Age of easy money...Beautiful documentary

[sendral_nakka]

Time to teach kids their times will be hard and money is not everything

[VictoryTDP]

Andari daggara money baaga undi 

[VictoryTDP]

Stocks and raka rakalaina coolie panulu

[Sarvapindy]

money is everything 

[quickgun_murugun]

8 minutes ago, Sarvapindy said:

money is everything 

Very true 

[FrustratedVuncle]

1 hour ago, sendral_nakka said:

Time to teach kids their times will be hard and money is not everything

2hrs video choodamante how ya. summary esi punyam kattuko 

[k2s]

2 hours ago, sendral_nakka said:

Time to teach kids their times will be hard and money is not everything

The video is a documentary by FRONTLINE titled "The Virus: What Went Wrong?" It explores the early days of the COVID-19 pandemic in the United States and the actions taken by the government, public health officials, and the medical community. The documentary examines how the lack of preparedness, inadequate testing, and conflicting messaging from leadership contributed to the spread of the virus. It also highlights the struggles of essential workers, the impact on marginalized communities, and the race to develop a vaccine. The documentary ends with a call for a comprehensive national plan to address future pandemics.

Chapter 1 - Age of Easy Money A Frontline Investigation
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Silicon Valley Bank has collapsed and federal regulators have taken control, raising concerns about the broader economy and any sort of contagion effect.
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The collapse is impacting tech startups and leaving customers in limbo.
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The Federal Reserve is under pressure to curb inflation and has been raising interest rates at the fastest pace in decades.
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The Feds easy money policies trace back to pivotal decisions made in 2008 during the financial crisis.
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The Fed began dropping interest rates to almost zero and eventually implemented quantitative easing to stimulate the economy.
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The Feds actions have far-reaching consequences and have created an age of easy money.
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The Fed is now trying to restore stability by raising interest rates, but this could lead to pain for American families and businesses.
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The future of the economy is uncertain, and there are fears of a recession.
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Frontline correspondent James Jacoby investigates the Feds actions and their impact on the economy, speaking to current and former Fed officials, finance titans, and those who have been hit the hardest by the Feds policies.
Chapter 2 - itative Easing and its Effects on the Economy
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Quantitative easing (QE) was championed by Ben Bernanke, then the Fed chairman.
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The Federal Reserve is committed to using all available tools to stimulate economic activity and improve financial market functioning.
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QE was an experimental way for the Fed to inject money into the financial system and lower long-term interest rates.
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The hope was that the new money would help shore up failing banks and get them lending again.
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The Fed began creating hundreds of billions of dollars to buy things like mortgage-backed securities and government bonds from banks and financial institutions.
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The banks were taking the money and investing it themselves instead of lending it out.
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The inflation rate was well below the Feds target of two percent, signaling weak demand.
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Unemployment had shot up, and foreclosures were continuing across the country.
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The resentment helped give rise to the Tea Party, fueled by the belief that government spending and bailouts had been out of control and ordinary people werent seeing any benefits.
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As Republicans swept the 2010 midterm elections, aided by the Tea Partys growing influence, the prospects for Congress and the White House working together to pass another stimulus bill were growing dim.
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The Fed was the only game in town, carrying the load all by themselves.
Chapter 3 - Role in the Economy A Summary
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In 2010, the Fed took a dramatic step by implementing another round of quantitative easing (QE) to boost the economy.
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The Feds role in the economy has shifted from managing the currency to being the primary engine of economic growth in America.
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The countrys democratic institutions are becoming less capable, leading to an overreliance on the Fed to run things.
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QE effectively lowered long-term interest rates making riskier investments like stocks more attractive and safer investments like bonds less attractive.
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The Feds easy money policies stoked the stock market, exacerbating economic inequality.
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The Feds policies have faced criticism for their ill effects, including encouraging speculation and risk-taking.
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The Feds actions have caused extreme volatility in the markets, leading to concerns about instability.
Chapter 4 - s Focus on Jobs and the Widening Wealth Gap
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The Feds mandate is to increase employment use tools to achieve this goal.
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Thes mission is to put Americans back to work and help boost their wages, especially for the lowest-income Americans.
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Critics argue that the Feds focus on jobs is missing the full picture of the widening wealth gap.
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The majority of Americans were economically anxious despite the record low unemployment rate.
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The Feds models for judging the success of their programs were flawed as they only looked at averages and not individual situations.
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The Trump administration promised to take advantage of low interest rates and create jobs by investing in new infrastructure, but political paralysis made it impossible- The Fed began reversing quantitative easing and raising interest rates, causing market tantrums and criticism from the president.
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Powell changed course and cut short-term interest rates after raising them in December.
Chapter 5 - the debt-fueled investments if interest rates rose?
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The Feds policies had led to a decade of easy money, with low interest rates incentivizing companies to take on more debt and engage in stock buybacks rather than investing in their workforce and infrastructure. Private equity firms had been buying up large portions of the economy with borrowed money, concentrating wealth and ownership. Silicon Valley had seen excesses and certain tech companies were disrupting and dominating entire industries without turning a profit. Thes low interest rates had also been incentivizing public companies to take on more and more debt, leading to concerns about how the Fed was fueling troubling trends. The Feds policies had been seen as a capitulation to financial markets, leading to criticism that the Fed had bowed to pressure from the White House or Wall Street, sacrificing the central banks precious independence.
Chapter 6 - The Rise of Shadow Banking and the COVID-19 Crisis
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Shadow banking, a largely unregulated sector of the financial world, had become a key player in all the borrowing going on.
