INFLATION! What they aren't telling you

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Outdoors With The Morgans

Outdoors With The Morgans

Күн бұрын

Пікірлер: 1 900
@InLineDiesel6
@InLineDiesel6 Жыл бұрын
The one thing this country really needs is a Department of Common Sense.
@oldnstillworkin5709
@oldnstillworkin5709 Жыл бұрын
They definitely would have to hire an outside contractor to do that!
@davids4754
@davids4754 Жыл бұрын
Lol you got that right
@ΗΛΙΑΣ.ΧΑΝΤΖΗΧΡΗΣΤΟΣ
@ΗΛΙΑΣ.ΧΑΝΤΖΗΧΡΗΣΤΟΣ Жыл бұрын
Not only in the States my friend.
@wildbill23c
@wildbill23c Жыл бұрын
It would always be out of stock LOL.
@sroyal76
@sroyal76 Жыл бұрын
Don't tell Congress that. They love spending your money. They would even call it "the Department of Nonsense". You think I'm kidding?
@charlesreed1207
@charlesreed1207 Жыл бұрын
Mike, I’m a 72 year old semi-retired engineer, totally debt free and I agree with you 150%. Something must change. However, I think things are going to get a lot worse before they get better. Wishing you and your family the best in the future.
@luisrodriquez6358
@luisrodriquez6358 Жыл бұрын
Mike you hit the nail right smack dab on the head. I agree with you 1000%. That bunch in Congress like to spend money like it’s going out of sight.
@charlesreohr6236
@charlesreohr6236 Жыл бұрын
They are not spending it they are stealig it. Replace the thieves.
@videopyc
@videopyc Жыл бұрын
Mike ax grinding is pure gaslighting. Blaming government is like blaming God. Keep barking Mike… it makes greedy people greedier. Greed is the source of what you are compllaining about.
@ronvogt
@ronvogt Жыл бұрын
@@videopyc Tell us what he said that's not true Wait It's feelings over facts for you right cupcake??
@rafter6a472
@rafter6a472 Жыл бұрын
Well it is said that "money is easier to spend when it's not yours....." and unfortunately that's how it's being spent/wasted.
@johnt.starkey6421
@johnt.starkey6421 Жыл бұрын
Thanks for the pep talk you hit the point with that inflation status and as I've lived thru this for the last 58 years and I understand where we've been and where were going . Keep up the U-Tube videos your hard work is a joy to watch . I remember voting for Mr. Nixon etc. Thanks again for what you do.
@2000dcmc
@2000dcmc Жыл бұрын
Thank You for not being afraid to tell it like it is. You will not turn away a single viewer of your channel. I have noticed more of my favorite channels speaking up on our current situation. United we stand!
@gusswenson7811
@gusswenson7811 Жыл бұрын
Good evening Morgan’s.. Thank you Mike for not being afraid to speak your mind and speak the truth.. What you did is courage.. plain and simple.. Telling the truth that lots of people don’t want to hear… Thank You.. Stay safe and always be kind. Cheers…
@anthonymilner1088
@anthonymilner1088 Жыл бұрын
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.
@stevenbergwin5074
@stevenbergwin5074 Жыл бұрын
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
@veniceblackwood2931
@veniceblackwood2931 Жыл бұрын
@@stevenbergwin5074 Well, the best professionals have access to exclusive data and information that is not made available to the general public. Knowing the tactics to employ at this time is one thing; having the knowledge necessary to put them into successful practice is quite another.
@ericprunty3734
@ericprunty3734 Жыл бұрын
@Richard M Todd Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@corneliajennins5714
@corneliajennins5714 Жыл бұрын
@@ericprunty3734 please who is the financial adviser that assist you with your investment and if you don't mind, how do i get in touch with them?
@ericprunty3734
@ericprunty3734 Жыл бұрын
@@corneliajennins5714 My Financial Advisor is "Donna Di lanni" I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care supervision. I basically follow her market moves and haven’t regretted doing so.
@caseyspradlin1462
@caseyspradlin1462 Жыл бұрын
Mike, I’ll turn 50 this year. You sir have hit the nail on the head. I’m right there with you. If you haven’t read the 5,000 year leap, then you should. Another good read. Land, livestock & a garden. Just like our grandparents & great grandparents did. As always sir, keep doing what you do. Don’t let anyone tell you different.
