What is money and who rules the world? | Yanis Varoufakis | Escaped Sapiens #46
On this episode of the podcast I speak with Yanis Varoufakis about the role of banks and politicians. Yanis is an economist, politician, author and Secretary-General of MeRA25. He is perhaps best known for his role as the Greek Minister of Finance during the Greek credit crisis. In our discussion we cover some fairly big questions: Who really foots the bill when banks are bailed out? Who are the winners and losers during inflation? Are those that control the means of production still the dominant class? Why isn't the EU home to big tech giants like facebook and amazon? What powers do politicians really have? What might a non-exploitative and sustainable social economy look like in practice and is there a peaceful way to get there?
►For more information about Yanis:
www.yanisvaroufakis.eu/
►Follow Yanis on Twitter:
@yanisvaroufakis
These conversations are supported by the Andrea von Braun foundation (www.avbstiftung.de/), as an exploration of the rich, exciting, connected, scientifically literate, and (most importantly) sustainable future of humanity. The views expressed in these episodes are my own and those of my guests.
Thumbnail image by: Socrates Baltagiannis. Check out his work here:
www.socratesbaltagiannis.com/
Menu:
0:00 - Introduction
0:55 - Best swimming in Greece.
3:41 - What is money?
9:50 - Why do economies crash?
19:10 - Winners and losers of bank bailouts.
25:40 - Alternatives to saving the bankers.
33:30 - Where are the European Tech Giants?
37:40 - The European Catastrophe.
41:50 - What is the EU lacking?
43:55 - Forced Federation.
52:00 - Who holds power today?
56:30 - Buying shares and using amazon.
59:50 - What makes you happy?
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Yanis Varoufakis is a fountain of knowledge and wisdom. It's wonderful how he frames everything in terms of incentives and human psychology. It makes his thinking very clear and consistent. I'm tired of most modern economists who pretend that incentives and human psychology don't matter and who talk about everything in terms of cherry-picked models, manipulated formulas and statistics. Too many economists today are all smoke and mirrors; they never even try to explain why things are the way they are.
Άντε Γιάννη πήγαινε!!! Είσαι τόσο απίστευτα έξυπνος!
what who says phchology dont matter? name one economist?
I always loved listening to Varoufakis debates, he had the balls to try and stand up to the IMF
What a breath of fresh air. History, Economy, Philosophy... Hope.
Would be fantastic if it wasn't only air but some basic knowledge too. Hot air isn't that scarce actually.
BS...unfortunatelly you're not Greek and you don't live in Greece. If you were, you would know what an idiot is Varoufakis. The worst Finance Minister we ever had. Just theory and nothing more. Six months were enough to prove his incompetence.
Who rule the world Polish men says BIS-IMF-FED triangle currencies monopoly. Their goal is CBDC programable token of nothingness follows by Neurolink microchip brain implant AI humanoid SLAVERY death holocaust. There is nothing in betwen those parasites goal is rule entire world and cut population. So all shit talk about demografii is BS , they sent to Europy usless ,unskillled forced bustards. In Poland we need those go get visa and it is limited not for sale all those corrupted goverment could done so Shortly. So the Global Goverment want distroy our values mix us make us losse identity and give up. They don't care about demografii becasue they kill you all this argument is down invalid crap.
If you view the world through a Marxist lens
@@hans-joachimbierwirth4727recommend some resources that has basic knowledge and not hot air
This is foundational information for people trying to gain an understanding of modern finance. Well done ES. I look forward to more fantastic work from you.
Much appreciated! :)
Yanis is a strong communicator, gets the message across eloquently, using allegorical language. It's quite captivating for a listener. Thank you, enjoyed your chat.
very glad you enjoyed!
Only to listeners who listen rather uncritical to his musings and have a very limited knowledge of Economics.
Precisely!
@@martinpetersen3187 Does one detect an air of ridiculous superiority in your old-fashioned tone with your dismissive assumption that other listeners, who you know nothing of, have no critical quality or knowledge of what is being discussed apart from you? In any case, are we always to spoil the pleasures of listening to sages with suspicions, negativity and with judgmental hearts? Yanis Varoufakis, a recognised Greek sage, could comfortably sit and muse with his renowned forebears Aristotle and Plato. And, what about you? Perhaps, your negatively judgemental answer to Yanis will be presented in a podcast of your own very soon from which we might equally sigh and swoon over for its poetic delivery of ideas and truths ~ aye?
@@JoseighBlogs He might be recognised by some as a Greek "sage". But believe me there are others who have a far more critical view of him, his arguments and his policy as a former Minister of Finance. But I have to admit that as a Minister of Finance he succeeded in one effort most others would have failed: he united 18 Eurozone Finance minister against the then Greek government and alienated in no time politicians who sympathised at the beginning with the government he was a part of.
I like Yanis' power of reason and humanity. The world needs more people like him. For me this is not a matter of left or right - it is a matter of right and wrong, a morals-based position.
Tell that to the bully and the slave masters of capitalism
Mr. Varoufakis is kindred spirit to me. In a world that has stopped playing the music of life his every insight inspires a new tune.
