Gutfeld: Biden’s chief economic adviser crashed while trying to explain cash

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  • čas přidán 6. 05. 2024
  • Greg Gutfeld and the panel discuss how Jared Berstein, the chair of the United States Council of Economic Advisers, struggled to explain monetary policy on ‘Gutfeld!’
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Komentáře • 1K

  • @chadanddyson6200
    @chadanddyson6200 Před měsícem +413

    That whole administration is a clown circus

  • @IHOPROB
    @IHOPROB Před měsícem +224

    These are the ADULTS in charge?

  • @marthakratz7877
    @marthakratz7877 Před měsícem +197

    VP Harris wrote out his answer for him.

  • @TheNucleerbomb
    @TheNucleerbomb Před měsícem +320

    Biden's tower of incompetence

    • @NotiMentiras-id9if
      @NotiMentiras-id9if Před měsícem

      Si Trump's gana las elecciones usara la guardia nacional para colgar gallina

    • @nandy1256
      @nandy1256 Před měsícem

      Don't worry guys. As Trump said, those Nikki Haley voters are gonna go with him.

    • @Rebecky31
      @Rebecky31 Před měsícem +2

      @@NotiMentiras-id9if
      I love chicken….chicken and rice, chicken burritos, fried chicken, chicken tenders, chicken sandwiches, chicken parmigiana…..

    • @NotiMentiras-id9if
      @NotiMentiras-id9if Před měsícem

      Rebrki la puedo invitar a comer patas de pollo no me alcanza para más urge un estímulo económico para todos

    • @NTHGTHYCANDOABTTHLSRJB
      @NTHGTHYCANDOABTTHLSRJB Před měsícem +5

      Guess who's going to be president 😂😂about time we haven't had one in almost 4 years 😂TRUMP 2024🇺🇸✌🏽

  • @MichaelClerk-xd6ft
    @MichaelClerk-xd6ft Před měsícem +188

    Social welfare degree?!!? What a joke this administration is

    • @mikewurlitzer5217
      @mikewurlitzer5217 Před měsícem +4

      An "Underwater Basket Weaving" degree would seem more useful.

    • @mescko
      @mescko Před měsícem

      It's not a joke. This administration is dangerously, and I'm afraid, fatally incompetent. And it's all on purpose.

  • @JessicaKeith-uj1jq
    @JessicaKeith-uj1jq Před měsícem +443

    The distress for banks was a farce; what we have experienced in the past 2 years is a result of a system that has worked incredibly well. The Fed just had to tighten credit to cool the economy.

    • @MelissaHobbs-qm8wi
      @MelissaHobbs-qm8wi Před měsícem +6

      What about the Fed lending program for banks that was said to ease financial tensions after the domino effect from Signature and Silicon Valley bank?

    • @JessicaKeith-uj1jq
      @JessicaKeith-uj1jq Před měsícem +5

      @@MelissaHobbs-qm8wi Yeah, that sufficed, but what really helped the economy was rising immigration that helped even out the mismatch between open jobs and people looking for work.

    • @AshleyKeith-vw7ws
      @AshleyKeith-vw7ws Před měsícem +5

      I agree. Rising productivity is manna for central banks, allowing faster growth without inflation because each hour of work yields more goods and services at the same cost.

    • @ScottLarrry
      @ScottLarrry Před měsícem +4

      I’m indifferent. All I really do care about is what assets and securities will drive the Santa Rally? It is upon us, folks. I have a $100k portfolio, and I have a friend who has grown theirs to over 30% with the recent rallies. He is up 4% this month alone!

    • @JessicaKeith-uj1jq
      @JessicaKeith-uj1jq Před měsícem +4

      I might sell to the tune, but not without the approval of my broker as usual since 2022. With eyes and ears on Wall Street, I have raked in 140% on a managed portfolio currently worth $315k run under a hedge fund by Desiree Ruth Hoffman.

  • @boycottdisney2024
    @boycottdisney2024 Před měsícem +209

    We need to question how the government is spending our money.

