@superdiza I really don't understand your objective with such complaining:
#1: The link still works for me:
watch?v=P92oOYTUpW8
#2: The link surely must have worked since you posted a complaint comment on that very page, for Part 4, at about the same time as you posted here. Why?
#3: You want a playlist? Donate to them your time to be the playlist assembler, they would likely greatly appreciate it.
#4: Search is about as fast as it gets "casino capitalism pt 4"
Finally: a remarkably sound, facts-based explanation of this whole WALL ST vs MAIN ST disparity that caused economic collapse & the resulting taxpayer bailouts. I never studied economics -- but the way it gets presented to US consumers is mostly models & theories as opposed to strict cause & effect cycles. I never knew this relationship between strong dollar, & how it hurts us in the global marketplace, the lack of leverage requirements, the concept of "consumers of last resort". GREAT WORK!
"for an older lady"? you sound like an airhead. How do you think people acquire knowledge? It doesn't come on a chip implant in an embryo. She sure is smart, from time & experience processing information and events. And if America were smart, they would pay attention to seasoned experts like her. But America has spent last few decades doing expedient things, never considering long term consequences. What was it Rev Wright said?! "America's chickens..are coming home... to rooooost"
@macdaddi88 ... really. it was that exact quote? If so, I must've been asleep at the wheel when the Conglomerate Media sought to tarnish Wright... I don't remember people saying "That's exactly what Malcolm X said"... or did you mean in the same spirit?
this is why the whole meme about people should be able to "keep the money they EARN" is ridiculous. These marketeers don't EARN anything, they play a game and give themselves money out of thin air after they've done well at their game. They don't create value, they perpetrate organized fraud, and get a much better hourly return for it than honest laborers could ever dream of.
Sounds like were all screwed but a convoluted, evil system that will crash again!
I am not very hopeful for the Aussie economy because people here haven't really felt the effects of a recession yet. Though that looks to be changing in the near future and not a damn thing we can do about it.
This is where for a lack of better terms, your everyday liberal, everyday republican and free marketer differ. Your everyday liberal wants more regulation to watch the money trust, the everyday republican wants to keep casino capitalism free, and then you have the free marketer who says deregulate - including legalizing counterfeiting and fractional reserve banking, then you wouldn't need all the regulation on a broken system.
Don't be such assholes: YouTube long ago changed their policy re "DIRECTOR ACCOUNTS" where programming over 10 minutes in length could be uploaded.
Occasionally you will still see 1-hr-plus videos on YouTube, for example UC Berkeley seminars. Perhaps there are special capabilities granted to eductaional institutions.
You, and that lavis 88 after you, sound like spoiled babies in a barcalounger eating pizzas. RealNews is doing phenomenal job with MINIMAL resources. Have YOU donated?
In order to implement those limitations, both on borrowing and on capitalization ratios, from where we are now, there would be a major forced contraction in the total money supply.
Naturally this should fall on the holders of the worthless "legacy" assets out there in unmarked-to-market securities. These must be part of the coming great settling of accounts.
Do we want to pay for derivatives or socio-economic infrastructure and jobs.
These are all solid proposals but the entire system is so diseased and distorted that only a total collapse will have any effect. Too little too late. The collective debt of the US is too massive for anyone to contemplate appraising realistically.
If having a WEAK CURRENCY is good, then why isn't Mexico a rich country. A weak currency is NEVER good. A strong currency always means a healthy economy.
Well, she is going to get her wish. As the dollar collapses -- and America becomes a third world country. Europeans will be flying all over the world vacationing on their strong Euro, and we won't be traveling anywhere. Because with a weak dollar it will cost $5,000 for a ticket to Bali.
China would beg to differ with you that a weak currency is NEVER good. China is facing continual pressure from the U.S. and other countries to raise the value of their currency, which China is reluctant to do because it would result in a loss of jobs in their manufacturing sector.
China has an undervalued currency, not a weak currency. The two are different things. The PBoC actually had a tighter monetary policy for most of the past decade than the FED.
The reason why economists want the PBoC to float the Yuan's exchange rate is because the PBoC's monetary policy has been tighter than the FED, yet they usually peg the exchange rate to the USD. Theory being if investors were to set the value of the Yuan, it will go up next to the weaker USD.
So what happened to part 4 of this series?
superdiza 2 years ago
@superdiza The number "4" just got cut off in the title> here it is:
v=P92oOYTUpW8
quicksite 2 years ago
this link is invalid, and one should really consider linking it as a video response.
superdiza 2 years ago
@superdiza I really don't understand your objective with such complaining:
#1: The link still works for me:
watch?v=P92oOYTUpW8
#2: The link surely must have worked since you posted a complaint comment on that very page, for Part 4, at about the same time as you posted here. Why?
#3: You want a playlist? Donate to them your time to be the playlist assembler, they would likely greatly appreciate it.
#4: Search is about as fast as it gets "casino capitalism pt 4"
quicksite 2 years ago
right after watching this amazing interview i dare you to go watch Treasury Secretary / WallSt Buffoon Timothy Geithner explain the economy.
makes ya feel pretty uneasy about the future :(
asphyxiafeeling 2 years ago 4
She enlightened me on strong dollar policy. Very interesting.
markcerny 2 years ago
Thanks for presenting what MSM main stream media will not. Keep up the good work.
