Jay Taylor Media, Released on 7/13/22
David Stockman explains why the ruling elite will once again be disappointed that inflation isn’t rolling over and what ongoing inflation will mean for the markets.
David Stockman is a former Republican congressman from Michigan and was President Reagan’s budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman’s Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism in America and Trumped! A Nation on the Brink of Ruin… And How to Bring It Back.
Good Grief! It looks like senility has now infected almost ever financial expert over the age of 50. Cmon Jay, how you can let this guy ramble on and on and on and expect your listeners to not be bored to death? Now I understand that Stockman is a really smart guy but for the last 5 years he’s become a veritable talking machine run on auto-pilot. He needs to be put on a verbal leash to be able to extract all the good stuff he has to say. Does anyone but me not understand this?