Inflation exist to maintain modern slavery. All and more about the truth of the system in book "𝐏𝐞𝐨𝐩𝐥𝐞 𝐀𝐫𝐞 𝐒𝐡𝐞𝐞𝐩" 🐑🐑🐑
@trakeC3 ай бұрын
Sold out to the oil companies I see. That's disappointing
@EVOMAN143 ай бұрын
They aint building shit with the printed money apart from future problems for my kids and now problems for me. Sick of it
@nikolajovicic1743 ай бұрын
As many have stated in the comments, the 30% increase is actually a 130% increase since the 2020. Prices literally doubled for many groceries and services for the past 4 years and wages cannot follow that! This is getting scary at this point.
@markjarvis61093 ай бұрын
We are so fuc*ed
@edwardmclaughlin79353 ай бұрын
Unfortunately, the entities that brought about all of this are still in positions of power and are becoming ever more unassailable and just as resolute in their mission.
@homeydontplaydat83873 ай бұрын
No they are not. Not if bad shit happens. They will get theirs, in this life or the next
@Jeff__M3 ай бұрын
Luckily the banks owns those mortgages and luckily the banks don’t have your money and if they do have your money….a bail IN is coming…
@edwardmclaughlin79353 ай бұрын
@@Jeff__M And that's lucky?
@edwardmclaughlin79353 ай бұрын
@@homeydontplaydat8387 That's about the dumbest comment I've seen this decade.
@Jeff__M3 ай бұрын
Unfortunately yes lol
@photographedemode3 ай бұрын
I remember a time when having a roof over your head was a given, now it is starting to become a luxury, this is a tragedy. You can't say you live an a civilised and or rich country when there is a rising tide of misery and so many working poor with CEO's and boards of directors making Lottery Level Salaries
@goenapodo3 ай бұрын
specially when in most of rich countries there is plenty of land(even public land). (example: Spain)
@reginafisher99192 ай бұрын
Yep
@lkearney72993 ай бұрын
No matter how illogical government actions appear to be, they're unlikely to be an accident.
@noelreynolds23563 ай бұрын
30%? I can only say for the UK but it’s more like 70-100%
@TheWhiteAfghan3 ай бұрын
In canada, food has gone 3x and home pruces 2x from 2019 ..
@ph80773 ай бұрын
@@TheWhiteAfghan In the UK, I sold two of my houses (both bought in early 2019) for more than double in June 2022.
@TheWhiteAfghan3 ай бұрын
@ph8077 why? The house is physical asset, while fiat is just inflated away to cover the governments stealing
@anewcreature73 ай бұрын
He’s trying not to give ppl heart attacks…
@piotrwojdelko11503 ай бұрын
I live in the UK 9 months and in poland 3 months ,I see diferences nowhere is good now but in Poland is so so at the moment better than in the uk ,kinda perspectives
@erinjk1233 ай бұрын
Weird thought of breeding rabbits for food and collecting rain water for drink came to mind. Survival mode.
@nonsinesole3 ай бұрын
Re:Canada housing debt, did you know federal government is in the works of creating a "hedge-fund" owned by a subsidiary of the CMHC (Mortgage and housing corp) to facilitate selling MBS bundles and take them off bank balance sheets? 2008 is so back baby
@JohnInvest173 ай бұрын
I'm from Australia, but I feel like we are following Canada and the US....
@freedominsteadof19843 ай бұрын
Same in Europe.
@Boababa-fn3mr2 ай бұрын
Australia and Canada are near identical
@lmtt47862 ай бұрын
We are not following, we are leading
@JohnInvest172 ай бұрын
@@lmtt4786 is that good or bad? Lol
@YanAbaus3 ай бұрын
Refreshing to finally hear someone say it right "caused by the pandemic restrictions" i.e. government actions!
@mbjkdajensen3 ай бұрын
Housing in idaho has gone up by 300% in the last 5 years.
@WestyCrypto3 ай бұрын
Is that the California $ coming in? It drove housing prices in Colorado crazy.
