Inflation can have a significant impact on individuals and their cost of living. As a result, it can cause negative market sentiment. It is important for individuals and businesses to find ways to navigate and potentially mitigate the effects of inflation on their finances. The current economic climate, including underperformance of financial markets due to fear of inflation, has led to a decrease in the value of my portfolio. I would appreciate any recommendations on how to potentially increase returns during this market downturn.
@@maiadazz Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.
@Craig Daniels Having a counselor is essential for portfolio diversification. My advisor is Melissa Scott Glazner who is easily searchable and has extensive knowledge of the financial markets.
you agree there is an underperformance financial market and also companies and you still want to take the risk to invest despite this current economy. I will say avoid investment and wait for a better economic climate.
US is digging its own grave and now it is spilling over and affecting many countries, particularly those countries who are holding US treasuries and assets. Hence, we are seeing continuous selling of US treasuries and (in particular, property) assets. These selling will not stop but will likely accelerate as the defaults become more likely and real.
When even tried to get rid of clients from buying US goods like chips. They lost one of their biggest international clients (China) these few years. Chip sales and other goods will go down. Not much international money is coming into the country.
@@brianlowe3529 What interest? USA pays it's debt interest with more debt - printed coloured paper and electronic zero's! Anybody can afford to pay interest if they are issued more debt to fund payments ad infinitum! The biggest ponzi scheme in existence - aka USD!
@@brandonjablasone7544 That worked because that was the begining of the QE. Now USD is losing its credibility, and the debt is also too high to restart QE.
Sure, go ahead and go use your ccp coins or Euro or some banana country currency. The reason why the world uses dollars is that America pays its bills.
The US has to cut back on actual services provided for the tax paying citizen; and instead, will be funneling money into the military and connected corporations and ultimately choose to spend on Ukrainian citizens and the rebuilding of Ukraine and connected corporations. Oh that's right, the US provoked this war in timely fashion after exiting Afghanistan in an appalling fashion. And they also wanted Europe as a market for their fossil fuels. The Europeans will be paying a hefty price to the US for it's wonderful diplomacy. Good luck and Good night US!!
The most important piece to the strength of the US economy and its fiat currency is the petrodollar which surprisingly wasn't even mentioned once by these "economists"
When countries are at peace with each other..there is NO nees to purchase expensive military weapons...which is the main pillar of U.s. exports. Thus the u.s needs to keep stirring up wars and carnage..in dog..they trust!
@@enoch55 a country with gold gets high credit rating and gold has nothing to do with printing one country's money. The amount of money that is being printed depends on the size of one country's economy and how significant is their economy to other countries
@@HK-ce2lj and why do they get a high credit rating? because gold has value and it's stable , currency thats backed by gold won't inflate, versus other countries who's currency isn't backed by anything and is not regulated by the federal gov't instead owned by private companies who can just print money at will,
china, russia, iran, basically sanctioned countries and some others are paying between themselves in their own currencies. rest of the world uses usd because the usa is a wealthy and stable country. luck runs out but so far it's working. also, commodities need reliable currencies to be priced in. for the longest time that was the usd. maybe the euro next but internally the eurozone is too messy 😁
@@kirilmihaylov1934 The country continues to run with reliable corporations, mostly healthy citizens and safety from international conflict. I totally agree with ur point but Japan is more indebted than the US is and everyone thinks they're fine 😋
At this point, everyone knows the only thing that will change, is the cap on the debt. Why solve the issue when you can keep passing it on till it's not your problem anymore.
The Dollar is the World’s reserve currency. They say that it’s our currency but is the world’s problem and that is unacceptable for international trade in the commodities markets
Laura Blessing is speaking volumes to the rest of the world about the Dollar system with that army helmet on her bookshelf. It's a not too subtle reminder of what will happen if you get out of line.
If it continues to increase the deficit, it will have to default just like any bankrupt country. The problem is whether there are people or other countries willing to continue to buy the US bonds.
When it comes to countries like Greece, Italy, Spain, even more for developing countries like Sri Lanka, Pakistan etc, stringent fiscal control was imposed as the pre-condition to get more loans etc, which is understandable. But why the same can't be applied to the US?
because US can just print dollars and pay off those debts immediately. Of course the downside of that is an instant 125% inflation, which essentially means that any US dollars and debts holders is taxed an effective 60ish% instantly. Greece and Spain can't do it because they can't print Euros, Sri Lanka and other countries can't do it because most of their debts are denominated in a foreign currency.
The question should be, Who actually lending all these debts or finance debts. Who is the driving force behind? Who controls the global Banking System? who controls the global economy?
