Comments by "Ray Bod" (@raybod1775) on "Minority Mindset" channel.

  1. He did that a year ago and missed a 20% increase in stock prices.
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  2. Both parties are big deficit spenders. Neither party allows average person tax write offs that corporations get.
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  3. It's more like the Fed changes the way inflation is calculated so it's always less than 2%.
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  4. Most goods are produced almost completely by machines, wages only are a tiny amount of cost of products.
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  5. Dollar is only one or two cents compared to 1950’s. Wars, social equity, federal government deficits and Federal Reserve protecting the wealthy decimates the value of dollar.
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  6.  @AmericanWears  Sums up both parties. They both are huge spending parties. Neither party cuts spending.
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  7. China has a massive real estate problem.
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  8. A million dollars isn’t what it used to be.
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  9. Commercial real estate market will crash bigley before housing.
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  10. I’m single and gave my niece enough to pay for half her degree, a car and half her advanced degree. If she does the right things, I’ll continue to help like helping her buy a house.
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  11. People with wealth know more about the economy and where it’s going than the masses.
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  12. I'd suggest Gregory Mannarino on YouTube.
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  13. No more Russian bots!
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  14. You must be wealthier than I am to know the future so well. I have the opposite opinion.
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  15. Temporary visas could instantly resolve farm labor problems.
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  16.  @navisoul-oi8mo  Dollar is simply a medium of exchange, that’s it.
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  17. Dollar is very strong.
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  18. Print more funny money… hello inflation my old friend, it’s never gonna end.
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  19. Silicon Valley will benefit from Deepseek to improve their large language models. Rumor mill says Meta took a substantial portion of its AI team to analyze Deepseek.
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  20. Actually, the money the Federal Reserve gets in interest profits gets returned to Treasury. Zero sum gain. It’s corporations and real people that will be hurt by higher interest rates.
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  21. All us children of immigrants seem to be the same no matter where our parents are from.
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  22. There’s a good chance economy will continue to drop and take down stocks further. People are running out of money. Treasuries are paying pretty well. Stocks are not a casino where you always win.
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  23. Just told a young person, there is no real retirement. I retired and still working.
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  24. Being treated like everyone else is not racist.
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  25. There’s too much pent up demand for homes and not enough construction, so prices will drop only seasonally.
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  26. Amazon has the best retail website. Walmart still doesn't get it.
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  27. Tariffs are leveling the playing field. All other countries impose them.
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  28. Not quite. AI sifts through knowledge already created and comes up with an answer. Sometimes the answer was never thought of by anyone like in the game GO!
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  29.  @johnrichjr.415  Let's see... Nixon opened the door to China who took most of our manufacturing industry. Reagan cut taxes while increasing military spending and changed the U.S. from the greatest creditor nation in history to the greatest debtor nation in history. Bush Jr. spent a trillion dollars invading Iraq and would up crashing the economy at the end of his administration. Trump took all the economic controls and screwed up the pandemic response, spent trillions in deficit spending and crashed the economy.
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  30. Last few years, yes!
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  31. Fed “quantitative tightening” is done by the Fed selling bonds it holds. Corporations buy back bonds and cash goes back into Federal Reserve, reducing the money supply in economy. Less money (supply) in economy means money is less available (increasing demand for available money) thus the cost to borrow money is higher. In addition, people anticipate more money to be taken out of economy, so immediately demand a higher long term rate to loan out their money. In reality, the interest rise is out of proportion to the amount of money the Fed actual withdrew from economy. Blah, blah, blah… sometimes I bore myself.
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  32. Companies have always existed by creating product and services for the lowest price possible. Move to Venezuela if you want to experience a true socialist economy.
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  33. Trump is limited in what he can do by Congress, hopefully he does bring down deficits and inflation by end of year.
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  34. Brics started because Biden weaponized dollar, worst decision in economic history.
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  35. Look at most products in stores, made in China.
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  36. Wealthiest people pay more taxes the more money they earn. Sure a lot of haters against people who make money.
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  37. Crypto has nothing backing it and it’s gone if you lose your crypto key. Find the best businesses with global sales to invest in. Investing takes work.
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  38. Rich and upper middle class people pay most taxes taxes.
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  39. Many of the wealthiest people carry a lot of debt to avoid being taxed to death. 37% federal taxes, 13% California tax and 2% Medicare Irma for 65 year olds. That’s over half a wealthy person’s income in California.
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  40. This fall will be scary.
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  41. Trump spent trillions of nonexistent money and handed it out like candy, give me a break.
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  42. Cultural shift to a less socialist federal government.
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  43. Dollars are a means of exchange, that’s it.
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  44. Market and economy doesn’t look good right now, just saying. If you know people who lost their jobs, can’t find jobs and home prices dropping… definitely time to get out.
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  45. Canada will eventually lose markets, if it raises electricity prices to northeast border region of U.S. It’s a tiny percent of U.S. energy use.
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  46. Everything is fixed, just most of us aren’t in on it.
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  47. Buy locally
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  48. So true, I’m barely a millionaire and you could never tell my multi-millionaire friends by what they wear or the cars they drive. If you catch a conversation with a wealthy person, eventually they get around to talking about their investing and their high taxes. My state, fed and Medicare Irma taxes were at 42%. In California, it would be over 50%. Wealthy people pay lots of taxes.
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  49. AI is not a bubble and still has a multi-year run because it’s only just begun.
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  50. Gold and silver can always be exchanged for dollars, just as dollars are exchanged for food.
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