Financial Crisis Warning: Former FDIC Chair Reveals Debt Now ‘Unsustainable’ | Sheila Bair

[@TheDavidLinReport]

How does an unsustainable debt trajectory trigger the next financial crisis? Subscribe to my free newsletter: davidlinreport.substack.com/ Listen on Spotify: open.spotify.com/show/510WZMFaqeh90Xk4jcE34s Listen on Apple Podcasts: podcasters.spotify.com/pod/show/the-david-lin-report FOLLOW SHEILA BAIR: X (@SheilaBair2013): x.com/SheilaBair2013

[@END-THE-FED]

Debt becomes worthless.

[@giridharkrishna5263]

Servicing larger interest payments on accumulated debt and high deficits leads to larger issuance of T bills which markets may not be able to absorb and can lead to unsustainable interest rates and even a failed auction. Also increase in interest rates could trigger more defaults in corporate bond markets and can devastate the banking industry. At the same time, there is de-dollarization internationally where many sovereign funds are parking excess cash in gold and awaiting from dollar! A perfect storm brewing in the backdrop of elevated stock market!

[@Jakepattison42]

It's a bit annoying and unfortunate. When i was born, the national debt was $2,150 per person. Now it's over $100,000 per person. And I'm not even that old. It's truly alarming and best advice get out of debt, make regular investments and be debt free and financially stable.

[@derrickholfman2]

Safest approach i feel to go about it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert

[@Aarrenrhonda3]

No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my Financial advisor are working on a 7 figure ballpark goal, tho this could take till 2025.

[@SteveEstrada-js9nu]

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[@Aarrenrhonda3]

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[@user-gr6og9dj7l]

She was doing so well, until she said that the FED "Wasn't politically influenced". 😂😂😂

[@jedclampett7705]

Exactly!

[@jimferrarie7724]

@@jedclampett7705 Guests sometimes are full of themselves thinking we don `t understand everything they talk about in economics like they do. Not everyone is totally naive to economics and yes she slipped up politically ( ha ha ) . She also was directed ! to sell banks pennies on the dollar during the banking crises. rising debt problem will always be in play , a balancing act forever. simply put, use your own check book, do you spend money you don`t have ? also Social security $ will be bailed out by the trump administration buying Bitcoin just you wait and see. She feels really good about the banking industry ? what chart is she looking at ?

[@jcgoogle1808]

Had to skip through the child book nonsense,... and about 7 minutes in,... She voted for the insanepolicies of an insanecandidate, word saladKackles,.. ,.. she believes that "I grew up in a middle class neighbors where people mowed their lawns,.. nothing comes to mind that she would do differently" are in depth intelligent responses to solving all of the crises THEY created,.. after $8 trillion was added to the debt unnecessarily and unprecedentedly when we weren't and aren't in a recession,.. "the economy is doing so great". and she's supposed to have some kind of economic opinion worth listening to????? She has no credibility, I'm out.

[@George-hl2xm]

It’s not supposed to be the Fed is a separate entity 🙄

[@jedclampett7705]

What a load of crap. The Fed has never been influenced by politics??? And she believes this??? LOL!!! 😂

[@Drone-h2i]

91% donate to democrats

[@thyslop1737]

Cannot believe the first two minutes of the interview of this woman. Totally dances around the corrupt, bankrupt fed system of debt creation. How they have a monopoly, a stranglehold on currency, debt creation enslavement. She actually mentions saving money. She conflates this currency as money, cuurency that constantly is being devalued.

[@jcgoogle1808]

Had to skip through the child book nonsense,... and about 7 minutes in,... She voted for the insanepolicies of an insanecandidate, word saladKackles,.. ,.. she believes that "I grew up in a middle class neighbors where people mowed their lawns,.. nothing comes to mind that she would do differently" are in depth intelligent responses to solving all of the crises THEY created,.. after $8 trillion was added to the debt unnecessarily and unprecedentedly when we weren't and aren't in a recession,.. "the economy is doing so great". and she's supposed to have some kind of economic opinion worth listening to????? She has no credibility, I'm out.

[@benjamindavis2896]

Kamala cackle [28:10]

[@George-hl2xm]

Why because it doesn’t support your views

[@draspotnuk]

I wish you asked, can the FDIC bail out everyones deposits and not just the one silicon valley bank in the event that multiple banks have to realize their losses. What if its not just one investment bank collapse, but a large volume of regional banks. What can the FDIC do...

