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The Cantillon Effect Has Led to Massive Wealth Inequality and Populism.

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maneco64

maneco64

Күн бұрын

#money #currency #inflation #banking
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Пікірлер: 231
@StephanieMiller-o1h
@StephanieMiller-o1h Ай бұрын
*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides.*
@StephanieMiller-o1h
@StephanieMiller-o1h Ай бұрын
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.
@Celestine-ib9ex
@Celestine-ib9ex Ай бұрын
Interesting! But I'm new here. How can I get to this person's guidelines??
@StephanieMiller-o1h
@StephanieMiller-o1h Ай бұрын
SHE IS ON TELEGRAMs
@StephanieMiller-o1h
@StephanieMiller-o1h Ай бұрын
@LauraGil52 That's it >>>>>>
@MuchParrill
@MuchParrill Ай бұрын
She's the best honestly I'm also a beneficiary. This inflation has taught people the importance of multiples income investment
@JamesBond-vg6wz
@JamesBond-vg6wz Ай бұрын
As the worlds elite descend on mumbai for the unbelievable 250 million pound wedding, we can only look on in shock and disbelief at the sheer lunacy as the world teeters on the possibility of self destruction...Sad times..🙏🌍
@seabreeze4559
@seabreeze4559 Ай бұрын
Finance is a bloated tic on the REAL economy of production.
@jakobausterlitz8102
@jakobausterlitz8102 Ай бұрын
​@seabreeze4559 there is no real economy.
@davidcoard1978
@davidcoard1978 Ай бұрын
Nice to see 'left wing' Tony Blair is attending the event. The thousands of dead Iraqi civilians will not.
@nyquil762
@nyquil762 Ай бұрын
​@jakobausterlitz8102 Agreed. There is no price discovery either. It's all based on what the money printer deem valuable.
@rubies200
@rubies200 Ай бұрын
In the days of Noah, it is written that men wed, drank, ate, and partied with abandon. They looked up and saw that the sky was serene, and laughed at Noah. Then one day, sheets of rain fell out of the sky. And it went on for *years* . This wedding put me in mind of God's warning to Noah. The Bible is a great economic indicator.
@jasonaris5316
@jasonaris5316 Ай бұрын
The Cantillion effect was even witnessed in the Gulags and concentration camps Those who were nearer the kitchens had a better chance of survival as they got to the food first
@lilblackduc7312
@lilblackduc7312 Ай бұрын
Inmates have a similar experience in jail/prison.
@seabreeze4559
@seabreeze4559 Ай бұрын
@@lilblackduc7312 how so?
@lilblackduc7312
@lilblackduc7312 Ай бұрын
@@seabreeze4559 Kitchen duty is good work, if you can get it!
@Sh311Sh0ck3d
@Sh311Sh0ck3d Ай бұрын
​@@lilblackduc7312being kitchen staff gets you off the landing in the morning before everyone else, has lots of perks nowhere else in prison does. They are also the last back on the landing so they do a lot less time than some of the screws. So I heard.
@lilblackduc7312
@lilblackduc7312 Ай бұрын
@@Sh311Sh0ck3d A close friend told me the same, Lol
@maureenleckie6216
@maureenleckie6216 Ай бұрын
I’ve just this minute watched George Orwell’s Animal farm, nothing has changed as far as the elites stance.
@fullofhope2222
@fullofhope2222 Ай бұрын
the observations from writers through history should have been taken more seriously I guess - I read Animal farm 50 years ago, the Wizard of Oz too..... It was there for us - even as children.
@lilblackduc7312
@lilblackduc7312 Ай бұрын
Now, may I highly suggest you watch "Soylent Green" for the story line & lifestyle the characters live? (aside of the fact, Soylent's origin ;-) A forgone conclusion is that you've already watched George Orwell's "1984".
@fullofhope2222
@fullofhope2222 Ай бұрын
@@lilblackduc7312 watching 1984 was bad - reading it was terrifying - I think I remember an old movie where he screams - 'its people..' is that Soylent green - have you watched SNOWPIERCER the movie, not the follow on series.
