Yanis Varoufakis is a fountain of knowledge and wisdom. It's wonderful how he frames everything in terms of incentives and human psychology. It makes his thinking very clear and consistent. I'm tired of most modern economists who pretend that incentives and human psychology don't matter and who talk about everything in terms of cherry-picked models, manipulated formulas and statistics. Too many economists today are all smoke and mirrors; they never even try to explain why things are the way they are.
@concernedcitizen138210 ай бұрын
Άντε Γιάννη πήγαινε!!! Είσαι τόσο απίστευτα έξυπνος!
@crypto9869 ай бұрын
what who says phchology dont matter? name one economist?
@ajayagarwal35334 ай бұрын
N8
@noIMspartacus23 ай бұрын
If anyone 'thinks' that this shameless opportunistic champagne socialist with delusions of adequacy really knows or means what he regurgitates, then humanity is in deep kaka! Just ask his "left wing" comrades who dropped kicked him out of their treasonous stooge government - if you can find what's left of it... (pun intended)
@directorchris2Ай бұрын
Great Story tELLER economists R Type of Performers & He S Teacher too. But 4 Things Of That He Said R Unenforceble Secretly Tyraniccal . & Capitalism WORKS GREAT if you priest like enforce Extermination of crapbags and worthless Byllshitters. He Dont Want that Because He S The Latter. NOT OPPOSING the Other Ministers WERE WORSE THAN HIM
@cgaumerd2 жыл бұрын
What a breath of fresh air. History, Economy, Philosophy... Hope.
@hans-joachimbierwirth4727 Жыл бұрын
Would be fantastic if it wasn't only air but some basic knowledge too. Hot air isn't that scarce actually.
@FreeMind... Жыл бұрын
BS...unfortunatelly you're not Greek and you don't live in Greece. If you were, you would know what an idiot is Varoufakis. The worst Finance Minister we ever had. Just theory and nothing more. Six months were enough to prove his incompetence.
@slawomirhering3770 Жыл бұрын
Who rule the world Polish men says BIS-IMF-FED triangle currencies monopoly. Their goal is CBDC programable token of nothingness follows by Neurolink microchip brain implant AI humanoid SLAVERY death holocaust. There is nothing in betwen those parasites goal is rule entire world and cut population. So all shit talk about demografii is BS , they sent to Europy usless ,unskillled forced bustards. In Poland we need those go get visa and it is limited not for sale all those corrupted goverment could done so Shortly. So the Global Goverment want distroy our values mix us make us losse identity and give up. They don't care about demografii becasue they kill you all this argument is down invalid crap.
@PablosRagin Жыл бұрын
If you view the world through a Marxist lens
@DorkDork69 Жыл бұрын
@@hans-joachimbierwirth4727recommend some resources that has basic knowledge and not hot air
@panosagrafiotis53212 жыл бұрын
Yanis is a strong communicator, gets the message across eloquently, using allegorical language. It's quite captivating for a listener. Thank you, enjoyed your chat.
@mrshanemfar2 жыл бұрын
very glad you enjoyed!
@martinpetersen31872 жыл бұрын
Only to listeners who listen rather uncritical to his musings and have a very limited knowledge of Economics.
@shafiyaalgiquadra11052 жыл бұрын
Precisely!
@JoseighBlogs2 жыл бұрын
@@martinpetersen3187 Does one detect an air of ridiculous superiority in your old-fashioned tone with your dismissive assumption that other listeners, who you know nothing of, have no critical quality or knowledge of what is being discussed apart from you? In any case, are we always to spoil the pleasures of listening to sages with suspicions, negativity and with judgmental hearts? Yanis Varoufakis, a recognised Greek sage, could comfortably sit and muse with his renowned forebears Aristotle and Plato. And, what about you? Perhaps, your negatively judgemental answer to Yanis will be presented in a podcast of your own very soon from which we might equally sigh and swoon over for its poetic delivery of ideas and truths ~ aye?
@martinpetersen31872 жыл бұрын
@@JoseighBlogs He might be recognised by some as a Greek "sage". But believe me there are others who have a far more critical view of him, his arguments and his policy as a former Minister of Finance. But I have to admit that as a Minister of Finance he succeeded in one effort most others would have failed: he united 18 Eurozone Finance minister against the then Greek government and alienated in no time politicians who sympathised at the beginning with the government he was a part of.
@raphaelprotti553611 ай бұрын
This is foundational information for people trying to gain an understanding of modern finance. Well done ES. I look forward to more fantastic work from you.
@EscapedSapiens11 ай бұрын
Much appreciated! :)
@TheEngarn Жыл бұрын
Yanis is a great academic and as a great academic has the talent of being able to rationalize complex topics with clear communication. Great interview! The biggest drama of all this is that currently socialism exists for the elites, which are constantly bailed out by the governments, the rest of the society lives under market rules and austerity. This will sink the so-called west if not addressed now, we are nearing the point of no return.
