Like nearly everyone else, I’m obsessing over the economy, so this discussion on inflation vs. deflation really caught my attention this week.
Check it out at the Two Beers with Steve site:
In Episode 14 we have our first ever interview with Dr. Chris Martenson, the author of the Crash Crash video series and the namesake for the www.ChrisMartenson.com website. We spend an hour discussing the most hotly debated topic in the economic blogosphere, Inflation Vs. Deflation.
This was one of the more fascinating podcasts we have done and is worth a second listen. But we have plenty of more interesting interviews coming up in the near future so I ask that you please subscribe to the Two Beers With Steve podcast through Itunes. The direct link to Itunes is provided below.
You’ve just listened to a brilliant discussion (above), which is exactly what you DON’T get on CNBC, parent company GE. And guess what? The ratings are plummeting. I tune in every day to see what the markets are doing, but am fully aware of the “acts” that are being presented to us every day on the subject of the economy. So, I turn it off. And so are a lot of other people. Now, there may be some “dropoffs” from cancelled cable subscriptions, but I figure the reason for the drastic decline in the numbers is that people are sick of being sold propaganda. But FOX is no better and not everyone (including me) can tune into Bloomberg, although they have an excellent website broadcast.
More here from The Pragmatic Capitalist:
What’s even more baffling is that none of the other financial news networks have been able to capitalize on this. Bloomberg continues to simply report the news – which is great, but makes for very boring TV. Fox has essentially copied the CNBC model, but has done so without the talent and respected (or disrespected) personalities. There is a huge market for financial TV and all viewers really want is a station that doesn’t feed them bullshit all day and does so through an informative two sided debate model. Can anyone dethrone the king of financial news as they flounder or will the total lack of creativity at the other networks continue to give CNBC the title of “best of the worst”.
Late evening reruns of Jim Cramer’s Mad Money and Donny Deutsch’s Big Idea are the only things still standing. Deutsch isn’t bad, but Cramer…well, it’s a shame he’s still getting eyeballs!
The piece includes a chart of what’s going on at http://pragcap.com/wp-content/uploads/2009/07/nielsen.jpg.
Just a note: there’s a new post up at our sister site, Open Range Ramblings. If you want to see what creates windpower, check out the up-close pictures of a turbine blade that I encountered on my trip to Albuquerque!
Finally, Kenosha Marge forwarded this amazing video. It’s incredible! It’s even more wonderful as we wait for our monsoon rains to start falling here in Southern NM. The clouds are there, but where is the rain?
Chicago Correspondent Leslie also created a direct link, just in case the video doesn’t play at http://tinyurl.com/n5k6wb
The fabulous simulation is at the start of the choir’s performance of Toto’s “Africa.” WONDERFUL STUFF! You’ll feel refreshed!
Title: Amazing choir (Perpetuum Jazzile) uses their hands to simulate storm
THE PAST WEEK
*By Grail Guardian
*A Stolen Victory During the Beer Summit–OR, How to Rewrite Congressional Votes While No One is Really Looking (It’s About Our Food)
As China (And Other Countries, Too) Makes Non-dollar Trade Deals Around the World, Maybe Americans Should Seek Safety in the Reincarnation Bank
The Past Week: July 19-25, 2009 (The Journalism School Named after Walter Cronkite; Poor Economy, Cash-Strapped Families = Unclaimed Bodies of Loved Ones)
Filed under: Current Politics | Tagged: "Africa" by Toto, Albuquerque, Bloomberg News, Chris Martenson, CNBC, deflation, Donny Deutsch, FOX Business, General Electric (GE), inflation, Jim Cramer, monsoon rains, Open Range Ramblings, Perpetuum Jazzile, The Crash Course, The Pragmatic Capitalist, Two Beers with Steve, wind power, wind turbine blades | 1 Comment »