Federal Reserve Chair Powell testifies before the Senate committee on monetary policy - 7/9/24

Federal Reserve Chair Jerome Powell speaks Tuesday to the Senate Banking Committee as part of his semiannual address to Congress on the state of the economy and monetary policy.
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Federal Reserve Chair Powell testifies before the Senate committee on monetary policy - 7/9/24

Пікірлер: 220

  • @HugoBergmann-lu4nd
    @HugoBergmann-lu4nd23 күн бұрын

    First off, the belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?

  • @StocksWolf752

    @StocksWolf752

    23 күн бұрын

    Although the market is currently volatile, aren't the current valuations a result of the Federal Reserve's monetary policy and low interest rates? Therefore, my recommendation is that you consult a financial advisor who can give you entry and exit points for the shares or ETF that you are interested in.

  • @LiaStrings

    @LiaStrings

    23 күн бұрын

    Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.

  • @cowell621

    @cowell621

    23 күн бұрын

    Could you recommend your advisor? I'll be happy to use some help.

  • @LiaStrings

    @LiaStrings

    23 күн бұрын

    The advisor that guides me is Sonya lee Mitchell, most likely the internet is where to find her basic info, just search her name. She's established.

  • @BateserJoanne

    @BateserJoanne

    6 күн бұрын

    Thank you so much! This is exactly what I needed right now. I wrote her an email and am waiting for her reply. Hopefully, she responds soon. I plan to start the year on a strong financial note.

  • @marys9028
    @marys902825 күн бұрын

    I just want my yotta money bro…..

  • @jlam3927

    @jlam3927

    24 күн бұрын

    What does that have to do with the Fed?

  • @jeffreymaki9292

    @jeffreymaki9292

    23 күн бұрын

    @@jlam3927 I read news sources calling it a banking app, but looks more like a gambling app to me

  • @extrapip

    @extrapip

    23 күн бұрын

    @@jlam3927​​⁠it’s partnered with Evole bank and the FED has supervisory authority over the bank

  • @chyhart

    @chyhart

    17 күн бұрын

    @@jlam3927 YOTTA is one of the banks affected by this, all our money has been locked out since May

  • @ismaelgonzalez7930
    @ismaelgonzalez793025 күн бұрын

    Anyone here from Yotta?

  • @boochiegangliltony

    @boochiegangliltony

    25 күн бұрын

    Yes

  • @yadidameng

    @yadidameng

    25 күн бұрын

    I'm glad I started spending the money I had in there. I was confused when it stopped working even though there's still supposed to be money left 😢 bummer

  • @doubtingT911

    @doubtingT911

    24 күн бұрын

    Yeah, like I said before, where's the "Beekeeper" when you need him?

  • @Mr.5ame

    @Mr.5ame

    24 күн бұрын

    ​@@yadidamengSame, I was lucky enough for my food to be free when I was eating out that night. I was embarrassed though

  • @dral22

    @dral22

    23 күн бұрын

    Yes!, we're here. I just need my freakn money so I can close my account. It's been months 😡

  • @LoriRish-
    @LoriRish-24 күн бұрын

    The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.

  • @albertzalez32

    @albertzalez32

    24 күн бұрын

    navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalized insights based on your specific situation and financial position

  • @CaroLewis-j8k

    @CaroLewis-j8k

    24 күн бұрын

    True, I always emphasize the significance of having an advisor. This has kept me afloat since the covid-19 outbreak and as of today, I'm just about 10% shy of my first million dollar after subsequent investments.

  • @Woodstev-

    @Woodstev-

    24 күн бұрын

    @@CaroLewis-j8k nice one! who is the professional that guides you please? enthused about investing for my eventual retirement but dont know how to go about it, for now I only invest in my 401k through my employer and gains are quite slow

  • @CaroLewis-j8k

    @CaroLewis-j8k

    24 күн бұрын

    Katherine Nance Dietz is the licensed FA I use. Just google the name. You’d find necessary details to work with and set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

  • @WEEKENDISHERE0

    @WEEKENDISHERE0

    24 күн бұрын

    insightful comments, curiously searched Katherine Nance Dietz on the web and at once found her page, no bs! she seems impeccable..

  • @stephd669
    @stephd66925 күн бұрын

    Powell is like HOW ABOUT YOU DO YOUR JOBS.

