The Great Melt-Up: Why The USA is Choosing Hyperinflation

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ClearValue Tax

ClearValue Tax

Күн бұрын

Пікірлер: 2 400
@clearvaluetax9382
@clearvaluetax9382 25 күн бұрын
The Great Melt-Up: Episode 1: The Great Melt-Up will Strike The USA: kzbin.info/www/bejne/an-8i4WIrtqLrM0 Episode 2: Why The Government & Fed are Choosing Hyperinflation: kzbin.info/www/bejne/ZnzUpH5uaJaDock Episode 3: A Manufactured Crisis to Refinance The National Debt: kzbin.info/www/bejne/r4HchmyDq5J7is0 Episode 4: How to Profit from The Everything Bubble 2.0: kzbin.info/www/bejne/fpuZh6BrZ5WDf9U
@brianmahoney2079
@brianmahoney2079 23 күн бұрын
All propaganda lower the military budget, change the capital gains tax and other loopholes, invest domestically for domestic innovation rather corporate innovation, rich should pay their fareshare
@dimit229
@dimit229 23 күн бұрын
Al good and well, but where will demand come from if 80% of consumers are done for? Deflation is not an easy animal to tame. Look at the last 2-3 months, people stopped spending on anything other than necessities. (Car sales down massively, demand for housing drying up, walmart is doing great as the have pricing power - the more upscale grocers are getting crushed, and don't get me started about the mom and pop shops.. cheers.
@christopherm1475
@christopherm1475 13 күн бұрын
Well if hyperinflation, then government will spend even much more for everything because everything increases.
@speeddemon5339
@speeddemon5339 Ай бұрын
You know it’s really bad when he doesn’t say have a nice day and stay safe.
@HotTamale55
@HotTamale55 Ай бұрын
Geez... I usually notice things like that but I didn't even notice. This video has me really thinking about the future lol.
@stevecuahuizo792
@stevecuahuizo792 Ай бұрын
Seems like it was cut off I am not sure if he ended it like that
@user-df2uu3qp3y
@user-df2uu3qp3y Ай бұрын
@@stevecuahuizo792 the fbi came over. cuz brian was spitting FACTS.
@itguru2037
@itguru2037 Ай бұрын
Nothing new. The owners sold us out over 6 decades ago
@jwesplayinify
@jwesplayinify Ай бұрын
Right! I thought I lost service.
@Wahinies
@Wahinies Ай бұрын
The fact that rates keep being cut instead of spending being cut tells me you are 100% right.
@tacosanloresno
@tacosanloresno Ай бұрын
Also rate cuts, while inflation is still present. This guy bin right but not a lot of people can accept it so they act stupid.
@tacosanloresno
@tacosanloresno Ай бұрын
@Jack-fr9bk dude stfu. How are you on this channel and fr that dumb to think it’s one side or one guy that’s the problem.
@_Wai_Wai_
@_Wai_Wai_ Ай бұрын
@Jack-fr9bk what will Trump or Elon do? Cut spending?
@DJ-Illuminate
@DJ-Illuminate Ай бұрын
@Jack-fr9bk Agree 1000% and RFK
@johnkonde1975
@johnkonde1975 Ай бұрын
@Jack-fr9bk Trump stopped JPOW from raising rates in 2018, remember that
@MichaelGabreil
@MichaelGabreil 11 күн бұрын
I wish they taught investing at school level. There is so much advantage to doing this! My biggest regret is that I started so late.
@ClemonSteve
@ClemonSteve 9 күн бұрын
It’s worth noting that luck often plays the significant role in some cases, sometimes even more than the resources involved. Without it, its challenging
@MichaelGabreil
@MichaelGabreil 9 күн бұрын
@@ClemonSteve I usually avoid making specific recommendations because everyone's situation is unique. However, my experience with Julie Ann Lerch has been quite positive. You might find it worthwhile to see if her approach fits your needs
@ClemonSteve
@ClemonSteve 9 күн бұрын
@@MichaelGabreil I looked for the name online and found her page.I will get in touch with her,Thanks for the help I emailed and made inquiries. Thanks for the help
@dialecticalmonist3405
@dialecticalmonist3405 Ай бұрын
This channel is one if the most interesting channels. It's called "clear value tax", but it blew up to 2 million followers, so now he basically talks politics and economics. Also, he keeps the same simple format. No silly intro, no background. Suit and tie. It's like how Google started with pure simplicity. "If it ain't broke, don't fix it".
@sagepirotess6312
@sagepirotess6312 Ай бұрын
Naw in the early days he would stand up and slap papers on the desk.
@darthstrukt
@darthstrukt Ай бұрын
@@sagepirotess6312blame inflation. Paper was cheaper to buy back then.
@ArmandoA-g3j
@ArmandoA-g3j Ай бұрын
You left out that he’s wrong 99% of the time and loves fear mongering for views
@jabbabbabba
@jabbabbabba Ай бұрын
​@@ArmandoA-g3j you hate the truth.
@ArmandoA-g3j
@ArmandoA-g3j Ай бұрын
@@jabbabbabba I am the truth
@antonleimbach648
@antonleimbach648 Ай бұрын
My dad was 10 years old during the 1929 stock market crash and following depression. That man never bought new clothes, never ate out, never spent money on anything he could build or make for himself, fixed his own cars, etc…. I’m just as guilty as everyone for not living that way but I’m sure I will be forced to one day.
@NhiTran-gs9hz
@NhiTran-gs9hz Ай бұрын
I’m living like your dad now because my husband and I both got laid off. We don’t spend anything right now except groceries
@gumby2241
@gumby2241 28 күн бұрын
Im 62 and live kinda like your dad, it's really just common sense. frofligate spending is foolish in uncertain times.
@handycaddy
@handycaddy 27 күн бұрын
I’m almost 70, and it doesn’t make any sense to me to make landfill out of many things that can be repaired and properly used.
@noahswarz4914
@noahswarz4914 25 күн бұрын
I don't feel guilty but I wish it was still like that. Everything built in the last 2 decades, is almost unrepairable OR too expensive to repair now vs use and replace. If you have time then it's doable but most people don't have time.
