How Money Works

Why Are Americans So Pessimistic?To try everything Brilliant has to offer for free for a full 30 days, visit http://www.brilliant.org/howmoneyworks. You’ll also get 20% off an annual premium subscription.Sign up for our FREE newsletter! - https://www.compoundeddaily.com/Books we recommend - https://howmoneyworkslibrary.com/My Other Channel: @HowHistoryWorks @HowMoneyWorksUncutEdited By: Svibe Multimedia StudioMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty Images📩 Business Inquiries ➡️ sponsors@worksmedia.groupSign up for our newsletter https://compoundeddaily.com 👈All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.#wealth #finance #economyIt’s the end of the year which is a great time for reflection and as someone who covers business, finance and the economy, mainly from America it looks like we have a lot to be grateful for.The USA is the largest economy in the world, and over the last five years it’s just pulled further ahead of its only real rival, China, which has… not been having a great time…Per person that means the only countries in the world with higher outputs are either oil states, tax havens or tax haven oil states.Unemployment is low, inflation is (supposedly) under control, interest rates are coming down and markets are booming…But despite all of this… general consumer confidence is still around all time lows…I am 100% guilty of being a little bit of a gloomy goose as well, this year the closest thing to a good news story I covered, was a celebration that at least we weren't Canada…So if everything is so great… why are Americans always so pessimistic?Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.------------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

Financial Fraud Is At An All Time High - Here is Why That's A Good Thing - How Money WorksThe first 1,000 people to use this link will get a 1 month free trial of Skillshare: https://skl.sh/howmoneyworks04221Sign up for my newsletter https://compoundeddaily.com 👈Financial fraud is at an all-time high!American consumers lost a staggering $5.8 billion dollars to a range of schemes in 2021. This represented a 70% increase over losses in 2020.This is part of a bigger trend which is seeing more people losing money to scams, schemes and hacks at a time where all of us should probably know better.Consumers were just one group hit hard by scams. Corporations and even the government have seen a serious increase in losses caused by fraudulent behaviour.There are a few reasons behind this trend which are worth exploring and understanding because they can give some clues about how these scams work, how they can be avoided and why record high fraud figures might actually be a good thing.#HowMoneyWorks #ScamsLink To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSRMusic by Epidemic SoundStock footage by Story BlocksFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.------------------------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

WTF Does Private Equity Actually Do?Upgrade the way you learn with Brilliant! To get started for FREE go to http://www.brilliant.org/howmoneyworksSign up for my FREE newsletter! - https://www.compoundeddaily.com/Support me on Patreon - https://www.patreon.com/HowMoneyWorksMy Other Channel: @HowHistoryWorksEdited By: Andrew GonzalesMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact sponsors@worksmedia.groupSign up for my newsletter https://compoundeddaily.com 👈All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.----- Private equity has minted more global billionaires than Oil and Technology.It’s a four point seven TRILLION-dollar [$4,700,000,000,000] global business that according to some outlets has crushed your ability to buy a house and your chance to relive your childhood at Toys R Us. Private equity is simultaneously the ultimate career goal of every insufferable business bro AND the cause of all the world’s problems…But what do these people actually do?Private equity is nothing more than any investment company that invests into assets that are not listed on public markets. The variety of private equity companies is enormous.Some private equity firms will invest in very early-stage startups and give them money to grow their business and acquire new customers, these firms tend to go by name venture capital, but that’s still a type of private equity. Other private equity companies focus on buying alternative assets like airports, toll roads, intellectual property rights and carbon credits.These firms offer liquidity to asset holders that would find it almost impossible to sell what they own without their services; you can’t put your North Dakota drilling rights on Facebook Marketplace and expect to find a buyer. If something is worth money, there WILL be a private equity firm that will try and make a deal out of it. There are even private equity firms that are called a fund of funds, which you guessed it, raises money to invest into OTHER private equity funds, BUT when you hear politicians, journalists and angry people online talking about “private equity”, they are normally talking about the buyout funds…If you can start and run a successful buyout fund, there is a good chance you will become a billionaire because these firms are fine tuned to make the most amount of money possible from buying entire companies. So, if you wake up one day and decide to start a private equity firm specializing in corporate buyouts here is what you will actually need to do in 3 easy steps. Step number one, before you even think about going out to find your first investor or acquisition opportunity is to get your corporate structure right.So it’s time to learn How Money Works to find out what private equity firms actually do.Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.----------------------------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

