11 Burst results for "Federal Reserve Building"
Crypto Voices
"federal reserve building" Discussed on Crypto Voices
"I think it's an interesting argument because Matt talked about this the other day on another podcast, but the idea that you have so much innovation in the banking and finance world in Europe as compared to the United States, that is in itself an issue and a problem and slows things down and those of us who hold a foot in both continents makes it much more difficult to transfer money. So I do think there will have to be advantages, but that's on the private sector side. That's on the bank side. That's on the financial apps and inclusion side. It's not up to the government to make it so that people can spend the money as easily as possible. They're doing a very good job of that on their own. But when it comes to the sort of consumer application of money, you should have private innovators come up with all kinds of different things. We see right now. I mean, this is related to the operation choke .2, but cash app and specifically square and block. I mean, they're sort of in the crosshairs for many different short sellers and who knows law enforcement, no idea. But there you've had a good financial product that a lot of people can use. They're able to use Bitcoin natively and the U.S. dollar natively. They're able to use the lightning network on there. And we just don't have that with so many other applications and apps. The only problem will be what are the on and off ramps. And that's where China just says, hey, we'll just control everything. From a to Z, but in the U.S., there's just all these different compliance things. It's very difficult to be able to actually send dollars if you don't have the correct permissions. So I agree there's got to be innovation. I just don't think it has to take place out of the Federal Reserve building
Marketplace with Kai Ryssdal
"federal reserve building" Discussed on Marketplace with Kai Ryssdal
"There are two main interconnected stories in the economy this week. Banks is one, the fed is the other. The Central Bank starts a two day meeting on interest rates tomorrow. And you don't have to be an economist to know that this meeting is going to be a doozy. But we have called an economist to talk banks in the fed and some other things. Nina hackers at the university of Rhode Island. Welcome to the program. That's great to be here. Before we get to the fed and the events of the last like ten days or so, give me your 32nd update on the state of this economy right now. What do you think? We are going through some big wobbles, but the Federal Reserve is doing everything it can in tandem with other big central banks, practically around the world to reassure banks in their respective countries that they will get them through the problems at hand. So let me get you to that problems at hand thing. You saw the news over the weekend. I'm sure lots of people have seen it. The fed and a lot of other central banks, the fed is going to expand to the benefit of other central banks rather. Dollar swaps availability. That is to say, the Federal Reserve is going to make dollars available to basically any Central Bank that wants it. That kind of smacks like 2008. And I wonder if people hearing that are going to go, oh my goodness, are we there again? We're not there again. Let's just be clear about that, right? I agree. I don't think we are there yet. Those central banks may appear to be acting heavy handed in this response what they seem to be demonstrating is an understanding that panics have escalated and by transitioning to this huge response, they are doing what they can to bring things back under control. Okay, so all of that said, let's teleport ourselves to Wednesday and Jay Powell stepping up to the microphones in the Federal Reserve building there on constitution avenue and saying, good afternoon, it's good to be here. And then having to walk a very delicate line depending on what the fed decides to do, whether raising rates or pausing, talk to me about the fed's communication challenge right now. So the fed since the start of 2023 has been really in huge damage control mode about inflation. It has been raising rates over most of 2022 in order to curb borrowing in order to curb spending, however, with all these banks in trouble. The fed is simultaneously engaging in massive relief efforts, actively lending out billions of U.S. dollars to banks. In order to keep them from collapsing. So these look like 180° difference. What I suspect the fed is thinking about is to what degree the current financial panics will do the job that rate hikes have been doing, banks are likely to dial back from lending in this moment. And in the process that may decrease the need for the fed to keep raising rates to the degree that it has. Let's talk next steps in the banking situation that we have now. I talked to Dan trujillo last week, a former chair of the committee on supervision and regulation at the fed as you know. And he said, look, I think there's more regulation coming. I think we may see broader insurance there for deposits above and beyond $250,000. What do you think we're going to see? I think it is a very bad look for bankers to lobby for deregulation and then fail, which is something that the head of SVB and signature bank had been a part of. I think that the fed is coming under a lot of scrutiny for not drawing more attention to these underlying risks in the financial system overall. And I think that it really is not a good look when other parts of the fed's strategy for cooling inflation have a parent impacts for homeowners that are trying to buy a house or for workers who may be at risk of losing their job for banks that have opposed regulation to look as though they are getting a free pass. In all of this. Let me get you back to where we started the wobbles that you've seen out. Do you suppose that this is a passing moment? And look, I understand this is a really tricky question, right? Especially when there's a microphone in your face. But do you suppose this is a passing moment or is it the precipice possibly of deeper problems in the larger economy, not just banking? I think that what it speaks to is a broader moment of uncertainty. And this was always a possible outcome when the fed started targeting rate hikes. I mean, the desired outcome of increasing rates is to make it harder for entities to borrow to discourage banks from lending. But that can create funding problems for the financial institutions themselves. I suspect we will continue to see banks come into trouble. But I really hope I maintain faith that these central banks know enough about the recent past and even the farther past if we look back to 2008 and 2009 to see the costs of not engaging in large action when it's called for. You know, a hacker is an assistant Professor of economics at the university of Rhode Island. Professor, thanks for your time. I do appreciate it. Thank you so much for having me.
