Federal Reserve Intervention Creates Bubbles
Is Bitcoin Being Manipulated?
Podcast Summary
0:00-6:22 Introduction- Week in Review; discussion of interest rates; waiter terminator/robots
6:23-10:00 Review of poor holiday shopping numbers and 3rd Qtr GDP; discussion of the interpretation of economic data and how the Fed uses its to continue QE but also to threaten to taper it; Fed’s intention to keep interest rates low for years with out QE admitting the economy is weak;the taper bluff for five years
10:00:17:50 will the Fed taper in December? What would the implications of tapering have on the economy and interest rates;the impact of the weather on mortgage applications; new home sales and home prices; rising interest rates; buying homes for investment vs as a primary residences; employment situation; Obama care; low paying jobs; job creation
17:50-22:09 consumer behavior and patronage of Walmart and JP Morgan; companies cutting expenses by cutting employees to support their stock prices; impact of QE on corporate behavior; Applebee’s robotic waiters vs live waiters; minimum wage
22:09-27:29 government contracts; congressional budget debate; raising the debt ceiling and increasing spending; 2014 elections; Obamacare
27:29-31:10 the debt limit and foreign purchases of US Treasuries; austerity, when will the US cut its deficit? media coverage of the stock market;Fed intervention in the treasury stock gold and silver markets.
Why People Buy Bitcoin
31:10-36:31 why people buy Bitcoin; how the Fed encourages speculation, the impact of an asset crash on the wealthy and middle class; taper meter; housing recovery watch
36:31-44:19 qualified residential mortgage rule debt to income ratios and interest rates; the impact of non farm payroll report and interest rates and Fed tapering in December;direction of home prices; Fed impact on the housing market
Bitcoin Manipulation?
44:19 – Bernanke and Bank of America on Bitcoin; transaction tracking and taxation;gold and silver as barometers of the value of the dollar; private individuals creating currencies vs private individuals issuing stocks; crushing or embracing a threat;manipulation of Bitcoin
Get Free Updates From Smaulgld.com
Further Reading:
Bitcoin a Mining Disaster Waiting To Happen
Message to the Fed – Tapering IS Tightening
Five Long Years in the Fed’s Potemkin Village
Janet Yellin and the Precious Printing Press
Janet Yellen and Negative Interest Rates
Please visit the Smaulgld Store for a larger selection of recommended Kindles, books, music, movies and other items.
Or you can support Smaulgld.com by making all your Amazon purchases through the search widget below and by ordering your gold and silver by clicking on the JM bullion ads on the site:
DISCLOSURE: Smaulgld provides the content on this site free of charge. If you purchase items though the links on this site, Smaulgld LLC. will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Please do your own research regarding the suitability of making purchases from the merchants featured on this site.
The content provided here is for informational purposes only. Making investment decisions based on information published by Smaulgld (SG), or any Internet site, is not a good idea. Accordingly, users agree to hold SG, its owner and affiliates, harmless for all information presented on the site. SG presents no warranties. SG is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access SG, any linked content, or the reliance on any information on the site.
The information contained herein does not constitute investment advice and may be subject to correction, completion and amendment without notice. SG assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. SG disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result.
Send Litecoin to this address:
