Who is Phil Denniston? You may know him as the man behind Bad Daddy Publishing; a line of children’s books that teach financial literacy at an early age. More recently, he joined the contributor team over at Peak Prosperity - a website with a self-sufficiency message that I think a lot of the readers here at Heretic Speculator would identify with.
Phil was a frequent guest on my old podcast The Trend is Your Friend and we jumped on a zoom together for old time’s sake - something that I think may happen more as this was a really fun chat. In the video, we talk about the following:
Russia and wartime propaganda
Implications from the Nord Stream chaos
Are we the baddies?
USD as Global Reserve and fiat failings
The ESG campaign and the impact on Gold
Finding trusted non-mainstream sources for information
Being blissfully ignorant to the way the world works
2024: Hillary vs Trump II?
Our general disdain for the two party system
My only regret from this conversation is not waiting 4 more days to record it so we could touch on the United Stations begging the Fed to stop hiking today…
In its annual report on the global economic outlook, the United Nations Conference on Trade and Development said the Fed risks causing significant harm to developing countries if it persists with rapid rate rises. The agency estimated that a percentage point rise in the Fed’s key interest rate lowers economic output in other rich countries by 0.5%, and economic output in poor countries by 0.8% over the subsequent three years.
I didn’t have U.N. annual report on the Fed Pivot excuse bingo card. If you enjoyed today’s video, check out some of our previous conversations as well.
June 2021
How the Federal Reserve has very limited options going forward, rising inflation, gold, and bitcoin. We touched on El Salvador making Bitcoin legal tender and what NOT to do if you want to buy more crypto.
February 2022
Phil's take on the push to censor Joe Rogan's recent podcast episodes about COVID, the Canadian trucker convoy and Trudeau's response, Jerome Powell's ability to raise interest rates, and the place for gold and bitcoin in an investment portfolio.
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