4.7 • 1K Ratings
🗓️ 13 November 2024
⏱️ 30 minutes
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0:00.0 | Hello, fellow Robo Capital, I hope you're well. We've got the new CPI data out and the annual year over year number has gone up. So this begs the question, what does the Fed do now? They've got year over year CPI going up. They just cut by 25 basis points. They cut by 50 basis points prior. So down 75 basis |
0:26.1 | points. We're talking about Fed funds. So in December, when they meet next, are they going to pause? |
0:33.2 | Are they going to drop rates by 25 basis points? And let's go back. |
0:38.2 | If they do pause, is this the last that we will see of rate cuts? |
0:44.1 | Has this been the entire rate cutting cycle? |
0:48.3 | Will they raise rates going into 2025? |
0:51.8 | Because the Trump economy is going to be booming. |
0:56.1 | Because we all know the secret to a booming economy is just increased taxes on imports. |
1:04.7 | As long as you can, the higher you can increase taxes on imports, obviously, this has been proven over and over and over |
1:14.1 | again, the better your economy will be. It's the secret that nobody's talking about. In fact, |
1:21.4 | if every country just jacked tariffs across the board on imports, Let's say three, four, five hundred percent. |
1:30.7 | This is obviously the solution we need for the global economy slowing. I mean, why didn't |
1:36.7 | China think of this? They're trying to do all this stimulus. This is ridiculous. We all know that |
1:42.9 | instead of doing this stimulus, all they have to do is throw on a 200% tariff across the board. |
1:49.2 | And that's going to save their economy. |
1:51.3 | Anyway, let's get back to the, let's get back to the CPI stuff. |
1:57.9 | We're going to go over to CNBC. And for you, oh, Gs of the Rebel Capitalist |
2:05.2 | channel, I think you can sense my sarcasm there. You know what I think of tariffs. A lot of what |
2:10.0 | Trump is doing is fantastic. But I'm going to call him out on the stuff that he's doing that is |
2:15.6 | absolutely stupid and adds to the central plan. |
2:19.4 | We want less central planning, not more central planning. |
2:23.0 | You can't get less central planning by doing more central planning. |
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