Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "" video.

  1. Thank you very much for steadily teaching us important lessons on macro-economics or Maneconomics, Mario: How Central Banks Legally Plunder Your Savings: Timestamps for Mario's video are found below: The Bank of England's Manipulation of Currency, Inflation, and the Devaluation of Coins 💰 The video discusses why the Bank of England is stealing the purchasing power of currency through inflation. 00:35 Sam Bankman-Fried is being fried as he gets convicted of fraud and it looks as though he'll never have fried (peace in German & Yiddish/frid) of mind over FTXs collapse and may face up to 110 years in prison, hence Bankman-Fried will never be freed. 00:35 H€zböl-Läh leader's speech may escalate tensions in the Middle East. 02:00 Focus on personal safety, family, and community amidst the divide and rule tactics. 02:38 Remembrance Day protests and AI safety summit mentioned. 03:28 Encouragement to focus on self-reliance and ignore the divisive noise. 03:43 Miles Franklin mentioned. 04:30 💰 The Bank of England left rates unchanged, but some members voted to raise rates, indicating a more hawkish stance. 05:39 The Bank of England left rates unchanged, with some members voting to raise rates. 05:39 The expectation was for 72 members to vote to raise rates. 05:58 The Bank of England manipulates or manages market perception. 06:10 Inflation is a form of theft that erodes purchasing power. 06:18 The Roman state manipulated the silver content of coins to steal from the people. 07:05 Inflation is the consequence of a decrease in real money like gold and silver. 08:34 People have become detached from understanding inflation due to the absence of real money. 08:44 💰 The speaker discusses the devaluation of coins, inflation, and the manipulation of currency by governments. 09:13 Coins are becoming worth less and less due to inflation. 09:13 In 1946, the UK had the last silver coinage. 09:29 The Bank of England can create money out of thin air and buy government debt. 10:27 The currency is being detached from real money. 10:57 Inflation steals the purchasing power of currency. 11:59 The money supply and credit are growing faster than the CPI. 12:45 The calculation of CPI has changed, affecting the inflation target. 13:19 💰 The Bank of England may tolerate inflation above 2% to support the government and households, but this will devalue the currency and increase investments in gold and silver. 13:57 The Bank of England has not met its inflation target since gaining independence. 13:57 Analysts suggest the Bank of England may tolerate inflation above 2% to assist the government and households. 14:07 Raising interest rates significantly could lead to economic problems. 15:01 Continued inflation will benefit the government, maintain high taxes, and support the property market. 15:34 The value of currency will be negatively affected, while gold and silver will provide protection against devaluation. 16:04 Gold has historically protected purchasing power, with a 10.6% average return in pounds since 2000. 16:29 Gold is currently performing well, with a 5.3% year-to-date return in pounds. 17:18 📉 The stock market is down, government bonds are seen as a safe haven in the short term but may not be in the long term. 17:54 Dow futures are unchanged, NASDAQ is down 50 points, and S&P is down 6 points. 17:54 Currencies: Sterling is down slightly, euro is unchanged, dollar is unchanged against the Yen, slightly down against the U1, and unchanged against the Aussie and Canadian dollars. 18:12 WTI Crude is up half a percent, Brent is up half a percent, Platinum is up a couple of dollars, and high-grade copper is up 2/3 of a percent. 18:44 US 10-year yield dropped yesterday, Japanese 10-year yield is trading around .91, and UK 2-year yield is at 4.76. 19:06 The 30-year yield is back below 5 at 4.92, and it is expected that rates will go higher in the next few years. 20:07 If the government continues with quantitative easing, it will further debase the currency. 20:46 The speaker expects rates to go higher and warns about the value of the currency decreasing. 20:53
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