How does a country create prosperity and avoid collapsing like the Soviet Union? FOLLOW ARTHUR LAFFER: "Taxes Have Consequences": www.amazon.ca/Taxes-Have-Consequences-Income-History/dp/1637585640 The Laffer Center: laffercenter.org/
@Joedisney
Ай бұрын
What's your guess seems to not understand an economy is not based on the top 2% doing well. 😊 This is what he seems to get mixed up maybe he should get some friends in lower places
@Joedisney
Ай бұрын
I guess your gas doesn't remember Donald Trump threatening to fire Fed that he put in to lower interest rates. This economist is so partisan that he can't see through his glasses
@Joedisney
Ай бұрын
Ronald Reagan was the first to leave a massive deficit This man is absolutely delusional
@Joedisney
Ай бұрын
Just wondering when we're going to see an economist say let's lower taxes on the middle class because the wealthy are doing just fine
@Joedisney
Ай бұрын
That explains it Kathy would lost 90% of value in her fund and that was his student
@Peterl4290
28 күн бұрын
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
@Mrshuster
28 күн бұрын
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
@larrypaul-cw9nk
28 күн бұрын
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
@sabastinenoah
28 күн бұрын
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
@larrypaul-cw9nk
28 күн бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Annette Christine Conte for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up
@sabastinenoah
28 күн бұрын
I just googled her and I'm really impressed with her credentials; I reached out to her since l need all the assistance l can get. I just scheduled a caII.
@user-3456rtu
Ай бұрын
I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.
@gwendymolly5953
Ай бұрын
Things are a bit strange right now. Inflation is making the dollar weaker for buying things like basic needs, but it's getting stronger against other stuff. So, stuff like stocks, houses and precious metals aren't doing so great because folks are putting their money into banks for safety but I'm worried about my retirement savings losing value fast.
@ClarissaMonty
Ай бұрын
If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets. It's better to hire a skilled financial planner especially if you're not one yourself. I hired one after my retirement pension took a hit in April due to the crash.
@Marthas-r4c
Ай бұрын
Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?
@ClarissaMonty
Ай бұрын
Melissa Elise Robinson, just check her out. It's better to hire a skilled financial planner especially if you're not one yourself. I hired one after my retirement pension took a hit in 2021 April due to the crash.
@makeamericagreatagain-d8g
Ай бұрын
I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
@Johnny-se8hk
Ай бұрын
Housing crisis, health crisis, cost of living crisis, debt crisis, inflation crisis, EU war crisis, middle East crisis, bank crisis, retirement crisis. How many crises can a koala bear?
@LupeBaptista
Ай бұрын
I was just thinking the same... Rising prices have affected my goal of retiring at 60... now working part-time, and building my savings.
@fromthebirchwood
Ай бұрын
smart retirement planning requires a lot of knowledge to get this correct, not for an average joe, especially in times like this
@arlenehill4ril
Ай бұрын
Straight up! investing with the help of an advisor set me up for life, retired as a millionaire at 55. I worked hard everyday as a teacher for 32 years, and my salary was over 100k annually. However, if it wasn't for the covid-outbreak, I wouldn't have supplemented my income with stocks and alternative investments.
@okaydamian
Ай бұрын
@@arlenehill4ril bravo! I've worked in real estate for over 25 years and have neglected a major stock portfolio, but I need a different plan now... mind if I look up the professional guiding you please?
@arlenehill4ril
Ай бұрын
Karen Lynne Chess is the licensed advisor I use. Just google the name and you'd find basic info. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
@jhonatanmoreira-gk8jv
Ай бұрын
Used to think investors lose out amid crash, meanwhile some make profits. I also thought folks went out of business during the great depression, but some went into business. Bottom line, there's always depression for some while others amass wealth gains.