@maureenleckie6216
@maureenleckie6216 Ай бұрын
@@lilblackduc7312 Yes,I’ve watched “Soylent Green” several times and the point is made that ordinary people must always make sacrifice’s for the elite.
@maureenleckie6216
@maureenleckie6216 Ай бұрын
@@fullofhope2222 No I haven’t,but now I will-have a good day.-
@peterdaniels1199
@peterdaniels1199 Ай бұрын
In the USA the war will start in November. We the people are getting tired... Love your show.Makes the brain work
@1MrErling
@1MrErling Ай бұрын
before november
@shanesprecher8290
@shanesprecher8290 Ай бұрын
If you've ever seen how chimpanzees go to war it's brutal, we're worse. Once it starts here it will start to spread everywhere all over the globe. Eventually it gets so bad even your neighbors become your worst enemy. All because of opinion editorial tv, talk radio, social media and the troll farms boadcasting hate over the years. I don't think the world knows what its gotten itself into.
@user-sj7fu6es3y
@user-sj7fu6es3y Ай бұрын
And when do you ever hear any of the presidential candidates say anything about the federal reserve
@CaptTony107
@CaptTony107 Ай бұрын
They wouldn't dare. It would end their rise to power.
@user-sj7fu6es3y
@user-sj7fu6es3y Ай бұрын
@@CaptTony107 Basically JFKed
@nyquil762
@nyquil762 Ай бұрын
Nailed it💯
@A-RonHubbard
@A-RonHubbard Ай бұрын
Someone needs to share this information and the solution with Simon the "uneducated" economist. He talks about the Cantillon Effect until he's blue in the face, but at the same time he's the biggest dollar bull and Federal Reserve apologist there is. Figure that one out.
@nyquil762
@nyquil762 Ай бұрын
Perfect comment. I hate to say it, but if Simon went to college, he would know the Fed is full of it because college is full of it.
@vincentyeo88
@vincentyeo88 Ай бұрын
Now he's talking about the falling lumber prices. 🙃🤣
@bwalsh6992
@bwalsh6992 Ай бұрын
Mario been with u from the beginning, Never once have i failed to give u a thumbs up ...U sir have a handle on it ..
@ccliaKUN
@ccliaKUN Ай бұрын
The key is risk analysis. The markets are and has always been unpredictable. Thus the important point is not how much one might make but what one could lose. trading and holding on speculative stocks/Crypto and even great stocks can test ones ability in the arena of our ability to control ones loss aversion bias…buy high sell low…The market is overvalued by almost all measures like the CAPE and Buffett indicator. Speculation is high with things like meme stocks (are they dead yet?), our kitty dude, Ai dreaming and all.... It is all about how much one can lose during times like these. Does that mean don't invest, of course not but one must access the risk and have a way out if the tide goes out.....I've been engaged in active trading and managed to grow a nest egg of around 2.6B'tc to a decent 24B'tc....I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
@ccliaKUN
@ccliaKUN Ай бұрын
Sandy Barclays program is widely available online..
@fastbadger9490
@fastbadger9490 Ай 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..
@kangmaximsub3622
@kangmaximsub3622 Ай 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.
@JavierJumbo-jn6jg
@JavierJumbo-jn6jg Ай бұрын
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
@hrncir39
@hrncir39 Ай бұрын
Recession are unavailable part of the economic cycle, all you can do is prepared for them and plan accordingly.
@pieceofjade4279
@pieceofjade4279 Ай бұрын
Populism proceeds from good intentions (protecting your own country's population); it quickly goes wrong when populist strongmen can convince their people that looking at envy towards your neighbor or scapegoating your neighbor leads to violence against the other (nationalistic chauvinism). The evils of Populism can be curtailed with an isolationist worldview. But since the turn of the 20th century, the U.S. has always fell sucker to their leader's appeal to get involved (foreign entanglements) when our founding fathers clearly advised against this.
