Top Three Videos – January 7, 2024

Central Bank Intervention and Economic Health

• The rising interest rates and falling money supply should have led to a bust in the bubble economy, but the job situation hasn’t worsened as expected.
• The high percentage of government jobs created tends to peak right before recessions occur, indicating a potential problem in the current trend of government job creation.
• The central banks are ensuring liquidity through shadow liquidity and exchange long-term dated bonds for cash at par, despite apparent declines in money supply.
• The hidden bailout of banks through liquidity windows disguises the contraction in money supply and job creation.
• The damage to the quality of bank balance sheets from central bank intervention is finally coming home to roost.
• The concept of zombification of the economy by the Federal Reserve is a concerning reality that is being hidden behind the GDP and jobs numbers.

   

Misleading Economic Indicators

• Job creation in the United States gives a false impression of strength, masking the underlying weaknesses in the economy.
• It’s time for economists to strip away aggregated data and provide people with information that resonates with their real experiences, rather than relying on misleading job and GDP figures.
• Small businesses, families, and productivity growth are lagging significantly, while the overall GDP figure is bloated by debt and government spending.
• The perception of impoverishment of the middle class accelerates, despite the record level of jobs, raising concerns about the true state of the economy.