11:30 Great point. Goes along with what I've derived,.. government deficit spending is the equivalent of printing on the demand side. Freidman said inflation was the Change in Money Supply MINUS the change in real GDP growth,.. NOT just money supply alone, as Hanke and others incorrectly insist. And Friedman would be more mathematically correct. Again,.. QTM says,.. MV=PY and therefore dM% + dV% = dP% + dY%) which means dP% (inflation) = dM% + dV% - dY% Where dM% = change in M2 in this case. dV% = change in velocity (velocity being the ratio of Nominal GDP/M2 approx 1.33),. the change usually assumed to be zero. So,.. dP% (inflation) = dM% - dY% With the above dM% becomes dM2 + dDeficitSpending% - dQE% + dQT% But when banks aren't lending as a result of Fed monetary policy (or the net lending is near zero,. (ie loans minus loan payoffs) and the government is unprecedentedly deficit spending about 8% (not the 6% he said) ,.. and there's insignificant QE & QT,...then dP% (inflation) = dDeficitSpending% - dY% And as John said,... deficit spending goes directly to the demand side. There is no obligation by the recipient to pay it back and the government never pays off it's debt. When a treasury matures they just issue another treasury and therefore the money supply can't return to thin air as it does when a loan issued by a private bank is paid off. Currently inflation = 8% of GDP deficit spending - 3% real GDP growth = ~ 5%. Bank M2 doesn't account for all of the debt accumulated to this point,... otherwise M2 ($21 trillion) would be at least as large as the debt ($35 trillion) So deficits have a high influence on inflation.
Is a farmer fertilizes his crop he gets a better yield If you drop corporate taxes you get more businesses then you get more jobs paying more taxes Seems to make sense to me
If you think a 200% terra is going to bring back manufacturing, you know nothing about manufacturing, economics, or the current state of America is in.
@@SonnySigala I barely graduated from high school. But I own 2 companies, where I manage land, labor and capital. Because of the inflation Trump and Biden created and their tariffs, my costs and my customers costs are up 30%.
We should structure a fairly defined scale to how we apply tariffs. Environmental policies and humanitarian policies use to be used back in the 60's and 70's. I think we should add a hostility factor into the algorithm. This type of monetary policy can prevent global hostilities.
John Carnie claims that tariffs do not cause inflation. Is he really stupid enough to think that the companies that Trump puts tariffs on are simply going to absorb them as opposed to passing them on the the American consumer? I am not even an economist and I am not this stupid.
If the Govt. can't stop spending, then we should Boycott the Economy. Stopped major purchases, since Biden-Harris came into office, just Living expenses, nothing more. During Trump, was able to buy more, now just paying off Debt from Trump time in Office.🇺🇸🪖💪
Get out and VOTE 🗳 TRUMP AND VANCE 2024 🙏🇺🇲❤🙏🇺🇲❤🙏🇺🇲❤🙏🇺🇲❤
One trick pony to solve all of life's problems, going to make everything unaffordable so we'll save tons of money that way I guess
WE DID AND WE WON!!! WOOOHOOOO
You just got to love Larry Kudlow!
Much love ❤️ and respect ❤️ 4 our President Donald Trump and our New Leadership Team ❤️
The idea is for you to buy the un-tariffed, American-made goods.
The idea is also to allow American goods and services into countries that place high tariffs on our goods and services. It's reciprocity...
Like what? A BMW…nope. A Mercedes?…nope. A Ford…hell no.
Why didnt he do that 8 years ago? That stuff doesn't happen over night and the consumers pay the growing pains
@@RedsundogWe havespoken
Did Harris not study the tax increase campaign of Mondale in 1984?
Unlike the government, drunken sailors stop spending when they run out of $$$
Tariffs don’t cause inflation- good one!😅
11:30 Great point.
Goes along with what I've derived,..
government deficit spending is the equivalent of printing on the demand side.
Freidman said inflation was the Change in Money Supply MINUS the change in real GDP growth,.. NOT just money supply alone, as Hanke and others incorrectly insist.
And Friedman would be more mathematically correct.
Again,.. QTM says,..
MV=PY
and therefore
dM% + dV% = dP% + dY%)
which means
dP% (inflation) = dM% + dV% - dY%
Where dM% = change in M2 in this case.
dV% = change in velocity (velocity being the ratio of Nominal GDP/M2 approx 1.33),. the change usually assumed to be zero.
