Oh baby, we’re talking interest rates

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  • Опубліковано 10 січ 2025

КОМЕНТАРІ • 1 тис.

  • @BonganiMojakhomo
    @BonganiMojakhomo 3 місяці тому +1541

    My day jusy got better 😂

  • @benni4451
    @benni4451 3 місяці тому +2846

    "I have interest and I must rate." - Economy

    • @Scyiclonne
      @Scyiclonne 3 місяці тому +51

      The economy rated so hard

    • @roguesample
      @roguesample 3 місяці тому +5

      10/10 interesting

    • @LuisSierra42
      @LuisSierra42 3 місяці тому +6

      7/10 IGN

    • @whitejacket9725
      @whitejacket9725 3 місяці тому +11

      I Have No Rate, And I Must Screen

    • @NFS0038
      @NFS0038 3 місяці тому +1

      Money lending has no value and is rapacious. It is unfamiliar with such trades as agriculture and commerce… Money lending wants everything to be wild and begets whatever has been untilled… Usury’s home is a threshing-floor upon which the fortunes of the oppressed are winnowed and where it considers everything as its own. It prays for afflictions and misfortunes in order to destroy such persons. Money lending despises people contented with their possessions and treats them as enemies because they do not provide money. It watches courts of law to find distress in persons who demand payment and follows tax collectors who are a nest of vultures in battle array prepared for war. Money lending carries a purse and dangles bait as a wild beast to those in distress in order to ensnare them in their need. Daily it counts gain and cannot be satisfied. It is vexed by gold hidden in a person’s home because it remains idle and unprofitable. Usury imitates farmers who immediately plant crops; it takes and gives money without gain while transferring it from one hand to another.
      -St. Gregory of Nyssa
      ICXC NIKA

  • @TheLostVector
    @TheLostVector 3 місяці тому +2887

    WHERE'S THE TRENCH COAT TOOMEY

    • @jonasplima
      @jonasplima 3 місяці тому +93

      Only on fancy videos. This video is about tragedy.😊

    • @attackeyebrows3649
      @attackeyebrows3649 3 місяці тому +78

      He's shedding his skin.

    • @halo4eva100
      @halo4eva100 3 місяці тому +46

      I dont know if i can trust a man who isnt wearing a trench coat

    • @roguesample
      @roguesample 3 місяці тому +19

      Lost it to run that sick 40yd dash at the beginning

    • @julion89
      @julion89 3 місяці тому +6

      NYC is pretty warm right now

  • @GoodWorkMB
    @GoodWorkMB  3 місяці тому +943

    We have now interestigated rates. What should we cover next?

    • @SamOGr
      @SamOGr 3 місяці тому +373

      you should cover yourself in mayonnaise

    • @infinousX
      @infinousX 3 місяці тому +114

      do mortgages for dummies

    • @dalkay
      @dalkay 3 місяці тому +57

      The FIRE movement? I’ve heard a lot about them

    • @alexandergarner7055
      @alexandergarner7055 3 місяці тому +157

      Accounting

    • @BababooeyGuy-q4e
      @BababooeyGuy-q4e 3 місяці тому +28

      @@SamOGr I second the mayonnaise Idea

  • @JustinJones_now
    @JustinJones_now 3 місяці тому +1048

    The confused look on that girls face on the title screen freeze frame as you’re sprinting past her 🤣💀

    • @LuisSierra42
      @LuisSierra42 3 місяці тому +11

      Gold

    • @dominicadamo768
      @dominicadamo768 3 місяці тому +8

      I love how she barely even looked at him

    • @rainbomg
      @rainbomg 3 місяці тому +80

      ⁠@@dominicadamo768I love that her instinctive response to a strange man suddenly sprinting towards her is to sorta lean away from him and keep it movin. NYC baby

    • @hyronharrison8127
      @hyronharrison8127 2 місяці тому

      Ah yes, all men are inherently dangerous!

  • @8JBarker
    @8JBarker 3 місяці тому +657

    Shout out to Jeanna for having an actual microphone 🫡

    • @c7lee
      @c7lee 2 місяці тому +9

      Mic was from her AirPods

    • @HannesRadke
      @HannesRadke 2 місяці тому +8

      A well sounding island in a sea of mumbling noises.

