How The US Will "INFLATE" Away Its Debt - And You Can Too
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- Опубліковано 1 жов 2024
- The US has a massive national debt problem which could be catastrophic. But there are some strategies they can use to reduce the national debt, and you can use them to get out of debt as well.
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The presenter has taken great care in preparing
this video, however makes no representations or warranties with
respect to the accuracy or completeness of its content. The contents
of this video should not be considered a substitute for
professional financial advice. Please consult a financial professional
before implementing any of the strategies described in
this video. The presenter shall not be held liable
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There's a shockingly simple solution to the US Debt Crisis, watch this video to see what it is ua-cam.com/video/1qpRlSqf8LI/v-deo.html
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Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
Getting Arleth Coronado to help me really helped me clear all my debts. I started with what I have left and it's been the best decision I ever made.
PLEASE HOW CAN I GET ACROSS TO THIS WOMAN FOR HELP?????????
How do I reach her???
she's mostly on Telegrams, with the below user name.
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!
Mind if I ask you to recommend this particular advisor you using their service?
Vivian Jean Wilhelm is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Fantasyland. You can’t inflate away debt. Bond investors will flee and yields will rise astronomically when you try to do that. The world has already reached that point: That’s why bond yields are rising across the globe. Is he suggesting the entire world is going to inflate its debt away? Only in comic books.
I’d rather my kids be feed and clothed than pay for property that has tripled in value because of fraud
👍
Inflating away the debt has already begun. 19 trillion dollars added to the global money supply in response to COVID with no actual reason other than to create enormous amounts of demand to kick-start an inflationary spiral, and allow interest rates to rise. That's the first step.
Me smells a touch of naivety and hopium here.
You're smelling your own big dump that you took
ITS OVER NOT POSSIBLE WITHOUT HYPERINFLATION
Stock market goes up as does everything priced in USD. Stocks, gold, oil, etc all is at ATH or near that level, because USD real value is at all time low. "everything looks OK" is a total lie. Look at personal loan default, homelessness, labour force participation and unemployment, etc. We will see the end of the USD as reserve currency in our lifetime.
Don’t subsidize don’t stimulate and don’t resuscitate. Let the market work
Reason US can do MMT is it's the world reserve currency. de-dollarization is happening. here in US if you say that then you are a Rando or conspiracy theorist
There's no such thing as a free lunch.
What's happening in the USA is EXACTLY what happened in Rome!
Exactly?
lol
didnt rome collapsed within?
Germanic tribes invaded Rome and conquered it. The empire had weakened through corruption and divisiveness and not so much from debt.
@@YorumiTech The US has about 20 years to collapse. The collapse will be gradual. The population collapse is amongst us.
The great depression 2.0 has arrived. 2024 is the new 1929 a d Silver is going to explode.
What makes you think it has arrived?
@@NolanMatthias The agonizing cost of living my friend. The stock market just needs to register the poverty and debt already in existence.
@@NolanMatthias 50% of people are on psychiatric drugs for depression
Gdp doesn't take in to the effect government spending has. Government is total consumption. No growth at all. Don't fall for the debt doesn't mater bs. Debt always matters
However, no other +120% debt/GDP countries were reserve currency countries.
More correctly this would be said:
“Transferring the debt to the people through inflation.”
Well said
We are in a debt spiral that ends badly for our nation and most likely the entire world. Stock up on commodities. Food, land and precious metals. Payoff as much of your debt as possible. I don’t believe a word this man says.
When Congress passes spending bills which literally spend new dollars into the economy every time - and always have - who do you think we "owe" that money to? That's not where the real value is, it's in real resources which are finite, not USD which are infinite. But just because we have an unlimited ability to spend doesn't mean there aren't other factors to consider. If you want to avoid inflation you ONLY spend into an economy that which can be absorbed by its markets. In other words, too many dollars chasing too few goods and services is the definition of inflation. If you want to know if we can afford to build a dam, figure out how much manpower, steel, concrete, engineers, bulldozers and backhoes you'll need. If you have access to enough, then you can afford to build the dam. The money is not the object, and you never have to "go looking for it". You only have to muster the political will to vote for the funding.
