Why Gold and the Dollar Are Set to Dominate!

[@JesusLeee-i9r]

Gold looks like it's going big this year. I really want to profit from it this year. I have about $40k I want to invest. My brain doesn't do very well in understanding these things. How do I go about it?

[@LUCIASMITH-d1z]

Don't act on every forecast. It is best you speak with a market expert before making any investment decisions. My two cents.

[@richardhudson1243]

A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure.

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As a learner or a beginner in this, it’s essential for you to have a mentor to keep you accountable. Mr Jihan Wu is also my invest analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my investment decisions align with market dynamics for optimal returns.

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[@austinbar266]

The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?

[@rogerwheelers4322]

Gold and Silver are often seen as a safe-haven asset that can protect against inflation and economic uncertainty. But like any investment, it carries risks. To determine if gold is the right investment option for you, an investment advisor can help you weigh the potential benefits and risks of investing in gold. They can also help you create a well-diversified portfolio that includes gold as part of a broader investment strategy. An investment advisor can help you decide how much of your portfolio should be allocated to gold and select other investments that can complement your gold holdings.

[@joshbarney114]

Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.

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I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky” for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

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[@michaelwiebeck3]

Gold is often hailed as a hedge against inflation-increasing in value as the purchasing power of the dollar declines. Gold looks like it's going big next year. I really want to profit from it this year. I have about $240k I want to invest. My brain doesn't do very well in understanding these things. How do I go about it?

[@Pconradsmith]

Don't act on every forecast. It is best you speak with a market expert before making any investment decisions. My two cents.

[@Aarrenrhonda3]

A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure.

[@CindyValenti]

@@Aarrenrhonda3 Glad to stumble on this commentary, I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?

[@Aarrenrhonda3]

Annette Christine Conte is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@CindyValenti]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@tonysilke]

People choose to buy gold for various reasons, such as it’s historical role as a store of value and medium of exchange, it’s potential as a hedge against inflation or currency devaluation, and it’s relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolio due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance and financial situation before deciding.

[@Nernst96]

Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver, stocks and digital currencies are also good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you..

[@PatrickLloyd-]

Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.

[@JefferyDuns]

@@PatrickLloyd- Who is this person guiding you and how can i reach he/she?

[@PatrickLloyd-]

Finding financial advisors like Sophie Lynn Carrabus who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

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Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@BillyBobThorton-z9d]

Thanks! Your video calms me down everyday, Gold has long been hailed as a store of value and a hedge against economic uncertainty, cryptocurrencies offer a new paradigm of digital scarcity, decentralization, and disruptive potential. From Bitcoin to Ethereum and beyond, these digital assets are rewriting the rules of finance, captivating investors with their unprecedented growth and innovation..managed to grow a nest egg of around 7.2Biitcoin to a decent 26.4Biitcoin. At the heart of this evolution is Alison Bruce, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment....

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

[@Adnancorner-p1h]

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

[@BridgetteEstevane]

Everyone needs more than a Basic Income to be Financially Secured in this present time that there's an Economic Decline.

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

[@OrestesFullmer]

Spot-on, I would always rate her signals as one of the best ever used 100% accurate.

[@99Michaeldargan]

Thanks to You Mate, I have realistic expectations for this bullrun. Got into crypto early this year and I have truly learned a lot from you about cycles, crypto and markets as a whole. Now I know that all assets/markets are heavily tied to eachother and global economy has very high impact on Crypto. Thats why I am very cautious about when traditional markets top and how this affects Bitcoin and altcoins. If i havent discovered your channel I would have blindly holding instead of engaging the market........ I have managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin. in the space of a few months... I'm especially grateful to Laura Brockman’s, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@99Michaeldargan]

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

[@99Michaeldargan]

@LauraBrockman

[@Garywold86]

Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.

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The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways.

[@09JulieMann]

Everyone needs more than a Basic Income to be Financially Secured in this present time that there's an Economic Decline.

[@anefriend]

The professor is great company and he explains things very well. Greatly appreciate your bringing him on the show!

