Comments by "Frederick Miles" (@frederickmiles8815) on "George Gammon" channel.

  1. Monetary deflation is so much worse then inflation - people are so stupid; love your analysis and i was called all sorts of lovely names on Linkedin when I floated the same concept a year or so ago - that we have been in a papered over depression since '08. I also forecasted our depression would deepen, contracting gdp and destruction of what little non Fed Reserve Collateral would create a stronger dollar that would trigger massive inflationary pressures globally. China will experience brutal hyper-inflation and ultimately split apart of rally in prep for WW3.
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  2. What if inflation is transitory due to the Fed's liquidity trap and deflationary pressures push rates lower after a slight spike up to 2 or 3 - which in turn triggers a liquidity crunch?
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  3. Delfation: strong dollar, banks arent lending and production is artificially reduced in order to create scarcity keeping prices high in order to prevent going into the red due to massive debt load: 1928-29. This is a feedback cycle were productivity is sacrificed in order to maintain higher and higher price points the consumer and wholesaler cannot pay - creating more and more dollar scarcity. Inflation: weak dollar, banks lending money hand over fist, and year over year (like a decades worth) of real wage growth. This creates buying pressure for the same amount of goods, which then causes economies to increase production (economy is running hot) - increased production cant meet new demand and therefore prices adjust upwards. Hyper-inflation: cannot happen in America - why? our central bank and treasury do not print dollars, rather they sell or swap collateral (bonds). The banking sector creates dollars when they make loans - like you put down 20%, banks snap their fingers and give you 80% out of thin air and then turn around and sell that loan (comprised of 80% of your home) to investors for a fee. I dont know why the American people dont understand the simplicity of the model; maybe they are all just to wired with partisan narratives and nonsense. This is why Kenny and Ray's bleeding wound is shorting treasuries - they like most of you thought price action is inflationary; its not rather its an indicator. Just checkout the TLT short interest - mind blowing amount; if that rises many ships get capsized; and it will rise.
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  4. Best video in months
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  5. We are headed for a depression...inflation is a pipe dream narrative; 1928-29 like conditons exist globally. Fed creates reserves not dollars - they are stuck in a liquidity trap; there is no one to lend too and the folks that are super levered up are the only ones banging on the door asking for more.
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  6. Great content - we are headed for a depression.
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