TJS ep42: Government is the Biggest Corporation

Description

July 22, 2021

Tim is back from an excursion to Puerto Vallarta and there’s no shortage on insanity in clown world. First up is Babbling Joe Biden who thinks that government spending will reduce inflation, and rising prices are transitory, but the numbers tell a different story as John explains. With stock PE ratios reaching highs rivaling the dot com bubble Tim is properly hedged.

Changing gears, we discuss Jack Dorsey and Elon Musk’s closing thoughts from The B Word Conference. Jack believes that bitcoin can be used as a tool to unity the world. And Elon dropping some heavy words about government and corporations you don’t want to miss.

Anyone in the northern AZ area check out Jackalope Freedom Fest!

https://jackalopefreedomfestival.com/

https://macenews.com/atl-feds-bostic-inflation-rise-likely-transitory-fed-wont-be-preemptive/

https://www.linkedin.com/posts/michael-creadon_blackrock-is-all-over-the-news-this-morning-activity-6821066370831253504-mVMa/

https://tradingeconomics.com/

https://www.multpl.com/s-p-500-pe-ratio

https://www.multpl.com/shiller-pe

https://www.cnbc.com/2021/07/09/wells-fargo-sen-elizabeth-warren-slams-bank-for-potential-credit-score-hit-to-its-customers.html

https://www.cnn.com/2021/06/30/investing/charlie-munger-china-berkshire-hathaway-warren-buffett/index.html

https://www.linkedin.com/posts/oliver-bergmann-b2857b6_the-failure-to-break-up-the-oligopoly-in-activity-6823444679674085376-0LP6/

https://www.spglobal.com/ratings/en/research/articles/210707-credit-trends-bbb-pulse-most-bbb-debt-is-now-on-track-for-a-near-term-recovery-12027107

https://tradingeconomics.com/country-list/rating