George Gammon: The Solution Is Producing More Stuff, Not Creating More Money
George and I talk the crypto crash, Covid lockdowns in China & whether the Fed can actually complete a "soft landing".
Last week I had the immense pleasure of interviewing my good buddy George Gammon from Rebel Capitalist.
George is one of my favorite economic commentators and has been a friend of mine, and my podcast, for years. I often describe his podcast as similar to mine, just more well thought out, more educational and more useful with less dick and fart jokes.
Here’s George doing something baller in some foreign city I’m sure I’ve never been to:
Anyways, on our podcast, we talked about:
The fallacy of believing that asset prices are always going to go up
The state of crypto and the people/claims involved in the industry
China and the global supply chain - is there a chance China is locking down again on purpose?
Why George is using a “wait until there’s panic” strategy for one particular asset class
The state of labor and empty store shelves in the U.S. - when could this catalyze a permanent hyperinflationary psychological shift?
The conflict between Russia and Ukraine and what future wars will look like
The government’s war against “disinformation” and how Davos types have so much influence over politicians
At what point will the masses stand up to the global elite?
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You can listen to my entire podcast with George Gammon, for free, here:
Disclaimer: I own positions as disclosed in the podcast. Assume I have a position in anything we discuss. This is not a recommendation to buy or sell any stocks or securities. I own or may own all crypto/stocks I mentioned or linked to in this piece. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. These positions can change immediately as soon as I publish this, with or without notice. You are on your own. Do not make decisions based on my blog. I exist on the fringe. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I get shit wrong a lot.
Good podcast with a lot of interesting points, but I think that you guys are both too much convinced that the Fed will simply do the same as what they’ve done in the past. IMHO the world has changed in 2020. They (i.e. Schwab and his ‘Little Schwabowski Urban Achievers’ in governments throughout the world) have dropped their mask, while mandating that we wear ours. Pumping up mindless consumption again, fueled with cheap credit, isn’t on the menu, and what they are planning is a controlled demolition of our ENTIRE society similar to the way Stalin, Mao and Pol Pot tried to re-engineer society. Blowing another stock market bubble isn’t on the menu either, and neither is freedom and liberty.
Great guest, I love George's analysis but disagree about crypto, I short that crap.