T he said and this is going to cause inflation on the other side he said theyre all there asset price bubbles that the fed is stoking is going to cause collapse which will cause a 3 to 5 percent deflation on the other side so both tails he calls it right well i mean this is because it plays into been talking about this for a while for a couple of things 1st of all definitions for the words inflation and deflation this is that the fact that he can say both are happening at the same time or could happen the same time you have to ask yourself whats the whats the use of even using words like inflation or deflation because a stock doesnt describe the whats going on with the economy weve outgrown those words if the economy is moved beyond those definitions were in a different type of economy and market completely you know ive called it things like buy flay ssion weve talked about that last year where you have both inflation and deflation we talked about having financial windisch. Were for th
Accent i have no idea how to pronounce snooker but it doesnt change the fact that ronnie is the greatest of all time in that sport that i cannot pronounce congratulations ronnie and i hope to have you back and prize a report soon dont be a stranger ok now lets talk with stacey. I think its something along the lines a snoop snoop at. Something like that anyway you know what max was a champion in predicting this sort of headlines then druckenmiller speaking of london i guess they used to run the quantum fund out of their. The in george soros yeah im not sure where they dumb a style probably somewhere waiting. For certainly they did crash the pound and that is this guys then druckenmiller he was on one of the Financial News shows here in the United States and he predicts inflation and deflation out of the ordinary huge numbers he sees inflation will hit 5 to 10 percent over the next 4 to 5 years and he said that feast on what he heard at virtual jackson hole that the fed is encouraging th
Change. Nearly 30 degrees cooler in some spots than it was yesterday. Look at santa rosa. Even as temperatures dropped, the winds are picking up intensity and we have a red flag warning in effect for all the Higher Elevations in the bay area until 8 00 tomorrow morning. The relative humidity is dangerously low as the winds intensify with wind speeds, gusts in the Higher Elevations up to 32 miles an hour in st. Helena. 17 miles an hour at atlas peak. And we have a wind advisory for virtually all the Higher Elevations. Now we go to drew tuma. Reporter you can see the sky behind me. It has that yellow hue once again as the sun is setting and we will find that sunset with the yellow orange sky like it was early this morning when the sun was rising. Lets look at where all the smoke was coming from. You can see the august complex fires to our north. Well add the winds to the satellite picture were seeing and the winds that we have, those offshore gusts that had developed and prompted the red
The mornings global headlines join us again. Welcome to kaiser report Summer Solutions im max kaiser here with Stacy Herbert you know we look at the solutions we love take a deep dive into the issues weve been chatting about all year now today were going to be talking with faneuil would have more also known as an l w of the breakdown pod cast been following him on twitter for a long time listen to his pod cast you know the great thing about this whole new universe of media states is that people who might not get on media get on media and then they run to the top and suddenly theyre like wow these people are awesome and i would put a sale in that camp what do you think well thats the good thing about talking to heterodox thinkers because we dont have to just stick with the orthodox guys that are so boring on all the mainstream cable news channels we have the best guess so you know nothing i want to talk to you about one of the themes that weve presented here on kaiser reports Summer Sol
Out with a brand new full of news for you in an hours time programs in your part of the world coming up thanks for watching our international. Welcome to kaiser report Summer Solutions im max kaiser here with Stacy Herbert you know we look at the solutions we love take a deep dive into the issues weve been chatting about all year now today were going to be talking with faneuil would have more also known as n l w of the breakdown pod cast been following him on twitter for a long time listen to his pod cast you know the great thing about this whole new universe of media states is that people who might not get on media get on media and then they run to the top and suddenly theyre like wow these people are awesome and i would put a sale in that camp what do you think well thats the good thing about talking to heterodox thinkers because we dont have to just stick with the orthodox guys that are so boring on all the mainstream cable news channels we have the best guess so you know nothing i