I think the title should be “What happens if the Fed succeeds at not taming inflation?”
@adyear31683 жыл бұрын
That's funny! And true.
@sbain8443 жыл бұрын
"They should have raised last summer" Nope, they should have raised rates about 18 years ago!
@Ruth-wu3vf3 жыл бұрын
Thanks Adam. I don't see how interest rates can be raised much when public and private debt are so high. I also wonder how much ESG considerations will contribute to inflation given that switching to alternative energy sources will not be cheap or quick, and there is no replacement for oil which is used in so many products.
@onedaily24713 жыл бұрын
Exactly. US government cannot pay interest on its debt. The Fed will do QT.
@karenwilliams44873 жыл бұрын
@adam taggart - I’ve been following your channel since before it had such wide appeal. I am so impressed by your thoughtful interview techniques & questions and the high quality of your guests. I just want to say thank you for what you do!!!! 🙏🏼
@Wealthion3 жыл бұрын
Wow, thank you, Karen! That's very kind. Not sure I deserve such high praise, but will continue working hard to earn it!
@edwardmclaughlin79353 жыл бұрын
Inflation - the increase in money supply. The Fed - the organisation that has, and continues to, massively increase money supply.
@jamesbetker68622 жыл бұрын
At the present time the FED is buying up the short-term Notes being sold into the secondary markets by China and Brazil. If it ever misses a buy, those chickens will come home to roost.
@christiansongs96643 жыл бұрын
Thanks for all your hard work!
@michaeldelsesto27423 жыл бұрын
How it ends is self fulling. Cost of goods go up, people stop buying, companies close, economic markets collapse, people start working for less money just to get a job and it's a total reset. Liquidity is gone, markets correct through a depression and we're good to go again. Just have to get past the pain.
@antlu653 жыл бұрын
Video should be named "What happens when Fed fails to tame inflation" Comeon, we all know they wont tame it
@manaoharsam42112 жыл бұрын
Very smart group. I really enjoy listening to all the videos.
@johnbirman58403 жыл бұрын
I am glad your guest gave his personal (approximate) portfolio position. This should be standard for any guest appearing on this channel. As a newly retired (sort of) person, and listening to the well reasoned views by numerous guests, my portfolio is about 15-20000 better off than it would have been this year. The hardest decision to make is to follow up on that decision. Thanks Adam!!
@Gauge1LiveSteam3 жыл бұрын
inflation punishes savers.
@conagri50003 жыл бұрын
It punishes everyone except the 1%.
@Gauge1LiveSteam3 жыл бұрын
@@conagri5000 inflation rewards debtors. It makes current debt cheaper in the future
@conagri50003 жыл бұрын
@@Gauge1LiveSteam I'm aware. US bond debt around 29 trillion, the primary reason they are creating inflation. On purpose.
@Gauge1LiveSteam3 жыл бұрын
@@conagri5000 eventually there will be a default. Some or part of the military, social security/Medicare or bond holders. It will be significant. Don't think inflation will work out the debt
@lesterchua26773 жыл бұрын
Not if you save in gold. As in real physical gold bullions.
@charlesoleary30663 жыл бұрын
I don’t think they want to tame it anyway. It will be the next crisis
@cukdu19193 жыл бұрын
I would love to attend the conference but unfortunately $399 cad is too much for me right now. I know it'll be worth it. Does anyone think I'll be able to get the videos on a discount after the conference? Just curious. Love the content on this channel!
@jeffreygoss81093 жыл бұрын
That’s a good question.
@onedaily24713 жыл бұрын
The Fed cannot raise rates because of $30 trillion of government debt. Most likely the Fed will emphasize QT (quantitative tightening).
@gregspeth79103 жыл бұрын
If they don’t stop inflation we are finished
@surfspearlift86753 жыл бұрын
He has a copy of Value Investing for Dummies on his bookshelf. I can’t decide if this is a good or bad thing 😁
@manaoharsam42112 жыл бұрын
Not only I did subscribe but posted link to most family members so you can get more subscriptions. You all deserve it.
