Oh give me a damn break! Whine whine whine! You crabbers don’t seem to have a problem upgrading your stupid phones! I see commercials about it all the time! You crab about food costs going up? Really? Not one of you has ever gone a day hungry! Complain about the cost of getting a home or rents? Go out on the street and bellyache your problems to the homeless! I’ve been going into my corner Convenient for 21 years. Every time I go I have to wait behind people who have no problem buying their Lotto and Scratch off tickets! Handful of each! Not one or two of each a big handful! You can afford to gamble! Complain about gas prices? Then give up your taken for granted cars and walk then! Sick of you Middle Class thinking rising costs only affect you. Poor who work suffer just as much. We’re not all on government help you have to jump hoops to get and keep! We’re far from another Great Depression that lasted 10 years which makes what we’re going though now like nothing!
@Atombender Says:
If you can be taxed on unrealized gains, can you also claim a tax refund on unrealized losses?
@conquesimo Says:
Peter says a lot of insightful things and the host reflexively responds with "that's good times" then asks a completely unrelated, prepared question :-/
@Daisyeb1997 Says:
Is he saying tax on prperty is unconstitutional?
@marioimazlopez594 Says:
I listend you Peter from past 15 years saying that the market is going to crash, and i only see the stock market rise.
@RicketyRider Says:
My primary critique is the notion that real competition is largely absent in many contemporary markets. Many industries are characterized by oligopolies or monopolistic competition where a few large firms dominate, often due to high barriers to entry, such as high start-up costs, regulatory hurdles, or technological advantages. While there is competition, it doesn't always lead to the outcomes predicted by models of perfect competition, such as price-taking behavior, identical products, and free entry and exit. Instead, strategic behavior, product differentiation, and market power play significant roles, leading to outcomes where firms can influence prices and market conditions more than traditional economic theory suggests.
@MikeTesa Says:
Either president that gets elected, no doubt my mind things will get worse with inflation. Trump kicked off inflation further by forcing the fed to reduce rates during the pandemic
@jerrycampbell-ut9yf Says:
The consequences of the recession are starting to become apparent. The long-term downturn in the housing industry and property prices is having an effect on people. I want to put my lump sum windfall from the sale of my house in the Sacramento area into the stock market before prices begin to increase once more. Would this be a good time to buy?
@bradleyvanzile1111 Says:
This is not true for everyone!
@AlanDente86 Says:
Logan Paul wants his shaky camera back
@JamesBlue-v4d Says:
He’s going to be wrong in the short run
@karimbennett5651 Says:
Harris’s unrealized gain tax would be only for those with assets if $100 million or more, and who have high liquidity. I am not saying I am in favor of it, but at least give people the correct information.
@kevinl7173 Says:
The main causes of the inflation are Trump's trade war with China and the Ukraine war, everything was pretty normal before these 2 wars, no doubt somebody had opened Pandora's box
@lamblam Says:
Kroger admitted to price gouging. Clear example of this practice is in medicine.
@mydogharlee Says:
Price control by the Government who can’t do anything right. They will do it half ass with high level of incompetence only leading to higher prices and or shortages. This has been tried all over the world and it causes those two things.
@mydogharlee Says:
Paying property tax is unrealized gains, unconditional? They do it anyway.
