My father was a son of a German farmer. He’s been dead for a while now. He one time said to me that the problem with the people in this country is they don’t know the difference between want and need. I think they’re going to start learning the difference pretty soon.

@JuwanBuchanan

2 жыл бұрын

Americans have had it good for way too long in comparison to the rest of the world but the party is over

@Rnankn

2 жыл бұрын

I cringe in anger every time someone utters the completely inaccurate term of ‘demands’. Most consumption is consumerism. It is engineered and superfluous. Supply can and should be managed and ranked by importance, and demand can and should be managed by need. The mentality of abundance does not correspond with reality. I predict decreasing labour and increasing compensation on the supply side within a framework of industrial policy. And, on the demand side, more retail and public services, and a focus on sufficiency. The goal being qualitative and strategic growth that is stable, secure and sustainable.

@brugai8917

2 жыл бұрын

"i will take on mountains of credit card debt before i learn this!" - the average American

@larrypriser6413

2 жыл бұрын

@@JuwanBuchanan , Obama tried to convince us of that too, but the Trump economy proved that's not the case, if Government would get out of the way we Americans can show them how much better it can be, I was around during the Carter years and it was no different than now, but Reagan came in and got Government out of the way and released the American spirit, that's why you have Computers and microwave and all the other things that we take for granted now, were not done, we are just being held back!!!

@jaobidan2358

2 жыл бұрын

I agree...America doesn't just want Biden gone...They NEED Biden gone.

I don't know what this guy is talking about...I have been feeling inflation for the past few months. I haven't been able to fill up my truck for less than $100 for a while now. And as a farmer I need my truck...not like I can use a car. I don't need a holiday weekend to know that inflation is slowing killing everyone....

@evegreenification

2 жыл бұрын

Yes. I also cannot relate to this All American mom’s with apple pie at a cookout caricature. Instead of behaving as a programmable NPC, I actually keep all my neurons fired up and continuously surveil my environment.

@benjamin07420

2 жыл бұрын

Been feeling inflation for years, finally starting to peak tho

@brianpancza8500

2 жыл бұрын

@@benjamin07420 Been feeling it since 1/21.

@erickf899

2 жыл бұрын

very well put!

@tammyhance8603

2 жыл бұрын

Bow Hunter - thank you for all you do as a farmer! You are appreciated!

Why do i have this feeling that this so called inflation is only affecting the ill informed Americans, I've been reading up on recession and the market, apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mention a 32 year old that made $180k in 5weeks, how do I learn and apply these strategies, my portfolio has been stagnant for months.

@alwaysbusy7230

2 жыл бұрын

To successfully take advantage of the present market opportunities, you'd have to be a market pro or have one guiding you.

@hillaryflinch2334

2 жыл бұрын

Get yourself a FA. Mine is really helplng my portfolio maintain an unwavering and a progressive growth this red season. I’ve had about $ 120 k in proflts since April.

@cylondon8374

2 жыл бұрын

@@hillaryflinch2334 That’s great, your handler must be really good, I have seen testimonies of people using the help of investment advisors in making them more financially stable. Do you mind shedding more light on this person?

@hillaryflinch2334

2 жыл бұрын

@@cylondon8374 My advisor is DAWN MARIE GATTI found her on Bloomberg where she was featured and reached out to her afterwards. You can look her up online if you care for supervision, just search her name

@yolandagriffin2030

2 жыл бұрын

, sure advisors are outperforming the market and raising good returns but some are charging fees over fees....seeing that their services are in high demand more than ever....Seems more like extortion to me

Market declines, soaring inflation, a significant Fed interest rate hike, and rising treasury rates are all expected to result in greater losses for portfolios this quarter. How can I make money now in the erratic market? I'm currently debating whether to sell the million-dollar bond and stock portfolio I have.

@godof-ou1dw

Жыл бұрын

Focus on two key objectives. Learn when to sell stocks to minimize losses and maximize gains to start protecting yourself. Second, prepare to make money when the market turns around. I advise speaking with a broker or financial counselor.

@harod033

Жыл бұрын

Yes, I've been in touch with a financial analyst ever since I covid. Investing in trending companies is relatively easy today; the trick is determining when to purchase and sell. I started with a $300K reserve that was initially dormant; my adviser decides when to enter and exit my portfolio; since then, I have accumulated over a million dollars.

@Igorstravinsky788

Жыл бұрын

@@harod033 Can you leave your investment advisor's contact information here? I absolutely must have one.

@harod033

Жыл бұрын

@@Igorstravinsky788 I found Ruth Loralann Brennan on a CNBC interview, and I got in touch with her. She is directing me. She afterwards gave me entry and exit points for the stocks I'm interested in. If you need care supervision, do a web search for her.

@AustinReid09

Жыл бұрын

@@harod033 Insightful... I was curious after reading what you shared, so I Googled her name. I came across her webpage.

You'll really hear things when people start getting layed off. Imagine being layed off, having no savings, during 12% inflation and gas prices $5.00/gal.

@rajeshwerraomadoori2417

2 жыл бұрын

Damn you are lucky gas price today in sfo is 9$ for regular premium 10.45 😳

@8MunchenBayern8

2 жыл бұрын

they voted for it.

@domluln291

2 жыл бұрын

A 5 dollar girl sounds pretty deflationary to me.

@jjblack2830

2 жыл бұрын

“ A fool is known by his speech, and a wise man by silence.” (Biden 🖕🏿:-)

@coconut6839

2 жыл бұрын

CVS just started massive layoffs but sssshhhhhh

Pretty sure any Middle class American already knows they can't afford higher prices. Like... seriously. 4th of July won't be any different.

@frankyhonnolus5528

2 жыл бұрын

I am a middle class American and I can afford it. It’s all about having savings and living within means. You should be more specific about the group of people you’re referring to. They’re probably those who live from paycheck to paycheck.

@LazyCrazyGuy

2 жыл бұрын

​@@frankyhonnolus5528 yeah this is now and it may be true but the reality is that a lot of that savings can disappear very quickly when the dollar continues to dilute. Every American feels very comfortable because we have never lived through real inflation that will be on the cusp of hyperinflation. If we get to hyperinflation the middle class including you will be decimated. I'm crossing my fingers and hoping for the best but I have been talking about this for 2 years now and it's starting to become a reality. Don't fool yourself America is not what it once was. Only the very rich will be able to survive hyperinflation.

@tomroyse1540

2 жыл бұрын

@@frankyhonnolus5528 Middle Class Americans are hit hard by inflation no matter how much they have saved.The stock market will tank even more and all those savings and living below your means will not help if banks will not allow withdrawals or stocks lose value.Your net worth will tank if the dollar is worthless. Americans have gotten complacent.Our portfolio is diversified but my confidence in Biden and this administration is zero.

@lydiapawlak8564

2 жыл бұрын

@@frankyhonnolus5528 75% of Americans are living paycheck to paycheck!

@frankyhonnolus5528

2 жыл бұрын

@@tomroyse1540 Of course. I am not uber rich so hyperinflation can wipe out all my wealth. But before we get to the extremity I have savings that will last me years and if cash becomes trash I have precious metals for protection. Only thing I am worried about is the civil unrest and/or a war I can’t escape. I still consider myself middle class and prepared. Most people can do the same thing but they have been complacent. Too bad.

Inflation begins when dollars are printed. Printed dollars are a data input to the CPI. The CPI print is the feedback loop from printed dollars. Keynesians have been trying for decades to print dollars to create inflation-used as a signal to show the stimulus is working. Then before inflation gets entrenched, deflate by destroying printed dollars. The problem here is the Fed didn’t remove the dollars it printed to stimulate. So the higher prices are here to stay for a while. The dollar strength is transitory. You will see a weak dollar once those bonds the fed has on its balance sheet become difficult to sell as higher yielding assets will be more desirable to investors.

@Robertgriffinne

Жыл бұрын

I lost everything in the last recession and learned from it. I made sure to live below my means and save every possible dollar. I also invested correctly and diversely instead of buying material things, restaurant meals, and expensive vacations. I've been waiting all these years for the next recession so I can capitalize on irresponsible debt. If this video is correct, it will be a very exciting investment shopping spree for me

@PhilipMurray251

Жыл бұрын

Consider the economy as one huge engine that produces the life styles that humans live & prosper & create a healthy financially secure future for their families . Corruption, manipulation , creation of unhealthy political policy & diplomatic environments is a recipe for engine failure. People are equally losing money in the financial market in the midst of all these.

@wiebeplatt4749

Жыл бұрын

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire. Personally I hired ‘’Nicole Ann Sabin’’ a financial advisor who I copy her trades and with a good 7% in ROI monthly.

@PhilipMurray251

Жыл бұрын

@@wiebeplatt4749 I wish people can see things from this perspective sooner than later. Things are really going south and everybody is acting cool. How can one reach this advisor?

@wiebeplatt4749

Жыл бұрын

@@PhilipMurray251 Look her up on the web if you need guidance. People do not want to wake up to the reality.

We don’t have to wait thirteen days. We’re already feeling it!