Bloomberg Radio New York
"federal reserve building" Discussed on Bloomberg Radio New York
"Me now with a look ahead what to expect Bloomberg's global economics and policy editor Mike McKay Let me guess the Democrats are going to try to get him to blame Republicans the Republicans are going to try to get him to claim the Democrats You know too much about American politics Anything substantive coming out of this or what There will be substantive discussions but whether there will be anything we don't already know I would doubt because he just had a news conference for an hour last week and basically explained where the fed is Now he left some things uncertain One of the biggest questions is what do they do next 50 or 75 He said they could do either one To that he'll say we won't know and then maybe somebody asked him well what are you going to be looking at What will tell you that you need to go a bigger if that's indeed the case And so maybe there's something from the markets to learn there But other than that it's probably going to be more of an explanation of why the fed doesn't really know what's going to happen Okay that news conference is talking about some wise acre got up and asked if they can really control the type of inflation that we're seeing Yeah I wouldn't know that You know when I go to the gas station fill up for 70 bucks for my car and go buy groceries at the grocery store and that cost me $200 for a jar of peanut butter I asked him whether they were looking at the core rate or the headline rate because the headline rate I only buy and he said the consumer He said John Tucker in particular doesn't understand core inflation Because he pays for gasoline and food But that's really the argument is the has to look at the impact of headline inflation the impact of gasoline prices And food prices because they're particularly concerned about inflation expectations That's what drove them to change their minds and go 75 basis points to jump in the University of Michigan's consumer sentiment measure of consumer inflation expectations And can we stop there What's the big deal about the expectations from consumers far out The concern is that if expectations elevate and remain elevated then what people are going to do is expect inflation to occur and then take steps to mitigate it like going to their boss and asking for a raise and they'll say well the other cost of living sir I got to give you a raise but to pay for it I'm going to raise prices even more That's what we saw happen in the 1970s and central bankers everywhere have basically learned that less than and said we're not going to do that again You mentioned the 1970s There were some comparisons to the Volcker era We're not there Are we There are many differences between now and the Volcker era For one thing the central banks understand the problem better and are going to attack it Energy is not as central to the economy Yes you don't like paying 5 $6 a gallon For gasoline but in terms of the gasoline that you use you're using much less because cars are much more efficient And the same with power In our houses So there are differences between now and then The biggest difference that they don't seem to have been able to get across to the public yet is that they're coming out of the coronavirus pandemic And prices went up on a lot of things for a lot of reasons related to the pandemic When the pandemic shut everything down the rental car companies didn't need cars because nobody could travel So they sold off their car fleets And then we reopened And now everybody's going on vacation and needs a car And so rental car prices are way up And because they had to restock their fleets used car prices went way up Those things are going to disappear as inflation providers because the red car companies will have their fleets And they will have made back enough money when the fleets get big enough Somebody will start undercutting other people and prices will level off And that's what the fed meant by transitory The problem is COVID wasn't transitory It kept coming back And so the problem hasn't gone away yet Some of those things will disappear inflation will go down but is there a fundamental built in inflation that's what the fed is worried about that people are starting to think there's going to be inflation So prices are going to keep rising Yeah and there was a lot of spending on the part of the government and the Federal Reserve building up its balance sheet What was the alternative back in 2008 in the financial crisis What was the alternative Probably complete disaster There's two arguments One that there was no alternative at the time when they first started doing that And some people would say that when the Biden plan was put forward it was too large And they kind of knew that but as you said what's the alternative The other aspect and argument that's made is that even if you did that you should have recognized sooner that that was going to be inflationary and started taking steps to mitigate it The fed should have stopped buying bonds in QE much earlier and started maybe raising rates earlier So they wouldn't have to go as far as fast as they are now All right Mike always a pleasure Bloomberg global economics and policy editor.
