Rob Arnott & Campbell Harvey on Why They Believe Inflation Hasn’t Peaked | #438
The Meb Faber Show - Better Investing
The Ultimate Tax Rate Is the Rate of Spending
Bidan: "I like cam's analogy of the double barrelled nerfe gun, because i got a five-year-old so we're thickin that right now" The ultimate tax rate is the rate of spending, says bidan. So joe, my recommendation is to slash government spending. Slash unnecessary programms that warp incentives for the macro and let interust rates be driven by the long end of the curve. Would be wonderful way to manage our way to a miracle economy which doesn't have processions,. except when there's an exogenous shock such as a pandemic or natural disaster.
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