The Surprisingly Solid Case For A Three Day Work Week - How Money WorksClick the link to check out Storyblocks and sign up for the Unlimited All-Access Plan: https://storyblocks.com/howmoneyworksSign up for my newsletter https://compoundeddaily.com 👈 ___________________________________________________________________________The fight for fewer working days is a battle as old as worker relations. Just 100 years ago the five-day workweek was unthinkable for American laborers but in 1932 the states officially adopted the five-day work week to combat the unemployment crisis caused by the stock crash and subsequent great depression of 1929.We are currently amid another shakeup to our way of life, one that is on par with the severity of the great depression. So perhaps it’s time again to re-assess how we work, maybe it’s time again to look at the surprisingly solid case for cutting down the days that the average American worker devotes to labor.There is a surprisingly solid case for a working week of just THREE days for most jobs.#HowMoneyWorks #TheGreatResignation #LaborCrisis ___________________________________________________________________________Link to my brand new Patreon 👉 https://www.patreon.com/HowMoneyWorks ❤️ ___________________________________________________________________________Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSRMusic by Epidemic SoundStock footage by StoryblocksFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.------------------------ Learn more about your ad choices. Visit megaphone.fm/adchoices

The "Skills Gap" Myth🔒 Secure your privacy with Surfshark! Enter coupon code MONEY for 4 months EXTRA at → https://surfshark.com/moneyThe Market Exit's Video: https://youtu.be/QoFLHx-t-Yk?si=1PnSEbZi7y0BbKBpSign up for our FREE newsletter! - https://www.compoundeddaily.com/Books we recommend - https://howmoneyworkslibrary.com/My Other Channel: @HowHistoryWorksUncut videos: @HowMoneyWorksUncutEdited By: Svibe Multimedia StudioMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty Images📩 Business Inquiries ➡️ sponsors@worksmedia.groupSign up for our newsletter https://compoundeddaily.com 👈All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.#jobs #business #careerThere are eight point two MILLION job openings in America right now, and around seven million people actively looking for a job…There are also millions of American who have simply given up on even trying to look for a job, but still companies are complaining that they can’t get the people they need…There is one reason that has been used time and time again to explain this all. Yep… the skills gap…There are people looking for work, and jobs on offer… but the skills of those people and the requirements of the jobs just don’t line up…It’s a simple elegant explanation to a major problem… but it’s also almost entirely made up…The skills gap also known as the skills shortage, or just good old structural unemployment is a convenient excuse for a lot of the major issues in todays job market that are often swept under the rug by businesses, politicians, and even economic statistics.If a hospital is hiring a doctor, but the only person in the town looking for a job has a degree in computer science then obviously that role is not going to be filled regardless of how much time and effort the applicant has put into their education.The argument that you would have seen is that this same problem is playing out everywhere across the world which is why even if companies claim to be desperate to hire people, you may struggle to find a job…The whole argument conveniently shifts the blame of any labor market problems onto the workers because they are the ones that haven’t trained the right skills or developed the right experience.So it’s time to learn How Money Works to find out how the myth of the “skills gap” helps everyone… but you.Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.--------------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

Recent stock market declines have sparked discussions on reflexivity in investing and the contrasting performances of tech giants versus smaller firms. The podcast analyzes the waning consumer interest in AI tools and Japan's stagnant economy, linking these to potential triggers for a global market crash. It highlights the risks of foreign investment strategies in the context of currency fluctuations. Navigating current market volatility is emphasized, along with the importance of informed financial decision-making amid uncertainty.

