Stagflation Means No Rate Cut Anytime Soon. The Fed is Trapped.

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maneco64

maneco64

Күн бұрын

#economy #recession #interestrates #dollar
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VIDEO CHAPTERS:
00:00 INTRODUCTION
00:40 MY CONTRARIAN PHILOSOPHY ON INDEPENDENCE, PARTY POLITICS AND TAXATION
05:19 HAVE ALL THE TAXES YOU'VE PAID BEEN WORTH IT?
08:58 WHAT THE PURPOSE OF GOVERNMENT SHOULD BE
11:19 IS THERE A WAY TO SAFEGUARD YOUR WEALTH WITH A LABOUR GOVERNMENT?
15:34 THE U.S. ECONOMY AND STAGFLATION

Пікірлер: 357
@rumpelstiltskin9768
@rumpelstiltskin9768 12 күн бұрын
When this channel started, Mario was "recommending" 80% in AU (all others were piddling with 5-10). I thought, "This guy has balls." Mario has spent the last nine years telling us the way it is. THAT task also necessitates informing Americans that they have lost their independence. That Mario does that on Independence Day shows that he still has balls. Now, if only similarly "equipped" people would run for office.
@maneco64
@maneco64 12 күн бұрын
@rumpelstiltskin9768 Thanks for the kind words. Arigato.
@cockyhemi-123
@cockyhemi-123 12 күн бұрын
I applaud it. I tell my fellow Americans all the time that cowardice is destroying this nation. I looked myself in the mirror years ago and saw the problem staring back.
@shadowbanned4days
@shadowbanned4days 12 күн бұрын
@@rumpelstiltskin9768 here here
@gregorygreene1940
@gregorygreene1940 12 күн бұрын
I began a diversified 403B in 1985 with employer match and since that time the DOW is up 31x. If I put that contribution in AU I'd be up 7x. That's a lot to give up. Not saying that gold/silver isn't a good investment but I would always want to stay well diversified. 80% all in one asset is just not a good idea to me. Right now I have a separate brokerage account for metal ETF's, miners, plus a little bit in IBIT for a crypto position. I'm happy piddling around at 7% of my net worth.
@shadowbanned4days
@shadowbanned4days 12 күн бұрын
@@gregorygreene1940 1985 and where we go from here.lol very different times
@999fine4
@999fine4 12 күн бұрын
If you are paying taxes to work and provide food for your family, you aren't free or independent.
@buy.to.let.britain
@buy.to.let.britain 12 күн бұрын
if you are working for paper currency other men create from nothing, you are actually a slave.
@christopherk140
@christopherk140 12 күн бұрын
The truth!
@1philliph
@1philliph 12 күн бұрын
BS. You need to rethink that.
@mac6452
@mac6452 12 күн бұрын
When you dont on your currency "debt" than you don't own your labor. When you dont own your labor you are a slave.
@cockyhemi-123
@cockyhemi-123 12 күн бұрын
I have to laugh every time the words “O’er the land of the free, and the home of the brave” are sung.
@Rayna93
@Rayna93 11 күн бұрын
The US economy is a powerhouse with a diverse range of sectors. The stock market and the dollar have traditionally been safe havens due to their long-term growth and stability. However, potential downturns are part of the economic cycle, and laws are in place to manage defaults and asset seizures. Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Sandy Barclays , whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
@Rayna93
@Rayna93 11 күн бұрын
Sandy Barclays program is widely available online..
@bongogames3992
@bongogames3992 11 күн бұрын
Exploring new investment opportunities demonstrates your proactive stance towards financial growth during these volatile times. Diversifying your portfolio can play a crucial role in effectiveIy mitigating risks..
@LucasToledo-bb5gm
@LucasToledo-bb5gm 11 күн бұрын
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.
@tarastruck
@tarastruck 11 күн бұрын
Recession are unavailable part of the economic cycle, all you can do is prepared for them and plan accordingly
@jchall12
@jchall12 11 күн бұрын
Sandy Barclays’s understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. Her siignals are top notch..
