Everything this man is saying is actually the opposite of what will happen.

@cryptotrading5672

2 жыл бұрын

Because they want a full control of your money

Fascinating he can't say 'STOP PRINTING RECORD AMOUNTS OF MONEY!'

“We do not expect significant spill-overs from the subprime market to the rest of the economy or the financial system.” - Ben Bernanke, May 2007

I undeniably treasure the update on crypto we are getting from you,

@davidwhite9536

2 жыл бұрын

< @PicKerry VIA TE||E GRAM

@hendrikubel

2 жыл бұрын

I want to thank Kerry Pickett for the alerts and signals that he has been sending to me. This is the only reason why I've been able to be profitable in trading cryptocurrency Kerry is an expert when it comes to all things related to this market. he understands what's happening at a macro level, and then translates it into actionable signals for the day-to..

@diannaprofitt7500

2 жыл бұрын

As a dedicated hodler, my motivation shifted ground when i decided to trade with 1 btc using Kerry’s signals. I now realize how easy it is to profit from trading instead of been at the mercy of time...

@Quinlivan40

2 жыл бұрын

People are ignorant of the high profitability in crypto and that has been the major issue limiting their profitability..

@ruth4010

2 жыл бұрын

@Kelsie Graham he is a scammer

I don't go to the fed for crypto advice for the same reason I don't call the old folks home for tech support.

@sten260

2 жыл бұрын

old or not he has a point though, there is no underlying use for bitcoin. Only reason people hodl bitcoin because they expect the price to go up in dollar terms, but if they knew that the price will not go up they will sell their bitcoin today. They don't need it for anything other than that

@justinminer1354

2 жыл бұрын

@@sten260 Not really true. I've used it for overseas transactions with Alibaba suppliers. It was so much easier. It [can be] cheaper than a wire and you don't have to deal with bank-to-bank transacting. Some banks won't work with other countries' banks, especially Asian and Indian banks. See, Bitcoin is still niche, most people don't understand how to transact it (i.e. I had to play tech support for my Ali supplier's crypto wallet). That's critical for any currency, but I think it 10 years that won't be a problem.

@Foomanlol

2 жыл бұрын

@@sten260 You think people would buy stocks if they knew the price wouldn't go up and they could get a return? Does that mean the stock market is useless too? There are many uses for BTC and just because there are many speculators doesn't make it worthless. BTC was just used by many Ukrainians to get their wealth out of their country. If you are in the banking system the government can just hold your assets and block all transfers. With BTC you cannot be stopped. You can send money to anybody in the world within minutes without being censored and nobody can confiscate it without your private keys which can literally be memorized in 12 words. Yes the average person in a rich western country wont appreciate its uses because they are fortunate to live in a bubble away from the rest of the world with far more hardship and less trustworthy governments.

@sten260

2 жыл бұрын

@@Foomanlol people buy stocks because of the underlying company, if they don't think the company is any good they wont buy the stock no matter what. Bitcoin does not produce anything or pay interest or earn money so it's completely useless asset

@sauryatuladhar9105

2 жыл бұрын

@@justinminer1354 yes this would have been so amazing and I was really hopeful for usung it for these purposes, but again stability and store of value are 2 of the 4 pillars of usable money. Also the restrictions on it can be easily imposed by individual governments. So one day you have bitcoin, the next day the government might be after you to stop using it

My greatest happiness is the $28,000 biweekly profit I get consistently

@vincentbrittany4314

2 жыл бұрын

HOW!! I would really appreciate if you show me how to go about it.

@hectornemo5004

2 жыл бұрын

@@vincentbrittany4314 After I came across bitcoin trading platform of Mrs Cora James my financial life has totally changed, yours can also change it's just a matter of commitment and focus.

@piusgideon7759

2 жыл бұрын

@@hectornemo5004 Who is this Mrs Cora James?

@hectornemo5004

2 жыл бұрын

@@piusgideon7759 She is my family's personal broker and also a personal Broker to many families in the United States, she is a licensed broker and a FINRA AGENT in the United States 🇺🇲.

@vincentbrittany4314

2 жыл бұрын

@@hectornemo5004 How do I get in touch to her please!!!

