Podcasts about fed board

Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG. William English's work at the Yale Program on Financial Stability: https://som.yale.edu/faculty-research/faculty-directory/william-b-english William English's co-authored new book, “Monetary Policy Responses to Post-Pandemic Inflation”: https://cepr.org/about/news/press-release-new-cepr-ebook-monetary-policy-responses-post-pandemic-inflation William English's co-authored Chapter on the Fed's Balance Sheet: https://www.elgaronline.com/edcollchap/book/9781800375321/book-part-9781800375321-7.xml William English's 2012 paper on the rationale and effects of QE: https://www.federalreserve.gov/econres/feds/the-federal-reserve39s-large-scale-asset-purchase-programs-rationale-and-effects.htm “Interest Rate Risk and Bank Equity Valuations”: https://www.federalreserve.gov/econres/feds/interest-rate-risks-and-bank-equity-valuations.htm Follow VanEck on Twitter https://twitter.com/vaneck_us Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ __ Timestamps: (00:00) Introduction (01:31) Fiscal Policy & Monetary Policy Never Really Were Separated. But It Would Nice If They Were (03:49) Do High Interest Rates Dissuade Government Borrowing? (07:09) The Fed Doesn't Like To Discuss Fiscal Policy (09:53) The Fed's Balance Sheet Expansion of 2020 & 2021 (13:57) The Effects of Quantitative Easing (QE), In Theory And Practice (18:59) I Don't Remember Us (The Fed) Thinking A Lot About Negative Interest Rate Policy (NIRP) (23:41) VanEck Ad (24:22) The October 2008 Decision To Allow The Fed To Pay Interest On Reserves Assisted the Implementation of Quantitative Easing (QE), Which Began ~1 Month Later (29:15) The Striking Thing About The Asset Purchases Was The Size (32:32) Forward Guidance vs. QE: Which Is More Powerful, And Which Has More Knock-on Effects? (36:27) Forward Guidance Is More Powerful When Initial Market Expectations About Future Policy Rates Are Incorrect (44:37) Flexible Average Inflation Targeting (FAIT) Framework Adopted By The Fed In 2020 (52:48) Fast QE & Slow QT = Secular Rise In Size of Fed Balance Sheet (57:27) Fed's Decision To Slow Pace of QT Was Due To Desire To Avoid a "Snafu" In Money Markets Such As In September 2019 (01:02:36) The Bernanke Doctrine: Should Interest Rate Policy & Balance Sheet Policy Always Be Pointed In The Same Direction? (01:07:12) If Balance Sheet Policy Is Moving The Opposite Direction Of Interest Rate Policy, Does That Weaken The Signaling Impact Of Balance Sheet Policy? (01:11:50) Lowest Comfortable Level of Reserves (LCLoR) (01:19:34) Impact Of Interest Rate Movements On Bank Equity Valuations __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Tribute service in Atlanta for former first lady Rosalyn Carter, Rep Garcia (D-CA) introduces resolution to expel Rep. Santos (R-NY), Senate leaders on aid to Ukraine and U.S. border security, more hostages released by Hamas, Fed Board member Waller on economy and interest rates, U.S. Capitol Christmas Tree lighting. Learn more about your ad choices. Visit megaphone.fm/adchoices

Interview with Politico's Ari Hawkins on President Biden trip to the G20 Summit in India (4), Senate Majority Leader Schumer starts process to debate FY2024 spending bills, Senate confirms FCC and Fed Board nominees, former Trump adviser Peter Navarro on his contempt of Congress trial. Learn more about your ad choices. Visit megaphone.fm/adchoices

