Come And Get It! PWG Interview
The Market Ticker - Commentary on The Capital Markets
Logging in or registering will improve your experience here
Main Navigation
Full-Text Search & Archives
Legal Disclaimer

The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions. For investment, legal or other professional advice specific to your situation contact a licensed professional in your jurisdiction.

NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.

The author may have a position in any company or security mentioned herein. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.


Market charts, when present, used with permission of TD Ameritrade/ThinkOrSwim Inc. Neither TD Ameritrade or ThinkOrSwim have reviewed, approved or disapproved any content herein.

The Market Ticker content may be sent unmodified to lawmakers via print or electronic means or excerpted online for non-commercial purposes provided full attribution is given and the original article source is linked to. Please contact Karl Denninger for reprint permission in other media, to republish full articles, or for any commercial use (which includes any site where advertising is displayed.)

Submissions or tips on matters of economic or political interest may be sent "over the transom" to The Editor at any time. To be considered for publication your submission must include full and correct contact information and be related to an economic or political matter of the day. All submissions become the property of The Market Ticker.

Considering sending spam? Read this first.

2021-05-17 13:58 by Karl Denninger
in Interviews , 161 references Ignore this thread
Come And Get It! PWG Interview
[Comments enabled]

With Michelle Holiday of PWG.

Come enjoy a lively conversation on inflation, UBI, the economy, markets.

It's been quite a while since PWG has had me on but we go through inflation, the distortions in the labor market that is driving this, the imminent danger to the economy, cryptocurrencies, the markets, energy, Green New Deal, China and more.

Go to responses (registration required to post)
 

 
Comments.......
User: Not logged on
Login Register Top Blog Top Blog Topics FAQ
User Info Come And Get It! PWG Interview in forum [Market-Ticker]
Krzelune
Posts: 9615
Incept: 2007-10-08

Report This As A Bad Post Add To Your Ignored User List
Excellent once again Karl.
Wa9jml
Posts: 514
Incept: 2017-04-29

DeKalb, Illinois
Report This As A Bad Post Add To Your Ignored User List
Wow! You were very articulate! Not so easy with that hot blonde!
Goldbrick
Posts: 3768
Incept: 2008-01-23

Indiana
Report This As A Bad Post Add To Your Ignored User List
Will listen to it tonight.

----------
"The higher I go, the crookeder it gets."
--Michael Corleone

"Instead of cursing the darkness, light a CONgressman."
Cmoledor
Posts: 59
Incept: 2021-04-13

Akron Ohio
Report This As A Bad Post Add To Your Ignored User List
I love how you make it so easy for the layman such as myself to grasp and understand monetary things. Not my strong suit really. Never has been. But its always a pleasure to listen to and learn from you. Just wish I wouldve found you sooner, good sir. Salut! 🍺

----------
The whole world is one big ****ing scam
Smacktle
Posts: 4870
Incept: 2009-01-20

Texas
Online
Report This As A Bad Post Add To Your Ignored User List
Is she as smart as she looks?

----------
It's always something. Forever till you die.
Asimov
Posts: 126848
Incept: 2007-08-26

East Tennessee
Report This As A Bad Post Add To Your Ignored User List
Smacktle: Nice question. :)

----------
It's justifiably immoral to deal morally with an immoral entity.

Festina lente.
Tickerguy
Posts: 174197
Incept: 2007-06-26
A True American Patriot!
Report This As A Bad Post Add To Your Ignored User List
Never met her..

----------
I don't give a flying **** if you're offended.
Twainfan2
Posts: 268
Incept: 2018-12-04

MN
Report This As A Bad Post Add To Your Ignored User List
Nice to see her not interrupting you. That's rare that an interviewer allows the interviewee to finish their thought.

Great info as well.
Thecynical
Posts: 50
Incept: 2009-08-16

Report This As A Bad Post Add To Your Ignored User List
Back in 1996-1997 when I was still living in Eastern Europe, hyperinflation hit.