@arielinho1
Ай бұрын
well said, in my opinion, times are crazy now, hence everyone needs a sort of financial planning in order to thrive forward. ideally, investment advisors are the best reps for getting the job done
@roderickjames999
Ай бұрын
Right, a lot of folks downplay the role of advisors until being burnt by their own emotions, no offense. I remember years back, amid covid-19 outbreak, I needed a good boost to help my business stay afloat, thus researched for licensed advisors, and thankfully came across someone of excellence. She's helped grow my reserve notwithstanding inflation, from $350k to nearly $1m as of today.
@ZeyadHazard-l1y
Ай бұрын
this is huge! your advsor must be grade A, mind sharing more info please? in dire need of proper asset allocation
@roderickjames999
Ай бұрын
She goes by ''Jane Nina Pickett'' she's a renowned figure in the financial industry with over one decade of experience. I'd suggest you research her further on the web.
@ZeyadHazard-l1y
Ай бұрын
thanks for sharing, just looked up Jane Nina Pickett on the internet, spotted her consulting page ranked top and was able to schedule a session. Ive seen commentaries about advisors but not one looks this phenomenal
@EricTaoTheDoc
Ай бұрын
Now here is a wise man with years of experience that we should listen to. Great advise for the troubled country.
@b1burck
21 күн бұрын
🙄 He and the Republicans especially Donald Trump are hypocrites! Trump increased the national debt by 8 trillion dollars in 4 years and he wasn't done spending. Trump was begging McConnell and the Republican Senate to pass the Democrats authored two trillion-dollar spending bill in October of 2020 ..had that bill passed, the national debt would've increased by 10 TRILLION DOLLARS in 4 years. Trump said " I, quite frankly, want an even bigger spending bill than either the Democrats or Republicans are offering" ..said it on Rush Limbaugh radio show.. and Rush Limbaugh did nothing... Said nothing but these people are supposedly against debt!? 🤣😂🐑🐑🐑🐑🤡
@renee199502
Ай бұрын
Well most people in crypto don't seem to be aware that a fed cut usually triggers a dump in stocks... and stock owners are used to it and know it will go back higher, but crypto people freak the fuck out everytime something happens cause nobody seems to want to study how markets and money work. And often the FED has cut rates suddenly a month after saying they wouldn't... wanting to say that if we got a surprise cut in august, crypto would lose its shit. And I'm still lowkey wondering whether we might NOT get a cut in september, since that's what everybody has decided is gonna happen, or do get a cut, the economy tanks and they come out with a surprise hike later this year. .....currently I've been engaged in active trading, which is generally safer, allowing investors to weather market volatility and also managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Sandy Barclays whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
@renee199502
Ай бұрын
Sandy Barclays program is widely available online..
@EduardBloj
Ай бұрын
Exploring new investment opportunities demonstrates your proactive stance towards financial growth during these volatile times. Diversifying your portfolio can play a crucial role in effectiveIy mitigating risks..
@jchall12
Ай бұрын
Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.
@UnknownTkayy
Ай бұрын
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.
@pusakunu2394
Ай бұрын
Sandy gave me the autonomy I need to learn at my own pace and ask questions when I need to she’s so accommodating.
@christopherdavies8839
Ай бұрын
84 years young. Wow!
@jackng3687
Ай бұрын
This is one of the best interviews done. Interviewee is level headed and policies focused.
@ConfucianScholar
Ай бұрын
Laffer is a sage of economics. Great episode!
@773creyes
Ай бұрын
This guy said the economy is fantastic a year before the 08 crash and mocked others who said the opposite.. I can care less what he has to say now
@earthvoicefoodchoice9309
Ай бұрын
Excellent talk. Fast fun no commercials easy informative.
@usarmy6005
Ай бұрын
*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
@mariamiracle5754
Ай бұрын
Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
@gracedaniella9073
Ай бұрын
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Ann Marie strunk, has been an amazing experience.
@julietwood8315
Ай бұрын
Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦♀️ of myself because of low finance but I still believe in God
@rexchizzy5628
Ай бұрын
I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Ann Marie strunk 😊🎉
@sandraclaire2762
Ай бұрын
Good day all👍🏻 from Australia 🇦🇺. I have read a lot of posts that people are very happy with the financial guidance she is giving them ! What way can I get to her exactly ?
