Soaring Inflation Is Brutalizing The Lower And Middle Class

In all seriousness, this could be one of my most important "Our Bullshit Economy" podcasts yet.

In what I think could be one of my most important Our Bullshit Economy podcasts ever, this week I took time to cover:

  • Exactly why inflation is, as Peter Schiff would say, “the most regressive tax possible”

  • Why it’s important for people to wake up to the negative consequences of inflation right now, before it becomes too late

  • Why the Fed is stuck in a corner when it comes to rate hikes and/or taking any action that could burst the equity market bubble

I also took the time to speak about why I think Virginia flipped Republican, something I had written about extensively here:

QTR’s Fringe Finance
The Two Real Reasons Democrats Lost Virginia: A Woke Post-Mortem
It has been nothing short of hilarious over the last couple of days watching news pundits try to dissect why the governor’s race in Virginia swung so wildly in favor of Republican Glenn Youngkin after the state voted so overwhelmingly for President Biden in the 2020 general election…
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I also continued to make my case for why we could be on the edge of a catastrophic market crash, something I wrote about days ago, at length, here:

QTR’s Fringe Finance
Why We Could Be Staring Down The Barrel of A Catastrophic NASDAQ Crash And Not Even Know It
It would certainly take a special confluence of factors for us to be staring down the barrel of a an unprecedented crash in tech stocks without noticing it’s coming. But I’m starting to entertain the idea that that is exactly where we are, we may not know how much pain we are truly in for - and we might not fathom how quickly it could come on and surpri…
Read more

The content of this podcast is somewhat repetitive for those who have listened to me, and especially for those who know the Austrian school well. But it is just so damn important at this point in time, I wanted to make sure my key points were made and fleshed out.

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