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    From: Censorship Is Out Of Control!
  • Fri, Oct 23, 2020 - 4:22pm

    Mots

    Mots

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    Joined: Jun 18 2012

    Posts: 268

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    information resilience

    Travissidelinger you make an excellent point about information resilience.   You followed up with further comments about how to go about securing information resilience.  Mohammad suggested some good point sources of information......

    As pointed out, this is only the beginning.  Software to completely emulate CM's voice and even video has already been perfected and will become even more indistinguishable from reality soon.  Going to a preferred website or opening an email from a trusted source will merely be another conduit for fascists to spread lies with fake videos and conversations that will replace information flowing through THEIR internet.  So I agree with your comments about a slow system and in person communications.  We saw this problem when Ron Paul ran for president and keepers of the internet actually intercepted private postings complementary of Dr. Paul and replaced with derogatory comments.  And, that was years ago.  The complete interference with internet communications and insertion of bogus communications is on the horizon.

    So I would like to add to your list, the need for direct peer to peer communications.

    Person to person can be augmented by direct peer to peer via amateur radio.  There are some very interesting ways to use world wide, low power (<100 watt) digital mode for both dialogue and mass distribution to interested listeners.  We will need this in perhaps 2 years after our rulers in silicon valley go the next step and directly interrupt personal messages and blog site content such as this.
    I wonder if any hardware/software people out there would like to discuss this.
    73  AK4VO

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  • From: Ben Hunt: Inflation Ahead!
  • Fri, Oct 23, 2020 - 4:09pm

    MKI

    MKI

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    Joined: Jan 12 2009

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    Will not see hyper inflation

    We are going to see hyper inflation I think. But, do not believe things like healthcare will tolerate a dime more.

    No. People have been screaming about potential hyperinflation since the 1970s. This simply cannot happen without complete government collapse, and the USA will be the last country to experience this if it does happen worldwide, merely because we have the nukes, all the food, most of the energy, and the world's reserve currency. Basically, we have the world by the balls, and hyperinflation is merely a political choice, not an economic reality.

    And trust me, housing, education, and healthcare can tolerate much, much higher prices. We ain't seen nothing yet, IMO. Hence, one better own some assets today. YMMV.

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  • From: Ben Hunt: Inflation Ahead!
  • Fri, Oct 23, 2020 - 3:42pm

    #
    MKI

    MKI

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    Joined: Jan 12 2009

    Posts: 252

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    Good Interview, Great Questions

    At 7 min, Adam asks the question: how long can this go on? Ben replies: the government controls the printing press and the narrative: IOW; there is no limit (until the inflation catches up with us). But then he acknowledges that Japan is going just fine buying back debt for decades. My comment: Thus, it's conceivable things could last for a generation if we can avoid political unrest.

    At 16 min, Ben fantasizes about "bottom-up" political change. Thanks Adam for politely calling our attention to the real world! My comment: I wish we had a pro moderator like Adam in the national election debates...

    At 20 min, Adam hates being long a fake market, but Ben says we gotta dance. My comment: A'greed' To both!

    At 22 min, Ben again decries the "gap" between the "real world" and the "investment world". And believes everyone needs a "financial advisor" now more than ever to not get "caught up in the narrative". My comment: Well, if this were true, how have those investment advisors done over the last 11 years compared to the market using basic index funds? And if they haven't understood the world to date, why will the future be any different?

    At 23 min, Ben says it's frustrating for money mangers, since they "know what the truth is" while the rest of the world doesn't. Really? Really? If so, why have money managers done so poorly vs the market for over 10 years? Remember, a decade is half a person's working life! My comment: Methinks Ben is way, way too confident in his understanding of what constitutes "value" today. When the Fed prints money, that's real value if you take the cash and buy things with it.

    At 24 min, Ben acknowledges the market is "the only game is town" and people need to minimize their maximum regret, and thus balance TINA with FOMO to "stay wealthy" vs "become wealthy". I disagree. My comment: I think the risk of massive inflation is indeed real, and nobody can "stay out" of this market without getting poor before it's over. I also think a person can participate in this market with little risk using stop losses and a basic understanding of what is going on. That's how I've stayed in the market during this decade of overvalue while being perfectly aware of traditional measures of value (which clearly don't work anymore).