  • @Seanpfree
    @Seanpfree25 күн бұрын

    First-time home ownership is OVER. "Starter homes" are over 400k.. Average income is 60k. Wonder why Millenials and Gen Z are doom spending? Not getting married? Not starting families? Why is civil unrest growing while the wealth gap is larger than it ever has been in history? This economy priced us out and left us behind before we arrived. This doesn't end well for society at any socioeconomic level..

  • @2ferone86

    @2ferone86

    25 күн бұрын

    You know this has been happening for thousands of years, right? Just saying.

  • @breadfan2617

    @breadfan2617

    25 күн бұрын

    Nice of you to point out some obvious issues. Do you offer any solutions?

  • @captrockh2055

    @captrockh2055

    25 күн бұрын

    ​@@breadfan2617yea, get rid of Bidenomics .

  • @breadfan2617

    @breadfan2617

    25 күн бұрын

    @@captrockh2055 can you be more specific? I don't think anything the president current or former has had any significant impact on the economy relative to what the Fed has been doing. The Fed has stayed politically neutral, stayed focused on the indicators and brought inflation down without crashing the economy.

  • @DrKomaTrans

    @DrKomaTrans

    25 күн бұрын

    @@2ferone86 ye say welcome back comunism so we take back all to the hands of the people and then we start a new game of capitalism

  • @debraspossey4178
    @debraspossey417825 күн бұрын

    I cant believe Yotta can keep peoples money and not make it available to them. I have very little money and used this as my emergency money. To my surprise when i tried to withdraw it because i didnt groceries it wasnt available to me!!! I need my money

  • @UnoDosTres-iq2hv

    @UnoDosTres-iq2hv

    25 күн бұрын

    Another One Bites the Dust✅

  • @SVJROADSTER770
    @SVJROADSTER77025 күн бұрын

    Inflation is coming close to his 2% target. Instead of that ridiculous lie, he should give a list where he shops so everyone can see 2% inflation cause the stores I go into the prices keep going up around 10%. Restaurants are around 20%.

  • @bosswarrior90

    @bosswarrior90

    25 күн бұрын

    The 2% inflation just means that prices are going up at 2% yearly now. For prices to go down we would need deflation which would be represented by a negative inflation percent. The fed isnt trying to bring prices down by bringing the inflation percent to 2%. Theyre just trying to slow the acceleration of price increase.

  • @Fried52

    @Fried52

    25 күн бұрын

    You can blame Corp America. There is little justification for continued shrinkflation at this point. We have recovered from the disastrous crisis management of the pandemic from the Trump administration. Between the fiscal stimulus and investment of the Biden administration and the actions of the Fed we have the strongest economy with the lowest rate of inflation on the planet. Supply chains have been repaired and profit margins are at all time highs. Add to that the lopsided tax cuts Ryan got passed and Corp America balance sheets have never been in better shape. They need to share in there good fortune with the American consumer and not just there stockholders.

  • @Fried52

    @Fried52

    25 күн бұрын

    You can blame Corp America. There is little justification for continued shrinkflation at this point. We have recovered from the disastrous crisis management of the pandemic from the Trump administration. Between the fiscal stimulus and investment of the Biden administration and the actions of the Fed we have the strongest economy with the lowest rate of inflation on the planet. Supply chains have been repaired and profit margins are at all time highs. Add to that the lopsided tax cuts Ryan got passed and Corp America balance sheets have never been in better shape. They need to share in there good fortune with the American consumer and not just there stockholders.

  • @Fried52

    @Fried52

    25 күн бұрын

    Biased Tube moderators won't let me post a reply. I tried to respond to you at the top of the page.

  • @racistpixel1017

    @racistpixel1017

    25 күн бұрын

    ​@@bosswarrior90 in last two years prices tripled!!! Thats not 2% at all xddd

  • @huntercricket-tb2dr
    @huntercricket-tb2dr25 күн бұрын

    No rate cuts. We need prices to come down and not interest rates. Rates need to stay high until this everything bubble implodes and all prices come down.

  • @MichaelSwg
    @MichaelSwg25 күн бұрын

    Love that opening speech from Senator Brown

  • @Johnaguirrehomeloans

    @Johnaguirrehomeloans

    25 күн бұрын

    It would appear that he has never opened an economics book.