@joevarga5982

2 жыл бұрын

Did you vote for Joe Biden?

@albrightcharles7404

2 жыл бұрын

Hi

@purplegirl8036

2 жыл бұрын

@@joevarga5982 no, tried to vote for trump but my process was delayed because I’m black and people assumed I was voting for Biden. So if you want to exclude people to I guess you get what you deserve.

@joevarga5982

2 жыл бұрын

@@purplegirl8036 Why are you answering a question meant for "Somebody's Grandma"?

This is the first time in my life that I actually consider the cost of gas on whether I take a trip in town or not. I'm not poor, but the times I actually start up my truck have dramatically dropped because most of the time I decide it isn't worth the cost of gas to go somewhere. Same with eating out. I'm sure I'm not alone. This is certain to further damage the economy in the long run.

@Ananymoso

2 жыл бұрын

I’m in the same boat my friend, crazy times.

@gregnixon1296

2 жыл бұрын

My family of four doesn’t eat out anymore. It’s not worth it.

@never2bknown904

2 жыл бұрын

It's not just you, the economic damage Joe's policy is causing goes way beyond the idiots he has in charge's ability to comprehend! No clue just how the butterfly effect will actually play out!

@LuE630

2 жыл бұрын

thats what you get for voting for Biden

@david9783

2 жыл бұрын

We haven't eaten out in forever. As for gasoline, my truck has a V6, and it is NOT great on gas mileage. I'd hate to be feeding a V8, much less a diesel.

We will only escape all of these problems when people start admitting and realizing that it was all done intentionally.

@washnon

2 жыл бұрын

sounds like a big nose problem

@lw1zfog

2 жыл бұрын

@@washnon you can say zionists

@garrettchristensen8074

2 жыл бұрын

Yes. Create the problem, the offer the final solution. Why else is shop lifting legal in insanely run cities? Or defunding police, or allowing open drug use. They can't be that stupid. It's all planned.

@jimj2683

2 жыл бұрын

The purposely crash they market regularly to make themselves super rich.

@scotty1269

2 жыл бұрын

@@cvcoco some know but many still believe the mainstream narrative .

*NO American* should ever forget that we were essentially both energy independent *_and_* a net energy exporter just 18 months ago..... 😎

@Jp-eo8mx

2 жыл бұрын

And no wars and no Americans and allies abandoned in Afghanistan and wide open borders. This administration is lying to us about everything even about who exactly is running our country. As far as I’m concerned we don’t have a sitting President at this time . Joes not mentally capable at all and we see this whenever he reads to us

@techguy9023

2 жыл бұрын

No American should forget the wisdom of the orange fool-bleach injection for covid. Everything he did and said was a lie. He wanted to be a dictator and overturn American votes to stay in office at any cost including destroying democracy. Chew on that for a while. He said Putin was smart. Remember?

@BarnsyBDC

2 жыл бұрын

how dare you speak of FACTS in 2022 ;)

@Constructkb

2 жыл бұрын

We still are, but it's a global energy market - oil prices went negative under Trump, remember? Do you know why?

@sentientghost

2 жыл бұрын

Yeah, those two things haven't changed and are most likely the reason we still have some of the cheapest gas in the free world. Hey, remember when *President Trump bribed the Saudis to cut oil production for 2 years? Yeah. That was cool.

In the the U.K. we are experiencing the same economic pain for the very same reasons as the USA. Shutting down the economy and printing billions upon billions of dollars (pounds in the U.K.) backed up by nothing, along with “going green” is destroying our economies along with many others in the world. I remember reading about the coming inflation and supply chain issues when the lockdowns first started. All predicted and all avoidable.

@Brandonhayhew

2 жыл бұрын

Well many of us, foresaw how crap was going to hit the fan

@chillwill5080

2 жыл бұрын

You have a lot of illegal immigrants to support just like all Western countries that refuse to enforce their immigration laws. Sorry for ya mate.

@chillwill5080

2 жыл бұрын

@Ben72 Australia is opening new coal mines and rail lines to the ports to supply all the new Chinese coal plants being built.

@Aristocratic13

2 жыл бұрын

Idk if it was avoidable

Who knew shutting down the entire country for two years and printing trillions of dollars would have a negative impact...

@tinastanley4444

2 жыл бұрын

Who knew?

@johnp7739

2 жыл бұрын

And declaring how on domestic energy production--making it very hard and expensive to drill and refine our own oil. High energy prices make everything else more expensive.

@Whitedove6

2 жыл бұрын

True 🙄

@haroldrogers6566

2 жыл бұрын

I did. But I’m a nobody American Citizen with savings in the bank. 😳😁

@bruceh6353

2 жыл бұрын

Never mind all the other nonsense the number one catalyst by far is as you have said, Poeple seem in denial and willing to grant a pass to the politicians responsible .

I don't think folks have to wait till the forth of July to figure out it's costing them a lot more money to fuel up and buy food.

@yuanruichen2564

2 жыл бұрын

The US has lost its appeal, it used to have cheap housing, cheap food, cheap gas, cheap cars and low taxes among developed nations

@millenniumman75

2 жыл бұрын

I went out to dinner for my birthday on Monday. The restaurant charged $8.99 to add the salad and soup bar to the menu....and it was maybe 60% filled up. I hadn't been in a sit-down restaurant in six months. My mother went into shock when I got the bill (Frisch's Big Boy) of $54 for the salad bar, meal, dessert, and drink. She reminded me that 1981 was a rough year (I was 6). I told her that Biden makes 1981 look good. It took Trump to get us out of the Obama recession, and it took Reagan to get us out of the Carter recession. And the country will really want to know what happened with the 2020 election and the mail-in ballot fiasco. Multi state, multi-law issues. It will take a Red Tsunami to right this Bidentanic!

@kenneth4685

2 жыл бұрын

Wow... That was a pricey meal. It's the restaurant owner /employees that will suffer in the end because most wont go back for a second round at that cost. If our bright politicians don't fix it soon , Massive job loss/business closures will be next. I go to mickey d's for a sausage biscuit/coffee for 3 bucks couple times a week and that's my treat out. Like you said .... Maybe a red wave will fix it... that's looking like our only hope at this point.

@Biden_is_demented

2 жыл бұрын

@@millenniumman75 Nice gasligthing. But even for an outsider it is evident that your problem is not one party, it is BOTH parties. In your little timeline you clearly forgot to include that Bill Clinton had curbed the national debt and left office with a budget surplus, that was immediately squandered by the Bush administration. The trademark of a biased person is always the way they overlook their own side´s accountability and responsibility. Don´t be such a person. America´s problems need to be shared by both parties, because both had a hand in creating them.

@PCai2012

2 жыл бұрын

Yup.. I think US citizens already enjoy consumer price hike triggered from O & G price. This poll guys seems like full filing his contract gov to prolong people feels that they are still in comfort zone. His supposed to wakes up US citizens as much as he can before things get out of control. It's because US economy it's so big that people doesn't realize huge impact will hit them very fast after all the sign has merge & all precautions will be to late.

In ALL of my 81 years, I have never seen this country in our current overall shape!! Never in my wildest dreams did I expect to see our country so divided and with no middle ground!! Never have I seen this level of outright lawlessness with nothing being done to stop it!! I never imagined that our southern borders, there to protect this country literally being destroyed and overrun..I saw this with my own eyes. On that day, I saw about 15 men walking down a railroad track (in south Texas), going north, caring 1 gallon water plastic jugs each and a kind of home made back pack!!!! So, what are we doing to fix any of this stuff??? Nothing!! This administration is as flat as a pancake and absolutely doing nothing constructive it seems!! It is as if they are trying to harm America for some reason, but why?? Absolutely incredible failure!!

@matvei15

2 жыл бұрын

Well said, Captain.

@tempest411

2 жыл бұрын

Or maybe this is all just a result of factors that are beyond what can be expected of any politician. Let the free market find the solution. The solution will come if it's a financially sound one in the market place. If it doesn't, perhaps it will force everyone to look in a mirror and reexamine the difference between a need and a want.

@danieldoucet9121

2 жыл бұрын

@@tempest411 People need to eat a slice of humble pie, the longer they wait the worse it will taste.

@by_grace_through_faith

2 жыл бұрын

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@MrRaybrown007

2 жыл бұрын

I feel the administration want this to happen.

After being in business for more than 40 years I can only give this advice this to turn the tide and avoid the phantom of economic fall down. : A business needs to invest again and over again for the future to come , so does a country on a larger scale meaning : invest in better infracstructure, invest in better schooling education, invest in better basic health care, invest in technological research, make higher education affordable for anyone, it all costs a lot of money but that is all well spent on the long run. US and Europe can no longer compete with China or low paid jobs cqountries and we can't blame the Chinese for working 12 h a day like hell. We can only survive by know how and manufacturing high ingeneered products with patents and protection against copy right like we do in Europe and a ' plain equal field' and honest business with our competeters who steal or copy our research and sell it again at lower prices. The US better be aware to form a massive block with Europe, Canada and other western nations on ' fair trade ' and join all forces and efforts , otherwise China will become the most important economic power in the next years to come ... and will rule the world and tell us what to do and not to do !Economic power goes along with military power and God forbid we ever have a conflict again with China which has become a 'super power' during all these years , we gave away all our jobs and industry to China ... just like the Europeans put trust in Russia ... to supply for gas and oil and now are F**cked up !

