Chris Irons: Derailing the Great Reset
Tom welcomes back Chris Irons, host of the Quoth The Raven podcast, to the show.
Chris discusses how we live in an age where narratives can’t be questioned without being considered a conspiracy theorist. The market however is demanding a solution to censorship and there are thousands of people looking for a place to put their content. Substack is filling an important part of that niche.
There are two narrative shifts occurring right now around Covid and inflation. The Fed is at a fork in the road between popping or continuing giant bubbles while monetizing the debt. The Fed is trapped and unlike in the past they don’t have a viable way out. In the past they were able to avoid inflation and the Fed was able to pretend to engineeer monetary prosperity. Now there is no way for the average person to ignore Fed policy with high inflation. They are running out of excuses and room to wiggle. He says, “The Fed’s feet are being held to a fire in a way that has never occurred before… Politicans aren’t going to be able to promise as reality is taking effect… Inflation is the number one political issue in the country.”
Crypto has brought financial understanding to a new generation who want to understand monetary policy. They are quiickly realzing the flawed nature of the existing system. This is a huge problem for the Fed because the new generation understand the scam.
He discusses Mr. Schwab and his controversial plans for a coming reset. People are seeing the global elite plans for what they are a terrible system which will harm many. Chris doesn’t believe the globalists have a viable way out of the system. The more educated people become to the system the fewer options will be left for the elite. We’re just in different stages of waking up.
We’re not far from a hyperinflationary mind set setting in with the masses. The environmental movement is only exacerbating the problems as prices for energy skyrocket. As energy rises so does everything and our leaders are terribly ignorant. They believe they can micro manage the economy and are stunned when their actions don’t work. Price controls do not work.
In this market all you need to have is a face and a dart board; brain not required.
Rates being left unchanged is probably bad news because investors wanted some sort of action. He anticipates more volatility and a move lower.
Capitalism and common sense are going to end the mandates and intrusion into their lives.
Talking Points From This Week’s Episode
- Censorship, new platforms and how the narratives are shifting.
- Crypotocurrencies and inflation are enlightening a new generation.
- Hyperinflationary risks and the cost of production.
- Incompetent political micro management and the economic consequences.
Time Stamp References:
0:00 – Introduction
1:43 – Substack Model
7:02 – Shifting Narratives
17:03 – Crypto Lessons
21:40 – WEF Great Reset
27:42 – Price Controls?
35:00 – The Coming Reckoning
36:45 – Fed Creations
44:54 – Rates Unchanged
46:00 – Concluding Thoughts
Chris Irons is the host of The Quoth The Raven Podcast.