@DonnieDarko727
@DonnieDarko727 Жыл бұрын
The Most Dangerous Superstition. Read or Audible that. Enough with the fairytales
@jeffwilliams9086
@jeffwilliams9086 Жыл бұрын
Casey, glad I read your comment, almost the same thing I was gonna add
@jrbrumley9334
@jrbrumley9334 Жыл бұрын
Mike, I couldn't have explained the situation any better, and don't know anyone that could have. As usual, you just state the facts and leave it up to everyone to make up their own minds, and don't leave any doubts as to where you stand on an issue. Thanks for sharing all the information and your opinion, it means a lot to me! Thanks again, J.R.
@thatguy4933
@thatguy4933 Жыл бұрын
Mike, 15 year government financial manager here... you are spot on. It's not fear mongering... it's being realistic. We're at a crossroad and must chose between saving the system or saving the currency
@andrewslagle1974
@andrewslagle1974 Жыл бұрын
This is all being done on purpose by the dem marxist party to usher in a digital currency so they will have total control over us and it is sick !
@LloydJarvis
@LloydJarvis Жыл бұрын
Looks like we're back to liberty or death.
@yaegermeister4307
@yaegermeister4307 Жыл бұрын
How many years do you project, until we cross the junction going one way or the other?
@herdogcyn156
@herdogcyn156 Жыл бұрын
Mike: Solid guy, solid analysis. Very positive communication. Our parents and Grandparents went through significantly challenged economic times and we as a country should know better than to repeat it. Bless you and family and keep up the good work.
@nosolar2023
@nosolar2023 Жыл бұрын
Just like anything else if u don't go thru it you don't know what it's like
@karenchandler3525
@karenchandler3525 Жыл бұрын
Amen Mike I'm right with. you. Im 72 and retired last year. and I thought I would have an easy retirement. Nope struggling, now have 6 chickens now and a HUGE garden. Love your videos I should of been a big machine driver instead of of retail.
@davidmorse8432
@davidmorse8432 Жыл бұрын
Better start making some KZbin videos.
@MrSilverado1982
@MrSilverado1982 Жыл бұрын
Anyone on a fixed income can't make it in this economy anymore!
@ky.gambler5281
@ky.gambler5281 Жыл бұрын
@@MrSilverado1982 exactly, at 75, fixed income, we cut back and struggle..
@EdRossi624
@EdRossi624 Жыл бұрын
Thank you for putting light on this. You are correct when you say they want us fighting amongst ourselves so we don't pay attention to what they are doing.
@ky.gambler5281
@ky.gambler5281 Жыл бұрын
Exactly and millions of people are too ignorant to see..
@jims3650
@jims3650 Жыл бұрын
Mike you are so right. One thing I see is that the Gov. is trying to take care of certain people and forget others. I heard this one day that there are too many people in the wagon and not enough to pull it. We need to stop paying people to sit at home. You always hear that Social Security will be broke by 2034, but you never hear that Welfare is going broke. We pay too many taxes for things. Just look at it your wages are taxed and then you buy some thing it is taxed. We are taxed to death.
@swamprat69er
@swamprat69er Жыл бұрын
The U.S. and Canada, too.
@temirchelyabinsk1304
@temirchelyabinsk1304 Жыл бұрын
and i have the same.south-east of russia.we have a VAT tax on products in the store of 20 percent.the labor tax is 13 percent.
@Willy12927
@Willy12927 Жыл бұрын
@@temirchelyabinsk1304 Know a lot of couples that only have one child because they feel that is all they can afford. Wonder how many welfare couples only have one child?
@temirchelyabinsk1304
@temirchelyabinsk1304 Жыл бұрын
@@Willy12927 absolutely the same.the main thing is that two parents have a job.costs are rising.inflation of 10% per year
@HarryHound1
@HarryHound1 Жыл бұрын
Wise words Mike, our leaders all over the world are largely incompetent and never suffer the consequences of their mistakes. People need to stand together and support each other without finger pointing You and your family are much admired 👏🏻 Michael 🇬🇧
@mikejohnson753
@mikejohnson753 Жыл бұрын
Great analysis and I believe your spot on. Not fear mongering just presenting simple facts.
