The FED is Destroying the Economy | Father Of Reaganomics Explains

The FED is Destroying the Economy | Father Of Reaganomics Explains

In this eye-opening video, David Stockman, President Reagan's budget director and the father of Reaganomics, shares his expert insights on the warning signs of today's economy.

Discover why he believes a recession is near and what critical factors you should be paying attention to. From the sustained inverted yield curve to the alarming debt-to-GDP ratio, Stockman provides an in-depth analysis of the economic indicators that suggest we're on the precipice of financial trouble.

He also delves into the Federal Reserve's policies and their long-term impact on the economy. Whether you're an investor, a student of economics, or just someone interested in the state of the financial world, this video is packed with valuable information that you can't afford to miss. Don't forget to subscribe for more expert interviews and economic insights.

Chapters:
0:00 - Introduction
0:30 - Warning Signs in Today's Economy
1:45 - Impact of Pandemic on Household Cash Balances
3:25 - Government Stimulus and Economic Aberrations
4:45 - Delayed Recession Due to Excess Cash
6:00 - Implications of Spending Down Excess Cash
8:00 - Uncertainty of Economic Lag Times
10:00 - Personal Anecdote About Ronald Reagan

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