Video yükleniyor...

Video Yüklenemedi

Ana Sayfaya Dön

"The principle is so simple that a child can understand." Rep. Thomas Massie breaks down the true cause of inflation. "When you print five trillion dollars and you put it into the economy, you have diluted the value of the money." "We can say, well, eggs went up because...

51,616 görüntüleme • 1 yıl önce •via X (Twitter)

9 Yorum

Atlas Einstein profil fotoğrafı
Atlas Einstein1 yıl önce

Yep, yet he still voted “yes”for all of Biden’s budgets & hasn’t introduced any legislation regarding the budget deficit. We need less showmen & more pragmatic legislators.

Sandfort profil fotoğrafı
Sandfort1 yıl önce

Bidenomics happened..

Randy Collins profil fotoğrafı
Randy Collins1 yıl önce

Repeal the 1931 Federal Reserve Act. Revert the dollar to the gold standard. The FED creates inflation. We are f'd as long as they exist imo.

Trolling The Woke profil fotoğrafı
Trolling The Woke1 yıl önce

thomas massie spitting facts on inflation so simple even a kid gets it. guess the left still thinks printing money is a cheat code for economics in 2025.

Steven Brugger profil fotoğrafı
Steven Brugger1 yıl önce

Also because the government is stealing our stolen tax dollars because the government doesn't actually produce anything worth selling!

💥Eddie Rando Sr., PhD 🔅🔆💫🌟🌞 🇺🇸 🦅 👾🏴‍☠️ profil fotoğrafı
💥Eddie Rando Sr., PhD 🔅🔆💫🌟🌞 🇺🇸 🦅 👾🏴‍☠️1 yıl önce

It's simple and he's exactly right. Wait until you're on a fixed income. You'll learn REAL fast! 😂 💸

‘Jus Sayin profil fotoğrafı
‘Jus Sayin1 yıl önce

Way too simplified. The economy is complex, Government and feds hands on the controls is a major problem that has left Americans for generations dealing with too many dollars chasing too few goods and services. Add to that tens of millions of illegal immigrants as well as billionaires flush with cash to the equation and the middle class‘s purchasing power is diluted to nothing,

UndercoverJim❄️🚫 profil fotoğrafı
UndercoverJim❄️🚫1 yıl önce

Currency devaluation hurts everyone

Merrineaux profil fotoğrafı
Merrineaux1 yıl önce

I still have a place in my heart for Massie. I just do.

Benzer Videolar

An angry caller confronts Dave Ramsey for calling “Infinite Banking” a scam only to walk directly into a brutal financial reality check. ​Caller: “I am calling in response to a video I saw recently that you claimed infinite banking concept was a scam and actually got quite pissed off about it. I do not agree with that, and certain points that you made in that video. And I have set up a policy for my son when he was 1 years old, he's 5 now. Has a 500 thousand dollar face value. We pay 5,373 dollars a year for 13 years, and it's paid up at that point. There's a few points that I wanted to discuss that I just didn't agree with. One of the main things was that... so you claim that the cash value dies with you, and you only get the face value paid out.” ​Dave: “That's true. That is.” ​Caller: “Well, it's not true if you reinvest the dividends back into the policy.” ​Dave: “Dividend reinvestment is not cash value. Dividend reinvestment is because you have a mutual company, and the policyholders are the owners of the company. And so the profits from the company come to the policyholder, and they use that to buy paid up additions. That is not the same as keeping your cash value. That's buying extra insurance with your overpayment.” ​Caller: “But it still works out to be having a cash value much greater than the $69,849 we put into it.” ​Dave: “But the actual cash value, not the paid up additions... the actual cash value dies with you.” ​Caller: “No, because—” ​Dave: “Yes it does. I think... oh, OK.” ​Caller: “But your death benefit is larger than your cash value, so for me, I looked at it—” ​Dave: “Because you bought more insurance! You know what a paid up addition is? A paid up addition is buying additional insurance. I understand that's why you're getting more at death. Not because you got your cash value, but because you used your policy dividends to buy additional insurance. Right? But that's different than getting your cash value. If you took those policy dividends and went and bought a term insurance policy for 100,000, well, you'd get 100,000. But that's not your cash value.” ​Caller: “Well, I have a term policy.” ​Dave: “I know, but you missed my point. You're talking about... you use the policy dividends. You use the money they send to you because you're in a mutual company to buy additional insurance.” ​Caller: “Yes, paid up additions, yeah.” ​Dave: “Yeah, if you'd buy a term policy on the side for $100,000 instead, with that same money, you would get $100,000 more than your face value. But that's not your cash value, that's additional insurance. They're different.” ​Caller: “But right... they are different. In term, you don't have cash value to borrow again.” ​Dave: “I'm aware of that. But your point was that you don't lose the cash value, and my point is 100% of the time, by definition, you lose the cash value.”

Mide

65,566 görüntüleme • 2 ay önce