Bloomberg Radio New York
"federal reserve building" Discussed on Bloomberg Radio New York
"Ahead what to expect Bloomberg's global economics and policy editor Mike McKay let me guess the Democrats are going to try to get him to blame Republicans the Republicans are going to try to get him to claim the Democrats You know too much about American politics I mean anything substantive coming out of this or what There will be substantive discussions but whether there will be anything we don't already know I would doubt because he just had a news conference for an hour last week and basically explained where the fed is Now he left some things uncertain One of the biggest questions is what do they do next 50 or 75 He said they could do either one To that he'll say we won't know and then maybe somebody asked him well what are you going to be looking at What will tell you that you need to go a bigger if that's indeed the case Maybe there's something from the markets to learn there But other than that it's probably going to be more of an explanation of why the fed doesn't really know what's going to happen Okay that news conference is talking about some wise acre got up and asked if they can really control the type of inflation that we're seeing Yeah I wouldn't know that You know when I go to the gas station fill up for 70 bucks for my car and go buy groceries at the grocery store and that cost me $200 for a jar of peanut butter I asked him whether they were looking at the core rate or the headline rate because the headline rate I only buy cool And he said the consumer he said John Tucker in particular doesn't understand core inflation Because he pays for gasoline and food But that's really the argument is the has to look at the impact of headline inflation the impact of gasoline prices And food prices because they're particularly concerned about inflation expectations That's what drove them to change their minds and go 75 basis points of jump in the University of Michigan's consumer sentiment measure of consumer inflation expectations And can we stop there What's the big deal about the expectations from consumers far out The concern is that if expectations elevate and remain elevated then what people are going to do is expect inflation to occur and then take steps to mitigate it like going to their boss and asking for a raise and they'll say well the other cost of living sir I got to give you a raise but to pay for it I'm going to raise prices even more That's what we saw happen in the 1970s and central bankers everywhere have basically learned that less than and said we're not going to do that again Okay you mentioned the 1970s There were some comparisons to the Volcker era We're not there are we There are many differences between now and the Volcker era For one thing the central banks understand the problem better and are going to attack it Energy is not as central to the economy Yes you don't like paying 5 $6 a gallon For gasoline but in terms of the gasoline that you use you're using much less because cars are much more efficient And the same with power In our houses So there are differences between now and then The biggest difference that they don't seem to have been able to get across to the public yet is that they're coming out of the coronavirus pandemic And prices went up on a lot of things for a lot of reasons related to the pandemic When the pandemic shut everything down the rental car companies didn't need cars because nobody could travel So they sold off their car fleets and then we reopened and now everybody's going on vacation and needs a car and so rental car prices are way up And because they had to restock their fleets used car prices went way up Those things are going to disappear as inflation providers because the red car companies will have their fleets And they will have made back enough money when the fleets get big enough Somebody will start undercutting other people and prices will level off And that's what the fed meant by transitory The problem is COVID wasn't transitory It kept coming back And so the problem hasn't gone away yet Some of those things will disappear inflation will go down but is there a fundamental built in inflation that's what the fed is worried about that people are starting to think there's going to be inflation So prices are going to keep rising Yeah and there was a lot of spending on the part of the government and the Federal Reserve building up its balance sheet What was the alternative back in 2008 and the financial crisis What was the alternative Probably complete disaster There's two arguments One that there was no alternative at the time when they first started doing that And some people would say that when the Biden plan was put forward it was too large And they kind of knew that but as you said what's the alternative The other aspect and argument that's made is that even if you did that you should have recognized sooner that that was going to be inflationary and started taking steps to mitigate it The fed should have stopped buying bonds and QE much earlier and started maybe raising rates earlier So they wouldn't have to go as far as fast as they are now All right Mike always a pleasure Bloomberg global economics and policy editor Michael.