@manfredmustermann62863 жыл бұрын
Interest needs to be at least at 8%
@lastlivingoldcowboy90823 жыл бұрын
I BELIEVE YOU ARE OPTIMISTIC. INFLATION IS REALLY 15% SO... BREAKING INFLATION WOULD REQUIRE A 17% INTEREST RATE. WE ARE SO SCREWED.
@barrybearman35113 жыл бұрын
It won’t happen. Maximum 2% I suspect.
@onedaily24713 жыл бұрын
They will stop at 2%. US government is bankrupt and cannot pay interest on its $30+ trillion of debt. The only option for the Fed is QT - asset price depreciation.
@bbustin17473 жыл бұрын
Surprised to hear this person believes the financial system is better now than 2007. I would like to see his balance sheet and compare it to the nation with the reserve currency. He has an interesting perspective
@grayarcana3 жыл бұрын
Inflation is a hump: Christine le Garde said so. It’s just the prices that stay up if it’s just a hump.
@paulpetersen8793 жыл бұрын
When has the Fed ever been right?
@rclc933 жыл бұрын
This fellow really connected with the way I think!
@bbustin17473 жыл бұрын
They re not capable of raising anything other than nominal .... there are no Voulkers anywhere in the FED or in the executive branch. Presently markets are believing what has happened since 2008 in respect to inflation will always remain they will keep inflating and blaming
@peterscherling11413 жыл бұрын
What if the fed fails to pay themselves no more then the national average income to stop thee inflation?
@jeffreygoss81093 жыл бұрын
They make all their money from outside influences or insider trading.
@phak72263 жыл бұрын
Wealthion the Fed just released a 40 page document with a 22 questionnaire regarding digital currency or what they term CBDC so when will you be presenting a podcast in regards to this very important topic and what effects such a thing will mean for the dominance of the petro-dollar in digital form
@pedroalvarado95113 жыл бұрын
It’s going to happen, or else they wouldn’t of even write it, released it, included it in their calendar…….. if you do research on the top 10 cryptos you will find one that has partnership with a bunch of central and regional banks. Buy as much of that coin as possible because that’s going to be replacing the petrol dollar in international monetary exchange/settlement. Which means that the effect this will have is that the petro dollar will go bye bye lol. There will be a digital US dollar but it will NOT be the worlds reserve currency. It will be included in a basket of the top 5-10 world currencies that determine the price of what eventually becomes somthing like the SDR which will replace it as the worlds reserve cirrency.
@HidingFromFate3 жыл бұрын
@@pedroalvarado9511 Algorand?
@pedroalvarado95113 жыл бұрын
@@HidingFromFate XRP
@HidingFromFate3 жыл бұрын
@@pedroalvarado9511 Interesting, thanks. XRP is one of those few cryptos like Cardano that has an extremely rabid (or dedicated, depending upon your perspective) following that's also vilified by others in the crypto space.
@mh017693 жыл бұрын
"Expending economy" due to Fed = debt
@BrianHeimbuecher3 жыл бұрын
I hear ya, Axel... I'm geared toward miners (precious and base metals) and streaming royalty equities. Probably 70% of my stocks are in miners. The Great Bear takeover was a nice catch, although Kinross has a role in that nasty accident in Africa that demolished a town. And we get Kinross shares for Great Bear shares. Vale has some problems with tailing ponds that are failing, and while I don't own it, Glencore was in The Panama Papers and will have to pay some back-taxes. But crypto is showing it's on par with Pet Rocks when it comes to 'stores of value'; Russia and China are socking away the yellow metal. Platinum will have its day again when they start making cars. And companies like BHP and Mesabi Trust offer great dividends. It should be an interesting 3Q22...
@rof82003 жыл бұрын
Network effects are the best defences against inflation
@RadicallyFRUGAL3 жыл бұрын
Mathematically the Federal Reserve can't tame inflation and the absolute value of the federal debt is greater than the gross domestic product any interest rate increase would cause guest service on the federal debt to spiral out of control almost immediately example 10-year treasury treasury go to 4% most of the federal debt is on a short rollover term it's not in finance long-term as it rolls over into higher interest rates the weighted average cost of the debt increases dramatically once it reaches 3% interested over a trillion dollars a year and climbing boom!
