Inflation-For-Nomads-Bob Davis Podcast 1024

Inflation For Nomads

You might think inflation for nomads is something we don’t think about. However we nomads might be in the best position to deal with inflation. Learn more in Inflation-For-Nomads-Bob Davis Podcast 1024.

Hitting The Road

Firstly I have been hitting the road for extended periods of time since 2014.

Life On That Road Forever

Secondly about a year ago I decided to chuck it all and hit the road permanently.

Will Higher Prices Kill The Vibe?

However as oil and food prices rise some people wonder how long any of us nomads will be able to continue.

Surprise

But it might be surprising to learn I think nomads are in the best position to deal with rising prices.

Disclaimers

Certainly I have some disclaimers in this podcast.

No Politics

That is to say this podcast isn’t about politics.

For example I am not going to tell everyone what ‘the government’ should do to deal with this problem.

System Of Thinking

On the other hand I have been employing a system of thinking about these things that has yielded some observations that can help anyone concerned about rising prices.

What Might Be Going On

Even more I conducted an organized observation of grocery stores and truck stops from coast to coast in the last few months and I learned a few things about what’s going on with consumers.

For Nomads

Finally for nomads the real question is where the most significant price increases are coming from and how long they can last.

Changing Up The Vibe

In short the ‘go where my intuition sends me’ vibe is the first casualty.

What’s The Mission

Moving further along that line of reasoning the only task left for me is the mission for the second full year of nomad life.

Slowing Down

And slowing down the velocity of travel.

Careful Planning

Above all careful planning and controlling expenses suggests nomads can get through this insanity and prevail.

Pollyanna

In conclusion there’s something about then nomad experience that allows us to forget the rest of the world.

For a time.

Reality Breaks In

Every now and then reality breaks through the bliss.

Most importantly this doesn’t have to be a death sentence for the mission or the experience.

Only The Disciplined Can Be Truly Free

In short what is required is a disciplined way of thinking and operating to stay on the road and in the flow.

Inflation-For-Nomads-Bob Davis Podcast 1024

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Shortage-Lies-Damn-Lies-Bob Davis Podcast 1022

Shortage Lies and Damn Lies

Firstly I don’t know whether the shortage predictions will come true at some future date. But what I am hearing on the news doesn’t jibe with what I am seeing all across America. Learn why I say this in Shortage-Lies-Damn-Lies-Bob Davis Podcast 1022.

Might Be Shortages

Secondly I am not saying there aren’t shortages in some places.

Maybe Some Can’t Find What They Want

Even more not saying some people can’t find the things they want.

Above all that all might be true.

My Survey Of Stores In The Southwest

However recently I completed an organized informal survey of several Walmarts in the American Southwest.

A Method To The Madness

Specifically my conclusions are that there are patterns to the empty shelve syndrome we keep seeing on social media.

Inflation?

In addition there are probably two other causes of shortages where they are seen. Both causes seem to make the case for disinflation.

Doom Triggers

Most importantly I think some prognosticators and politicians get a benefit from predicting doom.

No Toys For Christmas!

For example we keep hearing there won’t be any toys for Christmas.

No Candy For Halloween!

Or that Halloween Candy will not be available.

Truth

Firstly the truth is I have been in several stores in Nevada and California in the last two days and there is plenty of Halloween stuff.

Santa’s Loaded Down

In addition the toy and Christmas aisles were jam packed with goods and these same stores.

Trucker Shortage?

But what about the trucker shortage Bob Davis?

Containers Sitting In The Ocean?

Above all what about all those containers sitting in the ocean at the LA Port?

Are We Sure Retailers Want The Containers?

To clarify I personally don’t think a lot of retailers want those containers to be processed and the goods to end up on the shelves. I’ll tell you why in Shortage-Lies-Damn-Lies-Bob Davis Podcast 1022.

Trucking Companies Driver Problem Goes Back Ten Years

And the trucking companies have been complaining about trucker shortages since the early two thousands.

What’s different now?

Mom’s Buying All The Sugar and Flour

Meanwhile what I am seeing fly off the shelves at are staples.

Flour. Sugar. Rice. Syrup.

But Not Honey Nut Cheerios

They’re not even buying Honey Nut Cheerios.

Or Whiskey.

Therefore something else is going on.

Finally these days I don’t like to do controversial subjects. It just ends up being an argument anyway.

But…

I don’t have some deep need to be relevant.

To sum up I’m doing this because all this talk of shortage is not matching what I am seeing in my travels across this country.

It’s All Good

In short from California to Maine and back again I have not been able to find something I need.

Plenty Of Grass Fed Beef

Even more while I have seen the bottom shelves where the sale stuff is empty, I’ve also seen stores packed with consumer goods of all kinds.

In conclusion with the truck stops packed and stores full I am starting to wonder if someone is lying.

Shockingly I always thought you could trust YouTube prep guys and politicians.

Shortage-Lies-Damn-Lies-Bob Davis Podcast 1022

(Editor’s Note: My definition of disinflation is not very good on this podcast. For a great definition click on the word ‘disinflation’ above.)

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Recession-Warning-Media-Confusion-Bob Davis Podcast 855

What Is All This Talk About Recession

These days it’s hard to tell who to believe. In many ways it’s the best economy ever. The best time to look for a job. An unprecedented economic boom. Why is everyone suddenly talking about a recession. Learn more in Recession-Warning-Media-Confusion-Bob Davis Podcast 855.

Not Making Predictions

First of all I am not here to tell you the economy is in the tank, or that it is booming.

Recession! Depression! Do I have Your Attention Now?

Truth is if you put the words recession, bust, or depression in an article you’re going to get people’s attention. In addition it doesn’t hurt to have a couple of historic drops in the stock market.

Now that I have your attention…Listen to Recession-Warning-Media-Confusion-Bob Davis Podcast 855.

Market Drops and Yield Curves Mean New Media Story Lines

It doesn’t matter if the markets recover from those drops.

What matters is now the media has a story line that predicts doom and destruction.

Fool’s Errand

Especially relevant is a lesson I learned a long time ago. It doesn’t matter how well informed a commentator might be. Making predictions about a force of nature like the world’s largest economy, is a fool’s errand.

Shallow Expansion, Debt and Slowing Growth

Even more, it is true our economy is growing and we are enjoying the longest economic expansion in memory. It’s also true it’s a shallow expansion and that growth just above the inflation line, isn’t really booming. Moreover, the expansion is getting pretty long in the tooth, as the say.

There Is A Season

In contrast like the seasons, economies operate on a cycle. Truth is anyone who predicts a recession will ultimately be right. Just like fall into winter recessions have a purpose. Economic contractions kill off the weak plants and animals and insects so the strong and grow again in the spring.

So when the yield curve inverts and the market drops it is certainly worth paying attention.

Seems like we’re missing something though. While the politicians and talking heads trade insults about who’s predictions are right, what are we thinking about?

Election Year Economics

In conclusion what plans to we the people have for the future economy of the United States. I sat down to do a podcast on the yield curve, claims about unemployment and recession predictions. I ended up with an essay on the pitfalls of talking economy in an election year, the ballyhoo on the current economy when the real questions aren’t even being asked. Let alone answered.

It’s 1950 In America…Coal Mines and Manufacturing, right?

Where are we going? What are we trying to accomplish? What kind of economy do we expect in the future. Is it really manufacturing jobs in Ohio and Coal Mines in West Virginia?

Sponsored by Ryan Plumbing and Heating of Saint Paul and Reliafund Payment Processors

Recession-Warning-Media-Confusion-Bob Davis Podcast 855

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