From China's spy balloon and its increasing support for Russia to a new White House executive order on China competition and a possible visit to Taiwan by the new speaker of the House, there are plenty of reasons that U.S.-China tensions have been increasing in recent weeks. At the same time, China's economy is reopening after its long period of COVID-related isolation. Jeff Kleintop, Schwab's chief global investment strategist, joins host Mike Townsend to discuss what all of these developments mean for the markets and investors. They discuss how investors should think about geopolitical tensions and how to take advantage of opportunities overseas.Mike also provides an update from Washington on the unexpected opening at the Fed Board of Governors, as Vice Chair Lael Brainard steps down to take a key White House position. And he shares the latest on the debt ceiling and a potential default timeline, as well as a decision by the SEC to speed up settlement times for stock trades. WashingtonWise is an original podcast for investors from Charles Schwab. For more on the series, visit Schwab.com/WashingtonWise.If you enjoy the show, please leave a ★★★★★ rating or review on Apple Podcasts. Important DisclosuresInvestors should consider carefully information contained in the prospectus or, if available, the summary prospectus, including investment objectives, risks, charges, and expenses. Please read it carefully before investing.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed. Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.All corporate names are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.Indexes are unmanaged, do not incur management fees, costs and expenses and cannot be invested in directly. For more information on indexes please see www.schwab.com/indexdefinitions.Past performance is no guarantee of future results and the opinions presented cannot be viewed as an indicator of future performance.Investing involves risk, including loss of principal. International investments involve additional risks, which include differences in financial accounting standards, currency fluctuations, geopolitical risk, foreign taxes and regulations, and the potential for illiquid markets. Investing in emerging markets may accentuate these risks.Commodity-related products carry a high level of risk and are not suitable for all investors. Commodity-related products may be extremely volatile, illiquid and can be significantly affected by underlying commodity prices, world events, import controls, worldwide competition, government regulations, and economic conditions.(0223-3RUK)

John Solomon and Amanda Head host ‘Just the News, Not Noise' delivering the pressing news of the day and giving you Information without indoctrination while rising above the rhetoric. Interviews with Sheriff Mark Lamb (R-AZ), Former Reagan Economic Advisor Dr. Arthur Laffer, Pennsylvania State Senator and GOP Gubernatorial Nominee Doug Mastriano, Rep. Ralph Norman (R-SC), Republican Gubernatorial Primary Candidate David Perdue (R-GA), and America First Legal's Spokesperson, John Zadrozny. To see the daily show, go to americasvoice.news each Monday through Friday at 6pm Eastern Time or watch any time at JustTheNews.com/tv.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Senate has confirmed President Biden's nominee Lisa Cook to serve on the Federal Reserve Board of Governors. The economist will be the first Black woman ever to serve on the board. Also, Marketplace’s China correspondent Jennifer Pak checks in from Shanghai, which is still in COVID lockdown and actually increasing restrictions. And, hear from a company that makes compact shelters for those experiencing homelessness in Washington state. Your donation powers the journalism you rely on. Give today to support Marketplace Morning Report.

The Senate has confirmed President Biden's nominee Lisa Cook to serve on the Federal Reserve Board of Governors. The economist will be the first Black woman ever to serve on the board. Also, Marketplace’s China correspondent Jennifer Pak checks in from Shanghai, which is still in COVID lockdown and actually increasing restrictions. And, hear from a company that makes compact shelters for those experiencing homelessness in Washington state. Your donation powers the journalism you rely on. Give today to support Marketplace Morning Report.

Welcome Back! On this Monday's episode of Morning Briefing, we study the importance of communing with the Lord as we enter a new season. We give updates on Ukraine-Russia and the growing concern of US military involvement and increased funding bills coming out of the Senate this week. We shift to concerns from DHS around the handling of the Southern Border and the introduction a new disinformation board to create redundant procedures within DHS. We close out with news to pay attention to in the coming days, as the Fed Board meets to discuss interest rate hike coming later this week.   Join us as we breakdown the news of the day to stay focused on our prayer points. #checkouremotionsatthedoor #wehavesoulstosave   Verse of the Day: Luke 24 (NASB) 44 Now He said to them, “These are My words which I spoke to you while I was still with you, that all things which are written about Me in the Law of Moses and the Prophets and the Psalms must be fulfilled.” 45 Then He opened their minds to understand the Scriptures   Links: Mayorkas: Disinformation board won't monitor American citizens Pelosi leads surprise congressional visit to Ukraine, meets Zelenskyy LIVE UPDATES: Russia Says Carried Out Dozens of Strikes of Military Targets in Eastern Ukraine UK Defence Secretary warns Vladimir Putin could declare a new world war within days Pollak: Biden Takes High Risks in Escalating War with Russia in Ukraine Germany Can Cut Reliance on Russian Crude Oil by Summer: Officials Chinese Regime Locks Down World's Largest Wholesale Hub Under its Zero-COVID Policy Dem Senator Menendez: Title 42 Is ‘Part Of The Problem' Mayorkas cites misinformation about Homeland Security's disinformation board Here's Your Disinformation: Now Psaki Is Claiming That TRUMP Started Biden's Thought Police Board Federal Reserve meeting, April jobs report: What to know in markets this week Economy Week Ahead: Federal Reserve, Interest Rates and Employment in Focus Dinesh D'Souza's '2000 Mules': Ballot trafficking exposé has the evidence; can it get a hearing?     Intercession Points for 5/2: “Take communion during this time and ask the Lord to bring you into a new place of seeing Him.” - Reordering Your Day by Chuck Pierce Intercede for the Biden Administration to have the fear of the Lord and listen to the Holy Spirit when dealing with Russia-Ukraine, Israel & China. Intercede for both Rep. & Dem Congressional and Senate leaders to stand against this Bernie Sanders spending bill that the Lord has shown will cripple the next 3-4 generations. Intercede for wise leaders to surround President Biden and advise him on securing our southern border. If you have any dreams for the President, please email us at pip@christiancentershreveport.com.

