This 6-pillar curriculum teaches the basic literacy we need to be personally and financially successful and to do so in a manner in which together we evolve a culture that supports the emergence of an advanced human civilization.
This is fantastic, and I want to know how we synthesize this with the notion of the hard bifurcation. I’m going to have to listen to this a few more times!
Hard Bifurcation is why the military budget just increased 50%. Prices can not solve the problem and if you let them try, you will get a lot more inflation!
Great interview! I guess the “behind the scene guys” behind all this economic planning are maybe the elusive “Mr. Global”?
What a Dream Team – thank you.
Hi All,
I’m halfway through the video atm. I need to get this in print before I move on.
Re inflation, I tend to think of it as more of a 3D problem with the orthogonal axis beginning with groceries etc and then moving onto the major consumer purchases of cars and houses further out along that axis.
Then the movement of activity outwards has the I/O matrix managing flows between sectors including FIRE and Gov.
Re early 2020 the velocity of money fell because the money was trapped in the banks and company accounts and took a while to leak out into consumer’s wallets. I’d be interested to hear thoughts on whether it surfaces in real estate prices, because I’m unsure where else it could go.
Another question is the link between real GDP and KWh per capita. There is a strong link between these, and as far as I can tell KWh per capita peaked around 2005 in the USA, so I’d be interested to hear any thoughts on that, and how that might link to inflation/mV.
Really great discussion thus far. I’m looking forward to the second half.
Glad you are enjoying it Richard. Will ask Carlos to come in and respond.
As a middle-class income family, I appreciated the seasonal inflation data; but I appreciate anything that can help me navigate and prepare. It does, however, get a bit tricky when so much information is geared toward the wealthy.
To confuse things even more: If I understood it correctly some of their forecast is with the Iran war ending, which will cause disinflation for a while. Michael Yon doesn’t think the war will end. So, … How to plan with so many unknowns? If the war continues, will their forecasts be wrong?
Alasdair McCleod and Egon Von Greyerz are calling for hyperinflation. Michael Oliver and many others are calling for commodity prices to continue to rise; yet, Ed and Carlos are saying oil will drop due to China’s difficulties.
Mises said: Once the printing starts the printing has to continue. Why does the FED want 2% inflation? Inflation is just hard on the working man. As pointed out, our income doesn’t rise at the rate of inflation. It seems to me the only reason to want 2% inflation would be to destroy any wealth in society.
Thank you, Catherine, Ed, and Carlos for educating me more. Much appreciated.
Carlos does an excellent job of just sticking to the data and math.
I was wondering if the drop in medical in the 2020 time frame aligns up with the xax rollout. So, the drop in medical costs is because of the increase deaths from the shot. Could that drop also be the result of more people leaving the medical establishment for more homeopathic and natural options. Similar to the lock-downs allowed parents to see what was being taught in school, so there was a rise in homeschooling. When people saw how corrupt the medical establishment had become, they left traditional medicine for alternative.
Yes, time for a major walk out to economic pathways.
I need to watch this a few more times to shake off old learning. Thank you, I found it very helpful!
Seeing the slides 17 and 18 with graphs showing the rising healthcare costs put things into perspective. Thank you.
This is fantastic, and I want to know how we synthesize this with the notion of the hard bifurcation. I’m going to have to listen to this a few more times!
Hard Bifurcation is why the military budget just increased 50%. Prices can not solve the problem and if you let them try, you will get a lot more inflation!
Great interview! I guess the “behind the scene guys” behind all this economic planning are maybe the elusive “Mr. Global”?
What a Dream Team – thank you.
Hi All,
I’m halfway through the video atm. I need to get this in print before I move on.
Re inflation, I tend to think of it as more of a 3D problem with the orthogonal axis beginning with groceries etc and then moving onto the major consumer purchases of cars and houses further out along that axis.
Then the movement of activity outwards has the I/O matrix managing flows between sectors including FIRE and Gov.
Re early 2020 the velocity of money fell because the money was trapped in the banks and company accounts and took a while to leak out into consumer’s wallets. I’d be interested to hear thoughts on whether it surfaces in real estate prices, because I’m unsure where else it could go.
Another question is the link between real GDP and KWh per capita. There is a strong link between these, and as far as I can tell KWh per capita peaked around 2005 in the USA, so I’d be interested to hear any thoughts on that, and how that might link to inflation/mV.
Really great discussion thus far. I’m looking forward to the second half.
Glad you are enjoying it Richard. Will ask Carlos to come in and respond.
As a middle-class income family, I appreciated the seasonal inflation data; but I appreciate anything that can help me navigate and prepare. It does, however, get a bit tricky when so much information is geared toward the wealthy.
To confuse things even more: If I understood it correctly some of their forecast is with the Iran war ending, which will cause disinflation for a while. Michael Yon doesn’t think the war will end. So, … How to plan with so many unknowns? If the war continues, will their forecasts be wrong?
Alasdair McCleod and Egon Von Greyerz are calling for hyperinflation. Michael Oliver and many others are calling for commodity prices to continue to rise; yet, Ed and Carlos are saying oil will drop due to China’s difficulties.
Mises said: Once the printing starts the printing has to continue. Why does the FED want 2% inflation? Inflation is just hard on the working man. As pointed out, our income doesn’t rise at the rate of inflation. It seems to me the only reason to want 2% inflation would be to destroy any wealth in society.
Thank you, Catherine, Ed, and Carlos for educating me more. Much appreciated.
Carlos does an excellent job of just sticking to the data and math.
I was wondering if the drop in medical in the 2020 time frame aligns up with the xax rollout. So, the drop in medical costs is because of the increase deaths from the shot. Could that drop also be the result of more people leaving the medical establishment for more homeopathic and natural options. Similar to the lock-downs allowed parents to see what was being taught in school, so there was a rise in homeschooling. When people saw how corrupt the medical establishment had become, they left traditional medicine for alternative.
Yes, time for a major walk out to economic pathways.
I need to watch this a few more times to shake off old learning. Thank you, I found it very helpful!
Seeing the slides 17 and 18 with graphs showing the rising healthcare costs put things into perspective. Thank you.