things would be done (which consequently took up enormous time) It got to the point that we hired more people, Just to deal with the surge of people constantly asking “are we there yet? Are we there yet?” With this new influx of service clients, we had thought we hit a gold mine, but it turned out to be a Trojan horse. Before the pandemic, 80% of our clientele were women. While the men were at work, the wives and girlfriends would drop the vehicle off for service and they didn’t have many questions. They would just say “it’s broke, please fix it“ and so we would… when pandemic hit, all the sudden, men had extra time and they would be the ones dropping off their vehicles, but unlike women, they wanted to be more hands-on, ask a bunch of questions, be involved in the repair process, and waste a significant amount of our time to the point we had to hire more people… they also turned out to be highly impatient, aggressive and unreasonable. When things didn’t work out how they wanted it to, the men would thrash out in anger, threaten lawsuits, and show up unnanounced demanding to pick up their vehicles in mid-repair, after we had already ordered ordered expensive parts on their behalf. In short, they were the WORST CLIENTS WE HAD EVER SEEN. People would quit on account of our male customers verbal abuse, andexperienced high turnover so the only option was to raise prices. As it turns out, other businesses (including our part suppliers) were experiencing similar issues and they had to raise their prices too. Which also made us have to increase our prices again. And with all these guys running around trying to get things fixed rather than buy new devices vehicles, that created supply chain shortage. So I disagree with Richard. The supply chain really messed everything up and it was all linked to an influx of male clients not knowing how to coexisting and be good patrons.

[@Krill_all_health_insuranceCEOs]

I appreciate this colorful story but nothing you mentioned disproves anything Dr Wolff has said. In your particular case you had supply chain issues but that is not the usual cause of price increases. The vast majority of price increases AKA inflation is simply caused by various companies who supply services and goods choosing to raise their prices simply because they want to. They just want to- they want to make more profit their business and they're going to try to raise their prices as much and as often as they can. If they think they can get away with it of course they're going to try to raise them. Especially in countries where there are no price controls AKA regulation from the government, like the US.

[@robbieelliot9491]

I think Dr. Wolff over simplified the employers just put up prices.... it seemed at a whim, which he rolled back later. For a small business there are costs, and you need to make some margin of profit/ get paid, exist. If costs go up, there is only so much the business can absorb. This story cuts to ereality. Quality, talking, chasing up supply, ... all adds to costs. Hence the roll on fx.

[@donklee3514]

In my humble opinion, the Nixonian price controls were so successful that the oligarchs had to devise a counter strategy to prevent future use and they were very successful at it. They funded think tanks to take control of economic thought. Thus the rise of Milton Freedman and the Chicago school of economics. Monetarism took over every school teaching economics. “Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced ONLY by a more rapid increase in the quantity of money than in output.” This mind set completely and purposefully excludes all the other causes of general price increases. It absolved the federal government from responsibility and placed all the responsibility on the twelve member banks that form the FED. Price controls were thus effectively neutralized because the only tool the FED has is the FED fund rates. The blunt instrument of using the forces of recession to push down demand and tame inflation. Much to the delight of the oligarchs this method also served to squelched labor rates.

[@jonthomas9708]

Seems to me the monetary factor affects asset prices; items that are not included in the "inflation shopping basket" such as the price of fish. Bond prices, followed by stock prices respond to quantitative easing. House prices respond to low interest rates, followed by private sector money creation via the process of writing mortgages. Prices of consumable goods, both discretionary and non discretionary, respond to shortages and the cost of inputs. Thus the "inflation shopping basket" measures price rises and the resulting reduction in standard of living absent monetary expansion

[@donklee3514]

@@jonthomas9708 That my friend is a great observation. I would add that because the dollar is the world currency a major portion of the increased money supply (QEs) flows out of the domestic bucket and into the world bucket. The QE dollars funded a lot of China's and India's expansions. IMHO money supply is a minor influence on inflation with the potential to be a major influence if mishandled, but we haven't seen any of that yet. Hyperinflation will be a worldwide problem rather than a domestic problem when the world bucket fills up. CPI is a ball park inflation indicator necessary because adding all the inflationary/deflationary forces is simply overwhelming. Money supply is nowhere in the CPI calculations.