@deedeewinfrey3181

2 жыл бұрын

Amen

@jalenbrown1363

2 жыл бұрын

This is why we need sound economically progressive policies that are going to direct massive investment in the American middle class. There is so much talent, and so many gifts, that need to be developed throughout our communities, and as previously stated in this video, our government is unable to devise sensible fiscal and monetary policies that are going to get us ahead.

@xavierviaene5022

2 жыл бұрын

We had the mundial financial crisis in 2008, we had pandemic in 2020 and we managed world wide to overcome. In a civilised society we try not to have beggars on the streets, we help the poor and needed people, avoid conflicts, troubles and settle differences as much as we can,. We are a team together like in the army or in a cycle cross where we try to get every one over the edge instead of letting down who risk to fall behind. That is the real purpose of politics who must also guide economics, because the 'money' does not dissapear at all, it is only poor guided or wrong devided between the 'happy few' that take it for granted and the misfortunate who took the wrong bus, born in the wrong place or got unlucky by health or misfortune or didn't get the same chances ...no matter how hard they tried. If you have only 1000 dollars then you are extremely vulnerable, if you have 50.000 dollars you can easily last longer ..

@herachloe4935

2 жыл бұрын

My grandmother grew up in the jungle homeless and starving since the day she was born. She has been through the French war, China, Japan, and American. She helped a handful of Americans, but hated the French. I know the raw deal of history from her compared to what I learned from school. School history is an absolute joke. They will not teach you how to be successful, only to be groomed to be part of their herd. For 30 years she warned me about China like a mad woman. Told me to be prepared soon before she passed away a few years ago. She calls China the sleeping dragon that has already awaken. It's too late. We now need to hold our ground and ride the wave. Don't make big business decisions; steady cash flow and change your lifestyle. We do not have enough support in a time with so much uncertainty. Lay low for now.

@SpringIsBACK

2 жыл бұрын

xavier viaene - Invest with WHAT?! We are so far in debt, and so inefficient with your "investments" which we've been doing at a mad pace for decades, not to mention insane policies like NOT going on a wartime basis to severely undercut Russian energy prices and bail out the even more idiotic Euros... You wanna know how these investments really work? There is, or maybe I should say was, a nice pond (almost a small lake) on a local refuge near me. It is visible from and has easy access to a nearby good road w/ plenty of traffic. The fishing there used to be excellent. That pond should be attracting anglers, which generates economic activity and revenue in several ways direct and indirect. But... The pond is gradually disappearing because the spillway is washing out. The refuge won't fix it because while repairs to merely replace what was there (maybe make it a little stronger / more durable) would cost maybe $10k, the studies and reviews and approvals needed to make even a tiny Federal project like this actually happen would cost hundreds of thousands of dollars. That's right, well over 10x the cost to hire some guy with a backhoe and a 'dozer and maybe another guy with a truck to haul some rock fill... would go right back to gov't bureaucrats who'll likely take several years to do their studies and "impact" reviews and finally (maybe) issue their stamp of approval to simply put back what the Refuge biologists and the local (Actually "State") fisheries biologist all agree was working great for decades. You say you've been in business for 40 years -- well, I was too. If you were observant worth 2 cents instead of spewing platitudes you'd see this crap is EVERYWHERE, hobbling both business and even legit gov't activities like my example above. Don't even get me started on transportation projects... This is NOT sustainable, esp. when further abetted by our ever increasing "entitlement" State. The gov't compensates and kicks the can down the road by printing money (also note that the M1 money supply has jumped by an incredible 500%!!!), but even for the USA there is a day of reckoning. It's too late to start building your tornado proof house (at 10x what it should really cost) when the storm is at your back fence.

been poor for a long time, this feeling isn't new. not a crises for me, just another tuesday.

@overdoseonmynuts

2 жыл бұрын

🤣🤣🤣🤣🤣

@brandinshaeffer8970

2 жыл бұрын

My family has known real poverty. The kind where u can't put the heat on in the dead of winter. The kind where you rejoice if you find a quarter because you almost have enough to buy off the dollar menu at McDonalds. If inflation is just another Tuesday for you, you haven't really known what it is like to be poor.

@cortezyvonne

2 жыл бұрын

Exactly! Also i see people complaining about the gas prices and food prices but they were also complaining about it years back and every few years the same thing buuut those same people arent cutting back on throwing parties or going to concerts or shopping or taking vacations.

@cortezyvonne

2 жыл бұрын

@@brandinshaeffer8970 ma’am i really dont like that you’re comparing poorness and suffering cz i can just as easily say uve had it easy and show u real examples of poverty but im not going to. I think the point here is we can all agree that regardless of the degree of struggle for us this inflation is just making us kick our already existing lifestyle of hyper money management and living cheaply up to a whole new level. While others r freaking out for the first time for others its been a way of life. Thats all the person was trying to say.

@usa4ever711

2 жыл бұрын

CNBC people. HOW do you like it now that you shot yourselves in the foot peddling lies for the Communists on the left??? You LOVE your pain don't you!!!

Love the non-partisan cut to the chase analysis. Less blaming, more solving. We need younger leadership for this country instead of 70+ year olds in either party.

@jolness1

2 жыл бұрын

100% It’s so much finger pointing and people just say “oh well I don’t like the ‘other’ party and the one I do said it is their fault so it must be”. We must be clear eyed if we expect progress and accountability. If politicians know they can just blame “the other guy” then they don’t have to make any changes.

@shawndejong6699

2 жыл бұрын

I'm not so sure that's a hot idea, people like AoC are a prime example of how younger politicians are nothing more than entitled demagogues.

@landoncaymire8968

2 жыл бұрын

It's always the same with repuglicans, blah blah blah capitalism rulz, de-regulation, too many bureaucrats holding us back, then it screws up and it's governments fault. Two faced filth!

@MexicanWorkEthic

2 жыл бұрын

I agree. I’m from CA. I don’t know how Feinstein is still in the Senate. No one ran again at her in 2020. We need new blood.

@lesgrossman9492

2 жыл бұрын

@@MexicanWorkEthic How is Pelosi still in the senate? Cali is a homeless ridden, over taxed dump.

With so much uncertainty with the economy, I'm worried about how inflation will cause major layoffs and food shortages. We just purchased a new home, but my salary only increased 3% while inflation is up 8.6%. It doesn't compensate how much gas and food is increasing at an alarming rate. The Biden administration has done nothing to help the American people. Are we going backwards to a great recession?

@leesommer5871

2 жыл бұрын

Try being retired and on a fixed income Carol, not fun.

@joannademore1540

2 жыл бұрын

We all feel it as well Pray w/out Ceasing ♥️♥️♥️🕊

@eduardochavacano

2 жыл бұрын

Lee Sommer It still kinda hard to imagine how life can be difficult to Americans, when we know they can retire and live like kings in Thailand or Bali or Philippines or Mexico.

@leesommer5871

2 жыл бұрын

@@eduardochavacano probably could live well on Mars or Venus too. They can be responsible for THEiR Country, and I’ll be responsible for the Freedoms of this Country, my Country. Freedom has a cost, just depends on whether you are willing to pay it or cower down to the oppressiveness of your respective government. Make no mistake, there are very few people making a power play for the masses. I pray they are unsuccessful.

@helenemoore8252

2 жыл бұрын

As a full time realtor . Cut unnecessary expenses such as dinning out , personal services such as hair salons nail salon’s fitness programs . These are now luxuries Americans should consider citing out or cutting down . Food gas utilities will continue to rise and we ALL are feeling the effects of exponentially high prices on goods services all our utilities will continue to rise . Folks cut expenses where you can . I cut out buying cloths unless I need something special . I am shopping sales on All food items and personal items . I cut out social media expenses with the exception of work reLated costs . I’m trying to conserve on my gasoline costs as best as I can . Working in Realestate full time is quite costly especially the wear and tear on my vehicle and gas expenses. I have cut out ordering food online with an occasional delivery once a month . A budget on monthly expenditures helps eliminate careless spending . Purchase only what is needed . Do proper maintenance on your home and try the do it yourself for some services . God Bless you all and please share any cost saving tips you may have . Thank you all and Keep hope !

According to brandon, the economy hasn't been stronger. So comforting to know he knows what he's doing.

@cmelfe5888

2 жыл бұрын

@@ph5391 but but but Trump 😜. He's not our president, Biden is..

The most dangerous aspect of our current situation is the incompetence of our entire government.

@lilblackduc7312

2 жыл бұрын

Our government hasn't been competent in the last 2yrs that I'm aware of? 🤡 "Let's go, Brandon".

@highplainsdrifter5282

2 жыл бұрын

Planned

@Shaft-Industries

2 жыл бұрын

They know exactly what they're doing. This is NOT by accident or stupidity. All planned.