@TruckeeFam
@TruckeeFam Жыл бұрын
Depending on what you spend your money on.. INFLATION IS PROBABLY HIGHER THAN 7.1% FOR YOU! A 7.1% CPI means cash is losing 50% of its buying power every 10 years. If you’re not investing your money, delayed gratification will do nothing to help you financially. Saving your money instead of investing it means your wealth is being transferred to people who own assets.
@MatthewVinson
@MatthewVinson Жыл бұрын
Something I’ve learned from my first bear market: You don’t have to outperform, just survive. If you can survive and let your competitors blow up you’ll be the only one left and in a better position than before.
@IAMBETTERTHANYYOU
@IAMBETTERTHANYYOU Жыл бұрын
I've experienced both ends of the spectrum; I was investing on my own for about 3 years, doing my own research and analysis before I bought. After the pandemic, things got really tough, just as I was looking for a financial advisor to guide me. It's been more than 3years, and I've grown a stagnant reserve from $80K to $500k in just about 24 months.
@IAMBETTERTHANYYOU
@IAMBETTERTHANYYOU Жыл бұрын
I'm trading with licensed US broker "LISA ELLEN SHAW," a professional. I first met her at a start-up fundraising event in the beginning of last year. Regarding the current status of algorithmic trading, she has some intriguing things to say. I can clearly see the outcomes.
@johnirwin1837
@johnirwin1837 Жыл бұрын
My investments lost nearly $20,000. last year. Not good when you are senior citizen and not much time left to get it back.
@ky.gambler5281
@ky.gambler5281 Жыл бұрын
@@IAMBETTERTHANYYOU Bullshit you are spewing
@dalewesley6824
@dalewesley6824 Жыл бұрын
You absolutely hit the nail on the head, a peoples divided is a people that is distracted and a peoples that are not paying attention to the situation!!!! I couldn’t agree with you more!!!!
@evansoutherland4645
@evansoutherland4645 Жыл бұрын
Hi Mike, I am a retired natural gas utility pipeline employee, I agree with your message and content of this video. Thanks for having the courage to speak out to what people with common sense have known. Keep up the good work.
@rafter6a472
@rafter6a472 Жыл бұрын
Great video Mike, THANK YOU for having the "bawls" to get this type of info out there! Really glad you have the right attitude about protecting your views all while not purposely (or caring about) whether it's antagonizing anyone. Thanks for sharing Mike 🤠👍
@jeremyj612
@jeremyj612 Жыл бұрын
What an excellent video. I’m sharing it far and wide. You broke this down in a very simple, non-threatening way that I think can get through to a few people that normally shut down on these topics.
@OutdoorsWithTheMorgans
@OutdoorsWithTheMorgans Жыл бұрын
Much appreciated!
@joebaileygl1500
@joebaileygl1500 Жыл бұрын
Great video Mike. To me you are 100% right on about the debt. It all starts at the ballot box in my opinion. I totally agree with your analysis on how to be prepared. I have been preaching this to my kids for decades.
@profdave2861
@profdave2861 Жыл бұрын
So which party do you think is going to fix this? The debt rose more and the economy fared far worse (both debt and jobs) under the last Republican administration that either the current or recent past Democratic administrations. You have to look at facts, not the past or the liars on so-called news channels.
@jerryadams6462
@jerryadams6462 Жыл бұрын
Spot on. Mike. The infighting has to cease and we all need to work together for common sense solutions. Great video, I love the diversity of topics. Keep them in the pipeline please.
@srofficer5
@srofficer5 Жыл бұрын
Couldn’t agree more, Mike! Keep up the great work. All the best from my family to yours.
@jamiegratton9748
@jamiegratton9748 Жыл бұрын
I’m right there with you! You provided facts and as we know there will be some to argue those facts. It’s a scary world we MUST stick together. Thanks for this video, much appreciated Mike!
@janetbeaudet7461
@janetbeaudet7461 Жыл бұрын
Thanks Mike. I understand it all. Me n the wife are retired on fixed income. We see it getting worse every day. We pray a lot more these days!
@willojanen2
@willojanen2 Жыл бұрын
You are 100% right on, I agree totally. I am 73 almost 74 years old, I bought my first brand new car, I drove it off the show room floor for a whopping $ 1800.00 I was making $2.89 an hour and I even started buying my own farm equipment. That could never happen for the young people today! Too much tax and spend by government!!!!
