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He reinvented classical economics
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Hot Money

He reinventedclassical economics

He reinvented
classical economics

Full Transcript

00:00:01.000 --> 00:00:04.103
He reinvented classical economics.
Duration
4 seconds
Views
19
Timestamp in Movie
00:58:35
Uploaded
May 25, 2025
Genres
documentary
Production
N/A

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Movie Summary

Former NATO commander Wesley Clark and son explore economic forces linking various sectors, revealing interconnections that can lead to collapse and potential solutions to untangle them.
- Quoted Milton Friedman and said that, - Hot Money 00:13
- Quoted Milton Friedman and said that,
And so I asked him, I said, "I mean, are you for real?" - Hot Money 00:08
And so I asked him, I said, "I mean, are you for real?&...
- And so here we are now, 40 years into the age of Reagan - Hot Money 00:08
- And so here we are now, 40 years into the age of Reagan
We won the Cold War during that period. - Hot Money 00:05
We won the Cold War during that period.
Not necessarily because of that, but we won the Cold War. - Hot Money 00:05
Not necessarily because of that, but we won the Cold War.
And America became this supreme power. - Hot Money 00:06
And America became this supreme power.
But for the people of America, it hasn't been so good. - Hot Money 00:04
But for the people of America, it hasn't been so good.
- Real wages went down and people in this country look back - Hot Money 00:07
- Real wages went down and people in this country look back
She watched him every Sunday night on GE Theater. - Hot Money 00:04
She watched him every Sunday night on GE Theater.
At the end, he would say, "At General Electric, - Hot Money 00:17
At the end, he would say, "At General Electric,
In 1950, stock buybacks were illegal. - Hot Money 00:04
In 1950, stock buybacks were illegal.
Now, investment analysts look at that company and say - Hot Money 00:06
Now, investment analysts look at that company and say
I think their stocks gonna continue to grow up - Hot Money 00:09
I think their stocks gonna continue to grow up
I mean, yeah, clearly the world has changed, - Hot Money 00:11
I mean, yeah, clearly the world has changed,
Firms finance their investment out of their profits, - Hot Money 00:06
Firms finance their investment out of their profits,
Now, if you look at the 500 biggest U.S corporations, - Hot Money 00:11
Now, if you look at the 500 biggest U.S corporations,
- [Newsman] The president expressed surprise - Hot Money 00:05
- [Newsman] The president expressed surprise
He's still enduring popularity as much to the economic boom - Hot Money 00:08
He's still enduring popularity as much to the economic ...
- More people are working than ever before in history - Hot Money 00:10
- More people are working than ever before in history
There is no runaway inflation as there has been in the past. - Hot Money 00:05
There is no runaway inflation as there has been in the past.