welcome back to the kaiser report imax keyser time now to continue with our conversation with wolf rector of wall street dot com a must read web site every day check it out wolf welcome back my pleasure max now i want to pick up on something from our previous segment about inflation versus deflation and how we've got potentially an inflation being driven by things like chip shortages or what we just recently saw in the suez canal total blockage of the canal for 12 days and the supply chains are interrupted mightily and you know people say well inflation is always a monetary event that's a. phrase you hear and people accept that to be the story but there is another side of this if you have these shortages and disruptions in the supply chain crashes everywhere you get a different kind of inflation and it's just as pernicious and just as i believe right wolf if there is shortages have generally a temporary impact if stay like this is canal saying you know when it goes back on track to be a delay and it is ok prevention and it will get the car really fast will get the parts. when the psycholo

welcome back to the kaiser report imax keyser time not to go to wall factor of all straight dot com one of the best market analyst on the web is check him out wolf welcome back my pleasure max all right now the by the administration just passed a $1.00 trillion dollars package stop planning a $2.00 trillion infrastructure plan another church elements to me last and to wipe out one showing of student debt how's this all going to work out it's going to be ok. if we just passed i have $28.00 trillion dollars. national debt of the united states $28.00 trillion dollars is. i mean that's not by $4.00 trillion dollars from a year ago so now we're looking at another i don't know 5 trillion dollars. a year to to add to this. so far it's been ok you know so far so good. it is starting to be a ceasefire and. you know. what are we going to do with it in the future so so far so good means right now we're ok obviously the yields are pretty low the central bank said it's control and that can control it. but. when experimental and here you know michael burry who did that story about the big short he wa

welcome back to the kaiser report imax keyser time medica to charles 2 smith the name of his website is of 2 minds dot com charles welcome back thank you max always my pleasure all right in out in everett to paste about america's quote fatal synergies what does this mean ok that's a phrase that i borrowed from a historian who looked at the 1600s which was a century of just an indian war or conflict revolution uprisings you name it from asia to china i mean from europe to china so he was trying to figure out why societies fell apart and of course part of it was there was a kind of mini ice age where you know the weather cooled off and and there were disruptions and agriculture but he identified other issues that that caused some societies to collapse and he called these fatal synergies and the other on the other end are what he called the 9 synergies where the society kind of has the resources and and cultural values to pull together and get through the crisis so it seems to me that america's got a preponderance of fatal synergies you know like. a totally rapacious over controlling el

welcome back to the kaiser report imax keyser time out to go to rick ackerman of rick ackerman dot com is a former market maker turned stock picker and newsletter publisher rick welcome back max thanks for inviting me on always a pleasure now you write that biden's $2.00 trillion dollar project that he's working on is a trojan horse what i mean by that supposedly about 5 percent of that money is for potholes roads and bridges and the other 95 percent is in one way or another toward what we call social engineering and there's even a little bit of weather control when they're so i'm afraid that this 2 point truly in dollar stores or kit is just a down payment on an environmental plan that could cost a lot more no boondoggle left behind it seems like we're getting back to the a period in american economic history of boondoggles and because the folks who put those up of course make a lot of money at the expense of the taxpayer looks like taxes are going up across the board wreck what do you think just great you know the stock market hasn't figured that out yet if they're serious about rais

welcome back to the kaiser report imax keyser time now to return to our conversation with lonsdale part independent bester and prolific twitter matt lawrence nice to see you again i see america thanks for having me on the show and we've been talking about for folly aus and how to position and you've got 2 major things one that you don't have any more bond vigilantes giving any kind of true price discovery to the bond market you know have any gold vigilantes giving any true price discovery to the gold market you have a lot of money printing. cohen of course is reflecting that money printing but hat so how do you physician airpark follow the arrow what's the mix that's a great question mark you know last month has traditionally been a gold sun and that's the world it's a problem. only about a dozen i got involved in 2013 my 1st away has grown over time and songwriting it's grown over time i think it really depends on everybody's individual risk profile and preferences. you know as i say gold is enlarge money you know it's a bear it's a bear or security you can take it with you can hide it

welcome back to the kaiser report imax keyser time now to return to our conversation with john boehner dollar collapse dot com welcome back john so many who voted for biden are expecting analysts start demanding universal basic and calm the president does say he wants to start giving guaranteed monthly checks for every child what do you think of this drive toward u.b.i. or m.m.t. similar will that help the u.s. compete against china i've never thought of it in those terms you know i tend to think of expanding government spending as a response to the fact that we took on too much money to cover previous or too much debt to cover previous balance of of overspending so that we have no choice now but to print and hand to the banking system more money year after year after year to keep the economy afloat because all the previous that we took on is going to blow up otherwise so yeah you be are we part of it a big infrastructure plan a big part of it. pretty much any other kind of spending you can think of and debt forgiveness will all be part of is that you know they're going to have to give

welcome back to the kaiser report imax keyser time now to return to our conversation with john boehner dollar collapse dot com welcome back john so many who voted for biden are expecting analysts start demanding universal basic and calm the president does say he wants to start giving guaranteed monthly checks for every child what do you think of this drive toward u.b.i. or m.m.t. similar will that help the u.s. compete against china i've never thought of it in those terms you know i tend to think of expanding government spending as a response to the fact that we took on too much money to cover previous or too much debt to cover previous balance of of overspending so that we have no choice now but to print and hand to the banking system more money year after year after year to keep the economy afloat because all the previous that we took on is going to blow up otherwise so yeah you be are we part of it a big infrastructure plan a big part of it. pretty much any other kind of spending you can think of and debt forgiveness will all be part of is that you know they're going to have to give

welcome back to the kaiser report imax keyser time now to return to our conversation with john boehner dollar collapse dot com welcome back john so many who voted for biden are expecting analysts start demanding universal basic and calm the president does say he wants to start giving guaranteed monthly checks for every child what do you think of this drive toward u.b.i. or m.m.t. similar will that help the u.s. compete against china i've never thought of it in those terms you know i tend to think of expanding government spending as a response to the fact that we took on too much money to cover previous or too much debt to cover previous balance of of overspending so that we have no choice now but to prince and hand to the banking system more money year after year after year to keep the economy afloat because all the previous that we took on is going to blow up otherwise so yeah you be are we part of it a big infrastructure plan a big part of it. pretty much any other kind of spending you can think of and debt forgiveness will all be part of this that you know they're going to have to g