@lubishomem Жыл бұрын
I always loved listening to Varoufakis debates, he had the balls to try and stand up to the IMF
@noIMspartacus23 ай бұрын
If anyone 'thinks' that this shameless opportunistic champagne socialist with delusions of adequacy really knows or means what he regurgitates, then humanity is in deep kaka! Just ask his "left wing" comrades who dropped kicked him out of their treasonous stooge government - if you can find what's left of it... (pun intended)
@malectric Жыл бұрын
I like Yanis' power of reason and humanity. The world needs more people like him. For me this is not a matter of left or right - it is a matter of right and wrong, a morals-based position.
@theprophet48910 ай бұрын
Tell that to the bully and the slave masters of capitalism
@treenturner4577 Жыл бұрын
Ive listebed to yanis for a few years now. Think hes more truthful than most. Hes great!
@drenoc0072 жыл бұрын
Mr. Varoufakis is kindred spirit to me. In a world that has stopped playing the music of life his every insight inspires a new tune.
@cavegirl37122 жыл бұрын
A bit of harmony in this world would be a nice surprise
@drenoc0072 жыл бұрын
@@cavegirl3712 it’s almost like our leaders are suicidal maniacs.
@antimattv2 жыл бұрын
@@cavegirl3712It's our job to start playing the song again.
@simonheaney8721 Жыл бұрын
Airy fairy hyperbole much
@antimattv Жыл бұрын
@@simonheaney8721 I have criticisms of the man but he just got the fuck beaten out-of him by right wing thugs.
@eirintowne Жыл бұрын
I live the way Yanis always manages to make me not just understand economics, but take an interest in it!
@duncansteedman998611 ай бұрын
I’ve been listening to Yanis for several years now thanks to The Joe Rogan Experience. His analyses are so precise and he’s such a wonderful communicator. We all really do need to take heed of his warnings 👍
@leewilton5082 Жыл бұрын
Yanis is a great human being. An example to us all. I was moved when he explained his reasons for helping his countrymen as finance minister.
@axlebain3689 Жыл бұрын
He ist Soros creature in Case you don't know.
@marcharries3568 Жыл бұрын
Yanks Varoufakis is a fake leftist with old fashioned rubbish ideas that have been rejected by modern mathematicians. He called Germany Nazis for bailing Greece out of debt incurred by a bloated lazy civil service. He is soo yesterday.
@concernedcitizen138210 ай бұрын
LOVE HIM
@daseladi Жыл бұрын
Without much previous knowledge about the interlocutors, did not expect anything. At the end, must say, one of the best talks I have watched. Bravo, both to the host and, especially, of course, to the guest, Mr. Varoufakis.
@gforcedod Жыл бұрын
I can’t believe that his favorite captain it’s also my favorite captain. This guy is a brother from an other mother :) made my day.
@jtrestik80 Жыл бұрын
Yanis is one of the smartest European! He is absolutely correct about his estimate of van der Leyen and all the crime carried out by the European comission.
@tonylewis34722 жыл бұрын
Yanis, a true gentleman. Pleasure to learn of his mindful experience and heart held ideals. Thank you.
@EscapedSapiens Жыл бұрын
Thanks Tony - our pleasure. Glad you enjoyed. Welcome to the podcast.
@jacktrotter-vm3nj Жыл бұрын
Thousands stolen I've had thousands of dollars stolen from my bank account, direct deposits made by the i.r.s. I did my homework and had a zoom meeting with an agent. After this meeting concluded he said, "this (tracer) could take at least 120 day's. Please examine the (roman fasces) on USA Senate walls. Then please read Daniel chp 2-9? We were decived by our government to inflict mass casualties upon a already very oppressed people's who did nothing to U.S. Please read (Twin Towers NYC was a mossad operation) What happen nexted, Afghanistan, numerous overthrow of various Middle Eastern States. Why, under pretense to destroy an enemy created by USA intelligence community for invasion, where we left billion's in military hardware too the very people we were hunting. Bagram airbase is now a chinese military advanced airbase. george w. bush jr. buy's 300k hectares in (Paraguay) centered on the world's quite probable last and largest (aquifer) covering at least three S.American countries. Who was in charge of the Twin Towers security, (MARVIN BUSH), the the president's brother, oh yeah! The USA has been positioned by a (beast system) for exploitation to manuver nation's into a ten-toe global economic union prison camps? What's coming, a strong delusion that people will embrace. Revelation 6:2 And I looked, and behold, a white horse! And its rider had a bow, and a crown was given to him, and he came out conquering, and to conquer
@marvintalesman6306 Жыл бұрын
He is a gentleman and he has great analytican abilities, BUT, at 52,00-55,20 , He DIDNT SAID A WORD for the 7th and 4th generation bankers, rothchilds, rockfelers, (correspondingly), ... and others, and that reveals him as a stooge of them, that was groomed by them, to replace the current puppets, supposed - leaders of the nations of europe, with the new breed of lapdog like governors......... He just talked about vague financial technical creachers that obliged their owners to work and work and beeing ....unhappy !! That kind of BS he is talked about .......
@stevosd60 Жыл бұрын
Yanus speaks like a well written book. His books sound the way he speaks. A great communicator.