@pfjsuyehf
@pfjsuyehf Жыл бұрын
I'll bet back then you complained about how expensive it was! Lol Best to you
@hankthefarmer
@hankthefarmer Жыл бұрын
Thanks for this. More people need to see this and understand the implications
@deanbenson6879
@deanbenson6879 Жыл бұрын
Paul Harvey, rest his soul, would do this wage-time comparison every year or so. Its only been the last decade that things have gone sideways. Appreciate your diagnosis of this problem. Love your videos, hugs and Happy New Year to the Morgans!
@brucebello2049
@brucebello2049 Жыл бұрын
With you completely Mike, you have a great way of bringing things into focus. I remember buying a F250 just like yours, well a standard 4x4 with a standard bed in 1970, your numbers fitted my circumstances almost exactly other than our house, we waived in the mountains of So Cal so property was much less expensive. Built our first house on an acre for quit a bit less. Had a Case 580 which cost less than my truck, look at what a platform loader/backhoe is today.
@chrisdort4410
@chrisdort4410 Жыл бұрын
Excellent video. It’s not fear monger, it’s reality and common sense. Thank you for speaking the truth. There are far too many people in this country who either don’t understand or want to pretend there’s not a storm coming. Hopefully we can turn this around.
@stevecarney6750
@stevecarney6750 Жыл бұрын
I know you will get negative feedback, but I hope you keep doing a variety of different types of videos. I look forward to seeing what you all are going to do next. Life would be pretty boring if every day was the same. Have a day.
@lacking2010
@lacking2010 Жыл бұрын
Mike - I finally had to get involved in politics after 78 years of staying informed but staying out of the arena. I have become an activist and have about 50 volunteers working on changing county, city and school board elected officials. I frequently display that debt clock at both the county and city government levels. They all acknowledge the problem, but no one wants to be the first one to stop taking the "free" money as if they did the next guy would just get their share. So human nature being what it is, I am afraid it will take a "hard reset" to our financial system, which will not be good for anyone. I like the analogy of playing musical chairs - where will you be when the music stops? Your suggestions about being prepared are the best we can do. No one can predict when the music stops and it will be ugly. Keep up the good work and comments.
@american0002
@american0002 Жыл бұрын
Great advice Mike. Thank you for the effort that goes in to creating good content.
@josephricket9269
@josephricket9269 Жыл бұрын
Great video I agree it's been decades of over spending and fighting each other I've said this for years. Grat job.
@savagefirewood
@savagefirewood Жыл бұрын
Great video Mike , I’m Canadian as you know but are dealing with the same b.s . At the end of the day we all have our opinions and at the end, we all as people need to work together. Cheers 👌🏻🔥🇨🇦
@michaelking404
@michaelking404 Жыл бұрын
Mike you are spot on 100% wish more people had common sense that you have.Keep up making your great videos and saying what on your mind love watching and listening 😊
@gregpeacock1794
@gregpeacock1794 Жыл бұрын
Completely agree Mike nice job with the explanation !!
@waltergregory2368
@waltergregory2368 Жыл бұрын
Great video Mike! You are right on. Wreck less spending is correct. When we let the government tax and spend without proper constraints we will have inflation for sure.
@ElizabethMorrah
@ElizabethMorrah Жыл бұрын
Hi Morgan family, watching your KZbin clips from New Zealand and love your channel. Your inflation episode is so insightful, and not just relevant to our world's largest economy being the United States, but applies to so many economies around the globe. Some really great insights on the creep of inflation affecting us all - great watch! George.
@georgecoffman377
@georgecoffman377 Жыл бұрын
Thank you for a point on video. You are spot on in describing what is happening in our country if people will only pay attention.
@bobkyle7085
@bobkyle7085 Жыл бұрын
I wish that we had more people as realistic and caring as Mike! for this issue🤔
@free_thinker7139
@free_thinker7139 Жыл бұрын
Nice to hear and read comments to this video. I agree with what you said. It's good to know there are others that are aware of what is being done to our country and to us by politicians and bankers. Keep up the good work and I for one will be praying for you, your family and then rest of our country. BTW: The fire starter I ordered last Sunday was delivered on Thursday.
@JEANEREANO
@JEANEREANO Жыл бұрын
We aren't as dumb as we l👀k !