Bloomberg Radio New York
"federal reserve building" Discussed on Bloomberg Radio New York
"Look ahead what to expect Bloomberg's global economics and policy editor Mike McKay Let me guess the Democrats are going to try to get him to blame Republicans the Republicans are going to try to get him to claim the Democrats You know too much about American politics I mean anything substantive coming out of this or what There will be substantive discussions but whether there will be anything we don't already know I would doubt because he just had a news conference for an hour last week and basically explained where the fed is Now he left some things uncertain One of the biggest questions is what do they do next 50 or 75 He said they could do either one To that he'll say we won't know and then maybe somebody asked him well what are you going to be looking at What will tell you that you need to go a bigger if that's indeed the case Maybe there's something from the markets to learn there But other than that it's probably going to be more of an explanation of why the fed doesn't really know what's going to happen Okay that news conference is talking about some wise acre got up and asked if they can really control the type of inflation that we're seeing Yeah I wouldn't know that You know when I go to the gas station fill up for 70 bucks for my car and go buy groceries at the grocery store and that cost me $200 for jar of peanut butter I asked him whether they were looking at the core rate or the headline rate because the headline rate I only buy cool and he said the consumer He said John Tucker in particular doesn't understand core inflation Because he pays for gasoline and food But that's really the argument is the panic has to look at the impact of headline inflation the impact of gasoline prices And food prices because they're particularly concerned about inflation expectations That's what drove them to change their minds and go 75 basis points to jump in the University of Michigan's consumer sentiment measure of consumer inflation expectations And can we stop there What's the big deal about the expectations from consumers far out The concern is that if expectations elevate and remain elevated then what people are going to do is expect inflation to occur and then take steps to mitigate it like going to their boss and asking for a raise and they'll say well the other cost of living sir I got to give you a raise but to pay for it I'm going to raise prices even more That's what we saw happen in the 1970s And central bankers everywhere have basically learned that lesson and said we're not going to do that again You mentioned the 1970s There were some comparisons to the Volcker era We're not there Are we There are many differences between now and the Volcker era For one thing the central banks understand the problem better and are going to attack it Energy is not as central to the economy Yes you don't like paying 5 $6 a gallon For gasoline but in terms of the gasoline that you use you're using much less because cars are much more efficient And the same with power In our houses So there are differences between now and then The biggest difference that they don't seem to have been able to get across to the public yet is that they're coming out of the coronavirus pandemic And prices went up on a lot of things for a lot of reasons related to the pandemic When the pandemic shut everything down the rental car companies didn't need cars because nobody could travel So they sold off their car fleet And then we reopened And now everybody's going on vacation and needs a car And so rental car prices are way up And because they had to restock their fleets used car prices went way up Those things are going to disappear as inflation providers because the rent a car companies will have their fleets And they will have made back enough money when the fleets get big enough Somebody will start undercutting other people and prices will level off And that's what the fed meant by transitory The problem is COVID wasn't transitory It kept coming back And so the problem hasn't gone away yet Some of those things will disappear inflation will go down but is there a fundamental built in inflation that's what the fed is worried about that people are starting to think there's going to be inflation So prices are going to keep rising Yeah and there was a lot of spending on the part of the government and the Federal Reserve building up its balance sheet What was the alternative back in 2008 in the financial crisis What was the alternative Probably complete disaster There's two arguments One that there was no alternative at the time when they first started doing that And some people would say that when the Biden plan was put forward it was too large And they kind of knew that but as you said what's the alternative The other aspect and argument that's made is that even if you did that you should have recognized sooner that that was going to be inflationary and started taking steps to mitigate it The fed should have stopped buying bonds and QE much earlier and started maybe raising rates earlier So they wouldn't have to go as far as fast as they are now All right Mike always a pleasure Bloomberg global economics and policy editor Michael McKee.
Bloomberg Radio New York
"federal reserve building" Discussed on Bloomberg Radio New York
"Ahead what to expect Bloomberg's global economics and policy editor Mike McKay Let me guess the Democrats are going to try to get him to blame Republicans the Republicans are going to try to get him to claim the Democrats You know too much about American politics I mean anything substantive coming out of this or what There will be substantive discussions but whether there will be anything we don't already know I would doubt because he just had a news conference for an hour last week and basically explained where the fed is Now he left some things uncertain One of the biggest questions is what do they do next 50 or 75 He said they could do either one To that he'll say we won't know and then maybe somebody asked him well what are you going to be looking at What will tell you that you need to go a bigger if that's indeed the case And so maybe there's something from the markets to learn there But other than that it's probably going to be more of an explanation of why the fed doesn't really know what's going to happen Okay that news conference is talking about some wise acre got up and asked if they can really control the type of inflation that we're seeing Yeah I wouldn't know that You know when I go to the gas station fill up for 70 bucks for my car