Economist’s “News and Views” 11-12-2024
FED EXPOSED: Congress Should Fire Powell, Fed in US Politics & Declining Economy | Ryan McMaken
Lena Petrova: 11-12-2024
Does the Federal Reserve want independence to serve the interests of the banker class? What role has the Federal Reserve played in US politics, and how does it enable the US government's out-of-control spending?
Why should the Fed be banned from purchasing assets?
Ryan McMaken and I discussed whether the Trump administration would seek Fed Chair Jerome Powell's resignation, how the Fed has enabled government spending on programs that do not benefit the American people, its role as a servant of the banker class, and whether it should be abolished.
Ryan shared many important insights into the state of the US economy, the labor market, the Fed's goal with inflation, and what it all means for the US population.
Shocking Truth: "The Monetary System Controls Us, Not Politics!" Mike Maloney
11-12-2024
In this eye-opening discussion, Mike Maloney and Alan Hibbard dive deep into how the monetary system—not which party is in power—shapes our economic reality.
From the role of sound money to the impact of the Federal Reserve, they reveal why inflation and debt continue to rise regardless of political leadership.
Learn how fiat currency and systemic monetary incentives trap the middle and lower classes, and why central banking plays a significant role in driving these economic challenges.
This video sheds light on the economic forces at play and why real change depends on addressing the core of our monetary structure.
WARNING: Buffett Selloff As Market Greed Peaks (Not Seen Since 2007)
Taylor Kenny: 11-12-2024
Warren Buffett has amassed an extraordinary cash reserve at Berkshire Hathaway, reminiscent of the period before the 2008 financial crisis. But what is he anticipating?
In this video, we delve into Buffett’s recent moves, including the sale of significant holdings in Apple and major banks, and what it could signal for the stock market.
Discover why Buffett’s caution could be a critical indicator of deeper market risks and how you can safeguard your wealth against future uncertainties.
CHAPTERS:
00:00 Introduction to Buffett’s recent cash accumulation
00:36 Buffett’s view on banking and risky practices
01:48 Why Buffett is selling Apple shares
03:03 Positioning for opportunity beyond the crash
04:11 Lessons from the 2008 crisis and gold’s role
05:16 “Be fearful when others are greedy” – Buffett’s mantra
06:28 Bank sell-offs and Buffett’s cautious stance
07:36 Clues about global market instability
08:44 Risks of unrealized losses in banking