THIS Is What’s Wrong With Capitalism - Professor Richard Wolff
August 8, 2024
U.S. EMPIRE - FOLLOW THE MONEY
The Jimmy Dore Show
"My whole life I've been greedy, greedy, greedy. I've grabbed all the money I could get. I'm so greedy. But now I want to be greedy for the United States. I want to grab all that money. I'm going to be greedy for the United States." ~Donald Trump
Belief in the idyllic qualities of capitalism may be the closest thing to a national religion we have in the United States. Extolling the virtues of the free market is a near prerequisite for any political figure to win public office.
Yet the flaws of American-style capitalism are evident to anyone willing to merely look around... considering issues like homelessness, overwork, income inequality, environmental destruction, social isolation, empty consumerism, and many others.
Jimmy speaks with economics Professor Richard Wolff, about the boom and bust cycle of capitalism and how worker coops point the way to emerging from all these social ills wrought by the existing system.
Professor Wolff on Twitter: https://x.com/profwolff
Professor Wolff on YouTube: https://www.youtube.com/c/RichardDWolff
Check out that Morning Kick video at: https://ChuckDefense.com/Jimmy
Original: https://youtu.be/ljJ5lEa4uFM
Any help would truly be appreciated!
https://www.patreon.com/ProgressiveTruthSeekers
Please! BUY ME A COFFEE
https://www.buymeacoffee.com/ProgressiveTruthSeekers
#CrimeAgainstHumanity #Profits #WealthTransfer #GreatReset #Plandemic #Vaccines #BillGates #Klaus #Fauci
=
Videos: https://jimmydorecomedy.com/watch
Podcasts: https://jimmydorecomedy.com/podcasts
(Also available on iTunes, Apple Podcasts, Spotify, Google Podcasts, or your favorite podcast player.)
ACCESS TO FULL REPLAYABLE LIVESTREAMS:
Become a Premium Member: https://jimmydorecomedy.com/join
SUPPORT THE JIMMY DORE SHOW:
Make a Donation: https://jimmydorecomedy.com/donate
Buy Official Merch (Tees, Sweatshirts, Hats, Bags): https://jimmydorecomedy.com/store
DOWNLOAD OUR MOBILE APP:
App Store: https://apps.apple.com/us/app/jimmy-dore/id839294547
Jimmy Dore on Twitter: https://twitter.com/Jimmy_Dore
Stef Zamorano on Twitter: https://twitter.com/miserablelib
About The Jimmy Dore Show:
#TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.
Elon Musk Caught Lying Over and Over and Over Again About Venezuela - Ian Carroll
August 4, 2024
U.S. EMPIRE - FOLLOW THE MONEY
The Jimmy Dore Show
Venezuelan President Nicolas Maduro to the growing list of foreign leaders with whom tech billionaire Elon Musk wants to see the U.S. government overthrow.
Venezuela’s President Nicolas Maduro has accused the U.S. and right-wing American tech entrepreneur Elon Musk of attempting to engineer coups in his country which grapples with post-election violence.
“It is a coup orchestrated by the United States and Elon Musk, [Argentinean President Javier] Milei and other... right-wing fascists,” Maduro asserted.
“They are attempting to direct a sequel of the `Guaido’ movie,” the Venezuelan leader said in reference to the 2019 events when dozens of U.S. led Western countries decided to recognize Juan Guaido as the "puppet" president of Venezuela.
“They used the election campaign in an effort to establish a new force,” Maduro said as he called on the people of the Bolivarian republic to be more aware of the past enemy tactics and not fall for U.S. attempts to impose another US “puppet” like Guaido.
Venezuela’s presidential election was held last week. After counting the ballots, the National Electoral Council announced that Maduro won the election with around 52 percent of the votes. His far-right opponent, Edmundo Gonzalez, had only garnered 43 percent of the ballots.
Check out that Morning Kick video at: https://ChuckDefense.com/Jimmy
Original: https://youtu.be/bdy9j_7kpdI
Any help would truly be appreciated!
https://www.patreon.com/ProgressiveTruthSeekers
Please! BUY ME A COFFEE
https://www.buymeacoffee.com/ProgressiveTruthSeekers
#CrimeAgainstHumanity #Profits #WealthTransfer #GreatReset #Plandemic #Vaccines #BillGates #Klaus #Fauci
=
Videos: https://jimmydorecomedy.com/watch
Podcasts: https://jimmydorecomedy.com/podcasts
(Also available on iTunes, Apple Podcasts, Spotify, Google Podcasts, or your favorite podcast player.)
ACCESS TO FULL REPLAYABLE LIVESTREAMS:
Become a Premium Member: https://jimmydorecomedy.com/join
SUPPORT THE JIMMY DORE SHOW:
Make a Donation: https://jimmydorecomedy.com/donate
Buy Official Merch (Tees, Sweatshirts, Hats, Bags): https://jimmydorecomedy.com/store
DOWNLOAD OUR MOBILE APP:
App Store: https://apps.apple.com/us/app/jimmy-dore/id839294547
Jimmy Dore on Twitter: https://twitter.com/Jimmy_Dore
Stef Zamorano on Twitter: https://twitter.com/miserablelib
About The Jimmy Dore Show:
#TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.
Anti-War Activist Passport Confiscated and Pulled Off Plane By State Department - Scott Ritter
June 5, 2024
U.S. and ISRAEL IMPERIALISM - FOLLOW THE MONEY
The Jimmy Dore Show
Former Marine Intelligence Officer and UN weapons inspector Scott Ritter was at JFK airport, prepared to fly to St. Petersburg, Russia.
He was going for a major conference when customs agents, at the behest of the State Department, seized Ritter’s passport and refused to allow him to board the plane.
