Valuetainment - The Dirty Secret About Experts Revealed

00:00:00.160 Experts don't know shit. 0.99

00:00:01.160 And by the way, before you get offended and say, Pat, I don't like what you have to say 0.99

00:00:03.760 about this, listen, if I don't make sense, don't like the video.

00:00:07.720 Comment negatively underneath.

00:00:08.840 But if I do make sense, give it a thumbs up and subscribe to the channel.

00:00:11.960 So watch this.

00:00:12.960 Just a couple years ago, I made a video and I said, look, I think gas prices are going

00:00:16.360 to go to $10.

00:00:17.360 Oh my God, you're just using these fear tactics.

00:00:20.360 This is not the truth.

00:00:21.840 You don't know what you're talking about, experts, with the fancy degrees, said gas

00:00:26.760 prices are never going to go to numbers like that.

00:00:28.720 We have it under control.

00:00:30.840 It just hit all time record high in the history of U.S.

00:00:36.480 Today, news was just released, gas is an all time high in U.S.

00:00:41.780 We've never had this before.

00:00:42.780 Why?

00:00:43.780 It's not going to go higher.

00:00:44.780 Really?

00:00:45.780 What do you think?

00:00:46.780 You think experts are right in that?

00:00:47.780 Would gas prices not going any higher?

00:00:48.780 And then they said, inflation.

00:00:49.780 Yeah, it's not going to go that high.

00:00:51.780 Maybe it's going to get to 6%, but that's it, because we got it under control.

00:00:55.160 My name is Janet Yellen.

00:00:56.840 I know what I'm talking about.

00:00:58.280 My name is?

00:00:59.280 I'm the expert.

00:01:00.280 I got the fancy degree.

00:01:02.200 Inflation just hit 8.3%.

00:01:04.460 And by the way, folks, it ain't going to slow down.

00:01:07.340 People think this is it.

00:01:09.040 Don't be fooled.

00:01:10.720 It's still going up.

00:01:12.040 Then people said, oh, but interest rates, he's just going to raise it once or twice or

00:01:15.620 three times, but it's not going to get that ugly.

00:01:17.900 It's not going to get that ugly.

00:01:19.400 Six months ago, interest rates by at 3%.

00:01:21.040 Everybody was refinancing.

00:01:22.040 Oh, 3% refinancing.

00:01:24.040 It's great.

00:01:25.040 It's 5.3% today.

00:01:27.220 And by the way, just in 2000, which is 22 years ago, do you know what interest rates were in

00:01:33.100 America?

00:01:34.100 It's 5.3%.

00:01:35.100 Oh, it'll never go to 8.3%.

00:01:37.100 Why not?

00:01:38.100 Why will not go to 8.3%?

00:01:40.560 Tell me the last time we printed as much money as we have printed, where value of dollar goes

00:01:46.100 down, where we have to figure out a way what we're going to do with all this fake money that

00:01:49.480 we got out there giving to everybody.

00:01:51.100 Yes.

00:01:52.100 Guess what?

00:01:53.100 Inflation is going to go up, interest rates are going to go up, gas prices are going to

00:01:56.520 go up, and don't think it's only at 5.3%.

00:01:59.100 Do not be surprised if interest rates crack 8% to 12% within the next 12 to 24 months with

00:02:06.020 the direction that we're going.

00:02:07.020 By the way, they asked the press secretary, expert, hey, what are we going to do with all

00:02:12.600 these parents who have infants?

00:02:14.380 There is no baby formula.

00:02:15.920 Everywhere you're going, there is no baby formula.

00:02:18.260 We just had a kid.

00:02:19.260 What do we tell these parents?

00:02:20.260 I recommend them to go talk to their doctor.

00:02:24.160 The doctor cannot prescribe food.

00:02:26.800 The doctor cannot prescribe baby formula.

00:02:29.260 Yeah, but let them go talk to it. 0.80

00:02:31.080 You're the expert.

00:02:32.080 Yeah, yeah, but you've got to go talk to the doctor because the doctor, when was the last

00:02:36.800 time we went to the doctor and the doctor prescribed your kid food?

00:02:38.760 When was the last time we did that?

00:02:39.760 Here's the point.

00:02:40.760 Listen, you know who the expert is.

00:02:42.260 Let me explain to you who the expert is.

00:02:43.760 Today, Elizabeth Warren, oh my God, she's losing her mind. 0.62

00:02:47.860 Oh my God.

00:02:48.860 When are we going to cancel the student debt?

00:02:50.860 I can't believe what's going on with Roe Vivo.