and go buy groceries at the grocery store and that cost me $200 for a jar of peanut butter I asked him whether they were looking at the core raid or the headline rate because the headline rate I only buy cool and he said the consumer He said John Tucker in particular doesn't understand core inflation Because he pays for gasoline and food But that's really the argument is the has to look at the impact of headline inflation the impact of gasoline prices And food prices because they're particularly concerned about inflation expectations That's what drove them to change their minds and go 75 basis points to jump in the University of Michigan's consumer sentiment measure of consumer inflation expectations And can we stop there What's the big deal about the expectations from consumers far out The concern is that if expectations elevate and remain elevated then what people are going to do is expect inflation to occur and then take steps to mitigate it like going to their boss and asking for a raise and they'll say well the other cost of living sir I got to give you a raise but to pay for it I'm going to raise prices even more That's what we saw happen in the 1970s and central bankers everywhere have basically learned that less than and said we're not going to do that again Okay you mentioned the 1970s There were some comparisons to the Volcker era We're not there Are we There are many differences between now and the Volcker era For one thing the central banks understand the problem better and are going to attack it Energy is not as central to the economy Yes you don't like paying 5 $6 a gallon For gasoline but in terms of the gasoline that you use you're using much less because cars are much more efficient And the same with power In our houses So there are differences between now and then The biggest difference that they don't seem to have been able to get across to the public yet is that they're coming out of the coronavirus pandemic And prices went up on a lot of things for a lot of reasons related to the pandemic When the pandemic shut everything down the rental car companies didn't need cars because nobody could travel So they sold off their car fleet And then we reopened And now everybody's going on vacation and needs a car And so rental car prices are way up And because they had to restock their fleets used car prices went way up Those things are going to disappear as inflation providers because the red car companies will have their fleets And they will have made back enough money when the fleets get big enough Somebody will start undercutting other people and prices will level off And that's what the fed meant by transitory The problem is COVID wasn't transitory It kept coming back And so the problem hasn't gone away yet Some of those things will disappear inflation will go down but is there a fundamental built in inflation that's what the fed is worried about that people are starting to think there's going to be inflation So prices are going to keep rising Yeah and there was a lot of spending on the part of the government and the Federal Reserve building up its balance sheet What was the alternative back in 2008 in the financial crisis What was the alternative Probably complete disaster There's two arguments One that there was no alternative at the time when they first started doing that And some people would say that when the Biden plan was put forward it was too large And they kind of knew that but as you said what's the alternative The other aspect and argument that's made is that even if you did that you should have recognized sooner that that was going to be inflationary and started taking steps to mitigate it The fed should have stopped buying bonds and QE much earlier and started maybe raising rates earlier So they wouldn't have to go as far as fast as they are now All right Mike always a pleasure Bloomberg global economics and policy editor Michael McKee Just to Hannah Bloomberg daybreak weekend if you're traveling to the UK this.
Bloomberg Radio New York
"federal reserve building" Discussed on Bloomberg Radio New York
"Cable listings Right now with the inflation data the way it is and with the job market as strong as it is in many dimensions I do think that you know we have to be in a position that if we need to raise rates you know a couple of times next year we're able to do that So again quickening the tapering is a set optionality The Federal Reserve building in some flexibility that was Loren ambas the Cleveland Federal Reserve president catching up with Kathleen Hayes on Bloomberg Yesterday from New York City this morning good morning Tom Keane later parameters and Jonathan Ferro your equity market up 20 failing a bit then bouncing back at four tenths of 1% that's that 100 futures slightly negative softer down by about 6 points call it 5 We're negative 0.03% there Yields are higher by not much now by two basis points to one 42 on tens and your stock mover in the morning It's Apple in the pre market the reporting from our team here at Bloomberg the company telling its component suppliers The demand for the iPhone 13 lineup has weakened according to people familiar with the matter one 60 40 in the pre market down by 2.65% A snapshot of the analyst ratings two K just quickly 38 buys 8 holes two cells your big bull on the street right now is down knives of wet bush at 200 and mister forte over a DA Davidson looking for one 70 ton We are at one 60 right now And we look at the opportunity here right now as we will Also I want to point out we're looking for a miracle press conference out of Germany which could be of interest Tom forte joins us DA Davidson as well Tom let me cut to the chase Do you buy the dip Are you do you buy in the dip Although Tom I do worry a little that some of the $160 price of Apple is on a growing assumption that they're going to enter electronic vehicles But if you look at the multiyear upgrade cycle for 5G I think that's still intact potential softness and demand to me is consumers responding to all the news that they're not going to be able to get the product they want Apple's website You can see there's still a delay for the pro and the pro max the highest end of the 13 devices In your analysis and I'm talking about the fame four day spreadsheet How do you price in the price war a Verizon telephone and T mobile To me it's like 15 years ago It's absolutely stunning The price deals are giving people Is that in the stock It is in the stock because I do think as you pointed out it is Back to the Future to the extent that the carriers have invested billions of dollars to upgrade their