@rubies200
@rubies200 Ай бұрын
No, that's Bolshevism. It has always been Socialism, Communism, and Bolshevism that taught people to detest the middle class. And all the while, that ideology carried out atrocities in the name of workers.
@Ofelas1
@Ofelas1 Ай бұрын
Friends of the Banks get funds earlier, at better conditions and larger amounts - guaratee to be successful. See those who have the contacts, any correlation visible?
@Applepie409
@Applepie409 Ай бұрын
Croaney capitalism what do you expect. You can accumulate a lot of money that way without working hard. Resulting populism arising from this is hardly surprising! People are just trying to maintain a standard of living or even just trying to survive. Changes have been too rapid and the shift rapid. Authority has been repressive and demoralizing without any sign of meaningful change. This is going to be painful! I don’t need to be an economist to know this.
@flakieflake9616
@flakieflake9616 Ай бұрын
I don't think it's that simple. Print and spend generally has been a Left wing thing, as per the Biden 'administration' spending $1Tn every 100 days
@nyquil762
@nyquil762 Ай бұрын
Nailed it 💯
@FelixTheCat69
@FelixTheCat69 Ай бұрын
Unfortunately, Mario, we cannot go back to Constitutional money because we are an importing nation. We don’t produce anything anymore, and if we went back to sound money, we would quickly become impoverished, and we wouldn’t have the funds to invest in production, which would take lot of time. There is no perfect system, but the currency does have to be flexible. The best solution would be to start over with a currency reset and go through the same process all over again. If we had a large enough reserve of gold and silver, perhaps that could be the basis once more, but we would be exporting that gold at a very high rate at first.
@divinelycreated4him
@divinelycreated4him Ай бұрын
Perhaps if those in charge of running the country. Would stop printing money for nefarious activities in other nations?
@robmcilroy2911
@robmcilroy2911 Ай бұрын
Hence my belief that the uk is going to have a very hard time presently. The upcoming few years will expose this fraud to the rest of the world and what comes of it will not be pretty. Get out of the cities ,pay off debt,plant a garden. Futures so bright😎
@jameskeefe1761
@jameskeefe1761 Ай бұрын
Currency reset? If thats hyperinflation it would result in the final destruction of the poor and middle class and a communist revolution because of the resulting explosion of poverty and wealth consolidation on steroids that results from hyperinflation. If you been basically blowing up the dollar reserve currency, that means basically bringing back a lot of low paid factory slave wage workers to the US. Who do you think actually works in factories in China. Or, you can pay people a lot more to work in factories but you also end up with wealth consolidation because only a wealthy few can afford the products. I dont know if you are a trickster or just naive. The solution is to encourage more investment into assets by middle and low income groups because what actually drives inequality is you have some who invest and others who do not. And the way to do that is abolish Social Security retirement and have people invest their 15% FICA into a Family IRA for their parents retirement which are property of their family and which they can later inherit, building multigenerational family wealth.
@rubies200
@rubies200 Ай бұрын
​@@jameskeefe1761And get rid of Federal regulations which stifle the organic growth of businesses.
@snowyowl6892
@snowyowl6892 Ай бұрын
@@rubies200 the more rules and regs … the less function ..⬅️ elementary, my dear Watson ..
@ddprepper5227
@ddprepper5227 Ай бұрын
Excellent report thumbs up 👍👍👍👍👍👍👍👍👍😎
@maneco64
@maneco64 Ай бұрын
Many thanks!
@BlueWaterSTAX
@BlueWaterSTAX Ай бұрын
Well done Sir Mario. Can't wait for the Sunday stream 👌
@wayneshinton1837
@wayneshinton1837 Ай бұрын
Thank you for all your work.
@jes3013
@jes3013 Ай бұрын
Thank you Mario for another excellent presentation. Greetings from Florida.
@jimmysunday124
@jimmysunday124 Ай бұрын
Thanks for all of the useful content!!!