FEDS LOST ALL CREDIBILITY THATS WHY WE ARE NOW SEEING THEM SPEAK SO FUNNY 😆

Ofcourse he says that. He represents the traditional monetary system and is personally responsible for the demise of that system.

@yitcvjrTmk4j9V2

2 жыл бұрын

Todgecoin 👍🏼

@religionlol7323

2 жыл бұрын

Truth hurts kid keep holding on to your magic internet money. He's right.

@sarahbrown5073

2 жыл бұрын

You're right, but so is Bernanke, on this subject. Nothing with that type of volatility can be money.

@julianschmahl8267

2 жыл бұрын

@@religionlol7323 I dont hold any bitcoin or other cryptocurrencies for that matter. I still believe he is the last person to ask about this. He represents the traditional monetary system and an institution with ultimate unilateral control over the monetary supply and the rate of inflation/deflation in an economy at a particular time. Crypto was created to provide an alternative to everything he represents.

@yhvhsaves5197

2 жыл бұрын

The Traditional Monetary system? Let's just call it what it is: The Rothschild's Luciferian Banking System

Help us. This man wrote a book in which he also discussed bitcoin? Really? Did he not do any research? Disappointing ignorance on full display here

Btc It is a valid currency in 2 countries in less than 12 years of existence already

@manekedark

2 жыл бұрын

For that reason I Have all my life saving on BTC.

@JunkBondTrader

Жыл бұрын

@@manekedark im all in on crypto too. If it starts to be accepted as payment in more places, which it will when a bit more regulation comes, i literally won't have to rely on fiat or banks at all. I earn my money in crypto and I will soon be able to spend it in crypto without having to cash out to dollars.

I'll stick with the system that isn't manipulated to benefit a select few. Thanks though.

he's completely clueless, with talking points from 5 years ago.

Remember when he said in 2006 that home prices never go down. He probably has no better idea what might happen than the rest of us.

@mingdianli7802

2 жыл бұрын

He said that?

@ryanmalloy969

2 жыл бұрын

Exactly, he's just another paid idiot saying what the rich people want him to say.

@goldiekoi935

2 жыл бұрын

@@mingdianli7802 he’s human like the rest of us why y’all think he’s the most genius economist to ever exist or that he always has some crazy insider information? He may have worked for the fed but he is barely even a millionaire.

@vagtech74

2 жыл бұрын

Are the home prices down?

"Bitcoin will not become an alternative form of money." It already is, ya dingus!

@pizzadoe7922

2 жыл бұрын

Outside ETH and BTC, the other top 5 market cap crypto are ALL USD stable coins. In fact, the collapse of UST pushed BTC down below 30K. There is no denying the VAST MAJORITY of the crypto community are just speculators wanting to make fiat money. Otherwise, these stable coins wouldn't have grown so large. If they really love crypto, not USD fiat, then we wouldn't be having a crypto winter right now because crypto is much cheaper. Bernanke is right. Most crypto buyers treat it as a fiat money-making asset, nothing more.

Of course he says this he’s part of the fed money system

Alternative title: Buy as much Bitcoin as you possibly can before it's too late

They said the same thing about the internet.

On BTC, he is contradicting himself by saying that it is used for under economy activities while at the same time he says that anonymity is at risk…

@TELEVISIONARCHIVES

2 жыл бұрын

That's not what he said

@stepanstieber

2 жыл бұрын

He is a clown.

Hey guys GOLD has value because you can use it to fight against cavities 🦷 🤣

@carolyntyler7601

2 жыл бұрын

🤣 🤑

Tesla stock is also not going to be money so I guess I should never buy Tesla stock. Dumb. Ppl will buy bitcoin because it serves a purpose that money doesn’t: it stores wealth.

Bitcoin is going to be used for illegal activities?? This guy is so far out of touch it’s ridiculous

@waldopepper3056

2 жыл бұрын

Tons of money laundering already takes place grow up

@ThomasSirianniEsq

2 жыл бұрын

@@waldopepper3056 your comment showed you know nothing about how it works

Coming from him, it would have been very surprising if he had said otherwise.

Here's the guy who said QE would be temporary...... and rates would "normalize" when unemployment dipped below 6.5%..... The "Patient zero" of the "new federal reserve".

the video is from 2012?