Assuming the debt ceiling is raise, does other countries still have the confidence in the USA and US dollars? Other countries have learnt a hard lesson on what USA will sanction them and freeze their assets, a case in mind is Russia
inflation is a hard limit when people stop accepting the dollars. that's why the reserve currency status is important. soon as people settle in other currencies and no longer need to pay inter alia in usd then u have a problem.
@@Ashystar067 That's why US is using their hegemony to make sure countries don't switch to another currency as reserve in order for US to continue benefitting from the inequality they created. Immediately other countries switch, USD will collapse because its just backed by debt and faith. That's why US eliminates leaders that try.
I see the parallel between this US debt drama and a casino. The "high valued client" in this casino is the US, while the casino is jointly owned by China, Japan. Saudi Arabia, and other nations which loaned money and racked up trade surpluses with the US. The US can sit at a poker machine and keep spinning the wheel, and US's creditors keep extending its credit so that the US won't stop playing that poker machine. Now if the US decided that the gambling debt is above and beyond its ability to pay it back, the casino will lose the biggest client, and potentially have to close for good. So it is a game of confidence. The casino operators want to believe that its client can pay the loan back, and the client is allowed to keep pushing feeding money into the machine. But where did the the US get the money from? From a printer. So essentially as long as the casino operators think the US can pay it back with interest, the wheel will keep turning. But what if someone yelled ..."The emperor has no cloth?" Something bigger than the GFC will hit everyone between the eyes.
The credit rating firms needs to downgrade so market can tank. that is only way to teach a lesson. Of course that will cause the rest of the world to figure out a different reserve currency.
The fun part of this is that the US won’t default unless it chooses to. This is because its debt is all in US dollars, which it can produce in whatever numbers it chooses.
Yes, the US can produce any number of dollars but cannot produce any number of goods. The whole house of cards built by America is going to fall inevitably and bury American empire once and for good.
The question that is now being asked by the world is can the USA pay its loan principle down not just its interest payments. With the US dollar as the currency of trade coming under fir and loosing the battle in areas like oil sales a lot of money will be lost to financial institutions. The need to hold US reserves for trading requirements gets reduced and with it reserves in purchase of bonds also reduces. This will make actually borrowing funds a lot harder each year from now.
nobody asks who they're borrowing from? The Federal reserve system (which is private, not federal and it has no reserves, yet its the only entity that can print money out of thin air) is the true owner of the system. Nobody even knows who owns this entity and its not answerable to government. "to find out who rules over you, find out who you cant criticise."
The question is "Who still lends money to the US?" They make it look like countries and institutions are lining up to lend to US, when many countries are themselves in debt crisis. Besides, US records show US never repays such "debts", they instead continued the so-called "borrowings". The world knows that aside the national debts owed to other countries, the rest of so-called US debt are printed dollars. US keep going on dollar printing spree while the rest of the world pays for them through exported inflation. As one of the guests said, it's better to get rid of the debt ceiling or blunt it so it no longer remains a big issue.
I wonder, maybe I should go to a bank that has no money and expect to gain that amount without any collateral as backup? Hec! We should all be trillionaires.
One easy way to solve the problem is to stop the war mongering and wasting almost one trillion dollars a year on the military industrial complex. Plus having to maintain military bases occupying other sovereign countries.
