Wow. You’ve explained it better than my economics teacher ever did
I used this video for a college essay lol
you got the money to buy rolex that mean you can donate that watch to people who need food rather thn expensive rolex🤔 thats the vaLue of money tht u dont mention of all the invest etc you mention in the video
14:42 "I'm going to be rocking the watch more often now" 14:50 Doesn't wear watch
i dont think we will go in recession…. the a.i techonology coming the next decade will have such a huge impact that it will create a diffrent world and way of living. hyperinflation is a big possibility thow…..if we except it and dont riot and it will be a global issue, we have the chanse to change the world and i believe we will! love from belgium
Listen to Peter Schiff if you want to learn about economics not this guy…
It's a very badass looking watch. You deserved it, Graham. You've been doing few great videos.
"You guys are going to see me wear this watch a lot more often now."
2 months later: Sells watch
Quote: Your going to see me wearing this alot more often! (Next shot not wearing it instead has cheap watch on)
G: The best financial advice I can give you is to save, then invest! Oh and pay off your debt! Don't go into debt!G: Deflation incentives saving your money, instead of spending it. So it's bad. It's also bad for debtors & it disincentives people to get into debt.
Funny how this goes exactly against healthy financial advice. I don't buy it. (No pun)
I see you've bought the Federal Reserve (a privately owned company BTW) story that inflation is a good thing. It is not. For one thing, salaries outside the 1% have never kept up, so your standard of living goes down year after year. What is inflation? It is the Federal Reserve printing more money out of nothing (by pressing a button) and confiscating this wealth from everyone on the planet. Basically a tax paid to a private company. Since the early 1900s, the purchasing power of the US dollar has gone down 97%. All this printing of money means you eventually go into hyperinflation, like Venezuela, where your currency is more useful as toilet paper than for buying things. Look up Currency Default on Wikipedia, it has happened hundreds of times. All fiat currencies (backed by nothing but a promise, ie: not gold) goes this way eventually. Every Single Time. Now, this 0.6% inflation is a complete lie. Do you see 0.6% inflation? Of course not. That number is calculated ignoring housing, energy, gas, etc, reportedly because those items can vary due to speculation. Unlike back in the 80s, inflation took into account everything a typical family bought. Somewhere there is a on-going study of buying 500 products (housing/insurance/gas/clothing/etc) from 100 US cities, and over the past 10 years and the number they come up with is 10% per year. Look for yourself. What do you see when you go to the grocery store? Do prices seem to be the same as they were a year ago?
Inflation only temporarily benefits companies in that people will borrow and buy now as opposed to later. But what happens when they can't borrow more money? Meanwhile they are paying interest on that loan, how productive is that? Look at the Federal Government, they have borrowed a huge amount – not from themselves because they gave away the right to print money to a private company instead of doing it themselves. And they are printing/borrowing around $1 Trillion dollars per month.
The US has the best government that money can buy.
Love that watch
10:50 says he "doesn't want to invest in precious metals because he likes to invest 20-30 years in the long run", then shows a graph of Gold vs S&P500 from 2010-2019…. haha. Gold has outperformed stocks in the last 30 years!
Why are you always yelling??? Ugh….
Inflation is the hidden tax called theft
I had a dream where the peso increased over the dollar SOOOO MUCH that I became a millionaire over night after buying some peso. So….if this come true y'all owe me money
Your A Busted Flush in The USA.
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Leave California and New York and other places where rent is too high and property is overpriced. Don't carry the greater fool
I have savings not because I want it, but because I am waiting for property market crash, this bubble was going way to long
Awww nice watch! Im influencing my hubby to watch ur videos lols he really doesn’t know how to invest his money
I’d love to see a video on your opinion on investing in Cryptocurrency
Graham, your family life must be like…Have you ever heard a beehive?
BLESSINGS 🙏 ….. ACTIVE FROM COLOMBIA 👀👂🎥👍❤💞..
You should be careful or mr powell may have your page shut down due to the accuracy of your content. They don’t like the truth ya know! 🙃
Wait does that mean including outside the US or just the US
Love how you can see his appreciation
Does that actually happen when deflation happens? Does the average consumer really go "I should hold on to my money because it is increasing in value"?
add more money ie print moreas population grows ,is it growing ? cant tell anywhere around me .then where and who
I have no money, So I have nothing to worry about, CHEERS! 😆
Thank you for good information. Plus I am so impressed with your reaction
Hi Graham, have your read the price of tomorrow by Jeff Booth, in his book he argues that deflation is inevitable due tl the deflationary power of technology and how deflation may not be as terrible as expected.
Very Fireside Chat
Hi graham 👋🏼👋🏼
Just saw today’s video and noticed the watch!!! Had to scour the Internet to find this
isn't there a level of spending that is "there" just by the fact that people need to eat and live?
A hunk of gold thrown under your bed 20 years ago would have performed better than Berkshire Hathaway.
Did no one else understand the intro 😂
Well I mean most of us experience this “something” at some point in our lives..
Thank you Graham.
That ending was totally unexpected. He GAVE YOU WHAT??? That's a very expensive thing. Enjoy it!
Graham: "We need to have the talk. We need to talk about where inflation is coming from." 😂😂😂
I agree! That the stock market seems overvalued. Timing the market is extremely difficult if even possible. The trick is to diversify your investments, don’t panic when everyone else is and invest consistently.