@doodedoodotdotdeedooyeah
Ай бұрын
"Trade is a tool for peace" - Yet we've experienced over two decades of continued war.
@bradb2175
Ай бұрын
Art is a treasure.
@treyquattro
15 күн бұрын
you misspelled "moron"
@Landgang2012
Ай бұрын
Why ask laffer about the state of the economy? Search for peter schiff was right around 2005-2007 where he predicts the housing crisis, Laffer makes a bet against Peter´s prediction and got it totally wrong
@sokratzmmf
Ай бұрын
Schiff predicts a recession every year 🤪.
@samsun01
Ай бұрын
Laffer is a laughing stock, literally if you buy his 'stock' you'll be broke while he laughs all the way to the bank AND brown nosing with the Clintons and Obamas.
@Landgang2012
29 күн бұрын
@@sokratzmmf hehe true! but i refered you to the interaction with laffer in 2005-2007 where undoubtedly Peter was right and laffer was proven wrong.
@pwrighter
29 күн бұрын
Laffer minute! The prof has the perfect economic model in his head and nothing will alter it. That’s why he’s so quick with the answers. Who cares about the real world.
@lostininnerspace8687
Ай бұрын
How can he describe the dollar as “sound money” when it is being printed to oblivion?
@mikemcglauflin8985
Ай бұрын
Good observation. Accredited people are inclined to sell propaganda.
@lostininnerspace8687
Ай бұрын
@@mikemcglauflin8985 they sure are!!
@mantanaman1944
29 күн бұрын
He literally says the reason Bitcoin and gold go up in price is because paper currencies including the dollar are unsound. Verbatim "unsound". 26:59
@traveller7879
Ай бұрын
Since Laffer was a member of President Reagan's Economic Policy Advisory Board for both of his terms (1981-1989), it would have been interesting to ask him about Reagan's "trickle down economic policies". That is if you lower the corporate tax rate and taxes on the wealthy, the economic benefits will "trickle down" to the working folk. I think that it became very obvious that the wealthy just pocketed the extra income from the tax breaks.
@yawzerdoink-a-sore-as8159
Ай бұрын
Art Laffer is almost the same age as Biden, and I had to slow him down 0.75X because he speaks so fast…..
@DonaldMark-ne7se
16 күн бұрын
Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target, I recommend a Ratio like this Debt % should be equal to your age in years. If you are 20, debt is 20%, reset in equity. If the market falls or rises drastically, your debt % will change, which you should rebalance to 20% and bring back equity to 80%. Thus you would have bought low or booked profit depending on if it was a crash or a bull run.
@kevinmarten
16 күн бұрын
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
@martingiavarini
16 күн бұрын
I totally agree; I am 66 years old, recently retired, with approximately $1.2 million in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, I didn't do all this alone, but with the help of a financial advisor. Having one is currently the best way to trade in the stock market, especially for people nearing retirement.
@JacquelinePerrira
16 күн бұрын
Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
@martingiavarini
16 күн бұрын
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@JacquelinePerrira
16 күн бұрын
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes.Thanks
@MenofHighValue
29 күн бұрын
Art Laffer is a freakin genius
@reidwarren3895
Ай бұрын
Now there is a man of common sense and proportion. Hopefully Trump calls on him.
@brixmortar
Ай бұрын
I think Mr Laffer is completely right about policies, and I agree that we should all have the facts from which we derive the correct policies. But how can an event that he says happened in 1930 make the market crash in 1929?!
@brixmortar
Ай бұрын
See 45:04 to 45:22
@TheJacobnotowitz
Ай бұрын
Great interview!!!!!! Thank you so much for all the hard work you do and information you provide!
@davekinghorn9567
20 күн бұрын
Should the Federal Government have the 'right' to know how much money an individual makes?