Good news is that Eye Love Ya! Salutations from Hawk Island aka Montreal! Time For Peace. Support the CIT,DRT and DFT ! Love my Dream called the '' Dancing Goddess & Dragon Kingdom'' Encourage all to workout regularly it has been, is and will be my medicine & therapy of choice. Just celebrated the successful completion of 300 sessions ((( as of September 29th 2022 ))) of my own created workout training program which does not require any equipment. Check my videos. And please increase in hygiene in publik. Hardcore New Social, Financial, Geopolitical and Cultural Developments unfolding ! Support the implementation of my Trinity of theories known as the CIT, DRT & DFT with the fourth Dimension LOVE across the '' Collective North American Civilization and beyond !! Join, Support, volunteer and Love and Dragon Army with the Dancing Goddess Army ! Good news is that Eye Love You. These are tough times and hardcore events unfolding as am writing this message. Am not perfect far from it got some issues and vices and my Androgynous Pansexual A$$ likes to rap & dance hobby For World Peace! That stated, am not totally selfless but am for the Greater Good while want to also eat some bacon and drink and afford a good wine on the regular. Please read the following message thrice : Back in October 2019 as an Independent Fitness Captain, Geopolitical Analyst & Theorist, Artist, Activist, World Peace Advocate and Student Scholar of history, wars, civilizations and finance HAD concluded that we ( Humanity ) are again on a path towards an '' International Conflagration'' and so created, made and designed a new workout training program designed with a WW3 Scenario. You Read That Right ! Have Proof Of Work ! You can see hundreds of my workout videos knows as the General War Integrated Total Body Training System officially and street known as the Dragon Army Workout. Since the COVID19 heath & financial crisis resembles my scenario and furthermore the Ukraine-Russia Crisis adds to the gravity have begun advocating for the implementation of my Trinity of Theories known as the CIT, DRT & DFT via the fourth Dimension LOVE in order to create the two complementary, cooperative and covenant institutions known as the '' International Citizen Integrated Social Security & Service Force aka The Dragon Army with the International Integrated Dance League aka The Dancing Goddess Army ! Got Trillions of kisses, billions of hugs, millions of marching steps and some brain and muscle with that! Now on COVID this is my trinity of beliefs about it : 1) Do not know for sure the cause/origins of the virus 2) Believe it was transmitted from snakes to human beings 3) Since cannot Do not know for sure cannot Rule Out another Possibility such as an accident in a lab, an experiment gone wrong, a bioweapon, etc. A Fourth Dimension to that Trinity is What Do Know 100% without a Doubt is that before Covid in October 2019 Created, Designed and Made my Workout Program to go hand in hand with a WW3 scenario witch resembles current Geopolitical events. HAD the Solution ! The Dragon Army ! Pledge Ur Allegianze LegionZ ! Eye Love You! Join, ally, support and volunteer for Adrian Hannah Dragon's Dancing Goddess & Dragon Kingdom ! Eye Love You ! .Tell the Leaders of The Free World Dragon Zero's message : Drop Down and Give Dragon Zero 13 pushups with Love and for the Sake of World Peace.
It is obvious that there exists only 2 possible options: 1) Raise the Debt Ceiling and 2) Print more USD. Either way, US has lost its creditability (credit rating downgraded) and status as world reserve currency (falling confidence and devaluation of USD). USA is doomed and condemned economically and financially with the lost as a dominant force in global stage.
When I started properly monitoring my investments, I started to amass riches. The importance of professional mentoring cannot be understated. Without the right coaching, people are more likely to make errors and lose money. This is why Juliann Hart's tactics are different and incredibly successful, which is why I prefer to invest with her.
No, private markets and private control of wealth is everywhere and always unsustainable. This is the wealthiest country in human history. Government produces more value and benefit for its citizens than any business. So the problem is not with being ‘unable to pay from too much borrowing’. It is calculating value incorrectly, and allowing private interests to appropriate the wealth of society. The problem is not government, it is neo-classical economics.
When will America wake up to the fact that they are broke? It's pathetic that the country keep talking about raising the debt ceiling. Any family that has to revise their budget to cope with their increasing debt would know very quickly that they are in big big trouble. Soon the US will print more money to cover their debt. However, now that the currency is worthless, more countries are choosing to de-dollarize.
What happens if the U.S. stops doing what it does? As the recent past displays, there is a executive and Legislative disconcert. With some significant rollback of former rulings. The judiciary took a hit as well.
The only thing to worry with an increasing expanding money supply is inflation or hyperinflation. Whether it's excessive demand driven or supply chain shortage driven. Consumer Price Index and production Price Index. The US govt is a monopolistic sovereign debt based money creation machine through the central bank and the Treasury. So to imply that a sovereign currency issuing govt can go insolvent and default on its debt is ridiculous. Because the govt can just print more money to cover the interest charges. Creating more inflation. The govt public debt is different from a private household and corporate business debt. The govt debt is the private sectors money supply. When a govt runs a budget deficit. It deficit spends more than it taxes out.
Excuse my ignorance, but who exactly are we in debt with,? Do they pay taxes on their profits? Can we deliver them the mighty American freedom in order to start from scratch? So many questions, not a single answer. 🤷🏻♂️
The US is in debt with almost every country in the world, except the minority who are failed or failing state like the US. And yes, the US is trying very hard to provoke a war with China so that it can start WW3 as an excuse for the Great Reset.
Inflation can have a significant impact on individuals and their cost of living. As a result, it can cause negative market sentiment. It is important for individuals and businesses to find ways to navigate and potentially mitigate the effects of inflation on their finances. The current economic climate, including underperformance of financial markets due to fear of inflation, has led to a decrease in the value of my portfolio. I would appreciate any recommendations on how to potentially increase returns during this market downturn.
transportation, e-commerce among other sectors are expected to experience growth, but who knows, the market has been a basket of surprises.