00:02:52.760 I can't believe all this stuff.

00:02:53.760 Right?

00:02:54.760 Okay.

00:02:55.760 The experts want us to cancel debt.

00:02:57.860 Hey experts, why don't you tell us why since 1980, the CPI consumer price index inflation

00:03:07.760 is up around 220% while colleges and universities are up 1180 plus percent.

00:03:15.160 Explain to me how they have a thousand percent more than inflation.

00:03:20.560 Has college education improved by a thousand percent?

00:03:23.660 I'm sorry.

00:03:24.660 Just 20 something years ago, the average salary or in 1980, the average salary you and I were

00:03:29.760 getting was 20 some thousand dollars.

00:03:31.760 Today's 40 some thousand dollars.

00:03:33.660 So if my salary has barely doubled, maybe it's doubled by a hundred and some percent,

00:03:38.260 but you know, college education has gone up 1200% has education improved by that much.

00:03:43.760 Come on experts.

00:03:44.760 Elizabeth Warren, why don't you tell us since you're the smart one, you go to school and

00:03:48.160 you're a professor and you got a degree and us, the amateurs who are not the experts who

00:03:52.760 are paying the price.

00:03:53.960 We have kids.

00:03:54.960 We're sending our kids to school and all this cost is 30, 40, 50, 60, $74,000 at Harvard

00:04:00.960 while they're in COVID.

00:04:01.960 Harvard said, no, even though you're doing it through Zoom, we're going to keep the tuition

00:04:05.760 the same price because when you can brag about a Harvard degree while they're sitting on

00:04:09.360 enough endowment that they don't need to take a single tuition for a student for the

00:04:13.000 next hundred years and they can afford it.

00:04:14.660 Oh, but let's cancel the student that, oh yeah, yeah.

00:04:16.760 Experts.

00:04:18.760 Great job right there. 0.94

00:04:19.760 No.

00:04:20.760 How about before we cancel the student debt, how about we first go renegotiate for colleges

00:04:25.080 to lower cost of tuition?

00:04:28.040 Come on experts.

00:04:29.040 You're the expert.

00:04:30.040 I'm just an amateur talking here on a YouTube channel.

00:04:32.160 I'm a regular guy.

00:04:33.360 I want to hear from you experts.

00:04:35.360 Here's the point.

00:04:36.520 Stop letting these so-called experts confuse you.

00:04:39.380 How do you feel when you go pay the price on gas prices?

00:04:41.820 Do you think twice about visiting grandma or somebody else that you're driving two hours

00:04:45.480 away because it's going to cost you twice as much as before?

00:04:47.480 You're the expert.

00:04:48.480 You're feeling the pain, okay?

00:04:50.480 Hey, parent of an infant, if you're feeling the pain and they're claiming they're the experts,

00:04:56.480 maybe you know.

00:04:57.480 How about you who bought a house and you just bought the house six months ago and you paid

00:05:02.480 $50,000 for that house and the next 12 to 24 months, that house is going to probably be

00:05:07.480 worth $550,000.

00:05:08.480 You're feeling the pride.

00:05:09.480 You're feeling the pain.

00:05:10.480 You're going through it.

00:05:11.480 You're the expert.

00:05:12.480 Moral of the story, the next two years are going to be very ugly.

00:05:18.480 I'm telling you right now.

00:05:19.480 And by the way, I've been kind of saying that this time is coming for a long time and everybody

00:05:22.760 was like, Pat's just trying to get views.

00:05:25.480 Pat's just trying to get views with market crash when he talks market crash.

00:05:29.480 I've done two market crash videos, okay?

00:05:32.120 One of them was how to prepare when it comes and it's coming.

00:05:35.680 Whether you were prepared for it or not, it's coming.

00:05:37.800 I hope you've been prepared for it.

00:05:39.920 Because if you are, these are good times for those who are prepared for it.

00:05:43.900 But all these things we talked about, they're all probably going to be happening.

00:05:47.580 Rates are going to continue to go up.

00:05:49.240 Gas prices are going to continue to go up.

00:05:51.560 Inflation is going to continue to go up.

00:05:53.240 And these jobs that some people that were going job hopping, hey, go ask your boss if they

00:05:57.880 don't give you $20,000 rates, go to another company.

00:06:00.520 Do it.

00:06:01.520 Believe me, the strategy works.

00:06:02.520 Tell them you got a job offer from a headhunter.

00:06:04.080 Hey, I'd like to talk to you.

00:06:05.800 What's that?

00:06:06.800 I know you guys pay me $65,000.