[@GirlKongming]

I am European. Following what’s going on in America because of the economy. Your analysis is spot on. However, I just can’t wrap my mind around one thing: what’s on earth makes you think that Trump and a totally incompetent US government will help “little guy”? US Gini coefficient will just accelerate in wrong direction.

[@tobias9859]

Because last time Trump was in office, the little guys real income adjusted for inflation increased.

[@ernestmac13]

​@@tobias9859the economy began to decline under Trump; before COVID, and if Trump gets his tariffs, tax breaks for the wealthy, etc, passed, our economy will collapse.

[@EfficientEnergyTransformations]

Prof Hanke is spot on the "waiting" function ( so to speak ). The only point is that is not "waiting" that is important but "depriving from current money" which incentivizes the players in the economy (who are competing to receive the money) to provide something of a better value as to incentivize the spenders to spend more as they start to perceive higher current value. Deprivations always improve any system as it incentivizes that system to optimize its resources and to achieve higher value with the same restrictions.

[@UCSF2023]

I listen when Professor Hanke speaks! Thank you Jay

[@davecalico3273]

Professor Hanke is always SpoT On ~ and one of the best speakers

[@marcduchamp5512]

Any media that doesn’t allow comment section is not trust worthy

[@tommclaren812]

COUGH* CBC! COUGH* BBC!

[@waynefaulkner2180]

The US hasn't raised the minimum wage since 2009, currently at $7.25 US per hour. The minimum wage in Nova Scotia, Canada is is $12.85 US.

[@enzoh7763]

That is below a single young adult survival amount , The Cost of Living to Work another day is higher than that .

[@bellavistadanes3881]

Professor is such a great guest!

[@Michael-qy1jz]

The Endless Bull Market> No Recessions, Mass money printing and mass wealth transfers to the top !

[@Juandeer-z3o]

Bah! I knew Trump was going to win the Presidency the minute he started doging bullets. 😂

[@screugneugneu1]

people didn’t vote for Trump & Elon (both billionaire) because of wealth inequality concern, but because they are falling behind and see the gov. spending money on everything but on them.

[@TreeofLife-r3d]

The Bible says the rich rule over the poor. Looks like 👍 it's true

[@enzoh7763]

​@@TreeofLife-r3d ,, The Bible said that ? Help me , where could i find that .

[@TreeofLife-r3d]

@enzoh7763 Bible Proverbs 22:7

[@mlangbert]

"Wealth inequality" is the way that smarter people talk about the average worker's falling behind.

[@TreeofLife-r3d]

@mlangbert a polite underhanded way to screw the low skilled workers

[@UkpeneEmma]

Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️

[@KhiidZerri]

I'm 37 and have been looking for ways to be successful, please how??

[@UkpeneEmma]

Sure, the investment-advisor that guides me is..

[@UkpeneEmma]

Elizabeth stark

[@nancyflores1787]

Same, I met Elizabeth stark last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Elizabeth stark

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Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!

[@salvadorgutierrez7947]

24 hours to shut down a war ! Amazing !

[@selma5885]

Stocks, real estate, gold, bitcoin, cash bonds, treasuries -all assets went up. How could rich not get richer? They own the assets!

[@OhAwe]

Based on what? Increased demand? Higher ability for consumers to pay higher prices? Most of the recent "growth" is just the US dollar devaluing after the monetary supply was massively increased.

[@waynefaulkner2180]

The US government could do what Nova Scotia did, a 10% wage cut across the board for government employees.

[@TreeofLife-r3d]

We have done this before!

[@AngelEyes-xm7el]

Predicting is like going to a casino, you got it or you don't, crap shooting. Light up the dice

[@whiterabbit3439]

Wonderful post election analysis! Great respect for the tireless Dr. Hankee. Re. Buffett, not a criticism of Jay here, but I noticed in this interview and others people refer to Bufffett as the soul decision maker for Berkshire, e.g., " at his age, maybe he thinks....". I recall in a CNBC interview with Becky Quick several years ago where Buffett made a great effort to support the notion that two of his directors were actively managing some Berkshire portfolios. It seems to be a critical distinction to be aware of for those with an interest in Berkshire. Any insights/thoughts appreciated.

