🔴 Economic Data Confirms Entrenched Inflation- Ep 893

Live Podcast.

[pkagent]

I've been listening since 2016. Keep up the good work peter.

[leonarodwell]

With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly—which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio

[tmac]

Peter - you are the man. Awesome work. Look forward to hearing your wisdom on any outlet your on.

[ambertraceyy]

OUTSTANDING WORK Peter. You just provided us with a wealth of useful information to help us decipher the economic data. In the simplest terms, inflation occurs when there's too much money in the system. On the flip side, deflation occurs when there are too few dollars in circulation.

[marcgerges]

BRILLIANT WORK Peter so much good information to help us understand the cryptic economic data. Thank you.

[jordanmillerrealestate]

Video was fantastic and much preferred over audio only! Of course, I’ll listen to both anytime but video was great.

[zoeytank]

It was a very bad decision to remove the Glass-Steagall Act in the late 1990s, which led to the spectacular failure of huge banks during the financial crisis of 2007–2008. To prevent another disaster, Dodd-Frank and this statute both need to be reestablished right away. What happened with SVB is only the beginning of what will happen if nothing is done to address the current situation.

[ivankagel]

The market and the Fed consistently underestimate the sticky nature of inflation. The markets are still unsure if the Federal Reserve will continue to its plan to raise interest rates until inflation is under control, despite the fact that bond yields are rising while stock prices are falling. What is the greatest strategy to take advantage of the current bear market while I'm still deciding whether to sell my $401k worth of stocks?

[bobbymainz]

Recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.

[UltimateBargains]

Central banking (Keynesian) principles are backwards; they think that currency is the original source of wealth which is then injected into the economy to buy assets.
The Austrian principles are based on reality that production is the origin of wealth (i.e., assets) and currency is merely a receipt that represents the ownership of assets.
*Physical assets are the real wealth, not the currency (receipts) for those assets.*
*Printing (counterfeiting) those receipts doesn't create more wealth.*
*"If you don't make stuff, there's no stuff." -- Elon Musk*

[itsonelouder]

Peter, you a doing such a great job, a breath of fresh air in these times of such bs

[dustin]

Productivity going down doesn’t mean workers have to be paid less.

It means workers have to be paid less OR corporations make less profit. Less profit still equates to profit…

[aintdatsnipes]

Only really 4-5 sectors of economic growth at least since 09, Gov't/ War Machine, Welfare/ Dollar Stores, Payday Lenders/Pawn shops, Homeless Shelters/Prisons, Fast Food joints/Food Banks, that's why productive has collapsed
and deficits have soared, and it's only gonna get alot worse.

[robertfeinberg]

G-span was once asked whether a trend of increasing consumer credit should be a concern, and he responded, not as long as it keeps increasing. When it no longer increases, that would be a concern.

[geotrader]

Seeing less people in Walmsrt and MORE in the DOLLAR STORE

[theheadlightfamily]

Peter why is the main stream media not pounding the inflation table. Our family is struggling paying 40% more for groceries and energy and our homeowners has doubled.

[vincent-dxjb]

Home Depot has been told to keep hiring even though our sales are way down. The last Enventory count was purposefully screwed up as far as I can see!!

[ruedigerdr.dr.osswald]

"They created 250.000 jobs this month!" " I know, I have three of them!"

[hc]

Peter I saw your Google talk from like over 10 years ago….on point!

[michaelgoldman]

The government likely also forecasts there is no homelessness!