Nomad-Dollars-Sense-Part1-Bob Davis Podcast 1101

Nomad Dollars And Sense

To begin with I am going to do a series of podcasts discussing dollars and sense for the nomad. Nomad-Dollars-Sense-Part1-Bob Davis Podcast 1101 is the first in that series.

Preconceptions

Most importantly Part1 deals exclusively with our preconceptions about what exactly “The Economy” actually is.

Updates Podcast 1069

And this podcast series updates earlier comprehensive podcasts about the economy and the nomad.

In fact this is necessary because I want to deal with specific metrics in the second podcast in this series.

Business Coverage

Most importantly the reality of business news coverage these days is mostly political.

Or it is alarmist.

No Overlay

That is to say if you overlay a political or religious template on economic information you lose the ability to analyze what is going on.

Force Of Nature

Certainly the overall world economy is a force of nature.

In other words a force similar to waves on the ocean.

Therefore making predictions about outcomes is extraordinarily difficult.

Misinformation

And our modern information channels are filled with misinformation.

Charlatans

In addition there are many charlatans spreading misinformation for their own purposes.

Context

I have also learned it takes a long time to get comfortable with terms and context when it comes to financial markets and economic discussions.

My Story

Firstly I’ll tell you a little about my story as a nomad and how I became intensely interested in this subject.

Secondly I’ll tell you why I think the economy in general is at an inflection point.

And what that all means.

Podcast Series

Nomad-Dollars-Sense-Part1-Bob Davis Podcast 1101 sets up the next podcast which will deal with the key data in the economy I have learned to look at.

Finally it comes down to whether you are Pollyanna or a Cassandra.

Moreover why so many main street business owners are in fact Pollyanna.

And why they’re missing the latest economic data which could signal what is just head.

To sum up the nomad wonders when fuel prices will collapse.

And when food prices will come down.

Even more the one hundred and eighty million Americans who aren’t millionaires and billionaires wonder when they will get a break.

The answers to those questions begin with a baseline for a dollars and sense evaluation of conditions as they are.

Nomad-Dollars-Sense-Part1-Bob Davis Podcast 1101

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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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How-Much-Corruption-Can-You-Handle?-Bob Davis Podcast 868

How Much Corruption Can You Handle?

Suddenly the word ‘corruption’ is in the news these days. How deep does it go? How much corruption can we handle? Learn more in How-Much-Corruption-Can-You-Handle?-Bob Davis Podcast 868.

Pollyanna Lives Here

Most of us have grown up being taught a Pollyanna history. Back in the day it was justice for all, World War 2 and liberty.

These days our young people learn about civil rights, the environment and how much government can do to help.

Dark History Might Be The Real History

On the other hand there’s a much darker history. Especially when it comes to those who wield government power.

More Corrupt Than We Imagine

Above all I personally think our governments are more corrupt than we imagine. We’ll start by defining the word corruption.

Two Definitions Of Corruption

Most important the first definition for corruption deals with money being exchanged for political favors and a lack of integrity. The second is what’s valuable to us politically. This definition suggests debasement or ‘corruption’ of original intent.

Corrupt For A Long Time

Above all, it’s no secret corruption in government has been with us a long time in the United States. Unfortunately, it really got its legs after Prohibition.

Epic Corruption Still With Us

In How-Much-Corruption-Can-You-Handle?-Bob Davis Podcast 868 I detail US Government corruption dating back to the Articles of Confederation. In conclusion, after prohibition, the story becomes an epic. And it still is. Here’s a link to Gus Russo’s books detailing the years of political corruption in the US as the direct result of prohibition. Critics say Russo’s analysis is guilt by association but I wonder if it’s more than that. Much more.

Finally Partisans beware, my reading of history suggests corruption, legal and illegal, doesn’t have a party preference.

Senator Elizabeth Warren says she’ll tackle corruption if elected. I wouldn’t hold my breath.

[Editor’s Note: This podcast is incorrectly numbered 868. Yes I know. Haven’t done 867 yet. That’s on the way.)

Sponsored by Fitness Together Personal, Private Fitness Training and Nutrition and Ryan Plumbing and Heating of Saint Paul

How-Much-Corruption-Can-You-Handle?-Bob Davis Podcast 868

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