@@maiadazz Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.
@Craig Daniels Having a counselor is essential for portfolio diversification. My advisor is Melissa Scott Glazner who is easily searchable and has extensive knowledge of the financial markets.
@Craig Daniels Found her, I wrote her an email and scheduled a call, hopefully she responds, I plan to start 2023 on a woodnote financially.
you agree there is an underperformance financial market and also companies and you still want to take the risk to invest despite this current economy. I will say avoid investment and wait for a better economic climate.
The US will never reduce its spending and debt.
Nope
We will if other countries force us to by abandoning the dollar.
There will be a collapse and war will ensue
He just explained a Ponzi scheme?
you didnt know thats how money works these days?
Yep!! And you know what eventually happens to Ponzi Schemes?? They crash...
Yep
Why does the cost of living in our country has to depend on a currency that isn't from our continent? The world needs to be free of the USD.
DE-DOLLARIZed
When the international buyers ditch and sell the debt they hold, finally it's the fed and US public's own problem! 🤔🤔🤔
Liquidity and market cap
Bcs ur politician$ recieve aids(bribes)
I want to see the US Fall into its Demise....it would be Entertaining...😅😅😅
How when unnecessary money is wasted on Ukraine War
Another 10 billion or so
US is digging its own grave and now it is spilling over and affecting many countries, particularly those countries who are holding US treasuries and assets. Hence, we are seeing continuous selling of US treasuries and (in particular, property) assets. These selling will not stop but will likely accelerate as the defaults become more likely and real.
When even tried to get rid of clients from buying US goods like chips. They lost one of their biggest international clients (China) these few years. Chip sales and other goods will go down. Not much international money is coming into the country.
Such a situation will continue to accelerate...US has to find a way to stop this economy onslaught.
M
O
US is not only digging its own grave but makes its own coffin too.
a debt limit where you can constantly raise the ceiling. I want that with my credit card
Can you afford the interest ?
@@brianlowe3529 borrow more, like US.
@@brianlowe3529 What interest? USA pays it's debt interest with more debt - printed coloured paper and electronic zero's! Anybody can afford to pay interest if they are issued more debt to fund payments ad infinitum! The biggest ponzi scheme in existence - aka USD!
@@度融 precisely
@@brianlowe3529 Capitalize the interest and borrow (and/or print) more to pay the higher principal.
The US need to produce, not to discuss how much more debt they can take. The world really need to turn away from USD.
That won't help they need to open up and be friendly to china. Cause china saves us in 2008
@@brandonjablasone7544 That worked because that was the begining of the QE. Now USD is losing its credibility, and the debt is also too high to restart QE.
It is gonna be hurt and americans wont like it
Kill Uncle Sam!
Sure, go ahead and go use your ccp coins or Euro or some banana country currency. The reason why the world uses dollars is that America pays its bills.
What debt default? $31,400,000,000,000.00 in debt. No problem. Just raise the debt ceiling, Congress will approve it.
A lot 0
Yes. It is endless.
Yes it's endless until you realize 5% interest rate on 300% debt to gdp will blow your economy.
How can people save in dollars when the source has no fiscal responsibility 😕 .
Gold & Silver, god's money
People have to abandon us dollar
That's why BRICS is gaining momentum they've had enough of American fiscal disasters
IMHO you drink too much propaganda, both China & the US work very well together, neither will disappear tomorrow
And Bruce will be any better?
You don't need health care, Zelensky need the money.
As long as the printer machine is working there is no problem. Nobody will accuse them of printing fake money.
Cha Ching $ 👍🏼
The question sud be: will the rest of the world continue to be stupid to accept USD???????
The US has to cut back on actual services provided for the tax paying citizen; and instead, will be funneling money into the military and connected corporations and ultimately choose to spend on Ukrainian citizens and the rebuilding of Ukraine and connected corporations. Oh that's right, the US provoked this war in timely fashion after exiting Afghanistan in an appalling fashion. And they also wanted Europe as a market for their fossil fuels. The Europeans will be paying a hefty price to the US for it's wonderful diplomacy. Good luck and Good night US!!
Every game has to stop on the end. Whole west will collapse if we won't stop printing money.
Credit downgrades are inevitable on US treasuries as the risk of default and risk of holding US treasuries into the future rise significantly.