@cristinaordeig711 ай бұрын
Great communicator, this gentleman succeeded to giving the opportunity of having an idea understanding of this important complexity of the power of the worlds. Thanks to the show!!!!
@oliverobracevic73442 жыл бұрын
Beautiful comparison of light and money👍
@kennethhancock24332 жыл бұрын
I need to find a money switch. 😊
@DJWESG12 жыл бұрын
You may also be interested in David Harvey's view of money as the different stages of water.
@DJWESG12 жыл бұрын
@@kennethhancock2433 realisation* is the switch, that's the moment the idea is realised as capital. When it becomes tangible to borrow a term.
@madjidmouas35192 жыл бұрын
Thank you both for the great interview. I've to say I enjoyed every second of it and discovered how great an economist is Mr Varoufakis, who I knew nothing of except his name and governmental function for a few years. He'll never win the Nobel prize, but I'll bet my last penny it doesn't bother him at all, given the intellectual value the prize, if ever it had any, has retained...
@jacktrotter-vm3nj Жыл бұрын
Thousands stolen I've had thousands of dollars stolen from my bank account, direct deposits made by the i.r.s. I did my homework and had a zoom meeting with an agent. After this meeting concluded he said, "this (tracer) could take at least 120 day's. Please examine the (roman fasces) on USA Senate walls. Then please read Daniel chp 2-9? We were decived by our government to inflict mass casualties upon a already very oppressed people's who did nothing to U.S. Please read (Twin Towers NYC was a mossad operation) What happen nexted, Afghanistan, numerous overthrow of various Middle Eastern States. Why, under pretense to destroy an enemy created by USA intelligence community for invasion, where we left billion's in military hardware too the very people we were hunting. Bagram airbase is now a chinese military advanced airbase. george w. bush jr. buy's 300k hectares in (Paraguay) centered on the world's quite probable last and largest (aquifer) covering at least three S.American countries. Who was in charge of the Twin Towers security, (MARVIN BUSH), the the president's brother, oh yeah! The USA has been positioned by a (beast system) for exploitation to manuver nation's into a ten-toe global economic union prison camps? What's coming, a strong delusion that people will embrace. Revelation 6:2 And I looked, and behold, a white horse! And its rider had a bow, and a crown was given to him, and he came out conquering, and to conquer
@LethalSami10 ай бұрын
Yanis is a hero. Respect for speaking the truth.
@alexbowie63162 жыл бұрын
This was great. Yanis is very Conscious.
@Deescizzle4 ай бұрын
Yanis is a Trekkie!!!! The Star Trek world helped me imagine a better future for humanity. We always have our flaws, but I remember that very episode Yanis reference and that very scene stuck with me as well. Once we can get pass the need to survive, essentially we can expand our horizons by utilizing and developing our talents to become better people. Thank you Yanis for all your work!
@Xestra374902 жыл бұрын
I really like Varoufakis he’s an amazing human being. I can listen to him hours and hours. He’s honest want a better world for everyone. Great economist. I wish I could be his neighbor and he’ll give a lecture and thousands like in old Anthen period could sit and listen to his teaching. Thank You 🙏🏼
@antoniocruz80832 жыл бұрын
The questions themselves were quite excellent and thought provoking, congratulations on that. At times I thought Yanis would have trouble answering them but no, he had the answer and his view at the tip of his tonge. Quite a powerful thinker.
@americanfacts62122 жыл бұрын
One has to read btwn the lines to get the full picture though.
@Showmetheevidence-2 жыл бұрын
He’s super well educated in his field.
@americanfacts62122 жыл бұрын
@@Showmetheevidence- yes but he cesurs himself a lot. You got to read in btwn the lines, then go to Michael Hudson & beyond to get the full picture. Yanis still wants to have one foot in "the club"...
@jacktrotter-vm3nj Жыл бұрын
Thousands stolen I've had thousands of dollars stolen from my bank account, direct deposits made by the i.r.s. I did my homework and had a zoom meeting with an agent. After this meeting concluded he said, "this (tracer) could take at least 120 day's. Please examine the (roman fasces) on USA Senate walls. Then please read Daniel chp 2-9? We were decived by our government to inflict mass casualties upon a already very oppressed people's who did nothing to U.S. Please read (Twin Towers NYC was a mossad operation) What happen nexted, Afghanistan, numerous overthrow of various Middle Eastern States. Why, under pretense to destroy an enemy created by USA intelligence community for invasion, where we left billion's in military hardware too the very people we were hunting. Bagram airbase is now a chinese military advanced airbase. george w. bush jr. buy's 300k hectares in (Paraguay) centered on the world's quite probable last and largest (aquifer) covering at least three S.American countries. Who was in charge of the Twin Towers security, (MARVIN BUSH), the the president's brother, oh yeah! The USA has been positioned by a (beast system) for exploitation to manuver nation's into a ten-toe global economic union prison camps? What's coming, a strong delusion that people will embrace. Revelation 6:2 And I looked, and behold, a white horse! And its rider had a bow, and a crown was given to him, and he came out conquering, and to conquer
@WilliamRNicholsonLST-1195 Жыл бұрын
Very enjoyable ! Thanks ! Kept me brain active enough that coffee was not needed and any episode that concludes with Star Trek wisdom is something to be savored ! Nick , NavyBlueSmoke , LST-1195 , doppleganger of original TV Star Trek member Jimm Rugg , Creative Artist , Special Effects . Very fortunate to have met Jim , about 2 weeks before his transistion. Nick , NavyBlueSmoke , LST-1195. William Richard James Nicholson , going where no man has gone before .........