  • @TyrooShino
    @TyrooShino 3 місяці тому +281

    Unironically some of the most informative and factual content you can see on YT

    • @halgerson
      @halgerson 2 місяці тому +7

      This was one of the better and balanced intros to the Fed and interest rates I've ever seen. Both ends of the political spectrum tend to have conspiracy theories about how the economy works. It's nice to see a sane, moderate take

  • @zackklapman3569
    @zackklapman3569 3 місяці тому +527

    “F*ck I’m good.” 😂

  • @WOMFT
    @WOMFT 3 місяці тому +167

    bro is not pregnant but always delivers

  • @timothyflat
    @timothyflat 3 місяці тому +639

    Great video, watched it on the porcelain throne. Always on time, thanks for sharing your wisdom.

    • @francis-ip8ub
      @francis-ip8ub 3 місяці тому +13

      Same here😂

    • @GoodWorkMB
      @GoodWorkMB  3 місяці тому +412

      well done, king. i just know those feet fell asleep

    • @NotTehJon
      @NotTehJon 3 місяці тому +8

      @@GoodWorkMB why u talkin bout feet

    • @reece3408
      @reece3408 3 місяці тому +2

      @@NotTehJonhe’s obsessed

    • @VashdaCrash
      @VashdaCrash 3 місяці тому +7

      @@NotTehJon You get numb feet if you're too much time at the throne- I think he's referring to that.

  • @ZacharyParks8
    @ZacharyParks8 3 місяці тому +211

    cgi budget on the asteroid was legendary

    • @LuisSierra42
      @LuisSierra42 3 місяці тому +8

      Actually, it was all practical

  • @Jamaal67i
    @Jamaal67i 27 днів тому +1109

    Concerns about a potential recession and the Fed's talk of interest rate hikes have left me uneasy. I'm unsure about my $440K portfolio strategy, considering the uncertainty of a recession and the possibility that interest rates may not rise significantly

    • @Peterl4290
      @Peterl4290 27 днів тому +3

      Choose quality stocks and follow them up. If you're not one for such complexities, work with an Advisor to grow your portfolio. You can't go wrong with a sound CFA.

    • @jerrycampbell-ut9yf
      @jerrycampbell-ut9yf 27 днів тому

      You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.

    • @jerrycampbell-ut9yf
      @jerrycampbell-ut9yf 20 днів тому +2

      A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $$275k to $850K...

    • @sabastinenoah
      @sabastinenoah 19 днів тому +2

      Can you share details of your analyst? I want to invest my increased cash flow in crypto and alternative assets to achieve my goals.

    • @jerrycampbell-ut9yf
      @jerrycampbell-ut9yf 19 днів тому +3

      “'Annette Christine Conte , a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

  • @wrightbrothers5368
    @wrightbrothers5368 2 місяці тому +47

    5:35 you have a huge crush on the economics baddie don’t lie to me

    • @grimreefer9324
      @grimreefer9324 Місяць тому +9

      Economics mommy please recommend me the investment certificate with the least volatile returns

  • @Pr0toPoTaT0
    @Pr0toPoTaT0 3 місяці тому +54

    Im watching this on nebula right now. Wish they allowed comments and other stuff though 💔. Keep up the "Good Work".

    • @LabGecko
      @LabGecko 18 днів тому

      Thanks for keeping them going for those of us who can't

  • @weezintrumpeteer
    @weezintrumpeteer 3 місяці тому +27

    I don't even know what to say. I'm highly entertained, I learned something, and it's free. Two thumbs up from me.

  • @jacksonstacy8962
    @jacksonstacy8962 3 місяці тому +26

    Incredible editing and format change y'all. Innovative but also true to what makes the channel great. 11/10. No notes. Thanks for the good work

  • @tank4731
    @tank4731 3 місяці тому +110

    9:00 "I went to the poorest town in India and showed them my watch collection" ... amazing

  • @bdhanes
    @bdhanes 3 місяці тому +202

    Not a single one of us landed. 😂

    • @ATMOSK1234
      @ATMOSK1234 3 місяці тому +19

      You can't land if you never stop flying brother

  • @Mikey-od1xd
    @Mikey-od1xd 3 місяці тому +33

    The editor had a field day with this one

  • @plaguedyouth
    @plaguedyouth 3 місяці тому +196

    "its a skin thing, dont worry about it" im actually more worried about it now

    • @eFiggidy
      @eFiggidy 3 місяці тому +2

      😂

    • @krombopulos_michael
      @krombopulos_michael 2 місяці тому +6

      Why? He explicitly said not to worry about it. It was a very simple instruction

  • @honey-bagder3451
    @honey-bagder3451 3 місяці тому +126

    Why do the explosions get me? 😂

    • @kurtbruns
      @kurtbruns 3 місяці тому +2

      The first was a chuckle and the second a guffaw

    • @NotTehJon
      @NotTehJon 3 місяці тому +2

      was waiting for dan to go "shut up, nerd" and he didn't so I got sad

    • @Nirvan1st
      @Nirvan1st Місяць тому

      😂

    • @LabGecko
      @LabGecko 18 днів тому

      Timing.