@user-hl4uz9kc1y
Ай бұрын
We already have double inflation
@artemishumaan6984
Ай бұрын
Right and it is a testament to how ignorant Americans can be tricked into thinking there is no group of people that are actually causing the inflation for personal wealth uplift. They don’t even know or care where their financial pain is coming from. They don’t even know or care where their life threatening social situations are coming from. This is how common sense stupid the American people have become.
@comic-sniper
11 күн бұрын
Always a great insight when Arthur is on. Awesome show and looking forward to seeing him again soon.
@MenofHighValue
29 күн бұрын
"Naughty, naughty" lmaooooooooo🤣🤣🤣🤣🤣
@MaZe741
Ай бұрын
did he seriously just say "economic intercourse" without batting an eyelid? respect
@Mr_Hundredaire
Ай бұрын
True gangsta
@RetardedApe69
Ай бұрын
I lost it when he said economic intercouse
@TheJaredli
Ай бұрын
😮
@bruce4130
Ай бұрын
The term isn’t what you’re thinking!
@mantanaman1944
29 күн бұрын
Haha yes and really it is a good analogy
@varrickjung169
Ай бұрын
How do most of you guys still make profit, even with the downturn of the economy and ever increasing life standards
@GeorgeRDSims
Ай бұрын
Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency, stocks, through the assistance of my discretionary fund manager
@GeorgeRDSims
Ай бұрын
Julie Alma Stevens
@KSTTN
Ай бұрын
This is correct, Julie's strategy has normalized winning trades for me also and it’s a huge milestone for me looking back to how it all started
@Doyle47
Ай бұрын
Yes, I agree with you. Her platform is wonderful and her strategies are exceptional
@CassieH4
Ай бұрын
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
@tarlochansingh4181
29 күн бұрын
Versidium's making moves. Glad to be part of it!
@mikefernandes3959
Ай бұрын
Trump to pump economy
@robertbender73
27 күн бұрын
Laffer is the best since Milton Friedman at explaining economics His book, Taxes Have Consquences is excellent
@choopa1670
Ай бұрын
I have lost all confidence in central banks and especially the US dollar since Covid cause the manipulation and devaluation was the last straw and time I would put up with it.
@PonziZombieKiller
Ай бұрын
But Oringe Jeezus will gi e us more stimulus checks 😮
@xmonikerhotmailcom
Ай бұрын
Thus bitcoin.
@kamwingleong2642
29 күн бұрын
Great show with Dr Laffer, David, enjoyed and learned a great deal
@Brandon.80
29 күн бұрын
Art, sound money ended in 1971. (Sound money is never debased) It's impossible to go back.
@kartikbachkar4736
29 күн бұрын
Versidium's innovation is unmatched. Eye on the prize!
@MagicHourMediaHouse
29 күн бұрын
Dr. Laffer is awesome
@anonymousAJ
29 күн бұрын
We don't want to devote too little resources to security and we don't want to devote too much resources to security But the less government (ie security paid for by ongoing theft, enforced by kidnapping and murder) is better, and none is best
@thunderbird3694
Ай бұрын
Arthur Laffer, the father of VOODOO ECONOMICS
@ChristoferJBell
Ай бұрын
Never heard of this guy, and I like him a lot.🎉
@Brandon.80
29 күн бұрын
Don't ignore the money supply, that's the real inflation driver.
@TheControlBlue
Ай бұрын
I respect the guy and like his ideas. But on the subject of Tariffs, he is *absolutely* wrong, Tariffs are indeed a political tool and rhey absolutely belong in the toolkit of nations, Else the concept of Embargo wouldn't exist.
@LizaPhilips
29 күн бұрын
As recession mount on Wall Street and inflation remains well above the Fed's 2% target, some economics sounded off on just how bad this downturn might be - and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $850k at the age of 60.
