Because they blackmailed, bribed, harassed, intimidated, or assassinated everyone who opposed their central bank being installed. The Federal Reserve is the 7th central bank this country has had, the others being dissolved for jew behavior in the past by the likes of Andrew Jackson. They won't stop until they are unable to physically continue.
On purpose. Play the bumbling fool as if you don't completely understand the ins and outs of your job because that's clearly beneath your (((pay grade))).
He clearly doesn't understand. Fiat currency can work ok in some cases, but it's ripe for abuse, and is heavily abused in the US to enrich the entities that control the banking system and government.
If you can avoid the abuse, the only thing that can make it viable long term is to advertise the inflation rate you're targeting, and rigidly adjust interest rates to meet that target. Trust in your discipline to do that is the only thing that gives value to the currency. That value is the utility of the currency and being able to use it in a predictable way that you can build your financial activities around.
Some guy who's supposed to be an expert stumbling over his words is a bad sign, but the problem is more evident in how the system is structured for abuse and how it is abused, and not necessarily because it's a fiat currency with a central bank.
I agree- I think that stumbling at the start of his answer was him almost spitting out the truth, and hastily trying to think up the practiced answer he's meant to give if ever pressed on this.
You'd think the people they put into these positions would be more competent, that they'd be able to talk circles around anyone. Anyone that was paying attention to this clip could tell that this guy was being deceptive.
Even the smile... they call that "duper's delight". He's grinning, because internally, he's like "I can't believe these idiots buy this!" This is common when people lie, you see it in children when they first learn how to lie. "Did you take the last cookie out of the package?" The kid will grin, chocolate chip stains on their teeth. "Noooo...", they'll say, while they think you don't know. It's a weird body language thing that it seems many people never fully grow out of.
That's a great find. It asks the most basic question. Why does the government borrow money from jews that they magicked up out of thin air to loan to politicians to spend on their donors? The next two questions are, how is that not fraud, and are the people under any obligation to pay back something with zero value?
[ + ] Dingo
[ - ] Dingo 0 points 1.1 yearsMay 4, 2024 09:57:31 ago (+0/-0)
--Jared (J-Tard) Bernstein
[ + ] allAheadFull
[ - ] allAheadFull 3 points 1.1 yearsMay 3, 2024 19:10:33 ago (+3/-0)
[ + ] RevengeOfNeri
[ - ] RevengeOfNeri 1 point 1.1 yearsMay 3, 2024 19:00:06 ago (+1/-0)
[ + ] Peleg
[ - ] Peleg 2 points 1.1 yearsMay 3, 2024 17:42:05 ago (+2/-0)
[ + ] Clubberlang
[ - ] Clubberlang 0 points 1.1 yearsMay 3, 2024 21:10:02 ago (+0/-0)
[ + ] KangzNSheeit
[ - ] KangzNSheeit 1 point 1.1 yearsMay 3, 2024 17:08:28 ago (+1/-0)
If you can avoid the abuse, the only thing that can make it viable long term is to advertise the inflation rate you're targeting, and rigidly adjust interest rates to meet that target. Trust in your discipline to do that is the only thing that gives value to the currency. That value is the utility of the currency and being able to use it in a predictable way that you can build your financial activities around.
Some guy who's supposed to be an expert stumbling over his words is a bad sign, but the problem is more evident in how the system is structured for abuse and how it is abused, and not necessarily because it's a fiat currency with a central bank.
[ + ] Boyakasha
[ - ] Boyakasha 7 points 1.1 yearsMay 3, 2024 17:06:27 ago (+7/-0)
[ + ] BloodyComet
[ - ] BloodyComet 1 point 1.1 yearsMay 3, 2024 18:38:53 ago (+1/-0)
You'd think the people they put into these positions would be more competent, that they'd be able to talk circles around anyone. Anyone that was paying attention to this clip could tell that this guy was being deceptive.
Even the smile... they call that "duper's delight". He's grinning, because internally, he's like "I can't believe these idiots buy this!" This is common when people lie, you see it in children when they first learn how to lie. "Did you take the last cookie out of the package?" The kid will grin, chocolate chip stains on their teeth. "Noooo...", they'll say, while they think you don't know. It's a weird body language thing that it seems many people never fully grow out of.
[ + ] Deplorablepoetry
[ - ] Deplorablepoetry 3 points 1.1 yearsMay 3, 2024 16:47:20 ago (+3/-0)
Any fool that still holds on to ideals of a functioning government is destined for a rude awakening…..
2025 will shock the fuck out of even the least complacent.
Most complacent will simply roast.
Welcome to the Ho-down final show-down
Grab a partner ‘cause it’s time to party!!
[ + ] fritz_maurentod
[ - ] fritz_maurentod 9 points 1.1 yearsMay 3, 2024 15:25:08 ago (+9/-0)
[ + ] dass
[ - ] dass 2 points 1.1 yearsMay 3, 2024 17:11:29 ago (+2/-0)
[ + ] Zyklonbeekeeper
[ - ] Zyklonbeekeeper 1 point 1.1 yearsMay 3, 2024 13:49:17 ago (+1/-0)
[ + ] BulletStopper
[ - ] BulletStopper 4 points 1.1 yearsMay 3, 2024 16:59:49 ago (+4/-0)
[ + ] Clubberlang
[ - ] Clubberlang 1 point 1.1 yearsMay 3, 2024 21:12:16 ago (+1/-0)
[ + ] Fascinus
[ - ] Fascinus 9 points 1.1 yearsMay 3, 2024 13:14:22 ago (+9/-0)
https://files.catbox.moe/xcwttt.mp4
https://pomf2.lain.la/f/8rgabnsa.mp4
https://cdn.videy.co/icDpAcYU.mp4
https://qu.ax/dpNF.mp4
@Geiger_Capital
This is absolutely insane…
This is Jared Bernstein. Chair of the Council of Economic Advisers.
He advises Biden on economic policy.
[ + ] JosephGoebbels
[ - ] JosephGoebbels 5 points 1.1 yearsMay 3, 2024 14:41:22 ago (+5/-0)
[ + ] RevengeOfNeri
[ - ] RevengeOfNeri 3 points 1.1 yearsMay 3, 2024 18:58:20 ago (+3/-0)
[ + ] Reawakened
[ - ] Reawakened 8 points 1.1 yearsMay 3, 2024 13:00:35 ago (+8/-0)
[ + ] dass
[ - ] dass 2 points 1.1 yearsMay 3, 2024 17:10:10 ago (+2/-0)