@markd.holloman5187Ай бұрын
A very necessary lecture, thank you Yanis for you knowledge; and thank you Shane for your hosting; keep doing what you are doing keeping us informed.
@arslangul6872 Жыл бұрын
My first taste of Greek intellect. Phenomenal speaker.
@rodin-062 жыл бұрын
I've listened to Varoufakis in a number of videos - TY, the 'news', other channels. He's often dealing with complex questions on a complex subject! But i must hand it to you Escaped Sapiens for good questions and managing to hold Varoufakis (who i like very much) to neat compartmented questions. He is someone I would love to meet, but equally I am new to your channel, now a subscriber . As for his ref to Star Trek, wow, i do this all the time in conversations and it is at that moment people are convinced I'm a looney 😄🙈
@EscapedSapiens2 жыл бұрын
Many thanks for your kind comment.
@shubhamchande43604 ай бұрын
This was great conversation really appreciate Yanis Varoufakis and his work. He is adding value to humanity and instilling HOPE.
@WigorDesasterovic Жыл бұрын
Yanis, respect for you and for what you are working on. Our world would be much better if there would be some more men like you.
@zarni000 Жыл бұрын
He was one of the people who brought the crisis onto greece...
@duncansteedman998611 ай бұрын
@@zarni000 Hi. Would you mind telling me more?
@zarni00011 ай бұрын
@@duncansteedman9986 look at his career. He was in government way before the crisis hit and he advocated then exactly the policies that brought about that crisis. He is also married to thr heiress of the richest textile manufacturer in Greece and he talks about capitalism failed. He is just a self promoter and a demagogue
@geniemarie797711 ай бұрын
Greece got duped yannis is a good man
@zarni00011 ай бұрын
@@geniemarie7977 he was part of the government that created the problem. he duped greece :)
@richardlamos1436 Жыл бұрын
Mr Varoufakis you are a well read intelligent man. Thus it is interesting to listen to your arguments
@iandeumayne-jones1557 Жыл бұрын
That was one of the most delightful and interesting hour I have had for a very long time. Thank you Shane and Yanis.
@EscapedSapiens Жыл бұрын
Our pleasure. Welcome to the channel Ian. Glad you enjoyed.
@JohnYoung-m4j Жыл бұрын
What a great man, I could listen to him every day. Thanks for that interview 😊
@RyanGazling2 жыл бұрын
Dude, thank you for this video. Your channel is highly underrated!
@EscapedSapiens2 жыл бұрын
Cheers! I appreciate that.
@La-vc6nt3 ай бұрын
@@EscapedSapiensYour channel will soon explode, great work! 💯👌👍
@xabierfachal53262 жыл бұрын
Love Varoufakis way to explain things and enjoyed this respectful great interview. Thank you, both!
@joshuablanchette8782 жыл бұрын
he is one of the few foreign dignitaries I enjoy listening to.
@marvintalesman6306 Жыл бұрын
52,00-55,20 , He DIDNT SAID A WORD for the 7th and 4th generation bankers, rothchilds, rockfelers, (correspondingly), ... and others, and that reveals him as a stooge of them, that was groomed by them, to replace the current puppets, supposed - leaders of the nations of europe, with the new breed of lapdog like governors......... He just talked about vague financial technical creachers that obliged their owners to work and work and beeing ....unhappy !! That kind of BS he is talked about .......
@slawomirhering3770 Жыл бұрын
Who rule the world Polish men says BIS-IMF-FED triangle currencies monopoly. Their goal is CBDC programable token of nothingness follows by Neurolink microchip brain implant AI humanoid SLAVERY death holocaust. There is nothing in betwen those parasites goal is rule entire world and cut population. So all shit talk about demografii is BS , they sent to Europy usless ,unskillled forced bustards. In Poland we need those go get visa and it is limited not for sale all those corrupted goverment could done so Shortly. So the Global Goverment want distroy our values mix us make us losse identity and give up. They don't care about demografii becasue they kill you all this argument is down invalid crap.
@sereanaduwai8313 Жыл бұрын
All class no bull crap that’s Yanis. Love his responses when getting interviewed by smart aleck journalists with their own agendas.
@trnkodlak282 жыл бұрын
Thank you for this really awesome interview. He combines ideals with pragmatism and open minded look at the world at the level of perfection beyond ideology. Even thou it leaves me a bit depressed especially as the Eu citizen, it also leaves some hope that ppl like him are still here and may get to power at some point. Thank you once again, very nice talk.