  • @Rogers808
    @Rogers808 3 місяці тому +76

    "Something like the supreme Court " 😂😂😂😂😂

    • @jake-te8gm
      @jake-te8gm 3 місяці тому +12

      As a current law student who just studied the Dobbs decision last week in his Constitutional Law class, my jaw dropped a little at that comparison. I WISH the supreme court was as apolitical as the Fed!

    • @Pironious
      @Pironious 2 місяці тому

      Sorta gives away how political they are, huh?

  • @space3828
    @space3828 2 місяці тому +5

    I just found your channel and this is the kind of journalism i want to see.

  • @lesahackborn3939
    @lesahackborn3939 2 місяці тому +140

    Just learnt few ways productivity can be managed, Appreciate the sense of detailed content...Everything can be made easier although a lot of ways to gamble on productivity has made it tough, It's so common that to some extent you have to participate at least attempt to get ahead and hopefully secure a comfortable retirement. Money sitting in the bank does not grow, money not invested well can be unproductive

    • @carlosjohn460
      @carlosjohn460 2 місяці тому +3

      How do you know what to invest in? How can you know if it is the right choice

    • @lesahackborn3939
      @lesahackborn3939 2 місяці тому +12

      You could get more insights in real estates, stocks, bonds, anything and you just don't buy anything but something you've looked into properly and objectively... If you need proper guidance, you could use an F.A or realtor or any expert there... For me, it was increased productivity through digital assets evolution. I have made up to 400,000 in profits with my guide, There are more options these days..

    • @chrisschules9943
      @chrisschules9943 2 місяці тому +5

      Totally agree on using a guide, but where do one even find a proper guide ? I'm ready to get serious about expending, but the options out there are overwhelming

    • @lesahackborn3939
      @lesahackborn3939 2 місяці тому +10

      Consistent results aren't luck. Research was the challenge however it led to Lisa Michelle Pacillas, a top CFA well known with an impressive strategy.

    • @lesahackborn3939
      @lesahackborn3939 2 місяці тому +8

      She might be worth checking out online

  • @existential_
    @existential_ 3 місяці тому +76

    Those Fonts in the vast cosmos sure brought back memories

  • @sune1
    @sune1 3 місяці тому +48

    I'm starting to like this intern, I'm wondering how unpaid he is

  • @maxinthedam
    @maxinthedam 3 місяці тому +19

    Dude… jeanna smialek!!! You’ve officially made it.

  • @thepandadiaries
    @thepandadiaries 2 місяці тому +1

    i got recommended this channel last week and now im at my third run of watching all the videos. work is just too good!

  • @potetoesman
    @potetoesman 3 місяці тому +60

    I love Dan’s smirks and nods when he interviews people lol

  • @royaltyblessed2454
    @royaltyblessed2454 3 місяці тому +40

    Not even 15 seconds in and i was in tears....and after video i am still in tears for different reasons 😅

  • @furypunk2564
    @furypunk2564 3 місяці тому +38

    "Herman Cain was alive when trump nominated him, Herman Cain is dead now"
    7:16

  • @tylerrose9758
    @tylerrose9758 2 місяці тому +2

    This is one of the best channels on UA-cam, thank you SO much Dan and team!!

  • @begunjun
    @begunjun 2 місяці тому +9

    As a student of economics, the only thing i can say for sure is that NOTHING IS FOR SURE. All these fancy econometric models and theories we got going on...junk when it comes to shocks xD ...and "shocks" are strangely the most predictable variable. Because you KNOW that Something (usually Bad) is always over the horizon :')

    • @Aubrey2004-j4k
      @Aubrey2004-j4k 2 місяці тому

      Really should have studied economics

  • @sagefaribole
    @sagefaribole 3 місяці тому +32

    perfect tie length

  • @KDG702
    @KDG702 3 місяці тому +3

    you are one of my favorite channels on the internet, and your humor is always top notch. great vid, look forward to the next one.

