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Day: October 19, 2021

Inflation Is Not the Price of Prosperity – Ep 742

Bonds are never a safe haven against inflation. Consumers can’t afford to buy houses for what it costs builders to construct them. Zillow bails on home flipping business. Biden describes inflation as a high class problem. US government now using Soviet propaganda tactics to explain inflation. Bitcoin futures ETF BITO is the antithesis of what …

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TRANSITORY PERMANENCE

The inflation that we were emphatically told would be transitory and unmoored continues to persist and entrench. As the troubles gather momentum Washington is doing its best to ignore the problem or actively make it worse. The latest batch of data shows that the Consumer Price Index rose 5.4% in September, the 5th consecutive month …

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