[@jonthomas9708]

@@donklee3514 Big and little ticket items funded by credit card & home equity withdrawal support the value of the yuan and end up as dollar deposits at the Fed to the credit of the Chinese central bank. The Chinese central bank chooses to exchange it's idle dollars for US Treasury bonds, keeping the US economic wheel turning. The militarily enforced use of the dollar by other nations for the foundational commodity (oil) maintains the demand & thereby the value of the dollar. The petrodollar system is in process of unravelling with Saudi moving toward a bigger bully + Russia (& Iran?) locked out of the dollar settlement system. MMT, the pernicious economic cult that I despise, (honorably mentioned in Claus Schwabbs boring book btw) is only really valid for the exeptional circumstances of the USA. One hears of "exporting inflation". As long as China invests in productive capacity & maintains the value of the yuan for the purchase of inputs. In this sense Chinese borrowing, public and private, for infrastructuture and manufacturing improvement is counter inflationary. For all the US goverment borrowing I hear that the US railway system is creaking and shabby and the highways are at capacity. Neo-classical economic orthodoxy opposes Government investment and economic planning however the US version of planning is for massive investment in global soft power backed by an enormous military. It seems to still be kinda working - holding up domestic demand whilst Ukranian conscripts and chumps from around the west are volunteering to fight and pay the price.

[@donklee3514]

@@jonthomas9708 "Big and little ticket items funded by credit card & home equity withdrawal support the value of the yuan and end up as dollar deposits at the Fed to the credit of the Chinese central bank." This sentence/idea needs a little more development. The relationship is a little vague for consumer debt to a yuan relationship. One of my favorite questions for econ professors is when a market crashes where do all the dollars go? The answer is usually something like nowhere or some distraction to avoid the question. Millions or Billions of currency used to drive the market up to bubble status simply vanish from the money supply. An inconvenient truth to a monetarist that believes there is a direct relation between money supply and inflation at the macro level. IMHO, market crashes are deflationary at the micro level and are but a minor component of inflation at the macro level. Heresy you say. Only if you believe without questioning relying on faith and faith alone. Millions or Billions of currency and the value the currency represents vanishing without causing deflation at the macro level seems to indicate otherwise. The same can be said for all the asset classes. I would propose that the so-called business cycles act as a relief valve removing excess value and currency from the money supply. I know more heresy, but it does open up the possibility that 40 trillion in debt can exist without causing inflation. The currency over time was removed, but the debt that spurred its creation remains. Just food for thought.

[@Aikidoman06]

All of that to show that you don’t really understand this

[@akbarfarzin9857]

Thankful for Useful!!! programs!!! We are Learning a LOTS FROM IT !!! Thanks again!!!👌👌👌👌👌👌👌👌

[@ebizugbemartins3899]

This so beautiful vivid explanation of past history of facts

[@exoticav1]

What a excellent intellectual interview thank you

[@tyosmond]

Let’s say we are playing a game of monopoly and we reach a point in the game in which there is no more cash left but there is another older monopoly game in the closet so we go raid that game and just inject more cash into the game. What happens? Prices of each property go up but nobody is actually any wealthier and the person that gets screwed the most is the guy within holds the fewest properties/ assets.

[@abdool1972]

Hedges and Wolff ride again!

[@J3unG]

This report ends my week on a positive note!!

[@lindascanlan6317]

My favorite economist ...Professor Richard Wolff....adore your sense of things...

[@ruthpittman4079]

Watching the Chris Hedges seven part interview with Paul Jay from nine years ago. Super interesting.

[@williammartinez840]

I gotta say- you dropped the science today! And we've got to do something about it.

[@JohnSmith-vm8rx]

Great interview Hedges. Would love to here more from Wolf.