@JKlessig3 жыл бұрын
How soon will house prices start falling after interest rate hikes? If house prices continue to rise after rate hikes, what will that mean for for first time home buyer’s?
@ryanwalthuis19283 жыл бұрын
Means we’re screwed
@maplenook3 жыл бұрын
What happens? Lebanon, Venezuela happens
@GermanHodl3 жыл бұрын
Gold 🥇 Silver 🥈 and oil 🛢
@lanab41033 жыл бұрын
We deceive ourselves on risk and what we think is safe
@slovokia3 жыл бұрын
Go long TIPs and short nominals would be one way to bet against inflatuon being contained but I am sure fixed income traders could devise a better approach.
@lastlivingoldcowboy90823 жыл бұрын
Everything old is new again Never believe that the markets have changed. It's always a risk on/risk off game. Chartists are often wrong but your gut will always serve you well.
@Q1776Q3 жыл бұрын
At some point Gold and Silver will explode upward......
@christopherbic76883 жыл бұрын
Excellent Adam. Keep up the great work you are doing. Shalom.
@gabemendoza10523 жыл бұрын
A whole lot of rich people will die. Where's the surprise part again? Here's my advice to you financial people: Don't walk the streets like you have money. The situation is that dire. I am serious, cut up your clothes to blend in, otherwise you are getting robbed. You'll have to start looking poor just to give the impression you're like everyone else.
@oliverjoseph97923 жыл бұрын
As the economy crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive,as well as secure a profitable investment future
@brandonbaker58843 жыл бұрын
Gold, silver repeat .
@Not_So_Weird_in_Austin3 жыл бұрын
I would look at value, earnings in a time of inflation, pricing power to maintain profits if raising prices
@bbustin17473 жыл бұрын
1m to generate income. Lots of business opportunities if you have a business mind even in challenging times and retired. just buying used cars over the last year would have generated 20-30 Percent. Always be ahead of the curve.
@trappevasken3 жыл бұрын
If???
@dkvikingkd2333 жыл бұрын
come on dude, having a million dollars makes it easy, stop yourself, 90 something percent of people are nowhere near that kind of money...
@Kevin_403 жыл бұрын
END THE DUCKING FED!
@dooolittle3 жыл бұрын
How did he figure we are in "expanding economy"? How are we exactly expanding? Agreed with comments here that his comments are weak and doesn't hold any values...
@ronfesta7713 жыл бұрын
Me thinketh easy in Sydney, Australia where in the Greater West an investor can purchase a property on large piece of land. There they can build what is called a two bedroom granny/fonzie flat and a studio, as per Axles example all for....... under a million. Income generation would be an approximate safe 5% compounding yearly!!! No brainer!!!😉🙂
@investmentdrone2833 жыл бұрын
Watch out for guys like Axel who tell you they are still in stocks; just because you are a money manager, it doesn't mean you are not one of the BTFD crowd. Today's market action should convince you that they are wrong.
@jeffreygoss81093 жыл бұрын
I agree, but he has mandates to remain in mining equities
@investmentdrone2833 жыл бұрын
@@jeffreygoss8109 All stocks will go down once the margin calls start. Eventually gold mining companies might come back, but initially they will be dumped to satisfy those margin calls.
@jeffreygoss81093 жыл бұрын
@@investmentdrone283 oh I agree.
@spyderhead71603 жыл бұрын
👍
@miguelmachado32593 жыл бұрын
Can he afford the downturn? ... I would give him a call in a month ... Max 2
@merlinwizard10003 жыл бұрын
2nd
@leinad52433 жыл бұрын
Fed becomes chicken hawk very soon
@pt2393 жыл бұрын
They hsve not hile yrt and by expection market already crashing red every fking day slmost
@deanmyers98893 жыл бұрын
His wife runs his mind !
@truenest3 жыл бұрын
He is vague not helpful half the time I could not understand what he is trying to say and as usual they all don’t answer questions directly!
@kingmantime3 жыл бұрын
Glad you mention Axel is not a financial advisor because he did not inspire confidence in his ability to predict markets