@jacktrotter-vm3nj Жыл бұрын
Thousands stolen I've had thousands of dollars stolen from my bank account, direct deposits made by the i.r.s. I did my homework and had a zoom meeting with an agent. After this meeting concluded he said, "this (tracer) could take at least 120 day's. Please examine the (roman fasces) on USA Senate walls. Then please read Daniel chp 2-9? We were decived by our government to inflict mass casualties upon a already very oppressed people's who did nothing to U.S. Please read (Twin Towers NYC was a mossad operation) What happen nexted, Afghanistan, numerous overthrow of various Middle Eastern States. Why, under pretense to destroy an enemy created by USA intelligence community for invasion, where we left billion's in military hardware too the very people we were hunting. Bagram airbase is now a chinese military advanced airbase. george w. bush jr. buy's 300k hectares in (Paraguay) centered on the world's quite probable last and largest (aquifer) covering at least three S.American countries. Who was in charge of the Twin Towers security, (MARVIN BUSH), the the president's brother, oh yeah! The USA has been positioned by a (beast system) for exploitation to manuver nation's into a ten-toe global economic union prison camps? What's coming, a strong delusion that people will embrace. Revelation 6:2 And I looked, and behold, a white horse! And its rider had a bow, and a crown was given to him, and he came out conquering, and to conquer
@marvintalesman6306 Жыл бұрын
52,00-55,20 , He DIDNT SAID A WORD for the 7th and 4th generation bankers, rothchilds, rockfelers, (correspondingly), ... and others, and that reveals him as a stooge of them, that was groomed by them, to replace the current puppets, supposed - leaders of the nations of europe, with the new breed of lapdog like governors......... He just talked about vague financial technical creachers that obliged their owners to work and work and beeing ....unhappy !! That kind of BS he is talked about .......
@McD-j5r Жыл бұрын
Yanis, I got so happy to know that you live with such quality! Blessings.
@tumerg2 жыл бұрын
Great interview, thanks for that. A great man, Yanis. Despite the great "lecture" as a whole, for me the most important message was the last, I agree with him 110%..
@pla-pixelsliteraturaearte38602 жыл бұрын
THANKS for the great interview, you are a good interviewer, one that asks the good question and let the the person speaks. The person doing the segment just poses a question and lets Varoufakis respond. A refreshing change from the usual interview where the person tries to focus the interview to himself and NOT the person you WANT to listen to this great lecturer, great.
@EscapedSapiens Жыл бұрын
My pleasure - thanks for the kind words.
@La-vc6nt3 ай бұрын
@@EscapedSapiensGreat job, perfect questions, then listen. Great work, SUBSCRIBED!
@iandeumayne-jones1557 Жыл бұрын
Oh how we would all benefit from having this wonderful guy and his like in charge of our governments and institutions.
@Lordlindef Жыл бұрын
Had bean something else yes agreement here 😉
@kokolanza75432 жыл бұрын
What a brilliant teacher Yanis V is. The idea of the production-distribution-financialisation process being overturned with the end of feudalism in the 18th c so that it became financialisation-distribution-production. I've seen a couple dozen of his talks, and he is always enthused about describing economical processes in a way that we students can grasp. A paradigmatic, generous imparter of that knowledge and understanding which is vital to a dignified, worthwhile life. One of my favorite humans. Many thanks.
@TheBlueskyson Жыл бұрын
Koko, imma new to Mr Yani, but big fan now. ty
@kokolanza7543 Жыл бұрын
Hi @@TheBlueskyson Certainly an insightful and knowledgable perspective on capitalism at this time. And now concerns about a return of Trump. Best regards.
@TheBlueskyson Жыл бұрын
@@kokolanza7543thanks friend. Go well out there bro
@scottjones-singersongwrite61932 жыл бұрын
Great talk - and some great questions too. Yanis - thanks for all you do!
@ferriswill4929Ай бұрын
Thank you for taking swings and being willing to miss by a little. I think this really slowed Varoufakis down and forced him to explain his interpretation of political economics more clearly than I’ve ever seen him do. Great interview!
@EscapedSapiensАй бұрын
Thanks! And thanks for listening.
@jasonweaver36292 жыл бұрын
Great chat, thank you, Yanis is a treasure.
@FreeMind... Жыл бұрын
He is the worst Finance Minister in Greece's history. You don't live in Greece and obviously you don't know the results of the implementation of his economic policy in 2015. Six months were enough to prove how incompetent the man is. He is good for writing books and for interviews. That's all 👎
@nickhbt Жыл бұрын
Coherent and Genuine analysis of the structural trap of this modern economic dystopia.
@karlkrone635 Жыл бұрын
Great truth Yanis speaks out about Europe. It´s fascinating how clearly he presents the situation Europe is in. Thanks for this informative conversation.
@globalsolidarity55 Жыл бұрын
"Promises have been made that can't be kept" Poignant.
@peternyc2 жыл бұрын
This video captures Yanis at his best. Thank you!
@hans-joachimbierwirth4727 Жыл бұрын
It's a nice introduction to his extreme incompetence.
