The real danger is a balanced budget with a country addicted to government pensions, programs, and freebies politicians have been able to promise in exchange for votes and relying on the Fed to make up the difference between tax revenue received and the $2T the government spends in excess of those revenues. The corner the country has painted it self into requires so much shenanigans to happen behind the scenes that paint the illusion that we are NOT simply kicking the can once again delaying the day of a balanced budget reckoning.
@@BlockworksHQ You aim to lie. 10:55 These are the demcorat talking points you picked up from the View or MSNBC What republicans and a few sane demcorats want are capping discretinary spending to 2022 levels with 1% increases going forward, pull back of any left over nonspent covid money, canclellation of senile ole joe's $400 billion to $1 trillion use of tax payer money to buy votes from college student for college debt forgiveness, and other waste on inflationary liberal pork,... all working against the Fed;s efforts to reduce inflation. I mean this has only been reported for the last month. Along with the fact the about 65% of all, republicans, demcorats and independents say the debt ceiling should no tbe raised without cuts That would put you in the far left AOC wacko MMT debts and deficits don't matter portion.
Prioritizing interest payments and rolling over of principal are likely mandated by the 13th amendment. There's even a reasonable argument that mandatory spending should be prioritized over discretionary spending. However, prioritizing payments on discretionary budget items, i.e. choosing one discretionary bill over another, is likely unconstitutional; the proper method would probably be to use a first-in-first-out queue.
Bad year for me, META is down 40k, ALLP is down 35k, Draft Kings is down 6k, NIO is down 15K, ABML is down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.
Federal Reserve may soon lose control of interest rates, claims Heresy Financial. This comes as a result of the United States government's intention to embark on a $1 trillion borrowing spree. This might cause the banking sector to lose so much liquidity that rates spiral out of control and are no longer in the control by the federal reserve. I'm sorry to say that despite investing, I lack the mental capacity to evaluate each company's performance and decide whether or not now is a good moment to acquire stocks. My reserve of $650K is being wiped out by inflation and the recession.
@Champ Hallier may you let me know who is your coach? I've listened of coaching, an elective to sending cash out indiscriminately, where ventures are made in a individual exchanging account with the help of a proficient advisor. Is this exact?
Thanks for the advice. The search for your coach was simple. I researched her well before arranging a call with her. Considering her resume, she appears knowledgeable.
She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.
Several things come to mind about this problem. First it strikes me that this would be a wonderful way to quietly put the brakes on some of the money causing inflation. As I understand it, some of the stimulus money that was allocated during the pandemic still has not been distributed in spent. Well, I suspect that extraordinary measures that we are in today would allow that money to be redirected, and therefore spent on necessary things rather than inflationary new spending. The same thing can be said for closing down government departments. Yes, the workers would certainly get paid eventually when the debt ceiling was raised, but the spending in those departments other than wages would stop. Each of those things would lower the amount of money being poured into the economy, thereby slowing it down and affecting inflation. Of course the high-wire trick here is to not cause panic. Let's face it, if inflation remains as high as it is currently, the government budgets for future expenditures will be so incredibly distorted that they will have to be cutting services anyways just to pay the oversized interest payments.
Real income growth since last September has been revised to +.01% which means it’s not growing which doesn’t support your comments on a strong consumer. Numerous other data metrics clearly indicate a noticeable slowdown in the consumer(retailers earnings calls in particular). The big thing coming is student loan forbearance and whether it continues. Big numbers
Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, BTC is positively changing people's lives. I stopped panicking about my BTC the very moment I started working with Mr K last year, his confidence and skills is on a maximum level..
Yea this is what feminists really talk about when theycomplain about " glass ceiling" this glass is broken so easly you ou just hear the sound, but it never slows down spending.
She gets that American politics is childish, corrupt, and dysfunctional. I think she's done a good job of describing the forest, in a few words... I'm quite sure she could also describe the trees in much more detail, but she has more discretion than that. And also, James, seriously... most Europeans know FAR more about American politics than vice-versa. It's incredibly rare to find an American who can paint a nuanced portrait of European politics lol
@@evakavka2974 your description is equally true of for all governments and human institutions. You are also correct that people outside the US have more ‘information’ about the US than visa versa, but so what. They are mostly getting their news feed from a particular point of view which doesn’t represent the the whole country thus they parrot that point of view and miss a more complete view of US politics. It happens inside of the US as well ie: one side dominating the media in an effort to influence, but ultimately miss representing reality.