A bit of harmony in this world would be a nice surprise
@@cavegirl3712 it’s almost like our leaders are suicidal maniacs.
@@cavegirl3712It's our job to start playing the song again.
Airy fairy hyperbole much
@@simonheaney8721 I have criticisms of the man but he just got the fuck beaten out-of him by right wing thugs.
What a great man, I could listen to him every day. Thanks for that interview 😊
Yanis is a great human being. An example to us all. I was moved when he explained his reasons for helping his countrymen as finance minister.
He ist Soros creature in Case you don't know.
Yanks Varoufakis is a fake leftist with old fashioned rubbish ideas that have been rejected by modern mathematicians. He called Germany Nazis for bailing Greece out of debt incurred by a bloated lazy civil service. He is soo yesterday.
LOVE HIM
Ive listebed to yanis for a few years now. Think hes more truthful than most. Hes great!
I live the way Yanis always manages to make me not just understand economics, but take an interest in it!
700 subscribers and you managed to get Yanis Varoufakis on? Wow! You must be destined for the skyline!
lets hope so. I've already had some phenomenal people on. Lets hope I can produce something that is beautiful and valuable for people!
Really??? He would talk to a 10 subscriber channel because no respectable channel will have Varoufakis speak since everybody in Europe knows he's a real joke!!!
Thousands stolen I've had thousands of dollars stolen from my bank account, direct deposits made by the i.r.s. I did my homework and had a zoom meeting with an agent. After this meeting concluded he said, "this (tracer) could take at least 120 day's. Please examine the (roman fasces) on USA Senate walls. Then please read Daniel chp 2-9? We were decived by our government to inflict mass casualties upon a already very oppressed people's who did nothing to U.S. Please read (Twin Towers NYC was a mossad operation) What happen nexted, Afghanistan, numerous overthrow of various Middle Eastern States. Why, under pretense to destroy an enemy created by USA intelligence community for invasion, where we left billion's in military hardware too the very people we were hunting. Bagram airbase is now a chinese military advanced airbase. george w. bush jr. buy's 300k hectares in (Paraguay) centered on the world's quite probable last and largest (aquifer) covering at least three S.American countries. Who was in charge of the Twin Towers security, (MARVIN BUSH), the the president's brother, oh yeah! The USA has been positioned by a (beast system) for exploitation to manuver nation's into a ten-toe global economic union prison camps? What's coming, a strong delusion that people will embrace. Revelation 6:2 And I looked, and behold, a white horse! And its rider had a bow, and a crown was given to him, and he came out conquering, and to conquer
@@ulyk2677 hahahahahahaahahahahahhahahahahahahaahahahaha
Beautiful comparison of light and money👍
I need to find a money switch. 😊
You may also be interested in David Harvey's view of money as the different stages of water.
@@kennethhancock2433 realisation* is the switch, that's the moment the idea is realised as capital. When it becomes tangible to borrow a term.
Yanis, a true gentleman. Pleasure to learn of his mindful experience and heart held ideals. Thank you.
Thanks Tony - our pleasure. Glad you enjoyed. Welcome to the podcast.
Thousands stolen I've had thousands of dollars stolen from my bank account, direct deposits made by the i.r.s. I did my homework and had a zoom meeting with an agent. After this meeting concluded he said, "this (tracer) could take at least 120 day's. Please examine the (roman fasces) on USA Senate walls. Then please read Daniel chp 2-9? We were decived by our government to inflict mass casualties upon a already very oppressed people's who did nothing to U.S. Please read (Twin Towers NYC was a mossad operation) What happen nexted, Afghanistan, numerous overthrow of various Middle Eastern States. Why, under pretense to destroy an enemy created by USA intelligence community for invasion, where we left billion's in military hardware too the very people we were hunting. Bagram airbase is now a chinese military advanced airbase. george w. bush jr. buy's 300k hectares in (Paraguay) centered on the world's quite probable last and largest (aquifer) covering at least three S.American countries. Who was in charge of the Twin Towers security, (MARVIN BUSH), the the president's brother, oh yeah! The USA has been positioned by a (beast system) for exploitation to manuver nation's into a ten-toe global economic union prison camps? What's coming, a strong delusion that people will embrace. Revelation 6:2 And I looked, and behold, a white horse! And its rider had a bow, and a crown was given to him, and he came out conquering, and to conquer
He is a gentleman and he has great analytican abilities, BUT, at 52,00-55,20 , He DIDNT SAID A WORD for the 7th and 4th generation bankers, rothchilds, rockfelers, (correspondingly), ... and others, and that reveals him as a stooge of them, that was groomed by them, to replace the current puppets, supposed - leaders of the nations of europe, with the new breed of lapdog like governors......... He just talked about vague financial technical creachers that obliged their owners to work and work and beeing ....unhappy !! That kind of BS he is talked about .......
Without much previous knowledge about the interlocutors, did not expect anything. At the end, must say, one of the best talks I have watched. Bravo, both to the host and, especially, of course, to the guest, Mr. Varoufakis.
