Damus
Jeff Booth profile picture
Jeff Booth
@Jeff Booth
This clip from Jared Bernstein, Chair of the council of economic advisors, may help alleviate a fear to those who believe “those in power” are smarter than you.

https://youtu.be/RRJ7NUWYyEM?feature=shared

Economics is simple….1) prices fall to the marginal cost of production in a free market and 2) We trade with each other (all over the world) to gain more value.

It just looks hard through a system trying to deceive you to retain its power over you.
2718❤️64🤙22❤️4💯2💜1🔥1
Sourcenode · 99w
It's over 🙂
V · 99w
dude was stroking out lol
₿jarni ⚡iggi · 99w
🍎
Joe Martin · 99w
Scary stuff!
GLACA · 99w
Aren't they playing "stupid" It is also a well known and widely used tactic. Your enemy just think you're stupid and plays accordingly. The "Biden" case so seems like a playbook example. Sick "older man" who doesn't know what he is doing 😝
Rydal · 99w
Wow….seriously wow….that is some advisor!! 🫠
Mike · 99w
Too funny...too bad it's so serious.
zaytun · 99w
this cannot be a real video
mads · 99w
His education really prepared him for this https://image.nostr.build/039de7aca219bed6ac5f4a4260494908be4090a3882caab6ef272cc5921c8e47.jpg
j'ai les clés · 99w
Hey Jeff, while this man in the clip is clearly a buffoon, this clip is lifted from the documentary, Finding the Money, which is a completely bullshit-propaganda movie by Stephanie Kelton, highlighting the nonsensical “advantages” of Modern Monetary Theory.
AHWhite · 99w
the inmates ate running the asylum
Stawkeye · 99w
My fear is that “those in power” are even dumber than me.
Jordan Eskovitz · 99w
Oof
Mr Eugenides · 99w
The best thing about this was seeing the first comment beneath the video on YouTube: ‘At last, a new Monty Python skit’
Lo · 99w
Government: This is taken out of context.
XeqT Monetary Freedom (∞/21M) + (₿+⚡) = 🧡 · 99w
Guys like this clown would've starved to death a long time ago, in a world where you can't just get paid by the government to be a useless piece of shit.
Sun of the Moon · 99w
This has got to be a deep fake.
BitLo · 99w
It's worse than I thought Jeff. Much worse.
Cecilia Hamilton Hubene · 99w
What a boost of confidence for all of us Listening to this fellow suddenly elevates us to the status of flat out geniuses 😂 Saw this on Swan but it needs to be broadcasted and spread far and wide. And yes thank you for reminding us of the simplicity of economic principles 🙏
random · 99w
ha ha ha
Nunya Bidness · 99w
Jeff, are we certain this is a real video? I only see this snippet and cannot find the whole thing. Makes me wonder if it's not fake. It would not surprise me in the least if this video was 100% legit but I have to wonder (I hate that I have to wonder). Is there a link to the longer video from whi...
SovereignArab · 99w
This is a key point. Most people believe the people in power, especially in the finance world, are way smarter cuz they “understand the complexities” of the fiat system. But the truth is, there’s no complexity, it’s simply a scam, where the obfuscation and confusion is on purpose.
Bitcoin Golf Pro · 98w
Glorious