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.

Sponsored by BeYou Enterprises

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

 

 

 

Nothing-Is-Written-Bob Davis Podcast 1054

Nothing Is Written

Firstly it’s time to talk about hard times and to remember Nothing Is Written. Lear more in Nothing-Is-Written-Bob Davis Podcast 1054.

Travel Opens Your Mind

Secondly I’ve been traveling now for about a year and a half full time.

Experience

Above all I have experienced a great deal as a nomad.

Saving Fuel

Even more these days with high fuel prices putting a damper on travel I have been watching the markets like a hawk.

Fatalistic Talk

Finally I have to say I am seeing and hearing a lot of fatalistic talk these days.

We Interrupt This Travel Vibe For A Special Report

Above all I don’t do very many podcasts now about topics beyond the nomad travel vibe.

But I am called to do this one.

Resignation and Negativity

Specifically and to clarify there seems to be a resignation to negative outcomes when it comes to the future and the world.

Past Is Present and Future

In addition financial prognosticators seem to have a penchant for saying past is present and future.

Or Is It?

Therefore I feel compelled to say I reject these notions.

Nomads Have Much To Teach The Rest Of The World

My experience has been, for example, that the nomad community has a lot to teach the rest of the country, whether they want to or not.

Work Together

That is to say I have seen people put aside differences and backgrounds to work together to solve problems.

Refuse To Quit

And refusing to quit until an issue is resolved.

The Future Is Dark

On the other hand I often hear people speak of our future as inevitably dark.

History Repeating Itself

Even more many of these advisors see the future as a consequence of ‘history repeating itself’…determined by fate.

Determinist

Moreover these determinist theories are spread by the very financial prognosticators people look to for information and direction when it comes to the future.

This Is How We Solve Problems Now?

In short we will never solve problems with this kind of negative and fatalistic approach.

People Power

However individuals and people have enormous power and the agency to solve problems if they can work together.

We’re Writing It

To sum up nothing is written. We’re writing it.

Sponsored by Ryan Plumbing and Heating of Saint Paul

Nothing-Is-Written-Bob Davis Podcast 1054

 

Travel-With-Higher-Prices-Bob Davis Podcast 1048

Travel With Higher Prices

Back on the road for travel with higher prices. Time to talk about the basic causes of high inflation and what’s ahead for nomads. Revisiting some topics from earlier podcasts. Listen to Travel-With-Higher-Prices-Bob Davis Podcast 1048.

Euphoria Back On The Road

Firstly even a short trip back on the road delivers the same euphoria and excitement longer trips delivered last year.

Things Have Changed

Second things have definitely changed.

People Don’t Understand What’s Happening

Even more after many discussions with people I’ve met recently there is clearly a lack of understanding what’s going on and what’s caused these prices.

All The Key Information Assembled Here

In addition I have not been able to find all the key information assembled in one place.

Therefore that is the plan for Travel-With-Higher-Prices-Bob Davis Podcast 1048.

The Cure For High Prices

Above all most of the time high prices lead to a recession.

Learn The Word Monetary

Certainly as Milton Friedman said Inflation is Always and Everywhere A Monetary Phenomenon.

Too Many Dollars

That is to say too many dollars chasing too few goods.

Recession Ahead

And inflation often leads to recession.

Good News For Nomads

Due to the fact that recessions often lead to lower prices things might be looking up for us nomads.

California Gas Gouger

Meanwhile the media and politicians don’t talk about high fuel taxes irrationally gouge working Americans.

For example California’s tax on diesel is 68 cents. On gas it’s nearly 52 cents.

Exxon Should Take A Lesson From California

Even the oil companies could take a lesson on gouging from the State Of California.

Short Trips

In short I took a short trip into the so called Golden State intending to head to Los Angeles.

Cash Leaking Out Of My Wallet

However I turned right around and came back to Arizona due to the amount of cash leaking out of my wallet.

Longer Stays and Free Camping Please

Most importantly it’s short trips, longer stays and free camping for this nomad.

There Goes The Punch Bowl

In addition as the Federal Reserve takes away the punch bowl and pulls the slats out from under the economy I’m cheering.

Stock and Real Estate Market Shocks

Finally what’s ahead for the world back home might be stock and real estate market crashes and inevitable job losses we nomads have our fingers crossed for lower prices.

No House To Lose Here

In short if you’re on the road full time you probably don’t have a house to lose or high rent to pay.

Why We Hit The Road

Moreover this was the reason many of us decided to hit the road.

Nomad Story

It’s an important park of the nomad story.

Falling Off A Cliff

To sum up big market moves usually don’t happen fast.

But it’s kind of like falling over a cliff and grabbing branches on the way down.

As you fall you’re up and down but the general direction is down.

Good News The Media Won’t Tell You About

In conclusion that’s good news for nomads.

Maybe not so much for everyone else back in the world.

Travel-With-Higher-Prices-Bob Davis Podcast 1048