@nursevrmakdemirbas5102 Жыл бұрын
Great fundamental questios. thank you ❤
@JosephGrasby2 жыл бұрын
Excellent video! Such an in-depth discussion about a serious topic. Thank you!
@mattanderson6672 Жыл бұрын
Brilliant interview!! Thank you for having Yanis on!!
@aaronski02 Жыл бұрын
Excellent Yanis. Tells it straight.
@SusanHaymour Жыл бұрын
Excellent so forth right so honest so much integrity this world need more men like him he has my respect
@I999-g2s2 жыл бұрын
YV is great - what he didn’t explain was how “money printing” by definition devalues a currency and creates inflation. Conservatives emphasize that government handouts create inflation (furlough in the UK and Trump’s cheques), it does, but the money printing for the banks far exceeds any such handouts and is the key driver of inflation of assets.
@musashidanmcgrath2 жыл бұрын
That's exactly how the scam FIAT fractional reserve banking system was designed, as the world's largest ponzi pyramid.
@filmjazz Жыл бұрын
The last step in the lifecycle of money is taxation. Money printing must be offset by "burning" the money at the end of its journey from the Fed, the central banks, commercial banks, smaller banks, employer, wage earners, consumer goods producers, service providers, etc. If the money is not intelligently taxed back out of the system you will see inflation everywhere there is "too much money chasing too few goods." New housing and rent prices are high because hedge funds and wealthy individuals literally have too much money to spend on cash purchases, and workers are left with record debt, 30 year high interest rates, and historically depressed wages. Fiat currency has led to massive corruption where, as you said, the gains are privatized, the losses are socialized, and the tax system is rigged against the majority for the benefit of the few. It's unsustainable.
@josiasnkwana9282 Жыл бұрын
More fiat currency more promises(IOUs) until promises can't be fulfilled.
@La-vc6nt3 ай бұрын
@1999g...... 💯💯👌👍 You Totally NAILED it. Money creation of FIAT currencies creates Inflation. More currency chasing basically same amount goods - INFLATION. Not all the economic babble/bullshit, they try to blind us with 💯
@evelynramos445 Жыл бұрын
Academia turned analysts! A view from a different perspective.
@KitPeters001 Жыл бұрын
Enlightening .... worth every minute of an older person's valuable time....
@rolandsj8880 Жыл бұрын
Absolutely enjoyed and soaked up as much as I could.
@stevenagy882 жыл бұрын
This is wonderful. Thank you for posting this.
@EscapedSapiens2 жыл бұрын
You are very welcome :)
@kellyray6683 Жыл бұрын
Beautifully said at the end there. Couldn't even imagine a world where people lived side by side with no money ruling any of them, just the betterment of the them and the other. Hope is good.
@EmilioIacobelli2 жыл бұрын
Wow, what an interesting talk from start to end. Mr Varoufakis you are one of my favourite thinkers. Good health and safe travels to you sir. And thank you for resonating with me on Star Trek; I recall that episode well. Gene Roddenberry had a vision of a world that was more just. Maybe idealistic to border on utopianism, but the stories were not about the future in outer space; they were about the present, us, and the state we find ourselves now. Thank you again.
@ZeeHojat Жыл бұрын
Thanks for the enlightenment 🙏
@hansgerber42782 жыл бұрын
Simple , basic and straight to the points interview !! Great work both of you ! Thank you !
@hans-joachimbierwirth4727 Жыл бұрын
Making others waste their time on that idiot by letting him ramble on without ever questioning his bullshit is a shame.
@evabalko7885 Жыл бұрын
Best place to swim...? Really? Stupid questions and look at Shane's face. He is totally lost. Shane is a fool.
@dbc7772011 Жыл бұрын
So clear and concise. Bail out the banks, not the bankers, shareholders, BOD’s! Thank you!
@marvintalesman6306 Жыл бұрын
52,00-55,20 , He DIDNT SAID A WORD for the 7th and 4th generation bankers, rothchilds, rockfelers, (correspondingly), ... and others, and that reveals him as a stooge of them, that was groomed by them, to replace the current puppets, supposed - leaders of the nations of europe, with the new breed of lapdog like governors......... He just talked about vague financial technical creachers that obliged their owners to work and work and beeing ....unhappy !! That kind of BS he is talked about .......
@abwicklung9242 жыл бұрын
Hello Shane, Hello Yanis, thank you for this impressive lecture. That was a model for an interview, that would really deliver deep insight and a lot of things to chew on for quite a time! Greetings from a German, living in France and missing such kind of interviews on french and german "supreme" channels.