In this episode Scott discusses the Fed Board Member saying to expect 7 25 basis points raises this year in the Fed Funds overnight interest rate.

In this episode Scott discusses the Fed Board Member saying to expect 7 25 basis points raises this year in the Fed Funds overnight interest rate.

In this episode Scott discusses the Fed Board Member saying to expect 7 25 basis points raises this year in the Fed Funds overnight interest rate.

In this episode Scott discusses the Fed Board Member saying to expect 7 25 basis points raises this year in the Fed Funds overnight interest rate.

In this episode Scott discusses the Fed Board Member saying to expect 7 25 basis points raises this year in the Fed Funds overnight interest rate.

In this episode Scott discusses the Fed Board Member saying to expect 7 25 basis points raises this year in the Fed Funds overnight interest rate.

In this episode Scott discusses the Fed Board Member saying to expect 7 25 basis points raises this year in the Fed Funds overnight interest rate.

In this episode Scott discusses the Fed Board Member saying to expect 7 25 basis points raises this year in the Fed Funds overnight interest rate.

In this episode Scott discusses the Fed Board Member saying to expect 7 25 basis points raises this year in the Fed Funds overnight interest rate.

In this episode Scott discusses the Fed Board Member saying to expect 7 25 basis points raises this year in the Fed Funds overnight interest rate.

Dominique Dwor-Frecaut is a macro strategist for Macro Hive based in Los Angeles. She has been producing alpha generating trade ideas in FX and rates in EM and G10 at established and startup macro hedge funds in the US since 2011, including at Bridgewater. She has also produced in depth analysis of central banks policies and procedures drawing on her experience at the New York Fed, the IMF and the World Bank as well as on the buy and sell side. Before moving to the US, she covered Asian and global EMs at Barclays capital, ABN AMRO and RBS from Singapore. She holds a PhD in economics from the London School of Economics. In this podcast we discuss: Why Powell and the Fed reacted late to inflation, comparison to Volker period, if the Fed has a framework, and how strong the Fed Board is. She further discussed why the US labour market is weaker than most think, why structural inflation is still low, why the US will enter a recession, unintended consequences of Russia-Ukraine War, and much more.

Kaleb Nygaard is a senior research associate at the Yale Program on Financial Stability and runs the website Centralverse, a place where all things central banking are made clear. Kaleb is also a former Chicago Fed staffer. Kaleb joins David on Macro Musings to discuss the governance and institutional details of the Federal Reserve System. Specifically, Kaleb and David get into President Biden's nominations to the Fed Board of Governors, the nomination process at the Fed, what is driving the short tenures of Fed Governors in recent years, how regional bank presidents get elected, how social media has impacted the problem of groupthink at the Fed, and much more.   Check out Ideas of India: https://www.discoursemagazine.com/tag/ideas-of-india-podcast/, and subscribe to Ideas of India on your favorite podcast app.   Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings   Kaleb's Twitter: @KalebNygaard Kaleb's website: https://kalebnygaard.com/   Related Links:   *Restoring the Promise of Federal Reserve Governance* by Peter Conti-Brown https://www.mercatus.org/publications/monetary-policy/restoring-promise-fed-governance   *Board Diversity Matters: An Empirical Assessment of Community Lending at Federal Reserve-Regulated Banks* by Brian D. Feinstein, Peter Conti-Brown, and Kaleb Nygaard https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4000110   David's Twitter: @DavidBeckworth David's blog: http://macromarketmusings.blogspot.com/