@frankbarnes22
29 күн бұрын
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
@phillogan1
29 күн бұрын
The volatility of the market is the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+
@carolpaige2
29 күн бұрын
This is definitely considerable! think you could suggest any professional/advisors I can connect with? I'm in dire need of proper portfolio allocation
@phillogan1
29 күн бұрын
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@carolpaige2
29 күн бұрын
Thank you for this amazing tip. I just looked up Carol, wrote her explaining my financial market goals and scheduled a call
@josephedlin2172
29 күн бұрын
Because the government set the interest rate they essentially demand society bend to the artificially established value. Yes, the balance sheet must then adjust to the rate rather than the other way around. But that essentially means a society adjusting to a political narrative regardless (democratic? Not) of wether they like it. When the text books covering this era of history we need to ensure we don’t rename socialism. Let’s remember this is socialism… this is where it always leads us.
@brianallen8015
Ай бұрын
He nailed you on the book. Read it and have him back!
@TheDavidLinReport
Ай бұрын
he got me
@CollectorChronicles
Ай бұрын
@@TheDavidLinReport My unread bookshelf is bigger than yours so don't feel bad. 🤓🤣
@byronfuentes1281
8 күн бұрын
David you need to read “Caesar’s Messiah” by Joesph Atwil. USA regressed to peonage in 1913 private cartel now can borrow and make your children debt slaves they use tax to legally steal your energy and redistribute it to the lazy special interests.
@michaeljacobs4546
Ай бұрын
Yes strong economy and defense and it is not only no military warfare but no need for this financial warfare that is backfiring on us left and right.
@James-bb8xs
29 күн бұрын
Dr Laffer is awesome 🔥 good interview here
@johnholmes7585
Ай бұрын
He fails to mention demographics, and the huge impact that has the economy of a country. The baby boomers are retiring, and that is the main reason for the economic struggles we have. Plus, the national debt is soaring out of control. He talks of a tax cut. That was not good for our country.
@gauridas1483
29 күн бұрын
Versidium's strategy is on point. Big potential!
@investorgadget6864
Ай бұрын
David Lin is unreal. Thank you sir. Keep it coming
@PonziZombieKiller
Ай бұрын
He is on it 👍
@kikaalvesdesouza8429
28 күн бұрын
The best interview ever 🌹
@GovardhanTuri-xz6kl
29 күн бұрын
Versidium's future looks bright. Stellar project!
@sawtoothbygeorge
Ай бұрын
If there wasn't debt money would be more difficult to steal.
@alexkit3661
29 күн бұрын
Great interview!
@stanislavfrul6339
27 күн бұрын
The debt was decreased during Clinton's term because the economy was growing while the prices for commodities were low. And they were low because of the disintegration of USSR - the offer of commodities in the world has drastically increase due to the collapse of the postsoviet industry, most notably - of the military complex, and due to the fall of military spending. It was a one-time event, and presently the prices for commodities fall sharply only due to deflationary shocks, meaning that the demand from the average Joe has to remain to be artificially increased by the government, which results in new waves of inflation and shortening of inflation phases. Therefore, no government will be able to cut spending, and the decrease of debt during the next deflationary phase will be insufficient. And as for the plans to drastically increase manufacturing of products with average value added in the US, suffice it to note that in 1990's most of them were produced in the developed countries, while presently most of them are produced in the developing countries. How the US (or any developed country) is going to compete and simultaneously maintain relatively high wages in the industry, considering that developing countries are also capable of innovating?
@b1burck
21 күн бұрын
This guy is worried about the debt crisis but never criticizes the deficit spending of Trump? 8 TRILLION DOLLARS and Trump wasnt done... literally begging McConnell to pass the Dems 2 trillion dollar spending bill in October of 2020 ..that wouldve increased the national debt by 10 TRILLION DOLLARS in 4 years 🤦♂️
@waaxiaxmedc4930
Ай бұрын
The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich
@JenniferAniston-k2z
Ай бұрын
Sound good, How do you do that?I'm interested, how do I go about getting started?
@JenniferAniston-k2z
Ай бұрын
Do you invest with a professional broker??I'd appreciate it if you show me how to go about it.