@dylanhughes5944

2 жыл бұрын

@@Shaft-Industries yeah, they are traitors and according to our own laws traitors need to be executed... Article III, Section 3, Clause 1: Treason against the United States, shall consist only in levying War against them, or in adhering to their Enemies, giving them Aid and Comfort. Our government has been working alongside foreigners to undermine, rob and essentially assault our country, giving them aid and comfort within our lands. These guys have committed treason and must be put to death as per our laws Anyone in the government who doesn't follow that law has protected the traitors, and thus have also committed treason. They too, should be sentenced to death immediately. This includes our own military, the secret service, policemen, everyone protecting the traitors up top. EVERYONE

@robincrowflies

2 жыл бұрын

Mostly, I think, by the stupidity of the people. But it isn't all our fault--we are brainwashed at every turn from infancy onward.

the most outrageous thing about this is their utter lack of concern for the country. everything they talk about is how it affects the polls. to hell with the polls, what did they expect?

@Will-ck7hi

2 жыл бұрын

They care about build back better and whichever social crusade is going on that day. Thank God our federal government has checks and balances to slow the spending

@stevepackard8542

2 жыл бұрын

Biden doesn't care about poll #'s. He knows he is a one tern president

@roughhabit9085

2 жыл бұрын

Did you want them to ramp up their sincerity? Well let me tell you, sincerity is highly overrated.

@user-yb8vr2ip2t

2 жыл бұрын

Inflation is global. Wake up, Dummies.

@tyronevonchadley

2 жыл бұрын

@@Will-ck7hi oh really? I haven't ever seen slow spending federal govt.

People trying to retire, seniors on a fixed income, young families with insane daycare costs, people with chronic illness, people with lower socioeconomic status…. This is affecting us all. Unless you’re the Jeff Bezos or Elon Musk of the world, we’re all just trying to make ends meet. Like other posters have said, we’re getting by. But not getting ahead. 😔

@joevarga5982

2 жыл бұрын

Did you vote for Joe Biden?

Well I’m looking at this video 13 days later and you Sir are correct!

Sadly this economic crisis means more inflation and more inflation affects the banking system. My condolences to anyone retiring this year..

@alexbrandon9956

2 жыл бұрын

Cash isn't king at all in this era and I think the best strategy is to start buying in slowly and then gradually increase the peace of buying as the price continues to drop. Don't catch the falling knife, lol. Long term investors know that's the market and economy will recover eventually, and investors should be positioned for such a rebound..

@gillesoleg4799

2 жыл бұрын

To manage your money and achieve financial freedom. Start investing, that's the only true way to multiply your income and stay rich always. I spent my 30's and 40's investing in stocks and real estate. That's the best thing I did doe myself, recently discovered crypto now and life feels more easier..

@wangfang6472

2 жыл бұрын

+1

@wangfang6472

2 жыл бұрын

Her What's Apk Messenger👆👆.....

@kirahlaura9798

2 жыл бұрын

BITCOIN AT $20,000 😳😳 ISN’T THIS THE PERIOD TO INVEST?

“The economy is as strong as I am” -Joe Biden

@YSColin

2 жыл бұрын

Touché

@jaobidan2358

2 жыл бұрын

Half dead and in a coma...yeah that's our economy.

@virtuouswoman7554

2 жыл бұрын

Lol! 😄

@xxkittymeowxx8093

2 жыл бұрын

Ya and he fell off his bike !

@matthewtatum5413

2 жыл бұрын

Falls off a non moving bike

I'm on retirement disability and this last SSI cost of living bump put me $40 over to qualify food stamps. I was able to adjust for the first few months of 2022, but now I eat once a day in the afternoon. I'm comforted very little by the "positive" changes of this administration.

Gas is 6.35$ a gallon where I live at now!!!! This is crazy!!! 🤦🏽‍♀️🤦🏽‍♀️🤦🏽‍♀️🤦🏽‍♀️

What most people don’t realize is that all this is DONE ON PURPOSE.

@kingtrance307

2 жыл бұрын

Enough of the tin foil hat conspiracies. Just take a look at history. The world has seen many periods of war and peace and feast and famine.

@valarieosborne2958

2 жыл бұрын

YES IT IS!!!

@michellemcdermott2026

2 жыл бұрын

yep

@doggo2995

2 жыл бұрын

why

@nancyferrer4386

2 жыл бұрын

My eyes opened a long time ago. Unfortunately the majority are still asleep.

I used to go crazy when it comes to events/holidays. One event, I just lost my interest and didn't do anything or traveled. I was fine. Life moved on. I saved money...I save myself from the stress of packing and having to travel. Instead...stayed home...chilled in our inflatable pool...enjoyed a peace and quiet. 😁

@SokemRokemRobot

2 жыл бұрын

Smart daughter... shouldn't pucker up for strangers.

@nuyorcubariqueno3634

2 жыл бұрын

Smarter just to limit travel, it’s just one crisis after another these days

@stephenkalatucka6213

2 жыл бұрын

Biden doesn't want you to go green. He wants you to go without.

We are 13 days after the interview , still nothing happened !! All good markets up! People got July 4th and made normal barbecue , prices are not up since 13 days. Good interview dude

Going to a grocery store now is insane. You definetly notice the high prices of food now. Forget about going to whole foods or nice organic stores. You use your car sparingly now and do not go out of town. How do they think we Americans deserve this? It does not impact them. This is exactly why people go and retire or live in third world countries which is a much better way of life. I was in Ecuador for 8 years. I have no idea why I returned now.

@rick6582CNCMedicalParts

2 жыл бұрын

No" bags " ? To shop with & need to buy & re- use old bags ? N.j ..everything sky high price or not in stock ? .sad times ..

I lived in the city for 40 years. I left 3 years ago and moved to a small farm town. I was talking about economic collapse, and food shortages back then, and people acted like I was crazy. Doesn't seem so crazy now. I'm ready for what's coming.

@emsleywyatt3400

2 жыл бұрын

Maybe my regular grocery doesn't have one or two of the things I buy. But guess what, I find it next time at one of their other stores. I rotate my shopping at 3 or 4 close outlets of the same chain and find everything I want at one or the other.

@alexanderslew8852

2 жыл бұрын

I don't see my reply but perfect. You are on it. I said the same things 60 years ago and got the same response and they thought I was insane,,,, Saw all this coming..

@colonizerjoe

2 жыл бұрын

@@emsleywyatt3400 The food shortages aren't here yet. Give it another 6 months.

I think the Biden administration looked at the austerity language Carter used back in 1978, and are trying to avoid that. But to be honest, I would take candid sincerity over their current approach. I personally appreciate it when leaders tell me what I need to prepare for. The messaging of "the economy is stronger than ever" just reads like gaslighting to me.

@tbewin1z143

2 жыл бұрын

yep

@tbewin1z143

2 жыл бұрын

@@pinkcrayon1382 the economy is not even close to strong mr out of touch and Biden is directly responsible!

@jacoboros9647

2 жыл бұрын

@@pinkcrayon1382 That makes sense, and I agree! I guess the difficult part for me is that it can feel like Main Street America is left out of the conversation when things like that are said. I do recognize that Main Street America is part of the reason why inflation is being targeted by the fed, but I would just appreciate it if our struggles were verbally acknowledged more by decision makers, I guess.

@tbewin1z143

2 жыл бұрын

@@jacoboros9647 they dont give a F...destroying the middle class has long been a goal of those in power

@ohiostate129078

2 жыл бұрын

Biden is the spitting image of Carter. Rumor has it at age 33 Biden was the first sitting congressman to endorse Carter for president lol

I'll take the under on Frank's worries. We Americans like to complain about high prices, but we do little to deny ourselves what we want. This too, shall pass.

Stay Strong Americans...do the best you can and Always be safe. We are Alive and Stronger then we know ❤🤍💙 Biden Must Go!!!

Everyone remain calm. I just watched JB, he assured me the economy is booming.

@shatteredanis1592

2 жыл бұрын

Oh, thank goodness! I must have been dreaming thinking I had way more money under Trump. Awesome job, Biden!!

@info781

2 жыл бұрын

Unemployment is at a all time low, the problem is the economy is booming too much.

@info781

2 жыл бұрын

@@shatteredanis1592 The price of houses has doubled under biden , not great if you are renting but many owners have won the house lottery under Biden.

@lydiapawlak8564

2 жыл бұрын

@@info781 NO! People have returned to their jobs and they call that job growth, and unemployment low. C'mon, this is not substantial evidence since the whole country was shut down 1-1/2 years ago...

@dennishassler605

2 жыл бұрын

Yes, wait long enough and things will be getting better - PROBABLY AFTER BIDEN DIES!!!!

As a footnote, there really isn't enough time between now and the November elections to change Americans' perception about how the economy is doing.

@michaeldelisieux

2 жыл бұрын

13, 60 & Cia!

@roydunn2865

2 жыл бұрын

By then politics will be the least of your problems.