networks want you to have a 5G phone And if you see the Verizon ads for example bring in your broken phone and will give you full credit It is remarkable because it wasn't that long ago where the carrier stopped giving the stipends and put more on the consumer and that's when you started seeing consumers buying their apple monthly payments and installments and things of that nature There's a gift by the carriers Apple Excuse me apologize Tom there is a question about whether this is an idiosyncratic issue having to do with people waiting for the 14 model of the iPhone four apple or whether this is actually a sign of how some of these supply chain disruptions actually dampens demand that people don't want to go to the stores if they don't know how long they have to wait which is it Great question and I think it's the latter of the two I think the consumer unfortunately is being trained that if you want a consumer electronics product this year you're probably not going to be able to get it So they're not trying Some of them are not trying Is there a larger takeaway than Tom about other electronic companies other companies that rely on the chip sector which has been particularly weighed upon by some of these supply chain disruptions Yes it's a great question The way I think about it is on the most optimistic front for supply chain disruption I think you can look at large scale retailers like Best Buy and they may realize they can't get products from Asia on the shelf in time for holiday and quit trying But if you're a company relying on chips that could be an issue for full year calendar next year We cover a headset manufacturer They've had to re-engineer their product three times to adjust for chips that are available So the chip situation could be a full year 22 issue but we may see some improvement in supply chain sooner rather than later independent of chips It's about 40 under your risk and folks in every southside research report There's a listing of risks Is president Xi and Beijing a risk for Cupertino I would say under Tim Cook's leadership it is less of a risk to the extent that he has done an amazing job managing China risk I think what you're seeing mostly unfortunately has been incremental pressure on Alibaba Tencent Some of the domestic technology companies there on data concerns Tim Cook has done amazing job managing the risk in China So I think it's a risk but it's less of a risk because of the excellent work Tim Cook has done Next year Tom what do you think is the biggest distinguishing feature for the likes of Apple for the big tech complex as we head into what a lot of people think will be a shift a rotation into the rest of the sectors that really have gotten beaten up or not really recovered to the same extent Well I do think that there's a perception that Apple and some of the large tech stocks Amazon Google and others are somehow a safe haven So maybe that view goes away next year But I didn't think we saw as much sector rotation out of technology as I expected in 2021 on an improving and reopening economy So I think there's still this 5G upgrade cycle I think could carry Apple stock independent of sector rotation in 22 Well do you want to announce a price increase right now We need to make some news here mister forte I'd love to but I'm sorry not at this point in time I think that again Tom my concern is that some of the 160 is an expectation that there's a mini Tesla for rivian or something like that in apple and that there's a call option embedded in the price So I'm going to continue to monitor the demand If you think about the quarter they had a $6 billion hits of revenue in September quarter related to supply chain in the December quarter that's like 6 lost days of revenue So look for additional details in the December quarter.
Grant’s Current Yield Podcast
"federal reserve building" Discussed on Grant’s Current Yield Podcast
"Him looking for high yields? That's never the case. He seek in 6% return. Slow and steady wins the race. When he checks his accounts just to see with their field and it's like driving in Marilyn ain't nobody yielding. What is he to do? He shouldn't be in a drought, so he visits his adviser just to sort it all out. Inflation's higher than your bond rate. That's what I was fearing. Well, this is grant's interest rate observer of the air, and the music you have heard is not count bassy, April and Paris, circa 1955. It is Remy. Just plain Remy, we have there's like Bono. There's what I don't know. Madonna. And there's Remy. And Remy Buddha sifi is our guest today. And what you heard was remmy doing a little riff on a dog money, which is, which is what the Federal Reserve produces under the name of Federal Reserve notes. Well, I'm super honored to have the intro music for this episode. Well, this is the first time ever we've been doing these things for what? 30 years? Just about. And we've always had count basically because your editor be Jim grant is rather stuck in 1955 and the Dodgers won the World Series and Count Basie produced from Paris and everything has been going more or less sideways at best since then, sometimes downhill. But we are with remi and as always, we are with the great deputy editor of grants, Evan Lorenz, we are with Henry and owain or engineers, and who else in the room? I guess that's it, right? It's just the four of us. Yeah. And what we are here to do is to talk to one of the terrific comedians, satirists, creators, videos, Remy is merely fantastic. He does all of this stuff, I think, not all of it, but much of it lately under the banner of reason, TV. And he does stand up as well and I was like perfect. It says here in Wikipedia, which is the ultimate authority and everything. Oh yeah. His videos have gained over 98 million views as of June, 2020 first. So extrapolating evidence we sometimes do in financial analysis if it was 98 million in June 2021. What is it now? A couple billion billionaire trillion maybe. Easy. Yeah. One of the grants t-shirts copyrighted grants t-shirts has the picture of the Federal Reserve building and a voice like a Pfeiffer voice in the old Village Voice cartoons come out of it and the voice is inquiring. Anybody here know what comes after trillion? So anyway, rumors got a trillion views. Yeah, it's like a hockey stick, you know? Everybody on YouTube. That's so straight up. Well, you watch after this after this, who knows what's going to happen? So remember I am tired of the sound of my own voice, which is frequently the case and I haven't even heard yet from Evan. But I would like you to tell us kind of what you're doing now..
