Description

The Federal Reserve has raised rates for the 7th time in a decade. The latest FOMC statement and the Fed’s move here tells us a lot. The Fed really does believe the economy is strong and that it is fundamentally and structurally strong. The Fed thinks the band aids put on our economy in 2008 actually fixed things. This sort of arrogance is very destructive and will lead to the next collapse. Stay tuned.

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Meet the hosts

I farm and work on a feedlot just outside of Billings, MT. My dad and I will feed up to 8,000 head of cattle every year at the feedlot. As of September 20th I launched a podcast on iTunes where I talk about the current issues of the day. My mantra is defending the free market and making the moral case for capitalism! My show is weekly and is available on iTunes, Stitcher and your web browser.

discussions

  • I’ve been following Daniel Amerman’s writings for the past 3 or 4 years. He’s very insightful. His interpretation of fed policy I think is unique and he’s been able to predict their actions pretty well over the last two years. Financial repression is job 1, hyperinflation is unlikely but accidents happen, and asset/liability strategies like the big boys use are the only way to protect yourself. Higher taxes, and more currency controls on the way.

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  • I’m assuming there must be some form of human value behind the dollar for it to be legitimate, and I’ve always thought inflation to be a consequence of arbitrarily increasing the money supply. But how can the Fed go about distributing that money?   Unless… Do they just get on tall buildings and make it rain in the streets?   Seriously though, what are the channels for getting newly printed money into rotation?

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