Відео

The super rich aren’t getting taxed at 90 percent anymore like they were when Eisenhower was president. We need to bring this back now. Everyone was able to buy a home and have kids then.

The question is incomplete. The issue is the population/economic growth as measured against the money supply. That's the only thing that matters when determining whether there will be/is widespread price inflation or deflation (not relative inflation or deflation).

"The problem is old people". Remember, someday _you'll_ be "old" too, _if_ you're lucky. As for my relatives and myself, I hope we all live to be old.

What a fucking racket.

yet a billionaire like elon musk, always pretent to worry and shed crocodile tears on population decline wants people to have more kids without giving this context.

Inflation comes with equivalent market chance if you are early informed and well-equipped. I've seen folks on verified posts that turned millionaires amid economic downtrend, and pull it off easily in a favorable economy, it all boils down to proper asset allocation.

Pay increases tied to cost of living is structural inflation. The Fed printing money is structural inflation. Perpetual deficit spending by the federal government is structural inflation. I'll believe in the tooth fairy before I believe we'll ever experience deflation in the U.S, at least not in my lifetime.

You should see the same charts for real income vs inflation or GDP. they capture the story even better in my opinion (especially the breakout in 1973). When we have recessions, power shifts from employees to employers and that basically never comes back result in lesser and lesser salary growths over all the following years - even if the economy comes back up.

Imagine think the US is a capitalist country these days. Insane misallocated capital there too to buy its own government bonds, bailout banks, fund needless wars and many other shenanigans.

Assets inflate and consumer goods deflate.

Inflation is increase in money supply. Less people working may cause increased prices, but those increased prices arent defined as inflation.

Thank you and feel better sir

2 mins in and this guy is already making "electricity comes from the wall" levels of fallacies. The wealth is not the nominal values of the homes, IT IS THE HOMES THEMSELVES. A managed decline of nominal values is beneficial to china, as it frees up resources for other areas. This is a reflection of the problem we have in the US. When people are spending 50% of income on servicing housing instead of the historically normal 23%, thats 27% of all income that cannot go into actual productive investment like starting a business, building a factory, etc etc. The chinese used their housing bubble to overbuild housing, the same way the US used the DOTCOM bubble to build the modern internet.

Since the 1980's 90% of America's wealth gain has gone to the 1%. If you feel you've been shafted, I recommend both Preparation H and voting better.

So it's time for another round of tax cuts for the 1% ??? Don't they need more mega-yachts and private equity pools buying up 100,000s of starter homes to turn them into rental slums?

The key to undestanding what is special about the 2019 to present is to look at the New economic theory and how that enormity that is basically socialism got implemented all over. The reasons for it, that is a diffrent menu.

the pill came on the market in 1960. Reading the comments for lack of children but just comes down to an attitude. Our beliefs today create our future. Elect people who have a positive message and people follow

People are in such denial that our society isn't in a recession

Even those with a stock portfolio are falling behind. All of those investments lost about 30% of their real value since 2020.

The US debt. Bidens insanity. Inflation truth. Immigration. Wage and economic growth inequality. These are what press should push government on. But they all have TDS it seems and would rather say the world will end if Trump is President again (even though nothing bad happened last time)

I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

From 2008 onward the rise in home and rent prices are all directly related to decline in birth rates. No stable home ownership = fewer kids.

More men need to discover mgtow. More men need to stay away from having kids and reproducing

when you can't raise taxes for obvious political reasons, nor can you implement austerity measures, nor it is sustainable to finance growth through credit (China stops buying T-bonds, Japan is selling T-bonds, T-bond returns are a bad joke) then you resort to reducing the buying power of the currency. If all currencies move together and asset prices have been inflated anyway, then the rich didn't pay anything (corporate returns were actually a lot higher than the average of recent decades) then the masses were forced to pay a large sum of implicit tax... This is what is being described in this graph. While these policies might increase decent or the strengthening of radical movements, well implemented state oppression measures through police, secret services and paramilitary organization can actually solidify the power of ruling elites. In short modern democracies are controlled by corporate elites governing through economic rather than social policies.

