One of the few Americans on the public stage with a rational view of global politics.

😮 this guy is amazing! Been seeing Jeffrey Sachs face on a bunch of YT videos & finally listened to one. Great thoughtful & informative interview & guest. Thx for having him 🙏🏼

The truth is out there. Thanks Jeff. 🖤♥️💛💚

When you can figure a way around greed, pride, hypocrisy, lying and cheating, I think you'll be well on your way to solving the world's problems and then countries working together. Personally, I'd don't see that day coming anytime soon. But, I agree with what you're saying . . . a very intelligent and articulate man.

The world need more guy like Mr. J. Sachs, Thank you

Thanks to your thoughtful ideas and your experience in the topics being discussed, Jeffrey. I greatly value this.

That was a very pleasing to listen to and enlightening conversation. Thank you.

World needs more interviews like those. Well done Prague Finance Institute

It’s ironic that we’re discussing the European green deal at a time when Europe is firing up its coal fired power plants and hoarding firewood.

Congratulations 👏 to the Prague Finance Institute for posting this! Please continue to do so!.....I was Ambassador to your beautiful Chec Republic and adore Prague, Dvorak and Smetana!!

Sachs= fresh air! May you live to be 200 years old!

We need more sane voices like Prof. Sachs. Less war, more co-operation leading to growth for all.

Thoughtful man. I agree with his views on confrontation vs cooperation. The US needs to get its act together and stop destabilizing everywhere it goes.

M. Sachs is very smart. The world would be a better place with more people like him

Over the years I have heard about the distinguish intelectual and professor Mr. Jeffrey Sachs, but I was not prepared to belief his amazing knowledge over politic and history event. Mr. Sachs approach to the conflict of our time is indeed the most effective. Thank you Mr. Jeffrey Sachs for showings our leader and politicians the way for diplomacy and cooperation. God bless you sir!

I get the feeling he's trustworthy and a good person, which is rare these days.

Fear would never keep anyone safe rather it will keep you disadvantaged and unprepared. In light of the current global state of the economy, it is selfish to have leaders vested in national disputes. We need to do better as individual nation. A nation's growth and an economic recession are related. Economic downturns are natural, just like human ups and downs, and now is the moment to rethink the policies that are to blame. In either case, I'm happy I sold the vast majority of my holdings at a premium.

Educated and well spoken this professional, serious insights and valuable information. I concur with his projection of future storms, thank you for the interview

Inflation strikes me more and more as a very course measure of economic health. Because the real problem with inflation is usually unequal inflation. In this instance energy prices. I think it's so popular to use because targeted inflation reduction actually requires public policy(politics) to stabilize prices as opposed to just giving the power to banks to effectively make investment decisions for private interests as opposed to public good. Nice relatively straight forward explanation.

Prof. Jeffrey, you are really good and put many USA 🇺🇸 think tanks to shame. My respect for you and I share your speeches to all my peers.

Mark Twain: "Sometimes I wonder whether the world is being run by smart people who are putting us on or by imbeciles who really mean it." Greetings and full support for J. Sachs from Slovakia I very much like the video on UKposts, it was in 2018 on corporate MSNBC, where he was very openly criticizing the US military intervention in Syria, the whole US foreign policy in The Middle East region! He talked about TIMBER SYCAMORE, US war atrocities and crimes! He is my boy!!!!

Young people should be encouraged to become economists. You can be wrong 100% of the time and still make a pretty good living.

Fantastic analysis from Dr. Jeffrey Sachs. Thank you PFI for putting this excellent analysis and discussion up. I also love your beautiful country.

To Jeffrey Sachs: dear maestro: I was your "pupil" at the Kennedy School. Please continue your public criteria and manifestations. The world needs your mind and vision. Best regards. Ambassador Roberto Augusto Martínez Castañeda.

Thank you, Jeffrey Sachs. Obsessed with gaining superiority makes us forget that in commerce, business and politics, a monopole situation does not exist. Ignoring the need to negotiate a balance always results in an implosion.

If only the present global leaders listen to Jeffery Sachs advice.

A sane voice in the troubled times.

Thanks for the invitation. Excellent questios and very intelligent answers. Best

Jeffrey Sachs is a very smart guy. The world needs more people like him as our leaders.

It's really crazy how we keep trying the same things over and over again. I have a lot of respect for Jeffrey Sachs... but any plan that leaves the same people in charge and control of the vast majority of the world's resources is just more of the same thinking that has gotten us into this mess in the first place.

Professor Sachs has wise advice the world needs to listen to!

One of the most briliant mind I'd ever seen. Thank you professor. We love you. Greetings from Serbia!

He's very high minded. He and his "ideas" will be warm and well fed this winter. Unlike many Europeans which he led down this path. This winter, ideas and reality will have a meeting.