@ronbo30
@ronbo30 12 күн бұрын
The whole market is manipulated FACT.
@mw3516405
@mw3516405 12 күн бұрын
👍
@cheaplaughkennedy2318
@cheaplaughkennedy2318 12 күн бұрын
True and has been for a long time. Free markets died many years ago.
@NonConformist-ys4wr
@NonConformist-ys4wr 12 күн бұрын
The people are as corrupt as the politicians they vote for ..... word
@joerock1736
@joerock1736 12 күн бұрын
Manipulated by the federal reserve buying all the debt in the ten year bonds. We all know nobody wants that debt,especially not the Chinese or Japanese.
@kevinwilliams691
@kevinwilliams691 12 күн бұрын
100% of everything you do is taxed. To fund the bureaucrats and the banks.
@theinflationsituation8870
@theinflationsituation8870 12 күн бұрын
Become your own central bank. Thanks for calling it straight, Mario! The history speaks for itself.
@berndfloitgraf595
@berndfloitgraf595 12 күн бұрын
Mein Großvater pflegte zu sagen: „schaff und erwirb zahl Steuern und stirb“. Und er hatte recht!
@thephysicalsilverfox3474
@thephysicalsilverfox3474 12 күн бұрын
They won't tax gold and silver coins of the realm as they all own them. They'll be stitching themselves up.
@andrewmacomber1638
@andrewmacomber1638 12 күн бұрын
I am only one man 55 I have only one vote BUT I realized every ounce of silver I buy is another vote FOR sound money and economic freedom! I’m looking to cast my vote frequently and as often as possible!
@sreetips
@sreetips 12 күн бұрын
Doing the same thing over and over and expecting a different result is NOT the definition of insanity. It’s a symptom of insanity. The definition of insanity is: unsoundness of mind.
@stephenjones5465
@stephenjones5465 12 күн бұрын
Whatever ?
@oitzingerpeter
@oitzingerpeter 12 күн бұрын
Get those interest rates UP !!!
@svenhinrichsen458
@svenhinrichsen458 12 күн бұрын
Why do people do that? Because they would go to prison otherwise. Well, I stopped that all 2 Years ago by quitting my job, selling my house and boat and leaving my Country. It is incredible to see on how much less one can live without all that nonsense he once thought it was nice to have. I still own a small house were I live now, but I payed it cash and don't have any loans or mortgages anymore. Everybody should make this experience in his life, if you ask me. But very few will...
@bertiesworld
@bertiesworld 12 күн бұрын
Spot on.
@christopherk140
@christopherk140 12 күн бұрын
Scaling down and living 6 months a years in a small out of the country home…. Traveling also…. Most places love a tourist.
@chrispaul7849
@chrispaul7849 12 күн бұрын
that all sounds great but you leave your family and loved ones and live in loneliness
@lilblackduc7312
@lilblackduc7312 12 күн бұрын
Leaving the U.S. for another country is analogous to divorcing your spouse, only to marry someone else's ex-spouse.🤔😳
@christopherk140
@christopherk140 12 күн бұрын
@@lilblackduc7312 when Roman society was failing….. if you recognized the rot and moved to the eastern half of the empire ….. you had another just about 1000 years of secure living. I was the stupid kid who wanted to go to Vietnam…. The older man who went to the first Gulf war…… but now as an old man in a society I mostly disagree with…. It’s time to seek good weather … a freer environment where peace, prosperity and much less taxation takes place. I’m in the process of attempting a paradigm shifting approach to energy management….. hopefully my next location will benefit greatly from a productive citizen.
@shadowbanned4days
@shadowbanned4days 12 күн бұрын
This is getting bad.. its odd feeling,but you can actually feel the depression. It's a squeeze, suffocating intuitive feeling. Get prepared. Get armed
@goldismoney5899
@goldismoney5899 12 күн бұрын
Yes, I feel it too.
@martinluke9470
@martinluke9470 12 күн бұрын
Good evening Mario and Rudy. who looks very relaxed.