@jolness1

2 жыл бұрын

If there was some miraculous abating of these things today, then maybe maybe they could. Even then, I tend to agree. It’s too late to salvage.

@silky2204

2 жыл бұрын

This is a product of a lack of financial education. Keep them poor and ignorant.

@JJAMES80

2 жыл бұрын

who's counting the votes tho? lol numbers can magically appear ... how soon we forget.

“13 days from now”…this was posted 13 days ago, can’t wait😭

Welcome to my world! I've lived like this already for a long time, because I had the misfortune of getting sick and becoming disabled. The 4th of July is just another day for me, like any other day. Steak on the grill? LOL, um no. Same thing btw, for the poor long-haul COVID and/or vaccine-injured folks, welcome to my world of long-term, hellish, incurable illness that nobody even acknowledges you're suffering from. No, I'm not insensitive--quite the opposite. I wouldn't wish this on my worst enemy. Just saying, some of us have experienced all this crap for a couple of decades already.

1. stop printing press 2. cut government spending that’s what has solved inflation in other countries in the past.

@gburn9377

2 жыл бұрын

Shoosh! Hahaha now they're telling the imbeciles that deregulation makes prices go up! Hahahaha and they believe it.

@jimjablowme8707

2 жыл бұрын

You are making too much sense the clowns in the Whitehouse would have to become adults to understand this

@shezyam460

2 жыл бұрын

The problem is that we would default on our debt. It's not an actual solution

@jimk4267

2 жыл бұрын

don't forget gov't over regulation...time to cut reg's

@valeriouscatastros8717

2 жыл бұрын

3. Stop printing money. In Weimar Germany, the inflation was so high that the German note was worthless. Took full wheelbarrows to pay for bread loafs. That is one reason why the Nazis gained power. Printing more money does not help the situation at all. Look at Zimbabwe. Stop...Printing...Money. The Federal Reserve won't stop though. Money printer go Brrrt.

Most Americans have never experienced significant inflation. They got exactly what they voted for.

@kellythomas7619

2 жыл бұрын

Hello Melanie how are you doing today.

@KenmoreChalfant

2 жыл бұрын

Please explain how Biden being president and the current economy are in any way related. Sources?

@Jw-iu2el

2 жыл бұрын

I didnt vote for this loser who spent 35 years doing nothing but living off taxpayers

@fiily1

2 жыл бұрын

@@KenmoreChalfant Sources! You dummy! Biden and his cabinet pretty much caused this inflation, printing too much $$$$ into the economy therefore diluting it's buying power.

@mrclean4850

2 жыл бұрын

@@KenmoreChalfant it’s not….I’m a trump guy but that Jew kisser printed 4.5 trillion.

Though I would normally concur with this outlook, I am a little skeptical due to the fact that people are having a hard time now and most will opt to stay home or locally rather than driving a hundred miles to their normal Holliday venues.

The American people will remember the way we’re living now when it’s time to go to the polls.

Oh, he's saying that you're going to see an explosion of anger about inflation. Not an explosion in the rate of inflation. Though that is very close to happening too.

@tedc7714

2 жыл бұрын

We already have an explosion in inflation., This winter is going to be a disaster.

@poremechen

2 жыл бұрын

40% inflation?

@paper8nintendo

2 жыл бұрын

The 'people' deserve this when they supported mandatory lockdowns, corporate bailouts/stimulus checks throughout the pandemic and afterwards. Let them reap the inflation, corporate tightening, and recession that comes with it.

@oldman2800

2 жыл бұрын

Printed money creates inflation, Biden is still printing money at full throttle for Bill Back Better. Interest rates have to sit at two percent above inflation to consume the printed money and give it value

@gabriellsbaby

2 жыл бұрын

@@poremechen yep, something a little wrong with that statement.

I can almost guarantee you that the wealthy segment of the US is doing just fine. Someone always makes out during these difficult financial times. Just do some reasearch on past financial dips in the US. You'll see. the Difficulty always hits the rest of society the hardest.

@lechatel

2 жыл бұрын

That is exactly what it is designed to do: transfer wealth from the middle and working classes to the wealthy. It is what depressions/recessions have always been engineered for.

@andrewmccoll1582

2 жыл бұрын

People make money shorting the market. They just had to time it right, and this down spiral has benefited them.

@MrJohnrendek

2 жыл бұрын

We are cutting back quite a bit. No new cars clothes limiting food and watching overall purchasing.

@beksinski

2 жыл бұрын

Of course. The whole system was designed by and for people who make untouchable fortunes during times of general chaos.

@wread1982

2 жыл бұрын

True, I’ve been in the stock market since 1982. Doesn’t effect me at all because I’ve accumulated so many assets

I hear people ask if this is the right time to invest, yes because the stock market have always and will always be a volatile market, that is why it is important to have proper research, analysis and strategy when investing

@ameliagarcia3485

2 жыл бұрын

The market is so volatile now to be depending on bull run to make profit or investing without guidance, I advice everyone to trade now with a working program with like that of Laurel Michelle Packham, so far she is helping me find investment that has significant growth potential which bring high returns and profits, i am so happy finding her

@emilydavis8321

2 жыл бұрын

Investment is the key to wealth but wrong investments can leave you scars, be careful out there what and how you invest and if you do not have enough experience or expertise, contact someone who does. The goal is to make profit and grow, not just to invest for investing sakes.

@ellajackson34

2 жыл бұрын

The best way to find that balance between saving and living is by investing. This way you get to have your saving intact and then live comfortably off the revenue coming in from your investments. Financial freedom is possible, you just need to know what to do and when to do it. I am a living testimony.

@miaharper346

2 жыл бұрын

I’ll take investments in stock any day they’re very remunerative only problem I’m having is I really don’t know how to go about it,I do get lost and overwhelmed by the markets. Any solid pointers in reaching this trader would be helpful,I’d appreciate if I got a reply

@violetlopez5973

2 жыл бұрын

The market is constantly evolving with new features, trading opportunities, financial swings with sudden surprises around every corner the best thing is to stay in touch with a professional .

I had to Google Frank I thought he looked familiar. On a positive note: Looking good Frank! I've lived in Southern Nevada for over 30 years and we are running out of water. Lake Mead is drying up.

Great analysis and summary. I'm shocked people are blaming the Russian invasion of Ukraine, though, when we printed and gave away trillions here at home.

@ds5651

2 жыл бұрын

It's the perfect storm. All the above.

@buzuxi

2 жыл бұрын

You can lift the sanctions. The war can still go on just like the 20.different other wars going on in the world.

@danielmorton1606

2 жыл бұрын

Oh it might be because if you look at oil prices, it caused the spike. Clear as day. It also greatly worsened food shortages which will reduce productivity. The free money effect has already been getting reversed by the collapse of stocks and foreign purchasing of the dollar. Crypto alone destroyed over 1 trillion dollars. The dollar is actually extremely strong right now compare to other currencies.

@fingereze7202

2 жыл бұрын

Especially since this was happening well before the Russian invasion of Ukraine...

@michaelscanlon6279

2 жыл бұрын

Should have ramped up oil production about 9-10 months ago, instead of cancelling pipelines and leases. The government should have enabled our oil and gas producers to "pull out all stops". A lot of this crisis is self induced and now we suffer.

Nice going Joe Biden voters! We have a great economy now and no more mean tweets!

@Laura-vt7mc

2 жыл бұрын

Biden's supporters emotions before facts.

@ekoboyz757

2 жыл бұрын

trump kept low interest rates and printed money which started all this mess along with PPP fraud, and not to mention Trump is clear and present danger right wing extremist.

@rockhard9369

2 жыл бұрын

😢

@Code_with_ckcheung

2 жыл бұрын

How ironic

@jovianblue

2 жыл бұрын

You're welcome. Maybe next time you'll take the advice MAGA's gave us about Hillary: "you should have picked somebody else". Perhaps, start with someone that won't send federal agents into cities to use chemical weapons on it's citizens? Like, just remove all those wannabe, illiberal dictators from the hat.

I don’t need to go anywhere,I don’t need to eat all that food ,I’m budgeting everything and getting what I need not what I want.I’m still doing fine with the little I have .My grandparents lived through the depression,we’re there was no jobs.There’s jobs and hiring were I’m at ,but most people don’t take them because they feel there below them .

Him: *Screen starts wobbling* Me: *Stops Shaking My Leg*

Gas prices here in CA are between 6 and 9 dollars per gallon. I asked my husband if he’d ever thought he’d missed paying $3.89 per gallon...he’s still laughing...

Rich don’t care, and the poor don’t care. It’s the middle man who gets crushed!

@DoveDaniels

2 жыл бұрын

True fact. As a middle class I never benefited from the stimulus and now I'm bankrupt and have lost my business in the process and these people have the nerve to ask me when am I getting a cleaning job or a mcdonald job. So the american dream is to force middle class into low class or bankruptcy so they can fuel their corporations with manpower that's left them.