@charlenepartlow7880
@charlenepartlow7880 Жыл бұрын
Hey Mike! Even though we are on the same page with knowledge about inflation and all...we really appreciate your generous effort to enlighten and educate others that may need answers to their questions and need an explaination as to what is happening and why...your reflective examples and comparisons are great and very clear to comprehend . Thank you for taking the time to reach out to others for their advantage ! Your a good egg buddy ! God bless y'all !
@Longeno55
@Longeno55 Жыл бұрын
Great video! I have to agree with you 100% Mr. Morgan! I currently reside in Maryland on the Northwest border of the source our actual problem, Washington DC. I'm planning to move soon, partly because I can no longer take the absolute lunacy or the cost that it requires to live here. All the best to you and your family!
@tomc413
@tomc413 Жыл бұрын
i love your comment of "can't be enemies to one another" !! I fully believe this as well. My you & your family be well this new year!
@houstonshores9744
@houstonshores9744 Жыл бұрын
I agree 100% with you Mike! There are too many people out there that are spending money to try to keep up with their neighbors. Try to get your bills paid off you will feel much better! I looked at buying a new tractor the other day it will cost me $50,000 more than I paid for the last one 5 years ago!
@garryspencer6904
@garryspencer6904 Жыл бұрын
You are absolutely right. Love your channel. Keep doing what you are doing. God bless.
@markkramer2908
@markkramer2908 Жыл бұрын
I couldn't agree with you more Mike. Our kids and grand babies are going to have to live through some very hard times in their lives. I pray for them everyday.
@theadventuresofdaveandrc1447
@theadventuresofdaveandrc1447 Жыл бұрын
Spot On!! 1000% Right!! The wheels are slowly falling off the wagon. I’m sharing this video.
@davidsisler1451
@davidsisler1451 Жыл бұрын
Mike, I appreciate your comments. Hopefully it opens up a few peoples eyes. Reagan said that inflation was from our government living too good. Every time I hear a Reagan quote it gives me hope that our country has made it through some of these problems before. Thanks
@dlloyd01
@dlloyd01 Жыл бұрын
Great video and 110% correct. This country is headed for a hard awakening. What’s happening isn’t sustainable. People are spending more on cars than they used to spend on a nice home. Credit card debt is at an all-time high. Household saving is basically nonexistent. I’ve been watching your videos for several years now and I do enjoy this type of content mixed in with your regular. Appreciate you telling it how it is.
@ernie449
@ernie449 Жыл бұрын
Great video Mike, well thought out and easy to understand.
@deblarsen8528
@deblarsen8528 Жыл бұрын
I am a new 69 year old subscriber. This video is SPOT ON! Thank You! I will definitely be tuning in again!
@barrywilkins237
@barrywilkins237 Жыл бұрын
United we stand, divided we fall. Great video Mike, thanks.
@stayoutsideandexplore6280
@stayoutsideandexplore6280 Жыл бұрын
Great video Mike, Thanks for sharing that US website. Just last week I went to a local bakery and bought 3 good size donuts. $6.60 for 3. Wasn't long ago you could get a dozen for that price. The other thing that amazes me is when you drive by all these restaurant's the parking lots are full. Doesn't anyone cook at home anymore and it's more expensive.
@michaelgibney3772
@michaelgibney3772 Жыл бұрын
I think you published a great piece of information today. Most importantly I appreciate you saying that we all need to work together. Thank you.
@LR-xx5ig
@LR-xx5ig Жыл бұрын
Thank you so much for talking about the truth. Most channels ignore the fact that we are in a recession. I’m 68 and I remember it all.
@tedmorrison8632
@tedmorrison8632 Жыл бұрын
You are absolutely correct buddy no doubt in my opinion. We live in Homosassa, Florida in a rather rural area, it's called "The Nature Coast". It's unbelievable what's happening here, every retailer you can name is currently building here in our area. Rent for a three bedroom two bath home is nearly 3000.00 per month. We bought our house five years ago and we have been offered twice what we paid for it. We have a 2008 F350 diesel dually, it's been well cared for I've been offered as much as I paid for it in 2010. We're headed Down a steep slope in this country and we're free wheeling and the brakes have completely failed.
