Comments by "Daniel Bradford" (@Falconlibrary) on "Two-percent interest rate hike from the Fed looks possible, says investor Mark Mobius" video.

  1. If you follow John Williams' ShadowStats newsletter, he calculates that inflation is over 15% and is at its highest level since 1947. We've had inflation (money supply higher than the CPI) since 2008, which has been propping up the US economy. This didn't cause an increase in the CPI because demand was so suppressed for a decade. Take away the money supply inflation and we are going to go into a deflationary period, which is rare in rich countries. The only sustained deflationary periods in the past 100 years were the Great Depression of 1929-1939 and the Japanese economy in the 1990s.
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  2. The host of this show strikes me as a rude idiot. "Volcker was quite tall." Yeah, and that's relevant how? He interrupted Mr. Mobius several times. That's just plain rude. You invite a man to speak on your show and give his analysis and then interrupt him constantly?
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  3. Rich people are panicking because they based their "business plans" on free money and lots of it. Without that, their Ponzi schemes will be exposed.
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