@komodo_043 ай бұрын
As someone who lives in Toronto Canada this is 100% true. We are so in debt, housing taking the largest chunk of the pay cheque, if you are fortunate or unfortunate enough to afford to buy a house here. Rent prices are through the roof as well close to paying a mortgage of its own. Because of basically unlimited borrowing, spending and money printing of our government cost of living is becoming unsustainable. As a result and consequences of government's irresponsible decisions we are suffering from being tax to death on literally everything.
@ickster233 ай бұрын
Yet Toronto keeps supporting these policies.
@StealthyNomadica3 ай бұрын
A sci-fi novel/documentary for the ages: “The evil leading the corrupt leading the greedy leading the ignorant leading the desperate leading the blind leading the galactically stupid: The Coming 2030 Fall of Humanity”
@fmango2 ай бұрын
I graduated college in 2014... The major I chose was "absorbed" into other majors because companies wiped entire departments to "save up". Its taken me 13 years of work. Well into my late 30s to be able to save for a down-payment.
@martinarreguy29843 ай бұрын
Scarcity is the method they use. Money is the trick that keeps is in their spell.
@martinarreguy29843 ай бұрын
💰 money is the trick they use on us plebians. It's worth absolutely nothing, backed in species by nothing, and we are charged interest and taxed for nothing and the ones that control it laugh, for they own everything, yet nothing. It only has power because we have been taught to give so. The joke is on us!!!!
@reysm15223 ай бұрын
I can feel based on the grocery that prices/inflation is rising again
@joesmith19823 ай бұрын
Guy your explanations and fundamental understanding on macroeconomics and finance is inspiring. Keep up the great education
@spaghettimonster14983 ай бұрын
90% dollar trade has fallen to 58% in 2022, the situation is much worse than you depict.
@anthonym91303 ай бұрын
Problem with real estate is that it still depends on renters ability to pay rent on Toronto Canada 20 percent of renter's faced difficulty paying rent inflation will crush them making mortgage holders default at some point
@smileystevie96623 ай бұрын
Thanks, Guy and the CB team, for an insightful video on explaining inflation in plain English.
@GregoryShtevensh3 ай бұрын
I got my house 12 years ago. Was told by people "nah I could buy in that area" or "I couldn't live in a semi detached house". I bought humble. Now my house has doubled in price and the same people who turned their nose up at my purchase, can't even afford my purchase. It's bitter sweet... I have two Sons, and don't want to see this. And have mates I wish did buy while they could. But the not so nice ppl who acted like they were too good to buy a house like mine, well I'm kinda happy for them now
@cindygardiner81023 ай бұрын
As a Canadian, we are imploding! 🙏❤️🇨🇦
@ph80773 ай бұрын
At least you're not at the vanguard of woke led by an evil neo-Marxist zealot! ....wait
@CanaDaddd3 ай бұрын
As a fellow Canadian, I concur.
@dangelini11373 ай бұрын
Hello sar, fellow canadian her as well.! 🇨🇦🇮🇳
@__-bz7wh3 ай бұрын
@@dangelini1137😂😂😂
@lmtt47862 ай бұрын
Civil unrest on the streets is coming
@swifttoefl3 ай бұрын
Debt is getting worse and worse over time. Wish everyone the best and hopefully most folks can climb out of it!
@georgeboutwell60693 ай бұрын
Biden added over $5 trillion to US National 🎉debt with more restrictions of production in energy. Joe Biden’s Bidenomics is defined as: psychological manipulation of a person usually over an extended period of time that causes the victim to question the validity of their own thoughts, perception of reality, or memories and typically leads to confusion, loss of confidence and self-esteem, uncertainty of one's emotional or mental stability, and a dependency on the perpetrator
@warrendent4213 ай бұрын
for me, one of your best videos yet, seeing the how and why of our our fiat money system was excellently laid out
@xaviergall22333 ай бұрын
Hey guy, I just wanted to say you're looking healthier. Keep up the great work!
@LeChud3 ай бұрын
I made Bruce Lee type noises while pressing the like button because I'm a full grown adult.
@peterRobinson101013 ай бұрын
Hiiiiii!Yaaaa!!!