@jkvacationing9150
@jkvacationing9150 Жыл бұрын
Boy, you are SO correct, Ted.... Very sad what is happening to this country !!! JK john Keyes, a native Floridian born in Madison...
@williamc958
@williamc958 Жыл бұрын
You covered it extremely well Mike! I echo your comments every day to people in our community.
@martyclack8782
@martyclack8782 Жыл бұрын
You hit the bullseye Mike thanks for breaking it down and I pray they get their act together soon.
@dwainstevens2963
@dwainstevens2963 Жыл бұрын
So true Mike, I appreciate your willingness to state the facts. We better get our act together on every aspect…stop fighting and unify as fellow Americans. As a business owner I used to say we as Americans won’t know what we have till it’s gone. Now I fear that more than ever, but also am hopeful we can come together….. while trying to prepare for the worst.
@john0119
@john0119 Жыл бұрын
Well said mike. As the years go by you see each home change the way they go without and with more working in the home and with that said less benefits. It seems like the medical profession is trying to find more and more ways to make money for that yacht setting at the dock down at the bay. If only we could all be true to each other and keep things basic We would still be Rock Solid with our monetary and values. My Father would quench his Charcoal after usage, let it dry and then reuse it, now that's thrifty. 😎😊😍🐶🇺🇸
@briandavis4606
@briandavis4606 Жыл бұрын
You explained it perfectly especially to folks who are not in the know!
@Leonard.Darren
@Leonard.Darren Жыл бұрын
Major props for talking about real stuff and creating awareness. And bless your soul (ha ha)! By the way, I bought some of your firestarter and gave some to a friend. He was using Billy Buckskin Fatwood and after using your stuff for the first time, he said it's worth every penny.
@donaldpaul2002
@donaldpaul2002 Жыл бұрын
Investing in Crypto now should be in every wise individual list now,in some months times you''ll be ecstatic with the decision you made today 💯
@samanthalaura9938
@samanthalaura9938 Жыл бұрын
Investing in crypto is very volatile and risky which is why most successful investors trade with professional brokers.
@DaNeceTaitFickett
@DaNeceTaitFickett Жыл бұрын
Plan your trade and grow your crypto portfolio with Mrs Geraldine Lane investment/ trading services... She's one of the best when it comes to trading cryptocurrencies.
@georgettegreg1795
@georgettegreg1795 Жыл бұрын
What's app 👇
@georgettegreg1795
@georgettegreg1795 Жыл бұрын
Пчелен мед 👉┼𝟭𝟮𝟳𝟬𝟰𝟬𝟲𝟳𝟭𝟳𝟵👈 Пчелен мед👍👎
@mikeposey718
@mikeposey718 Жыл бұрын
I'm surprised that her name is being mentioned here, I stumbled upon one of his clients testimony on CNBC news last week.
@jamesmaclellan3808
@jamesmaclellan3808 Жыл бұрын
Well said Mike I enjoy these type of videos that you put out occasionally you put some time and thought into them thanks
@mikegreatcarpbode6205
@mikegreatcarpbode6205 Жыл бұрын
Good morning Mike, I'm giving you 2 thumbs up 👍 👍!!!!! Thinking definitely need to change. And the ballet box is the best place to start.
@charlessabinjr7661
@charlessabinjr7661 Жыл бұрын
I appreciate your videos on the current situation in our country. I watch the work videos on a as-time-is-free basis; normallywithin 24 hours. When I see a title like this one, I watch it within 30 minutes.
@sidneyhoopengardner1612
@sidneyhoopengardner1612 Жыл бұрын
I appreciate your views and agree with most of them. Keep the talks comming once in a while!
@simonknappett3208
@simonknappett3208 Жыл бұрын
Great words! I remember listening to an ex girlfriends father 5 years ago who was a semi retired farmer that still lived on his land just rented fields out. He was telling me the price of his Massey Ferguson tractor from the 80’s. Think he said it was about £20,000 and now it would be nearer £100,000. But the price of wheat since then had barely doubled! Sorry if the details are off, but I’m not a farming man just recalling what he said.
@wildbill23c
@wildbill23c Жыл бұрын
From what I understand farmers/ranchers are required to buy new equipment every year or so regardless if they need it or not, so they're always in deep debt with equipment they cannot ever pay for...its no wonder why farmers and ranchers are selling their properties and moving to town. Much easier and profitable to sell the farm for a subdivision than it is to keep going further in debt trying to farm it.