The most important piece to the strength of the US economy and its fiat currency is the petrodollar which surprisingly wasn't even mentioned once by these "economists"
They are paid to keep silents, if not you wont be a commentator on tv
When countries are at peace with each other..there is NO nees to purchase expensive military weapons...which is the main pillar of U.s. exports. Thus the u.s needs to keep stirring up wars and carnage..in dog..they trust!
this is what happens when the gov't doesn't own the federal reserve and the currency is not backed by gold
I agree the gold 🥇 standard has to return.
Money backed by gold is an obsolete system. It's the economy and trust that give value on one's currency
@@HK-ce2lj then how come countries who's dollar is backed by gold are not going through an economic crisis then?
@@enoch55 a country with gold gets high credit rating and gold has nothing to do with printing one country's money. The amount of money that is being printed depends on the size of one country's economy and how significant is their economy to other countries
@@HK-ce2lj and why do they get a high credit rating? because gold has value and it's stable , currency thats backed by gold won't inflate, versus other countries who's currency isn't backed by anything and is not regulated by the federal gov't instead owned by private companies who can just print money at will,
Someone about to get “liberated”
dont get why people use this useless paper
china, russia, iran, basically sanctioned countries and some others are paying between themselves in their own currencies. rest of the world uses usd because the usa is a wealthy and stable country. luck runs out but so far it's working. also, commodities need reliable currencies to be priced in. for the longest time that was the usd. maybe the euro next but internally the eurozone is too messy 😁
Because it can buy people things.
@@Ashystar067 wealthy with 31 trln in debt ...yeah some citizens are wealthy but not US government
@@kirilmihaylov1934 The country continues to run with reliable corporations, mostly healthy citizens and safety from international conflict. I totally agree with ur point but Japan is more indebted than the US is and everyone thinks they're fine 😋
It is hard to default on a debt when you can force debtors at gun point to accept your freely printed toilet papers as settlement.
The U.S will make you a deal your can't refuse.
🤣🤣🤣🤣🤣🤣🤣🤑🤑🤑
Can't resist a democratic with plenty bullets himars stingers.abrams.and f35s
You mean force creditors...
At this point, everyone knows the only thing that will change, is the cap on the debt. Why solve the issue when you can keep passing it on till it's not your problem anymore.
When you are the top gangster, who will enforce the debt on you?
When the international buyers ditch and sell the debt they hold, finally it's the fed and US public's own problem! 🤔🤔🤔
@@fufu3539 even so, new debt is impossible, top gangster will not be on the top any more.
@@度融 at some point, yes
@@fufu3539 I think top gangster can't rob everyone in the street, some vassals sure, but ussr had gone with the wind.
No, they will print more money.
very good journalism. keep up the good work. 👍
Why should the US problems be of any concern to global economy?
Exactly. Because countries are stupid to continue using USD as their reserve currency which has only benefitted the US.
Globalization of trading, dominos
technology
The Dollar is the World’s reserve currency. They say that it’s our currency but is the world’s problem and that is unacceptable for international trade in the commodities markets
Laura Blessing is speaking volumes to the rest of the world about the Dollar system with that army helmet on her bookshelf. It's a not too subtle reminder of what will happen if you get out of line.
If it continues to increase the deficit, it will have to default just like any bankrupt country. The problem is whether there are people or other countries willing to continue to buy the US bonds.
That is the problem.
I think the biggest fear is if the USA continues to print money it’s credit rating will drop further below AA+ where it fell from AAA in 2008
@@kentriat2426 it fell because of politics
I want to see the US Fall into its Demise....it would be Entertaining...😅😅😅
and, ironically, bonds are debt too.
When it comes to countries like Greece, Italy, Spain, even more for developing countries like Sri Lanka, Pakistan etc, stringent fiscal control was imposed as the pre-condition to get more loans etc, which is understandable. But why the same can't be applied to the US?
Why not compare with China.
Those countries dont have 182 military bases around the world.
because US can just print dollars and pay off those debts immediately. Of course the downside of that is an instant 125% inflation, which essentially means that any US dollars and debts holders is taxed an effective 60ish% instantly. Greece and Spain can't do it because they can't print Euros, Sri Lanka and other countries can't do it because most of their debts are denominated in a foreign currency.
Of course they will, they spend money like they did not work for it
The question should be, Who actually lending all these debts or finance debts.
Who is the driving force behind? Who controls the global Banking System?
who controls the global economy?
Good questions.
Assuming the debt ceiling is raise, does other countries still have the confidence in the USA and US dollars? Other countries have learnt a hard lesson on what USA will sanction them and freeze their assets, a case in mind is Russia
Debt ceiling is just a joke.
We have printers, we can print greenbacks as many as we want at least for another 50 years if not longer.