[@bradw2k]

They'll print like bananas. Then the serious double-digit inflation will follow.

[@stefanonbekend8177]

FDIC IS USELESS, BETTER WITHOUT THEM.

[@MauriceWadley]

Predicting inflation starting to rise again this quarter while leading indicators showing economy slowing (not to mention governm*nt figures pumped up for the election). Global economy very weak which affects US. Fed dropping rates 0.50 shows they're VERY worried about financial downturn/crisis. interest rates coming down are also an indication banks are LESS willing to loan money into existence. The question here is where is the inflation going to come from in the near term? Consumers are mostly tapped out which is 70% of US economy (consumption). Yes inflation very likely to return but not before it continues to come down... 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 3.2 B'tc to a decent 27B'tc in the space of a few months... I'm especially grateful to Alison Bruce Crypto, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@CalvinCooper-k7t]

Alison Bruce expertise in cryptocurrency is like a secret formula for success!

[@Adnancorner-p1h]

I’ve seen many positive comments about Alison Bruce. Can someone guide me on how to reach her?

[@BridgetteEstevane]

Got a chance to benefit from her services a few weeks ago and it has been a very smooth experience.

[@MauriceWadley]

Her program of expertise is all over the internet Alison Bruce Crypto

[@rebekakinnin8903]

Trusting Mrs Bruce with my investments was one of the best decisions I made. She offers the flexibility to monitor your investments and request payouts whenever you need.

[@khutzey4149]

“Most of those people (federal employees) we need.” This women needs to get a reality check; esp in DC. These people are told to do a weeks worth of work in a month - not hyperbole. Talk to the honest ones!

[@mikedavison4313]

That's only a small part of the problem. The major issue is process efficiency. The processes take a week of manpower to complete when it should only take hours. Its process inefficiency not just laziness. How many times have you had to fill in unnecessary forms whilst also having to repeat the same info over and over again.

[@petergozinya6122]

I’m trying to figure out why we still need the Postal Service

[@jcgoogle1808]

Had to skip through the child book nonsense,... and about 7 minutes in,... She voted for the insanepolicies of an insanecandidate, word saladKackles,.. ,.. she believes that "I grew up in a middle class neighbors where people mowed their lawns,.. nothing comes to mind that she would do differently" are in depth intelligent responses to solving all of the crises THEY created,.. after $8 trillion was added to the debt unnecessarily and unprecedentedly when we weren't and aren't in a recession,.. "the economy is doing so great". and she's supposed to have some kind of economic opinion worth listening to????? She has no credibility, I'm out.

[@crikey47]

​@mikedavison4313 sorry but this sounds like my bank.

[@crikey47]

​@petergozinya6122 because a lot of people depend on it. Before Joy, when it was reliable, it was the best way to get something from point A to point B inexpensively.

[@mattaustin4209]

Broken record ! Move on.

[@higgpigg4326]

This lady lost me at the FED has never been politically influenced 😂

[@Gid-J]

"FED Wasn't politically influenced", Voted for Kamala, what a weak guest David.

[@sumitomoO0O]

Inflation is good for asset holders, bad for wage slaves. Assets inflate much faster than CPI. Top 10% richest americans own 90% of the stocks and pay lower capital gains tax rates while wage slaves pay ordinary taxes

[@jcgoogle1808]

It's mot good for anyone. Inflation driven asset appreciation is not real growth. It's just staying even at best. Had to skip through the child book nonsense,... and about 7 minutes in,... She voted for the insanepolicies of an insanecandidate, word saladKackles,.. ,.. she believes that "I grew up in a middle class neighbors where people mowed their lawns,.. nothing comes to mind that she would do differently" are in depth intelligent responses to solving all of the crises THEY created,.. after $8 trillion was added to the debt unnecessarily and unprecedentedly when we weren't and aren't in a recession,.. "the economy is doing so great". and she's supposed to have some kind of economic opinion worth listening to????? She has no credibility, I'm out.

[@petergozinya6122]

I’m writing a children’s book too. It’s titled “How my daddy’s young secretary became my new mommy”

[@Chanelmichelle22]

Hahaha😂

[@MikefromTexas-t8l]

Why does anyone care what Bair thinks. During the "Financial Crisis" she was the woman in the corner crying. She was never a leader, always a follower.

[@END-THE-FED]

Nobody is going to do anything about the deficit because thay would have to admit that the debt is the problem and that it is too broken to fix.