@iamericandavinci
@iamericandavinci Ай бұрын
Basically, Greenspan was a failed musician. We should have had John Lennon dictate our monetary policy, based on that criteria. His analytics were dubious at best and have led to our ungodly economic system of shame.
@lilblackduc7312
@lilblackduc7312 Ай бұрын
It's funny you mention that. The dope that is the Chair of Economic Advisors earned a similar education. "Bernstein graduated with a bachelor's degree in music from the Manhattan School of Music where he studied double bass with Orin O'Brien.". -Wikipedia Of course, he also attended Columbia University where they ALL embrace the "Cloward-Piven Strategy".
@moderate1452
@moderate1452 Ай бұрын
“I don´t like the subtle infiltration of `something for nothing´ philosophies into the very hearthstone of the family. I believe that `Thou shalt earn the bread by the sweat of thy face´ was a benediction and not a penalty. Work is the zest of life; there is joy in its pursuit.” “If the government is big enough to give you everything you want, it is big enough to take away everything you have.” It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Love ZA
@andreavandekleut6379
@andreavandekleut6379 Ай бұрын
can I hire you for $1,00 an hour?to go to work for me?
@alostpilgrimsjourney5953
@alostpilgrimsjourney5953 Ай бұрын
Attribution is demanded.
@nyquil762
@nyquil762 Ай бұрын
Perfectly stated.
@bigqueue
@bigqueue Ай бұрын
Your last sentence Mario worries me, not because I don't understand what you're saying, but because out of that will come a universal basic income. I think the problem with the universal basic income is simply that it will hide the sins that will still remain and continue at those upper levels. It's just a way to placate the masses and to at the same time lower productivity.
@vapeking466
@vapeking466 Ай бұрын
The US is working on a CBDC as you read this. They are working with ripple labs on our future enslavement. We will be penalized for using too much carbon. They could even stop your pay until your Carbon score improves. Basically look at China today and imagine that here by 2030 if not sooner.
@9libertybell
@9libertybell Ай бұрын
Society will not survive if people have no incentive to be successful. Fertility rates may never recover.
@alostpilgrimsjourney5953
@alostpilgrimsjourney5953 Ай бұрын
Mario - you must address the charge laid against you.
@divinelycreated4him
@divinelycreated4him Ай бұрын
I agree with you. I don’t like the government being able to continue these horrible policies.
@vincentyeo88
@vincentyeo88 Ай бұрын
Bread and circus is going to keep all the plebs happy. The distribution of stimulus checks was the trial run to the universal basic income.
@DarrenSmith-tq2xz
@DarrenSmith-tq2xz Ай бұрын
Thanks mareo for this great content see you in the live stream with you and Clive God bless you and Clive
@nmatthew7469
@nmatthew7469 Ай бұрын
About ten years back someone found an ATM receipt left behind at a bank on Long Island, it showed a $100 million balance. 😂
@vincentyeo88
@vincentyeo88 Ай бұрын
Oh, wow! I hope that person kept the receipt as a souvenir because it could be sold as a collectible item. 💰
@johnboettger864
@johnboettger864 Ай бұрын
Boy was I lucky. I got to hear the car under water ad and I ordered the save my ass gadget for when I'm under water in my car. Which is at least three times a month.
@mw3516405
@mw3516405 Ай бұрын
Mario , Everyone have an amazing weekend ! Great report ! Thank you! Rudy 🐶 !
@polypoly7966
@polypoly7966 Ай бұрын
Excellent video. However you are dealing with shares of the pie, not how much pie a group get. I would rather have a slice that is 1% of the top persons slice in a big pie state, than equal shares in a dirt poor state. The real test is, is the pie growing, and do those at the bottom improve with time? Once every generation could look to improve on the past. That has stopped. The idea of mum and dad in their own home shows whether we are making progress. If youngsters cannot realistically pair up, and build an old style home life to raise children then we are definitely going backwards.