@mr.makeit4037
@mr.makeit4037 25 күн бұрын
​@noahswarz4914 they'll probably have that time down the road to ruin
@VRGamingTherapy
@VRGamingTherapy Ай бұрын
They rather burn everything down, than to do the right thing. Completely blows my mind how money will continue to corrupt & curse mankind.
@_Wai_Wai_
@_Wai_Wai_ Ай бұрын
They've been taken over by Wall Street people, and have de industrialized the USA for over period of 30-40 years. They have nothing left but doubling down on keeping the US dollar relevant around the world. The US economy is not much more than money printing.
@spiritof7686
@spiritof7686 Ай бұрын
They will just introduce their next pondicherry scheme once this one collapses
@LosLindsay
@LosLindsay Ай бұрын
Humans are corrupt. All money does is reveal.
@minimalisticmime5459
@minimalisticmime5459 Ай бұрын
​@@Consumer0001yeah look how Britain is doing right now like that would help
@MrTrda
@MrTrda Ай бұрын
BITCOIN fixes that 👆
@The.Digital.Wallet
@The.Digital.Wallet Ай бұрын
You are one of the few KZbinrs I take seriously. Great job.
@MrBanSabai
@MrBanSabai Ай бұрын
😂😂😂😂😂😂😂😂😂 i feel sad for you
@decyfer5302
@decyfer5302 Ай бұрын
@@MrBanSabaiI feel sad for you
@StuggleIsSurreal
@StuggleIsSurreal Ай бұрын
Salaries do not keep up with inflation now; they will certainly not keep up in hyperinflation!
@thekingofkingsrp
@thekingofkingsrp Ай бұрын
Nope, it is meant to be that way unfortunately.
@RegionalRadioShackManager
@RegionalRadioShackManager Ай бұрын
They will indeed go up but at the same ratio they are now to the cost of living
@ghostfinder3673
@ghostfinder3673 Ай бұрын
welcome to Capitalism it's already 400 years by the way
@StuggleIsSurreal
@StuggleIsSurreal Ай бұрын
@@ghostfinder3673 Ah, but tell me about the history of the alternatives? Not governments. Economic systems.
@NhiTran-gs9hz
@NhiTran-gs9hz Ай бұрын
I don’t even have salary now. I got laid off
@tbd6963
@tbd6963 Ай бұрын
I normally listen to these with a healthy amount of skepticism but everything points to you being 100% correct
@Makemsayahlex
@Makemsayahlex Ай бұрын
Its astonishing that while the average person is expected to work, pay taxes, cover expenses, and save for retirement, our government, which collects and prints money, struggles to manage its spending responsibly.
@boisterouspanda
@boisterouspanda Ай бұрын
Abuse of power at its finest
@sprinkle61
@sprinkle61 28 күн бұрын
Government should not print money, separate money and state, and all these problems solve themselves, as the only way to spend will be to spend within their means. Bitcoin fixes this.
@k4piii
@k4piii 23 күн бұрын
7:06 this 🤣
@ThePinkPantha21
@ThePinkPantha21 14 күн бұрын
We tolerate it.
@sherrygadberryturner9527
@sherrygadberryturner9527 13 сағат бұрын
Yes human citizens are expected to pay taxes, corporate “ citizens” not so much. In the next few months they will be expected to pay EVEN LESS! WHO do you think will be expected to make up for that short fall?
@louferrao2044
@louferrao2044 Ай бұрын
The Federal government spends money like drunken sailors.
@jordanmatthew6315
@jordanmatthew6315 Ай бұрын
More like a drunken hooker with a no spending limit credit card at Vegas in a casino.
@clearvaluetax9382
@clearvaluetax9382 Ай бұрын
That's an insult to drunken sailors.
@louferrao2044
@louferrao2044 Ай бұрын
@@clearvaluetax9382 🤣🤣So true!
@commonsense6297
@commonsense6297 Ай бұрын
Where are all these drunken sailors at anyway?
@michaela6902
@michaela6902 Ай бұрын
Not true. Drunken sailors stop when they run out. Government just prints more
@nitrosrt4
@nitrosrt4 Ай бұрын
because you cant deflate a ponzi. that would be the end of the ponzi. its math.
@josesuayandds4003
@josesuayandds4003 Ай бұрын
Exactly this. Social Security is the worst kind of ponzi scheme because its based on unpayable debt. At least Bankman-Fried had the crypto currency cycle, the US gov't debt only gets bigger.
@NomadicIslanders
@NomadicIslanders Ай бұрын
Yup
@l.siestador7248
@l.siestador7248 Ай бұрын
It will deflate.
@briansmith1003
@briansmith1003 Ай бұрын
@@l.siestador7248it’s god plan we are in Babylon we are going down for heeding his word
@burningxdagger
@burningxdagger 29 күн бұрын
more like explode spectacularly ​@@l.siestador7248
@IndependenceCityMotoring
@IndependenceCityMotoring Ай бұрын
"The way to crush the bourgeoisie (middle class) is to grind them between the millstones of taxation and inflation." -Vladimir Lenin “Inflation is taxation without legislation” - Milton Friedman “By this means the government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.” - John Maynard Keynes “The arithmetic makes it plain that inflation is a far more devastating tax than anything that has been enacted by our legislature. The inflation tax has a fantastic ability to simply consume capital. It makes no difference to a widow with her saving in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero inflation, or pays no income taxes during years of 5 percent inflation. Either way, she is 'taxed' in a manner that leave her no real income whatsoever. Any money she spends comes right out of capital. She would find outrageous a 120 percent income tax, but doesn't seem to notice that 5 percent inflation is the economic equivalent.” - Warren Buffett
@bigj5183
@bigj5183 Ай бұрын
Sadly, all is true and happening currently.
@AnetaMihaylova-d6f
@AnetaMihaylova-d6f Ай бұрын
Inflation will kill US debt market and US dollar . US government has huge debts that cannot repay ​@bigj5183
@ExpertYouTubeCommentator
@ExpertYouTubeCommentator Ай бұрын
damn, not one to read all these long posts, but those quotes are all hitting the bull's eye🎯🎯🎯
@avonlearebel
@avonlearebel 25 күн бұрын
👏👏👏👏
@williemayo1589
@williemayo1589 Ай бұрын
Brian you are truly the voice of the people. We need you or someone like you in DC!
