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 sho...
15 Sep 202157min
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’...
11 Sep 20211h 6min
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, a...
6 Sep 202159min
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 ...
4 Sep 20211h 2min
Tapering the Taper Talk – Ep 727
* Powell offers no clues on taper timetable. * Powell vows to keep interest rates low until QE is finished. * Powel blames price increases on exploding demand and lack of supply. * Powel blames ...
28 Aug 202154min
Less Loose Is Not Tight – Ep 726
* Fed will talk about tapering until it can use Delta as an excuse not to. * Bitcoin is irrelevant to monetary policy. * Accepting Bitcoin for mortgage payments is a publicity stunt, not a use cas...
21 Aug 20211h
Stimulus Even Harder to Exit Than Afghanistan – Ep 725
* Markets spooked by CNBC interview with Boston Fed President. * Higher inflation leads to more poverty and a wider wealth gap. * Food stamps are really money stamps. * Media campaigns to soften...
18 Aug 202147min
Fifty Years of Fiat Failure – Ep 724
* Rising costs increasing producer pricing. * US home prices rising at fastest pace in history while affordability hits record low. * Trade deficit continues its path higher. * Inflation exposed...
14 Aug 202157min
