I’m very happy with this one! Thanks, Tom. As I’ve done before, below are some links referencing things I talked about in the podcast, if anyone’s curious. Maybe listen first, and then dig in. The interview has been modestly edited - not by me - probably mostly to cut out my rambling - so if I skip abruptly from one thing to another, that’s why.
Nov 23, 2023·edited Nov 23, 2023Liked by Rudy Havenstein
You’re 100% correct about older people generally not caring about what happens to future generations. Young people don’t realize why the country is screwed up and are prone to turning toward socialism as a result, thinking that “capitalism” is to blame rather than cronyism and regulatory capture. Hard to be optimistic.
I finally read the whole Thomas Mann link. I think even more duping occurs because a large proportion of payments are now made by card. IMHO, it doesn't hurt as much when you simply 'tap' or 'swipe'. I still like to pay with cash and I feel the debasement of the currency more acutely. I don't know if this 'psychological shift' will make inflation stickier, higher contribute more to inflation or less. Will banks lift 'credit limits' ? Or do credit card limits act like a brake ?
Oz perspective, use of cash is really under the cosh.
12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places." ~ Eph 6:12 KJV
i miss ron paul
He should campaign one last time for the sole reason of saying “Hey, I told you this would happen.”
An old fish swimming along one day passes by a couple of young fish….”How’s the water boys?”, he asks, in passing.
The young fish look at each other. ‘What the hell is water?”, one asks.
When you mentioned that we are surrounded every day by propaganda and most don’t realize it, this immediately popped into my mind.
Yes! I meant to mention that metaphor but got distracted as usual
You’re 100% correct about older people generally not caring about what happens to future generations. Young people don’t realize why the country is screwed up and are prone to turning toward socialism as a result, thinking that “capitalism” is to blame rather than cronyism and regulatory capture. Hard to be optimistic.
You and I should do a podcast one of these days...maybe bring in StockCats too.
We used to have leaders that left office still in the middle class, but no longer...that's the problem.
We use to have leaders that left office...
Enjoyed the podcast Rudy.
Thank you
Excellent show.
I finally read the whole Thomas Mann link. I think even more duping occurs because a large proportion of payments are now made by card. IMHO, it doesn't hurt as much when you simply 'tap' or 'swipe'. I still like to pay with cash and I feel the debasement of the currency more acutely. I don't know if this 'psychological shift' will make inflation stickier, higher contribute more to inflation or less. Will banks lift 'credit limits' ? Or do credit card limits act like a brake ?
Oz perspective, use of cash is really under the cosh.
12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places." ~ Eph 6:12 KJV
I know these things to be true, but it's almost too much to bear to see them all put together like this.
#EndTheFed
Also, try them for treason and string up the guilty.
Also, clearly, cow bell to EMER.
🤪