Takes it the way im austrian and im also austrian in the economic sense of terms and the Austrian School of economics defines inflation this this. 2 is an increase of the money supply if im pick money supply if you talk about Price Inflation len we again have to specify what the Price Inflation are we talking about are we talking about i guess a Price Inflation are we talking about consumer Price Inflation and so on well i mean this duty is inflation i agree to do that different issue and apparently we have seen price deflation which is usually what people refer to when they call the focus of the inflation or Consumer Price deflation we have seen apparently but if you ask me i really do not see it im sorry so it lists the east side of the atlantic with a few weeks perhaps who have a few prices went low a little bit but. If you go into the supermarket groceries in my view just going to one the rich and thats is up so inflation is already creeping up even in the end the Consumer Price le
So were talking to mark malloch about this and mark i want to ask you gold as gong supernova again and its one of the best performing assets of 2020 so far how high does this go and is the price of gold an indictment of the front cover of the economist magazine free money. Yeah well the real question probably is not how high is gold going but holo its the dollar and all of the fear currency is falling and thats i think what were seeing in these this fall has been accelerating recently as you said and. To the moon i think its got a nice comparison for you here i mean weve saw this billions and actually trillions of money printing recently in the small calculation so the fed expanded the Balance Sheet by 3 trillion within a very short time recently so what is 3 trillion 1. 03 trillion dollars if you make a staple of 1. 00 coin this is a mind boggling staple of 33000700. 00. 1000 miles and this is a chilly. 20 light seconds high so this is actually several times the distance to the moon a
Accelerating recently as you said and. To the moon i think ive got a nice comparison for you here i mean weve saw this billions and actually trillions of money printing recently and that the small calculation so the feds expanded the Balance Sheet by 3 trillion within a very short time recently so what is 3 trillion 1. 03 trillion dollars if you make a staple of 1. 00 coin this is a mind boggling staple of 3003700000 miles and this is a chilly. 20 light seconds high so this is actually several times the distance to the moon and this was just created out of nothing within a few weeks and thats i think the real problem which we are facing and and people are awake. Up to this problem and i think thats a very interesting time when good analogy there with the staples and all that stuff its amazing when you put these graphics and you look at them how really incredible trillions and trillions of dollars as now of course gold has been making new all time highs against just about every other cu
Comment is closed. Vice president follansbee okay. On the motion to move the budget to the Mayors Office, all in favor . Opposed . Lets go into item 16. Clerk item 16 is the infert willi infertility benefit status update for blue shield of california, presented by shawn lovering. I would be remiss if i did not think, on behalf of did not thank, on behalf of blue shield, natalie, for all of her work and support. We are going to miss you. Next slide. Next slide. So were here today to give you an update on our efforts around infertility. It was brought to our attention last year that there were some issues, and were going to bring to your attention that we can fix things. [inaudible] when they added the Custom Benefits that you see on the right. Next slide. So we did a ton of research when this was brought to our attention, and we identified the following areas where we had gaps. Benefit authorization and identification process. We understand that infertility is a prepersonalize very pers
A bush top record and adopt practices when it comes to our mobility thats what we talk about today a lot welcome to equal india im someone who come to my makeshift home Studio Church in mumbai. Now bangalore world famous traffic jams may have just gotten into lockdown but residents are bracing themselves for business as usual when they daily commute. A group of techies we met before the lockdown is providing a much needed alternative to help decongest the citys back. Of. The worlds most traffic and this is a city that has a designation given to bangalore to have the start of 2020 its a dubious honor for india which is home to some of the worlds biggest tech corporations. During rush hour commuters here spend an extra 243. 00 are stuck in traffic into 1900 thats 10 days and 3 are the traffic each year. So whats the best way to beat the congestion ingenius kartik on the mountain its his bike but can he really be faster than his colleague whos driving a car. To. Riyadh and ive been among