@EscapedSapiens Жыл бұрын
Many thanks for your kind words. If there is anyone else you would love to hear from, please feel free to let me know here, by email, or here: docs.google.com/forms/d/e/1FAIpQLSdMjEDRe5qck8BluVfFUS05iCMeAeG1F6Htng31a9qPD8w8nw/viewform
@jacktrotter-vm3nj Жыл бұрын
Thousands stolen I've had thousands of dollars stolen from my bank account, direct deposits made by the i.r.s. I did my homework and had a zoom meeting with an agent. After this meeting concluded he said, "this (tracer) could take at least 120 day's. Please examine the (roman fasces) on USA Senate walls. Then please read Daniel chp 2-9? We were decived by our government to inflict mass casualties upon a already very oppressed people's who did nothing to U.S. Please read (Twin Towers NYC was a mossad operation) What happen nexted, Afghanistan, numerous overthrow of various Middle Eastern States. Why under pretense to destroy an enemy created by USA intelligence community for invasion, where we left billion's in military hardware too the very people we were hunting. Bagram airbase is now a chinese military advanced airbase. george w. bush jr. buy's 300k hectares in (Paraguay) centered on the world's quite probable last and largest (aquifer) covering at least three S.American countries. Who was in charge of the Twin Towers security, (MARVIN BUSH), the the president's brother, oh yeah! The USA has been positioned by a (beast system) for exploitation to manuver nation's into a ten-toe global economic union prison camps? What's coming, a strong delusion that people will embrace. Revelation 6:2 And I looked, and behold, a white horse! And its rider had a bow, and a crown was given to him, and he came out conquering, and to conquer
@jacktrotter-vm3nj Жыл бұрын
Thousands stolen I've had thousands of dollars stolen from my bank account, direct deposits made by the i.r.s. I did my homework and had a zoom meeting with an agent. After this meeting concluded he said, "this (tracer) could take at least 120 day's. Please examine the (roman fasces) on USA Senate walls. Then please read Daniel chp 2-9? We were decived by our government to inflict mass casualties upon a already very oppressed people's who did nothing to U.S. Please read (Twin Towers NYC was a mossad operation) What happen nexted, Afghanistan, numerous overthrow of various Middle Eastern States. Why, under pretense to destroy an enemy created by USA intelligence community for invasion, where we left billion's in military hardware too the very people we were hunting. Bagram airbase is now a chinese military advanced airbase. george w. bush jr. buy's 300k hectares in (Paraguay) centered on the world's quite probable last and largest (aquifer) covering at least three S.American countries. Who was in charge of the Twin Towers security, (MARVIN BUSH), the the president's brother, oh yeah! The USA has been positioned by a (beast system) for exploitation to manuver nation's into a ten-toe global economic union prison camps? What's coming, a strong delusion that people will embrace. Revelation 6:2 And I looked, and behold, a white horse! And its rider had a bow, and a crown was given to him, and he came out conquering, and to conquer
@challica2 жыл бұрын
True philosopher. Great talk, I am happy for this recommendation.
@EscapedSapiens2 жыл бұрын
Glad you enjoyed it!
@FreeMind... Жыл бұрын
As you wrote it...philosopher. Just theory and nothing more. Totally incompetent. We Greeks, we experienced the implementation of his economic policy in 2015. After six months the banks closed and Greece was one step away from being kicked out from the Eurozone and from the EU. 👎
@zhaw4821 Жыл бұрын
@@FreeMind... It was not varoufakis fault. They wanted him to fail
@FreeMind... Жыл бұрын
@@zhaw4821 Of course it wasn't his fault. In Greece politicians are never responsible and accountable for their actions. 😂 They wanted hin to fail. Who are "they"? The freemasons, the illuminati, George Soros...who? Be specific, don't write in vague manner.
@jota5558111 ай бұрын
@@FreeMind... You blame him for standing up for the víctims i doubt your a banker so id have to Say your just ignorant .
@regalmedia9487 Жыл бұрын
lovely superb interview. i never knew about this channel. but i got hooked on the first interview . very good content sir.
@EscapedSapiens Жыл бұрын
Thanks for the kind words. You are very welcome.
@cavegirl37122 жыл бұрын
That Yanis is smart I sit here struggling to learn and can barely put the pieces together I hang in there and do a lot of rewinding yet I always listen to him when I find him having his chats
@danleuca17802 жыл бұрын
If you are interested in this sort of stuff, we can talk more...
@sichambers90112 жыл бұрын
There's an audio book here on KZbin of the book he wrote on economics "Talking to my daughter about the economy". Really good and simple
@marvintalesman6306 Жыл бұрын
beside beeing smart and deeply analytical, at 52,00-55,20 , He DIDNT SAID A WORD for the 7th and 4th generation bankers, rothchilds, rockfelers, (correspondingly), ... and others, and that reveals him as a stooge of them, that was groomed by them, to replace the current puppets, supposed - leaders of the nations of europe, with the new breed of lapdog like governors......... He just talked about vague financial technical creachers that obliged their owners to work and work and beeing ....unhappy !! That kind of BS he is talked about .......
@brookerobitaille745 Жыл бұрын
One of the best speakers on this topic I have ever ever seen.
@kinggentiaustria53332 жыл бұрын
Poly Ourea,,, Yanis is a clever man!!!!! 🤝🤝👍👍👍
@ruatarengsicolneyrengsi8924 Жыл бұрын
Great conversation. Answered some of the questions I have been asking. This Yanis Varoufakis is astounding. His last statement is in total sync with me. Thankyou for all the effort and for putting it up.
@craigwilson11442 жыл бұрын
Informative discussion. I improved myself watching it.