[@LONEWOLF..314-S-T-L]

GREAT TALKING POINTS PROFESSOR WOLFF AS USUAL SIR 💯👍🏾🌄

[@johnnym.wright7644]

Respect for thisbchannel this is fair transactions simple👍

[@JaseboMonkeyRex]

Great chat.... The thing that is different today to the beginning of the 20th century is our energy sources are about to tip over into scarcity. I can't help but think this major seismic shock will be the tipping point throwing our societies into chaos. I'm reminded of the description that Joseph Tainter wrote in his book Collapse how society choose to fail or succeed , when he described the Vikings trying to colonize Greenland. The Vikings had a viable culture thriving in the same landscape that had been there for thousands of years, but they refused to adapt new ways of living holding onto their cultural ways and died as a result . I suspect our societies will, in a similar fashion, refuse to adapt to the circumstances and also die as a result. I simply don't believe our leadership has the ability to embrace any form of collectivism any more, maybe in pockets , here and there, but the dominant overarching cultural norms will see people go down with the ship rather than adapt ...

[@TerryMaplePoco]

you watch nate hagens opdcast? the great simplification. all about energy. it's great

[@johnblack6161]

There's plenty of energy this is all man made by america,who have plenty of oil but refuse to pump it, they,d rather go around the world bombing and stealing other country,s resources ,just like they are doing in Syria they bombed the shit out of it and to this day they are blatantly stealing Syria,s oil.

[@mauriziomoretti5392]

There are no other ways than starting with “pockets”:of new alternative ways to structure economy and society. Following the teachings of prof Wolff himself: that’s how Capitalism eventually prevailed over Feudalism, trial and error, trial and fail, over and over until a viable balance for large numbers of people emerged

[@rogersmith7396]

I was taught about the coming failure of the petroleum culture in college in the early 70s. Carter tried to direct the country away from this. The powers that be brought in the sock puppet Reagan to bring forth 40 years of denial. If we had started to move away from oil in the 70s, it would be an unknown quantity to people today.

[@JaseboMonkeyRex]

@@TerryMaplePoco yes, I've watched most of his conversations. I agree they are fantastic!

[@cheryls3224]

Everbody needs to hear what these gentleman have to say. They speak truth & common sense. They don't have any sponsors suppressing them. History would be happy to teach us a hard lesson. History will teach us a hard lesson if we dont

[@jimcarrington6744]

40 years of trickle down by both red and blue is the whole trouble. Tax the wealthiest & take money out of politics. House our elderly and disabled, who are the vast majority of our homeless. SSI should be tripled. STATE college should be tuition free. Medicare4all! $15 minimum wage. Does the name, Bernie ring a bell?

[@cheryls3224]

@@jimcarrington6744 I agree with you 100%. Bless Bernie but do ya think it'll ever happen? We need to create a society where we can live somewhat comfortably & is good for our children & their children.

[@jimcarrington6744]

@@cheryls3224 Not in my life, but I'm old. I have NO hope of ever finding a place to live in America. FIRST, we should house our most vulnerable. I do not believe that Americans care about their elderly or disabled, enough to even house them. I believe that mankind should become extinct & be replaced with a creature that will never use sound as their primary communication. Our languages serve no greater purpose than to enable dishonesty. I would put our wealthiest in Guantanimo, with no trial & no phone calls. (they have done it to me many times, over a plant or a joint)

[@cheryls3224]

@@jimcarrington6744 Well I'm no spring chicken myself. I will probably pass before any meaningful change to society happens. My hope is on the young to purge the old baggage from Congress, don't allow history to repeat itself & and bring forth changes for the greater good. All the homeless need to be housed not just the elderly and disabled. It is sinful the outrageous sums of money spent on political campaigns and we can't provide true affordable housing??? Interesting thought on no verbal communication. Imagine that...

[@scottrichardson6226]

Well, we haven't gotten a raise in 50 years, can't afford a car anymore, can't afford to buy a home now ever, there are no benefits or social benefits from the government to speak of and now we can't heat hour homes. We can't afford needed medicine and now food is scarce. I would be willing to bet that the guillotines and hanging ropes will soon appear and those that forced this upon all of us will soon get their due!

[@X3R0D3D]

soon new vehicles are going to be a luxury only the wealthy can afford.

