One Minute Economics
One Minute Economics
  • Видео 427
  • Просмотров 21 995 693
Why Trading Is a Scam Explained in One Minute
Whether you call it trading, day trading or by any other name... it's a scam, plain and simple.
I have launched the NeverTrade.org non-profit initiative to make one thing and one thing only crystal clear: investing is great, trading is a scam.
Not only is it a scam but it is in my view the number one mental health risk of our generation when it comes to the financial dimension of life, with potential consequences which will unfortunately make 1929 seem like a walk in the park.
Lives are being ruined as we speak due to retail trading being such a poorly understood phenomenon and what we are seeing in the present is but the tip of the proverbial iceberg. Once the economy turns sour and an even...
Просмотров: 3 224

Видео

How AI Might Take Your Job Explained in One Minute
Просмотров 1,6 тыс.2 месяца назад
When analyzing this topic, most people are afraid of the wrong thing, of something along the lines of fully autonomous AI agents completely taking over. Which, for the foreseeable future and for the overwhelming majority of jobs, is VERY unlikely. Does this mean your job is safe? I'm afraid not. Because as this video makes clear, it's not AI robots like you see in SciFi movies that you should b...
The Housing Affordability Crisis Explained in One Minute
Просмотров 2,9 тыс.3 месяца назад
In more and more jurisdictions, owning a home is becoming increasingly difficult, with consequences that go far beyond the economic dimension? Why? Simply because we are no longer referring to discretionary spending, to the proverbial avocado toast and what not, but rather to a necessity. At the end of the day, no matter what it is you do for a living, you need a place to... well, live. Thus, t...
2024 Economics in One Minute: Poor Sentiment vs. Strong (?) Metrics
Просмотров 2,4 тыс.4 месяца назад
A belated happy 2024 to all One Minute Economics supporters! With a new year upon us, it makes sense to give adequate attention to the main narratives with respect to economics in 2024. And a fair case could be made that an epic battle between sentiment and metrics is in the spotlight this year. More specifically, a battle between statistics that paint a positive picture of the economy on the o...
Should You Invest in Gold? A One Minute Perspective
Просмотров 4,4 тыс.8 месяцев назад
More and more people, especially in times of turmoil (economic, geopolitical or otherwise) are asking themselves if it's time to gain at least some exposure to gold. If you are in it for the long haul, then the answer to any questions as to whether or not you should invest in gold tends to be affirmative. There is, in my view, room for precious metals in pretty much all portfolios. At the same ...
GiganticWebsites.com: We Build Ultra-Affordable Scalable Websites With THOUSANDS of Quality Articles
Просмотров 9 тыс.10 месяцев назад
Yep, GiganticWebsites.com is my own project and as peculiar as it may seem to those of you who know me strictly as an economist or author, there is method to my madness :) Simply put, today's technology evens the playing field in a game-changing manner, enabling the average person to launch truly gigantic websites that used to cost hundreds of thousands or even millions of dollars at ridiculous...
Buying Gold in Canada (and Elsewhere) Explained in One Minute
Просмотров 7 тыс.Год назад
This one minute video explains what buying gold in Canada is all about and also provides a fair bit of useful information which pertains to buying gold in general. While nothing is certain, let's just say making the case for an environment where it will be time for gold to shine becomes easier and easier as time passes. Canadians in particular have a wide range of options at their disposal if t...
Getting Rich Quick vs. Getting Rich Slowly: A One Minute Comparison
Просмотров 6 тыс.Год назад
We are literally overwhelmed by "get rich quick" offerings, from mastermind courses to various more or less sketchy products... but is getting rich quick really the way to go? No, not really, with this video explaining why getting rich slowly represents the superior alternative. Does this mean getting rich quick is impossible? Of course not, as it isn't difficult to point to individuals who hav...
Investing in Gold with an IRA, 401k, TSP, Roth IRA or Other Retirement Plan Explained in One Minute
Просмотров 3,5 тыс.Год назад
In light of today's inflation-related uncertainties, it should come as no surprise that more and more individuals are interested in gaining exposure to gold in one way or another. Not only that, increasing attention is also paid to the different manners in which one can gain exposure to gold, because capital allocation opportunities come in all shapes and sizes. How do you go about investing in...
