SchiffRadio Podcast Episode 2 Synopsis

Economic Data - More weak data

Purchase applications index declined by 7.2% - biggest decline in 14 years

Treasury yields slightly up for the week

Retail sales up - Buying more or paying more?

auto purchases with cheap money

inflation not taken into account

Auto loans increasingly delinquent

Fed Policy

I'll admit to being wrong if the Fed raises interest rates back to normal and shrinks its balance sheet back to normal, as promised, and does not produce a financial crisis.

Interest Rates

Negative Interest Rates in Japan and in Switzerland

Inflation

Paul Krugman says we should be at 4% inflation and a minimum wage of $10.10

Commentary on Henry Blodgett's inflation comments

Column from David K. Johnson on how corporations are getting rich by paying taxes

Employment

Jobless claims up, indicating a trend change

The Economy

Recognizing bubbles ahead of the crisis

Europe - Poll on Scottish independence

Social Issues:

The NBA in the hot seat for racism

Over-reaction to the Ray Rice story