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Steve Saretsky

👤 Speaker
2315 total appearances
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Appearances Over Time

Podcast Appearances

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

It's all breaking at the same time.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

And when a lot of little things break at the same time, you get something big that breaks, which would be the bond market again.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

It's kind of ironic though, Steve, you know how we, you know, they're not including food and energy in their preferred.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Who eats food?

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Who eats food?

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Who drives?

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Who consumes energy?

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

People in BC don't consume energy.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Definitely steel makers don't.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Yeah.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

It's, you know, and again, you go to the grocery store, like things are getting more expensive and, you know, restaurants are more expensive and you name it.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

So, you know, for, I didn't watch, by the way, I assume some people were taking a victory lap on the,

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

some of the inflation data this week, I assume, Rich, for the Canadian side?

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

I mean, I don't, yeah, I didn't really pay attention to be honest with you.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Maybe, yeah.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

I think the average person is going to say, what are you guys talking about?

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Like, of course the world is becoming more expensive.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

I just want to share, you know, remember last week's bond conversation that we had, which was a lot of fun, you know, and I saw, I just want to share a tweet that I saw a couple of days ago.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

I think I shared with everyone as well, but it's from a gentleman, Thierry Bourget, I think his name is.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

And so specifically, Thierry is saying, what if the biggest bubble of our lifetime isn't crypto?