(NeverTrade.org) Why You Should Never Day Trade: The Risks of Retail Trading Explained in One Minute
Просмотров 4,3 тыс.Год назад
I've done this economics thing for many, many years. And over these years, I couldn't help but realize that the more you learn, the more you realize how little you know... especially in this field, I dare say :) However, despite the fact that so few certainties exist, there is one thing I am convinced of: retail trading ruins lives. Don't day trade, in other words, just don't. From countless st...
Economists Can't Predict the Future: The Limits of Economic Predictions Explained in One Minute
Просмотров 2,5 тыс.Год назад
If there is one thing that has been repeated obsessively since One Minute Economics has been launched many moons ago, it's this: economists cannot predict the future. With those who believe otherwise either lying to you or lying to themselves about this mystical ability that nobody has. Now there is bad and good news associated with the reality that economists cannot predict the future and that...
Economics vs. Real Life in One Minute: The Ultimatum Game, Complexity and Data Reliability Issues
Просмотров 2,8 тыс.Год назад
Far too many times, we come across economic models that seem downright brilliant on paper: top-notch math, logic, you name it... yet when they end up being implemented in the proverbial real world by for example being included in economic policy choices, said models disappoint. Why? Simply because in real life, things are (unfortunately for forecasters) ridiculously complex. "Ceteris paribus" s...
Does Money Buy Happiness? Hedonic Treatmill, Income-Happiness Paradox and Social Comparison Theory
Просмотров 2,4 тыс.Год назад
The age-old question: does money buy happiness? As this animation will hopefully explain, the answer is "kind of but not really" or in other words, while short-term effects and effects in general undoubtedly exist, money doesn't really buy happiness in the long run. More specifically: 1) The income-happiness paradox makes it clear that money only "buys" happiness up until a certain income level...
Optimism and Positive Thinking During a Financial or Economic Crisis: A One Minute Perspective
Просмотров 2,1 тыс.Год назад
Optimism and Positive Thinking During a Financial or Economic Crisis: A One Minute Perspective
Decentralization Explained in One Minute: Bitcoin vs. Altcoins
Просмотров 9 тыс.Год назад
Decentralization Explained in One Minute: Bitcoin vs. Altcoins
Blockchain Technology Use Cases Explained in One Minute
Просмотров 4,1 тыс.Год назад
Blockchain Technology Use Cases Explained in One Minute
Simpson's Paradox Explained in One Minute
Просмотров 17 тыс.Год назад
Simpson's Paradox Explained in One Minute
The Most Expected Recession (?) Explained in One Minute
Просмотров 2,4 тыс.Год назад
The Most Expected Recession (?) Explained in One Minute
Retail Trader Speculation Explained in One Minute - Meme Stocks, Meme Cryptocurrencies, etc.
Просмотров 1,7 тыс.Год назад
Retail Trader Speculation Explained in One Minute - Meme Stocks, Meme Cryptocurrencies, etc.
Alternative Investments Explained in One Minute
Просмотров 12 тыс.Год назад
Alternative Investments Explained in One Minute
The European Union's Energy Crisis Explained in One Minute
Просмотров 32 тыс.Год назад
The European Union's Energy Crisis Explained in One Minute
Peer-to-Peer Lending in Europe via Monestro Explained in One Minute
Просмотров 2,2 тыс.Год назад
Peer-to-Peer Lending in Europe via Monestro Explained in One Minute
Why Art Investing Is NOT Just for Billionaires - Masterworks Explained in One Minute
Просмотров 6 тыс.2 года назад
Why Art Investing Is NOT Just for Billionaires - Masterworks Explained in One Minute
Why and HOW to Boycott Russia Economically Explained in One Minute
Просмотров 23 тыс.2 года назад
Why and HOW to Boycott Russia Economically Explained in One Minute
"Kidpreneurs" - One Minute Explanation
Просмотров 6 тыс.2 года назад
"Kidpreneurs" - One Minute Explanation
"The Everything Bubble" Explained in One Minute
Просмотров 14 тыс.2 года назад
"The Everything Bubble" Explained in One Minute
Cayman Islands' Economics in One Minute
Просмотров 10 тыс.2 года назад
Cayman Islands' Economics in One Minute
Prosperous Universe (Space Economics Game) Explained in One Minute
Просмотров 6 тыс.2 года назад
Prosperous Universe (Space Economics Game) Explained in One Minute
The Economics (?) Behind Polarization Explained in One Minute
Просмотров 4,2 тыс.2 года назад
The Economics (?) Behind Polarization Explained in One Minute
The Economics Behind Content Creation and Monetization Explained in One Minute
Просмотров 7 тыс.3 года назад
The Economics Behind Content Creation and Monetization Explained in One Minute