@cheeseman9967
@cheeseman9967 Ай бұрын
No! He intentionally leaves out the REAL things...
@trackball18
@trackball18 Ай бұрын
We need a government audit. We get so little return on the trillions spent by our govt. Efficiency needs to be found.
@Boobotz53
@Boobotz53 Ай бұрын
Elon Musk
@SignalLost730
@SignalLost730 Ай бұрын
Vote for Trump. Elon is going to clean house
@jwill540
@jwill540 Ай бұрын
Need far less government.
@LamSH1109
@LamSH1109 Ай бұрын
Cardano
@realitygamedesign
@realitygamedesign Ай бұрын
Trump actually is running on that. He mentioned it specifically.
@robotsweee
@robotsweee Ай бұрын
Thanks for this. I appreciate this breakdown. I find myself yelling at the news a lot lately because nobody is talking about cutting spending.
@galaxy-star-me
@galaxy-star-me Ай бұрын
Cut spending, no way , as we are on the road to socialism 😂
@blueskiesandgreenpasturesp3848
@blueskiesandgreenpasturesp3848 26 күн бұрын
Same !
@RandomYTCommenter
@RandomYTCommenter Ай бұрын
I don't want my property value to soar. They tax you on that crap. And I don't agree with that 'your pay will go up' relative to inflation. I have YET to see that with the inflation that we have already.
@rubiirae
@rubiirae Ай бұрын
Yep...my property tax has been tripled since I owned it 7 years ago, and the only way to request for tax relief is if I have close to negative income lol
@zubastik2992
@zubastik2992 Ай бұрын
using that logic our salaries should have risen 3-4x in the last 20 years .. We lucky if our salaries increased double in last 20 years.
@rubiirae
@rubiirae Ай бұрын
@@zubastik2992 to be fair, property value only go up significantly if it's affected by location, market demand, and extra renovations you invested in to boost its value. same goes for your job, if you only offer the same skillsets for 20 years without acquiring competitive skills that are in high demand, you can't expect your salary to go up much anyway, because there'll always be someone younger and willing to work harder for less to take your job.
@SignalLost730
@SignalLost730 Ай бұрын
​@@zubastik2992the last thing to rise in an inflationary environment is labor
@fmxmyway
@fmxmyway Ай бұрын
Truth
@Dantursi1
@Dantursi1 14 күн бұрын
For boomers and senior citizens, the current market and economy are unnecessarily harder. I'm used to simply purchasing and holding assets, which doesn't seem applicable to the current volatile market, and inflation is catching up with my portfolio. My biggest concern is whether I'll survive after retirement.
@derrickholfman2
@derrickholfman2 14 күн бұрын
Just buy and invest in Gold or other reliable stock , the government has failed us and we cant keep living like this.
@disco7128
@disco7128 18 сағат бұрын
Wow, I don't think anybody has ever made me understand all this as well as you. I appreciate your financial wisdom.
@DZGenesiszero
@DZGenesiszero Ай бұрын
The fall of an empire is the fall of its currency.
@clearvaluetax9382
@clearvaluetax9382 Ай бұрын
Same thing happened to the Roman Empire.
@ceerawlins3412
@ceerawlins3412 Ай бұрын
Buy bitcoin and gold
@danielhutchinson6604
@danielhutchinson6604 Ай бұрын
@@clearvaluetax9382 Germany noticed that the Currency they used to pay for exploiting Caspian Oil, was not sufficient either.
@Unlimited0X
@Unlimited0X Ай бұрын
@@consequences9803because of less demand from builders to build for consumers..consumers are broke!
@Basedmursenary
@Basedmursenary Ай бұрын
Usury
@DanNixon-FF
@DanNixon-FF Ай бұрын
This guy is so smart. Everything is so clearly explained
@JeffMartin-um3nk
@JeffMartin-um3nk Ай бұрын
We are no where close to hyperinflation
@timothyandrewnielsen
@timothyandrewnielsen Ай бұрын
@@JeffMartin-um3nk Sort of close, though. Goods and services prices have gone up ~25% in 3 years. That's pretty fast.
@joebeta1837
@joebeta1837 Ай бұрын
You're right. He's not one of these "Doom and Gloom" type of people on KZbin. Jaspree Singh is another dude I like. Michael Bordenero here on KZbin is one of those guys I don't like because he talks like the sky is falling.
@cheeseman9967
@cheeseman9967 Ай бұрын
No, I think he's afraid to tell the truth...
@alexcampuzano8197
@alexcampuzano8197 Ай бұрын
@@JeffMartin-um3nknot yet man it’s not ganna happen over night but the environment we are in and the way the FED is thinking it looks like we are headed that way
@Duelosaurio
@Duelosaurio Ай бұрын
Welcome to Argentina 🇦🇷, this happened to their market during the 80's
@jessesoto6150
@jessesoto6150 Ай бұрын
The accuracy is uncanny. Great stuff!
@303mitch
@303mitch Ай бұрын
You are one of the only people I trust on the internet
@IndependenceCityMotoring
@IndependenceCityMotoring Ай бұрын
Speaking as a CPA, blame inflation mainly on massive goverment spending (using our taxpayer money) and the Federal Reserve's monetary policies based on MMT ideology (including interest rates being set way too low for way too long). Inflation is a hidden tax and literal theft by government through intentional devaluation of the currency and as a result, citizens' purchasing power. Therefore, the Federal Reserve's inflation target should be 0%, not 2%+ CPI. Anything more than 0% is theft by the government from the people. Not to mention, "2% CPI" is really 5%+ true inflation if you use an independent measure of inflation like Truflation or ShadowStats rather than the government's artificial CPI. The government's CPI metric is intentionally designed to leave out certain baskets of goods and services that Americans spend their money on, and disgraceful "hedonic quality adjustments" because it benefits government to underreport true inflation (to lower the real costs of paying huge government debt, and to limit increases to government payouts like social security).