Jimmy speaks with Scott Ritter about what happened and why he thinks the State Department has targeted him to prevent him from making this particular trip to Russia.
Follow Scott Ritter on Twitter: https://twitter.com/realscottritter
Scott Ritter’s website: https://www.scottritterextra.com/
Wake up everyday and choose freedom, order at https://1775coffee.com/DORE
Original: https://youtu.be/vAHyB-gpCFE
888-804-0303 www.americanfinancing.net/Jimmy
N M L S 1 8 2 3 3 4, N M L S consumer access dot org. APR for rates in the 5s start at 6.799% for well qualified borrowers. Call 888-804-0303 for details about credit costs and terms.
Any help would truly be appreciated!
https://www.patreon.com/ProgressiveTruthSeekers
Please! BUY ME A COFFEE
https://www.buymeacoffee.com/ProgressiveTruthSeekers
#CrimeAgainstHumanity #Profits #WealthTransfer #GreatReset #Plandemic #Vaccines #BillGates #Klaus #Fauci
=
Videos: https://jimmydorecomedy.com/watch
Podcasts: https://jimmydorecomedy.com/podcasts
(Also available on iTunes, Apple Podcasts, Spotify, Google Podcasts, or your favorite podcast player.)
ACCESS TO FULL REPLAYABLE LIVESTREAMS:
Become a Premium Member: https://jimmydorecomedy.com/join
SUPPORT THE JIMMY DORE SHOW:
Make a Donation: https://jimmydorecomedy.com/donate
Buy Official Merch (Tees, Sweatshirts, Hats, Bags): https://jimmydorecomedy.com/store
DOWNLOAD OUR MOBILE APP:
App Store: https://apps.apple.com/us/app/jimmy-dore/id839294547
Jimmy Dore on Twitter: https://twitter.com/Jimmy_Dore
Stef Zamorano on Twitter: https://twitter.com/miserablelib
About The Jimmy Dore Show:
#TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.
Global Community REJECTS World Health Organization Plandemic Treaty
June 2, 2024
ISRAEL IMPERIALISM - FOLLOW THE MONEY
The Jimmy Dore Show
No deal. That was the message for World Health Organization (W.H.O.) chief Tedros Adhanom Ghebreyesus on Friday after his proposed global pandemic treaty was rejected after two years of closed-door meetings in Geneva, Switzerland.
AP reports Roland Driece, co-chair of W.H.O.’s negotiating board for the agreement, acknowledged countries were unable to deliver an agreed proposal. W.H.O. had hoped a final draft treaty could be agreed on at its yearly meeting of health ministers starting Monday in Geneva.
“We are not where we hoped we would be when we started this process,” he said, adding that finalizing an international agreement on how to respond to a pandemic was critical “for the sake of humanity” even as a host of countries disagreed with the basic principle that unelected, unaccountable, health bureaucrats could somehow decide major global decisions on government policies.
Earlier this month, U.S. Republican senators wrote to the Biden administration, arguing the draft treaty focused on issues like “shredding intellectual property rights” and “supercharging the WHO.” They urged Biden not to sign off.
Driece said the World Health Assembly next week would urge participants to make “the right decisions to take this process forward” to one day reach a pandemic agreement “because we need it.”
Addressing a sullen final day of negotiations, the W.H.O. chief insisted, “This is not a failure.”
“We will try everything — believing that anything is possible — and make this happen because the world still needs a pandemic treaty,” Tedros said. “Because many of the challenges that caused a serious impact during COVID-19 still exist.”
Despite the desire of W.H.O. career bureaucrats to push ahead with the scheme, Britain’s department of health had already said it would only agree to an accord if it adhered to British national interest and sovereignty.
https://www.breitbart.com/europe/2024/05/26/no-deal-w-h-o-fails-to-secure-global-pandemic-treaty/
Wake up everyday and choose freedom, order at https://1775coffee.com/DORE
Kurt Metzger on Twitter: https://twitter.com/kurtmetzger
Kurt’s website: http://www.KurtMetzgerComedy.com
Original: https://youtu.be/lcXVS9c3tdw
888-804-0303 www.americanfinancing.net/Jimmy
N M L S 1 8 2 3 3 4, N M L S consumer access dot org. APR for rates in the 5s start at 6.799% for well qualified borrowers. Call 888-804-0303 for details about credit costs and terms.
Any help would truly be appreciated!
https://www.patreon.com/ProgressiveTruthSeekers
Please! BUY ME A COFFEE
https://www.buymeacoffee.com/ProgressiveTruthSeekers
#CrimeAgainstHumanity #Profits #WealthTransfer #GreatReset #Plandemic #Vaccines #BillGates #Klaus #Fauci
=
Videos: https://jimmydorecomedy.com/watch
Podcasts: https://jimmydorecomedy.com/podcasts
(Also available on iTunes, Apple Podcasts, Spotify, Google Podcasts, or your favorite podcast player.)
ACCESS TO FULL REPLAYABLE LIVESTREAMS:
Become a Premium Member: https://jimmydorecomedy.com/join
SUPPORT THE JIMMY DORE SHOW:
Make a Donation: https://jimmydorecomedy.com/donate
Buy Official Merch (Tees, Sweatshirts, Hats, Bags): https://jimmydorecomedy.com/store
DOWNLOAD OUR MOBILE APP:
App Store: https://apps.apple.com/us/app/jimmy-dore/id839294547
Jimmy Dore on Twitter: https://twitter.com/Jimmy_Dore
Stef Zamorano on Twitter: https://twitter.com/miserablelib
About The Jimmy Dore Show:
#TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.
