Econ 101: To Much MONEY chasing To Few GOODS. Solution: 1. Increase PRODUCTION. 2. Stop Federal Government DEFICIT SPENDING 3. BALANCE THE FEDERAL BUDGET.
Why inflation and not deflation? Because the world is built on a promise to pay the last guy back in order to grow the economy. Why 2-3% because it's the lowest it can be without being negative. Why low? Because small price increases peoples monkey brains can grasp. Big price increases it's hard to keep up
@@PseudoNym100lol except that waged haven’t kept up and inflation has been artificially created through government stimulus coaxed on by loose monetary policy. This is why the wealth gap has blown out, that’s inflation telling you real wages are losing to inflated asset values.
No mention of unprecedented levels of fiscal stimulus stoking inflation pressures. Time to end the Fed's unemployment mandate. Focus strictly on inflation being between -2% and +1% on an annual basis (or -6% to +3 % change on a 36 month running average).
We were just talking about this at our office. It’s all just a big experiment for them. Play with policy, wait and see how us good little worker bees react
rate cut for past 100 years signify impending stock market crash. Good luck boy.. hope u dun lose everything. sahm rule and inverted 10-2 yield curve, go read up on them lol. Last but not least, billionaires after billionaires who are dumping their shares and keep everything in cash lol.
Well, if people are championing rate cuts because stocks go moon, then they better be prepared to pay increased taxes when the overwhelming tranche of society falls further behind and the government starts taxing those with wealth to pay for social assistance. It’ll happen, not saying it’s the right answer but I guarantee it happens lol.
The Same People who said "Inflation is Transitory "
😭
Nancy I conject you didn't watch even half the video.
@@glennsugana4348 I don't believe them
Well to be honest it does come and go. So it transitions from good to bad to good again.
They thought it was transitory, they never said they knew for sure. Nobody did.
This incompetent has NO clue! Greetings from Australia 🇦🇺
Econ 101: To Much MONEY chasing To Few GOODS.
Solution:
1. Increase PRODUCTION.
2. Stop Federal Government DEFICIT SPENDING
3. BALANCE THE FEDERAL BUDGET.
Bring American Manufacturing Back to America!
If we need it, we can make it!
4. Curb price gouging by businesses that have monopolies over goods and services 😂😅
the video is silent for me 😳
Try unmuting your audio.
Powell is the 🐐
Nothing has gone down yet he’s cutting rates here comes hyperinflation!!
Why is it desirable to have 2% inflation or any inflation at all?
Why inflation and not deflation? Because the world is built on a promise to pay the last guy back in order to grow the economy. Why 2-3% because it's the lowest it can be without being negative. Why low? Because small price increases peoples monkey brains can grasp. Big price increases it's hard to keep up
You can argue that inflation is equal to a growing economy. Inflation is akin to expansion while deflation is akin to contraction.
> Why ... inflation ...
How else to print money?
@@PseudoNym100lol except that waged haven’t kept up and inflation has been artificially created through government stimulus coaxed on by loose monetary policy. This is why the wealth gap has blown out, that’s inflation telling you real wages are losing to inflated asset values.
@@nickzivs no arguments from me. I agree with you on those points for sure. I'm just explaining to op why inflation is desirable at 2%.
Nice lies
Perfect timing, right after DNC ..🤔
@WSJ No sound on your live stream
No mention of unprecedented levels of fiscal stimulus stoking inflation pressures. Time to end the Fed's unemployment mandate. Focus strictly on inflation being between -2% and +1% on an annual basis (or -6% to +3 % change on a 36 month running average).
What if the upcoming data set indicates a further acceleration in the rate of inflation?
The EV sector now continues its Summer Surge.? Thumbs Up video
Transitory Hypothesis = Modern Monetary Theory
Wooho! Another FED success. Wealth transferred from poor to rich. Rinse and Repeat.
Let them eat Cake...
Wonder what corporate was doing as the game was played again
Why was this in Jackson Hole? One of the richest counties in America, where workers have struggled with homelessness for over a decade?
We were just talking about this at our office. It’s all just a big experiment for them. Play with policy, wait and see how us good little worker bees react
Because during Paul Volkers tenure he wouldn't attend any meeting unless there was an opportunity to go fly fishing during the trip.
@@paroffice hilarious that this is true
start of bullrun, thank you Powell
You’re an ID-10T. Stocks go up but so does everything else. 🙄
rate cut for past 100 years signify impending stock market crash. Good luck boy.. hope u dun lose everything.
sahm rule and inverted 10-2 yield curve, go read up on them lol. Last but not least, billionaires after billionaires who are dumping their shares and keep everything in cash lol.
@@ro6742 You should buy stocks then
@@ro6742 you'll see
Yeah right market is ready for a correction August was nothing just wait
Good ol uncle P
the genie inflation just like taking something forgotten in the home to go outside again to rampage inflation if the FED lower rate it
Great job Fed Chair Powell 👍
Big fall
4:09
INFLATION IT IS!!!!!
🥤😎🍿
I don't know who this lady is bobbing her head over there, like somebody important Taking notes like a student give me a breakout amateur.
Banksters gotta bank
jack & jill?
And Jack left town.
ran up the hill?
Well, if people are championing rate cuts because stocks go moon, then they better be prepared to pay increased taxes when the overwhelming tranche of society falls further behind and the government starts taxing those with wealth to pay for social assistance. It’ll happen, not saying it’s the right answer but I guarantee it happens lol.
Because most of the company's top executives have reduced their stock holdings and cashed out. Waiting for companies to release bad news is the norm.
Wish we could elect this guy president. I sense more integrity and intelligence in him than any of these other yokos in Washington lately.
Powell for president!
bama and kermala's apes caused inflation.