@MrTrda
@MrTrda Ай бұрын
BITCOIN fixes that 👆
@empire867
@empire867 Ай бұрын
Fed will print more money😂
@reasonablespeculation3893
@reasonablespeculation3893 Ай бұрын
If Govmnt was spending massively using taxpayers money, the situation could be brought under control. The problem is; Govmnt far outspends tax revenue... politicians prefer to kick the can down the road most tax payers don't understand the system 40% pay nothing in tax, and neither know or care about Federal Debt
@larrymann803
@larrymann803 Ай бұрын
Very good analysis
@joannwether9982
@joannwether9982 Ай бұрын
Sounds like live below your means and prepare for the worst
@Sentient_Atoms
@Sentient_Atoms Ай бұрын
$100k in unsecured debt is rookie numbers.
@FlexSZN23
@FlexSZN23 Ай бұрын
The government debt is secured by the taxpayer
@MrDavinci1965
@MrDavinci1965 Ай бұрын
I've PAID 7.65% of my income into Social Security and Medicare for 41 years. Now, Social Security doesn't have money? When will Welfare run out of money? There are people who have been on welfare for 50 years and have never paid a dime into the system.
@Dan-l2y2r
@Dan-l2y2r Ай бұрын
Oh, they'll never run out of welfare money. Only working MSN retirement money. You've been played, suckers 😂!
@epicdrone7477
@epicdrone7477 Ай бұрын
It pays $$$ NOT to work.
@william-fla-321
@william-fla-321 Ай бұрын
Those on welfare raise children who stay on welfare, and their children, etc..
@MrDavinci1965
@MrDavinci1965 Ай бұрын
@@william-fla-321 Exactly!!!
@teaadvice4996
@teaadvice4996 Ай бұрын
​@william-fla-321 welfare queens! Tyrone knocking up the whole neighbor
@spartancrown
@spartancrown Ай бұрын
GFC wiped out my parents. They never recovered from it. Thank god the banks and GM got bailed out though.
@kjahmbanso
@kjahmbanso Ай бұрын
12:29 u right in 07 the writing was on the wall. The jobs back in were so hard to get it. It was ridiculous. You had to work the measly job just to get by.
@melindamillion1949
@melindamillion1949 Ай бұрын
Social Security is SUPPOSED to be held in a trust! That was money taken from paychecks to be held to repay it to those who paid into the trust.
@LordRykard9376
@LordRykard9376 Ай бұрын
Its theft at this point. We should have the option of paying into it. By the time I am retired, I would be a millionaire if its invested properly. I won't even see 25% of the money they take from me by the time I retire.
@Boobotz53
@Boobotz53 Ай бұрын
It's a pay as you go plan. So... current contributors are supporting current recipients.
@Fiendsandfamily
@Fiendsandfamily Ай бұрын
They also expected you to die in your 70s, now we have bozos running for president in their 70s.
@alexthagreatdk
@alexthagreatdk 28 күн бұрын
I think they borrowed from the SS fund or whatever it’s called
@n3tl4g
@n3tl4g 22 күн бұрын
I was just looking into this (following the previous video) and the whole SS trust thing is misleading. In particular, no significant amount of money is held in the trust, only about 2 years worth of payouts is in the reserve right now. It still does matter though, because this revenue (SS payroll tax) is guaranteed to be paid out to SS recipients. They would NOT cut SS payouts to balance the budget, it wouldn't make any sense, because it's not technically losing money. Since 2020 there have been some losses but this is paid from the balance and it's not enough to change the overall story.
@jorgeriera3337
@jorgeriera3337 Ай бұрын
As always, you are an asset You explain things the right way No fear talk, no exaggerating, and you stay neutral
@MeMe-hp3hl
@MeMe-hp3hl Ай бұрын
It's worse than that. The uber-rich no the game. They're in debt too. They use that debt to buy assets. Then they pay it back in inflated dollars. That's the whole game.
@ImNoOne22
@ImNoOne22 Ай бұрын
Yes, they will be prepared for the collapse and come out of it even more wealthy/powerful after they hoard cheap assets from desperate people.
@purethccheck
@purethccheck Ай бұрын
The problem is companies will never raise wages enough to match hyperinflation.
@jayha7071
@jayha7071 Ай бұрын
He said that
@mikeb5372
@mikeb5372 Ай бұрын
That's not the only problem
@Stephanie-g2v
@Stephanie-g2v Ай бұрын
Small businesses will close because they simply can't afford to pay higher wages. Large companies will just layoff employees replace them with machines.
@gnjprice
@gnjprice 15 күн бұрын
Raise wages, companies pass on that increase to citizens, citizens spend less, companies takes losses… It goes on and on until it crumbles… It’s right around the corner. Citizens are the losers.
@mctooch
@mctooch 26 күн бұрын
this man can articulate my thoughts better than i can
@BanksOwnUs
@BanksOwnUs Ай бұрын
What is frowned upon when you are poor but celebrated when you are rich? Getting money from the government.
@StuggleIsSurreal
@StuggleIsSurreal Ай бұрын
Correct in so many ways...
@TheDragonRelic
@TheDragonRelic Ай бұрын
We need communism
@sailingwiththegods538
@sailingwiththegods538 Ай бұрын
Not anymore, every bum out there can get cheese, rich or poor.
@eugenebrown6379
@eugenebrown6379 Ай бұрын
filing bankruptcy too
@ephraimmenashe
@ephraimmenashe Ай бұрын
Cut the redundant jobs in government, cap the annual salaries for politicians and place a four year term limit.
@BasicTruth4You
@BasicTruth4You Ай бұрын
They need those jobs, illegal immigrants aren't gonna help themselves.
@biometal770
@biometal770 Ай бұрын
shorter term limits disincentivizes long term decision making even further than it already is...
@onlywenilaugh6589
@onlywenilaugh6589 Ай бұрын
And for God's sake, actually cut spending on crap.
@PsalmsGG
@PsalmsGG Ай бұрын
I think they should be accountable for terrible decision making like getting fired and good politicians could stay.