Комментарии

  • @Hannahbenowitz
    @Hannahbenowitz 5 часов назад

    I never viewed metals as an investment, but I always saw it as a great way to save your cash & retain the value from when you bought it. It’s not hard to turn it to liquid cash, and it beats letting inflation destroy your savings.

    • @JosephineKenney
      @JosephineKenney 5 часов назад

      You are in for a nasty surprise, my friend. Gold is often hailed as a hedge against inflation-increasing in value as the purchasing power of the dollar declines. However, government bonds are more secure and have shown to pay higher rates when inflation rises, and Treasury TIPS provide built-in inflation protection.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 5 часов назад

      I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.

    • @HildaBennet
      @HildaBennet 5 часов назад

      Hmmm this is quite interesting, Please can you leave the info of your investment advisor here? I’m in dire need for one.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 5 часов назад

      “Sharon Lee Peoples” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @HildaBennet
      @HildaBennet 5 часов назад

      I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

  • @Empty-Profile
    @Empty-Profile День назад

    “Erm, achully this video is 1 minutes and 30 SECONDS!☝️🤓”

  • @danmccurry3810
    @danmccurry3810 День назад

    Good job in this video clip, short and sweet.. What can possibly go wrong with derivatives? Most of us have heard of the collapse of Leman Brothers in the middle of the housing crisis of 2008.

  • @Hellmood_CZ
    @Hellmood_CZ День назад

    globalism is the best

  • @saeed7099
    @saeed7099 День назад

    i was expecting to spend at least an hour to get this concept down. I got the basic concept by watching this video in about 5 minutes (watched more than once.) You're doing God's work son!!

  • @amazonproducts12378
    @amazonproducts12378 День назад

    Very nice good job keep it up for your future successful good luck with great wish I like it very much 😊😊😊

  • @MojoMountainMan
    @MojoMountainMan 2 дня назад

    Do you know what the biggest Ponzi scheme in the world is? SOCIAL SECURITY and that's why anybody else trying this system will go to jail, because the government wants its Monopoly

  • @ROHITPRADIPNAIK
    @ROHITPRADIPNAIK 3 дня назад

    Love from India❤❤

  • @yureonice7917
    @yureonice7917 3 дня назад

    Lets be real, after all these trade wars and the US pretty much ignoring every single international organism... it just doesn't work.

  • @epictetus__
    @epictetus__ 3 дня назад

    How that's not the ideal outcome? Yeah technically Alice not testifying is better, but let's face it in real world situation what if her partner actually rats her and in that case she is 100% sure she will get 8 years imprisonment. So you can't blame Alice

  • @GsxRmitTUV
    @GsxRmitTUV 3 дня назад

    Norinchukin Bank is the first victim of CLO.

  • @PrettySure-jq5jn
    @PrettySure-jq5jn 3 дня назад

    Spoiler alert: *it's propaganda*

  • @comebackcs
    @comebackcs 4 дня назад

    this is so freaking confusing. With I had never watched this explanation

  • @morrismonet3554
    @morrismonet3554 5 дней назад

    Another useless organization that needs to be abolished.

  • @morrismonet3554
    @morrismonet3554 5 дней назад

    It needs to be abolished, along with the World Bank and the U.S. Federal Reserve. Sink or swim on your own merits. Let the market decide.