@BarbaraLinda-s9e
Ай бұрын
Her top notch guidance and expertise on digital market changed the game for me.
@Richard.767
Ай бұрын
It's Andrea Megan doing she's changed my life. A BROKER- like her is what you need.
@JimmySmith-tr7nw
Ай бұрын
Same here, with my current portfolio madefrom my investments with my personal financial advisor (Andrea Megan) I totally agree with you
@abrahamisabella8513
29 күн бұрын
Great interview 👍 👏 👌
@sewnsew6770
Ай бұрын
Art Laffer is a pragmatist
@masangogabriel3356
Ай бұрын
A failing U.S. economy and elevated global tensions reduce the likelihood of prolonged inflation or higher long-term Treasury yields. I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favorable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich
@AshleyChloe
Ай бұрын
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors I speak from experience.
@MargaretDKnapp
Ай бұрын
True, I’m quite lucky exposed to personal finance at early age, started full time job 19, purchased first home 28, got laid-off work at 36 amid covid-outbreak, and at once consulted a well-qualified advisor to stay afloat. Thankfully, my portfolio has maintained steady growth ever since, amassing nearly $1m after subsequent investments to date.
@bradfordemily2577
Ай бұрын
this is great! think your advisor would get on the phone with an unknown? i'm in dire need of proper portfolio allocation
@MargaretDKnapp
Ай бұрын
Finding financial advisors like Monica Lisa Payne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@bradfordemily2577
Ай бұрын
Thanks for this. could easily spot her website just after inputting her full name on my browser. she replied my inquiry and we scheduled a consulting session sometime tomorrow.
@aaronjohnson9337
25 күн бұрын
Very smart man.
@michael2275
27 күн бұрын
David is a bit of an embarrassment to be honest. He needs to broaden his knowledge, it's part of the job. Knows too little about the world/history in general.
@user-zs8dp2zm8f
29 күн бұрын
Versidium hype is building. Exciting times ahead!
@Cricket_Facts_0.5
29 күн бұрын
Can't ignore Versidium any longer, it's happening!
@rrrrr_rrr8088
29 күн бұрын
Believing in Versidium's journey. It's a solid bet.
@jax-sx9pk
29 күн бұрын
Ya David, just call up Bukele for a chat!
@SanbanmanSDkhar
29 күн бұрын
Just added more Versidium to my portfolio!
@vincentmurphy9252
29 күн бұрын
Rates need to be set by the market Just like min wage set by the market
@ShawnKhosravani
29 күн бұрын
Smart and very entertaining
@artemishumaan6984
Ай бұрын
We already had a dwindling mfg base and boomers spoiled the next generation into hard work merit based avoidance. Now we have low productivity for many reason include this factor so the economic recovery because more of a social problem. A critical mass of these kids are okay with minimal work at a young age but still want to get the fruits of hard work.
@MrDamon888
Ай бұрын
Sure, according to Laffer trading with China and Russia should have made them peaceful. We can see how well that worked 🙄 Some people just can’t be helped.
@TheR700cancer
25 күн бұрын
Going to have to read that book david haha
@michaeljacobs4546
27 күн бұрын
Laffer makes some big oversimplifications but his general message is sound. Also he is the most entertaining economist in the history of dry and dismal science.
@stanislavfrul6339
27 күн бұрын
His arguments are based on a false premise that the rate of emergence of new significant (such that lower the cost of living) innovations is constant. They can be created on the basis of fundamental scientific discoveries, and their potential is not unlimited. Presently, the potential of old scientific breakthroughs is almost depleted, and there are no new ones, which ultimately makes American goods less competitive on the global markets. When he talks about the economic boom of 1920's and the prospectives of economy he demonstrates the lack of understanding. There are more important factors at play than just taxation
@davida4880
Ай бұрын
Agreed!! 💯%
@ultapultagaming3068
29 күн бұрын
Versidium for the win. This is just the start!
