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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Avsnitt(1097)

Is the March Rate Hike Really a Lock? – Ep. 338

Is the March Rate Hike Really a Lock? – Ep. 338

Tomorrow is the first of the Fed's 2-day Federal Open Market Committee Meeting, and it's going to be the first meeting where there is supposed to be a rate hike and a press conference for the new chai...

20 Mars 201835min

The Worse Things Get, the Less Investors Notice – Ep. 337

The Worse Things Get, the Less Investors Notice – Ep. 337

Retail Sales Down Three Months in a Row I've got so much to talk about today, it's hard to even figure out where to begin.  So I'll start with some of the economic data that came out today, in particu...

15 Mars 201840min

Tariffs Are Not Good for Workers

Tariffs Are Not Good for Workers

NASDAQ New High The stock market had one of its best days of the year; I think it was the second best day.  The Dow was up 440 points - just under 1.8%.  The NASDAQ was up 132 points; about the exact ...

10 Mars 201832min

All Government Economists Should Be Fired – Ep. 335

All Government Economists Should Be Fired – Ep. 335

Continued Stock Market Volatility The U.S. stock market continues to be extremely volatile, and as I have said many times on this podcast, I think this volatility following a long-term record lack of ...

8 Mars 201832min

America Can’t Win a Trade War – Ep. 334

America Can’t Win a Trade War – Ep. 334

Trade, Comparative Advantage and Protectionism I want to devote this entire podcast on the subject of trade and comparative advantage and protectionism, and this trade war that President Trump is so c...

4 Mars 201847min

Powell Optimism Belies Data – Ep. 333

Powell Optimism Belies Data – Ep. 333

Second Consecutive 300-Point Drop in the Dow The Dow Jones was down 380 points today, in fact this is the second consecutive 300-point drop we've had in the Dow. The Dow is now down about 4% for the m...

1 Mars 201836min

So Much Debt, so Little Concern – Ep. 332

So Much Debt, so Little Concern – Ep. 332

Remembering Irwin Schiff Today would have been my father, Irwin Schiff's 90th birthday. If you're not familiar with my father's story, and I'm sure most of the people who listen to this podcast are fa...

24 Feb 201828min

Trump Is No Reagan & Powell Is No Volcker – Ep. 331

Trump Is No Reagan & Powell Is No Volcker – Ep. 331

Dow Down Over 250 Points Today the Dow Jones was down just over 250 points; we're back below 25,000. I think we were down better than 300 on the lows of the day, but we went out pretty low.  The dolla...

21 Feb 201829min

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