[@Sammy517]

"Debt is unsustainable" - This has been said for a very long time. Major crisis was supposed to take place when debt reached 80%. Nothing happened. It crossed 100%, 110%, 120%.... so far nothing. It may happen next month, next year or next decade. The fact is that nobody knows when there will be crisis. This will probably go on until one day the bond market says "Enough is enough!" like what happened in UK and Liz Truss was out in 45 days

[@toinengwyn3935]

The crisis is already here. You can see it in the slowest population growth in the last few decades. Record homelessness and historical personal and business debt. We are not far away from being the next Japan.

[@CaptainCaveman1170]

The manifestation is here. It has been for years. The erosion of the middle class, accelerating wealth inequality and the subjugation of two whole generations, turning them into defacto serfs so that the debt cycle never harms a single boomer hair...

[@CaptainCaveman1170]

​@@toinengwyn3935Not Japan, pre-revolutionary France...

[@toinengwyn3935]

@ I highly doubt that. The U.S. electorate continues to vacillate between the same 2 parties that have been conducting our financial train towards the abyss.

[@jcgoogle1808]

But she voted for more of it. Had to skip through the child book nonsense,... and about 7 minutes in,... She voted for the insanepolicies of an insanecandidate, word saladKackles,.. ,.. she believes that "I grew up in a middle class neighbors where people mowed their lawns,.. nothing comes to mind that she would do differently" are in depth intelligent responses to solving all of the crises THEY created,.. after $8 trillion was added to the debt unnecessarily and unprecedentedly when we weren't and aren't in a recession,.. "the economy is doing so great". and she's supposed to have some kind of economic opinion worth listening to????? She has no credibility, I'm out.

[@wapiti3750]

Thanks!

[@adamm2716]

she makes interesting points but lets be real federal employees work incredibly slow, real production hours of 1-2 a day. no need to feel bad for them

[@Resmith18SR]

Do you call what they do work? 😂

[@circlelabs]

She voted for Harris? For her detailed and well thought through fiscal policies? Lol

[@julianss3289]

The big problem IMHO is that we do not save 'money' but we save someone's debt which can be inflated by that same someone. This is a fool's game and more and more people realize it and don't want to play it anymore.

[@LunaKaiFloat]

just stop paying them , whoever owns the debt …

[@JosephAccetturoII]

I agree with everything she said except the part where she said the federal government helps people. The federal government is a non-functioning bureaucracy that helps absolutely no one. It is a thorn in the ass of progress.

[@WordAroundtheCampfire]

It is mind blowing she can’t understand it is the wasteful spending that is being removed not just the employees.

[@PonziZombieKiller]

Rewarding Failure and Class Warfare

[@petedivine]

Social security has always been accumulating compound interest. By design social security can only buy govt debt instruments. It’s just monetary policy screwed over the bond holders including social security. This lady only goes an inch thick in her understanding of the monetary system.

[@Blackpiller7]

No insights from her.

[@Ambrosetruong]

Bought XAI58N after watching your video, super excited! 💰

[@mikedavison4313]

The problem with ALL government departments at ALL levels of government has many facets. Firstly funding is seen as "other people's money" so nobody cares about wastage and efficiency. How many times have you heard about government departments blowing vast sums at the end of the financial year just so next years budget doesn't get cut. The other problem is the culture of process first, common sense and practicality second. I know this sounds crazy but one solution is to make it more like a commercial like structure where the "God pod" of each department gets bonuses for driving efficiency and productivity with sweeping powers to staff based on need.

[@august-first-2025]

The debt is irrelevant. Balance the budget is the only important thing. Start retirement at 75. Put kids to work at 14. No more freebies for anyone.

[@nicklebuck]

Sounds like the 0ligarx dream

[@joshuawilson1407]

As soon as she said the Fed hasn’t been politically influenced I turned it off. She’s a joke!

[@gringadoor5385]

Comments saved me from wasting 28 minutes. Anyone who voted for Kamala has no opinion worth listening to.

[@culturepreneur]

Damn you sound just like a leftist 😂

[@jcgoogle1808]

Exactly. Had to skip through the child book nonsense,... and about 7 minutes in,... She voted for the insanepolicies of an insanecandidate, word saladKackles,.. ,.. she believes that "I grew up in a middle class neighbors where people mowed their lawns,.. nothing comes to mind that she would do differently" are in depth intelligent responses to solving all of the crises THEY created,.. after $8 trillion was added to the debt unnecessarily and unprecedentedly when we weren't and aren't in a recession,.. "the economy is doing so great". and she's supposed to have some kind of economic opinion worth listening to????? She has no credibility, I'm out.

