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The ACID Capitalist Podcast

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The Paradox of Faith in the Central Bank

I think I've got faith in the goons doing central bank policy. You're, and I might be totally wrong here. I believe that occasionally you can find an asset class and perhaps individual equity companies where they are deemed to be in the national interest. That's a good situation. Today you might apply that to the semiconductor sector. And obviously, COVID revealed an over dependence on China and Taiwan. Of course, artificial intelligence is requiring so much power. But with his size and stuff, I think the government is kind of behind them (Intel) The 10-year British stock market price has risen by about 2% this year compared to 0.7% last year. It

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