Comments by "AQuietNight" (@AQuietNight) on "VisualEconomik EN" channel.

  1. The problem with Europe is they do not consume enough food additives.
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  2. Thanks to real estate investors and low interest rates, land or housing costs have been driven up past affordability. More building will only get you just more expensive housing stock.
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  3. Reagan had to support Volker because his interest increases were unpopular. Reagan also struck a deal with the Democrats to raise taxes if the Democrats reduced spending. Reagan did his part of the deal.
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  4. LBJ kicked off the inflation Reagan later had to deal with.
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  5. Putin essentially made Russia a plantation for China.
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  6. Reagan was dealing with an economy in transition. The 2008 was caused by lax government policy.
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  7.  @bettyswallocks6411  "GW Bush’s further de-regulation" 1987 was government created as Fannie Mae encouraged borrowing to credit unworthy people. Franklin Raines was the man. Black and Democrat the media did not encourage looking into this man. The 2 big ones (the other, George Tenet) in Bush's second term were helped by the two Democrats he retained from the Clinton Administration as a good will gesture to Democrats. That was another person the media did not encourage people to look into. Lesson one: Republicans should never ever have holdovers from a previous Democrat administration.
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  8. I can't say having the honor of being a world reserve currency is worth the honor. I'd rather the Euro have it. :)
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  9. The government should build housing that caps rent at 25% of income. This will provide housing free of market forces and may even force private landlords to drop their rent. If you do not have adequate affordable housing you will end up with an unstable society. With many cities out of developable land, rental prices will just go up and up and up. The private market in many parts of the United States can no longer offer low cost housing.
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  10. Problem is you are paying top dollar for buildings that were built and paid off decades ago. The current situation allows real estate speculators to raise prices up and up. Low interest rate environments allow for even higher housing costs because the interest expense is so low. Families should not be bled to death just to have a roof over their heads.
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