  • @davidpeters8821
    @davidpeters8821 5 дней назад

    Soooo, they were like"damn this real thing.....we run on thoughts and prayers now"

  • @LightofBankai
    @LightofBankai 6 дней назад

    The US knew they were eventually not going to be able to pay in gold so they kept the gold for themselves and forced everyone to use the USD. Any country who refused were reminded of Hiroshima.

  • @jimmyneutron6127
    @jimmyneutron6127 6 дней назад

    So stay away from the entire Nasdaq.

  • @samuelmurphy6863
    @samuelmurphy6863 6 дней назад

    Everyone at work complaine they are broke woth expensive clothes and their me just setting on money 😊

  • @p.channel.2023
    @p.channel.2023 7 дней назад

    The fact that this is still even a question & a taboo to shame people speaking up about it💀 Sure let's keep procreating to death then cross our fingers to pray that technology advance will come to save the day every time again then. No big deal at all, even to the point of making Earth uninhabitable in the near future, having to make all types of dramatic plans to flee to other planets cause humans have damaged Earth beyond repair, sneakily decimating the population, routinely letting many people die because of lack of resources👍 And forget about all of overpopulation issues, has everyone asked themselves is it even ethical to have biological kids in this world? Let's not conveniently build on a false premise first & constantly overlook the onesided, abusive nature of having biological kids.

  • @pacey-sd4il
    @pacey-sd4il 7 дней назад

    Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

    • @ngocdausch
      @ngocdausch 7 дней назад

      People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

    • @trosien-nz3je
      @trosien-nz3je 7 дней назад

      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.

    • @alexus-fu5ts
      @alexus-fu5ts 7 дней назад

      I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!

    • @trosien-nz3je
      @trosien-nz3je 7 дней назад

      Angela Lynn Schilling is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

    • @alexus-fu5ts
      @alexus-fu5ts 7 дней назад

      I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

  • @user-og8ln9ld5p
    @user-og8ln9ld5p 7 дней назад

    Everything sounds sweet in theory until implemented. This is something of which Engineers are very well aware.

  • @OrangR4nd0m
    @OrangR4nd0m 7 дней назад

    Can you make a video that explain about Monopoly in 1 minute?

  • @TheSonic1685
    @TheSonic1685 8 дней назад

    You forgot to mention that now they can just print as much money as they want raising the prices of goods and services and giving the state the ability to buy whatever it wants.

  • @juicy8523
    @juicy8523 8 дней назад

    I have to send this to people who are saying that going vegan does not change anything about animal suffering 🫠

  • @smokedoutmotions_
    @smokedoutmotions_ 8 дней назад

    China was a bad example. China was more advanced than we are

  • @PubQuizMasters
    @PubQuizMasters 9 дней назад

    great video. We cover these topics in a quiz if you want to test your knowledge!

  • @KozelPraiseGOELRO
    @KozelPraiseGOELRO 9 дней назад

    I came for the lols and notes and some corrections. Let me start. The open market thing is part of liberalism, it is a branch of capitalism, the largest indeed, but not the only one. Marx did not said capitalism is 'unfair to the worker' but he said it is alienating, exploitative and produces a clear distinction of classes between the owner of the means of production and the rest which has to sell its labor in a market. It is not very important, for a quick explanation, but for those who will engage, it is important to undertstand the theory. Marx did not advocate for equality, it is more of a LaSalle thing if I remember correctly, as it is a product of the econonic organization, and not something that can be achieved by itself. In socialism the state would not own the means of production, this is a misunderstanding very common, even in the socialist circles. The ownership of the means of production goes to the workers, it may be thought the State, but only if the State itself was in the hands of the workers first. On semantics and not so important, socialism being a stage before communism is something he did not said, as he refered both as communism and socialism (he used both words to reffer to the same thing), but low stage and high stage. This was later changed by other communists to make a clear difference between the other socialistic tendencies and the Marxist one. Important if you want to read the stuff with no historic context. On communism being 'absolutely is equal' is still wrong. The best and shortest description is 'Stateless, moneyless, classless society'. On the USSR being not communist, he nailed it, not even Stalin considered it communism. On it being socialist, there is debate. The Orthodox Marxist says it was not, the Marxist-Leninist of the 4th international says it was not, the Marxist-Leninist of the 3rd International says it was, the Marxist-Leninist-Maoist says it was. There are more braches, but they are less common to encounter, so I will skip them (sorry anarcho-communists, not so sorry the rest). On the model "not being very efficient" is a lie at worst, a simple confusion at best. Comparing the USSR and the other non aligned countries to the economic core is not a good comparasion, as they had more in common (specially in the economic sphere) with Southamerica than the other side of Europe, and even less with the US, the core of the core. In this sense, where is the Colombian-French Space Race? The isolation of DPRK, Cuba (before 2014), Venezuela, Vietnam are product of a constant economic warfare. The modern chinese socialism, also known as Dengism, has its own critique but we will defend it from the Westerners, as they are closer to us. Democratic socialism has its own story of why it is the way it is today, and it is not pretty (involves some fascism). It is clearly not socialism, just has some 'socialist tendencies'. And for the last time, please, Keynessianism is not even socialist. I talk about the US and UK stuff at the last seconds.

