Paul Gabrail and Mo Hussein break down the current and future state of the US economy, inflation, and what has to happen with unemployment for inflation to screech to a halt.
Join us as we dive deep into the pressing economic questions that have been plaguing us all: where is the economy headed, and what about the imminent threat of inflation in 2023? In this thought-provoking video, Paul boldly challenges conventional wisdom, urging us to question pundits’ reliability while addressing the potential consequences of low unemployment and its connection to inflation. He dissects the alarming fluctuations in food and energy prices, unraveling the intricate web that contributes to rising costs of living. With an expert’s perspective, he explores the national debt, the Federal Reserve’s role, and the dire need to curb inflation before it transforms into a recession. EverythingMoney leaves no stone unturned, delivering the latest stock market news, interest rate insights, and predictions about the looming economic landscape. Brace yourself for an eye-opening discussion that melds analysis, forecasts, and a stark call to action in the face of potential market crashes and the ominous specter of stagflation.
0:00 Where are the economy and inflation going?
0:49 Why is low unemployment inflationary?
1:18 The “trickle” effect
1:55 Fed wants 2% CORE INFLATION
2:32 Are we going to have a recession?
2:49 Volatility in food and energy
3:27 My concern for the US (long term)
3:54 National debt today
4:08 What to expect at next Fed meeting
4:41 US history: the good and the bad
5:04 *Debt takes away from our future
6:31 “Doom and gloom”
6:50 US vs China vs India (growth)
7:31 Low unemployment cannot stay long term
#inflation #economy #federalreserve
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–Video Editing by Justin Nelson–
Where are the economy and inflation going?, Why is low unemployment inflationary?, The “trickle” effect,Fed wants 2% CORE INFLATION,Are we going to have a recession?,Volatility in food and energy,My concern for the US (long term), National debt today, What to expect at next Fed meeting,US history: the good and the bad,Debt takes away from our future,US vs China vs India,Low unemployment cannot stay long term, how to stop inflation,…(read more)
BREAKING: Recession News
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Beware of the TERRIFYING Future: Recession 2023 and Inflation’s Loom
Economic crises are not something new to humanity. Throughout history, we have seen various financial downturns that have shaken societies and affected the lives of millions. As we approach the year 2023, concerns about a potential recession and looming inflation start to emerge. It is imperative for individuals and governments alike to be aware and proactive in preparing for the uncertain times that could lay ahead.
Recessions are cyclical events that occur due to various economic factors. They are characterized by a significant decline in economic activity, which can include factors such as falling GDP, rising unemployment rates, and a decrease in consumer spending. While recessions are a natural part of the economic cycle, they often have far-reaching consequences that can impact individuals and the overall stability of a nation.
The IMF and other global economic institutions have been warning about the possibility of a global recession as early as 2023 or shortly thereafter. The ongoing COVID-19 pandemic has undoubtedly played a significant role in the economic instability seen in recent years. The pandemic has disrupted supply chains, crippled businesses, and forced millions out of work. While governments have implemented stimulus measures to mitigate the damage and aid recovery, the long-term consequences are yet to be fully understood.
One of the most concerning effects of a recession is the potential for inflation. Inflation is the rise in the general level of prices of goods and services over time, resulting in a decrease in the purchasing power of money. When the economy is in a recession, central banks often resort to expansionary monetary policies, such as low interest rates and increased money supply, to stimulate spending and investment. However, these measures can lead to inflation if not managed carefully.
Inflation erodes the value of savings and devalues assets, leading to financial losses for individuals. Moreover, a high inflation environment can make it harder for businesses to plan and invest, as it introduces an additional layer of uncertainty and can affect consumer demand negatively. Governments will also face challenges as inflation can make it difficult to manage public debt, making it even more critical for individuals and governments to brace for potential inflationary pressures.
So, what can individuals do to prepare for the potential recession and looming inflation? The first step is to ensure financial stability by reducing debt and building an emergency fund. By minimizing financial obligations and having a safety net, individuals can weather the storm of an economic downturn more effectively. Additionally, diversifying investments and exploring alternative assets such as precious metals or real estate can help protect against inflationary pressures.
Governments, on the other hand, need to take a proactive approach by implementing policies that promote economic stability and avoiding excessive debt accumulation. Fiscal discipline, investment in infrastructure, and stimulating local industries can help cushion the impact of a recession. Central banks must also exercise caution when implementing monetary policies to prevent hyperinflation and ensure stability in the long run.