Guests: Joe LaVorgna, Natixis CIB Chief Economist of the Americas and Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

U.S. President Joe Biden renominates Jay Powell for a second term as Federal Reserve Chair. Lael Brainard gets the nod for Vice-Chair, after weeks of speculation that as the Fed Board's only Democrat she could have been chosen for the top job. Biden stressed the need for the central bank's continued neutrality and independence. The S&P 500 and the Nasdaq hit fresh record highs but investors are now focused on the Fed's schedule for rate hikes. In corporate news, video-conferencing firm Zoom beats quarterly expectations and issues a better-than-expected outlook. However, shares are down on slowing revenue growth due to workers returning to offices. And the U.S. is set to release crude from its strategic reserves today in a bid to lower petrol prices. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Big XRP news today as JP Morgan analysts say if Ripple wins the SEC lawsuit XRP is poised for significant adoption. Former democratic presidential candidate Hillary Clinton spoke about Bitcoin and crypto's ability to weaken governments. Bitcoin is electronic gold says Christopher W, Fed Reserve Board. WisdomTree is looking to bring more crypto products to investors in 2022 while also focusing on how blockchain can change the financial world more broadly. Crypto asset manager plans to raise hundreds of millions to actively invest in NFTs.RIPPLE'S MONICA LONG INTERVIEW- https://youtu.be/iQ-228Jfpww

President Biden will have at least three seats to fill on the seven-member Federal Reserve Board of Governors; Stock trading app Robinhood says it suffered an apparent ransomware attack; at COP26, developing nations pressing for ‘loss and damage' language - November 9, 2021

There are some key vacancies at the Federal Reserve. On Monday, Randal Quarles, a member of the Fed's Board of Governors, announced he's stepping down. With Quarles' resignation, President Biden will have at least three seats to fill on the seven-member Fed Board of Governors. Some new research shows a shift in how people view the process of getting a loan. We also look into the lingering impact that abandoned, dormant oil wells can have.

There are some key vacancies at the Federal Reserve. On Monday, Randal Quarles, a member of the Fed's Board of Governors, announced he's stepping down. With Quarles' resignation, President Biden will have at least three seats to fill on the seven-member Fed Board of Governors. Some new research shows a shift in how people view the process of getting a loan. We also look into the lingering impact that abandoned, dormant oil wells can have.

Welcome to Bond Investment Mentor! This is a podcast dedicated to helping community financial institutions master the art of fixed-income investments.In this episode:Monthly prepayment report update (3:13)Federal Reserve watch (5:14)What's the timeline for tapering and rates?Article by Bill DudleyPotential changes to Fed Board of GovernorsVoting member rotation at Federal Open Market CommitteeGraduate School of Banking at Colorado programs (8:58)For more information:  BondInvestmentMentor.com/ColoradoManaging broker-dealer relationships (10:56)How many brokers should you have?Due diligence for new broker relationshipsBroker Check report - download at BrokerCheck.finra.orgManaging existing broker relationshipsNew resource!  Broker-dealer due diligence checklist (20:51)Free download at BondInvestmentMentor.com/brokersIf you have questions about anything covered in this episode, please email me at Chris @ BondInvestmentMentor.com.Do you know someone who could benefit from this information? Please share this episode and podcast with them!You will find more articles, tips, and resources about fixed-income investing and portfolio management at BondInvestmentMentor.com. Check it out!Let's Connect via Social Media!LinkedIn: Christopher Nelson, CFAFacebook: Bond Investment Mentor 

Proverbs 22:7 "The rich rule over the poor, and the borrower is slave to the lender."Questions or comments about the information in this episode? Contact us at thehistoryof365@gmail.com.Check out our YouTube channel here and our Instagram here.Resources:Definition of FR Banking Explaining FR BankingDefining MoneyAbout Credit UnionsDefinition of Full Reserve BankingThe Rothschild FamilyAlexander HamiltonKeesee, T., & Sidwell, M. (2012). United States History Fourth Edition. Greenville, SC: BJU Press.About the Panic of 1873Another Source About the Panic of 1873About the Panic of 1907Federal Reserve ActAbout the Federal Reserve ActHistory of the FedGriffin, G. E. (2010). The Creature From Jekyll Island. Westlake Village, California: American Media.Fed Board of Governors TimelineAnnuit CoeptisNovus Ordo SeclorumAbout the Gold StandardFR Banking in the 1800s -1930sAbout the Dollar BillAbout the 1944 Bretton Woods AgreementGreat RecessionOfficial Bitcoin WebsiteAbout Bitcoin Count

