The St. Louis Fed Thinks $30 Trillion In National Debt Is No Big Deal
This, and other statements you could attribute to a drunk at an airport bar at 3AM, on my latest podcast.
On my latest podcast, the most recent episode of my ongoing Our Bullshit Economy series, I rant about the Fed, the national debt, the market, Whoopi Goldberg, cancel culture and Neil Young.
I also play a video from the St. Louis Fed from Twitter, wherein an “economist” attempts to explain away the idea that $30 trillion in debt for our nation is somehow immaterial.
Among other things, I cover this piece about how Cathie Wood is changing wording and marketing surrounding her ARK Innovation Fund (ARKK):
I also talk about how cancel culture has become a snake eating its own tail, as I wrote about just days ago when Whoopi Goldberg, days after criticizing Bill Maher for comments on Covid, found herself suspended from The View for two weeks:
I discuss how readers of mine may have expected this recent move in the NASDAQ. I have been warning since November 1, 2021 that the NASDAQ was at risk of falling apart. I also re-iterated these warnings in December, heading into the holidays:
Further, I explained why I thought the Fed’s plan to taper and raise rates was nothing but a vanilla negative for markets (i.e. bad news is no longer good news) in this piece, which I published heading into 2022:
If you don’t already subscribe to Fringe Finance and would like access, I’d be happy to offer you 20% off forever:
Finally, you can listen to my latest podcast, for free, here: