Very gracious hosts. Thanks guys.
Annotated!
Just random things mentioned in the podcast, roughly in order…
Speaking of Maria Bartiromo…
“The Federal Reserve Reform Act of 1977, for one, does not say ‘price stability.’ It does in particular not say ‘a stable rate of inflation.’ It says ‘stable prices.”
Alex J. Pollock
President and CEO of the Federal Home Loan Bank of Chicago from 1991-2004
There is no basis for a “2% target”:
These WSJ reader comments were from June 2015, when official CPI was 0.17% YOY:
The corruption is bipartisan.
Thread: "Having been robbed, the Germans became a nation of robbers."
Various Substack Posts:
"Inflation: The Witches Sabbath," a Thomas Mann lecture from 1942.
A Very Ordinary Life
Inflation is not a partisan issue, it's a class issue.
The Great Disorder
The Raven of Zurich
Isn't it a wacky coincidence that Bill Barr's law firm was the same law firm that cut Epstein that sweet deal with Acosta? What are the odds?
"There is great freedom in realizing that corporatism is bipartisan. It frees you from the squabbles of the cable news syndicate..."
Futures Edge Podcast with Jim Iuorio and Bob Iaccino