@njonebale7889
@njonebale7889 Жыл бұрын
@@wildbill23c who’s requiring the farmer to purchase the equipment and be in debt I really want to know?
@carolmitchell49
@carolmitchell49 Жыл бұрын
@@wildbill23c wildbill23C Your statement about farmer being required to buy equip. is soooo far from reality it deserves a reality check. Please do your home work before you make such statements!
@wildbill23c
@wildbill23c Жыл бұрын
@@carolmitchell49 So explain it then. That's why I was asking the question.
@wildbill23c
@wildbill23c Жыл бұрын
@@njonebale7889 Government requires them to buy new equipment every 1-2 years in order to maintain their membership in the Co-op and receive farm/ranch subsidies. I live in a farm and ranch town, that's how its been for decades, and that's one reason farmers/ranchers are selling out, you can't make a profit at all when you are required by law to buy new equipment at several hundred thousand dollars every time you turn around....many actually end up switching to small time farm/ranch rather than a full scale one to get away from all the requirements to maintain their government subsidies, so in the end they just close up the barn put a for sale sign out and wash their hands of the whole mess.
@BackcountryAlaska
@BackcountryAlaska Жыл бұрын
Enjoyed this video very much and you’re very well spoken about inflation. One of my best teachers in highschool was my Econ teacher and he made the same exact comparison using his 1974 highboy and very went as far as to compare the fuel cost of that truck to a modern truck in hours of labor. Most people don’t really grasp inflation until someone demonstrates it that way. Oh! And if anybody thinks that a 1970 ford pickup was more expensive than that you’re wrong! I have the original paperwork from the factory for my 1970 f-250 360 4 speed 2wd. $2600 off the lot in 1971. Cheers!
@bobmorgan9682
@bobmorgan9682 Жыл бұрын
Great video Mike. I agree 100 per cent with you.
@edwardraymond9729
@edwardraymond9729 Жыл бұрын
I agree with you mike, it doesn't matter what side you are on, both sides have got us into this mess one way or another. We do need to stick together and put an end to all this division. God bless you and your family.
@jornguhl5236
@jornguhl5236 Жыл бұрын
I fear there’re no two sides, the politicians may change, even the party they belong to… Companies and lobbyists will be the same and be sure, they will earn their money - our money, one way or the other… To be clear, I’m not talking of small or middle-sized businesses - not about people that have to work for their money. So let’s stick together all around the world, it’s the same problem nearly everywhere.
@keithmccloud4164
@keithmccloud4164 Жыл бұрын
If I lived in Pennsylvania, I'd vote for you!
@oldmanfred8676
@oldmanfred8676 Жыл бұрын
I would too!
@larryfischer1970
@larryfischer1970 Жыл бұрын
Me Too!
@yhird
@yhird Жыл бұрын
You are 100% correct. There is no such thing as fear-mongering when you are speaking truth and facts. Great video! Cheers.
@toddpacheco4748
@toddpacheco4748 Жыл бұрын
Mike you hit the nail squarely on the head ❤👍
@tedlitz7266
@tedlitz7266 Жыл бұрын
Mike you are 1000% correct. I'm a bit older than you but I can remember how it was in the 50's as a teenager. I really wish we could go back there.
@foreverbrownsfan
@foreverbrownsfan Жыл бұрын
Mike, I’ve already shared this twice while watching. Solid stuff!
@charliesaul729
@charliesaul729 Жыл бұрын
Mike, I thank you for a clear presentation of the data. I fear for our children. I am certain that within your family, you never present a problem without a solution to it. For our Country, I would appreciate learning your roadmap that will put us on a path out of this insanity. I really wonder if it can be done, as so many other industrialized countries have been following our lead.
@keithchristenson755
@keithchristenson755 Жыл бұрын
Nice to hear some common sense. Couldn't agree more with people getting along with each other. Just because someone else has a different idea/opinion doesn't mean they/you are right or wrong. Just my 2 cents worth!
@watkinstreefarm6880
@watkinstreefarm6880 Жыл бұрын
Appreciate this video and for you doing it regardless the back lash you may receive. There are so many people out there that get their information from the main stream media and have no clue. This video may hit them like a ton of bricks!! Thank you.
