We could drive down the living standards of ordinary working people to subsistence levels (or less!) and then get them to all blame each other for the problems. I.e. People on benefits,migrant workers, black people, public sector workers, pensioners etc. etc.
That way the only people that REALLY matter can keep their vast wealth, and the system can keep on working... working for the super-rich.
Monetary policy is a load of crap. How about if you have real money: gold/silver/copper then you can buy stuff. None of this fake moneythat is really debt or whatever bull.
The Fed has exhausted all of it's tricks, and it isn't working. So the Gov has to spend massive deficits, but that isn't working either.
The definition of insanity; doing the same thing over and over again and expecting different results.
Government spending does not create wealth (IE: jobs, GDP growth, etc). You cannot 'spend' yourself wealthy. 'Printing money' does not create wealth. That just creates price inflation, bubble booms and then the inevitable busts.
thank you for your time to do this again, always looking for more of your video. I learn something new every time with your video, and always need a drink afterward ;p LOL
Brilliant. Thank you.
jhewitt2008 22 hours ago
We could drive down the living standards of ordinary working people to subsistence levels (or less!) and then get them to all blame each other for the problems. I.e. People on benefits,migrant workers, black people, public sector workers, pensioners etc. etc.
That way the only people that REALLY matter can keep their vast wealth, and the system can keep on working... working for the super-rich.
Sounds wonderful ...(yawn... wakes up...)
Oh, hang on, I'm not a billionaire after all.
Shit!
tellyontellyon 1 month ago
Well explained. Can u deliver a lecture on consolidated financial statements, please?
zubairtari1 2 months ago
Helpful stuff! Thanks!
Just4AZ1 2 months ago
Monetary policy is a load of crap. How about if you have real money: gold/silver/copper then you can buy stuff. None of this fake moneythat is really debt or whatever bull.
dishesdealer417 6 months ago
According to Aaron Russo, in his doc freedom to fascism, the income tax goes to the FED, isn't that right?
TruthRadiator 6 months ago
you forgot to say how the FED killed JFK so that they could keep printing the money!
BiggerThinking1 6 months ago
Just started the day, saw this video...Mr. G..Oh God No!! So I am starting the day now, badly needing a drink!!
0musing 6 months ago
Great explanation! Hope your investing in Gold and Silver!
GoldSilverReview 6 months ago
Comment removed
gosox773 6 months ago
The Fed has exhausted all of it's tricks, and it isn't working. So the Gov has to spend massive deficits, but that isn't working either.
The definition of insanity; doing the same thing over and over again and expecting different results.
Government spending does not create wealth (IE: jobs, GDP growth, etc). You cannot 'spend' yourself wealthy. 'Printing money' does not create wealth. That just creates price inflation, bubble booms and then the inevitable busts.
Panpiper 6 months ago 2
YAY!! Whiteboard is back! I'm happy now.
LOL, no offense to your co-worker lady friend. I just am a better visual learner. :o)
Thanks Paddy.
scutter4christ 6 months ago 13
@scutter4christ Thanks for the kind words! A lot of people like both formats, so I think we may use both. Let me know what YOU want to know!
h1rschp 6 months ago
Thanks for the easy to understand explanations. Much appreciated.
jonesr227 6 months ago
I'm glad to see you back at the whiteboard. Always enjoyable and informative videos. And of course the pen toss is epic.
TheDoubleBee 6 months ago
u should put "whiteboard" as one of your tags (or in the title) so that your whiteboard videos are easier to find
xtinct2 6 months ago 7
thank you for your time to do this again, always looking for more of your video. I learn something new every time with your video, and always need a drink afterward ;p LOL
jyangphoto 6 months ago