  • @pavlishev3643
    @pavlishev3643 2 місяці тому +2

    I already watch the news everyday, but I wish all reporting was in this style. Thank you Sir!

  • @briankelly1240
    @briankelly1240 3 місяці тому +27

    Interesting topic. Good work.

  • @EdwardBrown-v6l
    @EdwardBrown-v6l 2 місяці тому +124

    Excellent video but Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

    • @SofiaVitali-w9h
      @SofiaVitali-w9h 2 місяці тому

      You're correct!! I make a lot of money without relying on the government,
      Investing in stocks and digital currencies is beneficial at this moment.

    • @MarzenaDuda-lq4tq
      @MarzenaDuda-lq4tq 2 місяці тому

      Job will pay your bills, business make you rich but investment build and wealth long term, the future is coming.

    • @VullnetKola-el7pg
      @VullnetKola-el7pg 2 місяці тому

      Life is easier when the cash keeps popping in, thanks to jeffery kathryn services. Glad she's getting the recognition she deserves

    • @NargizaRamilov
      @NargizaRamilov 2 місяці тому

      ​@@VullnetKola-el7pgWow! Kind of in shock you mentioned expert, Jeffrey Kathryn What a coincidence!!

    • @NargizaRamilov
      @NargizaRamilov 2 місяці тому

      Thank you Lord Jesus for bringing expert Kathryn into my life and my family, $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!

  • @ARES-il3wk
    @ARES-il3wk 3 місяці тому +13

    this is my economics syllabus of class 12th . thanks dan for helping me revise (i have an eco exam tommorow (i aint studying))

  • @blazingpanda6717
    @blazingpanda6717 2 місяці тому +1

    Only just found your channel about a month ago and i LOVE it. Beautiful mix of funny and informative

  • @Alex-cw3rz
    @Alex-cw3rz 2 місяці тому +6

    Keep in mind higher interest rates are designed to reduce spending in an economy spending too much. However, that is not what recent inflation was caused by. Which was supply chain issues and profit which profit alone made up over 50% of inflation. The hike in interest rates punished the public and did not reduce the actual causes of inflation.

    • @wumi2419
      @wumi2419 2 місяці тому +1

      I wonder if we will ever know what does economic model used by FED *assume*. All models are simplified, otherwise it would be impossible to work with them, which is based on a set of assumptions. Though I doubt it's possible for assumptions to be published, what if one of them is false? That would mean admitting to the world that they have no idea what they are doing anymore.

  • @josefobrien9602
    @josefobrien9602 2 місяці тому +2

    I learn more during these 10 min videos than anything I try to learn on my own. Bravo

  • @Jupa
    @Jupa 3 місяці тому +85

    I’ve started to watch Bloomberg exclusively. That’s where the cool people hang out. They keep going on about this. I wanted to search it up, but I know I won’t.
    Thank you Dan. Dan for president.

  • @solitivity
    @solitivity 2 місяці тому +3

    8:22 "...and so, you've got these other factors out there."
    *BOOOM*
    "Indeed, all those factors do be out here." 🤣

  • @PokhrajRoy.
    @PokhrajRoy. 3 місяці тому +36

    My rate of interest in this channel is comparatively better than the leading financial institution.

  • @matthewholt6168
    @matthewholt6168 2 місяці тому +5

    I'll never not find it hilarious when Dan hops out from behind an object and starts monologuing

  • @willia_music
    @willia_music 2 місяці тому +3

    The power of quoting without citation (right before you play the interview clip) is such a powerful trope that you straight clown on

  • @BellaTealSings
    @BellaTealSings 3 місяці тому +19

    Why is the explosion at 1:15 so hilarious

    • @NoahLawt
      @NoahLawt 3 місяці тому

      Same at 8:26 lol

  • @tonytoo9999
    @tonytoo9999 3 місяці тому +6

    I love the hyper-realistic CGI for the asteroid at 9:05 - no expense spared!

  • @orthoplex64
    @orthoplex64 3 місяці тому +32

    Now, as when I last tried to look into it, what loses me is the part where banks lend to other banks. I'd've imagined that's something that happens only rarely, in times of emergency for the odd bank here and there. But instead it's so ubiquitous that its interest rates are wielded as the primary tool of inflation control??