@janicejohnson1334

2 жыл бұрын

@@DoveDaniels U R correct .... No need to worry about the poor - Blue Team has them right where they want them ... now the Blue Team & the WEF need to divide the Middle class .... that's the next phase in their Global plan

@katana_3558

2 жыл бұрын

@@DoveDaniels the problem was they were giving stimulus for everyone out there ..they gave it immigrants and the Rick folks.. I know some immigrant friends of mine who got luxury items with the stimulus checks...

@DoveDaniels

2 жыл бұрын

@@katana_3558 🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️

@sharedfuture5669

2 жыл бұрын

The middle has been crushed for 30 yrs, not from these days.

All I see is that studio-shot "moon landing" in the background. Movie sets can do wonders. :P

I'm watching it exactly on 13th day🤣🤣🤣

Democrats better listen to this guy. He is speaking the mind of every US citizen. Midterm elections are on july 4th.

@Blk_pantherfit

2 жыл бұрын

What makes you think republicans going to do any better🤣🤣🤣Rinse and Repeat. Welcome to America!

@swaggitypigfig8413

2 жыл бұрын

Trump printed a stupid amount of money and left Biden holding the bag but don’t think about that because you all have the attention span of goldfish.

@scottpopowski902

2 жыл бұрын

@@Blk_pantherfit Don't embarrass yourself Mr Biden voter !

@Blk_pantherfit

2 жыл бұрын

@@scottpopowski902 😎, other humans think others humans can solve our problems. Wish you best whoever you are, but I’ll put my trust in only ☝️

@scottpopowski902

2 жыл бұрын

@@Blk_pantherfit Now your changing your tune typical !

What the hell are you talking about "fill the grocery cart for the holiday". I'm already living on top ramen noodles and can't fill my gas tank. We're not 13 days from an inflation explosion ITS ALREADY HAPPENED

@Overkill_JD

2 жыл бұрын

Nah, it is going to get a whole lot worse. There is about 6 weeks or less left of wheat and grain supplies. Wait until those dry up....

@stevenbrown5210

2 жыл бұрын

@@Overkill_JD well bear in mind more wheat is being grown as well. Simple sugars are bad for us anyway

@Overkill_JD

2 жыл бұрын

@@stevenbrown5210 right, I am not just referring to the United States this is the world supply I am referring to.

Actually I went to the grocery store last night 7 bags of food was 250 dollars and alot of the chicken beef buns etc almost all gone a 2 lb pack of lean ground beef by be 15 dollars frozen chicken 15 dollars fresh chicken almost 20 dollars 2 turkey legs 14 dollars , I bought a bag of cherries 2lbs 20 dollars

And another reason why there are no workers at fast food restaurants anymore is because the didn't want full time employees they didn't want to bump for insurance now there ass is paying for it, just think billion dollar corporations are that greedy. Hope all the fast food corporations close their doors for good serves them right.food basically sucks anymore. And Is really bad for your health! And cost them about 2 bucks for your 12 dollar slop!

We're back to the late 70's-early 80's. The difference was Jimmy Carter was a wonderful person (but hapless president) and our country's social culture was 10 times better than today. Inflation is horrible and many younger people are now seeing what Boomers went through during "the malaise". Our first homes had mortgage rates in the high teens. Small, economical Japanese cars took months to get to dealers after you ordered them. Top dollar too. Now we will look for a Ronald Reagan to save us again.

@jmjfanss

2 жыл бұрын

And trump is the answer

@gbunton

2 жыл бұрын

true i lived through those times people think we're lying.

@EdmacZ

2 жыл бұрын

The scariest part is that Boomers did not learn from Jimmy Carter and chose Biden anyway.

@AFuller2020

2 жыл бұрын

This is nothing like the 70's, you couldn't even get a service job back then, everyone was broke.

@JayNayMay

2 жыл бұрын

Ron DeSantis

We polled people in DC to get this high rating. Let’s hear about the 12% for Joe in South Dakota

@MLopez-fu8fd

2 жыл бұрын

👍🏽👍🏽😹😹😹😽

@stefanfrankel8157

2 жыл бұрын

And why in the world do you think this is the fault of one man? What have you been smoking?

@dougtaylor7724

2 жыл бұрын

It’s only fair. They blamed Trump for everything wrong. Only fair the next guy gets equal treatment. I can’t find anybody that voted for him other than far left loonies and the 75 year old that still think the GOP will stop SS.

@warrenpuckett4203

2 жыл бұрын

I feel like I am a college student again. Peanut butter and jelly. Bologna sandwich. 3 times a week Fixed income and the wife wants a cute Maverick. I am very happy. Only have 2 more payments on the Trax. She is not going to be happy. I told her save up and pay cash for it. She don't want too understand the reality of income vs outcome is not good when outcome wins. As for why? Basically the greenies and processive have been smoking wacky tobacky laced with opium too long. When the money runs out. They will go through a painful sobering up process. Then blame me.

Energy pricing is the culprit for most of the rising prices people see. Gas pump prices are a direct result of fossil fuel company manipulation, and could be addressed in no time if oil refineries run at max production levels, but they're held back to increase profits. Don't take my word for this, listen to oil exec interviews for the last 18 mths. Do your own Internet search for data published by the oil industry themselves and Federal and state government reports. They all say that as recently as April and May (weeks ago) 2022, refining capacity is running at only 85-90% of full capacity and less than even max production during the Covid economic slowdown (95% of max during Covid epidemic). There is no reason to be restricting production other than to keep prices high, there is no maintenance shutdowns, and there are no repairs being made. I can't see how the Biden administration can be blamed for oil industry misbehavior other than doing a poor job of publicizing the damning facts and lack of arm twisting. This is just the oil industry in a snit for whatever reasons, without empathy for the pain they are causing the American people. Once can only speculate, but I would suggest that maybe it's because leases have been canceled the oil industry wasn't exploiting and don't need to achieve max production. Maybe it's a silent protest against Transition to Green policy. Whatever the reason might be, high energy prices are going to cause more harm than simply high gas pump prices. Chemical fertilizers to grow crops are made from NG and high costs will be passed on to the Consumer as higher food prices. People will have less to eat and there will be fewer items on grocery store shelves. At least an investigation is warranted, and if necessary some arm twisting to motivate good citizen behavior is needed.

How do I take a poll?

The " Dollar Store " is now the $1.25 Store. My laundry soap is a third less soap. My high priced health food cookies are half what they just we're. Gas is $6 in Reno. And it's only beginning.

@brianosterman456

2 жыл бұрын

i buy very minimal groceries. Largely just eggs, some meat and fruit. I have seen my grocery costs SKYROCKET. Honestly sometimes its just as cost effective to eat out vs. buying my own groceries.

@endorphinrider1633

2 жыл бұрын

@@brianosterman456 ~ the Auschwitz years are coming where everyone will look as though they just stepped out of Auschwitz. No more obesity problem!!

@sleazypolar

2 жыл бұрын

What your describing has been happening for decades lol

@sleazypolar

2 жыл бұрын

@clot shots how long have we had 8% inflation? Do you know how averages work?

@sleazypolar

2 жыл бұрын

@clot shots inflation fluctuates. It's dynamic :) 2%-3% is average, not steady state.

A lot of people I know are saying they are not doing any parties or trips for the 4th of July because of how high the cost of everything is.

@HateTheIRS

2 жыл бұрын

Cappin bruh people gonna party still

@cerveza2297

2 жыл бұрын

Maybe they can get some pizza and explain to their children why we celebrate our independence 🤔.

@TheSportsandFilmFellowship

2 жыл бұрын

Yes I will be at a park near home

@ni12907

2 жыл бұрын

Exactly I wanted to go to Grand Canyon but gas is so expensive , food is super expensive, better to stay at home

@mariogonzalez1681

2 жыл бұрын

Hahaha

Our household have a hybrid car. It gets 80-100mpg. Def helps a lot and we are thinking of buying an EV for our next car. I still rely on my pick up for local trips to the hardware store. Being to work at home the majority of the time helps. I started taking the fast bus to Seattle for work bc it’s actually nice and faster than driving in traffic and the toll is 3.5 dollars. We started gardening and raising chickens in the backyard. I think it’s possible -it require a different mindset that the Silent Generation have-which is save save save and only buy what you need.

I didnt know Ben Affleck was a political analyst

My half tank per week went from $30 to now $69.50. I'm surprised I heard some truth on CNBC

@janicejohnson1334

2 жыл бұрын

My 20 gallon gas tank went from $40 fill up ... up to $100 fill up ... and that was today ... 06.19.22 at 8am

@sonnyc3826

2 жыл бұрын

it costs me about 160 to fill mine up in Canada we pay about 10 dollars a gallon . 2 dollars a litre..so 8 dollars a gallon .10 out west

@katana_3558

2 жыл бұрын

I sold my car way back due to remote work No more gas problem

@sonnyc3826

2 жыл бұрын

@@katana_3558 when your ev catche son fire and your trapped inside let us know how that works..and you have to replace the battery in 10 years at 15 grand let us know that too..youre exactly what they target.

@tamjeanell

2 жыл бұрын

Oh no!