I’m Ashamed To Be Irish – Joe Biden
May 27, 2024
U.S IMPERIALISM - FOLLOW THE MONEY
The Jimmy Dore Show
Joe Biden is downright upset over the recent announced recognition of the Palestinian state by three new European nations... Spain, Norway and Ireland.
Especially as a devoted son of the Emerald Island, Joe Biden can’t believe these nations would dare to side with the oppressed peoples of Palestine.
Voice impression provided by Mike MacRae
Follow Mike MacRae on Twitter: https://x.com/MikeMacRaeMike
Original: https://youtu.be/CYvyWq-LN1Y
Any help would truly be appreciated!
https://www.patreon.com/ProgressiveTruthSeekers
Please! BUY ME A COFFEE
https://www.buymeacoffee.com/ProgressiveTruthSeekers
#CrimeAgainstHumanity #Profits #WealthTransfer #GreatReset #Plandemic #Vaccines #BillGates #Klaus #Fauci
=
Videos: https://jimmydorecomedy.com/watch
Podcasts: https://jimmydorecomedy.com/podcasts
(Also available on iTunes, Apple Podcasts, Spotify, Google Podcasts, or your favorite podcast player.)
ACCESS TO FULL REPLAYABLE LIVESTREAMS:
Become a Premium Member: https://jimmydorecomedy.com/join
SUPPORT THE JIMMY DORE SHOW:
Make a Donation: https://jimmydorecomedy.com/donate
Buy Official Merch (Tees, Sweatshirts, Hats, Bags): https://jimmydorecomedy.com/store
DOWNLOAD OUR MOBILE APP:
App Store: https://apps.apple.com/us/app/jimmy-dore/id839294547
Jimmy Dore on Twitter: https://twitter.com/Jimmy_Dore
Stef Zamorano on Twitter: https://twitter.com/miserablelib
About The Jimmy Dore Show:
#TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.
Vladimir Putin Slams Trudeau Over His Lies - He Knew ALL Along
Feb. 17, 2024
NATO IMPERIALISM - FOLLOW THE MONEY
Redacted with Clayton Morris
During his interview with Tucker Carlson, Putin slammed Justin Trudeau for inviting a Nazi to receive a standing ovation in front of Canada’s parliament.
Former Speaker of the HoC Anthony Rota had to resign and assume responsibility for supposedly not having made the necessary background screening which had led Canada into a rather embarrassing scandal following the incident.
In September 2023, the 98-year-old Nazi collaborator was invited, allegedly by Rota, to attend Zelensky's address at the Canadian parliament. Hunka was introduced as a hero who fought against the Russians during World War II and received two standing ovations from the entire Canadian legislature.
The honoring of the ex-SS member triggered outcries from Russia, Poland, and other countries, with senior Russian and Polish officials suggesting that Hunka should be extradited to face justice in a court of law.
In October 2023, Hunka was charged in absentia with genocide of civilians during World War II by the Russian Investigative Committee. He is accused of participating in large-scale executions of at least 500 civilians in the Lvov region of the Ukrainian Soviet Socialist Republic in 1943-1944.
Original: https://youtu.be/Wn7RdeKscGI
REDACTED MERCH
Go grab some Redacted Merch from our store. Go to https://RedactedStore.com and pick some up. When you get it, send photos of you wearing it to photos@redacted.inc. Can't wait to see you in it!
#Profits #Resources #LandStealing #GreatReset #Censorship #Authoritarianism #Corporatism #Fascism #Plandemic #DollarCollapse #WealthTransfer
=
It's more important than ever to have a home away from these big tech oligarchs. That's why we built https://redacted.inc Please come on over and sign up for FREE, so we always have a way to stay in touch.
moomoo Open and Deposit to get up to 11 FREE stocks valued up to $25,000 + a free share of Lucid: https://redacted.inc/moomoo
Sign up for our Free DAILY newsletter delivered right to your inbox first thing in the morning. https://morninginvest.com
Join our FREE Financial Freedom 90 Day Bootcamp. Totally Free. Download it here: https://morninginvest.com/Bootcamp
Become a Redacted Channel Member right here: https://www.youtube.com/@RedactedNews
About Clayton and Natali Morris:
Clayton Morris is a former Fox News anchor. In Redacted, Clayton and his wife Natali take an in-depth look at the legal, social, financial, and personal issues that matter to you. They want to set the record straight and bring you the stories nobody else is telling. Along with the facts and the full picture, Redacted offers real-world analysis without an agency driven by corporate overloads. With Clayton's extensive journalism experience, he isn't afraid to demand the truth from authorities. Redacted is an independent platform, unencumbered by external factors or restrictive policies, on which Clayton and Natali Morris bring you quality information, balanced reporting, constructive debate, and thoughtful narratives.
DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.
Benjamin Netanyahu's HORRIFYING Christmas Wish
Dec. 27, 2023
ISRAEL IMPERIALISM - FOLLOW THE MONEY
The Jimmy Dore Show
"If Israelis don't want to stand accused of being Nazis, they should simply stop acting like Nazis."
~Norman Finkelstein, Professor of political science and activist (said on April 17, 2002)
Why Netanyahu Thinks America Is Stupid
"I know what America is. America is a thing you can move very easily, move it in the right direction."
~Benjamin Netanyahu, comments about controlling the U.S. government (in secretly taped private meeting in 2001)
Comments About Palestinians
"Beat them up, not once but repeatedly, beat them up so it hurts so badly, until it's unbearable."
~Benjamin Netanyahu
"Palestinians are treated as an inferiour race. Denied access to food and water. And yet no sanctions on Israel for its apartheid regime. Utter hypocrisy."
