fbpx

Month: September 2021

Powell Sings a Different Tune – Ep 736

Political theater plays out over the debt ceiling. US was biggest gainer from low interest rates, but will be biggest losers when rates are high. IRS continues its attack on lower and middle income Americans. Getting into bed with the government will get you screwed. Cost of having a bank account will get more expensive.

The Fed That Cried Taper – Ep 733

Fed says the economy is great, but they will maintain the emergency policies they put in place when the economy was terrible. Fed will always choose to fight unemployment over #inflation. Fed turns blind eye to inflation because the alternative is a complete economic implosion. Fed’s policies disproportionately hurt African Americans. Republicans only care about …

The Fed That Cried Taper – Ep 733 Read More »

Paying More, but Buying Less – Ep 732

China won’t let Evergrande be the next Lehman Brothers. Fed took us 1 step forward and 100 steps back. Higher retail sales doesn’t mean consumers are buying more. Americans are least likely to buy a new car since 1974. Sweden sets successful example for dealing with Covid. America is worse off for invading Iraq.

When There’s Too Much Money, There’s Never Enough Stuff – Ep 731

Take the CPI numbers with a grain of salt. The CPI will catch up to the PPI. Fed’s new definition of transitory means a permanent reduction in standard of living. The problem isn’t a shortage of stuff, it’s an excess of money. Inflation is always and everywhere a monetary phenomenon. Consumers are expecting higher prices. …

When There’s Too Much Money, There’s Never Enough Stuff – Ep 731 Read More »

Government Is Consistent; It Always Lies – Ep 730

Producer Price Index numbers come in higher than expected for 9th month in a row. Inflation trends show no sign of being transitory. When you properly define inflation, you know exactly who’s causing it. Bitcoin whales want the minnow’s cash. There are more job openings than unemployed people. Left shows its true colors after hate …

Government Is Consistent; It Always Lies – Ep 730 Read More »

Let’s Replace Labor Day With Entrepreneur Day – Ep 729

Grover Cleveland was really a libertarian and one of our greatest presidents. The populist movement lead to Labor Day and ultimately in 1913 to the The Federal Income tax, The Federal Reserve, and the popular election of U.S. Senators. The Woodrow Wilson presidency proved to be a disaster for America. Washington incumbents have rigged the …

Let’s Replace Labor Day With Entrepreneur Day – Ep 729 Read More »

Summer Data Swoon Puts Fall Taper in Doubt – Ep 728

Jobs numbers disappoint expectations, but Biden brags. Inflation expectations highest since just before 2008 financial crisis. AOC pressures Biden to nominate a more woke Fed chair. Fed causing a lack of savings, which pushes up asset prices and makes the rich richer. Gold prices calling Fed’s bluff on tightening. If Bitcoin is better than gold, …

Summer Data Swoon Puts Fall Taper in Doubt – Ep 728 Read More »