@countrysister700
@countrysister700 Ай бұрын
My US business degree was standard issue 1970's Keynsian indoctrination. But thank God for my new Masters of Economic Truth awarded by Professor Maneco, signed by clerks Billy and Rudy 😂🎉👩‍🎓🎓🪙🪙
@vincentyeo88
@vincentyeo88 Ай бұрын
Professor Maneco has a teaching post reserved for him at the London School of Economics.
@robmirich3281
@robmirich3281 Ай бұрын
Mario, I dig your channel (as well as some other channels in the precious metals "vein"). Please keep up the good work. Regarding the "far right" and "far left" movements. I am really not sure what this really means. I think the MSM says that "far right" is bad. Racist and somehow associated with Nazi ideas. Thinking more and more the emphasis on dividing people is of utmost importance to the MSM and the elites. A long time ago, the French would say "Liberty, Fraternity, Equality" (in their own language). There is no more France anymore. It has been broken. Thinking that Germany died about 15 years ago and is being subjected by the globalist even more now. The UK is likely to fall next as saying a "bad word OR a bad set of words...like a sentence that communicates and idea" could end up in imprisonment. Not sure how the USA will work out. The numbers look bad. The finances. A 'least dirty shirt' is still dirty. There is no honesty anymore. I started my silver and gold journey in 2021 (after my initial play in 2003 that worked out when I sold a few years later) and I think it is the most honest way to live. Please keep up the good work.
@CaptTony107
@CaptTony107 Ай бұрын
That was excellent, but it would have been easier to follow if you had left that last chart up (U.S. decadal breakdown of wealth accumulation), as you explained. (I'm a bit dim and need pictures and words!) Thank you. Finally, someone believable is giving us an honest and informed observation as well as an opinion. Usually, all we get is opinion! That is appreciated. If there were more intelligence and honesty like this at higher levels of government, things wouldn't have gotten this far out of balance! (Yes, I believe in unicorns too!)🙂
@NeoCynic1
@NeoCynic1 Ай бұрын
Per James Joyce, it seems we live in an Age of Exhausted Whoredom.
@jameswoenker2659
@jameswoenker2659 Ай бұрын
Theft , should not be awarded !!!!
@borisperez3129
@borisperez3129 Ай бұрын
Just like banks hath the benefit of interest in printed money, so the FED is federal or private when it suits it!
@derekf9017
@derekf9017 16 күн бұрын
cooperation is the answer folks
@rumpelstiltskin9768
@rumpelstiltskin9768 Ай бұрын
Your reading from Greenspan's book sounded exactly like previous readings from "Our Crowd". (A large crown and we ain't in it- from G. Carlin.) As for retribution, seems that somewhere in the OT, perpetrators had to pay back ten fold (don't hold me to the exact #). I have spare garden tools in my barn.
@blueyhis.zarsoff1147
@blueyhis.zarsoff1147 Ай бұрын
Constitutions need changing re the part about borrowing money so the people get back control.
@reisciascia6709
@reisciascia6709 Ай бұрын
Bro Mario thanks for the information its going to happen again when the change comes for the next global digital token system. closer you get to that and be involved, you could be in the next 5%
@miKey1201-kx7ow
@miKey1201-kx7ow Ай бұрын
Yes it's all true , so few seem to run the show . But wait a sec are they happy , the best things in life are free . Look at the little kids running and playing road hokey no worries no money and life is fun . IF you are healthy you are RICH !!!!!
@user-ly6es4hn3d
@user-ly6es4hn3d Ай бұрын
I will call that the despicable effect cause every despicable in my town has been yelling about this since 2007
@allen_p
@allen_p Ай бұрын
12:40 "Inflation is a non-legislative tax..." I would disagree in that for inflation to exist the government, in the case of the USA, the Legislature must overspend and run deficits. Thus, empowering the Federal Reserve to print without abandon. Ultimately, the government spends more and runs deficits.
@user-lp6ud3gp1k
@user-lp6ud3gp1k Ай бұрын
This is the compact modern history from 1987 on told by the alternative economist.
@paulniggel
@paulniggel Ай бұрын
great content today mario
@TizerWales
@TizerWales Ай бұрын
Max Kaiser educated us all about this quite a few years ago on RT.