~Richard Boyd Barrett, Party: Ireland's People Before Profit-Solidarity
Jimmy talks to Due Dissidence hosts Russell Dobular and Keaton Weiss about Benjamin Netanyahu's bloodthirsty genocide Christmas message to the west.
Follow Due Dissidence on Twitter: https://twitter.com/duedissidence
Due Dissidence on Substack: https://substack.com/@duedissidence
Original: https://youtu.be/HdZcjAgY4NY
Any help would truly be appreciated!
https://www.patreon.com/ProgressiveTruthSeekers
Please! BUY ME A COFFEE
https://www.buymeacoffee.com/ProgressiveTruthSeekers
#ResourceStealing #OIL #Profits #Resources #WealthTransfer #GreatReset #Plandemic #USDollarCollapse
=
Videos: https://jimmydorecomedy.com/watch
Podcasts: https://jimmydorecomedy.com/podcasts
(Also available on iTunes, Apple Podcasts, Spotify, Google Podcasts, or your favorite podcast player.)
ACCESS TO FULL REPLAYABLE LIVESTREAMS:
Become a Premium Member: https://jimmydorecomedy.com/join
SUPPORT THE JIMMY DORE SHOW:
Make a Donation: https://jimmydorecomedy.com/donate
Buy Official Merch (Tees, Sweatshirts, Hats, Bags): https://jimmydorecomedy.com/store
DOWNLOAD OUR MOBILE APP:
App Store: https://apps.apple.com/us/app/jimmy-dore/id839294547
Jimmy Dore on Twitter: https://twitter.com/Jimmy_Dore
Stef Zamorano on Twitter: https://twitter.com/miserablelib
About The Jimmy Dore Show:
#TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.
Corporate Profits Were Biggest Driver Of Inflation In Europe, IMF Admits
June 27, 2023
Geopolitical Economy Report
HOW CORPORATE PROFITS ARE DRIVING INFLATION, NOT WORKERS' WAGES
Corporate profits have been the biggest contributor to inflation in Europe since 2021.
This is according to a study published by the International Monetary Fund (IMF).
"Rising corporate profits account for almost half the increase in Europe's inflation over the past two years as companies increased prices by more than spiking costs of imported energy", wrote IMF economists this June.
The IMF said "companies may have to accept a smaller profit share if inflation is to remain on track to reach the European Central Bank's 2-percent target in 2025".
IMF economists Niels-Jakob Hansen, Frederik Toscani, and Jing Zhou detailed their findings in a research paper, "Euro Area Inflation after the Pandemic and Energy Shock: Import Prices, Profits and Wages".
They found that domestic profits were responsible for 45% of the average change in consumption deflator (inflation) from the first quarter of 2022 to the first quarter of 2023, whereas rising import prices contributed 40%.
Some of the main factors contributing to rising import prices have included supply-chain disruptions due to the Covid-19 plandemic, the war in Ukraine, and Western sanctions on Russia - one of the world's leading producers of oil, gas, fertilizer, and wheat - which caused a big spike in global commodity prices.
However, the share of inflation caused by import prices reached its peak in mid-2022 and has since been falling.
This suggests that post-plandemic supply-chain problems have largely been solved, and some commodity prices have dropped. But corporations have continued hiking prices anyway.
The IMF economists noted that "the results show that firms have passed on more than the nominal cost shock, and have fared relatively better than workers".
Many neoliberal economists and Western central bank officials have ignored the rise in corporate profits, however, and instead blamed inflation on workers' wages.
In response to the inflation that shot up as the world came out the plandemic, the European Central Bank and US Federal Reserve have been aggressively raising interest rates, at a speed not seen since the Volcker Shock of the 1980s.
Fed chair Jerome Powell admitted that his goal is to "get wages down".
Former US Treasury Secretary and World Bank chief economist Larry Summers called for five years at 6% unemployment or a year at 10% unemployment in order to bring down inflation.
They put the blame largely on workers, overlooking how companies have exploited a time of uncertainty to make a killing.
Economist Isabella Weber was correct about 'sellers' inflation'
Perhaps the most vocal economist in calling for her discipline to research how corporations have contributed to inflation in the past two years is Isabella M. Weber.
A professor at the University of Massachusetts Amherst, Weber has dubbed this "sellers' inflation".
Yet, while her work is meticulously sourced, Weber has faced harsh criticism from neoliberal economists.
In December 2021, she published an op-ed in The Guardian titled "Could strategic price controls help fight inflation?"
In the debates around inflation, "a critical factor that is driving up prices remains largely overlooked: an explosion in profits", Weber wrote. "In 2021, US non-financial profit margins have reached levels not seen since the aftermath of the second world war. This is no coincidence".
She noted that "large corporations with market power have used supply problems as an opportunity to increase prices and scoop windfall profits".
Weber's article set off a firestorm, and she was brutally attacked. New York Times pundit Paul Krugman claimed Weber's call for price controls was "truly stupid."
In February 2023, Weber published an academic article further explaining the phenomenon: "Sellers' Inflation, Profits and Conflict: Why can Large Firms Hike Prices in an Emergency?"
The IMF economists in fact cited this Weber article in their own working paper on inflation in Europe.
Rethinking inflation
Contemporary mainstream economists typically discuss three types of inflation: demand-pull inflation, cost-push inflation, and built-in inflation.
Cost-push inflation happens when the prices of inputs used in the production process increase. When the international prices of commodities like oil or gas skyrocket, in response to the war in Ukraine for instance, this contributes to cost-push inflation.
Built-in inflation accounts for expectations that inflation that happened in the past will repeat in the future. Corporations often increase their prices every year, for example, simply because they expect costs to increase, not because they actually did increase (but by doing so, costs do sometimes increase).
