China Using Covid Policy To Prepare For War With U.S.
- China Using Covid Policy To Prepare For War With U.S.
by QTR’s Fringe Finance, via https://www.zerohedge.com/
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.
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Anyways, on our most recent podcast, we discussed:- What inflation numbers will look like at the end of the year, and why George thinks CPI numbers will hit a lull
- George’s favorite indicator for measuring whether we’re in a recession and whether or not the Fed is going to reverse course “within weeks”
- Black swan events George is watching that could hurt the markets, other than rising rates
- China’s Covid policy and what alternate reasoning there may be for it, other than Covid
- China and Russia posturing up together
- Energy shortages and food shortages
- Whether we are truly on the fringe of a massive earthquake geopolitically and economically
- The dollar going up and what it means
- Covid policy in the U.S. and getting ahead of the “narrative” when new uncomfortable situations take hold domestically
First we talked about where George thought inflation was heading. Surprisingly, he said lower – before moving higher. “I rarely make predictions, but I did make one prediction: inflation would go down slightly as measured by CPI in Q3 or Q4,” George told me. “Most likely it probably goes back up [after falling to 6% or 7%].”
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“I saw the things that created the inflation in the first place, now the question is how they do that. I don’t know if the supply chains will get better anytime soon,” he continued. “But they did stop the stimmy checks.”
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