@Bigbushape
@Bigbushape Ай бұрын
Thank you, Mario
@apflewis
@apflewis Ай бұрын
You mention 'Populism', Mario. What's the difference between Populism and Democracy ?
@apflewis
@apflewis Ай бұрын
​@Maneco647 Yea, I don't think so, Mr 647 scammer.
@highbrass3749
@highbrass3749 Ай бұрын
There is no difference. We’re being taught that Populism is a dirty word because it makes offshoring jobs and importing cheap labor difficult.
@nikkion2140
@nikkion2140 Ай бұрын
There has never been true democreacy. We have been indoctrinated to believe, it is only ever perceived democracy! Evidence for this is Biden's presidency, Sadig Khan etc. Our votes are only for a show.
@welcometosemeticpalestine
@welcometosemeticpalestine Ай бұрын
Both r oppressive in favor of the majority. The majority have no right to infringe upon the rights of minority groups (Republic).
@abrayshaw1657
@abrayshaw1657 Ай бұрын
What riles me, is that hackneyed term used by the left... 'progressive'. I would change that term to regressive.
@hydrogreen1111
@hydrogreen1111 Ай бұрын
We are born into a predatory and prey ecosphere. What do people expect?
@tomkarnes69
@tomkarnes69 Ай бұрын
Mr. Green-Theres a flaw in my model-span, bulkshit it was the model
@AndrewQuinOneTake
@AndrewQuinOneTake Ай бұрын
It is not far right it is just normal
@pepelepew2690
@pepelepew2690 Ай бұрын
Exactly.
@pepelepew2690
@pepelepew2690 Ай бұрын
A leftie from 20 years ago would be considered far right today they used to believe in border control, etc etc
@georgedoolittle9015
@georgedoolittle9015 Ай бұрын
I can't speak for anything outside the USA but this matter is what has been called and I agree with should be called still *"the boom bust cycle"* where the economy leads doing what economies do and interest rate policy is *BARELY* a cork in a raging ocean storm. At times interest rate policy set by the Fed can seem truly awesome (think the various elections in the USA hit by interest rate policy in 2000, 2008, 2018, 2022 and present day) all "seemingly" impact by what was going on with interest rates. Having said that the breadth and depth of the US economy is absolutely unlike any other...all still run by US cash dollars actually. This is why I say "speaking for the USA" because in places like West Texas or New Mexico or Colorado or Montana or in USA media in New York cash can be flung around in what has the appearance of saying money is worthless whether that be a $1,000 US Dollar haircut in West Texas or a massive tip at a diner in California. In the alternative is destitution where not so much that there is no cash but it doesn't buy anything because of the ravages of inflation. Credit in this "market" is basically meaningless as again in the USA anyways entire Cities can be bought for one US Dollar hence the terrifying problem of the boom bust cycle namely during contraction one can get both inflation/hyperinflation *AND* economic contraction #long_depression #business_cycle #credit_cycle
@rodneyo2916
@rodneyo2916 Ай бұрын
Thanks for the video. I’m just about done with your excellent book recommendation “Our Crowd”
@foilrider2000
@foilrider2000 Ай бұрын
The UK is in debt £ 30 billion left by the Tories, when the present Government defaults the Tories will be back in power. Was it a plan all along ?
@pepelepew2690
@pepelepew2690 Ай бұрын
What you talking about. We are in 3 trillion in debt.
@foilrider2000
@foilrider2000 Ай бұрын
​@@pepelepew2690 my mistake your right 😊
@quocbao4243
@quocbao4243 Ай бұрын
That’s ontra pra neers.
@villhelm
@villhelm Ай бұрын
What’s wrong with populism? Why has what’s popular among the electorate become a dirty word? What would you prefer - elitism?!!
@user-lb8bg6kj9m
@user-lb8bg6kj9m Ай бұрын
Populism is great but the question arises -- who pays for what's promised. Same with elitism. Bast is neither.