[@mrchad97z49]

7:30 how did they get richer? REAL ESTATE. Many people are Doubling their money OR More! And they lived in it too for basically free, for years. Meanwhile renters pay every month to live in their homes and we have nothing to sell and double our money.. And Increasing money supply is Not Only the FED, but when people take out HUGE LOANS on real estate and they give it to someone else...Easy credit create monnneyy in the market economy

[@ss-yq6ix]

It's correct that in trade both sides should benefit, HOWEVER that doesn't work when good paying jobs are traded for profits that go to the handful of wealthy who don't feel the impact of the trade deficit at all. The middle class ends up eating that deficit as per usual and they don't see any benefit from it other than more cheap junk at Walmart. Add to that the theft of intellectual property and the dumping of products to kill what's left of our industries. We need a levelling of the playing field or we are just going to see the gap widen between rich and poor. The vast majority of people don't think Trump's ideas are stupid as the professor suggests. Quite the contrary.

[@phil488pista9]

Almost 40% of the gdp is government and they want to cut spending, so how's that going to work?

[@cacaoperesoso732]

Place the date of your webcast

[@dilatedtime]

I don’t think I’ve ever seen an interview of Steve Hanky Panky, where he doesn’t refer to himself in the third person with his “rules”. The narcissism emanating from this guy is off the charts. Egomaniac!

[@superstar5123]

great knowledge from professor

[@tracywatt9069]

Hanke has one message, 'inflation is always and everywhere a monetary phenomenom', which was originally coined by Milton Friedman.

[@TreeofLife-r3d]

😂 No one can afford McDonald's anymore because of inflation! Rename it the UN happy meal.

[@guloguloguy]

IMHO: I'D LIKE TO SEE A LAW THAT LIMITS THE "MAXIMUM" AMOUNT OF "ACCUMULATED WEALTH" THAT ANY "INDIVIDUAL" PERSON, CAN "PASS ON TO EACH OF THEIR "INDIVIDUAL HEIRS".... [WITH SOME EXCEPTIONS FOR FARMERS, SMALL BUSINESSES....] .... PERHAPS SET A "MAXIMUM" AT ~$5,000.000 PER HEIR/BENEFICIARY...(?)... HOPEFULLY THIS WOULD HELP REDUCE THE "RUNAWAY WEALTHY CLASS (DuPONTS, KENNEDYS, ROCKEFELLERS, ETC., ETC....) ALSO, ALL "PROPERTY TAX" ON ONE'S "PRIMARY RESIDENCE" SHOULD BE TOTALLY ELIMINATED... (UP TO THE SAME ~$5,000,000 "MAXIMUM"... AND, ABOLISH ALL "INCOME TAXES"... UP TO THAT SAME ~$5,000,000 "MAXIMUM"!!!!

[@ptupy]

The average lifespan of reserve currencies over the last 500 years has been around 100 years. Hanke’s math is as good as his wrong predictions.

[@desertrose9708]

For example, if the amount of money in an economy doubles, QTM predicts that price levels will also double. The theory was originally formulated by Renaissance mathematician Nicolaus Copernicus in 1517, and was influentially restated by philosophers John Locke, David Hume, Jean Bodin. The theory experienced a large surge in popularity with economists Anna Schwartz and Milton Friedman's book A Monetary History of the United States,

[@Jon-pl3hr]

Stock market prices are objective, insofar as possible, under the circumstances, Those include that the reporting on which many judge their next move is manipulated, and that Wall St. insiders have such large stakes, and market behavior is so primal, that sharks can skew prices up or down, and the rest react to that, which is not objective.

[@briankoontz9711]

Jay, I was watching the Polymarket, as well.

[@MrMikeAA]

A fuller understanding comes from Michael Every. Germany practiced mercantilism to the detriment of their trade partners. China is the classic mercantilist economy. This is the point of conflict. China can crater every economy hence possibility of war

[@bellakrinkle9381]

Yes, in time. But the US is the only one concerned. Thus the sanctions and tariffs

[@OhAwe]

Hence possibility of war? China is doing better than the US and the US hasn't the capacity to compete. That will be the cause of war.