  • @eg4933
    @eg4933 10 дней назад

    And they should also legalize prostitution/drugs take it out of the wreckless/corrupt hands of illegal markets. I still don't get why they don't get on with it...

  • @maxgordon3194
    @maxgordon3194 10 дней назад

    a terrorist organization.

  • @b_01_aditidonode43
    @b_01_aditidonode43 10 дней назад

    amazingly explained!!

  • @neilanderson891
    @neilanderson891 11 дней назад

    John Maynard Keynes died in 1947, and his new-born *Keynesian School of Thought* splintered into various directions. In the 1970s, Keynesian-economists in the USA foolishly thought that the US economy could be stimulated with lower interest rates (to increase investment), and the clearly-expected inflation (due to the increased money-supply) could be neatly avoided by literally taking cash out of consumers' hands via raising marginal tax rates. However, citizens quickly realized that higher marginal tax rates could be avoided if they could choose to work less, and spend more time with family, and then end-up with slightly less after-tax-income. High taxes reduced the rewards of work, which reduced hours worked, which reduced GDP, which aggravated the inflation. Robert Munson called this the wrong "Policy Mix". The 1999 Nobel Prize in economics was awarded to Robert Munson, who championed the simple explanation above, which is *Supply Side Economics* -which simply says that if fiscal policy (taxation) restricts the production of goods (via higher taxes), then inflation can result. That's just classical economics, straight-out of Sir Alfred Marshall's classroom (at the University of Oxford) where Keynes learned economics (though he only enrolled in one class, if not mistaken). Dr. Munson pointed-out that Monetary Policy was better suited to fight inflation, while Fiscal Policy was better suited to stimulate GDP. It's sad that Munson's principle is often left out of educational videos, as well as many classrooms, seemingly a victim of politics. *Democrats have long derided Supply Side Economics as 1.) Tax Cuts For The Rich, and 2.) Trickle-down Economics* ... as well as various other names to make it sound dumb, such as "Voodoo Economics". *Ironically, the 1st US President to advocate Supply Side Economics was John F. Kennedy* - Proof can be found in his last *State of the Union Address* delivered posthumously, which was in-deed adopted by Congress, which did in-deed stimulate the US economy significantly (because marginal tax-rates were still very high in 1963 (i.e., the top tax rate was still 91% in 1963). Today, US Marginal Tax Rates are much lower, so lowering taxes cannot produce such significant results as in 1963 ... but the principle of avoiding high tax rates should not be ignored. Art Laffer is famous for summarizing the principle as follows: A 100% Tax Rate on Income produces $-0- Tax Revenue, as does a -0%- Tax Rate. Somewhere in the middle, perhaps an average tax rate of 20% to 25%, can maximize Tax Revenues. (But I'd add that "maximizing" tax revenues could be a short-sighted goal in the long run)

  • @kidtuber3407
    @kidtuber3407 12 дней назад

    This was long ago when business competitors almost didn't exist. Now if you wanna start a business you have at least 500 similar companies and competitors in the industry so what do you do? The theory does not apply in modern society sorry folks.