[@gabemendoza1052]

@@cosmo43095 Well, if those places aren't stealing all of their money like most shelters do, the system you described wouldn't be profitable then. Here's the problem we'll face: Social unrest. More and more people end up in shelters, no way would society accept it as the new normal, at least not in a wealthy society where people once had more than they do now.

[@dylnthmsn420]

You rang?

[@marianhunt8899]

@@cosmo43095 Yes, that is exactly what is going on. The poor are being treated like cattle.

[@user-gz4ve8mw9l]

@@cosmo43095 That's the sort of thing that happens under capitalism let alone fascism so yes.

[@robertziawinski6554]

Excellent program

[@cheri238]

THE BEST !!!💯

[@WileyCylas]

These gents r humanistic GEMS! PROTECT THEM AT ALL COSTS! 💘

[@donnagaffney6467]

Great guest!

[@holly6648]

Two greats talking. Thanks Chris for having Professor Wolff on.

[@fazaelma]

i would like to hear more about the perspectives of the ecole de guerre in paris

[@lindascanlan6317]

Though provoking ...informative ... compelling...Dr. Wolff, you always deliver...

[@brandydeann3494]

Love these two!!!

[@skdjirrrdjdm3926]

I might add, I work at a dollar store in an extremely rural Midwest town. The company forced you to watch anti-union videos on your first day of training, they hire at minimum wage and run the stores on a skeleton crew so nobody gets enough hours, the employment opportunities in places like this are not competitive. You either work at a factory 6 days a week, 12 hour shifts OR you work at a chain retail/grocery store for minimum wage and 10-15 hours a week. The company lets us know weekly that we are expendable to them and there is always a long line of applicants who'll take the position if you so much as complain. They dont care about their workers, they rule by fear and toss you out like trash for minor mistakes.

[@wavelength7503]

Another very interesting conversation. Richard couldn't have said it any better. Corporation PROFITS in 2019 were 1.3 trillion and increased to 2,1 trillion in 2003. In three years corporation profits have increased 50% in 3 years. Have You had a 50% wage increase in 3 years, I haven't. The true cause of inflation corporation greed, price fixing, gouging, by retail monopolies, oil, etc.

[@quickturn66]

2003 or 2022?

[@wavelength7503]

@@quickturn66what can I say, I'm ahead of the present, what now is past . Give it a month, it will be your present. And you can rest at ease. LoL

[@healthytruth1363]

THANK YOU, RICHARD FOR YOUR VERY TALK WITH SUCH CLARITY AND GREAT UNDERSTANDING OF AMERICAN SYSTEM ❤❤👍👍👍

[@askfaisalmuslim]

Interesting, thanks for the info.

[@ianfrost9946]

How have you mastered the algorithms, Chris? Your programmes always follow anything I search for. I'm not complaining, by the way.

[@crantorbuttons4378]

Interesting , a number of the most eminent market experts have been expressing their views on the severity of the impending economic downturn and the extent to which equities might plummet. This is because the economy is heading towards a recession and inflation is persistently above the Federal Reserve's 2% target. As I'm aiming to create a portfolio worth no less than $850,000 before I turn 60, I would appreciate any advice on potential investments.

[@serenasmith2859]

I've been in touch with a financial advisor ever since I started my business. 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.

[@serenasmith2859]

My advisor is Sofia Erailda Sema , 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

[@jamesharrison6569]

@@serenasmith2859Well, that's a good suggestion! Sofia is someone I also know. She is my mentor as well. I heartily endorse her

[@jamesgeorge5896]

@Mary Kane Such a priceless tip, Thank you so much!

[@YTStopCensoringFreedomOfspeech]

We are headed towards WW3, lmao, you wanna talk about investing? Save your money and spend it on survival. The US is going to rob all it's middle and poor class to encourage military service. You will be drafted to fight in a war vs China and Russia.

[@cosmicmusicreynolds3266]

Being British we could certainly do with some of the examples of protests there have been in the USA ! Although we have strikes in progress need more protests! Thanks to these two guys for inspiring myself and others

[@hassanal-mosawi4235]

Well said!

[@madcow3235]

So what would be the best way to unite the workers of the world? How do we stop inflation. Every year it gets worse and worse. Workers of the world unite!