[@David-yn7wl]

I really like Sheila because she’s always honest ❤

[@demonridera]

She is knowledgeable and knows there's no solution to the debt problem. She offers none. The exorbitant privilege is over. US is just one of the countries in the world and same rules apply. Debt too high, economic pain is inevitable

[@tswierczek]

Get back to me when Americans will vote for someone that says they're going to implement austerity measures to cut our debt. This constant nonsense that we can "grow our way out of debt" is a bunch a baloney.

[@unclefester03]

This lady is one of the bankers that should of been jailed

[@PhillyBluntske]

Love when you have boomers on that are still living in the old world

[@anonymousAJ]

stay in the roach motel folks, the FDIC Deposit Insurance Fund will cover 2% of your losses

[@cultleader3572]

We hit $36 trilling debt today

[@bradleyqueen3879]

Hitting new records every second.

[@hexicanlostinasia213]

Soooo she didnt vote for him but she thinks he will help the economy get better. Cant make this stuff up.

[@devpav9880]

She's a member of our degenerate ruling class so she can afford to use her vote as a pro-abortion virtue signal.

[@dkelley725]

One for the ages, the truth the people don’t want to hear. We need to deal with the challenges now.

[@susannicky]

The BIGGEST LIE You've Been Told About Money is that it doesn't grow on TREES!! 😆

[@ibrahimaisaadan]

I agree with you!! Money actually grow on trees but only on trees that was planted by you!! These tress are referred to as investments. How you diversify your investment portfolio matters

[@BaffySchenck]

I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

[@joefuentes2977]

You put the quotes around the wrong word in your title. You meant to say "now" unsustainable... Because it's been unsustainable for the past 15 years.

[@TheKietNguyen-dy1dz]

Super super great information brother and sister 👍😊❤❤❤❤❤

[@wapiti3750]

Lin is one of the top financial analysts on KZbin. He also possesses the coolest looking hair-do! Who has more wild, untamed rooster tails than David? Nobody. 🙂

[@tatianastarcic]

We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.

[@LUCIASMITH-d1z]

Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.

[@richardhudson1243]

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst

[@JacobsErick-u8r]

Could you possibly recommend a CFA you've consulted with?

[@richardhudson1243]

My CFA ’Melissa Terri Swayne , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@winifred-k9e]

Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.

[@CereneSetliff]

She lost me when she said “fed employees work hard.” She’s clueless. Try the private sector, where we have no pensions, no real job security, and every day we must add value if we want to remain employed. Must be nice to make money writing these kinds of children’s books though. Clearly I am the one doing it all wrong.

[@manishdoshi5915]

David, federal reserve has been monetizing debt through banks.

[@BlueWaterSTAX]

Absolutely BRILLIANT discussion. Thanks 👍

[@Resmith18SR]

Trump has said that he would fire Jerome Powell if he could and he might try if he doesn't do what Trump wants and lowers rates back to 0 or very close to 0.

[@jimbobarooney2861]

Trump can't fire Powell. Trump throws out these ridiculous statements to rile up the plebs and defer blame. Lets assume Trump wants lower interest rates, well to do that he has to tackle inflation and reduce deficit spending, is he going to do that, not likely

[@sorinsop]

The amount of dollars changes, not the value of bitcoin...jeeez

[@alos66]

I have a question: How Japan still survives and it does not have the economics problem like Us. The Japanese GDP vs the Debt is much higher than USA is around 268% compared to USA 123%. Why this question never asked to this well educated and powerful people like Mrs Sheila Bair? My second question is: Is the money or the bond comes first? Does the bond create the money or the Money printed first buy the bond? I know both answers because I educated myself and I would like more people will do the same as me to understand better what happens with the debt vs Gdp.

[@fledglingphnx7474]

Love David, terrible partisan guest. She reminds me of almost every condescending teacher I ever had.

[@25Soupy]

Yes, surprise surprise it wasn't a problem 2 weeks ago but all of a sudden it is.

[@wisemanm6390]

It will be 37 by the time T takes over.

[@Gabber44906]

Of course it will rise how couldn't it?

[@cybernate77]

She forgets one important point. The US cannot service its debt at 4-5% interest rates. If we were to keep it the same, the US would eventually succumb to its debt and default, leading to economic catastrophe. So no we cannot return back to "normal" rates. We screwed ourselves by introducing QE and very cheap debt.