    At 25 min, Ben thinks money managers "scratching their head" at this market are somehow valuable for investors because it makes them more conservative. I disagree. Had I followed his advice, I could not have tripled my NW in the last decade, again, with very little risk.

    I'm disappointed Ben is still seems to believe company earnings and the economy will have any relation to the stock market over the next 5-10 years. It sure hasn't over the last decade. It's been obvious for over a decade (since the tech bubble era) this is a Keynesian beauty contest. I think Ben and other money managers need to build a model that makes sense of the market, such as Michael Green has. Without it, one could not have tripled their NW in the last decade without much risk.

    One more comment: Ben is a real class act, and this country needs more people like him. Thanks a bunch for this interview!

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  • From: Ben Hunt: Inflation Ahead!
  • Fri, Oct 23, 2020 - 2:05pm

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    nordicjack

    nordicjack

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    Joined: Feb 03 2020

    Posts: 730

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    Inflation not a bad thing

    We actually need inflation specifically on consumer goods.   While food, healthcare, real estate and education and services have increased at an alarming pace.  Consumer goods have gone nowhere. In fact, many have deflated.. And not just electronics like like TVs which was $350 in 1950, 1970, 1990 , 205, 2020  and tvs are still $350.   But most home goods have gone down in price.  though many like appliances and clothing have, just reduced quality and life span.  But there is the bulk of things that have not kept pace with even the average 4% per year increase.  I sell retail.  And we average less than 2% per increase in the 20+ years I have been in business.   Things are about to break. We are going to see hyper inflation I think.  But, do not believe things like healthcare will tolerate a dime more.   AND wages and salaries will lag.

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  • From: Ben Hunt: Inflation Ahead!
  • Fri, Oct 23, 2020 - 1:23pm

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    000

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    Joined: Dec 10 2013

    Posts: 208

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    Shifting Fiduciary Response

    Do the New Harbor guys feel BTC will shift the fiduciary responsibility of managers to include BTC as an asset class that must be part of any inflationary environment strategy?

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  • From: Ben Hunt: Inflation Ahead!
  • Fri, Oct 23, 2020 - 1:09pm

    miguel

    miguel

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    Joined: Mar 10 2020

    Posts: 16

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    brushhog - Neither strictly inflation nor deflation

    Its what I believe is and will happen. Credit deflation with consumer goods inflation. The only disagreement is that I believe fortunes will be lost...Especially with reduced consumer spending, higher taxes, high unemployment etc. Its the worst of all worlds.

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  • From: Ben Hunt: Inflation Ahead!
  • Fri, Oct 23, 2020 - 12:56pm

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    DennisC

    DennisC

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    Joined: Mar 19 2011

    Posts: 184

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    In other words...

    Everything you need (or are "required" to need), costs more, everything you don't need, costs less.  Or,  anything you need to sell goes bidless, stuff you need to buy is unobtainium.  On the plus side, there is always "Hey [your favorite endearment term here], look at all the money I saved today on stuff we don't need.  It was on sale!"

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  • From: Daily Digest 10/20 – The Military Industrial Complex Has Won, Why Central Bankers Got Serious About Digital Cash
  • Fri, Oct 23, 2020 - 12:31pm

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    skipr

    skipr

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    Joined: Jan 09 2016

    Posts: 196

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    Most Fake Floyd Protests Not Peaceful

    https://www.startribune.com/charges-boogaloo-bois-fired-on-mpls-precinct-shouted-justice-for-floyd/572843802/

     

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  • From: Daily Digest 10/20 – The Military Industrial Complex Has Won, Why Central Bankers Got Serious About Digital Cash
  • Fri, Oct 23, 2020 - 12:00pm

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    000

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    Joined: Dec 10 2013

    Posts: 208

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    Good News Friday: Most Floyd Protests Peaceful

    https://www.latimes.com/california/story/2020-10-23/lapd-most-george-floyd-protests-peaceful

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  • From: Daily Digest 10/20 – The Military Industrial Complex Has Won, Why Central Bankers Got Serious About Digital Cash
  • Fri, Oct 23, 2020 - 11:39am

    Peggy

    Peggy

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    Joined: Mar 29 2020

    Posts: 55

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    Thanks so much Sand Puppy!

    Covid has taken a back seat to whats happening w the election and all, but its most certainly still with us. So appreciate this info!

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