Fascinating if not alarming interview about the big challenges the world is entering into. Professor Sachs your clarity and intelligence on so many issues is refreshing.

It is nice to hear a voice of reason particularly amidst a cacophany of nonsense.

Great questions and interview. Thanking you here from the “US” for the heads up about the next few years.

“Definitely we need top down codification” - he’s correct that the market will not solve the crisis and it’s refreshing to hear an economist not caught in the illusion of “market democracy” as the way to fix the problem. Yet as always what gets ignored is the past 50 years of American government up to the present characterized by those in power not implementing “top down codification” and no signs of a change in this regard in the future. Meanwhile we are careening towards 3 degrees Celsius or higher even with the Paris agreement which is not being adhered to and it remains clear that society is and will be even more ill-equipped to handle the crisis as it compounds.

No mention of the Euro? One of the biggest problems in the West in managing economies & contagion. Linking disparate economies under a single currency is economic madness.

What a wise and calm person, with a great view of our way forward; please also be the Prime Minister of Britain.

Thank you professor Sachs! When you describe to people what has happened in the world, honestly and clearly like this, it gives many hope that maybe, just maybe, there still is some light in the other end of the dark, arrogant and ignorant, horrible tunnel the US is forcing on everyone in the world right now. That maybe there still are some healthy forces of reason left inside the US, and just maybe they will some day come on top. All the US needs right now is democracy, and the biggest obstacle to achieve this are the gigantic media corporations owned and controlled by the very few, the richest of the rich. The first step towards any democracy is to brake the huge media empires down to smaller independent pieces. As long as this doesn't happen there is no real chance for democracy, real freedom of speech and things to get any better. I'm writing from Finland and have to say the situation here has become horrible during the last years, all sort of lawlessness happening all the time, mainstram media in war psychosis and trying to push us all to war psychosis, and to violent hate, to war I quess. A proxy-war of others. For years NATO and it's war machine has been just pushing in to our country, our right-wing president collaborating completely unconstitutionally behind the scenes, all happening just as planned by the same neocons who pushed Ukraine to where it is right now. All this backed by Nato's huge propaganda war all over the Finnish media and social media. Censorship worse than ever. No critical words allowed. Mouths shut up. Nato has taken the power here, when our president Niinistö is just a puppet and the prime minister, Sanna Marin, is just going what ever direction she is told by the mighty and powerfull. Finland has now a very high risk of becoming the next to fight the war of american neocons, including Biden, because of the weakness, stupidity and utter immorality of our political leaders today. This is very scary. Never seen anything like this in this country before.

Mr Sachs references hydropower. As a denizen of the Western US, I must say that hydro power is no longer dependable, for a larger and larger slice of the economies of the world. In California and Nevada, we are having to decide between power generation and water for people. Similar problems plague much of the Northern Hemisphere, and additional wrinkles such as the problem of moving freight on the major rivers of both Europe and China while the water levels diminish to nothing. I am an environmentalist, but I still believe that a wholesale embrace of nuclear power is one of the necessary things the world economies need to pursue, and hydro power is no longer a dependable power generation ally.

Always good to hear from Jeffrey Sachs. Thanks. A negotiated settlement in the Ukraine crisis is needed now more than ever for world stability.

You are my hero, you should lead our planet. My deep admiration for you and your colleagues. Im Bolivian American and thank you again for all you have done around our beloved planet. I might be a dreamer but I see the world with out the need to emigrate because they live happy and comfortable in their own countries. I see a world with bridges and supersonic trains that unite us and we could go shopping to Patagonia if we want, or live in Costa Rica, Canada or Japan. The value of living in a good community that respect nature , the animal communities and cultural believes and religions. A responsible, sustainable world view over the greedy psychopathic behavior of fewer people that profit from the suffering of others has to be a thing of the past.

Sure, he was advocating that the international institutions "help" countries avoid default. So countries shouldn't engage in money creation to finance debt but should cast themselves on the tender mercy of the likes of the IMF. Right. How about countries engage in expansionary fiscal policy to finance real job creation and regulate their financial sector to prevent the money flowing into asset bubbles and speculation?

I fully agree with Prof. Sachs. In fact, I have been promoting his approach to solving our long-term challenges since winter of 1979 when I concluded my undergraduate education. The biggest obstacle to implementing his ideas for sustainable development are the United States because of her desire to dominate the world in an effort to impose her highly flawed financial and economic systems. Yes, war is the worst enemy of sustainability. I wastes colossal amounts of energy in the production of the implements of war, the operation of war (the US military consumes as much energy as the fifth ranked country in terms of energy used). Moreover, it takes huge amounts of capital, energy and resources to rebuild a country after a war. By the way, I cannot wrap my head around Europe's, especially Germany's, subservience to the U.S. The German Green Party, that is current in charge of two key ministries (foreign affairs and economy) is a dismal failure of epic proportions. If they are not stopped, we will see a late stage Weimar Republik repeat.