Not anymore, china is using gold to crush the dolla
inflation is a hard limit when people stop accepting the dollars. that's why the reserve currency status is important. soon as people settle in other currencies and no longer need to pay inter alia in usd then u have a problem.
Don't worry. Then we have guns.
@@Ashystar067 That's why US is using their hegemony to make sure countries don't switch to another currency as reserve in order for US to continue benefitting from the inequality they created. Immediately other countries switch, USD will collapse because its just backed by debt and faith. That's why US eliminates leaders that try.
@@waynegore5291 ur going to resort to bullying because people don't want to use ur currency? way to confirm a stereotype 👍
How much did the US waste in wars?
I have stop buying anything (investment products, bonds, shares, properties etc.,) that are related to US to prevent losses.
I see the parallel between this US debt drama and a casino. The "high valued client" in this casino is the US, while the casino is jointly owned by China, Japan. Saudi Arabia, and other nations which loaned money and racked up trade surpluses with the US.
The US can sit at a poker machine and keep spinning the wheel, and US's creditors keep extending its credit so that the US won't stop playing that poker machine. Now if the US decided that the gambling debt is above and beyond its ability to pay it back, the casino will lose the biggest client, and potentially have to close for good.
So it is a game of confidence. The casino operators want to believe that its client can pay the loan back, and the client is allowed to keep pushing feeding money into the machine. But where did the the US get the money from? From a printer. So essentially as long as the casino operators think the US can pay it back with interest, the wheel will keep turning.
But what if someone yelled ..."The emperor has no cloth?" Something bigger than the GFC will hit everyone between the eyes.
Well explained, you are right.
The difference is Casino usually able to make the gambler to pay eventually. Here, it's the gambler who is the mafia and is able to default payment.
Excelent explanation.
@@martinanderko9893 Thank you. Much appreciated.
You forgot to touch on the growing number of poverty and homeless people. They are now the starting casualties.
How can they default when they can just print?
The credit rating firms needs to downgrade so market can tank. that is only way to teach a lesson. Of course that will cause the rest of the world to figure out a different reserve currency.
Comparing to Japan, Italy and Greece is a joke - these economies haven’t been doing well!
The fun part of this is that the US won’t default unless it chooses to. This is because its debt is all in US dollars, which it can produce in whatever numbers it chooses.
and the money system is based solely on trust, and not on accountability whatsoever
Yes, the US can produce any number of dollars but cannot produce any number of goods. The whole house of cards built by America is going to fall inevitably and bury American empire once and for good.
@@IDarkCalibur Trust me on that.
The question that is now being asked by the world is can the USA pay its loan principle down not just its interest payments.
With the US dollar as the currency of trade coming under fir and loosing the battle in areas like oil sales a lot of money will be lost to financial institutions. The need to hold US reserves for trading requirements gets reduced and with it reserves in purchase of bonds also reduces. This will make actually borrowing funds a lot harder each year from now.
It's for sure, and the only question is when, this time or next time? 🤫🤫🤫
nobody asks who they're borrowing from?
The Federal reserve system (which is private, not federal and it has no reserves, yet its the only entity that can print money out of thin air) is the true owner of the system. Nobody even knows who owns this entity and its not answerable to government.
"to find out who rules over you, find out who you cant criticise."
The bubble keeps growing year after year at one point it will pop
To print or not to print .
Print they will
The question is "Who still lends money to the US?" They make it look like countries and institutions are lining up to lend to US, when many countries are themselves in debt crisis. Besides, US records show US never repays such "debts", they instead continued the so-called "borrowings".
The world knows that aside the national debts owed to other countries, the rest of so-called US debt are printed dollars. US keep going on dollar printing spree while the rest of the world pays for them through exported inflation.
As one of the guests said, it's better to get rid of the debt ceiling or blunt it so it no longer remains a big issue.
How much money is each American owing as a US citizen? What will happen if the world decides not to keep holding USA debts?
Why do they limit if they going to increase it anyway, what's the actual point of the debt ceiling?
Appearances of being "responsible" lenders, borrowers or WTF they are.
Self-deceiving and deceiving more fools to buy! 🤫🤫🤫
It's going to increase. Every time this happens the ceilings increases. This is just a regular phenomenon
try to cheat other countries to buy more
Stop funding wars.
some people are thinking US can print more dollars as they need, but it's not what you're thinking😂😂
I wonder, maybe I should go to a bank that has no money and expect to gain that amount without any collateral as backup? Hec! We should all be trillionaires.
The elephant in the room: Russia and the BRICS.
