Why Is Everything SO Expensive?! Here Are The Facts!
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- čas přidán 28. 06. 2024
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► Canada Housing Market Bubble: globalnews.ca/news/9932361/mo...
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- TIMESTAMPS -
0:00 Intro
0:48 Why Is Everything So Expensive?
5:43 Supply Side
9:56 Demand Side
14:42 Why It Will Get Worse
18:33 What You Can do
22:19 Outro
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📜 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.
#Crypto #Finance #Bitcoin #Money
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Inflation exist to maintain modern slavery. All and more about the truth of the system in book "𝐏𝐞𝐨𝐩𝐥𝐞 𝐀𝐫𝐞 𝐒𝐡𝐞𝐞𝐩" 🐑🐑🐑
Sold out to the oil companies I see. That's disappointing
They aint building shit with the printed money apart from future problems for my kids and now problems for me. Sick of it
As many have stated in the comments, the 30% increase is actually a 130% increase since the 2020. Prices literally doubled for many groceries and services for the past 4 years and wages cannot follow that! This is getting scary at this point.
We are so fuc*ed
I remember a time when having a roof over your head was a given, now it is starting to become a luxury, this is a tragedy.
You can't say you live an a civilised and or rich country when there is a rising tide of misery and so many working poor
with CEO's and boards of directors making Lottery Level Salaries
specially when in most of rich countries there is plenty of land(even public land). (example: Spain)
30%? I can only say for the UK but it’s more like 70-100%
In canada, food has gone 3x and home pruces 2x from 2019 ..
@@TheWhiteAfghan In the UK, I sold two of my houses (both bought in early 2019) for more than double in June 2022.
@ph8077 why? The house is physical asset, while fiat is just inflated away to cover the governments stealing
He’s trying not to give ppl heart attacks…
I live in the UK 9 months and in poland 3 months ,I see diferences nowhere is good now but in Poland is so so at the moment better than in the uk ,kinda perspectives
Unfortunately, the entities that brought about all of this are still in positions of power and are becoming ever more unassailable and just as resolute in their mission.
No they are not. Not if bad shit happens. They will get theirs, in this life or the next
Luckily the banks owns those mortgages and luckily the banks don’t have your money and if they do have your money….a bail IN is coming…
@@Jeff__M
And that's lucky?
@@homeydontplaydat8387
That's about the dumbest comment I've seen this decade.
Unfortunately yes lol
In Nigeria, the cost of living is over 70% meanwhile minimum wage remains the same. Shameful!!
Bones in nose prices are extortionate now in Lagos.
Raising minimum wage would raise the cost of living further.
Refreshing to finally hear someone say it right "caused by the pandemic restrictions" i.e. government actions!
Re:Canada housing debt, did you know federal government is in the works of creating a "hedge-fund" owned by a subsidiary of the CMHC (Mortgage and housing corp) to facilitate selling MBS bundles and take them off bank balance sheets? 2008 is so back baby
Housing in idaho has gone up by 300% in the last 5 years.
Is that the California $ coming in? It drove housing prices in Colorado crazy.
I can feel based on the grocery that prices/inflation is rising again
Scarcity is the method they use. Money is the trick that keeps is in their spell.
💰 money is the trick they use on us plebians. It's worth absolutely nothing, backed in species by nothing, and we are charged interest and taxed for nothing and the ones that control it laugh, for they own everything, yet nothing. It only has power because we have been taught to give so. The joke is on us!!!!
Weird thought of breeding rabbits for food and collecting rain water for drink came to mind. Survival mode.
As someone who lives in Toronto Canada this is 100% true. We are so in debt, housing taking the largest chunk of the pay cheque, if you are fortunate or unfortunate enough to afford to buy a house here. Rent prices are through the roof as well close to paying a mortgage of its own. Because of basically unlimited borrowing, spending and money printing of our government cost of living is becoming unsustainable.
As a result and consequences of government's irresponsible decisions we are suffering from being tax to death on literally everything.
Yet Toronto keeps supporting these policies.
I'm from Australia, but I feel like we are following Canada and the US....
Same in Europe.
Australia and Canada are near identical
We are not following, we are leading
@@lmtt4786 is that good or bad? Lol
90% dollar trade has fallen to 58% in 2022, the situation is much worse than you depict.
As a Canadian, we are imploding! 🙏❤️🇨🇦
At least you're not at the vanguard of woke led by an evil neo-Marxist zealot!