Highly credible and good to listen to such objectivity. When will the good doctor review the economic malaise in the US?

Wise words. But no politician is listening.

I am amazed by professor Jeffery sachs who could not sale his moral ethics. Simply amazing person ❤

Knowledgeable, professional, sound advice. Thank you guys!

How true it seems, that we need world cooperation, just as we need world peace. As long as countries like the U. S. maintain imperialist ambitions and refusal to talk to others, we will remain in trouble. I wish my country, the United States, would get with it and grow up. The world is ready for peace, if some adolescents in the crowd don't mess it up.

Dr Sachs, you’re 👍👍👍

Professor Jeffery Sachs has been on many platforms sharing his knowledge and skill , a man of principle and highly respectable by all. Thank you Jeff.

Great interview! Without collaboration economic systems will simply collapse, but now everything is getting only worse

Beautifully said. Thank You Dr. Jeffrey Sachs !

The interviewer makes a mistake mind framing the Ukraine matter as a Russian - Ukraine conflict, while it is a long standing USA (NATO) - Russian conflict with Ukraine as a proxy now.

Excellent video. Very interesting, informative and worthwhile video.

Every economic downturn everywhere always has the same cause. Housing becomes too expensive for labor to be competitive. That's the so called middle income trap of developing economies and it's why the American banks failed in 2008. It wasn't because the Fed drove Lehman out of business like Sachs said. The reason is very simple. Banks print too much money for mortgages to inflate housing prices instead of the business lending that creates new competitive services and production. The banks do it intentionally. The property owners of the middle and upper classes want free money from the banks and the government for owning property. They don't want the banks to create jobs by lending and venture capital to create competitive production and services because that raises wages which helps the working class instead of their classes.

When the gov't engages in massive monetary inflation ("stimulus pmts"), and 'fights' the inevitable price inflation by means of raising interest rates, the inevitable result is Stagflation.

What a reasonable man!

My wife and I are debt free, own a thriving plumbing business and live far below our means. Bring it on, we’re ready.

The host apparently didn't know what Sach proposed before. How can he pose a question that's entirely contradictory?

Bear markets usually always begin before economic recessions start, so investors should get their portfolios ready and make sure they outperform the market. I've allocated my capital in a safe and sustainable manner while yet leaving room for excitement for particular stocks, cryptocurrencies, and other exciting chances in an effort to fully capitalize on the current market.

GENIUS ! The solution to the debt problem is more debt.

This Story reminds me of The Pathologist - Knows everything , Does everything , but after the patient is dead.

What we see in Europe is the failure of the wind and solar project, it is too intermittent and makes the end cost of electricity very high. If they had spent that money on nuclear and Germany had kept it's plants open they would be far more self-reliant and there would not have been a war in Ukraine.

Jeffrey Sachs is truly one of the best economists.

professor sachs is not only intelligent, knowledgeable and articulate. he delivers his argument with passion and point blank logic. if more leaders of the world were like him, global peace wont seem like a pipedream anymore.

YES, we are BSing our way through it instead of fixing and absorbing the pain.

A great analysis. I didn't hear mention of the impact on food resources expected to result from urea fertilizer shortages and idiotic WEF build back better policies on farming. An engineered crisis is what's at hand. You can't "build back better" until you burn down what is already in place.

11:05 - In my mind, there needs to be a global agreement on the value of labor. The value of labor has been cheapened to the point where the people performing the work have to borrow in order to maintain a decent standard of living. In America, that standard borders on spoiled rotten, and is the reason why most Americans in the "middle class" or "working class" have to borrow and increase their debt load DECADES into the future. Wages have been stagnant for 40 years, and most manufacturing jobs are created elsewhere. where expectations and living standards aren't nearly as high. My use of the word "class" indicates a caste system in America, not a democracy or a rebpublic. As Americans, we HAVE TO work. We have no choice, unless we are somehow able to invest and/or save. There is no incentive to save, and most investments are priced out of reach of the "working class" American. Now the ability to own property is being taken away. If you're a 1st time home buyer, you can't get a loan these days, and credit ratings mean nothing. VOTE WITH YOUR MONEY, America. STOP SPENDING IT. Self-induced austerity measures are the only way out of the consumerism corner that we've painted the entire world into...

Jeffree 💕 all always ON POINT. Come back to New STAY FREE AF SEASON 💕 Fantastic Interview and both of you brought many important points. We need more of you in todays world.

