Comments by "k98killer" (@k98killer) on "" video.

  1. Meaningful clarification, since framing Q1 data as "tariffs aren't working" is a false framing considering that the tariffs were imposed at the beginning of Q2.
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  2. I have heard that the majority of the effect of the Plaza Accord was due to market psychology, similarly to when the Fed announced it would buy corporate bonds and then didn't have to because people tried to front-run the action and thus caused the move themselves. I have not yet seen a good numerical analysis to back this idea, but theoretically the data should be ontainable (i.e. interventions from central banks, sovereign wealth funds, and market stabilization funds). If you can find the data, it would be an interesting video for sure.
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  3. House affordability is typically calculated by comparing monthly payments to income rather than measuring closing price in median hours of labor. As such, people who have adopted differing metrics for affordability talk right past each other. Case in point, the MBSes: by buying them, the Fed caused mortgage rates to decline, temporarily improving affordability when measured as mortgage payment amount vs median income; however, in the long run, this caused prices to be bid up through inflating the sector. Adherents of "new consensus" economics observe that prices have inertia, which is related to the Cantillon effect: when underlying market conditions change, transactors take some time to adjust their prices.
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  4. There is a video titled "Money Did Not Come From Barter - It Came From Blood Feuds" that is worth watching. The barter myth etiology is about as credible as a talking snake making humans eat a fruit that caused them to think too much. The historical and pre-historical records indicate that money was invented to settle debts (both blood debts as described in the video and inter-tribal debts as experienced in the indigenous American tribes), and that invention of final settlement was extrapolated to create prices, structure governments, and eventually create market economies. I am not sure how exactly this reframing of the origin of money will help your analysis, but it is always worthwhile to subject one's mental models to critical inquiry to align them more closely with reality.
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