  • @MBarberfan4life

    @MBarberfan4life

    24 күн бұрын

    Which was then refuted by Powell later on.

  • @sps6
    @sps625 күн бұрын

    Mr.Powell has done a great job, withstanding tremendous pressures from politicians to rate cut last one year....looking at economic situation month of august 2024 would be the first rate cut post the central bank meeting..

  • @Pur3lybo0ty
    @Pur3lybo0ty25 күн бұрын

    Funny Mr Brown said if Wallstreets bets go poorly which they often do. I know he is referring to actual wall street but isn't the irony beautiful that R/Wallstreetbets was known for degenerate bets and gambles? Also what is the point of these meetings if Powell is going to repeat the same thing over and over again?

  • @nickjohnson7322

    @nickjohnson7322

    25 күн бұрын

    Incredibly, caught me off guard before I was listening carefully

  • @hercules8879

    @hercules8879

    25 күн бұрын

    Yeah he doesn't answer anything then straight up lies to act like everything is fine

  • @HS-uv6yf

    @HS-uv6yf

    25 күн бұрын

    @@Pur3lybo0ty The guy is the least assertive fed governor I've seen. Guy has no credibility and no balls. Man up and say something different. He's a black hole.

  • @rimacalid6557
    @rimacalid655725 күн бұрын

    Is this the big bubble we were waiting for?

  • @WhatInTheHustle
    @WhatInTheHustle25 күн бұрын

    People are too busy listening to Plies political views on IG instead of tuning in to stuff like this 🤦‍♂️ This is why the economy is doomed

  • @matteo5392

    @matteo5392

    21 күн бұрын

    They take advantage of it cause they know people don’t know

  • @hercules8879
    @hercules887925 күн бұрын

    Dude lies his ass off. Then one day he's just gonna be like yup recession time

  • @breadfan2617

    @breadfan2617

    25 күн бұрын

    Who are you talking about?

  • @paduchurirajashekar

    @paduchurirajashekar

    25 күн бұрын

    you realised early dont tell anyone its a secret 🤣🤣🤣

  • @satoriasimov9169

    @satoriasimov9169

    25 күн бұрын

    What is he lying about ?

  • @breadfan2617

    @breadfan2617

    24 күн бұрын

    @@satoriasimov9169 who is lying and what are they lying about?

  • @Fried52

    @Fried52

    24 күн бұрын

    People have been calling for a recession since Biden was inaugurated and all that's happened is we had the strongest recovery with the lowest inflation rate of any of the G-20 nations.

  • @ananas267
    @ananas26724 күн бұрын

    Warren is like an angry granma

  • @ananas267
    @ananas26725 күн бұрын

    How come nobody asked whether increasing rates during a housing shortage would accelerate the increase of housing prices and therefore make housing even more affordable than currently?

  • @nick77353
    @nick7735325 күн бұрын

    What a joke! Do these fools think we are dumb? Stop spending money we don’t have, stop printing money, stop sending money overseas, stop forgiving debt, start taxing corporations their fair share, start locking up criminals that are stealing from retailers, stop allowing corporations from buying up houses in America! Stop pointing fingers, both parties are 100% guilty and both parties have done nothing in the last 20 years to improve our situation.

  • @Mewwwwwwwwwwwwwwww

    @Mewwwwwwwwwwwwwwww

    21 күн бұрын

    Hi Nick What happened actually!! Why u so angry?

  • @Fanimik
    @Fanimik25 күн бұрын

    Corporate government and FED👺👺👺👺👺

  • @typicallynotawake9911
    @typicallynotawake991125 күн бұрын

    these guys cant stop asking Powell political questions

  • @Pepening

    @Pepening

    25 күн бұрын

    they can stop asking him stupid questions also

  • @sloppyjoehillups
    @sloppyjoehillups25 күн бұрын

    “too much month at the end of the money”. Thanks Mr Scott. @ 12:44

  • @investfourmore
    @investfourmore25 күн бұрын

    High interest rates do not lower housing prices. They have never lowered housing prices. There are multiple studies that have shown they don't lower prices. Yes, high rates lower demand but they also lower supply. They stop people from selling and they stop builders from building. The 1970s saw some of the highest rates increases and also had the highest appreciating real estate prices. Yes, higher than what we have seen in the last decade.