[@Grangusgold]

Good job. More and more large caliber guests!

[@MediaMania2010]

I see people interviewed on this channel crying Wolf so many times that eventually, one of them will get it right by accident… everyone wants to be the first to predict the next crisis.

[@dubasciver3234]

Excellent interview David.

[@anonymousAJ]

finally a book written at a level even politicians can understand

[@mrg7407]

Why Do We "NEED" A Dept of Education with THOUSANDS of Employees in DC to Educate Jimmy & Jane In Alaska? Is Sheila suggesting That We The People are too Dumb to handle this on a State Level?

[@robertwalker5521]

FDIC needs to go back to ALL who were paid more than the $250,000.LIMIT. Make those people PAY BACK to the system. Until then, you/they lack trust, ethics, class, honesty

[@bigqueue]

It's quite silly to think that the Federal Reserve is not manhandled by the federal government even if just indirectly. That is to say, the federal government is the largest user of money and debt, and so when the Federal Reserve tries to keep the money supply in his place where it stabilizes jobs and interest rates, it's going to be basically responding to the debt needs of the federal government. The federal government doesn't need to order them to do anything, they just spend and that spending is what demands the Fed respond to their mandate.

[@ChrisDennis-dp3md]

Thanks David!

[@morisakukatsumon5967]

Also her opinion on "If you were a wizard in your book, what would you do" is very interesting to me. Instead of developing a solution she essentially said to do nothing and maintain the status quo which is exactly right. 100%. if you address the rising debt then you enter a period of deflation. prices go down and demand skyrockets. then supply is gone and you enter a recession. With this kind of economy, sheila is spot on. Do nothing. I, david, pose that the system itself must change and that is why sheila gave the answer she does which is to maintain the status quo.

[@RWROW]

Why didn't the Fed governors act since 2010 on the commonsense points that Ms Blair makes about ultra low interest rates?

[@reinhardrinaldo350]

Once a Federal bureaucrat always a ...😊

[@_Thoughtful_Aquarius_]

Another great show from the David Lin Report! Is Sheila Bair working on a new book for adults?

[@TomásGomes-j2q]

Thank you for your videos... The US economy faces ongoing challenges with high inflation and tightening credit, and though a full recession is uncertain, the risk is palpable. Rate cuts, while aimed at spurring growth, come with inflationary risks, and banks are restricting consumer and corporate lending, potentially leading to deflation in asset prices. Stock markets are volatile, layoffs are increasing, and a rising unemployment rate could signal a more entrenched economic slowdown. Retail and housing sales are expected to decline further as consumer spending cools. Though certain assets like stocks and cryptocurrencies may act as hedges, they remain vulnerable to market swings, making cautious, diversified strategies essential. Through a combination of long- and short-term trading, I’ve grown my portfolio from 130k to 532k, thanks in large part to the expertise of Milton Harper, whose deep market insights have been invaluable in navigating these unpredictable financial times...

[@TomásGomes-j2q]

He mostly interacts on Telegrams, using the user-name,

[@TomásGomes-j2q]

@MiltonHarper

[@kbs734-j8n]

This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.

[@AnthonyFisher951]

Thanks for sharing this here. A lot of beginners Like me are smashed out there every day. It's a good thing we have nice people here who want others to become successful as they are.

[@CatherineMason425]

Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate

[@brandymocanu6073]

Compound growth sounds great if inflation doesn't eat it!

[@morisakukatsumon5967]

I absolutley love tihs channel. Thank you for interviewing all of these economic titans so often!

[@brianwills4476]

Given how important Ms. Bair considers the interest rate on Treasuries---why didn't she tell the audience about the actions of Janet Yellen with regard to the sales [funding US govt] of Treasuries during her term? No treasury sec't in history has funded the gov't with so much short term debt. The next treasury sec't will have to sell a great deal of long term treasuries [5-10-30] in order to achieve the necessary balance which will drive up rates for those notes and bonds. That will give her and her friends [fellow Harris voters] the excuse to "scream" about the Republican's budget deficits. I didn't see any tears in her eyes about the Biden/Harris historic budget deficits that made her fellow democrats much richer and 60% of the US population living paycheck to paycheck!!!

[@yoshihiroikeda8230]

try?😂central bank we don't need.book don't fix nothing .

