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Animal Spirits Podcast

Inflation Truthers (EP.185)

Animal Spirits Podcast

The Compound

Investing, Business, News, Business News

4.72.1K Ratings

🗓️ 6 January 2021

⏱️ 41 minutes

🧾️ Download transcript

Summary

On this week's show we discuss why inflation isn't being understated, why the economy is so difficult to understand, why growth is outperforming value, the case for higher returns even with valuations so high, why Bitcoin is a religion, how incomes rose during the pandemic and much more.   Find complete shownotes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Like us on Facebook And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Today's animal spirits is brought to you by our friends on why charts.

0:03.0

I want to go on a rant today about inflation truthers who believe that inflation is higher

0:07.3

than the reported figures.

0:08.3

And so to do this, I'm writing a long piece on this, but we're also going to talk about

0:11.2

on the podcast today.

0:12.4

I use why charts for a ton of economic information. piece on this but we're also going to talk about on the podcast today. I used

0:12.6

Y charts for a ton of economic information so I looked at inflation that can go

0:16.6

back to the 1970s. I looked at the commodities chart going back to the

0:19.6

1990s. I looked at GDP growth versus nominal and real going back to the 70s I looked at

0:24.5

wage growth and I'm comparing all these things and it was so easy to do on why charts

0:28.1

because they have a search feature where you can look at specific indicators or

0:31.6

just search them if you can't find them and

0:34.0

white charts is very helpful in these things so go to white charts tell them animal

0:37.3

spirits sent you and get 20% off your Nisler subscription.

0:39.7

Welcome to Animal Spirits a show show about markets, life, and investing.

0:45.0

Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, and watching.

0:51.0

Michael Batnick and Ben Carlson work for Ritholz wealth management.

0:55.4

All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions

0:59.7

and do not reflect the opinion of Ritholz wealth management. This podcast is for informational purposes only. not be relied on

1:03.0

for informational purposes only and should not be relied upon for

1:06.4

investment decisions. Clients of writ holds

1:08.3

wealth management may maintain positions in the securities discussed in this

...

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