  • @huntercricket-tb2dr

    @huntercricket-tb2dr

    25 күн бұрын

    You are wrong

  • @investfourmore

    @investfourmore

    25 күн бұрын

    @@huntercricket-tb2dr how so?

  • @karabinb4514
    @karabinb451425 күн бұрын

    How the hell can you say that labor markets are balanced?? When there is no manufacturing market, and you add government jobs?? How is this strong and balanced??

  • @dogmaticchains6564
    @dogmaticchains656424 күн бұрын

    Just words! It’s been 2 months now.

  • @ThomasMusto
    @ThomasMusto25 күн бұрын

    Rate cuts will NOT HELP until you stop INSTITUTIONAL INVESTORS from buying SINGLE FAMILY HOUSING. Enact legislation that forces institutional investors to sell their current inventory and stop the future purchases from them as well. Supply will rise, cost will drop significantly, and rates WONT MATTER AT THAT POINT. These people are so incompetent it’s beyond belief. We literally have morons running every aspect of government.

  • @alistairwatson4105
    @alistairwatson410523 күн бұрын

    19:59 ... my god. this is the start LOL

  • @yadidameng
    @yadidameng25 күн бұрын

    No wonder my card stopped working. Dang.

  • @SW-li7gd
    @SW-li7gd25 күн бұрын

    The rate is high because of US global strategy to attract capitals, not for domestic consumers.

  • @kurtphilly

    @kurtphilly

    25 күн бұрын

    What? The U.S. economy is driven by the U.S. consumer, full stop. That is why foreign investments are made. The IRA with green energy credits has made it more beneficial for foreign companies to build in the U.S. than at home.

  • @Freedo1234

    @Freedo1234

    25 күн бұрын

    Sole purpose is to rip off money from other countries

  • @yocobicus
    @yocobicus13 күн бұрын

    We are passing corporate greed super-fast. I would say a lot of goods, services, and loans are getting closer to usury; Than being a helpful building block.

  • @MrBiggerdaddio
    @MrBiggerdaddio25 күн бұрын

    what comittee? aint nobody there to testify to!

  • @chadlovato1759
    @chadlovato175924 күн бұрын

    Mr. Cramer meant to say - “Chair Jerome Powell your temperament is something to be admired”

  • @ec_money
    @ec_money14 күн бұрын

    Remember, money is the one thing that isn’t partisan in congress

  • @freestylefranc2653
    @freestylefranc265325 күн бұрын

    mr.brown opening statement Nailed it!😂

  • @user-kc2ct4fh7f
    @user-kc2ct4fh7f25 күн бұрын

    These people think Powell should have the answers to questions on info that he's not responsible for. They need to do their own jobs or better yet, retire.

  • @danielstone869
    @danielstone86925 күн бұрын

    What was that part the chairman Brown asked the chair about Evolve? Why did that seem like he was saying help my friends at Evolve or we'll come after your job?

  • @yocobicus

    @yocobicus

    13 күн бұрын

    Also could have meant “Squeeze Evolve until they balance this. Its Evolve’s fault SynapseFi ran away with X amount.” My two cents, SynapseFi got Evolve into this mess. But Mr. Brown could be suggesting that it was Evolve’s call to duty to watch over the deposits. Which means its Evolve’s duty to say back in the day something like “SynapseFi you are looking unbalanced or riskier. You have a limit of 2 months or 2 million unbalanced. Which every comes first to figure this out. If you don’t …… cut off from funds, Evolve will have to balance it for you SynapseFi and SynapseFi you will have to pay the fees it took to balance it” and not wait until $112 million from just yotta for this to hit the feds radar.

  • @sandrakuo6993
    @sandrakuo699325 күн бұрын

    Do we have an inflationary problem or consumer spending habits problem?