[@fredking5448]

So Russia needs North Korean soldiers because it already won ..hahahah

[@tobias9859]

The DoD just came out yesterday and said they couldn’t confirm there are any North Korean soldiers in Russia, let alone fighting in Kursk region. It was all narrative and you fell for it and have egg all over your face.

[@grizzlymartin1]

Btw, I always listen to henke. Learn tons.

[@rof8200]

Trump's cabinet is the most free from lobbyists for several decades. The potential for change has never been better.

[@spiralizing]

X doesn't exist anymore... How is that successful? Every account is a bot now. How does that translate to government?

[@armandoreyes2750]

I leave only the bare minimum in my bank account. I will never own Bitcoin nor do I want anything to do with it. The Stock Market doesn't interest me in the slightest. We see what happened right before the Great Depression in 2000 and 2008. I just want my gold and silver and cash on hand.

[@ArtemisiaFlenaugh]

Great analysis, thank you! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?

[@PonziZombieKiller]

He sold MSTR and then bought real gold on the dip. Nice play ▶️

[@redbrick9634]

"When he was 93 he met the Grim Reaper."

[@richardlamos1436]

For a future debate, a question for Prof Hanke: why not aim for zero % inflation in an economy

[@scottmccutcheon9828]

Hear! Hear! And where did he get the idea "inflation is already under control, it's coming down?" Inflation's rate of increase may be slowing, but, coming down? Henke sounds like an advocate for the continuity of the fiat paper currency regime. That, or he's not very good at his choice of words?

[@kalobrogers235]

The real question is, how long can the US keep selling its debt from the lofty position of being the reserve currency. How long until the US can't find a buyer for its debt because the trust in the dollar is diminished. Currently the dollar is very strong with buyers everywhere, but how long until that's not the case?

[@danmunch1267]

wonder if the good professor knows what a Sharpe ratio is

[@SilverMonsterCoind]

That orange banner is hard on the eyes.

[@grizzlymartin1]

@25:52 there’s a very simple reason: hammers do NOT make good incentives. Do you want a real change (and they don’t)? What they want, is guarantees that their lifestyles and power brokering, will not suffer. But back to if you want real change. It’s simple: empower the people…and empower them to make those changes themselves. And that, by its very nature, demands that you disempower yourself as the “leaders.” (and they won’t). The greatest force in the universe is not gravity, or the strong force or the week force, or electromagnetism. The greatest force in the universe…is self-worth.

[@grizzlymartin1]

Told you about half a dozen nurses that now drive Evie‘s. And a surgeon friend of mine who has solar the roof and a battery in a garage and a charger in the garage and now receives a check from the utility company every month for the power, she sells them.GMAFB henke!

[@grizzlymartin1]

Not to mention how their families are safer because they don’t have to go to gas stations and risk robbery, etc. As the economy worsens having a charger in your garage and an EV is the responsible thing to do for your families. Again henke, grow up.

[@Chuck68ify]

​@@grizzlymartin1Yeah, right, cuz they would never shut your power off...or your EV! 😅

[@grizzlymartin1]

@@Chuck68ify dumb fuck. I make my own fucking energy. Call decentralization. Fucking childass moron.

[@annaweiers2947]

@@Chuck68ifyexactly

[@bellakrinkle9381]

Biden has approval of the House and Senate, mostly. Oh my! How wonderful.

[@marcduchamp5512]

Because he is just a prop

[@srg6532]

Another academic blowing about free trade and no to tariffs. The China strategy is to basically subsidize (equilivent to a tariff on our goods) anything they want to dominate and then literally flood that market, to cripple ALL competition. Automobiles, farm equipment and heavy construction equipment are the markets they are hitting hard now. Then they get it till there's a war later on and no mining, manufacturing, or materials to literally make anything for war, we end up with a country full of useless academics saying "we have to surrender"! I don't believe tariffs are the complete answer but, we got along fine without China, before Nixon, and we can get along fine again without China. Everyone has it in their heads that we HAVE to have China.

[@donniemoder1466]

This prediction of a gold boom has been made year after year after year for over a decade and it has been wrong time and time and time again.

