Econ Finance Markets

Dave Collum is a professor of organic chemistry at Cornell University and contributor at ZeroHedge. He joins Rudy Havenstein to discuss the damage from Hurricane Helene, lack of government response, being a “political atheist,” CPI, the Fed, Russia, Ukraine, Middle East, elections, The Glass-Steagall Act, Epstein, and much more. PLEASE SUBSCRIBE LIKE AND SHARE THIS PODCAST!!! Follow Me Twitter/X-https://x.com/CoffeeandaMike Instagram-https://www.instagram.com/coffeeandamike/ Facebook-https://www.facebook.com/CoffeeandaMike/ Truth Social-https://truthsocial.com/@coffeeandamike Gettr-https://gettr.com/user/coffeeandamike Rumble- https://rumble.com/search/all?q=coffee%20and%20a%20mike Apple Podcasts- https://podcasts.apple.com/us/podcast/coffee-and-a-mike/id1436799008 Gab- https://gab.com/CoffeeandaMike Locals- https://coffeeandamike.locals.com/ Website-www.coffeeandamike.com Email- info@coffeeandamike.com Support My Work Venmo-https://www.venmo.com/u/coffeeandamike Patreon- patreon.com/coffeeandamike Locals- https://coffeeandamike.locals.com/ Cash App- https://cash.app/$coffeeandamike Mail Check or Money Order- Coffee and a Mike LLC P.O. Box 25383 Scottsdale, AZ 85255-9998 Follow Dave X-https://twitter.com/DavidBCollum Follow Rudy X-https://x.com/RudyHavenstein Substack-https://substack.com/@rudy Sponsors Vaulted/Precious Metals-https://vaulted.blbvux.net/coffeeandamike Independence Ark Natural Farming-https://www.independenceark.com/

SHOW NOTES: https://www.whatbitcoindid.com/podcast/everything-you-know-about-the-economy-is-wrong Jeff Snider is co-host of the Eurodollar University podcast and Head of Global Research at Atlas Financial Advisors. In this interview, we discuss the fundamentals of money, how the Eurodollar controls the global monetary system, and signals of a deflationary depression. THIS EPISODE’S SPONSORS: Gemini - https://www.gemini.com/ Cake Wallet - https://cakewallet.com/ BlockFi - https://blockfi.com/peter Pacific Bitcoin - http://pacificbitcoin.la/ Ledger - https://www.ledger.com/ Compass Mining - https://compassmining.io/ BCB Group - https://hubs.ly/Q011cb730 TIMESTAMPS: 00:00:00 Introduction 00:02:24 What is money? 00:17:43 The Eurodollar system 00:27:57 From the Great Moderation to a deflationary depression 00:38:11 Inflation targets and quantitative easing 00:50:13 How the Eurodollar drives inflation 01:03:37 Prioritising safety and liquidity 01:12:05 The silent depression 01:21:27 How does a deflationary period play out? WHERE TO FIND THE SHOW: → My website: https://www.whatbitcoindid.com/podcast/ → iTunes: https://apple.co/2OOlzVV → Spotify: https://spoti.fi/2ygc4W1 → Stitcher: https://bit.ly/2IQO8fX → SoundCloud: https://bit.ly/2CGSVQR → YouTube: https://bit.ly/3nyi9Ez → TuneIn: https://bit.ly/2ywystr LISTEN TO OLD EPISODES: → By guest: https://www.whatbitcoindid.com/guests/ → By topic: https://www.whatbitcoindid.com/topics/ → Transcriptions: https://www.whatbitcoindid.com/transcriptions/ SUPPORT THE SHOW: → https://www.whatbitcoindid.com/sponsorship/ → Become a Patron: https://www.patreon.com/whatbitcoindid/ → Subscribe on iTunes → Leave a review on iTunes → Share the show out with your friends and family on social media → Drop me a line on hello@whatbitcoindid.com WHERE TO FOLLOW ME: → Twitter: https://twitter.com/whatbitcoindid/ → Medium: https://medium.com/@whatbitcoindid/ → Instagram: http://instagram.com/whatbitcoindid/ → Facebook: https://www.facebook.com/whatbitcoindid/ → YouTube: https://www.youtube.com/whatbitcoindidpodcast → Website: https://www.whatbitcoindid.com/ → Email list: https://www.whatbitcoindid.com/subscribe/ LEARN ABOUT BITCOIN: → Step by Step Guide: https://www.whatbitcoindid.com/beginners-guide → Training: https://www.whatbitcoindid.com/training/ → Resources: https://www.whatbitcoindid.com/resources/ #Bitcoin #Finance #Economics **** “The inflation target is, pardon my French, bullshit. And it’s supposed to be: it reinforces the idea that the Federal Reserve is a central bank, and therefore, it is targeting inflation and just responsible for inflation; but it simply reinforces what the Federal Reserve actually does, which is trying to manipulate opinions and emotions.” — Jeff Snider Jeff Snider is co-host of the Eurodollar University podcast and Head of Global Research at Atlas Financial Advisors. In this interview, we discuss the fundamentals of money, how the Eurodollar controls the global monetary system, and signals of a deflationary depression. - - - - The common narrative about the global economy is bleak. Money printing by central banks has been out of control. This new money fed into the economy and resulted in runaway inflation. Years of interest cuts to stimulate economies means cash is now trash, whilst economies are stagnating. Debt is unmanageable. The search for alpha is focused on wealth protection. But others think this narrative is wrong. Our perceived reality is a mirage. Central banks are not in control of the levers of money, they are mere bystanders playing the role of the wizard behind the curtain. The global monetary system is controlled by an opaque and unregulated dollar exchange market developed in the 1950s: the Eurodollar system. The Eurodollar market is sending signals that defy the forecasts that inflation will endure. The market predicts inflation will be transitory. In its wake, an aggressive period of deflation will soon rock the global economic order. Various economists over time have argued that whilst inflation is damaging, deflation is a worse evil. It has been blamed for depressions throughout history. If these forecasts are right, we could be about to enter a period of significant economic stress. Whilst there is consensus on the cause of the current economic malaise, i.e. profligate behaviours within the financial industry, opinions on solutions couldn’t be more different. Those who follow Eurodollar signals believe global financial systems need more US dollars in the form of debt. A lack of liquidity is leading to a lack of risk-taking that is hurting the global economy. So, as we stand on the brink of widespread societal hardship, we have a representation of cause and response at odds with conventional wisdom. With the stakes so high, can we afford to reject these emergent opinions?