Hi - I have been following Mr Varoufakis since his wonderfully informative book titled "The Global Minotaur" which explained in a brilliant way the financialization of western economies post WW2 and the important role played by Washington & Wall St...In the past, he has also discussed the transformation of the social order from feudalism to capitalism where the notion of debt & debt bondage was created as well as the redistribution of political, financial & military power from the King / Landlord to politicians & technocrats who eventually lost their connection & understanding of how ordinary ppl struggle to make their lives meaningful..."Debt is to Capitalism is as important as Hell is to Christianity"
Tks 4 this reflection
In the main I think that the international conglomerates in main industries, for example, defence contractors, pharmaceutical companies, banks and oil companies etc. are STILL firmly in control of plans for this world. There has been no actual redistribution of power .. only license to government officials to act as agents with a proviso that if they don't follow their masters' orders they are out of a portfolio. Of course as you stated the privileged wealthy often do take on political roles.
Who rule the world Polish men says BIS-IMF-FED triangle currencies monopoly. Their goal is CBDC programable token of nothingness follows by Neurolink microchip brain implant AI humanoid SLAVERY death holocaust. There is nothing in betwen those parasites goal is rule entire world and cut population. So all shit talk about demografii is BS , they sent to Europy usless ,unskillled forced bustards. In Poland we need those go get visa and it is limited not for sale all those corrupted goverment could done so Shortly. So the Global Goverment want distroy our values mix us make us losse identity and give up. They don't care about demografii becasue they kill you all this argument is down invalid crap.
Thank you both for the great interview. I've to say I enjoyed every second of it and discovered how great an economist is Mr Varoufakis, who I knew nothing of except his name and governmental function for a few years. He'll never win the Nobel prize, but I'll bet my last penny it doesn't bother him at all, given the intellectual value the prize, if ever it had any, has retained...
Thousands stolen I've had thousands of dollars stolen from my bank account, direct deposits made by the i.r.s. I did my homework and had a zoom meeting with an agent. After this meeting concluded he said, "this (tracer) could take at least 120 day's. Please examine the (roman fasces) on USA Senate walls. Then please read Daniel chp 2-9? We were decived by our government to inflict mass casualties upon a already very oppressed people's who did nothing to U.S. Please read (Twin Towers NYC was a mossad operation) What happen nexted, Afghanistan, numerous overthrow of various Middle Eastern States. Why, under pretense to destroy an enemy created by USA intelligence community for invasion, where we left billion's in military hardware too the very people we were hunting. Bagram airbase is now a chinese military advanced airbase. george w. bush jr. buy's 300k hectares in (Paraguay) centered on the world's quite probable last and largest (aquifer) covering at least three S.American countries. Who was in charge of the Twin Towers security, (MARVIN BUSH), the the president's brother, oh yeah! The USA has been positioned by a (beast system) for exploitation to manuver nation's into a ten-toe global economic union prison camps? What's coming, a strong delusion that people will embrace. Revelation 6:2 And I looked, and behold, a white horse! And its rider had a bow, and a crown was given to him, and he came out conquering, and to conquer
Yanis - keeps the hope alive that not everything is lost. There are still a few humans around.
Keep the hope alive 😂😂😂 Do you know that Neo-Nazis are on the rise in Greece again? You know why? Thanx to Varoufakis and people like him.
I've listened to Varoufakis in a number of videos - TY, the 'news', other channels. He's often dealing with complex questions on a complex subject! But i must hand it to you Escaped Sapiens for good questions and managing to hold Varoufakis (who i like very much) to neat compartmented questions. He is someone I would love to meet, but equally I am new to your channel, now a subscriber . As for his ref to Star Trek, wow, i do this all the time in conversations and it is at that moment people are convinced I'm a looney 😄🙈
Many thanks for your kind comment.
That Yanis is smart I sit here struggling to learn and can barely put the pieces together I hang in there and do a lot of rewinding yet I always listen to him when I find him having his chats
If you are interested in this sort of stuff, we can talk more...
There's an audio book here on KZhead of the book he wrote on economics "Talking to my daughter about the economy". Really good and simple
beside beeing smart and deeply analytical, at 52,00-55,20 , He DIDNT SAID A WORD for the 7th and 4th generation bankers, rothchilds, rockfelers, (correspondingly), ... and others, and that reveals him as a stooge of them, that was groomed by them, to replace the current puppets, supposed - leaders of the nations of europe, with the new breed of lapdog like governors......... He just talked about vague financial technical creachers that obliged their owners to work and work and beeing ....unhappy !! That kind of BS he is talked about .......
This was great. Yanis is very Conscious.
The questions themselves were quite excellent and thought provoking, congratulations on that. At times I thought Yanis would have trouble answering them but no, he had the answer and his view at the tip of his tonge. Quite a powerful thinker.
One has to read btwn the lines to get the full picture though.
He’s super well educated in his field.
@@Showmetheevidence- yes but he cesurs himself a lot. You got to read in btwn the lines, then go to Michael Hudson & beyond to get the full picture. Yanis still wants to have one foot in "the club"...