@Zero-s7k
@Zero-s7k Ай бұрын
They can't cut government jobs lmao lol. They would lose taxation money. Plus, why would they government jobs if it doesn't matter. They would cut social programs before they cut government jobs lmao lol.
@dsvp4825
@dsvp4825 Ай бұрын
My dad was an immigrant who worked at dominos and my mom stayed home . They were able to afford a 2 story 2 car garage 2000 sq ft for 120k . I make more money than they did at that time and i cant find a house in the same area for cheaper than 350k In fact in that same neighborhood , the cheapest floorplan was 80 k . The one down the street from the. Is going for 350k with no work done to it It doesnt make sense . I cant afford anything even if i wanted to Im single no kids and cant afford to live here anymore
@JoanneBurford09
@JoanneBurford09 Ай бұрын
Try putting a 1 in front of your $350K at variable rates mate and then we can talk. US home prices are our deposits 🇦🇺
@FutureDreamZz
@FutureDreamZz Ай бұрын
@@JoanneBurford09all I hear is how great the UK is
@JoanneBurford09
@JoanneBurford09 Ай бұрын
@@FutureDreamZz don't you recognise flags, I was never talking about the UK.
@kurtisbiggins4594
@kurtisbiggins4594 Ай бұрын
​@joanneburford6364 you should move then
@JoanneBurford09
@JoanneBurford09 Ай бұрын
@@kurtisbiggins4594 let me spell it out for you - I'm not in the UK, I am in Australia. Americans are so dumb.
@MichaelM2K23
@MichaelM2K23 25 күн бұрын
This is why it’s sooooo important to invest. Understand the rules of the game we’re being forced to play and govern yourself accordingly.
@trevormerritt1834
@trevormerritt1834 18 күн бұрын
Well said. I tell everyone this. Why are you trying to play the game without knowing the rules.
@joseroman4811
@joseroman4811 Ай бұрын
The only thing that baffles me is that, Social Security had its own tax to fund itself. It is not part of the general budget per se... Would the government have borrowed from that tax fund for other purposes and HAVE to pay it back...???
@pmoney777
@pmoney777 Ай бұрын
No he should not have used that as an example of an expense
@maplenook
@maplenook 22 күн бұрын
They spent it. It’s long gone.
@AKAL1lROB541
@AKAL1lROB541 Ай бұрын
Thank you for being one of the few KZbinrs telling it how it really is
@MrJimEarnest
@MrJimEarnest Ай бұрын
Brian, I love your insight! You have a way of delivering bad news that makes it so clear. Thank you for what you do! I love your channel.
@ginob615
@ginob615 Ай бұрын
I appreciate your dedication to help educate Americans. You break it down in an easy to understand way to those that are interesting in understanding these points.
@name-um9cj
@name-um9cj 29 күн бұрын
Housing is your biggest expense. Take away the stigma of living together. Share the electric, share the heat, share the property taxes, cook meals together. Take the “American Dream” and flip it inside out.
@fatboitino2
@fatboitino2 28 күн бұрын
Maybe that’s the plan. Us all in one home, means easier control and more for them to buy. Plus, more for them to own
@jogmas12
@jogmas12 Ай бұрын
It’s crazy the times we living in
@tybo_g37s
@tybo_g37s Ай бұрын
every time is crazy, stop it
@Mike-dd8bd
@Mike-dd8bd Ай бұрын
When is it not crazy times?
@seva4411
@seva4411 Ай бұрын
All times with humanity are crazy times but considering how rapidly we’re heading for WW3 externally and social collapse internally I’d say these are exceptionally crazy times.
@Mike-dd8bd
@Mike-dd8bd Ай бұрын
@@seva4411 Life today is still better than pretty much anything before 1950.
@ScooterOnHisWay2024
@ScooterOnHisWay2024 Ай бұрын
​@@Mike-dd8bdMost of the time.
@JS-cs8gz
@JS-cs8gz Ай бұрын
When this system of things comes crashing down even the greedy rich won't be able to escape - Daniel 2:44 and Psalms 37:9,10
@eddiekulp1241
@eddiekulp1241 Ай бұрын
We will all be millionaires in future .
@clearvaluetax9382
@clearvaluetax9382 Ай бұрын
Yes, I agree. But, as you know, that would be a bad thing.
@dreamhollow
@dreamhollow Ай бұрын
And all of our money will be worthless.
@fish1r1
@fish1r1 Ай бұрын
where I live, we were millionaires (I earned 12 million of my currency back then) and then they just cut 4 zeroes and the rat race restarted!
@jingen66
@jingen66 Ай бұрын
And burgers cost $1000 for each 😂
@tanner882
@tanner882 Ай бұрын
Remove all government programs introduce UBI…….That’s the plan 😉
@marls1420
@marls1420 Ай бұрын
Please make a video of how to best prepare for hyperinflation. Thank you!
@LukasFanders
@LukasFanders 26 күн бұрын
Hyper inflation is already here on housing and food.
@_Wai_Wai_
@_Wai_Wai_ Ай бұрын
a deflationary environment is good for people with no debt, and lots of cash savings. Whereas an inflationary environment is the opposite.
@HeathE1
@HeathE1 Ай бұрын
Yeah but no smart person has crazy amounts right now
@jonhall9099
@jonhall9099 Ай бұрын
Warren Buffett
@MestizoMoney
@MestizoMoney Ай бұрын
Aaaand people lose their jobs and the economy shrinks
@_Wai_Wai_
@_Wai_Wai_ Ай бұрын
@@HeathE1 you don't have to have lots of cash, just don't have lots of debt
@improve-hm6fn
@improve-hm6fn Ай бұрын
with all the facts in front of us, the stock market will reach all time high this year
@ColbyBarradas
@ColbyBarradas Ай бұрын
Your information is vital. I wish more people saw your videos
@AhnoNymuz
@AhnoNymuz Ай бұрын
this is only the guy I trust when it comes to economy and financial news
@chrism3933
@chrism3933 Ай бұрын
I highly recommend reading ‘Dying of Money: Lessons of the Great German and American Inflations’
@giddysmiles2901
@giddysmiles2901 Ай бұрын
Hyperinflation is the only way for them to reduce the debt exposure. This was easy to see years ago. Majority of the people don't realize this, yet. Look at past empires, they have all done this. Excess debt. Assets soar. Those owning debt/bonds lose!