FED deficit spending is called a "debt", but it's simply an accounting term denoting dollars going from the public sector to the foreign and US private sectors. We don't "owe" that money to ourselves, and we never use tax dollars to fund anything at the FED level. The US national debt is a record of dollars spent into existence that weren't taxed back. That number represents private sector savings - do you really want to give those back in order to "reduce the deficit"?
I have been exiting FIAT into physical Gold and Silver since the clowns decided to freeze Russian sovereign funds
You have a great youtube presentation and you speak well. But your making commentary on US finance and your from...Canada. That is very strange to me. I mean you sound like somone that is trying to influence listeners to believe in things that might happen and you are trying to predict the US treasurey or govt response without knowing the culture. We are blood thirsty SOBs. Down to the janitor. You are miscalculating US citizens reactions. Not only do we not like our government, we dont trust it and we know its run by corporations. If we end up in tents rubbing 2 sticks together for heat we will be happy as long as we have had our pound of flesh.
$ 800,000 to the taliban through th u.n biweekly sense pull-out. To the tune of $11B. Yea no waistful spending here
Soft landing that ship sunk along time ago
Don’t be too cool to ask for likes man. This video should have way more likes !
Debt catastrophe coming. It is not different this time.
2nd point... "And you can too".
NO. ...Unless you want to have your wages garnisheed. The reason why the FED government can deficit spend is because it is the source of all dollars, or else they are counterfeit. When you can produce your own currency you can repay any debt denominated in it, in full, at any time. When you can't then you're like a household, city, county, or state.
...But that's not what "debt" means in this case anyway. That's just money going from the public sector to the private & foreign sectors. It represents our savings in the private sector.
Sounds like you’ve been served a full dose of the Stephanie Kelton kool aid
If min wage and SS were tied to the real inflation rate, it would be a good thing. Investors have taken advantage of the middle class and below as well as defrauded the world through markets artificially inflated by the reserve status of the dollar. These people need their lifestyles curbed by inflation to correct the artificially created wealth disparity.
Debt to finance Ukraine 😂😂😂
Really? Make more money…wow I never would have thought of that.
But have you tried it 💪
I learn a lot from Nolan, but I may have missed something: the cost of defense spending for US citizens? What percentage of the US DEBT is defense spending, compared with social spending?
WARS BUDDY THERE ALL WARS
Debt celing is BS!! Just an annual annoyance!!!
Was completely on board with ya until you went down the shovel ready jobs rabbit hole!
Everyone knows that neither infrastructure packages actually went to very much infrastructure .went mostly to paying political adversaries Pet projects like green energy nonsense and also social programs
I got 1 month left from cold turkey aproach took me 3 years 😅
Joao Gomes from Wharton Business School is forecasting a US debt crisis in 2025 or for sure within the next 10 years. Ive seen his analysis, I believe this is an innevitability unless cuts in spending or increase in taxes takes place, or both. Rates asked by bond holders will require a significant premium and become prohibitive.
I’ve seen his stuff. It’s interesting- depending on the interview he paints several different pictures.
UNFUNDED liabilities is another scary set of numbers and no one seems to b e able to agree on what the actual number is
The pandemic, and then stimulus, and then 8% (CORE or whatever they call it) inflation. If their target was 2%, I still do not really get why it went up to 8% for a while there? I mean, I'm not studying this too closely either. They certainly seemed to tend towards high inflation there for a while for whatever reason. I'm not going to look into it right now though
The simple answer is twofold. The first was the cash needed to be injected to protect against complete economic collapse, which was inflationary by nature, but then the compounding effect was the supply chain issues. The cash injection alone shouldn’t have created the inflation the way it did, the same mechanism was used in 2008 without a problem, it was the delays in getting goods to market that really hurt.
When you can create any amount of money you need out of thin air amounts don’t matter as long as the world has confidence in the fiat currency. The world has no choice because their economies are all tied to the dollar. It’s all just funny money. If 33 trillion doesn’t matter, why should 100 trillion? It doesn’t. I remember when the economists were saying the collapse would occur at 1 trillion and the dollar would crash and cease to be the reserve currency then. The U.S. government isn’t like other countries who don’t have the ability to just create money out of thin air forever. You can’t compare their problems to the U.S.