The Fed + Congress is to blame. 0% Interest & waited too long for massive greed of a 100% run-up in the market. PPP Loans for companies that did not need it. Printing like crazy. Cnbc is always trying to overanalyze the situation when it is so simple.

@wendyluo-elliott9411

2 жыл бұрын

One person alone to blame! That person is Biden. He did it intentionally!

@973RoyDaKing379

2 жыл бұрын

@@wendyluo-elliott9411 Let your political views get in the way. Whoever would be president, Republican, Democrat, Libertarian couldn't have avoided this. You sound like someone who lost -75% on the Tech Bubble drawdowns. Sorry for your loss, but greed kills.

@tbewin1z143

2 жыл бұрын

0% interest for 8 years under Obama

@ypww748

2 жыл бұрын

That is simply not true. These all could have been mitigated. If they did not print that much of money, if Americans learn how to save money for emergencies, if this incompetent administration did not put up their stupid infrastructure bills, if they did not cut the Canada pipeline, if they did not get oil from their so called enemy Russia and instead get petroleum from the United States one of the largest reservoirs. The list can go long and long, stop saying this to fool people if still people continue to be fooled by these incompetent democrats then sooner than later this country is done. Humanity is done

@noblewolf679

2 жыл бұрын

@@973RoyDaKing379 absolutely could have been avoided, what are you talking about? They could stop it right now by raising interest rates to 20%

The only time I agree with CNBC telling the truth for once.

if they say the inflation rate is 8.6% YOY that means it actually 20%

Food is already short, and some things have been short since well before Ukraine. The pollster or his subjects seem to be ignorant of the fact that things have been costing a fortune for quite a while. He seems to think no one has filled up their gas tank and won't be buying a full tank until July 4 for some strange reason. People who actually work for a living are having to fill up their tanks all the time.

@uploadtime1780

2 жыл бұрын

Blame games is what they are doing. It isn't Ukraine it was already going on.

@kofola9145

2 жыл бұрын

Yeah, that way they can blame Putin for their insane inflationary policy. Even though inflation has been above 2% since April 2021 or so. And acceleration ever since.

@millenniumman75

2 жыл бұрын

It was turning off domestic oil production, the partial passing of the Build Back Bankrupt bill (Joe Manchin saved us for annihilation), and *quantitative easing* by Jerome Powell and The WAT Grandma, Janet Yellen. Pumping printed money (basically throwing money out) which diminished the value of the dollar. If the JOEjanHorse Administration didn't appear to be so F'ing stupid, I would think that the 2020 election and everything they've done was intentional to bring America to its knees so the Globalist agenda could take hold. THey got their JOEjanHorse as a "gift" into our system, and as America slept, the demonic forces came out from within it to sow discord and destroy our country from within. The shell of a man can't keep up with anything, so he constantly blames Trump.

@woodchuck69

2 жыл бұрын

I guess he's forgotten about how prices started to rise during the beginning of covid and the empty shelves. Prices have been steadily going up since then and a lot faster since Ukraine.

@millenniumman75

2 жыл бұрын

@@woodchuck69 Actually, it wasn't the beginning of Covid. The issue then was people stockpiling - my grocery store went from closing at 1am to 9pm to make sure everything was stocked. People could drive trucks by themselves and not be affected. It was the restaurants and personal services that were affected the most. Those areas didn't recover because of Biden's handouts combined with Obamacare of all things. Obamacare told businesses that they should only hire 28 hour a week or less jobs to avoid having to pay for insurance of the employee. So...businesses either hired at 40-hour pluse at limited capacity or kept their staff at 28 or 24 hours a week.....either or. Nothing in the middle! The full time jobs are harder to come by, and the 28 hour a week jobs *sans insurance* are easier to come by, but nobody wants them. Otherwise, a person would have to get TWO 24-28 hour a week jobs to compensate for the "full timer" to even get insurance on his own. Multiple factors.

There's inflation but not because we all have excess money and bought alot of stuff, but because of artificial inflation caused by the supply chain breakdown. You can raise rates to 200 percent and that still won't get energy delivered to the U.S and food put in the grocery stores. This is a global supply chain problem. Go ahead and raise those rates . That will just make the problem worse. Home builders weren't building any more homes than they used to. The lumber and goods used to finish the homes being built have been in short supply because of a breakdown in the supply chain to move the product.. They think the average citizen is awash in money. We're not. During covid alot of people lost their job and recieved two $1,400 stimulus checks which went to pay bills. Inflation probaly will go to 40% because the oil and energy are in short supply because of supply chain problems. China isn't bringing near as much to us so that product isn't even part of the supply chain. 26 food plants in U.S I heard burned down. Because of weather and lack of water, fertilizer and diesel, farmers can't produce near the amount of food they did. Fixing the supply chain and increasing the amount of energy we produce here in the U.S would help bring down inflation. They got it wrong in my humble opinion.

@jovianblue

2 жыл бұрын

Totally agree. I cannot fathom how some stimulus checks over two years ago amounting to a couple months salary for the poorest Americans (and for which a lot of that money was apparently blown in stocks and cryptocurrencies) would produce this magnitude of inflation.

@thomasdaley2929

2 жыл бұрын

Most of the problem is the oil markets and it is most because OPEC+ has essentially started WW3 on all of us. Biden is going to the Saudi's because they control OPEC. Iran is off the table due to Trump and his stupidity but clearly, Iran was producing some form of weapon's grade uranium since they are very close to producing a bomb. We should have blasted Maduro in Venezuela a long time ago and got their oil markets back up an running as they could be a huge producer of oil which is why China moved in when the US decided to be a coward. The US has made far too many political mistakes with oil.

@thomaswashington2127

2 жыл бұрын

I agree. And if you know this you can be certain they know this they just don't care it's all about the profits for them

@adamkelly2805

2 жыл бұрын

They increased the money supply by 50% over the past two years. 1.5x all the money that had ever been printed up until April 2020. Yes the supply chain is an issues, but this was major as well.

@shawnahall7246

2 жыл бұрын

Explains why inflation is all over the world

Our scientists have successfully created a 50/50 fusion of Matt Damon and Ben Affleck.

Houston Tx : i paid $47 for an 8pack of toilet paper, a gallon of milk, paper plates and deoderant. Absolutely ridiculous. My car that used to get filled with $30 now takes $80 to fill

Not everyone goes on vacations. Many folks just stay home and keep it local. Why some even have made some preparations for such a scenario! Imagine that…

@derekrank4572

2 жыл бұрын

i can sit at home and watch a 2 hour travel video of a guy on vacation with his go pro camera and watch his videos..i didnt have to hop on a plane and spend. $10,000 to see the same thing he paid for, i saw it for free on youtube..

Who are you kidding??? An explosion of anger over inflation ??? We are in the United States, the sheep will keep their mouth shut, head down and keep saying yes Master to the politicians, PERIOD!!!!

@lsteinke3987

2 жыл бұрын

It seems like people are willing to cut off their nose to spite their face to maintain their political identity.

Hmm here we are 2 weeks out from initial release of this video

In 1982 it cost 14% intrest to finance my first house.

Calling the Biden Administration as competent is the same as calling BLM helpful to the black community.

@hassanjames5

2 жыл бұрын

🎯

@krillin876

2 жыл бұрын

exactly

Instead of saying “inflation” is the number one issue… Americans need to go big brain and say the federal reserve is the number one problem.

@danielsoares3737

2 жыл бұрын

Definitely... big banks and hedgefunds also.

@daveondemand2767

2 жыл бұрын

Thank you. Audit the Fed then end it.

@robertbrandywine

2 жыл бұрын

Why is it the problem? If the Fed was ended, those things it does would just go to the Treasury department.

@Paul-jp8zz

2 жыл бұрын

Real blame is Nixon. He ended the gold standard. That's the spark that created this mess.

@brianpancza8500

2 жыл бұрын

@@robertbrandywine Because the endless money printing, among other things, contributes to inflation and is unsustainable.

Things only ever get worse. The more we accept less then we deserve the more our lives become less then we settled for. If things were done correctly we'd be living in utopia. We accept poverty, we are work slaves, and we have allowed central banking to siphon our collective prosperity since the federal reserve was founded. It only ever gets worse for us.

Maybe we can stop buying things that aren't necessary. And we can stay home until the gas prices drop.

It'll be interesting when they do the yearly cost of a Thanksgiving dinner meal pricing this year...but they'll probably fudge the numbers and not take in account shrinkflation (smaller cans of cranberry sauce), and probably start substituting store brand items in the count rather than "traditional brands" to help punch the numbers down a bit.

@ChatGPT1111

2 жыл бұрын

Yeah, who really believes this 6% year over year crap. More like 46%!

@diamondshinecleaning8693

2 жыл бұрын

I think it’s sad that I bought all my food already for the major holiday for this EXACT reason 🤦🏼‍♀️

@veganpotterthevegan

2 жыл бұрын

It's smarter to not take part. It was always a terrible holiday anyway.

@ChatGPT1111

2 жыл бұрын

@@veganpotterthevegan you must be a vegan or something.