    • @bradobbink6564
      @bradobbink6564 Před měsícem +1

      NEES ADUIT A THU Z

    • @timothylopez8572
      @timothylopez8572 Před měsícem

      ​@@bradobbink6564You have every right to read the budget, and read all the receipts, because they're the government, they record everything, IN TRIPLICATE

    • @MagaCult-ps9xr
      @MagaCult-ps9xr Před měsícem +1

      JUST ANNOUNCED
      Joe Biden is going to attend Barron's Graduation. HAPPY GRADUATION BARON
      here's your role model Joe. God Bless President Joe Biden †🇺🇸

    • @Nefertum1000
      @Nefertum1000 Před měsícem +1

      Is this real?

    • @josephkachocki2522
      @josephkachocki2522 Před měsícem +1

      Congress has tried

  • @lawrencetalbot8346
    @lawrencetalbot8346 Před měsícem +114

    Reason 1001 not to “trust the experts”

  • @lourdesmonger5140
    @lourdesmonger5140 Před měsícem +139

    Sad and he is in charged. I am so sad about the state of our government

  • @stevenward3856
    @stevenward3856 Před měsícem +87

    There must be something about this guy to warrant a DEI hire!

    • @brega6286
      @brega6286 Před měsícem +10

      Learning disability perhaps ?

    • @tlow1324
      @tlow1324 Před měsícem +3

      @@brega6286 🤣🤣🤣🤣🤣🤣🤣

    • @Michelle-iw6diFJB
      @Michelle-iw6diFJB Před měsícem

      This is Biden's cousin who has evidence of money laundering proof against him. His last known job was high school principal. Completely ignorant individuals though the whole administration. Janet Yellen needs to be investigated

    • @TheMomseloc
      @TheMomseloc Před měsícem +1

      Identifies as a "Money Gal".

    • @siennehearts
      @siennehearts Před měsícem

      He's jewish.

  • @tonypitsacota2513
    @tonypitsacota2513 Před měsícem +95

    Last year someone asked Janet Yellen about exchange rates over GDP which evolved into a rant about Germany's immigrant policy. Biden's not the only one having cognitive and performance oversights.

    • @gaynormca8992
      @gaynormca8992 Před měsícem +6

      I saw some of that reporting and have listened to her on other occasions. Yellen probably can’t retire until forced out as her successor would uncover all of her incompetence.

    • @Kai0nTheMoon
      @Kai0nTheMoon Před měsícem +2

      I cannot even listen to that woman anymore. Aside from her often incoherent ramblings and never-ending contradictions, that voice alone drills right through my brain.

  • @stevegonsolin1990
    @stevegonsolin1990 Před měsícem +61

    This guy should be called the toilet guy. Everything that came out of his mouth was crap!

  • @suesabalburo6235
    @suesabalburo6235 Před měsícem +44

    Completely incompetent that’s what they are!

  • @davidtaranto9084
    @davidtaranto9084 Před měsícem +41

    I saw this a few days ago and thought it was fake. So glad the adults are in charge again. He sounds like a 5 year old.

  • @mr.know_it_all
    @mr.know_it_all Před měsícem +40

    Why do I need to pay taxes if they can print money.

    • @neilreynolds3858
      @neilreynolds3858 Před měsícem

      Soon they will and when they do they'll no longer need the bourgeoisie to finance the government and you'll become one of the peasants.

    • @bite-sizedshorts9635
      @bite-sizedshorts9635 Před měsícem +1

      It's all about control. If the money was important, they wouldn't be running a deficit every year.

  • @karenmiller7942
    @karenmiller7942 Před měsícem +40

    Are you sure we aren't listening to press secretary KJP.

  • @eddydaniels9842
    @eddydaniels9842 Před měsícem +49

    Well, that explains why we have inflation all the time.

    • @bite-sizedshorts9635
      @bite-sizedshorts9635 Před měsícem +1

      Money printing. Inflating the amount of currency in circulation is inflation. That's where the term "inflation" came from.

  • @SejunPabs8522
    @SejunPabs8522 Před měsícem +35

    So freaking ridiculous 🙄 this admin doesn't make sense and doesn't know what's going on...NO WONDER OUR ECONOMY IS F#$%@!

    • @rexhaney9806
      @rexhaney9806 Před měsícem

      It does started joe biden and idiots idiot idiot idiot idiot all the way down the line

  • @mrartdeden
    @mrartdeden Před měsícem +21

    This is a TERRIBLE look for an Economic Expert!

