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
Larger Deficits Mean Higher Inflation – Ep 723
* Gold reacts counterintuitively to inflation fears. * Fed changes the definition of transitory inflation. * Q2 Productivity numbers disappoint analysts. * Biggest government expansion of the we...
12 Aug 202150min
Markets Move on Fantasy, Ignore Reality – Ep 722
* Wall Street trading on “garbage in, garbage out” algorithm. * Another month, another record trade deficit. * Moratorium on student loan payments extended. * Eviction moratorium will send rent ...
7 Aug 20211h 4min
Central Banks Have Inflated the Mother of All Bubbles – Ep 721
* Jack Dorsey’s Square acquires Afterpay in largest corporate takeover in Australian history. * Activision discriminates against Republicans, not women. * Black Women’s Equal Pay Day is based on n...
4 Aug 20211h 11min