However, discussions of inflation among Western neoliberal economists are usually focused on demand-pull inflation.
The godfather of monetarism, infamous right-wing University of Chicago economist Milton Friedman, argued that "inflation is always and everywhere a monetary phenomenon", and specifically consisted of demand-pull inflation: "too much money chasing too few goods".
Friedman was an inspiration for Chile's fascist dictator Augusto Pinochet, who came to power in 1973 in a CIA-backed military coup against the South American nation's democratically elected socialist president, Salvador Allende.
Friedman was so fixated on government monetary policy that he essentially argued that cost-push inflation doesn't exist, claiming it was merely a product of demand-pull inflation.
But this recent IMF study shows that the right-wing, monetarist view of inflation is much too simplistic. Capitalist firms can cause inflation simply by hiking up their profits to unreasonable levels.
Nevertheless, some monetarist holdovers today still insist that the inflation the world saw following the Covid-19 plandemic was merely caused by central bank money printing.
This fails to explain why there was little consumer price index inflation in the first 12 years of quantitative easing (QE), from 2008 to 2020, before the plandemic hit, and why QE suddenly caused prices to rise only around 2021.
Economist Michael Hudson has pointed out that QE by the US Federal Reserve and European Central Bank in fact fueled asset price inflation, not consumer price index inflation.
In an interview with Geopolitical Economy Report in September 2022, Hudson explained:
The result [of quantitative easing] has been $9 trillion, essentially, of bank liquidity that the Federal Reserve has pushed in.
Now, despite the fact that it is asset price inflation, the fact is that asset price inflation has all occurred on credit.
The asset price inflation has occurred when the Federal Reserve makes basically repo swaps with the banks, enabling the banks to deposit some of their packaged mortgage loans, or bonds, government bonds or even junk bonds, with the Fed.
And they get a deposit with the Fed that enables them to now turn around, as if the Fed was depositing money in the bank like a depositor, letting it lend more, and more, and more for real estate, which has pushed up the price.
Real estate is worth whatever a bank will lend against it. And the banks have been lowering the margin requirements, easing the the terms of the loan.
So the banks have inflated the real estate market, and also the stock and bond market.
The bond market from 2008 today has had the biggest bond rally in history. You can imagine the bond prices going down to below 0%. This is a huge capitalization of the bond rate.
So it has been a bonanza for people who held bonds, especially bank bonds. And it has inflated the top of the pyramid.
But if you inflate it on debt, then somebody has to pay the debt. And the debt, as I just said, is the 90% of the population.
So the fact is that asset price inflation and debt deflation go together, because the wealth part of the economy, the ownership part, has been vastly inflated, the price of wealth relative to labor.
But the debtor part has been has been squeezed by families having to pay much more of their income on mortgages, or credit cards, or student debt, leaving less and less to purchase goods and services.
So if there is a debt deflation, then why do we have a price inflation now? Well, the price inflation is largely a result of the war [in Ukraine], the sanctions that the United States has imposed on Russia.
Russia was, as you know, a major gas exporter, oil exporter, and also the largest agricultural exporter in the world.
So if you exclude Russian oil, Russian gas, Russian agriculture from the market, you're going to have a shortage of supply, and you're going to have the prices way up.
So the oil, energy, and food have been a key element.
And also, under the Biden administration and certainly the Trump administration, there has been no enforcement of monopoly prices.
READ MORE: https://geopoliticaleconomy.substack.com/p/corporate-profits-inflation-europe-imf
Original: https://youtu.be/qdZbq1iw-ho
Please consider supporting us at https://GeopoliticalEconomy.com/Support
=
- Geopolitical Economy Report -
Please consider supporting us at https://GeopoliticalEconomy.com/Support
Patreon: https://Patreon.com/GeopoliticalEconomy
Podcast: https://soundcloud.com/GeopoliticalEconomy
Newsletter: https://GeopoliticalEconomy.Substack.com
29 People Make Money Every Time Someone Is Arrested
Dec. 16, 2013
Larry King
PRISON INDUSTRIAL COMPLEX - FOLLOW THE MONEY
Hill Harper, Judge Joe Brown, and defense attorney Mark Geragos dissect the ways people profit from a large prison population.
Original: https://youtu.be/SytrBD_EBp8
=
Watch the Full Interview Here: http://www.ora.tv/larrykingnow
Subscribe: https://www.youtube.com/user/larrykingnow
Twitter: http://twitter.com/OraTV
Use #LarryKingNow to make comments and ask us questions on Twitter!
Facebook: http://www.facebook.com/OraTV & http://www.facebook.com/LarryKing
Donald Trump ADMITS The United States Was Behind 2014 Coup In Ukraine
Feb. 22, 2023
The Jimmy Dore Show
THE CURRENCY WAR - FOLLOW THE MONEY
Donald Trump recently released a video in which he not only admits that the United States was behind the 2014 coup in Ukraine but also pledging that, if elected, he will “clean house” at the CIA, State Department and FBI. Trump claims to be the “peace candidate” and that everyone agrees he was the best foreign policy president while even Joe Biden’s advisors admit the current administration is incompetent.
Guest host Aaron Maté and Americans’ Comedian Kurt Metzger discuss Trump’s revisionist history about his own administration’s escalation of tensions with Russia.
For more information on the rally and other related upcoming events, visit https://rageagainstwar.com
Original: https://youtu.be/l3UT8RRI3i8
Follow Aaron’s Substack here: https://mate.substack.com
Follow Aaron on Twitter: https://twitter.com/AaronJMate
Kurt Metzger on Twitter: https://twitter.com/kurtmetzger
Kurt’s website: http://www.KurtMetzgerComedy.com
#CovidScam #GreatReset #Plandemic #CurrencyWar #BillGates #Klaus
=
Videos: https://jimmydorecomedy.com/watch
Podcasts: https://jimmydorecomedy.com/podcasts
(Also available on iTunes, Apple Podcasts, Spotify, Google Podcasts, or your favorite podcast player.)
