Thu, 21 December 2017
Yellen raises interest rates for 5th and final time as FED chair. Powell will start term as Yellen 2.0 and then morph into Bernanke 2.0.
Fed Chairwoman, Janet Yellen, has raised interest rates for the last time under her tenure. This is the 5th time interest rates have been raised under Yellen. For that matter, this is the 5th time interest rates have been raised since the financial crisis began in 2008! So we’ve had near 0% interest rates for 10 years and the fed thinks it’s getting tight when interest rates are at 1.5%!? This is crazy! We still negative interest rates when you figure in the inflation rate! We’re not in some miraculous recovery like most in the media believe.
Direct download: jmsEp166-Yellen_raises_interest_rates_for_last_time.mp3
Category:Business, News & Politics, Education -- posted at: 2:31pm MDT
Sun, 10 December 2017
The Bitcoin futures market is now open and the bitcoin mania continues by hitting an all-time high over $17,000 per BTC! Is this the next tulip bubble from Holland in the 1600’s?
The Bitcoin futures market is now open! What does this mean for Bitcoin now that people have the ability to short it? If you look at a chart of Bitcoin it literally goes straight up! How long will this bitcoin bull market continue? In a two week period, Bitcoin went from $8,000 per coin to $16,000! There’s definitely a lot of similarities between Bitcoin and the tulip bulb mania from the 1600s. People literally were trading their houses for a single tulip bulb! What, you say this time is different? From what I have seen from history, this time is never different.
Sun, 3 December 2017
The fall of Matt Lauer and the rise of Bitcoin! Also, the FED is thinking about making its own cryptocurrency!?
More sexual allegations have come out and the latest person to fall and be fired is the long time “Today” co-host, Matt Lauer. Every day it seems like there’s someone else! Also, Janet Yellen fears a boom and bust if we don’t stay ahead of inflation by keeping up with interest rates. This is more evidence that my theory on Janet Yellen is correct. And Bitcoin has recently went over $10,000 per coin and now even the FED is thinking about making its own cryptocurrency! Lots to get to on today’s show!