Danielle DiMartino Booth, author of Fed Up: An Insider’s Take on Why the Federal Reserve is Bad for America, talks about how the Federal Reserve should be “upended” and rebuilt from the inside out so it can benefit more people, not just Wall Street. The book is a candid tale from an insider’s perspective on how the Fed impacts everything Americans do, and aims to connect the dots, in layman’s terms, so that every generation — from millennials to baby boomers, understands the intricacies of the financial industry. DiMartino says that the financial crisis didn’t generate enough lessons for the government or Wall Street, but that, “the time has come to question orthodoxy.” DiMartino hopes the new administration can fill two current open seats at the Fed Board that will hopefully, reintroduce dissent. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this special bonus episode of Macro Musings, David Beckworth joins Employ America and several other monetary policy enthusiasts on the day of the July FOMC meeting to discuss what would be an historic event –  the first interest rate cut executed by the Fed since December 2008, and the market reactions to this event.  In addition to their discussion of this eventual rate cut, David and the other Fed watchers also get a chance to talk about Judy Shelton’s nomination to the Fed Board of Governors, the significance and aftermath of the recent Humphrey Hawkins hearing, how the Fed’s decision to cut parallels the European Central Bank, and more.   Transcript for the episode: https://www.mercatus.org/bridge/podcasts/08072019/bonus-episode-watch-party-fed%E2%80%99s-historic-interest-rate-cut   Related Links:   Employ America’s home page: https://employamerica.org/   Sam Bell’s Twitter: @sam_a_bell Skanda Amarnath’s Twitter: @IrvingSwisher Sam & Skanda’s bios: https://employamerica.org/about/   Soumaya Keynes’ Twitter: @SoumayaKeynes Soumaya’s website: https://soumayakeynes.com/ Soumaya’s Economist profile: http://mediadirectory.economist.com/people/soumaya-keynes/   Ryan Avent’s Twitter: @ryanavent Ryan’s Economist profile: https://mediadirectory.economist.com/people/ryan-avent/   Nick Bunker’s Twitter: @nick_bunker Nick’s Indeed profile: https://www.hiringlab.org/author/nbunker/   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth

RIA Advisors Chief Investment Strategist Lance Roberts' fresh-content solution for vacation time; The Rise in Complacency Among Investors; with greater gains in markets, expect a greater pullback when things turn south; Raoul Pal podcast teaser: Judy Shelton on the Fed Board, and the future of Cryptocurrency; Jim Cantore in Louisiana; alligators on meth, and Breaking Bad; Market technicals--we're paying more for every dollar of earnings; Irksome things--deficits, debt, and $500k in college loans on an income of $90k.

RIA Advisors Chief Investment Strategist Lance Roberts' fresh-content solution for vacation time; The Rise in Complacency Among Investors; with greater gains in markets, expect a greater pullback when things turn south; Raoul Pal podcast teaser: Judy Shelton on the Fed Board, and the future of Cryptocurrency; Jim Cantore in Louisiana; alligators on meth, and Breaking Bad; Market technicals--we're paying more for every dollar of earnings; Irksome things--deficits, debt, and $500k in college loans on an income of $90k.

-Distracted by July 4th tanks, the President contradicts his own people on the Census citizenship question -Fed Board gives more regulatory authority, including merger approval oversight, to regional banks -Trade deficit higher than ever under Trump -Judge rules against NLRB assault on Scabby the Rat Subscribe at Patreon.com/DistrictSentinel

