Updates-Loose-Ends-Clarifications-Bob Davis Podcast 1069

Updates Loose Ends and Clarifications

Firstly from time to time I do updates clarifications and tie up loose ends. Find out why in Updates-Loose-Ends-Clarifications-Bob Davis Podcast 1069.

Dream World

Secondly nomad life is a dream world.

Sailing On The Sea

That is to say this life is more like sailing between islands.

Doesn’t Matter What Day It Is

Certainly when you’re out on the water you don’t care what day it is.

Series

Because I have been doing podcasts on the inflation and economic issues facing nomads since the beginning of 2022 they have become kind of a series.

Fighting Complex Topics

And every now and then I find myself struggling with the complexities and left brain nature of finance and economics.

Dreamy Nomad Life

Even more due to the dreamy nature of nomad life.

The Great Basin

So I am up in the mountains above The Great Basin.

Food and Fuel Prices

Considering the intensity of food and fuel prices this is a perfect time and place to make some corrections updates and clarifications about these issues from podcast 1068.

Taking A Pause

However as usual it is also time to take a pause.

Sounds Of The Night

Listen to the night sounds.

Sundown In The Mountains

Enjoy the sundown and late evening dusk here at Great Basin National Park.

Talk About Prices

But it’s also a perfect time to clarify why I believe prices will continue to go down.

Slow Down Coming

Moreover why I think we’re headed for a major economic slow down in the near future.

Complex

Finally I will warn listeners the second half of this podcast might feel little complex.

No Political Rhetoric

On the other hand you usually don’t find these explanations free of political rhetoric in most places.

Cheaper Food and Fuel

Above all my goal is to give hope to fellow nomads rooting for cheaper food and fuel.

Simplify

In addition my goal is to try and simplify a bit of the talk about the economy.

Information You Can Use

Therefore we’ll have some information we can use.

What To Look For

In the same vein at least we will know what to look for in coming weeks to confirm some of my conclusions in Updates-Loose-Ends-Clarifications-Bob Davis Podcast 1069.

Last Economic Podcast For Awhile

To sum up this will be the last so called economic podcast I’ll do for awhile.

Full Travel Vibe…Next

So we’ll be back to the full travel vibe until we hit another turning point.

Updates-Loose-Ends-Clarifications-Bob Davis Podcast 1069

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Summers-End-Turning-Point-2022-Bob Davis Podcast 1068

Summers End Turning Point 2022

Firstly summers end is always a turning point. You might remember this one for a long time. Details in Summers-End-Turning-Point-2022-Bob Davis Podcast 1068.

Not Political

Secondly these are not political podcasts.

Economy

Certainly they have to do with the US and world economies.

However one of the chief mistakes of many analysts is their penchant for attaching economic problems to current political leaders.

Inflation Years In The Making

Most importantly the inflation nomads and people back home are dealing with was years in the making.

Major Slow Down Ahead?

In addition one of the biggest takeaways from this podcast is the increasing possibility for a major slow down and a shift from inflation to deflation.

Recession

For example Germany, China and technically the United States are already in recession.

Feeling The Pinch

And smaller economies and developing economies are also feeling the pinch.

The Cause? Not What You Think

While much has been made of the war in Ukraine or supply issues these are not the root cause of the inflation in the United States.

Gas and Food For Nomads

Above all we nomads feel the pain when it comes to gas and food prices.

Everything For everyone Else

And for the people in the and of bricks and sticks it’s just about everything else.

In Summers-End-Turning-Point-2022-Bob Davis Podcast 1068 I argue that the inflation we’re dealing with has been caused by years of near zero interest rates and something called quantitative easing.

Don’t Bet On A Pivot

In the same vein analysts keep saying the US Federal Reserve will ‘pivot’ soon.

95 Billion Every Month Bought For Years

To clarify Quantitative Easing has taken the form of the central bank buying 95 billion dollars worth of bonds EVERY MONTH.

Now Selling 95 Billion Every Month

More importantly Quantitative Tightening is the central bank selling off 95 billion dollars worth of bonds EVERY MONTH.

Moreover those bonds are ramping up to a full 95 billion EVERY MONTH in September.

That’s a lot of liquidity sucked out of the banking system.

Therefore listeners can see why I say Summers End is a Turning Point.

Meanwhile I emphasize EVERY MONTH here because I did not in Summers-End-Turning-Point-2022-Bob Davis Podcast 1068.

Summers-End-Turning-Point-2022-Bob Davis Podcast 1068

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Monsoon-Musings-Bob Davis Podcast 1066

Monsoon Musings

Late summer means the Monsoon season out west and that means it’s time for some Monsoon Musings. In my case that means midnight between downpours. Up in the mountains in Monsoon-Musings-Bob Davis Podcast 1066.

Monsoons Are Not Created Equal

Firstly every year out here is different when it comes to the Monsoon.

Bad Monsoon

Secondly this is a bad Monsoon.

Above all it seems like every afternoon the thunderheads come up and the downpours start.

Spectacular Storms

Certainly the storms are more spectacular in the deserts down toward Phoenix.

Utah Monsoon

However I am in Utah.

And Utah has its share of summer storms.

Flooding

For example it doesn’t take much rain to produce flooding and a lot of mud.

Campsite Flooded

In fact my campsite was flooded when I recorded Monsoon-Musings-Bob Davis Podcast 1066.

Stay On The Black Top

On the other hand that is why nomads avoid sandy and dirt roads this time of year and park on the black top.

Reflections

But it’s a great time for reflections.

Musings

Monsoon Musings.

In the same vein I have been up in Salt Lake for a lot longer than I would have liked.

Consequently I have a few stories from my truck stop and Walmart parking lot stays.

In addition I had a chance to scout the whole area for great campgrounds.

Bryce Canyon

Finally I headed up to the Bryce Canyon area and camping at King’s Creek in the Dixie National Forest.

[Editor’s Note: Of course I called it King’s Crossing in the podcast!)

Dixie National Forest

To clarify this campground is about nine thousand feet up. When it rains there it’s cold.

Fog!

And foggy.

Red Rock Road

Therefore I was happy to get back down to the desert near Red Rock.

Two Takeaways

To clarify there’s two takeaways from this podcast.

Desperation In The Truck Stops and Parking Lots

Firstly I don’t think I have seen this many homeless and desperate people in the truck stops and parking lots in my travels.

And Utah has services and plenty of room for broken down car dwellers.

Nomads Have A Dream

Secondly it’s been my experience that nomads have a dream.

That is to say many nomads dream of a piece of land somewhere in the mountains.

Or beaches.

Forests too.

In short we talk a lot about what one would need for the perfect off grid ‘cabin in the woods’.

My Heart Is On The Road

But on the other hand my heart is not in those discussions although I don’t mind having them over a fireside steak and a piping hot cup of coffee.

My Cabin In The Woods

In conclusion Mobile Podcast Command is my cabin in the woods, mountain or beach.

Gratitude

And I am very grateful to stay on the move.

Sponsored by the Independently Owned And Operated Refueling Station in South Minneapolis 36/Lyn

Monsoon-Musings-Bob Davis Podcast 1066

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