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Federal Reserve Bank of Chicago President Austan Goolsbee joins WIRED to answer the internet’s burning questions about the American economy. Are gas and food prices ever going back down? Is the Fed just a private bank or is it owned by the government? What are the best ways to tell if money is real? Answers to these questions and many more await on U.S. Economy Support.

WIRED recommends:
https://youtu.be/EkZAabVTx-4
https://youtu.be/YKmOXJnXshY
https://youtu.be/X536F9O5IEo

Watch more from WIRED | Tech Support: https://www.youtube.com/show/VLPLibNZv5Zd0dwIx8baZGDdkoPNg6LHAPDi?sbp=QAE%3D

#Economy #FederalReserve #America

00:00 – American Economy Support
00:16 – Interest rates are high, but at least there’s billions in the vault
00:56 – Printers gonna print
03:29 – Just filled up my gas tank. AMA.
05:02 – My love language? A sub-5% fixed rate
07:20 – Counterfeit? Just touch Benjamin Franklin’s collar…
08:45 – 80,000lb door, you say?
09:45 – Cheaper credit? Don’t mind if I do
11:17 – Data centers: overheating the economy and atmosphere
12:48 – The Pussycat Dolls and future recessions
14:06 – The Fed, the Illuminati and world domination
16:13 – Surviving on hopes and dreams
19:03 – The economic check-engine light
21:27 – The 2008 recession can stay in the past
22:44 – Repeat after me: “the stock market is not the economy”
24:16 – Sources? Trust me, bro
24:53 – AI and the lump of labour fallacy

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ABOUT WIRED
WIRED is where tomorrow is realized. Through thought-provoking stories and videos, WIRED explores the future of business, innovation, and culture.

Wired is a bimonthly American magazine that examines the impact of emerging technologies on culture, the economy, and politics…Watch on SloppBoxx.Com.

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12Comments

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  1. 3
    @WilsonBenald

    Everything keeps getting more expensive and some people here are over 30 but incomes barely move. At this point, relying on one stream isn’t enough – making smarter financial moves is becoming a necessity.

    • 4
      @lolileila-n6v

      I hit my milestones the moment I stopped hoping for the government and started executing a plan. That discipline took me into the $55K range. Still building.

    • 5
      @WilsonBenald

      It’s great to hear that you’re doing well financially, despite the economic challenges.
      Your success is a testament to your financial knowledge, smart decisions, and resilience.
      But how do you manage to consistently earn that amount? Is it through trading, investing, or another venture?

    • 6
      @lolileila-n6v

      Everyone needs more than just their salary to become financially stable, because living paycheck to paycheck will never build wealth. The best thing you can do with your money is to invest wisely since money left in savings often gets spent without generating any returns.

    • 7
      @WilsonBenald

      ​Can I ask something honest? How did you all start getting steady returns? I’ve been trying on my own for years, but my results are all over the place. I’d love to retire earlier, but I need more structure.

    • 8
      @lolileila-n6v

      ​Get yourself someone who understands the market very well and is also professional. in the placement of trades. that’s the key

      Mrs Sheryl analyses delve deeper than surface-level trends, encompassing technical, fundamental, and sentiment analysis to offer a comprehensive view of the market.

  2. 9
    @ChristianDanStar

    So basically, everything we already knew, I still find it irritating that we have the world’s first trillionaire, but can’t pay people a fair living wage

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