@thomasrogers9146 Says:
I WAS IN CHINA AND SINGAPORE LAST YEAR.. THE REASON FOR CHINESE SUCCESS IS THE STATE AND PRIVATE SECTOR WORKING TO SOLVE BIG PROBLEMS. MY COMPANY MANUFACTURERS MODULAR HOMES SO I FULLY UNDERSTAND THE HOUSING CRISIS .WE NEED TO MOVE AWAY FROM THIS REAGAN ANTI GOVERNMENT DEMONIZATION AND THIS OBSESSION WITH THE PRIVATE SECTOR WILL SOLVE ALL OF OUR PROBLEMS.. THIS IS AN IDEOLOGICAL FUNDAMENTALISM THAT IS HOLDING OUR NATION FROM DEVELOPING..THE PRIVATE SECTOR FOR PROFIT HEALTHCARE SYSTEM FAILED UNDER THE WEIGHT OF THE COVID EPEDAMIC..WE ARE WATCHING BOEING SELF DESTRUCT, FORD ,GM CAN NOT MANUFACTURER AFFORDABLE EV,S DESPITE MASSIVE SUBSEDIES..THE STATE HAS A ROLE TO PLAY IN SOLVING BIG PROBLEMS..THE SPACE PROGRAM WAS ACHIEVED BECAUSE OF STATE AND PRIVATE SECTOR WORKING TOGETHER..WE BUILT THE GREATEST AND MOST PROSPEROUS MIDDLE CLASS DUE TO GOVERNMENT POLICY AND IMPLEMENTATION OF THOSE POLICIES.. THE REASON WHY OUR NATION IS IN DECLINE AND FAILING INFRASTRUCTURE, UNAFFORDABLE HOUSING, HEALTHCARE, EDUCATION IS BECAUSE WE HAVE HAVE PRIVATIZED EVERY SECTOR OF OUR ECONOMY AND NO ONE GIVE A DARN ABOUT THE COMMON GOOD FOR ALL AMERICANS..YOU CAN COMMODIFY EVERY ASPECT OF A NATION AND EXPECT ECONOMIC SECURITY FOR ALL..SOME INVESTMENTS SHOULD NOT BE FOR PROFIT..WALL STREETS IS NOT GOING TO SAVE US OR SOLVE ANY MAJOR CRISIS LIKE AFFORDABLE HOUSING..THE STATE HAS A ROLE TO PLAY IN A CIVILIZED NATION.MARKET FUNDAMENTALISM NEEDS TO GO AND WE NEED SOME PRAGMATISM IN AMERICA. WE ARE OBSESSED WITH USELESS IDEOLOGY AND NO OBSESSION WITH BASIC PRAGMATISM AND OUTCOME.THE MARKET MY ASS
@Jimmy-mx4cc Says:
In Australia ..my opinion
40+% people on fat fat welfare payments
Another around 30-40% public self servents..fake government Jobs..
Now a pack of cigarettes $69
@GenX_-um2ct Says:
People don’t understand why I try to learn DYI everything! Or know a good friend who can help teach me. Car repairs are 1 of the easiest to start with. Learn to change oil, do your own brakes.
@mustaphakamara362 Says:
What about when the companies collide to fix the price?
Competition is not always there.
@bobzacamano658 Says:
Oh I’m just sooooooooooooo scared!
@gabe5946 Says:
The government doesn’t have any money until they take it from taxpayers, that’s what middle class America doesn’t understand
@gabe5946 Says:
This guy can explain everything
@davidcollier3604 Says:
I'm hoping I can get a tax refund for unrealized losses.
@denise8242 Says:
No taxes! Taxes and fees are stealing the people's wealth slowly.
@nicholasm2254 Says:
Cannot afford anything because we operate with a privately controlled central bank. We need to take back our money as so many of our founding fathers pointed out again and again. IT IS THE CENTRAL BANKS WHO MUST BE REMOVED FROM POWER.
@LK123-m3d Says:
What an idiot. If the government doesn't regulate it's not just businesses doing what they want, another "government" enters, the mob, the syndicate, they will control your business. So one sided and dumb. Regulation comes from humans trying to control what's best for their interests and business. Remove government enter mobs. Never ends.
@Parkinson63 Says:
Of course supermarkets can price gouge if they collude to inflate prices or accept manufacturers reducing pack sizes to raise their margins. This is even easier when there are only one or two supermarkets within reasonable reach.
I love the obsession of some Americans with minimalist taxation and purist free market tub thumping, while bridges, airports and other important infrastructure owned in common falls apart and embarrasses the country
@pissoneoff Says:
$25k new home buyers is a coupon to debt. Usa has loan ownership not home ownership. Debt run socialism.