Zero Credit(s)
"federal reserve building" Discussed on Zero Credit(s)
"Yeah why did they tranquilize anyone. If this was the plan all along just did they change it to tranquilizer darts because they wanted a lower rating but that obviously wasn't the case because it was written into the movie and then they just straight up killa butcher people later yeah it it just seemed very weird and the like out breeze showing up his what his character was doing made no sense the way people interacted with him. Made nelson's no character like talk like a human being in this entire at all. And like when i said the beginnings like okay you're setting up these brothers to be at odds with each other. They're gonna hate each other but then they don't hate each other that much. It doesn't doesn't take a lot for them to work together yet. Seems like somewhat grudging. And then they're kinda right back at it yeah it. It's it feels like that. Were breeze shows up in the boat to rescue really offer. The dominator is what most notable sentenced to be able to say. It seems like that's supposed to be this really big turning point this really big moment but like they've been kind of worried about each other and work to help each other out the entire time so it doesn't really have like a cathartic feeling yet just some versus whatsoever in fact willie freeze breeze. Willie freeze breeze. And then there's a whole other scene between willie and cassie were. They don't say his name at all. We does that. They seem to talk about turning the dominator into a car bomb. Yes does that happen. How why do they go. Get the fertilizer. The show off the giant wave. That hits i guess what a waste. What okay little. I'm focusing on the hurricane. Let's talk about what's happened. This town a church steeple gets ripped off by wind. Water destroys a plant shop and the it raises so high that they can't even the swim through it and so then you destroys half of it. Half of the town's underwater it drowns the town which like if you're on the coast. It's not like you have a lot of hills so like if you have flooding. That's that high. You would probably assume that all the city is under water at that point. The federal reserve building is undamaged throughout completely damaged completely undamaged..
Heartland Newsfeed Radio Network
"federal reserve building" Discussed on Heartland Newsfeed Radio Network
"You're going to get growth by. Tsa today deal with it like no or putting a microwave. Yeah the worst part of this unfortunate situation is the fact that no one else on the plane dared to stand up and back up the toddler parents against the insanity of forcing child to cover her face against her will. Well you know not. A lot of people are standing up for adults. Either this point but yes it is. It is particularly upsetting time and time again. We hear studies about how children are not a vector for infection. Y- everyone on. The plane was deluded into thinking that a two year old. Who refuses to put on a mask will kill everyone. Okay well objection evidence not in facts not in evidence we have. Why would that's a jump. They have just thought i best with the flight attendants. I'm going to have problems. They could just thought. I don't want to mess with what they called. The air marshal people like that doesn't follow from what happens. Objection noted in the midst of mandatory. Masking have you also noticed a glaring problem about people who get hysterical and those who refuse to wear masks. Why well yes i have. That's a matter of fact. The scientific fact is that if someone doesn't want to assume the risk of infection that person should be wearing a mask and they note the ninety five or ninety five well and as far as the evidence suggests it certainly shows that what they saw happening. They didn't consider worthy of stopping which means that they didn't think it was that unjust. No that's not true either. There's plenty of really. I been to boston. I haven't pulled over and opened fire on the federal reserve building. Because it's not gonna accomplish anything that's not a judgment of how unjust it is now but you do say you do say something about the federal reserve and no one no one says anything about it right walked in and told them off like you don't mind you haven't driven by flipped off like as you pass by the while it was okay. I think that you have Done everything in your ability to express your feelings regarding the federal reserve. It doesn't mean that. If i mean i say i say things about what i wouldn't do if i ever met this individual but that does not mean that if i was on a plane run by the federal reserve that i would try to stop what they were doing to my own detriment into no one's benefits. If if i happen to be in this situation i would. At least tern say seriously six zero three two eight three six one six zero. Are you suffering from mass delusion. As a result of the government's reaction to cove it more free talk live on the way. Look i'm sorry but you're in for a world of pain. If you use coin omi the reason is their wallet. Doesn't support payments. The solution is simple. Let them hear your voice message. Coin no me on twitter. It takes five seconds and tell them any pay sent you because they're on the fence right now and your voice will prove that people care about using bitcoin for payments. Go tweet at coin omi now or even better. Leave a review in the app store. They really pay attention there. Thanks.
