It shows that those stock buybacks and Fed Chair repo’s actually subtract any profit, investment, growth, increases from American corporations even the monopolies.
If you can play with the nominal value of everything, you should in theory be able to minimize slack in the economy, maximizing growth. This new regime could be unleashing massive potential with limited downside. Why does everything have to be doom and gloom?
It is a curious question, right? Somewhere the USD went from being an abstract transporter of goods services and labor to "Wealth" You can look at bank lending from 2007 and realize Banks are sitting on fat reserves and not lending. Risk adverse. Fed QE is largely meaningless in the whole scheme.
I think Neil is Dead Wrong on owning TIPS because the government issuing them lies like hell on the actual Inflation rate--You will lose Purchasing Power, plus you lose dubious "profits" you might have made to capital gains Tax. Love Neil though.
The Great Sham - How to Pull The Wool Over Their Eyes Thanks/no thanks to Neil Howe, he has shown us a way to the same old, same old. The upper tiers of our society will carry on and do as they will. The lower tiers must suffer what they must, as they have always. He has illustrated an ancient way of life, Might Is Right. I am a Gen-Xer, I lived the nightmare of need-n-want. The late 70s/early 80s lay the foundation for what may be liken to 40-Years-Wandering-The-Desert. What sort of cleansing is in store for those who cannot or will not change. Neil Howe, or should it be Kneel How? Laugh, it's sort of funny. But, it's not funny. "When I talked to you earlier about financial repression...I'm really wondering how all these Gen-Xers are going to respond...who have never had any inkling of what that means." 30:14 Kneel How has some 'inkling' of Gen-Xer' behavior. "Pay the writer." - Harlan Ellison
Absolutely magical speaker
Thanks Ted! Love Neil ❤️
Its a pleasure listening to Neil Howe. I feel I’m getting the benefit of his reading all those books behind him, in a beautifully analyzed form.
I’ll lmmmpppppppppppppppppp
Lr
It shows that those stock buybacks and Fed Chair repo’s actually subtract any profit, investment, growth, increases from American corporations even the monopolies.
If you can play with the nominal value of everything, you should in theory be able to minimize slack in the economy, maximizing growth. This new regime could be unleashing massive potential with limited downside. Why does everything have to be doom and gloom?
It is a curious question, right? Somewhere the USD went from being an abstract transporter of goods services and labor to "Wealth"
You can look at bank lending from 2007 and realize Banks are sitting on fat reserves and not lending. Risk adverse. Fed QE is largely meaningless in the whole scheme.
Now do charts showing what happens when the China trade ends.
They wont ever withdraw the put. It may not work at some point in the future, but it won't be withdrawn. Inflation will run hot indefinitely imv.
I think Neil is Dead Wrong on owning TIPS because the government issuing them lies like hell on the actual Inflation rate--You will lose Purchasing Power, plus you lose dubious "profits" you might have made to capital gains Tax. Love Neil though.
someone gets it
The Great Sham - How to Pull The Wool Over Their Eyes
Thanks/no thanks to Neil Howe, he has shown us a way to the same old, same old. The upper tiers of our society will carry on and do as they will. The lower tiers must suffer what they must, as they have always. He has illustrated an ancient way of life, Might Is Right. I am a Gen-Xer, I lived the nightmare of need-n-want. The late 70s/early 80s lay the foundation for what may be liken to 40-Years-Wandering-The-Desert. What sort of cleansing is in store for those who cannot or will not change. Neil Howe, or should it be Kneel How? Laugh, it's sort of funny. But, it's not funny.
"When I talked to you earlier about financial repression...I'm really wondering how all these Gen-Xers are going to respond...who have never had any inkling of what that means." 30:14
Kneel How has some 'inkling' of Gen-Xer' behavior.
"Pay the writer." - Harlan Ellison
So, inflation isn't a fundamental problem if you know how to handle it.
He almost said "the great reset" but caught himself and said "the pandemic"