ACCESS TO FULL REPLAYABLE LIVESTREAMS:
Become a Premium Member: https://jimmydorecomedy.com/join
SUPPORT THE JIMMY DORE SHOW:
Make a Donation: https://jimmydorecomedy.com/donate
Buy Official Merch (Tees, Sweatshirts, Hats, Bags): https://jimmydorecomedy.com/store
DOWNLOAD OUR MOBILE APP:
App Store: https://apps.apple.com/us/app/jimmy-dore/id839294547
Jimmy Dore on Twitter: https://twitter.com/Jimmy_Dore
Stef Zamorano on Twitter: https://twitter.com/miserablelib
About The Jimmy Dore Show:
#TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.
They DO NOT Want You To See This So They, GOOGLE Are "Prebunking" Your Search Results
Feb. 21, 2023
Redacted with Clayton Morris
AUTHORITARIAN CENSORSHIP - FOLLOW THE MONEY
Google is expanding its "disinformation" campaign in Germany and India by rolling out ads aimed at "prebunking" content that it does not agree with.
These are videos that Google will produce and run on Facebook, YouTube and TikTok that they hope to counter information that it does not like.
Topics include Covid, immigration, climate change, elections, authoritarian propaganda, distrust in democratic institutions, to name a few.
But why is Google the authority in these areas? As you can imagine, we have many questions.
Original: https://youtu.be/jXX-Px2C3bo
#CovidScam #GreatReset #Plandemic #USDollarCollapse #BillGates #Klaus
=
Read Clayton and Natali's Amazon best-selling book on finance. How To Pay Off Your Mortgage in 5 Years: https://amzn.to/3Guh4IC
My thanks to Traction Uranium for sponsoring today's video. You can read about their latest uranium projects and drilling plans right here: https://tractionuranium.com
Traction's stock ticker is: TRCTF
It's more important than ever to have a home away from these big tech oligarchs. That's why we built https://redacted.inc Please come on over and sign up for FREE, so we always have a way to stay in touch.
moomoo Open and Deposit to get up to 11 FREE stocks valued up to $25,000 + a free share of Lucid: https://redacted.inc/moomoo
And for our Australian friends you can sign up for moomoo right here: https://j.moomoo.com/00l2fm
Sign up for our Free DAILY newsletter delivered right to your inbox first thing in the morning. https://morninginvest.com
Join our FREE Financial Freedom 90 Day Bootcamp. Totally Free. Download it here: https://morninginvest.com/Bootcamp
Become a Redacted Channel Member right here: https://www.youtube.com/channel/UCoJhK5kMc4LjBKdiYrDtzlA/join
About Clayton and Natali Morris:
Clayton Morris is a former Fox News anchor. In Redacted, Clayton and his wife Natali take an in-depth look at the legal, social, financial, and personal issues that matter to you. They want to set the record straight and bring you the stories nobody else is telling. Along with the facts and the full picture, Redacted offers real-world analysis without an agency driven by corporate overloads. With Clayton's extensive journalism experience, he isn't afraid to demand the truth from authorities. Redacted is an independent platform, unencumbered by external factors or restrictive policies, on which Clayton and Natali Morris bring you quality information, balanced reporting, constructive debate, and thoughtful narratives.
DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.
The United States 'Neo-Imperialist' Dollar Scheme Explained by Economist Yanis Varoufakis
THE GREAT CURRENCY WAR
Feb. 3, 2023
Geopolitical Economy Report - Ben Norton
Greece's former Finance Minister Yanis Varoufakis explains the US system of "Neo-Imperialism" based on the dollar, an "IOU issued by the hegemon."
Which finances a huge trade deficit by letting foreign capitalists "extract colossal surplus value from their workers and then stash it away in America's rentier economy."
When President Richard Nixon ended the convertibility of the dollar into gold in 1971, it became merely an "IOU issued by the hegemon", Varoufakis explained.
This dollar "IOU" financed the United States' huge trade deficit by letting foreign capitalists "extract colossal surplus value from their workers and then stash it away in America's rentier economy."
The US trade deficit became a "huge vacuum cleaner" that "was sucking into America the net exports of Germany, Japan, and China, Varoufakis continued.
But deficit countries in the Global South "had to borrow from Wall Street to import medicines, energy, and the raw materials necessary to produce their own exports for earning the dollars with which to repay Wall Street."
When Global South countries could no longer pay their debts to the bondholders on Wall Street, "the West sent in the bailiffs, the International Monetary Fund", which imposed mass privatizations and neoliberal economic policies, Varoufakis pointed out.
Economist Michael Hudson first exposed this system back in 1972, in his book "Super Imperialism: The Economic Strategy of American Empire". (Hudson published an updated, third edition in 2021.)
Varoufakis provided his analysis of the US dollar hegemony scheme in a speech he delivered in Cuba in January 2023, at the "International Conference for the Balance of the World," a meeting organized to advocate for the New International Economic Order.
In his remarks, Varoufakis also condemned the new cold war, and called for a new non-aligned movement.
At the same conference, a German member of parliament from Die Linke (the Left Party), Sevim Dagdelen, denounced the NATO proxy war in Ukraine and warned that European Union members states have become "servile vassals" that are "pursuing the interests of US corporations and following foreign policy instructions from Washington."
