Unlimited Stimulus Checks & Unemployment Benefits? Fed Chair's 60 Minutes CBS Interview Highlights



Managing your Money Playlist – Everything You Need to Know

In this training video, Dr. Nitin Chhoda discusses the growing US federal debt, how money is ‘being printed digitally’ (another way of saying it’s being generated ‘at will’ by the Federal reserve), and why the Federal Reserve Chairman is likely to go down in the history books as the greatest financial wizard the world has ever seen. This video isn’t about red versus blue, it’s about what’s needed to restore the greatness of the red, white and blue, and by extension, the rest of the world.

You’ll also learn some ‘fun fact’s in this video. For example:

You will also learn that a trillion dollars is the number ‘1’ followed by 12 zeroes!

That’s…

1,000,000,000,000
dollars

Meet the $30 Trillion Man | Why Federal Reserve Chairman Jerome Powell Will Save America & the World

Dr. Chhoda analyzes THREE key comments from the Federal Reserve’s interview on CBS 60-minutes:

1 – We have the ability to create money digitally and we do that by buying Treasury Bills or bonds or other government guaranteed securities

2 – We have the ability to borrow at low rates

3 – We have the ability to service that debt. And I would say this is the time when we can use that strength to our longer run benefit.

I believe we are seeing history in the making. We are witnessing the actions of the man that will save America.. and by extension, the rest of the world. Although it doesn’t seem like it now, and the US monetary policies have their fair share of naysayers and detractors, I believe chairman Powell will be the man that saves America, and by extension, the rest of the world.

If you enjoy this video, please do your own ‘magic trick’ for me and click the like button. Also please subscribe and enable notifications to get valuable content from our channel, designed to get you to the next level of financial freedom.

✅ ✅ ✅ Related Videos ✅ ✅ ✅

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All Comments

  • I support u sir and Jerome Powell, keep the videos coming they are fascinating to us old timers, hehe tc always

    wrangler1957 June 5, 2020 4:33 pm Reply
  • THANKS…BOY, YOU ARE GOOD…I FULLY AGREE WITH YOUR ASSESSMENT ….LET ME ADD, AMERICA ( USA ) WILL NEVER FAIL.PERIOD….
    THERE WILL BE UPS & DOWNS IN USA, BUT, SOME HOW, USA WILL COME UP , MORE PROSPEROUS & FINANCIALLY ON TOP, BY """ THE GRACE OF GOD.""" PERIOD.
    P.S :- THE WHOLE WORLD ( EVERY COUNTRY IN THE WORLD) IS PRINTING THEIR MONEY, TO PAY THEIR RESPECTIVE COUNTRIES BILL…THEY WILL HAVE, A MAJOR INFLATION, ON THEIR HANDS???
    ONCE THE KING OF IRAN ( SHAH OF IRAN SAID.,), USA IS ONE SIDE , AND THE WHOLE WORLD IS ON THE OTHER SIDE….MEANING :'
    USA ( ALONE ) IS EQUAL TO THE REST OF THE WORLD….WAHEGURUJI

    manjit bhasin June 5, 2020 4:33 pm Reply
  • I don't support money printing it steals the wealthy from the people and it's a crimal act.. Don't bail out the country but let it recover on it's own… We want to preserved our wealth and our children's wealth also.. look at this:

    On January 8, 1835, President Andrew Jackson achieves his goal of entirely paying off the United States’ national debt. It was the only time in U.S. history that the national debt stood at zero, and it precipitated one of the worst financial crises in American history.

    detner152 June 5, 2020 4:33 pm Reply
  • You cannot defy gravity. What sort of business can buy a can of soda for $1 and sell it at $0.75 cents. This is delusional because in the end you still have to pay off the new money that you just created. All new money that's being created into the system, after all, exist in form of Treasury bill/bonds, which are fresh debts one again. No magic here. Just another kick on the can into hyperinflation. This totally crazy.

    Robert George June 5, 2020 4:33 pm Reply
  • We support you Mr Powell we will get thou this together. God bless you

    Bettiesue Zelechowski June 5, 2020 4:33 pm Reply
  • It’s going to get worst , the destruction on the city’s because people need food ,rent money , and if something isn’t done soon people will start looting,robbing cause this president don’t give a rat ass about Americans

    becca provincio June 5, 2020 4:33 pm Reply
  • This fake paper money is a joke! It's not even backed by anything. We need a new currency backed by gold. When money can just be printed out at any given time…well that right there is your proof that it's fake money!!!

    Robin Hood June 5, 2020 4:33 pm Reply
  • I dont think they will pass another stimlus to the people imo

    Chad Smith June 5, 2020 4:33 pm Reply
  • I clicked my magical LIKE button… Your a good man Dr. Keep up the great work!!;🌞😀🌠 GODSPEED

    Elsa Einstein June 5, 2020 4:33 pm Reply
  • LoL…that kinda paper much better then hoarding toilet paper!

    angelfirelite June 5, 2020 4:33 pm Reply
  • Nitin enough with the rabbit 😂 jk I get the metaphor

    Diana0rtiz92 June 5, 2020 4:33 pm Reply
  • The federal reserve does not have gold but it has the Aladdin lamp that digitally gets money only for their bankers and large corporations

    Charlton Sears June 5, 2020 4:33 pm Reply
  • Looks to me like essentially they are sneaking one past the goalie and ushering in the UniversalBaseIncome but wrapping it in a pretty box.