Heartland Newsfeed Radio Network
"federal reserve building" Discussed on Heartland Newsfeed Radio Network
"Follow from what happens. Objection noted in the midst of mandatory. Masking have you also noticed a glaring problem about people who get hysterical at those who refuse to wear masks quite well. Yes i have. That's a matter of fact. The scientific fact is that if someone doesn't want to assume the risk of infection that person should be wearing a mask and they note the and ninety five or k and ninety five well as far as the evidence suggests it certainly shows that what they saw happening. They didn't consider worthy of stopping which means that they didn't think it was that unjust. No that's not true either. There's plenty of really under. I been to boston. I haven't pulled over and opened fire on the federal reserve building. Because it's not going to accomplish anything that's not a judgment of how unjust it is now but you do say you do say something about the federal reserve and no one and no one says anything about it right now walked in and told them off like you. Don't i mean come on. You haven't driven by flipped off like as you pass by the federal government while it was okay. I think you have done everything in your ability to express your feelings regarding the federal reserve. That doesn't mean that. If i say. I say things about what i wouldn't want new if i ever met this individual but that does not mean that if i was on a plane run by the federal reserve that i would try to stop what they were doing to my own detriment into no one's benefits. Like if i. If i happen to be in this situation i would. At least tern say seriously six three two eight three six one six zero. Are you suffering from mass delusion. As a result of the government's reaction to cove it more free talk live on the way frito. Freedom is the call of the untamed scotsman and all others. I wanna feel the wind and their kilts at free talk live. We love the breezy swinging. Feeling that only kilt from sport killed can give. We teamed up with sport killed to let you experience there form of freedom at a discount. Go to kill dot freetalklive dot com and see a picture of richie and me in our kilts and then head. Over to sport kilt dot com. Get some stylish freedom for yourself and use code f. t. l. for ten percent discount sport. Kill dot com. What if the united states and the soviet union had fallen land sea air and the astral plane struggled for dominion across parallel dimensions or on the surface of the moon. What would have been unveiled what terrorists would have haunted. Mankind from dark dismal dimensions come closer peer through a glass darkly and discover the horrifying alternative visions of world war three from some of today's greatest minds in science fiction. Fantasy and horror weird world war three available now from bain books at bain books dot com looking for a great real estate investment. Consider new hampshire which is ground zero for the liberty movement. Your first call should be to mark worden from porcupine. Real estate is more than just a real estate agent. Easier new hampshire concierge. Where are the best places to live. Do you want farm city the burbs or 'forest do you wanna duplex or multifamily buildings. So the renter's pay your mortgage their homes in all price ranges new hampshire and mark and help with financing to invest in liberty and property. Mark gordon can help real estate data com the lower end dot. Fm social media channels have been revamped. We've eliminated facebook and focused on other platforms like twitter and mastodon the decentralized alternative to twitter on our accounts you'll find posts from multiple dot. Fm show hosts together in one place us on twitter at twitter dot l. Our end on fm or better yet moved to the decentralized mastodon social media platform at toot dot l. r. n. dot fm. T. o. t. dot l. dot fm. I think you'll like it. You're listening to the heartland newsfeed radio network line at hartland. Newspeak dot com. This stream is supported by advertisers and contributions by follow us on facebook twitter and instagram's big storm setting sights on the northeast. I'm steve rappoport fox news. A winter storm expected to blanket parts of the region with up to eighteen inches of snow as it hit the east coast the mid atlantic and stretching up a little farther north where. We're going to be the most significant snowfall. Still some snow stretching back cost off across the great lakes. But we're beginning to see some of that snow through dc and this'll be lifting north of new york in the next couple of hours. Eventually up towards boston no surprise here. Winter storm watches and warnings across a very large area. Much of the east coast. Getting you up into new england. Were getting into a good heavy snow by early tomorrow morning. In new york city stretching farther south continuing perhaps in dc definitely in philadelphia areas where they will see very heavy snow. Fox news meteorologist. Adam clots senate republicans making a counteroffer to a proposed corona virus. Relief bill senator bill cassidy of louisiana. So we have a hundred sixty billion dollars we match his figure when it comes vaccination decree increase capacity to make more vaccine more quickly as well as to adapt to these variants. Which are coming across. The white house wants congress to approve nearly two trillion dollar plan. If we don't get this package as designed out the door quickly. We risk having four million fewer jobs at the end of this year. That's for moody's dot com. We risk taking a year longer to get to full employment council of economic advisers member. Jared bernstein both appearing on fox news sunday police in russia arresting more than forty seven hundred people in protest demanding the release of opposition leader alexei volley in the capital of moscow. People marched to the jail where navalny is being held as they gathered in the street. The group faced heavy law enforcement. Presence riot police hit some with batons. While chasing down and arresting others reports do indicate all these wife yulia was among those being detained as protesters show. They are willing to fight for what they see as justice. Fox's trae jinxed. America is listening to fox. News president biden plans to sign executive orders. Tuesday that the white house says will undo immigration policies enacted by former president trump. One order creates a task force to reunite migrant families separated at the border. The president is also expected to increase. Refugee admissions to the us. The president has already signed..