@PreampCnnsr
@PreampCnnsr 12 күн бұрын
Rudy looks comfy 😊
@maneco64
@maneco64 12 күн бұрын
@PreampCnnsr , He has no decorum!
@Ambassador_Gkar
@Ambassador_Gkar 12 күн бұрын
@@maneco64Just basking in the sun rays. If Rudy had no decorum, he would have widdled on that voting sign, Mario 😉. Maybe he's just shy in public 😁
@user-qo6lk5ec9f
@user-qo6lk5ec9f 12 күн бұрын
I love to hear the thoughts of a free thinker. Whether I agree with them or not.
@shadowbanned4days
@shadowbanned4days 12 күн бұрын
@@user-qo6lk5ec9f there are no slaves here.only free men.
@spljapan
@spljapan 12 күн бұрын
I like the Rothschild quote give me the control of monetary system..., I have been saying that for more than 14 years. It seems all the mature people around me dont even know the countries they are living in are not sovereign.
@mw3516405
@mw3516405 12 күн бұрын
Mario , G'Day congratulations to the Reform Party ! Better times ahead ! Thank you and hi Rudy 🐶
@peterwilson9327
@peterwilson9327 12 күн бұрын
Thank you, Mario, and happy Independence Day. Yes, indeed, we are free from King George's two percent tax on breakfast tea, but how exactly did we get to the 60% taxation rate we have today?? Is another revolution in order???😮
@cockyhemi-123
@cockyhemi-123 12 күн бұрын
Restoration. Not a Revolution. Believe me, you don’t want a revolution. We had one and what was installed was the greatest form of government ever devised by man. Unfortunately we weren’t vigilant as Thomas Jefferson told us to be.
@JustinTaylor1098
@JustinTaylor1098 12 күн бұрын
Morning Mario and Rudy
@andrew69novak
@andrew69novak 12 күн бұрын
American's independence ended earlier than that. December 1863 when congress passed laws of incorporation all citizens started to loose sovereignty and became subservient to money interests...
@lilblackduc7312
@lilblackduc7312 12 күн бұрын
That's right. A couple years after they plundered half the nation, they finished their Transcontinental Railroad. and the robber barons laughed all the way to the bank...
@kevinw9073
@kevinw9073 12 күн бұрын
Good morning! My coffee always tastes better listening to your presentation. I celebrated Independence Day on July 3 and bought MORE gold! My independence is keeping my hard-earned currency out of control of the Banks! I will celebrate again next week when I buy more silver AND gold! Party on!👍👍
@Sh311Sh0ck3d
@Sh311Sh0ck3d 12 күн бұрын
Good morning Mario and family 👍🇮🇪 Happy 4th of July 🇺🇸
@martinluke9470
@martinluke9470 12 күн бұрын
We have no choice not to give Mario. It is taken at source.
@mw3516405
@mw3516405 12 күн бұрын
Law in states 🇺🇸 pay taxes or go to prison !
@Ambassador_Gkar
@Ambassador_Gkar 12 күн бұрын
​@@mw3516405 Actually, that's not correct, according to an interview, I saw with an Iranian lawyer immigrant, who hasn't paid taxes, in the USA, for over 30 years. Been taken to court multiple times, by the IRS, & won everytime. As it's written in the US Constitution unless you live in WashingtonDC, or work in the Federal Government, you are _not_ required to pay income tax. It's been _redacted,_ hint! Channel.
@revpgesqredux
@revpgesqredux 12 күн бұрын
They can't afford to put everyone in prison and their pimple powered conscience curtailing false god following care cremation will not help them confront anything directly.... They're wrong about everything. Their ideas are their greatest weakness
@MM12684
@MM12684 12 күн бұрын
Become your own source. Nobody said you have to sign the back of daddy’s check all your life
@iriscrocus1717
@iriscrocus1717 12 күн бұрын
Any President that comes along and wants to abolish the FED will be taken care of. Also applies if he/she wants to question. Wall st, Pentagon and Israel.