Original: https://youtu.be/yohXMsuxzDA
Sources and more information here:
https://geopoliticaleconomy.com/2023/02/03/us-imperialism-dollar-hegemony-yanis-varoufakis/
German lawmaker condemns `US-led proxy war against Russia' and EU's 'servile vassals':
https://geopoliticaleconomy.com/2023/01/28/german-lawmaker-us-proxy-war-russia-ukraine-eu/
Varoufakis' full speech: https://youtube.com/watch?v=6MfuGSlDRsc
Super Imperialism - The Economic Strategy of American Empire, by Michael Hudson
https://michael-hudson.com/books/super-imperialism-the-economic-strategy-of-american-empire/
https://thegrayzone.com/2021/10/19/super-imperialism-economist-michael-hudson/
https://www.amazon.com/Imperialism-Economic-Strategy-American-Empire/dp/3981826086
=
- Geopolitical Economy Report -
Please consider supporting us at https://GeopoliticalEconomy.com/Support
Patreon: https://Patreon.com/Multipolarista
Podcast: https://soundcloud.com/GeopoliticalEconomy
Telegram: https://t.me/GeopoliticalEconomy
"Science Community Betrayed Public Trust On COVID Purposely" – Says Newsweek
Feb. 2, 2023
The Jimmy Dore Show
PLANDEMIC - FOLLOW THE MONEY
It's still unclear at this point whether there will ever be a complete reckoning with all the misinformation, disinformation and outright lies that were spread by authorities in government, corporate media and the corporate sector about COVID and vaccines during the pandemic.
But one mea culpa DID recently appear in Newsweek, penned by Texas MD/Ph.D student Kevin Bass, who explained at length how lives were lost and confidence in institutions.
Undermined by the knowing spread of false information and defamation of anyone who contradicted the establishment's COVID narrative.
Jimmy and Americans' Comedian Kurt Metzger discuss the question of whether to forgive all of the people who've maligned them for contradicting the establishment narrative on COVID.
Original: https://youtu.be/mbl7gatVa2s
Kurt Metzger on Twitter: https://twitter.com/kurtmetzger
Kurt's website: http://www.KurtMetzgerComedy.com
=
Videos: https://jimmydorecomedy.com/watch
Podcasts: https://jimmydorecomedy.com/podcasts
(Also available on iTunes, Apple Podcasts, Spotify, Google Podcasts, or your favorite podcast player.)
ACCESS TO FULL REPLAYABLE LIVESTREAMS:
Become a Premium Member: https://jimmydorecomedy.com/join
SUPPORT THE JIMMY DORE SHOW:
Make a Donation: https://jimmydorecomedy.com/donate
Buy Official Merch (Tees, Sweatshirts, Hats, Bags): https://jimmydorecomedy.com/store
DOWNLOAD OUR MOBILE APP:
App Store: https://apps.apple.com/us/app/jimmy-dore/id839294547
Jimmy Dore on Twitter: https://twitter.com/Jimmy_Dore
Stef Zamorano on Twitter: https://twitter.com/miserablelib
About The Jimmy Dore Show:
#TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.
Will the United States Dollar Die? - Robert Kiyosaki, Kim Kiyosaki, Andy Schectman
Sept. 21, 2022
The Rich Dad Channel
GREAT RESET - FOLLOW THE MONEY
Why did gold become a tier 1 asset? Why are the most populated nations hoarding gold? Why is the most prominent and most wealthy pulling gold off the Comex? Today’s guest describes how the changes starting in 2017 are cause for concern for the future of the U.S. dollar and its position as the world's reserve currency.
Andy Schectman, President & Founder of Miles Franklin Precious Metals, says, “What I’m about to tell you is the most significant in my career and maybe all of our lives.” He goes on to describe what he calls “mile markers” that when combined, paint a disastrous outcome for the U.S. dollar.
Hosts Robert and Kim Kiyosaki and guest Andy Schectman discuss the four signs the dollar may be toast and more importantly, what you can do to protect your wealth.
Visit Miles Franklin Precious Metals online.: https://www.milesfranklin.com
Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: https://masterworks.art/richdad
Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more.
See important Masterworks disclosures: https://www.masterworks.com/about/disclaimer?utm_flag=www.masterworks.io+redirect
Original: https://youtu.be/zwQ91P8vLqE
Connect with Mark Moss:
Instagram: @1markmoss
Facebook: https://www.facebook.com/1markmoss
LinkedIn: https://www.linkedin.com/in/markmoss/
Twitter: @1markmoss
#financialeducation #robertkiyosaki #Capitalism #GreatReset #USDollarCollapse
=
Facebook: @RobertKiyosaki
https://www.facebook.com/RobertKiyosaki/
Twitter: @TheRealKiyosaki
https://twitter.com/theRealKiyosaki
Instagram: @TheRealKiyosaki
https://www.instagram.com/therealkiyosaki/
Civil Unrest & Global Protests: It's Going to Get WORSE!!
Sept. 10, 2022
Coin Bureau
'Worst Yet to Come' as Global Civil Unrest Index Hits All-Time High
"Over the coming months, governments across the world are about to get an answer to a burning question: Will protests sparked by socioeconomic pressure transform into broader and more disruptive anti-government action?"
The risk of civil unrest is rising in over 100 nations, with the "worst yet to come," according to an analysis published Thursday by the U.K.-based consulting firm Verisk Maplecroft.
Incorporating data going back to 2017, the latest update to the firm's civil unrest index (CUI) shows that the last quarter of this year "saw more countries witness an increase in risks from civil unrest than at any time since the index was released," the analysis states. "Out of 198 countries, 101 saw an increase in risk, compared with only 42 where the risk decreased."