  • @NancyLi-w1k
    @NancyLi-w1k25 күн бұрын

    If Kodak stock price is a beautiful mistake, how should we think about Kodak stock's return in value? Personal opinions, not investment advice🎉

  • @tokenomics1233
    @tokenomics123325 күн бұрын

    Senator Katie Britt from Alabama is a G. very smart

  • @GANAPATIIIII
    @GANAPATIIIII25 күн бұрын

    The paper money supply - is just too great and I think its best to purchase junk silver now - because it will never be worth zero - Best to prepare without breaking the bank - 👀

  • @proletariat33
    @proletariat3325 күн бұрын

    inflation: i'll be back

  • @djdna0746
    @djdna074625 күн бұрын

    Jerome Powell sure love showing his Rolex ⌚️ 😅

  • @ronjr831

    @ronjr831

    25 күн бұрын

    He does. Is he part of the problem ? Or do you just like his fancy watch

  • @JesusChrist-xd2sd
    @JesusChrist-xd2sd25 күн бұрын

    The USA is heading towards a recession soon unemployment will be at 6%. Housing will crash 30%. You can’t spend your way out of this one if you do inflation will accelerate back to 9%

  • @doubtingT911
    @doubtingT91124 күн бұрын

    Where's the "Beekeeper" when you need him? When Silicon Valley Bank collapsed all the millionaires were made whole beyond the $250k FDIC guarantee. The working class who put their trust in Yotta/Evolve Bank don't get squat.

  • @mmm-cake
    @mmm-cake25 күн бұрын

    People should be required to be nicer when communicating

  • @captrockh2055
    @captrockh205525 күн бұрын

    Nothings - Built, Nothings Back, Nothings Better.

  • @994pt4
    @994pt425 күн бұрын

    I don't care what he says. All I know is BTMFD and get as much of that EZ PZ FREE FED MONEY as you can! Thanks for all that FREE MONEY JDADDY!!!

  • @sirreginaldthe4th
    @sirreginaldthe4th25 күн бұрын

    Both kennedy and warren were pretty terrible. They're all catering to their voter base but those two were particularly bad.

  • @karabinb4514
    @karabinb451425 күн бұрын

    How about going after to regulate these private equity companies!! Plus make it impossible for former Congress and senate leaders from going to these such corporate companies especially if they are in office this. As the ONLY putting bills in place for the surprise bill is not enough..congress/senate and the president are at fault for NOT setting a budget and sticking to it!!! 😡😡 this government is way to big!! And needs to drained!! I don’t understand how such regulations such as student loans can be forgiven isn’t this unconstitutional??

  • @yrp237
    @yrp23725 күн бұрын

    Home prices are not going up....its the value of the currency that its priced in thats going down. Please understand that!

  • @jsr3234

    @jsr3234

    25 күн бұрын

    In the last year Inflation is down while home prices have been steady increasing. So yes, home prices are going up.

  • @kurtphilly

    @kurtphilly

    25 күн бұрын

    It depends where you live.

  • @yrp237

    @yrp237

    25 күн бұрын

    @@jsr3234 I didn't say inflation, I said the value of the currency. Yes its often tied to inflation. Debasement of the currency is what is occuring. The same dollars the used to buy a $150K house years ago now must buy a $485K house. That's how much our currency is being debased. The house did not appreciate, in fact its a depreciating asset as it ages. Remodels do add value but not 3X the purchase price. It's not, never has, and never will be a good thing. We didn't have any option before but to store our value in our homes & the society organized around pushing those prices higher with property taxes, etc. Now, we no longer need to store our wealth in our homes just to tread water in real terms. We now have an actual hard asset to store our wealth in that is programmatically designed to increase in value ever 4 years. It's math. Therefore, as more homeowners sell their homes & move their money to a safer place the air will come right out of the houses and the prices will decline as they should to the marginal cost of production. Slowly at first, then as others realize what's going in they'll all rush to sell their homes ASAP for the better asset before ALL their value is lost. It will be playing out over the next decade. Be careful out there! Get off zero, bitcoin is the solution. A house is only a home, not a piggy bank.

  • @arthurdean7224
    @arthurdean722422 күн бұрын

    Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities

  • @allieanderson6947

    @allieanderson6947

    22 күн бұрын

    Need his tg page right?

  • @allieanderson6947

    @allieanderson6947

    22 күн бұрын

    *@michaeltpin*

  • @allieanderson6947

    @allieanderson6947

    22 күн бұрын

    Credits goes to *Michael Hugh Terpin* , one of the finest portfolio managers in the field. he's widely recognized; you should take a look at his work.

