Fri, 15 December 2023
Kerry Lutz and James Locke discussed various economic factors such as interest rates, inflation, and investments. They noted that the producer price index for November remained unchanged, indicating steady inflation and reinforcing the Fed Reserve's decision to leave the Fed funds rate alone. They also talked about the potential impact of a cut in interest rates on investments, with people potentially investing in higher dividend stocks and other value-focused investments. The discussion also touched on the challenges and opportunities facing the US economy, including tax increases, maintaining international balance, and the potential impact of remote work. Despite the challenges, Locke remained optimistic about the markets and the road ahead. Find David @ https:poolelocke.com |
Fri, 15 December 2023
The meeting between Kerry Lutz and Martin Armstrong covered a wide range of topics, including the US Debt clock, gold, China's future, inflation, interest rates, and the impact of fraud on the system. Armstrong predicts that all governments will change by 2032, including China's, but that the people in China are not about to go back to communism. He also warns that the inflation in the US is due to shortages caused by COVID lockdowns. The discussion highlights the need for politicians to consider the long-term impact of their actions on society and the government. The conversation also delved into the intricacies of government, currency, and debt. They discussed the benefits of term limits in government and the success of Genoa's system. They also explored the instability of currencies without trustworthy economies and the flaws in the euro. The conversation then turned to the potential for the FDIC to default on savings accounts and the increasing control over financial transactions, highlighting the potential for draconian measures in the face of a collapsing system. |