@Judith-b3t
@Judith-b3t Ай бұрын
Years ago the way to stop hyperinflation would be to stop hyperspending.
@Bruce_Davis
@Bruce_Davis Ай бұрын
@@Judith-b3tBut how would we donate money to other countries if we stop hyper spending/hyper printing?
@danielhutchinson6604
@danielhutchinson6604 Ай бұрын
The Fiat Currency worked as long as there was no other choice. Next week the Representatives of over 170 Nations meet at the BRICS Summit in Kazan. The issue of the USA dictating Trade Values through the SDR and the use of military threats, seems to have exceeded it's limitations?
@MrTrda
@MrTrda Ай бұрын
@@Bruce_DavisIndeed…. And somehow no more money left to help our own people in times of crisis 😡
@dreamshakejake3736
@dreamshakejake3736 Ай бұрын
5:55 Young people trying to get their starts are getting absolutely fcked by these market conditions… and the older folks wonder why people don’t want to work… the societal contract has been ripped up… no future
@Madchris8828
@Madchris8828 Ай бұрын
@@dreamshakejake3736 throw in AI that is supposed to take everyone's jobs too. lol...
@tylercolby6190
@tylercolby6190 Ай бұрын
@@Madchris8828AI is way overhyped
@fermingarza6357
@fermingarza6357 Ай бұрын
Young people are dumb with their money. I see it all the time.
@dd805100
@dd805100 Ай бұрын
​@@fermingarza6357 so were the old people they just had way more so they could afford to be dumb and still prosper most young people I know are generally smarter than old people I know when it comes to current affairs and technology
@TheRabidfan
@TheRabidfan 29 күн бұрын
​@fermingarza6357 it aint young people I see at the casinos 😂
@SeaSide420
@SeaSide420 Ай бұрын
RICH vs POOR BigFight, no holds barred - Round 10,000 Ding Ding Ding
@hocstix
@hocstix Ай бұрын
Seniors - no pay increase - there is no pay. Hyperinflation all seniors are screwed on fixed income.
@CalmBeforeTheStorm76
@CalmBeforeTheStorm76 25 күн бұрын
Finally someone who is speaking the truth
@mrlion2022
@mrlion2022 Ай бұрын
Excellent hyperinflation, and Google took off the Bitcoin charts. Just think about this. The message is be ready be ahead. The real rate of inflation remains 20%, so we must make a 30% return just to beat inflation
@Dan-l2y2r
@Dan-l2y2r Ай бұрын
BTC makes 56% average return. The only asset which beats inflation consistently...
@mrlion2022
@mrlion2022 Ай бұрын
@@Dan-l2y2r That's why more and more millionaires and billionaires are buying and holding bitcoin
@Dan-l2y2r
@Dan-l2y2r Ай бұрын
@mrlion2022 It's why I Am too. 🤣
@mrlion2022
@mrlion2022 Ай бұрын
@@Dan-l2y2r ditto
@jhkw6067
@jhkw6067 Ай бұрын
Hi Brian! Thank you again for the useful information as always!
@clearvaluetax9382
@clearvaluetax9382 Ай бұрын
It's my pleasure and thank you for the support!
@appleztooranges
@appleztooranges Ай бұрын
Stocks are going banana. Voo just keeps going up! People are saying Biden and Kamala are great now for the economy. Yet an average American is working paycheck to paycheck and can’t afford an emergency
@Censortubes
@Censortubes Ай бұрын
The bots are saying that.
@dusankacurak9520
@dusankacurak9520 Ай бұрын
.... stocks were also going banana in 2007
@boogy-f8j
@boogy-f8j Ай бұрын
Eh most of that is people living outside their means. Children? A new car? Living on your own? Most people cannot actually afford that, but take on those financial burdens anyway and then are always strapped for cash.
@Mike-dd8bd
@Mike-dd8bd Ай бұрын
Go back 5 years and you hear the same thing about the average American.
@oSnapMillerTime
@oSnapMillerTime Ай бұрын
Stocks will go down under Trump. The deep state can't have him succeed. Look what they did in 2020.
@lordbeerus6182
@lordbeerus6182 29 күн бұрын
Never forget brian held us down during the pandemic. Respect my g
@elmocotaco995
@elmocotaco995 Ай бұрын
Dude you are spot on. Thanks for your work and honest opinion it’s refreshing to say the least
@SonofSons
@SonofSons Ай бұрын
Im a late millennial, 29 years old residing in LA, California. The majority of my friends don't have kids. A lot aren't married. Its quite the problem we have here. I'd love to have kids, but i'd feel selfish to have them if times are looking worse in the future. If anybody understands monetary policy and how the economy works, the future ain't lookin bright.
@t-birdmr.t7980
@t-birdmr.t7980 Ай бұрын
Don't worry the immigrants are being let in without papers. You'll be paying for their kids instead.
@sencere_2023
@sencere_2023 Ай бұрын
So stack ya bread live below your means and you’ll be fine 😊
@edawg654
@edawg654 Ай бұрын
Study Bitcoin. It’s incorruptible and will give you hope. Read the Bitcoin Standard. It’s the arc
@2am_k
@2am_k Ай бұрын
Move to Oklahoma
@blacksuite1
@blacksuite1 Ай бұрын
There's nothing in Oklahoma.
@fredk9999
@fredk9999 Ай бұрын
Thank you to our host for this segment. Congress doesn’t make tough decisions. They authorize CRs and “kick the can down the road.”
@ianwinegardner
@ianwinegardner Ай бұрын
Insightful video. I wish you would give actionable advice on what average Americans should do to prepare and maybe discuss what you are doing.
@Jfff-ugfgh
@Jfff-ugfgh Ай бұрын
it is easy, own assets, reduce debts, increase income. I mean it is easy to say but hard to do.
@marysinclair1214
@marysinclair1214 Ай бұрын
The Uber rich won't be safe without a middle class.
