thanks for the lesson! I was wondering if you had any serious thoughts about inflation and or the Federal Reserve printing massive amounts of money? What do you feel real inflation is? Oil is very volatile but food and menu prices seem to have gone up every where I go dramatically.
We all know the Federal Reserve is illegal according to our constitution and they are destroying our currency. Your thoughts? or maybe a future video would be appreciated.
Look, inflation is a bad thing, especially for investors, so it's not particularly singling out the poor. Historically the federal reserve has failed, you had Ben Bernanke openly stating at a meeting for Friedman's birthday that the Fed was largely responsible for the severity of the Great Depression, which I think is true.
If you're asking this because of the Ron Paul movement and so on, then I would take a look at congress and see if they are working for financial institutions or not.
I should add, that the Federal Reserve is legal, congress gave it legal authority. The act was passed rather dubiously, but so what? If you pay attention so have plenty of other bills.
I'd like to know if you are talking about, USA, Europe or the world. Are all banksystems alike around the world and do USA have the same problem as Europe?
Thank you Paddy for responding to my request. So basically the banks just sweep their dirts under the carpet. I'd always suspected that they have to address the problem sooner or later.
Now with one quadtrillion dollars of potential toxic wastes out there - am I right to assume that that most of these banks which hold large chunks of these derivatives would become insolvent? and that no amount of money printing would save the next melt-down? Scary!
great videos , keep-up the good work and thank's for your time , cheer's
neboway 5 months ago
LOVE the videos!
wish I'd studied my MBA with you! It's a real talent to simplify these subjects!
Santafesunshine 1 year ago
I am new to Finance and each episode makes me learn a great deal. Thanks Paddy!
VladimirCA 2 years ago
Thank you very much. Very insightful info presented in an easy to understand way.
phobio 2 years ago
love your videos paddy!
fatalegg 2 years ago
Very well explained thank you.
gosox773 2 years ago
Your videos are very helpful and clear. Thank you
coos678 2 years ago
thanks for the lesson! I was wondering if you had any serious thoughts about inflation and or the Federal Reserve printing massive amounts of money? What do you feel real inflation is? Oil is very volatile but food and menu prices seem to have gone up every where I go dramatically.
We all know the Federal Reserve is illegal according to our constitution and they are destroying our currency. Your thoughts? or maybe a future video would be appreciated.
Arginine88 2 years ago
Look, inflation is a bad thing, especially for investors, so it's not particularly singling out the poor. Historically the federal reserve has failed, you had Ben Bernanke openly stating at a meeting for Friedman's birthday that the Fed was largely responsible for the severity of the Great Depression, which I think is true.
If you're asking this because of the Ron Paul movement and so on, then I would take a look at congress and see if they are working for financial institutions or not.
lordennis01 2 years ago
I should add, that the Federal Reserve is legal, congress gave it legal authority. The act was passed rather dubiously, but so what? If you pay attention so have plenty of other bills.
lordennis01 2 years ago
I'd like to know if you are talking about, USA, Europe or the world. Are all banksystems alike around the world and do USA have the same problem as Europe?
BabyBacon 2 years ago
Astounding as usual. Crystalclear lectures of what's happening.
Too bad only a couple of hundred to low thousand viewer see each episode,
KarlFredrik 2 years ago
Thank you Paddy for responding to my request. So basically the banks just sweep their dirts under the carpet. I'd always suspected that they have to address the problem sooner or later.
Now with one quadtrillion dollars of potential toxic wastes out there - am I right to assume that that most of these banks which hold large chunks of these derivatives would become insolvent? and that no amount of money printing would save the next melt-down? Scary!
yaplonglong 2 years ago
Another excellent video. Thank you very much.
chakra74 2 years ago