[@JDawg-y6e]

In regards to Department of Government Efficiency....I'm all in. I've witnessed wasted money on useless people in various CA govt agencies and higher education. So many unnecessary job positions and all their excess benefits. Also, the amount of money spent on useless projects and poor decision making. I don't care about finessing it anymore ..rip the bandage off now

[@anonymousAJ]

'we need FDIC to protect depositors' Canada doesn't have one and they get along just fine (better than US in terms of financial crises) also why not apply this model elsewhere? if I choose a bad business partner the federal government can bail me out

[@littlebitmckee8234]

Thank you

[@higgpigg4326]

David this isnt going to wear well on your subscribers

[@manishdoshi5915]

David, Can you please ask all these people, if they think fed is increasing liquidity while adjusting interest rates? As per Michael Howell, interest rates don't matter post GFC. It's always a refinancing crisis of $350T of debt we have in the world. As per him we need $70T to refinance debt every year. Hence fed is going to keep liquidity up while playing games with interest rates.

[@ptupy]

The federal civilian workforce as a percentage of the total population was higher in 1985 (0.9%), in the middle of Reagan’s presidency, than it is now (0.8%). The notion that you can fire government workers and make a dent in the country’s fiscal trajectory is absurd. She is right that you should look at some of the fat cats outside of government who benefit the most from government spending. Perhaps we should start with Musk, the new efficiency tsar whose monopolies have sucked in an estimated $20 billion in federal subsidies, defense contracts, and green tax credits while he’s been pretending to be a champion of individual liberties and free markets.

[@titchglover2601]

thanks David, Sheila

[@Mikolas649]

Lost any credibility, voting for DEI, bloated buracracy and her big pension.

[@Aklilu09]

The interview was too short. Please bring her back for further discussion. She is brilliant.

[@bigqueue]

You see more robust growth when interest rates are at more normal levels because interest rates are set by looking in the rearview mirror. That is to say interest rates are set after the growth has begun. The interest rates don't create the growth as much as the growth creates the interest rates. Yes, the interest rates go down when the growth is not good because they're trying to stimulate the growth but the second that the growth begins to manifest itself, they begin their process of normalizing rates. So the rates by definition follow the growth and the rates go down when the growth goes down. So of course it's going to look as though low interest rates do not create growth, but you need to look at the growth let's say 6 months after the interest rates are lowered not at the time that the interest rates are low.

[@mrpower33]

David should have the chicken littles talking about economic and stock market crashes from a year and two years ago back and ask them about their returns? Who’s with me?

[@backrack01]

In 10 yrs..

[@TouroUrso]

Will we be seeing Mr. Lin at the NOIC next week?

[@MaricelAbella-g7x]

Banks provide most of the money. This lady‘s perpetuating a lie

[@sumitomoO0O]

Bitcoin reserve is the newly invented legal way to transfer wealth from tax payer to bitcoin holders and politicians who are now buying bitcoin

[@balbaluna600]

You can buy it too...

[@thimsile]

Since it'll belong to the tax payers, you don't need to cry as it'll make all of us richer as a nation, including you

[@sumitomoO0O]

@@balbaluna600 I dont want to be forced into gambling my retirement savings, what if I follow your advice buy bitcoin and the next president declares bitcoin as illegal like China did and sell all the bitcoins, then are you going to send me your money since I follow your advice?

[@laurencedahlmer2739]

what about all the years of the SS surplus that if actually paid back would be with current garbage dollars ....

[@sharlaly60]

Following you for a year, made $10K in profits.

[@thomasboyd7978]

The Wizard....I love it! OK, parents have you kids learn this stuff!

[@markdossett9100]

The only financial crisis is for those that are living pay check to pay check. The wealthy are not really affected by inflation or any cost increases.

[@JustaPoorFarmer]

You are loosing me as a subscriber. We need to keep most people in government. That’s PURE BS!!!

[@jyotisharris]

My investment portfolios are Bitcoin, ETH and XAI58N

[@aylmerrf7p]

Thanks for the advice! Got XAI58N, feeling bullish! 🚀

[@johnny7096]

It’s not unsustainable because they can print money.

[@GuilhermeS123]

You should study economics. Printing money is the best way to destroy entire economies and trigger social unrest ever seem leading to complete collapse of all state. Get a grip

[@Discovery2024-rn8kn]

Love the hair Davy

[@Shadytube2024]

Sheila is brainwashed 🧠

[@William-c1k]

Sheila should call Warren Mosler...

[@lokechanmun8587]

Trumpery will take the debt over the cliff.

[@selma5885]

I'd like to know where she is investing................

[@ChrisDennis-dp3md]

Did she say the Fed isn't politically influenced?