For a more detailed explanation on inflation watch this video:
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– about – Johnny Harris is a 2-time Emmy winning filmmaker and journalist. He currently is based in Washington, DC, reporting on interesting trends and stories domestically and around the globe. Johnny’s visual style blends motion graphics with cinematic videography to create content that explains complex issues in relatable ways. He holds a BA in international relations from Brigham Young University and an MA in international peace and conflict resolution from American University.
I thought the federal bank is controlled by the banks, and the government is the puppet? This is a genuine question that I really want to know, because the research i did years ago said something else Johnny said
The only goal of the central bank is to keep inflation in check. And it is NOT ruled by the government, it is supposed to be independant, so that they can take difficult political decisions like … Highering interest rates
Johnny could you do a piece on the belief in economic growth and the criticism about this? I see terms like recession and growth thrown around all the time, but almost nobody is explaining WHY thats a good thing and thats a thing worth to look into #equality
A bunch of people here say that the fed is a private bank and while they are implying they are smarter than everyone else…there is a difference between private, and totally for profit. So for those of you willing to understand nuance…
And anyone who knows what Ben bernanke did during 2008 should hold him in high esteem instead. The fed is a blunt instrument and not the only way to move the economy. But would rather have it than not
is the Fed private or public?
The answer is both. While the Board of Governors is an independent government agency, the Federal Reserve Banks are set up like private corporations. Member banks hold stock in the Federal Reserve Banks and earn dividends. Holding this stock does not carry with it the control and financial interest given to holders of common stock in for-profit organizations. The stock may not be sold or pledged as collateral for loans. Member banks also elect six of the nine members of each Bank's board of directors. The Federal Reserve Banks are not a part of the federal government, but they exist because of an act of Congress. Their purpose is to serve the public.
This is a clip from my 6-minute explainer on inflation, which you can watch here: https://youtu.be/zIbNJCSCEjk
It always amaze me how this all works, so many people working at so many levels.
"Isn't motivated by profit". Ha, yeah, as unmotivated by profit as Congress.
The Jews
The FED is a private bank.
So, a group of people have a ton of power. That seems like a serious problem.
bab
Rothschilds
END THE FED.
The WEF Controls the Economy
I thought the federal bank is controlled by the banks, and the government is the puppet? This is a genuine question that I really want to know, because the research i did years ago said something else Johnny said
The us central bank (fed) allowed over 10 quadrillion of non-existent money to be printed.
Find out what a quadrillion is and end the nearest bank to you.
For more math fun, to 10 quadrillion divided by the world population.
All world issues can be solved by ending billionares.
So FedEx is run by government too? 😂
Capitalists Control the economy
In Indis Reserve Bank of India has autonomy to great extent government doesn't interfere there
Uh oh…. johhny’s been bought, lol
I think you're not correct.
Criminal thugs, with suits
Fed is a private entity
What's with the color on this video?
It cant be just me right?
Not run by the government Harris. It’s a privately owned bank. The manager is appointed by the president. It’s a private bank though, right?
when the video about north korea coming ??
no if it worked the housing market wouldn't have crashed and i wouldn't be paying nearly 2k a month for a shit roach infested house built in the 60s
J E W S
I still have no freakin idea who controls the global economy
Run by blackrock
Rockefeller… 🤪
Puppet of the Fed here! Yes, this is very accurate.
And, honestly, I think the current management of the Fed is trying its best with the economy we have!
God, the audio synchronisation on that gives me a headache.
The only goal of the central bank is to keep inflation in check. And it is NOT ruled by the government, it is supposed to be independant, so that they can take difficult political decisions like … Highering interest rates
It totally doesn't work otherwise inflation wouldn't be that bad
Have you considered doing a video on the premise of post scarcity & how much better off we would be?
Is raising big movement around Latin America against central bank political corruption. Dollars will be stronger.
Maybe we should be questioning the economic dogma of constant growth. Central banks are doing a fantastic job of ensuring that we screw up the planet.
Johnny could you do a piece on the belief in economic growth and the criticism about this? I see terms like recession and growth thrown around all the time, but almost nobody is explaining WHY thats a good thing and thats a thing worth to look into #equality
With all due respect, much of what you've said in this video is incorrect.
The government DOESN'T run the federal reserve, it's an independent agency aka PRIVATE (listen to Greenspan, board of governors)
Silly, it is not actually run by the government. Dig a little deeper.
WRONG, the Fed is a private entity, NOT run by the government but run with the government
Lol
Though of course, lower interest rates only work if you have a job to pay back the loan.
Looking at high unemployment eras, or whatever economix comix said
More Johnny harris propaganda coming atcha!
Jews
Pls make a video on the fed! (Which I believe is NOT part of the gov technically)
Hey Waldo. I found you.
John 3.16-21 Mark 1.15
A bunch of people here say that the fed is a private bank and while they are implying they are smarter than everyone else…there is a difference between private, and totally for profit. So for those of you willing to understand nuance…
And anyone who knows what Ben bernanke did during 2008 should hold him in high esteem instead. The fed is a blunt instrument and not the only way to move the economy. But would rather have it than not
is the Fed private or public?
The answer is both. While the Board of Governors is an independent government agency, the Federal Reserve Banks are set up like private corporations. Member banks hold stock in the Federal Reserve Banks and earn dividends. Holding this stock does not carry with it the control and financial interest given to holders of common stock in for-profit organizations. The stock may not be sold or pledged as collateral for loans. Member banks also elect six of the nine members of each Bank's board of directors. The Federal Reserve Banks are not a part of the federal government, but they exist because of an act of Congress. Their purpose is to serve the public.
Except. . .. Japan
You should do a report on wsb and how most of the people there loose money and a few are killing it. Maybe insider trading
the fed is Privat hehe