Thousands stolen I've had thousands of dollars stolen from my bank account, direct deposits made by the i.r.s. I did my homework and had a zoom meeting with an agent. After this meeting concluded he said, "this (tracer) could take at least 120 day's. Please examine the (roman fasces) on USA Senate walls. Then please read Daniel chp 2-9? We were decived by our government to inflict mass casualties upon a already very oppressed people's who did nothing to U.S. Please read (Twin Towers NYC was a mossad operation) What happen nexted, Afghanistan, numerous overthrow of various Middle Eastern States. Why, under pretense to destroy an enemy created by USA intelligence community for invasion, where we left billion's in military hardware too the very people we were hunting. Bagram airbase is now a chinese military advanced airbase. george w. bush jr. buy's 300k hectares in (Paraguay) centered on the world's quite probable last and largest (aquifer) covering at least three S.American countries. Who was in charge of the Twin Towers security, (MARVIN BUSH), the the president's brother, oh yeah! The USA has been positioned by a (beast system) for exploitation to manuver nation's into a ten-toe global economic union prison camps? What's coming, a strong delusion that people will embrace. Revelation 6:2 And I looked, and behold, a white horse! And its rider had a bow, and a crown was given to him, and he came out conquering, and to conquer
Love Varoufakis way to explain things and enjoyed this respectful great interview. Thank you, both!
he is one of the few foreign dignitaries I enjoy listening to.
52,00-55,20 , He DIDNT SAID A WORD for the 7th and 4th generation bankers, rothchilds, rockfelers, (correspondingly), ... and others, and that reveals him as a stooge of them, that was groomed by them, to replace the current puppets, supposed - leaders of the nations of europe, with the new breed of lapdog like governors......... He just talked about vague financial technical creachers that obliged their owners to work and work and beeing ....unhappy !! That kind of BS he is talked about .......
Who rule the world Polish men says BIS-IMF-FED triangle currencies monopoly. Their goal is CBDC programable token of nothingness follows by Neurolink microchip brain implant AI humanoid SLAVERY death holocaust. There is nothing in betwen those parasites goal is rule entire world and cut population. So all shit talk about demografii is BS , they sent to Europy usless ,unskillled forced bustards. In Poland we need those go get visa and it is limited not for sale all those corrupted goverment could done so Shortly. So the Global Goverment want distroy our values mix us make us losse identity and give up. They don't care about demografii becasue they kill you all this argument is down invalid crap.
All class no bull crap that’s Yanis. Love his responses when getting interviewed by smart aleck journalists with their own agendas.
Very enjoyable ! Thanks ! Kept me brain active enough that coffee was not needed and any episode that concludes with Star Trek wisdom is something to be savored ! Nick , NavyBlueSmoke , LST-1195 , doppleganger of original TV Star Trek member Jimm Rugg , Creative Artist , Special Effects . Very fortunate to have met Jim , about 2 weeks before his transistion. Nick , NavyBlueSmoke , LST-1195. William Richard James Nicholson , going where no man has gone before .........
I really like Varoufakis he’s an amazing human being. I can listen to him hours and hours. He’s honest want a better world for everyone. Great economist. I wish I could be his neighbor and he’ll give a lecture and thousands like in old Anthen period could sit and listen to his teaching. Thank You 🙏🏼
Yanis, respect for you and for what you are working on. Our world would be much better if there would be some more men like you.
He was one of the people who brought the crisis onto greece...
@@zarni000 Hi. Would you mind telling me more?
@@duncansteedman9986 look at his career. He was in government way before the crisis hit and he advocated then exactly the policies that brought about that crisis. He is also married to thr heiress of the richest textile manufacturer in Greece and he talks about capitalism failed. He is just a self promoter and a demagogue
Greece got duped yannis is a good man
@@geniemarie7977 he was part of the government that created the problem. he duped greece :)
Yanus speaks like a well written book. His books sound the way he speaks. A great communicator.
Dude, thank you for this video. Your channel is highly underrated!
Cheers! I appreciate that.
YV is great - what he didn’t explain was how “money printing” by definition devalues a currency and creates inflation. Conservatives emphasize that government handouts create inflation (furlough in the UK and Trump’s cheques), it does, but the money printing for the banks far exceeds any such handouts and is the key driver of inflation of assets.
That's exactly how the scam FIAT fractional reserve banking system was designed, as the world's largest ponzi pyramid.
The last step in the lifecycle of money is taxation. Money printing must be offset by "burning" the money at the end of its journey from the Fed, the central banks, commercial banks, smaller banks, employer, wage earners, consumer goods producers, service providers, etc. If the money is not intelligently taxed back out of the system you will see inflation everywhere there is "too much money chasing too few goods." New housing and rent prices are high because hedge funds and wealthy individuals literally have too much money to spend on cash purchases, and workers are left with record debt, 30 year high interest rates, and historically depressed wages. Fiat currency has led to massive corruption where, as you said, the gains are privatized, the losses are socialized, and the tax system is rigged against the majority for the benefit of the few. It's unsustainable.
More fiat currency more promises(IOUs) until promises can't be fulfilled.
Thank you for this really awesome interview. He combines ideals with pragmatism and open minded look at the world at the level of perfection beyond ideology. Even thou it leaves me a bit depressed especially as the Eu citizen, it also leaves some hope that ppl like him are still here and may get to power at some point. Thank you once again, very nice talk.