....wait
As a fellow Canadian, I concur.
Hello sar, fellow canadian her as well.! 🇨🇦🇮🇳
@@dangelini1137😂😂😂
Civil unrest on the streets is coming
Problem with real estate is that it still depends on renters ability to pay rent on Toronto Canada 20 percent of renter's faced difficulty paying rent inflation will crush them making mortgage holders default at some point
Guy your explanations and fundamental understanding on macroeconomics and finance is inspiring. Keep up the great education
Thanks, Guy and the CB team, for an insightful video on explaining inflation in plain English.
Don't consume. And get rid of your own personal debt. People constantly want material things. We need to get back to nature.
for me, one of your best videos yet, seeing the how and why of our our fiat money system was excellently laid out
Hey guy, I just wanted to say you're looking healthier. Keep up the great work!
Governments in many cases do not respond to public sentiment. Result unfortunate policies with bad results.
Really informative video
Thank you 🫡
You’ve hit the nail on the head - let the economy collapse and build from the bubble.
Only it obviously won’t be voluntary. It’ll be forced like all our other crises, only this one is heading for total collapse making GFC a blip.
It’s written in the stars….!
The maniacs will take us to war first..😐
I made Bruce Lee type noises while pressing the like button because I'm a full grown adult.
Hiiiiii!Yaaaa!!!
I just took my fist out of dry wall ,now im licking the blood from my knuckles
Fuc yeah 💯
I literally round-house kicked my computer screen, now it's broken and the video doesn't even have a like :(
You can't let time win, youth is a mindset.
Fusion energy is such a disruptive technology it’s being held back. There’s other types of nuclear power that could also be revolutionary like thorium reactors. A fusion resource based economy will look like an entirely different world.
It doesn't matter, there's lots of energy everywhere, they just don't want cheap energy!
Who controls this, and how much does it cost? Seems like it's never going to happen with the competency crisis
Thorium is the way to go. Safe
Geothermal from hot rocks is free
A sci-fi novel/documentary for the ages: “The evil leading the corrupt leading the greedy leading the ignorant leading the desperate leading the blind leading the galactically stupid: The Coming 2030 Fall of Humanity”
I got my house 12 years ago.
Was told by people "nah I could buy in that area" or "I couldn't live in a semi detached house".
I bought humble.
Now my house has doubled in price and the same people who turned their nose up at my purchase, can't even afford my purchase.
It's bitter sweet... I have two Sons, and don't want to see this. And have mates I wish did buy while they could.
But the not so nice ppl who acted like they were too good to buy a house like mine, well I'm kinda happy for them now
Very well researched. Thank you.
I graduated college in 2014...
The major I chose was "absorbed" into other majors because companies wiped entire departments to "save up".
Its taken me 13 years of work. Well into my late 30s to be able to save for a down-payment.
Debt is getting worse and worse over time. Wish everyone the best and hopefully most folks can climb out of it!
Biden added over $5 trillion to US National 🎉debt with more restrictions of production in energy. Joe Biden’s Bidenomics is defined as: psychological manipulation of a person usually over an extended period of time that causes the victim to question the validity of their own thoughts, perception of reality, or memories and typically leads to confusion, loss of confidence and self-esteem, uncertainty of one's emotional or mental stability, and a dependency on the perpetrator
One of your best! Really well done.
Great work, thank you!
Hi very informative
Thank you Guy❤😊
Great video. Thank you!
Nice as always Guy,
Thanks for the insight
thx kindly for this one 🙏
What's that quote about central banking money printing robbing you out of your own country?
Very informative. Thanks 🙂
Great analysis, thanks
World class advertising my friend, classy
Have a good day man ❤
This is possibly the greatest video that Coin Bureau has ever created.
good knowledge. thank you
Crystal clear information, thanks
Truth beautifully and simply presented. Thank you.
No matter how illogical government actions appear to be, they're unlikely to be an accident.
Amazing work as usual!
Very good lesson on the fundamentals.
Guy with his iminent apocalypse stress beard….😛
Didn't expect this video to be this informative and interesting. Many thanks
Top content!
Very comprehensive and interesting. That must have taken of lot of work!
Thorium reactors like fusion reactors remain a wasted resource that could cause significant changes to the economy as a result of affordable energy.