Bernanke in 2008 : "QE is a one time thing and then we'll sell the bonds back into the market" How is he even being taken seriously anymore?

@exiledhebrew1994

2 жыл бұрын

He is only here to defend his master's at the Fed. Ten percent rate of inflation month on month? Fiat dollar system is over. Only a matter of time before the common man figures it out

@anonymousAJ

2 жыл бұрын

The Federal Reserve issues securities (Federal Reserve Note) that trade at 98% discount. They are not being taken seriously in terms of their honesty or foresight. They are being taken seriously in terms of their ability to monkey with the system and to explain the monkeys to the rest of us.

@selfreder6283

2 жыл бұрын

For real

@jmiogo

2 жыл бұрын

He's not. But cretons like this crony still hold power.

It's really sad to hear Underground Economy

great interview

Store of value not currency

@singermanz

2 жыл бұрын

Except it has no physical utility so isn’t a store of value. Only worth what buyers are willing to pay (just like USD).

Fun fact. Bernie Maddoff and Ben Bernake are the same person.

He only states BTC as underground vs. used for remittance( with great reduction in fees) and in the future, with lightening, will be easy to pay. Only a small percent of GOLD is used for manufacturing and jewelry.

Not up to him. Market will decide.

Interesting to see that the jury has been struggling for quite some time to throw the Nobel Prize image in the trash. This man should be in jail!

How's gold doing? What was the price of gold in 2011, and what is the price of gold now? Pretty much the same, huh? Great investment, yeah....

IN SATOSHI WE TRUST

“Normal inflation in the future”. Kind of a muddy term there. Seems like in 2008, 2020 we pulled out from recession through quantitative easing- we don’t have this option now. Dragged out inflation our best case scenario here?

Awesome!

The good old days of cheap Fed money are over. Before buying any stock make sure the Price to Earning PE is less than FOUR !?! The 99% of S&P 500 are living on borrowed money and time !

Oh look the ex-central bank chief is pro digital dollar and anti BTC. Shocker…

And this guy helped put us in the current situation we're in. High debt, no growth, etc. I'd take his word with a grain of salt.

@darwel007

2 жыл бұрын

You don't like it because it hurts. And it is all true.

@mayor399999999999999

2 жыл бұрын

@@darwel007 Helicopter Ben has lost all credibility. He's making noise for his new book. That's it. He's a failure of this country.

@darwel007

2 жыл бұрын

@@mayor399999999999999 all that may be true but I see Bitcoin as evil and a scam. But I would probably feel differently if I had gotten in early. Hopefully kidding. What I don't like are the ruined lives of a zero-sum game that does not have any utility. I call your attention to the Black swan guy and his mathematical calculation of zero for Bitcoin.

@darwel007

2 жыл бұрын

I actually believe we should publicly ridicule people that market such products. But the list of charlatans would be so big it would make your head spin. All business activities where sellers have much more knowledge than buyers are essentially opportunities to deceive others. I say that as a salesperson who no doubt has found great advantage from that concept.

@mayor399999999999999

2 жыл бұрын

@@darwel007 Regarding Bitcoin, I say diversify. Buy a little of all asset groups. BTW. I'm a late buyer of Bitcoin myself.

Cars will not become an alternative form of transportation, says retired horse farming tycoon.

He obviously hasn't paid very close attention to Bitcoin.

@ricomajestic

2 жыл бұрын

Have fun investing in Tulips!

It already is alt form of payment and more.

Bet he's buying the dip tho

Ben Bernanke, Douglas Diamond, and Philip Dybvig won the Nobel Prize in Economics today for research on banks and how society deals with financial crises. 💕☮🌎🌌