@jamesbrannick528
@jamesbrannick528 12 күн бұрын
“It doesn’t matter who you vote for the government always gets in!” 😂😂😂
@allen_p
@allen_p 12 күн бұрын
When the people are afraid of the government, that's tyranny. When the government is afraid of the people, that's liberty - Thomas Jefferson
@jasonwarner9595
@jasonwarner9595 12 күн бұрын
Good morning
@JulioFastcruise
@JulioFastcruise 12 күн бұрын
I watched a George Gammon and Hugh Hendry carpool and Hugh was remembering he lost and opportunity with 2007 Fed cut. He thought there was no way the Fed cuts at an all time high but he said the Fed is like the scorpion on frogs back. "Mr. Fed why did you cut at an all time high. Because we were born that way"
@davidcoard1978
@davidcoard1978 12 күн бұрын
Nietszche, " The State is a monster that lies with every breath".
@I-am-not-a-number
@I-am-not-a-number 12 күн бұрын
Vote Reform
@mw3516405
@mw3516405 12 күн бұрын
👍
@cockyhemi-123
@cockyhemi-123 12 күн бұрын
Don’t vote.
@gordonhamilton727
@gordonhamilton727 12 күн бұрын
That's a shame it means you have no right to complain regarding how you are governed. @@cockyhemi-123
@FredJones-lo2df
@FredJones-lo2df 12 күн бұрын
Voting says I approve of our rulers selection of the clown I vote for.
@des_smith7658
@des_smith7658 12 күн бұрын
Every wog's gonna vote Labour I'll bet
@robertbunnell9590
@robertbunnell9590 12 күн бұрын
No rate cut because of government spending
@allahdinosamo7654
@allahdinosamo7654 12 күн бұрын
" Bourgeoisie democracy is the dictatorship of the rich " Revolutionary communist party of UK😊
@mw3516405
@mw3516405 12 күн бұрын
States 🇺🇸 are No better !
@markmewordz6860
@markmewordz6860 12 күн бұрын
Revolutionary communists tend to have a handle on dictatorship ;]
@revpgesqredux
@revpgesqredux 12 күн бұрын
Anyone stupid enough to consider communism for more than 10 minutes is the problem
@revpgesqredux
@revpgesqredux 12 күн бұрын
Anyone stupid enough to consider communism for more than 10 minutes is the problem. Dupes and ruthless thugs and the mediocre among the scholars.... They are many Marximoronic evil losers.
@lowbloodprsure
@lowbloodprsure 12 күн бұрын
It makes perfect sense. During hyperinflation economic collapse, stock markets rally to the moon.
@These-times-are-awesome
@These-times-are-awesome 12 күн бұрын
And realestate 🎉
@paulk9056
@paulk9056 12 күн бұрын
In Canada I earn $100.00 and pay 33% income tax. Then I buy $67.00 of fuel and pay 48% fuel tax. That is $32.16 +6.70 GST. This means that the government just got $71.86 from my hard earned $100.00. Time for change. Lets go Nigal.
@ericknaus4998
@ericknaus4998 12 күн бұрын
Thx Mario and same to you! You’re part of my morning routine
@A.Gardener
@A.Gardener 12 күн бұрын
Good morning Mario
@maneco64
@maneco64 12 күн бұрын
Good morning @A.Gardener
@A.Gardener
@A.Gardener 12 күн бұрын
@@maneco64 I have been buying Silver Proof £1 coins recently. I've a few different 1oz coins and I've been collecting our old Pre 1947 coins as well. It's strange to me that people will tell you that there is no Silver Sovereign ( I have one. A real silver sovereign with George and the Dragon on one side and the Queen on the other, it's 925 Silver and it was bought from the London Mint. As Sovereign coins , the gold ones are £1 coins then why is it that the Silver Proof £1 coins are not recognised as Silver Sovereign coins when they technically are, besides the design and of course they are not gold but still they are, or were legal tender and say One Pound on the coin. It's just something that I have been curious about since I googled Silver Sovereign and was told there's no such thing and I was probably mistaken and was looking at a Crown. This is not the case, besides the £1 Silver proof coins I am talking about I really do have a Silver Sovereign.