    • @chrisholland2918
      @chrisholland2918 3 місяці тому +21

      Yeah it's kind of a necessity for depository institutions (e.g., Bank of America) to maintain sufficient liquidity (i.e., money to give to people withdrawing from their checking) based on their obligations (other money they've borrowed or deposits from customers). There are a ton of moving pieces, but tl;dr yeah overnight markets are super active. Also, I dig the use of a compound contraction!

    • @williamjones8956
      @williamjones8956 3 місяці тому +18

      I’m a bank and I have $100 in cash. I have some cool idea and it’ll cost $75. I can’t use 75 of my 100 because I would have a liquidity issue. So I’ll borrow money from another bank to either cover my liquidity or fund my project. Since I’m a bank working with other banks, this process establishes clear interest rate requirements because we can all see what the current market for interest rates is like and determine if they are profitable or not

    • @alvindelgado196
      @alvindelgado196 3 місяці тому +8

      I hope this is accurate and helps! The fed funds rate are actually for overnight loans between banks' reserves. They end up happening daily between institutions so that they meet the minimum cash-on-hand requirements (which the Fed also mandates). Since these loans are so common and frequent, they are a viable target for rate controls

    • @BarSalad
      @BarSalad 3 місяці тому

      Look up ‘fractional-reserve banking’. In short, if you deposit $100 into your bank, the bank might actually only keep around $10 of those dollars and choose to lend the other $90 (or to invest it in some way). That’s how banks make money. If a lot of people want to withdraw cash at once (or deposit a lot) banks will lend money to each other to keep their ratios balanced.

    • @Uruz2012
      @Uruz2012 3 місяці тому

      ​@@chrisholland2918Sounds like they could just hold larger reserves to cover it instead of borrowing. The largest banks in the US manage their books like a rich kid eho knows that daddy will just hand them money if they can't borrow it from a friend if an emergency comes up.

  • @galkotcsi
    @galkotcsi 3 місяці тому +48

    LYNCHBURG MENTIONED

  • @19MAD95
    @19MAD95 3 місяці тому +17

    That ripple effect joke was hilarious

  • @Raggart
    @Raggart 3 місяці тому +8

    That tie was just ☠️

  • @poetics1725
    @poetics1725 3 місяці тому

    Is this the best channel on UA-cam? I genuinely think it might be. Keep it up, Dan the Good Work team!

  • @Legendary54ff
    @Legendary54ff 2 місяці тому +169

    *I'm favoured only God knows how much I praise Him,* $230k every 4weeks! I now have a big mansion and can now afford anything and also support God’s work and the church.

    • @Legendary54ff
      @Legendary54ff 2 місяці тому +15

      Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!

    • @EvaaLeah
      @EvaaLeah 2 місяці тому +12

      Wow that's huge, how do you make that much monthly?.. I'm 37 and have been looking for ways to be successful, please how??

    • @Legendary54ff
      @Legendary54ff 2 місяці тому

      It's Ms. Evelyn Vera doing, she's changed my life.

    • @Legendary54ff
      @Legendary54ff 2 місяці тому

      I started pretty low, though, $5000 thereabouts. The return came massive. Joey is in school doing well, telling me of new friends he's meeting in school. Thank you Ms. Evelyn Vera, you're a miracle.

    • @Suuuzzyyy
      @Suuuzzyyy 2 місяці тому

      Wow...I know her too she is a licensed broker and a FINRA agent she is popular in
      US and Canada she is really amazing woman with good skills and experience.

  • @michaelchen2718
    @michaelchen2718 Місяць тому +2

    4:07 broooo chill she's taken 😭

  • @lolbajset
    @lolbajset 3 місяці тому +23

    Don't understand nor like economics, but these are always entertaining to watch

  • @friedac2703
    @friedac2703 2 місяці тому

    the editing is EVERYTHING, made my day!

  • @shotline2674
    @shotline2674 3 місяці тому +8

    God i love macroeconomics

  • @IsaiahDavis-bu2in
    @IsaiahDavis-bu2in 3 місяці тому

    Your videos never fail. As soon as I see you upload a new video, I watch it!
    Great as always!