China too
Add 10 more printers and the problem rolls 10 years down the road.
Laura Kyle ❤️❤️❤️ Yes.
One easy way to solve the problem is to stop the war mongering and wasting almost one trillion dollars a year on the military
industrial complex. Plus having to maintain military bases occupying other sovereign countries.
Never gonna happen but you are right
good crash the stock market!
Good news is that Eye Love Ya!
Salutations from Hawk Island aka Montreal! Time For Peace. Support the CIT,DRT and DFT ! Love my Dream called the '' Dancing Goddess & Dragon Kingdom'' Encourage all to workout regularly it has been, is and will be my medicine & therapy of choice. Just celebrated the successful completion of 300 sessions ((( as of September 29th 2022 ))) of my own created workout training program which does not require any equipment. Check my videos. And please increase in hygiene in publik. Hardcore New Social, Financial, Geopolitical and Cultural Developments unfolding ! Support the implementation of my Trinity of theories known as the CIT, DRT & DFT with the fourth Dimension LOVE across the '' Collective North American Civilization and beyond !!
Join, Support, volunteer and Love and Dragon Army with the Dancing Goddess Army ! Good news is that Eye Love You. These are tough times and hardcore events unfolding as am writing this message. Am not perfect far from it got some issues and vices and my Androgynous Pansexual A$$ likes to rap & dance hobby For World Peace!
That stated, am not totally selfless but am for the Greater Good while want to also eat some bacon and drink and afford a good wine on the regular. Please read the following message thrice : Back in October 2019 as an Independent Fitness Captain, Geopolitical Analyst & Theorist, Artist, Activist, World Peace Advocate and Student Scholar of history, wars, civilizations and finance HAD concluded that we ( Humanity ) are again on a path towards an '' International Conflagration'' and so created, made and designed a new workout training program designed with a WW3 Scenario. You Read That Right ! Have Proof Of Work ! You can see hundreds of my workout videos knows as the General War Integrated Total Body Training System officially and street known as the Dragon Army Workout.
Since the COVID19 heath & financial crisis resembles my scenario and furthermore the Ukraine-Russia Crisis adds to the gravity have begun advocating for the implementation of my Trinity of Theories known as the CIT, DRT & DFT via the fourth Dimension LOVE in order to create the two complementary, cooperative and covenant institutions known as the '' International Citizen Integrated Social Security & Service Force aka The Dragon Army with the International Integrated Dance League aka The Dancing Goddess Army ! Got Trillions of kisses, billions of hugs, millions of marching steps and some brain and muscle with that! Now on COVID this is my trinity of beliefs about it : 1) Do not know for sure the cause/origins of the virus 2) Believe it was transmitted from snakes to human beings 3) Since cannot Do not know for sure cannot Rule Out another Possibility such as an accident in a lab, an experiment gone wrong, a bioweapon, etc. A Fourth Dimension to that Trinity is What Do Know 100% without a Doubt is that before Covid in October 2019 Created, Designed and Made my Workout Program to go hand in hand with a WW3 scenario witch resembles current Geopolitical events. HAD the Solution ! The Dragon Army ! Pledge Ur Allegianze LegionZ ! Eye Love You! Join, ally, support and volunteer for Adrian Hannah Dragon's Dancing Goddess & Dragon Kingdom ! Eye Love You ! .Tell the Leaders of The Free World Dragon Zero's message : Drop Down and Give Dragon Zero 13 pushups with Love and for the Sake of World Peace.
You been asking the same story over and over.
My dollar is not your problem anymore. The pyramid scheme is over.
Cut US aid to all countries around the world\ and cut defense I agree.
It is obvious that there exists only 2 possible options:
1) Raise the Debt Ceiling and
2) Print more USD. Either way, US has lost its creditability (credit rating downgraded) and status as world reserve currency (falling confidence and devaluation of USD). USA is doomed and condemned economically and financially with the lost as a dominant force in global stage.
Hope this becomes true. Gold should be nade the reserve currency again.
Not to worry, US is building more printing machines.
They look like pathetic idiots
Printing money won't help ,since there is de dollarisation and the way China is selling its US debt ,it will influence others to do the same.
How about a 3rd? Get rid of Capitalism. Problem solved.
BABYLON is falling...
Default will be an interesting situation. I am sure it will cause a lot of chaos and there will be a lot of economic opportunities.
Economic collapse more like it. But go ahead and keep telling your top 1% to avoid paying taxes… go on!
Looks like bye bye dollar…
Us depth to ( GNP ) is still less than Italy or Greece that's comforting to know.