@A.Gardener
@A.Gardener 12 күн бұрын
@@maneco64 KZbin seems to have removed my comment. I had ask a question about " Silver Sovereign" coins. It's strange that there was anything said about Silver coins that would cause alarm lol KZbin is becoming paranoid and ridiculous.
@maneco64
@maneco64 12 күн бұрын
@@A.Gardener You mean Silver Britannia coins? Sovereigns are gold coins.
@A.Gardener
@A.Gardener 12 күн бұрын
@@maneco64 yeah, but no lol. I'm taking about the Silver £1 proof coins. They are about 9.5 grams 925 Silver.
@james6401
@james6401 12 күн бұрын
I'm Irish and I was back in the UK recently just as a tourist mind you. Believe me you get quite a good system for your taxes. Can't complain in Ireland in the grand scheme of things but my partner and I really felt the gap - the UK is a first world country, Ireland isn't. We have a lot here but we're way behind in many things.
@revpgesqredux
@revpgesqredux 12 күн бұрын
Irish being erased and displaced in the country they call home.
@A-RonHubbard
@A-RonHubbard 12 күн бұрын
Mario - what do you think happens to the stock market and housing market once they finally get the message that there are no rate cuts on the horizon? Not to mention that record length of time with the inverted yield curve.
@helenkessler6012
@helenkessler6012 12 күн бұрын
As i spin up my little homestead i need less and less from the gov thanks Mario.
@johnjeffries6207
@johnjeffries6207 12 күн бұрын
Great video, thank you
@julienbengkee5422
@julienbengkee5422 12 күн бұрын
Your no choice by design or not is... Inflation of 2% annually... Or mandatory tax to keep you fed housed n safe... Happy independence guys! You will own nothing n be happy...quote
@BlueWaterSTAX
@BlueWaterSTAX 12 күн бұрын
Well done Sir Mario 👍
@d3877
@d3877 12 күн бұрын
Mario, here’s something interesting. If you take the median family income after taxes and inflation, this income is actually going down. It is currently around $27,000. So while income goes higher, your purchasing power is going lower. There is no denying that they are repricing the labor market for better or worse to align with the reset of the economy from the Bretton Woods system to this new multi-polar system being led by China.
@robthomas2137
@robthomas2137 12 күн бұрын
Mario , don't you think the Fed will HAVE to cut official rates ? Without it , the banks are at risk and indeed the whole pack of cards could come crashing down . Indeed they are already artificially depressing Treasury yields by buying their own debt ! Isn't that a way to cut rates ? Best wishes , Rob Thomas .
@bwb207
@bwb207 12 күн бұрын
Not only did they create the fed, in the middle of the night without a legal Quorum; they established the IRS. Most people think their income tax is paid to the US government corporation. It is not. It goes to the federal reserve. The IRS was created as the collection agency for the federal reserve; not US government, inc. The federal reserve is a private corporation with private shareholders. I believe the British monarchy is one of those shareholders.
@josefIL
@josefIL 12 күн бұрын
They are already cutting rates effectively by record debt buying etc
@sarahmark7682
@sarahmark7682 12 күн бұрын
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️
@larryhenry2070
@larryhenry2070 12 күн бұрын
I'm 37 and have been looking for ways to be successful, please how??
@sarahmark7682
@sarahmark7682 12 күн бұрын
Sure, the investment-advisor that guides me is..
@sarahmark7682
@sarahmark7682 12 күн бұрын
Mrs Kathy lien
@andrewmikel7034
@andrewmikel7034 12 күн бұрын
Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!
@harveyoscar2925
@harveyoscar2925 12 күн бұрын
😱Sounds familiar, I have heard her name on several occasions.. and both her success stories in the wall Street journal!
@sindyk1000
@sindyk1000 12 күн бұрын
Excellent video it really knows how bad you're being abused with taxes why do we put up with this
@QuaaludeCharlie
@QuaaludeCharlie 12 күн бұрын
Good Morning Mario and Rudy , Happy Independence Day :) QC
@maneco64
@maneco64 12 күн бұрын
Good morning!