@jjj32801
@jjj32801 Жыл бұрын
Nice to hear from residents up North talking about the things we discuss in Florida.
@Winger2325
@Winger2325 Жыл бұрын
TOTALLY AGREE!!! You were and are spot on. Thank You!
@timmarsh8303
@timmarsh8303 Жыл бұрын
You are so so Right Mike the governments around the world need to deal with this sooner rather than later. 👍
@perryjackson985
@perryjackson985 Жыл бұрын
Great video Mike! I’m almost finished with the book myself and it really connects a lot of dots in which has been going on for a long time. Pretty sad, but I think people are starting to wake up finally, including myself. Love your Vids!
@davidn1369
@davidn1369 Жыл бұрын
Loved, loved, loved this video ❤❤❤ Mike, been watching this channel since nearly the start. And if nothing else, anyone can tell from those videos how level headed you are. I whole heartily agree about the reckless spending and it has been going on for many years. Too much $$$ has been doled out to those that don’t really need it. All those stimulus checks, some going to households with $190K income was a big mistake. The money should have been prorated based on income across the board, I.e., bigger checks for smallest incomes with a much smaller cutoff threshold. Too many people either put the windfall into their savings or paid down debt. No help to the economy. People need to think about the future and not saddle our grand/children with all that debt. Good idea about buying land!
@jellybelly7816
@jellybelly7816 Жыл бұрын
Mike and family …. Spot on. Thank you for stepping up to the plate and laying it out to the American People. A good read some time is the “ obituary of common sense”… thank you for just stating the facts
@parkermichael620
@parkermichael620 Жыл бұрын
You are right but did a new truckbin 1970 have backup cameras abs how many miles did that truck last. What was average size of a new home in 1970 and what amenities did it have. What regulations did home builders and car manufacturers have to deal with in 1970? How difficult was it to collect rent in 1970 and how easy was it to get rid of a bad tenant. I agree printing more money is part of it more there is more to it than that.
@helodriver20
@helodriver20 Жыл бұрын
Nailed it. I’m 58. We’ve seen this acceleration of inflation first hand. Great video Mike. ❤️🇺🇸
@scottnock5241
@scottnock5241 Жыл бұрын
Well done Mike!! You hit the nail on the head with a big hammer!!! Wreck less spending and aid!!!! Hope it turns around soon!!!!
@jmespowell9742
@jmespowell9742 Жыл бұрын
Your spot on. I have read the creature from Jekyll island.
@jamesfournier6114
@jamesfournier6114 Жыл бұрын
Great Video Mike I enjoy videos like this about the issues going on with our Country.
@awesomesauce7535
@awesomesauce7535 Жыл бұрын
i agree with your take on our country's fiscal situation. And love that stove and how comforting the fire looks.
@neilfarrar9917
@neilfarrar9917 Жыл бұрын
Totally agree with what you said about the cause of inflation and the need for those in power to divide each of us, which keeps the focus off of them. Living debt free is our goal and something we have been working towards for several years, as well as having multiple streams of income.
@danj8404
@danj8404 Жыл бұрын
You are so right on the current situation. Living in states that aren't into high spending and not living in cities may help as well.
@jeremymiller4261
@jeremymiller4261 Жыл бұрын
Great video Mike! Totally agree with your sentiment about the division among us. Instead of attacking each other we should spend more time holding politicians accountable. No accountability whatsoever in many cases.
@AZOFFGRID
@AZOFFGRID Жыл бұрын
Everything you said in this video is 100% correct. I'm impressed with the fact that you are not afraid to speak about it publicly. Don't worry about the negative comments and emails. They only wish to slow the spread of facts and truth.
@davemarsh6912
@davemarsh6912 Жыл бұрын
Hi Mike - agree 100% - (from the UK) My thoughts - stay debt free - and develop neighbourhood support - small balanced groups Excellent channel - Thank you
@gregforster5913
@gregforster5913 Жыл бұрын
Greg from northern Michigan. Inflation is Bad, unless your adding air to your car, truck, or tractor tires. Love your channel, content, and positive message.
@jonbryant7877
@jonbryant7877 Жыл бұрын
Without a drastic change in direction, this may end in a depression for years.
@pikelander7785
@pikelander7785 Жыл бұрын
Great video, thanks for putting yourself out there Mike.
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