Morning here on our team to National Well be back with an indepth look at all of our top stories in an hours time to see that. Kaiser the report still. Max your steps because kaiser report was right as always all the time or always right Warren Buffett has been obviously watching this show hes told hes tuned out of what is c m b c and bloomberg you no longer listens to them because the 1st tweet hear the 1st chart this is what weve been pointing to and this is obviously what Warren Buffett has been reacting to the fed now own a total of 22000 913. 00 different securities according to bloomberg it is the worlds biggest investor. Yeah so a lot of things here that weve been talking about that warren was late to the game you know weve been tracking his tardiness in many of his investment themes like very late apple very late to amazon he bailed out of airlines again for a 2nd time at a huge loss he got into gold very late and of course when he got into his gold stock people are saying well
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 there right the in george soros yeah im not sure where they dump 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 thats based on what he heard at virtual jackson hole that the fed is encouraging the government to print more money more stimulus so fiscal stimulus and thats like m m 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
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 the economy has 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 wind shear or the forces of inflation and deflation are butting up against each other and then the the average person is kind of caught middle like you would be caught a storm a boat in this kind of storm and its being ripped apart and youre spinning we called it a Bermuda Triangle of finance where youre flying over the economy and all the gauges are going in opposite directions and theres that inflation is that deflation the my upside
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 there right the in george soros yeah im not sure where they dumbass styled 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 thats based on what he heard at virtual jackson hole that the fed is encouraging the government to print more money more stimulus so fiscal stimulus and thats like m m 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
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