As said below, money is debt, look up "The Paradox of Thrift". If everyone were to save more money it would actually have a negative effect on the economy. By people taking on more debt it actually expands the supply of money, which in turn spurs on economic growth. That being said from a personal perspective it is a very good idea to save at least 10% of your income either for retirement, or for other various expenses and to avoid having to pay interest to use loans (like credit cards).
I think that Jessica is on to a very important reason why the American economy is a stronger economy, and that is that corporations can expand when they need to expand, not just when their base revenues allow them to. I'm not sure spendaholics can understand how utilitarian and benefitial it is for an economy to have these resources. Imagine if you could only buy a house with cash!
Bottom line with this video is that Jessica is promoting what the bankers want which is to keep you playing their game. They don't care a lick about anyone but themselves and their families. They don't care if people die by the millions in wars, whether people starve, whether people suffer... as long as they have their control on the money supply they're happy and extremely well taken care of financially. Look at the video Money as Debt.
Whether you spend it or invest it, the money still ends up in the hands of the bankers. Money is debt, debt is money as the system currently is. It can't be explained in a 1 minute video that the system is flawed at its core. The investments only help you a little bit and only when the "game masters" in the central banks allow it. The end result of the flaws and the CB's that capitalize on the flaws is that hard work and contributory service no longer pay off.
Only a few professions remain where hard work pays off big in exchange for lots of hours such as medicine. Acting, sports, manipulative fields such as sales and high dollar trading, and similar things now equate to wealth while more necessary fields such as teaching and inventing and building equate to only getting by and the hardest working people can barely afford food. Social programs are not the answer. Changing the system is.
That was funny! LOL, yeah invest in the Robber Barrons of Wallstreet! Invest in bankrupt companies that give their overpaid Execs bonus! The whole American economy is a Giant Ponzi scheme and your telling people to invest in a Swindle, Ha HA HA!
Your answer is not entirely correct. Investing can be good and bad, along with spending. For example, hedge funds and the way most leveraged is bad for the country. On the other hand, if one spends their money and does not use credit then their spending will stimulate the economy. Credit is bad for the country only when people take advantage of the system (lender and/or borrower). You need to focus on the benefits to the investor, not the country. Atleast that is my opinion. =)
Jessica, you seem like a nice girl so I'm going to help you out. You can better help your country by learning our true history including what the federal reserve is and how it came about. Then get active in trying to get rid of it.
By putting you money in the bank your actually loosing, unless you can find a bank that offers and yield/I rate higher than our current inflation. You would not be looked at as a burden if you spend, wouldn't that be stimulating our economy, atleast services and retail. But yes, Investing is a good way to aviod those spending tempations. Especially right now, your going to see you portfolios increase 35% in the next year or two, true but hard to believe after the last year of volitility.
Dang Jessica! I think she should have taught a lesson on compound interest instead of banks.
AmericanCritiquer 11 months ago
Live in your very own home, get easy mortgage from IFG,Inc...
ifginc 1 year ago
As said below, money is debt, look up "The Paradox of Thrift". If everyone were to save more money it would actually have a negative effect on the economy. By people taking on more debt it actually expands the supply of money, which in turn spurs on economic growth. That being said from a personal perspective it is a very good idea to save at least 10% of your income either for retirement, or for other various expenses and to avoid having to pay interest to use loans (like credit cards).
nn123654 1 year ago
HOTT!
homeskillet1962 3 years ago
Motion without a notion. If only her ears were turned inward, perhaps then she'd realize how silly and immature she sounds.
Cryocide13 3 years ago
I think that Jessica is on to a very important reason why the American economy is a stronger economy, and that is that corporations can expand when they need to expand, not just when their base revenues allow them to. I'm not sure spendaholics can understand how utilitarian and benefitial it is for an economy to have these resources. Imagine if you could only buy a house with cash!
donebsen 3 years ago
Bottom line with this video is that Jessica is promoting what the bankers want which is to keep you playing their game. They don't care a lick about anyone but themselves and their families. They don't care if people die by the millions in wars, whether people starve, whether people suffer... as long as they have their control on the money supply they're happy and extremely well taken care of financially. Look at the video Money as Debt.
choices1111 3 years ago
Whether you spend it or invest it, the money still ends up in the hands of the bankers. Money is debt, debt is money as the system currently is. It can't be explained in a 1 minute video that the system is flawed at its core. The investments only help you a little bit and only when the "game masters" in the central banks allow it. The end result of the flaws and the CB's that capitalize on the flaws is that hard work and contributory service no longer pay off.
choices1111 3 years ago
Only a few professions remain where hard work pays off big in exchange for lots of hours such as medicine. Acting, sports, manipulative fields such as sales and high dollar trading, and similar things now equate to wealth while more necessary fields such as teaching and inventing and building equate to only getting by and the hardest working people can barely afford food. Social programs are not the answer. Changing the system is.
choices1111 3 years ago
These comments are so immature...
theSCgosu 3 years ago
how do i invest?
RAEIVET 3 years ago
That was funny! LOL, yeah invest in the Robber Barrons of Wallstreet! Invest in bankrupt companies that give their overpaid Execs bonus! The whole American economy is a Giant Ponzi scheme and your telling people to invest in a Swindle, Ha HA HA!
valhala56 3 years ago
Your answer is not entirely correct. Investing can be good and bad, along with spending. For example, hedge funds and the way most leveraged is bad for the country. On the other hand, if one spends their money and does not use credit then their spending will stimulate the economy. Credit is bad for the country only when people take advantage of the system (lender and/or borrower). You need to focus on the benefits to the investor, not the country. Atleast that is my opinion. =)
indysurfer9 3 years ago
Sex aside, you're one smart woman. ;)
superallye 3 years ago
All i was thinking was how much i would invest in your vagina...
To be honest i Beat it to your face, Call me.
Muffinmanv2 3 years ago
a beautiful woman
fnlost 3 years ago 2
Years of schooling have clearly not been wasted on you. -.-
Doomessenger4654 3 years ago
Who chose this chick?
img921 3 years ago
Jessica, you seem like a nice girl so I'm going to help you out. You can better help your country by learning our true history including what the federal reserve is and how it came about. Then get active in trying to get rid of it.
mdeasy 3 years ago 2
I didn't save cash I INVESTED IT in guns, ammo, food, seeds and metals
SPCkeith 3 years ago
Hi. Ur preeettty
dannye60 3 years ago
Invest so banks can loan money--in other words, so people can have debt.
The alternative: debt.
Uh, debt or debt? She is right, but not the way she intended. See the video series "Debt as Money"
hunterhogan 3 years ago
worst explanation ever
harfenuegle 3 years ago
By putting you money in the bank your actually loosing, unless you can find a bank that offers and yield/I rate higher than our current inflation. You would not be looked at as a burden if you spend, wouldn't that be stimulating our economy, atleast services and retail. But yes, Investing is a good way to aviod those spending tempations. Especially right now, your going to see you portfolios increase 35% in the next year or two, true but hard to believe after the last year of volitility.
finance622 3 years ago
Jessica, i challenge you! to take off that top. haha jk
DHirsch100 3 years ago
Yeah I was thinking about investing while watching this.........
kevgoods 3 years ago