@pkmkb007
@pkmkb007 Ай бұрын
AI has entered the chat.
@sylphmoon9657
@sylphmoon9657 Ай бұрын
The uber rich can go to other countries who aren't fucked.
@basedblueboy8770
@basedblueboy8770 25 күн бұрын
They will siphon the remaining wealth in the USA and then leave to other nations.
@adammarkovic3316
@adammarkovic3316 19 күн бұрын
​@@sylphmoon9657 every country will be fucked if the US is fucked. That's the power of globalism
@juanj.martinez8226
@juanj.martinez8226 Ай бұрын
When accounting for a constant annual deficit of $1.45 trillion along with a 4% interest rate, U.S. debt could become unmanageable in approximately 13 years. This is when interest payments would exceed 50% of total government spending, assuming spending remains constant.
@ptylock1
@ptylock1 Ай бұрын
Unfortunately, nothing will happen unless they stop spending! PERIOD. And they won't. Biden, Harris, Trump blah blah blah. They won't, because at this point. They can't.
@nykareem2001
@nykareem2001 Ай бұрын
Is the issue spending or how the debt is allocated?
@ptylock1
@ptylock1 Ай бұрын
@nykareem2001 my personal opinion, I think they need to stop the spending first. Then figure out the rest from there.
@AntonStetner
@AntonStetner Ай бұрын
​@@ptylock1totally agree. You have to stop the spending aka stem the bleeding. Then we can go through the trauma response and figure everything else out
@brentrazz6355
@brentrazz6355 28 күн бұрын
Yes.
@billykotsos4642
@billykotsos4642 Ай бұрын
6:40 Excellent analysis of wealth disparity economics. Money is about relative wealth
@clearvaluetax9382
@clearvaluetax9382 Ай бұрын
Yes, you got it!
@hansmeier3923
@hansmeier3923 Ай бұрын
In Germany during the hyperinflation people with debts faced a high extra-tax. It was called the "Hauszinssteuer". In english it is "Home interst tax". Maybe something similar comes in the US. The tax was based on a proposal by Berlin City Councillor Martin Wagner for an equalization of burdens, with which property owners were to share in the costs of publicly subsidized housing construction after the First World War. Due to the loss in value of mortgages as a result of hyperinflation up to 1923, property owners had previously been practically completely relieved of their debts, while their property had not lost value as a result of inflation.
@cliffdariff74
@cliffdariff74 Ай бұрын
Owning property is not automatically easy, or makes one rich... it's long term to wealth.
@alexcho9698
@alexcho9698 Ай бұрын
Brian, I really appreciate the heads up. What would you recommend we do to prepare for hyperinflation?
@duncanray6600
@duncanray6600 Ай бұрын
If i decide not to accept responsibility in my life, I will have a lousy life.when government refuses to accept responsibility we all have lousy lives.
@BlueJeansandJellyBeans
@BlueJeansandJellyBeans Ай бұрын
Love the education you provide! Have a nice day Brian.
@Sara-kt6qf
@Sara-kt6qf Ай бұрын
Nice message 😊
@deb4610
@deb4610 Ай бұрын
It’s not good no matter how you look at it. Thanks for all the great info!
@bluvenm
@bluvenm Ай бұрын
I never realized that fixed rate payments would actually get cheaper with inflation great point
@dianalaughlin
@dianalaughlin Ай бұрын
Hyperinflation for consumer goods then deflation for capital goods.
@letscookwithkev
@letscookwithkev Ай бұрын
Brian the man, always bringing through the news that are educating, informing and equipping the people with the relevant and accurate financial knowledge to make decision 🙏🙏🙏
@MCC876
@MCC876 Ай бұрын
Neither Trump nor Harris have outlined a plan to reduce government spending.
@jrparker4804
@jrparker4804 Ай бұрын
One candidate doesn’t support wars and sending our tax dollars to Ukraine and illegals.
@nykareem2001
@nykareem2001 Ай бұрын
Both are self absorbed neoliberal puppets that serve the interests of the bankers. Long are the days when the industrialists and the citizenry were represented in American politics
@Greenstrtjs87
@Greenstrtjs87 Ай бұрын
no presidential candidate ever has in the 31 years i’ve been alive
@Boobotz53
@Boobotz53 Ай бұрын
DT has proposed putting Elon Musk to development of an efficiencies department to audit government spending
@nordicwarrior9566
@nordicwarrior9566 Ай бұрын
​@@Boobotz53Elons wealth is majority federal handouts lol
@MrJimoney
@MrJimoney Ай бұрын
Pretty much sums up transfer of wealth from the public sector to the private sector over the past several decades.
@sprinkle61
@sprinkle61 28 күн бұрын
Bitcoin fixes this.
@walterjohnson6357
@walterjohnson6357 Ай бұрын
Excellent podcast, intelligent and so well spoken. You are a natural. It is time for the Stresemann strategy 1923-1929 Weimar Republic.
@WilsonLee123
@WilsonLee123 27 күн бұрын
Work hard, add value to your community, and take care of your friends and family. Things are about to get interesting!
@curtisyoncis7880
@curtisyoncis7880 27 күн бұрын
Hard to hear, but much appreciated information. It's refreshing to hear honesty and the truth about our economy. I'd sure like to see Brian in a powerful political position, but the "swamp" would never allow it.
@flir67man84
@flir67man84 Ай бұрын
He’s right, right now in NC .. in the last 30 days eggs shot up to 6.69 a dozen.. at foodlion the 30 egg pack was 4.00 now 9.00 , crazy
@ananda_miaoyin
@ananda_miaoyin Ай бұрын
Welcome to California!
@MestizoMoney
@MestizoMoney Ай бұрын
Egg prices going up is because of avian flu
@BenamarMedina
@BenamarMedina Ай бұрын
What’s crazy is that there are people that don’t have a clue why this is happening.