@pausereflect5911
@pausereflect5911 Ай бұрын
Blames wrong people too.
@chriseustace9734
@chriseustace9734 Ай бұрын
It will be interesting when Blackrock etc loose ALL their Ukrainian lands!
@PonziZombieKiller
@PonziZombieKiller Ай бұрын
Electric Jeezus and Oringe Jeezus will save the Universe. !!!
@lilblackduc7312
@lilblackduc7312 Ай бұрын
Right after you 'kick off' discuss it with the Almighty. He will be waiting for you. (Good luck with that ;-)
@PonziZombieKiller
@PonziZombieKiller Ай бұрын
@lilblackduc7312 we is doomed
@QuaaludeCharlie
@QuaaludeCharlie Ай бұрын
Thank you Mario and Rudy , Happy Saturday :) QC
@Sh311Sh0ck3d
@Sh311Sh0ck3d Ай бұрын
Good afternoon Mario and family. Im late again. I picked up another couple of silver coins. I stopped buying 1oz silver coins a little while ago. I see someone else in your comments that lives nearby and he mentioned collecting old silver coins to recycle if the need should arise. The way things are going tge need might very well arise. Hard to be ready for everything but we should do are best and at least be as prepared as possible. I don't know about where you are but there's been an odd atmosphere here for a while now. Its like people are expecting something to happen they just don't know what. Maybe its just me.
@dalskiBo
@dalskiBo Ай бұрын
Really enjoyed this one - thanks maneco64
@seabreeze4559
@seabreeze4559 Ай бұрын
would student debts effectively disappear? via inflation? is it worth paying those off?
@pepelepew2690
@pepelepew2690 Ай бұрын
No, they get written off after time.
@vincentyeo88
@vincentyeo88 Ай бұрын
If it is a loan, it has to be paid.
@jamesshell3620
@jamesshell3620 Ай бұрын
Brooksley Born warned Americans about Alan Greenspan he got the Glass Steagall act removed and Americans are still paying the price
@tommiller1786
@tommiller1786 Ай бұрын
thatz big - mississippi is dirt poor
@vincentyeo88
@vincentyeo88 Ай бұрын
When there is a big river, do some fishing for free food. Not financial advice.
@habyalexandru2265
@habyalexandru2265 Ай бұрын
Get curency out of the Bank Buy gold and silver and food
@dr.science9505
@dr.science9505 Ай бұрын
In the Bible you were not allowed to charge interest on loans. So few loans were given. The federal reserve could not have been formed without interest on loans . Bonds wouldnt be allowed.
@vincentyeo88
@vincentyeo88 Ай бұрын
Just imagine no student loans for colleges. Then all those smart children from very poor families would not get any chance to go to any college.
@richardpeychers4076
@richardpeychers4076 29 күн бұрын
As in Islamic law, no interest on loans.
@michaelporter6237
@michaelporter6237 Ай бұрын
Amen in Jesus Christ name 🙏🏾🙏🏾🙊🙉🙈🏃🏿‍♂️🏃🏿‍♂️😇😇👍🏾👍🏾
@jonimitchell5646
@jonimitchell5646 Ай бұрын
Praise his mighty and victorious name 💜✝️
@NooeeeNNN
@NooeeeNNN Ай бұрын
Just calmly bank today about a deposit for my job and the rep told me the Federal Reserve sends deposits to the bank and handles transactions. Is this true?
@869handyman
@869handyman Ай бұрын
Who is selling? Haha 😊 what do you pay, compared to what you can get from it?