@lukem22603 ай бұрын
I just took my fist out of dry wall ,now im licking the blood from my knuckles
@manivang97923 ай бұрын
Fuc yeah 💯
@anku67933 ай бұрын
I literally round-house kicked my computer screen, now it's broken and the video doesn't even have a like :(
@jabronaldrangus95243 ай бұрын
You can't let time win, youth is a mindset.
@AndreRibeiro-le1ti3 ай бұрын
Really informative video Thank you 🫡
@sigmacentauri61913 ай бұрын
Fusion energy is such a disruptive technology it’s being held back. There’s other types of nuclear power that could also be revolutionary like thorium reactors. A fusion resource based economy will look like an entirely different world.
@danielstraka173 ай бұрын
It doesn't matter, there's lots of energy everywhere, they just don't want cheap energy!
@In3xorable3 ай бұрын
Who controls this, and how much does it cost? Seems like it's never going to happen with the competency crisis
@roymadison56863 ай бұрын
Thorium is the way to go. Safe
@Mrpjm2003 ай бұрын
Geothermal from hot rocks is free
@jamal9167Ай бұрын
This video has put so much in perspective for me. Especially in light of the riots that have taken place recently here in the UK.
@unclejezza2 ай бұрын
This is possibly the greatest video that Coin Bureau has ever created.
@mikeh15893 ай бұрын
They're shutting down all the restaurants.
@Krypto_Knight_333 ай бұрын
You’ve hit the nail on the head - let the economy collapse and build from the bubble. Only it obviously won’t be voluntary. It’ll be forced like all our other crises, only this one is heading for total collapse making GFC a blip. It’s written in the stars….!
@elfred88213 ай бұрын
The maniacs will take us to war first..😐
@DR-fy7qy3 ай бұрын
As usual, this presentation on the causes of inflation is explained in a straightforward, easy-to-understand layman's terms. This is something we all have to come to expect from Coin Bureau. Thanks.
@Boababa-fn3mr2 ай бұрын
Very good lesson on the fundamentals.
@HaraldMalischeski3 ай бұрын
Very well researched. Thank you.
@JackSchmo3 ай бұрын
One of your best! Really well done.
@JeavisKraw3 ай бұрын
Didn't expect this video to be this informative and interesting. Many thanks
@izzyplant84283 ай бұрын
Truth beautifully and simply presented. Thank you.
@Angelgrl3 ай бұрын
Hi very informative Thank you Guy❤😊
@kiyoshitakeda4523 ай бұрын
Governments in many cases do not respond to public sentiment. Result unfortunate policies with bad results.
@galaxytrio3 ай бұрын
Very comprehensive and interesting. That must have taken of lot of work!
@amarks43833 ай бұрын
A thousand thumbs up/likes. So informative and quite scary
@simbacrypto3 ай бұрын
Nice as always Guy, Thanks for the insight
@realsatoshihashimoto3 ай бұрын
Congratulations Guy, This is one of the best videos you have ever made. Pretty much perfect. ❤
@sigmacentauri61913 ай бұрын
Thorium reactors like fusion reactors remain a wasted resource that could cause significant changes to the economy as a result of affordable energy.
@dimitriostremmos86173 ай бұрын
Crystal clear information, thanks
@jonnysnowball213 ай бұрын
Don't consume. And get rid of your own personal debt. People constantly want material things. We need to get back to nature.
@Curitibaas2 ай бұрын
Great video. Thank you!
@jamespeters28593 ай бұрын
Very informative. Thanks 🙂
@jakegood27963 ай бұрын
World class advertising my friend, classy
@michaelm49703 ай бұрын
Great analysis, thanks
@lilbfrom094princeton83 ай бұрын
@19:26 It’s funny you this list up Guy as I’m currently working on duel citizenship in the Cayman Islands. Spot on my friend 💯
@canadist3 ай бұрын
thx kindly for this one 🙏
@aurinator3 ай бұрын
Great & informative video like usual and just wanting to Comment for the Algorithm.
@Mr.Buckets693 ай бұрын
Guy with his iminent apocalypse stress beard….😛
@papspooga14283 ай бұрын
I’m Canadian. You couldn’t be more right. It’s all going to shit
@Userhfdryjjgddf3 ай бұрын
You forgot to say invest in sound money. Silver and gold
@Gravi663 ай бұрын
I am just reading "The Bitcoin Standard" now, so most information in this video are no surpirse for me. But thank you anyway for the video!