@CameronTheHuman
@CameronTheHuman Ай бұрын
I see a lot of people blaming corrupt politicians and the rich for the debt crisis, but it’s not that simple. There’s more at play than just bad actors, it’s a complex system with a lot of moving parts. Instead of just pointing fingers, we need to focus on policy solutions that can actually improve things. Cutting programs across the board might sound like a solution, but that creates bigger problems. Programs like Social Security, healthcare, and education aren’t just expenses, they provide economic stability. If we slash them, it doesn’t just save money, it causes job losses and reduces consumer spending, which shrinks the economy. Look at what happened in Kansas when they made massive cuts to education and services, it led to a statewide budget crisis and economic stagnation. On the flip side, relying on printing more money leads to inflation, which hurts the middle and lower classes the most. Prices for essentials like food and housing soar, eroding people’s buying power. Venezuela’s hyperinflation is a clear example of this, where basic goods became unaffordable and the economy collapsed. We often think the ultra wealthy want to keep getting richer while keeping others poor, but that can backfire. When the middle class weakens, the rich also lose in the long run. A strong economy requires a strong consumer base, and if most people can’t afford basic goods or services, businesses suffer, stock prices drop, and even the wealthy take a hit. The rich can only stay rich if there’s a stable, functioning economy beneath them. So, keeping the general population economically strong is in everyone’s interest, including the wealthy. Instead of these extreme measures, we should focus on making systems more efficient. For example, the US spends significantly more on healthcare per person than countries like Canada or the UK, yet we don’t see better outcomes. Reforming how we handle pricing (by negotiating drug prices or eliminating redundant administrative costs) could save billions without cutting care. Similarly, the military budget is another area. Do we really need to spend billions on outdated equipment, or can we focus on modern threats like cybersecurity? Taxation is also part of this. It’s not just about cutting or raising taxes, it’s about making sure the tax system is effective. We can keep or raise taxes on the wealthy and corporations, but we also need to close loopholes that let them avoid paying their fair share. For example, closing the carried interest loophole, which allows hedge fund managers to pay lower tax rates on their income, or preventing multinational corporations from using offshore tax havens to avoid US taxes, would bring in significant revenue without raising rates on average Americans. The key takeaway here is that we can’t just blame vague actors like ‘the corrupt.’ We need to focus on what specific policies will improve the system. It’s about optimization, not oversimplification.
@JuwanBuchanan
@JuwanBuchanan Ай бұрын
You pretty much nailed. Bad politics, corrupt politicians, and greed has gotten us to this point.
@zf436
@zf436 29 күн бұрын
saving money means less jobs according to your logic. think of all those lost admin jobs and significant effects on the people working in those industries.
@karenkramer3760
@karenkramer3760 17 күн бұрын
Have always loved you Brian. Keep up the good work.
@MagarethWoods
@MagarethWoods 28 күн бұрын
Honestly our government has no idea how people are suffering these days. I much feel sorry for the disabled and homeless people who don't get the help they deserve. Everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.
@ningyen1444
@ningyen1444 28 күн бұрын
You are absolutely right 💯
@btr333
@btr333 Ай бұрын
I think one problem is we spend too much on health care. We spend more than other country with larger population like India and China on health care. Big pharma needs more regulation imo.
@mir22v
@mir22v Ай бұрын
We spend more and have worse outcomes, much worse.
@ShalowRecord
@ShalowRecord Ай бұрын
@@mir22vbecause we have no true competition. The ones in the game lobby politicians to make it harder for that.
@frankxu2321
@frankxu2321 Ай бұрын
Yes but China and India are not providing same level of medical service.
@btr333
@btr333 Ай бұрын
@@frankxu2321 Sure. But do we need to put our nation in record debt for that? Or is big pharma too greedy?
@mikeg2491
@mikeg2491 Ай бұрын
@@btr333I don’t know why people blame big pharma. My routine tonsillectomy would have cost $7k without insurance, it’s the hospitals themselves bankrupting people not the prescriptions.
@unclefester6501
@unclefester6501 Ай бұрын
Money is not wealth today, debt (to buy assets) is wealth. 1973 fiat currency changed the game.
@richardrodriguez-dj1xn
@richardrodriguez-dj1xn Ай бұрын
I've been telling people for the past 5 years on Hyperinflation Is Here.
@d10g36
@d10g36 24 минут бұрын
Just sold one property and bought BTC last month, so far so good 🚀🚀🚀🚀
@godmuzic7136
@godmuzic7136 Ай бұрын
Thank you so much for maintaining the highest level-quality of excellence always. It is your viewers' joy, delight, and privilege to receive such vital perspectives and wisdoms. I appreciate your in-depth understanding and consistently concise presentation of the "Meat" of the matter always. Thank you.
@BL0CKchainGANG
@BL0CKchainGANG Ай бұрын
How about they reduce their $400,000 a year salary doing nothing...
@stevezilla68
@stevezilla68 Ай бұрын
Anything that can't go on forever, won't.
@wnklee6878
@wnklee6878 Ай бұрын
One more problem: The US dollar is in the process of loosing world currency status.
@henrysheppard3433
@henrysheppard3433 Ай бұрын
Because other countries are tired of USA changing value of the dollar to suit USA purposes
@rohitkothari3890
@rohitkothari3890 Ай бұрын
Agree with you, we should have taken the pain during GFC instead of kicking the can. The more u stretch the band, the worse it will snap back when it does.
@sobmogx
@sobmogx Ай бұрын
I really enjoy your content. Especially how frustrated you are with the federal government's monetary policy.
@nickybee1234
@nickybee1234 Ай бұрын
Why keep sending money to other countries?
@clearvaluetax9382
@clearvaluetax9382 Ай бұрын
Probably because it's not their money. Easy to spend when it's not yours.
@Wahinies
@Wahinies Ай бұрын
​@@clearvaluetax9382"The problem with socialism is that you eventually run out of other people's money." -Margaret Thatcher
@Censortubes
@Censortubes Ай бұрын
@@Wahiniesif everyone is in the wagon. Who’s pulling it?
@tj7870
@tj7870 Ай бұрын
@@Wahinies you know socialism is good if the greedy capitalists don't like it!!!
@cheaplaughkennedy2318
@cheaplaughkennedy2318 Ай бұрын
Expanding the currency, part of their plan.
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