Gov and businesses adjusted their wages but the mortgage payments stayed the same cause of the long-term loan contracts, so some people outright paid what they owed to the banks in just two weeks instead of 20 yrs fixed payments their contracts were for.

So Karl is right - fixed real estate payments are a big hedge against inflation.

Poor me being in high school and not working, spend the whole monthly salary of my mother for a winter coat. To this day I feel ashamed I let her buy me this coat. Later that year when gov was unable to print so many banknotes to keep up with inflation, the cigarette factory she worked for, started paying her with cartoons of cigarettes. A lot of businesses went to barter goods and services instead of accepting paper money.

What got our family through that bad time was, that early in 1996 my father bought 6 piglets and later after raising them he sold them with a big profit.

Oh, by the way, he worked in a grain mill factory and got paid in flour, so that's how he fattens the piglets and made a profit...

The crisis was resolved after my country accepted a currency board solution suggested by the IMF. (Just google it, it is too long to write it here how it works)

After accepting the currency board, prices stabilized and gov was unable to print money as they wanted to.

Wraphead
Posts: 111
Incept: 2010-06-10

the rock
Report This As A Bad Post Add To Your Ignored User List
I love the content but we gotta chip in and get you a green screen... Or, at least let me print you cool ticker sign for the wall between the doors. Send me some artwork.
Mannfm11
Posts: 7013
Incept: 2009-02-28

DFW, Tx
Report This As A Bad Post Add To Your Ignored User List
Stupid? These are PHD's making policy. Has US education fallen this far, or are only the politically connected waived through Harvard and Yale? I had an English teacher in high school. Someone told me she couldn't read. She wasn't of European descent, but the school district was top rated. I don't know, if that was true then, but if so, you can only imagine?

The Green new deal is the most genocidal theft program ever. I had already figured this out, but they shut down the oil exploration, when they figure out they screwed up, they will never get it back on track. We are looking at intentional starvation. CV19 will be a cakewalk, in comparison. Staying at home won't be an option. It will become necessary.

The Democrat Party has been working to destroy the US economy, since I was in grade school and the Republicans, in the rare times they have had power, have done little to reverse it.

Inflation is a progressive drug addiction. Next time, it will be more. I'm maximum metals right now, because eating is more important than making money. Weimar is on the way. There are only 2 things keeping the dollar afloat, the other currencies are as bad and the dollar buys a deep pool of assets. Let this communist bull**** go on much longer and #2 goes out the window.

Michelle did a really good interview. She got better looking the longer I watched.

----------
The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
Mannfm11
Posts: 7013
Incept: 2009-02-28

DFW, Tx
Report This As A Bad Post Add To Your Ignored User List
What is going to happen when the $2000 check doesn't buy a pack of gum?

----------
The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
Tickerguy
Posts: 174197
Incept: 2007-06-26
A True American Patriot!
Report This As A Bad Post Add To Your Ignored User List
A lot of people are going to die.

----------
I don't give a flying **** if you're offended.
Libertyforme
Posts: 126
Incept: 2009-04-21

Report This As A Bad Post Add To Your Ignored User List
Such a treat to watch your interview. Brilliant was an understatement.
I miss your weekly podcasts. Thank you.
Smacktle
Posts: 4870
Incept: 2009-01-20

Texas
Online
Report This As A Bad Post Add To Your Ignored User List
"A lot of people are going to die"...before me.

----------
It's always something. Forever till you die.
Kikknback
Posts: 545
Incept: 2020-03-17

Report This As A Bad Post Add To Your Ignored User List
Just received another email from a major industry of another price increase, 7%.

----------
"The most grotesque act of Treason is to be born into a free Constitutional Republic, for which you did not risk your life or shed blood to create, and sit back and watch it slowly be taken from you without standing up in its defense" - me

"True Freedom can never exist, unless true Rule of LAW exists" - me
Login Register Top Blog Top Blog Topics FAQ