    • @thomascordery7951
      @thomascordery7951 Před měsícem

      Happily for Bernstein he's not an economic expert. He's a musician with some qualifications in social welfare who ought to have known better than to sit for an interview without knowing all the questions in advance and having someone coach him through the answers.
      If Bernstein wasn't such an arrogant, entitled twit, then after receiving that cushy job he'd have taken some time to actually learn something on the topic.

  • @activerealtyinc5193
    @activerealtyinc5193 Před měsícem +28

    Oh my Lordi, this is just,pitiful, 🤬🤬🤬

  • @MrMrREmm
    @MrMrREmm Před měsícem +29

    Oh my Gawdy Lawed!!! This is the one acting as an adviser? No wonder we are in the shiiits!

  • @gaildunn2849
    @gaildunn2849 Před měsícem +44

    Another reason to vote Trump!!

  • @ebomoreno8119
    @ebomoreno8119 Před měsícem +34

    Ask the Mob how to wash that money..

  • @gregorymckinney666
    @gregorymckinney666 Před měsícem +113

    Biden economic adviser knows about money as much as Michael Moore knows about dieting.

    • @andrelotscher280
      @andrelotscher280 Před měsícem +1

      Moore is on a whole other intellectual Level than you, Trailer Boy. LOL 😅 He'd outdebate you in a Mili Second 🤣☝️😅

    • @JamesMartin-bz3lq
      @JamesMartin-bz3lq Před měsícem +2

      Bot

    • @LDW-77
      @LDW-77 Před měsícem +7

      ​@@andrelotscher280Balnis lives in a single wide trailer

    • @Rathkryn
      @Rathkryn Před měsícem +7

      @@andrelotscher280 Of course Moore is on a whole other intellectual level than us. Moore reached rock bottom and dug to a level never known before. Leftist trolls compare to themselves and they think they're clever. 😂🤣😂

    • @Rathkryn
      @Rathkryn Před měsícem +3

      @@JamesMartin-bz3lq Your programmers need to provide you with more words.

  • @seekingjoynow1722
    @seekingjoynow1722 Před měsícem +14

    Saw this clip earlier today. Just can't believe the INCOMPETENCE. He probably gets a huge salary.

  • @celiaflinn7737
    @celiaflinn7737 Před měsícem +28

    Tyrus is a scream!

  • @lopez8122
    @lopez8122 Před měsícem +38

    The government prints money then hands it to banks who lend 10,000% of what they have in deposits to their customers. closer?

  • @deanhil3978
    @deanhil3978 Před měsícem +77

    Kamala dressed as a older white guy ..

  • @mikeklinger1712
    @mikeklinger1712 Před měsícem +36

    Well that explains Bidenomics 🤦

  • @alejandroalividaurri2310
    @alejandroalividaurri2310 Před měsícem +24

    D E I at its finest!!!!

  • @mikeottersole
    @mikeottersole Před měsícem +7

    This guy should resign out of embarrassment. How can almost 40% of voters support this administration?

  • @DaleWilliams-zc5te
    @DaleWilliams-zc5te Před měsícem +8

    Taxpayers definitely need the WH and DC out of our financial lives.

  • @sammyvh11
    @sammyvh11 Před měsícem +12

    I'm shocked at this man's response. Is he on drugs? Is George Castanza in charge?

  • @scottalancummingsmba-realt55
    @scottalancummingsmba-realt55 Před měsícem +19

    God help us.

  • @anniehalland6790
    @anniehalland6790 Před měsícem +44

    Oh this is great! A male Kamala Harris without the laugh 😂

    • @mescko
      @mescko Před měsícem +1

      Or the bongos. They shoulda broke 'em out for him.

  • @Susan-wz7mb
    @Susan-wz7mb Před měsícem +11

    Berstein usually spins employment and inflation numbers. But, he was asked direct questions and he couldn’t spin it. The simple question required a simple answer. This very scary for our future.

  • @waynemarcotte1654
    @waynemarcotte1654 Před měsícem +10

    Not one person has mentioned the Federal Reserve System. Another reason economics should still be taught in high schools.

    • @bite-sizedshorts9635
      @bite-sizedshorts9635 Před měsícem

      The "not federal" and "no reserves" group of bankers that the federal government passed one of its few real constitutional duties to.