You Will Never Have Your Finances In Order, Here's Why - How Money WorksHead to https://squarespace.com/howmoneyworks to save 10% off your first purchase of a website or domain using code HOWMONEYWORKSSign up for my newsletter https://compoundeddaily.com 👈 ___________________________________________________________________________I want to start this video off on a positive note.You will never be rich!It's not something that people hear enough. Based on the demographics of people who watch my videos most of you are from advanced countries so you will be doing well by global standards but you still won't be richThe one percent is exactly that one percent of the population even if you do everything right even if you save regularly even if you invest wisely even if you binge watch finance channels and even if you were lucky enough to be born in a country with some degree of social mobility you probably have a 1 in 10 chance of making it at bestSo why aren't we taught this more often? Well because people don't like to hear it it's much more fun to binge watch channels or read books that promise that if you do this you will be rich if you learn to manage real estate you will be rich if you turn credit cards you will be rich if you live below your means you will be rich it's easy to see the appeal but how many works is where dreams come to die so to kick off the new year i want to look at a few reasons why you will never be truly wealthy#Retirement #PersonalFinance #HowMoneyWorks___________________________________________________________________________Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSRMusic by Epidemic SoundStock footage by StoryblocksFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.----------------------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

9-5 Jobs Are Great Actually - How Money WorksUpgrade the way you learn with Brilliant! To get started for FREE go to http://www.brilliant.org/howmoneyworksSign up for my newsletter https://compoundeddaily.com 👈 ----- Honestly, sometimes jobs can really suck.Commuting an hour a day to spend eight hours in an office for five days a week all with little to no flexibility, is not most peoples idea of a life well spent, especially since the dream of retirement is going the same ways as the dream of home ownership for young workers. So when an alternative is presented, it’s easy to see why these ideas sell so well.But that’s exactly the point, disliking your job is just part of a sales pitch.#howmoneyworks #career -----Edited By: Andrew GonzalesMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact sponsors@worksmedia.groupAll materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.----------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

dOn'T SeLL YoUr TimE fOr mOnEy!!Sign up for my newsletter https://compoundeddaily.com 👈How many times have you heard some variation of this phrase “don’t sell your time for money”. This is a finance bro way of saying don’t make money exclusively from a source where you get paid X amount of dollars for Y amount of work which is basically every job. There are various reasons given for why selling your time for money is a bad idea like you only have so many hours a day you can work, sotrading your time for money limits your potential income trading your time for money also makes you more financially vulnerable if you are unable to work and its really hard to sell a course on trading your time for money unless you’re a college although maybe they don’t say that last one out loud.The alternative to trading your time for money is usually investing, starting a business, living a wildly alternative lifestyle or some combination of all three of these things.But I am here to tell you that while this very broad phrase might have some merit in specific situations, it’s pretty much complete bullshit and you really shouldn’t take anybody who says it too seriously.At best the phrase “don’t sell your time for money” is just another example of hustle bros needlessly bashing on regular day jobs that provide stable living to a majority of Americans. It also perpetuates the idea that simply working a full-time job is not good enough, and that a side hustle or whole extra business is mandatory to get ahead these days.------- #business #investing #passiveincomeEdited By: Andrew GonzalesMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact sponsors@worksmedia.groupFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.-------------------------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

The Influencer Bubble - How Money WorksSign up for my newsletter https://compoundeddaily.com 👈Just ten years ago the very top Youtubers on the platform were mostly filming out of modest apartments, doing average skits, and living lives pretty similar to you or I.Almost all of them had regular day jobs and posted to the internet because they found it fun, or at the very most because it could earn them a little extra side money.Contrast that with today where some Influencers have the same reach, notoriety and income as top athletes, singers and movie stars.#HowMoneyWorksLink to Modern MBA https://www.youtube.com/c/ModernMBA ___________________________________________________________________________Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSRMusic by Epidemic SoundStock footage by StoryblocksFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.----- Learn more about your ad choices. Visit megaphone.fm/adchoices