@rignips Says:
Peter is the frikin guy. I wish politicians understood economics at just a 1/4 the level he does
@AliveDeejay Says:
Please look into the controversy of Betterhelp, they're basically a scam service. Thanks for your content though :)
@willmonson7730 Says:
How about raising wages?
@ArmoredAnubis Says:
Why are we still talking about these policies they're not going to win???
@Comut-d4m Says:
We had no tax on capital gains and we we did just fine. People didn't scream tax the rich. Our government basically ran amock on a spending spree with our tax money.😮
@XPkoolXD Says:
why does the camera keep focusing on this blank stare NPC while shaking like it's a warzone? Your face is annoying.
@norm2264 Says:
If Harris gets in she's not given nothing what's not today give it's all a bunch of talk trying to buy buy votes that's all it is
@zcallis1 Says:
The massive inflation that began in 2021 and turned out to be permanent inflation due to massive government spending and money printing
@erikrichter3807 Says:
Aldi and Lidl will also lower prices in many supermarkets..
@maryolson8519 Says:
This is common sense but Common sense is no longer Common.
@dapsolita Says:
This poor guy is really stuck in a time warp😢
@thomasdeeter3679 Says:
I don’t trust millionaires or billionaires tell us how things that could help middle class as the worst thing. They just don’t want to pay taxes. Economists have overwhelmingly stated these policies will help. Who has a reason to twist the truth? Economist or the 1%? They always love to say unconstitutional. They are the liars they are why we have inflation they made more money than ever during the pandemic. No price gouging? I call bullshit. He says we have choice? You wont shop at the expensive grocery store you’ll go to lessexpensive store. Yeah right! First they ate all over priced second who has time to drive all over town looking for deals? This guy hasn’t bought his groceries in decades. Total BS. He spends the whole time talking about the constitution then ends with people shouldn’t have the right to pick a president.
@ncscooterz Says:
Real estate needs to be banned from corporations AND non American citizens!
@igoodkid334 Says:
This guy is so wrong, or he’s lying on purpose! House prices are high already, no one can afford the highest Sales Prices in Real Estate History! so the government should subsidize people to buy homes (as they subsidize the richest corporations like oil companies, pharmaceuticals and banks giving THEM billions of $$!!) this guy is against helping people. Another untrue statement he said “there is no price touching”. Yes there is! Food acquisition costs have remained the same and even been lower because few food corps own 80% of the distribution, cheating farmers, paying them LESS money, yet raising prices in stores. There is evidence from audits and ex employees hidden recordings, emails where corporations have “agreed” to a set price for a each item. Give me a f…ng break, how can this guy Not know that?
@dianepg1653 Says:
Tom, I hope you read this. One question I want the answer to, is why the food ( produce) in the U.S. costs 5x what it costs in other countries. I’m in Greece right now and I’m shocked at the difference. And no, we do not have a choice in the U.S. where to shop. If we do not want to eat total crap we have to find organic for a ridiculous amount of money. The US is a large country with every climate. There is no reason why we cannot have great, inexpensive food. If other countries can do this why can’t we?
@ArthouseMoments Says:
Whole Foods?
@hankandrex89 Says:
Medical debt forgiveness is just an empty promise to buy votes. Replace the word "medical" with "student loan".. its the exact same scenario that the executive branch has no authority over. Anyone who believe this is just desperate and they are preying on your desperation.
@lasanjata Says:
My wife used to work for Verizon and i was surprised to learn that the accounts she used to work with were of the housing market the amount of property owed by these corporations is astronomical
@cliftonodom3059 Says:
The plan is not just give people $25,000 to buy a house but also build more houses.
@jimtorode9330 Says:
Folks who struggle to BUY a home often down realize the cost of OWNING and MAINTAINING a home...and you never hear about a mortgage lender or real estate agent who cares about educating consumers on the true total cost of home ownership. Without enough cash cushion to handle the inevitable repairs (HVAC, plumbing, electrical, roof, landscape, etc.) necessary to maintain a home, it can spiral from the American Dream into a financial nightmare for folks living from paycheck to paycheck.
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