@johleby8048 Жыл бұрын
Love Sir. Yanis Varoufakis. He captures his listeners and expands their understandings’. 🙏❤️🙏
@TheMrBennito Жыл бұрын
Would be interesting to hear Varoufakis' take on times where money becomes pointless. During the Nazi occupation for instance, when in Holland food was rationed or simply hardly available, people traded in goods for goods: say potatoes or bread for jewelry.
@BestFitSquareChannel Жыл бұрын
to improve oneself… evolve… strive to be better, a better human being. 🤸🏽♂️ ✌🏽
@flyingsnow311 Жыл бұрын
Yanis - keeps the hope alive that not everything is lost. There are still a few humans around.
@FreeMind... Жыл бұрын
Keep the hope alive 😂😂😂 Do you know that Neo-Nazis are on the rise in Greece again? You know why? Thanx to Varoufakis and people like him.
@andrewarfonjones8055 Жыл бұрын
I just love this man’s philosophy and ideas ,his mind sees a bigger picture than mine ..
@markhirstwood4190 Жыл бұрын
Love the first question and answer, wow... I'll have to come back to this and listen to the rest later but for now, that's perfect.
@EscapedSapiens Жыл бұрын
Thanks Mark! Welcome.
@ColinBarrett001 Жыл бұрын
We really need Yanis Varoufakis to lead the EU if not the world! Perfect common sense cutting through all the bankers / right wing BS & lies. What an intellect. What a man!
@robertling9872 Жыл бұрын
Thank you both for sharing this intresting conversation.
@EscapedSapiens Жыл бұрын
Our pleasure Robert.
@maiterodriguez3564 Жыл бұрын
Thanks, Yanis, for being as you are 😊
@sebastianmichaelrogel64042 жыл бұрын
Wonderful interview. I love varoufakis' way of using comparisons and metaphors. Some of the facts weren't 100 percent correct, but good enough for "everyone gets it" and probably only pedantic People like me notice in the first place. Anyway, i love it! :)
@fcblaugrana02 жыл бұрын
If you are going to make pedantic comments, atleast provide some minimal elaboration.
@kirilmazurek2843 Жыл бұрын
Yanis Varoufakis, I admire you and your insight. Bless you and thank you.
@gypsycruiser Жыл бұрын
Great interview! As we make money a more sophisticated instrument the more complex problems it creates… thank you.
@cheri238 Жыл бұрын
Thank you, Yanis Varoufakis . I always enjoy those who have dialogs with you. Yes, when the banks fell in 2008, that was socialism for the elites(bankers) and capitalism for the poor. How about that pen, Adam Smith, was writing about and how it was made? How many people can buy a Cartier pen today? Why does Tawain have the best tech with TSMG, lithium batteries. Why is there such a problem? The Taiwanese are really intelligent tech people! Your experience, knowledge, and expertise I appreciate. What an extraordinary mind you have, and I thank you for your part of waking our world up. Greed is the power. Greece and Puerto Rico are correct. Karl Marx, books 1,2,3. It is not taught in most universities, at least not in America. "A general definition of civilization: a civilized society exhibiting the fine qualities of truth, beauty, adventure, art, peace." Alfred North Whitehead
@wilfredv1930 Жыл бұрын
Great interview, Yanis is a really nice guy!
@Rainstorm121 Жыл бұрын
I wish this man is the prime minister of my country. He should able to handle these big powers as they are playing their geopolitical games.
@martinlawrence84272 жыл бұрын
Yanis is a great communicator and educator!
@keelfly2 жыл бұрын
He is a fake POS.
@Lordlindef Жыл бұрын
Agree
@pantelis-music2 жыл бұрын
Thank you, Giani!!
@sac8562 жыл бұрын
Splendid selection for a guest. One may not entirely agree with Mr. Varoufakis. He is however undoubtedly interesting and well versed in economics.👍
@monkeyrater Жыл бұрын
Really the question that NEEDS to be asked at this point in history: "what is money?". I dont think there is anyone alive that can answer that better than Yanis. All the other big name economists love to talk in circles and never come to a point about anything.
@nxtrco Жыл бұрын
it is highly revitalizing and hopeful to find out that there are still intelligent people around, acknowledging the call and working in favor of the people great interview
@twhite830811 ай бұрын
Thumbs for the algorithm. A complex topic
@dieselphiend2 жыл бұрын
If you read the fine print of The Forbes 'Richest' list, it says right in the fine print they don't count bankers or royalty.
@Lordlindef Жыл бұрын
Great video all way North from norway. Keep on and lets hope more People do wake up
@ColeCoug2 жыл бұрын
This was a great conversation, thanks for this.
@PedroHipolito2 жыл бұрын
Great interview. Politically I’m right wing but always appreciated Varoufakis - he’s an intelligent man with fair perspectives and clear communication. Very good!
@mdaniels6311 Жыл бұрын
It's not too late to come over to the light side. Right wing economics has simply been a failure for the US and UK, where you have the most right wing economics. Social democracies of Northern and western Europe are simply superior societies based on nearly all obvectivr measures like life expectancy, violence, etc.