Thousands stolen I've had thousands of dollars stolen from my bank account, direct deposits made by the i.r.s. I did my homework and had a zoom meeting with an agent. After this meeting concluded he said, "this (tracer) could take at least 120 day's. Please examine the (roman fasces) on USA Senate walls. Then please read Daniel chp 2-9? We were decived by our government to inflict mass casualties upon a already very oppressed people's who did nothing to U.S. Please read (Twin Towers NYC was a mossad operation) What happen nexted, Afghanistan, numerous overthrow of various Middle Eastern States. Why, under pretense to destroy an enemy created by USA intelligence community for invasion, where we left billion's in military hardware too the very people we were hunting. Bagram airbase is now a chinese military advanced airbase. george w. bush jr. buy's 300k hectares in (Paraguay) centered on the world's quite probable last and largest (aquifer) covering at least three S.American countries. Who was in charge of the Twin Towers security, (MARVIN BUSH), the the president's brother, oh yeah! The USA has been positioned by a (beast system) for exploitation to manuver nation's into a ten-toe global economic union prison camps? What's coming, a strong delusion that people will embrace. Revelation 6:2 And I looked, and behold, a white horse! And its rider had a bow, and a crown was given to him, and he came out conquering, and to conquer
52,00-55,20 , He DIDNT SAID A WORD for the 7th and 4th generation bankers, rothchilds, rockfelers, (correspondingly), ... and others, and that reveals him as a stooge of them, that was groomed by them, to replace the current puppets, supposed - leaders of the nations of europe, with the new breed of lapdog like governors......... He just talked about vague financial technical creachers that obliged their owners to work and work and beeing ....unhappy !! That kind of BS he is talked about .......
Great communicator, this gentleman succeeded to giving the opportunity of having an idea understanding of this important complexity of the power of the worlds. Thanks to the show!!!!
Would be interesting to hear Varoufakis' take on times where money becomes pointless. During the Nazi occupation for instance, when in Holland food was rationed or simply hardly available, people traded in goods for goods: say potatoes or bread for jewelry.
That was one of the most delightful and interesting hour I have had for a very long time. Thank you Shane and Yanis.
Our pleasure. Welcome to the channel Ian. Glad you enjoyed.
Yanis is one of the smartest European! He is absolutely correct about his estimate of van der Leyen and all the crime carried out by the European comission.
Great interview, thanks for that. A great man, Yanis. Despite the great "lecture" as a whole, for me the most important message was the last, I agree with him 110%..
Oh how we would all benefit from having this wonderful guy and his like in charge of our governments and institutions.
Had bean something else yes agreement here 😉
Great chat, thank you, Yanis is a treasure.
He is the worst Finance Minister in Greece's history. You don't live in Greece and obviously you don't know the results of the implementation of his economic policy in 2015. Six months were enough to prove how incompetent the man is. He is good for writing books and for interviews. That's all 👎
What a brilliant teacher Yanis V is. The idea of the production-distribution-financialisation process being overturned with the end of feudalism in the 18th c so that it became financialisation-distribution-production. I've seen a couple dozen of his talks, and he is always enthused about describing economical processes in a way that we students can grasp. A paradigmatic, generous imparter of that knowledge and understanding which is vital to a dignified, worthwhile life. One of my favorite humans. Many thanks.
Koko, imma new to Mr Yani, but big fan now. ty
Hi @@TheBlueskyson Certainly an insightful and knowledgable perspective on capitalism at this time. And now concerns about a return of Trump. Best regards.
@@kokolanza7543thanks friend. Go well out there bro
I can’t believe that his favorite captain it’s also my favorite captain. This guy is a brother from an other mother :) made my day.
I have been watching our financial whizz for quite some time and this presentation was the finest appraisal of the present day corrupt world financial system. This what the world needs, people with absolute humanity to take us out of this mess we are in and trust you will continue in this vane to educate people to understand what their rights are and what we as citizens, to rightfully demand as to how our governments are managed. I am no way implying that is what you are doing but rather educating us to make our own decisions. I believe that as humanity and the intelligent ones on this biosphere, we cannot just capitulate and experience our dinosaur extinction moment or do we stand up to USELESS leaders and ask them to either start the war kill yourselves and we will repair this planet and return it to is former ancient glory where we all live in peace and harmony or GET THE HELL OUT OF THE WAY SO THAT WE CAN START THE REPAIRS NOW. PS. Thank you this energetic presentation and with absolute hope that we will find a mechanism whereby we can come together and give leadership to people to execute change in their countries and for everyone who live in it. WE MUST. What I experience in social media networks, there is more knowledge system within this group than the capacity of ALL governments put together Except 2
Poly Ourea,,, Yanis is a clever man!!!!! 🤝🤝👍👍👍
Great truth Yanis speaks out about Europe. It´s fascinating how clearly he presents the situation Europe is in. Thanks for this informative conversation.
THANKS for the great interview, you are a good interviewer, one that asks the good question and let the the person speaks. The person doing the segment just poses a question and lets Varoufakis respond. A refreshing change from the usual interview where the person tries to focus the interview to himself and NOT the person you WANT to listen to this great lecturer, great.