@JunkBondTrader

Жыл бұрын

yeah what a joke. The most undeserving winner in history. He's a corrupt financier who worked for the fed, and the only reason he slanders is because he knows crypto threatens people like him in financial power. He knows it's coming for people like him, and he can't stop it, but he's gonna do his best to hinder it and slow it down. The Nobel society is a complete joke at this point. This guy proliferates off a corrupt system. Slandering this tech is slandering a technology that will bring so much equity and fairness into this world, especially for those in developing countries. That's why places like Africa are adopting it at very high rates, faster than we are here. It's a way of removing the corrupt middlemen from our financial system. To slander crypto, and knowing full well what it is as I'm sure he does, is not only wrong, it's straight up evil. This guy doesn't care about humanity, he cares about protecting the system that has made him wealthier, and the poor poorer. Guys like this don't care how wide the poverty gap becomes. What has his research on the great depression done for our world? Why would he win the prize for that? Obviously it didn't help, look at the economic crisis we're in. If awards could be given anonymously, Satoshi should be the real winner. His creation is much more advanced, forward thinking than this guys damn research that didn't do anything. Satoshi changed the financial landscape permanently and for the better. It HAS made a huge difference and eventually will transform economics profoundly, and for the rest of time. Not only that, the proliferation of blockchain technology goes beyond finance, it will transform many industries for the better, it will make our world more secure, and more productive. It may well prove to be the most profound creation of all time.

I wanna be head of the central bank but where do you start?

Did he just say the underlying value of bitcoin is ransomeware?

@mayor399999999999999

2 жыл бұрын

Yes. 😂🤣

I love these type of titles that eventually get proven wrong and make the person look foolish.

Ofvourse He will have nothing encouraging to say about change that is inevitable. Stagecoach companies said the same about the model - t ford

Bitcoin will be king

@0845530035

2 жыл бұрын

Xrp

Bernanke my guy, we got Monero for illicit activities. Not bitcoin lol

Only an idiot would ask a bankster about the thing designed to destroy Central banks.

They said on CNBC that 55% Americans think that FED is Luna park *Andrew said this morning 😉

Fill cavities is among the many other things that gold is used for.

Why would you ask this guy about bitcoin? It is obviously out of his depth and grasp. Watch and see,

Wisely didn't try to defend fiat as a store of value.

35 % Gains Week. * FFIE.. Faraday Future FF 91 Ultra Luxury AI tech Zero Gravity Seats, Spa Function, 1,050 hp SUV EV Arriving 3rd quarter 2022. All 2021 Financials filed with Nasdaq.

we need to peg the next algorithmic stable coin to the price of celery obviously.

Why do Cnbc keep bringing out these failed ex fed chairman and policy advisors, as if they have anything valuable to say now.

When it comes to the world of investing, most people don't know where to start. Fortunately, great investors of the past and present can provide us with guidance 💯

@kerryscotson1911

2 жыл бұрын

My first investment with him gave me the assurance that has made me invest without the fear of losing, I got four of my friends involved with him already

@aishatuindoahmad4365

2 жыл бұрын

Really you know him also he's my account manager I started investing with him for one year now

@davidbernard505

2 жыл бұрын

I’m from Toronto ontario Canada Canada 🇨🇦 I connected with him and he has helped me a lot, he makes so much profit for me he is a FINRA agent, the best I can invest with so far ever since I came across expert Mr Ferdinand my bad turned out being good and profitable he made success earlier than we thought.

@alidickerson6209

2 жыл бұрын

Please guys is there any way I can reach Mr Ferdinand this sounds so helpful and i would love to win also 🙏🏻

@alidickerson6209

2 жыл бұрын

@Jessica Tova Thanks i will contact him right now

In retrospect QE has essentially become a defacto monetization of government debt - the size of the Feds balance sheet keeps on ratcheting higher every time there is an economic or financial crisis. Of course our policy makers will never honestly admit that this is what has happened. Neither will they admit that there is any connection between extensive QE and the inflation we are experiencing now. Their credibility is eroding to say the least.

Nobody knows what will used for money. Some people say Gold is still be used as “money” Other than countries spending millions to ship it,absolutely know one uses it on a daily basis,nor does anyone want to except it, It’s a hassle. This guy obviously has no clue or is not paying attention

@Foomanlol

2 жыл бұрын

Yup. Gold is useful but you can't transact with it in a digital world and basically nobody other than rich people do it. Even if you do it you can't even know if its real or not.

