ugh. he’s so stupid and annoying yet says interesting speeches. Lol. Seriously, I like his content, simultaneously do not like his overly flowery speaking style while simultaneously all he talks about is doom and gloom stuff. Hey but good on him for being successful at all his consulting and speaking gigs.
Inflation, an increase in the money supply, and price increases due to low supply are different things. The government lumps them together to deflect blame for "printing" money.
56:00; i work in a grocery warehouse. Shortages are already here folks, obviously. Well I guess my take on it is that the “corona shortages” are not stopping and now that the plandemic has been over for a while, the ongoing shortages may already be attributed and will continue to be attributed to the things he mentioned in this episode. Well imo, anyways.
even with all the globalization the price of everything has always been going up. When I finally realized/learned about it, I started to see how stupid and silly all these central banksters always are, when talking about inflation, when in fact, the prices have always been going up. And even with “low” inflation, it has been compounding annually at 2-4 percent for many many years. And so we pay 2.60 for a gallon of milk before the current hyper inflationaries, say 2019 prices, not 75 cents or 1 dollar USD for a gallon of milk like in the 1970’s or 1980’s because inflation has been compounding annually without fail. So yah, globalization had some good things in it. And also simultaneously, inflation has never stopped.
No new perspective gained. No strategy shared. No actionable idea or even an example shared. A forgettable interview compared to some excellent speakers and discussions in the previous podcasts.
Nick, markets rising is not inflationary. See 2010 to 2018. I'm sure there are plenty of other historical examples. That'd also imply markets falling is deflationary. See 1970s.
certainly gold scamsters exist. Absolutely. And also, purchasing stock in legitimate going concerns that happen to be gold miners and, or diversified mining corporations with a long track record of success? Not a scam. Purchasing physical gold coins or jewelry to hide in your very own secret treasure chest for an unlikely or low probability societal collapse or government collapse scenario? Not a scam. Judge carefully!
The relationship between food and energy is that your food is your energy.
My relationship with food and energy is a very dependent one.
yes and diesel engines harvest it and truck it to market
Thanks guys!
Always a good show
Great interview. Would love to see you interview Peter Zeihan and get the demographic element of macro.
ugh. he’s so stupid and annoying yet says interesting speeches. Lol. Seriously, I like his content, simultaneously do not like his overly flowery speaking style while simultaneously all he talks about is doom and gloom stuff. Hey but good on him for being successful at all his consulting and speaking gigs.
Inflation, an increase in the money supply, and price increases due to low supply are different things. The government lumps them together to deflect blame for "printing" money.
Common knowledge here (for those in touch with current affairs, etc.); nothing new.
56:00; i work in a grocery warehouse. Shortages are already here folks, obviously. Well I guess my take on it is that the “corona shortages” are not stopping and now that the plandemic has been over for a while, the ongoing shortages may already be attributed and will continue to be attributed to the things he mentioned in this episode. Well imo, anyways.
Summary: "Give me your money because I'm smarter than you and trends of last 13 years are done and over with."
So early nowdays
I'd prefer mail order Viagra commercials to "green energy" commercials- The Viagra actually works.
facs
even with all the globalization the price of everything has always been going up. When I finally realized/learned about it, I started to see how stupid and silly all these central banksters always are, when talking about inflation, when in fact, the prices have always been going up. And even with “low” inflation, it has been compounding annually at 2-4 percent for many many years. And so we pay 2.60 for a gallon of milk before the current hyper inflationaries, say 2019 prices, not 75 cents or 1 dollar USD for a gallon of milk like in the 1970’s or 1980’s because inflation has been compounding annually without fail. So yah, globalization had some
good things in it. And also simultaneously, inflation has never stopped.
No new perspective gained. No strategy shared. No actionable idea or even an example shared. A forgettable interview compared to some excellent speakers and discussions in the previous podcasts.
Yes you summed it up well.I stopped listening as he was giving vague answers to Eric's questions
Any chance of some video on RUclips? Don’t be shy😂
Nick, markets rising is not inflationary. See 2010 to 2018. I'm sure there are plenty of other historical examples. That'd also imply markets falling is deflationary. See 1970s.
Gold is a scam
certainly gold scamsters exist. Absolutely. And also, purchasing stock in legitimate going concerns that happen to be gold miners and, or diversified mining corporations with a long track record of success? Not a scam. Purchasing physical gold coins or jewelry to hide in your very own secret treasure chest for an unlikely or low probability societal collapse or government collapse scenario? Not a scam. Judge carefully!
Tikkun Olam...Wealth destruction...Wealth distribution...Until then NO PAUSE or PIVOT...It's all by design