@yonkokaido69553 ай бұрын
1:00 theres a third one you forgot corpoate greed. When they coordinate that greed prices go up, but only in highly centralized industries. Think internet, phones, energy, etc.
@shughy13 ай бұрын
Lots of micro nuclear energy providers is the way forward
@ronwest79303 ай бұрын
Increase profits by limiting production. They wouldn't do that.
@antoinedelaricochet61363 ай бұрын
Great work, thank you!
@Incognito-fe8cw3 ай бұрын
The real problem is that prices will continue to rise. If I have a business and my tax, insurance,utilities, and suppliers raise their price, I have to raise mine too, and you end up paying more ! The madness has to stop somewhere !
@MichaelAddlesee3 ай бұрын
Whoever gets viable fusion reactors first, wins.
@ph80773 ай бұрын
Whoever invents that will go the same way as J Epstein.
@saturn7243 ай бұрын
Because the entire world is paying for America's expensive wars via USD printing
@GrahamDavison-b8n3 ай бұрын
The rest of the world needs to go back to gold standard.
@rmondave3 ай бұрын
The masses are too easy to distract while their pockets are picked, and USA has taken max advantage of the USD reserve currency to loot the world.
@freedominsteadof19843 ай бұрын
LOL, yes yes. The EU was forced to print money to finance the bankrupt southern EU states - by the US🤡
@jacobd47933 ай бұрын
Have a good day man ❤
@codygames54153 ай бұрын
The reason is because the dollar is losing its standing as the world's reserve currency to buy oil.
@Flumazenil3 ай бұрын
Thanks Joe.
@Mario4JC3 ай бұрын
It's not that complicated it's greed from corporations to want more and more profit without taking into account the working class and increasing wages.
@Npc1.3 ай бұрын
Greed starts locally, with your neighbour, family member, childhood friend.....
@IaintTheHerb3 ай бұрын
🎯
@Baekstrom3 ай бұрын
You could also say that prices going up is an expression of the value of your labor is going down. As automation becomes more and more ubiquitous the value of your work will tent towards zero. Then the question becomes: Does your mere existence on this planet have a value that exceeds the cost of having you around?
@mattfm1013 ай бұрын
What's that quote about central banking money printing robbing you out of your own country?
@Ray-ld3mt3 ай бұрын
Top content!
@andrewvader90773 ай бұрын
Very important and relatable video to date
@Tracey663 ай бұрын
Re: energy scarcity; here in Alberta, Canada, our provincial government strictly limits how many solar panels you can install on your own house, paying for them yourself. If they didn't do that, we Albertans would have many, many more solar panels providing renewable, clean energy.
@syedatiqe3 ай бұрын
good knowledge. thank you
@Ampermetras3 ай бұрын
I didn't expect that video will so interesting.
@erwin_8883 ай бұрын
Bhutan... also buying bitcoin as a country, sustainable energy.. bring your own tea.
@marcovangelder19373 ай бұрын
The Dutch government is planning to build 4 nuclear plants. Smart move cause solar and wind only won't do the trick.
@davideyres9553 ай бұрын
Actually the problem is much bigger than you know. Nuclear is great for base load but when load changes they are not very reactive.
@antonlevkovsky16673 ай бұрын
like mr David said, nuke plants need to be balanced with other more responsive sources. Hydro can do the trick. If the country is unlucky and has no big rivers, you are left with gas / coal.
@lucarmyfool48003 ай бұрын
Windenergy is the better option, not the big windfarms tho, but a windpack on every house, building and not connected to a net where you overpay a big entity. Local energy, local produce and all that in a crypto enviroment, no banks no government, no politicians. We have to go back to simple economics and living.
@wesleycardinal88693 ай бұрын
A very good macro analysis. I find myself these days asking who would profit from collapse or civil war for example. There are people who would open hell if they thought they could make a buck.