I definitely agree. The US is like the worlds central bank
They don’t create money out of thin air. They create collateral that is exchanged for cash but it still has an interest rate attached. Compensation must be paid for the ability to take money from haves to the have nots. The massive government spending takes money and more importantly RESOURCES from the private sector but compensates it at least with a small interest component.
If they went full MMT the private sector would disappear and you would have totalitarian government system.
I've redesigned this video thumbnail. Where can I send it to you, Nolan?
Nolan@mortgage360.ca
Great show! Bravo 👏!!👍
It's still a slippery slope. I remember when Bernanke said that the states would never monetize the debt and that doing so was a banana Republic move.
Definitely a slippery slope!
External debt is 83 pct ?
It will reach 200% of GDP a lot quicker than that!
I hope not 😬
Thank goodness I paid attention in economics class, this guy and his fantasies.
I suspect he works for three letter gaslighting agency.
Interesting. What did I say that you felt was inaccurate?
@@NolanMatthias you seem to think that the dollar is a currency that's immune from outside pressures, currently we have the unfortunate dumping of the dollar, by china, even Japan is defending the yen against the dollar, American exports will become too expensive, with a strong dollar, (energy) the largest holders of dollar reserves are jap, Ireland, and UK. And three are facing economic difficulties. The brics Are moving away from dollar assets, you can't just print your way out of debt, especially when our economy is not competitive against china.
Sanctions and protectionism won't work, the most logical solution is a drastic reduction in military spending, a short term increase in infrastructure spending and a refocus competitive industrial output.
Everything else is fantasy economics, that's why you have overvalued stocks, because the real economy is not performing.
People will dump tge dollar.
Nolan's optimism assumes all things remaining equal going forward. Several nations are presently seeking to move away from the US dollar in cross border trade. This points to a long term weakening of the dollar, especially as we're now seeing an increasing shift towards gold instead of US bonds as reserves. Low interest yield bonds aren't as attractive globally as they were a decade ago.
And you don't like shinny
I love hockey! 🏒
Us of A is safeguard of all debt. You cannot go bankrupt. Somehow everything will be nice and glory days.
What China is doing is debt financing in absurdum on steroids. However most money is directed to silly infrastructure with major maintenance needs. Oh well.
You are likely right.
Like a Lannister, the U.S. always pays its debts! Thanks Nolan 👍
Interesting. I’d never heard of a Lannister until today. Thank you sir.
@@NolanMatthias It's a Game of Thrones reference like « Winter is coming ».
Bla bla blaaa bla bla
😉
lmao... what if the next time you take out a loan:
the lender puts in a clause: the debt is deemed to increase at the rate of inflation (so it is not fixed, but also grows with inflation?!?!?) LOL
Is that something you’ve seen?
@@NolanMatthias
not yet, I wonder why not sometimes... guess they'd all have to do it at the same time to make this one fly...
Very light responses. A response to every comment. A bot? Maybe....hummm
That's basically what a variable rate loan or mortgage is.
@@stayfulfilled
kinda the opposite in a way
asset prices only soar when rates are low
this could the worst of both worlds
when rates are high - the variable rate is high
when rates are low - the principal of the loan increases with the value of the asset
either way you are fucked LOL
Oh look another MMT enthusiast tip toeing around
External debt is 83 pct ?
I hope ypu are right.
Delusional
The problem with wage/inflation spiral is we are forever stuck on the rat race. I personally save cash and I value the freedom it gives me. The freedom to choose what I buy, but most importantly, when I decide to work. Only cash can do this.
Under inflation spiral, my cash gets devalued so fast I have no freedom anymore. This is unacceptable and I’m so glad China also realised the futility of this type of system and have stopped the Ponzi growth.
How did china stop ponzi growth?
What does China have to do with this? Saving cash long term is a dumbass move
@@jackieboy1593 using the word ‘dumbass’ makes me question your intelligence level. I won’t bother explaining to you what China has done because if prolly easier to explain it to a brick wall
@@jackieboy1593 ps, So Warren Buffet is a dumbass? 🤔
nicest beard in the game.
☺️