  • @andreastw3638
    @andreastw3638 13 дней назад

    "Then I heard what sounded like a voice among the four living creatures, saying, “Two pounds of wheat for a day’s wages, and six pounds of barley for a day’s wages, and do not damage the oil and the wine!” - Inflation 😂

  • @cryptoEarner704
    @cryptoEarner704 13 дней назад

    Interesting, thanks. Sorry, if this is off topic, the question is how to transfer USDT from an OKX wallet to Binance? Nothing except the seed phrase: head isolate sound end kit industry choice festival limit stable dolphin derive. Can you describe how to do this correctly?

  • @randymillhouse791
    @randymillhouse791 14 дней назад

    It's the Tools2succeed animation!

  • @REALMistaKing
    @REALMistaKing 14 дней назад

    If you think unions cause tension. Now wait until AI robots are replacing us.

  • @DayB89
    @DayB89 14 дней назад

    I see money & market working somewhat similar to how water works in a cooling system. It's nice because it communicates all parts and lets the heat transfer from the hot places to the cold ones, but you also need to set some boundaries. Otherwise, you'll end up with water in your gas, or in the electric supply... The market has a mind of its own (in some sense), so we need to apply the corresponding restrictions.

  • @Sherxon-ww8pl
    @Sherxon-ww8pl 14 дней назад

    😅😅😅😅🎉

  • @moviesclips817
    @moviesclips817 14 дней назад

    I friends it's me Prasad 😁

  • @Cclovercollectiive
    @Cclovercollectiive 15 дней назад

    That didn’t explain very much 😭😭

  • @ebuka56
    @ebuka56 15 дней назад

    Malthus was correct, except he expressed himself in terms of food shortages. If you for a moment ignore food shortages and think about it from the perspective of disposable income and living standards then it makes sense. The productivity growth in agriculture during his time, allowed us to kick the ball of the malthusian trap forward. Subsequent productivity growth upon productivity growth in secondary and tertiary sectors pushed this ball forward further. The bad news is that productivity growth cannot continue forever, there will be a time period where it will slow to either match or be below the rate of population growth. At this point, living standards will start falling as humans reproduce to a level that makes the per capita consumption fall to the living standard of the agrarian period. If you're looking for an example of what I've just written observe the next 5 years, I think we have exhausted our productivity growth unfortunately. The days of 5% economic growth rates in the west for example are gone.