The problem with this view is the word replace, when btc was being conceptualized, it was more of a way to bridge currencies, to become a global currency to agilize the speed of transactions of value and avoid the double spending in the current model , the problem with that is the dollar already acts as that global currency. The speculative nature is just a consequence of the organic and rapid adoption , and the obvious price growth it has shown because of that over the years, but make no mistake, the price of btc isnt as important as its purpose (democratize value and exchange). All the narratives against it like the one that puts btc as a tool for crime it's just a falace fabricated to avoid it's final purpose, that could be said about every type of currency or even valuable possesions that can be considered as an asset like diamonds or gold for that matter, cartels and terrorist most likely use dollars or other fiat currencies not bitcoin in most of their operations, if well regulated, bitcoin could help rather than harm the current economic model, and far from taking the dollar supremacy away as many think, it could act as a sort of firewall and or equalizer, as btc would take the most pressure of the dollar as the standard, the dollar could thrive given the us still is the defacto global power, other nations have noticed and have taken advantage of those hits the dollar takes every time the global economy is in shambles. The fed is most likely aware of everything and currently is taking a very necessary risk analysis to see if xrp, being the more "controllable" or centralized of crypto assets, could take that place btc could / should have as the bridge between currencies, a p2p model, where you still have to convert btc to your currency in order for the model to work as not everything can be paid with cryptos as of today. If btc is to become a global reserve or proxy for value and other crypto the currency bridge, is yet to be seen, but the main goal it had on it's inception remains the same, and it's getting to big to control or avoid. The short term outcome and challnges this could bring are neccessary, the way we are governed and we do bussiness is about to change forever wether we like it or not, the next phase in civilization is upon us, and it's a contradictory mix of those that preceed capitalism and socialism that totally disregarded each other, finding a middle ground between the commonwealth and the venetian model where commerce and wealth was intrisically and purposefully binded to the state, taking the best of these two opposing models that came out of the neccesity to counter each others influence, lies something better and most importantly, achievable, we need to go back to move forward in some ways, so to speak. The leader figure has to be totally demistyfied and sistematically limited by its facculties, and thats what btc as a technology could achieve, to level the field by default to a point, that If one nation or their leader choose to be left out because of political or religion/ideology agendas, it could only hurt them, that way they cant directly affect value, or at least the capacity to do so its way more limited. Regardless btc its still on one of its earliest adoption phases, governments can make it easier on themselves accepting and crucially guiding adoption, or face the consequences of betting against it.

@rejectionistmanifesto8836

Жыл бұрын

This criminal who oversaw the collapse of the Ametican Rcovony in 2008 which was papered over with trillions in artificial inflated money supply with no real economic growth, now dares to give advise.

Just add a couple more zeros in the computer Mr. Bernanke.

Despite the economic downturn,I'm so happy☺️. I have been earning $ 60,000 returns from my $7,000 investment every 13days's

@Dante-pj4hn

2 жыл бұрын

Actually I trade cryptocurrency on a platform, with assistance from their top crypto experts. Mrs Sasa Hilson is my professional assistant, I have been trading with her for 8 months now... I've really made a lot from her strategies in trading of cryptocurrencies.

@diegoferdrick2654

2 жыл бұрын

Invest in Bitcoin, Gold, silver,buy stock, forex market, anything just invest and save yourself.

@hildamorris2102

2 жыл бұрын

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Hilson I think she is the best broker I ever seen

@hildamorris2102

2 жыл бұрын

课程 ➕𝟭𝟴𝟲𝟯𝟮𝟯𝟬𝟵𝟴𝟳𝟰中國

@larryo6874

2 жыл бұрын

No you haven’t….

funny. Wasn't every currency an speculative asset at one point? LOL

These guys don't like something that is an alternative to their corrupt central banking.

A guy who let the people take out mortgage on dog name and introduced subprime mortgages would not tell the truth never. Take opposite of what he said. 😉

@joemac1290

2 жыл бұрын

It wasn't Bernankes' fault. Bush and Wall Street caused that crisis.

Crypto is a scam ... don't feed the whales.

Old people don't get it

Bitcoin is already an alternative form. Lol.

First, they will ignore you, then they will laugh at you, then they will fight you and then you win

please ignore all the spammers/scammers below who tell you their trading accounts have blown up after being introduced to "fill in the blank". They then have fake followers post replies affirming the trading guru named "fill in the blank". I hope the SEC goes after these scammers who trick people into investing with these fakes.