00:06:07.800 I just got an offer for $85,000 plus a $10,000 bonus.

00:06:11.160 But if you match it, I'll stay here.

00:06:12.520 Oh my gosh.

00:06:13.520 Oh my god.

00:06:14.520 What do we do?

00:06:15.520 What do we do?

00:06:16.520 I guess we have to match it.

00:06:17.520 That's the market right now.

00:06:18.520 Okay, let's match it.

00:06:19.520 Yeah, awesome.

00:06:20.520 Thank you so much for matching it.

00:06:21.920 Go to the other boss and say, hey, they match it and they give me a bonus.

00:06:25.520 What if we give you $105,000 with a $15,000 bonus?

00:06:28.760 I'll take it.

00:06:30.360 So they used you to get that job and then they go to that company and then they realize

00:06:36.100 that the market value for their true skills is not 110.

00:06:39.600 It's really 65 to 70.

00:06:42.400 And today, Carvana just announced they're firing 10% of their workforce.

00:06:47.400 I don't know how many people, 4,000.

00:06:48.800 They're firing a lot of people.

00:06:50.700 You're going to see that in Silicon Valley, all the major companies say, there's a freeze.

00:06:54.000 We're not hiring anymore.

00:06:55.000 You're about to hear banks letting go of 10%, 20%, 30% of their employees.

00:06:58.480 You're going to hear companies make these announcements.

00:07:00.540 And the market's going to say, you're not worth 105.

00:07:04.800 People were just scared of losing you.

00:07:06.440 And you bullied them and you got what you wanted.

00:07:08.300 But guess what?

00:07:09.300 Now your resume is going to say you've had three jobs in the last 12 months.

00:07:12.460 You're kind of like a $65,000 person.

00:07:14.760 Go get that job and become the best you can and then increase your market value and eventually

00:07:18.240 someone's going to pay you 110.

00:07:19.920 But people are not naive.

00:07:21.520 Here's the moral of the story.

00:07:23.420 Everybody when MSNBC was saying, if somebody gives you the money, go get it.

00:07:26.900 Go get it.

00:07:27.900 Take the job.

00:07:28.900 Oh, really?

00:07:29.900 Even though these guys have been good for me for seven years, go, yes. 1.00

00:07:32.380 Okay, because MSNBC, experts don't know shit. 0.97

00:07:36.860 They've confused America and the world the last two years. 0.99

00:07:41.860 I want you to even question what I'm saying.

00:07:44.860 Sit there and say, Pat, how about you?

00:07:45.860 You don't know what you're talking about.

00:07:46.860 Fine.

00:07:47.860 Go dispute everything I'm saying to you. 0.98

00:07:49.860 But do your own damn due diligence and figure out what's really taking place and don't let 0.98

00:07:55.540 everybody out there that's screaming off the top of their lungs just because they got 0.98

00:07:58.220 a fancy degree convince you, don't worry.

00:08:02.340 Everything's going to be all right.

00:08:03.340 Not the next two years.

00:08:04.340 Probably not the next two to three years.

00:08:06.340 Be prepared.

00:08:07.340 In the military, they say, stay alert, stay alive.

00:08:10.500 Here's what motto I've used since I got out of the military.

00:08:12.980 Stay alert.

00:08:13.980 Stay paranoid.

00:08:14.980 Stay a little suspicious.

00:08:16.700 But at the same time, play offense.

00:08:18.960 Keep getting better.

00:08:20.360 Do your part.

00:08:21.360 Build good relationships.

00:08:23.120 Show the fact that you're reliable and dependable.

00:08:25.460 Keep getting better in your area of expertise as a hard skill, like you know how to do a real

00:08:30.160 hard skill.

00:08:31.520 Get better at that.

00:08:32.640 And the market's going to favor you.

00:08:34.200 I guarantee you that.

00:08:35.580 It always has.

00:08:36.580 Anyways, if you're listening, and maybe you're a little bit upset, but you're saying this

00:08:41.320 kind of does make sense, give it a thumbs up and subscribe.

00:08:43.640 If not, go watch a cat video, man.

00:08:45.480 There's a lot of them out there.

00:08:46.480 Or maybe go watch an MSNBC video.

00:08:48.620 But if not, I have another video I want you to watch on how to prepare for a market crash.

00:08:51.700 If you haven't watched it, click here.

00:08:53.320 Love you.

00:08:54.320 Have a wonderful day.

00:08:55.320 Take care.

Valuetainment - June 20, 2022

The Dirty Secret About Experts Revealed

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