Protect Your Retirement by investing in Gold IRA! https://get.noblegoldinvestments.com/... Check Out The X22 Report Spotlight YouTube Channel – https://www.youtube.com/channel/UC1rn... Get economic collapse news throughout the day visit http://x22report.com Report date: 03.22.2019 The BREXIT is now delayed, we are moving closer to a a no deal BREXIT. NJ Governor signed the rain tax. Existing home sales surge, but did they. Trump pushes the agenda, the economy is roaring. Trump and the patriots are setting up the [CB] and getting ready to move us to the gold standard. Trump brings on Stephen Moore onto the Fed Board. Trump contradicts the Fed, and says its time to rebuild the infrastructure of the US All source links to the report can be found on the x22report.com site. Most of artwork that are included with these videos have been created by X22 Report and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place. Intro Video Music: YouTube Free Music: Cataclysmic Molten Core by Jingle Punks Intro Music: YouTube Free Music: Warrior Strife by Jingle Punks Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to add their photo. The X22 Report is "one man's opinion". Anything that is said on the report is either opinion, criticism, information or commentary, If making any type of investment or legal decision it would be wise to contact or consult a professional before making that decision. Use the information found in these videos as a starting point for conducting your own research and conduct your own due diligence before making any significant investing decisions.

This week Obama met with Janet Yellen, the Fed Chair. It was a private meeting with the official statement saying that the president and Yellen were exchanging notes about the economy and it's "growth". But this was right after a secret meeting of the Fed board. Perhaps the Fed is realizing the lose-lose situation they put us all in.What Did Fed Chairman Yellen Tell Obama? by Ron PaulMarch 2016 Manufacturing ISM® Report On Business®US Retail Sales Tumble Into Recession Territory Driven By Auto Sales PlungeU.S. Industrial Production Fell in MarchUS small business confidence hits new two-year lowThe U.S. education bubble is now upon usWhat the Heck are Interest Rates? by Jon TorresTom Woods Liberty ClassroomInterested in Bitcoin as an alternative to US Dollars? Use our Coinbase link!If you sign up with our coinbase link and purchase $100 in bitcoin, you will recieve an extra $10 from coinbase.The "Shift" Bitcoin debit card is through coinbase as well.Support the show by entering Amazon through our link HERE!Support the show with Bitcoin HERE!Use this address to add the Logical Anarchy Today show to your podcatcher or subscribe on iTunes!http://shoutengine.com/LogicalAnarchyToday.xml

January 22, 2015 Santiago, Chile You probably know Jim Rickards as the author of two incredibly insightful books on finance and global geopolitics: Currency Wars and The Death of Money. Jim worked on Wall Street for 35 years and has an intimate understanding of how global finance and the monetary system work. He knows and regularly talks with key policymakers at the Fed Board of Governors and US Treasury, and he testifies before Congress on financial matters. Bottom line, he’s an extremely respected person in the world of finance. Not some tin-foil hat, gloom and doom guy. When he speaks, every sensible person should listen. I have an excellent relationship with Jim, and we talk often. He’s also going to be one of the speakers at our investment event in a few months. We talked again this morning and I found the information and insights he was giving so valuable that I asked him if I could share them with you. To which he happily agreed, so I hit the record button. The stuff he shared is truly remarkable. We talk about the US economy and its fundamentals, the Fed (“The Fed has the worst models. I’m not joking, they have the worst forecasting record of all time. Over the past five years they have been consistently wrong, by orders of magnitude.”) and what they’re most likely to do (or not do). He discusses how the economy is really on a knife’s edge right now as the great battle—between natural forces that are pushing for deflation and central banks and governments that are pushing for inflation—plays out. He shares his advice on what investors are supposed to do in this environment (hint: prepare for both and hold real assets). We talk about oil prices and how the fallout from oil’s drop is likely to wipe out a significant part of the $10 trillion debt market related to oil. If the default rate hits only 10%, this means a trillion dollars is on the line. More than in the sub-prime crisis a few years ago. Jim also gives an exact number of what the price of oil is likely to hover around in the medium term and why (hint: it’s all about Saudi Arabia vs. the shale industry). He also talks about gold and how its perception is starting to change (it’s being treated as money and not as a commodity)—and much more. It’s a conversation packed with so much valuable information that it’s impossible to recap it all here—I strongly encourage you to give it a listen: http://www.sovereignman.com/investing/powerful-investment-wisdom-from-jim-rickards-the-economy-is-on-a-knifes-edge-2-15997/ The crucial takeaway here is that there are so many different and competing forces at play. And while it might all seem fine and dandy, especially in the US, people shouldn’t be lulled into a false sense of security by the temporary respite. Sure, the dollar is strong against other fiat currencies at the moment, the stock markets are at all time highs, and the headline unemployment number is lower than it used to be—but rational people understand major risks just beneath the surface and have a plan B.