Tulips

@johnnicholson7026

2 жыл бұрын

Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade.

@user-eg8ft6hd1z

2 жыл бұрын

I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Debra Dianne Brooks.

@leiwei4283

2 жыл бұрын

How do i reach her?

@user-eg8ft6hd1z

2 жыл бұрын

@Lei Wei tell her i referred you

@bobbyguyen5495

2 жыл бұрын

trades, they were magical. First I tested them out with a demon account and they were doing good, I went ahead to use them on a live account, and I have over 5 btc to show for it...

Bitcoin reminds me of the pet rock.

Why would someone want to use a public ledger for illicit activities in the case of Bitcoin. Makes more sense to use cash or other crypto.

@singermanz

2 жыл бұрын

Yep.

Ok boomer. This guy’s opinion on btc means nothing. He has not put in the work. Sorry bud.

Strong meaning ppl still spending money on none since

if you are trying to be kind to Bernanke you would just call him a liar

it wont if the former fed economy crasher has a say in it

can we get a body language expert to respond to this?

He has no idea

Is gold money? No. Okay.

There are two sides to every coin...

The irony is that the Great Bernank gave birth to Bitcoin

@Vkob

2 жыл бұрын

The irony is BTC is fiat too.... the hilarity is btc proponents can't see that as obvious

@michaelc1063

2 жыл бұрын

@@Vkob Nope

@Vkob

2 жыл бұрын

@@michaelc1063 typical bitcoin bro argument. One word, no facts...

@michaelc1063

2 жыл бұрын

@@Vkob whats going to be your excuse when digital gold reaches 100k?

It already is

He must own Bitcoin. Unfortunately, it has no intrinsic value, nor performs any function that wouldn’t occur in its absence.

He hates btc because it replaces him

Gold lasts fiat money does not.

news for this guy it already has for been for years I use it as money daily

He is really that misinformed about bitcoin.

it already is...

His lack of knowledge about bitcoin is stunning, and in particular, it's underlying value.

@larryo6874

2 жыл бұрын

Bitcoin underlying value down 55% from six months ago.

@user-wu4bo1hz3p

2 жыл бұрын

@@larryo6874 and...? What's your point?

@larryo6874

2 жыл бұрын

@@user-wu4bo1hz3p My point is that crypto supporters are criticizing Bernanke’s views that crypto wasn’t and isn’t the next new thing. I was pointing out that I think Bernanke may very well know what he is talking about since instead of crypto going up 500% which many crypto believers insisted would happen over a year ago instead has gone down 50%.

@user-wu4bo1hz3p

2 жыл бұрын

@@larryo6874 Thanks for the clarification, which shows you don't have even a basic understanding in this area. I say that matter of factly, not to be offensive. First, underlying value has nothing to do with price. Second, it goes up 10x (1000%) every four years or so with 80-85% variance. The simplest way for you to understand the price movement is to look at a log chart. Currently it will move between 10k and 100k. 4-5 years from now, 30k versus 70k will be irrelevant because we'll be looking at variance between 100k and 1 million, just like 4-5k, which was six years ago, is now irrelevant. Wise up.

@larryo6874

2 жыл бұрын

@@user-wu4bo1hz3p You might want to listen to Warren Buffett who calls Crypto “Rat poison squared”. I think Bitcoin could be an alternate form of currency but the days of huge price increases in Crypto making people millionaires are over.

Im not sure this guy knows what bitcoin is

No, the economy is NOT strong Ben.

😂😂😂😂 time will tell who either is right or wrong

Screw the damn FED

Illegal or illicit 🤣🤣🤣. All old generation have same thoughts. It is a store of value and a good one

Employers can't find workers because they're sitting on their coach, not because the labor market is so strong.

@BendItMakeItClap69

2 жыл бұрын

Or companies can’t afford to hire employees due to more operation expenses. Due to a lot of people being dependent on the government with EBT, Monthly allowance people have been getting with kids, stimulus, large unemployment payments in the beginning, etc. I agree with you based on these instances.

This guy is wrong about bitcoin…