  • @RealName828
    @RealName828 3 місяці тому +4

    3:34 I can’t believe the cord underperforms like that 😢I had such high hopes 😢

  • @jwriccardi
    @jwriccardi 3 місяці тому

    Awesome explainer! Great that you’re driving visibility of this issue, especially the importance of an independent Fed

  • @salmoneysca
    @salmoneysca 3 місяці тому +6

    I dream of one day watching one of these videos and just seeing my professors in them

  • @chipsafan1
    @chipsafan1 3 місяці тому

    You honestly bring so much joy to my day, Dan Toomey 😂

  • @derek8315
    @derek8315 3 місяці тому +8

    Lol at all the WordArt

  • @Abracadielan
    @Abracadielan 3 місяці тому

    Your videos are absolutely fantastic, the mix of topics, the high level overviews massaged with “funny” language it’s awesome, Good Work!

  • @grimjaw5
    @grimjaw5 3 місяці тому +3

    05:16 funniest graphic yet

  • @ohdearni
    @ohdearni 2 місяці тому

    Brilliant as always. What a team.

  • @Papa-Murphy
    @Papa-Murphy 3 місяці тому +4

    “It’s a skin thing. Don’t worry about it.”
    Incredible

  • @alfgoodman2378
    @alfgoodman2378 2 місяці тому

    Hey love your work the scripting in every video. chefs kiss man

  • @QueenKunta
    @QueenKunta 3 місяці тому +6

    I can’t believe this channel is only a year old.

  • @Peteparker_
    @Peteparker_ 3 місяці тому

    Best video yet! Such a fun ride with so much to learn!

  • @caioscofield
    @caioscofield 3 місяці тому +3

    keep up the good work 👍

  • @willsims
    @willsims 3 місяці тому +1

    Important for Americans to see this. Good work Mr. Toomey

  • @jsphg6204
    @jsphg6204 3 місяці тому +6

    This is one of your best.

  • @admdubya2107
    @admdubya2107 3 місяці тому +2

    “And this is the rate everyone’s….interested i-“ YOU SON OF A 😂

  • @marcusburke4869
    @marcusburke4869 3 місяці тому +3

    I believe I saw movie about the Fed chair's job called "Equilibrium" starring Christian Bale. Upon reflection, he has been in a surprising number of economics-adjacent movies

  • @JSEarhart
    @JSEarhart 3 місяці тому

    My fav channel on UA-cam! 👏👏

  • @johnlane8053
    @johnlane8053 3 місяці тому +3

    Wow Dan, what an interest.....ing video!

  • @michaeld7376
    @michaeld7376 3 місяці тому

    The music and animation of the “Economic Equilibrium” portion was perfect

  • @Souchirouu
    @Souchirouu 3 місяці тому +17

    I notice a lot of the talk describes the Federal Reserve as a neutral entity which it most certainly is not. Just like any business/institution what its mandates are and gives them make all the difference and that, of course, it is just people that work there. Very wealthy, well connected and powerful people that, like all people, have their own goals. Right now the Federal Reserve gets its mandates from the Legislative branch of the government ie; Congress though the line is pretty thin between the 3 pillars that are supposed to provide separation of powers. There is no technical reason why the Fed couldn't be part of another pillar or be part of no pillar of the government.

    • @zlr9022
      @zlr9022 3 місяці тому +1

      So what kind of change are you suggesting?

    • @Winspur1982
      @Winspur1982 3 місяці тому +1

      You're right that none of these entities are or can ever be truly neutral. I do think Biden has made, on balance, very good choices for his Cabinet and federal agencies: people who recognize, like Spock did, that "the needs of the many outweigh the needs of the few."

    • @will9134
      @will9134 3 місяці тому +1

      @@zlr9022get rid of the dual mandate. Employment is a function of Fiscal Policy, not Monetary Policy.

    • @TheUltimegaMan
      @TheUltimegaMan 3 місяці тому

      @@Winspur1982Wow, can you give investment advice as well?

    • @christianmorales8978
      @christianmorales8978 3 місяці тому

      I think it’s more so connected to bankers rather than politically connected. The fed hasn’t shown much interest in the political system or been very affected by it. It however, has definitely shown favoritism towards large banks. When you consider the fact that the 12 banks of the federal reserve are owned by “member banks” and most people appointed to board of governors are bankers or people with connections in that space, it’s obviously going to favorable towards bank. Its the problem with revolving door politics where you need to regulate an industry but the only ones who can are those who know about it hence people from that industry regulate it themselves. With the banking system however, I’d say it’s worse than other sectors.