My pleasure - thanks for the kind words.
This guy needs to be the PM of Greece. Can't wrap my head around how the Greeks left him out the parliament. He's brilliant!
Für alle. I never seen Varoufakis sharper. Excellent podcast.
Welcome :).
He is about as sharp as a bowling ball.
Yanis is a briliant man, but unwilling to draw real conclusions. Of course governments should take control of the banks, of course they should stop creating debt and start writing it off, of course capital should be redistributed toward the masses - but none of these things will be done. Therefore the question I would like to hear someone answer is what can we do to avoid anarchy, war, civil war, revolution and bodies hanging from lamp posts? Because that seems to be the default trajectory.
True philosopher. Great talk, I am happy for this recommendation.
Glad you enjoyed it!
As you wrote it...philosopher. Just theory and nothing more. Totally incompetent. We Greeks, we experienced the implementation of his economic policy in 2015. After six months the banks closed and Greece was one step away from being kicked out from the Eurozone and from the EU. 👎
@@FreeMind... It was not varoufakis fault. They wanted him to fail
@@zhaw4821 Of course it wasn't his fault. In Greece politicians are never responsible and accountable for their actions. 😂 They wanted hin to fail. Who are "they"? The freemasons, the illuminati, George Soros...who? Be specific, don't write in vague manner.
@@FreeMind... You blame him for standing up for the víctims i doubt your a banker so id have to Say your just ignorant .
Simple , basic and straight to the points interview !! Great work both of you ! Thank you !
Making others waste their time on that idiot by letting him ramble on without ever questioning his bullshit is a shame.
Best place to swim...? Really? Stupid questions and look at Shane's face. He is totally lost. Shane is a fool.
So clear and concise. Bail out the banks, not the bankers, shareholders, BOD’s! Thank you!
52,00-55,20 , He DIDNT SAID A WORD for the 7th and 4th generation bankers, rothchilds, rockfelers, (correspondingly), ... and others, and that reveals him as a stooge of them, that was groomed by them, to replace the current puppets, supposed - leaders of the nations of europe, with the new breed of lapdog like governors......... He just talked about vague financial technical creachers that obliged their owners to work and work and beeing ....unhappy !! That kind of BS he is talked about .......
This video captures Yanis at his best. Thank you!
It's a nice introduction to his extreme incompetence.
Great interview. Politically I’m right wing but always appreciated Varoufakis - he’s an intelligent man with fair perspectives and clear communication. Very good!
It's not too late to come over to the light side. Right wing economics has simply been a failure for the US and UK, where you have the most right wing economics. Social democracies of Northern and western Europe are simply superior societies based on nearly all obvectivr measures like life expectancy, violence, etc.
cant we be beoth?
"Promises have been made that can't be kept" Poignant.
Mr. Varoufakis is a Hell of a Mastermind and also a Genius
Hello Shane, Hello Yanis, thank you for this impressive lecture. That was a model for an interview, that would really deliver deep insight and a lot of things to chew on for quite a time! Greetings from a German, living in France and missing such kind of interviews on french and german "supreme" channels.
Many thanks for your kind words. If there is anyone else you would love to hear from, please feel free to let me know here, by email, or here: docs.google.com/forms/d/e/1FAIpQLSdMjEDRe5qck8BluVfFUS05iCMeAeG1F6Htng31a9qPD8w8nw/viewform
Thousands stolen I've had thousands of dollars stolen from my bank account, direct deposits made by the i.r.s. I did my homework and had a zoom meeting with an agent. After this meeting concluded he said, "this (tracer) could take at least 120 day's. Please examine the (roman fasces) on USA Senate walls. Then please read Daniel chp 2-9? We were decived by our government to inflict mass casualties upon a already very oppressed people's who did nothing to U.S. Please read (Twin Towers NYC was a mossad operation) What happen nexted, Afghanistan, numerous overthrow of various Middle Eastern States. Why under pretense to destroy an enemy created by USA intelligence community for invasion, where we left billion's in military hardware too the very people we were hunting. Bagram airbase is now a chinese military advanced airbase. george w. bush jr. buy's 300k hectares in (Paraguay) centered on the world's quite probable last and largest (aquifer) covering at least three S.American countries. Who was in charge of the Twin Towers security, (MARVIN BUSH), the the president's brother, oh yeah! The USA has been positioned by a (beast system) for exploitation to manuver nation's into a ten-toe global economic union prison camps? What's coming, a strong delusion that people will embrace. Revelation 6:2 And I looked, and behold, a white horse! And its rider had a bow, and a crown was given to him, and he came out conquering, and to conquer
Thousands stolen I've had thousands of dollars stolen from my bank account, direct deposits made by the i.r.s. I did my homework and had a zoom meeting with an agent. After this meeting concluded he said, "this (tracer) could take at least 120 day's. Please examine the (roman fasces) on USA Senate walls. Then please read Daniel chp 2-9? We were decived by our government to inflict mass casualties upon a already very oppressed people's who did nothing to U.S. Please read (Twin Towers NYC was a mossad operation) What happen nexted, Afghanistan, numerous overthrow of various Middle Eastern States. Why, under pretense to destroy an enemy created by USA intelligence community for invasion, where we left billion's in military hardware too the very people we were hunting. Bagram airbase is now a chinese military advanced airbase. george w. bush jr. buy's 300k hectares in (Paraguay) centered on the world's quite probable last and largest (aquifer) covering at least three S.American countries. Who was in charge of the Twin Towers security, (MARVIN BUSH), the the president's brother, oh yeah! The USA has been positioned by a (beast system) for exploitation to manuver nation's into a ten-toe global economic union prison camps? What's coming, a strong delusion that people will embrace. Revelation 6:2 And I looked, and behold, a white horse! And its rider had a bow, and a crown was given to him, and he came out conquering, and to conquer
Wow, what an interesting talk from start to end. Mr Varoufakis you are one of my favourite thinkers. Good health and safe travels to you sir. And thank you for resonating with me on Star Trek; I recall that episode well. Gene Roddenberry had a vision of a world that was more just. Maybe idealistic to border on utopianism, but the stories were not about the future in outer space; they were about the present, us, and the state we find ourselves now. Thank you again.