"In December 2020, we warned of a new era of civil unrest, projecting that 75 countries would see an increase in civil unrest risk by August 2022. The reality has been far worse, with 120 countries witnessing an increase in risk since then," the firm pointed out.
"With more than 80% of countries around the world seeing inflation above 6%, socioeconomic risks are reaching critical levels," the analysis explains. "Almost half of all the countries on the CUI are now categorized as high- or extreme-risk, and a large number of states are expected to experience a further deterioration over the next six months."
In a separate index, measuring government stability within countries, the firm found that 42 nations saw an increased risk of having their governments challenged or toppled compared with 27 countries where it dropped. The analysis says that "although the negative trend is less marked than for civil unrest, rising food and energy prices will make it more difficult for governments to manage popular discontent."
"Over the coming months," the firm is now warning, "governments across the world are about to get an answer to a burning question: Will protests sparked by socioeconomic pressure transform into broader and more disruptive anti-government action?"
As Jimena Blanco, the company's chief analyst, put it: "We're talking about numerous powder kegs around the world simply waiting for that spark to be ignited. We don't know where that spark will come first."
However, she told The Guardian, "the situation is so bad in places like Haiti, Myanmar, and Sudan that it is hard for them to become much worse. Therefore, countries in Europe that have to date enjoyed much more stable environments are likely to see bigger increases in risk."
The analysis specifically raises alarm about Bosnia and Herzegovina, Switzerland, Netherlands, Germany, and Ukraine—which was invaded by Russia in February, and continues to endure a war with global repercussions, especially in terms of energy.
Echoing Blanco, Torbjorn Soltvedt, the firm's principal analyst for the Middle East and North Africa, told Reuters that "over the winter, it wouldn't come as a surprise if some of the developed nations in Europe start to see more serious forms of civil unrest."
Describing expected unrest in an interview with Bloomberg, Blanco emphasized that "these are significant events in terms of disrupting everyday life," and some emerging markets could see "rioting, looting, even attempts to overthrow the government."
According to The Guardian:
Blanco said political events in Latin America "may feed into drivers of unrest."
Chile is preparing to vote on a new constitution, she said, and Brazil is heading into a polarized general election. "In Argentina the government is effectively collapsing amid ongoing unrest," she added. "The question is whether the unrest will escalate into something more profound."
Reiterating previous analysis, the firm said Thursday that in terms of government stability, "middle-income countries that were rich enough to offer social protection during the Covid-19 pandemic, but are struggling to maintain high levels of social spending during 2022, are likely to face the highest risk."
"For governments unable to spend their way out of the crisis, repression is likely to be the main response to anti-government protests," the analysis states, specifically pointing to Iran. "But suppression comes with its own risks, leaving disgruntled populations with fewer mechanisms for channeling their dissent at a time of growing frustration with the status quo."
As an example, the firm noted the Turkish government's attempt to criminalize independent economic data, while adding that "this is far from an isolated case."
Verisk Maplecroft's freedom of opinion and expression index shows that over the past two years, 66 countries have tightened restrictions. The analysis says that "Chile and Sri Lanka, both of which have been rocked by large-scale civil unrest this year—account for the biggest increase in risk for this issue."
Original: https://youtu.be/GqnJ9QL0y1E
#USDollarCollapse #GreatReSet #Fascism #Capitalism #Authoritarianism #Imperialism
Disclaimer
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
=
Central Bank Digital Currencies Explained: https://youtu.be/_ErRWQWPs8Q
Best Cryptocurrency Hardware Wallets: https://youtu.be/_t3Brlb0qzQ
Fiat Ponzi Scheme: https://youtu.be/L_f6R0DHNH0
How To Research Cryptocurrency: https://youtu.be/HCLWDGYnAzk
Bitcoin Bad For The Environment?: https://youtu.be/DidAwxWaDKI
Subscribe: https://www.youtube.com/channel/UCqK_GSMbpiV8spgD3ZGloSw
TOP Crypto TIPS In My Newsletter https://guy.coinbureau.com/signup/
Insider Info in my Socials https://guy.coinbureau.com/socials/
"Bitcoin Evolution" Hoody https://store.coinbureau.com
Get The Best Deals In Crypto https://guy.coinbureau.com/deals/
Brutal Trudeau Regime Tramples Elderly With War Horses
Feb. 19, 2022
The COVID World
In an incident now being described as Canada’s “Tiananmen Square” — referring to communist China’s brutal 1989 massacre of students and freedom protesters — Justin Trudeau’s government regime has unleashed war horses to trample the elderly on the streets of Ottawa.
The following video, now going viral across the ‘net, shows mounted Canadian police deliberately driving their massive “war horses” directly into a crowd of peaceful protesters, causing the inevitable trampling of innocent human beings.
This next video explains that a “peace-loving grandmother” was trampled to death by mounted police. There are conflicting reports on the status of this elderly woman, and other reports say she survived the assault, suffering a separated shoulder.
By invoking emergency powers last week, Justin “Castro” Trudeau made himself dictator of Canada and he appears to be committed to using violence, lawlessness and financial terrorism against the citizens of Canada. Just like the lying corporate media, Trudeau has declared the freedom protesters to be “racists” and “terrorists”. This, he believes, justifies trampling them with war horses and seizing their bank accounts and crypto funds.
The freedom-loving people of Canada are rapidly waking up to the reality that Justin “Castro” Trudeau is following in the footsteps of Adolf Hitler in declaring a permanent emergency to seize power and nullify civil liberties.
The only question now is how quickly the people of Canada will rise up against this tyranny and demand the arrest and criminal prosecution of all those in the Trudeau regime who carried out these crimes against humanity.
https://thecovidworld.com/brutal-trudeau-regime-tramples-elderly-with-war-horses/