In conclusion, the possibility of a recession in 2023 and the potential consequences of inflation should not be taken lightly. Individuals need to prepare themselves by ensuring financial stability and considering alternative investments, while governments must take proactive measures to protect their economies. By being aware and proactive, we can mitigate the impact of economic crises and build a stronger and more resilient future.
On a brighter note, every recession comes with an equal chance in the fin-mrkt if you're early informed and equipped, I've read folks amass up to 7 figures during these times, and even pull it off easily in a favorable economy. Truthfully, I’d need guide please for a boomer like me to attain such amount for retirement, we definitely need to benefit from this situation somehow.
A number of the most eminent market experts have been expressing their views on the severity of the impending economic downturn and the extent to which equities might plummet. This is because the economy is heading towards a recession and inflation is persistently above the Federal Reserve's 2% target. As I'm aiming to create a portfolio worth no less than $850,000 before I turn 65, I would appreciate any advice on potential investments.
Workers who did not benefit from Bidens inflation losing jobs good? How about corporations raising prices by exploiting inflationary narrative? Nothing changed
Criminals run white house
Look at all of the UAW workers striking, UPS raising salaries, pilots for airlines getting raises. Employment needs to come down asap. It will be hard but at the moment worker demand is too strong and it’s driving inflation. Everyone is getting a raise and this cannot continue.
the reason why job wages flew so high, they had a chance to give real wages a long time ago, they didn't! Greed killed their business. Worked a warehouse/factory/blue-collar jobs for over 10years. In that time, I started making 10.00 an hour for warehouse work in 2004, no experience, almost 10 years later the same job starts at 12.00 a hour in 2014. Well let's do some basic math that's a 20% increase in wages. Rent in the same town that I lived in an Apartment went for 550 a month, now the same apartment is 1000.00 in 2014 that's almost a 100% increase. Its over 1400.00 now. Inflation is killing the economy. Unemployment rate there's no factories no more, most of the jobs that are hiring isn't a career job but something to work hourly. Once you figure all that out youll see the true state of the country, take a tour of the rust belt states and youll see the whole country is hollowed out, one bad reccession the country is finished. You can stick your head in the sand all you want but the truth is there.
Better for some to have none than all have less?
Yet, Powell's Logic doesn't apply in Japan. Japan is in the G7 like the US. Japan still has the same -0.10 Central Bank rate from 7 years ago, a lower unemployment rate than the US and a lower inflation rate than the US. 40% of the population of US, but only a fraction of the land. If someone wants to bring up declining populations in farming communities, then doesn't Paul's argument apply that they have to pay employees more so their employees don't leave? Yet, the inflation rate is still lower in Japan and they a -0.10% interest rate VS 5.5% in the US.
Where the hell are you getting this statistic (the average person makes 70k a year). Pfft. In America? Maybe if you take a flat average including billionaires but only 16.9% of people in the US make over 50k per year.
On the positive side, every recession offers an equal potential to make fortunes in the financial market if you're prepared and informed in advance. From what I've read, people have made quite a bit of money during these times and can even pull it off with ease in a strong economy. In all honesty, I'd appreciate some guidance on how a boomer like myself may get such a sum for retirement; we must undoubtedly gain something from this circumstance. In the event of a possible downturn, I'm searching for possibilities to profit. The UK and the US are both expected to experience a recession as a result of increasing interest rates, claims rating agency Moody's.
Have children. My wife and I have 4, they’re now all graduated from college, married and having children. Sure it’s a sacrifice but so is investing as u sacrifice to save. However, when you’re over 60 like us, you realize true wealth is family. Don’t make the mistake of some of our friends and worked hard and saved but, don’t have the joy of family and grandchildren. It’s worth it
Question. Is it possible to have low unemployment and low inflation?
I learn something new with every video.
As the economic crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure a profitable investment future, Thanks so much Mrs. Julia David for improving my portfolio
Btw you are the first to tell us to doubt about when people say “we gonna to the moon” or “we’re doomed”. You always tell that its when people think we are doomed that we should probably buy. And yet now you just put in the thumbnail “we’re doomed”. Oh well.
They WANT inflation… that's part of erasing the debt…
I love you guy, but this kind of headlines are not your style.
JEROME POWEL WILL Do what needs to be done.
I think its misleading to correlate inflation with unemployment. The main reason is the amount of currency compared to the amount of goods. Unemployment is not the root cause…