@Kaatu-barada-nikto
@Kaatu-barada-nikto 12 күн бұрын
Stay the course Mario. Truth must be told.
@lukewarme9121
@lukewarme9121 12 күн бұрын
It’s not the votes, it’s who counts the votes.
@BeeKaye
@BeeKaye 12 күн бұрын
There’s no way they CAN cut rates.
@powerconversionlimited4013
@powerconversionlimited4013 12 күн бұрын
Rudy is so incredibly relaxed, lol 🤗
@drewstead316
@drewstead316 12 күн бұрын
"we have a duty to disobey unjust laws" Martin Luther King Jr
@lilblackduc7312
@lilblackduc7312 12 күн бұрын
More people should get familiar with Dr. King
@KimJimCastro
@KimJimCastro 12 күн бұрын
Thanks to you Mario. Following your recommendation, I started researching into Abby Joseph Cohen Services. Thankfully it was a little over a year ago now, I started an lnvestment with Abby's Services and that allowed me to be on much MUCH more stable ground in the face of global financial upheaval. So thank you, your channel, and your employees. For what it's worth, it made a difference for me and my little family.
@FerdinandoAmbrosanio
@FerdinandoAmbrosanio 12 күн бұрын
Same here, I got to know about Abby Joseph Cohen Services from Mario in 2020. Since then I've paid off 160,000 USD of debt. Now I'm working on building an emergency fund. I didn't even have a savings account three years ago.
@Merissabade
@Merissabade 12 күн бұрын
How can i reach this abby Joseph Cohen, if you don't mind me asking?
@FerdinandoAmbrosanio
@FerdinandoAmbrosanio 12 күн бұрын
​@@Merissabade Well her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
@RAKelBerquist
@RAKelBerquist 12 күн бұрын
Great share! Out of curiosity, I searched Abby Joseph Cohen Services online, found her consulting page ranked at the top, and scheduled a call session. I've read many reviews about advisors, but none seem as impressive as hers.
@Merissabade
@Merissabade 12 күн бұрын
​@@FerdinandoAmbrosanio Thank you for this tip. I just looked the name up, wrote to her through her webpage and booked a session..
@dognamedDooley
@dognamedDooley 12 күн бұрын
Rudy looks like he’s sleeping off a bender at the pub the night before
@redeoghan
@redeoghan 12 күн бұрын
"Why do people do that?" - Why do people hand over protection money to the mafia?
@cockyhemi-123
@cockyhemi-123 12 күн бұрын
Because most are cowards. History tells us so. And so does human nature.
@ASC63Funky
@ASC63Funky 12 күн бұрын
If you keep doing the same thing and expect a different outcome this is the action of a fool . good saying. it was not Einstine... it was Rita Mae Brown. In her 1983 book Sudden Death, Brown attributes the quote to a fictional ‘Jane Fulton’.... it is my pleasure to pass some wisdom back to you Mario consider it a down payment on what you have taught me ..... many thanks
@KB-uj8vk
@KB-uj8vk 12 күн бұрын
Thank you, Mario.
@silver-lovinglou429
@silver-lovinglou429 12 күн бұрын
We in the U.S. have been heavily brain-washed and dumbed down by the Rockerfeller education system put in place many years ago... about the same time the Bankers took over. Call it a coincidence if you like but I think the agenda has been running for a long time. That's one reason people aren't taught about money. But people are waking up to the truth and it's a beautiful thing - all part of The Great Awakening! Thanks for doing your part, Mario, greatly appreciated!
@user-xk9jw6gh2j
@user-xk9jw6gh2j 12 күн бұрын
❤ мы россияне скучаем по коммунизму хотим обратно в СССР с плановой экономикой Горбачев всех нас обманул мы идиоты что поверили Горбачеву
@alostpilgrimsjourney5953
@alostpilgrimsjourney5953 12 күн бұрын
Vote REFORM and save Jolly ole England 🇬🇧 and the whole bloody world as well.
