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. M