[@lynnevenables7193]

It’s starting to happen in the UK

[@CW-xf1li]

I donated through through the site for the donation match. We appreciate all you do to educate us on these important issues.

[@allahdinosamo7654]

In Pakistan prices have been double in last two years while wages barely 30% . 60% of population is literally starving thanks to the policies of the US umpire and its buddies .

[@kevinkowlessar5023]

True Hero, for having the guts, to speak out on this subject.

[@ktrimbach5771]

After he mentioned wage and price controls I was ready to change the channel, but I was busy so I didn’t. How he explains rationing makes some sense, but I wouldn’t trust our current government to distribute cards fairly. In fact I would be surprised if they DID do it fairly. And that would be the same with Trump as POTUS as well. He also makes a simple point about manufacturers raising prices which I thought was silly at first. But I guess that’s true. We talk about companies passing along price increases to their customers, but they can do a number of things: eat the cost and reduce profit, raise prices proportionally and not change bottom line, raise prices and pay workers more keeping profit constant, or raise prices and give those profits to their shareholders. Unfortunately, it is now unlawful (if I understand this correctly) for a company NOT to maximize profit to shareholders. This is highly immoral. We NEED a new understanding of the Corporation, as the current one is/has destroyed this country.

[@roBEAN444]

I love your show CH keep up the amazing work. Journalist

[@thedarkerarchery3553]

Seeing these 2 collabing has been a dream of mine. I haven't been this excited for this conversation since Randy Macho Man Savage and Hulk Hogan became a tag team for a while...

[@xiinomadia4923]

Inflation is not cause by rising prices, it is the effect of artificial expansion of the money supply, like the $5 trillion upward tranfer of wealth in 2020 et al. Inflation is, and has always been a monetary phenomenon. You even inadvertently acknowledge that yourself!! 25:27 Use to look up to this guy. Still love Chris Hedges.

[@Brutaga]

Finally, a comment based on fact, and not made on sucking up to some left leaning liberal

[@thinkbeforeyoutype7106]

Great segment. Thank you

[@alanblanes2876]

It has been a great discussion, but it is false to believe that Hitler had a 'little black moustache' and was not blue-eyed. He had intense blue eyes and his moustache was auburn. Depersonalizing Hitler does not win converts to the authentic social and economic democracy faction.

[@mikecorbeil]

I first listened to this last month, but just listened to it again, now,, Jan. 27, 2023, around 4:30 a.m., and it is very good. It would not hurt to listen to this again. I understand what is said, but how much I will well remember is another matter, for I am regularly thinking of different things. Also, I am not good with memorization.

[@leondonald]

The market and the Fed consistently underestimate the sticky nature of inflation. The markets are still unsure if the Federal Reserve will continue to its plan to raise interest rates until inflation is under control, despite the fact that bond yields are rising while stock prices are falling. What is the greatest strategy to take advantage of the current bear market while I'm still deciding whether to sell my $401k worth of stocks?

[@philipr1759]

Even though there will probably be more pain in the future, investors should look for stocks like Royal Philips NV and Alstom SA that have been sufficiently battered down to be a bargain or get a great portfolio manager.

[@HarrietBemish]

That's why I'm creating more income streams that I have complete control over. These will take me places that my day job never could. The earlier you start investing your money and putting it to work, the more time compound interest has to work its magic on your portfolio. This is how I'm going to achieve early retirement and it's possible for everyone. understand , know the path needed and stay committed to the craft

[@duane_29]

@@HarrietBemish How are we going to achieve all that given that the market has being a mess most of the year seems farfetched. I keep hearing that the market is pricing in a 60% probability of a 75 hike. But isn’t it also pricing in a dovish fed that’s going to pívot relatively quickly?

[@HarrietBemish]

@@duane_29 My advisor Christine Jane Mclean is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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.

[@duane_29]

@@HarrietBemish Thank you for this tip , I must say, Christine appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, educational background, and qualifications, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.

[@davesradiorepairs6344]

Two of the most insightful minds today.... You would do well to listen to them twice...