@yalcinceylanoglu4482
@yalcinceylanoglu4482 12 күн бұрын
Thanks, Mario ❤❤❤
@DarrenSmith-tq2xz
@DarrenSmith-tq2xz 12 күн бұрын
Thanks for the great content once again God bless you mareo love the chanel your a true legend
@awaw20062006
@awaw20062006 12 күн бұрын
Hi there, I know that you are a Brit living in Switzerland and I want to ask about how to lodge a complaint. I recently experienced a tourist trap about Swiss railway (SBB) who tend to indiscriminately fine passengers who activated the Swiss pass just a little bit late with excessive fine. I was handed a 158 CHF fine ticket by the ticket controller without even asking me any question (e.g. if it was I first time). Later, I found out the abusive habit of SBB ticket controllers from many internet groups and decided to make an in-person trip to the SBB office to complain (as the SBB tel line is always engaged). The funny thing was the staff in SBB office after hearing my case immediately and apologetically reduced my fine to 0 CHF (only 30CHF for admin fee). Instead of having time to sight-seeing, I spend a lot of my time in Switzerland complaining to SBB. This not only wasted a lot of my time but leave a really bad taste in my mouth. Any idea how I can complain it to the senior management of SBB?
@kashifgul5110
@kashifgul5110 12 күн бұрын
inflation is a tax
@maneco64
@maneco64 12 күн бұрын
@kashifgul5110 , Yes it is the hidden one and that is why the Central Banks need to be abolished because ony they can create currency out of thin air.
@user-xk9jw6gh2j
@user-xk9jw6gh2j 12 күн бұрын
​@@maneco64вы наивный человек раз считаете что при капитализме вам дадут упразднить центральный банк , мой вам совет стройте коммунизм с плановой экономикой совет мой от россиянина родившегося в ссср
@maneco64
@maneco64 12 күн бұрын
@@user-xk9jw6gh2j I never mentioned capitalism I mentioned free market and the rule of law. Communism did not work that well in the Soviet Union either.
@Jennaswirly
@Jennaswirly 12 күн бұрын
I hope we learn our lesson from what is about to happen to the world, and we don’t let the lunatics take over the asylum again. Deception, manipulation and greed need to stop. We need to find our virtues and compassion to move forward.
@Quadman72
@Quadman72 12 күн бұрын
Thanks Mario and Rudi
@williamblair2934
@williamblair2934 12 күн бұрын
Mario, This won’t end until this fiat system collapses. The reason that I strongly believe this is due to the number of people that are directly or indirectly on the government tax dole. We could cut 90% of government jobs and be so much stronger after the correction. I call the majority of government jobs “Workfare”. They go to “ work” to get their welfare check. It gives a false sense of producing for them when they are not producing but are sadly parasitic.
@drewstead316
@drewstead316 12 күн бұрын
Lumber is at all time lows meaning mills will go out of business before home builder demand goes up, and demand won't go up until the people have money. 5% is killing the economy. I'm predicting 40-60% Deflation followed by 12-24% inflation.
@jimumble6355
@jimumble6355 12 күн бұрын
Your awesome because of your contrarian views. Thanks, Mario. I want the truth as best you can do , you do the research that can't be beat 💯. Thanks Pal.👍
@waydwnbama-way3089
@waydwnbama-way3089 12 күн бұрын
Thanks for the Truth, Mario. Someone said " Plan talk is easy Understood "
@DavidG-qe7yn
@DavidG-qe7yn 12 күн бұрын
Thanks Mario 😎
@islandaerial3414
@islandaerial3414 12 күн бұрын
I used that balance when I bought my Maples. They all checked out
@rumpelstiltskin9768
@rumpelstiltskin9768 12 күн бұрын
regarding taxes, here PMs are subject to "consumption tax" of 10 percent. Mario knows the PM prices in yen. Slap 10% on that and who can afford to stack. On top of that they are subject to cap gains. The gov't has been encouraging people to invest in stocks. One can imagine a future raising of cap gains taxes and maybe a lux tax on pms. Gotcha by the short and curlies.