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Debt ceiling , raise or no rise , system is too outdated for today s world , redressing is needed or catastrophe is inevitable
How about America cut spending for Ukraine's unwinnable war against Russia.
Of course you can pay...you don't need to print anymore...you just add zeros to the back of your debt.
"Debt to GDP ratio is 128% and that's lower than Greece or Italy" 😂
Phew! That's a relief
Has a large economy
Or the debt of Japan.
Still too freaking high.
As an American, I'm cheering on a default. The debt is the best tool for tearing down the insane spending on useless programs.
No, private markets and private control of wealth is everywhere and always unsustainable. This is the wealthiest country in human history. Government produces more value and benefit for its citizens than any business. So the problem is not with being ‘unable to pay from too much borrowing’. It is calculating value incorrectly, and allowing private interests to appropriate the wealth of society. The problem is not government, it is neo-classical economics.
Thanks for this very interesting information. I love watching your channel
Jerome Foul and Janet Felon are comedians on a world stage...
well done best interview ever
Thanks a lot
When will America wake up to the fact that they are broke? It's pathetic that the country keep talking about raising the debt ceiling. Any family that has to revise their budget to cope with their increasing debt would know very quickly that they are in big big trouble. Soon the US will print more money to cover their debt. However, now that the currency is worthless, more countries are choosing to de-dollarize.
What happens if the U.S. stops doing what it does? As the recent past displays, there is a executive and Legislative disconcert. With some significant rollback of former rulings. The judiciary took a hit as well.
Billions for Israel an Ukraine too
The only thing to worry with an increasing expanding money supply is inflation or hyperinflation. Whether it's excessive demand driven or supply chain shortage driven. Consumer Price Index and production Price Index. The US govt is a monopolistic sovereign debt based money creation machine through the central bank and the Treasury. So to imply that a sovereign currency issuing govt can go insolvent and default on its debt is ridiculous. Because the govt can just print more money to cover the interest charges. Creating more inflation. The govt public debt is different from a private household and corporate business debt. The govt debt is the private sectors money supply. When a govt runs a budget deficit. It deficit spends more than it taxes out.
Just printing without working doesnt work anymore:) lol
Stop giving other countries
Money
What USD is tied with to have value?
I'm sure the US won't default on its debts. What did you say? Why am I queuing in the bank? I'm taking out my money because I have something to buy.
Don't worry folks, I still got my corvette
A out of date tank
🤣🤣🤣🍻
What about cutting that omnibus bill
What is the interest on 31.4 trillion???🤔
900billion, more than us military budget, that's the GDP of 19th country in 2021.
@@度融 they are connected
Yes keep sending billions to Zelensky, send more weapons to him so US military complex can make more .
come on - this has been policy since August 15th 1971. What else are FIAT currencies for? Stop wasting our time with this drivel commentary.
That’s what will keep happening as long as countries will be fearing to face USA.
US have other asset to sell. Alaska or Hawaii!
Yeah but the petrol dollar system is dead and so is world reserve currency. No more imports.
just print more dollars... US is the worlds currency. so no problem
And thats the biggest fraud in the world.Undue luxury by the americans at the cost of the rest of the world.
When you abuse the privilege of having the world's reserve currency, this is what happens.
@@Andre_XX US dollar will devalue
Excuse my ignorance, but who exactly are we in debt with,? Do they pay taxes on their profits? Can we deliver them the mighty American freedom in order to start from scratch? So many questions, not a single answer. 🤷🏻♂️
The US is in debt with almost every country in the world, except the minority who are failed or failing state like the US. And yes, the US is trying very hard to provoke a war with China so that it can start WW3 as an excuse for the Great Reset.
Most of the US government’s debt is held by US citizens. Ever heard of a treasury bond?
@@ianshaver8954 actually not . US FED also holds a lot of US debt so are China and Japan
Frankly, it is a de facto default since the debt crosses the 27.5 Trillions mark. It is now already past 31.8 Trillions.
Just increase the interest rate even higher like you are supposed to do Fed Reserve. Not increasing interest rate for political reasons is not right
U.S. has defaulted 3 times in the past. Why does no media service ever report on that?
When did it happen?
There is a solution on how to cut back on debts but US govt and Senate ,Congress are too stubborn to accept facts and solution.
Us dollar needs to depreciate by 70%...
Just keep going folks. Debt is disaster for nations and everyone.
Talk about cutting social security and Medicare cause fear to the American!
It will never happen. It will always be raised.
China should seriously considered scaling down acceptance of USD for export trade, after all that currency is going to become toilet paper soon