Sounds like Sachs is recommending more Belt & Road Initiative and less IMF. If I am understanding him correctly, I applaud his suggestion.

Sometimes we see light at the end of the Tunnel......only to realize it comes from a train rushing towards US!

Great points and solutions to the current economic crisis to the world !! Unfortunately, the US Govt is not listening

Nice to see Lenin doing so well. Great discussion.

An old man bearish on the most innovative time in history, makes sense.

The US & Western culture in spiralling free fall due it it's culture & patronising attitude. Since majority have this mind set, it sure going to the desmire of the US & Western life in the comming years. No hope for them but only look with despair in their behaviour.

Well said. That's a good vision for the world.

Could you set up a negotiation team to start talks with both parties about ending the war before winter?

True! The debate between Autocractic Democracy and Democratic Autocracy cannot help solving domestic and world problems.

This man is "moral & ethical" such as Michael Hudson

While Jeffrey Sach's analysis of the current world economic situation is largely correct, it is worth remembering that his has been a chequered , and not too distinguished a career as a world economic analyst. In 1991, when the Soviet Union collapsed, he recommended that the constituent countriesin general and Russia in particular be forced to immediately transition from a centralized communist system to a free market economy, arguing cynically that the best way to learn swimming was to get in at the deep end of the pool. This remedy, which was heartily embraced by the western nations as necessary bitter medicine to recover from the ills of communism, proved to be catastrophic, overnight condemning half of the population of a once-superpower to abject poverty and penury. This is the principal reason for the rise of the likes of Putin who promise to restore Russia to its former grandeur. Although Mr Sachs made a mea culpa a few years later admitting that it would have been wiser to transition gradually to a open market system, a la the Chinese model, it was too late to erase the deep distrust of western nations by the Russian people.

Thank you for this informative Interview. Thank you for this interesting Talks. More Power to you and your You Tube Channel.

One thing i often notice with Jeffery is "i am" & "my recommendation", and everyone is the reason we have a problem, blame eveyone - but not Jeffrey.

Dark Winter is going to be interesting 🥶🤔

I can see that the problem with civilization has always has has inequalities today we can say that corruption compined with discriminationi is to keep the same sytem going

Wow, thank you Mr. Sachs

Great guest! Well done

Great interview guys. The bubble here in NZ is no different. Housing is finally crashing with debt levels huge and stagnant wage growth, inflation running in double figures and a authoritarian Marxist government following the WEF agenda and green rubbish destroying business. I have never seen such issues including almost crime running rampant. We require a housing market crash to enable the young to achieve purchasing shelter and avoid this huge socio economic widening gap between the rich and poor and all the associated issues with this gap. Currently New Zealand is not a great country to live in and that saddens me. We will get it back once we remove the WEF influence which is dominating our cabinet through a ex prime minister Helen Clark who also sits on the WEF board and pulls the strings of our puppet PM Ardern with I imagine the promise of a seat at a bigger table internationally.We will bring back real democracy and are fighting hard for ourselves, children and hopefully one day personally grandchildren.

I would love to hear Prof Sachs, Prof Wolf and Prof John Mearsheimer at one table discussing US’s mistakes in the foreign policy and ways they could work hand in hand with China, Russia, and other developed countries to solve world problems.

I really admire and listen to this professional. He has deep knowledge about how to prevent a crisis. He did in Poland, he did in Bolivia. He is an expert on economics. I would recommend many economists to analyze the cono effect of the neoliberalism and the global economy. Many think Im socialist, but I actually believe in analyzing every economical system and the repercussions on each sectors of economy. Get the best of every system and go back to small industries and local businesses it is not a bad idea . Im a marketing analyst and I value every strategy that create common well. Neoliberalism has brought to much inequality. The concentration of wealth in little hands and the devastation of many economies and the environment is the result of a capitalism in agony. The fundamental principles of freedom and justice are fading away. The fact that the dollar is loosing value is the abuse of power from the monetary system in place. To have a multipolar world with international laws that are for all and not for all but one, might prevent the abuse that create the monopoly of markets and maybe it is going to promote better banking relationships and regulated markets by quality of products, innovation and better social programs community based.

Very clear and interesting you described about global cooperation,it's remarkable.

We need more humans like professor Sachs running the show. Thank you Sir ❤️

Prof Sachs is always great to listen to...

Thank u so much for this video

Professor Humanitarian Jeffrey Sachs should be the next President of USA. Fantastic insight 👏 My eyes are open.

Great interviewing. Didn’t let Sachs get away with anything and allowed him to answer questions.

The reason for inflation is always governments and banks spending to much money.

Me this entire interview: Nodding along as if I understand a word of this.

Great interview. I also follow Michael Hudson, Fabio Vighi, Tom Luongo, and David Collum.