@povarful
@povarful 12 күн бұрын
Rate cuts are coming Mario,but they won't help to stabilize economy. We are in severe depression
@deborahmiller8933
@deborahmiller8933 12 күн бұрын
Greed is the Motive, for the wishing, on a Rate Cut.
@zipperfixer7007
@zipperfixer7007 12 күн бұрын
I pay taxes when I’m dead.
@zipperfixer7007
@zipperfixer7007 12 күн бұрын
But not with silver and gold.
@everettrichard7352
@everettrichard7352 12 күн бұрын
"You can't tax money "....wait for it.😂
@niza.5179
@niza.5179 12 күн бұрын
I love your quotes!!
@jimmyhat3438
@jimmyhat3438 12 күн бұрын
Called this years ago now stagflation for a decade, again
@richarddobosz6174
@richarddobosz6174 12 күн бұрын
Hello from australia
@silverdrillpickle7596
@silverdrillpickle7596 12 күн бұрын
Asking us to add up every tax we pay was an eye opening exercise!! 👍
@FredJones-lo2df
@FredJones-lo2df 12 күн бұрын
In USsa we live at the benevolence of our rulers, serfs/slaves of the rulers.
@stephenjones5465
@stephenjones5465 12 күн бұрын
The fed is helping Japans bond market by buying them. Yellon was there 3 times to set it up. This way Japan won’t sell the US treasury’s they have
@toretawal
@toretawal 12 күн бұрын
Stagflation will just be “transitory” according to the Fed..
@JM-si8xr
@JM-si8xr 12 күн бұрын
Bank of England or should it be renamed Bank of Rothschild.
@robblaskovic1973
@robblaskovic1973 12 күн бұрын
Good morning Mario from Toronto 👍🏻
@maneco64
@maneco64 12 күн бұрын
Morning!
@user-ni4ql2ip9k
@user-ni4ql2ip9k 12 күн бұрын
I live in South East Asia. I quit (mandatory) contribution to social security fund as soon as I was qualified to leave and withdrew my money out of that fund. I absolutely agree with you. I am not a fan of socialism.
@DarrenSmith-tq2xz
@DarrenSmith-tq2xz 12 күн бұрын
We only have taxation without representation that's what we have happy 4th of July to all American people 😊
@ILLUMINATOR49
@ILLUMINATOR49 12 күн бұрын
MARIO🤔YOU SAY TAX MONEY-no no THEY SAY “ tax wealth “ your metals are wealth 🤔😢
@TonyL-gw4qx
@TonyL-gw4qx 12 күн бұрын
Tell you what I think? Wow!
@markstubbert7679
@markstubbert7679 12 күн бұрын
If the Treasury's borrowing requirement continues to expand dramatically, then the Fed will have no choice but to monetize it at a much higher level (especially if a global war breaks out), since I doubt there will be many foreign takers. I suspect this will force yield curve control to avoid federal government bankruptcy from rapidly rising rates. So you might be right that interest rate cuts won't happen anytime soon, but with the next leg up in inflation makes it moot, since the real rate of interest will be plummeting.
@normal_norm2627
@normal_norm2627 12 күн бұрын
Mario, I like the chapter breakdown.
@drewstead316
@drewstead316 12 күн бұрын
If a nation cares about it's people and wants them to prosper they invest heavily in education and then they don't need to be told what to do
@tfalani3861
@tfalani3861 11 күн бұрын
Now it’s time to take back the creation of money f
@joanndiaz3425
@joanndiaz3425 12 күн бұрын
🪙 Good Morning Mario! 🪙
@millycarrington
@millycarrington 12 күн бұрын
Rudy is well chilled out at the beginning!!
@abrahams.lincoln6749
@abrahams.lincoln6749 12 күн бұрын
Hi Rudy. You are a very good boiiiii. 👍🇺🇸
@PonziZombieKiller
@PonziZombieKiller 12 күн бұрын
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