  • @Angry_Squirrel555
    @Angry_Squirrel555 Před měsícem +11

    We need Charles Payne as the Chief Economic Strategist.

  • @trailguy
    @trailguy Před měsícem +13

    It sounds like the vice president briefed him on how to answer this question.

  • @lodash5963
    @lodash5963 Před měsícem +6

    It's scary that that guy is chief economic advisor 😮

  • @raymondpalacios3032
    @raymondpalacios3032 Před měsícem +8

    I saw this. I thought it was a prank, so I didn't watch it. This is real!? Holy crap!

  • @OldsmobileCutlassSupremeConver

    We pay this guy, we are in trouble.
    No one is driving the bus!

  • @frankcuoco1501
    @frankcuoco1501 Před měsícem +22

    This sums up Biden's whole administration😅😅😅

  • @OMGmyFACE
    @OMGmyFACE Před měsícem +7

    This is why you don't major in econ. You only get a hotel or bank job with the BA/BS. You need 6-8 years before you get a real job in the field and then you work as an assistant for people like this who genuinely know nothing. This was depressing, man.

    • @bite-sizedshorts9635
      @bite-sizedshorts9635 Před měsícem +2

      I quit college economics once the book got past the true stuff like supply and demand and got into BS that doesn't work in the real world. Colleges are still using the same textbook by Samuelson.

  • @RPSchonherr
    @RPSchonherr Před měsícem +12

    I'm not an economist yet I know if you have more money in circulation, you devalue the money. We print money to replace money that gets destroyed.

    • @wmason1961
      @wmason1961 Před měsícem

      We don't even have to print the money. Just add a zero or two in a computer somewhere. Viola, new money is created. It does not even have to actually exist.

    • @bite-sizedshorts9635
      @bite-sizedshorts9635 Před měsícem +2

      Inflating the money supply is where the term "inflation" came from.

  • @slohand624
    @slohand624 Před měsícem +2

    That is SHOCKING!

  • @BidensBreakfastTacos
    @BidensBreakfastTacos Před měsícem +10

    Joey only hires the best.

  • @iggyg1370
    @iggyg1370 Před měsícem +4

    Well that explains why we have such high inflation.

  • @branchtobranch5607
    @branchtobranch5607 Před měsícem +13

    Oh man, LOL! I love you, Gutfeld! 🤣😂

  • @Alexander-fr1kk
    @Alexander-fr1kk Před měsícem +7

    Pathetic, absolutely pathetic!!!

  • @stephencrosby9174
    @stephencrosby9174 Před měsícem +8

    What about all the money our politicians received from AIPAC

    • @mikewurlitzer5217
      @mikewurlitzer5217 Před měsícem

      Millions from Ukraine and BILLIONS from CCP China our sworn enemy.

  • @truthsayers8725
    @truthsayers8725 Před měsícem +7

    the FEDERAL RESERVE is not federal, and its a private concern wholly owned by those outside the US.
    THATS why we 'borrow'. we promise to pay back to the Federal Reserve with interest. the IRS is the collection agency for the Fed Reserve. the reason the fedgov pushes (HARD) to get a SSN for your children, they fedgov is using that 'registration' of your kid's earnings, as future collateral against borrowing money from the FEDRES
    the Fed and the IRS both need to be abolished.

    • @dancarter482
      @dancarter482 Před měsícem +1

      Meanwhile _FJB_ is trying to order a Mc Flurry-Meal at the carwash!

  • @bbryant2485
    @bbryant2485 Před měsícem +6

    He doesn't need to know he's just following orders.

  • @LDMTX6
    @LDMTX6 Před měsícem +2

    How can America possibly survive with 4 more years of that?

  • @VUrban-yr5ch
    @VUrban-yr5ch Před měsícem +7

    He forgot his cheat sheet. Should have talked about yellow school buses.😂😂😂😂😂😂😂

  • @ann1541
    @ann1541 Před měsícem +11

    They have to borrow from the fed which us not a governmental agency

    • @oliverheaviside2539
      @oliverheaviside2539 Před měsícem

      The Fed and the “too big to fail” banks actually run the country. I thought everyone knows that.

  • @carlsoholt5265
    @carlsoholt5265 Před měsícem +8

    That explains a lot!