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The risk had migrated to non-banks, which are not supervised and regulated as well as banks, and had become systemically important.
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Shadow banking was extremely fragile and posed a potential source of instability in the entire economic system.
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By the end of 2019, little action had been taken by the Fed, financial regulators, or Congress to rein in the shadow banks and other growing risks.
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The COVID-19 pandemic hit, exposing all the weaknesses of the system that had built up over the years of easy money.
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The corporate debt market froze up, and companies were unable to pay their bills, putting the wider financial system at risk.
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The Trump administration and Congress passed the largest economic stimulus ever, the $2.2 trillion CARES Act, aimed directly at individuals and small businesses as well as Wall Street.
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The Fed announced a new range of loan programs worth trillions and began buying up corporate debt, going into overdrive with easy money.
Chapter 7 - The Feds Response to the Financial Crisis A Summary
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The Federal Reserve used its powers forcefully, proactively and aggressively to prevent a financial crisis in March 2020- The Feds actions included rescuing risky parts of the financial system, such as the junk bond market.
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Critics argue that the Feds actions reward risky behavior and create moral hazard.
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The Feds safety net led to a troubling disparity between the thriving stock market and struggling Americans.
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The Feds actions also fueled a dangerous bubble in the housing, stock, and bond markets.
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The rise in the markets attracted millions of new small investors who may not fully understand the Feds actions or the risks involved.
Chapter 8 - The Fed, Crypto, and Inflation A Summary
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The rise of meme stocks and cryptocurrency led to a surge in speculative investing.
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The Feds policies of flooding the markets with liquidity and stimulus money contributed to this trend.
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Critics like Larry Summers warned that this could lead to inflation, which ultimately came true.
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The Fed initially called this inflation transitory, but some experts disagreed and warned that it could be more long-term.
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CEOs and businesses also expressed concerns about the inflation being beyond the pandemic and not just a temporary blip.
Chapter 9 - Impact of Inflation on the US Economy and its People
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Inflation was expected to be transitory, but it continued to climb at the fastest pace in decades, hitting the poor and middle class the hardest.
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The Biden administrations $1.9 trillion rescue plan was aimed at getting ahead of the pandemic, helping bridge for families and businesses, and ensuring against the downside risks to the economy.
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The inflation challenge that the US economy faces is not unique; it is a global challenge, and inflation is higher in Europe and the UK today than it is in the United States.
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The Feds easy money policies were meant to help the poor and middle class the most, but they ended up being hit the hardest by inflation.
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The food availability is going down, and people are struggling to make ends meet, keep their utilities on, and stay in their homes.
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The Fed raised interest rates and paused quantitative easing in response to rising inflation, but it is unclear how far they will go.
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Other events, like the war in Ukraine and lockdowns in China, also impacted the US economy.
Chapter 10 - The Feds Efforts to Combat Inflation A Summary
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The Fed has been raising interest rates to combat inflation, which has caused concern among workers and labor unions.
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The Fed argues that raising interest rates will slow down demand for housing and prevent home prices and rents from continuing to climb, which should benefit workers.
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However, some factors driving inflation, such as gas prices, are out of the Feds control.
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The Fed acknowledges that its tools are not necessarily going to impact things like gas and food prices, which are what most working people are worried about.
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The Feds goal is to make businesses not want to hire people or to get businesses to lay people off to combat inflation.
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The Fed estimates that the unemployment rate could rise to four-and-a-half percent, which could cause millions of people to lose their jobs.
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The Fed is not trying to engineer a recession if one were to happen, it believes it could have a very fast recovery.
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The Feds efforts to combat inflation have caused losses in both risky assets and risk-free assets, which has impacted retirement plans and pension systems.
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The housing market has been pushed into a recession, and housing prices have started to come down for the first time in a long time.
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The crypto market has also been impacted by the Feds efforts to combat inflation.
Chapter 11 - Coming Debt Crisis Experts Weigh In
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Bubbles tend to be everything bubbles these days, because if the source of it is cheap money, then its not just real estate, stocks, tech, telecom, or Bitcoin.
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The markets were down 20% last year, and we may not be at the bottom due to the age of easy money.
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Economist Nouriel Roubini predicts a debt crisis due to excessive leverage, borrowing, and risk-taking.
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Jim Millstein believes a debt crisis is unavoidable and that American households and corporations are highly leveraged.
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The Fed is raising interest rates to control inflation, but it may cause disruption in the financial markets.
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The Fed has come to the rescue of the financial markets several times, but its unclear what they will do next.
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The economy needs to get back into balance, and it will be painful.
Chapter 12 - of Easy Money A Lesson for the Future
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The era of easy money may be seen as a golden also a mistake
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We lost sight of sustainable and inclusive economic growth
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Easy money went too far created artificial growth
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Genuine, durable, inclusive growth is needed
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The Fed cannot invest in infrastructure, reform the tax system, or help with labor retraining
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This is a political problem
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Frontlines Age of Easy Money is available on Amazon Prime Video.
 

[ramudu]

2 hours ago, VictoryTDP said:

Andari daggara money baaga undi 

if everyone has money , money loss its value and eventually very few people will have money , that is cycle