of course, economist peter earl also gave us his views on why russia is starting to prioritize its eastern customers on the energy market. i think at this point i've given that it's a mid december or week before christmas, these issues i've already been pushed off to spring or summer of 20. 22 could certainly be viewed as reckless. but the political nations, these political leaders of these nations definitely think there are strategic issues that are more important and energy access right now. and eventually those political leaders will have to answer its voters for the decisions they're making. now, i'm sure the russian decision to engage mongolia and china beyond that rests on a number of political and economic calculations. but in light of the growing tension between the u. s. and rush over and ukraine. yeah, probably means russia right now is more inclined to look east at present. the primary meaning of that of that deal is that mongolian, russia are building relationships which once established may take priority over former relationships. other russia had, with europe. russia basicall

like when it predicted 3 years ago that big coins, meteoric rise, would ent, economic researcher, peter earl, shared some of his own predictions for us. there's 3 really major issues that will play out 2022 and will probably affect the entire world. one is how governments respond to any new covariance. a 2nd is what happens with inflation. and 3rd, whether or not the ongoing supply chain problems are resolved. if governments continue to be heavy ended regarding the, the pandemic, if inflation continues or, or worse at accelerates. and if supply chains remain fractured or, or worse than other could be some serious shocks i had for next year, few and small steps towards the green economy. i have demonstrated that it's very hard to overestimate the role that are hydrocarbons play in the modern world. if anything, the shift if it's want to proceed should proceed more slowly to accelerate it would mean more market disconnections, which would mean higher oil prices, higher gasoline prices. the white house is blaming a surgeon lawlessness in the u. s. on the pandemic press, secretary and saki sites

still hesitant to take serious action to curve the spike, such as raising interest rates. economist peter earl says that higher inflation drives people to take on debt. there's a view that low level inflation is, is good for the economy. i'm not sure i subscribe to that, but certainly the kind of the place we're seeing now is a very pernicious that makes life doubt as many aspects of the economy in many ways in the pandemic, or rather, the central banking response of the band i make is the main factor i that's great in the place right now. last year, the federal reserve increase the years wanted to supply by between 30 and 40 percent. and the root cause inflation is lots of money chasing the same are fewer goods and services. so that's the main one that is going to try to lift interest rates to tap down this in place, but they can't do they stop to open market bond purchase as name said they won't stop back until april or may of next year. so it's gonna be a while this employees may get a bit higher before they're able to do that. they don't even really benefit from high inflation, systematica

i spoke to economists, peter earl, he says the higher inflation drives people to take on more debt. there's a view that low low level inflation is, is good to the economy. i'm not sure i subscribe to that, but certainly the kind of inflation we're seeing now is very pernicious and it breaks down as many aspects of the economy in many ways the pandemic, or rather the central begging response to the panoramic is the main factor that's creating in place right now, last year the federal reserve increased the years. one is our supply by between 30 and 40 percent, and the root cause inflation has lots of money chasing the same are fewer goods and services. so that's the main one that is going to try to lift interest rates due to tamp down to this question, but they can't do they stop to open market bond purchases and they said they won't stop that until april or may of next year. so give me a while, was in place, may get a bit higher before they're able to do that. they don't even really benefit from high inflation, systematically or creditors. because if you take debt and inflation rises

peters gets off a shot behind the left ear of earl van dorn. hy would you turn your back on a man that meant to harm you, all right? i believe that dr. peters -- it would indicate, and i could be wrong -- that dr. peter was simply trying to get across to make sick calls and the staff thought nothing of it, to see the general. and the staff, he got away, he made it to union lines. believe it or not. me. interestingly enough -- i've got to wrap this up, you are being very gracious with me -- interestingly enough, jesse gives birth to a baby girl on january 26th, 1864. would you like to do the math with me? >> [laughs] >> in 1866, dr. peters files for divorce, citing abandonment on may 17th, 1863. the couple reconciled a couple of years later. they sell their home and move to memphis with george passing in 1889 and jesse passing in 1921. that would be an interesting grave to look up. mud aura, the daughter's name, reportedly took care of the doctor on his sick bed. that was the point of their splitting in the first place, i'm sure. in conclusion, l