  • @greyballer1671
    @greyballer1671 Před měsícem +6

    Modern monetary theory is the antithesis of economics. Remember, AOC has an economics degree from boston college....

    • @toddthomason1251
      @toddthomason1251 Před měsícem +1

      Wait a second. This guy only has a social whatever degree. So technically AOC is more qualified for his job than he is? That is horrifying.

  • @slohand624
    @slohand624 Před měsícem +2

    That Dolt was Confirmed by the Senate

  • @ian5780
    @ian5780 Před měsícem +16

    He wasn't explaining cash at all greg. He was explaining debt inaccurately

    • @JamesMartin-bz3lq
      @JamesMartin-bz3lq Před měsícem

      Bot

    • @Rathkryn
      @Rathkryn Před měsícem +2

      @@JamesMartin-bz3lq 👈 bot accusing people of being a bot.

    • @JamesMartin-bz3lq
      @JamesMartin-bz3lq Před měsícem

      @@Rathkryn what bot dopey?

    • @TheMomseloc
      @TheMomseloc Před měsícem +1

      @@Rathkryn Oh oh. Now you've done it. James the Bot has advanced to a two-syllable word. At the rate it's going, it'll be Terminator in no time.

    • @Rathkryn
      @Rathkryn Před měsícem

      @@TheMomseloc If modern science has taught us anything it's that the Terminators will actually look like cute anime girls. So at least I'll go out happy!

  • @hunkydorian
    @hunkydorian Před měsícem +3

    "This guy is so unqualified he's comfortable with it."
    That belongs in some kind of book of intelligent quotes.

  • @stephenbrinckerhoff3510
    @stephenbrinckerhoff3510 Před měsícem +2

    Clear as mud.

  • @lauralovescoffee9290
    @lauralovescoffee9290 Před měsícem +2

    Does the most HISTORIC Administration EVER hire ANYONE that knows what the heck their doing???? 🤔

  • @user-lx5zg5vv2z
    @user-lx5zg5vv2z Před měsícem +7

    That guy has spent too much time with momala!

  • @AmpedReactions
    @AmpedReactions Před měsícem +4

    He just smoked a bowl.😮

  • @encinobalboa
    @encinobalboa Před měsícem +2

    Another incompetent appointee.

  • @theloneranger8725
    @theloneranger8725 Před měsícem +2

    The inmates are definitely running the asylum.

  • @scomo532
    @scomo532 Před měsícem +32

    Never, never have a music major as your chief economic advisor

    • @activerealtyinc5193
      @activerealtyinc5193 Před měsícem

      😂😂😂😂😂

    • @Aprlmoore
      @Aprlmoore Před měsícem

      Actually, music majors are usually good at math, so maybe we'd be better off.

    • @scomo532
      @scomo532 Před měsícem +1

      Math is a part of economics, it’s not economics. And, if your opinion is correct, that doesn’t make him a mathematician either. He studied the violin. He has a PhD in violin. Come on man!

    • @AussieJohnny
      @AussieJohnny Před měsícem

      @@scomo532 He must play the violin pizzicato 'cos everything he said was plucking garbage. 🤣🤣🤣

  • @oldschoolartist
    @oldschoolartist Před měsícem +3

    What a fuster cluck.

  • @dannywojo4393
    @dannywojo4393 Před měsícem +5

    I'm do glad u did a segment on this 2 yr old! 🙄 this is unreal!😮

  • @soothsayer5743
    @soothsayer5743 Před měsícem +1

    Absolutely insane! People voted for this!

  • @brendaflournoy4826
    @brendaflournoy4826 Před měsícem +2

    Tyrus is on point as always!!

  • @djfg1938
    @djfg1938 Před měsícem +4

    I thought that guy was a Babylon Bee comedian.

  • @thunderdeed1
    @thunderdeed1 Před měsícem +1

    Imagine this guy being questioned by Kennedy in a hearing.

  • @Strawhat_Pirates3D2Y
    @Strawhat_Pirates3D2Y Před měsícem +1

    Awestruck in the most frightening way possible. There is no way this is real or genuine.

  • @juliem6696
    @juliem6696 Před měsícem +3

    I'm an economist and even I know the answer!