@kludgedude
@kludgedude Ай бұрын
Can-t-own
@rocmon
@rocmon Ай бұрын
The main even has shifted from economy to Trump.. stay tuned to the backstage shenanigans
@tommyboy1653
@tommyboy1653 Ай бұрын
1913 Fed and 1916 ww1 ,rinse repeat 1930 -1940 ww2,...and lots more wars ,going on today.
@Dark_Embracer
@Dark_Embracer Ай бұрын
Hmm 🤔
@joanndiaz3425
@joanndiaz3425 Ай бұрын
🪙 Good Morning Mario! 🪙
@Popnpoff
@Popnpoff Ай бұрын
Always good info
@kekaha2703
@kekaha2703 Ай бұрын
Thank you Mario🙏
@doctoruttley
@doctoruttley Ай бұрын
😎
@bver1149
@bver1149 Ай бұрын
Every knee will bow and every tongue confess that Jesus Christ is Lord❤
@tayeebhussain5014
@tayeebhussain5014 Ай бұрын
Jesus ain't god and neither claimed to be.
@fullofhope2222
@fullofhope2222 Ай бұрын
Amen
@user-nr2pk7ht5k
@user-nr2pk7ht5k Ай бұрын
What a crock of shite!!
@lilblackduc7312
@lilblackduc7312 Ай бұрын
@@tayeebhussain5014 Right after you die, discuss it with the Almighty. He will be waiting for you. (Good luck with that ;-)
@jonimitchell5646
@jonimitchell5646 Ай бұрын
Praise be to God from whom all blessings flow ✝️
@PonziZombieKiller
@PonziZombieKiller Ай бұрын
I can't breathe 😭
@s.c.9878
@s.c.9878 Ай бұрын
One point that you missed from the Cantillon effect is that it works on a global scale as well ie. the $TRILLIONS that the US government spends - facilitated to a huge degree by the Federal Reserve - trickles initially to Washington and the major banks, then trickles out to the regional banks and the various regions of America, but it also trickles out to the rest of the world, thereby acting as a prop to support the global economy. The wealth that is evident in Washington and New York is off the scale! The only obstacle that might stop this massive spending is any sign of fragility in the US Dollar.
@DavidG-qe7yn
@DavidG-qe7yn Ай бұрын
Thanks Mario 😎
@Colorado18
@Colorado18 Ай бұрын
thank you
@tommyboy1653
@tommyboy1653 Ай бұрын
Play both sides and tell people yes we screwed you.
@tomday5830
@tomday5830 Ай бұрын
Did he just reccomend lieappedia? Gu bye
@lol-ld3jh
@lol-ld3jh Ай бұрын
Buy bitcoin
@seabreeze4559
@seabreeze4559 Ай бұрын
what will happen to people in council homes and retirees in homes? bailout or nah?
@aliasjones6381
@aliasjones6381 Ай бұрын
If they are the correct sort of citizen, perhaps. Otherwise no
@richardchiriboga4424
@richardchiriboga4424 Ай бұрын
I wonder what wealth distribution was in feudal England
@kerrywills8715
@kerrywills8715 Ай бұрын
Where is the Far Right? I just see normal people
@pepelepew2690
@pepelepew2690 Ай бұрын
A leftie from 20 years ago would be called far right today.
@kerrywills8715
@kerrywills8715 Ай бұрын
@@pepelepew2690 yeah that was me always a leftie 👍
@Quadman72
@Quadman72 Ай бұрын
Bom dia Mario e Rudolfo
@wildwisdom56
@wildwisdom56 Ай бұрын
Are you originally from USA?
@martinluke9470
@martinluke9470 Ай бұрын
Brazil
@winstonsmith8588
@winstonsmith8588 Ай бұрын
Good lesson on Cantillon Effect, but this video could have been 10 minutes long if the speaker was better. Also, all the anti-conservative virtue signaling de-legitimizes his message and makes me skeptical of the facts. The video would benefit by removing the bs politics.
@bver1149
@bver1149 Ай бұрын
@@winstonsmith8588 you may exercise your free will and tune into a different channel? Polite message. Bless your day♡
@BarryJallo
@BarryJallo Ай бұрын
D
@TwoGrainsOfGold
@TwoGrainsOfGold Ай бұрын
Well said 😂 22:12 different cheek of the same 🫏 lol 22:21
@warrickavenue8251
@warrickavenue8251 Ай бұрын
Rudy stealing the show- Napping, 💤 upside down. 😂
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