peters gets a single shot to the backside behind the left ear of earl van dorn. hy would you turn your back on a man who came to haunt you? i believe dr. peters and this would indicate that dr. peters was a simply to getting a pass to go through the line to make sick calls in the staff thought nothing about it when he went in there. it's nothing unusual. he got away and he made it to union lines believe it or not. interestingly enough and i've got to rap this up. you're being very gracious with me. interestingly enough jesse gives birth to a baby girl on january 26, 1864. would you like to do the math with me? [laughter] in 1866 dr. peters files for divorce citing abandonment on the base at may 7, 1863. a couple reconciled though a couple of years later and georgian jesse sold their springfield home and 73 and moved to memphis with george passing in 1889 and jesse passing in 1921. ironies of all ironies. the daughter reportedly took care of the doctor on his stick bed. that was the point if there's splitting in the first place i'm sure. in conclusion ladies and ge

when there's some financial discipline put in, will be a tremendous buy, but not until earl want leaving. >> peterly, watching what's happening here with the central bank, watching what is hatching with interest rates right now, what would your recommendation about he? >> i think the yield curve has also flattened, because that's what typically happens with the benefit of hindsight, the markets have done great. the stock market hag run into potholes when the fed has tightened. now we're ahead of a tightening cycle, which means there will be a bumpier ride for the markets we're attracted to lower multiple stocks and now would be more suspect i still believe inflation will be more persistent and you said to be in commodity stocks like energy and ag, as a defense against that, and i'm pretty bullish on asian emerging markets. >>> rick, i don't think they're taking your advice very soon >> no, i don't think they are, unfortunately. >>> we'll rejoin this conversation thank you, guys. >>> cramer on the red arrows to start the holiday shortened week, and what to do about it. >>> check out the faang stock

earl and countess of wessex and the duke and duchess of gloucester. let's return to pope francis's christmas day urbi et orbi speech to the world from st peter's square.udies at the university of birmingham. and hejoins us now. a merry christmas to you, professor davis. and you as well.— christmas to you, professor davis. and you as well. happy christmas. thank ou and you as well. happy christmas. thank you so _ and you as well. happy christmas. thank you so much _ and you as well. happy christmas. thank you so much for— and you as well. happy christmas. thank you so much for taking - and you as well. happy christmas. thank you so much for taking time j thank you so much for taking time out of this important day to talk to us. what was the central message from pope francis that was different from pope francis that was different from what we might have heard in the past? he from what we might have heard in the ast? . , from what we might have heard in the ast? ., , ., ~' ., ., from what we might have heard in the ast? .,, ., ~ ., ., past? he was thanking all of those workin: in past? he was thanking all of those working in humanitarian _ past? he was t

earl van dorn. now why would you turn your back on a man that meant to harm you? so i believe that dr. peters, it would indicate, that dr. peters was simply attempting to get a pass to go through lines to make sick calls and the staff thought nothing about it when he went in there and to see the general, because that's nothing unusual, when he shot him. the staff, he got away. he made it to union lines, believe it or not. interestingly enough, i have to wrap this up. they're being very gracious with me. interestingly enough jesse gives birth to a baby girl on january 26, 1864. would you like to do the math with me? in 1866 dr. peters files for divorce citing abandonment on the date of may 7, 1863. the couple reconciled, though, a couple years later and george and jesse sold their springfield home in '73 and moved to memphis with george passing in 1889 and jesse. that would be an interesting grave to look up. the daughter reportedly took care of the doctor on his sick bed. that was the point of their splitting in the first place, i'm sure. in conclusion, the reported blood stains in the house

peter alexander. >> reporter: it was august 2013 when a massive explosion tore a 60-foot hole in the perimeter wall of master sergeant earlmley's base in afghan those wearing suicide vest stormed in what's going through your hid at the moment >> the right guy at the right place. >> reporter: the soldiers did not retreat but headed toward the attackers. outnumbered and armed with only a pistol as bullets wizzed by his head, the green beret shot two assailants before shotting a third moments before the attacker started his vest >> started sprinting toward me i remember his eyes being incredibly wide. i remember feeling the pain from the blast in my bones. >> reporter: he was injured but kept fighting and carried a wounded soldier to safety. how did you not get shot >> i do not know >> reporter: sergeant-major tony bell says plumley's courage likely saved hundreds of lives >> the call to action is different. and earl felt that hoe didn't look to see who he was trying to protect. he was just protecting people. >> reporter: also honored, christopher soliz. who sacrificed his life to shield his team from enemy gun fire in afgha