Excellent video! Such an in-depth discussion about a serious topic. Thank you!
If you read the fine print of The Forbes 'Richest' list, it says right in the fine print they don't count bankers or royalty.
Great talk - and some great questions too. Yanis - thanks for all you do!
This is wonderful. Thank you for posting this.
You are very welcome :)
Yanis, I got so happy to know that you live with such quality! Blessings.
Enlightening .... worth every minute of an older person's valuable time....
Really the question that NEEDS to be asked at this point in history: "what is money?". I dont think there is anyone alive that can answer that better than Yanis. All the other big name economists love to talk in circles and never come to a point about anything.
Wonderful interview. I love varoufakis' way of using comparisons and metaphors. Some of the facts weren't 100 percent correct, but good enough for "everyone gets it" and probably only pedantic People like me notice in the first place. Anyway, i love it! :)
If you are going to make pedantic comments, atleast provide some minimal elaboration.
I’ve been listening to Yanis for several years now thanks to The Joe Rogan Experience. His analyses are so precise and he’s such a wonderful communicator. We all really do need to take heed of his warnings 👍
Yanis is a great communicator and educator!
He is a fake POS.
Agree
Yanis is a great academic and as a great academic has the talent of being able to rationalize complex topics with clear communication. Great interview! The biggest drama of all this is that currently socialism exists for the elites, which are constantly bailed out by the governments, the rest of the society lives under market rules and austerity. This will sink the so-called west if not addressed now, we are nearing the point of no return.
Love Sir. Yanis Varoufakis. He captures his listeners and expands their understandings’. 🙏❤️🙏
Thank you both for sharing this intresting conversation.
Our pleasure Robert.
Excellent Yanis. Tells it straight.
Mr Varoufakis you are a well read intelligent man. Thus it is interesting to listen to your arguments
Great conversation. Answered some of the questions I have been asking. This Yanis Varoufakis is astounding. His last statement is in total sync with me. Thankyou for all the effort and for putting it up.
Loved this!!!❤ There is a new paradox I wish Yanis could discuss. Renewable energy solutions with seaweed batteries and new nano materials graphene can reinstall indigenous culture. Village prosperity Solar, sea water hydrogen. 20000 people colonize coastal desert territory with just $10000 could kick start this new economy. How humanity needs to move for climate emergency this great new frontier. Lithium from the seawater, sulfur from composted fish waste, carrageenan from seaweed makes lithium sulfur battery. A new micro grid circular economy. One village at a time bridges humanity
Splendid selection for a guest. One may not entirely agree with Mr. Varoufakis. He is however undoubtedly interesting and well versed in economics.👍
Excellent so forth right so honest so much integrity this world need more men like him he has my respect
Excellent! The deceptively simple questions elicited fascinating answers - direct and beautifully illustrated. Funny too: “the European Union? I wish we had one…. How did the South Koreans manage to save their banks and get rid of their bankers? Those are powerful men! Answer from the president - ‘Easy. We called in the Marines!’” Noted!
Love the first question and answer, wow... I'll have to come back to this and listen to the rest later but for now, that's perfect.
Thanks Mark! Welcome.
Dear Mr. Varoufakis, I thank you a lot for your stance for humanity in the ongoing genocide in Gaza
Thank you , Mr.Yanis! You’re the best financial mind, that We come across!🇬🇷
It's concerning to see a growing sense of unease, of disenfranchisement, particularly amongst younger people developing across the world, mostly in 'the West. There are obvious indicators but perhaps the core issue exists at an existential level. Perhaps Yanis recognises this.
Dude I grew up with Margaret Thatcher... I'm 42. Not exactly a child.
Indeed Yanis is right! The real stuff of life is to improve yourself, HUMANISM! Find out our limits our deep humanity and feel that we are all part of 1 universe unified.
Brilliant interview!! Thank you for having Yanis on!!
Great discussion Yanis and Shane. Thank you both. ⭐️⭐️⭐️⭐️⭐️
Informative discussion. I improved myself watching it.
