In this week's Off the Cuff podcast, Chris and I discuss:
- Market Mania
- Our "no worries" financial markets
- Nonsensical Logic
- From Japan's monetary strategy to Obama's inaugural speech
- The Managed Rise in the Price of Precious Metals
- Intentional, yet unsustainable, manipulation
- The Really, Really Big Picture
- Peak "cheap" oil, "net" energy crisis, and flow rates
In the wake of the President's inauguration and today's short-term debt ceiling agreement, Chris and I discuss the wide and growing gap between what we, as a society, say are our priorities vs what we actually make our priorities.
Take global warming and costly energy. Two big worries our country has; one immediate, one looming to threaten future generations. The President mentioned an urgent need to address both in his inauguration speech on Monday.
But let's look at the projected 2013 spending on alternative energy, the best chance of addressing both threats. $840 million. That's with an "m". Just 0.02% of the total budget for the