Why do you take 2.3% grow as granted? It is capitalism, it is supposed to go down. It is cheap labour in other countries, unequal exchange, printed fake dollars that keep "developed countries" afloat. And we can not carry you on our backs high enough. You are about to meet real capitalism. You are welcome.

Great explanation. I wish politicians understood this. Or cared about it.

I thought feminism did that.

With governments increasing taxes seems to only add to the problem. 2006 bailouts appear to be the ultimate fail. They said the banks would fail overnight if not done, but it looks like it was just spread out over time like a slow knife to hit even more generations.

More women in the workforce is the biggest reason why. Women are now having to work full time rather than raise children

interesting, i thought Real Estate price always go up. not down

BTC can disregard techincals when in a bull, did that in 2020 when it crossed previous ATH... stayed there a few weeks and continued pumping like crazy to 60k. Also, there is one constant... when around 90 on monthly RSI, the end is near. And don't expect crazy price targets of 500k... expect around 100k at most and be happy if there's more after that. If you believe big boys and CEO's of big invesment firms saying targets like 1M this cycle.. you deserve to be their exit liquidity..It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3B'tc to a decent 21B'tc in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

Why hasn't things gone to hell yet? It's not November 6th yet...

So on point. I was just looking at this exact issue.

Music is terrible.

Having kids isn't worthwhile since you can always import workers to run the economy from poorer nations. As long as you have saved enough for retirement you will be taken care of, additionally your own children won't be able to look after you despite their best efforts unless you have set them up for success either by having them graduate debt free or give them a hefty DP for a home. Its only gonna get harder to go uphill from here on since the people in charge of fiat are printing for political points. Using debt to service unnecessary programs to win elections instead of focusing on investing debt in productive efforts is not a good idea, the system will fail under its own weight. For every $1 of debt created we need more than $1 + interest in income, else we are heading for the edge of the waterfall.

Hold up... No 2020 fake event talk? No one guest yelling over the other? So it *IS* possible after all, eh? lol Thumb up.

2008 really DID break the system and it's been artificially propped up ever since

*GDP is Grossly Distorted Propaganda* Adam Smith wrote "read, write and account" multiple times in Wealth of Nations. But why hasn't accounting/finance been mandatory in high schools for Gen-Z? Why not for their parents? Why not for their grandparents? Instead we have had 70 years of television brainwashed consumerism. Did John Maynard Keynes ever see a television commercial for automobiles? Try finding an economist who talks about the depreciation of durable consumer goods. But Karl Marx used the word 'depreciation' 35 times in the first two volumes of his major work. Planned obsolescence consumerism is a high technology form of slavery.

Feels like government giving handouts to REITs and rental companies to buy up single family hones still has something to do with it.

Very interesting discussion. Thanks

The system is working properly. Society is shaped in a way to guide evolution with purpose.

Americans are not feeling downbeat about their income expectations. They are however feeling very disappointed they will not be billionaires. And if you can’t be a billionaire, what’s the point of living or having children?

well at least the usgov can fix it by making it illegal to not have babies. all fixed! so easy!

I’m wondering if some people stopped working as hard which reduced their income. These people were expecting the government to give them income they could have earned if they worked more.

Correlation doesn't equal causation. There's a lot of other factors contributing to lower birth rates, such as the reduction in overall dating and the way apps have distorted the dating market.

cpi above trend and incomes below trend... who would've thought this would make relationships and children unsustainable

1:33:00 - if the US is doing better than China, why have all the US businessmen lost their coats and ties?

The problem is worse than you think. By including dividend and rental income, you've skewed the average income upwards for the context of consumer confidence and fertility. The vast majority of pre-retirement households only receive income from hourly wages. If you re-did the graph at 6:00 to only include real wages the trend would be even steeper.

Thank you for covering this. My wife and I are choosing to never bring another soul into this world, and a big part of the reason why is exactly what you discussed here. We have absolutely worked our asses off, and we're doing quite well compared to most people, but it doesn't feel like its anything CLOSE to what it should be given the effort we've both put out. I can't imagine telling my children that they need to work as hard, or harder, and will likely make even less than we do... This country is doomed.

The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.