@IlluminatusNovous3 ай бұрын
Derivatives of the US is 625T, US debt is 34.7T, and unfounded liabilities are 215T, while the US assets only total 205.7T & M2 money supply is 21T. US is far beyond bankrupt! Debt Jubilee & Monetary Reset are only true viable options.
@cardanogreen3 ай бұрын
You pointed out some huge problems in Canada. Combine that with the fact that we have ZERO GOLD RESERVES!
@can89953 ай бұрын
Come Turkey and see the meaning of expensive
@CrackerSmith3 ай бұрын
The switch to "only" green energy will doom us all. Should've let the markets decide, not govt phase out sources of energy.
@impuls603 ай бұрын
I'm not convinced if supply is the issue, here in Norway we have enorumous oil findings, I guess we cant sell more because of Opec restrictions.
@marioortizbuijssedrs.23293 ай бұрын
No, because of the CO2 madness and the "climate change by men" - hoax .
@HellGod673 ай бұрын
Latvia :( government doesn't give a fk about how hard it is to buy a flat(not even mentioning a house) without being rich/tourist or draining all of your money that you were saving up for dozens of years. That is why going abroad to earn money is the standard here. Would that person want to return after 5-10 years abroad anyway? Highly doubtful. I am anticipating that bubble to burst and see it burn.
@ManaIsGreat-vt3ho3 ай бұрын
This channel is a gem. Keep up the good work Sir.
@hasslefree35273 ай бұрын
Since 2018, when we got PV installed, we are independent from out utility's electricity pricing. Unfortunately, due to the described influences, we are still impacted.
@George-xb5ey3 ай бұрын
Ah yes when the average home waa 420 thousand in Australia was 20 years ago. Now its 1.5 million
@mariabyrne19542 ай бұрын
very creative with the Shakespeare ❤
@orionhauk29683 ай бұрын
The price of goods and services have gone up more than the inflated cost of business. He's increased costs are available for price gouging.
@dylanl22583 ай бұрын
I can't handle when people talk about inflation without talking about monopolistic price gouging. The equation for the relationship between demand and supply needs to include the leverage owners of resources have. If you have some monopoly controlling the supply for a good, supply and demand no longer flow fluidly. We have to stop listening to people who pretend to inform about economics, but refuse to address monopoly control.
@GaHaus2 ай бұрын
Glad to see someone actually mention supply and demand talking about the structural issues that if we were to agree on them, could be resolvable. Funny how many economists say supply/demand doesn’t apply when it comes to immigration, for reasons 🤷♂️ Immigration, in particular low skill, affects demand on services and tax collection at the lower end of the pay scale. And then many economists also seem to say mass import of cheap labour doesn’t push down wages 🤷♂️🤷♂️🤷♂️ when everyone buying the cheap labour keeps saying “wow it’s amazing how cheap these workers are”
@yazzze3 ай бұрын
This is so sad, I work in healthcare and love my work with helping the sic. I'm already far down on the wage scale compared to other industris and fear i might have to change work in next 5+ years or live on the edge of poverty. =(
@GaryLachance1233 ай бұрын
Amazing work as usual!
@sparky_jackson3 ай бұрын
Such a good video!
@Mark__A3 ай бұрын
For corporate record profits, obviously...
@ReformedGoldBug3 ай бұрын
I assume that's sarcasm.
@TerbrugZondolop3 ай бұрын
Exactly.
@KristopherHesson3 ай бұрын
No that isn't sarcasm. Corporate profits are at record levels right now! Supply and demand is one thing but don't sleep on corporate greed.
@ReformedGoldBug3 ай бұрын
@@KristopherHesson Since 2014 profits on the S&P 500 are up 40% while the M2 money supply is up 87% (FRED) so in real terms, profits are down more than 50%. Inflation is always and everywhere a monetary problem.
@freedominsteadof19843 ай бұрын
@@ReformedGoldBugnow do private consumer.
@ponzo19673 ай бұрын
Supply and demand are natural occurrences but most of this inflation is driven by policy.
@TrevinoTrevino-wb4sq3 ай бұрын
Don't forget the HUNDREDS of food processing plants that have suspiciously caught fire in the last 3 years in America alone.
@aquamatt29 күн бұрын
Interesting.There were also several chlorine manufacturing plant fires as well.