@19:26 It’s funny you this list up Guy as I’m currently working on duel citizenship in the Cayman Islands. Spot on my friend 💯
Thanks!
Such a good video!
As usual, this presentation on the causes of inflation is explained in a straightforward, easy-to-understand layman's terms. This is something we all have to come to expect from Coin Bureau. Thanks.
Thanks Joe.
Very important and relatable video to date
Watched, shared 🍻
Congratulations Guy, This is one of the best videos you have ever made. Pretty much perfect. ❤
They're shutting down all the restaurants.
I’m Canadian. You couldn’t be more right. It’s all going to shit
Excellent video
This channel is a gem. Keep up the good work Sir.
A thousand thumbs up/likes. So informative and quite scary
I am just reading "The Bitcoin Standard" now, so most information in this video are no surpirse for me. But thank you anyway for the video!
Whoever gets viable fusion reactors first, wins.
Whoever invents that will go the same way as J Epstein.
Great & informative video like usual and just wanting to Comment for the Algorithm.
Increase profits by limiting production. They wouldn't do that.
Love you 🤟
1:00 theres a third one you forgot corpoate greed. When they coordinate that greed prices go up, but only in highly centralized industries. Think internet, phones, energy, etc.
I didn't expect that video will so interesting.
Nice job
Lots of micro nuclear energy providers is the way forward
Come Turkey and see the meaning of expensive
A very good macro analysis. I find myself these days asking who would profit from collapse or civil war for example. There are people who would open hell if they thought they could make a buck.
Bravo!
I'm not convinced if supply is the issue, here in Norway we have enorumous oil findings, I guess we cant sell more because of Opec restrictions.
No, because of the CO2 madness and the "climate change by men" - hoax .
Thx
The Dutch government is planning to build 4 nuclear plants. Smart move cause solar and wind only won't do the trick.
Actually the problem is much bigger than you know. Nuclear is great for base load but when load changes they are not very reactive.
like mr David said, nuke plants need to be balanced with other more responsive sources. Hydro can do the trick. If the country is unlucky and has no big rivers, you are left with gas / coal.
Windenergy is the better option, not the big windfarms tho, but a windpack on every house, building and not connected to a net where you overpay a big entity. Local energy, local produce and all that in a crypto enviroment, no banks no government, no politicians. We have to go back to simple economics and living.
Did yall use a different microphone to record this ep ? Sounds clean
You pointed out some huge problems in Canada. Combine that with the fact that we have ZERO GOLD RESERVES!
Since 2018, when we got PV installed, we are independent from out utility's electricity pricing. Unfortunately, due to the described influences, we are still impacted.
The real problem is that prices will continue to rise. If I have a business and my tax, insurance,utilities, and suppliers raise their price, I have to raise mine too, and you end up paying more ! The madness has to stop somewhere !
Latvia :( government doesn't give a fk about how hard it is to buy a flat(not even mentioning a house) without being rich/tourist or draining all of your money that you were saving up for dozens of years. That is why going abroad to earn money is the standard here. Would that person want to return after 5-10 years abroad anyway? Highly doubtful.
I am anticipating that bubble to burst and see it burn.
Re: energy scarcity; here in Alberta, Canada, our provincial government strictly limits how many solar panels you can install on your own house, paying for them yourself. If they didn't do that, we Albertans would have many, many more solar panels providing renewable, clean energy.
For corporate record profits, obviously...
I assume that's sarcasm.
Exactly.
No that isn't sarcasm. Corporate profits are at record levels right now! Supply and demand is one thing but don't sleep on corporate greed.
@@KristopherHesson Since 2014 profits on the S&P 500 are up 40% while the M2 money supply is up 87% (FRED) so in real terms, profits are down more than 50%. Inflation is always and everywhere a monetary problem.
@@OsmosisTheGreatnow do private consumer.
Bhutan... also buying bitcoin as a country, sustainable energy.. bring your own tea.
The reason is because the dollar is losing its standing as the world's reserve currency to buy oil.
Brilliant.
You forgot to say invest in sound money. Silver and gold
6:59 this video of earth from space is mirrored, right?
This is so sad, I work in healthcare and love my work with helping the sic. I'm already far down on the wage scale compared to other industris and fear i might have to change work in next 5+ years or live on the edge of poverty. =(
Supply/demand??? Are you fucking joking? 😂😂😂
Ah yes when the average home waa 420 thousand in Australia was 20 years ago. Now its 1.5 million