Minimize

Welcome!

What will change the inflation vs. deflation picture

August 14, 2015

We focus on the deflation picture around the world. Who and what will drive demand in the future is China continues to slow?

Click download link to listen on this device: Download Show

Discussion
25 Comments
    CFS
    Aug 14, 2015 14:05 AM

    Are memories of you guys so short?

    Interest rates were also used a the fine control on any economy.

    The major control was always TAXATION.

    The governments of the once-Free World are now a drag on economies; they take too much of the seed corn.

    CFS
    Aug 14, 2015 14:07 AM

    Interest rates AS the fine control.

    Aug 14, 2015 14:07 AM

    Agreed, we need the infrastructure but isn’t the only source of money, once again, more debt? Can’t see the conservatives buying into it and they do control Congress. Secondly, we could really benefit the cost of this effort and do far more with the same dollar if we could get rid of the Davis-Bacon Act. If that can’t be done now, when will it ever be done.
    A good example of the extra cost on federal projects created by this act is the experience of a friend of mine flagging on a state highway project the last couple years. His wages were $38 per hour for that effort. Good pay if you can get it but really, $20-25 an hour would seem adequate for that service. At the present rates, what do equipment operators get?

      Aug 14, 2015 14:04 PM

      A lot more that $20-$25 per hour!

      As Chris said, we may not see that in our lifetimes!

    Aug 14, 2015 14:09 AM

    I appreciate Mr.Temple telling it like it is RE: fractional reserve banking interests running America.

    Consumer inflation in the US is 4% according to Shadow Stats:
    http://www.shadowstats.com/alternate_data/inflation-charts

    America has been in Recession since and 2005 yet silver and gold rose multiples of price from 2005 into 2012.

    Aug 14, 2015 14:22 AM

    I have been saying for some time that the next version of QE will be targetted at the US infrastructure – roads, railways, ports, powerlines, power plants, etc, etc.

    I think the stocks to look at are the US companies that would benefit in that regard – but you guys know more about that than I as I don’t have a clear view of them from this side of the Atlantic – but it would be engineering firms, resource companies, etc, etc.

      Aug 14, 2015 14:05 PM

      I would sincerely hope that would be the cast Bob UK!

      Aug 14, 2015 14:26 PM

      Good thoughts Bob UK. It would be interested to see an all out push on infrastructure and development, and originally some of T.A.R.P. was supposed to be used for those purposes, but instead it camped out on Banks balance sheets.

      Christ T. – good thoughts on China and Oil. I agree that we are finally starting to see the bloodbath in the oil sector where companies are capsizing. We predicted at the end of last year and earlier this year that it would take until the Q2 and Q3 numbers took their toll on the Oil patch, and that’s when people would have the wake up call that this sector tanking will hurt the overall stock indexes and the job markets in a major way.

    Aug 14, 2015 14:07 AM

    Two Presidents in the history of the United States issued currency outside of the Federal Reserve,Lincoln and Kennedy.
    Both were assassinated in public with a bullet to the head.
    I would be really surprised to see a third try.

      Aug 14, 2015 14:13 PM

      HA, HA……what a joke……….CONGRESSMEN……

      Aug 14, 2015 14:06 PM

      Very good point. Interesting that most people are unaware of the Silver Certificates under Kennedy.

        Aug 14, 2015 14:40 PM

        I think these silver certificates are defaulted. It is you will not be able to exchange silver with them.

    Aug 14, 2015 14:19 PM

    Right on Al. I could not agree more with your “broken clock” comment.

      Aug 14, 2015 14:07 PM

      I guess that I am getting just a bit cynical, Bird!

        Aug 14, 2015 14:34 PM

        BIG OWL……..is A LISTENER…..really the bird………….. 🙂

          Aug 14, 2015 14:46 PM

          Don’t answer him Al. He needs to keep guessing. Maybe the goldfish will squawk first!

            Aug 14, 2015 14:08 PM

            MY holdgish…………think ye are the tweety pie…………………..

            bb
            Aug 14, 2015 14:39 PM

            Not sure A Listener can be Bird, Bird never made spelling errors.

            Aug 15, 2015 15:08 AM

            Exactly, that’s why I am a listener and not the Speller!

            Aug 15, 2015 15:35 AM

            to err is human…………tweety must have been a good listener in spelling class….. “)

        Aug 14, 2015 14:45 PM

        Make that two of us Al. Lately I can hardly keep my eyes open reading the all the gloom and doom articles about September, Shmita, blood moons and other “alternative” theories that are on the lips of 99% of all the articles I read lately. And you know what’s funny? I have not got the slightest worry.

        Everyone is on the same side of the sentiment trade and that means they are certain to be wrong. Shoot….I almost feel bullish lately. And call me nuts but I am sure oil is going to bottom and rise, the dollar will take a swan dive and the DOW is going to rise to fresh new highs.

        That cynicism having a beneficial effect on me maybe. Like laughing gas!