Great podcast! Yanis is a gem. I would expand on the "Debt is a claim on future wealth " point by exploring what underpins all human wealth which is I suggest extraction of resources from the earth. Ultimately debt is a claim on future extraction. On a planet with finite resources, infinite debts can not be repaid by the earth system. When the earth system fails there will be no rolling it over. Any economic system which does not recognize its dependency on the eco-system that provides all the outputs and absorbs all it's waste is doomed to fail. Failure to live sustainably on your home planet is I suspect the true Great Filter.
cow on grass field creates a non zero sum game you fertilise soil, you produce better milk and meat with time, then you can use fertile soil for farming if you must producing high quality feed for animals the same as river that brings minerals with water and dirt actual model is to eat up all grass not letting it regenerate and push roots deeper, modify cow genetically to feed it equally modified unnatural feed producing with a few minerals on completely sterile land, and push chemical crap from factories to the river murdering fishes and sending toxic crap to fields human stated this madness with modification of plants that are inherently uneatable for humans this revolution competed with next one of inventing herding until today you can classify all human myths into three groups - original African stories including the lion man people from deep or born in a tree plus bad snake, next stories about flood and serpents, gods of water, and lastly myths of Eurasian steppe herders where cow in the main topic or stag eagle sometimes, each compounded on the earlier ones. herders were winning when graineaters got sick and got decimated by plagues because of deficient diet but we're losing when overcrowded cities organised and sent big dense armies often on ships it's always city vs desert, shore vs interior, meat vs grain and both affected by climatic cycles
Didnt easter island population do the same , eat and use the whole island and resort to canibalism at the end since where is the food for the population now . Men cant help themselves and women are thier support team , kids growing up to young adults try new things but it wont matter in the long run. Same now , computers ( ai ) wont help -they just enhance what some already have until they might take over with programmed with the same "code" as those who created the catastrofic situation and i guess a lesser program will be deleted (us) . Thats male men for you- I dont see a functioning brain in most men.
Great interviewer who extracted the best out of Yanis
I just love this man’s philosophy and ideas ,his mind sees a bigger picture than mine ..
we are always enlightened by this person
What an incredible interview. Thank you.
Glad you enjoyed it. Thanks for listening!
Coherent and Genuine analysis of the structural trap of this modern economic dystopia.
Thanks, Yanis, for being as you are 😊
Excellent. I learnt more about how the world works, than I did a five years of secondary school education in the UK.
Same here but different country(RSA)
A sane voice in the wilderness
I wish this man is the prime minister of my country. He should able to handle these big powers as they are playing their geopolitical games.
Money is social relations of any kind, but mostly represents exploitative relations. Thanks Yanis for the poetic representation of money, yet realistic.
Great interview, Yanis is a really nice guy!
This was a great conversation, thanks for this.
always great when Yanis speaks his mind.
Mr. Varoufakis sticks to a thinking process most of us continue to have; which is thinking in nation states or countries. In reality the financial system and economies are being controlled and destructed by private (central) banks, at least since WW1, being solidified at the end of WW2 through Breton Woods and the establishment of its controlling mechanism IMF, Worldbank, but also the Federal Reserve. The resulting debt-based banking system, being the biggest crime of the century, has enslaved all IMF-member states, thus nearly the planet as a whole. If anyone refused to comply, they just start to sanction them, inflict a regime change or induce a war. So, it doesn't make sense to point fingers at German or English banks, because they're owned by the same shareholders. There are 3 investment conglomerates controlling at least 2 times the global GDP. This is what we're dealing with, concentration and centralization of wealth, power and control. However, their system of enslavement came to an end in 2008 and saw its final collapse in September 2019 (repo-crash). That's why they came up with crisis after crisis, to be able to direct taxpayers' dollars to their pockets. "Climate" is the same story, funneling public money to their multi-nationals - socializing debt and capitalizing profits. The digitalization or digital concentration camps as I tend to call them, including digital IDs, QR-codes and CBDCs is their final goal to remain in power. The EU is a spin off of Wall Street and Washington and is doomed to fail, as long as they don't separate from the global banking mob. Russia, among others understood and took action. The solution is to build up decentralized, local banking systems, controlled by the people, to be able to hold people accountable. And that's exactly what's already happening. Because power corrupts and absolute power corrupts absolutely.
What are their names and where do they live
GIVEN The solution is to build up decentralized, local banking systems, controlled by the people, to be able to hold people accountable.---- What prevents ''''''the people"'''' from '''''building up decentralized banking systems''''''' ?
You tell me
The prices for many consumer goods in Russia have doubled since last year, what a shining example. Maybe they'll end up like Zimbabwe with trillion rouble banknotes. The hegemony of the IMF is not fair, but there has to be a better example than Russia for an alternative.
@SkateSka prices in Russia have doubled? What country do you live in? Prices in UK are way above headline figures. And we're shafted big style for energy.
it is highly revitalizing and hopeful to find out that there are still intelligent people around, acknowledging the call and working in favor of the people great interview
One of the best speakers on this topic I have ever ever seen.
Fantastic chat as ever. Love Yanis, top guy. Much respect to him and best wishes.