  • @noel7777noel
    @noel7777noel 15 дней назад

    The worker's union uses the term rat. Basically, crony capitalism is a cult who believes in veblen goods supply and demand, and/or griffin goods supply and demand math. The workers' union called out the crony capitalism cult behavior by the derogatory nickname "Rat." By 1859 John Camden Hotten's Slang Dictionary would define a rat as “a sneak, an informer, a turncoat, a person who deserts one party or cause in order to join an opposing one. They are not human. Humans dont desert their party. They are rats. Capitalism is a synonym for normal supply and demand. A cult is a system of religious veneration and devotion directed toward a particular figure or object. A veneration for a veblen goods capitalist. If you don't learn from your past mistakes, you are destin to repeat them. Walt Disney called Unions communist. This is a perfect example of the strawman fallacy. The mind isn’t limited to only protecting you from actual or perceived physical threats. That is, in addition to wanting to keep you safe, the mind wants to win-or at least not lose. The brain will create cognitive dissonances to protect itself from losing. Thus, mind activity is initiated any time we come into disagreement with others. And will do anything to protect itself. Even make an alternative reality, though cognitive dissonances, the might be right fallacy and/or the strawman fallacy. A crucial characteristic of the narcissism cognitions with this content was that they represented varying degrees of distortion of reality. Characteristic of the narcissism patients was that they showed a systematic error; viz, a bias for themselves. Because, depression is a bias against themselves. And the brain is protective. This is cult protective behavior. Normal people go by their own merit. Normal people save themselves from going into depression by rewarding merit. That distortions were particularly likely to be present when the situations (cues) are ambiguous. For example; many words have multiple definitions. A faulty information processing. They change the definition of words. Someone will make communist mean a "classless society." To be a cult and want their veblin goods "class." They never actually get into the math. That the other side is really pushing. Also, going as far as to use a scary word in might be right. But the unions are for a classless society. That goes by merit. That is true. Because the failed math formula, crony capitalism doesn't trickle down between the classes. The unions have a drauditory nickname for this cut called "Rats." To turn on your party. Cults have three classes. A cult leader, cult recruiters, and cult members. Rewarding savers is punishing the borrowers. Only some can be shareholders. This is where the cult members get left behind. and if everyone was shareholders, that would be a failed math formula. We call this math formula "crony capitalism." The cult leaders pay the cult recruiters well. The unions have a drogatory phrase for this, "Rats like the cheese." The "cheese" is the great pay the cult recruiter receives. The rats turn on their party for the cheese. Star Trex talked about a future moneyless Earth that used a federation credit system because the replicator was invented, AKA communist. Key in on the "moneyless" part. Basically, the math the unions are selling is capitalism using a not-for-profit banking system. Because all the businesses I shop in require a not-for-profit banking system. A classless society with no predotory lender class. And we all shop with a normal supply and demand math. And not veblen or griffin goods supply and demand math. Because crony capitalism is an oxymoron. "Capitalism" is the math of normal supply and demand using a not-for-profit banking system. "Crony capitalism" is basically using a for-profit banking system. Turning the normal supply and demand math into griffin goods supply and demand math. Or even veblen goods supply and demand. Because "capitalist" is an adjective. Not a noun. "Crony capitalists" are two opposite adjectives. Making it an oxymoron. The narcissist is turning capitalist into a noun. The middle of the big X in normal supply and demand is a classless society, with no veblen goods class - misunderstood as communism. "Supply and demand" is a math formula, AKA capitalism. It's a math formula where the better product and services capitalize. It must be functional from a not-for-profit banking system. And "tax the rich" as a fine if anyone thinks otherwise. It doesn't trickle-down between the classes. So stop with the classes. Trickle-down economics is building a supply line of luxury cars first. For the upper class (the cult leaders). Then, using the profits from the luxury car to build a worker's car second. This is not the very left side of the normal supply and demand math chart. Thus, the "rich" (or cult leaders) do not understand how this math works. This incorrect math is named veblen goods supply and demand or even griffin goods supply and demand. The very left side of the math chart is when products first come to the market, they are super expensive. Then, as the supply side later catches up. Thus meetimg in the middle of the big X. Everyone can afford this product and services. In a classless society. For example, when flat screen TVs first came out, they were stupid expensive. After a while, this sector of the market eventually came to the big center x of the math chart, and everybody was able to afford a flat screen tv. In a classless society. When flat screens first came out, and they were very expensive. This was not trickle-down economics. But normal supply and demand math. Veblen goods supply and demand are exploiting the mental illness of narcissism for profits. And this class society is unacceptable. The margins in the left side of the normal supply and demand math chart are being counted twice. Thus, it doesn't trickle down. The margins are being counted twice by the narcissist who thinks capitalist is a noun. Thus turning the normal supply and demand math into veblen goods supply and demand math.

  • @andrewereynolds5840
    @andrewereynolds5840 16 дней назад

    💎 Ares Capital Corporation (ARCC) 💎

  • @user-sm4sf4ff2i
    @user-sm4sf4ff2i 16 дней назад

    Cheer~~~bring about a general reduction of price levels in (an economy).😊

  • @sihammisso
    @sihammisso 16 дней назад

    LEGENDDDDDDDD

  • @GemayelDaniel
    @GemayelDaniel 16 дней назад

    you vote for people who are supposed to represent you, but instead you vote for the people who will get "lobbied" to represent the interest of the rich.

  • @-bubby9633
    @-bubby9633 17 дней назад

    "1 year in jail each" - Alice will NEVER get the same sentence on account of female privilege

  • @spyroskentroskentros5317
    @spyroskentroskentros5317 17 дней назад

    The problem is that with inflation , money just decreases in value which is why investing might be better

  • @frankchef8048
    @frankchef8048 17 дней назад

    PLEASE WORK ON YOUR DRY MOUTH BEFORE RECORDING ONLY AUDIO FOR PEOPLE TO WATCH THIS IS INVERSE ASMR AND IT IS REALLY REALLY REALLY BAD THANK YOU