Why is there no conversation about the difference between discretionary and non-discretionary spending? It’s completely disingenuous to not have that discussion. The truth is that discretionary means it’s written into law that it has to get paid no matter what. So what is discretionary? Well Social Security, Medicare, Medicade ARE ALL DISCRETIONARY. What’s non-discretionary? Well it’s all of that stupid sh*t that everyone always asks after they find out about why are we spending money in this. You know, the 200,000$ worth of toilet seats. The 5,000,000.00$ worth of Cocaine to give to monkeys so we can study the effects of cocaine on monkeys. This is all a ruse and it’s shameful how many people fundamentally do not understand how our debt per the constitution works. That does not mean there are not ramifications for breaking the debt ceiling but I assure you that the ramifications for continuing down the money printing road were on is going to make everyone wish we had broken the ceiling when that road ends and the system breaks from our physical irresponsibility.
I think you need to read your comment again. Discretionary payments don’t have to be paid. Non-Discretionary payments have to be paid. When you've been speeding, and a policeman decides to give you a warning instead of a speeding ticket, he is using his discretion not to give you a fine.
@@BigHenFor It all has to be paid. The amount to allocate each year in the budget under discrationary can vary. The mandatory is fixed,.. except for whatever annual increases may be built in.
OP has discretionary and non discretionary backwards, but i get his point, there’s stuff we committed to and write into law already, but that’s not gonna be enough, they need more to fund the war in ukraine
I find it fascinating how crypto prices can fluctuate so drastically in such a short amount of time. It's a testament to the volatility of the market and the unpredictability of investor sentiment. However, I believe that these fluctuations are simply part of the journey towards mainstream adoption and eventual stabilization. Despite the risks, I remain bullish on the potential of cryptocurrencies to disrupt traditional finance and usher in a new era of decentralized transactions. Recent volatility makes it impossible to predict bullish or bearish trends, and trading success depends on the pattern and signal source. Helen James tactics have helped me increase my portfolio by six figures in just a few weeks, and her daily trades provide valuable information beyond just advice.
@@freedomordeath89 Why do youmorons think English speakers hate anyone who can't speak english clearly? It's a matter of being able to understand what she's saying,
@@jcgoogle1808 English speakers should be aware that they were born with the unmerited grace of linguistic dominance. Belittling a brilliant elder having a nuanced conversation like this in a second language just shows that one is a country bumpkin who hasn't done any serious work outside one's own small fishpond.
@@evakavka2974 That was a narrow minded thin skinned snowflake comment. Do you find your safe space ok, Karen? There was nothing belittling about the original comment. It was a statement of fact,.. as much as if you couldn't undertsand her because of a technical problem,.. 1. If this was being done in France in French, the comment would be exactly reversed. "Need a translator for the American,.." 2. English is the second language to the world. Most of the business around the world is done in English. Certainly the US dollar. There are country bumpkins in china who speak clearer Engrish,.. I mean English,... than her.
To access a 40% discount to an annual subscription of Macro Hive Prime, go to www.macrohive.com/jack
thank you for including the date filmed in the description. I appreciate that.
Thank you, great interview. I learned alot too!
Well done!!
One of the vanguard mmf reduced their tbill exposure from 12% last year to 0% right now.
Thank you guys!
Great discussion
If most of the liquidity drain is on ONRRP, reserves is much less impacted than Joseph indicated.
Day after all these predictions they resolve it.
The real danger is a balanced budget with a country addicted to government pensions, programs, and freebies politicians have been able to promise in exchange for votes and relying on the Fed to make up the difference between tax revenue received and the $2T the government spends in excess of those revenues.
The corner the country has painted it self into requires so much shenanigans to happen behind the scenes that paint the illusion that we are NOT simply kicking the can once again delaying the day of a balanced budget reckoning.
Great timing boys
we aim to please!
@@BlockworksHQ
You aim to lie.
10:55 These are the demcorat talking points you picked up from the View or MSNBC
What republicans and a few sane demcorats want are
capping discretinary spending to 2022 levels with 1% increases going forward,
pull back of any left over nonspent covid money,
canclellation of senile ole joe's $400 billion to $1 trillion use of tax payer money to buy votes from college student for college debt forgiveness,
and other waste on inflationary liberal pork,...
all working against the Fed;s efforts to reduce inflation.
I mean this has only been reported for the last month.
Along with the fact the about 65% of all, republicans, demcorats and independents say the debt ceiling should no tbe raised without cuts
That would put you in the far left AOC wacko MMT debts and deficits don't matter portion.