  • @CynVee
    @CynVee Před měsícem +6

    Alexander Hamilton he ain't

  • @derekmosley3550
    @derekmosley3550 Před měsícem +2

    Tyrus dropped the hammer tonight!

  • @janesawyer3495
    @janesawyer3495 Před měsícem +1

    When I first saw this, I could not believe it was real........scary.

  • @snapfinger1
    @snapfinger1 Před měsícem +5

    Ask him to hum a few bars of Bernstein’s West Side Story.

  • @sstace69
    @sstace69 Před měsícem +5

    😂😂😂 Bidenomics in a nutshell

  • @00Jaxs013
    @00Jaxs013 Před měsícem +1

    That's Bureaucracy in a nutshell. We'll never have control of our government if the people calling the shots are unelected and unaccountable.

  • @user-gh3qh7xq3i
    @user-gh3qh7xq3i Před 2 hodinami

    Is this the result of generations of drug abuse, lowering educational standards, and parental neglect.

  • @davidandrew8264
    @davidandrew8264 Před měsícem +3

    OMG.

  • @Rope_Adope
    @Rope_Adope Před měsícem +3

    Competency Crisis
    That’s Bidenomics

  • @debraharper5458
    @debraharper5458 Před měsícem +1

    OMG, are you kidding me. What a joke.

  • @MandaloreAE
    @MandaloreAE Před měsícem +4

    The Federal Reserve is a private bank, it is contracted by the treasury to print our money and then we borrow our money from the private bank, that is why we have to pay interest because the government isn't really printing the money.

  • @aprilmorgan3456
    @aprilmorgan3456 Před měsícem +3

    Something nasty man

  • @jasonmazzy
    @jasonmazzy Před měsícem +1

    I literally thought this was a joke... imagine my surprise.

  • @ace9840
    @ace9840 Před měsícem +1

    And people think the economy will be fixed .. not a chance.

  • @johncamp-sk4ys
    @johncamp-sk4ys Před měsícem +4

    FJB -- TRUMP 2024

  • @rosannaperronie1011
    @rosannaperronie1011 Před měsícem +3

    🤦‍♀️😳❕‼️❕‼️

  • @oliverheaviside2539
    @oliverheaviside2539 Před měsícem +2

    Bernstein stated he grew up in a "musical family" and aspired to be a professional musician as a young person. Bernstein graduated with a bachelor's degree in music from the Manhattan School of Music where he studied double bass with Orin O'Brien. Throughout the '80s, Bernstein was a mainstay on the jazz scene in NYC.
    He also earned a Master of Social Work from Hunter College as well as a DSW in social welfare from Columbia University's school of social work. At Columbia, his dissertation advisor was Irwin Garfinkel. He is of Jewish descent.

  • @lorim8070
    @lorim8070 Před měsícem +2

    Glad he knows what he is doing!

  • @jackbooten2681
    @jackbooten2681 Před měsícem +3

    The Mental Health Chief is a, uuuhhh, well anyway, you know the thing.

    • @andrelotscher280
      @andrelotscher280 Před měsícem

      He's controling your Brain Cell 24/7. The BIG GUY. Scary Times 🥺🤣😂🤭

    • @jaymorgan6247
      @jaymorgan6247 Před měsícem +1

      ​@@andrelotscher280👈 can't cope hard enough. Biden's economic cabinet secretary is not qualified for the position and you cannot stand knowing we are right ..... yet again. 😂🤣😂🤣

    • @jackbooten2681
      @jackbooten2681 Před měsícem

      @@andrelotscher280 Talking about Admiral Levine, no mind.

  • @jamesmishoe7908
    @jamesmishoe7908 Před měsícem +1

    That was far worse than anything that's ever came from John fetterman.

  • @briano6115
    @briano6115 Před měsícem

    Its like watching a car wreck you just can't stop watching.

  • @ap9141
    @ap9141 Před měsícem +1

    I was cleaning and not watching, I thought this was a joke. Sadly it wasn't. What in the world!!

  • @user-fy4ld7kk2g
    @user-fy4ld7kk2g Před měsícem +1

    Absolutely ❤️ Greg Gutfeld Show I Watch It Every Night Of The Week ❤

  • @capoman1
    @capoman1 Před měsícem +1

    That's as bad as KJP.