So,..
dP% (inflation) = dM% - dY%
With the above
dM% becomes dM2 + dDeficitSpending% - dQE% + dQT%
But when banks aren't lending as a result of Fed monetary policy (or the net lending is near zero,. (ie loans minus loan payoffs) and the government is unprecedentedly deficit spending about 8% (not the 6% he said) ,.. and there's insignificant QE & QT,...then
dP% (inflation) = dDeficitSpending% - dY%
And as John said,... deficit spending goes directly to the demand side.
There is no obligation by the recipient to pay it back and the government never pays off it's debt.
When a treasury matures they just issue another treasury and therefore the money supply can't return to thin air as it does when a loan issued by a private bank is paid off.
Currently inflation = 8% of GDP deficit spending - 3% real GDP growth = ~ 5%.
Bank M2 doesn't account for all of the debt accumulated to this point,... otherwise M2 ($21 trillion) would be at least as large as the debt ($35 trillion)
So deficits have a high influence on inflation.
Trump 2024🇺🇸💕✝️
Is a farmer fertilizes his crop he gets a better yield
If you drop corporate taxes you get more businesses then you get more jobs paying more taxes
Seems to make sense to me
Charge them 200% and we can begin our manufacturing here in the United States Again!
If you think a 200% terra is going to bring back manufacturing, you know nothing about manufacturing, economics, or the current state of America is in.
@@peterponcedeleon3368 tu eres pendejo...just saying.
@@peterponcedeleon3368 I'm sure you got a college education have a good job but, you need to work yourself out of that box and get more creative
@@SonnySigala I barely graduated from high school. But I own 2 companies, where I manage land, labor and capital. Because of the inflation Trump and Biden created and their tariffs, my costs and my customers costs are up 30%.
@@peterponcedeleon3368 cry me a River you're not the only one...vote Trump,now he is creative
Every is going to fold to USA GDP
Caterpillar is Peoria,il or was?? Try Moline, il for Jd and ih both from iowa
right now I'm not even buying toilet paper because the tax on it has gone to high
Are you using a corn cob then?
@@THE_FACTS_ONLY_HERE I being saving the weekly advertisements paper just in case...!!? the corn cobs are too bulky...?
Please Stop slave labor
Close every fast food restaurant?
@@Jimmy-yu9xy at least the make minimum wage, waiting staff the real slave labor
as a fiscally responsible drunken sailor, i object to President Trump's characterization of drunken sailors who spend money
Bam !! 😮
Haha, the Mexican pres jus said she going tariff for tariff with Trump. Wonder what the rest ofnthe world will do?
We should structure a fairly defined scale to how we apply tariffs. Environmental policies and humanitarian policies use to be used back in the 60's and 70's. I think we should add a hostility factor into the algorithm. This type of monetary policy can prevent global hostilities.
The globalist free trade scams have cost American citizens too much while unrighteous individuals and politicians pocketed fortunes.
You can’t build things cheaper elsewhere with cheap energy here and not there. It’s a dial.
He took two year's from Obama no inflation.
HELPS EVERYO N E😊
ECON 101!
Insurance companies are not family members and Trump Tariffs need a new market. Marijuana economy is a great again victim for Trump Tariffs
John Deer moved to Brazil 🇧🇷 ethanol engines !
😂😂😂 is this fox cleanup attempt
Buy your trump TMTG stock now
John Carnie claims that tariffs do not cause inflation. Is he really stupid enough to think that the companies that Trump puts tariffs on are simply going to absorb them as opposed to passing them on the the American consumer? I am not even an economist and I am not this stupid.
Tariffed goods won't cost you more if you don't buy them.
@@gerrygunn5109 Lesser cost goods for the lower and middle class should be boycotted,
@@gerrygunn5109 So pay more and drive up inflation? Hmmmmm.
USED president for sale . High mileage , body damage, fixer upper
call Elon in South Africa . Once owned by Putin , strange odor in interior .
Musk for president 2028
😂 where is he from?
💩💩
Deregulation is great, just don't poison the water.
Their is! a new Sherriff in town thank god, instead of the previous cabbages.
Tariffs will be a lot higher than your claiming shut up you're a liar
Yeah, Get em DT! Real is real. Fake is fake.
💩👑🥊🥊🥊🥊🥊🥊🥊🥊🥊🥊🥊🥊🥊🥊🥊📜🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
If the Govt. can't stop spending, then we should Boycott the Economy. Stopped major purchases, since Biden-Harris came into office, just Living expenses, nothing more. During Trump, was able to buy more, now just paying off Debt from Trump time in Office.🇺🇸🪖💪