@velob11
Ай бұрын
He just undermined himself after shilling for El Salvador… and Cathy Woods was his student??!! We are lost.
@danielorzech4563
Ай бұрын
😂😂😂 Art was on! Hahahaha great interview. Did not know he was hilarious 😅
@LalitSharma-fo5pt
29 күн бұрын
Versidium's buzz is justified. Count me in!
@austintolman9061
Ай бұрын
Really dig the passion and the perspective of someone that knows a lot about Economics. but never once did he touch the rise of AI and how much it will change the job market and how difficult it will be to regulate and deal with that. he has a brilliant mind about economics - but they feel a little dated...
@maureenviola
29 күн бұрын
What a hawk. Tuning out now
@Missionmtman
Ай бұрын
This guy is a legend. Really loved listening to this episode.
@fascistphilosophy5649
Ай бұрын
he's talking wiley coyote off the cliff, 'man just lower taxes and we're off to the races!'
@veritas23888
Ай бұрын
Fiat currencies are unsound. Period. Only a gold backed currency limits unsound and unhinged printing, and ultimately 100% debasement and failure, as history has shown over 500 fiat currencies have failed. No fiat currency has ever succeeded. And every time a fiat currency failed, it had to be replaced by a gold-backed currency to re-instil confidence, and force responsible central banking by imposing limits on currency creation
@Hafermarkt
Ай бұрын
Awesome
@mikemcglauflin8985
Ай бұрын
Raise rates to 7% and call it a career.
Ай бұрын
David did a great job handling a difficult guest. Idc how famous he is, his straw man arguments aren't helping.
Ай бұрын
He also contradicted himself several times
@elliskaranikolaou2550
Ай бұрын
In my opinion, Laffer is wrong about a UBI. AI and robotics will ensure that most people won't be able to work for a 9.00 to 5.00 job in the future. Capitalism like any other system has a lifespan, and it's rapidly coming to an end because AI and Robotics has destroyed the contract between Labour and Capital. What comes next ? My guess is that a stop gap measure like a UBI will be introduced until they work out what to transition to. The question is can they peacefully transition to a new workable model, or will the powers to be resist changes because they don't want to lose their power. Listening to the talking Financial heads about how a UBI is bad is like listening to Lords and Barons in Medieval times say giving the peasants land rights is bad.
@EricHartnett-wh1lv
Ай бұрын
Not sure here, both administrations spent beyond their means on military. I think we're discounting impact of weak politics here
@shantassadourian8480
Ай бұрын
Wishes are not reality Recommendations are a wet dream compared to current policy Preaching what should is not helping any1 Should give personal advice based on current situation
@peanut9051
Ай бұрын
One of my favorites.
@user-pj6lu9lh1y
Ай бұрын
The long term productivity needs a revolutionary approach for the young people in their future. If the national debt becomes the next generation's reality ( this generation absorbed last generation's national debt) , their solutions will need to optimize productivity, not AI productivity.
@Lexman00
29 күн бұрын
43:22 David, what in da hell? How on Earth did you guess 70% in 1910? LOL
@taylorkaplan2614
Ай бұрын
I love this guy haha
@sewnsew6770
Ай бұрын
If end the income tax will create equal opportunity Billionaires don’t pay taxes but workers do End income taxes so workers can build wealth
@sokratzmmf
Ай бұрын
This guy doesn't have any solutions except more of the same.
@michael2275
27 күн бұрын
Every time we get going on the right track a bunch of commies like you come along and derail it.
@samsun01
Ай бұрын
Mass delusion on the Titanic. Laffer is a laughing stock, he's delusional.
@graceamsterdam5404
Ай бұрын
Thank you gentlemen. I am on one third of the interview and I love Dr. Laffer already. Sound set of morals are the tools to get the world out of this trouble.
@FredJones-lo2df
Ай бұрын
We sre all going to be Laughers as Washington decreases our standards, print dem dollars boys😅
Пікірлер: 533