In terms of you see deflation. The primary thing happening in the World Today as, as an inflationary, monetary policy running into technology that increase increasingly the deflationary. So that, imagine what would happen in, in that as, as governments push up printing presses and dr. Inflation more and more and more. What would, in business, driving it were their own rational and rational business still, when they try to remove labor faster with technology. So what youre, what youre finding is the policy is designed, you have to, you have to forces colliding and each other and each one is moving faster and faster and opposing directions. I am not saying that someday we dont get to hyper inflation. But by stepping into that trap with central bankers, and they what will happen is they will be more, right, because technology will drive out labor faster and remove the cost faster. And itll look like and make it look like they have more room. When they do that, it will give them essentiall
A full and fresh with me. This is our international the i am kaiser. This is the cause report, summer solutions where we focus on the solutions. Not so much. The problems, stacy, right. We are joined by Jeff Booth author of the price of tomorrow. Jeff, welcome to summer solutions. And i want to tell you that weve been discussing over the past few weeks. Michael berry, the well known Hedge Fund Manager star. You know, the subject of the film, the big short, he recently warned hyperinflation. Ad is shorting us, treasurys stand dark and our legendary head to a manager, as well as warning of very high inflation and is shorting the us dollar. Janet yellen, however, says there will be no hyper inflation and you kind of agree with yellen, probably not for the same reason. But tell us why what your position is, in terms of you see deflation. The primary thing happening in the World Today as, as an inflationary. Monetary policy running into technology that increase increasingly the deflationary
Flying Power Showcase the crowds outside moscow at the annual Max Show which opened on tuesday. The unveiling of a new coin calling to report is up next. Youll be in a hands of you and your next hour for the latest updates on all the global headlines. One of our selves, good night. Thank you for staying with us here. In the i a mass kaiser. This is the Kaiser Report, you know, we ventured a new era, an era of confusion about deflation is giving way to a new era about confusion of inflation. Alrighty, lets get into a stacy. Yes, its becoming a highly politicized sort of events, whether or not we want inflation and how much inflation and this inflation is good. But one thing you and i have said is that, you know, the seventys are back. We started to warn about that Stagflation Sort of thing, inflation and prices, and of goods and services, and decline in employment number. So a rise in unemployment. Well, todays covering new York City sex workers ramping and open Air Prostitution Market
Amid lacks enforcement. We saw that in the 7 days if you lived in manhattan, are visited, often during the 1970s. What you saw are a lot of prostitutes and times where exactly new York City reverting to its 970 glory days of Drug Use and prostitution. Because similarly, you had Stag Place at that time and we asked the question again now and you had back in the sixtys, a collapse of what was known as the nifty 50 on Wall Street Stock market went into a swan and the seventys which caused economic may ham, weve got a Stock Market right now, which is trading near all time highs. Whats missing would be a Stock Market collapse of 40 or 50 percent to really put the cherry on the on the pi here. I think we can. I think, i think we got some broan on that front. I mean thats the interesting thing is again, max and i remember the seventys. Remember the seventys in the arc . Remember this sort of look of the 7 days of a lot of high Murder Rate or rising Murder Rate, the source, the sense of chaos
Probably not for the same reason. But tell us why what your position is, in terms of you see deflation. The primary thing happening in the World Today as, as an inflationary. Monetary policy running into technology thats increase increasingly the deflationary. So imagine what would happen in, in that as, as governments push up, printing presses and, and dr. Inflation more and more and more. What would in business, driving it were their own rational, irrational business to when they try to remove labor faster with technology. So what youre, what youre finding is the policy is design. You have to, you have to force as colliding and each other. And each one is moving faster and faster and opposing directions. I am not saying that someday we dont get to hyper inflation. But by stepping into that trap with central bankers, and they what will happen is they will be more, right, because technology will drive out labor faster and remove the cost faster. And itll look like and make it look like