Why are we paying taxes when we can clearly just have the money printed?
Extremely interesting
Prioritizing interest payments and rolling over of principal are likely mandated by the 13th amendment. There's even a reasonable argument that mandatory spending should be prioritized over discretionary spending. However, prioritizing payments on discretionary budget items, i.e. choosing one discretionary bill over another, is likely unconstitutional; the proper method would probably be to use a first-in-first-out queue.
Bad year for me, META is down 40k, ALLP is down 35k, Draft Kings is down 6k, NIO is down 15K, ABML is down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.
Federal Reserve may soon lose control of interest rates, claims Heresy Financial. This comes as a result of the United States government's intention to embark on a $1 trillion borrowing spree. This might cause the banking sector to lose so much liquidity that rates spiral out of control and are no longer in the control by the federal reserve. I'm sorry to say that despite investing, I lack the mental capacity to evaluate each company's performance and decide whether or not now is a good moment to acquire stocks. My reserve of $650K is being wiped out by inflation and the recession.
the market has gone berserk! whether you're a newbie or a veteran trader, everyone needs a sort of coach at some point to thrive forward.
@Champ Hallier may you let me know who is your coach? I've listened of coaching, an elective to sending cash out indiscriminately, where ventures are made in a individual exchanging account with the help of a proficient advisor. Is this exact?
Thanks for the advice. The search for your coach was simple. I researched her well before arranging a call with her. Considering her resume, she appears knowledgeable.
She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.
"magical measures" 🎉
Please add video to your Spotify recordings
When I see DDF, I click. She is phenomenal ❤😊
it's actually alot better if Dominique submits her replies in text and let an AI read it out for us. my GAWD !!!!!!!
Uuuuuuuuuuhhhhhh
Several things come to mind about this problem. First it strikes me that this would be a wonderful way to quietly put the brakes on some of the money causing inflation. As I understand it, some of the stimulus money that was allocated during the pandemic still has not been distributed in spent. Well, I suspect that extraordinary measures that we are in today would allow that money to be redirected, and therefore spent on necessary things rather than inflationary new spending.
The same thing can be said for closing down government departments. Yes, the workers would certainly get paid eventually when the debt ceiling was raised, but the spending in those departments other than wages would stop. Each of those things would lower the amount of money being poured into the economy, thereby slowing it down and affecting inflation.
Of course the high-wire trick here is to not cause panic. Let's face it, if inflation remains as high as it is currently, the government budgets for future expenditures will be so incredibly distorted that they will have to be cutting services anyways just to pay the oversized interest payments.
Real income growth since last September has been revised to +.01% which means it’s not growing which doesn’t support your comments on a strong consumer. Numerous other data metrics clearly indicate a noticeable slowdown in the consumer(retailers earnings calls in particular). The big thing coming is student loan forbearance and whether it continues. Big numbers
If they could find the 21 trillion missing from the Pentagon. I think we might be okay?
Yes. That's just what's "missing" from DoD ;-)
That is fake news. I doubt the pentagon ever even received 21 trillion in it's history.
I think I found it, it’s in the qqq
@@Noone-l6g Noice!
Does anyone remember what Dominique's calls were from the last time she was on?
She has been bullish for 7-8% fed funds rate for quite a while now and not deviated
WHAT? 38:58 WHAT JOB? 😂
There never was risk. The collapse of the economy is already happening and the EuroDollar market is saying so.
Jeff, is that you?
Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, BTC is positively changing people's lives. I stopped panicking about my BTC the very moment I started working with Mr K last year, his confidence and skills is on a maximum level..
He's on TELEGRAMS
@k99coin THAT IS HIS USER NAME
Best signal provider in the market. Knowledgeable, level headed no loss like some other traders who recently jumped on the bandwagon…
Wait... there's a debt ceiling?
Yea this is what feminists really talk about when theycomplain about " glass ceiling" this glass is broken so easly you ou just hear the sound, but it never slows down spending.
Get the money from ukraine. We just heard from lindsey what a great invest ukraine was.
WAIT! Wasn't she the same person that was totally convinced the FED would hike to 8%? Her credibility is now wanting!
Abd sge's holding that view. No pivot. Going higher. End of interview.
FED hasn't stopped yet
❤
Another European who doesn’t understand US politics nor is she interested in learning.