  • @allieanderson6947

    @allieanderson6947

    22 күн бұрын

    Accurate asset allocation is crucial, and some individuals use hedging strategies or allocation of their portfolio to defensive assets for market downturns. financial advisory is vital for achieving this, This approach has helped me stay financially secure for five years, yielding nearly a million ROI

  • @brentonharrison8254

    @brentonharrison8254

    22 күн бұрын

    It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

  • @gustavomorales9213
    @gustavomorales921325 күн бұрын

    This feels like a rehearsed play for people so that we dont complain because our economy is strong and there are other advanced economies who aren't doing so well.. somehow, they dont talk about corporate control over the housing market.

  • @UmedGafurov-lk5ty
    @UmedGafurov-lk5ty25 күн бұрын

    Why does everyone wear Apple Watch in this meeting ?

  • @Nix_IoI

    @Nix_IoI

    25 күн бұрын

    Because they cant afford a way more cooler watch

  • @jlam3927
    @jlam392724 күн бұрын

    They're going to have to drop interest rates in a Trump Presidency LMFAO.

  • @Pmpk1n
    @Pmpk1n10 күн бұрын

    It’s been since May. I need my money from Yotta!!!!

  • @HappyUs0508
    @HappyUs050823 күн бұрын

    Give us our money please... We don't want to be homeless because of this.

  • @kanwaljitsingh432
    @kanwaljitsingh43225 күн бұрын

    Looks like Powell was falling sleep when Mr Scott was going on his long speech, rather then asking question.

  • @perrinpartee557
    @perrinpartee55725 күн бұрын

    Gas prices were just as high and sometimes higher 2010-2014 approx when WTI was $90+

  • @Fried52
    @Fried5225 күн бұрын

    @SVJROADSTER770 You can blame Corp America. There is little justification for continued shrinkflation at this point. We have recovered from the disastrous crisis management of the pandemic from the Trump administration. Between the fiscal stimulus and investment of the Biden administration and the actions of the Fed we have the strongest economy with the lowest rate of inflation on the planet. Supply chains have been repaired and profit margins are at all time highs. Add to that the lopsided tax cuts Ryan got passed and Corp America balance sheets have never been in better shape. They need to share in there good fortune with the American consumer and not just there stockholders.

  • @johnnyaza7908

    @johnnyaza7908

    25 күн бұрын

    It feels like nobody remembers how everything went down the drain due to the pandemic. This is the only realistic comment here. Thanks!

  • @christking2206
    @christking220625 күн бұрын

    This news must be true contingent to the representation of Law. Reminder:Every false statement stated about this matter will face serious repercussion.

  • @davidjinyi
    @davidjinyi25 күн бұрын

    Jerome Powell and Senator Reed are 71 and 73 years old respectively… they should retire and have more competent people running the country.

  • @taiamademaman
    @taiamademaman25 күн бұрын

    JP tried not to agree that the unemployment rate is ABOVE their projections for 2024, meaning according to them we are witnessing a 4.1 rate that is should just show by July 2025, meaning they are above their forecast and expectation. Bullish for the short term indeed.

  • @devinaudette9770
    @devinaudette977025 күн бұрын

    I can’t stand listening to these men who serve billionaires aim all of their anger at poor people. We need to send that money to billionaires not college debt.

  • @sirreginaldthe4th
    @sirreginaldthe4th25 күн бұрын

    Do they make supercuts of these committees with just Powel talking? What a waste of time. Any previous hearings on technology related topics like Facebook were mostly irrelevant too.

  • @Freedo1234
    @Freedo123425 күн бұрын

    Drop rate now spk

  • @Sammy-ej4pj
    @Sammy-ej4pj25 күн бұрын

    Puts on food services of America?

  • @seanmonear4917
    @seanmonear491725 күн бұрын

    I would remind Warren the same thing you are supposed to be working for the American people not the big banks...... Do your job quit wasting taxpayers money on your witch hunt against Bitcoin.... Just because you are to old to understand technology........

  • @GLCL
    @GLCL25 күн бұрын

    Clown show

  • @Pepening
    @Pepening25 күн бұрын

    All this is such a waste of time, senate asking the dumbest questions ever. Drilling j powell on monetary policy when the government spends absurd amount of money on things that don't matter. All I see are clowns putting someone in a hot seat.

