Comments by "Rune of Svalbard" (@vladimirofsvalbard9477) on "TLDR News Global" channel.

RFK voter here! I'll never vote D or R again.
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This comment being popular means it's attracted a lot of people that don't understand bankruptcy laws. All fortune 500 companies use the chapter laws to eliminate bad debts, especially Pharmaceutical companies. Infering that it's somehow ironic for Trump to use it against a casino is ignorant in it's usage; a complete vaguery of perception.
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@raw726 Actually, that's false and a very common misconception. Gold standard ended between 1914 and 1934 for the most part. Nixon going off the gold-standard was more ceremonial than anything. You could only exchange gold for currency between central banks (internationally) for the prior 40-ish years anyways. Nations realized quickly that gold-reserves would not be able to cover the over-head cost of the first world war. This quickly pushed in the direction of credit and currency exchanges. Eventually you get Bretton-Woods which was a precursor to an agreed upon fiat reserve currency (the USD).
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This is the 'too big to fail' logic. It doesn't work. Create a one world currency and then everyone is stuck in the same inevitable debt bubble. Decentralization is the best way to avoid the inevitabilities of rising inequalities that happen in a vacuum.
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Your comment makes no sense. Where are you assumptions about personality traits not reacting appropriately to slightly falling rates coming from? It seems to be a gross exaggeration based on a single vague source; the guy in the video?
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@Talisguy I think that might be a bad analogy, the Great Depression occurred ultimately because the Federal Reserve closed it's doors. Gold reserves were cut off and nobody gets a bailout. Nowadays the FED works entirely different, given it has a dual mandate to reduce unemployment and inflation. The caveat being they can raise unemployment to stifle inflation. The FED will never allow deflation like the 1930s or even 2008. Its' not a matter of inertia or weathering; it's just monetary policy.
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@carloshenrique-xb5bz I think you're over-simplifying it from the perspective of how much it affects you personally. Inflation and deflation both benefit different demographics of people. If you have assets; inflation is good. If you debts; inflation is good. If you have neither; then deflation is good. A lot of lower and middle class people depend on higher inflation to stifle old debts.
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I'm not a huge fan of Trump, but I truly wonder where people create their assumptions from. 2020 thru 2024 were an absolute crap-shoot. Someone help me understand how people suffering from high inflation and high interest rates (unable to really do anything) have a sense that going from Biden to Trump will be bad? I mean at this point, you have to be a trust fund child in order to think the last 4 years were anything approximating decent; just on the economic front alone.
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Hilarious how people that pay largely ZERO taxes want to use the taxes of others to keep us immersed in all these cesspools of cronyism. Almost HALF the funds that the WHO take in are donations; no conflict of interest as a vessel of public health lol
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That's because it's not a official government department; it's an 18 month commission that expires in 2026. The information of the world at people's fingertips, but they choose to have ignorant opinions smh.
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@krashme997 It's supply-side economics, which work (until they don't). The problem is that the FED never actually knows when to appropriately pull back interest rates. So supply begins to catch up with market demand as the economy is stimulated, but a slow-down is inevitable and usually demand begins to outpace supply. Eventually, it creates a debt bubble that the FED doesn't catch until it's too late. They start raising rates again, but then something breaks as usual and you get a recession.
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