  • @randolphesquivel3872
    @randolphesquivel3872 3 місяці тому

    I love when you upload man. Please keep doing what you’re doing.

  • @PeidosFTW
    @PeidosFTW 3 місяці тому +3

    watched all of it, i still dont know what it is

  • @hijdiegaapt
    @hijdiegaapt 2 місяці тому +1

    I suppose there are two groups of finance people, those interested in rates and macro, and those with a sense of humor.
    Im definitely in the first group, but I love the channel 😆

  • @Souchirouu
    @Souchirouu 3 місяці тому +4

    Another great YT'er that covers these things in an understandable way is Heresy Financial.
    I found for myself the best way to understand these topics to drip feed the information from multiple sources and eventually you'll find people that explains in a way that work for you.

  • @BuffRobotiX
    @BuffRobotiX 3 місяці тому +2

    0:36 seeing Dan Toomey sprint full tilt in your direction has got to be terrifying.

  • @herpderp297
    @herpderp297 3 місяці тому +3

    Looks like interest rates have increased for Jeanna

  • @chuck8686
    @chuck8686 3 місяці тому +2

    the rate of interest in Dan Toomey is going up up up!

  • @mykhailyna1
    @mykhailyna1 3 місяці тому +30

    4:35 лол що? Динамо Київ?)

    • @klusey5244
      @klusey5244 3 місяці тому +5

      I saw that too!

    • @artemartem6682
      @artemartem6682 3 місяці тому

      скролил чтоб найти наших, нашёл :)

    • @arcticgorilla
      @arcticgorilla 3 місяці тому +2

      Так рандомно, що аж смішно. Теж проскроллив, щоб когось знайти ахах

    • @Prototype-fc4vb
      @Prototype-fc4vb 3 місяці тому +1

      @@arcticgorilla +1 ахаха

  • @drumersrule5
    @drumersrule5 3 місяці тому +1

    As always, good work Dan.

  • @dockingb
    @dockingb 2 місяці тому +3

    This video sponsored by the Federal Reserve

  • @cameronhicks5225
    @cameronhicks5225 3 місяці тому

    I really enjoy these videos. Spot on, and the info is fantastic!

  • @AnthonyStouteford302
    @AnthonyStouteford302 3 місяці тому +9

    After watching these for the last few months and loading the images of Dan into my watermelon that I trained as an AI model. I won't get too deep into it but I was able to inject the watermelon with monochromatic neurogenesis theta cells. The neural network of that watermelon took off like our interest rates during COVID. Regardless it found that Dan has not changed his reactions to any expert in his video since 2018. We are on to you Dan.

  • @JamesOKeefe-US
    @JamesOKeefe-US 3 місяці тому

    Best channel ever...Dan's the man....

  • @bluebay0
    @bluebay0 3 місяці тому +6

    Dan missed an opportunity to criticize central banks' flawed view of how economics works. Simply jiggering interest rates without any regard for the role of debt and time is why they usually fail quite miserably at stimulating the economy to healthy levels. We as a financialized global society are going to be in this state of stagflation for decades to come, and perhaps longer, if nothing changes fundamentally.

  • @ironhalocorp
    @ironhalocorp 3 місяці тому +1

    I have never been so bored and interested at the same time.

  • @TihetrisWeathersby
    @TihetrisWeathersby 3 місяці тому +3

    It's time people learned more about the Federal Reserve

  • @Raykrueger
    @Raykrueger 3 місяці тому +2

    Can we get an hour long loop of that 9:07 moment? Thanks!

  • @RonDeSantis-bi7yv
    @RonDeSantis-bi7yv 3 місяці тому +6

    It's funny how people think interest rates are the holy grail of maintaining a healthy economy and inflation rate. It's also funny how the same people elect simpletons and bar tenders to control the spending of a 6 trillion dollar federal budget lol.

    • @Deeeznuuts4yoou
      @Deeeznuuts4yoou 3 місяці тому

      Well good thing there's only 1 bartender and hundreds of congressman in a republican controlled congress. So unless the Republicans are incredibly *ahem* incompetent, then that single bartender shouldn't have much sway in the grand scheme of things.
      Dontchyathink?
      Oh wait...no. you don't.

  • @eddericddickerson
    @eddericddickerson 3 місяці тому

    These longer videos dude does are just way too good and friggin hilarious!