  • @swamibr0
    @swamibr025 күн бұрын

    End the Fed. I’m not a bot.. we can’t end it immediately, but the power of printing money is single greatest driver of inequality known to man..

  • @kurtphilly

    @kurtphilly

    25 күн бұрын

    So what happens when we have the next financial crisis? 9/11, credit default swaps, etc?

  • @swamibr0

    @swamibr0

    25 күн бұрын

    @@kurtphilly you’re right. We’ve never dealt with a crisis without a central bank throughout the whole of human history. We can exist and prosper without a central bank

  • @994pt4

    @994pt4

    25 күн бұрын

    just leverage and BTMFD in equities and GET RICH! DON'T FIGHT THE FED!!!

  • @Fried52

    @Fried52

    25 күн бұрын

    Your going to get your wish if Trump is elected. Fed is toast. Read the 2025 plan. Only question, then what when the banks run wild again.

  • @CorporalNips

    @CorporalNips

    25 күн бұрын

    The fed doesn't print money, the treasury does.

  • @Eric-LDNIO8
    @Eric-LDNIO825 күн бұрын

    FED

  • @rameshnagarajan2196
    @rameshnagarajan219625 күн бұрын

    😂

  • @sumitsarkar3148
    @sumitsarkar314825 күн бұрын

    Elizabeth Warren just barked a lot

  • @MkhokellyMonde

    @MkhokellyMonde

    25 күн бұрын

    She Was Speaking Facts, Maybe You Are The B*tch

  • @PLASTICPIPE
    @PLASTICPIPE25 күн бұрын

    Is Mr. Reed drunk?

  • @googleebabienterprise908
    @googleebabienterprise90825 күн бұрын

    Wasting of time... he didnt have the answer

  • @LaviniaVianaDuarte
    @LaviniaVianaDuarte23 күн бұрын

    #RVN buy

  • @majiddogar2225
    @majiddogar222525 күн бұрын

    y wo bnda jo pori dunyia ko hila ky rkh deta

  • @legatoleyte5387
    @legatoleyte538725 күн бұрын

    And best actress award goes to Sen. Pocahontas. 😂 this easy folks if you read this comment; “You watch what they do, and Don’t do what they say.” All senators are answering to their Boss JP. And JP answers to his boss BIS the central banks of central banks, and the BIS also answer to their Boss which you and I don’t see that’s why they are the 1% behind the shadows also known as 13 Blood line Families.

  • @taniagarciaduenas2522
    @taniagarciaduenas252225 күн бұрын

    ❤Good evening America now if you have to walk on tiptoe you can't touch anything and immediately cure the inflation in America otherwise we will have an increase in GDP let's stay calm 🌍

  • @JHBNEWSandINFORMATION-dc9fr
    @JHBNEWSandINFORMATION-dc9fr25 күн бұрын

    Gas was cheap because NO ONE was driving. The supply was greater than the demand. Come on Scott...tell the truth.

  • @Fried52

    @Fried52

    24 күн бұрын

    Good luck with that!

  • @infolaishop3081
    @infolaishop308125 күн бұрын

    😂鮑威爾本來就不在意經濟,美元內涵價值持續掏空,綠色貨幣世界使用率會持續下降。 😂美國債務螺旋,登上世界巔峰,股票會漲就好。人民變成喪屍的機率越來越高。 😂歐盟、日本快成為美國債務調節的犧牲品,人民越來越苦。

  • @infolaishop3081

    @infolaishop3081

    25 күн бұрын

    綠色貨幣就像經濟細菌一樣,會侵蝕持有美債的國家經濟😂

  • @mesenburg
    @mesenburg25 күн бұрын

    Supreme being of time and space barks through the thunder Seems to be a lot of gambling going on down there

  • @Samuel-bh6ei
    @Samuel-bh6ei25 күн бұрын

    I have learned a lot concerning crypto progress this time and would like to join in. I wish I can get a good mentor....

  • @komplex6081

    @komplex6081

    25 күн бұрын

    Ligma Balls is a great mentor

  • @hercules8879

    @hercules8879

    25 күн бұрын

    Bot posts

  • @taniagarciaduenas2522
    @taniagarciaduenas252225 күн бұрын

    👉🍞👌What matters is to keep the Federal Company in the motto and balance the market, this moment is delicate god 👉🌾☝️