She gets that American politics is childish, corrupt, and dysfunctional. I think she's done a good job of describing the forest, in a few words... I'm quite sure she could also describe the trees in much more detail, but she has more discretion than that. And also, James, seriously... most Europeans know FAR more about American politics than vice-versa. It's incredibly rare to find an American who can paint a nuanced portrait of European politics lol
@@evakavka2974 your description is equally true of for all governments and human institutions.
You are also correct that people outside the US have more ‘information’ about the US than visa versa, but so what.
They are mostly getting their news feed from a particular point of view which doesn’t represent the the whole country thus they parrot that point of view and miss a more complete view of US politics.
It happens inside of the US as well ie: one side dominating the media in an effort to influence, but ultimately miss representing reality.
@@jamesbennett5430 What is the reality?
Fedguy Rocks.
So basically you say Janet Yellen is lying?
No no, I'm sure Janet probably believes what she's saying....
So it's all a scam!
Joseph is so knowledgable. Awesome guest
Joseph is great !
He gets a few critical things wrong, so its hard for me to trust him 🙃
He consistently acts as a Fed apologist & has been wrong on so many things...
Why is there no conversation about the difference between discretionary and non-discretionary spending? It’s completely disingenuous to not have that discussion. The truth is that discretionary means it’s written into law that it has to get paid no matter what. So what is discretionary? Well Social Security, Medicare, Medicade ARE ALL DISCRETIONARY. What’s non-discretionary? Well it’s all of that stupid sh*t that everyone always asks after they find out about why are we spending money in this. You know, the 200,000$ worth of toilet seats. The 5,000,000.00$ worth of Cocaine to give to monkeys so we can study the effects of cocaine on monkeys. This is all a ruse and it’s shameful how many people fundamentally do not understand how our debt per the constitution works. That does not mean there are not ramifications for breaking the debt ceiling but I assure you that the ramifications for continuing down the money printing road were on is going to make everyone wish we had broken the ceiling when that road ends and the system breaks from our physical irresponsibility.
I think you need to read your comment again. Discretionary payments don’t have to be paid. Non-Discretionary payments have to be paid. When you've been speeding, and a policeman decides to give you a warning instead of a speeding ticket, he is using his discretion not to give you a fine.
@@BigHenFor
It all has to be paid. The amount to allocate each year in the budget under discrationary can vary. The mandatory is fixed,.. except for whatever annual increases may be built in.
OP has discretionary and non discretionary backwards, but i get his point, there’s stuff we committed to and write into law already, but that’s not gonna be enough, they need more to fund the war in ukraine
If we split the bills instead of omnibus all OR nothing, it would help. 12 separate appropriation bills.
I find it fascinating how crypto prices can fluctuate so drastically in such a short amount of time. It's a testament to the volatility of the market and the unpredictability of investor sentiment. However, I believe that these fluctuations are simply part of the journey towards mainstream adoption and eventual stabilization. Despite the risks, I remain bullish on the potential of cryptocurrencies to disrupt traditional finance and usher in a new era of decentralized transactions. Recent volatility makes it impossible to predict bullish or bearish trends, and trading success depends on the pattern and signal source. Helen James tactics have helped me increase my portfolio by six figures in just a few weeks, and her daily trades provide valuable information beyond just advice.
NO ONE WANTS GOVERNMENT DEBT..
It's all a fraudulent game 😂
Joseph Wang as a Fed apologist 365days a year/24-hours a day & has been wrong on multiple predictions, listening to him is mostly a waste of time.
Omg I couldn't listen to her. I prefer to eat a bunch of raw snails. Brutal.
She might have some in her larder.
Hahaha why do you English speakers hate French accents?
@@freedomordeath89
Why do youmorons think English speakers hate anyone who can't speak english clearly?
It's a matter of being able to understand what she's saying,
@@jcgoogle1808 English speakers should be aware that they were born with the unmerited grace of linguistic dominance. Belittling a brilliant elder having a nuanced conversation like this in a second language just shows that one is a country bumpkin who hasn't done any serious work outside one's own small fishpond.
@@evakavka2974
That was a narrow minded thin skinned snowflake comment. Do you find your safe space ok, Karen?
There was nothing belittling about the original comment.
It was a statement of fact,.. as much as if you couldn't undertsand her because of a technical problem,..
1. If this was being done in France in French, the comment would be exactly reversed. "Need a translator for the American,.."
2. English is the second language to the world. Most of the business around the world is done in English. Certainly the US dollar.
There are country bumpkins in china who speak clearer Engrish,.. I mean English,... than her.
This whole thing sounds like---A Ponzi Scheme?
Full faith and unfunded credit of Charles Ponzi Yellen.