@veganpotterthevegan

2 жыл бұрын

@@ChatGPT1111 you should be too

Seems like the solution would be to just copy what I'm doing for July 4th: I'll be relaxing at home with a giant book in my hands drinking a can of soda. You don't have to have a BBQ or go on a cross-country road trip to enjoy yourself and have a good time. Minimalism is good.

@derekrank4572

2 жыл бұрын

a large coffee and a video game and a 50 inch 4k tv is great as well/

@VesperAegis

2 жыл бұрын

@@derekrank4572 You'll get no counterarguments from me.

@genxx2724

2 жыл бұрын

Treat yourself to a hamburger or hot dog made at home, a bag of BBQ potato chips, ear of corn, and watermelon.

@zerocal76

2 жыл бұрын

Most ppl don't do $#it on holidays. Most ppl don't go out, most don't splurge or eat a very expensive restaurants all the time. This is a stupid example by a media network. Its like they're trying to scare the average Joe so he won't vote for Biden again. If they didn't have some hidden agenda, they'd actually teach us something about the American economy like how incomes have grown so little in comparison to the avg home price, common goods like food and point out how big businesses spend big $$$ on avoiding big taxes. This isn't a single political figure or parties fault. The US has been on this path for DECADES and those w/ their pockets being filled by corporate America try to keep that info away from you!

@zerocal76

2 жыл бұрын

Most ppl don't do $#it on holidays. Most ppl don't go out, most don't splurge or eat a very expensive restaurants all the time. This is a stupid example by a media network. Its like they're trying to scare the average Joe so he won't vote for Biden again. If they didn't have some hidden agenda, they'd actually teach us something about the American economy like how incomes have grown so little in comparison to the avg home price, common goods like food and point out how big businesses spend big $$$ on avoiding big taxes. This isn't a single political figure or parties fault. The US has been on this path for DECADES and those w/ their pockets being filled by corporate America try to keep that info away from you!

What no one is talking about is we are 4 weeks away from no diesel oil.

Welcome to the real world! People need to take more initiative in these kind of happenings

Everyday common folk ask friends and family to bring a dish to the 4th July Barbecue. Also, send a group text to family and to friends collect donations for the food. My family been doing this for years. No financial stress on anyone and we have a good time. I would never spend hundreds in groceries on the 4th to invite people over. Stop trying to impress people who probably in debt.

@stevethomas5209

2 жыл бұрын

I did bomb bbq's at my home with a nice pool for years now that our son is grown and moved away no one ever reciprocates the generosity we laid out. I mean we would bbq tons of food corn on the cob w total fun in the sun all 4th of July, labor day and throughout the summer. Here we sit all by ourselves nowadays and other family members have since built pools in their yards. I guess we're just to old or yesterdays garbage who knows ??

@laurainglis7485

2 жыл бұрын

@@stevethomas5209 That’s messed up. At least you have the memories of those barbecues. Priceless.

@stevethomas5209

2 жыл бұрын

@@laurainglis7485 My niece always commented on my bbq pork ribs and loved coming over and I would make her plenty even to take some home and my nephew loved my fried catfish the same. Their father is my brother in law. He built a pool two years ago and has not invited us ever but always posts pictures on Facebook of the bbq's he is having. We are selling our home and moving away and we're not going to tell these ingrates we're leaving. We are really put off w people especially user family members. Wish I could get back a nickle for every dollar I spent entertaining them when they were living in apartments. They are buried up to their necks in dept it won't be long before their broke and wondering why the bank is foreclosing. I think their jealous because I'm dept free and don't have to work who knows what their deal is and I really don't care anymore.

@laurainglis7485

2 жыл бұрын

@@stevethomas5209 😂😂😂

@anitagordon7688

2 жыл бұрын

That's what my family does everyone brings a dish ...so it's not on one person's shoulders...

13 days? Damn. Got to love knowing it down to the day.

@testsite8949

2 жыл бұрын

It's all by design and that's why they know. Purposely targeting the poor and therefore colored folks. It'll backfire on them, even all the way to there Germanic homelands. #enough

@AmyBethB

2 жыл бұрын

Planned

@socialslug1

2 жыл бұрын

Don’t watch the news Don’t watch the news and have a much happier life.

@lousiano8813

2 жыл бұрын

@@LP-jn4tw jokes on u Biden just announced today 31st he’s taking action on lowering gas prices 🔥💯

Just imagine how much it is going to cost to heat your home this winter.....

This absolute explosion of inflation means that the world is coming to an end. We might face layoffs from many of our businesses, and we are going to be struggling a lot with our day to day living.

Great analysis, great video. People need to watch these videos and really try to understand what to expect within the next 3-6 months. 👍🏻👍🏻👍🏻

@tracygaluszynski1868

2 жыл бұрын

Expect more misery. Let's Go Brandon!

@kimcissell1905

2 жыл бұрын

Doomsday in China! The city of Shanghai was engulfed in flames when a chemical factory exploded

@JeffreySmith7777

2 жыл бұрын

Expect the 2nd Great Depression. Good luck.

@lindseyhughey5733

2 жыл бұрын

His analysis is saying in 13 days things will hit the fan. There is a big difference in 3-6 months.

@ghostlightx9005

2 жыл бұрын

Actually I think it's important that the 30% of idiots in the US that approve of Biden get a nice "surprise". They are quite obviously a bit too dumb to understand the topics in this video, so let it explode in their face instead and they *might* get it.

I'm feeling it. I live in North TX and my utility bill essentially doubled from last month. Utilities are up, gas and food are up. Airfare is unaffordable for a family of 4 or larger. My 401 is tanking and I need a new car that I can't get due to supply issues. This is getting very ugly.

@kimcissell1905

2 жыл бұрын

Welcome to the collapse of the US economy.

@jj-eo7bj

2 жыл бұрын

Only can buy needs not wants not good now

@istheyear-ry1el

2 жыл бұрын

cars has supply issues in USA?

@peetfj

2 жыл бұрын

@@istheyear-ry1el evidently, can't get the chips for them. Also, some parts. Dealership lots are empty around here. I sold my truck months ago because I was working from home and we didn't need two cars. I now have to go in a couple days a week and could use one.

@georgeben6170

2 жыл бұрын

They don't care you just have to look for an investment or a good online side hustle that pays you while you are still busy 🔊

Retire going back to work can't afford to go to grocery store

Hold on to your sardine cans, an *explosion* is coming; in these times you always get the know-it-alls', the fortune tellers who can't even win the lottery; oops,it's gone...

All inflation is transitory. When I started working the inflation bout of the early Seventies kicked in and there was a "transitory phase" of about 20 years until prices stabilised.

@leezhieng

2 жыл бұрын

Prices stabilized later because in the late 80s and early 90s globalization happened and the cost of production shifted to poorer countries in Asia, resulting in reducing prices. It probably won't happen again this time.

@taoist32

2 жыл бұрын

20 years of inflation and you think it will be ok? Think about how more everything will cost in 20 years from now. A loaf of bread will be $50.

@johnames6430

2 жыл бұрын

@@leezhieng It will happen again this time but instead of production going overseas it will be many of the jobs that can be done remotely. Americans are in for a rude awakening.

When we lived in Canada in the late 60's early 70's , virtually everything was made and came from some where in North America or Mexico ( cheap labour to keep the California agriculture industry going ) and that was the same for the USA . The 70's oil shock effected that but it was not that there was no more oil in the USA . And wages were good on a world basis . Then along came globalisation , all very good ( except for blue collar workers ) until the supplies are disrupted and out of your control .

@SMoore-vj7bt

2 жыл бұрын

Cheap labor abroad (the ending of the Cold War peace dividend) enabled the extend & pretend extension of the Boomers’ mega debt bubble. Now we pay the piper and the West will collapse into scorched earth as the Boomers depart. WW2 birthed the Boomer baby boom. WW3 circa 2025 - 2027 will usher them out the exit door.

@grosvenorclub

2 жыл бұрын

@@SMoore-vj7bt Correction , you doom and gloomer . The cold war really had little effect on the west , except in some peoples minds ! The boomers started with little and no debt and have now paid off their debts . Now its you younger folk to show you can do better . Luckily we will not be around to hear your moaning

@wishsrdk

2 жыл бұрын

Ahh the good old days argument again... We're fairing a lot better than your 70s oil shocks when y'all used to line up for miles to get gas.

@leezhieng

2 жыл бұрын

what's happening now would have happened back in the 90s if wasn't globalization. Globalization delayed the inevitable and saved your ass once, but I don't think it will work for the second time.

@jeffl915

2 жыл бұрын

@@wishsrdk Ah, the good old Carter years, another fine Democrat that tanked the American economy. Good news for Carter, he will no long be referred to the worst President in American History, that award will go to Biden.

Can’t speak for our cousins over the pond but the prices in the uk have rocketed From fuels to to staples it’s all shot up One thing we do k ow is that some people are getting lightly wealthy

Did anybody noticed the background when this political analyst is talking about inflation? It’s very expensive house! It’s super funny to me

@aaaaii6511

2 жыл бұрын

Let's rob him