    MAWS LoVe June 5, 2020 4:33 pm Reply
  • Its not a trick its how lending works all over the world, Ill put it in laments terms, the US has a high credit score globally so its able to create loans and it knows that foreign country's will buy those loans at a certain interest rate because the US will pay it back. Now lets say a country like Peru were to make a 2 trillion dollar loan it wouldn't work as no country would buy them as they are sure to default.

    Alex June 5, 2020 4:33 pm Reply
  • Me me I'm a $30T man!

    Hormel June 5, 2020 4:33 pm Reply
  • There is no rabbit.

    golden86 June 5, 2020 4:33 pm Reply
  • Im investing in AR 15 nato rounds 😁

    Ed Bolam June 5, 2020 4:33 pm Reply
  • Ooooh it's magic hmmmm i think I'll print some of my own magic money🤔☺

    Ed Bolam June 5, 2020 4:33 pm Reply
  • Would u like an ice cold refreshing slurpy wit dat my friend? Tank u come again!!!😂😂😂😂👳🐫🐫🐫🐫

    Ed Bolam June 5, 2020 4:33 pm Reply
  • Trump said… He alone can fix it!!!

    patrick garant June 5, 2020 4:33 pm Reply
  • Self employed taxi drivers in Wa State filed pandemic unemployment benefit almost 3 months ago. We see unfair & unequal treatment , because some drivers got proper payment while others received nothing so far & getting totally frustrated.
    And now we hear the fund is grabbed by Nigerian hackers . I strongly believe this requires all-rounded serious & in depth investigation . The exact truth behind this drama should be revealed to the tax payers . And meanwhile
    Poor taxi drivers need immediate support from The State & Federal Government top officials .
    God Bless America !

    W Z June 5, 2020 4:33 pm Reply
  • President Death is great at economic miracles… it's all about the Art of the Deal. Or Protectionism. Or Stupid Walls. Don't sweat it, there is no plague in space, you can all get jobs in Space Jam. I mean Space Balls. I mean Space Force. Whatever.
    Make America Great Again – Stab a Republican. Dump Trump 2020

    50caliberFistFK June 5, 2020 4:33 pm Reply
  • Love it I go to grocery with my bag 💼 but it only has blank paper marked 00000000

    Dora Cruz June 5, 2020 4:33 pm Reply
  • For anybody looking for an economist with a radically opposing perspective (won ironically has been right on the money for over a decade) you gotta check out

    MAX KEISER

    his interview on London Real (the website freedom platform) is prolly the best all in one summary of the current global economy and socio political state but more importantly with very real solutions to the problems…👍👍👍✌✌✌

    A J June 5, 2020 4:33 pm Reply
  • Dr. You make it so easy, if it was that easy printing money then why we have poverty in the world can't every one in the world do that to eradicate poverty, the fed better watch out because printng money like there's no tomorrow one day will collapse the dollar as the world reserve currency and then the Americans will feel it

    Abdul Musawwir June 5, 2020 4:33 pm Reply
  • To my understanding Central bank ia not a branch of the government. Correct mw if I'm qrong but I'm pretty sure there is only 3 branches of government

    elconejito99 June 5, 2020 4:33 pm Reply
  • Hi .i m green card holder if i m getting unemployment insurance will it affect my citizenship application under public charge

    Abdul Razaq June 5, 2020 4:33 pm Reply
  • America is a Ponzi scheme

    drac464 June 5, 2020 4:33 pm Reply
  • We don't care, let them just fix this Economy either by Stimulus cheques or Heroes Act etc..this country needs to get back to its feet asap, thanks.

    joseph uwalaka June 5, 2020 4:33 pm Reply
  • Why don't you comment on the social security accounts they have in our names, which were created at our births. My account has 2 Billion Dollars in it!!!! COMMENT!!!

    Bryan Blanks June 5, 2020 4:33 pm Reply
  • I can't deal with the fact that people are just now being introduced to the monetary system we use.

    jaschwerdtfeger June 5, 2020 4:33 pm Reply
  • STOP THE FAKE MONEY. GOLD OR SILVER ONLY

    dennis coates June 5, 2020 4:33 pm Reply
  • You must have lost your mind!! Sorry Charlie, but ain't nobody gonna save America! First of all, before you get the chance to take that backpack on the plane with a million dollars, TSA would confiscate it! LOL! The Federal Reserve was created illegally and still operate illegally today. They NEVER should have been authorized to create currency (not money) in the first place. Anything that starts wrong is wrong and, unless it is corrected to make it right, it will end wrong. Every empire that created money from nothing has failed. Jerome Powell is a wizard alright…a real witch, creating his magic, creating the illusion of saving America. You are sounding kind of delusional It is all a mirage. How is the illusion going to become real if it is not real to begin with? When I first started listening to this channel, I thought you did a good job at explaining certain things, but boy oh boy, lately you've been drinking the cyanide-laced Kool-Aid!

    Ruth Ferguson June 5, 2020 4:33 pm Reply
  • Jajaja you are so naive….

    interesting l June 5, 2020 4:33 pm Reply
  • What about the stimulus?

    Karen Hasenpflug June 5, 2020 4:33 pm Reply
  • I support you Chairman Powell in your efforts to help the American People!!! God bless you sir!!!

    Yolanda F. Garcia June 5, 2020 4:33 pm Reply
  • Great video (I respect the way you explained and broke things down – Very clearly (I just joined your channel fam)). I look forward to more useful videos – Thank you, peace.

    Poetic Nation June 5, 2020 4:33 pm Reply
  • I just wanted to post that the Federal Reserve Bank is not a government organization. It is privately owned by bankers. Research shows that. The Federal Reserve Bank is not a government organization.

    William Whiteley June 5, 2020 4:33 pm Reply

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