[@ILLUMINATOR49]

Stop complaining about hard working people who SAVED FOR THEIR FUTURE. Become a responsible adult and stop complaining about others successes

[@tobias9859]

Saved how? If they saved in dollars in the bank they lost a lot of money. If they saved in financial assets they won a lot of money.

[@darnold1984]

Hankerchief absolutely SEETHING over bitcoin eclipsing 100k.

[@lokeshsag]

It’s encouraging, but it’s not very certain. Things can go north or south. Financial education is important now, diversifying ( real estate , gold, silver, cash, ETF ( domestic and international), Index, some crypto). Read read read. Don’t fall online advisors. All channels have their own beliefs.

[@brainwashington1332]

This video will not age well

[@jackiekunovska8405]

Not in the pockets of a few politicians

[@jackiekunovska8405]

Time to regulate

[@stuartmckenzie8095]

A strong dollar doesn’t necessarily mean that it’s a good thing.

[@mountainmanprojects]

Holy crap talk about click bait. Not until 40 minutes in do they get to the point.

[@radicalveg00]

During his bitcoin comments, Dr. Hanke should have mentioned the genius of bitcoin is that the large holders of it managed to significantly reduce the risk of a major decline by essentially bribing Trump into supporting bitcoin and even getting his promise to have the Federal government buy bitcoin using taxpayer money. Bitcoiners are a crafty bunch.

[@selma5885]

March 2020 was a low for stock market so he is analysis took the lowpoint.

[@LQVendorFP]

i heard nothing about gold from the hankster. i only heard ride the duration appreciation wave in the 10yr while clipping the coupon. you chapterize with "gold" in the title. No mention.

[@annaweiers2947]

Hanke is dead on , has empathy for the lower class. Smart guy!

[@briannewman-b8j]

Trump wouldn’t do another debate unless he could control fact checking . Double standard . Checking out of this podcast .

[@tobias9859]

“Fact checking” Trump and not Harris isn’t being fair and balanced, also they had a deal that they wouldn’t do any “fact checking”. Yet they did to Trump.

[@briannewman-b8j]

@@tobias9859 interesting I didn’t need to call people names

[@tobias9859]

@@briannewman-b8j I removed the name calling. Sorry.

[@TarlanT]

Masterful manipulation. Markets totally tanked in March 2020, due to Covid, and they were at all time highs in Sep 2024. Rich hold assets. That’s it.

[@Miata99]

Isnt Trump putting in his administration the elitist? How is that getting rid of them? How is that keeping them from taking liberties to help them and other elitist? Explain that please.

[@tobias9859]

Being in the elite and being elitist isn’t the same thing. Trump is in the elite but almost the entire elite hate him and he doesn’t do things for the elite class. Trump comes dressed as a garbage man driving a garbage truck. You think Joe Biden or Kamala Harris would do that? Do you think Anthony Blinken would do that? The garbage man, to them, is garbage. To Trump they are the salt of the earth. That’s the difference in outlook.

[@jackiekunovska8405]

This money going in bribes should instead be going into productive gov programmes

[@Bballing23]

Santa Rally begins tomorrow. It is a bear trap. Nvdia going to run into earnings folks.

[@richardlamos1436]

Wrt Bitcoin wait for a correction to about 52000 , then consider it to ride the next fools wave up, then sell, repeat

[@salqubeq5203]

VVIP guest. Good talk. Thanks

[@5thLegion]

😂 BTC!

[@selma5885]

I he thinks rates are going down, why does he think gold is going up?

[@richwilliams7098]

Trump is the biggest swamp master ever

[@caugas]

I thought hanke was calling for a depression

[@fruitloops3718]

I'm guessing Steve never met a chinese woman before. Their propensity to spend is much greater than even the American woman. 😅

[@AaronJCourtney]

Inflation is re accelerating

[@byronfuentes1281]

Spoiler alert minute 36 benni will run circles around donny

[@livinthedream7714]

14 currencies in 2000 years is 300 years. Huh?

[@dialecticalmonist3405]

Yeah, it's 143 years.

[@gregorygreene1940]

I thought that was odd as well. My guess is he was probably trying to include the overlap between them coming and going. Refreshing to here him talk about the dollar though as most of the idiotic doom and gloomers just repeat the same mantra that never comes true.