Igentenos 2 years ago 4
Tell me something i dont know
ShaeMosely 2 years ago
jerkoff
macdaddi88 2 years ago
Finally: a remarkably sound, facts-based explanation of this whole WALL ST vs MAIN ST disparity that caused economic collapse & the resulting taxpayer bailouts. I never studied economics -- but the way it gets presented to US consumers is mostly models & theories as opposed to strict cause & effect cycles. I never knew this relationship between strong dollar, & how it hurts us in the global marketplace, the lack of leverage requirements, the concept of "consumers of last resort". GREAT WORK!
quicksite 2 years ago 3
Damn it!! Bloody American wallstreet. Handcuff the BASTARDS!
SandCmpbll 2 years ago
Woot! Jane D'Arista for Treasury Secretary! Man she is so smart for an older lady.
DemiRonin 2 years ago
"for an older lady"? you sound like an airhead. How do you think people acquire knowledge? It doesn't come on a chip implant in an embryo. She sure is smart, from time & experience processing information and events. And if America were smart, they would pay attention to seasoned experts like her. But America has spent last few decades doing expedient things, never considering long term consequences. What was it Rev Wright said?! "America's chickens..are coming home... to rooooost"
quicksite 2 years ago 2
malcom x said it well before wright
macdaddi88 2 years ago
@macdaddi88 ... really. it was that exact quote? If so, I must've been asleep at the wheel when the Conglomerate Media sought to tarnish Wright... I don't remember people saying "That's exactly what Malcolm X said"... or did you mean in the same spirit?
quicksite 2 years ago
this is why the whole meme about people should be able to "keep the money they EARN" is ridiculous. These marketeers don't EARN anything, they play a game and give themselves money out of thin air after they've done well at their game. They don't create value, they perpetrate organized fraud, and get a much better hourly return for it than honest laborers could ever dream of.
Democracy has the right to intervene, and should.
mikesbodypolitic 2 years ago 8
Sounds like were all screwed but a convoluted, evil system that will crash again!
I am not very hopeful for the Aussie economy because people here haven't really felt the effects of a recession yet. Though that looks to be changing in the near future and not a damn thing we can do about it.
MMicro99 2 years ago
This is where for a lack of better terms, your everyday liberal, everyday republican and free marketer differ. Your everyday liberal wants more regulation to watch the money trust, the everyday republican wants to keep casino capitalism free, and then you have the free marketer who says deregulate - including legalizing counterfeiting and fractional reserve banking, then you wouldn't need all the regulation on a broken system.
lavis88 2 years ago
Hey Real news
can you upload all the parts at once, instead of one part each day..the continuity is lost
santa123zzz 2 years ago
Yeah, I hate this 10 minutes/day BS
lavis88 2 years ago
Don't be such assholes: YouTube long ago changed their policy re "DIRECTOR ACCOUNTS" where programming over 10 minutes in length could be uploaded.
Occasionally you will still see 1-hr-plus videos on YouTube, for example UC Berkeley seminars. Perhaps there are special capabilities granted to eductaional institutions.
You, and that lavis 88 after you, sound like spoiled babies in a barcalounger eating pizzas. RealNews is doing phenomenal job with MINIMAL resources. Have YOU donated?
quicksite 2 years ago 4
In order to implement those limitations, both on borrowing and on capitalization ratios, from where we are now, there would be a major forced contraction in the total money supply.
Naturally this should fall on the holders of the worthless "legacy" assets out there in unmarked-to-market securities. These must be part of the coming great settling of accounts.
Do we want to pay for derivatives or socio-economic infrastructure and jobs.
Should be an easy sell.
Whose money system is it anyway?
joebhed 2 years ago
what a convoluted clusterfuck! let's just go back to bartering and call it a day!
demerc 2 years ago
so where is the next segment?
robb1031 2 years ago
they will upload it soon
sl2mmer 2 years ago
Various errors from all 3 parts:
1) It was Carter who deregulated interest rates (regulation Q specifically), not Reagan.
2) Our dollar policy was far stronger under Bretton Woods than since 1971, and especially since 2001.
3) Wall Street benefits from a weak dollar far more than main street; remember who actually gets money directly from central banks.
4) Our periods of vast industrialization occurred under a strong dollar. A weak dollar is good for the short term, not the long term.
jtuck1234 2 years ago
@jtuck1234
Please, who are you and can you point us to articles or papers you have written?
robb1031 2 years ago 4
These are all solid proposals but the entire system is so diseased and distorted that only a total collapse will have any effect. Too little too late. The collective debt of the US is too massive for anyone to contemplate appraising realistically.
flyhead2 2 years ago 3
If having a WEAK CURRENCY is good, then why isn't Mexico a rich country. A weak currency is NEVER good. A strong currency always means a healthy economy.
Well, she is going to get her wish. As the dollar collapses -- and America becomes a third world country. Europeans will be flying all over the world vacationing on their strong Euro, and we won't be traveling anywhere. Because with a weak dollar it will cost $5,000 for a ticket to Bali.
CanterburyCat 2 years ago
China would beg to differ with you that a weak currency is NEVER good. China is facing continual pressure from the U.S. and other countries to raise the value of their currency, which China is reluctant to do because it would result in a loss of jobs in their manufacturing sector.
1140Cecile 2 years ago 4
Point, set, match.
MarquisdeBarrabas 2 years ago
China has an undervalued currency, not a weak currency. The two are different things. The PBoC actually had a tighter monetary policy for most of the past decade than the FED.
The reason why economists want the PBoC to float the Yuan's exchange rate is because the PBoC's monetary policy has been tighter than the FED, yet they usually peg the exchange rate to the USD. Theory being if investors were to set the value of the Yuan, it will go up next to the weaker USD.
jtuck1234 2 years ago