Inflation will destroy the dollar and the economy  – Ep 606

Inflation will destroy the dollar and the economy – Ep 606

Fed changes the rules for inflation target calculations.
Markets react to Powell's announcement.
Prices go up when people aren’t working.
Majority of middle class will be impoverished Into lower class.
Gold’s resistance has become support.
What Trump Steaks may teach us about the Trump Economy.

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Episoder(1096)

U.S. Economy Teetering on the Brink of Recession – Ep 82

U.S. Economy Teetering on the Brink of Recession – Ep 82

* Another week and another round of bad economic news * Wall Street may be finally paying attention * JOLT Report projected at 5.158 million; came in at 4.994 million * April Retail Sales expected ...

14 Mai 201519min

The April Jobs Report and My Encounter With Ben Bernanke – Ep 81

The April Jobs Report and My Encounter With Ben Bernanke – Ep 81

* First official jobs report of Q2 * Wednesday's ADP private payrolls were below expectations * March was revised down, indicating a softer labor market * Challenger job cuts numbers well above pre...

8 Mai 201530min

Bloom Rapidly Coming Off Recovery Rose – Ep 80

Bloom Rapidly Coming Off Recovery Rose – Ep 80

* Upcoming Appearances * Thursday morning panel at the SkyBridge Capital SALT Conference in Las Vegas * Liberty Forum - Salt Lake City * MoneyShow - Las Vegas * Economic News for the Week: Marc...

5 Mai 201520min

Spring Has Sprung, But U.S. Economy Still Snowed In – Ep 79

Spring Has Sprung, But U.S. Economy Still Snowed In – Ep 79

* Markets on roller coaster ride final two trading days of this week * Bad news parade marches on in April * The players are still clinging to fantasy of U.S. economic recovery * Dollar finished do...

2 Mai 201529min

Will the Fed Run Out of Excuses as the Weather Warms?

Will the Fed Run Out of Excuses as the Weather Warms?

* Government's first look at Q1 GDP * There was a lot of optimism around Q1 with expectations above 3% * Actual GDP was 1/5 of expectations at.2% * The rest of the story of Q1 GDP: * The deflator ...

2 Mai 201523min

Minimum Wage, Maximum Stupidity –  Ep 78

Minimum Wage, Maximum Stupidity – Ep 78

* The Keynesian myth of mandating prosperity actually hurts the lower middle class and the working poor * Something for nothing is appealing to voters, so politicians make empty promises that are goo...

28 Apr 201524min

Do the Swiss Envy Canadians Paying Higher Prices? – Ep 77

Do the Swiss Envy Canadians Paying Higher Prices? – Ep 77

* S&P and the NASDAQ made new record highs * Stock market continues to ignore all the bad news about the economy * Bad news is not being ignored in the foreign exchange markets * Negative economic ...

27 Apr 201520min

Inflation Is The One Promise Central Banks Can Deliver – Ep 76

Inflation Is The One Promise Central Banks Can Deliver – Ep 76

* Markets have been volatile but economic data still looking bad * Chicago Fed National Activity Index: contrary to expectations, came in at -.42 in addition a downward correction for last week to a ...

22 Apr 201520min

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