[@livinthedream7714]

@gregorygreene1940 true

[@morisless3532]

Hemke missed it - the draining of the swamp is about getting rid of people who do not align with your views. Look for them to get rid of climate change believers first. As well, it is so simplistic and crowd pleasing to talk about getting rid of red tape, without talking about how some red tape is vital to prevent social/environmental issues. Jay, you have to take the conversation to another level on this - unless you are catering to a specific economic-centric audience.

[@dialecticalmonist3405]

"Climate change" fiction is the reason they have destroyed energy, and likewise the reason for higher costs across the board. This is IN ADDITION to monetary inflation. Biden was the worst of both worlds.

[@dilatedtime]

2000 divided by 14 is 140 not 300 years. Lol.

[@jisskk28]

Big money won👹😂

[@simonbarrett9568]

Why he say thing that are not true about Chinese they get pensions in China and all people get a pension most women used to retire at 50 now they are 60 but Chinese all way save money it there custom

[@Jsmith1515]

Just FYI betting market aren’t necessarily any better at predicting than anything else. They’re also very prone to manipulation as a means to sway public enthusiasm and opinion. They’re also oftentimes not even measuring the opinions of Americans. Yes they predicted Trump, but I also bet that they attract the type of person who is more likely to want Trump to win, in which case they’re prone to a type of confirmation bias because many people placing bets on Trump *wanted* him to win. Anyways, just a thought - I’d take them with a grain of salt.

[@IndyTennisPro]

Professor hanky really need to work on your math a little bit and be like 142

[@jasona5806]

He’s been crying deflation so lets see what he says here

[@johnschnee3934]

FREE GIFT OF GOD We are Saved by Grace Through FAITH NOT WORKS. Salvation is a free gift from GOD given to those all who will believe LORD JESUS CHRIST DIED AS A SALVATION LAMB for our sins by the BLOOD OF LORD JESUS CHRIST HIS BLOOD CLEANSES Our Sins (WHEN YOU BELIEVE IT) shed HIS BLOOD on the cross for us gift of GOD not by works, so that no one can boast. Read chapter's. Corins 1-2 V all & JOHN: 3-16 (WHEN IN TROUBLE SAY HELP ME LORD JESUS 1corin's 15:1-4

[@AtisJ]

The mortgage interest rates in Russia are 28%, they are crumbling and need peavce talks.

[@annaweiers2947]

😂

[@jcic1808]

disable comments on your platform. Too many scams.

[@alisra007]

👍

[@TreeofLife-r3d]

Proverbs 22:7 The rich rules over the poor

[@richwilliams7098]

It would be great if you got off your political horse and talk gold and silver

[@sedonatvcom]

good

[@joeboudre1667]

What a bunch of BS!

[@jay_financial]

I don’t think that high savings is the driver of trade surplus. It may be a factor, but it’s not axiomatic. China exports because it has low labour costs and regulation, saving is incidental; a cultural factor. It would equally import more if that money was redirected to consumption, but from where? China, because the US makes nothing anymore, having outsourced this and lost the capacity in that era of globalisation.

[@selma5885]

This was just a Republican rant.

[@christatt6379]

Also I wouldnt rely on the betting markets either lol. They got it totally wrong in 2016 and again in 2020… Just because the have their money in it doesnt mean shit. Most likely the big money already knew Trump would win this year so it was easy money.

[@grizzlymartin1]

Hilarious how he says that with trade there’s winning on both sides. But he can’t have that same logic and understanding with certain forms of incentive such as for Evies, etc. Just exposes his ridiculous, myopic biases. But he’s not alone, of course.

[@dialecticalmonist3405]

Subsidies can work, if they are made for productive industry, like computer chips. EV's are non-productive. They are built for social narrative/welfare. Not only were EV charging stations heavily subsidised by Biden, but they actually built almost NO CHARGING stations.

[@jacehardy6581]

No, Hanke is correct. His view on trade is very basic and generally agreed with among economists across the spectrum. Goods using gov subsidies result in net economic loss. Trade deficit is largely due to our federal budget deficit. Foreigners prefer buying our debt instead of our goods. Not necessarily a bad thing.